
Tennis star Novak Djokovic among investors to buy a stake in second-tier French soccer club Le Mans
Le Mans said in a statement that they join other new financial investors into the club, including Latin American sports investment firm OutField and Georgios Frangulis, the founder and chief executive of OakBerry. Frangulis is the boyfriend of three-time women's Grand Slam champion Aryna Sabalenka.
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Sibanye Stillwater Limited (SBSW): A Bull Case Theory
We came across a bullish thesis on Sibanye Stillwater Limited on by walter99. In this article, we will summarize the bulls' thesis on SBSW. Sibanye Stillwater Limited's share was trading at $9.24 as of July 25th. SBSW's trailing and forward P/E were 4.67 and 10.94, respectively according to Yahoo Finance. A mine entrance, showcasing the precious metals and minerals that this company produces. Sibanye-Stillwater (SBSW), a major producer of platinum group metals (PGMs)—platinum, palladium, and rhodium—offers a leveraged play on a sector where years of underinvestment and misjudged demand forecasts have created the setup for an extended upcycle. PGMs are essential for automotive catalysts and jewelry, with catalytic converters alone accounting for 43% of platinum and 84% of palladium demand. Market pessimism has been fueled by overestimates of battery electric vehicle (BEV) penetration, but BEV sales growth in the U.S. and Europe flatlined in 2024, suggesting that internal combustion engine and hybrid vehicle demand—and thus PGM demand—will remain resilient. Supply is structurally constrained: South African PGM miners underspent by ~$18 billion over the last decade, 40% of global supply operates at or below cash costs, and production is forecast to decline through 2029. With long lead times for new supply, a persistent deficit projected by the World Platinum Investment Council, and palladium in deficit until at least 2028, any uptick in demand can drive a sharp price response. Recycling, a secondary supply source, remains depressed post-COVID, adding to market tightness. SBSW's profits, crushed by low PGM prices in 2024, have substantial torque to higher prices, as shown in 2020–2021 when the stock hit $20 on elevated metal prices. Today, at $7, platinum's rebound to $1,250 suggests early signs of a cyclical turn. Risks include economic weakness, faster BEV adoption, and rising recycling supply, but with constrained production, a decade of underinvestment, and platinum already rallying, SBSW presents asymmetric upside if PGM prices sustain an upcycle. Previously, we covered a on Sibanye Stillwater Limited (SBSW) by Hugo Navarro in February 2025, highlighting its diversified asset base in PGMs, gold, lithium, and recycling, with growth levers despite weak PGM prices. The stock has appreciated by about 130% as PGM prices rebounded. The thesis still stands, and Walter99 shares a similar view but emphasizes SBSW's leverage to a sustained PGM upcycle. Sibanye Stillwater Limited is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held SBSW at the end of the first quarter which was 18 in the previous quarter. While we acknowledge the potential of SBSW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Video: Modric greeted by huge crowd of AC Milan fans
Hundreds of Milan fans crowded in the street to see new signing Luka Modric, who threw his shirt down to the supporters. The midfielder held his presentation press conference this afternoon and you can read his comments here. After that, he was taken to the club's flagship store in Via Dante to meet the fans, and they turned up in their droves. They packed out the street below the window and sang the Croatian's name as they waited for him to pop his head out of the window. He held up his Number 14 jersey and threw out a few of them to the waiting crowd before stepping down to meet some of them in person, sign autographs and pose for selfies. Milan fans give Modric a memorable reception 𝐋𝐮𝐤𝐚. 𝐌𝐨𝐝𝐫𝐢𝐜. 𝟏𝟒. 𝐀𝐂. 𝐌𝐢𝐥𝐚𝐧. 🔥🔴⚫️ 🎥 Alberto Mangili per #milanpress — (@MilanPress_it) August 4, 2025 𝗕𝗔𝗚𝗡𝗢 𝗗𝗜 𝗙𝗢𝗟𝗟𝗔 𝗣𝗘𝗥 𝗠𝗢𝗗𝗥𝗜𝗖 🔴⚫ Store del Milan preso d'assalto dai tifosi rossoneri per incontrare il campione croato — (@MilanNewsit) August 4, 2025 #Modric14 — Daniele Longo (@86_longo) August 4, 2025 𝗜𝗺𝗺𝗮𝗴𝗶𝗻𝗶 𝗮 𝗹𝗼𝗿𝗼 𝗺𝗼𝗱𝗼 𝘀𝘁𝗼𝗿𝗶𝗰𝗵𝗲: 𝗟𝘂𝗸𝗮 𝗠𝗼𝗱𝗿𝗶𝗰 𝗶𝗻𝗰𝗼𝗻𝘁𝗿𝗮 𝗶 𝘁𝗶𝗳𝗼𝘀𝗶 𝗱𝗲𝗹 𝗠𝗶𝗹𝗮𝗻 𝗲 𝘀𝗰𝗮𝗺𝗯𝗶𝗮 𝗳𝗼𝘁𝗼 𝗲 𝗮𝘂𝘁𝗼𝗴𝗿𝗮𝗳𝗶 ❤️🖤 🎥 Alberto Mangili per #Milan #milanpress
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Report – Atalanta Talisman No-Shows Training Amid Inter Milan Transfer Soap Opera
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