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Skift IDEA Awards 2025: Meet the Winners

Skift IDEA Awards 2025: Meet the Winners

Skift4 hours ago
After an unprecedented 420 entries – and 247 finalists advancing to the final round – the 2025 Skift IDEA Award winners have been revealed.
Celebrating bold, mission-driven achievements, Skift IDEA Awards spotlight the brands, agencies, and innovators shaping the next chapter of travel across seven distinct categories:
Industry Innovators: Forward-thinking projects that drive a sector forward and make an impact with consumers.
Forward-thinking projects that drive a sector forward and make an impact with consumers. Change Makers: Organizations elevating the Travel Industry's role as a force for good by affecting meaningful change.
Organizations elevating the Travel Industry's role as a force for good by affecting meaningful change. Creative Thinkers: Marketing, strategy and technology that inspires and pushes the industry forward.
Marketing, strategy and technology that inspires and pushes the industry forward. Problem Solvers: Service providers who offer solutions, address business challenges, or use technology to guide the industry.
Service providers who offer solutions, address business challenges, or use technology to guide the industry. Travel Technology: Technology providers offering innovative technological solutions that are guiding the industry forward.
Technology providers offering innovative technological solutions that are guiding the industry forward. Short-Term Rentals: Recognizing the individuals and organizations that are shaping the future of the short-term rental industry.
Recognizing the individuals and organizations that are shaping the future of the short-term rental industry. Meetings & Events: Presented by Skift Meetings. Celebrating the business events industry's most respected and innovative suppliers.
Following a review by an independent panel of expert judges, selected for their leadership and perspective across key sectors of the industry, the 2025 winners have now been chosen.
Explore the full list of 2025 Skift IDEA Awards winners below:
INDUSTRY INNOVATORS
Category: Activities & Attractions
Intrepid Tours India Private Limited | Holy City Rickshaw: Driven By Women, Powered by Intrepid
The Holy City Rickshaw is a unique innovative initiative by The Intrepid Foundation (TIF), Intrepid's non-profit in partnership with ACCESS Development and aims to provide long-term aspirational employment opportunities to 50 women from low-income households in Varanasi. Skilled in plying custom-designed e-rickshaws, these women proudly own and manage a social enterprise.
Holy City Rickshaw follows a triple-bottom-line approach- social empowerment of women, providing dignified economic opportunities, and contributing to reducing vehicular pollution in Varanasi. The Holy City Rickshaw Project, supported by Intrepid, is more than a sustainable transport – it's a movement empowering women, preserving heritage, and strengthening communities. By providing electric rickshaws to women from low-income backgrounds, the initiative offers skills, stable employment, and confidence.
These women become storytellers and changemakers, driving their communities toward a greener, more inclusive future. Each curated journey connects travelers with local artisans, businesses, and cultural hubs, ensuring traditional crafts thrive while supporting livelihoods passed down through generations. Project Website
INDUSTRY INNOVATORS
Category: Airlines & Airports
AirportLabs Limited | Airport Community App: Elevating Airport Operations Through Efficiency, Community and Wellbeing
The Airport Community App is a purpose-built, cloud-based workforce communication and collaboration mobile platform designed to optimise both operational performance and employee wellbeing in airport environments.
In an industry where every second matters and human decisions keep operations safe and efficient, this mobile-first solution centralises task management, communication, incident reporting, and live operational insights, placing the tools that matter directly in the hands of every airport professional.
Addressing one of aviation's most pressing challenges – fragmented communication and disconnected teams – the Airport Community App unifies workflows across all operational areas, from airside to landside, empowering teams to act faster, collaborate seamlessly, and maintain resilience in the face of disruption. Real-time notifications, live flight dashboards, and incident management tools help teams stay ahead of daily demands while improving their ability to manage unexpected events.
Trusted by over 60 international airports and more than 400,000 active users worldwide, the platform not only drives workforce efficiency and productivity but enhances staff wellbeing, boosting confidence and making operational roles more manageable and connected. Now in its 10th year, the Airport Community App continues to transform how airport teams work, communicate, and support one another in an increasingly dynamic industry. Project Website
INDUSTRY INNOVATORS
Category: Business Travel
Global Rescue | GRID: The Global Rescue Intelligence Delivery System for Business Travelers
Developed by Global Rescue, the world's leading provider of medical, security, evacuation and travel risk management services, GRID is a groundbreaking system that protects business travelers on the move.
The Global Rescue mission is to minimize business traveler risk and GRID is the latest release of the Global Rescue Medical and Security Mobile App, a service product specifically designed to improve business traveler safety. GRID distributes timely, targeted notifications to individuals who may be affected by emerging or active crises, including: Civil unrest, disease-related developments, natural disasters like floods, hurricanes, earthquakes and volcanic activity, transportation disruptions, communications blackouts and security-related incidents.
GRID is more than just a notification tool. It's the world's only integrated mobile app for medical and security risk intelligence, asset tracking, and crisis response. In 2024 alone, GRID delivered more than half a million targeted alerts related to nearly 10,000 global events, helping users stay safe and informed. GRID, Global Rescue Intelligence Delivery system, is the world's only integrated app for medical and security intelligence, tracking and crisis response. The GIRD system is transforming how businesses respond to emergencies threatening their traveling employees.
Project Website
INDUSTRY INNOVATORS
Category: Hospitality
Mandarin Oriental Hotel Group | The Guest Experience Programme
The Guest Experience Programme (GXP) is Mandarin Oriental's bold, brand-defining initiative to reimagine luxury hospitality for the digital age, without losing the warmth, care, and personal service the brand is known for. More than two years in development, GXP forms the core of the company's guest-centric strategy to turn customers into lifelong fans.
GXP connects the entire guest journey, from online discovery to offline experience, while simplifying colleague operations and unlocking new revenue opportunities. Built around the vision to Recognise, Understand, and Engage, the programme delivers enhancements in digital experience, loyalty, CRM, operations, and data. At the heart of the guest-facing experience is the reimagined Fans of M.O. recognition programme, fully integrated with a custom-built App that supports real-time, personalised engagement. For colleagues, a mirror App provides live guest insights to enable effortless, high-touch service.
Behind the scenes, a cloud-based customer data platform unifies previously siloed systems to power seamless, insight-driven hospitality. Launched in phases throughout 2025, GXP brings together eight in-house product teams and six tech partners under one strategic blueprint. Early results show strong progress against its three goals: lifting guest satisfaction, growing direct revenue, and simplifying operations across the brand's global portfolio. Project Website
Highly Commended | CityHub Reykjavik: Redefining the city stay for a new generation
INDUSTRY INNOVATORS
Category: Tour Operators
Butterfield & Robinson | Around The World in 60 Days
To celebrate six decades of transformative travel, Butterfield & Robinson launched Around the World in 60 Days, a multi-leg journey spanning six culturally rich regions: Mexico, Vietnam, Rajasthan, Morocco, Türkiye, and France's Burgundy.
Designed to be experienced individually or as a continuous 60-day adventure, the collection reflects B&R's core values: deep local immersion, authentic connection, and creative logistics. Each leg is rooted in local expertise and meaningful engagement, whether sharing a home-cooked meal in Oaxaca, staying in a 300-year-old palace in India, or gaining behind-the-scenes access into B&R's own story in Burgundy. Sustainability is embedded throughout every journey, from partnerships with conservation-focused lodges to visits with communities supported by B&R's Slow Fund.
A seamless itinerary across five continents was made possible through a curated flow of accommodations to ensure a continuity of experience, comfort and care. The result is a purposeful, low-impact travel experience that redefines what's possible in multi-day journeys. More than a celebration, Around the World in 60 Days is a forward-looking blueprint, designed to resonate with today's conscious traveller and set a new standard for responsible, immersive, and human-centred travel experiences. Project Website
INDUSTRY INNOVATORS
Category: Tourism
GOTOKU LLC | Kagoshima Unearthed: Unfiltered Local Life and Cuisine Shaped by Volcanoes and Ocean Currents
'Kagoshima Unearthed' is a three-night, four-day gastronomy tour product that immerses travellers in Kagoshima's unfiltered local life and cuisine shaped by volcanic landscapes and the Kuroshio Current, which flows up the eastern coast of Japan. The tour's core concept is to explore how active volcanoes and sea currents have forged Kagoshima's food, culture, and communities, creating a 'diamond in the rough' culinary destination, off Japan's typical tourist path.
Key features of the experience include meeting master artisans and food producers – from katsuobushi (bonito flake) craftsmen and traditional sea-salt makers to shochu distillers and organic farmers – and participating in hands-on activities like foraging, farm visits, and volcano-side cycling. Throughout the journey, authentic human connection is paramount. Travellers share meals and stories with fishermen, farmers, and chefs, gaining intimate insight into daily life in this volcanic region.
The project's objective was not only to create a compelling luxury tour but to package Kagoshima's untapped gastronomic and cultural riches into a market-ready product for global luxury travellers. In doing so, 'Kagoshima Unearthed' aims to raise Kagoshima's profile as a must-visit culinary destination while maintaining a down-to-earth, community-centric feel. Project Website
INDUSTRY INNOVATORS
Category: Visionary 2030
Boundless Life | Redefining Family Travel
Boundless Life is the first integrated program designed to support families who want to embrace a location-independent lifestyle while maintaining structure, continuity, and growth across education, work and daily living. The program blends fully furnished homes, co-working spaces, and progressive education centers with curated cultural experiences – providing a turnkey solution for families with children aged 1.5 to 14.
