Michael Burry's short targets Applied Materials after shares fell 26% from their peak, now trading at a steep 53x trailing price-to-earnings multiple.
China shifting to domestic toolmakers and potentially pulled-forward memory CapEx pose the two biggest risks to Applied Materials' future order pipeline.
Micron delivers cleaner, lower-valuation exposure to the memory boom than owning the equipment supplier one step removed from actual chip production.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Applied Materials didn't make the cut. Grab the names FREE today.
There's no mystery why Dr. Michael Burry is so bearish on the semi trade. It's overheated, and if you think AI is in a bubble, it just makes sense to bet against the broad basket. With an individual bearish position in Applied Materials (NASDAQ:AMAT), though, questions linger as to whether there's more pain to be had in the individual name targeted by the great Michael Burry.

#michael #memory #bearish #individual

Every major AI chip story seems to lead back to Arm Holdings (ARM) as the industry's biggest players rely on the company's architecture to build their processors. As ARM gears up for its fiscal Q1 earnings on July 29, investors are eager to see if the company can continue to translate strong demand into sustained growth needed to justify its premium valuation.
Valued at $277.7 billion, Arm Holdings develops the processor technology that powers billions of chips globally, licenses that technology to semiconductor firms, and gets royalties on each chip shipped. The company earns money through licensing revenue and royalty revenue. While historically, Arm's business was dominated by smartphones, today its processors power PCs and laptops, cloud servers, AI data centers, automotive chips, smart TVs, IoT devices, and much more. Thanks to AI, the company now has new growth opportunities in Cloud AI, Edge AI, and Physical AI.
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 #chip #processors

The AI memory supercycle has emerged as one of 2026's most defining stories, and also one of its most contested. Hyperscaler capital expenditure is expected to reach $750 billion this year, with Goldman Sachs forecasting $7.6 trillion in total AI infrastructure spending through 2031, resulting in a supply shortage of NAND and DRAM memory as data center demand for high-performance storage clashes against the chipmakers' capacity limitations.
That scarcity has been aggravated by reports that TSMC may boost contract chip manufacturing prices by up to 10% in 2027, with some products facing increases of up to 20%, owing to increased materials, equipment, and overseas facility development expenses.
Sandisk Corporation (NASDAQ:SNDK) is one of the names that have benefited the most from the supercycle. Since its February 2025 spinoff from Western Digital at $35.06 per share, Sandisk Corporation (NASDAQ:SNDK) has become the single best-performing stock in the S&P 500, climbing up to 858% at its late-June peak on the back of explosive fundamentals: fiscal Q3 2026 revenue reached $5.95 billion, up 97% sequentially and 251% year-over-year, with datacenter revenue specifically up 645% year-over-year.
Management anticipates continued sequential acceleration in the fourth quarter of fiscal 2026, with total revenue expected to range between $7.75 billion and $8.25 billion and non-GAAP earnings per share between $30 and $33, as gross margins increase to near 80%. More crucially, Sandisk Corporation (NASDAQ:SNDK) reported that its remaining performance obligations and contracted backlog came in between $41.6 billion and $42 billion. Sandisk's entire 2026 enterprise AI storage capacity is sold out under long-term agreements, thus locking in multibillion-dollar cash flows for the rest of the calendar year.
Despite its strong operational reports, Sandisk Corporation (NASDAQ:SNDK) has not been immune to macroeconomic turbulence. In mid-July, shares fell 8% to 15% across a number of sessions, contributing to a 39% slide from late-June record highs, as the Philadelphia Semiconductor Index fell more than 20%. According to market ****** ysts, this pullback is the result of an industry-wide valuation adjustment rather than a structural decline in memory demand or corporate earnings power.

#sandisk #corporation #june

The S&P 500 Index ($SPX) (SPY) today is up +0.11%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.54%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.46%. September E-mini S&P futures (ESU26) are up +0.11%, and September E-mini Nasdaq futures (NQU26) are down +0.40%.
Stock indexes gave up early gains today and are trading mixed, with the Nasdaq 100 falling to a 2.5-month low. The weakness in chipmakers is weighing on the broader market as investors rotate out of semiconductor and AI-infrastructure stocks and into beaten-down sectors, such as software.
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

