Track market-moving stories before they get noisy

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HCA Healthcare, Inc. ("HCA" or the "Company") (NYSE: HCA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether HCA and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On July 14, 2026, HCA issued a press release reporting its preliminary financial and operating results for the second quarter of 2026. Among other items, HCA sharply lowered its full-2026 profit guidance, citing an unfavorable shift in the Company's payer mix, which impacted revenue by approximately $400 million in the quarter. 

On this news, HCA's stock price fell $27.14 per share, or 6.95%, to close at $363.60 per share on July 14, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Nykredit A S purchased a new position in shares of Unum Group (NYSE:UNM – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,189 shares of the financial services provider’s stock, valued at approximately $553,000.

A number of other hedge funds have also recently made changes to their positions in the business. GWN Securities Inc. purchased a new position in shares of Unum Group in the second quarter worth about $708,000. Qsemble Capital Management LP boosted its holdings in Unum Group by 245.9% during the 4th quarter. Qsemble Capital Management LP now owns 106,742 shares of the financial services provider’s stock valued at $8,273,000 after acquiring an additional 75,885 shares during the period. GSA Capital Partners LLP bought a new position in Unum Group during the 4th quarter worth approximately $2,567,000. Swedbank AB increased its stake in Unum Group by 148.3% in the 4th quarter. Swedbank AB now owns 467,505 shares of the financial services provider’s stock worth $36,232,000 after purchasing an additional 279,233 shares during the period. Finally, Norges Bank purchased a new position in Unum Group in the 4th quarter worth approximately $1,108,919,000. 86.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets Several research analysts recently commented on the stock. Keefe, Bruyette & Woods decreased their target price on shares of Unum Group from $110.00 to $108.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Jefferies Financial Group increased their price target on shares of Unum Group from $117.00 to $123.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Evercore reissued an “outperform” rating and issued a $106.00 price target on shares of Unum Group in a report on Tuesday, July 7th. Weiss Ratings upgraded shares of Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Unum Group from $101.00 to $98.00 and set a “neutral” rating for the company in a research note on Monday, August 3rd. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.42.

Read Our Latest Analysis on Unum Group Unum Group Stock Performance NYSE:UNM opened at $95.89 on Tuesday. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The firm’s fifty day simple moving average is $89.93 and its 200 day simple moving average is $83.25. The stock has a market cap of $15.18 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 1.01 and a beta of 0.27. Unum Group has a twelve month low of $69.02 and a twelve month high of $96.77.

Unum Group (NYSE:UNM – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting the consensus estimate of $2.16. The business had revenue of $3.39 billion during the quarter, compared to analyst estimates of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $1.92 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, research analysts predict that Unum Group will post 8.64 EPS for the current year.

Unum Group declared that its Board of Directors has initiated a stock repurchase program on Wednesday, August 26th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to buy up to 7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its shares are undervalued.

Unum Group Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 24th were issued a $0.505 dividend. This represents a $2.02 annualized dividend and a yield of 2.1%. This is a boost from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, July 24th. Unum Group’s dividend payout ratio (DPR) is 47.09%.

Unum Group Profile (Free Report)

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.

Further Reading Five stocks we like better than Unum Group 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding UNM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unum Group (NYSE:UNM – Free Report).

Receive News & Ratings for Unum Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unum Group and related companies with MarketBeat.com's FREE daily email newsletter.

, /PRNewswire/ -- Ameren Corporation (NYSE: AEE) announced today the pricing of a public offering of $900 million aggregate principal amount of junior subordinated notes due 2057 at 100.000% of their principal amount. The transaction is expected to close on September 18, 2026, subject to the satisfaction of customary closing conditions.

The junior subordinated notes will bear interest (i) from and including the date of original issuance to but excluding March 15, 2032, at an annual rate of 6.450% and (ii) from and including March 15, 2032, during each interest reset period at an annual rate equal to the Five-Year Treasury Rate (calculated as described in the prospectus supplement and prospectus relating to the junior subordinated notes) plus 1.868%; provided, that the interest rate during any interest reset period will not reset below 6.450% (which equals the initial interest rate on the junior subordinated notes).

Ameren intends to use the net proceeds of the offering for general corporate purposes, including to repay its short-term debt.

Barclays Capital Inc., BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., Truist Securities, Inc., PNC Capital Markets LLC and Scotia Capital (USA) Inc. are acting as joint book-running managers for the offering.

The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus and related prospectus supplement for the offering, when available, may be obtained via the Securities and Exchange Commission's website at www.sec.gov or by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at [email protected] and [email protected]. This press release does not constitute an offer to sell or a solicitation of an offer to buy the junior subordinated notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.

About Ameren

St. Louis-based Ameren Corporation powers the quality of life for 2.5 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution service, as well as natural gas distribution service. Ameren Transmission Company of Illinois develops, owns and operates rate-regulated regional electric transmission projects in the Midcontinent Independent System Operator, Inc.

SOURCE Ameren Corporation

In June of last year, Meta Platforms (META -0.53%) agreed to buy the clean energy attributes of Constellation Energy's (CEG +0.03%) Clinton Clean Energy Center in Illinois for 20 years. The agreement covers 1,121 megawatts of nuclear generation -- more output than Constellation has committed to any other artificial intelligence (AI) buyer. The next-biggest is the roughly 835-megawatt agreement that is restarting a Three Mile Island unit for Microsoft.

But the Meta contract doesn't commence until June 2027, nine months from now. And it means the results Constellation is reporting today, including the guidance it raised with last month's second-quarter report, don't include a dollar from the company's biggest AI agreement.

For investors who own the stock as a way to play AI's power demand, I think the calendar is worth getting straight. Shares go for about $299 as of this writing. Their high over the past year was $412.70. The growth the market is paying for arrives on a schedule.

Image source: Getty Images.

What exactly did Meta buy?The social media company is purchasing Clinton's clean energy attributes for two decades as part of its commitment to match 100% of its electricity use with clean and renewable energy. The plant's power itself keeps flowing onto the local grid.

The agreement also supported relicensing the facility, and regulators granted the renewal in December 2025, clearing Clinton to run through 2047. And plant upgrades will add 30 megawatts of output along the way.

The June 2027 start date isn't arbitrary. Clinton is supported today by Illinois's ratepayer-funded zero-emission credit program, and the Meta agreement begins when that program expires.

In other words, the plant is being paid right now. The deal changes who pays for Clinton's clean energy attributes, not whether anyone does.

More start dates aheadThe Meta contract is one item in a queue. Constellation's 20-year agreement with Microsoft begins when the Crane Clean Energy Center, the former Three Mile Island unit, comes back online.

Regulators have approved transferring interconnection rights to the site from two Pennsylvania fossil-fuel units Constellation had planned to retire, along with a fuel license amendment -- progress the company said moves the plant closer to restarting in 2027.

Constellation's second-quarter update also disclosed 920 megawatts of new long-term contracts to sell nuclear power, signed with investment-grade customers on 15-to-20-year terms with start dates from 2029 through 2032. Among them is a 176-megawatt deal with Walmart that will support a 30-megawatt capacity expansion at Constellation's Dresden plant in Illinois.

So the contracted demand arrives in stages -- Meta in June 2027, the Crane restart the same year, and the newest agreements from 2029 on. Not one of them adds anything to this year's results.

This year's growth doesn't need MetaThe queue matters because Constellation's earnings are climbing without it.

Constellation's non-GAAP (adjusted) operating earnings rose to $2.55 per share in the second quarter of 2026, about 34% higher than the $1.91 it earned a year earlier. The company credited the addition of Calpine, the natural gas and geothermal generator it acquired in January, along with favorable market and portfolio conditions, partially offset by nuclear outages. Constellation also lifted its guidance for the full year and now expects adjusted operating earnings of $11.50 to $12.50 per share in 2026. Showing how much growth is arriving before any AI contract kicks in, the midpoint of that range sits about 28% above the $9.39 per share the company earned last year.

Premium Feature

Moneyball Superscore

80/100

Today's Change

(

0.03

%) $

0.09

Current Price

$

299.05

In short, the earnings the stock is priced against are moving higher on their own, with the contracted nuclear deals stacked on top starting in the middle of next year.

Shares trade at about 25 times earnings, measured against the midpoint of Constellation's 2026 guidance. It's a premium price for a power producer, but I'd argue it's attached to unusually visible growth: the customers are signed and the start dates are on paper.

Of course, contracted isn't the same as guaranteed. The plants have to run, the Crane restart could slip, and a 20-year agreement can't pull its start date forward.

But growth backed by signed contracts is arguably easier to count on than growth that depends on demand that may never show up. Constellation's biggest AI deal starts paying next June. Until then, the earnings carrying the stock don't need it.

ROCHESTER, N.Y., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading U.S.-based total beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 4.350% Senior Notes due 2027 (CUSIP Number: 21036P BK3) to be effected on September 18, 2026. As of September 8, 2026, there were $600.0 million in aggregate principal amount of the notes outstanding.

The redemption price for the notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indenture relating to the notes.

This press release shall not constitute a notice of redemption of the notes. Information concerning the terms and conditions of the redemption of the notes is described in the notice distributed to holders of the notes by the trustee under the indenture and the applicable supplemental indenture governing the notes.

ABOUT CONSTELLATION BRANDS
Constellation Brands, a U.S.-based company, is an international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Constellation’s brand portfolio includes Modelo Especial, Corona Extra, Modelo Cheladas, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, Lingua Franca, Mi CAMPO Tequila, and High West Whiskey.

FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements which are not historical facts and relate to future plans, events, or performance, including statements regarding the redemption date and price, are forward-looking statements that are based upon management’s current expectations and are subject to risks and uncertainties. The forward-looking statements should not be construed in any manner as a guarantee that such events or results will in fact occur or will occur on the timetable contemplated hereby. All forward-looking statements speak only as of the date of this news release and Constellation undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Detailed information regarding risk factors with respect to the company and the offering are included in the company’s filings with the SEC, including the prospectus and prospectus supplement for the offering.

A downloadable PDF copy of this news release can be found here:
http://ml.globenewswire.com/Resource/Download/195be18e-bfed-4296-bbbf-f7f5f6e73cd5

Apparel retailer American Eagle Outfitters Inc (NYSE:AEO) wants to show a rebound in financials to get shares back to 2026 highs. The company will report second-quarter financial results Wednesday after market close.

Here are the earnings estimates, analyst ratings and key items to watch.

• How is AEO stock doing today?

