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Interactive Brokers, one of the largest electronic brokerage firms in the US, has added Aptos (APT) to its cryptocurrency trading platform as part of a broader nine-token expansion. The move gives IBKR’s substantial client base, which skews heavily toward active traders and institutional participants, direct access to the Layer 1 blockchain token without needing to leave their existing brokerage accounts.

What IBKR is actually offering The July 14 integration brought APT alongside other tokens including AAVE, LDO, NEAR, and UNI to IBKR’s crypto trading desk. That’s a meaningful expansion from the brokerage’s early, cautious steps into crypto, which began back in 2021 with limited offerings routed through Paxos.

Commissions for crypto trades on the platform range from 0.12% to 0.18% of the transaction value, with a minimum fee of $1.75 per order. No additional custody fees or spreads are tacked on. If you buy $10,000 worth of APT, you’re paying somewhere between $12 and $18 in commissions.

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The backend infrastructure relies on a partnership with Zerohash for trade execution, while Paxos Trust Company and Zero Hash LLC handle custodial services.

Why Aptos specifically matters here Aptos was built by a team of engineers who previously worked on Meta’s Diem project (formerly Libra), the stablecoin initiative that regulators effectively killed before it could launch. The Aptos mainnet went live on October 18, 2022, with a genesis date of October 12 that same year. Its core selling point is speed: the network achieves sub-second finality on transactions. APT serves as the native token powering staking, governance, and network operations across the ecosystem.

The blockchain was designed from the ground up with scalability and security as primary engineering goals. That focus has attracted increasing institutional interest throughout 2026, with network-level security enhancements and tokenomics proposals continuing to evolve in the background.

The bigger picture: TradFi keeps absorbing crypto By keeping commissions between 0.12% and 0.18% with no hidden custody charges, IBKR is making a play to undercut many crypto-native platforms that rely on wider spreads or tiered fee structures. The $1.75 minimum per order applies to all crypto trades on the platform.

What this means for investors For APT holders and potential buyers, the IBKR listing represents a meaningful expansion of the token’s addressable market. IBKR’s client base includes hedge funds, proprietary trading firms, financial advisors, and sophisticated retail traders — segments that often have significant capital to deploy but have historically been reluctant to open accounts on crypto-native exchanges.

APT remains a relatively young blockchain competing in a crowded Layer 1 landscape against established players like Solana, Avalanche, and Ethereum’s expanding rollup ecosystem. Getting listed on IBKR doesn’t change the fundamental competitive dynamics.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

So What: If you purchased Calix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
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Toll Free: (866) 767-3653
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MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034 (the “Notes”) in a private offering (the “Notes Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The sale of the Notes to the initial purchasers is expected to settle on July 20, 2026, subject to customary closing conditions.

Key Elements of the Transaction:

$1.0 billion 1.625% convertible senior notes due 2034, which have an initial conversion price of approximately $79.57 per share of AST SpaceMobile’s Class A common stock, which represents a premium of approximately 20.0% over the last reported sale price of AST SpaceMobile’s Class A common stock on July 15, 2026. Capped call transactions entered into in connection with the pricing of the Notes have an initial cap price of $149.20 per share of AST SpaceMobile’s Class A common stock, which represents a premium of 125.0% over the last reported sale price of AST SpaceMobile’s Class A common stock on July 15, 2026. Option to Purchase Additional Notes:

AST SpaceMobile also granted the initial purchasers of the Notes in the Notes Offering an option to purchase, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued, up to an additional $150.0 million aggregate principal amount of Notes.

Use of Proceeds:

AST SpaceMobile estimates that the net proceeds from the Notes Offering will be approximately $983.6 million (or approximately $1,131.2 million if the initial purchasers’ option to purchase additional Notes is exercised in full), after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by AST SpaceMobile. AST SpaceMobile intends to use $96.9 million of the net proceeds from the Notes Offering to pay the cost of the capped call transactions described below. AST SpaceMobile intends to use the remaining net proceeds from the Notes Offering to pursue an expanding universe of growth initiatives and secure additional access to orbit for its space-based cellular broadband network, including partnerships and/or acquisitions to further vertically integrate its business and mitigate risks associated with third-party launch providers. AST SpaceMobile currently does not have any understandings or agreements with respect to any such strategic transactions. If the initial purchasers exercise their option to purchase additional Notes, AST SpaceMobile expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions with the option counterparties (as defined below), with the remainder of the net proceeds to be used as described above.

Additional Details of the Notes:

The Notes will be senior, unsecured obligations of AST SpaceMobile. The Notes will accrue interest at an annual rate of 1.625%, payable semiannually in arrears on February 1 and August 1 of each year, beginning on February 1, 2027. The Notes will mature on February 1, 2034, unless earlier converted or repurchased.

Prior to the close of business on the business day immediately preceding November 1, 2033, noteholders will have the right to convert their Notes only upon the satisfaction of specified conditions and during certain periods. On or after November 1, 2033 and until the close of business on the second scheduled trading day immediately preceding February 1, 2034, noteholders may convert their Notes at any time regardless of these conditions. The initial conversion rate will be 12.5672 shares of AST SpaceMobile’s Class A common stock per $1,000 principal amount of Notes (equivalent to an initial conversion price of approximately $79.57 per share of AST SpaceMobile’s Class A common stock, which represents a premium of approximately 20.0% over the last reported sale price of $66.31 per share of AST SpaceMobile’s Class A common stock on the Nasdaq Global Select Market on July 15, 2026), subject to adjustment in certain circumstances. AST SpaceMobile will settle conversions of Notes by paying or delivering, as the case may be, cash, shares of AST SpaceMobile’s Class A common stock, or a combination thereof, at AST SpaceMobile’s election.

The Notes will not be redeemable at AST SpaceMobile’s option prior to the maturity date, and no sinking fund is provided for the Notes.

Noteholders will have the right, subject to certain conditions and exceptions described in the indenture governing the Notes (the “indenture”), to require AST SpaceMobile to repurchase for cash all or a portion of their Notes upon the occurrence of a fundamental change (as defined in the indenture) at a purchase price of 100% of their principal amount plus accrued and unpaid interest, if any, to, but excluding, the relevant repurchase date. In addition, following certain corporate events that occur prior to February 1, 2034, AST SpaceMobile will, in certain circumstances, increase the conversion rate for a noteholder who elects to convert its Notes in connection with such corporate events.

