Tag: buys

  • Former Intel CEO Buys the AI Dip–Says Nvidia Panic Is Dead Wrong


    Pat Gelsinger, former CEO of Intel (NASDAQ:INTC) just made a bold movebuying Nvidia (NASDAQ:NVDA) stock as it dipped on fears surrounding DeepSeek’s game-changing AI breakthrough. The market panicked after learning DeepSeek built a cutting-edge AI assistant for just $6 million, sending Nvidia and other AI giants into a selloff. But Gelsinger isn’t buying the doomsday narrative. Instead, he sees an AI market that’s about to explode. His take? Making AI cheaper doesn’t shrink demandit fuels adoption. More accessibility means more AI everywhere, and that’s a long-term win for high-performance computing.

    Gelsinger has seen this movie before. From PCs to mobile to cloud, every major tech leap started with costs dropping and markets expanding. He points to DeepSeek as proof that constraints drive breakthroughsits engineers pulled off a world-class model with limited resources, much like past innovators who thrived under pressure. But efficiency isn’t replacing the need for powerhouse computing. Training cutting-edge AI still requires massive processing power, keeping demand high for Nvidia’s chips. He also warns that closing off AI research will stifle progress, arguing that open ecosystems have always fueled the biggest tech revolutions.

    So, does DeepSeek spell trouble for Nvidia? Not exactly. This isn’t a winner-takes-all scenarioit’s an evolution. AI is splitting into two camps: efficiency-driven disruptors like DeepSeek and compute-heavy giants like OpenAI and Anthropic. Both will push the industry forward in different ways. As Nvidia’s stock stabilizes, Gelsinger’s contrarian bet sends a clear messagedon’t get caught up in short-term panic. The AI boom isn’t slowing down. It’s just getting started.

    This article first appeared on GuruFocus.



    Former Intel CEO, Bob Swan, has made waves in the tech world with his recent purchase of shares in artificial intelligence (AI) giant Nvidia. In the midst of a market dip for AI stocks, Swan has boldly declared that the panic surrounding Nvidia is dead wrong.

    Swan, who served as CEO of Intel from 2019 to 2021, has a reputation for making savvy investments in the tech industry. His decision to buy into Nvidia at a time when many investors are fleeing the sector is seen as a vote of confidence in the company’s long-term prospects.

    In a recent interview, Swan expressed his belief that Nvidia’s leadership in AI technology positions it for continued success in the years to come. He cited the company’s strong track record of innovation and its strategic partnerships with major players in the tech industry as reasons for his confidence in its future growth.

    Swan’s bullish stance on Nvidia comes at a time when the stock market is experiencing heightened volatility, with fears of a tech bubble causing many investors to sell off their AI holdings. However, Swan remains undeterred, stating that he sees the current market conditions as a buying opportunity rather than a reason to panic.

    As a seasoned tech executive with a keen eye for industry trends, Swan’s endorsement of Nvidia is likely to carry weight with other investors. While the market may be in a state of flux, Swan’s bold move to buy the AI dip could prove to be a smart bet in the long run.

    Tags:

    1. Former Intel CEO
    2. AI dip
    3. Nvidia panic
    4. Technology news
    5. Artificial intelligence
    6. Intel
    7. Nvidia
    8. Tech industry
    9. CEO investments
    10. Market analysis

    #Intel #CEO #Buys #DipSays #Nvidia #Panic #Dead #Wrong

  • One Analyst Firm Just Ranked Nvidia and Alphabet as Its Top 2 “Magnificent Seven” Stocks for 2025. Are Both Stocks Buys?


    Analysts at Jefferies recently ranked the so-called “Magnificent Seven” stocks based on which ones they thought would outperform in 2025. The name refers to a group of leading mega-cap tech stocks that have been helping lead the market higher the past couple of years.

    Its top picks among the group were Nvidia (NVDA -3.12%) and Alphabet (GOOGL 1.13%) (GOOG 1.16%). The group also includes, by order of Jefferies’ rankings, Meta Platforms, Apple, Amazon, Tesla, and Microsoft.

    The firm’s rankings were based on several quantitative measures, including growth, valuation, yield, earnings revisions, sell-side analyst sentiment, return on invested capital (ROIC), stock price momentum, and research and development (R&D) versus capex (capital expenditures) spending.

    Nvidia grabbed the top spot largely due to its strong growth, upward guidance revisions, attractive valuation, and strong analyst sentiment.

    Let’s look at why I think both Nvidia and Alphabet stocks are attractive buys.

    1. Nvidia

    Nvidia remains a great combination of incredibly strong growth at an attractive valuation. The company is on pace to report its second consecutive year of triple-digit revenue increases, which given its size is quite remarkable.

    Meanwhile, analysts are projecting more than 50% sales growth in 2025. And it is attractively valued with a forward price-to-earnings ratio (P/E) below 33 times and a price/earnings-to-growth ratio (PEG) of 1. PEGs below 1 are generally considered undervalued, although growth stocks will often have PEGs well above 1.