American Eagle Q2 Earnings EstimatesAnalysts expect American Eagle to report second-quarter revenue of $1.37 billion, up from $1.28 billion in last year’s second quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in four straight quarters and in six of the past 10 quarters overall.

Analysts expect American Eagle to report second-quarter earnings of 22 cents per share, down from 45 cents per share in last year’s second quarter.

Read Next

The company has beaten analyst estimates for earnings per share in four straight quarters and in eight of the past 10 quarters.

American Eagle Analyst RatingsHere are some of the most recent analyst ratings on American Eagle stock and their price targets.

JPMorgan: Maintained Neutral rating, raised price target from $19 to $21

Bank of America Securities: Reiterates Underperform rating with a price target of $16

Key Items to WatchIt’s been a mixed year for American Eagle, which is one of the key players in teen and young adult apparel. The stock hit new five-year highs back in December with a key rally, as well as a rally in April 2026.

Some of the reason for the rally was a new advertising campaign with actress Sydney Sweeney. A partnership with Sweeney continues with new merchandise launched in April that could contribute to second-quarter strength, with the quarter beginning on May 3.

Also likely being a factor in the second quarter is American Eagle’s partnership with country superstar Ella Langley. The country star partnered with American Eagle for spring and summer collections.

Langley set records this year with her new album and single "Choosin’ Texas," which spent 20 straight non-holiday weeks at number one on the Billboard Hot 100.

Also potentially helping American Eagle in the quarter is the retailer’s merchandise for "Off Campus," a hit series on Amazon.com Inc (NASDAQ:AMZN) streaming platform Prime Video. The series had the third-largest debut on the platform ever and holds some of the strongest ratings in the 18-34 demographic, which is also a key for the retailer.

Investors looking towards American Eagle’s potential summer earnings strength may want to take a look at the recent results from Abercrombie & Fitch Co. (NYSE:ANF), a peer in the teen and young adult apparel retail sector.

The retailer’s second quarter, which included the months of June, July and August, saw revenue and earnings per share that beat analyst estimates. The company also raised its full-year outlook after the quarterly results.

That report may signal strength for the sector and put pressure on American Eagle to report a strong quarterly result and raise guidance.

American Eagle shares fell after the last quarterly results. The company posted a double beat in the first quarter, but higher inventory and a comp decline for the American Eagle brand sent shares lower.

American Eagle Stock Price ActionAmerican Eagle stock is down 1.24% to $17.18 on Tuesday versus a 52-week trading range of $14.06 to $28.46. American Eagle shares are down 35.1% year-to-date in 2026 and down around 40% from their 52-week high.

Read Next

Photo by refrina via Shutterstock

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

, /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today announced plans to invest $35 million in its global manufacturing infrastructure through the construction of a new ion implantation equipment manufacturing facility in Pyeongtaek, Gyeonggi Province, Korea.

Robert Mahoney, Axcelis’ EVP of Global Operations, with Kim Jeong-kwan, Minister of Trade, Industry and Energy, at the recent U.S. Investment Filing Ceremony and Roundtable event held in Washington, D.C. President and CEO Russell Low commented, "This investment reflects Axcelis' continued commitment to strengthening our global high volume manufacturing infrastructure and expanding the capabilities needed to serve our customers around the world. Ion implanters are among the most important tools in front-end semiconductor manufacturing. Building on our established presence in Korea, the new Pyeongtaek facility will enhance our ability to support growing global demand for semiconductors."

The Pyeongtaek site will encompass approximately 200,000 square feet of total gross floor area. The manufacturing center's design will provide a lean production environment that encompasses nearly 50 years of semiconductor capital equipment experience. The Pyeongtaek facility will integrate warehousing, Class 1,000 and Class 10,000 cleanrooms, and a training center, to enable fast and flexible responses to our customers' needs.

As part of this global manufacturing expansion, Robert Mahoney, Executive Vice President, Global Operations, participated in an Investment Declaration Ceremony in Washington, D.C., with representatives from the Ministry of Trade, Industry and Resources (MOTIR) and the Korea Trade-Investment Promotion Agency (KOTRA) last week. A groundbreaking ceremony will follow on October 20, 2026. Production at the new manufacturing facility is scheduled to commence in the second half of 2028.

About Axcelis
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for nearly 50 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.

Safe Harbor Statement:
Statements made in this press release that are not of known historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and should be viewed with caution. They are subject to various risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including the risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission ("SEC"), including specifically the risk factors described in our most recent Annual Report on Form 10-K and other subsequent filings with the SEC. The Company undertakes no obligation to update the information or statements made in this press release.

CONTACTS:

Investor Relations Contact:
David Ryzhik
Senior Vice President and Interim CFO
Telephone: (978) 787-2352
Email: [email protected]

Press/Media Relations Contacts:
Maureen Hart
Senior Director, Corporate & Marketing Communications
Telephone: (978) 787-4266
Email: [email protected]

SOURCE Axcelis Technologies, Inc.

Key Takeaways SMCI's fiscal 2026 revenue nearly doubled to $39.1 billion, while backlog reached record levels.SMCI expects fiscal 2027 sales of $65-$72 billion, driven by AI infrastructure demand and record backlog. SMCI trades at lower forward P/E, P/S and P/B multiples than its industry and the S&P 500 Index. Super Micro Computer Inc. (SMCI - Free Report) designs, develops and manufactures server and storage systems optimized for artificial intelligence (AI)-powered data centers, cloud computing and edge computing workloads. The company’s solutions are based on its Server Building Block Solutions architecture.

SMCI’s fiscal 2026 revenues nearly doubled to $39.1 billion, while the company generated more than $60 billion in new orders during the fourth quarter, taking the backlog to record levels entering fiscal 2027. 

The AI solutions represented about 60% of SMCI’s fourth-quarter fiscal 2026 revenues because several large projects shifted timing, but management expects AI-related solutions to exceed 80% of revenue going forward based on backlog.

The chart below shows the price performance of SMCI year-to-date.

Image Source: Zacks Investment Research

Modular Design AdvantageSMCI’s Building Block architecture remains central to its product-development model. This approach allows common server, storage, networking, power and cooling components to be reused across many system configurations. That can shorten design cycles when new CPUs and GPUs become available and supports customer-specific configurations without rebuilding the entire platform. 

Management is also using factory automation, design optimization and standardized building blocks to raise manufacturing yields and streamline logistics. This combination of modular engineering and broad silicon support helps Super Micro Computer respond to shorter hardware cycles. It also supports the company’s strategy of offering application-optimized systems across enterprise, cloud, AI and edge workloads.

Transformation Toward a Complete AI Infra ProviderSuper Micro Computer is moving beyond stand-alone servers toward complete Data Center Building Block Solutions (DCBBS). This strategy integrates GPU and CPU servers, enterprise storage, direct liquid cooling, power infrastructure, high-speed switches, networking, data-center management software and lifecycle services. 

SMCI said the model is intended to reduce customer time-to-deployment and time-to-online by providing a more integrated data-center build. The company is also expanding software tools such as SuperCloud Composer, Super Micro Data Center Manager and Super Micro Orchestration Manager, while adding proactive service capabilities. Management expects more software features and service products to come online early in fiscal 2027, extending the DCBBS strategy beyond hardware integration.

Liquid Cooling LeadershipRising rack density is increasing the importance of advanced cooling in AI data centers, and Super Micro Computer continues to expand direct liquid-cooling capabilities. SMCI is producing liquid-cooled rack-scale systems for current AI platforms and said most of its DLC production lines support dense 250kW-class racks. 

Liquid cooling is integrated into the broader DCBBS portfolio alongside chilled doors, cooling distribution units and other infrastructure. This capability gives SMCI a broader role in high-density deployments as customers move from server purchases toward complete rack-scale systems.

Robust Clientele Some of the largest customers of SMCI include NVIDIA Corp. (NVDA - Free Report) , Advanced Micro Devices Inc. (AMD - Free Report) and Intel Corp. (INTC - Free Report) . The company is a big beneficiary of the booming AI-empowered hardware market.

In fourth-quarter fiscal 2026, the company shipped volume products across NVDA’s GB300 NVL72, HGX B300, B200 NVL4 and RTX 6000 Pro lines. SMCI is also preparing systems based on NVIDIA Vera Rubin and Vera CPU platforms. 

Super Micro Computer launched AMD’s Helios product line and MI450 Total Solution while continuing to support MI350 and MI355X systems. Intel Xeon 6+ platforms are shipping in volume, and the company is developing systems for Arm-based AGI processors.

Strong GuidanceFor the first quarter of fiscal 2027, Super Micro Computer expects net sales of $14.5-$15.5 billion, with non-GAAP adjusted earnings of $1.01-$1.10 per share. SMCI expects first-quarter fiscal 2027 non-GAAP gross margin to be between 10.4% and 10.8%, significantly below the unusually strong fourth-quarter level as customer and product mix normalizes.

For full-year fiscal 2027, SMCI expects net sales of $65-$72 billion compared with $39.1 billion in fiscal 2026. The outlook reflects continued AI infrastructure demand, record backlog and increasing contributions from enterprise, sovereign AI, NeoCloud and agentic AI opportunities.

Solid Estimate RevisionsSuper Micro Computer has an expected revenue and earnings growth rate of 71.8% and 22%, respectively, for the current year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 30.3% over the last 30 days. 

SMCI has an expected revenue and earnings growth rate of 19.6% and 18.7%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 42.2% over the last 30 days.

Image Source: Zacks Investment Research

Attractive Valuation Super Micro Computer is currently trading at an attractive valuation compared to its peers. The stock has a forward price/earnings (P/E) of 8.94X, compared with the industry’s P/E of 10.36X and the S&P 500’s P/E of 18.52X. It has a price/sale (P/S) of 0.67X, compared with the industry’s P/S of 5.32X and the S&P 500’s P/S of 3.09X. SMCI has a price/book (P/B) of 2.32X, significantly lower than the industry’s P/B of 16.38X and the S&P 500’s P/B of 3.71X. 

Investment ThesisSMCI currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The stock price has surged 35% year to date. Yet, SMCI is currently trading at a 32.6% discount to its 52-week high price level. 

Image Source: Zacks Investment Research

Super Micro Computer remains positioned to benefit from expanding AI infrastructure demand, supported by rapid adoption of new GPU platforms, its modular Building Block architecture, liquid-cooling expertise and a broader DCBBS offering. SMCI’s strong customer partnership combined with record backlog, rising shipments and expanding product portfolio, positions the company to benefit in the long term.

Short Sellers Are Betting Against 3 AI Infrastructure Stocks—What Could Turn the Tide?Super Micro Computer NASDAQ: SMCI said demand for AI infrastructure remains strong as the company works to expand its customer base, increase the value of its systems offerings and improve cash conversion through more favorable customer contracts.

