TL;DRThe fastest practical way to move USDC to Polygon is a route that settles in native USDC through Circle's CCTP, so what lands is the real Circle-issued token, not a wrapped placeholder.
Across routes USDC through CCTP automatically when that's the optimal path. No extra steps from you.
CCTP burns USDC on the source chain and mints native USDC on Polygon after Circle's attestation. No pooled liquidity to drain, and free at the protocol level.
Polygon (chain ID 137) is a supported destination on Across, and you can send USDC to Polygon from any supported chain.
Across has run billions in volume with a clean security record since 2021.
Bridge USDC to Polygon
Moving USDC to Polygon has a fast answer and a slow answer. The difference is what token shows up at the other end. Send it through a route that settles in native USDC and the Circle-issued token lands on Polygon ready to use in Aave, QuickSwap, or a Polymarket position. Send it through a route that wraps and you receive an IOU. Some chains and apps treat that as a second-class asset you then have to unwrap or swap.
Across takes the first path. When you bridge USDC to Polygon, Across routes the transfer through Circle's Cross-Chain Transfer Protocol whenever that's the optimal path, and native USDC is what arrives.
Native USDC Settles Through CCTP, Not a Wrapped IOUCCTP works by burning and minting. Your USDC is burned on the source chain, Circle issues an attestation that the burn happened, and an equivalent amount of native USDC is minted on Polygon. What you receive is canonical USDC issued by Circle, the same contract every major Polygon app already trusts. No pooled balance sits in a bridge contract waiting to be exploited, and the mechanism is free at the protocol level.
That matters more than it sounds. A wrapped bridge token is a claim against a pool. Drain the pool and the claim is worth nothing, and you find out at the worst possible moment. Native USDC carries no such dependency. It is the asset itself, minted fresh on the destination.
You don't pick the rail. The Swap API selects the optimal settlement pathway for the size and route you're moving, and for USDC into Polygon that's frequently CCTP. CCTP V2 Fast Transfer can mint ahead of source-chain finality for a small fee, which is how a large USDC transfer lands without the usual finality wait.
Bridging USDC to Polygon Takes Three StepsThe route is short because the protocol does the routing for you.
Open the Across bridge and connect your wallet on the chain your USDC is on today, whether that's Ethereum, Arbitrum, Base, Optimism, or another supported origin.
Select USDC as the token, set Polygon (chain ID 137) as the destination, and enter the amount. Across quotes the fee and the expected settlement path before you sign.
Approve and confirm. Across handles the rest, fronting funds on Polygon and reconciling in the background, so native USDC arrives in seconds rather than minutes.
You'll want a small amount of POL, the native gas token of Polygon, to transact once your USDC arrives. Bridging the USDC itself doesn't require holding POL first.
The USDC Lands in Seconds Because Across Runs on IntentsYou declare the outcome you want, native USDC on Polygon. A relayer advances the funds on the destination almost immediately, then gets reimbursed through a background settlement secured by UMA's Optimistic Oracle. On mainnet that produces fills in about two seconds. The CCTP burn-and-mint and the relayer fill work together. You get destination liquidity fast, and the canonical-USDC accounting settles underneath.
Across is built by Risk Labs, the foundation behind UMA, and is deployed across 20+ chains. It has processed billions in volume since 2021 with no protocol-level exploit.
USDC Is the Asset Polygon Runs OnUSDC is the dominant stablecoin on Polygon, and that's the practical reason native settlement matters here. The apps you're bridging into are denominated in and quote against native USDC: Aave, QuickSwap, Uniswap, Polymarket. Land wrapped and you add a conversion step before you can do anything. Land native and you're already in the asset the destination expects.
Polygon also connects to AggLayer, its cross-chain settlement layer, so native USDC on Polygon isn't a dead end. It's a starting position.
Move USDC to Polygon through Across and the token that shows up isn't a placeholder you have to translate. It's the same USDC the chain already runs on, minted on arrival, usable the second it lands.
Brixmor Property Group remains a buy for durable income and steady growth, supported by strong tenant demand and leasing momentum. BRX delivers strong same-property NOI growth, driven by rent growth and robust leasing spreads, with a 27% blended cash rent spread. The $67M signed-not-open pipeline and $78M in redevelopment projects, with attractive incremental returns, underpin continued NOI and FFO expansion.
In brief Nano Banana 2 Lite (gemini-3.1-flash-lite-image) generates images in four seconds at roughly $0.034 per image. This means it produces results at about half the cost of Nano Banana 2 at the same resolution and 2.7× faster. In head-to-head testing, the Lite model matched or beat Nano Banana 2 on many fields, but when details are important, the more expensive version may be the better option. Google last week launched Nano Banana 2 Lite—officially gemini-3.1-flash-lite-image—as the entry point in its image generation stack, sitting below Nano Banana 2 and well below Nano Banana Pro. It delivers text-to-image outputs in roughly four seconds, 2.7 times faster than Nano Banana 2, and is positioned as the direct replacement for the original Nano Banana (gemini-2.5-flash-image). The explicit pitch: same Google ecosystem, less money, less waiting.
The model is available through Google AI Studio, the Gemini API, and the Enterprise Agent Platform—and it's baked into consumer products including Search, the Gemini app, NotebookLM, and Google Photos. It works alongside Gemini Omni Flash, Google's new video generation model, through the Interactions API, which lets users stack up to three sequential edits within a single session. The Nano Banana family now reads as a clean three-tier structure: Lite for speed and cost, Nano Banana 2 for the quality-speed balance, Nano Banana Pro for complex professional work.
At roughly $0.034 per image at 1K resolution, Nano Banana 2 Lite is about half the price of Nano Banana 2, which runs $0.067 per image at the same resolution. That puts the Lite model in direct competition with Seedream 5.0 Lite, which comes in at $0.031–0.035 per image. Reve 2.0 undercuts both at around $0.0067 per image via API—though it lacks the deployment breadth that comes with Google's infrastructure. Qwen Image Edit is a good, free, open-source option for standard use cases.
So, is the quality drop from Nano Banana 2 concentrated enough to matter for your specific workflow? Is it distributed enough that most people won't notice?
We ran the same prompts through both models across five categories to find out. The answer is less predictable than you'd expect.
Realism
The realism test is where the gap between Nano Banana 2 and its Lite sibling is most visible. Both models received the same technically demanding portrait prompt: a cinematic image of a 32-year-old female architect on a rooftop at sunset, wearing a beige trench coat and round glasses, holding rolled blueprints specifically in her left hand, with a defocused city skyline behind her, golden hour lighting with a soft rim light, shallow depth of field simulating a 50mm lens, a vertical 4:5 aspect ratio, realistic skin texture, and subtle film grain.
The prompt explicitly frames each element as an independent constraint that can fail.
Nano Banana 2 Lite passed the basic test. The subject is correctly dressed and positioned, wears round glasses, holds blueprints, and stands on a rooftop with a blurred city behind her. But it is slightly, just slightly, less realistic in terms of details: The subject only has one hand, which is oversized in comparison to the rest of the body. The rim light is barely perceptible. Skin texture holds up at thumbnail scale but doesn't survive close inspection. The image, in the end, looks like a competent stock photo, not a cinematic portrait.
Nano Banana 2 produced something photographically different in kind. The subject stands against a fully realized New York City skyline at magic hour, bokeh city lights blooming across the background, a hint of a river visible in the distance. The depth of field is dramatic. The warm rim light clearly separates the subject from the background. The blueprints are in her left hand, not her right hand, as requested.
Both models struggle with symmetry. For example the holes for the buttons and some straps are not consistent, but again, those are details that are spotted upon closer inspection.
For social media content or rapid visual mockups, the Lite version is workable—it communicates the concept. For anything where the image is the final product—a hero image, a client deliverable, a portfolio piece—it will show its seams at any resolution above a thumbnail. Photographic quality is where the Lite model's architecture makes its largest single concession, and it makes it consistently.
Prompt Adherence
Prompt adherence testing used a different strategy: a dense, multi-element scene where each labeled detail functions as an independent failure point. The prompt described a steampunk cityscape viewed from a gargoyle's perch—complete with a hot air balloon labeled "Atlas & Sons Cartographers, Est. 1842," a cable car with a specific named route, a gear-driven clock tower, a gargoyle holding a document labeled "Sector 7 – Condemned," a foreground newspaper with a specific headline, and a detailed Victorian street scene below.
The logic: If a model can hold 10 specific simultaneous constraints, you can trust it on complex creative briefs.
Both models produced visually compelling steampunk scenes. Both correctly place the gargoyle in the foreground, the clock tower at center, the balloon in the sky, and a cable car crossing the frame. At a glance, the differences feel cosmetic—the Lite version is darker and moodier, the full model cleaner and brighter. But the specifics tell a different story. In the Lite version, the balloon reads "Est. 1942" instead of 1842—mostly due to AI grappling to properly render text. The cable car route label is partially garbled. The foreground newspaper headline blurs at the edges, losing legibility on the details that were specifically requested.
Overall, it focused more on visuals than text, which is ok for most use cases.
Nano Banana 2 gets almost everything right. The balloon clearly reads "Atlas & Sons Cartographers Est. 1842." The cable car sign says "Upper Vantis – 4 Stops." The gargoyle holds a document, but the text is illegible. The foreground newspaper reads "Clocktower Falls Silent – City Mourns" in clean, readable type. Every named element appears where it should, with the correct label, in legible form. The compositional decision to use brighter, more editorial lighting also pays off here—it keeps the labeled details readable rather than swallowed by atmosphere.
Casual prompt users won't catch a one-digit transposition on a fictional establishment date. But concept artists, worldbuilders, and narrative illustrators—the people using these models to communicate specific creative logic to clients or collaborators—will notice immediately.
The Lite model's tendency to blur or transpose specific in-image text labels isn't a catastrophic failure, but it introduces a manual correction step that compounds badly at scale.
Spatial Awareness
Spatial awareness testing evaluated how each model handles multi-depth scene composition: multiple objects at close range, a human subject in the middle distance, and atmospheric elements receding into background darkness.
The scene—a medieval alchemist at a cluttered wooden desk, surrounded by an armillary sphere, a lit candle, an hourglass, a skull, star charts, and a glowing green jar, with a black cat silhouetted in an arched window behind him—requires convincing three-dimensional layering to read as coherent rather than assembled.
Both models understood the basic spatial grammar of the scene. Foreground objects are rendered at appropriate scale and shadow detail, the scholar occupies the mid-ground with correct occlusion relationships to the objects around him, and the arched window with the moonlit night sky creates a convincing sense of recession behind the scene. Neither model misplaces objects, collapses depth planes, or introduces spatial contradictions. The scene architecture—front, middle, back—is correctly established in both outputs.
The differences are subtle and real. Nano Banana 2's version has a richer atmospheric depth gradient: The candlelight fades naturally as it reaches the stone walls, the background haziness reads as genuine atmospheric depth rather than digital softening, and the overall scene has a painterly warmth that suggests volumetric space. The Lite version's depth is structurally correct but slightly compressed—the background reads marginally more like a stage flat than a receding room with actual air in it.
At least in this text, the Nano Banana 2 image feels like the same Nano Banana 2 Lite image with a detailed LoRA (a sort of specialized fine tuning layer) applied during sampling.
This is the smallest gap across all five tests. For storyboards, game asset concepts, and most editorial illustration contexts, both models demonstrate adequate spatial reasoning. The Lite model's slightly flatter depth rendering becomes meaningful only in high-resolution output or detailed compositional analysis—and even then, the gap is arguable.
For this category, the Lite model is a viable substitute in the vast majority of practical workflows.
Text Generation
Text generation is where this review produces its most counterintuitive result.
The test prompt described a gritty nighttime hardware store with dozens of simultaneous text elements at different scales and styles: a hand-painted main sign with the store name, founding date, and product categories; a graffiti tag on the façade; window decals with hours and services; a concert poster with band name, venue, date, doors time, and specific ticket prices; a city council meeting notice; a lost cat notice with a phone number; political stickers on a phone booth; and a street parking restriction on the curb.
Text generation at this complexity is difficult because each element has to be correctly rendered while the overall image still reads as a coherent photograph.
Nano Banana 2 Lite actually delivered something genuinely impressive for how fast it is. "KELLERMAN'S HARDWARE & SUPPLY CO. – SINCE 1931 – TOOLS, ROPE, PAINT," graffiti reading "STILL HERE," window signs for "OPEN 7 DAYS / WE BUY SCRAP – ASK FOR RAY / CLOSED," a concert poster for "THE DREDGE PALE MOUTH / SUNDAY JUNE 4 / DOORS 9PM / THE ANCHOR CLUB / $12 ADV – $15 DOOR," stickers reading "THIS MACHINE KILLS FASCISTS" and "JESUS SAVES," a lost cat notice with a specific and legible phone number—every single text element in the prompt is correctly rendered and readable simultaneously in one image.
If there’s something to note, it’s that the image is less realistic. Some posters seem rendered by an editor with poor photoshop skills rather than genuine elements of the scene. One example could be the posters pasted on the phone booth. To be more realistic they should have some natural imperfections, and even deterioration signs. That said, this is a legitimately strong result for any image model, let alone the cheaper, faster one.
Nano Banana 2's version is also strong. Most text is correctly placed and legible, and the overall image reads as a convincing nighttime scene. But the full model's darker, moodier atmospheric rendering—generally one of its assets—works against it here. Several smaller sticker texts fall into shadow and lose legibility. The Lite model's brighter, more neutral lighting, a quality that reads as a weakness in portrait work, becomes a clear advantage when the evaluation criterion is whether all the text in the scene is actually readable.
For text-heavy generation—signage mockups, editorial graphics, product concepts with labeled elements, infographic-style composed images—Nano Banana 2 Lite performs below Nano Banana 2. The model seems to either focus too much on visuals that text becomes garble, or focus so much on text that its placement in scene becomes unrealistic.
ConclusionsNano Banana 2 Lite is not a straight downgrade from Nano Banana 2. It's a focused tool with a specific ceiling, and that ceiling drops hardest in exactly the scenarios where photographic quality is the deliverable, and holds surprisingly steady everywhere else.
Cinematic portrait work, sophisticated lighting physics, fine material texture, close-inspection-quality skin rendering—all of these expose a clear difference between the two models. Style transfer also takes a meaningful hit, not in rendering quality but in contextual comprehension: the Lite model can execute a subject, but it struggles to capture the visual environment in which that subject lives. Prompt adherence degrades specifically on in-image labeled text accuracy—a narrow failure mode, but one that matters badly in worldbuilding, concept art, and any pipeline where specific in-image language carries meaning.
What holds up well—and in some cases holds up better—is specificity: if you require a lot of focus on something, it will make sure everything is there.
Spatial scene architecture, and basic compositional competence are also good. The text generation result warrants specific emphasis: If your workflow involves signage mockups, branded graphics, editorial composites with text-heavy elements, or any pipeline where multiple readable text strings need to coexist in a single image, the Lite model is worth reaching for first. Its brighter rendering defaults, a liability in portrait work, are an advantage when legibility is the metric. Spatially, it handles multi-depth scenes adequately for the vast majority of professional contexts.
On the cost math: at $0.034 per image, Nano Banana 2 Lite runs at roughly half the cost of Nano Banana 2 at 1K resolution ($0.067) and trades almost blow-for-blow with Seedream 5.0 Lite ($0.031–0.035). Reve 2.0 undercuts both dramatically at approximately $0.0067 per image via API, but doesn’t offer the deployment footprint that comes with the Nano Banana ecosystem: Search, NotebookLM, Google Photos, and the Gemini app running off the same model simultaneously.
For teams already inside Google's infrastructure, that integration removes a platform-switching cost that pure-API alternatives can't account for. If you know which use cases you're in—and you're not in the photographic quality bucket—Nano Banana 2 Lite earns its spot in the lineup, and might even be a better option than its more powerful brother.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Nano Banana 2 Lite (gemini-3.1-flash-lite-image) generates images in four seconds at roughly $0.034 per image. This means it produces results at about half the cost of Nano Banana 2 at the same resolution and 2.7× faster. In head-to-head testing, the Lite model matched or beat Nano Banana 2 on many fields, but when details are important, the more expensive version may be the better option. Google last week launched Nano Banana 2 Lite—officially gemini-3.1-flash-lite-image—as the entry point in its image generation stack, sitting below Nano Banana 2 and well below Nano Banana Pro. It delivers text-to-image outputs in roughly four seconds, 2.7 times faster than Nano Banana 2, and is positioned as the direct replacement for the original Nano Banana (gemini-2.5-flash-image). The explicit pitch: same Google ecosystem, less money, less waiting.
The model is available through Google AI Studio, the Gemini API, and the Enterprise Agent Platform—and it's baked into consumer products including Search, the Gemini app, NotebookLM, and Google Photos. It works alongside Gemini Omni Flash, Google's new video generation model, through the Interactions API, which lets users stack up to three sequential edits within a single session. The Nano Banana family now reads as a clean three-tier structure: Lite for speed and cost, Nano Banana 2 for the quality-speed balance, Nano Banana Pro for complex professional work.
