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 Corning Incorporated (NYSE:GLW). Corning Incorporated (NYSE:GLW) is a technology company that operates through its Optical Communication, Display Technologies, Environmental Technologies, Specialty Materials, and Life Sciences business segments. On July 27, 2026, Corning Incorporated (NYSE:GLW) closed at $143.36 per share. One-month return of Corning Incorporated (NYSE:GLW) was -43.88%, and its shares gained 131.30% over the past 52 weeks. Corning Incorporated (NYSE:GLW) has a market capitalization of $123.38 billion.
O'Keeffe Stevens Advisory stated the following regarding Corning Incorporated (NYSE:GLW) in its Q2 2026 investor update:
"Qualcomm and Corning Incorporated (NYSE:GLW) both appreciated materially in Q2. We trimmed both positions using a combination of options and stock sales.
Corning appreciated over 20% in Q2. Corning spent the second quarter signing up the biggest names in AI as customers and partners. In May, Nvidia and Corning announced a multiyear commercial and technology partnership under which Corning will increase its U.S. optical connectivity manufacturing capacity tenfold and expand U.S. Fiber production by more than 50%, including three new plants in North Carolina and Texas. Nvidia paid $500 million for rights to Corning shares, including warrants on up to 15 million shares at a $180 exercise price; if exercised in full, Nvidia's total equity investment could reach $3.2 billion. In June, Amazon signed a multiyear, multibillion-dollar agreement for Corning to supply the optical Fiber, cable, and connectivity for its expanding U.S. data centers. These follow the up to $6 billion supply agreement Meta signed in January. Historically, data centers used copper cables to connect their technology, some of which is switching to Fiber. Corning's Fiber may be a future bottleneck. As legacy data centers convert to newer, Fiber-connected racks, Corning contends with new data centers demand

Columbia Threadneedle Investments, an investment management company, released its "Columbia Seligman Global Technology Fund" second quarter 2026 investor letter. A copy of the letter can be downloaded here. During the quarter, the Fund's Institutional Class shares returned 50.34%, outperforming the MSCI World Information Technology Index's 33.65% gain. Stock selection in semiconductors, technology hardware and software, together with an off-benchmark electrical equipment allocation, supported relative performance, while exposure to financials, consumer discretionary and healthcare detracted. Technology stocks rallied as concerns over the Iran conflict eased and AI infrastructure spending boosted demand for semiconductors, memory, networking, servers and power solutions. The Fund expects AI and data-centre investment to remain strong, supported by broadening earnings growth and improving software bookings, cloud consumption and customer spending. However, geopolitical uncertainty, higher interest rates and heavy AI investment could pressure valuations and free cash flow. The strategy holds 50–75 technology companies across market capitalisations and uses bottom-up GARP research to identify misunderstood and undervalued businesses in the technology industry. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Columbia Seligman Global Technology Fund highlighted Lam Research Corporation (NASDAQ:LRCX). Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. On July 27, 2026, Lam Research Corporation (NASDAQ:LRCX) closed at $291.61 per share. One-month return of Lam Research Corporation (NASDAQ:LRCX) was -32.70% and its shares gained 194.73% over the past 52 weeks. Lam Research Corporation (NASDAQ:LRCX) has a market capitalization of $364.68 billion with a 52-week trading range between $90.94 – $438.50.
Columbia Seligman Global Technology Fund stated the following regarding Lam Research Corporation (NASDAQ:LRCX) in its Q2 2026 investor letter:
"Lam Research Corporation (NASDAQ:LRCX) was one of the largest positions in the fund during the quarter. The stock appreciated as investors became increasingly optimistic that AI-driven data-center spending would sustain robust demand for advanced semiconductor manufacturing equipment, while memory customers accelerated investments in high-bandwidth memory and dynamic random-access memory (DRAM) capacity. Lam stock also benefited from improving semiconductor-industry fundamentals, strong earnings execution and growing confidence that leading-edge logic and memory capital expenditures would remain elevated through 2026, supporting Lam's revenue and margin outlook."

