Podcasts about financials

Today, we'll hear about: •             A businessman wondering if he should share his financials with his leadership team •             A butcher looking to increase cash flow in his business •             Why hiring someone quickly is not a smart move •             A business owner unsure whether his company should hire an HR employee Next Steps: ·     

Mark Brennan,  Founder, CEO, and Director of Cerrado Gold Inc (TSX.V: CERT) (OTCQX: CRDOF), joins me to review the Q2 2025 financials and operations, along with the dual-pronged 20,000 meter expansionary exploration program at the producing Minera Don Nicolas gold mine in Argentina, and the value proposition key upcoming development catalysts at the Lagoa Salgada VMS Project in Portugal and the Mont Sorcier Iron-Vanadium project in Quebec.    Q2/25 MDN Operating Highlights:   Q2/25 production of 11,437 GEO and AISC of $1,779/oz Unit costs expected to continue to decline as production increases in H2/2025 Q2/25 Adjusted EBITDA of $7.4 million Record heap leach production of 7,864 GEO during the Quarter Underground development at Paloma started with three access portals CIL plant receiving initial contribution from underground development; production expected to ramp up over H2/2025 20,000m Exploration Program underway at MDN targeting potential significant resource growth opportunities   Mark and I review their Minera Don Nicolas producing gold project in Argentina, and the record heap leach gold equivalent ounce production for the quarter. There is expanded and improved crushing capacity at the heap leach, from the newly installed secondary crusher, and this will continue to be impactful on a move-forward basis in Q3 and beyond, with the quantity of ore being placed on the pad having increased, and with it helping to reduce down unit costs into H2. The production profile will also keep growing with the underground mining having now commenced.  With higher gold prices, the CIL plant continued to process lower-grade stockpiles in Q2/25, but new high-grade material from the underground mining operations will start being blended with it moving forward, and this will increase the average grade throughput at the mill.   Another area of future growth will be the 20,000 meter drill program will be a combination of  underground exploration work targeting new areas of mineralization and growing the mine life, in addition to surface drilling that is exploring around the open pit resources, as well as identifying additional satellite open-pits at surface.     Next we unpacked the growing value proposition at the Lagoa Salgada VMS Project  in Portugal, with a Post-tax NPV of US$147 million and a 39% IRR in the current Feasibility Study. This Project adds both substantial precious metals resources along with critical minerals exposure (42 % Gold & Silver, 24% zinc, 14% copper, and 5% tin) to the future production profile.  We also discuss the various work streams leading to optimized Feasibility Study in Q4, a construction decision by Q1 2026.  Construction is targeted for H2 of 2026, with first production slated for early 2028.   We wrap up discussing the underappreciated value and ongoing derisking work that is moving towards a Bankable Feasibility Study in Q1 of 2026 at the Mont Sorcier Iron-Vanadium in Quebec. Recent metallurgical test work, has reaffirmed the potential to produce high-grade and high-purity iron concentrate grading in excess of 67% iron with silica and alumina content below 2.3%.     If you have questions for Mark regarding Cerrado Gold, then please email those to me at Shad@kereport.com.   * In full disclosure, Shad is a shareholder of Cerrado Gold at the time of this recording, and may choose to buy or sell shares at any time.   Click here to see the latest news from Cerrado Gold.

Thanks to our partners Promotive and Wicked FileWelcome to another episode of Business by the Numbers with Hunt Demerast, CPA at Parmelis & Associates. This week, Hunt digs into a deceptively simple question every shop owner should be asking: when and how should you look at your financials?Too often, business owners flip through their QuickBooks file or shop management system without clarity on what they're really trying to uncover. Hunt breaks down the process like a scientist testing a theory: identify the problem, brainstorm possible fixes, implement solutions, and then analyze results.From chasing profitability to tackling parts gross profit, Hunt explains how daily, weekly, and monthly reviews tell different stories about your business. Along the way, he shares why financials are trailing indicators, how leading metrics like productivity or parts pricing play a bigger role than many realize, and why “set it and forget it” rarely works when it comes to profitability.You'll also hear:(03:07) Why the frequency of financial reviews should match the problem you're solving(05:55) How to use the scientific method to test business decisions(10:53) A real-world example of fixing low parts gross profit margins(17:53) The danger of only reviewing numbers once a year(19:47) Why your assumptions must be tested against reality—and how to course-correctWhether you're chasing higher margins, fighting to stay profitable, or just trying to sleep at night knowing your numbers are right, this episode offers a roadmap to thinking about financials with purpose instead of panic.Stay safe out there—and remember, your financials are only as valuable as the questions you ask of them.Thanks to our partner PromotiveIt's time to hire a superstar for your business; what a grind you have in front of you. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit https://gopromotive.com/Thanks to our Partner WickedFileTurn chaos into clarity with WickedFile, the AI for auto repair shops. Transform invoices into insights, protect cash flow, and stop losing parts, cores, or credits to maximize your bottom line. visit https://info.wickedfile.com/Paar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online: www.paarmelis.comEmail Hunt: podcast@paarmelis.comText Paar Melis @ 301-307-5413Download a Copy of My Books Here:Wrenches to Write-OffsYour Perfect Shop Aftermarket Radio NetworkRemarkable Results Radio Podcast with Carm Capriotto: Advancing the Aftermarket by Facilitating Wisdom Through Story Telling and Open DiscussionDiagnosing the...

Thanks to our partners Promotive and Wicked FileWelcome to another episode of Business by the Numbers with Hunt Demerast, CPA at Parmelis & Associates. This week, Hunt digs into a deceptively simple question every shop owner should be asking: when and how should you look at your financials?Too often, business owners flip through their QuickBooks file or shop management system without clarity on what they're really trying to uncover. Hunt breaks down the process like a scientist testing a theory: identify the problem, brainstorm possible fixes, implement solutions, and then analyze results.From chasing profitability to tackling parts gross profit, Hunt explains how daily, weekly, and monthly reviews tell different stories about your business. Along the way, he shares why financials are trailing indicators, how leading metrics like productivity or parts pricing play a bigger role than many realize, and why “set it and forget it” rarely works when it comes to profitability.You'll also hear:(03:07) Why the frequency of financial reviews should match the problem you're solving(05:55) How to use the scientific method to test business decisions(10:53) A real-world example of fixing low parts gross profit margins(17:53) The danger of only reviewing numbers once a year(19:47) Why your assumptions must be tested against reality—and how to course-correctWhether you're chasing higher margins, fighting to stay profitable, or just trying to sleep at night knowing your numbers are right, this episode offers a roadmap to thinking about financials with purpose instead of panic.Stay safe out there—and remember, your financials are only as valuable as the questions you ask of them.Thanks to our partner PromotiveIt's time to hire a superstar for your business; what a grind you have in front of you. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit https://gopromotive.com/Thanks to our Partner WickedFileTurn chaos into clarity with WickedFile, the AI for auto repair shops. Transform invoices into insights, protect cash flow, and stop losing parts, cores, or credits to maximize your bottom line. visit https://info.wickedfile.com/Paar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online: www.paarmelis.comEmail Hunt: podcast@paarmelis.comText Paar Melis @ 301-307-5413Download a Copy of My Books Here:Wrenches to Write-OffsYour Perfect Shop Aftermarket Radio NetworkRemarkable Results Radio Podcast with Carm Capriotto: Advancing the Aftermarket by Facilitating Wisdom Through Story Telling and Open DiscussionDiagnosing the...

