1 hr. ago
Producer Sam Haskell reflects on his 44-year friendship and professional partnership with Dolly Parton after her death
The pair collaborated on 12 films, including Emmy-winning Christmas on the Square
Haskell remembers Parton as a woman of faith, humor and generosity
Producer Sam Haskell is reflecting on his 44-year personal and professional relationship with the late Dolly Parton.
The country legend died at age 80 after a "brief battle with cancer" on Aug. 25. Now, Haskell — president of Magnolia Hill Productions at Warner Brothers Discovery — is sharing memories of his time working with Parton on 12 films in a statement shared exclusively with PEOPLE.
#producer
The pair collaborated on 12 films, including Emmy-winning Christmas on the Square
Haskell remembers Parton as a woman of faith, humor and generosity
Producer Sam Haskell is reflecting on his 44-year personal and professional relationship with the late Dolly Parton.
The country legend died at age 80 after a "brief battle with cancer" on Aug. 25. Now, Haskell — president of Magnolia Hill Productions at Warner Brothers Discovery — is sharing memories of his time working with Parton on 12 films in a statement shared exclusively with PEOPLE.
#producer
5 hours ago
Enbridge is expanding deeper into the Permian Basin with a $600 million acquisition of Salt Creek Midstream's crude oil gathering business, strengthening the pipeline giant's ability to move barrels from the Delaware Basin to export markets on the U.S. Gulf Coast.
The cash deal includes full ownership of the Orla and Wink North gathering systems and a 50% interest in the Delaware Crossing system, giving Enbridge roughly 500 miles of additional crude gathering infrastructure.
Together, the systems can handle 420,000 barrels per day and provide 350,000 barrels of storage capacity. They serve more than 20 producers covering approximately 320,000 net dedicated acres under long-term agreements with an average remaining contract life of about 10 years.
The acquisition is particularly strategic because the gathering systems connect with several major Permian takeaway pipelines, including the Enbridge-controlled Gray Oak Pipeline.
Enbridge said the **** ets will allow it to provide customers with a more integrated route from the wellhead through Gray Oak and Cactus II to the Enbridge Ingleside Energy Center near Corpus Christi, which the company describes as North America's largest crude export terminal.
#crude
The cash deal includes full ownership of the Orla and Wink North gathering systems and a 50% interest in the Delaware Crossing system, giving Enbridge roughly 500 miles of additional crude gathering infrastructure.
Together, the systems can handle 420,000 barrels per day and provide 350,000 barrels of storage capacity. They serve more than 20 producers covering approximately 320,000 net dedicated acres under long-term agreements with an average remaining contract life of about 10 years.
The acquisition is particularly strategic because the gathering systems connect with several major Permian takeaway pipelines, including the Enbridge-controlled Gray Oak Pipeline.
Enbridge said the **** ets will allow it to provide customers with a more integrated route from the wellhead through Gray Oak and Cactus II to the Enbridge Ingleside Energy Center near Corpus Christi, which the company describes as North America's largest crude export terminal.
#crude
14 hours ago
Newly filed court documents obtained by PEOPLE reveal texts between Rebel Wilson and crisis publicist Melissa Nathan about a $110,000 "untraceable site"
Wilson said she did not remember sending or receiving the messages but testified it "is possible" she did
The texts are part of Amanda Ghost's ongoing legal battle with Wilson over alleged websites targeting the film producer
Newly filed court documents reveal a text exchange in which crisis publicist Melissa Nathan quoted Rebel Wilson $110,000 for an "untraceable site" amid Wilson's legal dispute with film producer Amanda Ghost.
The messages, which were produced in discovery and authenticated by Nathan during a deposition, were filed in Los Angeles Superior Court on Aug. 25 as part of Ghost's ongoing lawsuit against Wilson and others, according to the motion to compel discovery obtained by PEOPLE.
#court #newly
Wilson said she did not remember sending or receiving the messages but testified it "is possible" she did
The texts are part of Amanda Ghost's ongoing legal battle with Wilson over alleged websites targeting the film producer
Newly filed court documents reveal a text exchange in which crisis publicist Melissa Nathan quoted Rebel Wilson $110,000 for an "untraceable site" amid Wilson's legal dispute with film producer Amanda Ghost.
The messages, which were produced in discovery and authenticated by Nathan during a deposition, were filed in Los Angeles Superior Court on Aug. 25 as part of Ghost's ongoing lawsuit against Wilson and others, according to the motion to compel discovery obtained by PEOPLE.
#court #newly
15 hours ago
An entertainment industry group that includes Hollywood producers Haim Saban, Lawrence Bender and Teddy Schwarzman has released a statement condemning the alleged "antisemitic tropes" underpinning Mark Ruffalo's opposition to Paramount's leadership amid its proposed merger with Warner Bros. Discovery (WBD).
The statement comes from a group calling itself The Brigade, which describes itself as "a group of nearly 1,000 members, friends, and allies of the Jewish community who are proud to be working in film, television, music, Broadway, social and digital, and other platforms in and around the entertainment industry."
More from The Hollywood Reporter
Hannah Einbinder Defends Mark Ruffalo From Paramount "Antisemitism" Claim: "All of Us Artists Could Stand to Be More Like Mark"
Simon Wiesenthal Center CEO Calls Out Mark Ruffalo's Paramount Remarks: "Obsession and Demonization"
#industry #statement #itself
The statement comes from a group calling itself The Brigade, which describes itself as "a group of nearly 1,000 members, friends, and allies of the Jewish community who are proud to be working in film, television, music, Broadway, social and digital, and other platforms in and around the entertainment industry."
More from The Hollywood Reporter
Hannah Einbinder Defends Mark Ruffalo From Paramount "Antisemitism" Claim: "All of Us Artists Could Stand to Be More Like Mark"
Simon Wiesenthal Center CEO Calls Out Mark Ruffalo's Paramount Remarks: "Obsession and Demonization"
#industry #statement #itself
18 hours ago
Tom Brady made his runway modeling debut in Demna's Gucci cruise show in May, and he just strengthened his place in Gucci lore as a face of Demna's fall-winter 2026 collection.
As such, Brady spoke exclusively GQ, and Jeremy Freed asked the seven-time Super Bowl champion whether he'd ever wear a suit without a shirt in his real life.
"For my broadcasting, I'm usually in a suit, but I don't know how my producer and director at Fox would handle it if I came in without a shirt on," Brady said. "I'm not sure how the football audience would love that. I take my jacket off a lot during the game, so that wouldn't turn out great."
That doesn't mean we should rule out seeing Brady in a leather-on-leather ensemble in the NFL on Fox booth this fall, however.
"I'd never really done leather on leather before, but there are some leather pants in my closet now," Brady said, in response to whether his runway strut was his first introduction to leather on leather. "I thought, 'Damn, that's actually really comfortable.' I could see why people wear this. It's definitely a different look. It felt more like a uniform — there was a rigidity and a structure to it, like my football uniform."
