Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GM over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Yesterday, the total net inflow into U.S. Ethereum spot ETFs stood at $70.5 million.
According to Farside's monitoring, U.S. Ethereum spot ETFs recorded a total net inflow of $70.5 million yesterday, among which Fidelity's FETH had a net inflow of $69.2 million.
14 minutes ago
Goldman Sachs: China's AI has become one of the most notable growth narratives in today's tech sector.
In the report titled "Investment Strategy: Long China's AI Value Chain", Goldman Sachs analyst Louis Mille wrote: "China's AI industry has officially come into our focus." This is attributed to "an unprecedented combination of massive state support, surging global demand, and structural capital rotation, which has made China's AI one of the most compelling growth stories in today's tech sector." Goldman Sachs put forward three key points to support its investment thesis: a severe mismatch between the market capitalization of Chinese AI firms and their market potential, leaving ample valuation upside; China's AI industrial chain has unique competitive advantages undervalued by the market; and the Chinese AI sector has outperformed other Chinese assets, with capital being structurally incrementally allocated to it.
14 minutes ago
For the first time, the US Federal Reserve has listed AI investment as one of its three major inflation risks.
The Federal Reserve released its meeting minutes on Wednesday, with officials at last month’s gathering generally agreeing they would need to raise interest rates if inflation remains persistently high this year. At the same time, they also concurred that rates could be held steady if upward price pressures fade quickly. Notably, Nick Timiraos—known as the “New Fed Wire” reporter—spotted an interesting detail in the documents: Fed officials are increasingly focusing on an inflation driver barely mentioned in debates just months ago: the boom in AI investment. Per the minutes, this is categorized as one of three key forces pushing inflation higher, alongside the Middle East conflict and tariffs—factors that could keep prices elevated and prompt the Fed to pivot to rate hikes. The minutes, released three weeks behind schedule, reflect growing concerns over inflation outlooks. More officials pointed out that robust business investment in AI infrastructure is a new force that could sustain price pressures. The minutes noted: “Several participants commented that price pressures have become more broad-based, with a large share of goods and services… experiencing significant increases.”
14 minutes ago
Sony plans to launch its stablecoin issuance business in 2027, having secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
Sony has obtained conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States. The company plans to launch its subsidiary Connectia Trust this month, with an aim to kick off U.S. dollar-denominated stablecoin issuance and management operations in 2027.
14 minutes ago
Yesterday, U.S. spot Bitcoin ETFs recorded a net outflow of $84.9 million.
According to Farside’s monitoring, U.S. spot Bitcoin ETFs recorded total net outflows of $84.9 million yesterday, with BlackRock’s IBIT alone seeing total net outflows of $59.1 million.
14 minutes ago
10% of fees from Robinhood Chain and other Arbitrum Layer 2 (L2) networks will be allocated to the Arbitrum ecosystem, while 8% will flow to the token holders' treasury.
Offchain Labs co-founder Steven Goldfeder stated that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will flow to the Arbitrum ecosystem. Of that total, 8% will go to a treasury controlled by ARB token holders, while 2% will be earmarked for development funding. This mechanism gives the ARB token holder treasury a steady revenue stream, with the relevant funds potentially used for ecosystem grants, token buybacks, or staking rewards in the future. Should Robinhood Chain’s trading volume continue to grow, it could further strengthen the Arbitrum ecosystem’s revenue-generating capacity.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Every Layer 2 chain built with Arbitrum’s technology that settles outside of Arbitrum One or Nova will now kick back 10% of its net protocol revenue to the Arbitrum ecosystem. That includes Robinhood Chain, which just launched its own Ethereum L2 using the Arbitrum tech stack.
The split works out to 8% flowing into the Arbitrum DAO treasury and 2% going to the Arbitrum Developer Guild.
How the Arbitrum Expansion Program works The revenue-sharing arrangement falls under what Offchain Labs calls the Arbitrum Expansion Program, or AEP. It applies specifically to chains that leverage Arbitrum’s tech stack but settle transactions on blockchains other than Arbitrum One or Nova.
The revenue subject to sharing comes from sequencer profits, the fees generated by the entity responsible for ordering and processing transactions on the chain. If a chain adopts Timeboost, Arbitrum’s mechanism for capturing maximal extractable value (MEV), those revenues could also fall under the sharing arrangement.
Advertisement
Robinhood Chain’s early traction Robinhood Chain is the highest-profile chain operating under this model, and its early numbers suggest the revenue share could actually mean something. The chain processed 4 million transactions during its first week of mainnet operation.
Uniswap was among the partners integrated from day one, giving the chain immediate DeFi liquidity infrastructure. The chain launched its public testnet on February 10, 2026, before transitioning to a full public mainnet. Robinhood’s path to this moment involved an earlier phase where the company deployed tokenized US stocks and ETFs on Arbitrum One in 2025.
Offchain Labs, co-founded by Steven Goldfeder and Ed Felten, provided technical support for Robinhood Chain’s development. Goldfeder has emphasized the technology’s readiness for enterprise-grade applications.
The bigger picture for Arbitrum’s business model The 8% directed to the DAO treasury and the 2% allocated to the Developer Guild create direct incentives for the people actually building and maintaining the technology, tying compensation to ecosystem-wide revenue growth in a way that one-time grants do not.
What this means for investors For ARB token holders, the revenue-sharing model introduces a concrete value accrual mechanism tied to ecosystem growth. Every new chain that launches on the Arbitrum stack feeds revenue back into the DAO treasury that ARB holders govern.
The competitive landscape matters here too. Optimism’s Superchain model takes a similar approach with its OP Stack, collecting revenue from chains like Base (Coinbase’s L2). Arbitrum’s AEP is a direct response, ensuring that the proliferation of Arbitrum-based chains doesn’t become a value extraction problem where Offchain Labs benefits but the broader ecosystem doesn’t.
Robinhood’s evolution from deploying tokenized assets on Arbitrum One to launching its own dedicated chain sets a template that other fintech companies could follow, with Robinhood Chain’s 4-million-transaction first week as an early indicator of volumes flowing through these chains.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Yesterday, the total net inflow into U.S. Ethereum spot ETFs stood at $70.5 million.
According to Farside's monitoring, U.S. Ethereum spot ETFs recorded a total net inflow of $70.5 million yesterday, among which Fidelity's FETH had a net inflow of $69.2 million.
14 minutes ago
Goldman Sachs: China's AI has become one of the most notable growth narratives in today's tech sector.
In the report titled "Investment Strategy: Long China's AI Value Chain", Goldman Sachs analyst Louis Mille wrote: "China's AI industry has officially come into our focus." This is attributed to "an unprecedented combination of massive state support, surging global demand, and structural capital rotation, which has made China's AI one of the most compelling growth stories in today's tech sector." Goldman Sachs put forward three key points to support its investment thesis: a severe mismatch between the market capitalization of Chinese AI firms and their market potential, leaving ample valuation upside; China's AI industrial chain has unique competitive advantages undervalued by the market; and the Chinese AI sector has outperformed other Chinese assets, with capital being structurally incrementally allocated to it.
14 minutes ago
For the first time, the US Federal Reserve has listed AI investment as one of its three major inflation risks.
The Federal Reserve released its meeting minutes on Wednesday, with officials at last month’s gathering generally agreeing they would need to raise interest rates if inflation remains persistently high this year. At the same time, they also concurred that rates could be held steady if upward price pressures fade quickly. Notably, Nick Timiraos—known as the “New Fed Wire” reporter—spotted an interesting detail in the documents: Fed officials are increasingly focusing on an inflation driver barely mentioned in debates just months ago: the boom in AI investment. Per the minutes, this is categorized as one of three key forces pushing inflation higher, alongside the Middle East conflict and tariffs—factors that could keep prices elevated and prompt the Fed to pivot to rate hikes. The minutes, released three weeks behind schedule, reflect growing concerns over inflation outlooks. More officials pointed out that robust business investment in AI infrastructure is a new force that could sustain price pressures. The minutes noted: “Several participants commented that price pressures have become more broad-based, with a large share of goods and services… experiencing significant increases.”
14 minutes ago
Sony plans to launch its stablecoin issuance business in 2027, having secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
Sony has obtained conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States. The company plans to launch its subsidiary Connectia Trust this month, with an aim to kick off U.S. dollar-denominated stablecoin issuance and management operations in 2027.
14 minutes ago
Yesterday, U.S. spot Bitcoin ETFs recorded a net outflow of $84.9 million.
According to Farside’s monitoring, U.S. spot Bitcoin ETFs recorded total net outflows of $84.9 million yesterday, with BlackRock’s IBIT alone seeing total net outflows of $59.1 million.
14 minutes ago
U.S. military struck approximately 90 Iranian military targets, completing a new round of strikes.
US Central Command: The U.S. military has carried out strikes on approximately 90 military targets along Iran’s coast, including air defense systems, coastal surveillance facilities, missile and drone storage sites, naval forces, and military logistics infrastructure.
Offchain Labs, the developer behind Arbitrum, has confirmed that 10% of net protocol fees generated by Robinhood Chain and other Layer 2 networks built on the Arbitrum tech stack will be directed back into the Arbitrum ecosystem.
How the Fee Split Works The split breaks down to 8% flowing into the Arbitrum DAO treasury and 2% going to the Arbitrum Developer Guild. The arrangement falls under the Arbitrum Expansion Program (AEP). Any Arbitrum chain deployed outside of Arbitrum One and Arbitrum Nova must pay 10% of its protocol net revenue to the Arbitrum Foundation under the AEP licence.