The UK Investor Magazine was thrilled to welcome Thomas Moore, Fund Manager of Aberdeen Equity Income Trust, to discuss the trust's award-winning strategy and approach to achieving a high yield with a UK equity income mandate.The trust has earned AIC Dividend Hero status and won Best Income Trust at the Online Money Awards. The trust is among the best performing AIC equity income trusts over the past 52 weeks on a NAV growth basis while maintaining an attractive 6% yield.Find out more about Aberdeen Equity Income Trust here.The conversation begins by exploring Moore's distinctive approach to UK equity investing and what sets Aberdeen Equity Income Trust apart from its peers. We delve into the trust's index-agnostic approach to portfolio construction and how it enhances the trust's payouts.Thomas provides his view on the current UK political environment and the implications for UK shares.Financials dominate the trust's portfolio, Thomas explains the attraction of the sector and what the future holds. We explore portfolio companies including HSBC, BP, Coats and Ithaca Energy. Thomas also provides his view on the housebuilders. Hosted on Acast. See acast.com/privacy for more information.

Alex Langer, President and CEO of Sierra Madre Gold And Silver (TSXV: SM) (OTCQX: SMDRF), joins us to review the Q2 2025 operations and financials showing profitability as the operations team continues fine-tuning the mining and milling processes at the site, at the La Guitarra Mine and processing plant, in Mexico.  Additionally, production is ramping up at the higher-grade Coloso mining center, where dewatering and underground development are underway. We also discuss how the recent $19.5Million financing announced on July 31st, funds the future development and exploration value drivers for the Company across their district-scale land package.    Q2 2025 Highlights   Net Revenues: Silver revenues for the quarter totalled $2.18 million ($33.20 per ounce) and gold revenues totalled $3.59 million ($3,271 per ounce). Net revenues for Q2 2025 increased by 10.7% to $5.36 million or $30.87 per AgEq ounce sold as compared to $4.84 million or $29.32 per AgEq ounce in the quarter ended March 31, 2025. Sales: In Q2, the Company sold 65,683 ounces of silver ("Ag") and 1,096 ounces of gold ("Au") or 173,562 silver equivalent ("AgEq") ounces. Cost of sales was $4.07 million for Q2 2025, or approximately $23.45 per AgEq ounce sold as compared to $3.60 million, or $21.84 per AgEq ounce sold for Q1 2025. Adjusted EBITDA increased by 37.5% to $1.46 million for Q2 2025, compared to $1.07 million for Q1 2025. All-in-sustaining costs per AgEq ounce sold of $30.10 per ounce, compared to $28.98 in Q1 2025. In Q2 2025, production unit costs were impacted by the effects of an early onset of the Mexico rainy season and related power outages on production volumes, wage increases, increased depreciation and depletion. Gross Profit was $1.29 million for Q2 2025 ($1.23 million in Q1 2025). Cash provided by operating activities was $1.00 million for the six months ended June 30, 2025 ("H1 2025") and includes $535,000 generated in Q1 2025. Current assets, including cash, totaled $5.93 million at June 30, 2025 ($4.33 million at March 31, 2025). Closed C$19.5M Private Placement: On July 24th and July 31st, 2025 in two tranches. First Majestic Loan Extension: On May 30, 2025, the Company and First Majestic Silver Corp. agreed to extend the $5 million senior secured project financing loan for an additional twelve months to mature on May 8, 2027. All other terms of the agreement remain unchanged.   Additional Operational Details   Mine Operations: Milled 41,235 tonnes of material, with silver recoveries averaging 76.62% and gold recoveries averaging 77.95%. Production: Produced 66,011 ounces of silver and 1,048 ounces of gold (vs. production of 70,176 ounces of silver and 1,001 ounces of gold in Q1 2025). Coloso Mining: On April 29th, mining at the high-grade Coloso Mine restarted within the Guitarra Complex with the first stope being brought into production. Equipment Purchases: In H1 2025, spent $764,000 to acquire mining and mobile equipment and refurbish underground equipment (including $378,000 spent in Q1 2025). Development: $113,000 spent on mine development in H1 2025. Exploration: spent $362,000 on exploration and evaluation activities in H1 2025, which includes capitalized concession fees.       Alex discussed how the  C$19.5 million financing, supported by high-quality institutional shareholders, will be deployed in part to purchase additional equipment and implement improvements at the mine to reduce costs and increase production grades and volumes in the near-term. They are finalizing plans for a plant expansion to increase capacity up from the current 500 t/d run rate, and preparing for a significant exploration program at the East District concessions, which will include a drill program of over 25,000 meters.   The property hosts 8 different past-producing mines, with the first 2 priorities being to explore around the El Rincon and Mina de Agua mines.   Additionally, there is a non-compliant 17 million ounce historic resource at the Nazareno Mine, and also solid underground infrastructure connecting to the nearby high-grade Coloso Mine, that First Majestic had put quite a bit of sunk cost into already.     If you have any questions for Alex regarding Sierra Madre Gold and Silver, then please email them to me at either Shad@kereport.com.   Click here to follow along with the latest news from Sierra Madre Gold & Silver   In full disclosure, Shad is a shareholder of Sierra Madre Gold and Silver and may choose to buy or sell shares at any time.   Investment disclaimer:  This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. 

The ASX 200 has bounced back 88 points or 1% to 8827. Still down 72 points since the close on Tuesday. Financials stayed on top. ‘Big Three' plus MQG all up 2%. ANZ up 1.3%. ZIP up 3.6%. Gold the only sector in the red despite bullion maintaining its record high. Discretionary stocks no. 2. Most of the gain driven by WES up 2.5%. Has already recovered all its ex-dividend drop. DMP lost most of its morning gains. Tech no. 3. Not the huge bounce we were expecting following the Nasdaq's rise. XRO went from worst in the Top 50 to best. Up 4.8%. Good to see it, WES, CBA, MQG, NAB, WBC and PME along with HUB in the top gainers table. WTC lifeless and NXT finally gave it to a bout of profit taking.Defence stocks mixed as traders digest China's military show. EOS and ASB jumped while DRO and CDA only recorded small wins. Resources ended flat. Solid day from iron ore (back up to $105 in Singapore) and copper offset by gold. BHP only fell 31c vs its ~92c dividend. Lithium mixed. LTR, MIN and PLS all up over 1% while PMT and WC8 dropped. Excellent day for uranium. DYL up 6%, BOE up 5%, NXG up 4% and PDN up 2%. LOT closed at 18c (-20%) vs the 19c placement. Telecoms flat too. Health Care strong thanks to CSL and PME up 2.1% and 1.9%. 4DX the major mover. Up 13.4%. Backing up its huge 50% rise yesterday on US reimbursement certainty.Asian markets more converse since midday. Japan up 1%. China down 1.2%. No lead from US futures. Broadcom results early tomorrow morning.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Wall Street recorded a broad and positive session as JOLTS data, weaker than expected, convinced markets that the Fed would likely cut when they meet later this month. Classic case of bad news is good news. S&P 500 up 0.8%, Nasdaq up 1.0%. Dow steadily rose throughout the day. Closed near high, up 350 points. All sectors up. Cyclicals the top performer, boosted by gains of 4.3% in Amazon. Financials, Industrials and Tech followed.ASX to rise. SPI futures up 52 points (+0.59%).In corporate news, Broadcom rose 1.2% ahead of earnings as markets bet on its AI edge. Amazon and Meta's gains of 4.3% and 1.6% added to broader growth momentum, lifting sentiment. Salesforce dropped 4.9% after weak revenue guidance pointed to sluggish AI monetisation. American Eagle Outfitters jumped 37.9% on upbeat sales outlook.Resources down. Oil down as US crude stockpile rises while OPEC weighs another supply increase. Copper, nickel and aluminium all fell while iron ore rose on fresh hopes for rising Chinese demand.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Ed Siddell emphasizes rules-based investing – but also adjusting rules as the market conditions change. He likes technology and AI, arguing we are still in the “early innings” of their rise; he “loves” small caps as well. He warns investors not to try to “time the market,” but instead stay disciplined as the market weakens to begin September. Ed is betting on the Fed cutting a “minimum of 50 basis points” by the end of the year, which he expects to spur markets and mortgage demand, boosting the financial sector.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

On today's poddy, we teach you how to run your accounts. Follow The Big Show on InstagramSubscribe to the podcast now on iHeartRadio, YouTube, or wherever you get your podcasts!Featuring Jason Hoyte, Mike Minogue, and Keyzie, "The Big Show" drive you home weekdays from 4pm on Radio Hauraki.Providing a hilarious escape from reality for those ‘backbone’ New Zealanders with plenty of laughs and out-the-gate yarns.Download the full podcast here:iHeartRadioAppleSpotifySee omnystudio.com/listener for privacy information.