#lrcx

This article was originally published on ETFTrends.com.
On July 28, Morgan Stanley launched two new spot crypto ETFs on NYSE Arca. The Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) provide spot price exposure to underlying ethereum (ETH) and solana (SOL), alongside additional distributions from staking yields. Both funds come to market with low expense ratios of 14 basis points.
Morgan Stanley launched the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca, both featuring expense ratios of 14 basis points.
The funds offer investors both spot price exposure to ETH and SOL, respectively, as well as additional income generated through staking yields. 95% of those network rewards are distributed back to shareholders.
MSSE and MSOL leverage Morgan Stanley's massive wealth advisor network and direct-to-consumer retail channel to drive steady, fee-based inflows rather than relying solely on market sentiment.

#stanley #msse #msol #NYSE

Madison Beer and Justin Herbert are engaged after nearly a year together.
The singer and Los Angeles Chargers quarterback announced the news in a joint Instagram post on July 28, sharing photographs and videos from an elaborate outdoor proposal surrounded by flowers.
"Meet my fiancé," Beer captioned the carousel, which also provided the first close look at her large diamond engagement ring.
One photograph showed Herbert on one knee beneath an arbor decorated with greenery and white flowers. Beer crouched in front of him as he held an open ring box, capturing the moment before she accepted his proposal.
The photographs, taken by Mark Deleon, showed Beer wearing a white cardigan and coordinating lace skirt by With Jéan. Herbert wore a white long-sleeved shirt with black trousers. They have not announced a wedding date, venue or other ceremony plans.

#proposal

Stuttgart centre-back Finn Jeltsch is on ****** nal's radar, with the Gunners considering a move for the defender this summer after he impressed in the Bundesliga last season.
The 20-year-old only joined his current club last year, but he quickly became one of the finest players in the team and secured a regular place in the starting lineup. His performances have attracted attention from some of Europe's biggest clubs.
Jeltsch's mature and impressive displays have convinced ****** nal that he is a player they should not miss out on if an opportunity to sign him becomes available. The Gunners believe he has the potential to continue improving and develop into an even better defender in the future.
Arsenal already has a strong defensive group featuring some of the best players in Europe, but the club is always looking to add more quality options to its squad. Jeltsch has now emerged as a possible target as they look to strengthen their back line.
The defender's ability to perform at a high level despite his age has made him an attractive option. ****** nal believes he could fit well into their system and provide valuable competition within the squad.

#gunners #last #club #squad

Cricket icon Sachin Tendulkar paid a heartfelt tribute to his late mentor, Ramakant Achrekar, on the occasion of Guru Purnima, expressing gratitude for the coach who laid the foundation of his legendary career. The batting great shared pictures from his visit to Achrekar's memorial at Mumbai's Shivaji Park and reflected on the invaluable lessons his coach imparted, both on and off the field.

In an emotional message posted on social media, Tendulkar wrote:

"Standing here today, I realised something. No matter how many years pass, I'll always feel like I have one more 'thank you' left to say. Thank you for believing in me, guiding me, and helping me become the person I am. Happy Guru Purnima, Achrekar Sir."
Achrekar was instrumental in nurturing Tendulkar's talent during his formative years at the famous Shivaji Park. Known for his strict discipline and emphasis on hard work, the veteran coach played a crucial role in developing Tendulkar's technique, temperament, and dedication, qualities that later defined one of the greatest careers in cricket history. Over the years, Tendulkar has repeatedly acknowledged Achrekar's influence, often crediting him for preparing him to handle the pressures of international cricket from a young age.

A memorial honouring Ramakant Achrekar was unveiled at Shivaji Park in 2024, celebrating his immense contribution to Indian cricket. Tendulkar attended the unveiling ceremony, paying tribute to the man widely regarded as one of the country's most influential cricket coaches.
Sachin Tendulkar concluded his legendary 24-year international cricketing career as the highest run-scorer and century-maker in the history of international cricket. Making his international debut for India at the tender age of 16 in 1989, he played continuously until his emotional farewell at his home ground in Mumbai in November 2013. He widely represents the gold standard of modern batting, finishing with 34,357 international runs and an unprecedented 100 international centuries.