#fall
As such, Brady spoke exclusively GQ, and Jeremy Freed asked the seven-time Super Bowl champion whether he'd ever wear a suit without a shirt in his real life.
"For my broadcasting, I'm usually in a suit, but I don't know how my producer and director at Fox would handle it if I came in without a shirt on," Brady said. "I'm not sure how the football audience would love that. I take my jacket off a lot during the game, so that wouldn't turn out great."
That doesn't mean we should rule out seeing Brady in a leather-on-leather ensemble in the NFL on Fox booth this fall, however.
"I'd never really done leather on leather before, but there are some leather pants in my closet now," Brady said, in response to whether his runway strut was his first introduction to leather on leather. "I thought, 'Damn, that's actually really comfortable.' I could see why people wear this. It's definitely a different look. It felt more like a uniform — there was a rigidity and a structure to it, like my football uniform."
#fall
22 hours ago
Norwegian oil and gas firms Equinor and Aker BP have made a gas and condensate discovery close to the operating Balder field in the North Sea, the Norwegian Offshore Directorate, the regulator of the industry in Norway, said on Monday.
Equinor and Aker BP had an exploration well drilled in a production license 16 kilometers (10 miles) northwest of the Balder field and 205 kilometers (127 miles) west of Stavanger, a major oil services hub in Norway.
Preliminary estimates indicate the size of the discovery is between 0.1 and 2.1 million standard cubic meters (Sm3) of recoverable oil equivalent, the Norwegian regulator said.
The licensees are now reviewing the result from the well and the other wells previously drilled in the license to consider further exploration potential in the production license.
Norway, Equinor, Aker BP, and other producers in the Norwegian Continental Shelf (NCS) continue to pursue drilling and development in areas close to existing infrastructure to fast-track potential new projects by tie-backs to operational platforms.
#norway #license #close #field
Equinor and Aker BP had an exploration well drilled in a production license 16 kilometers (10 miles) northwest of the Balder field and 205 kilometers (127 miles) west of Stavanger, a major oil services hub in Norway.
Preliminary estimates indicate the size of the discovery is between 0.1 and 2.1 million standard cubic meters (Sm3) of recoverable oil equivalent, the Norwegian regulator said.
The licensees are now reviewing the result from the well and the other wells previously drilled in the license to consider further exploration potential in the production license.
Norway, Equinor, Aker BP, and other producers in the Norwegian Continental Shelf (NCS) continue to pursue drilling and development in areas close to existing infrastructure to fast-track potential new projects by tie-backs to operational platforms.
#norway #license #close #field
1 day ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#aoris #investor
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#aoris #investor
1 day ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On August 21, 2026, SAP SE (NYSE:SAP) closed at $218.68 per share, reflecting a market capitalization of $256.39 billion. SAP SE (NYSE:SAP) posted a one-month return of 27.88%, while its shares lost 19.09% over the past 52 weeks.
Aoris Investment Management stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor letter:
"SAP SE (NYSE:SAP) is the world's leading enterprise resource planning (ERP) software company. ERP systems run core business processes such as finance, human resources, manufacturing, supply chain management and customer relationship management. SAP is a core system of record for many of the world's largest organisations. Of the world's 100 largest organisations, 99 use SAP's solutions, and 80% of all the world's transactions touch an SAP system.
The value of SAP's systems should increase, because AI is only useful when it can access accurate data, business context and established workflows. AI is providing opportunities for SAP to layer on additional services which the company believes can add 20% or more to a customer's spending. Examples include its Business Data Cloud, which brings together SAP and non-SAP data for real-time ******* ysis, and its Joule AI agent, which can automate work with an understanding of customers' existing data structures and processes…" (Click here to read the full text)
#NYSE
In its Q2 2026 investor letter, Aoris Investment Management highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On August 21, 2026, SAP SE (NYSE:SAP) closed at $218.68 per share, reflecting a market capitalization of $256.39 billion. SAP SE (NYSE:SAP) posted a one-month return of 27.88%, while its shares lost 19.09% over the past 52 weeks.
Aoris Investment Management stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor letter:
"SAP SE (NYSE:SAP) is the world's leading enterprise resource planning (ERP) software company. ERP systems run core business processes such as finance, human resources, manufacturing, supply chain management and customer relationship management. SAP is a core system of record for many of the world's largest organisations. Of the world's 100 largest organisations, 99 use SAP's solutions, and 80% of all the world's transactions touch an SAP system.
The value of SAP's systems should increase, because AI is only useful when it can access accurate data, business context and established workflows. AI is providing opportunities for SAP to layer on additional services which the company believes can add 20% or more to a customer's spending. Examples include its Business Data Cloud, which brings together SAP and non-SAP data for real-time ******* ysis, and its Joule AI agent, which can automate work with an understanding of customers' existing data structures and processes…" (Click here to read the full text)
#NYSE
1 day ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#NYSE
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#NYSE
1 day ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted RELX PLC (NYSE:RELX). RELX PLC (NYSE:RELX) is a British-based information ****** ytics and decision solutions provider for professional and business customers. On August 21, 2026, RELX PLC (NYSE:RELX) stock closed at $35.91 per share. One-month return of RELX PLC (NYSE:RELX) was 0.73%, and its shares lost 24.86% over the past 52 weeks. RELX PLC (NYSE:RELX) has a market capitalization of $62.03 billion.
Aoris Investment Management stated the following regarding RELX PLC (NYSE:RELX) in its Q2 2026 investor letter:
"RELX PLC (NYSE:RELX) provides data, ****** ytics and decision-making tools for professional users in the science, academia, legal, risk and insurance industries. One-third of its revenue comes from scientific content and research tools, one-third comes from risk management solutions like identity verification and anti-money laundering, 20% comes from content and tools for the legal industry, and 10% comes from running trade exhibitions.
RELX owns and curates large bodies of proprietary and authoritative content, which has become more valuable as the internet is largely exhausted as a training resource for AI models. Legal work is especially well-suited to generative AI because it's language-intensive, but also an area where accuracy matters. RELX's AI products help lawyers research, draft and conduct due diligence faster, while remaining anchored to trusted legal content. Just two and a half years after launch, around half of its legal customers have subscribed to its premium AI offering. AI is also making frau
In its Q2 2026 investor letter, Aoris Investment Management highlighted RELX PLC (NYSE:RELX). RELX PLC (NYSE:RELX) is a British-based information ****** ytics and decision solutions provider for professional and business customers. On August 21, 2026, RELX PLC (NYSE:RELX) stock closed at $35.91 per share. One-month return of RELX PLC (NYSE:RELX) was 0.73%, and its shares lost 24.86% over the past 52 weeks. RELX PLC (NYSE:RELX) has a market capitalization of $62.03 billion.
