Tradr ETFs will ring Cboe's Opening Bell on June 15 to celebrate the launch of SPCM and SPCG, ETFs providing 200% leveraged long and short exposure to the newly public SpaceX stock.
Firm to commemorate the launch of SPCM and SPCG from the center of the world's largest options trading floor
, /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today announced that its team will ring the Opening Bell at Cboe Global Markets at 8:30 am on Monday, June 15, 2026. The ceremony, to be broadcast live on CNBC, will commemorate the expected start of trading for the Tradr 2X Long SpaceX Daily ETF (Cboe: SPCM) and the Tradr 2X Short SpaceX Daily ETF (Cboe: SPCG).
SPCM and SPCG seek to provide traders with 200% leveraged bullish and bearish exposure to SpaceX (Nasdaq: SPCX), one of the most anticipated public offerings in market history.
"Few companies have captured the imagination of investors quite like SpaceX, and we're proud to mark the launch of SPCM and SPCG by ringing the Opening Bell at Cboe," said Russell Tencer, President of Tradr ETFs. "Cboe has been an outstanding partner to Tradr since our inception, and there is no better place to celebrate products built for traders by traders. We're excited to bring both bullish and bearish leveraged exposure to one of the market's most closely watched stocks and to do so from the center of the options trading world."
Monday's expected launch expands Tradr's growing lineup of leveraged ETFs focused on the rapidly evolving space economy. The firm also offers the Tradr 2X Long ASTS Daily ETF (Cboe: ASTX) and the Tradr 2X Long FLY Daily ETF (Cboe: FLYT), providing 200% leveraged long exposure to two other closely watched companies helping shape the future of space-based communications and aerospace innovation.
Tradr's lineup of 65 leveraged ETFs represents over $7 billion in assets under management. Some of its notable tickers on trending stocks include SNXX and SNDQ, which provide long and short exposure to SanDisk (SNDK). Tradr's strategies can be accessed through most brokerage platforms and allow investors to avoid the hassle of using margin and the complexity of options trading. The firm continues its mission of providing sophisticated investors with innovative trading tools that enhance their ability to express market views with precision and efficiency.
For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit www.tradretfs.com.
About Tradr ETFs
Tradr ETFs are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs.
IMPORTANT RISK INFORMATION
Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund's return as much as, or more than, the return of the underlying security.
Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.
Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor.
The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund's underlying security moves more than 50% in a direction adverse to the Fund on a given trading day.
ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results.
ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting www.tradretfs.com. The Prospectus should be read carefully before investing.
Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000965
HomeMarketsU.S. & CanadaMarket SnapshotMarket SnapshotHigher interest rates could make the AI growth story that’s been powering the bull market harder to justifyPublished: June 14, 2026 at 9:00 a.m. ET
SpaceX’s blockbuster stock-market debut on Friday showed that investors still have an appetite for moonshots. But this week, the Federal Reserve could bring highflying parts of Wall Street back down to earth.
Few initial public offerings arrived with as much hype as SpaceX’s SPCX. The rocket maker symbolizes the enduring zeal among investors for futuristic growth stories, drawing demand from Wall Street pros, individual traders and index funds even before its first trade. The company’s shares closed 19% higher in their debut Friday, after the IPO priced at $135. SpaceX is now the sixth-most valuable company on Earth, even though it’s still burning through cash.
Welcome to Trends with Benefits, the podcast that gives you an insider’s edge into finance, tech, and investing. Hosted by Ed Lopez, VanEck’s Head of Product Management.
AI is creating ‘zombie companies’ and the next wave of winners may never go public. VanEck’s Head of Private Growth Strategies Christian Munafo reveals how to find them, why IPOs are still stalled, and what the SpaceX listing could unlock.
Originally published June 9, 2026
For more news, information, and strategy, visit the Beyond Basic Beta Content Hub.
VanEck mutual funds and ETFs are distributed by Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation.
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A year after spending over $14 billion to bring in Alexandr Wang and a group of his top Scale AI engineers to revamp its artificial intelligence efforts, Meta is at least back on the map in AI, though it's still far behind OpenAI, Anthropic and Google in the market.
Wang's big accomplishment was the delivery of the Muse Spark AI model in April, marking Meta's first jump into proprietary foundation models and away from a strict adherence to open source, or open weight as it's more commonly called in AI. The group Wang leads — Meta Superintelligence Labs — was established to give the company some sizzle in the hottest corner of the tech industry.
Now that CEO Mark Zuckerberg has his new model, it's on him to make it a financial success. That means showing the company can attract paying users for its AI tools, rather than just using the technology to enhance and bolster its core advertising business.
"Meta needs to provide more proof points of both adoption and commercialization," said Ralph Schackart, an analyst at William Blair who recommends buying the stock. "Investors are looking for Meta to monetize a new AI-first product, beyond the substantial positive impact AI is having on enhancing the advertising models."
Wall Street, at least so far, is unimpressed. Meta's stock is down 18% over the past 12 months, the worst performer in the megacap group, along with Microsoft, which has its own challenges in AI. That's even after Meta reported 33% revenue growth in the first quarter, the fastest rate of expansion for any period since 2021.
For Meta, the problem started with what some industry experts called, in hindsight at least, a strategic blunder. The company jumped into AI with its Llama family of models, offering an open-source approach that allowed developers to freely tinker, while the other big model makers charged for access.
In April of last year, Meta's release of Llama 4 fell flat, failing to captivate developers and leading Zuckerberg to reconsider his company's approach to AI development. Two months later, Zuckerberg shocked the tech world, announcing his company's $14.3 billion investment for roughly half of Scale AI and, more importantly, bringing over Wang and his top lieutenants.
Wang's development and rollout of Muse Spark in April of this year got the ball rolling. Instead of focusing on third-party developers, the new model was designed to easily plug into Meta's apps like Facebook and Instagram as well as AI-powered devices like the Ray-Ban Meta glasses, said Thomas Randall, an analyst at the Info-Tech Research Group. That's on top of the standalone Meta AI app and site.
"There'll be a lot of these frontier model providers that will fundamentally change in lots of different ways, and Meta needs to have a consistent, reliable proprietary model that they themselves own," Randall said. He added that Meta would be "lost" if Zuckerberg didn't open his wallet for Wang and other big-name AI hires over the past year, in what Randall called a "strategic rebuild" for the company.
Randall said Meta hasn't taken the "most optimized route," but at least "I can now see a vision for what they're trying to achieve and what Wang has been trying to achieve," he said.
Since the release of Muse Spark, Meta has unveiled new AI and business-related subscription plans as part of an effort to expand its business beyond online ads. Historically, it hasn't worked. Meta still counts on ads for 98% of revenue.
Schackart said he wants to see "tangible evidence of a growing list of new, AI-first products created by Muse Spark, even if monetization lags." He said that's "what investors are looking for."
The developer problemNo matter how good Wang's model may be, Zuckerberg has a high hill to climb with developers coming off the Llama debacle.
"I think the AI community largely ignores Meta at this point," said Rob May, CEO of the startup Neurometric, which works in the realm of token engineering.
May said it's hard to gauge how much success Wang has had leading MSL, because the company has thus far only released one AI model, which he characterized as a "yawn" among the AI community since the technology is not widely accessible.
Although Meta was heavily courting third-party developers with Llama, May said the company's efforts under Wang seem geared toward internal uses. May said he used to be in regular touch with Meta for Llama-related issues, but now said he "can't get them to return messages."
May admits that it makes sense for Meta to focus on AI for its core ad products, because the company has a $200 billion a year business to protect.
"That company has built the machine," he said.
Andrew Moore, the CEO of enterprise startup Lovelace and former Google Cloud AI chief, said it's not too late for Meta to find a lane.
Meta has focused on making its models more efficient through training techniques. Moore said that could be a major differentiator among developers worried about the rising costs of foundation models.
"If they do proprietary, computationally efficient models, that will be so different from what's happening in this death match between the big guys," Moore said. "They might really benefit."
Moore added that Meta has to show an advantage somewhere, whether it be on cost, latency or other technical nuances that matter to developers.
Krish Subramanian, the CEO of consulting firm KOI AI and former product head at IBM Consulting, said developers are more excited about Google's AI models than what Meta is offering. The appeal of Llama was that it specifically targeted developers wanting open-weight alternative models, while with Muse Spark, Meta has made little effort in that direction, he said.
"The lack of developer trust will come back to hit them if they don't focus on third-party developers," Subramanian said, noting that it took years for Microsoft to regain trust from open-source coders during the early days of Azure.
"To just focus on a walled-garden kind of an ecosystem and ad revenue as the main source of income, they probably will never become the big player," he said.
Buck stops with ZuckA Meta spokesperson pointed to Wang's recent comments about the company's continued support for the open-source ecosystem, and said Meta still plans to offer outside developers access to Muse Spark's underlying technology via an API, as it previously announced.
"We're already testing with some early partners, and look forward to releasing it this month," the spokesperson said.
In addition to the challenges with developers, there's slumping morale. Meta has been slashing jobs throughout the year, and in May fired about 8,000 workers. The cuts spanned departments, including teams working in roles related to trust and safety, which has raised concerns about potential problems that can arise in AI development, according to people familiar with the matter who asked not to be named in order to speak candidly on the subject.
Meta declined to comment about the layoffs. Regarding safety-related issues, the spokesperson pointed to comments from Wang on the matter. He told the Core Memory podcast last month that, "One of the things that is very important to me is safety for these models."
There's also tension at the top of the AI organization. Although the Muse Spark release received high marks internally, there's pressure on Wang along with former GitHub CEO Nat Friedman, who also joined last summer as part of the AI spending spree, to deliver meaningful revenue growth from the model and future releases, sources with knowledge of the matter said.
Meta tech chief Andrew Bosworth, a 20-year company veteran, is a close confidant of Zuckerberg's and someone the CEO could turn to for a bigger role in AI if the newcomers are perceived as failing, the sources said. On the May podcast, Wang dismissed any reported internal conflicts.
Wang has called Muse Spark an "appetizer" for what's to come, and said there will be more powerful, "larger models."
But the AI community is used to a steady stream of updates and new features. That's what they get from OpenAI, Anthropic and Google.
"What I care about is the frequency of the launches and the cadence," said Howard Yu, a business professor at the International Institute for Management Development in Switzerland. "When you launch something, can you build upon that momentum?"
Randall of the Info-Tech Research Group said it's ultimately up to Zuckerberg to determine that strategy and to show "how much of a superpower they are now with all of their products."
Yu agreed.
"This is really about leadership, right?" he said, noting that at tech companies in particular, the CEO defines and articulates the vision, especially when it involves spending billions of dollars.
That Zuckerberg's metaverse and virtual reality ambitions have generated over $80 billion in total losses since late 2020 makes the AI pitch a tougher sell, Yu said.
"He's running out of the space for his credibility to last," Yu said. "I think the virtual reality foray may have burned up a lot of his goodwill in front of investors."
ChatGPT parent company OpenAI is looking beyond the virtual world and eying the real one.
That's the takeaway from OpenAI chief executive Sam Altman's recent post on X, anyway. As part of his call for artificial intelligence (AI) engineers, Altman said the company is looking for "engineers to help us program and manufacture robots that are useful for society." No interpretation needed.
The question is: What does this mean for Tesla (TSLA +1.65%), which in January suggested it could be selling autonomous humanoid robot assistants -- called Optimus -- by the end of next year?
Image source: Getty Images.
Shaking up the still-new AI robotics business Without knowing more about Altman's vision, it's too soon to say whether OpenAI will be a direct competitor to Tesla, which appears intent on building humanoid robots to handle warehouse and household tasks. OpenAI may end up making robotics meant for industrial assembly lines, dangerous drilling work, or agricultural duties.
There's little doubt, however, that these two companies will eventually compete with one another on the autonomous robot front.
And that's more of a problem for Tesla and its shareholders than it is for OpenAI and its future investors, if it ever goes public, for one simple reason. That is, Tesla stock is already priced at a steep premium. For perspective, Tesla shares are currently trading at nearly 13 times next year's projected revenue of $118 billion and 160 times 2027's expected earnings per share of around $2.60. Both are wildly high, suggesting the stock isn't just priced for perfection, but dominance ... of multiple markets.
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Next year's results still won't fully reflect any robot revenue that begins flowing for Tesla in 2027, if any at all. For that matter, it's unlikely OpenAI will have any actual physical robots to start selling next year either.
Much can happen between now and then, though. If nothing else, it gives current and would-be shareholders time and reason to consider the possibility that a well-established rival could compete with Tesla on the robotics front, perhaps eventually even in the humanoid assistant market. And it doesn't hurt that ChatGPT still dominates the AI chatbot landscape, with a near-80% market share, according to numbers from Statcounter. If there's any integration or robot management to be done, it should be handled with relative ease using OpenAI's popular app.
Altman's new focus does something else, too. That is, in that OpenAI already backs robotics start-up 1X Technologies and has previously collaborated with Figure AI, it not only illustrates how other tech companies could enter the robotics market, but also highlights the fact that many such robotics companies like Agility Robotics, Symbotic, and NEURA Robotics -- just to name a few -- already exist.
Yes, it's a (slight) concern Don't misread the message. Tesla will probably beat everyone else to the personal AI-powered robot market. It's unlikely to dominate this business, though, the way the company dominated the electric vehicle market as it became mainstream. It's the sheer unknown of the matter that works against the stock.
From this perspective, OpenAI's interest in robotics should give Tesla shareholders pause, even if only a modest one.
President Donald Trump is set to head to France for the annual summit of the Group of Seven nations, with the U.S. and Iran yet to finalize an anticipated deal to end the Middle East war that has stirred political and economic strife around the world.
The three-day G7 summit, which starts Monday, is taking place in Évian-les-Bains, on France's eastern border with Switzerland, on the shores of Lake Geneva.
Trump said he will depart for the summit "immediately" after attending a mixed-martial arts fight that is set to take place Sunday evening on the White House's South Lawn. The UFC match coincides with Trump's 80th birthday.
As France began its turn leading the G7 in January, President Emmanuel Macron expressed a desire for the group to prioritize reducing inequality and fostering multilateralism while addressing inflamed trade and geopolitical tensions. Those priorities may be counter to Trump's America First agenda, under which he's imposed tariffs, gone after other world leaders directly and on social media and started a war. And inequality in the U.S. is worse than in every European country except for Turkey and just short of its highest point ever, according to the World Bank's Gini index.
During his second term in the White House, even more than in his first, Trump has distanced himself from traditional U.S. allies and repeatedly flirted with pulling the U.S. out of NATO, the key defense alliance between the U.S. and Europe.
While a deal to end the Iran war is drawing much of the world's focus, the G7 leaders are also likely to spend time addressing Russia's war against Ukraine, which continues to rage in eastern Europe.
The seven nations — Canada, France, Germany, Italy, Japan, the UK and the U.S. — and the European Union are also expected to discuss issues related to artificial intelligence, online protections and the fight against organized crime.
There could be "real fireworks" on AI, said Victor Cha, president of the Geopolitics and Foreign Policy Department at the Center for Strategic and International Studies.
Europe is eager to rein in Big Tech and regulate AI leaders on energy and environmental grounds, while the U.S. under Trump has opposed aggressively regulating the nascent industry, Cha said.
But Macron, who has been courting tech leaders, invited OpenAI chief Sam Altman to attend the G7 and participate in talks with the leaders, the tech company told CNBC. Bloomberg reported that executives from Anthropic and Google are also slated to attend the conference.
Cha anticipated that Trump is likely to be greeted at the summit by a group of other world leaders who are trying to rein in the U.S. itself.
"Even under good conditions, Trump is walking into a G7 where the Europeans, they've not appreciated the way that Trump has talked about Europe," he said. "With all these other issues on the agenda, I'm sure it's going to be a very frank and candid and fiery conversation."
But the summit has the potential to be overshadowed by the Iran war, which Trump started in February and which he has repeatedly said is near an end.
A senior Trump administration official told reporters Friday that such a deal could be signed in just a few days. But "it's not 100%" certain that it will work out, the official added.
Trump on Saturday said that a deal to end the war with Iran will be signed on Sunday, followed by the opening of the Strait of Hormuz, but Iranian state media disputed the timing.
The two sides have not yet determined where a deal would be signed, though the official noted a location in Europe has been floated. Bloomberg had reported earlier Friday that a deal could be signed in Switzerland.
Google is making the biggest change to its search business in more than two decades, integrating AI-generated answers, conversational search, and reasoning tools directly into the heart of its search product, which has shaped the course of content and the internet.. Nick Fox, Google's Senior Vice President of Knowledge and Information, argues that AI allows users to ask more complex questions and get faster, more useful answers while still connecting people to content across the web.
As Alphabet NASDAQ: GOOGL continues to dominate headlines with Google Cloud's acceleration, Gemini's progress, and its massive AI infrastructure buildout, one segment of the company rarely gets mentioned: Other Bets. It is home to Alphabet's moonshot ventures, experimental projects that do not yet contribute materially to earnings but have the potential to reshape entire industries.
And this past week, two of those bets delivered news suggesting the segment deserves far more investor attention than it gets.