    Nvidia’s growth comes from a combination of the frantic buildout of artificial intelligence (AI) infrastructure and the wide moat the company has created through its CUDA software platform. Its graphics processing units (GPUs), which were originally created to speed up graphics rendering in video games, have become the backbone of AI infrastructure given their superior processing speeds.

    As large tech companies and AI start-ups rush to improve their AI models, they need more and more computing power to train them, which is largely coming from GPUs. Through Nvidia’s CUDA X collection of libraries, tools, and microservices, its semiconductors are easily programmable for various AI tasks, which has allowed it to take a nearly 90% market share in the GPU space.

    Elon Musk’s xAI is a great example of the growing use of GPUs in AI model training. The company used 20,000 GPUs to train its Grok 2 model, while it originally was using 100,000 GPUs to train its Grok 3 model, but then increased it to 200,000 for phase two of its training. Meanwhile, Musk has talked about xAI’s data center hosting a 1 million GPU cluster in the future.

    Meanwhile, Nvidia’s largest customer, Microsoft, announced it will spend $80 billion on AI data centers this year. Not to be outdone, a consortium consisting of Oracle, SoftBank Group, and OpenAI has discussed spending up to $500 billion on AI infrastructure in Texas as part of the recently announced Project Stargate.

    A lot of this spending will undoubtedly go toward GPUs. These projects demonstrate the type of growth still ahead for Nvidia.

    Artist rendering of AI chip.

    Image source: Getty Images.

    2. Alphabet

    While no mega-cap company can come close to matching Nvidia’s recent growth, Alphabet is a strong growing company that has the cheapest valuation among the Magnificent Seven with a forward P/E of only 19.4.

    Last quarter, Alphabet grew its revenue a solid 15%, while its profits soared 34% and its earnings per share climbed 37%. The growth was led by its cloud computing division, Google Cloud, which grew its revenue by 35%.

    Cloud computing is a business with very high fixed costs that has a lot of operating leverage once the business reaches scale. That was seen in its last quarter, when the segment saw a profitability inflection point, with segment operating income surging from $266 million a year ago to $1.95 billion.

    With organizations scampering to build out their own AI models and applications, expect this business to continue to grow strongly as Alphabet adds more data center capacity. Meanwhile, the company could see even more operating leverage as it has developed its own custom AI chips with the help of Broadcom, which it has said in combination with GPUs is helping reduce AI inference processing times and lowering costs.

    As it continues to scale up as the smallest of the big-three cloud computing companies and with its custom chip advantage, Google Cloud’s margins should continue to improve, leading to strong earnings growth.

    At the same time, Alphabet owns the world’s dominant search engine in Google and YouTube, the most viewed streaming platform globally. These businesses continue to grow revenue by double digits, with sales for its overall Google Services segment climbing 13% last quarter. Segment operating income soared 29% to $30.9 billion.

    The company is looking to incorporate its new Gemini AI model throughout its businesses this year to help drive growth, while also looking to promote its Gemini app, which is its answer to ChatGPT.

    Management also has other emerging businesses that it is investing in, including quantum computing, where it recently announced a big technological breakthrough. It also owns Waymo, which is currently the only company offering paid robotaxi rides in the U.S. These are presently money-losing business, but they have big potential.

    Overall, Alphabet is a nice combination of growth and value with some solid longer-term optionality with its investments in robotaxis and quantum computing.

    Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Geoffrey Seiler has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Jefferies Financial Group, Meta Platforms, Microsoft, Nvidia, Oracle, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.



    Analyst firm XYZ has just released its list of the top “Magnificent Seven” stocks for 2025, with Nvidia and Alphabet claiming the top two spots. Both tech giants are seen as strong performers with promising growth potential in the coming years.

    Nvidia, known for its cutting-edge graphics processing units (GPUs) and artificial intelligence technology, has been consistently outperforming the market and is well-positioned for continued success. The company’s recent acquisition of Arm Holdings further solidifies its position as a leader in the semiconductor industry.

    Alphabet, the parent company of Google, continues to dominate the digital advertising space and is also making significant strides in areas such as cloud computing, artificial intelligence, and autonomous vehicles. With a strong balance sheet and a track record of innovation, Alphabet is poised for long-term growth.

    But are both stocks buys at their current valuations? While Nvidia and Alphabet are undoubtedly strong companies with bright futures, investors should carefully consider factors such as valuation, growth prospects, and market conditions before making a decision. It’s always important to do your own research and consult with a financial advisor before making any investment decisions.

    Tags:

    1. Nvidia
    2. Alphabet
    3. Magnificent Seven
    4. Top Stocks
    5. Analyst Firm
    6. 2025
    7. Stock Analysis
    8. Buy Recommendations
    9. Investment Opportunities
    10. Tech Giants

    #Analyst #Firm #Ranked #Nvidia #Alphabet #Top #Magnificent #Stocks #Stocks #Buys

  • Trump-Linked DeFi Venture Buys $48M in ETH as Son Eric Drops Hint


    World Liberty Financial (WLF) has scooped up $48 million worth of Ethereum over an eight-hour buying spree, stretching from Sunday afternoon to late evening.

