SpaceX (NASDAQ: SPCX) July 7 inclusion into the Nasdaq-100 index was accompanied by a veritable flood of analyst ratings, including the equity’s latest and staggering Street high price target.
Specifically, Raymon James analyst Brian Gesuale initiated SPCX coverage on Tuesday with a bullish ‘Buy’ recommendation and a forecast that the stock would soar 439.59% to $800 within the next 12 months.
According to the note, the positive attitude and the associated SpaceX stock price target primarily hinge on the company’s potential to become a veritable infrastructure giant, as well as on programs and projects like Starship and Starlink.
Wall Street predicts SpaceX stock price for the next 12 months Simultaneously, though the Raymon James $800 forecast was a standout considering it predicts a 439.59% rally from SPCX shares’ latest close at $148.26, it was merely one of the numerous ‘Buy’ recommendations issued within the last two days.
Indeed, the latest series of notes altered the overall balance of ratings and turned Elon Musk’s newer public company into a ‘Strong Buy,’ with a total of 22 such rankings, 4 ‘Hold’ assessments, and only a single ‘Sell’ rating.
Additionally, SpaceX stock is, on average, expected to rocket 65.85% to $245.96 in the next 12 months, per the data Finbold retrieved from TipRanks on July 9, 2026.
Wall Street sets SpaceX stock price target for the next 12 months. Source: TipRanks Meanwhile, Wall Street’s optimism has, so far, not been matched by SPCX shares’ actual stock market performance.
SPCX stock price performance since the SpaceX IPO After an initial SpaceX rocketing to its all-time high (ATH) of $225.64 just four days after the initial public offering (IPO), the equity found itself crashing and has, in the last week, generally been gravitating toward its June 12 opening price of $150.
SpaceX stock price one-week chart. Source: Google Still, shares of SPCX remain 9.82% above their IPO price of $135, and the Thursday pre-market shows some signs that a rally might launch SpaceX higher soon, as it, by press time, featured a 1.81% rally to $150.95.
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Space Exploration Technologies' (SPCX +0.58%) initial public offering has dramatically increased investor attention around space stocks. One that is definitely worth a closer look is Rocket Lab (RKLB +0.92%).
SpaceX is set to join the Nasdaq-100 on July 7, which could drive index-tracking funds to buy the stock. However, SpaceX's initial index weight is estimated to be less than 1%, as the Nasdaq-100 adjusts for public float, or the percentage of shares available for public trading.
So, while SpaceX may dominate the headlines, Rocket Lab's backlog, contracts, and execution milestones still give investors reasons to take the company seriously as a space and satellite stock.
Image source: Getty Images.
Why Rocket Lab Still Matters Rocket Lab is already demonstrating solid business momentum. In the first quarter, revenue jumped 63.5% year over year to $200.3 million. The company's generally accepted accounting principles (GAAP) gross margin was 38.2%, while backlog rose 20.2% sequentially to $2.2 billion.
The company also signed 31 new contracts for Electron, its small rocket, and HASTE, its defense-focused launch vehicle used for hypersonic testing. The company also added five contracts for Neutron, its larger rocket, which is still under development. Rocket Lab had over 70 contracted launches in its backlog at the end of the first quarter.
SpaceX's IPO has undeniably brought more attention to the space industry, but Rocket Lab's case is not based only on market excitement. Rocket Lab expects second-quarter revenue to fall in the range of $225 million to $240 million, up 16% sequentially at the midpoint.
Rocket Lab is expanding beyond launches Rocket Lab's planned $8 billion acquisition of Iridium Communications (IRDM +0.40%) can prove to be a long-term catalyst. Iridium already operates a low-Earth-orbit satellite network and has more than 2.5 million subscribers across government, aviation, maritime, defense, and enterprise markets. If the deal closes, Rocket Lab would not only build and launch satellites but also operate them. It could also operate a satellite network and sell communication services.
In March 2026, Rocket Lab also signed a $190 million HASTE contract with Kratos Defense & Security Solutions for the U.S. Department of Defense's MACH-TB 2.0 hypersonic testing program. The contract covers 20 hypersonic test flights over four years and is the largest launch contract in the company's history. Hence, Rocket Lab is also building a defense-focused business rather than just competing with SpaceX on regular satellite launches.
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Risks to consider The neutron rocket is important to the company's ambition to handle larger satellites, government missions, and larger commercial missions. However, Rocket Lab has pushed Neutron's first launch target to the fourth quarter of 2026 after a development setback. Any further delay could hurt investor confidence.
Rocket Lab is also still unprofitable. The company reported a net loss of $45 million in the first quarter and expects an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of $20 million to $26 million in the second quarter.
Customer concentration and government exposure can also pose risks. In 2025, the company's top five customers accounted for 49% of revenue. The top five backlog customers also accounted for 77% of its backlog. Rocket Lab also earned 47% of its revenue from U.S. government-related contracts, many of which were fixed-price contracts, in 2025.
Investors should closely monitor both growth catalysts and risks before treating Rocket Lab as a simple SpaceX alternative.
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Elon Musk took SpaceX public in June. TIMOTHY A. CLARY / AFP via Getty Images Elon Musk says SpaceX's blockbuster valuation has likely turned thousands of his employees into millionaires.
During a Wednesday interview on "The Sean Hannity Show," Musk was asked about a former SpaceX welder who was granted stock that soared to over $1 million in value after the company went public in June with a roughly $2 trillion market capitalization.
"It's not just one welder, it's several thousand people who were working on the production line, and if they started at the company relatively early, then probably their stock is worth over a million dollars at this point," Musk told stand-in host Texas Gov. Greg Abbott over the phone.
The Tesla and SpaceX CEO, whose personal wealth briefly crossed $1 trillion following SpaceX's IPO, said: "I've always had the philosophy that everyone at the company should receive stock in the company, so that they can participate in the upside of the company."
"It's great for aligning incentives as well, so as the company prospers, then the people at the company, the employees, also prosper," he added.
SpaceX didn't immediately respond to a request for comment.
Ahead of SpaceX's June 12 listing, Andrew Benson, the founder of pre-IPO trading platform Hill Markets, estimated the IPO would mint 4,400 new millionaires and over 400 centimillionaires.
Business Insider's Tom Carter spoke to a former SpaceX employee who said the company awarded its workers with stock options when they joined the company, at their annual reviews, and when they were promoted.
Employees were also allowed to sell some of their holdings to the company or investors in private liquidity events, usually held twice a year, the former employee said.
SpaceX CEO Gwynne Shotwell and her husband have moved to expand the number of beneficiaries of SpaceX's success by donating roughly $300 million worth of the company's stock to Trump Accounts — a government program intended to open an account with $1,000 in it for every American child born between the start of 2025 and the end of 2028. The gift won praise from Trump on Truth Social.
SpaceX stock jumped from its IPO price of $135 to over $200 in the days following its public debut, but has fallen to below $148 as of Wednesday's close.
In addition to discussing the IPO's financial benefits, Musk spoke with Abbott about his long-term ambitions for SpaceX.
Musk said he hopes that in 10 years' time, the company will have "established a base on the moon" and "enabled thousands, if not tens of thousands of people" to go there.
"We want to make the things that people see in science fiction, not fiction — we want to make them real," Musk said, adding that SpaceX's Starship system is "designed to carry ultimately tens of thousands of tons to the moon, to create effectively a city on the moon, and ultimately a city on Mars as well."
Musk added that "if things go well," SpaceX might send the first humans to Mars in about five years, and thousands of people to the red planet in 10 or 12 years.
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Theron Mohamed You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Theron Mohamed is a London-based correspondent on the Trending team at Business Insider. His coverage spans finance, investing, wealth, markets, and the economy.Theron joined BI in 2019 as a reporter at Markets Insider and rose to the rank of correspondent before moving to the Trending team in 2024. He previously covered tech, media, and telecom stocks for Investors Chronicle magazine and had a brief stint on the Financial Times' Data team. He interned at the Wall Street Journal in New York where he primarily wrote for Heard on the Street.Theron has freelanced for The Independent, The Telegraph, WIRED, and several smaller publications. He holds an undergraduate degree in geography from the London School of Economics, and a master's degree in journalism from Columbia University.Theron often covers Warren Buffett, Michael Burry, Jeremy Grantham and other top-flight investors. He also writes about the world's wealthiest people and shares financial advice from all manner of rich and successful people.Email Theron at [email protected] and follow him on X @theron_mohamed.Expertise
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Investors in Laureate Education, Inc. (LAUR - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 18, 2026 $35 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Laureate Education shares, but what is the fundamental picture for the company? Currently, Laureate Education is a Zacks Rank #3 (Hold) in the Schools industry that ranks in the Bottom 37% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.01 per share to 97 cents in that period.
Given the way analysts feel about Laureate Education right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Meta Platforms stock is trading near recent lows. What should traders watch with META? Breaking Ground in CanadaThe Sturgeon County data center will be powered by 100% clean and renewable energy, with Meta fully funding new generation and grid infrastructure to support its energy needs. The facility will use a water-efficient closed-loop, liquid-cooled system with dry cooling, meaning no operational water use in the cooling system.
The model pairs with Muse Spark to plan layouts, look up real-time web context, and intelligently blend multiple visual references. Users can also tag Instagram accounts to incorporate public photos into their creations. Muse Image is free for everyday use and is also available as part of Meta’s subscription plans. Muse Video is already in development.
Meta Shares DropMETA Price Action: At the time of publication, Meta shares are trading 3.55% lower at $581.70, according to data from Benzinga Pro.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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The semiconductor scene is going through an intense period of volatility again, but nothing much has changed when it comes to Wall Street analysts who stand by their targets. With the broader semiconductor names under pressure following the single-day plunge suffered by the South Korean memory giants, questions linger as to whether the AI chip bubble has finally begun to show signs of deflating.
JPMorgan (NYSE:JPM | JPM Price Prediction) thinks the latest retreat is worth buying, but not everyone is pounding the table after the latest drawdown. Another bank, Morgan Stanley (NYSE:MS), seems to think that a rotation is underway. But which camp is right remains the hot topic of discussion. Personally, I think there are many ways to play the latest drop in chip stocks without having to step into the blast radius with the memory and storage makers.
Even if the semiconductors stand to benefit from a multi-year structural tailwind, with secular forces still very much in play, a valuation reset (or correction) alongside a rotation might still be on the table. So, instead of subscribing to one bank’s buy-the-dip approach or another’s cautious rotation call, I think it makes sense to expect both scenarios to unfold.
Perhaps the second half of the year is a correction period for the semis while investors rotate their winnings elsewhere, all while the long-term trend stays intact as the AI revolution continues to set a stage for more off-the-charts quarters for the firms sitting comfortably, continuing to sell out of components needed to get the accelerate the AI data center buildout or, better yet, get things running a bit ahead of schedule.
Meta Platforms: A stealth chip winner as custom silicon takes off With Meta Platforms (NASDAQ:META) kicking off Meta Compute to sell extra capacity to other firms, Mark Zuckerberg and company might have the release valve to completely floor it with the buildout.
Perhaps it makes the most sense to build first and ask questions later about what the right level of AI compute is for a firm’s needs, given the bottlenecks that have popped up from left, right, and center.
From power demands to electrical components, it feels like procuring, building, and selling excess compute, if any, is the most logical move, as the hyperscalers scale up without showing any signs of looking back. While Meta isn’t a traditional chip play, I do think that its custom silicon efforts are being slept on by much of the market as shares sink further into bear market territory. Sure, many firms are getting into custom silicon, so it’s nothing that makes Meta unique.
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But what sets the firm apart is its aggressive development cycle (six months rather than one to two years), architectural innovation to get around memory bottlenecks, and optimization for the Mixture-of-Experts (MoE) architecture, which may very well hold the key to next-generation AI that goes beyond large language models (LLMs). Perhaps it’s the MoE optimization that could ascend Meta’s silicon to the next level.
Meta Compute is still underestimated MTIA is custom-tailored for Meta’s own uses, but with Meta Compute, it might soon become a gold standard as Meta looks to disrupt the neoclouds with not only scale but efficiencies that customers can’t get elsewhere.
So, while some may see Meta as having too much extra compute, I’d be more inclined to view the firm as positioning itself in a way so that it can get really aggressive. More recently, the firm was reported to have plans to spend $13 billion on a massive one-gigawatt (1.0 GW) AI data center in Alberta, Canada. That’s a massive undertaking if true.
With a Street-high price target just north of $1,000 per share (that belongs to Rosenblatt Securities) and widespread hedge fund buying activity in recent quarters, Meta Platforms may very well be an underrated gem as it looks to dominate in all areas it touches, from AI chips (MTIA) to data centers, and models (Muse Spark and Superintelligence Labs).
Rotation or not, Meta already seems set for a big win as it executes on its seriously aggressive AI strategy.
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Meta Platforms Inc (NASDAQ:META) is sitting out the broader tech rally today, down 4.1% to trade at $578.19. An internal memo reviewed by Reuters indicated the company may spend up to $145 billion on AI infrastructure this year. The aim is to double computing capacity by 2027, and plans to begin manufacturing its 'Iris' chip in September.
META is now down 12.6% in 2026 and back below $600, with recent rallies turned away at a confluence of moving averages. Longer term, the shares are down nearly 21% in the last 12 months, carving a channel of lower highs.
