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2026-07-16 11:22 28d ago
2026-07-16 10:00 29d ago
Why DEXE’s post-ATH sell-off could send its price below $30
DEXE DeXe
CoinGecko News
Original source text
After consolidating within a narrow range early in July, DeXe [DEXE] skyrocketed to a new all-time high of $49.40. The rally was driven by the successful rollout of the Dexelization AI integration upgrade, which triggered the move to ATH.

The upgrade embeds specialized AI agents into the protocol infrastructure, enabling AI and users to collaborate in operation and management. However, the market buzz around it faded after the altcoin reached ATH, resulting in a rejection. Since then, the altcoin has printed four red candles, closing at new lows each day.

At press time, DEXE traded around $34, down 9.85% on the daily charts. Over the same period, altcoin volume jumped 58% to $158 million, suggesting intense selling pressure.

DEXE whales are making moves Interestingly, after DEXE began to decline, whales re-entered the market. Spot Average Order Size data from CryptoQuant showed Big Whale Orders for three consecutive days. 

Source: CryptoQuant When this metric shows whale orders, it suggests increased market participation from the cohort either selling or buying.  Notably, the Spot Taker CVD highlighted that these whales have been actively cashing out. 

The Spot Taker CVD metric has remained red for five consecutive days, indicating that more sell orders have recently been executed on the spot. 

Source: CryptoQuant Therefore, it’s most likely that these whales have mostly been closing their positions. Furthermore, the exchange flow also echoed this selling trend. According to CoinGlass data, DEXE’s netflow has remained positive over the past week. 

For example, over the last three days, $33.1 million in DEXE has entered exchanges, while $26.27 million has left. 

Source: Coinglass As a result, the Spot Netflow climbed to $6.8 million, a trend that has continued as of this writing. A sustained period of positive net flow suggests that sellers are more incentivized to exit the market. 

Often, such market conditions have preceded extended market weakness, leading to more losses on price charts.

Is DEXE at risk of more losses? DEXE is currently experiencing strong downward pressure, largely driven by whale bearishness. As a result, downside market momentum strengthened significantly.

At press time, the Stochastic Momentum Index (SMI) crashed into oversold territory, falling from 77 to 27. At such low levels, the SMI indicated the downside momentum is especially strong.

Source: TradingView At the same time, the Relative Strength Index (RSI) formed a bearish crossover, falling from 70 to 58 at press time. This showed that although buyers remain active, sellers managed to retake the market.

Typically, such market conditions have preceded a price drop. Thus, if investors, especially whales, continue to offload, DEXE could drop below $30. However, if the market manages to hold between $37 and $40, this bearish outlook will be invalidated.

Final Summary DeXe extended its bearish structure, dropping 9.85% to a low of $32 before slightly rebounding.  The DEXE market showed weakness, largely driven by bearish whales who have been aggressively selling. 
2026-07-16 11:22 28d ago
2026-07-16 10:41 28d ago
Crypto Market Sheds $40B as Bitcoin Price Pulls Back
BCH Bitcoin Cash BTC Bitcoin DEXE DeXe ETH Ethereum ONDO Ondo
CoinGecko News
Original source text
TLDR Bitcoin retreated to $64,000 after reaching a three-week high near $65,600. Ethereum fell below $1,900 after briefly approaching a six-week peak of $1,950. Lower-than-expected US inflation data initially supported gains across the crypto market. Bitcoin maintained a 56.7% market dominance despite its latest price decline. Ondo gained 17%, while Bitcoin Cash and DeXe led losses among larger cryptocurrencies. Total cryptocurrency market capitalization dropped by $40 billion to approximately $2.27 trillion. Bitcoin price returned to $64,000 after briefly reaching a three-week high near $65,600. Ethereum also reversed from a six-week peak near $1,950 and slipped below $1,900. Meanwhile, the broader crypto market lost about $40 billion from its latest daily peak.

Bitcoin Reverses After CPI-Fueled Advance Bitcoin price had traded near $64,000 during a relatively calm and positive weekend. However, renewed tension between the United States and Iran pressured markets when trading resumed. Bitcoin then fell below $62,000 by Tuesday morning as traders assessed the weekend strikes.

Bitcoin price recovered sharply after June inflation figures came below market expectations. It reclaimed $64,000 and later crossed $65,000 as buying activity strengthened across major exchanges. The advance then peaked near $65,600, marking Bitcoin’s highest level in roughly three weeks.

Sellers regained control after the peak, and the Bitcoin price dropped by about $1,500. The asset returned to approximately $64,000, erasing much of the inflation-driven increase. Its market value also declined to about $1.285 trillion, according to CoinGecko data.

Ethereum Retreats From Six-Week High Ethereum outperformed several large-cap assets as it climbed toward $1,950 during the broader rebound. The move placed ETH at its highest level since early June. However, selling pressure later pushed the token below the $1,900 mark.

Bitcoin price remained comparatively stable while Ethereum recorded the stronger short-term move. BNB edged closer to $580, but XRP slipped slightly while contesting the $1.10 level. These mixed results showed limited follow-through among several leading alternative cryptocurrencies.

Solana, Tron, Hyperliquid, Rain, Zcash, Canton, Litecoin, and Cardano all posted daily losses. Bitcoin Cash and DeXe recorded sharper declines among larger assets. In contrast, Ondo gained about 17% as the Bitcoin price stabilized near $64,000.

Crypto Market Value Declines The total cryptocurrency market value fell by roughly $40 billion from its daily peak. It later stood near $2.270 trillion as selling spread across several major tokens. The Bitcoin price decline contributed to the broader pullback after the earlier market advance.

Bitcoin maintained a 56.7% share of the total cryptocurrency market despite the decline. Therefore, its dominance stayed unchanged even as several alternative assets recorded deeper losses. The Bitcoin price remained above levels seen during Tuesday’s early decline below $62,000.

The market ended the period with Bitcoin near $64,000 and Ethereum below $1,900. The Bitcoin price held part of its CPI-driven recovery but remained below Wednesday’s three-week peak. Overall market value also stayed lower as the Bitcoin price rally lost momentum.
2026-07-16 11:19 28d ago
2026-07-16 05:35 29d ago
Warren Buffett's Hand-Picked Successor, Greg Abel, Has 30% of Berkshire Hathaway's Portfolio Invested in Apple and Alphabet. But There's an Under-the-Radar Berkshire Stock That Is My Top Pick for July.
KR Kroger Company
FMP Stock News
Original source text
Greg Abel has a tough act to follow in replacing investing legend Warren Buffett as CEO of Berkshire Hathaway. But Abel has already shown, in just a few months on the job, that he is not afraid to make changes.

One of his biggest is boosting Berkshire's position in Alphabet, which now makes up about 9% of the portfolio and is a top-five holding. The combination of Apple and Alphabet accounts for almost 30% of the Berkshire Hathaway portfolio.

But right now, an old Buffett play, Kroger (KR 3.71%), might be one of the better Berkshire Hathaway stocks to own. Here's why.

Image source: The Motley Fool.

Why Kroger is a sneaky good buy Kroger, the nation's largest grocery store chain, has been in the Berkshire Hathaway portfolio since 2019. Last quarter, it made up about 1.4% of the portfolio, with no shares bought or sold by Abel.

Kroger is a classic defensive play. Groceries are needed whether the economy is good, bad, or somewhere in between. So, as the largest grocery store chain, it is built to outperform during an extended market dip. In the 2022 bear market, Kroger stocks held up well, down about 1% in a year when the S&P 500 (^GSPC +0.38%) was off 19% and the Nasdaq Composite (^IXIC +0.62%) sank 33%.

This year has been a microcosm of Kroger's defensive attributes. In the first quarter, when the Nasdaq entered a correction and the S&P 500 was down, Kroger stock rose by some 21% to more than $75 per share in March.

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Then, as the market stormed back in April and May, Kroger shares sank back down to their current $58 per share, down around 5% year to date. It hit a 52-week low of $55 per share at the end of June. It is currently trading at about 34 times earnings but just 11 times forward earnings. Its five-year PEG ratio is even lower at 0.57, well below 1, which means it is undervalued.

Trading near a 52-week low It's hard to say when the market will undergo another correction, but valuations have surged back up, and economic indicators remain somewhat weak. Investors should be cautious and focused on building a carefully balanced and diversified portfolio.

That's where Kroger comes in. This is a great time to add a strong defensive stock to your portfolio at a 52-week low to have that downside protection during the next dip.

Wall Street is bullish on Kroger, with analysts setting a median price target of $72.50 per share. That would represent about 24% upside over the next 12 months.

In addition, Kroger has an excellent dividend, yielding 2.63% with a low payout ratio of 21%. That suggests the company has more room to increase that dividend. Kroger has consistently raised its dividend over the years, with 19 straight years of annual dividend increases.

Kroger may not be glitzy like a "Magnificent Seven" stock or a highflier, but right now is a particularly good time to buy this strong defensive stock.
2026-07-16 11:14 28d ago
2026-07-16 05:50 29d ago
Lucid Group (LCID) Moves 28.8% Higher: Will This Strength Last?
LCID Lucid Group
FMP Stock News
Original source text
Lucid Group (LCID) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
2026-07-16 11:14 28d ago
2026-07-16 06:06 29d ago
Lucid Stock, Down About 44% This Year, Skyrockets Over 28% After CEO Goes on the Offensive Against Bankruptcy Report: 'So Far From the Facts
LCID Lucid Group
FMP Stock News
Original source text
Reports of Bankruptcy are Far From the Facts, Silvio Napoli SaysNapoli said that the automaker was “not considering bankruptcy or a transaction to take the company private,” and said that the reports were “false.” He said that the Board has also not explored any such scenarios.

“As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year,” Napoli said. He added that the outside advisors had not advised the company to file for bankruptcy and that reports of any such advice were also untrue.

“My priority is clear: turn this company around. That is where the leadership team and I are focused,” Napoli said, adding that the company will be “providing a full update” during its upcoming earnings call.

Source: Silvio Napoli via LinkedIn

Lucid stock has been volatile since the beginning of the year. Year-to-date (YTD), Lucid stock has fallen nearly 44% to just under $6 per share.

However, following the CEO, as well as the company’s pushback against the reports, LCID rebounded over 28% and currently trades for $5.95 per share during pre-market trading on Thursday.

For the second quarter of 2026, the automaker produced 4,774 vehicles and delivered 3,953 units, amid a series of changes in its leadership.

According to Benzinga Edge Rankings, Lucid provides a favorable price trend in the Short term.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Ian Dewar Photography / Shutterstock.com

Market News and Data brought to you by Benzinga APIs

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

To add Benzinga News as your preferred source on Google, click here.
2026-07-16 11:14 28d ago
2026-07-16 06:17 29d ago
GTM Fraud Notice: ZoomInfo Investors are Reminded to Contact BFA Law about the Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses
ZI ZoomInfo Technologies
FMP Stock News
Original source text
A securities fraud class action lawsuit has been filed on behalf of ZoomInfo investors after its stock plummeted nearly 33% because ZoomInfo allegedly misled investors regarding its customer retention.

NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ:GTM) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

A securities fraud class action lawsuit has been filed on behalf of ZoomInfo investors after its stock plummeted nearly 33% because ZoomInfo allegedly misled investors regarding its customer retention.

ShareIf you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.

Key Details of the ZoomInfo ($GTM) Class Action:

Lead Plaintiff Deadline: August 24, 2026Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo’s AI-integrated products on customer retentionStock Drop: May 12, 2026 – 33% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rightsInvestors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.

Why is ZoomInfo Being Sued for Securities Fraud?

ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo’s stock price caused significant losses to investors.

ZoomInfo provides go-to-market (“GTM”) intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals.

Throughout the relevant period, ZoomInfo allegedly stated that “the demand for AI for GTM is evident up and down our customer stack.” According to ZoomInfo, its “innovative go-to-market AI” was “driving stronger daily engagement from a diverse set of go-to-market personas.”

On February 9, 2026, ZoomInfo issued its 2026 revenue guidance “in the range of $1.247 billion to $1.267 billion,” because “in 2026, our focus is on bringing” ZoomInfo’s “all-in-one AI platform for go-to-market teams . . . to our customers at scale.”

In truth, as alleged, ZoomInfo’s customer retention declined as customers were rejecting ZoomInfo’s AI products.

Why did ZoomInfo’s Stock Drop?

On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth “regressed” due to “AI and agentic confusion” leading to “a pause in [customers’] purchasing decisions[.]”

This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026.

Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.

What Can You Do?

If you invested in ZoomInfo, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-07-16 11:10 28d ago
2026-07-16 06:30 29d ago
The Strait of Hormuz Closure Sent Gas Prices Up. EV Stocks Quietly Benefited.
RIVN Rivian Automotive
FMP Stock News
Original source text
The Strait of Hormuz, which handles roughly a quarter of the world's maritime oil trade, has been closed since Feb. 28. That closure drove up crude oil prices and lifted many oil stocks, but squeezed shares of companies that relied on lower fuel costs.

However, several electric vehicle (EV) stocks have risen since the Strait's closure. Let's see why that happened, and which EV stocks will benefit the most from higher oil prices.

Image source: Getty Images.

Which EV stocks have performed well since Feb. 28? Higher oil prices can make it more expensive to produce and transport EVs, but they also make them more appealing to consumers who want to escape oil's cyclical swings. That's why the global EV market could grow at a 10% CAGR from 2026 to 2034, according to Fortune Business Insights, and why several top EV stocks are still promising long-term investments.

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One of those top performers was Rivian (RIVN +1.71%), which has risen 16% since Feb. 28. That rally was fueled by the launch of its R2 SUV, which costs significantly less than its R1T pickup and R1S SUV. The R2 also costs less to manufacture than its predecessors, so its increased sales should actually boost its gross margin rather than compress it.

Rivian expects the R2's launch to boost its annual deliveries from 42,247 vehicles in 2025 to 62,000-67,000 vehicles in 2026. Analysts expect its revenue to triple from 2025 to 2028 as it narrows its net losses. That's an impressive outlook for a stock that trades at less than four times this year's sales. Therefore, it could be revalued as a growth play over the next few years.

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Another resilient EV stock was Nio (NIO +0.80%). The Chinese EV maker's stock has risen about 4% since Feb. 28, and it still looks like a screaming bargain at less than one times this year's sales. Nio stands out in the EV market because its vehicles use swappable batteries that can be quickly swapped out, offering a faster alternative to charging at its own battery-swapping stations. It also sells cheaper SUVs and compact cars via its ONVO and Firefly sub-brands.

From 2025 to 2028, analysts expect Nio's revenue to roughly double. They also expect it to finally turn profitable in 2027 as it divests its lower-margin businesses, grows Nio's share of the higher-margin premium sedan market, and scales its cheaper ONVO and Firefly sub-brands.

Should you buy either of these EV stocks today? Rivian and Nio are still speculative stocks, but both look undervalued and well-positioned to profit from the EV market's long-term expansion. They're well-insulated from higher oil prices, and they'll keep growing as more consumers ditch their gas-powered vehicles.
2026-07-16 11:09 28d ago
2026-07-16 05:05 29d ago
3 Reasons Chipotle Stock Could Double in 5 Years
CMG Chipotle Mexican Grill
FMP Stock News
Original source text
Chipotle Mexican Grill (CMG 4.94%) used to be a fantastic investment. Its shares jumped 368% during the five-year stretch leading up to their peak in June 2024. They have now come down 47% from that all-time record (as of July 14), as the current macro environment pressures consumer spending behavior.

