Track market-moving stories before they get noisy

Key Takeaways MasTec to acquire Superior Group for about $1.65B to expand mission-critical infrastructure capabilities.MTZ expects the deal to be immediately accretive to revenues, adjusted EBITDA, adjusted EPS and cash flow.MasTec says Superior strengthens relationships with hyperscalers while expanding inside-the-fence services. MasTec, Inc. (MTZ - Free Report) is doubling down on the fast-growing data center and mission-critical infrastructure market with the acquisition of Electrical Specialists, Inc., doing business as The Superior Group, for approximately $1.65 billion. The deal is expected to close in mid-to-late July 2026, subject to customary regulatory approvals.

MTZ stock gained 2.6% during yesterday’s after-hours trading session, post the buyout announcement.

MasTec Strengthening Data Center Infrastructure CapabilitiesHeadquartered in Columbus, OH, Superior is a full-service electrical contractor with a history dating back to 1925, having grown into one of the largest electrical contractors in the United States, serving data centers, healthcare, entertainment and industrial customers. Its expertise spans design, engineering, prefabrication, modular manufacturing, construction, integrated systems and long-term maintenance services.

The acquisition advances MasTec's strategy of building a scaled infrastructure platform to capitalize on accelerating demand for data centers, power and mission-critical infrastructure. While MasTec has traditionally focused on "outside-the-fence" infrastructure such as power generation, transmission, substations and communications, Superior expands its capabilities "inside the fence" through electrical systems and integrated building services.

Immediate Financial Benefits Expected by MTZSuperior has delivered double-digit compound growth in revenues and net income over the past four years through 2025, supported by rising demand for mission-critical infrastructure. For 2026, Superior is projected to generate $1.6-$1.7 billion in revenues and $225-$250 million in adjusted EBITDA.

MasTec expects the acquisition to be immediately accretive to revenues, adjusted EBITDA, adjusted EPS and operating cash flow. For the remainder of 2026, Superior is expected to contribute $800-$900 million in revenues, $100-$115 million in adjusted EBITDA and $0.50-$0.65 in adjusted EPS. Looking ahead to 2027, management projects revenues of $2.2-$2.5 billion and adjusted EBITDA of $250-$275 million.

Beyond the financial upside, the buyout deal strengthens MTZ’s relationships with leading hyperscalers, data center developers and technology customers while adding one of the nation's largest self-performing electrical workforces. With Superior's experienced leadership team remaining in place, MasTec appears well-positioned to benefit from the ongoing buildout of America's AI-driven digital infrastructure.

MasTec’s Capital Allocation ApproachMasTec maintains a disciplined, returns-focused capital allocation strategy that balances strategic acquisitions with long-term shareholder value creation. It prioritizes investments that expand its capabilities in high-growth infrastructure markets, including power delivery, clean energy, communications and data center construction, while ensuring acquisitions align with its financial return objectives.

Backed by a strong balance sheet and projected 2026 operating cash flow of approximately $1 billion, MasTec retains ample financial flexibility to pursue value-accretive opportunities. Management remains focused on maximizing return on invested capital through prudent capital deployment, operational execution and selective acquisitions, positioning the company to strengthen its competitive advantage while supporting sustainable earnings growth and long-term shareholder returns.

Image Source: Zacks Investment Research

Shares of this Florida-based infrastructure construction company have surged 64% in the past six months, outperforming the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector and the S&P 500 index.

MasTec Stock’s Zacks Rank & Other Key PicksMasTec currently carries a Zacks Rank #2 (Buy).

Here are some other top-ranked stocks from the same sector.

Argan, Inc. (AGX - Free Report) currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Argan delivered a trailing four-quarter earnings surprise of 40.5%, on average. The stock has surged 112.7% in the past six months. The Zacks Consensus Estimate for Argan’s fiscal 2027 sales and EPS indicates growth of 38% and 29.4%, respectively, from a year ago.

Sterling Infrastructure, Inc. (STRL - Free Report) presently sports a Zacks Rank of 1. It has a trailing four-quarter earnings surprise of 29.1%, on average. Shares of Sterling have hiked 118.9% in the past six months.

The Zacks Consensus Estimate for Sterling’s 2026 sales and EPS indicates growth of 59.2% and 75.7%, respectively, from the prior-year levels.

Dycom Industries, Inc. (DY - Free Report) currently sports a Zacks Rank of 1. Dycom delivered a trailing four-quarter earnings surprise of 25%, on average. The stock has gained 22% in the past six months.

The Zacks Consensus Estimate for Dycom’s fiscal 2027 sales and EPS implies an increase of 37.2% and 36.6%, respectively, from a year ago.

Key Takeaways NWL is improving efficiency through automation, supply-chain optimization and cost controls.Newell reported a 70-basis-point gross margin expansion in Q1 2026, supported by productivity and pricing. NWL is strengthening commercial capabilities through organizational realignment and innovation. Newell Brands Inc. (NWL - Free Report) continues to enhance operational efficiency and profitability through its ongoing productivity initiatives. The company is focused on driving productivity gains by expanding automation and implementing disciplined cost-control measures. Its strategy emphasizes optimizing category mix, strengthening revenue-growth management, rationalizing SKUs and enhancing supply-chain performance to improve efficiency and support sustainable growth.

Newell continues to benefit from its productivity initiatives and strategic pricing actions, which have been supporting margin expansion. In the first quarter of 2026, normalized gross margin increased 70 basis points (bps) year over year to 33.2%, as productivity improvements and favorable net pricing more than offset inflationary pressures, tariff costs and lower volumes. Normalized operating margin expanded 30 bps to 4.8%, driven by disciplined cost management despite higher advertising and promotional spending. Management expects 2026 normalized operating margin guidance of 8.6-9.2%.

The company has implemented a corporate strategy that prioritizes investments in innovation, brand-building and go-to-market excellence across its brands and markets. NWL is strengthening its commercial capabilities and improving organizational efficiency. Strategic pricing and productivity actions have successfully mitigated inflation and currency translation impacts, contributing to the company’s performance.

Newell’s organizational realignment is aimed at strengthening its front-end commercial capabilities, deepening consumer insights and reinforcing its brand portfolio. The initiative is expected to enhance accountability, improve operational efficiency, simplify the organizational structure and free up resources for strategic reinvestment.

Overall, the company continues to strengthen its competitive position through consumer-led innovation and disciplined execution of its productivity and simplification initiatives. Newell’s focus on automation, supply-chain optimization, SKU rationalization and strategic pricing is driving efficiency gains, while its organizational transformation is streamlining operations and supporting long-term profitable growth.

NWL’s Price Performance, Valuation and EstimatesShares of Newell have gained 48.9% year to date compared with the industry’s growth of 5.8%.

Image Source: Zacks Investment Research

From a valuation standpoint, NWL trades at a forward price-to-earnings ratio of 9.25X compared with the industry’s average of 18.9X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NWL’s 2026 EPS remains breakeven while that of 2027 indicates year-over-year growth of 11.3%. The company’s EPS estimates for 2026 and 2027 have been stable in the past 30 days.

Image Source: Zacks Investment Research

NWL stock currently carries a Zacks Rank #3 (Hold).

Stocks to Consider in the Consumer Staples SpaceThe Chefs' Warehouse, Inc. (CHEF - Free Report) , which is a distributor of specialty food products in the United States, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Chefs' Warehouse’s current financial-year sales indicates growth of 8.3% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 28.9%, on average.

Nomad Foods Limited (NOMD - Free Report) , which manufactures and distributes frozen foods, currently carries a Zacks Rank #2 (Buy).

The consensus estimate for Nomad Foods’ current financial-year sales is expected to rise 0.5% from the year-ago reported figure. NOMD delivered a trailing four-quarter earnings surprise of 8.6%, on average.

Medifast, Inc. (MED - Free Report) , which is a leading manufacturer and distributor of clinically-proven healthy living products and programs, currently carries a Zacks Rank of 2. MED delivered an average earnings surprise of 65.5% in the last reported quarter.