#NASDAQ #Stock #today

WS Amati Global Innovation Fund, managed by a UK-based equity management firm from AMAti Global Investors, released its second quarter 2026 investor letter. A copy of the letter is available to download here. Financial market performance in the second quarter was dominated by geopolitical conflict and enthusiasm for AI. Significant investments across all elements of AI resulted in exceptional growth for related companies, ranging from chip producers to companies constructing data centres. The fund outperformed the MSCI ACWI benchmark due to its diversified exposure beyond headline AI firms, with semiconductor and equipment suppliers being major contributors. At the same time, software and IT services faced investor skepticism due to fears of automation despite long-term potential. The firm is confident in the innovation frontiers to capture long-term growth opportunities in automation, semiconductors, and advanced technologies. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, WS Amati Global Innovation Fund highlighted MKS Inc. (NASDAQ:MKSI) as a notable contributor. MKS Inc. (NASDAQ:MKSI) is a leading technology company that offers advanced foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications. On July 24, 2026, MKS Inc. (NASDAQ:MKSI) closed at $329.18 per share, reflecting a market capitalization of $22.23 billion. MKS Inc. (NASDAQ:MKSI) posted a one-month return of -20.87%, while its shares gained 221.68% over the past 52 weeks.
WS Amati Global Innovation Fund stated the following regarding MKS Inc. (NASDAQ:MKSI) in its Q2 2026 investor update:
"The broadening of interest away from the highly concentrated AI headline companies, such as Nvidia, proved to be a helpful environment for the Fund, providing a period of material outperformance against the MSCI ACWI benchmark. Our four top contributors were all caught up in the excitement to some extent, with three being semiconductor producers and one being an equipment supplier into that industry. The latter,MKS Inc. (NASDAQ:MKSI), provided the biggest single boost to the Fund's returns and is a notable beneficiary of innovation in the design of modern chips. Rather than single layers of tiny transistors, many modern chips have multiple layers like a wafer biscuit, and electrons need to travel up and down through these layers. MKS' products help to make this possible. AI's insatiable appetite for memory, particularly High Band Memory (HBM), has created a wave of greater demand for the chips which MKS helps to create."

#NASDAQ #mksi #semiconductor

WS Amati Global Innovation Fund, managed by a UK-based equity management firm from AMAti Global Investors, released its second quarter 2026 investor letter. A copy of the letter is available to download here. Financial market performance in the second quarter was dominated by geopolitical conflict and enthusiasm for AI. Significant investments across all elements of AI resulted in exceptional growth for related companies, ranging from chip producers to companies constructing data centres. The fund outperformed the MSCI ACWI benchmark due to its diversified exposure beyond headline AI firms, with semiconductor and equipment suppliers being major contributors. At the same time, software and IT services faced investor skepticism due to fears of automation despite long-term potential. The firm is confident in the innovation frontiers to capture long-term growth opportunities in automation, semiconductors, and advanced technologies. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, WS Amati Global Innovation Fund highlighted Allegro MicroSystems, Inc. (NASDAQ:ALGM). Allegro MicroSystems, Inc. (NASDAQ:ALGM) is a semiconductor company that develops sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions. On July 24, 2026, Allegro MicroSystems, Inc. (NASDAQ:ALGM) closed at $46.03 per share, reflecting a market capitalization of $8.58 billion. Allegro MicroSystems, Inc. (NASDAQ:ALGM) posted a one-month return of -32.12%, while its shares gained 31.09% over the past 52 weeks.
WS Amati Global Innovation Fund stated the following regarding Allegro MicroSystems, Inc. (NASDAQ:ALGM) in its Q2 2026 investor update:
"Allegro MicroSystems, Inc. (NASDAQ:ALGM) is perhaps better known as a sensor company, creating advanced position and movement sensors for use in areas such as robotics. However as a provider of specialist semiconductor chips into the datacentre market they too saw a sharp increase in demand, as well as share price performance."
Allegro MicroSystems, Inc. (NASDAQ:ALGM) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 34 hedge fund portfolios held Allegro MicroSystems, Inc. (NASDAQ:ALGM) at the end of the first quarter, up from 28 in the previous quarter. While we acknowledge the potential of Allegro MicroSystems, Inc. (NASDAQ:ALGM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#allegro #algm #investor