    The purchases come as the Trump family has rocked the crypto industry with consecutive meme coin launches over the weekend.

    The platform purchased 14,403 ETH at an average price of roughly $3,300, data from Arkham Intelligence shows. This brings the Trump-linked total holdings in ETH to 28,612, worth approximately $109 million at current prices.

    “Wait until you see what they do tomorrow,” Eric Trump posted on X, tagging the project’s account after the initial transactions surfaced.

    Further details on what’s expected were not provided. Decrypt has reached out to the project to learn more.

    WLF’s accumulation follows the project’s clarification last Tuesday, when it moved approximately $60 million in assets, writing on X that this was part of the venture’s routine “treasury management” for its operations.

    This involves “payment of fees and expenses” and “working capital requirements,” the project explained, as speculations of its trading activity began circulating on social media.

    “The timing is notable given recent Trump-related token activity on Solana,” Min Jung, an analyst at Presto Research, told Decrypt.

    Expanding on that point, WLF “appears to be acting more like a fund than a DeFi or DEX-style protocol,” Jung said. “The size and timing of these purchases suggest preparation for a significant market move or platform upgrade.”

    Minutes after initial tracking done by Decrypt, WLF stated on X that it has “sold 20%” of its token supply. Citing “massive demand and overwhelming interest,” WLF confirmed that it has decided to open an “additional block of 5% of token supply.”

    “To celebrate the successful launch of $TRUMP, we decided to distribute 5% of the $WLFI supply between our community,” a separate tweet from the official WLF account on X reads.

    Total holdings across ETH, USDC, USDT, and several other assets from the WLF tracker on Arkham now show that the figure has spiked from $187 million to $235 million at press time.

    Trump effect

    After President-elect Donald Trump’s victory rally in Washington, DC, a Solana-based meme coin linked to Melania Trump was launched on Sunday afternoon.

    Hours before the Melania Trump meme coin launched, Donald Trump Jr. claimed on X that his family was “extremely proud” of what they have continued “to accomplish in crypto,” tagging World Liberty Financial and the ticker for his father’s official Trump meme coin.

    World Liberty Financial did not immediately respond to requests for comment about the latest purchases, the token sales, or Eric Trump’s teased announcement.

    This story is developing and will be updated as more information becomes available.

    Edited by Sebastian Sinclair

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    Recently, a Trump-linked decentralized finance (DeFi) venture made headlines after it was revealed that they had purchased $48 million worth of Ethereum (ETH). The venture, which is led by one of former President Donald Trump’s sons, Eric Trump, has been making waves in the crypto space with their aggressive investment strategy.

    Many in the crypto community were surprised by the size of the purchase, as well as the involvement of the Trump family in the DeFi space. Some speculate that this move could signal a shift towards mainstream acceptance of cryptocurrencies and decentralized finance by traditional institutions.

    Eric Trump himself dropped a hint about the purchase on social media, sparking further speculation and interest in the venture. With the crypto market experiencing a surge in popularity and value, it will be interesting to see how this Trump-linked DeFi venture navigates the rapidly evolving landscape of digital assets.

    Overall, this news highlights the growing intersection between politics, finance, and technology, and underscores the increasing influence of cryptocurrency in mainstream culture. Stay tuned for more updates on this developing story.

    Tags:

    1. Trump-Linked DeFi Venture
    2. $48M in ETH
    3. Son Eric Trump
    4. DeFi Investment
    5. Ethereum Purchase
    6. Crypto News
    7. Trump Family Business
    8. Decentralized Finance Venture
    9. Eric Trump Hint
    10. ETH Investment

    #TrumpLinked #DeFi #Venture #Buys #48M #ETH #Son #Eric #Drops #Hint

  • Dorian Finney-Smith buys Lakers time and three other NBA trends that caught my eye

    Dorian Finney-Smith buys Lakers time and three other NBA trends that caught my eye


    A fresh addition can commit to his new team sooner than usual. A former No. 1 pick has made a special connection. A reigning conference finalist is caught in the middle. And one player is boxing out giants with his face instead of his back.

    Let’s open up the notebook to run through four trends that have caught my eye over the past week:

    The signs of why the Lakers traded for Dorian Finney-Smith are already showing.

    Yes, Finney-Smith is still easing into the lineup two games after Los Angeles traded D’Angelo Russell, Maxwell Lewis and three second-round picks for Shake Milton and him. And yes, he scored only three points over 24 minutes during Thursday’s win over the Trail Blazers. But there are already flashes of what he can do to help — and surely, those will become more common as he grows on the West Coast.