The Zacks Consensus Estimate for Medifast’s current financial-year sales indicates a decline of 26% from the year-ago number.

Key Takeaways Archer holds diversified cash and short-term investments to support growth and preserve liquidity.ACHR's investment strategy balances capital preservation with funding for certification and expansion.Archer trades at a discount to the industry while maintaining financial flexibility for commercialization. Archer Aviation Inc. (ACHR - Free Report) is strengthening its financial position by actively managing its liquidity through a diversified portfolio of cash equivalents and short-term investments. As of March 31, 2026, the company held $790.2 million in money market funds, $601.3 million in U.S. Treasury securities and $223.5 million in corporate debt securities. Maintaining a substantial portion of liquidity in highly rated, short-term instruments helps preserve capital while ensuring funds remain readily available to support aircraft development, certification and future commercialization.

A disciplined investment strategy provides Archer with greater financial flexibility as it advances its long-term growth plans. By allocating excess liquidity to high-quality marketable securities, the company can earn investment income while maintaining access to capital for operational requirements. This approach supports efficient capital management without compromising the financial resources needed to execute strategic priorities.

The company's investment portfolio complements its broader financial strategy by balancing liquidity, capital preservation and operational readiness. Strong financial flexibility allows Archer to continue funding engineering activities, manufacturing expansion and commercial launch preparations while reducing dependence on external financing during market volatility.

As electric aircraft developers continue investing heavily in commercialization, effective liquidity management remains an important competitive advantage. Archer's disciplined approach to managing its investment portfolio strengthens its ability to support future growth while maintaining financial flexibility.

Companies Managing Strategic Investment PortfoliosAerospace companies continue investing excess liquidity in high-quality, short-term securities to preserve capital and maintain financial flexibility. Companies like Joby Aviation, Inc. (JOBY - Free Report) and Rocket Lab Corporation (RKLB - Free Report) follow similar capital allocation strategies.

Joby Aviation held $850.6 million in money market funds and $1.15 billion in government debt securities as of March 31, 2026, providing financial flexibility for aircraft development, certification and commercialization.

Rocket Lab held $1.10 billion in money market accounts and $65.5 million in U.S. Treasury securities as of March 31, 2026, offering financial flexibility to fund launch services, spacecraft development and future growth.

Earnings Estimates for ACHR StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests a year-over-year decline of 61.90% and growth of 7.51%, respectively.

Image Source: Zacks Investment Research

ACHR Stock Is Trading at a DiscountArcher is trading at a discount relative to the industry, with a trailing 12-month price-to-book of 1.8X compared with the industry average of 6.23X.

Image Source: Zacks Investment Research

ACHR Stock Price PerformanceOver the past three months, ACHR shares have fallen 6.8% compared with the industry’s 1% decline.

Image Source: Zacks Investment Research

ACHR’s Zacks RankArcher currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways ARM's total revenues increased 20% year over year to $1.49 billion in fiscal Q4 2026.Licensing and other revenues surged 29% to $819 million.Royalty revenues grew 11% to $671 million on Armv9 adoption, Arm CSS and expanding data center deployments. Arm Holdings (ARM - Free Report) continues to capitalize on robust demand for its semiconductor intellectual property, with its latest quarterly results highlighting licensing as a key growth engine.

In the fourth quarter of fiscal 2026, total revenues climbed 20% year over year to $1.49 billion. While the royalty business remained a significant contributor, licensing and other revenues once again delivered the strongest growth, underscoring sustained customer demand for ARM’s technology.

The company continues to benefit from rising investments in artificial intelligence, cloud computing, mobile devices and custom silicon. As chipmakers increasingly design specialized processors for AI workloads and high-performance computing, ARM’s architecture has become an essential foundation for product development, supporting a healthy pipeline of new licensing agreements and long-term customer relationships.

Licensing and other revenues surged 29% year over year to $819 million, making it the primary driver of ARM’s top-line expansion during the quarter. Growth was supported by previously signed agreements, as well as the timing of several high-value licensing contracts.

Meanwhile, ARM’s royalty business continued to provide a stable stream of recurring revenues. Royalty revenues increased 11% year over year to $671 million, driven by broader adoption of Armv9, increasing deployment of Arm Compute Subsystems (CSS), and the growing use of Arm-based processors in data center infrastructure.

For investors, the takeaway is straightforward: strong licensing demand continues to strengthen Arm Holdings’ competitive position. As customers accelerate investments in AI infrastructure and next-generation computing, ARM appears well-positioned to benefit from a growing pipeline of licensing opportunities while simultaneously expanding its high-margin royalty base, providing multiple long-term drivers of sustainable growth.

How Arm Holdings Stacks Up Against Key U.S. PeersNVIDIA (NVDA - Free Report) dominates the AI accelerator market with its GPUs and networking platforms. Unlike Arm Holdings, which primarily generates revenue through licensing and royalties, NVIDIA designs and sells complete hardware and software solutions. While NVIDIA's growth is driven by direct chip sales, ARM benefits as more semiconductor companies adopt its CPU architecture to develop AI-optimized processors, making the two companies complementary in many AI deployments rather than direct competitors.

Advanced Micro Devices (AMD - Free Report) competes in CPUs, GPUs and data center processors, focusing on designing and selling semiconductor products. ARM, in contrast, licenses its processor architecture to a broad ecosystem of chipmakers. As demand for custom AI chips and energy-efficient computing grows, AMD competes through product innovation, while ARM benefits from broader adoption of its intellectual property across multiple customers and end markets.

ARM’s Price Performance, Valuation and EstimatesThe stock has surged a massive 175% year to date, significantly underperforming the industry’s 46% rally.

                                                         Image Source: Zacks Investment Research

From a valuation standpoint, ARM trades at a forward price-to-sales ratio of 49.11X, well above the industry’s 9.13X. It carries a Value Score of F.

                                                              Image Source: Zacks Investment Research

The Zacks Consensus Estimate for the company’s fiscal 2027 earnings has declined over the past 30 days.

                                                                   Image Source: Zacks Investment Research

ARM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Investors interested in Medical Services stocks are likely familiar with GoodRx Holdings, Inc. (GDRX) and HealthEquity (HQY). But which of these two stocks offers value investors a better bang for their buck right now?

Quick Overview Intel shares plunged 9.66% Tuesday, settling at $110.39 Year-to-date performance remains exceptional at +286%, with July gains at 21.7% HSBC leads Wall Street with $200 price target; BofA projects $160 Second quarter 2026 results scheduled for July 23, with revenue outlook of $13.8B–$14.8B Previous quarter saw Intel surpass EPS forecasts by $0.28, delivering $0.29 versus $0.01 consensus Intel Corp. (INTC) experienced a sharp 9.66% decline Tuesday, settling at $110.39, as market participants capitalized on recent gains following an unprecedented rally. The absence of new catalysts Tuesday prompted widespread profit-taking activity.

Intel Corp., INTC

The selloff follows an extraordinary 286% climb year-to-date, fueled primarily by surging demand for AI-focused semiconductor products. Despite Tuesday’s correction, INTC maintains a robust 21.7% advance for July.

Analyst outlook continues to skew optimistic despite the downturn. HSBC established Wall Street’s highest price objective at $200, doubling its prior $100 forecast, highlighting AI server processors and foundry operations as primary growth catalysts.

Bank of America similarly elevated its price target by 18.5%, advancing from $135 to $160, while maintaining its buy recommendation. New Street Research contributed a 22% increase, lifting its forecast from $100 to $122.

However, bearish voices persist. JPMorgan maintains an underweight stance with a $45 projection, while consensus analyst estimates average $96.69 with a “Hold” rating — significantly beneath current trading levels.

Second Quarter Results Set for July 23 Release Market attention now pivots to July 23, when Intel unveils Q2 2026 financial results. Management projects revenue spanning $13.8 billion to $14.8 billion, representing year-over-year expansion of 7% to 14.7% compared to Q2 2025’s $12.9 billion.

Diluted EPS guidance stands at $0.08, marking a dramatic reversal from the $0.67 loss recorded in the comparable year-ago period.

