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International Business Machines warned of weakness in the latest quarter as a number of large deals failed to close on the timelines anticipated and supply chains shifted.

BFA Law is investigating Barry Diller's $48.30 per share offer to acquire MGM Resorts International; current shareholders are notified to contact the firm.

, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller's bid to buy MGM Resorts International (NYSE:MGM).  MGM is incorporated in Delaware.

Barry Diller is a member of MGM's board of directors.  People, Inc. ("People," f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM's largest single stockholder.  On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.

If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.

Key Details of the MGM ($MGM) Investigation:

Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller's offer to acquire the remaining stock of MGM for $48.30 per share Action: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?

As a director, Diller owes fiduciary duties to MGM and its stockholders.  People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward.  Because Diller "stands on both sides" of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law.  If MGM and Diller reach an agreement, they must comply with Delaware's strict requirements for "cleansing" these conflicts and ensuring the deal is fair to MGM's stockholders. 

In a news release on June 1, MGM stated that the board of directors "will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders." 

BFA is investigating whether the potential agreement complies with Delaware law.

Click here for more information:

https://www.bfalaw.com/cases/mgm-resorts-investigation

What Can You Do?

If you are a current holder of MGM stock, 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/mgm-resorts-investigation

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/mgm-resorts-investigation

Attorney advertising. Past results do not guarantee future outcomes.

SOURCE Bleichmar Fonti & Auld LLP

USA: Optimismus malých firem NFIB v červnu vzrostl na 97,4 b. při očekávání 95,7 b.

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Wells Fargo's profit jumped 17% in the second quarter as volatile markets kept its trading desks busy, while strong loan ​growth boosted interest income.

Choosing between the iShares U.S. Regional Banks ETF (IAT +0.08%) and the iShares U.S. Financials ETF (IYF +0.26%) comes down to a simple trade-off -- concentrated exposure to regional banking versus broad diversification across the entire financial sector.

IAT focuses strictly on regional banking institutions, while IYF casts a wider net that includes mega-cap banks, insurers, and investment firms. Both funds are managed by iShares and have identical management fees, so the decision really hinges on how much sector-specific risk an investor is willing to take on.

Snapshot (cost & size)MetricIATIYFExpense ratio0.38%0.38%1-year return (as of July 13, 2026)24.89%11.61%Dividend yield2.60%1.50%Beta1.230.82AUM$656.0 million$3.9 billionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

Both funds charge an identical 0.38% expense ratio, so cost isn't a differentiator here. When it comes to income, however, there’s a clear winner: IAT pays a 2.6% dividend yield, well above the 1.4% offered by IYF.

Performance & risk comparisonMetricIATIYFMax drawdown (5 yr)(55.53%)(25.05%)Growth of $1,000 over 5 years (total return)$1,298$1,766IAT's concentration in regional banks has historically made it far more volatile than IYF, including a maximum drawdown of more than 55% during past banking-sector stress. IYF's broader mix of banks, insurers, and asset managers has helped cushion it from the kind of sharp swings that hit regional lenders hardest, resulting in comparatively lower volatility and shallower drawdowns over time.

What's insideLaunched in 2000, IYF tracks a broad basket of financial services companies, spread across 142 holdings. Its top positions include Berkshire Hathaway (BRKB +0.59%) at 11.7%, JPMorgan Chase (JPM 0.58%) at 11.0%, and Bank of America (BAC 0.32%) at 4.6%.

IAT, by contrast, is a pure-play bet on regional banking with just 31 holdings. Its top positions -- PNC Financial Services Group (PNC +0.37%) at 15.0%, U.S. Bancorp (USB 0.11%) at 14.2%, and Truist Financial Corp (TFC +0.50%) at 9.4% -- make up a much larger share of the fund than IYF's top holdings do. IAT was launched in 2006.

For more guidance on ETF investing, check out the full guide at this link.

What this means for investorsThis comparison is really a question of how much conviction an investor has in regional banks. Regional lenders tend to be more sensitive to local economic conditions, interest-rate swings, and credit-quality concerns than the diversified giants that dominate IYF -- think Berkshire Hathaway and JPMorgan Chase, companies with multiple business lines that can offset weakness in any one area. That's a big part of why IAT has historically seen much deeper drawdowns than IYF.

That doesn’t make IAT a bad choice -- higher risk often comes with higher potential reward, and you get a higher dividend yield with IAT as well. But investors who want financial-sector exposure without betting heavily on the health of regional lenders may prefer IYF's broader mix of banks, insurers, and asset managers.

This comparison is also a useful reminder that not all financial sector ETFs are created equal. A fund's concentration -- not just its sector classification -- often tells you more about what kind of ride you're signing up for. Investors who are seeking income and comfortable with volatility may lean toward IAT, while those prioritizing stability might find IYF the more comfortable fit.

Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Andy Gould has positions in Berkshire Hathaway, Truist Financial, and U.S. Bancorp. The Motley Fool has positions in and recommends Berkshire Hathaway, JPMorgan Chase, Truist Financial, and U.S. Bancorp. The Motley Fool has a disclosure policy.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In First Solar To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in First Solar between February 26, 2025 and February 24, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against First Solar, Inc. ("First Solar" or the "Company") (NASDAQ: FSLR) and reminds investors of the August 24, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Defendants had overstated First Solar's capacity to manage the impact of U.S. tariff policy on the Company's business; (2) Defendants understated the extent to which its responses to U.S. tariff policy, including the intentional underutilization of production facilities in Malaysia and Vietnam, and attempted relocation of production to the U.S., were likely to negatively impact First Solar's projected performance in the 2026 fiscal year; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

The truth began to emerge on January 7, 2026, when Jefferies downgraded First Solar to Hold from Buy, noting that during 2025, the Company had lowered guidance, faced significant de-bookings and experienced margin compression through 2025. Jefferies also flagged that "[international] facilities remain a pain point while tariffs exist" and "underutilization at [international] facilities remains a concern." The Jefferies analyst also predicted that First Solar's deployment opportunities were likely to be more limited in 2026.

On this news, First Solar's stock price fell $27.67 per share, or 10.29%, to close at $241.11 per share on January 7, 2026.

Then, on February 24, 2026, First Solar issued a press release "announc[ing] financial results for the fourth quarter and year ended December 31, 2025." Among other items, First Solar announced earnings that missed expectations by a wide margin and issued lower-than-expected FY 2026 revenue guidance, citing customer headwinds such as permitting delays under the Trump administration. Following First Solar's announcement, Baird Research downgraded its stock to Neutral from Outperform, citing "several question marks in forward outlook".

On this news, First Solar's stock price fell $33.09 per share, or 13.61%, to close at $210.12 per share on February 25, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding First Solar's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the First Solar, Inc. class action, go to www.faruqilaw.com/FSLR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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

Frequently Asked Questions (FAQ) for Investors Regarding the First Solar, Inc. Securities Class Action Lawsuit:

What is the First Solar securities fraud lawsuit about?