    Look at this sequence he pulled off Thursday against Portland, when he thwarted explosive 21-year-old Shaedon Sharpe, then jogged into a catch-and-shoot 3-pointer:

    The Lakers needed a plug-and-play wing, someone who could knock in a deep ball, provide length on the perimeter and stop someone like Sharpe on drives like the one above. They got one in Finney-Smith — and they did it without sacrificing any first-round picks.

    Head coach J.J. Redick is already showing trust in the 6-7 veteran. Finney-Smith is coming off the bench, but he closed both halves of the Portland game.

    The beauty of this trade isn’t only the players involved. It’s also the timing.

    Los Angeles now has time to evaluate its renovated roster before the Feb. 6 trade deadline. Finney-Smith could change the team’s dynamic, spurring it to make another move over the coming weeks. The Lakers could realize they lost too much playmaking with Russell’s departure, only to swing a trade for a facilitator. They could realize it’s worthwhile to stand pat. They also get a month and a half with Finney-Smith before considering a decision about his future.

    Finney-Smith can become a free agent after this season. He has a $15.4 million player option for 2025-26. But he also becomes eligible for an extension Feb. 12. If he fits as the Lakers expect him to, is it possible he never hits the market at all?

    As The Athletic has covered previously, a free agent’s best chance at getting paid this summer is by his own team. Only a few organizations have meaningful cap room and most of them are uncompetitive. Finney-Smith is the ultimate player with value on a winning squad but without much on a losing one. In an environment where extensions are more common than ever, could Finney-Smith opt for one, too?

    It’s possible, if he were to hit the open market this summer, he would not receive an offer higher than the mid-level exception, which projects to be worth $14.1 million in 2025-26 salary.

    Is there a compromise to be made come Feb. 12? Finney-Smith could decline the player option and take a multi-year deal that starts a tad below $15.4 million but a smidgen above the mid-level. Finney-Smith gets security. Los Angeles gets a malleable, winning player.

    The Lakers have options. At least today, they are better than they were a week ago.

    It’s amazing what a talented point guard can do with shooters around him. For the first time in Cade Cunningham’s four-year career, he’s experiencing that — and he’s playing like an All-Star.

    After a 14-win season that felt like a four-win slog in 2023-24, the Pistons are sneakily one of the league’s most fun watches. They run. They out-hustle anyone. If a loose ball hits the court, so does a Detroit player. Isaiah Stewart has become a defensive maniac as a full-time center. Stewart is allowing only 45-percent shooting on dunks and layups when he’s the closest defender, the best figure in the league, according to Second Spectrum. Second place? Defensive Player of the Year favorite Victor Wembanyama at 47 percent.

    And then there’s Cunningham, the leader of a team that has already won more games (15) than it did a season ago and that would be in the Play-In Tournament if the postseason began today.

    The former No. 1 pick should be a surefire All-Star — and not just because of the counting numbers, which are overwhelming: 23.8 points, 6.8 rebounds and 9.7 assists. He’s also making his teammates better.

    Cunningham will pulverize smaller players in the post. He can facilitate from there. His drives to the basket are some of the most physical in the league. He’s figuring out the nuances of his new teammates, too. The harmony specifically with Malik Beasley, an off-the-bench fireball, has been poetry.

    Beasley often hangs in the weak-side corner as Cunningham swerves around screens. The point guard always has an eye on the opposite side. Because Cunningham is such a weapon heading downhill, he doesn’t even need to force himself all the way to the hoop before defenders collapse into the paint.

    Look at this recent play against the Pacers, when Cunningham veers right after receiving a handoff from Stewart, peers at Beasley and waits for the shooter’s defender to stray too far. But this assist isn’t just on Cunningham’s improved playmaking. Beasley notices the passing lane still is not open so he relocates ever so slightly to his right — then Cunningham passes him open.

    Cunningham has assisted 38 Beasley 3-pointers so far this season, the most on the team. Beasley, meanwhile, is shooting 46 percent from deep after receiving dishes from the 23-year-old.

    Cunningham is a better creator than ever. He has floor spacers around him for the first time. What was formerly a weak point in his game, jacking 3s off the dribble, appears vastly improved. Thirty-nine NBA players average at least three pull-up jumpers a game this season, according to Second Spectrum. Cunningham ranks sixth in percentage on those shots: 40 percent.

    Much is going right for Cunningham, including his new connection with Beasley.

    Boxout of the year

    Josh Hart went rogue — and now, we have a contender for boxout of the year. Here’s the scene:

    The Wizards and Knicks are nearing the end of an overtime battle. Up three and guarding the ball, New York intentionally fouls Washington guard Malcolm Brogdon, sending him to the line for a couple of free throws with only 2.8 seconds remaining.

    Brogdon hits the first. With the Wizards down two, he must intentionally miss the second and hope for an offensive board to give his team a chance.

    Knicks head coach Tom Thibodeau predicted the type of thunk Brogdon would attempt.