Options bulls are steadfast. META's 10-day call/put volume ratio of 2.21 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 86% of readings from the past year.
Echoing this, the stock's Schaeffer's put/call open interest ratio (SOIR) of 0.51 sits in the 6th percentile of its annual range, which indicates a heavy preference for calls among short-term traders.
Three months after unveiling its first artificial intelligence model under the leadership of AI chief Alexandr Wang, Meta is rolling out a major update as it attempts to compete with OpenAI and Anthropic in critical areas of the market.
Muse Spark 1.1, which Meta introduced on Thursday, represents its "strongest model for agentic and coding work yet," Wang said in an interview with CNBC. The initial Muse Spark model released in April was only available to "select partners" who could access the technology via a "private API preview."
Meta is making the new model's API available through a developer portal as part of a public preview, where users will be able to sign up and see instructions for integration. A Meta spokesperson said some early partners can already access the API, and new users "will be able to add themselves to a waitlist and be added from there over time." For now, Meta said it's limiting API access to its own properties rather than making it available on third-party platforms like the popular OpenRouter marketplace.
"This is going to be served on top of the computer infrastructure that we've built," Wang said.
It's Meta's second notable rollout for the Muse family this week. On Tuesday, Meta released Muse Image, originally code-named Mango, a model for creating images, as the company seeks to attract creators and advertisers to its offerings.
Meta CEO Mark Zuckerberg is coming under pressure from Wall Street to show a return on the company's massive and growing investment in AI infrastructure and development. While it's spending at the rate of its hyperscaler peers, Meta doesn't have a cloud infrastructure business (though it plans to start one), and it's failed to keep up with OpenAI, Anthropic and Google in developing popular models and AI applications.
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Wang characterized pricing of the Muse Spark update as "very aggressive and attractive" compared with similar offerings from labs like Anthropic and OpenAI. He said every new API account will start with $20 in free credits. From there, the company will charge $1.25 per million tokens in input, and $4.25 per million tokens of output, he said.
"The goal is to really have attractive pricing that scales with immense consumption usage," Wang said.
He said Muse Spark 1.1 outperformed rival models in certain tasks involving the ability to interact with various third-party coding products and services.
Wang's Meta Superintelligence Labs, or MSL, trained Muse Spark 1.1 to excel in coding-related tasks because that ultimately improves the capabilities of AI agents that can autonomously perform multiple tasks like a fleet of human interns, he said.
"You kind of have to build coding capabilities as part of that in service of overall agentic capabilities," Wang said.
The tech industry's excitement about AI agents took off in the first half of 2026, in part due to the sudden popularity of OpenClaw, which developers could use to manage AI models that power supercharged digital assistants. Wang said Meta trained Muse Spark 1.1 "to be able to work well with all of the most popular harnesses that developers use today, and we felt that was the best approach for this model given our goal to maximize adoption."
Although Meta's previous AI strategy emphasized releasing its earlier Llama family of models to the open-source community, the company is now focusing on selling access to proprietary AI models.
Wang said that Meta is still "committed to open source" and that his MSL unit has a "variant of Muse Spark that is in development that we do intend to open source." He declined to say when the company would release it.
Wang added that he's been "dog-fooding" the latest Muse Spark model, and is excited about the technology's ability to be used as tool for improving personal health via tasks like searching the web, reading academic papers and accessing personal health-related data.
"It's one of these use cases that I think really encapsulates the needs of these agentic systems," Wang said of his AI and health experiments.
Wang said Meta is currently training a more powerful AI model, code-named Watermelon, but didn't say when it would be released. Muse Spark's code name was Avocado.
People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas Purchase Licensing Rights, opens new tab
July 9 (Reuters) - Meta Platforms (META.O), opens new tab on Thursday released long-awaited developer access to its Muse Spark AI model alongside an upgraded version, pitting it directly against the business models of Anthropic and OpenAI in charging for use of its AI.
The social media giant touted Muse Spark 1.1 as its most capable model for real-world coding and agentic tasks, part of a broader mission the company is pitching of delivering "personal superintelligence."
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Meta said the upgraded model can write and debug code, use software and external tools, understand text, images and video, and carry out complex multi-step tasks with less human intervention.
In April, Meta debuted Muse Spark, the first text and reasoning AI model from the superintelligence team it assembled last year to close the gap with rivals in the heated competition for AI supremacy.
Meta was testing the Application Programming Interface with partners in a private preview during its launch. The API is a key element for AI systems, acting like a digital bridge for developers that allows them to use the model's capabilities in their own software systems.
Developers in the United States can now access Muse Spark in public preview on Meta Model API, letting them test prompts, compare outputs and prototype integrations.
Those who sign up for the API receive $20 in free credits to test the model before switching to pay-as-you-go pricing.
The access is priced at $1.25 per million input tokens and $4.25 per million output tokens, above OpenAI's entry-level GPT‑5 mini and Anthropic's low-cost Claude Haiku 4.5, but below Anthropic's higher-end Claude Sonnet 4.6 model.
The new model is now available in Thinking mode in the Meta AI app and on the website. It is also expected to replace existing Llama models powering chatbots on WhatsApp, Instagram, Facebook and Meta's collection of smart glasses.
The release follows a company announcement on Tuesday expanding generative AI tools across its apps by rolling out Muse Image, its first image-generation model from Meta Superintelligence Labs.
Reporting by Harshita Mary Varghese in Bengaluru and Katie Paul in New York; Editing by Pooja Desai
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Season 2 of the Neighborhue expands from New York to Orlando, spotlighting acclaimed mural artists Don RIMX, Carlos Mateu and the role of public art in preserving culture
, /PRNewswire/ -- vitaminwater, in partnership with My Code, today announced the launch of Neighborhue: Still in Color, the next chapter of its integrated branded content platform that celebrates the artists and stories bringing color, culture, and connection to neighborhoods across America.
Building on the success of the original Neighborhue series, Season 2 evolves from a focus on restoration to one of continuation, exploring how public art lives on as an enduring expression of identity, heritage, and belonging. From New York City to Orlando, Florida, the series spotlights muralists whose work transforms public spaces into cultural landmarks while reflecting the communities that shape them.
Blending documentary-style video, editorial storytelling, and social-first content, Neighborhue: Still in Color offers an intimate perspective on the creative process behind each mural, revealing the personal stories and cultural influences that make each work of art unique. In doing so, the series reinforces vitaminwater's longstanding commitment to creativity and authentic self-expression.
"We believe creativity is a powerful force for connection and self-expression, and the response to the first season of Neighborhue reinforced just how deeply people connect with stories rooted in community and culture," said Hillary Horton, vitaminwater Brand Director at The Coca-Cola Company. "That inspired us to expand the series introducing audiences to mural artists whose work reflects the identity and spirit of their communities. My Code and Remezcla were the natural collaborators to help bring that vision to life and connect these stories with audiences across the country."
The campaign features acclaimed muralists Don RIMX (David Sepulveda) and Carlos Mateu, whose work explores themes of cultural identity, resilience, and collective progress. In Orlando, Don RIMX revisits El Chamán, reflecting on how public art can bridge cultural memory and present-day community life. In Brooklyn, Carlos Mateu explores El Paso Del Tiempo, a mural created in collaboration with local residents that captures the evolution and shared spirit of the neighborhood.
"The best storytelling doesn't just represent a community, it comes from inside it," said Amani Duncan, Chief Executive Officer, My Code. "Don RIMX and Carlos Mateu aren't illustrating these neighborhoods, they're from them, and you feel it in every mural. What I appreciate about vitaminwater and Neighborhue: Still in Color is that it's a true example of a brand understanding the power of real artists telling real stories. That's how you reach growth audiences: not by talking at them, but by showing up where they already are."
The campaign launches today with Don RIMX in Orlando, followed by Carlos Mateu in Brooklyn on July 20. Content will roll out across My Code's owned and operated media ecosystem, including Remezcla's digital and social platforms, and includes hero documentary videos, short-form social content across Instagram Reels, TikTok, and YouTube Shorts, long-form editorial features, and visual storytelling through photography and mixed-media formats.
As Neighborhue continues to grow, vitaminwater and My Code remain committed to celebrating the artists and communities shaping culture across America. Neighborhue: Still in Color invites audiences to experience the stories behind the murals and the lasting impact they have on the neighborhoods they call home.
Follow @vitaminwater and @remezcla for campaign updates.
About My Code
My Code is a culture-first media company and marketing agency that connects brands with growth audiences, the multicultural and multigenerational consumers who represent the fastest-growing segments of the U.S. market. Through owned media properties including Remezcla Media Group, HipLATINA, La Opinión, and El Diario, plus a strategic publisher network spanning CTV, digital, social, audio, and experiential channels, My Code delivers both scale and cultural relevance. Its integrated marketing services and proprietary Intelligence Center give brands the insight and creative capability to authentically engage these audiences and drive measurable business growth. Learn more at mycodemedia.com.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.
We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.
The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank.
Should You Consider Alphabet?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Alphabet (GOOGL - Free Report) earns a #2 (Buy) right now and its Most Accurate Estimate sits at $2.90 a share, just 13 days from its upcoming earnings release on July 22, 2026.
By taking the percentage difference between the $2.90 Most Accurate Estimate and the $2.86 Zacks Consensus Estimate, Alphabet has an Earnings ESP of +1.30%. Investors should also know that GOOGL is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
GOOGL is just one of a large group of Computer and Technology stocks with a positive ESP figure. Intuit (INTU - Free Report) is another qualifying stock you may want to consider.
Intuit, which is readying to report earnings on August 20, 2026, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $3.61 a share, and INTU is 42 days out from its next earnings report.
Intuit's Earnings ESP figure currently stands at +0.65% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $3.59.
GOOGL and INTU's positive ESP figures tell us that both stocks have a good chance at beating analyst expectations in their next earnings report.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
Earlier this year, Amazon overtook Walmart as the world’s biggest retailer by sales. The online marketplace’s claim to fame is selling everything under the sun—but such a massive catalog has its drawbacks. Amazon sells products by plenty of trusted brands, but to find them, shoppers have to wade through oceans of slop.
That includes “pseudo-brands,” such as online-only retailers typically named with a string of all-caps letters that look more like high-security passwords than brand names. (A cursory Amazon search for a tank top, for example, returns offerings from alphabet-soup-style brands like MAGCOMSEN, UOUA, and ANRABESS.)
That’s where a new tool called Knockoff comes in. The web extension from the developer Josh Pigford automatically sorts through brands on Amazon to filter out the sketchy options, and highlights the retailers that consumers can count on for quality service and products.
How Knockoff filters out the slopPigford was inspired to create Knockoff by his own experience shopping for a grass trimmer, when his died while he was doing yard work over the weekend.
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“I did the usual search on Amazon for replacement parts and the tools needed for that and I had the hardest time just finding well-made tools,” Pigford tells Fast Company over email. “Everything I was finding were those nonsensical brandnames with almost no selling history.”
[Image: Knockoff]“I think the first time I ever noticed how insane some of these brands were was when I shopping for a dog bed maybe two years ago and the top products were made by WNPETHOME and EHEYCIGA,” he adds. “So, I decided to build Knockoff to hide all of that and focus on what I think most people would at least subjectively call more ‘trustworthy’ brands.”
As Knockoff puts it on its website, the browser extension filters out knockoff retailers “so what’s left is brands with a reputation to lose.” It works by checking search results against a curated list of more than 5,000 established brands, then scoring unknown names based on their likelihood of being a pseudo-brand. Users can also help refine the tool by reporting any misclassifications, adding a human touch to the automatic filter.
Microsoft (MSFT 1.41%) has been a terrible investment in 2026. The stock has declined 21% year to date, and it has been a straight line down since 2026 began. To add injury to insult, Microsoft stock is now down around 30% from its all-time high set last October. It has been a nearly year-long run of Microsoft disappointment, but is now the time to buy the stock?
A few days ago, Microsoft hit a 52-week low, but it has rallied a bit since then. Still, it looks primed to deliver incredible upside, as it's a strong player in the artificial intelligence (AI) space and is taking a balanced approach to the major economic shift.
Image source: Getty Images.
Microsoft is a screaming deal Microsoft is approaching AI from several different angles. First, it is developing Copilot, its AI tool to assist users of its other software products. This has been a strong addition to Microsoft's lineup, helping push its AI annual recurring revenue to $37 billion, up 123% year over year in its most recent quarter.
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Another way Microsoft is thriving is from cloud revenue. Few companies have the computing resources available to build and run AI applications, so they rent them from cloud computing platforms like Microsoft Azure. Azure hosts countless generative AI models, so users can pick and choose which large language model (LLM) is right for them. Azure is growing rapidly, with 40% revenue growth during its last quarter.
While Azure is technically neutral about which AI model is used, Microsoft would prefer that its users deploy ChatGPT, the model from OpenAI. Microsoft is a major OpenAI investor and exchanged computing power for equity in OpenAI. This has led Microsoft to build up a massive 27% stake in OpenAI.With OpenAI projected to go public at a valuation of $1 trillion or more, this investment appears to be paying off for Microsoft.
All three of these are top reasons to invest in Microsoft, yet the stock is priced at dirt cheap levels.
Data by YCharts.