The lawsuit alleges that First Solar, Inc. and certain executives violated federal securities laws by making false or misleading statements and failing to disclose material information regarding the impact of U.S. tariff policies, production facility utilization, and risks to the Company's projected 2026 financial performance.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired First Solar (NASDAQ: FSLR) securities during the applicable Class Period and suffered losses may be eligible to participate in the securities class action. Eligibility will depend on the specific circumstances of each investor's transactions and losses.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation. Any eligible investor may seek appointment as lead plaintiff by filing the appropriate motion with the court on or before the August 24, 2026 deadline.

What should investors do if they purchased First Solar stock during the Class Period?

Investors who purchased First Solar securities during the Class Period and experienced losses should review their legal rights and options. They may contact counsel to discuss the lawsuit, determine whether they qualify to participate, and learn more about seeking appointment as lead plaintiff before the applicable deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased First Solar securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304986

Source: Faruqi & Faruqi LLP

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

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Micron stock can keep rising well beyond its recent gains, according to KeyBanc analysts. Just look at memory-chip prices.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Zillow To Contact Him Directly To Discuss Their Options

If you purchased or acquired Class A or Class C Zillow common stock between February 11, 2025 and May 7, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Zillow Group, Inc. ("Zillow" or the "Company") (NASDAQ: ZG) (NASDAQ: Z) and reminds investors of the August 10, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Zillow's agreement with Redfin 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.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Zillow's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Zillow class action, go to www.faruqilaw.com/Z or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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

Frequently Asked Questions (FAQ) for Investors Regarding the Zillow Securities Class Action Lawsuit:

What is the Zillow securities fraud lawsuit about?

The lawsuit alleges Zillow misrepresented its agreement with Redfin as a partnership, understated antitrust and regulatory risks, and downplayed potential legal exposure, making statements about its business and prospects allegedly misleading.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Zillow Class A or Class C common stock (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 10, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Zillow stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal options. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Zillow securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304997

Source: Faruqi & Faruqi LLP

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

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After MercadoLibre (MELI +0.85%) delivered another year of more than 30% revenue growth in 2025, you might have expected the stock to surge. Instead, the stock went the other way.

Why? Because the narrative surrounding MercadoLibre has changed. A few years ago, investors were asking how big the company could become. Today, they're asking whether it can sustain its growth while protecting profitability.

That shift in sentiment has weighed on MercadoLibre stock. But it also raises an important question: Has the market become too pessimistic about one of Latin America's highest-quality technology companies?

Image source: Getty Images.

Why have investors become more cautious? MercadoLibre's business isn't slowing down. In fact, in the first quarter, revenue grew 49% year over year. What has changed is that its economics have simply become more complicated.

Over the past year, the company has invested aggressively to solidify its leadership in the e-commerce and fintech spaces in its core markets. It has expanded its logistics network, lowered free-shipping thresholds in Brazil, and continued pouring capital into Mercado Pago.

Those investments have strengthened the platform, but they've also increased costs.

At the same time, competition has intensified. Sea Limited's Shopee is competing aggressively in Brazil through shipping subsidies and attractive seller incentives. PDD Holdings' Temu is reshaping consumer expectations around pricing with ultra-cheap goods shipped from China.

As a result, MercadoLibre's operating margins have come under pressure, almost halving from 12.9% to 6.9%.

In other words, the market isn't questioning whether MercadoLibre can continue growing. It's questioning whether that growth will create long-term shareholder value.

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The business is getting stronger Ironically, if you ignored the share price and looked only at the operating business, you might conclude MercadoLibre is stronger today than it was three years ago.

Revenue is growing at an impressive pace. Gross merchandise volume keeps climbing. Mercado Pago is expanding across payments, lending, investments, and digital banking. Meanwhile, Mercado Ads has become another meaningful growth engine, allowing the company to monetize its marketplace more effectively.

More importantly, these businesses reinforce one another. The marketplace attracts buyers and merchants. Mercado Pago makes transactions easier while deepening customer relationships. Mercado Envios improves delivery speed and reliability. Mercado Ads gives merchants another reason to invest in the platform.

Each business becomes more valuable because the others exist. That integrated model makes MercadoLibre increasingly difficult to replicate, even as competition intensifies.

Has the valuation become more attractive? The market's increasingly cautious stance toward the company has had another effect: The stock's valuation has become far more reasonable.

During the COVID-19 pandemic, investors valued MercadoLibre like a high-growth marketplace with enormous potential. Today, the company has evolved into a much larger and more diversified business, yet it trades at a price-to-sales (PS) multiple of 2.9, well below the double-digit PS multiples seen during the 2020 and 2021 boom.

That lower valuation reflects legitimate concerns. Investors want proof that today's heavy investments will eventually translate into stronger margins, higher earnings, and expanding free cash flow.

But that's also where the opportunity may lie. If management succeeds in turning today's logistics investments, fintech expansion, and merchant services into stronger long-term economics, today's valuation could prove surprisingly attractive in hindsight.

What does it mean for investors? Calling any stock a once-in-a-decade buying opportunity sets an exceptionally high bar.

MercadoLibre hasn't earned that label with certainty. E-commerce competition remains intense. Margin pressure could persist longer than investors expect. And Latin America's macroeconomic environment has never been easy to navigate.

Yet the ingredients of an exceptional long-term investment remain firmly in place. MercadoLibre benefits from a dominant market position, several secular growth drivers, expanding network effects, and a management team that's willing to invest for the long term rather than maximize short-term earnings.

The best investments rarely look obvious when expectations are low. They emerge when a great business continues improving while the market focuses on near-term uncertainty.

MercadoLibre may be entering exactly that phase.

Eli Lilly (LLY 0.09%) and Novo Nordisk (NVO 0.35%) today participate in one of the most exciting growth markets in healthcare: the weight loss drug market, one that's on track to reach nearly $100 billion in a few years. Novo was the first to launch GLP-1 drugs and see them deliver blockbuster revenue, but it was quickly followed by Lilly, and this company also saw great successes.

In fact, as of about a year ago, Lilly actually jumped ahead of Novo and is now the GLP-1 leader in the U.S. and internationally. This leadership has translated into double-digit revenue growth as well as stock price performance, as investors applauded Lilly's accomplishments.

But right now, is one recent disturbing trend bad news for Lilly in this key growth market? Let's find out.

Image source: Getty Images.

Today's weight loss drugs So, first, a bit of background on these pharma companies' portfolios. Novo sells semaglutide under the brand names Ozempic and Wegovy, for type 2 diabetes and weight loss, respectively. Lilly sells tirzepatide as Mounjaro for the former indication and Zepbound for the latter. These drugs, in injectable format, act on hormonal pathways involved in digestion and therefore help regulate blood sugar levels and appetite. Patients self-inject on a weekly basis.

Demand has been high for these products, even resulting in shortages in the past -- in recent times, though, supply has been able to meet demand since both companies ramped up manufacturing capacity.

The Novo and Lilly drugs have proven to be efficacious and safe, and they are easy for patients to fit into their routines -- all of this has contributed to their popularity. Why has Lilly won leadership in the market? It may be due to data showing that the Lilly drugs lead to greater weight loss. In a head-to-head study, Zepbound helped patients lose an average of 20% of their body weight, while Wegovy generated average weight loss of 13% at 72 weeks.

