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2026-07-23 17:26 4d ago
2026-07-23 11:01 4d ago
GoDaddy (GDDY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
GDDY Godaddy
FMP Stock News
Original source text
Wall Street expects a year-over-year increase in earnings on higher revenues when GoDaddy (GDDY - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis cloud-based technology products developer is expected to post quarterly earnings of $1.72 per share in its upcoming report, which represents a year-over-year change of +22%.

Revenues are expected to be $1.29 billion, up 6.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.58% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for GoDaddy?For GoDaddy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.59%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that GoDaddy will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that GoDaddy would post earnings of $1.53 per share when it actually produced earnings of $1.60, delivering a surprise of +4.58%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

GoDaddy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-23 17:25 4d ago
2026-07-23 13:20 4d ago
Why ARM's AI Opportunity Could Extend Beyond Market Hype
ARM Arm Holdings
FMP Stock News
Original source text
Key Takeaways ARM's processor architecture could benefit from rising demand for efficient AI computing infrastructure.ARM's royalty model allows growth across smartphones, data centers, automotive and edge devices.ARM supports AI expansion through its ecosystem, licensing model and next-generation computing markets. While investor enthusiasm surrounding artificial intelligence has pushed valuations across the semiconductor sector higher, Arm Holdings’ (ARM - Free Report) long-term opportunity is supported by more than short-term AI excitement. The company’s potential lies in the expanding adoption of its architecture across a broader range of computing markets, which could create durable growth opportunities as AI workloads continue evolving.

Unlike companies focused primarily on AI accelerators or networking solutions, ARM provides the underlying processor architecture that enables efficient computing across a wide range of applications. As enterprises and cloud providers increasingly prioritize energy-efficient infrastructure, demand for ARM-based processors could accelerate, particularly in areas where performance per watt becomes a critical factor.

A key advantage for Arm Holdings is its royalty-driven business model. As more customers adopt Arm-based designs and deploy products across smartphones, data centers, automotive systems and edge devices, the company can benefit from expanding royalty streams without requiring the same level of capital investment as traditional chip manufacturers. This creates the potential for sustainable revenue growth as adoption increases.

The company’s AI opportunity also extends beyond a single market. The rise of customized silicon, AI-enabled devices and specialized computing workloads creates additional avenues for ARM’s architecture to gain broader acceptance. As more industries integrate AI into their operations, the need for efficient and scalable computing solutions could strengthen demand for Arm Holdings’ technology.

Although investor expectations remain high, ARM’s AI opportunity is supported by structural industry trends rather than hype alone. The company’s ecosystem, licensing model and expanding presence across next-generation computing markets provide a foundation for long-term growth.

How Arm Holdings Stacks Up Against Key U.S. PeersNVIDIA (NVDA - Free Report) dominates the AI accelerator market with its GPUs and networking platforms. Unlike Arm Holdings, which primarily generates revenue through licensing and royalties, NVIDIA designs and sells complete hardware and software solutions. While NVIDIA's growth is driven by direct chip sales, ARM benefits as more semiconductor companies adopt its CPU architecture to develop AI-optimized processors, making the two companies complementary in many AI deployments rather than direct competitors.

Advanced Micro Devices (AMD - Free Report) competes in CPUs, GPUs and data center processors, focusing on designing and selling semiconductor products. ARM, in contrast, licenses its processor architecture to a broad ecosystem of chipmakers. As demand for custom AI chips and energy-efficient computing grows, AMD competes through product innovation, while ARM benefits from broader adoption of its intellectual property across multiple customers and end markets.

ARM’s Price Performance, Valuation and EstimatesThe stock has surged a massive 159% year to date, significantly outperforming the industry’s 35% rally.

                                                          Image Source: Zacks Investment Research

From a valuation standpoint, ARM trades at a forward price-to-sales ratio of 45.66X, well above the industry’s 13.56X. It carries a Value Score of F.

                                                               Image Source: Zacks Investment Research

The Zacks Consensus Estimate for the company’s fiscal 2027 earnings has declined over the past 30 days.

ARM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-07-23 17:24 4d ago
2026-07-23 17:01 4d ago
Americké indexy klesají
AMZN Amazon CRM Salesforce CVX Chevron DOV Dover Corporation FCX Freeport-McMoRan GL Globe Life GOOGL Alphabet IBM IBM RTX RTX Corporation TMO Thermo Fisher TSLA Tesla
FIO Stock News
Original source text
23.7.2026 19:01

Index Dow Jones -0,92 % na 51739,82 b. S&P 500 -1,19 % na 7409,52 b. Nasdaq Composite -2,1 % na 25151,85 b.

Index Dow Jones odepisuje téměř procento pří výprodeji technologických společností. Mimo Alphabet klesá i Amazon (- 4,1 %) a Salesforce ( -3,5 %). Z indexu S&P 500 se mimo komunikační služby nedaří zbytné spotřebě, kde reportovala výsledky společnost Tesla (- 14 %).

Thermo Fisher Scientific (8,2 %) roste po kvartálním reportu. Mimo dobré čísla management uvedl, že společnost cítí oživení poptávky ve všech hlavních segmentech. Nejedná se přitom o pouhé doplňování zásob, ale i dodávání analytických přístrojů, jelikož divize Analytical Instruments vzrostla o 15 %. Tržby za minulý kvartál dosahují USD 11,99 mld. a společně se ziskem na akcii USD 6,03 překonávají očekávání trhu. Společnost rovněž navyšuje odhad celoročního zisku na akcii na horní hranu USD 25,33.

Smíšený pocit z kvartálních výsledků mají investoři Freeport-McMoRan (- 2,6 %). Společnost sice dosáhla na lepší ziskovost, než bylo očekávání a reportovala EPS ve výši USD 0,74. Meziroční nárůst prodejní ceny mědi dosáhl 40 %. Vyšší prodejní ceny tak kompenzují nižší objemy produkce, které u zlata dosahují 40 % a u mědi 18 %. Management snížil výhled prodeje v dalším kvartále kvůli pomalému obnovování těžby v indonéském dole, který by měl dosáhnout plnou kapacitu až v příštím roce.

Lockheed Martin (10 %) reportoval silné výsledky za uplynulý kvartál. Růst tržeb dosáhl 11 % na mld. 20,1 USD a zisk na akcii překonal na úrovni USD 7,94 očekávání. Management současně navýšil celoroční výhled a tržby posadil mezi USD 79,75 – 81,75 mld. při zisku na akcii 29,95 – 30,65. Nevyřízené zakázky dosahují historické maximum společnosti USD 230 mld.

Po včerejším uzavření trhu reportovala výsledky i společnost Texas Instruments (- 4,4 %). Růst tržeb meziročně dosáhl na 23 % a nad konsenzus se dostal i zisk na akcii ve výši USD 2,14. Management v dalším kvartálu očekává jeho další růst na USD 2,23 – 2,57. Provozní výsledky a výhled byl slušný, ale trh nadále vyrušuje výše capex investic, které omezuje volné cash flow.

Výsledky dále zveřejnila i IBM (- 0,5 %) a společnost Alphabet (- 6,6 %).

SK Hynix (4,9 %) stanovuje limit na celkový počet vydaných ADR, které se obchodují v USA na 2,5 % všech akcií společnosti.

Uber Technologies (- 2,15 %) propustil 10 % zaměstnanců v divizi Community Operations, která se stará o zákaznickou a řidičskou podporu. Společnost dříve propustila přibližně 23 % zaměstnanců HR. K zefektivnění provozu ji pomáhá umělá inteligence.

Blízký východ je nadále velmi turbulentní. Futures na ropu Brent jsou opět nad USD 100 při téměř 7 % růstu. WTI se obchoduje nad USD 92. Hútíové oznámili, že zaútočili na dva saúdské tankery v Rudém moři. Posilují ropné společnosti. Exxon připisuje 1,87 % a Chevron roste o 1,5 %.

Index S&P 500 -1,19 % na 7409,52 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Průmysl +1,8 % Zbytná spotřeba -4,9 % Energie +1 % Komunikační služby -4,8 % Zdravotní péče +0,8 % Nezbytná spotřeba -1,4 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Allegion (ALLE) +13 % Tesla (TSLA) -14 % United Rentals (URI) +12 % Rollins (ROL) -9,3 % Lockheed Martin Corp (LMT) +10 % Dover Corp (DOV) -7,7 % Thermo Fisher Scientific (TMO) +8,2 % Globe Life (GL) -7,7 % RTX Corp (RTX) +7,2 % T-Mobile US (TMUS) -6,8 %
Marek Kameništiak
Fio banka, a.s.
Prohlášení
2026-07-23 17:24 4d ago
2026-07-23 11:02 4d ago
Harley-Davidson (HOG) Reports Q2 Earnings: What Key Metrics Have to Say
HOG Harley-Davidson
FMP Stock News
Original source text
Harley-Davidson (HOG - Free Report) reported $1.11 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 6.1%. EPS of $0.75 for the same period compares to $0.88 a year ago.

The reported revenue represents a surprise of -0.38% over the Zacks Consensus Estimate of $1.12 billion. With the consensus EPS estimate being $0.62, the EPS surprise was +20.97%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Harley-Davidson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

HDMC Worldwide Motorcycle Shipments - Total: 39,209 versus 39,690 estimated by three analysts on average.Worldwide Retail Sales of Harley-Davidson Motorcycles - United States: 27,574 compared to the 26,837 average estimate based on two analysts.Worldwide Retail Sales of Harley-Davidson Motorcycles - Canada: 2,177 versus 2,230 estimated by two analysts on average.Worldwide Retail Sales of Harley-Davidson Motorcycles - EMEA: 6,959 versus the two-analyst average estimate of 7,309.Revenue- Motorcycles and related products- HDMC revenue- Licensing: $6.3 million versus the three-analyst average estimate of $5.71 million. The reported number represents a year-over-year change of +6%.Revenue- Live Wire: $9.11 million versus the three-analyst average estimate of $4.74 million. The reported number represents a year-over-year change of +51.6%.Revenue- Motorcycles and related products- HDMC revenue- Apparel: $56.07 million versus the three-analyst average estimate of $52.96 million. The reported number represents a year-over-year change of +1.5%.Revenue- Motorcycles and related products (HDMC & Live Wire): $1.11 billion compared to the $1.12 billion average estimate based on three analysts. The reported number represents a change of +6.1% year over year.Revenue- Motorcycles and related products- HDMC revenue- Other: $16.91 million versus $18.5 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.6% change.Revenue- Motorcycles and related products- HDMC revenue: $1.1 billion versus the three-analyst average estimate of $1.11 billion.Revenue- Motorcycles and related products- HDMC revenue- Motorcycles: $848.06 million versus the three-analyst average estimate of $850.82 million. The reported number represents a year-over-year change of +9%.Revenue- Motorcycles and related products- HDMC revenue- Parts & Accessories: $176.95 million compared to the $185.18 million average estimate based on three analysts. The reported number represents a change of -5.3% year over year.View all Key Company Metrics for Harley-Davidson here>>>

Shares of Harley-Davidson have returned +8.1% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
2026-07-23 17:24 4d ago
2026-07-23 12:00 4d ago
Equity Residential Q2 FFO Beats Estimates, Coastal Demand Lifts Results
EQR Equity Residential
FMP Stock News
Original source text
Key Takeaways EQR beat Q2 normalized FFO estimates as same-store NOI benefited from strong occupancy and renewals.Equity Residential raised the midpoint of its same-store revenue and NOI growth outlook for 2026.EQR agreed to an all-stock merger with AvalonBay Communities targeting $175M in annual gross synergies. Equity Residential (EQR - Free Report) reported second-quarter 2026 normalized funds from operations of $1.02 per share, which beat the Zacks Consensus Estimate of $1.01 and rose 3% year over year. Rental income increased 2.1% to $785.05 million but missed the Zacks Consensus Estimate marginally.

Results reflected higher same-store net operating income (NOI) supported by strong physical occupancy and better-than-anticipated renewal rates achieved. The company raised the midpoint of 2026 same-store revenue and NOI guidance.

Same-store residential revenues rose 2.1%, supported by firm occupancy and better-than-anticipated renewal pricing. San Francisco and New York remained the strongest markets.

EQR's Same-Store Operations Maintain MomentumTotal same-store revenues increased 1.9% year over year, while expenses rose 3%. Same-store NOI advanced 1.4%. Physical occupancy was 96.2% compared with 96.6% in the prior-year quarter. We estimated the same to be 96.5%.

Same-store residential lease rates grew 1.8%. Higher ancillary income, utility recoveries and other items added 0.5% to revenue growth, while improved net bad debt contributed 0.2%. Vacancy reduced growth by 0.3%, and leasing concessions lowered it by 0.1%.

Equity Residential Sees Leasing Trends ImproveRenewal pricing remained the primary support for rent growth. The renewal rate achieved was 5.2% in the second quarter compared with 5.1% a year earlier. New-lease rates declined 0.7%, resulting in blended rate growth of 2.8%. 

Preliminary July data showed further progress. Blended rate growth accelerated to 3%, as new-lease change improved to negative 0.1%. Renewal rates remained healthy at 4.9%, while physical occupancy held at 96.2%. Net effective asking rents were up roughly 7.5% from the beginning of 2026.

EQR's Coastal Markets Drive Portfolio GainsSan Francisco continued to outperform expectations. Strong demand drove a 6.5% increase in average rental rates, higher physical occupancy and very low turnover. New York also benefited from limited new supply and strong demand, producing a 4.3% increase in average rental rates.

Performance was softer in Washington, D.C., where a muted labor market weighed on demand. Los Angeles and Seattle entered the primary leasing season with weaker demand, leading to greater concession use, lower occupancy and softer blended rates. Expansion markets continued to absorb elevated available inventory.