Capped Call Transactions:

In connection with the pricing of the Notes, AST SpaceMobile entered into capped call transactions with certain of the initial purchasers of the Notes or affiliates thereof and other financial institutions (the “option counterparties”). The capped call transactions cover, subject to customary adjustments, the number of shares of AST SpaceMobile’s Class A common stock initially underlying the Notes. The capped call transactions are expected generally to reduce the potential dilution to AST SpaceMobile’s Class A common stock upon any conversion of Notes and/or offset any cash payments AST SpaceMobile is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap. The cap price of the capped call transactions is initially $149.20 per share, which represents a premium of 125.0% over the last reported sale price of AST SpaceMobile’s Class A common stock of $66.31 per share on the Nasdaq Global Select Market on July 15, 2026, and is subject to certain adjustments under the terms of the capped call transactions.

In connection with establishing their initial hedges of the capped call transactions, AST SpaceMobile expects the option counterparties or their respective affiliates will enter into various derivative transactions with respect to AST SpaceMobile’s Class A common stock and/or purchase shares of AST SpaceMobile’s Class A common stock concurrently with or shortly after the pricing of the Notes, including with, or from, as the case may be, certain investors in the Notes. This activity could increase (or reduce the size of any decrease in) the market price of AST SpaceMobile’s Class A common stock or the Notes at that time.

In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to AST SpaceMobile's Class A common stock and/or purchasing or selling AST SpaceMobile’s Class A common stock or other securities of AST SpaceMobile in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so during the 20 trading day period beginning on the 21st scheduled trading day prior to the maturity date of the Notes, or, to the extent AST SpaceMobile exercises the relevant termination election under the capped call transactions, following any repurchase or conversion of the Notes). This activity could also cause or avoid an increase or a decrease in the market price of AST SpaceMobile’s Class A common stock or the Notes, which could affect a noteholder’s ability to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of Notes, it could affect the number of shares, if any, and value of the consideration that a noteholder will receive upon conversion of its Notes.

The Notes are only being offered and will only be sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act by means of a private offering memorandum. Neither the Notes nor the shares of AST SpaceMobile’s Class A common stock potentially issuable upon conversion of the Notes, if any, have been, or will be, registered under the Securities Act or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States, except pursuant to an applicable exemption from, or in a transaction not subject to, such registration requirements.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of the Notes or any shares of AST SpaceMobile’s Class A common stock potentially issuable upon conversion of the Notes and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.

About AST SpaceMobile

AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio, designed for both commercial and government applications. Our engineers and space scientists are on a mission to enable 4G and 5G space-based cellular broadband to every device, everywhere, for today’s nearly 6 billion mobile subscribers globally.

Forward-Looking Statements

This communication contains “forward-looking statements” that are not historical facts, including statements concerning the completion of the Notes Offering, the potential effects of entering into the capped call transactions, and the expected use of the net proceeds from the Notes Offering. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “potential,” “will,” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Such risks include, but are not limited to, whether AST SpaceMobile will consummate the Notes Offering, prevailing market conditions, the anticipated principal amount of the Notes, which could differ based upon the exercise of the initial purchasers’ option to purchase additional Notes, the anticipated use of the net proceeds from the Notes Offering, which could change as a result of market conditions or for other reasons, whether the capped call transactions described above will become effective, the effects of entering into these transactions, and the impact of general economic, industry or political conditions in the United States or internationally.

AST SpaceMobile cautions that the foregoing list of factors is not exclusive. AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors in AST SpaceMobile’s Form 10-K for the fiscal year ended December 31, 2025 filed with the SEC on March 2, 2026, its Form 10-Q for the fiscal quarter ended March 31, 2026 filed with the SEC on May 11, 2026 and the future reports that it may file from time to time with the SEC. AST SpaceMobile’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, AST SpaceMobile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

More News From AST SpaceMobile, Inc.

Silver price (XAG/USD) extends its losses for the second successive day, trading around $57.00 per troy ounce during the Asian hours on Thursday. The price of the non-yielding white metal faces significant challenges as rising US-Iran tensions boost oil prices and spark fresh inflation concerns. This geopolitical friction threatens to prolong the Federal Reserve's (Fed) higher interest rate environment.

The Guardian reported that the US Central Command (CENTCOM) launched another wave of strikes in a concerted effort to keep the critical Strait of Hormuz waterway open. In a direct escalation of hostilities, CENTCOM confirmed that US aircraft fired missiles into an oil tanker’s smokestack within the strategic passage, effectively disabling the vessel and keeping global markets on edge. When questioned on whether Iran faces a strict timeline before the US begins targeting domestic infrastructure, such as Iranian bridges, US President Donald Trump stated to reporters that he "does not like giving deadlines."

Amid this escalating conflict in the Middle East, traders are closely assessing the Federal Reserve's policy outlook in light of recently softened US inflation data. Tuesday’s US Consumer Price Index (CPI) declined to 3.5% in June from the three-year high of 4.2% set in May, coming in well below the market expectation of 3.8%. This weaker consumer inflation data initially helped reduce immediate concerns that the Fed would soon raise interest rates.

Further supporting this cooling trend, Wednesday's data showed the US Producer Price Index (PPI) declined to 5.5% on a yearly basis in June, down from 6% in May and below the market expectation of 6.2%. On a monthly basis, the PPI dropped by 0.3%, a notable shift from the 0.6% increase recorded in May and an improvement compared to analysts' estimates of no change.

Consequently, markets scaled back expectations for a Fed rate hike in September, with the implied probability falling to around 44% from 50% just a day earlier. However, because the interim peace agreement reached last month has effectively unraveled, June’s inflation data does not yet capture the economic impact of this latest military escalation between the US and Iran.

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.

Power is a major constraint in the artificial intelligence (AI) build-out, and CoreWeave (CRWV 3.58%) is positioned at the center of it. The company has more than 1 gigawatt of active power and is aiming for more than 8 gigawatts by 2030.

Gigawatts have become highly lucrative, with tech giants eager to sign long-term deals for this type of AI infrastructure. Just as AI chips and memory chips produced trillion-dollar stocks in the blink of an eye, power constraints can do the same, and CoreWeave is well-positioned for that scenario.

However, a $1 trillion valuation would require CoreWeave to more than 20x from current levels. How realistic is that, actually? Here's what investors should know when assessing whether CoreWeave can become a $1 trillion company.

Image source: Getty Images.

Dissecting the 8-gigawatt target If CoreWeave can reach its 8-gigawatt target by 2030, it has a real shot at becoming a $1 trillion company. However, that's a major "if," and it also assumes CoreWeave increasingly shifts away from renting data center space and owns a higher percentage of its gigawatts.

Today's Change

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Here's the good part about the math: Since it costs $60 billion to build a 1-gigawatt data center, having 8 gigawatts of data center capacity translates into $480 billion in value. That doesn't include property appreciation or hyperscaler deals.