Speaking at Citi's Technology Conference, Michael Staiger, Super Micro's senior vice president of corporate development, said the company's fiscal 2026 growth rate was 78% and noted that its quarterly revenue guidance midpoint now stands at $15 billion. He contrasted that figure with a $14.9 billion annual revenue level the company discussed several years earlier.

Get Super Micro Computer alerts:

Pushing the Edge: Super Micro Computer Reboots the AI LandscapeStaiger attributed the demand backdrop to accelerating AI application development and a widening array of technology platforms from partners including NVIDIA, AMD, Intel and Arm. He said Super Micro is focused on supplying application-optimized systems and integrated AI factory solutions rather than simply selling individual servers.

Demand diversification and AI adoption Super Micro said its customer diversification has broadened beyond the largest customers that initially drove major AI infrastructure deployments. Staiger pointed to enterprises, neocloud providers and sovereign customers as groups building infrastructure for AI workloads.

SMRs Spark a Chain Reaction for Nano NuclearWhile the company did not provide a revenue breakdown among those categories, Staiger said enterprise AI adoption is gaining traction. He cited recent activity involving VMware's VCF for AI Factory stack and Super Micro's engagement with Cisco as indications that enterprise adoption is expanding.

“We're early stages, but it's spreading out,” Staiger said of enterprise AI adoption.

The company expects some customer concentration to remain, particularly among large customers, but said it has historically expanded alongside customers by broadening the systems and capabilities it provides. Staiger also said hyperscalers are deploying workloads within Super Micro's broader customer base.

Integrated systems, margins and services A central component of Super Micro's strategy is its Data Center Building Block Solutions, or DCBBS, approach. Staiger said the model is designed to provide customers with validated, integrated systems that incorporate computing, networking, storage, power and cooling components.

He said the strategy is particularly useful for enterprises, neoclouds and sovereign customers that may lack the engineering resources of hyperscalers to deploy complex AI infrastructure. By delivering pre-validated systems, Super Micro aims to help customers avoid equipment sitting idle because of integration, networking, storage, power or cooling issues.

Staiger said the company is investing in go-to-market capabilities and services, including its “L12” validation services. He said the investments are included in the company's guidance and operating model, while Super Micro remains focused on operating-expense efficiency.

On gross margin, Staiger said Super Micro provides guidance one quarter at a time because the mix of business can vary. However, he said the company's longer-term internal objective is to reach double-digit gross margins and raise that level over time.

The company recently reported a quarter with gross margin of “17 and change,” according to Staiger. He said adding components such as power and cooling, as well as providing more integrated solutions, can create more value for customers and support higher margins.

Working capital, inventory and funding Staiger acknowledged that revenue can be uneven from quarter to quarter when customer sites or supplier operations face challenges. But he said Super Micro has historically captured delayed revenue downstream and expects diversification and greater planning visibility to improve execution.

The company reported $12.9 billion of inventory and inventory days of roughly 119, according to the discussion. Staiger said concerns about product obsolescence are overstated, describing prior inventory charges as minor and noting a recent reversal. He said demand has supported the ability to place systems across different tiers of the market.

Super Micro also discussed efforts to improve operating cash flow and reduce capital intensity as it grows. Staiger said its $60 billion order book, a more diversified customer base and better contract structures should support an improved cash conversion cycle.

He said some enterprise-grade customers may pay half upfront and the balance upon delivery, contrasting with terms associated with some startup customers in earlier periods that could be less favorable. The company's goal is to become self-funded over time, he said.

Asked whether the company felt adequately funded for its stated $65 billion to $72 billion growth outlook, Staiger said Super Micro was comfortable with what it sees currently.

Compliance, partnerships and market opportunity Staiger said Super Micro has expanded its legal and export-control staffing, appointed a chief compliance officer and strengthened related programs following investigations discussed during the session. He said the board cleared management and that the company is committed to preventing export-control issues.

On technology partnerships, Staiger called NVIDIA a strong partner but said customer demand can shift among platforms. He said Super Micro intends to grow with NVIDIA as well as AMD, Intel and Arm, emphasizing its ability to provide AI infrastructure across a range of architectures.

Staiger referenced estimates from some of Super Micro's partners that put the total market opportunity at $2 trillion to $4 trillion. He said that if Super Micro maintained a 10% market share in a $2 trillion market, that would equate to $200 billion of revenue. He added that the company's focus on performance-oriented, value-oriented and integrated solution offerings could broaden its addressable opportunity.

“We are positioned to be able to deliver AI infrastructure of any nature, of any kind to the customer base, and in a total package, in a total factory,” Staiger said.

About Super Micro Computer (NASDAQ:SMCI)Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company's product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Super Micro Computer Right Now?Before you consider Super Micro Computer, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Micro Computer wasn't on the list.

While Super Micro Computer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Bloom Energy has quadrupled in a year by becoming the default power solution for AI hyperscalers, but three blowout quarters later, the stock's next move hinges on whether that success is a launchpad or the ceiling.

At $252.87, Bloom Energy (NYSE:BE) sits at a crossroads. The stock has quadrupled in twelve months on an AI onsite-power thesis that has already delivered, leaving the debate over whether the next leg is earned or already reflected.

Bloom sells solid oxide fuel cell systems that hyperscalers, neoclouds, and colocation operators are deploying to bring gigawatts of AI compute online faster than the grid can support (the same power, cooling, and networking angle we mapped in a free report on seven AI infrastructure suppliers that aren’t chipmakers). CEO KR Sridhar has said “Bloom is now a standard for AI onsite power,” and all major US hyperscalers plus more than a dozen neoclouds, AI labs, and colocation operators have validated the platform.

The re-rating has been extraordinary. Shares are up 360.52% over the past year and 191.02% year to date, versus 18.65% and 12.94% for the S&P 500. Q2 FY26 revenue crossed $1 billion in a single quarter for the first time, marking a fourth consecutive EPS beat and cementing Wall Street’s willingness to pay a growth multiple.

Why Bulls See More Room to Run Fundamentals are still accelerating faster than the multiple. Q2 revenue of $1.065 billion grew 166% year over year, product revenue jumped 215% to $935 million, and operating income vaulted 737% year-over-year to $240 million. Management raised full-year 2026 guidance a third time to $3.9B-$4.2B in revenue and $2.55-$2.85 in non-GAAP EPS.

Backlog supports the trajectory: roughly $20 billion total, with product backlog near $6 billion. Brookfield expanded its financing framework from $5 billion to $25 billion. The 2026 EPS consensus has climbed from 2.1267 to 2.7062 in 90 days, with 24 upward revisions and zero cuts in the trailing month. On 2027 consensus EPS of 4.9201, the forward multiple compresses meaningfully as growth converts.

Why Bears See a Stock Priced Too High Trailing P/E sits at 333x, price/sales at 24, and EV/EBITDA at 199x. The 2027 EPS range of 2.9548 to 7.0100 across 28 analysts signals genuine disagreement on backlog conversion. Insiders have been consistent sellers: Director Jeffrey Immelt disposed of 30,000 shares at $238.91, Director John Chambers sold 15,000 at $250 and another 15,000 at $205.58, and Chief Commercial Officer Aman Joshi unloaded 8,343 shares at $300.37.

Overhangs are real. A securities class action carries a September 28, 2026 lead-plaintiff deadline. Stock-based comp is running near $52 million per quarter, GAAP FY2025 was still a net loss of $88.4 million, and the story remains tethered to IRA and One Big Beautiful Bill Act tax credits, Brookfield-linked revenue, and continued hyperscaler capex intensity.

Why the Setup Rewards Patience Execution is undeniable, but the price now embeds most of what management has promised through 2027. Beta of 3.811 means any wobble in AI capex sentiment gets amplified. S&P 500 inclusion, announced Sept. 4, adds a one-time index bid, though that is a one-time technical event.

What tips the verdict is straightforward. Another guidance raise on the Q3 report, visible backlog conversion, and clarity on the litigation would open a path back to Buy. A capex airpocket at hyperscalers, a margin miss, or an adverse court development would open the door to Sell. Right now, neither signal is in hand.

What the Numbers Actually Say Bloom currently trades at $252.87, up 7.35% on its most recent session and 19.97% over the past week. The 29 covering analysts carry an average price target of $275.08, implying upside to the consensus target. Ratings break down as follows:

5 Strong Buy 10 Buy 12 Hold 1 Sell 1 Strong Sell Analyst targets are one data point, not a guarantee, and this target sits well below the 52-week high of $351.28. The valuation debate lives here: forward P/E of 49x, price/book of 43x, and EV/revenue of 22x. Against the S&P 500’s 18.65% one-year return, Bloom’s 360.52% gain shows how much AI-power optionality is already in the price.

Why Waiting Beats Chasing at $252.87 At $252.87, Bloom Energy sits in a wait-and-see zone. Here is why.

The bull case has largely been vindicated by three consecutive blowout quarters, which is precisely why the risk/reward has shifted. Buying here requires believing 2027 EPS lands in the upper half of the 2.9548 to 7.0100 range and that the forward multiple compresses only modestly. That outcome is plausible but demands flawless execution against a live litigation deadline, active insider selling, and a highly cyclical AI capex backdrop.

Selling is equally difficult. Guidance keeps rising. Cash flow from operations swung from -$213 million a year ago to $226 million last quarter. The company closed Q2 with $2.7 billion of cash and a $25B Brookfield shelf behind it. Fundamentally, the business is intact.

The Q3 earnings report, the September 28 litigation deadline, and the pace of backlog conversion into 2027 revenue will decide whether $252.87 was a launchpad or a ceiling. At today’s price, Bloom Energy deserves respect on the business, but patience on the position.

Contact [email protected] for any questions or corrections.

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Bloom Energy Corporation (“Bloom” or the “Company”) (NYSE: BE).   Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Bloom and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until September 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Bloom securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.     

[Click here for information about joining the class action]

On July 8, 2026, Hunterbrook Media published a report entitled “Bloom’s Big Lie,” which alleged, among other things, that “Bloom is, in fact, reliant on Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.”  The report assert that “Hunterbrook traced four separate China-linked routes into Bloom’s supply chain – scandium oxide shipped directly to its Delaware plant, plus scandium-bearing ceramics and powders flowing through intermediaries in Thailand, Japan, and South Korea.” 