Equity Residential Advances Portfolio StrategyDuring the quarter, the company sold two properties containing 515 apartment units for approximately $164 million. The properties, located in Los Angeles and San Francisco, were sold at a weighted-average disposition yield of 5.3%. EQR did not acquire any properties.

The company completed a 440-unit partially owned development in suburban Boston at a total cost of approximately $232.2 million. It also completed an unconsolidated 369-unit development in suburban Seattle costing approximately $185.3 million. The portfolio ended June with 312 properties and 85,520 apartment units.

EQR Moves Toward AvalonBay CombinationEQR and AvalonBay Communities agreed to an all-stock merger of equals that would create a company with more than 180,000 apartments and an enterprise value of approximately $71 billion. The companies expect $175 million of annual gross synergies within 18 months before projected real estate tax reassessments.

Equity Residential Raises Operating OutlookManagement raised the midpoint of its full-year same-store revenue growth outlook by 20 basis points. The revised range is 2.1%-2.7% compared with the previous range of 1.2%-3.2%. The improvement reflects stronger San Francisco momentum and better net bad-debt trends. The company suspended its full-year EPS, FFO and core FFO outlook because of the proposed merger with AvalonBay Communities.

The midpoint of the same-store NOI growth forecast increased 30 basis points. EQR now expects growth of 1.5%-2.1% versus the prior range of 0.5%-2.5%. The expense growth outlook remains 3%-4%, while expected physical occupancy was adjusted to 96.3% from 96.4%.

EQR's Zacks RankEQR currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Earnings ReleasesWe now look forward to the earnings releases of other residential REITs, such as Essex Property Trust (ESS - Free Report) and Invitation Homes (INVH - Free Report) , which are slated to report on July 29.

The Zacks Consensus Estimate for Essex Property’s second-quarter 2026 FFO per share is pegged at $4.03, which implies flat growth year over year. ESS currently carries a Zacks Rank #3.

The Zacks Consensus Estimate for INVH’s second-quarter 2026 FFO per share is pegged at 49 cents, which suggests a year-over-year increase of 2.1%. INVH currently carries a Zacks Rank #3.

Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
2026-07-23 17:24 4d ago
2026-07-23 11:02 4d ago
Cullen/Frost Bankers (CFR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CFR Cullen/Frost Bankers
FMP Stock News
Original source text
Cullen/Frost Bankers (CFR - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis financial holding company is expected to post quarterly earnings of $2.53 per share in its upcoming report, which represents a year-over-year change of +5.9%.

Revenues are expected to be $594.16 million, up 4.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.22% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Cullen/Frost?For Cullen/Frost, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.19%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Cullen/Frost will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Cullen/Frost would post earnings of $2.46 per share when it actually produced earnings of $2.65, delivering a surprise of +7.72%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Cullen/Frost appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Banks - Southwest industry, FinWise Bancorp (FINW - Free Report) , is soon expected to post earnings of $0.24 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -17.2%. Revenues for the quarter are expected to be $46.02 million, up 83.6% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for FinWise Bancorp has remained unchanged. Nevertheless, the company now has an Earnings ESP of -8.33%, reflecting a lower Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that FinWise Bancorp will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-23 17:23 4d ago
2026-07-23 11:49 4d ago
Ralph Lauren FY1Q27 Preview: Solid Fundamentals, But Priced For Perfection
RL Ralph Lauren
FMP Stock News
Original source text
Ralph Lauren is rated hold as valuation approaches luxury peers, with shares up 9.5% YTD and trading at 19x forward earnings. Growth in Asia, particularly China, and women's apparel expansion are key drivers, but further evidence of sustainable execution is needed. Consensus estimates for the upcoming quarter are bullish, with $1.8bn revenue, $4.29 EPS, and a 73% gross margin expected.
2026-07-23 17:22 4d ago
2026-07-23 12:00 4d ago
Bronstein, Gewirtz & Grossman LLC Urges Helen of Troy Limited Investors to Act: Class Action Filed Alleging Investor Harm
HELE Helen of Troy
FMP Stock News
Original source text
NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Helen of Troy Limited (NASDAQ: HELE) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Helen of Troy securities between April 24, 2024 and October 8, 2025, both dates inclusive (the “Class Period”).
2026-07-23 17:22 4d ago
2026-07-23 11:06 4d ago
Reynolds Consumer Products to Post Q2 Earnings: Key Things to Note
REYN Reynolds Consumer Products
FMP Stock News
Original source text
Key Takeaways Reynolds Consumer Products is expected to deliver second-quarter revenue and EPS growth year over year.REYN is leveraging brand strength, pricing and productivity initiatives to support margins and market share.Commodity inflation and cautious consumer demand remain key headwinds ahead of the quarterly results. Reynolds Consumer Products Inc. (REYN - Free Report) is slated to report second-quarter 2026 results on July 29, before market open. The company is likely to report bottom and top-line growth when it posts the quarterly results.

The Zacks Consensus Estimate for the company’s earnings is pegged at 41 cents per share, which indicates an increase of 5.1% from the year-ago quarter’s reported figure. The consensus mark has remained stable in the past 30 days. For second-quarter revenues, the consensus mark is pegged at $941.5 million, indicating a 0.4% rise from the year-ago quarter’s reported figure.

In the last reported quarter, the company delivered an earnings surprise of 12%. Its earnings outperformed the Zacks Consensus Estimate by 5.2%, on average, in the trailing four quarters.

Key Factors to Note For REYN’s Q2Reynolds Consumer Products’ quarterly performance is expected to have benefited from its strength in brands and the solid execution of its strategic efforts. The company is leveraging its strong portfolio, including brands such as Reynolds Wrap and Hefty, to reinforce its leadership across household essentials while adapting to evolving consumer needs. By supporting its iconic brands with targeted advertising and promotional activities, the company aims to gain market share and consistently outperform underlying category growth.

The company has been focused on improving operational efficiency through productivity initiatives across its manufacturing network and supply chain. Investments in automation, procurement optimization and manufacturing efficiencies have been helping REYN reduce costs, improve margins and enhance operational resilience. In addition, the company has successfully implemented price increases and optimized its price-pack architecture to offset rising raw material costs, particularly in aluminum and resin.

REYN’s quarterly results are likely to be further bolstered by innovations and omnichannel capabilities. The company is broadening its portfolio beyond traditional household staples alongside strengthening its market leadership through strategic investments in marketing, merchandising and customer partnerships.

Reynolds Consumer Products continues to strengthen its digital and omnichannel capabilities. Supported by strong execution and high service levels, the company has deepened partnerships with retail customers and improved product availability across online and brick-and-mortar channels. All the aforesaid factors are likely to have driven the company’s performance in the to-be-reported quarter. On its last earnings call, management had guided second-quarter 2026 revenues in the range of down 2% to up 1% compared with the year-earlier quarter’s revenues of $938 million. It had expected earnings per share of 39-43 cents and adjusted EBITDA of $165-$175 million for the to-be-reported quarter.

On the flip side, Reynolds Consumer Products continues to witness higher costs and commodity inflation for a while now. Cost headwinds from rising aluminum and resin prices are likely to have acted as deterrents. The company is also facing uneven demand dynamics across its business segments amid heightened promotional activity and a cautious consumer environment. These factors are likely to have acted as deterrents during the quarter to be reported.

What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for Reynolds Consumer Products this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Reynolds Consumer Products currently has an Earnings ESP of 0.00% and a Zacks Rank of 3.

The recent market movements show that REYN’s shares have risen 23.4% in the past three months compared with the industry's 4.5% growth.

Stocks With the Favorable CombinationHere are some companies, which according to our model, have the right combination of elements to post an earnings beat:

SharkNinja, Inc. (SN - Free Report) currently has an Earnings ESP of +1.29% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

SN is likely to register bottom and top-line growth when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, indicating a 13.5% increase from the figure reported in the year-ago quarter.

The consensus estimate for SN’s second-quarter earnings is pegged at $1.09 per share, implying 12.4% growth from the year-ago quarter’s actual. The consensus mark has dipped a penny in the past 30 days.

MGM Resorts International (MGM - Free Report) currently has an Earnings ESP of +0.08% and a Zacks Rank of 3. MGM is likely to register a top-line increase when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.5 billion, indicating a 1.5% rise from the figure reported in the year-ago quarter.

The consensus estimate for MGM Resorts’ second-quarter earnings is pegged at 60 cents a share, implying a 24.1% decrease from the year-earlier quarter. The consensus mark has been stable in the past 30 days.

Alto Ingredients, Inc. (ALTO - Free Report) currently has an Earnings ESP of +0.05% and a Zacks Rank of 3. ALTO is likely to register bottom-and top-line growth when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $242.7 million, indicating 11.1% growth from the figure reported in the year-ago quarter.

The consensus estimate for ALTO’s second-quarter earnings is pegged at eight cents a share, implying a 153.3% increase from the year-earlier quarter. The consensus mark has been stable in the past 30 days.
2026-07-23 17:22 4d ago
2026-07-23 10:41 4d ago
e.l.f. Stock Hasn't Given Investors a Lot to Cheer About Lately. Here's Why That Could Change.
ELF ELF Beauty
FMP Stock News
Original source text
E.l.f. Beauty (ELF -3.63%) hasn't given investors a lot to cheer about lately, with the stock down about 30% over the past year. However, that could be about to change as the company starts to rev up the growth of its recently acquired Rhode brand and expand its namesake brand into a new category.

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Growth catalysts ahead E.l.f. completed its $1 billion acquisition of Rhode last August. At the time of the deal, the high-end skincare line founded by celebrity Hailey Bieber had quickly grown to over $200 million in sales, offering just a handful of products on its website with little marketing outside of Bieber's own fame. E.l.f. is now in the process of ramping up Rhode's growth, which should help bring renewed interest to the stock.

Before its acquisition, Rhode had already entered an agreement to start being sold in LVMH's Sephora stores. Rhode saw strong success with its launch in U.S. and Canadian Sephora stores, but it has now started to expand overseas. After a highly successful debut at Sephora stores in the U.K. last September, e.l.f. will now expand the Rhode brand throughout Europe, both within Sephora stores and online. It also entered the Australia and New Zealand markets in February, and began offering its products direct to consumers in Mexico in June.

In addition to expanding internationally, Rhode has also started to expand its product assortment. With its Summer 2026 collection, the brand broadened its color cosmetic portfolio by entering the bronzer category while introducing other new items, like its Highlight Milk, its first-ever skin-prep, skin-finish crossover product. This follows an earlier move into spot treatment products, like pimple patches.

Image source: The Motley Fool.

Meanwhile, e.l.f. is also looking to make a big move with its namesake brand. After disrupting the mass-market cosmetics category, the company is now set to go after the hair care category. It said its research showed that 77% of its customers were interested in e.l.f. offering hair care products, and that two limited-edition products scored high marks with consumers. It will enter the category with a new marketing campaign with products including shampoo, conditioner, treatment oil, styling spray/cream, and a styling cream wand. The products will be sold at Target and through TikTok shops.

Between Rhode's increased product assortment and distribution and e.l.f.'s entry into hair care, the company should see strong growth in the coming years. Meanwhile, the stock looks like a bargain, trading at a forward P/E of less than 22 times fiscal 2028 (ending March 2028) analyst estimates. Overall, e.l.f. is a growth stock that looks ready to rally.

Geoffrey Seiler has positions in LVMH Moët Hennessy - Louis Vuitton and e.l.f. Beauty. The Motley Fool has positions in and recommends Target. The Motley Fool recommends Lvmh Moët Hennessy - Louis Vuitton, Société Européenne and e.l.f. Beauty. The Motley Fool has a disclosure policy.
2026-07-23 17:22 4d ago
2026-07-23 11:01 4d ago
KKR & Co. Inc. (KKR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
KKR KKR & Co LP
FMP Stock News
Original source text
KKR & Co. Inc. (KKR - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $1.41 per share in its upcoming report, which represents a year-over-year change of +19.5%.

Revenues are expected to be $1.52 billion, up 18.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.24% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for KKR & Co.?For KKR & Co., the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.21%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that KKR & Co. will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that KKR & Co. would post earnings of $1.28 per share when it actually produced earnings of $1.39, delivering a surprise of +8.59%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

KKR & Co. doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-23 17:21 4d ago
2026-07-23 12:41 4d ago
LZ or GWW: Which Is the Better Value Stock Right Now?
LZ LegalZoom.com
FMP Stock News
Original source text
Investors interested in Industrial Services stocks are likely familiar with LegalZoom (LZ) and W.W. Grainger (GWW).
2026-07-23 17:21 4d ago
2026-07-23 13:02 4d ago
Cleveland-Cliffs Q2: A Make-Or-Break Moment For The Stock
CLF Cleveland-Cliffs
FMP Stock News
Original source text
Cleveland-Cliffs Inc. stock is up sharply after the company provided strong guidance for the upcoming quarter. Short-term momentum will likely be sustained, and the valuation gap with more profitable competitors should narrow down. Market participants, however, will likely continue to attach a higher risk premium on CLF stock given the company's history of underperformance.
2026-07-23 17:21 4d ago
2026-07-23 11:08 4d ago
Mobileye Global Q2 Earnings Call Highlights
MBLY Mobileye Global Common Stock
FMP Stock News
Original source text
3 Stocks That Could Benefit as the Robotaxi Race Heats UpMobileye Global NASDAQ: MBLY reported a largely stable second quarter for revenue while profitability improved sharply, as executives pointed to stronger-than-market EyeQ chip volumes, a new Israeli research and development incentive and an expanded push into robotaxis as key themes for the company’s next phase.

On the company’s second-quarter 2026 earnings call, President and Chief Executive Officer Amnon Shashua said Mobileye’s core business “continues to perform very well in 2026,” providing what he called “a strong foundation” for upcoming advanced product launches. For the quarter ended June 27, 2026, EyeQ volume rose 3% year over year, outperforming the production volume of Mobileye’s top 10 customers by more than eight percentage points, Shashua said.

