Celebrity comedian Sebastian Maniscalco has responded to this week's uproar in the comedy community over his takeover of a SiriusXM channel that for years supported up-and-coming stand-ups while providing them a minor lifeline in royalty checks. He joins the broadcaster in ****** uring those up in arms over the station's disappearance that the company axed it well before the superstar took over.
In April, Maniscalco's Comedy Radio replaced SiriusXM's Channel 99, the longtime home of the Raw Comedy/Raw Dog channel, a small corner of the satellite radio giant where up-and-coming comedians could not only launch their careers but make a few bucks doing it. SiriusXM replaced the "jukebox channel," which rotated sets from comics and had no host, with one now "curated and headlined by Maniscalco" that features mostly mainstream and well-known talent. The uproar came this week when the advocacy group Stand Up for Standup and big-name comedians like Patton Oswalt, Margaret Cho and Michelle Wolf took to social media to ask Maniscalco to bring Raw Comedy back to the platform. On Thursday, the superstar comic replied.
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Patton Oswalt, Michelle Wolf Call on Sebastian Maniscalco to Reverse SiriusXM Channel Takeover
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#channel #comedy

Starbucks slid 3% after the Financial Times reported it explored buying Chipotle, which surged 5% on buyout hopes alone.
McDonald's rose 2% while the S&P 500 edged down, isolating the split as deal-driven rather than broad market momentum.
Starbucks would absorb a full integration while its Back to Starbucks turnaround remains incomplete, and no formal offer exists.
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Starbucks (NASDAQ:SBUX) stock is at $90.31, down 3% in morning trading, after a report that the coffee giant has explored a takeover of a fast-casual rival. Meanwhile, Chipotle Mexican Grill (NYSE:CMG) stock is at $32.19, up 5%, as the potential target rallies on buyout hopes.

#down

(Bloomberg) -- Chipotle Mexican Grill Inc. (CMG) shares jumped after the Financial Times reported that Starbucks Corp. has worked with advisers in recent months on a takeover proposal for the burrito chain.
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#missed

Starbucks has explored a takeover of Chipotle Mexican Grill, in an ambitious gambit to unite two of America’s best-known brands in a deal

#chipotle #mexican

Paramount Skydance will meet with California Atty. Gen. Rob Bonta's representatives next month for court-ordered settlement talks that could clear a path for David Ellison's $111-billion takeover of Warner Bros. Discovery.
The two sides will convene for two days, Oct. 14 and Oct. 15, according to court documents filed this week.
The talks come as both sides look for ways to resolve the pitched battle over Hollywood's industry-reshaping deal, which would put HBO, CBS, CNN, TBS, Food Network, Comedy Central and the Paramount and Warner Bros. studios under one roof. Bonta and 11 other Democratic state attorneys general sued in July to block it, and Ellison's team has been stoking political pressure on Bonta to retreat.
Bonta canceled a session last month after prelimary details and ground rules leaked, prompting him to accuse Paramount of "playing games" by violating a confidentiality agreement and spreading misinformation.

#bros #court #sides

Forward Industries (NASDAQ: $FWDI) has raised its takeover offer for SkyAI (NASDAQ: $SKYA), proposing a deal that would value the Solana (CRYPTO: $SOL) treasury company at a 50% premium to its latest closing price.
Forward said Tuesday that it had delivered an updated non-binding proposal to acquire all outstanding SkyAI common stock. Under the new terms, SkyAI shareholders would receive the value of 0.306 shares of Forward Industries for each SkyAI share, with investors able to choose cash, Forward shares, or a combination of both.
Based on Forward's $6.95 closing price on Monday, the proposal values each SkyAI share at about $2.13, compared with SkyAI's $1.42 close. Forward has asked SkyAI's board to respond by September 25. The proposal remains subject to regulatory approvals and a shareholder vote.
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#skyai #proposal #price

First Au has announced the proposed acquisition of Javelin Minerals through an all-scrip, off-market takeover offer, which would combine the companies' respective gold projects in the Eastern Goldfields region of Western Australia.
The two companies have entered into a binding takeover implementation deed, with the deal recommended by Javelin's board, subject to customary conditions including an **** sment by an independent expert.
Under the agreement, First Au's Riverina East and Gimlet gold projects will be merged with Javelin's Eureka and Coogee projects, all located near Kalgoorlie.
The enlarged group would hold total reported mineral resources of around 350,600oz of gold across the combined brownfield sites.
Under the terms of the offer, Javelin shareholders will receive 11.7647 newly issued First Au shares for each Javelin share.