Our annual Labor Day Weekend program features some of the best places to invest in when interest rates are falling including Real Estate, Homebuilders and Financials.  We also take a look at some of the best Quantum Computing Companies that you might invest in right now according to US News and World Report.

Rates & Fed Policy: Markets are overly optimistic on rate cuts; inflation remains sticky, keeping the Fed cautious (DeepMacro).Equity Positioning: Systematic funds are heavily tilted toward equities, with allocations at or near record highs (MenthorQ).China Equities: Narrowing gap between H-shares and A-shares signals opportunity; liquidity and household cash provide strong support (HSBC).Market Breadth: Short-term indicators are overbought, but long-term breadth remains healthy (Dantes Outlook).Fixed Income: Attractive yields unlikely to return to pre-pandemic lows; belly of the curve (5–6 year maturities) offers a balance of income and rate risk (Vanguard).Municipals & Credit: Municipal bonds and investment-grade credit stand out as high-quality, inexpensive options.Equities: Active managers struggle against the Magnificent Seven; indexing provides a strong foundation, while Industrials, Financials, and Healthcare offer selective momentum opportunities (Morningstar, Dantes Outlook).Takeaway: Stay disciplined, revisit bond allocations, and avoid overstretching for yield or risk.

James Anderson, CEO of Guanajuato Silver (TSX.V:GSVR – OTCQX:GSVRF), joins me to review their Q2 2025 financials, an operations and exploration update at their 4 producing mines in Mexico, the permitting approval for future development at Pinguico, and the strategy for growth in H2 2025 and beyond.   Selected Q2 2025 Highlights: Mine operating income of $3.38M was the fifth consecutive positive quarter; mine operating income totaled US$8.2M for H1 2025. Adjusted EBITDA of $1.89M was also positive for the fifth consecutive quarter. Working capital deficiency improved by 56% or $8.7M during H1, 2025; down from -$15.4M to -$6.7M. The average realized silver price for the quarter was $33.58 per ounce, up 5.2% from Q1.  The average realized gold price for the quarter was $3,278 per ounce. Guanajuato Silver is a primary precious metals producer with over 90% of the Company's revenue derived from the production and sale of silver and gold. Production for the quarter was 659,237 silver equivalent ("AgEq") ounces. Production consisted of 321,990 ounces of silver, 2,913 ounces of gold, 683,163 pounds of lead, and 853,646 pounds of zinc.   James reviewed a number of equipment purchases and underground operational initiatives implemented in the quarter, that will improve future working efficiencies at all four of their producing assets in Mexico.  Guanajuato Silver produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mining centers are located within the state of Guanajuato. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango.   Next we discussed that the past-producing Pinguico Mine, an epithermal gold-silver vein project, and a satellite project to the nearby El Cubo Mines Complex, received a key development permit on August 6th that allows the Company to advance this wholly owned project. Receipt of a General Use Explosives Permit, issued by the Ministry of Defense, allows for restart of development work at Pinguico. Drifting along the mineralized San Jose vein structure towards the Pinguico underground stockpile is expected to recommence in Q4, 2025.   We then got a comprehensive exploration update at Pinguico, the El Horcon Mine, and reviewed some of the recent drill intercepts at the new high-grade zone at the San Ignacio Mine.  Wrapping up James summarizes the various growth initiatives across the Company's portfolio of projects, and why he anticipates improving metrics over the balance of 2025.       If you have any follow up questions for James on Guanajuato Silver, then please email them into me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Guanajuato Silver at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Guanajuato Silver

The ASX 200 has finished the day near flat. Down 7 points or 0.1%. Flat for the week only up 6 points. No major changes from midday. Tech strengthened into the close. Up 3.1%. Led by NXT having its best day on record. DGT taken up 4.7% for the ride. WTC, XRO and TNE all playing catchup after a sluggish week. Energy next best thanks to WDS bouncing back after going ex and Uranium. PDN and BOE up 7.7% Coal stocks mixed. Other resources mixed. BHP up 0.4%. RIO and FMG flat. Good week for the iron ore price. Lithium and gold up. Copper down. Rare earths mixed. BRE up on results. ILU up a touch and LYC down 5.8% as trading resumes.Defensives all around the flat line. Financials and REITs worst. CBA and WBC sold off the most. NAB and ANZ near flat. MQG not reacting much to the positive Wall St lead. Insurers up. MPL bouncing. Reporting season over. NXT, HVN, ASB the winners. Not many losers in the Top 200. MSB, PXA and CUL worst. APE shot up another 9.5%, closing on the high. Now +26% in three days. Asian markets mixed. China and HK up. Japan down a touch. Not much of a lead from US futures yet. PCE price index main event tonight.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Scott Wapner and the Investment Committee countdown to Nvidia's earnings report tonight and what it could mean for the broader market. Plus, Financials are hitting a new all-time high, the desk debate how to trade the banks. And later, we hit the latest Calls of the Day.  Investment Committee Disclosures

The last witnesses talk about everyone's financials and we end with cell phone data, GPS, emails and texts leading up to the 1st attempt in June.ALL MERCH 10% off with code Sherlock10 at checkout  - NEW STYLES Donate: (Thank you for your support! Couldn't do what I love without all y'all) PayPal - paypal.com/paypalme/prettyliesandalibisVenmo - @prettyliesalibisBuy Me A Coffee - https://www.buymeacoffee.com/prettyliesrCash App- PrettyliesandalibisAll links: https://linktr.ee/prettyliesandalibisMerch: prettyliesandalibis.myshopify.comPatreon: https://www.patreon.com/PrettyLiesAndAlibis(Weekly lives and private message board)Become a supporter of this podcast: https://www.spreaker.com/podcast/pretty-lies-and-alibis--4447192/support.

In this episode, we delve into Elemental Altus Royalties' impressive Q2 financial performance, spotlighting their robust cash generation strategies. David Baker, CFO of the company, walks listeners through the key highlights of the quarter and also shares on insights on year-end guidance at these elevated gold prices.