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Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?Revenue was $508 million, which Chief Financial Officer Moran Shemesh said was relatively flat compared with the year-earlier quarter, Mobileye’s highest revenue quarter of 2025. Shemesh said volume totaled 10 million units, above the company’s expectations, driven by higher share within certain automakers, higher ADAS fitment rates in emerging markets and stronger China OEM export volume.

Profitability Boosted by Israeli R&D Incentive Mobileye’s adjusted operating income was $155 million in the second quarter, up 46% from a year earlier, while adjusted operating margin expanded to 31%, up about 10 percentage points from the second quarter of 2025. Shemesh said the increase was more than accounted for by the recognition of $93 million in contra R&D expense tied to a new R&D incentive enacted by the Israeli government during the quarter.

Mobileye's Manic Monday: A Buy Signal in Auto TechAbout half of that benefit related to the second quarter, while the other half reflected the retroactive first-quarter impact, Shemesh said. She added that the new regime became law during the second quarter but is effective from the start of 2026. Mobileye expects the benefit to continue in future years, though Shemesh noted it is subject to potential changes in law and could vary by quarter based on qualifying R&D expenditures, exchange rates and other factors.

Shashua said the first half of the year provides a more representative view of Mobileye’s underlying performance because the second quarter included the first-quarter R&D credit impact. First-half revenue rose 13% year over year, while production volume at the company’s core customers declined 3%, he said. First-half adjusted operating margin was 23%, up six percentage points from a year earlier. Mobileye generated $210 million of operating cash flow in the first half.

Guidance Raised for 2026 Mobileye increased its full-year revenue outlook to a midpoint of $1.995 billion and tightened the range, implying 4% to 7% revenue growth. Shemesh said the midpoint assumes slightly more than 39 million EyeQ units, nearly 1 million more than the company’s prior outlook. The upside is being partially offset by lower expectations in the aftermarket and Moovit businesses and the pushout of some advanced product samples into 2027.

The company also raised its adjusted operating income outlook to a midpoint of $395 million, up from $210 million previously. Mobileye is incorporating $180 million to $200 million of benefit from the R&D incentive in its full-year outlook. Shemesh said this positive impact, along with higher revenue, is being partly offset by increased spending to support early robotaxi expansion activities and a modest rise in operating expenses related primarily to foreign exchange.

For the third quarter, Shemesh said Mobileye expects 9.3 million to 9.5 million EyeQ units and revenue to decline about 5% to 6% year over year. Gross margin is expected to be slightly below second-quarter levels, while operating expenses excluding the R&D incentive are expected to rise slightly from the second quarter due to typical seasonality.

Robotaxi Strategy Expands Beyond Supplying Technology Shashua said Mobileye has decided to establish a “fully vertically integrated robotaxi offering” in which the company will control all aspects of the value chain. The initiative targets a 2027 launch in at least one U.S. city and will proceed in parallel with Mobileye’s existing self-driving system development.

Shashua said Mobileye has gained confidence from the progress of its work with Volkswagen Group company MOIA, including public rider testing with safety drivers in Hamburg, Germany, using vehicles equipped with Mobileye’s self-driving system. He said the company expects additional milestones through 2026 and 2027.

During the question-and-answer portion of the call, Shashua said several factors had changed since Mobileye previously considered whether to operate robotaxi fleets itself. He cited increased availability of level-four-ready base vehicles, more mature compute and sensor stacks, and greater clarity on demand and revenue per robotaxi. He said Mobileye’s calculations indicate revenue of about $125,000 per robotaxi per year, which he called conservative, and a vehicle cost below $100,000 with Mobileye’s sensors and compute.

Shashua said the strategy would give Mobileye flexibility, including operating vehicles in its own service, deploying them on third-party platforms or selling vehicles to robotaxi operators with recurring revenue as vehicles generate rider fares. The company plans to use Moovit, its mobility division, for fleet supply, demand optimization, trip planning and rider engagement. Shashua said Moovit will shift resources away from the B2B side of its business and reduce headcount to focus on the new strategy.

ADAS, China Exports and Advanced Programs Mobileye executives said the company continues to benefit from several secular drivers, including growth in India, exports by Chinese automakers into emerging markets and new customer wins. Shashua said Surround ADAS is expected to drive average selling price growth starting in 2028.

Shashua also discussed recent Stellantis awards, saying Mobileye won a high-volume 2027 program with Cloud-Enhanced ADAS that supports highway hands-free driving in a cost-efficient package. He said a lower-volume, later-timing, higher-risk program was awarded to other suppliers, an outcome he described as consistent with how automakers are allocating risk.

Nimrod Nehushtan, executive vice president of business development and strategy, said the Stellantis program is an upgrade of an existing production project and will introduce REM through Cloud-Enhanced ADAS. He said the implementation is relatively straightforward for the automaker and provides Mobileye with a tailwind in average selling price. Nehushtan said Stellantis intends to adopt the technology broadly across its vehicles beginning in 2027, gradually moving toward standard-fit integration of REM in its fleet.

On China, Nehushtan said Mobileye has benefited from export growth at Chinese automakers including Geely and Chery, with “the vast majority” of those export volumes using Mobileye’s EyeQ system. He said those automakers have also nominated Mobileye for future programs, which he described as a vote of confidence in Mobileye’s system for export markets.

CEO Succession and Long-Term Opportunities Shashua addressed his decision to step down as chief executive once a successor is appointed, saying Mobileye is entering a new phase as SuperVision, Chauffeur and Drive move toward commercialization. He said the board has assembled a search committee and is “casting a wide net” for the company’s next leader.

Following the appointment of a successor, Shashua said he aims to focus on technology strategy, innovation and long-term opportunities. He identified robotaxis and humanoid robotics as major long-term opportunities built on the same “physical AI foundation.”

In response to analyst questions, Shashua said he believes autonomous vehicle technology is “largely solved” from a scientific standpoint for the programs Mobileye has underway, while humanoid robotics remains an area where he wants to spend more time. He said Mobileye is still targeting 2028 for an initial humanoid robot deployment, with a business-to-consumer focus and about 500 units expected to be built that year.

About Mobileye Global (NASDAQ:MBLY)Mobileye Global Inc NASDAQ: MBLY is a leader in the development of advanced driver-assistance systems (ADAS) and autonomous driving technologies. Headquartered in Jerusalem, Israel, the company designs and supplies computer vision-based solutions that enable vehicles to detect and respond to road conditions, obstacles and signage. Mobileye's core offering centers on its proprietary EyeQ system-on-a-chip (SoC) family, which processes video streams from automotive cameras to deliver features such as lane-keeping assist, adaptive cruise control, collision prevention and traffic sign recognition.

Founded in 1999 by Prof.

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 Mobileye Global Right Now?Before you consider Mobileye Global, you'll want to hear this.

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2026-07-23 17:19 4d ago
2026-07-23 11:10 4d ago
NVR (NVR) Lags Q2 Earnings and Revenue Estimates
NVR NVR
FMP Stock News
Original source text
NVR (NVR - Free Report) came out with quarterly earnings of $83.96 per share, missing the Zacks Consensus Estimate of $94.82 per share. This compares to earnings of $108.54 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -11.45%. A quarter ago, it was expected that this homebuilder would post earnings of $78.25 per share when it actually produced earnings of $67.76, delivering a surprise of -13.41%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

NVR, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $2.28 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 5.23%. This compares to year-ago revenues of $2.55 billion. The company has topped consensus revenue estimates two 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.

NVR shares have lost about 12.9% since the beginning of the year versus the S&P 500's gain of 9.6%.

What's Next for NVR?While NVR 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 NVR was unfavorable. 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 #4 (Sell) for the stock. So, the shares are expected to underperform 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 $107.42 on $2.59 billion in revenues for the coming quarter and $371.11 on $9.59 billion 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, Building Products - Home Builders is currently in the bottom 16% 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.

Another stock from the same industry, M/I Homes (MHO - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 29.

This homebuilder is expected to post quarterly earnings of $3.17 per share in its upcoming report, which represents a year-over-year change of -28.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

M/I Homes' revenues are expected to be $1.18 billion, up 1.8% from the year-ago quarter.
2026-07-23 17:17 4d ago
2026-07-23 11:01 4d ago
Tempus AI (TEM) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
TEM Tempus AI
FMP Stock News
Original source text
Tempus AI (TEM - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis health care technology company is expected to post quarterly loss of $0.12 per share in its upcoming report, which represents a year-over-year change of +45.5%.

Revenues are expected to be $381.58 million, up 21.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.59% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Tempus?For Tempus, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +21.74%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Tempus will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Tempus would post a loss of$0.21 per share when it actually produced a loss of -$0.13, delivering a surprise of +38.10%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Tempus appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-23 17:17 4d ago
2026-07-23 13:00 4d ago
Tennant Company to Report Second Quarter 2026 Results on August 5, 2026
TNC Tennant
FMP Stock News
Original source text
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026, with a conference call to follow at 10:00 a.m. Eastern Time/ 9:00 a.m. Central Time on Thursday, August 6, 2026. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the compa.
2026-07-23 17:17 4d ago
2026-07-23 11:38 4d ago
An AI now judges every move Rubrik's agents make, its AI chief said at VB Transform 2026 — but no one's measured if the judge is right
RBRK Rubrik
FMP Stock News
Original source text
At a CISO roundtable organized by Anthropic's chief information security officer, Dev Rishi asked a simple question: Did everyone in the room have their AI governance and security policies written down? Every hand went up — about 14 people, by his count.
2026-07-23 17:15 4d ago
2026-07-23 13:10 4d ago
Will Iamgold (IAG) Beat Estimates Again in Its Next Earnings Report?
IAGOLD IAMGold
FMP Stock News
Original source text
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Iamgold (IAG - Free Report) . This company, which is in the Zacks Mining - Gold industry, shows potential for another earnings beat.

This gold and niobium mining company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 27.10%.

For the last reported quarter, Iamgold came out with earnings of $0.66 per share versus the Zacks Consensus Estimate of $0.52 per share, representing a surprise of 26.92%. For the previous quarter, the company was expected to post earnings of $0.55 per share and it actually produced earnings of $0.7 per share, delivering a surprise of 27.27%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Iamgold lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Iamgold currently has an Earnings ESP of +0.19%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on August 6, 2026.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
2026-07-23 16:58 4d ago
2026-07-23 10:56 4d ago
Wall Street Analysts See a 107.53% Upside in Bright Minds Biosciences Inc. (DRUG): Can the Stock Really Move This High?
DRUG Bright Minds Biosciences
FMP Stock News
Original source text
Shares of Bright Minds Biosciences Inc. (DRUG - Free Report) have gained 14% over the past four weeks to close the last trading session at $75.46, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $156.6 indicates a potential upside of 107.5%.

The average comprises five short-term price targets ranging from a low of $126.00 to a high of $220.00, with a standard deviation of $36.46. While the lowest estimate indicates an increase of 67% from the current price level, the most optimistic estimate points to a 191.6% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.

But, for DRUG, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Why DRUG Could Witness a Solid UpsideAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 0.8%.

Moreover, DRUG currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much DRUG could gain, the direction of price movement it implies does appear to be a good guide.
2026-07-23 16:58 4d ago
2026-07-23 12:36 4d ago
Sezzle vs. Upstart: Which Fintech Stock Is the Better Buy Now?
SEZL Sezzle
FMP Stock News
Original source text
Key Takeaways Sezzle's subscriber growth, repeat use and expanding services support a stronger investment case.Sezzle raised 2026 revenue growth guidance to 30%-35% and adjusted net income to $180 million.Upstart's cheaper valuation reflects greater funding, credit-cycle and profitability risks. Sezzle Inc. (SEZL - Free Report) and Upstart Holdings, Inc. (UPST - Free Report) give investors two very different ways to invest in financial technology. Sezzle is building a broader payments relationship around buy now, pay later, subscriptions and everyday spending. Upstart is trying to improve consumer lending by helping banks and institutional investors make credit decisions through artificial intelligence.

That difference matters more than a simple comparison of recent growth rates. Sezzle’s progress depends largely on getting consumers to use its platform more often while controlling credit losses and transaction costs. Upstart’s opportunity depends on improving its underwriting models, attracting borrowers and keeping enough third-party funding available for loans.

Both companies can benefit as digital finance gains wider use, but they carry different risks. Sezzle has a smaller platform and a more concentrated business, while Upstart is more exposed to lending cycles, interest rates and capital-market conditions. The better investment, therefore, comes down to business quality, earnings consistency, growth durability and valuation rather than which company posted the faster quarterly increase.

The Case for SEZLSezzle’s main strength is that its growth is increasingly coming from deeper customer relationships. Instead of relying only on shoppers who use buy now, pay later at checkout, the company is steering users toward paid subscriptions and repeat activity. Active subscribers reached 714,000 in the first quarter, up 48.4% from a year earlier, while subscribers placed about nine times as many orders as non-subscribers, on average. This gives Sezzle a more recurring and engaged customer base than a basic checkout service would provide.

That engagement can make Sezzle’s model more durable. On a year-over year basis, average quarterly purchase frequency rose from 6.1 to 7.1 transactions, suggesting that customers are finding more reasons to return to the platform. Features such as the Earn Tab, which rewards in-app activity, appear to support that behavior. Sezzle said users had a 55% higher buy now, pay later conversion rate within 30 days of their first Earn Tab activity. The company’s marketing payback period also remained below six months, indicating that growth spending is producing results relatively quickly.

Sezzle is also becoming less dependent on one payment format. Pay-in-5, longer-term installment options, a Canadian virtual card and the Sezzle Mobile plan expand the number of situations in which customers can use the brand. These additions will not all become major profit sources, but they support the broader aim of turning Sezzle from an occasional checkout button into a regular financial tool. This strategy compares favorably with Upstart’s expansion because Sezzle can fund much of its product development from existing profits rather than waiting for new lending capital.