It's time for investors to be patient and opportunistic, though. This consumer discretionary stock could double in five years. Store growth, strong profits, and a historically cheap valuation are the key variables investors must watch.

Image source: The Motley Fool.

Management is focused on expansion Chipotle continues to drive physical expansion. Recently, this has occurred with third-party development partnerships in newer geographies. There's potential for hundreds of locations in the Middle East in the long run. Chipotle is opening its first store in Mexico this week. It's also eyeing the Asian market, specifically South Korea and Singapore.

The business ended the first quarter with 4,090 company-operated restaurants, showcasing the significant scale it has built over the years. That figure is projected to grow by about 350 this year.

On the first-quarter earnings call, CEO Scott Boatwright reiterated Chipotle's belief that North America can support 7,000 stores in the long run. As Chipotle's footprint keeps growing, the company is in a position to generate much higher revenue in the future.

Profitability can improve over time During Q1, Chipotle posted an operating margin of 12.9%, which came down from the 16.7% registered in the year-ago period. Inflationary pressure for beef and freight was handled with menu price increases that were lower than those implemented in prior years. It also hasn't helped that same-store sales were up just 0.5%.

The leadership team is also investing with an eye toward capturing greater efficiencies. This includes a new digital makeline display and using artificial intelligence to support employees.

On a restaurant-level basis, Chipotle's Q1 operating margin of 23.3% was still superb, even though the company is dealing with a difficult macro environment. Assuming the backdrop eventually stabilizes and returns to what we saw prior to 2025, a higher revenue base, coupled with operational improvements, can result in stronger earnings power over time.

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The current opportunity is attractive The valuation is the third reason this stock can double in five years. Shares currently trade at a historically cheap multiple. The recent price-to-earnings ratio of 33.7 is near a five-year low, and it has become 32% cheaper just in the past 12 months, presenting a compelling entry point.

Investor patience will be put to the test. But Chipotle does have what it takes to double by July 2031.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends the following options: short September 2026 $35 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy.
2026-07-16 11:07 28d ago
2026-07-16 09:27 29d ago
Stock Market Today: S&P 500, Nasdaq 100 Futures Fall As Trump Says Iran Wants To Negotiate—AtaiBeckley, J B Hunt, AST SpaceMobile in Focus
HUNT Hunt
CoinGecko News
Original source text
U.S. stock futures declined on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices fell, following Wednesday’s higher close.

President Donald Trump said Iran wants to negotiate even as U.S. forces launched a second wave of strikes against Iranian military targets.

Meanwhile, the U.S. Treasury announced new sanctions targeting an international network accused of procuring weapons for Iran’s Islamic Revolutionary Guard Corps following attacks on commercial vessels in the Strait of Hormuz.

Meanwhile, the 10-year Treasury bond yielded 4.57%, and the two-year bond was at 4.15%. The CME Group’s FedWatch tool’s projections show markets pricing an 89.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.

IndexPerformance (+/-)Dow Jones-0.01%S&P 500-0.08%Nasdaq 100-0.36%Russell 2000-0.28%Stocks In FocusJB Hunt Transport Services Benzinga’s Edge Stock Rankings indicate that JBHT maintains a strong price trend in the short, long, and medium terms, with a moderate quality score. Agape ATP Agape ATP Corp. (NASDAQ:ATPC) surged 55.56% following the Securities and Exchange Commission filing that disclosed a new stake held by proprietary trading firm and liquidity provider Jane Street Group LLC. Benzinga’s Edge Stock Rankings indicate that ATPC maintains a weak price trend in the short, long, and medium terms. AST SpaceMobile AST SpaceMobile Inc. (NASDAQ:ASTS) tumbled 10.01% after the company announced a $1.0 billion proposed public offering of Convertible Senior Notes. Benzinga’s Edge Stock Rankings indicate that ASTS maintains a weak price trend in the long, short, and medium terms. Growhub Growhub Ltd. (NASDAQ:TGHL) gained 33.89% after the company announced a $400 million merger agreement with EnChem. Benzinga’s Edge Stock Rankings indicate that TGHL maintains a weak price trend in the long term but a strong trend in the short and medium terms. Benzinga’s Edge Stock Rankings indicate that ATAI maintains a strong price trend in the short, long, and medium terms. Cues From Last SessionConsumer discretionary, financial, and communication services stocks recorded the biggest gains on Wednesday, while utilities and energy stocks bucked the overall market trend, closing the session lower.

Insights From AnalystsBlackRock remains tactically constructive on the U.S. stock market while navigating a fundamentally transformed economic landscape. In its commentary, the firm maintains an overweight position on U.S. equities, noting that “strong corporate earnings, fueled by the AI buildout and a favorable macro backdrop, are outpacing higher interest rate expectations.”

Within equities, BlackRock advises focusing closely on AI bottleneck opportunities such as power, chips, and data centers.

Regarding the broader economy and policy environment, BlackRock emphasizes that a structural shift has taken hold, reinforcing its view that “the global rates reset is real and significant.”

The firm cautions that underlying inflation remains too firm to confidently return to the Federal Reserve’s 2% target, which will likely keep the central bank on hold.

In this “new regime” of elevated rates, fixed-income dynamics have changed. While higher yields have made durable income an opportunity again,

BlackRock warns that long-term bonds are “less reliable diversifiers”. Consequently, the firm prefers the front end and belly of the U.S. yield curve, advising investors to target areas where they are best compensated for risk.

Upcoming Economic DataHere’s what investors will be keeping an eye on this Thursday.

Commodities, Crypto, And Global Equity MarketsCrude Oil WTI futures were trading lower in the early New York session by 0.08% to hover around $79.54 per barrel.

Gold Spot US Dollar fell 0.65% to hover around $4,033.80 per ounce. The U.S. Dollar Index spot was 0.05% higher at the 100.5320 level.

Meanwhile, Bitcoin (CRYPTO: BTC) was trading 1.00% lower at $64,042.02 per coin over the last 24 hours.

Asian markets closed mostly lower on Wednesday, except Hong Kong’s Hang Seng and India’s Nifty 50 indices. China’s CSI 300, Australia’s ASX 200, South Korea’s Kospi, and Japan’s Nikkei 225 indices fell. European markets were mostly lower in early trade.

Photo courtesy: Frontpage / Shutterstock.com

Market News and Data brought to you by Benzinga APIs

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

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2026-07-16 11:05 28d ago
2026-07-16 05:25 29d ago
The Space Force's $5.6 Billion Launch Program Has a New Contender. Here's Rocket Lab's Path to Winning It.
RKLB Rocket Lab USA
FMP Stock News
Original source text
The U.S. military's most sensitive satellites have long ridden to orbit on a short list of trusted rockets. Now Rocket Lab (RKLB 3.36%) has forced its way into that conversation, earning a spot to compete in the Space Force's National Security Space Launch (NSSL) Phase 3 Lane 1 program, an arrangement with a maximum value of $5.6 billion through 2029.

But being invited to compete and actually winning work are two very different things, and the entire opportunity hinges on one machine: the Neutron rocket.

Why Neutron is the linchpin Rocket Lab built its business on the small Electron rocket, but Electron is far too small for the heavy national-security payloads the Space Force needs to launch. Neutron, its larger reusable medium-lift vehicle, is the rocket designed to carry them. The program's structure makes this crystal clear: Rocket Lab has been on-ramped as an eligible bidder, but it cannot win any individual task orders until Neutron completes a successful first flight. In other words, no working Neutron means no share of the $5.6 billion in available contracts, full stop.

Image source: Getty Images.

The path to winning task orders Being a contender requires passing a handful of milestones. First, Neutron has to fly, with a debut currently targeted for the fourth quarter of 2026. A clean flight would let Rocket Lab pursue formal certification and then compete for specific missions, and the program plans to award at least 30 launches over its life, with a possible extension into the next decade. Rocket Lab is trying to build credibility ahead of that debut, having already lined up a commercial launch backlog for Neutron and drawn interest from the military for a cargo-transport test. Each contract signed before the first flight strengthens the case that the rocket will have steady demand once it's flying.

Objectively, investors should know that the obstacles are significant. Neutron's timeline has already slipped once after a test failure on its first-stage tank, and new rockets are notoriously prone to delays and early setbacks. Rocket Lab is also arriving late to a field where Space Exploration Technologies (aka SpaceX) and United Launch Alliance are already securing task orders, so it will compete for missions against established providers with proven vehicles. Until Neutron flies, Rocket Lab remains on the outside looking in.

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The takeaway for potential investors Rocket Lab's inclusion in a $5.6 billion program is a genuine vote of confidence, but it is best understood as an option rather than a guaranteed payday. The value of that option rests almost entirely on Neutron's debut going well. A successful first flight would open the door to years of high-value government work and validate Rocket Lab's push to become a serious defense-launch player.
2026-07-16 11:05 28d ago
2026-07-16 06:15 29d ago
SpaceX vs. Rocket Lab: Which Is the Better Space Stock to Buy Right Now?
RKLB Rocket Lab USA
FMP Stock News
Original source text
Space stocks are on many investors' minds these days, but going all-in on this sector right now comes with considerable risk, as most rocket stocks are volatile.

Still, two stocks that are no doubt near the top of many investors' watch lists are Space Exploration Technologies (SPCX 0.59%) and Rocket Lab (RKLB 3.36%). Here's which one looks like the better buy right now.

Image source: Getty Images.

The case for SpaceX What was once just a rocket company has morphed into an expanding technology behemoth with its sights set on both the space and artificial intelligence (AI) markets.

SpaceX has highly ambitious goals for both, including colonizing Mars, launching orbital data centers, expanding its Starlink satellite internet business, and building what some analysts are calling a "sovereign AI" platform in which the company controls the AI model, chip designs, processor manufacturing, and everything in between.

That's part of the appeal of SpaceX for some investors -- the company is trying big things, like developing its Starship rocket, which it says will reduce the costs of putting payloads into orbit by at least 90%, or deploying a constellation of data center satellites. Morningstar research puts the total addressable market for its Starlink connectivity business at $129 billion.

And the company is making headway on some of its goals. It has 12 million Starlink internet subscribers and generated $1.9 billion in operating profit from that business in the most recent quarter.

SpaceX is also making progress with its neocloud business, which leases data center capacity (Earth-bound, for now) to tech companies including Alphabet and Anthropic. That business has already signed more than $81 billion in contracts.

And then there's the potential for SpaceX to merge with Elon Musk's other large company, Tesla. That could expand SpaceX's opportunities into the autonomous vehicle and humanoid robot markets, the latter of which could be worth $3 trillion by 2050, according to a Morgan Stanley forecast.

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The case for Rocket Lab There's some overlap between Rocket Lab and SpaceX, though Rocket Lab isn't building AI data centers or planning to merge with a humanoid robotics company (as of now).

The company is instead mostly focused on launching rockets for its customers and on expanding its satellite communications network through its recently announced purchase of Iridium Communications.

Rocket Lab has agreed to pay $8 billion for Iridium, and is expected to close on the deal next year, giving it 2.5 million satellite-based mobile subscribers. The service is mainly geared toward the private and government sectors, in contrast to Starlink, which caters more to customers who want at-home internet service.

Iridium is profitable, with $114 million in net earnings last year, and the deal will help Rocket Lab expand its satellite communications network to better compete with SpaceX.

But Rocket Lab's primary business is sending payloads into space, and in the first quarter, the company signed 31 new deals, selling more launches than it did in all of 2025.

The company also has some major launch contracts already signed, including with the U.S. government to establish the satellite system for the proposed Golden Dome missile defense system. It also has contracts for missile tracking and military communications.

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While Rocket Lab isn't profitable, its loss of $0.07 per share in Q1 was an improvement from its loss of $0.12 per share in the prior-year quarter. Revenue is also growing at a healthy clip, rising 64% to $200 million.

In contrast, SpaceX's sales rose just 15% in Q1 to $4.7 billion, and the company's loss of $3.29 per share was dramatically worse than its $0.41 per share loss in the year-ago quarter.

SpaceX's massive losses have been fueled by sharp increases in its capital expenditures, which reached $10 billion in Q1 2026 alone, compared to $27 billion for all of 2025.

That heavy spending should give investors pause, and so should the lofty valuation of its stock. SpaceX trades at a price-to-sales (P/S) ratio of about 94 compared to Rocket Lab's P/S ratio of 66.

While neither stock is cheap, SpaceX's shares trade at a much higher premium even as the company ramps up spending and its losses widen. All of which means that Rocket Lab looks like the better space stock to buy right now.
2026-07-16 11:01 28d ago
2026-07-16 06:05 29d ago
Enphase: Rough Short-Term, But Tailwinds Ahead
ENPH Enphase Energy
FMP Stock News
Original source text
I initiate coverage on Enphase Energy with a Buy rating despite ongoing top- and bottom-line headwinds. ENPH has delivered four consecutive double beats, consistently surpassing analyst expectations and demonstrating management credibility. Above-market margins and potential catalysts, such as the IQ SST Architecture, support a constructive long-term outlook.
2026-07-16 11:00 28d ago
2026-07-16 04:54 29d ago
Viasat demonstrates first integrated automotive satellite voice call capability with BMW Group
VSAT ViaSat
FMP Stock News
Original source text
Viasat experts demonstrate satellite-enabled voice call capabilities as part of research collaboration 
during this week’s 5G Automotive Association Meeting Week in Munich, Germany: for the first time integrated with the infotainment system of a BMW iX3.

Showcase highlights what might be possible in future and the potential for reliable voice and messaging connectivity beyond the reach of traditional terrestrial networks.

MUNICH, July 16, 2026 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced a landmark technology demonstration showcasing the first automotive satellite voice call demonstration fully integrated into a BMW Group vehicle’s platform.

It marks a significant step forward as Viasat brings Non-Terrestrial Network (NTN) communications into the connected vehicle ecosystem: enabling drivers and passengers to stay connected in remote or underserved areas where cellular coverage may be limited or unavailable.

Building on an earlier demonstration with eSIM capabilities from Cubic³, a leading provider of software-defined vehicle (SDV) solutions, Viasat experts in Munich utilized advanced technology including Qualcomm Technologies Inc.’s Snapdragon® Auto 5G Modem-RF Gen 2 solution, and the Fraunhofer IIS NESC AI voice codec. This enables voice communications to be sent using the NB-IoT communications protocol over Viasat’s highly reliable, L-band satellite network.

For the first time, this technology was integrated with BMW Group’s in-vehicle architecture, allowing voice calls to be initiated and managed directly through the vehicle interface. By extending messaging and voice services beyond cellular coverage, automakers like BMW Group can ensure drivers remain connected for emergency assistance and critical safety applications, regardless of location.

“This demonstration reflects broader industry excitement to ensure consistent, resilient satellite capabilities for next-generation vehicles,” said Sandeep Moorthy, Senior Vice President, Advanced Non-Terrestrial Solutions at Viasat. “By bringing standards-based NTN to vehicles, we can integrate satellite voice and messaging and ultimately enable a future where drivers can remain connected — wherever the journey takes them.”