WS Amati Global Innovation Fund, managed by a UK-based equity management firm from AMAti Global Investors, released its second quarter 2026 investor letter. A copy of the letter is available to download here. Financial market performance in the second quarter was dominated by geopolitical conflict and enthusiasm for AI. Significant investments across all elements of AI resulted in exceptional growth for related companies, ranging from chip producers to companies constructing data centres. The fund outperformed the MSCI ACWI benchmark due to its diversified exposure beyond headline AI firms, with semiconductor and equipment suppliers being major contributors. At the same time, software and IT services faced investor skepticism due to fears of automation despite long-term potential. The firm is confident in the innovation frontiers to capture long-term growth opportunities in automation, semiconductors, and advanced technologies. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, WS Amati Global Innovation Fund highlighted Globant S.A. (NYSE:GLOB). Globant S.A. (NYSE:GLOB), a technology services company that provides digital transformation, AI, and software development solutions, detracted from the Fund's performance during the quarter. On July 24, 2026, Globant S.A. (NYSE:GLOB) closed at $31.30 per share, reflecting a market capitalization of $1.35 billion. Globant S.A. (NYSE:GLOB) posted a one-month return of 9.72%, while its shares lost 64.62% over the past 52 weeks.
WS Amati Global Innovation Fund stated the following regarding Globant S.A. (NYSE:GLOB) in its Q2 2026 investor update:
"Although both companies weighed on performance, the largest single detractor was Globant S.A. (NYSE:GLOB), the US listed IT services and digital engineering business. It too was a casualty of the excessive extrapolation we believe investors are currently making and we have been gently adding on weakness to all three names."
Globant S.A. (NYSE:GLOB) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 25 hedge fund portfolios held Globant S.A. (NYSE:GLOB) at the end of the first quarter, compared to 33 in the previous quarter. While we acknowledge the potential of Globant S.A. (NYSE:GLOB) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#fund #amati #global

WS Amati Global Innovation Fund, managed by a UK-based equity management firm from AMAti Global Investors, released its second quarter 2026 investor letter. A copy of the letter is available to download here. Financial market performance in the second quarter was dominated by geopolitical conflict and enthusiasm for AI. Significant investments across all elements of AI resulted in exceptional growth for related companies, ranging from chip producers to companies constructing data centres. The fund outperformed the MSCI ACWI benchmark due to its diversified exposure beyond headline AI firms, with semiconductor and equipment suppliers being major contributors. At the same time, software and IT services faced investor skepticism due to fears of automation despite long-term potential. The firm is confident in the innovation frontiers to capture long-term growth opportunities in automation, semiconductors, and advanced technologies. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, WS Amati Global Innovation Fund highlighted Autodesk, Inc. (NASDAQ:ADSK). Autodesk, Inc. (NASDAQ:ADSK) is a software company that develops 3D design, engineering, and entertainment technology solutions. On July 24, 2026, Autodesk, Inc. (NASDAQ:ADSK) closed at $209.75 per share, reflecting a market capitalization of $44.29 billion. Autodesk, Inc. (NASDAQ:ADSK) posted a one-month return of 7.43%, while its shares lost 31.11% over the past 52 weeks.
WS Amati Global Innovation Fund stated the following regarding Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2026 investor update:
"Equity markets in their enthusiasm for the AI opportunity have written off many companies which we are confident have many years of demand growth ahead. Specialist software providers into often highly regulated industries will be extremely difficult to replicate and there is little incentive for users to do so. Companies such as PTC and Autodesk, Inc. (NASDAQ:ADSK) are often foundational for the clients that use them, and they are embracing AI to improve their offering and the efficiency of their customers. The way their businesses are effectively being written off in the minds of investors creates a very attractive investment opportunity in our view, and our 3-5 year time horizon gives plenty of runway for a more balanced view to ******* ert itself."
Autodesk, Inc. (NASDAQ:ADSK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 67 hedge fund portfolios held Autodesk, Inc. (NASDAQ:ADSK) at the end of the first quarter, compared to 81 in the previous quarter. While we acknowledge the potential of Autodesk, Inc. (NASDAQ:ADSK) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, se

Discrimination remains "deeply embedded" within English football, according to the chief executive of Kick It Out, as reports of abuse surged by 25 per cent last season.
The anti-discrimination charity recorded 1,744 reports in the 2025-26 campaign, a significant rise from 1,398 in the previous year. For the first time, the number of distinct incidents surpassed 1,000, reaching 1,255.
Kick It Out clarified that while one incident can generate multiple reports, the reports-per-incident ratio for the past season stood at 1.39. The increase was widespread across various platforms and levels of the game.
Reports of online discrimination rose by five per cent to 650, while incidents in the professional game and at grassroots level both saw a 41 per cent increase, reaching 636 and 458 reports respectively.
The charity's data revealed alarming increases across all types of abuse. Islamophobia reports soared by 88 per cent, ***** phobia by 46 per cent, and anti-Semitism by 43 per cent. Racism reports were up 19 per cent, ***** ism by 12 per cent, and ableism by 20 per cent.

