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Analyst Connect July 2026: Portfolio Strategy Guidelines

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Analyst Connect July 2026: Portfolio Strategy Guidelines

An investor is looking at stock charts on mobile phones and tablets, he is a stock investor, he trades stocks by analyzing the charts and using indicators to enter trades. Stock investment idea.

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Portfolio Strategy Guidelines

This year’s twists and turns threw typical portfolio dynamics some curveballs. A change of guard in the Fed, volatile geopolitics, the heated AI trade, and long-awaited IPOs all posed challenges and opportunities that left readers hungry for portfolio-level guidance. Analysts stepped up to the plate, delivering more portfolio strategy pieces addressing this year’s market volatility, satisfying readers’ increased interest in managing downside risk and capturing momentum. We’d like to take this opportunity to share some guidance about portfolio strategy must-haves, as well as ways to make your portfolio strategy stand out.

The purpose behind portfolio strategy pieces is to give readers meaningful, usable instruction on how to achieve a certain portfolio objective. Therefore, it’s important that portfolio strategy articles lead with their purpose, whether it’s a certain income threshold, maximizing gains, risk-adjusted returns, or another outcome. These outcomes should also be quantified so readers can validate the effectiveness of the strategy: Sharpe, Sortino, CAGR, max drawdown, reinvestment ratio for high-yield ETFs that experience NAV drag, correlations between assets, and other methods help readers understand what the strategy has done in the past. Examining these should also inform what you feel the strategy can do going forward, so using forward metrics, like forward standard deviation and forward P/E, for example, can support your view. Even all-weather strategies should let readers know what they can expect in the near term.

Though backward-looking analytics can help support a forward-looking use, they shouldn’t be solely relied on to prove how a strategy may play out in the future. You should explain what makes you believe prior performance should repeat, or change, in the environment ahead, as Cain Lee does in his article on SCHD. If you use a backtest, please be sure that you don’t formulate a future view based on this only, as it’s easy to select securities looking at markets in the rearview mirror. This incorrect use of a backtest isn’t helpful or instructive to readers, so please ensure that any backtests are used to test for some of the quantitative metrics you’d use, keeping in mind an application of your analysis to your view of what’s ahead.

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Each portfolio strategy article should stand on its own, even if it’s an update to prior work on the same topic. Feel free to reference prior articles, but also present all the necessary information readers would need for their main takeaways.

As with other articles, a discussion of risks should include what could make the strategy not yield the desired outcome. This could reference both changes in the environment you foresee and asset-specific behavior. Peter Richman does this well in his article on valuations, which frames the current market through the lens of several qualitative and quantitative filters, giving readers a framework for the upcoming environment.

And lastly, given that the primary point behind portfolio strategy articles is delivering practical applications of investment insights, please avoid articles that heavily focus on proprietary methods or securities, in line with our black box guidelines. You don’t need to give away your trade secrets, but an overview of a purely black box method is not very useful for readers and can come off as overly promotional. Please be sure to include valuable insights and instructions readers can apply to their portfolios without having to purchase your service. One example of how this can be done is in this recent piece by Sungarden Investment Publishing, where a simple SPY/BIL strategy is used as a way to capture some of what the proprietary portfolio can accomplish.

Prediction Markets and Analysis: Best Practices

Love ‘em or hate ‘em – prediction markets are all the rage. Everything from wagers on clinical trials for biotechs to betting on streaming numbers for an on-the-rise indie music song is gaining attention, not only from everyday gamblers but also investors.

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Our guidelines for articles:

We will allow analysts, on a limited basis, to cite statistics from prediction market bets to help support their analysis. But we emphasize that this should only be used as supporting information and not the sole focus of the article.

We will not allow recommendations on making a bet in prediction markets. And we ask analysts to disclose if they have placed a bet on a prediction market outcome.

Editors have discretion for the use of information on prediction markets in articles. Analysts can reach out to editors at submissions@seekingalpha.com with questions or ideas on how to use information on prediction markets.

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Article Competition Is On! Best Industry Disruptor

Don’t forget Seeking Alpha’s latest article competition.

The Best Industry Disruptor Competition goes until Aug. 24, so you have plenty of time to submit an entry. We’re looking forward to seeing all the ideas.

Details can be found here.

Introductions: Some “Outside the Box” Ideas from Analysts

Along with summary bullet points and titles, introductions aim to “sell” an article to readers, outlining the unique, most important parts of an analysis. Each analyst may have a different approach with introductions, but that first paragraph should clearly set the stage for what comes next for readers.