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Wing Is Quietly Becoming a Real BusinessAlphabet Today
$359.68 +1.91 (+0.53%)
As of 06/12/2026 04:00 PM Eastern
52-Week Range$162.00▼
$408.61Dividend Yield0.24%
P/E Ratio27.44
Price Target$413.13
On June 8, Wing, Alphabet's drone delivery subsidiary, announced an expansion into seven more U.S. cities through its partnership with Walmart NASDAQ: WMT.
The new markets include Memphis, New Orleans, Philadelphia, Phoenix, San Diego, the San Francisco Bay Area, and Salt Lake City, bringing the combined service footprint to nearly 20 U.S. markets.
The expansion is part of a broader plan to build a drone delivery network spanning more than 270 Walmart locations by next year, reaching over 40 million Americans, or roughly 10% of the U.S. population.
The numbers behind the program suggest this is no longer an experiment. Wing has completed over one million commercial deliveries. Its drones fly at up to 60 mph and deliver within roughly 30 minutes. And according to the company, its top 25% of customers are using the service three times a week. That is habitual, repeat usage, the exact kind of engagement that turns a novelty into a durable business.
Notably, Alphabet recently tied a portion of CEO Sundar Pichai's compensation to performance at Wing and Waymo for the first time, a clear signal that these ventures are now expected to deliver.
Waymo Adds a Recurring Revenue LayerOne day later, on June 11, Waymo introduced its first-ever membership program. Waymo Premier, a $29.99-per-month, invite-only tier, offers priority pickups, 10% cash back on every trip in the form of ride credits, early access to new cities, and up to 5 free cancellations per month. The program is launching initially in San Francisco, Los Angeles, and Phoenix, Waymo's three longest-running markets, with tens of thousands of invitations going out to the service's most frequent riders.
The membership move matters because of what it signals about scale. Waymo has doubled its paid rides to approximately 500,000 per week in less than a year and is targeting one million weekly trips by year-end. The company raised $16 billion at a $126 billion valuation earlier this year to fund expansion into more than 20 cities, including its first international markets in Tokyo and London.
For context, Uber's NYSE: UBER comparable membership program, Uber One, reached 50 million members and drove half of the company's gross bookings in the first quarter. If Waymo Premier follows even a fraction of that trajectory, it adds a recurring revenue layer on top of a ride business that is already compounding rapidly.
The Segment Is Still a Loss-Maker, But That Is the PointTo be clear, Other Bets remains deeply unprofitable. In Q1 2026, the segment generated $411 million in revenue against an operating loss of $2.1 billion. For a company that generated $132 billion in net income in 2025 and roughly $160 billion in net income over the trailing 12 months, that loss is easily absorbed. But it underscores why the market assigns little to no value to the segment within Alphabet's almost $4.3 trillion market cap. That is precisely what makes it interesting. Waymo alone carries a private valuation of $126 billion, and the optionality embedded in Wing's commercial scaling is effectively free at current prices.
The Bigger Picture for GOOGLThe stock, up about 15% year-to-date, has seen recent price action that is especially interesting. GOOGL has fallen over 10% from its recent 52-week high, and briefly broke below key support near $357 on June 11.
Alphabet Inc. (GOOGL) Price Chart for Sunday, June, 14, 2026
What stands out is the close from June 11. Having broken below major short-term support, the stock reclaimed that level and closed back in the range. That’s a potentially extremely bullish close and technical pattern, signaling the bulls have re-entered the fray and taken back control. If GOOGL can push back toward the short-term resistance near $372, a higher low might be all but confirmed.
Shifting gears back to the fundamentals, the core Alphabet thesis for investors remains anchored in Search, Cloud, and AI. But weeks like this one are a reminder that the company is also incubating businesses that could matter enormously over the next decade.
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Goldman Sachs recently predicted that artificial intelligence (AI) infrastructure spending could climb to between $920 billion and $1.4 trillion next year, up from the more than $700 billion expected to be spent this year. Those are some huge numbers, and there undoubtedly will be some nice winners in the space.
Let's look at three under-the-radar AI stock winners set to benefit from this surge in data center capital expenditures (capex).
Image source: Getty Images
1. Alphabet Alphabet (GOOGL +0.53%) (GOOG +0.44%) is set to be both one of the big spenders and winners when it comes to AI infrastructure spending. The company plans to spend between $180 billion and $190 billion this year, with a significant increase in 2027. However, if there is any company that should be pushing up its capex spending, it's Alphabet.
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The reason is that the company currently has a significant cost advantage with its tensor processing units (TPUs). By being less reliant on Nvidia's graphics processing units (GPUs) than its competitors, it is getting more bang for its buck with its AI infrastructure spending. This lets it train its Gemini model at significantly lower cost than peers and also save huge costs on inference. In many cases, this can also help provide it with a better return with Google Cloud, which is growing rapidly.
Alphabet's TPUs have become so well regarded that it is now allowing select customers, such as Anthropic, to place orders directly with co-developer partner Broadcom. This adds another high-margin revenue stream for Alphabet. Between this and its TPU cost advantage, this is a stock set to win from surging data center capex.
2. Taiwan Semiconductor Manufacturing AI chip spending is now not only going up, but it is also widening. That's great news for Taiwan Semiconductor Manufacturing (TSM +0.46%). Whether the spending is going to GPUs, custom application-specific integrated circuits (ASICs) like Alphabet's TPUs, or high-performance central processing units (CPUs), this all benefits TSMC, which has a virtual monopoly in the manufacturing of advanced logic chips.
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While chip designers will inevitably look to second source their manufacturing base if possible, right now they are beholden to TSMC, as it is the only foundry that has both the scale and expertise to produce advanced logic chips in mass quantities with high yields (few defects). This has made the company an integral partner with leading chip designers, who must turn to TSMC not only for help securing capacity but also for planning their entire chip roadmaps. As more chip companies fight to secure fab capacity, this benefits TSMC, which has already shown it has strong pricing power. Recent reports indicate the company will raise prices on its newer 3nm chips by 15% later this year.
This all makes TSMC one of the best stocks to own as spending on AI infrastructure continues to ramp.
3. ASML While TSMC manufactures advanced logic chips, ASML (ASML 1.70%) provides the machines that make this possible. In fact, without its technology, there would be no AI infrastructure boom, as it is the only company in the world with extreme ultraviolet (EUV) lithography technology.
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EUV machines are what make GPUs and other advanced chips possible, making ASML one of the most important companies, even though it is not a household name.
In addition to being needed in the manufacturing of advanced logic chips, these machines are also used to make high bandwidth memory (HBM), while its older DUV machines can also be used in the memory-making process. Its EUV machines cost upwards of $200 million, so these are pricey pieces of equipment, and the company is seeing robust demand from both foundries like TSMC and the big memory makers.
As AI capex continues to climb, ASML is a great under-the-radar stock to own.
Two of the largest and most important companies in the world are Microsoft (MSFT +0.11%) and Amazon (AMZN 1.24%). Both companies rank among the top five largest companies in the world, coming in at fourth and fifth, respectively. However, investors may be torn between which is the better choice.
On the surface, they look like completely different businesses, but the more you dig, the more you'll find they have in common. But which is the better buy? Let's find out.
Image source: Getty Images.
Cloud computing is a major component for each Ask your average person what each company does, and you'd likely get a response along the lines of: "Microsoft makes computer software, and Amazon sells goods and delivers them." While those two statements aren't wrong, they ignore the most important part of each business: cloud computing.
Both Microsoft and Amazon have major cloud computing divisions, with Microsoft Azure and Amazon Web Services (AWS) integral to their businesses. The effect cloud computing has on their businesses is impressive, especially with Amazon. AWS accounted for 59% of operating profits in Q1 despite generating only 21% of total revenue. Microsoft is less granular with its cloud reporting, and we only know that it grew 40% year over year -- Microsoft's fastest-growing individual unit.
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These two are very similar businesses and are the primary reasons to invest in the stock, but you're not going to find much difference between the two, so let's look at their other business segments.
For Microsoft, a significant chunk of its sales comes from business productivity software, a high-margin business that's pretty safe during a downturn. Amazon's commerce business is also solid, but it operates on a low-margin model (sometimes at a loss) and can be impacted by consumer sentiment.
Microsoft has a stronger core business outside of cloud computing, so I'm giving it the win here.
Winner: Microsoft
Both companies are growing at a similar rate During their most recent quarters, each business grew at around the same pace. Microsoft's revenue rose 18% year over year, and its cash from operations rose 26%. Cash from operations is a better metric for these two companies than earnings because each is spending heavily on data centers and also has various one-time effects coming from significant investments in generative artificial intelligence firms like Anthropic and OpenAI.
Amazon's revenue grew 17% year over year, but its cash from operations rose 53% thanks to AWS' strength.
Data by YCharts.
Because there is such a difference in profit margins between Amazon's commerce and cloud business, it will likely continue to grow cash from operations at an outsize pace for some time, as its high-margin business is growing far faster than its low-margin businesses. Microsoft is more balanced and won't show as rapid a cash flow growth as Amazon will in the future.
Winner: Amazon
Both stocks are priced cheaply from a historical standpoint Sticking with the trend of using cash from operations, both stocks are valued at a pretty cheap level, at least compared to the last five years.
Data by YCharts.
This price tag, especially for Microsoft, is far off from its normal levels. Even Amazon is valued decidedly lower than it was over the previous few years, but it's not down as much. With both companies trading at nearly identical prices, I don't know if I can call one a winner here. They are both excellent stocks to buy and have the same price tag. As a result, I'm going to call this one a tie.
Winner: Tie
A tie?! The reality is that both Amazon and Microsoft are excellent investments. I don't think investors can go wrong with either, and with their attractive prices, now is a perfect time to buy. However, this analysis cannot just end in a tie. If I'm looking for a differentiating factor, I think Amazon has it.
Amazon's custom AI chip business is exploding, growing at a triple-digit year-over-year pace. Additionally, it has deep partnerships with Anthropic. While Microsoft has its own custom AI chip and has a partnership with OpenAI, Amazon's custom chip business is doing better, and by all accounts, Anthropic's models are outperforming OpenAI's. As a result, I'll give the edge to Amazon at the moment.
Hyperscaler cloud platforms are doing something rare in the AI era: turning eye-watering capital expenditures into accelerating top-line growth. With Q2 earnings reports landing in July, June is shaping up as a positioning window for the three mega caps that dominate enterprise cloud. Each just printed cloud growth that re-accelerated, each is sitting on contracted backlog measured in hundreds of billions, and each has pulled back enough from recent highs to give buyers a re-entry point.
Here are three cloud computing stocks worth a close look this month.
Microsoft (MSFT) Microsoft (NASDAQ:MSFT | MSFT Price Prediction) is the cleanest enterprise AI compounder in the group. Shares traded for around $387 on Friday, June 12, leaving the stock down more than 18% year to date and more than 19% lower over one year. The cloud franchise remains in strong shape despite the share price weakness.
Fiscal Q3 results filed April 29, 2026 showed Intelligent Cloud revenue of $34.68 billion, up 30% year over year, with Azure and other cloud services growing 40%. Microsoft Cloud as a whole reached $54.5 billion, up 29%, and commercial remaining performance obligations stand at a staggering $627 billion, nearly doubled YoY. CEO Satya Nadella noted on the call that “Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.”
EPS came in at $4.27, beating estimates by 5%, the fourth straight beat. The stock trades at a P/E of 29, with operating margin holding at 46%. The 247Factor model implies a base-case price of $509.86 over the next 12 months, with 95% of analysts bullish.
Risk: CapEx hit $30.88 billion last quarter, up 84% YoY. Returns on that pace of infrastructure spend are not yet proven, and any softness in Azure growth would force a re-rating.
Alphabet (GOOGL) Alphabet (NASDAQ:GOOGL) is the value play of the mega cap cloud group. The stock trades at a P/E of just 16 — lighter than Microsoft and Amazon — while Google Cloud is growing the fastest of the three.
Q1 FY26 results showed Google Cloud revenue of $20.03 billion, up 63% YoY, with backlog nearly doubling quarter on quarter to over $460 billion. CEO Sundar Pichai stated, “Google Cloud revenues grew 63% with backlog nearly doubling quarter on quarter to over $460 billion.” Consolidated revenue was $109.9 billion, up 22%, and operating income reached $39.7 billion, up 30%.
Shares trade at $356.38, up 14% year to date and a remarkable 100% over one year. The nearly 7% pullback over the past month sets up a constructive entry. Reddit sentiment is decisively bullish, with retail investors zeroing in on Google’s $80 billion capital raise and the Google-SpaceX compute deal at $920 million a month. The most upvoted thread, “For those who keep asking for a ‘one buy and hold for the next 10 years’ the opportunity is here: it’s GOOGL,” drew 2,134 upvotes and 569 comments. The base-case 12-month target sits at $447.59, an upside of 26%.
Risk: 2026 CapEx guidance of $175 billion to $185 billion is pressuring free cash flow, which fell 47% YoY to $10.1 billion in Q1. Equity-gain volatility also distorts headline EPS quarter to quarter.
Amazon (AMZN) Amazon (NASDAQ:AMZN) offers the cleanest AWS reacceleration story. Q1 FY26 AWS revenue reached $37.587 billion, up 28% YoY, the segment’s fastest growth in 15 quarters, with operating margin at 38%. AWS growth has stair-stepped from 17% in Q2 2025 to 20% in Q3, then 24% and now 28%. That is the trajectory bulls want to see.
CEO Andy Jassy told investors, “AWS is growing 28% (our fastest growth in 15 quarters) on a very large base, our chips business topped a $20 billion revenue run rate (growing triple digits year-over-year).” Anchor commitments include OpenAI at approximately 2 GW of Trainium and Anthropic at up to 5 GW. EPS of $2.78 beat estimates by 61%, the fifth straight beat. Management guided Q2 revenue to $194 billion to $199 billion.
The stock traded around $236 on Friday, June 12, down more than 11% over the past month. The 247Factor base case is $322.52 — upside of 36% — and 94% of analysts are bullish.
Risk: CapEx ramped to $44.2 billion in Q1, up 77%, with full-year 2026 spending planned near $200 billion. TTM free cash flow fell 95% to $1.2 billion, and long-term debt jumped to $119.1 billion. Management has flagged tariff and recession risks heading into the back half.
What to Watch Next July earnings will be the next catalyst. Keep an eye on Azure’s growth rate holding above 35%, Google Cloud sustaining a triple-digit backlog ramp and AWS extending its acceleration past 28%. If those three numbers print, the AI CapEx cycle moves from speculation to demonstrated payback, and these three names lead the next leg.
Apple (AAPL 1.52%) has long been the biggest name in the Berkshire Hathaway (BRKA +0.73%) (BRKB +0.71%) portfolio. Berkshire's now-retired leader, Warren Buffett, often spoke glowingly about Apple and its ecosystem, calling it an "extraordinary consumer franchise" with massive brand loyalty. In 2020, he went even further, calling Apple "probably the best business I know in the world."
But Buffett spent the last few years of his time as Berkshire Hathaway's CEO divesting the conglomerate of Apple. In mid-2023, Berkshire had 914,560,382 shares of Apple stock. At the time, it was trading at $193.97 per share, and Berkshire's total Apple stock holding was valued at $177.39 billion.
Today, Berkshire Hathaway has 227,917,808 shares, with a total market capitalization of $66.35 billion. It's still a sizable stake, accounting for 20% of Berkshire's portfolio, but that's a long way from the roughly 50% weighting it used to have.
Image source: The Motley Fool.
But here's where things get really interesting -- Apple stock price has risen 50% since Berkshire began selling its shares. And had Buffett kept all of that Apple stock, Berkshire's position would be worth roughly $267.34 billion today -- a gain of nearly $90 billion.
Nobody likes to leave money on the table, and Buffett said in April that he believes he sold Apple stock "too soon." But was Buffett right to sell Apple stock at all?
I think the answer is clear. And after the recent Worldwide Developers Conference (WWDC), I'm even more firmly convinced.
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WWDC was underwhelming Apple's WWDC is an annual event where the smartphone maker regularly unveils new products and long-awaited updates. Investors and customers have long been waiting for Apple to get more involved in artificial intelligence (AI) -- its Siri chatbot was cutting-edge when it launched more than a decade ago, but its limitations have become clear as generative AI chatbots have become more common.
This year, Apple finally introduced Siri AI, an advanced version of its digital personal assistant. Apple calls it a "profoundly more intelligent, knowledgeable, and capable Siri" that can answer questions about content on users' screens, search across apps, and get real-time information from websites.
However, the app failed to wow investors and analysts, and it won't even be available to all Apple customers -- users in the European Union and China won't get Siri AI this fall. Shares of Apple ended up falling more than 5% for the week -- surely not the response that Apple executives had hoped for.
Data by YCharts.
For the record, Buffett is still a big fan of Apple stock and the company's management. But portfolio management is important, and Berkshire Hathaway was badly overexposed to Apple, leaving it tremendously vulnerable should something have happened to the company.
"I'm very happy to have it be our largest holding," Buffett said in April. "I was not happy to have it be as large as almost everything else combined."
And selling Apple has allowed Berkshire Hathaway to make other purchases that will be important for the company. It opened a large position in Alphabet, buying $20 billion in shares and agreeing to purchase another $10 billion through a private placement. The conglomerate has also picked up shares of Macy's and Delta Air Lines, and increased its stake in The New York Times.