The Developer Guild incentivizes developers contributing to the Arbitrum codebase, with the 2% allocation going to a fund dedicated to this purpose. For $ARB token holders, the revenue-sharing model ties value accrual directly to ecosystem growth, creating a more durable incentive than one-time grants.
Robinhood Chain Goes Live Alongside the fee arrangement, Robinhood Chain has launched inside Robinhood Wallet with cross-chain bridging and swap support now available to users. The public mainnet launched on July 1, 2026, announced at Robinhood's "The World is Flat" keynote at the Old Royal Naval College in London, after a public testnet that recorded 4 million transactions in its first week.
Robinhood Chain is an Ethereum Layer 2 blockchain built on the Arbitrum stack, designed for tokenized real-world assets and 24/7 financial services. Day-one partners include Uniswap, deploying a dedicated AMM as the primary public liquidity protocol, with deep integrations from Alchemy, BitGo, and Chainlink giving the chain fast block times and out-of-the-box DeFi primitives such as lending and borrowing.
Robinhood's path to this point included an earlier phase where the company deployed tokenized US stocks and ETFs on Arbitrum One in 2025. The Arbitrum-based Layer 2 focuses on tokenized stocks, real-world assets, and on-chain financial services.
Sources:
Crypto Briefing: Arbitrum to receive 10% of fees from Robinhood Chain and other L2s
Robinhood Newsroom: Robinhood Chain Launches Public Testnet
Arbitrum Blog: Robinhood Chain Mainnet is Live
Anthony Mathew Eisen, a member of the Board of Directors of Block, Inc. (XYZ 1.33%), sold 18,000 shares of Class A Common Stock on July 6, July 7, and July 8, 2026, according to the SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$1.4 millionShares sold18,000Post-transaction shares (directly held)1,856,672Post-transaction value$142.13 millionTransaction value based on SEC Form 4 weighted average sale price ($78.31); post-transaction value based on July 8, 2026 market close ($76.55).
Key questionsWhat mechanism governed the timing of this transaction?
The sale was conducted pursuant to a Rule 10b5-1 trading plan established on March 2, 2026, which allows corporate insiders to schedule equity transactions in advance to address personal financial objectives.What is the magnitude of the director's remaining equity position?
Following the completion of these sales, Anthony Eisen maintains a substantial direct stake of ~1.9 million shares, carrying a market value of $142.13 million as of the July 8, 2026 market close.How has the company's equity performed leading up to this disclosure?
As of the transaction date, the company had generated a one-year return of 12.84%, with the stock priced at $77.56 as of the July 7, 2026 market close.Company OverviewMetricValueShare Price (as of market close 2026-07-07)$77.56Market Capitalization$45.5 billionRevenue (TTM)$24.5 billionNet Income (TTM)$807.1 millionCompany SnapshotBlock, Inc. develops comprehensive payment processing solutions and hardware devices that enable merchants to accept card transactions, including Magstripe readers and EMV-compliant contactless and chip readers, while providing advanced reporting and analytics capabilities alongside next-day fund settlement services.The company generates revenue through a diversified model encompassing payment processing fees, hardware sales, subscription-based analytics and reporting services, and settlement services that facilitate rapid capital access for merchants of all sizes.Block serves a broad customer base of merchants ranging from small independent retailers to large enterprises, with particular strength in the small-to-medium business segment seeking accessible, integrated payment infrastructure solutions.Block, Inc. operates as a leading financial infrastructure provider with a $45.5 billion market capitalization and $24.5 billion in TTM revenue, positioning the company among the largest payment technology platforms globally. The company's competitive advantage derives from its integrated ecosystem combining hardware, software, and financial services, enabling merchants to streamline payment operations while accessing real-time business insights.
Block's strategic focus on merchant empowerment through technology innovation and expedited settlement capabilities has driven consistent growth, with the stock appreciating 12.84% over the past year.
What this transaction means for investorsBoard of Directors member Anthony Eisen’s sale of Block shares on July 6 through July 8 was executed at a time when the stock was soaring. His dispositions at a weighted average sale price of $78.31 were near the 52-week high of $82.50 reached last August.
Even so, these transactions are not a cause for investor concern. Considering they were performed as part of a Rule 10b5-1 trading plan, the dispositions were non-discretionary in nature. This combined with his substantial equity stake of nearly two million shares suggests his interests remain aligned with investors.
Block stock rose thanks to the company’s excellent first-quarter earnings report. In Q1, Block exceeded its guidance across gross profit, adjusted operating income, and adjusted earnings per share. Gross profit soared 27% in the quarter to $2.9 billion.
Block also raised its full-year forecast, projecting 19% year-over-year growth in gross profit. These factors helped to propel shares skyward, just at the time of Eisen’s sales.
This episode profiles Wayfair CFO Kate Gulliver, who is leading the home goods retailer's efforts to achieve profitable growth during a challenging period for the housing market -- as well as launching a new initiative to open brick-and-mortar flagship stores. -------- More on Bloomberg Television and Markets Like this video?
SummaryMicron Technology is rated a strong buy, driven by robust AI demand, supply constraints, and exceptional Q3 results with significant upside potential.Q3 revenues surged nearly 75% sequentially to $41.5 billion, with gross margins expanding to 85% and operating margins reaching 81%, reflecting broad-based pricing power.Guidance points to $49–$51 billion in Q4 revenues, supported by long-term Strategic Customer Agreements and persistent supply bottlenecks extending beyond 2027.My updated price target for MU is $1,775 (base case), with upside to $2,200, as free cash flow and margins are set to soar despite elevated CapEx.Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More » mesh cube/iStock via Getty Images
Robust AI demand is creating a strong foundation for memory stocks such as Micron Technology (MU), driving a strong buy rating for the name. While I am bullish on Micron Technology stock, we note that
24.21K Followers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Yesterday, the total net inflow into U.S. Ethereum spot ETFs stood at $70.5 million.
According to Farside's monitoring, U.S. Ethereum spot ETFs recorded a total net inflow of $70.5 million yesterday, among which Fidelity's FETH had a net inflow of $69.2 million.
4 minutes ago
Goldman Sachs: China's AI has become one of the most notable growth narratives in today's tech sector.
In the report titled "Investment Strategy: Long China's AI Value Chain", Goldman Sachs analyst Louis Mille wrote: "China's AI industry has officially come into our focus." This is attributed to "an unprecedented combination of massive state support, surging global demand, and structural capital rotation, which has made China's AI one of the most compelling growth stories in today's tech sector." Goldman Sachs put forward three key points to support its investment thesis: a severe mismatch between the market capitalization of Chinese AI firms and their market potential, leaving ample valuation upside; China's AI industrial chain has unique competitive advantages undervalued by the market; and the Chinese AI sector has outperformed other Chinese assets, with capital being structurally incrementally allocated to it.
4 minutes ago
For the first time, the US Federal Reserve has listed AI investment as one of its three major inflation risks.
The Federal Reserve released its meeting minutes on Wednesday, with officials at last month’s gathering generally agreeing they would need to raise interest rates if inflation remains persistently high this year. At the same time, they also concurred that rates could be held steady if upward price pressures fade quickly. Notably, Nick Timiraos—known as the “New Fed Wire” reporter—spotted an interesting detail in the documents: Fed officials are increasingly focusing on an inflation driver barely mentioned in debates just months ago: the boom in AI investment. Per the minutes, this is categorized as one of three key forces pushing inflation higher, alongside the Middle East conflict and tariffs—factors that could keep prices elevated and prompt the Fed to pivot to rate hikes. The minutes, released three weeks behind schedule, reflect growing concerns over inflation outlooks. More officials pointed out that robust business investment in AI infrastructure is a new force that could sustain price pressures. The minutes noted: “Several participants commented that price pressures have become more broad-based, with a large share of goods and services… experiencing significant increases.”
4 minutes ago
Sony plans to launch its stablecoin issuance business in 2027, having secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
Sony has obtained conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States. The company plans to launch its subsidiary Connectia Trust this month, with an aim to kick off U.S. dollar-denominated stablecoin issuance and management operations in 2027.
4 minutes ago
Yesterday, U.S. spot Bitcoin ETFs recorded a net outflow of $84.9 million.
According to Farside’s monitoring, U.S. spot Bitcoin ETFs recorded total net outflows of $84.9 million yesterday, with BlackRock’s IBIT alone seeing total net outflows of $59.1 million.
4 minutes ago
10% of fees from Robinhood Chain and other Arbitrum Layer 2 (L2) networks will be allocated to the Arbitrum ecosystem, while 8% will flow to the token holders' treasury.
Offchain Labs co-founder Steven Goldfeder stated that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will flow to the Arbitrum ecosystem. Of that total, 8% will go to a treasury controlled by ARB token holders, while 2% will be earmarked for development funding. This mechanism gives the ARB token holder treasury a steady revenue stream, with the relevant funds potentially used for ecosystem grants, token buybacks, or staking rewards in the future. Should Robinhood Chain’s trading volume continue to grow, it could further strengthen the Arbitrum ecosystem’s revenue-generating capacity.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 8, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 10, 2026 to file lead plaintiff applications in a securities class action lawsuit against Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) ("Zillow" or the "Company"), if they purchased or otherwise acquired Zillow Class A or Class C common stock between February 11, 2025 and May 7, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Western District of Washington.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=hIyQUNEoCGc
What You May Do
If you purchased shares of Zillow as described above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-zg-z/?prs=nf to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 10, 2026.
