ABC a Disney žalují Trumpovu administrativu a FCC kvůli údajným odvetným krokům a snaze potrestat stanici za její zpravodajství. Žádají soud, aby zablokoval případné odebrání vysílacích licencí.
ToplineABC filed a lawsuit Tuesday morning against the Trump administration and its Federal Communications Commission for allegedly violating the network’s free speech and waging a “retaliatory campaign” against it, after FCC head Brendan Carr and President Donald Trump have repeatedly railed against the network and threatened its broadcast licenses.
The ABC west headquarters is seen on May 3 in Burbank, Calif.
Los Angeles Times via Getty Images
Key FactsABC and parent company Disney filed a lawsuit against the FCC and its commissioners in federal court in Washington, D.C., which alleges the Trump administration is trying to “punish Plaintiffs for their editorial judgments and coverage of the current administration.”
Carr has threatened the FCC could suspend broadcast licenses for ABC affiliates across the country—something that Trump has long pushed for—and ABC wants the court to block the FCC from doing so and rule that the move is a retaliatory attack against the network.
The White House has particularly taken issue with ABC’s “Jimmy Kimmel Live” and “The View” and their criticism of the president, with Trump also slamming the network and NBC for not airing his July 16 speech and saying it should warrant “a revocation of their licenses.”
Carr has publicly threatened he could revoke ABC and other networks’ broadcast licenses as Trump has demanded, telling the FT in May about the possibility the FCC could pull ABC affiliates off the air: “If you didn’t take us seriously, now you should.”
The Trump administration “has steadily increased the pressure on ABC,” the network argues in its lawsuit, alleging the government is reviewing the affiliates’ broadcast licenses years ahead of schedule, which suggests the true purpose of the review is “coercing and retaliating against a network that refuses to bow to the Administration’s demands.”
The White House and FCC have not yet responded to requests for comment.
Crucial Quote“Acting through the Federal Communications Commission, the Administration has waged a retaliatory campaign against ABC for a single reason: it disapproves of what ABC broadcasts,” the lawsuit alleges. It goes on to allege if the administration accomplishes its goal of revoking ABC’s broadcast licenses, “the message to every media company in the country will be unmistakable: tell only the stories the Administration deems favorable, or face the coercive machinery of the federal government. In such a world, the press could in no way be described as free.”
What to Watch forABC’s lawsuit notes the FCC could start the formal process to adjudicate the network’s broadcast licenses “any day now,” after previously asking for formal public comment on the issue. The network argued Tuesday that if it decides to review the licenses, it’s likely that “the only outcomes on the table are adverse to Plaintiffs”—whether that’s pulling networks off the air entirely, or “intentionally prolong[ing] the adjudicative process, miring ABC in years of costly litigation.” The lawsuit asks for the court to hold a “speedy hearing” and block the FCC from moving forward with license renewal proceedings while the litigation proceeds.
Surprising FactABC notes in its lawsuit that even Republican lawmakers allied with Trump have publicly opposed the Trump administration’s public threats against the network. Sen. Ted Cruz, R-Texas, has said the FCC is acting like a “mafioso” by threatening ABC’s licenses, while Sen. John Kennedy, R-La., said at a hearing earlier this month, “Sometimes the FCC scares me right now.” The GOP senator added, “I don’t like some of the stuff that is said on television, but what business is it of the FCC?”
FCC’s Actions Against ABC, ExplainedPrior to Tuesday’s lawsuit, ABC alleges the FCC has taken several steps to carry out its alleged “retaliatory campaign,” including reviving a lawsuit against an ABC affiliate that had previously been dropped. Carr notified ABC in March 2025 he had requested an investigation into whether ABC and Disney had violated “FCC equal employment opportunity regulations by promoting invidious forms of DEI discrimination,” citing the company’s diversity efforts, and has repeatedly issued “voluminous requests” for information that are allegedly “unheard of in modern FCC practice.” The agency is separately investigating “The View” for allegedly violating requirements for networks to give equal time to competing political candidates, despite ABC arguing the program has long qualified for an exemption for “bona fide news interview” programs under that rule. That has resulted in ABC deciding not to bring on any political candidates in recent months, it alleged, for fear of the consequences that could arise. In April, the FCC then demanded ABC file early renewal applications for its affiliates, despite their renewal windows still being years away, and gave it only 30 days to prepare the applications, rather than the months the network is typically afforded. That request violates federal law and FCC regulations, ABC alleges.
What Have Trump And Brendan Carr Said About ABC?Trump has long railed against networks that are critical to him and suggested their licenses should be taken away, saying at a 2020 campaign rally, “I keep saying if they’re reporting fake news, how come they can keep getting a license?” The president continued to attack ABC and other networks in the run-up to the 2024 election, particularly attacking ABC for its questions and fact-checking during a presidential debate and suggesting without evidence that it sent questions ahead of time to former Vice President Kamala Harris. If the network “did give the questions to Kamala, ABC’s license should be TERMINATED,” Trump wrote on Truth Social. His attacks have continued into his second term, with Trump repeatedly railing against ABC on Truth Social. After ABC News Chief Correspondent Mary Bruce asked him about releasing the Epstein files in a November 2025 interview, Trump also decried Bruce as a “terrible person” and said, “I think the license should be taken away from ABC because your news is so fake. As FCC commissioner, Carr has repeatedly echoed Trump’s rhetoric about potentially pulling networks’ licenses, and particularly took aim at ABC after late night host Jimmy Kimmel made comments about the death of Charlie Kirk, which resulted in the network briefly taking Kimmel’s show off the air. “We can do this the easy way or the hard way. These companies can find ways to take action on Kimmel, or there is going to be additional work for the FCC ahead,” Carr said on a podcast before Kimmel’s show was temporarily suspended.
Key BackgroundABC’s lawsuit against the FCC comes after the network previously reached a controversial settlement with Trump, paying $15 million towards Trump’s presidential library. The president sued the network for comments George Stephanopoulos made that inaccurately suggested Trump had been found liable for raping writer E. Jean Carroll. (He was found liable for defamation and sexual abuse, but not rape.) Trump has long railed against the media and so-called “fake news,” and has launched a series of legal challenges against media outlets in recent months, including against the BBC, CNN, CBS and New York Times. ABC is the first network that has been squarely targeted by the FCC, however, despite Trump also attacking coverage against him on other networks.
Further ReadingTrump Threatens ABC, NBC Broadcast Licenses Over Not Airing His Speech Live (Forbes)
FCC Launches Review Of 8 ABC Stations’ Licenses After Kimmel’s Melania Trump Joke (Forbes)
ABC Accuses Government Of Alleged First Amendment Violations For Political Coverage (Forbes)
Bernstein zvýšil cílovou cenu pro SpaceX na 248 USD a vidí v orbitálních datových centrech velkou příležitost. Firma by podle něj mohla do konce roku 2027 zvládnout téměř jeden start Starship denně.
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Bernstein aerospace and defense analyst Doug Harned raised his SpaceX price target to $248 and reiterated an Overweight rating, framing orbital data centers as a swing factor that could help drive SpaceX to over $600 billion in annual revenue by 2031.
SpaceX Could Launch One Starship per Day by the End of 2027
Harned’s core argument for SpaceX (NASDAQ:SPCX | SPCX Price Prediction) is that compute-in-space pricing is real. “We are definitely also very positive on the outlook for SpaceX. And I think what is so important here is that if they can get the orbital AI, basically orbital data centers, to work, we think this is still a very exciting opportunity,” he told CNBC.
He noted deals at $30-$55 per watt, adding that “this is not the pricing they’ve seen in these deals, which are between 30 and 50 to $55 a watt. That pricing is not really a surge price. They’re out in the market, and they’re seeing pretty attractive pricing opportunities.”
Launch volume hinges on Starship reusability. Harned said SpaceX has “even pulled up the time frame in which they think they can get large numbers of Starship launches out there. In fact, if you look at their plan now, it is to be able to have essentially pretty close to one Starship launch a day when you get to the end of 2027“ across five launch pads.
Bernstein Conservatively Models $600B in Revenue by 2031
Bernstein’s models are more conservative than Elon Musk’s guidance, but they still show the business will grow at an impressive trajectory: “We’ve taken a much more conservative view in our whole ramp rate forward out to 2031. But even with that conservative view, where we get out to around $600 billion in revenues in 2031, which is significantly below what they’re talking about, we think this is still a really powerful opportunity here.” The math requires roughly 3,500 Starship launches in 2031, with Launch 14 in the coming weeks serving as the next reusability proof point.
Harned reads recent SpaceX weakness as a buying opportunity, citing capex concerns and lockup fears. He remains skeptical on direct-to-device wireless and views Starlink’s consumer and enterprise broadband as an already-profitable foundation underneath the AI story.
How This Reads for Rocket Lab
Rocket Lab (NASDAQ:RKLB) is pursuing a comparable vertically integrated space stack, and management is already selling into the same demand curve. In its Q4 2025 update, the company introduced advanced silicon solar arrays targeted at gigawatt-scale space-based data centers.
On the Q2 FY2026 call, CEO Peter Beck said orbital data centers are “a real opportunity” and that with the largest space-grade solar manufacturer in the world, “if they turn out to be a real thing, I think we’ll be pretty deeply entrenched and well positioned to capitalize on it.”
Rocket Lab posted record Q2 FY2026 revenue of $234.07 million, up 62% year over year, a GAAP loss of $0.08 per share, and a record $2.36 billion backlog, up 137% year over year. Guidance calls for Q3 revenue of $250 million to $265 million, and Beck flagged more than $1 billion in new contracts already signed in Q3, including a $397 million Space Force Flatellite award and a $266 million Haste missile-defense deal.
Shares closed at $82.63 on August 17, 2026, up 87.46% over the past year and 15.04% year to date, against analysts’ consensus price target of $112.94.
Key Takeaways
Harned’s new $248 SpaceX price target values the company’s potential to move AI computing into orbit. SpaceX must now prove Starship will be able to launch frequently enough to support the economics.
Contact [email protected] for any questions or corrections.
Analytik Jefferies Corey Tarlowe říká, že Target má dnes větší růstový potenciál než Walmart, i po 47% růstu za poslední rok. Target tento týden zveřejní výsledky před otevřením trhu 19. srpna, Walmart pak 20. srpna. Target těží z levnější valuace i nového managementu.
Jefferies equity analyst Corey Tarlowe told CNBC on Monday, August 17, that Target (NYSE:TGT | TGT Price Prediction) still offers more upside than Walmart (NASDAQ:WMT), even after Target’s 47% run in the past year. Both companies report earnings this week, with Target reporting before the market opens on August 19, while Walmart reports before the market opens on August 20.
Walmart carries a $917 billion market cap versus Target’s $70 billion, and Walmart trades at 38x forward P/E while Target trades at 17x. Lead equity analyst Corey Tarlowe’s bull case for Target today rests on three key pillars:
A reasonable valuation multiple despite the rally
A new management team executing on merchandising
Margins sitting at a cyclical low
The Bull Case for Target
Tarlowe walked through the differences in what Walmart and Target sell: “Walmart is two-thirds food. Target’s about 50% what they call need-based, but only 25% is actually food and beverage,” he said. Target’s skew towards discretionary products has hurt Target in previous cycles, but now it could serve as a source of operating leverage on increased sales.
On product, Tarlowe pointed to Target’s refresh under CEO Michael Fiddelke: “50% of their assortment is going to be new this year. For back to school, they’ve added 1,500 new beauty items. They’ve added 3,000 new food and beverage items. This type of newness is actually translating into traffic.“
Jefferies’ preview flagged Target traffic up almost 4%, which lines up with Target’s own reported Q1 FY26 comp of +5.6% with traffic +4.4% disclosed in its Q1 earnings report, which also showed revenue of $25.44 billion, adjusted EPS of $1.71, and digital comp sales up 8.9%.
Target’s Margins Are at “Trough” Levels and Have Room to Improve
Tarlowe was blunt about the limits of Target’s competitive positioning: “They’re not going to beat Walmart on price. Nobody beats Walmart on price. But you have to be different, and you have to be unique, and you have to be new. And for Target, that’s working.”
The business could see substantial operating leverage from recent investments: “This year specifically, they’ve actually called out up to $2 billion of incremental investment… they’re in a penny-profit business. Their margins are razor thin today. They’re about 4%, which is on trough. And you’re putting a 20-times multiple on trough margins. We like to buy stocks when companies are at trough margins. Historically they’ve averaged close to 6%,“ Tarlowe said.
Walmart’s Bull Case
Tarlowe sees upside in Walmart too. “Despite Target’s substantial run, we actually think that there’s more opportunity. We think there’s more opportunity at both. But I’m highlighting Target specifically in light of the cheaper valuation and the ability for change, because you have new management and you have new product, you have new processes that they’re implementing,” he said.
Walmart’s flywheel continues to deliver. In Q1 FY27, the company posted revenue of $175.68 billion with U.S. comp sales up 4.1% ex-fuel, and it reiterated its FY27 outlook for adjusted EPS of $2.75 to $2.85.
What to Watch This Week
Tarlowe framed the consumer backdrop driving the traffic. “Traffic is up at a lot of the value-oriented retailers like Walmart, like Target. We published our preview last week, and we highlighted traffic growth at Target up almost 4%,” he said, noting fuel prices back above $4 per gallon nationally as a real pressure point on discretionary spend.
Walmart remains the dominant retailer, with unmatched pricing power and a growing advertising and marketplace business supporting its premium valuation. Target, however, offers the more dramatic turnaround opportunity. A refreshed assortment is already improving traffic, new management is changing how the company operates, and margins have room to recover from roughly 4% toward their historical 6% level.
This week’s earnings should reveal whether that recovery is strong enough to justify another leg higher after Target’s 47% rally in the past year.
Contact [email protected] for any questions or corrections.
DA Davidson obnovil cílovou cenu pro Nebius na 250 USD poté, co schválení datacentra ve Vinelandu odstranilo významné riziko. Projekt má kolem 300 MW, tedy 30 % až 37,5 % cíle připojeného výkonu pro rok 2026.
AI infrastructure stocks have become a strange corner of the market where a data center approval can matter almost as much as an earnings report. That makes sense when electricity and physical capacity are the scarce resources limiting how quickly companies can turn AI demand into revenue.
Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) has been one of the clearest examples. The company expects to finish 2026 with 800 megawatts (MW) to 1 gigawatt (GW) of connected power, up from roughly 170 MW of active power at the end of 2025. That makes every major data center approval important — and helps explain one of the more unusual Wall Street price target changes this year.
A Price Target Cut That Lasted Only One Week
DA Davidson analyst Gil Luria cut his Nebius price target from $250 to $175 last week while maintaining a Neutral rating. That represented a 30% reduction in his valuation. One week later, Luria reversed course and restored the $250 target.
The reason wasn’t a new earnings report or a dramatic change in Nebius’ financial guidance. It was Vineland, New Jersey.
DA Davidson said the approval of the Vineland data center removed a “significant risk” for Nebius. He had initially expected there to be a delay with the project’s approval by local authorities, but with that uncertainty now gone, Luria said the company could return to construction rather than become a “poster child” for data center delays.
That’s a remarkable swing, but the underlying logic is easier to understand once investors look at what Vineland represents.
One approval, a 30% swing, and a $3 billion revenue goal on the line—welcome to the high-stakes world of AI infrastructure execution.
Vineland Is Huge Relative To Nebius
The Vineland project is planned for around 300 MW of capacity. Against Nebius’ 800 MW to 1 GW year-end connected-power target, that single site represents 30% to 37.5% of the entire amount the company expects to have connected by the end of 2026.
Put differently, Vineland isn’t just some random location on Nebius’ data center map, but rather the heart of it, representing potentially more than one-third of this year’s capacity target.
And capacity is the engine behind Nebius’ financial ambitions. The company expects 2026 revenue of $3 billion to $3.4 billion and year-end annualized recurring revenue of $7 billion to $9 billion.
Nebius also isn’t building capacity merely to admire the concrete. It has already signed major commitments with customers including Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META), creating a path to monetize the infrastructure as it comes online.
That makes delays particularly painful. Every delayed megawatt is potentially delayed revenue.
The Bigger Investment Thesis Is Capacity
To put Luria’s about-face into perspective, Nebius had already raised its contracted-power target above 3 GW for 2026, while maintaining the 800 MW-to-1 GW connected-power target. The distinction matters: contracted power is capacity secured for future use, while connected power is attached to completed infrastructure that can actually support GPU deployment.
That gap is where execution risk lives. CoreWeave (NASDAQ:CRWV), the closest publicly traded comparison, has pursued a similar strategy of locking up massive amounts of power and data-center capacity to serve hyperscaler customers. DA Davidson’s latest note explicitly said the restored $250 target reflects a premium to comparable CoreWeave.
Granted, the $250 target doesn’t mean Luria suddenly believes every risk has disappeared. He kept the Neutral rating because Nebius shares had already moved ahead of the Vineland hearing.
Key Takeaway
In short, DA Davidson’s whipsaw isn’t as irrational as it first appears. The firm wasn’t changing its view of Nebius’ entire business every seven days. It was repricing one critical execution risk — and then removing it when Vineland received approval.
For investors, that’s the more important lesson. A 300 MW project represents fully one-third of Nebius’ 2026 connected-power goal. Getting Vineland approved therefore removes a bottleneck that could have impaired the company’s ability to deliver its $3 billion to $3.4 billion revenue target.
Ultimately, the $250 target is less interesting than what it tells investors: Nebius’ biggest risk isn’t a lack of AI demand. It’s converting enormous demand into powered, operational data centers fast enough to capture it. Vineland is a meaningful step in that direction.
Contact [email protected] for any questions or corrections.
GE Aerospace ve 2. čtvrtletí zvýšila tržby o 21,1 % na 13,349 miliardy USD a upravený EPS činil 2,02 USD, nad odhadem. Firma zároveň zvedla celoroční výhled EPS i volného cash flow.
At $369.43, GE Aerospace (NYSE:GE | GE Price Prediction) looks fully valued, even as Wall Street consensus stays firmly bullish on the aviation giant. The stock has hit a wall of premium multiples and supply-side execution risk, arguing for patience over fresh buying.
GE Aerospace is a pure-play jet engine business dominating the commercial narrow-body market through its CFM joint venture, with roughly 50,000 commercial and 30,000 military engines installed. That footprint drives a services annuity that produced $3 billion of free cash flow in the June quarter. Shares are up 38.63% over the past year and 498.99% across five years, a rerating that has taken the multiple from cyclical to structural.
Why the Bull Camp Is Not Backing Down
The operational story is flawless. GE printed five consecutive EPS beats, with Q2 2026 adjusted EPS of $2.02 against a $1.8565 consensus and revenue of $13.349 billion, up 21.1% year over year. Management raised full-year guidance to $7.65 to $7.85 EPS and $8.9 to $9.2 billion in free cash flow.
Backlog sits above $210 billion, the LEAP-1B durability kit is certified with a projected two-fold improvement in time-on-wing, and CEO Larry Culp said “demand could evolve from here, but it’s been far more resilient than maybe many of us would have expected.” That is why 86% of covering analysts carry a bullish rating.
Why the Multiple Is Doing the Heavy Lifting
At the current price, GE trades at roughly 43x trailing earnings and 47x to 48x forward guidance, leaving little room for operational hiccups. The bear case starts with the supply chain. Spare parts delinquencies rose 20% sequentially in Q2, MRO capacity is “really oversubscribed”, and Culp framed it plainly: “It’s much more supply side challenge than it is demand.”
Margins are compressing where growth is loudest. CES margins fell 160 basis points to 27.3% in Q2 on installed engine mix and GE9X investment. CFO Rahul Ghai warned that GE9X losses peak by 2028. Insider activity leans the same direction, with senior VPs Mohamed Ali and Riccardo Procacci selling into strength near $347 to $353.
Why Patience Beats Conviction Here
The case for patience is straightforward. Fundamentals are excellent, but the stock is priced for that excellence. The internal fair-value model pegs GE at $397.06, only 7.48% above spot, and the base-case one-year scenario returns the same figure. Shares sit just 4% below the 52-week high of $388.84, and margin expansion is not expected to reaccelerate until 2028.
The Data Behind the Verdict
GE trades at $369.43 against a Wall Street consensus target of $404.90, implying roughly 9.6% upside. Twenty-two analysts cover the name: 3 Strong Buy, 16 Buy, 1 Hold, 0 Sell, and 2 Strong Sell. Analyst targets are one data point among many, especially when the model’s fair value already sits below consensus.
The trailing P/E is 43 with a forward multiple of 47, a PEG of 5.41, and price-to-sales at 7.55. Year to date, GE is up 20.26% versus the S&P 500’s 13.14%, and its one-year gain of 38.63% nearly doubles the index’s 20.09%.
Why Waiting Is the Right Call at $369
At $369.43, GE Aerospace looks fairly valued. The bull thesis and current price already align. Buying today requires believing the LEAP ramp accelerates through supply constraints, that GE9X losses shrink faster than Ghai’s 2028 guide, and that a 47x forward multiple holds while margins compress. That is a lot to underwrite in one trade.
The sell case has its own problems. Backlog visibility of $210 billion, over 95% of Q3 spare parts revenue already booked, and a raised free cash flow floor of $8.9 billion put a real bid under the stock on any pullback. Shorting a company beating and raising every quarter is a low-percentage trade.
The upgrade trigger is a pullback into the low $300s or evidence that CES margins have stopped compressing. The downgrade trigger is a supply chain miss forcing a guidance cut, or LEAP durability retrofits slipping past early 2027. Watch shop visit turnaround times, spare parts delinquencies, and the GE9X margin trajectory quarter by quarter.
GE Aerospace is a great business at a demanding price. For current holders, the setup favors patience over adding at these levels while waiting for a better entry.
Contact [email protected] for any questions or corrections.
The Home Depot spouští po celých USA expresní doručení za malý paušální poplatek bez členství. Zboží doručí z více než 2 000 obchodů do tří hodin nebo méně.
Available across U.S. markets for a small flat fee with no subscription or membership required, making rapid delivery accessible to Pro and DIY customers.
Express Delivery leverages 2,000+ Home Depot U.S. stores as neighborhood fulfillment hubs, delivering trade-grade products and everyday DIY essentials in three hours or less.
Delivers thousands of SKUs across plumbing, electrical, hardware, paint, tools, and everyday project supplies straight from local stores to the doorstep or job site.
, /PRNewswire/ -- The Home Depot® today announced the nationwide rollout of Express Delivery, bringing rapid fulfillment to millions of Pro and DIY customers for a small flat fee in U.S. markets, with no subscription or membership required.
Leveraging its supply chain network and more than 2,000 U.S. stores functioning as fulfillment hubs, The Home Depot's Express Delivery reinforces the company's position as the fastest delivery provider in home improvement. Now, customers can get need-it-now items in three hours or less, including materials and supplies for Pro construction projects. Shoppers can view Express Delivery eligibility on product pages and in the cart at checkout.
"Customers expect products to be available when and where they need them, and Express Delivery helps us meet that expectation with a fast, reliable solution," said Jordan Broggi, EVP of Interconnected Retail. "Whether you're a DIYer who needs one more bag of fertilizer to finish the yard or a Pro running short on adhesives and caulk for a time-sensitive job, Express Delivery makes it easier than ever for our customers to get the supplies they need, right when they need them most."
The Home Depot continues to invest in offerings that bring convenience, value and choice to both DIY and Pro customers, including:
Express Delivery for a small flat fee per order with no membership required, delivering Pro and DIY essentials in three hours or less. The Home Depot expects to offer even faster delivery speeds in the months ahead.
Free same-day delivery on orders of $25 or more placed by 4 p.m., giving customers another way to get the products they need for time-sensitive projects.
An extensive delivery center network delivering thousands of items as quickly as same day across categories like lighting, vanities, décor, building materials, and more. Working in conjunction with local stores, this network delivers more than 65% of in-stock parcel products same day or next day, and approximately 55% of in-stock big and bulky orders within two days.
Next day major appliance delivery reaching 60% of the U.S. population on key SKUs, helping customers replace critical appliances like refrigerators, washers and dryers quickly and enabling Pros to source appliances for time-sensitive repairs faster.
For more information on The Home Depot's delivery offerings, visit https://corporate.homedepot.com.
About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the company operated a total of 2,364 retail stores and over 1,340 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this release constitute "forward-looking statements" as defined in the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and current assumptions, expectations and projections about future events. Forward-looking statements may relate to, among other things, implementation of interconnected, store, supply chain, technology, innovation and other strategic initiatives. Forward-looking statements are subject to substantial risks and uncertainties including, but not limited to, those described in our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and the company does not undertake to update them other than as required by law. You are advised, however, to review any further public disclosures that the company makes on related subjects, including its subsequent filings with the Securities and Exchange Commission.
Intel a AMD v úterý klesly o 4 % kvůli rostoucím výnosům dluhopisů, které tlačí na technologické tituly. 13F filings zároveň ukázaly výrazně koncentrované sázky na Intel u NVIDIA a SoftBank.
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Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are down 4% to $98.60 Tuesday morning, sliding with the broader chip group as rising Treasury yields pressure high-multiple technology names. Advanced Micro Devices (NASDAQ:AMD) stock is down 4% to $487.89. NVIDIA (NASDAQ:NVDA) stock is down 2% to $220.22.
The pullback lands on top of enormous 2026 runs. Through Monday’s close, Intel stock was up 180% year to date (YTD), AMD stock was up 136% YTD, and NVIDIA stock had gained 21% YTD. The bigger story sitting under Tuesday’s session is what quarterly institutional filings disclosed about who was crowding into Intel as of June 30.
Concentrated Chip Bets Revealed in 13F Filings
Quarterly 13F filings are point-in-time snapshots as of June 30, disclosed roughly 45 days after quarter close. They cover only disclosed U.S. equity holdings, not entire balance sheets, and the positions may already have changed. NVIDIA disclosed 214,776,632 Intel shares valued at $29,989,261,126, representing 47.27% of its disclosed equity portfolio.
That’s an extraordinary single-name weight for any disclosed institutional book, and the striking detail is that Intel competes directly with NVIDIA in parts of the data center market. Because 13F filings exclude index managers and non-U.S. holdings, this figure should not be read as a claim about NVIDIA’s overall capital allocation or Intel’s largest shareholder.