Buffett and Berkshire's new CEO, Greg Abel, know the importance of portfolio diversification. Even though Apple stock is up big since mid-2023, selling the stock was the right move. WWDC reinforces that Berkshire was wise to reduce its exposure rather than being so heavily concentrated in a single company.
Jensen Huang spent most of NVIDIA (NASDAQ:NVDA | NVDA Price Prediction)’s Q1 FY27 earnings call on May 20, 2026 doing something unusual for a chip CEO: arguing that the chip itself is no longer the company’s most important asset.
His core line: “Agentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries. NVIDIA is uniquely positioned at the center of this transformation as the only platform that runs in every cloud, powers every frontier and open source model, and scales everywhere AI is produced, from hyperscale data centers to the edge.”
The word that carries weight is “platform.” Huang argues competitors can copy a transistor pattern, but not the surrounding stack: CUDA software, NVLink scale-up networking, Spectrum-X scale-out Ethernet, BlueField control plane, and the manufacturing choreography that turns silicon into a working AI factory.
The Quote That Sums Up the Thesis He said it more bluntly on the prior cycle’s call: “The AI race is not just about chips. It’s about which stack the world runs on.” And: “The platform that wins the AI developers wins AI.”
The numbers back the framing. Q1 FY27 revenue hit $81.61 billion, up 85% year over year, with non-GAAP EPS of $1.87 and non-GAAP gross margin of 75.0%. Most revealing: Data Center Networking at $14.8 billion, up 199% YoY. Networking would not exist if NVIDIA were just selling chips into a commodity market. InfiniBand, NVLink, and Spectrum-X demand tripled because customers buying GPUs are buying them inside rack-scale systems that depend on NVIDIA’s fabric.
Why Customers Keep Coming Back Software does similar work. CFO Colette Kress noted that software optimizations have already improved Blackwell’s performance by 1.5x in the last month alone, with Hopper having seen a 4x inference performance increase over two years through software alone. Customers who switch chips lose that compounding curve.
On China, Huang has been explicit about why silicon dominance alone is fragile: “The U.S. has based its policy on the assumption that China cannot make AI chips. That assumption was always questionable and now it’s clearly wrong. China has enormous manufacturing capability.” If chips were the moat, export controls would be the strategy. Instead, NVIDIA defends ground at the developer and ecosystem layer.
What the Guide Says About Lock-In The Q2 FY27 guide is $91.0 billion plus or minus 2%, with non-GAAP gross margin holding at 75.0% and no China data center compute revenue assumed. Total supply-related commitments now sit at $119.0 billion, and multi-year cloud service commitments expanded to $30.0 billion. Those numbers, signed before the chips exist, are practical evidence of platform lock-in. The board raised the dividend from $0.01 to $0.25 per share and authorized an additional $80 billion buyback.
I have owned NVIDIA for over 15 years. What has actually changed in the last two cycles is how complete the surrounding stack has become, while the GPU lead has held steady. Shares closed at $205.19 on June 12, up 10% year to date, with the prediction-market crowd pricing a June range of $192 to $240. Keep an eye on networking growth and the China carve-out next quarter. Both will tell you whether Huang’s platform story holds when chip headlines do not.
Shanghai Disneyland Resort may be announcing a second theme park as part of its 10th anniversary celebrations.
MSM
Disney is tipped to imminently announce that it is developing a new theme park as part of a $60 billion investment in its Experiences division which generates the majority of its operating income.
It is widely expected that the park will be built in Shanghai alongside its existing fairytale-themed outpost there and the announcement could come as early as next week.
Tomorrow the resort will begin two days of celebrations to mark its tenth anniversary with Disney's chief executive Josh D'Amaro flying in for the festivities. The invitation received by this author doesn't refer to an announcement and simply invites media to "join us to celebrate ten years of making magic together." However, there will be plenty of opportunity for an announcement to be made.
The festivities will begin tomorrow afternoon with a media session which will showcase highlights from the past decade at the resort and provide the updates about the latest developments, according to the organizers. The media event will be followed by a red-carpet celebration with the highlight taking place in the evening in front of the park's soaring Enchanted Storybook Castle. It will be the backdrop for live performances by Disney characters and an anniversary fireworks celebration.
The party will continue on Tuesday morning with a special birthday moment for park guests in front of the castle which is the tallest in any Disney park and the only one to contain a boat ride. That's far from the only difference with its counterparts around the world.
Disney's former chief executive Bob Iger famously described the park as "authentically Disney, distinctly Chinese." It is no exaggeration. Instead of creating a carbon-copy of Disney's American theme parks, its designers, who are known as Imagineers due to their imaginative use of engineering, tailored the Shanghai site to the local market. Everything was customized, from the park's layout and attraction lineup right down to its wide range of Chinese food.
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Shanghai Disneyland has some distinct differences to its American counterparts, including a bigger castle set in a garden. (Photo by VCG/VCG via Getty Images)
VCG via Getty Images
Unlike all of Disney's other so-called castle parks, Shanghai has no turn-of-the-century themed Main Street running from the entrance to its centerpiece castle. In place of this slice of Americana is the cartoony Mickey Avenue which is themed to classic capers featuring Disney's mascot. Likewise, there is no steam train or Haunted Mansion as you usually find in Disney's castle parks. The railroad got cut to maximize walking spaces while the Haunted Mansion was removed out of respect for Chinese cultural sensitivities regarding death and spirits.
The clearest nod to the local audience is right in the middle of the park which is usually paved. Instead, Shanghai Disney is home to the grassy Garden of the Twelve Friends with 12 massive mosaic murals of classic Disney characters in the form of Chinese Zodiac animals. It took more than the wave of a magic wand to pull it off according to Jim Shull, a former Imagineer who worked on Shanghai Disney. Shull is one of the most skilled artists to have ever worked at Imagineering and went on to found the Disney Journey YouTube channel.
He says that China's state-owned Shanghai Shendi Group, which is a 57% shareholder in the resort, "set up meetings and focus groups and opportunities to tour" the city so that the Imagineers could find out about local culture. He adds that “at the same time, you try to live there, if you can, and kind of soak up the environment to understand what the locals value. It's not just researching, it's taking the research, analysing and understanding it, talking to locals, engaging with locals and understanding what their values are and what is important.”
Shanghai Disneyland produced an elaborate invitation for its grand opening event.
MSM
No expense was spared and the resort cost an estimated $6 billion to build. Disney didn’t even cut corners on the invitation to the opening event which this author received in 2016. Presented in a large royal blue box, the invitation followed the format of a Russian nesting doll as it contained layers which, in turn, held more layers. Each one had concept art in it for the lands in the park and the images looked so impressive that Imagineering recently posted it on Instagram in advance of the anniversary.
The blockbuster spending paid off as Shanghai Disney welcomed its 100 millionth guest in November last year and it isn't stopping there. According to the latest data from the Themed Entertainment Association (TEA), in 2024 the park's attendance rose 5% to 14.7 million. Disney owns 43% of the resort with the remainder in Shendi's hands. In contrast, Disney controls the resort's management company with a 70% stake and 30% owned by Shendi.
Disney is paid royalties based on the resort’s revenues though it doesn't disclose the performance of individual parks in its filings. It lifted the curtain a little towards the end of the pandemic when it revealed that Shanghai Disney had record revenue, operating income and margins in the third quarter of 2023 and experienced the highest year-on-year operating income growth of all of its international sites. It is now the world's fifth most-visited theme park according to the TEA though it is facing stiff local competition.
Universal Studios opened a park in Beijing in 2021. (Photo by Kevin Frayer/Getty Images)
Getty Images
In 2005 none of the 25 most-visited parks worldwide were in China but the country was home to six of them by 2024 according to the TEA. The local landscape in Shanghai is also getting even more crowded with a branch of the wildly-successful tour behind the scenes of the Harry Potter movies set to open there next year. Disney's arch-rival Universal opened a theme park in nearby Beijing in September 2021 and it already has the 12th highest attendance in the world with visitor numbers rising 8.6% to 9.8 million in 2024 according to the TEA.
To compete, Shanghai Disney opened an immersive land themed to the hit animated movie Zootopia in December 2023 and it is now building a Spider-Man roller coaster. Two new hotels are also in development suggesting that the resort is preparing for a lot more visitors.
"Likely a second park is coming to Shanghai Disneyland to open around the 15th anniversary" says Shull. Rumours about the park have been widely discussed in theme park circles online for months and it is believed to be codenamed Project Atlas.
Initially thought to be science-themed, it is now said that the park will instead feature immersive lands based on local favorite films and franchises such as Avatar, Marvel and Moana.
Shanghai may get an 'Avatar'-themed land like the one in Florida. (Photo by Steven Diaz/Disney Resorts via Getty Images)
Getty Images
If Disney does indeed announce the new park it will be the second in as many years as the studio revealed in May 2025 that a Disneyland will also be coming to Abu Dhabi. There is good reason for this desire to expand.
Theme parks sit inside Disney's Experiences division which generated 57% of its $17.6 billion operating income last year and nearly 40% of its $94.4 billion revenue. In an attempt to drive this even higher, Disney announced in September 2023 that it would invest $60 billion in Experiences over the next decade with its theme parks getting around half of the total and the remainder spent on its cruise line as well as maintenance and technology upgrades. It added that it has more than 1,000 acres of land for possible future development which is the equivalent of around seven new Disneyland parks.
Building a second park in China is a no-brainer and not just because of the success of its existing site. Last week the World Travel & Tourism Council announced that by 2036, China’s travel and tourism sector is expected to nearly double in value to $3.5 trillion, generating one in every five new travel and tourism jobs worldwide. The country is on a roll as international arrivals rose 15.5% last year to more than 68 million with international visitor spending surpassing pre-pandemic levels at $135 billion. Theme parks are at the vanguard of this growth.
Recent data from Mordor Intelligence forecast that the Asia Pacific amusement park sector is set to grow by 29.6% to $99 billion by 2031 with the biggest single market being China as it accounted for 43.6% of the total last year. Looking specifically at the revenue generated by theme parks in China, Grand View Research predicted that it would nearly double to $23.5 billion between 2025 and 2033. If Disney does announce a second outpost in Shanghai then China might not just meet those targets, it could knock them out of the park.
Consumer confidence is softening into the back half of spring, and the rotation out of growth and into recession-resistant cash flow is picking up speed. For investors looking to add ballast before the summer, three blue-chip staples stand out: Each delivered a top-and-bottom-line beat in its most recent quarter, each carries a multi-decade dividend track record and each is rated a Buy by our model with double-digit (or near-double-digit) upside to base-case targets.
Here are three defensive compounders worth a look in June.
This infographic details three recession-resistant consumer staples stocks—Coca-Cola, Procter & Gamble, and Colgate-Palmolive—highlighting their recent earnings, dividend growth, and summer investment angles, with data current as of June 10, 2026. Coca-Cola (NYSE: KO) Coca-Cola (NYSE:KO | KO Price Prediction) is the cleanest summer trade in the group. Beverages skew warm-weather, and the company is heading into peak season with serious momentum. Q1 2026 (filed April 28) delivered EPS of 86 cents against an 81-cent estimate and revenue of $12.472 billion, up 12% year over year. Organic revenue growth ran at 10%, global unit case volume rose 3%, and Coca-Cola Zero Sugar volume jumped 13% across all geographic segments.
Operating margin expanded to 35% from 33%, and management raised comparable EPS growth guidance to 8% to 9% versus the $3.00 baseline in 2025, with free cash flow targeted near $12.2 billion. New CEO Henrique Braun said, “We’ve had a strong start to the year. Our performance this quarter reflects our unwavering focus on staying close to the consumer, executing locally and managing complexity.”
At around $84, shares trade at a forward P/E of 24 with a 3% dividend yield backed by a 63rd consecutive annual increase. Our model targets $90.13 base case with 8% upside, supported by 79% bullish analysts.
The caveat: Asia Pacific comparable operating income declined 17% in Q1, and the pending Coca-Cola Beverages Africa sale creates a roughly 4% headwind on net revenues.
Procter & Gamble (NYSE: PG) Procter & Gamble (NYSE:PG) is the laggard turning the corner. Shares are down 6% over the past year but have rebounded 6% in the past week, suggesting the rotation trade is already pulling capital into this name. The Q3 FY2026 report (filed April 24, 2026) showed core EPS of $1.59 versus $1.5552 expected on net sales of $21.235 billion, up 7% year over year. Organic growth of 3% came in broad-based across all five segments, with Beauty leading at 7% organic growth.
The summer angle is structural. Deodorants, laundry, paper, and skin care peak in the warm months, and P&G’s brand stable, including Tide, Pampers, Gillette, Olay, and Charmin, prints reliable cash regardless of macro stress. Management is funneling that cash back to shareholders aggressively: about $10 billion in dividends and $5 billion in repurchases for FY2026, on top of a 70th consecutive annual dividend increase and 136th straight year of dividend payments since 1890.
At around $149, PG trades at a forward P/E of 21 with a 3% yield. Our base case sees $165.63, or 11% upside. CEO Shailesh Jejurikar noted P&G is “increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment.”
The caveat: a roughly $400 million after-tax tariff headwind plus $150 million in commodity costs have management guiding to the lower end of the $6.83 to $7.09 core EPS range.
Colgate-Palmolive (NYSE: CL) Colgate-Palmolive (NYSE:CL) carries the highest model-implied upside in this trio. Q1 2026 (filed May 1) produced adjusted EPS of 97 cents versus the 94-cent consensus on revenue of $5.32 billion, up 8.4% year over year. Organic sales grew 3%, with Latin America up 15%, Europe up 12%, and Asia Pacific up 9%. CEO Noel Wallace called it a “strong start to 2026, with broad-based top and bottom-line growth.”
The summer angle layers nicely: Speed Stick and Irish Spring for personal care, EltaMD for skin, and Hill’s Science Diet for pet travel. Hill’s Pet Nutrition grew 7% in the quarter. Colgate is a Dividend Aristocrat with 63 consecutive years of annual dividend increases and returned $2.9 billion to shareholders in 2025.
At around $89, the stock yields 2% with a forward P/E of 23. Our model targets $105.51 with 17% upside, anchored by a 0.32 beta and 65% bullish analyst sentiment with zero sell ratings.
The caveat: tariffs forced a downward revision to GAAP gross margin guidance, North America organic sales declined 2% with volume off 3%, and the SGPP restructuring program expanded to $350 to $550 million in cumulative charges.
What Investors Should Watch Next All three names share a profile that suits the current setup: low beta, broad-based organic growth, multi-decade dividend records, and consistent earnings beats. Coca-Cola offers the cleanest seasonal volume story, P&G the deepest dividend pedigree at the most reasonable forward multiple, and Colgate the highest model-implied upside. Watch June quarter prints from each and the trajectory of tariff costs for the household products names: that is where the next leg of guidance gets reset.
Empire Metals Ltd (AIM:EEE, OTCQX:EPMLF) says a just-released flowsheet for its Pitfield titanium project in Western Australia could reshape the economics of production. Built around conventional technology, it could cut acid use, energy costs and waste handling, with pilot testing planned this quarter. Watch more
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) is gearing up for its largest Zambia drilling campaign to date. The 4,000-metre programme targets the Mushima North silver-copper project as it works towards a maiden JORC resource by year-end. Watch more
Rome Resources Plc (AIM:RMR) has launched its first field programme as operator at its Canadian tin project in New Brunswick. More than 500 samples will be collected, while Bisie North assay results and a pilot mining project are progressing in the DRC. Watch more
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) reported encouraging drill results from Motapa. Intercepts included grades approaching 14 grams per tonne gold and some widths of up to 19 metres ahead of a maiden resource estimate due in the third quarter. Watch more
London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) is expanding its Nevada gold portfolio while keeping Bitcoin at the centre of its strategy. The company says low-cost gold projects could generate future capital to strengthen its Bitcoin treasury, with more updates expected over the summer. Watch more
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The average retired worker receives roughly $23,700 per year from Social Security. A $750,000 portfolio dedicated to income generation can surpass that figure at virtually any reasonable yield level. The question is not whether the portfolio can outproduce the average Social Security benefit. The question is how much risk must be taken to achieve that income and how reliable the income stream will remain over time.
The Math is Straightforward Multiply the portfolio value by the yield to estimate annual income. At a 3.5% yield, a $750,000 portfolio generates approximately $26,250 per year. At 6%, the income rises to $45,000. At 9%, it reaches $67,500. Each of those figures exceeds the average Social Security benefit, but the tradeoffs become increasingly important as yield rises.
Higher yields often come with greater risks to both income stability and principal preservation. A lower-yielding portfolio may produce less income today but offer stronger dividend growth and a greater margin of safety. A higher-yielding portfolio may generate substantially more cash flow in the short term, but it can also face a higher likelihood of dividend cuts or capital erosion. The real decision is not how to generate income from $750,000. It is deciding what balance of income, growth, and risk best supports the retirement you want to fund.
The Conservative Tier: 3% to 4% This is the dividend-growth lane. Names like Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction), Procter & Gamble (NYSE:PG), and Lowe’s yield closer to 2.3% to 3% on their own, but blended with broad dividend ETFs and a slug of Treasuries currently paying almost 5% at the 10-year, a 3.5% portfolio yield is realistic.