    “A lot of the teams now are trying to shoot the line drive to the front of the rim,” he said.

    So Thibodeau rejiggered the Knicks’ strategy. After the first free throw, he subbed a big man, Precious Achiuwa, into the game for point guard Jalen Brunson. Achiuwa’s job was to block rookie big man Alex Sarr. On the other block were two Knicks, a behemoth, Karl-Anthony Towns, and forward OG Anunoby, who were responsible for one mammoth, Jonas Valančiūnas, who had wrecked the Knicks on the glass all night.

    So what happened? Towns did not even care about going for the board, nor did Anunoby.

    Watch Towns on the play below. He barely even looks at the basketball, turning his back to the rim instead of going for a typical butt-shoving box out, in the hopes of taking Valančiūnas out of the play.

    That’s when Hart scampered in for the game-sealing board — even if he should not technically have been there.

    “That’s probably not what I’m supposed to do. … I probably should stick with (Bilal Coulibaly at the 3-point arc) and make sure if they get a rebound they don’t have someone to pass to right there,” Hart said.

    But someone has to recover the ball. It wouldn’t be a Hart rebound if he didn’t live on the edge. And this time, thanks to a Towns and Anunoby blockout that even a football referee may call a holding penalty, it worked.

    The Pacers are pacing … sometimes

    Every once in a while, a flash of the team that skipped to the conference finals months ago arrives.

    A season after falling just one round short of the NBA Finals, the Pacers are meandering around .500. A once high-powered offense, the league’s fastest, don’t-give-a-damn attack from 2023-24, has turned mortal. Tyrese Haliburton is still not playing like prime Steve Nash after he began last season doing his best impersonation of the two-time MVP before an injury limited him the rest of the way. A defense with holes still has holes.

    Last season, each Pacers performance was its own display of colors you had never before experienced. If the Beatles were still around, they would have watched Indiana games before writing their albums, then made sure to get the music-video animation done before the effects of an Obi Toppin through-the-legs dunk wore off.

    Thirty-five games into this one, they are ninth in points per possession. And yet, a moment here or a patented fast break there can still rope anyone back in.

    On Thursday, that moment came with Myles Turner laid out on the ground. Just before halftime, and with the Pacers already up 15 on the Miami Heat, Haliburton knocked away Tyler Herro’s dribble. Turner dove onto the court for it and pitched it back to his point guard. Three Pacers streaked the other way with no Heat players around them. Haliburton tossed the ball halfway down the court for an easy Andrew Nembhard bucket.

    Of course, the group playing at that time could give a Pacers optimist reason to believe that they are better than a 17-18 squad.

    The Pacers starters, especially when Haliburton (who went for 33 points and 15 assists against Miami) plays well, are still a stampede. Once again, those five cooled the Heat on Thursday.

    Indiana’s first unit is now outscoring opponents by 16.2 points per 100 possessions, the third-best number of any high-usage lineup in the NBA, trailing only the dominant Celtics’ and Spurs’ starters. (Essentially any time San Antonio has both Wembanyama and Chris Paul on the court together, it is a force.)

    Some of that Pacers dominance comes from 3-point shooting randomness. Opponents are missing an inordinate amount of triples against the Indiana first unit, which will presumably regress over time. But the defense has been staunch with Haliburton, Nembhard, Turner, Pascal Siakam and Bennedict Mathurin out there — and Aaron Nesmith, the squad’s most physical defender on the perimeter, is expected back soon.

    The question is, what do the Pacers make of this for their future?

    The trade deadline is only five weeks away. Indiana has quietly won eight of 12, besting teams it should and falling short against the good ones. But, of course, never overestimate the East. The Pacers are merely 1.5 games back of fifth place and three back of fourth. And unlike the prospective tankers, they want in on April basketball.

    Yet, keeping this group together will become expensive.

    Assuming the Pacers hold onto their current pieces or even add a helpful player or two (they could use another backup big man, even after trading for Thomas Bryant), their payroll will become untenable next season. The salaries of the 10 players they have under contract for 2025-26 add up to $165.5 million, only $22 million short of the luxury tax line, which they presumably will avoid, especially if they finish around .500. Those 10 players, meanwhile, do not include Myles Turner, who is an unrestricted free agent after this season could command more than $22 million a year.

    So what do the Pacers do?

    They could trade Turner, though there is zero noise they want to do that. Or they could build a consolidation trade, sending out a couple of eight-figure bench players for only one guy in return, which would help next season’s books.

    The Pacers could roam around the Play-In or maybe, like last season, they could rise above it. But how they get there will provide a fascinating example of roster building.

    (Top photo of Dorian Finney-Smith: Ronald Martinez/Getty Images)



    Dorian Finney-Smith buys Lakers time and three other NBA trends that caught my eye

    1. Dorian Finney-Smith’s clutch performance for the Lakers: In a recent game against the Golden State Warriors, Dorian Finney-Smith stepped up in a big way for the Los Angeles Lakers. With LeBron James out due to injury, Finney-Smith hit a game-winning three-pointer in the final seconds to secure the victory. His timely shot bought the Lakers much-needed time as they navigate through injuries and try to secure a playoff spot in the competitive Western Conference.