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Our top advice: Make sure an introduction outlines the forward-looking, actionable, investment-specific premise. Point out previous coverage. Mentioning a previous article does not necessarily need to be in the first paragraph. But previous coverage should be in the second or third paragraph (if not in the introductory paragraph).

While most analysts take the method outlined above, some analysts have established their own unique voice at the start of an article. Writing is a creative process. And we encourage analysts to find what may work best for their articles.

Some examples that stand out:

Present something relatable: Brad Thomas often talks about the “lessons learned” in his decades of experience. Treading Softly takes a different direction, offering something more personal (on consumer choices) but also potentially relatable to readers.

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Offer an analogy: Use an example outside of investment analysis that helps set up your article. Hidden Opportunities, a supporting analyst for Rida Morwa, outlines how a song’s structure can resemble parts of an investment strategy.

Challenge the status quo: Offering some snarky commentary, presenting a contrarian opinion, or trying to challenge popular sentiment at the start may likely lead to stronger reader engagement. Bret Jensen often offers a cynical angle on the current macro picture that leads to a lot of comments (just keep in mind our article comment guidelines).

Keep it short: This is not something we recommend for every article. But a short introductory sentence may help entice readers to read further into the analysis. Joseph L. Shaefer takes this approach with this “lightning strikes twice” angle.

Whatever direction is taken, make sure there’s sufficient detail regarding your investment premise at the start. Editors often use the introduction (or the bullet points at the top) for article optimization purposes. And you want to establish what readers can expect at the top.

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And don’t forget to create a strong conclusion. A strong finish generates more reader interest (think comments). And writing the conclusion first may help with the creation of an impactful introduction. More on the parallels between the introduction and conclusion can be found here.

Looking Ahead to August

The last week of July features a significant number of earnings reports from highly followed companies, and the momentum keeps going into August. The quantity and the importance taper off a bit in the back half of the month. We also see several themes each week during the month as it starts out tech-heavy and then shifts to a retail focus in week 3. Please keep in mind that as we get further out in the month, some of the earnings dates haven’t been confirmed by the companies yet, and these are estimated dates.

Seeking Alpha Earnings Calendar

Week 1 (August 3-7)

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At this point all but one of the Magnificent 7 should have reported earnings, but that doesn’t mean there aren’t some heavyweight reports still due. On Monday, highly followed Palantir (PLTR) will lead the charge, and it will be joined by Mitsubishi UFJ Financial Group (MUFG), Vertex Pharmaceuticals (VRTX), and Marriott (MAR). Tuesday brings a mix of sectors with 11 different companies expected to report with market caps of more than $100 billion. The largest of them all is AMD (AMD), and it’s joined by another big tech name in Arista Networks (ANET). We will also hear from industrial powerhouse Caterpillar (CAT) as well as healthcare heavyweights Merck (MRK), Amgen (AMGN), and Pfizer (PFE). Not to be left out, consumer discretionary will see Toyota Motor (TM) and McDonald’s (MCD) reporting.

Wednesday doesn’t show much of a let up as eight more $100B-plus companies are expected to report. Eli Lilly (LLY) is one of three trillion-dollar companies reporting during week 1, and it’s set to report before the open. Joining the pharmaceutical giant are tech firms Sandisk (SNDK), Western Digital (WDC), Shopify (SHOP), and AppLovin (APP). Disney (DIS), Uber (UBER) and CVS Health (CVS) round out those with a market cap above $100B.

Thursday is the busiest day of the entire month of August (and all earnings season) with a total of 435 companies expected to report. The most anticipated report will come from the largest IPO in history, Space Exploration Technologies (SPCX), in its first report since going public. We all also expect to hear from energy giants Conoco Phillips (COP) and Petróleo Brasileiro (PBR). Two industrial names round out the reports for companies in the $100B club, Parker-Hannifin (PH) and Howmet Aerospace. Friday does see a drop-off in highly followed names reporting, with Gilead Sciences (GILD) and Warner Bros. Discovery (WBD) being the biggest ones. Berkshire Hathaway (BRK.A) is expected to report on Saturday, Aug. 8.