The widely covered angle involved SoftBank Group, listed in Tokyo. SoftBank disclosed 86,956,522 Intel shares valued at $12,141,739,167, representing 66.81% of its disclosed U.S. equity portfolio. This builds on SoftBank’s $2 billion strategic investment in Intel that closed in the third quarter of 2025, and SoftBank reported first-quarter fiscal 2026 net income of 347.3 billion yen, driven by a 1.3 trillion yen gain on Intel stock.
Coatue Management disclosed a new Intel position of 12,084,027 shares valued at $1,687,292,689, representing 3.47% of its portfolio. Tiger Global Management added to its Intel position, while D. E. Shaw, Renaissance Technologies and Point72 Asset Management each trimmed their Intel positions. On the bearish side, Millennium Management disclosed a put position on 7,398,900 underlying Intel shares as of June 30, which is a bearish bet rather than ownership.
Peer Read: Advanced Micro Devices and NVIDIA
Advanced Micro Devices is Intel’s direct competitor in processors, and AMD stock is tracking Intel lower on the day. NVIDIA plays a dual role in Tuesday’s story as both a data center rival to Intel and the holder of the largest disclosed Intel position in the June 30 filings.
NVIDIA stock is falling less than Intel and AMD on the session and carries a much smaller 2026 gain, which is consistent with the most-appreciated names getting hit hardest in a rate-driven pullback. Intel’s fundamentals still look supportive: second-quarter fiscal 2026 revenue was $16.128 billion, a 25.4% increase year over year, with the Data Center and AI segment rising 59% to $6.262 billion (the same buildout is lifting suppliers beyond the chipmakers, which we mapped in a report here: 7 Stocks Powering the AI Boom). Intel guided third-quarter 2026 revenue to a range of $15.8 billion to $16.8 billion.
Sector ETF Tracks the Move
The iShares Semiconductor ETF (NASDAQ:SOXX) is down 4% to $537.48, matching Intel’s percentage decline on the day. Through Monday’s close, the ETF was up 86% YTD.
The fund is a sector product carrying concentration risk relative to the broad market, and it is not leveraged. The parallel move across Intel, AMD and the ETF signals Tuesday’s action is a sector-wide rate story rather than anything specific to Intel.
What to Watch
The filings snapshot is backward-looking. The open questions from here are whether the next round of quarterly filings shows these concentrated Intel positions maintained, reduced or exited, and whether yields keep pressuring the group.
Investors could look for signs that Intel’s third-quarter results land inside the guided range. Traders may want to keep an eye on whether the semiconductor ETF holds recent support as the session progresses.
Contact [email protected] for any questions or corrections.
Intel má v portfoliu jen dvě akcie za 620 milionů USD: 50 milionů akcií Mobileye za 484 milionů USD a 15,3 milionu akcií Joby Aviation za 136,6 milionu USD. Obě sází na autonomní mobilitu řízenou AI.
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For a company with a $541.83 billion market cap, Intel (NASDAQ:INTC | INTC Price Prediction) runs an almost comically small disclosed equity book. Its Q2 2026 13F filing lists exactly two positions worth a combined $620 million as of June 30, 2026. Both are bets on autonomous, AI-driven mobility. Both are down sharply in 2026. And both sit at the intersection of CEO Lip-Bu Tan’s edge-AI thesis.
The concentration is striking. 50 million shares of Mobileye account for $484 million, or 77.99% of the portfolio, with 15.3 million shares of Joby Aviation making up the remaining $136.6 million, or 22.01%. The entire book concentrates on two companies tied to physical AI.
The Mobileye Legacy Stake
Mobileye (NASDAQ:MBLY) is the residue of Intel’s 2017 acquisition and 2022 spinout. The autonomous driving unit posted Q2 2026 revenue of $508 million (+0.4% YoY) and adjusted EPS of $0.19 versus a $0.04 loss estimate.
CEO Amnon Shashua told investors, “Our foundation is robust and highly profitable, boosted by the recently enacted R&D Law which we expect to sustainably raise the margin baseline of the business.”
The stake is far from unblemished. Intel recorded a $4.07 billion Q1 2026 restructuring charge largely tied to Mobileye goodwill impairment. Mobileye shares are down 11.59% year to date and 34.12% over the past year, closing at $9.23 on August 17, 2026. Analysts still carry a $12.10 average target, with five Strong Buys, eight Buys, and 14 Holds.
The Joby Wild Card
Joby Aviation (NYSE:JOBY) is the more unusual position for a semiconductor company. The eVTOL developer generated quarterly revenue growth of 2,574.93% YoY off a low base and burned enough cash to produce negative EBITDA of $838.78 million. Shares trade at 67.36 times sales and are off 40.08% year to date, closing at $7.91.
CEO JoeBen Bevirt framed the quarter this way: “With meaningful progress on certification, partnerships, infrastructure and commercial readiness, we are unlocking the third dimension of mobility and turning electric vertical flight from an extraordinary technology into an everyday reality.”
FAA type certification is progressing, with Stage 3 at 83% and Stage 4 at 20%, and first passenger flights are targeted for 2026.
What It Signals
Tan is treating these as active strategic bets. On the Q2 2026 call, he renamed the Client Computing group to recognize “the growing opportunity for AI at the edge,” which he said is “likely to at least match the client TAM over time.” Mobileye and Joby are effectively public-market expressions of that edge-AI thesis.
Intel itself is up 180.46% year to date, riding Q2 revenue of $16.13 billion (+25.4% YoY) and Data Center & AI growth of 59%. Against a $30 billion cash position, the $620 million book is a rounding error.
But it is the clearest public signal of where Tan thinks silicon meets the physical world next. Retail holders should watch two things: any further Mobileye impairment testing tied to the depressed share price, and whether Joby’s late-2026 certification milestones justify keeping the stake intact.
Contact [email protected] for any questions or corrections.
Buckland Partners Management Co LLC ve 2. čtvrtletí koupila novou pozici v Cisco Systems: 15 000 akcií za zhruba 1,76 milionu USD. Cisco zároveň oznámila čtvrtletní tržby 17,25 miliardy USD a zisk na akcii 1,22 USD, což překonalo odhady.
Buckland Partners Management Co LLC bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,000 shares of the network equipment provider’s stock, valued at approximately $1,762,000.
Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Cisco Systems during the second quarter worth $42,129,647,000. Norges Bank acquired a new stake in shares of Cisco Systems in the fourth quarter valued at about $4,473,272,000. Auto Owners Insurance Co grew its position in shares of Cisco Systems by 8,718.3% in the fourth quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider’s stock valued at $400,190,000 after purchasing an additional 51,363,281 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Cisco Systems during the second quarter worth about $4,714,574,000. Finally, Deutsche Bank AG purchased a new stake in shares of Cisco Systems during the second quarter worth about $1,997,004,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Insider Transactions at Cisco Systems
In other Cisco Systems news, CEO Charles Robbins sold 21,628 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the transaction, the chief executive officer owned 602,710 shares of the company’s stock, valued at $67,226,273.40. This represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This trade represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 69,179 shares of company stock valued at $7,985,229 in the last three months. 0.01% of the stock is currently owned by corporate insiders.
Cisco Systems Stock Performance
CSCO opened at $112.90 on Tuesday. The firm has a market capitalization of $444.99 billion, a PE ratio of 33.80, a PEG ratio of 2.38 and a beta of 1.02. Cisco Systems, Inc. has a twelve month low of $65.75 and a twelve month high of $130.37. The firm’s 50-day moving average price is $116.81 and its 200 day moving average price is $99.48. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company had revenue of $17.25 billion during the quarter, compared to analysts’ expectations of $16.84 billion. During the same quarter in the prior year, the company earned $0.99 EPS. Cisco Systems’s revenue was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 4.09 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. Cisco Systems’s dividend payout ratio is currently 50.30%.
Cisco Systems News Roundup
Here are the key news stories impacting Cisco Systems this week:
Positive Sentiment: Cisco reported record quarterly revenue of approximately $17.3 billion, up 18% year over year, while non-GAAP earnings per share reached $1.22 and surpassed consensus estimates. Management also issued an optimistic fiscal 2027 outlook, supporting the growth case. Why Cisco Stock Is Down Today
Positive Sentiment: Analysts and market commentators characterize the roughly 8% post-earnings decline as an overreaction, arguing that Cisco’s improving AI networking opportunity and strong results may provide support for the shares. Cisco: This 8% Selloff Looks Like An Overreaction
Neutral Sentiment: The latest quarter benefited from higher hardware prices, a heavier product mix and pricing actions intended to offset rising memory costs. However, those same memory expenses and the hardware mix pressured product margins, creating a key profitability concern for investors. Cisco Grew Faster By Selling Hardware and Charging More for It
Neutral Sentiment: Several reports highlighted exchange-traded funds that provide exposure to Cisco’s AI-driven growth while reducing the risk of holding the individual stock, indicating continued interest in the company but also investor caution after the selloff. ETFs to Buy as Cisco Shares Sink
Negative Sentiment: HSBC downgraded Cisco to Hold, which may limit near-term upside and reflects caution regarding the stock’s valuation and post-earnings performance. Cisco Systems Cut to Hold at HSBC
Negative Sentiment: CEO Charles Robbins and three other insiders sold a combined 38,045 shares for approximately $4.25 million. Because the transactions were executed under pre-arranged Rule 10b5-1 plans and the executives retained substantial holdings, the sales are a modest negative signal rather than a clear change in management’s outlook.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Bank of America raised their price target on shares of Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, June 8th. UBS Group increased their target price on Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. raised their target price on Cisco Systems from $95.00 to $96.00 in a research report on Monday, May 11th. Piper Sandler lifted their price target on Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Finally, Citic Securities boosted their price target on Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.43.
Check Out Our Latest Report on Cisco Systems
Cisco Systems Profile
(Free Report)
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
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BlackRock Inc. bought a new position in shares of Phillips 66 (NYSE:PSX – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 34,112,861 shares of the oil and gas company’s stock, valued at approximately $5,766,779,000. BlackRock Inc. owned 8.51% of Phillips 66 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Phillips 66 by 238.5% during the 4th quarter. Brighton Jones LLC now owns 10,239 shares of the oil and gas company’s stock worth $1,166,000 after purchasing an additional 7,214 shares during the period. Woodline Partners LP grew its holdings in Phillips 66 by 40.7% during the 1st quarter. Woodline Partners LP now owns 34,891 shares of the oil and gas company’s stock worth $4,308,000 after acquiring an additional 10,089 shares in the last quarter. Sei Investments Co. grew its holdings in Phillips 66 by 28.3% during the 2nd quarter. Sei Investments Co. now owns 157,455 shares of the oil and gas company’s stock worth $18,788,000 after acquiring an additional 34,698 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Phillips 66 by 9.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 346,679 shares of the oil and gas company’s stock valued at $41,359,000 after purchasing an additional 28,988 shares during the period. Finally, Glenview Trust co increased its position in Phillips 66 by 2.6% during the 2nd quarter. Glenview Trust co now owns 8,949 shares of the oil and gas company’s stock valued at $1,068,000 after purchasing an additional 229 shares during the period. Hedge funds and other institutional investors own 76.93% of the company’s stock.
Phillips 66 Trading Up 2.9%
Shares of NYSE:PSX opened at $240.50 on Tuesday. The business’s 50-day moving average is $193.87 and its 200 day moving average is $176.91. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.32 and a quick ratio of 1.00. Phillips 66 has a 1 year low of $121.24 and a 1 year high of $240.67. The firm has a market capitalization of $95.96 billion, a P/E ratio of 13.70, a P/E/G ratio of 0.17 and a beta of 0.68.
Phillips 66 (NYSE:PSX – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The oil and gas company reported $9.41 earnings per share for the quarter, topping the consensus estimate of $7.50 by $1.91. Phillips 66 had a return on equity of 19.93% and a net margin of 4.54%.The business had revenue of $52.04 billion during the quarter, compared to the consensus estimate of $43.60 billion. During the same quarter last year, the company earned $2.38 earnings per share. On average, research analysts predict that Phillips 66 will post 24.44 earnings per share for the current fiscal year.
Phillips 66 announced that its Board of Directors has authorized a share repurchase plan on Friday, July 31st that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the oil and gas company to purchase up to 11.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.
Phillips 66 Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be given a $1.27 dividend. This represents a $5.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, August 18th. Phillips 66’s dividend payout ratio (DPR) is presently 28.95%.
Insider Activity at Phillips 66
In related news, EVP Vanessa Allen Sutherland sold 3,523 shares of Phillips 66 stock in a transaction that occurred on Tuesday, July 21st. The shares were sold at an average price of $211.05, for a total value of $743,529.15. Following the completion of the sale, the executive vice president directly owned 27,537 shares in the company, valued at $5,811,683.85. This trade represents a 11.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin J. Mitchell sold 11,021 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $190.03, for a total transaction of $2,094,320.63. Following the sale, the chief financial officer directly owned 97,376 shares in the company, valued at approximately $18,504,361.28. This represents a 10.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 100,507 shares of company stock valued at $21,770,810 over the last 90 days. Company insiders own 0.40% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on PSX shares. BMO Capital Markets upped their price target on shares of Phillips 66 from $195.00 to $215.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group lifted their price objective on shares of Phillips 66 from $207.00 to $235.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Phillips 66 from $188.00 to $202.00 in a research note on Thursday, April 30th. Raymond James Financial upped their target price on Phillips 66 from $218.00 to $235.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Finally, Argus increased their target price on Phillips 66 from $185.00 to $197.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $206.56.
Get Our Latest Stock Analysis on Phillips 66
Phillips 66 Profile
(Free Report)
Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.
The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.
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Oracle zvýšila dividendu 12. rok v řadě na 2 USD na akcii, i když masivní výdaje na AI tlačí její volný peněžní tok do záporu. Management přesto říká, že výplata je zatím bezpečná.
If you own shares of Oracle (ORCL -0.92%) and watch Chief Technology Officer Larry Ellison collect a $579 million dividend check each quarter, it would be natural for you to wonder if the company can really keep those payouts intact while it's burning through cash to build new AI data centers.
The short answer is that the dividend looks reasonably safe today, but its longer-term viability is now tied directly to how well Oracle's massive AI bet plays out over the next few years.
Larry Ellison, CTO of Oracle. Image source: Oracle Corporation.
Oracle has turned itself into a dividend story. The board has raised the payout for 12 straight years, lifting the annual dividend from $1.70 to $2 a share, and most recently distributed another $0.50 quarterly payment on July 24. For Ellison, that adds up to roughly $2.3 billion a year on a stake of about 1.16 billion shares, which tells you how personally invested he is in keeping the checks coming. For a regular shareholder, the yield is modest at roughly 1.3% to 1.4%, but the payout ratio is in the mid-30% range, and dividend coverage of around 4 times shows the dividend is comfortably supported by accounting earnings.
Today's Change
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Oracle is spending a lot of money on AI The tension comes from the cash side of the story. Oracle is in the middle of one of the most aggressive AI infrastructure build-outs in the tech sector. It spent about $55.7 billion on capital expenditures (capex) in its recently completed fiscal 2026, above its own $50 billion target, and is guiding for roughly $70 billion of net cash outlay in fiscal 2027 plus another $20 billion to $25 billion funded by partners. That spending has already pushed its free cash flow to somewhere around negative $23.7 billion, and management has signaled plans to raise roughly $40 billion to $50 billion by issuing new debt and selling new equity to fund its ongoing build-out. In plain language, Oracle is borrowing heavily to build AI data centers while still sending $2 a share annually to investors.
So is the payout still safe? For now, yes, largely because Oracle's income statement and backlog look strong. Its cloud infrastructure and database revenues are growing quickly, its remaining performance obligations have surged into the hundreds of billions of dollars, and the dividend is small relative to the scale of the business. Meanwhile, Ellison still desires to be compensated in cash for his stake rather than only in paper gains. If you are thinking about the next couple of years, the bigger risks sit with the AI plan itself: execution, customer concentration around OpenAI, and Oracle's ability to manage a much larger debt load.
In that context, the dividend starts to look like a promise Oracle will work hard not to break. Cutting it would send a harsh signal to the market and to Ellison himself. As long as Oracle's AI contracts continue to convert backlog into real cloud revenue and the balance sheet remains manageable, the $2 per share payout should be fine.
BTC Capital Management Inc. ve druhém čtvrtletí koupila nový podíl v Micron Technology za přibližně 17,033 mil. USD. Drží 14 756 akcií a Micron tvoří asi 1 % jejího portfolia.
BTC Capital Management Inc. purchased a new stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 14,756 shares of the semiconductor manufacturer’s stock, valued at approximately $17,033,000. Micron Technology makes up about 1.0% of BTC Capital Management Inc.’s investment portfolio, making the stock its 19th largest holding.
Several other hedge funds also recently added to or reduced their stakes in MU. High Note Wealth LLC grew its stake in shares of Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Micron Technology during the 1st quarter valued at about $27,000. Bayban acquired a new position in Micron Technology during the 4th quarter worth approximately $29,000. GHP Investment Advisors Inc. lifted its position in Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 52 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new position in Micron Technology in the 4th quarter worth approximately $31,000. 80.84% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades A number of analysts have recently issued reports on the stock. TD Cowen reiterated a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Wolfe Research set a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. Bank of America raised their price target on shares of Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Wedbush lifted their price target on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Finally, Erste Group Bank upgraded shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $1,259.97.
Read Our Latest Research Report on MU Insider Transactions at Micron Technology In other news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the transaction, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 162,179 shares of company stock valued at $167,811,861 over the last ninety days. 0.24% of the stock is currently owned by company insiders.
Micron Technology News Summary Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: AI-driven memory shortage: Demand for high-bandwidth memory (HBM) used in AI data centers continues to absorb manufacturing capacity. HBM requires substantially more wafer capacity than conventional DRAM, supporting tight supply, higher pricing and stronger margins for Micron. Industry growth targets and fully allocated HBM production suggest the shortage could persist. Why This Memory Chip Boom May Have More Staying Power Than History Suggests Positive Sentiment: U.S. policy reduces Chinese competition: Reports that the White House is discouraging U.S. technology companies from sourcing conventional memory chips from Chinese suppliers, including Apple’s potential suppliers, improved sentiment toward Micron and other Western memory producers. The policy could strengthen Micron’s negotiating position and support longer-term domestic demand. Micron Shares Rise as White House Pushes Apple Away From Chinese Memory Chips Positive Sentiment: Upbeat analyst outlook: Bank of America maintained a Buy rating and a $1,550 price target, arguing that concerns about a cyclical peak are overstated. The firm projects Micron’s earnings could exceed $230 per share by fiscal 2030, while recent quarterly results showed $41.46 billion in revenue and $25.11 in EPS, both well ahead of estimates. BofA Sees Micron EPS Topping $230 by FY30 Positive Sentiment: Broader AI enthusiasm: Comments from Elon Musk emphasizing the importance of memory and storage for agentic AI helped lift Micron alongside SanDisk and other memory stocks. Comparisons with AMD and NVIDIA also highlighted Micron’s rapid earnings growth and relatively lower valuation. Elon Musk Just Uttered Massively Bullish Words for Micron Neutral Sentiment: Institutional profit-taking: Appaloosa Management reduced its Micron position by 41%, while Stanley Druckenmiller’s Duquesne Family Office exited the stock. The selling may reflect profit-taking after the enormous rally, although Micron remains a major holding for some investors. Hedge Fund Heavyweights Are Dumping Micron Negative Sentiment: Risks remain elevated: Micron’s sharp advance leaves the stock vulnerable to valuation compression, profit-taking, a broader technology pullback and any eventual increase in memory supply. Intel is also exploring new memory architectures, potentially creating a longer-term competitive threat. Intel Eyes a Memory Comeback Micron Technology Stock Up 4.1% Shares of NASDAQ:MU opened at $1,011.75 on Tuesday. The firm has a market cap of $1.14 trillion, a PE ratio of 22.91 and a beta of 2.19. The company has a fifty day simple moving average of $966.74 and a 200 day simple moving average of $683.34. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00.
Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period last year, the business earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities research analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.
Micron Technology Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is 1.36%.
Micron Technology Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
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Integrated Financial Solutions Inc. ve druhém čtvrtletí navýšila podíl v Micron Technology o 339,2 % na 2 798 akcií. Hodnota pozice činila 3,23 milionu USD.
Integrated Financial Solutions Inc. raised its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 339.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,798 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,161 shares during the quarter. Micron Technology accounts for 1.7% of Integrated Financial Solutions Inc.’s investment portfolio, making the stock its 14th biggest holding. Integrated Financial Solutions Inc.’s holdings in Micron Technology were worth $3,230,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of MU. Ledyard National Bank purchased a new stake in shares of Micron Technology during the second quarter worth approximately $1,723,000. Patriot Financial Group Insurance Agency LLC grew its position in Micron Technology by 91.4% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 10,384 shares of the semiconductor manufacturer’s stock valued at $11,987,000 after buying an additional 4,958 shares during the last quarter. Riversedge Advisors LLC grew its position in Micron Technology by 4.2% in the 2nd quarter. Riversedge Advisors LLC now owns 2,399 shares of the semiconductor manufacturer’s stock valued at $2,769,000 after buying an additional 96 shares during the last quarter. Ramiah Investment Group acquired a new position in Micron Technology in the 2nd quarter valued at $420,000. Finally, Penobscot Wealth Management purchased a new stake in shares of Micron Technology in the second quarter valued at about $522,000. Institutional investors and hedge funds own 80.84% of the company’s stock.
Micron Technology Stock Performance Shares of MU opened at $1,011.75 on Tuesday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.14 trillion, a P/E ratio of 22.91 and a beta of 2.19. The company has a 50-day moving average of $966.74 and a two-hundred day moving average of $683.34. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00.
Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company’s quarterly revenue was up 345.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year. Micron Technology Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 1.36%.
Wall Street Analysts Forecast Growth MU has been the topic of a number of analyst reports. Raymond James Financial lifted their price objective on Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. The Goldman Sachs Group raised their price target on Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Mizuho upped their price objective on Micron Technology from $1,150.00 to $1,375.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. UBS Group reiterated a “buy” rating on shares of Micron Technology in a research report on Monday, August 10th. Finally, Barclays raised their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $1,259.97.
Check Out Our Latest Research Report on Micron Technology
Insider Activity In other news, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mehrotra sold 37,439 shares of Micron Technology stock in a transaction on Friday, May 29th. The shares were sold at an average price of $960.38, for a total value of $35,955,666.82. Following the completion of the sale, the chief executive officer directly owned 387,064 shares of the company’s stock, valued at approximately $371,728,524.32. This represents a 8.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 162,179 shares of company stock valued at $167,811,861 in the last 90 days. Company insiders own 0.24% of the company’s stock.
Key Micron Technology News Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: AI-driven memory shortage: Demand for high-bandwidth memory (HBM) used in AI data centers continues to absorb manufacturing capacity. HBM requires substantially more wafer capacity than conventional DRAM, supporting tight supply, higher pricing and stronger margins for Micron. Industry growth targets and fully allocated HBM production suggest the shortage could persist. Why This Memory Chip Boom May Have More Staying Power Than History Suggests Positive Sentiment: U.S. policy reduces Chinese competition: Reports that the White House is discouraging U.S. technology companies from sourcing conventional memory chips from Chinese suppliers, including Apple’s potential suppliers, improved sentiment toward Micron and other Western memory producers. The policy could strengthen Micron’s negotiating position and support longer-term domestic demand. Micron Shares Rise as White House Pushes Apple Away From Chinese Memory Chips Positive Sentiment: Upbeat analyst outlook: Bank of America maintained a Buy rating and a $1,550 price target, arguing that concerns about a cyclical peak are overstated. The firm projects Micron’s earnings could exceed $230 per share by fiscal 2030, while recent quarterly results showed $41.46 billion in revenue and $25.11 in EPS, both well ahead of estimates. BofA Sees Micron EPS Topping $230 by FY30 Positive Sentiment: Broader AI enthusiasm: Comments from Elon Musk emphasizing the importance of memory and storage for agentic AI helped lift Micron alongside SanDisk and other memory stocks. Comparisons with AMD and NVIDIA also highlighted Micron’s rapid earnings growth and relatively lower valuation. Elon Musk Just Uttered Massively Bullish Words for Micron Neutral Sentiment: Institutional profit-taking: Appaloosa Management reduced its Micron position by 41%, while Stanley Druckenmiller’s Duquesne Family Office exited the stock. The selling may reflect profit-taking after the enormous rally, although Micron remains a major holding for some investors. Hedge Fund Heavyweights Are Dumping Micron Negative Sentiment: Risks remain elevated: Micron’s sharp advance leaves the stock vulnerable to valuation compression, profit-taking, a broader technology pullback and any eventual increase in memory supply. Intel is also exploring new memory architectures, potentially creating a longer-term competitive threat. Intel Eyes a Memory Comeback Micron Technology Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
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Micron oznámil ve fiskálním 3. čtvrtletí tržby ve výši 41.456 miliardy USD, meziročně o 345,7 % vyšší, a hrubou marži podle GAAP 84,6 %. Firma také uvedla, že z HBM4 už dodala přes 1 miliardu USD tržeb.
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Micron Technology (NASDAQ: MU | MU Price Prediction) just delivered a fiscal Q3 that redefined what an AI memory cycle looks like, while SK Hynix (NASDAQ:SKHY) posted its own record quarter in Korean won and made its NASDAQ debut in July 2026 through a $26.5 billion foreign offering. With both HBM leaders now trading on the same exchange, US investors can finally weigh them side by side.
HBM4 Ramps Meet a Korean Giant Reintroducing Itself Micron’s June quarter was a step-change. Revenue hit $41.456 billion, up 345.7% year over year, with GAAP gross margin expanding to 84.6%. Cloud Memory alone contributed $13.769 billion, and Sanjay Mehrotra told analysts that “HBM4 12 high volume ramp is tracking twice as fast as HBM3E 12 high and we have already shipped over $1 billion in HBM4 revenue.” That is Micron chipping directly at SK Hynix’s flagship business.
SK Hynix answered with its own record: Q2 2026 revenue of 79.3 trillion won and operating profit of 60.5 trillion won, driven by HBM sales. A modest earnings miss triggered an initial 10% selloff in the ADR, yet analysts kept unanimous Buy ratings with 12-month targets averaging $245. Micron carries a heftier crowd: 40 Buys, 5 Holds, and a $1,501.98 average target.