#first #javelin #Gold #takeover

Heavy out-of-the-money put option volume in Shoe Station Group (SHOE) today, ahead of tomorrow's earnings, suggests investors expect a dip in SHOE stock. However, SHOE stock is cheap, and shorting puts yields over 7.7% over the next month.
SHOE is at $13.29 in midday trading, well off its recent peak of $16.11 a month ago on Aug. 10. This may be selling ahead of earnings.
Micron Price Targets Are Rising - Bull Put Credit Spreads in MU Are Attractive for Investors with Limited Funds
Options Flow Alert: Institutional Money Piles Into AMD Stock
Unusual Call Options Activity in Takeover Target GFL Environmental Stock

#Stock

Advanced Micro Devices (AMD) has been one of the standout performers of 2026, already up around 136% year-to-date as the market rewards its accelerating push into AI data center chips.
The options flow from today suggests institutional traders are positioning for this AI-driven rally to keep running.
Micron Price Targets Are Rising - Bull Put Credit Spreads in MU Are Attractive for Investors with Limited Funds
Unusual Call Options Activity in Takeover Target GFL Environmental Stock
Get Paid to Wait: Buy OXY at a Discount or Earn Options Income

#micro #rising #credit

The new ownership at the Los Angeles Angels cannot come quick enough for supporters as another season without a playoff berth has been confirmed.
It has been a dismal season for the Angels, who sit rock bottom of the AL West, which has been far from impressive this year.
A 54-90 record has seen the Angels ruled out of playoff contention ahead of Stan Kroenke's proposed takeover.
The Houston Astros are currently sat top of the division with a record only just over .500 through their 73-71 record.
It is a division that is there for the taking under new ownership, but, for now, unwanted records are being created by the Angels.

#record #west

I'll never forget the first time I encountered Grindr. In 2009, I was enjoying happy hour at Cobalt, a since-shuttered gay bar in D.C.'s Dupont Circle. My friend, spying the mustard skull on an iPhone (first released in 2007!) from across the room, nudged me. "That's the gay hookup app," he whispered scandalously.
When I got over the stigma of downloading Grindr, I was astounded how easy it was to flirt with nearby queer men — and to network. During RuPaul's Drag Race season 3, I changed my username to "Team Jujubee," a nod to a frontrunner, which helped me find a viewing-party friend in my neighborhood. When I lived in New York, I would sometimes engage in friendly chats with the app's gay founder, Joel Simkhai, who'd pop up on my grid from time to time.
For good and ill, tech and our relationship with it has changed a lot since the aughts. Gay apps are no longer a battery-draining novelty; for many, they're as quotidian as texting, a digital town square where a Madonna takeover and catfishing are commonplace. Many, like Grindr, are also now owned by straight people. And no need to comb the upper reaches of Cablevision's channels to find Drag Race anymore — there's an app for that too (several, in fact, depending on the region and season).
This is Out's Tech Issue, and we could think of no better cover stars that encapsulate this queer new media landscape than Trixie Mattel and Katya Zamolodchikova. These queens went through the TV crucible of the House of Ru to emerge as stars of social media and the podcast world. (Their popular podcast, The Bald and the Beautiful, just signed a three-year deal with SiriusXM.) In their cover story on page 36, the media mavens discuss their dizzying rise through the digital spheres — and how their real-life friendship has kept them grounded.
Elsewhere in cyberspace, the advent of artificial intelligence has brought many miracles but also new terrors in how our data can be exploited. Learn how to protect yourself in the online dating world via Last Call (page 58). Technology does have its benefits; find ways it can improve your looks in our Beauty guide (page 26). But it's also important to find ways to unplug. In Out Picks, our editors highlight products that help them blissfully disconnect (page 8).