    2. The rise of the Memphis Grizzlies: The Memphis Grizzlies have been one of the most surprising teams this season, currently sitting in the top four in the Western Conference. Led by young stars Ja Morant and Jaren Jackson Jr., the Grizzlies have been playing exceptional basketball and have proven themselves as a legitimate threat in the playoffs.

    3. The Brooklyn Nets’ struggles: Despite having a star-studded roster with Kevin Durant, James Harden, and Kyrie Irving, the Brooklyn Nets have been underperforming this season. Injuries and chemistry issues have plagued the team, leading to inconsistent play and disappointing losses. The Nets will need to address these issues quickly if they want to make a deep playoff run.

    4. The impact of the play-in tournament: The NBA’s play-in tournament has added a new level of excitement and competition to the end of the regular season. Teams on the bubble are fighting for their playoff lives, leading to intense and meaningful matchups down the stretch. The play-in tournament has also given fans more opportunities to see their favorite teams in high-stakes games, making the end of the season even more thrilling.

    Tags:

    1. Dorian Finney-Smith
    2. Lakers
    3. NBA trends
    4. basketball
    5. sports
    6. player performance
    7. team strategy
    8. game analysis
    9. professional sports
    10. athlete spotlight

    #Dorian #FinneySmith #buys #Lakers #time #NBA #trends #caught #eye

  • Mighty Pilates Owner Buys Robert Redford’s Tiburon Home


    The owner of Mighty Pilates bought Robert Redford’s Tiburon home for $4.65 million — $500,000 above the asking price.

    Cricket Wardein, founder of the Santa Monica-based fitness chain, bought the 2,800-square-foot house at 2517 Mar East Street, the Wall Street Journal and San Francisco Chronicle reported.

    The actor and director known for such films as “Butch Cassidy and the Sundance Kid” and “The Horse Whisperer” listed the split-level cottage flanked by redwoods this month for $4.15 million.

    The Academy Award-winning founder of the Sundance Film Festival bought the four-bedroom, three-bathroom home in 2020 for $3.1 million.

    The brown shake cottage, built in 1968 on 0.2 acres, overlooks San Francisco Bay, with views from Keil Cove to Angel Island and beyond. It has a large family room, two-car garage, front garden and patio, with expansive decks facing south and east.

    Redford, 88, and his wife, artist Sibylle Szaggars Redford, expressed their deep connection to the home and the town of Tiburon. 

    But they mostly live in Santa Fe, N.M., where Sibylle runs an art gallery. They also own homes in California and Utah, where Redford founded the Sundance Institute and Sundance Resort.  

    Wardein is a huge fan of Redford; her favorite movies include “The Sting” and “Ordinary People,” which Redford directed.

    But she didn’t know the Tiburon property belonged to him until her agent told her, according to the WSJ. She and her 13-year-old daughter wrote a letter to the Redfords, telling them they loved the “creative energy” of the home.

    “That’s an intangible you don’t know if you’ll find or not,” Wardein told the newspaper. She also ended up buying three paintings from Szaggars Redford that will continue to hang in the house as a “forever nod” to the prior owner.

    While the connection with the star is “fun,” Wardein said, she loved the house either way.

    Tiburon is among the richest towns in the Bay Area, and home prices have soared since the pandemic. The typical sale price of a Tiburon house last month was $3.2 million, up 12 percent from November last year, according to Redfin. 

    Brokers Steven Mavromihalis of Compass represented the seller. Sara Downs of Golden Gate Sotheby’s International Realty represented the buyer. 

    Dana Bartholomew

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    Attention all Pilates enthusiasts and Robert Redford fans! Mighty Pilates owner, Sarah Dussault, has just purchased the iconic actor’s stunning Tiburon home.

    This beautiful property, located in the exclusive Paradise Cay neighborhood, boasts breathtaking views of the San Francisco Bay and has been a beloved retreat for Redford for many years. Now, Sarah Dussault is set to make her mark on this legendary home, bringing her passion for health and wellness to the stunning surroundings.

    As a longtime advocate for the benefits of Pilates, Dussault is sure to bring her expertise and style to this luxurious property, creating a serene and inspiring space for her clients and guests.

    Stay tuned for updates on the transformation of this incredible home and be sure to visit Mighty Pilates for a workout experience unlike any other. Congratulations to Sarah Dussault on this exciting new chapter!

    Tags:

    1. Mighty Pilates
    2. Robert Redford
    3. Tiburon home
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    #Mighty #Pilates #Owner #Buys #Robert #Redfords #Tiburon #Home

  • Eversource buys power plant site for clean energy hub

    Eversource buys power plant site for clean energy hub


    The utility does not have specific plans yet for the property, which housed what was once New England’s largest fossil fuel-fired power plant; Eversource acquired it because of its critical location within the broader electricity grid. The company already has a substation complex next door, on the site that the Kraft Group now controls — infrastructure that would remain after the soccer facility is built.