Viasat, BMW Group, Cubic3, and Fraunhofer IIS are active members of the 5GAA (5G Automotive Association), which brings together technology and automotive partners to develop real-world, scalable connectivity solutions for all road users. Satellite-enabled automotive connectivity applications include voice and messaging emergency services, fleet management, and over-the-air updates in low-connectivity regions.

The NB-IoT protocol, which can support lower data-rate applications, is enabled by global 3GPP standards. Future releases are expected to pave the way for 5G-New Radio (5G-NR) satellite services, which could support video streaming and seamless roaming between terrestrial and satellite networks.

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people’s lives anywhere they are - on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube.

Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Viasat, Inc. Contacts
Richard Jones, External Communications, Corporate & Commercial Services, [email protected] 
Lisa Curran/Peter Lopez, Investor Relations, [email protected]

About 5GAA
The 5G Automotive Association (5GAA) is a global, cross-industry organisation of companies from the automotive, technology, and telecommunications industries (ICT), working together to develop end-to-end solutions for future mobility and transportation services. Created in September 2016, 5GAA has rapidly expanded to include key players with a global footprint in the automotive, technology and telecommunications industries. This includes automotive manufacturers, tier-1 suppliers, chipset/communication system providers, mobile operators and infrastructure vendors. More information.

About Cubic3
Cubic³ brings cellular and satellite connectivity together on one platform for the automotive industry, giving software-defined vehicles (SDVs) seamless coverage across more than 200 countries and territories. With access to over 550 mobile networks, Cubic³ helps automotive OEMs navigate the complexities of global connectivity and compliance, so drivers stay connected whether they're within reach of a cellular network or relying on satellite.

Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm, Qualcomm Dragonwing and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.

Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to the expected benefits, capabilities, performance, availability, and future development of Viasat’s satellite-enabled automotive connectivity solutions; the successful integration and commercialization of satellite voice technology within BMW Group or any other company’s vehicles; the anticipated expansion of NTN services for automotive applications; and the connectivity to be provided by Viasat L-band satellites. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: our ability to successfully develop, integrate, and commercialize satellite-enabled automotive technologies; risks associated with demonstrating and scaling new technologies; our ability to realize the anticipated benefits of our satellite network, including the ViaSat-3 class satellites and any future satellite we may construct or acquire; unexpected expenses related to our satellite projects; our ability to successfully implement our business plan for new and existing services on our anticipated timeline or at all; risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; changes in relationships with key partners, including automotive OEMs; our reliance on third parties to manufacture, supply, or integrate our solutions; increased competition and introduction of new technologies in the communications and automotive industries; changes in the global business environment and economic conditions; regulatory and spectrum-related risks, including changes affecting spectrum availability or permitted uses; our inability to access or expand use of spectrum or orbital locations; and other factors affecting the communications and automotive industries generally. In addition, please refer to the risk factors contained in our SEC filings available at www.sec.gov, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/19addb9d-bccf-4b68-9bff-fde2f0b7700e

Viasat experts demonstrate satellite-enabled voice call capabilities Viasat experts demonstrate satellite-enabled voice call capabilities as part of research collaborati...
2026-07-16 10:52 28d ago
2026-07-16 05:31 29d ago
GXO Logistics (GXO) Surges 5.3%: Is This an Indication of Further Gains?
GXO GXO Logistics
FMP Stock News
Original source text
GXO Logistics (GXO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
2026-07-16 10:52 28d ago
2026-07-16 06:29 29d ago
The Portfolio Blueprint for Building $20,000 a Month in Dividend Income
SO Southern Company
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© BigTunaOnline / Shutterstock.com

Twenty thousand dollars a month in dividends means $240,000 a year that has to arrive whether the market cooperates or not. Reaching it is a math problem before it is a stock-picking problem, and the math gets uncomfortable fast when you compare that target with current yields.

The core equation is unforgiving: annual income divided by portfolio yield equals the capital you need before taxes. Every choice from here is a negotiation between how much you have and how much risk you will accept to close the gap. For context, the 10-year Treasury recently yielded about 4.4%, which is the baseline every income strategy has to justify.

The Conservative Path: Dividend Growth at 3% to 4% At a blended 3.5% yield, hitting $240,000 requires roughly $6.86 million in invested capital. That is the ceiling of the range, and it is the price of sleep.3.1% increase to $1.34 per quarter

This tier is anchored by Dividend Kings and regulated utilities. Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) just approved a 3.1% dividend increase to $1.34 per quarter, extending 64 consecutive years of raises. The payout is backed by Q1 2026 revenue of $24.06B (+9.9% YoY) and adjusted EPS of $2.70. Southern Company (NYSE:SO) posted Q1 2026 adjusted EPS of $1.32 on revenue of $8.40B (+8.0% YoY), backed by regulated utility operations and Southeast data-center demand that CEO Chris Womack has flagged as a multi-year tailwind.$4 million

You need almost seven million dollars in capital, and half your total return still has to come from price appreciation.$0.271 monthly

The Middle Ground: REITs and Midstream at 5% to 7% Move to a blended 6% yield and the capital requirement drops to $4 million. That is the tier where net-lease REITs and pipeline partnerships live.6.6% year over year

Realty Income (NYSE:O) pays a $0.27 monthly dividend ($3.246 annualized), a yield near 5.06%, and has raised the dividend for 114 consecutive quarters. Q1 2026 AFFO/share grew 6.6% YoY to $1.13 with occupancy at 98.9%. Enterprise Products Partners yields around 6-7%, with a $0.55 quarterly distribution ($2.20 annualized, +2.8% YoY) and $5.3B of major growth projects under construction. Enterprise issues a K-1, which complicates tax filing.$30.7 billion portfolio

Dividend growth slows at this tier. Realty Income guides for 3.0-3.7% AFFO growth in 2026, which is fine but nowhere near JNJ’s historical compounding.$0.47

The Aggressive Route: BDCs at 8% to 12% Push the blended yield to 10% and you can theoretically produce $240,000 on $2.4 million. That number is seductive and should be treated with suspicion.$19.59

Ares Capital (NASDAQ:ARCC) yields around 10% and earns it from a portfolio with weighted average debt yields of 10.3% at amortized cost. Q1 core EPS of $0.47 covered the $0.48 quarterly dividend with almost no cushion, and the portfolio absorbed $412M in net unrealized losses while NAV slipped to $19.59 from $19.94. Non-accruals rose to 2.1% at amortized cost from 1.8%.

BDCs distribute what they earn from floating-rate middle-market loans. When the Fed cuts, and it has already trimmed rates over the past year, that income base compresses.

The Insight the Yield Table Hides A 3.5% portfolio that starts at $240,000 of income and raises its dividend 7% annually would pay roughly $441,000 in year ten, or about $472,000 in year eleven after ten full annual increases. A 10% portfolio that holds its distribution flat pays $240,000 every year. Ten years in, the dividend-growth investor may have far more income, while the yield chaser may have stood still if the payout never grew.

Most $20,000-a-month dividend portfolios end up blended: a conservative core to grow the income stream, a moderate sleeve to raise current yield, and a small aggressive allocation sized so a dividend cut or price decline does not break the plan.

Checks That Matter Before Chasing $20,000 a Month Recalculate the target against actual spending, not gross income. Replacing a $240,000 salary may require less than $240,000 of portfolio income once payroll taxes, retirement contributions, and work-related costs drop out. The right number is the spending gap after Social Security, pensions, cash reserves, taxes, and any part-time income.

Stress-test the aggressive tier by modeling a 20% NAV drawdown and a 15% dividend cut simultaneously. If that scenario breaks your plan, the allocation is too large.

Compare total return, not just headline yield. Pull adjusted returns for a dividend-growth holding against a double-digit BDC over the same period, then compare income growth, price change, and dividend cuts. The higher yield is not doing more work if it is offset by stagnant income or principal erosion. The Real Goal Is Durable Income A $20,000 monthly dividend target can be built with very different portfolios, but the smallest capital requirement usually carries the largest risk. The better question is not simply how to produce $240,000 this year. It is whether that income can keep arriving, keep growing, and keep surviving the parts of retirement that do not show up in a simple yield table.

Contact [email protected] for any questions or corrections.
2026-07-16 10:49 28d ago
2026-07-16 06:17 29d ago
HUBG Fraud Notice: Hub Group Investors are Reminded to Contact BFA Law about its Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses
HUBG Hub Group
FMP Stock News
Original source text
BFA Law has filed a securities fraud class action lawsuit on behalf of Hub Group investors after its stock plummeted 18% after it announced its financial statements were materially misstated and should no longer be relied upon.

NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Hub Group Inc. (NASDAQ:HUBG) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

BFA Law has filed a securities fraud class action lawsuit on behalf of Hub Group investors after its stock plummeted 18% after it announced its financial statements were materially misstated and should no longer be relied upon.

ShareIf you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

Key Details of the HUBG ($HUBG) Class Action:

Lead Plaintiff Deadline: August 28, 2026Alleged Misconduct: Securities fraud relating to Hub Group’s financial results, revenue recognition, accounting of costs, internal controls, and prospects for/drivers of growthLargest Stock Drop: February 6, 2026 – 18% Stock DropCourt: U.S. District Court for the Northern District of IllinoisFiling Law Firm: Bleichmar Fonti & Auld (“BFA Law”)Action: Contact BFA Law to discuss your rightsInvestors have until August 28, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities. The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 1:26-cv-07596.

Why is Hub Group Being Sued for Securities Fraud?

Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. Hub Group services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Hub Group’s drivers of financial results and growth.

Why did Hub Group’s Stock Drop?

On February 5, 2026, Hub Group announced that the Company’s financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to “an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” Hub Group revealed that its reports for those quarters “were in each case materially misstated due to the aforementioned error and should no longer be relied upon” and that “the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps.” Hub Group also estimated that “[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million.”

This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.

On May 12, 2026, Hub Group announced that it had “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported,” causing its 2023 and 2024 annual reports filed with the SEC to be “materially misstated,” such that they “should no longer be relied upon.” Hub Group did not quantify the expected misstatement, although it “expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023.”

This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.

Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.

What Can You Do?

If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/hub-group-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-07-16 10:48 28d ago
2026-07-16 06:17 29d ago
PODD Fraud Notice: Insulet Investors are Reminded to Contact BFA Law about the Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses
PODD Insulet Corporation
FMP Stock News
Original source text
A securities fraud class action lawsuit has been filed on behalf of Insulet investors after its stock plummeted over 6% because of misrepresentation about the safety of Insulet’s Omnipod products.

NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Insulet Corporation (NASDAQ:PODD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

A securities fraud class action lawsuit has been filed on behalf of Insulet investors after its stock plummeted over 6% because of misrepresentation about the safety of Insulet’s Omnipod products.

ShareIf you invested in Insulet, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.

Key Details of the Insulet ($PODD) Class Action:

Lead Plaintiff Deadline: August 31, 2026Alleged Misconduct: Securities fraud relating to the safety of Insulet’s Omnipod productsLargest Alleged Stock Drop: March 12, 2026 – 6.88% Stock DropCourt: U.S. District Court for the District of MassachusettsTake Action: Contact BFA Law to discuss your rightsInsulet investors have until August 31, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Insulet securities. The class action is pending in the U.S. District Court for the District of Massachusetts. It is captioned Hu v. Insulet Corporation et al., No. 26-cv-13062.

Why is Insulet Being Sued for Securities Fraud?

Insulet is primarily engaged in the development, manufacture, and sale of insulin delivery systems for people with insulin-dependent diabetes through its Omnipod platform. The Omnipod platform includes: the Omnipod® 5 Automated Insulin Delivery System (“Omnipod 5”), the Omnipod DASH® Insulin Management System (“Omnipod DASH”), and the Omnipod Insulin Management System (“Omnipod Eros”).

Throughout the relevant period, Insulet misrepresented the safety of its Omnipod products as well as its ability to efficiently produce “medical grade quality at consumer electronic scale.” In reality, certain of Insulet’s products suffered from undisclosed manufacturing defects that put patient safety at risk.

Why did Insulet’s Stock Drop?

On March 12, 2026, Insulet disclosed that a manufacturing issue with its Omnipod® 5 Pods caused a “tear in the internal tubing that delivers insulin” resulting in insulin being released inside the Pod “instead of being fully infused into the body as intended.” Accordingly, Insulet “initiated a voluntary Medical Device Correction for specific lots of Omnipod® 5 Pods.”

This news caused the price of Insulet stock to drop $16.23 per share, or 6.88%, from a closing price of $236.07 per share on March 12, 2026, to $219.84 per share on March 13, 2026.

On May 26, 2026, Insulet announced another voluntary Medical Device Correction due to a manufacturing issue, this time to its Omnipod 5, Omnipod DASH, and Omnipod Eros systems. It again indicated that the manufacturing issue resulted in a tear in the tubing which “could result in insulin under-delivery.”

This news caused the price of Insulet stock to drop $7.79 per share, or 5.07%, from a closing price of $218.11 per share on May 26, 2026, to $146.01 per share on May 27, 2026.

Click here for more information: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.

What Can You Do?

If you invested in Insulet, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/insulet-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/insulet-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-07-16 10:46 28d ago
2026-07-16 06:17 29d ago
ENSG Fraud Notice: Ensign Investors are Reminded to Contact BFA Law about its Ongoing Securities Fraud Investigation to Recover Investment Losses
ENSG The Ensign Group
FMP Stock News
Original source text
BFA Law is investigating whether Ensign committed securities fraud by making false and misleading statements to investors regarding the quality of care at its nursing facilities, the sustainability of its growth and profit margins, and its regulatory compliance.

NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.

BFA Law is investigating whether Ensign committed securities fraud by making false and misleading statements to investors regarding the quality of care at its nursing facilities, the sustainability of its growth and profit margins, and its compliance.

ShareIf you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.

Key Details of the Ensign ($ENSG) Class Action Investigation:

Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Ensign Being Investigated for Securities Fraud?

Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.

BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.

Why did Ensign’s Stock Drop?

On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.

This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.

On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.

On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.

Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.

What Can You Do?

If you invested in Ensign, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/ensign-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/ensign-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-07-16 10:44 28d ago
2026-07-16 05:44 29d ago
Alnylam Pharmaceuticals: Commercial Momentum Outweighs TTR Read-Through Concerns
ALNY Alnylam Pharmaceuticals
FMP Stock News
Original source text
I initiate coverage of Alnylam Pharmaceuticals with a non-consensus BUY rating, citing the recent pullback as an overreaction. AMVUTTRA now holds a near-term commercial monopoly in TTR silencing, with strong clinical data and $890 million in Q1 2026 revenue. ALNY's robust cash position ($3.0 billion) and GAAP profitability materially reduce investment risk and support pipeline development.
2026-07-16 10:44 28d ago
2026-07-16 06:00 29d ago
Global Net Lease, Inc. Announces Release Date for Second Quarter 2026 Results
GNL Global Net Lease
FMP Stock News
Original source text
July 16, 2026 06:00 ET  | Source: Global Net Lease, Inc.

NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that it will release its financial results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 after the close of trading on the New York Stock Exchange.