Arturo Préstamo Elizondo, Executive Chairman and CEO of Santacruz Silver Mining Ltd. (TSXV: SCZ) (OTCQB: SCZMF), joins me to recap the key record Q2 2025 financial results along with a comprehensive review of all operations.  Santacruz Silver operates 1 mine in Mexico, and 5 mines, 3 mills, and an ore feed-sourcing and metals trading business in Bolivia, as an emerging mid-tier silver and base metals producer.     Q2  2025 Highlights   Revenues of $73.3 million, a 4% increase year-over-year. Gross Profit of $25.3 million, a 59% increase year-over-year. Net Income of $21.0 million, a 1,348% increase year-over-year. Adjusted EBITDA of $26.8 million, a 68% increase year-over-year. Cash and short- and long-term investments of $57.8 million, a 691% increase year-over-year. Working Capital of $60.3 million, a 303% increase year-over-year. Cash cost per silver equivalent ounce sold ($/oz) of $19.48, a 10% decrease year-over-year. AISC per silver equivalent ounce sold of $22.95, a 8% decrease year-over-year. Silver Equivalent Ounces produced of 3,547,054, a 15% decrease year-over-year1.     Q2 2025 Production Highlights: Silver Equivalent Production: 3,547,054 silver equivalent ounces Silver Production: 1,423,081 ounces Zinc Production: 21,148 tonnes Lead Production: 2,773 tonnes Copper Production: 229 tonnes   Arturo discussed the very strong revenues, gross profit, net income, adjusted EBITDA, cash and cash equivalents,  and working capital all up substantially in year-over-year metrics. In addition their cash costs and All-In Sustaining Costs (AISC) numbers came down in a meaningful way due to a combination of factors from mine optimization work paying off, to favorable currency exchange rates, and the positive impact of paying down the Glencore loan early, which will save the Company US$40 million. The Company plans to successfully complete the final 2 payments to Glencore by October 31, 2025, and will likely pay off both installments in the month of September.  The company also announced a sale of 70 million Bolivian Bolivianos Promissory Note at 7.00% interest rate, a maturity date of June 15, 2026, just to give them treasury efficiencies for working capital in country.   Switching over to the operations for the quarter, there was better revenues from their San Lucas ore-feeding business, which is now absorbing the Reserva Mine ore to then blend it with ore from the small-scale miners.   This leaves the ore from both the Tres Amigos and Colquechaquita mines to report to Caballo Blanco, making all operations much more efficient with better metals recoveries.   The San Lucas production and revenues largely offset the lagging effects in the quarter from the water issues at Bolivar, which have now been mostly resolved, and those high-grade veins will be a bigger contributor to production again for H2 of 2025.   Transitioning over to Mexico, we discussed the higher-grade 960 Level at the Zimapan Mine starting to contribute, and how this will continue growing in the Q3 and Q4 production profile from Zimapan for the balance of this year and for many years into the future.   Arturo also highlighted that with the strength of the balance sheet, the coming elimination of the Glencore debt, and robust incoming revenues, that the Company is now currently ramping up more exploration and development work at their Soracaya Project, to put it on the pathway to primary silver production about a year and a half out. An internal study was completed by Glencore with an estimated capex of ~US$40MM for construction of a processing plant and tailings facility. Mine plan envisions a 7 year mine life with average annual payable production of ~4.5MM oz AgEq (based on consensus prices). Development is subject to permitting.     If you have any follow up questions for Arturo regarding Santacruz Silver, then please email them to me Shad@kereport.com.   In full disclosure, Shad is a shareholder of Santacruz Silver at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Santacruz Silver

Send us a textGrowth strategist Maritza Davila shares powerful insights on using KPIs (Key Performance Indicators) to achieve predictable business growth through systematic measurement and accountability.• KPIs serve as "momentum metrics" that measure how well businesses are performing toward specific goals• Nothing is predictable unless it's measurable - weekly tracking allows for timely course correction• Both quantitative metrics (financial) and qualitative metrics (team satisfaction, culture) are important• Common mistake: measuring only lagging indicators (revenue) instead of leading indicators (inputs)• Having clear metrics creates accountability and clarity for team members• Weekly reporting creates a cadence to culture - everyone knows what's expected• The GROW methodology: Guide (vision/goals), Research (data collection), Optimize (improvement), Win (execution)• For predictable growth, referrals must be part of a systematic strategy, not just passive word-of-mouth• Owners must demonstrate accountability themselves to set the example for their teams• Three-strike rule provides framework for addressing underperformanceFor a free consultation with Maritza on growing your business predictably, visit www.businessclarity.coSupport the showBelemLeaders–Your organization's trusted partner for leader and team development. Visit our website to connect: belemleaders.org or book a discovery call today! belem.as.me/discoveryUntil next time, keep doing great things!

In today's Cloud Wars Minute, I break down Workday's strong Q2 results, highlighting how AI solutions, mid-market growth, government expansion, partner-driven value, and global initiatives are fueling momentum. Highlights00:14 — Workday recently posted a very nice fiscal Q2, ended July 31. I pulled out growth factors from the earnings call. Just a quick recap here: for Q2, its subscription revenue was up 14% to $2.17 billion, while their current RPO was up 16.4% to almost $8 billion. So, strong demand for the recent quarter and the pipeline going forward.01:37 — First of all, suites. Workday CEO Carl Eschenbach said 30% of Q2 deals were for full suites, which, in Workday parlance, is both Financials and HCM. These consolidated data sets, he said, are more and more vital to companies. Now they can use all of that data together for some of their AI solutions, and certainly on the AI side, there was strength there.02:05 — Among existing Workday customers, 30% of all deals included one or more AI solutions. For new customers, that number jumped to 70%. In the mid-market, a lot of strength there with a new go-to-market program tailored for the needs of mid-market companies, Workday Go. In the federal government, Workday has created a new subsidiary called Workday Government.03:04 — Partners are now generating, among new annual contract value, 20%. The sharing of data for AI, Eschenbach, over the last few quarters, has been touting the value and how clean that dataset is. There's a new president in India. Workday is building a data center in India to handle local and regional data requirements there—and in Germany and the UK.04:19 — One of the high-growth areas was a recent acquisition of a company called Eversort, in the contract intelligence business. Eschenbach said that for Eversort, revenue grew 100% quarter to quarter. So that's not year over year, but sequentially—it is doubling its revenue from one quarter to the next. Overall, very nice quarter for Workday and CEO Carl Eschenbach. Visit Cloud Wars for more.

David Baker CFO of Elemental Altus Royalties (TSX.V:ELE) (OTCQX:ELEMF), joins me to review Q2 2025 financials, record operating cashflows, and outsized year so far of one-off payments. We also dive into a variety of royalty partner project updates, the development growth still on tap in their portfolio of royalties, and look ahead to future acquisitions.   Financial Highlights   Royalty revenue of US$9.1 million and adjusted revenue1 of US$10.5 million, up 102% on Q2 2024 Record Operating Cash Flow plus Caserones dividends of US$14.4 million, up +900% on Q2 2024 Attributable Gold Equivalent Ounces ("GEOs") of 3,184 ounces, up 73% on Q2 2024 and adjusted EBITDA of US$8.8 million, up 155% on Q2 2024 Revenue guidance increased to US$35 million to US$40 million, based on an updated US$3,000/oz gold price for 2025 US$19.7 million increase in cash in Q2 2025   Outlook   Elemental Altus remains on track to meet record guidance of 11,600 to 13,200 GEOs, translating to increased record adjusted revenue of US$35 million to US$40 million, based on a gold price of US$3,000/oz. Production is anticipated to be weighted towards the first half of the year, driven by first gold sales from the Korali-Sud royalty This guidance represents a 38% increase in GEOs and 74% year-on-year increase in adjusted revenue at the mid-point of guidance, with full exposure to higher gold prices Elemental Altus has a Normal Course Issuer Bid ("NCIB") in place to purchase up to 12,288,129 common shares in the capital of the Company   Dave and I then do a rapid-fire review of a number of royalty partner updates at Karlawinda, Caserones Korali-Sud (Diba), Bonikro, Wahgnion, Laverton, Cactus, and Mactung;  each with compelling advancement and growth opportunities.     Turning to the financial strength of Elemental Altus, Dave highlights the US$27 million in cash on hand at quarter's end, the increased revenue guidance of over US$35 million this year, upwards of US$20 million in one-off payments coming in over 2025, the $50 million credit facility on hand, and the solid strategic investor and financial backing from Tether Investments.  All of these factors position the company to review making accretive future acquisition transactions this year and moving forward.     If you have any follow up questions for Dave regarding Elemental Altus Royalties, then please email them to me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Elemental Altus Royalties at the time of this recording, and may choose to buy or sell shares at any time.   Click here to view recent news on the Elemental Altus Royalties website

Wall Street recorded a positive session, boosted by Nvidia and Eli Lilly, despite concerns surrounding Fed independence as Trump fired governor Cook. Trump's decision comes on the back of allegations made by Bill Pulte, a Trump ally, of the federal housing finance agency, that Cook falsified records to receive favourable mortgage terms. Markets seemed to shrug the news off. S&P 500 up 0.41%, Nasdaq rose 0.44%. Dow rose steadily throughout the day. Closed near high, gained 136 points. Most sectors up. Energy and REITs the exceptions, as the former followed oil down. Industrials, Financials and Healthcare, the main leaders, recording gains of between 0.7%-0.9%.ASX to rise. SPI futures up 47 points (+0.53%). Results in Focus - WTC _DMP - FLT- NEC.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

