Toyota is recalling more than 43,000 of its 2024 Tundra pickup trucks because debris left behind during the manufacturing process could contaminate the engine and increase the risk of a crash, according to the National Highway Traffic Safety Administration (NHTSA).

The recall affects approximately 43,566 model year 2024 Toyota Tundra vehicles and is listed under NHTSA recall number 26V320, according to the federal safety agency.

NHTSA said debris inside the engine could cause the main bearing to fail, potentially leading to engine knocking, rough running, stalling or a failure to start altogether.

The agency warned that an engine stall could result in a sudden loss of drive power, increasing the risk of a crash, particularly at higher speeds.

TOYOTA RECALLS MORE THAN 144,000 LEXUS VEHICLES OVER REARVIEW CAMERA FAILURE RISK

The latest recall expands on two previous recalls issued in May 2024 and November 2025 involving certain Toyota and Lexus vehicles with similar engine contamination concerns, according to NHTSA. Those recalls included certain 2022 through 2024 Lexus LX and Toyota Tundra models, along with some 2024 Lexus GX vehicles.

NHTSA’s recall report did not immediately list any crashes, injuries or deaths connected to the issue.

Toyota did not immediately respond to FOX Business’ request for comment.

According to the recall report, a remedy is still being developed. Owners of affected vehicles are expected to receive notification letters by July 6.

TOYOTA RECALLS 73K HYBRID VEHICLES OVER PEDESTRIAN WARNING SOUND ISSUE

Once Toyota finalizes the repair solution, affected vehicle owners will be able to have the issue fixed free of charge.

Toyota has issued several major recalls in recent months. In March, the automaker recalled more than 550,000 Highlander and Highlander Hybrid vehicles over a seat-back locking issue that could increase the risk of injury during a crash. Toyota also recalled roughly 141,000 Prius and Prius Prime vehicles earlier this year over rear doors that could unexpectedly open while the vehicle was moving.

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Drivers can contact Toyota customer service at 1-800-331-4331 for additional information.

Vehicle owners can also search for their vehicle identification number (VIN) on NHTSA.gov to determine whether their vehicle is included in the recall.

As is always the case, I have great faith in President Trump’s dealmaking, and now he’s trying to put the finishing touches on a war with Iran, which seems to me is basically 90 percent or 95 percent over. Mr. Trump is the only president in the last nearly 50 years with the courage and vision to destroy the radical Islamic regime in Iran, and by and large he has succeeded.

He will not make a bad deal. And he continues to keep his red lines of ending their nuclear capabilities, handing over their enriched uranium, pulling back on their missile programs, and of course reopening the Strait of Hormuz for the freedom of navigation. He holds those red lines in place. The question is, can these red line goals be achieved without a resumption of military action? Surely we don’t want to provide any economic assistance to Iran.

On Truth Social Sunday the president said “The Blockade will remain in full force and effect until an agreement is reached, certified, and signed.” Good. He also stated clearly that Iran cannot develop or procure a nuclear weapon or bomb. Good.

In other words, no dust, no dollars. This is spot on. The moment we make an Obama-style cash infusion to Iran, they’ll go right out and use it to rebuild their weapons, their nuclear operations, and their state sponsorship of terrorism. They certainly will. Iran is the most gruesome, inhumane, nazi-like regime in the last 100 years.

It’s a modern-day Gestapo that has already reportedly slaughtered well more than 40,000 people this year alone. It must be stopped. And Mr. Trump’s military operations Midnight Hammer and Epic Fury, plus his Economic Fury, guided by Treasury Man Scott Bessent, have virtually taken Iran out and completed the mission.

But in the middle of negotiations, you have Iran trying to lay mines in the Strait of Hormuz and firing missiles at American naval ships. So of course we fired back successfully. Yet it just goes to show, this is a crowd that can never be trusted. They lie, cheat and steal as a way of life. They never keep the promises of verification. All largely because they really are not a civilized regime.