On this news, Bloom’s stock price fell $15.28 per share, or 5.67%, to close at $254.29 per share on July 8, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising.  Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Nizozemský polovodičový gigant ASML si zajistil podporu u TSMC a Samsungu pro nasazení nejnovější generace litografických strojů High NA EUV. Oba výrobci čipů oznámili plány na využití těchto zařízení od ASML v sériové výrobě během příští dekády, čímž se připojí k Intelu, který již technologii aktivně zavádí.

High NA EUV představuje nejpokročilejší generaci litografických systémů, bez nichž se neobejde výroba nejmodernějších procesorů a akcelerátorů pro AI. Cena jednoho stroje se pohybuje kolem 400 milionů dolarů. Samsung plánuje nasazení technologie ve výrobě paměťových čipů od roku 2028, zatímco TSMC předpokládá využití ve velkoobjemové produkci od roku 2030, uvedla agentura Bloomberg.

Vedle samotných výrobních zařízení se firmy dohodly také na významné změně v oblasti fotomasek, a sice na přechodu na větší (z 6 palců na 12 palců), což by mohlo zvýšit produktivitu výroby a pomoci uspokojit rychle rostoucí poptávku po AI čipech. Fotomasky fungují jako předlohy, podle nichž se pomocí světla vytvářejí obrazce na křemíkových waferových deskách.

Kombinace technologie High NA a větších fotomasek by mohla zvýšit propustnost výrobních linek o 40 procent a zároveň zjednodušit proces návrhu, uvedl Marco Pieters, technologický ředitel ASML. „Je to obrovská příležitost a samozřejmě to znamená významný krok v produktivitě,“ řekl Pieters pro Bloomberg.

ASML je jedinou společností na světě, která dokáže vyrábět zařízení pro extrémní ultrafialovou litografii (EUV), čili stroje nezbytné pro výrobu nejvyspělejších polovodičů na světě. Společnost uvedla první generaci EUV systémů v roce 2019 a od té doby spolupracuje se zákazníky na přechodu k výkonnější variantě High NA.

Právě postoj TSMC k nové technologii byl dosud jedním z největších otazníků. Největší smluvní výrobce čipů na světě dlouho argumentoval tím, že vyšší pořizovací náklady nových strojů nepřinášejí dostatečný produktivní přínos. Nyní však firma obrátila, když oznámila, že High NA systémy využije od roku 2030, byť ještě s dnešním formátem šestipalcových masek.

Společně s ASML pak TSMC chce vybudovat pilotní výrobní linku pro dvanáctipalcové masky, která by měla vzniknout kolem roku 2031. Samotná technologie by se mohla dostat do komerční výroby přibližně od roku 2033.

Samsung mezitím deklaroval, že bude na vývoji nových masek a související infrastruktury spolupracovat s dalšími partnery. Pro jihokorejskou společnost je rozvoj výrobních kapacit mimořádně důležitý i s ohledem na pokračující silnou poptávku po paměťových čipech pro datová centra.

Podporu nové generaci technologií potvrzuje rovněž Intel. Ten už některé stroje High NA převzal. Americká společnost dokonce uvádí, že dokáže potenciálním zákazníkům nabídnout výhody této technologie už nyní a na projektu větších fotomasek pracuje déle než tři roky.

Pro ASML představuje zapojení TSMC zásadní impuls. Tchajwanský výrobce se totiž podílí zhruba šestnácti procenty na tržbách nizozemské firmy. Skutečnost, že přechod na High NA podporují TSMC, Samsung a Intel zároveň, znamená, že tři největší zákazníci ASML se sjednotili na dalším směru vývoje pokročilé výroby čipů.

9.9.2026 08:59, BAAWPS

Česká společnost W.A.G. payment solutions (Eurowag) poskytující služby v oblasti dopravy reportovala výsledky hospodaření za první polovinu roku a zpřesnila celoroční výhled.

Výsledky společnosti W.A.G. payment solutions (BAAWPS) za 1H 2026   1H 2026 1H 2025 Čisté výnosy (mil. EUR) 179,5 162,2 Čistý zisk (mil. EUR) 5,2 10,5 Očištěný zisk na akcii (EPS, EUR/akcie) 2,53 2,92 Výsledky Čisté výnosy společnosti se meziročně zvýšily o 10,7 % na 179,5 mil. EUR. Růst byl podpořen mýtem (+26 %), energiemi (+6 %), řešeními pro správu vozových parků v segmentu CRT (+15 %), navigací (+12 %) a vratkami daní (+12 %).

Čisté výnosy ze segmentu platebních řešení vzrostly o 13,3 % na 110,9 mil. EUR. Segment řešení pro mobilitu dosáhnul růstu čistých výnosů ve výši 6,7 % na 68,6 mil. EUR.

Očištěný zisk EBITDA meziročně vzrostl o 10,5 % na 70,6 mil. EUR a naplnil tak průměrný odhad analytiků 70 mil. EUR. Očištěná EBITDA marže meziročně poklesla o 0,1 p. b. na 39,3 %.

Očištěná cash EBITDA vzrostla o 13,2 % na 55,7 mil. EUR a příslušná marže se zvýšila o 0,6 p. b. na 31,0 %.

Počet aktivních kamionů, které využívají služby Eurowag, vzrostl o 7,0 % na 334,8 tis. Průměrný počet produktů na kamion se zvýšil z 2,6 na 2,7.

Platformu Eurowag Office aktivně využívá k datu zveřejnění zprávy více než 65 % zákazníků oproti 35 % na konci 1Q 2026.

Po skončení pololetí, 22. července 2026, byla akcionářům vyplacena mimořádná dividenda ve výši 1,5 pence na akcii (celkem 12,1 mil. EUR).

Celoroční výhled Společnost zvýšila spodní hranici výhledu očištěné cash EBITDA, ostatní části výhledu ponechala beze změny.

Růst čistých výnosů v nízkých dvouciferných procentech. Očištěnou EBITDA marži na úrovni přibližně 40 %. Očištěnou cash EBITDA v rozpětí 110 až 115 milionů EUR (dříve 105 až 115 milionů EUR). Kapitalizované náklady na výzkum a vývoj zůstanou pod stanoveným limitem 50 milionů EUR. Poměr čistého zadlužení pod úrovní 2,0x, v rámci cílového pásma 1,5–2,5x. Komentář CEO „V prvním pololetí jsme dosáhli silných a odolných výsledků s dvouciferným růstem čistých výnosů, robustními maržemi a nižším zadlužením, přičemž jsme zároveň významně pokročili ve fázi integrace a migrace na Eurowag Office. Těší nás, že jsme dosáhli klíčového milníku, kdy platformu aktivně využívá více než 65 % našich zákazníků, zapojení zákazníků nadále roste a většina našich služeb je již na platformě dostupná. Skutečnost, že jsme těchto výsledků dosáhli v nestabilním geopolitickém a makroekonomickém prostředí, dokládá odolnost našeho podnikání a drží nás na cestě k naplnění celoročního výhledu. Pokrok, kterého v roce 2026 dosahujeme, nás dobře připravuje na další fázi naší strategie. Jak bude integrace a migrace postupovat, budeme moci stále více využívat sílu jednotné digitální platformy a vlastních dat k prohloubení penetrace produktů, zvýšení zapojení zákazníků a k dosažení vyšší provozní páky. Od roku 2027 se naše pozornost přesune ke škálování a monetizaci Eurowag Office, což nám umožní naplno využít výhod našeho integrovaného modelu, přinést zákazníkům vyšší hodnotu a zajistit udržitelný, ziskový růst," uvedl zakladatel a generální ředitel Martin Vohánka.

Vývoj akcie Akcie W.A.G. payment solutions (Eurowag) se vedle londýnské burzy obchodují také na pražské burze pod tickerem BAAWPS, kde včera uzavřely za 29,0 Kč.

Zdroj: W.A.G. payment solutions, Bloomberg

Michal Bárta, Fio banka, a.s.

Braze, Inc. (BRZE - Free Report) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +18.75%. A quarter ago, it was expected that this company would post earnings of $0.1 per share when it actually produced earnings of $0.1, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Braze, which belongs to the Zacks Internet - Software industry, posted revenues of $227.23 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 3.19%. This compares to year-ago revenues of $180.11 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Braze shares have lost about 6.8% since the beginning of the year versus the S&P 500's gain of 12.8%.

What's Next for Braze?While Braze has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Braze was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.16 on $227.39 million in revenues for the coming quarter and $0.63 on $897.63 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Penguin Solutions, Inc. (PENG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended August 2026.

This company is expected to post quarterly earnings of $0.75 per share in its upcoming report, which represents a year-over-year change of +74.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Penguin Solutions, Inc.'s revenues are expected to be $512.5 million, up 51.7% from the year-ago quarter.

Boston Scientific (BSX.N) said on Tuesday it no longer expects to meet ​its previously issued third-quarter and full-year 2026 sales and adjusted profit ‌forecasts, after a cybersecurity incident disrupted the medical device maker's global operations.

An unauthorized activity on some of its information technology systems, first identified on August 25, caused a network outage that disrupted manufacturing ​and the processing and shipment of customer orders, the company said in ​a regulatory filing.

Stifel analyst Rick Wise said investors increasingly view 2026 as ⁠a "lost year" for Boston Scientific and are likely to focus more on the ​company's prospects for 2027.

Shares of the company were down 2.3% in morning trading.

In July, ​Boston Scientific had forecast 2026 adjusted earnings of $3.28 to $3.32 per share and sales growth of 5.5% to 6.5% on a reported basis. For the third quarter, it had projected adjusted earnings of 80 ​cents to 82 cents per share.

It expects to recover a portion of the affected ​revenue as it ramps up operations and works through backlogs, but said the full financial impact ‌remains ⁠uncertain.

The incident is the latest in a series of cyberattacks on the healthcare sector, with medical device makers Abbott Laboratories (ABT.N), Stryker (SYK.N) and Medtronic (MDT.N) and drugmaker Novo Nordisk (NOVOb.CO) among those recently hit.

In an update on Saturday, Boston Scientific said that the incident's effects were ​limited to select internal ​infrastructure and that ⁠product quality analyses found no impairment beyond disruptions to new activations of its cardiac device remote-monitoring platform.

J.P.Morgan analyst Robbie Marcus said ​the cyberattack clouds visibility into Boston Scientific's underlying business trends, ​delaying investors' ⁠ability to assess growth and competitive dynamics in key franchises, including electrophysiology and heart device Watchman.

The company said major distribution centers are now processing and shipping orders at or ⁠above normal ​levels, sterilization facilities are operational, and manufacturing has ​resumed across most facilities globally.

Boston Scientific plans to provide an updated outlook when it reports third-quarter results on ​October 28.