Aoris Investment Management stated the following regarding RELX PLC (NYSE:RELX) in its Q2 2026 investor letter:
"RELX PLC (NYSE:RELX) provides data, ****** ytics and decision-making tools for professional users in the science, academia, legal, risk and insurance industries. One-third of its revenue comes from scientific content and research tools, one-third comes from risk management solutions like identity verification and anti-money laundering, 20% comes from content and tools for the legal industry, and 10% comes from running trade exhibitions.
RELX owns and curates large bodies of proprietary and authoritative content, which has become more valuable as the internet is largely exhausted as a training resource for AI models. Legal work is especially well-suited to generative AI because it's language-intensive, but also an area where accuracy matters. RELX's AI products help lawyers research, draft and conduct due diligence faster, while remaining anchored to trusted legal content. Just two and a half years after launch, around half of its legal customers have subscribed to its premium AI offering. AI is also making frau
1 day ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On August 21, 2026, Visa Inc. (NYSE:V) closed at $371.04 per share, reflecting a market capitalization of $692.74 billion. Visa Inc. (NYSE:V) posted a one‑month return of 2.35%, while its shares gained 6.37% over the past 52 weeks.
Aoris Investment Management stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor letter:
"Visa Inc. (NYSE:V) is the world's largest payment network, enabling consumers and businesses to transact with over 130 million merchants globally in a convenient and secure way. It earns 70% of its revenue by charging fixed and percentage-based fees on transactions processed over its network. The other 30% comes from a range of payment-related services that help financial institutions and merchants to reduce fraud, improve back-office efficiency, increase sales and deepen customer loyalty.
If AI agents start making purchases on behalf of consumers and businesses, which is known as agentic commerce, then Visa's secure credentials, fraud controls, acceptance, dispute resolution and trusted network rules will become increasingly important. More digital commerce usually means more transactions, which would benefit Visa's transaction-based fees. Agentic commerce may also accelerate Visa's market share gains against domestic card networks like Eftpos, many of which still aren't accepted for onl
In its Q2 2026 investor letter, Aoris Investment Management highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On August 21, 2026, Visa Inc. (NYSE:V) closed at $371.04 per share, reflecting a market capitalization of $692.74 billion. Visa Inc. (NYSE:V) posted a one‑month return of 2.35%, while its shares gained 6.37% over the past 52 weeks.
Aoris Investment Management stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor letter:
"Visa Inc. (NYSE:V) is the world's largest payment network, enabling consumers and businesses to transact with over 130 million merchants globally in a convenient and secure way. It earns 70% of its revenue by charging fixed and percentage-based fees on transactions processed over its network. The other 30% comes from a range of payment-related services that help financial institutions and merchants to reduce fraud, improve back-office efficiency, increase sales and deepen customer loyalty.
If AI agents start making purchases on behalf of consumers and businesses, which is known as agentic commerce, then Visa's secure credentials, fraud controls, acceptance, dispute resolution and trusted network rules will become increasingly important. More digital commerce usually means more transactions, which would benefit Visa's transaction-based fees. Agentic commerce may also accelerate Visa's market share gains against domestic card networks like Eftpos, many of which still aren't accepted for onl
1 day ago
Martha Stewart is expanding her relationship with Netflix with two familiar projects from her lifestyle empire. The move arrives months after Meghan Markle's own lifestyle chapter with the streamer changed direction. Stewart's latest deal brings both cooking and conversation to the platform.
Entertainment Weekly exclusively announced that The Martha Stewart Podcast and Martha Cooks are joining Netflix this week. Martha Cooks begins streaming Tuesday, Aug. 25. Full video episodes of Stewart's podcast arrive Wednesday, Aug. 26.
"I'm delighted to bring my podcast to Netflix," Stewart said in a statement. She also called Netflix "the perfect partner" to help the show reach a wider audience.
The Martha Stewart Podcast will continue as an audio series through iHeartPodcasts. However, Netflix will carry the full video version. The first streaming episode features Reddit co-founder Alexis Ohanian. Future guests include author Harlan Coben and producer Benny Blanco.
Meanwhile, Martha Cooks gives Netflix another established lifestyle ******* le. The series originally launched on The Roku Channel and features Stewart cooking with chefs, friends and other guests.
#martha #lifestyle #full
Entertainment Weekly exclusively announced that The Martha Stewart Podcast and Martha Cooks are joining Netflix this week. Martha Cooks begins streaming Tuesday, Aug. 25. Full video episodes of Stewart's podcast arrive Wednesday, Aug. 26.
"I'm delighted to bring my podcast to Netflix," Stewart said in a statement. She also called Netflix "the perfect partner" to help the show reach a wider audience.
The Martha Stewart Podcast will continue as an audio series through iHeartPodcasts. However, Netflix will carry the full video version. The first streaming episode features Reddit co-founder Alexis Ohanian. Future guests include author Harlan Coben and producer Benny Blanco.
Meanwhile, Martha Cooks gives Netflix another established lifestyle ******* le. The series originally launched on The Roku Channel and features Stewart cooking with chefs, friends and other guests.
#martha #lifestyle #full
1 day ago
Prince Harry and Meghan Markle may have had global fame, but an insider says they lacked the industry experience needed to succeed in Hollywood. Their decision to spend more time in Britain has renewed questions about their Hollywood plans. Some now argue that their fame alone could not replace the years of industry experience needed to succeed in the business.
Prince Harry and Meghan Markle moved to California after leaving their senior royal roles and quickly attracted attention from major US entertainment companies. In 2020, just months into the COVID-19 pandemic, they signed a major production deal with Netflix.
The couple's arrival created huge expectations because very few newcomers had entered Hollywood with the same level of global fame. Their royal status gave them instant attention, connections, and a large audience. However, the entertainment industry also requires creative experience, production skills, and a proven track record.
Rick Nicita, a former CAA agent and longtime Hollywood producer, argued that Harry and Markle entered a system where money and fame alone do not guarantee success. "I have absolutely nothing at all against Harry and Meghan, but they weren't bringing anything tangible to the table other than their celebrity in a different sphere of life," Nicita said to Page Six. He questioned why Hollywood companies would invest in their projects when Harry and Meghan had no previous experience as filmmakers, producers, or other entertainment professionals.
Nicita did not rule Harry and Markle out completely. He said they could still succeed if their ideas connect with audiences at the right time. In Hollywood, newcomers can make it when their ideas match what people want and the culture of the moment. The Sussexes are not the first outsiders to enter Hollywood with big reputations and ambitious plans. Many famous people have learned that success in another field does not always lead to a long-lasting career in Hollywood.
#harry
Prince Harry and Meghan Markle moved to California after leaving their senior royal roles and quickly attracted attention from major US entertainment companies. In 2020, just months into the COVID-19 pandemic, they signed a major production deal with Netflix.
The couple's arrival created huge expectations because very few newcomers had entered Hollywood with the same level of global fame. Their royal status gave them instant attention, connections, and a large audience. However, the entertainment industry also requires creative experience, production skills, and a proven track record.