The Company will host a conference call and audio webcast on Thursday, August 6, 2026, beginning at 11:00 a.m. ET, to discuss the second quarter results and provide commentary on business performance. The results will be released before the call which will be conducted by GNL’s management team. A question-and-answer session will follow the prepared remarks.

Dial-in instructions for the conference call and the replay are outlined below. This conference call will also be broadcast live over the Internet and can be accessed by all interested parties through the GNL website, www.globalnetlease.com, in the “Investor Relations” section. To listen to the live call, please go to the “Investor Relations” section of the Company's website at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the GNL website.

Conference Call Details

Live Call
Dial-In (Toll Free): 1-877-407-0792
International Dial-In: 1-201-689-8263

Conference Replay*
Domestic Dial-In (Toll Free): 1-844-512-2921
International Dial-In: 1-412-317-6671
Conference Replay Number: 13761120

*Available from 2:00 p.m. ET on August 6, 2026 through November 6, 2026.

About Global Net Lease, Inc.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the United States, and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. 

Important Notice
The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition, including the Modiv transaction, or disposition by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in the Company’s forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures about Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

Contacts:
Investor Relations
Email: [email protected]
2026-07-16 10:43 28d ago
2026-07-16 05:35 29d ago
New Strong Sell Stocks for July 16th
CRC California Resources Corp
FMP Stock News
Original source text
This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.

Copyright 2026 Zacks Investment Research 101 N Wacker Drive, Floor 15, Chicago, IL 60606

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.94% per year. These returns cover a period from January 1, 1988 through June 1, 2026. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.

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2026-07-16 10:42 28d ago
2026-07-16 05:26 29d ago
Best Income Stocks to Buy for July 16th
FHB First Hawaiian
FMP Stock News
Original source text
Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 16:

T. Rowe Price Group, Inc. (TROW - Free Report) : This investment management firm has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% the last 60 days.

This Zacks Rank #1 company has a dividend yield of 4.5%, compared with the industry average of 2.8%.

First Hawaiian, Inc. (FHB - Free Report) : This bank holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.7%, compared with the industry average of 2.5%.

One Liberty Properties, Inc. (OLP - Free Report) : This real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% in the last 60 days.

This Zacks Rank #1 company has a dividend yield of 7.4%, compared with the industry average of 4.0%.

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens.
2026-07-16 10:41 28d ago
2026-07-16 05:06 29d ago
Best Value Stocks to Buy for July 16th
XPRO Expro Group Holdings NV
FMP Stock News
Original source text
Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 16:

T. Rowe Price Group, Inc. (TROW - Free Report) : This investment management firm carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 4.3% over the last 60 days.  

T. Rowe Price Group has a price-to-earnings ratio (P/E) of 11.66 compared with 14.60 for the industry. The company possesses a Value Scoreof B.

Expro Ltd (XPRO - Free Report) : This energy services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 74% over the last 60 days.

Expro has a price-to-earnings ratio (P/E) of 17.39 compared with 21.40 for the industry. The company possesses a Value Score of A.

First Hawaiian, Inc. (FHB - Free Report) : This bank holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.7% over the last 60 days.

First Hawaiian has a price-to-earnings ratio (P/E) of 12.04 compared with 13.60 for the industry. The company possesses a Value Score of B.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.
2026-07-16 10:39 28d ago
2026-07-16 05:16 29d ago
Ora Banda delivers record gold quarter as ‘DRIVE to 300’ expansion gathers momentum
FITB Fifth Third Bancorp
FMP Stock News
Original source text
Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF) has closed FY2026 with record quarterly gold production, strong cash flow and a larger resource base.

The company produced 39,552 ounces in the June quarter. Full-year output reached 140,949 ounces, meeting guidance despite wet weather late in the period.

Ora Banda ended June with A$267.7 million in cash. Total available liquidity stood at A$468 million, including an undrawn A$200 million corporate facility.

Half yearly ounce production (including attributable ounces). 

Record production and sales Gold sales reached a record 39,421 ounces for the quarter.

This included 26,468 ounces from the Davyhurst plant and 12,953 attributable equivalent ounces from third-party processing at Paddington.

The Paddington ore sale agreement has been extended to October 20, 2026. It gives Ora Banda added processing capacity while its new plant is built.

Davyhurst processed 328,808 tonnes at 2.7 g/t gold. It produced 26,599 ounces at a recovery rate of 92%.

Full-year production from the Davyhurst plant was 106,670 ounces. Third-party processing added 34,279 attributable equivalent ounces.

First ore reached at Waihi OP in the quarter. 

Costs rise in June quarter All-in sustaining costs rose to A$3,870 per ounce.

The increase reflected third-party processing, higher diesel prices and weather disruptions. Road closures also affected production late in the quarter.

Full-year AISC was A$3,496 per ounce. This was 4% above the top of guidance.

Ora Banda realised an average gold price of A$6,243 per ounce in the quarter. Net gold revenue was A$246.1 million.

Full-year net gold revenue reached A$867.2 million.

Cash flow supports growth Operating cash flow reached A$121 million in the quarter.

Ora Banda generated A$36 million in net cash after investing A$76.6 million in development and growth projects.

Full-year net cash generation was A$183.5 million.

Managing director Luke Creagh said the result strengthened the company’s growth platform.

“The business has more than A$468 million of liquidity to fund capital projects as we target a doubling of production and a step-change down in unit costs by FY29,” he said.

Quarterly Cash Movement.

Underground mines lift output Sand King underground delivered 310,617 tonnes at 2.6 g/t gold for 26,410 ounces.

That represented a 42% rise in ore mined and a 37% increase in ounces from the previous quarter.

Riverina underground produced 180,748 tonnes at 2.9 g/t for 17,056 ounces.

At Waihi, open-pit mining ramped up. First ore was reached near quarter-end. The operation produced 8,300 tonnes at 1.2 g/t for 328 ounces.

Quarterly mined ounces by source (including Low Grade). 

Resources and reserves expand Group mineral resources increased by 75% to 3.69 million ounces.

Ore reserves rose by 159% to 610,000 ounces.

Round Dam was the main driver. Its resource increased to 1.33 million ounces.

Waihi resources rose to 482,000 ounces. Riverina increased to 689,000 ounces. Sand King reached 363,000 ounces.

The reserve base now includes maiden reserves of 101,000 ounces at Waihi underground and 223,000 ounces at Round Dam.

Sand King reserves increased to 125,000 ounces. Riverina reserves reached 100,000 ounces.

‘DRIVE to 300’ advances Ora Banda’s ‘DRIVE to 300’ plan aims to roughly double production by FY2029.

The centrepiece is a new 3 million-tonne-per-year processing plant at Davyhurst. The plant is expected to cost A$375 million.

GR Engineering Services holds the A$233 million EPC contract. Site works are underway. Commissioning is planned for the March quarter of FY2028.

Waihi underground development has also been approved. The project has a capital cost of A$90 million.

The portal is due to be established in the December quarter of FY2027. Steady-state production is expected by the September quarter of FY2028.

What’s ahead Ora Banda has guided to FY2027 production of 125,000 to 140,000 ounces.

AISC is expected to range from A$3,400 to A$3,600 per ounce.

Growth capital spending is forecast at A$425 million. This includes A$240 million for the new plant, A$70 million for infrastructure, A$40 million for Waihi underground and A$75 million for exploration.

Exploration will continue at Waihi, Round Dam, Riverina, Sand King and Little Gem.

A maiden resource for Little Gem is expected in the first half of FY2027. A final investment decision on Round Dam is targeted for late FY2027.
2026-07-16 10:38 28d ago
2026-07-16 06:12 29d ago
Alaska Air: The Loss Looks Worse Than The Business
ALK Alaska Air Group
FMP Stock News
Original source text
HomeStock IdeasLong IdeasIndustrial 

SummaryAlaska Air Group is rated Buy with a $60 fair value, reflecting a belief that current losses are driven by temporary fuel shocks.Despite a $193M Q1 loss and suspended guidance, ALK's underlying franchise—loyalty, premium, corporate, and international—continues to show robust growth.Management's 'Alaska Accelerate' plan targets $10 EPS by 2027, leveraging loyalty expansion, premium seat retrofits, and international growth to drive margin improvement.Valuation is attractive at 7.16x FY2027E earnings; risk/reward skews positive if fuel costs normalize and unit revenue holds, with Q2 results a key inflection point. ReDunnLev/iStock Editorial via Getty Images

I have an Alaska (ALK) rating of Buy and a $60 fair value based on its July 14, 2026, closing price of $46.87. I think the market is pricing in a fuel shock that will probably be temporary, and the franchise under the loss line - loyalty, premium, corporate, and

15 Followers

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.
2026-07-16 10:38 28d ago
2026-07-16 05:01 29d ago
EverCommerce (EVCM) Moves 5.4% Higher: Will This Strength Last?
EVCM EverCommerce
FMP Stock News
Original source text
EverCommerce (EVCM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2026-07-16 10:37 28d ago
2026-07-16 06:00 29d ago
Short Sales Are Making a Comeback
NWS News Corp
FMP Stock News
Original source text
Transactions Grew for the Third Straight Year But Remain a Small Slice of the Market, According to a New Realtor.com® Report

, /PRNewswire/ -- A new report from Realtor.com® finds that short sales, an alternative to foreclosure for underwater homeowners, are growing. Short sales remain a small slice of the market: fewer than 30,000 took place in the U.S. in 2025, accounting for roughly 0.6% of all typical home sales and 28% of distressed sales. Short-sale transactions rose 4% from 2023 to 2024, nearly 10% from 2024 to 2025, and about 16% year over year in the first quarter of 2026, accelerating across these three years. Even so, short sales are not the most common distressed sale, trailing foreclosures by more than two to one.

This report also found that starting in January 2026, for the first time since Realtor.com® began tracking these valuations in 2018, short sales started selling at a smaller discount than foreclosures. Distressed homes now fetch roughly 9% more of their estimated value as a short sale than as a foreclosure, a reversal of a pattern that held for nearly a decade.

Short sales let a homeowner who owes more than their home is worth sell the property for less than the remaining mortgage balance, with the lender's approval. Nearly 30,000 short sales took place in the U.S. in 2025, accounting for roughly 0.6% of all arms-length home sales and 28% of distressed sales. Despite offering real advantages for both lenders and homeowners, short sales remain far less common than foreclosures, trailing them by more than two to one.

"Even in a strong economy with home prices close to record highs, a small segment of households find themselves facing tough circumstances," said Danielle Hale, chief economist, Realtor.com®. "The good news for struggling homeowners is that they have more options now than in previous decades. A short-sale can be complicated and requires borrowers to act before the bank forces their hand; however, it benefits them by shortening the waiting period before they can qualify for a future mortgage. Foreclosures are the more common outcome, but borrowers facing difficulty should consider all of their options. Engaging with a Realtor agent who specializes in these transactions can be a smart move."

A Decade-Long Bargain, Reversed

For most of the past decade, short sales sold at a steeper discount to their estimated value than foreclosures did. Foreclosed homes sold in a fairly steady range, 25% to 30% below estimated value, year after year. The short-sale discount swung far more widely, starting around 30% in 2018, ballooning to 50% in 2022, and narrowing to roughly 20% by early 2026 as the market cooled.

The swing traces back to timing. A foreclosed home is priced by the lender the moment it sells, so its discount tracks the market in real time. A short sale is priced earlier, while the homeowner still owns it, and often sits in pending status for months while the lender decides whether to accept less than it's owed. During the rapid price run-up of 2021 and 2022, homes appreciated faster than these drawn-out deals could close, pushing short-sale discounts to their widest point. As price growth flattened in 2025 and 2026, that lag faded and the discount snapped back.

Research from the Federal Reserve Bank of Philadelphia examining the 2007-2012 housing crash found short sales sold for roughly 9% to 10% more than comparable foreclosures during that period, suggesting the current premium is less a new development than a return to the historical norm.

Why Short Sales Stay Rare

The reversal is unlikely to change how few homeowners choose a short sale. "A short sale recovers more value for the lender and does less damage to the surrounding neighborhood, but the decision isn't the lender's to make," said Glen Morgenstern, economist intern at Realtor.com®. "The homeowner controls the outcome, and a foreclosure lets them stay in the home without paying for 592 days on average. That free housing is worth more than any credit or timeline advantage a short sale offers, and the new pricing math doesn't touch that calculation."

A short sale ends earlier and requires the homeowner to actively cooperate in their own move. Short sales can release a homeowner from leftover mortgage debt and let them qualify for a new mortgage in about four years rather than seven, and while a short sale is widely believed to be gentler on a seller's credit than foreclosure, credit bureaus score the two similarly.

The ratio of short sales to foreclosures has never reached parity since Realtor.com's records began in 2006. It climbed as the 2010 Home Affordable Foreclosure Alternatives program pushed short sales as an alternative, then slid after that program ended in 2016. It has since settled at roughly four short sales for every ten foreclosures.

A Different Map Than Foreclosures

Short sales also cluster differently than foreclosures. Foreclosures concentrate in the country's most affordable markets, while short sales are scattered across moderately priced metros in the West and Florida. As of May 2026, Miami, New York, Tampa, Phoenix and Houston had the most short-sale listings. By share of listings, Lakeland, Florida led the country at 6.7%, followed by Pueblo and Colorado Springs, Colorado. Measured by completed sales, short sales are most common in Salt Lake City and Texas metros such as Austin and Dallas.

Buyers remain wary of the format. Short-sale listings draw roughly 20% fewer page views on Realtor.com than comparable homes and take about two months longer to sell, weighed down by lender approval timelines that can drag on for months and sometimes collapse before closing.

Methodology

Short sales are identified as those carrying the short-sale flag in Realtor.com deed records, and foreclosures as those carrying the REO (real estate-owned) flag, covering single-family homes, condos, townhomes, row homes and co-ops sold since 2001. Short-sale prevalence is measured both as a share of all home sales and as a share of distressed sales (short sales plus foreclosures). Short-sale listings are identified by the short-sale flag in Realtor.com listing data, consistently populated beginning in 2019.

To measure the price discount, each distressed sale price is compared against the property's estimated value from an automated valuation model, taken as the median of that property's valuations in the month three months before the sale. The discount is the percentage by which the sale price falls below that value, measured the same way for short sales and foreclosures. The short-sale premium over foreclosures is the difference between the two groups' discounts. Listing performance metrics compare each listing's statistics against the medians for its property type and ZIP code, or metro area where a ZIP has fewer than 50 listings. Sales figures reflect data through March 2026.

About Realtor.com®

For over 30 years, Realtor.com® has connected buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 real estate site REALTOR® agents recommend, Realtor.com® delivers consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.

Media Contact: Mallory Micetich, [email protected] 

SOURCE Realtor.com
2026-07-16 10:36 28d ago
2026-07-16 06:00 29d ago
BTU INVESTOR DEADLINE: Peabody Energy Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
BTU Peabody Energy
FMP Stock News
Original source text
, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Peabody Energy Corporation (NYSE: BTU) common stock between October 14, 2024 and May 4, 2026, both dates inclusive (the "Class Period"), have until Monday, August 24, 2026 to seek appointment as lead plaintiff of the Peabody Energy class action lawsuit. Captioned McGeachy v. Peabody Energy Corporation, No. 26-cv-01020 (E.D. Mo.), the Peabody Energy class action lawsuit charges Peabody Energy and certain of Peabody Energy's top current and former executive officers with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Peabody Energy class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-peabody-energy-corporation-class-action-lawsuit-btu.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Peabody Energy engages in the production of metallurgical and thermal coal.