At roughly $0.034 per image at 1K resolution, Nano Banana 2 Lite is about half the price of Nano Banana 2, which runs $0.067 per image at the same resolution. That puts the Lite model in direct competition with Seedream 5.0 Lite, which comes in at $0.031–0.035 per image. Reve 2.0 undercuts both at around $0.0067 per image via API—though it lacks the deployment breadth that comes with Google's infrastructure. Qwen Image Edit is a good, free, open-source option for standard use cases.
So, is the quality drop from Nano Banana 2 concentrated enough to matter for your specific workflow? Is it distributed enough that most people won't notice?
We ran the same prompts through both models across five categories to find out. The answer is less predictable than you'd expect.
Realism
The realism test is where the gap between Nano Banana 2 and its Lite sibling is most visible. Both models received the same technically demanding portrait prompt: a cinematic image of a 32-year-old female architect on a rooftop at sunset, wearing a beige trench coat and round glasses, holding rolled blueprints specifically in her left hand, with a defocused city skyline behind her, golden hour lighting with a soft rim light, shallow depth of field simulating a 50mm lens, a vertical 4:5 aspect ratio, realistic skin texture, and subtle film grain.
The prompt explicitly frames each element as an independent constraint that can fail.
Nano Banana 2 Lite passed the basic test. The subject is correctly dressed and positioned, wears round glasses, holds blueprints, and stands on a rooftop with a blurred city behind her. But it is slightly, just slightly, less realistic in terms of details: The subject only has one hand, which is oversized in comparison to the rest of the body. The rim light is barely perceptible. Skin texture holds up at thumbnail scale but doesn't survive close inspection. The image, in the end, looks like a competent stock photo, not a cinematic portrait.
Nano Banana 2 produced something photographically different in kind. The subject stands against a fully realized New York City skyline at magic hour, bokeh city lights blooming across the background, a hint of a river visible in the distance. The depth of field is dramatic. The warm rim light clearly separates the subject from the background. The blueprints are in her left hand, not her right hand, as requested.
Both models struggle with symmetry. For example the holes for the buttons and some straps are not consistent, but again, those are details that are spotted upon closer inspection.
For social media content or rapid visual mockups, the Lite version is workable—it communicates the concept. For anything where the image is the final product—a hero image, a client deliverable, a portfolio piece—it will show its seams at any resolution above a thumbnail. Photographic quality is where the Lite model's architecture makes its largest single concession, and it makes it consistently.
Prompt Adherence
Prompt adherence testing used a different strategy: a dense, multi-element scene where each labeled detail functions as an independent failure point. The prompt described a steampunk cityscape viewed from a gargoyle's perch—complete with a hot air balloon labeled "Atlas & Sons Cartographers, Est. 1842," a cable car with a specific named route, a gear-driven clock tower, a gargoyle holding a document labeled "Sector 7 – Condemned," a foreground newspaper with a specific headline, and a detailed Victorian street scene below.
The logic: If a model can hold 10 specific simultaneous constraints, you can trust it on complex creative briefs.
Both models produced visually compelling steampunk scenes. Both correctly place the gargoyle in the foreground, the clock tower at center, the balloon in the sky, and a cable car crossing the frame. At a glance, the differences feel cosmetic—the Lite version is darker and moodier, the full model cleaner and brighter. But the specifics tell a different story. In the Lite version, the balloon reads "Est. 1942" instead of 1842—mostly due to AI grappling to properly render text. The cable car route label is partially garbled. The foreground newspaper headline blurs at the edges, losing legibility on the details that were specifically requested.
Overall, it focused more on visuals than text, which is ok for most use cases.
Nano Banana 2 gets almost everything right. The balloon clearly reads "Atlas & Sons Cartographers Est. 1842." The cable car sign says "Upper Vantis – 4 Stops." The gargoyle holds a document, but the text is illegible. The foreground newspaper reads "Clocktower Falls Silent – City Mourns" in clean, readable type. Every named element appears where it should, with the correct label, in legible form. The compositional decision to use brighter, more editorial lighting also pays off here—it keeps the labeled details readable rather than swallowed by atmosphere.
Casual prompt users won't catch a one-digit transposition on a fictional establishment date. But concept artists, worldbuilders, and narrative illustrators—the people using these models to communicate specific creative logic to clients or collaborators—will notice immediately.
The Lite model's tendency to blur or transpose specific in-image text labels isn't a catastrophic failure, but it introduces a manual correction step that compounds badly at scale.
Spatial Awareness
Spatial awareness testing evaluated how each model handles multi-depth scene composition: multiple objects at close range, a human subject in the middle distance, and atmospheric elements receding into background darkness.
The scene—a medieval alchemist at a cluttered wooden desk, surrounded by an armillary sphere, a lit candle, an hourglass, a skull, star charts, and a glowing green jar, with a black cat silhouetted in an arched window behind him—requires convincing three-dimensional layering to read as coherent rather than assembled.
Both models understood the basic spatial grammar of the scene. Foreground objects are rendered at appropriate scale and shadow detail, the scholar occupies the mid-ground with correct occlusion relationships to the objects around him, and the arched window with the moonlit night sky creates a convincing sense of recession behind the scene. Neither model misplaces objects, collapses depth planes, or introduces spatial contradictions. The scene architecture—front, middle, back—is correctly established in both outputs.
The differences are subtle and real. Nano Banana 2's version has a richer atmospheric depth gradient: The candlelight fades naturally as it reaches the stone walls, the background haziness reads as genuine atmospheric depth rather than digital softening, and the overall scene has a painterly warmth that suggests volumetric space. The Lite version's depth is structurally correct but slightly compressed—the background reads marginally more like a stage flat than a receding room with actual air in it.
At least in this text, the Nano Banana 2 image feels like the same Nano Banana 2 Lite image with a detailed LoRA (a sort of specialized fine tuning layer) applied during sampling.
This is the smallest gap across all five tests. For storyboards, game asset concepts, and most editorial illustration contexts, both models demonstrate adequate spatial reasoning. The Lite model's slightly flatter depth rendering becomes meaningful only in high-resolution output or detailed compositional analysis—and even then, the gap is arguable.
For this category, the Lite model is a viable substitute in the vast majority of practical workflows.
Text Generation
Text generation is where this review produces its most counterintuitive result.
The test prompt described a gritty nighttime hardware store with dozens of simultaneous text elements at different scales and styles: a hand-painted main sign with the store name, founding date, and product categories; a graffiti tag on the façade; window decals with hours and services; a concert poster with band name, venue, date, doors time, and specific ticket prices; a city council meeting notice; a lost cat notice with a phone number; political stickers on a phone booth; and a street parking restriction on the curb.
Text generation at this complexity is difficult because each element has to be correctly rendered while the overall image still reads as a coherent photograph.
Nano Banana 2 Lite actually delivered something genuinely impressive for how fast it is. "KELLERMAN'S HARDWARE & SUPPLY CO. – SINCE 1931 – TOOLS, ROPE, PAINT," graffiti reading "STILL HERE," window signs for "OPEN 7 DAYS / WE BUY SCRAP – ASK FOR RAY / CLOSED," a concert poster for "THE DREDGE PALE MOUTH / SUNDAY JUNE 4 / DOORS 9PM / THE ANCHOR CLUB / $12 ADV – $15 DOOR," stickers reading "THIS MACHINE KILLS FASCISTS" and "JESUS SAVES," a lost cat notice with a specific and legible phone number—every single text element in the prompt is correctly rendered and readable simultaneously in one image.
If there’s something to note, it’s that the image is less realistic. Some posters seem rendered by an editor with poor photoshop skills rather than genuine elements of the scene. One example could be the posters pasted on the phone booth. To be more realistic they should have some natural imperfections, and even deterioration signs. That said, this is a legitimately strong result for any image model, let alone the cheaper, faster one.
Nano Banana 2's version is also strong. Most text is correctly placed and legible, and the overall image reads as a convincing nighttime scene. But the full model's darker, moodier atmospheric rendering—generally one of its assets—works against it here. Several smaller sticker texts fall into shadow and lose legibility. The Lite model's brighter, more neutral lighting, a quality that reads as a weakness in portrait work, becomes a clear advantage when the evaluation criterion is whether all the text in the scene is actually readable.
For text-heavy generation—signage mockups, editorial graphics, product concepts with labeled elements, infographic-style composed images—Nano Banana 2 Lite performs below Nano Banana 2. The model seems to either focus too much on visuals that text becomes garble, or focus so much on text that its placement in scene becomes unrealistic.
ConclusionsNano Banana 2 Lite is not a straight downgrade from Nano Banana 2. It's a focused tool with a specific ceiling, and that ceiling drops hardest in exactly the scenarios where photographic quality is the deliverable, and holds surprisingly steady everywhere else.
Cinematic portrait work, sophisticated lighting physics, fine material texture, close-inspection-quality skin rendering—all of these expose a clear difference between the two models. Style transfer also takes a meaningful hit, not in rendering quality but in contextual comprehension: the Lite model can execute a subject, but it struggles to capture the visual environment in which that subject lives. Prompt adherence degrades specifically on in-image labeled text accuracy—a narrow failure mode, but one that matters badly in worldbuilding, concept art, and any pipeline where specific in-image language carries meaning.
What holds up well—and in some cases holds up better—is specificity: if you require a lot of focus on something, it will make sure everything is there.
Spatial scene architecture, and basic compositional competence are also good. The text generation result warrants specific emphasis: If your workflow involves signage mockups, branded graphics, editorial composites with text-heavy elements, or any pipeline where multiple readable text strings need to coexist in a single image, the Lite model is worth reaching for first. Its brighter rendering defaults, a liability in portrait work, are an advantage when legibility is the metric. Spatially, it handles multi-depth scenes adequately for the vast majority of professional contexts.
On the cost math: at $0.034 per image, Nano Banana 2 Lite runs at roughly half the cost of Nano Banana 2 at 1K resolution ($0.067) and trades almost blow-for-blow with Seedream 5.0 Lite ($0.031–0.035). Reve 2.0 undercuts both dramatically at approximately $0.0067 per image via API, but doesn’t offer the deployment footprint that comes with the Nano Banana ecosystem: Search, NotebookLM, Google Photos, and the Gemini app running off the same model simultaneously.
For teams already inside Google's infrastructure, that integration removes a platform-switching cost that pure-API alternatives can't account for. If you know which use cases you're in—and you're not in the photographic quality bucket—Nano Banana 2 Lite earns its spot in the lineup, and might even be a better option than its more powerful brother.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
SummaryI define dividend growth stocks as those with dividend increases of 5 or more consecutive years.In this monthly series, I rank a selection of dividend growth stocks and present the top 10 stocks for consideration.This month, I'm presenting the top 10 dividend growth stocks with a 5-year yield-on-cost of 2.5% or higher and a consensus upside of at least 5%.July’s top 10 is led by MLI (a stock I own), which offers the highest quality score and trades about 16% below my fair value estimate.I plan to expand my ROL position while maintaining overweight allocations in INTU and ACN, emphasizing disciplined portfolio sizing and quality screening. gustavofrazao/iStock via Getty Images
My database of dividend growth [DG] stocks contains more than 720 stocks with dividend increase streaks of 5 or more years. I use different screens every month to find interesting candidates.
I assess the quality
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of ACN, INTU, MLI, ROL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
As dining habits shift in 2026, investors must weigh the high-growth potential of Shake Shack (SHAK +4.05%) against the steady, cash-generative powerhouse that is Texas Roadhouse (TXRH +1.31%) to determine the better buy.
Shake Shack excels as a fast-casual leader, focusing on premium ingredients and a modern digital experience. Conversely, Texas Roadhouse dominates casual dining with a massive, mostly company-operated network of steakhouses. While both navigate rising costs, they offer distinct risk-reward profiles for investors seeking exposure to the restaurant industry.
The case for Shake ShackShake Shack operates in the fast-casual space, selling premium burgers, chicken, and its namesake shakes to an urban-centric customer base. Its footprint includes 390 company-operated locations and 289 licensed units across the United States and several international hubs. The company relies on a single national broadline distributor for nearly 95% of its ingredients, and such customer concentration adds a layer of risk to the business.
In FY 2025, revenue reached nearly $1.5 billion, representing approximately 15% growth over the prior year. The company reported net income of just over $45.7 million. This result reflects a net margin of roughly 3.2%, up from 0.8% in the previous fiscal year.
On its FY2025 balance sheet, the debt-to-equity ratio is roughly 1.7x, representing total debt relative to what shareholders own in the business. Free cash flow, calculated as cash from operations minus capital spending, was $56.5 million for the fiscal year.
The case for Texas RoadhouseTexas Roadhouse operates a large-scale casual dining system primarily consisting of its flagship steakhouse brand. The company operates a portfolio that includes Bubba’s 33 and Jaggers, though the namesake steakhouse remains the primary engine among consumer discretionary stocks in the dining space. As of late 2025, the system included 816 restaurants, with a heavy focus on company-operated locations rather than a pure franchise model.
In FY 2025, total revenue reached nearly $5.9 billion, a growth rate of approximately 9.5% compared to the previous year. Net income for the period was close to $405.6 million. This generated a net margin of roughly 6.9%, showing a slight decrease from the 8.1% net margin reported in 2024.
In its December 2025 balance sheet, the debt-to-equity ratio is roughly 1.3x. The current ratio is approximately 0.5x, suggesting the company maintains a leaner cushion for immediate obligations. For the same fiscal period, free cash flow was about $342 million, providing significant cash to fund operations and expansion.
Risk profile comparisonSupply chain concentration is a primary concern for Shake Shack, as the company relies on a single distributor and a limited pool of beef processors. It also faces operational risks from licensed units where it lacks day-to-day control over brand standards. Finally, the rapid expansion of digital ordering via platforms such as kiosks increases exposure to potential data breaches and cybersecurity threats.
Commodity cost inflation poses a significant threat to Texas Roadhouse, as its profitability is highly sensitive to fluctuating beef prices. The business also carries geographic concentration risk, with approximately 21% of company-operated restaurants located in Texas and Florida. Furthermore, persistent labor market pressures and rising wages could strain operating margins if the company cannot retain enough qualified personnel.
Valuation comparisonTexas Roadhouse trades at a lower earnings multiple, while Shake Shack appears more attractive based on its total revenue relative to market value.
MetricShake ShackTexas RoadhouseSector BenchmarkForward P/E52.4x29.6x93.3xP/S ratio1.6x2.1xn/aSector benchmark uses the SPDR XLY sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
In the current ‘K-shaped’ economic environment in the U.S., where the wealthy continue to see their situation improve while the average consumer feels squeezed, affordable dining options like Texas Roadhouse and Shake Shack are a good place to look for restaurant investments.
While the U.S. economy continues to grow, Texas Roadhouse’s customer remains somewhat wary of increasing spending. The company reported labor and food cost inflation that outpaced the growth in foot traffic. That suggests some weakness for the chain. Texas Roadhouse’s locations are overweighted in Texas and Florida, the latter of which is particularly sensitive to consumer spending cuts during tight economic times.
Shake Shack, meanwhile, reported that foot traffic to locations increased for the third-straight quarter in the first quarter of 2026. The company is pushing a ‘We Really Cook’ campaign designed to differentiate the chain from others through its commitment to fresh ingredients and on-site cooking.
For 2026, analysts expect Shack Shake sales to grow neaerly 16%, though with roughly the same net income. Texas Roadhouse, on the other hand, is seen growing sales by about 11%, and while net income will grow, it won’t keep pace with revenue, so the overall net margin should decline.
Shake Shack’s growth is appealing, and while its forward price-to-earnings ratio is a premium, its lower price-to-sales ratio suggests there is value to capture for a long-term investor compared to Texas Roadhouse.
July's GVAS Dogs list highlights ten fair-priced, high-yield large-cap stocks, including IRSA Inversiones, Weibo, Verizon, and AT&T, as ideal buys. Analyst targets project average net gains of 40.39% for the top ten GVAS stocks by July 2027, with risk profiles generally below market volatility. The dividend dogcatcher strategy favors stocks whose $1K dividend income exceeds share price, with 36 of 54 GVAS stocks meeting this ideal condition.
SummaryThis article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms.We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.In addition to the primary list that yields 4.1%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.Looking for a portfolio of ideas like this one? Members of High Income DIY Portfolios get exclusive access to our subscriber-only portfolios. Learn More » Olivier Le Moal/iStock via Getty Images
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Author's Note: This is our monthly series on Dividend Stocks, usually published in the first week of every month. We scan the universe of roughly 7,500 stocks listed and traded on U.S. exchanges and use our
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The probability that Bitcoin will rise to $70,000 this year has climbed to 79%.
