3 hours ago
When President Donald Trump helped orchestrate Darline Graham's appointment to finish Sen. Lindsey Graham's term, many Republicans in South Carolina saw it as a fitting tribute to her late brother.
But four days later, following Trump's announcement that he wanted Graham to run for a six-year term, their feelings quickly flipped.
The president's decision to get behind a political unknown for a breakneck special election process is further testing his clout in South Carolina, a solidly red state where Republicans already this year have roundly rejected his first pick for the governor's race and his push to redraw the state's congressional maps. Behind the scenes, some Republicans are stewing as others fret that Trump is setting himself up for failure, once again, in the Palmetto State.
"The issue is that the president continues to get bad advice about South Carolina," said CJ Westfall, chairman of the Dorchester County GOP. "We certainly empathize with Darline — and even the president, as Lindsey was a really good friend of his — but he's certainly getting bad advice. We've got a lot more exciting options for this seat. It's a once-in-a-generation opportunity."
When speaking privately to candidly discuss the race, GOP heavyweights in the state echo a growing number of social media posts lamenting "coronations" and "monarchies" — complaining that what could have been South Carolina Republicans' first open Senate primary in more than two decades now features an incumbent with the same surname.
#president #state #term
But four days later, following Trump's announcement that he wanted Graham to run for a six-year term, their feelings quickly flipped.
The president's decision to get behind a political unknown for a breakneck special election process is further testing his clout in South Carolina, a solidly red state where Republicans already this year have roundly rejected his first pick for the governor's race and his push to redraw the state's congressional maps. Behind the scenes, some Republicans are stewing as others fret that Trump is setting himself up for failure, once again, in the Palmetto State.
"The issue is that the president continues to get bad advice about South Carolina," said CJ Westfall, chairman of the Dorchester County GOP. "We certainly empathize with Darline — and even the president, as Lindsey was a really good friend of his — but he's certainly getting bad advice. We've got a lot more exciting options for this seat. It's a once-in-a-generation opportunity."
When speaking privately to candidly discuss the race, GOP heavyweights in the state echo a growing number of social media posts lamenting "coronations" and "monarchies" — complaining that what could have been South Carolina Republicans' first open Senate primary in more than two decades now features an incumbent with the same surname.
#president #state #term
10 hours ago
This has been an active year in the mergers-and-acquisitions landscape across the biopharmaceutical industry. One of the more notable deals was Vertex Pharmaceuticals' acquisition of Crinetics Pharmaceuticals for $10 billion in cash (the transaction hasn't closed yet). This is the largest acquisition in Vertex Pharmaceuticals' history, and it will enable the biotech giant to gain several promising pipeline candidates in endocrinology. Could there be an even more massive acquisition on the horizon in the industry? It's hard to say for sure, but if there is, Viking Therapeutics (NASDAQ: VKTX) may be the acquisition target.
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 »
According to the U.S. Centers for Disease Control and Prevention, a little over 70% of adults in the country are overweight or obese. Excess weight is linked to a range of serious health problems, including diabetes, heart disease, and many others. Recent breakthroughs are helping address the issue. Anti-obesity medicines are allowing patients to lose weight and reduce their risk of developing a range of conditions. But this market is still in its early stages and is projected to expand rapidly over the next decade. According to some estimates, it will be worth $190 billion in 2035, compared to just $79 billion last year.
No wonder, then, that many pharmaceutical giants are looking to dip their toes in this **** e. But discovering and developing brand-new therapies from scratch in any field is expensive and time-consuming. That's why well-established drugmakers often prefer to acquire companies with promising mid and late-stage **** ets. That's where Viking Therapeutics comes in. The company's portfolio includes subcutaneous VK2735, currently in phase 3 clinical trials, as well as an oral version of the drug, which should begin late-stage studies by year-end. Further, Viking Therapeutics developed VK3019, another weight-loss candidate, which recently started phase 1 clinical trials.
Viking Therapeutics has one of the more impressive weight-loss pipelines among mid-cap biotechs, making it a great target for a pharmaceutical leader looking to fast-track the process and land some highly promising anti-obesity pipeline candidates overnight. Viking Therapeutics' phase 3 studies for VK2735 are expected to be completed by late 2027. If the results are very strong, the company's shares will soar, making it a much more expensive acquisition target. So, if any pharmaceutical giant is going to make a move, it probably will be before then.
#viking #NVIDIA #weight #promising
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 »
According to the U.S. Centers for Disease Control and Prevention, a little over 70% of adults in the country are overweight or obese. Excess weight is linked to a range of serious health problems, including diabetes, heart disease, and many others. Recent breakthroughs are helping address the issue. Anti-obesity medicines are allowing patients to lose weight and reduce their risk of developing a range of conditions. But this market is still in its early stages and is projected to expand rapidly over the next decade. According to some estimates, it will be worth $190 billion in 2035, compared to just $79 billion last year.
No wonder, then, that many pharmaceutical giants are looking to dip their toes in this **** e. But discovering and developing brand-new therapies from scratch in any field is expensive and time-consuming. That's why well-established drugmakers often prefer to acquire companies with promising mid and late-stage **** ets. That's where Viking Therapeutics comes in. The company's portfolio includes subcutaneous VK2735, currently in phase 3 clinical trials, as well as an oral version of the drug, which should begin late-stage studies by year-end. Further, Viking Therapeutics developed VK3019, another weight-loss candidate, which recently started phase 1 clinical trials.
Viking Therapeutics has one of the more impressive weight-loss pipelines among mid-cap biotechs, making it a great target for a pharmaceutical leader looking to fast-track the process and land some highly promising anti-obesity pipeline candidates overnight. Viking Therapeutics' phase 3 studies for VK2735 are expected to be completed by late 2027. If the results are very strong, the company's shares will soar, making it a much more expensive acquisition target. So, if any pharmaceutical giant is going to make a move, it probably will be before then.
#viking #NVIDIA #weight #promising
10 hours ago
Apple says it has now topped 1.5 billion subscribers for its services business, up from 1 billion in January 2025. However, this segment of Apple's business, which includes the Apple Store, AppleCare, music, video, and cloud services, was the only miss in what was otherwise a record-breaking quarter for the company's hardware sales.
In Apple's fiscal third quarter, the company reported $30.74 billion in services revenue, falling short of the $31.22 billion Wall Street **** ysts had expected. Combined with a miss in China, Apple's stock tumbled over 4% in after-hours trading.
When asked to dive into what led to the decline in services revenue, Apple CFO Kevan Parekh pointed to several factors. Most notable, however, were the impacts on Apple's cash cow, the App Store.
One factor contributing to the App Store's performance in the quarter was a slowdown in mobile gaming. It also called out the App Store business model changes in certain countries, including the U.S.
The latter is a reference to Apple being under a court order that requires it to now allow app developers to process customer payments outside the App Store — and outside the reach of Apple's commission. While Apple didn't say to what extent this specific issue had impacted App Store revenue, it did remind investors that the matter will be heard by the Supreme Court for a final decision.
#store #billion
In Apple's fiscal third quarter, the company reported $30.74 billion in services revenue, falling short of the $31.22 billion Wall Street **** ysts had expected. Combined with a miss in China, Apple's stock tumbled over 4% in after-hours trading.
When asked to dive into what led to the decline in services revenue, Apple CFO Kevan Parekh pointed to several factors. Most notable, however, were the impacts on Apple's cash cow, the App Store.
One factor contributing to the App Store's performance in the quarter was a slowdown in mobile gaming. It also called out the App Store business model changes in certain countries, including the U.S.
The latter is a reference to Apple being under a court order that requires it to now allow app developers to process customer payments outside the App Store — and outside the reach of Apple's commission. While Apple didn't say to what extent this specific issue had impacted App Store revenue, it did remind investors that the matter will be heard by the Supreme Court for a final decision.
#store #billion
11 hours ago
WNBA star Brittney Griner has filed for divorce from her wife, Cherelle Griner, ending eight years of marriage, in Fulton County, Georgia, on Thursday, July 30. The two were married in 2018 but had been living separately since July 24, as per court documents obtained by People. The Connecticut Sun center was already out of the playing lineup due to her left knee injury.