, /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer and medical cannabis products, today released a fact sheet addressing a number of inaccurate and misleading statements made by Aurora Cannabis Inc. ("Aurora") in connection with Curaleaf's proposal to acquire Aurora.

Curaleaf believes shareholders deserve the facts. While Aurora has focused on criticizing Curaleaf's proposal, shareholders should focus on the fundamental question: which company has a clearer vision for the future and a stronger record of creating shareholder value? The fact sheet below helps shareholders evaluate the choice between Curaleaf's premium offer and Aurora's standalone plan.

Read the fact sheet and learn more at grow.curaleaf.com.

MYTH: "Curaleaf's offer is too low and significantly undervalues Aurora."

FACT: One of the highest premiums in Canadian M&A. A 45% premium is among the higher Canadian M&A premiums of the past decade. Excluding cash on Aurora's balance sheet, Curaleaf's offer represents a 110% premium*. If Aurora's assets are worth more, why has management been unable to unlock that value after years?

More importantly, management's actions don't match its words. Aurora continues to issue shares through its At-the-Market (ATM) program at prices materially below the value implied by Curaleaf's offer. Since Curaleaf's bid, Aurora has accelerated these dilutive issuances while telling shareholders not to tender to a substantially higher value. If management truly believes Aurora is worth so much more, why is it selling stock at lower prices?

MYTH: "Aurora's standalone plan will create more value than Curaleaf's offer."

FACT: Results > promises. Aurora is asking shareholders to continue supporting a "turnaround" strategy that has had nearly six years to prove itself. During this time, management has recorded ~C$5 billion of impairments and ~C$130 million of business transformation costs.

Aurora has overseen negative operating cash flow of more than C$480 million since FY21A, while having one of the highest executive compensation plans among industry peers. ACB's 97% share decline under CEO Miguel Martin speaks for itself. By comparison, Curaleaf generated $447 million of positive operating cash flow since F21.

MYTH: "Aurora just delivered a record year and its strategy is gaining momentum."

FACT: Deteriorating fundamentals, declining outlook. Shareholders should focus on where the business is headed, not where it has been. Management's own guidance says fiscal 2027 revenue is expected to decline to fiscal 2025 levels and adjusted EBITDA is expected to be lower than the prior year.

MYTH: "Curaleaf's shares are overvalued and Aurora shareholders are being offered inflated stock."

FACT: Even Aurora's own advisor disagrees. Aurora argues Curaleaf's shares are overvalued, yet its own financial advisor states that "the trading price of those [Curaleaf] shares can be reasonably regarded as a proxy for their underlying value."

Curaleaf consistently commands a premium because it is the largest publicly traded cannabis company in the world and a leader in profitability and cash flow generation. Aurora can't have it both ways: if Curaleaf's valuation is too high, why is it not high enough for Aurora?

MYTH: "Curaleaf's leverage presents a risk to future equity holders."

FACT: Debt can be repaid; dilution is forever. Curaleaf is the largest cannabis operator by revenue and market cap, among the most profitable by adjusted EBITDA, and is a cash flow leader. Curaleaf's balance sheet compares favorably to peers, and the company's profitability and cash flows support its debt load.

In contrast, Aurora promotes a "debt-free" balance sheet but ignores how that balance sheet was and is being financed. Aurora has raised more than US$400 million since September 2020 through equity issuances at the expense of shareholders and continues to rely on dilutive ATM programs that permanently reduce existing shareholders' ownership.

MYTH: "ACB had substantive discussions with Curaleaf before rejecting our offer."

FACT: They never even discussed price. Aurora never entered into a confidentiality agreement with Curaleaf and never once discussed price. Rather than testing whether additional value could be secured for shareholders, Aurora simply rejected the proposal without even discussing a counteroffer.

MYTH: "The US$5.00 cap imposes a cap on any upside."

FACT: If the cap is the issue, the Board can fix it. Aurora's criticism of the cap structure is a distraction from the significant premium represented by the US$5.00 cap.

The US$5.00 cap price represents an implied premium within the 92nd percentile of Canadian M&A premiums over the last 10 years. The proposed structure encourages ACB shareholders to complete a transaction as soon as possible to lock in the exchange ratio and participate in potential upside and is the same structure that Aurora used in prior M&A transactions.

If Aurora's Board was truly concerned about the cap, they can choose to shorten the 105-day bid period to 35 days and engage constructively with Curaleaf on the particulars of a deal.

MYTH: "Aurora shareholders would trade independent ownership for a minority stake in a company controlled by one individual through multi-voting shares."

FACT: This is about scale, not governance. Aurora shareholders would retain a minority stake in the combined company because Curaleaf is substantially larger than Aurora (>13x market cap prior to the offer).

CURA insiders have nearly US$500 million of their own money invested alongside shareholders, significantly more than Aurora's insider ownership (~20% versus ~1%), and ensuring Curaleaf's management incentives are strongly aligned with shareholders. On the other hand, Aurora insiders have ~10% of the transaction value payable in the event of a change in control. Additionally, since Boris Jordan became CEO, Curaleaf has outperformed Aurora by approximately 57%.

Multi-class voting structures are not a rarity. They are used by many of the largest founder-owned sector leaders, including Alphabet, Meta, Shopify, Palantir, DoorDash, and, among leading cannabis companies, Green Thumb, and Trulieve among others.

MYTH: "Why should Aurora shareholders accept mostly Curaleaf stock?"

FACT: Get paid today, participate in upside tomorrow. Cash consideration represents ~19% of the US$4.00 offer price, in line with precedent Canadian cannabis M&A transactions. Shareholders will receive immediate value while retaining ownership in the largest cannabis company in the sector with broader market exposure, stronger cash generation, and multiple future growth catalysts.

MYTH: "Regulatory reform is already priced into Curaleaf's stock. There isn't much upside left."

FACT: The biggest benefits are still ahead. Federal reform is not a one-time event. The value creation comes from what follows: immediately, materially lower cash taxes and improved free cash flow, and potentially broader institutional ownership, lower financing costs, greater M&A flexibility, access to credit cards, and uplisting to a major U.S. exchange. Those benefits compound over time and have only begun.

MYTH: "Most of Curaleaf's business is Adult Use sales in the United States. That business is still federally illegal."

FACT: Exposure to the world's largest cannabis market is an advantage, not a risk. Our U.S. medical business represents approximately 60%. What's more, U.S. cannabis regulation has been moving steadily in one direction: toward greater normalization, broader acceptance and reduced regulatory barriers. CURA's exposure to the world's largest cannabis market is a benefit and a competitive advantage.

MYTH: "The transaction is not tax efficient for U.S. shareholders"

FACT: Stay invested in the upside. A significant portion of the consideration consists of CURA shares, allowing shareholders to continue their investment in the combined company rather than fully liquidating their position. If tax structuring is a priority for Aurora, they should engage with Curaleaf to negotiate it.

MYTH: "Why would Nasdaq-listed shareholders accept OTC paper?"

FACT: It's about the business, not the exchange. Curaleaf trades on the TSX which is among the largest exchanges globally and is the leading exchange for cannabis issuers. On a 2026 YTD basis, CURA has traded meaningfully more value on the TSX relative to ACB on NASDAQ. Additionally, a Nasdaq listing has not prevented value destruction for ACB shareholders. Lastly, CURA is expected to also trade on a major U.S. exchange once the rescheduling process is completed.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of such statements under applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward looking statements in this news release include statements regarding the terms of the Offer, the expected benefits of the Offer to the combined company and the financial and strategic benefits of the Offer noted above, synergies and efficiencies that may be achieved upon a combination of the businesses of Aurora and Curaleaf; and expectations with respect to business and geographical diversification of the combined entity. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release, including assumptions based upon Aurora's publicly disclosed information, and that there will be no change in the business, prospects or capitalization of Aurora or Curaleaf. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. A more complete discussion of the risks and uncertainties facing the Company appears in the Company's Annual Information Form and continuous disclosure filings, which are available at www.sedarplus.ca.

Cautionary Statement Respecting Aurora Information
The information concerning Aurora contained in this press release has been taken from, or is based upon, publicly available information filed by Aurora with securities regulatory authorities in Canada prior to the date of this press release and other public sources. Aurora has not reviewed this press release and has not confirmed the accuracy and completeness of the Aurora information contained herein. Neither Curaleaf, nor any of its officers or directors, assumes any responsibility for the accuracy or completeness of such Aurora information. Curaleaf has no means of verifying the accuracy or completeness of any of the Aurora information contained in this press release.

Notice to U.S. Holders
The Offer is being made for the securities of a company formed outside of the United States. The Offer is subject to disclosure requirements of Canada that are different from those of the United States. Financial statements included in the documents, if any, will be prepared in accordance with Canadian accounting standards and may not be comparable to the financial statements of United States companies.

It may be difficult for a securityholder in the United States to enforce his/her/its rights and any claim a securityholder may have arising under the U.S. federal securities laws, since the issuer is located in Canada, and some or all of its officers or directors may be residents of Canada or another country outside of the United States. A securityholder may not be able to sue a Canadian company or its officers or directors in a court in Canada or elsewhere outside of the United States for violations of U.S. securities laws. It may be difficult to compel a Canadian company and its affiliates to subject themselves to a U.S. court's judgment.

Securityholders should be aware that the issuer may purchase securities otherwise than under the Offer, such as in open market or privately negotiated purchases.

About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Dark Heart, and Anthem provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com. 

Contacts

Media Contact
Kekst CNC
[email protected]

Investor Contact
Curaleaf Holdings, Inc.
[email protected]

Shareholder Contact
Carson Proxy Advisors
North American Toll Free Phone: 1-800-530-5189
Local (Collect outside North America): 416-751-2066
Email: [email protected]

SOURCE Curaleaf Holdings, Inc.

Amundi lifted its position in The PNC Financial Services Group, Inc (NYSE:PNC – Free Report) by 5.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,824,741 shares of the financial services provider’s stock after purchasing an additional 90,734 shares during the quarter. Amundi owned about 0.46% of The PNC Financial Services Group worth $449,288,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Tobias Financial Advisors Inc. bought a new stake in The PNC Financial Services Group in the second quarter worth $203,000. Groupe la Francaise lifted its position in The PNC Financial Services Group by 47.8% during the second quarter. Groupe la Francaise now owns 1,769 shares of the financial services provider’s stock valued at $436,000 after purchasing an additional 572 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of The PNC Financial Services Group in the 2nd quarter worth $52,888,000. Vancity Investment Management Ltd grew its position in The PNC Financial Services Group by 22.5% in the second quarter. Vancity Investment Management Ltd now owns 39,789 shares of the financial services provider’s stock worth $9,797,000 after acquiring an additional 7,302 shares in the last quarter. Finally, California State Teachers Retirement System lifted its stake in shares of The PNC Financial Services Group by 24,820.0% in the 2nd quarter. California State Teachers Retirement System now owns 154,202,415 shares of the financial services provider’s stock valued at $37,967,719,000 after purchasing an additional 153,583,625 shares during the last quarter. 83.53% of the stock is currently owned by hedge funds and other institutional investors.