Prediction market platform Polymarket now puts the probability of Bitcoin rising to $70,000 this year at 79%, up from 54% as of June 26. Additionally, the odds of Bitcoin hitting $80,000 stand at 32%, while the probability of it reaching $90,000 is 19%.
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An alleged insider address of LAB has transferred $9.15 million worth of tokens to Aster again.
According to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected insider address of LAB has transferred 10.5 million LAB tokens to Aster again. Calculated at the $0.872 price at the time of transfer, the move is worth roughly $9.15 million. This marks the address’s second transfer of LAB in the same fashion in about 22 hours. Over the past 24 hours, the address has moved a total of LAB worth approximately $18.69 million to Aster. Earlier, after the address completed the transfer last night, LAB’s price once plummeted sharply.
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US-listed ETFs' assets under management climbed to $15.6 trillion, notching a new all-time high.
The Kobeissi Letter noted that the assets under management (AUM) of U.S.-listed ETFs have climbed to a record $15.6 trillion, doubling over the past 30 months. Year-to-date, investors have allocated more than $1 trillion to U.S.-listed ETFs, nearly double the year-to-date record set in 2025. At the current pace, full-year inflows are on track to top $2 trillion for the first time, roughly 33% higher than last year’s all-time high. In June alone, U.S. ETFs pulled in around $193 billion in inflows, marking the second-highest monthly inflow on record. Demand has been concentrated in U.S. large-cap, semiconductor, AI, and South Korea-focused ETFs, with the U.S. ETF market’s growth accelerating.
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Hyperliquid’s perpetual contracts open interest market share hits 9%, a new all-time high.
According to hypeflows data, Hyperliquid holds a 9% share of the global perpetual contract market (covering all centralized exchanges including Binance, Bybit, OKX) by open interest, marking the highest level since the platform’s inception. Per HTX market data, HYPE is currently priced at $66.69, down 2.83% over the past 24 hours.
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Smart money nets $97.2 million in total profit from a 3x short position on 1.85 million CASHCAT tokens
According to Onchain Lens monitoring, a top-performing whale on Hyperliquid has just opened a 3x short position on 1.85 million CASHCAT tokens. The wallet has accumulated a total profit of $97.2 million to date, and its latest CASHCAT position currently boasts an unrealized profit of $17,900.
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Ethereum Foundation leverages AI to mine vulnerabilities: Successfully identifies security flaws, notes that manual review remains irreplaceable.
The Ethereum Foundation has disclosed that its Protocol Security team is using AI agents to conduct vulnerability hunting of Ethereum client software to boost network security. During testing, the AI successfully identified a vulnerability in the Gossipsub message propagation protocol that allows remote attackers to trigger node crashes, leading to validator nodes going offline. The flaw has since been patched and assigned CVE ID CVE-2026-34219. However, the foundation notes that AI’s biggest challenge is not discovering vulnerabilities, but distinguishing actual flaws from false positives. AI can generate vulnerability descriptions, impact analyses, and exploit code, but may also produce seemingly plausible yet non-existent issues—requiring security researchers to conduct thorough verification. The foundation outlined three common types of false positives: crashes occurring only in test environments, exploit paths that cannot be leveraged in real-world scenarios, and invalid proofs in formal verification. Additionally, the Ethereum Foundation believes AI is currently better at analyzing individual code issues, but has limited ability to identify complex attack chains formed by multiple legitimate operations—an attack vector that has been the primary cause of breaches for multiple crypto protocols this year. Going forward, the foundation plans to have AI assist in generating potential attack paths, which will then be verified via manual and automated testing to further improve the efficiency and accuracy of vulnerability discovery.
Hedera’s native token HBAR has fallen more than 2% after blockchain security researchers reported that a suspected exploit had moved more than $5.8 million in assets from the Hedera network to Ethereum.
Summary
Suspected Hedera exploit moved more than $5.8 million in assets to Ethereum, according to blockchain security researchers. Specter and PeckShield said the attacker bridged funds through LayerZero before swapping WBTC for ETH. HBAR fell more than 2%, trading near $0.069 as the reported exploit unfolded. According to blockchain security researcher Specter, the suspected attacker had already bridged more than $3.7 million worth of assets from Hedera to Ethereum before continuing to move additional funds.
There appears to be an ongoing hack involving @hedera Network, with over $3.7M already bridged to Ethereum by the attacker.
The stolen funds are currently being swapped from WBTC for ETH after being bridged from the Hedera network via Layerzero.
Theft addresses:… pic.twitter.com/KSxd3K2vlu
— Specter (@SpecterAnalyst) July 11, 2026 Specter said the stolen assets were being swapped from Wrapped Bitcoin (WBTC) into Ether (ETH) after crossing chains through LayerZero. The researcher also published two wallet addresses believed to be linked to the incident.
At the time of writing, CryptoBull360 reported that the wallet’s estimated value had increased to roughly $5.8 million, indicating that more assets had reached Ethereum after the initial transfers. The shared wallet data showed holdings of about 3,203 ETH, representing nearly 80% of the portfolio, alongside roughly 20% in WBTC.
According to data from crypto.news, Hedera (HBAR) price traded around $0.069, down more than 2% following the reports of the suspected exploit.
Cross-chain transfers have continued after the initial breach As additional transactions appeared on-chain, blockchain security firm PeckShield said the suspected exploit had already transferred approximately $5.25 million from the Hedera mainnet to Ethereum. The firm added that the wallet held around 2,360 ETH, valued at roughly $4.25 million, and 15.58 WBTC, worth about $1 million, at the time of its analysis.
PeckShield also reported that the wallet had originally been funded with 1 ETH from Tornado Cash, citing on-chain transaction history. The observation identifies the source of the wallet’s initial funding but does not establish who controls the address or who carried out the alleged attack.
The wallet screenshots shared by both Specter and PeckShield showed a series of inbound transfers arriving within a short period before the assets were converted into ETH.
Investigation remains ongoing as official details are limited Neither Specter nor PeckShield identified the party responsible for the suspected exploit, and no official estimate of the total losses had been released at the time of writing. The reported value of the stolen assets continued to change as additional funds were observed moving through the wallet.
The incident is still developing, with blockchain security researchers continuing to monitor the addresses and publish updates as new transactions appear on-chain. Meanwhile, market participants are watching for an official statement from the Hedera team regarding the reported exploit and any measures taken to contain its impact.
The Hedera incident comes amid a series of security-related developments reported by crypto.news in recent weeks. Blockaid recently said it detected an active exploit targeting Summer.fi, estimating losses of about $6 million at the time of its alert.
Separately, Ctrl Wallet announced it will permanently shut down after a security exploit affecting some Cardano wallets, giving users until Aug. 3 to withdraw their assets. Meanwhile, crypto.news also reported that Secret Network has proposed migrating SCRT from Cosmos to Arbitrum, with the team citing security risks, weaker liquidity, and an aging codebase in its July 7 governance proposal.
More than $5 million has been stolen from the Hedera Network after hackers exploited the DeFi lending platform Sauce Protocol. The attack caused the HBAR coin price to fall by nearly 3% as the stolen crypto was quickly moved to Ethereum.
So far, the attacker has not been identified, and the Hedera Network team has not released an official statement.
Sauce Protocol Exploit Drains Over $5 MillionAccording to PeckShield, the attacker exploited the Sauce Protocol by manipulating its price oracle after depositing collateral into the lending platform.
By changing asset prices, the hacker borrowed nearly 6.6 million USDC and 35 million HBAR before swapping the stolen tokens on SaucerSwap.
The attacker then used LayerZero to bridge the stolen funds from the Hedera Network to Ethereum, making it more difficult to recover the assets.
The total loss is estimated at more than $5.25 million, with the funds already transferred off the Hedera Network.
Stolen Funds Moved to EthereumOn-chain investigator Specter said the hacker first stole the funds from Sauce Protocol on the Hedera network. After that, the attacker used LayerZero to transfer the stolen crypto from Hedera to Ethereum, where it is easier to swap and move the funds.
The hacker’s Ethereum wallet now holds around 2,068 ETH, worth nearly $3.7 million, along with 15.58 WBTC, bringing the total stolen assets to more than $5 million.
Blockchain records also show the attacker making several transactions, repeatedly moving Wrapped Bitcoin (WBTC) to another wallet, likely an attempt to hide the money trail.
More than $5 million has been stolen from Hedera’s DeFi ecosystem after hackers exploited Sauce Protocol in an oracle manipulation
Before carrying out the exploit, the hacker funded the wallet 0x9A4…6a494 with just 1 ETH from Tornado Cash. Attackers often use Tornado Cash to cover their tracks before launching an exploit.
HBAR Coin Price Falls After AttackFollowing the news, HBAR dropped around 3.5%, falling to nearly $0.0670 as investors feared a more serious breach.
Although the exploit targeted Sauce Protocol rather than the Hedera network itself, the incident has raised concerns across decentralized finance (DeFi) applications built on the blockchain.
The investigation is still ongoing, yet there is no official announcement or post from the Hedera network team.
Story Ends Here
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Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited.
In a preliminary incident report published Saturday, Bonzo said the attacker deposited 250 SAUCE, worth only a few dollars, before submitting a price update that inflated the token’s value by roughly 12 orders of magnitude. The wallet then borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool.
The case illustrates how oracle failures can turn low-value collateral into a tool for draining large amounts of liquidity from lending protocols, even when the application and underlying network continue operating as designed.
Bonzo attributed the incident to a flaw in Supra’s on-chain oracle verifier, which accepted a manipulated SAUCE price carrying a zeroed signature. The protocol said Supra acknowledged the issue and deployed a fix, while stressing that the incident was not a vulnerability in Bonzo Lend’s contracts or Hedera’s core network.
Estimated economic impact of the incident. Source: Bonzo Finance
DeFi hacks continue to pressure the sector The incident adds to a growing number of exploits targeting decentralized finance (DeFi) protocols in 2026.
The second quarter had become the most-hacked quarter on record by incident count, with 83 exploits and about $755 million stolen. Cross-chain bridge exploits accounted for $351 million, while compromised administrator attacks and fake token price manipulation represented 37% of quarterly losses.
In 2026, DeFi’s total value locked (TVL) had fallen 39% to over $70 billion in June from about $115 billion in January. CryptoRank recorded 121 hacks and roughly $942 million in losses over the period, saying repeated security incidents likely weighed on user confidence and reinforced capital outflows.
The Bonzo incident also follows a similar collateral-pricing exploit on Stellar. In February, attackers drained roughly $10 million from a YieldBlox DAO-managed lending pool after manipulating the price path used to value USTRY collateral, allowing them to borrow assets beyond the token’s real worth.
Magazine: Will the crypto lobby's $189M campaign get CLARITY over the line?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited.
In a preliminary incident report published Saturday, Bonzo said the attacker deposited 250 SAUCE, worth only a few dollars, before submitting a price update that inflated the token’s value by roughly 12 orders of magnitude. The wallet then borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool.
The case illustrates how oracle failures can turn low-value collateral into a tool for draining large amounts of liquidity from lending protocols, even when the application and underlying network continue operating as designed.
Bonzo attributed the incident to a flaw in Supra’s on-chain oracle verifier, which accepted a manipulated SAUCE price carrying a zeroed signature. The protocol said Supra acknowledged the issue and deployed a fix, while stressing that the incident was not a vulnerability in Bonzo Lend’s contracts or Hedera’s core network.
Estimated economic impact of the incident. Source: Bonzo Finance
DeFi hacks continue to pressure the sector The incident adds to a growing number of exploits targeting decentralized finance (DeFi) protocols in 2026.
The second quarter had become the most-hacked quarter on record by incident count, with 83 exploits and about $755 million stolen. Cross-chain bridge exploits accounted for $351 million, while compromised administrator attacks and fake token price manipulation represented 37% of quarterly losses.
In 2026, DeFi’s total value locked (TVL) had fallen 39% to over $70 billion in June from about $115 billion in January. CryptoRank recorded 121 hacks and roughly $942 million in losses over the period, saying repeated security incidents likely weighed on user confidence and reinforced capital outflows.
The Bonzo incident also follows a similar collateral-pricing exploit on Stellar. In February, attackers drained roughly $10 million from a YieldBlox DAO-managed lending pool after manipulating the price path used to value USTRY collateral, allowing them to borrow assets beyond the token’s real worth.
Magazine: Will the crypto lobby's $189M campaign get CLARITY over the line?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Someone just walked off with $5.25 million from the Hedera network, and they didn’t exactly try to be subtle about it. Blockchain security firms PeckShield and Specter flagged the suspicious activity on July 11, tracking a trail of funds that moved from Hedera’s mainnet to Ethereum through a cross-chain bridge powered by LayerZero technology.
The timing is particularly awkward for Hedera. Just weeks after the network celebrated the launch of the first US spot HBAR ETF, it’s now dealing with a significant security incident.
How the exploit unfolded The attacker funded an Ethereum wallet with 1 ETH routed through Tornado Cash, the privacy mixing service. From there, the attacker bridged assets from Hedera to Ethereum using LayerZero’s cross-chain infrastructure. Once the funds landed on Ethereum, the attacker swapped Wrapped Bitcoin for Ether, consolidating the stolen haul into more liquid assets.
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At the time security researchers flagged the incident, the attacker’s Ethereum wallet held approximately 2,360 ETH, valued at about $4.25 million, along with 15.58 WBTC worth roughly $1 million. The wallet addresses involved have been identified as 0x9A4966152F6e10b33Cb7a37975e8619816d6a494 and 0xaf20D792A19fD42dCf697ceBa6100291D96dD93e.
Hedera itself has not confirmed the exploit. On-chain investigators are still picking through the transaction data to determine exactly what vulnerability was exploited and how the attacker gained access to the funds in the first place.
A pattern that should worry everyone This isn’t Hedera’s first brush with a security breach. Back in March 2023, the network experienced an exploit that affected decentralized exchange liquidity pools through a bug in Hedera Token Service transfers.
The 2026 landscape has been particularly brutal. A $6 million exploit hit Summer.fi, and a governance attack on BONK DAO resulted in $20 million in losses. The suspected Hedera incident slots neatly into this growing catalog of multi-million-dollar security failures.
What this means for HBAR and its new ETF In June 2026, Canary Capital launched the first US spot HBAR ETF, which debuted with $52.6 million in assets under management. Now, barely a month later, the network is associated with a multi-million-dollar theft.
The exploit appears to involve assets bridged off the Hedera network rather than a compromise of the network’s core consensus mechanism. The use of Tornado Cash to fund the initial wallet suggests the attacker was prepared for scrutiny, which typically makes fund recovery significantly more difficult.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bonzo Finance Labs, the team behind Bonzo Finance, Hedera’s flagship DeFi lending and borrowing protocol, announced today that Bonzo Lend was exploited on July 11 after an attacker manipulated a third-party oracle price feed, allowing the protocol to vastly overvalue a small SAUCE deposit and enable excessive borrowing.
The team stressed that the issue originated in Supra’s oracle verification process rather than Bonzo Lend’s smart contracts, which it said functioned as designed by using the incorrect on-chain price supplied by the oracle.
Bonzo Lend and Bonzo Points have been paused, while Bonzo Vaults, Bonzo Bridge, and BONZO/XBONZO staking remain unaffected, according to the project.
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According to the preliminary incident report, Wallet A submitted a forged price update that inflated SAUCE’s value by roughly 12 orders of magnitude above its actual market price. Bonzo said the manipulated update was accepted because a flaw in Supra’s verifier incorrectly treated a zeroed BLS signature as valid, allowing the false price to be written on-chain.
Once the manipulated price was live, the attacker deposited 250 SAUCE as collateral and borrowed millions of dollars worth of assets. Bonzo said its lending contracts simply read the oracle’s on-chain price and calculated borrowing limits as designed, adding that Supra has since acknowledged the vulnerability and deployed a fix for the affected verifier.
The report further stated that the exploit did not involve vulnerabilities in Bonzo Lend, abnormal market activity, or flash loans, noting SAUCE’s real trading price remained stable throughout the incident.
The report also highlighted the involvement of Wallet B, which borrowed roughly another $1 million while the inflated price remained active before identifying itself as a white-hat participant and offering to return the funds.
Bonzo said it is coordinating the recovery with Wallet B separately and will provide further updates on reimbursements, withdrawals, and remediation once investigations are complete.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bonzo Lend, a decentralized lending protocol operating on the Hedera network, experienced a significant security breach resulting in a loss of approximately $9 million. The attack exploited a vulnerability in the protocol’s oracle mechanism, enabling the perpetrator to extract funds far exceeding the collateral’s real value.
Attacker exploits oracle to inflate collateral valueAccording to an initial investigation, the incident began when the attacker deposited just 250 units of SAUCE, a token representing only a few dollars. Shortly thereafter, the attacker submitted a manipulated price update that amplified SAUCE’s value by an estimated 12 orders of magnitude. Leveraging the inflated value, the attacker borrowed 6.63 million USDC and 34.5 million wrapped HBAR from Bonzo’s lending pool.