#Cricket #park #sachin #ramakant

Tyler Lepley and Miracle Watts celebrated their wedding in an intimate ceremony at Acre Resort in Los Cabos, Mexico
Watts walked down the aisle with both parents and honored her mother by dedicating her wedding florals to her
The couple announced their engagement in November 2024 with a romantic proposal featuring a heart-shaped arch of roses
Tyler Lepley and Miracle Watts are married!
The couple, who met on the set of Starz's P-Valley, tied the knot in Los Cabos, Mexico on Saturday, July 25 at the Acre Resort. Lepley and Watts kept their guest list small, preferring to say "I do" during an intimate celebration.

#Mexico

The energy sector in 2026 is experiencing a split-margin scenario that few investors are pricing cleanly. Even though the broader market views the sector as mature and low-growth, refining margins remain significantly higher than their typical mid-cycle range.
Chemicals, on the other hand, are only now recovering from some of their lowest margins in years, with the Chemical Manufacturing Industry posting an EBITDA margin of 16.86% in the year leading up to Q2 2026.
Meanwhile, renewable diesel, which has long been a burden on integrated energy earnings, is moving from below break-even to mid-cycle profitability, thanks to a regulatory reset rather than increased demand. This comes as S&P Global reported that the applicable biomass-based diesel volume requirement has been substantially raised from 5.42 billion gallons in 2025 to 9.07 billion gallons in 2026.
Only a handful of companies sit at the center of all three cycles simultaneously. That's why Phillips 66 (NYSE:PSX) is worth a deeper study. It isn't a pure refiner, a pure chemicals operation, or a pure renewables gamble, but rather a company whose near-term earnings potential depends on three distinct margin recoveries occurring nearly in sync.
The refining rebound is already quantifiable as PSX's realized refining margin increased by 48% to $10.11 per barrel in Q1 2026, from $6.81 the previous year, while crude capacity utilization increased to 95% from 80%. This lifted the refining business from a $937 million adjusted loss in Q1 2025 to a $208 million adjusted profit, bringing overall adjusted EPS to $0.49, above the Wall Street forecast of a $0.40 per share loss.

#sector

Patriots Preseason 2026: Top Storylines to Follow During Training Camp originally appeared on NESN. Add NESN as a Preferred Source by clicking here.
The New England Patriots opened training camp this week with a singular focus: capturing the seventh Super Bowl ******* le in franchise history.
Following a stellar 14-win campaign and an AFC Championship under Mike Vrabel in 2025, the Patriots enter the 2026 season with heightened expectations. Rather than standing pat, the front office aggressively upgraded the roster by acquiring star wideout A.J. Brown via trade, signing dynamic receiver Romeo Doubs, and reinforcing the trenches with Alijah Vera-Tucker.
The influx of high-end talent has solidified New England as a premier championship contender, but translating offseason paperwork into on-field execution begins now.
As players take the field at Gillette Stadium, we break down the most critical storylines defining the Patriots' preseason.