The PNC Financial Services Group Trading Up 0.0% Shares of The PNC Financial Services Group stock opened at $245.64 on Tuesday. The PNC Financial Services Group, Inc has a 1 year low of $176.88 and a 1 year high of $258.96. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.85 and a quick ratio of 0.84. The firm has a fifty day moving average price of $249.51 and a 200 day moving average price of $229.96. The stock has a market cap of $98.00 billion, a PE ratio of 13.52, a price-to-earnings-growth ratio of 1.23 and a beta of 0.90.

The PNC Financial Services Group (NYSE:PNC – Get Free Report) last announced its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $4.85 earnings per share for the quarter, beating the consensus estimate of $4.46 by $0.39. The firm had revenue of $6.88 billion for the quarter, compared to analysts’ expectations of $6.51 billion. The PNC Financial Services Group had a net margin of 21.41% and a return on equity of 12.48%. The company’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.85 EPS. Equities research analysts predict that The PNC Financial Services Group, Inc will post 19.25 earnings per share for the current year. The PNC Financial Services Group Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, July 20th were given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from The PNC Financial Services Group’s previous quarterly dividend of $1.70. The PNC Financial Services Group’s dividend payout ratio is 44.03%.

Insider Buying and Selling In other The PNC Financial Services Group news, EVP Michael Thomas sold 1,500 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $238.14, for a total transaction of $357,210.00. Following the transaction, the executive vice president directly owned 5,059 shares in the company, valued at $1,204,750.26. This represents a 22.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stacy M. Juchno sold 3,354 shares of The PNC Financial Services Group stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $255.84, for a total value of $858,087.36. Following the completion of the sale, the executive vice president directly owned 18,800 shares of the company’s stock, valued at $4,809,792. The trade was a 15.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.38% of the stock is currently owned by insiders.

Analysts Set New Price Targets Several equities analysts have recently weighed in on PNC shares. Truist Financial boosted their target price on The PNC Financial Services Group from $257.00 to $264.00 and gave the company a “hold” rating in a research report on Thursday, July 16th. Barclays lifted their price target on shares of The PNC Financial Services Group from $277.00 to $284.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Wells Fargo & Company increased their price objective on shares of The PNC Financial Services Group from $270.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. UBS Group raised their price objective on shares of The PNC Financial Services Group from $263.00 to $288.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Finally, Argus boosted their price objective on The PNC Financial Services Group from $250.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, The PNC Financial Services Group presently has an average rating of “Moderate Buy” and an average price target of $265.73.

Get Our Latest Stock Report on PNC

The PNC Financial Services Group Company Profile (Free Report)

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.

PNC’s core business activities include consumer and business banking, residential mortgage lending, corporate and institutional banking, asset management and wealth advisory services.

Featured Stories Five stocks we like better than The PNC Financial Services Group 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane

Receive News & Ratings for The PNC Financial Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The PNC Financial Services Group and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways Ingevity shares are up 19.2% YTD, supported by portfolio optimization and stronger hybrid demand. Adjusted EBITDA rose 14% to $115 million in Q2, while margin expanded to 36.6%.Ingevity raised 2026 adjusted EBITDA guidance to $380-$400 million amid improved earnings. Ingevity Corporation (NGVT - Free Report) shares have rallied 19.2% year to date. The company has also outperformed the Zacks Chemical - Specialty industry’s 9.1% growth over the same time frame. The rally has been supported by Ingevity’s successful portfolio optimization efforts, stronger demand for higher-value hybrid vehicle applications and pricing initiatives, which have improved earnings and boosted investor confidence in the company’s long-term growth prospects.

Image Source: Zacks Investment Research

Let’s take a look at the factors that are driving NGVT stock. 

Portfolio Transformation & Higher Margins Support GrowthIngevity continues to benefit from its efforts to streamline and optimize its portfolio, with a focus on higher-margin businesses and enhancing the quality of its earnings. The company has made considerable progress in this strategy through the divestiture of its Industrial Specialties business, Ozark Materials Road Markings product line and crude tall oil refinery, while the Advanced Polymer Technologies business remains under the divestiture process. The sale of the Ozark Road Markings business for approximately $65 million strengthened the company’s portfolio.

Ingevity’s earnings are also supported by strategic acquisitions, including Georgia-Pacific’s pine chemicals business. Cost-reduction initiatives, pricing actions and favorable product mix have further aided profitability. These measures have helped the company mitigate inflationary pressures and maintain an impressive financial performance amid an uncertain macroeconomic backdrop.

In the second quarter, adjusted EBITDA climbed 14% year over year to $115 million, while adjusted EBITDA margin expanded to 36.6%. Management also raised its 2026 adjusted EBITDA guidance to $380-$400 million, reflecting confidence in the company’s earnings.

The company is also gaining from the increasing penetration of hybrid vehicles. As consumer preferences have shifted toward hybrids, particularly following the expiration of EV tax credits, demand for advanced and higher-value activated carbon solutions has improved. This trend, together with pricing actions and a favorable product mix, has supported sales and profitability in Performance Materials. Management expects the growing adoption of hybrids to develop into a broader global trend, offering lucrative growth potential in the future.

Overall, continued portfolio simplification, improving margins, pricing benefits and rising demand for higher-value applications should support Ingevity’s earnings growth and enhance long-term shareholder value.

NGVT’s Zacks Rank & Other Key PicksNGVT currently carries a Zacks Rank #2 (Buy). 

Some other top-ranked stocks in the Basic Materials space are Neo Performance Materials Inc. (NOPMF - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and Avient Corporation (AVNT - Free Report) .

While NOPMF currently sports a Zacks Rank #1 (Strong Buy), CRS and AVNT carry a Zacks Rank #2 each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NOPMF’s 2026 earnings is pegged at $1.4 per share, indicating a 185.71% year-over-year increase. NOPMF’sshares have gained 84.1% over the past year.

The Zacks Consensus Estimate for CRS’ fiscal 2027 earnings is pegged at $12.92 per share, indicating a rise of 20.07% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 8.39%.

The Zacks Consensus Estimate for AVNT’s current-year earnings is pinned at $3.2 per share, indicating a 13.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 3.4%. AVNT’s shares have gained 17.4% over the past year.

Nykredit A S bought a new position in EastGroup Properties, Inc. (NYSE:EGP – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 3,780 shares of the real estate investment trust’s stock, valued at approximately $766,000.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of EastGroup Properties during the second quarter valued at about $1,553,186,000. Norges Bank bought a new stake in EastGroup Properties during the 4th quarter valued at approximately $281,054,000. Deutsche Bank AG bought a new stake in EastGroup Properties during the 2nd quarter valued at approximately $114,775,000. Bank of America Corp DE purchased a new position in shares of EastGroup Properties during the 2nd quarter worth approximately $94,505,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of EastGroup Properties during the 2nd quarter worth approximately $93,282,000. Institutional investors own 92.14% of the company’s stock.

Wall Street Analyst Weigh In A number of research analysts have recently commented on EGP shares. Citigroup raised their target price on EastGroup Properties from $235.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Morgan Stanley increased their price objective on EastGroup Properties from $215.00 to $231.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. raised their price objective on EastGroup Properties from $210.00 to $231.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Wells Fargo & Company boosted their target price on shares of EastGroup Properties from $221.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Finally, Royal Bank Of Canada upped their target price on shares of EastGroup Properties from $208.00 to $220.00 and gave the stock a “sector perform” rating in a research report on Monday, August 3rd. Twelve analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $221.68.

View Our Latest Stock Analysis on EastGroup Properties EastGroup Properties Trading Up 0.1% EastGroup Properties stock opened at $198.77 on Tuesday. EastGroup Properties, Inc. has a 12 month low of $163.10 and a 12 month high of $226.71. The company has a market capitalization of $10.69 billion, a price-to-earnings ratio of 34.87, a price-to-earnings-growth ratio of 2.89 and a beta of 1.01. The business’s fifty day simple moving average is $206.86 and its two-hundred day simple moving average is $200.26. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.45.

EastGroup Properties (NYSE:EGP – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.09. The firm had revenue of $193.33 million during the quarter, compared to the consensus estimate of $193.61 million. EastGroup Properties had a return on equity of 8.61% and a net margin of 40.47%.The company’s revenue was up 9.0% on a year-over-year basis. During the same period last year, the company earned $2.21 earnings per share. EastGroup Properties has set its FY 2026 guidance at 9.520-9.660 EPS. As a group, equities analysts predict that EastGroup Properties, Inc. will post 9.6 earnings per share for the current fiscal year.

EastGroup Properties Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a yield of 3.5%. This is a boost from EastGroup Properties’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend is Wednesday, September 30th. EastGroup Properties’s dividend payout ratio is presently 108.77%.

EastGroup Properties Profile (Free Report)

EastGroup Properties, Inc (NYSE: EGP) is a real estate investment trust specializing in the ownership, development and management of industrial properties. Focused primarily on distribution-oriented facilities, the company’s portfolio consists of modern warehouse and light manufacturing buildings located in high-growth Sunbelt markets. EastGroup concentrates on delivering strategic logistics solutions to customers requiring proximity to transportation hubs and major population centers across the southern United States.

Since its founding in 1969, EastGroup has pursued a disciplined growth strategy that combines property development, targeted acquisitions and hands-on asset management.

Read More Five stocks we like better than EastGroup Properties 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding EGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EastGroup Properties, Inc. (NYSE:EGP – Free Report).

Receive News & Ratings for EastGroup Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EastGroup Properties and related companies with MarketBeat.com's FREE daily email newsletter.

The supply dynamics of Hyperliquid [HYPE] strengthened as the protocol accelerated token burns, adding a layer of scarcity around the token’s available supply.

Within 24 hours, Hyperliquid bought and burned 15.35K HYPE worth approximately $1.32 million. The protocol paid an average price of around $86.17, extending its revenue-backed token removal strategy.

As of press time, the total lifetime burns stand at 48.45 million HYPE, valued at $4.11 billion using the current market valuation. 