CoreWeave already has a 3.5-gigawatt pipeline, so it's feasible for the company to expand this pipeline to 8 gigawatts by 2030. CoreWeave has had no issue with signing new deals with hyperscalers. The company signed new long-term deals with Meta Platforms, including a $21 billion expanded AI infrastructure agreement that stretches through December 2032. The total number of megawatts involved in the deal was not disclosed.

The financial realities of building a multi-gigawatt portfolio There is enough demand for an 8-gigawatt portfolio to build a $1 trillion company if all those gigawatts had multiyear contracts and were ready to go. However, CoreWeave may be strained significantly by financial realities on the path to its 8-gigawatt target.

The first financial reality is that it costs $60 billion to build a 1-gigawatt AI data center. How will CoreWeave raise enough money to build the necessary data centers to close its 4.5-gigawatt gap? Financing, tax incentives, and energy deals can help. CoreWeave also needs to fully power its remaining pipeline and reach a deal with hyperscalers for it.

The second financial reality is that CoreWeave will face higher costs from its landlords, which could further hurt margins. The company is already burning through cash, and while competitors like Nebius and Iren can substantially improve margins in the future by owning the land, power, and other resources, CoreWeave's business model does not provide that flexibility.

Landlords will raise prices on CoreWeave, especially as it locks in lucrative long-term deals with tech giants. CoreWeave more than doubled its revenue year over year in Q1 2026, but its net losses also more than doubled in that time frame. That type of business is not sustainable, especially as costs are set to increase significantly.

Look for the pivot to owned power CoreWeave is in the right industry at the right time, but there are better trades for investors who want to multiply their money. Nebius and Iren have much better chances of reaching $1 trillion valuations because they own the power, data centers, and other resources.

CoreWeave's business model is very similar to WeWork, a company that filed for bankruptcy a few years after reaching a $47 billion valuation. WeWork aggressively committed to long-term leases for office space and rented it to various companies, hoping to profit under an arbitrage model. CoreWeave has the same business model, except its business revolves around AI data center capacity rather than office space.

CoreWeave isn't likely to suffer the same fate. Demand for commercial office space collapsed during the pandemic and never truly recovered, which crushed WeWork's business model. CoreWeave is at the center of an industry with insatiable demand.

While a collapse is unlikely, CoreWeave is guaranteed to face margin pressure if it relies heavily on renting AI data center capacity and selling it to customers. CoreWeave owns its AI chips, which helps a little.

Investors should monitor any developments around CoreWeave shifting to own its AI data centers in the future instead of signing leases. If the company can get debt financing on good terms and continue to sign good deals, it could reach a $1 trillion valuation. However, you might get more from your money with other neocloud stocks.

Get ready, Android users: Google will begin letting people download third-party apps from the Google Play Store next week, Bloomberg reports. This news comes after the five-year antitrust lawsuit filed by Epic Games, the creator of the popular video game Fortnite, concluded on Tuesday. 

Owners of Android phones in the US will be able to download third-party apps starting on July 22. 

Epic Games sued Google in 2020, claiming that Google's Play Store operated as an unlawful monopoly by restricting easy access to third-party services, such as app stores and non-Google payment methods. 

In late 2023, the court ruled in Epic's favor, and US District Judge James Donato issued a sweeping order requiring Google to open the Play Store to rival app stores. 

In November 2025, the two companies reached a settlement to modify this order, proposing an alternate solution that was made public in March of this year. The compromise would take the form of a Registered App Stores program, requiring third-party stores to remain outside the Play ecosystem as sideloaded apps rather than inside Google Play.

Then, both companies jointly withdrew this modified settlement to avoid "prolonging" the legal process. Since the compromise was scrapped, Google reverted to complying with the court's original, stricter mandate. 

The company launched a dedicated page for its Play Catalog Access Program, announcing that third-party app stores will be downloadable directly from within Google Play starting July 22. App developers will have greater visibility for their products, and their games and applications will be listed on external Android app stores.

Google's service fees will continue to apply to these downloads, while the company lowered its app purchase commissions from 30% down to 10%. As part of the settlement, developers are now allowed to offer users alternative payment methods or to distribute purchase links to their own websites. 

Google spokesperson Dan Jackson told CNET in a statement that by moving past this dispute, the tech giant can focus on launching its new global business strategy aimed at providing more store choices, lower prices and better opportunities for users and developers. 

Jackson emphasized that while Google will strictly comply with the US court's original mandate, it's "committed to maintaining Android's industry-leading security and fostering a competitive ecosystem where every app store and developer has the freedom to compete."

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7909 compared to the previous day's fix of 6.7910 and 6.7577 Reuters estimate.

PBOC FAQs The primary monetary policy objectives of the People's Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market.

The PBoC is owned by the state of the People's Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist Party (CCP) Committee Secretary, nominated by the Chairman of the State Council, has a key influence on the PBoC’s management and direction, not the governor. However, Mr. Pan Gongsheng currently holds both of these posts.

Unlike the Western economies, the PBoC uses a broader set of monetary policy instruments to achieve its objectives. The primary tools include a seven-day Reverse Repo Rate (RRR), Medium-term Lending Facility (MLF), foreign exchange interventions and Reserve Requirement Ratio (RRR). However, The Loan Prime Rate (LPR) is China’s benchmark interest rate. Changes to the LPR directly influence the rates that need to be paid in the market for loans and mortgages and the interest paid on savings. By changing the LPR, China’s central bank can also influence the exchange rates of the Chinese Renminbi.

Yes, China has 19 private banks – a small fraction of the financial system. The largest private banks are digital lenders WeBank and MYbank, which are backed by tech giants Tencent and Ant Group, per The Straits Times. In 2014, China allowed domestic lenders fully capitalized by private funds to operate in the state-dominated financial sector.

Microsoft appears to be prepping its sales team to get more competitive with the other major players in the AI industry.

At an internal meeting on Tuesday, the company’s executives outlined a plan for salespeople to negatively compare AI products from companies like OpenAI, Google, and Anthropic to its own, according to a new report from Bloomberg. The meeting, billed as a strategy session for the new fiscal year, reportedly leaned heavily on pitching the efficiency and cost-effectiveness of Microsoft’s in-house models against those of its rivals.

“Everyone else is selling parts — we’re selling the full end-to-end system. That’s the story that we all need to get out there and tell in FY27,” Executive Vice President Jay Parikh reportedly told the room.

Executive Vice President Jacob Andreou reportedly went further, delivering a presentation comparing Copilot directly to Anthropic’s chatbot Claude. According to Bloomberg, Andreou noted that, when it came to performance within Microsoft’s office apps, Anthropic’s model was “slower and less accurate, and lacked the proper security integrations,” Bloomberg writes.