#england

Corning Incorporated (NYSE:GLW) delivered rapid optical growth on July 28, then suffered a share-price decline of more than 20% after its guidance fell short of elevated expectations. Coherent Corp. (NYSE:COHR) also traded sharply lower. Coherent belongs in this story for a specific reason: the two companies monetize different components of the same AI data-center links.
Corning Incorporated (NYSE:GLW) supplies the passive layer, including optical fiber, cable and dense connector systems. Coherent supplies active devices and modules, including lasers, photodiodes and 800G and 1.6T transceivers that convert electrical signals into light and back again. As clusters add accelerators, network builders need both more fiber paths and faster optical endpoints. Corning's order pace can therefore provide a partial read-through on the volume and timing of deployments that create transceiver demand for Coherent Corp. (NYSE:COHR). It cannot establish Coherent's market share, pricing or margins.
Corning reported second-quarter core sales of $4.74 billion, up 17% year over year, and core earnings of $0.78 a share, up 30%. Optical Communications sales increased 32% to $2.07 billion. Within that segment, Enterprise Networks grew 65%, and the company said generative-AI product sales grew significantly faster.
The disappointment came from the next quarter. Corning projected $4.9 billion to $5.0 billion of third-quarter core sales, about 16% year-over-year growth but slightly below Wall Street's expectation, according to Reuters. Optical growth also eased from 36% in the first quarter to 32% in the second. Corning had gained roughly 64% in 2026 through the prior close, leaving little room for even modest deceleration.
Coherent's own latest quarter, ended March 31, argues against treating Corning's guidance as proof of weaker Coherent operations. Revenue rose 21% to $1.81 billion, GAAP gross margin reached 37.7%, and management cited exceptionally strong data-center and communications demand while expanding capacity. Its product roadmap includes 1.6T transceivers, lasers and photodiodes for AI networks. Different customer mixes, active-component content and manufacturing yields can make its results diverge from Corning's.

#corning #optical

Roma have been searching for a wing-back for quite some time, even more so after Zeki Celik's about-face, and they have recently been focusing their efforts on Ivan Fresneda, while Abde Ezzalzouli has emerged as a candidate to shore up their frontline, Alfredo Pedullà reports.
The Giallorossi have spoken with Sporting CP and the defender's camp three times recently. His valuation is around €17/18M plus hefty bonuses. They haven't decided to push for him for the time being, but he's one of the few players on their list. He headed to Portugal from Real Valladolid for €9M in 2023 and has racked up 81 appearances, scoring 4 goals and dishing out 3 **** ists.
In addition to tracking Fresneda, Roma poked around Ezzalzouli, but he's as pricey as their other offensive targets, some of whom have fallen through. He has hit the net 29 times and provided 18 helpers in 128 games with Real Betis. He has starred 37 times with Morocco.
The Giallorossi haven't given up on trying to acquire Antonio Nusa, but the negotiation is very complex. Instead, on the wing, they placed a small bid for Club America's Israel Reyes. They tendered €2.5M, while the counterparty asked for a lot more, €7M, Mexican publication Excelsior reports. He's been a stalwart for his current team for the past 5 seasons, featuring 146 times.
They need multiple wingbacks after the Celik fiasco and likely won't be able to splurge for two, especially since their interest in signing a big-ticket attacker hasn't waned despite capturing Santiago Castro. Wesley and Devyne Rensch's versatility gives them flexibility, but they should decide where they prefer using the former before adding.

#ezzalzouli

With less than a week remaining before Major League Baseball's trade deadline, the Los Angeles Dodgers have emerged as the betting favorites to land one of the game's premier pitchers.
According to the latest odds released by BetOnline Sports & Casino, the Dodgers are the favorites to acquire Detroit Tigers ace Tarik Skubal if the reigning American League Cy Young Award winner is dealt before the Aug. 3 trade deadline. Los Angeles is listed at 3/2 (+150), ahead of the New York Yankees at 5/2 (+250) and the Milwaukee Brewers at 3/1.
Whether Skubal is actually available remains one of the biggest questions leading up to the deadline. The Tigers remain in contention and have shown little public willingness to move the 29-year-old left-hander, who has established himself as one of baseball's most dominant starting pitchers. But should Detroit decide to entertain offers, oddsmakers believe the Dodgers are the most likely destination.
It would be easy to understand why.
The Dodgers have once again positioned themselves among the National League's elite, but adding another frontline starter has long been viewed as a potential priority for president of baseball operations Andrew Friedman. A rotation featuring Skubal alongside Yoshinobu Yamamoto, Tyler Glasnow, Blake Snell and Shohei Ohtani—when fully stretched back into pitching duties—would give Los Angeles arguably the deepest and most talented staff in baseball entering October.