CLICK HERE for more information
About the Lawsuit
Zillow and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) Zillow's agreement with Redfin was not a "partnership," but rather an acquisition of Redfin's business; (ii) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (iii) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (iv) as a result, Defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
The case is Breidert v. Zillow Group, Inc., et al., 26-cv-02016.
To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors, in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Modular and scalable test facility drives innovation for electric thrust reverser actuation systems
, /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, announced today its Engineering Center of Excellence in Wolverhampton, U.K. is fully operational, advancing next-generation electric thrust reverser actuation systems (elecTRAS™). The CoE is home to a new state-of-the-art, modular and scalable test facility designed to facilitate innovation in aircraft actuation system design, testing and certification.
With a more streamlined solution, elecTRAS supports the elimination of actuation hydraulic interfaces and fluids and facilitates a 15-20% reduction of the nacelle actuation weight at the integrated aircraft system level. Wolverhampton's advanced testing capabilities simulate real-world conditions for aircraft components, actuators, subsystems, and full systems. By integrating early-stage test results into system analysis, potential issues are resolved quickly, reducing delays and enhancing distinctive design scalability for future applications.
"Our Engineering Center of Excellence reflects RTX's commitment to delivering innovative, efficient and cost-effective solutions for the aerospace industry," said Ajay Mahajan, president of Advanced Structures at Collins Aerospace. "This unique modular approach supports the industry's transition to more-electric systems, aligning with original equipment manufacturers' forward-looking goals while improving fuel efficiency, operational performance, and ease of maintenance." The Wolverhampton test capability spans from modules to integrated systems. This allows for scalability and interchangeability, reducing development time and cost while enabling the facility to support multiple programs and system variants.
Co-located elecTRAS systems and nacelle actuation design expertise streamlines development and fosters efficient collaboration. Highly skilled engineers at the facility are driving innovation in electric systems, smart algorithms, and motor control architecture, while continuing to support current fleets. Already in use on the Airbus A350 family, Collins' elecTRAS technology has logged more than 15 million flight hours and 2.2 million flight cycles on more than 700 aircraft as of 2025.
About Collins Aerospace
Collins Aerospace, an RTX business, provides advanced aerospace and defense solutions across avionics, aircraft interiors, aerostructures and engine components, mission systems, and power and control systems. Our global employees are dedicated to delivering innovative technologies to enhance aircraft performance, passenger comfort, operational safety and reliability.
About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact [email protected].
Shares of Broadcom (AVGO +5.00%) climbed on Wednesday after the chipmaker struck a lucrative supply deal with Apple (AAPL +1.00%).
Image source: The Motley Fool.
Joining forces to bolster U.S. chip production The two companies will work together to develop "custom silicon components and cutting-edge wireless connectivity technologies for a wide range of Apple products," Apple announced on Wednesday.
The multiyear deal is valued at over $30 billion and is expected to produce more than 15 billion U.S.-made chips.
Today's Change
(
5.00
%) $
18.53
Current Price
$
389.31
Apple has promised to invest $600 billion in the U.S. by the end of the decade as it strives to build an "end-to-end silicon supply chain in America." As part of the collaboration, Broadcom will expand its manufacturing plants in Fort Collins, Colorado.
"Apple and Broadcom have a long history together, and this new phase of our partnership further accelerates our commitment to American manufacturing and innovation," Apple CEO Tim Cook said.
This deal is a win-win-win The chip production agreement with Broadcom will help Apple diversify its supply chain and reduce its reliance on potential geopolitical hotspots like Taiwan. That's good for both companies, their customers, and their shareholders.
The investments in U.S.-based production could also help Apple and Broadcom gain favor with the Trump administration, which has prioritized domestic manufacturing.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Broadcom. The Motley Fool has a disclosure policy.
Allstate (ALL 0.11%) is an insurance company. The insurance model is fairly simple when viewed at a high level. Essentially, Allstate collects insurance premiums up front and agrees to pay insurance claims in the future, if any arise. There will always be some number of claims, but a quiet catastrophe year so far in 2026 is likely to be very good news for the company's earnings. Here's why.
What's happened so far in 2026? In the first quarter of 2026, Allstate's catastrophe losses totaled roughly $1.2 billion. That was down a huge a huge 43% from the same quarter in 2025. In May, catastrophe losses were $289 million, bringing the total for April and May to roughly $1.2 billion. Like the first quarter, that's down from 2025, when the insurer's May catastrophe losses were $777 million, and the April and May total was nearly $1.4 billion.
Image source: Getty Images.
Paying out less in claims is good news for everyone. None of the company's customers wants to have an incident that requires a claim, and the fewer claims Allstate has to pay, the more premium income it keeps. Notably, the claims the insurance company has to cover play an integral role in its combined ratio. The more money that goes to pay claims, the closer the combined ratio gets to 100%. Lower numbers are better; those below 100% indicate the company is turning a profit.
How is Allstate doing so far in 2026? In the first quarter of 2026, Allstate's combined ratio was 80.3%, an improvement from 83.1% in the same quarter of 2025. That shows the impact the year-over-year decline in catastrophe claims had in the first quarter. Given that claims are running below last year in April and May, it is likely that the combined ratio will be strong again when the company reports second-quarter results.
Today's Change
(
-0.11
%) $
-0.29
Current Price
$
251.17
At the same time, the company's underlying business continues to do well. Policies in force increased 2.3% year over year in the first quarter of 2026 and were 2.4% higher in May. So there's a second tailwind for earnings here, as well.
Which brings up the first quarter's actual earnings numbers. Allstate's first quarter 2025 adjusted earnings were $3.53 per share, with 2026's tally jumping to $10.65. There's no way to know if the second quarter will be as strong as that, but directionally, Allstate's low catastrophe losses in April and May suggest that the quarterly earnings release will still be good reading.
The global travel market remains a battleground between digital platforms and physical hospitality giants, making the choice between Booking (BKNG 4.14%) and Marriott International (MAR 2.49%) a critical decision for your portfolio.
Booking operates as a technology middleman, while Marriott manages an expansive physical empire of luxury and mid-scale hotels. Both companies capitalize on the enduring demand for exploration, yet they offer vastly different financial profiles and risk exposures. This comparison examines their growth, balance sheets, and valuations to determine which stock offers the most potential today.
The case for BookingBooking Holdings operates as a global provider of online travel services through brands like Booking.com, Priceline, and Agoda. It maintains listings for nearly 4.4 million properties and serves customers across more than 220 countries. The business relies on a massive network of travel providers and third-party platforms, such as search engines, to drive customer traffic.
In its 2025 fiscal year (FY), revenue reached $26.9 billion, representing growth of 13.4% compared to the previous year. This growth helped the company generate net income of $5.4 billion. Among travel and tourism stocks, the company maintains a robust net margin of 20.1%.
As of its December 2025 balance sheet, the company carries a debt-to-equity ratio of -3.5x, which indicates that total liabilities exceed shareholder equity. The current ratio, which measures a firm's ability to cover short-term debts with current assets, is 1.3x. Free cash flow for the year reached $9.1 billion, representing the cash remaining after capital expenditures.
Marriott International is a hospitality leader managing over 30 brands and nearly 9,900 properties worldwide. The company centers its growth on the Marriott Bonvoy loyalty program, which claimed roughly 271 million members at the end of 2025. It also maintains strategic partnerships with major financial institutions like JPMorgan Chase and American Express.
During FY 2025, the company reported revenue of $26.2 billion, which was a 4.3% increase over the prior year. Net income for the period was $2.6 billion. This resulted in a net margin of 9.9%, which is a slight improvement over the 9.5% recorded in the previous fiscal year.
According to its December 2025 balance sheet, the company carries a debt-to-equity ratio of -4.5x, indicating that total liabilities exceed shareholder equity. Its current ratio is 0.4x, suggesting a tighter liquidity position for meeting short-term debts. Free cash flow for FY 2025 was $2.6 billion, providing capital for reinvestment or shareholder returns.
Risk profile comparisonBooking faces intense competition from global technology firms and AI-native platforms that could disrupt the traditional online agency model. It is heavily dependent on search engines for customer acquisition, where any algorithm changes could lower visibility. Furthermore, the company must navigate strict European regulatory requirements as a designated gatekeeper under the Digital Markets Act.
Marriott deals with escalating legal risks, including class action litigation regarding undisclosed fees and labor-related claims. The business is also operationally dependent on third-party franchisees, meaning performance disputes or bankruptcies can disrupt its revenue streams. Like its peers, it faces pressure from digital competitors like Airbnb that threaten to erode direct booking loyalty.
Valuation comparisonBooking appears significantly more attractive based on future earnings estimates, while Marriott carries a lower valuation relative to its annual sales.
MetricBookingMarriott InternationalSector BenchmarkForward P/E17.4x33.0x93.7xP/S ratio5.2x3.8xSector benchmark uses the SPDR XLY sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?Booking and Marriott represent two distinct segments of the travel industry. The former is a high-margin online travel agency (OTA) while the latter is a fee-driven hotel franchisor. Which to choose depends on a few considerations.