Week 2 (August 10-14)

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Week 2 starts to see a bit of a let-up in terms of companies with market caps over $100B, as we don’t see any of these giants until Wednesday. Monday’s docket is led by Simon Property Group (SPG) and Ferguson Enterprises (FERG) as well as Circle Internet Group (CRCL), which has been gaining followers recently. Moving over to Tuesday, we see Asian-focused retailer Sea Limited (SE) along with Lumentum (LITE) and Cardinal Health (CAH) all expected to report.

Wednesday features the biggest report (in terms of market cap) with Cisco Systems (CSCO) reporting after the close. Another highly followed name reporting on Wednesday is Oklo (OKLO). Looking out to Thursday, we expect to hear from Applied Materials (AMAT) along with Alibaba (BABA). Coherent (COHR) is the only company reporting on Friday with a market cap above $50B.

Week 3 (August 17-21)

As we move to week 3, the total number of reports really drops off, but we start to see a shift in terms of sectors that dominate the reports. Monday shows that Palo Alto Networks (PANW) and Zoom Communications (ZM) are the headliners expected to report that day. Tuesday brings us Home Depot’s (HD) report, and it kicks off a string of days where we expect to hear from members of the retail sector. Keysight Technologies (KEYS) is also expected to report on Tuesday.

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Wednesday’s biggest report (in terms of market cap) comes from Analog Devices (ADI), and it’s joined by three big retail names: The TJX Companies (TJX), Lowe’s (LOW), and Target (TGT). The retail theme continues on Thursday when we expect to hear from the world’s largest retailer, Walmart (WMT), as well as Ross Stores (ROSS). Deere & Company (DE), NetEase (NTES), and Intuit (INTU) are also expected to report. As for Friday, Baidu (BIDU) and Williams-Sonoma (WSM) are the only two large caps expected to report.

Week 4 (August 24-31)

Looking at the last full week of August, the number of reports continues to wane. On Monday, Heico (HEI) is the only large cap expected to report. The software industry is in the spotlight on Tuesday with reports expected from CrowdStrike (CRWD), Autodesk (ADSK), and Workday (WDAY), and they’re joined by Affirm Holdings (AFRM), MongoDB (MDB), Dick’s Sporting Goods (DKS), and Best Buy (BBY), to name a few.

Despite the drop-off in reports, Wednesday is a huge day as we expect to hear from Nvidia (NVDA), and that may be the most closely watched report of the entire earnings season. We also expect to hear from Salesforce (CRM), PDD Holdings (PDD), Snowflake (SNOW), and Synopsis (SNPS), among others expected to report. Moving out to Thursday, we see a mix of tech names and retail names expected to report. Marvell Technology (MRVL) leads the charge along with HP Inc. (HPQ), Burlington Stores (BURL), and Ulta Beauty (ULTA). We also expect to hear from Chinese automakers XPeng (XPEV) and Li Auto (LI) that day. The last two days of August don’t feature any companies with a market cap over $10B.

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August Investor and Industry Events

August 1 – Chinese electric vehicle makers NIO, XPeng, Li Auto, and BYD report deliveries

August 1 – One-year anniversary of T-Mobile and US Cellular merging

August 1-6 – Black Hat USA conference

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August 2 – OPEC+ online meeting of seven voluntary-cut producers (Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, Oman) to review market conditions and set September production

August 3 – Fed SLOOS report expected

August 3 – Merck & Co., Inc. Business Update Call

August 5 – Costco reports monthly sales

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August 6-9 – DEF Con security event

August 7 – Manheim Used Car Index report

August 7 – Approximate day Boeing and Airbus report monthly deliveries

August 9-11 – KeyBanc Technology Leadership Forum (includes AMD)

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August 12-13 – JP Morgan Auto Conference

August 12 – WASDE report on major crops

August 12 – Google Pixel media event

August 12 – OPEC monthly oil report

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August 13 – NFL Madden 27 releases

August 13 – SanDisk Corporation Investor Day

August 13 – IDEXX Laboratories, Inc. Investor Day

August 14 – 13F filings due from hedge funds

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August 17 – FDA action date on Bristol-Myers’ Iberdomide

August 22 – FDA action date on Capricor Therapeutics’ Deramiocel

August 23 – Jefferies Semiconductor, IT Hardware & Communications Technology Conference

August 25-27 – The Six Five Summit: AI Unleashed event

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August 27 – Gentex Corporation Investor Day