Instead, they prefer to negotiate as to how they’re going to negotiate in the future.  Providing lists and conditions that have nothing to do with reality, but extend the talks forever.

Now Mr. Trump knows all this. Yet notwithstanding, he is engaged in intense diplomacy with the Islamic Revolutionary Guard Corps, or some faction, or somebody there. We’ve gone from a two-week ceasefire, then another week, then indefinite ceasefire. We could be in for another 60-day negotiating phase. Yet with all this, this question must be faced: to make good on his red lines, to properly set the stage for a new era of peace and freedom in the Middle East and around the world, even to extend the Abraham Accords including with Israel, can these noble historic missions really be completed without additional bombing?

Major League Wrestling (MLW)’s weekly program “MLW Fusion” found a home on Tuesday in VEEPS, the companies announced.

Pro wrestling fans can tune into Veeps weekly starting on Saturday to watch “MLW Fusion” as the promotion continues to grow broadly across the pro wrestling landscape.

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“Veeps understands fandom, community, and culture in a way that naturally fits MLW,” MLW CEO Court Bauer said in a news release. “With the incredible momentum MLW has built over the past year, partnering with the Veeps and Live Nation ecosystem gives us the ability to bring together ‘MLW Fusion,’ major events, exclusive merchandise drops, and immersive fan experiences all in one place while creating a stronger direct connection with our audience around the world.”

MLW and Veeps will also partner on the promotion’s quarterly live pay-per-view events. VEEPS will launch limited-edition merchandise collections and will work with MLW to “infuse music culture into future events, creating crossover moments connecting wrestling audiences with artists across metal, country, punk, hardcore, and alternative communities,” according to the release.

HEEL TURN: AEW’S DOUBLE OR NOTHING SETS THE BAR, MICHIN’S MOMENT AND MORE FROM PRO WRESTLING

“Professional wrestling thrives on weekly storytelling and passionate fan communities,” Veeps co-founder Kyle Heller said. “MLW has built an incredibly loyal audience and a strong creative identity, and we’re excited to bring that energy to fans every Saturday night on Veeps. These events sit at the intersection of live sports, music, fandom, and community, and we see a huge opportunity to help bridge those worlds.”

MLW’s roster features some of the best in pro wrestling as well as other recognizable names.

Killer Kross is the current MLW world heavyweight champion, Shoko Nakajima is the MLW women’s world featherweight champion, Blue Panther is the MLW national openweight champion, Kushida is the MLW world middleweight champion and Donovan Dijak and Bishop Dyer are the MLW world tag team champions.

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Additionally, Paul Walter Hauser is a wrestler and co-producer for “MLW Fusion.” The roster also features the likes of Matt Riddle, Shotzi, Trevor Lee, Priscilla Kelly and other notable names.

OKLAHOMA CITY — San Antonio Spurs rookie guard Dylan Harper is expected to be available for Game 5 of the Western Conference finals against the Oklahoma City Thunder on Tuesday night, despite an adductor injury that has limited him at times during the series.

Harper, the No. 2 overall pick in the 2025 NBA Draft, has played through right adductor soreness since Game 2 but has been cleared for recent contests. Spurs coach Mitch Johnson indicated Harper would be ready for Game 4, and the latest injury report shows no new limitations for the critical Game 5 matchup with the series tied 2-2.

The 19-year-old has provided valuable minutes off the bench and in starting roles when De’Aaron Fox has been sidelined with his own ankle injury. His ability to step up has been crucial for the Spurs as they push for their first NBA Finals appearance since 2014. Harper’s scoring bursts, defensive versatility and poise under pressure have impressed observers during his rookie postseason run.

The Spurs evened the series with a commanding 103-82 victory in Game 4 on Sunday in San Antonio. Victor Wembanyama dominated with 33 points, eight rebounds, five assists and three blocks, but Harper’s contributions in limited action helped maintain defensive intensity and provide secondary scoring. His availability for Game 5 at Paycom Center will be key as San Antonio seeks to steal another road win and take a 3-2 series lead.

