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These Were The 2 Best-Performing Stocks in the Dow Jones Industrial Average in June 2025
The Motley Fool· 2025-07-04 10:52
Market Overview - June saw significant gains in the stock market, driven by solid economic data, reduced trade war concerns, and the Federal Reserve's indication of planned rate cuts [1][3] - The S&P 500 reached an all-time high, while the Dow Jones Industrial Average also finished with solid gains despite not reaching its peak from December 2024 [1] Company Performance - **Goldman Sachs (Up 17.9%)** - Goldman Sachs experienced a nearly 18% increase in stock price, benefiting from the overall market uptrend, a recovering IPO market, and anticipated Fed rate cuts [4] - The company showed the largest year-over-year improvement in the Fed's stress test results, potentially allowing a 300 basis point reduction in its stress capital buffer, enhancing financial flexibility [5] - Despite strong past performance, further gains are contingent on continued economic health [5] - **Nike (Up 17.3%)** - Nike's stock surged following a better-than-expected earnings report, despite ongoing challenges from previous management and anticipated tariff-related costs of $1 billion this year [7] - The positive earnings results and guidance lifted investor sentiment, indicating potential for recovery, although it may take years [8] - Nike's strategic moves to rebuild wholesale relationships and invest in new products appear to be yielding positive results, positioning the stock as a long-term investment opportunity [8]
Tarkett - Information on the total number of voting rights and shares in Tarkett’s share capital as of June 30th, 2025
Globenewswire· 2025-07-04 09:48
Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history of over 140 years [2] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [2] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [2] Voting Rights and Shares - As of June 30, 2025, Tarkett's total number of shares in the share capital is 65,550,281 [1] - The total number of theoretical voting rights is 123,569,728, while the number of exercisable voting rights is 123,551,169 after deducting treasury shares without voting rights [1]
Liverpool soccer star Diogo Jota dies in car crash at 28
NBC News· 2025-07-04 00:45
Tonight, tears and tributes across global soccer after the shocking death of Liverpool star Dio. The 28-year-old killed with his younger brother when their Lamborghini spun out of control on a Spanish highway, exploding into flames, according to police who say it seems a tire burst while they were passing another vehicle. Zota married his longtime partner just 10 days before his death.The couple had three young children together. He was in the prime of his playing career. With our fans behind us, I think we ...
SharpLink Gaming to Ring Nasdaq Closing Bell on July 7, 2025; Celebrating Ethereum Treasury Milestone
Globenewswire· 2025-07-03 13:00
Core Insights - SharpLink Gaming, Inc. is the largest publicly traded company to adopt Ethereum (ETH) as its primary treasury reserve asset, marking a significant milestone in its corporate evolution [1][5] - The company's strategic adoption of ETH aligns it with the future of decentralized finance (DeFi), redefining traditional treasury management with a digital capital strategy [2][3] Company Strategy - By integrating ETH into its treasury operations, SharpLink aims to embrace a resilient and transparent store of value, promoting institutional trust and technological progress [3] - The decision to incorporate Ethereum into its treasury reflects a broader institutional acknowledgment of the growing legitimacy and utility of digital assets [3][5] Industry Impact - SharpLink is positioned as a trailblazer in demonstrating how digital assets can coexist with public market discipline and corporate governance [4] - The company is reimagining the future of online gaming and sports betting, leveraging smart contracts, DeFi protocols, and Web3 infrastructure to transform the multi-billion-dollar iGaming industry into a more dynamic and equitable ecosystem [6]
US Sportsbook Leaders Flutter And DraftKings Post Double-Digit Growth Guidance
Seeking Alpha· 2025-07-03 12:50
Group 1 - Building Benjamins is a free stock picking and market commentary investment newsletter published by Tradition Investment Management, LLC [1] - Benjamin Halliburton, the founder, has a notable background in investment, having founded Tradition Capital Management in 2000 and received multiple accolades for his performance [1] - Halliburton has extensive experience in the investment field, starting his career at Merrill Lynch in 1986 and earning an MBA with a focus on finance from Duke's Fuqua School of Business in 1990 [1] Group 2 - Halliburton was recognized as the top-performing portfolio manager at Brundage, Story and Rose, where his "Disciplined Growth Strategy" outperformed the S&P 500 during the 1990s bull market [1] - He was the youngest partner at his firm and received high praise from senior managing partners for his investment acumen [1]
Cristiano Ronaldo inks jaw-dropping contract extension with Al Nassr
Yahoo Finance· 2025-07-03 00:03
This week on Yahoo Finance Sports Report, host Joe Pompliano takes a look at some of this week’s biggest headlines in the sports business world that you and your portfolio need to know. From the WNBA team expansion, to F1: The Movie’s opening weekend box office revenue, to the economic engine behind Wimbledon, the financial plays shaping the sports business are ones to watch. Yahoo Sports Senior Reporter Henry Bushnell joins the show to talk about this year’s FIFA Club World Cup. Plus, Playground Production ...
X @Bloomberg
Bloomberg· 2025-07-02 17:50
Legal Dispute - Lululemon accuses Costco of copying its apparel designs [1] - Lululemon shared images with the court as evidence [1]
Rogers Becomes Majority Owner of Maple Leaf Sports & Entertainment
Globenewswire· 2025-07-02 17:00
Core Viewpoint - Rogers Communications Inc. has successfully acquired BCE's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion, increasing its ownership to 75% and reinforcing its commitment to Canadian sports [2][3]. Group 1: Acquisition Details - The acquisition closed on July 1, 2025, after receiving all necessary regulatory and league approvals [6]. - The purchase price of C$4.7 billion was primarily funded through revolving bank credit facilities and cash on hand [6]. Group 2: Strategic Importance - MLSE is recognized as one of the most prestigious sports and entertainment organizations globally, and Rogers aims to leverage this ownership to enhance its sports portfolio [3][5]. - The acquisition positions Rogers as the largest owner in MLSE, which includes iconic sports teams and strengthens its leadership in Canadian sports [2][5]. Group 3: Investment Commitment - Over the past decade, Rogers has invested more than C$15 billion in Canadian sports and plans to continue this investment to bring championships to Canada [3][4]. - The company has established long-term strategic partnerships with the NHL and various Canadian teams, including a new 12-year agreement for national media rights through 2037-2038 [5].