Previous quarter results saw Intel decisively exceed projections — posting $0.29 EPS versus consensus expectations of merely $0.01. Revenue reached $13.58 billion, surpassing analyst forecasts of $12.32 billion by more than $1.2 billion.

Institutional Ownership Shows Mixed Signals Institutional positioning reveals divergent strategies. Jericho Financial LLP reduced its Intel stake by 12.3% during Q1, liquidating 14,755 shares and retaining 105,013 shares worth approximately $4.63 million.

Conversely, several firms expanded exposure. Resonant Capital Advisors increased its holdings by 33.4%, while Flatrock Wealth Partners and Horst & Graben Wealth Management established fresh positions throughout Q1. Institutional ownership currently represents 64.53% of outstanding shares.

Regarding insider transactions, EVP April Miller Boise divested 40,256 shares May 1 at an average $99.53, totaling approximately $4 million — representing a 27.7% stake reduction.

Intel’s 50-day moving average rests at $117.30, above current pricing, while the 200-day moving average stands at $72.32. The stock’s 52-week trading range spans $18.97 to $142.35.

Market capitalization presently totals $554.82 billion, featuring a debt-to-equity ratio of 0.34 and current ratio of 2.31.

HSBC’s Wall Street-leading $200 target represents the most bullish Street forecast, with the firm citing enhanced 18A manufacturing yields and accelerating foundry traction as factors supporting further upside potential.

Key Takeaways Alibaba’s American Depositary Receipts climbed 11% in premarket sessions on Wednesday, reaching $109.38 A pre-earnings analyst briefing revealed that the company’s instant-commerce division is experiencing reduced losses Hong Kong’s Hang Seng Tech Index surged approximately 5%, while Tencent and JD.com both gained around 4% South Korea’s KOSPI tumbled 5.4% as capital flowed away from semiconductor stocks including Micron and SK Hynix Nasdaq 100 futures declined 1.1% amid concerns over deteriorating U.S.-Iran cease-fire conditions Alibaba’s American Depositary Receipts rocketed 11% to $109.38 during Wednesday’s premarket session, representing the stock’s most significant single-session rally in Hong Kong trading since September.

Alibaba Group Holding Limited, BABA

The driving force behind this surge was an analyst briefing conducted ahead of the company’s official earnings release. According to Chinese media outlet Jiemian News, Alibaba informed analysts that its rapidly expanding instant-commerce segment experienced narrowing losses during the June quarter, while the company maintained stable profitability across its operations. Market participants responded enthusiastically to these developments.

Shares traded in Hong Kong jumped as much as 12.5% during peak trading, positioning the stock among the strongest performers on the Hang Seng Tech Index, which rallied approximately 5%.

This wasn’t an isolated Alibaba phenomenon. JD.com climbed 3.8%, Baidu advanced 6.4%, and Tencent posted gains of nearly 4%. Chinese technology giants, which had underperformed throughout much of 2026, suddenly recaptured investor interest.

Capital Reallocation Dynamics The larger narrative involves a meaningful shift in capital allocation patterns. Throughout recent months, artificial intelligence investment themes concentrated heavily on semiconductor manufacturers — especially South Korean companies like SK Hynix and American giant Micron. These equities fueled substantial gains in Korea’s KOSPI index and Taiwanese markets.

Wednesday reversed that trend dramatically. The KOSPI plunged as much as 5.4% as capital rotated away from chip-heavy markets. Micron declined 4.7%, while SK Hynix dropped 5.7%.

Market participants appear to be seeking more attractive valuations within the AI investment theme. Chinese internet companies, which had tumbled into bear market territory in Hong Kong, present lower price-to-earnings multiples compared to their elevated U.S. and Korean peers.

Contributing to the optimistic sentiment surrounding Chinese AI capabilities: Reuters disclosed that DeepSeek is developing proprietary chip technology to support AI infrastructure. The Information separately reported that Zhipu is evaluating the design of its own AI processors — indications that China’s artificial intelligence sector is advancing into hardware development.

American Technology Sector Faces Headwinds While Chinese technology stocks attracted buying interest, American markets indicated weakness. Nasdaq 100 futures fell 1.1% after President Trump suggested the cease-fire arrangement between the United States and Iran may be unraveling. Rising oil prices unsettled investors across multiple sectors.

Alibaba’s ADRs had experienced significant pressure throughout 2026, declining 33% year-to-date prior to Wednesday’s rally. The weakness stemmed from investor anxiety regarding the company’s substantial expenditures on artificial intelligence infrastructure, including its Qwen large-language model, which management has positioned as a competitor to ChatGPT.

A Barron’s analysis published Monday contended that Chinese AI enterprises are strategically positioned to compete effectively, highlighting the comparatively low pricing of their chatbot services relative to offerings from OpenAI, Anthropic, and Alphabet.

Alibaba is scheduled to release comprehensive earnings results within the coming days. Wednesday’s preliminary briefing indicated that financial results, particularly regarding profitability metrics, may exceed conservative expectations.

The Hang Seng Tech Index had previously entered bear market territory earlier this year due to declining confidence in Chinese e-commerce operations and apprehensions about China’s macroeconomic conditions.

TLDR Exxon Mobil shares gained approximately 3% during Wednesday’s pre-market session following the company’s projection of a roughly $5 billion second-quarter earnings increase Escalating tensions from the U.S.-Iran conflict drove Brent crude to a Q2 average of $96.68 per barrel, representing a 23% sequential increase The company anticipates upstream profit gains of roughly $1.6B alongside refining earnings improvements of approximately $2.6B, though partially mitigated by nearly $1B in conflict-related operational losses Following President Trump’s announcement at the NATO Summit that the Iran ceasefire has ended, oil prices jumped higher, propelling ConocoPhillips up 3.6% and Chevron up 2.7% Analyst consensus forecasts Q2 EPS at $3.63 versus $1.64 in the prior-year period; the stock holds a Moderate Buy rating with an average analyst price target of $172.78 Shares of Exxon Mobil (XOM) advanced approximately 3% in Wednesday’s pre-market hours following the energy giant’s regulatory filing that indicated substantial second-quarter profit growth.

Exxon Mobil Corporation, XOM

The disclosure revealed an anticipated earnings increase of approximately $5 billion relative to the first quarter, propelled by elevated crude oil prices stemming from the U.S.-Israeli military engagement with Iran and strengthening refining profitability.

During the three-month period ending in June, Brent crude oil averaged $96.68 per barrel, marking a 23% climb from the previous quarter. In April, prices peaked at $109.27 per barrel — the highest level witnessed since 2022.

The company’s upstream operations are projected to deliver a profit enhancement of roughly $1.6 billion based on midpoint guidance, while its refining division is expected to contribute an additional ~$2.6 billion stemming from timing impacts related to derivative contract positions.

Additionally, Exxon anticipates recognizing nearly $2.6 billion in earnings from derivative instruments linked to physical hydrocarbon deliveries — a dramatic turnaround from the multi-billion dollar loss the company absorbed during Q1 from comparable hedging strategies.

What’s Driving the Oil Price Surge The Middle Eastern military confrontation, which commenced in February, effectively paralyzed operations through the Strait of Hormuz for extended periods. This critical maritime passage handles approximately one-fifth of worldwide oil transportation, and its disruption introduced significant geopolitical risk into energy markets.

On Wednesday, oil prices experienced another sharp rally after President Trump declared at the NATO Summit that the ceasefire agreement with Iran has concluded. This announcement immediately impacted the entire energy sector.

Competing oil majors experienced similar momentum. ConocoPhillips shares climbed 4.69% while Chevron advanced 3.52% during concurrent pre-market trading.

Conflict-related operational interruptions are projected to reduce Exxon’s combined upstream and downstream performance by approximately $1 billion during the quarter — a notable headwind, though substantially overshadowed by favorable pricing dynamics.

What Analysts Expect Wall Street consensus projections call for Q2 adjusted earnings of $15.7 billion, approximately triple the first-quarter figure, according to LSEG data. Earnings per share are anticipated at $3.63, representing an increase from $1.64 during the comparable quarter last year.

