TruGolf Strengthens Golf Industry Technology Leadership as Its Core Software Powers Sky Sports' Award-Winning Coverage of the 2025 Open Championship at Royal Portrush

TruGolf Holdings Inc. (NASDAQ:TRUG) shares rose 33.87% to 51 cents Friday after announcing blockchain-based financing initiatives with Polymath. The plans include tokenized equipment leasing and fractional franchise ownership for TruGolf Links simulator locations, expected to launch by Q1 2027. The initiatives are ahead of TruGolf's expected Q4 2026 acquisition of Polymath.

TruGolf Holdings (TRUG) and Polymath Research announced TruGolf will acquire privately held Polymath for TruGolf Class A common stock and non-voting Series C preferred stock. Polymath shareholders will receive about 19.9% of TruGolf Class A shares pre-close. TruGolf will also raise $3.0M from Series A holders at closing. Deal approved, expected to close Q3 2026.

Ryanair (FR) proposed a US$1.6bn investment to double Baltic traffic over five years, contingent on tax and fee reductions. Simultaneously, it cut 550,000 winter seats in Estonia and Lithuania due to high costs, while expanding in Latvia. The plan is not yet committed. AirBaltic, a competitor, filed for Chapter 11, planning to reduce its fleet by one-third.

Accenture Song's Melissa Fein, who grew its Asia Pacific media operations, will lead its U.S. media business starting October 1. Madison And Wall notes this reflects Accenture's ambitions to expand in U.S. media, potentially through acquisitions. Fein previously secured key clients like Optus, Airwallex, and Australia Post.

CleanSpark (CLSK) announced a 20-year, $6.6B lease for a Georgia data center, expecting $330M annual revenue. The site has a 250MW substation and potential for 885MW in Texas. CEO Matt Schultz highlighted capital, power, and delivery as key constraints. Other companies like Core Scientific and Bitdeer are also pivoting to AI data centers.

TD Cowen maintained a Hold rating on Intuit (INTU) with a $346 price target, suggesting a 10.5% upside from the recent close. The firm cited concerns over sustained growth, customer acquisition, and regulatory risks. Recent analyst price targets for INTU range from $290 to $385.