Griner met her 33-year-old partner during her college days at Baylor University in Waco, Texas. They also share a two-year-old son, named Bash. The player is seeking joint custody for their son.
Griner was embroiled in controversy when she was detained in Russia in February 2022, after she was found in possession of vape cartridges with cannabis oil.
Griner's wife, who is an attorney, was her advocate in that case. The player was released on December 8 of the same year in a prison exchange for Viktor Bout.
Cherelle Griner and her WNBA partner were together during the most difficult period of their lives in 2022. After the Russian authorities detained her, she was sentenced to nine years in prison. When she returned home to her then-wife, Griner had a long recovery process, and Cherelle was there for her.
#griner #cherelle #player #detained
Griner met her 33-year-old partner during her college days at Baylor University in Waco, Texas. They also share a two-year-old son, named Bash. The player is seeking joint custody for their son.
Griner was embroiled in controversy when she was detained in Russia in February 2022, after she was found in possession of vape cartridges with cannabis oil.
Griner's wife, who is an attorney, was her advocate in that case. The player was released on December 8 of the same year in a prison exchange for Viktor Bout.
Cherelle Griner and her WNBA partner were together during the most difficult period of their lives in 2022. After the Russian authorities detained her, she was sentenced to nine years in prison. When she returned home to her then-wife, Griner had a long recovery process, and Cherelle was there for her.
#griner #cherelle #player #detained
12 hours ago
Former UFC ****** le challenger Anthony Smith was arrested Monday in Nebraska and charged with three felonies.
While Smith has not spoken publicly since then, his manager, Brian Butler of SuckerPunch Entertainment, shared a pair of statements Friday, asking the public to withhold judgment at this time.
One such statement was from himself. The other was from Smith's wife, the alleged victim in the case, according to the Sarpy County (Neb.) attorney's office.
"We are aware of the reports concerning Anthony Smith's recent arrest," Butler wrote in a statement shared with MMA Junkie that was also posted on his Instagram. "At this time, it would be inappropriate to comment on the allegations or speculate regarding facts that have yet to be fully established. Like every individual, Anthony is entitled to the presumption of innocence and the due process protections afforded under our justice system. We respectfully ask that people avoid rushing to judgment based solely on initial reports, as they often do not reflect the complete facts or context.
"Our thoughts are with Anthony and his family as they navigate this difficult and deeply personal matter. We ask that their privacy be respected while the legal process runs its course. Out of respect for the ongoing proceedings, we will have no further comment at this time."
#shared #statement
While Smith has not spoken publicly since then, his manager, Brian Butler of SuckerPunch Entertainment, shared a pair of statements Friday, asking the public to withhold judgment at this time.
One such statement was from himself. The other was from Smith's wife, the alleged victim in the case, according to the Sarpy County (Neb.) attorney's office.
"We are aware of the reports concerning Anthony Smith's recent arrest," Butler wrote in a statement shared with MMA Junkie that was also posted on his Instagram. "At this time, it would be inappropriate to comment on the allegations or speculate regarding facts that have yet to be fully established. Like every individual, Anthony is entitled to the presumption of innocence and the due process protections afforded under our justice system. We respectfully ask that people avoid rushing to judgment based solely on initial reports, as they often do not reflect the complete facts or context.
"Our thoughts are with Anthony and his family as they navigate this difficult and deeply personal matter. We ask that their privacy be respected while the legal process runs its course. Out of respect for the ongoing proceedings, we will have no further comment at this time."
#shared #statement
12 hours ago
As the Chicago Bulls approach the fall with an open roster spot, they've been linked to LA Clippers restricted free agent guard Bennedict Mathurin. The Bulls' reported interest in Mathurin, though, has been overstated, according to a league source who was granted anonymity to describe ongoing deliberations.
New York Times
Marc Stein: The Pelicans and Bulls remain engaged suitors for Clippers RFA Bennedict Mathurin, says one source close to the process. The source adds: "Dallas has not expressed interest at a serious level" thus far. MikeAScotto reported today that Milwaukee has joined the Mathurin chase. — 7/31/2026 x.com
While the Los Angeles Clippers remain interested in re-signing restricted free agent Bennedict Mathurin, the New Orleans Pelicans, Chicago Bulls, Milwaukee Bucks, and Dallas Mavericks have expressed sign-and-trade interest in the 24-year-old swingman, league sources told HoopsHype. With that said, there's work to be done by each team if they're going to add Mathurin. — 7/31/2026 HoopsHype
#dallas
New York Times
Marc Stein: The Pelicans and Bulls remain engaged suitors for Clippers RFA Bennedict Mathurin, says one source close to the process. The source adds: "Dallas has not expressed interest at a serious level" thus far. MikeAScotto reported today that Milwaukee has joined the Mathurin chase. — 7/31/2026 x.com
While the Los Angeles Clippers remain interested in re-signing restricted free agent Bennedict Mathurin, the New Orleans Pelicans, Chicago Bulls, Milwaukee Bucks, and Dallas Mavericks have expressed sign-and-trade interest in the 24-year-old swingman, league sources told HoopsHype. With that said, there's work to be done by each team if they're going to add Mathurin. — 7/31/2026 HoopsHype
#dallas
12 hours ago
Mike Elias has made his first move ahead of the trade deadline. The Orioles are trading Dean Kremer to the Twins. The Athletic's Ken Rosenthal broke the news of the trade. Another reporter at The Athletic, Dan Hayes, wrote that the return for the Orioles is 18-year-old outfield prospect Jhomnardo Reyes.
Selling off a player right after a dramatic win kind of sucks. The Orioles are one and a half games out of a dang wild card spot and this is how Elias responds. Not only is the first move a sell, it's selling to one of the teams that is ahead of the Orioles in the wild card standings. That's the immediate reaction.
On the other hand, Kremer has a 6.50 ERA across his seven starts this year. He is giving up home runs like they are going out of style. He's been consistent across the past three seasons before that, posting ERAs of 4.12, 4.10, and 4.19. If he finishes the season with that kind of ERA, the Orioles may end up regretting the immediate aftermath of this trade. If he doesn't, then Elias has moved on from a pitcher at a good time and done well to get a player in the process.
This is a subtraction not just from the rotation for the rest of this season but for next season as well. Kremer has one season remaining before becoming a free agent. He's making $5.75 million this year and figures to get at least a modest increase on that next year. That's not even a third of what Chris Bassitt is making this season. Bassitt has started his rehab ******* ignment; he's probably the rest-of-season replacement for Kremer in the rotation, although that may take a start or two before he's built back up and can take that spot. It won't be good if Bassitt pitches like pre-back surgery Bassitt.
Reyes is an 18-year-old from the Dominican Republic who signed with the Twins for a bonus of $322,500 in January 2025. He made his US minor league debut this season with the Florida Complex League Twins affiliate and came away with a pretty darn good .296/.406/.541 batting line in 49 games, including seven home runs. He has since played in a small handful of games for Low-A Fort Myers. Presumably, the Orioles will ******* ign him to their affiliate at that level, Delmarva.
#orioles #bassitt #elias #good
Selling off a player right after a dramatic win kind of sucks. The Orioles are one and a half games out of a dang wild card spot and this is how Elias responds. Not only is the first move a sell, it's selling to one of the teams that is ahead of the Orioles in the wild card standings. That's the immediate reaction.
On the other hand, Kremer has a 6.50 ERA across his seven starts this year. He is giving up home runs like they are going out of style. He's been consistent across the past three seasons before that, posting ERAs of 4.12, 4.10, and 4.19. If he finishes the season with that kind of ERA, the Orioles may end up regretting the immediate aftermath of this trade. If he doesn't, then Elias has moved on from a pitcher at a good time and done well to get a player in the process.
This is a subtraction not just from the rotation for the rest of this season but for next season as well. Kremer has one season remaining before becoming a free agent. He's making $5.75 million this year and figures to get at least a modest increase on that next year. That's not even a third of what Chris Bassitt is making this season. Bassitt has started his rehab ******* ignment; he's probably the rest-of-season replacement for Kremer in the rotation, although that may take a start or two before he's built back up and can take that spot. It won't be good if Bassitt pitches like pre-back surgery Bassitt.