The financial results support this bullish view, but they are evidence rather than the whole argument. Sezzle produced a 37.9% net margin and a 52.5% adjusted EBITDA margin while continuing to increase marketing spending. Management also raised its 2026 revenue-growth outlook to 30%-35% and adjusted net income guidance to $180 million. Those numbers suggest that higher engagement is translating into meaningful operating leverage. Credit performance can still vary by season and consumer conditions, but Sezzle currently combines growth, profitability and product expansion more effectively than Upstart.

The Case for UPSTUpstart offers a larger long-term market opportunity because its technology can potentially be used across several major lending categories. Its platform already covers personal loans, auto lending, home equity products and revolving credit. If its models can assess risk more accurately than traditional scoring systems, banks may approve more suitable borrowers without accepting weaker expected returns. More than 90% of Upstart loans are fully automated, which shows that the platform can process significant volume without requiring manual work for every application.

Product diversification is another positive. Personal lending remains the economic core of the company, but auto and home products give Upstart additional ways to grow. Auto originations increased more than 300% year over year in the first quarter, while home originations rose about 250%. These businesses are still developing, and management has indicated that the focus is beginning to move from pure volume growth toward better unit economics. The shift is sensible, although investors still need evidence that the newer products can produce attractive returns at scale.

Funding availability has also improved. Upstart secured more than $4 billion of committed capital early in 2026 and renewed an agreement under which Neuberger-managed funds may invest in as much as $600 million of consumer loans. Second-quarter originations reached approximately $4.23 billion, including $1.5 billion in June. These developments reduce near-term funding concerns and indicate that institutional investors continue to support loans generated through the platform. However, Upstart remains more dependent than Sezzle on outside funding and credit-market confidence.

The concern is that rapid platform growth has not yet translated into equally strong earnings growth. Upstart reported 44% revenue growth in the first quarter, but contribution margin fell to 50%, adjusted EBITDA margin was 13%, and the company remained unprofitable under GAAP. Management expects margins to improve during the year, and its full-year outlook calls for approximately $294 million in adjusted EBITDA. Still, compared with Sezzle, Upstart has less room for execution errors and greater sensitivity to borrower demand, credit performance and funding costs.

How Do Estimates Compare for SEZL & UPST?The Zacks Consensus Estimate for Sezzle’s 2026 and 2027 sales implies year-over-year growth of 31.60% and 25.06%, respectively. The consensus mark for 2026 and 2027 EPS suggests a year-over-year increase of 42.06% and 25.74%, respectively. Over the past 30 days, estimates for SEZL’s 2026 and 2027 EPS have been revised upward.

For Sezzle:

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Upstart’s 2026 and 2027 sales calls for year-over-year growth of 36.53% and 30.61%, respectively. The consensus estimates for both 2026 and 2027 EPS have been revised marginally downward over the past 30 days. However, the figures suggest a year-over-year increase of 29.31% and 44.89%, respectively.

For Upstart:

Image Source: Zacks Investment Research

Price Performance and Valuation of SEZL & UPSTOver the past three months, Sezzle shares have surged 121.4%, while Upstart shares have declined 14.5%. In comparison, the S&P 500 composite has advanced 4.5% in the same time frame. 

Image Source: Zacks Investment Research

Following the share rally, SEZL is trading at a forward 12-month price-to-sales of 8.67X, which is above its one-year median of 4.62X. Meanwhile, UPST is presently trading at a forward 12-month price-to-sales of 1.64X, which is below its one-year median of 3.15X.

Upstart is clearly cheaper on this measure. However, Sezzle’s premium reflects its stronger margins and more direct conversion of revenues into earnings. The valuation gap means SEZL carries higher expectations, but UPST’s discount is partly compensation for greater funding, credit-cycle and profitability risks.

Image Source: Zacks Investment Research

ConclusionSezzle appears to be the better stock to consider buying. Subscriber growth, rising purchase frequency, expanding services and disciplined customer acquisition are strengthening the underlying business. Its established profitability also gives management more control over how quickly it invests and expands.

Upstart still has meaningful potential. Its AI lending technology, growing product range and improved funding network could support strong long-term growth. However, the company must show that rising originations can produce steadier margins and GAAP profits. Given the balance between growth and execution risk, it seems prudent for investors to retain UPST shares, while SEZL enjoys the stronger investment case.

SEZL currently carries a Zacks Rank #2 (Buy), while UPST has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-07-23 16:57 4d ago
2026-07-23 11:02 4d ago
GE Vernova Q2 Earnings Call Highlights Bigger Capacity Push
GEV-US GE Vernova
FMP Stock News
Original source text
Key Takeaways GE Vernova reported a $176B backlog as equipment orders more than doubled in Q2.GE Vernova raised 2026 revenues and free cash flow guidance after strong cash generation.GE Vernova signed 20 GW of gas power orders and slot reservation agreements in the quarter. GE Vernova Inc. (GEV - Free Report) used its second-quarter earnings call to press a bigger long-term capacity case, arguing that demand in gas power and electrification is broadening faster than near-term earnings noise would suggest. Scott Strazik and Kenneth Parks centered the discussion on backlog, output expansion and cash generation rather than the quarterly earnings per share (EPS) miss.

Management raised full-year revenues and free cash flow guidance, outlined a path to 30 gigawatts of annual gas output by 2030 and pointed to data center demand as an expanding revenue opportunity across electrification products.

GEV Backlog Keeps Moving Higher

Chief executive officer Scott Strazik said that equipment orders more than doubled in the quarter and service orders rose 15%, pushing the total backlog to $176 billion. Strazik added that backlog was up $13 billion sequentially and remains on track to reach $200 billion in 2027.

Chief financial officer Kenneth Parks said that second-quarter orders reached $24.2 billion, up 88% year over year, with a book-to-bill ratio of more than 2 times. Equipment backlog climbed to $88 billion, while services backlog also reached $88 billion, helped by Power.

GEV reported earnings of $2.47 per share, missing the Zacks Consensus Estimate of $3.17. The company reported revenues of $11.10 billion, which beat the consensus mark of $10.77 billion. The quarter’s central investor message, though, was that backlog growth and cash conversion carried more weight in management’s narrative than the EPS shortfall.

GE Vernova Pushes Gas Capacity Higher

Strazik said that GE Vernova signed 20 gigawatts of gas power orders and slot reservation agreements in the quarter, lifting total gigawatts under contract from 100 to 116 sequentially. He said that the company now expects at least 125 gigawatts under contract by year-end.

Strazik also laid out a more ambitious output plan. After reiterating that GE Vernova is on track for a 20-gigawatt annualized run rate in the third quarter and 24 gigawatts in 2028, the company now sees a capital-efficient path to 30 gigawatts of annual gas output in 2030 using lean improvements, incremental machinery and existing factory space.

In Q&A, Strazik said that most of that 2030 capacity will already be sold this year and more than half of 2031 slots should be under contract by year-end. He also tied today’s equipment build-out to future services demand, noting that the growing HA turbine fleet will create a larger outage and maintenance opportunity later in the next decade.

GEV Lifts 2026 Revenues and Cash View

Parks said that second-quarter free cash flow was $5.1 billion, helped by a $6.4 billion working capital benefit from higher down payments tied to gas slot reservations and stronger electrification orders. Year to date, free cash flow reached roughly $9.9 billion, already more than all of 2025.

That strength drove a sharp guidance increase. GE Vernova now expects 2026 revenues of $45.5 billion to $46.5 billion, up from $44.5 billion to $45.5 billion, and free cash flow of $11.5 billion to $12.5 billion, up from $6.5 billion to $7.5 billion. Adjusted EBITDA margin guidance stayed at 12% to 14%.

Parks said that the company ended the quarter with about $13 billion of cash after returning $2.5 billion to shareholders in the quarter and about $3.9 billion year to date. He also said that GE Vernova remains committed to an investment-grade balance sheet.

GE Vernova Finds a Bigger Data Center Opening

Strazik said that electrification booked $2.7 billion of data center orders in the second quarter, bringing the first-half total above $5 billion, more than double the full-year 2025 level. Parks said that segment orders rose 66% year over year to roughly $6.3 billion, with especially strong demand in substations, switchgear and transformers.

Management also used the call to widen the discussion beyond today’s product set. Strazik said that GE Vernova’s current data center revenue scope of roughly $300 million per gigawatt could expand by two to three times as products such as medium-voltage uninterruptible power supply blocks and solid-state transformers move toward commercialization.

Solid-state transformer orders were framed as a 2027 and beyond story, while medium-voltage UPS products could begin contributing sooner if current customer work advances into orders.

GEV Q&A Reinforces Demand Confidence

Questions from Deutsche Bank, BofA and Wolfe Research pressed management on whether the gas demand cycle is becoming too front-loaded. Strazik answered by emphasizing geographic breadth, citing activity in the United States, Brazil, Qatar, Taiwan, Saudi Arabia and Mexico, while also pointing to continuing discussions for 2032 and beyond.

A Morgan Stanley analyst asked whether 2026 could mark peak gas turbine orders. Strazik declined that framing and instead said GE Vernova sees a clear pathway to continue growing contracted gigawatts through 2027, even as conversion timing will depend on engineering, procurement and construction readiness.

The tone in Q&A was notably firm. Management did not retreat from the demand outlook when pushed on industry capacity, labor ramp or project timing, and Parks added that labor investments had been made early enough to support the move from 15 to 20 gigawatts.

GE Vernova Stays Focused on Execution

The closing message from management was that GE Vernova sees itself operating from a position of strength, with backlog, pricing and customer down payments funding a larger build-out cycle. Strazik repeatedly tied that stance to lean execution, robotics, automation and disciplined capital allocation.

Just as important, the company did not portray the quarter as a one-off spike. The call framed current demand as part of a multiyear electricity investment cycle spanning gas power, grid equipment and service revenue tied to the installed base.

Zacks Rank and Style Scores Signal

Currently, GEV carries a Zacks Rank #2 (Buy), along with a Growth Score of B, a Momentum Score of B, a Value Score of F and a VGM Score of C. Zacks Rank #1 (Strong Buy) and #2 stocks have the strongest near-term earnings revision profile, while A and B Style Scores point to more attractive characteristics within value, growth or momentum disciplines. You can see the complete list of today’s Zacks #1 Rank stocks here.

That mix points to stronger growth and momentum characteristics than value appeal right now. The VGM Score of C suggests a more balanced, middle-of-the-pack profile when all three style factors are combined, and the Zacks Rank can change as analysts revise estimates after the just-reported results.
2026-07-23 16:57 4d ago
2026-07-23 12:00 4d ago
Revenue Growth & Margin Expansion Aid GEV's Q2: More Upside Ahead?
GEV-US GE Vernova
FMP Stock News
Original source text
Key Takeaways GE Vernova grew Q2 revenues 22%, expanded margins and raised 2026 revenue and free cash flow guidance. GEV posted $24.2B in orders and added $13B to backlog, supported by Power and Electrification demand. GEV said data center orders topped $5B year to date, more than double the 2025 level. GE Vernova (GEV - Free Report) reported mixed results in the second quarter of 2026, missing on the bottom line but surpassing the Zacks Consensus Estimate for revenues. Both top and bottom lines expanded year over year, driven by robust equipment growth in Power and Electrification units. Significant orders and backlog growth, margin expansion and cash generation were witnessed in the June quarter. In the second quarter, GEV witnessed backlog growth of $13 billion sequentially from equipment and services.

During the June quarter, orders increased 88% organically to $24.2 billion. Revenues of $11.1 billion increased 22%, led by equipment growth at Electrification and Power, along with higher services. Margins expanded significantly owing to higher volume, price and productivity.

In the Power segment, orders surged 134% organically and revenues of $5.5 billion increased 14%, led by Gas Power equipment. In Electrification, revenues surged 66% organically to $6.3 billion, driving a book-to-bill ratio of approximately 1.7, with continued strong demand for grid equipment. Revenues of $3.6 billion increased significantly, driven by Power Transmission and Grid Systems Integration.

The company expects the Power and Electrification units to continue performing well and has raised its 2026 guidance. GE Vernova now expects revenues in the band of $45.5-$46.5 billion, up from $44.5-$45.5 billion. Free cash flow is now expected in the band of $11.5-$12.5 billion, up from $6.5-$7.5 billion. In the Power segment, 18-20% organic revenue growth is now anticipated, up from 16-18%. 

Revenues in the Electrification unit are now expected in the band of $14.5-$15 billion, inclusive of approximately $3.1 billion from Prolec GE, up from $14-$14.5 billion, inclusive of approximately $3 billion from Prolec GE. Driven by demand growth in Electrification, data center orders have reached more than $5 billion year to date, more than double the 2025 number.

GE Vernova's Power and Electrification equipment businesses are expected to be major growth drivers in the coming years, supported by rising global electricity demand, grid modernization and the accelerating adoption of artificial intelligence. Companies like GEV are investing heavily in new gas-fired generation to ensure reliable baseload power while integrating renewable energy, creating sustained demand for its advanced gas turbines and related services.

Moreover, rapid data center expansion and increasing electrification of transportation and industry are placing unprecedented pressure on aging power grids, driving robust demand for the company's Electrification segment. GE Vernova is well positioned to capitalize on this trend through its portfolio of grid equipment, including high-voltage switchgear, transformers, substations, power conversion systems and grid automation solutions.

The combination of a multi-year equipment backlog, strong service opportunities from its expanding installed base and favorable long-term investment trends in power infrastructure should support sustained revenue growth, margin expansion and earnings momentum over the next several years.