At 3.5%, $750,000 throws off about $26,250. That is roughly $2,190 a month, which already tops the average Social Security check. The real payoff sits underneath the headline yield. JNJ has raised its payout for 64 consecutive years and most recently lifted its quarterly dividend to $1.34. P&G has paid a dividend every year since 1890 and just notched its 70th consecutive annual increase. Lowe’s has compounded its payout for decades alongside a 219% ten-year share gain.
The Moderate Tier: 5% to 7% Step up to net-lease REITs, telecom, and high-yield equity funds and the same $750,000 can generate $37,500 to $52,500 a year. Realty Income (NYSE:O) currently yields about 5.4%, pays monthly, and has now delivered 670 consecutive monthly dividends. AT&T (NYSE:T) yields close to 4.9% on a $1.11 annualized payout, with management guiding to $18 billion or more of free cash flow in 2026.
The tradeoff is honest. AT&T cut its dividend from $0.52 to $0.2775 per quarter in 2022 and has held it flat since. Higher current yield, slower compounding.
The Aggressive Tier: 8% and Up Leveraged covered-call funds, mortgage REITs, BDCs, and certain MLPs can push the headline yield into the 8% to 12% range. At 9%, $750,000 generates $67,500, nearly triple the average Social Security benefit.
Energy Transfer sits at the friendlier end of this tier, yielding around 6.8% with a distribution that has climbed for nine straight quarters, most recently to $0.3375. ET also issues a K-1 rather than the standard 1099, which complicates tax filing. Move further up the yield curve and principal erosion becomes routine. At that point you are spending the asset itself.
The Detail Most Income Investors Underweight Social Security benefits receive annual cost-of-living adjustments tied to inflation, helping retirees maintain purchasing power over time. Many dividend-growth companies have historically increased their payouts at rates that exceed inflation. For example, Johnson & Johnson’s quarterly dividend rose from $1.01 in 2020 to $1.34 in 2026, while Procter & Gamble increased its annual dividend from $3.17 to $4.29 over the same period.
Over long periods, that difference can become significant. A portfolio generating roughly $2,200 per month today with dividend growth of 7% to 8% annually could potentially double its income within about a decade. By contrast, a portfolio built around a high yield with little or no distribution growth may provide more income initially but see its purchasing power gradually eroded by inflation. The most important number is not today’s yield. It is how much income the portfolio is likely to produce ten or twenty years from now.
What To Do With This Map your actual retirement spending against your projected Social Security check. The gap between those two numbers is what the portfolio needs to cover. Compare a 10-year total return on a 3.5% dividend growth fund against a 10% high-yield fund. Look at distributions plus NAV change together, because that is what your purchasing power actually depends on. If you are inside five years of retirement, model the after-tax income at each tier. Qualified dividends and long-term gains are taxed below ordinary income, and MLP K-1s carry their own bookkeeping. Social Security is the floor. A $750,000 portfolio, even at a sleep-at-night yield, can quietly become the larger paycheck.
AI infrastructure stocks have given investors a textbook entry window this month. The trio that anchors the spending cycle has all pulled back from spring highs, even as the underlying revenue trajectory keeps accelerating. NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), Broadcom (NASDAQ:AVGO) and Microsoft (NASDAQ:MSFT) are the picks-and-shovels triangle of the AI buildout: silicon, custom accelerators and networking, and the hyperscale cloud platform monetizing it. All three are trading meaningfully below their 52-week highs heading into mid-June.
NVIDIA (NVDA) NVIDIA closed at $200.42 on June 10, down 7% over the past week and 9% over the past month. That puts the stock 26% below its 52-week high of $236.26, even though the year-to-date return remains positive at 8%.
The bull case rests on a fundamental engine that is still compounding. Q1 FY2027 revenue hit $81.61 billion, up 85% year over year, with Data Center revenue alone at $75.25 billion (+92% YoY) and Data Center Networking up 199% YoY to $14.8 billion. Management guided Q2 to $91.0 billion in revenue at a 75% non-GAAP gross margin. CEO Jensen Huang framed the moment as “the largest infrastructure expansion in human history.” The board paired the growth story with capital return: a quarterly dividend bumped from $0.01 to $0.25 and an additional $80 billion buyback authorization. Forward P/E sits at 23 against an analyst consensus target of $298.42, with 95% bullish analyst sentiment.
Risk: Q2 guidance assumes no H20 Data Center compute revenue from China due to export restrictions, and a beta of 2.2 means the next macro shock cuts deeper here than in the broader market.
Broadcom (AVGO) Broadcom is the sharpest dip in the group. Shares finished at $372.10, down 22% in a single week and 5% on June 10 alone. The 52-week high is $495. The catalyst was a classic sell-the-news reaction to a strong report: Seeking Alpha noted that “Broadcom reported record Q2 results with significant revenue and AI semiconductor growth, but its stock dropped nearly 15% due to guidance failing to meet elevated investor expectations and a declining gross margin outlook.”
That reaction looks like an overcorrection against the actual numbers. Q2 FY2026 AI semiconductor revenue came in at $10.80 billion, up 143% year over year, beating the company’s own forecast. Total revenue grew 48% YoY to $22.19 billion, and free cash flow expanded 60% to $10.26 billion. CEO Hock Tan guided Q3 AI semiconductor revenue to $16.0 billion, more than 200% YoY growth. Layer in the $35 billion AI infrastructure platform launched with Apollo and Blackstone targeting 20+ gigawatts of compute by 2028, and the multi-year visibility argument strengthens. The analyst consensus target sits at $522.06, with 92% bullish sentiment.
Risk: Forward P/E of 34 is still a premium, and customer concentration in a handful of hyperscalers means any single capex slowdown lands hard. At least one sell-side desk has issued a Sell rating on valuation grounds.
Microsoft (MSFT) Microsoft is the deepest discount on a calendar basis. The stock closed at $397.36, down 17% year to date and 15% over the past year. It is trading well below the 52-week high of $551.05 and below both its 50-day ($409.27) and 200-day ($455.91) moving averages.
The thesis is simple: the AI monetization the market doubted in 2025 is now showing up in the financials. Q3 FY2026 revenue rose 18% to $82.89 billion, Intelligent Cloud grew 30% YoY to $34.68 billion, and Azure and other cloud services climbed 40% YoY. Satya Nadella confirmed that “Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.” Commercial RPO of $627 billion (+99% YoY) is a long-duration backlog few software peers can match. Forward P/E of 21 for a business compounding earnings at 23% YoY with a 46% operating margin is the cheapest multiple in the group. Analyst consensus is $560.95.
Risk: Capex of $30.88 billion in the quarter, up 84% YoY, is the source of the pullback. If AI returns lag the buildout pace, free cash flow conversion stays compressed, and the market keeps punishing the multiple. Investors should keep an eye on Azure growth and capex commentary on the next earnings report.
The Bottom Line All three names are below their 52-week highs while their AI revenue lines are still accelerating. NVIDIA offers the cleanest growth story, Broadcom the sharpest dip and Microsoft the most defensible multiple. The setup heading into the second half of 2026 favors investors willing to underwrite the spending cycle through the volatility.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
Xpeng brought Mashable reporter Amanda Yeo to China to experience the new VLA 2.0 autonomous driving model inside its P7 electric vehicle. 0:00 The Car the US Government Doesn't Want You to Buy 0:18 Meet XPENG: China's High-Tech Tesla Rival 0:39 How VLA 2.0 Autonomous Driving Works 1:43 Stress Testing Self-Driving in Hectic Traffic 2:21 The Challenge of "Corner Cases" in Autonomy 2:43 Hands-Free Self-Parking Demo 3:00 Heads-Up Display and Interior Tech 3:24 XPENG's Personal Flying Machines 4:22 Why Chinese EVs are Banned in the US Add CNET as a trusted news source https://www.google.com/preferences/source?q=cnet.com Never miss a deal again!
Franklin Resources (NYSE:BEN | BEN Price Prediction) offers long-term investors a compelling income profile because its 40-plus year streak of annual dividend increases, 4.15% yield, and quiet pivot into high-margin alternative assets give patient retirees a paycheck that compounds without requiring a single trade.
The case here rests on reliability. At $31.81 with a forward P/E of 11 and a price-to-book ratio of 1.363, Franklin Templeton is priced as if the active-management business is in terminal decline. The disclosures say otherwise.
Pillar One: Durability of the Franchise Franklin manages $1.68 trillion in client assets across public and private markets, with $283 billion in alternatives alone. While Wall Street fixates on mutual fund outflows, management has spent years rebuilding the firm around stickier, higher-fee products. Private market fundraising hit $13.2 billion in the quarter and $22.7 billion fiscal year-to-date, already running ahead of the firm’s $25 billion to $30 billion annual target. Canvas, the tax-managed platform, has compounded at a 72% CAGR since 2022. ETF AUM reached $61.6 billion, up 67% year over year. This is a diversified, global, fee-based machine.
Pillar Two: Income You Can Spend For a retirement-focused investor, the math is straightforward. The board declared a $0.33 quarterly dividend, lifted from $0.32 a year ago, continuing a pattern that has marched from $0.055 per share in 1999 to today’s level across 27 years of uninterrupted growth. CFO Matthew Nicholls put it bluntly on the earnings call: “Our dividend is always top of the list. We want to protect and increase the dividend each year.” The firm bought back 2.3 million shares for $57.1 million last quarter on top of the cash distribution, and management is guiding to 30%-plus operating margins in 2027.
Pillar Three: Cycle Survival Asset managers live and die by recurring fees, and Franklin’s revenue model spreads risk across asset classes, regions, and vehicles. Investment management fees grew 9% year over year to $1.82 billion, with positive long-term net flows in every region and a $20.2 billion institutional pipeline of won-but-unfunded mandates. Multi-asset strategies have posted 19 consecutive quarters of positive flows. When markets crash, AUM contracts and fee revenue with it. That is the one scenario where Franklin underperforms: a prolonged equity bear market that compresses the asset base before private market commitments backfill it.
The Scenario That Leaves the Thesis Intact Western Asset Management still leaks capital, with $4.1 billion of long-term net outflows last quarter, and a sharp drawdown would temporarily shrink the fee base. That hurts, but the franchise remains intact. Excluding Western Asset, the firm has now posted nine straight quarters of positive flows, and 71% of strategy composite AUM is beating its benchmark over ten years. The dividend has survived 2008, 2020, and the 2022 rate shock without interruption.
For an investor who has been burned chasing momentum, Franklin Resources offers the opposite proposition: a 23 P/E blue-chip asset manager paying 4.15% to wait, with a Dividend Aristocrat record the market is treating as if it does not matter. For income-oriented holders, the compounding case rests on letting the next four decades of dividends do the work.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Lucid Group To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Lucid Group between February 25, 2026 and April 13, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York--(Newsfile Corp. - June 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lucid Group, Inc. ("Lucid Group" or the "Company") (NASDAQ: LCID) and reminds investors of the July 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Lucid Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Lucid Group class action, go to www.faruqilaw.com/LCID or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Lucid Group, Inc. Securities Class Action Lawsuit:
What is the Lucid Group securities fraud lawsuit about?
The Lucid Group securities fraud lawsuit is a federal securities class action alleging that Lucid Group, Inc. (NASDAQ: LCID) and its executives made false and misleading statements to investors by concealing that a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity SUV and overstating the Company's manufacturing and delivery capabilities. As the truth emerged through a series of disclosures - including an April 3, 2026 announcement that only 3,093 vehicles were delivered in Q1 2026 due to a 29-day delivery disruption caused by a supplier seat defect, an April 14, 2026 filing revealing Q1 revenue of just $280-$284 million against a consensus estimate of $433.8 million and a $1.05 billion capital raise, and a May 5, 2026 earnings report showing a net loss of over $1 billion and GAAP EPS of -$3.46 - LCID's stock price fell sharply across multiple trading sessions, causing significant losses for investors.
Who may be eligible to participate in the Lucid Group class action lawsuit?
Investors who purchased or acquired Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Lucid Group securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Lucid Group employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the Lucid Group lawsuit?
A lead plaintiff in the Lucid Group class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Lucid Group investor who purchased LCID stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 28, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased Lucid Group stock during the Class Period?
Investors who purchased Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Lucid Group securities class action is July 28, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/LCID for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301320
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Prospect Capital Corporation continues to underperform, with NAV declining and a persistent negative investment activity trend. PSEC trades at a deep 61.82% discount to NAV and offers an 18.2% yield, but downside risks outweigh income potential. Net investment income and total investment income both declined year-over-year, while dividend payouts have been reduced again.
JetBlue Airways is already the biggest airline in Fort Lauderdale, Florida, and it wants to get even bigger.
"Lauderdale has been a star for us," JetBlue President Marty St. George said this month about Fort Lauderdale-Hollywood International Airport.
Capitalizing on growth at the Broward County airport is key for JetBlue as it revamps its network and rolls out more high-end options like a domestic first-class cabin to return to profitability. Its last profitable quarter was two years ago.
JetBlue was looking to expand in Fort Lauderdale even before Spirit Airlines, the South Florida-based discounter that was No. 1 at the airport, collapsed on May 2 under the weight of debt and years of snowballing problems.
JetBlue is now the top carrier with 36% market share by capacity at the airport, according to a Cirium tally of 2026 capacity, up from about 24% a year earlier. From May to June of this year, JetBlue added 5% more capacity, while big competitors pulled back in the Florida offseason, according to Cirium.
The carrier has about 106 flights scheduled a day for this year on average, up from about 68 a day last year, Cirium data shows.
Just hours after Spirit's collapse, JetBlue and other airlines laid out their own travel plans, adding flights to fill the void at Fort Lauderdale.
JetBlue raised its revenue forecast for the year on June 1, citing strong demand.
"I'm feeling very, very bullish about how customers have responded to JetBlue's growth," St. George said.
JetBlue says it's planning for even more growth as additional gates become available after Spirit's demise. Some of those gates are still tied up in bankruptcy court.
JetBlue's plan is to operate about 150 daily flights at Fort Lauderdale in the peak winter months, which include Presidents Day weekend and some school breaks, a schedule that will put it on par with JetBlue's Boston Logan International Airport hub, its largest after New York.
The plan includes more international destinations leaving from Fort Lauderdale and a focus on premium air travel.
St. George said the carrier has been reviewing sites for a lounge — which would be the third in its network — at Fort Lauderdale to cater to those customers. It already has lounges at New York's John F. Kennedy International Airport and in Boston.
"It is unclear right now where we would put a lounge," he said. "The airport folks, I think, are equally motivated to have a lounge down there. Certainly, given the size of our operation and the number of premium customers going in and out of Fort Lauderdale, I think [it makes] a lot of sense, we just have to find the right location."
The big competitive threat lies about 26 miles south, at Miami International Airport, an American Airlines hub that dwarfs Fort Lauderdale. Both airports, though Miami is much larger, are major hubs for leisure customers as well as those visiting friends and relatives in Latin America and the Caribbean.
"There's a good number of customers for [whom] Miami is the right airport, who will never leave Miami, and we're not planning on converting those customers," St. George said. "I do think that as we get more service in Fort Lauderdale as a bigger breadth of destinations, that utility of Lauderdale Airport will go up."
American on Friday said it plans to operate a record 100 destinations to the Caribbean, Mexico and other airports in Latin America from the U.S., with 77 of them leaving from Miami, including a new flight to Maracaibo, Venezuela, from July 14 and to Cap-Haitien, Haiti, starting Nov. 1.
JetBlue, for its part, announced Fort Lauderdale to Caracas service recently, as carriers build up flights. American in January announced it would resume resume service to Venezuela from the United States for the first time since 2019, weeks after the U.S. captured Venezuela's president.
In a latest announcement from CEO Vlad Tenev, financial services giant Robinhood Markets NASDAQ: HOOD continued to show a knack for entering new business lines.
According to Tenev, Robinhood Securities, a subsidiary of Robinhood, is now approved to serve as an IPO underwriter.
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Notably, Robinhood has already been a participant in the IPO market for years.
The platform has allowed retail investors to gain early access to IPOs—a privilege often reserved for institutional investors..
The announcement meaningfully changes Robinhood’s position in the IPO arena. However, in isolation, is this move a large growth opportunity for Robinhood, or is something more strategic at play?
Robinhood Could Gain a Bigger Seat at the IPO TableAs noted, Robinhood has not been absent from the IPO space whatsoever. In 2021, the company rolled out its IPO Access product. With this, retail investors had “the opportunity to buy shares of companies at their IPO price, before trading on public exchanges.”
This was a value-additive feature, especially given that stocks going public sometimes spike before trading on the exchange. Still, just because investors requested shares did not mean they would actually receive them.
During the IPO access phase, Robinhood was only a “selling group member." In essence, the firm received a small amount of the overall IPO allocation from dominant players like The Goldman Sachs Group NYSE: GS. It would then distribute those shares to Robinhood users. Now, the company could potentially be an underwriter in deals, standing on more level ground with investment bankers, rather than being clearly below them. This would give Robinhood a say in IPO pricing and allocation.
In turn, Robinhood could gain a larger allocation of shares to distribute to users. The company would also receive underwriting fees in addition to the concession-selling fees it earns under the selling group model.
As an approved underwriter, Robinhood could potentially get a seat at the “big boy” table where traditional investment banks rule.
Why Now: The Retail Market for IPOs Is GrowingNotably, just because Robinhood is legally allowed to be an underwriter doesn’t mean that issuers have to include it in deals. There has to be something in it for them.
