Ever since Netflix (NFLX +0.21%) walked away from trying to acquire assets from Warner Bros. Discovery, the stock price hasn't found its footing.
Investors initially cheered Netflix's decision to withdraw from the bidding war with Paramount Skydance. But shares didn't gain much traction afterward, and Netflix's warnings about its content costs in the first half of the year haven't helped. As of this writing, the Netflix stock price is down roughly 19% year to date.
On July 16, however, the next meaningful direction for the stock price could take shape.
Image source: Getty Images.
Netflix's next report On Thursday, July 16, Netflix will release its financial results for the second quarter of 2026.
Ad revenue totals will be an important metric to watch to see if Netflix is still on track to reach $3 billion by the end of the year. As subscription growth matures, ads are not just another sales vehicle for the company. Growing ad revenue can also help offset content costs.
Those content costs are also worth monitoring and hearing the company's take on. The management team did warn that content costs would be higher in the first part of the year, so if that headwind is mostly behind Netflix, that will offer some relief.
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What happens after July 16 If Netflix shows that ad revenue is on track to reach $3 billion or exceed that forecast, along with content costs stabilizing in the back half of the year, that's a recipe that could help send the stock price higher.
If ad revenue isn't living up to forecasts, if content costs are projected to climb in the upcoming quarters, or both, the next direction for the stock price is likely lower.
Either way, this report can highlight for long-term investors whether a rebound is forming or if there's still some turbulence to navigate through.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix and Warner Bros. Discovery. The Motley Fool has a disclosure policy.
Netflix (NFLX +0.31%) stock fell 24% in the first half of the year, according to data provided by S&P Global Market Intelligence. Investors are worried about future opportunities, acquisitions, and the departure of founder and chairman Reed Hastings.
The global streaming sensation Netflix defied the odds, and competition from the world's largest media companies, to become a powerhouse streaming company. It sits atop a massive content library, much of which has come from its own creative studios, and it has more than 300 million global subscribers.
Investors have counted it out before in the past, and it has always rebounded, surprising the market with innovative ways to keep its growth engine moving. From the very beginning, when it changed from a video drop-off company to take on the emerging streaming industry, it has stayed ahead of the curve and proved its prowess. And the naysayers who didn't think its content could match the big studios are now watching it produce top-rated series and films that keep subscribers engaged.
Image source: Getty Images.
It seemed to be in danger, again, when the pandemic started and every studio created its own streaming network. But while many other networks were acquired or merged, Netflix is still at the top of the heap. It successfully rolled out an ad-supported streaming tier to stay competitive, and it now showcases live sporting events as well as other live entertainment, and it also offers games.
It continues to report double-digit growth, and it plans its production based on recurring revenue, targeting profitability goals and moving backward, which ensures strong margins. In the 2026 first quarter, revenue increased 16% year over year, which was higher than expected, leading to a higher operating margin of 32.3%, up from 31.7% last year. It's targeting a 31.5% operating margin for the full year.
What's on next The question is, what's next? Netflix stopped reporting subscriber numbers about a year ago, and revenue growth comes from a mix of subscriber growth, price hikes, and ads.
The company continues to invest in the business through improving technology with artificial intelligence (AI) as well as finding the next popular series.
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It lost its bid to acquire Warner Bros. Discovery, and it had also considered buying Roku. While these deals didn't pan out, they do represent a path forward to expand the business. However, they also represent uncertainty about what's coming next. The stock also dropped after the company announced that founder and chairman Reed Hastings would be stepping down, although it has been falling for a while now.
At the current price, Netflix trades at 25 times trailing 12-month earnings. That looks like an attractive entry point, but investors may want to wait and hear the company's latest update and consider its trajectory when it reports second-quarter earnings next week.
Those who banked on Bank of America's (BAC 0.07%) stock to rise last month were well rewarded for their bullishness. Most notably, the prominent lender was among the 32 banks and other financial institutions that aced the Federal Reserve's (Fed) 2026 edition of its annual stress tests. As in previous years, this will result in a dividend raise, another good reason to invest in the stock.
Among other positive developments, these helped push Bank of America's equity up by more than 10% in June.
Passing grades One of said developments was a new cross-border, real-time payments product Bank of America announced near the start of the month. The service, whose name wasn't revealed, is designed for high-volume, low-value financial transfers, like person-to-person (P2P) and business-to-consumer (B2C) payments.
Image source: Getty Images.
The bank is promising instant transfers for both sender and receiver, effected via the Swift or CashPro systems. Investors were encouraged by this because demand is rising for such a product -- Bank of America said that the P2P segment is expected to rise by 58% and B2C by a whopping 132% by 2032.
The Fed published the results of the stress tests on June 25 and, like the other companies in the regulator's exam room, Bank of America saw its shares bump higher. That stood to reason, as the point of the stress tests is to gauge how effectively a lender might cope with sharp and sudden economic crises.
Even though these tests have been conducted for years, it's still immensely satisfying to investors when their company, or companies, get a passing grade.
One reason for this is that it almost guarantees the passers will raise their dividends, a habit that has become nearly a custom. This year's raises are generous, too, with Bank of America's fellow Big Four lenders -- JPMorgan Chase, Citigroup, and Wells Fargo -- all aiming for lifts of at least 10% in their coming quarterly payouts (each is subject to board of directors approval).
Bank of America is more cautious than its peers, preferring to wait a while before making a similar declaration. But we can count on a double-digit hike from it, too.
Finally, just after those results were disseminated, two analysts raised their price targets on the bank. Morgan Stanley's Betsy Graseck raised her to $67 per share from $61, while her peer John McDonald of Truist Securities upped his to $64 from $61. Both maintained their equivalents of buy recommendations.
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A solid lender, as ever Banks are cyclical businesses, so for anyone like me who believes the U.S. economy can hold up under the pressures it's currently facing (including inflation, among other potential headwinds), Bank of America is a solid stock play.
The stress test results show that it's well protected even if the cycle starts to turn against it, so the stock is even something of a defensive play if the economy goes sour. I would confidently invest in this well-known lender.
Citigroup is an advertising partner of Motley Fool Money. Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Wells Fargo is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase and Truist Financial. The Motley Fool has a disclosure policy.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
United Airlines Holdings, Inc. (NASDAQ:UAL) will release its second quarter earnings report after the closing bell on Wednesday, July 15.
Analysts expect the Chicago, Illinois-based company to report quarterly earnings of $1.82 per share, down from $3.87 per share in the year-ago period. The consensus estimate for United Airlines’ quarterly revenue is $17.58 billion. It reported $15.24 billion last year, according to Benzinga Pro.
On April 21, United Airlines Holdings posted better-than-expected first-quarter earnings.
Shares of United Airlines fell 3.2% to close at $128.31 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying UAL stock? Here’s what analysts think:
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Patent filing follows recent RCL vanadium metallurgical testwork and further strengthens Temas' growing critical minerals technology platform
Highlights
Temas has initiated the filing of a new process patent covering the extraction of vanadium from complex ore bodies using its proprietary Regenerative Chloride Leach ("RCL") mixed chloride leaching technology.
Patent filing establishes a priority filing date of July 8, 2026, protecting the Company's latest metallurgical innovation.
Patent entitled "Chloride-based process for Vanadium extraction"
Filing follows the recent completion of the Company's previously announced RCL vanadium metallurgical testwork on material from its wholly-owned La Blache Titanium-Vanadium-Iron Project.
Represents another expansion of Temas' growing intellectual property portfolio supporting future technology licensing opportunities.
Follows Temas' 29 June 2026 results confirming extensive high-grade titanium-vanadium mineralisation at La Blache, including vanadium grades of up to 0.48% V₂O₅ over broad intervals, underpinning the vanadium endowment to which the newly patented RCL process can be applied.
Strengthens Temas' ability to create value from vanadium; both from its own La Blache and Lac Brûlé assets and from third-party vanadium ore bodies, concentrates and mine waste through RCL technology licensing and processing partnerships.
The Company continues to progress confidential discussions and third-party lab testing with potential processing and licensing partners regarding deployment of the RCL platform across critical minerals.
Reinforces Temas' strategy of developing proprietary metallurgical solutions across multiple critical minerals beyond titanium.
VANCOUVER, BC / ACCESS Newswire / July 8, 2026 / Temas Resources Corp. ("Temas" or the "Company") (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FSE:26P0) is pleased to announce that, following the recent completion of the Company's Regenerative Chloride Leach ("RCL") vanadium metallurgical testwork announced earlier this year, the Company has initiated the filing of a new process patent covering the extraction of vanadium from complex ore bodies using mixed chloride leaching technology.
The patent application, entitled "Chloride-based process for Vanadium extraction" establishes a priority filing date of July 8, 2026, providing intellectual property protection for a novel process developed through the Company's ongoing metallurgical research and development activities.
