Updates from Wednesday’s last-eight action in SW19 Arthur Fery: the wildcard carrying GB hopes | Mail Katy Hello and welcome to the Wimbledon quarter-finals – Part II! When the 19-strong British contingent suffered a near-wipeout in the singles first round, the idea that Arthur Fery, one of the few survivors, would go on to reach the quarter-finals seemed utterly outlandish. The 23-year-old, who w...
Updates from Wednesday’s last-eight action in SW19 Arthur Fery: the wildcard carrying GB hopes | Mail Katy Hello and welcome to the Wimbledon quarter-finals – Part II! When the 19-strong British contingent suffered a near-wipeout in the singles first round, the idea that Arthur Fery, one of the few survivors, would go on to reach the quarter-finals seemed utterly outlandish. The 23-year-old, who was born in France but grew up five minutes from the All England Club, had won only one match at Wimbledon before this year, and only two grand slam matches in his whole career. Continue reading...
Salesforce ( CRM ) was in focus on Wednesday as the U.S. Air Force's 441st Vehicle Support Chain Operations Squadron has picked the tech giant's Missionforce national security unit to help modernize its $13.5B vehicle fleet. The Air Force will use Missionforce to help streamline logistics, cut downtime, and increase readiness for its global 100,000-vehicle fleet, Salesforce said in a statement . V...
Salesforce ( CRM ) was in focus on Wednesday as the U.S. Air Force's 441st Vehicle Support Chain Operations Squadron has picked the tech giant's Missionforce national security unit to help modernize its $13.5B vehicle fleet. The Air Force will use Missionforce to help streamline logistics, cut downtime, and increase readiness for its global 100,000-vehicle fleet, Salesforce said in a statement . VSCOS is responsible for managing the Air Force's vehicle fleet. “The 441st VSCOS is a masterclass in how a lean, mission-focused team paired with Salesforce can drive real global impact,” said Kendall Collins, CEO of Missionforce and Government Cloud at Salesforce, in a statement. “By consolidating onto a single, interoperable platform with Missionforce National Security, the Air Force has turned fragmented logistics operations into a strategic advantage. This is delivering improved visibility for commanders, reduced service downtime, and helping ensure vehicles are ready to roll when the call comes.” Salesforce shares were modestly lower in premarket trading. More on Salesforce Salesforce: At The Tipping Point, Brace For 0-5% Growth Salesforce: Time To Fill Up The Truck With This Incredible Bargain Salesforce: Why The Bears Are Getting Ahead Of Themselves Salesforce to spend $1B in Switzerland as it bets on agentic AI Notable tech headlines for the week: Meta, Micron, Palantir in focus
PonyWang/E+ via Getty Images Thesis Overall, here I would be quite constructive on RxSight, Inc. ( RXST ), but we have to acknowledge the near-term headwinds. Competitive trialling, softer procedure volumes, and we’re even seeing slowing standalone sales momentum, which is likely to weigh on performance through FY26. There is also the need for continued commercial investment, which keeps cash burn...
PonyWang/E+ via Getty Images Thesis Overall, here I would be quite constructive on RxSight, Inc. ( RXST ), but we have to acknowledge the near-term headwinds. Competitive trialling, softer procedure volumes, and we’re even seeing slowing standalone sales momentum, which is likely to weigh on performance through FY26. There is also the need for continued commercial investment, which keeps cash burn elevated. That being said, I do think the long-term bull case is still very much intact here. The Alcon collaboration should fundamentally shift the model toward a much higher-margin, royalty-driven platform with some meaningful TAM expansion. The core Light Adjustable Lens technology is still very much clinically differentiated. So if management can execute on both commercial reacceleration and pipeline innovation, then in the longer term I see a credible path to multiple expansion from currently depressed levels. As such, I would lean more towards hold here until we see those near-term headwinds play out, as there may be more downside in the short term. However, it should be viewed as a longer-duration story with volatility along the way. 2Q26 preliminary results As you know, RxSight has just announced a pretty mixed but also strategically important preliminary 2Q26 update. We’re seeing top-line performance reflect some good underlying demand resilience but also some emerging competitive pressures. Revenue is expected to come in at around $32 to $34 million, with about $27 million of that being driven by core product sales. Now, those core sales are tipped to include about 24,917 Light Adjustable Lens (LAL) units and 11 Light Delivery Devices. This leaves them with an incremental $5 to $7 million contribution from their new collaboration with Alcon, which does provide some early validation of a potentially meaningful second revenue stream here. Management did mention some meaningful commercial headwinds on the call tied to increased competitive trialling, but despite thi...
智能手机统治了过去十几年的数字生态，它是注意力的黑洞，是我们最私密的随身之物。但手机从设计之初就是为「人盯着它」而生的——它的全部逻辑，都止于屏幕。 AI 的需求却恰恰相反：它需要持续感知物理世界——见你所见，听你所闻，随时在场，而非等你解锁屏幕才醒来。 当 AI 真正成为一种基础能力，它迟早要从屏幕里破壳而出，寻找属于它自己的形状。这将是一个漫长的探索和演化过程。 「AI 器物志」栏目由此而来，...