Significantly, this token burning activity permanently removed approximately 4.84% of HYPE’s maximum token supply.

Therefore, the recent buy extended an already established supply contraction trend rather than representing an isolated burn event,  while preventing those tokens from returning to circulation.

However, the reduced supply still requires sufficient demand to influence the HYPE’s broader price structure. 

The token’s exchange flows and whale accumulation, therefore, provided further evidence that the readily available market supply also tightened.

Whale accumulation strengthens the outflow narrative As of at the time of writing, HYPE had  recorded around $1.39 million in negative spot netflows, implying outflows exceeded inflows during the measured period. 

Noteworthy, the negative reading represented net movement between both flows, not the actual amount withdrawn from exchanges.

Alongside these outflows, Lookonchain highlighted persistent accumulation from a specific trader across ten consecutive days. 

The market participant bought 194,210 HYPE, valued at approximately $16.79 million, through repeated transactions from exchange hot wallets, rather than relying on one large transaction. 

Meanwhile, the negative netflows indicated that the broader exchange balances faced additional withdrawal pressure during the latest session.

Combined with the Hyperliquid’s token burn activity, these developments strengthen the argument for tightening readily available supply. 

Source: CoinGlass HYPE support faces weakening buying strength  At press time, HYPE traded around $84.22 after buyers challenged the $88.14 resistance zone but failed to establish support above the barrier. The price then returned toward the $83.82 level, placing the immediate support under increasing pressure.

Notably, the RSI shows a weakening trendline towards 60.28, while its moving average remained higher at 67.44 level. 

The divergence indicates that buyers faced a cooling strength while defending a level separating consolidation from a potentially deeper retracement.

However, despite the decline, the RSI remained above the neutral territory, leaving the broader recovery structure intact around the current price levels. 

A strong defense of the $83.82 support level will likely preserve another attempt toward the rejected $88.14 resistance  area.

A break above this $88.14 level would strengthen the bullish structure and open a potential path toward the psychological $100 price level. 

However, losing the $83.82 support would increase downside exposure, with $80 becoming the next significant support zone.

Source: TradingView Final Summary HYPE supply tightened as burns, Spot outflows, and whale accumulation aligned. Holding $83.82 would  keep $88.14 level and overhead liquidity within reach.

Bitcoin treasury Strategy has halted stacking sats — again. 

Just one week after resuming its bitcoin buying following a 10-week hiatus, the Nasdaq-listed company has put its BTC purchases on hold again. 

Instead, the firm continued buying back its stock, repurchasing $176 million of STRC and increasing the size of its digital credit securities repurchase program from $1 billion to $2 billion, according to a Tuesday regulatory filing and announcement from founder and chairman Michael Saylor.  

The company still holds 845,050 bitcoins worth over $66 billion at today’s prices and $6.5 billion in dollar reserves. The bitcoins were bought at an average price of $63.73 billion, according to Tuesday’s filing. 

Strategy shares (NASDAQ: MSTR) were trading more than 3% lower Tuesday morning in New York. 

The company paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings. 

Strategy has defended its bitcoin sales, with CEO Phong Le saying that the company now has a “bullet-proof balance sheet” because of the move, and that it was the “right trade at the time” to sell when it did. 

In the company’s quarterly earnings in July, Strategy posted a $8.22 billion loss. But Le reassured investors that the firm’s current paper loss was nothing to worry about.

“We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. 

Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. 

It first bought the cryptocurrency to protect its shareholders from inflation. Since then, it has aggressively bought the asset and pivoted to being a bitcoin treasury. 

Investors can now buy its shares to get heightened exposure to the cryptocurrency, or get paid a yield via its digital credit products. 

Mathew Di Salvo

Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.

Key Takeaways CG is expanding its wealth platform to broaden private-market access for advisors and high-net-worth clients.MAI Capital and Intelliflo add wealth-management distribution and technology capabilities to CG's platform.Carlyle targets more than $2.8 billion in management fees by 2028, up from $2.2 billion in 2025. The Carlyle Group Inc. (CG - Free Report) is expanding its wealth-management business to support fee revenue growth. The company’s segment fee revenues expanded at a 5.7% compound annual growth rate (CAGR) during 2022-2025 and continued to increase in the first half of 2026. As of June 30, 2026, fund management fees represented 73.7% of total segment fee revenues. Expanding its reach among wealth clients and advisors represents an important opportunity for CG to broaden the base supporting future management-fee growth.

To capitalize on this opportunity, Carlyle is expanding its Global Wealth platform to make its private-market strategies more accessible to high-net-worth investors, financial advisors and other wealth clients. The company is strengthening this channel through acquisitions that add both distribution capabilities and technology.

In June 2026, the company completed the acquisition of a majority stake in MAI Capital Management, giving it a direct presence in the advisor-led wealth-management market. The transaction provides CG with a platform to expand its wealth client base and pursue further opportunities in the registered investment adviser market. Earlier, in December 2025, it also acquired Intelliflo from Invesco, adding wealthtech capabilities and digital infrastructure to its platform.

Carlyle is also expanding its wealth reach through partnerships. In April 2026, the company expanded its partnership with SEI to develop private-market solutions for wealth and retirement investors. Earlier, in June 2025, CG partnered with UBS Group’s Unified Global Alternatives business to develop an open-ended private-equity secondaries solution for wealth clients. These partnerships can expand its distribution reach and provide greater access to wealth clients and advisors.

These efforts are expected to strengthen Carlyle’s wealth and retirement business and support future fundraising. The company is targeting more than $2.8 billion in management fees by 2028 compared with $2.2 billion in 2025. Management expects wealth and retirement to account for 20% of more than $200 billion in targeted inflows through 2028. Higher inflows from these channels could increase fee-generating assets and support management-fee revenue growth.

Overall, the company is strengthening its wealth business through acquisitions, technology and partnerships. By expanding access to private-market strategies and broadening its distribution reach, these efforts can drive higher fundraising and fee-generating assets. This expansion will support management-fee growth and create additional avenues for fee revenue growth.

Other Finance Firms Expanding Wealth Management CapabilitiesOther financial firms, including Goldman Sachs (GS - Free Report) and SouthState Bank (SSB - Free Report) , are also expanding their wealth-management businesses to strengthen fee-based revenue and diversify growth.

Goldman Sachs is expanding its Asset & Wealth Management business through acquisitions and new investment offerings. Recent moves, including the acquisitions of Innovator Capital Management and Industry Ventures and the planned acquisitions of NEOS Investments and LCN Capital Partners, are broadening its product capabilities and wealth-management reach. Goldman Sachs’ earnings are projected to rise 13.2% over the next three to five years.

Similarly, SouthState Bank is expanding its wealth-management platform through acquisitions and advisor investments. Trust and investment services income expanded at a 14.6% CAGR during 2021-2025, with growth continuing in the first half of 2026. The Independent Bank acquisition added Private Capital Management, while its merger with SouthState Advisory further strengthened wealth capabilities. SouthState Bank expects fee income to reach 55-60 basis points of average assets in 2026.

Carlyle’s Price Performance & Zacks RankOver the past six months, CG shares have lost 3.8% against the industry’s 15.3% growth.

Image Source: Zacks Investment Research

Currently, Carlyle carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Ripple CTO Emeritus and XRP Ledger chief architect David Schwartz has revealed the operational metrics of his private hub — essentially a major relay server through which other network nodes communicate.

The telemetry covers the period from August 25 to September 8, and validators' interest in it is no coincidence: this is one of XRPL's key nodes. The Ripple veteran's verdict is that the system has fully recovered from the recent crisis and is operating with rock-solid stability, or, as Schwartz himself put it, "Rock Solid."

You Might Also Like

HOT Stories

For the ecosystem, this publication is more than just a set of dry charts — it is a long-awaited seal of approval. Just over a month ago, on July 31, the XRPL network suffered a serious infrastructure crisis.

How one spam attack nearly overloaded the XRP network and why its creator had to personally prove that everything had been fixedAnonymous attackers launched a so-called "manifest storm." A manifest is the digital credential of a validator node, and the attackers flooded the network with thousands of fake credentials, forcing nodes to spend resources processing garbage.

At the time, Schwartz's hub suffered widespread connection failures with an onReadMessage error directly at the agreement stage — the point at which nodes compare the state of the ledger with one another. However, block finalization and consensus itself were not interrupted for even a minute, and the incident was resolved through emergency engineering intervention without shutting down the network.

XRPL Hub Server peer latency metrics from August 25 to September 8, 2026, Source: David SchwartzDevelopers had to rush out the xrpld 3.2.1 hotfix. It limited manifest sizes and reworked data caching for unknown nodes so that the system would no longer waste resources on suspicious participants. A month later, Schwartz presented the first results of the patch under real-world conditions.

You Might Also Like

The latest charts prove that the consequences of the attack have been completely eliminated. The hub reliably maintains around 400 simultaneous connections, peaking at 423, including 135 inbound and 271 outbound connections. Latency — the response time between nodes — fell to 165 milliseconds.

The only anomaly was a one-off spike to 1.49 seconds on September 6, but the algorithms contained it without affecting consensus. Connection drops remained at 84.6 incidents per five-minute interval — a normal background rate rather than a sign of trouble. The malicious activity metric, labeled "Abuse," fell to nearly zero, as the updated protection now filters out almost all garbage traffic.

In essence, this is not a routine uptime report for a single server, but a public audit of the updated xrpld software under real-world load. It confirms that XRPL's infrastructure is ready for long-term, stable operation.

BitMine Immersion Technologies has made another large Ethereum buy, acquiring a total of 28,086 ETH in the past week. Meanwhile, Chairman Tom Lee remains bullish on the future of ETH price after the recent rally.

BitMine Expands Ethereum Treasury With $70 Million Buy The latest acquisition would be valued at around $70 million at the average price of ETH around $2,495. The acquisition is expected to add 5,929,198 ETH to the company’s current holdings, bringing its total ETH stake to 5% of the network’s supply, as it continues to work towards reaching this target.

The company claimed that its Ethereum treasury now accounts for 4.9% of the estimated total ETH supply of 122 million as of Sept. 7. In addition to its crypto holdings, cash, and marketable securities, BitMine’s total assets are approximately $15.7 billion, which also includes strategic investments.

🧵
1/
BitMine provided its latest holdings update for September 8, 2026

$15.7 billion in total crypto + "moonshots":
– 5,929,198 ETH at $2,495 per ETH per ETH per ETH (per @coinbase)
– 211 Bitcoin (BTC)
– $180 million stake in Beast Industries @MrBeast
– $91 million stake in…

— Bitmine (NYSE-BMNR) $ETH $BMNP (@BitMNR) September 8, 2026

Whilst, Lee said that the company has been buying for a long time since it announced the Ethereum treasury plan in June 2025. He noted, “Over the past week, we acquired 28,086 ETH.”