#cent #incident

Welsh sprinter Jeremiah Azu missed out on a Commonwealth medal for the second games in a row after finishing fifth in the men's 100m final
It was the same position he managed in Birmingham four years ago.
The Welshman had eased through the heats and ran 10.00 seconds in his semi-final but could only manage 10.03 seconds in a rain-affected final won by Cameroon's Emmanuel Eseme.
"I don't feel like I really made any mistakes so it's a hard one to take. These guys are just running crazy fast," he said.
"I felt like I put a good race together. I thought it would be won in 9.9-low which I think I'm capable of, I just didn't put it together today.

#welsh #commonwealth

Funeral arrangements have been made for Anthony Lake, the former Hendersonville offensive coordinator and quarterback who died on July 26, according to his obituary.
Hendersonville football coach James Beasley confirmed to The Tennessean on July 27 that Lake had died. Lake was 54.
A visitation will be held Aug. 2 from 1-3 p.m. at Hendersonville Memory Gardens, Funeral Home & Cremation Center, according to the obituary. Lake's celebration of life will take place immediately afterwards from 3-5 p.m. at the funeral home.
Lake is survived by his wife, Heather; his children Chase (Shawnna) Lake and Ashelyn Lake; his mother, Sharon Lake; his father, Ed (Lori) Lake and his sister Jennifer (Travis) Donaldson.
Lake was a longtime Hendersonville ***** istant who served most recently as the Commandos' offensive coordinator and quarterback coach. He led his alma mater to the 1988 TSSAA football Class AAA state semifinals. Hendersonville finished with a 10-4 record and a region championship under the late legendary coach Bill Derrick that year.

#hendersonville #funeral #july #home

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

#state

FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.
World football's governing body said it would retain a majority share in FIFA Forward Enterprise (FFE) but hoped to raise $4.2 billion later this year by "carefully selecting long-term investors who will purchase minority, non-controlling interests".
FIFA's statement was a rapid response to a story in British newspapers The Times and The Financial Times based on leaks of the plan from two sources.
The Times reported that FIFA president Gianni Infantino, 56, stood to profit from the scheme by becoming commissioner of the FFE after his expected next term expires in 2031. FIFA denied that this had been discussed.
The article also said discussion had started with financial advisors and potential investors.

#World #enterprise

The Seattle Seahawks have waived running back Kenny McIntosh, a former Georgia Bulldog. McIntosh won Super Bowl 60 with the Seahawks last season, but it was bittersweet because McIntosh tore his ACL prior to the 2025 NFL season, so he watched Seattle's triumphant season from the sidelines.
McIntosh was placed on the physically unable to perform (PUP) list on July 20. Seattle elected to waive McIntosh, which means he is likely not healthy yet. McIntosh was expected to make $1.1 million in 2026 and was entering a contract year. He will now hope to find a new niche in the NFL.
McIntosh was a seventh-round pick in the 2023 NFL draft. He's appeared in 20 career NFL games including all 17 in 2024. McIntosh has 31 carries for 172 yards in his NFL career. He won national ***** les at Georgia in 2021 and 2022. McIntosh notably had 126 total yards and a touchdown in Georgia's comeback win over Ohio State in the College Football Playoff semifinals.
Seattle is also placing running back Zach Charbonnet on the PUP list. Charbonnet tore his ACL during Seattle's playoff run and is seeking to return in Week 1.
The Seahawks drafted Jadarian Price in the first-round of the 2026 NFL draft to help fill the void with Charbonnet possibly out and Kenneth Walker leaving via free agency. Seattle also has backup running backs George Holani and Emanuel Wilson.