Exxon presently holds a Moderate Buy consensus rating among Wall Street analysts, supported by 14 Buy recommendations and 5 Hold ratings.

The consensus price target stands at $172.78, suggesting approximately 22% potential upside from current trading levels. Year-to-date, the stock has already appreciated 19%.

These substantial profit projections may attract political scrutiny. President Trump has consistently urged energy companies to increase efforts toward reducing gasoline costs for American households.

British energy major Shell similarly highlighted strong Q2 trading performance on Tuesday, attributing gains to elevated oil prices — though market observers noted these benefits could diminish if Middle Eastern tensions subside.

Exxon is scheduled to release complete second-quarter financial results on July 31.

Key Highlights Evercore ISI lifted OXY from Underperform to Outperform, increasing the price target from $58 to $65. Brent crude jumped 6% to reach $78.50 per barrel following U.S. military action against Iran. President Trump announced the U.S.-Iran peace framework was “over” before a NATO gathering. OXY shares gained approximately 3.8% in pre-market hours as broader indices declined. Evercore projects approximately 8% yearly free cash flow per share expansion until 2030. Occidental Petroleum (OXY) delivered a robust performance Wednesday morning, gaining close to 3.8% during pre-market hours. The rally stemmed from two catalysts: a significant rating upgrade from Evercore ISI and a substantial jump in global crude prices.

Occidental Petroleum Corporation, OXY

Evercore made a dramatic shift in its stance on OXY, elevating the rating from Underperform directly to Outperform—a notable two-level jump. The firm simultaneously lifted its price objective from $58 to $65. Analysts cited reduced debt levels and improved capital allocation efficiency as primary drivers for the revised outlook.

The shares had declined approximately 15% during the preceding month, creating more appealing entry points for investors ahead of this rebound. Wells Fargo maintained its Buy recommendation on OXY earlier this month as well.

Trading at $52.88 in pre-market activity, OXY stood roughly 1.6% above its 20-day moving average, though remaining beneath both the 50-day and 100-day moving averages. The relative strength index registered 45.33.

Critical resistance levels appear around $61, while support holds near $52.50, aligned with the 20-day simple moving average.

Brent Crude Rallies on Middle East Military Action Brent crude spiked 6% to reach $78.50 per barrel on Wednesday, based on Trading Economics data. The rally followed U.S. Central Command’s announcement of military strikes targeting Iran, justified by attacks on commercial vessels in international shipping lanes.

President Trump, addressing reporters in Ankara before a NATO gathering, declared the memorandum of understanding with Iran was “over.” This statement effectively terminated the temporary ceasefire arrangement between the nations.

University of Michigan economist Justin Wolfers offered a straightforward assessment on X: “Trouble in Iran = Turmoil in global energy markets = Expect higher gas prices to follow.”

OXY demonstrates greater sensitivity to crude price fluctuations compared to many industry competitors, making Wednesday’s oil market surge a significant positive catalyst for the shares.

Evercore’s Extended Timeline Outlook for OXY Evercore’s rating change extended beyond immediate oil price dynamics. The investment firm presented a multi-year investment case, projecting free cash flow per share expansion of roughly 8% annually through 2030. This forecast assumes West Texas Intermediate crude maintains $75 per barrel pricing and production volumes remain relatively stable.

The 8% growth projection does fall short of the approximately 20% compound annual growth Evercore anticipates for competitors including Chevron (CVX), ConocoPhillips (COP), EOG Resources (EOG), and Diamondback Energy (FANG). However, Evercore contends that OXY’s reduced drilling expenses and slower base production decay diminish its maintenance capital requirements, supporting enhanced cash generation over extended periods.

The firm additionally anticipates OXY will resume share buyback programs during the latter half of 2028.

Meanwhile, broader equity markets moved in the opposite trajectory. The S&P 500 declined 0.5%, the Dow retreated 0.3%, and the Nasdaq tumbled 1.2% as geopolitical uncertainties pressured investor sentiment. Nasdaq futures dropped 1.32% while S&P 500 futures fell 0.89%.

Analysts maintain projections for year-over-year earnings improvement at OXY for the ongoing quarter.

RL's 36% rally reflects strong brand momentum, DTC gains and Asia growth, but premium valuation and macro risks may favor patience.

New York, New York--(Newsfile Corp. - July 8, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Helen of Troy Limited (NASDAQ: HELE) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Helen of Troy securities between April 24, 2024 and October 8, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/HELE.

Helen of Troy Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Helen of Troy overstated the success and benefits of its Project Pegasus initiative, touting the "fuel" it was generating while downplaying issues such as "implementation hiccups" at its Tennessee distribution center and assuring investors that the project was progressing and delivering cost-saving efficiencies; in reality, Project Pegasus was not delivering the efficiencies Defendants claimed, as the Company lacked sufficient resources and budget to achieve its stated restructuring and cost-savings goals; and as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.What's Next for Helen of Troy Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/HELE, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Helen of Troy you have until August 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Helen of Troy Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Helen of Troy Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300150

Source: Bronstein, Gewirtz & Grossman, LLC

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

Contact Us

Key Takeaways URBN's Nuuly revenues rose 34.5% in Q1 fiscal 2027, driven by continued subscriber growth.Nuuly added about 110,000 subscribers year over year, nearing 500,000 active subscribers.URBN's Nuuly posted a $10M operating profit with a 6% operating margin as scale improved profitability. Urban Outfitters Inc. (URBN - Free Report) Nuuly subscription business continues to stand out as one of the company’s fastest-growing segments, reinforcing the value of its diversified operating model. During the first quarter of fiscal 2027, Nuuly generated $167.3 million in revenues, representing a 34.5% year-over-year increase. The performance was primarily driven by continued growth in subscribers, highlighting rising consumer acceptance of apparel rental as a complementary alternative to traditional retail.

Subscriber expansion remained the key growth catalyst. Average active subscribers increased 33% year over year, adding roughly 110,000 subscribers versus the prior-year period. Management noted that the platform is now approaching 500,000 active subscribers, reflecting sustained demand and effective customer acquisition efforts. Healthy retention rates, combined with targeted marketing campaigns, continue to support consistent subscriber growth and strengthen customer engagement.

Nuuly's financial performance also demonstrated improving operating efficiency. The business generated $10 million in operating profit, translating into a 6% operating margin during the quarter. Operating leverage from the expanding subscriber base more than offset continued investments in marketing, underscoring the platform's ability to scale profitably while maintaining a disciplined approach to long-term growth.

Profitability also continued to improve as Nuuly scaled its operations. Subscription segment gross profit increased 39%, while the gross margin expanded by 85 basis points to 28.7%. Higher sales, supported by a growing subscriber base, helped drive stronger unit economics and demonstrated the business's ability to generate increasing profitability alongside rapid revenue growth.

Management remains focused on expanding Nuuly while improving profitability. The company believes its ability to grow subscribers alongside stronger operating economics highlights the scalability of the business and reinforces confidence in its significant long-term growth potential. Our model estimates that the net sales of the Nuuly segment will increase 20% year over year in fiscal 2027.

URBN’s Price Performance, Valuation & EstimatesShares of Urban Outfitters have lost 0.7% over the past three months compared with the industry’s 2.7% decline.

Image Source: Zacks Investment Research

From a valuation standpoint, URBN trades at a trailing price-to-sales ratio of 0.96X, below the industry’s average of 1.48X. It has a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Urban Outfitters’ fiscal 2027 earnings implies year-over-year growth of 12.7%, while the same for fiscal 2028 indicates an uptick of 10.2%. Estimates for fiscal 2027 and 2028 have been revised upward by 5 cents and 7 cents, respectively, over the past seven days.

Image Source: Zacks Investment Research

URBN currently sports a Zacks Rank #1 (Strong Buy).

Other Key Picks in RetailGenesco Inc. (GCO - Free Report) is a Nashville-based specialty retail and branded company. It sells footwear and accessories in retail stores. The company flaunts a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates growth of 55.2% from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.