The manipulation targeted the protocol’s reliance on on-chain pricing data, transforming minor collateral into a tool for siphoning millions from its liquidity pool.
Mini dictionary: Oracle, in blockchain and DeFi, refers to a system that provides external data—such as asset prices—to smart contracts, enabling their automated functions.
Bonzo Finance attributed the breach to a flaw in Supra’s on-chain oracle verifier, which allowed a manipulated SAUCE price update with a zeroed signature. Supra, the company providing the affected oracle, has acknowledged the issue and implemented a fix.
Protocol, network not directly compromisedBonzo Finance stated that the exploit did not stem from vulnerabilities in its own smart contracts or the underlying Hedera network. Instead, the problem emerged from how the protocol’s oracle system verified external price data, ultimately making it susceptible to manipulation.
Bonzo is a decentralized finance (DeFi) lending protocol designed to enable users to supply assets as collateral and borrow against them on the Hedera blockchain. Hedera is a public distributed ledger platform focused on fast and secure decentralized applications.
DeFi protocols face rising security threatsThis exploit contributes to a growing number of attacks targeting DeFi protocols in 2026. The second quarter of the year saw a record 83 exploits, with total funds stolen reaching about $755 million. Cross-chain bridge exploits were responsible for $351 million, while attacks involving compromised administrators and manipulated token prices comprised 37% of the quarterly losses.
CategoryQ2 2026 LossesCross-chain bridge exploits$351 millionCompromised admin & price manipulation37% of total lossesTotal DeFi exploits$755 million (83 incidents)Overall, DeFi’s total value locked (TVL) fell by 39% in 2026, dropping from around $115 billion in January to over $70 billion by June, according to research firm CryptoRank. The firm reported 121 hacks during this timeframe, with estimated losses of $942 million, indicating that recurring security incidents continued to undermine user trust and drive capital outflows.
Similar incidents in the DeFi spaceThe Bonzo Lend exploit follows a comparable attack on the YieldBlox DAO lending pool on the Stellar network earlier this year. Attackers in that case manipulated the price path used to value USTRY collateral, draining roughly $10 million after borrowing assets beyond the token’s actual value.
These incidents highlight persistent challenges related to price oracles and external data feeds within decentralized finance systems, which remain targets for sophisticated exploits despite advances in smart contract security and blockchain infrastructure.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PANews reported on July 11, citing Cointelegraph, that the Hedera-based lending protocol Bonzo Finance suffered an oracle attack, losing approximately $9 million. The attacker used collateral after the SAUCE token price was abnormally inflated to borrow assets far exceeding their actual value from the protocol.
Bonzo’s preliminary incident report shows that the attacker deposited only 250 SAUCE (worth just a few dollars), then submitted a price update that artificially inflated the token’s price by about 12 orders of magnitude. Subsequently, the address borrowed $6.63 million in USDC and 34.5 million wrapped HBAR (wHBAR) from the lending pool. It is reported that the incident originated from a vulnerability in the on-chain oracle validator of the oracle service provider Supra, which erroneously accepted a SAUCE price data with a zeroed-out signature. Supra has confirmed the issue and completed a fix. Bonzo emphasized that this attack did not stem from any vulnerability in Bonzo’s smart contracts or the underlying Hedera network.
Data shows that the second quarter of 2026 has become the quarter with the most attacks in crypto history, with a total of 83 security incidents resulting in cumulative losses of about $755 million. Among them, cross-chain bridge attacks caused approximately $351 million in losses, while admin key leaks and fake token price manipulation accounted for 37% of the quarterly losses.
Affected by ongoing security incidents, the DeFi sector’s total value locked (TVL) has fallen from around $115 billion in January this year to over $70 billion in June, a cumulative decline of 39%. CryptoRank data shows that the industry has experienced 121 security incidents so far this year, with cumulative losses of about $942 million. Persistent security issues may further weaken user confidence and accelerate capital outflows.
It is worth noting that in February this year, the Stellar-based lending protocol YieldBlox also experienced a similar incident. The attacker stole around $10 million in assets from its lending pool by manipulating the USTRY collateral price path.
Uniswap just crossed $1 billion in cumulative trading volume on Robinhood Chain. It took nine days.
To put that in perspective, the chain’s public mainnet launched around July 1, and by July 10 the leading decentralized exchange had already processed a billion dollars in trades. Daily active traders surpassed 220,000 during the same stretch.
The numbers behind the surge The trajectory was steep from the start. Uniswap racked up roughly $250 million in trading volume during its first week on Robinhood Chain, then saw a single-day explosion to approximately $500 million on July 8. That one-day spike ranked the chain’s Uniswap activity second only to Ethereum mainnet.
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Uniswap’s total value locked on Robinhood Chain topped $30 million by July 10. The broader chain’s TVL cleared $106 million during the same window.
All four of Uniswap’s protocol versions, v2, v3, v4, and UniswapX, were live from day one as the primary public automated market maker.
The trading activity wasn’t driven by a single catalyst. Two categories dominated: tokenized stocks and memecoins.
Why Robinhood Chain matters for DeFi Robinhood Chain is built on Arbitrum’s Layer 2 technology, giving it 100-millisecond block times.
The UNI governance token responded accordingly, climbing as much as 14% during the volume surge.
What this means for investors The tokenized stocks angle deserves particular attention. If traders on Robinhood Chain can seamlessly swap between memecoins and tokenized equities using the same DEX interface, that blurs the line between traditional brokerage services and DeFi in ways regulators will almost certainly want to examine.
The $106 million in total chain TVL is still modest compared to established L2s like Arbitrum One or Base, which hold billions.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A new platform called Solana Music is preparing to launch with an ambitious goal: take on Spotify’s dominance in music distribution and monetization. The project plans to leverage the Solana blockchain to let artists distribute and earn from their work, bypassing the traditional intermediaries that have defined, and frustrated, the music industry for decades.
The Nina Protocol cautionary tale Anyone evaluating Solana Music’s chances should study Nina Protocol carefully. Launched in 2021 on Solana, Nina was built on nearly identical principles: artist-first distribution, zero commission on sales, full revenue retention for creators. Co-founded by Jack Callahan, Mike Pollard, and Eric Farber, all from DIY music backgrounds, the platform earned the nickname “Bandcamp for the Discord generation.”
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Nina did a lot of things right. It evolved meaningfully over time, adding fiat and USDC payment support in its version 2 update in late 2023. A mobile app followed in 2024. By late 2025, the platform had attracted roughly 40,000 monthly users and hosted over 20,000 music releases.
And yet, on May 28, 2026, the Nina team announced a phased shutdown beginning in mid-July 2026. Despite meaningful growth, the project couldn’t overcome the fundamental challenges of building a sustainable business at the intersection of blockchain and consumer music.
What Solana Music needs to get right Third, and this is the one that ultimately sank Nina, there’s the sustainability question. Platforms that take zero commission need alternative revenue models. Nina notably never launched a dedicated token, which may have limited both its fundraising options and its ability to bootstrap network effects through token incentives.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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TLDR: CASHCAT price moved toward $0.20 after an early trader sold 15.04 million tokens for 580 ETH, converting an initial $838 purchase into about $1.04 million. The completed sale produced an estimated 1,183x return, although the same holdings could have reached about $2.9 million at a later market valuation. CASHCAT has expanded from Robinhood Chain to Solana through Sunrise, giving the token access to new wallets, exchanges, and liquidity pools. Hyperliquid has introduced CASHCAT perpetual futures with up to 3x leverage, adding short exposure and greater liquidation risk during volatile sessions. The CASHCAT price climbed toward $0.20 on July 11 after an early trader recorded one of the token’s largest documented exits. The wallet turned a 0.49 ETH purchase, worth about $838, into 580 ETH valued near $1.04 million. The completed sale delivered an estimated 1,183x return.
Bitcoin held near $64,000, while Ethereum traded close to $1,800. The CASHCAT price gained about 15% over 24 hours, strongly outperforming the wider market.
The rally also comes as CASHCAT expands beyond Robinhood Chain. Solana access through Sunrise and a new Hyperliquid perpetual market have widened its trading routes.
Lookonchain reported that the wallet bought 15.04 million CASHCAT with 0.49 ETH. It later sold the full position for 580 ETH, securing more than $1 million in realized profit. The tracker estimated that holding longer could have lifted the position’s value near $2.9 million.
The full exit matters since many meme coin success stories rely on unsold balances. This wallet converted the entire position back into ETH. That move provides a clearer measure of realized gains during the CASHCAT price rally.
Lookonchain also suggested the wallet could belong to crypto creator Brian Jung. No public on-chain evidence confirms that link. Jung separately posted that he cashed out more than $1 million from CASHCAT and missed an additional seven-figure upside.
Other early traders show the timing risk around the Robinhood Chain token. One wallet reportedly turned an $86 purchase into about $1.6 million after selling part of its holdings. Another trader sold 20 million tokens for only $711 before the same balance later reached a multimillion-dollar estimated value.
Solana Expansion Adds New Liquidity and Trading Routes CASHCAT began as a community token linked to Robinhood’s earlier Cash Cat name. Its story gained traction after Robinhood Chain launched and attracted trading across new ecosystem assets. The Solana meme coin now trades across more than one venue and network.
Solana confirmed that CASHCAT went live through Sunrise. The platform brings external assets onto Solana through issuer-designated canonical tokens. The listing gives users access through Solana wallets, aggregators, and decentralized exchanges.
Hyperliquid added CASHCAT perpetual futures with leverage capped at 3x. Traders can now take long or short exposure without holding the spot token. Derivatives may lift turnover, although they also create faster liquidation risk during sharp price moves.
CASHCAT price traded near $0.199 during the latest DEX Screener check. The Robinhood Chain pair held about $11.5 million in liquidity and a market capitalization near $197.8 million. Its 24-hour volume reached roughly $31.9 million, split between $16.3 million in buys and $15.6 million in sells.
Source: Coingecko That liquidity remains small compared with the token’s market value. Large exits can therefore move the CASHCAT price quickly, especially after leveraged markets attract short-term traders. Copycat contracts on Solana also raise verification risks for buyers searching the ticker across different pools.
Key Takeaways Ethereum stands as the dominant smart contract platform with strong institutional backing and an established DeFi landscape Solana delivers thousands of transactions per second with minimal costs, attracting gaming and consumer-focused applications Ethereum represents a more conservative choice; Solana carries greater risk alongside potentially larger returns Developer activity continues to strengthen across both networks as their ecosystems evolve A growing number of investors maintain positions in both assets instead of choosing a single blockchain Ethereum holds the position as the premier smart contract platform globally. It supports countless decentralized applications, DeFi protocols, and NFT marketplaces. Additionally, it serves as the foundation for numerous tokenized real-world assets and corporate blockchain initiatives.
Ethereum (ETH) Price Ethereum transitioned to a Proof-of-Stake consensus mechanism, dramatically reducing energy consumption while enabling token holders to generate staking income. The platform boasts crypto’s most extensive developer base and maintains billions locked within DeFi protocols.
The primary challenges facing Ethereum include elevated transaction costs during network congestion and processing speeds that lag behind more recent blockchain platforms.
Solana emerged specifically to address these performance and affordability limitations. The network processes thousands of transactions every second while maintaining exceptionally low fees. This capability has positioned it as a preferred platform for gaming applications, payment systems, meme tokens, and consumer-oriented products.
Solana’s developer ecosystem has expanded rapidly. Institutional participation has increased significantly, with many industry observers considering it Ethereum’s primary long-term competitor.
Solana (SOL) Price The platform’s weaknesses include a comparatively smaller overall ecosystem and heavier reliance on sustained network expansion to support its valuation.
Evaluating Growth Trajectories and Risk Profiles Ethereum typically receives recognition as the more conservative option. It currently dominates in institutional acceptance, DeFi infrastructure, and asset tokenization. Should blockchain technology achieve deeper integration into worldwide financial systems, Ethereum stands well-positioned to capitalize.
Solana potentially offers greater appreciation prospects. The platform remains earlier along its development path. Should developers continue building applications and consumer adoption accelerate, potential gains could exceed Ethereum’s — though accompanying risks are similarly elevated.
These two blockchains address somewhat distinct market segments. Ethereum commands institutional finance and sophisticated decentralized applications. Solana has established dominance in rapid, cost-effective consumer transactions and decentralized exchange activity.
Certain investors perceive them as direct competitors for identical user bases. Others recognize them as fulfilling separate requirements and maintain exposure to both networks.
Single Position or Diversified Approach? Numerous long-term cryptocurrency investors maintain holdings in both Ethereum and Solana. The rationale centers on each ecosystem addressing different market areas. Dual ownership mitigates the risk associated with concentrating on a single blockchain while providing participation in each platform’s expansion.
For those preferring reduced volatility and proven infrastructure, Ethereum presents the more convincing case. For investors seeking elevated growth potential who can tolerate additional risk, Solana offers a persuasive proposition.
Both platforms will likely maintain prominent positions within digital assets. The optimal selection depends on individual objectives, risk capacity, and investment timeline.
Cryptocurrencies exhibit extreme price volatility. Conduct thorough independent research and invest only capital you can afford to lose completely.
Quick Summary Bitcoin receives the largest allocation at 40% thanks to institutional adoption and proven market stability Ethereum captures 25% of the portfolio for its dominance in decentralized finance and smart contracts Solana claims 15% based on superior transaction throughput and expanding ecosystem Chainlink secures 10% for providing critical oracle services across blockchain networks Near Protocol takes 5% offering exposure to AI integration and Layer 1 innovation A cryptocurrency expert has detailed a strategic approach for distributing $1,000 across five digital assets plus a stablecoin buffer, designed to optimize both security and upside potential in today’s market environment.
Core Holdings: Bitcoin and Ethereum Anchor the Strategy [[LINK_START_1]]Bitcoin[[LINK_END_1]] commands the dominant position with a 40% allocation, representing $400 of the total investment. As the cryptocurrency sector’s flagship asset by market capitalization, it benefits from continuous institutional capital inflows via spot exchange-traded funds and corporate balance sheet acquisitions. Its established history and deep liquidity position it as the portfolio’s most reliable component.
Bitcoin (BTC) Price [[LINK_START_3]]Ethereum[[LINK_END_3]] claims the second-largest position at 25%, equating to $250. As the fundamental infrastructure supporting decentralized finance and the primary platform for asset tokenization, it remains the preferred choice for financial institutions experimenting with distributed ledger technology.
Combined, these two market leaders comprise 65% of the entire allocation. This substantial weighting acknowledges their relatively reduced volatility when measured against smaller market cap alternatives.
Solana captures 15% of the portfolio at $150. The network challenges Ethereum through superior processing speed and minimal transaction costs while establishing significant traction in decentralized finance, payment systems, and user-facing applications. Though it introduces elevated risk, it simultaneously offers greater appreciation potential should mainstream adoption accelerate.
Chainlink occupies 10% of the allocation at $100. Its decentralized oracle infrastructure serves as the critical bridge connecting blockchain networks with external data sources, proving indispensable for smart contract functionality and enterprise blockchain implementations. As the tokenization of tangible assets gains momentum, dependency on this data infrastructure layer may intensify.
Near Protocol completes the active holdings at 5%, representing $50. The project emphasizes artificial intelligence infrastructure alongside its Layer 1 blockchain capabilities. While it represents the portfolio’s most speculative and smallest position, it provides valuable exposure to the convergence of AI and cryptocurrency sectors.
Strategic Stablecoin Buffer Explained The remaining 5%, totaling $50, stays allocated in stablecoins. This isn’t merely a defensive position—it equips investors with immediate purchasing power during market corrections without requiring the liquidation of current holdings.
Cryptocurrency valuations can experience dramatic swings within compressed timeframes. Maintaining a modest cash-equivalent reserve delivers tactical flexibility when valuations decline.
Rationale Behind Multi-Asset Diversification No individual cryptocurrency can be certain to deliver superior returns. Distributing capital across five distinct assets with varying utilities and risk profiles helps contain potential losses if any single position underperforms.
[[LINK_START_4]]Bitcoin[[LINK_END_4]] and Ethereum establish the portfolio’s stable foundation. [[LINK_START_5]]Solana[[LINK_END_5]], Chainlink, and Near Protocol introduce enhanced appreciation opportunities accompanied by proportionally increased risk.
The allocation strategy mirrors present market dynamics. Institutional participation continues expanding, artificial intelligence is intersecting with blockchain technology, and infrastructure protocols are becoming increasingly fundamental to network operations.
This approach doesn’t pursue rapid speculation. Instead, it presents a methodical entry framework for investors with $1,000 seeking diversified cryptocurrency exposure while avoiding concentration in any single digital asset.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CRCL, COIN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Circle Internet Group (Nasdaq: CRCL), the stablecoin issuer behind USDC, said today that it has received federal approval to operate as a specific type of bank.
