5 hours ago
The transfer of Kerim Alajbegovic to Juventus Turin is on the verge of being completed. According to consistent media reports, Bayer 04 Leverkusen and the Italian top club have already agreed on the terms of the sale for the 18-year-old Bosnia international.
At present, only the forward's signature is still missing, with the deal expected to be finalized shortly.
According to transfer guru Fabrizio Romano, Leverkusen are set to receive a base fee of around €33 million, plus possible bonus payments.
This makes the deal a complete financial home run. Last summer, the Cologne-born player had still been sold to RB Salzburg for two million euros. After his strong development in Austria, the Rhineland club activated an agreed buy-back option worth eight million euros.
By selling him on directly to Turin, Leverkusen are now generating a hefty million-euro profit — and that without Alajbegovic having played even a single competitive minute in the shirt of Leverkusen's first team.
#transfer #agreed #still #deal
At present, only the forward's signature is still missing, with the deal expected to be finalized shortly.
According to transfer guru Fabrizio Romano, Leverkusen are set to receive a base fee of around €33 million, plus possible bonus payments.
This makes the deal a complete financial home run. Last summer, the Cologne-born player had still been sold to RB Salzburg for two million euros. After his strong development in Austria, the Rhineland club activated an agreed buy-back option worth eight million euros.
By selling him on directly to Turin, Leverkusen are now generating a hefty million-euro profit — and that without Alajbegovic having played even a single competitive minute in the shirt of Leverkusen's first team.
#transfer #agreed #still #deal
6 hours ago
Franco Mastantuono looks increasingly likely to spend the upcoming season away from Real Madrid, with both the club and the player agreeing that a loan is the best step for his development.
Los Blancos have no intention of selling the Argentine teenager and are instead seeking a straightforward loan deal with no purchase option, allowing him to gain regular first-team football before returning to the Santiago Bernabeu.
Initially, Mastantuono hoped to earn a place in Madrid's plans, but the club's summer recruitment, particularly their imminent arrival of Yan Diomande, significantly increased the competition for attacking positions.
Now, according to AS, one option that has already been ruled out is a return to River Plate.
The Argentine giants explored the possibility of bringing their former academy star back earlier in the summer and renewed their interest in recent weeks.
#mastantuono #argentine #real
Los Blancos have no intention of selling the Argentine teenager and are instead seeking a straightforward loan deal with no purchase option, allowing him to gain regular first-team football before returning to the Santiago Bernabeu.
Initially, Mastantuono hoped to earn a place in Madrid's plans, but the club's summer recruitment, particularly their imminent arrival of Yan Diomande, significantly increased the competition for attacking positions.
Now, according to AS, one option that has already been ruled out is a return to River Plate.
The Argentine giants explored the possibility of bringing their former academy star back earlier in the summer and renewed their interest in recent weeks.
#mastantuono #argentine #real
7 hours ago
Eddie Howe has lost key players Sandro Tonali and Anthony Gordon already this summer while ******* nal are trying to sign their captain Bruno Guimaraes.
There is obviously a level of frustration from Howe at the direction the club are going in their summer recruitment, though the coach was aware of the necessity for the club to sell players this summer.
Earlier this year, Howe had decided to remain at St James' Park regardless of the inevitably about selling players.
But over the summer, his perspective has changed and he will now be leaving.
In an era of financial regulations, just because you have wealthy owners doesn't mean you can spend big in the transfer window. You have to abide by those rules and that is where Newcastle have come unstuck this summer.
#howe #tonali #arsenal
There is obviously a level of frustration from Howe at the direction the club are going in their summer recruitment, though the coach was aware of the necessity for the club to sell players this summer.
Earlier this year, Howe had decided to remain at St James' Park regardless of the inevitably about selling players.
But over the summer, his perspective has changed and he will now be leaving.
In an era of financial regulations, just because you have wealthy owners doesn't mean you can spend big in the transfer window. You have to abide by those rules and that is where Newcastle have come unstuck this summer.
#howe #tonali #arsenal
8 hours ago
After trying Meta Platforms' (META) AI glasses lineup, Wall Street ****** ysts have turned bullish on the company's hardware ambitions, a possible change of heart considering how much money Meta has lost on Reality Labs and virtual reality (VR). Improved cameras, comfortability, and enhanced audio were the main drivers of the positive reception. Jefferies ****** ysts believe the glasses could become a real new growth driver for the company after testing the Ray-Ban Meta Gen2, Oakley Meta, and Ray-Ban Display. But what caught my attention was not hidden in the product notes — it was in the price tags of $379, $499, and $799, respectively. This pricing points to a long-term strategy designed to generate repeat purchases over years, not a single sale.
Starting with the entry point, the Ray-Ban Meta Gen2 is only voice-first, camera-equipped, and with no display. Next, the Oakley Meta at $499 pushes into a sportier niche at a slightly higher price. Finally, at $799, the Ray-Ban Display with Neural band is Meta's top-of-the-line model — the only one with an actual screen and gesture control. This product lineup clearly shows something that Meta is trying to build on: Pulling customers up the ladder over successive purchases rather than selling them a single product once.
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Broadcom Leads 3 AI Stocks Quietly Raising Their Dividends, One by 161%
#product #next #earnings
Starting with the entry point, the Ray-Ban Meta Gen2 is only voice-first, camera-equipped, and with no display. Next, the Oakley Meta at $499 pushes into a sportier niche at a slightly higher price. Finally, at $799, the Ray-Ban Display with Neural band is Meta's top-of-the-line model — the only one with an actual screen and gesture control. This product lineup clearly shows something that Meta is trying to build on: Pulling customers up the ladder over successive purchases rather than selling them a single product once.
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Broadcom Leads 3 AI Stocks Quietly Raising Their Dividends, One by 161%
#product #next #earnings
8 hours ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by a rapid transition to value-based pricing and global energy surcharges, which offset rising commodity costs within a single quarter.
The Global High-Tech platform has emerged as the primary growth engine, scaling from $150 million in 2021 to an annualized run rate of $1.5 billion following the CoolIT acquisition.
Life Sciences performance reached a strategic inflection point with 15% growth, driven by market share gains in bioprocessing and the scaling of commercial manufacturing for customers.
The 'One Ecolab' initiative is successfully driving mid-single-digit growth in core businesses like Food & Beverage through integrated water and food safety cross-selling.