The ASX 200 jumped early, then fell back to close up only 5 points at 8972 as the great rotation continues. Unleash the resource bulls! Banks and industrials sold off as commodity stocks rallied hard.The Big Bank Basket fell to $283.70 (-1.5%) with insurers also under siege on rate-cut hopes, QBE down 2.1% and SUN off 2.9%. REITs picked up the slack, pushing ahead, GPT up 1.1% and CHC up 1.6%. Financials were also better, AMP up 1.4% and ZIP basking in a warm embrace from broker calls, rallying another 7.5%.Defensives in consumer land slid, WES down 2.6% with WOW off 1.5% and COL down 0.6%. CPU fell 5.2% on lower rates, and QAN came in for a landing, down 1.3%. Tech also came under a little pressure, XRO continues to slide lower after the U.S. acquisition and cap raise. Retail and travel stocks were slightly better on rate-cut news — TPW rallied 5.4%, and LOV was up 2.9%. GYG found some support, up 7.8%, and FLT rose 1.1%.In resources, the big iron ore miners had a strong day, BHP, RIO, and FMG all up around 2.6%. Lithium stocks were better — PLS results today were cheered, with the stock rising 2.4%. IGO up 3.7%, and LTR rallying 4.2%. Gold miners were firm, EVN up 3.5% and NST up 2.8%, with copper stocks also in demand, SFR up 5.3%. Uranium stocks are finding new friends, PDN up 5.3% and NXG rising 5.3%.In corporate news, REH got smashed 16.4% by the Victorian economy, ABB beat forecasts and is going “buddyless.” BEN delivered an FY loss but rallied 1.1%, with STO extending the ADNOC deadline by a month. NHF rose 2.7% on better-than-expected results. ANN bounced 10.3% on upgraded guidance, and SXL surged 26.5% after a good set of numbers.Nothing much on the economic front.Asian markets up again, Japan up 0.4%, HK up 1.8% and China up 1.1%European markets opening flat. US Dow futures down 28 Nasdaq down 9. UK markets closed for bank holiday.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Ahmed Riesgo sees healthcare and financials being the two sectors to benefit the most in the coming months. He expects healthcare to benefit from evolving technology while financials will grow once the Fed kicks its rate cutting cycle back into motion. Even if tech takes a back seat, Ahmed still expects A.I. to be a "generational shift" that barely began despite "froth" forming in related stocks.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Most East Coast musicians lose money attending the annual ECMAs. Former ECMA CEO Blanche Israel has concerns over the amount of financial support available to artists, relative to other ECMA expenditures. She also has concerns over possible conflicts of interest. Jeff reads a statement from ECMA's board chair Michelle Eagles in response.

The financial challenges continue in July, but before we get into that I tell Craig about two stories from the road. One of them involves smelly onions. The other is about some spilt milk — buttermilk, to be exact. What To Expect From Episode 184 June was a pretty rough month and July was even worse. The summer months are always hard to get through. I still think the market is in the very early stage of a rebound. The biggest problems we had in July are really driven by internal factors, not external ones. Let's take a look at the numbers: Total miles ran– 107,335 Deadhead miles– 8,546 (8.0%) Total revenue- $235,064.03 All-in rate-per-mile- $2.19 Haulin Assets had a loss of $8,939.48. We just did not get enough miles, especially considering the bump in expenses we had in a few areas. Here are the P&L Items we are going to discuss in more detail. Revenue Damages Repairs and Maintenance Fuel

Markets have been very slowly climbing a wall of worry over the past few weeks. While August tends to be a weaker month for markets, such has not been the case thus far. However, negative divergences in relative strength, money flows, and momentum have belied an underlying weakness in the markets. The NASDAQ has been doing well with the drive to chase technology stocks, but that trend has weakened even more than the S&P 500, creating a divergence between the two indexes. A look at Bitcoin, which is a proxy for risk-taking, and for which there is a high correlation with the NASDAQ, also shows some weakening. Bitcoin has triggered a sell signal, and is starting to show a downtrend in relative strength. This doesn't mean markets are about to crash; this could be just a prelude as investors remove risk ahead of the Jackson Hole symposium later this week. IF Jerome Powell comes out more-dovish, we could see markets strengthen. Remember, this has been a market driven by the top ten stocks; performance has been concentrated in Tech and Financials. That kind of bifurcation in the markets is worth paying attention to. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton, Executive Producer ------- Watch the Video version of this report on our YouTube channel: https://www.youtube.com/watch?v=CWwtLllMsS8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "US Economic Growth Shows Cracks" https://realinvestmentadvice.com/resources/blog/us-economic-growth-shows-cracks/ "Meme Stock Trading & Livermore's Approach To Speculation" https://realinvestmentadvice.com/resources/blog/meme-stock-trading-livermores-approach-to-speculation/ ------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Register for our next Candid Coffee, "Savvy Social Security Planning," August 23, 2025: https://streamyard.com/watch/pbx9RwqV8cjF ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BitCoin #JacksonHole #FederalReserve #JeromePowell #MarketCorrection #MarketRisk #AIstory #MarketWeakness #AllTimeHighs #SectorRotation #NASDAQ #20DMA #50DMA #100DMA #200DMA #InvestingAdvice #Money #Investing

Join us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/membershipSupercharge your analysis with AI! Get 15% of your membership with our special link here: https://fiscal.ai/csi/In this episode of Chip Stock Investor, Kasey and Nick dive into the latest quarterly performance and future outlook for Applied Materials (AMAT), one of the world's leading wafer fab equipment (WFE) manufacturers. We break down the cyclical nature of the semiconductor industry, analyze the performance of AMAT's various business segments, and discuss the outsized impact of key customers like TSMC. We also explore what the recent decline in sales signifies for the company's trajectory and examine its overall financial health to uncover potential investment opportunities.Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-formThe Next 15 Years Of Logic Chip Technology -- How to Invest? https://youtu.be/webbcQm78G4********************************************************Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.#appliedmaterials #AMAT #waferfabequipment #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks Timestamps:(00:00) Overview of Applied Materials(01:36) Current Market Conditions and Growth Cycle(03:32) Quarterly Performance and Financials(05:17) Challenges and Market Dynamics(09:22) Future Outlook and Strategic InvestmentsNick and Kasey own shares of Applied Materials