Thus, what makes this move interesting now is that retail investors are becoming increasingly interested in IPOs. As Morgan Stanley notes, “Retail investors—already a significant force in daily equity market liquidity—are becoming increasingly important participants in IPOs… For issuers, retail demand can be a strategic component of deal construction and aftermarket performance.”
The critical line here for Robinhood is ‘retail demand can be a strategic component of deal construction.' In other words, because retail interest in IPOs is on the rise, issuers should potentially consider them more when thinking about how to allocate shares.
Morgan Stanley's statement somewhat echoes Tenev’s more bold statement: “Since IPO Access launched in 2021, we've watched retail go from an afterthought to a key part of how companies plan an IPO. The question changed from 'why allocate to retail at all?' to 'how big can the allocation be?'
With Robinhood being one of the most widely used retail investment platforms, this dynamic could make it more likely to gain underwriter status on deals. In turn, the company would be more likely to actually gain the benefits outlined.
IPO Underwriting Market Size: Fees Aren’t the PointWhile underwriting fees would mean real revenue for the company, it is important to gain perspective on how large an opportunity this could actually be for Robinhood. Notably, Goldman Sachs' equity underwriting revenue was $535 million last quarter, or $2.14 billion if annualized. Within this, IPO fees are only one portion of that total.
As a rough estimate, assume IPO fees represented half of the total, or $1.07 billion annualized. Growing to 20% of Goldman’s IPO business long-term would likely be a success, if not an aspirational goal, in Robinhood’s mind. Doing so would equate to around $214 million in annual revenue, or 4.6% of Robinhood’s last 12 months' revenue of $4.61 billion. Thus, the potential for Robinhood to drive growth through the IPO underwriting market is not particularly large, but not insignificant either.
However, the largest benefit of entering this space likely isn’t about generating IPO-specific revenue at all. With this move, Robinhood can continue to attract and retain retail investors to its platform. As IPO interest among this group rises, offering larger allocations of IPO shares would likely be a draw for many customers. The more customers it brings in through this offering, the more Robinhood can get those customers to use its other offerings.
Transaction revenue across equities, options, and crypto—where Robinhood makes the bulk of its revenue—could receive a meaningful uplift as users rise. Overall, Robinhood’s IPO underwriting push may not be a needle mover in and of itself. However, more importantly, it clearly reinforces the company’s core value proposition—being a one-stop shop for retail investors. By expanding its IPO offerings, Robinhood protects the strong position it has built in this industry.
Robinhood Markets, Inc. (HOOD) Price Chart for Sunday, June, 14, 2026
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Marvell Technology (MRVL +0.21%) stock managed to close out this week's trading solidly in the green, posting a gain of 6.6% over the period. Across the same stretch, the S&P 500 and the Nasdaq Composite both notched gains of approximately 0.7%.
Marvell stock started the week's trading off with strong gains thanks to news of its upcoming inclusion in the S&P 500 index. The company also announced its new chief financial officer (CFO), reiterated its forward guidance, and benefited from bullish analyst coverage and market momentum connected to expectations that the Iran war could be winding down. With this week's gains, the stock is now up 229% year to date.
Image source: Getty Images.
Marvell stock banks another solid bullish week Marvell stock rocketed higher in Monday's trading on the heels of news that the company is being added to the S&P 500 index. Inclusion in the index means that exchange traded funds (ETFs) that track the index will have to buy Marvell stock, which should create positive pricing pressure.
On June 11, Marvell announced that it had appointed Dan Durn as its new CFO. Durn had previously worked at Adobe. Along with the CFO news, the company reiterated its previously issued guidance for the current fiscal quarter.
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Positive analyst coverage and Iran war news On Friday, B. Riley published new coverage on Marvell -- reiterating a buy rating on the stock and raising its one-year price target from $240 per share to $345 per share. Craig Ellis, the firm's lead analyst on the stock, said he saw Marvell's deepening partnership with Nvidia, leadership changes, and inclusion in the S&P 500 index as bullish catalysts.
In addition to bullish analyst coverage, Marvell and many other artificial intelligence stocks saw strong valuation gains on Friday thanks to news that the U.S. and Iran were on the verge of agreeing to the terms of a basic peace deal. If the war draws to a close, it could be a significant positive catalyst for Marvell and other growth stocks.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe, Marvell Technology, and Nvidia. The Motley Fool recommends the following options: long January 2028 $330 calls on Adobe and short January 2028 $340 calls on Adobe. The Motley Fool has a disclosure policy.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In AeroVironment To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in AeroVironment between June 25, 2025 and March 10, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding AeroVironment's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the AeroVironment class action, go to www.faruqilaw.com/AVAV or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the AeroVironment Securities Class Action Lawsuit:
What is the AeroVironment securities fraud lawsuit about?
The AeroVironment securities fraud lawsuit is a federal securities class action alleging that AeroVironment, Inc. (NASDAQ: AVAV) and its executives made false and misleading statements to investors by concealing that the Company faced imminent competition for its SCAR program contracts and overstating its business and financial prospects. As the truth emerged through a series of disclosures - including a U.S. government stop work order on January 20, 2026, a Space Force announcement that it was reopening the SCAR program on March 2, 2026, and AeroVironment's disclosure of a $151.3 million goodwill impairment and contract termination on March 10, 2026 - AVAV's stock price dropped sharply, causing significant losses for investors.
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the AeroVironment securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former AeroVironment employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff in the AeroVironment class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any AeroVironment investor who purchased AVAV stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased AeroVironment stock during the Class Period?
Investors who purchased AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the AeroVironment securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/AVAV for more information.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased AeroVironment securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301311
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Calix To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Calix between January 28, 2026 and April 21, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Calix, Inc. ("Calix" or the "Company") (NYSE: CALX) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) that the Company's advanced supply of memory components was dwindling; (3) that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On April 21, 2026, Calix reported results for the first quarter of 2026 earnings, including that "Non-GAAP gross margin was 57.2%, down 80 basis points sequentially." Further, the Company reported "gross margin guidance for the second quarter of 2026 is between 54.25% and 57.25%" and "[f]or the year, we expect our non-GAAP gross margin to decline between 50 and 150 basis points."
In the accompanying earnings call, the Company's CFO stated "advanced purchasing had allowed us to avoid higher memory component costs during the first quarter. However, that advanced supply has run its course, and we now face market prices."
On this news, Calix's stock price fell $6.93, or 13.98% to close at $42.65 per share on April 22, 2026, on unusually heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Calix's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Calix class action, go to www.faruqilaw.com/CALX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Calix Securities Class Action Lawsuit:
What is the Calix securities fraud lawsuit about?
The Calix securities fraud lawsuit is a federal securities class action alleging that Calix, Inc. (NYSE: CALX) and its executives made false and misleading statements to investors by concealing that the Company's strong first quarter margins were artificially inflated by advanced purchasing of memory components, that its advanced supply of those components was dwindling, and that it would soon be forced to purchase memory components at rising market prices - creating significant negative margin pressure. As the truth emerged on April 21, 2026, when Calix reported Q1 2026 results and its CFO disclosed that "advanced supply has run its course" and the Company would "now face market prices," CALX's stock price fell $6.93 per share, or 13.98%, causing significant losses for investors.
Who may be eligible to participate in the Calix class action lawsuit?
Investors who purchased or acquired Calix (CALX) stock between January 28, 2026 and April 21, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Calix securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Calix employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the Calix lawsuit?
A lead plaintiff in the Calix class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Calix investor who purchased CALX stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased Calix stock during the Class Period?
Investors who purchased Calix (CALX) stock between January 28, 2026 and April 21, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Calix securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/CALX for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301315
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
SummaryArthur J. Gallagher & Co. leverages organic growth and aggressive M&A to drive industry-leading expansion in the fragmented insurance brokerage sector.Q1 2026 results reinforced the thesis: revenue surged 27.7% year-over-year, with 5% organic growth and strong EPS outperformance.AJG trades at a forward PE of 16.36 and a discount to a fair value estimate of $306, supporting a bullish total return outlook.Risks include a softening P&C market and integration challenges from recent acquisitions, but AJG's disciplined execution and low payout ratio underpin dividend growth.Looking for a portfolio of ideas like this one? Members of The Dividend Kings get exclusive access to our subscriber-only portfolios. Learn More »Sitewide Sale 2026: Get 20% Off J Studios/DigitalVision via Getty Images
Co-authored by Kody's Dividends
When it comes to insurance brokerages, there are many options available to you. Interestingly, many of these brokerages offer the exact same policies from the same companies. It comes down to personal preference or
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
Kody's Dividends, Justin Law, and Rachel Kaufman are part of the Dividend Kings team.
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.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Badger Meter To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Badger Meter between April 18, 2024 and April 16, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) and reminds investors of the August 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They likewise touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Badger Meter's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Badger Meter class action, go to www.faruqilaw.com/BMI or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Badger Meter Securities Class Action Lawsuit:
What is the Badger Meter securities fraud lawsuit about?
The Badger Meter securities fraud lawsuit is a federal securities class action alleging that Badger Meter, Inc. (NYSE: BMI) and its executives made false and misleading statements to investors by touting "strong" demand, a "robust" order pipeline, and a "long runway" for growth while concealing that the Company's financial results were not sustainable. As the truth emerged through a series of disclosures - including disappointing Q2 2025 results and a sequential sales decline forecast on July 22, 2025, missed revenue expectations and a 6% sequential decline in utility water sales on January 28, 2026, and Q1 2026 earnings that missed consensus estimates by $0.26 per share with revenue missing by $28.58 million on April 17, 2026 - BMI's stock price dropped sharply, causing significant losses for investors.
Who may be eligible to participate in the Badger Meter class action lawsuit?
Investors who purchased or acquired Badger Meter (BMI) stock between April 18, 2024 and April 16, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Badger Meter securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Badger Meter employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the Badger Meter lawsuit?
A lead plaintiff in the Badger Meter class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Badger Meter investor who purchased BMI stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 3, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased Badger Meter stock during the Class Period?
Investors who purchased Badger Meter (BMI) stock between April 18, 2024 and April 16, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Badger Meter securities class action is August 3, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/BMI for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301313
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of BXSL, BN 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.
V. Prem Et Al Watsa, 10% Owner, reported the purchase of 1,178,344 shares of Under Armour, Inc. (UA +0.86%) across three open-market transactions, as disclosed in the SEC Form 4 filing.
Transaction summaryMetricValueShares traded1,178,344Transaction value$5.9 millionPost-transaction shares (direct)0Post-transaction shares (indirect)44,179,216Post-transaction value (direct ownership)~$0Transaction value based on SEC Form 4 weighted average purchase price ($4.98).
Key questionsHow does this trade affect Watsa's total economic exposure to Under Armour?
The purchase marginally increased indirect exposure, which now stands at 44,179,216 shares for this class post-transaction.Were these shares acquired directly or through an entity?
All shares were acquired and are now held indirectly via Fairfax Financial Holdings Limited subsidiaries and related entities, with no direct holdings reported post-transaction.What proportion of Watsa's holdings did this transaction represent?
The purchase accounted for 2.74% of total indirect holdings before the transaction, indicating incremental position-building rather than a material repositioning.Is there any impact from other share classes on the interpretation of this activity?
Yes; Watsa retains significant holdings of Class A Common Shares that can be converted to Common Stock, so this transaction impacts only the Common Stock class and does not reflect a shift in overall ownership stance.Company overviewMetricValueMarket capitalization$2.5 billionRevenue (TTM)$4.98 billion1-year price change-9.4%Note: 1-year performance is calculated using June 12th, 2026 as the reference date.
Company snapshotOffers performance apparel, footwear, and accessories, with core product lines including compression, fitted, and loose-fit apparel, as well as running, training, and basketball footwear.Generates revenue through a mix of wholesale distribution, direct-to-consumer retail and e-commerce, and digital fitness platforms.Targets athletes and fitness-focused consumers globally, with a primary presence in the United States and expanding international markets.Under Armour, Inc. is a global provider of innovative sportswear and athletic footwear, leveraging proprietary brands and technologies to serve a broad consumer base. The company’s strategy centers on performance-driven products and a multi-channel distribution model to capture market share in the competitive athletic apparel sector. With a significant footprint in North America and growing international exposure, Under Armour seeks to differentiate itself through brand strength and product innovation.
What this transaction means for investorsPrem Watsa and Fairfax Financial are deep-value investors by reputation, and this purchase fits that profile: open-market buys near five-year lows, accumulated quietly across three sessions through Fairfax subsidiaries. The filing is a signal worth noting, but the more useful question for investors is what they're actually buying into. Under Armour has spent the better part of three years trying to prove it can rebuild margins and brand relevance without leaning on discounting. The turnaround thesis is real — the company has cut SKUs, pulled back from off-price channels, and brought in outside leadership — but execution has been uneven, and the stock's decline reflects that. Revenue has contracted as the company prioritized quality of sales over volume, which is the right long-term call but a painful one in the near term. The company is also leaning into AI for product design and operational efficiency, and recently announced a research collaboration applying its performance materials to humanoid robotics — though for an apparel brand, AI is a supporting tool, not a valuation driver. The case for Under Armour here is essentially a recovery bet: the brand still has recognition, the balance sheet isn't distressed, and the stock is priced for continued disappointment. If the margin recovery gains traction over the next few quarters, there's a credible re-rating story. If execution slips again, there's limited near-term support. Watsa's incremental add suggests he sees the downside as bounded — investors with a two-to-three year horizon and tolerance for volatility may agree. I have a hard time seeing Under Armor making a turnaround that’s worth waiting for.
For a broader look at how AI is reshaping retail and apparel, see our guide to AI in retail.
Seena Hassouna has no position in any of the stocks mentioned. The Motley Fool recommends Under Armour. The Motley Fool has a disclosure policy.
Redwire (RDW 11.53%) stock got hit hard this week, falling 17.8% across the stretch. Over the same period, the S&P 500 and the Nasdaq Composite each managed to gain 0.7% despite high levels of volatility.
Excluding SpaceX, the last week was generally a tough bearish stretch for space stocks. But even with a big valuation pullback in recent trading, Redwire's share price is still up 99% year to date.
Image source: Getty Images.
Macroeconomic and geopolitical news dragged Redwire lower On Wednesday, the Bureau of Labor Statistics published May's Consumer Price Index (CPI) data -- providing the market with the latest round of key inflation data. While CPI inflation of 4.2% was in line with expectations, it still marked the highest level of inflation in three years -- and the picture got worse from there.
President Donald Trump said that the U.S. was on track to carry out big strikes on Iran, potentially escalating the conflict that has driven energy prices higher and accelerated inflation. News emerged later in the week that the U.S. and Iran were actually potentially on the verge of agreeing on basic terms to end the war, but geopolitical dynamics were still a significant source of bearish volatility last week.
Today's Change
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-1.97
Current Price
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15.12
SpaceX's IPO also had a negative impact on Redwire stock SpaceX had its initial public offering (IPO) on Friday and rocketed higher out of the gate. The company's share price ended the day up 19.2%, pushing its market capitalization to roughly $2.1 trillion. While SpaceX had a successful IPO, the tech leader's public debut also had the effect of pulling investment dollars out of other stocks with exposure to the space industry -- and Redwire suffered a valuation contraction as a result.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Quantum Computing Inc. receives a speculative buy rating, targeting investors willing to accept high risk for asymmetric returns. QUBT's $850M cash position post-raise eliminates near-term funding risk, providing a 30-year runway at current burn rates. Revenue is accelerating but remains modest; the investment thesis hinges on scaling photonic quantum technology in a rapidly growing market.
Composizione della tesoreria di Eightco al 10 giugno 2026: 90 milioni di dollari di azioni OpenAI (indirette), 18 milioni di dollari di azioni Beast
Industries, 16.278 ETH, 283 milioni di WLD e 142 milioni di dollari in contanti e mezzi equivalenti,
per un totale di circa 406 milioni di dollari
OpenAI ha annunciato di aver presentato un S-1 riservato, preparandosi per un'
offertapubblica iniziale
World offre una soluzione al problema del "doppio umano" in un mondo in cui aumentano i deepfake
Eightco offre un'esposizione indiretta ad alcune delle società private più innovative, tra cui
OpenAI e Beast Industries
, /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) ("Eightco" o "la Società") ha fornito oggi un aggiornamento sulle proprie partecipazioni complessive, evidenziando la crescente presenza nel settore degli asset digitali e degli investimenti strategici in società tecnologiche private leader.
Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens
Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens
Al 10 giugno 2026, alle ore 16:30. ET, ORBS detiene partecipazioni che includono un investimento di 90 milioni di dollari (indirettamente, tramite società veicolo) in OpenAI, un investimento di 18 milioni di dollari in Beast Industries, un investimento di 1 milione di dollari in Mythical Games, 283.452.700 Worldcoin (WLD) a 0,45 dollari per WLD (secondo Coinbase), 16.278 Ethereum (ETH) e un totale di circa 142 milioni di dollari in contanti e stablecoin, per un valore complessivo delle partecipazioni pari a circa 406 milioni di dollari.