The new patent application builds upon the encouraging results generated from Temas' proprietary RCL metallurgical testing on vanadium-bearing material from its 100%-owned La Blache Titanium-Vanadium-Iron Project in Québec, Canada. The work further demonstrates the adaptability of the RCL technology platform across multiple critical minerals while expanding the Company's growing portfolio of proprietary processing technologies.
As announced on 29 June 2026, Temas reported the first results from its systematic re-assay program at the Hervieux West deposit within La Blache, confirming extensive high-grade titanium-vanadium mineralisation together with gallium, scandium and chromium credits. Selected intervals returned vanadium grades of up to 0.48% V₂O₅ over substantial widths, including 143.0 m at 0.48% V₂O₅ (88.7% Fe₂O₃ + TiO₂) in hole HWR-10-052. The vanadium extraction process now being patented is directly applicable to this style of Fe-Ti-V oxide mineralisation, reinforcing the potential for Temas to create value from both its own vanadium-bearing assets and comparable third-party ore bodies through the RCL platform.
The Company believes that securing intellectual property protection remains a critical component of its strategy to commercialize the RCL technology through future licensing agreements, strategic partnerships and deployment across global mineral projects. The Temas RCL technology platform is comprised of successfully granted US and Canadian metallurgical process patents for the extraction of Gold, Iron, Titanium, Nickel and Rare Earth Elements using its proprietary mixed-chloride leaching technology.
In addition to this new patent application for the extraction of Vanadium, the RCL platform is supported by eleven granted patents across multiple critical minerals and jurisdictions:
Gold - granted (United States)
Gold - granted (Canada)
Iron - granted (United States)
Iron - granted (Canada)
Iron - granted (India)
Titanium - granted (United States)
Titanium - granted (Canada)
Nickel - granted (United States)
Nickel - granted (Canada)
Rare Earth Elements - granted (India)
Rare Earth Elements - granted (Canada)
Vanadium - application filed, priority date 7 July 2026 (new)
Kyler Hardy, Executive Chairman, commented:
"One of our strategic objectives has always been to continually expand the RCL technology platform through the development of new process innovations. The successful application of RCL to vanadium extraction has resulted in a process that we believe is both novel and commercially valuable. Filing this patent represents another important milestone in strengthening Temas' intellectual property portfolio and reinforces the versatility of the RCL platform across multiple critical mineral applications."
Tim Fernback, President & Chief Executive Officer, commented:
"The filing of this patent is another important step in transforming Temas from a critical minerals developer into a global clean metallurgical technology company. Every new patent strengthens our competitive position and builds long-term value in our technology licensing business. As demand accelerates for secure supplies of critical minerals such as vanadium, we believe proprietary processing technologies like RCL will become increasingly valuable to miners seeking lower-cost, environmentally responsible extraction. We continue to evaluate further RCL applications across critical minerals, including gallium, scandium, chromium and rare earth elements and intend to keep expanding our intellectual property portfolio as future metallurgical programs are completed."
Expanding the RCL Intellectual Property Platform
The RCL technology platform continues to evolve beyond its original titanium applications into a broad hydrometallurgical process capable of recovering multiple critical minerals from complex ores, concentrates and mine waste.
The Company's intellectual property strategy is focused on protecting novel metallurgical processes that can be commercialized through:
Technology licensing;
Joint venture opportunities;
Strategic processing partnerships;
Proprietary processing of Temas' wholly-owned mineral assets.
The filing of "Chloride-based process for Vanadium extraction" represents another significant addition to Temas' expanding portfolio of proprietary RCL technologies.
No representations or warranty, express or implied, is made by the Company that the material contained in this announcement will be achieved or proved correct. Except for the statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisors, and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this announcement and excludes all liability whatsoever (including in negligence) for an loss or damage which may be suffered by any person as a consequence of any information in this announcement or any effort or omission therefrom. The Company will not update of keep current the information contained in this announcement or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the announcement are subject to change without notice.
ABOUT TEMAS RESOURCES
Revolutionizing Metal Production
Proprietary IP. Global Licensing. Titanium & Critical Minerals.
Temas Resources Corp. (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FRA:26P0) is a technology-driven critical minerals company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The Company's patented Regenerative Chloride Leach (RCL) technology platform delivers significant operational cost reductions - validated at up to 65% lower than traditional processing - while dramatically reducing energy use and environmental impact.
Temas' RCL process is the foundation of its technology licensing and partnership business, enabling global mining and materials companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals including titanium, vanadium, nickel, and rare earth elements.
Complementing its technology division, Temas also owns 100% of two advanced titanium-vanadium-iron projects in Québec, Canada - La Blache and Lac Brûlé - which are strategically positioned to feed directly into the Company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals.
Through this combination of innovative IP commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical-mineral independence and create long-term value for shareholders.
Benefits the ORF - RCL Technology:
The RCL platform technology involves the hydrometallurgical mineral extraction of concentrates, whole ores, slags and tailings to enhance recovery of critical metals, battery metals, Platinum Group Minerals ("PGMs"), precious and base metals and Rare Earth Element ("REE") recovery at materially higher through-yields and lower capital and operating costs than many of the conventional approaches that are in use traditionally. This novel RCL technology is ideally suited to treat increasingly complex ores in an environmentally sensitive manner.
Pilot Testing Complete: The Company has completed a pilot test of approximately 1 ton of material from its La Blache TiO2 mineral property yielding 88 kgs of a 99.8% pure TiO2 commercial grade product.1
Validated Cost Reduction: A significant cost reduction of over 65%2,3 is validated for TiO2 processing using the RCL platform technology (e.g., reagent recycling, potentially lower energy use, optimized recovery etc.). These fundamental process efficiencies are expected to translate into economic advantages when applying the platform to Nickel or other target minerals hosted in complex ores.
Environmental Performance: The closed-loop design and high reagent recycling rates are core to the RCL platform, irrespective of the target mineral. Over 69% lower operating costs compared to conventional processing due to its core features operating at near ambient temperatures.3 This means the reduced environmental footprint and enhanced ESG profile are benefits that extend to ores and minerals previously noted, not just TiO2.
High Recovery Potential: Just as we've demonstrated high-quality, 99.8% TiO2 product from pilot testing1 the RCL platform is engineered for high recovery and purity of all target metals. Our metallurgical expertise focuses on optimizing these recoveries and maximizing margins for each specific mineral.
RCL results in a quicker and more complete liberation of the target metals using atmospheric pressure and lower temperatures than competing methods and improves the selectivity and efficiency of subsequent solvent extraction steps. Management believes that this novel metallurgical process can be applied to many complex resource deposits worldwide, enhancing both extraction and recovery for the operator.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
1 Source: Temas Resources Corp. "Pilot Scale Evaluation of Temas La Blache Ilmenite - Final Report PRO 21-16," 24 June 2022.
2 These metallurgical test results and cost-reduction data were first reported in the Company's Canadian market announcement dated 13 April 2021, titled "Temas Resources Acquires 50 % of Green Mineral Process Developer ORF Technologies Inc."
3 The cost-reduction figure is supported by independent evaluation conducted by the Natural Resources Research Institute (University of Minnesota, 2017) and subsequent pilot-scale validation by ORF Technologies Inc., as detailed in Temas Resources news releases of 2021 and 2022.
Former Biogen Chief Financial Officer brings more than 35 years of financial leadership and public company experience
CAMBRIDGE, MA / ACCESS Newswire / July 8, 2026 / Moderna, Inc. (NASDAQ:MRNA) today announced the appointment of Michael McDonnell to its Board of Directors, effective July 8, 2026. Mr. McDonnell will also serve on the Board's Audit Committee.
"Mike brings exceptional financial leadership and strategic perspective developed over more than three decades advising and leading global life sciences and technology companies," said Noubar Afeyan, Ph.D., Co-Founder and Chairman of Moderna. "His experience guiding organizations through periods of growth and transformation, overseeing significant capital allocation decisions, and building high-performing finance organizations will be invaluable as Moderna continues to advance its pipeline and execute on its long-term strategy. We are pleased to welcome Mike to our Board."
"I am honored to join Moderna's Board at such an important time in the company's evolution," said Mr. McDonnell. "Moderna has established itself as a leader in mRNA science and innovation, with a broad pipeline and a compelling long-term vision. I look forward to working with the Board and management team to help create lasting value for patients and shareholders."
"We are delighted to welcome Mike to Moderna's Board," said Stéphane Bancel, Chief Executive Officer of Moderna. "His extensive experience as CFO of leading public companies, deep understanding of the biotechnology industry, and proven ability to lead complex strategic and operational initiatives will be an important asset as we prepare for multiple potential product launches and build Moderna for the long term."
Mr. McDonnell is a financial executive with substantial experience providing financial and accounting leadership to life sciences and technology companies, including more than 24 years serving as chief financial officer of public companies.
Most recently, Mr. McDonnell served as Executive Vice President and Chief Financial Officer of Biogen Inc. from August 2020 through February 2025, where he oversaw investor relations, financial planning and analysis, treasury, accounting, tax, internal audit, procurement, information technology, and business unit finance. Since March 2025, he has served as an advisor to Goldman Sachs Asset Management.