One Locks In Customers. The Other Locks In Capacity. Lens Micron SK Hynix HBM Positioning HBM4 12-high shipping to lead AI accelerator customer Incumbent HBM3E supplier, HBM4 in qualification Capacity Bet Idaho, New York, Taiwan greenfield fabs $720 billion capacity-expansion plan Revenue Lock-in 16 SCAs, ~$100 billion cumulative floor-price revenue Traditional purchase orders, buyback catalyst pending Mehrotra’s take-or-pay agreements are the real weapon here. He said “even at the floor price… we expect the margins to be significantly above prior peak margins”, and those contracts will eventually cover roughly half of company revenue. SK Hynix leans on scale and its Nvidia relationship, which is a formidable moat but a less contractually rigid one.
The Next Test Is HBM4E and Supply Discipline Micron expects fiscal Q4 revenue of $50.0 billion with ~86% gross margin, and Mehrotra flagged that tight conditions should persist beyond calendar 2027. The variables to watch are whether SK Hynix keeps HBM4 qualification on pace at Nvidia and whether Micron’s HBM4E on 1-gamma DRAM stays on track for volume production in calendar 2027. Any slippage swaps the leader.
Why Micron Leads, but the Newcomer Warrants Respect Micron’s SCAs make the earnings stream harder to break than the market appreciates. A forward P/E of 6 against that contract book is a rare combination. That said, SK Hynix is now accessible, cheaper on some measures, and still the HBM incumbent. For Micron holders, the NASDAQ listing offers exposure to the same thesis through a second name. The single variable holding this cycle together is AI capex guidance from hyperscalers; a rollover there would reset the setup for both stocks.
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Investors analyzing what's driving semiconductor stocks should look at how two forces—trade policy and the demands of artificial intelligence—are reshaping institutional portfolios. Traditional cyclicality in the memory segment is giving way to something steadier and more structural.
This shift is propelled by federal protectionist policy and a tightening supply ceiling as high-performance compute (HPC) clusters consume global foundry capacity, fundamentally resetting the industry's long-term margin profile.
Washington is working to insulate critical technology supply chains, effectively establishing a federally guarded protectionist moat. At the same time, hyper-scaler data center demand is consuming global silicon wafer capacity, creating a structural shortage in advanced memory.
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This combination grants domestic producers unprecedented pricing power over hardware developers. Instead of competing on thin margins against subsidized foreign producers, domestic makers are securing multi-year, high-margin supply agreements. Investors who grasp how this geopolitical shield feeds directly into wider margins can spot these structural shifts before the market fully prices them in.
Washington Cuts off Cheap Foreign ChipsThis policy shift shows up most clearly in consumer hardware, where major technology companies face shrinking flexibility in component sourcing. A prime example occurred when federal trade officials cautioned consumer electronics leader Apple Inc. NASDAQ: AAPL against buying lower-cost memory components from foreign state-subsidized suppliers, including Yangtze Memory Technologies Corp and ChangXin Memory Technologies.
With hardware gross margins facing pressure from rising component costs, mega-cap buyers naturally sought cheaper alternatives overseas. However, the U.S. Department of Commerce made its position explicit: sourcing core memory components from blacklisted or foreign military-linked enterprises poses unacceptable national security risks. This regulatory stance removes low-cost foreign producers from the domestic supply chain, stripping buyers of their traditional negotiating leverage.
Micron Technology Today
MU
Micron Technology
$962.43 -49.32 (-4.87%)
As of 10:04 AM Eastern
This is a fair market value price provided by Massive. Learn more.
$113.46▼
$1,255.000.06%
21.73
$1,259.97
Consequently, technology enterprises must commit to domestic and allied suppliers for their needs. Domestic manufacturers are capturing these guaranteed order volumes by investing heavily in reshoring production.
Micron Technology NASDAQ: MU committed approximately $250 billion to construct mega-fab facilities across Idaho and New York. These capital commitments align directly with federal industrial policy, creating a captive-customer dynamic in which domestic equipment manufacturers must secure long-term, non-cancelable supply agreements at prices that favor suppliers.
How AI Accelerators Gobble Global Silicon CapacityWhile trade restrictions establish a regulatory barrier, the physical supply of silicon memory is undergoing an equally dramatic contraction. The primary driver is the surge in demand for high-performance computing platforms built by chipmakers such as NVIDIA Corporation NASDAQ: NVDA and Advanced Micro Devices, Inc. NASDAQ: AMD.
To power modern intelligence models, advanced graphics processors require large stacks of high-bandwidth memory (HBM). Examining the physics of semiconductor manufacturing reveals the broader economic impact. Producing one bit of HBM requires roughly three times the silicon wafer capacity of standard DRAM. As foundries convert conventional manufacturing lines over to specialized packaging, global wafer capacity for standard consumer memory dries up.
This wafer conversion ratio creates a rising tide that expands pricing power across all memory categories. Manufacturers report that 100% of their 2026 HBM production capacity is fully allocated under non-cancelable long-term agreements. Because chipmakers like NVIDIA Corporation consume vast amounts of available foundry capacity, traditional hardware makers must compete for a shrinking pool of conventional memory, cementing high contract pricing across the hardware ecosystem.
Financial Data Proves Memory Pricing PowerRecent financial data from Micron provides concrete numerical proof of how this protectionist moat and supply deficit have converted into fundamental outperformance. In its Q3 fiscal year 2026 earnings report, Micron reported revenue of nearly $41.5 billion, representing a year-over-year increase of nearly 346%, and topped consensus earnings expectations at $25.11 per share. Management subsequently issued Q4 earnings guidance of $30 to $32 per share, outpacing Wall Street estimates.
Beyond top-line momentum, the true story lies in profitability and cash generation. Net profit margins expanded to nearly 56%, demonstrating that memory producers are no longer price takers. Analysts at Bank of America recently revised their long-term structural models, projecting that Micron's earnings could surpass $230 per share by fiscal year 2030 as high-margin contracts replace low-margin commodity DRAM.
Even with MU trading around $1,015 per share and carrying a market capitalization closing in on $1.15 trillion, its forward price-to-earnings ratio sits at a modest 13x to 14x. Institutional investors have taken notice, driving roughly $119 billion in gross institutional inflows into the stock over the trailing 12 months. This institutional accumulation reflects growing recognition that domestic protectionism is fundamentally altering the long-term earnings baseline.
Semiconductor Exposure: Positioned for the Protectionist ShiftThe convergence of federal trade mandates and supply deficits has altered semiconductor economics. By restricting foreign state-subsidized supply, Washington has underwritten a domestic protectionist moat that nearly guarantees captive demand for Western manufacturers.
While fundamental tailwinds remain powerful, investors should account for potential risks, including broader pullbacks in the technology sector, executive profit-taking following steep stock rallies, and construction timelines for new domestic fabs.
Those evaluating exposure to the sector might consider monitoring domestic memory manufacturers during short-term market consolidation, focusing on enterprises with high exposure to HBM production, or tracking changes in federal trade policy as key indicators for long-term position management.
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BlackBerry v 1. čtvrtletí zvýšila tržby o 26 % na 153 mil. USD a upravený EBITDA více než zdvojnásobila na 36 mil. USD. Firma zároveň zvedla výhled tržeb pro fiskální rok 2027 na 594–621 mil. USD a výhled upraveného EBITDA na 119–139 mil. USD.
Key Takeaways BlackBerry's first-quarter revenue rose 26% to $153M as adjusted EBITDA more than doubled to $36M.QNX revenue climbed 26% to $72M, with higher-margin royalties helping lift adjusted gross margin to 86%.BlackBerry raised fiscal 2027 revenue guidance to $594M-$621M and adjusted EBITDA to $119M-$139M. BlackBerry Limited (BB - Free Report) reported a strong start to fiscal 2027, with higher revenue and profitability across QNX and Secure Communications supporting improved earnings. First-quarter revenue reached approximately $153 million, up 26% year over year and above the high end of guidance. Adjusted gross margin expanded 4 percentage points year over year to 79%, while adjusted EBITDA more than doubled to approximately $36 million, representing 24% of revenue. Adjusted net income was roughly $25 million, and adjusted EPS reached 4 cents, at the high end of the company’s guidance. BlackBerry also reported positive GAAP net income for the fifth consecutive quarter.
QNX contributed significantly to the margin improvement. Revenue increased 26% year over year to approximately $72 million, while adjusted gross margin expanded about 5 percentage points to 86%. Adjusted EBITDA grew 52% to around $19 million, or 27% of revenue. Management noted that higher-margin QNX royalties are becoming a larger part of the revenue mix, allowing more revenue to translate into margin expansion, profitability and cash generation. As the business shifts further toward royalties, which carry close to 100% margin, management expects potential for additional margin expansion.
Secure Communications also recorded a 2-percentage-point year-over-year increase in adjusted gross margin, supported partly by a favorable mix of higher-margin software revenue. Revenue rose 24% to approximately $74 million, while adjusted EBITDA reached around $20 million, representing a 27% margin. Management expects greater margin variability in Secure Communications because large government deals can drive significant quarterly revenue and profitability.
Following the strong quarter, BlackBerry raised its fiscal 2027 outlook. QNX revenue guidance increased to $295 million-$312 million, with adjusted EBITDA projected at $74 million-$86 million. Licensing revenue guidance was raised to approximately $29 million, with adjusted EBITDA of $25 million. Revenue guidance increased to $594 million-$621 million, while adjusted EBITDA guidance rose to $119 million-$139 million. On the last earnings call, management highlighted 90% flow-through of incremental revenue into adjusted EBITDA as evidence of strong operating leverage. For the second quarter, revenue is expected at $137 million-$148 million, adjusted EBITDA at $20 million-$30 million and adjusted EPS at 3-4 cents.
Taking a Look at BB’s CompetitorsCrowdStrike (CRWD - Free Report) benefits from a high-margin subscription-driven business model, with subscription revenues accounting for 95% of fiscal 2026 revenues. The recurring nature of these revenues supports margin stability and provides greater visibility as customers renew and adopt additional Falcon modules. Strong operating cash flow and free cash flow generation also underscore improving financial efficiency. However, margins remain exposed to elevated operating expenses, particularly investments in sales and marketing and R&D. These expenses increased 20% and 29%, respectively, in fiscal 2026. Continued investment and competitive pricing pressure could constrain margin expansion despite the favorable subscription mix and growing scale.
Aptiv PLC (APTV - Free Report) continues to face near-term margin pressure despite solid profitability in Engineered Components. Second-quarter 2026 adjusted EBITDA margin expanded 160 basis points to 18.7%, supported by operating execution, volumes and favorable currency effects. However, Intelligent Systems margin contracted to 14% from 15.2% as higher engineering investments, customer mix and stranded EDS costs weighed on profitability. Ongoing restructuring, separation expenses, commodity inflation and OEM price reductions of 1-3% annually could further limit margin expansion. Although productivity initiatives and non-automotive growth provide support, launch delays, weaker European demand and elevated R&D spending suggest that sustaining recent margin gains may remain challenging.
BB Price Performance, Valuation & EstimatesShares of BlackBerry have soared 40.6% in the past three months compared with the Internet-Software industry’s 14.6% growth.
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Regarding the price/book ratio, BB is trading at 6.82, higher than the industry’s multiple of 4.56.
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The Zacks Consensus Estimate for BB earnings for fiscal 2027 has been revised downward over the past 60 days.
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BlackBerry currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here..
Cane Capital Partners zvýšila ve 2. čtvrtletí podíl v Amgen o 73,2 % na 3 259 akcií. Amgen zároveň oznámila tržby ve výši 10,05 miliardy USD a EPS 6,29 USD, nad odhady.
Cane Capital Partners LLC raised its position in Amgen Inc. (NASDAQ:AMGN – Free Report) by 73.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,259 shares of the medical research company’s stock after purchasing an additional 1,377 shares during the quarter. Cane Capital Partners LLC’s holdings in Amgen were worth $1,180,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Anfield Capital Management LLC raised its holdings in shares of Amgen by 1,000.0% in the 4th quarter. Anfield Capital Management LLC now owns 77 shares of the medical research company’s stock valued at $25,000 after buying an additional 70 shares during the period. Dogwood Wealth Management LLC lifted its stake in Amgen by 275.0% during the 4th quarter. Dogwood Wealth Management LLC now owns 75 shares of the medical research company’s stock worth $25,000 after acquiring an additional 55 shares in the last quarter. Tower View Wealth Management LLC boosted its holdings in Amgen by 331.6% during the 1st quarter. Tower View Wealth Management LLC now owns 82 shares of the medical research company’s stock valued at $29,000 after acquiring an additional 63 shares during the period. Manning & Napier Advisors LLC boosted its holdings in Amgen by 49.2% during the 4th quarter. Manning & Napier Advisors LLC now owns 97 shares of the medical research company’s stock valued at $32,000 after acquiring an additional 32 shares during the period. Finally, Ares Financial Consulting LLC acquired a new position in Amgen in the 4th quarter valued at about $34,000. 76.50% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of analysts have issued reports on AMGN shares. Scotiabank boosted their price target on shares of Amgen from $385.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Truist Financial raised their price objective on shares of Amgen from $340.00 to $362.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Cantor Fitzgerald restated a “neutral” rating and issued a $350.00 price objective on shares of Amgen in a report on Monday, July 6th. Robert W. Baird upped their target price on shares of Amgen from $215.00 to $230.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 5th. Finally, Erste Group Bank reiterated a “hold” rating on shares of Amgen in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, fifteen have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $372.39.
View Our Latest Stock Analysis on Amgen Amgen Price Performance AMGN stock opened at $419.38 on Tuesday. The business’s 50-day moving average is $372.05 and its two-hundred day moving average is $359.47. The company has a debt-to-equity ratio of 4.44, a current ratio of 1.37 and a quick ratio of 1.13. The firm has a market capitalization of $226.73 billion, a P/E ratio of 26.06, a P/E/G ratio of 3.86 and a beta of 0.41. Amgen Inc. has a 1 year low of $269.77 and a 1 year high of $421.79.
Amgen (NASDAQ:AMGN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The medical research company reported $6.29 EPS for the quarter, topping analysts’ consensus estimates of $5.62 by $0.67. Amgen had a return on equity of 124.14% and a net margin of 22.95%.The business had revenue of $10.05 billion during the quarter, compared to the consensus estimate of $9.43 billion. During the same period in the previous year, the company posted $6.02 earnings per share. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. Amgen has set its FY 2026 guidance at 22.300-23.500 EPS. Analysts anticipate that Amgen Inc. will post 22.78 earnings per share for the current fiscal year.
Amgen Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be paid a $2.52 dividend. The ex-dividend date is Friday, August 21st. This represents a $10.08 dividend on an annualized basis and a yield of 2.4%. Amgen’s payout ratio is currently 62.65%.
Insider Activity at Amgen In other news, SVP Nancy A. Grygiel sold 2,970 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $402.16, for a total value of $1,194,415.20. Following the sale, the senior vice president directly owned 7,340 shares in the company, valued at approximately $2,951,854.40. This trade represents a 28.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Rachna Khosla sold 2,000 shares of Amgen stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $412.57, for a total transaction of $825,140.00. Following the sale, the senior vice president directly owned 6,404 shares of the company’s stock, valued at approximately $2,642,098.28. This trade represents a 23.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,222 shares of company stock valued at $2,540,926 in the last quarter. 0.85% of the stock is currently owned by company insiders.
Amgen Profile (Free Report)
Amgen Inc (NASDAQ: AMGN) is a global biotechnology company founded in 1980 and headquartered in Thousand Oaks, California. The company focuses on discovering, developing, manufacturing and delivering human therapeutics that address serious illnesses. Amgen’s work centers on biologic medicines derived from cellular and molecular biology, with an emphasis on translating advances in human genetics and protein science into therapies for patients.
Amgen’s commercial portfolio has historically included biologics used in oncology, supportive care, nephrology, bone health and cardiovascular disease.
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Banco BTG Pactual S.A. ve 2. čtvrtletí nakoupila novou pozici v ServiceNow v rozsahu 4 405 akcií za zhruba 437 000 USD. Akcie NOW zároveň klesly o 5,1 %.
Banco BTG Pactual S.A. purchased a new position in ServiceNow, Inc. (NYSE:NOW – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,405 shares of the information technology services provider’s stock, valued at approximately $437,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wealth Watch Advisors INC purchased a new position in shares of ServiceNow during the 3rd quarter valued at about $29,000. Kelleher Financial Advisors bought a new position in ServiceNow during the third quarter valued at approximately $50,000. Pin Oak Investment Advisors Inc. raised its stake in shares of ServiceNow by 20.7% during the third quarter. Pin Oak Investment Advisors Inc. now owns 134 shares of the information technology services provider’s stock worth $123,000 after acquiring an additional 23 shares in the last quarter. Jupiter Wealth Management LLC purchased a new position in shares of ServiceNow during the second quarter worth approximately $154,000. Finally, CBIZ Investment Advisory Services LLC lifted its holdings in shares of ServiceNow by 540.0% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 160 shares of the information technology services provider’s stock worth $25,000 after acquiring an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 87.18% of the company’s stock.
ServiceNow Trading Down 5.1% Shares of NOW opened at $117.70 on Tuesday. The stock has a market capitalization of $121.70 billion, a P/E ratio of 73.56, a PEG ratio of 2.18 and a beta of 0.94. ServiceNow, Inc. has a twelve month low of $81.24 and a twelve month high of $194.73. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.43. The firm has a fifty day simple moving average of $107.15 and a two-hundred day simple moving average of $105.49.
ServiceNow (NYSE:NOW – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The information technology services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.04. ServiceNow had a return on equity of 16.45% and a net margin of 11.34%.The company had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $3.93 billion. During the same quarter in the previous year, the business earned $0.81 EPS. ServiceNow’s revenue was up 24.0% compared to the same quarter last year. On average, research analysts anticipate that ServiceNow, Inc. will post 2.24 EPS for the current year. Key Headlines Impacting ServiceNow Here are the key news stories impacting ServiceNow this week:
Positive Sentiment: Cybersecurity expansion supports long-term growth. ServiceNow’s planned $7.75 billion acquisition of Armis would broaden its AI-powered security platform and strengthen its preventive cyber-defense offerings. The appointment of former Armis executive Simon Mouyal as chief marketing officer also signals an increased focus on security and go-to-market execution. ServiceNow Is Spending $7.75 Billion On AI Security Positive Sentiment: Analyst support remains firm. TD Cowen reaffirmed its Buy rating and assigned a $140 price target, implying meaningful upside from the referenced market level. Analysts cited ServiceNow’s expanding security platform, AI workflow opportunities and recurring-revenue model. ServiceNow Earns Buy Rating Positive Sentiment: Fundamentals and AI momentum continue to attract dip buyers. Recent commentary points to roughly 24% year-over-year revenue growth and a substantial rebound from the stock’s lows. Some investors view support near the 200-day moving average as an opportunity if the company’s growth remains intact. NOW Stock Has Rebounded Over 54% Neutral Sentiment: Institutional positioning is mixed. JPMorgan added a large position, while T. Rowe Price, Wellington Management and several other firms reduced holdings. The split suggests continued disagreement about valuation and the pace of the recovery. Neutral Sentiment: A director sold shares under a pre-arranged Rule 10b5-1 plan. Paul Edward Chamberlain sold 1,500 shares worth approximately $188,400, reducing his holdings by 3.11%. Because the transaction was scheduled in advance, it provides limited evidence of a change in the company’s outlook. SEC Insider Filing Negative Sentiment: Valuation remains a major concern. Even after a reported 30.5% decline over the past year, commentary argues that ServiceNow still does not look inexpensive, leaving the stock vulnerable to further pressure if growth expectations soften. ServiceNow Stock Still Looks Expensive Negative Sentiment: Broad software-sector weakness is weighing on the shares. Investors have been rotating toward semiconductor and AI-hardware stocks, pressuring software names including ServiceNow, Adobe and Intuit. The sizable Armis acquisition also introduces execution, integration and spending risks. Analyst Upgrades and Downgrades NOW has been the subject of a number of research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ServiceNow in a research note on Monday, August 3rd. Wells Fargo & Company reiterated an “overweight” rating and issued a $175.00 target price (up from $160.00) on shares of ServiceNow in a research report on Wednesday, August 12th. Citic Securities lowered their price target on shares of ServiceNow from $168.00 to $140.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Evercore reaffirmed an “outperform” rating and set a $160.00 price objective on shares of ServiceNow in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 price objective on shares of ServiceNow in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, ServiceNow presently has a consensus rating of “Moderate Buy” and an average target price of $143.76.
View Our Latest Stock Report on ServiceNow
Insider Activity In related news, Director Paul Edward Chamberlain sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $125.60, for a total transaction of $188,400.00. Following the completion of the transaction, the director owned 46,690 shares in the company, valued at $5,864,264. This represents a 3.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.34% of the company’s stock.
ServiceNow Profile (Free Report)
ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.
The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.
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Argyle Capital Partners ve 2. čtvrtletí koupila novou pozici v Lockheed Martin: 1 272 akcií za zhruba 648 000 USD. Firma zároveň oznámila čtvrtletní zisk na akcii 7,94 USD a tržby 20,06 miliardy USD, obojí nad odhady.
Argyle Capital Partners LLC bought a new position in Lockheed Martin Corporation (NYSE:LMT – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,272 shares of the aerospace company’s stock, valued at approximately $648,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in LMT. IAG Wealth Partners LLC lifted its holdings in shares of Lockheed Martin by 4,800.0% during the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 48 shares during the last quarter. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin in the third quarter worth about $25,000. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin in the 4th quarter worth approximately $25,000. Clarity Asset Management Inc. purchased a new position in Lockheed Martin during the 4th quarter valued at $26,000. Finally, TD Capital Management LLC increased its position in shares of Lockheed Martin by 450.0% during the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock valued at $27,000 after buying an additional 45 shares during the period. 74.19% of the stock is currently owned by institutional investors.
Lockheed Martin Price Performance Shares of Lockheed Martin stock opened at $594.26 on Tuesday. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00. The firm has a market cap of $137.15 billion, a PE ratio of 21.90, a PEG ratio of 1.04 and a beta of 0.10. The stock has a 50 day moving average of $544.00 and a 200 day moving average of $576.42. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34.
Lockheed Martin (NYSE:LMT – Get Free Report) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, research analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year. Lockheed Martin Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a $3.45 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.
Analyst Ratings Changes A number of brokerages have recently commented on LMT. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. TD Cowen cut their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a report on Monday, July 13th. Citigroup boosted their target price on Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday, July 27th. Finally, Bank of America decreased their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $632.39.
Check Out Our Latest Research Report on Lockheed Martin
Lockheed Martin Company Profile (Free Report)
Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.
Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.
Featured Articles Five stocks we like better than Lockheed Martin Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMT – Free Report).
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Broadcom (NASDAQ: AVGO) is set to pay its next quarterly dividend on September 30, 2026, maintaining its regular payout of $0.65 per share.
The expected distribution continues Broadcom’s long-standing shareholder return program and comes as the semiconductor giant benefits from strong demand for artificial intelligence infrastructure and networking solutions.
Based on the quarterly dividend of $0.65 per share, an investor holding 100 Broadcom shares will receive $65 from the September payment.
AVGO dividend schedule. Source: Dividend.com The upcoming dividend matches the company’s previous payout, keeping Broadcom’s annualized dividend at $2.60 per share.
At press time, Broadcom stock was trading at $392, up nearly 13% year-to-date.
AVGO stock price chart. Source: Finbold At the current share price, the annualized dividend translates to a yield of about 0.66%. While relatively low compared to traditional income-focused stocks, the yield reflects Broadcom’s position as a growth-oriented technology company.
The company maintains a forward payout ratio of 13.28%, leaving ample room to support future dividend payments while continuing to invest in growth.
Notably, Broadcom has increased its dividend for 16 consecutive years and continues to make quarterly distributions. The stock also has an average dividend recovery period of 8.1 days following payouts.
At the same time, Broadcom’s dividend remains supported by strong business momentum. In its latest quarter, the technology company reported record revenue of $22.2 billion, up 48% year-over-year, while AI semiconductor revenue surged 143% to $10.8 billion.
Management expects AI semiconductor revenue to reach $16 billion in the current quarter as demand for AI infrastructure continues to accelerate.
The company also generated more than $10 billion in free cash flow during the quarter and ended the period with nearly $20 billion in cash and equivalents. Combined with its low payout ratio, these figures suggest the dividend remains well covered.
Investors will receive another key update before the September payout when Broadcom reports fiscal third-quarter earnings on September 3.
Wall Street expects revenue of about $29.4 billion and earnings per share of roughly $3.21, providing a fresh test of the company’s AI-driven growth trajectory.
Alongside dividends, Broadcom continues to return capital through its $10 billion share repurchase program and has recently expanded its AI footprint through new processor initiatives and infrastructure partnerships.
Featured image via Shutterstock
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Capital Financial Group Inc. ve 2. čtvrtletí nově nakoupila 8 661 akcií Republic Services za zhruba 1,845 milionu USD. Firma zároveň oznámila čtvrtletní dividendu 0,67 USD na akcii, dříve 0,62 USD.
Capital Financial Group Inc. Co. ADV acquired a new position in Republic Services, Inc. (NYSE:RSG – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,661 shares of the business services provider’s stock, valued at approximately $1,845,000. Republic Services makes up 1.0% of Capital Financial Group Inc. Co. ADV’s investment portfolio, making the stock its 23rd biggest holding.
A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Republic Services in the 4th quarter valued at $617,165,000. Capital World Investors raised its position in Republic Services by 27.7% in the 4th quarter. Capital World Investors now owns 8,765,623 shares of the business services provider’s stock worth $1,857,698,000 after purchasing an additional 1,899,183 shares during the period. Morgan Stanley lifted its stake in Republic Services by 38.6% in the fourth quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock worth $1,133,509,000 after purchasing an additional 1,490,719 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Republic Services during the second quarter valued at about $220,527,000. Finally, Allspring Global Investments Holdings LLC boosted its position in Republic Services by 68.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,256,190 shares of the business services provider’s stock valued at $497,828,000 after buying an additional 913,249 shares during the period. 57.73% of the stock is owned by hedge funds and other institutional investors.