#time #drag #first

Kyle Shanahan believes that the Los Angeles Rams are so pressed about playing the 49ers at SoFi Stadium that they convinced the NFL to move the game to Australia this season, and San Francisco's coach said on Sunday that it still won't matter. In a press conference just days ahead of their Week 1 matchup, Shanahan said that the league "let the Rams off the hook" by moving a Niners "home game" (aka at SoFi Stadium) to Melbourne, but that "it won't be much different here".
Shanahan expects the same pro-49ers crowd to be present at the Melbourne Cricket Grounds this Thursday.
The 49ers have had an undeniable presence at SoFi Stadium, but Shanahan isn't being shy about his belief that the Rams have pushed the NFL to move the game as to avoid the story this year. ProFootballTalk's Mike Florio has described Shanahan's attitude about the game this season as "salty" regarding the trip to Australia:
49ers coach Kyle Shanahan has been salty about the Rams' desire to export a home game to Australia, in order to avoid yet another San Francisco-fan takeover of SoFi Stadium. Now that Shanahan and the 49ers have hunkered down in Melbourne, Shanahan feels differently.
Shanahan currently believes "it won't be much different" in Austrialia — and he expects the so-called Faithful to take over the 100,000-seat Melbourne Cricket Ground on Thursday night.

#Rams #australia #won 't #kyle

Aberdeen boss Stephen Robinson is actively looking to bolster his squad with free agents, one of whom could be former Rangers midfielder Greg Doherty, who left Charlton Athletic earlier this month. (Press and Journal)
Celtic new boy Oliver Sorensen has a similar "energy and hunger" to Kieran Tierney, according to the club's former defender Erik Sviatchenko, who played with Sorensen at Midtjylland. (Daily Record)
Midfielder Josh Mulligan believes the strong leaders in the Hibernian dressing room will help David Gray's side bounce back from the disappointment of Thursday's defeat by Hearts. (Hibs Observer)
Rangers' kit manufacturer Castore has received several takeover approaches and is considering a sale. (Sky News)
Former Rangers midfielder Brahim Hemdani has been appointed Algeria manager. (Glasgow Times)

#former #sorensen #robinson

Former Ohio State Head Football Coach and current Lieutenant Governor of Ohio, Jim Tressel, has been enshrined in the Ring of Honor at Ohio Stadium.
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Tressel's plaque on the C-Deck of Ohio Stadium was unveiled during Ohio State's season opener against Ball State.
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#state #former #Football #governor

A Dayton Dragons record set over 20 years ago has been broken.
[DOWNLOAD: Free WHIO-TV News app for alerts as news breaks]
John Michael Faile homered in the Dragons' 9-5 win over the West Michigan Whitecaps on Saturday.
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#dayton #free #faile #west

A banner flew over Paramount Studios that read, "Ellison is Trump's b----."
David Ellison, the CEO of Paramount Skydance, has courted controversy for leading the attempted takeover of Warner Bros. Discovery.
Ellison has denied reports that he **** ured Donald Trump he would tweak CNN to the president's liking should he gain control over the news network via the merger.
Paramount Skydance CEO David Ellison can't even look up to the heavens to escape criticism.
The embattled head of the media conglomerate was the subject of a vulgar message that was printed in capital letters and flown over Paramount Studios in Los Angeles on Thursday. "Ellison is Trump's b----!" read the message on a banner that a plane dragged back and forth across the airspace over the movie studio.

#message

The Seattle Seahawks will officially be under new ownership for next Wednesday's season-opener against the New England Patriots.
In a repeat of the Super Bowl from earlier in the year, the Seahawks will be unveiling their champions banner and their new owners.
However, the game at Lumen Field could also provide Jody Allen with one final opportunity to bid farewell to the fans.
The Allen family enjoyed an extremely successful stint in the Pacific Northwest, having guided the Seahawks to two Super Bowl victories.
Although the Khoslas are now officially in place as the new owners, Vinod Khosla has opened the door to Allen making a return just days after the takeover was confirmed.