Prior to Biogen, Mr. McDonnell served as Executive Vice President and Chief Financial Officer of IQVIA Holdings Inc. following the merger of Quintiles and IMS Health. Earlier in his career, he served as Executive Vice President and Chief Financial Officer of Intelsat S.A., Executive Vice President and Chief Financial Officer of MCG Capital Corporation, and Chief Financial Officer of EchoStar Communications Corporation. He began his career at PricewaterhouseCoopers LLP, where he spent 14 years, including four years as a partner.
Mr. McDonnell currently serves on the Board of Directors of Merit Medical Systems, Inc., where he chairs the Audit Committee, and on the Board of Directors of Baxter International Inc. He previously served on the Board of Directors of Catalyst Health Solutions until its acquisition.
About Moderna
Moderna is a pioneer and leader in the field of mRNA medicine. Through the advancement of its technology platform, Moderna is reimagining how medicines are made to transform how we treat and prevent diseases. Since its founding, Moderna's mRNA platform has enabled the development of vaccines and therapeutics across infectious diseases, cancer, rare diseases and more.
With a global team and a unique culture, driven by the company's values and mindsets, Moderna's mission is to deliver the greatest possible impact to people through mRNA medicines. For more information about Moderna, please visit modernatx.com and connect with us on X, Facebook, Instagram, YouTube and LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding: Moderna's ability to advance its pipeline and execute on its long-term strategy; and expectations for multiple potential product launches. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond Moderna's control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include, among others, those risks and uncertainties described under the heading "Risk Factors" in Moderna's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (SEC), and in subsequent filings made by Moderna with the SEC, which are available on the SEC's website at www.sec.gov. Except as required by law, Moderna disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release in the event of new information, future developments or otherwise. These forward-looking statements are based on Moderna's current expectations and speak only as of the date of this press release.
Moderna Contacts
Media:
Chris Ridley
Vice President, Global Head of Communications
+1 617-800-3651 [email protected]
Investors:
Lavina Talukdar
Senior Vice President & Head of Investor Relations
+1 617-209-5834 [email protected]
Internet, Everywhere, July 08, 2026 (GLOBE NEWSWIRE) -- Shopify Inc. (NASDAQ, TSX: SHOP) plans to announce financial results for the quarter ended June 30, 2026 before markets open on Wednesday, August 5, 2026.
Shopify’s management team will host a conference call to discuss second-quarter results at 8:30 a.m. ET on Wednesday, August 5, 2026. The conference call will be available via webcast on the Investor Relations section of Shopify’s website at https://www.shopify.com/investors/events.
An archived replay of the webcast will be available following the conclusion of the call.
About Shopify
Shopify provides essential internet infrastructure for commerce. Shopify’s all-in-one platform makes it easier to start, run, and grow a business, powering sales online, in store, and everywhere in between. Millions of businesses in 175+ countries use Shopify—from entrepreneurs to brands like Aldo, BarkBox, Carrier, Meta, Vuori, SKIMS, and Supreme.
Welltower gets a buy for my initial rating, as it presents both a compelling dividend idea and a capital growth idea. Top-line revenue growth is proven over 5 years already, as the portfolio keeps expanding through acquisition, with a recent acquisition in Canada. The stock is favorably covered both by Moody's and Barclays.
Order flow analytics analyze real-time buying and selling trends by examining the volume, timing, and order size across both retail and institutional traders. These insights offer a more detailed understanding of price behavior and market sentiment for a stock, allowing the trader or institution to make the most informed decision possible.
IBM Intraday Performance
At the time of the Power Inflow, IBM was priced at $302.19. Following the signal:
• Intraday High: $311.80 (+3.18%)
This article is for informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities. The analysis is based on stock order flow data, but accuracy is not guaranteed. Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions.
Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.
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NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.
Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.
If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.
Key Details of the MGM ($MGM) Investigation:
Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?
As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.
In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”
BFA is investigating whether the potential agreement complies with Delaware law.
If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
CompaniesMOSCOW, July 8 (Reuters) - Chevron's (CVX.N), opens new tab Yasa Polaris oil tanker, used for Caspian Pipeline Consortium shipments, was attacked by a drone off Russia's Black Sea coast, two industry sources said on Wednesday.
Chevron said on Monday it was aware of an incident with a vessel heading to the Caspian Pipeline Consortium's loading facilities near Russia's Black Sea port of Novorossiysk and the crew was safe, while exports from Kazakhstan were not affected.
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The Chevron-led Tengizchevroil oil company is the major exporter of CPC Blend oil sourced mainly from a giant Tengiz oil field it operates in Kazakhstan.
Yasa Polaris is an oil tanker built in 2022 and able to carry about 160,000 metric tons of oil, according to LSEG data. The vessel is managed by Yasa Holding registered in Turkey. The shipmanager did not immediately answer a Reuters request for a comment.
Ukraine has targeted the CPC oil terminal and vessels carrying oil in the Black Sea area many times since the start of the war in 2022. Last year one of single point moorings at the CPC terminal was heavily damaged in an attack.
The Caspian Pipeline Consortium plans to export about 1.6 million barrels per day of CPC Blend crude in July, down from around 1.7 million bpd planned for June after drone damage to a Russian gas facility meant output had to be reduced, two trading sources said.
Reporting by Olesya Astakhova in Moscow and Ron Bousso in London. Editing by Mark Potter and Louise Heavens
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Caterpillar (NYSE:CAT | CAT Price Prediction) spent much of the past decade being labeled a cyclical industrial bellwether tied to construction, mining, and commodity prices.
SAN FRANCISCO & WASHINGTON--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the #1 AI CRM, today announced that the U.S. Air Force 441st Vehicle Support Chain Operations Squadron (VSCOS) is now using Missionforce National Security to manage its $13.5 billion fleet of over 84,000 vehicles across nearly 389 locations. VSCOS manages the Air Force's vehicle fleet, helping ensure global mission readiness. Faced with the sunsetting of its legacy fleet management system, the 85-person squadron needed a scala.
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Strategy CEO: The company's BTC holdings have increased by 10% over the past three months, and its year-to-date BTC return rate has risen from 3.7% to 7.8%
Strategy CEO Phong Le stated in a post that between April 6 and July 6, 2026, the firm’s Bitcoin holdings increased by 10% to 843,775 BTC. Over the same three-month period, Strategy’s U.S. dollar reserves rose 13% to $2.55 billion. Year-to-date, its BTC return has climbed from 3.7% to 7.8%, marking more than double growth.
3 minutes ago
Zhipu issues 19.8 million H shares via private placement.
According to Bloomberg, Zhipu issued 19.8 million H shares via a private placement, with the offering price ranging from HK$1,588 to HK$1,698 per share.
Bitget announced that its stock token (rToken) product has surpassed $100 million in assets under management (AUM) one month after launch. As of July 6, the number of users trading related assets exceeded 100,000, with cumulative trading volume hitting $671.37 million. In terms of asset distribution, rSPCX is currently the rToken with the highest total value locked (TVL), accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38% respectively. Overall rankings indicate that early demand for rTokens is primarily driven by high-profile private market assets and tech-related targets, with AI infrastructure assets emerging as a key demand cluster spanning networking, chips, storage, semiconductors and other sectors. It is learned that rTokens, marked by the letter "r" plus the stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, Bitget’s licensed Real-World Asset (RWA) protocol, and connect directly to global liquidity pools including the Nasdaq and New York Stock Exchange via a partnership with regulated broker Alpaca. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed proportionally in token form, synchronized mapping of corporate actions such as stock splits and consolidations, and holdings eligible as combined margin for unified accounts and USDT-denominated contracts—enabling users to flexibly manage funds while holding global stock assets.
3 minutes ago
People's Bank of China: It will continue to implement a moderately loose monetary policy and step up counter-cyclical and cross-cyclical regulation.
The Monetary Policy Committee of the People's Bank of China (PBoC) held its second-quarter 2026 regular meeting. The meeting analyzed domestic and international economic and financial conditions, noting that the current external environment has grown more complex and volatile, global economic growth momentum remains weak, geopolitical conflicts and economic and trade frictions are frequent, major economies show divergent performance, and uncertainties persist over inflation trends and monetary policy adjustments. China’s economy as a whole remains stable, advancing toward higher-quality development and new growth drivers, with new progress made in high-quality development, though it still faces challenges including strong supply relative to weak demand, structural divergence, and external shocks. The meeting stated that it will continue implementing a moderately loose monetary policy, step up counter-cyclical and cross-cyclical regulation, better leverage the dual functions of monetary policy tools in aggregate and structural terms, strengthen coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable rebound in prices.
3 minutes ago
FalconX withdrew 73,900 HYPE tokens from Gate over the past seven minutes, worth approximately $5.03 million.