Republic Services Stock Performance Republic Services stock opened at $215.28 on Tuesday. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The firm has a market cap of $65.92 billion, a P/E ratio of 30.49, a P/E/G ratio of 3.51 and a beta of 0.40. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $238.62. The firm has a 50-day moving average of $214.22 and a 200-day moving average of $214.94.
Republic Services (NYSE:RSG – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. During the same quarter in the prior year, the company posted $1.77 EPS. Republic Services’s quarterly revenue was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Sell-side analysts expect that Republic Services, Inc. will post 7.27 EPS for the current year. Republic Services Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a dividend of $0.67 per share. This is a boost from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, October 2nd. Republic Services’s dividend payout ratio is currently 35.41%.
Insiders Place Their Bets In other Republic Services news, Director Sandra M. Volpe sold 1,800 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $211.28, for a total value of $380,304.00. Following the completion of the transaction, the director directly owned 58 shares in the company, valued at approximately $12,254.24. This represents a 96.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Cascade Investment, L.L.C. bought 188,460 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was bought at an average cost of $215.81 per share, with a total value of $40,671,552.60. Following the completion of the transaction, the insider owned 111,668,606 shares in the company, valued at approximately $24,099,201,860.86. This trade represents a 0.17% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 864,624 shares of company stock valued at $186,474,430 in the last ninety days. 0.12% of the stock is currently owned by insiders.
Analysts Set New Price Targets Several research firms have recently commented on RSG. Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a report on Monday, May 11th. UBS Group increased their target price on Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Republic Services in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $249.00 price objective on shares of Republic Services in a research report on Friday, May 8th. Finally, Citigroup increased their price objective on Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.26.
Read Our Latest Stock Report on RSG
(Free Report)
Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.
Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.
See Also Five stocks we like better than Republic Services Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding RSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Republic Services, Inc. (NYSE:RSG – Free Report).
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Klarna po zveřejnění výsledků odepisuje 19,6 %, protože snížila celoroční výhled objemu transakcí i tržeb. Trhy zároveň v úvodu obchodování klesají, Nasdaq Composite ztrácí 1,24 %.
Index Dow Jones -0,09 % na 53411,87 b. S&P 500 -0,53 % na 7704,15 b. Nasdaq Composite -1,24 % na 26315,63 b.
Nejsledovanější americké indexy v úvodu úterního obchodování ztrácejí. V popředí poklesu jsou akcie spojené s výrobou čipů pro AI.
Společnost Meta Platforms (-3,7 %) dnes míří k soudu do ostře sledovanému střetu s koalicí státních generálních prokurátorů kvůli tvrzením, že firma záměrně navrhla Facebook a Instagram tak, aby u mladých uživatelů podporovaly kompulzivní chování a vznik závislosti.
Společnost Targa Resources (+6,2 %) oznámila, že uzavřela nové dvacetileté infrastrukturní smlouvy na bázi poplatků, které podpoří rozvoj těžebních lokalit společnosti ExxonMobil (+1,6 %) v Permské pánvi. V návaznosti na tyto dohody Targa zvýšila svůj odhad růstových kapitálových výdajů pro rok 2026 na přibližně 5,0 mld. USD.
Největší americký obchodník s domácím vybavením Home Depot (+0,1 %) zveřejnil hospodářské výsledky za druhý kvartál. Celkové tržby meziročně vzrostly o 5,7 % na 47,86 mld. USD a porovnatelné tržby se zvýšily o 1,7 %, čímž překonaly očekávání trhu.
Švédská finančně-technologická společnost Klarna (-19,6 %) zveřejnila výsledky hospodaření za 2Q 2026. Výnosy i zisk na akcii překonaly odhady trhu. Firma nicméně snížila celoroční výhled objemu transakcí i výnosů, a to kvůli kurzovým vlivům a obezřetnějšímu pohledu na německý trh, který je pro Klarnu objemově největší. Společnost zároveň oznámila odchod finančního ředitele.
Čínská technologická společnost Baidu (-8,9 %), která provozuje mimo jiné největší čínský vyhledávač či autonomní vozidla Apollo, dnes oznámila výsledky za 2Q. Výnosy klesly již pátý kvartál v řadě, přičemž byly taženy dolů online marketingovými výnosy, které meziročně poklesly o 19 %. Byznys poháněný umělou inteligencí naopak rostl meziročně o 25 % a na výnosech hlavního byznysu se podílel polovinou.
Index S&P 500 -0,53 % na 7704,15 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zdravotní péče +1,8 % Informační technologie -1,9 % Energie +1,1 % Průmysl -0,9 % Nezbytná spotřeba +1,1 % Komunikační služby -0,7 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Targa Resources Corp (TRGP) +6,2 % Coherent Corp (COHR) -9,8 % Ulta Beauty (ULTA) +5,1 % Teradyne (TER) -8,0 % GoDaddy (GDDY) +5,0 % Marvell Technology (MRVL) -6,8 % Intuit (INTU) +4,8 % Flex (FLEX) -6,4 % Tapestry (TPR) +4,4 % Ciena Corp (CIEN) -6,3 % Zdroj: Bloomberg
Pentair čelí hromadné žalobě kvůli údajnému zamlčení výrazného odprodávání zásob v Pool channel, které snížilo tržby o zhruba 170 milionů USD a provozní zisk o asi 105 milionů USD. Akcie po oznámení klesly o 15 %.
Philadelphia, Pennsylvania--(Newsfile Corp. - August 18, 2026) - Berger Montague, a leading national plaintiffs' law firm, announces a class action lawsuit against Pentair plc (NYSE: PNR) ("Pentair" or the "Company") on behalf of investors who purchased or acquired Pentair securities during the period from March 11, 2025 through July 14, 2026 (the "Class Period").
Q&A
What is this lawsuit about?
According to the complaint, between March 11, 2025 and July 14, 2026, Pentair and certain executives failed to disclose that: (1) there was significant destocking of inventory in the Pool channel; and (2) as a result, the Company's sales and operating income were adversely affected. The truth allegedly began to emerge on July 14, 2026, after the market closed, when Pentair announced preliminary second quarter 2026 financial results, disclosing that Pool channel destocking had reduced Pool segment sales by approximately $170 million and Pool segment income by approximately $105 million. As a result, second quarter 2026 sales were expected to be down 17 percent versus the prior guide of approximately 1 percent growth, and full year 2026 sales were expected to be down approximately 4 percent to 7 percent versus the prior guide of up 2 percent to 4 percent. Pentair also announced the immediate departure of its Chief Financial Officer. On this news, Pentair's stock price fell $11.35, or 15%, to close at $64.33 per share on July 15, 2026, on unusually heavy trading volume.
Who is Pentair?
Pentair plc, headquartered in London, describes itself as a leader in helping the world sustainably move, improve, and enjoy water. The Company operates through three segments: Flow, Water Solutions, and Pool. The Pool segment designing and selling residential and commercial pool equipment, including pumps, filters, heaters, and automatic controls.
What do I need to do?
Investor Deadline: Investors who purchased or acquired Pentair securities during the Class Period may, no later than October 2, 2026, seek to be appointed as a lead plaintiff representative of the class.
To learn more or discuss your rights, contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015 or Caitlin Adorni at [email protected] or (267) 764-4865 or visit our website.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310263
Source: Berger Montague
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B & T Capital Management DBA Alpha Capital Management ve 2. čtvrtletí nově nakoupila 12 166 akcií Ecolab za zhruba 3,39 milionu USD. Ecolab zároveň oznámila za 2. čtvrtletí EPS ve výši 2,09 USD a tržby 4,42 miliardy USD.
B & T Capital Management DBA Alpha Capital Management acquired a new stake in Ecolab Inc. (NYSE:ECL – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 12,166 shares of the basic materials company’s stock, valued at approximately $3,390,000.
Several other hedge funds also recently made changes to their positions in ECL. Turtle Creek Wealth Advisors LLC raised its holdings in Ecolab by 3.6% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 1,028 shares of the basic materials company’s stock worth $270,000 after purchasing an additional 36 shares in the last quarter. HBK Sorce Advisory LLC boosted its holdings in Ecolab by 2.7% in the 4th quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company’s stock valued at $395,000 after purchasing an additional 36 shares in the last quarter. Addison Advisors LLC increased its position in Ecolab by 5.2% during the 4th quarter. Addison Advisors LLC now owns 764 shares of the basic materials company’s stock worth $201,000 after purchasing an additional 38 shares during the period. CYBER HORNET ETFs LLC increased its position in Ecolab by 5.5% during the 4th quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company’s stock worth $192,000 after purchasing an additional 38 shares during the period. Finally, Rothschild Investment LLC raised its stake in shares of Ecolab by 9.0% during the 4th quarter. Rothschild Investment LLC now owns 486 shares of the basic materials company’s stock worth $128,000 after buying an additional 40 shares in the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.
Wall Street Analysts Forecast Growth A number of analysts recently weighed in on the company. BMO Capital Markets lifted their price target on Ecolab from $345.00 to $360.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings downgraded Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 20th. Mizuho boosted their target price on shares of Ecolab from $325.00 to $327.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $305.00 price target on shares of Ecolab in a research note on Wednesday, July 29th. Finally, Citigroup increased their price target on shares of Ecolab from $325.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ecolab presently has a consensus rating of “Moderate Buy” and an average target price of $327.56.
Get Our Latest Stock Analysis on ECL Ecolab Trading Down 0.1% Shares of ECL stock opened at $275.87 on Tuesday. The stock has a market cap of $77.33 billion, a P/E ratio of 37.03, a P/E/G ratio of 2.38 and a beta of 0.88. The company has a quick ratio of 1.57, a current ratio of 1.84 and a debt-to-equity ratio of 1.18. Ecolab Inc. has a fifty-two week low of $243.15 and a fifty-two week high of $309.27. The business has a fifty day simple moving average of $275.00 and a 200-day simple moving average of $273.67.
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.08 by $0.01. The business had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, analysts forecast that Ecolab Inc. will post 8.17 earnings per share for the current fiscal year.
Ecolab Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.92 dividend on an annualized basis and a yield of 1.1%. Ecolab’s dividend payout ratio is presently 39.19%.
Insider Buying and Selling In other news, Director Suzanne M. Vautrinot sold 1,004 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $264.98, for a total value of $266,039.92. Following the sale, the director directly owned 11,651 shares in the company, valued at $3,087,281.98. This represents a 7.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Darrell R. Brown sold 10,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total value of $2,608,900.00. Following the sale, the chief operating officer directly owned 32,733 shares in the company, valued at approximately $8,539,712.37. The trade was a 23.40% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.50% of the stock is owned by insiders.
Ecolab Company Profile (Free Report)
Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.
Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.
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CEO Paul Gu uvedl, že Upstart se zaměřuje na ziskový růst své AI platformy a rozšiřuje úvěry na auta a zajištěné úvěry na bydlení (HELOC). Tyto produkty mají být do konce roku ziskové na úrovni contribution profit.
MarketBeat Week in Review – 03/30 - 04/03Upstart NASDAQ: UPST CEO Paul Gu said the company is entering a “second leg” of its development, focused on converting its artificial-intelligence lending platform into sustained profitable growth while expanding into secured credit products.
Speaking at Bank of America’s SMID Cap Executive Insights event, Gu described Upstart as “AI for consumer lending,” operating a marketplace where consumers can seek personal loans, auto loans and home-equity lines of credit, or HELOCs. He said the company ultimately intends to offer a broader suite of consumer credit products.
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Upstart Surges on Record Revenue but Wall Street Remains DividedGu said Upstart’s strategy is based on using proprietary data and lending models to improve risk assessment and automate the credit process. According to Gu, better risk separation can allow lenders to approve more borrowers at similar loss rates or achieve lower losses at comparable approval rates.
Focus shifts to profitability and capital efficiency Gu, who recently became CEO after co-founding the company 14 years ago, said Upstart spent much of its first decade building its technology, repayment-data set and relationships with capital providers, rating agencies, banks and regulators. He said those efforts were necessary to demonstrate that its lending models could perform over the multiyear life of loans.
Why Upstart’s Bank Charter Bet Could Change EverythingIn 2026, management has narrowed its priorities around contribution profit, which Gu called the company’s best measure of operating progress. He said the second quarter provided evidence of the strategy, with contribution profit reaching a record level that exceeded the company’s fourth-quarter 2021 result despite what he described as less favorable macroeconomic conditions.
Gu said personal-loan originations increased 23% sequentially in the second quarter, representing approximately $760 million in growth. He added that Upstart’s balance-sheet loans declined to nearly a two-year low as a percentage of total loans outstanding, while third-party capital funded most of the growth.
“We did 23% sequential growth,” Gu said. “We did that while predominantly funding that with third-party funding.”
He said the company’s core personal-loan operation remains a key strategic focus because of its margins and competitive differentiation. While Upstart has also invested in broader products and markets, Gu said management’s focus on the core personal-loan business helped drive growth and contribution profit in the second quarter.
Gu reiterated the company’s longer-term expectation for a 35% compounded growth rate over the next several years, while noting that macroeconomic conditions can influence results. He said Upstart’s top priority remains “do credit right,” meaning growth must be balanced against credit performance.
Home and auto products target contribution profitability Upstart’s newer home and auto lending products expanded their contribution margins by 61 percentage points in the second quarter, according to Gu. He said the businesses are not yet contribution profitable, but management expects them to reach that point by the end of the year.
The improvement followed a shift in emphasis from proving borrower and investor demand to demonstrating unit economics. Gu said the company is targeting lower operating costs and more sophisticated pricing, or take-rate, optimization in the secured-lending products.
For HELOCs, he said verification costs and complexity are higher than for personal loans because of processes involving property liens and related documentation. Upstart sees opportunities to increase automation in those workflows.
In auto lending, Gu said the company is seeking to tailor economics more closely to the value it provides in individual dealership transactions. In some cases, he said, Upstart may be the only available financing source because of its ability to assess a borrower’s risk; in others, it competes in a more price-sensitive market.
Gu said home and auto could continue improving beyond break-even as Upstart adds value for borrowers, though he characterized that as a longer-term process.
Macro conditions offset operating execution Bank of America analyst Mihir Bhatia asked why Upstart maintained its full-year guidance despite an increase in UMI, a company metric tied to the macroeconomic environment and expected credit defaults. Gu said each five-point change in UMI can affect originations by roughly 5% to 10%, with revenue and contribution profit generally moving proportionately.
Gu said stronger execution in areas within Upstart’s control—including lending models, user experience, automation and customer reach—was offset by the macro headwind. He said the company likely would have raised guidance if UMI had remained in a lower portion of its previously anticipated range.
On a question about a 2024 loan vintage that appeared to be underperforming targets, Gu said overall credit performance has been strong and that variation between loan vintages is normal. He said changes in UMI can create tailwinds or headwinds for loans originated at different times, since the metric is correlated with default rates.
Investors weigh operating expenses, bank plans and cash use Gu acknowledged investor questions about operating expenses, capital needs and Upstart’s planned bank. He said operating costs have increased partly because of investments in new areas, but added that “the lion’s share” of that expense growth has occurred and that the growth rate in costs should slow considerably during the rest of the year.
Upstart has said it believes it has sufficient capitalization to open Upstart Bank early next year, according to Gu. He said the bank should be operationally and economically accretive by enabling the company to reach more states and extend more offers.
Gu also said the company views capital held on its balance sheet and in co-investment arrangements as a necessary part of its funding infrastructure rather than the primary driver of value. He said Upstart’s value should instead be measured by the growth of contribution profit, primarily fee revenue, and by the efficiency with which it uses equity capital.
Discussing capital allocation, Gu said Upstart had considered repurchasing convertible debt but concluded its stock offered a higher expected internal rate of return. He said the company will continue to weigh internal investment, stock repurchases and other uses of capital based on expected returns, while preserving sufficient cash for initiatives including the bank launch.
Gu also highlighted Cash Line, a newer product aimed at financially stressed consumers. He said the offering has shown strong customer demand but remains early in development, with further work needed on funding, credit calibration and unit economics.
About Upstart (NASDAQ:UPST)Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non‐traditional data points—such as education, employment history and other real‐time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.
Upstart's core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.
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Enphase Energy spustila v USA předobjednávky na IQ Battery C80, své první komerční bateriové úložiště s kapacitou 80 kWh. Dodávky mají začít v první polovině roku 2027.
FREMONT, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today opened U.S. pre-orders for the IQ® Battery C80, its first commercial battery storage system. The all-in-one, AC-coupled system will deliver 80 kWh of usable energy capacity and up to 40 kVA of continuous power in a single, compact enclosure, with battery packs and microinverters fully integrated.
IQ Battery C80 extends Enphase's distributed architecture into commercial energy storage, completing the company's end-to-end commercial offering. It will pair with IQ9N-3P™ and IQ9S-3P™ Commercial Microinverters at 277Y/480 V, as well as IQ8P-3P™ and IQ8H-3P™ Microinverters at 120Y/208 V, enabling complete, all-AC solar-plus-storage systems without central inverters or high-voltage DC coupling.
From 80 kWh to 2 MWh, the system is engineered for commercial, industrial, and multifamily applications. Its modular architecture will allow customers to right-size projects and expand storage capacity over time. Its distributed, microinverter-based architecture is designed to reduce single points of failure and support high system uptime. IQ Battery C80 will support demand charge management, time-of-use shifting, solar self-consumption, grid services, and virtual power plant (VPP) participation — helping customers manage energy costs and maximize the value of onsite solar generation.
IQ Battery C80 will be available in two three-phase configurations: a 120Y/208 V model delivering 33 kVA for multifamily properties and smaller commercial buildings, and a 277Y/480 V model delivering 40 kVA for larger commercial and industrial applications. Both will use lithium iron phosphate (LFP) chemistry, deliver greater than 90% AC round-trip efficiency, and operate across an ambient temperature range of -22°F to 131°F.
Both configurations will support Enphase Power Control software, certified to UL 3141, enabling two-hour or four-hour system designs. Busbar and feeder overload controls will enable flexible wiring, help reduce balance-of-system infrastructure costs, and potentially avoid unnecessary electrical equipment upgrades. The AC-coupled architecture will also allow IQ Battery C80 to pair with third-party commercial three-phase solar inverters for both new and retrofit projects.
IQ Battery C80 will use active air cooling without liquid cooling or external HVAC, helping simplify installation and improve reliability. Its integrated battery and power-conversion architecture will also reduce the number of separate components that need to be installed and interconnected. Battery-module-level heating will support reliable operation in cold-weather conditions.
IQ Battery C80 is expected to be produced at U.S. manufacturing facilities and to be FEOC compliant. U.S. production can also help certain eligible projects qualify for domestic content bonus tax credits, subject to project-specific requirements and applicable laws.
Safety is engineered at the module level. IQ Battery C80 will feature battery-module smoke and gas sensing with active pressure release, along with support for fire alarm control panel integration and emergency stop for safe isolation. The system will be certified to UL 9540A and large-scale fire test protocols for thermal runaway safety and housed in an outdoor-rated NEMA 3R enclosure for pad or floor mounting.
“We designed the IQ Battery C80 to make commercial storage simpler to deploy, easier to scale, and more resilient,” said Aaron Gordon, senior vice president and general manager of the systems business unit at Enphase Energy. “With 208 V and 480 V configurations, it will serve applications ranging from multifamily properties to large commercial and industrial facilities.”
Pre-orders for the IQ Battery C80 are open now, with shipments expected to begin in the first half of 2027. The system will be backed by a 15-year limited warranty. Customers should consult their legal and tax advisors to confirm eligibility for applicable tax credits and incentives. Learn more about commercial storage on the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy's technology and products, including the IQ Battery C80, IQ9N-3P Commercial Microinverters, and IQ9S-3P Commercial Microinverters; the anticipated benefits of Enphase Energy's distributed commercial solar-plus-storage architecture; expected market opportunities for commercial, industrial, and multifamily energy storage systems; anticipated customer demand for the IQ Battery C80; the expected scalability and applications of the IQ Battery C80, including demand charge management, time-of-use shifting, self-consumption, grid services, and virtual power plant participation; the expected production of the IQ Battery C80 at U.S. manufacturing facilities; expectations regarding FEOC compliance and the potential availability of domestic content bonus tax credits for certain eligible projects; and the expected timing of product availability and shipments. These forward-looking statements are based on Enphase Energy's current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for commercial energy storage systems and related products; competitive developments; changes in tax credits, incentive programs, or other regulatory or compliance requirements; supply chain availability and costs; and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
Stanley Druckenmiller otevřel novou pozici ve Fluor, zatímco George Soros ji celou prodal. Firma zároveň ve 2. čtvrtletí oznámila 6,10 miliardy USD nových zakázek a EPS 0,91 USD nad odhadem 0,70 USD.
Three billionaires, one unglamorous engineering stock, three different answers. In Q2 2026 13F filings disclosing positions as of June 30, 2026 and filed August 14, 2026, Stanley Druckenmiller, George Soros and David Einhorn each moved on Fluor (NYSE:FLR | FLR Price Prediction), and they moved in opposite directions. The most interesting institutional disagreements often happen in names nobody is tweeting about.
Fluor is a Texas-based engineering, procurement and construction firm serving energy, chemicals, mining, infrastructure and US government end markets. Market cap sits around $7 billion, with a backlog of $26.9 billion that is 85% reimbursable. Shares are up 32.15% year to date and 26.04% over one year, closing at $52.37 on August 14, 2026.
Here’s what’s interesting: while Fluor is underfollowed, Wall Street also sees it as a backdoor play nuclear play that could see strong growth in the years ahead as infrastructure building soars across the United States.
David Einhorn: The Wall Street Icon Who Stayed Greenlight Capital is the anchor holder of this trio. Einhorn sold 88,600 shares, leaving 4,658,750 shares valued at $244,071,913. The filing shows a share delta of roughly negative 0.019. This was a trim. Fluor remains among Greenlight’s largest disclosed long US equity positions.
Stanley Druckenmiller: A Brand New Position Duquesne Family Office opened Fluor from zero, reporting 982,200 shares valued at $51,457,000. The position was built from zero during the quarter. Druckenmiller’s filing discloses the position only. What we can say: the buy landed in a quarter when Fluor booked $6.10 billion in new awards, 89% reimbursable, and beat on adjusted EPS of $0.91 versus $0.70 consensus.
George Soros: A Small Exit Soros Fund Management sold all 50,814 shares, taking the position to zero. Relative to Soros’s disclosed book this was a small holding, and 13F exits can reflect rebalancing, risk limits or redemptions rather than a bearish call. Reading the tape as a thesis change would overstate the signal.
Bull And Bear Case The bull case rests on backlog conversion. CEO Jim Breuer told analysts, “The pull-through capture of our prospect pipeline is taking flight…we didn’t expect some of these awards until the back half of the year.” Growth vectors include a $30 billion in-house mining and metals pipeline, the Centris Fuel Enrichment award, and LNG Canada Phase 2 limited notice to proceed. Analyst consensus target sits at $60.69 on 4 buys and 5 holds, with a forward PE near 19.
There’s also some secular trends that could benefit Fluor. The company had a large holding in SMR company NuScale (NYSE: SMR), but completely exited that position in April 2026. The company remains NuScale’s preferred EPC partner and has other wins in the space such as a front-end project with X-energy for an SMR project, and an EPC contract for a uranium enrichment facility from Centrus (NYSE: LEU). It’s worth noting that Fluor’s largest division is Urban Solutions, so its ‘Energy and Mission Solutions’ is additive rather than the company’s main profit driver. Other energy segments include LNG, copper, data centers, and fertilizers.
Still, if nuclear does take off in a significant way, that should be a tailwind to Fluor as the company is often cited as a top ‘picks and shovels’ play for the trend.
The bear case is legacy fixed-price risk. Q2 absorbed $44 million of cost growth on the Gordie Howe International Bridge, Q1 took a $96 million LOGCAP charge, and 2026 adjusted EBITDA guidance was narrowed to $500 to $525 million after the Mexico JV sale. Trailing EPS is negative $11.69 on the NuScale write-down.
Two of three managers stayed constructive. That is the signal worth watching.
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Berkshire Hathaway ve 2. čtvrtletí výrazně navýšila podíl v Alphabet na přibližně 106 milionů akcií v hodnotě 36 miliard USD, čímž se stala třetí největší pozicí. Zároveň přikoupila Delta Air Lines a dál snižovala podíl v Bank of America.
Berkshire Hathaway (BRKA -1.08%)(BRKB -1.15%)'s 13F filing for the second quarter came out recently, which highlighted the company's changes in holdings during the period. While under previous CEO Warren Buffett, the company has been cautious about buying stocks and adding to its positions, that has changed of late under Greg Abel, who took over at the start of 2026.
These were the three biggest changes in Berkshire's holdings in the second quarter.
Image source: Getty Images.
The company drastically increased its position in AlphabetBerkshire bought Alphabet (GOOG -0.61%)(GOOGL -0.55%) stock last year but has since increased its position in the tech giant. Buffett claims to have been "initiated" into the initial purchase of it. But under Abel, the position has become more significant and prominent. In Q2, Alphabet bought approximately $17 billion worth of Alphabet stock, bringing its total position in the company to 106 million shares. And at $36 billion in total, it has now become its third-largest holding, behind just Apple and American Express.
It's a notable move for Berkshire, which has typically shied away from the tech sector. Alphabet is among the most valuable companies in the world, with a market cap exceeding $4 trillion. However, it's arguably in the same realm as Apple, another top Buffett holding. In terms of earnings, Alphabet isn't all that expensive, trading at about 17 times its expected future earnings (based on analyst estimates). Like Apple, it also has a strong competitive advantage, or moat, which Buffett loves to see from businesses.
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While Alphabet is a bit surprising simply because it's in tech and how big its position is, it's the type of stock that certainly makes sense within Berkshire's portfolio.
It added more shares of Delta Air LinesAnother big move for Berkshire during Q2 was adding to its position in Delta Air Lines(DAL -1.97%). It bought 17.5 million shares during the period, bringing its total to 57 million. Although it's not one of Berkshire's largest holdings, it accounts for a little over 1% of the portfolio, so it's still a decent amount.
Delta reported strong earnings back in July, noting "broad demand strength" and expecting "mid-teens revenue growth and double-digit margin" for the current period. It also increased its dividend by 15%, a clear sign of business strength and confidence in its future performance.