#performance #global #driven #NVIDIA
Performance was driven by a rapid transition to value-based pricing and global energy surcharges, which offset rising commodity costs within a single quarter.
The Global High-Tech platform has emerged as the primary growth engine, scaling from $150 million in 2021 to an annualized run rate of $1.5 billion following the CoolIT acquisition.
Life Sciences performance reached a strategic inflection point with 15% growth, driven by market share gains in bioprocessing and the scaling of commercial manufacturing for customers.
The 'One Ecolab' initiative is successfully driving mid-single-digit growth in core businesses like Food & Beverage through integrated water and food safety cross-selling.
#performance #global #driven #NVIDIA
8 hours ago
Investor Steve Eisman sold Alphabet and boosted cash, warning that crowded AI exposure could magnify a market correction.
Artificial intelligence has propelled equities higher, filled corporate spending plans, and changed the bond market.
Investor Steve Eisman now concerns himself that the two seemingly independent trends have turned into one trade.
Eisman told CNBC he decreased his AI risk by selling his longtime stake in Alphabet (GOOGL). He has not bought defensive stocks to replace his Alphabet stake and is keeping cash while he considers what to do next.
He isn't betting against the market. He frets about what happens if companies can't get an adequate return on the hundreds of billions of dollars being poured into AI infrastructure.
#alphabet #investor #steve
Artificial intelligence has propelled equities higher, filled corporate spending plans, and changed the bond market.
Investor Steve Eisman now concerns himself that the two seemingly independent trends have turned into one trade.
Eisman told CNBC he decreased his AI risk by selling his longtime stake in Alphabet (GOOGL). He has not bought defensive stocks to replace his Alphabet stake and is keeping cash while he considers what to do next.
He isn't betting against the market. He frets about what happens if companies can't get an adequate return on the hundreds of billions of dollars being poured into AI infrastructure.
#alphabet #investor #steve
13 hours ago
Semiconductor stocks are falling out of bed and flashing red. Under the market's hood, the rally is still running green.
The PHLX Semiconductor Index (^SOX) briefly broke below 11,000 Tuesday, now down over 25% from its June peak, as another wave of selling swept from South Korea through US chip stocks.
The test marks the latest failure for a group that was already testing a make-or-break level earlier this month. The Roundhill Memory ETF (DRAM) fell roughly 11% Tuesday and is down over 40% from its June high.
The damage runs through some of the biggest memory names.
SK Hynix (SKHY) fell to an all-time low in US trading after dropping below the $149 offering price from its blockbuster US debut earlier this month.
#tuesday
The PHLX Semiconductor Index (^SOX) briefly broke below 11,000 Tuesday, now down over 25% from its June peak, as another wave of selling swept from South Korea through US chip stocks.
The test marks the latest failure for a group that was already testing a make-or-break level earlier this month. The Roundhill Memory ETF (DRAM) fell roughly 11% Tuesday and is down over 40% from its June high.
The damage runs through some of the biggest memory names.
SK Hynix (SKHY) fell to an all-time low in US trading after dropping below the $149 offering price from its blockbuster US debut earlier this month.
#tuesday
18 hours ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sphere Entertainment Co. (NYSE:SPHR). Sphere Entertainment Co. (NYSE:SPHR) is a US-based live entertainment and media company. On July 27, 2026, Sphere Entertainment Co. (NYSE:SPHR) closed at $139.95 per share, reflecting a market capitalization of $5.01 billion. Sphere Entertainment Co. (NYSE:SPHR) posted a one-month return of -19.12%, while its shares gained 227.98% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sphere Entertainment Co. (NYSE:SPHR) in its Q2 2026 investor update:
"During the quarter, Sphere Entertainment Co. (NYSE:SPHR) continued its strong performance as the market realizes the strong underlying unit economics, in the face of weaker Las Vegas Strip attendance. Continued success in Vegas makes selling future Spheres easier. Sphere Abu Dhabi remains on track, which, given the ongoing war, was a concern. Finally, Sphere announced a new immersive experience, "Rocky Horror Picture," which should add incremental, high-margin shows to the slate, increasing utilization. While the Sphere story has largely played out (at least episode 1), we are inclined to let an N=1 ***** et the leeway to become a large position even though the valuation is much diXerent today. Great ***** ets and management teams oVen have longer right tails than one may initially underwrite. While most believe Vegas is forever in decline, visitation trends were positive y/y in May and represented the 3rd month of the year with positive y/y growth. Visitation and comps are substantially easier, concerts continue to perform well, and new Qlms should drive visitation and revisitation at strong rates, even with The Wizard of Oz coming up to its Qrst anniversary. While the Sphere show slate is nearing the optimal/maximum number of shows per year, the exosphere is an incremental high-margin opportunity that will become an important revenue driver."
#NYSE #sphr #stevens
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sphere Entertainment Co. (NYSE:SPHR). Sphere Entertainment Co. (NYSE:SPHR) is a US-based live entertainment and media company. On July 27, 2026, Sphere Entertainment Co. (NYSE:SPHR) closed at $139.95 per share, reflecting a market capitalization of $5.01 billion. Sphere Entertainment Co. (NYSE:SPHR) posted a one-month return of -19.12%, while its shares gained 227.98% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sphere Entertainment Co. (NYSE:SPHR) in its Q2 2026 investor update:
"During the quarter, Sphere Entertainment Co. (NYSE:SPHR) continued its strong performance as the market realizes the strong underlying unit economics, in the face of weaker Las Vegas Strip attendance. Continued success in Vegas makes selling future Spheres easier. Sphere Abu Dhabi remains on track, which, given the ongoing war, was a concern. Finally, Sphere announced a new immersive experience, "Rocky Horror Picture," which should add incremental, high-margin shows to the slate, increasing utilization. While the Sphere story has largely played out (at least episode 1), we are inclined to let an N=1 ***** et the leeway to become a large position even though the valuation is much diXerent today. Great ***** ets and management teams oVen have longer right tails than one may initially underwrite. While most believe Vegas is forever in decline, visitation trends were positive y/y in May and represented the 3rd month of the year with positive y/y growth. Visitation and comps are substantially easier, concerts continue to perform well, and new Qlms should drive visitation and revisitation at strong rates, even with The Wizard of Oz coming up to its Qrst anniversary. While the Sphere show slate is nearing the optimal/maximum number of shows per year, the exosphere is an incremental high-margin opportunity that will become an important revenue driver."