But these aren't the only weight loss drugs sold by Lilly and Novo. Each has launched new oral weight loss drugs in recent times, and these could represent the next wave of growth for the companies. Novo won approval for oral Wegovy late last year, and Lilly won approval for Foundayo, its oral GLP-1 drug, this spring.

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Prescriptions for Foundayo And this brings me to the disturbing trend that could worry Lilly investors. Weekly prescription growth for Foundayo has remained flat over the past five weeks, FiercePharma reported, citing a July 10 note from Jefferies analysts. This is based on data gathered by IQVIA.

In the 13th week post-launch, the prescription count came in at 19,550. This is compared to the figure of more than 105,000 for the Wegovy pill at the same point after its launch.

This information shows us that doctors haven't been writing more and more prescriptions for the new Lilly drug -- and the oral Wegovy launch appears much stronger. Should Lilly shareholders worry about this disturbing trend?

There are a couple of differences to note. Oral Wegovy is the same drug -- semaglutide -- as its injectables, while Foundayo is a totally new GLP-1 product. So doctors and patients may take more time to get on board when it's not a drug they know well.

Second, major pharmacy benefit managers were on board with coverage of Wegovy as of the first week, but coverage came later for Foundayo, according to FiercePharma.

These elements may have offered oral Wegovy an advantage -- and more momentum at the launch. It's important to note that Foundayo may progressively appeal to doctors and patients looking for convenience: While oral Wegovy comes with food and beverage restrictions, Foundayo doesn't.

Novo dominated the injectable GLP-1 space, and then Lilly gradually built its leadership; so this could happen in the oral weight loss market too. And even if it doesn't, Lilly's 60% share of the U.S. market and deep pipeline of weight loss candidates mean investors shouldn't worry about the initial launch trend of one product. Lilly's weight loss drug portfolio is solid, and the company remains well-positioned to deliver earnings growth and stock performance over the long term.

A securities fraud class action lawsuit has been filed on behalf of Intuit investors after its stock plummeted over 20% because Intuit allegedly misled investors regarding TurboTax's purported competitive advantages and growth prospects.

, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Intuit Inc. (NASDAQ:INTU) and certain of the company's senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.

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

Key Details of the Intuit ($INTU) Class Action:

Lead Plaintiff Deadline: September 8, 2026 Class Action Allegations: Securities fraud alleging that Intuit misled investors regarding TurboTax's purported competitive advantages and growth prospects Largest Alleged Stock Drop: May 21, 2026 – 20.02% Stock Drop Court: U.S. District Court for the Northern District of California Action: Contact BFA Law to discuss your rights Investors have until September 8, 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 Intuit securities. The class action is pending in the U.S. District Court for the Northern District of California. It is captioned Baldwin v. Intuit Inc., et al., No. 26-cv-7086.

Why is Intuit Being Sued for Securities Fraud?

Intuit is a financial technology platform that serves consumers, small and mid-market businesses, and accountants through its offerings, which include TurboTax, Credit Karma, and QuickBooks.

During the relevant period, Intuit told investors it had significant "momentum" across its business segments, including TurboTax. Intuit attributed its "momentum" to purportedly significant competitive advantages, including integration of AI in its business and operations. Intuit also told investors that the 2026 tax season was "off to a strong start" as the company was poised to deliver the "best price for our customers."

In truth, as alleged, the company was facing pressure among the most price-sensitive DIY tax filers and was not competitive on price in this segment.

Why did Intuit's Stock Drop?

On May 20, 2026, before market hours, Reuters published an article titled "Intuit to cut 17% of global jobs to streamline operations, memo shows." Reuters reported that Intuit was "laying off about 17% of its workforce" and was "winding down its Reno and Woodland Hills offices as ⁠part of a strategic restructuring to consolidate teams[.]" This news caused the price of Intuit stock to decline $15.78 per share, or 3.95%, from a closing price of $399.71 per share on May 19, 2026, to $383.93 per share on May 20, 2026.

Also on May 20, 2026, after market hours, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it "did not have the overall tax season we expected" and that it "faced pressure among the most price-sensitive DIY filers." Intuit stated that "[w]e [lost] on price." Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approx. 30 basis points, representing the "most significant industry-wide contraction since the post-COVID tax season." This news caused the price of Intuit stock to decline $76.86 per share, or 20.02%, from a closing price of $383.93 per share on May 20, 2026, to $307.07 per share on May 21, 2026.

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

What Can You Do?

If you invested in Intuit, 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/intuit-class-action-lawsuit

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/intuit-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

SOURCE Bleichmar Fonti & Auld LLP

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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.

By Reuters

July 14, 20269:47 AM UTCUpdated 1 hour ago

Item 1 of 2 A Honda logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo

[1/2]A Honda logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo Purchase Licensing Rights, opens new tab

CompaniesJuly 14 (Reuters) - A U.S. auto safety regulator ​said on Tuesday ‌it received a request to open a ​probe into ​806,963 Honda (7267.T), opens new tab minivans over ⁠concerns related to ​their air bags.

The ​National Highway Traffic Safety Administration said the petition ​was related ​to inadvertent deployment of air ‌bags ⁠while the vehicle was in motion.

Stay up to date on the key companies, data, and decisions in the ESG world with the Reuters Sustainable Finance newsletter. Sign up here.

The move covers the ​Japanese ​automaker's ⁠popular Odyssey models from model ​years 2011 ​to ⁠2017.

Honda did not immediately respond to ⁠a ​Reuters request ​for a comment.

Reporting by ​Nathan Gomes in Bengaluru

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

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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.

Ultra-compact chip delivers trusted positioning, navigation, and timing resilience amid rising spoofing and jamming threats

, /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, today announced the commercial availability of the Iridium PNT ASIC, a first-to-market chip designed to help protect GPS- and GNSS-dependent devices from jamming, spoofing, and other growing threats.

Iridium PNT ASIC Since the Iridium PNT ASIC's unveiling in October 2025, Iridium has received unprecedented demand from more than 150 organizations worldwide, spanning maritime, unmanned and autonomous systems (UXV), aviation, telecommunications, and other critical infrastructure sectors.

"The market response to the Iridium PNT ASIC has reinforced what we're hearing from customers around the world: assured PNT is becoming an essential capability across critical industries," said Dr. Michael O'Connor, executive vice president, PNT, Iridium. "With commercial availability, we're enabling manufacturers to integrate trusted timing and location capabilities into smaller, more efficient designs, making assured PNT accessible to more applications than ever before."

Measuring just 8 by 8 millimeters and weighing less than 0.2 grams, the application-specific integrated circuit (ASIC) represents a major step forward in expanding access to assured PNT technologies at scale. The chip delivers cryptographically secure timing and location data from the Iridium satellite network through one-way signal bursts that are powerful enough to work where traditional GNSS often cannot, including inside structures and in contested environments.

By continuously validating signal integrity and delivering trusted PNT data anywhere on Earth, the Iridium PNT ASIC provides a powerful new foundation not only for resilient navigation, but also timing. Financial markets, telecommunications networks, power grids, and governments all depend on precise time synchronization to coordinate operations and maintain reliable service.