Harper’s injury management has been a careful balancing act. The adductor strain occurred in Game 2, forcing him to miss the remainder of that contest. He returned for Game 3 and played through discomfort, logging productive minutes despite not starting. Medical staff and the coaching staff have monitored his workload closely to avoid further aggravation while maximizing his impact.

The rookie’s emergence has added another dimension to the Spurs’ young core. Drafted to complement Wembanyama’s generational talent, Harper has shown flashes of the two-way potential that made him a top prospect. His ability to create off the dribble, knock down open threes and defend multiple positions has given San Antonio valuable flexibility in the backcourt.

Oklahoma City presents a difficult matchup for any guard. Shai Gilgeous-Alexander’s scoring and playmaking, combined with the Thunder’s switch-heavy defense, will test Harper’s physicality and decision-making. How the Spurs deploy Harper alongside Fox, when available, or in bench units with Stephon Castle will be a focal point for coach Johnson’s adjustments.

The Western Conference finals have highlighted the physical toll of deep playoff runs. Both teams have navigated injuries, with Harper and Fox dealing with lower-body issues for San Antonio while Oklahoma City has managed its own concerns. Game 5’s outcome could hinge on which side better handles fatigue and maximizes available personnel.

For Harper, the opportunity to contribute in such a high-stakes series at such a young age is remarkable. His composure and willingness to embrace a complementary role have earned praise from teammates and coaches. Wembanyama has spoken positively about the rookie’s work ethic and basketball IQ during the postseason.

The Spurs’ ability to stay competitive despite injuries reflects the depth and resilience built under Johnson. The team has shown it can win in different ways — relying on star power from Wembanyama while getting production from role players like Harper, Castle and Devin Vassell.

Tuesday’s game carries significant implications. A Spurs victory would put them one win away from the NBA Finals and shift pressure back onto the Thunder. Oklahoma City, as the defending champions with home-court advantage, will look to reclaim momentum and avoid falling behind 3-2.

Harper’s potential minutes will be managed carefully. The coaching staff has emphasized smart decision-making regarding his workload to ensure he can contribute without risking longer-term setbacks. His ability to impact the game in shorter bursts has proven valuable in the series.

The rookie’s journey from top draft pick to playoff contributor exemplifies the Spurs’ patient development approach. Selected to grow alongside Wembanyama, Harper has exceeded expectations in his first postseason, providing energy, scoring and defensive versatility when called upon.

As the series shifts back to Oklahoma City, the atmosphere at Paycom Center is expected to be intense. Thunder fans will look to create a hostile environment that disrupts San Antonio’s rhythm. The Spurs have shown resilience on the road throughout the playoffs, responding well after home losses and maintaining focus in challenging venues.

Game 5 represents another test of Harper’s readiness and the Spurs’ adaptability. His presence, even in a limited role, provides another weapon in San Antonio’s arsenal against a Thunder team that has few weaknesses when healthy and clicking.

The Western Conference finals have showcased the best of modern NBA basketball — elite talent, tactical sophistication and emerging stars. Harper’s participation adds another layer to an already compelling series between two young, talented cores.

For the Spurs, advancing to the NBA Finals would mark a remarkable achievement in the early years of the Wembanyama era. For Harper, contributing to that run as a rookie would represent an unforgettable chapter in what promises to be a long and successful career.

As both teams prepare for what could be the most important game of the series so far, all eyes will be on how Harper performs if given the opportunity. His growth and resilience have been impressive, and Tuesday night offers another chance to showcase his potential on basketball’s biggest stage.

The series remains evenly matched and highly competitive. Game 5 has the potential to swing momentum decisively in either direction. With Harper likely available, the Spurs enter the contest with confidence in their depth and belief that they can compete with the defending champions on the road.