Designer Brands Inc. (DBI - Free Report) designs, produces and retails footwear and accessories. It offers shoes, boots, sandals, sneakers, socks, handbags and accessories. It currently carries a Zacks Rank #2 (Buy).

The Zacks Consensus Estimate for Designer Brands’ current fiscal-year earnings and sales suggests growth of 137.5% and 0.5%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 112.8%.

Tapestry, Inc. (TPR - Free Report) is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company sports a Zacks Rank #2 at present.

The Zacks Consensus Estimate for Tapestry’s current fiscal-year earnings and sales indicates growth of 36.3% and 13.8%, respectively, from the year-ago actuals. TPR delivered a trailing four-quarter average earnings surprise of 15.6%.

J&J Snack Foods remains a 'hold' as cost-cutting and growth initiatives are offset by ongoing sales softness and market headwinds. Recent plant closures under Project Apollo have intentionally reduced capacity, with management prioritizing long-term cost savings over near-term revenue growth. Adjusted net income and cash flow have improved despite headline declines, with EBITDA rising from $26.2M to $28.7M in Q2 2026.

Marex Group PLC (MRX - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Marex Group PLC basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Marex Group PLC, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Marex Group PLCFor the fiscal year ending December 2026, this company is expected to earn $5.35 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Marex Group PLC. Over the past three months, the Zacks Consensus Estimate for the company has increased 4.1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Marex Group PLC to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Key Takeaways UCTT is benefiting from AI-driven WFE spending across logic, memory and advanced packaging.UCTT's footprint supports nearly $3B in annual revenue and can scale to $4B with modest capital.UCTT's UCT 3.0 strategy expands engineering reach and aligns with customer technology roadmaps. Ultra Clean Holdings (UCTT - Free Report) appears well-positioned to benefit from rising wafer fabrication equipment (WFE) spending as AI-driven semiconductor investments continue to accelerate. UCTT supplies critical subsystems, gas and chemical delivery systems, process modules and ultra-high purity cleaning services that support semiconductor manufacturing, providing broad exposure to expanding AI infrastructure buildouts.

The strongest opportunity stems from rising investments in leading-edge foundry logic, high-bandwidth memory and advanced packaging as hyperscalers expand AI data center capacity. Increasing process complexity is driving greater equipment intensity, particularly in deposition and etch applications, where UCTT has meaningful exposure through its precision subsystems and modules. Improving fab construction visibility and customer capacity planning continues to support expectations for a multiyear semiconductor investment cycle. Revenues increased 2.9% year over year to $533.7 million in the first quarter of 2026, supported by a favorable product mix and higher factory utilization.

Ultra Clean is strengthening its competitive position through its UCT 3.0 strategy, which emphasizes ramp readiness, regional engineering centers, digital transformation and faster new product introduction cycles aligned with customer technology roadmaps. Centres of excellence across the United States, Europe and Asia position engineering resources closer to customer operations, supporting future market share opportunities as WFE investment broadens beyond leading-edge logic into memory and advanced packaging. The global footprint supports nearly $3 billion in annual revenues and can scale to $4 billion with modest incremental capital investment, providing headroom for higher WFE-linked demand.

The Zacks Consensus Estimate for 2026 revenues is pegged at $2.53 billion, up 22.9% year over year, suggesting Ultra Clean should benefit from a prolonged AI-driven WFE upcycle.

UCTT Faces Stiff CompetitionUCTT faces competition from Ichor Holdings (ICHR - Free Report) and Entegris (ENTG - Free Report) , both direct beneficiaries of rising WFE spending. Ichor Holdings supplies fluid delivery subsystems used in semiconductor capital equipment, while Entegris provides advanced materials and contamination control solutions essential to wafer fabrication. As AI-driven WFE investments accelerate, both Ichor Holdings and Entegris are positioned to compete with UCTT across overlapping semiconductor manufacturing applications.

UCTT’s Price Performance, Valuation & EstimatesShares of UCTT have surged 258.4% in the year-to-date period against the Zacks Electronics - Manufacturing Machinery industry’s increase of 142%.

UCTT’s YTD Price Return Performance
Image Source: Zacks Investment Research

UCTT shares are trading at a forward 12-month price/sales of 1.42X compared with the broader Zacks Computer and Technolgy sector’s 6.97X.

UCTT’s Forward 12 Months (P/S) Valuation
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Ultra Clean’s 2026 EPS is pegged at $2.46 per share, up 11 cents over the past 30 days, indicating year-over-year growth of 134.3%.

Currently, Ultra Clean sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Pound Sterling (GBP) posts modest gains during the North American session on Wednesday amid growing tensions in the Middle East, as US President Donald Trump's said the deal with Iran was “over” after both countries exchanged attacks over the last couple of days. At the time of writing, the GBP/USD pair trades at 1.3371, up 0.09%. Read More...

British Pound slumps against US Dollar as risky assets turn fragileThe British Pound (GBP) is down 0.13% to near 1.3340 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair faces selling pressure as renewed geopolitical risks have diminished the appeal of riskier assets. Read More...

British Pound declines to near 1.3350 as US launches strikes on IranThe GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran. The Federal Reserve’s (Fed) June meeting minutes will be published later on Wednesday. Read More...

Key Points:EUR/USD pulled back as traders reacted to the strong rally in the oil markets. USD/CAD moved lower despite the pullback in precious metals markets. USD/JPY gained ground, supported by rising Treasury yields.

PREMIUM

Read what the experts are trading this weekExclusive analysis from FXEmpire top analysts — curated insights you won't find on the free site.

In-depth analysis

Curated reports

Top analysts

Unlock Premium

U.S. Dollar Moves Higher As Oil Prices Gain 5%

DXY 080726 4h Chart U.S. Dollar Index gains ground as traders prepare for the release of FOMC Minites and react to rising tensions in the Middle East.

President Trump said that U.S. could launch strikes against Iran and resume the blockade of country’s ports. Oil prices are up by more than 5% as traders react to the surprising escalation between U.S. and Iran. Rising oil prices could force Fed to be more hawkish, which is bullish for the American currency.

Currently, U.S. Dollar Index is trying to settle above the resistance at 101.15 – 101.30. In case this attempt is successful, U.S. Dollar Index will head towards the next resistance level, which is located in the 101.80 – 101.95 range. RSI is in the moderate territory, so there is plenty of room to gain momentum in the near term.

EUR/USD Retreats Amid Worries About Hawkish Fed EUR/USD 080726 4h Chart EUR/USD is losing ground as traders focus on the strong rally in the oil markets. Demand for risk assets declined amid inflation fears, which was bearish for the European currency.

EUR/USD settled below the 50 MA at 1.1414 and is trying to settle below the 1.1400 level. If EUR/USD settles below 1.1400, it will head towards the support level, which is located in the 1.1350 – 1.1365 range.

GBP/USD Rebounds From Session Lows GBP/USD 080726 4h Chart GBP/USD is swinging between gains and losses as traders focus on geopolitical tensions and evaluate their next moves.

In case GBP/USD manages to settle above the support level at 1.3335 – 1.3350, it will head towards the next resistance, which is located in the 1.3450 – 1.3465 range.

USD/CAD 080726 4h Chart USD/CAD is losing some ground despite the strong pullback in precious metals markets. Gold is down by -1.5%, while silver pulled back by -4%. Other commodity-related currencies are mixed in today’s trading session.

In case USD/CAD stays below the 50 MA at 1.4203, it will head towards the nearest support level, which is located in the 1.4125 – 1.4140.

On the upside, a move above the 50 MA will push USD/CAD towards the resistance at 1.4225 – 1.4240. In case USD/CAD climbs above the 1.4240 level, it will head towards the next resistance, which is located in the 1.4335 – 1.4350 range.

USD/JPY Gains Ground As Treasury Yields Rise USD/JPY 080726 4h Chart USD/JPY is moving higher as traders focus on rising Treasury yields. The yield of 2-year Treasuries moved above the 4.23% level, while the yield of 10-year Treasuries settled above 4.58%. Treasury yields are rising as traders react to recent developments in the Middle East and bet on hawkish Fed. In case oil prices continue to move higher, the Japanese yen will find itself under additional pressure.