As global reliance on GNSS continues to grow, so does the frequency and sophistication of signal interference such as jamming and spoofing. Recent incidents including the May 2026 in-flight jamming of United Kingdom Defence Secretary John Healey highlight increasing operational and safety risks associated with GNSS spoofing and jamming across commercial transportation, aviation, and critical infrastructure environments. According to a 2019 study sponsored by the U.S. National Institute of Standards and Technology (NIST), a GPS outage was estimated to cost the U.S. economy approximately $1 billion per day. Adjusted for inflation, that figure would exceed $1.3 billion per day in 2026, underscoring the growing importance of reliable backup solutions.

Compact Assured PNT Integration Underway

Solace Communications, a provider of mission-critical communications solutions for demanding and remote environments, is one of several Iridium partners integrating the Iridium PNT ASIC. Its Vector family of assured PNT products combines Iridium PNT with multi-band GNSS and inertial sensing to deliver resilient positioning, navigation, and timing with continuous confidence scoring, while LTE and Iridium Short Burst Data® (SBD®) provide secure telemetry and messaging.

"The Iridium PNT ASIC supports our wider strategy of building one of the first edge-native, confidence-scored assured PNT platforms around multiple sources of positioning, timing, and motion data," said Adam Elcock, co-founder, Solace Communications. "Future navigation systems must do more than report a position. They must continuously determine whether that position and its timing can be trusted. That is the role Vector has been designed to fulfill and is now being deployed."

Skyband Systems, a developer of aviation-grade, PNT-resilient navigation hardware, will integrate the Iridium PNT ASIC into its M100 LRU for business and commercial aviation. The M100 combines Iridium PNT with onboard inertial sensing to alert crews to GNSS jamming and spoofing while providing aircraft location for enhanced situational awareness.

"Iridium's secure and powerful global service is the perfect platform for Skyband's resilient navigation product," said Robert Wiggenhorn, co-founder, Skyband Systems. "We are excited to partner with Iridium as they launch the Iridium PNT ASIC and look forward to further strengthening their legacy of aircraft innovation and safety."

Iridium continues to engage with developers, original equipment manufacturers, integrators, and technology providers to incorporate assured PNT capabilities into next-generation solutions. Those interested in ordering the Iridium PNT ASIC are encouraged to visit www.iridium.com/pnt/asic.

About Iridium Communications Inc.
Iridium Communications Inc. (Nasdaq: IRDM) operates the world's only truly global mobile satellite network. It serves as a platform for innovation, enabling voice, data, and messaging, positioning, navigation, and timing (PNT), and aircraft surveillance services anywhere on Earth. Through its satellite constellation and integrated capabilities like Aireon, the world's only space-based air traffic surveillance system, Iridium delivers services that support safety-focused operations across aviation, maritime, government, industrial, and consumer markets. The company is a leader in satellite Internet of Things (IoT) connectivity and is advancing direct-to-device (D2D) communications based on open standards to expand access to satellite services.

Headquartered in McLean, Virginia, Iridium innovates through an ecosystem of more than 500 technology and distribution partners, serving millions of customers worldwide. For more information visit www.iridium.com.

Press Contact:
Jordan Hassin
Iridium Communications Inc.
[email protected]
+1 (703) 287-7421

Investor Contact:
Kenneth Levy
Iridium Communications Inc.
[email protected]
+1 (703) 287-7570

SOURCE Iridium Communications Inc.

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The house is paid off. The kids have moved out. Yet the number that may determine whether you can stay there for the next 25 years is not the home’s value or the old mortgage balance. It is the price of the services that keep the house livable when driving, cooking, cleaning, and climbing stairs get harder.

Home modifications, weekly housekeeping, meal delivery, ride services, yard work, and a few hours of part-time home care can easily turn into a $36,000 annual line item. That is not a live-in aide or a luxury plan. It is a practical target for sizing the income stream that helps a paid-off house remain usable.

Why This Number Behaves Differently Than the Rest of Your Retirement The problem is that services can outpace a retiree’s income adjustments. The overall PCE price index was up 4.1% year over year in May 2026, and core PCE was up 3.4%. Social Security’s 2026 COLA was 2.8%. When the cost of services rises faster than your benefit check, Social Security buys a little less housekeeping, meal delivery, and transportation each year.

Healthcare and housing-related services are two of the biggest pressure points. In May 2026 alone, BEA reported that current-dollar consumer spending rose by $22.3 billion for health care and by $22.3 billion for housing and utilities. Those categories do not map perfectly to an individual retiree’s aging-in-place budget, but they show why the service side of retirement deserves its own inflation assumption.

Long-term care insurance generally becomes more expensive and harder to buy as age and health risks rise. Nursing home care is also costly: CareScout’s 2025 survey put the national median at about $9,581 a month for a semi-private room and about $10,798 for a private room, with higher costs in expensive markets. Aging in place can be cheaper than that alternative, but only if the money is earmarked before the need appears.

The Portfolio Math at Three Yield Levels Divide the annual service budget by a realistic portfolio yield and you get the capital required to fund it without touching principal.

Conservative, 3.5% yield: about $1,028,000. Dividend growth and blue-chip utilities like Duke Energy (NYSE:DUK | DUK Price Prediction) throw off cash from monopoly service territories and typically raise the dividend every year. Yield is lower, growth is higher, and the principal has the best chance of keeping pace with services inflation. This tier survives a 25-year retirement without cuts. Moderate, 5.5% to 6% yield: about $600,000 to $655,000. Net lease REITs like Realty Income (NYSE:O), preferred share funds, and high-dividend equity strategies live here. Realty Income pays monthly, which mirrors how housekeeping and meal delivery bill you. Dividend growth is slower and the payout is less inflation-protected, but the capital requirement drops by a third. Aggressive, 9% to 10% yield: about $360,000 to $400,000. Business development companies such as Ares Capital (NASDAQ:ARCC), mortgage REITs, and levered covered-call funds get you there. Distributions are large, but they can be cut in a credit cycle, and share prices often drift sideways or lower over long horizons. You are buying current income rather than long-term compounding. The Insight Most Households Miss Home equity is not automatically an aging-in-place fund. The Case-Shiller U.S. National Home Price NSA Index was 332.678 in April 2026, so many long-time homeowners may have substantial equity, but a house does not pay the cleaner. A reverse mortgage or HELOC can bridge a gap, but with the 10-year Treasury around 4.5%, borrowing against the house to fund recurring services can be expensive and finite. A dividend and interest stream is designed for recurring bills.

The lower-yield tier may win over a 25-year horizon if the payout grows. A 3.5% yielding portfolio that grows income 7% annually nearly doubles the payout in 10 years and more than doubles it in 11. A 10% yielding portfolio with a flat distribution may start with more income per dollar invested, but it loses purchasing power every year that services inflation continues.

For readers who want to structure withdrawals without eroding principal, the framework in the Never Touch the Principal guide walks through the mechanics. The goal is not to eliminate risk, but to separate recurring service bills from the part of the portfolio meant for market growth.