SALÉ, Morocco — Morocco will face Burundi in an international friendly on Tuesday at the Mohammed VI Football Complex as the Atlas Lions continue their preparations for the 2026 FIFA World Cup.

The match, scheduled for a 4 p.m. local time kickoff and broadcast on Arryadia, serves as one of the last opportunities for coach Mohamed Ouahbi to evaluate players before finalizing his 26-man squad for the tournament. Morocco are drawn in Group C alongside Brazil, Scotland and Haiti, making this a critical phase in their buildup.

Ouahbi, who took charge in March, has used recent friendlies to test tactical setups and player fitness. Morocco drew 1-1 with Ecuador and defeated Paraguay 2-1 in earlier preparation matches, providing valuable insights into squad cohesion and areas needing improvement.

The Burundi encounter comes at a decisive moment. With the final World Cup squad expected to be announced shortly after the game, Ouahbi will be looking for strong performances that demonstrate tactical discipline, physical readiness and attacking quality. The coach has emphasized the need for intensity even in non-competitive fixtures as the team aims to make a strong impression in what promises to be a challenging group.

Morocco enter the match with confidence after their recent results. The squad features a blend of experienced internationals and emerging talents capable of competing at the highest level. Key players are expected to feature as Ouahbi seeks to refine his preferred starting lineup and tactical approach.

Burundi, ranked significantly lower in the FIFA standings, are viewed as underdogs but can still provide a useful test. The East African side is likely to adopt a defensive posture, aiming to frustrate Morocco through compact organization and physical play. For the Atlas Lions, maintaining patience and breaking down a deep-lying defense will be an important focus.

The friendly is part of a broader preparation program that includes additional matches against Madagascar and Norway. These games allow Ouahbi to simulate different match scenarios and assess how players respond under varying conditions. The emphasis remains on building chemistry and ensuring the team is mentally and physically prepared for the rigors of World Cup competition.

Morocco’s presence at the 2026 tournament marks their continued growth on the international stage. The team reached the semifinals of the 2022 World Cup in Qatar, becoming the first African side to achieve that feat. Building on that success while addressing areas for improvement has been a central theme of the current preparation cycle.

The Mohammed VI Football Complex provides excellent facilities for both training and matches. Its modern infrastructure has been instrumental in Morocco’s development as a footballing nation, supporting both the senior team and youth development programs.

For fans, the game offers an opportunity to see the national team in action before the World Cup. Tickets have been in demand, reflecting strong public support for the Atlas Lions as they aim to make another deep run in the global tournament.

Ouahbi’s selection decisions will be closely scrutinized. The coach must balance experience with form, ensuring the squad has the right mix of leaders and dynamic performers capable of handling high-pressure matches against strong opposition like Brazil.

Burundi’s participation provides a competitive yet manageable opponent at this stage. Their defensive approach will test Morocco’s ability to create and convert chances, an area the team has worked on extensively in training.

The friendly also highlights the growing importance of preparation camps in modern football. With the World Cup expanding to 48 teams in 2026, teams like Morocco must maximize every opportunity to fine-tune their strategies and build resilience.

As the match approaches, attention remains on how Ouahbi deploys his resources. Players fighting for final squad places will be motivated to impress, knowing that strong performances could secure their spots in what promises to be a historic tournament for African football.

Morocco’s football federation has invested heavily in infrastructure and player development in recent years. The results are visible in the quality of the current national team and its ability to compete against top international sides.

The Burundi game represents more than just a friendly. It is a dress rehearsal for the challenges that lie ahead in Group C. Success in these preparation matches builds momentum and confidence, both essential for performing well on the biggest stage.

Fans and analysts will watch closely for tactical innovations and individual standout performances. The outcome, while secondary to squad evaluation, will still provide an indication of Morocco’s current form and readiness.

The 2026 World Cup represents a significant opportunity for African teams. With expanded slots and home continent advantage for some matches, the tournament could mark a new chapter in the continent’s football history. Morocco aims to be at the forefront of that progress.