At less than 20 times forward earnings and well below its five-year average of 30.2, Microsoft looks like a screaming deal, especially with the S&P 500 trading for 21.7 times forward earnings. Microsoft is a fantastic stock pick that's on sale for no good reason. I won't be surprised to see Microsoft stock skyrocket sometime in July, especially with its earnings coming out later this month. That could be the catalyst it needs to kick-start its return, making now the perfect time to buy it.
Microsoft shares are experiencing downward pressure. What’s pulling MSFT shares down? Replacing OpenAI and AnthropicAccording to Bloomberg, tens of thousands of AI prompts in Excel and Outlook are now being completed each week using Microsoft’s internally built MAI (Microsoft AI) models — a scale of usage that hasn’t been previously reported. Previously, both applications relied more heavily on models from OpenAI and Anthropic.
Microsoft uses massive quantities of AI tokens across products like its workplace assistant Copilot. For now, the company receives a significant portion of that technology at a discount through its long-standing partnership with OpenAI — but that arrangement has a clock on it, and Suleyman’s team is working to ensure Microsoft isn’t exposed to whatever pricing the leading AI labs decide to charge once the partnership terms shift.
The company announced seven new MAI models at its Build conference in June, including one it says can match the coding abilities of Anthropic’s Opus 4.6 model at a reduced cost. MAI models are also now available within GitHub Copilot, and Suleyman has said a Microsoft-built transcription model will begin appearing in Teams and other products in the coming months.
Microsoft Shares DropMSFT Price Action: At the time of publication, Microsoft shares are trading 1.52% lower at $377.52, according to data from Benzinga Pro.
Image via Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Important Notice Regarding Alleged AI Product Misrepresentations and Concealed Copilot Deficiencies at Microsoft
, /PRNewswire/ -- SueWallSt notifies investors in Microsoft Corporation (NASDAQ: MSFT) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between May 1, 2025 and January 28, 2026. Submit your information here. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
Microsoft shares traded above $550 during the Class Period as the Company touted "best-in-class" AI capabilities and record Copilot adoption. The lead plaintiff deadline is August 11, 2026.
The Alleged AI Product Deception
The artificial intelligence sector has attracted hundreds of billions in enterprise spending, and Microsoft positioned itself at the center of that wave. Throughout the Class Period, the Company claimed its Copilot family of products enjoyed surging adoption, with management representing that 90% of the Fortune 500 used Microsoft 365 Copilot and that paid commercial seats grew 7% year-over-year to over $430 million. The lawsuit contends these statements concealed a far different reality.
How Copilot's Alleged Deficiencies Affected Investor Confidence
According to the complaint, Microsoft's Copilot products suffered from significant brand positioning failures, user experience shortcomings, data siloing constraints, computational capacity bottlenecks, organizational dysfunction, and interoperability problems. The action further alleges that:
Copilot's brand was fragmented through numerous launch versions across various consumer and enterprise applications with inconsistent features and unclear differentiation Data siloing prevented Copilot from delivering the "Work IQ" contextual intelligence that management claimed set the product apart from competitors Computational capacity constraints limited the product's ability to perform complex agentic workflows that executives publicly promoted Organizational problems hampered coordination between teams responsible for different Copilot iterations Interoperability failures undermined claims that Copilot seamlessly integrated across Outlook, Word, Excel, PowerPoint, and Teams The "freemium" to paid seat conversion pipeline was allegedly far weaker than management's representations suggested The Circular Investment Risk Allegedly Hidden from Shareholders
The lawsuit also contends that Microsoft downplayed the circularity embedded in its multibillion-dollar AI partnerships. The Company invested over $13 billion in OpenAI and committed up to $5 billion in Anthropic, while those same partners contracted to purchase billions in Azure services. This arrangement allegedly created concentration risk that management minimized even as it drove reported Azure revenue growth figures that the market relied upon.
Act now. Click here to learn more or call (888) SueWallSt.
"This case presents important questions about AI product disclosure obligations in the enterprise technology sector. When a company represents that its flagship AI offering is 'best-in-class' and enjoying record adoption, investors are entitled to know about material technical and organizational problems undermining those claims." -- Joseph E. Levi, Esq.
Submit your information to join this case or contact Joseph E. Levi, Esq. at (888) SueWallSt.
WHY SUEWALLST: SueWallSt is a brand of Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the MSFT Lawsuit
Q: What is the MSFT class action lawsuit about? A: A securities class action has been filed against Microsoft Corporation (NASDAQ: MSFT) alleging materially false and misleading statements about the Company's AI initiatives, Copilot products, and Azure cloud platform between May 1, 2025 and January 28, 2026. The complaint alleges Microsoft concealed significant technical and organizational problems while touting record AI adoption.
Q: Who is eligible to join the MSFT investor lawsuit? A: Investors who purchased MSFT stock or securities between May 1, 2025 and January 28, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: What do MSFT investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Contact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost, no-obligation case evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as an absent class member.
Q: What if I already sold my MSFT shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What specific misstatements does the MSFT lawsuit allege? A: The complaint alleges Microsoft made materially false or misleading statements regarding Copilot's adoption rates, technical capabilities, competitive positioning, and the return on investment for AI-related capital expenditures, while concealing brand positioning failures, data siloing, and computational capacity problems.
Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
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Integration Empowers Organizations with Seamless, Fraud-Resistant Identity Verification and Authentication Across All Environments July 09, 2026 09:03 ET | Source: 1Kosmos
ISELIN, N.J., July 09, 2026 (GLOBE NEWSWIRE) -- 1Kosmos, a leader in unifying identity proofing and passwordless authentication, today announced it has extended its existing partnership with Microsoft (Nasdaq: MSFT) as an official Entra Verified ID services and solution partner. This collaboration enables organizations to secure remote onboarding and establish enhanced digital trust using verifiable credentials issued by the 1Kosmos platform to eliminate hiring fraud, synthetic identities, and unauthorized account creation.
The 1Kosmos platform, integrated with Microsoft Entra Verified ID, offers an integrated solution for modernizing identity verification and is available on the Microsoft Security Store. 1Kosmos performs secure identity proofing by verifying government-issued credentials and matching them to a real-time biometric selfie with liveness detection, establishing high-assurance digital identities. This integration provides secure remote onboarding, ensuring the authenticity of users and strengthening identity assurance.
1Kosmos-Microsoft Entra Verified ID Capabilities
The 1Kosmos-Microsoft partnership enables customers to issue, hold, and verify cryptographically secure, tamper-evident digital identity credentials. Key features and benefits of the joint solution include:
Verifiable Credentials (VCs) & Decentralized Identity: Privacy-preserving digital identities backed by a decentralized private ledger for tamper-evident data and audit trails.Secure Remote Identity Proofing: Streamlined onboarding via verification of government IDs against live biometrics, certified to ISO/IEC 30107-3 and NIST IAL2/AAL2 standards.Seamless Entra Verified ID Integration: Facilitates identity issuance and verification, acting as an External Authentication Method (EAM) for Entra ID.Enhanced Fraud Prevention: Mitigates identity theft, synthetic identities, and account takeovers by binding verified identity to the user with advanced biometrics.Extended Passwordless Authentication: Provides strong, phishing-resistant passwordless access across environments beyond native Entra ID support (e.g., Mac, Linux, VPNs, PAM, legacy systems).Self-Service Password Reset & Account Recovery: Reduces IT Service Desk workload with biometric-backed self-service options for Entra ID, on-prem AD, and other accounts.Passwordless for Restricted Environments: Extends passwordless authentication to challenging use cases like kiosks and shared workstations using 1Kosmos 1Key biometric security keys. “Becoming a Microsoft Entra Verified ID partner reinforces our commitment to delivering the most secure and convenient identity solutions for employee onboarding,” said Mike Engle, Chief Strategy Officer for 1Kosmos. “This partnership provides organizations with a powerful, standards-based approach to remote onboarding and digital trust, ensuring robust and frictionless identity verification and authentication across their environments.”
“Strong partner ecosystems give customers the flexibility to choose the solutions that best meet their needs,” said Ankur Patel, Partner Group Product Manager at Microsoft. “We’re pleased to see 1Kosmos join the expanding set of identity verification partners supporting secure, high-assurance account recovery.”
For more information on the 1Kosmos - Microsoft Entra Verified ID solution for secure remote onboarding, please visit https://marketplace.microsoft.com/en-us/product/saas/onekosmosinc1744391571698.1kosmos_verification?tab=Overview .
About 1Kosmos
1Kosmos enables remote identity verification and passwordless multi-factor authentication for workers, customers, and residents to securely engage with digital services. By unifying identity proofing, credential verification, and strong authentication, the 1Kosmos platform prevents identity impersonation, account takeover, and fraud while delivering frictionless user experiences and preserving the privacy of users’ personal information.
The company conducts millions of authentications daily for major banks, telecommunications providers, technology and service providers, healthcare organizations, and retailers worldwide. 1Kosmos has raised more than $72M in venture capital funding, and is headquartered in Iselin, New Jersey. For more information, visit www.1kosmos.com and follow us on LinkedIn.
Media Contact:
Marc Gendron
Marc Gendron PR for 1Kosmos
617-877-7480 [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a07c8de-329e-447e-9167-606551acdee4
NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, July 9, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.
Two recent incidents regarding a Boeing 737 MAX aircraft have put Boeing Co. NYSE: BA stock back in the spotlight, and not in a good way. Both incidents occurred on Southwest Airlines NYSE: LUV jets. The timing is notable, landing just as Boeing works to reassure investors that its production and quality-control issues are behind it.
Boeing Today
$223.46 -1.50 (-0.66%)
As of 10:06 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$176.77▼
$254.35P/E Ratio108.36
Price Target$261.61
The first incident occurred on Southwest Flight WN139, which made an emergency return to Maui. The Boeing 737 MAX 8 was en route from Kahului to Las Vegas on July 5, 2026, when the crew reported a mechanical issue. Rather than continuing toward the mainland, the flight diverted to Honolulu.
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Passengers described a tense but orderly return, and the aircraft landed safely with no reported injuries. Southwest confirmed the diversion as a precaution, and the plane was inspected before returning to service.
A second, less-reported incident also involved a Southwest MAX 8. That flight, traveling between Denver and Dallas, diverted after the crew flagged a technical issue in mid-flight. Details are thinner, with limited official confirmation so far. Together, the two incidents highlight how quickly minor mechanical alerts can draw scrutiny, especially with a model still shadowed by its troubled history.
737 MAX Incidents Put Boeing Stock Back Under the MicroscopeThe company faced intense scrutiny after two fatal crashes involving the 737 MAX in 2018 and 2019, which led to a worldwide grounding of the aircraft. There's no indication that either recent event involved MCAS, the flight-control system tied to that earlier crisis.
This hasn’t turned into a sell-the-news event. BA is down only about 0.67% over the five days ending July 8. LUV is down about 3.01% over the same period. These new incidents, however, remind investors of the inherent risk in this sector.
One of those risks is the price of jet fuel, which is moving higher as U.S. President Donald Trump recently announced the U.S.-Iran ceasefire is over. For investors tracking BA and LUV, these incidents add a fresh variable to an already complex earnings picture heading into the back half of 2026.
Boeing's Production Recovery Still Faces Execution RisksBoeing's latest earnings paint a picture of a company gaining operational footing while still carrying real risk. Production discipline is the headline: 737 output has stabilized at 42 jets monthly, with plans to reach 47 this summer and eventually 52 once the new Everett North Line comes online.
Certification progress reinforces that momentum, with the 737-7/737-10 nearing final approval, the 777-9 advancing through FAA testing, and a supplier engine issue reportedly identified and being resolved. Higher MTOW approval on the 787-9/787-10 adds further flexibility.
Still, execution risk hasn't disappeared. A wiring nonconformance forced rework on 25 737s, pushing some deliveries into Q2. The 787 program faces its own delays, tied to seat certification and engine timing. Meanwhile, the Spirit AeroSystems integration remains a financial drag, expected to cost roughly $1 billion in cash this year.
Taken together, the stakes center on execution consistency. Boeing has a credible production ramp and certification runway ahead. That’s why the company can ill afford to deal with recurring quality lapses, particularly while integration costs threaten to undercut that progress. Investors will be watching whether operational discipline can outpace recurring one-off setbacks that still weigh on delivery timelines and cash flow.
Higher Fuel Prices Add Pressure to Airline StocksThe risk to Southwest and other airlines is not direct, but it’s nonetheless real.
Buyer behavior matters. Anecdotal evidence showed consumers actively sought out airlines and flights that didn’t use the 737 MAX after the 2018-2019 crashes. Southwest uses the 737 MAX extensively in its fleet, so the operational risk is real, albeit hard to quantify.
Southwest Airlines Today
LUV
Southwest Airlines
$49.47 +0.81 (+1.67%)
As of 10:06 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$28.98▼
$55.11Dividend Yield1.46%
P/E Ratio31.89
Price Target$49.58
That risk comes at a time when energy prices are on the rise, which means higher jet fuel prices at a time when the consumer is weak. Overall travel demand, including airline demand, has remained solid so far, despite sticky inflation and higher-for-longer interest rates that affect consumers at multiple levels.
Airlines such as Delta NYSE: DAL, which cater to a premium consumer, may not feel the impact as much as Southwest, which relies on a more budget-conscious consumer. That said, while consumers have options, Southwest has significant equity built with its customer base.
Energy prices will be the bigger short-term story for all the airline stocks, including Southwest. And due to the FIFA World Cup, Southwest and other airlines are likely to post good numbers this earnings season. Adding to the bull case, analysts have been raising their price targets for LUV despite the incidents.