Booking offers superior sales growth and healthy margins. In the first quarter, revenue rose 16% year over year to $5.5 billion, and net income soared to $1.1 billion compared to the prior year’s $333 million. However, the company stated the U.S. conflict with Iran will hurt sales this year, and Wall Street is concerned artificial intelligence may supplant the need for OTAs.
Marriott benefits from a well-known brand, expansive vacation properties, and steadily rising revenue thanks to its fee-based income stream. Due to credit card, franchise and management fees, the company posted sales of $6.7 billion, up from the previous year’s $6.3 billion. It doesn’t deliver the explosive revenue growth of Booking, but it is a steady business that is ideal for conservative investors.
Between the two, my pick to buy would be Booking. Shares are beaten down right now, while Marriott recently hit a 52-week high of $410.98, and the stock price remains elevated. Both are solid travel stocks, but Booking’s strong sales growth suggests its shares have the potential for more upside once Middle East hostilities are over.
The Federal Reserve released minutes from its June 16-17 meeting on July 8, showing a divided committee that unanimously held rates steady at 3.50% to 3.75% while flagging inflation risks tied to artificial intelligence spending.
The meeting was Chair Kevin Warsh’s first since taking over the Fed. All 12 voting members backed the hold, though the minutes revealed disagreement over whether a hike is still needed this year.
Officials Split Over the Case for a HikeA few participants argued a rate increase was justified at the June meeting but ultimately supported holding steady, the minutes said. Most officials cited persistent inflation risk from tariffs, Middle East energy costs, and AI-driven demand for tech, data centers, and electricity.
Nine of 19 officials penciled in at least one rate hike before the end of 2026, a reversal from earlier projections that showed no hikes at all. Warsh did not submit a projection.
At his post-meeting press conference, Warsh described the internal debate in blunt terms.
“We had a good family fight on it for a couple of days, and we ended up, I think, in a better place.”
Follow us on X to get the latest news as it happens
AI Buildout Complicates the Inflation PictureFed staff raised inflation forecasts for 2026 and 2027, citing tariff pass-through, Middle East supply shocks, and surging AI infrastructure investment. Core inflation ran at 3.3% in April and was estimated near 3.4% in May, well above the Fed’s 2% target.
Several participants said AI spending could eventually lower costs through productivity gains, though that effect would take years to appear. Meanwhile, demand for data centers and high-tech equipment keeps adding upward pressure on prices.
Bitcoin Dips as Markets Digest the Hawkish ToneBitcoin (BTC) traded near $62,240 on Wednesday, down about 2.7% over the past 24 hours, according to BeInCrypto data at press time.
Bitcoin Price Performance. Source: BeInCryptoThe move followed a preview of the release that flagged Warsh’s silence on his own rate projection as a key source of uncertainty.
The drop follows Bitcoin options activity that turned call-heavy ahead of the minutes, days after Bitcoin’s rebound toward $64,000 on bullish ETF flows. It shows how sensitive crypto markets remain to rate-hike expectations, a dynamic also visible in the earlier Fed independence fight over Governor Lisa Cook.
Analysts See a Widening Macro-Crypto LinkAhead of the release, Ryan Kirkley, co-founder and CEO of Global Settlement Network, said the moves in oil, Treasury yields, and the dollar showed markets were already repricing for a longer inflation fight rather than a one-off shock.
The minutes bore that out, tying elevated inflation to AI-related demand, tariffs, and Middle East energy costs.
“Crypto is now reacting to oil, rates, the dollar and treasury yields… It bleeds when macro bleeds.”
The next FOMC meeting is scheduled for July 28-29. With inflation still running above target and nine officials now leaning toward a hike, upcoming inflation and jobs data will likely determine whether Warsh’s “family fight” ends in a rate increase or another hold.
10% of fees from Robinhood Chain and other Arbitrum Layer 2 (L2) networks will be allocated to the Arbitrum ecosystem, while 8% will flow to the token holders' treasury.
Offchain Labs co-founder Steven Goldfeder stated that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will flow to the Arbitrum ecosystem. Of that total, 8% will go to a treasury controlled by ARB token holders, while 2% will be earmarked for development funding. This mechanism gives the ARB token holder treasury a steady revenue stream, with the relevant funds potentially used for ecosystem grants, token buybacks, or staking rewards in the future. Should Robinhood Chain’s trading volume continue to grow, it could further strengthen the Arbitrum ecosystem’s revenue-generating capacity.
30 minutes ago
U.S. military struck approximately 90 Iranian military targets, completing a new round of strikes.
US Central Command: The U.S. military has carried out strikes on approximately 90 military targets along Iran’s coast, including air defense systems, coastal surveillance facilities, missile and drone storage sites, naval forces, and military logistics infrastructure.
30 minutes ago
Binance extends its airdrop campaign for eligible USD1 users
Binance is extending its airdrop campaign for eligible users holding USD1 on the platform. The event runs from 8:00 AM on July 10 to 8:00 AM on August 7. Eligible users will share a total prize pool of 165 million WLFI tokens. During the campaign, WLFI rewards will be distributed to eligible USD1 holders every Saturday before 2:00 AM. To qualify, users must hold USD1 balances (net assets) in any of the following account types: Spot Account, Funding Account, Margin Account (with USD1 used as cross, isolated, or unified account collateral), and U.S. dollar-denominated contract accounts (with USD1 as collateral, including multi-asset mode). For users holding USD1 in contract or margin accounts, they must maintain a daily open interest of at least 300 USD1 on USD1 contract trading pairs to receive a 1.2x boosted annualized return.
30 minutes ago
The DMind Benchmark, developed by the Minara Team, has been officially accepted for inclusion in KDD 2026, becoming the first digital asset × AI large language model evaluation benchmark to be featured at a top international conference.
The DMind Benchmark, launched by the Minara team in 2025, has recently had its paper accepted by the Datasets & Benchmarks Track of the 2026 KDD main conference. It becomes the first large language model (LLM) evaluation benchmark at the intersection of digital assets and AI to pass peer review and secure a spot in the main track of an international top conference (not a workshop or demo). KDD is a leading international conference in data mining and machine learning, with an acceptance rate of roughly 29% for this track this year. The DMind Benchmark assesses models’ multi-step reasoning capabilities in real-world digital asset scenarios, comprising 3,154 objective questions and 389 open tasks. All content was reviewed by domain experts on a question-by-question basis, covering 9 subfields including DeFi, tokenomics, and contract security. It has systematically evaluated 31 leading LLMs such as GPT, Claude, and Gemini. Its dataset once topped Hugging Face’s overall Trending list, amassing over 13,000 cumulative downloads. A July 2026 retest revealed that the performance gains of six latest flagship models on the benchmark failed to bridge the domain depth gap. Leveraging this benchmark and DMind, the initiative is building a dedicated intelligent infrastructure layer for the digital asset sector, enabling AI to truly comprehend the digital asset ecosystem.
30 minutes ago
South Korea's KOSPI index extended its decline to 2%, while Samsung Electronics fell 2.4%.
According to Bitget market data, South Korea’s KOSPI index has extended its decline to 2.01% after rising more than 4% earlier. Samsung Electronics fell 2.4%, while SK Hynix gained 2.3%.
30 minutes ago
The White House believes the ongoing fighting still has room for escalation, and military pressure has once again become the core of Trump's strategy.
The White House is preparing for potential days- or even weeks-long clashes with Iran in the Strait of Hormuz. A US official revealed that the current escalation could last a day or two, a week, or a month, depending on whether Iran continues attacking merchant vessels in the Strait of Hormuz. “We need to teach them a lesson to show them we are not to be trifled with,” the official said. Diplomacy is currently at a standstill, and military pressure has once again become the core of Trump’s strategy. The White House believes there is room for further escalation, as hundreds of oil tankers have passed through the strait and departed the Gulf in recent weeks, easing internal government concerns that renewed conflict would immediately trigger a sharp spike in oil prices. (Axios)
Gold (XAU/USD) struggles to capitalize on the previous day's bounce from the $4,020 area, or a one-week low, and oscillates in a narrow range during the Asian session on Thursday. The US Dollar (USD) remains on the back foot in the absence of a notable hawkish shift in the FOMC Minutes and acts as a tailwind for the bullion. However, renewed US-Iran hostilities revive inflation fears and bolster bets on a US Federal Reserve (Fed) rate increase in 2026. This helps limit the downside for the USD and continues to undermine the non-yielding yellow metal.
The Minutes from the June 16–17 FOMC meeting, released on Wednesday, revealed that policymakers were divided with regard to the direction of interest rates. The minutes further stated that many participants indicated the appropriate level of the federal funds rate would be within or slightly below the current target range at the end of this year. This comes on top of last Thursday's soft US Nonfarm Payrolls (NFP) report and does little to alter Fed hike bets. Fed officials, however, noted that the upside risk to inflation remains elevated and indicated that some policy firming would likely be warranted to return inflation to 2%.
Moreover, traders are still pricing in around a 70% chance that the US central bank will raise borrowing costs in September. This, along with a further escalation of tensions between the US and Iran, holds back the USD bears from placing aggressive bets. In the latest development, the US military unleashed a new wave of strikes against Iran in retaliation for Tehran’s attacks on commercial ships in the Strait of Hormuz. Iran retaliated by continuously targeting US military installations and assets across Bahrain and Kuwait. Adding to this, US President Donald Trump said on Wednesday that the ceasefire with Iran was now over.