According to monitoring by Onchain Lens, FalconX withdrew 73,900 HYPE tokens from Gate.io over the past seven minutes, valued at approximately $5.03 million.
3 minutes ago
EDGE surges over 48% in 24 hours, currently trading at $0.504.
According to HTX market data, EDGE has surged over 48% in the past 24 hours, currently trading at $0.504.
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank today announced the launch of Enhanced Payments, a new bundled solution that helps small business owners move money quickly and more affordably – directly within U.S. Bank online banking and the bank's mobile app. Enhanced Payments brings advanced money movement capabilities into the existing digital banking experience, helping businesses save time and reduce costs. Businesses can complete international wires digitally rather than at a branch and move mon.
U.S. Bank has introduced a tool to help small businesses move money faster.
Enhanced Payments, announced Wednesday (July 8), is offered through the bank’s mobile app and online banking platform and designed to help businesses save time and lower costs.
“Businesses can complete international wires digitally rather than at a branch and move money quickly with convenient options such as same-day ACH and instant payments,” U.S. Bank said in a news release provided to PYMNTS.
“With lower per-transaction fees, secure anytime/anywhere access, and multiple payment options – including ACH, wires, and instant payments – the bundled solution gives business owners more control and clarity over their cash flow.”
The release adds that the launch is part of a larger strategy by the bank to provide improved solutions for business owners, letting them monitor their accounts, move money, and conduct other activities from a single digital interface.
In addition to Enhanced Payments, U.S. Bank is debuting features for all online banking business users. These updates include transaction limits designed for growing small businesses and tools to help owners pick the money movement option that best works for them.
“By integrating advanced money movement capabilities directly into online banking, we’re helping clients move money quickly and conveniently,” said Shruti Patel, chief product officer for business banking at U.S. Bank.
“This solution not only saves time and reduces costs, but it also gives business owners the flexibility and clarity they need to manage payments with confidence as they grow.”
The launch comes as American small and medium-sized businesses (SMBs) are facing some of the same responsibilities as their larger counterparts, as PYMNTS wrote last week.
“As international sourcing becomes routine rather than exceptional, America’s small businesses are inheriting enterprise finance responsibilities ranging from foreign exchange management to supplier liquidity and cross-border cash flow,” that report said.
Research from the PYMNTS Intelligence/Mastercard collaboration “The Cross-Border Opportunity: What Global Sourcing by US SMBs Means for Payment Providers” showed 57% of SMBs now buying goods or production inputs from overseas suppliers.
In addition, close to three-quarters of firms that generate between $1 million and $10 million in annual revenue source internationally. Even among businesses taking in less than $150,000 per year, more than 40% now buy from foreign suppliers.
“The shift is redefining what modern SMB finance teams are expected to do,” PYMNTS added.
United Parcel Service surged 31% since last summer, outperforming the benchmark's 16%, excluding dividends. I am downgrading UPS from buy to hold due to anticipated headwinds, including muted revenue growth and bottom-line pressure into FY2026. Recent quarters show decelerating revenue declines, but both top and bottom lines still fell, raising caution.
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will release its second quarter 2026 results before the start of NYSE trading on Wednesday, July 22, 2026. A copy of the earnings release and supplemental presentation slides will be posted on Moody's Investor Relations website, ir.moodys.com. Moody's Corporation invites you to participate in a teleconference with Rob Fauber President, and Chief Executive Officer, and Noémie Heuland, Chief Financial Officer, to discuss its second quarte.
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
CF Industries (CF - Free Report) : This company, which is one of the largest manufacturers and distributors of nitrogenous fertilizer and other nitrogen products globally, has seen the Zacks Consensus Estimate for its current year earnings increasing 28.2% over the last 60 days.
LATAM Airlines Group (LTM - Free Report) : This company, which provide domestic services in Brazil, Chile, Peru, Colombia and Ecuador, as well as regional flights and long-haul operations, has seen the Zacks Consensus Estimate for its current year earnings increasing 19.4% over the last 60 day.
Innodata Inc (INOD - Free Report) : This global data engineering company, which helps the world's leading technology companies and enterprises drive Generative AI and broader AI innovation, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.
Callaway Golf Company (CALY - Free Report) : This company, which is a premium golf equipment, gear and apparel company with a portfolio of brands, including Callaway Golf, Odyssey, TravisMathew and OGIO, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
Cimpress (CMPR - Free Report) : This company, which is an online supplier of high-quality graphic design services and customized printed products to small businesses and consumers, has seen the Zacks Consensus Estimate for its currentyear earnings increasing 5.3% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying RH stock? Here’s what analysts think:
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The past year hasn't been a good one for shares of Palantir (PLTR +1.54%). This has been a top stock to own for the majority of the AI arms race, but has faltered a bit in recent months.
Although the stock recently rallied from its true 52-week low, it was still lower than where it was this time last year. Overall, it's down nearly 40% from its all-time high, which may lead investors to assume it's a perfect buying opportunity.
Let's take a look to see if this sell-off was warranted or if there is more room to go. The answer may surprise you, as there was a ton of hype baked into the stock in October 2025 when it last hit an all-time high.
Image source: The Motley Fool.
Palantir has several years' worth of growth priced into it despite the sell-off Palantir is one of the more mature companies in the AI space. Its software was developed years ago for government use and helped sort through data to provide real-time insights to decision-makers. That software eventually found a use in the commercial space, which has grown to become a major part of Palantir's revenue stream. The biggest development for Palantir has been AIP, which can help integrate AI agents into workflows to automate tasks and speed up the time it takes to get insights to those who need them.
Today's Change
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2.04
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134.58
Its software has become widely popular with government and commercial clients alike, with revenue rising 85% year over year in its most recent quarter. That's phenomenal growth, and Palantir will likely deliver elevated growth rates for some time. But is that enough to justify its sky-high stock price?
During its last quarter, Palantir posted an impressive 53% net income margin, making it one of the most profitable companies in the software space. This means investors should value the stock based on earnings, and with Palantir's rapid growth, the forward earnings ratio is the best tool they have. At nearly 90 times forward earnings, Palantir is not a cheap stock.
PLTR PE Ratio (Forward) data by YCharts
Most big tech stocks trade in the 20 to 30 times forward earnings valuation range, and for Palantir to reach that level, its stock price must stay flat, and its earnings must triple beyond 2026's growth. With Wall Street analysts expecting 45% revenue growth in 2027, it could take years for Palantir to grow enough to trade at a reasonable level.
That spells trouble for Palantir's stock, and it could stay stagnant for years as it grows into its lofty valuation. Or the stock could drop to match growth expectations. Either way, Palantir doesn't look like a great stock to own right now, and there are far better AI investment options available.
After more than a month-long pause, Palantir (NASDAQ: PLTR) stock recorded a new insider trade valued in the tens of millions of dollars on July 2, 2026.
According to the Securities and Exchange Commission (SEC) filing made on July 7 – five days after the sale – Chief Technology Officer and Executive Vice President, Shyam Sankar, dumped 185,000 PLTR shares at an average price of $130.
Receive Signals on SEC-verified Insider Stock Trades
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This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
Overall, the senior insider made just over $24 million, ensuring his latest trade was his biggest in 2026, albeit with a relatively small margin – in February, he raised just under $22.5 million and in May, slightly more than $22.5 million.
June marked a slowdown in selling after mass PLTR insider trading in May Meanwhile, Sankar’s July sale represents a significant acceleration relative to June. Indeed, during the previous month, only two insider trades were recorded, with one – by Alexander Moore – amounting to $2.1 million, and the other – by Jeffrey Buckley – amounting to just $190,753.
Receive Signals on SEC-verified Insider Stock Trades
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This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
May, on the other hand, witnessed multiple massive Palantir stock insider sales with CEO Alex Karp raising $54 million, co-founder Stephen Andrew Cohen making $43.5 million, and Sankar himself dumping $22.5 million worth of PLTR.
Palantir stock price performance Elsewhere, Palantir has continued its stock market recovery from the downtrend that has held it in its grips between June 1 and June 25 and has, at $134.37 at the July 7 closing bell, rallied 25.26% in the previous two weeks.
Nonetheless, PLTR shares remain significantly in the red year-to-date (YTD) as they have lost 19.95% of their value since January 2 – the first regular trading session of the year.
Performance in the Wednesday pre-market also calls into question the sustainability of the rally, considering the technology equity has retraced 2.69% to $130.75 from its latest close at $134.37.
Palantir stock price chart. Source: Google Still, Palantir stock could soon see additional external tailwinds, considering a series of Iranian attacks against vessels not receiving approval from its strait authority, and the American retaliatory bombing led President Donald Trump to remark that the ceasefire was over.
Some uncertainty remains given the multi-day funeral of the Islamic Republic’s former Supreme Leader has left much of the senior leadership outside the country, and given that the U.S. commander-in-chief also declared that the negotiations can continue.