#league #trade

Kerim Alajbegović is reportedly on the verge of completing a move to Juventus, based on Sky Germany's latest updates.
Bayer Leverkusen and the famous Turin-based outfit have reached a full agreement on a permanent transfer for the winger.
Juventus are expected to initially pay €33million up front for the 18-year-old Bosnia Herzegovina international.
The transfer fee could rise to as much as €40million through bonus payments, while only the final details remain to be settled.
Should Juventus get the deal over the line, the Old Lady will have fended off interest from both Chelsea FC and Atalanta Bergamo.

#million #bayer #leverkusen

Paul messaged the sweepstakes winners, and James posted the news on social media in a shared story with Topps featuring an image of him in a white No. 23 Sixers uniform next to an autographed 1-of-1 trading card -- making history as the first athlete to monetize his or her free agency that way. "And then he put his phone down and didn't take any calls," a source close to James said.
This article originally appeared on Hoops Hype: "And then he put his phone down and didn't take any …

#james #didn 't #take

Multiple French reports suggest Randal Kolo Muani will fly out over the next 48 hours to join Juventus, after they finally agreed a mandatory purchase option with Paris Saint-Germain.
The matter has been dragging on since the moment he first arrived on loan in January 2025, but when they failed to work out a permanent agreement that summer, he was loaned to Tottenham Hotspur instead.
Negotiations carried on in recent months to find a breakthrough, and it seems today they finally managed to settle on a transfer format both clubs could be happy with.
LONDON, ENGLAND – JANUARY 04: Randal Kolo Muani of Tottenham in action during the Premier League match between Tottenham Hotspur and Sunderland at Tottenham Hotspur Stadium on January 04, 2026 in London, England. (Photo by Richard Heathcote/Getty Images)
RMC Sport, Le Parisien and more all confirm Kolo Muani is packing his bags, expected to fly out for his medical tests in Turin within the next 48 hours.

#hotspur

Jalynn Grantham went viral after her car broke down during a "Get Ready with Me" video en route to a client and spoke with PEOPLE exclusively about the incident
The makeup artist's mom hit a pothole, causing her tire to roll off, delaying Jalynn by two hours on a wedding day
Despite the chaos, Jalynn explained how she was able to complete all five clients' makeup on time
Well, this took an unexpected turn.
Jalynn Grantham, a 25-year-old makeup artist from Idaho, went viral on social media after posting a "Get Ready with Me" video of herself doing glam en route to a bridal client and accidentally capturing the moment her car broke down.

#jalynn #viral

Jared Leto has been accused of criminal **** ual conduct by four women, who claim the offenses occurred when they were teenagers.
In a new BBC documentary "Jared Leto: Hollywood's Dark Secret" — airing Wednesday — a total of 10 women come forward with allegations against Leto, nine of whom the BBC says are sharing their stories for the first time.
More from Variety
BBC Buys War Drama 'Kabul,' Featuring Eric Dane in One of His Last Roles
Wonder Project Expands International Slate With Three Series from U.K. and Ireland, Including Julia Roberts and Russell T. Davies Shows (EXCLUSIVE)

#dark #variety #buys

The Professional Fighters League has finalized the lineup for itsJuly 31 event at UBS Arena in Long Island, New York, featuring an11-bout card headlined by a lightweight **** le fight.

PFL New York is headlined by UsmanNurmagomedov vs. ArchieColgan. The card also features several notable matchups acrossthe main and preliminary cards.
PFL New York will see undefeated champion Nurmagomedov (21-0)defend his lightweight crown against unbeaten contender Colgan(13-0) in the main event.

In the co-headliner, top-ranked women's flyweight DakotaDitcheva (15-0) returns after more than a year on the sidelinesagainst DeniseKielholtz (9-5) in a bout with significant **** le implicationsat 125 pounds.

The main card also includes a light heavyweight matchup betweenDovletdzhanYagshimuradov (26-8-1) and SimeonPowell (12-2), while unbeaten lightweight prospect AmruMagomedov (10-0) squares off against AngelAlvarez (11-2).