The Peabody Energy class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Peabody Energy's Centurion mine ramp-up and anticipated growth; and (ii) there was a multitude of issues causing delays to the Centurion mine ramp-up and the return to full longwall production dates.

On March 30, 2026, Peabody Energy issued a press release allegedly lowering guidance pertaining to Centurion mine's expected first quarter 2026 output by 450,000 tons ahead of Peabody Energy's full earnings release. On this news, the price of Peabody Energy stock fell nearly 10%, according to the complaint.

Then, on May 5, 2026, Peabody Energy issued a press release allegedly disclosing Peabody Energy's failure to ramp-up Centurion by the long-awaited March 2026 deadline and that Peabody Energy was cutting guidance related to full year met segment volumes to reflect the increased cost and substantial volume decrease. On this news, the price of Peabody Energy stock fell nearly 6%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Peabody Energy common stock during the Class Period to seek appointment as lead plaintiff in the Peabody Energy class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Peabody Energy class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Peabody Energy class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Peabody Energy class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.

Contact:
Robbins Geller Rudman & Dowd LLP
Ken Dolitsky
Michael Albert
655 W. Broadway, Suite 1900, San Diego, CA 92101
800/851-7783
[email protected]

SOURCE Robbins Geller Rudman & Dowd LLP
2026-07-16 10:35 28d ago
2026-07-16 06:00 29d ago
Hercules Capital Announces Date for Release of Second Quarter 2026 Financial Results and Conference Call
HTGC Hercules Capital
FMP Stock News
Original source text
-

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its second quarter 2026 financial results conference call for Thursday, July 30, 2026, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial results after market close that same day.

All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Investor Resources section of our website at investor.htgc.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call toll free by dialing +1 (800) 267-6316. International callers can access the conference call by dialing +1 (203) 518-9783. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected and to reference the conference ID HTGCQ226. For interested parties, an archived replay will be available on a webcast link located on the Investor Resources section of Hercules Capital's website.

About Hercules Capital, Inc.

Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $27 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact [email protected], or call 650.289.3060.

Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the “Adviser Subsidiary”), also maintains an asset management business through which it manages investments for external parties (“Adviser Funds”). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940.

Hercules’ common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol “HTGC.” In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).

More News From Hercules Capital, Inc.

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2026-07-16 10:33 28d ago
2026-07-16 05:50 29d ago
New Strong Buy Stocks for July 16th
TREX Trex Company
FMP Stock News
Original source text
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Expro Ltd (XPRO - Free Report) : This energy services company has seen the Zacks Consensus Estimate for its current year earnings increasing 74% over the last 60 days.

Nabors Industries Ltd. (NBR - Free Report) : This oilfield services company has seen the Zacks Consensus Estimate for its current year earnings increase by 18.4% over the last 60 days.

T. Rowe Price Group, Inc. (TROW - Free Report) : This investment management firm has seen the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Interactive Brokers Group, Inc. (IBKR - Free Report) : This electronic brokerage company has seen the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Trex Company, Inc. (TREX - Free Report) : This building products company has seen the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 
2026-07-16 10:29 28d ago
2026-07-16 05:00 29d ago
Catholic Health and GE HealthCare partner to expand patient access across Long Island
GEHC GE HealthCare Technologies
FMP Stock News
Original source text
ROCKVILLE CENTRE, N.Y.--(BUSINESS WIRE)--Catholic Health, an integrated health system located on Long Island, NY, and GE HealthCare (Nasdaq: GEHC) announced today a 10-year strategic partnership, known as a Care Alliance, valued at approximately $500 million, to help expand access to advanced imaging, precision diagnostics and AI-enabled technology across Catholic Health in support of innovative, compassionate and patient-centered care. This will be one of the largest Care Alliances between GE HealthCare and a leading healthcare system in the United States to date; spanning equipment, service, digital solutions, cloud solutions and AI-enabled technologies.

The Care Alliance centers on system-wide technology and equipment modernization across key Catholic Health service lines, including cardiology, oncology, neurology, and women’s health. Through this modernization, Catholic Health aims to:

Expand Catholic Health’s renowned cardiology practice by extending advanced cardiac imaging to multiple outpatient and ambulatory sites, helping improve access to high-quality cardiac services closer to home. Reduce delays in the oncology care journey by adding MR, CT, and PET technologies equipped with on-device AI solutions, with the goal of decreasing the time from diagnostic imaging to treatment. Expand nuclear medicine capabilities at Catholic Health’s St. Francis Hospital & Heart Center® and Good Samaritan University Hospital flagship locations to enhance diagnostic confidence in oncology. Add hundreds of ultrasound systems to help increase department efficiency and support clinician confidence at the point of care, including at the bedside. Enhance women's health with expanded capabilities in OB/GYN and maternal fetal medicine. A unique aspect of the Care Alliance is an embedded cardiovascular scientist that can work directly with Catholic Health clinicians to help highlight physician perspectives, clinical insights and patient care needs, potentially informing future equipment and technology considerations.

“This Care Alliance represents an important investment in the future of health care on Long Island and reflects Catholic Health’s commitment to innovating in ways that improve how care is delivered,” said Gary Havican, Interim President and CEO and Chief Operating Officer of Catholic Health. “By combining Catholic Health’s clinical expertise and commitment to compassionate, high-quality care with GE HealthCare’s advanced technology, AI-driven tools, and digital capabilities, we are enhancing our ability to deliver precision care, expand access to specialized services closer to home, and create a more seamless experience for patients and clinicians. The partnership also gives our physicians and care teams a meaningful voice in shaping the future of care so innovation is guided by real clinical and patient needs.”

As part of the 10-year Care Alliance, approximately 50% of equipment additions will arrive at Catholic Health clinical sites during the first three years of the agreement. The agreement is also expected to generate capital savings compared with traditional equipment purchasing approaches thanks to unitary payments and accelerators, which can allow Catholic Health to reinvest resources in technology modernization, expanded patient access and clinical program growth.

For patients, the partnership is designed to have a tangible impact on their clinical experience. AI-enabled tools, standardized equipment and more consistent workflows can help Catholic Health to increase capacity, reduce delays in diagnosis and treatment, improve appointment availability, and bring specialized services — including cardiology, neurology, women’s health and cancer care — closer to home.

Patients may begin to see benefits during the first year of the agreement with equipment additions expected to arrive within months, including contrast-enhanced mammography to improve access to breast imaging and biopsy services; expanded diagnostic imaging capabilities across multiple modalities; and upgraded maternal-infant care monitoring technologies at Good Samaritan University Hospital.

Clinicians will also benefit from enhanced operational support and ongoing collaboration with GE HealthCare experts to help optimize workflows, strengthen clinical decision-making and support innovation.

Beyond equipment additions and service line expansion, the Care Alliance includes comprehensive imaging, biomedical maintenance, and service support. A 10-year, multivendor service agreement will cover delivery and maintenance of equipment across 40+ sites, including lifecycle and fleet management, as well as comprehensive education and training. The agreement is designed to support Catholic Health as it maximizes uptime, boosts asset utilization, lowers lifecycle costs, increases operational efficiency, and enhances patient care. This service component helps distinguish the Care Alliance from a traditional equipment agreement, positioning GE HealthCare as a long-term partner in supporting equipment performance and reliability across the system.

The Care Alliance will also emphasize AI, cloud, and software solutions designed to deliver actionable insights and drive operational efficiency. Digital solutions included in the Care Alliance aim to reduce manual tasks, ease cognitive load for clinicians, improve clarity for patients, and create a more seamless clinical environment. One example is Imaging 360, a cloud-based radiology operations platform that unifies radiology workflows, centralizes performance insights, and enables remote scanning support. By providing a system-wide view of imaging operations, it can help multi-site health systems improve efficiency, patient access, and care consistency.

“This Care Alliance with Catholic Health is grounded in deep collaboration to expand access and advance high-quality care across Long Island,” said Rachel Gilbreath, region president, East, U.S. and Canada at GE HealthCare. “Over the next decade, we will work side-by-side to implement innovative technology and processes across the enterprise, integrate AI, cloud, and software solutions, and support clinical excellence, including cardiology, to position Catholic Health to improve outcomes and operational performance. Together, we are aligning people, process, and technology to deliver measurable impact for patients and clinicians.”

Over the course of the Care Alliance, Catholic Health will add expanded capabilities and service lines at St. Francis Hospital & Heart Center®, St. Charles Hospital, Good Samaritan University Hospital, St. Joseph Hospital, St. Catherine of Siena Hospital, and Mercy Hospital, as well as 36 other sites. Equipment will span modalities including CT, PET/CT, nuclear medicine, MR, mammography, X-ray, surgery, ultrasound, women’s health, anesthesia, diagnostic cardiology, and maternal infant care.

Catholic Health and GE HealthCare relationship

Outside of this agreement, Catholic Health and GE HealthCare have a history of working together on precision care capabilities, including Catholic Health’s early adoption of GE HealthCare’s proprietary PET agent Flyrcado™ (flurpiridaz F 18), which supports greater diagnostic confidence and more personalized care planning. In April 2025, St. Francis Hospital & Heart Center® was the first U.S. site to perform an exercise stress PET myocardial perfusion imaging study using GE HealthCare’s Flyrcado™ (flurpiridaz F 18).

For more information about GE HealthCare’s Care Alliances, visit: https://info.gehealthcare.com/carealliance

About Catholic Health

Catholic Health is an integrated system encompassing some of the region’s finest health and human services agencies. The health system has over 17,000 employees, six acute care hospitals, three nursing homes, a home health service, hospice and a network of physician practices. Under the sponsorship of the Diocese of Rockville Centre, Catholic Health serves hundreds of thousands of Long Islanders each year, providing care that extends from the beginning of life to helping people live their final years in comfort, grace and dignity. For more information, visit: https://www.catholichealthli.org.

About GE HealthCare Technologies Inc.

GE HealthCare is a leading global healthcare solutions provider of advanced medical technology, pharmaceutical diagnostics, and AI, cloud and software solutions that help clinicians tackle the world’s most complex diseases. Serving patients and providers for 130 years, GE HealthCare is delivering bold innovations designed for the next era of medicine across its Advanced Imaging Solutions, Patient Care Solutions, and Pharmaceutical Diagnostics segments to help clinicians deliver more personalized, precise patient care. We are a $20.6 billion business with approximately 54,000 colleagues working to create a world where healthcare has no limits.

GE HealthCare is proud to be among 2026 Fortune World’s Most Admired Companies™.

Follow us on LinkedIn, Facebook, Instagram, or visit our website for our latest news and perspectives.

Important Safety Information and Usage of Flyrcado™ (flurpiridaz F 18) injection

FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION) ™ (flurpiridaz F 18) injection, for intravenous use important safety information

Indications and Usage

FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION is a radioactive diagnostic drug indicated for positron emission tomography (PET) myocardial perfusion imaging (MPI) under rest or stress (pharmacologic or exercise) in adult patients with known or suspected coronary artery disease (CAD) to evaluate for myocardial ischemia and infarction.

Contraindications

None

Warnings and Precautions

· Risk associated with exercise or pharmacologic stress: Patients evaluated with exercise or pharmacologic stress may experience serious adverse reactions such as myocardial infarction, arrhythmia, hypotension, bronchoconstriction, stroke, and seizure. Perform stress testing in the setting where cardiac resuscitation equipment and trained staff are readily available. When pharmacologic stress is selected as an alternative to exercise, perform the procedure in accordance with the pharmacologic stress agent’s prescribing information.

· Radiation risks: FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION contributes to a patient’s overall long-term cumulative radiation exposure. Long-term cumulative radiation exposure is associated with an increased risk of cancer. Ensure safe handling to minimize radiation exposure to patients and health care providers. Advise patients to hydrate before and after administration and to void.

Adverse Reactions

· Most common adverse reactions occurring during FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION PET MPI under rest and stress (pharmacologic or exercise) (incidence ≥ 2%) are dyspnea, headache, angina pectoris, chest pain, fatigue, ST segment changes, flushing, nausea, abdominal pain, dizziness, and arrhythmia.

Use in Specific Populations

· Pregnancy

There are no data on use of flurpiridaz F 18 in pregnant women to evaluate for a drug-associated risk of major birth defects, miscarriage, or other adverse maternal or fetal outcomes. If considering FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION administration to a pregnant woman, inform the patient

about the potential for adverse pregnancy outcomes based on the radiation dose from flurpiridaz F 18 and the gestational timing of exposure.

FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION contains ethanol (a maximum daily dose of 337 mg anhydrous ethanol). If considering FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION administration to a pregnant woman, inform the patient about the potential for adverse pregnancy outcomes associated with ethanol exposure during pregnancy.

· Lactation

Temporarily discontinue breastfeeding. A lactating woman should pump and discard breastmilk for at least 8 hours after FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION administration.

· Pediatric Use

Safety and effectiveness of FLYRCADO™ (FLURPIRIDAZ F 18) INJECTION in pediatric patients have not been established.

To report SUSPECTED ADVERSE REACTIONS, contact GE HealthCare at 800-654-0118 (option 2 then option 1) or by email at [email protected] or FDA at 800-FDA-1088 or www.fda.gov/medwatch

For full prescribing information, click here. For important safety information, please click here.
2026-07-16 10:27 28d ago
2026-07-16 06:04 29d ago
Brazilian Real: Below 50dma opens move to 5.00 – Societe Generale
USDBRL USD/BRL
FMP Forex News
Original source text
Societe Generale highlights that USD/BRL has retreated to 5.07 after threatening 5.20 earlier in July, with the Brazilian Real (BRL) retaining a firm tone following soft United States (US) Producer Price Index (PPI) and lower Treasury yields. A second daily close below the 50-day moving average is seen as opening scope for a move back towards 5.00, helped by stronger retail sales and improving odds of President Lula retaining power.

Real supported by politics and data"In LatAm, the BRL retains a firm tone after soft US PPI data yesterday deflated Treasury yields and curbed dollar strength. USD/BRL retreated to 5.07 after threatening to take out 5.20 earlier this month."

"The second daily close below the 50dma opens a potential move back towards 5.00, supported by improving odds of President Lula retaining power in the October presidential election. According to the latest Genial/Quaest survey, Lula’s lead over challenger Flavio Bolsonaro has widened to 8ppt (45% vs 37%) in a potential runoff scenario."

"The US share of Brazil’s trade has already fallen to a record low of 9.7% and, with many of the affected goods being essential commodities, the macroeconomic impact is likely to be limited. Politically, however, the tariffs may prove incrementally negative for Bolsonaro, who is generally viewed as being closer to Trump."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
2026-07-16 10:22 28d ago
2026-07-16 07:09 29d ago
US-Iran War Reignites — and Traders See 92% Odds of $4 Gas
GAS Gas
CoinGecko News
Original source text
US-Iran War Reignites — and Traders See 92% Odds of $4 Gas
2026-07-16 10:17 28d ago
2026-07-16 01:51 29d ago
Bitcoin Price Forecast (JULY): Experts Split Between $70K Rally and Deeper Correction 
BTC Bitcoin RLY Rally
CoinGecko News
Original source text
As Bitcoin continues to trade around key resistance levels, market analysts remain divided on its next move. While several traders expect a bitcoin price rally toward $67,000–$70,000 over the next one to two weeks, others warn that losing critical support could trigger another correction. 