What to Do This Month Price your own aging-in-place package before sizing a portfolio. Get real quotes for weekly housekeeping, a meal delivery service, a part-time aide agency, and a one-time home modification assessment. The $78,535 average annual household expenditure is a national baseline, but your number will be geographic. BEA’s 2024 regional price parities put California at 110.7 and Mississippi at 87.0, meaning the same basket of goods and services generally costs much more in California than in Mississippi.

Separate the aging-in-place fund from the general retirement portfolio. A dedicated income sleeve, sized to the $36,000 target or your own quoted number, keeps the decision about whether to hire the housekeeper from depending entirely on whether the market is up or down that quarter.

Stress test the fund against service-cost inflation, not just the 2.8% Social Security COLA. If portfolio income cannot grow as fast as the services you need, the plan may still look fine in year one while quietly losing purchasing power later. That is the failure retirees are least likely to notice early enough to fix. A Stronger Way to Stay Put A paid-off home is a major retirement advantage, but it is not the same thing as an aging-in-place plan. The practical question is whether the house can generate, or be paired with, enough recurring income to pay for the help that keeps it livable.

Start with real local prices, build an income target around them, and stress test that target against service inflation. The goal is not simply to own the house at 85. The goal is to still be able to live in it safely.

Contact [email protected] for any questions or corrections.

Gold price (XAU/USD) is up 0.5% to near $4,020 during the European trading session on Tuesday. The precious metal gains as the US Dollar (USD) corrects ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.

US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar.

USDEURGBPJPYCADAUDNZDCHFUSD-0.12%-0.21%-0.15%-0.44%-0.42%-0.91%-0.30%EUR0.12%-0.09%-0.04%-0.32%-0.31%-0.76%-0.17%GBP0.21%0.09%0.07%-0.21%-0.19%-0.69%-0.07%JPY0.15%0.04%-0.07%-0.28%-0.28%-0.78%-0.17%CAD0.44%0.32%0.21%0.28%0.00%-0.47%0.14%AUD0.42%0.31%0.19%0.28%-0.01%-0.48%0.14%NZD0.91%0.76%0.69%0.78%0.47%0.48%0.62%CHF0.30%0.17%0.07%0.17%-0.14%-0.14%-0.62% 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 US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.18% lower to near 101.10.

Technically, a lower US Dollar makes the Gold price an attractive bet for investors.

Investors will closely track the US CPI data to get fresh cues regarding the Federal Reserve’s (Fed) monetary policy outlook, as latest Federal Open Market Committee (FOMC) minutes of the June policy meeting showed that policymakers see high inflation as a “dominant risk”.

The US headline CPI is expected to arrive lower at 3.8% Year-on-Year (YoY) from 4.2% in May, with core figures growing steadily by 2.9%.

Meanwhile, surging oil prices due to ongoing military attacks between the US and Iran have de-anchored global inflation expectations, a scenario that forces central banks to tighten monetary conditions, which is unfavorable for non-yielding assets, such as Gold.

Gold technical analysis

XAU/USD trades slightly higher at around $4,020 at press time. However, the precious metal reflects a bearish near-term bias as spot remains below the 20-day exponential moving average (EMA) at $4,126.07. The positioning under this key EMA suggests that rallies are still being capped by overhead supply, while the Relative Strength Index (14) around 39 hints at subdued but stabilizing downside momentum rather than aggressive selling.

On the topside, immediate resistance is defined by the 20-day EMA at $4,126.07, and a daily close above this barrier would be needed to ease current bearish pressure and open the way for a more sustained recovery. Looking up, the July 6 high at $4,202.61 will be the key barrier. On the downside, the Gold price could be exposed to a fresh downside leg if it drops below the June low at $3,941.76. The October 28 low at $3,886.62 will be a key support level, followed by the September 21 low at $3,717.51.

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

Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In ZoomInfo To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in ZoomInfo between November 3, 2025 and May 11, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 14, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ZoomInfo Technologies, Inc. ("ZoomInfo" or the "Company") (NASDAQ: GTM) and reminds investors of the August 24, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that the true state of ZoomInfo's slowing growth its legacy seat-based subscription platforms and weakening customer retention in its downmarket segment. Further, the Company minimized concerns that customers were moving towards consumption-based usage models and developing internal AI-driven go-to-market solutions.

On May 11, 2026, after the market closed, ZoomInfo announced its first quarter 2026 financial results, unveiling a sharp decline in growth outlook and accordingly lowered its 2026 full year financial guidance, and announced it was realigning its downmarket business, laying off 20% of its workforce, and expecting to incur approximately $45-60 million in restructuring costs. On this news, ZoomInfo's stock price fell $1.98, or approximately 33%, to close at $4.06 per share on May 12, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding ZoomInfo's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the ZoomInfo class action, go to www.faruqilaw.com/GTM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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

Frequently Asked Questions (FAQ) for Investors Regarding the ZoomInfo Securities Class Action Lawsuit:

What is the ZoomInfo securities fraud lawsuit about?

The lawsuit alleges that ZoomInfo Technologies, Inc. (NASDAQ: GTM) and certain of its officers and directors violated federal securities laws by making materially false and misleading statements to investors during the class period. Specifically, the complaint alleges that defendants issued overwhelmingly positive statements while allegedly concealing the true extent of slowing growth in ZoomInfo's legacy seat-based subscription platforms and weakening customer retention in its downmarket segment. The complaint further alleges that defendants minimized concerns that customers were shifting toward consumption-based usage models and developing internal AI-driven go-to-market solutions, which allegedly masked material adverse trends affecting the Company's business. On May 11, 2026, after markets closed, ZoomInfo allegedly disclosed the severity of these conditions when it announced sharply lowered full-year 2026 guidance, a realignment of its downmarket business, a workforce reduction of approximately 20%, and anticipated restructuring costs of approximately $45-60 million — news that allegedly caused the Company's stock to decline approximately 33% the following trading day.

Who may be eligible to participate in the lawsuit?

Investors who purchased or otherwise acquired ZoomInfo Technologies, Inc. (NASDAQ: GTM) securities during the class period — between November 3, 2025 and May 11, 2026, inclusive — may be eligible to participate in this lawsuit. Eligible investors are not limited to those who seek appointment as lead plaintiff; any class member who suffered losses during the class period may potentially share in any recovery obtained on behalf of the class. Investors are encouraged to review their trading records to determine whether their purchases fall within the applicable class period dates. Participation in the litigation does not require that an investor take an active role in the case or incur out-of-pocket legal expenses to be considered a potential class member.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation, including selecting and overseeing class counsel and making key strategic decisions in the case. Under the Private Securities Litigation Reform Act, any investor who purchased ZoomInfo Technologies securities during the class period and suffered a loss may move the court for appointment as lead plaintiff. The deadline to file a motion seeking lead plaintiff appointment is August 24, 2026. Importantly, investors are not required to serve as lead plaintiff in order to be eligible to share in any recovery that may result from the litigation; the vast majority of class members participate without taking on that representative role.

What should investors do if they purchased ZoomInfo stock during the Class Period?