As the clock ticks toward kickoff, the focus in Salé is on preparation, performance and the final pieces of the World Cup puzzle. For Ouahbi and his players, Tuesday’s match is an important step on the journey toward making Morocco proud on the global stage once again.

The game will be followed closely not just in Morocco but across Africa, where national teams draw inspiration from the Atlas Lions’ previous successes. A strong showing against Burundi would send a positive message heading into the final preparation phase.

With the World Cup drawing nearer, every training session and friendly carries added significance. Morocco’s football community remains optimistic about the team’s potential, supported by a passionate fanbase that has backed the Atlas Lions through both triumphs and challenges.

Tuesday’s encounter at the Mohammed VI Complex offers another chapter in Morocco’s ambitious World Cup story. As Ouahbi makes his final assessments, the nation watches with anticipation for what lies ahead in 2026.

NEW YORK — Micron Technology Inc. shares surged more than 13% on Tuesday, climbing to $851.70 as investors cheered a sweeping analyst upgrade from UBS that highlighted the company’s strong position in the artificial intelligence-driven memory chip boom.

The semiconductor maker’s stock rose $100.70, or 13.41%, in morning trading, reflecting renewed optimism about sustained demand for high-bandwidth memory and other advanced chips essential for AI infrastructure. UBS analyst Timothy Arcuri more than tripled his price target on Micron to $1,625 from $535, while maintaining a Buy rating, citing long-term supply agreements and structural shortages in the memory market.

The upgrade comes amid a broader rally in semiconductor stocks fueled by expectations of continued capital spending by hyperscale data center operators. Micron has benefited significantly from the AI boom, with its high-bandwidth memory products seeing robust demand that has outpaced supply for extended periods.

The company’s recent financial performance has been exceptional. In its fiscal second quarter ended February 2026, Micron reported revenue of $23.86 billion and earnings per share of $12.20, easily surpassing Wall Street expectations. The results were driven by strong growth in its Cloud Memory Business Unit, which generated $5.284 billion in revenue at a 66% gross margin.

CEO Sanjay Mehrotra has emphasized that current supply constraints for high-bandwidth memory and DRAM are structural rather than cyclical. The company has signed multi-year strategic agreements with major customers, locking in volumes and providing visibility into future revenue streams. Micron’s entire 2026 high-bandwidth memory supply is reportedly sold out, with HBM4 shipments already underway for key applications including NVIDIA platforms.

Analysts project continued strong growth. UBS significantly raised its earnings per share estimates for calendar years 2027 through 2029, signaling confidence that the AI memory supercycle has durable earnings power. The firm now sees free cash flow potentially exceeding $400 billion over the coming years as Micron ramps production across multiple fabrication facilities.

The stock’s surge also reflects a favorable macro environment. Optimism around potential U.S.-Iran peace talks has boosted risk appetite across global markets, supporting technology and semiconductor shares. Micron’s performance stands out even within a strong sector, as memory chip demand remains a critical bottleneck in the AI buildout.

Micron has aggressively expanded its manufacturing footprint to meet this demand. The company recently announced a $2 billion expansion of its Manassas, Virginia fab and has begun production of 1-alpha DRAM at the site. These investments position Micron to capture a larger share of the growing market for advanced memory solutions.

Wall Street sentiment has turned increasingly bullish. Several firms have raised price targets in recent weeks, with some projecting shares could reach $1,000 or higher in the coming 12 to 18 months. The consensus view is that Micron is transitioning from a cyclical memory supplier to a critical enabler of artificial intelligence infrastructure with more predictable and higher-margin revenue streams.

The company’s valuation, while elevated compared to historical averages, is supported by exceptional growth metrics. Analysts forecast fiscal 2026 revenue around $33.5 billion with continued margin expansion. Gross margins have climbed steadily as higher-value AI products constitute a larger portion of the mix.