The aforementioned fundamental backdrop favors the USD bulls, suggesting that any recovery attempt in the Gold price is more likely to be sold into and remain limited. Traders now look forward to the release of the Weekly Initial Jobless Claims data from the US, which, along with speeches from influential FOMC members, will drive the USD demand. The focus, however, will remain glued to the Middle East saga, which might continue to infuse volatility in global financial markets and produce some meaningful trading opportunities around the precious metal.
XAU/USD daily chart
Gold bears have the upper hand below 200-day SMA and within descending channelFrom a technical perspective, the XAU/USD pair keeps a bearish near-term bias beneath the 200-day Simple Moving Average (SMA) and within a downward parallel channel. Meanwhile, the Moving Average Convergence Divergence (MACD) has turned positive, and the Relative Strength Index (RSI) is at 40.26, having recovered only modestly from oversold territory. This hints that any rebound would face strong resistance at the channel top near $4,247.94.
A sustained break above the channel barrier would be needed to ease the current bearish pressure, ahead of a more robust barrier at the 200-day SMA around $4,492.08. On the downside, the lower boundary of the descending channel at $3,811.93 emerges as the next significant support, where bulls would be expected to defend the broader uptrend if the ongoing correction extends.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Fed FAQs Monetary policy in the US is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, it raises interest rates, increasing borrowing costs throughout the economy. This results in a stronger US Dollar (USD) as it makes the US a more attractive place for international investors to park their money. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates to encourage borrowing, which weighs on the Greenback.
The Federal Reserve (Fed) holds eight policy meetings a year, where the Federal Open Market Committee (FOMC) assesses economic conditions and makes monetary policy decisions. The FOMC is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis.
In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used during crises or when inflation is extremely low. It was the Fed’s weapon of choice during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy high grade bonds from financial institutions. QE usually weakens the US Dollar.
Quantitative tightening (QT) is the reverse process of QE, whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing, to purchase new bonds. It is usually positive for the value of the US Dollar.
Incyte (INCY 0.67%) and TG Therapeutics (TGTX 1.43%) are commercial-stage biotech companies that are using blockbuster drugs to fund the growth of their promising pipelines. Incyte is known for its work in Janus kinase (JAK) inhibition, focusing on dermatology, oncology, hematology, inflammation, and autoimmune disorders.TG Therapeutics is focused on the acquisition, development, and commercialization of novel treatments for B-cell diseases.
Both stocks are delivering strong returns. Shares of Incyte are up more than 17% this year, while TG Therapeutics is up nearly 90% so far in 2026.
Here are reasons to buy the pharmaceutical stocks:
Image source: Getty Images.
Incyte has strong cash flow and operational beats Incyte's financial health is anchored by its blockbuster JAK inhibitor, Jakafi, for rare blood cancers, and its fast-growing dermatology cream, Opzelura, approved to treat vitiligo and eczema.
In the first quarter, Incyte reported Jakafi sales of $758 million, up 7% year over year, and Opzelura had sales of $143 million, up 20% over the same period last year. Overall revenue was $1.27 billion, up 21% year over year, and earnings per share (EPS) were $1.47, up 83.7% over the first quarter of 2025. Adjusted EPS was $1.81, beating the analysts' consensus of $1.34.
The growing diversification of its pipeline Incyte is aggressively using its free cash flow to buy its way out of concentration risk. A prime example is its recent $1.25 billion acquisition of Vega Therapeutics, which gives it a highly promising phase 3 subcutaneous bleeding disorder asset (VGA039). This expands its footprint into hematology outside of cancer, padding its late-stage pipeline with potential first-in-class multibillion-dollar drugs.
Today's Change
(
-0.67
%) $
-0.79
Current Price
$
117.26
CEO Bill Meury said Incyte has 10 phase 3 studies underway and anticipates four new approvals and launches in cancer and immunology through early 2027. One key late-stage pipeline therapy is Monjuvi, which performed well as a combination therapy in a phase 3 trial as a first-line treatment for diffuse large B-cell lymphoma (DLBCL).
Another is povorcitinib to treat the skin conditions hidradenitis suppurativa and nonsegmental vitiligo. The company also has high hopes for INCB161734 as a treatment for pancreatic ductal adenocarcinoma.
Highly efficient financial metrics For a biotech, Incyte demonstrates remarkable capital efficiency. It has an exceptional return on equity of more than 30%, reflecting a management team that is proficient at turning shareholder investments and cash reserves into real, tangible earnings.
TG Therapeutics is riding Briumvi momentum Briumvi, TG Therapeutics' IV infusion for the treatment of relapsing forms of multiple sclerosis (MS), is driving growth. Management recently raised its full-year revenue guidance to $925 million after the drug brought in $194.8 million in first-quarter U.S. sales alone. The company also raised full-year Briumi guidance to $885 million to $900 million in sales.
Today's Change
(
-1.43
%) $
-0.83
Current Price
$
57.23
The drug is in a phase 3 trial as an at-home self-administered subcutaneous injection format to treat MS. It is also being examined for treatment-resistant schizophrenia in patients who do not fully respond to standard antipsychotics, as well as a subcutaneous form to treat Myasthenia Gravis, a chronic, rare autoimmune neuromuscular disorder.
It has an attractive acquisition profile TG Therapeutics has a powerhouse gross-margin profile sitting around 83%. In the first quarter, the company reported revenue of $204.9 million, up 69.5%, year over year. EPS was $0.12, up 300% over the same period a year ago.
Given the recent wave of multibillion-dollar merger and acquisition deals sweeping the biotech sector, the company's highly profitable, single-blockbuster commercial engine makes it a prime, highly lucrative takeover target for a pharmaceutical giant looking to buy a turnkey neurology franchise.
Potential suitors include large pharmaceutical companies with an existing footprint in neurology and immunology, such as Sanofi, which has a history of big MS drugs such as Aubagio and Lemtrada; Novartis, the maker of competing MS drugs Kesimpta and Gilenya; and Biogen, a dominant player in the MS space.
On July 08, 2026, OneMain Holdings Inc (OMF) shares fell 4.0% to a current price of $57.25. This decline comes amid a 52-week trading range that has seen a high
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 8, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 28, 2026 to file lead plaintiff applications in a securities class action lawsuit against Hub Group, Inc. ("Hub" or the "Company") (NasdaqGS: HUBG), if they purchased or otherwise acquired the Company's securities between April 28, 2023, and May 11, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of Illinois.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=aqHdidapNT0
What You May Do
If you purchased securities of Hub as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-hubg/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 28, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Hub Group and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On February 5, 2026, the Company disclosed that its financial statements and reports for the first three quarters of 2025 should not be relied upon due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025" and that it planned to restate the statements. On this news, the price of Hub Group shares fell approximately 18%, from $51.33 per share on February 5, 2026 to $41.96 on February 6, 2026.
Then, on May 12, 2026, the Company disclosed that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they should no longer be relied upon, and "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023." On this news, the price of Hub Group shares fell an additional 13%, from $41.86 per share at close on May 11, 2026 to $36.62 on May 12, 2026.
The case is Lawler v. Hub Group, Inc., et al, 26-cv-07596.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"), of the important August 28, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hub Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group's financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements-caused by the premature and incorrect recognition of certain transactions-concerning, inter alia, Hub Group's operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group's financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements-caused by the understatement of purchased transportation costs and accounts payable -concerning, inter alia, Hub Group's operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304521
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Insulet Corporation (NASDAQ: PODD) between February 21, 2025 and May 26, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2026.
SO WHAT: If you purchased Insulet securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Insulet Corporation class action, go to https://rosenlegal.com/cases/insulet-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Insulet's manufacturing controls and procedures were defective; (2) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Insulet class action, go to https://rosenlegal.com/cases/insulet-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304518
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Insulet Corporation (NASDAQ: PODD) between February 21, 2025 and May 26, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2026.
SO WHAT: If you purchased Insulet securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Insulet Corporation class action, go to https://rosenlegal.com/cases/insulet-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Insulet's manufacturing controls and procedures were defective; (2) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Insulet class action, go to https://rosenlegal.com/cases/insulet-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."
On this news, Ensign's shares fell 8.15% on June 8, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304513
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Gold and silver have lost the momentum generated by their recent rebounds, but sellers have yet to secure the decisive breakdown they are looking for. Gold’s recovery stalled at 4202.87, while silver turned lower after reaching 63.25. The next move now appears to hinge on a market far removed from precious metals themselves: Brent crude. If oil establishes itself above $80, the inflation narrative that has dominated markets for months could quickly return to centre stage.
Events in the Middle East are moving in that direction. Fresh US strikes against Iranian targets followed attacks on commercial shipping in and around the Strait of Hormuz, while President Donald Trump declared the ceasefire effectively “over” and questioned whether further negotiations were worthwhile. The rhetoric was accompanied by concrete policy action after Washington withdrew the waiver allowing Iran to continue exporting oil. Tehran responded by branding the strikes a treaty violation and signalling it was prepared to respond to further military action. Taken together, the latest developments look less like another temporary dispute within a ceasefire framework and more like the first meaningful signs that the agreement itself may be starting to unravel.
For metals markets, however, the crucial issue is not whether tensions remain elevated, but whether they push oil high enough to change the inflation outlook. A sustained break above Brent’s $80 psychological level, reinforced by a move through 38.2% retracement of 98.99 to 70.14 at 81.16, would suggest investors are rebuilding a meaningful geopolitical premium into energy prices. That would increase the risk that the Federal Reserve will move closer towards rate hikes, strengthening the Dollar and maintaining upward pressure on real yields. In that environment, a decisive break below Gold’s $4000 area and a renewed slide in Silver towards $50 would become considerably more likely.