If the investigation doesn’t reveal a systemic issue with the 737 Max, investors can remove that risk from their assessments of Southwest and Boeing. But in two sectors where the margin of error is slim, investors may want to exercise caution in the short term.
Should You Invest $1,000 in Southwest Airlines Right Now?Before you consider Southwest Airlines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southwest Airlines wasn't on the list.
While Southwest Airlines currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Purchase Licensing Rights, opens new tab
NEW YORK, July 9 (Reuters) - Citigroup said it completed its first instant international payment in dollars with a partner bank, Thailand's Siam Commercial Bank.
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Phillip Securities Thailand, a client of SCB, made an instant transfer of funds in dollars from a Citigroup account in the UK to a Siam Commercial Bank account in Thailand during the U.S. July 4 holiday weekend, Citigroup said in a statement.
SCB is among the 300 banks integrated with Citi's international instant payments network that serves multinational clients at Citi's Services division.
Citi's Head of Payments Debopama Sen said she sees rising client interest in instant international transfers between accounts in different banks.
Instant international transfers through tokenized deposits within Citigroup accounts held by companies are close to $1 billion daily. Citigroup’s global payments division processes around $6 trillion daily across 180 countries.
Reporting by Tatiana Bautzer; Editing by Lincoln Feast.
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Tatiana Bautzer is a U.S. banking correspondent at Reuters in New York. She previously covered banks in Brazil, breaking news on deals by major global corporations, initial public offerings and bankruptcies. She has also delved into corruption scandals at Brazilian conglomerates and business disputes between billionaires. Prior to joining Reuters in 2015, Bautzer worked for business magazines Exame and Istoe Dinheiro and newspapers Valor Economico and O Estado de S. Paulo. She previously served as international correspondent for Valor Economico in Washington, D.C., covering multilateral institutions and trade. Bautzer holds a B.A. in Journalism and an MBA from the University of Sao Paulo.
NEW YORK--(BUSINESS WIRE)--The Siam Commercial Bank (SCB) and Citi announce SCB as the first financial institution client globally to go live with Citi's newly integrated 24/7 USD Clearing and Citi Token Services solution. With this, Citi is enabling near real-time, round-the-clock, cross-border USD payments for its corporate and institutional clients. This collaboration is a demonstration of both institutions' commitment to digital innovation as a driver of commercial growth. For The Siam Comm.
Nike (NKE - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this athletic apparel maker have returned -2.4%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Shoes and Retail Apparel industry, which Nike falls in, has lost 1.2%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Nike is expected to post earnings of $0.44 per share, indicating a change of -10.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -4.1% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.76 points to a change of +11.4% from the prior year. Over the last 30 days, this estimate has changed -4.8%.
For the next fiscal year, the consensus earnings estimate of $2.38 indicates a change of +35.5% from what Nike is expected to report a year ago. Over the past month, the estimate has changed -6.8%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Nike.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Nike, the consensus sales estimate of $11.39 billion for the current quarter points to a year-over-year change of -2.8%. The $46.32 billion and $48.22 billion estimates for the current and next fiscal years indicate changes of -0.2% and +4.1%, respectively.
Last Reported Results and Surprise HistoryNike reported revenues of $10.97 billion in the last reported quarter, representing a year-over-year change of -1.1%. EPS of $0.2 for the same period compares with $0.14 a year ago.
Compared to the Zacks Consensus Estimate of $10.85 billion, the reported revenues represent a surprise of +1.13%. The EPS surprise was +81.82%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Nike is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nike. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
Canopy Growth Corporation (CGC - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this company have returned -4.5% over the past month versus the Zacks S&P 500 composite's +1.1% change. The Zacks Medical - Products industry, to which Canopy Growth belongs, has gained 2.5% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Canopy Growth is expected to post a loss of $0.04 per share for the current quarter, representing a year-over-year change of +71.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -50%.
The consensus earnings estimate of -$0.11 for the current fiscal year indicates a year-over-year change of +75.6%. This estimate has changed -13.8% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $0.09 indicates a change of +18.2% from what Canopy Growth is expected to report a year ago. Over the past month, the estimate has changed +80%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Canopy Growth is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Canopy Growth, the consensus sales estimate of $58.52 million for the current quarter points to a year-over-year change of +12.3%. The $243.57 million and $266.23 million estimates for the current and next fiscal years indicate changes of +18.3% and +9.3%, respectively.
Last Reported Results and Surprise HistoryCanopy Growth reported revenues of $51.94 million in the last reported quarter, representing a year-over-year change of +14.7%. EPS of -$0.17 for the same period compares with -$0.94 a year ago.
Compared to the Zacks Consensus Estimate of $53.26 million, the reported revenues represent a surprise of -2.47%. The EPS surprise was -183.33%.
Over the last four quarters, Canopy Growth surpassed consensus EPS estimates two times. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Canopy Growth is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Canopy Growth. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Punters on Polymarket are wagering on what it will cost to rent Nvidia's H100 chip by the end of July, and the market says more about the AI economy than almost any equity index.
Traders currently assign a 43% probability that the benchmark rental rate lands between $2.30 and $2.60 per hour, with a 26% chance of $2.60 to $2.90.
Only 2% expect prices below $2.00, the level that would signal genuine oversupply.
The contract resolves against the Ornn H100 Index, a benchmark tracking hourly rental rates across cloud providers.
That such an index exists at all may be the real story: compute is becoming a tradeable commodity, like oil or wheat.
The Ornn index has been available on the Bloomberg Terminal since April, and Intercontinental Exchange, one of the world's largest exchange operators, has announced plans to launch GPU futures contracts tied to a compute price benchmark.
That would give hedge funds and commodity traders a direct way to bet on AI demand without buying shares in Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) or Microsoft Corp (NASDAQ:MSFT).
The price itself is a live macro signal. One-year H100 rental contracts surged roughly 40% between October 2025 and March 2026, from $1.70 to $2.35 per hour, as an unexpected compute crunch took hold.
Most analysts had assumed the opposite: that older Hopper chips would tumble in price as Nvidia's newer Blackwell generation ramped up.
Instead, surging inference demand from AI agents and coding tools absorbed capacity faster than it could be built, with clusters reportedly booked out until autumn.
Prices have since cooled from a May spike, which is why the Polymarket consensus clusters in the middle of the range.
If rates hold above $2.30, it suggests AI demand is still outrunning supply; a slide below $2.00 would be the first hard evidence the compute boom is easing.
It’s been an unforgiving past week for the iShares Semiconductor ETF (NASDAQ:SOXX), down just over 8%, even with the 3.6% bounce on Wednesday. Meanwhile, shares of Nvidia (NASDAQ:NVDA | NVDA Price Prediction) are up close to 6%, a stark contrast to the action we’ve seen in the semis of late.
In many ways, it feels like Nvidia trades more like a member of the Magnificent Seven than like just another semiconductor firm. Given its wide economic moat and opportunities that go far beyond chips, perhaps Nvidia deserves to rally on the up days for the semis while being mostly spared from the pain when the semis implode.
Since the start of the year, Nvidia hasn’t really traded closely with the hotter iShares Semiconductor ETF. With the GPU giant missing the boat on the way up, perhaps it should come as no surprise to see the firm being spared from the latest wave of selling that hit the semiconductor scene so suddenly.
Nvidia’s been surprisingly resilient amid the latest round of semi volatility While it’s far too soon to tell if Nvidia is immune to the semiconductor sell-off, something I mentioned in passing in a prior piece covering the AI chip giant, I do think that the company is behaving more like a defensive play on the chip scene.
And once momentum does reverse course, I do view Nvidia as a firm that could outperform by losing less ground than its more cyclical peers that lack that software moat. Whether we’re talking about the CUDA lock-in or other profoundly powerful tools that enable new technological trends (think NVQLink), it’s clear that Nvidia is just a cut above many of the far-hotter DRAM or NAND makers.
Beyond its more magnificent attributes that go above the hardware layer, and its many partnerships with some of the best forces across the AI scene, Nvidia has arguably already paid its dues in the past six months, with shares dragging their feet not only relative to the red-hot semis, but the Nasdaq 100, the S&P 500, and even Coca-Cola (NYSE:KO), which posted is up 20% year to date.
Will Nvidia’s resilience continue if the semi sell-off gets really bad? Just because Nvidia shares have been incredibly resilient thus far doesn’t mean they can’t suddenly fall in sympathy with the rest of the semi scene. But, unlike most other pricier semi plays, Nvidia has that lower valuation that it can fall back on.
The stock trades at just north of 31.0 times trailing price-to-earnings (P/E) while the iShares Semiconductor ETF goes for a closer to 40.0 times trailing P/E.
I don’t think it makes a lot of sense for Nvidia to go for a discount when it’s arguably the most dominant company in the semi waters, with a visionary leader in Jensen Huang whose leadership deserves to go for a big, fat premium to the industry, at least in my view.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
With that lower valuation cushion and lots of earnings-growth fuel as the “Vera Rubin boom” arrives, I do think Nvidia might be the only semi stock to “safely” reach for at a time like this, when investors fear higher rates and a peaking out of the hyper-cylical chip plays.
The bear case is still quite scary for Nvidia shareholders Where Nvidia’s relative resilience could collapse, though, is if hyperscalers hint at tying future CapEx to the ROIs that flow in.
Indeed, you don’t even need a hyperscaler to step up to the podium to announce that CapEx is coming down or staying at a ceiling for the semis, including Nvidia, to enter a vicious, panic-driven sell-off. I have no idea when or if the hyperscalers will start getting serious about monetization.
When the Fed started raising rates back in 2022, much of big tech looked to layoffs in what was a year of efficiency after overhiring in the years prior. Could the same happen to AI, especially now that they’ve cut costs elsewhere to keep their AI CapEx in a competitive spot? Time will tell.
Either way, a CapEx freeze from one hyperscaler, I think, might be enough to cause a panic and perhaps a violent rotation away from AI and towards less-CapEx-intensive businesses outside of tech. Over the long run, I expect CapEx to shoot higher.
But does that mean one “freeze” year is off the table? In my view, one AI winter might be the healthiest thing for the AI revolution from a long-term perspective.
The bottom line So, in short, Nvidia looks immune this past week, and while it could continue to be a better chip stock to own amid volatility, I think all bets are off should a hyperscaler stop raising the bar on CapEx.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
July 09, 2026 10:00 ET | Source: American Airlines, Inc.
FORT WORTH, Texas, July 09, 2026 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its second-quarter 2026 financial results conference call July 23 at 7:30 a.m. CT.
The webcast will be available on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website.
About American Airlines Group (NASDAQ: AAL)
American Airlines is a premium global airline connecting more of the U.S. to the world. With roots tracing back to an air mail carrier in the Midwestern United States in 1926, American now operates more than 6,000 daily flights to more than 350 destinations in more than 60 countries and serves more than 200 million customers annually. Powered by a proud and talented team of 130,000 aviation professionals, American’s team lives out the airline’s purpose of caring for people on life’s journey every day.
The world’s largest airline proudly celebrates its centennial year in 2026, reaching a milestone that reflects a century of innovation and the Forever ForwardSM spirit that changed the industry and the world. American introduced the first scheduled air cargo service, the first airport lounge and the first airline loyalty program and continues to reinvent the customer experience today. The airline is also a founding member of the oneworld alliance, whose members serve more than 900 destinations around the globe.
Get the latest about American at news.aa.com and @AmericanAir.
Following recognition as #1 in Customer Satisfaction for Small Business Wireless Service in 2025, AT&T was rated highest among internet providers for small business internet customer satisfaction, reinforcing its advantage in converged connectivity
Key Takeaways:
AT&T ranked #1 in Customer Satisfaction for Small Business Internet Service in the JD Power 2026 U.S. Business Internet Satisfaction Study.1 The company was also ranked #1 in Customer Satisfaction for Small Business Wireless Service in the 2025 U.S. Business Wireless Customer Satisfaction Study.2 Together, these recognitions reinforce AT&T Business' leadership in converged connectivity – internet and wireless coming together to keep businesses connected – and shows how we meet high expectations for performance, reliability, and customer care nationwide. With fast, secure business-grade internet connectivity and 24/7 customer care support, AT&T helps small businesses operate with confidence and stay focused on serving their customers. , /PRNewswire/ -- AT&T was ranked highest for small business internet customer satisfaction in the JD Power 2026 U.S. Business Internet Satisfaction StudySM, following the company's #1 ranking in Customer Satisfaction in Small Business Wireless Service in the JD Power 2025 U.S. Business Wireless Satisfaction StudySM. Together, these recognitions reflect AT&T's continued focus on delivering what small businesses need: converged connectivity. Small businesses are looking for reliable internet and wireless solutions that work together to serve customers, support employees, manage operations, and stay connected even when conditions change.
The JD Power 2026 U.S. Business Internet Satisfaction Study evaluated performance and reliability, cost of service, communications, billing, digital account management, and customer service. AT&T's top ranking places the company ahead of its competitors and reflects the complete experience small businesses depend on. Its differentiation comes from the strength of its network and the way it brings performance, reliability, and customer service together without added complexity.