Investors have rewarded Micron’s execution. The stock has more than doubled year-to-date and is trading near all-time highs. The latest move extends a powerful rally driven by AI enthusiasm and positive industry fundamentals, including tightening supply conditions and rising contract prices for DRAM and NAND flash.

Micron’s competitive position has strengthened relative to peers. Long-term supply agreements with hyperscalers provide revenue visibility that was previously lacking in the notoriously cyclical memory industry. Management has highlighted that these contracts include fixed volume commitments and partially fixed pricing, reducing traditional boom-bust volatility.

The semiconductor sector broadly has benefited from AI tailwinds. Companies involved in memory, processors and related infrastructure have seen significant re-rating as investors price in multi-year growth cycles. Micron stands out due to its specific exposure to high-bandwidth memory, which is essential for training and running large AI models.

Challenges remain. Geopolitical risks, particularly around Taiwan and potential export restrictions, continue to pose concerns for the broader semiconductor industry. Micron has worked to diversify its manufacturing base, with significant investments in the United States and other locations to mitigate these risks.

The company also faces competition from Samsung and SK Hynix in the memory space. However, strong demand has lifted all boats, with industry-wide shortages supporting pricing power across major players.

For Micron shareholders, the latest surge validates the company’s strategic pivot toward higher-value AI products. The stock’s performance this year has been exceptional, delivering substantial returns even as broader market volatility persists.

Looking ahead, Micron’s trajectory will depend on continued AI investment by major technology companies. As long as hyperscalers and enterprises prioritize AI infrastructure, demand for advanced memory is expected to remain robust.

The company’s next earnings report will be closely watched for further confirmation of its guidance and outlook. Analysts anticipate another strong quarter, with revenue and earnings continuing to track well above prior-year levels.

Micron’s rise reflects broader transformation in the technology sector. Memory chips, once viewed as commodity products, are now critical components in the AI revolution. This shift has fundamentally altered the earnings power and valuation multiples for companies like Micron.

As the stock approaches new highs, some investors may question whether the rally has gotten ahead of fundamentals. However, most analysts maintain that the structural changes in the industry support higher valuations than in previous cycles.

For long-term investors, Micron represents exposure to one of the most compelling secular growth trends in technology. The combination of AI demand, supply discipline and technological leadership positions the company for continued success in the years ahead.

Tuesday’s sharp gain adds to what has been a remarkable run for Micron shareholders. The stock’s performance underscores the market’s confidence in management’s ability to capitalize on the AI opportunity while navigating industry challenges.

As the trading day continues, Micron shares will likely remain in focus. The significant move highlights the stock’s sensitivity to analyst commentary and broader sentiment around artificial intelligence infrastructure spending.

The semiconductor sector’s momentum appears intact, with Micron leading gains on positive news flow. Investors will continue monitoring developments in AI adoption, supply chain dynamics and competitive positioning as the year progresses.

The S&P 500 hit a ​record closing high on Tuesday, while the tech-heavy Nasdaq notched further gains, as AI-fueled optimism offset concerns over Middle East peace talks, which were compounded by recent U.S. strikes on Iran. Semiconductor stocks, which have surged on AI-driven demand, led gains, with Micron gaining sharply, hitting $1 trillion in market ‌value for the ⁠first time ⁠after UBS increased its price target on the stock to $1,625 from $535.

Upbeat earnings and renewed confidence in AI trade have driven U.S. equities higher despite ​the ongoing conflict with Iran, with investors now turning their attention to IPOs of some of the largest private AI companies, ​including SpaceX.

“For those of us that have been working that long, the tech rallies we’ve been seeing this year are reminiscent of the boom at the end of the 1990s,” said Chris Zaccarelli, chief investment officer for Northlight Asset ​Management.