#NYSE #sphr #stevens
18 hours ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On July 27, 2026, Sotera Health Company (NASDAQ:SHC) closed at $17.24 per share, reflecting a market capitalization of $4.92 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of -2.87%, while its shares gained 42.01% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor update:
"Sotera Health Company (NASDAQ:SHC): We have been following Sotera Health for several years. The business is exceptional: a sterilization duopoly with Sterigenics and Steris combined controlling an estimated 70% of the sterilization market. Sotera's Sterigenics business boasts 50% EBITDA margins, mission-critical regulated services, and cobalt-60 production that is nearly impossible to replicate. Yet we never bought it because of one thing: Warburg Pincus held a material stake and was consistently selling into the market. We do not buy high quality businesses where forced sellers will pressure the stock regardless of fundamental improvement. We look for situations where forced sellers create dislocation, allowing us to buy a stock for cheaper than what it would trade for without such selling pressure. On the bip side, we look to sell into forced buyers pushing stock prices up irrespective of fundamentals. In early 2026, Warburg sold its last share. Combined with a valuation that was cheap given the quality of the business model, we thought it made sense to purchase the stock.
At their November 2024 Investor Day, management outlined a 2025-2027 plan targeting 5%-7% organic revenue growth and 5%-8% adjusted EBITDA growth, with at least 50bps of EBITDA margin expansion annually. Sterigenics represents over 60% of revenue, and we expect
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On July 27, 2026, Sotera Health Company (NASDAQ:SHC) closed at $17.24 per share, reflecting a market capitalization of $4.92 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of -2.87%, while its shares gained 42.01% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor update:
"Sotera Health Company (NASDAQ:SHC): We have been following Sotera Health for several years. The business is exceptional: a sterilization duopoly with Sterigenics and Steris combined controlling an estimated 70% of the sterilization market. Sotera's Sterigenics business boasts 50% EBITDA margins, mission-critical regulated services, and cobalt-60 production that is nearly impossible to replicate. Yet we never bought it because of one thing: Warburg Pincus held a material stake and was consistently selling into the market. We do not buy high quality businesses where forced sellers will pressure the stock regardless of fundamental improvement. We look for situations where forced sellers create dislocation, allowing us to buy a stock for cheaper than what it would trade for without such selling pressure. On the bip side, we look to sell into forced buyers pushing stock prices up irrespective of fundamentals. In early 2026, Warburg sold its last share. Combined with a valuation that was cheap given the quality of the business model, we thought it made sense to purchase the stock.
At their November 2024 Investor Day, management outlined a 2025-2027 plan targeting 5%-7% organic revenue growth and 5%-8% adjusted EBITDA growth, with at least 50bps of EBITDA margin expansion annually. Sterigenics represents over 60% of revenue, and we expect
18 hours ago
Altria Group (NYSE:MO) sells cigarettes, oral nicotine pouches, and vapor products to adult tobacco users in the US. It's the parent of Marlboro, still the country's top-selling cigarette brand. The stock showed up in Donald Trump's disclosed portfolio, and it's easy to see the appeal: over 50 straight years of dividend increases and a business that doesn't move much with the economic cycle.
Altria stock is up around 25% year to date. Over the trailing 12 months, the stock is up about 24%, ahead of the market's 19% gain. Only Philip Morris, up 21% YTD, comes close among the major tobacco names. British American Tobacco and ***** an Tobacco are each up 10%.
Altria's Q1 2026 earnings beat expectations on both lines. Net revenue grew 3.2% year over year mostly from pricing, not volume. Adjusted diluted EPS grew 7.3%, up from 4.4% growth in 2025.
The volume story is also improving. Altria's smokeable segment declined just 4% in Q1 2026, down sharply from a 12% decline a year earlier. On the oral tobacco side, on! PLUS nicotine pouches rolled out nationwide in March and are now in roughly 100,000 stores, covering 85% of the nicotine pouch category by volume. On!'s own volume grew 17.6% year-over-year in Q1, after growing 11% for all of 2025. It's also the first product authorized under the FDA's streamlined pilot review program for oral nicotine pouches.
Valuation
#tobacco #oral #grew #group
Altria stock is up around 25% year to date. Over the trailing 12 months, the stock is up about 24%, ahead of the market's 19% gain. Only Philip Morris, up 21% YTD, comes close among the major tobacco names. British American Tobacco and ***** an Tobacco are each up 10%.
Altria's Q1 2026 earnings beat expectations on both lines. Net revenue grew 3.2% year over year mostly from pricing, not volume. Adjusted diluted EPS grew 7.3%, up from 4.4% growth in 2025.
The volume story is also improving. Altria's smokeable segment declined just 4% in Q1 2026, down sharply from a 12% decline a year earlier. On the oral tobacco side, on! PLUS nicotine pouches rolled out nationwide in March and are now in roughly 100,000 stores, covering 85% of the nicotine pouch category by volume. On!'s own volume grew 17.6% year-over-year in Q1, after growing 11% for all of 2025. It's also the first product authorized under the FDA's streamlined pilot review program for oral nicotine pouches.
Valuation
#tobacco #oral #grew #group
18 hours ago
The EMA GARP Fund, managed by Equity Management ****** ociates, recently released its second-quarter investor letter for 2026. The letter can be downloaded here. The letter emphasizes that capital expenditures in artificial intelligence (AI) are driving growth and earnings, despite extreme valuations in the U.S. market, which resemble a bubble-like situation. It also discusses the impact of passive ETF flows, fiscal deficits, and inflationary policies. For the quarter, the Fund's value decreased by 20.00%, and it is down 21.96% for the first half of the year, even though AI and related growth stocks were prominent during Q2. Additionally, the firm identified precious metals miners as a potentially strong investment, noting that they are significantly undervalued and present substantial asymmetrical opportunities. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, the EMA GARP Fund highlighted Aris Mining Corporation (NYSE:ARIS). Aris Mining Corporation (NYSE:ARIS) is a Canadian gold miner that engages in the acquisition, exploration, development, and operation of gold properties. On July 27, 2026, Aris Mining Corporation (NYSE:ARIS) closed at $14.86 per share, reflecting a market capitalization of $3.06 billion. Aris Mining Corporation (NYSE:ARIS) posted a one-month return of -0.34%, while its shares gained 106.68% over the past 52 weeks.
The EMA GARP Fund stated the following regarding Aris Mining Corporation (NYSE:ARIS) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris Mining Corporation (NYSE:ARIS) and Avino. Crazy cheap and massive asymmetry.