The move marks a major milestone in the further legitimization of digital assets like cryptocurrencies. But don’t expect to be opening a Circle checking account anytime soon. Here’s what you need to know.
What’s happened?Today, Circle Internet Group announced that it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a national trust bank. The OCC is an independent division of the U.S. Treasury, and its role is to oversee and regulate all national banks.
As Circle notes, the OCC’s approval and its designation as a national trust bank represent “a major U.S. regulatory milestone” for USDC, the world’s largest regulated stablecoin.
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Not only does the consent give Circle the highest level of institutional credibility it can receive—the OCC’s stamp of approval—it brings Circle’s regulation under a federal umbrella, meaning the company, acting as a national trust bank, doesn’t have to worry about complying with a patchwork of regulations across all 50 individual states.
Circle CEO Jeremy Allaire said the move “marks a defining step in bringing blockchain technology and digital assets into the core of the U.S. financial system.”
“Federal oversight of our trust bank sets a new standard for transparency, governance, and scale for Circle’s infrastructure and unlocks a new phase of adoption, where leading financial institutions can build on public blockchains with clarity and confidence,” he added.
This New Spinoff Is a Nuclear and AI Chip Beneficiary Worth WatchingSolstice Advanced Mat NASDAQ: SOLS announced an agreement to acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion, including the assumption of net debt, executives said on a conference call discussing the deal.
Under the terms outlined by Solstice President and CEO David Sewell, Element Solutions shareholders will receive $10 in cash and 0.5 shares of Solstice common stock for each Element Solutions share. Sewell said the consideration represents a 15% premium to Element Solutions’ closing price on Friday. Upon closing, Element Solutions shareholders are expected to own approximately 44% of the combined company.
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The combined company will operate as Solstice, with Sewell serving as chief executive officer. The board will include 11 directors, including Element Solutions CEO Ben Gliklich and two other designees from the Element Solutions board, subject to standard governance procedures. Solstice said it has fully committed financing in place and expects the transaction to close in the first half of 2027, pending shareholder approvals from both companies, regulatory approvals and other customary closing conditions.
Companies Point to Electronics and Data Center Demand Sewell said the transaction would create “a global advanced materials leader” with combined 2025 net sales of approximately $6.8 billion and adjusted EBITDA of $1.7 billion. He said the combined business would hold leading positions across end markets and be backed by more than 8,300 patents and pending applications.
Solstice framed the deal as an acceleration of its strategy following its separation as an independent company last October. Sewell said the acquisition would strengthen Solstice’s position in electronic materials, particularly across semiconductor fabrication, packaging, assembly and thermal management.
“Together, we will be able to deliver broader solutions, greater performance, and deeper co-innovation with customers,” Sewell said.
Executives emphasized secular demand tied to artificial intelligence, advanced computing and data center construction. Sewell said denser and higher-powered chips are driving demand for advanced packaging and new thermal management materials, while also increasing demand for data center cooling and power solutions. He said Solstice’s existing refrigerants and uranium conversion services are relevant to the broader data center build-out.
Element Solutions CEO Says Deal Is ‘Better Together’ Gliklich said Element Solutions did not put itself up for sale and was approached by Solstice. He described the deal as a strong strategic fit, citing complementary portfolios and customer relationships.
Element Solutions generates just over 70% of its revenue from electronics, Gliklich said, with the remainder from specialty businesses. Within electronics, he said about 75% of sales come from business-to-business enterprise markets, and more than 20% of total sales come from the data center market.
Gliklich said Element Solutions’ consumable products, qualification status and high switching costs help insulate the business from capital cycle volatility. He also highlighted recent portfolio actions, including the divestiture of its graphics business and the acquisitions of Micromax and EFC, as well as the addition of Kuprion technology.
“This is very much a better together story, one that comes at the right time to meaningfully accelerate all facets of our business,” Gliklich said.
Synergies and Financial Targets Solstice said it has identified more than $180 million in expected annualized run-rate cost synergies, net of costs, within three years of closing. Sewell said those synergies include:
Approximately $100 million from operational initiatives and operating model integration, including efficiencies across G&A, sales and marketing, and R&D; About $25 million from supply chain improvements, including raw material and procurement scale and copper recovery from deposition processes; About $20 million from footprint optimization; About $35 million from other initiatives. Solstice CFO Tina Pierce said the combined company, including expected run-rate synergies, is projected to have an adjusted EBITDA margin of approximately 26%. She said the company expects medium-term revenue growth at a mid- to high-single-digit rate, with adjusted EBITDA growing faster than revenue as synergies are realized. Pierce also said the transaction is expected to be accretive to adjusted earnings per share in the first year.
Pierce said Solstice expects net leverage of about 3.5 times at closing and plans to reduce leverage below 3 times within 18 months after closing. The company’s longer-term net leverage target is 2 times to 3 times.
Executives Address Integration and Portfolio Questions During the question-and-answer session, Sewell said the timing of the deal reflected customer demand for solutions in advanced electronics and the complementary nature of the two portfolios. He said the integration would be focused on growth, innovation and customers, while Gliklich said the integration appears “reasonably straightforward” based on preliminary work.
Asked about Solstice’s broader portfolio, Sewell said the company does not intend to become a pure-play electronics company. He said refrigerants and nuclear are connected to the data center opportunity through cooling and power needs, and he described Solstice as a “complete solutions provider” across attractive growth markets.
On revenue synergies, Sewell said there may be near-term cross-selling opportunities through each company’s customer relationships, while longer-term opportunities could require customer qualification processes that may take around two years. Pierce said only a relatively small amount of revenue synergy is built into the company’s financial model, which is more heavily underpinned by cost synergies.
Executives also said planned investments remain included in their model, including Element Solutions’ Kuprion facilities, Solstice’s nuclear expansion, the doubling of Solstice’s sputtering targets facility in Spokane and investments in next-generation lightweight body armor.
Sewell said Solstice does not anticipate regulatory issues, describing the transaction as “highly complementary.” Details such as the break fee are expected to be included in forthcoming disclosures.
About Solstice Advanced Mat NASDAQ: SOLSSolstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Shiba Inu investors are questioning the project’s direction after the Shibtoken X account shifted its attention from SHIB to promoting other meme coins.
The broader cryptocurrency market has weighed heavily on Shiba Inu in recent weeks, pushing the token toward the bottom of the top 30 cryptocurrencies by market cap.
Amid this prolonged downturn, many investors expected major ecosystem accounts to intensify SHIB-focused updates and strengthen community confidence. Instead, the Shibtoken account is once again promoting rival projects.
Shibtoken Account Promotes Competing Meme Coins Recently, the Shibtoken X account interacted with a post from a relatively unknown meme coin. It congratulated the project on its progress while praising its commitment to preserving meme culture through consistent development and community engagement.
Shortly afterward, the account commented on another little-known frog-themed meme coin, claiming it was superior to Pepe, one of the largest frog-themed cryptocurrencies.
Since the original post prominently displayed the token’s contract address, many community members interpreted the interaction as an indirect endorsement that exposed Shibtoken’s 3.8 million followers to a competing asset.
Shiba Inu X Account Community Questions the Purpose Behind the Promotions The promotions quickly triggered backlash across the Shiba Inu community. Many holders openly questioned the account’s handler, asking why an account closely associated with Shiba Inu would promote rival meme coins while SHIB continues to struggle in the market.
Several community members argued that such promotions divert attention from SHIB at a time when the token needs stronger visibility and ecosystem support.
Although the Shiba Inu ecosystem has repeatedly stated that the Shibtoken X account is not the project’s official account, many investors still associate it closely with Shiba Inu.
When the account launched in February 2021, it focused almost exclusively on SHIB-related updates. That strategy helped it grow its audience to more than 3.8 million followers and established it as one of the largest accounts covering the Shiba Inu ecosystem.
However, as SHIB’s market performance has weakened, the account has gradually expanded its attention to other cryptocurrencies. It has promoted non-SHIB tokens on several previous occasions, drawing criticism from community members who believe the account should remain dedicated to the Shiba Inu ecosystem.
SHIB Remains Under Heavy Bearish Pressure The latest controversy comes as Shiba Inu continues to face significant selling pressure.
SHIB currently ranks as the 30th-largest cryptocurrency, with a $2.59 billion market cap. The token trades at $0.000004398, while its 24-hour trading volume has fallen 3.83% to $48.63 million.
Market performance has also remained weak over longer timeframes. SHIB has declined 7.45% over the past month and 1.4% during the past week. Overall, the token remains 95.03% below its all-time high of $0.00008845.
Investors Call for Greater Focus on SHIB Given SHIB’s prolonged downturn, many investors believe influential ecosystem accounts should concentrate on promoting Shiba Inu rather than other meme coins.
Critics argue that the Shibtoken account is directing the attention of its millions of followers toward rival projects at a time when SHIB needs stronger community support.
Meanwhile, some of Shiba Inu’s most prominent figures, including lead ambassador Shytoshi Kusama and marketing strategist Lucie, have remained inactive on X for several months. Their absence has left much of the ecosystem’s public engagement in the hands of the broader community, further fueling investor concerns about the project’s visibility and communication strategy.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Trading activity on Shibarium-based decentralized exchanges (DEXs) is showing signs of recovery after daily volume surged by more than 1,500% within 24 hours.
According to data from DeFiLlama, Shibarium’s DEX trading volume jumped 1,517%, rising from just $17 on July 9 to $275 on July 10. Notably, Shiba Inu’s native decentralized exchange, ShibaSwap, accounted for the entire $275 in trading volume.
Although the figure remains insignificant compared to rival blockchain ecosystems that process tens of millions of dollars in daily DEX volume, the increase represents a notable improvement from Shibarium’s recent performance.
Trading Volume Recovers After Weeks of Inactivity The latest spike follows an extended period of minimal trading activity on the network.
Notably, Shibarium recorded no DEX trading volume from June 23 through the end of the month. Activity resumed at the beginning of July, but only $3 worth of trades were executed. Trading volume then climbed to $17 on July 9 before surging to $275 the following day, representing a 1,517% day-over-day increase.
While trading activity remains modest in absolute terms, the latest figures suggest that liquidity is gradually returning to the Shibarium ecosystem.
Shibarium DEX Volume Shibarium TVL and Transactions Soar Meanwhile, Shibarium’s decentralized finance (DeFi) ecosystem has also expanded in recent weeks. At press time, the network’s total value locked (TVL) stood at $24,014, representing an 11.71% increase from its June 27 level.
Additionally, TVL has risen by 1.50% over the past 24 hours, indicating continued growth in assets deposited across Shibarium-based protocols. Beyond decentralized exchange activity, overall network usage has also strengthened.
Data from Shibariumscan shows that daily transactions, which had remained below 2,000 since July 5, surged to 5,170 on July 10. This represents a 361% increase from the 1,120 transactions recorded on July 9.
Despite the recent slowdown, Shibarium has continued to process substantial on-chain activity throughout its lifetime. The network has now recorded more than 1.56 billion total transactions across approximately 18.06 million blocks.
The simultaneous rise in DEX trading volume, TVL, and daily transactions suggests that activity across the Shibarium ecosystem is gradually recovering after a prolonged period of weak on-chain engagement.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Shiba Inu community veteran Mazrael highlighted Japan's latest crypto push, which stands to benefit Shiba Inu.
According to Mazrael, Japan just took another major step toward becoming one of the world's most crypto-friendly economies.
🇯🇵 Japan just took another major step toward becoming one of the world's most crypto-friendly economies.
• Crypto is being recognized as regulated financial products.
• The government is moving toward legalizing crypto ETFs.
• SHIB is already on Japan's JVCEA Green List,… https://t.co/A05BOgkjdc pic.twitter.com/Gkxqam60kJ
— Mazrael.Shib (@Mazrael_shib) July 11, 2026 This comes as cryptocurrencies are recognized as regulated financial products in the country. Last month, Japan's House of Representatives passed a bill that moves crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act.
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The new rules, due to come into force next year, would treat crypto assets as financial instruments, subjecting them to lower taxes and stricter trading rules. They also open the door to new products such as exchange-traded funds (ETFs).
Mazrael also highlighted Japan's push toward legalizing crypto ETFs. Japan is getting closer to bringing cryptocurrency further into its mainstream financial system after indicating support for crypto exchange-traded funds. Finance Minister Satsuki Katayama stated the government is working on a legal framework to allow these investment products in the domestic market.
Big win for SHIB?Japan has over 14 million open cryptocurrency accounts, with low- to middle-income retail customers driving the growth.
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Shiba Inu is positioned to benefit from this growing market as it is already on Japan's JVCEA Green List, which makes it easier for regulated platforms in the country to list. JVCEA said it had added Shiba Inu to the Green List last November. This is significant as being on the list is like getting a fast pass for Japanese exchanges.
SHIB is also available through Mercoin, a Tokyo-based subsidiary of Japan's massive e-commerce and marketplace app Mercari, thus expanding access across Japan.
Japan opened a major door for SHIB in April with its listing on Rakuten Wallet, a cryptocurrency trading platform owned by Japan's Rakuten Group. Shiba Inu is now utilized in the ecosystem, which includes Rakuten Pay with 44 million users, allowing SHIB to reach people who have never even thought about crypto.
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The AI data center buildout is minting a second tier of winners that most retail investors still haven’t priced in. While the crowd fights over GPU tickers, the money is quietly flowing into the plumbing: RF, optical, custom silicon, PCIe retimers, wafer-scale compute. Consider that Arm Holdings (NASDAQ:ARM | ARM Price Prediction) alone now sees over $2 billion in customer demand for its AGI CPU across FY27-FY28, with the data center CPU market pegged at more than $100B by 2030. That is one company, one product line. The following five names sit directly on the fuse.
1. MACOM Technology Solutions Start with the name almost nobody puts on their AI list. MACOM Technology Solutions (NASDAQ:MTSI) builds the RF, microwave, analog and optical semiconductors that increasingly show up in hyperscaler switch cages and pluggable optics. As 800G migrates to 1.6T and copper interconnects hit their reach limits inside AI racks, MACOM’s analog and light-wave content per rack goes up, not down. This is the shovel play behind the shovel play.
Fiscal Q2 2026, reported May 7 was the tell. Revenue hit $288.95 million, up 22.5% year over year, adjusted gross margin expanded to 58.5%, and management guided fiscal Q3 to $331M to $339M in revenue with adjusted EPS of $1.31 to $1.37. The Street is catching up: analysts carry a consensus target of $403 with three strong buys and nine buys against zero sells.
The chart tells the rest. Shares are up 76.32% year to date through July 10, yet the stock trades at a forward multiple of 45x, well below the pure-play AI silicon cohort. The heavyweight comes next, and it has already tripled.
2. Marvell Technology Marvell Technology (NASDAQ:MRVL) is the custom silicon partner every hyperscaler wants on speed dial. Its portfolio spans 800G and 1.6T scale-out optics, 51.2T Ethernet switches, NPO and CPO optical solutions, and custom XPU designs, which puts Marvell directly inside the AI cluster. The February acquisitions of Celestial AI (photonic fabric) and XConn Technologies bolted on the exact optical interconnect IP that determines who wins the next generation of scale-up fabrics.
Q1 FY2027, reported May 27 put numbers behind the thesis. Revenue reached $2.418 billion, up 27.6% year over year, with the data center segment contributing $1.83 billion, or 76% of revenue, up 27% year over year. Management guided Q2 to $2.70 billion. On the call, CEO Matt Murphy told investors, “We are seeing exceptional AI-related bookings, and as a result, we are significantly raising Marvell’s revenue outlook for both fiscal 2027 and fiscal 2028”.
The stock is up 163.80% year to date and 221.44% over the past year. Yet with 31 Buy ratings and seven Strong Buy ratings against a consensus target of $252.26, sell-side conviction remains intact. The next name doesn’t build chips at all. It taxes them.
3. Arm Holdings Every custom AI CPU shipping in volume in 2026 runs on Arm Holdings IP. NVIDIA Vera, Google Axion, Microsoft Cobalt: all Arm-based. Arm collects a license upfront, then a royalty on every unit shipped, forever. That is the toll-booth model, and the toll booth is now sitting on the fastest-growing road in tech.
Q4 FY2026, reported May 6 delivered revenue of $1.49 billion, up 20.1% year over year, with licensing revenue of $819 million, up 29% and data center royalty more than doubling year over year. CEO Rene Haas framed the setup bluntly: “As AI becomes more agentic, demand for Arm AGI CPU, Arm’s first data center chip, has exceeded expectations, reinforcing Arm as the compute platform for the AI era.” Meta is the lead partner.
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General Motors, POSCO, and 50,000+ everyday investors have already backed lithium producer EnergyX.
Here's why you should do the same before their July 16 investment deadline: lithium prices are up 75% this year, with demand projected to grow a staggering 5X by 2040.