Taking a Look at the Backlog Growth of GEV’s PeersEaton’s (ETN - Free Report) backlog continues to expand rapidly, supported by strong demand for electrical equipment used in data centers, utilities, commercial facilities and industrial applications. At the end of the first quarter of 2026, the company’s total Electrical-sector backlog was 48% higher than a year earlier. Backlog in Electrical Americas increased 44%, while Electrical Global recorded a sharper 73% rise.

The backlog expansion should provide Eaton with substantial revenue visibility as investments in electrification, grid modernization and artificial-intelligence infrastructure accelerate. Data-center construction is creating demand for switchgear, power-distribution systems, backup-power equipment and thermal-management solutions, while utilities are upgrading networks to accommodate higher electricity consumption and renewable generation.

Eaton is investing in additional production capacity to address this demand, which should support sales growth and manufacturing utilization. However, the eventual benefit to earnings will depend on the company’s ability to expand capacity, manage supply constraints and deliver projects without eroding margins.

Vertiv’s (VRT - Free Report) backlog has risen sharply as hyperscale and colocation customers increase spending on power and cooling infrastructure for artificial-intelligence data centers. At the end of 2025, the company’s backlog reached $15 billion, representing an increase of 109% from the prior-year period.

Vertiv’s record backlog gives it strong visibility into future sales as data-center operators deploy increasingly power-intensive computing systems. Higher rack densities require advanced electrical distribution, uninterruptible power supplies, liquid cooling and prefabricated infrastructure, all of which play directly to Vertiv’s product portfolio. Vertiv is consequently expanding manufacturing capacity and increasing technology investments to accelerate deliveries and capture additional market share. While the backlog provides a solid foundation for growth, successful conversion will depend on execution, component availability and the timing of large data-center projects, which can cause quarterly order and revenue patterns to fluctuate.

GEV's Price Performance, Valuation and EstimatesShares of GE Vernova have surged in double digits (% wise) so far this year, easily surpassing the Zacks Alternate Energy – Other industry’s growth.

YTD Price ComparisonImage Source: Zacks Investment Research

GE Vernova trades at a forward 12-month price-to-sales (P/S) ratio of 5.4, above the industry’s 5.21.

GEV's Shares Look a Tad PriceyImage Source: Zacks Investment Research

See how the Zacks Consensus Estimate for GEV’s earnings has been revised over the past 30 days.

Image Source: Zacks Investment Research

GEV’s Zacks RankGEV currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 
2026-07-23 16:57 4d ago
2026-07-23 12:47 4d ago
NNE or SMR: Which Small Modular Reactor Stock Holds More Promise?
SMR NuScale
FMP Stock News
Original source text
NNE appears to hold more promise than SMR, with stronger earnings surprises, a narrower share decline and KRONOS moving into NRC review.
2026-07-23 16:55 4d ago
2026-07-23 10:29 4d ago
Applied Digital Could Have 155% Upside Ahead of July 27 Q2 Earnings
APLD Applied Digital
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Applied Digital (NASDAQ:APLD) is a rare AI infrastructure story that behaves like a landlord, benefiting from long-duration, contracted revenue streams while masquerading as a growth stock. The company develops and operates specialized data centers, making money by leasing computing capacity to AI and high-performance computing customers.

With $16 billion in aggregate prospective lease revenue already signed and 15-year hyperscaler leases underwriting the buildout, the buy case rests on the simple premise that buildings will open on schedule, which they are.

$16 Billion in Signed Lease Backlog Makes the Bull Case Polaris Forge 1 is 400 MW fully contracted to CoreWeave for roughly $11 billion in contracted revenue, and Polaris Forge 2 added a 200 MW lease with a U.S. investment-grade hyperscaler worth approximately $5 billion over its term.

Management has reiterated a target of $1 billion in NOI within five years. That is REIT-grade cash flow visibility attached to a pipeline of roughly 1 GW across four development sites.

Applied Digital’s Earnings Inflection Has Arrived Q3 FY2026 revenue hit $126.64 million, up 139.3% year over year, while adjusted EBITDA jumped to $44.14 million from $6.26 million a year earlier. Adjusted EPS came in at $0.09 against a -$0.21 consensus, the fourth straight beat. Analysts have followed with 11 buy ratings, zero holds, and zero sells, and a $76.70 target implying 154.99% upside from the current $30.08.

SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now.

Why Applied Digital Beats the Obvious AI Alternative The natural comparison is IREN (NASDAQ:IREN), the other pure-play AI/HPC data center peer transitioning from Bitcoin. IREN posted 0% quarterly revenue growth YoY at last report against APLD’s 139.3%. Over the last year, APLD returned 174.7% versus IREN’s 122.05%. For retirement money, growth backed by signed leases beats growth backed by GPU spot pricing.

The Two Biggest Risks Are Already Shrinking Yes, GAAP losses are real, and the company’s CoreWeave revenue concentration is real. However, the company has $1.73 billion in cash, attractive financing with a $2.15 billion senior secured notes offering at 6.750% to fund Polaris Forge 2, and a new investment-grade hyperscaler diversifying the customer base. Insiders have logged 12 recent buy transactions. The people closest to the numbers are adding, not trimming.

Retirement investors looking for multi-decade AI infrastructure exposure with contracted cash-flow visibility have a compelling case to research APLD today.

Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts.

From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus. 

Contact [email protected] for any questions or corrections.
2026-07-23 16:55 4d ago
2026-07-23 12:51 4d ago
Applied Digital Set to Report Q4 Earnings: Hold or Fold the Stock?
APLD Applied Digital
FMP Stock News
Original source text
APLD's fiscal Q4 report may highlight booming AI infrastructure growth, but profitability challenges remain in focus.
2026-07-23 16:54 4d ago
2026-07-23 11:36 4d ago
SMMT Shares Updated Ivonescimab Survival Data From NSCLC Study
SMMT Summit Therapeutics
FMP Stock News
Original source text
Summit announces updated HARMONi overall survival data and partners with Arcus to test ivonescimab in kidney cancer, expanding its late-stage development.
2026-07-23 16:54 4d ago
2026-07-23 12:21 4d ago
Rogers Communications Q2 Earnings Beat Estimates, Revenues Rise Y/Y
RCI Rogers Communications
FMP Stock News
Original source text
Key Takeaways Rogers Communications' Q2 earnings beat estimates while revenues rose 7.6% Y/Y.Media revenues surged 53%, driven by MLSE consolidation and higher Blue Jays attendance.Free cash flow rose 6% to C$982 million, while debt leverage improved to 3.8 times. Rogers Communications (RCI - Free Report) reported second-quarter 2026 adjusted earnings of 83 cents per share, beating the Zacks Consensus Estimate by 3.75% and up 1.2% year over year.

In domestic currency (Canadian dollar), adjusted earnings increased 1% year over year to C$1.15 per share.

Revenues of $4.06 billion surpassed the consensus mark by 2.45% and increased 7.6% year over year.

Total revenues increased 7.7% year over year to C$5.62 billion, primarily driven by growth in the Media businesses. Total service revenues increased 8% year over year to C$5.06 billion in the quarter.

Q2 Segmental Details of RCIWireless DetailsWireless revenues were unchanged year over year at C$2.54 billion. Wireless Service revenues were stable at C$1.99 billion, as subscriber growth was offset by lower mobile phone average revenue per user, or ARPU. Equipment revenues increased 2% to C$550 million on a shift toward higher-value devices.

Adjusted EBITDA increased 1% to C$1.31 billion. The margin expanded 70 basis points to 66%. Monthly mobile phone ARPU declined to C$54.25 from C$55.45.

As of June 30, 2026, the prepaid mobile phone subscriber base totaled 1.22 million, an increase of 63K subscribers from the prior-year period. The monthly churn rate was 5.01% compared with 3.23% reported in the year-ago quarter.

As of June 30, 2026, the postpaid wireless subscriber base totaled 11.05 million, representing net additions of 135K subscribers year over year. Postpaid mobile phone churn improved 6 basis points year over year to 0.94%.

Wireless segment operating costs decreased 0.6% year over year to C$1.23 billion.

Cable DetailsCable revenues increased 1% year over year to C$1.98 billion. Service revenues also rose 1% to C$1.97 billion, supported by retail Internet subscriber growth and base management actions, partly offset by declines in Video and Home Phone subscribers.

Cable adjusted EBITDA increased 1% to C$1.16 billion, with the margin improving 10 basis points to 58.4%. Retail Internet net additions totaled 17K, while customer relationship net additions were 9K. Monthly ARPA slipped to C$135.49 from C$135.74 reported in the year-ago quarter.

As of June 30, 2026, the retail Internet subscriber count was nearly 4.521 million, representing a net increase of 75K subscribers year over year.

As of June 30, 2026, total Smart Home Monitoring subscribers reached 158K, indicating an increase of 17K subscribers. The total Home Phone subscriber count was nearly 1.33 million, reflecting a loss of 119K customers in the reported quarter.

Cable segment operating costs increased 0.6% year over year to C$826 million.

Media DetailsMedia revenues surged 53% to C$1.16 billion, reflecting about C$310 million from the consolidation of Maple Leaf Sports & Entertainment beginning in the second half of 2025. Excluding MLSE, organic revenues increased 13%, led by higher Toronto Blue Jays attendance and sponsorships.

Media adjusted EBITDA climbed to C$69 million from C$8 million. Operating costs increased 45% to C$1.09 billion, reflecting roughly C$230 million of added MLSE costs, higher Blue Jays player salaries and game-day expenses, and increased programming costs. Lower advertising revenues remained a headwind.

Consolidated ResultsConsolidated adjusted EBITDA increased 3% to C$2.44 billion, while the adjusted EBITDA margin contracted 180 basis points to 43.5%. Depreciation and amortization increased 1% to C$1.19 billion, while finance costs declined 10% to C$565 million.

Operating costs increased 11.2% to C$3.17 billion. As a percentage of revenues, operating costs expanded 180 bps to 56.5%.

RCI’s Q2 Balance Sheet & Cash Flow DetailsAs of June 30, 2026, Rogers Communications had C$6.1 billion of available liquidity, including C$1.7 billion in cash and cash equivalents and C$4.4 billion available under bank and other credit facilities. In comparison, the company had C$5.9 billion of available liquidity as of Dec. 31, 2025.

Rogers Communications’ debt leverage ratio was 3.8 times as of June 30, 2026, improved from 3.9 times as of Dec. 31, 2025.

Cash provided by operating activities declined 5% to C$1.52 billion due to higher investment in operating assets and liabilities, partly offset by increased adjusted EBITDA. Free cash flow rose 6% to C$982 million, aided by lower capital expenditures and higher adjusted EBITDA.

Rogers Communications paid dividends worth C$270 million and declared a C$0.50 per share dividend on July 21, 2026.

RCI Reaffirms 2026 OutlookFor 2026, RCI maintained its expectations for total service revenue growth of 3%-5% and adjusted EBITDA growth of 1%-3%. Capital expenditures are projected between C$2.5 billion and C$2.7 billion.

Free cash flow is expected in the C$4.1 billion to C$4.3 billion range. The company expects its C$4.35 billion purchase of the remaining 25% interest in MLSE to close in the fourth quarter, subject to league approvals. Rogers Communications then intends to pursue the sale of a minority interest in its consolidated sports, media and entertainment assets.

RCI’s Zacks Rank & Stocks to ConsiderCurrently, RCI carries a Zacks Rank #4 (Sell).

Some better-ranked stocks that investors can consider in the broader Zacks Utilities sector are Ameren Corporation (AEE - Free Report) , Ballard Power Systems (BLDP - Free Report) and Edison International (EIX - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Ameren shares have returned 12.2% in the year-to-date period. AEE is set to report its second-quarter 2026 results on July 30.

Ballard Power Systems shares have gained 22.1% in the year-to-date period. BLDP is set to report its second-quarter 2026 results on July 31.

Edison International shares have risen 33.9% in the year-to-date period. EIX is set to report its second-quarter 2026 results on July 30.
2026-07-23 16:53 4d ago
2026-07-23 10:30 4d ago
Fubo Launches The Athletic's First CTV Sports Video Hub, Expanding Multi-Year Partnership
FUBO fuboTV
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)---- $FUBO--FuboTV Inc. (NYSE: FUBO) and The Athletic announced today the launch of The Athletic Video Hub on Fubo, bringing a robust selection of The Athletic's trusted sports video content to Connected TV (CTV) for the first time. The proprietary video hub is an expansion of a previously announced multi-year partnership in which Fubo was named the official live TV streaming partner of The Athletic. The Athletic Video Hub is a user-friendly content experience designed for sports.
2026-07-23 16:52 4d ago
2026-07-23 11:02 4d ago
NVTS Set to Report Q2 Earnings: Buy, Sell or Hold the Stock?
NVTS Navitas Semiconductor
FMP Stock News
Original source text
Navitas Semiconductor heads into second-quarter earnings on strong AI data center momentum, amid near-term revenue transition risks and a rich valuation.
2026-07-23 16:50 4d ago
2026-07-23 10:31 4d ago
Tractor Supply (TSCO) Reports Q2 Earnings: What Key Metrics Have to Say
TSC Tractor Supply
FMP Stock News
Original source text
Tractor Supply (TSCO - Free Report) reported $4.54 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 2.3%. EPS of $0.81 for the same period compares to $0.81 a year ago.