August 29 – College football season begins

August 30 – CrowdStrike inaugural Day Zero Threat Research Summit

August 31 – MSCI quarterly review

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August 31 – VMware Explore

August 31 – Fed’s G.20 Finance Companies report

Major Economic Reports and Events

August 3 – ISM Manufacturing, Construction Spending

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August 4 – Trade Balance, Factory Orders

August 5 – ADP Employment Change, ISM Services

August 6 – Q2 Productivity, Unit Labor Costs

August 7 – July Employment Report

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August 11 – Existing Home Sales

August 12 – CPI, Treasury Budget

August 13 – PPI

August 14 – Retail Sales, Univ. of Michigan Consumer Sentiment

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August 17 – NAHB Housing Market Index

August 18 – Building Permits, Housing Starts, Industrial Production, Capacity Utilization, Pending Home Sales

August 19- FOMC Minutes

August 25 – Building Permits, S&P/Case-Shiller Housing Index, Consumer Confidence, New Home Sales

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August 26 – PCE Price Index, Personal Income Personal Spending, Durable Orders

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Huawei Cloud Launches Agentic Infrastructure and CodeArts Agent OBT in Thailand

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Huawei Cloud Launches Agentic Infrastructure and CodeArts Agent OBT in Thailand

BANGKOK, July 24, 2026 /PRNewswire/ — Huawei Cloud hosted Huawei Cloud Summit Thailand 2026, bringing together leaders from government, business, industry partners, and the technology community to exchange views on how cloud and AI can support Thailand’s digital economy. During the event, Huawei Cloud announced “Huawei Cloud Agentic Infrastructure: Now Available for Thailand” and officially launched Huawei Cloud CodeArts Agent Open Beta Testing (OBT) in the country.

Mr. Sunny Shang, President of Huawei Cloud APAC, outlined the company’s commitment to working with customers and partners to build an AI-driven digital future for Thailand. Regarding the government’s direction, the Ministry of Digital Economy and Society emphasized the acceleration of digital transformation through national AI policies, public-sector adoption, and stronger public-private collaboration.

The public-sector highlighted how AI can improve government operations and make public services faster and more convenient. NECTEC also presented a Government AI case study covering the development of AI infrastructure and platforms, as well as AI chatbots and intelligent assistants designed to support government officials and improve services for citizens.

Building the Foundation for the Agentic AI Era

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Mr. Surasak Wanichwatphibun, CTO of Huawei Cloud Thailand said Huawei Cloud will continue to strengthen its technological capabilities and build a robust computing infrastructure to drive AI innovation across enterprises.

At the center of the announcement is Agentic Infra, a new infrastructure designed specifically for developing and deploying AI agents. It supports efficient token generation, unified scheduling of general-purpose and AI computing resources, continuous learning, and secure and autonomous agent operations.

Mr. Surasak introduced four new features under Agentic Infra:

  • UnifiedBus-based AI Cluster Service (AICS), which supports highly efficient token generation
  • Agentic Memory Storage Service (AMS), which delivers PB-scale memory storage to address a key bottleneck in agent memory, enabling long-horizon tasks and facilitating continuous learning.
  • AgentSphere, which offers a secure and autonomous runtime environment for AI agents
  • CCE VolcanoNext, which enables unified scheduling of general-purpose and AI computing resources

CodeArts Agent OBT Launches in Thailand

Another major highlight was the launch of Huawei Cloud CodeArts Agent OBT in Thailand, giving local developers and enterprises an opportunity to experience Huawei Cloud’s coding agent and provide feedback before its wider release.

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CodeArts Agent combines IDE functionality, autonomous development capabilities, and coding models. It supports project-level code generation, code completion, R&D knowledge Q&A, and unit test case generation.

The platform also applies Specification-Driven Development (SDD) to help development teams maintain code quality from the requirements stage through to final delivery.

It is worth mentioning that this release also introduces the Agent Team mode, which can automatically form a development team, enabling multiple agents to collaborate concurrently and execute tasks simultaneously.

By reducing repetitive tasks, CodeArts Agent can help developers work more efficiently and allow organizations to bring digital products and services to market faster.

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The OBT launch forms part of Huawei Cloud’s efforts to support Thailand’s developer community and make AI-assisted software development more accessible to organizations of different sizes.

Strengthening Security for Enterprise AI

Mr. Surasak also emphasized security, stability, and quality as key priorities for enterprise AI adoption. As cyberattacks become increasingly automated and AI-driven, Huawei Cloud has upgraded its security services in two areas: protecting AI systems and using AI to strengthen cyber defense.