The charts continue to favor that bearish outcome. Gold remains comfortably inside its descending channel, with 4,202.87 marking the key resistance that bulls must overcome. Until then, a break below 3,942.23 remains the preferred scenario. Firm break of 3,942.23 will resume the larger down trend. Next target will be 50% retracement of 1,614.60 (2022 low) to 5,598.38 (2026 high) at 3,606.49.
Silver is following the same script. The failure at 63.25 reinforces the integrity of the near-term falling channel, while 55.59 remains the key support to watch. A decisive break there would confirm the broader downtrend has resumed and expose the next major downside objective 76.4% retracement of 28.28 to 121.83 at 50.26.
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 8, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in PicS N.V. ("PicS" or the "Company") (NasdaqGS: PICS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of PicS who were adversely affected if they purchased the Company's Class A common stock in and/or traceable to its January 30, 2026 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=FQIEqld_vCU
Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nasdaqgs-pics/
PicS investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-ses/?prs=nf to learn more.
CASE DETAILS: According to the Complaint, PicS and certain of its executives are charged with failing to disclose material information in the Offering Documents, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) in December 2025, the Company determined that its credit assessment procedures were deficient and required enhancement; (ii) following implementation of revised procedures, the Company reclassified approximately R$590 million of exposures from Stage 2 to Stage 3, resulting in an incremental ECL charge of R$88 million for the quarter ended December 31, 2025; (iii) the Company experienced an undisclosed Stage 3 formation rate exceeding 7% in the fourth quarter of 2025, materially departing from the historical trends disclosed in the offering documents; (iv) the offering documents materially overstated the effectiveness of PicS N.V.'s credit models, user data, and underwriting and risk-monitoring capabilities; and (v) prior to the IPO, PicS N.V.'s expansion into riskier business lines had led to deteriorating credit quality, increased default and impairment risk, and adverse financial and operational trends that were expected to continue worsening and materially impact the Company's business and financial results.
The case is FirstFire Global Opportunities Fund, LLC v. PicS N.V., No. 26-cv-04793.
WHAT TO DO? If you invested in PicS and suffered a loss during the relevant time frame, you have until August 4, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Rosen Law Firm Encourages Bloom Energy Corporation Investors to Inquire About Securities Class Action Investigation -- BE Why:Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bloom Energy Corporation (NYSE: BE) resulting from allegations that Bloom Energy may have issued materially misleading business information to the investing public.
So What: If you purchased Bloom Energy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next:To join the prospective class action, go to https://rosenlegal.com/cases/bloom-energy-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On July 8, 2026, Investing.com published an article entitled "Bloom Energy shares drop after short seller questions supply claims." The article stated that Bloom Energy Corp. shares fell after "short seller Hunterbrook published a report challenging the company’s statements about its supply chain and production capacity."
On this news, Bloom Energy stock fell 5.6% on July 8, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260708236165/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Peabody Energy Corporation (NYSE: BTU) between October 14, 2024 to May 4, 2026, inclusive (the "Class Period"), of the important August 24, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Peabody Energy common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Peabody Energy class action, go to https://rosenlegal.com/cases/peabody-energy-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 24, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Peabody Energy's Centurion mine and the multitude of issues causing delays to the ramp-up and the return to full longwall production dates. On March 30, 2026, Peabody Energy issued a press release lowering guidance pertaining to Centurion mine's expected first quarter 2026 output ahead of Peabody Energy's full earnings release. In pertinent part, defendants announced that sales volume from the Centurion mine was expected to deliver approximately 250,000 tons in the first quarter due to mining commissioning challenges (compared to previous estimates of around 700,000 tons). When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Peabody Energy class action, go to https://rosenlegal.com/cases/peabody-energy-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304529
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
EUR/JPY pares steadies after registering modest gains in the previous day, trading around 185.60 during the Asian hours on Thursday. The currency cross is maintaining a constructive bullish bias as spot holds above the moving averages, with a nine-day Exponential Moving Average (EMA) moving above a 50-day EMA, suggesting a bullish shift in momentum.
The EUR/JPY cross also sits over the session Volume-Weighted Average Price (VWAP), while the 14-day Relative Strength Index (RSI) near 55 suggests positive but not overstretched momentum, hinting that buyers retain control as long as these supports are defended.
Daily chart technical analysis shows the EUR/JPY cross is positioned on the upper boundary of the symmetrical triangle around 185.60, signaling an imminent bullish breakout. It shows that buyers are aggressively pushing the price up, testing a breakout. A decisive close above this line confirms the breakout, typically triggering a sharp rally toward the all-time high of 187.95, which was recorded on April 17.
On the downside, primary support lies at the VWAP at 185.28, followed by the nine-day EMA at 185.13 and the 50-day EMA at 184.99. Further declines would put downward pressure on the EUR/JPY cross to test the symmetrical triangle’s lower boundary around 183.70. A break below the triangle would expose the four-month low of 181.87, recorded on March 16, and the six-month low of 180.81.
EUR/JPY: Daily Chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD-0.08%-0.05%-0.08%-0.07%-0.04%-0.40%-0.14%EUR0.08%0.03%-0.02%0.01%0.06%-0.29%-0.05%GBP0.05%-0.03%-0.04%-0.02%0.03%-0.32%-0.08%JPY0.08%0.02%0.04%0.00%0.08%-0.30%-0.04%CAD0.07%-0.01%0.02%-0.00%0.06%-0.30%-0.06%AUD0.04%-0.06%-0.03%-0.08%-0.06%-0.35%-0.11%NZD0.40%0.29%0.32%0.30%0.30%0.35%0.24%CHF0.14%0.05%0.08%0.04%0.06%0.11%-0.24% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
, /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced that the ECA LNG Phase 1 project in Ensenada, Mexico, has safely and successfully loaded and shipped its first cargo of liquefied natural gas (LNG), an important milestone toward full commercial operations.
ECA First Cargo
"At a time of increased uncertainty in the global LNG trade, we are excited to begin shipping a new and reliable source of natural gas from North America's Pacific Coast to customers around the globe," said Justin Bird, chief executive officer of Sempra Infrastructure. "This achievement underscores the exceptional talent of the entire ECA LNG Phase 1 team and our company's steadfast commitment to safe and strong project execution."
"The start-up of ECA LNG, whose strategic location provides privileged access to Asian markets, strengthens the quality of our integrated LNG portfolio in North America. TotalEnergies is pleased to contribute to the project's ramp-up by exporting its first LNG cargoes," said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies.
Once the facility begins commercial operations, ECA LNG Phase 1 will be the first LNG liquefaction facility on Mexico's Pacific Coast. Due to its strategic location, it creates a competitive advantage for shippers from the facility, who have the unique ability to export U.S. natural gas to Asia and other Pacific Basin markets through the shortest shipping route, thus reducing transportation times, costs and uncertainty while providing customers with greater access to competitively priced U.S. natural gas.
ECA LNG Phase 1 is a joint venture with TotalEnergies and consists of a single liquefaction train with nameplate capacity of 3.25 million tonnes per annum (Mtpa) of LNG. The project is supported by long-term sale and purchase agreements with TotalEnergies and Mitsui & Co.
The project is expected to reach substantial completion in the summer of 2026, with sales under long-term sale and purchase agreements commencing shortly thereafter, when the facility begins commercial operations. A second and significantly larger phase is also under active development at the same site.
The ECA LNG facility is a cornerstone of Sempra Infrastructure's dual-coast LNG portfolio. With projects along the U.S. Gulf Coast and Mexico's Pacific Coast, Sempra Infrastructure offers customers the flexibility and reliability needed to meet growing demand for competitively priced U.S. natural gas.
About Sempra Infrastructure
Sempra Infrastructure, headquartered in Houston, is focused on delivering energy for a better world by developing, building, operating and investing in modern energy infrastructure, such as LNG, energy networks and low-carbon solutions that are expected to play a crucial role in the energy systems of the future. Through the combined strength of its assets in North America, Sempra Infrastructure is connecting customers to safe and reliable energy and advancing energy security. Sempra Infrastructure is a subsidiary of Sempra (NYSE: SRE), a leading utility growth company. For more information, visit SempraInfrastructure.com or connect with Sempra Infrastructure on social media @SempraInfra.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.
In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, audits, investigations, inquiries, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures and other significant transactions such as the planned sale of a portion of Sempra's equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact on our ability to pass through higher costs to customers due to volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.
These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC).
San Diego, California--(Newsfile Corp. - July 8, 2026) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of AeroVironment, Inc. (NASDAQ: AVAV) securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), have until Monday, July 27, 2026 to seek appointment as lead plaintiff of the AeroVironment class action lawsuit. Captioned Norrell v. AeroVironment, Inc., No. 26-cv-01429 (E.D. Va.), the AeroVironment class action lawsuit charges AeroVironment and certain of AeroVironment's current and former executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the AeroVironment class action lawsuit, please provide your information here:
You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].
CASE ALLEGATIONS: AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.
The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment's business and financial prospects.
The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program." On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.
Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: "We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR," the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.
Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment's space division after the stop work order on AeroVironment's BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired AeroVironment securities during the Class Period to seek appointment as lead plaintiff in the AeroVironment class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the AeroVironment class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the AeroVironment class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the AeroVironment class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 8, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of AeroVironment, Inc. who were adversely affected if they purchased the Company's securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Virginia.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=b86qi_eJ54U
Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nasdaqgs-avav/
AeroVironment investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-avav/ to learn more.
CLICK HERE for more information
CASE DETAILS: According to the Complaint, AeroVironment and certain of its executives are charged with failing to disclose material information during the class period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resource program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network; (ii) accordingly, defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times.
The case is Norrell v. AeroVironment, Inc., et al, No. 26-cv-01429.
WHAT TO DO? If you invested in AeroVironment and suffered a loss during the relevant time frame, you have until July 27, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
Silver price (XAG/USD) inches higher after three days of losses, trading around $58.30 per troy ounce during the Asian hours on Thursday. The price of non-yielding white metal could drop even further as renewed tensions between the United States (US) and Iran are sparking fears of energy-driven inflation, which will likely push the Federal Reserve to keep interest rates higher for longer to bring prices down.
The US President Donald Trump stated on Wednesday that an interim agreement to end the conflict with Iran was officially "over," stoking concerns that a renewal of war could again drive inflation and push up interest rates. Trump also threatened a second day of airstrikes and vowed to reimpose a US naval blockade in retaliation for recent attacks on oil tankers transiting the Strait of Hormuz.
The minutes of the Fed’s June 16-17 meeting released Wednesday showed that a few policymakers said there was a case for hiking rates, though they ultimately supported the decision to leave rates on hold. The minutes reflected growing concern among Fed officials over inflation just as worries about the labor market slightly receded. Swap traders are now pricing the likelihood of a rate hike at the next Fed meeting at more than 30%, up from less than 20% last Thursday, according to the CME FedWatch tool.
Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
Axalta Coating Systems Ltd (AXTA) Stock Down 4.9% -- Now Undervalued? GF Score: 79/100
On July 08, 2026, Axalta Coating Systems Ltd AXTA shares fell 4.9% today, bringing the current price to $32.56. The stock has experienced a 52-week range of $24.94 to $35.72, indicating volatility in its performance over the past year.
GF Value™ verdict: Current price is $32.56, which is 2.3% below the GF Value™ of $33.33.GF Score™ of 79/100 indicates the stock is above average in terms of quality and growth potential.No insider transactions have occurred in the last 3 months, suggesting a neutral sentiment among company insiders. Is AXTA Overvalued or Undervalued? According to the GF Value™, Axalta Coating Systems Ltd is currently undervalued at a price of $32.56, which is 2.3% lower than its estimated intrinsic value of $33.33. This indicates a modest margin of safety for potential investors. The GF Valuation label classifies the stock as fairly valued, suggesting that while there is a slight undervaluation, the risk of further declines cannot be overlooked, especially given the recent downward price movement.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Therefore, while there may be an opportunity for growth, investors should proceed with caution and consider the overall market conditions and the company's performance trajectory.
How Does AXTA's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 19.0x 25.6x Forward P/E 12.5x - Axalta's current P/E ratio of 19.0x is significantly below its 5-year median P/E of 25.6x, indicating that the stock is trading at a discount compared to its historical valuation. This P/E analysis agrees with the GF Value™ verdict, reinforcing the notion that AXTA may be undervalued relative to its historical performance.
What Does AXTA's GF Score™ Tell Us? Metric Rating GF Score™ 79/100 Financial Strength 5/10 Profitability 8/10 Growth 5/10 Valuation 7/10 Momentum 7/10 The GF Score™ of 79/100 reflects a strong overall assessment, with standout performance in Profitability (8/10) indicating solid earnings capabilities. However, Financial Strength (5/10) and Growth (5/10) scores suggest areas where the company may need improvement. The Valuation and Momentum scores of 7/10 indicate that while the stock is relatively stable and fairly priced, there are macroeconomic factors at play that could impact future growth.
What Are Insiders Doing with AXTA Stock? There have been no insider transactions in the last three months for Axalta Coating Systems Ltd. This absence of insider buying or selling could suggest that insiders are either confident in the company’s current strategy or are choosing to refrain from making any public moves during this period.
What This Means for Investors Based on the current analysis, Axalta Coating Systems Ltd AXTA appears to be fairly valued, with a slight undervaluation according to the GF Value™. Investors may see potential for upside, but it is essential to remain aware of market volatility and the company's financial health as reflected in its GF Score™.
For the complete analysis, visit the Axalta Coating Systems Ltd AXTA stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is AXTA's GF Score™?
AXTA's GF Score™ is 79/100, indicating above-average quality and potential for long-term returns based on historical performance metrics.
Is AXTA overvalued or undervalued?
AXTA is currently undervalued according to its GF Value™, which suggests a slight margin of safety for potential investors.
What is AXTA's P/E ratio?
AXTA's P/E (TTM) ratio is 19.0x, which is 26% below its 5-year median P/E of 25.6x, indicating it is trading at a discount compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
A Look at Eastman Chemical Co (EMN) After 3.9% Decline -- GF Value $78.71 vs Price $66.90
On July 08, 2026, Eastman Chemical Co EMN shares fell 3.9% to a current price of $66.90. This decline comes amid a broader trend, with the stock experiencing a 52-week range of $56.11 to $83.47.
GF Value™ verdict: The current price is $66.90, which is 15.0% undervalued compared to the GF Value™ of $78.71.GF Score™: 74/100, indicating an above-average potential for long-term returns.Most notable signal: Insiders sold $0.1M in the last 3 months, with no buying activity. Is EMN Overvalued or Undervalued? Eastman Chemical Co EMN is currently priced at $66.90, which is 15.0% below its GF Value™ of $78.71. This undervaluation suggests a margin of safety for potential investors, as the market price does not fully reflect the company's intrinsic value. The GF Valuation label indicates that EMN is modestly undervalued, presenting an opportunity for value-focused investors who are willing to consider the company's fundamentals.
However, while the undervaluation might be appealing, it is essential to approach with caution. The current economic environment, market volatility, and the company's financial strength must be taken into account. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates, making it a critical tool for assessing potential investments.
How Does EMN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 19.4x 13.8x Forward P/E 10.6x N/A The current P/E ratio of 19.4x is significantly above its 5-year median P/E of 13.8x, indicating that the stock is trading at a higher valuation compared to its historical averages. This analysis aligns with the GF Value™ verdict, suggesting that despite the company's current undervaluation, its historical P/E ratios imply a higher valuation than what has been typical for EMN. Thus, while the GF Value™ suggests an opportunity, the elevated P/E indicates a cautionary stance regarding potential overvaluation in the context of historical performance.
What Does EMN's GF Score™ Tell Us? Metric Rating GF Score™ 74 Financial Strength 5/10 Profitability 7/10 Growth 3/10 Valuation 10/10 Momentum 7/10 The GF Score™ of 74/100 reflects a solid overall rating for Eastman Chemical Co, suggesting potential for long-term returns. The strongest area is the Valuation rank, rated at 10/10, indicating that the stock is considered attractive relative to its intrinsic value. However, the Growth rank of 3/10 highlights a weakness in the company's growth prospects, which could be a concern for long-term investors looking for substantial capital appreciation.
What Are Insiders Doing with EMN Stock? In the last three months, insiders at Eastman Chemical Co have sold $0.1 million worth of shares, with no recorded buying activity. This pattern of selling could suggest a lack of confidence among insiders regarding the company's short-term outlook. Insiders typically have a better understanding of the company's operations and future prospects, so their selling activity may warrant caution for potential investors.
What This Means for Investors Based on the GF Value™ assessment, Eastman Chemical Co EMN is currently undervalued. However, the elevated P/E ratio and insider selling activity suggest some caution is warranted. While there may be opportunities for value-oriented investors, the overall picture indicates a need for careful consideration of the associated risks.
For the complete analysis, visit the Eastman Chemical Co EMN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is EMN's GF Score™?
EMN's GF Score™ is 74/100, indicating an above-average potential for long-term returns based on various fundamental factors.
Is EMN overvalued or undervalued?
EMN is currently undervalued, with a GF Value™ of $78.71 compared to the current price of $66.90.
What is EMN's P/E ratio?
EMN's P/E (TTM) is 19.4x, which is significantly higher than its 5-year median P/E of 13.8x, indicating that the stock is trading at a higher valuation than its historical average.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Cathie Wood’s Ark Invest reduced its AMD position on July 6, selling more than 15,000 shares valued at over $8 million through the Ark Innovation ETF. Although such a sale could raise concerns, it likely reflects routine portfolio rebalancing instead of weakening confidence in AMD.
Advertisement
The sale followed a successful investment made in February, when Ark bought more than 141,000 AMD shares after the stock plunged 17.3% following disappointing earnings. Wood viewed the decline as a buying opportunity.
AMD’s fortunes improved significantly after reporting stronger-than-expected first-quarter 2026 results, with revenue, earnings per share, and second-quarter guidance all exceeding forecasts. The stock rallied sharply, climbing to $516 by July 7 after opening at $351 before the earnings release.