Reyes is an 18-year-old from the Dominican Republic who signed with the Twins for a bonus of $322,500 in January 2025. He made his US minor league debut this season with the Florida Complex League Twins affiliate and came away with a pretty darn good .296/.406/.541 batting line in 49 games, including seven home runs. He has since played in a small handful of games for Low-A Fort Myers. Presumably, the Orioles will ******* ign him to their affiliate at that level, Delmarva.
#orioles #bassitt #elias #good
12 hours ago
Over the last several months, as Los Angeles Lakers star guard Austin Reaves neared his opportunity to opt out of his contract and cash in on a lucrative new one, many expected him to stay put. He eventually did by agreeing to a four-year, $185 million deal, but the process didn't come without anxiety.
He admitted that there was a point in the negotiations when he doubted he would end up staying with the Lakers. Indeed, the Detroit Pistons were one team that was "coming aggressively" for Reaves in free agency, according to Shams Charania of ESPN. Detroit finished first in the Eastern Conference last season but needed a little more star power and another legitimate scoring threat in its halfcourt game.
Vincent Goodwill of ESPN reported on "NBA Today" that Pistons superstar Cade Cunningham tried to recruit Reaves to the Motor City.
"Banking on internal improvement has been the thought going back from last summer when they didn't make a big move going into the season," Goodwill said. "They want to see how Jalen Duren and Ausar Thompson and Ron Holland would play together and it led to 60 wins. Now you're thinking Detroit was going to go make a big move this past offseason. Cade Cunningham was very involved in the potential recruitment of Austin Reaves. Austin Reaves re-signed with the Lakers. Kevin Durant, Kawhi Leonard, Kyrie Irving -- those were all names the Pistons were interested in. No moves materialized and now they're going to bank on the restricted free agent of Jalen Duren and Ausar Thompson's extension."
The Pistons have made some incremental moves this summer, including bringing in veteran forwards John Collins, Tobias Harris and Taurean Prince and guard Isaiah Joe. But they have largely been left behind in the arms race that has taken place throughout the Eastern Conference over the past several weeks.
#going #last #eastern
He admitted that there was a point in the negotiations when he doubted he would end up staying with the Lakers. Indeed, the Detroit Pistons were one team that was "coming aggressively" for Reaves in free agency, according to Shams Charania of ESPN. Detroit finished first in the Eastern Conference last season but needed a little more star power and another legitimate scoring threat in its halfcourt game.
Vincent Goodwill of ESPN reported on "NBA Today" that Pistons superstar Cade Cunningham tried to recruit Reaves to the Motor City.
"Banking on internal improvement has been the thought going back from last summer when they didn't make a big move going into the season," Goodwill said. "They want to see how Jalen Duren and Ausar Thompson and Ron Holland would play together and it led to 60 wins. Now you're thinking Detroit was going to go make a big move this past offseason. Cade Cunningham was very involved in the potential recruitment of Austin Reaves. Austin Reaves re-signed with the Lakers. Kevin Durant, Kawhi Leonard, Kyrie Irving -- those were all names the Pistons were interested in. No moves materialized and now they're going to bank on the restricted free agent of Jalen Duren and Ausar Thompson's extension."
The Pistons have made some incremental moves this summer, including bringing in veteran forwards John Collins, Tobias Harris and Taurean Prince and guard Isaiah Joe. But they have largely been left behind in the arms race that has taken place throughout the Eastern Conference over the past several weeks.
#going #last #eastern
13 hours ago
Just two days after the start of fall camp, one of New Mexico State's key ***** istants is no longer with the program.
NMSU ***** istant head coach, general manager and running backs coach David Cobb was fired after a university review, a program spokesperson told the Journal on Friday.
Cobb, 33, had served in a variety of roles on NMSU's staff since 2023. Considered one of the Aggies' most valuable staffers, he was promoted to ***** istant head coach and general manager in January 2025.
It is unclear why the university fired Cobb.
"Before the start of football camp, David Cobb was placed on administrative leave," an NMSU spokesman said in a statement to the Journal. "Following the university's review process, coach Cobb was separated from the program and the university.
#coach #program
NMSU ***** istant head coach, general manager and running backs coach David Cobb was fired after a university review, a program spokesperson told the Journal on Friday.
Cobb, 33, had served in a variety of roles on NMSU's staff since 2023. Considered one of the Aggies' most valuable staffers, he was promoted to ***** istant head coach and general manager in January 2025.
It is unclear why the university fired Cobb.
"Before the start of football camp, David Cobb was placed on administrative leave," an NMSU spokesman said in a statement to the Journal. "Following the university's review process, coach Cobb was separated from the program and the university.
#coach #program
14 hours ago
North Carolina isn't saying much about UNC football G.M. Michael Lombardi, who has been placed on paid administrative leave. Lombardi had something to say on Friday night, via his attorney.
"Michael hasn't been told anything about the nature of UNC's investigation and welcomes the opportunity to clear his name, which has already been sullied by baseless statements and innuendo on social media," lawyer Tom Mars said, via Pete Thamel of ESPN. "He is fully cooperating with UNC and expects the investigation will be swift, thorough, and fair. Michael would ask that people have the decency to let the process run its course before jumping to any conclusions about the nature of the investigation or whether there's any merit to whatever has been alleged."
North Carolina has said that it is investigating "allegations" regarding Lombardi. Thamel reported on Monday that the situation "stems from a human resources complaint filed by a former UNC front office employee."
It's not unusual for the subject of an investigation to know nothing in the early stages. In many cases, the employer speaks to the person against whom accusations are made as the last step, after all other relevant information is gathered. When UNC interviews Lombardi, he'll get an idea pretty quickly as to what it's about.
For now, he's still getting paid. He's just not working. Whether he returns depends on the outcome of the investigation.
#carolina #whether #paid
"Michael hasn't been told anything about the nature of UNC's investigation and welcomes the opportunity to clear his name, which has already been sullied by baseless statements and innuendo on social media," lawyer Tom Mars said, via Pete Thamel of ESPN. "He is fully cooperating with UNC and expects the investigation will be swift, thorough, and fair. Michael would ask that people have the decency to let the process run its course before jumping to any conclusions about the nature of the investigation or whether there's any merit to whatever has been alleged."
North Carolina has said that it is investigating "allegations" regarding Lombardi. Thamel reported on Monday that the situation "stems from a human resources complaint filed by a former UNC front office employee."
It's not unusual for the subject of an investigation to know nothing in the early stages. In many cases, the employer speaks to the person against whom accusations are made as the last step, after all other relevant information is gathered. When UNC interviews Lombardi, he'll get an idea pretty quickly as to what it's about.
For now, he's still getting paid. He's just not working. Whether he returns depends on the outcome of the investigation.
#carolina #whether #paid
14 hours ago
Georgia has not been involved in many eye-catching recruiting headlines this cycle, but it is on pace to sign another rock-solid group of prospects this winter.
The Bulldogs won't be in the mix for a top-five finish this time around, but they do have the No. 14 class in the Rivals Industry Team Recruiting Rankings, as of July 31. UGA has 20 total commits in its class, including a pair of five-stars and eight more blue-chippers.
Head coach Kirby Smart and Co. won out for the nation's No. 1 running back in February. McKeesport (Pa.) Five-Star Plus+ RB Kemon Spell backed off his first commitment to Penn State last fall, worked through his process and eventually chose Georgia after an impactful trip to Athens.
$19.99 gets you a FULL year of On3 | Rivals national coverage
He remains the top-ranked burner in the cycle and figures to be an instant-impact back for the SEC program in 2027. Denver (N.C.) East Lincoln tight end Jaxon Dollar is the other five-star in the mix thus far.
#recruiting #cycle
The Bulldogs won't be in the mix for a top-five finish this time around, but they do have the No. 14 class in the Rivals Industry Team Recruiting Rankings, as of July 31. UGA has 20 total commits in its class, including a pair of five-stars and eight more blue-chippers.
Head coach Kirby Smart and Co. won out for the nation's No. 1 running back in February. McKeesport (Pa.) Five-Star Plus+ RB Kemon Spell backed off his first commitment to Penn State last fall, worked through his process and eventually chose Georgia after an impactful trip to Athens.