Rick Nicita, a former CAA agent and longtime Hollywood producer, argued that Harry and Markle entered a system where money and fame alone do not guarantee success. "I have absolutely nothing at all against Harry and Meghan, but they weren't bringing anything tangible to the table other than their celebrity in a different sphere of life," Nicita said to Page Six. He questioned why Hollywood companies would invest in their projects when Harry and Meghan had no previous experience as filmmakers, producers, or other entertainment professionals.
Nicita did not rule Harry and Markle out completely. He said they could still succeed if their ideas connect with audiences at the right time. In Hollywood, newcomers can make it when their ideas match what people want and the culture of the moment. The Sussexes are not the first outsiders to enter Hollywood with big reputations and ambitious plans. Many famous people have learned that success in another field does not always lead to a long-lasting career in Hollywood.
#harry
1 day ago
In 2026, several celebrities—actors, directors, reality stars, and more—passed away. Most recently, former Heroes and Scream star Hayden Panettiere was found dead in her South Carolina home at 36. We've also had to say goodbye to Hollywood legends like Catherine O'Hara, action star Chuck Norris, Dawson's Creek's James Van Der Beek, as well as TV producer Ted Turner.
Let's now remember the celebrities who died in 2026.
T.K. Carter
Frank Micelotta/Getty Images
December 18, 1956 – January 9, 2026 (69 years old)
#star #hayden #hollywood
Let's now remember the celebrities who died in 2026.
T.K. Carter
Frank Micelotta/Getty Images
December 18, 1956 – January 9, 2026 (69 years old)
#star #hayden #hollywood
2 days ago
Benny Blanco shared the results of his five-day pizza diet to prove that "you can lose weight, eating literally anything."
The prolific music producer, 38, explained his plans in an August 21 TikTok: "I'm going to eat one pizza a day and lose weight. My pizza of choice? One large thin crust" from Domino's. Showing a small slice of the pizza, he quipped, "Like, how is this supposed to last me a whole day? This is one-sixteenth of everything I can eat today."
Blanco, who began the challenge at 152.2 lbs, shared that the point was "to prove you can lose weight, eating literally anything." He stayed committed, even bringing the pizza with him when joining wife Selena Gomez for dinner at a restaurant.
Benny Blanco brought his pizza with him while going out to dinner with Selena Gomez
Credit: Benny Blanco/Tiktok
His diet had a few setbacks — like when he accidentally dropped a slice on the ground, or returned to the studio to find "someone ate like eight slices of my pizza."
#pizza #blanco #like #gomez
The prolific music producer, 38, explained his plans in an August 21 TikTok: "I'm going to eat one pizza a day and lose weight. My pizza of choice? One large thin crust" from Domino's. Showing a small slice of the pizza, he quipped, "Like, how is this supposed to last me a whole day? This is one-sixteenth of everything I can eat today."
Blanco, who began the challenge at 152.2 lbs, shared that the point was "to prove you can lose weight, eating literally anything." He stayed committed, even bringing the pizza with him when joining wife Selena Gomez for dinner at a restaurant.
Benny Blanco brought his pizza with him while going out to dinner with Selena Gomez
Credit: Benny Blanco/Tiktok
His diet had a few setbacks — like when he accidentally dropped a slice on the ground, or returned to the studio to find "someone ate like eight slices of my pizza."
#pizza #blanco #like #gomez
2 days ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#inves
In its Q2 2026 investor letter, Aoris Investment Management highlighted InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a leading hospitality company owns, manages, franchises, and leases hotels globally. On August 21, 2026, InterContinental Hotels Group PLC (NYSE:IHG) closed at $159.91 per share, reflecting a market capitalization of $23.55 billion. InterContinental Hotels Group PLC (NYSE:IHG) posted a one‑month return of 0.25%, while its shares gained 32.18% over the past 52 weeks.
Aoris Investment Management stated the following regarding InterContinental Hotels Group PLC (NYSE:IHG) in its Q2 2026 investor letter:
"InterContinental Hotels Group PLC (NYSE:IHG) is a brand owner and franchisor of global hotel chains, including Holiday Inn, InterContinental and Crowne Plaza. Hotel owners pay IHG a franchise fee in exchange for access to its brands, loyalty program, and IT systems to help manage their properties, reservations and pricing. IHG franchisees earn better economics than independent hotels, which is why an increasing share of new and existing hotels are choosing to partner with IHG.
IHG's technology systems are a core advantage over smaller chains and independent hotels. AI can widen this gap through improvements in its search functions, booking process, customer service, pricing, marketing, and operational efficiency. For example, IHG is developing AI-powered conversational search to help guests book properties and receive more detailed information about its franchisees' rooms and services.…" (Click here to read the full text)
#inves
2 days ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On August 21, 2026, Visa Inc. (NYSE:V) closed at $371.04 per share, reflecting a market capitalization of $692.74 billion. Visa Inc. (NYSE:V) posted a one‑month return of 2.35%, while its shares gained 6.37% over the past 52 weeks.
Aoris Investment Management stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor letter:
"Visa Inc. (NYSE:V) is the world's largest payment network, enabling consumers and businesses to transact with over 130 million merchants globally in a convenient and secure way. It earns 70% of its revenue by charging fixed and percentage-based fees on transactions processed over its network. The other 30% comes from a range of payment-related services that help financial institutions and merchants to reduce fraud, improve back-office efficiency, increase sales and deepen customer loyalty.
If AI agents start making purchases on behalf of consumers and businesses, which is known as agentic commerce, then Visa's secure credentials, fraud controls, acceptance, dispute resolution and trusted network rules will become increasingly important. More digital commerce usually means more transactions, which would benefit Visa's transaction-based fees. Agentic commerce may also accelerate Visa's market share gains against domestic card networks like Eftpos, many of which still aren't accepted for onl
In its Q2 2026 investor letter, Aoris Investment Management highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On August 21, 2026, Visa Inc. (NYSE:V) closed at $371.04 per share, reflecting a market capitalization of $692.74 billion. Visa Inc. (NYSE:V) posted a one‑month return of 2.35%, while its shares gained 6.37% over the past 52 weeks.
Aoris Investment Management stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor letter:
"Visa Inc. (NYSE:V) is the world's largest payment network, enabling consumers and businesses to transact with over 130 million merchants globally in a convenient and secure way. It earns 70% of its revenue by charging fixed and percentage-based fees on transactions processed over its network. The other 30% comes from a range of payment-related services that help financial institutions and merchants to reduce fraud, improve back-office efficiency, increase sales and deepen customer loyalty.