Featured image via Shutterstock
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NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ:Z, ZG) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
Lead Plaintiff Deadline: August 10, 2026Alleged Misconduct: Securities fraud relating to Zillow’s allegedly anticompetitive agreement with Redfin CorporationLargest Alleged Stock Drop: February 11, 2026 – 16.54% Stock Drop on Class C shares; 17.13% Stock Drop on Class A shares.Court: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights Investors have until August 10, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Zillow Class C and Class A common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Breidert v. Zillow Group, Inc., et al., No. 26-cv-02016.
Why is Zillow Being Sued for Securities Fraud?
On February 6, 2025, Zillow entered into an agreement with Redfin through which Zillow became the exclusive provider of multifamily rental listings on Redfin’s platform and affiliate websites, including Rent.com. According to the complaint, during the relevant period, Zillow characterized the agreement with Redfin as a “partnership” that would provide Zillow exclusive access to Redfin’s advertising platform.
As alleged, in truth, under the terms of the agreement, Zillow paid Redfin $100 million to stop competing with Zillow, facilitate the transition of its multifamily rental advertising business to Zillow, and close the remainder of its business.
Why did Zillow’s Stock Drop?
On September 30, 2025, the FTC filed a complaint against Zillow and Redfin alleging violations of the federal antitrust laws. According to the FTC complaint, “Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market.” In sum, the FTC alleged, “[t]his agreement is nothing more than an end run around competition on the merits with Redfin for customers…” This news caused the price of Zillow’s Class C and A common stock to decline 4.33% and 4.5%, respectively.
On February 10, 2026, Zillow’s CFO told investors that Zillow experienced increased legal expenses which “will result in approximately 200 basis points headwind to EBITDA margins in Q1.” On this news, the price of Zillow’s Class C and A common stock declined 16.54%, and 17.13%, respectively.
Finally, on May 7, 2026, Reuters reported that a “federal judge rejected [Zillow and Redfin’s] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings.” This news caused the price of Zillow’s Class C and A common stock to decline 1.9% and 1.76%, respectively.
Click here for more information: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
What Can You Do?
If you invested in Zillow, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Intuit Inc. (NASDAQ:INTU) for potential securities fraud after its significant stock drop.
If you invested in Intuit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
Key Details of the Intuit ($INTU) Class Action Investigation:
Investigation Overview: Securities fraud regarding the company’s price positioning among DIY tax filers ahead of and during the 2026 tax seasonStock Decline: May 20, 2026 – 20% Stock DropAction: Contact BFA Law to discuss your rights
Why is Intuit Being Investigated for Securities Fraud?
Intuit is a financial technology platform that serves consumers, small and mid-market businesses, and accountants through its offerings, which include TurboTax, Credit Karma, and QuickBooks.
During the relevant period, Intuit told investors that it had been preparing for the 2026 tax season “a couple of years ago” and that the company understood what worked in 2025, which was “being at the lowest price compared to alternatives.” Intuit also stated that the 2026 tax season was “off to a strong start” as the company was poised to deliver the “best price for our customers.”
In truth, it appears that the company was facing pressure among the most price-sensitive DIY tax filers and was not competitive on price in this segment.
Why did Intuit’s Stock Drop?
On May 20, 2026, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it “did not have the overall tax season we expected” and that it “faced pressure among the most price-sensitive DIY filers.” Intuit stated that “[w]e [lost] on price,” and revealed that the company needed to evolve its business model by delivering the right lineup and price points to meet simple filers’ needs at the low end. Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.”
This news caused the price of Intuit stock to decline $76.86 per share, or 20%, from a closing price of $383.93 per share on May 20, 2026, to $307.07 per share on May 21, 2026.
Click here for more information: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
What Can You Do?
If you invested in Intuit, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
PHOENIX, July 08, 2026 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report second quarter 2026 financial results for the period ended June 30, 2026, on Wednesday, July 22, 2026, after the market closes. Reliance management will host a conference call on Thursday, July 23, 2026, at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com.
Reliance, Inc. Second Quarter 2026 Conference Call Details
DATE:Thursday, July 23, 2026 TIME:8:00 a.m. Pacific Time
10:00 a.m. Central Time 11:00 a.m. Eastern Time DIAL-IN:(877) 407-0792 (U.S. and Canada)
(201) 689-8263 (International) CONFERENCE ID:13761219 WEBCAST:https://viavid.webcasts.com/starthere.jsp?ei=1767658&tp_key=3f77536a27 For those unable to participate during the live broadcast, a replay of the call will also be available beginning that same day at 2:00 p.m. Eastern Time until 11:59 p.m. Eastern Time on August 6, 2026, by dialing (844) 512-2921 (U.S. and Canada) or (412) 317-6671 (International) and entering the conference ID: 13761219. The webcast will remain posted on the Investors section of Reliance’s website at reliance.com for 90 days.
About Reliance, Inc.
Founded in 1939, Reliance, Inc. (NYSE: RS) is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of approximately 310 locations in 41 states and 10 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full-line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance focuses on small orders with quick turnaround and value-added processing services. In 2025, Reliance’s average order size was $3,120, approximately 49% of orders included value-added processing, and approximately 40% of orders were delivered within 24 hours. Reliance’s press releases and additional information are available on the Company’s website at reliance.com.
Apple said it's expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker's largest U.S. manufacturing commitment to date.
The agreement, announced by Apple on Wednesday, will lead to the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom's facility in Fort Collins, Colorado. Apple didn't provide a timeline for when the new capacity will come online.
Broadcom has long supplied Apple with connectivity components, but the new agreement deepens that relationship around U.S.-made custom silicon. Apple said Broadcom will make wireless components used to help devices connect to cellular, Wi-Fi and Bluetooth networks.
Broadcom disclosed in a filing with the Securities and Exchange Commission on Monday that it had entered into new long-term agreements with Apple to develop and supply "custom ASIC silicon products" for multiple generations of Apple products through 2031. ASICs are application-specific integrated circuits and are increasingly being used for artificial intelligence workloads.
Read more CNBC tech newsChinese lidar maker with Nvidia ties accused of being cyber risk for U.S.China's Alibaba bans Anthropic AI for employees after 'distillation attack' accusationSpaceX President Gwynne Shotwell to donate stock to Trump AccountsMicrosoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studiosFor Tim Cook, Apple's outgoing CEO, the agreement marks his latest push to invest in American manufacturing, a major point of emphasis for the Trump administration. It's the biggest piece of his company's $600 billion, four-year U.S. investment plan, announced in 2025, and marks the largest commitment to date under its American Manufacturing Program, or AMP, launched to expand domestic production across its supply chain.
"Apple has been working with the Administration and businesses across the U.S. to help create an end-to-end silicon supply chain in America, and today's announcement advances those efforts," Apple said in the release.
Cook said the components built in Fort Collins are "essential" to the performance and connectivity Apple customers expect, and he thanked President Donald Trump and his administration for supporting the project.
Broadcom CEO Hock Tan said Apple's commitment will help the chipmaker expand its manufacturing footprint in Fort Collins.
Item 1 of 2 A man walks past an Apple logo outside an Apple store in Aix-en Provence, France, January 15, 2025. REUTERS/Manon Cruz
[1/2]A man walks past an Apple logo outside an Apple store in Aix-en Provence, France, January 15, 2025. REUTERS/Manon Cruz Purchase Licensing Rights, opens new tab
SAN FRANCISCO, July 8 (Reuters) - Apple (AAPL.O), opens new tab plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom (AVGO.O), opens new tab that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday.
Broadcom disclosed on Monday it had secured a long-term supply deal through 2031 with the iPhone maker. On Wednesday, Apple said the deal will involve a radiofrequency chip called FBAR filters that will help Apple devices communicate wirelessly and which Apple has been working with Broadcom to develop since at least 2023.
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As part of the deal, Broadcom will spend $1.5 billion to expand a factory in Fort Collins, Colorado. Apple said that the deal, which will result in the production of at least 15 billion chips, is part of its work with U.S. President Donald Trump's administration to source more of its chips from the U.S.
"The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we’re proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation," Apple CEO Tim Cook said in a statement.
"We’re grateful to the president and his administration for supporting important projects like this."
Reporting by Stephen Nellis in San Francisco; Editing by Muralikumar Anantharaman
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Zhipu issues 19.8 million H shares via private placement.
According to Bloomberg, Zhipu issued 19.8 million H shares via a private placement, with the offering price ranging from HK$1,588 to HK$1,698 per share.