Its model lifecycle security solution covers AI infrastructure, training data, model inference, and agent applications.

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For enterprises concerned about data sovereignty and privacy, Huawei Cloud provides dedicated security zones that allow customers to independently manage their encryption keys while preventing platform administrators from accessing customer data. Software-hardware integration and hardware acceleration are also used to maintain encryption performance without compromising service efficiency. Huawei Cloud has also introduced Data Capsule technology, which ensures that data can only be used within authorized environments and automatically becomes invalid if moved outside a designated security zone.

Showcasing AI Use Cases Across Industries

Huawei Cloud Summit Thailand 2026 also featured AI and cloud use cases from organizations in Thailand. These included the development of AI platforms and intelligent assistants for the public sector, the use of AI coding and large language models in banking, and AI-powered learning and skills development platforms for the HR sector.

Huawei Cloud and its partners also shared how ecosystem collaboration can help solve industry challenges and accelerate AI adoption among enterprises.

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About Huawei Cloud Thailand

Huawei Cloud Thailand is a leading cloud service provider committed to accelerating Thailand’s digital transformation under the mission of “In Thailand, For Thailand.” According to the latest report from Gartner, Huawei Cloud is ranked No.3 by revenue in Thailand’s Infrastructure as a Service (IaaS) market, solidifying its position as one of the most trusted and fastest-growing international cloud providers in the country.

As the first international public cloud vendor to establish local data centers in Thailand, Huawei Cloud now operates three Availability Zones, ensuring high reliability and low-latency connectivity for local users. Leveraging Huawei’s 30-plus years of expertise in ICT infrastructure, it integrates cutting-edge Artificial Intelligence (AI), Cloud-Native 2.0, and Big Data technologies to empower over 40 government agencies and thousands of enterprises across the Kingdom. By building a robust digital ecosystem and fostering local talent, Huawei Cloud aims to drive Thailand’s “Digital Economy” forward, bringing cloud and intelligence to every corner of the country for a fully connected, intelligent future.

For more information, please visit Huawei Cloud Thailand online at

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https://www.huaweicloud.com/intl/th-th/ or follow us on:

Source : Huawei Cloud Launches Agentic Infrastructure and CodeArts Agent OBT in Thailand, Accelerating Enterprise AI Innovation

The information provided in this article was created by Cision PR Newswire, our news partner. The author's opinions and the content shared on this page are their own and may not necessarily represent the perspectives of Thailand Business News.

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Tesla: AI And Robotic Dreams Hit Cash Flow Reality

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Tesla: AI And Robotic Dreams Hit Cash Flow Reality

Tesla: AI And Robotic Dreams Hit Cash Flow Reality

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Niecy Nash Reveals Taylor Swift and Travis Kelce Locked Up Guests’ Phones in Glass Cases at Their Wedding

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Jessica Alba

Actress Niecy Nash-Betts is offering fans some of the most detailed firsthand accounts yet of Taylor Swift and Travis Kelce’s closely guarded wedding, revealing that guests were required to hand over their phones during the ceremony as part of the couple’s extensive privacy measures.

Appearing on “Jimmy Kimmel Live!” this week, Nash-Betts described the unusual security protocol guests encountered at the July 3 wedding, held at Madison Square Garden in New York City. “They took your phone, they put it in a glass case. It was crazy,” Nash-Betts said, describing the lengths the couple went to in order to prevent photos or details from leaking before they were ready to share them.

Guests kept in the dark under strict secrecy

Nash-Betts, who attended the ceremony with her wife, Jessica Betts, said the secrecy extended well beyond the day of the wedding itself. Guests were reportedly bound by non-disclosure agreements and instructed not to reveal any details about the event, even to close friends, until the couple was ready to make information public. Reflecting on the pressure to stay quiet, Nash-Betts said she felt comfortable finally discussing the day now that other details have already surfaced publicly. “I don’t think I’m speaking out of school because y’all seen it all online now,” she said.

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Despite the tight restrictions, Nash-Betts made clear the event left a lasting impression. Describing the ceremony itself, she said simply, “Oh, it was so good!” She also confirmed widely circulated reports that comedian Adam Sandler officiated the wedding, joking about his appearance for the occasion and noting that he “looked decent” for the formal affair.

