Latest news with #DavidShaw
Yahoo
27-07-2025
- Business
- Yahoo
Billionaires Sell Apple Stock and Buy a Stock-Split Stock Up 510% in the Last Decade
Key Points In the first quarter, billionaires David Shaw and Louis Bacon sold Apple and bought O'Reilly Automotive, a stock-split stock up 510% in the last decade. Apple is struggling to incorporate artificial intelligence into its business, and the company has gone seven-plus years without a groundbreaking new product. O'Reilly Automotive could be a winner as President Trump's tariffs encourage consumers to service older vehicles rather than purchasing new ones. 10 stocks we like better than Apple › The hedge fund billionaires listed below sold Apple (NASDAQ: AAPL) during the first quarter and bought O'Reilly Automotive (NASDAQ: ORLY), a company whose share price rocketed 510% over the last decade, leading to a 15-for-1 stock split in early June. David Shaw's D.E. Shaw & Co. sold 340,900 shares of Apple, trimming its stake by 6%. The hedge fund also added 19,000 shares of O'Reilly Automotive, though it remains a very small holding. Louis Bacon's Moore Capital Management sold 495,800 shares of Apple, cutting its stake 97%. The hedge fund also purchased 240 shares of O'Reilly Automotive, starting a very small position. Importantly, both hedge funds still have exposure to Apple, and neither has an especially large position in O'Reilly Automotive. But investors should still consider both trades for their own portfolios. Here's why. 1. Apple Apple has durable brand moat built on design expertise that spans hardware and software. The company once again led the market in smartphone revenue in the March quarter, and it posted double-digit sales growth in its services segment due to strength in advertising, the App Store, and cloud storage. But its overall performance was still uninspiring. Revenue rose 5% to $95 billion, and generally accepted accounting principles (GAAP) net income climbed 5% to $24.8 billion. Importantly, Apple has struggled to incorporate artificial intelligence (AI) into its business. Analysts thought the suite of generative AI features added last year (i.e., Apple Intelligence) would catalyze a massive iPhone upgrade cycle, but the consumer response has so far been underwhelming, perhaps because the company has repeatedly delayed highly anticipated AI upgrades to its digital assistant Siri. Apple's failure to monetize AI speaks to a larger problem: The company has seemingly lost its capacity for innovation. After a long stint of very successful product launches -- the iPhone in 2007, the iPad in 2010, the Apple Watch in 2015, and AirPods in 2017 -- Apple has now gone seven-plus years without a noteworthy new product. And its inability to capitalize on soaring demand for AI is a troubling continuation of that pattern. Wall Street expects Apple's earnings to increase at 11% annually over the next three years. That already makes the current valuation of 33 times earnings look expensive, but analysts may be overestimating. Apple's earnings compounded at less than 2% annually during the last three years despite the company repurchasing 8% of its outstanding shares. Put differently, had Apple not repurchased any stock during the last three years, earnings would have declined nearly 5% in that period. And with no clear catalysts on the horizon, earnings growth is likely to be meager in the coming years. Investors should avoid the stock right now, and shareholders with especially large positions should consider trimming. 2. O'Reilly Automotive O'Reilly Automotive is one of the largest specialty retailers of aftermarket automative parts, tools, equipment, and accessories. The company operates more than 6,400 stores across North America, serving both do-it-yourself (DIY) and professional customers. It also has a robust distribution network that allows "timely access to a broad range of products," which helps the company retain customers. Importantly, while O'Reilly will be impacted by tariffs on imported automobiles and parts, duties imposed by the Trump administration could actually be a net win for the company. That's because the 25% tax on imported automobiles will raise car prices, encouraging consumers to service older vehicles rather than purchasing new ones. Furthermore, the average interest rate on U.S. auto loans has almost doubled in the last four years. O'Reilly reported encouraging Q2 financial results. Revenue rose 6% to $4.5 billion, driven by 67 new store openings and 4.1% same-store sales growth. Meanwhile, GAAP earnings jumped 11% to $0.78 per diluted share, outpacing revenue growth because the company repurchased 6.8 million shares. Management also raised full-year guidance, such that earnings are forecast to increase 9% in 2025. Wall Street expects O'Reilly's earnings to increase at 10% annually during the next three to five years. That makes the current valuation of 36 times earnings look relatively expensive. Nevertheless, I think investors should consider buying a small position in this stock today. And if the share price declines, they should consider building a bigger position at a more reasonable valuation multiple. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Trevor Jennewine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. Billionaires Sell Apple Stock and Buy a Stock-Split Stock Up 510% in the Last Decade was originally published by The Motley Fool 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
Globe and Mail
26-07-2025
- Business
- Globe and Mail
Billionaires Sell Apple Stock and Buy a Stock-Split Stock Up 510% in the Last Decade