$19.99 gets you a FULL year of On3 | Rivals national coverage
He remains the top-ranked burner in the cycle and figures to be an instant-impact back for the SEC program in 2027. Denver (N.C.) East Lincoln tight end Jaxon Dollar is the other five-star in the mix thus far.
#recruiting #cycle
15 hours ago
Michigan basketball continues to round out its coaching staff, this time with an outside-the-college-game hire.
The Wolverines are set to add Dylan Murphy, who most recently was coach of the Osceola Magic of the NBA G League, as an **** istant coach, a person with knowledge of the move confirmed to the Detroit Free Press.
Before Murphy was coach in Osceola for the past three seasons, he was an **** istant with the Orlando Magic (2020-23) for three years and served as the team's basketball operations **** yst from 2018-20. Murphy, who led the team to two first-place finishes in the Eastern Conference in three seasons, was also named the G League coach of the month in March 2025.
MARK YOUR CALENDARS: Michigan basketball set to add Louisville to 2026-27 schedule
"It's a work in progress," Michigan coach Mike Boynton Jr. said of rounding out the staff earlier in the week. "There's a process here that we have to go through. We're following that process now, but I feel very confident that we're going to be able to put together some really [good] experience from a wide variety of backgrounds that could bring different things to the table."
#Basketball #Magic #we 're #staff
The Wolverines are set to add Dylan Murphy, who most recently was coach of the Osceola Magic of the NBA G League, as an **** istant coach, a person with knowledge of the move confirmed to the Detroit Free Press.
Before Murphy was coach in Osceola for the past three seasons, he was an **** istant with the Orlando Magic (2020-23) for three years and served as the team's basketball operations **** yst from 2018-20. Murphy, who led the team to two first-place finishes in the Eastern Conference in three seasons, was also named the G League coach of the month in March 2025.
MARK YOUR CALENDARS: Michigan basketball set to add Louisville to 2026-27 schedule
"It's a work in progress," Michigan coach Mike Boynton Jr. said of rounding out the staff earlier in the week. "There's a process here that we have to go through. We're following that process now, but I feel very confident that we're going to be able to put together some really [good] experience from a wide variety of backgrounds that could bring different things to the table."
#Basketball #Magic #we 're #staff
15 hours ago
Michigan basketball continues to round out its coaching staff, this time with an outside-the-college-game hire.
The Wolverines are set to add Dylan Murphy, who most recently was coach of the Osceola Magic of the NBA G League, as an ***** istant coach, a person with knowledge of the move confirmed to the Detroit Free Press.
Before Murphy was coach in Osceola for the past three seasons, he was an ***** istant with the Orlando Magic (2020-23) for three years and served as the team's basketball operations ***** yst from 2018-20. Murphy, who led the team to two first-place finishes in the Eastern Conference in three seasons, was also named the G League coach of the month in March 2025.
MARK YOUR CALENDARS: Michigan basketball set to add Louisville to 2026-27 schedule
"It's a work in progress," Michigan coach Mike Boynton Jr. said of rounding out the staff earlier in the week. "There's a process here that we have to go through. We're following that process now, but I feel very confident that we're going to be able to put together some really [good] experience from a wide variety of backgrounds that could bring different things to the table."
#Basketball #league #we 're
The Wolverines are set to add Dylan Murphy, who most recently was coach of the Osceola Magic of the NBA G League, as an ***** istant coach, a person with knowledge of the move confirmed to the Detroit Free Press.
Before Murphy was coach in Osceola for the past three seasons, he was an ***** istant with the Orlando Magic (2020-23) for three years and served as the team's basketball operations ***** yst from 2018-20. Murphy, who led the team to two first-place finishes in the Eastern Conference in three seasons, was also named the G League coach of the month in March 2025.
MARK YOUR CALENDARS: Michigan basketball set to add Louisville to 2026-27 schedule
"It's a work in progress," Michigan coach Mike Boynton Jr. said of rounding out the staff earlier in the week. "There's a process here that we have to go through. We're following that process now, but I feel very confident that we're going to be able to put together some really [good] experience from a wide variety of backgrounds that could bring different things to the table."
#Basketball #league #we 're
15 hours ago
Former Missouri forward Mark Mitchell plans to enter the NCAA Transfer Portal, On3's Joe Tipton confirms. He went through the NBA Draft process this summer after exhausting his eligibility, however the NCAA's five-for-five rule and a preliminary injunction for the 2022 recruiting class have paved a path back to college basketball.
The 6-foot-9 forward was one of the top recruits in the 2022 class, ranked No. 23 nationally as part of Duke's talented recruiting class. After two seasons, he transferred closer to home, landing at Missouri.
He went on to become a two-time All-SEC selection for the Tigers. In the 2025-26 season, Mitchell averaged 18.3 points and 5.2 rebounds, shooting 38.8-percent from the three-point line and 54.7-percent from the field.
In total across four seasons, the 22-year old has averaged 13.2 points and 5.1 rebounds. He immediately becomes one of the top available players on the market as teams scramble to fill out their roster with a new pool of talent added back into the mix.
#mitchell #back #seasons #averaged
The 6-foot-9 forward was one of the top recruits in the 2022 class, ranked No. 23 nationally as part of Duke's talented recruiting class. After two seasons, he transferred closer to home, landing at Missouri.
He went on to become a two-time All-SEC selection for the Tigers. In the 2025-26 season, Mitchell averaged 18.3 points and 5.2 rebounds, shooting 38.8-percent from the three-point line and 54.7-percent from the field.
In total across four seasons, the 22-year old has averaged 13.2 points and 5.1 rebounds. He immediately becomes one of the top available players on the market as teams scramble to fill out their roster with a new pool of talent added back into the mix.
#mitchell #back #seasons #averaged
16 hours ago
China's breakthrough in domestic chipmaking equipment sparked a major semiconductor sell-off, dragging down Advanced Micro Devices, Inc. (NASDAQ:AMD) despite strong fundamentals.
An announcement from a manufacturing facility in Shanghai on July 27, 2026, caused a severe summer downturn for the AI semiconductor market. State-supported Shanghai Aishengna reported the production of homegrown immersion deep ultraviolet (DUV) lithography systems for domestic fabrication facilities. It marks the first viable domestic substitute for technology ASML (NASDAQ:ASML) has exclusively controlled for twenty years, leading to an 8% decline in ASML's shares. But the loss did not stop here.
Advanced Micro Devices, Inc. (NASDAQ:AMD) fell over 8%, recording the steepest decline among its peers. The fall comes despite the core business metrics remaining steady. Merely a few months ago, the company reported a strong first-quarter performance, with earnings per share reaching $1.37, beating the consensus estimate of $1.29, and total revenue touching $10.25 billion against the forecasted $9.89 billion. Data-center revenue alone saw 57% year-over-year growth, reaching $5.8 billion. The 8% decline does not reflect a flaw in any of these fundamentals, because there were none.
Immersion DUV technology processes mature nodes. On the other hand, AMD's MI300 series and upcoming MI400/MI455X accelerators rely on TSMC's cutting-edge extreme ultraviolet (EUV) lithography. The related technology is exclusively supplied by ASML and goes beyond the current Chinese capabilities. Shanghai Aishengna's DUV equipment cannot produce these advanced accelerators. As such, their technology affects neither TSMC's supply chain nor AMD's pricing power. Additionally, Aishengna aims for just five units in 2026 compared to ASML's 130 in the same year. With EUV remaining inaccessible to domestic producers, investors' reaction is impulsive rather than based on an evaluation of the underlying technical reality.
The numbers remain solid even after the decline. Post-drop, Advanced Micro Devices, Inc. (NASDAQ:AMD) is trading near a forward P/E of 60 – approximately two times the industry median of 30x. Its EV/EBITDA is in the upper 80s, and its PEG is above 1.2 as compared to Nvidia at 0.5. Alongside these figures, AMD retains its position as the more expensive, lower-margin, second-place vendor. When valuation multiples carry the weight of a stock's worth, a sudden market shock will hit the stocks with the smallest safety margins the hardest. The fault is not with the company, but the elevated purchase price already set by investors.