Bitget announced that its stock token (rToken) product has surpassed $100 million in assets under management (AUM) one month after launch. As of July 6, the number of users trading related assets exceeded 100,000, with cumulative trading volume hitting $671.37 million. In terms of asset distribution, rSPCX is currently the rToken with the highest total value locked (TVL), accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38% respectively. Overall rankings indicate that early demand for rTokens is primarily driven by high-profile private market assets and tech-related targets, with AI infrastructure assets emerging as a key demand cluster spanning networking, chips, storage, semiconductors and other sectors. It is learned that rTokens, marked by the letter "r" plus the stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, Bitget’s licensed Real-World Asset (RWA) protocol, and connect directly to global liquidity pools including the Nasdaq and New York Stock Exchange via a partnership with regulated broker Alpaca. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed proportionally in token form, synchronized mapping of corporate actions such as stock splits and consolidations, and holdings eligible as combined margin for unified accounts and USDT-denominated contracts—enabling users to flexibly manage funds while holding global stock assets.
13 minutes ago
People's Bank of China: It will continue to implement a moderately loose monetary policy and step up counter-cyclical and cross-cyclical regulation.
The Monetary Policy Committee of the People's Bank of China (PBoC) held its second-quarter 2026 regular meeting. The meeting analyzed domestic and international economic and financial conditions, noting that the current external environment has grown more complex and volatile, global economic growth momentum remains weak, geopolitical conflicts and economic and trade frictions are frequent, major economies show divergent performance, and uncertainties persist over inflation trends and monetary policy adjustments. China’s economy as a whole remains stable, advancing toward higher-quality development and new growth drivers, with new progress made in high-quality development, though it still faces challenges including strong supply relative to weak demand, structural divergence, and external shocks. The meeting stated that it will continue implementing a moderately loose monetary policy, step up counter-cyclical and cross-cyclical regulation, better leverage the dual functions of monetary policy tools in aggregate and structural terms, strengthen coordination between monetary and fiscal policies, and promote stable economic growth and a reasonable rebound in prices.
13 minutes ago
FalconX withdrew 73,900 HYPE tokens from Gate over the past seven minutes, worth approximately $5.03 million.
According to monitoring by Onchain Lens, FalconX withdrew 73,900 HYPE tokens from Gate.io over the past seven minutes, valued at approximately $5.03 million.
13 minutes ago
EDGE surges over 48% in 24 hours, currently trading at $0.504.
According to HTX market data, EDGE has surged over 48% in the past 24 hours, currently trading at $0.504.
13 minutes ago
ZachXBT: LAB has been subject to extreme price manipulation on centralized exchanges (CEXs), and trading LAB is not recommended.
On-chain sleuth ZachXBT reported that LAB has plunged 85% over the past 24 hours, dropping from $14 to just under $2. At the $14 price level, its fully diluted valuation (FDV) reached $14 billion. Disappointingly, Binance, Bitget, and Gate failed to take action earlier to prevent this incident. He stated that if centralized exchanges (CEXs) truly prioritize their users, they should at minimum distribute profits generated by price-manipulating accounts to users. ZachXBT also added that LAB investor unlocks were originally scheduled to begin later this month, but multiple late-stage vesting period adjustments have occurred previously. He alleged that insiders control the entire circulating supply and have executed extreme price manipulation on CEXs through market makers. Trading LAB is not encouraged under any circumstances.
South Korean financial super-app Toss has signed a strategic agreement with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won-linked stablecoins through a three-month technology verification program.
Summary
Toss has partnered with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won linked stablecoins over the next three months. The companies will evaluate payment settlement, compliance requirements and privacy protection using Optimism’s OP Stack and Sunnyside Labs’ Privacy Boost technology. The project will assess whether public blockchain infrastructure can meet institutional financial standards while supporting secure and scalable digital payments. According to a press release shared with crypto.news, the financial technology company will work with Ethereum layer 2 network Optimism and privacy technology developer Sunnyside Labs to examine whether blockchain infrastructure can support institutional payment systems while meeting financial regulations in South Korea. The companies will carry out a proof-of-concept (PoC) over the next three months.
Three areas under review As part of the project, the companies will evaluate whether financial institutions can directly manage payment and settlement processes, comply with customer identification and anti-money laundering requirements, and protect sensitive transaction information while operating on a public blockchain.
Those requirements form the basis of the technical assessment, with Optimism providing blockchain infrastructure through its OP Stack technology while Sunnyside Labs, one of the network’s core developers, will integrate its Privacy Boost solution to address confidentiality concerns.
Privacy Boost is designed to solve one of the key limitations of public blockchains, where transaction details and wallet balances are generally visible to network participants. According to the companies, the technology allows sensitive financial data to remain private while still enabling regulated institutions to verify transactions and maintain existing compliance standards.
The companies also said the system is built to support high transaction volumes, making it suitable for payment services that process large numbers of users simultaneously.
Toss, which serves around 30 million users and supports more than 500,000 online and offline merchants, plans to gradually expand blockchain-based experiments across its payment and platform services.
A Toss official said the project is intended to verify infrastructure that combines Ethereum’s security with a dedicated network built for local currency-based financial services while allowing interoperability with other blockchain ecosystems.
OP Stack selected for infrastructure testing At the center of the verification is OP Stack, Optimism’s modular blockchain framework that supports dedicated application-specific chains while relying on Ethereum for security and settlement. Layer 2 networks process transactions separately from Ethereum before finalising them on the main chain, helping reduce costs and improve transaction speeds.
According to Toss, the companies will examine whether OP Stack can support a blockchain-based financial network tailored for Korean digital payment services instead of relying on shared public infrastructure.
Optimism’s technology is already used by more than 30 blockchain networks, including projects developed by Sony, World Chain, Uniswap, OKX Layer, and Kraken. The company also offers institutional deployments designed to satisfy regulatory and security requirements, with regulated financial firms such as Europe’s Bitpanda already adopting the technology.
The collaboration comes weeks after Optimism completed a 4-week experiment on its OP mainnet that tested stake-based transaction ordering alongside its existing gas-fee system. The pilot explored whether staking incentives could improve transaction prioritisation without changing the experience for regular users, adding to the network’s ongoing work on blockchain infrastructure.
Memory is trying to rebrand itself from boom-bust commodity to AI infrastructure toll road, but the market is not ready to erase decades of cyclicality.
Long-term agreements are the key structural shift: deposits, price floors and multi-year supply commitments can reduce downside risk.
The trade-off is upside. If chipmakers sell too much volatility back to customers, they may protect margins but cap the very earnings torque investors are paying for.
SK Hynix’s US listing is less about prestige and more about proof. New York wants evidence that AI memory earnings are durable, not just another cycle dressed in Nvidia-era clothing.
Memory chips have always been the market’s most glamorous steel mill: brilliant at the top of the cycle, brutal at the bottom, and forever trying to convince investors that this time the furnace will not cool.
That is the real question hanging over SK Hynix’s $28 billion US listing. The ADRs may begin trading into one of the most powerful AI memory booms in history, but the market is already asking the uncomfortable question: can the memory makers finally break the old boom-bust curse, or are they merely standing at the sunniest point of another cycle?
On the surface, the story looks almost too good to challenge. AI demand has turned high-bandwidth memory into the new strategic ore of the digital economy. SK Hynix, Micron and Samsung sit inside an oligopoly at the very moment the hyperscalers are scrambling for supply. Margins are fat, pricing is firm, and the industry has the kind of customer desperation every commodity producer dreams about.
But memory has always had a cruel habit of making geniuses at the top and ghosts at the bottom. That is why investors have started to look past the record earnings and ask whether the structure has really changed. Micron and SK Hynix may have entered the trillion-dollar conversation, but their share-price volatility says the market has not forgotten the old graveyard. Michael Burry’s short in Micron landed because the line was familiar: this is still a business that has historically defined cyclicality.
Samsung’s 8% drop despite a preliminary earnings beat was another warning flare. In this market, one strong quarter is not enough. Investors are no longer paying simply for today’s earnings. They are paying for proof that tomorrow’s earnings will not vanish when supply catches up, customers pause, or China decides to flood the field. CXMT and other aggressive entrants are not the immediate hurricane, but they are the clouds building on the horizon.
That is where long-term agreements become the industry’s attempt to turn a rollercoaster into a toll road.
Micron has shown the blueprint. Five-year customer agreements. Cash deposits to secure supply. A price band with a ceiling linked to prevailing market prices and a floor that still protects unusually high margins. In plain trader language, the chipmakers are trying to sell some upside volatility in exchange for a harder earnings floor. They are writing covered calls on the boom to buy insurance against the bust.
That may be the closest thing memory has to a supercycle argument. If customers are desperate enough to prepay, and if those prepayments make it costly to walk away when the cycle turns, then the old spot-market trap becomes less deadly. The industry no longer has to live entirely hand-to-mouth on the next quarterly price reset.
But there is no free lunch in semis. The more downside protection Micron, SK Hynix and others lock in, the more upside they likely surrender. That matters because the current profit surge is not being driven by explosive volume growth alone. Micron’s DRAM shipments rose only in the low single digits in its latest quarter, while average selling prices jumped more than 60%. In other words, the magic is still in pricing. Give away too much of that upside, and investors may start asking whether the companies have swapped a rocket ship for an annuity.