With programs ranging from three-week stays to nine-month immersive journeys, Boundless Life caters to a wide spectrum of needs – from sabbaticals and culturally rich vacations to full lifestyle transitions. In each destination, children learn through a Montessori-inspired curriculum enriched by local culture and exploration, while parents work in professional co-working hubs, engage in community events, and invest in personal wellness and development.
The company continues to expand with intentionality – launching its newest location in La Barra, Uruguay, in April 2025 and with plans to debut in Japan in 2026. The team prioritizes destinations that are safe, inspiring and rich in cultural relevance. With more than 1,000 families having participated and over 40 percent returning for additional cohorts, Boundless Life is proving that the future of family life isn't fixed to one location – but rooted in freedom, connection and global exploration. Project Website
CHANGE MAKERS
Category: Leadership
Shannon Guihan | Chief Sustainability Officer and Head of TreadRight Foundation, The Travel Corporation
Shannon Guihan is the Chief Sustainability Officer and Head of the TreadRight Foundation at The Travel Corporation (TTC), a global portfolio of 18 exceptional, award-winning travel brands. In this role, Shannon leads the development and implementation of the group's sustainability strategy and its annual impact reporting, including the group's ambition of reaching net zero by 2050.
Sharon oversees the TreadRight Foundation, TTC's not-for-profit, dedicated to supporting projects focused on three pillars: Planet, People, and Wildlife. In 2022, under Shannon's leadership, The Travel Corporation became the first global tour operator with near-term, long-term, and net zero targets validated by the Science Based Targets initiative, and to support its journey to net zero, TreadRight shifted its focus to supporting nature-based solutions and conservation efforts that protect biodiversity and restore the planet.
Shannon has over 20 years of international experience in various aspects of tourism development and delivery. She has worked with both global and specialist tour operators, as well as destinations, serving as a tourism development strategist. Project Website
CHANGE MAKERS
Category: People & Community
Destination Toronto | Relax, Recharge, Renew Program
The Relax, Recharge, Renew (RRR) program is Destination Toronto's signature social responsibility initiative, offering much-needed respite to local parents and primary caregivers of children with complex special needs.
Since its inception in 2008, RRR has supported caregivers – whose emotional, physical, and financial well-being is often overlooked – by providing them with a restorative weekend experience in their own city. Caregivers are gifted a thoughtfully curated package that allows them to pause their caregiving responsibilities and prioritize their own renewal. Meanwhile, the child is cared for at one of Destination Toronto's partnering respite centres.
Each RRR experience includes limousine transportation, a two-night stay at a participating hotel, meals at local restaurants, and access to top attractions such as museums, galleries, and performances. These experiences are made possible through generous contributions from Toronto's tourism community, including hotels, restaurants, cultural institutions, and service providers.
The program reflects Destination Toronto's broader commitment to inclusive, community-focused tourism and demonstrates how the visitor economy can contribute meaningfully to local well-being. By spotlighting the essential but often invisible work of caregiving, RRR not only provides relief but also affirms the value of these individuals and the importance of rest in sustaining their roles. Project Website
CHANGE MAKERS
Category: Sustainability
Urban Villages | Populus: The Country's First Carbon-Positive Hotel
Populus Denver, which opened in October 2024, is a 13-story, 130,000 square foot urban hotel that blends nature-inspired design with environmentally conscious hospitality to put the health of the planet first. Intentionally designed to reconnect guests to nature, it features 265 modern guest rooms, a ground floor restaurant, flexible event spaces, coffee bar, a signature rooftop bar and restaurant and an iconic Aspen tree-inspired design by AD100 architecture firm, Studio Gang.
Each detail within Populus Denver, from its construction to its interior design, is intentionally designed with sustainability at the forefront to leave the planet in a better place. The project was concepted and developed by Urban Villages, a leading real estate developer and environmental steward who understood that consumers are seeking more sustainable hotel options.
Urban Villages has responded to this need with the construction and opening of Populus Denver – the country's first carbon positive hotel – which is offsetting both its embodied and operational carbon footprint through reforestation and local silviculture efforts, using 100% renewable electricity, the purchase of certified nature-based carbon credits, and turning all food waste into compost, amongst other initiatives. Project Website
CHANGE MAKERS
Category: Rising Star
Justine Palefsky and Tasneem Amina | Co-Founders, Kindred
Justine Palefsky and Tasneem Amina are the co-founders of Kindred, the global homeswapping community redefining what modern travel looks like. Before they built the fastest-growing home exchange platform in the U.S., they were two former colleagues at Opendoor, each dreaming of building something more meaningful. During the pandemic, they reconnected with a shared vision: what if travel could feel more human again? They retreated to a cabin in Calistoga, California with a whiteboard and that single question that would shape Kindred's future.
Their lived experiences shaped the product: Justine was raised in a San Francisco home that always welcomed guests. Tasneem grew up in a large, multi-generational family in India, where home was a feeling, not a fixed location. These early influences laid the foundation for Kindred's people-first design.
Together, they have built a global movement, with 100,000+ members across 150+ cities, with 8x year-over-year revenue growth ('23-'24), 50% QoQ revenue growth (Q1 '24-'25) and reaching 150,000+ total nights booked in 2025 – clear proof of demand for a model built on trust, reciprocity, and shared values.As emerging leaders, they've not only launched a new category – they've inspired a new, more intentional way to experience the world. Project Website
CHANGE MAKERS
Category: DEI Champion
Booking.com | We Filter Places, Not People
Booking.com's Travel Proud programme is a global initiative designed to make travel more inclusive and welcoming for LGBTQ+ travelers. Based on commissioned research, which found that more than half of LGBTQ+ people have experienced discrimination while traveling, Booking.com launched Travel Proud to address these challenges and foster a more positive travel experience for everyone, regardless of identity or who they love The programme offers free, expert-led training for accommodation providers.
Developed in partnership with inclusive travel consultancy HospitableMe, this comprehensive, 75-minute free training provides insights into the specific needs and challenges faced by LGBTQ+ travelers and equips property staff with practical guidance on delivering inclusive hospitality. Upon completion, their listings feature a Travel Proud badge on the Booking.com website, signaling to guests a commitment to safety, respect, and inclusivity. Ultimately, Travel Proud aims to help every traveler feel comfortable being themselves, no matter where they go.
Project Website
CREATIVE THINKERS
Category: Content
Department of Culture & Tourism – Abu Dhabi | Saadiyat Cultural District : Neural Murals – A Disruptive Fusion of Art + Neuroscience
Museums have long been seen as keepers of history. But in the digital age, the challenge is how they stay part of the present. Neural Murals tackled this issue by turning the artist's mind into engaging content. The output was real-time, evolving, and impossible to ignore.
Using EEG technology, the campaign visualized the brainwaves of 75 global creatives, translating them into generative digital murals. From Paris to London to Abu Dhabi, the campaign wasn't just exhibited, it was talked about, across social media, news outlets, and cultural forums. It made museums feel alive again, proving that cultural spaces aren't just about looking back, they can be about creating the future.
Neural Murals redefined preservation, not as a passive act, but as a dynamic process where culture is not only safeguarded but actively shaped by those who engage with it. It did not just showcase art, it made audiences part of its creation, giving cultural institutions a blueprint for immersive storytelling in the digital age. It was a seismic shift in how audiences experience the creative journey. By focusing on the artistic journey rather than just the final product, Neural Murals set a new precedent for museum engagement worldwide.
Project Website
CREATIVE THINKERS
Category: Marketing
Travel Alberta x C&B Advertising | Alberta's Least Liked
Like many DMOs, sustainable tourism is a key focus for Travel Alberta. Driven in part by social media posts and algorithms that focus on the same small group of places, overtourism at iconic attractions and locations in Alberta was becoming an issue – taxing the land, overwhelming communities, stressing amenities and infrastructure, and leaving visitors with disappointing experiences.
Alberta needed to find ways to move visitors across the province, promote less-famous attractions and showcase the many wonderful places that may be 'under the radar' but always over-deliver. As part of their sustainable tourism strategy, Travel Alberta designated regions across the province that would receive resources for the development and funding for promotion.
Alberta's Least Liked was a marketing concept aimed at shining a light on these underdeveloped regions and attractions, playfully using the same social media tools that are so responsible for fuelling overtourism the world over. The goals of the project were to introduce new Alberta attractions to travellers, generate buzz on social media and ultimately drive interest and visitation to these locations – moving travellers away from overcrowded attractions. Project Website
CREATIVE THINKERS
Category: Physical Experiences
Rajasthan Studio | Curated Experiences for Every Traveler
The core concept of Rajasthan Studio centers on offering personalized art workshops where travelers engage directly with master artisans, learning traditional crafts and making their own souvenirs. This hands-on approach immerses travelers in the region's rich artistic heritage, fostering deep cultural connections.
All the experiences are curated at the artist's home or studio space which makes it even more special as the travellers can experience the beauty of the traditional homes of Rajasthan. The company's key objectives are: 1) Bridging Artisans and Travelers: Connecting visitors with expert local artisans to preserve and promote Rajasthan's artistic traditions. 2) Unique Experiences: Curating offbeat, immersive travel opportunities tailored for creative travelers and art enthusiasts, beyond typical tourism. 3) Personalization and Exclusivity: Providing high-quality, tailored workshops with award-winning artisans for authentic, memorable experiences. 4) Cultural Preservation: Supporting the sustainability of traditional crafts, benefiting local artisans and their communities.