Here’s a roundup of the latest forecasts.

Michaël van de Poppe: Rally to $68K Before August SurgeCrypto analyst Michaël van de Poppe believes Bitcoin has flipped key moving averages into support while holding the crucial $61,000 level.

There we go for #Bitcoin

It's holding the crucial level at $61,000 and flipping important MAs for support, indicating that there's more momentum on the horizon.

I'm expecting to see a rally to $68,000 in the next 1-2 weeks, followed by a continuation towards $75,000-80,000 in… https://t.co/tlBxEV0Eip

— Michaël van de Poppe (@CryptoMichNL) July 15, 2026 He expects Bitcoin to reach $68,000 within the next one to two weeks, followed by a move toward $75,000–$80,000 in August if momentum continues.

“I’m expecting to see a rally to $68,000 in the next 1-2 weeks.” van de Poppe said. 

Also Read : Bitcoin Year-End Price Prediction 2026: $46,000 First Then 30% Rally to $65,000

Ali Martinez: $64.7K Is the Deciding LevelAnalyst Ali Martinez says Bitcoin’s next move depends on whether it can break the top of its trading channel at $64,700.

According to him:

Above $64,700: Targets open at $66,400, then $68,000.Failure at resistance: Bitcoin could fall back to $63,000 or even $61,500.He considers $64,700 the key breakout level traders should monitor.

Kalshi Traders: Market Bets on $68K This MonthPrediction market Kalshi traders are also leaning bullish.

The platform currently prices in Bitcoin reaching around $68,000 before the end of the month, reflecting growing confidence that BTC could extend its recovery if current support levels remain intact.

Crypto Tony: Bullish Unless $61.1K BreaksCrypto analyst Crypto Tony said Bitcoin may still be completing a corrective B-wave, but he isn’t turning bearish yet. He says:

Stay bullish while Bitcoin remains above $61,100.If that level breaks and holds as resistance, he would consider short positions.Otherwise, he’s targeting $67,000–$70,000 over the coming weeks.Also Read : Bitcoin Q3 2026 Roadmap: July Bounce, Brutal August, Then the Final Low Near $39,000

Ted Pillows: Watch the $65K CloseAnalyst Ted Pillows says Bitcoin briefly attempted to reclaim $65,000 but failed.

According to him, a daily close above $65,000 would likely trigger a quick move toward $67,500–$68,000, making it one of the most important short-term resistance levels.

That Martini Guy: Liquidity Points to $65.7KTrader, That Martini Guy said Bitcoin’s next move could be driven by liquidity.

Bitcoin has reclaimed $64k, but the interesting part is what's sitting above us.

There's a huge concentration of short liquidations around $65.5k-$65.7k. These liquidity pockets often act like magnets for price, especially when momentum starts building.

If bulls can keep… pic.twitter.com/V9C3gfe7Gb

— That Martini Guy ₿ (@MartiniGuyYT) July 15, 2026 He notes a large cluster of short liquidations between $65,500 and $65,700, which often attracts price during strong momentum.

Hold above $64,000: Bitcoin could rally into the liquidation zone.Lose $64,000: The next downside target becomes $63,000.Daan Crypto Trades Sees $70K+ as Next TargetCrypto analyst Daan Crypto Trades says Bitcoin needs to hold its current support zone to keep the bullish momentum intact. If BTC breaks above $65.6K and then $67.2K, it could trigger a stronger rally, with $70K+ becoming the next major target.

Bearish View: Peter Schiff Sticks to His CallLongtime Bitcoin critic Peter Schiff remains unconvinced by the recent recovery. He argues that while many regret not buying Bitcoin earlier, investors could eventually regret not selling above $60,000, maintaining his long-standing bearish outlook despite Bitcoin’s resilience.

Story Ends Here

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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2026-07-16 10:17 28d ago
2026-07-16 06:42 29d ago
Robinhood Chain’s $INDEX 150% Rally Turns Trading Fees Into Real Stock Rewards
RLY Rally
CoinGecko News
Original source text
The $INDEX token has surged over 150% in 24 hours, with its market cap crossing $18 million. The rally follows fresh comments from Robinhood CEO Vlad Tenev inviting developers to build with tokenized stocks and real-world assets (RWAs) on Robinhood Chain’s growing ecosystem.

How Robinhood Chain’s $INDEX Turns Chain Fees Into Stock Ownership Early reports on X put the surge down to growing awareness of $INDEX’s unique fee-to-stock yield mechanism, a model that turns on-chain trading activity directly into real stock exposure for holders.

🚨ROBINHOOD CHAIN TOKEN $INDEX SURGES 150%

The market cap of Robinhood Chain ecosystem token $INDEX has climbed above $18 million, as the token surges 150% over the past 24 hours.

The rally appears to have been fueled by Robinhood CEO Vlad Tenev’s latest comments inviting… pic.twitter.com/VMUnG97rLo

— Coin Bureau (@coinbureau) July 16, 2026

The $INDEX token is an ecosystem token on Robinhood Chain, the Arbitrum-based Layer 2 blockchain that went live on July 1, 2026. Its core mechanic is straightforward but powerful.

Trading and protocol fees generated across the chain are pooled and used to purchase Robinhood Stock Tokens, on-chain representations of equities like NVDA, GOOG, and AAPL, and those tokens are then distributed as rewards to $INDEX holders.

This makes $INDEX one of the first crypto tokens to offer real, equity-backed yield rather than inflationary token rewards.

The mechanism converts chain activity into tangible stock exposure. As Robinhood Chain processes more volume, $INDEX holders stand to receive more stock tokens.

The backdrop matters here. As CoinGape reported, Robinhood Chain Flipped Hyperliquid in 24-Hour DEX Volume just days after launch, recording over $560 million in a single day.

The chain also Hit 7.6 Million Daily Transactions, closing in fast on Base’s numbers. That kind of fee-generating activity is exactly what powers $INDEX’s stock-reward pool.

Vlad Tenev’s Developer Push Lights the Fuse The immediate trigger for the $INDEX token rally was a post on X by Robinhood CEO Vlad Tenev, who openly invited developers to build integrations with tokenized stocks and RWAs on the chain.

Tenev had earlier written: “While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too.”

While we’re building robinhood chain to be the best chain for RWA … it works great for memes too

— Vlad Tenev (@vladtenev) July 8, 2026

That framing, serious financial infrastructure that also welcomes community tokens, is exactly the narrative environment where $INDEX thrives.
Robinhood Chain has already Flipped Base to No. 2 on Uniswap, trailing only Ethereum. And meme coins like CASHCAT and HOODIE rallied among the Top Robinhood Chain Tokens This Week, showing that retail interest in the ecosystem remains strong.

$INDEX benefits from both sides of that story. High retail activity means more fees. More fees mean more Stock Tokens purchased for holders.
The $INDEX token is, in that sense, a direct bet on the entire chain’s growth, with on-chain stock exposure as the payoff.

Robinhood Chain has processed Over $3 Billion in Weekly DEX Volume, making it one of the fastest-growing Layer 2 ecosystems in 2026.

Whether the $INDEX token’s 150% surge holds will depend on how sustainable that volume is and whether the fee pool grows large enough to make the stock-reward mechanism genuinely meaningful for holders at scale.

Learn how to earn passive income with crypto through staking, lending, and more.
2026-07-16 10:17 28d ago
2026-07-16 07:27 29d ago
Market Analysts Describe Bitcoin’s Latest Move as a “Borrowed Rally” — Here’s Why
BTC Bitcoin RLY Rally
CoinGecko News
Original source text
Bitfinex Alpha reported that the lower-than-expected US inflation figures for June propelled Bitcoin to its highest daily close since June 22, but the rise is not yet backed by strong and sustainable demand.

According to the report, the recent movement in Bitcoin was largely driven by the repricing of macroeconomic expectations and the interest rate outlook. However, the market did not see sustained spot buying, a positive Coinbase premium, or continued ETF inflows independent of the price level. Bitfinex Alpha therefore characterized the rise as “borrowed strength.”

Analysts have identified the $68,000 to $68,300 range as a critical decision point for Bitcoin. They added that continued inflows into spot Bitcoin ETFs are necessary for the price to maintain its position above this range.

Yesterday, spot Bitcoin ETFs saw a total net inflow of $181.1 million, with BlackRock’s IBIT fund accounting for $138.9 million of that amount. Bitfinex Alpha stated that flows in the coming days will show whether the outflow on July 13th was temporary and whether a new wave of strong inflows has begun.

The report warned that despite one of the most positive macroeconomic data releases of the year, the lack of strengthening investor demand could invalidate the expectation of an increase in July.

According to Bitfinex Alpha, Bitcoin’s rejection from the $68,000-$68,300 range, coupled with funding rates rising above 15% and high demand for put options, could increase the risk of a decline. In such a scenario, the current price range could be maintained, or Bitcoin could even fall below its lows of $58,000.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
2026-07-16 10:17 28d ago
2026-07-16 07:57 29d ago
Solana (SOL) Price: First SuperTrend Buy Signal Since October Sparks Rally Hopes
RLY Rally SOL Solana
CoinGecko News
Original source text
Key Takeaways Solana is currently changing hands around $78, representing approximately 30% gains from June’s bottom at $60.13 The token has reclaimed territory above its 50-day EMA positioned at $76.82, though the $81.50 trendline remains a barrier Speculative interest is climbing with derivatives volume increasing 15%, while ETF channels show no new capital for 48 hours Technical analysis reveals a SuperTrend buy indication—the first observed since October 2025 Japanese financial giant SBI Holdings has announced collaboration to develop blockchain-based financial systems Solana has demonstrated consistent upward momentum throughout the current week, hovering around the $78 mark following a substantial 30% appreciation from its June bottom at $60.13. This recovery phase has successfully pushed SOL above its 50-day Exponential Moving Average (EMA) positioned at $76.82, establishing this technical level as immediate price support.

Solana (SOL) Price Speculative trading activity appears to be fueling this upward movement. According to CoinGlass analytics, derivatives market volume surged 15% to reach $6.90 billion over the last 24-hour period, while Open Interest maintained stability around $4.93 billion. The current funding rate stands at 0.0040%, indicating modest bullish sentiment among leveraged traders.

Conversely, institutional participation remains subdued. Exchange-traded fund products tracking Solana have registered consecutive days without fresh capital inflows this week, indicating that traditional finance participants are adopting a wait-and-see approach.

Source: SoSoValue The critical price point under observation is $81.50. This level coincides with a declining trendline, and a definitive daily candle closure above this threshold would provide the first technical validation that the bearish trajectory is reversing. Should bulls successfully breach this barrier, subsequent price objectives include $83.81, followed by the 78.6% Fibonacci retracement level at $88.56.

Critical Resistance Zone Between $89 and $92 A more substantial challenge awaits at higher levels. The $89 to $92 price corridor has repeatedly repelled upward advances since March, establishing it as a formidable obstacle that bulls must overcome before $100 becomes a realistic target. The 200-day EMA currently positioned at $94.52 further reinforces this resistance cluster.

Crypto analyst Ali Martinez highlighted that the SuperTrend technical indicator has generated its inaugural buy signal since October 2025. His technical assessment suggests potential price objectives near $96 and $121 if consistent purchasing pressure materializes.

SOLANA TURNED BULLISH

The ATR trailing stop has flipped below price, marking the first SuperTrend buy signal since October 10.

If buying pressure continues to build, $SOL could rally toward $96 or even $121. However, $60 remains the key level to watch.

A break below that… https://t.co/Femtlawn2r pic.twitter.com/pJSFngWZiN

— Ali Charts (@alicharts) July 15, 2026

Market analyst Michaël van de Poppe emphasized the significance of the present price zone, stating on X that maintaining current levels could facilitate a move toward $120 over the upcoming months. He attributed this optimistic outlook to the recent market-wide recovery that has improved overall trading conditions.

$SOL holds this crucial level for support and makes it therefore increasingly more likely that it continues to run to $120 in the coming 1-2 months. https://t.co/PPFJXcDUIi

— Michaël van de Poppe (@CryptoMichNL) July 15, 2026

Strategic Alliance with SBI Holdings Solana received additional positive momentum through a newly announced institutional collaboration. SBI Holdings, a prominent Japanese financial services corporation, has entered into a strategic partnership with the Solana network to develop blockchain-based financial infrastructure. This initiative encompasses stablecoin integration, real-world asset tokenization, international settlement systems, and payment solutions for artificial intelligence agents.

Decentralized exchange platforms operating on Solana processed approximately $4.15 billion in trading volume during a 24-hour measurement period, positioning the network favorably compared to competing blockchain ecosystems in terms of this performance metric.

Regarding downside scenarios, the $74–$75 price band represents the crucial support area requiring attention. Technical analyst BitGuru identified this zone on X as a significant near-term foundation. A breakdown beneath this range could trigger downward movement toward $68.88, with June’s low at $60.13 serving as the more substantial structural support level.

The Relative Strength Index currently registers near 54, demonstrating modest positive momentum while remaining outside overbought territory. The MACD indicator is converging with its signal line, maintaining a relatively neutral technical posture.
2026-07-16 10:17 28d ago
2026-07-16 09:47 29d ago
IonQ (IONQ) Shares Slide Nearly 5% as Quantum Computing Sector Gives Back Tuesday Rally
RLY Rally
CoinGecko News
Original source text
Key Takeaways IonQ shares retreated 4.9% during Wednesday’s session, reaching an intraday low of $36.86 compared to Tuesday’s close of $39.29 The selloff followed a short-lived Tuesday surge triggered by weaker-than-anticipated June inflation figures Quantum computing peers Rigetti and D-Wave declined 5.3% and 3.6% respectively, signaling widespread sector pressure Wall Street analysts continue to rate IonQ a “Moderate Buy” with a consensus price target of $69.88 The Wednesday downturn reflects profit-taking activity and sector momentum reversal rather than company-specific developments IonQ experienced a 4.9% decline Wednesday, touching a session low of $36.86 before closing near $37.38. The stock had ended Tuesday’s trading at $39.29. Trading volume registered approximately 20.3 million shares, marking a 22% decrease from typical daily activity.

IonQ, Inc., IONQ

The downward movement occurred one session after quantum computing stocks surged following June’s inflation report, which came in below economist projections. The data fueled speculation about potential Federal Reserve rate cuts, typically beneficial for speculative, high-growth equities. Wednesday’s session reversed most of those optimistic gains.

The decline wasn’t isolated to IonQ. Rigetti Computing shed 5.3%, while D-Wave Quantum decreased 3.6%. Quantum Computing Inc., Arqit Quantum, and Xanadu Quantum Technologies similarly posted losses. Meanwhile, broader market indices advanced — highlighting the quantum sector’s unique weakness.