Aris is an emerging mid-tier producer with two operating mines in Colombia (Marmato and Segovia) and two large development projects, one in Colombia and one in Guyana. In 2025, they produced 257,000 ounces of gold. Their average selling cost was $3,526/ounce and their average mining cost (AISC) was $1,705/ounce. So, their gross mine profit was $467 million. In 2026, they have guided production between 300,000 and 350,000 ounces at similar costs. The mid-point of guidance equals a 26% growth in ounces produced. They have plans to increase the production in the existing mines after 2026 and their target is to become a 1 million ounce producer within 5 years. In the Q1 2026, they generated EBITDA of $212 million (a run rate of $800 million per year which is the same as the Bloomberg consensus estimates). So, the Company is trading at only 3.75x EBITDA. This compares favorably to the average EBITDA multiple of the S&P 500 which is currently 17x and even more so compared to the MAG-7 stocks which trade at an average multiple of 28x..." (Click here to r
In its Q2 2026 investor letter, the EMA GARP Fund highlighted Aris Mining Corporation (NYSE:ARIS). Aris Mining Corporation (NYSE:ARIS) is a Canadian gold miner that engages in the acquisition, exploration, development, and operation of gold properties. On July 27, 2026, Aris Mining Corporation (NYSE:ARIS) closed at $14.86 per share, reflecting a market capitalization of $3.06 billion. Aris Mining Corporation (NYSE:ARIS) posted a one-month return of -0.34%, while its shares gained 106.68% over the past 52 weeks.
The EMA GARP Fund stated the following regarding Aris Mining Corporation (NYSE:ARIS) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris Mining Corporation (NYSE:ARIS) and Avino. Crazy cheap and massive asymmetry.
Aris is an emerging mid-tier producer with two operating mines in Colombia (Marmato and Segovia) and two large development projects, one in Colombia and one in Guyana. In 2025, they produced 257,000 ounces of gold. Their average selling cost was $3,526/ounce and their average mining cost (AISC) was $1,705/ounce. So, their gross mine profit was $467 million. In 2026, they have guided production between 300,000 and 350,000 ounces at similar costs. The mid-point of guidance equals a 26% growth in ounces produced. They have plans to increase the production in the existing mines after 2026 and their target is to become a 1 million ounce producer within 5 years. In the Q1 2026, they generated EBITDA of $212 million (a run rate of $800 million per year which is the same as the Bloomberg consensus estimates). So, the Company is trading at only 3.75x EBITDA. This compares favorably to the average EBITDA multiple of the S&P 500 which is currently 17x and even more so compared to the MAG-7 stocks which trade at an average multiple of 28x..." (Click here to r
19 hours ago
By Rachel More
BERLIN, July 28 (Reuters) - Mercedes-Benz's CEO pledged on Tuesday to shield its U.S. business from a possible sales ban, as concerns in Washington over the German carmaker's Chinese investors threaten it with exclusion from one of its few remaining growth markets.
The U.S. Senate Commerce Committee approved legislation last week to toughen a ban on Chinese automakers entering the U.S. market that could, in theory, bar Mercedes from selling vehicles there, since its top two shareholders are Chinese.
"If we need to make adjustments to comply with anything, we will make sure that we protect our presence and our business in the U.S.," CEO Ola Kaellenius said, as the company reported second-quarter results.
"We are not naive about the geopolitical environment and the competition between the United States and China."
#rachel #tuesday
BERLIN, July 28 (Reuters) - Mercedes-Benz's CEO pledged on Tuesday to shield its U.S. business from a possible sales ban, as concerns in Washington over the German carmaker's Chinese investors threaten it with exclusion from one of its few remaining growth markets.
The U.S. Senate Commerce Committee approved legislation last week to toughen a ban on Chinese automakers entering the U.S. market that could, in theory, bar Mercedes from selling vehicles there, since its top two shareholders are Chinese.
"If we need to make adjustments to comply with anything, we will make sure that we protect our presence and our business in the U.S.," CEO Ola Kaellenius said, as the company reported second-quarter results.
"We are not naive about the geopolitical environment and the competition between the United States and China."
#rachel #tuesday
20 hours ago
Bestselling Texas author Benjamin Alire Sáenz died on Tuesday, July 28, his publisher confirmed to PEOPLE
Sáenz is best known for penning Aristotle and Dante Discover the Secrets of the Universe, Calendar of Dust and Everything Begins and Ends at the Kentucky Club
His final novel, When the World Was Happy, will be released posthumously on Sept. 29
Author Benjamin Alire Sáenz, best known for writing Aristotle and Dante Discover the Secrets of the Universe and Everything Begins and Ends at the Kentucky Club, has died.
Sáenz's publisher Simon & Schuster confirmed to PEOPLE that the Mexican-American author died on Tuesday, July 28. According to El Paso Matters, Sáenz had a "lengthy illness" prior to his death.
#died #people
Sáenz is best known for penning Aristotle and Dante Discover the Secrets of the Universe, Calendar of Dust and Everything Begins and Ends at the Kentucky Club
His final novel, When the World Was Happy, will be released posthumously on Sept. 29
Author Benjamin Alire Sáenz, best known for writing Aristotle and Dante Discover the Secrets of the Universe and Everything Begins and Ends at the Kentucky Club, has died.
Sáenz's publisher Simon & Schuster confirmed to PEOPLE that the Mexican-American author died on Tuesday, July 28. According to El Paso Matters, Sáenz had a "lengthy illness" prior to his death.
#died #people
20 hours ago
Juliette Lewis is cleaning out vintage pieces of her wardrobe, including boots she wore during her relationship with Brad Pitt
The actress showed off the boots, as well as other items with "sentimental value," on Instagram on July 28
Lewis and Pitt dated from late 1989 to 1993, and costarred in two films together
Juliette Lewis is bidding some of her former closet staples goodbye!
The actress, 53, showed off some of her favorite pieces from the '90s in a "featurette" about the clothes before reselling them through luxury reseller The RealReal on Tuesday, July 28. In a series of Instagram Stories posts, she shared the stories behind several of the items — including a pair of red boots she wore during her relationship with ex-boyfriend Brad Pitt.
#july #stories
The actress showed off the boots, as well as other items with "sentimental value," on Instagram on July 28
Lewis and Pitt dated from late 1989 to 1993, and costarred in two films together
Juliette Lewis is bidding some of her former closet staples goodbye!