Rajasthan Studio delivers a distinctive, curated experience focused on cultural immersion and hands-on learning, appealing to niche travelers seeking authentic, high-quality cultural encounters. Project Website
CREATIVE THINKERS
Category: Creative Design
Tennessee Tourism | Sound Sites: Where Accessibility Meets Artistry in Tourism
Sound Sites is a groundbreaking initiative by VML and the Tennessee Department of Tourist Development that redefines image alt-text descriptions by replacing generic text with poetic song lyrics crafted by award-winning Tennessee songwriters. This innovative approach transforms accessibility in tourism, enabling blind and visually impaired travelers to experience the emotional essence of Tennessee's landscapes and culture through evocative storytelling.
Traditional alt-text like 'image of a mountain' fails to capture the beauty and spirit of destinations, excluding millions of visually impaired individuals from meaningful travel experiences. By integrating Tennessee's rich musical heritage into functional accessibility tools, Sound Sites bridges this gap, creating an inclusive travel experience that resonates emotionally with all users.
Through collaboration with celebrated songwriters like Dolly Parton and Kix Brooks, over 500 lyrical descriptions have been created for TNVacation.com, with plans to expand further. Blending artistry with functionality, Sound Sites sets a new standard for accessibility in tourism, proving that creativity and collaboration can drive profound change while fostering a more inclusive internet for future generations.
Project Website
PROBLEM SOLVERS
Category: Business Outcomes
CarTrawler | Connect Platform: Powering Unparalleled Performance for the Biggest Brands in Travel
CarTrawler powers car rental and mobility for the world's leading travel brands through proprietary, market-leading technology; the Connect Platform. A B2B solution, the Connect Platform delivers superior performance, partner revenue growth, and an exceptional end-to-end customer experience.
The Connect Platform is made up of four key components:
Connect Content: The world's largest global supply network – 2,200+ suppliers across 50,000+ locations in 150+ countries – covering car rental, mobility, and car rental insurance.
Connect Technology: Partner-branded solutions, including booking engine, cross-sell, CRM, and customer portal, designed for seamless integration, scale, and performance from day one.
Connect Enhance: Combining market-leading revenue management and data science expertise, unique cross-functional Trading Squads, and world-class loyalty capabilities, that deliver exceptional commercial outcomes for our partners.
Connect Experience: Delivers award-winning, AI-enabled customer service, market-leading payment choice, and customer advocacy that drives loyalty and repeat business. With low-effort integration and a relentless focus on results, CarTrawler does the heavy lifting so partners can stay focussed on their core business. Project Website
PROBLEM SOLVERS
Category: Communications
Abode Worldwide | From Visibility to Value: PR That Grows B2B Hospitality and Property Tech Brands
Abode exists to solve a core challenge: hospitality tech brands often struggle to cut through the noise in a crowded, jargon-heavy B2B space. Abode closes this gap with strategic communications that build a positive reputation, driving long-term commercial success.
From early-stage startups to global category leaders, Abode help clients gain credibility and influence. Whether it's raising investment, expanding to new markets, or growing their share of voice, Abode design each public-facing engagement to build long-term standing, not just short-term buzz.
The mission is to turn complexity into clarity, by crafting sharp narratives, establishing topical authority, positioning leaders on credible stages, and generating media momentum – ensuring clients remain constantly visible. Their work blends strategic PR campaigns, data-led storytelling, customer success stories, and thought leadership that are amplified across multiple channels.
Abode clients have earned visibility in prestigious industry publications like Skift, as well as top-tier international outlets including The New York Times, Forbes, Bloomberg, The Boston Globe, EuroNews and The Guardian. Using their proven 360° methodology across earned, owned, paid and social media, Abode co-create a holistic PR program with our clients that covers a messaging architecture, stakeholder outreach strategy and content development aligned to key industry events. Project Website
PROBLEM SOLVERS
Category: Data Provider
IDeaS Revenue Solutions | IDeaS Spotlight: Transforming Hotel Marketing with Valuable, New Demand Insights
Recognizing the need for a more integrated, data-driven commercial organization, IDeaS leveraged its unique position as the source of truth for future demand and advanced analytics to develop a solution that aligns marketing efforts with revenue goals to deliver the highest performance returns. Project Website
TRAVEL TECHNOLOGY
Category: Operational Streamlining
Mews | Revolutionizing Revenue At Every Touchpoint
Mews is a fully cloud-native hotel Property Management System (PMS) used by over 12,500 properties across 85 countries. It unites front desk, housekeeping, payments, revenue management and guest engagement in one powerful platform fueled by automation.
Instead of simply focusing on filling rooms, Mews believe the role of a modern PMS should go further. In an industry with 73.8% staff turnover rate*, today's hoteliers are facing more pressure than ever before. They're busy balancing staff shortages, ever-increasing guest expectations and even higher profitability targets. Luckily for Mews hoteliers, they know more revenue doesn't always come from more heads in beds.
Mews help hoteliers diversify their revenue streams through hourly and daily space bookings, events, tailored upsells, AI-driven guest insights and embedded payments that reduce friction and improve conversions. By helping hotels move beyond a room-only mindset, Mews is driving a shift toward smarter, more profitable revenue strategies.
*Source: 2023 Deloitte Quantified Organization research Project Website
TRAVEL TECHNOLOGY
Category: Traveler Journey
Banff & Lake Louise Tourism | Banff & Lake Louise Tourism's Trip Builder – Helping Visitors Plan for Joy, Not Disappointment
'You must plan your trip to Banff in advance… Banff is unfortunately not a place you can show up and 'wing it.''
The Holistic Backpacker BLLT's Trip Builder is a free, personalized digital planning tool, available on the organization's website, fully accessible on desktop and mobile. Created ground-up to improve visitor experience during the summer peak – and to inspire visitation year-round – it helps travelers plan ahead with confidence.
Informed by local experts, it has become a valuable tool for the complex, high-demand destination, connecting visitors to local businesses and promoting sustainable tourism practices. Since launching in 2021, it has helped users build more than 190,000 custom itineraries. Users can explore pre-built Trip Ideas – such as car-free adventures or family-friendly getaways – or build their itinerary from scratch.
Trips can be tailored by date, budget, season, interests, or activity type, from guided tours and hikes to events, restaurants, and accommodations. Experiences can be added to a day-by-day plan, viewed on an interactive map, and saved or shared via a private link. Trip Builder seamlessly integrates with the rest of the BLLT site and is actively used by Visitor Centre staff to co-create plans in person – from early dreaming to in-destination discovery. Project Website
TRAVEL TECHNOLOGY
Category: Best Use of AI
Matador Network | GuideGeek: Custom AI for Travel Brands
After launching custom AI tools with more than 45 travel brands, GuideGeek has progressed beyond simply being a chatbot provider to enabling travel brands to harness the power of AI to supercharge top-priority campaigns and business objectives.
Every custom AI tool GuideGeek builds for its travel brand partners, draw on the destination's wealth of data, as well as GuideGeek's 1,000-plus sources of travel information. Users are instantly able to plan full custom itineraries, or get quick answers to any travel or tourism question.
Often integrated with the destination's social media accounts, GuideGeek gives destinations a direct connection with visitors in real time 24/7 – including during their stay. In addition, GuideGeek provides valuable data insights for destinations and travel brands about key topics of interest, concerns and who is visiting their destination and why. Project Website
MEETINGS & EVENTS
Category: Hotels
Sheraton Waikiki Beach Resort
Sheraton Waikiki Beach Resort is Hawai'i's largest single-structure hotel and is a leading convention facility in the heart of Waikiki. In 2021, Sheraton Waikiki completed a $200 million renovation of its 1,636 rooms and suites. The transformation included aesthetic and functional upgrades to guest rooms, suites, and public areas, with reconfigured amenities for improved organization and comfort.
As a premier convention facility, Sheraton Waikiki features 16 contemporary meeting rooms with 41,000 square feet of meeting and function space, including Waikiki's largest indoor ballroom with 26,000 square feet of unobstructed space. The outside perimeter of the convention floor has 11 conference rooms, most with ocean views, featuring state-of-the art audiovisual technology. There is also an on-site business center to help with the needs of groups of all sizes.
Whether it's a corporate summit, incentive retreat, product launch or hybrid gathering, the resort is equipped to pivot with ease. Each space is modular and outfitted with state-of-the-art audiovisual systems, allowing for seamless transitions between presentations, workshops, and receptions. The hotel's expert event services team works closely with planners to customize floor plans, seating arrangements, and tech integrations for each group's unique goals. From multi-language interpretation booths to high-speed connectivity for livestreaming, the resort's capabilities are as robust as they are reliable. Project Website
MEETINGS & EVENTS
Category: Destination Marketing Organizations
Destination Canada
Destination Canada's International Convention Attraction Fund (ICAF) empowers Canadian Destination Marketing Organizations (DMOs) to strengthen the sustainability and resilience of the country's business events industry. By providing up to $1 million per event in financial support for major international conference bids, the ICAF enables DMOs to attract high-value business travellers while prioritizing sustainable event practices and long-term community benefits.
From the time the program was launched in March 2024 until May 31, 2025, the ICAF has helped secure 45 confirmed major international conferences in cities across Canada, which could draw over 143,600 delegates and over $348 million in direct economic impact. The fund not only supports immediate economic gains but also encourages DMOs to incorporate sustainability measures – such as responsible venue selection, reduced environmental footprints, and inclusive community engagement – into their event planning and execution.