Ark also purchased $5.6 million worth of Kratos Defense & Security Solutions shares on July 6, indicating it was likely rotating capital into new opportunities while locking in gains from AMD’s strong rally.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GoDaddy Inc. (NYSE: GDDY) resulting from allegations that GoDaddy may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased GoDaddy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/godaddy-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: Rosen Law Firm is investigating potential civil securities claims.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - July 8, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=Tmjc32xVGrk
What You May Do
If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 25, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company's financial results were overstated; and (iv) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
Canada's getting its first Meta data center, and it's built for AI By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Meta's data center facility in Alberta, Canada, is expected to bring 300 operational jobs, the company said. Meta Meta is bringing a data center to Canada.
The company announced on Wednesday that it broke ground for a new AI computing center in Sturgeon County, Alberta, just outside Edmonton. The facility represents an investment of more than CAD $13 billion, or roughly $9 billion, and is planned as a 1-gigawatt data center, the company said in a press release.
It will be Meta's first data center in the country.
"This data center will be optimized for our AI workloads, helping bring to life the technologies that billions around the world use to connect, find communities, grow businesses, and experience the power of our wearables," Meta said.
The facility will be Meta's 33rd data center globally. Meta said it expects the project to support more than 3,000 construction workers at peak and more than 300 "operational jobs" once it's completed. The company said it will also spend about CAD $60 million, or about $42 million, on local infrastructure improvements.
Meta did not disclose the acreage or square footage of the Sturgeon County campus. The company said the facility will use a "closed-loop, liquid-cooled system with dry cooling," meaning it is designed to avoid the need for a continuous water supply for cooling.
A Meta spokesperson did not immediately respond to a request for comment.
In a statement, Alanna Hnatiw, the mayor of Sturgeon County, welcomed the new facility as a positive development for the region, bringing jobs and "long-term tax revenue."
"We're excited to work with our new neighbours as we continue to make that vision a reality," the mayor said.
In the US, Meta said it has 28 data centers, including the massive Richland Parish site in Louisiana.
The Louisiana data center campus is expected to be Meta's largest facility to date, with a footprint of 4 million square feet, providing more than 2 gigawatts of compute capacity.
Read next
Lloyd Lee You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Alphabet-owned Google broke a search record thanks to the World Cup international soccer tournament.
During the knockout World Cup round Tuesday, Argentina's national team mounted a late comeback where Cristian Romero scored a goal then Lionel Messi equalized with his own goal in the 83rd minute for the win.
"Google Search broke all prior usage records and saw its highest usage in history right after Argentina scored their winning goal in yesterday's match" wrote Nick Fox, head of Google's Knowledge and Information unit Wednesday.
A company spokesperson did not share specific numbers but told CNBC "we saw the most queries per second happen right after the winning goal."
The milestone comes as the company tries to prove its traditional search engine can keep its relevance in the age of AI, where chatbots have become more prevalent. Google still controls 90% of the search market, its stock price has more than doubled in the past year and revenue growth in the first quarter was the fastest for any period since 2022.
Google said its top searched query after the game was "argentina vs egypt."
Globally, the company also saw people searching for things like "argentina x colombia" and "how many world cup goals does messi have." Additional queries included "what is it called when a player hits another player in game" and "is it messi's last world cup."
New York, New York--(Newsfile Corp. - July 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Microsoft Corporation (NASDAQ: MSFT) between May 1, 2025 and January 28, 2026, inclusive (the "Class Period"), of the important August 11, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Microsoft common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Microsoft's Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (2) Microsoft's flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (3) Microsoft needed to increase by billions of dollars its capital expenditures and divert graphics processing unit ("GPU") and central processing unit ("CPU") capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related research and development ("R&D"); and (4) as a result, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and Microsoft's Copilot offerings had lost market share to rival products, a trend that was increasing. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304517
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Alibaba Group (NYSE:BABA)'s US-listed shares jumped almost 11% on Tuesday, supported by a temporary legal reprieve in the United States and growing optimism ahead of the company's upcoming earnings report.
Investor sentiment improved after a US federal judge temporarily blocked restrictions tied to the Pentagon's designation of Alibaba under its Section 1260H list while the company's legal challenge proceeds, according to Bloomberg.
The order allows Alibaba to continue working with US lobbying firms during the court process, preserving its ability to engage with US policymakers on issues related to its cloud computing, e-commerce and capital markets businesses.
The legal challenge stems from the US Department of Defense's June decision to add Alibaba, along with several other Chinese companies, to its list of entities identified as having ties to China's military. The broader review of the designation remains ongoing.
Also supporting the stock was growing optimism ahead of Alibaba's June-quarter earnings, expected in late August or early September.
Jefferies expects Alibaba to deliver "strong execution despite macro headwinds," with combined EBITA from its China e-commerce and Alibaba International Digital Commerce businesses remaining roughly flat year over year.
The firm believes that weakness in industry gross merchandise value growth is already reflected in the stock price and reaffirmed Alibaba as its top pick on its artificial intelligence investment theme.
The analysts forecast total June-quarter revenue to increase 9% year over year to about RMB270 billion, in line with market consensus. They expect Cloud Intelligent Group revenue to grow 45% from a year earlier, above consensus estimates, driven by demand for artificial intelligence services and model-as-a-service offerings. Jefferies also expects cloud margins to improve sequentially and forecasts Alibaba International Digital Commerce Group will return to profit during the quarter.
The analysts wrote that stronger cloud performance and improving fundamentals in Alibaba's Quick Commerce business should help offset softer trends in China's broader online retail market, where industry online shopping gross merchandise value growth slowed during April and May.
Boeing logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
CompaniesJAKARTA, July 9 (Reuters) - Indonesian state energy firm Pertamina [RIC:RIC:PERTM.UL] said it has signed a memorandum of understanding (MoU) with U.S. planemaker Boeing (BA.N), opens new tab to explore opportunities in developing a sustainable aviation fuel (SAF) industry in the country.
Here are some key details:
Make sense of global markets with the Trading Day newsletter. Sign up here.
The agreement aims to support Indonesia's effort to decarbonise the aviation sector and move towards net-zero emissions, Pertamina said in a statement late on Wednesday.
The companies will look at identifying feedstock sources, developing SAF technologies, and supporting SAF policy development.
"We are confident this collaboration will accelerate the development of a competitive SAF industry, and create greater value for Indonesia's economy," Pertamina CEO Simon Aloysius Mantiri said.
Boeing Indonesia Managing Director Indra Duivenvoorde said Indonesia had the potential to become a regional leader in sustainable aviation.
Boeing projects Southeast Asia's passenger traffic to grow by around 7% annually through 2044, creating demand for nearly 4,900 new aircraft, and said SAF adoption is expected to help cut aviation emissions.
Pertamina has launched several SAF initiatives, including SAF production and certification, the use of SAF by its subsidiary Pelita Air, and the Cilacap Biorefinery project to produce SAF using used cooking oil and other sustainable waste-based feedstocks.
Reporting by Fransiska Nangoy, Writing by Ananda Teresia; Editing by John Mair
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Delta Air Lines Inc (NYSE:DAL) is expected to report second-quarter results slightly above the upper end of its previously guided earnings range, though investors are likely to focus more closely on the airline's outlook for the third quarter and full year, according to UBS.
The brokerage said it expects Delta to report second-quarter earnings slightly above the high end of its guidance range of $1 to $1.50 per share, in line with broader market expectations.
"Importantly, we think its forward outlook will be the key focus on the print," the analysts wrote.
For the third quarter, UBS said investors are generally expecting earnings guidance of $2 to $2.50 per share on mid-teens revenue growth. UBS forecasts third-quarter earnings of $2.51 per share, compared with Wall Street consensus of $2.03.
The analysts added that Delta is likely to take a conservative approach to its fuel assumptions for the third and fourth quarters given that oil prices have moved higher.
On costs, UBS said the market generally expects second-quarter non-fuel unit costs, or CASM excluding fuel, to increase more than 7% year over year. Delta had previously indicated that second-quarter CASM-ex growth would be broadly in line with the 6.3% increase recorded in the first quarter, but UBS believes crew scheduling issues were likely more severe than expected and may have increased cost pressures.
For the third quarter, the firm expects CASM-ex growth of 6% to 7%, with crew scheduling disruptions likely to persist but be less of a drag than in the second quarter.
UBS also noted that Delta's refinery operations are expected to contribute a benefit of about $0.10 to $0.15 per share in the third quarter at most, although profits could be lower following the recent fire at the company's Monroe refinery.
Looking ahead to fiscal 2026, UBS said investor expectations for Delta's full-year guidance vary following the stock's roughly 28% gain year to date. The brokerage believes the market is looking for earnings guidance in the range of $6 to $7 per share, compared with its own estimate of $6.70 and the Wall Street consensus of $5.99.
That compares with Delta's initial fiscal 2026 guidance of $6.50 to $7.50 per share issued in January.
UBS noted that achieving the lower end of that original range would imply fourth-quarter earnings of about $2.00 per share, assuming third-quarter earnings are around the midpoint of the expected $2 to $2.50 range.
The analysts cautioned that maintaining the original guidance range would require fourth quarter revenue growth to remain consistent with the third quarter despite tougher year-over-year comparisons and the possibility of weaker consumer demand.
"While its possible DAL guides to this range, we think one has to assume Q4 revenue growth remains consistent with 3Q despite tougher compares and possibility of greater consumer elasticity kicking in by then,” the analysts wrote.
“In our view, that's a bit optimistic, notwithstanding some modest benefit from greater portion of booking curve exposed to fare increases in Q4 versus Q3.”
UBS maintained its ‘Buy’ rating on Delta Air Lines with an unchanged price target of $107, implying upside from current levels of $87.