Investors who purchased ZoomInfo Technologies, Inc. (NASDAQ: GTM) securities between November 3, 2025 and May 11, 2026 should promptly review their brokerage and account records to confirm the dates and prices of any relevant transactions. Investors are strongly encouraged to preserve all documentation related to their ZoomInfo securities purchases, including trade confirmations, account statements, and any communications concerning those investments. Given that the lead plaintiff motion deadline is August 24, 2026, investors who wish to explore their legal options — including the possibility of seeking appointment as lead plaintiff — should act in a timely manner. Investors may wish to consult with Faruqi & Faruqi, LLP or other qualified securities counsel to evaluate their rights and potential claims prior to that deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased ZoomInfo securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304998

Source: Faruqi & Faruqi LLP

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Michael Dell is the CEO and founder of Dell Technologies. Mandel NGAN / AFP via Getty Images It's a good year to be Michael Dell.

His net worth is up over $80 billion. His company's shares have risen 240% as it rides a wave of AI-driven growth. And, critically, Dell, 61, has found favor with perhaps the most influential man in the world: President Donald Trump.

Last week, Dell laptops received a ringing presidential endorsement that boosted the company's stock.

"Go out and buy a Dell computer," Trump told reporters at the White House at the launch of Trump Accounts on July 6, repeating a recommendation he had made in May. Later that day, Dell joined the president for lunch in the Rose Garden.

The tech CEO's recent public rapport with Trump has centered on Trump Accounts, the new investment savings account for children, and it has become one of the more visible — and steady — corporate relationships of the president's second term.

The Dells — Michael and his wife, Susan — made a $6.25 billion contribution to the program through their family foundation in December, and have appeared at several White House media days alongside the President.

Michael Dell (R) sits in the dorm room where he launched his namesake computing company.  Harry Cabluck/AP The corporate world's attitude toward Trump has changed since his first term, when cultivating a relationship with the president was often seen as a reputational risk. Now, many business leaders are working more closely with him.

The dynamic has seen the president exert pressure on Big Law, media organizations, universities, and, most recently, World Cup organizers. For executives, gaining Trump's favor — or at least avoiding his criticism — can be a powerful incentive.

The Dell Foundation and Dell did not respond to requests for comment from Business Insider.

Earning Trump's favorDell is exactly the kind of homegrown American success story the president likes. Michael Dell started his PC company in his college dorm room and went on to become the youngest CEO ever to lead a Fortune 500 company, at 27.

Dell had some involvement with the first Trump administration, joining the president's American Manufacturing Council, and attending a "day 1" meeting of business leaders, but his dealings then with Trump were more limited.

Now, things are different.

The two men have an easy rapport, as seen in recent footage of Dell joking with the president about owning a "Dellicopter" instead of a helicopter.

Trump Accounts launched on July 4th; Dell's involvement in the program dates back at least a year — he was present at the first "Invest America" roundtable (which became Trump Accounts) in June 2025. Dell told CNBC in December that he first became interested in seeding investment accounts for children around 2021.

The Dell Foundation has long focused its philanthropic efforts on children, education, and economic opportunity, aligning with the mission of Trump Accounts.

The billionaire CEO has quietly appeared at other government functions. In March, he joined the President's Council of Advisors on Science and Technology, alongside Marc Andreessen, Jensen Huang, and Mark Zuckerberg. Dell was previously a member of the council during President George W. Bush's administration.

Dell also attended White House dinner for Saudi Crown Prince Mohammed bin Salman in May.

"Michael and Susan Dell are patriots who are generously contributing billions of dollars of their fortune to the Trump Accounts of millions of kids from working-class families," said White House spokesman Kush Desai.

The president "rightfully" praised Dell and others who have donated to the program, he added.

What stands out about Dell's recent appearances is that, unlike other big-name tech leaders, whose faces are often as well known as the products their companies make, the billionaire CEO has tended to limit his time in the spotlight.

Dell rarely gives interviews or attends "it-crowd" events, and he was absent from the lineup of tech moguls at Trump's inauguration.

Michael and Susan Dell take lunch with the president on Monday, July 6.  Evan Vucci/Reuters "They aren't 'out there' as big backers of politicians like some of these other CEOs," said Douglas Schuler, a professor of Business and Public Policy at Rice Business School who specializes in corporate political activity.

"They seem to make political contributions to both sides of the aisle and to members of Congress where they have significant operations or with jurisdiction over their business activities," he said.

It's Dell's yearDell's relationship with Trump has coincided with a string of wins for the company.

Since the Dell Foundation announced its donation in December, the president has purchased more than $1 million in Dell stock. In April, he sold at least $50,000 worth of Dell shares and possibly as much as $100,000.

In February, Dell Technologies landed a $10 billion contract renewal with the US Department of Defense. Navy Chief Information Officer Barry Tanner told reporters the contract was awarded after a competitive evaluation process.

Shares of Dell popped in the days after Trump's promotion of the brand's laptops last week.

Dell's personal wealth is also surging. He's now the world's 6th-richest person with a net worth of $223 billion, adding $83.5 billion in 2026 alone, and trailing only Elon Musk in year-to-date wealth gain.

To be sure, Musk's own wealth boom shows that billionaires' net worth is hardly tied in the long term to how well they get along with the president.

After criticizing Trump's "big beautiful bill," Musk lost an estimated $34 billion in a single day, and Tesla's shares fell 14%. A year later, he's worth nearly $900 billion.

Dell owns roughly a 40% stake in his company, which has been enjoying a banner year driven by its AI offerings.

In May, the company reported its strongest quarterly earnings since its return to the public markets in 2018, with revenue of $43.8 billion.

Crucial to the company's growth has been its positioning as a key provider of AI infrastructure. Revenues in Dell's Infrastructure Solutions Group (ISG), which sells GPUs, memory, networking, cooling, storage, and services, were up 181% year over year in its first quarter earnings report.

The company has also been overhauling its internal operations as it seeks to position itself for its next era, modernizing all systems and programs used across the business and reducing its workforce by 36,000 over the past three years through layoffs and attrition. As of January, Dell employed roughly 97,000 people, per its latest 10-K filing.

Where business meets politicsNo matter what kind of approach executives take to Trump, there are no guarantees of a strong relationship with the president.

JPMorgan CEO Jamie Dimon, for instance, has tempered criticism of Trump's policies with praise over the years, but Trump still sued him and the bank for $5 billion in January, alleging JPMorgan closed his accounts for political reasons after the January 6 attack. The bank said the suit has no merit.

Dell CEO Michael Dell delivers a keynote address at the 2007 Oracle Open World conference November 14, 2007 in San Francisco, California.  Justin Sullivan/Getty Images Businesses often combine their market strategy with non-market initiatives, such as lobbying governments, donating to charity, or working with NGOs, Schuler said. Some research suggests that companies taking this broader approach perform better financially, but it is much harder to show that corporate political activity itself leads to stronger financial results for companies or their executives, he said.

"Is it possible that they benefited personally or the company itself? Certainly," Schuler of Rice University said. "Is it easy to show? No."