With robust interest from DMOs nationwide and a growing pipeline of sustainable event bids, the ICAF is driving a more resilient business events sector that balances economic growth, environmental stewardship, and social responsibility. This holistic approach ensures that the business events industry in Canada is better positioned to thrive in a changing global landscape, making a lasting positive impact on both host communities and the environment. Project Website
MEETINGS & EVENTS
Category: Convention Centers & Other Venues
The Miami Beach Convention Center (MBCC)
The Miami Beach Convention Center (MBCC) is a premier meetings and events destination that combines state-of-the-art infrastructure with a commitment to sustainability, innovation, and inclusivity.
Following a transformative $640 million renovation completed in 2020, the MBCC now features over 500,000 square feet of exhibit space, a 60,000-sq.-ft. Grand Ballroom, 84 breakout rooms, and a variety of flexible, tech-enabled spaces designed for events of all sizes.
Located in the heart of Miami Beach, the MBCC enhances the attendee experience with on-site culinary venues like Rum Room and Venu, while seamlessly integrating indoor and outdoor event environments.
The MBCC's core objective is to provide a dynamic, accessible, and future-ready venue that supports economic development, fosters community engagement, and attracts world-class events to Miami Beach. Project Website
MEETINGS & EVENTS
Category: Event Technology
Snapsight | World's First AI-based Real Time Event Content Summarisation
Snapsight is an award-winning advanced AI-powered event content intelligence platform that revolutionizes how audiences engage with live and recorded sessions through real-time content processing and intelligent post-event analysis. Snapsight continues to set industry standards by building on its proven foundation of Key Takeaways and Idea Cloud features, now delivering live transcription and translation across 86 languages, Custom Vocabulary integration for specialized events, and on-demand content processing for comprehensive session coverage.
The platform's evolution includes Snapsight Premium, which transforms event data into strategic business intelligence through advanced opportunity detection, trend analysis, sentiment tracking, competitive intelligence, and personalized insights at scale. Snapsight leverages cutting-edge language models and sophisticated NLP engines enhanced with user-defined glossaries to generate precise summaries and visual concept representations, enabling attendees to absorb complex information effortlessly regardless of language barriers or technical terminology.
The platform's Event-Level Idea Cloud dynamically tracks themes and trends across entire conferences in real-time, while the redesigned Admin Dashboard provides organizers with unprecedented customization and control capabilities. Through QR code access, attendees can instantly retrieve session insights, follow live captions, upload missed content for processing, and engage with event-wide conversation patterns. Snapsight's integration ecosystem and multilingual accessibility ensure that every participant can maximize their experience.
Project Website
Highly Commended | hivr.ai: Leading the AI Revolution in Meetings & Events
SHORT-TERM RENTALS
Category: Property Management
Sentral | Tech + Luxe Lifestyle = STR success
When it was founded in 2019, Sentral introduced a flexible, 'any length of stay' model that pulls inspiration and expertise from both the multifamily and hospitality industries. This unique model provides unparalleled service and amenities to residents and guests; it also helps building owners maximize revenue by optimizing the mix of long- and short-term rentals based on each location's regulations and demand.
Over the last year, Sentral has aggressively grown its short-term presence. Since May of 2024, Sentral added 12 communities to its portfolio, including new projects in Las Vegas and San Diego that focus on short-term stays. Travelers can book directly on Sentral.com or via most OTAs. Residents of Sentral apartments receive exclusive discounts on short-term bookings across the portfolio–and know they'll experience the same standard of excellence at Sentral properties away from home.
At nearly every touchpoint, guests will encounter Sentral's unique blend of five-star service and cutting-edge technology. Check-in can be done with a dedicated concierge or via touch-screen kiosk. Each guest receives a comprehensive, mobile-friendly building and city guide–including check-in and check-out procedures, in-room dining, wi-fi access and information about special events and fitness classes available during their stay. Project Website
SHORT-TERM RENTALS
Category: Guest Experience
Extenteam | Tailwind by Extenteam: Transforming Guest Experience with Human + AI Synergy
Tailwind by Extenteam is a shared services, unified-inbox solution designed to manage guest communication for hospitality businesses. Combining hospitality-trained remote agents with AI tools, Tailwind delivers fast, consistent, and high-quality responses across channels like SMS, email, OTA, voice and more — available 24/7 or during specified off-hours.
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By taking over day-to-day and urgent guest communication, Tailwind allows hospitality operators — from vacation rental managers to boutique hotels — to focus on growth and operations, knowing their guests are cared for professionally and consistently. Project Website
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ZipRecruiter Announces Second Quarter 2025 Results
ZipRecruiter Announces Second Quarter 2025 Results

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ZipRecruiter Announces Second Quarter 2025 Results

Quarterly revenue of $112.2 million Quarterly net loss of ($9.5) million, or net loss margin of (8)% Quarterly Adjusted EBITDA of $9.3 million, or Adjusted EBITDA margin of 8% Company announces $100 million increase to share repurchase program authorization SANTA MONICA, Calif., August 11, 2025--(BUSINESS WIRE)--ZipRecruiter® (NYSE: ZIP), a leading online employment marketplace, today announced financial results for the quarter ended June 30, 2025. ZipRecruiter's complete second quarter results, financial guidance, and management commentary can be found by accessing ZipRecruiter's shareholder letter on the quarterly results page of the Investor Relations website at "While the broader labor market remains soft, ZipRecruiter's financial performance shows early signs of momentum. Quarterly Paid Employers have grown sequentially since Q4'24, and the midpoint of our guidance would mark the first time since 2021 that revenue grows sequentially from Q2 to Q3. These trends reinforce our belief that a return to modest year-over-year revenue growth in the fourth quarter is an increasingly likely scenario," said Ian Sigel, CEO of ZipRecruiter. "Through the past three years of this historically challenged labor market, ZipRecruiter has continuously improved our product for both sides of the marketplace, leveraging our brand and financial strength to operate with a long-term focus. We believe we are well-positioned to emerge from this period as a stronger company, poised to capture outsized market share with both employers and job seekers in the years ahead." Additionally, the company announced that its Board of Directors has authorized a $100 million increase to its share repurchase program under which ZipRecruiter may repurchase shares of its outstanding common stock. ZipRecruiter believes investing in undervalued equity is an attractive option in its balanced capital allocation approach. Conference Call Details ZipRecruiter will host a conference call today, August 11, at 2:00 p.m. Pacific Time to discuss its financial results. A live webcast of the call can be accessed from ZipRecruiter's Investor Relations website at An archived version will be available on the website two hours after the completion of the call. Investors and analysts can participate in the conference call by dialing +1 (888) 440-4199, or +1 (646) 960-0818 for callers outside the United States and use the Conference ID 9351892. To listen to the telephonic replay, available until Monday, August 18, 2025, please dial +1 (800) 770-2030 or +1 (609) 800-9909 for callers outside the United States and use the Conference ID 9351892. Forward-Looking Statements This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding our financial performance showing early signs of momentum, our expected growth and market share, and other statements that reflect ZipRecruiter's current expectations and projections with respect to, among other things, its financial condition, results of operations, plans, objectives, future performance, and business. These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "outlook," "plan," "potential," "project," "projection," "seek," "can," "could," "may," "should," "would," "will," the negatives thereof and other words and terms of similar meaning. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements, including our ability to attract and retain employers and job seekers; our ability to compete with well-established competitors and new entrants; our ability to achieve and/or maintain profitability; our ability to maintain, protect and enhance our brand and intellectual property; our dependence on macroeconomic factors, including potential unfavorable changes in U.S. trade or other policies, such as U.S. tariff policies, and the potential negative economic consequences thereof; our ability to maintain and improve the quality of our platform; our dependence on the interoperability of our platform with mobile operating systems that we do not control; our ability to successfully implement our business plan during a global economic downturn that may impact the demand for our services or have a material adverse impact on our and our business partners' financial condition and results of operations; our ability and the ability of third parties to protect our users' personal or other data from a security breach and to comply with laws and regulations relating to consumer data privacy and data protection; our ability to detect errors, defects or disruptions in our platform; our ability to comply with the terms of underlying licenses of open source software components on our platform; our ability to expand into markets outside the United States; our ability to achieve desired operating margins; our compliance with a wide variety of U.S. and international laws and regulations; our reliance on Amazon Web Services; our ability to mitigate payment and fraud risks; our dependence on our senior management and our ability to attract and retain new talent; and the other important factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the twelve months ended December 31, 2024 and Quarterly Report on Form 10-Q for the three months ended March 31, 2025 that we filed with the U.S. Securities and Exchange Commission and our Quarterly Report on Form 10-Q for the three months ended June 30, 2025 that we will file with the U.S. Securities and Exchange Commission. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. ZipRecruiter does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise. Non-GAAP Financial Measures This release includes certain non-GAAP financial measures, including Adjusted EBITDA and Adjusted EBITDA margin. We define Adjusted EBITDA as our net income (loss) before interest expense, other income (expense), net, income tax expense (benefit) and depreciation and amortization, adjusted to eliminate stock-based compensation expense. Adjusted EBITDA margin represents Adjusted EBITDA as a percentage of revenue for the same period. Management and our board of directors use these non-GAAP financial measures as supplemental measures of our performance because they assist us in comparing our operating performance on a consistent basis, as they remove the impact of some items not directly resulting from our core operations. We also use these non-GAAP financial measures for planning purposes, including the preparation of our internal annual operating budget and financial projections, to evaluate the performance and effectiveness of our strategic initiatives and to evaluate our capacity for capital expenditures to expand our business. Adjusted EBITDA and Adjusted EBITDA margin should not be considered in isolation, as an alternative to, or superior to net income (loss), revenue, cash flows or other measures derived in accordance with GAAP. These non-GAAP measures are frequently used by analysts, investors and other interested parties to evaluate companies in our industry. Management believes that the presentation of non-GAAP financial measures is an appropriate measure of operating performance because they eliminate the impact of some expenses that do not relate directly to the performance of our underlying business. These non-GAAP financial measures should not be construed as an inference that our future results will be unaffected by unusual or other items. Additionally, Adjusted EBITDA and Adjusted EBITDA margin are not intended to be a measure of free cash flow for management's discretionary use, as they do not reflect our tax payments and certain other cash costs that may recur in the future, including, among other things, cash requirements for costs to replace assets being depreciated and amortized. Management compensates for these limitations by relying on our GAAP results in addition to using Adjusted EBITDA and Adjusted EBITDA margin as supplemental measures of our performance. Our measures of Adjusted EBITDA and Adjusted EBITDA margin used herein are not necessarily comparable to similarly titled captions of other companies due to different methods of calculation. RECONCILIATION OF GAAP NET INCOME (LOSS) TO ADJUSTED EBITDA (UNAUDITED)(in thousands, except net income (loss) margin and Adjusted EBITDA margin data) Quarter Ended June 30, 2025 GAAP net income (loss) $(9,506) Stock-based compensation 12,612 Depreciation and amortization 3,393 Interest expense 7,401 Other (income) expense, net (4,953) Income tax expense (benefit) 396 Adjusted EBITDA $ 9,343 Net income (loss) margin (8)% Adjusted EBITDA margin 8% About ZipRecruiter ZipRecruiter® (NYSE:ZIP) is a leading online employment marketplace that actively connects people to their next great opportunity. ZipRecruiter's powerful matching technology improves the job search experience for job seekers and helps businesses of all sizes find and hire the right candidates quickly. ZipRecruiter has been the #1 rated job search app on iOS & Android for the past eight years1 and is rated the #1 employment job site by G2.2 For more information, visit 1 Based on job seeker app ratings, during the period of January 2017 to January 2025 from AppFollow for ZipRecruiter, CareerBuilder, Glassdoor, Indeed, LinkedIn, and Monster.2 Based on G2 satisfaction ratings as of January 10, 2025. View source version on Contacts Investors: Emilio SartoriInvestor Relationsir@ Corporate Communications: Claire WalshPress Relationspress@ Sign in to access your portfolio

ESPN, Fox team up for bundled streaming service in October
ESPN, Fox team up for bundled streaming service in October

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ESPN, Fox team up for bundled streaming service in October

Aug. 11 (UPI) -- Disney's ESPN and Fox Corp. on Monday announced the two rivals are joining forces to offer a streaming service to consumers as a bundle for $39 per month. The two media giants announced the service but last week ESPN and Fox each announced separate all-in-one streaming apps. The services can be downloaded on devices, including cellphones and tablets, and can be accessed on smart TVs and gaming consoles. With viewership declining on TV, including cable, media companies have turned to streaming services as a way to boost viewership and revenue. CNBC reported that sports is a way to accomplish this. Last week, both companies announced their services -- ESPN's Direct to Consumer Unlimited Offering and Fox One -- will launch on Aug. 21 before the college football and NFL seasons. But the bundle won't be available until October. ESPN's separate service will cost $29.99 month and Fox's will be $19.99. Also, ESPN will offer a bundle with Disney's other streaming services, Disney+ and Hulu, for $35.99 per month. Besides events, both companies present sports news. The ESPN service will include live sports and programming from its TV networks, including ESPN2, the SEC Network, the ACC Network, as well as Disney-owned ABC. ESPN also reached an agreement last week with the NFL to acquire the NFL Network, including the Red Zone. And ESPN last week signed a deal with the WWW for U.S. rights in 2026 to its biggest wrestling events, including WrestleMania, the Royal Rumble and SummerSlam. In all, ESPN/ABC cover 47,000 live events each year, as well as studio shows and original programming. ESPN and ABC sports include Monday Night Football, college football and basketball, NHL, NBA, Major League Soccer, golf, tennis and motorsports. In addition, an enhanced app will integrate game statistics, betting information, fantasy sports, multi-view options and a "personalize SportsCenter For You," the company said. Fox's parent company offers Tubi and Fox Nation. Fox's sports networks include FS1, FS2 and the Big Ten Network. The company said Fox One won't have original content. Last week, Fox CEO Lachlan Murdoch and Disney CEO Bob Iger said during earnings calls that they were considering offering bundle services. Fox Sports' coverage includes NFL, college football and basketball, Major League Baseball, FIFA World Cup, Major League Soccer, motorsports, WNBA, LIV Golf and boxing. Three other media companies offer sports: Comcast's NBC, Warner Bros. Discovery's TNT and Paramount Skydance's CBS. NBC, which has the rights to the Olympics, has Peacock streaming, and CBS offers Paramount+, services that include sports. TNT doesn't have a specific app but its services can be bundles with other apps. On Monday, Paramount announced plans to televise UFC events starting next year.

Stock market today: Dow, S&P 500, Nasdaq slump with key inflation report on deck
Stock market today: Dow, S&P 500, Nasdaq slump with key inflation report on deck

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Stock market today: Dow, S&P 500, Nasdaq slump with key inflation report on deck

Stocks slipped on Monday as President Trump reportedly granted another 90-day extension for steeper China tariffs and as traders eyed a key inflation reading on Tuesday. The Dow Jones Industrial Average (^DJI) fell 0.5%. The S&P 500 (^GSPC) fell 0.2%, while the tech-heavy Nasdaq (^IXIC) erased earlier gains to drop 0.3%. Stocks slipped further into negative territory following reports that Trump pushed back his China tariff deadline until Nov. 9 as the US and China continue to negotiate a firmer deal. Read more: The latest on Trump's tariffs In another tariff-related twist, Trump confirmed on Monday that he would allow Nvidia to sell its H20 chip to China for a revenue cut in exchange. "This [H20] is an old chip that China already has," Trump said on Monday, noting the agreement does not extend to Nvidia's next-generation Blackwell. The Financial Times first reported on Sunday that both Nvidia and AMD agreed to give the US government 15% of the money they make from selling certain computer chips to China. Nvidia and AMD shares both closed down fractionally. Trump has claimed that his tariffs are having a "huge positive impact on the stock market," though Wall Street is still navigating the twists and turns of sweeping duties on dozens of trade partners that went into effect last week. Wall Street will soon get another glimpse into how those tariffs are affecting price pressures in the US. The Consumer Price Index (CPI) is set for release on Tuesday, followed by the Producer Price Index on Thursday and retail sales data on Friday. Inflation reaccelerated in June, and economists have warned that the tariffs will likely continue to seep into price data in the coming months. On Monday, Trump clarified that gold (GC=F) will not be tariffed. The precious metal futures market whipsawed last week amid confusion about whether Swiss bars would be subject to levies. Stocks slip ahead of key inflation print, reports of Trump tariff extension for China Stocks fell on Monday in anticipation of an important inflation print on Tuesday, and following reports that President Trump has granted China another 90-day tariff extension. The Dow Jones Industrial Average (^DJI) fell nearly 0.5%. The S&P 500 (^GSPC) dropped 0.2%, while the tech-heavy Nasdaq (^IXIC) trimmed session gains to drop 0.3%. Stocks took a leg lower after CNBC, The Wall Street Journal, and The Washington Post reported extended China's tariff trade deal deadline to Nov. 9. Why the Nvidia, AMD revenue-sharing pact with the White House is ripe for a legal challenge Yahoo Finance's Alexis Keenan reports: Read more here. Trump reportedly signs order granting another 90-day extension on harshest China tariffs US stocks were little changed following reports that President Trump granted China another 90-day tariff deadline extension on Monday. The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) slipped 0.1% lower, while the Dow Jones Industrial Average (^DJI) led the modest declines, falling 0.4% Yahoo Finance's Ben Werschkul reports: Read more here. July CPI report expected to show inflation accelerated amid tariff pressures Yahoo Finance's Allie Canal reports: Read more here. Gold at session lows as Trump says precious metal will be not be tariffed Gold (GC=F) futures traded near session lows on Monday afternoon after President Trump said imports of the precious metal will not be tariffed. "Gold will not be Tariffed!" said a statement posted on social media. The precious metal declined more than 2% to trade near $3,404 per ounce. Last Friday gold futures touched intraday record highs amid reports that imports of Swiss gold bars would not be exempt from tariffs. Later in the session the metal trimmed gains after the White House indicated it would clarify "misinformation about the tariffing of gold bars and other specialty products." stock falls 23% after lowering revenue guidance Inc. (AI) stock tumbled as much as 30% on Monday morning after the software company reported a steep sales miss and as its founder's health issues are spurring a search for a successor. Shares were down 23% in afternoon trading. The company released preliminary results late Friday showing