The selloff appears driven primarily by investors locking in profits following Tuesday’s rally rather than responding to any new negative developments. No company-specific catalyst emerged to explain the downturn.

Quantum computing stocks have faced headwinds throughout much of this year. Multiple sector leaders, including Rigetti, D-Wave, and IonQ, continue trading substantially below their year-to-date peaks. Tuesday’s advance now appears to have been a fleeting macro-driven rebound rather than a fundamental shift in market sentiment.

Understanding Quantum Stocks’ Interest Rate Sensitivity The sector’s vulnerability to interest rate expectations stems from valuation methodologies applied to these companies. Most quantum computing firms currently generate minimal revenue while consuming significant cash, with profitability timelines extending years into the future. Declining rate expectations encourage investors to assign higher valuations to distant growth prospects. When such optimism dissipates, selling pressure typically intensifies rapidly.

IonQ’s 50-day moving average stands at $55.51, substantially above Wednesday’s price action, while the 200-day average rests at $44.77. The company maintains a market capitalization near $13.95 billion with a beta coefficient of 3.23 — indicating pronounced volatility in both upward and downward directions.

Despite recent headwinds, analyst sentiment remains supportive. Ten analysts maintain Buy ratings on IonQ, six assign Hold ratings, and just one recommends selling. The average price target of $69.88 suggests considerable appreciation potential from present trading levels.

A Look at Company Fundamentals In its latest quarterly disclosure on May 6, IonQ reported revenue of $64.67 million — significantly surpassing the $49.75 million analyst consensus. This represented a remarkable 754.7% year-over-year increase. However, earnings per share of -$0.34 fell short of the anticipated -$0.26 estimate.

On the innovation front, IonQ recently unveiled a 256-qubit development roadmap, completed a chip tape-out milestone, and introduced a new quantum key distribution offering. Additionally, the Jane Goodall Institute USA and FormationQ announced a collaborative research initiative leveraging IonQ’s trapped-ion quantum computing technology.

JPMorgan elevated its IonQ price target to $50 in May while maintaining a neutral stance. Jefferies established an $85 target, while Morgan Stanley set its objective at $48.50.

Company insiders have divested 13,102 shares worth approximately $701,000 over the trailing 90-day period. Institutional investors collectively control 41.42% of outstanding shares.
2026-07-16 10:17 28d ago
2026-07-16 05:04 29d ago
Premier Foods Q1 Earnings Call Highlights
PINC Premier
FMP Stock News
Original source text
Premier Foods LON: PFD said first-quarter sales rose as growth in its branded portfolio offset continued pruning of lower-margin non-branded grocery contracts, and the company left its trading profit expectations for the year unchanged.

Chief Executive Alex Whitehouse told analysts that the update covered the 13 weeks to June 27 and said the company was “on track at this early stage in the year.” Group sales increased 2.7%, while U.K. branded sales rose 3.8%. Overall branded sales were up 4%, which Whitehouse said was ahead of the market and helped the company gain further market share.

Whitehouse attributed the performance to Premier Foods’ “Branded Growth Model,” which he described as a focus on leading brands, consumer-led product development, advertising and marketing, digital engagement and close work with retailers on category growth and in-store execution.

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Sweet Treats Led by Mr Kipling Growth Branded sweet treats sales rose 6.6% in the quarter, led by Mr Kipling, which grew by more than 9%. Whitehouse said Premier Foods’ branded sweet treats have now grown by an average of 8% over the last 11 quarters.

He said innovation continued to support the category, alongside strength in the core product ranges. Recent launches included Mr Kipling Birthday Cake Slices, which followed the company’s Birthday Cake Tarts, and a new range of Mr Kipling Whirls in flavors including Cookies & Cream. Whitehouse said the birthday cake flavor was inspired by a trend observed in the U.S., while the Whirls range was designed to appeal to younger consumers.

Other recent innovation included Mr Kipling Cake Bites, aimed at sharing and portion control, and Mr Kipling Breakfast Bakes, which the company said target a different time of day from much of the brand’s existing consumption.

Grocery Brands Grow, Non-Branded Business Still Being Reshaped Premier Foods’ branded grocery sales increased 3% from a year earlier. New products included Ambrosia custard pouches, which Whitehouse described as convenient lunchbox options containing 100 calories per pouch; Loyd Grossman premium cooking sauce kits in a three-step format; and Nissin Kanzen meals in a pot, which he said contain more than 20 grams of protein and 26 essential vitamins and minerals.

The company also cited contributions from products launched last year, including OXO Bone Broth and Angel Delight Bubble Jelly, which Whitehouse said supported sales growth and share gains.

Non-branded sweet treats sales increased 5.3%, helped by stronger volumes in pies and tarts and a contract win for cake slices. Whitehouse said the company now expects modest growth in non-branded sweet treats for the year.

Non-branded grocery sales were GBP 2.5 million lower in the quarter as Premier Foods continued to exit some contracts. Whitehouse said the company has been “right-sizing” that part of the business, with a medium-term aim for non-branded operations to be flat or deliver modest low-single-digit growth.

In response to a question from Jefferies analyst Andrew Wade, Whitehouse said the exited contracts represented “relatively hollow revenue” with little or no profit impact. He said the non-branded grocery business is now smaller but “significantly more profitable,” though it will take longer to complete that process than in sweet treats.

Acquired Brands and New Categories Continue to Expand Sales in new categories increased 16% from last year, following 38% growth in the comparable period a year earlier. Whitehouse highlighted Cape Herb & Spice as a strong performer, saying it had become an established presence in the market and helped reduce seasonality in the grocery business by supporting meals and barbecue occasions.

He also pointed to FUEL10K yogurt and granola, a chilled product launched last year that combines protein-enriched yogurt with granola in a separate lid.

Premier Foods said its three acquired brands — The Spice Tailor, FUEL10K and Merchant Gourmet — each grew sales by double digits in the quarter. Merchant Gourmet saw growth across its range, including new Gourmet Baked Beans. FUEL10K continued to gain share in granola, with Whitehouse noting that its Chocolate Granola remained the No. 1 granola product in the U.K. market. The Spice Tailor’s core Indian kits range also performed strongly, with brand sales growing in the teens percentage range.

Whitehouse said the company continues to look for acquisition opportunities in “future focused brands” where it can apply its branded growth model, while noting that Premier Foods remains selective.

International Sales Rise as Australia Stabilizes International sales rose 6% at constant currency and 7% on a reported basis. Whitehouse said Premier Foods’ focus markets remain Australasia, North America and EMEA, with attention on Mr Kipling, Sharwood’s, The Spice Tailor and FUEL10K.

In Europe, sales grew by double digits, supported by the launch of FUEL10K in the Netherlands, Germany and France. Whitehouse said the Netherlands had achieved the most significant distribution, with granola and porridge pots listed in Albert Heijn.

North America also delivered double-digit growth. In Canada, Premier Foods saw higher sales of The Spice Tailor, while in the U.S. growth reflected new distribution for Mr Kipling slices and pies that began in the second half of last year, as well as more recent listings.

In Australia, The Spice Tailor sales grew more than 20%, helped by a multi-channel marketing campaign that included television advertising and a retail experience in a major shopping center. Whitehouse said cake sales in Australia had stabilized as retailer stock levels began to normalize.

Asked by Investec analyst Matthew Webb why international growth was 6% despite double-digit growth in several regions, Whitehouse said Australia is a much larger and more established market for Premier Foods, and overall sales there were “pretty flat” as stock levels continued to normalize. He said the outcome was better than expected and that the company had made progress working with retailers on logistics and ordering levels.

Q&A: Ireland, Input Costs and Easter Timing Peel Hunt analyst Charles Hall asked about Ireland, where Premier Foods moved from a distributor arrangement to direct retail delivery with a significant retailer. Whitehouse said the change created a one-off first-quarter impact as distributor stocks were run down, amounting to “a couple of million GBP or so” of branded grocery sales. He said the direct relationship is more efficient, saves money and gives the company more control.

On input costs and pricing, Whitehouse said the picture was similar to previous guidance. While the company was monitoring developments closely, he said it did not currently appear to need pricing action.

Wade also asked about the cadence of innovation. Whitehouse said there had been a “subtle change” over several years, with Premier Foods focusing less on the absolute number of new products and more on ideas with greater potential scale. He cited OXO Bone Broth as a product the company expects can scale to several million pounds of turnover.

Webb asked about the timing of Easter, noting prior comments that some sales had benefited the previous fourth quarter. Whitehouse confirmed that deliveries ahead of Easter had boosted the fourth quarter at the expense of the first quarter, and said first-quarter branded grocery and sweet treats would have been stronger on a like-for-like Easter timing basis.

Whitehouse closed the call by saying the first quarter is not Premier Foods’ largest period, with demand typically stronger later in the year when weather turns colder, but said the company was “off to a good start” and reiterated that there was no change to the outlook for the year.

About Premier Foods LON: PFDPremier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.

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

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2026-07-16 10:13 28d ago
2026-07-16 10:10 29d ago
Zlato, dolar a Mag7 jako světové rezervní aktivum Patria Stock News
Original source text
V zájmu Číny je silná americká ekonomika, nízké ceny ropy, umělá inteligence se posouvá do situace „příliš velké na to, aby padly,“ rychlý růst zisků obchodovaných společností je do značné míry tažen růstem cen akcií. O tom mimo jiné diskutovali Peter Boockvar z One Point BFG Wealth Partners a Louis-Vincent Gave ze společnosti Gavekal na RiskReversal Media (viz předchozí články) a pak se rozhovor stočil k medvědímu trhu na amerických vládních dluhopisech a k dolaru.

Boockvar poukázal na vývoj výnosů dlouhodobějších vládních dluhopisů v USA, který podle něj ukazuje, že nyní už jde o medvědí trh. Investoři již nechtějí tolik investovat do dlouhodobějších obligací, což je i odrazem toho, jak hospodaří americká vláda. „Pokud to bude trvat, bude to mít velké dopady,“ dodal. Gave souhlasí s tím, že medvědí trh začal fakticky už před lety, projevují se vysoké rozpočtové deficity a zadlužování americké vlády s tím, že „nejjednodušší cesta, jak je řešit, je inflace.“ I když současné prostředí není vysokoinflační, je podle investora otázkou, proč nyní držet americké dluhopisy.

Významnou roli by mohl hrát i vývoj v Japonsku, kde oslabuje jen a rostou výnosy obligací. Gave si myslí, že situace může dojít do fáze, kdy už budou pro zahraniční investory japonské dluhopisy dost atraktivní, a to se projeví na poptávce po dluhopisech v jiných zemích včetně USA. K tomu dodal, že problémy na vládních dluhopisech jsou většinou vztahovány k míře zadlužení měřené výší dluhů relativně k produktu. Minulé krize ale jasně ukazují, že problémem není tento poměr, ale to, jak velkou část vládních dluhopisů drží zahraniční subjekty. Ukázalo se to v řadě případů, od Argentiny po Řecko.

Spojené státy podle experta nejsou v situaci, kdy by jim podobná krize hrozila. Jejich dluhopisy a akcie totiž mají hodnotu a při určitých cenách a valuacích se vždy najdou zájemci o jejich koupi. „Pokud se Microsoft bude obchodovat s poměrem cen k ziskům na 15, budu to kupovat celý den,“ dodal investor. Je to tedy jiná situace, než byla například v Řecku, otázkou je, jak na tom jsou země jako třeba Francie nebo Velká Británie. K tomu Gave jako Francouz v žertu dodal, že Francie je nyní exportní velmocí, co se týče hráčů fotbalu, protože 100 hráčů na současném mistrovství má původ v této zemi. „Máme víno, luxusní zboží a fotbalové hráče.“

K dolaru Boockvar řekl, že akcie společností ve skupině Mag7 se v určitém smyslu staly světovým rezervním aktivem. Investovala do nich totiž dlouhá řada zahraničních subjektů. Oba experti se pak shodli na tom, že pokud by sázky na americké technologické společnosti a umělou inteligenci začaly ztrácet na síle, projevilo by se to slabostí kurzu americké měny. Gave k tomu dodal, že se výrazně posunula očekávání ohledně vývoje sazeb v USA, od jejich snižování ke zvedání. Dolar ale přesto moc nereagoval, zatímco došlo k prudkému posílení renminbi, což odráží změnu v čínské kurzové politice. Diskutovalo se o tom, že Čína buduje svou verzi SWIFT systému a celkově probíhá odklon od dolaru. Nejde ale o žádný skok, spíše o postupný proces.

Ke zlatu Gave zmínil, že významným trhem pro fyzickou formu této komodity je Dubaj, konkrétně jde asi o čtvrtinu globálních transakcí. Pokud tedy došlo k uzavření letiště v této zemi kvůli vývoji kolem Íránu, znamenalo to velkou změnu na světovém trhu. Poslední roky pak celkově ukázaly, že trh se pohybuje v cyklech. Ten poslední nastartoval konflikt na Ukrajině, změny postojů k Rusku a následný růst poptávky po zlatě daný obavami některých zemí a centrálních bank z toho, že by se s nimi mohlo v budoucnu jednat podobně. Tehdejší krize tak ukázala, že zlato je lepší než vládní dluhopisy.

Krize kolem Hormuzu ale ukázala, že ještě lepší než zlato jsou komodity a materiály, které daná země potřebuje ke svému chodu. Třeba v případě Indie to byla hnojiva, v případě USA zase vzácné kovy a celkově se tak pozornost posunula ke strategickým rezervám. „Jsem stále býkem u zlata, ale mnohem více u jiných komodit,“ dodal k této úvaze Gave.
2026-07-16 10:12 29d ago
2026-07-16 05:32 29d ago
Silver price today: Silver falls, according to FXStreet data
SILVER Stříbro
FMP Forex News
Original source text
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $57.00 per troy ounce, down 1.34% from the $57.77 it cost on Wednesday.

Silver prices have decreased by 19.82% since the beginning of the year.

The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 70.78 on Thursday, up from 70.29 on Wednesday.

Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
2026-07-16 10:02 29d ago
2026-07-16 04:56 29d ago
Best Growth Stocks to Buy for July 16th
KNX Knight Transportation
FMP Stock News
Original source text
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 16:

Alliance Laundry Holdings Inc. (ALH - Free Report) : This commercial laundry systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

Alliance Laundry Holdings has a PEG ratio of 1.20 compared with 1.35 for the industry. The company possesses a Growth Score of A.

National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.

National Energy Services Reunited has a PEG ratio of 0.36 compared with 0.64 for the industry. The company possesses a Growth Score of B.

Knight-Swift Transportation Holdings Inc. (KNX - Free Report) : This integrated downstream energy company carriesa Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Knight-Swift Transportation Holdings has a PEG ratio of 0.91 compared with 1.69 for the industry. The company possesses a Growth Score of B.

See the full list of top-ranked stocks here.

Learn more about the Growth score and how it is calculated here.
2026-07-16 09:59 29d ago
2026-07-16 04:25 29d ago
Why JB Hunt Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket
JBHT JB Hunt Transport Services
FMP Stock News
Original source text
JB Hunt Transport reported quarterly earnings of $1.91 per share, which beat the analyst estimate of $1.71 by 11.7%, according to Benzinga Pro data. Quarterly revenue came in at $3.5 billion, which beat the Street estimate of $3.24 billion and was up from $2.93 billion in the same period last year.