TechCrunch has reached out to Microsoft and Anthropic for comment and will update this story if we hear from either outfit.

A company coaching its sales team on how to trash-talk competitors isn’t particularly surprising. What’s more notable is who Microsoft is now targeting — the same companies it has long depended on for the AI models powering its own products.

It’s just the latest move in that direction. A report earlier this month found that Microsoft has been swapping OpenAI and Anthropic’s models out of flagship apps like Word and Excel in favor of its own — a cost-cutting move, according to that report.

There was a time when Microsoft and OpenAI were attached at the hip. The two companies entered into a very unique agreement years ago that saw Microsoft provide capital and compute to OpenAI while allowing Microsoft to enjoy exclusive access to OpenAI’s API and models. The companies amended the partnership in April, dropping the exclusivity clause and clearing OpenAI to sell to Microsoft’s competitors.

That revised relationship may help explain the sales team’s new pitch. Microsoft has been battling a less-than-optimal stock outlook over the past year, as investors question the company’s massive spending on the buildout of its AI business. Talking up how competitive those products actually are is likely an attempt to calm those waters and build confidence in Microsoft’s long-term AI plan.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Lucas is a senior writer at TechCrunch, where he covers artificial intelligence, consumer tech, and startups. He previously covered AI and cybersecurity at Gizmodo. You can contact Lucas by emailing [email protected].

By PYMNTS  |  July 15, 2026

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Mastercard has introduced a set of software tools and services designed to make it easier for companies to create digital wallet capabilities on both iOS and Android and add contactless payments to their apps.

The new Mastercard Wallet Services is designed for banks, FinTechs, merchants and digital platforms. It is already being used by several Mastercard partner banks to develop new digital wallet features that could reach consumers by the end of the year, the company said in a Wednesday (July 15) blog post.

“New digital wallets could provide more choice for consumers, as companies all over the world will be able to offer new benefits, rewards, discounts, points or features to encourage users to start using their wallets,” Mastercard Chief Digital Officer Pablo Fourez said in the post. “Those players could also benefit by building stronger connections and engagement with their user bases.”

Apple’s decision in 2024 to begin opening access to the near-field communication (NFC) capabilities that power its mobile payments has created new possibilities for banks to add digital wallet features to their mobile banking apps across iOS and Android, according to the post.

Those possibilities led Mastercard to develop Mastercard Wallet Services, per the post.

“While consumer adoption of alternative wallets will take time, expanded platform access gives banks and FinTechs new opportunities to innovate,” Fourez said. “Ultimately, consumers could be the biggest winners of these changes, gaining access to a broader range of digital wallet experiences, rewards, value-added services and payment options offered through the apps they already use every day.”

PYMNTS reported in August 2024 that in the wake of an agreement between Apple and the European Commission to allow access to NFC technology on iPhones, Apple announced that it was giving developers access to the technology and that starting with iOS 18.1, they would be able to offer NFC contactless transactions using the Secure Element from within their own apps on iPhone.

PYMNTS reported at the time that this move could turbocharge the momentum of digital wallets and allow the in-app contactless features to be deployed across a variety of uses cases, from transit to merchant loyalty and rewards programs.

The PYMNTS Intelligence report “Digital Wallets Beyond Transactions: Global In-Depth Report“ found that digital wallets are used for payments, identification and other purposes.

, /PRNewswire/ -- Oak-Eagle AcquireCo, Inc. (the "Offeror") announced today the extension of the Expiration Time and Settlement Date for the previously announced offers to purchase for cash (each, a "Tender Offer" and, together, the "Tender Offers") any and all of Electronic Arts Inc.'s (NASDAQ: EA) (the "Company") outstanding (i) 1.850% Senior Notes due 2031 (the "2031 Notes") and (ii) 2.950% Senior Notes due 2051 (the "2051 Notes" and, together with the 2031 Notes, the "Notes"), and solicitations of consents (each, a "Consent Solicitation" and, together, the "Consent Solicitations") from holders of the Notes (each, a "Holder" and, collectively, the "Holders") to certain proposed amendments (the "Proposed Amendments") to the indenture, dated as of February 24, 2016, as supplemented by that certain Second Supplemental Indenture, dated as of February 11, 2021, by and between the Company and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee (the "Trustee") (the "Indenture") (such consents being solicited are each a "Consent" and, collectively, the "Consents").

The previously announced Expiration Time of 5:00 P.M., New York City time, on July 15, 2026, has been extended with respect to all Holders to 5:00 P.M., New York City time, on July 30, 2026, unless extended or earlier terminated, and the Settlement Date has been extended to August 4, 2026, unless extended or earlier terminated. The Offeror intends to extend the Expiration Time, without extending the Withdrawal Deadline (unless required by law), such that it will remain within three business days prior to the Settlement Date, which we anticipate will occur on or about the closing date of the Merger. The Withdrawal Deadline of 5:00 P.M., New York City time, on February 24, 2026 (the "Withdrawal Deadline"), is not extended and has already expired and any Notes tendered after the Withdrawal Deadline may not be withdrawn.

The Tender Offers and the Consent Solicitations are being made in connection with, and are expressly conditioned upon the closing of, the acquisition of the Company pursuant to the Agreement and Plan ‎of Merger, dated September 28, 2025 (as it may be amended, supplemented or modified from time to ‎time, the "Merger Agreement"), by and among the Company, the Offeror and Oak-Eagle MergerCo, Inc., a Delaware corporation and a wholly-owned subsidiary of the Offeror ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly-owned subsidiary of the Offeror, in each case on and subject to the terms and conditions therein. The Offeror and Merger Sub were formed by an investor consortium consisting of The Public Investment Fund, Silver Lake and Affinity Partners, for purposes of engaging in the transactions contemplated by the Merger Agreement. The consummation of the Merger is not conditioned on the consummation of the Tender Offers and the Consent Solicitations.

The terms and conditions of the Tender Offers and Consent Solicitations are described in the Offer to Purchase and Consent Solicitation Statement relating to the Notes dated as of February 10, 2026 (as amended or supplemented from time to time, the "Offer to Purchase and Consent Solicitation Statement"). Capitalized terms used herein, but not otherwise defined, have the meanings ascribed to such terms in the Offer to Purchase and Consent Solicitation Statement.

The table below outlines the approximate principal amount of the Notes validly tendered and not validly withdrawn as of the date hereof, according to information provided by Global Bondholder Services Corporation, the depositary and information agent for the Tender Offers and the Consent Solicitations (the "Depositary and Information Agent"). Any Notes validly tendered after February 24, 2026, but on or prior to the Expiration Time, will be eligible to receive the Tender Offer Consideration set forth in the table below. The Offeror currently intends to accept all Notes tendered in the Tender Offers, subject to the satisfaction of the conditions described below.