“It’s also possible that some of the lessons that were learned after the ⁠tech bubble ‌burst over 25 years ago will prevent the same thing from happening again.” The market ​took comfort from ​comments by U.S. Secretary of State Marco Rubio, who said that a deal with Tehran ⁠to halt the conflict could “take a few days,” while Iran’s Tasnim news agency ​reported that Tehran was seeking the release of $24 billion of Iranian funds frozen overseas.

“Even ​though we don’t have an end of the war yet, there’s a very high likelihood the situation will resolve itself in a peaceful fashion sooner rather than later,” said Adam Sarhan, chief executive of 50 Park Investments.

“But the reality is that earnings are expected to grow even with high inflation. The economy is still growing, and the market is a mirror of the economy to a large extent.”
According to preliminary data, the S&P 500 gained 46.00 points, ‌or 0.62%, to end at 7,519.47 points, while the Nasdaq Composite gained 311.92 points, or 1.18%, to 26,655.89. The Dow Jones Industrial Average fell 106.60 points, or 0.21%, to 50,473.10.The S&P 500, ​the Nasdaq and ​the Russell 2000 touched intraday record ⁠highs on Tuesday, underscoring the strength of the recent rally.

Brent crude futures climbed about 4% on Tuesday after the U.S. military carried out strikes in Iran, adding to uncertainty over whether a deal would be reached soon to ​end the war and open up shipping flows through the Strait of Hormuz. Qualcomm rose after Bloomberg News reported it reached a deal with TikTok owner ByteDance to supply chips, while Marvell Technology ended higher. The Philadelphia SE Semiconductor Index hit an all-time high.

With the earnings season winding down, first-quarter earnings growth is expected to be 29% year-on-year compared with the 16.1% estimated a month ago, according to LSEG data from Friday.

Operator

Thank you, everyone, for joining us. My name is [ Hitin Sanny ], and I’ll be the operator for today’s call. Welcome to Tribe Property Technology Fiscal First Quarter 2026 Financial Results Conference Call. This call is being recorded. We will be having a question-and-answer session at the end of the call. On our call today, we have Tribe’s CEO, Joseph Nakhla; and the company’s CFO, Scott Ullrich.

I trust that everyone has received a copy of our financial results press release that was issued earlier today. Listeners are also encouraged to download a copy of our financial statements and management discussion analysis from SEDAR+. Please note portions of today’s call, other than historical performance, include statements of forward-looking information within the meaning of applicable securities laws. These statements are made under the safe harbor provisions of those laws. Forward-looking statements are based on management’s current views and assumptions. Please review our press release and Tribe’s reports filed on SEDAR+ for various risk factors that could cause actual results to differ materially from our projections.

We use terms such as gross profit, gross margin, adjusted EBITDA and recurring revenue on this conference call, which are non-IFRS and non-GAAP measures. For more information on how we define these terms, please refer to the definition set out in our management discussion analysis. In addition, reconciliations between any adjusted EBITDA and net income is included in the press release this morning. Please note that all financial information is provided in Canadian dollars unless otherwise noted. With that, I will now turn the call over to Tribe’s CEO, Joseph Nakhla.

Neiman C. Young is an executive coach, retired U.S. Army officer, and former municipal leader with more than two decades of leadership experience across military operations and public sector management.

Based in Corpus Christi, Texas, Young has built a career around leading organisations through complex environments while maintaining a strong focus on discipline, clarity, and long-term performance.

Young served 23 years in the U.S. Army, where he held a variety of leadership roles around the world, including deployments to Iraq and Afghanistan. His military career culminated in command of a Special Operations company in support of Operation Enduring Freedom. Those experiences shaped his practical approach to leadership under pressure and his belief in resilience, accountability, and strategic thinking.

Following his retirement from the Army in 2017, Young transitioned into local government leadership. He worked in King George County, Virginia, where he led major strategic initiatives, including the County’s Debt Mitigation Plan and its first Economic Development Strategic Plan since 1999. In 2021, he was appointed Assistant City Manager for the City of Corpus Christi, Texas, where he oversaw more than 900 employees and managed nearly $1.6 billion in combined operating and capital budgets.