The preliminary card is topped by a bantamweight clash betweenRaufeonStots (21-4) and unbeaten LazaroDayron (10-0-1). Elsewhere, JonathanPiersma (12-3) faces Omar ElDafrawy (15-6) in a 175-pound catchweight contest, Sean Gauci(11-1) faces AllanBegosso (10-4-1) at bantamweight and unbeaten light heavyweightprospects MoustaphaDiakhate (5-0-1) and ZachariaNishimwe (4-0) are also set to collide.

A lightweighttitle fight headlines PFL NY: Tune on Friday, July 31 at 7 p.m. ETon ESPN.

Other scheduled matchups include a light heavyweight bout betweenundefeated KhabibNabiev (12-0) and JamelleJones (15-8), a women's flyweight contest featuring MontanaDe La Rosa (13-9-1) against unbeaten TatianaPostarnakova (7-0) and a lightweight matchup pitting Chamy Delva(7-1) against LevanKhabalaev (4-0).

The prelims begin at 4 p.m. ET/1 p.m. PT on ESPN App, with the maincard airing at 7 p.m. ET/4 p.m. PT on ESPN.

#unbeaten #main

The Philadelphia 76ers have no shortage of scoring after adding LeBron James and Jaylen Brown to a core featuring Joel Embiid, Tyrese Maxey and VJ Edgecombe. Their more complicated challenge involves deciding who will organize an offense filled with players accustomed to controlling the ball.
Draymond Green believes the answer must be James.
"He's going to have to play the point to get everybody involved," Green said on "The Draymond Green Show."
Green's position closely matches Philadelphia's reported plan. ESPN's Shams Charania said the Sixers expect James to spend significant time initiating Nick Nurse's offense, allowing Maxey to shift away from full-time point guard responsibilities, per Bleacher Report.
Green argued that asking Maxey to balance his scoring duties with the responsibility of keeping every Philadelphia star involved would place too much pressure on him.

#james #scoring #offense #involved

Microsoft Corporation (NASDAQ:MSFT) is seeking to position itself as the platform of choice for enterprise frontier AI adoption. It is part of the company's strategy of extending its cloud platform, Azure, beyond traditional infrastructure into the foundation for nmext-generation AI computing.
That was evident on July 21, as the software giant confirmed the expansion of its strategic partnership with Mistral. The collaboration is designed to give enterprises and regulated industries access to frontier AI models that they can deploy with greater control over security, governance, and compliance.
The expanded partnership reinforces Microsoft's ambition to become the trusted AI infrastructure provider for highly regulated industries, including financial services, healthcare, government, defense, energy, and manufacturing.
As part of this agreement, Microsoft will use Mistral's expanding European GPU infrastructure. Mistral, on the other hand, has added its AI models called Medium 3.5 and OCR 4 to Microsoft's app builder known as Foundry; while Microsoft Copilot Studio has brought on Medium 3.5 ⁠as well.
Photo by Microsoft 365 on Unsplash

#frontier

It's a bird! It's a plane! It's ... Jimothy!
The viral raccoon will be honored by his hometown baseball team, the Seattle Mariners, during an upcoming game on Aug. 5.
The promotion listed on the team's website will feature free Jimothy rookie cards to the first 20,000 fans who show up at T-Mobile Park to watch the Mariners take on the Detroit Tigers. There will be a handful of exclusive cards, 1 of 1 gold, 1 of 100 silver, 1 of 500 shiny blue and 1 of 2,000 numbered, among the mix.
If someone is a superfan of Jimothy, they can buy a special Jimothy Night ticket that includes a t-shirt featuring an animated image of Jimothy wearing a Mariners hat. With each ticket purchase, the team will donate $2 to the Ballard Food Bank.
The Mariners just announced "Jimothy Night," happening at T-Mobile Park next Weds (8/5)

Fans who buy through the team's ticket special link will get a Mariners x Jimothy t-shirt. The first 20,000 fans will also score an exclusive Jimothy Rookie Card, with several being chase… pic.twitter.com/PUNHfmUhLo