Le principali notizie sull'IA in testa all'informazione:
Il management di ORBS ritiene che il portafoglio di tesoreria della Società contenga alcuni degli elementi più cruciali per il futuro dell'intelligenza artificiale e del sistema finanziario digitale. Tra le partecipazioni, i punti salienti delle ultime settimane sono:
È stato di recente riportato che gli hacker potrebbero potenzialmente utilizzare l'IA per estrarre le impronte digitali dalle immagini pubblicate di persone che si fanno selfie con il segno della pace. Utilizzando software di fotoritocco e strumenti di IA, le creste digitali possono essere migliorate e rese visibili nelle immagini ad alta risoluzione (The New York Post). Con la proliferazione di strumenti di IA avanzati, i dispositivi Orb di Tools For Humanity diventano notevolmente più importanti per dimostrare l'umanità. L'8 giugno, OpenAI ha annunciato di aver presentato un documento S-1 riservato, preparandosi per un'offerta pubblica iniziale (OpenAI). "Una futura IPO di OpenAI consentirà agli investitori pubblici di detenere una partecipazione diretta in una delle aziende più importanti alla guidano della trasformazione dell'IA", ha dichiarato Thomas "Tom" Lee, membro del consiglio di amministrazione di Eightco. "ORBS, tramite le sue attuali partecipazioni indirette nel capitale azionario di OpenAI, consente agli investitori di esporsi a OpenAI prima di qualsiasi offerta pubblica".
Eightco: esposizione ai principali megatrend
Eightco si fonda su tre megatrend che, secondo le previsioni dell'Azienda, plasmeranno il prossimo decennio dell'innovazione: IA, identità digitale ed economia dei creator, con posizioni in ciascuno di essi attraverso investimenti indiretti in OpenAI (22% delle partecipazioni in portafoglio di ORBS), Worldcoin (32%) e Beast Industries (4%).
IA — OpenAI
Eightco ha investito circa 90 milioni di dollari in veicoli a scopo speciale con esposizione a partecipazioni azionarie nella società madre di OpenAI, pari a circa il 22% delle attività di tesoreria, una delle concentrazioni più elevate tra tutti i veicoli quotati.
ChatGPT, l'app consumer di OpenAI, è diventata l'app consumer di intelligenza artificiale numero uno al mondo (Sensor Tower) e nel febbraio 2026 ha superato i 900 milioni di utenti attivi settimanali, diventando così la tecnologia consumer con la crescita più rapida della storia (UBS via Reuters).
Identità digitale — Token WLD
Eightco detiene oltre 283 milioni di WLD, pari a circa l'8,4% della fornitura circolante, la maggiore posizione istituzionale resa pubblica a livello globale e che costituisce circa il 32% degli asset di tesoreria di Eightco.
Worldcoin è il token nativo di World, una rete globale Proof of Human creata da Tools for Humanity (cofondata da Sam Altman e Alex Blania) e gestita dalla World Foundation. I dispositivi Orb rilasciano un World ID che tutela la privacy e verifica che l'utente sia una persona fisica e non un agente AI.
In base al modello di business annunciato da World, le applicazioni pagano commissioni per ogni verifica, mentre la verifica degli utenti finali rimane gratuita, con sia gli emittenti di credenziali che il protocollo World che monetizzano l'autenticazione degli utenti verificati. World individua un'opportunità di fatturato potenziale complessiva pari a 6,35 trilioni di dollari in 13 settori, tra cui quello bancario, l'e-commerce, il gaming, i social media e l'IA agentica (secondo Tools for Humanity).
Economia dei creatori — Beast Industries
Eightco ha investito 18 milioni di dollari nel capitale azionario di Beast Industries, pari a circa il 4% delle attività di tesoreria.
Beast Industries vanta una delle più ampie reti di distribuzione diretta al consumatore al mondo, con oltre 500 milioni di follower complessivi su tutte le piattaforme, grazie soprattutto a MrBeast, la persona più seguita su YouTube a livello globale. Man mano che l'intelligenza artificiale trasforma in commodity la creazione di contenuti, la distribuzione e la fiducia del pubblico diventano risorse sempre più ridotte.
Informazioni su Eightco Holdings Inc.
Eightco Holdings Inc. (NASDAQ: ORBS) è una holding quotata in borsa, che sta implementando una strategia di tesoreria innovativa basata su Worldcoin (WLD), offrendo agli investitori un'esposizione indiretta a un singolo ticker a tre dei trend principali di questo ciclo: l'IA attraverso il suo investimento indiretto in OpenAI, l'identità digitale attraverso la posizione di maggiore detentore pubblico di WLD e del protocollo Proof-of-Human, e l'economia dei creator attraverso la partecipazione azionaria in Beast Industries di MrBeast. Grazie al supporto di investitori istituzionali leader, tra cui Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken, Pantera e GSR, Eightco sta creando l'infrastruttura per la verifica umana nell'era dell'IA agentica.
Per ulteriori informazioni:
X: @iamhuman_orbs
Sito Web: 8co.holdings
Domande frequenti
Che cos'è il titolo ORBS?
Eightco Holdings Inc. (NASDAQ: ORBS) è una società quotata in borsa al Nasdaq. ORBS offre un'esposizione indiretta a: OpenAI e Beast Industries.
Chi possiede più Worldcoin (WLD)?
Eightco Holdings (NASDAQ: ORBS) detiene 283 milioni di WLD, pari a circa l'8,4% dell'offerta circolante e alla maggiore posizione istituzionale resa pubblica a livello globale.
Cosa è Proof of Human?
Proof of Human è una verifica crittografica, secondo cui un utente è una persona fisica unica e vivente, non un bot o un agente AI. Si tratta di un'infrastruttura fondamentale per i social network, i sistemi bancari e qualsiasi sistema che richieda il principio "una persona, un account" nell'era dell'IA agentica.
In che modo Eightco (ORBS) si collega a Proof of Human?
Eightco Holdings (NASDAQ: ORBS) è il maggiore detentore istituzionale pubblicamente noto di Worldcoin (WLD), il token che alimenta la rete Proof of Human di World.
Chi è CEO di Eightco Holdings?
Kevin O'Donnell è CEO di Eightco Holdings (NASDAQ: ORBS). Nel consiglio di amministrazione della società vi sono Tom Lee (Managing Partner e Responsabile della ricerca presso Fundstrat e presidente di Bitmine Immersion Technologies (NYSE: BMNR)) e, in veste di consulente del consiglio di amministrazione, Brett Winton (Chief Futurist presso ARK Invest).
Dichiarazioni previsionali
Il presente comunicato stampa contiene dichiarazioni previsionali ai sensi del Private Securities Litigation Reform Act del 1995. Tutte le dichiarazioni presenti in questo comunicato stampa, tranne quelle relative a fatti storici, possono essere considerate di carattere previsionale, incluse, a titolo esemplificativo ma non esaustivo, le dichiarazioni riguardanti: le aspettative della Società secondo cui l'IA, l'identità digitale e l'economia dei creator daranno forma al prossimo decennio di innovazione; la convinzione della Società che il proprio portafoglio di tesoreria contenga alcuni dei componenti più critici per il futuro sistema finanziario digitale e basato sull'IA; le dichiarazioni relative all'importanza dei dispositivi Orb per dimostrare l'umanità alla luce della proliferazione di strumenti di IA avanzati; le aspettative riguardanti una potenziale offerta pubblica iniziale (IPO) di OpenAI e le aspettative che tale IPO permetterebbe agli investitori pubblici di detenere una partecipazione diretta in una delle maggiori società alla guida della trasformazione dell'IA; la dichiarazione di un membro del Consiglio di Amministrazione della Società secondo cui l'esposizione di ORBS a OpenAI consente agli investitori di esporsi a OpenAI prima di qualsiasi offerta pubblica; le dichiarazioni relative a ChatGPT come la tecnologia di consumo a più rapida crescita nella storia; la convinzione che la verifica Proof-of-Human stia diventando un'infrastruttura fondamentale per i social network, il settore bancario, il commercio agentico e i sistemi finanziari nell'era dell'IA agentica; dichiarazioni relative alle opportunità di fatturato globali pari a 6,35 trilioni di dollari in settori che spaziano dal settore bancario, all'e-commerce, ai videogiochi, ai social media e all'IA; e dichiarazioni relative all'importanza della distribuzione e della fiducia del pubblico, quando l'IA rende la produzione di contenuti una commodity. Parole come "prevede", "si aspetta", "sarà", "anticipa", "continua", "espande", "avanza", "sviluppa", "crede", "guida", "obiettivo", "potrebbe", "rimanere", "progettare", "prospettive", "intendere", "stimare", "potrebbe", "dovrebbe" e altre parole e termini di significato ed espressione simili sono intesi a identificare dichiarazioni previsionali, sebbene non tutte le dichiarazioni previsionali contengano tali termini. Le dichiarazioni previsionali si basano su convinzioni e ipotesi attuali del management, le quali sono soggette a rischi e incertezze e non costituiscono garanzie di risultati futuri. I risultati effettivi potrebbero differire in modo sostanziale da quelli contenuti in qualsiasi dichiarazione previsionale a causa di vari fattori, tra cui, a titolo esemplificativo ma non esaustivo: l'incapacità della Società di influenzare la gestione o le operazioni di società private in cui la Società non detiene una partecipazione di controllo, tra cui OpenAI e Beast Industries; il rischio di perdita o svalutazione degli investimenti strategici della Società, inclusa la sua posizione indiretta nel capitale di OpenAI (detenuta tramite veicoli a scopo speciale), la sua posizione in WLD e la sua posizione nel capitale di Beast Industries; la capacità della Società di mantenere la conformità ai requisiti di quotazione continua del Nasdaq; costi, oneri o spese imprevisti che riducono le risorse di capitale della Società o ritardano in altro modo l'impiego di capitale; l'incapacità di raccogliere capitale adeguato per finanziare o espandere le proprie operazioni aziendali o gli investimenti strategici; volatilità dei prezzi degli asset digitali, inclusi WLD ed ETH, che potrebbe influire in modo significativo sul valore delle partecipazioni di tesoreria della Società; cambiamenti normativi, legislazione futura e regolamentazione che incidono negativamente sugli asset digitali, sull'adozione dell'intelligenza artificiale o sulla raccolta di dati biometrici; rischi relativi allo sviluppo, all'adozione e all'accettazione da parte del mercato della tecnologia Proof-of-Human e della rete World; incertezza riguardo al ritmo e alla traiettoria dell'implementazione dell'IA agentica nelle applicazioni aziendali e di consumo; l'incertezza relativa alla roadmap dei prodotti di OpenAI e alle tempistiche o al lancio di una eventuale IPO; rischi relativi alla capacità di Beast Industries di raggiungere le proprie proiezioni di crescita; il cambiamento delle posizioni dell'opinione pubblica e dei governi sugli asset digitali o sui settori legati all'intelligenza artificiale. Alla luce di tali rischi e incertezze, si raccomanda ai lettori di non fare eccessivo affidamento su tali dichiarazioni previsionali. Per un'analisi di altri rischi e incertezze, nonché di altri fattori rilevanti, ognuno dei quali potrebbe far sì che i risultati effettivi di Eightco differiscano da quelli contenuti nelle dichiarazioni previsionali qui riportate, si rimanda ai documenti depositati da Eightco presso la Securities and Exchange Commission (la "SEC"), inclusi i fattori di rischio e altre informazioni contenute nella sua Relazione annuale sul modulo 10-K depositata presso la SEC il 15 aprile 2026 e nei successivi documenti depositati presso la SEC e disponibili al pubblico. Tutte le informazioni contenute nel presente comunicato stampa sono aggiornate alla data di pubblicazione e Eightco non si assume alcun obbligo di aggiornare tali informazioni o di annunciare pubblicamente i risultati di eventuali revisioni di tali dichiarazioni al fine di riflettere eventi o sviluppi futuri, salvo quanto richiesto dalla legge.
-Bitmine Immersion Technologies anuncia dividendos iniciales y cotización en la Bolsa de Nueva York para acciones preferentes de Serie A
El Consejo de Administración de Bitmine declara dividendos iniciales en efectivo para las acciones preferentes perpetuas Serie A de la compañía con un dividendo del 9,50%. Las acciones preferentes Serie A han sido aprobadas para su cotización en la Bolsa de Nueva York bajo el símbolo "BMNP" y se espera que comiencen a negociarse el martes 16 de junio de 2026. , /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" o la "Compañía") anunció hoy que su Consejo de Administración ha declarado los dividendos iniciales en efectivo sobre las acciones preferentes perpetuas Serie A de la Compañía al 9,50% (CUSIP: 09175D 200) (las "Acciones Preferentes Serie A").
El dividendo inicial, que representa dividendos regulares acumulados desde la fecha de emisión inicial del 10 de junio de 2026, será pagadero en efectivo de acuerdo con los términos del Certificado de Designaciones que rige las Acciones Preferentes Serie A. El dividendo inicial de 0,316667 dólares por acción se pagará el 22 de junio de 2026 a los tenedores registrados de las acciones preferentes Serie A al cierre de operaciones el 12 de junio de 2026.
La Compañía anunció además que la Junta Directiva también declaró el segundo dividendo en efectivo semanal de 0,105556 dólares por acción sobre las Acciones Preferentes Serie A, que se pagará el 26 de junio de 2026 a los tenedores registrados de las Acciones Preferentes Serie A al cierre de operaciones el 16 de junio de 2026.
La compañía también anunció que las acciones preferentes Serie A han sido aprobadas para su cotización en la Bolsa de Nueva York y comenzarán a negociarse el martes 16 de junio de 2026 bajo el símbolo bursátil "BMNP". Equiniti Trust Company, LLC actúa como agente de transferencia, registrador y agente pagador de las acciones preferentes Serie A.
Acerca de Bitmine
Bitmine (NYSE: BMNR) es una minera de Bitcoin con operaciones en Estados Unidos. La compañía está destinando su capital excedente a convertirse en la principal empresa de tesorería de Ethereum del mundo, implementando una estrategia innovadora de activos digitales para inversores institucionales y participantes del mercado público. Guiada por su filosofía de "la alquimia del 5%", la compañía está comprometida con ETH como su principal activo de reserva de tesorería, aprovechando actividades nativas a nivel de protocolo, incluyendo el staking y mecanismos de finanzas descentralizadas. En 2026, la compañía lanzó MAVAN (Made-in America VAlidator Network), una infraestructura de staking dedicada a los activos de Bitmine.
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Declaraciones prospectivas
Este comunicado de prensa contiene declaraciones que constituyen "declaraciones prospectivas" según lo estipulado en la Ley de Reforma de Litigios sobre Valores Privados de 1995. Las declaraciones en este comunicado de prensa que no son puramente históricas son declaraciones prospectivas que implican riesgos e incertidumbres. Estas declaraciones prospectivas pueden identificarse mediante términos como "espera", "proyecta", "proyectado", "pretende", "cree", "anticipa", "estima" y expresiones similares. Este documento contiene específicamente declaraciones prospectivas sobre los pagos de dividendos de la Compañía sobre las Acciones Preferentes Serie A, la cotización y el inicio de la negociación de las Acciones Preferentes Serie A en la Bolsa de Valores de Nueva York, y la estrategia de acumulación de activos digitales y las operaciones de staking de la Compañía. Al evaluar estas declaraciones prospectivas, debe considerar varios factores, entre ellos: la capacidad de Bitmine para financiar su negocio actual, las operaciones de tesorería de Ethereum y el negocio futuro propuesto; las condiciones del mercado que afectan el precio de las acciones comunes y las acciones preferentes Serie A de la Compañía; los desarrollos regulatorios que afectan a los activos digitales, incluida la promulgación e implementación final de la legislación pendiente y las iniciativas de la SEC; la volatilidad e imprevisibilidad de los precios de los activos digitales; el rendimiento, la confiabilidad y la seguridad de las operaciones de staking de la Compañía; y el valor futuro de Bitcoin y Ethereum. Los resultados y el rendimiento futuros reales pueden diferir materialmente de los expresados en las declaraciones prospectivas. Las declaraciones prospectivas están sujetas a numerosas condiciones, muchas de las cuales están fuera del control de Bitmine, incluidas las establecidas en la sección Factores de riesgo del Formulario 10-K de Bitmine presentado ante la SEC el 21 de noviembre de 2025, así como todos los demás documentos presentados ante la SEC, según se modifiquen o actualicen periódicamente. Las copias de los documentos presentados por Bitmine ante la SEC están disponibles en el sitio web de la SEC en www.sec.gov. Bitmine no asume ninguna obligación de actualizar estas declaraciones para reflejar revisiones o cambios posteriores a la fecha de este comunicado, salvo que así lo exija la ley.
Il Consiglio di Amministrazione di Bitmine approva il pagamento dei dividendi iniziali in contanti relativi alle azioni privilegiate perpetue di Serie A della Società al 9,50% Le azioni privilegiate di Serie A hanno ottenuto l'ammissione alla quotazione presso il New York Stock Exchange con il simbolo "BMNP", con inizio delle contrattazioni previsto per martedì 16 giugno 2026 , /PRNewswire/ -- Bitmine Immersion Technologies, Inc. ("Bitmine" o la "Società") ha annunciato oggi che il Consiglio di amministrazione ha approvato la distribuzione dei dividendi iniziali in contanti relativi alle azioni privilegiate perpetue di Serie A della Società (CUSIP: 09175D 200) (le "azioni privilegiate di Serie A") al 9,50%.