#charbonnet #georgia

The Florida State Seminoles have been picked to finish 11th in the ACC Preseason Media Poll, the conference announced on Tuesday.
The Seminoles received 1,439 points and three first-place votes out of 188, which was the fifth most of any team. The Miami Hurricanes were picked to win the conference, receiving 165 first-place votes and 3,159 points.
The SMU Mustangs finished second with 2,759 points and the Louisville Cardinals third with 2,569 points. Despite finishing fourth, the Clemson Tigers received the second most first-place votes with seven, SMU received six. The Georgia Tech Yellow Jackets round out the top five with 2,006 points and two first-place votes.
The Seminoles will open ACC play against SMU on Sept. 7 in ******* Howser Stadium. They will follow it up with two non-conference games before they host Virginia on Oct. 3. Their first road ACC games will be the following weeks, with them playing at Louisville and Miami.
They will follow that stretch up with a bye before hosting Clemson on Oct. 31. They will return to the road, playing at Boston College and at Pittsburgh on Nov. 7 and Nov. 13, respectively. They will end their ACC slate at home, welcoming NC State to Tallahassee on Nov. 21.

#points #place #received #state

Team Northern Ireland swimmer Danielle Hill just missed out on a medal in the women's 50m freestyle final as she finished fourth at Tollcross Swimming Centre.
The 26-year-old clocked a time of 27.87, 0.55 seconds behind England's Lauren ***** , who took the bronze medal.
The race was won by Canada's Kylie Masse with Australia's Iona Anderson claiming silver.
Grace Davison's time of 26.48 was not good enough for a place in the women's 50m freestyle final as she finished fifth in her semi-final
Matthew Hamilton also failed to qualify for the men's 50m ***** erfly final as he finished eighth in his semi-final in a time of 24.29.

#finished #semi #northern

Real Madrid star Kylian Mbappé has sent a welcome message to fellow countryman and new international manager Zinedine Zidane on Tuesday.
This of course comes fresh off the former midfielder being unveiled as the latest installation on Les Bleus' bench.
It had long been common knowledge that this summer's World Cup would mark the last major tournament overseen by Didier Deschamps as France headmaster.
Following the country's semi-final elimination at the hands of Spain, Deschamps therefore made official the mutual decision for a change at the helm.
The aforementioned Zidane had been rumoured as the leading candidate to replace his former teammate for some time, with the 54-year-old having repeatedly resisted a return to club management to instead wait for his dream role in the French dugout.

#mbapp #tuesday

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.
Management attributed strong top and bottom-line growth to aggressive new account wins and share gains rather than market recovery, which remains largely absent.
The Paint Stores Group outperformance was driven by Protective and Marine momentum in data centers and semiconductor infrastructure, offsetting persistent weakness in new residential markets.
Commercial segment gains are the result of a 24-month targeted strategy to capture market share in an underlying environment that remains soft.
Performance Coatings growth across all regions was led by heavy equipment and packaging, specifically benefiting from customer conversions to BPA-free solutions.

#Growth #Share #management #paint

What happened: Semiconductor stocks fell on Tuesday, with the PHLX Semiconductor Index (^SOX) falling more than 3% as investors continued to unwind positions in one of the market's hottest AI-driven sectors this year.
US-listed shares of memory and storage leaders Micron Technology (MU), SK Hynix (SKHY), and Sandisk (SNDK) all fell more than 8% and 13%, respectively. Among the semiconductor equipment makers, ASML (ASML), Applied Materials (AMAT), and Lam Research (LRCX) also dropped.
AI chip heavyweight Nvidia (NVDA) stock reversed early morning losses to climb into green territory following a 5% drop on Monday. Peer AMD (AMD) fell more than 7%. Chip maker Intel (INTC), along with Marvell (MRVL) and Qualcomm (QCOM), also slid.
What's behind the move: The sell-off followed declines in semiconductor stocks abroad. In South Korea, SK Hynix fell more than 14%, while Samsung Electronics (005930.KS) dropped more than 13%.
European semiconductor stocks also moved lower as concerns about circular financing and intensifying competition from China have weighed on the sector.

#fell #asml

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

#year #solutions #revenue

It was a wild and winding coaching search at Penn State last season, but it ended up with one of the most quietly successful coaches in college football in Iowa State's Matt Campbell.
The Nittany Lions made the somewhat surprising decision to fire coach James Franklin less than a year removed from a trip to the College Football Playoff semifinal, and Campbell, the winningest coach in Cyclones history, faces immediate expectations of success.
Though the pressure may be a bit higher in Happy Valley than it is in Ames, Campbell isn't changing the strategy that worked so well for him at Iowa State, where he won 11 games in 2024 and reached the Big 12 Championship Game twice.
"I'm not wavering," Campbell said at Big Ten media days, per ESPN. "I think the misnomer has been (it's) not about results. The reality is, we have chosen to focus on the process and the people, aligning those two things as good or better than anybody to be the best we truly can be, and I think it's really why we got the results at Iowa State, and I don't know any other way."
The attempt to maintain the same systems and strategies will be easier because the Nittany Lions added many of Campbell's former Iowa State players via the transfer portal — 24 of them, to be exact, headlined by quarterback Rocco Becht.