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Previously, under Buffett, Berkshire largely avoided airlines, exiting its position in four major airlines, including Delta, back in 2020. Now, however, Abel appears to have a greater appetite for the airline industry, with Delta being one of the company's more notable stock purchases during the most recent quarter.
Berkshire continued to trim its position in Bank of AmericaThe largest stock sale for Berkshire during the period involved its stake in Bank of America (BAC -0.93%). The company reduced its position in the top bank by about 6% by selling more than 30 million shares. It's been a trend for multiple quarters at Berkshire, as its position in Bank of America has diminished over the past couple of years, reduced more than 50% after eight quarters of sales.
Even amid the reductions, however, Bank of America remains one of Berkshire's largest holdings, accounting for nearly 9% of its entire portfolio. That's now less than Alphabet, but it's still sufficient to make it a top-five holding.
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The move may simply have been to reduce exposure to financial stocks, as American Express is already the second-largest position in the company's portfolio. But at $1.7 billion, it was Berkshire's largest reduction in value during the second quarter.
Berkshire's portfolio is changing but remains in excellent shapeThere were other changes within Berkshire's portfolio, but the most significant moves were its additions to Alphabet and Delta Air Lines, and the largest cut was in its stake in Bank of America. All in all, Abel appears to be more active of late, and perhaps that's a sign that he's more comfortable in his position as the company's new leader.
It's a good sign for investors that he's willing to put the company's cash to use, and it may help unlock greater gains for Berkshire by enabling it to capitalize on new opportunities. But with the company still taking a thoughtful approach to its purchases and investing in quality stocks, it remains in solid shape and still makes for an excellent long-term holding.
CCTE si vybrala Kinectrics k nezávislé technické kontrole programu kvalifikace paliva ANEEL. Cílem je podpořit cestu k demonstračnímu komerčnímu reaktoru.
The collaboration advances ANEEL’s technical and regulatory qualification ahead of commercial reactor demonstration.
Pictured: In the front row from left to right, John D’Angelo (President of Kinectrics) and Milan Shah (COO of CCTE). In the back row from left to right, Sean Donnelly (VP of Nuclear New Build), Paul Thompson (Executive Advisor of CCTE), and Paul Chan (CTO of CCTE)
CHICAGO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Clean Core Thorium Energy (CCTE) has selected Kinectrics Inc. (Kinectrics), a division of BWX Technologies Inc. (NYSE: BWXT), to conduct an independent technical review of the ANEEL fuel qualification program as the company advances toward commercial reactor demonstration.
Kinectrics will perform an independent assessment of the ANEEL fuel qualification program, reviewing key aspects of fuel design, manufacturing, safety and regulatory readiness. The review is intended to support future evaluation by utility Fuel Design Authorities and other stakeholders as the program progresses towards a commercial demonstration irradiation.
This collaboration represents a critical milestone in CCTE’s commercial demonstration program, following previously announced collaborations with BWXT Canada Ltd. for the supply of CANDU fuel bundle hardware and with Canadian Nuclear Laboratories (CNL) for fabrication of full-scale, reactor-ready ANEEL fuel bundles. Together, these partnerships establish the manufacturing, engineering and independent technical capabilities required to advance ANEEL toward commercial reactor demonstration.
“Kinectrics brings world-class expertise in nuclear safety analysis and licensing support, making them one of the most trusted independent evaluators in the nuclear industry,” said Milan Shah, COO of Clean Core Thorium Energy. “With BWXT Canada supplying the fuel bundles and CNL advancing ANEEL fuel pellet fabrication, their independent evaluation provides critical validation as we progress toward regulatory approval and future deployment.”
The collaboration between CCTE, BWXT Canada, CNL, and Kinectrics highlights the strength of Canada’s nuclear supply chain in supporting advanced fuel technologies. Together, these capabilities establish a practical pathway toward demonstration of thorium-based fuel in existing CANDU reactors, supporting the development of fuel with enhanced inherent safety, reduced waste and improved proliferation resistance, while leveraging established reactor infrastructure without requiring major reactor modifications.
The engagement builds on a series of technical milestones achieved by CCTE over the past year. Earlier this year, ANEEL completed accelerated irradiation testing at Idaho National Laboratory’s Advanced Test Reactor, achieving burnups exceeding 60 GWd/MTU. In parallel, CCTE also published a comprehensive peer-reviewed engineering assessment in Nuclear Engineering and Design, a leading peer-reviewed journal in nuclear engineering published by Elsevier, demonstrating the fuel’s performance, safety characteristics and compatibility across multiple reactor applications.
Together, these milestones establish the experimental, manufacturing and independent technical foundation supporting ANEEL’s commercial reactor demonstration programme and future commercial deployment.
About ANEEL Fuel
ANEEL is CCTE’s nuclear fuel platform which includes fuel designs and manufacturing, patents and intellectual property, physical high-burnup irradiation data, and advanced modelling. The fuel is a flexible design combining thorium and enriched uranium, with potential applications across Pressurized Heavy Water Reactors (PHWRs), Gen IV reactors, and Light Water Reactors (LWRs). Across these reactor technologies, ANEEL is designed to improve fuel utilization, with the potential to reduce long-lived spent fuel volumes per unit of energy generated and strengthen safety margins by improving inherent safety characteristics and proliferation resistance.
About Clean Core Thorium Energy
Clean Core Thorium Energy is a nuclear fuel company exploring thorium-driven nuclear innovations. Clean Core’s patented nuclear fuel technology (called the ANEEL fuel) is comprised of thorium and enriched uranium (LEU to HALEU), which can improve the safety and cost-efficiency of water-cooled reactors and advanced reactor technologies. The ANEEL fuel is a novel solution to safety, waste, and proliferation concerns in today’s nuclear plants.
Learn more at https://cleancore.energy/. Follow us on social media: LinkedIn and X.
AirJoule Technologies a Net Zero Innovation Hub for Data Centers oznámily strategickou spolupráci na využití odpadního tepla z datových center k výrobě vody. V roce 2026 plánují nasazení a ověření systému AirJoule Prime v provozním datovém centru.
RONAN, Mont. and FREDERICIA, Denmark, Aug. 18, 2026 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (Nasdaq: AIRJ) (“AirJoule”) and The Net Zero Innovation Hub for Data Centers (the “Hub”) today announced a strategic collaboration to explore how waste heat from data center operations can be integrated into heat-to-water systems.
The collaboration includes plans for future deployment and validation of an AirJoule Prime system at a Hub member site in 2026, enabling real-world testing within a commercial data center environment.
As part of the strategic collaboration, AirJoule and the Hub will jointly assess how heat-to-water technology could contribute to future resource-efficient data center operations and heat reuse strategies. As the data center industry explores heat reuse models, there is growing interest in how waste heat can support broader resource recovery systems and create value beyond the data center fence. AirJoule's technology is designed to convert low-grade waste heat into usable water through a thermodynamic process that integrates with industrial and infrastructure environments.
The initiative forms part of the Net Zero Innovation Hub for Data Centers’ broader work on heat reuse and Heat-to-X solutions. AirJoule participated in the first cohort of the Net Zero Start-up Hub, where it worked directly with leading operators and industry experts to align its water-from-air technology with the specific requirements of the data center industry.
“Not all data centers have access to district heating infrastructure, which is why we need to explore other ways to create value from the heat they generate,” said Alberto Ravagni, CEO of the Net Zero Innovation Hub for Data Centers. “Through our Heat-to-X workstream, we are working with AirJoule and our members to validate heat-to-water as one potential pathway for turning otherwise untapped heat into a useful resource and creating positive impact for communities beyond the data center fence.”
“When we joined the Net Zero Start-Up Hub earlier this year, our objective was to move AirJoule from demonstration toward deployment inside a working data center. This collaboration delivers on that objective. By installing an AirJoule Prime system at a Hub member site, we will validate how waste heat from data centers can be converted into a usable water resource at commercial scale,” said Matt Jore, Chief Executive Officer of AirJoule Technologies.
About AirJoule Technologies Corporation
AirJoule Technologies Corporation (NASDAQ: AIRJ) is a leading platform technology that unleashes the power of water from air. Through its joint venture with GE Vernova and in partnership with Carrier Global Corporation, the company’s purpose is freeing the world of its water and energy constraints by delivering groundbreaking sorption technologies. For more information, visit https://airjouletech.com.
Follow AirJoule Technologies on LinkedIn: https://www.linkedin.com/company/airjoule-tech/
About the Net Zero Innovation Hub for Data Centers
The Net Zero Innovation Hub for Data Centers unites leaders of the data center industry to accelerate the deployment of advanced net zero solutions. Led by APL, Danfoss, Data4, Google, Microsoft, Schneider Electric, and Vertiv, the Hub de-risks innovation by removing technical, commercial, regulatory, and financial risks.
Through a unique and structured collaborative innovation methodology, its goal is to support sustainable data center growth while enabling the transition toward a net-zero future.
Forward-Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding AirJoule Technologies and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, including any oral statements made in connection therewith, the words “may,” “should,” “will,” “expect,” “might,” “plan,” “anticipate,” “could,” “intend,” “target,” “goal,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” “positioned,” “seek,” “would” or “continue” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, AirJoule Technologies expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release.
AirJoule Technologies cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond AirJoule Technologies' control. These risks include, but are not limited to, our ability to implement business plans and forecasts, including the ability to develop, deploy and commercialize our technology and equipment, risks related to our arrangements with strategic partnerships and other third parties; the availability and cost of materials needed to develop, deploy and commercialize our technology and equipment, our status as an early stage company with limited operating history, and the other risks and uncertainties described in our SEC filings including the “Risk Factors” section of our most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. AirJoule Technologies' SEC filings are available publicly on the SEC's website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.
Contacts
AirJoule Technologies
Tom Divine, Vice President, Investor Relations and Finance [email protected]
Net Zero Innovation Hub for Data Centers
Christine Kjær Jacobsen, Director of Communications & Community Engagement [email protected]
BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (Nasdaq: ENTG), a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries, today announced recent decisions in Taiwan and China upholding patents covering key Entegris colloidal silica slurry technology used in chemical mechanical planarization (CMP) applications. The decisions further reinforce the strength of Entegris’s global intellectual property portfolio and underscore the Company’s technology leadership in advanced CMP slurries for semiconductor manufacturing.
On July 14, 2026, the Taiwan Intellectual Property and Commercial Court rejected a challenge by an affiliate of Qnity Electronics, Inc. (“Qnity”) and upheld the validity of Taiwan Patent No. I561622. On August 10, 2026, China’s National Intellectual Property Administration likewise rejected a challenge by a Qnity affiliate and upheld the validity of Chinese Patent No. 107075343B. Both patents relate to acidic colloidal silica slurry technology.
These decisions follow Entegris’s prior enforcement success involving the same patent family. In 2021, the U.S. International Trade Commission (ITC) found that Qnity’s Optiplane CMP slurry products infringed U.S. Patent No. 9,499,721 and issued exclusion and cease and desist orders prohibiting the importation, marketing, and sale in the United States of Qnity’s infringing products. In 2024, Entegris resolved related U.S. district court litigation concerning the same Optiplane products. The resolution maintained the exclusion order and cease and desist orders granted by the ITC, which remain in force until 2035.
“Entegris’s technology leadership is built on decades of innovation that enables the semiconductor industry’s most critical manufacturing processes” said Olivier Blachier, President, Materials Solutions and Senior Vice President, Chief Innovation Officer of Entegris. “These decisions reinforce the strength of our intellectual property and our commitment to protecting the innovations that differentiate Entegris, strengthen our competitive position, and support long-term value creation for customers and shareholders.”
ABOUT ENTEGRIS
Entegris is a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 7,700 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at www.entegris.com.
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “should,” “may,” “will,” “would” or the negative thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, those related to the strength and enforceability of the Company’s intellectual property portfolio, the Company’s technology leadership and competitive position and the ability to protect the Company’s innovations. They are not guarantees of future performance and they involve substantial risks and uncertainties that are difficult to predict, including, but not limited to, those identified in the risk factors and additional information described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 11, 2026, including under the heading “Risk Factors” in Item 1A, and in the Company’s other periodic filings with the SEC. Except as required under the federal securities laws and the rules and regulations of the SEC, Entegris undertakes no obligation to update publicly any forward-looking statements or information contained herein, which speak as of their respective dates.
Alberta Investment Management Corp purchased a new stake in Ameren Corporation (NYSE:AEE – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,900 shares of the utilities provider’s stock, valued at approximately $554,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its position in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Ameren in the 4th quarter valued at about $29,000. Osterweis Capital Management Inc. increased its stake in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 125 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 109 shares during the period. Institutional investors own 79.09% of the company’s stock.
Ameren Stock Performance NYSE AEE opened at $109.52 on Tuesday. The firm has a 50-day moving average of $111.06 and a 200-day moving average of $110.10. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The stock has a market cap of $30.32 billion, a PE ratio of 19.28, a P/E/G ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32.
Ameren (NYSE:AEE – Get Free Report) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter in the previous year, the firm posted $1.01 EPS. Ameren’s revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts anticipate that Ameren Corporation will post 5.39 EPS for the current year. Ameren Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 8th. Ameren’s payout ratio is currently 52.82%.
Insider Activity at Ameren In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This represents a 3.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes AEE has been the subject of several recent analyst reports. BMO Capital Markets cut their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Mizuho boosted their price target on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Truist Financial dropped their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research note on Monday. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, JPMorgan Chase & Co. lifted their target price on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameren has an average rating of “Moderate Buy” and a consensus price target of $121.75.
Read Our Latest Stock Analysis on AEE
Ameren Profile (Free Report)
Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.
Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.
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Commvault rozšířil Cloud Rewind pro Microsoft Azure a nyní pokrývá 62 % relevantních typů zdrojů, aby firmy mohly rychleji obnovit cloudové a AI aplikace po útoku nebo výpadku.
Broadened Azure resource coverage helps organizations recover more complete cloud-native and AI-driven applications following cyberattacks and outages
, /PRNewswire/ -- Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced advancements to Cloud Rewind, expanding Microsoft Azure resource coverage for configuration protection and recovery. Through this expansion, Commvault is helping organizations more rapidly restore cloud applications and the resources that support them.
Manually rebuilding environments is often slow, complex, and error-prone. According to Absolute Security's 2026 State of Enterprise Cyber Resilience report, 57% of enterprises said recovery from a cyberattack took more than 4.5 days on average.1
Cloud Rewind addresses this by continuously discovering cloud resources, mapping application dependencies, and orchestrating the recovery and rebuild of cloud applications, including the infrastructure, configurations, and dependencies they need to operate, from a single platform. This expansion broadens Azure protection by 3X – now covering 62% of enterprise-relevant Azure resource types available in the market. Organizations can also validate recovery readiness through application recovery simulations, including within isolated, air-gapped environments, before an incident occurs.
"In global logistics, every minute of downtime can disrupt supply chains and impact customer trust. Data is critical, but it needs the right cloud infrastructure to stay actionable," said Venkata Sudhakar Nagandla, SVP & Global Head-IT Infrastructure & Cloud, Allcargo Group Companies. "With Cloud Rewind, we don't just recover files — we restore our operational environment in hours, ensuring our customers experience continuity without compromise."
Additional enhancements include:
Deeper integration into Commvault backup and recovery: Protection Groups unite application data and cloud configuration into a single, air-gapped recovery experience, so teams can plan and execute recovery from one place instead of stitching together separate tools. More advanced policies for dynamic at-scale protection: Policy-based protection automatically enrolls discovered resources by tag, region, and type across multiple cloud environments, using a single workflow, so teams can protect resources at cloud scale instead of onboarding them one at a time. "Modern applications depend on interconnected cloud services, infrastructure, and configurations that must be recovered together," said Pranay Ahlawat, Chief Technology and AI Officer, Commvault. "Cloud Rewind helps organizations recover cloud applications through a unified experience in Commvault Cloud, increasing customers' confidence in their ability to recover following a cyberattack or outage."
"Many organizations discover their recovery plan is incomplete only after an incident has occurred," said Melinda Marks, Senior Research Director and Chief Analyst, Omdia. "As applications and their associated cloud resources become more complex, organizations need an effective way to rapidly recover, with restoration capabilities across configurations, dependencies, and multiple cloud platforms."
Availability and Pricing
Cloud Rewind, available today, is delivered as an add-on workload within Commvault Cloud for cloud application protection and app-centric recovery. Expanded Azure protection is targeted for availability in the coming months. Pricing is metered based on protected cloud resources.
About Commvault
Commvault (NASDAQ: CVLT) is a leader in unified resilience at enterprise scale. In a constantly evolving threat landscape, Commvault keeps customers ready by unifying data security, identity resilience, and cyber recovery, on one cloud-native, AI-enabled platform. Customers trust Commvault to conduct the fastest, most complete recoveries – not just their data, but their entire business. Purpose-built for the agentic enterprise, Commvault also enables organizations to safely embrace AI while protecting against AI-driven threats.
1 Absolute Security. (2026, January 8). Cyber Incidents and Attacks Disrupt Enterprise Business Operations for Two Weeks, Reveals First Comprehensive Global Cyber Resilience Survey [Press release]. https://www.absolute.com/press-releases/cyber-incidents-and-attacks-disrupt-enterprise-business-operations-for-two-weeks-reveals-first-comprehensive-global-cyber-resilience-survey
Curaleaf podala formální nabídku na převzetí Aurora Cannabis za ekvivalent 4,00 USD na akcii, což znamená 45% prémii k nezasažené ceně. Nabídka je otevřená do 1. prosince 2026 v 17:00 (Mountain Time).
Formal offer and take-over bid circular filed and will be delivered to Aurora shareholders
Offer provides total implied consideration of US$4.00 per share, representing a 45% premium to Aurora's Unaffected Share Price and a premium of 110% on an ex-cash basis to Aurora's Unaffected Share Price
Curaleaf remains prepared to engage constructively with Aurora's Board regarding this value-maximizing transaction
, /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer and medical cannabis products, today announced that it has formally commenced its previously announced proposal (the "Offer") to purchase all of the issued and outstanding common shares of Aurora Cannabis Inc. ("Aurora").
Under the terms of the Offer, Aurora shareholders would receive total implied consideration of US$4.00 per Aurora common share (each, a "Common Share"), comprised of 0.3463 (the "Base Exchange Ratio") of a Curaleaf subordinate voting share (each whole share, an "Offeror Share") plus US$0.75 in cash (the "Cash Consideration") and based on Curaleaf's closing share price of US$9.39 on August 10, 2026 (the day before the Company announced its intention to make the Offer). Based on Aurora's 30-day Volume Weighted Average Price ("VWAP") (as at August 10, 2026 (the day before the Company announced its intention to make the Offer)) of US$2.75 (the "Unaffected Share Price"), the Offer implies a 45% premium to the Unaffected Share Price. Excluding the value of the cash and cash equivalents that Aurora has on its balance sheet, the Offer represents a premium of 110% to the Unaffected Share Price.
Boris Jordan, Chairman of the Board and Chief Executive Officer of Curaleaf, stated: "Today, we are putting this proposal directly in the hands of Aurora shareholders. We believe our Offer provides immediate value and a unique opportunity to participate in the upside of a larger, more diversified global cannabis platform with meaningful exposure to the growth of the U.S. market. By combining Aurora with Curaleaf, we can create the preeminent, scaled industry leader with significant opportunities for long-term growth and value creation. We believe this is a compelling opportunity for both companies and, most importantly, for shareholders."
Curaleaf's Offer follows multiple attempts to engage privately, constructively, and in good faith with Aurora's Board regarding a transaction designed to maximize value for shareholders. Despite these efforts, Aurora repeatedly declined to engage in any meaningful discussions regarding the proposal. Curaleaf's proposal was formulated without the benefit of due diligence and based solely on publicly available information due to Aurora's refusal to engage. Curaleaf remains prepared to engage constructively with Aurora to maximize value for all shareholders.
Mr. Jordan continued: "Given the reduction in Canadian medical cannabis reimbursement rates and the cancellation of German medical cannabis reimbursement, Aurora is facing significant headwinds in its two most prominent markets. These regulatory changes, coupled with consecutive quarters of underperformance, have led to a smaller, less profitable company than Aurora was when its shares traded at materially higher levels in 2025, yet the Aurora Board's assessment of value appears to be anchored to that historical share price. Furthermore, Aurora's shareholders have faced millions of dollars in restructuring costs and billions of dollars in write-offs, as well as continued dilution from an at-the-market equity issuance program at prices below our offer price. Curaleaf is offering Aurora shareholders the opportunity to realize meaningful value today at a significant premium, while becoming owners of the largest cannabis company in the world led by a management team that is deeply committed to long-term value creation."
Terms of the Offer
The Offer will provide holders of Common Shares with consideration consisting of 0.3463 Offeror Shares and US$0.75 in cash for each Common Share deposited under the Offer, representing total implied consideration of approximately US$4.00 per Common Share, based on Curaleaf's closing price of US$9.39 on August 10, 2026 (the day before the Company announced its intention to make the Offer). The Offer is subject to a maximum value per Common Share of US$5.00 (the "Cap Price"). If, on the earlier of the Expiry Time (as defined below) and the date on which all conditions to the Offer have been satisfied or waived, the 20-day VWAP of Curaleaf Shares (the "Calculation Date VWAP") is greater than C$17.05 (assuming an exchange rate for U.S. dollars of C$1.00 = US$0.72) per Offeror Share (the "Cap VWAP Price"), the number of Offeror Shares issuable for each Common Share will be determined by dividing the Cap Price of US$5.00 (less the Cash Consideration of US$0.75) by the Calculation Date VWAP, in accordance with the terms of the Offer.
The Offer will remain open for acceptance until 5:00 p.m. (Mountain Time) on December 1, 2026 (the "Expiry Time"), unless extended, varied or withdrawn in accordance with its terms. Subject to applicable securities laws, Curaleaf may extend the deposit period and, if the statutory minimum tender requirement and all other conditions of the Offer have been satisfied or waived, the Offer will be extended for a mandatory period of at least 10 U.S. Business Days. The Offer is not subject to any financing condition or due diligence condition and is subject to only customary regulatory approvals and other customary conditions, all as described in the Offer Documents (as defined below).
Full details of the Offer are contained in the formal offer and take-over bid circular and related materials (collectively, the "Offer Documents"), which have been filed with the applicable Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission and which will be delivered to Aurora shareholders. Aurora shareholders are urged to read the Offer Documents carefully and in their entirety. The Offer Documents will also be available on Curaleaf's website and on its profile page on SEDAR+ (sedarplus.ca) and EDGAR (sec.gov), and Aurora shareholders are also encouraged to visit https://grow.curaleaf.com/ for additional information regarding the Offer, including the strategic rationale for the Offer, expected benefits of the combination of the two companies, FAQs, and other relevant materials.