If AI agents start making purchases on behalf of consumers and businesses, which is known as agentic commerce, then Visa's secure credentials, fraud controls, acceptance, dispute resolution and trusted network rules will become increasingly important. More digital commerce usually means more transactions, which would benefit Visa's transaction-based fees. Agentic commerce may also accelerate Visa's market share gains against domestic card networks like Eftpos, many of which still aren't accepted for onl
2 days ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted RELX PLC (NYSE:RELX). RELX PLC (NYSE:RELX) is a British-based information ****** ytics and decision solutions provider for professional and business customers. On August 21, 2026, RELX PLC (NYSE:RELX) stock closed at $35.91 per share. One-month return of RELX PLC (NYSE:RELX) was 0.73%, and its shares lost 24.86% over the past 52 weeks. RELX PLC (NYSE:RELX) has a market capitalization of $62.03 billion.
Aoris Investment Management stated the following regarding RELX PLC (NYSE:RELX) in its Q2 2026 investor letter:
"RELX PLC (NYSE:RELX) provides data, ****** ytics and decision-making tools for professional users in the science, academia, legal, risk and insurance industries. One-third of its revenue comes from scientific content and research tools, one-third comes from risk management solutions like identity verification and anti-money laundering, 20% comes from content and tools for the legal industry, and 10% comes from running trade exhibitions.
RELX owns and curates large bodies of proprietary and authoritative content, which has become more valuable as the internet is largely exhausted as a training resource for AI models. Legal work is especially well-suited to generative AI because it's language-intensive, but also an area where accuracy matters. RELX's AI products help lawyers research, draft and conduct due diligence faster, while remaining anchored to trusted legal content. Just two and a half years after launch, around half of its legal customers have subscribed to its premium AI offering. AI is also making frau
In its Q2 2026 investor letter, Aoris Investment Management highlighted RELX PLC (NYSE:RELX). RELX PLC (NYSE:RELX) is a British-based information ****** ytics and decision solutions provider for professional and business customers. On August 21, 2026, RELX PLC (NYSE:RELX) stock closed at $35.91 per share. One-month return of RELX PLC (NYSE:RELX) was 0.73%, and its shares lost 24.86% over the past 52 weeks. RELX PLC (NYSE:RELX) has a market capitalization of $62.03 billion.
Aoris Investment Management stated the following regarding RELX PLC (NYSE:RELX) in its Q2 2026 investor letter:
"RELX PLC (NYSE:RELX) provides data, ****** ytics and decision-making tools for professional users in the science, academia, legal, risk and insurance industries. One-third of its revenue comes from scientific content and research tools, one-third comes from risk management solutions like identity verification and anti-money laundering, 20% comes from content and tools for the legal industry, and 10% comes from running trade exhibitions.
RELX owns and curates large bodies of proprietary and authoritative content, which has become more valuable as the internet is largely exhausted as a training resource for AI models. Legal work is especially well-suited to generative AI because it's language-intensive, but also an area where accuracy matters. RELX's AI products help lawyers research, draft and conduct due diligence faster, while remaining anchored to trusted legal content. Just two and a half years after launch, around half of its legal customers have subscribed to its premium AI offering. AI is also making frau
2 days ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On August 21, 2026, SAP SE (NYSE:SAP) closed at $218.68 per share, reflecting a market capitalization of $256.39 billion. SAP SE (NYSE:SAP) posted a one-month return of 27.88%, while its shares lost 19.09% over the past 52 weeks.
Aoris Investment Management stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor letter:
"SAP SE (NYSE:SAP) is the world's leading enterprise resource planning (ERP) software company. ERP systems run core business processes such as finance, human resources, manufacturing, supply chain management and customer relationship management. SAP is a core system of record for many of the world's largest organisations. Of the world's 100 largest organisations, 99 use SAP's solutions, and 80% of all the world's transactions touch an SAP system.
The value of SAP's systems should increase, because AI is only useful when it can access accurate data, business context and established workflows. AI is providing opportunities for SAP to layer on additional services which the company believes can add 20% or more to a customer's spending. Examples include its Business Data Cloud, which brings together SAP and non-SAP data for real-time ******* ysis, and its Joule AI agent, which can automate work with an understanding of customers' existing data structures and processes…" (Click here to read the full text)
#aoris #investor #return
In its Q2 2026 investor letter, Aoris Investment Management highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On August 21, 2026, SAP SE (NYSE:SAP) closed at $218.68 per share, reflecting a market capitalization of $256.39 billion. SAP SE (NYSE:SAP) posted a one-month return of 27.88%, while its shares lost 19.09% over the past 52 weeks.
Aoris Investment Management stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor letter:
"SAP SE (NYSE:SAP) is the world's leading enterprise resource planning (ERP) software company. ERP systems run core business processes such as finance, human resources, manufacturing, supply chain management and customer relationship management. SAP is a core system of record for many of the world's largest organisations. Of the world's 100 largest organisations, 99 use SAP's solutions, and 80% of all the world's transactions touch an SAP system.
The value of SAP's systems should increase, because AI is only useful when it can access accurate data, business context and established workflows. AI is providing opportunities for SAP to layer on additional services which the company believes can add 20% or more to a customer's spending. Examples include its Business Data Cloud, which brings together SAP and non-SAP data for real-time ******* ysis, and its Joule AI agent, which can automate work with an understanding of customers' existing data structures and processes…" (Click here to read the full text)
#aoris #investor #return
2 days ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#letter
In its Q2 2026 investor letter, Aoris Investment Management highlighted Cintas Corporation (NASDAQ:CTAS). Cintas Corporation (NASDAQ:CTAS) engages in the provision of corporate identity uniforms and related business services. On August 21, 2026, Cintas Corporation (NASDAQ:CTAS) closed at $203.79 per share, reflecting a market capitalization of $81.55 billion. Cintas Corporation (NASDAQ:CTAS) posted a one‑month return of -3.41%, while its shares lost 3.81% over the past 52 weeks.
Aoris Investment Management stated the following regarding Cintas Corporation (NASDAQ:CTAS) in its Q2 2026 investor letter:
"Cintas Corporation (NASDAQ:CTAS) is America's largest uniform rental company. It earns 40% of its revenue from collecting, laundering and replacing uniforms for customers in industries such as hospitality, entertainment, manufacturing and healthcare. It also offers other facility services like the laundering of entrance mats, replenishment of restroom supplies, and monitoring of first aid kits and fire protection equipment.