智能手机统治了过去十几年的数字生态，它是注意力的黑洞，是我们最私密的随身之物。但手机从设计之初就是为「人盯着它」而生的——它的全部逻辑，都止于屏幕。 AI 的需求却恰恰相反：它需要持续感知物理世界——见你所见，听你所闻，随时在场，而非等你解锁屏幕才醒来。 当 AI 真正成为一种基础能力，它迟早要从屏幕里破壳而出，寻找属于它自己的形状。这将是一个漫长的探索和演化过程。 「AI 器物志」栏目由此而来，爱范儿想和你一起持续观察：AI 如何改变硬件设计，如何重塑人机交互，以及更重要的——AI 将以怎样的形态进入我们的日常生活？ 如果说过去一年多的时间里 AI 生态「狂飙突进」的核心是什么，那一定不是「手机是否会被替代」，而是另一个更朴素的疑问： 当 AI 不再只是一个网页或者 app，它应该附着在哪里？ 图｜I, Robot (2004) 正是这个问题，促成了如今我们所知的 AI 配件生态—— 在手机之外的任何位置，耳机、眼镜、胸针、卡片、桌面助手、车载终端等等，都可以成为 AI 或者智能体的立足点。 而微软在其开发者大会 Build 2026 上展示的一个 AI 硬件项目 Project Solara，提供了一个很有代表性的答案。 图｜YouTube @Microsoft 未来工牌要好看，更要智能 首先，让很多 Windows Phone 拥趸失望的是，Project Solara 不是什么所谓的 AI 手机，也不是什么让 Copilot 旧酒装新瓶的消费电子新品。 Project Solara 的本质，是一套「行业用 AI 方案模板」： 以轻量化、企业集群管理的设备系统为基础，用内置的微软设备生态平台（Microsoft Device Ecosystem Platform, MDEP）连接 Azure 托管的智能体服务，主要面向百思买（Best Buy）、李维斯（Levi's）、塔吉特（Target）等等 B 端商业伙伴。 虽然官方的描述很抽象，但微软在现场展示的两款 设计样板 就很直白了。 一款是给打工人随身佩戴的「AI 工牌」，一款是为办公室桌面量身打造的「智控中枢」： 图｜Command Line 其中智控中枢原理和现在的智能家居 Hub 很像，但是多了许多对于企业和工作场景的针对性设计，更吸引人目光的无疑是那个 5G AI 工牌。 根据微软介绍，这款概念中的「A...
Alones Creative/iStock via Getty Images Co-authored with Beyond Saving If you are young and just starting on your investing journey, you will often be inundated with advice. Some of it is great advice; some of it isn't. One piece of advice I want to discuss today is that dividend investing is only for "old" people. Which is really weird because I was in my 20s when I started investing for income, ...
Alones Creative/iStock via Getty Images Co-authored with Beyond Saving If you are young and just starting on your investing journey, you will often be inundated with advice. Some of it is great advice; some of it isn't. One piece of advice I want to discuss today is that dividend investing is only for "old" people. Which is really weird because I was in my 20s when I started investing for income, and I don't think 20 is all that old. Yet, a general piece of advice that I see dispensed frequently to young people is that they "should" invest in high-flying growth stocks. They should swing for the fences. This advice exists for various reasons. Let's talk about why this advice exists and then discuss whether it is "good" advice. Growth Outperforms Over The Long Run? Growth/tech stocks have been the best-performing stocks for the past 20 years. All the stocks that people who started investing 25 years ago wish they had loaded up on and held are tech stocks. Some have made a lot of money on them; others wish they had loaded up on them. If you are measuring to today, then the best growth stocks are going to dramatically outperform the best dividend stocks. Hands down, it isn't even close. If you could go back in time 20 years, knowing what you know now, then yes, you'd be loading up on growth stocks. So, people pass along that advice to those who are younger. However, whenever you are measuring, it is important to understand the point in time that you are measuring to. If we look at 2007-2026, we can see that valuations of growth companies have expanded, while valuations for value companies have declined. Source Yardeni A huge portion of the performance difference between growth and value stocks since 2007 is due to the valuation of growth stocks climbing, while the valuation for value stocks has been relatively stable. If you are measuring from a period of low valuation to a period of high valuation, then the results will be high. Is that going to continue for the next 2...
JHVEPhoto/iStock Editorial via Getty Images ServiceNow ( NOW ) has been having a tough 2026 with its stock down nearly 24% at the time of writing. While there's been a small bounce as of late, there continues to be an AI overhang on the stock as the market is unconvinced that AI is actually a tailwind for the business, like the company puts forth. I think this is largely near-sighted and think tha...