#domestic #billion
An announcement from a manufacturing facility in Shanghai on July 27, 2026, caused a severe summer downturn for the AI semiconductor market. State-supported Shanghai Aishengna reported the production of homegrown immersion deep ultraviolet (DUV) lithography systems for domestic fabrication facilities. It marks the first viable domestic substitute for technology ASML (NASDAQ:ASML) has exclusively controlled for twenty years, leading to an 8% decline in ASML's shares. But the loss did not stop here.
Advanced Micro Devices, Inc. (NASDAQ:AMD) fell over 8%, recording the steepest decline among its peers. The fall comes despite the core business metrics remaining steady. Merely a few months ago, the company reported a strong first-quarter performance, with earnings per share reaching $1.37, beating the consensus estimate of $1.29, and total revenue touching $10.25 billion against the forecasted $9.89 billion. Data-center revenue alone saw 57% year-over-year growth, reaching $5.8 billion. The 8% decline does not reflect a flaw in any of these fundamentals, because there were none.
Immersion DUV technology processes mature nodes. On the other hand, AMD's MI300 series and upcoming MI400/MI455X accelerators rely on TSMC's cutting-edge extreme ultraviolet (EUV) lithography. The related technology is exclusively supplied by ASML and goes beyond the current Chinese capabilities. Shanghai Aishengna's DUV equipment cannot produce these advanced accelerators. As such, their technology affects neither TSMC's supply chain nor AMD's pricing power. Additionally, Aishengna aims for just five units in 2026 compared to ASML's 130 in the same year. With EUV remaining inaccessible to domestic producers, investors' reaction is impulsive rather than based on an evaluation of the underlying technical reality.
The numbers remain solid even after the decline. Post-drop, Advanced Micro Devices, Inc. (NASDAQ:AMD) is trading near a forward P/E of 60 – approximately two times the industry median of 30x. Its EV/EBITDA is in the upper 80s, and its PEG is above 1.2 as compared to Nvidia at 0.5. Alongside these figures, AMD retains its position as the more expensive, lower-margin, second-place vendor. When valuation multiples carry the weight of a stock's worth, a sudden market shock will hit the stocks with the smallest safety margins the hardest. The fault is not with the company, but the elevated purchase price already set by investors.
#domestic #billion
16 hours ago
Intel (INTC) is a semiconductor company operating as one of the world's largest chip designers and manufacturers. Founded in 1968 and based in Santa Clara, California, Intel has restructured around three core segments: Client Computing and Physical AI, which encompasses PC processors and edge AI chips; Data Center and AI (DCAI), delivering Xeon server CPUs and AI accelerators; and Intel Foundry, which manufactures chips for external customers using advanced process nodes including 18A and 14A.
INTC stock has delivered a more than 350% return over the past 12 months, with a 52-week range of $18.97 to $142.35. Shares have seen tremendous growth this year, with the stock climbing 151% year-to-date (YTD) and roughly 100% over the last six months. However, INTC stock is under some pressure in the near term as it has slipped more than 7% in the past five days and 33% over the past month.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ***** ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#santa
INTC stock has delivered a more than 350% return over the past 12 months, with a 52-week range of $18.97 to $142.35. Shares have seen tremendous growth this year, with the stock climbing 151% year-to-date (YTD) and roughly 100% over the last six months. However, INTC stock is under some pressure in the near term as it has slipped more than 7% in the past five days and 33% over the past month.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ***** ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#santa
17 hours ago
The proposed acquisition would provide processing capacity for multiple sand products as the company works toward launching commercial operations in Texas.
Black Dragon Resource Company (USOTC:BDGR) signed a letter of intent to acquire a sand processing plant in Texas.
The proposed plant has a processing capacity of 350 tonnes of sand per hour.
Management expects the acquisition would allow the plant to be relocated to the company's property and could support revenue generation within a few months if completed.
The facility is designed to process frac sand, commercial sand and silicon chip sand, according to the company.
#proposed
Black Dragon Resource Company (USOTC:BDGR) signed a letter of intent to acquire a sand processing plant in Texas.
The proposed plant has a processing capacity of 350 tonnes of sand per hour.
Management expects the acquisition would allow the plant to be relocated to the company's property and could support revenue generation within a few months if completed.
The facility is designed to process frac sand, commercial sand and silicon chip sand, according to the company.
#proposed
18 hours ago
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter.
CFOs and treasury professionals are looking for more transparency and visibility when it comes to their payment and treasury systems in an age where companies are increasingly required to conduct their business in real-time, with faster, more data-saturated systems.
For finance chiefs, incorporating new payment rails or solutions is a balancing act: On the one hand, they want to reduce manual work for their teams, which is increasingly a cause for friction, but on the other hand, "certainly, there's always concern about resiliency in their own systems," said Richard Dooley, VP of Product Commercialization at payments company The Clearing House.
"Less friction in their processes, whether it's the payment process, the liquidity visibility process, obviously their AP and AR processes, that's always a top-of-mind issue," Dooley told CFO Dive regarding how executives are considering innovation. "How do they get greater visibility into what they're doing, into what's happening?"
In Dooley's experience, when it comes to what treasurers want out of their payment rails, visibility is key, he said—more insight into the payment data can help companies identify when something is a timing problem, versus a problem of liquidity, for instance, he said.
#payment #dive #increasingly
CFOs and treasury professionals are looking for more transparency and visibility when it comes to their payment and treasury systems in an age where companies are increasingly required to conduct their business in real-time, with faster, more data-saturated systems.
For finance chiefs, incorporating new payment rails or solutions is a balancing act: On the one hand, they want to reduce manual work for their teams, which is increasingly a cause for friction, but on the other hand, "certainly, there's always concern about resiliency in their own systems," said Richard Dooley, VP of Product Commercialization at payments company The Clearing House.
"Less friction in their processes, whether it's the payment process, the liquidity visibility process, obviously their AP and AR processes, that's always a top-of-mind issue," Dooley told CFO Dive regarding how executives are considering innovation. "How do they get greater visibility into what they're doing, into what's happening?"
In Dooley's experience, when it comes to what treasurers want out of their payment rails, visibility is key, he said—more insight into the payment data can help companies identify when something is a timing problem, versus a problem of liquidity, for instance, he said.
#payment #dive #increasingly
18 hours ago
Union Pacific Corporation (NYSE:UNP)'s Big Boy 4014, the world's largest operating steam locomotive, has been touring the country this summer, and grown adults keep tearing up when they see it. CEO Jim Vena said the tour east of the Mississippi wouldn't have been possible without one thing: the railroad operating firm's pending merger with Norfolk Southern, since Union Pacific's own tracks run west of the river. In part, the nostalgia tour is a goodwill campaign for the biggest deal in the company's history.
On the business itself, Union Pacific Corporation (NYSE:UNP) reported a strong quarter. Revenue rose 12% to $6.86 billion, beating the $6.71 billion expected, and adjusted earnings came in at $3.41 a share versus $3.24 expected. The company raised its full-year guidance to high-single-digit earnings growth, up from mid-single digits. The stock rose about 2% in premarket trading. Costs rose too; operating expenses climbed 13% to $4.1 billion, mostly from a 63% jump in fuel costs linked to the Iran war.
Union Pacific Corporation (NYSE:UNP) is trying to buy Norfolk Southern in a deal now valued around $71.5 billion, down from an earlier $85 billion price tag as terms have moved with Union Pacific's stock. It would create the first coast-to-coast U.S. railroad. The day before earnings, Union Pacific settled with Canadian National Railway, a major opponent that had been pushing regulators to demand more information. CN will drop its opposition in exchange for expanded Midwest access and a stake in two jointly owned terminal railroads. Vena called it proof the firm is "ready to move forward in the regulatory process." The deal still isn't approved, though. The Surface Transportation Board (STB) paused its review in May and just this week ordered Union Pacific to make employee-impact data public. Rivals BNSF and Canadian Pacific Kansas City are still lobbying against it, and some shippers and state attorneys general remain opposed. The companies still expect to close the deal in the first half of 2027.