Title of Notes

CUSIP/ISIN(1)

Outstanding
Principal
Amount

Reference
Security

Reference
Yield

Fixed
Spread
(bps)

Tender Offer
Consideration(2) (3)

Aggregate
Principal
Amount
Tendered

1.850% Senior
Notes due 2031

CUSIP:
285512AE9

ISIN:
US285512AE93

$750,000,000

3.750%
UST due
January 31,
2031

3.626 %

+0

$876.41

$68,819,000

2.950% Senior
Notes due 2051

CUSIP:
285512AF6

ISIN:
US285512AF68

$750,000,000

4.625%
UST due
November
15, 2055

4.705 %

+0

$696.18

$7,917,000

(1) The CUSIP numbers and ISINs referenced in this press release are included solely for the convenience of Holders. None of the Offeror, the Company, the Trustee, the Dealer Manager (as defined below), the Depositary and Information Agent nor their respective affiliates shall be held responsible for the selection or use of the referenced CUSIP numbers and ISINs, and no representation is made as to the correctness of any CUSIP number or ISIN on the Notes or as indicated in this press release or any other document.
(2) As defined in the Offer to Purchase and Consent Solicitation Statement. Calculated based on the Settlement Date of August 4, 2026. Subject to update pursuant to the Offer to Purchase and Consent Solicitation if the Tender Offers settle on a different date.
(3) Per $1,000 principal amount of Notes validly tendered and not validly withdrawn after February 24, 2026, but on or prior to the Expiration Time.

General Information

The Offeror's obligations to complete each Tender Offer and Consent Solicitation are subject to and conditioned upon the following having occurred or, in the case of the General Conditions, having been waived by the Offeror with respect to such Tender Offer and Consent Solicitation, as applicable: (1) the satisfaction of the Merger Condition, and (2) the satisfaction of the General Conditions. Each Tender Offer and Consent Solicitation is a separate offer and is not conditioned on any other Tender Offer or Consent Solicitation. There can be no assurance that any of the Tender Offers or the Consent Solicitations will be consummated. The Offeror may amend, extend or terminate the Tender Offers and the Consent Solicitations, in its sole discretion.

The Offeror intends to fund the Total Consideration (including accrued and unpaid interest), plus all related fees and expenses, using proceeds from the financing transactions to fund the Merger. Notes that are tendered and accepted in the Tender Offers will cease to be outstanding and will be cancelled.

Any Notes not tendered and purchased pursuant to the Tender Offers will remain outstanding. If the requisite Consents are received with respect to a series of Notes, and the Proposed Amendments become operative with respect to the Indenture for such series of Notes, then the applicable Notes that are not purchased pursuant to the Tender Offers will be subject to the Proposed Amendments. The Proposed Amendments would amend the Indenture to eliminate certain restrictive covenants, eliminate certain events of default and modify or eliminate certain other provisions with respect to such series of Notes. The Requisite Consents have not yet been received with respect to either series of Notes.

To the extent any Notes remain outstanding following the consummation of the Tender Offers and the Consent Solicitations, the Offeror currently intends to cause the Company to defease one or both series of Notes, in which case Holders of such Notes will continue to receive interest on each scheduled interest payment date and principal on the stated maturity date but will not benefit from any restrictive covenants removed pursuant to the defeasance, including the change of control repurchase obligations. The Proposed Amendments do not need to be adopted in order to defease one or both series of Notes in accordance with the terms of the Indenture. To the extent any Notes remain outstanding following the consummation of the Tender Offers and the Consent Solicitations, the Company may (or the Offeror may cause the Company to) also purchase, repurchase, redeem or otherwise acquire or retire the 2031 Notes and/or the 2051 Notes by any available means, including, without limitation, negotiated transactions, open market purchases, tender offers, redemption or otherwise, upon such terms and at such prices as the Offeror or the Company may determine. Any such transaction may be on the same terms or on terms that are more or less favorable to Holders of Notes than the terms of the Tender Offers and the Consent Solicitations and will depend on various factors existing at that time. Finally, the Company may (or the Offeror may cause the Company to) leave outstanding any Notes that remain outstanding following the consummation of the Tender Offers and the Consent Solicitations or any transaction described in this paragraph.

J.P. Morgan Securities LLC has been retained as the dealer manager in connection with the Tender Offers and as the solicitation agent in connection with the Consent Solicitations (the "Dealer Manager"). In such capacities, it may contact Holders regarding the Tender Offers and the Consent Solicitations and may request brokers, dealers, commercial banks, trust companies and other nominees to forward the Offer to Purchase and Consent Solicitation Statement and related materials to beneficial owners of Notes. Requests for documents may be directed to the Depositary and Information Agent at: +1 (855) 654 2015 or [email protected]. Questions about the Tender Offers and the Consent Solicitations may be directed to J.P. Morgan Securities LLC at (866) 834-4466 or (212) 834-3424.

This press release is for informational purposes only. The Tender Offers and the Consent Solicitations are being made solely by the Offer to Purchase and Consent Solicitation Statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful. The Tender Offers and the Consent Solicitations are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Tender Offers or the Consent Solicitations to be made by a licensed broker or dealer, the Tender Offers and the Consent Solicitations will be deemed to be made on behalf of the Offeror by the Dealer Manager, or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

None of the Offeror, the Company, the Trustee, the Depositary and Information Agent, the Dealer Manager or any of their respective affiliates makes any recommendation as to whether Holders should tender or refrain from tendering their Notes, and no person or entity has been authorized by any of them to make such a recommendation. Holders must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.

Forward-Looking Statements

This press release contains or incorporates by reference certain "forward-looking statements" within ‎the meaning of the federal securities laws. All statements other than statements of historical facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such ‎as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," ‎‎"believe," "estimate," "predict," "potential" or "continue" or other similar words. These forward-looking ‎statements are only predictions. These statements relate to future events and ‎involve known and unknown risks, uncertainties and other important factors that may cause the ‎actual outcomes to materially differ from those expressed or implied by these forward-looking statements. New factors ‎could emerge from time to time and it is not possible for us to predict all such factors. Because forward-looking ‎statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, ‎you should not rely on these forward-looking statements as guarantees of future events. These forward-looking ‎statements speak only as of the date made and are not guarantees of future performance of results, including the closing of the Merger and successful completion of the Tender Offers and the Consent Solicitations. The Offeror expressly ‎disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statement ‎contained or incorporated by reference herein to reflect any change in expectations with regard thereto or any ‎change of events, conditions or circumstances on which any such statement was based, except as required by law.‎

SOURCE Oak-Eagle AcquireCo, Inc.