#college #results

FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.
World football's governing body said it would retain a majority share in FIFA Forward Enterprise (FFE) but hoped to raise $4.2 billion later this year by "carefully selecting long-term investors who will purchase minority, non-controlling interests".
FIFA's statement was a rapid response to a story in British newspaper The Times based on leaks of the plan from two sources.
The Times reported that FIFA president Gianni Infantino, 56, stood to profit from the scheme by becoming commissioner of the FFE after his expected next term expires in 2031.
The article also said discussion had started with potential investors.

#forward #enterprise

The Dow Jones Industrial Average climbed 659 points, or 1.3%, on Tuesday as strong earnings from Coca-Cola and Sherwin-Williams lifted blue-chip stocks while falling oil prices added support. The S&P 500 rose 0.3%, and the Nasdaq Composite finished little changed.
Sherwin-Williams stock surged 8% to pace the Dow after the paint maker topped second-quarter estimates. Coca-Cola stock climbed 5% after the beverage giant beat on both revenue and earnings and lifted its full-year guidance. Salesforce stock also gained 5%.
A broad rotation out of technology and into other sectors drove much of the day's action. The Technology Select Sector SPDR Fund hit its lowest level since May 7, while the State Street Health Care Select Sector SPDR ETF and Financials ETF surged to record highs. Consumer-staples stocks led the S&P 500 with a 2.7% gain.
The VanEck Semiconductor ETF dropped more than 3%, marking a fourth straight session of losses for chip stocks. Micron shares declined roughly 8% and AMD shed 7%. A drop of nearly 6% in the PHLX semiconductor index pushed the Nasdaq-100 into correction territory at its session low, though the index recovered to close above that threshold, according to the Wall Street Journal. Software names provided a partial cushion, as Microsoft advanced nearly 2% and the iShares Expanded Tech-Software ETF added close to 2%.
Mounting anxiety over AI spending levels and China's accelerating advances in the sector have pressured chip stocks, according to the Journal. The weakness extended across the Pacific, where South Korea's Kospi finished down 10% and ****** an's Nikkei lost 4%.

#Stock #williams

Florida State basketball's preseason slate is beginning to take shape, with head coach Luke Loucks heading into his second season. The Seminoles will host the LSU Tigers in an exhibition game on Oct. 24 at the Donald L. Tucker Center, adding another high-profile tune-up before the start of the 2026-27 regular season.
The matchup became public as LSU released its complete schedule on Tuesday, which includes an exhibition trip to Tallahassee under the NCAA's expanded preseason format.
The exhibition gives Florida State another opportunity to face high-level competition before the games begin to count. The Seminoles are already scheduled to meet the Auburn Tigers in the Ballin in Boutwell preseason showcase on Oct. 14 in Birmingham, Alabama, making LSU the second SEC opponent on Luke Loucks' preseason slate.
The addition of LSU is particularly notable as programs continue taking advantage of the NCAA rule allowing Division I schools to play up to three preseason exhibitions against fellow Division I opponents. Rather than facing lower-division competition, teams are increasingly scheduling power-conference opponents to better prepare for the regular season.
Florida State is scheduled to begin the regular season on Nov. 2 against Florida A&M in the Orion180 Tip-Off Classic in Tampa. By then, the Seminoles will have already faced Auburn and LSU in what projects to be one of the more challenging preseason schedules in the country.

#seminoles

Charlotte Henrich and Justin Davies are safely through to their respective semi-finals after the second morning of competition for Welsh athletes at Scotstoun Stadium.
Henrich, 19, ran the third fastest time in qualifying as she won her 400m heat in a time of 52.13 seconds.
The top eight-ranked athletes will join at the semi-final stage on Thursday where Henrich says she'd be "disappointed" if she doesn't make Saturday's final.
Having run a personal best 11 days ago, Henrich says if the wind settles down that the track could be fast enough to see her break the Welsh record again for the third time in six weeks.
Davies finished second in his 800m heat in a time of 1:46.98.