"For small businesses, connectivity goes beyond utility. It's the foundation for serving customers, managing day-to-day operations, and staying ready for what's next," said Melissa Arnoldi, executive vice president and general manager, AT&T Business. "These JD Power recognitions show that small businesses value the reliable service and experience AT&T delivers across both internet and wireless. Connecting changes everything, and we're committed to giving business owners the confidence to move business forward, backed by the scale, reliability, and security of our network."
Why Small Businesses Choose AT&T
Small businesses need more than an internet connection. They need technology that helps keep them running across locations, employees, devices, and customer interactions. The JD Power rankings show AT&T does just that and how it stands apart from other providers.
The company offers business-grade connectivity solutions designed to simplify operations and help businesses work smarter, supported by dedicated 24/7 customer service, including:
AT&T Business Fiber® with 5G Backup – Small businesses can't afford downtime. Our Integrated Gateway for AT&T Business Fiber®3 combines our fiber infrastructure with our nationwide 5G network. It delivers fast, dependable wired internet with symmetrical upload and download speeds up to 5 GIG4 and 99.9% uptime5. If there's a fiber outage, built-in 5G backup helps keep businesses connected. AT&T Internet Air® for Business – For small businesses that need a simple, flexible internet option, AT&T Internet Air® for Business delivers 5G-powered connectivity that's easy to install and runs over the reliable AT&T 4G, 5G & 5G+ wireless network.6 AT&T Wireless Broadband – For teams that need internet beyond a fixed location, AT&T Wireless Broadband provides an on-the-go internet solution over the AT&T cellular network. AT&T Dynamic Defense® – Cybersecurity can be hard for small businesses to manage on their own. AT&T Dynamic Defense® on AT&T Business Fiber provides best-in-class intelligence that adapts to ever-evolving threats and risks, helping protect small businesses by reducing the amount of malicious traffic from ever reaching their network.7 AT&T Guarantee® for Business – Small business owners need a provider that stands behind every connection. We are the first and only carrier with a guarantee that includes both wireless and fiber networks. The AT&T Guarantee® for Business reflects AT&T's commitment to providing the connectivity businesses depend on, the deals they want, and prompt, friendly service they deserve, or we'll make it right. In the rare event of a network outage, we'll credit you for your AT&T Business internet or wireless downtime.8 "Small businesses do not run on internet or wireless alone. They need both working together to stay connected wherever business happens," said Viraj Parekh, vice president of converged networking, AT&T Business. "That's what converged connectivity is solving, and it is where AT&T is continuing to invest. By bringing together fiber, 5G, wireless backup, and network-based security on the strength of the AT&T network, we're giving small businesses a simpler, more reliable way to connect that is built for how they operate. Being ranked #1 by customers for both small business internet and business wireless customer satisfaction shows that our converged approach is delivering a better experience than the competition."
With America's largest wireless network and a growing fiber footprint supported by significant capital investment, AT&T is delivering business-grade connectivity small businesses can count on.
To learn more about AT&T Business internet solutions, visit business.att.com.
JD Power U.S. Business Internet Satisfaction Study Methodology
The 2026 U.S. Business Internet Satisfaction Study is based on responses from 4,091 business customers of internet services. The study evaluates business internet experiences across seven factors: performance and reliability; cost of service; communications; sales representatives (medium business and large enterprise); billing; digital account management; and customer support. The large enterprise segment includes businesses with 500 or more employees; the medium business segment includes businesses with 20 to 499 employees; and the small business segment includes businesses with less than 20 employees. The study was fielded from March through May 2026.
For more information about the U.S. Business Internet Satisfaction Study, visit www.jdpower.com/business/u-s-business-internet-satisfaction-study.
1AT&T received the highest score among small businesses in the JD Power 2026 U.S. Business Internet Satisfaction Study, which measures overall satisfaction among business customers of internet services. Visit jdpower.com/awards for more details.
2AT&T received the highest score in the small business segment of the J.D. Power 2025 U.S. Business Wireless Satisfaction Study, which measures customers' satisfaction with their current business wireless carrier. Visit jdpower.com/awards for more details.
3Integrated Internet Back-up: Requires Business 1-Gig or higher & WNC-CGW452 gateway. Wireless Data Restrictions: After 250GB, AT&T may temporarily slow data speeds if the network is busy & data speeds are up to a max of 3 Mbps. Video streaming limited to SD. Speed, coverage, and performance not guaranteed. Feature subject to AT&T network agreement practices (att.com/broadbandinfo). Wireless backup does not work in the event of power loss. Battery backup options may be available at an additional cost. Add'l terms & restrictions apply. For details, see the AT&T Customer Service Agreement (att.com/CSA) and the additional Integrated Backup incorporated therein.
4Based on wired connection to gateway.
5Based on network availability.
6AT&T 5G requires compatible plan and device. Coverage not available everywhere. Learn more at att.com/5Gnetwork.
7AT&T Dynamic Defense® is available with AT&T Dedicated Internet℠, AT&T Switched Ethernet on Demand℠ with Internet Offload, and select areas for AT&T Business Fiber.
8Credit for fiber downtime lasting 20 minutes or more, or for wireless or AT&T Internet Air for Business downtime lasting 60 minutes or more if connected to impacted tower at onset of outage. Wireless downtime must be caused by single incident impacting 8 or more towers. Restrictions and exclusions apply. See details
About AT&T
We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 150 years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.
MasterCard (MA - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this processor of debit and credit card payments have returned +6.3% over the past month versus the Zacks S&P 500 composite's +1.1% change. The Zacks Financial Transaction Services industry, to which MasterCard belongs, has gained 7.8% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
MasterCard is expected to post earnings of $4.75 per share for the current quarter, representing a year-over-year change of +14.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +0%.
For the current fiscal year, the consensus earnings estimate of $19.61 points to a change of +15.3% from the prior year. Over the last 30 days, this estimate has changed +0.1%.
For the next fiscal year, the consensus earnings estimate of $22.68 indicates a change of +15.7% from what MasterCard is expected to report a year ago. Over the past month, the estimate has changed +0.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for MasterCard.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of MasterCard, the consensus sales estimate of $9.06 billion for the current quarter points to a year-over-year change of +11.5%. The $37 billion and $41.64 billion estimates for the current and next fiscal years indicate changes of +12.8% and +12.5%, respectively.
Last Reported Results and Surprise HistoryMasterCard reported revenues of $8.4 billion in the last reported quarter, representing a year-over-year change of +15.8%. EPS of $4.6 for the same period compares with $3.73 a year ago.
Compared to the Zacks Consensus Estimate of $8.29 billion, the reported revenues represent a surprise of +1.26%. The EPS surprise was +4.55%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
MasterCard is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about MasterCard. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Ahead of Bank of America Corp‘s (NYSE:BAC) second-quarter earnings report on Tuesday, July 14, investors are likely eyeing potential dividend gains.
Currently, the bank has an annual dividend yield of 1.92% — a quarterly dividend of 28 cents per share ($1.12 a year).
So, how can investors use its dividend yield to pocket a regular $500 per month?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $312,313 or around 5,357 shares. For a more modest $100 per month or $1,200 per year, you would need $62,439 or around 1,071 shares.
To Calculate Bank of America DividendsDivide the desired annual income ($6,000 or $1,200) by the dividend ($1.12 in this case). So, $6,000 / $1.12 = 5,357 ($500 per month), and $1,200 / $1.12 = 1,071 shares ($100 per month).
Note that dividend yield can change on a rolling basis; the dividend payment and the stock price fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in Bank of America dividends can affect the yield. If a company increases its dividend, its yield will also increase, provided the stock price remains unchanged. Conversely, if the dividend payment decreases, so will the yield.
BAC Price Action: Shares of Bank of America fell 2.6% to close at $58.30 on Wednesday.
Analysts expect the bank to report quarterly earnings of $1.12 per share. That’s up from 89 cents per share a year ago. The consensus estimate for Bank of America’s quarterly revenue is $30.6 billion. It reported $26.46 billion last year, according to Benzinga Pro.
UBS analyst Erika Najarian, on Tuesday, maintained Bank of America with a Buy and raised the price target from $63 to $68.
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
Managed Account Advisors (MAA) platform, which helps advisors build and manage personalized portfolios, surpassed $1 trillion in client assets. Launched in 2006, MAA enables advisors to deliver tailored investment portfolios more efficiently and at scale. The platform brings together portfolio design and implementation in one place, helping advisors manage investments while staying focused on clients. , /PRNewswire/ -- Merrill today announced that its Managed Account Advisors LLC (MAA) platform surpassed $1 trillion in assets, reflecting two decades of growth and innovation. Since its launch in 2006, MAA has transformed how advisors deliver personalized investment portfolios at scale for clients across the wealth spectrum.
MAA is an integrated portfolio management platform that serves as a central resource for advisors to implement and manage Managed and Custom Managed Strategies within the Merrill Lynch Investment Advisory Program (IAP). The platform provides access to customizable model portfolios from Bank of America's Chief Investment Office (CIO), insights from BofA Global Research, and third-party investment managers, while streamlining day-to-day portfolio management.
"Reaching $1 trillion reflects the impact of MAA over the last two decades," said Nancy Fahmy, Head of the Investment Solutions Group at Merrill and Bank of America Private Bank. "Today, MAA brings together the breadth of Bank of America Private Bank and Merrill's investment insights and resources to power millions of client accounts, while freeing up advisors' time to focus on clients."
With MAA, advisors remain at the center of the investment process, working with clients to define goals, select strategies, and tailor portfolios to individual needs. MAA provides the infrastructure to implement, oversee, and adjust client portfolios more efficiently. The platform also supports robust reporting and tax-aware investing strategies based on client needs.
Since its inception, MAA has been an industry leader in innovation in managed solutions. MAA was among the first to transition separately managed accounts (SMAs) to model-based delivery and among the first to launch custom-managed strategies, enabling advisors to build tailored, multi-sleeve portfolios. MAA capabilities support clients across Merrill, Bank of America Private Bank, and Bank of America Consumer Investments.
"For nearly 20 years, Managed Account Advisors has pioneered how we deliver personalized portfolios at scale," said John Capelli, Head of Managed Account Advisors at Merrill. "MAA began as an innovative approach to managed solutions and is now a core engine powering how advisors serve clients today."
Frequently asked questions
Question: What is Managed Account Advisors (MAA)?
Answer: Managed Account Advisors (MAA) is Merrill's centralized portfolio management platform that helps advisors build, implement, and manage client investment portfolios at scale. It brings together insights from BofA Global Research and strategies from Bank of America Private Bank and Merrill's CIO and third-party investment managers into a single framework, making it easier for advisors to deliver consistent, personalized portfolios to clients.
Question: What are the benefits of MAA?
Answer: MAA helps advisors deliver a combination of scale, consistency, and personalization. It enables advisors to efficiently implement investment strategies across many client accounts while still tailoring portfolios to individual goals and preferences. This approach can free up time for advisors to focus on client relationships and planning. For clients, MAA provides access to professionally managed strategies, diversification, and tax-aware portfolio management.
Question: What is next for MAA?
Answer: MAA continues to evolve to meet changing client and advisor needs. Future enhancements are focused on expanding personalization, increasing tax-efficient investing capabilities, and adding new portfolio construction tools to give advisors greater flexibility in how they manage client portfolios. As client expectations grow, MAA will continue to innovate to deliver more tailored and efficient investment solutions.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Reporters may contact
Carolyn Batt, Bank of America
Phone: 1.646.983.1369
[email protected]
MAP #8989785
Important Disclosures
Investing involves risk. There is always the potential of losing money when you invest in securities.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
This material does not take into account a client's particular investment objectives, financial situations, or needs and is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. For more information about these services and their differences, speak with your Merrill financial advisor.
The Merrill Lynch Investment Advisory Program is an investment advisory program sponsored by Merrill. Merrill offers a broad range of brokerage, investment advisory and other services. There are important differences between brokerage and investment advisory services, including the type of advice and assistance provided, the fees charged, and the rights and obligations of the parties. It is important to understand the differences, particularly when determining which service or services to select. All recommendations must be considered in the context of an individual investor's goals, time horizon, liquidity needs and risk tolerance. Not all recommendations will be in the best interest of all investors. For more information about the Merrill Lynch Investment Advisory Program, including our fiduciary responsibilities, you may obtain a copy of the Merrill Lynch Investment Advisory Program Brochure by accessing the SEC website at www.adviserinfo.sec.gov.
The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., ("Bank of America") and Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S" or "Merrill"), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation.
Managed Account Advisors LLC (MAA), a Registered Investment Adviser and an affiliate of MLPF&S, is the overlay portfolio manager for implementing the strategies. MAA implements Merrill's strategy recommendations in accounts in the Merrill Lynch Investment Advisory Program (IAP), subject to any reasonable client-imposed restrictions, cash flow and other considerations.
BofA Global Research is research produced by BofA Securities, Inc. ("BofAS") and/or one or more of its affiliates. BofAS is a registered broker-dealer, Member SIPC and wholly owned subsidiary of Bank of America Corporation ("BofA Corp.").
Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp."). Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp.").
Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.
Altria (MO +0.34%), the largest tobacco company in America, might not seem like a reliable long-term investment. It owns Marlboro, the top cigarette brand in the country, but adult smoking rates in the U.S. have steadily declined over the past six decades. It also spun off its higher-growth overseas business as Philip Morris International (PM 0.92%) in 2008.
Yet over the past five years, Altria's stock has still rallied 56% and generated a total return of 129% after reinvesting dividends. It's also raised its dividend 60 times over the past 56 years, making it a Dividend King that has hiked its payout for at least 50 consecutive years.