Today, Young focuses on executive coaching and leadership development. His work centres on helping senior leaders improve clarity, resilience, and sustainable performance through structured, values-driven leadership practices.

Q&A With Neiman Young

Q: Let’s start at the beginning. What first pushed you towards leadership?

Leadership was something I grew into over time. I grew up in Houston, Texas, and from an early age I was drawn to structure, teamwork, and responsibility. When I joined the Army, I quickly realised leadership was not just about authority. It was about trust, communication, and staying calm under pressure.

Over 23 years in the military, I had the opportunity to lead in many different environments. That included deployments to Iraq and Afghanistan. Those experiences shaped how I approach leadership today.

Q: What did commanding a Special Operations company teach you about leadership?

It taught me that clarity matters. In high-pressure environments, people look to leaders for direction and confidence. You cannot create unnecessary confusion.

I also learned that leadership is not about ego. It is about service. Your team performs best when they know you are focused on the mission and on supporting them.

Those lessons stayed with me long after my military career ended.

Q: You moved directly from the Army into local government. What was that transition like?

It was quicker than most people expected. I retired from the Army on 17 February 2017, and four days later I started working in local government in King George County, Virginia.

The environments were different, but many of the leadership principles were the same. You still have to solve problems, build trust, and manage competing priorities.

One of the major projects I worked on was the County’s Debt Mitigation Plan. We also developed the first Economic Development Strategic Plan the County had seen since 1999. Those projects required collaboration across multiple groups and agencies.

Q: What prepared you for becoming Assistant City Manager in Corpus Christi?

The Army prepared me to lead under pressure, but local government taught me how to lead large systems with many moving parts.

As Assistant City Manager in Corpus Christi, I managed more than 900 employees and oversaw nearly $1.6 billion in combined operating and capital budgets. That role required constant communication and long-term thinking.

You are balancing infrastructure, public services, staffing, budgets, and community expectations all at once.

Q: What made you move into executive coaching?

Over the years, I noticed that many high-performing leaders were operating at a very intense pace without enough focus on sustainability.

I have personally experienced periods where the pressure and pace became difficult to maintain. That forced me to reassess how leadership should work over the long term.

Today, my coaching work focuses on helping leaders stay effective, grounded, and aligned while still performing at a high level.

Q: How would you describe your coaching philosophy?

I believe strong leadership starts with self-awareness and discipline.

A lot of people focus only on external results. Results matter, of course, but sustainable performance also depends on clarity, emotional intelligence, resilience, and consistency.

I often tell people that leadership is not about short bursts of intensity. It is about showing up consistently over time.

Q: Was there a moment where you realised your approach needed to evolve?

Absolutely. Early on, I launched a wellness workshop series that did not connect with people the way I expected.

Attendance was low, and the format was not engaging enough. Instead of scrapping the idea, I gathered feedback and rebuilt the programme around a more interactive coaching model.

That experience taught me the importance of listening and adapting. Sometimes setbacks are simply information that helps you improve.

Q: How do you personally stay focused and disciplined?

I rely on structure. I break goals into long-term vision, annual priorities, quarterly focus areas, and weekly execution.

I also make time for reflection. Meditation, exercise, and stepping away from constant noise help me stay clear mentally.

Leadership can become reactive if you do not create space to think.

Q: What qualities do you think leaders need most today?

Emotional intelligence is critical. Leaders need to communicate clearly and understand how their actions affect others.

Resilience is also important because every industry is changing quickly. Leaders need to adapt without losing focus.

Finally, integrity matters. People follow leaders they trust.

Q: What does success mean to you now?

Success means creating meaningful impact while staying aligned with your values.

I think many leaders are beginning to realise that long-term effectiveness matters more than temporary intensity. If you can build something sustainable while helping others grow, that is success to me.