#owners #england

Ebbsfleet United will be able to start their season on Saturday after the National League lifted the club's suspension.
The Kent club had their first six National League South games postponed while they addressed ongoing financial issues, which had led His Majesty's Revenue and Customs (HMRC) to issue a winding-up petition over unpaid debts going back to April.
A takeover of the club last month, by new owner John O'Leary, allowed Ebbsfleet to fully pay HMRC and players.
"We would like to thank everyone for their patience and understanding, as well as our players and staff for their exemplary conduct through this difficult period," the club said on Wednesday.
Ebbsfleet have been handed a suspended six-point deduction by the league's compliance and licensing committee, which will be triggered should they fail to comply with as yet unspecified "obligations".

#players #Kent

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.
Switzerland wants UBS to be safer after Credit Suisse blew up. UBS says too much safety could make it less competitive. Now lawmakers are trying to mix a regulatory **** tail that protects taxpayers without turning the country's last megabank into a padded cell with a banking license.
Swiss lawmakers are expected to send a softened banking reform proposal to the upper house of parliament, as the country tries to settle one of the biggest questions left by the Credit Suisse collapse: how much capital should UBS be forced to hold?
The Swiss government originally wanted UBS to hold about $20 billion in additional Common Equity Tier 1 capital. CET1 is the hard stuff: high-quality equity capital that absorbs losses first and gives regulators comfort when a bank gets into trouble.
The proposed requirement followed UBS's emergency takeover of Credit Suisse in 2023. That deal stopped one crisis, but created another problem. Switzerland now has one giant globally important bank, and regulators want to make sure taxpayers are not dragged back into another rescue.

#make

At first blush, there's nothing connecting the businesses of **** e Exploration Technology (NASDAQ: SPCX) and Hershey (NYSE: HSY). One makes **** ecraft, AI technology, and operates the Starlink satellite telecommunications network. The other makes candy bars. But when you dig into the ownership structure, you start to see the connection. Here's what you can learn about **** eX from Hershey.
The CEO is likely to have the most influence on a business, but there are limitations. That's because the CEO actually works for the board of directors. And the board of directors is hired by the shareholders. So, if anything really big is going to take place, such as a merger or acquisition, the largest shareholders will have an important say. In the case of consumer staples maker Hershey, the largest shareholder is The Hershey Foundation.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The Hershey Foundation has said no to multiple takeover offers. The foundation uses the dividends it collects from owning Hershey stock to support its philanthropic endeavors, so it is acting to protect the reliable income stream it receives. That may or may not be in the best interest of shareholders, noting that a buyout could lead to a sizable capital gain. But the real takeaway is that Hershey is beholden to The Hershey Foundation in important ways, as the foundation controls 80% of the company's voting power.
Elon Musk controls 48.4% of **** eX's voting power. That's not as much control as The Hershey Foundation has at Hershey, but it is close enough to 50.1% to give him effective control over all decisions. Add in that he's the CEO, and Musk's position of power gets even stronger. If you own **** eX, you are effectively investing alongside Elon Musk. What he wants to do is almost certainly going to get done. Mergers, acquisitions, and major capital investments are his to decide because it would be hard, if not impossible, for the board or shareholders to muster the votes needed to oppose Musk.