The reported revenue represents a surprise of -1.64% over the Zacks Consensus Estimate of $4.62 billion. With the consensus EPS estimate being $0.83, the EPS surprise was -2.41%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Tractor Supply performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Comparable store sales increase/(decrease): -1.5% versus the six-analyst average estimate of 0.6%.Number of stores - Petsense: 209 compared to the 206 average estimate based on five analysts.Number of stores: 2,672 compared to the 2,658 average estimate based on five analysts.Number of stores - Tractor Supply: 2,463 compared to the 2,456 average estimate based on five analysts.Sales per selling square foot: $108.44 compared to the $111.28 average estimate based on four analysts.Total selling square footage: 41.88 Msq ft compared to the 41.91 Msq ft average estimate based on four analysts.New stores opened - Tractor Supply: 28 compared to the 18 average estimate based on three analysts.New stores opened - Petsense: 3 versus 1 estimated by three analysts on average.View all Key Company Metrics for Tractor Supply here>>>

Shares of Tractor Supply have returned -2.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
2026-07-23 16:44 4d ago
2026-07-23 10:31 4d ago
Dime Community (DCOM) Reports Q2 Earnings: What Key Metrics Have to Say
DCOM Dime Community Bancshares
FMP Stock News
Original source text
Dime Community (DCOM - Free Report) reported $126.45 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 15.3%. EPS of $0.79 for the same period compares to $0.64 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $122.02 million, representing a surprise of +3.64%. The company delivered an EPS surprise of +3.95%, with the consensus EPS estimate being $0.76.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Dime Community performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

NCOs / Average loans: 0.4% versus 0.2% estimated by two analysts on average.Net Interest Margin: 3.3% versus the two-analyst average estimate of 3.2%.Average Balance - Total interest-earning assets: $14.09 billion versus the two-analyst average estimate of $14.17 billion.Efficiency Ratio: 51.2% versus 53.1% estimated by two analysts on average.Gain on sale of residential loans: $0.05 million versus $-0.74 million estimated by two analysts on average.Net Interest Income: $115.19 million versus $112.45 million estimated by two analysts on average.BOLI income: $5.04 million versus the two-analyst average estimate of $4.25 million.Loan level derivative income: $0.54 million compared to the $0.74 million average estimate based on two analysts.Non-interest income- Other: $0.74 million versus $0.88 million estimated by two analysts on average.Service charges and other fees: $6.48 million versus $5.27 million estimated by two analysts on average.Total Non-Interest Income: $11.27 million compared to the $9.57 million average estimate based on two analysts.View all Key Company Metrics for Dime Community here>>>

Shares of Dime Community have returned -0.8% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
2026-07-23 16:44 4d ago
2026-07-23 11:40 4d ago
Dime Commercial Bancshares, Inc. (DCOM) Q2 2026 Earnings Call Transcript
DCOM Dime Community Bancshares
FMP Stock News
Original source text
Dime Commercial Bancshares, Inc. (DCOM) Q2 2026 Earnings Call Transcript
2026-07-23 16:44 4d ago
2026-07-23 10:21 4d ago
Factors You Need to Know Ahead of ProPetro's Q2 Earnings Release
PUMP ProPetro Holding
FMP Stock News
Original source text
Key Takeaways PUMP to report Q2 results July 29, with consensus estimating a cent per share loss on $300.51M in revenues.PUMP likely benefited from stronger Permian completion activity and disciplined cost management in Q2.PUMP's Q2 revenues are expected to decline year over year as hydraulic fracturing and cementing sales soften. ProPetro Holding Corp. (PUMP - Free Report) is set to release second-quarter 2026 results before the market opens on July 29. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of one cent per share on revenues of $300.51 million.

Let us delve into the factors that are likely to have influenced the oilfield service provider’s performance in the to-be-reported quarter. But first, it is worth taking a look at PUMP’s performance in the last reported quarter.

Highlights of PUMP’s Q1 Earnings & Surprise HistoryIn the last reported quarter, the Midland, TX-based oil and gas equipment and services company reported an adjusted profit of 3 cents per share, against the Zacks Consensus Estimate of a loss of 12 cents, driven by disciplined cost management. Revenues of $271 million also marginally beat the consensus mark of $270 million.

PUMP’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed in one, delivering an average negative surprise of 17.21%.

This is depicted in the graph below: 

Trend in PUMP’s Estimate RevisionThe Zacks Consensus Estimate for second-quarter 2026 earnings has witnessed three upward and no downward movements in the past 30 days. The consensus estimate indicates year-over-year earnings growth of 85.71%. However, the Zacks Consensus Estimate for revenues implies a 7.86% decline from the year-ago quarter.

Factors to Consider Ahead of PUMP’s Q2 ReleaseProPetro generates revenues by delivering pressure pumping and other well-completion services to exploration and production companies, which pay it to help complete and enhance oil and natural gas wells.

ProPetro's second-quarter results are likely to benefit from improving completion activity in the Permian Basin. The company is expected to have operated approximately 12 active hydraulic fracturing fleets during the quarter, supported by stronger customer demand and improving completion activity. Higher utilization of its FORCE electric fracturing fleets and growing adoption of natural gas-powered equipment are also likely to have supported operating margins by lowering fuel costs and improving efficiency. Additionally, continued cost discipline and progress in the PROPWR business are likely to have provided incremental support to its earnings.

The reduction in PUMP's costs is expected to have improved its bottom line. PUMP's cost of services (excluding depreciation and amortization) is projected to reach $237 million in the second quarter, down 6.4% from the year-ago quarter's $253.2 million. Meanwhile, depreciation and amortization expense is projected to reach $41.9 million in the second quarter, down 3.4% from the year-ago quarter's level.

On the bearish side, PUMP's total revenues are expected to have suffered in the quarter to be reported. The Zacks Consensus Estimate indicates a decrease in second-quarter 2026 revenues from the year-ago quarter’s $326.2 million. Our model predicts revenues from the hydraulic fracturing services to be $210.2 million, down from $245.7 million in the year-ago period.  Meanwhile, our model forecasts revenues from cementing services of $30.5 million, down from $32.4 million in the year-ago period.

What Does Our Model Predict for PUMP?Our proven model predicts an earnings beat for PUMP this time. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. This is exactly the case here.

PUMP’s Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is +52.38%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

PUMP’s Zacks Rank: PUMP currently carries a Zacks Rank #2.

Other Stocks to ConsiderHere are some other firms from the energy space that you may want to consider, as these, too, have the right combination of elements to post an earnings beat this reporting cycle.

BP (BP - Free Report) has an Earnings ESP of +3.48% and a Zacks Rank #3. The firm is scheduled to release earnings on Aug. 4. You can see the complete list of today’s Zacks #1 Rank stocks here.

BP is valued at $112 billion. It is a global integrated energy company engaged in oil and natural gas exploration and production, refining, fuel marketing, petrochemicals and renewable energy businesses. BP's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 22.98%.

Murphy Oil (MUR - Free Report) has an Earnings ESP of +10.92% and a Zacks Rank #3. The firm is scheduled to release earnings on Aug. 5.  Murphy Oil is an independent oil and natural gas exploration and production company with operations in the United States, Canada and offshore international markets, focusing on the development of conventional and unconventional hydrocarbon resources.

The company is valued at $5.35 billion. Murphy Oil's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 117.54%.

Helmerich & Payne (HP - Free Report) has an Earnings ESP of +9.64% and a Zacks Rank #3. The firm is scheduled to release earnings on Aug. 5.

Helmerich & Payne is valued at $3.46 billion. The company is a leading provider of drilling solutions, offering land and offshore contract drilling services and advanced drilling technologies to oil and natural gas exploration and production companies.
2026-07-23 16:44 4d ago
2026-07-23 11:48 4d ago
Futu Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuit Against Futu - FUTU
FUTU Futu Holdings
FMP Stock News
Original source text
NEW ORLEANS, July 23, 2026 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited (NasdaqGM: FUTU) (“Futu” or the “Company”), if they purchased or otherwise acquired the Company’s securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

Get Help

Futu investors should visit us at https://www.claimsfiler.com/cases/nasdaqgm-futu or call toll-free (833) 538-3601. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company’s financial results were overstated; and (iv) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The case is Tang v. Futu Holdings Limited, et al, No. 26-cv-05453.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.
2026-07-23 16:44 4d ago
2026-07-23 12:00 4d ago
Bronstein, Gewirtz & Grossman LLC Urges Futu Holdings Limited Investors to Act: Class Action Filed Alleging Investor Harm
FUTU Futu Holdings
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - July 23, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/FUTU.

Futu Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Futu was not in compliance with the requirements of the China Securities Regulatory Commission ("CSRC"), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval; as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and as a result of the foregoing, Futu's financial results were overstated; and as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.What's Next for Futu Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/FUTU, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Futu you have until August 25, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Futu Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Futu Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303321

Source: Bronstein, Gewirtz & Grossman, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-07-23 16:44 4d ago
2026-07-23 12:00 4d ago
Bronstein, Gewirtz & Grossman LLC Urges Futu Holdings Limited Investors to Act: Class Action Filed Alleging Investor Harm
FUTU Futu Holdings
FMP Stock News
Original source text
NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/FUTU.

Futu Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Futu was not in compliance with the requirements of the China Securities Regulatory Commission (“CSRC”), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval; as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and 
as a result of the foregoing, Futu’s financial results were overstated; and as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. What's Next for Futu Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/FUTU. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Futu you have until August 25, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Futu Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Futu Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.
2026-07-23 16:43 4d ago
2026-07-23 10:55 4d ago
MAG Capital Partners Completes ~$89 Million Sale of 1.37M-SF Midwest Industrial Portfolio to Fundamental Income Properties, a Subsidiary of Starwood Property Trust (NYSE: STWD)
STWD Starwood Property Trust
FMP Stock News
Original source text
, /PRNewswire/ -- MAG Capital Partners today announced it has completed the sale of more than 1.37 million square feet of long-term, net-leased industrial assets primarily acquired through its MAGCP Industrial Fund II, LP, in a six-property, ~$89 million transaction with Fundamental Income Properties, a wholly-owned subsidiary of Starwood Property Trust (NYSE: STWD).

Dax T.S. Mitchell, principal and co-founder of MAG Capital Partners, said, "MAG Capital Partners continues to scale its various platforms, all focused on supporting U.S. manufacturers with growth capital needs through industrial real estate and corporate  investment. This transaction is a testament to the strength and quality of the middle market, incredible operators, sponsors and the  important role of manufacturing as a powerful American economic driver.

"The future is bright for net lease industrial," stated Mitchell.

The triple-net-lease portfolio consists of six industrial manufacturing properties across the Midwest. John Dehn and Eric Wood, senior vice presidents of MAG Capital Partners' Phoenix office, worked on the disposition for the seller.

"The opportunity to close this portfolio with Fundamental Income speaks to the quality of our underlying investments," remarked Wood. "We have known the founders for many years and look forward to working with the team again."

About MAG Capital Partners, LLC

Founded in 2015 by Dax T.S. Mitchell and Andrew Gi, Dallas-based MAG Capital Partners invests in net-leased industrial properties and small-mid-cap operating companies in the U.S. Headquartered at Old Parkland, the firm makes acquisitions through its industrial real estate funds, its multi-tenant industrial vehicle, SWORD Industrial Partners, and private equity platform, MAGCP Equity.

SOURCE MAG Capital Partners LLC
2026-07-23 16:43 4d ago
2026-07-23 10:41 4d ago
Is Aduro Clean Technologies Inc. (ADUR) Outperforming Other Business Services Stocks This Year?
ADUR Aduro Clean Technologies
FMP Stock News
Original source text
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Aduro Clean Technologies Inc. (ADUR - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Aduro Clean Technologies Inc. is a member of our Business Services group, which includes 246 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Aduro Clean Technologies Inc. is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for ADUR's full-year earnings has moved 12.2% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, ADUR has moved about 37.7% on a year-to-date basis. Meanwhile, stocks in the Business Services group have lost about 9.6% on average. This means that Aduro Clean Technologies Inc. is outperforming the sector as a whole this year.

Another stock in the Business Services sector, Usio Inc (USIO - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 48.5%.

The consensus estimate for Usio Inc's current year EPS has increased 43.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Aduro Clean Technologies Inc. belongs to the Technology Services industry, which includes 121 individual stocks and currently sits at #91 in the Zacks Industry Rank. Stocks in this group have lost about 6.5% so far this year, so ADUR is performing better this group in terms of year-to-date returns.

On the other hand, Usio Inc belongs to the Financial Transaction Services industry. This 37-stock industry is currently ranked #86. The industry has moved -10.1% year to date.

Going forward, investors interested in Business Services stocks should continue to pay close attention to Aduro Clean Technologies Inc. and Usio Inc as they could maintain their solid performance.
2026-07-23 16:40 4d ago
2026-07-23 12:30 4d ago
Why Is Cerebras (CBRS) Up 15.1% Since Last Earnings Report?
CBRS Cerebras Systems
FMP Stock News
Original source text
It has been about a month since the last earnings report for Cerebras (CBRS - Free Report) . Shares have added about 15.1% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Cerebras due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.

Cerebras Q1 Earnings Beat Estimates, Revenues Increase Y/YCerebras reported a first-quarter 2026 loss of 4 cents per share, 71.43% narrower than the Zacks Consensus Estimate of a loss of 14 cents. The GAAP net loss per share narrowed year over year to 22 cents from 46 cents.

Revenues were $193.4 million, up 94% year over year and 13% sequentially, and topped the consensus estimate by 7.04%. Strength was driven by demand for AI infrastructure, with cloud and other services revenues up 178% and a new OpenAI agreement for 750 megawatts of high-speed inference compute. Core revenues, a non-GAAP measure that excludes customer warrant amortization and data center pass-through items, were $191.3 million, up 92% from the year-ago quarter.

The quarter benefited from strength across hardware and cloud-based offerings. Hardware revenues were $110.6 million, rising 59% year over year, while cloud and other services revenues were $82.8 million, reflecting the rapid adoption of Cerebras’ AI infrastructure platform.

Cerebras Gains From Strategic AI DealsThe company announced a multi-year deal with OpenAI valued at more than $20 billion. Under the agreement, OpenAI will deploy 750 megawatts of Cerebras’ high-speed inference compute over the next several years.