revenue well below analysts' estimates as it undergoes a reorganization of its sales operation. Guidance for the fiscal first quarter also came in lighter than expected. Bloomberg reported that CEO Tom Siebel attributed what he called "completely unacceptable" results to recent health issues that prevented him from actively helping to sell the company's software. Several weeks ago, he said the company would begin to search for a successor. As Yahoo Finance's Brian Sozzi noted today, problems appear to be company-specific — not an indicator of the overall AI trade. "But I think now is probably the time to pivot away from some of the pure plays and go to more of bank shots on AI, and names like that would be in the industrials that, you know, aren't even tech stocks, but are benefiting from all of the infrastructure spending," John Campbell of Allsprings Global Investments said on Opening Bid. Read more here. Bitcoin surges above $120,000, ethereum rises as investors pile into crypto Bitcoin (BTC-USD) surged on Monday to trade near record highs as investor enthusiasm and momentum around crypto grew. The digital token reached $122,000 on Monday before easing to around $120,000. The gains come as inflows into exchange-traded funds (ETFs) have grown and public companies have been adding bitcoin to their balance sheets. Bitcoin wasn't the only cryptocurrency getting a bid; ethereum (ETH-USD) touched 2021 levels on Monday. The second-largest cryptocurrency by market cap has surged roughly 190% since the April market lows. Companies have been adding ethereum to their balance sheets as a way to gain exposure to the tech infrastructure behind decentralized finance and digital assets, such as stablecoins. The move higher in crypto also comes as stocks hover near record highs on expectations that the Federal Reserve will cut rates in September and President Trump's next Fed chair pick will likely bring looser monetary policy. Intel stock jumps with CEO Lip-Bu Tan reportedly set to meet with President Trump Intel (INTC) stock jumped more than 4% ahead of CEO Lip-Bu Tan's reported visit to the White House after President Trump called for his resignation. Citing unnamed sources, the Wall Street Journal reported over the weekend that Tan is set to meet with Trump Monday to explain his personal and professional background and to propose ways that Intel and the government can collaborate. Intel did not immediately respond to Yahoo Finance's questions regarding the reported meeting. Read the full story here. Tesla stock rises as EV maker applies for electricity supply license in UK Tesla (TSLA) stock surged 3% on Monday after the EV maker applied for a license to provide electricity to UK households and businesses. Apart from making electric vehicles and robotaxis, Tesla also provides Megapack batteries. The company's energy business grew 30% year over year last quarter, accounting for its largest margins. If the electricity supply license application submitted to the UK energy regulator Ofgem is approved, Tesla would be allowed to compete with other energy firms in the region. Micron jumps after memory chipmaker raises Q4 financial guidance Memory chipmaker Micron (MU) — which supplies its semiconductors to Nvidia (NVDA) to use in its products — saw its stock jump more than 4% Monday after raising its financial outlook for its fourth quarter, which ends Aug. 28. The company said it expects to see adjusted revenue of $11.1 billion to $11.3 billion, up from its prior projected range of $10.4 billion to $11 billion. Micron expects to report quarterly adjusted earnings per share of $2.78 to $2.92, more than its previous range of $2.35 to $2.65. "This revised guidance reflects improved pricing, particularly in DRAM, and strong execution," the company said in a statement. Micron's DRAM chips are one type of memory chip used in devices like personal computers and smartphones. Stocks steady at the open US stocks were steady at the open on Monday after the Nasdaq Composite (^IXIC) notched two consecutive records last week. The Dow Jones Industrial Average (^DJI) rose nearly 0.1%. The S&P 500 (^GSPC) and the tech-heavy Nasdaq (^IXIC) hovered above the flat line. Chip stocks were in focus Monday after Nvidia (NVDA) and AMD (AMD) reportedly inked deals with the US government to sell their chips to China in exchange for sharing 15% of their revenues from the country. Nvidia shares fell less than 1% on Monday, while AMD shares lost over 1.5%. Looking ahead this week, investors are awaiting a key inflation reading and the upcoming summit between President Trump and Russian President Putin. Paramount seals $7.7 billion exclusive US rights deal with UFC Paramount has agreed to a seven-year, $7.7 billion deal to become the exclusive US broadcaster of the Ultimate Fighting Championship (UFC). The agreement is Paramount's largest since David Ellison took over as chair and CEO last week, following the completion of Skydance's takeover of the company. Under the contract, Paramount will stream all 13 of UFC's marquee events and 30 Fight Nights annually on its streaming platform from 2026, with selected events also broadcast on CBS, the Financial Times reported. The FT reports: Read more here (subscription required). AMC tops revenue estimates as blockbuster titles boost theater attendance AMC (AMC) stock jumped 8% in premarket trading after the movie theater chain reported attendance in the second quarter grew nearly 26% as blockbusters drew in moviegoers. Reuters reports: Read more here. Nvidia, AMD stocks decline after chipmakers agree to pay US 15% cut of China chip sales Shares of Nvidia (NVDA) and AMD (AMD) fell on Monday after the two companies agreed to pay the US government 15% of the revenue for certain chip sales to China. Nvidia stock was off by 0.4% premarket, while AMD stock dropped 1.4% as investors digested the unusual deal in which the chipmakers will essentially pay for export licenses. While the details are still being worked out, the chips in question reportedly include Nvidia's H20 AI chip and AMD's MI308 chips, which previously faced export controls from the Trump administration. Nvidia CEO Jensen Huang made the deal at the White House last Wednesday, the same day Apple (AAPL) agreed to increase its US investment to $600 billion, ostensibly to help the company avoid tariffs, as the Trump administration looks to monetize trade policy. An Nvidia spokesperson told Yahoo Finance: 'We follow rules the U.S. government sets for our participation in worldwide markets. While we haven't shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide. America cannot repeat 5G and lose telecommunication leadership. America's AI tech stack can be the world's standard if we race." As for other chip stocks, Intel (INTC) and Qualcomm (QCOM) shares rose, while Taiwan Semiconductor (TSM) fell modestly. Read more here. Good morning. Here's what's happening today. Earnings: (BBAI), (MNDY), Oklo (OKLO), Plug Power (PLUG) Economic calendar: No notable releases. Here are some of the biggest stories you may have missed overnight and early this morning: Nvidia, AMD revenue deal brings 'monetization of US trade policy' Yahoo Finance poll: Americans face new, complex financial challenges Earnings live: stock tanks, AMC to report Debate over Fed rate cuts heats up: What to watch this week Fed's Bowman makes case for 3 interest rate cuts in 2025 Intel CEO to visit White House on Monday Citi strategists raise S&P 500 target on resilient earnings Bitcoin Nears Record as Treasury Investors Boost Crypto Market BofA poll shows record number of investors say stocks overvalued Lithium market soars as CATL shuts one of world's biggest mines stock tanks after the company reports earnings stock plunged aorund 20% in premarket trading on Monday after the Israeli-based software company reported earnings. In the second quarter, reported earnings of $0.03 per share and revenue of $299 million. While revenue beat analyst expectations of $293 million, GAAP profits fell short, as Wall Street was looking for $0.20 per share, per S&P Global Market Intelligence. Investors have been looking for signs that economic uncertainty is pushing companies to pull back their spending on technology and software. The company's operating loss fell to $11.6 million from $1.8 million a year ago, and the operating margin fell to negative 4% from 1% last year. Read more live coverage of corporate earnings here US gold futures fall as traders await clarification on tariffs US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. Target still in the bear camp Good WSJ story this morning on Target (TGT) and its many challenges, one of them finding its next CEO. I wrote more on this a couple months ago. I would expect an abysmal quarter (another one) from Target when it reports second quarter earnings on August 20. The company is not only dealing with operational challenges, but it has totally lost the value perception battle with Walmart. I don't see these dynamics changing this year, and maybe not until deep into 2026 provided an outside CEO is brought in to run a full assessment of the business. Bitcoin near a fresh record Bitcoin looks to be breaking out of its recent trading range, nearing a fresh record this morning. There doesn't appear to be a clear catalyst for the pop today, though this Sunday X post from bitcoin evangelist Michael Saylor may have stoked the bulls. It suggests he will continue to be a buyer of bitcoin — perhaps no surprise, but the crypto market likes to be coddled. "If you don't stop buying Bitcoin, you won't stop making Money," Saylor wrote. crashing Shares of (AI) are getting crushed pre-market to the tune of 30%. And the rout is 100% deserved. Late Friday the company said it sees preliminary first fiscal quarter revenue of $70.2 million to $70.4 million, about 33% below the mid-point of its prior guidance for $100 million to $109 million. Sales would be down 19% from the prior year. The adjusted operating loss will be $57.7 million to $59.9 million, roughly twice the $23.5 million to $33.5 million loss that it had expected. I don't think there is anything to read into the AI trade here — this seems very company-specific, and tied to a sales reorg. Stocks slip ahead of key inflation print, reports of Trump tariff extension for China Stocks fell on Monday in anticipation of an important inflation print on Tuesday, and following reports that President Trump has granted China another 90-day tariff extension. The Dow Jones Industrial Average (^DJI) fell nearly 0.5%. The S&P 500 (^GSPC) dropped 0.2%, while the tech-heavy Nasdaq (^IXIC) trimmed session gains to drop 0.3%. Stocks took a leg lower after CNBC, The Wall Street Journal, and The Washington Post reported extended China's tariff trade deal deadline to Nov. 9. Stocks fell on Monday in anticipation of an important inflation print on Tuesday, and following reports that President Trump has granted China another 90-day tariff extension. The Dow Jones Industrial Average (^DJI) fell nearly 0.5%. The S&P 500 (^GSPC) dropped 0.2%, while the tech-heavy Nasdaq (^IXIC) trimmed session gains to drop 0.3%. Stocks took a leg lower after CNBC, The Wall Street Journal, and The Washington Post reported extended China's tariff trade deal deadline to Nov. 9. Why the Nvidia, AMD revenue-sharing pact with the White