#NVIDIA

Revolution Medicines, Inc. (NASDAQ:RVMD) touched an all-time high above $224 on August 27, 2026, following FDA approval of Rasonque (daraxonrasib) – the first broad RAS-targeted therapy cleared for metastatic pancreatic cancer. Creating a milestone, the approval came roughly five weeks after filing under the agency's national priority voucher. The pivotal RASolute 302 trial nearly doubled median overall survival, to 13.2 months from 6.7 on chemotherapy. While the clinical benefit is substantial, a $47 billion valuation suggests the market had already priced in this success.
RVMD carries essentially no product revenue yet. Its price rests entirely on the future. Evercore ISI has raised the next-year sales estimate for Rasonque to ~$2.4 billion. Additionally, the $47 billion valuation discounts much of a long-term pancreatic opportunity which the Evercore **** yst estimates Rasonque could generate about $15.1 billion in pancreatic-cancer sales by 2034. However, a few details complicate this math. First, the approved label applies strictly to second-line or multiagent-ineligible patients. The front-line indication represents the larger market opportunity but remains pending, meaning a notable portion of the TAM is not yet accessible. Second, RVMD's current valuation also sits well above the $28 billion–$32 billion takeover valuation reportedly discussed with Merck earlier this year. Bulls argue lung and colorectal trials justify the $47 billion beyond pancreatic cancer, though that pipeline potential remains unproven.
That matters because Revolution Medicines must now execute its first commercial launch independently in one of oncology's most challenging indications characterized by short survival, high patient frailty, and a U.S. list price of $39,800 for a 30-day supply. Commercialization will require heavy spending. The second-quarter net loss widened to $644 million, and full-year operating expense guidance increased to between $2.1 and $2.2 billion. While a $3.9 billion cash balance and up to $1.5 billion in committed royalty financing fund the launch, operational execution remains the primary risk.
Insiders were net sellers of roughly $21.5 million over the past 90 days with zero buying. Hedge fund data on the stock is flat. As per the Insider Monkey database, 105 funds held RVMD in the second quarter of 2026, modestly down from 106 in the first, indicating strong conviction among institutional investors. Short interest sits near 6% of float, representing a modest level of bets against the stock.

#first

US stocks moderated from earlier gains in midday trading on Friday as investors digested Kevin Warsh's first keynote address at the annual Jackson Hole Symposium, with the Fed chairman's comments interpreted as mildly hawkish in the near term.
The Dow Jones Industrial Average (^DJI) slipped below the flat line, while the S&P 500 (^GSPC) slide 0.2%. The Nasdaq Composite (^IXIC) declined by 0.4% after rising by as much as 0.5% earlier in the day.
In his speech, Warsh stated that inflation was running too high and that price stability would be the Fed's predominant focus. Even if market participants didn't necessarily get all of the clarity they were looking for, Warsh's comments were taken as hawkish enough to send yields on short-term Treasurys higher by several basis points.
In the equities market, investors continued to digest Nvidia's (NVDA) blowout earnings report and growth projections from Wednesday, while shares in Marvell Technology (MRVL) fell on its own second quarter figures. PayPal (PYPL) lost more than 10% on the news that Advent and Stripe have backed out of a proposed $50 billion takeover.
Upward revisions in the University of Michigan's consumer sentiment readings, released at 10 a.m. ET, provided a lightly positive note for the economy.

#investors

Archer Aviation Inc. (NYSE:ACHR)'s shares are up by over 36% in the past month, as of the close on August 14, amid growing optimism among investors over the company's future growth and revenue diversification as it moves beyond air-taxis towards a defense and AI story.
Photo by Arturo Añez on Unsplash
On August 10, the company announced that it was acquiring Boeing's Wisk Aero, SkyGrid, and Insitu business units, as part of a definitive agreement that will see the planemaker take a nearly 20% stake in Archer Aviation Inc. (NYSE:ACHR).
The deal will combine capabilities in autonomy, eVTOL aircraft, and uncrewed aircraft systems, resulting in an end-to-end physical AI platform for aerospace and defense, the firm said in a press release.
The agreement adds drone maker Insitu to the company's portfolio, a profitable business that generates over $200 million in annual revenue. Its takeover, along with those of Wisk Aero and SkyGrid, will provide access to Boeing's advanced autonomous flight technologies and strengthen Archer's position in defense and commercial logistics.