JHVEPhoto/iStock Editorial via Getty Images ServiceNow ( NOW ) has been having a tough 2026 with its stock down nearly 24% at the time of writing. While there's been a small bounce as of late, there continues to be an AI overhang on the stock as the market is unconvinced that AI is actually a tailwind for the business, like the company puts forth. I think this is largely near-sighted and think that, ultimately, consistency of core KPIs in the coming quarters will dispel the narrative. I am beginning coverage with a Buy rating as I see the fears over AI disruption as overblown and misunderstand the bigger ecosystem at play and how ServiceNow is a share gainer, not a share loser. The Quiet Control Tower The company's offering really stretches from technology workflows, core business workflows, CRM and industry workflows, to creator and other workflows. These create the ability for performance to be improved inside organizations from both an efficiency and cost standpoint. The company has over 8,800 global customers, including over 85% of the Fortune 500. This is a significant competitive moat. The core business really touches the HR, legal, finance, supply chain and facilities verticals to help do all of the complicated workflows in order for employees to be efficient and for organizations to not be inundated with costs. A really good way to think about what ServiceNow actually does is that it is the operating system backbone for any business workflow. This is not geared towards small enterprises, this is truly a medium and large-sized company type of platform. The company has two classifications of revenue, but one is substantially the majority. The company earns the bulk of its revenue from subscription services, at about 97% of total revenue. Professional services and other accounts for just 3%. The company has cRPO and RPO. These are the current remaining performance obligations and remaining performance obligations, with the latter representing the total contract...
A year since the dust settled on the Singapore general election, leadership resignations in two small opposition parties signal a period of post-poll recalibration after disappointing results. The once-promising Progress Singapore Party (PSP), led by ruling People’s Action Party (PAP) defector Tan Cheng Bock, was dealt an “existential blow” on Monday, analysts say, following the resignations of tw...
A year since the dust settled on the Singapore general election, leadership resignations in two small opposition parties signal a period of post-poll recalibration after disappointing results. The once-promising Progress Singapore Party (PSP), led by ruling People’s Action Party (PAP) defector Tan Cheng Bock, was dealt an “existential blow” on Monday, analysts say, following the resignations of two central executive committee members. Stephanie Tan, 38, was a newcomer who ran in the election,...
narvo vexar Beazer Homes USA ( BZH ) stock jumped 12% in Wednesday premarket trading after Dream Finders Homes ( DFH ) increased its proposed price to acquire the homebuilder by 24% from its original offer. Dream Finders ( DFH ) submitted a revised proposal to acquire all outstanding Beazer ( BZH ) shares for $32.00 per share in cash, up from its proposal of $25.75 submitted in May. The suitor is ...
narvo vexar Beazer Homes USA ( BZH ) stock jumped 12% in Wednesday premarket trading after Dream Finders Homes ( DFH ) increased its proposed price to acquire the homebuilder by 24% from its original offer. Dream Finders ( DFH ) submitted a revised proposal to acquire all outstanding Beazer ( BZH ) shares for $32.00 per share in cash, up from its proposal of $25.75 submitted in May. The suitor is taking the revised proposal public, as it has had little success in engaging with Beazer's board. In its attempts to engage with Beazer ( BZH ), Dream Finders ( DFH ) had submitted a proposal of $29.25 per share on June 22. The latest revised proposal was submitted on June 30. Now, Dream Finders said Beazer has introduced new "onerous preconditions," including a non-disclosure agreement with a 12-month standstill period. "While we would have preferred to continue our discussions privately, Beazer’s proposed non-disclosure agreement and related restrictions go well beyond what is necessary to protect confidential information," said Dream Finders ( DFH ) Chairman and CEO Patrick Zalupski. "Taken together with Beazer’s past unwillingness to engage, these provisions raise questions about whether the board is prepared to pursue a transaction that we believe would be in the best interest of Beazer shareholders." The potential acquirer said it has received “highly confident” letters from financial institutions that financing can be arranged in the capital markets. Furthermore, Dream Finders said it's fully committed to completing the transaction and beginning limited due diligence on an expedited timeline. More on Dream Finders Homes, Beazer Homes Beazer Homes USA: Aggressive Construction Plans Given Weak Demand Dream Finders Homes: Size Isn't Everything, And Opportunistic Offer Cranks Up The Risk Beazer Homes USA: The Hostile Buyout Situation Is Complicated Can the 21st Century ROAD to Housing Act fix a broken market? Quant check on housing stocks after affordable housing bill ad...
Group blames expected £30m loss in first half of year on weakening market and lower consumer confidence Vistry Group , one of Britain’s biggest housebuilders, has warned it will make a loss in the first half of the year, after it resorted to heavy discounting to attract buyers for unsold homes . Vistry shares fell by 8% after the firm also announced its finance director was leaving. Continue readi...
Group blames expected £30m loss in first half of year on weakening market and lower consumer confidence Vistry Group , one of Britain’s biggest housebuilders, has warned it will make a loss in the first half of the year, after it resorted to heavy discounting to attract buyers for unsold homes . Vistry shares fell by 8% after the firm also announced its finance director was leaving. Continue reading...