Cerebras also co-launched Codex-Spark, a model built for near-instant coding workflows where latency matters. The model delivers more than 1,000 tokens per second, underscoring the company’s focus on faster inference for interactive AI applications.

CBRS Expands Cloud Reach With AWSCerebras began a multi-year partnership with Amazon’s cloud computing platform, Amazon Web Services (AWS), to bring fast inference to a broader base of startups, AI-native companies and enterprises. The partnership expands the company’s distribution reach at a time when demand for low-latency AI infrastructure continues to scale.

The companies plan to launch a disaggregated inference strategy. AWS Trainium 3 chips will perform the prefill stage, while the Cerebras CS-3 will handle high-speed inference for decoding, combining the strengths of both platforms.

Cerebras’ Product Trials Add MomentumThe company launched enterprise customer trials of Kimi K2.6 and Gemma 4 during the quarter. Kimi K2.6 is an open-weight frontier model, and the first trillion-parameter model served on Cerebras.

Kimi K2.6 achieved performance approaching 1,000 tokens per second, as independently measured by Artificial Analysis. Gemma 4 31B, part of Google DeepMind’s open-weight Gemma family, runs an order of magnitude faster on Cerebras based on scores on the Artificial Analysis Intelligence Index.

CBRS’ Q1 Operating DetailsIn the first quarter of 2026, the GAAP gross margin was 45%. Hardware’s gross margin was 41%, while cloud and other services’ gross margin came in at 49%.

The core gross margin was 47%. The core hardware gross margin was 42%, whereas the core cloud and other services gross margin was 53%, showing a stronger profitability profile for the company’s non-GAAP cloud and services operations.

Operating expenses totaled $101.2 million. Research and development expenses were $75.5 million, sales and marketing expenses were $14.7 million, and general and administrative expenses were $11 million, reflecting continued investment in product innovation and market expansion.

The GAAP loss from operations was $15 million compared with $28.5 million in the year-ago quarter. The core operating loss narrowed to $3.5 million from $19.3 million a year earlier.

In the first quarter of 2026, adjusted EBITDA turned positive at $12.7 million from a loss of $15.4 million in the prior year.

CBRS’ Balance SheetThe balance sheet strengthened meaningfully. As of March 31, 2026, cash, cash equivalents, restricted cash, and short-term investments were $3.3 billion.

Net cash provided by operating activities was $12.3 million compared with net cash used in operating activities of $54.9 million.

CBRS’ Outlook Signals Continued ExpansionFor the second quarter of 2026, Cerebras expects core revenues of $194 million, implying 88% year-over-year growth. The core gross margin is expected to be 36-38%.

For 2026, management expects core revenues of $855-$865 million, indicating a 69% year-over-year surge at the midpoint. The core gross margin is projected to be 38-41%.

How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended upward during the past month.

The consensus estimate has shifted 27.2% due to these changes.

VGM ScoresCurrently, Cerebras has a average Growth Score of C, a score with the same score on the momentum front. Charting a somewhat similar path, the stock has a score of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Cerebras has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
2026-07-23 16:39 4d ago
2026-07-23 10:28 4d ago
Alphabet's massive profit growth is just an illusion, as SpaceX and Anthropic help mask a historic cash drain
SPCX SpaceX
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HomeIndustriesTech StocksTech StocksEarnings quadrupled on paper, but an analyst calls that an ‘illusory’ performance propped up by unrealized gains from equity investmentsJuly 23, 2026, 10:28 a.m. ET

Alphabet was once a cash-flow machine, but it’s seeing a fall from grace.

The company just reported its first-ever quarter of negative free cash flow on the heels of an unrelenting artificial-intelligence spending spree. It’s become the subject of fierce debate on Wall Street, especially since Alphabet GOOG GOOGL also lifted its capital-expenditure forecast for the year, leaving room for that spending to surpass $200 billion.
2026-07-23 16:39 4d ago
2026-07-23 11:29 4d ago
Why SpaceX stock is down over 3% on Thursday
SPCX SpaceX
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SpaceX SPCX shares fell more than 3% on Thursday as investors awaited the company's delayed Starship test flight, a mission widely viewed as a key catalyst for the newly public space and artificial intelligence company.

The stock traded around $111.35 in early trading after tumbling 6.7% on Wednesday, extending a volatile stretch following its record-setting initial public offering.

Broader markets were also weaker, with futures tied to the S&P 500 and Dow Jones Industrial Average down 1.2% and 1.1%, respectively.

Investor attention is centered on SpaceX's 13th Starship test flight, scheduled to lift off from Texas later today.

The launch was originally planned for July 16 but was postponed for a week because of an engine issue.

The mission is expected to be closely watched by investors looking for evidence that the company can continue advancing its launch capabilities as it seeks to justify its premium valuation.

Shares have struggled since their initial surge following the IPO, with valuation concerns weighing on sentiment.

According to the information provided, SpaceX trades at roughly 40 times estimated 2026 sales, a multiple that investors have questioned given the company's size and current financial profile.

Bearish investors have continued to add to their positions as the stock declined below its IPO price.

According to Reuters, citing Ortex Technologies data through Tuesday, short sellers are sitting on an estimated $15.5 billion in paper profits since SpaceX's mid-June listing.

The stock has fallen below its $135 IPO price after reaching a post-listing high of $225.64 and dropped to a record low of $115.26 on Wednesday.

"There is no sign of short sellers taking profits on SpaceX," Ortex co-founder Peter Hillerberg told Reuters.

"If anything they are leaning in harder," Hillerberg added.

According to Ortex, approximately 360 million SpaceX shares, representing about 56% of the free float, were on loan through Tuesday, indicating sustained bearish positioning.

Chief Executive Elon Musk responded earlier this week with a warning aimed at investors betting against the company.

“Survival probability of firms who maintain significant short position in SPCX over time is very low,” Musk wrote in a post on X.

Analysts remain constructiveDespite the recent share price weakness, Wall Street analysts continue to maintain a largely positive outlook on SpaceX.

According to LSEG data, 27 of the 32 analysts covering the stock recommend buying it, while four have Hold-equivalent ratings and one recommends selling.

Supportive analysts argue that the company's Starlink satellite internet business, government launch operations, and Musk's history of attracting investor interest justify a valuation premium despite SpaceX reporting a net loss of nearly $5 billion last year.

Analysts have also identified Thursday's Starship test flight as a potential catalyst, with investors expected to assess the company's execution in its launch business ahead of its upcoming earnings report and the continued expansion of its public float.
2026-07-23 16:39 4d ago
2026-07-23 12:08 4d ago
SpaceX Stock's Hidden Risk Isn't Rockets — It's AI Spending
SPCX SpaceX
FMP Stock News
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SPCX stock is moving. See the chart and price action here.  Alphabet’s AI Spend WarningStill, Alphabet shares dropped after AI capex overwhelmed the company’s operating cash flow.

Alphabet spent $44.9 billion on capital projects during the quarter. Operating cash flow reached $39.1 billion, leaving the company with negative free cash flow of $5.9 billion. It marked Alphabet’s first negative free-cash-flow quarter since its 2004 initial public offering.

Microsoft Corp. (NASDAQ:MSFT) is tracking toward roughly $190 billion in calendar-year AI spending, and combined hyperscaler capex could approach $725 billion this year.

SpaceX’s Capex ChallengeThose figures illustrate the scale of SpaceX’s challenge.

SpaceX inherited an expensive AI operation through its combination with xAI. Training advanced models requires chips, data centers, networking equipment and enormous amounts of electricity. The costs arrive before AI contracts produce dependable returns.

SpaceX has begun monetizing its AI infrastructure. Reflection AI agreed to purchase computing capacity from SpaceXAI, and Google also signed a multiyear computing agreement with the company. 

Yet Alphabet’s quarter shows why revenue growth may not settle the debate. Investors increasingly want proof that AI spending can produce cash, margins and sustainable returns.

Rocket development offers visible milestones while AI infrastructure provides fewer clear checkpoints.

For SpaceX stock, Starship’s progress remains important, but the larger valuation test may be whether SpaceX can avoid the cash-flow pressure now hitting the world’s richest tech companies.

SPCX Stock Price Activity: SpaceX shares were down 0.75% at $114.40 at the time of publication Thursday, according to Benzinga Pro data.

Photo: JRdes / Shutterstock

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

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2026-07-23 16:39 4d ago
2026-07-23 11:02 4d ago
Analysts Estimate CNX Resources Corporation. (CNX) to Report a Decline in Earnings: What to Look Out for
CNX CNX Resources
FMP Stock News
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Wall Street expects a year-over-year decline in earnings on lower revenues when CNX Resources Corporation. (CNX - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.57 per share in its upcoming report, which represents a year-over-year change of -3.4%.

Revenues are expected to be $407.14 million, down 9.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 13.08% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for CNX Resources?For CNX Resources, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.75%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that CNX Resources will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that CNX Resources would post earnings of $0.93 per share when it actually produced earnings of $1.21, delivering a surprise of +30.11%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

CNX Resources doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Oil and Gas - Exploration and Production - United States industry, Antero Resources (AR - Free Report) , is soon expected to post earnings of $0.77 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +120%. Revenues for the quarter are expected to be $1.5 billion, up 15.9% from the year-ago quarter.

The consensus EPS estimate for Antero Resources has been revised 12.5% lower over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Antero Resources will beat the consensus EPS estimate. The company could not beat consensus EPS estimates in any of the last four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-23 16:39 4d ago
2026-07-23 11:01 4d ago
Apple (AAPL) Earnings Expected to Grow: Should You Buy?
AAPL Apple
FMP Stock News
Original source text
Wall Street expects a year-over-year increase in earnings on higher revenues when Apple (AAPL - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis maker of iPhones, iPads and other products is expected to post quarterly earnings of $1.88 per share in its upcoming report, which represents a year-over-year change of +19.8%.

Revenues are expected to be $108.79 billion, up 15.7% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.49% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Apple?For Apple, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.46%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Apple will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Apple would post earnings of $1.92 per share when it actually produced earnings of $2.01, delivering a surprise of +4.69%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Apple appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-23 16:39 4d ago
2026-07-23 12:25 4d ago
Apple: The Smart Money Is Buying Ahead Of Earnings
AAPL Apple
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2.07K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-07-23 16:39 4d ago
2026-07-23 12:30 4d ago
As Wall Street Cuts Tesla, Morgan Stanley Raises Its Apple Target
AAPL Apple
FMP Stock News
Original source text
Wall Street is cutting Tesla after a bruising earnings miss, while Apple’s analyst community quietly nudges targets higher on a surging iPhone 17 cycle. Our proprietary model reflects that divergence.

Apple (NASDAQ:AAPL | AAPL Price Prediction) closed at $325.89 on July 22, and the 24/7 Wall St. price target for Apple is $361.72, implying 11% upside over the next 12 months. Our recommendation is a buy at a 90% confidence level.

24/7 Wall St. Price Target Summary Metric Value Current Price $325.89 24/7 Wall St. Price Target $361.72 Upside 11.0% Recommendation BUY Confidence Level 90% An iPhone 17 Cycle That Keeps Surprising to the Upside Apple shares are up 20.1% year to date, 9.72% in the last month, and 52.61% over the trailing year.

Fiscal Q2 2026 revenue climbed 16.6% year over year to $111.18 billion, EPS came in at $2.01 versus $1.94 expected, and iPhone revenue surged to $56.99 billion on what Tim Cook called “extraordinary demand for iPhone 17 lineup.”

Services set an all-time record at $30.98 billion. Bloomberg reports Apple is preparing a major Mac refresh this fall including its first OLED touchscreen MacBook Pro, and prediction markets price a 96.6% probability that an iPhone 18 launches in 2026.

The Case for $380 and Higher Apple’s installed base of over 2.5 billion active devices becomes the launchpad for a Services business compounding at double-digit rates, a paid Apple Intelligence tier, and a rumored foldable iPhone (prediction markets assign 88.5% odds of a foldable arriving before 2027).

Layer on a fresh $100 billion buyback authorization and expanding operating margins, and our internal bull case lands at $378.01, a 16% one-year return. That aligns with the AI-driven Mac refresh narrative.

What Could Go Wrong Apple lost a $634 million Masimo patent verdict appeal, Greater China revenue remains lumpy, and tariff escalation would hit component supply. The consensus analyst target of $318.25 sits below the current price.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.

Our bear case pegs Apple at $307.39, a 5.68% pullback. Insider activity has been net selling. The P/E ratio of 43 looks stretched only if you ignore that quarterly earnings just grew 21.8%, which arguably justifies the multiple.

How Apple Stacks Up Against Tesla and Microsoft Tesla (NASDAQ:TSLA) just missed Q2 EPS at $0.33 versus $0.54 expected, printed negative $1.09 billion in free cash flow, and trades at a forward P/E of 161 versus Apple’s 34. Tesla is down 16.83% year to date while Apple is up 20%. That valuation gap makes our Apple target look conservative on a growth-adjusted basis.

Microsoft (NASDAQ:MSFT) is the truer valuation peer, a scaled valuation peer with a diversified AI-driven software portfolio. Apple carries the richer multiple, but its 46.9% gross margin and Services flywheel support the premium. Against this peer set, our $361.72 target reads as reasonable.

Company Forward P/E YTD Return Apple 34 20.1% Tesla 161 -16.83% The Bull Case Framework for Apple The 24/7 Wall St. price target for Apple is $361.72, a buy at 90% confidence. Earnings acceleration of 21.8% YoY growth into an installed base of 2.5 billion devices is rare at this market cap.

I would buy if iPhone 17 momentum carries into a strong holiday quarter and Services stays above $30 billion. I would stay on the sidelines if China revenue weakens materially or tariffs hit margins.