David Wolfin, President and CEO, and Nathan Harte, CFO of Avino Silver and Gold Mines (TSX:ASM – NYSE:ASM), both join me for a video review of the key metrics and takeaways from the record Q2 2025 financials and operations.  Then we take a deeper dive into the future grade-driven growth from the development of the La Preciosa Mine, slated to have initial production begin ramping up in Q4 of this year.    Second Quarter 2025 Financial Highlights (compared to Q2 2024)   Robust Revenues: Avino realized revenues of $21.8 million, representing a 47% increase from $14.8 million, primarily as a result of increased metal prices and consistent production. Quarterly Profits: Net income after taxes was $2.9 million, or $0.02 per share, an increase from $1.2 million, or $0.01 per share. Operating Margins Remain Elevated: Gross profit, or mine operating income, was $10.2 million and represented an increase of 118% from $4.8 million. Strong EBITDA and Adjusted Earnings: The Company realized earnings before interest, taxes, depreciation and amortization, or EBITDA, of $7.4 million, up 118% from $3.4 million. Adjusted earnings3 was $8.8 million, or $0.06 per share, an increase of 103% from $4.3 million and $0.03 per share. Improved Costs per Ounce Metrics: Cash costs per silver equivalent payable ounce sold1,2,3 was $15.11, and all-in sustaining cash costs per silver equivalent payable ounce sold1,2,3 was $20.93, a reduction of 7% and 8%, respectively. Increased Working Capital from Cash Flow: The Company's balance sheet continued to strengthen with working capital1 increasing to $40.6 million, up $9.2 million, or 30% from $31.3 million at the end of Q1 2025, as a result of another quarter of cash generation. Index Inclusion in Q2 2025: Early July, Avino was included in the S&P/TSX Global Mining Index having been officially recognized as part of a global benchmark for the mining sector. In addition, as announced on May 1, 2025, Avino received inclusion into the Solactive Global Silver Miners Index, further solidifying Avino as an established silver producer with a growing production profile. Avino expects further index inclusion in the coming months, which should provide additional liquidity and opportunities for increasing institutional ownership.   2nd Quarter Operating Highlights (Compared to Q2 2024)   Silver Equivalent Production Increased 5%:Avino produced 645,602 silver equivalent ounces in Q2 2025, representing a 5% increase from Q2 of 2024. This increase was driven by significantly improved mill availability, with the highest quarterly mill throughput in history. Record Mill Throughput: In Q2 2025, Avino achieved 36% higher mill throughput versus Q2 2024, totalling a quarterly record of 190,987 tonnes of material. Gold Production Increased 17%: Q2 2025 production of 1,774 gold ounces represented a 17% increase compared to Q2 2024. This improved production resulted from the increased tonnes processed, alongside significant improvements in gold recoveries to 74% from 70% in Q2 of 2024. Copper Production Increased 12%: Avino produced 1.5 million pounds of copper in Q2 2025, a 12% increase compared to Q2 2024. Silver Production decreased 3%:Silver production for Q2 2025 was 283,619 ounces, representing a 3% decrease compared to Q2 2024.   La Preciosa Update   Blasting and construction of the relatively short 360 meter San Fernando main access decline is underway, and equipment mobilization has been swift, allowing development to advance on plan. The new jumbo drill is working on this ramp as it progresses toward intercepting the Gloria and Abundancia veins.   Wrapping up we cover the Company's 5-year production growth plan, to become a Mexican intermediate silver producer, with the development of both the La Preciosa Project in 2025 leading to meaningful production growth in 2026 and 2027, and then the Tailings Project augmenting production and costs starting in 2028.   If you have any follow up questions for David regarding Avino Silver and Gold then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Avino Silver & Gold at the time of this recording.   Click here to follow the latest news from Avino Silver and Gold Mines

 This is Matt Reustle. Today, we are breaking down the real estate broker Compass. Compass itself is a fascinating business and historically a controversial stock. It was founded in 2012 by Robert Reffkin and has scaled in that short period of time to become the largest real estate brokerage in the United States.  Geoff Collette, founder of Aeon Capital Partners, is back as a guest. After his Breakdown on Goosehead, we thought it was fitting to cover another flavor of broker. Geoff and I cover the history, some of Compass's early pivots, and the different critiques of the company. There is a ton of interesting stuff around Compass today. We could see a broker potentially emerge from being historically a commodity business to something more powerful. Please enjoy this Breakdown of Compass.  For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. —- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns (00:00:52) Today's Focus: Compass Real Estate Brokerage (00:02:46) Compass's Unique Value Proposition (00:07:10) Early Days and Evolution of Compass (00:10:01) Financial Hygiene and Market Adaptation (00:12:53) Current Market Position and Future Goals (00:17:44) Industry Dynamics and Major Players (00:25:43) Compass's Pre-Marketing Strategy (00:47:36) Financials and Operating Leverage (00:55:53) Risks and Future Outlook (00:59:55) Key Lessons From Breaking Down Compass

Discovery Silver shared their financial and operating results for the second quarter and the first six months of the year. Q2 2025 represents the first quarter Discovery has reported the results of gold production and sales following the Company's acquisition of the Porcupine Complex in and near Timmins, Ontario. Lithium Argentina and Ganfeng Lithium Group are establishing a new jon venture consolidating Ganfeng's solely owned Pozuelos-Pastos Grandes project with Lithium Argentina's Pastos Grandes project and the Sal de la Puna project. New drill results from Seabridge Gold and Fury Gold Mines. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠revival-dash-gold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠equinoxgold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

Edmund Keith, Simon Baker, and Harvey Hancock discuss the latest news and trends in the real estate marketplace and PropTech sector. They delve into Zillow's recent financial performance, including its revenue and ongoing legal challenges, as well as REA Group's financial year results and strategic investments in innovative companies like Jitty. The conversation also touches on the consolidation of real estate portals in Ireland, highlighting the implications for the market and competition.

In this episode of the Vookcast, Ollie, Michael, Angelo, and Luke are back after a lengthy break to discuss Nintendo finally making new announcements with Partner Showcase and Indie World presentations, new news about the upcoming live-action Zelda movie, more Nintendo Lego, and so much more.It's all capped off with a stunning round of Nintendo 20 Questions that is sure to be controversial.Relevant stories:Vouchers: https://www.vooks.net/nintendo-switch-game-voucher-program-to-end-in-january-2026/8BitDo: https://www.vooks.net/8bitdo-is-back-with-a-pro-3-controller-now-in-gamecube-purple/Zelda: https://www.vooks.net/link-and-zelda-have-been-cast-in-the-legend-of-zelda-movie/Lego: https://www.vooks.net/lego-game-boy-set-to-launch-on-october-1st-preorders-open-now/Partner Showcase: https://www.vooks.net/everything-in-the-nintendo-direct-partner-showcase-july-2025/Indie World: https://www.vooks.net/everything-in-the-indie-world-showcase-august-2025/Umbrella: https://www.vooks.net/pro-jank-footy-is-coming-to-the-switch-in-2026/Financials: https://www.vooks.net/switch-2-off-to-a-big-start-mario-kart-world-goes-with-it-nintendo-financials-q1-25-26/My Mario: https://www.vooks.net/nintendo-to-launch-my-mario-new-range-of-products-apps-shorts-for-young-kids/Send us a textSupport the showSocials Ollie: @chocobalt on Bluesky Luke: @renderman7 on Bluesky Angelo: @manjell0 on Bluesky Michael: @subelement on Bluesky Find Vooks on social media, support the show and buy merch. As always please leave us a review if you enjoy the show on your favourite place to get podcasts.

Pete is a commentator and MC who has commentated for several world cups and North American elite competitions. In this episode, we'll learn about the art of MCing, times he's gotten flamed online as a commentator, and we get a lot of insight into the financials of broadcast and climbing as a sport, including the best argument I've heard yet for why Eurosport is a good deal. It's clear to me in this episode that Pete is a huge proponent of growing the climbing community and his passion really shines through!Guest links:Pete's InstagramPete's websiteReference links:Thank you Mad Rock for sponsoring this episode! Use code 'notrealclimber' for 10% off your ENTIRE order, even if you're a returning customer! https://madrock.com/Learn more about the podcast at www.thatsnotrealclimbingpodcast.comFollow on Instagram at https://www.instagram.com/thatsnotrealclimbingpodcastJoin the FREE community in Discord! https://discord.gg/QTa668g8zpJoin Patreon for a welcome gift, deleted scenes, and question priority: www.patreon.com/thatsnotrealclimbingpodcastTimestamps of discussion topicsTimestamps of discussion topics0:00 - Intro1:30 - Mad Rock Shoutout!!2:13 - Climbing in 1 World Cup8:15 - Deciding not to be a dirtbag climber11:13 - The art of MCing15:13 - Is MCing or commentary more fun?18:58 - The price of broadcasting21:06 - Getting yelled at for commentary27:03 - SLC world cup v6 boulders37:41 - How to trick top climbers with holds39:43 - The value of non-IFSC comps46:26 - Cost of putting together Dockmasters51:41 - Punk Rock Masters' crazy $50k cash purse59:52 - Are climbers cheapskates?!1:11:37 - IG Q: Are dynamic moves a good way to make climbing more mainstream?1:16:26 - IG Q: What do you want to be remembered for?1:17:51 - IG Q: What's your current relationship with CEC?1:24:49 - IG Q: What's your golf handicap?1:29:01 - Climbers need to be promoting climbers!1:34:55 - Closing thoughts + where to find Pete