Cintas has long used technology to improve service and efficiency, such as the SmartTruck system, which optimises its technicians' workday routes, and garment-tracking technology to reduce the likelihood of lost uniforms. AI should be another tool for Cintas to improve its logistics, service quality, sales effectiveness and cost control…" (Click here to read the full text)
#letter
2 days ago
Aoris Investment Management, a specialist international equity manager, released its Q2 2026 investor letter for "Aoris International Fund". A copy of the letter can be downloaded here. The fund invests in high-quality, wealth-generating businesses managed by prudent and capable teams, targeting an annual return of 8–12% after fees over a 5–7-year market cycle. During the June quarter, international equity markets, as represented by the MSCI AC World Accumulation Index ex Australia, returned 13.8% in AUD terms. In local currencies, the return 15.1%. The Portfolio's Class A (Unhedged) returned 5.7% after fees, underperforming its benchmark by 8.1%, while the Class C (Hedged) gained 6.7%, 8.4% less than its benchmark. The June quarter continued to reflect an unusual year, marked by significant share price increases among AI infrastructure companies, particularly semiconductor producers and data center suppliers. Economic sectors like banks and commodity producers saw gains, but the firm chose not to invest due to their cyclicality and low growth prospects. Conversely, concerns about enterprise software and data companies, challenged by AI, negatively impacted performance. The letter outlined potential incremental opportunities for portfolio companies through AI. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Aoris Investment Management highlighted W.W. Grainger, Inc. (NYSE:GWW). W.W. Grainger, Inc. (NYSE:GWW) is leading supplier of maintenance, repair, and operating products and services, serving customers across industries. On August 21, 2026, W.W. Grainger, Inc. (NYSE:GWW) closed at $1,312.24 per share, reflecting a market capitalization of $61.81 billion. W.W. Grainger, Inc. (NYSE:GWW) posted a one‑month return of -6.20%, while its shares gained 29.48% over the past 52 weeks.
Aoris Investment Management stated the following regarding W.W. Grainger, Inc. (NYSE:GWW) in its Q2 2026 investor letter:
"W.W. Grainger, Inc. (NYSE:GWW) is a leading distributor of maintenance, repair and operating (MRO) supplies in North America and ******* an. Around 80% of its revenue comes from high-touch service for large and complex organisations, while the remainder comes from an online-only offering for smaller purchases.
Grainger is using AI to improve the search functionality and depth of product information on its e-commerce platform, helping customers find the right part faster and with more certainty. Internally it's using AI to improve the speed and resolution of customer service queries and the effectiveness of its salespeople.…" (Click here to read the full text)
#NYSE #aoris #letter #management
In its Q2 2026 investor letter, Aoris Investment Management highlighted W.W. Grainger, Inc. (NYSE:GWW). W.W. Grainger, Inc. (NYSE:GWW) is leading supplier of maintenance, repair, and operating products and services, serving customers across industries. On August 21, 2026, W.W. Grainger, Inc. (NYSE:GWW) closed at $1,312.24 per share, reflecting a market capitalization of $61.81 billion. W.W. Grainger, Inc. (NYSE:GWW) posted a one‑month return of -6.20%, while its shares gained 29.48% over the past 52 weeks.
Aoris Investment Management stated the following regarding W.W. Grainger, Inc. (NYSE:GWW) in its Q2 2026 investor letter:
"W.W. Grainger, Inc. (NYSE:GWW) is a leading distributor of maintenance, repair and operating (MRO) supplies in North America and ******* an. Around 80% of its revenue comes from high-touch service for large and complex organisations, while the remainder comes from an online-only offering for smaller purchases.
Grainger is using AI to improve the search functionality and depth of product information on its e-commerce platform, helping customers find the right part faster and with more certainty. Internally it's using AI to improve the speed and resolution of customer service queries and the effectiveness of its salespeople.…" (Click here to read the full text)
#NYSE #aoris #letter #management
3 days ago
Trump announced a plan to lower beef prices for Americans ahead of the midterm elections.
His administration will allow up to 300,000 metric tons of beef to be imported into the US.
The National Cattlemen's Beef ******* ociation said the decision "undermines American producers."
America's largest trade ******* ociation of cattle producers says President Donald Trump's plan to lower beef prices is political theater.
The National Cattlemen's Beef ******* ociation, which represents more than 175,000 cattle producers and feeders, said on Friday that the strategy would do more harm than good for the industry. Earlier that day, Trump said the US would allow up to 300,000 metric tons of beef to be imported with no out-of-quota tariff over the next 90 days.
#plan
His administration will allow up to 300,000 metric tons of beef to be imported into the US.
The National Cattlemen's Beef ******* ociation said the decision "undermines American producers."
America's largest trade ******* ociation of cattle producers says President Donald Trump's plan to lower beef prices is political theater.
The National Cattlemen's Beef ******* ociation, which represents more than 175,000 cattle producers and feeders, said on Friday that the strategy would do more harm than good for the industry. Earlier that day, Trump said the US would allow up to 300,000 metric tons of beef to be imported with no out-of-quota tariff over the next 90 days.
#plan
3 days ago
Diplo has revealed that he quietly became a father for the fourth time, sharing that he welcomed his first daughter about a year ago.
The 47-year-old producer revealed the news in an Instagram post on Aug. 14 documenting a family trip to Peru. Among the photos was an image of Diplo holding a young child whose face was covered with a heart emoji. In his caption, Diplo casually disclosed that the trip included a milestone for his daughter.
"My daughter celebrated her first birthday with llamas wearing sunglasses," he wrote.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
The post marks the first time Diplo has publicly mentioned having a daughter. He did not reveal the child's name or identify her mother.
#daughter #first #revealed #year
The 47-year-old producer revealed the news in an Instagram post on Aug. 14 documenting a family trip to Peru. Among the photos was an image of Diplo holding a young child whose face was covered with a heart emoji. In his caption, Diplo casually disclosed that the trip included a milestone for his daughter.
"My daughter celebrated her first birthday with llamas wearing sunglasses," he wrote.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
The post marks the first time Diplo has publicly mentioned having a daughter. He did not reveal the child's name or identify her mother.
#daughter #first #revealed #year
4 days ago
A scary scene unfolded on Aug. 14 on PFT Live when co-host Michael Holley became overheated and fainted on camera.
One week later, Holley returned to the show with co-host Mike Florio. Holley explained what happened and offered an update on how he's doing now.
"What a week, Mike," Holley said to Florio. "What a moment. I gotta tell you. You handled yourself great. Thank you for talking with [producer Kristen Coleman], because what you guys don't know… When I went down, one thing I did have, one thing that didn't go down, was my IFB. So, my IFB was in my ear. And I could hear this conversation. 'Hey, does somebody have Holley's wife's number?' And I heard something about emergency services. I said, 'Who are you talking about? Oh, they're talking about me.'"
"And then I was on the floor… And I'm telling you, this is so ridiculous. This is a ridiculous part of our business," Holley continued. "My first thought was, 'That's going on the internet.' And my second thought was, 'Well, now, look.' And I saw, I think at that point it was 8:42, 8:43, something like that. I said, 'Well, 17 minutes left in the show. Let me just put the microphone back up here. I'll sit down. I'll finish the show.'
"And I try to do that, and you guys are like, 'Are you nuts? Get out of here. Get yourself some help.' Thank you for continuing to talk, continuing to talk through it, really. I think it brought me back a little earlier than maybe I would have. But, in all seriousness, people, I mean, it was scary. It was a scary situation."
#scary #talking #down
One week later, Holley returned to the show with co-host Mike Florio. Holley explained what happened and offered an update on how he's doing now.