The actress, 53, showed off some of her favorite pieces from the '90s in a "featurette" about the clothes before reselling them through luxury reseller The RealReal on Tuesday, July 28. In a series of Instagram Stories posts, she shared the stories behind several of the items — including a pair of red boots she wore during her relationship with ex-boyfriend Brad Pitt.
#july #stories
21 hours ago
Dorinda Medley is selling a rare 3.689-acre parcel of her iconic Blue Stone Manor estate in the Berkshires for $1.2 million
The RHONY alum and Golden Life star tells PEOPLE she decided to list the Massachusetts parcel while planning her estate and thinking about daughter Hannah's future
Medley also reflects on Blue Stone Manor's lasting Bravo legacy, her late husband Richard's surprise purchase of the home and the millions they spent restoring it
Blue Stone Manor has long been one of the most famous homes in the Bravo universe. Now, for the first time, one lucky buyer will have the chance to become part of it.
PEOPLE can exclusively reveal that Dorinda Medley is selling just under 3.7 acres from her famed Great Barrington, Mass., estate for $1.2 million — a rare opportunity that will allow a buyer to build a home on land that's long been part of the iconic property, with the Real Housewives of New York City alum's beloved Tudor mansion serving as its backdrop.
#stone #dorinda #people
The RHONY alum and Golden Life star tells PEOPLE she decided to list the Massachusetts parcel while planning her estate and thinking about daughter Hannah's future
Medley also reflects on Blue Stone Manor's lasting Bravo legacy, her late husband Richard's surprise purchase of the home and the millions they spent restoring it
Blue Stone Manor has long been one of the most famous homes in the Bravo universe. Now, for the first time, one lucky buyer will have the chance to become part of it.
PEOPLE can exclusively reveal that Dorinda Medley is selling just under 3.7 acres from her famed Great Barrington, Mass., estate for $1.2 million — a rare opportunity that will allow a buyer to build a home on land that's long been part of the iconic property, with the Real Housewives of New York City alum's beloved Tudor mansion serving as its backdrop.
#stone #dorinda #people
23 hours ago
Amy Winehouse's father must pay just under £1m to two of his daughter's friends after a failed High Court claim over the auctioning of the late singer's items.
Mitch Winehouse also racked up at least £950,000 in his own legal costs in the failed attempt against Naomi Parry and Catriona Gourlay.
He claimed the women had profited from selling dozens of his daughter's items at auctions in the US in 2021 and 2023, accusing them of having "deliberately concealed" their sale.
But Ms Justice Clarke threw out the claim earlier this year, finding that he "knew all along" about the intended sale and only afterwards had begun to pursue them for money in an "aggressive and unpleasant way".
In a judgment on Wednesday, she said: "The claimant chose to bring an inherently weak claim, pursue it aggressively and relentlessly to the end, and make serious and unfounded allegations against the defendants which significantly damaged their reputations, career prospects, financial security and health."
#claim #failed #high
Mitch Winehouse also racked up at least £950,000 in his own legal costs in the failed attempt against Naomi Parry and Catriona Gourlay.
He claimed the women had profited from selling dozens of his daughter's items at auctions in the US in 2021 and 2023, accusing them of having "deliberately concealed" their sale.
But Ms Justice Clarke threw out the claim earlier this year, finding that he "knew all along" about the intended sale and only afterwards had begun to pursue them for money in an "aggressive and unpleasant way".
In a judgment on Wednesday, she said: "The claimant chose to bring an inherently weak claim, pursue it aggressively and relentlessly to the end, and make serious and unfounded allegations against the defendants which significantly damaged their reputations, career prospects, financial security and health."
#claim #failed #high
23 hours ago
Meghan Markle attended a screening for the Cookie Queens documentary in Los Angeles
The ***** ss of Sussex and Prince Harry are executive producers on the documentary, which follows a group of Girl Scouts through cookie-selling season
During a Q&A, Meghan shared what her children, Prince Archie and Princess Lilibet, "loved" about the process
Meghan Markle's involvement with Cookie Queens came with a bonus perk for her children, Prince Archie and Princess Lilibet.
The ***** ss of Sussex, 44, and her husband, Prince Harry, 41, served as executive producers on the documentary, set for a theatrical release on Aug. 7, which follows a group of Girl Scouts through the competitive whirlwind of their annual cookie-selling season. On Tuesday, July 28, Meghan attended a special screening of the film in Los Angeles, and she and director Alysa Nahmias answered questions from the audience about what drew them to the project.
#prince #documentary #queens #angeles
The ***** ss of Sussex and Prince Harry are executive producers on the documentary, which follows a group of Girl Scouts through cookie-selling season
During a Q&A, Meghan shared what her children, Prince Archie and Princess Lilibet, "loved" about the process
Meghan Markle's involvement with Cookie Queens came with a bonus perk for her children, Prince Archie and Princess Lilibet.
The ***** ss of Sussex, 44, and her husband, Prince Harry, 41, served as executive producers on the documentary, set for a theatrical release on Aug. 7, which follows a group of Girl Scouts through the competitive whirlwind of their annual cookie-selling season. On Tuesday, July 28, Meghan attended a special screening of the film in Los Angeles, and she and director Alysa Nahmias answered questions from the audience about what drew them to the project.
#prince #documentary #queens #angeles
24 hours ago
Vinted, one of Europe's largest marketplaces for buying and selling pre-owned items between private individuals, will direct customers in Germany to ship or exchange goods through DHL Group's (XETRA: DHL) network of parcel lockers and digital kiosks, under a new strategic partnership aimed at making peer-to-peer purchases as convenient as ones through online retailers.
Private-party sales of used items through online marketplaces have become very popular in Germany. According to the latest DHL E-Commerce Trends Report, 67% of online shoppers in the country have already sold items via a digital platform.
Vinted and DHL announced Wednesday they are working together to expand and simplify the shipping and collection of Vinted parcels through DHL's network of Packstations (automated, self-service locker systems that allows users to send, receive and drop-off parcels around the clock), Poststations (digital Deutsche Post retail outlets where users can take care of postal business) and DeinFach lockers (a carrier neutral parcel locker network).
DHL operates the most extensive parcel shipping network in Germany, including 41,000 parcel drop-off and collection points at post offices, parcel shops and automated facilities.
The Vinted collaboration builds on a multi-month pilot program that both companies recently completed, DHL spokeswoman Sarah Preuss explained in an email message.