Join us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/membershipFortinet stock got clobbered following its Q2 2025 earnings update. What happened? Chip Stock Investor discusses Fortinet's investment into data centers, and how that warrants a re-rate of the valuation for now, and whether the company's prospects are still good in the important cybersecurity industry.Supercharge your analysis with AI! Get 15% of your membership with our special link here: https://fiscal.ai/csi/Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-form********************************************************Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. #fortinet #ftnt #cybersecurity #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks Timestamps:(00:00) Fortinet's Market Position and Recent Performance(04:43) Detailed Analysis of Fortinet's Financials(05:53) Fortinet's Strategic Investments in Data Centers(10:48) Future Outlook and Investment Strategy(14:33) Conclusion Nick and Kasey own shares of FTNT

AMD is on the rise, and their financials show it, plus they might have won The Game.  We discover that Windows 11 SE is still a thing, PCIe 8 has been ratified, and what's the best-worst GPU of 2025!  XeSS goes cross-platform-gpu and turns out that people CAN actually detect malware if properly motivated.  All this and more!Timestamps:00:00 Intro00:37 Patreon01:52 Food with Josh04:38 AMD financials09:43 AMD claims "world's fastest processors" as Intel struggles18:57 AMD may be planning X3D on both CCDs23:18 Windows 11 SE is going away26:13 Windows Vista stricken from latest Win11 build?27:48 Getting to the nub of ThinkPad design35:49 PCI-SIG announces PCI Express 8.038:29 AMD's AM6 socket rumored to bring DDR6 and PCIe 640:44 Best of the 8GB GPUs45:53 The RX 9060 non-XT48:10 Bracing for the possibility of 100% tariffs on chips49:50 (In)Security Corner1:04:55 Gaming Quick Hits1:18:11 Promoting Jeremy's HyperX Jet wireless headset review1:19:15 Picks of the Week1:34:57 Outro ★ Support this podcast on Patreon ★

This week on the show, Revill sits down with father and son duo Cameron and Kevin Connaughton, the founders of Rhodeway Financial. This amazing nonprofit provides free financial planning and literacy services to underserved communities right here in Rhode Island. We are joined by guest co-host Nikoli Blinow OMpowerment Psychotherapy for a powerful conversation about their work. Links & Resources: Work with Rhodeway Financial: Rhodeway.org | LinkedIn Work with Nikoli Blinow  Ompowermentpsych.com | LinkedIn Sponsors: Providence Children's Museum | Get Your Tickets To Play On! Oct 17th 2025 PVD FEST The People's Festival of Art, Music, and Culture September 5 & 6th Get Your Beach Pass | Riparks.ri.gov/beaches Stay Connected: @HeyRhody | @PVDMonthly | @So_RI | @thebay_mag Follow Revill: @letschatrevill Subscribe to our YouTube Channel: youtube.com/@heyrhody This episode was recorded at Conversations Studio. Book your session today. Interested in advertising with Hey Rhody? Email us at Mail@HeyRhody.com

Join us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/membershipSupercharge your analysis with AI! Get 15% of your membership with our special link here: https://fiscal.ai/csi/Investors are excited about the prospects for AI inference, and potential "next Nvidia" investments. Is AMD really going to be the biggest winner from this market? There are actually other candidates, like Astera Labs (ALAB) and Credo Technology (CRDO) that need to be considered. And of course, a big data center AI inference winner is none other than Arista Networks (ANET). Chip Stock Investors Nick and Kasey break it down in this important video update.Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-formPrevious Arista videos referenced:https://youtu.be/gyfRB8E0p6ohttps://youtu.be/OuMuLBVcb84Astera Labs Video:https://youtu.be/jZyHWqBXDo8********************************************************Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. #amd #alab #anet #gpus #aiinference #arista #asteralabs #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks Timestamps:(00:00) AMD's Recent Performance and Market Position(01:58) AMD's Financials and Future Prospects(07:17) Astera Labs: Networking Innovations(15:12) Credo: A Strategic Investment(17:12) Arista Networks: A Growth Story(26:36) Conclusion Nick and Kasey own shares of AMD, ANET

Jennifer Rovet is a Certified Professional Retirement Coach who works with individuals and couples alike, exploring values, priorities, and purposes to help design a rewarding retirement lifestyle. She's seen firsthand the struggles many retirees go through. Today Jennifer discusses: How there is so much more to retirement planning than money Redefining identity post-career How to make new friends outside the workplace Having some structure and purpose to our day When a couple retires at the same time Some of the possibilities for our demographic Throughout, Jennifer emphasizes the fact that we are all unique, that there is no single path to follow to or through retirement. Listen now and then share this episode! Find Jennifer at https://retirereadycanada.com/ Learn more about Jennifer and find all her links at The Boomer Woman's Podcast: Jennifer Rovet Want to be a guest on The Boomer Woman's Podcast? Send Agnes a message on PodMatch, here:  Agnes on PodMatch    

The Moneywise Radio Show and Podcast Thursday, July 31st  BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management

Hosts Edmund Keith, Harvey Hancock, and Simon Baker discuss the latest developments in the real estate marketplace and prop tech sectors. They delve into...- The ongoing CEO search at REA Group- Recent mergers and acquisitions- The legal battle between Zillow and Compass- The financial performance of major real estate portals.The conversation also touches on the impact of AI on the industry and the future of real estate portals.The excellent Inman article mentioned in the show can be found here: https://tinyurl.com/6yt3849pAnd our loyal listeners can get a discount on tickets for PPW here --> https://tinyurl.com/5n7kyfmc

AI adoption, dollar weakness and tax savings from the Big Beautiful Bill are some of the factors boosting our CIO and Chief U.S. Equity Strategist Mike Wilson's confidence in U.S. stocks.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I will discuss what's driving my optimism on stocks. It's Tuesday, July 29th at 11:30am in New York. So, let's get after it. Over the past few weeks, I have been leaning more toward our bull case of 7200 for the S&P 500 by the middle of next year. This view is largely based on a more resilient earnings and cash flow backdrop than anticipated. The drivers are numerous and include positive operating leverage, AI adoption, dollar weakness, cash tax savings from the Big Beautiful Bill, and easy growth comparisons and pent-up demand for many sectors in the market. While many are still focused on tariffs as a headwind to growth, our analysis shows that tariff cost exposures for S&P 500 industry groups is fairly contained given the countries in scope and the exemptions that are still in place from the USMCA. Meanwhile, deals are being signed with our largest trading partners like Japan and Europe that appear favorable to the U.S. Due to the lack of pricing power, the main area of risk in the stock market from tariffs is consumer goods; and that's why we remain underweight that sector. However, the main tariff takeaway for investors is that the rate of change on policy uncertainty peaked in early April. This is the primary reason why earnings guidance bottomed in April as evidenced by the significant inflection higher in earnings revisions breadth—the key fundamental factor that we have been focused on. Of course, the near-term set up is not without risks. These include still high long-term interest rates, tariff-related inflation and potential margin pressure. As a result, a correction is possible during the seasonally weak third quarter, but pull-backs should be shallow and bought. In addition to the growth tailwinds already cited, it's worth pointing out that many companies also face very easy growth comparisons. I've had a long standing out of consensus view that the U.S. has been experiencing a rolling recession for the last three years. This fits with the fact that much of the soft economic data that has been hovering in recession territory for much of that period as well—things like purchasing manager indices, consumer confidence, and the private labor market. It also aligns with my long-standing view that government spending has helped to keep the headline economic growth statistics strong, while much of the private sector and many consumers have been crowded out by that heavy spending which has also kept the Fed too tight. Meanwhile, private sector wage growth has been in a steady decline over the last several years, and payroll growth across Tech, Financials and Business Services has been negative – until recently. Conversely, Government and Education/Health Services payroll growth has been much stronger over this time horizon. This type of wage growth and sluggish payroll growth in the private sector is typical of an early cycle backdrop. It's a key reason why operating leverage inflects in early cycle environments, and margins expand. Our earnings model is picking up on this underappreciated dynamic, and AI adoption is likely to accelerate this phenomenon. In short, this is looking more and more like an early cycle set up where leaner cost structures drive positive operating leverage after an extended period of wage growth consolidation. Bottom line, the capitulatory price action and earnings estimate cuts we saw in April of this year around Liberation Day represented the end of a rolling recession that began in 2022. Markets bottom on bad news and we are transitioning from that rolling earnings recession backdrop to a rolling recovery environment. The combination of positive earnings and cash flow drivers with the easy growth comparisons fostered by the rolling EPS recession and the high probability of the Fed re-starting the cutting cycle by the first quarter of next year should facilitate this transition. The upward inflection we're seeing in earnings revisions breadth confirms this process is well underway and suggests returns for the average stock are likely to be strong over the next 12-months. In short, buy any dips that may occur in the seasonally weak quarter of the year. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