"What a week, Mike," Holley said to Florio. "What a moment. I gotta tell you. You handled yourself great. Thank you for talking with [producer Kristen Coleman], because what you guys don't know… When I went down, one thing I did have, one thing that didn't go down, was my IFB. So, my IFB was in my ear. And I could hear this conversation. 'Hey, does somebody have Holley's wife's number?' And I heard something about emergency services. I said, 'Who are you talking about? Oh, they're talking about me.'"
"And then I was on the floor… And I'm telling you, this is so ridiculous. This is a ridiculous part of our business," Holley continued. "My first thought was, 'That's going on the internet.' And my second thought was, 'Well, now, look.' And I saw, I think at that point it was 8:42, 8:43, something like that. I said, 'Well, 17 minutes left in the show. Let me just put the microphone back up here. I'll sit down. I'll finish the show.'
"And I try to do that, and you guys are like, 'Are you nuts? Get out of here. Get yourself some help.' Thank you for continuing to talk, continuing to talk through it, really. I think it brought me back a little earlier than maybe I would have. But, in all seriousness, people, I mean, it was scary. It was a scary situation."
#scary #talking #down
4 days ago
The see-through dressing is here to stay.
Margot Robbie has been embracing the sultry trend, whether on the red carpet, at fashion events or even during casual outings. One of her most recent appearances was during her trip to Paris.
The Hollywood star was spotted in the French capital while filming her upcoming movie, the Ocean's Eleven prequel, which is scheduled for release in June 2027.
Amid her busy schedule, she has found time to squeeze in a little downtime with husband Tom Ackerley, who is also a producer on the anticipated film.
The couple was seen leaving the set and heading to The Ritz, with The Wolf of Wall Street star looking ******* y yet classy in a jaw-dropping ensemble.
#robbie
Margot Robbie has been embracing the sultry trend, whether on the red carpet, at fashion events or even during casual outings. One of her most recent appearances was during her trip to Paris.
The Hollywood star was spotted in the French capital while filming her upcoming movie, the Ocean's Eleven prequel, which is scheduled for release in June 2027.
Amid her busy schedule, she has found time to squeeze in a little downtime with husband Tom Ackerley, who is also a producer on the anticipated film.
The couple was seen leaving the set and heading to The Ritz, with The Wolf of Wall Street star looking ******* y yet classy in a jaw-dropping ensemble.
#robbie
5 days ago
WASHINGTON (AP) — President Donald Trump announced Friday that his administration will allow more beef to be temporarily imported into the U.S. without triggering higher tariffs, as he remains under pressure to cut costs and address affordability issues ahead of November's midterms.
Beef prices have climbed to record highs amid a sharp drop in the number of U.S. cattle, consistent consumer demand and limits on cattle from Mexico, where the animals are facing a flesh-eating pest. The U.S. president has also imposed 50% tariffs on Brazil, a major beef exporter.
The president's plan, however, drew immediate skepticism from agricultural experts and backlash from cattle ranchers and conservative rural-state Republicans. Ranchers, normally some of the president's biggest supporters, are enjoying some rare profitable years and worry cheap beef imports will reduce cattle prices — and with it, the incentive to increase herd sizes.
"We all want lower grocery prices, but as I've said for months, we cannot do it at the expense of American producers," Sen. Deb Fischer, R-Neb., said in a statement. "Flooding the market with foreign beef hurts our livestock industry and undermines the long-term solution: growing the U.S. cattle herd to meet demand."
Sen. Tim Sheehy, R-Mont., said in a social media post just hours after Trump's announcement that the president's "heart is in the right place," but importing beef will "harm our ranching families who feed the nation."
#cattle #demand #herd
Beef prices have climbed to record highs amid a sharp drop in the number of U.S. cattle, consistent consumer demand and limits on cattle from Mexico, where the animals are facing a flesh-eating pest. The U.S. president has also imposed 50% tariffs on Brazil, a major beef exporter.
The president's plan, however, drew immediate skepticism from agricultural experts and backlash from cattle ranchers and conservative rural-state Republicans. Ranchers, normally some of the president's biggest supporters, are enjoying some rare profitable years and worry cheap beef imports will reduce cattle prices — and with it, the incentive to increase herd sizes.
"We all want lower grocery prices, but as I've said for months, we cannot do it at the expense of American producers," Sen. Deb Fischer, R-Neb., said in a statement. "Flooding the market with foreign beef hurts our livestock industry and undermines the long-term solution: growing the U.S. cattle herd to meet demand."
Sen. Tim Sheehy, R-Mont., said in a social media post just hours after Trump's announcement that the president's "heart is in the right place," but importing beef will "harm our ranching families who feed the nation."
#cattle #demand #herd
5 days ago
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Silver (SI=F) September futures opened at $68.20 per ounce on Friday, August 21, 2026, up 0.1% from Thursday's closing price. The silver price moved higher this morning, reaching $69.49 as of 9 a.m. ET.
The opening silver price was up nearly 5% since last week as traders reacted to a record high in U.S. debt and the Treasury's unexpected announcement to increase long-term bond repurchases. The news contributed to a decline in the U.S. dollar. A weaker dollar supports higher silver prices by lowering the cost for foreign buyers.
Silver, like gold, can function as a safe-haven ****** et for investors, but its supply and demand dynamics differ. Most silver is mined as a byproduct of other metals, so producers don't necessarily change their output to fit demand. And silver demand has investment and industrial components. Those complexities can make silver more volatile and difficult to predict than gold.
The opening price of silver futures on Friday, August 21, 2026, was 0.1% higher compared to Thursday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
#demand #futures #closing
Silver (SI=F) September futures opened at $68.20 per ounce on Friday, August 21, 2026, up 0.1% from Thursday's closing price. The silver price moved higher this morning, reaching $69.49 as of 9 a.m. ET.
The opening silver price was up nearly 5% since last week as traders reacted to a record high in U.S. debt and the Treasury's unexpected announcement to increase long-term bond repurchases. The news contributed to a decline in the U.S. dollar. A weaker dollar supports higher silver prices by lowering the cost for foreign buyers.
Silver, like gold, can function as a safe-haven ****** et for investors, but its supply and demand dynamics differ. Most silver is mined as a byproduct of other metals, so producers don't necessarily change their output to fit demand. And silver demand has investment and industrial components. Those complexities can make silver more volatile and difficult to predict than gold.
The opening price of silver futures on Friday, August 21, 2026, was 0.1% higher compared to Thursday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
#demand #futures #closing
5 days ago
As Prince Harry and Meghan Markle prepare to take up residency again in the U.K. six years after giving up their royal roles, Markle will be serving up her fashion influence and continue running her brand, As Ever.
While millions around the globe are chiming in about what their surprise decision could mean to the modern monarchy, others speculated about how commercial prospects may have played into their decision to relocate with their two children Archie, 7, and Lillibet, 5. Much has happened since Princess Diana and King Charles III's younger son lost his honorary military and royal patronage appointments in 2021.