With tech that can recover up to 3X more lithium than traditional methods, EnergyX is preparing to unlock up to 15M+ tons. Become a private-stage EnergyX investor before the July 16 deadline.
Shares are up 181.87% year to date. Valuation is stretched at 137x forward earnings, but the analyst pool holds seven Strong Buy ratings and 20 Buy ratings. Retail is here too: Reddit sentiment on r/wallstreetbets rebounded to a bullish 74 by June 27 after a brief regret-post-driven dip. The next stock is the one connecting all of these chips inside the rack.
4. Astera Labs Astera Labs (NASDAQ:ALAB) makes the retimers, smart cable modules, and fabric switches that keep PCIe 6 and CXL links alive inside AI servers. When rack density climbs and every XPU wants to talk to every other XPU at line rate, Astera’s silicon is what makes it possible. In May, the company launched the Scorpio X-Series 320-lane Smart Fabric Switch targeting a $20B merchant scale-up market by 2030. That is not a niche.
Q1 2026 was a statement quarter. Revenue reached $308.36 million, up 93.4% year over year and 14% sequentially, non-GAAP EPS came in at $0.61 versus $0.54 expected, and operating income jumped to $61.8M, up 447.9% year over year. Management guided Q2 to $355 million to $365 million. Astera has beaten consensus in every one of its ten reported quarters, with surprise percentages that show sell-side models can’t keep up.
Shares are up 129.99% year to date and 325.65% over the past year, with a 24.82% pop in the last month alone. The last name on this list builds the entire AI system itself.
5. Cerebras Systems And here it is: the payoff. Cerebras Systems (NASDAQ:CBRS) went public in Q2 2026, raising $6.4 billion, backed into the AWS ecosystem with a partnership pairing Trainium 3 with the Cerebras CS-3, and then locked in a multi-year OpenAI deal for 750MW of inference compute valued at more than $20B. OpenAI also extended Cerebras a $1B working capital loan in January 2026. Wafer-scale has graduated into the AI inference backbone OpenAI chose. Q1 2026 revenue printed at $193.4M, up 94% year over year, with Cloud and Other Services up 178% to $82.8M. The full-year 2026 guide sits at $855M to $865M, roughly 69% growth at the midpoint. CEO Andrew Feldman put it plainly: “Cerebras’ wafer-scale technology delivers the fastest AI in the world… This is the Cerebras mission.”
The setup is asymmetric. Shares have already pulled back 30.86% since the May 14 IPO peak as retail digested guidance that forecast shrinking margins, with the Reddit sentiment score cratering to 35 on IPO day. Analysts see a target of $291.09, well above the current price. When the largest AI lab in the world writes you a $20 billion contract and a $1 billion loan, gross margin compression in year one is a footnote, not a thesis.
The Bottom Line The AI datacenter trade has moved past the GPU. It now runs through RF and optical content, custom XPU silicon, licensed CPU cores, PCIe fabrics and wafer-scale inference clusters. Every one of these five names is already accelerating revenue, and four of the five have outperformed the market year to date. The window on the “under the radar” framing is closing quickly as sell-side targets catch up to shipment reality. Keep an eye on the group into the next earnings cycle.
Meet America's Newest $1b Unicorn (Sponsor) A US startup just passed a $1 billion private valuation, joining billion-dollar private companies like OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but only until July 16.
Over 50,000 people already have, along with global giants like General Motors and POSCO.
Here's why there's so much interest: EnergyX's patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Become an early-stage EnergyX shareholder before the 7/16 investment deadline.
Investors who bought SpaceX (NASDAQ: SPCX) stock at its initial public offering (IPO) price one month ago have seen a modest gain despite significant volatility since the company’s market debut.
In this line, a $1,000 investment made at SpaceX’s IPO price of $135 per share on June 11, 2026, would now be worth approximately $1,076, reflecting a gain of about 7.6% based on the closing price of $145.30.
SpaceX 30-day stock price chart. Source: Finbold The return comes after a turbulent first month of trading for the aerospace giant, whose highly anticipated public debut became the largest IPO in history.
SpaceX raised about $75 billion in its IPO, debuting with an initial valuation of roughly $1.77 trillion.
Investor demand was strong, with shares opening near $150 and closing their first trading day around $161, lifting the company’s market capitalization above $2 trillion.
The rally continued in subsequent sessions, with SPCX reaching intraday highs near $225 before pulling back due to broader market weakness and profit-taking.
Despite the decline, the stock remains above its IPO price, leaving early investors in profit even as shares trade well below their post-listing peak.
While early IPO participants are still profitable, investors who purchased SpaceX stock at the close of its first trading day have experienced a different outcome.
A $1,000 investment made at the first-day closing price of approximately $161 would now be worth about $902, representing a decline of nearly 10% over the same period.
SpaceX stock fundamentals Investor interest in SpaceX remains tied to several key growth drivers. The company continues to dominate the commercial launch market through its Falcon rocket program while rapidly expanding its Starlink satellite internet business, which has become a major revenue contributor.
At the same time, investors are closely monitoring progress on Starship, the company’s fully reusable spacecraft designed to dramatically reduce launch costs and support future missions to the Moon and Mars.
Additional growth expectations are linked to potential artificial intelligence infrastructure projects and broader space-based communications initiatives.
However, these opportunities come with execution risks. SpaceX continues to invest heavily in next-generation technologies, and any delays in major programs could weigh on future performance.
The stock’s first month as a public company has already demonstrated how quickly investor sentiment can shift when expectations are exceptionally high.
With the company expected to report its first earnings results as a public entity later this year, investors will be looking for evidence that SpaceX can translate its technological leadership into financial performance capable of supporting its multi-trillion-dollar valuation.
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On July 1, several media outlets reported that Meta Platforms (META +6.16%) was forming a new business unit, internally dubbed "Meta Compute", to sell its excess AI cloud capacity to third-party customers. Meta will reportedly sell both its raw GPU computing capacity and remote access to its infrastructure to companies so they can run their own AI models.
Shares of CoreWeave (CRWV 0.87%), a leading neocloud provider that provides many of the same services, have dropped nearly 11% since that news broke. Does that pullback represent a buying opportunity or a dire warning for the company's future?
Image source: Getty Images.
Why did Meta's strategic shift crush CoreWeave's stock? Meta's strategic shift surprised CoreWeave's investors, since Meta had just agreed to pay CoreWeave $21 billion through 2032 for its neocloud services this April. Meta also struck a similar multi-billion dollar deal with another neocloud company, Nebius (NBIS +1.60%).
Therefore, it might initially seem odd for Meta to sell its own cloud computing power when it clearly needs it. Meta's agreements with CoreWeave and Nebius also prohibit it from reselling any of that cloud computing power, so it can only sell the excess AI cloud capacity at its own first-party data centers.
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However, Meta plans to invest up to $145 billion this year in expanding its own AI infrastructure. As it builds more data centers, some of those servers will remain idle until they're fully utilized by its social networking platforms and AI services.
To avoid wasting too much cash and energy on underutilized servers, Meta wants to rent them out to third parties -- a move that could transform it into a formidable competitor to companies like CoreWeave and Nebius. CoreWeave's other major customers, such as Jane Street and IBM (NYSE: IBM), could also eventually follow the same playbook if they decide to expand their cloud infrastructure.
On the bright side, CoreWeave's largest customer -- Microsoft (MSFT +0.15%) -- probably won't do the same thing because it's already one of the world's biggest cloud infrastructure companies. Instead, CoreWeave will continue to serve as an "overflow tank" for its cloud services.
Does the pullback represent a buying opportunity? From 2025 to 2028, analysts expect CoreWeave's revenue to surge from $5.1 billion to $40.3 billion as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) soars from $3.1 billion to $25.7 billion. With an enterprise value of $91.2 billion, it still looks like a bargain at 7 times and 13 times this year's revenue and adjusted EBITDA, respectively.
Meta's move is alarming, but it doesn't break the bullish thesis for CoreWeave. Even if Meta sells its idle computing power to cut costs, it doesn't indicate that other companies will eagerly tether themselves to the social media giant's infrastructure. Instead, independent neocloud players like CoreWeave and Nebius should remain appealing choices as the AI market expands -- so this pullback could be a great buying opportunity.
Leo Sun has positions in Meta Platforms. The Motley Fool has positions in and recommends International Business Machines, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.
On an early morning in January, Jake Linsley woke up to a text from Amazon that was lighting up his phone.
"I thought it was saying, 'Your package is delayed,'" Linsley said in an interview. "I read it again and was like, 'Holy s---, I got fired.'"
Linsley, who worked as a finance manager at Amazon for nearly six years, was one of roughly 16,000 employees swept up in the company's mass layoffs in late January. Combined with the more than 14,000 staffers let go three months earlier, it marked the steepest cuts in Amazon's history.
As an Amazon employee, Linsley was part of an American corporate elite: working for a tech giant with opportunities for growth, promotion, high salaries and enviable perks. But he and the other laid-off workers suddenly entered the harsh reality of a job market being rapidly reshaped by artificial intelligence — and competing with hordes of others who had been let go b Meta, Salesforce and Cisco. In some cases, the jobs they'd been hired to do simply don't exist anymore. And the tech giants continue to cut roles in part to fund the hundreds of billions of dollars they're investing in AI.
The tech sector has laid off roughly 140,000 employees in the U.S. so far this year, more than any other industry, according to consulting firm Challenger, Gray & Christmas. In May, layoffs across the industry reached their highest for any month since August 2024, before easing in June.
AI was the main reason companies gave for the cuts for a fourth straight month, Challenger said in a report last week. The firm said AI has been cited in about 23% of all job cut announcements in 2026.
"Tech remains the epicenter of this year's cuts," Challenger said. "AI is the dominant force as companies are restructuring around it, automating roles and reallocating budgets toward new capabilities. The sector is being reshaped in real time."
Amazon has been downsizing more aggressively than many of its peers, laying off more than 57,000 staffers since 2022, or roughly 16% of its corporate workforce. According to data from the website Layoffs.fyi, Amazon has accounted for about 13% of the tech industry's cuts this year.
Amazon CEO Andy Jassy has warned employees that AI "should change the way our work is done," and that in the next few years, efficiency gains from the technology "will reduce our total corporate workforce." The company has looked for ways to unwind its pandemic-era hiring binge and eliminate bureaucracy so that it can operate like "the world's largest startup."
CNBC spoke to more than a dozen people laid off by Amazon over the past eight-plus months about how they've navigated the job market at a time of swelling industry unemployment and, for many, a sense of diminishing opportunity.
While some have since landed roles at places like Apple or Salesforce, others are staring at hundreds of unanswered job applications and roles with pay cuts. Some described the dark irony of going all in on AI at Amazon only to find themselves replaced by it.
Montana MacLachlan, an Amazon spokesperson, said in a statement that the cuts were made to ensure the company can move fast and serve customers. Amazon continues to hire and invest in strategic areas that are critical to its future, she added.
"We don't make decisions to eliminate roles lightly, and we work hard to support employees who are impacted," MacLachlan said.
AI wasn't the reason for the vast majority of the layoffs, Amazon said.
Linsley's job search lasted for about three months, before he took a position in April as a vice president at a health-care IT startup.
"I'd rather have a stable job than one that can grow 5x and disappear overnight," he said.
The job huntCourtney Haeflinger applied to hundreds of jobs but struggled to land interviews.
For months after she was laid off from Amazon Web Services in January, she'd begin her day in front of her computer at 8:30 a.m., diligently scanning job boards and refreshing her inbox, hoping to hear back from recruiters.
As soon as a job was posted, there would quickly be 200 to 300 applicants, Haeflinger said. She couldn't tell if it was due to the raft of unemployed workers, or if bots were running wild.
"It makes it harder for us as real job seekers to get in the door," said Haeflinger, 49, who landed a job last week at AT&T. "It's frustrating."
In the months after her departure from Amazon, the pace of cuts across the industry turned a difficult task into a seeming impossibility.
Haeflinger applied for a few jobs at Meta, around the time the company was announcing plans to eliminate 10% of its staff. A job at Oracle came across her feed. But when she saw the software vendor was cutting thousands of jobs, she hesitated to apply.
watch now
Amazon, meanwhile, has continued to downsize through smaller rounds, slashing roles in customer service in April, followed by cuts in the third-party seller support division in May, according to people familiar with the matter who asked not to be named because the layoffs weren't made public.
The company laid off 57 employees in its home state of Washington between May and early June, according to a WARN filing released Monday. The filing doesn't indicate what units were impacted, but software engineers, program managers and product roles were among the job titles listed.
Dorian Smith was only out of work for about a month after getting laid off by Amazon in January, but he said it was a humbling experience that drove him to take a job at a late-stage startup.
Smith said he'd thought of Amazon as a "lifelong career," having worked his way up in customer service to a job as a web development engineer over his 10-plus years at the company.
"It was almost heartbreaking in a way because my identity felt tied to that job," Smith said.
He applied to at least 250 jobs and only heard back from four companies, all with "generic rejection emails," Smith said. He ultimately connected with a recruiter after posting on LinkedIn, which led him to the startup world.
"I always had this thought of, 'I have Amazon on my resume, this prestigious thing,'" Smith said. "But when this layoff happened, it was like, 'OK, big deal, so do 30,000 other people.'"
'New era' of softwareFor some former Amazon workers, the layoffs provided an opportunity to reset.
Yogesh Verma, a former AWS engineer who lost his job in January, called it a "blessing in disguise." The 25-year-old said he soured on Amazon as it enacted a strict return-to-office policy, pressure around AI usage grew and employees were tasked with "building new products haphazardly."
"Initially, it felt like, 'Oh, what am I going to do now,' but it gradually turned out for the better," Verma said. "The workload was getting higher and higher, and the work-life balance was also getting worse."
In April, Verma took a slight pay cut to join an AI marketing company that he said offers a "good environment," hybrid work options and an opportunity to learn new skills.
A former director in Amazon's advertising unit who was laid off in October — and who wished to remain anonymous in order to not jeopardize his job search — said working for a big tech company was a "life changer," but that the job had become a drain on his mental and physical health.
He said he's taking time off to strengthen his AI coding skills, so that when he reenters the job market, he's better equipped for "software development in this new era."
Chris DeSantis, who worked as a senior product manager for nearly four years, said he's "happy to take less money" if it means he can work for a company that's closer to the cutting edge of AI. DeSantis, 32, was laid off from Amazon's retail organization in January.
"When you look at these companies and what they're doing with AI, people like us, engineers and technical product managers, we want to be doing the fun stuff, building things super fast," DeSantis said. "It used to be that going to the bigger companies was that, but now, at least based on the organization I was in, we weren't close to doing the fun stuff."
Whether it's fun or not, AI has taken over the halls of Amazon.
Jassy, who replaced founder Jeff Bezos as CEO in 2021, has urged employees to "use and experiment with AI whenever you can," and figure out ways to "get more done with scrappier teams."
AWS has released a slew of AI tools mostly targeted for enterprises, while also striving to develop more competitive AI models and putting Amazon at the center of the surge in demand for AI compute. The company has infused AI across more surfaces of its e-commerce website, including the search bar, and has revamped its aging Alexa digital assistant with more conversational and agentic features.
'Rat race'While the AI blitz is viewed as essential to keep Amazon relevant in the next era of technology, life at the company now resembles a "rat race," in the words of a current software engineer, who asked not to be named in order to speak candidly on the subject.
Some Amazon managers track employees' AI activity via internal dashboards, and are instructed by leaders to remind their teams to adopt the tools as much as possible, with certain teams factoring usage into performance reviews, three current and former employees said.
A former AWS engineer who was laid off in January and also asked to remain unnamed said it had become "abundantly clear that the priority was AI everywhere, regardless of whether it really helped or made sense."
At the same time, Amazon and other companies are reckoning with the high costs of AI and have taken steps to rein in so-called tokenmaxxing, where developers use AI as much as possible with little regard to output.
Another former engineer at AWS said Amazon added badges to its internal "phone tool" directory that scored employees' usage of its AI apps called Q, based on the number of tokens they consumed.
In late May, Amazon shut down a similar phone tool leaderboard, called Kirorank, after it discovered employees were tokenmaxxing to climb up the ranks.
As it slashes its corporate workforce, Amazon has ramped up its hiring in lower-cost countries like India, according to three former employees who described that dynamic in the organizations where they worked. One of those people — a former manager who was laid off in May — called it a "no-brainer," as the company knows that, compared to Seattle, it can hire people in India at a "fraction of the cost."
DeSantis, the laid-off product manager, said he adopted a "survivalist mentality" after making it through six rounds of job cuts during his time at Amazon. When his time finally came, DeSantis said he did his best not to take it personally.
"It really is kind of bizarre when it does happen to you," DeSantis said. "When you look back, it's like there's nothing you could've done."