New York, New York--(Newsfile Corp. - July 15, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the "Class Period"), of the important August 10, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Zillow common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305378

Source: The Rosen Law Firm PA

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While artificial intelligence (AI) infrastructure stocks have helped lead the market higher over the past few years, more recently, these stocks have come under pressure. There is some fear of an eventual slowdown in the data center build-out, but this does look more like a typical market breather after a nice run.

Three of my favorite semiconductor stocks to buy on this sell-off are Nvidia (NVDA +0.29%), Advanced Micro Devices (AMD 3.40%), and Broadcom (AVGO +1.28%). All three still have huge growth opportunities in front of them, and spending on AI data centers should remain strong for many years.

Image source: The Motley Fool.

Nvidia The pullback in Nvidia's stock has taken its valuation down to a forward price-to-earnings ratio (P/E) of 16 times analysts' estimates for its fiscal 2028 (which ends in January 2028). That makes it one of the best bargains in the chip space. Given the moat its CUDA software platform has established, the company is set to continue dominating the market for AI model training, as most foundational AI code was written on CUDA and optimized for its graphics processing units (GPUs).

Today's Change

(

0.29

%) $

0.61

Current Price

$

212.41

And while the use of data center processing power is shifting toward more inference and agentic AI workloads, the company is also well positioned here. Nvidia has transformed itself from a simple GPU maker into a complete AI infrastructure player, offering end-to-end servers designed for specific AI tasks. Its acquisition of Groq gave it chips designed specifically for inference, which it has incorporated into its CUDA ecosystem. Meanwhile, its networking portfolio has become the fastest-growing part of its business.

With strong growth still ahead, Nvidia remains a top stock to own, and a good buy at its discounted valuation.

AMD Advanced Micro Devices is currently riding two of the hottest trends in AI: inference and agentic AI. The company's chip offerings make it much better positioned to take a larger slice of the AI inference pie, and it already has large GPU deals in place with OpenAI and Meta Platforms.

Today's Change

(

-3.40

%) $

-18.61

Current Price

$

529.52

Inference is much more about fast memory access than raw compute power, and this is where AMD has focused its efforts. Its chiplet design allows its GPUs to be packaged with more memory, while its recent acquisition of memory optimization platform MEXT will allow it to virtually expand memory capacity without sacrificing performance, helping customers reduce costs.

At the same time, the company is set to ride a powerful wave in agentic AI. While other types of AI workloads have largely needed GPUs to provide their processing power, agentic AI workflows require more participation from central processing units (CPUs).

AMD has long been a leader in data center CPUs, and as AI agents proliferate, the need for CPUs is expected to grow rapidly. In fact, the GPU-to-CPU ratio in new data centers is expected to shrink from 8 to 1 for training to 1 to 1 for agentic AI. AMD has projected that the data center CPU market will double in size to $120 billion by 2030. It is already developing CPUs specifically for agentic AI.

With huge revenue growth ahead of it, AMD is a top stock to buy after its sell-off.

Broadcom Broadcom has been one of the biggest beneficiaries of the trend among hyperscalers to deploy custom AI accelerators to help save costs. It helped Alphabet develop its Tensor Processing Units (TPUs), and with the search giant set to spend up to $190 billion on AI infrastructure this year, Broadcom is set to see rapid growth. Adding to that, Alphabet has agreed to sell Anthropic $21 billion worth of TPUs.

Today's Change

(

1.28

%) $

4.99

Current Price

$

394.10

The success of TPUs led other hyperscalers to turn to Broadcom for help in developing custom AI chips. It expects this to grow into a more than $100 billion business in its fiscal 2027, while Citigroup has projected that Broadcom's AI revenue could rise to $180 billion in its fiscal 2028. The company also has a fast-growing data center networking business, and after signing a $30 billion deal with Apple (AAPL +3.95%), its non-AI chip business also looks set for a turnaround.

The stock is trading at a forward P/E of just 20 times fiscal 2027 estimates. Given its potential explosive growth, that's too cheap, and makes it an attractive buy.

Citigroup is an advertising partner of Motley Fool Money. Geoffrey Seiler has positions in Advanced Micro Devices, Alphabet, Broadcom, and Meta Platforms. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Apple, Broadcom, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy.

D.R. Horton (DHI - Free Report) closed at $151.55 in the latest trading session, marking a +1.04% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.38%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw an increase of 0.62%.

Heading into today, shares of the homebuilder had lost 4.06% over the past month, lagging the Construction sector's loss of 2.55% and the S&P 500's gain of 1.61%.

Investors will be eagerly watching for the performance of D.R. Horton in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 21, 2026. The company is forecasted to report an EPS of $2.99, showcasing a 11.01% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $9.18 billion, showing a 0.44% drop compared to the year-ago quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.6 per share and a revenue of $33.85 billion, representing changes of -8.38% and -1.16%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for D.R Horton. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.31% higher within the past month. D.R. Horton currently has a Zacks Rank of #3 (Hold).

In terms of valuation, D.R. Horton is currently trading at a Forward P/E ratio of 14.15. This represents a discount compared to its industry average Forward P/E of 14.45.

Investors should also note that DHI has a PEG ratio of 2.1 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Building Products - Home Builders industry had an average PEG ratio of 2.45 as trading concluded yesterday.

The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 176, finds itself in the bottom 29% echelons of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow DHI in the coming trading sessions, be sure to utilize Zacks.com.

Cathie Wood is leaning further into Circle Internet Group (NYSE:CRCL) at a time when Wall Street is becoming increasingly divided on the stablecoin issuer’s outlook.

The aggressive accumulation comes as Circle faces mounting headwinds despite improving regulatory prospects, underscoring ARK’s conviction that the long-term stablecoin opportunity outweighs near-term competitive and valuation concerns.

• Circle Internet Group shares are climbing with conviction. Why are CRCL shares rallying?

Buying Into WeaknessCircle shares have fallen roughly 2% year to date and remain about 7% below their post-IPO high, pressured by slowing investor sentiment and intensifying competition in the fast-growing stablecoin market.

Adding to the uncertainty, Circle’s earnings remain closely tied to interest income generated from reserves backing USDC, meaning future Federal Reserve rate cuts could weigh on profitability.

Why ARK Is Staying BullishDespite the headwinds, ARK appears to be treating the recent selloff as a buying opportunity rather than a warning sign.

Circle recently secured a national trust bank charter from the Office of the Comptroller of the Currency, allowing it to manage USDC reserves under federal oversight. This strengthens its regulatory credentials as policymakers move toward a clearer framework for digital assets.