#jimothy #ticket #mobile #night

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.
Boring wins again. Italgas, the pipe company ***** ody talks about at parties, just posted a record 81% margin and 25% EBITDA growth by doing something shockingly simple: buying a rival and actually integrating it well.
Italgas, Europe's largest gas distributor, posted first-half adjusted EBITDA of €1.07 billion, up 25% year over year. Total adjusted revenue climbed to €1.32 billion, up 17.5%, and adjusted net profit rose 27.3% to €398.6 million. CEO Paolo Gallo called the margin the highest in company history.
The engine behind all of it is last year's acquisition of 2i Rete Gas. Italgas has already banked roughly 42% of its 2032 synergy target, capturing about €130 million in savings in just six months, against €35 million for all of 2025 combined. Total operating costs fell 6.4% even after absorbing the new company's cost base, and dropped more than 20% on a like-for-like basis. Full-year guidance and the long-range strategic plan both stayed intact.
There's no oil-price guessing game here, no battery race, no app anyone needs to fall in love with. Italgas owns pipes under regulated contracts and gets paid to keep them running. The 2i Rete Gas numbers prove something specific: this deal wasn't just about scale, it was about actually finding the overlap in networks, contracts, IT systems, and procurement, and squeezing real money out of it, faster than the integration playbook usually allows.

#italgas #total #company #posted

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

On training camp eve, Indianapolis Colts general manager Chris Ballard indicated that the club currently intends to keep all three quarterbacks: Daniel Jones, Anthony Richardson, and Riley Leonard.
While Richardson's earlier offseason trade request still stands, the Colts have appreciated the ongoing positional competition between Leonard and him behind Jones, with Richardson consistently being a high quality teammate—and don't plan to 'give him away' by any means (via WISH-TV):
#colts general manager Chris Ballard said the intention is to keep all three quarterbacks: Daniel Jones, Anthony Richardson, and Riley Leonard.

Ballard on if Richardson's trade request is still on the table:

"It is, but… we're not just giving him away." pic.twitter.com/KJNeDxTOx9
Perhaps it's purely trade posturing, but Ballard insinuated that he believes Richardson still has a bright future in this league—although he stopped short of saying it will continue to be with the Colts. It's worth noting that Richardson is in the last year of his Colts rookie contract, and Indy would save $5.385M if traded this season.
With Jones limited, the Colts had been splitting offseason reps between Richardson and Leonard with the first-team offense. It'll be interesting to see who primarily receives the backup quarterback reps behind Jones now or whether it'll continue to be a split throughout training camp and preseason until the QB2 victor emerges.

#colts #leonard

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

The Trump administration is weighing whether to extend access to some Chinese rare earth materials beyond the January 1, 2027 cutoff after U.S. producers acknowledged they cannot build sufficient domestic processing and magnet capacity before the deadline, Reuters reported on Monday.
Industry executives and Pentagon suppliers told Reuters that U.S. processing and magnet manufacturing capacity remains insufficient to meet despite billions of dollars in federal support for new mines, separation facilities and downstream manufacturing.
The gap threatens not only military procurement but also supply chains serving electric vehicles, offshore wind, robotics, data centers and other energy-intensive industries that depend on high-performance permanent magnets.
The shortage centers on neodymium-iron-boron (NdFeB) and samarium-cobalt magnets, which rely on rare earth supply chains that China continues to dominate. Beijing still controls the overwhelming majority of global rare earth refining and permanent magnet production, giving it enormous leverage over downstream manufacturing even as Western governments accelerate efforts to diversify supply.
While the United States has made meaningful progress expanding domestic mining, processing, alloy production and magnet manufacturing require specialized infrastructure that has taken China decades to develop.