Image source: Getty Images.
It pays a forward dividend yield of 5.8%, compared to the 10-Year Treasury's 4.6% yield, and it spent only 81% of its free cash flow (FCF) on dividends over the past 12 months. Let me explain why those dividends are sustainable, why its core business is still growing, and why it's a great income stock to buy this month as some investors shun stocks during the slow summer months.
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73.06
Why is Altria's business sustainable? For decades, Altria raised its cigarette prices, cut costs, and repurchased more shares to grow EPS even as revenue growth slowed. It expanded its portfolio of smoke-free products -- including e-cigarettes, nicotine pouches, and snus -- to curb its dependence on smokeable products. That's why it acquired the top e-cigarette brand, NJOY, in 2023. The expansion of its On! nicotine pouches has also been increasing its share of the oral tobacco market.
By 2028, Altria aims to generate at least $5 billion in smoke-free revenue, equivalent to 24% of its projected sales, to offset declining cigarette shipments. It also bought back 9% of its shares over the past five years, and those buybacks will continue for the foreseeable future.
Altria is naturally insulated from tariffs and trade wars, since it produces nearly all of its products within the United States and sells them here. Its smoke-free portfolio could also benefit from an FDA crackdown on the market's smaller alternative nicotine products.
Analysts expect Altria's EPS to grow at a 13% CAGR from 2025 to 2028 as those catalysts kick in. That's why its stock still looks like a bargain at 13 times this year's earnings, and why it will remain an attractive investment even if the broader market pulls back. As many investors "sell in May and go away" for the summer, I'm still willing to buy more Altria shares.
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.
Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
With this in mind, the Expected Surprise Prediction compares the Most Accurate Estimate (being the most recent) against the overall Zacks Consensus Estimate. The percentage difference provides the ESP figure. The system also utilizes our core Zacks Rank to provide a stronger system for identifying stocks that might beat their next quarterly earnings estimate and possibly see the stock price climb.
In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.
Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.
Should You Consider Exxon Mobil Holdings?The final step today is to look at a stock that meets our ESP qualifications. Exxon Mobil Holdings (XOM - Free Report) earns a #3 (Hold) 29 days from its next quarterly earnings release on August 7, 2026, and its Most Accurate Estimate comes in at $4.16 a share.
By taking the percentage difference between the $4.16 Most Accurate Estimate and the $3.98 Zacks Consensus Estimate, Exxon Mobil Holdings has an Earnings ESP of +4.40%. Investors should also know that XOM is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
XOM is part of a big group of Oils and Energy stocks that boast a positive ESP, and investors may want to take a look at Baker Hughes (BKR - Free Report) as well.
Baker Hughes, which is readying to report earnings on July 26, 2026, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $0.56 a share, and BKR is 17 days out from its next earnings report.
The Zacks Consensus Estimate for Baker Hughes is $0.50, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +12.38%.
Because both stocks hold a positive Earnings ESP, XOM and BKR could potentially post earnings beats in their next reports.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
SAN JOSE, Calif., July 09, 2026 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM) today announced a standalone offering for Zoom Virtual Agent (ZVA) Receptionist, enabling organizations to add an AI-powered front desk to their existing phone system without requiring Zoom Phone, helping organizations improve customer responsiveness, extend business availability, and capture more opportunities.
For many businesses, inbound calls are opportunities to win a customer, book an appointment, or strengthen an existing relationship. Yet according to research, 71% of consumers find calling a business more stressful than the issue they're trying to resolve, and 50% say they would switch to a competitor after a single bad experience.
With Zoom Virtual Agent Receptionist, organizations can provide fast, always-available customer assistance through natural, conversational AI that answers calls, assists customers, and routes inquiries around the clock. With support for more than 10 languages, built-in live transcription, appointment scheduling, and intelligent call routing, Zoom Virtual Agent Receptionist helps businesses deliver responsive customer experiences while enabling employees to focus on the conversations that matter most.
“Businesses shouldn’t have to replace their phone system to benefit from AI,” said Chris Moss, general manager of Zoom Phone. "Every inbound call is an opportunity to serve a customer or nurture a prospect. With the standalone Zoom Virtual Agent Receptionist offering, organizations can quickly add an AI-powered front desk to their existing systems, helping them answer more calls, respond faster, and stay available around the clock.”
Extending AI Receptionist capabilities beyond Zoom Phone
Originally introduced as part of Zoom Phone, Zoom Virtual Agent Receptionist is now available across existing business phone systems, making it easier for organizations to adopt AI without changing their communications infrastructure.
Answer and greet every caller with natural, conversational AI in multiple languages.Resolve common customer needs by answering business questions, scheduling appointments, and providing after-hours support.Connect customers to the right person with intelligent call routing and seamless handoff when human assistance is needed. Organizations can now add an AI-powered front desk without changing their existing phone system, making it easier to improve customer responsiveness while preserving existing technology investments and avoiding major migrations.
Whether supporting a retail store, healthcare practice, law office, or growing small business, Zoom Virtual Agent Receptionist helps ensure every caller receives timely, professional assistance while enabling employees to remain focused on serving customers.
Helping organizations capture every opportunity.
Since every inbound call has the potential to generate new business, appointments, or revenue, responsiveness is key to maintaining a competitive edge. During busy periods, after hours, or when employees are focused on helping customers in person, businesses often struggle to respond as quickly as customers expect.
By bringing AI receptionist capabilities to existing phone systems, Zoom is helping organizations improve responsiveness, extend business availability, and create better first impressions without disrupting the technology they already trust.
Available now
Standalone Zoom Virtual Agent Receptionist is available for purchase online beginning today, starting at $29.99 USD per month/100 minutes, or $24.99 USD per month/100 minutes with annual billing. To learn more, visit Zoom.com.
Organizations can also explore Zoom Virtual Agent Receptionist through a free trial program available to both new and existing customers.
About Zoom
Zoom (NASDAQ:ZM) is a system of action for modern work, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, phone, contact center, and more — all with the built-in assistance of Zoom AI. Founded in 2011, Zoom is headquartered in San Jose, CA. For more information, visit zoom.com.
GE Aerospace (GE - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this industrial conglomerate have returned +11.7% over the past month versus the Zacks S&P 500 composite's +1.1% change. The Zacks Aerospace - Defense industry, to which GE belongs, has gained 3.2% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
GE is expected to post earnings of $1.86 per share for the current quarter, representing a year-over-year change of +12.1%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of $7.48 for the current fiscal year indicates a year-over-year change of +17.4%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $8.67 indicates a change of +15.9% from what GE is expected to report a year ago. Over the past month, the estimate has remained unchanged.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for GE.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For GE, the consensus sales estimate for the current quarter of $11.86 billion indicates a year-over-year change of +16.8%. For the current and next fiscal years, $48.77 billion and $53.08 billion estimates indicate +15.2% and +8.8% changes, respectively.
Last Reported Results and Surprise HistoryGE reported revenues of $11.61 billion in the last reported quarter, representing a year-over-year change of +29%. EPS of $1.86 for the same period compares with $1.49 a year ago.
Compared to the Zacks Consensus Estimate of $10.64 billion, the reported revenues represent a surprise of +9.13%. The EPS surprise was +15.53%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
GE is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about GE. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
July 09, 2026 08:00 ET | Source: Verizon Communications, Inc.
At a glance:
Verizon will provide 5G Standalone and LTE connectivity directly to BMW Group vehicles in the U.S., delivering exclusive telematics support for the BMW Connected Drive system in newly manufactured vehicles The deal stems from Verizon’s long-term partnership with KDDI, which supplies its proprietary Global Communications Platform to BMW Group and global connected services to OEMs in various other industries NEW YORK and DALLAS, July 09, 2026 (GLOBE NEWSWIRE) -- Verizon Business and KDDI today announced a collaboration with BMW Group uniting Verizon’s world-class 5G and LTE networks, KDDI’s expansive Global Communications Platform, and BMW Group’s superior automotive engineering for a second-to-none connected-vehicle experience.
Verizon now provides telematics connectivity for new BMW, MINI, and other BMW Group vehicles manufactured for the U.S. market. This collaboration delivers cellular connectivity directly to BMW Group vehicles, enabling BMW Connected Drive and other digital infotainment, remote, app and telematics services.
“Verizon is committed to delivering seamless connectivity for customers. Our collaboration with BMW Group and KDDI prioritizes innovation and capability to advance the connected experience for drivers across the U.S.,” said Kyle Malady, CEO, Verizon Business.
This major launch stems from Verizon’s long-standing relationship with KDDI, who provides IoT services through its Global Communications Platform to Original Equipment Manufacturers (OEMs) in demanding industries. KDDI’s platform enables a programmable connected experience for BMW Group, giving the automaker complete control of the connectivity and data packets flowing reliably and securely through Verizon’s state-of-the-art 5G network. The service is available for all newly manufactured BMW Group vehicles in the United States.
“At KDDI, we are honored to support BMW Group’s next generation connected vehicle services with our Global Communications Platform,” said Satoshi Oishi, President & CEO, KDDI America Inc. “With over two decades of experience in connected car telecommunications, we understand the critical importance of performance and reliability. Together with BMW Group and Verizon, we are committed to delivering an exceptional connected driving experience to customers across North America.”
These vehicles are the first to be connected to Verizon’s nationwide 5G Standalone for Connected Vehicles offering using its 5G core and 3GPP Release 16 industry standards for 5G standalone.
Visit LinkedIn for more information about KDDI and its connected-vehicle subsidiary KDDI Spherience.
Visit Verizon’s connected-vehicle website to learn more about our services and capabilities or to reach out to a Verizon Business sales representative.
This announcement was originally published by Verizon. Read the original press release.
SummaryVerizon is rated a 'Strong Buy' due to its undervaluation, 6.7% yield, and improving fundamentals under the new CEO.Key drivers include postpaid phone net adds, broadband momentum, Frontier fiber integration, and AI-driven efficiencies supporting margin expansion.VZ trades at 8.6x forward P/E, below historical and peer multiples, with double-digit total return potential combining yield and EPS growth.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More » z1b/iStock via Getty Images
There is always something on sale in the market, and that’s a great thing for income investors. Such is the case with Verizon (VZ), which I last covered a while back in August 2023, highlighting its very attractive valuation
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of VZ 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.
I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.
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Goldman Sachs (GS - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this investment bank have returned +2.8%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Financial - Investment Bank industry, which Goldman falls in, has gained 6.4%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Goldman is expected to post earnings of $14.47 per share for the current quarter, representing a year-over-year change of +32.6%. Over the last 30 days, the Zacks Consensus Estimate has changed +3.5%.
For the current fiscal year, the consensus earnings estimate of $60.44 points to a change of +17.8% from the prior year. Over the last 30 days, this estimate has changed +2.3%.
For the next fiscal year, the consensus earnings estimate of $67.34 indicates a change of +11.4% from what Goldman is expected to report a year ago. Over the past month, the estimate has changed +2.4%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Goldman is rated Zacks Rank #2 (Buy).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Goldman, the consensus sales estimate of $16.49 billion for the current quarter points to a year-over-year change of +13.1%. The $64.75 billion and $67.99 billion estimates for the current and next fiscal years indicate changes of +11.1% and +5%, respectively.
Last Reported Results and Surprise HistoryGoldman reported revenues of $17.23 billion in the last reported quarter, representing a year-over-year change of +14.4%. EPS of $17.55 for the same period compares with $14.12 a year ago.
Compared to the Zacks Consensus Estimate of $16.98 billion, the reported revenues represent a surprise of +1.48%. The EPS surprise was +7.41%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Goldman is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Goldman. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, prior to the opening of the financial markets. BlackRock TCP Capital Corp. will also host a conference call at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time) on Thursday, August 6, 2026, to discuss its financial results. All interested parties are invited to participate in the confer.
Key Takeaways McDonald's sees the 2026 FIFA World Cup as a chance to deepen engagement and lift restaurant traffic.McDonald's plans event-linked marketing across the U.S., Canada and Arcos Dorados during the tournament.McValue, McCafe and menu innovation may help convert World Cup attention into more restaurant visits. McDonald’s Corporation (MCD - Free Report) is navigating a challenging consumer backdrop from a position of strength. In the first quarter of 2026, global comparable sales increased 3.8%, while systemwide sales grew 6% in constant currency. The company also gained market share across nearly all of its top 10 markets, underscoring the effectiveness of its value-led strategy. As the FIFA World Cup unfolds across North America, McDonald's has an opportunity to build on that momentum by using one of the world's largest sporting events to deepen customer engagement and support restaurant traffic.
FIFA Supports McDonald's Customer Engagement StrategyMcDonald's has maintained a relationship with the FIFA World Cup for more than three decades, but the 2026 tournament carries added strategic significance as matches are being hosted across the United States, Canada and Mexico. Management stated that its U.S. and Canadian businesses, together with Arcos Dorados, have a robust marketing calendar tied to the event, reflecting the company's intent to capitalize on heightened consumer attention during the tournament.
The World Cup complements McDonald's broader growth strategy rather than serving as a standalone initiative. The company continues to pair compelling value with culturally relevant marketing and menu innovation to drive customer traffic. Its recently enhanced McValue platform, featuring under-$3 menu items and expanded meal deals, strengthens its affordability proposition, while the nationwide rollout of the new McCafe beverage platform broadens consumption occasions beyond traditional meal times. Together, these initiatives likely position McDonald's to translate event-driven consumer engagement into incremental restaurant visits.