#wisk

The gold producer screens as a perfect bolt-on for a major, and with ownership so widely dispersed, the only real question is who might make the first move.
In a market that often rewards potential over profit, you sometimes find a company doing the opposite: generating serious cash flow from proven ******* ets, yet trading for a price that seems to ignore its own growth story. That's the situation at Fortuna Mining (FSM), a mid-tier gold producer whose numbers suggest it has the structural fingerprint of a takeover target. There is a concrete, named shortlist of who would most likely want to buy it, and why.
Why It Screens As A Target
First, the company looks inexpensive on its own merits. It trades at an EV/EBIT multiple of just 5.4x while delivering a return on invested capital of 21%. More importantly, it generates a powerful 17.9% free-cash-flow yield on enterprise value. The balance sheet makes a potential deal even easier to finance, with a net-debt-to-EBITDA ratio of -0.5x, indicating a net cash position. For a potential acquirer, this isn't about buying a turnaround project; it's about acquiring a de-risked, cash-generative production pipeline in key regions like West Africa and Latin America, with forward revenue growth estimated at 8.5%.
Who Would Want Fortuna Mining?

#screens

Democrats are widely expected to win control of the House in November's election. The Senate remains a tossup. But there is a nagging suspicion that Trump will somehow pervert the will of the people to ensure that Republicans retain their majority in the House and somehow steal the election.
Here's his playbook: For starters, MAGAs will demonize the Democrats. Evoking Senator Joseph McCarthy, President Trump has already referred to Democrats as "hard core, godless Communists."
Republican House majority leader Steve Scalise (R-La.) said, "The Bolshevik takeover of the Democratic Party is in full swing, and communism is on the ballot this November."
House Speaker Mike Johnson (R-La.) posted, "The question before Congress is whether we will preserve our constitutional republic OR chart a fundamentally different course that leads us down the ROAD TO COMMUNISM."
Trump will delegitimize eligible voters. He will scare them away from the polls by posting federal agents at their voting places or discouraging them by disparaging mail-in ballots.

#Trump

Tokio Marine is nearing what would be its largest-ever acquisition, with Suncorp now the preferred target after months spent weighing rival prospects in Australia and Canada, the Financial Times reported.
The push for an overseas takeover by the Berkshire Hathaway-backed ****** anese insurer is part of a broader strategy under CEO Masahiro Koike to expand the group's footprint beyond its domestic market.
Tokio Marine had reportedly been weighing several options including Australia's Insurance Australia Group (IAG) and Suncorp, alongside Canada's Intact Financial Corporation.
Suncorp and IAG are valued at approximately $14bn (A$19.55bn) and $13bn, respectively, whilst Intact carries a market value of around $34bn (C$47.08bn).
According to sources cited in the report, Intact was dropped from consideration on account of its size, leaving Suncorp as the frontrunner.

#intact #marine #financial #market

On August 14, 2026, Diana Shipping Inc. (NYSE:DSX) said that it is withdrawing its nearly year-long takeover bid for rival Genco Shipping & Trading Limited (NYSE:GNK) after Genco demanded terms Diana said: "no credible acquirer could realistically meet."
This ends one of the shipping industry's longest-running takeover fights, with Diana walking away rather than meeting Genco's final asking price. Did Genco successfully defend a fair valuation of its business, or did its board just let a real deal slip away?
Diana Shipping Inc. (NYSE:DSX)'s final offer would have valued Genco Shipping & Trading Limited (NYSE:GNK) at around $36.91 a share using Diana's August 13 closing price, a 42% premium to Genco's closing price that day. CEO Semiramis Paliou said Diana "gave this process every opportunity to succeed." Diana remains Genco's largest shareholder, keeping pressure on the board even after formally withdrawing its bid. Diana shares rose 3.2% on the news.
Diana Shipping Inc. (NYSE:DSX) called Genco Shipping & Trading Limited (NYSE:GNK)'s counter-demands, including $27.50 a share in cash plus $2.00 to show upcoming dividends and three Diana shares per Genco share, "convoluted." But walking away after nearly a year of tender offers and a proxy fight also means Diana spent significant time and resources pursuing a deal it ultimately couldn't close.
Genco Shipping & Trading Limited (NYSE:GNK)'s board held firm on its valuation through a tender offer and a proxy fight, and shareholders backed the board by voting against Diana Shipping Inc. (NYSE:DSX)'s remaining board nominees in June. It shows Genco investors were comfortable rejecting Diana's terms rather than accepting a discounted deal.