That raises a real question. Is this merger clearing its last real hurdles, or did the CN settlement just remove one opponent out of several?
The core business (Union Pacific's actual railroad operations) is performing well on its own, guidance beat and rose, and pricing power held up despite surging fuel costs. The CN settlement removes a credible opponent and comes with political tailwinds too: Trump has publicly backed the merger and replaced a regulator who could have opposed it. Union Pacific Corporation (NYSE:UNP) and Norfolk Southern say the deal would save shippers $3.5 billion a year and remove 2.1 million trucks from the road. Wall Street responded fast: Baird, RBC, and JPMorgan all raised price targets this week, with RBC citing the CN deal directly as strengthening the merger's case.
#union #deal
On the business itself, Union Pacific Corporation (NYSE:UNP) reported a strong quarter. Revenue rose 12% to $6.86 billion, beating the $6.71 billion expected, and adjusted earnings came in at $3.41 a share versus $3.24 expected. The company raised its full-year guidance to high-single-digit earnings growth, up from mid-single digits. The stock rose about 2% in premarket trading. Costs rose too; operating expenses climbed 13% to $4.1 billion, mostly from a 63% jump in fuel costs linked to the Iran war.
Union Pacific Corporation (NYSE:UNP) is trying to buy Norfolk Southern in a deal now valued around $71.5 billion, down from an earlier $85 billion price tag as terms have moved with Union Pacific's stock. It would create the first coast-to-coast U.S. railroad. The day before earnings, Union Pacific settled with Canadian National Railway, a major opponent that had been pushing regulators to demand more information. CN will drop its opposition in exchange for expanded Midwest access and a stake in two jointly owned terminal railroads. Vena called it proof the firm is "ready to move forward in the regulatory process." The deal still isn't approved, though. The Surface Transportation Board (STB) paused its review in May and just this week ordered Union Pacific to make employee-impact data public. Rivals BNSF and Canadian Pacific Kansas City are still lobbying against it, and some shippers and state attorneys general remain opposed. The companies still expect to close the deal in the first half of 2027.
That raises a real question. Is this merger clearing its last real hurdles, or did the CN settlement just remove one opponent out of several?
The core business (Union Pacific's actual railroad operations) is performing well on its own, guidance beat and rose, and pricing power held up despite surging fuel costs. The CN settlement removes a credible opponent and comes with political tailwinds too: Trump has publicly backed the merger and replaced a regulator who could have opposed it. Union Pacific Corporation (NYSE:UNP) and Norfolk Southern say the deal would save shippers $3.5 billion a year and remove 2.1 million trucks from the road. Wall Street responded fast: Baird, RBC, and JPMorgan all raised price targets this week, with RBC citing the CN deal directly as strengthening the merger's case.
#union #deal
18 hours ago
Honeywell Technologies (NASDAQ:HON) used to be one giant company that made everything from thermostats to jet engines. Not anymore. Over the past year, it split into three separate public companies: Solstice Advanced Materials, spun off last October; Honeywell Aerospace, spun off just last month; and Honeywell Technologies, the automation business that's left, which is what CEO Vimal Kapur now runs. This week's earnings report was the first one for Honeywell Technologies as its own standalone firm, and the stock jumped more than 5% on the news.
Since the aerospace spinoff only finished right at the end of the quarter, this report still includes some of Honeywell Aerospace's results mixed in, which makes straight comparisons tricky. Total revenue, including that leftover aerospace piece, came in at $9.72 billion, up 4% from a year ago and beating the roughly $9.5 billion **** ysts expected. Strip aerospace back out, and revenue for just the automation business was $5.19 billion, up 3%, beating the $5.02 billion Wall Street had modeled specifically for the smaller, standalone company.
On profit, adjusted earnings per share, including the leftover aerospace results came in at $4.52, actually down 4% from $4.72 a year earlier. On a standalone basis without aerospace, adjusted earnings were $1.95 a share, up 10% from $1.77 a year ago and beating the $1.82 **** ysts expected for the new, smaller Honeywell Technologies. There was also a one-time boost: net profit under standard accounting rules hit $5.68 billion, largely because of a $6.63 billion one-time accounting gain tied to deconsolidating Quantinuum, Honeywell's quantum computing venture, a separate transaction from the aerospace spin-off, not from the actual operating business doing better.
That raises a real question. Is this a genuinely strong first quarter as a standalone firm, or does the messy, one-time nature of a spinoff quarter make it hard to tell what Honeywell Technologies (NASDAQ:HON) actually looks like going forward?
All three of Honeywell's remaining automation segments grew organically, and orders for the standalone business overall grew 16%, with backlog reaching about $20 billion. Building Automation was the standout, with organic sales up 9% and orders up 13%, driven by strong demand from data centers and hotels. Industrial Automation grew sales 4% organically on strong demand for sensing and measurement equipment. Process Automation, the one segment with sales down slightly this quarter, actually saw orders surge 24%, with Middle East orders alone up more than 50% on refurbishment projects, and management expects a "sharp inflection" in that segment's growth starting in the third quarter. Kapur said the results reflect a "year-plus long process to simplify our business," and that the benefits are already showing up.
#automation #technologies #year #business
Since the aerospace spinoff only finished right at the end of the quarter, this report still includes some of Honeywell Aerospace's results mixed in, which makes straight comparisons tricky. Total revenue, including that leftover aerospace piece, came in at $9.72 billion, up 4% from a year ago and beating the roughly $9.5 billion **** ysts expected. Strip aerospace back out, and revenue for just the automation business was $5.19 billion, up 3%, beating the $5.02 billion Wall Street had modeled specifically for the smaller, standalone company.
On profit, adjusted earnings per share, including the leftover aerospace results came in at $4.52, actually down 4% from $4.72 a year earlier. On a standalone basis without aerospace, adjusted earnings were $1.95 a share, up 10% from $1.77 a year ago and beating the $1.82 **** ysts expected for the new, smaller Honeywell Technologies. There was also a one-time boost: net profit under standard accounting rules hit $5.68 billion, largely because of a $6.63 billion one-time accounting gain tied to deconsolidating Quantinuum, Honeywell's quantum computing venture, a separate transaction from the aerospace spin-off, not from the actual operating business doing better.
That raises a real question. Is this a genuinely strong first quarter as a standalone firm, or does the messy, one-time nature of a spinoff quarter make it hard to tell what Honeywell Technologies (NASDAQ:HON) actually looks like going forward?
All three of Honeywell's remaining automation segments grew organically, and orders for the standalone business overall grew 16%, with backlog reaching about $20 billion. Building Automation was the standout, with organic sales up 9% and orders up 13%, driven by strong demand from data centers and hotels. Industrial Automation grew sales 4% organically on strong demand for sensing and measurement equipment. Process Automation, the one segment with sales down slightly this quarter, actually saw orders surge 24%, with Middle East orders alone up more than 50% on refurbishment projects, and management expects a "sharp inflection" in that segment's growth starting in the third quarter. Kapur said the results reflect a "year-plus long process to simplify our business," and that the benefits are already showing up.
#automation #technologies #year #business
18 hours ago
Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the Focus Plus Composite (Net) returned 10.5%, and the All-Cap Composite (Net) returned 9.0%. The firm reported strong compounding across its strategies in Q2 2026. Management highlighted that their exceptional holdings remain deeply undervalued relative to "what is working" in the market, viewing this as an excellent opportunity for patient investors. In addition, please check the Firm's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Vulcan Value Partners highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On July 29, 2026, SAP SE (NYSE:SAP) closed at $185.99 per share, reflecting a market capitalization of $214.67 billion. SAP SE (NYSE:SAP) posted a one-month return of 14.39%, while its shares lost 35.13% over the past 52 weeks.
Vulcan Value Partners stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor update:
"SAP SE (NYSE:SAP) is the global leader in enterprise resource planning (ERP) software, which serves as the operating system for many of the world's largest companies. SAP's ERP solutions often have decades of embedded data, business processes, and software customizations. It is extremely rare for companies to switch ERP vendors due to the cost, time, and disruption risk that switching creates. SAP's Q1 results were very strong, with total revenue up 12% and EBIT up 16%. Cloud revenue grew 27% and their cloud backlog grew 25%. They also repurchased €2.6B of stock in the quarter and maintained full-year guidance. Our value continues to grow and we believe its shares remain significantly discounted. We took advantage of stock price volatility to add to our position in SAP during the quarter."