House is ripe for a legal challenge Yahoo Finance's Alexis Keenan reports: Read more here. Yahoo Finance's Alexis Keenan reports: Read more here. Trump reportedly signs order granting another 90-day extension on harshest China tariffs US stocks were little changed following reports that President Trump granted China another 90-day tariff deadline extension on Monday. The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) slipped 0.1% lower, while the Dow Jones Industrial Average (^DJI) led the modest declines, falling 0.4% Yahoo Finance's Ben Werschkul reports: Read more here. US stocks were little changed following reports that President Trump granted China another 90-day tariff deadline extension on Monday. The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) slipped 0.1% lower, while the Dow Jones Industrial Average (^DJI) led the modest declines, falling 0.4% Yahoo Finance's Ben Werschkul reports: Read more here. July CPI report expected to show inflation accelerated amid tariff pressures Yahoo Finance's Allie Canal reports: Read more here. Yahoo Finance's Allie Canal reports: Read more here. Gold at session lows as Trump says precious metal will be not be tariffed Gold (GC=F) futures traded near session lows on Monday afternoon after President Trump said imports of the precious metal will not be tariffed. "Gold will not be Tariffed!" said a statement posted on social media. The precious metal declined more than 2% to trade near $3,404 per ounce. Last Friday gold futures touched intraday record highs amid reports that imports of Swiss gold bars would not be exempt from tariffs. Later in the session the metal trimmed gains after the White House indicated it would clarify "misinformation about the tariffing of gold bars and other specialty products." Gold (GC=F) futures traded near session lows on Monday afternoon after President Trump said imports of the precious metal will not be tariffed. "Gold will not be Tariffed!" said a statement posted on social media. The precious metal declined more than 2% to trade near $3,404 per ounce. Last Friday gold futures touched intraday record highs amid reports that imports of Swiss gold bars would not be exempt from tariffs. Later in the session the metal trimmed gains after the White House indicated it would clarify "misinformation about the tariffing of gold bars and other specialty products." stock falls 23% after lowering revenue guidance Inc. (AI) stock tumbled as much as 30% on Monday morning after the software company reported a steep sales miss and as its founder's health issues are spurring a search for a successor. Shares were down 23% in afternoon trading. The company released preliminary results late Friday showing revenue well below analysts' estimates as it undergoes a reorganization of its sales operation. Guidance for the fiscal first quarter also came in lighter than expected. Bloomberg reported that CEO Tom Siebel attributed what he called "completely unacceptable" results to recent health issues that prevented him from actively helping to sell the company's software. Several weeks ago, he said the company would begin to search for a successor. As Yahoo Finance's Brian Sozzi noted today, problems appear to be company-specific — not an indicator of the overall AI trade. "But I think now is probably the time to pivot away from some of the pure plays and go to more of bank shots on AI, and names like that would be in the industrials that, you know, aren't even tech stocks, but are benefiting from all of the infrastructure spending," John Campbell of Allsprings Global Investments said on Opening Bid. Read more here. Inc. (AI) stock tumbled as much as 30% on Monday morning after the software company reported a steep sales miss and as its founder's health issues are spurring a search for a successor. Shares were down 23% in afternoon trading. The company released preliminary results late Friday showing revenue well below analysts' estimates as it undergoes a reorganization of its sales operation. Guidance for the fiscal first quarter also came in lighter than expected. Bloomberg reported that CEO Tom Siebel attributed what he called "completely unacceptable" results to recent health issues that prevented him from actively helping to sell the company's software. Several weeks ago, he said the company would begin to search for a successor. As Yahoo Finance's Brian Sozzi noted today, problems appear to be company-specific — not an indicator of the overall AI trade. "But I think now is probably the time to pivot away from some of the pure plays and go to more of bank shots on AI, and names like that would be in the industrials that, you know, aren't even tech stocks, but are benefiting from all of the infrastructure spending," John Campbell of Allsprings Global Investments said on Opening Bid. Read more here. Bitcoin surges above $120,000, ethereum rises as investors pile into crypto Bitcoin (BTC-USD) surged on Monday to trade near record highs as investor enthusiasm and momentum around crypto grew. The digital token reached $122,000 on Monday before easing to around $120,000. The gains come as inflows into exchange-traded funds (ETFs) have grown and public companies have been adding bitcoin to their balance sheets. Bitcoin wasn't the only cryptocurrency getting a bid; ethereum (ETH-USD) touched 2021 levels on Monday. The second-largest cryptocurrency by market cap has surged roughly 190% since the April market lows. Companies have been adding ethereum to their balance sheets as a way to gain exposure to the tech infrastructure behind decentralized finance and digital assets, such as stablecoins. The move higher in crypto also comes as stocks hover near record highs on expectations that the Federal Reserve will cut rates in September and President Trump's next Fed chair pick will likely bring looser monetary policy. Bitcoin (BTC-USD) surged on Monday to trade near record highs as investor enthusiasm and momentum around crypto grew. The digital token reached $122,000 on Monday before easing to around $120,000. The gains come as inflows into exchange-traded funds (ETFs) have grown and public companies have been adding bitcoin to their balance sheets. Bitcoin wasn't the only cryptocurrency getting a bid; ethereum (ETH-USD) touched 2021 levels on Monday. The second-largest cryptocurrency by market cap has surged roughly 190% since the April market lows. Companies have been adding ethereum to their balance sheets as a way to gain exposure to the tech infrastructure behind decentralized finance and digital assets, such as stablecoins. The move higher in crypto also comes as stocks hover near record highs on expectations that the Federal Reserve will cut rates in September and President Trump's next Fed chair pick will likely bring looser monetary policy. Intel stock jumps with CEO Lip-Bu Tan reportedly set to meet with President Trump Intel (INTC) stock jumped more than 4% ahead of CEO Lip-Bu Tan's reported visit to the White House after President Trump called for his resignation. Citing unnamed sources, the Wall Street Journal reported over the weekend that Tan is set to meet with Trump Monday to explain his personal and professional background and to propose ways that Intel and the government can collaborate. Intel did not immediately respond to Yahoo Finance's questions regarding the reported meeting. Read the full story here. Intel (INTC) stock jumped more than 4% ahead of CEO Lip-Bu Tan's reported visit to the White House after President Trump called for his resignation. Citing unnamed sources, the Wall Street Journal reported over the weekend that Tan is set to meet with Trump Monday to explain his personal and professional background and to propose ways that Intel and the government can collaborate. Intel did not immediately respond to Yahoo Finance's questions regarding the reported meeting. Read the full story here. Tesla stock rises as EV maker applies for electricity supply license in UK Tesla (TSLA) stock surged 3% on Monday after the EV maker applied for a license to provide electricity to UK households and businesses. Apart from making electric vehicles and robotaxis, Tesla also provides Megapack batteries. The company's energy business grew 30% year over year last quarter, accounting for its largest margins. If the electricity supply license application submitted to the UK energy regulator Ofgem is approved, Tesla would be allowed to compete with other energy firms in the region. Tesla (TSLA) stock surged 3% on Monday after the EV maker applied for a license to provide electricity to UK households and businesses. Apart from making electric vehicles and robotaxis, Tesla also provides Megapack batteries. The company's energy business grew 30% year over year last quarter, accounting for its largest margins. If the electricity supply license application submitted to the UK energy regulator Ofgem is approved, Tesla would be allowed to compete with other energy firms in the region. Micron jumps after memory chipmaker raises Q4 financial guidance Memory chipmaker Micron (MU) — which supplies its semiconductors to Nvidia (NVDA) to use in its products — saw its stock jump more than 4% Monday after raising its financial outlook for its fourth quarter, which ends Aug. 28. The company said it expects to see adjusted revenue of $11.1 billion to $11.3 billion, up from its prior projected range of $10.4 billion to $11 billion. Micron expects to report quarterly adjusted earnings per share of $2.78 to $2.92, more than its previous range of $2.35 to $2.65. "This revised guidance reflects improved pricing, particularly in DRAM, and strong execution," the company said in a statement. Micron's DRAM chips are one type of memory chip used in devices like personal computers and smartphones. Memory chipmaker Micron (MU) — which supplies its semiconductors to Nvidia (NVDA) to use in its products — saw its stock jump more than 4% Monday after raising its financial outlook for its fourth quarter, which ends Aug. 28. The company said it expects to see adjusted revenue of $11.1 billion to $11.3 billion, up from its prior projected range of $10.4 billion to $11 billion. Micron expects to report quarterly adjusted earnings per share of $2.78 to $2.92, more than its previous range of $2.35 to $2.65. "This revised guidance reflects improved pricing, particularly in DRAM, and strong execution," the company said in a statement. Micron's DRAM chips are one type of memory chip used in devices like personal computers and smartphones. Stocks steady at the open US stocks were steady at the open on Monday after the Nasdaq Composite (^IXIC) notched two consecutive records last week. The Dow Jones Industrial Average (^DJI) rose nearly 0.1%. The S&P 500 (^GSPC) and the tech-heavy Nasdaq (^IXIC) hovered above the flat line. Chip stocks were in focus Monday after Nvidia (NVDA) and AMD (AMD) reportedly inked deals with the US government to sell their chips to China in exchange for sharing 15% of their revenues from the country. Nvidia shares fell less than 1% on Monday, while AMD shares lost over 1.5%. Looking ahead this week, investors are awaiting a key inflation reading and the upcoming summit between President Trump and Russian President Putin. US stocks were steady at the open on Monday after the Nasdaq Composite (^IXIC) notched two consecutive records last