#parcel
Private-party sales of used items through online marketplaces have become very popular in Germany. According to the latest DHL E-Commerce Trends Report, 67% of online shoppers in the country have already sold items via a digital platform.
Vinted and DHL announced Wednesday they are working together to expand and simplify the shipping and collection of Vinted parcels through DHL's network of Packstations (automated, self-service locker systems that allows users to send, receive and drop-off parcels around the clock), Poststations (digital Deutsche Post retail outlets where users can take care of postal business) and DeinFach lockers (a carrier neutral parcel locker network).
DHL operates the most extensive parcel shipping network in Germany, including 41,000 parcel drop-off and collection points at post offices, parcel shops and automated facilities.
The Vinted collaboration builds on a multi-month pilot program that both companies recently completed, DHL spokeswoman Sarah Preuss explained in an email message.
#parcel
1 day ago
SpaceX (SPCX) stock came back under pressure on Wednesday, reversing yesterday's bounce, as a broader market and tech sell-off adds to investor caution ahead of ****** eX's first earnings report.
Shares were down nearly 3%, giving back Tuesday's rebound. ****** eX has now shed nearly 30% from its $150 market debut last month and is down roughly 50% from its all-time high of $225.64.
The broader market was also under pressure, with the S&P 500 down 0.8% and the Nasdaq shedding 1%, as chipmakers weighed on the index.
Concern has been building ahead of ****** eX's second quarter earnings report set for August 4th, with a share unlock on August 6th too that frees as much as 20% of shares under the company's lockup plan.
The renewed selling comes days after Starship launched Friday evening from Starbase, Texas, on its 13th test flight — the first since ****** eX's June IPO. Starship deployed all 20 of its next-generation Starlink V3 satellites, relit an engine in ****** e, and made what ****** eX called its softest ocean splashdown yet.
#SpaceX #shares #ahead
Shares were down nearly 3%, giving back Tuesday's rebound. ****** eX has now shed nearly 30% from its $150 market debut last month and is down roughly 50% from its all-time high of $225.64.
The broader market was also under pressure, with the S&P 500 down 0.8% and the Nasdaq shedding 1%, as chipmakers weighed on the index.
Concern has been building ahead of ****** eX's second quarter earnings report set for August 4th, with a share unlock on August 6th too that frees as much as 20% of shares under the company's lockup plan.
The renewed selling comes days after Starship launched Friday evening from Starbase, Texas, on its 13th test flight — the first since ****** eX's June IPO. Starship deployed all 20 of its next-generation Starlink V3 satellites, relit an engine in ****** e, and made what ****** eX called its softest ocean splashdown yet.
#SpaceX #shares #ahead
1 day ago
Left back Nathaniel Brown has said he wants to continu8e to impress and Bayern Munich like at previous club Eintracht Frankfurt and in the German national team.
"I want to show what I can do. I know what I can do and what I can't," Brown said at his presentation on Wednesday at Bayern's pre-season training camp in the Bavarian town of Rottach-Egern.
"The coach has already shown me what I do well. I've spoken with him a lot. I want to play as many games as possible, help the team, and ultimately win ***** les."
Brown will compete with Alphonso Davies for the left back position. The Canada captain has been plagued by injuries, but Bayern board member for sport Max Eberl said they are not really considering selling him.
Brown made a big impression in Frankfurt which brought him into the national team, where he was among very few German players to do well at the World Cup where the team went out in the last 32.
#team #german #national #well
"I want to show what I can do. I know what I can do and what I can't," Brown said at his presentation on Wednesday at Bayern's pre-season training camp in the Bavarian town of Rottach-Egern.
"The coach has already shown me what I do well. I've spoken with him a lot. I want to play as many games as possible, help the team, and ultimately win ***** les."
Brown will compete with Alphonso Davies for the left back position. The Canada captain has been plagued by injuries, but Bayern board member for sport Max Eberl said they are not really considering selling him.
Brown made a big impression in Frankfurt which brought him into the national team, where he was among very few German players to do well at the World Cup where the team went out in the last 32.
#team #german #national #well
1 day ago
A Wisconsin brewery known for anti-Trump social media posts, including one promising a free beer promotion upon the death of President Donald Trump, has had its permit to operate in the state revoked by state officials.
The Milwaukee Journal Sentinel reported Monday that liberal activist and brewery owner Kirk Bangstad is "vowing to fight 'tooth and nail' after receiving a letter from the state's Department of Revenue revoking Minocqua Brewing Co.'s permit to operate in Wisconsin, according to a July 26 newsletter sent to his supporters."
"As you can imagine, I'm not taking this lying down," Bangstad wrote in a Substack post on Sunday. "We're going to fight the state of Wisconsin tooth and nail, and once again, they'll have to pry me out of my taprooms before I stop selling beer to thirsty progressives who come to visit us."
Wisconsin Dem's Bar Laments 'We Almost Got Free Beer Day' For Trump ******* assination
President Donald Trump took a victory lap over a judge's ruling allowing his legal team to amend his $15 billion defamation lawsuit against The New York Times.
#Trump #donald #free
The Milwaukee Journal Sentinel reported Monday that liberal activist and brewery owner Kirk Bangstad is "vowing to fight 'tooth and nail' after receiving a letter from the state's Department of Revenue revoking Minocqua Brewing Co.'s permit to operate in Wisconsin, according to a July 26 newsletter sent to his supporters."
"As you can imagine, I'm not taking this lying down," Bangstad wrote in a Substack post on Sunday. "We're going to fight the state of Wisconsin tooth and nail, and once again, they'll have to pry me out of my taprooms before I stop selling beer to thirsty progressives who come to visit us."
Wisconsin Dem's Bar Laments 'We Almost Got Free Beer Day' For Trump ******* assination
President Donald Trump took a victory lap over a judge's ruling allowing his legal team to amend his $15 billion defamation lawsuit against The New York Times.
#Trump #donald #free
1 day ago
FIFA will ask its 211 member ******* ociations to vote on its controversial plan to sell minority stakes in the World Cup in September, multiple outlets reported—although the plan has already been criticized by soccer governing bodies in the Americas, Asia and Europe.
FIFA confirmed plans to raise $4.2 billion for a new entity controlling the nonprofit's "commercial and event operations" at a $20 billion equity valuation.