Reasons to Tender to the Offer
Among other reasons, Aurora's shareholders are encouraged to tender their Common Shares to the Offer because:
Provides Immediate and Significant Premium and Value Certainty: Aurora shareholders can immediately capture a significant premium and realize cash value today while continuing to participate in the future growth of the combined company through ongoing equity ownership – the Offer represents a 45% premium to Aurora's Unaffected Share Price. Even Higher Premium on an Ex-Cash Basis: Based on Aurora's US$109 million of cash and equivalents (or US$1.62 per share) and assuming dollar-for-dollar value for cash, the Offer implies an ex-cash premium of 110% to the Unaffected Share Price and an ex-cash premium of 127% to the July 7, 2026 closing price, the date Curaleaf sent its initial letter of intent to Aurora. Attractive Implied Valuation Relative to Peers: Based on average analyst consensus estimates, the Offer implies a CY2026E adjusted EBITDA multiple of 12.0x, more than 68% higher than the comparable Canadian peer average of 7.1x, and 58% higher than Aurora's CY2026E adjusted EBITDA multiple of 7.6x. Aurora's Most Recent Guidance Contemplates a Smaller and Less Profitable Business: In Aurora's most recent earnings announcements, Aurora management provided an FY2027 outlook in which they expect to generate lower revenue and lower adjusted EBITDA than the year just ended. The Offer provides Aurora shareholders with an alternative – ownership in a combined company with a growing revenue base, positive operating cash flow and downstream infrastructure that Aurora does not have. Constant Restructuring and Inventory Impairment Charges Presented as Non-Recurring for Four Consecutive Years: Aurora has had inventory impairments and "business transformation" costs in each of fiscal 2024, fiscal 2025, fiscal 2026 and again in the first quarter of fiscal 2027. Over this period, Aurora has incurred almost C$150 million of "non-recurring" costs that have been excluded from its adjusted results. Charges incurred in four consecutive fiscal years are not non-recurring. Aurora Has a Sustained Track Record of Value Destruction: Aurora's balance sheet as at March 31, 2026 reports share capital of C$7.0 billion offset by an accumulated deficit of C$6.4 billion. Approximately 72% of that deficit is the impairment of businesses Aurora has acquired. Between fiscal 2020 and fiscal 2026 Aurora recognized approximately C$4.65 billion of impairments in continuing operations. Combine with the Global Industry Leader with Continued Participation: Through the share component of the Offer, Aurora shareholders would have the opportunity to participate in compelling industry growth alongside the established and successful track record of Curaleaf, which maintains a global cultivation footprint more than three times the size of Aurora and global production capacity almost six times that of Aurora. Increased Diversification Across the Global Cannabis Value Chain: Given Curaleaf's extensive global operations, as well as its infrastructure across all aspects of the cannabis value chain, both medical and adult-use, Curaleaf's business is one of the most diversified cannabis companies in the world. Aurora shareholders will greatly benefit from this diversification. Pro Rata Participation in Expected Synergies: Curaleaf has identified a path to at least US$40 million of annual cost synergies through optimization across corporate overhead, procurement, supply chain operations, and international infrastructure. Aurora shareholders would also benefit from potential revenue synergies from combining Aurora's cultivation, genetics, and medical cannabis capabilities with Curaleaf's distribution, pharmacy, clinic, and patient access footprint. Improved Scale, Liquidity, Capital Markets Presence and Access to Capital: The combined company would be a larger, more diversified global cannabis platform with a pro forma market capitalization of more than US$3.0 billion, enhanced liquidity, broader investor appeal, and expanded future capital markets opportunities. As one of the largest and most diversified cannabis companies globally, the combined entity would be uniquely positioned as the premier public vehicle for blue-chip institutional and long-term investors seeking exposure to a top-tier cannabis investment opportunity – ultimately realizing a lower cost of capital than Aurora experiences today. Potential for Downward Aurora Share Price Impact if the Offer is not Accepted: If the Offer is not successful, Curaleaf believes Aurora's share price may decline toward pre-offer levels, eliminating the premium implied by the transaction. Compelling Strategic Rationale for the Curaleaf-Aurora Cannabis Combination
Curaleaf continues to believe that a combination of the two companies would result in significant strategic and financial advantages. By combining with Curaleaf, Aurora will be able to leverage the strengths of a larger and more diversified global cannabis platform. The combined company is expected to benefit from:
The Creation of the Global Cannabis Champion Through Complementary Strengths: The combination would bring together two of the industry's most respected operators, creating a truly global cannabis leader with significant scale across North America, Europe and other emerging international markets. The combined company would have more than US$1.5 billion of LTM revenue and nearly US$350 million of LTM Adjusted EBITDA. A Stronger Platform for Long-Term Growth: Curaleaf's scale, profitability, capital resources, international operating platform, and extensive distribution infrastructure provide the opportunity to take Aurora's business to the next level. Curaleaf generated approximately US$145 million of operating cash flow for the twelve-month period ended June 30, 2026 and will provide Aurora with enhanced financial flexibility to invest in organic growth initiatives and pursue strategic opportunities that will further strengthen its position in the global medical cannabis market. Unlocking Full Global Potential Through Curaleaf's Infrastructure: Aurora's cultivation, genetics, and medical cannabis capabilities can achieve their greatest reach and impact through Curaleaf's unmatched international infrastructure. Curaleaf's diversified international platform provides Aurora with a unique opportunity to expand its brands, reach more patients, accelerate growth in emerging markets and capitalize on future global legalization trends through an infrastructure that would be difficult to replicate or access through any other strategic combination. Participation in U.S. Cannabis Upside: Aurora shareholders would gain meaningful exposure to the world's largest cannabis market and a series of potentially transformative U.S. regulatory and industry catalysts. Combined with the potential for broader federal legalization, federal rescheduling and increasing restrictions on hemp-derived products provide Aurora shareholders with exposure to growth opportunities that are not currently available through Aurora's standalone international-focused strategy. Leveraging Curaleaf's Extensive Cultivation Experience: Curaleaf has significant cultivation expertise with approximately 472,000 square feet of cultivation canopy and a demonstrated track record of improving productivity, optimizing yields and reducing unit production costs. Since the first quarter of 2024, Curaleaf has increased average yields nearly 90% on a per square foot basis while reducing its cost per gram nearly 50%. Curaleaf's proven cultivation capabilities in yield optimization, genetic innovation, per-plant productivity and cost reduction are expected to support enhanced efficiency and product quality across Aurora's cultivation facilities. Highly Experienced Management Team: Curaleaf is led by a deep, highly experienced management team with extensive expertise across cannabis, healthcare, consumer products, finance, and global operations. Founder, Executive Chairman and Chief Executive Officer Boris Jordan has continued to lead Curaleaf since its inception and has played a pivotal role in its evolution into one of the world's leading cannabis enterprises. Curaleaf's seasoned leadership team continues to drive operational excellence, disciplined capital allocation, and long-term value creation for shareholders, including with a strong track record on integrating acquisitions into the larger Curaleaf platform and infrastructure to drive commercial success. Value Creation Through Superior Capital Allocation: Under the leadership of a management team widely regarded as among the industry's most experienced capital allocators, the combined company is expected to be uniquely positioned to deploy capital, expand into new markets, optimize product portfolios and accelerate long-term growth in ways that neither company could achieve independently. Management Heavily Invested in Curaleaf: Having been personally invested in Curaleaf since 2014, Mr. Jordan remains a significant shareholder of Curaleaf, owning shares representing an economic interest of approximately 18% and US$452 million of value. Management and other insiders collectively own shares representing an economic interest of approximately 20% and US$492 million of value. The Clear Strategic Partner for Aurora: Curaleaf is uniquely positioned to execute a transaction of this scale, combining the size, operational sophistication, financial resources, and global infrastructure necessary to successfully integrate the Company's business. Few, if any, other industry participants possess the complementary geographic footprint, international regulatory expertise and commercial platform required to maximize the value of the Company's assets while providing a compelling path for future growth. Conditions of the Offer
The Offer is subject to customary conditions, including: (i) there being validly deposited under the Offer, and not withdrawn, more than 50% of the outstanding Common Shares, excluding any shares held by the Offeror and other non-independent shareholders; (ii) at least 66⅔% of the outstanding Common Shares (on a fully diluted basis) having been deposited under the Offer; (iii) receipt of all required governmental and regulatory approvals; (iv) no material adverse effect having occurred in respect of Aurora; (v) Aurora's shareholder rights plan not impairing the Offer; and (vi) the absence of any legal, regulatory or other event that would prevent or materially adversely affect completion of the Offer. The Offer is also subject to the effectiveness of the registration statement under the U.S. Securities Act and other customary conditions.
Acknowledgment of Aurora Cannabis Special Committee
Curaleaf acknowledges that, as announced in a press release on August 11, 2026, the Board of Directors of Aurora has formed a Special Committee to review the Offer, and Curaleaf remains open to a dialogue whereby the parties can work toward a constructive, mutually agreeable transaction in a timely manner.
"We remain disappointed that Aurora's management and Board have not meaningfully engaged with us on the merits of our proposal. A one-line response to an offer is not meaningful engagement – it is a dismissal – and Aurora shareholders deserve the opportunity to fully evaluate the potential benefits of this transaction," said Mr. Jordan. "However, we are hopeful that Aurora's Special Committee will see, as we do, that the financial and strategic rationales for a combination with Curaleaf are compelling, and that this transaction is in the best interest of Aurora shareholders. We remain available for productive conversations with the Special Committee to ensure that the benefits of the combination can be realized by the shareholders of both of our companies as soon as possible."
Advisors
Canaccord Genuity Corp. is serving as Curaleaf's financial advisor, Dentons is serving as Curaleaf's legal advisor, Kekst CNC is serving as strategic communications counsel, and Carson Proxy Advisors is serving as proxy solicitation advisor.
Shareholders with questions regarding Curaleaf's Offer can contact Carson Proxy Advisors at 1-800-530-5189 or (+1-416-751-2066 – collect call for shareholders outside of North America) or visit https://grow.curaleaf.com.
About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Dark Heart, and Anthem provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.
Contacts
Media Contact
Kekst CNC
[email protected]
Shareholder Contact
Carson Proxy Advisors
North American Toll Free Phone: 1-800-530-5189
Local (Collect outside North America): 416-751-2066
Email: [email protected]
This press release contains certain "forward-looking statements" within the meaning of such statements under applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward looking statements in this news release include statements regarding the terms of the Offer, the expected benefits of the Offer to the combined company and the financial and strategic benefits of the Offer noted above, synergies and efficiencies that may be achieved upon a combination of the businesses of Aurora and Curaleaf; and expectations with respect to business and geographical diversification of the combined entity. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release, including assumptions based upon Aurora's publicly disclosed information, and that there will be no change in the business, prospects or capitalization of Aurora or Curaleaf. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. A more complete discussion of the risks and uncertainties facing the Company appears in the Company's Annual Information Form and continuous disclosure filings, which are available at www.sedarplus.ca.
Cautionary Statement Respecting Aurora Information
The information concerning Aurora contained in this press release has been taken from, or is based upon, publicly available information filed by Aurora with securities regulatory authorities in Canada prior to the date of this press release and other public sources. Aurora has not reviewed this press release and has not confirmed the accuracy and completeness of the Aurora information contained herein. Neither Curaleaf, nor any of its officers or directors, assumes any responsibility for the accuracy or completeness of such Aurora information. Curaleaf has no means of verifying the accuracy or completeness of any of the Aurora information contained in this press release.
Notice to U.S. Holders
The Offer is being made for the securities of a company formed outside of the United States. The Offer is subject to disclosure requirements of Canada that are different from those of the United States. Financial statements included in the documents, if any, will be prepared in accordance with Canadian accounting standards and may not be comparable to the financial statements of United States companies.
It may be difficult for a securityholder in the United States to enforce his/her/its rights and any claim a securityholder may have arising under the U.S. federal securities laws, since the issuer is located in Canada, and some or all of its officers or directors may be residents of Canada or another country outside of the United States. A securityholder may not be able to sue a Canadian company or its officers or directors in a court in Canada or elsewhere outside of the United States for violations of U.S. securities laws. It may be difficult to compel a Canadian company and its affiliates to subject themselves to a U.S. court's judgment.
Securityholders should be aware that the issuer may purchase securities otherwise than under the Offer, such as in open market or privately negotiated purchases.
Barnes & Noble College rozšíří First Day Complete na 263 kampusů, což pokryje více než 1,43 milionu studentů. Proti podzimu 2025 je to zhruba o 26 % více studentů.
FLORHAM PARK, N.J., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Barnes & Noble College (BNC), a Barnes & Noble Education, Inc. (NYSE: BNED) company and a leading solutions provider for higher education, today announced that First Day Complete® will be offered across 263 campuses representing more than 1.43 million students* during the Fall 2026 academic term, approximately 26% more students than in Fall 2025. Spanning 40 states, the program’s continued expansion reflects growing institutional adoption as colleges and universities seek solutions that remove barriers to student success, improve affordability, simplify the course material experience for students and families, and support broader institutional priorities.
Through First Day Complete, students participating in the program receive all required print and digital course materials before or on the first day of class, with costs included through tuition or as a course charge. By delivering average savings of 30–50% and simplifying how students obtain their required materials, First Day Complete creates a more convenient and predictable experience for students and families, eliminating much of the time and stress traditionally associated with preparing for the academic term and helping students arrive ready to learn and succeed.
The 263 campuses offering First Day Complete this fall span every major segment of higher education, demonstrating the program's ability to serve institutions with diverse student populations, operating models and academic missions. Participating campuses include 32% four-year public colleges and universities, 39% four-year private colleges and universities, and 29% two-year community and technical colleges.
Barnes & Noble College continues to see a strong pipeline of colleges and universities evaluating First Day Complete, reinforcing the growing momentum behind affordable access across higher education. For a growing number of institutions, affordable access is evolving beyond a course material affordability initiative into a broader strategic solution to help improve preparedness, support retention, and create a better, more seamless experience for students and families.
BNC’s broader affordable access portfolio also includes First Day® by Course, which delivers average student savings of 30–50% per class while providing seamless access to digital course materials on or before the first day of class. Materials are pre-loaded into the institution’s learning management system, giving students immediate access without the need to search for materials, visit an e-commerce site or take any additional steps. This streamlined experience helps ensure students are prepared from the start while giving faculty greater confidence that students have access to the materials they need to succeed. First Day by Course will be available at an additional 182 campuses during the Fall 2026 academic term, extending BNC’s affordable access programs across a combined 445 campuses nationwide.
A Strategic Partnership for Student Success
"The growth of First Day Complete reflects a broader transformation taking place across higher education," said Jonathan Shar, Chief Executive Officer, Barnes & Noble Education. “Colleges and universities are increasingly recognizing that how students access their course materials can have a meaningful impact on affordability, preparedness and the overall student experience. Through our partnerships with institutions, we’re removing barriers that can stand between students and their success while creating a simpler, more effective course material experience for the entire campus community. We’re incredibly proud of the impact First Day Complete is having today, and we believe there is significant opportunity ahead as more institutions embrace affordable access as part of their broader student success strategy.”
Research Reinforces Strong Student Outcomes
A Barnes & Noble College survey of students participating in First Day Complete across 187 institutions during the Spring 2026 academic term found:
91% said the program saved them time.86% felt better prepared at the start of the academic term.82% said First Day Complete positively impacted their academic success.89% of non-graduating students said they would participate again.87% said they would recommend the program to other students.
Students and Campus Leaders See the Difference
"I would be very likely to recommend the First Day Complete program to other students because it removes so much of the stress that usually comes with getting course materials. Having every textbook and resource ready on day one helped me stay organized, keep up with readings, and avoid falling behind early in the semester. It also saved time and money, since I didn't have to search for books or worry about buying the wrong edition. Overall, the program makes the start of each class smoother and supports better academic performance." - Student, Caldwell University
"I would recommend ECU's First Day Program to other students because it makes starting the semester much easier and less stressful. Having all required course materials available on the first day means students don't fall behind waiting to buy textbooks or trying to find cheaper options. It also helps with budgeting since the cost is more predictable and often lower than purchasing materials individually. Overall, it helps students stay on track from the beginning, reduces stress, and creates a smoother learning experience that can lead to better academic success." - Student, East Carolina University
“The Eagle Direct program directly supports our priorities around student success and retention,” said Allyson Easterwood, Vice President for Finance & Administration at The University of Southern Mississippi. “Students are better equipped for class on day one, and faculty have greater confidence that students have the materials they need to succeed.”
Dr. Christopher Leskiw, Vice President for Academic Affairs and Dean of the Faculty at the University of the Cumberlands, added, “Many of our students are making decisions about whether they can afford their course materials. By integrating that cost into the program, we eliminate that decision point. Students no longer have to worry about where to find their books, whether they can afford them, or if they’ll have them in time for class. That peace of mind is truly transformative.”
To hear directly from students, faculty, and campus leaders about their experiences with First Day Complete and its impact across their campus communities, visit www.bncollege.com/insight/fdcimpact.
Continuing to Lead Through Innovation
As First Day Complete continues to grow, Barnes & Noble College is investing in technology, capabilities and student-driven innovations designed to make the program even more valuable for students, families and institutional partners.
Recent enhancements are making First Day Complete more personalized, intuitive and impactful. For students, new capabilities include personalized savings estimates that provide greater transparency into the value of the program, improved communications and automated reminders that make it easier to manage course materials from the first day of class through the end of the semester. For campus partners, enhanced financial aid integration and expanded administrative capabilities provide greater customization, visibility and flexibility, enabling institutions to tailor the program to their unique needs and more effectively advance priorities around affordability, student success and the campus experience.
Student feedback is also playing a direct role in shaping the future of First Day Complete. Barnes & Noble College recently launched its National Student Advisory Council, bringing together student leaders from partner institutions to provide ongoing input on the program, the student experience and emerging student needs.
Together, these investments reinforce Barnes & Noble College’s leadership in affordable access and its commitment to continually improving the First Day Complete experience. As the program continues to expand, BNC remains focused on advancing new capabilities that reduce barriers, improve the student and campus experience, and create greater value for its institutional partners—while continuing to shape the future of affordable access across higher education.
*Enrollment represents total undergraduate enrollment at participating institutions, plus graduate enrollment at institutions where First Day Complete includes graduate programs. Enrollment data as reported by the National Center for Education Statistics (NCES) as of January 2, 2026.
About Barnes & Noble College
Barnes & Noble College, a Barnes & Noble Education company, operates more than 1,000 physical and virtual campus stores serving approximately 5.7 million students nationwide. Through innovative academic solutions, retail services, and technology-enabled partnerships, Barnes & Noble College helps colleges and universities improve affordability, strengthen student success, and enhance the campus experience. For more information, visit www.bncollege.com.
About Barnes & Noble Education, Inc.
Barnes & Noble Education, Inc. (NYSE: BNED) is a leading solutions provider for higher education. BNED operates a network of campus stores that deliver essential academic materials, institutionally branded merchandise, and retail services that enhance the collegiate experience. Through its family of brands, including Barnes & Noble College and MBS, BNED expands affordability and access to course materials while delivering innovative solutions that support student success inside and outside the classroom. For more information, visit www.bned.com.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and information relating to us and our business that are based on the beliefs of our management as well as assumptions made by and information currently available to our management. When used in this communication, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “may,” “should,” “will,” “forecasts,” “projections,” “continue to,” “committed to,” and similar expressions, as they relate to us or our management, identify forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements, and such statements include but are not limited to those related to the Company’s strategy, key growth drivers, long-term financial framework, strategic initiatives, and expected trends in financial results. We caution you not to place undue reliance on these forward-looking statements. Such statements reflect our current views with respect to future events, the outcome of which is subject to certain risks, including, but not limited to: the amount of our indebtedness and ability to comply with covenants contained in our credit agreement; our ability to maintain adequate liquidity levels to support ongoing inventory purchases and related vendor payments in a timely manner; slower than anticipated pace of adoption of our BNC First Day® equitable and inclusive access course material models; our dependency on strategic service provider relationships and the potential for adverse operational and financial changes to these strategic service provider relationships; non-renewal of our managed bookstore, physical and/or online store contracts; general competitive conditions; a decline in college enrollment or decreased funding available for students; technological changes, including the adoption of artificial intelligence technologies for educational content; disruptions to our information technology systems, infrastructure, data, supplier systems, and customer ordering and payment systems due to computer malware, viruses, hacking and phishing attacks; disruption of or interference with third party service providers and our own proprietary technology; and changes in applicable domestic and international laws, rules or regulations or changes in enforcement practices, including, without limitation, U.S. tax reform, changes in tax rates, tariffs, import and export control laws and regulations, changes to consumer data privacy rights legislation, as well as related guidance. Moreover, we operate in a very competitive and rapidly changing environment and new risks may emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make.
For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company’s Annual Report on Form 10-K for the fiscal year ended May 2, 2026, filed with the SEC. Any forward-looking statements made by us in this press release speak only as of the date of this press release, and we do not intend to update these forward-looking statements after the date of this press release, except as required by law or regulation.
Media Contact:
Gene King
Barnes & Noble Education
Corporate Communications [email protected]
Soud nechal pokračovat klíčové části žaloby proti Lamb Weston kvůli údajným nepravdivým tvrzením o modernizaci a systému ERP. Akcie po zveřejněních v dubnu, červenci a prosinci 2024 postupně klesly o 19 %, 28 % a 20 %.
, /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Lamb Weston Holdings, Inc. (NYSE: LW) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about the company's efforts to modernize its business operations and systems. Current shareholders are encouraged to contact the firm here: https://www.classactionlawyers.com/lambweston.
On May 12, 2026, U.S. District Judge David C. Nye ruled that key claims in a securities fraud lawsuit against Lamb Weston and its former CEO and CFO will move forward. The lawsuit alleges that between July 2023 and December 2024, the company misled investors about the performance of its enterprise resource planning (ERP) software, including rollout problems affecting inventory visibility and customer order fulfillment. These statements allegedly caused Lamb Weston's stock to trade at artificially inflated prices. Judge Nye found the complaint sufficiently alleged that false and misleading statements about these matters were made with knowledge or deliberate recklessness. During this period, company insiders sold over $11 million in stock. The truth was revealed through disclosures in April, July, and December 2024 showing that the ERP transition contributed to lost customers and sales. Lamb Weston's stock price fell sharply following these announcements, declining 19%, 28%, and 20%, respectively.
We are investigating potential wrongdoing by Lamb Weston's directors and officers in connection with these allegations.
If you own Lamb Weston stock, you may have legal options. Visit https://www.classactionlawyers.com/lambweston to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions and shareholders in derivative actions against corporate officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
Contact
Dustin L. Schubert
[email protected]
Tel: 415-788-4220
Mercury Systems, Inc. (NASDAQ:MRCY) will release its fourth earnings report after the closing bell on Tuesday, Aug. 18.
Analysts expect the Andover, Massachusetts-based company to report quarterly earnings of 38 cents per share, down from 47 cents per share in the year-ago period. The consensus estimate for MRCY’s quarterly revenue is $266.4 million. It reported $273.11 million last year, according to Benzinga Pro.
On Aug. 3, Mercury Systems announced a strategic agreement with Palantir to enhance the automation of material planning and factory operations to accelerate the delivery of processing technologies for U.S. military programs.
Mercury Systems shares gained 2% to close at $113.36 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Piper Sandler analyst Clarke Jeffries initiated coverage on the stock with an Overweight rating with a price target of $126 on Aug. 12, 2026. This analyst has an accuracy rate of 53%. JP Morgan analyst Seth Seifman maintained a Neutral rating and boosted the price target from $99 to $101 on July 13, 2026. This analyst has an accuracy rate of 84%. Goldman Sachs analyst Noah Poponak maintained a Sell rating and raised the price target from $60 to $68 on May 11, 2026. This analyst has an accuracy rate of 67%. Canaccord Genuity analyst Austin Moeller maintained a Buy rating and increased the price target from $102 to $106 on May 7, 2026. This analyst has an accuracy rate of 55%. Jefferies analyst Sheila Kahyaoglu maintained a Hold rating and cut the price target from $85 to $80 on April 7, 2026. This analyst has an accuracy rate of 75%. Latest Private Market Opportunities
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Analog Devices, Inc. (NASDAQ:ADI) will release its third earnings report before the opening bell on Wednesday, Aug. 19.
Analysts expect the Wilmington, Massachusetts-based company to report quarterly earnings of $3.33 per share, up from $2.05 per share in the year-ago period. The consensus estimate for ADI’s quarterly revenue is $3.93 billion. It reported $2.88 billion last year, according to Benzinga Pro.
On May 20, Analog Devices posted better-than-expected second-quarter earnings.
Analog Devices shares gained 0.2% to close at $390.28 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Keybanc analyst John Vinh maintained an Overweight rating and raised the price target from $500 to $525 on July 14, 2026. This analyst has an accuracy rate of 78%. TD Cowen analyst Joshua Buchalter maintained a Buy rating and boosted the price target from $450 to $460 on July 13, 2026. This analyst has an accuracy rate of 57%. Cantor Fitzgerald analyst C.J. Muse maintained an Overweight rating and raised the price target from $510 to $550 on June 29, 2026. This analyst has an accuracy rate of 82%. Stifel analyst Tore Svanberg maintained a Buy rating and increased the price target from $450 to $498 on June 24, 2026. This analyst has an accuracy rate of 84%. JP Morgan analyst Harlan Sur maintained an Overweight rating and raised the price target from $400 to $450 on May 26, 2026. This analyst has an accuracy rate of 85%. Latest Private Market Opportunities
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Considering buying ADI stock? Here’s what analysts think:
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Lululemon letos klesl o 44 % a tržby v 1. čtvrtletí vzrostly jen o 4 % na 2,5 miliardy USD, zatímco čistý zisk spadl na 195 milionů USD. Akcie se podle technického obrazu mohou dál propadat k 100 USD.
Sell LULU. Fundamentals are rolling over (revenue growth from ~30% to ~5%, Americas down, China slowing, net income down). Even with a lower forward P/E (~10.5), the article flags “value trap” risk. Chart confirms bear control: below $159 support, below 50-week EMA, bearish flag into a horizontal channel—setup for a breakdown toward $100 and then $80.
Key Risk: Lululemon proves a real turnaround fast (clear guidance re-accelerating growth and margins), causing the stock to reclaim $159 and invalidate the breakdown path.
Nike (NKE) short
Sell NKE as a high-conviction peer trade. The article shows the whole industry is in a synchronized drawdown (Nike down ~50% in 12 months, ~77% in 5 years). If Lululemon is struggling with demand and profitability, Nike’s brand-led demand and inventory cycle risk likely keeps pressure on the group, especially if consumers keep trading down.
Key Risk: Nike delivers a sharp demand/inventory correction with strong forward guidance that lifts the whole discretionary apparel complex and forces multiple expansion.
Lululemon stock continues to underperform the broader market as the company’s and industry’s challenges continue. LULU is down by 44% this year and by 71% in the last five years, a dramatic reversal for a company that was once one of the most popular among retail and institutional investors.
LULU’s retreat has coincided with that of other top companies in the industry. Nike stock has dropped by 50% in the last 12 months and by 77% in the last five. In Germany, Adidas has fallen by 50% in the last five years, while On Holding is down by 33% in the same period.
Lululemon, a company whose business boomed during the pandemic, has done well in the past few years as its growth trajectory has stalled.
It has moved from having double-digit growth to single digits. In 2023, the company’s revenue growth was nearly 30%, a figure that dropped to 4.8% last year.
The most recent results showed that its net revenue rose by just 4% in the first quarter to $2.5 billion or 2% on a constant-dollar basis.
Most notably, its key markets are no longer doing well. Its Americas revenue dropped by 3%, a notable development since it is its most profitable.
Its international segment’s revenue jumped by 22% in the quarter, with its comparable sales rising by 13%. While these growth metrics are good, they are much lower than where they were a few quarters ago. Mainland China’s revenue has also slowed drastically in the past few months.
The company’s profits have also plunged. Its net income dropped to $195 million in the first quarter from $314 million in the same period last year.
Lululemon’s growth is expected to be minimal in the coming years. The average estimate among analysts is that its second-quarter revenue will be $2.46 billion, down by 2.55% from a year earlier. For the year, its revenue is expected to drop by 0.54% to $11.04 billion, followed by a modest growth next year to $11.34 billion.
Therefore, the company’s valuation has become a bargain. Its forward price-to-earnings ratio dropped to 10.5, lower than the consumer discretionary median of 17, and the five-year average of 28. Despite its cheap valuation, there is a possibility that it may be a value trap. Unless the company demonstrates a clear turnaround strategy, the stock will likely continue falling.
LULU stock chart | Source: TradingView
The weekly chart shows that the LULU stock has been in a strong sell-off for a while. It has slumped below the important support level of $159, its lowest level in September and November last year.
Lululemon stock has slumped below the 50-week Exponential Moving Average (EMA), a sign that bears remain in control. The stock has formed a bearish flag pattern and is now in the horizontal channel.
Therefore, the stock will likely continue falling, potentially to the key support level of $100. A move below that support will point to further downside towards $80.
Metalsource Mining oznámila nové vrty na Silver Hill s až 15,3 metru při 207 g/t AgEq, včetně 2,4 metru při 515 g/t AgEq. Mineralizace zůstává otevřená do hloubky i podél směru.
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2026) - Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) ("Metalsource" or the "Company") is pleased to announce additional assay results from its ongoing drill program at Silver Hill, where step out drilling continues to improve management's understanding of the continuity and orientation of a growing high grade polymetallic system.
Hole SH26-20 returned 9.57 metres grading 364 g/t silver equivalent ("AgEq"), including 2.26 metres grading 913 g/t AgEq.
Hole SH26-21 returned 15.3 metres grading 207 g/t AgEq, including 2.4 metres grading 515 g/t AgEq.