However, weak consumer sentiment, elevated gas prices and continued pressure on lower-income customers remain concerns. Nevertheless, McDonald’s emphasis on disciplined execution and its enhanced McValue platform bodes well. If McDonald’s successfully integrates its FIFA activation with its value, marketing and menu strategies, the tournament could help reinforce customer engagement and support sales momentum through the remainder of 2026.
MCD’s Price Performance, Valuation & EstimatesShares of McDonald’s have dropped 2.8% in the past year compared with the industry’s fall of 4.3%. In the same time frame, other industry players, including Starbucks Corporation (SBUX - Free Report) , have gained 12%, while Dutch Bros Inc. (BROS - Free Report) lost 2.1%.
MCD Stock’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, MCD trades at a forward price-to-sales (P/S) multiple of 6.75, above the industry’s average of 3.38. Then again, other industry players, such as Starbucks and Dutch Bros, have P/S ratios of 2.98 and 4.88, respectively.
MCD’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for MCD’s 2026 earnings per share has declined from $13.07 to $12.93 in the past 60 days.
EPS Trend of MCD Stock
Image Source: Zacks Investment Research
The company is likely to report strong earnings, with projections indicating a 6% year-over-year increase in 2026. Conversely, industry players like Dutch Bros are likely to project a rise of 22.4% in 2026 earnings. Starbucks is likely to witness growth of 12.7% year over year in fiscal 2026 earnings.
MCD’s Zacks RankMCD stock currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Consumer sentiment just hit 44.8 in May 2026, down 5 points from April and firmly in recessionary territory. Yet the actual spending data tells a different story: Total personal consumption expenditures climbed to $22,059.8 billion in May 2026, with recreational goods, clothing and food services all showing year-over-year growth.
That gap between mood and money is exactly the kind of setup that creates opportunity in beaten-down consumer names with credible turnaround catalysts. Below are three worth putting on the July watch list.
Nike (NKE): Deep Reset, Real Signs of Life Nike (NYSE:NKE | NKE Price Prediction) is the cleanest “beaten-down” name of the group. Shares traded around $42.30 on July 8, down over 33% year to date and nearly 43% over the past year. The five-year picture is worse: -73.73% from July 2021. That is a full valuation reset.
The catalyst is Elliott Hill’s Sport Offense strategy, and Q1 FY27 delivered the first tangible proof it is working. Nike posted EPS of 72 cents versus the 13-cent estimate, a 465.59% beat and the seventh consecutive EPS beat on revenue of $10.97B (+1.09% versus estimates). Gross margin expanded roughly 900 basis points to about 49.2%, helped by a $986 million one-time IEEPA tariff recovery benefit that contributed $0.52 of EPS. Wholesale finally re-inflected, up 4% to $6.60 billion with North America revenue up 3%. Hill told investors, “In fiscal 2026, we took decisive actions to strengthen the foundation of NIKE, Inc. and reposition our business for long-term growth.”
Prediction-market sentiment has moved with the tape. Nike’s composite sentiment score sits at 59.6, a seven-day change of +27.07 points, reflecting a rapid shift as the quarter landed.
Risk: The top line is still shrinking -1.1% year-over-year, Nike Direct fell 7% and Converse cratered 32% and Greater China dropped 17% on a currency-neutral basis. Strip out the tariff windfall and the earnings picture is far more modest. Jim Cramer summarized the bear case on his June 5 show: “Nike can work if the turnaround becomes visible and the product feels strong again… right now, the burden of proof is on them.”
Starbucks (SBUX): Turnaround Confirmed, Still Below Prior Highs Starbucks (NASDAQ:SBUX) has recovered from its beaten-down lows but remains a turnaround story worth watching. Shares traded around $102.89 as of July 8, and the stock is still down 12.41% over the past five years despite a nearly 23% year-to-date gain. Investors who missed the initial Niccol trade are getting a second look at a business that is now inflecting.
Q2 FY26 was the confirmation quarter. Adjusted EPS of 50 cents beat the 44-cent estimate by 13.64% on revenue of $9.53 billion (+8.8% YoY). Global comp sales rose 6.2%, with transactions up 3.8% and ticket up 2.3%. North America comps hit +7.1%. Operating income surged 37.79% to $828.1M. CEO Brian Niccol was direct: “Our second quarter marked the turn in our turnaround as our Back to Starbucks plan drove both top and bottom line growth.” Management raised FY26 guidance to global comp sales growth of at least 5% and non-GAAP EPS of $2.25 to $2.45.
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The dividend backs the thesis. Starbucks pays 62 cents per quarter and has raised the payout for 64 consecutive quarters with a 17% CAGR. Food-services PCE at $1,538.3 billion in May, the highest in the dataset, gives the macro tailwind.
Risk: North America operating margin contracted 170 basis points on labor investments, tariffs, and coffee costs, the China JV transition to Boyu Capital creates near-term revenue noise, and the balance sheet carries a negative shareholders’ equity of $8.5 billion.
McDonald’s (MCD): Dividend Aristocrat on Sale McDonald’s (NYSE:MCD) is the defensive leg of this trio. Shares traded around $278.24 on July 8, down 8.25% year to date and 4.60% over the past year. That pullback from prior highs is enough to reset the risk/reward on one of the most reliable global cash-flow machines.
Q1 FY26 was a broad-based beat. EPS of $2.83 topped the $2.74 estimate by 3.11% on revenue of $6.52 billion (+9.4% YoY). Global comp sales rose 3.8%, versus -1.0% a year ago, with US comps at +3.9% and International Operated Markets at +3.9%. Operating income climbed 11.52% to $2.95 billion. CEO Chris Kempczinski credited execution: “McDonald’s delivered this quarter. Our 6% global Systemwide sales growth shows how we executed with discipline.” Loyalty is the underappreciated engine, with systemwide sales to loyalty members exceeding $9 billion in Q1 alone and $38 billion trailing 12 months across 70 markets.
Income investors get a $1.86 quarterly dividend after a 5% raise in October 2025, plus $393 million in Q1 2026 buybacks (1.3 million shares). Free cash flow of $7.19B in FY25 funds it all.
Risk: Company-owned US margins remain pressured by inflation, interest expense is climbing 4% to 6%, and the balance sheet shows negative shareholders’ equity of $1.79 billion. Tariff and geopolitical risk on international traffic is a real overhang.
What to Watch Next The through-line here is a divergence: consumer sentiment is at recessionary lows while actual dollars spent keep rising. If sentiment stabilizes off the 44.8 May 2026 low, beaten-down consumer names with self-help catalysts should catch the biggest bid. June and July sentiment prints are the key tell.
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Key Takeaways Royal Caribbean cut its 2026 yield outlook as Mediterranean bookings softened amid travel disruption.RCL's Caribbean base, at 57% of full-year deployment, is expected to deliver positive yields.Royal Caribbean's new beach clubs and Icon-class ships could boost itinerary value and pricing. Royal Caribbean Cruises Ltd. (RCL - Free Report) is leaning on its Caribbean strength to offset near-term yield pressure from Europe, where Mediterranean booking trends softened amid Middle East-related travel disruption. The pressure is reflected in the company’s updated 2026 yield outlook, with full-year net yield growth now expected at 1.5-2.5%, down from its prior expectation of 1.5-3.5%.
The revision is tied mainly to Mediterranean softness and, to a lesser extent, West Coast Mexico. Higher airfares, reduced airline capacity and flight disruptions weighed on North American demand for Mediterranean sailings, with the impact expected to be most pronounced in the second and third quarters.
The Caribbean provides RCL with a stronger base to absorb Europe-related yield pressure. The region represents 57% of the company’s full-year deployment and about 50% of second-quarter capacity. Despite elevated industry capacity, RCL expects positive Caribbean yields, supported by its brand strength, ship portfolio and destination-led vacation offering.
RCL is also adding depth to its Caribbean platform. Royal Beach Club Cozumel, Perfect Day Mexico and Costa Maya are expected to broaden the company’s regional offering, while Icon-class deployment and Galveston remain important parts of its Gulf and Texas strategy. These assets can enhance itinerary value and support pricing in one of RCL’s most important deployment regions.
Broader demand signals remain favorable. RCL reported a record Wave season, with booked load factors within historical ranges at record pricing. Onboard spending remains healthy, Mediterranean bookings have improved in recent weeks, and the company does not expect the disruption to affect 2027 booking behavior. With a large Caribbean deployment base, positive yield expectations, destination-led investments and demand for elevated vacation experiences, Royal Caribbean appears well positioned to leverage its Caribbean business to help offset Europe-related weakness in 2026.
RCL’s Price Performance, Valuation & EstimatesShares of Royal Caribbean have declined 14.3% in the past year compared with the industry’s 7.2% fall. At the same time frame, other industry players, including Carnival Corporation Ltd. (CCL - Free Report) and Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) , have lost 10.2% and 15.9%, respectively.
RCL Stock’s One-Year Price Performance
Image Source: Zacks Investment Research
From a valuation standpoint, RCL trades at a forward price-to-earnings ratio of 15.09, below the industry’s average of 16.79. Then again, other industry players, such as Carnival and Norwegian Cruise, have P/E ratios of 10.05 and 9.94, respectively.
RCL’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for RCL’s 2026 earnings per share has declined from $17.35 to $17.27 in the past 60 days.
EPS Trend of RCL Stock
Image Source: Zacks Investment Research
The company is likely to report strong earnings, with projections indicating a 10.4% year-over-year rise in 2026. Conversely, industry players like Carnival are likely to witness a fall of 2.2% year over year in fiscal 2026 earnings. NCLH is likely to project a decline of 19.4% year over year in 2026 earnings.
RCL’s Zacks RankRCL stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
HomeIndustriesFood/Beverages/TobaccoEarnings ResultsEarnings ResultsBeverage and snack giant’s stock fell as an earnings beat didn’t prompt an increase in the full-year outlookJuly 9, 2026, 7:57 a.m. ET
PepsiCo's stock was set to fall as the company's North America business lagged, but strength in international business led to an earnings beat. Photo: Getty ImagesShares of PepsiCo fell in early Thursday trading after the beverage and snack giant’s fiscal second-quarter profit and revenue beat expectations — but didn’t prompt an increase in the full-year outlook.
And while the international business showed strong growth, the North America volume in the snacks business was flat despite a second consecutive quarter of price cuts — and the beverages business remained a problem.
PepsiCo (PEP - Free Report) came out with quarterly earnings of $2.2 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.46%. A quarter ago, it was expected that this food and beverage company would post earnings of $1.54 per share when it actually produced earnings of $1.61, delivering a surprise of +4.55%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
PepsiCo, which belongs to the Zacks Beverages - Soft drinks industry, posted revenues of $24.18 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.32%. This compares to year-ago revenues of $22.73 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
PepsiCo shares have lost about 0.7% since the beginning of the year versus the S&P 500's gain of 9.3%.
What's Next for PepsiCo?While PepsiCo has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for PepsiCo was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.43 on $24.97 billion in revenues for the coming quarter and $8.62 on $98.75 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Beverages - Soft drinks is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Primo Brands (PRMB - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This maker of pure-play water solutions is expected to post quarterly earnings of $0.35 per share in its upcoming report, which represents a year-over-year change of -2.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Primo Brands' revenues are expected to be $1.76 billion, up 1.7% from the year-ago quarter.
With PepsiCo (NASDAQ:PEP | PEP Price Prediction) set to report Q2 2026 earnings before the market opens on July 9, 2026, investors are asking whether to buy the beverage and snacks giant ahead of the earnings report.
Our 24/7 Wall St. price target for PepsiCo is $171.20, implying 18.09% upside from $144.98. Our recommendation is a buy, with a high confidence (90%) reading on the model.
Metric Value Current Price $144.98 24/7 Wall St. Price Target $171.20 Upside 18.09% Recommendation BUY Confidence 90% PepsiCo Heads Into Earnings on a Hot Streak PepsiCo has quietly rebuilt momentum. Shares are up 7.08% in the past week, 2.98% year to date, and 12.09% over one year, sitting just 2% below the 52-week high of $168.19.
Q1 2026 delivered core EPS of $1.61 versus $1.5442 expected on revenue of $19.443B, with operating margin expanding 210 basis points to 16.5%. International segments carried the quarter, with EMEA revenue up 18% and Asia Pacific Foods core operating profit up 35%. Polymarket traders are pricing in a 91% probability of an earnings beat on Thursday.
Why Bulls See a Breakout to $178+ Our bull-case scenario projects PepsiCo reaching $178.45 over the next twelve months, a 23.09% total return. The thesis rests on continued international acceleration, margin expansion from record productivity savings, and successful restaging of Pepsi, Lay’s, Doritos, Gatorade, and the recently acquired poppi brand.
Management reaffirmed FY2026 guidance for 2-4% organic revenue growth and 4-6% core constant-currency EPS growth. The 54th consecutive dividend increase to $5.92 annualized and a fresh $10B buyback authorization through Feb 28, 2030 underline the capital-return story.
Of 24 analysts, 4 rate PEP Strong Buy and 4 Buy, with the Street’s $165.55 average target already above the current quote.
