Lakehouse Capital, a Sydney-based investment manager, published its “Lakehouse Global Growth Fund” investor letter for April 2026. A copy of the letter can be downloaded here. In April, several portfolio companies reported earnings. Overall, updates were positive, indicating that the companies continue to execute on growth opportunities and show strong fundamentals. The fund returned -0.8% net […]
Lakehouse Capital, a Sydney-based investment manager, published its “Lakehouse Global Growth Fund” investor letter for April 2026. A copy of the letter can be downloaded here. In April, several portfolio companies reported earnings. Overall, updates were positive, indicating that the companies continue to execute on growth opportunities and show strong fundamentals. The fund returned -0.8% net […]
Ahead of the release of Christopher Nolan’s Odyssey, we rate the top films based on myths, legends and fables Featuring the young Henry Cavill as a Theseus who barely gets near a labyrinth, this Hellenic “reimagination” bags precious little deep mythological significance. But visuals ace Tarsem Singh at least gives it a strikingly theatrical and oppressive look. Unforgettable images include the Ti...
Ahead of the release of Christopher Nolan’s Odyssey, we rate the top films based on myths, legends and fables Featuring the young Henry Cavill as a Theseus who barely gets near a labyrinth, this Hellenic “reimagination” bags precious little deep mythological significance. But visuals ace Tarsem Singh at least gives it a strikingly theatrical and oppressive look. Unforgettable images include the Titans locked into their magical prison like ranks of table-football players, the sotto in su vision of the warring gods at the end and the campest Mount Olympus in cinema – like a gleaming Siegfried and Roy Vegas set. Continue reading...
The parent group of a Hong Kong fertility clinic involved in a rare mix-up of embryo biopsy specimens has apologised for the incident, pledging to cooperate with the authorities’ investigation and providing support to affected patients. New Frontier Group, the parent company of Heal Fertility in Central, broke its silence two days after the in vitro fertilisation (IVF) saga came to light, saying i...
The parent group of a Hong Kong fertility clinic involved in a rare mix-up of embryo biopsy specimens has apologised for the incident, pledging to cooperate with the authorities’ investigation and providing support to affected patients. New Frontier Group, the parent company of Heal Fertility in Central, broke its silence two days after the in vitro fertilisation (IVF) saga came to light, saying in a statement on Thursday that it had launched a comprehensive internal review. The assisted...
Janse van Rensburg has qualified on residency grounds Henry Slade and Guy Pepper recalled to starting XV The South African-born Benhard Janse van Rensburg and the Saracens teenager Noah Caluori are both in line to win their first full international caps after being named as replacements in England’s matchday squad to face Fiji on Saturday. Both newcomers have been selected on the bench alongside t...
Janse van Rensburg has qualified on residency grounds Henry Slade and Guy Pepper recalled to starting XV The South African-born Benhard Janse van Rensburg and the Saracens teenager Noah Caluori are both in line to win their first full international caps after being named as replacements in England’s matchday squad to face Fiji on Saturday. Both newcomers have been selected on the bench alongside the Bristol prop George Kloska who is also poised to make his Test debut. The 29-year-old Janse van Rensburg, who qualified this week on residency grounds having previously been ineligible because of a brief age-grade appearance for South Africa in 2016, is the latest centre to be picked by head coach Steve Borthwick, who has already selected 17 different starting centre partnerships in his 46-Test tenure. “He’s willing to take the ball to the line and throw long passes into space, but also to get between defenders and use his physicality well,” said England’s defence coach, Richard Wigglesworth. “We’ve seen him play well in the Premiership … he’s been consistent for a long time now.” Continue reading...
SweetBunFactory/iStock via Getty Images Sandisk ( SNDK ) reports its fourth quarter fiscal 2026 results on August 14, and Wedbush believes the NAND flash memory and storage solutions company will produce much stronger revenue than expected due to higher pricing. Wedbush increased its fourth quarter revenue estimate to $8.89B from $8B and its adjusted earnings per share to $37.64 from $32.01. This ...
SweetBunFactory/iStock via Getty Images Sandisk ( SNDK ) reports its fourth quarter fiscal 2026 results on August 14, and Wedbush believes the NAND flash memory and storage solutions company will produce much stronger revenue than expected due to higher pricing. Wedbush increased its fourth quarter revenue estimate to $8.89B from $8B and its adjusted earnings per share to $37.64 from $32.01. This is significantly higher than the guidance provided by Sandisk, which projected revenue ranging from $7.75B to $8.25B and EPS of $30 to $33. It also outpaces the consensus estimate calling for $8.31B in revenue and EPS of $33.88. "With our conversations suggesting industry pricing lifted in the high double digits, we believe the company significantly underestimated likely pricing gains with its initial guide," said Wedbush analyst Matt Bryon in a Thursday investor report. "Our new numbers rather assume blended bit ASPs step up roughly 30% q/q, a result we still view as conservative in light of 1) industry trends and 2) Sandisk's willingness to lift pricing, even with Sandisk coming off exceptional ASP growth (triple digit Q/Q) in FQ3." Wedbush also increased its price target to $2,000 from $1,200 and retained its Outperform rating. Sandisk shares were up 6% during pre-market trading on Thursday. Looking further ahead into fiscal 2027, the figures just get stronger. Wedbush increased its full-year revenue estimate to $55.8B from $50.2B, gross margins to average 84.7% from 83%, and adjusted EPS to $225.99 from $194.93. "We see robust earnings sustained through FY'27 and FY'28 given limited new fab capacity before late 2027/2028 and 2) SCAs creating a more stable pricing backdrop, with earnings in our model peaking in FY28 (~$264 EPS)," Bryson noted. More on Sandisk Corporation Micron Vs. Sandisk: Time To Bank The Pair Trade Sandisk: I'm Catching The Falling Knife; Here's How Sandisk: Why The Run-Up May Not Be Over Notable tech headlines for the week: Meta, Micron, Palantir in ...