New York, New York--(Newsfile Corp. - July 11, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Microsoft Corporation (NASDAQ: MSFT) between May 1, 2025 and January 28, 2026, inclusive (the "Class Period"), of the important August 11, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Microsoft common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Microsoft's Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (2) Microsoft's flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (3) Microsoft needed to increase by billions of dollars its capital expenditures and divert graphics processing unit ("GPU") and central processing unit ("CPU") capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related research and development ("R&D"); and (4) as a result, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and Microsoft's Copilot offerings had lost market share to rival products, a trend that was increasing. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Source: The Rosen Law Firm PA
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I expect an excellent Q2 earnings report from Citigroup. However, I believe this is already priced in to the share price. Citi's overall profitability metrics don't support too large of a P/E multiple or premium to book value.
SummaryKyber delay concerns remain unconfirmed, while Nvidia maintains its roadmap and $91 billion quarterly revenue outlook.Nvidia's second AI wave expands beyond hyperscalers into enterprise, sovereign AI, and agentic applications globally.AI Cloud, Industrial, and Enterprise revenue grew 31% sequentially, while AI Cloud revenue tripled year-over-year.Nvidia's ecosystem, software moat, and AI factory strategy support growth beyond traditional GPU demand cycles. PonyWang/iStock via Getty Images
Introduction The industry is still thinking about Nvidia (NVDA) in the context of the first wave of AI, where demand was largely limited to a select group of hyperscalers looking to train ever-more complex foundation
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
AT&T (T +1.92%) isn't a stock that usually makes headlines. But lately it has been pulled into one of the market's hottest stories, SpaceX (SPCX 4.51%), and the result is a beaten-down share price and a mouth-watering dividend yield.
At about $21 as of this writing, just above its 52-week low of $19.89, AT&T's $1.11 annual dividend yields about 5.3%. Part of the reason the stock sits so low is a growing worry that SpaceX's satellite network could eventually eat into AT&T's business.
So is that fear justified? And with the yield this high, is the dividend safe? Those are the two questions that matter for income investors here.
Image source: Getty Images.
How real is the SpaceX threat? Capturing the concern weighing on the stock, Oppenheimer downgraded AT&T stock in June, pointing to SpaceX's Starlink satellites as a structural threat to the telecom's long-term broadband and wireless growth. SpaceX has been developing a direct-to-phone service, and it is reportedly plans to launch a Starlink mobile service for U.S. consumers.
That is worth taking seriously. A satellite network that can beam service straight to ordinary phones, with no cell towers required, could chip away at a traditional carrier over time.
But this threat could take years to morph into something meaningful, if it does at all.
Just how significant is the threat? Oppenheimer estimated that AT&T's fiber build could top out nearer 50 million homes rather than 60 million-plus management targets by 2030.
Those are meaningful figures, but they play out through 2030, not the next few quarters. They also sit against a business that is currently growing, not shrinking.
Here's what AT&T is actually doing right now. In the first quarter of 2026, revenue rose about 3% year over year, adjusted earnings per share climbed nearly 12%, and the company posted its best-ever first quarter for advanced connectivity internet net additions. Additionally, it ended the quarter with more than 37 million fiber locations and reaffirmed its target of 60 million by 2030 -- the very number Oppenheimer doubts it will reach. Far from being disrupted, AT&T's core businesses are among its brightest spots.
Is the yield safe? For income investors, this is the question that counts.
The good news is that the dividend looks well protected. AT&T expects to generate more than $18 billion in free cash flow this year, while its dividend costs about $8 billion. That is a payout of less than half of free cash flow -- comfortable coverage, even with the company investing heavily in its network and buying back stock. On top of the dividend, management plans about $8 billion in buybacks this year, another way it returns cash to shareholders. Measured against profit, the payout is just as comfortable: AT&T earned about $2.99 per share over the past year against a $1.11 dividend, well under half its earnings.
It's true that free cash flow dipped in the first quarter, to $2.5 billion from $3.1 billion a year earlier, as capital spending rose. That dip reflects investment in the very fiber and wireless network winning those customers, not a business in trouble. Management still expects capital spending of $23 billion to $24 billion for the year and free cash flow above $18 billion.
The valuation adds to the appeal.
AT&T trades at about 7 times trailing earnings and 9 times expected earnings -- a deep discount to the broader market, which sits in the low-to-mid 20s. That kind of multiple is normal for a no-growth telecom, yet AT&T is still growing, which makes the discount look overdone. For a profitable, cash-generative business, that is cheap.
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So, is AT&T stock oversold?
I think so. The concern is legitimate, and satellite-to-phone technology is worth watching. But it is a slow-moving, decade-long risk, and the market is arguably pricing it as if it were imminent, into a stock whose advanced connectivity internet business just posted a best-ever first quarter for net additions. For income investors who can tolerate a slow grower, a well-covered yield above 5% from a stock trading near a 52-week low looks more like an opportunity than a trap.
AT&T won't grow quickly, and I wouldn't expect much from the share price, but the dividend, at least, looks like it's on solid ground.
It was only this past February that Walmart (WMT +1.48%) surged to a market capitalization of more than $1 trillion. That milestone is rarefied air: Just a handful of companies have ever reached that mark. Walmart was shining bright on Wall Street as its e-commerce and digital advertising businesses boomed, and shareholders were thrilled.
Now, just five months later, Walmart has shed more than $100 billion in market cap, and its market cap recently dipped below $900 billion. The main reason for that slide was that Wall Street had unreasonably high expectations for the retail giant.
So, should investors be concerned or see this as an opportunity to buy Walmart at a better price?
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In Walmart's fiscal 2027 first quarter, which ended May 1, it beat analysts' consensus revenue estimates. Still, because the company only met profit expectations and reaffirmed its full-year guidance rather than raising it, the stock pulled back following its May 29 report.
Image source: The Motley Fool.
The sell-off that followed feels more like an overreaction than a necessary correction. Walmart's e-commerce and advertising businesses are growing at double-digit percentage rates, and its fundamentals are incredibly strong.
This doesn't mean the company isn't facing real headwinds, though. Tariffs and higher inflation are applying pressure. The stock is also still trading at a premium, particularly compared to some retail peers such as Target. Walmart announced earlier this week that it is reducing prices to entice cash-strapped shoppers. This move should help boost sales in the upcoming quarter and appease a hard-to-please Wall Street.
Ultimately, Walmart remains a strong buy for long-term investors. The stock offers solid growth and an annual dividend of $0.99 per share that, at current share prices, yields about 0.9%. Even with its market cap sitting below $900 billion again, it's still one of the best companies in the world to own.
Catie Hogan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target and Walmart. The Motley Fool has a disclosure policy.
In the last few days, a lot of news piled up, from renewed tensions between the U.S. and Iran to memory and storage stocks selling off, leading investors to rotate out of tech stocks. And even more broadly, major indexes like the S&P 500 (^GSPC +0.42%) were feeling the pressure.
That, however, doesn't necessarily mean a stock market crash is a given. It also doesn't mean knee-jerk reactions are warranted, as they can damage a portfolio in the long term.
That said, there's nothing wrong with being prepared if the market were to experience a prolonged downturn. And ahead of a market crash, history suggests making one move can help long-term investors win out.
Image source: Getty Images.
Standard considerations When markets look rocky, more focus shifts toward consumer staples and income stocks.
For consumer staples, those companies are viewed as potential safe-haven investments because people still need to buy essential products no matter what's happening in the world. Even if the market looks like it's in trouble, shoppers will still pick up Tide detergent, Bounty paper towels, and Crest toothpaste, all made by Procter & Gamble (PG +0.13%).
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Companies with reliable dividends are typically mature and have stable business models. That doesn't mean they are immune to a broad market sell-off, but they can absorb such a downturn a little more easily, typically with less volatility in price swings. Dividend Kings, the companies that have increased their payouts for 50 or more consecutive years, offer that kind of stability while also paying out consistent dividends.
Consumer staple stocks and Dividend Kings can be great additions to a portfolio and serve it well over the long term. But selling a stock quickly to buy something else can be a reactive move driven by fear, which can create two issues.
One issue is that selling a stock has tax ramifications. The second issue is that there's no way of knowing when a market rebound will occur. Selling a stock at a loss or at a small profit while it's down during market turbulence runs the risk of missing out on a long-term rally.
What history says to do instead There will always be downturns, sell-offs, corrections, and crashes, and they will all feel unnerving. But over the long term, staying in the stock market has worked out for investors who can handle the volatility.
Surprisingly, some of the market's best days occur during downturns. According to Hartford Funds, 48% of the S&P 500's best days occurred during bear markets from 1996 to 2025. Also, with a $10,000 investment in 1965 in an index fund that tracked the exact performance of the S&P 500 index, staying invested until 2025 would have turned that initial investment into over $192,000. Missing just the 10 best days of the market during that time, however, would have turned that $10,000 investment into a little more than $85,000, which is 56% lower than the return of the individual who just stayed invested the entire time.
What history suggests, then, is not making rash decisions, as no one knows when the market's best days will occur. Also, for a company whose business fundamentals haven't changed, but that's just caught up in a broad sell-off, more aggressive investors could consider buying into the downturn, which can lower their total investment cost.
Eric S. Yuan, Chief Executive Officer, reported a disposition of 58,655 shares of Zoom Communications, Inc. (ZM 0.13%) for approximately $5.1 million, according to an SEC Form 4 filing.
Transaction summaryMetricValueShares sold (indirectly held)58,655Transaction value$5.1 millionPost-transaction shares (indirectly held)56,622Post-transaction value$5.1 millionTransaction value based on SEC Form 4 weighted average sale price ($86.38); post-transaction value based on July 9, 2026 market close ($89.88).
Key questionsWhat was the motivation for this disposition?
The sale was non-discretionary and was executed specifically to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs). This technical transaction does not represent a discretionary exit or a change in the CEO's fundamental outlook on the company.What is the extent of the insider's remaining equity exposure?
Eric Yuan maintains substantial economic interest in the company through 56,622 shares held indirectly in the 2018 Yuan and Zhang Revocable Trust and over 21.2 million derivative securities across direct and indirect holdings. This includes approximately 20.7 million indirect derivative securities held through the same family trust.How does the transaction timing align with recent stock performance?
The shares were withheld at a weighted average price of $86.38 during a period where the stock closed at $89.88 as of July 9, 2026. This occurred against a backdrop of a 16% share price appreciation over the preceding 12 months.What are the terms of the underlying equity awards?
The shares originated from several restricted stock unit grants dating back to July 2022, July 2023, and April 2026. These awards follow structured quarterly vesting schedules spanning three to four years, suggesting a regular cadence of similar tax-related dispositions may occur as future tranches vest.Company OverviewMetricValueShare Price (as of market close 2026-07-09)$89.88Market Capitalization$26.4 billionRevenue (TTM)$4.9 billionNet Income (TTM)$2.1 billionCompany SnapshotZoom Communications provides a comprehensive unified communications platform that enables video conferencing, messaging, and collaboration capabilities, generating revenue primarily through subscription-based licensing models and usage-based services across enterprise and consumer segments.The company operates a Software-as-a-Service (SaaS) business model, monetizing its platform through tiered subscription plans, premium features, and add-on services that serve organizations of varying sizes and complexity requirements.Zoom's customer base encompasses enterprises, small and medium-sized businesses, educational institutions, and individual users globally, with particular strength in the enterprise segment where organizations require scalable, secure communication infrastructure.Zoom Communications operates at significant scale with a market capitalization of $26.4 billion and TTM revenues of $4.9 billion, reflecting its position as a leading provider of unified communications solutions. The company maintains a global operational footprint organized across three primary regions — the Americas, Asia Pacific, and EMEA — enabling it to serve diverse markets with localized support and compliance capabilities.
Founded in 2011 by Eric Yuan and headquartered in San Jose, California, Zoom has established a competitive advantage through its intuitive user interface, reliable platform performance, and comprehensive feature set that addresses the evolving demands of hybrid and remote work environments.
What this transaction means for investorsGiven that the July 8 and July 9 sale of Zoom shares by CEO Eric Yuan were executed to fulfill tax withholding obligations from the vesting of RSUs, these dispositions are not a cause for investor concern. He also has 20.7 million Class B shares in his family trust that can be converted into common stock, illustrating the sizable equity stake he maintains in the company.
Zoom shares are up this year thanks in part to solid business performance, but more likely due to the company’s stake in Anthropic, a prominent artificial intelligence business that is expected to have a highly-anticipated IPO in 2026.
Zoom’s revenue hit $1.2 billion, a 5.5% year-over-year increase, in its fiscal first quarter ended April 30. Of that, $755.7 million came from enterprise customers, representing a jump up of 7.2% year over year. It’s encouraging to see the company achieve stronger sales growth among its business customers, which bodes well for Zoom’s future now that its impressive pandemic-related growth phase is long gone.
Robert Izquierdo has positions in Zoom Communications. The Motley Fool has positions in and recommends Zoom Communications. The Motley Fool has a disclosure policy.
The physical economy is undergoing a permanent shift. Legacy silicon power components are hitting their thermodynamic limits. Wide-bandgap materials like silicon carbide and gallium nitride are stepping in to handle higher voltages and temperatures with significantly less energy loss.
This transition serves as the critical bottleneck for next-generation technologies. With the total addressable market for wide-bandgap applications projected to exceed $20 billion by 2030, the battle to control the underlying intellectual property is rapidly escalating.
At the center of this structural shift, Wolfspeed NYSE: WOLF initiated a high-stakes patent infringement lawsuit against Navitas Semiconductor NASDAQ: NVTS. This legal action threatens to disrupt the highly sensitive supply chains of tier-one automakers and hyperscale datacenter operators. Understanding the motivations behind this lawsuit requires looking beyond the courtroom and into the physical constraints of modern computing.
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Data Center Dynamics and High Voltage StakesWolfspeed Today
$35.35 -1.90 (-5.09%)
As of 07/10/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$8.05▼
$80.82Price Target$20.00
Wolfspeed filed suit in the U.S. District Court for the District of Delaware. Wolfspeed asserts Navitas's core product lines violate five foundational wide-bandgap patents.
The targeted semiconductor chips include the Navitas GaNFast, GaNSlim, and GaNSafe families, as well as the GeneSiC MOSFETs and SiCPAK modules.
By aggressively defending a deep technological moat, Wolfspeed seeks a permanent United States sales and import injunction, substantial financial damages, and retroactive licensing fees.
The timing of this litigation highlights the accelerating demands of the physical economy.
Navitas Semiconductor Today
NVTS
Navitas Semiconductor
$13.47 -0.71 (-5.01%)
As of 07/10/2026 04:00 PM Eastern
52-Week Range$5.44▼
$34.17Price Target$14.74
Navitas recently secured a commercial contract to supply GaNFast and GeneSiC chips for high-voltage 800V artificial intelligence datacenter architectures. Generative AI workloads draw unprecedented amounts of power.
Server rack density requires advanced gallium nitride and silicon carbide components to efficiently manage thermal output. This commercial inflection point elevates the litigation from a routine intellectual property dispute to a battle over next-generation AI infrastructure.
Targeting Navitas right as the fabless designer scales its footprint in the semiconductor market's most lucrative growth vector maximizes Wolfspeed's legal leverage.
Financial Resistance in a High-Capital IndustryUnderstanding the pricing action surrounding this catalyst requires a deep look at the structural fundamentals of both businesses. Neither enterprise operates from a position of financial invulnerability. The outcome of this legal dispute remains critical for their respective balance sheets and their ability to capture future market share.
Heavy Debt Leaves Wolfspeed Looking for SparksWolfspeed operates a highly capital-intensive, vertically integrated manufacturing model. Building and scaling silicon carbide fabrication facilities requires billions of dollars in upfront capital. Wolfspeed reported fiscal Q3 2026 revenue of $150 million, representing a 19% year-over-year contraction. GAAP gross margins dropped to a concerning-27%. Carrying more than $1.7 billion in debt and operating with negative operating cash flow, Wolfspeed faces severe profitability headwinds. Wall Street aggressively targeted Wolfspeed, pushing short interest to roughly 54% of the available float.
Wolfspeed, Inc. (WOLF) Price Chart for Saturday, July, 11, 2026
To offset electric vehicle margin compression, Wolfspeed management is actively pivoting toward high-margin aerospace and defense contracts. Wolfspeed recently secured a strategic partnership with GE Aerospace NYSE: GE to deliver advanced high-voltage modules. Weaponizing a patent portfolio offers Wolfspeed a secondary avenue to monetize decades of foundational research and development. This legal strategy could potentially force a lucrative licensing reset across the wider power semiconductor sector to subsidize heavy ongoing cash burn.
Navitas Navigates Extreme Profitability HeadwindsNavitas utilizes an asset-light fabless design model. While this structure offers engineering agility, Navitas is navigating its own extreme profitability challenges. Trailing 12-month revenue fell about 45% year-over-year to $45.92 million. This drop drove Navitas net margins deeply into negative territory at negative 330.67%.
Ahead of the litigation announcement, insider activity revealed a wave of distribution.