From the technical point of view, USD/JPY settled above the resistance at 161.50 – 162.00 and is moving towards multi-decade highs near 162.80. In case USD/JPY settles above the 162.80 level, it will head towards the 165.00 level. It remains to be seen whether the Bank of Japan is ready to intervene as yen’s fundamentals are extremely bearish. Previous attempts to support the yen yielded no results.

If you’d like to know more about how to trade forex, please visit our educational area.

Related Articles

Middle East Conflict Drives Safe-Haven Flows to US DollarDollar Rallies as Middle East Tensions Spike YieldsUS Dollar Price Forecast: DXY Nears $101 Ahead of FOMC Meeting Minutes — Can GBP/USD and EUR/USD Recover?About the Author

Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.

First-of-its-kind system combines flight display, IFR GPS, NAV/COMM and audio panel capability into a single display for certified, experimental and LSA (MOSAIC) aircraft

, /PRNewswire/ -- Garmin (NYSE: GRMN) today announced AXIS™, an all-new family of flight displays, designed from the ground up to offer a highly integrated and flexible cockpit display solution. AXIS brings Garmin's latest avionics technology to certified piston-powered single and twin1 engine aircraft via an expansive AML STC covering hundreds of models, as well as experimental and LSA aircraft. In an industry-first, AXIS flight displays come in a variety of models that can include a built-in IFR GPS, NAV/COMM radio, and audio panel capability – creating an integrated solution that enhances the user experience, reduces aircraft weight, and simplifies installation. Also compatible with many of the same navigators, radios, modules and sensors as Garmin's popular G3X Touch™ flight displays, AXIS features an easy upgrade path, including leveraging the same panel cutouts and mounting points.

Garmin unveils AXIS, a new generation of highly integrated flight displays "AXIS redefines Garmin's flight display portfolio and brings industry-first capability to a single flight display. This game-changing flight display system delivers a modern, highly capable cockpit experience while significantly reducing time, complexity and cost of installation through integration of navigation, communication and audio functions into a single flight display. The visual design elements and crisp user interface bring together decades of Garmin innovation in a familiar yet modern design. AXIS sets the new standard for what pilots can expect from an integrated flight display system." 
–Carl Wolf, Garmin Vice President Aviation Sales, Marketing, Programs & Support 

A next-level flight display system

The AXIS family of flight displays features three display sizes — 11.6-inch landscape, 8-inch portrait1 and 8-inch landscape1— that include highly responsive touchscreen displays as well as physical controls for quick access to key functions. Each display can be configured as a primary flight display (PFD) or multi-function display (MFD) with an optional engine indication system (EIS). Pilots can maximize their situational awareness with full-screen or split-screen options, leveraging a familiar yet modernized user interface. The flight displays are configurable for both experimental and certified aircraft and provide incredible flexibility for installation across many aircraft types.

First-of-its-kind integration

AXIS 11.6-inch displays are optionally available with a TSO certified IFR GPS, COMM radio, NAV radio and audio panel all built into a single display. This combined capability from a single display creates a highly integrated panel experience and enables a simpler and more cost-effective installation. The VHF COMM radio offers 10 watts of transmit power, supports 8.33khz frequency tuning and standby COMM monitoring, allowing pilots to monitor a standby frequency while tuned to the active ATC frequency. Pilots can access the flight plan across displays and easily load waypoints or VORs, holds, GPS and ILS procedures and more. The built-in 4-place intercom audio panel includes dual-comm switching with support for one external radio, comm playback and Bluetooth capability for music and phone calls. Available in three certified (TSO) variants, the base version offers a PFD/MFD, while the GPS/COMM and GPS/NAV/COMM models include an IFR GPS and integrated audio panel. Experimental and LSA aircraft can leverage both certified and non-TSO versions of the 11.6-inch displays.

Enhanced situational awareness

Important information is easily accessible on the PFD including primary flight data, as well as the horizontal situation indicator (HSI) which can include an embedded map or traffic view. Widgets provide additional situational awareness on the PFD by displaying three compact views of MFD functions including map, flight plan, weather, traffic and more. Enhanced Synthetic Vision Technology (SVT™) provides 3D depictions of terrain, obstacles, runway and taxiway markings and more, allowing for pilots to clearly interpret their surroundings. Pathway rectangles will help pilots to visualize the highway in the sky, depicting their flight path including enroute legs, flight track, course intercepts and more. Additionally, 3D SafeTaxi® provides pilots with a three-dimensional, exocentric view of the airport environment directly on their PFD, reducing potential confusion by giving a clear, localized picture of taxiways, runways, hangars and surrounding buildings.

The MFD features dynamic mapping, ADS-B traffic2, weather2, waypoint information (including terminal charts) and expanded EIS. Additionally, an HDMI video input on each display allows for live-camera video monitoring.

Innovative safety tools

AXIS supports many of Garmin's award-winning safety enhancing technologies. A dedicated emergency button is located on the display bezel, allowing pilots to quickly access emergency procedure options if needed. Smart Glide™ – a Garmin Autonomí™ technology – helps pilots in loss of engine power emergencies by efficiently navigating to an airport in range and, if the aircraft is equipped with either a GFC™ 500 or GFC 600, the system can auto-engage to fly the aircraft enroute.

Terminal safety solutions include award-winning Runway Occupancy Awareness (ROA), a solution that uses ADS-B traffic to alert the crew of potential runway incursions caused by nearby airborne aircraft, taxiing aircraft and ground vehicles. Additionally, optional SurfaceWatch™ runway monitoring technology provides general situational awareness in airport environments as well as visual and aural cues to help prevent pilots from taking off or landing on a taxiway.

Advanced engine monitoring

The EIS within AXIS provides aircraft with real-time data to help better manage engine operation and protect aircraft engines. Large, prominent engine gauges provide color-coded pointers and data bands that indicate normal operating ranges, cautions and exceedances. Bar gauges display numerical values for additional precision. With an interface adapter and sensors, AXIS can serve as the primary EIS display in piston-powered aircraft equipped with most normally aspirated or turbocharged 4- to 6-cylinder engines, plus radial and turbine-powered experimental aircraft3. Upon landing, flight and engine data logs can be automatically uploaded to flyGarmin.com via the Garmin Pilot™ app or the GDL® 60 datalink1 and PlaneSync™ service. Pilots can optionally choose to share these logs with analysis services such as FlySto or SavvyAviation to gain deeper insights on engine health, maintenance updates, flight analysis and more.

Stay connected

Advanced connectivity options allow pilots to stay more connected than ever before. Built-in Wi-Fi and Bluetooth allow pilots to connect with Garmin Pilot in-flight as well as share GPS, traffic, weather, flight plans and more. PlaneSync, powered by the GDL 60 datalink1, will support automatic database downloads3, remote aircraft status4 as well as automatic flight log uploading. A built-in USB-C data port supports data transfer capabilities like downloading databases and offloading flight logs. The USB-C port will also support device charging up to 27W. Additionally, Database Concierge allows pilots to download updates to their Garmin Pilot app and wirelessly transfer to their compatible avionics via a compatible mobile device.

Team X simplifies installations

Team X – the experimental aircraft specialists at Garmin – were the voice for experimental builders and pilots throughout the development of AXIS. Composed of engineers, pilots and aircraft builders, they understand the flexibility and affordability needed to execute an experimental aircraft build. That's why AXIS features a streamlined, easy upgrade path from G3X Touch that utilizes most existing sensors, LRUs and even the same panel cutout and existing mounting holes. Simplified wiring, configuration and additional built-in I/O makes AXIS an even faster and more scalable system. Team X is committed to providing support throughout AXIS upgrades for experimental aircraft builders.

Available for certified and experimental aircraft

The AXIS 11.6-inch flight displays have achieved FAA/EASA Technical Standard Order (TSO) and will be available in July. The 8-inch displays are expected to be available in early 2027. The FAA Supplemental Type Certificate (STC) will cover hundreds of models of certified Part 23 Class I/II piston singles and twins1. STC approvals with other civil aviation authorities are expected in the near future. For more information, visit Garmin.com/AXIS.

Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Recipient of the prestigious Robert J. Collier Trophy for Garmin Autoland, Garmin developed the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention. Visit the Garmin Newsroom, email our media team, connect with @garminaviation on social, or follow our blog.

1 Certified Twin EIS, 8-inch displays and GFC 600 compatibility coming soon.
2 Compatible datalink required; sold separately.
3 Active PlaneSync and database subscriptions required for automatic database updates. Active PlaneSync subscription plan required for flight log uploading. Features are available on-ground only and requires GDL 60 to have active LTE or Wi-Fi connectivity; signal strength and other factors may apply. See Garmin.com/PlaneSyncCoverage for LTE coverage details.
4 Remote aircraft status requires active PlaneSync subscription. User's smart device must have internet connectivity. Feature is available on-ground only and requires GDL 60 to have LTE connectivity; signal strength and other factors may apply. See Garmin.com/PlaneSyncCoverage for coverage details.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, SafeTaxi and GDL are registered trademarks and AXIS, G3X Touch, SVT, Smart Glide, Autonomí, GFC, SurfaceWatch, Garmin Pilot and PlaneSync are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Media Contact: Mikayla Rudolph // 913-397-8200 // [email protected]

SOURCE Garmin International, Inc.

Key Takeaways NVTS is targeting 800V AI power systems with new GaN and SiC products for AI power systems.NVTS launched new GaN and SiC products, with multiple AI projects advancing toward commercial production.NVTS' AI infrastructure revenues rose 50% sequentially as high-power markets drove first-quarter growth. Navitas Semiconductor (NVTS - Free Report) is positioning itself to benefit from the growing shift toward 800-volt (800V) power architecture in AI data centers. As AI workloads become more power-intensive, hyperscalers are moving to higher-voltage power systems to improve efficiency and support higher power levels. This shift is expected to increase the demand for NVTS' gallium nitride (GaN) and silicon carbide (SiC) power chips and create a significant growth opportunity for the company's high-power business.

The move to 800V power systems increases the amount of GaN and SiC content used in each AI system. Management expects power supply units to increase from about 5-10 kilowatts to 18.5 kilowatts for NVIDIA systems and up to 25-30 kilowatts for other hyperscalers. As power levels increase, Navitas expects the amount of SiC content per rack to increase by about 2.5 times. GaN demand is expected to rise as more power conversion moves inside AI racks, where higher efficiency and faster switching are needed. These factors create a larger revenue opportunity per AI system for NVTS.

To support this opportunity, Navitas has launched new GaN and SiC products for AI power systems. During the first quarter of 2026, the company launched a 20-kilowatt 800V-to-6V GaN platform for AI data centers and introduced new Gen 5 SiC products for AI power supplies. The above-mentioned products are being tested by OEMs and power supply vendors, and several projects have moved from device-level testing to board-level testing, bringing them closer to commercial production.

The AI opportunity is already supporting the company's business. Revenues in the first quarter increased 18% sequentially, driven by growth in high-power markets. Further, AI infrastructure revenues grew 50% sequentially, and the company expects this business to continue growing through 2026. As more AI data centers adopt 800V power systems, Navitas is well-positioned to benefit from higher chip content and increasing demand for its power semiconductor products.

How Competitors Fare Against NVTSThe company faces strong competition from ON Semiconductor (ON - Free Report) and STMicroelectronics (STM - Free Report) in the race to supply high-voltage solutions for AI data centers.

In June 2026, ON Semiconductor introduced GaNEXUS, a new GaN power semiconductor portfolio designed for AI data centers, industrial automation, robotics and energy infrastructure applications. This new portfolio includes GaNEXUS FETs with voltage ratings from 40V to 650V, along with 650V GaNEXUS Smart devices that include built-in protection features to simplify system design and improve reliability. The new devices provide faster switching speeds, lower switching losses, higher power density and better thermal performance than conventional silicon-based power devices to help customers build smaller and more efficient power systems.

STMicroelectronics introduced new 700V GaN power semiconductors in May 2026, designed to improve energy efficiency and power density in AI servers, robotics, industrial systems and advanced consumer applications. The new PowerGaN devices are designed for high-voltage power supplies and support reliable operation in high-power applications. The devices should help improve power conversion efficiency beyond what is possible with conventional silicon-based technologies.

NVTS' Price Performance, Valuation & EstimatesShares of Navitas Semiconductor have rallied 95.9% year to date compared with the Zacks Electronics – Semiconductors industry’s growth of 46%.

NVTS YTD Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, Navitas Semiconductor trades at a forward price-to-sales ratio of 55.9X, significantly higher than the industry’s average of 9.13X.

NVTS Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Navitas Semiconductor’s 2026 bottom line is pegged at a loss of 17 cents per share. The estimates for 2026 loss per share have remained unchanged over the past 30 days.

Image Source: Zacks Investment Research

Navitas Semiconductor currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Copa Holdings (CPA - Free Report) Copa Holdings is based in Panama City, Panama. The company, through its main subsidiaries — Copa Airlines and Copa Colombia — offers airline passenger and cargo services. Copa Airlines was founded in 1947. Copa Columbia was purchased in 2005.

CPA is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 9.03; value investors should take notice.

For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $2.33 to $16.54 per share. CPA boasts an average earnings surprise of +6.5%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CPA should be on investors' short list.

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Element Solutions Inc (NYSE: ESI) to Solstice Advanced Materials, Inc. (NasdaqGS: SOLS). Under the terms of the proposed transaction, shareholders of Element will receive $10.00 in cash and 0.500 shares of Solstice common stock for each share of Element that they own. Upon closing of the Propose.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Shares of TeraWulf (NASDAQ:WULF) are up 12% to $22.67 in mid-morning trading, leading a broad rebound across AI-infrastructure names that were hammered on Tuesday. IREN (NASDAQ:IREN) stock is up 7% to $42.55, while peers Applied Digital (NASDAQ:APLD) and Cipher Mining (NASDAQ:CIFR) are up 3% to $31.53 and up 5% to $21.45, respectively.

Today’s move mirrors yesterday’s decline, when TeraWulf shares dropped 8%, IREN slid 7%, and Applied Digital fell 6%. There’s no fresh company-specific catalyst driving the bounce. Instead, the group is riding a broader risk-on tape, with beaten-down Chinese tech and other high-beta names also rebounding.

All four are former Bitcoin (CRYPTO:BTC) miners repurposing power and data-center capacity for AI compute leasing. That pivot has made them among the most volatile names in the market, and today’s snap-back is a reminder of how quickly sentiment can flip in the neocloud cohort.

TeraWulf Leads the Rebound TeraWulf stock is the standout mover today. The underlying bull story remains its previously announced 20-year, roughly $19 billion Anthropic AI data-center lease, disclosed earlier this week. That contract anchors a long-tail revenue stream tied directly to AI compute demand.

Beyond Anthropic, TeraWulf continues to scale its high-performance computing (HPC) platform. TeraWulf’s HPC lease revenue hit $21.02 million in Q1 FY2026, more than 60% of total revenue, and the company recently closed a $1 billion equity raise to fund its Hawesville, Kentucky campus. Moreover, the company’s total contracted revenue exceeds $13 billion across anchor tenants including Core42, Fluidstack, and Alphabet‘s (NASDAQ:GOOGL | GOOGL Price Prediction) Google.

Despite this week’s whipsaw, TeraWulf shares are up 99% year to date (YTD), making WULF one of the strongest performers in the group. The consensus analyst target price of $36.32 sits well above current levels, and Wall Street ratings skew heavily positive with five strong buys and 12 buys.

IREN, Applied Digital and Cipher Mining Ride Along IREN stock is bouncing without any discrete headline. The company’s landmark five-year, $3.4 billion AI Cloud contract with NVIDIA (NASDAQ:NVDA), paired with up to $2.1 billion in NVIDIA investment vesting as GPU infrastructure scales, remains the centerpiece of its AI Cloud pivot. IREN shares are up 12% YTD despite a rough June.