J B Hunt Transport Services shares jumped 7.9% to $298.14 in pre-market trading.

Here are some other stocks moving in pre-market trading.

GainersLosersPhoto via Shutterstock

Market News and Data brought to you by Benzinga APIs

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

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2026-07-16 09:59 29d ago
2026-07-16 05:00 29d ago
J.B. Hunt: Surging Freight Market Justifies The Rally
JBHT JB Hunt Transport Services
FMP Stock News
Original source text
J.B. Hunt Transport has surged 86% over the past year, fueled by a sharp freight market recovery and strong Q2 results. JBHT delivered $1.91 EPS on $3.5 billion revenue, with margin expansion driven by $135 million in cost cuts and robust intermodal growth. Structural industry shifts, including a Supreme Court ruling and tight capacity, favor large brokers like JBHT, enabling further market share gains.
2026-07-16 09:57 29d ago
2026-07-16 04:45 29d ago
AST SpaceMobile Stock Drops Again and It's About More Than SpaceX
ASTS AST SpaceMobile
FMP Stock News
Original source text
AST SpaceMobile stock has fallen 27% in the past three months and its latest debt offering isn't helping.
2026-07-16 09:37 29d ago
2026-07-16 05:02 29d ago
GBP/USD Price Forecast: Dip-buying favored on pullbacks below 1.3500
GBPUSD GBP/USD
FMP Forex News
Original source text
The GBP/USD pair attracts some sellers on Thursday and erodes a part of the previous day's strong gains to an over two-month high, around the 1.3555-1.3560 region. Spot prices stick to modest intraday losses around the 1.3525 zone through the first half of the European session, though the broader setup favors bullish traders and warrants caution before positioning for any further fall.

As investors digest this week's soft US Consumer Price Index (CPI) and Producer Price Index (PPI) reports, elevated crude oil prices revive energy-driven inflation fears and US Federal Reserve (Fed) rate hike expectations. This, along with escalating US-Iran tensions, offers some support to the safe-haven US Dollar (USD) and turns out to be a key factor exerting pressure on the GBP/USD pair.

The British Pound (GBP), on the other hand, might continue to draw support from easing UK political uncertainty and growing optimism over the UK's fiscal outlook. In fact, the incoming UK Prime Minister, Andy Burnham, has pledged to anchor his policy agenda on fiscal discipline and is expected to pick a fiscally conservative finance minister. This helps limit the downside for the GBP/USD pair.

From a technical perspective, the overnight breakout through the 61.8% Fibonacci retracement level of the May-June fall was seen as a fresh trigger for bulls against the backdrop of the recent repeated rebounds from the 1.3350 confluence. A subsequent strength beyond the 1.3500 psychological mark validates the constructive outlook for the GBP/USD pair and backs the case for further gains.

Moreover, the Moving Average Convergence Divergence (MACD) histogram is positive, and the line remains above zero. That said, the Relative Strength Index (RSI) at 72.2 signals overbought conditions that could slow the pace of gains rather than reverse the broader constructive tone. This makes it prudent to wait for some near-term consolidation or a modest pullback before the next leg up.

Meanwhile, immediate resistance is seen at the 78.6% Fibo. level at 1.3547, ahead of the recent cycle high, and at 1.3657, which would be the next target if bulls extend control. On the downside, initial support is located at the 61.8% retracement at 1.3461, followed by the 50.0% level at 1.3401. Deeper pullbacks would find a stronger demand around the 200-period SMA and the 38.2% level confluence at 1.3345-1.3340.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

GBP/USD 4-hour chart

Pound Sterling Price This week The table below shows the percentage change of British Pound (GBP) against listed major currencies this week. British Pound was the strongest against the Japanese Yen.

USDEURGBPJPYCADAUDNZDCHFUSD-0.55%-0.98%0.23%-0.81%-0.75%-1.53%-0.11%EUR0.55%-0.45%0.80%-0.27%-0.25%-0.99%0.45%GBP0.98%0.45%1.21%0.18%0.20%-0.54%0.95%JPY-0.23%-0.80%-1.21%-1.13%-0.98%-1.80%-0.39%CAD0.81%0.27%-0.18%1.13%0.15%-0.68%0.78%AUD0.75%0.25%-0.20%0.98%-0.15%-0.74%0.61%NZD1.53%0.99%0.54%1.80%0.68%0.74%1.50%CHF0.11%-0.45%-0.95%0.39%-0.78%-0.61%-1.50% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
2026-07-16 09:37 29d ago
2026-07-16 05:30 29d ago
EURGBP – Bears Take a Breather Above 13-Month Low
EURGBP EUR/GBP
FMP Forex News
Original source text
EURGBP edges higher in early Thursday after hitting 13-month low following 0.8% drop on Wednesday (the biggest daily loss since June 22), when the pound was strongly lifted by signals that new PM Burnham will pick a fiscally conservative finance minister to be in charge of handling fragile public finances.

Oversold daily studies contributed to partial profit-taking after strong fall on Wednesday, with limited upticks seen rather as positioning for fresh push lower, as larger downtrend remains intact.

Technical picture on daily chart remains bearish, though with overstretched momentum studies that open way for some corrective action.

Falling 10DMA (0.8520) should ideally cap and guard upper breakpoints at 0.8550 zone (broken 50% retracement of 0.8222/0.8865 rally / 100WMA), violation of which may sideline larger bears for stronger bounce that would unmask next key barriers at 0.8600/10 zone (200WMA / former range floor and higher base).

Firm break of cracked Fibo support at 0.8467 (61.8% of 0.8222/0.8865) where bears faced strong headwinds on Wednesday / today, would signal continuation of larger downtrend and expose targets at 0.8373 (Fibo 76.4%) and 0.8355 (29 May 2025 low).

Res: 0.8500; 0.8520; 0.8550; 0.8600
Sup: 0.8467; 0.8449; 0.8373; 0.8355

Windsor Brokers Ltdhttp://www.windsorbrokers.com/

The information contained in this document was obtained from sources believed to be reliable, but its accuracy or completeness cannot be guaranteed. Any opinions expressed herein are in good faith, but are subject to change without notice. No liability accepted whatsoever for any direct or consequential loss arising from the use of this document.
2026-07-16 09:29 29d ago
2026-07-16 03:44 29d ago
CoreWeave Has Fallen 49% From Its 52-Week High. Is the Beaten-Down AI Stock a Bargain or a Value Trap?
CRWV CoreWeave
FMP Stock News
Original source text
Few stocks capture the AI infrastructure boom -- and its risks -- quite like CoreWeave (CRWV 3.58%). The company rents out the high-end computing power that trains and runs AI models, and demand for it has been ferocious. Yet as of this writing, shares sit near $77 -- about 49% below the 52-week high of $153.20.

The latest leg down has a specific cause. Earlier this month, reports surfaced that Meta Platforms plans to build its own AI cloud business and sell excess capacity to outside customers. Meta happens to be one of CoreWeave's largest customers, so the news raised an uncomfortable possibility: one of the company's biggest buyers may be about to become a competitor.

Shares have fallen for four straight sessions since. For dip buyers, a decline like this is tempting. But a lower price only helps if the business underneath it can support the stock. So, which is this, a bargain or a value trap?

Image source: The Motley Fool.

Staggering growth The top line leaves no doubt about demand. In the first quarter of 2026, CoreWeave's revenue more than doubled, rising 112% year over year to $2.1 billion. That followed 168% growth for full-year 2025, so even as the rate cools, the company is still expanding at a pace almost no business its size can match.

The backlog is just as eye-catching. CoreWeave signed more than $40 billion of new contracts during the quarter, lifting its revenue backlog to $99.4 billion. That figure dwarfs the roughly $12.5 billion in revenue it expects to generate this year, and on paper it offers years of visibility.

Today's Change

(

-3.58

%) $

-2.86

Current Price

$

77.08

Management still guides for $12 billion to $13 billion in revenue this year, with the exit rate climbing toward $18 billion to $19 billion annualized. Few companies grow into their promises this fast.

The physical footprint is scaling to match. The company now holds more than 3.5 gigawatts of contracted power and recently surpassed 1 gigawatt of actual capacity, a milestone only a handful of cloud operators have ever reached.

The trouble is what all of this costs. CoreWeave is borrowing heavily to buy graphics processing units, lease data centers, and secure power, and the bills are climbing faster than sales.

Its first-quarter net loss more than doubled to $740 million, from $315 million a year earlier, and it widened from a $452 million loss in the prior quarter. Net interest expense alone more than doubled year over year, to $536 million, as the debt load grew.

The spending, meanwhile, is only accelerating. Management expects capital expenditures of $31 billion to $35 billion this year, against that same roughly $12.5 billion in revenue. The demand is not in doubt. The economics are.

The Meta problem and the price The Meta news sharpens the risk considerably. CoreWeave holds a roughly $21 billion agreement with Meta that runs through 2032, so one of its largest customers is reportedly building the very capability CoreWeave sells.

To be fair, that agreement still binds Meta as a paying customer for now, which limits the near-term damage. CoreWeave's customer base is broadening, too, with recent deals signed alongside AI labs such as Anthropic and Cohere.

But those customers share a trait -- they are deep-pocketed enough to build their own capacity over time, exactly as Meta is now doing. When one of your biggest buyers decides it can do the job itself, the long-term pricing power of the whole industry arguably starts to look shakier.

Then there's the valuation. CoreWeave isn't profitable, so there's no price-to-earnings ratio to lean on. Measured against sales, its roughly $42 billion market capitalization works out to about 3.3 times this year's expected revenue.

That might look reasonable for a fast-growing software company. But CoreWeave isn't software. It's a capital-intensive, heavily indebted infrastructure business with no profits in sight and a customer list that now includes its newest rival.

So is the sell-off an opportunity or a warning? To me, it's a warning. CoreWeave is executing an ambitious plan in a booming market, and its top-line growth is hard to fault. But the road to durable profits runs through tens of billions in spending, a mountain of debt, and pricing power that its own customers are working to erode. That is more uncertainty than I want to underwrite. I'd stay on the sidelines and look for AI exposure where the path to profitability is clearer.
2026-07-16 09:27 29d ago
2026-07-16 04:11 29d ago
Gold: Fed repricing supports but upside capped by energy risks – ING
GOLD Zlato
FMP Forex News
Original source text
ING strategists Warren Patterson and Ewa Manthey report Gold has risen for a second session as softer US producer price data weighs on the Dollar and Treasury yields, reducing expectations of near-term Federal Reserve tightening. Markets now assign a much lower probability to a July rate hike, which supports Gold. However, they caution that ongoing Middle East tensions and elevated energy prices could limit upside.

Lower Fed odds aid bullion"Gold rose for a second straight session as softer-than-expected US producer price data weighed on the dollar and Treasury yields."

"Lower energy costs helped ease inflation pressures, reducing expectations of near-term Federal Reserve tightening."

"Markets now price only a 12% chance of a July rate hike, down from almost 31% a week ago. Lower rate expectations are supportive for gold."

"But we believe upside could remain limited in the near term if Middle East tensions continue to support energy prices and keep inflation risks elevated."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
2026-07-16 09:27 29d ago
2026-07-16 04:15 29d ago
USD/CHF Price Forecast: Bulls have the upper hand above 0.8000 resistance-turned-support
USDCHF USD/CHF
FMP Forex News
Original source text
The USD/CHF pair struggles to capitalize on a modest intraday uptick on Wednesday and trades around the 0.8060 area during the early European session, just above the weekly low touched the previous day.

The US Dollar (USD) struggles to attract any meaningful buyers as traders pared their bets for an immediate US Federal Reserve (Fed) rate hike in the wake of soft US inflation figures, released this week. This, in turn, acts as a tailwind for the USD/CHF pair. However, concerns about energy-driven keep Fed rate hike prospects on the table, which, along with escalating US-Iran tensions, lend some support to the safe-haven buck and should limit the downside for the currency pair.

From a technical perspective, the USD/CHF pair, so far, has managed to hold above a key horizontal resistance breakpoint, now turned support, near the 0.8000 psychological mark, and the very important 200-day Simple Moving Average (SMA). This keeps the near-term bias mildly bullish, though mixed momentum indicators warrant some caution. The Relative Strength Index (RSI) around 52 suggests a neutral-to-constructive momentum backdrop rather than overbought conditions.

However, the Moving Average Convergence Divergence (MACD) line stays below zero, hinting that upside progress is gradual and vulnerable to pauses despite the pair trading above its main trend gauge. Nevertheless, any subsequent slide is more likely to attract some buyers near the 0.8000 mark, with stronger underlying demand at the 200-day SMA near 0.7919. As long as the USD/CHF pair holds above the latter level, the broader technical structure favors bullish traders.

On the top side, the 0.8100 mark now seems to act as an immediate hurdle, above which spot prices could climb to mid-0.8100s, or the highest since July 2025, touched on Tuesday. A sustained strength beyond will set the stage for an extension of the recent upward trajectory from 0.7760 or the May swing low.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Swiss Franc FAQs The Swiss Franc (CHF) is Switzerland’s official currency. It is among the top ten most traded currencies globally, reaching volumes that well exceed the size of the Swiss economy. Its value is determined by the broad market sentiment, the country’s economic health or action taken by the Swiss National Bank (SNB), among other factors. Between 2011 and 2015, the Swiss Franc was pegged to the Euro (EUR). The peg was abruptly removed, resulting in a more than 20% increase in the Franc’s value, causing a turmoil in markets. Even though the peg isn’t in force anymore, CHF fortunes tend to be highly correlated with the Euro ones due to the high dependency of the Swiss economy on the neighboring Eurozone.

The Swiss Franc (CHF) is considered a safe-haven asset, or a currency that investors tend to buy in times of market stress. This is due to the perceived status of Switzerland in the world: a stable economy, a strong export sector, big central bank reserves or a longstanding political stance towards neutrality in global conflicts make the country’s currency a good choice for investors fleeing from risks. Turbulent times are likely to strengthen CHF value against other currencies that are seen as more risky to invest in.

The Swiss National Bank (SNB) meets four times a year – once every quarter, less than other major central banks – to decide on monetary policy. The bank aims for an annual inflation rate of less than 2%. When inflation is above target or forecasted to be above target in the foreseeable future, the bank will attempt to tame price growth by raising its policy rate. Higher interest rates are generally positive for the Swiss Franc (CHF) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken CHF.

Macroeconomic data releases in Switzerland are key to assessing the state of the economy and can impact the Swiss Franc’s (CHF) valuation. The Swiss economy is broadly stable, but any sudden change in economic growth, inflation, current account or the central bank’s currency reserves have the potential to trigger moves in CHF. Generally, high economic growth, low unemployment and high confidence are good for CHF. Conversely, if economic data points to weakening momentum, CHF is likely to depreciate.

As a small and open economy, Switzerland is heavily dependent on the health of the neighboring Eurozone economies. The broader European Union is Switzerland’s main economic partner and a key political ally, so macroeconomic and monetary policy stability in the Eurozone is essential for Switzerland and, thus, for the Swiss Franc (CHF). With such dependency, some models suggest that the correlation between the fortunes of the Euro (EUR) and the CHF is more than 90%, or close to perfect.