week. The Dow Jones Industrial Average (^DJI) rose nearly 0.1%. The S&P 500 (^GSPC) and the tech-heavy Nasdaq (^IXIC) hovered above the flat line. Chip stocks were in focus Monday after Nvidia (NVDA) and AMD (AMD) reportedly inked deals with the US government to sell their chips to China in exchange for sharing 15% of their revenues from the country. Nvidia shares fell less than 1% on Monday, while AMD shares lost over 1.5%. Looking ahead this week, investors are awaiting a key inflation reading and the upcoming summit between President Trump and Russian President Putin. Paramount seals $7.7 billion exclusive US rights deal with UFC Paramount has agreed to a seven-year, $7.7 billion deal to become the exclusive US broadcaster of the Ultimate Fighting Championship (UFC). The agreement is Paramount's largest since David Ellison took over as chair and CEO last week, following the completion of Skydance's takeover of the company. Under the contract, Paramount will stream all 13 of UFC's marquee events and 30 Fight Nights annually on its streaming platform from 2026, with selected events also broadcast on CBS, the Financial Times reported. The FT reports: Read more here (subscription required). Paramount has agreed to a seven-year, $7.7 billion deal to become the exclusive US broadcaster of the Ultimate Fighting Championship (UFC). The agreement is Paramount's largest since David Ellison took over as chair and CEO last week, following the completion of Skydance's takeover of the company. Under the contract, Paramount will stream all 13 of UFC's marquee events and 30 Fight Nights annually on its streaming platform from 2026, with selected events also broadcast on CBS, the Financial Times reported. The FT reports: Read more here (subscription required). AMC tops revenue estimates as blockbuster titles boost theater attendance AMC (AMC) stock jumped 8% in premarket trading after the movie theater chain reported attendance in the second quarter grew nearly 26% as blockbusters drew in moviegoers. Reuters reports: Read more here. AMC (AMC) stock jumped 8% in premarket trading after the movie theater chain reported attendance in the second quarter grew nearly 26% as blockbusters drew in moviegoers. Reuters reports: Read more here. Nvidia, AMD stocks decline after chipmakers agree to pay US 15% cut of China chip sales Shares of Nvidia (NVDA) and AMD (AMD) fell on Monday after the two companies agreed to pay the US government 15% of the revenue for certain chip sales to China. Nvidia stock was off by 0.4% premarket, while AMD stock dropped 1.4% as investors digested the unusual deal in which the chipmakers will essentially pay for export licenses. While the details are still being worked out, the chips in question reportedly include Nvidia's H20 AI chip and AMD's MI308 chips, which previously faced export controls from the Trump administration. Nvidia CEO Jensen Huang made the deal at the White House last Wednesday, the same day Apple (AAPL) agreed to increase its US investment to $600 billion, ostensibly to help the company avoid tariffs, as the Trump administration looks to monetize trade policy. An Nvidia spokesperson told Yahoo Finance: 'We follow rules the U.S. government sets for our participation in worldwide markets. While we haven't shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide. America cannot repeat 5G and lose telecommunication leadership. America's AI tech stack can be the world's standard if we race." As for other chip stocks, Intel (INTC) and Qualcomm (QCOM) shares rose, while Taiwan Semiconductor (TSM) fell modestly. Read more here. Shares of Nvidia (NVDA) and AMD (AMD) fell on Monday after the two companies agreed to pay the US government 15% of the revenue for certain chip sales to China. Nvidia stock was off by 0.4% premarket, while AMD stock dropped 1.4% as investors digested the unusual deal in which the chipmakers will essentially pay for export licenses. While the details are still being worked out, the chips in question reportedly include Nvidia's H20 AI chip and AMD's MI308 chips, which previously faced export controls from the Trump administration. Nvidia CEO Jensen Huang made the deal at the White House last Wednesday, the same day Apple (AAPL) agreed to increase its US investment to $600 billion, ostensibly to help the company avoid tariffs, as the Trump administration looks to monetize trade policy. An Nvidia spokesperson told Yahoo Finance: 'We follow rules the U.S. government sets for our participation in worldwide markets. While we haven't shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide. America cannot repeat 5G and lose telecommunication leadership. America's AI tech stack can be the world's standard if we race." As for other chip stocks, Intel (INTC) and Qualcomm (QCOM) shares rose, while Taiwan Semiconductor (TSM) fell modestly. Read more here. Good morning. Here's what's happening today. Earnings: (BBAI), (MNDY), Oklo (OKLO), Plug Power (PLUG) Economic calendar: No notable releases. Here are some of the biggest stories you may have missed overnight and early this morning: Nvidia, AMD revenue deal brings 'monetization of US trade policy' Yahoo Finance poll: Americans face new, complex financial challenges Earnings live: stock tanks, AMC to report Debate over Fed rate cuts heats up: What to watch this week Fed's Bowman makes case for 3 interest rate cuts in 2025 Intel CEO to visit White House on Monday Citi strategists raise S&P 500 target on resilient earnings Bitcoin Nears Record as Treasury Investors Boost Crypto Market BofA poll shows record number of investors say stocks overvalued Lithium market soars as CATL shuts one of world's biggest mines Earnings: (BBAI), (MNDY), Oklo (OKLO), Plug Power (PLUG) Economic calendar: No notable releases. Here are some of the biggest stories you may have missed overnight and early this morning: Nvidia, AMD revenue deal brings 'monetization of US trade policy' Yahoo Finance poll: Americans face new, complex financial challenges Earnings live: stock tanks, AMC to report Debate over Fed rate cuts heats up: What to watch this week Fed's Bowman makes case for 3 interest rate cuts in 2025 Intel CEO to visit White House on Monday Citi strategists raise S&P 500 target on resilient earnings Bitcoin Nears Record as Treasury Investors Boost Crypto Market BofA poll shows record number of investors say stocks overvalued Lithium market soars as CATL shuts one of world's biggest mines stock tanks after the company reports earnings stock plunged aorund 20% in premarket trading on Monday after the Israeli-based software company reported earnings. In the second quarter, reported earnings of $0.03 per share and revenue of $299 million. While revenue beat analyst expectations of $293 million, GAAP profits fell short, as Wall Street was looking for $0.20 per share, per S&P Global Market Intelligence. Investors have been looking for signs that economic uncertainty is pushing companies to pull back their spending on technology and software. The company's operating loss fell to $11.6 million from $1.8 million a year ago, and the operating margin fell to negative 4% from 1% last year. Read more live coverage of corporate earnings here stock plunged aorund 20% in premarket trading on Monday after the Israeli-based software company reported earnings. In the second quarter, reported earnings of $0.03 per share and revenue of $299 million. While revenue beat analyst expectations of $293 million, GAAP profits fell short, as Wall Street was looking for $0.20 per share, per S&P Global Market Intelligence. Investors have been looking for signs that economic uncertainty is pushing companies to pull back their spending on technology and software. The company's operating loss fell to $11.6 million from $1.8 million a year ago, and the operating margin fell to negative 4% from 1% last year. Read more live coverage of corporate earnings here US gold futures fall as traders await clarification on tariffs US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. Target still in the bear camp Good WSJ story this morning on Target (TGT) and its many challenges, one of them finding its next CEO. I wrote more on this a couple months ago. I would expect an abysmal quarter (another one) from Target when it reports second quarter earnings on August 20. The company is not only dealing with operational challenges, but it has totally lost the value perception battle with Walmart. I don't see these dynamics changing this year, and maybe not until deep into 2026 provided an outside CEO is brought in to run a full assessment of the business. Good WSJ story this morning on Target (TGT) and its many challenges, one of them finding its next CEO. I wrote more on this a couple months ago. I would expect an abysmal quarter (another one) from Target when it reports second quarter earnings on August 20. The company is not only dealing with operational challenges, but it has totally lost the value perception battle with Walmart. I don't see these dynamics changing this year, and maybe not until deep into 2026 provided an outside CEO is brought in to run a full assessment of the business. Bitcoin near a fresh record Bitcoin looks to be breaking out of its recent trading range, nearing a fresh record this morning. There doesn't appear to be a clear catalyst for the pop today, though this Sunday X post from bitcoin evangelist Michael Saylor may have stoked the bulls. It suggests he will continue to be a buyer of bitcoin — perhaps no surprise, but the crypto market likes to be coddled. "If you don't stop buying Bitcoin, you won't stop making Money," Saylor wrote. Bitcoin looks to be breaking out of its recent trading range, nearing a fresh record this morning. There doesn't appear to be a clear catalyst for the pop today, though this Sunday X post from bitcoin evangelist Michael Saylor may have stoked the bulls. It suggests he will continue to be a buyer of bitcoin — perhaps no surprise, but the crypto market likes to be coddled. "If you don't stop buying Bitcoin, you won't stop making Money," Saylor wrote. crashing Shares of (AI) are getting crushed pre-market to the tune of 30%. And the rout is 100% deserved. Late Friday the company said it sees preliminary first fiscal quarter revenue of $70.2 million to $70.4 million, about 33% below the mid-point of its prior guidance for $100 million to $109 million. Sales would be down 19% from the prior year. The adjusted operating loss will be $57.7 million to $59.9 million, roughly twice the $23.5 million to $33.5 million loss that it had expected. I don't think there is anything to read into the AI trade here — this seems very company-specific, and tied to a sales reorg. Shares of (AI) are getting crushed pre-market to the tune of 30%. And the rout is 100% deserved. Late Friday the company said it sees preliminary first fiscal quarter revenue of $70.2 million to $70.4 million, about 33% below the mid-point of its prior guidance for $100 million to $109 million. Sales would be down 19% from the prior year. The adjusted operating loss will be $57.7 million to $59.9 million, roughly twice the $23.5 million to $33.5 million loss that it had expected. I don't think there is anything to read into the AI trade here — this seems very company-specific, and tied to a sales reorg.

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