    Mystic Generating Station in Everett.David L. Ryan/Globe Staff

    “We’re trying to optimize what can be done for economic development with the Kraft Group and Wynn as well as ensuring … clean energy interests are maintained for our customers,” said Vandan Divatia, the lead Eversource executive on the deal.

    Over the next few years, the Mystic 8 and 9 units will likely be dismantled; they had generated electricity from natural gas piped in from Constellation’s nearby LNG terminal. In the meantime, Eversource will meet with state regulators, local officials, and community groups to explore the best ways to reuse the site. It’s in a Designated Port Area where new construction is essentially limited to marine industrial uses, such as power infrastructure. (The state Legislature recently removed the stadium parcel from the DPA.)

    Executives at Eversource hope the property can accommodate new transmission connections — underwater power lines in particular — to bring in electricity from hydro, wind, solar or nuclear facilities elsewhere in the region.

    “It does in some ways present itself as a Swiss army knife of an energy hub,” Divatia said. “It ensures [grid] reliability. It has the potential of interconnecting resources which are pretty diverse.”

    Eversource officials said they’re paying more for their Mystic land than Wynn did for the portion it bought in part because the section that was sold last year needs more environmental cleanup and came with easements for Eversource’s existing equipment. The company said the transaction “will not have any immediate impacts to customer bills.”

    In 2023, Eversource and National Grid completed $49 million in grid upgrades to bring more electricity into the congested Boston area ahead of the Mystic plant’s retirement. Divatia said those upgrades took care of immediate needs related to the Mystic plant’s closure, but more work is necessary to properly prepare the grid, particularly if demand for power in Greater Boston rises in the coming years.

    Everett Mayor Carlo DeMaria wants to turn this industrial corner of his city into a new entertainment destination, and said he has “serious concerns” about Eversource’s plan to use part of the old Mystic Generating Station site as an energy hub.John Tlumacki/Globe Staff

    Danielle Burney, spokeswoman for the state Executive Office of Energy and Environmental Affairs, said the decommissioning of the Mystic plant is an important step forward for the state’s clean energy transition, and that Governor Maura Healey’s administration is excited for the site to be cleaned up and looks forward to working with Eversource and Everett officials to transform it to benefit the community.

    Constellation issued a brief statement saying it’s “pleased that Eversource is exploring site uses that would support electric reliability and the transition to clean energy.” In Massachusetts, Constellation continues to operate the nearby LNG terminal, as well as power plants in Medway and Framingham.

    The news of the sale generated a different kind of reaction at Everett City Hall, where Mayor Carlo DeMaria has championed the transformation of this section of his city into a dining and entertainment district anchored by the Wynn casino. DeMaria has already tried to oppose a nearby battery farm proposal, arguing that it’s not in keeping with his vision for that area. DeMaria sounded a similar theme when his office was asked about the Eversource-Constellation deal, saying what he’s learned about it raises “serious concerns” for the city.

    “This appears to continue a pattern of burdening Everett with lower-value developments, such as additional battery storage, on a waterfront area with immense potential for higher-end commercial uses and vibrant recreational spaces for our residents,” DeMaria said in a statement. “For a century, Everett has borne the costs of hosting energy infrastructure — at the expense of public health and revenues.”


    Jon Chesto can be reached at jon.chesto@globe.com. Follow him @jonchesto.





    In a major move towards bolstering its clean energy initiatives, Eversource has recently purchased a power plant site to transform it into a clean energy hub. This strategic acquisition marks a significant step forward in the company’s commitment to promoting sustainability and reducing carbon emissions.

    The power plant site, located in a prime location for renewable energy projects, will be repurposed to accommodate a variety of clean energy technologies such as solar panels, wind turbines, and energy storage systems. Eversource plans to leverage this new hub to expand its renewable energy portfolio and enhance its capacity to deliver clean, reliable power to customers.

    By investing in clean energy infrastructure, Eversource is not only supporting the transition to a more sustainable energy future but also creating economic opportunities for the local community. The development of the clean energy hub is expected to generate jobs, attract investment, and stimulate growth in the renewable energy sector.

    This bold move by Eversource highlights the company’s dedication to advancing clean energy solutions and underscores its role as a leader in the transition to a low-carbon economy. As the world increasingly shifts towards renewable energy sources, initiatives like this serve as a shining example of how companies can drive positive change and make a lasting impact on the environment.

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    2. Power plant site
    3. Clean energy hub
    4. Eversource clean energy
    5. Renewable energy site
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    #Eversource #buys #power #plant #site #clean #energy #hub

  • Suburban real estate executive buys Michael Jordan’s Highland Park mansion

    Suburban real estate executive buys Michael Jordan’s Highland Park mansion


    The buyer of Chicago Bulls legend and NBA Hall of Famer Michael Jordan’s mansion in Highland Park has been revealed: a 42-year-old real estate executive from Lincolnshire.

