Business
Cavaliers Predicted to Pursue Kevin Durant Trade After Missing Out on LeBron James in Free Agency This Summer
The Cleveland Cavaliers, having missed out on LeBron James in free agency this summer, are being predicted to shift their attention toward acquiring Houston Rockets star Kevin Durant as a way to bolster their veteran scoring options ahead of the coming season.
James, who is set to turn 42 before the end of the calendar year, ultimately chose to sign with the Philadelphia 76ers rather than return to Cleveland for what would have marked a second homecoming for the four-time NBA champion. That decision left the Cavaliers, coming off a conference finals appearance last season, needing to look elsewhere for a veteran presence capable of adding scoring punch to their existing core.
Sports Illustrated’s Nick Pedone identified Durant as one of the more realistic remaining options for teams still looking to make a significant addition this offseason. “Durant is probably the last one remaining this offseason now that LeBron is in Philadelphia with Jaylen Brown and the Toronto Raptors will eventually finalize their blockbuster deal for Kawhi Leonard,” Pedone wrote.
Unlike James, Durant is not a free agent, meaning any acquisition would require the Cavaliers to construct a trade package significant enough to convince the Rockets to move him. Durant’s name has surfaced repeatedly in trade speculation throughout the offseason, though that recurring speculation does not necessarily indicate Houston is actively shopping him, only that the team has signaled he is not entirely untouchable given the right offer.
Durant, who turns 38 in September, remains under contract with the Rockets through the 2027-28 season after signing a two-year, $90 million extension before joining Houston last summer. His salary cap hit for the 2026-27 season sits at approximately $43.9 million, a substantial but manageable figure for a contending team pursuing a proven scoring addition. Pedone noted that acquiring Durant would still require Cleveland to part with a significant trade package, though nothing approaching the scale of the package Houston originally surrendered to acquire him the previous offseason. “It would take a big package, as Durant remains one of the league’s purest scorers,” Pedone wrote. “But it’s the lone remaining move that would significantly improve Cleveland’s title odds next season.”
The Cavaliers’ roster already includes several significant financial commitments that would factor into any Durant pursuit. Guard Donovan Mitchell recently agreed to a new four-year contract extension in early July, while the team is separately engaged in ongoing multi-year contract discussions with guard James Harden. Adding Durant’s salary on top of those commitments would likely push Cleveland’s payroll into luxury tax territory, a financial consideration the front office would need to weigh against the on-court benefit of adding a player of Durant’s caliber.
Despite the financial complexity, Pedone argued that a proven scorer like Durant could prove worth the cost, pointing specifically to a weakness that was exposed during Cleveland’s conference finals series last season against the eventual NBA champion New York Knicks. The Cavaliers reached the conference finals but ultimately fell short, with the team’s lack of a dependable veteran scoring option cited as a contributing factor in that series loss.
Durant’s statistical profile from last season underscores why he remains an attractive target despite his age. During the 2025-26 season, Durant played 78 games, averaging 26 points, 5.5 rebounds and 4.8 assists per game, while shooting 52% from the field and 41.3% from beyond the three-point line, numbers that place him among the league’s most efficient high-volume scorers even as he approaches his late 30s.
Durant’s postseason availability has drawn some scrutiny, however. Pedone noted that Durant missed five playoff games last season despite being sidelined for only four games during the regular season, a discrepancy that has raised questions about his durability in high-stakes postseason settings. Pedone suggested that Cleveland’s roster depth would allow the team to manage Durant’s workload more carefully than Houston was able to, potentially mitigating some of that postseason availability concern.
Analysts have also pointed to the surrounding talent already in place in Cleveland as a factor that could make the fit smoother than it was in Houston, where Durant often served as the primary offensive focal point with limited complementary scoring support. Playing alongside Mitchell, Harden and forward Evan Mobley would represent a considerably deeper supporting cast than what Durant had around him with the Rockets last season, a dynamic that became especially apparent during the postseason, when Houston was eliminated in the first round in a series where Durant missed significant playing time.
With James now formally settled in Philadelphia and Kawhi Leonard’s trade to Toronto still pending finalization, Durant has increasingly been framed by analysts as one of the last remaining marquee names still plausibly available via trade this offseason, leaving teams like the Cavaliers to weigh whether the scoring upgrade he would provide justifies both the trade cost and the resulting luxury tax implications as Cleveland looks to build on last season’s conference finals run.