#earth #supply

UFC Fight Night 282 took place Saturday at Etihad Arena in Abu Dhabi, featuring Magomed Ankalaev vs. Bogdan Guskov in the main event. The former champion Ankalaev sat at No. 2 in the light heayvweight division ahead of the event, and holds his spot after a final-round TKO win.
In the co-main event, former flyweight **** le challenger Steve Erceg was stopped by Ramazan Temirov. Erceg loses his No. 11 spot, falling to No. 13. Temirov enters the ranks, claiming the No. 12 spot, while Asu Almabayev moves up to No. 11.
PFL Washington took place in the nation's capital, where Thad Jean claimed the vacant welterweight **** le by defeating short-notice replacement Ernesto Rodriguez. Jean enters the honorable mentions at 170 pounds, while his original opponent, Shamil Musaev, falls out.
Check out all of the moves in the latest USA TODAY Sports/MMA Junkie rankings.
This article originally appeared on MMA Junkie: USA TODAY Sports/MMA Junkie rankings, July 28: Ramazan Temirov enters top 15

#enters #jean

An early look at the Madden 27 ratings is here, and there are some surprises for fans.
One of those comes when taking a look at the highest-rated rookies in the game. There are several recognizable names among that grouping, and unsurprisingly, every name on the list was selected in the first round of the 2026 NFL Draft. However, there is one prominent player selected in the first round this year that was shockingly omitted from the top 10 rated rookies.
Despite capturing the Heisman Trophy last year and being selected by the Las Vegas Raiders as the No. 1 overall draft pick, Fernando Mendoza was not among the top 10 rated rookies in the new game. The cut-off to make that list was a 78 overall rating, while Mendoza only sits at a 74 overall – missing the top 10 by just a few points.
But reports indicate that the franchise plans to run with Kirk Cousins as the starter this year, so his rating should reflect that he may not make as big an impact in his rookie season. And no one is going to care about his Madden rating in July if he does make the field and plays well this season. It is just a game, after all.
But someone has to be among the top 10 rated rookies in the game, so who made that list? Well, at the top of the list was running back Jeremiyah Love, the third overall selection in the draft by the Arizona Cardinals. Love procured an 82 overall rating in the game. Joining him with an 82 rating was safety Caleb Downs, who was picked by the Dallas Cowboys with the 11th overall pick in the draft.

#rated #rookies

The "get-in" price for the Philadelphia 76ers preseason home debut has surged following the team's signing of LeBron James, according to secondary ticket marketplace TickPick, far exceeding the average cost of a 76ers regular season home game ticket in 2025.
James announced his departure from the Los Angeles Lakers to the Philadelphia 76ers last week.
The "get-in" price for James' preseason home debut against the Boston Celtics on Oct. 16 is $165 on the secondary market, which is 142% more expensive than the overall average purchase price ($68) for 76ers regular season home games in the 2025-26 season, according to TickPick.
Several non-premium tickets have reached as high as $589 for the preseason matchup on TickPick.
The vast majority of other preseason games in October featuring teams other than the 76ers have get-in prices well below the $100 mark, with some matchups offering tickets around the $30 range.

#preseason #tickpick #season #philadelphia

In a recent report, Tuttosport mentioned that Liverpool are showing interest in Juventus winger Francisco Conceicao. It has been mentioned that the Reds are prepared to launch a €50m move to sign the Portuguese wide player this off-season.
The 23-year-old managed to shine at times with his performances on the right side of Juventus' attack in the previous campaign. Conceicao scored four goals and picked up five ***** ists in 42 appearances for the Turin outfit last season on all fronts.
The Portuguese talent is currently among the most talented wide players in Serie A. Hence, it is no surprise that the Reds are hoping to sign him in this transfer window.
His current contract at the Turin club will expire in the summer of 2030, which could make it tough for Liverpool to land him on the cheap later this year.
TORONTO, ONTARIO – JULY 02: Francisco Conceicao #26 of Portugal reacts during the FIFA World Cup 2026 Round of 32 match between Portugal and Croatia at Toronto Stadium on July 02, 2026 in Toronto, Ontario. (Photo by Buda Mendes/Getty Images)

#Liverpool #portuguese #turin #ontario