SAP SE (NYSE:SAP) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge fund portfolios held SAP SE (NYSE:SAP) at the end of the first quarter, compared to 36 in the previous quarter. While we acknowledge the potential of SAP SE (NYSE:SAP) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#letter
In its Q2 2026 investor letter, Vulcan Value Partners highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On July 29, 2026, SAP SE (NYSE:SAP) closed at $185.99 per share, reflecting a market capitalization of $214.67 billion. SAP SE (NYSE:SAP) posted a one-month return of 14.39%, while its shares lost 35.13% over the past 52 weeks.
Vulcan Value Partners stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor update:
"SAP SE (NYSE:SAP) is the global leader in enterprise resource planning (ERP) software, which serves as the operating system for many of the world's largest companies. SAP's ERP solutions often have decades of embedded data, business processes, and software customizations. It is extremely rare for companies to switch ERP vendors due to the cost, time, and disruption risk that switching creates. SAP's Q1 results were very strong, with total revenue up 12% and EBIT up 16%. Cloud revenue grew 27% and their cloud backlog grew 25%. They also repurchased €2.6B of stock in the quarter and maintained full-year guidance. Our value continues to grow and we believe its shares remain significantly discounted. We took advantage of stock price volatility to add to our position in SAP during the quarter."
SAP SE (NYSE:SAP) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge fund portfolios held SAP SE (NYSE:SAP) at the end of the first quarter, compared to 36 in the previous quarter. While we acknowledge the potential of SAP SE (NYSE:SAP) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#letter
18 hours ago
Valued at a market cap of $923.7 billion, JPMorgan Chase & Co. (JPM) is one of the world's leading financial services firms, with a strong global presence across investment banking, consumer and commercial banking, financial transaction processing, and ******* et management. As of June 30, 2026, the company reported $5.0 trillion in ******* ets and $375 billion in stockholders' equity, serving millions of customers and many of the world's leading corporate, institutional, and government clients under the J.P. Morgan and Chase brands.
Shares of the New York-based company have outpaced the broader market over the past 52 weeks. JPM stock has increased 15.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 14.8%. Moreover, shares of the company are up 7.5% on a YTD basis, compared to SPX's 6.9% gain.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#chase #market #billion
Shares of the New York-based company have outpaced the broader market over the past 52 weeks. JPM stock has increased 15.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 14.8%. Moreover, shares of the company are up 7.5% on a YTD basis, compared to SPX's 6.9% gain.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#chase #market #billion
20 hours ago
In terms of years for the Penn State staff, athletic director Pat Kraft has had a pretty rough one. Whether it be the decision to fire James Franklin and the subsequent fallout or overseeing renovations to Beaver Stadium, he hasn't had much time to breathe. However, fans will be happy to know that in new head coach Matt Campbell, he has found somebody he can trust.
"I think he is the absolute perfect person at the perfect time for Penn State football," Kraft said during Big Ten media days. The road to get him to Happy Valley wasn't necessarily easy, but the fact that Kraft is giving Campbell a vote of confidence after a highly rigorous coaching process is very telling. Not only did Kraft need someone who could usher in a new era of Penn State football, but he also needed someone willing to buy in and build a solid culture with a new-look squad.
Campbell got to work right away in doing so by bringing in a whopping 55 transfers. An even more impressive feat was retaining 55 players despite the change. While some may say that bringing in a lot of players may take time to gel, it's also a testament to what Campbell is already doing in Happy Valley to foster a sense of community.
"I believe that [Campbell] understands what it means to be, and the importance of the role of, the head football coach at Penn State, and he doesn't take that lightly," Kraft said. "I think he has built a culture in a very short time that our fans, our alumni, everybody will be very, very proud of. And they will be an incredibly competitive, tough, physical football team."The season ahead could be one filled with success for the Nittany Lions, if they play their cards right. It could also be one that tests a lot of fans' patience if it goes wrong. Still, when your AD is this effusive about his new head coach, there is every right for fans to have a sense of optimism before the season starts.
Follow Nittany Lions Wire on X and Facebook.
#kraft #campbell #Football #happy
"I think he is the absolute perfect person at the perfect time for Penn State football," Kraft said during Big Ten media days. The road to get him to Happy Valley wasn't necessarily easy, but the fact that Kraft is giving Campbell a vote of confidence after a highly rigorous coaching process is very telling. Not only did Kraft need someone who could usher in a new era of Penn State football, but he also needed someone willing to buy in and build a solid culture with a new-look squad.
Campbell got to work right away in doing so by bringing in a whopping 55 transfers. An even more impressive feat was retaining 55 players despite the change. While some may say that bringing in a lot of players may take time to gel, it's also a testament to what Campbell is already doing in Happy Valley to foster a sense of community.
"I believe that [Campbell] understands what it means to be, and the importance of the role of, the head football coach at Penn State, and he doesn't take that lightly," Kraft said. "I think he has built a culture in a very short time that our fans, our alumni, everybody will be very, very proud of. And they will be an incredibly competitive, tough, physical football team."The season ahead could be one filled with success for the Nittany Lions, if they play their cards right. It could also be one that tests a lot of fans' patience if it goes wrong. Still, when your AD is this effusive about his new head coach, there is every right for fans to have a sense of optimism before the season starts.
Follow Nittany Lions Wire on X and Facebook.
#kraft #campbell #Football #happy
21 hours ago
After ACL surgery, Tucker Kraft is defying expectations with his rapid return originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Green Bay Packers received encouraging news on Friday as tight end Tucker Kraft was officially activated from the physically unable to perform (PUP) list, marking a significant milestone in his recovery from a torn ACL suffered less than nine months ago.
Kraft underwent surgery to repair the ACL in his right knee following last season, and while his return to the practice field is ahead of schedule in some respects, the Packers are taking a cautious approach to ensure he's fully ready for the regular season.
Head coach Matt LaFleur emphasized that Kraft's workload will be limited initially, with the tight end easing back into football activities rather than jumping straight into full-contact team drills.
"It'll be no team [drills]," LaFleur said before Friday's practice. "So, we're just going to kind of get him back ingrained into the process and into individual. What's great is when they do come off PUP, then now he can partake in some of the walk-through periods, especially that we do in the evenings, just to get him back hearing the call, lining up and then just going through that."
#kraft #return #tight #season
Green Bay Packers received encouraging news on Friday as tight end Tucker Kraft was officially activated from the physically unable to perform (PUP) list, marking a significant milestone in his recovery from a torn ACL suffered less than nine months ago.
Kraft underwent surgery to repair the ACL in his right knee following last season, and while his return to the practice field is ahead of schedule in some respects, the Packers are taking a cautious approach to ensure he's fully ready for the regular season.
Head coach Matt LaFleur emphasized that Kraft's workload will be limited initially, with the tight end easing back into football activities rather than jumping straight into full-contact team drills.
"It'll be no team [drills]," LaFleur said before Friday's practice. "So, we're just going to kind of get him back ingrained into the process and into individual. What's great is when they do come off PUP, then now he can partake in some of the walk-through periods, especially that we do in the evenings, just to get him back hearing the call, lining up and then just going through that."
#kraft #return #tight #season
21 hours ago
Ex-PFL fighter Logan Storley had the charges against him dropped after he was arrested on **** ual **** ault allegations back in May in Key West, Fla.
Online records in Monroe County show that prosecutors closed the case while canceling the next court hearing, which was originally scheduled for Aug. 3. No further details were made available, but the case is now closed and Storley is cleared from the charges.
"We are pleased that the criminal case involving Logan Storley has been resolved through a pretrial diversion program, after which the State has agreed to dismiss the charges," Storley's manager and attorney David Martin said in a statement sent to MMA Fighting.
"We want to thank attorneys Jeff and Diego Weiner for their exceptional representation and most importantly, we want to thank everyone who refused to rush to judgment. The presumption of innocence remains a cornerstone of our criminal justice system, and every person deserves fairness, due process, and the opportunity to have their case decided based on the facts, not public opinion.