In a deal first reported by The Times and the Financial Times, FIFA is planning to raise an estimated $4.2 billion in 2026 by selling a reported 20% minority stake in a new subsidiary at an equity valuation of $20 billion.
FIFA confirmed the plans in an announcement on Tuesday morning, which said the new company would be called FIFA Forward Enterprise and would control the nonprofit organization's "commercial and event operations."
FIFA's 211 member ******* ociations would each be given $20 million in funding if the deal goes through, the organization said, and annual funds to members would continue increasing through 2038.
#reported #associations #minority #plans
FIFA confirmed plans to raise $4.2 billion for a new entity controlling the nonprofit's "commercial and event operations" at a $20 billion equity valuation.
In a deal first reported by The Times and the Financial Times, FIFA is planning to raise an estimated $4.2 billion in 2026 by selling a reported 20% minority stake in a new subsidiary at an equity valuation of $20 billion.
FIFA confirmed the plans in an announcement on Tuesday morning, which said the new company would be called FIFA Forward Enterprise and would control the nonprofit organization's "commercial and event operations."
FIFA's 211 member ******* ociations would each be given $20 million in funding if the deal goes through, the organization said, and annual funds to members would continue increasing through 2038.
#reported #associations #minority #plans
1 day ago
Gianni Infantino is billing it as the democratisation of football.
But Fifa's announcement that it aims to sell off stakes in its football competitions - including the World Cup - to private investors via ***** ociates of US President Donald Trump has been met with incredulity and rage from fans, politicians and regional governing bodies.
The big selling point, according to Infantino, is $20m (£15m) in funding given to all Fifa countries to "develop the game" once the deal is finalised.
This is the boldest move Infantino, an administrator who views himself as a world leader on par with presidents and prime ministers, has made in the decade since he became Fifa president.
If Fifa pushes the plan through, he will have consolidated his power for the long-term future and made investors wealthy along the way.
#fifa #president #investors
But Fifa's announcement that it aims to sell off stakes in its football competitions - including the World Cup - to private investors via ***** ociates of US President Donald Trump has been met with incredulity and rage from fans, politicians and regional governing bodies.
The big selling point, according to Infantino, is $20m (£15m) in funding given to all Fifa countries to "develop the game" once the deal is finalised.
This is the boldest move Infantino, an administrator who views himself as a world leader on par with presidents and prime ministers, has made in the decade since he became Fifa president.
If Fifa pushes the plan through, he will have consolidated his power for the long-term future and made investors wealthy along the way.
#fifa #president #investors
2 days ago
The EMA GARP Fund, managed by Equity Management ******* ociates, recently released its second-quarter investor letter for 2026. The letter can be downloaded here. The letter emphasizes that capital expenditures in artificial intelligence (AI) are driving growth and earnings, despite extreme valuations in the U.S. market, which resemble a bubble-like situation. It also discusses the impact of passive ETF flows, fiscal deficits, and inflationary policies. For the quarter, the Fund's value decreased by 20.00%, and it is down 21.96% for the first half of the year, even though AI and related growth stocks were prominent during Q2. Additionally, the firm identified precious metals miners as a potentially strong investment, noting that they are significantly undervalued and present substantial asymmetrical opportunities. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, EMA GARP Fund highlighted Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) is a Canadian precious metal mining company that engages in the acquisition, exploration, and advancement of mineral properties. On July 24, 2026, Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) closed at $5.63 per share, reflecting a market capitalization of $986.77 million. Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) posted a one-month return of -10.21%, while its shares gained 69.07% over the past 52 weeks.
EMA GARP Fund stated the following regarding Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris and Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Crazy cheap and massive asymmetry.
Avino Silver and Gold is a mid-tier producer of mostly silver with some gold and copper credits. They operate two mines which share one mill in Mexico's Durango Province, a generally safe area free of cartel activity. In calendar 2025, they produced 2.6 million silver equivalent ounces at an average cost (AISC) of $23.75/ounce. With an average silver selling price of $44.70 per ounce during the year their average margin was $20.95/ounce. So, at the mine operating level they had contribution of $54 million. After SG&A, EBITDA for 2025 was $28.5 million. However silver prices today ($60/ounce) are substantially above last year's average price and in Q1 of 2026 they had EBITDA of $20 million. Bloomberg ******* yst's consensus for 2026 EBITDA is $80 million. So, the Company is trading at 12.5x EBITDA…." (Click here to read the full text)
#silver #Gold #fund #letter
In its Q2 2026 investor letter, EMA GARP Fund highlighted Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) is a Canadian precious metal mining company that engages in the acquisition, exploration, and advancement of mineral properties. On July 24, 2026, Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) closed at $5.63 per share, reflecting a market capitalization of $986.77 million. Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) posted a one-month return of -10.21%, while its shares gained 69.07% over the past 52 weeks.
EMA GARP Fund stated the following regarding Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris and Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM). Crazy cheap and massive asymmetry.
Avino Silver and Gold is a mid-tier producer of mostly silver with some gold and copper credits. They operate two mines which share one mill in Mexico's Durango Province, a generally safe area free of cartel activity. In calendar 2025, they produced 2.6 million silver equivalent ounces at an average cost (AISC) of $23.75/ounce. With an average silver selling price of $44.70 per ounce during the year their average margin was $20.95/ounce. So, at the mine operating level they had contribution of $54 million. After SG&A, EBITDA for 2025 was $28.5 million. However silver prices today ($60/ounce) are substantially above last year's average price and in Q1 of 2026 they had EBITDA of $20 million. Bloomberg ******* yst's consensus for 2026 EBITDA is $80 million. So, the Company is trading at 12.5x EBITDA…." (Click here to read the full text)
#silver #Gold #fund #letter
2 days ago
September U.S. T-Bond futures (ZNU26) present a selling opportunity on more price weakness.
See on the daily bar chart for September U.S. Treasury bond futures that prices are trending down and last week hit a two-month low. Bears have the near-term technical advantage.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#Stock #bond #bears
See on the daily bar chart for September U.S. Treasury bond futures that prices are trending down and last week hit a two-month low. Bears have the near-term technical advantage.
Dear **** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
#Stock #bond #bears
2 days ago
Is FIFA selling the World Cup? What to know about Gianni Infantino investment plan UEFA says 'crosses a line' originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The 2026 FIFA World Cup was a sensational financial success for FIFA, as the football governing body announced an incredible revenue total of $13 billion for its latest four-year cycle, over a 100% increase from the previous period.