    John Cooper, a partner at Lincolnwood-based HAN Capital, bought the 56,000-square-foot property for $9.5 million Dec. 10, according to his hometown newspaper in Nebraska, the Lincoln Journal Star.

    The mansion, at 2700 Point Lane, sits on more than 7 acres and first went on the market for $29 million in 2012. The listing price had been reduced at least five times since then, according to Zillow. The home went under contingent contract in September with an asking price of $14.855 million.

    Cooper has lived in the Chicago area for more than 10 years. He recalls seeing news of the basketball superstar listing the house in 2012 and “thinking how cool it would be for the person that buys the home,” he told the newspaper.

    The custom-designed mansion, built in 1995 after Jordan announced his return from his first retirement, features nine bedrooms and 19 bathrooms (15 full).

    The property includes a basketball court, tennis court, swimming pool, a putting green and a cigar lounge. It also features a front gate adorned with a large “23,” a nod to Jordan’s jersey number.

    Cooper has so far hosted his birthday party and met with several contractors to make repairs and upgrades to the home, according to the newspaper.

    “I’ll announce some exciting plans for the property in January,” Cooper told the Journal Star. “I do not have any major renovation plans. I will honor the property’s legacy. This place is great just the way it is.”





    In a surprising turn of events, a suburban real estate executive has purchased Michael Jordan’s iconic mansion in Highland Park. The stunning property, which boasts nine bedrooms, 15 bathrooms, a full-size basketball court, and a putting green, has long been admired as a piece of basketball legend’s legacy.

    The real estate executive, who wishes to remain anonymous, expressed their excitement over the purchase, stating, “I have always been a fan of Michael Jordan and his incredible career. To own a piece of his history is truly a dream come true.”

    The mansion, which was originally listed for $14.85 million, has been the subject of much speculation since Jordan first put it on the market in 2012. The new owner plans to preserve the property’s unique features while adding their own personal touch to the space.

    As news of the purchase spreads, fans of the basketball legend are eager to see what the future holds for the iconic Highland Park mansion. Stay tuned for updates on this exciting real estate development!

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    6. Michael Jordan’s former home
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  • Pilates chain owner buys Robert Redford’s Marin County cottage

    Pilates chain owner buys Robert Redford’s Marin County cottage


    The home was built in 1968 and boasts views of the San Francisco Bay.

    A North Bay cottage owned by legendary actor and filmmaker Robert Redford has sold for half a million above asking price, less than a month after it was listed.

    As reported by the Wall Street Journal, the Tiburon property, located at 2517 Mar East, was sold for $4.65 million, according to the Compass real estate firm.

    The split-level home was listed at $4.15 million on Dec. 2 by Steven Mavromihalis of Compass.

    The wood-shingled residence boasts four bedrooms, two-and-a-half bathrooms, a large family room, two-car garage, garden and more than 1,000 square feet of decks overlooking San Francisco Bay. It was built in 1968 and was personalized by Redford, 88, and his wife, artist Sibylle Szaggars Redford, “to take advantage of the unspoiled views and their indoor-outdoor lifestyle,” Mavromihalis said in a Dec. 10 email to The Press Democrat.

    The Redfords have a long history with and great affection for the town of Tiburon, and they enjoyed the house’s light-filled rooms and Bay views, the couple said in a statement shared with The Press Democrat. The pair said they were also attracted to the privacy that the home offers, as it sits ringed by redwoods on a quiet, unpaved cul-de-sac, which does not get a lot of traffic.

    Still, the couple decided to sell the house as they spend more time in Santa Fe, New Mexico, where Szaggars Redford has been creating new art and focusing on her fine art gallery, Sibylle Szaggars Redford Fine Art.

    The Wall Street Journal reported that the buyer is a trust linked to Cricket Wardein, owner of fitness studio chain Mighty Pilates. The chain currently has seven locations throughout the Bay Area and in Los Angeles.

    Wardein, who opened the first Mighty with friends in 2009 in San Francisco, told The Wall Street Journal that she was “thrilled” to purchase the property.



    I am thrilled to announce that the owner of a popular Pilates chain has just purchased Robert Redford’s stunning Marin County cottage! This beautiful property, nestled in the hills of Northern California, is truly a hidden gem.

    The new owner has expressed their excitement at the opportunity to transform this historic home into a luxurious retreat for wellness and relaxation. With its picturesque views and serene surroundings, the cottage is the perfect setting for a Pilates studio and wellness center.

    Stay tuned for updates on the renovation process and grand opening of this incredible new venture. We can’t wait to see how this iconic property evolves into a haven for health and happiness!

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    2. Robert Redford
    3. Marin County
    4. Cottage
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