#semi

Zinedine Zidane has been confirmed as head coach of the France national team, taking over from Didier Deschamps following their World Cup semi-final exit, and admitted he was emotional at his unveiling
Deschamps announced in January 2025 that he would step down following this summer's World Cup, with France knocked out in the last four by European champions Spain in a 2-0 defeat.
Zidane had been out of a managerial post since leaving Real Madrid, where he won three Champions League and two La Liga ***** les, in 2021.
Zinedine Zidane won three consecutive Champions League crowns with Real Madrid (Getty)
But the former France captain had been widely touted as a potential replacement for Deschamps, who helmed the national side for 14 years, and has been installed on a long-term deal.

#champions #zinedine #madrid

Team NI swimmer Grace Davison progressed to the women's 50m freestyle semi-finals after finishing fifth in her heat.
Davison's time of 25.70 seconds was 14th fastest and 1.32 behind Australia's Meg Harris, who set the quickest time in the heats.
Emily Hughes finished sixth in her heat and missed out on a spot in the semi-finals which will take place from 20:12 BST on Tuesday.
Matthew Hamilton qualified for the men's 50m ***** erfly semi-final in 24.25 and finished 0.45 behind Australia's Kyle Chalmers.
Hamilton will now aim to close the gap in Tuesday's semi-finals at 20:20 BST.

#heat #behind

Hey Commanders fans, what do you know about Robert Henry Jr?
With the Washington Commanders rookies having already reported for the 2026 training camp, let's learn about Henry. Initially, it is perfectly understandable if no one in the Commanders fan base knew of Henry in his first two years of college. You see, he played for Jones College in Ellisville, Mississippi, a junior college in 2021 and 2022. Henry then transferred, finding a new football home at the University of Texas at San Antonio (UTSA).
Playing at UTSA from 2023-2025, Henry blossomed in his senior season, accumulating 1,045 rushing yards and nine touchdowns on 151 carries, averaging 6.9 yards per attempt. One of the things that Commanders scouts no doubt noticed about Henry was his development in his ability to break off an explosive run for big yardage. Henry produced five rushes of 70-plus yards in 2025. This was not only the best, but was three more than any other FBS player. Henry was named a first-team All-American Athletic Conference and was a Doak Walker Award semifinalist.
Standing 5-foot-9, weighing 196 pounds, Henry is not exactly Derrick Henry in stature. This is another reason Henry went undrafted in April's 2026 NFL Draft. When the seventh and final draft rounds had concluded, there was Henry still available, and the Commanders ****** ed him, signing him to an undrafted free agent deal.
The Commanders' running back room has Jacory Croskey-Merritt "Bill" and Jeremy McNichols returning from the 2025 team. Chris Rodriguez departed, signing with the Jacksonville Jaguars as a free agent. Offseason additions have included signing free agents Rachaad White and Jerome Ford. The draft brought Kaytron Allen from Penn State in the sixth round.

#henry #utsa

The halfway point of the 2026 WNBA season is here. The All-Star Game is over and the trade deadline looms at 3 p.m. ET, Aug. 2. Teams must now decide if they're going all-in for a championship run or hitting the reset ****** on ahead of next season.
Typically, the WNBA doesn't see blockbuster deals at the trade deadline, but there have been a few exceptions. The Connecticut Sun acquired Marina Mabrey from the Chicago Sky at the 2024 deadline before advancing to the semifinals in the playoffs. In 2015, the Minnesota Lynx picked up Sylvia Fowles — also from the Sky — on their way to winning what would be their third of four championships in seven seasons.
Will a league-altering trade be made this season? That remains to be seen, but it's a fun exercise to speculate.
This week's WNBA power rankings, which publish every Tuesday, are accompanied by trades we think make sense for every team.
Trade target: Sydney Taylor, G, Chicago Sky

#trade #typically

Zinédine Zidane is the new manager of the French national team after signing a contract until 2030.
France finished fourth at the 2026 World Cup under Didier Deschamps, losing 6-4 in a remarkable third-place play-off to England after having been defeated at the semi-final stage by eventual winners Spain.
"I've often said it: there's nothing greater than the French National Team," the former player said on his appointment.
"It is therefore a joy and, of course, a great source of pride to become the manager of this French National Team. It's also a responsibility. I want to thank [FFF] President Philippe Diallo, the Executive Committee, and the French Football Federation for their confidence and acknowledge the fourteen years of service from Didier and his staff. I also have a special thought today for all my coaches.
"Needless to say, I have high ambitions for the French National Team."

#national #team #didier #england