These two holes continue to demonstrate mineralization is open at depth, with reliable widths and high grades, validating the company's interpretation that the system remains open down dip and along strike to the north and south.
SH26-20: This hole was drilled as a follow up to SH26-19, designed to characterize the grade of lost material in SH26-19. This is very important for data continuity in future resource estimations. SH26-20 returned composite values of up to 8.4 g/t gold, with 47.9 g/t silver, and 14.7% combined lead-zinc. The combined result of SH26-19 and SH26-20 demonstrate local variability in grade along strike and down dip can be significant. This result bolsters our confidence that an individual intercept of relative lower grade can be in very close proximity to high grade mineralization.
SH26-21: This hole was drilled as a down dip step out below SH26-20, and returned higher overall composite lead values, including up to 7.3% lead and 47 g/t silver. Elevated silver with higher lead supports our understanding that galena is argentiferous, and silver is associated with lead enriched zones in the deposit. Additionally, SH26-21 intercepted wider sections of the mineralized horizon, indicating the system may be more robust at depth.
Drill Hole IDFrom (m)To (m)Length (m)Au (g/t)Ag (g/t)Pb (%)Zn (%)Cu (%)AgEq (g/t)SH26-20227.56237.139.572.530.22.67.60.2364Including227.56229.822.268.437.01.912.80.6913Including232.90237.134.240.747.94.710.30.1308SH26-21247.01262.3115.300.925.22.65.80.1207Including247.65252.074.421.728.64.28.90.1340Including249.63252.072.442.947.47.311.00.2515Including256.21262.316.100.536.93.16.70.1208Table 1: Composite assay results from SH26-20 and SH26-21. Widths reported are core length, as additional data is needed to estimate the true width of intercepts at this stage of the project. *Details on AgEq calculations below.
Figure 1: Panoramic photograph showing mineralization from SH26-20.
To view an enhanced version of this graphic, please visit:
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Figure 2: Panoramic photograph showing mineralization from SH26-21.
To view an enhanced version of this graphic, please visit:
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Figure 3: Plan view of the Silver Hill project area showing the location of drilled intercepts (AgEq), intercepts with pending assays (black) and collar locations (transparent black).
To view an enhanced version of this graphic, please visit:
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Figure 4: Long section looking southeast (113°) showing intercept locations colored by AgEq. Black dots indicate intercepts with pending assays. Note: Small colored dots within historic workings are bulk samples taken previously by Tennessee Copper and are colored by AgEq.
To view an enhanced version of this graphic, please visit:
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Joe Cullen, CEO of Metalsource Mining, commented:
"SH26-20 and SH26-21 reinforce something we've suspected for a while. Gold, silver, lead and zinc at Silver Hill aren't randomly distributed. We're beginning to see patterns that can help us vector toward the higher-grade portions of the system. That's a meaningful shift from finding mineralization to understanding it.
Importantly, the mineralized system also appears to be strengthening at depth, with SH26-21 returning a wider mineralized intercept as we continue stepping out down plunge. Our focus now is to aggressively expand the known mineralized footprint and target extensions of the exceptional high-grade mineralization, while our expanded drilling program begins testing entirely new targets beyond the historic mine footprint.
As our geological model sharpens, so does our ability to refine where we drill next. With Silver Hill remaining open along strike and at depth, we're excited about the exploration runway ahead."
What's Next
Multiple Assays Pending: Results remain outstanding from several completed drill holes, providing a continued pipeline of exploration results as drilling advances across Silver Hill.Expanding Along Strike and at Depth: With mineralization remaining open in multiple directions, drilling will continue to systematically test extensions of the known mineralization along strike, down plunge and at depth.Vectoring Toward Higher Grade Mineralization: As drilling, assays, geophysics and structural interpretation continue to refine the geological model, Metalsource will increasingly apply this information to target interpreted extensions of higher-grade portions of the system.Accelerating Exploration: The Company's expanded drilling program is designed to increase exploration capacity, allowing Metalsource to simultaneously expand known mineralization while testing new priority targets across the broader property.Testing New Discovery Targets: Recently completed IP surveys have identified additional priority targets within and beyond the historically mined area. These previously untested targets provide a pipeline of opportunities to evaluate potential extensions and additional mineralized centres across the broader Silver Hill trend.Expanding the Exploration Footprint: Metalsource will continue evaluating strategic land opportunities where geological and geophysical interpretation identifies prospective ground that could complement the Company's evolving district scale exploration strategy.Why This Matters to Investors
SH26-20 and SH26-21 provide another important piece of evidence that the Silver Hill mineralization continues at depth. The two down plunge step outs extend drilling to approximately 335 metres below surface while returning multiple high-grade intervals within broader mineralized horizons of up to 15.3 metres. Importantly, the changing distribution of gold, silver, lead and zinc between holes is providing the Company with additional geological information that may help refine vectors toward high grade zones.
The significance extends beyond these individual assays. Metalsource is now advancing a multi-pronged exploration strategy designed to systematically expand mineralization along strike and at depth, aggressively test extensions of the exceptional high-grade mineralization surrounding SH26-07, and use expanded drilling capacity to evaluate completely new discovery targets beyond the historic mine footprint.
With the known mineralization remaining open and the Company's geological model continuing to evolve, each successive phase of drilling is designed to answer a larger question: how far does Silver Hill extend, where are its highest-grade zones concentrated, and does the broader trend host additional mineralized centres?
Drill Hole IDEasting (m)Northing (m)Elev. (m)AzimuthDipLength (m)StatusSH25-015724083951597224107-63109CompleteSH25-02572408395159722496-85101CompleteSH25-03572410395175123696-46305CompleteSH25-045724103951751236352-89100CompleteSH26-055722803951624262125-73199CompleteSH26-065722803951624262129-51154Assay PendingSH26-07572280395162426274-89200CompleteSH26-085722803951624262297-77231CompleteSH26-09572237395159026289-7015Abandoned SH26-10572237395159026291-76188CompleteSH26-11572237395159026226-83197CompleteSH26-125722373951590262293-84255Assay PendingSH26-135722373951590262145-82215Assay PendingSH26-145722373951590262125-67185Assay PendingSH26-155721683951658261107-79267CompleteSH26-16572168395165826185-76267CompleteSH26-17572168395165826194-61245CompleteSH26-185721683951658261120-70297CompleteSH26-195721683951658261131-76258CompleteSH26-205721683951658261133-80276CompleteSH26-215721683951658261168-86288CompleteSH26-225721683951658261111-86285Assay PendingSH26-23572168395165826171-87288Assay PendingSH26-24572168395165826155-84288Assay PendingSH26-255721683951658261236-49241Assay PendingSH26-265721683951658261156-74276Assay PendingSH26-275721683951658261173-67283Assay PendingTable 2: Drill collar locations and layout azimuth/dip for exploration drilling thus far at the Silver Hill Project. Collar survey in progress and will likely change reported collar elevations. Collar coordinates in WGS84 / UTMZ17N.
Metalsource QA/QC protocols are maintained through the insertion of certified reference material (standards), blanks, and duplicates within the sample stream. The drill core is cut in half with a diamond saw, with one half placed in sealed bags and shipped to the laboratory and the other half retained on site. Chain of custody is maintained from the drill to the submittal into the laboratory preparation facility.
Analytical testing is performed by ALS Geochemistry (Reno, NV) and ALS Canada (Vancouver, BC). The entire sample is crushed to 70% passing 2mm mesh, with a 250 gram split pulverized to 85% passing minus 75 micron. A four-acid digest is performed on 0.25g of sample to quantitatively dissolve most geological materials. Analysis is performed with a combination of ICP-AES and ICP-MS and fire assay.
The exploration results described herein are preliminary in nature and are insufficient to define a mineral resource. Further drilling is required to determine the continuity, geometry, and grade distribution of mineralization. At the time of this release analytical results remain pending.
*Metal values used in AgEq calculations are from the 200-day moving average values from 2/6/2026, and all values are in USD. PAu= $124.5/g, PAg= $1.58/g, PCu= $4.9/lbs, PPb=$0.90/lbs, PZn=$1.11/lbs, 0.00220462262 = grams-to-pounds conversion factor, 22.0462262 = pounds per tonne for 1% metal. Metal recoveries used in the AgEq calculation are Au: 95.5%, Ag: 92.9%, Pb: 89.2%, Zn: 93.8% and Cu 90.8%. These recovery values are derived from batch metallurgical testing used to estimate recoveries of Silver Hill ores, completed in 1988. Individual metal values in the results table are composited values and not factored by recovery. Metal recoveries are applied to their respective component of the AgEq calculation only.
RSU Grant
Further, the Company has granted an aggregate 450,000 restricted share units, valid for a term of five years, to consultants and certain officers of the Company. The restricted share units are issued pursuant to the Company's share compensation plans and are subject to vesting. Of these RSUs, 150,000 will vest over a one-year period and 300,000 will vest over a three month period, in addition to a statutory hold period of four months and one day from issuance.
Qualified Person
All scientific and technical information has been reviewed and approved by Darcy Vis, B.Sc., P.Geo., President of Tripoint Geological Services Ltd., a contractor of the Company, and a Qualified Person as defined under National Instrument ("NI") 43-101 - Standards of Disclosure for Mineral Projects.
Silver Hill Project
Located in the Carolina Terrane, the property is underlain by volcaniclastic and volcano-sedimentary rocks predominantly of Neoproterozoic and Cambrian age. Current interpretations suggest this terrane is an extension of the Avalon Terrane. The property is 1,225 acres located in Davidson County, North Carolina. As the first significant discovery and first silver-producing mine in America, the property is supported by an extensive historic dataset, including drillhole data, underground mapping, historic dumps and underground chip samples. Currently known mineralization extends to 550m from surface, in a steeply trending series of lenses, which remain open in multiple directions.
Byrd-Pilot Mountain Project
The Byrd-Pilot Mountain Project is located in central North Carolina within the Carolina Terrane. Initial USGS surveys in the 1980s identified the area as a potential host for a porphyry gold-copper system. Subsequent exploration demonstrated broad gold mineralization in soils, trenches, and shallow RC drilling, coincident with strong self-potential anomalies. Geology shows intense quartz-sericite-pyrite alteration, high-sulfidation signatures, and high-alumina minerals (like Haile and Brewer deposits to the south), suggesting potential for a large epithermal or porphyry-related gold system. Geologic modelling of currently identified mineralization indicates an east-west trend open in multiple directions, with oxidation noted down to a depth of 30m. No drilling has tested the Meridian discovery zone since those 1980s campaigns, leaving potential for significant resource expansion through work commitments of the agreement.
About Metalsource Mining Inc.
Metalsource Mining Inc. is a U.S.-focused precious and critical metals exploration company advancing the Silver Hill Project in North Carolina, widely recognized as America's first silver mine. A historically producing mining district dating back to 1839, Silver Hill produced silver, gold, lead and zinc during the formative years of the American mining industry and remains one of the most historically significant mining assets in the United States.
The Company is focused on expanding known mineralization, advancing toward a modern resource estimate, and unlocking the broader potential of the Silver Hill district through systematic drilling, geological modeling and modern exploration techniques.
Metalsource Mining
Cautionary Note About Forward-Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310204
Source: Metalsource Mining Inc.
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Westward Gold oznámila v jádrovém vrtu T2601 na SSD interval 12,0 metru s obsahem 8,06 g Au/t uvnitř intervalu 27,0 metru s obsahem 3,72 g Au/t. Firma zároveň zahájila další RC vrtání na Toiyabe Hills v Nevadě, konkrétně T2603.
The first 2026 core hole at SSD confirmed that the observed controls on gold mineralization – as interpreted from recent trenching – are compelling target vectors
T2601 encountered significant zones of hydrothermal alteration coincident with high-grade Carlin-style gold, including pervasive decalcification, clay, breccia, and pyrite
A deep-capacity RC drill rig has arrived at the Property and is currently advancing T2603, one of several planned down-dip tests of these newly-modelled controls on gold mineralization
Vancouver, British Columbia, August 18, 2026 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce assay results for the first core hole completed at the SSD Target (“SSD”), Toiyabe Hills Property, Lander County, NV (“Toiyabe Hills”, or the “Property”). T2601 – drilled to a total depth of approximately 123 metres – was designed to 1) characterize the host rocks, hydrothermal alteration, and structure associated with down-hole gold mineralization at SSD, 2) verify the continuity of these features from their surface expression downward into the third dimension, 3) build upon the data gleaned from nearby trenching to further determine controls on gold mineralization (see Westward press release dated August 4, 2026), 4) apply these controls as a vector for upcoming deeper drilling and a tool for additional near-term SSD target development, and 5) modernize and upgrade previously-unconfirmed legacy data from the near-surface environment at SSD.
Key Takeaways:
T2601 intersected 12.0 metres of 8.06 g Au/t within 27.0 metres of 3.72 g Au/t in micrite and silty limestone of the Wenban Formation, a thick sequence of carbonate rocks that are well-documented gold hosts in the Cortez District.
The higher-grade sub-interval is controlled by a high-angle fault zone and characterized by breccia, decalcification, pervasively shattered rock, clay, and elevated sooty pyrite (see Figures 1, 3 and 4 below). The style and intensity of these alteration features – and their association with pervasively-broken rock – is typical of Carlin-type gold deposits throughout northern Nevada.
Gold mineralization sits in the immediate footwall of the Roberts Mountains Thrust (“RMT”) and an igneous dike, and is focused in the hanging wall of the WNW-striking N-Fault and hanging wall of the G-Fault corridor; the down-dip projection of this gold setting is slated for upcoming reverse-circulation (“RC”) drilling.
The recognition of high-angle structural controls on gold mineralization is a significant development at SSD; legacy interpretations indicated that gold was predominantly stratiform and/or parallel with the RMT.
Figure 1 – T2601: Stratigraphy, Gold Grades, and Detailed Logging
Click Image To View Full Size
Mr. Robert Edie, Vice President Exploration, noted: “We’re very pleased with the results from this first core hole of 2026, primarily because it offers the first evidence that the gold controls we recently observed in the nearby trench still persist as we follow these structures into the sub-surface. Now with the arrival of the first RC rig, our drilling production will ramp up significantly and our target models will be continuously refined as more detailed logging and assay results are incorporated. From the very limited deeper drilling in and around the greater SSD area, we know there is a horizon of flat-lying gold mineralization in zones that range from 9.1 to 50.3 metres thick with gold grades of 0.34 to 3.03 g Au/t; often times this mineralization is strongly oxidized with abundant limonite and hematite. Intersections of high-angle controlling structures with the deeper low-angle structural zone will be the focus of our first RC holes. We’re very excited to learn more about this complex and highly-promising target in the coming months.”
Figure 2 – T2601 Assay Results
Click Image To View Full Size
Note: Gold intervals were calculated based on a 0.14 g Au/t cutoff grade. All gold intervals are presented as drill hole lengths; true thicknesses of mineralization are currently unknown and estimated at 50-70% of reported thicknesses. Refer to QA/QC statement below for additional details.
Figures 3 and 4 below display portions of the PQ-sized core that returned significant gold grades. The gold is hosted in micrite and silty limestone of the Devonian Wenban Formation, and the highest-grade samples are characterized by decalcification, secondary carbon emplacement, elevated sooty pyrite, faulting and clay alteration associated with brecciation. This sheared and brecciated fault zone formed a fluid conduit for Carlin-type gold deposition, with additional dissemination at its margins. The 6.44 g Au/t sample at the beginning of the core box in Figure 3, and the 7.92 g Au/t sample at the end of the core box in Figure 4, contain selvages of silicification – another important alteration type in Carlin-type gold deposits.
Figure 3 – T2601 Select Core Photos (57.3 m – 61.1 m Depth)
Click Image To View Full Size
Figure 4 – T2601 Select Core Photos (64.2 m – 67.4 m Depth)
Click Image To View Full Size
Target Vectors – Upcoming RC Drilling:
RC drilling is now underway at the SSD Target, with T2603 in progress from site SSD26-A to test the margins of the near-vertical Fault-G (see press release dated August 4, 2026, for additional information). Data from T2601 (building upon trenching results and interpretations) have reinforced the significance of Fault-N, with down-dip tests of that structure planned from pads SSD26-J and SSD26-K. Results from core hole T2602 (pending) will further refine the model ahead of these deep vertical RC holes (see Figure 5 below). Strategic step-out drilling – including down-dip and along strike of controlling structures – will enhance the Company’s understanding of the high-grade geometry at SSD enable future drilling to target the highest-grade environments.
Note: Section view looking northwest; 307-degree azimuth, grades included on drill / trench traces only shown if >0.5 g Au/t.
Digital Marketing Services Agreement
The Company has engaged Senergy Communications Capital Inc. ("Senergy") to provide digital marketing services (the "Services") for a period of four months, and Westward has paid Senergy a fee of one hundred thousand Canadian dollars for this engagement period. The Services include content creation, strategic messaging, corporate communications, and other online and social media marketing strategies. The material disseminated will be generated using publicly-available information. For more information regarding Senergy, please visit: www.senergy.capital. Senergy and its affiliates currently hold no shares in Westward Gold Inc. Senergy may, however, purchase or sell Company securities in the open market or through other means based on market conditions and other factors. Senergy is at arm's length to Westward, has no other relationship with the Company and neither Senergy nor its principal, Aleem Fidai, has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed herein. Senergy is located at 1122 Mainland St #228, Vancouver, BC V6B 5L1 and can be contacted at (778) 772-6740 or at [email protected].
Quality Assurance / Quality Control (“QA/QC”)
The Company implemented a best-practices QA/QC program during the drilling of core hole T2601. Drilling consisted of PQ-sized core from the collar to a total depth of 122.7 meters. All sampling was conducted under the supervision of the Company’s Vice President Exploration and/or members of its technical team, and the chain of custody from the Property to the sample preparation facility was continuously monitored. Samples were transported directly from the field to Modern Land and Development in Carlin, NV, where the individual sample intervals were cut in half and bagged for delivery.
Core samples were delivered to ALS Limited’s (“ALS”) preparation facility located in Elko, NV. Samples were dried at 100 degrees Celsius, crushed to 70% passing -2mm, Boyd rotary split off 250g, which was then pulverized to greater than 85% passing 75 microns. The resulting sample pulps were delivered to ALS’ laboratories at either 4977 Energy Way, Reno, NV, 89502 or 2103 Dollarton Hwy, North Vancouver, BC, V7H 0A7 for fire assay and multi-element assays.
Individual core samples for fire assay were selected at intervals ranging from 0.5m to 2.1m. Overall QA/QC frequency was set at a minimum of 15%, including standards, blanks, and three varieties of duplicates. Standards and blanks were sourced from Rocklabs of Aukland, New Zealand. Data verification of the analytical results included a statistical analysis of the standards, blanks and duplicates that must fall within specified ranges for acceptance. All standards, blanks and duplicates were checked and verified and are within these ranges. All core samples were analyzed for gold and 49 additional elements. Assays consisted of fire assay (Au-AA23) for gold on each individual sample. For multi-element geochemistry, composited intervals ranging between 4.9 meters to 7.0 meters were analyzed with four-acid analysis (ME-MS61m).
The significant gold zones are weight-averaged and a cut-off grade of 0.14 g Au/t was employed, however internal dilution may include up to 4.0 metres of material below the cut-off. Drill-hole deviation for T2601 was measured by a gyroscopic down-hole survey completed by IDS of Elko, NV. The survey provides accurate down hole inclination and azimuth of the hole. Obtaining an accurate survey of the drill hole leads to a better contextual understanding of the core samples, and a more robust 3D geological model All gold intervals are presented as drill hole lengths; true thicknesses of mineralization are currently unknown and estimated at 50-70% of reported thicknesses
Qualified Person
The technical information contained in this news release was reviewed and approved by Robert Edie, Vice President Exploration of the Company, who is a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Edie is a Certified Professional Geologist (CPG) through the American Institute of Professional Geologists (AIPG).
About Westward Gold
Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Trend area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.
For further information contact:
Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.
Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.
Buckland Partners Management Co LLC ve 2. čtvrtletí nově nakoupila 15 000 akcií společnosti Howmet Aerospace za zhruba 4,033 milionu USD. Akcie tvoří 2,0 % jejích držeb a jde o její 14. největší pozici.
Buckland Partners Management Co LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $4,033,000. Howmet Aerospace makes up 2.0% of Buckland Partners Management Co LLC’s holdings, making the stock its 14th biggest holding.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC raised its position in shares of Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after acquiring an additional 38 shares during the last quarter. UMB Bank n.a. increased its position in Howmet Aerospace by 2.6% in the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after purchasing an additional 41 shares during the period. Tudor Financial Inc. increased its position in Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after purchasing an additional 42 shares during the period. Physician Wealth Advisors Inc. raised its holdings in Howmet Aerospace by 2.5% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock worth $399,000 after purchasing an additional 42 shares during the last quarter. Finally, Roman Butler Fullerton & Co. raised its holdings in Howmet Aerospace by 0.4% during the 1st quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock worth $2,634,000 after purchasing an additional 42 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.
Howmet Aerospace Trading Up 0.1% Shares of NYSE HWM opened at $289.37 on Tuesday. The company’s fifty day moving average is $276.89 and its 200-day moving average is $256.96. The stock has a market cap of $115.78 billion, a price-to-earnings ratio of 62.36, a P/E/G ratio of 2.07 and a beta of 1.20. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 EPS. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Equities research analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year. Howmet Aerospace Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.
Analysts Set New Price Targets Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. UBS Group boosted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings lowered shares of Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. Susquehanna raised their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $315.67.
Check Out Our Latest Research Report on HWM
Howmet Aerospace Company Profile (Free Report)
Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.
Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.
Featured Articles Five stocks we like better than Howmet Aerospace Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWM – Free Report).
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Capital Financial Group Inc. Co. ADV ve 2. čtvrtletí koupila novou pozici v Iron Mountain Incorporated. Firma koupila 15 979 akcií za zhruba 2,018 milionu USD. Iron Mountain zároveň oznámila EPS 0,60 USD, nad odhadem 0,54 USD, a tržby 2,03 miliardy USD.
Capital Financial Group Inc. Co. ADV bought a new position in Iron Mountain Incorporated (NYSE:IRM – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,979 shares of the financial services provider’s stock, valued at approximately $2,018,000. Iron Mountain accounts for approximately 1.1% of Capital Financial Group Inc. Co. ADV’s holdings, making the stock its 19th biggest position.
Several other institutional investors have also made changes to their positions in IRM. Bell Investment Advisors Inc acquired a new stake in shares of Iron Mountain during the second quarter valued at approximately $26,000. Elevation Wealth Partners LLC boosted its stake in Iron Mountain by 444.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 283 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 231 shares during the period. Dynamic Wealth Strategies LLC acquired a new position in Iron Mountain in the 1st quarter worth approximately $31,000. Garton & Associates Financial Advisors LLC purchased a new position in Iron Mountain during the 4th quarter worth approximately $25,000. Finally, Johnson Financial Group Inc. acquired a new stake in Iron Mountain during the 3rd quarter valued at $32,000. 80.13% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of research firms have recently issued reports on IRM. Wells Fargo & Company increased their target price on Iron Mountain from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their price target on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Zacks Research raised Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Barclays raised their price objective on Iron Mountain from $127.00 to $143.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Truist Financial set a $140.00 target price on Iron Mountain in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $135.17.
Check Out Our Latest Report on IRM Iron Mountain Stock Up 0.3% Iron Mountain stock opened at $129.80 on Tuesday. Iron Mountain Incorporated has a 12 month low of $77.77 and a 12 month high of $134.68. The company’s fifty day simple moving average is $124.68 and its 200-day simple moving average is $116.38. The stock has a market cap of $38.64 billion, a P/E ratio of 92.71 and a beta of 1.20.
Iron Mountain (NYSE:IRM – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. Iron Mountain had a negative return on equity of 85.44% and a net margin of 5.54%.The firm had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $1.97 billion. During the same quarter last year, the firm earned $1.24 earnings per share. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. Iron Mountain has set its Q3 2026 guidance at 1.470-1.470 EPS and its FY 2026 guidance at 5.870-5.930 EPS. On average, equities research analysts expect that Iron Mountain Incorporated will post 5.42 earnings per share for the current fiscal year.
Iron Mountain Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.864 per share. This represents a $3.46 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 15th. Iron Mountain’s payout ratio is currently 247.14%.
Insider Transactions at Iron Mountain In related news, Director Walter C. Rakowich sold 757 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $124.45, for a total transaction of $94,208.65. Following the transaction, the director owned 1,135 shares of the company’s stock, valued at approximately $141,250.75. This trade represents a 40.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO William L. Meaney sold 38,474 shares of Iron Mountain stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $121.67, for a total transaction of $4,681,131.58. Following the completion of the sale, the chief executive officer owned 38,474 shares of the company’s stock, valued at $4,681,131.58. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 135,368 shares of company stock valued at $16,807,080 in the last quarter. Corporate insiders own 1.70% of the company’s stock.
Iron Mountain Profile (Free Report)
Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.
Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.
See Also Five stocks we like better than Iron Mountain Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS
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Jack Henry & Associates zveřejní výsledky za 4. čtvrtletí po uzavření trhu v úterý 18. srpna. Analytici čekají EPS 1,44 USD a tržby 631,44 milionu USD; akcie v pondělí klesly o 2,2 % na 149,87 USD.
Jack Henry & Associates, Inc. (NASDAQ:JKHY) will release its fourth quarter earnings report after the closing bell on Tuesday, Aug. 18.
Analysts expect the Monett, Missouri-based company to report quarterly earnings of $1.44 per share, down from $1.56 per share in the year-ago period. The consensus estimate for Jack Henry’s quarterly revenue is $631.44 million. It reported $615.37 million last year, according to Benzinga Pro.
On Aug. 11, Jack Henry & Associates reported fourth-quarter deconversion revenue of $9.3 million.