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   The reaction from the same media that promoted Trump/Russia collusion for years is now suddenly saying there's nothing to see there and we shouldn't even be talking about it.  Incredible... but predictable.    Missouri Senator Josh Hawley is escorted off stage after terrorist supporting pro-Palestine protesters interrupt his speech.  If these people aren't citizens, they should be sent to Alligator Alcatraz immediately.    Ravens coach John Harbaugh flat out shrinks a reporter giving him a hard time for visiting Trump at the White House.  The Royals take two of three from the Cubs as Salvy makes more history.  Now a huge series with Cleveland looms.      NFL financials are revealed by the Green Bay Packers and let's just say business is good.  And NASCAR makes a huge announcement about joining forces with the Navy.  

On this episode of Beyond Multifamily, Amanda Cruise interviews Tom Dunkel, managing principal at Eagle Capital Investments and longtime real estate investor. Tom shares how getting fired in 2006 launched his journey into real estate, including hard lessons learned in the residential space and eventual success with self-storage, distressed debt, and private lending. He explains why he transitioned into a fund-of-funds model, driven by lifestyle goals, and breaks down his SAFE investing method: Sponsor, Asset, Financials, and Exit. Tom also dives into why he prefers private lending in today's uncertain market and how passive investors can better vet fund managers. Tom Dunkel Current Role: Founder of Eagle Capital Investments and Managing Partner at Bellrose Asset Management Based in: Pennsylvania Say hi to them at: https://investwitheagle.com | https://www.linkedin.com/in/tomdunkel/ Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

June had some short-term challenges, but also some indicators that the future might be a little brighter. Before we dive into the numbers, I share an experience one of our drivers had that caused an unloading delay. It was a new one that had never happened to us before. We also talk a little about the challenges we faced over the 4th of July weekend. It was a pretty tough weekend. What To Expect From Episode 182 June was another pretty rough month for us. The good news is that is that the biggest contributing factor was not the market, but some short-term issues that we were able to work through. Let's take a look at the numbers: Total miles ran– 94,128 Deadhead miles– 7,658 (8.1%) Total revenue- $219,217.73 All-in rate-per-mile- $2.33 Haulin Assets had a profit of $152.17. Our saving grace this month was a better rate per mile than we have seen in a long time. Even though it was profitable, it was a negative cashflow month so we need to keep fighting to see a significant improvement to that number. Here are the Profit & Loss items we discuss in more detail: Revenue Fuel Repairs and maintenance

Michael Reinking, Senior Market Strategist for the NYSE, details the latest trends and developments in global markets. In this week's episode, he discusses the headlines coming out of Washington D.C. and the early start to earnings season.

Forecasting what a business will earn and spend, allocating resources among teams clamoring for more, and practicing professional skepticism without killing the vibe with Steve Love, a chief financial officer. What does it feel like to confess to a board of directors that you've made a potentially catastrophic error? And what happens when business leaders accidentally release non-public information?IF YOU LIKE THIS EPISODE: Check out what it's like to be a turnaround consultant,  a forensic accountant, or a life insurance salesman.GOT A COMMENT OR SUGGESTION? Email us at jobs@whatitslike.com FOR SPONSORSHIP OPPORTUNITIES: Email us at partnerships@whatitslike.com WANT TO BE ON THE SHOW? Leave us a voicemail at (919) 213-0456. We'll ask you to answer two questions: 1. What's a word or phrase that only someone from your profession would be likely to know and what does it mean? 2. What's a specific story you tell your friends that happened on the job? It could be funny, sad, anxiety-making, pride-inducing or otherwise. We can't respond to every message, but we do listen to all of them! We'll follow up if it's a good fit.

Stocks hold steady as tariff uncertainty continues. Our CIO and Chief U.S. Equity Strategist Mike Wilson explains how policy deferrals, earnings resilience and forward guidance are driving the market.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing why stocks remain so resilient. It's Monday, July 14th at 11:30am in New York. So, let's get after it. Why has the equity market been resilient in the face of new tariff announcements? Well first, the import cost exposure for S&P 500 industries is more limited given the deferrals and exemptions still in place like the USMCA compliant imports from Mexico. Second, the higher tariff rates recently announced on several trading partners are generally not perceived to be the final rates as negotiations progress. I continue to believe these tariffs will ultimately end up looking like a 10 percent consumption tax on imports that generate significant revenue for the Treasury. And finally, many companies pre-stocked inventory before the tariffs were levied and so the higher priced goods have not yet flowed through the cost of goods sold. Furthermore, with the market's tariffs concerns having peaked in early April, the market is looking forward and focused on the data it can measure. On that score, the dramatic v-shaped rebound in earnings revisions breadth for the S&P 500 has been a fundamental tailwind that justifies the equity rally since April in the face of continued trade and macro uncertainty. This gauge is one of our favorites for predicting equity prices and it troughed at -25 percent in mid-April. It's now at +3 percent. The sectors with the most positive earnings revisions breadth relative to the S&P 500 are Financials, Industrials and Software — three sectors we continue to recommend due to this dynamic. The other more recent development helping to support equities is the passage of the One Big Beautiful Bill. While this Bill does not provide incremental fiscal spending to support the economy or lower the statutory tax rate, it does lower the cash earnings tax rates for companies that spend heavily on both R&D and Capital Goods.Our Global Tax Team believes we could see cash tax rates fall from 20 percent today back toward the 13 percent level that existed before some of these benefits from the Tax Cuts and Jobs Act that expired in 2022. This benefit is also likely to jump start what has been an anemic capital spending cycle for corporate America, which could drive both higher GDP and revenue growth for the companies that provide the type of equipment that falls under this category of spending. Meanwhile, the Foreign-Derived Intangible Income is a tax incentive that benefits U.S. companies earning income from foreign markets. It was designed to encourage companies to keep their intellectual property in the U.S. rather than moving it to countries with lower tax rates. This deduction was scheduled to decrease in 2026, which would have raised the effective tax rate by approximately 3 percent. That risk has been eliminated in the Big Beautiful Bill. Finally, the Digital Service Tax imposed on online companies that operate overseas may be reduced. Late last month, Canada announced that it would rescind its Digital Service Tax on the U.S. in anticipation of a mutually beneficial comprehensive trade arrangement with the U.S. This would be a major windfall for online companies and some see the potential for more countries, particularly in Europe, to follow Canada's lead as trade negotiations with the U.S. continue. Bottom line, while uncertainty around tariffs remains high, there are many other positive drivers for earnings growth over the next year that could more than offset any headwinds from these policies. This suggests the recent rally in stocks is justified and that investors may not be as complacent as some are fearing. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!