A wedding built around privacy

Swift and Kelce’s July 3 nuptials drew roughly 1,000 guests spanning the sports, music and entertainment industries, according to details previously reported around the event. Given the scale and star power involved, the couple reportedly took several additional steps beyond phone confiscation to keep specifics of the day under wraps.

According to TMZ, each wedding invitation was individually watermarked with the recipient’s first and last name repeated throughout the document, a measure designed to allow the couple to trace any leaked invitation back to the guest who shared it. Security around the event was similarly extensive: reports indicate roughly 70 detectives and 50 police officers were deployed for both the July 2 rehearsal dinner and the wedding itself, an operation aimed at protecting guest privacy and preventing paparazzi from capturing unauthorized photos.

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A lighter side: games, raffles and luxury prizes

Beyond the security details, Nash-Betts also gave audiences a glimpse into the celebratory side of the event, describing a series of games guests could play throughout the reception. Winners received tickets that were entered into a raffle for a range of high-end prizes, including Cartier watches, Chanel handbags and even a vintage car. Nash-Betts described the activity as one of the more memorable parts of the night, adding that she didn’t feel she was revealing anything guests hadn’t already shared publicly themselves.

Nash-Betts’ longtime connection to Kelce

Nash-Betts’ presence at the wedding reflects a friendship that developed between her and Kelce well before Saturday’s revelations. The two first connected while filming Kelce’s acting debut on Ryan Murphy’s FX series “Grotesquerie” in 2024, a collaboration that led to a lasting rapport between them. Nash-Betts has previously appeared as a guest on “New Heights,” the podcast Kelce co-hosts with his brother, Jason, where she has spoken warmly about the tight end and his relationship with Swift.

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During an earlier appearance on that podcast, Nash-Betts described fielding frequent messages from people hoping she might reveal details about Kelce’s relationship with Swift, saying acquaintances often reached out under flimsy pretenses just to try to get information out of her. Kelce, for his part, has publicly thanked Nash-Betts for helping shield the relationship from unwanted scrutiny during its early stages, at one point telling listeners simply, “Me and Tay are absolutely happy,” a comment that underscored the couple’s desire to keep their personal life largely private even as their public profile grew.

Part of a broader wave of wedding details

Nash-Betts isn’t the only guest to have offered insight into the closely watched celebration. Earlier this month, fellow attendees Kyle and Kristin Juszczyk described the wedding as “legendary” in comments to Page Six, adding to a growing collection of secondhand accounts from guests slowly filling in details about a day the couple themselves have largely declined to discuss publicly.

“Good Morning America” anchors Robin Roberts, George Stephanopoulos and Michael Strahan had previously offered a limited on-record picture of the event, but Nash-Betts’ account on “Jimmy Kimmel Live!” has provided some of the most specific details shared publicly so far, from the phone lockup procedure to the raffle prizes and Sandler’s officiating role.

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Couple has yet to comment directly

As of this week, representatives for Swift and Kelce had not responded to requests for comment on the details shared by Nash-Betts or other guests. The couple has largely allowed friends and attendees to characterize the event in the weeks since the ceremony, rather than issuing their own public statements or releasing official wedding photos.

With guest accounts continuing to trickle out through interviews and podcast appearances, the full picture of Swift and Kelce’s Madison Square Garden wedding is gradually coming into focus, even as the couple itself maintains the same low profile that defined the planning and execution of the event in the first place.

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Warriors’ Failed Pursuit of LeBron James Leaves Steph Curry Without Help in the Twilight of His Career

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Michael Jordan

The Golden State Warriors went all in this offseason to lure LeBron James to the Bay Area, pairing the pitch with a run at Washington Wizards big man Anthony Davis in hopes of assembling a superstar core around Stephen Curry. Instead, James chose the Philadelphia 76ers, leaving Golden State largely running back the same roster from a season that ended without a playoff appearance — and leaving Curry, now approaching 39, with a far murkier path to one more championship.

A calculated but unsuccessful pitch

The Warriors’ pursuit of James wasn’t subtle. Curry himself made a personal appeal to James on “Good Morning America” during the free agency period, part of a broader campaign to convince the 41-year-old superstar that Golden State offered his best shot at a fifth championship ring. Draymond Green added to the effort by declining his $27.7 million player option for the 2026-27 season, a move that created additional salary-cap flexibility specifically aimed at helping the Warriors put together a competitive offer for James.