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The Risks Worth Watching The bear case gets PepsiCo to $154.37, a still-positive 6.48% return. The biggest overhang is North America convenient foods, where PFNA organic revenue has been flat to negative and US consumers remain squeezed. Tariff-driven commodity costs, FX volatility, and further brand impairments (Rockstar and Be & Cheery took $1.86B in Q2 2025) sit on the risk ledger.
Bulls would counter that FY2025 GAAP weakness reflected non-cash impairments, not core deterioration, and that Q1 2026 net income surged 84.24% YoY as those pressures normalized. Prediction markets see organic growth clustering in the 2%-3% range with 95.3% probability, so a hot upside surprise on Thursday looks unlikely.
Bottom Line on PepsiCo My verdict is a buy with 90% confidence and a 24/7 Wall St. price target of $171.20. The scale tips on international momentum, margin expansion, and a dividend aristocrat pedigree backing a 3.95% yield.
The bull thesis strengthens if Thursday’s report confirms convenient foods volume recovery and margin gains hold. The setup weakens if North America volumes turn negative again or management softens FY2026 guidance. With shares still 14% below Wall Street’s $165.55 consensus, the risk/reward tilts favorably.
Looking further ahead, our model projects the following trajectory, assuming PepsiCo executes on its 2-4% organic growth framework and 4-6% EPS growth guidance.
Year 24/7 Wall St. Price Target 2026 $154.64 2027 $171.20 2028 $193.68 2029 $211.82 2030 $226.99 These projections assume PepsiCo continues restaging global brands and expanding international margins. Significant upside or downside could result from tariff resolution, poppi’s contribution to the beverage portfolio, or a sharper-than-expected US consumer downturn.
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Our Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) 24/7 Wall St. price target points to $258.16 over the next 12 months, implying 41.1% upside from the $182.97 close on July 7, 2026. Our recommendation is buy, with a model confidence level of 90%. After a sharp June pullback, Qualcomm’s data center pivot and automotive strength look under-priced.
Metric Value Current Price $182.97 24/7 Wall St. Price Target $258.16 Upside 41.1% Recommendation BUY Confidence Level 90% The Selloff That Set Up the Setup Qualcomm has been on a rollercoaster. Shares rallied from a March low of $129.39 to $220.81 by mid-June, then gave back 15.27% over the past month as a broad semiconductor selloff on July 7 knocked peers like AMD (NASDAQ:AMD) and Applied Materials (NASDAQ:AMAT) sharply lower. YTD, QCOM is still up 8.07%, and one-year performance sits at 18.18%.
The most recent earnings report on April 29, 2026 delivered the fourth straight EPS beat: Non-GAAP EPS of $2.65 on revenue of $10.599 billion. Handsets fell 13% YoY on memory supply constraints, but Automotive surged 38% to a record $1.326 billion. On July 6, Qualcomm unveiled the Dragonfly C1000 CPU and AI300 inference accelerator, reinforcing the data center narrative.
The Case for the Bull Scenario The bull case rides on Qualcomm’s Investor Day pivot. On June 24, management doubled its 2029 non-handset revenue target to $40B and set a $15B AI data center sales goal. Reddit sentiment spiked to 76 (bullish) the same week. Benchmark responded with a Buy rating and a $300 price target, citing data center opportunities and a possible Modular Inc. acquisition. Mizuho lifted its target to $210.
CEO Cristiano Amon confirmed hyperscaler custom silicon shipments remain on track for late calendar 2026, and Qualcomm expanded its Hugging Face partnership to reach 16 million developers. If data center revenue ramps on schedule, our bull case fair value sits at $267.31, with Benchmark’s $300 defining the stretch scenario.
What Could Go Wrong Q3 FY26 guidance calls for revenue of just $9.2B to $10B and EPS of $2.10 to $2.30, and consensus expects a 33.2% YoY EPS decline when Qualcomm reports on July 29, 2026. Insider selling has been heavy: CEO Amon disposed of 20,000 shares in early May near $180 to $185, and the CFO trimmed roughly 7,969 shares across April to June.
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Apple modem in-sourcing and China exposure remain structural risks. That said, most executive sales appear to follow Rule 10b5-1 programs tied to RSU vesting, and bulls would argue the near-term handset dip is more inventory than demand. Our bear case still lands at $213.53, above today’s price.
What to Watch Into July 29 Earnings Our 24/7 Wall St. price target is $258.16, our recommendation is buy, and my confidence is 90%. The tipping factor: even the bear case implies a positive return, and the June selloff has rebased valuation to a forward P/E of 16x. The setup strengthens if the July 29 earnings report validates sequential handset recovery and initial data center shipments.
The thesis weakens if China revenue slips further or hyperscaler timelines slip into 2027. On balance, Qualcomm looks like a rare AI infrastructure name still trading at a reasonable multiple.
Looking further ahead, here is where our model projects QCOM could trade, assuming current growth trajectories and margin expansion from the non-handset mix shift hold.
Year 24/7 Wall St. Price Target 2026 $258.16 2030 $477.30 These projections assume Qualcomm executes on its $40B non-handset target and $15B data center goal by 2029. Significant upside or downside could result from hyperscaler adoption speed or a deeper China trade rupture.
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Aptos (APT) price is up 3% at press time on Thursday after three consecutive days of weakness earlier this week. The recovery is likely linked to a crucial blockchain bug fix that exposed its entire Total Value Locked (TVL) of over $100 million at risk. Despite mixed retail activity with rising Open Interest and declining trading volumes, on-chain transactions continue to advance, indicating steady network demand.
Technically, APT should clear the overhead trendline near $0.6475 and potentially target the 50-day Exponential Moving Average (EMA) at $0.7088.
Crucial bug fix secures over $100 million on AptosAptos blockchain patched a crucial bug discovered by ethical hackers on Wednesday, which could have exposed the value of its entire network, over $100 million.
Charles Guillemet, Chief Technical Officer at Ledger, mentioned in his social media post that the vulnerability enabled a multi-block exploit with an almost 90% success rate. In addition, Guillemet stressed that AI has significantly reduced the cost of discovering deep bugs, underscoring the need for base-layer cryptographic guarantees over trusted caches to prevent such systemic risks.
Post-resolution, the APT token shows a minor recovery on Thursday, diverging from most altcoins moving lower.
Network strength and mild retail demand support recoveryAptos shows a steady recovery in network strength while retail demand lags. DeFiLlama data show TVL stabilizing above $100 million after a steep outflow from $189 million in early June. At press time, Aptos’ TVL is down 1.50% over the last 24 hours to $108.86 million, while weekly transactions reached 137 million, indicating growth in network activity.
On the retail front, CoinGlass data show that APT futures Open Interest is up over 3% in 24 hours to $80.13 million, indicating a bullish positional buildup, while funding rates at 0.0098% imply that traders are willing to buy long positions at a premium.
However, the volume has dropped by 14% over the same period to $107.54 million, indicating reduced activity. A bullish positional buildup despite declining volumes suggests increased leverage exposure, which could lead to heightened long liquidations if prices reverse to the downside.
Aptos DeFi metrics. Source: DeFiLlama
APT derivatives data. Source: CoinGlassAptos eyes a bullish setup breakoutAptos is up 3% on Thursday, extending a mild constructive near-term trend despite a broadly bearish structure. APT tests the overhead trendline of a falling channel pattern, near $0.6475, capped below the 50-day and 200-day EMAs at $0.7088 and $1.2883, respectively.
A decisive close above $0.6475 could confirm a breakout from the falling channel, with potential targets including the 50-day EMA at $0.7088, followed by an overhead supply zone between $0.7900 and $0.8070.
The Moving Average Convergence Divergence (MACD) and signal line maintain a weak but upward trend, while the Relative Strength Index (RSI) at 46 rises toward the midline, signaling an ease in selling pressure. Together, the indicators hint at a mild recovery in upward momentum.
APT/USD daily price chart.Looking down, the key support aligns with the recent swing low from June 30 at $0.5550, followed by the descending support trendline near $0.5350.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Teva secures exclusive global rights to commercialize Polpharma Biologics’ biosimilar candidate to Ocrevus® (ocrelizumab), including both intravenous and subcutaneous formulations. Agreement advances Teva’s Pivot to Growth strategy by expanding its biosimilars pipeline through strategic collaborations.Agreement reflects both companies’ commitment to broadening access to biologic medicines.
TEL AVIV, Israel and ZUG, Switzerland, July 09, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals International GmbH, a subsidiary of Teva Pharmaceutical Industries Ltd (NYSE: and TASE: TEVA) and Polpharma Biologics International AG today announced a global licensing agreement granting Teva exclusive rights to commercialize both formulations of Polpharma Biologics’ proposed biosimilar to Ocrevus®1 (ocrelizumab), upon regulatory approval. This strategic agreement is expected to combine Polpharma Biologics’ proven biosimilar development expertise with Teva’s commercial footprint and capabilities.
“This agreement reflects our focus on pushing high-quality biologics to the finish line efficiently and at scale,” said Anjan Selz, Chief Executive Officer of Polpharma Biologics International AG. “Teva brings reach, discipline and real commercial strength to our strategic collaboration. Combining its global footprint with our technical and development capabilities creates a clear path to getting this medicine to patients who need more treatment options.”
Under the terms of the agreement, Polpharma Biologics retains full responsibility for the development and manufacturing of the biosimilar candidate. Teva will be responsible for regulatory submissions and, upon approval, commercialization of the intravenous and subcutaneous formulations in the United States, Europe, Brazil, Canada, Australia, New Zealand, Israel and Turkey.
“This agreement is aligned with Teva’s Pivot to Growth strategy and our focus on expanding our biosimilars pipeline. With our global commercial footprint and deep expertise in complex medicines, we are well positioned to help bring this biosimilar candidate to patients,” said Yolanda Tibbe, Vice President, Global Head of Biosimilars at Teva.
This strategic agreement reinforces both organizations’ commitment to broadening access to biologic medicines while promoting the long-term sustainability of healthcare systems.
About ocrelizumab
Ocrelizumab is a humanized monoclonal antibody designed to target CD20-positive B cells, which are believed to play a role in the autoimmune activity associated with multiple sclerosis. Ocrevus® (ocrelizumab) is indicated for the treatment of relapsing forms of multiple sclerosis and primary progressive multiple sclerosis. In the U.S., the intravenous formulation is marketed as Ocrevus®, while the subcutaneous formulation is marketed separately as Ocrevus Zunovo® (ocrelizumab and hyaluronidase-ocsq). In the EU, both formulations carry the single brand name Ocrevus®.
About Multiple Sclerosis
Multiple sclerosis is a chronic, unpredictable and progressive disease of the central nervous system, which includes the brain and spinal cord. In MS, the loss of myelin, the protective sheath surrounding nerve fibers, disrupts the transmission of electrical signals to and from the brain, leading to a wide range of symptoms.
MS affects people differently. Symptoms can fluctuate, with periods of worsening (relapses) followed by partial or full recovery (remission). Over time, some patients may also experience a gradual progression of disability.
Common symptoms include fatigue, weakness, numbness or tingling, walking difficulties, spasticity, dizziness, and vision problems, among others.
About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.
About Polpharma Biologics
Polpharma Biologics International AG is a biopharmaceutical company focused on development and manufacturing of biosimilars for supply to global markets. We manage the entire value chain: from product selection and investment allocation, through program execution to asset monetization, ensuring fast progress from idea to launch in strong collaboration with our global partners.
Our international team of senior experts has proven experience in program leadership, regulatory strategy, CMC integration, device development, clinical oversight, and quality assurance. Working with trusted CDMOs and CROs, we deliver end-to-end biosimilars, from cell line to finished product, across a range of major therapeutic areas. Our commercial partners ensure access for patients to these medicines worldwide.
Our mission is to accelerate access to biologics. To fulfill that mission, we maintain a robust, expanding pipeline of biosimilars in development. www.polpharmabiologics.com
Media Contact – Polpharma Biologics
Stephanie Deitzer
Lead Transformation & Communications
Polpharma Biologics International AG [email protected]
+41 78 600 53 59
Teva Cautionary Note Regarding Forward-Looking Statements
This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management’s current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as “should,” “expect,” “anticipate,” “estimate,” “target,” “may,” “project,” “guidance,” “intend,” “plan,” “believe” and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully execute our collaboration agreement with Polpharma Biologics for the commercialization of its biosimilar candidate to ocrelizumab, upon regulatory approval; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute on our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize the innovative medicines and biosimilar portfolio, whether organically or through business development; our significant indebtedness; our business and operations in general; compliance, regulatory and litigation matters; other financial and economic risks; and other factors discussed in our Quarterly Report on Form 10-Q for the first quarter of 2026 and in our Annual Report on Form 10-K for the year ended December 31, 2025, including in the sections captioned “Risk Factors” and “Forward-looking statements.” Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.
1 Ocrevus® and Ocrevus Zunovo® are registered trademarks of Genentech, Inc. and/or F. Hoffmann-La Roche Ltd.
International Business Machines Corporation (NYSE:IBM) shares are trading lower following reports suggesting that Starbucks is developing its own tools to reduce reliance on the company’s software.
IBM shares are trending lower. What’s the outlook for IBM shares? Starbucks Turns to AI to Replace Vendor SoftwareIBM Shares Tumble IBM Price Action: At the time of publication, IBM shares are trading 5.64% lower at $285.00, according to data from Benzinga Pro.
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