Il dividendo iniziale, che rappresenta i dividendi ordinari maturati dalla data di emissione iniziale del 10 giugno 2026, sarà corrisposto in contanti in conformità ai termini del Certificate of Designations che disciplina le azioni privilegiate di Serie A. Il dividendo iniziale, pari a 0,316667 dollari per azione, sarà corrisposto il 22 giugno 2026 agli azionisti registrati come titolari delle azioni privilegiate di Serie A alla chiusura delle contrattazioni del 12 giugno 2026.
La Società ha altresì annunciato che il Consiglio di amministrazione ha deliberato anche il secondo dividendo settimanale in contanti, pari a 0,105556 dollari per azione, sulle azioni privilegiate di Serie A, che sarà corrisposto il 26 giugno 2026 agli azionisti registrati come titolari delle azioni privilegiate di Serie A alla chiusura delle contrattazioni del 16 giugno 2026.
La Società ha inoltre annunciato che le azioni privilegiate di Serie A hanno ottenuto l'ammissione alla quotazione presso il New York Stock Exchange e che l'inizio delle contrattazioni avrà inizio martedì 16 giugno 2026 con il simbolo "BMNP". Equiniti Trust Company, LLC agisce in qualità di agente per i trasferimenti, responsabile del registro degli azionisti e agente incaricato del pagamento dei dividendi per le azioni privilegiate di Serie A.
Informazioni su Bitmine
Bitmine (NYSE: BMNR) è un miner di Bitcoin con attività negli Stati Uniti. L'azienda sta utilizzando il capitale in eccesso per diventare la principale società di tesoreria Ethereum al mondo, con una strategia innovativa di asset digitali per investitori istituzionali e partecipanti al mercato pubblico. Guidata dalla sua filosofia della "alchimia del 5%", la Società è impegnata a utilizzare ETH come principale asset di riserva di tesoreria, sfruttando attività native a livello di protocollo, tra cui lo staking e i meccanismi di finanza decentralizzata. Nel 2026, la Società ha lanciato MAVAN (Made-in America VAlidator Network), un'infrastruttura di staking dedicata per gli asset Bitmine.
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Dichiarazioni previsionali
Il presente comunicato stampa contiene dichiarazioni che costituiscono "dichiarazioni previsionali" ai sensi del Private Securities Litigation Reform Act del 1995. Le dichiarazioni contenute nel presente comunicato stampa che non sono puramente storiche sono dichiarazioni previsionali che comportano rischi e incertezze. Queste dichiarazioni previsionali possono essere identificate da termini quali "prevede", "progetta", "progettato", "intende", "crede", "anticipa", "stima" ed espressioni simili. In particolare, il presente documento contiene dichiarazioni previsionali riguardanti il pagamento dei dividendi sulle azioni privilegiate di Serie A della Società, la quotazione e l'avvio delle negoziazioni delle azioni privilegiate di Serie A sul New York Stock Exchange, nonché la strategia della Società di accumulo di asset digitali e le attività di staking. Nel valutare queste dichiarazioni previsionali, occorre considerare vari fattori, tra cui: la capacità di Bitmine di finanziare la propria attività attuale, le operazioni di tesoreria relative a Ethereum e le attività future proposte; le condizioni di mercato che influenzano il prezzo di negoziazione delle azioni ordinarie e delle azioni privilegiate di Serie A della Società; gli sviluppi normativi che riguardano gli asset digitali, tra cui l'eventuale approvazione e attuazione di leggi in sospeso e iniziative della SEC; la volatilità e l'imprevedibilità dei prezzi degli asset digitali; le performance, l'affidabilità e la sicurezza delle operazioni di staking della Società; e il valore futuro di Bitcoin ed Ethereum. I risultati futuri effettivi potrebbero differire notevolmente da quelli espressi nelle dichiarazioni previsionali. Le dichiarazioni previsionali sono soggette a numerose condizioni, molte delle quali esulano dal controllo di Bitmine, comprese quelle indicate nella sezione "Fattori di rischio" del modulo 10-K di Bitmine depositato presso la SEC il 21 novembre 2025, nonché in tutti gli altri documenti depositati presso la SEC, modificati o aggiornati di volta in volta. Le copie dei documenti depositati da Bitmine presso la SEC sono disponibili sul sito web della SEC all'indirizzo www.sec.gov. Bitmine non si assume alcun obbligo di aggiornare le presenti dichiarazioni in caso di revisioni o modifiche successive alla data di pubblicazione del presente comunicato, salvo nei casi previsti dalla legge.
De raad van bestuur van Bitmine stelt initiële contante dividenden op de 9,50% Series A Perpetual Preferred Stock van de onderneming vast Series A Preferred Stock is goedgekeurd voor notering aan de New York Stock Exchange onder het symbool "BMNP", waarbij de handel naar verwachting start op dinsdag 16 juni 2026 , /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" of de "onderneming") heeft vandaag aangekondigd dat de raad van bestuur de initiële contante dividenden op de 9,50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (de "Series A Preferred Stock") heeft vastgesteld.
Het initiële dividend, dat de gecumuleerde reguliere dividenden vertegenwoordigt vanaf de eerste uitgiftedatum van 10 juni 2026, zal in contanten worden uitgekeerd overeenkomstig de voorwaarden van het Certificate of Designations dat van toepassing is op de Series A Preferred Stock. Het initiële dividend van 0,316667 USD per aandeel zal op 22 juni 2026 worden uitgekeerd aan de ingeschreven aandeelhouders van de Series A Preferred Stock bij het sluiten van de markt op 12 juni 2026.
De onderneming kondigde verder aan dat de raad van bestuur ook het tweede wekelijkse contante dividend van 0,105556 USD per aandeel op de Series A Preferred Stock heeft vastgesteld, dat op 26 juni 2026 zal worden uitgekeerd aan de ingeschreven aandeelhouders van de Series A Preferred Stock bij het sluiten van de markt op 16 juni 2026.
De onderneming kondigde ook aan dat de Series A Preferred Stock is goedgekeurd voor notering op de New York Stock Exchange en dat de handel zal aanvangen op dinsdag 16 juni 2026 onder het tickersymbool "BMNP". Equiniti Trust Company, LLC fungeert als transferagent, registrar en betaalagent voor de Series A Preferred Stock.
Over Bitmine
Bitmine (NYSE: BMNR) is een Bitcoin-miner met activiteiten in de Verenigde Staten. De onderneming zet zijn overtollige kapitaal in om wereldwijd het toonaangevende Ethereum-treasurybedrijf te worden en implementeert daarbij een innovatieve strategie voor digitale activa voor institutionele beleggers en deelnemers aan de publieke kapitaalmarkten. Gedreven door zijn filosofie van "the alchemy of 5%" zet de onderneming vol in op ETH als zijn primaire treasury-reserveactief, waarbij het gebruikmaakt van activiteiten op protocolniveau, waaronder staking en DeFi-mechanismen. De onderneming heeft in 2026 MAVAN (Made-in America Validator Network) gelanceerd, een speciale stakinginfrastructuur voor Bitmine-activa.
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Toekomstgerichte verklaringen
Dit persbericht bevat verklaringen die kunnen worden aangemerkt als "toekomstgerichte verklaringen" in de zin van de Private Securities Litigation Reform Act van 1995. De verklaringen in dit persbericht die niet louter historisch van aard zijn, zijn toekomstgerichte verklaringen die risico's en onzekerheden met zich meebrengen. Deze toekomstgerichte verklaringen kunnen worden herkend aan termen zoals 'verwacht', 'voorziet', 'is voornemens', 'gelooft', 'anticipeert', 'schat' en vergelijkbare uitdrukkingen. Dit document bevat met name toekomstgerichte verklaringen met betrekking tot de dividendbetalingen van de onderneming op de Series A Preferred Stock, de notering en de aanvang van de handel in de Series A Preferred Stock op de New York Stock Exchange, en de strategie van de onderneming voor de accumulatie van digitale activa en stakingactiviteiten. Bij het evalueren van deze toekomstgerichte verklaringen dient u rekening te houden met verschillende factoren, waaronder: het vermogen van Bitmine om zijn huidige activiteiten, Ethereum-treasury-activiteiten en voorgestelde toekomstige activiteiten te financieren; marktomstandigheden die van invloed zijn op de handelsprijs van de gewone aandelen en de Series A Preferred Stock van de onderneming; ontwikkelingen in de regelgeving die van invloed zijn op digitale activa, met inbegrip van de uiteindelijke vaststelling en uitvoering van aanhangige wetgeving en SEC-initiatieven; de volatiliteit en onvoorspelbaarheid van de prijzen van digitale activa; de prestaties, betrouwbaarheid en veiligheid van de stakingactiviteiten van de onderneming; en de toekomstige waarde van Bitcoin en Ethereum. De daadwerkelijke toekomstige prestaties en resultaten kunnen wezenlijk afwijken van hetgeen wordt vermeld in toekomstgerichte verklaringen. Toekomstgerichte verklaringen zijn onderhevig aan talrijke factoren, waarvan vele buiten de macht van Bitmine liggen, waaronder die welke zijn uiteengezet in de sectie 'Risicofactoren' van Form 10-K van Bitmine dat op 21 november 2025 is ingediend bij de SEC, evenals alle andere SEC-indieningen, zoals van tijd tot tijd gewijzigd of bijgewerkt. Kopieën van SEC-indieningen van Bitmine zijn beschikbaar op de website van de SEC: www.sec.gov. Bitmine neemt geen verplichting op zich om deze verklaringen te actualiseren na de datum van dit persbericht, behalve voor zover wettelijk vereist.
Le conseil d'administration de Bitmine annonce le versement des premiers dividendes en espèces sur les actions privilégiées perpétuelles de série A à 9,50 % de la société L'admission à la cote de la Bourse de New York des actions privilégiées de série A a été approuvée sous le mnémo BMNP ; leur négociation devrait débuter le mardi 16 juin 2026 , /PRNewswire/ -- (NYSE : BMNR) Bitmine Immersion Technologies, Inc. (« Bitmine » ou la « société ») annonce aujourd'hui que son conseil d'administration a déclaré le premier dividende en espèces sur les actions privilégiées perpétuelles de série A à 9,50 % de la société (CUSIP : 09175D 200) (les « actions privilégiées de série A »).
Le dividende initial, qui correspond aux dividendes ordinaires cumulés depuis la date d'émission initiale du 10 juin 2026, sera payable en espèces conformément aux dispositions du certificat de désignation régissant les actions privilégiées de série A. Le premier dividende, d'un montant de 0,316667 $ par action, sera versé le 22 juin 2026 aux détenteurs des actions privilégiées de série A inscrits au registre des actionnaires à la clôture des marchés le 12 juin 2026.
La société a par ailleurs annoncé que le conseil d'administration avait également déclaré le deuxième dividende hebdomadaire en espèces de 0,105556 $ par action sur les actions privilégiées de série A, qui sera versé le 26 juin 2026 aux détenteurs inscrits des actions privilégiées de série A à la clôture des marchés le 16 juin 2026.
La société a également annoncé que l'admission à la cote de la Bourse de New York des actions privilégiées de série A avait été approuvée et que leur cotation débuterait le mardi 16 juin 2026 sous le mnémo « BMNP ». Equiniti Trust Company, LLC agit en tant qu'agent de transfert, agent de tenue de registre et agent payeur pour les actions privilégiées de série A.
À propos de Bitmine
Bitmine (NYSE : BMNR) est une société de minage de Bitcoin opérant aux États-Unis. L'entreprise déploie son capital excédentaire pour devenir la première société de trésorerie Ethereum au monde, mettant en œuvre une stratégie d'actifs numériques innovante pour les investisseurs institutionnels et les acteurs du marché public. Guidée par sa philosophie de « l'Alchimie des 5 % », l'entreprise s'est engagée à faire de l'ETH son principal actif de réserve de trésorerie, s'appuyant sur des activités natives au niveau du protocole, y compris le staking et des mécanismes de financement décentralisés. L'entreprise a lancé MAVAN (Made-in America VAlidator Network), une infrastructure de staking dédiée aux actifs de Bitmine, en 2026.
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Déclarations prospectives
Le présent communiqué de presse contient des déclarations qui constituent des déclarations prospectives au sens du Private Securities Litigation Reform Act de 1995. Les déclarations contenues dans le présent communiqué de presse qui ne sont pas purement historiques sont des déclarations prospectives qui impliquent des risques et des incertitudes. Ces déclarations prospectives peuvent être identifiées par des termes tels que « s'attendre à », « projeter », « avoir l'intention de », « croire », « anticiper », « estimer » et d'autres expressions similaires. Le présent document contient notamment des déclarations prospectives concernant le versement de dividendes par la société sur les actions privilégiées de série A, la cotation et le début des négociations de ces actions à la Bourse de New York, ainsi que la stratégie d'accumulation d'actifs numériques et les opérations de staking de la société. Pour évaluer ces déclarations prospectives, vous devez tenir compte de divers facteurs, notamment : la capacité de Bitmine à financer ses activités actuelles, ses opérations de trésorerie liées à l'Ethereum et ses projets d'activités futures ; les conditions de marché influant sur le cours des actions ordinaires et des actions privilégiées de série A de la société ; les évolutions réglementaires concernant les actifs numériques, y compris l'adoption et la mise en œuvre définitives des projets de loi en cours et des initiatives de la SEC ; la volatilité et l'imprévisibilité des prix des actifs numériques ; les performances, la fiabilité et la sécurité des opérations de staking de la société ; et la valeur future du Bitcoin et de l'Ethereum. Les performances et résultats réels futurs peuvent différer de manière significative de ceux exprimés dans les déclarations prospectives. Les déclarations prospectives sont soumises à de nombreuses conditions, dont beaucoup sont hors du contrôle de Bitmine, y compris celles énoncées dans la section « Risk Factors » du formulaire 10-K déposé par Bitmine auprès de la SEC le 21 novembre 2025, ainsi que dans tous les autres documents déposés auprès de la SEC, tels que modifiés ou mis à jour de temps à autre. Des copies des documents déposés par Bitmine auprès de la SEC sont disponibles sur son site web à l'adresse suivante : www.sec.gov. Bitmine ne s'engage pas à mettre à jour ces déclarations pour tenir compte des révisions ou changements intervenus après la date de ce communiqué, sauf si la loi l'exige.
Der Vorstand von Bitmine beschließt die erste Bardividendenausschüttung auf die 9,50 %-Vorzugsaktien der Serie A des Unternehmens Die Notierung der Vorzugsaktien der Serie A an der New York Stock Exchange unter dem Symbol „BMNP" wurde genehmigt; der Handelsbeginn ist für Dienstag, den 16. Juni 2026, vorgesehen , /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. („Bitmine" oder das „Unternehmen") gab heute bekannt, dass sein Vorstand die erste Bardividende auf die 9,50 %-igen unbefristeten Vorzugsaktien der Serie A des Unternehmens (CUSIP: 09175D 200) (die „-Vorzugsaktien der Serie A") beschlossen hat.
Die Erstdividende, die sich aus den seit dem Erstausgabedatum am 10. Juni 2026 angefallenen regulären Dividenden zusammensetzt, wird gemäß den Bestimmungen der Emissionsbedingungen für die Vorzugsaktien der Serie A in bar ausgezahlt. Die erste Dividende in Höhe von 0,316667 USD pro Aktie wird am 22. Juni 2026 an die zum Geschäftsschluss am 12. Juni 2026 eingetragenen Inhaber der Vorzugsaktien der Serie A ausgezahlt.
Das Unternehmen gab ferner bekannt, dass der Vorstand zudem die zweite wöchentliche Bardividende in Höhe von 0,105556 USD pro Aktie auf die Vorzugsaktien der Serie A beschlossen hat, die am 26. Juni 2026 an die zum Geschäftsschluss am 16. Juni 2026 eingetragenen Inhaber der Vorzugsaktien der Serie A ausgezahlt wird.
Das Unternehmen gab außerdem bekannt, dass die Notierung der Vorzugsaktien der Serie A an der New York Stock Exchange genehmigt wurde und der Handel am Dienstag, dem 16. Juni 2026, unter dem Tickersymbol „BMNP" beginnen wird. Die Equiniti Trust Company, LLC fungiert als Transferstelle, Registerführer und Zahlstelle für die Vorzugsaktien der Serie A.
Informationen zu Bitmine
Bitmine (NYSE: BMNR) ist ein Bitcoin-Miner mit Aktivitäten in den USA. Das Unternehmen setzt sein überschüssiges Kapital ein, um das weltweit führende Ethereum-Treasury-Unternehmen zu werden und eine innovative Strategie für digitale Vermögenswerte für institutionelle Investoren und öffentliche Marktteilnehmer umzusetzen. Geleitet von seiner Philosophie der „Alchemy of 5 %" setzt das Unternehmen auf ETH als primären Treasury-Reservewert und nutzt dabei native Aktivitäten auf Protokollebene, darunter Staking und dezentrale Finanzmechanismen. Das Unternehmen führte im Jahr 2026 MAVAN (Made-in America VAlidator Network) ein, eine spezielle Staking-Infrastruktur für Bitmine-Vermögenswerte.