It did not come without controversy. FIFA heavily commercialised its flagship event, vastly increasing ticket prices, introducing a new in-house ticket resale vehicle, and cozying up to the U.S. government throughout the event in North America, all of which sparked significant backlash.
With the 2030 World Cup cycle now under way, FIFA has undertaken the genesis of a new commercial venture, which, on the surface, is set to generate even more cash for the Switzerland-based non-profit.
The investment vehicle, first revealed in reports by Martyn Ziegler of The Times and in the Financial Times and shortly thereafter confirmed by FIFA, has many fans and entities fearful of the direction in which the game of football is heading.
#World #sporting #times
The 2026 FIFA World Cup was a sensational financial success for FIFA, as the football governing body announced an incredible revenue total of $13 billion for its latest four-year cycle, over a 100% increase from the previous period.
It did not come without controversy. FIFA heavily commercialised its flagship event, vastly increasing ticket prices, introducing a new in-house ticket resale vehicle, and cozying up to the U.S. government throughout the event in North America, all of which sparked significant backlash.
With the 2030 World Cup cycle now under way, FIFA has undertaken the genesis of a new commercial venture, which, on the surface, is set to generate even more cash for the Switzerland-based non-profit.
The investment vehicle, first revealed in reports by Martyn Ziegler of The Times and in the Financial Times and shortly thereafter confirmed by FIFA, has many fans and entities fearful of the direction in which the game of football is heading.
#World #sporting #times
2 days ago
The memory maker no longer leads with the cost-cutting story that once defined it, and the bet you own has changed under you.
If you bought Micron Technology (MU) for the company it used to describe, you may not own that company anymore. For years management sold a familiar story: a disciplined memory maker grinding its costs lower through a brutal boom-and-bust cycle. On its most recent earnings call, dated late June 2026, that language barely surfaced, and what management led with instead was contracts.
What Happened To The Get-Cheaper Story?
The old scorecard was costly. Here is how management framed fiscal 2025 on a 2024 call: "expect fiscal 2025 NAND cost reductions to be in the low-to-mid teens." That kind of cost-down guidance is absent from the latest call. Management now expects blended DRAM cost per bit to rise, not fall, as the product mix shifts toward pricier, higher-performance parts. The metric that once proved operating discipline has flipped direction, and management sounds untroubled by it.
So What Is Micron Selling Investors Now?
#management #cost #company
If you bought Micron Technology (MU) for the company it used to describe, you may not own that company anymore. For years management sold a familiar story: a disciplined memory maker grinding its costs lower through a brutal boom-and-bust cycle. On its most recent earnings call, dated late June 2026, that language barely surfaced, and what management led with instead was contracts.
What Happened To The Get-Cheaper Story?
The old scorecard was costly. Here is how management framed fiscal 2025 on a 2024 call: "expect fiscal 2025 NAND cost reductions to be in the low-to-mid teens." That kind of cost-down guidance is absent from the latest call. Management now expects blended DRAM cost per bit to rise, not fall, as the product mix shifts toward pricier, higher-performance parts. The metric that once proved operating discipline has flipped direction, and management sounds untroubled by it.
So What Is Micron Selling Investors Now?
#management #cost #company
2 days ago
For many retirees, selling the family home makes a lot of sense. They don't need three or four bedrooms anymore, or they don't want the hassle of maintaining a large property. Maybe stairs have become impractical. Or maybe they want to relocate in their golden years.
After all, empty-nest baby boomers own 28% of the nation's large homes, according to a report from Redfin.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#bezos
After all, empty-nest baby boomers own 28% of the nation's large homes, according to a report from Redfin.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#bezos
2 days ago
UEFA has taken a firm stance against FIFA, declaring that soccer is 'not theirs to sell' in response to the governing body's controversial proposal. Global soccer's top authority is considering selling stakes in "event operations," presumably such as the World Cup, to private investors, as confirmed in a statement on Tuesday.
The scheme could see FIFA president Gianni Infantino pocket millions should a deal be approved. The administration of U.S. President Donald Trump has reportedly been brought into the discussions via the Kushner family.
While the proposal is still being deliberated internally, it has been met with significant opposition from UEFA, as per The Mirror.
Donald Trump sparks outrage with Harry Kane World Cup comments
Argentina World Cup Final red card rescinded, face potential FIFA disciplinary action
#president
The scheme could see FIFA president Gianni Infantino pocket millions should a deal be approved. The administration of U.S. President Donald Trump has reportedly been brought into the discussions via the Kushner family.
While the proposal is still being deliberated internally, it has been met with significant opposition from UEFA, as per The Mirror.
Donald Trump sparks outrage with Harry Kane World Cup comments
Argentina World Cup Final red card rescinded, face potential FIFA disciplinary action
#president
2 days ago
Is FIFA selling the World Cup? What to know about Gianni Infantino investment plan UEFA says 'crosses a line' originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The 2026 FIFA World Cup was a sensational financial success for FIFA, as the football governing body announced an incredible revenue total of $13 billion for its latest four-year cycle, over a 100% increase from the previous period.
It did not come without controversy. FIFA heavily commercialised its flagship event, vastly increasing ticket prices, introducing a new in-house ticket resale vehicle, and cozying up to the U.S. government throughout the event in North America, all of which sparked significant backlash.
With the 2030 World Cup cycle now under way, FIFA has undertaken the genesis of a new commercial venture, which, on the surface, is set to generate even more cash for the Switzerland-based non-profit.
The investment vehicle, first revealed in reports by Martyn Ziegler of The Times and in the Financial Times and shortly thereafter confirmed by FIFA, has many fans and entities fearful of the direction in which the game of football is heading.
#investment #Event
The 2026 FIFA World Cup was a sensational financial success for FIFA, as the football governing body announced an incredible revenue total of $13 billion for its latest four-year cycle, over a 100% increase from the previous period.
It did not come without controversy. FIFA heavily commercialised its flagship event, vastly increasing ticket prices, introducing a new in-house ticket resale vehicle, and cozying up to the U.S. government throughout the event in North America, all of which sparked significant backlash.
With the 2030 World Cup cycle now under way, FIFA has undertaken the genesis of a new commercial venture, which, on the surface, is set to generate even more cash for the Switzerland-based non-profit.
The investment vehicle, first revealed in reports by Martyn Ziegler of The Times and in the Financial Times and shortly thereafter confirmed by FIFA, has many fans and entities fearful of the direction in which the game of football is heading.
#investment #Event