Shares of Jack Henry fell 2.2% to close at $149.87 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Stephens & Co. analyst Brett Huff reinstated an Overweight rating with a price target of $200 on Aug. 11, 2026. This analyst has an accuracy rate of 63%. RBC Capital analyst Daniel R. Perlin maintained an Outperform rating and cut the price target from $180 to $173 on June 18, 2026. This analyst has an accuracy rate of 54%. DA Davidson analyst Peter Heckmann maintained a Buy rating with a price target of $198 on May 13, 2026. This analyst has an accuracy rate of 68%. Goldman Sachs analyst Will Nance maintained a Neutral rating and cut the price target from $181 to $160 on May 7, 2026. This analyst has an accuracy rate of 59%. Loop Capital analyst Dominick Gabriele initiated coverage on the stock with a Buy rating and a price target of $197 on March 31, 2026. This analyst has an accuracy rate of 63%. Latest Private Market Opportunities
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CEO Doximity Jeffrey Tangney prodal 8 505 akcií kvůli srážce na daně po uvolnění akcií z vestingu odměn, ne kvůli pohledu na cenu akcie. I po transakci drží přímo 2 531 955 akcií.
Jeffrey Tangney, the chief executive officer of Doximity, Inc. (DOCS -1.13%), reported the disposition of 8,505 shares of Class A Common Stock on August 15, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$211,000Shares sold8,505Post-transaction shares (directly held)2,531,955Post-transaction value$62.79 millionTransaction value based on SEC Form 4 weighted average sale price ($24.80).
Key questionsWhat was the impetus for this transaction?
The disposition was a non-discretionary event executed to satisfy tax withholding requirements upon the vesting of previously granted equity awards and does not reflect a market-based assessment of the stock by the executive.How significant is the CEO's remaining stake in the company?
Tangney continues to hold 2,531,955 shares directly, which represents a 1% ownership interest in the company and underscores significant alignment with long-term shareholders.Did this transaction materially impact the executive's total ownership?
The withholding of 8,505 shares resulted in a marginal 0.3% reduction in direct holdings, leaving the core equity position effectively intact following the underlying vesting event.Company OverviewMetricValueShare Price (as of market close 2026-08-14)$24.80Market Capitalization$4.6 billionRevenue (TTM)$655.6 millionNet Income (TTM)$167.0 millionCompany SnapshotDoximity operates a cloud-hosted digital platform that provides healthcare practitioners with specialized tools for peer connectivity, patient care coordination, remote consultations, medical research access, and professional development.The company generates revenue through subscription-based services and licensing arrangements with pharmaceutical companies and healthcare organizations that utilize the platform to engage with medical professionals.The primary customer base consists of pharmaceutical companies seeking to reach physicians and healthcare organizations seeking to optimize clinical workflows and practitioner engagement across the United States healthcare system.Doximity is a leading digital health platform serving the U.S. healthcare practitioner community with approximately 880 employees and a market capitalization of $4.6 billion. The company has achieved substantial profitability with TTM net income of $167.0 million on revenue of $655.6 million, demonstrating strong unit economics and operational efficiency. Doximity's competitive advantage derives from its comprehensive practitioner network, integrated suite of clinical and professional tools, and established relationships with pharmaceutical and healthcare organization customers.
What this transaction means for investorsTangney co-founded Doximity and has been running it for over 15 years, which makes him the insider whose filings matter the most, but this one tells you close to nothing. The shares went to taxes on vested stock; three other insiders had the same thing happen on the same day, and he still holds more than 2.5 million shares directly.
The business underneath is in a stranger spot than the quarter suggests. Revenue rose 7% to $156.6 million, and management raised the full-year range in the August 6 release, but the September quarter is guided to $170 million to $171 million, roughly 1% growth at the midpoint against last year's 23% comparison. Gross margin slipped to 87.5% from 91.2% as AI compute costs climbed, adjusted EBITDA fell 6%, and net income landed at $24.3 million against $53.3 million a year ago, which is a hard fall for a quarter the company is calling a beat. Tangney told analysts that "this is our AI investment year." The pressure point, meanwhile, is sequencing. Most of the AI search revenue already under contract isn't recognized until the fiscal third quarter, so the spending shows up well before the payoff does. And for now, the stock is under immense pressure, cratering over 60% this past year alone.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Doximity. The Motley Fool has a disclosure policy.
CFO společnosti Doximity Matthew Sonefeldt nahlásil neprodejní převod 15 311 akcií kvůli daním z vestingu akciové odměny. Po transakci drží přímo 486 238 akcií.
Matthew Sonefeldt, the chief financial officer of Doximity, Inc. (DOCS -1.13%), reported a non-discretionary disposition of 15,311 shares of Class A Common Stock on August 15, according to an SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)15,311Transaction value$380,000Post-transaction shares (directly held)486,238Post-transaction value$12.1 millionTransaction value based on SEC Form 4 weighted average sale price ($24.80).
Key questionsDoes this transaction reflect a shift in the executive's outlook on the firm?
The disposition was a non-discretionary event triggered by tax liabilities linked to equity compensation vesting. Because the shares were withheld by the company to cover these obligations rather than sold in an open-market discretionary trade, the move does not provide a signal regarding the CFO's view on the stock's valuation.What is the scale of the remaining incentive alignment?
Sonefeldt maintains a significant equity interest in the company, holding 486,238 shares directly. This position represents a substantial capital commitment of $12.1 million based on the market close price of $24.80 on August 14.What are the core fundamentals of the business at the time of this filing?
The company operates a digital platform for healthcare practitioners, generating trailing 12-month revenue of $655.6 million and net income of $167.0 million. Its primary client base includes pharmaceutical companies and healthcare organizations that utilize the platform for peer networking and remote consultations.Company OverviewMetricValueShare Price (as of market close 2026-08-14)$24.80Market Capitalization$4.6 billionRevenue (TTM)$655.6 millionNet Income (TTM)$167.0 millionCompany SnapshotDoximity operates a cloud-hosted digital platform that provides healthcare practitioners with specialized tools for peer connectivity, patient care coordination, remote consultations, medical research access, and professional development.The company generates revenue through subscription-based services and licensing arrangements with pharmaceutical companies and healthcare organizations that utilize the platform to engage with medical professionals.The primary customer base consists of pharmaceutical companies seeking to reach physicians and healthcare organizations seeking to optimize clinical workflows and practitioner engagement across the United States healthcare system.Doximity is a leading digital health platform serving the U.S. healthcare practitioner community with approximately 880 employees and a market capitalization of $4.6 billion. The company has achieved substantial profitability with TTM net income of $167.0 million on revenue of $655.6 million, demonstrating strong unit economics and operational efficiency. Doximity's competitive advantage derives from its comprehensive practitioner network, integrated suite of clinical and professional tools, and established relationships with pharmaceutical and healthcare organization customers.
What this transaction means for investorsSonefeldt has been Doximity's CFO for roughly one quarter as of lastweek, which makes this the first tranche of a new hire's equity vesting and the tax bill that comes with it. Three other insiders had the same thing happen the same day, so the filing itself isn't what's worth lingering on.
The more useful thing about Sonefeldt is what he keeps talking about. On the August 6 call he returned again and again to LinkedIn, where he worked before, and to how its ad business only got enormous after buying shifted to auctions over many years. He was careful to say Doximity isn't unveiling that this year. Instead, this year is a lot less tidy for Doximity. Revenue rose 7% to $156.6 million, but the September quarter is guided to $170 million to $171 million, roughly 1% growth at the midpoint. Sonefeldt said on the same call that "the overall pharma spending environment remains tight," which sits awkwardly next to a raised full-year outlook. AI compute costs pulled gross margin to 87.5% from 91.2%, and adjusted EBITDA slipped 6% to $74.8 million while the company spent $91.6 million buying back stock. His own explanation for the weak growth is timing. The fiscal third quarter, when the AI search revenue lands, as the firm noted on the earnings call, is where that gets tested.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Doximity. The Motley Fool has a disclosure policy.
Prezident Doximity Steven L. Zatz prodal 4 482 akcií Class A Common Stock za 111 154 USD v rámci rutinního sell-to-cover kvůli daňovým srážkám po vestingu RSU. Po transakci drží 51 864 akcií.
Steven L. Zatz, the president of Doximity, Inc. (DOCS -1.13%), disposed of 4,482 shares of Class A Common Stock on August 15, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$111,154Shares sold (direct)4,482Post-transaction shares (directly held)51,864Post-transaction value$1.29 millionTransaction value based on SEC Form 4 weighted average sale price ($24.80).
Key questionsWhat was the specific mechanism for this share disposal?
The disposition was a non-discretionary sell-to-cover transaction to satisfy tax withholding requirements upon the vesting of restricted stock units, a routine procedure for executive equity compensation.How does this impact the insider's total equity position?
Following the disposal of 4,482 shares, Zatz maintains direct ownership of 51,864 shares of Class A Common Stock.What is the company's current financial profile and valuation?
As of the August 14 market close, Doximity has a market capitalization of $4.6 billion, supported by trailing 12-month revenue of $655.6 million and net income of $167.0 million.What was the market value of the remaining position at the time of the trade?
Based on the August 14 market close of $24.80, the president's remaining 51,864 directly held shares represent a market value of $1.29 million.Company OverviewMetricValueShare Price (as of market close 2026-08-14)$24.80Market Capitalization$4.6 billionRevenue (TTM)$655.6 millionNet Income (TTM)$167.0 millionCompany SnapshotDoximity operates a cloud-hosted digital platform that provides healthcare practitioners with specialized tools for peer connectivity, patient care coordination, remote consultations, access to medical research, and professional development.The company generates revenue through subscription-based services and licensing arrangements with pharmaceutical companies and healthcare organizations that utilize the platform to engage with medical professionals.The primary customer base consists of pharmaceutical companies seeking to reach physicians and healthcare organizations seeking to optimize clinical workflows and practitioner engagement across the United States healthcare system.Doximity is a leading digital health platform serving the U.S. healthcare practitioner community with approximately 880 employees and a market capitalization of $4.6 billion. The company has achieved substantial profitability with TTM net income of $167.0 million on revenue of $655.6 million, demonstrating strong unit economics and operational efficiency. Doximity's competitive advantage derives from its comprehensive practitioner network, integrated suite of clinical and professional tools, and established relationships with pharmaceutical and healthcare organization customers.
What this transaction means for investorsZatz runs the operating side of a company in the middle of rewiring what it sells. He holds 51,864 shares outright, roughly $1.3 million, and the withholding here barely dented it, but his real exposure is the 150,000 options Doximity granted him on July 22 at a $20.49 strike, which don't start vesting until July 2027. They're not noted in this insider filing, but a separate one late last month when the grant happened. That's important because he effectively only gets paid if the stock climbs from there.
The timing is prescient given Doximity's recent results. Revenue grew 7% to $156.6 million in the June quarter and management raised the full-year range, but AI compute costs pulled gross margin down to 87.5% from 91.2%, and adjusted EBITDA fell 6% to $74.8 million. CFO Matt Sonefeldt told analysts on August 6 that "higher-than-expected AI usage creates a good problem for Doximity." Higher-than-expected usage with the contracted AI search revenue not recognized until the third quarter is indeed a good problem, but it'll be important to see whether and how much margins improve once that revenue starts coming in.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Doximity. The Motley Fool has a disclosure policy.
Canadian Solar oznámila, že americký patentový spor s Maxeon byl ukončen v její prospěch. Žaloba byla zamítnuta s konečnou platností a soud zrušil příslušnou část rozhodnutí PTAB.
, /PRNewswire/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company" or "Canadian Solar") today announced that the remaining U.S. proceeding related to patent allegations brought by Maxeon Solar Pte. Ltd. ("Maxeon") against Canadian Solar has been resolved in Canadian Solar's favor. Maxeon's patent infringement suit in the Federal District Court has now been dismissed with prejudice. Further, the U.S. Court of Appeals for the Federal Circuit vacated the relevant portion of the Patent Trial and Appeal Board ("PTAB") decision relating to Maxeon's remaining claim.
The proceedings stemmed from a March 2024 patent infringement lawsuit filed by Maxeon concerning three patents related to TOPCon solar cell technology. In Final Written Decisions issued in January 2026, the PTAB ruled in Canadian Solar's favor, finding all Maxeon patent claims asserted against the Company in the federal court litigation invalid. Canadian Solar welcomes the dismissal of the lawsuit and the final resolution of these patent claims. The ruling provides important clarity and reinforces Canadian Solar's claims of non-infringement.
Colin Parkin, Chief Executive Officer of Canadian Solar Inc., said, "We are very pleased with the resolution of these proceedings, which affirms Canadian Solar's continued ability to compete through technology and manufacturing leadership. As one of the world's largest renewable energy companies, Canadian Solar has built a global manufacturing platform and a deep intellectual property portfolio by advancing high-performance solar and energy storage solutions for our global customer base. We respect intellectual property rights and will continue to defend our technology, support our customers, and bring leading innovations to market."
About Canadian Solar Inc.
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a $3.5 billion contracted backlog as of May 8, 2026. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12.2 GWp of solar power projects and 6.4 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release, including those regarding the Company's expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "may", "will", "expect", "anticipate", "future", "ongoing", "continue", "intend", "plan", "potential", "prospect", "guidance", "believe", "estimate", "is/are likely to" or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Investor Relations Contact
Wina Huang
Investor Relations
Canadian Solar Inc.
[email protected]
LivePerson vyzývá akcionáře, aby dnes hlasovali pro navrhovanou transakci se SoundHound AI, Inc. Nehlasování má stejný účinek jako hlas proti fúzi. Hlasování končí ve středu 19. srpna 2026 ve 23:59 ET.
Voting Closes Tomorrow, Wednesday, August 19, 2026, at 11:59 p.m. ET
Failing to Vote Has the Exact Same Effect as Voting "AGAINST" the Merger
, /PRNewswire/ -- LivePerson (NASDAQ: LPSN) ("LivePerson" or "the Company"), a leading provider of predictable conversational AI, today reminds all stockholders to vote "FOR" the Company's proposed transaction with SoundHound AI, Inc. (NASDAQ: SOUN).
Please vote today by proxy card, online or by phone. More information at VoteLivePerson.com
The Special Meeting of Stockholders will take place this Thursday, August 20, 2026, at 10:00 a.m. Eastern Time. However, to ensure your shares are represented, you must submit your proxy vote by 11:59 p.m. Eastern Time TOMORROW, Wednesday, August 19, 2026. (TASE stockholders: Completed proxy cards and ownership certificates must be delivered to Israeli counsel by 7:00 p.m. Israel time tomorrow, Wednesday, August 19).
Why You Must Act Immediately:
A Share Not Voted is a Vote "AGAINST": Because transaction approval requires the affirmative vote of a majority of all outstanding shares (not just those cast), if you do not vote, it has the exact same effect as voting "AGAINST" the transaction. Inaction will block the merger and put your investment at risk. ISS and Glass Lewis Unanimously Recommend "FOR" vote: Both leading independent proxy advisory firms have strongly endorsed this transaction as a viable path to maximize stockholder value and avoid standalone insolvency risks. Critical Standalone Risks: If the transaction fails, stockholders are exposed to the risks of continued slowing or degradation of LivePerson's business given commercial headwinds from the Company's standalone financial profile, a potential delisting from the Nasdaq, and potential inability to service or repay LivePerson's substantial debt and/or comply with debt-related financial covenants, which could eventually lead to reorganization, in which stockholders would in all likelihood receive no value for their shares. Noteholder Concessions Deliver Premium Value: LivePerson's outstanding debt currently exceeds the total value of the transaction. As part of the transaction, our secured noteholders have agreed to exchange their notes at a value reflecting a substantial discount to the notes' approximately $350 million par value. As a result of these concessions, most LivePerson stockholders will receive shares of SoundHound stock valued at approximately $3.33 per share as of the April 21, 2026, announcement, representing an attractive 22% premium over our 30-day volume-weighted average trading price before such announcement. Stockholders holding shares on the Tel Aviv Stock Exchange will receive a substantially equivalent value in cash. VOTE TODAY
Vote today by proxy card, online or by phone. For more information and additional materials visit VoteLivePerson.com, or contact LivePerson's proxy solicitor, MacKenzie Partners, Inc., toll-free at (800) 322-2885 or by e-mail at [email protected].
LivePerson stockholders who hold shares listed on the Tel Aviv Stock Exchange (TASE) and intend to vote their shares must deliver to LivePerson's Israeli counsel, Arnon, Tadmor-Levy, c/o Moshe Pasker, Azrieli Center (Square Tower), Tel Aviv, Israel, 6702101 (email: [email protected]), an ownership certificate confirming their ownership on July 6, 2026. The form of proxy card for stockholders who hold shares listed on the TASE can be found here: https://mayafiles.tase.co.il/rpdf/1759001-1760000/P1759388-00.pdf.
About LivePerson
LivePerson (NASDAQ: LPSN) is an enterprise leader in predictable conversational AI. The world's leading brands use our award-winning Conversational Cloud and Syntrix platforms to connect with millions of customers. We power nearly a billion messages every month, providing uniquely rich data analytics, agent training, and AI evaluation tools to unlock the power of conversational AI for better business outcomes. Learn more at liveperson.com.
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Forward-Looking Statements
This document contains "forward-looking statements" within the meaning of the U.S. federal securities laws about the expectations, beliefs, plans, intentions, prospects, financial results and strategies relating to SoundHound AI's proposed acquisition of LivePerson. Such forward-looking statements include, among others, statements regarding the timing of filing the definitive proxy/prospectus and timing of LivePerson's special meeting, obtaining regulatory approvals, the timing of closing of the proposed acquisition, and the parties' expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts. Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including: (1) the occurrence of any event, change, or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between LivePerson and SoundHound; (2) the possibility that the transaction does not close when expected or at all due to the failure to satisfy all of the conditions to closing on a timely basis or at all, including the failure to obtain the required shareholder approvals or to consummate the notes restructuring transactions contemplated by the Notes Restructuring Agreement; (3) the risk that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, trade policy (including tariff levels), laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which LivePerson and SoundHound operate; (4) any failure to promptly and effectively integrate the businesses of LivePerson and SoundHound; (5) the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (6) reputational risk and potential adverse reactions of LivePerson's or SoundHound's customers, employees or other business partners, including those resulting from the announcement, pendency or completion of the transaction; (7) the diversion of management's attention and time to the transaction from ongoing business operations and opportunities; and (8) the outcome of any legal proceedings that may be instituted against LivePerson or SoundHound or in connection with the transaction. Further information on factors that could affect the forward-looking statements and expectations above are contained in the filings that LivePerson and/or SoundHound AI have filed, or that will be filed, with the U.S. Securities and Exchange Commission (the "SEC"), including as set forth in the Form S-4 and the proxy statement/prospectus contained therein, as well as the documents incorporated by reference therein.
All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made, and LivePerson does not undertake or assume any obligation to update publicly any of these statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting forward-looking statements, except to the extent required by applicable law.
No Offer or Solicitation
This communication is not intended to be, and shall not constitute, an offer to sell, buy or exchange or the solicitation of an offer to sell, buy or exchange any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
Additional Information and Where to Find It
In connection with the proposed transaction, SoundHound AI has filed with the U.S. Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 (the "Form S-4") that includes a definitive proxy statement of LivePerson and that constitutes a prospectus of SoundHound AI with respect to the shares of the SoundHound AI common stock to be issued in the proposed transaction, dated July 9, 2026 (the "proxy statement/prospectus"). The proxy statement/prospectus was filed with the SEC on July 9, 2026 by LivePerson, and the mailing of the proxy statement/prospectus began to LivePerson's stockholders on or about the same date. Each of SoundHound AI and LivePerson may also file other relevant documents with the SEC regarding the proposed transaction.
This communication is not a substitute for the Form S-4, the proxy statement/prospectus or any other document that SoundHound AI or LivePerson has filed, or may file, with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF SOUNDHOUND AI AND LIVEPERSON ARE URGED TO READ THE FORM S-4, THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain copies of these documents (if and when available), as well as other filings containing information about SoundHound AI and LivePerson, free of charge on the SEC's website at www.sec.gov. Copies of the documents filed with, or furnished to, the SEC by the Company will be available free of charge on SoundHound AI's website at https://investors.soundhound.com/financial-information/sec-filings. Copies of the documents filed with, or furnished to, the SEC by LivePerson will be available free of charge on LivePerson's website at https://ir.liveperson.com/financial-information/sec-filings. The information included on, or accessible through, SoundHound AI's or LivePerson's website is not incorporated by reference into this communication.
Participants in the Solicitation
SoundHound, LivePerson and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies with respect to the proposed transaction under the rules of the SEC. Information about the directors and executive officers of SoundHound, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in SoundHound's definitive proxy statement for its 2026 annual meeting of stockholders under the heading "Proposal 1 – Election of Directors", which was filed with the SEC on April 9, 2026 and is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001840856/000121390026041978/ea0285618-01.htm. Information about the directors and executive officers of LivePerson and their ownership of LivePerson equity interests can be found in the section entitled "Interests of LivePerson Directors and Executive Officers in the Mergers" and "Owners and Management of LivePerson" included in the proxy/prospectus, which was filed with the SEC on July 9, 2026 and is available at https://www.sec.gov/Archives/edgar/data/1102993/000121390026076759/ea0297465-01.htm. Further information about the directors and executive officers of LivePerson may be found in its amendment to its Annual Report on Form 10-K for the year ended December 31, 2025 under the headings "Directors, Executive Officers and Corporate Governance," "Executive Compensation," "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters" and is available at: https://www.sec.gov/ix?doc=/Archives/edgar/data/0001102993/000110299326000020/lpsn-20251231.htm; in the Form 3 and Form 4 statements of beneficial ownership and statements of changes in beneficial ownership filed with the SEC by LivePerson's directors and executive officers; and is in other documents filed by LivePerson with the SEC. Additional information regarding the interests of the participants in the solicitation of proxies will be included in other relevant materials to be filed with the SEC if and when they become available. You should read the Form S-4 and the proxy statement/prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents using the sources indicated above.
U.S. Space Force přidělila kontrakt NITE-STAR za 981 milionů USD více než desítce vesmírných firem včetně Rocket Lab, Redwire a Boeing. Zakázka běží 10 let a sama o sobě podle článku nestačí k obratu v sektoru.
"Led" (in a bad way) by Space Exploration Technologies (SPCX +4.45%), the space titan built by Elon Musk and IPOed on June 12, shares of space stocks of all stripes have taken a beating over the past couple of months.
Take Rocket Lab (RKLB +2.28%) for example. The space company, often described as a mini-SpaceX, surged from below $5 in May 2024 to more than $140 in May 2026 -- a thirtyfold rise in just two years. Then it plunged more than 50% after the SpaceX IPO.
Or consider AST SpaceMobile (ASTS +0.23%), the satellite communications pioneer that proved the concept of cell phone-to-cell phone communications via satellite, with no towers in between. That one rose nearly twelvefold over the same two-year period -- then gave back 20% in the month following SpaceX's titanic IPO.
More targeted space plays such as Redwire Corporation (RDW -1.25%), which builds space infrastructure, and Intuitive Machines (LUNR +7.21%), focused on delivering cargo to the moon, gained fourfold in two years and nearly eightfold, respectively, before falling each falling roughly 70% in a month.
Can they bounce back?
Image source: Getty Images.
SpaceX leads; others follow Even SpaceX hasn't gone unscathed. After a first few frenzied days of trading that lifted Elon Musk's space empire past $211 a share, sellers arrived in force at SpaceX, driving the shares down nearly into the double digits.
The good news is that SpaceX appears to have found its footing again, closing at $140 Friday and once again above its IPO price. The better news is that many other space stocks are recovering, at least somewhat, alongside the leader.
The best news of all is that, with the U.S. government continuing to pour money into space exploration, there's reason to believe the momentum is sustainable.
NITE-STAR gazing Case in point: Late last month, the U.S. Space Force announced a $981 million award to be shared among more than a dozen separate space stocks working on the "National Space Test and Training Complex Innovative Technology and Engineering Space Test and Range Capability Development" -- dubbed "NITE-STAR."
(Someone clearly worked overtime trying to make those words fit that acronym.)
Space Force named the following 15 space companies -- 13 of which are publicly traded -- as winners of NITE-STAR, clearing them to bid on future task orders under the umbrella contract, which will span 10 years:
Amentum Holdings (AMTM -4.84%) BAE Systems (BAESY -1.37%) Boeing (BA -2.47%) CACI (CACI -3.16%) Firefly Aerospace (FLY +1.91%) L3Harris Technologies (LHX -4.61%) Lockheed Martin (LMT -2.45%) Northrop Grumman (NOC -2.67%) Pacific Crest Alliance Parsons Corporation (PSN -4.47%) Redwire Rocket Lab Sierra Space Corp. Viasat (VSAT -1.76%) York Space Systems (YSS -2.47%) It's not entirely clear what NITE-STAR will entail. The Space Force itself might not be 100% certain, describing the contract's goal vaguely as "advancement of the sophisticated systems and technologies required to keep [Space Force servicemen known as] Guardians ahead of the complexities of a contested space domain."
More importantly for investors, it's less than 100% certain anyone on the above list will book significant, needle-moving wins -- even on this nearly $1 billion contract.
What it means for space investors Consider that $981 million, spread over 10 years, works out to just $98.1 million per year. And if contracts are evenly distributed, each of the 15 companies might, on average, expect to book as little as $6.5 million per year under the contract.
It goes without saying that $6.5 million won't move the needle for giant space companies such as Boeing, Lockheed, Northrop, or L3Harris. Smaller space-fry such as Firefly, Redwire, or York Space might notice the revenue influx more. But even at York, $6.5 million extra per year will only add about 1.5% to the company's $405 million-a-year revenue stream.
In short, big as this contract appears on the surface, it's not -- in and of itself -- going to be enough to turn things around and start a new bull market in space stocks. Many more contracts, and many much larger contracts, will be needed for that.
Meanwhile, a survey of 15 of the biggest space stocks that I follow shows an average price-to-sales ratio of 65.4. (Even throwing out triple-digit P/S outliers such as AST and Virgin Galactic (SPCE -5.72%) only brings the average P/S down to 19.8.) Valuations remain extreme in this sector.
Investors should be wary. Even after some pretty historic declines, space stocks as a whole aren't yet cheap enough to guarantee a bounce-back.
Rich Smith has positions in Intuitive Machines and Rocket Lab. The Motley Fool has positions in and recommends AST SpaceMobile, Amentum, Boeing, Firefly Aerospace, Intuitive Machines, L3Harris Technologies, Rocket Lab, and York Space Systems. The Motley Fool recommends BAE Systems and Lockheed Martin. The Motley Fool has a disclosure policy.