Weitere Einzelheiten finden Sie auf X:
https://x.com/bitmnr
https://x.com/fundstrat
Zukunftsgerichtete Aussagen
Diese Pressemitteilung enthält Aussagen, die „zukunftsgerichtete Aussagen" im Sinne des Private Securities Litigation Reform Act von 1995 sind. Die Aussagen in dieser Pressemitteilung, die nicht rein historischer Natur sind, sind zukunftsgerichtete Aussagen, die Risiken und Unsicherheiten beinhalten. Diese zukunftsgerichteten Aussagen sind an Begriffen wie „erwartet", „prognostiziert", „prognostiziert", „beabsichtigt", „glaubt", „geht davon aus", „schätzt" und ähnlichen Formulierungen zu erkennen. Dieses Dokument enthält insbesondere zukunftsgerichtete Aussagen hinsichtlich der Dividendenzahlungen des Unternehmens auf die Vorzugsaktien der Serie A, der Notierung und der Aufnahme des Handels mit den Vorzugsaktien der Serie A an der New York Stock Exchange sowie der Strategie des Unternehmens zum Aufbau digitaler Vermögenswerte und seiner Staking-Aktivitäten. Bei der Bewertung dieser zukunftsgerichteten Aussagen sollten Sie verschiedene Faktoren berücksichtigen, darunter: die Fähigkeit von Bitmine, sein laufendes Geschäft, die Treasury-Aktivitäten im Zusammenhang mit Ethereum sowie geplante zukünftige Geschäftsvorhaben zu finanzieren; Marktbedingungen, die den Handelspreis der Stammaktien und der Vorzugsaktien der Serie A des Unternehmens beeinflussen; regulatorische Entwicklungen im Bereich digitaler Vermögenswerte, einschließlich der endgültigen Verabschiedung und Umsetzung anhängiger Gesetzgebungsvorhaben und Initiativen der SEC; die Volatilität und Unvorhersehbarkeit der Preise digitaler Vermögenswerte; die Leistung, Zuverlässigkeit und Sicherheit der Staking-Aktivitäten des Unternehmens; sowie der zukünftige Wert von Bitcoin und Ethereum. Die tatsächlichen künftigen Entwicklungen und Ergebnisse können wesentlich von den in zukunftsgerichteten Aussagen ausgedrückten Ergebnissen abweichen. Zukunftsgerichtete Aussagen unterliegen zahlreichen Bedingungen, von denen viele außerhalb der Kontrolle von Bitmine liegen, einschließlich derjenigen, die im Abschnitt „Risikofaktoren" des Formulars 10-K von Bitmine aufgeführt sind, das am 21. November 2025 bei der SEC eingereicht wurde, sowie allen anderen bei der SEC eingereichten Unterlagen, die von Zeit zu Zeit geändert oder aktualisiert werden. Kopien der von Bitmine bei der SEC eingereichten Unterlagen sind auf der Website der SEC, www.sec.gov, verfügbar. Bitmine übernimmt keine Verpflichtung, diese Aussagen bei Überarbeitungen oder Änderungen nach dem Datum dieser Mitteilung zu aktualisieren, es sei denn, dies ist gesetzlich vorgeschrieben.
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Josh Giegel worked at SpaceX from 2009 to 2012. He's now the CEO of Gambit. Josh Giegel This as-told-to essay is based on a conversation with Josh Giegel, the 41-year-old cofounder of the AI startup Gambit, who lives in Los Angeles. It's been edited for length and clarity.
I was in grad school at Stanford, finishing my master's and wanting to do a Ph.D.
I had worked at NASA the previous summer, and one of the women I worked with was also a Stanford graduate, and was like: "You're going to be so bored at NASA. Why don't you check out this small space company in Los Angeles called SpaceX?"
I applied and interviewed in the two weeks between flight three and flight four of Falcon 1. I interviewed with Elon; he was still interviewing pretty much everyone at the time. I remember going back to my advisor and saying, "There's nothing I'd rather do on the planet than what he just described."
My Master's ended at the end of 2008, and I began in 2009.
I was on what's called the propulsion analysis team, which was four or five people. Our responsibility was: How do you design the first reusable rocket engine? A very small group of us was responsible for the initial stuff that was on Falcon 9.
A SpaceX Falcon 9 rocket carrying a payload into space. Paul Hennesy/Anadolu via Getty Images I started there when I was 23, and I left when I was 27. It was a little bit of naive immaturity. I knew I wanted to start a company one day, and SpaceX was growing like crazy. I wanted to be on a founding team. I still love the company; I almost went back two or three years later before I ended up starting a company of my own.
The IPO is pretty cool. I'm on a bunch of text threads with guys who were there around the same time, and a couple of them are still there. It's cool to see just how big it became.
When I got there, and they gave the offer, there was an equity component. I remember the HR woman who was going over it with me saying, "We think some day, in 10 or 15 years, this might be worth $250,000-300,000." I distinctly remember her saying, "It might get you a nice down payment on a house in Los Angeles."
We all laugh about it now. But, at the time, the saying was: the fastest way to become a millionaire in space is to start as a billionaire.
Buybacks have been really regular for the last 10 years. Every now and then, we'd take a little bit out. For example, we paid off my wife's student loans a number of years ago. We put down a down payment on a house.
I joke: We did actually get a down payment on a house! She wasn't lying when she said that. It's a house that, on our normal salaries at startups, we wouldn't have been able to afford without that additional windfall.
We also love traveling. We've got a seven-year-old and a one-year-old. We're going to go on slightly more adventurous trips because of it.
My wife is also thinking of doing a larger career change that would come with a decent salary reduction, which she probably wouldn't have been able to do without something like SpaceX.
Professionally, I've always been risky. If the majority of your net worth is tied up in a rocket company, you must be a risk-tolerant individual.
Gambit is a VC-backed company. We've raised about $15 million to date, and there are a couple more investment rounds that are coming. The IPO puts you in a position where folks with a substantial amount of equity could be interested in becoming investors.
At least ten of the people I worked with intimately have started their own company. There was a band that I played in with five SpaceX people; four of us started our own companies. I played guitar.
That whole ecosystem can fund its own endeavors and each other. The quantum of capital that they can put in is not like your typical family and friends round. That's typically $20,000, $50,000, maybe $100,000. Here, that could be on the order of $1 million, maybe $2 million per check.
You also become a bit of a mercenary, asking, "I don't need a paycheck from what I'm going to go do, so what am I going to go do?" It's liberating.
The equity also allows me to take a lower salary at my startup, so that I can go out and hire more people to make my company more successful.
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as told to SpaceX Startups More Student Loans Real Estate Elon Musk
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
SummaryMeta Platforms remains under pressure due to investor skepticism over rising AI-driven capex and potential equity dilution.META’s AI investments are already driving accelerating ad revenue growth, with Q1 FY26 revenue up 33% YoY and both ad impressions and pricing rising.Custom silicon deployment and new revenue streams like Business Agent, Meta One, and AI glasses offer significant long-term revenue and margin potential for the company.Trading at a forward P/E of 17x and with a 45%+ upside to consensus price targets, META presents a highly attractive risk-reward and I reiterate my buy rating.Looking for a portfolio of ideas like this one? Members of The REIT Forum get exclusive access to our subscriber-only portfolios. Learn More »Sitewide Sale 2026: Get 20% Off J Studios/DigitalVision via Getty Images
Introduction & Investment Thesis Meta (META) continues to remain under pressure. It is currently the second-worst-performing hyperscaler on a YTD basis, as investors have not come to terms with the company’s capex plans.
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of META, AMZN, AMD 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.
This year is set to be the biggest year for initial public offerings (IPOs) in history. We've already seen a handful of big offerings so far, most notably Space Exploration Technologies, known as SpaceX, which came to market at a $1.77 trillion valuation. But that could be just the first of three mega-artificial intelligence (AI) companies making their market debuts this year.
One of those was OpenAI, which took the first steps toward its IPO, confidentially filing its registration statements with the Securities and Exchange Commission on June 8. But the company warned that the actual IPO date could sometime well in the future. "We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company," the company said in a blog post announcing the filing.
But investors looking to gain exposure to the leading AI lab don't have to wait for the IPO. There are several options to add it to your portfolio today.
Image source: Getty Images.
Invest in its largest outside shareholder When OpenAI transitioned from a nonprofit to a capped-profit company in 2019, Microsoft (MSFT +0.11%) became an early investor in the for-profit subsidiary with a $1 billion commitment. It also integrated OpenAI's services into Microsoft's cloud computing platform, Azure.
Microsoft has since added $12 billion more to its investment. After OpenAI underwent further corporate restructuring, Microsoft now holds a 27% stake in the business. Although an IPO will dilute that stake somewhat, it's poised to remain the largest outside shareholder.
At a market value of about $910 billion based on private market transactions, that means Microsoft's stake is currently worth about $245 billion. That's about 8.5% of the company's total market cap as of this writing.
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Microsoft will also benefit from a revenue share agreement through 2030. Microsoft receives 20% of OpenAI's revenue, up to $38 billion total. As part of the agreement, Microsoft no longer pays OpenAI for using its intellectual property. That provides further exposure to OpenAI's results over the medium term.
On top of that, OpenAI has committed to spending $250 billion on Azure services through 2032. That gives Microsoft the confidence to invest heavily in building out compute capacity to meet demand for Azure.
OpenAI is just a piece of Microsoft's total backlog of remaining performance obligations, which reached $627 billion last quarter. So the overall expected return on invested capital remains strong for the cloud computing business.
Although Microsoft offers much more than just exposure to OpenAI's economics, it's one of the best ways to invest in OpenAI's future success, along with one of its biggest partners.
Invest in a fund that holds the stock already Multiple closed-end funds hold OpenAI shares in their portfolios, but for investors who want as much exposure to OpenAI as possible, one of the best options is Robinhood's Robinhood Venture Fund I (RVI 3.03%).
The fund opened in March, focusing primarily on AI and fintech companies. The largest holding in its first quarterly disclosure was Databricks, with a net asset value of $82 million, or about 12.5% of the fund's total value. However, the investment manager added $75 million worth of OpenAI in April, putting it on a roughly equal footing with the Databricks investment.
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There are a few important considerations before investing in the Robinhood fund. First, it's common for closed-end funds to trade below their net asset value due to concerns about liquidation. That could result in increased volatility in the fund's share price, on top of the inherently volatile investments it holds.
The second consideration is the expense ratio. Investors will pay 3.13% of assets under management. Robinhood is offering a reduced management fee as an introductory rate through Aug. 27, bringing the total fee down to 2.13%.
Despite those concerns, the fund offers a concentrated way to gain exposure to OpenAI and several other high-profile private companies in the AI and fintech sector. It could be worth a small position for some investors.
La donación a Boys & Girls Clubs of America respaldará programas de fútbol, el desarrollo de la fuerza laboral y otras iniciativas dirigidas a la juventud del sur de California
, /PRNewswire-HISPANIC PR WIRE/ -- Mientras la Selección Nacional Masculina de EE. UU. inicia su camino en la Copa Mundial de la FIFA 26™ en Los Ángeles, The Home Depot celebra el momento con una donación de $250,000 para apoyar a Boys & Girls Clubs of America en toda la región metropolitana de Los Ángeles.
La inversión respaldará una variedad de iniciativas dirigidas a la juventud local, que incluyen programas de fútbol, oportunidades de desarrollo laboral y otros programas comunitarios de los clubes en todo el sur de California.
Como socio estratégico de U.S. Soccer y promotor del crecimiento continuo de este deporte en Estados Unidos, The Home Depot ayuda a generar mayor acceso y oportunidades para la próxima generación de jugadores, aficionados y comunidades vinculadas al juego.
"Con los ojos del mundo puestos en el debut de la Selección Nacional Masculina de EE. UU. en la Copa Mundial en Los Ángeles, nos enorgullece invertir en las comunidades que le dan tanto significado a este deporte", afirmó Allison Kolber, vicepresidenta de Marketing Integrado de The Home Depot. "Esta donación tiene como finalidad ayudar a que los jóvenes de la zona metropolitana de Los Ángeles accedan a oportunidades, generen vínculos y formen parte de la emoción que rodea a este momento histórico para el fútbol en Norteamérica".
La iniciativa refleja el firme compromiso de The Home Depot con el apoyo a las comunidades vinculadas al torneo y con la celebración del impacto positivo que el fútbol puede generar tanto dentro como fuera de la cancha.
"Nos enorgullece trabajar con excelentes socios como The Home Depot, quienes comparten nuestra convicción de que todos, en cualquier lugar, deben sentir que tienen un lugar en el fútbol. Mediante la expansión del juego, la ampliación del acceso y el aprovechamiento del fútbol como una fuerza impulsora del bienestar, podemos asegurar que el legado de este momento histórico llegue a las comunidades de toda la zona metropolitana de Los Ángeles e inspire a las próximas generaciones durante los años venideros", señaló Lex Chalat, directora ejecutiva de Soccer Forward Foundation, el brazo de impacto social de U.S. Soccer.
"A medida que crece la emoción en torno al deporte, esta inversión ayudará a que más jóvenes se beneficien de las actividades deportivas en sus comunidades", afirmó Chad Hartman, vicepresidente nacional de Alianzas Corporativas y Participación de Boys & Girls Clubs of America. "Nos enorgullece colaborar con The Home Depot para ampliar el acceso al fútbol, al tiempo que respaldamos la preparación laboral y las iniciativas de desarrollo juvenil que ayudan a los jóvenes a desarrollar confianza, adquirir habilidades para la vida y alcanzar su máximo potencial".
El contenido relacionado con la donación y la iniciativa comunitaria se difundirá en los canales propios y de redes sociales a lo largo de todo el torneo, y se planifican programas adicionales para este verano.
Acerca de The Home Depot
The Home Depot es la cadena minorista especializada en mejoras del hogar más grande del mundo. Al cierre del primer trimestre del año fiscal 2026, la empresa operaba un total de 2,361 tiendas minoristas y más de 1,280 establecimientos SRS en los 50 estados, el Distrito de Columbia, Puerto Rico, las Islas Vírgenes de EE. UU., Guam, 10 provincias canadienses y México. La empresa tiene contratados aproximadamente 470,000 empleados. Las acciones de The Home Depot se cotizan en la bolsa de valores de Nueva York (NYSE: HD) y se incluyen en el Promedio Industrial Dow Jones y el índice Standard & Poor's 500.
ACERCA DE BOYS & GIRLS CLUBS OF AMERICA
Durante más de 160 años, Boys & Girls Clubs of America (BGCA.org) ha brindado un lugar seguro para que niños y adolescentes aprendan y se desarrollen. Los Clubes ofrecen mentores adultos considerados, diversión y amistad, y programas de desarrollo juvenil de alto impacto a diario durante las horas críticas no lectivas. El programa de Boys & Girls Clubs promueve el éxito académico, el buen carácter, el liderazgo y el estilo de vida saludable. Más de 5,500 Clubes atienden a más de 4 millones de jóvenes mediante la afiliación a los Clubes y la ayuda a la comunidad. Los Clubes se encuentran en ciudades, pueblos, viviendas públicas y tierras indígenas de todo el país y atienden a familias de militares en centros juveniles afiliados a la BGCA en instalaciones militares estadounidenses de todo el mundo. La sede central nacional se encuentra en Atlanta. Más información acerca de Boys & Girls Clubs of America en Facebook y LinkedIn.
ACERCA DE U.S. SOCCER
Fundada en 1913, U.S. Soccer, una organización sin fines de lucro 501(c)(3), es el organismo rector oficial de este deporte en Estados Unidos. Nuestra visión es clara: existimos para servir al fútbol. Nuestra ambición consiste en encender una pasión nacional por el juego y realzar su poder para unir, inspirar y dignificar. Creemos que el fútbol es más que un deporte, es una fuerza impulsora del bienestar. Nos enfocamos en tres pilares: U.S. Soccer Everywhere (U.S. Soccer en todas partes), para hacer del fútbol el deporte número uno en práctica dentro de cada comunidad de Estados Unidos; U.S. Soccer is Yours (U.S. Soccer es de ustedes), para garantizar que todos sientan que el futuro del fútbol en EE. UU. les pertenece; y U.S. Soccer Success (Éxito de U.S. Soccer), para ganar torneos importantes, incluidas las Copas Mundiales. Juntos, nos corresponde a nosotros construir el futuro de este deporte. Para más información, visite ussoccer.com/ourvision.
ACERCA DE SOCCER FORWARD
La Soccer Forward Foundation es un motor clave en la visión integral de U.S. Soccer de que el fútbol es una fuerza impulsora del bienestar. Con la convicción de que el fútbol contribuye a tener comunidades más saludables, conectadas y equitativas, Soccer Forward respalda los esfuerzos de U.S. Soccer para ampliar el acceso a este deporte y ayuda a que el juego llegue a más personas y genere un cambio duradero. Soccer Forward se enfoca en habilitar y equipar a personas, lugares y programas para hacer que el deporte llegue a más comunidades en todo Estados Unidos, así como en aportar investigaciones, capacitaciones y pautas de vanguardia para demostrar la contribución del fútbol en los resultados de salud de las comunidades. Además, definirá estándares y ofrecerá apoyo comercial y técnico para desarrollar el ecosistema del fútbol femenino en todo Estados Unidos y a nivel mundial. Para más información, visite ussoccer.com/soccer-forward.
