Well, well, Duncan, thank you so much for joining me on Crypto World today. A really exciting week with Bitcoin just flying uh through record after record. What do you make of the action that we've seen this week.Oh, incredibly exciting and thank you for having me, Tana. So, um big moves uh in in in the market. It seems like the uh crypto world has sort of shook off the um the latest round of tariff talk, which is a good thing, I think.and also the expectations that we probably won't see a rate cut uh anyti ...

stock is down. It must be something bad. That's all everyone thinks during earning season.It's like one big echo chamber and it's astonishing to watch. Far more often it's totally backward. If a stock is down, you might be better off assuming it's a buying opportunity.I know that sounds like a really ridiculous orthodoxy, but it sure makes sense when I see like on my screen the banks and what's going on. Take Goldman Sachs, a company I worked at know very well, one reason we own for the Chapel Trust. Whenev ...

Now selling from the $500s, Daisy Heights offers quality new homes in scenic location near the Cascade MountainsSULTAN, Wash., July 16, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)— a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—revealed the Company is now selling at Daisy Heights in Sultan, WA, offering a versatile lineup of two-story homes in a desirable location near th ...

The ECB must consider potential losses when deciding in the future whether to stimulate demand through large-scale bond-buying, according to the Bundesbank https://t.co/JlJtDJvEjS ...

Whales/Institutions Keep buying $ETH!Whale 0x9684 bought 27,806 $ETH($85.57M) from #FalconX 3 hours ago, and a total of 68,141 $ETH($213.8M) in the past 4 days.Whale 0x35fb bought 8,262 $ETH($25.17M) from #Kraken 5 hours ago, and a total of 80,312 $ETH($252M) in the past 6 days.Whale 0x3c9E bought 1,000 $ETH($3.04M) from #Kraken 6 hours ago, and a total of 26,000 $ETH($73.45M) in the past 12 days.Address:https://t.co/54B8VflgjXhttps://t.co/hwlTqYN0RXhttps://t.co/SC2OSn603g ...

More Americans are renting instead of buying, a major shift in the housing market.@sonalibasak breaks down what’s driving the change.Watch the full episode of Bullish on the Bloomberg app https://t.co/oSp6OsKcPV https://t.co/SFnAMMR6y7 ...