"Logan is committed to becoming the best version of himself and looks forward to focusing on his family, his career, and the opportunities that lie ahead."
#storley #case #charges #criminal
Online records in Monroe County show that prosecutors closed the case while canceling the next court hearing, which was originally scheduled for Aug. 3. No further details were made available, but the case is now closed and Storley is cleared from the charges.
"We are pleased that the criminal case involving Logan Storley has been resolved through a pretrial diversion program, after which the State has agreed to dismiss the charges," Storley's manager and attorney David Martin said in a statement sent to MMA Fighting.
"We want to thank attorneys Jeff and Diego Weiner for their exceptional representation and most importantly, we want to thank everyone who refused to rush to judgment. The presumption of innocence remains a cornerstone of our criminal justice system, and every person deserves fairness, due process, and the opportunity to have their case decided based on the facts, not public opinion.
"Logan is committed to becoming the best version of himself and looks forward to focusing on his family, his career, and the opportunities that lie ahead."
#storley #case #charges #criminal
22 hours ago
Marc Stein: The Pelicans and Bulls remain engaged suitors for Clippers RFA Bennedict Mathurin, says one source close to the process. The source adds: "Dallas has not expressed interest at a serious level" thus far. MikeAScotto reported today that Milwaukee has joined the Mathurin chase.
This article originally appeared on Hoops Hype: Pelicans, Bulls remain engaged suitors for free agent Bennedict Mathurin
#suitors
This article originally appeared on Hoops Hype: Pelicans, Bulls remain engaged suitors for free agent Bennedict Mathurin
#suitors
22 hours ago
Tennessee football's star running back DeSean Bishop showed his support for teammate Arion Carter after the Vols linebacker was hit with a two-game suspension by the NCAA for accepting a $427 flight from his agent while going through the NFL draft process last winter.
Bishop shared a statement on Instagram on July 31 and tagged it with #STANDFORAC . He called for a closer review of the circumstances that led to Carter's suspension.
"While eligibility matters are handled through established processes, my focus today is simply on supporting a teammate who has worked tirelessly for this opportunity. I believe in Arion as a person, a leader, and a competitor," Bishop said. "I also trust that those responsible for reviewing his situation will carefully consider all of the facts and circumstances involved."
#teammate #suspension #desean
Bishop shared a statement on Instagram on July 31 and tagged it with #STANDFORAC . He called for a closer review of the circumstances that led to Carter's suspension.
"While eligibility matters are handled through established processes, my focus today is simply on supporting a teammate who has worked tirelessly for this opportunity. I believe in Arion as a person, a leader, and a competitor," Bishop said. "I also trust that those responsible for reviewing his situation will carefully consider all of the facts and circumstances involved."
#teammate #suspension #desean
22 hours ago
One of the dark clouds that has hovered over the Mark Pope era in Lexington is injuries. Year one, year two, and now heading into year three, we hear that word floating and continue to hope for the best with these athletes and the injuries tied to them.
One of the players that has unfortunately seen some time sidelined due to injury is Kam Williams. Last year, against the Texas Longhorns, Williams suffered a foot injury on a routine play. Since then, he has worked his tail off, recovering from immediate surgery to return within such a short window, and ultimately made that happen by returning to be with the 2025-26 squad as they went into the postseason.
We recently learned from Mark Pope that Williams underwent a second surgery, which delayed things a little bit for the rising junior, heading into his second season in Lexington.
Then on Thursday, Williams met with local media and opened up about his recent surgery.
"It was really a clean-up thing," said Williams. "Obviously, I was preparing to come back for the summer, like in May or whatever, and started working out more and more. Then went up for another imaging process or whatever, and we just didn't like how it looked in a way. So we just decided that it was the best opportunity we needed to take advantage of, which was getting it cleaned up."
#williams #year #mark #lexington
One of the players that has unfortunately seen some time sidelined due to injury is Kam Williams. Last year, against the Texas Longhorns, Williams suffered a foot injury on a routine play. Since then, he has worked his tail off, recovering from immediate surgery to return within such a short window, and ultimately made that happen by returning to be with the 2025-26 squad as they went into the postseason.
We recently learned from Mark Pope that Williams underwent a second surgery, which delayed things a little bit for the rising junior, heading into his second season in Lexington.
Then on Thursday, Williams met with local media and opened up about his recent surgery.
"It was really a clean-up thing," said Williams. "Obviously, I was preparing to come back for the summer, like in May or whatever, and started working out more and more. Then went up for another imaging process or whatever, and we just didn't like how it looked in a way. So we just decided that it was the best opportunity we needed to take advantage of, which was getting it cleaned up."
#williams #year #mark #lexington
23 hours ago
GREEN BAY, Wis. (AP) — Green Bay Packers tight end Tucker Kraft is coming off the physically unable to perform list as he continues his comeback from a torn anterior cruciate ligament.
The move clears Kraft to return to practice, though Packers coach Matt LaFleur said the 2023 third-round draft pick wouldn't be participating in team drills for now.
"We're just going to kind of get him back ingrained into the process and into individual," LaFleur said before the Packers' practice Friday. "What's great is when they do come off PUP, then now he can partake in some of the walk-through periods, especially that we do in the evenings, just to get him back hearing the call, lining up and then just going through that."
Kraft caught 32 passes for 489 yards and six touchdowns in eight games last season before tearing his right ACL on Nov. 2 during a 16-13 loss to the Carolina Panthers. The week before his injury, Kraft caught seven passes for 143 yards and two touchdowns in a 35-25 victory at Pittsburgh.
Kraft said during Green Bay's mandatory minicamp in June that he expected to be ready for the Sept. 13 season opener at Minnesota and that he believed he was playing as well as any tight end in the NFL at the time of his injury.
#green #packers #passes
The move clears Kraft to return to practice, though Packers coach Matt LaFleur said the 2023 third-round draft pick wouldn't be participating in team drills for now.
"We're just going to kind of get him back ingrained into the process and into individual," LaFleur said before the Packers' practice Friday. "What's great is when they do come off PUP, then now he can partake in some of the walk-through periods, especially that we do in the evenings, just to get him back hearing the call, lining up and then just going through that."
Kraft caught 32 passes for 489 yards and six touchdowns in eight games last season before tearing his right ACL on Nov. 2 during a 16-13 loss to the Carolina Panthers. The week before his injury, Kraft caught seven passes for 143 yards and two touchdowns in a 35-25 victory at Pittsburgh.
Kraft said during Green Bay's mandatory minicamp in June that he expected to be ready for the Sept. 13 season opener at Minnesota and that he believed he was playing as well as any tight end in the NFL at the time of his injury.
#green #packers #passes
23 hours ago
LONDON (AP) — Chelsea was fined 10 million pounds ($13.4 million) and given a suspended two-window transfer ban on Friday after appealing penalties for breaching English Football **** ociation agent rules.
The club was initially given a suspended six-point deduction along with the fine but the points penalty has been replaced by the suspended transfer ban.
The FA confirmed the sanctions on the west London club, which admitted to 74 breaches in total of FA regulations covering agents, working with intermediaries and third party investment in players.
The club owners self-reported the breaches to the soccer authorities in 2022, when they were in the process of buying Chelsea from Russian billionaire Roman Abramovich.
The six-point deduction, suspended until June 30, 2027, was imposed by the independent commission which initially heard the case. But the club appealed against that. An appeal board instead replaced the points penalty with the suspended two-window transfer ban.
#suspended
The club was initially given a suspended six-point deduction along with the fine but the points penalty has been replaced by the suspended transfer ban.
The FA confirmed the sanctions on the west London club, which admitted to 74 breaches in total of FA regulations covering agents, working with intermediaries and third party investment in players.
The club owners self-reported the breaches to the soccer authorities in 2022, when they were in the process of buying Chelsea from Russian billionaire Roman Abramovich.
The six-point deduction, suspended until June 30, 2027, was imposed by the independent commission which initially heard the case. But the club appealed against that. An appeal board instead replaced the points penalty with the suspended two-window transfer ban.
#suspended