Year 24/7 Wall St. Price Target 2026 $361.72 These projections assume Apple executes on Services growth and the iPhone upgrade cycle. Significant upside or downside could result from a foldable iPhone launch, Apple Intelligence monetization, or a China revenue reset.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.
2026-07-23 16:38 4d ago
2026-07-23 11:14 4d ago
Instagram is now banning pickup artists and pranksters who use Meta glasses
FB Meta Platforms
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Instagram is now banning pickup artists and pranksters who use Meta glasses

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Senior Correspondent covering technology and culture

Mark Zuckerberg is wearing Meta glasses, which have a problem with creepy pickup artists and pranksters using them. Bloomberg/Getty Images Instagram is cracking down on videos shot on Meta glasses that feature harassment of strangers in public places, such as the obnoxious prank videos that Business Insider reported on this spring.

In an Instagram story, Instagram head Adam Mosseri said that such video content would now be banned on the platform.

"If you're posting content that is taking advantage of people and harassing them, like a lot of these pickup line kind of videos that we've heard of and seen, then we're going to take the content down," Mosseri said in response to a question on his Instagram stories last week. "We don't want people to be surreptitiously taking videos of other people and harassing them and then posting them on our platform. So we're trying to fight that every way we can."

I wrote about the proliferation of videos on TikTok and Reels where people film themselves doing pranks on service workers, like cashiers or fast food workers, while wearing Meta glasses. Often, these pranks verge on harassment or are just plain obnoxious behavior, like putting fart spray into a candle at Walmart and then asking employees to smell it.

Another noxious genre is from pick-up artists who use the glasses to film themselves approaching women at gyms or on the street. While these interactions are sometimes positive, there's an awkward moment when the women don't realize they're being filmed at first.

A light glows on a pair of Meta Ray-Bans to signal that its video is active.  Bloomberg/Getty Images It's unclear how many videos have been removed under this new policy. Business Insider found that two large accounts of pickup artists who filmed themselves approaching women in public while wearing the glasses had been deactivated. (Both previously had more than a million followers.) A Meta spokesperson confirmed to Business Insider that these accounts were booted for violating the policy about posting harassing content that had been filmed with the glasses.

Meta did not directly respond to questions about how this new policy is being enforced or what exactly constitutes a violation.

The glasses have an indicator light that turns on when you're recording. In older models, people could tamper with it or hide the light by drilling holes or covering it with tape or film. A new update will now disable the camera if someone tries to tamper with the light, Meta has said.

But even when working, a small light in the corner of glasses isn't necessarily a universally recognized sign that someone is recording you, and can be easily missed, especially outside in bright light. I recently had a conversation with someone wearing the glasses and didn't notice their indicator light was on at all until they brought it to my attention.

This new crackdown may be influenced by Meta's desire not to have its glasses referred to as "pervert glasses" — a nickname that's been gaining steam on social media lately.

Meta glasses may still be controversial, and people are rightfully wary of being recorded in public spaces. But removing videos from people who are profiting from posting content of nasty pranks or sleazy pickup tactics while using the videos is at least a step in the right direction.

Read next

Katie Notopoulos You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Katie Notopoulos is a senior correspondent at Business Insider who writes about technology, business, and culture. She covers topics such as internet culture, Big Tech, retail, AI, parenting in the digital age, and personal tech.Previously, Katie was a tech reporter at BuzzFeed News and has written for The Atlantic, The New York Times, Fast Company, and MIT Technology Review. Based in New York, you can reach her by email [email protected] or find her on Twitter. Bluesky, and Threads @katienotopoulos.Some of her stories include:

Google AI said to put glue in pizza — so I made a pizza with glue and ate itThe Zuckermoon is overGen Z doesn't want to say "hello" when answering the phone. I'm concerned. Wait, is Walmart cool now?Mark Zuckerberg has created the saddest place on the internet with Meta AI's public feedHow Instagram got its mojo backAm I the JD Vance of my group chat?We need to talk about whatever's happening with Starbucks' drinksThis chart shows a key reason why millennial parents are miserableIt's not just you. Eggshells really are chipping more. Meta Instagram
2026-07-23 16:38 4d ago
2026-07-23 12:28 4d ago
Meta launched a new AI optimism ad set to a song about human extinction
FB Meta Platforms
FMP Stock News
Original source text
Meta’s newest advertisement begins with a black-and-white shot of an eye, showing us what someone sees as they read countless panicked headlines about how AI is going to take our jobs, isolate us, and spark a global crisis.

“Some people will have you believe AI is going to make us feel less connected. That it’s going to leave us behind,” a voiceover says. “We couldn’t disagree more.”

Suddenly, the video shifts to color, and shows a cycle of different people opening their eyes and smiling. Then, we see a couple dancing on a rooftop, pointing at a rainbow; a group of teens swimming in a lake; a child frolicking in a field; friends embracing after time apart.

“Call us optimists. Call us dreamers. Call us whatever the hell you want. But we’re betting on people, and we like those odds,” the voiceover says. “The future is for everyone.”

That’s a nice sentiment — pretty convenient for a company betting hundreds of billions of dollars that AI will revolutionize humanity. But the strangest part of the advertisement is not that we’re watching these happy moments play out via Instagram posts. It’s that the soundtrack to the ad is the David Bowie song “Five Years.”

If you are not familiar with this song, I urge you to give it a listen, read the lyrics, and think about what it is trying to say. It seems clear to me, but I studied poetry in college, so as a control for this experiment, I asked my brother — a blockchain analyst who loves Claude Code and does not read for fun — if he could tell me what the song is about.

“I thought climate change at first, then zombie apocalypse, then an asteroid hitting the earth,” he told me. He is correct. It is a song about the human race panicking after learning they will die in a mass extinction event in five years.

Image Credits:Texts from my brother, a consenting participant in this literary experiment If you’re not familiar with Bowie’s music, this track might sound happy and inspiring, matching the ad’s upbeat tone. The part of the song that is used for the advertisement was probably chosen because it uses the word “people” over and over again, and without the context of the song, it’s not clear what it’s about.

But if we look at the lines directly preceding this section:

News had just come over
We had five years left to cry in
News guy wept and told us
Earth was really dying
Cried so much his face was wet
Then I knew he was not lying

We “had five years left to cry in” and the “earth was really dying.” It’s pretty bleak.

It is not reassuring to convince people that AI is going to make the world better while playing a song about the end of the world, and yet, this contradictory musical choice seems to have sailed right past everyone at Meta, including CEO Mark Zuckerberg.

“Meta has always believed in giving people the power to share, connect, and shape your world in the ways you want,” he wrote alongside the video. “As we enter this next wave with AI, we continue to believe the future is for everyone. We’re focused on giving every person the tools to reach your full potential and making sure the benefits of technology are distributed to everyone.”

Then again, tech leaders are not known for their literary analysis skills. Meta’s Oculus used to give new hires copies of the science fiction novel “Ready Player One,” which is set in a dystopia in which a tech company making virtual reality products becomes overly powerful and evil. OpenAI CEO Sam Altman has directly cited inspiration from the movie “Her,” which warns us about what can go wrong when we use AI for emotional support. Palantir, a company that builds AI surveillance systems for the government, is named after Palantir, a seeing stone from the “Lord of the Rings” franchise that the Dark Lord uses to spy on his enemies. Elon Musk is currently throwing a fit about the “accuracy” of Christopher Nolan’s blockbuster adaptation of “The Odyssey,” a story with such realistic elements as sea monsters, magic, and divine intervention. These guys make a great argument for the value of studying the humanities.

Sci-Fi Author: In my book I invented the Torment Nexus as a cautionary tale

Tech Company: At long last, we have created the Torment Nexus from classic sci-fi novel Don't Create The Torment Nexus

— Alex Blechman (@AlexBlechman) November 8, 2021 Meta isn’t alone in its recent promotional foibles. Instead of racing to build AGI, the top AI companies seem to be fighting over who can make the creepiest advertisement. A few weeks ago, Anthropic released an eerie video of its own. As my colleague Lucas Ropek described it:

The ad begins with a video of a burning house (not exactly a heartwarming start) before pivoting to a series of still images. These images include a crowd of people being surveilled by facial recognition, a homeless person sleeping on the street, rows upon rows of tombstones in a cemetery, and what appears to be a group of laborers toiling in a mine where (presumably) raw materials for smartphones are being dug up.

Meanwhile, a voice-over track features different people asking questions like “Can AI be trusted?” and “Who’s gonna hit the brakes if we need to?”

Anthropic is trying to convince us that it understands the risks AI poses to society, and therefore, this is the company that people can trust to develop AI responsibly. The message it actually conveys feels closer to the mood of Bowie’s “Five Years.”

OpenAI CEO Sam Altman responded to the Anthropic ad, “I thought this was satire, kept looking for the handle to be spelled c1audeai or something.”

As these companies spar to control the public perception of AI, their efforts don’t seem to be making much progress. A recent Pew survey found that only 16% of Americans think that AI’s impact on society over the next twenty years will be positive, and 40% believe it will have a negative impact. Better luck next time, Meta.

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Amanda Silberling is a senior writer at TechCrunch covering the intersection of technology and culture. She has also written for publications like Polygon, MTV, the Kenyon Review, NPR, and Business Insider. She is the co-host of Wow If True, a podcast about internet culture, with science fiction author Isabel J. Kim. Prior to joining TechCrunch, she worked as a grassroots organizer, museum educator, and film festival coordinator. She holds a B.A. in English from the University of Pennsylvania and served as a Princeton in Asia Fellow in Laos.

You can contact or verify outreach from Amanda by emailing [email protected] or via encrypted message at @amanda.100 on Signal.
2026-07-23 16:38 4d ago
2026-07-23 09:59 4d ago
Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?
TSLA Tesla
FMP Stock News
Original source text
The market has spent the past two years rewarding companies tied to artificial intelligence, robotics, and next-generation infrastructure. Investors are increasingly looking beyond a company’s original business and looking more closely at which ecosystem is building it. 

That shift is key because some of today’s biggest winners no longer fit neatly into a single industry. Tesla (NASDAQ:TSLA | TSLA Price Prediction) and SpaceX (NASDAQ::SPCX) are prime examples. Both are evolving into diversified technology platforms, and their future combination is looking more likely in the near future.

The Market Is Punishing Both Stocks, but for Different Reasons Tesla gave investors another reminder that high expectations can be difficult to satisfy. The electric vehicle maker reported second-quarter earnings yesterday that missed Wall Street’s expectations, and shares are down roughly 8% in premarket trading today following the earnings release.

The disappointing reaction reflects more than weaker vehicle sales. Investors increasingly view Tesla as a company whose future extends well beyond automobiles. Electric vehicles remain the foundation of the business, but management continues to devote enormous resources to energy storage, autonomous driving, humanoid robotics, artificial intelligence, and manufacturing automation. Those businesses could eventually represent a larger share of Tesla’s value than EVs themselves.

SpaceX has experienced a different kind of disappointment. After debuting at $135 per share last month, the stock opened at $150, climbed to $225 within days, and has since fallen to about $115. That’s a decline of roughly 49% from its post-IPO peak in just a few weeks.

Sharp drops after hot IPOs aren’t unusual. Early enthusiasm often gives way to more realistic valuations once investors separate excitement from fundamentals.

The market is savaging Musk's stock prices, but a hidden $200B synergy in AI and robotics suggests the real game has just begun. © 24/7 Wall St. Why A Combination Makes Strategic Sense Reuters reported that Elon Musk has again left open the possibility of some form of combination between Tesla and SpaceX, though he emphasized any decision would ultimately belong to shareholders. 

“I mean, as you can tell from the many collaborations on so many fronts with SpaceX and there’s a lot — there’s more and more overlap…but obviously, we can’t talk about combining companies and that kind of thing on an earnings call. It’s got to be done with the appropriate process.”

Even so, the strategic logic is becoming easier to see. Neither company is defined solely by its legacy business anymore.

Company Legacy Business New Growth Platforms Tesla Electric vehicles Energy storage, Optimus robotics, AI, autonomous driving, manufacturing software SpaceX Rocket launches and satellite deployment Starlink connectivity, AI infrastructure, government services, communications, defense technologies Tesla needs massive computing power, advanced communications, artificial intelligence, and manufacturing expertise. SpaceX continues expanding Starlink while building technologies that increasingly overlap with AI infrastructure and autonomous systems. They have the massive Terafab chipmaking joint venture underway, too.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.

That doesn’t guarantee a merger happens. Antitrust regulators would likely examine any transaction closely, while corporate governance questions would also need answers. The regulatory path could prove long and complicated.

Granted, a full merger isn’t the only possibility. Joint ventures, technology-sharing agreements, or cross-investments could deliver many of the same benefits while avoiding some regulatory hurdles.

Long-Term Investors Should Focus Beyond Today’s Headlines The biggest risk for investors is assuming either company can be valued only on today’s earnings or today’s business.

Tesla’s earnings disappointment overshadowed the fact that management continues investing aggressively in businesses that could reshape transportation, energy, and automation over the next decade. Likewise, SpaceX is becoming more than a launch provider as Starlink, AI infrastructure, and adjacent technologies mature.

Ironically, today’s market weakness may offer patient investors a better entry point than either stock provided just weeks ago. Tesla has pulled back following earnings, while SpaceX trades below its IPO price after one of the quickest post-offering reversals in recent memory.

Key Takeaway In short, betting on a Tesla-SpaceX merger today would be speculative. Regulators could object, shareholders would need to give approval, and management may ultimately pursue a different structure altogether.

Regardless, investors don’t necessarily need a merger for either investment to succeed. The larger story is that both companies are evolving into diversified technology platforms centered on AI, automation, communications, robotics, and energy. Those trends are likely to drive more value over the next decade than electric vehicles or rocket launches alone.

Buying today may not prove to be the absolute bottom. In the end, however, long-term investors willing to tolerate volatility have a compelling case for owning either company — and if some form of combination eventually emerges, it could become one of the most influential technology partnerships of the next decade.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.