Financial Data and Key Metrics Changes - In Q1 2025, the company reported ID sales growth of 2.8%, adjusted EBITDA of $1,110 million, and adjusted earnings per share of $0.55, indicating solid results and gradual progress against strategic priorities [5][21][22] - The gross margin rate decreased to 27.1%, down 85 basis points year-over-year, primarily due to investments in customer value and a mix shift from strong pharmacy and digital growth [20][21] - Adjusted EBITDA decreased from $1,184 million in the previous year to $1,111 million [21][22] Business Line Data and Key Metrics Changes - E-commerce sales grew by 25%, reaching 9% of total grocery revenue, driven by strong performance in the first-party business and enhanced digital shopping experiences [6][20] - Loyalty program membership increased by 14% to 47 million members, with higher engagement and spending observed [7][9] - Pharmacy and Health platform grew by 20% year-over-year, benefiting from script and immunization growth [10][20] Market Data and Key Metrics Changes - The company anticipates identical sales growth in the range of 2% to 2.75% for the remainder of fiscal 2025, up from previous guidance of 1.5% to 2.5% [25] - The effective income tax rate for Q1 2025 was 24.1%, compared to 22.3% in the previous year, primarily due to a reduction of an uncertain tax position [21] Company Strategy and Development Direction - The company is focused on five strategic priorities: driving customer growth through digital connection, enhancing customer value, modernizing capabilities through technology, and driving transformational productivity [5][15] - Investments in digital platforms, including e-commerce and pharmacy, are expected to drive higher future customer lifetime value, despite creating near-term margin headwinds [24][25] - The company aims to leverage its consolidated scale for national buying and efficient supplier relationships, expecting to deliver $1.5 billion in savings from productivity initiatives from FY 2025 to 2027 [17][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing investments and their impact on customer engagement and traffic growth, particularly in the second half of 2025 [27][28] - The competitive pricing environment remains rational, with continued promotional investments observed [33][34] - Management highlighted the importance of cross-shopping between pharmacy and grocery, noting that pharmacy customers tend to visit stores more frequently and contribute to higher overall sales [10][52] Other Important Information - The company invested $585 million in capital expenditures during Q1 2025, including the opening of three new stores and the completion of 36 remodels [22] - The company has reached agreements covering nearly half of the 120,000 associates involved in labor negotiations, focusing on improving wages and benefits while maintaining operational flexibility [18][17] Q&A Session Summary Question: Drivers of gross margin decline and pricing environment - Management indicated that the focus remains on driving sales and unit growth, with expectations for productivity to provide a tailwind as national buying initiatives progress [32][33] - The pricing environment is characterized as rational, with continued promotional investments from competitors [34][35] Question: E-commerce profitability and media collective impact - E-commerce is nearing breakeven, driven by volume and operational efficiencies, with no financial impact from the media collective on the e-commerce P&L [37][38] Question: ID sales guidance and consumer changes - Management noted that pharmacy growth impacts ID sales comparisons, with expectations for gradual improvement in grocery units as the year progresses [42][43] Question: Price investment goals and productivity initiatives - The company is making surgical price investments based on data, with expectations for productivity initiatives to provide a tailwind in the second half of the year [46][49] Question: Pharmacy contribution from GLP-1s and customer engagement - GLP-1s contribute significantly to pharmacy comp, with strong engagement from customers leading to increased profitability in other categories [84][86] Question: Impact of tariffs on inflation - The company is actively managing cost increases from tariffs, focusing on domestic sourcing and exploring OwnBrands as a potential solution [88][90]

Core Viewpoint - The article discusses the investment potential of CAPR, highlighting the author's long position in the shares and expressing a positive outlook on the company's future performance [1]. Group 1 - The author has a beneficial long position in CAPR shares, indicating confidence in the company's growth prospects [1]. - The article emphasizes that the opinions expressed are solely those of the author and not influenced by external compensation [1]. Group 2 - There is a clear distinction made regarding the nature of the analysis, stating that it does not constitute investment advice or recommendations [2]. - The article notes that past performance is not indicative of future results, which is a standard disclaimer in investment analysis [2].

Core Insights - The Global Property Expo is the largest international residential property show in Singapore, featuring offerings from over 20 countries and a diverse range of properties [2][7] - The event aims to provide Singaporean buyers with essential tools and insights for navigating overseas residential property ownership [1][7] Event Highlights - DAMAC Properties will showcase a selection of its waterfront developments, including Canal Crown and DAMAC Bay [3] - THIRDHOME will launch its presence in Asia, introducing a new investment model for global property ownership [3] Learning Opportunities - The expo includes daily talks from 11:00 AM to 6:30 PM, with a keynote address by Adam Challis from JLL on market insights [4] - A live-streamed panel titled "Buyers' Toolkit: Your Next Steps to Owning Property Abroad" will provide actionable advice for prospective buyers [5] Expert Engagement - Attendees will have access to various professionals, including developers, legal advisors, and mortgage advisors, to clarify property laws and financing options [6] - Immigration specialists will discuss residency considerations linked to property purchases, providing comprehensive support for attendees [7] Organiser Information - The event is organized by JLL, a leading global commercial real estate and investment management company with annual revenue of $23.4 billion and operations in over 80 countries [8]

Core Viewpoint - Lululemon's stock has decreased by 37% in 2025, raising questions among investors about whether this represents a buying opportunity [1] Summary by Relevant Sections - Stock Performance - Lululemon's stock price has fallen significantly, with a 37% decline noted in 2025 [1] - Investor Sentiment - The sharp decline in stock price has led to increased curiosity among investors regarding potential buying opportunities [1]