The company also remains one of the largest players in the approximately $310 billion global stablecoin market. While USDC’s circulating supply has slipped to roughly $73 billion from its March high of almost $80 billion, it is still around 17% higher than a year ago, reflecting continued long-term adoption.

ETF Exposure GrowsThe move also highlights a broader theme for ETF investors.

Rather than simply betting on crypto trading activity, ARK is increasing exposure to companies building the infrastructure behind digital finance — including stablecoins, tokenized payments and blockchain-based financial services.

While some analysts have turned more cautious, citing slower USDC network activity and growing competition, ARK’s latest trades suggest Wood sees the current pullback as an opportunity to build exposure before stablecoins become a more mainstream component of the global financial system.

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Crocs (CROX - Free Report) closed at $133.37 in the latest trading session, marking a +1.68% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.38%. Meanwhile, the Dow gained 0.29%, and the Nasdaq, a tech-heavy index, added 0.62%.

Shares of the footwear company witnessed a gain of 3.22% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 1.13%, and the S&P 500's gain of 1.61%.

Investors will be eagerly watching for the performance of Crocs in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 30, 2026. The company is forecasted to report an EPS of $4.3, showcasing a 1.65% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.15 billion, showing a 0.26% drop compared to the year-ago quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.67 per share and a revenue of $4.08 billion, representing changes of +9.27% and +0.88%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Crocs. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Crocs presently features a Zacks Rank of #4 (Sell).

From a valuation perspective, Crocs is currently exchanging hands at a Forward P/E ratio of 9.6. This indicates a discount in contrast to its industry's Forward P/E of 15.7.

We can additionally observe that CROX currently boasts a PEG ratio of 1.36. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Textile - Apparel industry was having an average PEG ratio of 2.16.

The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 189, finds itself in the bottom 24% echelons of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Kinsale Capital Group, Inc. (KNSL - Free Report) closed the most recent trading day at $319.61, moving -5.2% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.38%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.62%.

Shares of the company have appreciated by 7.82% over the course of the past month, outperforming the Finance sector's gain of 3.3%, and the S&P 500's gain of 1.61%.

The investment community will be closely monitoring the performance of Kinsale Capital Group, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on July 23, 2026. The company is predicted to post an EPS of $5.09, indicating a 6.49% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $475.6 million, showing a 1.23% escalation compared to the year-ago quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $20.71 per share and a revenue of $1.92 billion, representing changes of +6.15% and +2.44%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Kinsale Capital Group, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.83% rise in the Zacks Consensus EPS estimate. Kinsale Capital Group, Inc. is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Kinsale Capital Group, Inc. is currently trading at a Forward P/E ratio of 16.28. This represents a premium compared to its industry average Forward P/E of 11.85.

Meanwhile, KNSL's PEG ratio is currently 1.09. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 3.

The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 104, putting it in the top 43% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

PPL (PPL - Free Report) closed at $35.71 in the latest trading session, marking a -1.08% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.38%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.62%.

The stock of energy and utility holding company has fallen by 0.77% in the past month, lagging the Utilities sector's gain of 1.54% and the S&P 500's gain of 1.61%.

Investors will be eagerly watching for the performance of PPL in its upcoming earnings disclosure. In that report, analysts expect PPL to post earnings of $0.36 per share. This would mark year-over-year growth of 12.5%. Alongside, our most recent consensus estimate is anticipating revenue of $2.18 billion, indicating a 7.5% upward movement from the same quarter last year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.95 per share and revenue of $9.78 billion, indicating changes of +7.73% and +8.21%, respectively, compared to the previous year.

Investors should also take note of any recent adjustments to analyst estimates for PPL. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.02% downward. PPL presently features a Zacks Rank of #3 (Hold).

Looking at its valuation, PPL is holding a Forward P/E ratio of 18.54. This valuation marks a premium compared to its industry average Forward P/E of 18.41.

We can additionally observe that PPL currently boasts a PEG ratio of 2.47. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Utility - Electric Power was holding an average PEG ratio of 2.73 at yesterday's closing price.

The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 159, positioning it in the bottom 36% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Akamai Technologies (AKAM - Free Report) closed at $120.01 in the latest trading session, marking a -4.84% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq appreciated by 0.62%.

Shares of the cloud services provider witnessed a loss of 4.69% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 0.53%, and the S&P 500's gain of 1.61%.

Analysts and investors alike will be keeping a close eye on the performance of Akamai Technologies in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2026. The company's earnings per share (EPS) are projected to be $1.58, reflecting a 8.67% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.09 billion, showing a 4.76% escalation compared to the year-ago quarter.

AKAM's full-year Zacks Consensus Estimates are calling for earnings of $6.74 per share and revenue of $4.49 billion. These results would represent year-over-year changes of -5.34% and +6.81%, respectively.

Investors should also take note of any recent adjustments to analyst estimates for Akamai Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.25% lower within the past month. At present, Akamai Technologies boasts a Zacks Rank of #3 (Hold).

Investors should also note Akamai Technologies's current valuation metrics, including its Forward P/E ratio of 18.71. For comparison, its industry has an average Forward P/E of 17.16, which means Akamai Technologies is trading at a premium to the group.

Meanwhile, AKAM's PEG ratio is currently 2.3. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio of 1.55.

The Internet - Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 39% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Hanmi Semiconductor plans to build a new factory in South Korea.

South Korea’s Maeil Economic Daily cited an interview with Hanmi Semiconductor Chairman Kook Dong-shin, reporting that amid projected supply shortages of AI semiconductor equipment starting next year, Hanmi Semiconductor is considering constructing its eighth production plant, which will become the company’s largest facility once completed. Kook forecasts that semiconductor equipment demand will exceed supply from next year onward. The planned eighth plant will be sited adjacent to the seventh facility currently under construction in Incheon. Hanmi Semiconductor stated that as global chipmakers expand investments, market demand for its thermocompression bonding machines and hybrid bonding machines will grow rapidly. The company plans to launch its U.S. subsidiary, Hanmi America, in San Jose, California by the end of 2026 to enhance technical support services.

8 minutes ago

South Korean Analyst: SK Hynix Pullback May Present a Buying Opportunity

Young-gun Kim, an analyst at South Korea’s Mirae Asset Securities, said in a report that SK Hynix’s recent pullback presents a highly attractive opportunity to increase exposure to the stock. The analyst noted that the current weakness appears to reflect an unusually sharp cooling of optimism surrounding the company’s second-quarter results and its American Depositary Receipt (ADR) listing. Mirae Asset Securities cut its second-quarter operating profit forecast by 12%, but maintained its buy rating and 4.2 million won target price for the stock. The analyst added that despite the stock’s pullback, spot prices for memory chips continue to strengthen, and growth in backlog orders is unlikely to slow meaningfully.