According to multiple reports, Golden State’s full plan involved more than just signing James outright. The front office was simultaneously working to trade for Davis, hoping that adding the 10-time All-Star big man would sweeten the pitch and give James a more complete supporting cast alongside Curry and Green. That trade would have required Golden State to send Jimmy Butler, along with multiple first-round picks and pick swaps, to Washington. Ultimately, the Warriors chose not to pull the trigger on that deal, and James signed with Philadelphia instead, joining Joel Embiid, Tyrese Maxey and Jaylen Brown on a roster he reportedly believes gives him the best chance to contend for a title in what he has described as the final chapter of his playing career.

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A disappointing offseason by most accounts

With James off the board, the Warriors have been left with a roster that looks largely unchanged from the group that missed the playoffs last season. Golden State re-signed Al Horford, Kristaps Porzingis and De’Anthony Melton, and added rookie Yaxel Lendeborg with the No. 11 overall pick in the draft, but made no major trades or free-agent additions beyond those moves. NBC Sports Bay Area’s Dalton Johnson has described the offseason as a disappointment for a franchise that came off a 37-win season and missed the playoffs for the fourth time in seven years, arguing Golden State needed a marquee addition to claw its way back into contention.

Lendeborg does offer some reason for optimism. The 23-year-old was named MVP of the Las Vegas Summer League after averaging 14.8 points, 6.8 rebounds and four assists, showing early signs of the kind of versatile, do-it-all game that could eventually earn him a role on a veteran roster. Whether he’s ready to make a meaningful impact in his rookie season, though, remains an open question.

Injuries complicate an already difficult picture

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Golden State’s outlook is further clouded by injuries to two key rotation pieces. Butler, who suffered a torn ACL, and Moses Moody, who tore his left patellar tendon, are both expected to miss the start of the season, thinning out a roster that already lacked star power beyond Curry and Green. ESPN’s Anthony Slater offered a cautiously optimistic update on Butler’s recovery timeline during a recent appearance on “NBA Today,” saying doctors and people close to Butler have indicated progress. “He’s a little over five months from the ACL surgery,” Slater said, adding that Butler has “turned the corner a little bit in the last few weeks.”

Much of Golden State’s hope for a competitive season rests on how quickly Butler can return to form. When Butler joined the Warriors in a midseason trade in February 2025, the team went 23-7 the rest of that season, a stretch that offered a glimpse of what a healthy, fully integrated roster built around Curry, Green and Butler could look like. But that stretch also came with caveats — before Butler’s injury this past January, the Warriors had been inconsistent for much of the season, raising questions about how sustainable that earlier surge really was.

Porzingis remains a wild card

Kristaps Porzingis, acquired last February, represents another variable the Warriors are counting on. He appeared in just 15 games last season due to a series of health issues, and Golden State’s ability to build a consistent rotation may hinge heavily on whether he can stay on the court for a full season this time around.

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A crowded, difficult conference

Even under the best-case scenario, in which Butler returns healthy and effective, Porzingis stays on the floor, and Lendeborg contributes immediately, the Warriors will be competing in a Western Conference that includes the Oklahoma City Thunder and San Antonio Spurs among the teams jockeying for the top of the standings. Golden State’s roster, as currently constructed, offers no obvious individual addition capable of closing that gap on its own.

What might have been

For Curry, the offseason represents another missed opportunity to add star power around him as he enters the later stages of his career. The idea of James and Curry sharing a Warriors backcourt carried particular resonance given their partnership on last summer’s gold-medal-winning U.S. Olympic team, where James earned MVP honors and Curry delivered several of the tournament’s most memorable performances. That chemistry never translated to an NBA roster, and with James now in Philadelphia, any such pairing appears unlikely to happen at this stage of either player’s career.

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Barring further roster additions before the season begins, the Warriors appear positioned to lean heavily on internal development and health rather than star power this year. For a franchise that won four championships between 2015 and 2022, and for a player in Curry still widely regarded as the greatest shooter in NBA history, the coming season now looks far more uncertain than the front office had hoped when its pursuit of James began.

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Nikola Jokic, Giannis Antetokounmpo Headline What Could Be the Richest NBA Free Agent Class Ever in 2027

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Nikola Jokic, Denver Nuggets

The 2027 NBA offseason is still more than a year away, but early projections already point to it becoming the richest free agent class the league has ever seen, headlined by two of basketball’s biggest current stars: Nikola Jokic and Giannis Antetokounmpo.