#genco #limited

Hannah Einbinder shared a lengthy Instagram story post on Monday evening supporting Mark Ruffalo after he was accused of being antisemitic by a Paramount spokesperson for highlighting the Ellison family's connection to the Israeli state and its military apparatus.
"I'm so grateful that Mark Ruffalo drew a connection between the Ellisons providing military technology to Israel during a genocide and their unprecedented media takeover–and pointed out that this is a dangerous consolidation of power that could ultimately be used against us," Einbinder posted.
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Mark Ruffalo Blasts Paramount For Calling Him "Antisemitic" Over Merger Criticism: "Appalling And Fundamentally Dishonest"

#paramount #Monday

Aug. 23, 2026 6:56 am ET
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(2 min)
The heirs to one of America’s biggest liquor fortunes are in the middle of an intense family drama. Profits at Brown-Forman are shrinking, and shares in the spirits company have lost 60% of their value over five years. People are drinking less of its flagship Jack Daniel’s whiskey, the CEO is leaving, and a crosstown rival has made a $15 billion hostile takeover bid. Laura Cooper takes us inside the rift among some family members who have controlled the company for more than 150 years.
And bourbon country isn’t the only place where things are getting heated. Tensions are rising in retirement communities thanks to baby boomers smoking more pot. Seniors are among the fastest-growing demographics for marijuana use, and their neighbors are fuming.

#America #people

Financial technology firms' SoFi Technologies, Inc. (NASDAQ:SOFI) and PayPal Holdings, Inc. (NASDAQ:PYPL)'s shares have diverged in performance in 2026. SOFI is down by 31% year-to-date while PYPL is up by 5.9%. PayPal Holdings, Inc. (NASDAQ:PYPL)'s stock has gained primarily on the back of takeover news, but Cramer has remained unconvinced. In his previous remarks about the firm, the CNBC TV host remarked that he was hesitant to recommend the stock on the basis of takeover news. In his morning appearance on August 17th, Cramer admonished **** ysts for recommending the stocks even though they were struggling:
"One of the more irritating parts of this market is, the insistence of loving fintech. The **** ysts just love fintech. And the three that they love are SoFi, Klarna, and now PayPal. Look, I totally understand it. But you don't need to reiterate every day people. We understand. PayPal maybe a takeover candidate. Klarna is doing really great. SoFi, it's going to come back. Just stop. **** ysts stop recommending these. Let them go to where they are on the downside. And then you can recommend them. . .I really think that's what happened is that, thatPayPal, when we heard that it might get a takeover bid, it made everything really exciting to people. But I just think, no, just go buy Wells Fargo. Go buy JPMorgan over Klarna. Okay. Or over PayPal."
SoFi Technologies, Inc. (NASDAQ:SOFI)'s narrative surrounds its valuation. The firm's forward P/E ratio is 31.55, which is nearly double that of banking giant JPMorgan and more than 2x of PYPL's 11.79. The risk to SoFi Technologies, Inc. (NASDAQ:SOFI)'s valuation comes from its transformation into a digital bank from a student loan company. Therefore, the firm's Financial Services and Technology platforms are at the center of the narrative.
On this front, SoFi Technologies, Inc. (NASDAQ:SOFI)'s second quarter saw its two businesses grow net revenue by 29% and drop by 23% annually. Technology suffered as a large client transitioned away from the platform. SoFi Technologies, Inc. (NASDAQ:SOFI)'s management added that the two businesses should account for more than 50% of overall revenue over the long term. To sum it up, the firm's headwinds could stem from high deposit costs of sizable amount of funds, such as $45 billion in the latest quarter, while the capital light Financial Services business and fee-driven Technology Services could lead the way to growth.
Shifting towards PayPal Holdings, Inc. (NASDAQ:PYPL), it's all about turnaround versus acquisitions. The turnaround camp, of which its management is also a part of, hinges on improved checkout performance, AI modernization, cost savings and Venmo growth. Through these, PayPal Holdings, Inc. (NASDAQ:PYPL) aims to save $400 million in costs in 2026 and streamline headcount in 2027. Therefore, the firm could experience tailwinds should it achieve the stated $1.5 billion in gross run rate savings and generate earnings power.

#NASDAQ #paypal