Micron raises its planned U.S. investment to more than $250 billion through 2035 and celebrates a construction milestone at what will be the largest semiconductor manufacturing site in U.S. historyCLAY, N.Y., July 09, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it is accelerating its planned U.S. fab and technology investments and increasing its expected spend to ...
Micron raises its planned U.S. investment to more than $250 billion through 2035 and celebrates a construction milestone at what will be the largest semiconductor manufacturing site in U.S. historyCLAY, N.Y., July 09, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it is accelerating its planned U.S. fab and technology investments and increasing its expected spend to more than $250 billion through 2035, driven by surging demand for memory in the AI era. Micron antic
Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran's 'retaliation' been bigger - chiefly on Gulf states and American bases there. In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have targeted Kuwait, Qa...
Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran's 'retaliation' been bigger - chiefly on Gulf states and American bases there. In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have targeted Kuwait, Qatar, Bahrain, and even faraway Jordan . The country is reporting that it has intercepted several missiles, which targeted Muwaffaq Salti Air Base - jointly operated by US and Jordanian forces. Oil prices have persisted above prewar levels on Thursday. Social Media/UGC/Reuters "Jordan has intercepted eight Iranian missiles in its airspace after sirens sounded across the country, according to the armed forces," reports Al Jazeera . "Falling shrapnel did not cause any casualties or material damage, it added." Following the US bombing of the Islamic Republic for a second consecutive night, which came after Iranian forces sought to enforce its own shipping route and protocol on the Strait of Hormuz (which saw several international vessels attacked), Tehran has newly confirmed it in turn struck "US bases and strategic centers” in Bahrain, Kuwait, and Qatar. In particular the IRGC has claimed that two US bases in Kuwait and two base in Bahrain were attacked - and the Iranian elite force is threatening more to come. US Central Command (CENTCOM) says the rate of its strikes have grown to about 14 times the number of targets hit in the last late June flare-up in fighting. Sirens blared in several cities in Jordan as Iranian missiles were intercepted. Jordanian Armed Forces confirmed at least eight missiles were intercepted. pic.twitter.com/2aRvPCsY2Q — Al Jazeera Breaking News (@AJENews) July 9, 2026 According to the figures cites in the NY Times : U.S. forces have struck more than 170 Iranian military targets in the past two days , including air defense systems, drone and missile st...
Stock index futures were higher before the opening bell on Thursday as investors shrugged off rising tensions in the Middle East. Here are the four stocks to watch on the day: Cerebras Systems ( CBRS ) rose 6.35% in premarket trading after announcing plans to invest several billion dollars to expand its AI infrastructure across Europe. The company aims to launch its first regional data center capa...
Stock index futures were higher before the opening bell on Thursday as investors shrugged off rising tensions in the Middle East. Here are the four stocks to watch on the day: Cerebras Systems ( CBRS ) rose 6.35% in premarket trading after announcing plans to invest several billion dollars to expand its AI infrastructure across Europe. The company aims to launch its first regional data center capacity by the end of 2026 and reach 200 megawatts across France and the Nordic region by the end of 2027, with part of the capacity supporting OpenAI. PepsiCo ( PEP ) fell 2.46% in premarket trading despite reporting second-quarter revenue that topped Wall Street estimates by about $230M. Investors focused on a slight earnings miss and the company's warning that geopolitical uncertainty and inflationary pressures could continue to weigh on consumer demand. Starbucks ( SBUX ) slipped 0.72% in premarket trading after Bloomberg reported the coffee chain is expanding its use of artificial intelligence while reducing its reliance on software from Microsoft and IBM. The company is developing in-house inventory and maintenance management systems, with some applications expected to roll out by the end of next year. Honeywell Technologies ( HON ) gained 0.72% in premarket trading after updating its second-half and full-year 2026 earnings guidance to reflect the completion of a one-for-two reverse stock split. The company reaffirmed its underlying outlook, with the revised per-share guidance adjusted for the new share count. More related stories Cerebras Systems: OpenAI, AWS And The Case For A Buy Rating Cerebras: The Technology Is Real, But So Are The Risks Why You Want PepsiCo To Miss Earnings This Week PepsiCo's international demand makes up for pressured U.S. consumer Starbucks eyes AI-built software to reduce Microsoft, IBM spending - report