Both players carry player options for the 2027-28 season worth roughly $62.8 million, and both are widely expected to command contracts that would make them the first players in any of North America’s four major professional sports to earn more than $75 million in a single season. Combined, Jokic and Antetokounmpo have won five NBA Most Valuable Player awards, and both figure to still be playing at an All-NBA level when free agency opens, barring injury.

A market shaped by star power and scarcity

NBA free agency has long operated on a simple principle: teams are willing to back up the proverbial Brinks truck for a single transformative star, even when the odds of actually landing that star and building a championship contender around him are slim. The 2027 class appears built to test that principle at an unprecedented scale, given how many established, championship-caliber players carry either unrestricted free agency or player options that year.

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Jokic, who will be 32 in 2027, remains under contract with the Denver Nuggets through his option year, while Antetokounmpo, set to turn 33, holds his option with the Miami Heat, the franchise that acquired him in a blockbuster trade this past offseason. Whether either player ultimately exercises those options, re-signs long-term with his current team, or tests the open market remains to be seen, but their mere presence atop the list ensures 2027 will draw outsized attention across the league regardless of how things unfold.

A deep supporting cast of stars

Jokic and Antetokounmpo are far from alone at the top of the list. Anthony Davis, who will turn 34 in 2027, also carries a $62.8 million player option, this time with the Washington Wizards. Stephen Curry, who will be 39, is set for unrestricted free agency, as is Kawhi Leonard, who turns 36 that year.

Kevin Durant, who will be 39 in 2027, holds a $46 million player option with the Houston Rockets, while Kyrie Irving carries a $42.4 million option with the Dallas Mavericks at age 35. Karl-Anthony Towns, set to turn 32, has a $61 million option with the New York Knicks, and Jimmy Butler, who will be 38, is projected for unrestricted free agency as well.

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Rounding out the list of established veterans are Brandon Ingram, holding a $41.9 million option with the Los Angeles Clippers; Jalen Green, with a $36 million option with the Phoenix Suns; Julius Randle, holding a $35.8 million option with the Brooklyn Nets; Rudy Gobert, with a $38 million option with the Minnesota Timberwolves; and Paul George, who carries a $56.6 million option with the Boston Celtics at age 37.

A mix of veterans and rising talent

The 2027 class isn’t limited to established superstars deep into their careers. Two of the league’s younger standouts also appear on the list under team-option rookie-scale contracts: Cooper Flagg, who will be just 20 years old and carries a $15.2 million team option with the Mavericks, and Dylan Harper, turning 21, with a $14 million team option held by the San Antonio Spurs. Both players remain under their teams’ control at that stage, but their inclusion underscores how quickly the league’s next generation of stars is beginning to factor into long-term roster planning across the association.

Other notable names include Zach LaVine, unrestricted at 32; Michael Porter Jr., a restricted free agent at 29; Jrue Holiday, holding a $37.2 million option with the Portland Trail Blazers at 37; Tyler Herro, unrestricted at 27; and Jerami Grant, with a $36.4 million option tied to the Memphis Grizzlies at 33. Additional depth pieces on the list include Josh Hart, Isaiah Stewart and Kristaps Porzingis, each carrying team or player options with their respective franchises at more modest salary figures relative to the class’s top tier.

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Why the class matters now

Even though the 2027 offseason remains well over a year away, the sheer volume of star-level talent set to hit the market is already shaping how front offices around the league are approaching roster construction, salary-cap planning and trade strategy in the interim. Teams hoping to create max-level cap space by the summer of 2027, or positioning themselves as attractive destinations for a star seeking a new home, are likely to factor this looming class into decisions made well before free agency actually opens.

The presence of both Jokic and Antetokounmpo near the top of the list carries particular significance given their sustained dominance in recent seasons. Both players have anchored deep playoff runs and remain central figures in their respective franchises’ championship aspirations, meaning any decision either makes about his future would send ripple effects across the league regardless of whether it results in an actual change of team.

For now, the 2027 free agent class remains largely theoretical, built on player options and contract structures that could shift considerably between now and when free agency actually opens. Injuries, trades, and the results of the intervening seasons could all reshape which players ultimately test the market and which choose to remain with their current teams.

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Still, with two former MVPs projected to potentially reset the league’s salary ceiling, and a deep supporting class of veteran stars and emerging young talent behind them, early indications suggest the 2027 offseason has the potential to be one of the most consequential in recent NBA history — a summer teams around the league are already beginning to plan for, more than a year in advance.

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