The prince spelled out his many grievances with his kin in his memoir "Spare," and the pair sounded off in an interview with Oprah Winfrey. Harry has also openly criticized his home country for not providing his family of four with security. As for how that will be handled in a few weeks upon their return, Prime Minister Andy Burnham described that as "a private matter."
Although King Charles III and Queen Camilla were reunited with Harry's two children earlier this month at the monarch's private country estate Highgrove House, Prince William and Catherine, Princess of Wales, were not there. The strained relations between Harry and his brother continue to be scrutinized on social media and in traditional media.
David Haigh, founder and chief executive officer of the independent brand evaluation consultancy firm Brand Finance, said, "My take is they clearly haven't succeeded in America like they thought they would."
Acknowledging how Harry and Markle each have critics and loyalists, Haigh said that Harry is "much more highly regarded in the U.K. than Markle is. And the dynamic will shift much more in his favor."
To that point, the latest YouGov public opinion poll of Harry gives him a 27 percent popularity ranking and Markle an 18 percent rating. But Markle has a track record for boosting designers' sales by wearing their label. She sported 16 Australian labels during a trip Down Under in April. That resulted in a total of $51.6 million in media impact value over a four-day stretch, according to Launchmetrics.
Carolina Herrera, Heidi Merrick, Dior, Valentino, Mackage, Emilia Wickstead, Victoria Beard, Reformation, Jason Wu and Anine Bing are among the many brands that 45-year-old Markle has rotated into her wardrobe. In addition to launching the lifestyle brand As Ever in the spring of last year, the former "Suits" actress and her husband were the executive producers for the documentary "Cookie Queens" about American Girl Scouts' cookie selling.
Meghan Markle at the Balenciaga spring 2026 show.
Last month, she earned an Emmy nomination for her Netflix lifestyle series "With Love, Meghan." In September 2020, the husband-and-wife team's Archewell Productions secured a multiyear deal with Netflix, which was reportedly in the $60 million to $100 million range.
With the couple maintaining their homes in Montecito,
While millions around the globe are chiming in about what their surprise decision could mean to the modern monarchy, others speculated about how commercial prospects may have played into their decision to relocate with their two children Archie, 7, and Lillibet, 5. Much has happened since Princess Diana and King Charles III's younger son lost his honorary military and royal patronage appointments in 2021.
The prince spelled out his many grievances with his kin in his memoir "Spare," and the pair sounded off in an interview with Oprah Winfrey. Harry has also openly criticized his home country for not providing his family of four with security. As for how that will be handled in a few weeks upon their return, Prime Minister Andy Burnham described that as "a private matter."
Although King Charles III and Queen Camilla were reunited with Harry's two children earlier this month at the monarch's private country estate Highgrove House, Prince William and Catherine, Princess of Wales, were not there. The strained relations between Harry and his brother continue to be scrutinized on social media and in traditional media.
David Haigh, founder and chief executive officer of the independent brand evaluation consultancy firm Brand Finance, said, "My take is they clearly haven't succeeded in America like they thought they would."
Acknowledging how Harry and Markle each have critics and loyalists, Haigh said that Harry is "much more highly regarded in the U.K. than Markle is. And the dynamic will shift much more in his favor."
To that point, the latest YouGov public opinion poll of Harry gives him a 27 percent popularity ranking and Markle an 18 percent rating. But Markle has a track record for boosting designers' sales by wearing their label. She sported 16 Australian labels during a trip Down Under in April. That resulted in a total of $51.6 million in media impact value over a four-day stretch, according to Launchmetrics.
Carolina Herrera, Heidi Merrick, Dior, Valentino, Mackage, Emilia Wickstead, Victoria Beard, Reformation, Jason Wu and Anine Bing are among the many brands that 45-year-old Markle has rotated into her wardrobe. In addition to launching the lifestyle brand As Ever in the spring of last year, the former "Suits" actress and her husband were the executive producers for the documentary "Cookie Queens" about American Girl Scouts' cookie selling.
Meghan Markle at the Balenciaga spring 2026 show.
Last month, she earned an Emmy nomination for her Netflix lifestyle series "With Love, Meghan." In September 2020, the husband-and-wife team's Archewell Productions secured a multiyear deal with Netflix, which was reportedly in the $60 million to $100 million range.
With the couple maintaining their homes in Montecito,
5 days ago
Jamie Foxx has revealed he was a "little on the fence" about becoming a dad again at 58.
In May, it was reported that the Oscar-winning actor was expecting a baby with his girlfriend, Alyce Huckstepp.
Jamie - real name Eric Bishop - is already father to daughters Corinne, 32, and Anelise, 17, from previous relationships.
"Being my age, I was a little on the fence," he told E! News this week. "But then I ran into Al Pacino a few months ago."
Al and producer Noor Alfallah welcomed a son in 2023 when he was 83 - making the legendary actor one of the oldest fathers on record.
"I said, 'Al, you gonna be back in the drop-off line (at school)?'" the comedian joked. "I said, 'Aw man, shoot I'm good.'"
#jamie #actor #eric
In May, it was reported that the Oscar-winning actor was expecting a baby with his girlfriend, Alyce Huckstepp.
Jamie - real name Eric Bishop - is already father to daughters Corinne, 32, and Anelise, 17, from previous relationships.
"Being my age, I was a little on the fence," he told E! News this week. "But then I ran into Al Pacino a few months ago."
Al and producer Noor Alfallah welcomed a son in 2023 when he was 83 - making the legendary actor one of the oldest fathers on record.
"I said, 'Al, you gonna be back in the drop-off line (at school)?'" the comedian joked. "I said, 'Aw man, shoot I'm good.'"
#jamie #actor #eric
6 days ago
Shares of Vista Energy (VIST) climbed after Peter Thiel, co-founder and chair of Palantir Technologies (PLTR), disclosed a roughly 1% stake in the Argentine oil and gas producer. Thiel Macro LLC spent about $76 million to acquire roughly 1.2 million American depositary shares, making Vista Energy its second-largest holding behind Amazon (AMZN) and its only non-U.S. stock.
The stake also comes as Thiel deepens his ties to Argentina. He met President Javier Milei at the presidential palace about four months before the filing, and Milei said they discussed economic policy and their opposition to wealth taxes. Argentine media have also reported that Thiel bought a home in an upscale Buenos Aires neighborhood.
Forecasts for Hot US Temperatures Lift Nat-Gas Prices
What Will Watson Do Wednesday?
Crude Prices Gain on Reduced Middle Eastern Oil Supplies
#shares #stake #million
The stake also comes as Thiel deepens his ties to Argentina. He met President Javier Milei at the presidential palace about four months before the filing, and Milei said they discussed economic policy and their opposition to wealth taxes. Argentine media have also reported that Thiel bought a home in an upscale Buenos Aires neighborhood.
Forecasts for Hot US Temperatures Lift Nat-Gas Prices
What Will Watson Do Wednesday?
Crude Prices Gain on Reduced Middle Eastern Oil Supplies
#shares #stake #million