The other risk is contract timing. If all the agreements mature at the same time, the industry could create its own version of a patent cliff. One day the floors are there, the next day the market is back in the wild. Staggering those agreements will matter almost as much as signing them. Stability is only valuable if it does not expire all at once.
For SK Hynix, the US listing raises the disclosure bar. Stateside investors will not give the company the same benefit of the doubt as local investors who have followed the Korean memory cycle for years. If SK Hynix wants to be valued as something more durable than a cyclical chip pure play, it will need to explain the quality, duration and pricing mechanics of its customer agreements with far more clarity. The market will want to know not just how much memory it can sell. It will want to know how much of the future has already been de-risked.
That is the bigger test. The trillion-dollar club is not just about prestige. It is about convincing investors that earnings have become less perishable. Memory makers do not need to prove they can print money during a shortage. They have done that before. They need to prove they can keep printing acceptable returns when the shortage fades, when customers regain bargaining power, and when the next wave of capacity comes over the hill.
So yes, the circle can be bent. Long-term agreements can soften the old violence of the cycle, lock customers into supply, and give the memory makers a sturdier floor than they had in previous booms.
But broken? Not yet.
For now, memory remains a cyclical animal wearing an AI crown. The contracts may tame the beast, but they have not domesticated it. And that is why SK Hynix’s New York debut is not just another victory lap for the AI trade. It is a public audition for the idea that this time, the industry can keep the music playing after the boom stops shouting.
The Euro (EUR) is trading flat against the British Pound (GBP) on Wednesday, with bears contained above 0.8535 yet failing to find acceptance above 0.8650 so far. Price action shows a clear bearish trend, although the bullish divergence evident in the four-hour Relative Strength Index (RSI) suggests that sellers might be exhausted.
In the fundamental domain, geopolitical tensions are back in the spotlight as US President Donald Trump called the US-Iran ceasefire to an end. Oil prices have bounced up from recent lows, and risk appetite has vanished, which is weighing on any significant Euro recovery.
European Central Bank (ECB) board member José Luis Escrivá affirmed on Wednesday that the bank should keep all options open but that monetary policy would normally “look through one-off energy price shocks.” The Euro barely moved following Escrivá’s comments.
Technical Analysis: Bullish divergence hints at a potential correction
EUR/GBP trades at 0.8548, with price action forming what looks like an ending wedge. Momentum indicators in the four-hour chart hint at a potential correction amid the bullish divergence in RSI (14) studies and the marginally positive reading at the Moving Average Convergence Divergence (MACD) indicator.
Upside attempts, however, remain shallow so far, with bulls holding below the descending trendline from mid-June highs, now around 0.8565, and the July 2 and 3 highs, in the 0.8275 area. On the downside, initial support emerges at the confluence of the one-year lows, at 0.8533, hit on Tuesday, and the wedge bottom, in the 0.8530 area. Further down, the target is the July 2025 lows around 0.8500.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Euro Price Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.
USDEURGBPJPYCADAUDNZDCHFUSD0.05%0.13%0.24%-0.21%0.13%-0.33%-0.01%EUR-0.05%0.08%0.20%-0.26%0.09%-0.37%-0.06%GBP-0.13%-0.08%0.11%-0.34%-0.01%-0.45%-0.16%JPY-0.24%-0.20%-0.11%-0.45%-0.10%-0.57%-0.27%CAD0.21%0.26%0.34%0.45%0.35%-0.13%0.18%AUD-0.13%-0.09%0.00%0.10%-0.35%-0.46%-0.18%NZD0.33%0.37%0.45%0.57%0.13%0.46%0.29%CHF0.01%0.06%0.16%0.27%-0.18%0.18%-0.29% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
Bumble saw payers come in at -21% YoY in the first quarter of 2026, as management emphasized a reset of the user base. Despite steep payer losses, Bumble generated $73.8 million of free cash flow in Q1 2026 and could still produce meaningful cash if margins remain resilient. Bumble's new debt agreement comes with a double-digit interest rate and liquidity requirements, indicating that creditors view the company as a risky prospect.
Plenty of stocks pay dividends, but far fewer have raised their dividends every year. And only a tiny percentage have raised their dividends every year for more than 50 years. These stocks are known as Dividend Kings.
Once stocks get into the Dividend Kings club, they rarely leave. While 57 companies currently hold Dividend King status, in the last 10 years, only three companies have lost that status by cutting their dividends: materials company 3M, industrial parts maker Leggett & Platt, and clothing company VF Corp. The 57 that remain have some of the safest dividends out there.
Here are two of the best Dividend Kings to buy now and hold forever.
Image source: Getty Images.
1. Automatic Data Processing Payroll processor Automatic Data Processing (ADP +2.55%) is massive, serving 1 in 6 U.S. workers. The company also provides other HR services, such as benefits administration and recruitment/onboarding. It's a relatively new addition to the Dividend Kings list, with "only" 51 consecutive years of dividend increases.
Like many companies, ADP's stock has had a rough year, and it's currently trading more than 25% off its 2025 highs. With the current job market looking shaky, investors have likely been concerned about how well the payroll processor's revenue would hold up if unemployment soared.
Today's Change
(
2.55
%) $
6.11
Current Price
$
245.60
Luckily for long-term investors, this drop presents an attractive buying opportunity. ADP continued to increase its dividend through previous periods of high unemployment, including the 1982 recession's 10.8% unemployment, the Great Recession's 10% unemployment, and the COVID-19 pandemic's 14.8% unemployment rate. The current 4.2% unemployment rate looks tame by comparison, and the company's current 2.7% yield is on the higher end of the Dividend Kings' spectrum.
ADP has shown it can raise its dividend in good times and bad and looks like a great choice to buy and hold for the long term.
Image source: Getty Images.
2. Kenvue/Kimberly-Clark I know what you're thinking: this is clearly cheating! Not only did I pick two companies for one slot, but one of those companies didn't even exist until 2023!
Hear me out, though: Kenvue (KVUE +1.13%) inherited its Dividend King status from its former parent company (and fellow Dividend King) Johnson & Johnson (JNJ +3.12%), which spun off its consumer healthcare brand portfolio -- which generated $15 billion in annual sales from brands including Tylenol, Benadryl, Sudafed, Band-Aid, and Listerine -- as Kenvue in 2023.
Today's Change
(
1.13
%) $
0.22
Current Price
$
19.78
The new company immediately established a dividend payout that was substantially similar to the parent company's. Since the spinoff, it has continued to increase its dividend each year and currently yields 4.3%, more than twice that of its former parent.
But now, it looks like Kenvue might simply move from one Dividend King parent to another, because paper products giant Kimberly-Clark (KMB +1.53%) -- maker of Kleenex tissues, Huggies diapers, and Scott paper towels -- is seeking regulatory approval to merge with Kenvue. That merger is expected to be finalized later this year. Kimberly-Clark is also a Dividend King and its yield is currently 4.5%, so Kenvue's Dividend King status isn't in jeopardy.
If the merger goes through, Kenvue shareholders are expected to receive a combination of $3.50 in cash and roughly one-seventh of a Kimberly-Clark share for every Kenvue share they own. Dividend investors could buy Kimberly-Clark now, expecting a post-merger product portfolio that would look very similar to Procter & Gamble's. Or you could hedge your bets and pick up shares of Kenvue to own its strong brands in case the merger falls through for some reason.
Either way, Kenvue and Kimberly-Clark -- whether combined or not -- look set to continue reigning as Dividend Kings for years to come.
The company that famously told investors "Never sell your Bitcoin (BTC 1.65%)" is now selling its Bitcoin. After announcing a brand-new approach to Bitcoin on June 29, Michael Saylor's Strategy (MSTR 3.34%), formerly known as MicroStrategy, announced the massive sale of 3,558 BTC at a total price of $216 million.
Strategy has done its very best to convince investors that all this is being done to bolster long-term shareholder value and to put the company on a much stronger financial footing. But it's hard not to see that the wheels are coming off the Bitcoin treasury company wagon.
Strategy famously created the notion of the Bitcoin treasury company, and that's why its decision to sell some of its Bitcoin has been so highly debated. If a company set up solely to accumulate Bitcoin is now selling some of it, is the Bitcoin treasury company business model broken?
Image source: Getty Images.
The problem, quite frankly, is that the economic flywheel put in place to purchase Bitcoin is now showing signs of slowing. Instead of funding its Bitcoin purchases with cash, Strategy has been funding them with proceeds from its various preferred stock offerings.
However, to get investors to bite on these securities, they must offer a sizable dividend. For example, Strategy Variable Rate Perpetual Stretch Preferred Shares Series A ("Stretch") (STRC 2.50%) currently pays out an annualized dividend that yields 12%.
And that's where the Bitcoin sales come into play -- Strategy obviously needs more cash than originally anticipated to keep paying these dividends in the future. The whole point of the company's new Bitcoin monetization program is to sell Bitcoin and raise cash to keep all the pieces of the flywheel working in unison.