Whether it's genuinely aligned interests, political pragmatism, or a more calculated bid for influence, the president is in the Dells' corner.

"They are truly incredible people," Trump said last week, with the Dells beside him at the launch of Trump Accounts. "We're going to get him that money back one way or another."

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XRP has reached its breakout retest point, looking to defend an important support level that could determine its next major move.

XRP currently changes hands at $1.06, which puts it close to $0.9539, the exact price where it broke out of a six-year symmetrical triangle in 2024. This level could decide whether the broader bullish trend stays intact or gives way to a deeper correction.

Essentially, the $0.9539 area marked the breakout point that ended a long period of consolidation and started the rally that pushed XRP to $3.6 last July. 

As the price moves back toward that area, it remains to be seen if buyers can defend it. A successful defense would strengthen the current market structure, but a failure could signal that the upsurge is losing support.

XRP 6-Year Triangle Breakout Notably, XRP spent more than six years moving inside a large symmetrical triangle after reaching its cycle high during 2017 and 2018. Throughout this period, the chart formed five major pivot points, labeled A, B, C, D, and E, as the trading range became increasingly narrow.

However, the structure changed when XRP broke above the triangle in 2024 at around $0.95398. This breakout started a five-wave impulse move that carried the token to a high of $3.3 by January 2025. 

After completing the upsurge, the price pulled back toward the $2 area before recovering to the July 2025 all-time high of $3.66. From there, XRP has now corrected to the same breakout area.

XRP 1W Chart Such a correction often serves as an important test. Markets frequently return to previous breakout levels to see whether old resistance can become new support. If XRP holds above this level, it will confirm that the breakout remains valid. If it falls below it, further downside could play out.

XRP Could Face More Downside Before Possible Reversal Meanwhile, the 4-hour chart shows that XRP is trading inside a red symmetrical channel, where an ending diagonal appears to be developing. The pattern contains five overlapping sub-waves, and the fifth wave is still in progress.

Current projections suggest that the final leg of this pattern could take XRP into the $0.80 to $0.90 range before it finishes. Ending diagonals usually form near the end of a decline and suggest that selling pressure is fading. Once they are complete, they can lead to a strong recovery.

XRP 4h Chart However, for now, the pattern remains unfinished. This means XRP could still move lower in the short term before buyers attempt to regain control.

Important XRP Price Levels The first support area sits between $1.00 and $0.95398. If XRP drops below this range, the next support lies between $0.80 and $0.90, which aligns with the projected end of the current ending diagonal. 

A further decline would bring $0.60160 into the picture. This level marks an important pivot from the six-year triangle and could become the next major support for XRP.

The chart also highlights $0.39368 as the main Wave IV support level. If selling becomes much stronger, $0.11540 would represent the final capitulation target in the current technical outlook.

On the upside, XRP must first break through resistance between $1.20 and $1.30. If buyers clear that area, the next resistance sits at $1.60, followed by the previous high of $3.29998.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

New Throwback Value Menu Features the Hut Originals You Know and Love along with First-Time Offerings of Triple Cheese Mac and S'mores Sticks Dinner Service NY Streetwear Collaboration and "Back to the Hut" Bring to Life Fan-Favorite Brand Icons in Wearable Collection and Nostalgic Experience , /PRNewswire/ -- As part of Pizza Hut's Hut Originals platform, the brand is giving fans another reason to revisit their favorites with the debut of the new Throwback Value Menu*. Available starting today for a limited time, the menu brings together iconic Pizza Hut classics and new additions, all at a great value. Pizza Hut is also celebrating the fans who made the brand iconic through a Dinner Service NY Streetwear Collection and Back to the Hut Experience.

PIZZA HUT INTRODUCES NEW THROWBACK VALUE MENU TO CELEBRATE ITS MOST ICONIC MENU ITEMS

PIZZA HUT INTRODUCES NEW THROWBACK VALUE MENU TO CELEBRATE ITS MOST ICONIC MENU ITEMS Throwback Value Menu
The Throwback Value Menu makes it easy for fans to build their own Pizza Hut buffet with items starting at just $3. Offerings** include a $10 Medium 1-Topping Stuffed Crust Pizza, $3 Personal Pan Pizza (1-Topping), $4 Breadsticks, $4 Cinnamon Sticks, $3 Pepsi 2-Liter, and two new menu items making their debut: $6 NEW Triple Cheese Mac and $5 NEW S'mores Sticks.

Dinner Service NY Streetwear Collection
To bring Hut Originals to life beyond the menu, Pizza Hut is teaming up with Dinner Service NY, a brand known for transforming restaurant workwear into coveted streetwear. Rooted in Pizza Hut's rich restaurant heritage, the collaboration transforms iconic Pizza Hut uniforms, BOOK IT! nostalgia and fan-favorite memories into a limited-edition collection of button-down shirts, camo jackets, T-shirts, sweaters, rugby shirts, hats, totes and socks. The collection gives fans a new way to celebrate and wear their love for the brand. The collection will be live for shopping at 12 p.m. CST on July 16 at www.dinnerserviceny.com. And fans who join Hut Rewards*** can unlock exclusive early access to purchase the collection at 10 a.m. CST.

Back to the Hut Experience
Throughout the summer, Pizza Hut is inviting fans to prove they are true Hut Originals through the new "Back to the Hut" digital experience in the Hut Rewards app. Members can test their Pizza Hut knowledge through in-app trivia and challenges to unlock rewards, collectibles and exclusive experiences.

"Some of Pizza Hut's most iconic menu items have stood the test of time because fans never stopped loving them," said Melissa Friebe, Chief Marketing Officer for Pizza Hut. "With the Throwback Value Menu, we're bringing those favorites together at great value and pairing them with experiences that Feed Good Times and celebrate everything people love about Pizza Hut. From our collaboration with Dinner Service NY to the Back to the Hut experience, we're continuing to champion what makes Pizza Hut truly iconic."

The Throwback Value Menu is available for a limited time at participating Pizza Hut locations nationwide this summer. Because while trends come and go, some things never stop being iconic.

*The Throwback Value Menu is available for Carryout, Delivery and Dine-In at participating Pizza Hut locations nationwide. Not available on aggregator platforms. Pricing may vary at participating locations.

** Exclusions apply. Medium Stuffed Crust and Personal Pan Pizza include 1 topping. Additional charge for extra toppings, extra cheese & recipe pizza upgrade (recipes available on stuffed crust only). Product availability, combinability of discounts & specials, prices & participation may vary. Taxes, tip & delivery fees not included.

*** Hut  Rewards is open to US residents 18+ who have registered for the program. For full Hut Rewards Terms & Conditions, with details, restrictions, & limitations, visit pizzahut.com/hutrewards.