8 minutes ago

A crypto whale withdrew 30,000 ETH and transferred it to three new addresses.

According to Onchain Lens monitoring, a crypto whale has just withdrawn 30,000 ETH (valued at approximately $57.66 million) from Coinbase Prime, then split the funds into three newly created wallet addresses.

8 minutes ago

Bank of Korea delivers its first interest rate hike in three and a half years, in line with expectations.

The Bank of Korea raised its key interest rate by 25 basis points to 2.75%, marking its first rate hike since January 2023 and meeting market expectations.

8 minutes ago

People walk by The New York Times building in Manhattan, New York City, U.S., September 16, 2025. REUTERS/Kylie Cooper Purchase Licensing Rights, opens new tab

CompaniesWASHINGTON, July 15 (Reuters) - The New York Times has filed a court motion ​to block federal grand jury subpoenas to three ‌of its journalists over their reporting on President Donald Trump's new Qatari-donated Air Force One, a spokesperson said on Wednesday.

Jay Clayton, the U.S. ​Attorney in Manhattan, issued the subpoenas on Friday, shortly ​after the New York Times reported that the ⁠new Air Force One lacked some of the security ​features of the older aircraft. The newspaper's reporters were ordered ​to appear on Wednesday before a grand jury panel in Manhattan federal court.

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"As we set out in our motion, these subpoenas are ​brought in bad faith to punish The Times for ​its coverage," David McCraw, senior vice president and deputy general counsel of ‌the ⁠New York Times, said in a statement.

"We are going to court to defend our journalists’ rights to report freely on the administration and to provide the public with ​stories that matter."

Acting ​Attorney General ⁠Todd Blanche told a U.S. Senate panel on Wednesday that the reporters were not ​targets of an investigation, but the subpoenas were ​aimed ⁠at identifying people who leaked sensitive national security information.

McCraw has asked the court to make public the newspaper's filing, which ⁠remains ​under seal. The news outlet, he ​said, "believes that the public has a right to information about this case."

Reporting ​by Andrew Goudsward; Editing by Christian Martinez and Edmund Klamann

Our Standards: The Thomson Reuters Trust Principles., opens new tab

US Inflation Fell on Cheap Gas, But That Relief is Already Fading

In the latest close session, Bloom Energy (BE - Free Report) was down 1.65% at $239.38. The stock trailed the S&P 500, which registered a daily gain of 0.38%. On the other hand, the Dow registered a gain of 0.29%, and the technology-centric Nasdaq increased by 0.62%.

Prior to today's trading, shares of the developer of fuel cell systems had lost 13.34% lagged the Oils-Energy sector's loss of 1.03% and the S&P 500's gain of 1.61%.

The investment community will be paying close attention to the earnings performance of Bloom Energy in its upcoming release. The company is slated to reveal its earnings on July 28, 2026. The company's upcoming EPS is projected at $0.39, signifying a 290.00% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $766.88 million, indicating a 91.13% growth compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.07 per share and revenue of $3.72 billion. These totals would mark changes of +172.37% and +83.86%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for Bloom Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.9% increase. As of now, Bloom Energy holds a Zacks Rank of #1 (Strong Buy).

From a valuation perspective, Bloom Energy is currently exchanging hands at a Forward P/E ratio of 117.77. This signifies a premium in comparison to the average Forward P/E of 18.01 for its industry.

The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 81, which puts it in the top 33% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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.

Bitcoin (CRYPTO: BTC) hit $65,000 on Wednesday, even as crypto social volume dropped to its second lowest daily level since October 2024.

Why Is Dead Social Volume Actually A Bullish Signal?Santiment flagged the social silence as a contrarian indicator. Crypto chatter across X, Reddit, and Telegram has nearly hit a two-year low, arriving right as Bitcoin pushes into the mid-$60,000 range.

“Disinterest is one of crypto’s most underrated forms of FUD,” Santiment wrote. “When people stop arguing, posting, and chasing every candle, markets can become easier for large buyers to move because fewer retail traders are actively crowding the trade,”

Santiment pointed out that some of crypto’s strongest rebounds have formed during periods of low retail attention, when whales had room to accumulate before the crowd noticed the move had already started.

What Pushed Bitcoin Above $65,000?Federal Reserve Bank of New York President John Williams said Wednesday that inflation has peaked and should edge down in coming quarters, projecting overall inflation to decline to around 3.25% by year-end before reaching the Fed’s 2% target in 2028. 

Combined with soft PPI data released the same morning, the remarks pushed Bitcoin above $65,000 for the first time in several weeks.

No Bitcoin fund recorded outflows. Total Bitcoin ETF assets climbed back to roughly $78 billion from $75 billion.

Where Does Bitcoin Stand Technically?Bitcoin’s longer-term trend structure stays heavy. The 20-day SMA at $62,288 sits below the 50-day at $64,121, and the 50-day sits below the 200-day at $73,520, keeping the death cross in place since November 2025.

MACD sits above its signal line with a positive histogram, pointing to easing downside pressure even as the broader trend stays bearish. 

Traders are watching whether Bitcoin can hold above the 20-day EMA at $63,292 and then challenge the 50-day EMA at $65,115 as the first confirmation that the bounce has legs.

Key levels for Bitcoin:

$63,292 — 20-day EMA, immediate support to hold $65,115 — 50-day EMA, first resistance above $70,599 — 100-day SMA where longer-term selling pressure sits Image: Shutterstock

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In the latest close session, Clear Secure (YOU - Free Report) was up +2.07% at $54.65. This change outpaced the S&P 500's 0.38% gain on the day. Elsewhere, the Dow gained 0.29%, while the tech-heavy Nasdaq added 0.62%.

The stock of airport security company has risen by 1.48% in the past month, leading the Computer and Technology sector's loss of 0.53% and undershooting the S&P 500's gain of 1.61%.

The upcoming earnings release of Clear Secure will be of great interest to investors. The company's upcoming EPS is projected at $0.44, signifying a 69.23% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $270.25 million, up 23.14% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.79 per share and a revenue of $1.1 billion, indicating changes of +59.82% and +22.22%, respectively, from the former year.

Investors should also pay attention to any latest changes in analyst estimates for Clear Secure. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.28% rise in the Zacks Consensus EPS estimate. Clear Secure is holding a Zacks Rank of #3 (Hold) right now.

From a valuation perspective, Clear Secure is currently exchanging hands at a Forward P/E ratio of 29.99. This signifies a premium in comparison to the average Forward P/E of 19.89 for its industry.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 92, placing it within the top 38% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow YOU in the coming trading sessions, be sure to utilize Zacks.com.