The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.

Applied Digital shares are grinding higher after a bruising week. The company recently reported Q3 FY2026 revenue of $126.64 million, up 139% year over year (YoY), and signed a 15-year lease with an investment-grade hyperscaler for 200 MW at Polaris Forge 2. Applied Digital stock is up 25% YTD.

Cipher Mining stock is extending a strong 2026, with the rebranded Cipher Digital holding 700 MW of contracted HPC capacity plus anchor leases with Fluidstack/Google and Amazon‘s (NASDAQ:AMZN) AWS targeting October 2026 energization. Cipher Mining shares are up 39% YTD, and Needham recently raised its price target to $25.

Bull Case vs. Bear Case The bull case for the AI-infrastructure cohort is straightforward. Hyperscaler capex is running at eye-watering rates, power is the binding constraint, and these companies control gigawatts of contracted capacity. Multi-year leases with credit-enhanced anchor tenants transform historically cyclical Bitcoin miners into utility-like AI landlords.

The bear case is equally important, however. These are pre-profit, highly volatile names that can swing sharply in both directions. TeraWulf reported an EPS loss of -$1.01 in Q1 FY2026, weighed by a $216.32 million non-cash warrant revaluation charge, and IREN posted a Q3 FY2026 net loss of $247.8 million. This week’s action, an 8% drop followed by an 11% bounce, tells the story on volatility.

What to Watch Today’s rebound needs to hold into the close to confirm the reversal thesis. Investors can watch how AI-adjacent names trade alongside the broader risk-on tape, and whether analyst follow-through emerges on TeraWulf’s Anthropic lease. For those building exposure to the neocloud theme, position sizing should stay modest given the volatility profile these stocks have shown all year.

Traders may keep TeraWulf, IREN, Applied Digital, and Cipher Mining shares active through the afternoon. A close near session highs would set up a constructive tone heading into the next batch of hyperscaler capex updates.

If You'd Bought Amazon When the Motley Fool Said To…In September 2002, Stock Advisor told subscribers to buy Amazon. In December 2004, Netflix. In April 2005, Nvidia. The newsletter still publishes two new stock picks every month — and over 23 years, has more than quadrupled the S&P 500. Here's how to get this month's picks:

- Join Stock Advisor for one year, with a 30-day money-back guarantee

- Get this month's two new picks — plus the Top 10 Rankings and the full historical pick list

- Read the analysis, decide for yourself, and trade through your own brokerage

Five years from now, you'll probably wish you'd bought this month's picks. Don't miss them.

Contact [email protected] for any questions or corrections.

, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FUTU HOLDINGS LIMITED (FUTU), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE AUGUST 25, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between May 24, 2023 and May 27, 2026, Defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) 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. 

Contact Us To Participate or Learn More:  
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us: 
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

SOURCE Law Offices of Howard G. Smith

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Astera Labs, Inc. (ALAB - Free Report) Astera Labs develops semiconductor-based connectivity solutions tailored for cloud and AI infrastructure. Its Intelligent Connectivity Platform includes high-speed, mixed-signal semiconductor products combined with COSMOS, a proprietary system management and optimization software suite. The company’s solutions are designed to enhance performance, bandwidth, and reliability in next-generation data centers.

ALAB is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Computer and Technology stock. ALAB has a Momentum Style Score of A, and shares are up 12.1% over the past four weeks.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.02 to $2.94 per share. ALAB also boasts an average earnings surprise of +21.4%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ALAB should be on investors' short list.

Key Takeaways SPCX fell 6.8% on its Nasdaq-100 debut, closing at $149.47, its lowest level since IPO.Starlink, Starship and AI infrastructure plans are key growth engines for SpaceX's long-term story.SpaceX's $2T valuation and 36X forward sales multiple leave little room for execution missteps. Shares of Space Exploration Technologies (SPCX - Free Report) fell 6.8% yesterday on their first day as part of the Nasdaq-100 Index, closing at $149.47. The stock is now trading at its lowest level since its June 12 IPO and well below its closing high of $211.39.

SpaceX became one of the fastest companies to join the Nasdaq-100, but the milestone failed to provide the boost many investors had expected. Instead, the stock came under pressure as a broad technology selloff weighed on the sector.

The weakness was due to growing concerns over heavy AI-related spending, rising U.S. bond yields, higher oil prices and escalating tensions in the Middle East. Several technology stocks, including Marvell Technology (MRVL - Free Report) , Micron Technology (MU - Free Report) and Advanced Micro Devices (AMD - Free Report) , also declined sharply yesterday.

Yesterday’s Price Decline  Image Source: Zacks Investment Research

With SpaceX now trading near its post-IPO lows, the key question is whether the recent pullback offers a compelling buying opportunity or signals further downside ahead.

Multiple Growth Engines Support SPCX’s Long-Term StorySpaceX's long-term growth story remains compelling, supported by multiple high-growth businesses.

The biggest growth driver is Starlink, SpaceX’s satellite Internet arm. It is benefiting from rising demand for broadband connectivity in underserved regions and is positioned to offer text, voice and data services directly to standard smartphones. The business generated more than $11.4 billion in revenues and $4.4 billion in operating income in fiscal 2025, highlighting its ability to generate meaningful profits while expanding globally.

Another major catalyst is Starship. Following its 12th successful test flight in May 2026, the next-generation launch vehicle is expected to carry much heavier payloads than Falcon 9. This would enable the deployment of larger Starlink satellites while significantly reducing the cost of delivering satellite bandwidth, improving the economics of the Starlink business over time.

SpaceX is also transforming into an AI infrastructure company following the acquisitions of xAI and X earlier this year. By combining AI models, large-scale computing infrastructure and satellite connectivity, the company is building an integrated platform that few competitors can match. It plans to launch AI compute satellites by 2028, paving the way for space-based data centers.

The company's growing presence in AI is already attracting major customers. Multi-billion-dollar computing agreements with Alphabet's Google and Anthropic provide long-term revenue visibility, while the planned acquisition of Anysphere, the company behind the AI coding assistant Cursor, strengthens its position in the fast-growing enterprise AI software market.

But Can We Look Past the Valuation Concerns?While SpaceX's long-term opportunities are significant, its valuation leaves little room for disappointment.

The company is currently valued at around $2 trillion despite generating just $4.69 billion in first-quarter revenues and incurring a net loss of $4.28 billion. On a forward 12-month basis, the stock trades at roughly 36 times sales, a rich premium even among high-growth technology companies.

Image Source: Zacks Investment Research

Investors are paying for what SpaceX could become rather than what it is today. That optimism rests on Starlink's continued expansion, AI infrastructure, space-based data centers and Elon Musk's vision of building a company capable of generating $100 billion in annual revenues by 2028.

However, reaching that milestone will require flawless execution across multiple capital-intensive businesses. Also, history suggests that investors should treat Musk's timelines with caution. We know that many of Tesla's ambitious projects, including robotaxis and humanoid robots, have taken longer than initially projected. Likewise, many of SpaceX's biggest growth initiatives are still years away from making a meaningful financial contribution and will require huge investment before they begin generating attractive returns.

Is SpaceX Stock a Buy?SpaceX remains one of the most compelling long-term growth stories in the market. Few companies have leadership positions across commercial space, satellite connectivity and AI infrastructure, giving SPCX multiple avenues for expansion over the coming decade.

That said, much of this optimism already appears reflected in the stock's premium valuation. Even after the recent pullback, investors are still paying a steep price for future growth that will take years to materialize.

Having said that, for existing shareholders, the recent decline does not change the long-term investment thesis, making the stock worth holding through near-term volatility. Wall Street's average price target still implies roughly 35% upside from current levels.

Image Source: Zacks Investment Research

However, new investors may be better served by waiting for a more attractive entry point. While SpaceX's long-term prospects remain attractive, the current valuation still offers a limited margin of safety, leaving little room for execution missteps or broader market weakness.

SPCX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.