Key Points In the first quarter, billionaires David Shaw and Louis Bacon sold Apple and bought O'Reilly Automotive, a stock-split stock up 510% in the last decade. Apple is struggling to incorporate artificial intelligence into its business, and the company has gone seven-plus years without a groundbreaking new product. O'Reilly Automotive could be a winner as President Trump's tariffs encourage consumers to service older vehicles rather than purchasing new ones. 10 stocks we like better than Apple › The hedge fund billionaires listed below sold Apple (NASDAQ: AAPL) during the first quarter and bought O'Reilly Automotive (NASDAQ: ORLY), a company whose share price rocketed 510% over the last decade, leading to a 15-for-1 stock split in early June. David Shaw's D.E. Shaw & Co. sold 340,900 shares of Apple, trimming its stake by 6%. The hedge fund also added 19,000 shares of O'Reilly Automotive, though it remains a very small holding. Louis Bacon's Moore Capital Management sold 495,800 shares of Apple, cutting its stake 97%. The hedge fund also purchased 240 shares of O'Reilly Automotive, starting a very small position. Importantly, both hedge funds still have exposure to Apple, and neither has an especially large position in O'Reilly Automotive. But investors should still consider both trades for their own portfolios. Here's why. 1. Apple Apple has durable brand moat built on design expertise that spans hardware and software. The company once again led the market in smartphone revenue in the March quarter, and it posted double-digit sales growth in its services segment due to strength in advertising, the App Store, and cloud storage. But its overall performance was still uninspiring. Revenue rose 5% to $95 billion, and generally accepted accounting principles (GAAP) net income climbed 5% to $24.8 billion. Importantly, Apple has struggled to incorporate artificial intelligence (AI) into its business. Analysts thought the suite of generative AI features added last year (i.e., Apple Intelligence) would catalyze a massive iPhone upgrade cycle, but the consumer response has so far been underwhelming, perhaps because the company has repeatedly delayed highly anticipated AI upgrades to its digital assistant Siri. Apple's failure to monetize AI speaks to a larger problem: The company has seemingly lost its capacity for innovation. After a long stint of very successful product launches -- the iPhone in 2007, the iPad in 2010, the Apple Watch in 2015, and AirPods in 2017 -- Apple has now gone seven-plus years without a noteworthy new product. And its inability to capitalize on soaring demand for AI is a troubling continuation of that pattern. Wall Street expects Apple's earnings to increase at 11% annually over the next three years. That already makes the current valuation of 33 times earnings look expensive, but analysts may be overestimating. Apple's earnings compounded at less than 2% annually during the last three years despite the company repurchasing 8% of its outstanding shares. Put differently, had Apple not repurchased any stock during the last three years, earnings would have declined nearly 5% in that period. And with no clear catalysts on the horizon, earnings growth is likely to be meager in the coming years. Investors should avoid the stock right now, and shareholders with especially large positions should consider trimming. 2. O'Reilly Automotive O'Reilly Automotive is one of the largest specialty retailers of aftermarket automative parts, tools, equipment, and accessories. The company operates more than 6,400 stores across North America, serving both do-it-yourself (DIY) and professional customers. It also has a robust distribution network that allows "timely access to a broad range of products," which helps the company retain customers. Importantly, while O'Reilly will be impacted by tariffs on imported automobiles and parts, duties imposed by the Trump administration could actually be a net win for the company. That's because the 25% tax on imported automobiles will raise car prices, encouraging consumers to service older vehicles rather than purchasing new ones. Furthermore, the average interest rate on U.S. auto loans has almost doubled in the last four years. O'Reilly reported encouraging Q2 financial results. Revenue rose 6% to $4.5 billion, driven by 67 new store openings and 4.1% same-store sales growth. Meanwhile, GAAP earnings jumped 11% to $0.78 per diluted share, outpacing revenue growth because the company repurchased 6.8 million shares. Management also raised full-year guidance, such that earnings are forecast to increase 9% in 2025. Wall Street expects O'Reilly's earnings to increase at 10% annually during the next three to five years. That makes the current valuation of 36 times earnings look relatively expensive. Nevertheless, I think investors should consider buying a small position in this stock today. And if the share price declines, they should consider building a bigger position at a more reasonable valuation multiple. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
Associated Press
17-06-2025
- Sport
- Associated Press
Stadium planned for Tampa Bay Sun of the USL Women's Super League
The USL Women's Super League champion Tampa Bay Sun announced an ambitious plan for their own 15,000-seat stadium, joining a growing trend of facilities being built specifically for women's sports. The project announced Tuesday would be the first stadium for a team in the Women's Super League, which sits on the top tier of women's soccer in the United States alongside the National Women's Soccer League. The expected cost and timeline for the project, which includes the new headquarters for the USL, have not been disclosed. The stadium would be part of a 33-acre project in Tampa's historic Ybor City district by developer David Shaw, who is also Tampa Bay's majority owner. The area was once considered for a new Tampa Bay Rays stadium. 'We believe in the power of sport to inspire, unite, and drive meaningful change,' Shaw said in a statement. 'By anchoring this historic neighborhood with a vibrant home for women's professional soccer, we're investing in our city's future and honoring the community that makes it thrive.' The Tampa Bay Sun won the Super League's inaugural championship on Saturday with a 1-0 victory over Fort Lauderdale United. The eight-team league, which kicked off last fall, will be joined by a ninth team next season. The NWSL's Kansas City Current built the first women's soccer stadium, CPKC Stadium, which opened last year. The expansion NWSL team in Denver, which will begin play next season, has announced its plans to build a stadium. Brighton of the Women's Super League in England won local approval for a stadium in 2023 but there's no current timeline for construction. Other women's teams are investing in building their own facilities, too. The WNBA's Indiana Fever in January announced a $78 million training facility that will open in 2027, giving the team its own space apart from the NBA's Pacers. ___ AP sports:
Yahoo
14-05-2025
- Sport
- Yahoo
Report: Detroit Lions will play Green Bay Packers Week 1 at Lambeau Field
The Detroit Lions will open the season on the road against one of their NFC North rivals. The Lions play the Green Bay Packers at Lambeau Field in a 4:25 p.m. game on the first Sunday of the regular season, according to Fox Sports. Detroit Lions wide receiver Amon-Ra St. Brown (14) leaps into Lions fans as they celebrate 24-14 win over Green Bay Packers at Lambeau Field in Green Bay, Wis. on Sunday, Nov. 3, 2024. The schedule leak lines up with other Week 1 games in the NFL this fall, where the league appears to favoring division games. The NFL previously announced the defending Super Bowl champion Philadelphia Eagles will open the season Sept. 4 against their NFC East rival Dallas Cowboys, and the Los Angeles Chargers reportedly will play their AFC West rival Kansas City Chiefs in Brazil on Sept. 5. Advertisement The Lions went 15-2 in the regular season last year and a perfect 6-0 in the division. They finished with the best regular season record in the NFC, but lost to the Washington Commanders in the divisional round of the playoffs. The Lions beat the Packers, 24-14, at Lambeau Field last November and 34-31 in a Thursday night game at Ford Field in December. More: Lions assistant David Shaw back in NFL after college layover: 'Always in the back of my mind' The Packers are coming off an 11-6 season that was good for third place in the NFC North and lost in the first round of the playoffs to the Eagles. Advertisement Lions president Rod Wood at the league's annual meeting in March he expects the team to max out on primetime games this season. The Lions have the third most difficult schedule in the NFL this fall as judged by Las Vegas win total predictions, according to Sharp Football. Their road schedule includes games against all three division opponents the Packers, Minnesota Vikings and Chicago Bears, plus trips to 2024 playoff teams the Eagles, Washington Commanders, Baltimore Ravens, Kansas City Chiefs and Los Angeles Rams. They also play Joe Burrow and the Cincinnati Bengals on the road. "You're always looking for these nuggets, man, of motivation and that's it," Lions coach Dan Campbell said in March. "This is a challenge. We're competitive, I'm competitive and so, yeah, I love the thought of (playing that road schedule). These are going to be outdoor grass. I hope it rains, it's mud, it's everything, right? The whole deal. And it is, we're in a meat grinder. This is going to be a meat grinder and I've said this before, we could be a better team than we were last year and have more losses. There is a chance that could happen. That's OK. It's OK. As long as we learn from what those are and we get better coming out of them, we'll be good." Dave Birkett is the author of the book, "Detroit Lions: An Illustrated Timeline." Order your copy here. Contact him at dbirkett@ Follow him on Bluesky, X and Instagram at @davebirkett. This article originally appeared on Detroit Free Press: Report: Detroit Lions will open 2025 season at Green Bay Packers
NBC Sports
14-05-2025
- Sport
- NBC Sports
David Shaw says he "probably turned down three" NFL interviews a year as Stanford coach
After spending over a decade as head coach at his alma mater, Stanford, David Shaw made his way back to the pros as a senior personnel advisor for the Broncos last year. But Shaw has put his coaching hat back on for 2025, as he'll serve as Detroit's passing game coordinator. It's been two decades since Shaw was last an NFL coach, though he's apparently had several opportunities to return to the league. Shaw told reporters on Tuesday that on average, he 'probably turned down three' NFL interviews a year during his first decade as Stanford's head coach. 'I had a great job and I wanted to get the most out of it,' Shaw said, via Dave Birkett of the Detroit Free Press. 'So that was the thing for me was I always wanted to go back to the NFL, but so much of is about timing and I loved what I was doing. I loved where I was doing it and I loved who I was doing it with. 'And for a decade, we were a top-10 winning team, which not only Stanford but no academically high-ranking team has ever had a run like that. And I wanted to finish that run, knowing that whatever was next was going to be next.' Now Shaw is with Detroit, coaching alongside offensive coordinator John Morton — who called Shaw his best friend. The two first worked together with the Raiders back in 1998, and Morton said landing Shaw is 'a big deal for me because he's my soundboard.' With the Lions, Shaw says he doesn't want to 'disturb any of the positives' from the last few years when the offense was led by now-Bears head coach Ben Johnson. 'We're not saying we're going to come back and do a carbon copy of last year,' Shaw said. 'Last year's dead. It's gone. It's in the history books. We got a chance to write another chapter, so we're not going to be ogling at what happened last year. 'We're also not going to be held to it, either. Brand new year, different players, different coaches, different opponents. So it's really taking stock in who we have and what we have and make sure that we get the most out of everybody in the building. Coaches, players, everybody.'