Lee further noted that BitMine has been buying Ethereum since the strategy was initiated, once a week. He said the firm’s build-up is unmatched in terms of its record among publicly listed companies.

The company also revealed that over 5.06 million ETH is currently staked on its Made in America VAlidator Network (MAVAN). Those staked holdings are worth approximately $12.6 billion based on current prices. When it comes to staking revenue, BitMine estimates that it will generate approximately $330 million in annualized revenue based on the current yield.

Tom Lee On The Future of Ethereum, Crypto Market Lee highlighted the strong results in digital assets this quarter. He said Ethereum has been the top-performing macro asset in Q3 2026, beating the S&P 500 by 5,430 basis points. He also pointed out that Bitcoin and Solana are two of the top-performing assets over the past quarter.

Lee further added, “We believe there are multiple positive catalysts as we head into the final months of 2026.”

In addition, Lee underscored upcoming voting on the CLARITY Act in mid-September, rising investor enthusiasm for cryptocurrencies in South Korea and ongoing interest in blockchain tokenization and agentic AI as factors that could fuel the market.

Additionally, BitMine stated that its common stock is up 99% this quarter, the fourth-best performing stock in the Russell 1000, and noted that its common stock has a 14.98% yield. In June, the company joined the Russell 1000 large-cap index, and the crypto segment holds four of the index’s top 21 performers this quarter, the company said.

Cardano released node version 11.1.1 ahead of its next major network era, completing the first of four planned node milestones supporting the Dijkstra hard fork.

Summary

Cardano node 11.1.1 has shipped, removing legacy tracing and addressing known Genesis-related operational issues. Node 11.2 will open most Dijkstra features for testing while excluding Leios consensus components initially. DijkstraNet is expected after node 11.2 for Plutus V4, nested transactions and CIP-50 testing publicly. Intersect’s moderate-confidence hard-fork window runs December 5 through January 4, pending readiness and governance approval. Peras remains planned for a separate intra-era hard fork during the second quarter of 2027. Intersect’s container registry shows that version 11.1.1 was published during the weekend ending Sept. 6. The release removes Cardano’s legacy tracing system and addresses known Genesis-related issues. It also responds to increased memory use identified during testing of node 11.1.0.

The maintenance release arrived as Intersect published a more detailed Dijkstra schedule. Node versions 11.2 and 11.3, followed by the final protocol version 12 release, will progressively introduce the code required for testing and mainnet activation.

Intersect currently places a possible Dijkstra enactment between Dec. 5, 2026, and Jan. 4, 2027, under its “moderate confidence” timeline. A later “high confidence” window runs from Feb. 24 to March 26, 2027.

Those windows remain estimates. Cardano must complete development, public testing, ecosystem preparation and on-chain governance before the hard fork can activate.

Cardano node 11.1.1 begins the release sequence Node 11.1.1 is available through Intersect’s official GitHub container registry. Intersect had previously targeted the week beginning Sept. 7, meaning the package appeared slightly ahead of that stated window.

The release does not activate the Dijkstra era or introduce the full set of planned ledger features. It is a maintenance and preparation update intended for current mainnet use.

Version 11.1.1 removes the older tracing infrastructure used to monitor node operations. Cardano’s development reporting also said it would address higher resident memory use observed in node 11.1.0 benchmarks.

The release registry includes standard, AMD64 and ARM64 versions. Availability across different processor architectures is relevant for stake pool operators and developers running Cardano infrastructure on varied hardware.

Node 11.2 is the next planned milestone. Intersect expects it within about one month of its Sept. 5 update. The version will contain most of the Dijkstra feature set for testing, but it will not be the final hard-fork candidate.

Leios components will be absent from node 11.2 because they primarily concern consensus and block production. Developers should still be able to test the remaining Dijkstra ledger and transaction features.

DijkstraNet will test Cardano’s new transaction features Intersect plans to launch a public network called DijkstraNet after node 11.2 becomes available. The testnet will let developers, stake pool operators and tooling providers test the broader protocol version 12 feature set.

DijkstraNet is expected to include Plutus V4, Nested Transactions and CIP-50 parameters. Other ledger changes tracked in Cardano’s public development repository include new script types, address changes, block-body serialization revisions and changes to reward withdrawals.

Nested Transactions would allow one Cardano transaction to contain other transactions while preserving separate validation conditions. This structure could support more complex applications, coordinated actions and multi-party workflows without requiring every step to operate as an unrelated transaction.

Plutus V4 represents the next version of Cardano’s smart-contract language and execution environment. Testing will be needed to confirm that wallets, decentralized applications, indexers and developer tools correctly interpret the new ledger rules.

CIP-50 concerns pledge leverage and staking rewards. Its inclusion means stake pool operators will need to examine how new parameters could affect incentives and pool economics before mainnet activation.

The official Dijkstra readiness tracker remains open and marked as work in progress. It will close only after developers prepare a node capable of completing the hard fork into a functional Dijkstra era.

DijkstraNet will operate alongside MusashiNet rather than replacing it. MusashiNet is already live and concentrates on Leios, consensus and block-production testing.

This separation allows ledger features and the new consensus architecture to progress in parallel. Results must eventually converge in the node version selected as the hard-fork candidate.

Node 11.3 will combine Dijkstra with Linear Leios Cardano node 11.3 is expected within one to two months, according to Intersect’s Sept. 5 update. It is intended to become the Dijkstra hard-fork release candidate.

Unlike node 11.2, version 11.3 is expected to contain the full Dijkstra feature set, including Linear Leios. It should also be capable of crossing from the current Conway ledger era into Dijkstra during test-network rehearsals.

What does Dijkstra ask of you now?

Good news, there is time to find out and prepare
properly.

Weekly Update #127: inc the node roadmap, what SPOs, developers and DReps can do now, and more…https://t.co/quIAO5zMU0

— Intersect (@IntersectMBO) September 7, 2026 Linear Leios is Cardano’s planned first-stage implementation of Ouroboros Leios. It adds parallel transaction-processing structures around the existing Praos consensus design. The goal is to increase throughput without replacing the security assumptions of Cardano’s base chain.

Testing must examine more than raw transaction capacity. Developers need to evaluate block propagation, network bandwidth, resource use, synchronization, recovery behavior and performance under adverse conditions.

Cardano node 12.0 will become the definitive protocol version 12 release under the project’s naming convention. Intersect has not assigned a publication date.

Intersect described the December-to-January period as a “moderate confidence” window, not a guaranteed activation date.

The organization’s later window, running from Feb. 24 to March 26, allows more time for testing and governance if the earlier schedule cannot be met. Neither window is a fixed hard-fork date.

As previously reported when Cardano published its phased Dijkstra roadmap, the year-end target originally referred partly to code completion. Mainnet activation remains conditional on technical readiness and community approval.

Governance must approve Cardano’s Dijkstra hard fork Cardano cannot activate Dijkstra solely through a software release. The network’s on-chain governance system must approve the constitutional and hard-fork actions required for protocol version 12.

Some new Dijkstra parameters need to be incorporated into the Cardano Constitution’s guardrails before governance can modify them. Intersect has asked participants to monitor its Constitutional Amendment Portal for related proposals.

A constitutional change requires approval under Cardano’s governance rules. A separate hard-fork initiation action must then obtain the required support from delegated representatives, stake pool operators and the Constitutional Committee.

This process was tested during the van Rossem hard fork. As crypto.news reported following its July activation, van Rossem moved Cardano to protocol version 11 after completing the network’s full on-chain approval process.

Van Rossem remained within the Conway era but added Plutus changes and prepared technical foundations for Dijkstra. It was Cardano’s first mainnet hard fork enacted entirely through the current governance framework.

The Dijkstra transition will be broader because it changes the ledger era and introduces more extensive consensus, transaction and smart-contract capabilities. Exchanges, wallets, explorers and decentralized applications must be ready before activation.

Intersect is encouraging stake pool operators and developers to join MusashiNet and DijkstraNet testing. It has also scheduled node-diversity workshops in Singapore on Oct. 6 and London on Nov. 13 and 14.

Amaru, an alternative Cardano node written in Rust, forms another part of that preparation. It can already validate and synchronize with the chain tip, while mainnet block production remains targeted for November 2026.

Node diversity could reduce the network’s reliance on a single Haskell implementation. It also creates another testing requirement because alternative clients must interpret the protocol rules consistently.

Peras remains a separate 2027 upgrade Cardano’s Dijkstra plan has two phases. Phase 1 covers the era transition, Nested Transactions and Linear Leios. Developers are targeting mainnet readiness around the end of 2026, subject to testing and governance.

Phase 2 will activate Ouroboros Peras through a separate intra-era hard fork. Intersect currently targets the second quarter of 2027.

Peras adds stake-based voting on recent chain tips to accelerate settlement. The design aims to provide stronger confirmation sooner than relying only on the normal chain-depth rules of Ouroboros Praos.

Phase 1 will install some of the codecs and protocol parameters needed for Peras. It will not activate the finality mechanism itself. Peras will require its own testnet deployments, readiness checks and governance action.

No verified ADA price movement could be attributed solely to the node release or Intersect’s revised windows. The roadmap provides measurable technical milestones, but the final activation date remains dependent on development and governance.

The next checkpoints are the adoption of node 11.1.1, release of node 11.2, public opening of DijkstraNet and publication of the required constitutional amendments. Node 11.3 will then determine whether Cardano is technically ready to rehearse the full era transition.

FAQs What is the Cardano Dijkstra hard fork? Dijkstra is Cardano’s planned transition to protocol version 12. It will introduce a new ledger era, Nested Transactions, Plutus V4 changes and Linear Leios.

Has Cardano node 11.1.1 been released? Yes. Intersect’s official GitHub package registry shows version 11.1.1 was published before the week beginning Sept. 7.

When will DijkstraNet launch? Intersect expects DijkstraNet after node 11.2. The node is targeted within about one month of the organization’s Sept. 5 update.

When will Cardano activate Dijkstra? Intersect’s earlier estimated window runs from Dec. 5, 2026, to Jan. 4, 2027. Its higher-confidence window runs from Feb. 24 to March 26, 2027. Neither is guaranteed.

Is Peras included in the first Dijkstra hard fork? No. Phase 1 will prepare some required structures, but Peras activation is planned through another hard fork in the second quarter of 2027.