In late May 2026, top executives and directors executed coordinated open-market sales totaling approximately $116 million. Navitas director Ranbir Singh liquidated over three million shares for approximately $108 million. Navitas's short interest is elevated at 17.6%. The sudden need to fund an existential, multi-jurisdictional legal defense will undoubtedly accelerate cash burn at a time when Navitas needs capital to fulfill its data center contracts.
Will OEMs Reroute the Power Supply?The core issue driving the near-term valuation of both equities revolves around platform risk aversion. Tier-one automakers and enterprise datacenter operators demand pristine supply chain visibility. A pending federal injunction request targeting mission-critical power architectures immediately threatens production continuity.
Enterprise buyers actively avoid sourcing components tied up in federal intellectual property disputes. To de-risk their operations, original equipment manufacturers may temporarily migrate toward diversified dual-source suppliers until the legal overhang clears.
Federal intellectual property litigation typically stretches across quarters or years. Absent an immediate preliminary injunction, Navitas retains the near-term operational runway to fulfill existing contracts and recognize incoming datacenter revenue.
As a fabless designer, Navitas holds the theoretical agility to invest in research and redesign its chip or packaging architectures to circumvent the five specific Wolfspeed patents. This design pivot remains largely unavailable to legacy foundry operators constrained by physical manufacturing lines.
While Wolfspeed demands an outright sales injunction, the most statistically probable endgame in semiconductor patent litigation is a sector-redefining licensing settlement. A long-term royalty agreement would allow Navitas to maintain its operations and fulfill its 800V datacenter obligations while providing Wolfspeed with a high-margin recurring revenue stream.
How to Trade the Silicon Carbide ClashInitial market reactions demonstrated significant volatility followed by measured resilience. After absorbing an initial 7% drop upon the lawsuit announcement, Navitas shares bounced 5.78% to trade around $14. Simultaneously, Wolfspeed shares recovered 3.54% to trade above $37. This immediate price action suggests the market largely priced in the baseline legal uncertainty. These levels set up a potential floor unless Wolfspeed successfully secures an expedited preliminary injunction.
The underlying corporate warfare underscores the high-growth trajectory of the wide-bandgap space. Both Wolfspeed and Navitas operate with heavily compressed valuations relative to their 50-day highs. Investors looking to capitalize on the global megatrends of electrification and AI data centers might consider adding both equities to their watchlists. Monitoring the federal court docket for preliminary injunction rulings will provide the clearest signal for near-term revenue visibility and market share dominance.
Should You Invest $1,000 in Navitas Semiconductor Right Now?Before you consider Navitas Semiconductor, you'll want to hear this.
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American Express (AXP +1.11%) stock has been sliding this year as the market continues to worry about interest rates, inflation, oil prices, and how they're going to impact the economy. The Warren Buffett favorite, though, continues to demonstrate growth and momentum. Are the worries unfounded?
Here's why card-fee growth matters more than spending growth right now, and what to expect when the company reports second-quarter earnings on July 24.
Image source: American Express.
The inflation-proof model American Express isn't the largest credit card network in the world, but it targets the affluent, who tend to spend more. It has a fee-based model for most of its cards that attracts a higher-income population, and even though it only has 155.9 million cards in force, its revenue is actually much higher than that of Visa (V +0.27%), which services about 5 billion cards worldwide.
Data by YCharts.
This model works well and provides resilience in challenging economic environments because it has a recurring revenue stream that flows directly to the bottom line. Whether members shop more or less, they still pay the annual fee. There have been times when even its higher spenders have been under pressure, and the fee-based model has provided protection during those periods.
So far, business has been robust despite the challenging macroeconomy. In the 2026 first quarter, revenue increased 11% year over year, while card fees, which accounted for 14.5% of the total, increased 18%. Billed business was up 10%. Earnings per share (EPS) were up 18% as well to $4.28, and Wall Street is looking for $4.40 in EPS for the second quarter, a 7.8% increase year over year.
The future growth engine Another feature that plays into this is its successful pivot targeting younger shoppers, who are buying into the long-term model. Millennials accounted for 30% of the total in the first quarter but increased 13%, while Gen-Z cardmembers accounted for 6% of the total but grew 38%. That's in contrast with Gen-X members, who accounted for 36% and grew 8%. These shoppers should provide years of growth as they engage with the platform, pay annual fees, and spend.
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American Express, which is looking a lot more like a subscription business than a volume play, can navigate challenges more smoothly than a company like Visa, which simply takes a small cut of every swipe. In Visa's case, fewer swipes mean less revenue. In Amex's case, more swipes sweeten the deal, but it's still coming out ahead.
It's also a lot cheaper than Visa, trading at 21 times trailing-12-month sales vs. 31 for Visa. That likely figures into why Buffett likes it so much more, and it could be undervalued as a subscription-based model at this price.
Costco (NASDAQ:COST | COST Price Prediction)’s food court hot dog and soda combo has been $1.50 for decades. Company management has again recently emphasized that price is not going anywhere. It has become a cultural touchstone: the one number that inflation cannot seem to touch.
There is another frozen number from roughly the same era that most retirees have never heard of. It is the income threshold that decides how much of your Social Security check the IRS gets to tax, and it has not moved since 1984. One frozen price is a gift. The other is a stealth tax that pulls more middle-income retirees into the net every single year.
Through the Looking Glass The IRS looks at your combined or provisional income, which is your adjusted gross income (AGI), plus any tax-exempt interest, plus half of your Social Security benefits. Then it compares that number to two sets of tiers.
For a single filer, once provisional income crosses $25,000, up to half of your benefits become taxable. Cross $34,000 and up to 85% of them do. For a married couple filing jointly, the tiers are $32,000 and $44,000.
Those dollar figures were written into law in 1984 (the 85% tier was added in 1993) and have never been adjusted for inflation. The Consumer Price Index uses 1982-1984 as its baseline of 100. As of May 2026, that index sits at 334, prices roughly tripled. The thresholds did not budge.
Why the COLA Makes It Worse, Not Better The 2026 cost-of-living adjustment (COLA) came in at 2.8%. That bump is designed to keep your purchasing power flat as prices rise. It does not, however, come with a matching raise to the taxation thresholds.
Every year the math tightens. A retiree whose real standard of living has not improved at all can find a larger share of their benefit taxed simply because the nominal dollar amount went up while the $25,000 and $32,000 lines stood still. The Social Security Administration’s (SSA’s) own inflation gauge, the CPI-W, has climbed from 316 in July 2025 to 329 in May 2026.
This is the piece worth understanding above almost everything else. Claiming ages, spousal strategies, and Medicare premiums all matter, but for a middle-income retiree, the provisional-income math is where real dollars leak out year after year.
How the Pieces Fit Together Because the thresholds are fixed, the levers you control live on the other side of the equation: what you pull from where, and when.
Roth versus traditional withdrawals. Qualified Roth distributions do not count in provisional income. A retiree with some Roth balance can smooth withdrawals to stay under a tier in a year when a big expense would otherwise push them over. Qualified charitable distributions. If you are old enough for QCDs, sending IRA money directly to charity satisfies required minimum distributions (RMDs) without adding to AGI, which keeps provisional income lower. The temporary senior deduction. The 2025 One Big Beautiful Bill Act added a federal deduction that softens the blow for some older filers, but it is scheduled to expire after 2028. Treat it as a bridge, not a plan. If you want to see how withdrawal sequencing changes your own numbers, this is exactly the kind of decision a Social Security planner is built to model.
The goal is the combination of claiming age and withdrawal mix that keeps the taxable share of your benefit lower for longer, not the biggest possible benefit in a single year.
What to Take Away The hardest mistake to undo is a big one-time withdrawal, say to buy a car or help a grandchild with tuition, that vaults you from the 50% tier into the 85% tier and stays there for the year. Spreading that same withdrawal across two tax years, or funding it partly from a Roth or from cash savings, can preserve thousands of dollars of benefit that would otherwise become taxable.
The Costco hot dog is a fun frozen number. Costco sold more than 245 million of those hot dog combos last fiscal year, and the company has said outright that if the price had simply tracked inflation since the 1980s, it would be pulling in hundreds of millions more in revenue each year. Costco eats that cost on purpose, as a promise to its members. Uncle Sam is not quite as generous.
The 1984 tax thresholds are the other kind. Knowing they exist and planning around them rather than through them is the difference between a retirement income plan that ages well and one that quietly shrinks every October when the new COLA is announced. Your own tiers, deductions, and state rules will shift the math, so it is worth walking through the numbers with a tax preparer before any large withdrawal.
Contact [email protected] for any questions or corrections.
Costco (COST +0.36%) has never been a cheap stock. But premium businesses rarely are. The warehouse retailer has spent decades building one of the strongest business models in retail, and several long-term trends suggest it could continue rewarding shareholders well into the next decade.
Membership has its privileges The biggest advantage for Costco isn't bulk groceries or discounted televisions. It's membership. During fiscal 2025, Costco generated approximately $5.32 billion in membership fee revenue, up 10% from $4.83 billion the prior year. Even more impressive, its U.S. and Canada membership renewal rate clocked in at 92.3%, while its worldwide renewal rate was 89.8%. Those are among the highest retention rates of any subscription-based business and help explain why membership fees remain one of Costco's biggest competitive advantages.
Image source: Getty Images.
Costco's membership engine has continued to strengthen this year, too. During the third quarter of fiscal 2026, membership fee revenue climbed 10.7% year over year to $1.37 billion, outpacing overall sales growth. Paid memberships increased 4.1%, while executive memberships (the company's highest-spending customers) grew 9.6%. Worth noting: renewal rates also remained strong at 92.2% in the U.S. and Canada and 89.7% worldwide, reinforcing the stability of Costco's recurring revenue stream.
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That recurring revenue gives Costco tremendous flexibility. It can afford to sell merchandise at thinner margins than most retailers because memberships provide a reliable source of profit. That pricing advantage keeps customers coming back, creating a virtuous cycle that's difficult for competitors to replicate. Meanwhile, the company continues to expand quite rapidly.
Penetrating new markets Costco's physical footprint continues to expand alongside its membership base. As of the third quarter of fiscal 2026, the company operated 931 warehouses worldwide, including 639 in the United States and Puerto Rico. Management continues to see significant opportunity for new locations, too, particularly in international markets where warehouse clubs remain relatively underpenetrated.
Every new warehouse not only drives additional merchandise sales but also brings in thousands of new paying members, reinforcing Costco's recurring membership revenue model. At the same time, e-commerce is becoming a bigger contributor, too. For Q3 2026, the company reported digitally enabled comparable sales growth of 21.5%.
Balance sheet remains strong Costco's financial position remains one of its greatest strengths. During fiscal 2025, the company generated $13.3 billion in operating cash flow and ended the year with about $14 billion in cash and cash equivalents. That financial strength allows Costco to fund new warehouse openings, invest billions in distribution infrastructure and technology, raise its regular dividend, and continue returning capital to shareholders without placing significant strain on its balance sheet.
Of course, you can't ignore valuation. Costco trades at a premium earnings multiple compared to other retailers, leaving less room for disappointment if consumer spending weakens or growth slows.
Still, it's difficult to find many retailers with Costco's combination of recurring membership income, exceptionally loyal customers, consistent store expansion, and strong cash generation. Those advantages have allowed the company to grow through multiple economic cycles, and there's little reason to believe those competitive strengths will disappear before 2030.
There are plenty of AI stocks whose valuations have surged amid the current AI boom. There are now three companies worth at least $4 trillion, six companies worth at least $2 trillion, and 15 companies worth at least $1 trillion. And of the 15 companies worth at least a trillion, 13 are tech companies.
One of the newest members of the trillion-dollar club is Micron (MU 1.05%), which had a market cap of $1.07 trillion as of the market close on July 8. The stock is up more than 660% in the past 12 months and 200% this year, making investors a lot of money along the way -- including President Donald Trump.
Trump's 2025 financial disclosure showed that he owned between $1.67 million and $6.65 million in Micron stock. Should Trump's stake in Micron be a sign that investors should follow his lead?
Image source: The Motley Fool.
At the right place at the right time Trump's stake in Micron is noteworthy given the company's $250 million commitment to the president's "Trump Account." But when you set that aside, the investment in Micron is a matter of striking while the iron is hot.
Micron is a memory chip maker and has found itself at the right place at the right time during the current AI boom. As AI hyperscalers such as Amazon, Microsoft, and Alphabet have spent billions building out data centers and other AI infrastructure, there has been a shortage of memory hardware that these data centers rely on to operate.
Given the high demand and short supply, Micron has been able to considerably raise prices and improve its profits and margins (though it has been accused of collusion and price-fixing). In the past year, Micron's revenue has increased by 266%, while its net income has surged by 782%.
MU Revenue (Quarterly) data by YCharts
Unsurprisingly, the unique position Micron has found itself in -- both financially and in terms of market position -- has attracted many investors hoping to capitalize on it. And based on the president's latest disclosure, he's been one of those investors.
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Should you follow Trump's lead? You shouldn't invest in Micron simply because the president did. It's true his stake in the company means he has a vested interest in making sure the stock does well, but you don't want to blindly follow his moves simply for that reason.
You should, however, consider investing in Micron because its unique market position is bound to last for the foreseeable future. But even when supply meets demand, and Micron can't command the premium it's currently charging, the company will still have long-term agreements in place.
It's operating in a cyclical industry that's riding the high end, but it's still a solid company with good long-term potential. It's likely to be highly volatile along the way, but I trust its trajectory.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the “Class Period”), of the important August 10, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased Zillow common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow’s agreement with Redfin Corporation was not a “partnership,” but rather an acquisition of Redfin’s business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants’ statements about Zillow’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Attorney Advertising. Prior results do not guarantee a similar outcome.
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Laurence Rosen, Esq.
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As the calendar reaches mid-July, earnings season is ramping up. Over the next few weeks, investors will hear from some of the most important companies in the market, and it could set the tone for the next few months.
I think the news over the next few weeks will be mostly positive for artificial intelligence (AI) investors and signal a trend toward increased AI spending for the remainder of 2026 and into 2027. If that's the case, there are several stocks worth buying now before they report earnings.
Three at the top of my list are Microsoft (MSFT +0.15%), Meta Platforms (META +6.16%), and Taiwan Semiconductor Manufacturing (TSM 0.55%). Each of these has a different reason for excitement, and investors should at least pay attention to all of them, if not buy shares beforehand in anticipation of a post-earnings spike.
Image source: Getty Images.
1. Microsoft Microsoft stock has had an atrocious 2026, falling nearly 21% from year-end levels. Its first two earnings reports delivered in 2026 were poorly received, but I think the market will come around this time.
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Microsoft's earnings weren't even remotely bad during its last announcements, as it announced incredible AI growth and a strong cloud computing performance. In fiscal 2026's Q3 (ended March 31, 2026), revenue rose 18% year over year, and earnings per share (EPS) increased 23%. That would normally earn Microsoft a premium valuation compared to the market.
And yet, Microsoft's stock performance actually trails the S&P 500 (^GSPC +0.42%), with the S&P 500 trading at 21.7 times forward earnings, while Microsoft trades at only 20 times forward earnings.
If Microsoft can report more of the same as it did in the last quarter, I think the market will come to its senses and realize this is a screaming deal, and investors will happily buy it following earnings. That makes now the perfect time to buy Microsoft stock, as this deal won't last forever.
2. Meta Platforms The market likes Meta Platforms' stock even less, as it trades for 18.7 times forward earnings despite growing at a 33% pace last quarter. While investors will want to know how Meta's advertising business is doing and how its AI progress is going, what's stealing the spotlight right now is Meta's plans to launch a cloud computing product.
This is what separates Meta from the other AI hyperscalers: they all have cloud computing businesses that help fund their AI build-out. If investors get positive confirmation of Meta's impending cloud business launch, the stock could pop, as it would have a lot of excess capacity to rent out.
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Regardless of what Meta does with a cloud business, the stock is cheap, and the business is growing at a solid pace. I think that makes Meta a compelling buy at these levels, as it could easily see a multi-digit pop if it unveils a new cloud computing platform during its earnings call.
3. Taiwan Semiconductor Manufacturing Last is Taiwan Semiconductor Manufacturing, aka TSMC, which reports earnings on July 16. TSMC is the primary chip foundry that nearly every big firm uses, and it has an excellent pulse on the health of AI chip demand. If it comes out and says chip demand is growing and it cannot meet it, the market may rally behind it. I expect that to be the case, as there have been no signs of AI hyperscalers changing course.
TSMC is the most expensive stock in this trio, trading at 27.5 times forward earnings -- where Microsoft used to trade.
Data by YCharts.
Although this is expensive, I think it's appropriate considering Taiwan Semiconductor's market position, dominance, and superior execution to others in its industry. Taiwan Semiconductor Manufacturing still has multiple years left of growth if the AI build-out is truly just getting started, and I'd expect management to reaffirm those projections during its quarterly call.