Business
Chip Stocks Are on Pace for Worst Month Since 2008
Chip stocks are on track for their worst monthly performance in nearly two decades.
The Philadelphia Semiconductor Index, or SOX, was up 2% on Friday, extending Thursday’s tech-dominated relief rally.
However, Friday’s gains were far from enough to offset what’s been a tough month for the semi group. In fact, the SOX is on track for its worst monthly performance since 2008, according to Dow Jones Market Data.
Business
Wait for more signals before turning positive
Therefore, immediate rallies would be interpreted as corrective in nature until the medium-term technical parameters turn positive. The recent upmove in the Sensex since the low of 12514 pts has been very sharp. The upside gap of July 23, 2008 had created a bullish ���Island Reversal Gap��� on the daily charts between 14510 pts and 14519 pts.
Normally, the implications of this on the medium-term outlook would be very positive, especially since the ���Island��� comprised of 22 trading sessions. When a stock indicates an uptrend, trades above the gap which occurs, then gaps back down and trades below the initial price, an island reversal has occurred.
However, the Sensex has since run into a strong resistance zone between 15026 pts and 15390 pts. The monthly mid-point of June 2008 is at 15026 pts. The 50% retracement level of the fall from the May 2008 peak (17735 pts) is at 15124 pts. The positive implications of the bullish ���Island Reversal Gap��� would thus get negated if the Sensex has a daily close below 14104 pts (the close on July 22, 2008). The Sensex is then expected to have an initial downside of 13513 pts, the 61.8% Fibonacci retracement level of the recent rise from 12514 pts to 15130 pts.
If the bearish ���Island reversal gap��� of 14484-14568 pts is immediately filled and the Sensex manages to decisively overhaul the resistances between 15130 pts and 15390 pts, the ongoing upmove would continue. The Sensex may then test higher levels between 16618 pts and 16860 pts.
The 78.6% Fibonacci retracement level of the fall from the May 2008 peak is at 16618 pts while 16860 pts is the 50% retracement level of the entire fall from the January 2008 peak. Hence, one would await further confirmation before turning positive on the medium-term outlook.
(The author is VP of technical research at Darashaw)
Business
Jardine Cycle & Carriage Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:JCYGY) 2026-08-01
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Business
Capital One says it closed Trump Organization’s accounts after anti-money laundering probe

Capital One says it closed Trump Organization’s accounts after anti-money laundering probe
Business
Cenovus Energy Inc. 2026 Q2 – Results – Earnings Call Presentation (TSX:CVE:CA) 2026-08-01
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Business
Fluence Corporation Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:EMFGF) 2026-08-01
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Essex Property Trust, Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:ESS) 2026-08-01
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Business
How will adjustment in Japanese stocks impact the USD/JPY?

How will adjustment in Japanese stocks impact the USD/JPY?
Business
Amerant Bancorp Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:AMTB) 2026-08-01
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Soitec SA (SLOIY) Shareholder/Analyst Call Transcript
Frederic Lissalde
Being broadcast. I hereby declare open the combined ordinary and extraordinary general meeting of Soitec. This meeting is convened to go over the agenda set out in the notice of meeting, which was sent to registered shareholders and also published in the official bulletin.. As the Chairman of the Board of Directors, I am chairing this general meeting, and I would now appoint the meeting’s officers. I hereby call upon the 2 members of the meeting which hold the largest number of votes, and they have agreed to fulfill this role to act as scrutineers.
So the company Bpifrance Participations, hereby represented by Mr. Samuel Dalens and the company called CEA Investissement represented by Ms. Julie Galland and Samuel Dalens and Julie Galland are seated in front of me here in the first row. The Chair and the scrutineers form the Presiding Committee of the meeting, and they appoint a Secretary, Emmanuelle Bely, who is the Secretary General of Soitec and also the Secretary to the Board of Directors and who is standing to my left. We now have the officers in place. Also present beside me are Laurent Remont, our new CEO since April 2026, who is attending his first Soitec Annual General Meeting; and Albin Jacquemont, our Chief Financial Officer.
The statutory auditors are also present in this room. One is Benjamin Malherbe for Ernst & Young Audit and Laurent Genin for KPMG. And we also have with us the directors who were able to attend those who could make themselves available. And I would like to thank them
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