Just buy Bitcoin It's time to forgo all the pretense that investors can generate superior long-term returns by investing in a company that will buy Bitcoin for them. At the end of the day, investors should probably just buy Bitcoin directly.
Admittedly, there was a brief period of time when Strategy outperformed Bitcoin. But that time has come to an end. Year to date, Bitcoin is down 28%, while Strategy is down 36%.
Just look at the price of Strategy stock over the past 12 months. It has completely collapsed in value.
Today's Change
(
-3.34
%) $
-3.37
Current Price
$
97.40
For now, I'm avoiding Strategy and all other Bitcoin treasury companies. The risk is simply too great. If I'm buying Bitcoin, I'm buying it directly.
PORTLAND, Tenn., July 08, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2026 results before market open on Tuesday, August 4, 2026, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day.
Interested investors and other parties can access the live webcast through the Investor Relations section of the Company's website at https://investors.shoals.com. An archived replay of the webcast will be available shortly after the event concludes.
About Shoals Technologies Group, Inc.
Shoals Technologies Group is a leading manufacturer of advanced electrical infrastructure solutions for mission‑critical applications across utility‑scale solar, battery storage, and data center power systems. Since its founding in 1996, the Company has designed innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability at scale. Shoals Technologies Group is a recognized leader in the energy transition industry. For additional information, please visit: https://www.shoals.com.
Contacts:
Investor Relations:
Matt Tractenberg, VP of Finance and Investor Relations
Email: [email protected]
Media:
Lindsey Williams, VP of Marketing and External Communications
Email: [email protected]
MONTRÉAL, July 08, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce its second quarter 2026 preliminary deliveries, revenues and cash margin, as well as to provide an update on its cash and debt positions as at June 30th, 2026. All monetary amounts included in this report are expressed in United States dollars, unless otherwise noted.
Shares of Fortinet, Inc. (FTNT) gain 7,651% since institutions first bought big in 2010.
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FTNT offers cybersecurity solutions and services to enterprises, communication service providers, governments, and small to medium-sized businesses, with heavy demand currently for its AI offerings. The company’s first-quarter fiscal 2026 earnings report showed $1.85 billion in quarterly revenue (a 20% year-over-year jump), non-GAAP per-share earnings of $0.82 (a 41.4% rise), and full-year guidance calling for up to $7.87 billion in revenue.
It’s no wonder FTNT shares are up 100% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Fortinet Attracting Inflows Institutional volumes reveal plenty. In the last year, FTNT has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in FTNT shares. They reflect our proprietary inflow signal, pushing the stock higher:
Source: www.moneyflows.com Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Fortinet.
Fortinet Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, FTNT has had strong sales and earnings growth:
Also, EPS is estimated to ramp higher this year by +8.5%.
Now it makes sense why the stock has been generating Big Money interest. FTNT has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
Fortinet has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s generated 116 outlier inflow signals since 2010 and is up 7,651% since the first one. The blue bars below show when FTNT was a top pick on the Outlier 20 report in the last decade…Big Money remains a buyer:
Source: www.moneyflows.com Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Fortinet Price Prediction The FTNT action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in FTNT at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights.
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Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ:GTM) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
Key Details of the ZoomInfo ($GTM) Class Action:
Lead Plaintiff Deadline: August 24, 2026Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo’s AI-integrated products on customer retentionStock Drop: May 12, 2026 2026 – 33% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights
Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.
Why is ZoomInfo Being Sued for Securities Fraud?
ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo’s stock price caused significant losses to investors.
ZoomInfo provides go-to-market (“GTM”) intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals.
Throughout the relevant period, ZoomInfo allegedly stated that “the demand for AI for GTM is evident up and down our customer stack.” According to ZoomInfo, its “innovative go-to-market AI” was “driving stronger daily engagement from a diverse set of go-to-market personas.”
On February 9, 2026, ZoomInfo issued its 2026 revenue guidance “in the range of $1.247 billion to $1.267 billion,” because “in 2026, our focus is on bringing” ZoomInfo’s “all-in-one AI platform for go-to-market teams . . . to our customers at scale.”
In truth, as alleged, ZoomInfo’s customer retention declined as customers were rejecting ZoomInfo’s AI products.
Why did ZoomInfo’s Stock Drop?
On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth “regressed” due to “AI and agentic confusion” leading to “a pause in [customers’] purchasing decisions[.]”
This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
What Can You Do?
If you invested in ZoomInfo, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
The NFL today announced that the league's Global Partner, NetApp (NASDAQ: NTAP), the Intelligent Data Infrastructure company, will return as Presenting Partner
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Baiju Bhatt said he will buy a Ferrari Luce for his wife to drive. IMF Baiju Bhatt has heard the criticism around the Ferrari Luce. He's buying the polarizing EV anyway.
"Of course it's controversial. What did anyone expect?" Bhatt, the Robinhood cofounder, told Business Insider. "It's an electric car from a company that makes V-12s that run on dragon's blood that breathe fire out of the exhaust pipes."
For decades, Ferrari has built its identity around screaming internal-combustion engines bolted into low-slung sports cars. The Luce pushes the brand into unfamiliar territory: a quiet, four-door, five-seat electric Ferrari with a design shaped in part by one of Apple's most famous alums.
That departure has made the car a lightning rod among Ferrari fans. Online, critics have compared its rounded, midsize SUV-like silhouette to far less exotic EVs, including the $30,000 Nissan Leaf.
Bhatt — who is now leading Cowboy Space Corporation, an orbital-infrastructure startup formerly known as Aetherflux — is part of a small group of people with enough funds to buy a Ferrari. Forbes lists his net worth at $6.6 billion.
He recently revealed he was splashing out on the Luce during an interview on the tech podcast TBPN, largely because of its designer.
"I got it because I'm a huge Jony Ive fanboy," he said on the pod, referring to the famed former Apple design chief, whose firm LoveFrom worked on the car. Ive's fingerprints are all over the car, from its tactile interior buttons to its slippery exterior panels.
Bhatt told Business Insider he's "a fan of many of the unexpected elements" of the Luce's design — including the handlebar on the pivoting infotainment screen and the steering wheel that reminds him of iconic Ferraris from the 1970s and 1980s.
"The Luce also strikes an unexpected balance of new and vintage," Bhatt said. "Very cool."
Still, for all the design admiration, Bhatt said on TBPN that he might not spend much time in the hypercar's cockpit: "I'm going to confess right now, I'm going to probably make my wife drive it. It's probably going to be the baby-mobile."
The Luce is an extravagant candidate for a family hauler. Ferrari's first fully electric model has four doors, five seats, four electric motors, 1,035 horsepower, and a starting price of roughly $640,000. It can accelerate from 0 to 62 mph in about 2.5 seconds.
Bhatt told Business Insider he's going to stick with his Ferrari 12Cilindri Manuale — the company's new manual-shifting racer — as his daily driver. "It's about damn time they brought back the third pedal," he said about Ferrari's recent 14-year absence from building stick shift models.
As for the social media derision around his new EV, Bhatt said he's going to ignore the haters.
"I appreciate opinions, but I don't make decisions about a car — or anything really — until I have had time to use it, test it out, and experience it myself," he said.
So yes, Bhatt is buying the quiet, SUV-ish Ferrari EV for his family. But his heart may still belong to the kind that makes noise — and asks drivers to shift for themselves.
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Ben Shimkus You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Ben Shimkus is a reporter for the Business News desk. He writes about cars, transportation, retail, and jobs. Ben's reporting has appeared in Rolling Stone, The Verge, Automotive News, USA Today, AutoBody News, LGBTQ Nation, TopSpeed, and Out Magazine. He's also held staff writing positions at The U.S. Sun and the Daily Mail. He graduated from NYU with a Master's in journalism in 2024. Email Ben at [email protected] or message him privately on Signal at bshimkus.41.
NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (LP; NYSE: LPX), a leading manufacturer of high-performance building products, today announced that it will report financial results for the second quarter of 2026 on Wednesday, Aug. 5, 2026.
LP will host a conference call at 11 a.m. ET that day to discuss the results. LP Chief Executive Officer Jason Ringblom, Executive Vice President & Chief Financial Officer Alan Haughie, and Vice President, Investor Relations, Financial Planning & Analysis, Corporate Development Aaron Howald will host the call.
To access the conference call, register here to receive dial-in information and an access code. A live webcast and accompanying presentation will be available on LP’s Investor Relations website. A replay of the webcast will be available following the call.
About LP Building Solutions
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers, and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes siding (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® FlameBlock® Fire-Rated Sheathing, LP BurnGuard™ FRT OSB, LP WeatherLogic® Air & Water Barrier, LP® TechShield® Radiant Barrier Sheathing, LP Legacy® Premium Sub-Flooring, and LP® TopNotch® 350 Durable Sub-Flooring), and LP® Oriented Strand Board. In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates more than 20 manufacturing facilities across North and South America. For more information, visit LPCorp.com.