About Pizza Hut® 
Pizza Hut, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), was founded in 1958 in Wichita, Kansas, and is a global leader in the pizza category with nearly 20,000 restaurants in more than 110 markets and territories. The brand has earned a reputation as a trailblazer in innovation with the creation of icons like Original Pan® and Original Stuffed Crust® pizzas. In 1994, Pizza Hut pizza was the very first online food order, and today Pizza Hut continues leading the way in the digital and technology space with over half of transactions worldwide coming from digital orders. In addition, Pizza Hut has Hut Rewards®, the brand's loyalty program in the U.S. that offers points for every dollar spent on food any way you order. Leveraging its global presence, Pizza Hut also works to positively impact restaurant employees, the communities they serve and the environment through commitments across three priority areas: More Equity, Less Carbon and Better Packaging.

About Dinner Service NY
Dinner Service is a culture-forward apparel brand built on collaboration. They create garments that commemorate moments that matter. A service to memory. Since its founding, the brand has partnered with musicians, restaurants, hotels, artists and other culture shapers to create limited-run pieces built to be lived in. Past collaborators include Figma, C as in Charlie, Pink's, Las Vegas, Hamilton and L'Ermitage. Every release operates on the same principle: it happens once. Dinner Service is based in New York.  

Media Contact:
ALISON BROD MARKETING COMMUNICATIONS
[email protected]

SOURCE Pizza Hut

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PATH over 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.

Americká banka JPMorgan vykázala za druhé čtvrtletí fiskálního roku 2026 výrazně lepší výsledky, než očekával trh. Upravené tržby dosáhly 58,02 miliardy dolarů, zatímco konsenzus analytiků počítal s 51,39 miliardy dolarů. Zisk na akcii činil 7,70 dolaru. Podle generálního ředitele Jamieho Dimona dosáhla banka rekordních výnosů ve všech hlavních obchodních liniích, přičemž výsledky podpořilo mimořádně příznivé tržní prostředí. Akcie banky reagují v premarketu poklesem o 2 %.

Významným tahounem byly kapitálové trhy. Výnosy z obchodování s akciemi dosáhly 6,03 miliardy dolarů, což výrazně překonalo očekávání analytiků na úrovni 3,98 miliardy dolarů. Naopak výnosy z obchodování na trzích s pevným výnosem, měnami a komoditami (FICC) dosáhly 6,05 miliardy dolarů a mírně zaostaly za odhady 6,29 miliardy dolarů.

Silné čtvrtletí zaznamenala také investiční banka. Výnosy z investičního bankovnictví činily 3,90 miliardy dolarů, což je výrazně nad očekávanými 3,06 miliardy dolarů. K výsledku přispěly zejména emise cenných papírů. Výnosy z upisování akcií dosáhly 829 milionů dolarů oproti očekávaným 621 milionům dolarů a výnosy z dluhopisových emisí činily 1,44 miliardy dolarů proti odhadu 1,17 miliardy dolarů. Jedinou slabší složkou investičního bankovnictví bylo poradenství při transakcích, kde banka vykázala výnosy 1,01 miliardy dolarů, mírně pod konsenzem 1,07 miliardy dolarů.

Základní úrokový byznys zůstal stabilní. Řízený čistý úrokový výnos dosáhl 25,62 miliardy dolarů, prakticky v souladu s očekáváním trhu ve výši 25,64 miliardy dolarů. Čistý výnos z úročených aktiv činil 2,4 %, což bylo mírně pod odhadem 2,45 %.

Bilance banky dále rostla. Objem úvěrů vzrostl na 1,54 bilionu dolarů a překonal očekávaných 1,52 bilionu dolarů. Vklady klientů dosáhly 2,71 bilionu dolarů oproti odhadům 2,69 bilionu dolarů. Hotovost a prostředky uložené u bank činily 24,72 miliardy dolarů, rovněž nad konsenzem analytiků.

Na straně nákladů však banka vykázala určité tlaky. Personální náklady dosáhly 15,16 miliardy dolarů, zatímco analytici očekávali 14,87 miliardy dolarů. Celkové neúrokové náklady činily 27,32 miliardy dolarů a rovněž překročily odhad trhu 26,38 miliardy dolarů. Přesto se JPMorgan podařilo udržet řízený poměr nákladů k výnosům na úrovni 47 %, což je výrazně lepší výsledek než trhem očekávaných 51,9 %.

Banka rovněž vykázala velmi silnou ziskovost. Návratnost vlastního kapitálu (ROE) dosáhla 24 % oproti očekávaným 18 %, zatímco návratnost hmotného vlastního kapitálu (ROTCE) činila 29 %, výrazně nad odhadem 21,2 %. Kapitálová přiměřenost vyjádřená standardizovaným ukazatelem CET1 dosáhla 14,1 %.

Spravovaná aktiva vzrostla na 5,1 bilionu dolarů a překonala očekávání 5,04 bilionu dolarů. Hmotná účetní hodnota na akcii dosáhla 113,35 dolaru oproti odhadu 111,02 dolaru a účetní hodnota na akcii činila 133,01 dolaru proti očekávaným 131,10 dolaru.

Výsledky navíc podpořily významné jednorázové položky. JPMorgan zaúčtovala čistý zisk ve výši 4,6 miliardy dolarů související s podílem ve společnosti Visa a dalších 1,0 miliardy dolarů z některých kapitálových investic. Jamie Dimon nicméně upozornil, že současné výsledky odrážejí mimořádně příznivé podmínky a že rizika se podle něj „přesouvají pod povrch jako tektonické desky“, což naznačuje opatrnost ohledně budoucího vývoje ekonomického a tržního prostředí.

An unfavourable background is weighing on gold prices. The Fed has not ruled out a July rate hike. The US dollar posted its best day in three weeks on rumours of a US military blockade of the Strait of Hormuz. The escalation of the conflict in the Middle East enabled Brent to post its best daily percentage growth since 2020. This provided support for the greenback as a safe-haven asset and the currency of a net exporter of energy commodities. All the more so as the Fed may raise rates as early as its next meeting.

Christopher Waller spoke on this matter. The official expressed concerns about an acceleration in core inflation. If this is evident from the June consumer price report, the Fed should tighten monetary policy in July. The hawkish speech has raised the probability of two rate hikes in 2026 to 58% and the odds of a rate rise later this month to 43%. As a result, the US dollar has strengthened, and Treasury bond yields have risen.

This backdrop is unfavourable for gold. It does not pay interest and is therefore unable to compete with assets that do so in a rising-interest-rate environment. At the same time, the opportunity cost of holding the precious metal in ETFs is rising, and capital outflows from specialised funds are contributing to the peak in gold prices.

Gold recorded its second-worst daily fall of 2026 on Monday. Its losses since the start of the year have exceeded 7%. Optimists, including State Street Investment Management, believe that Asian demand for the physical asset remains stable. That said, a price drop to $3,900 per ounce would trigger a rally, allowing the precious metal to find its bottom.

In reality, the fate of Gold lies in the hands of geopolitics and the US consumer price index report. Signs of accelerating core inflation in June would give the Fed grounds to raise interest rates as early as July, further strengthening the US dollar and pushing up yields on US Treasury bonds.

Keep an eye on Kevin Warsh’s testimony before Congress, as the new Fed Chair has already sent shockwaves through the financial markets twice since taking office. His hawkish rhetoric at the press conference following the June FOMC meeting and his vague comments at the ECB symposium in Sintra sent gold on a roller coaster ride.

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