Kratos a GE Aerospace získaly od amerického letectva kontrakt Engineering, Manufacturing and Development (EMD) na motor GEK800, nyní označený jako F143-ZZ-100, pro JASSM jako druhý zdroj pohonu.
Engine selected as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile (JASSM), advancing the program to deliver small, low-cost, high-performance engines for missiles and uncrewed platforms | Source: Kratos Defense & Security Solutions, Inc.
SAN DIEGO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, and GE Aerospace (NYSE: GE) today announced that the GEK800 engine, which received the U.S. Military Engine Type Designation F143-ZZ-100, has been awarded a contract with the United States Air Force for the Engineering, Manufacturing and Development (EMD) of the turbofan as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile (JASSM).
The designation and contract mark advancement of the program designed to provide small, low-cost, high-performance engines for use in cruise missiles, collaborative combat-type aircraft, and other uncrewed aerial vehicles.
“The F143-ZZ-100 designation and EMD award are a testament to the strong performance and capability of the GEK800 engine and the strength of our partnership with Kratos. This reflects years of disciplined engineering to deliver propulsion systems that meet the evolving, mission-critical requirements of our military customers,” said Amy Gowder, President and CEO of GE Aerospace Defense & Systems.
“Kratos has been working with our outstanding partner GE Aerospace and the United States Air Force to support the Department of War in reindustrializing U.S. manufacturing capacity and capability in the area of low cost, rapidly manufacturable, in large quantities, jet engines for drones, cruise missiles and other systems. Kratos and GE Aerospace are making significant investments with our government partners, to support U.S. National Security priorities,” said Eric DeMarco, President and CEO of Kratos.
The GEK800, now designated the F143, is an 800-lb thrust turbofan engine designed to power long-range missiles and other uncrewed applications. With a combination of internal investment plus support and funding from the Air Force Research Laboratory (AFRL), Kratos and GE Aerospace began working together in 2023 to complete a Technology Maturation and Risk Reduction (TMRR) phase including testing of the engine. The joint team has completed more than 50 engine starts in ground testing at Kratos and GE Aerospace testing facilities, and in 2025 successfully completed altitude testing at Purdue University’s Maurice J. Zucrow Laboratories.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for C2 and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com and follow Kratos on LinkedIn and X.
About GE Aerospace
GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 49,000 commercial and 29,000 military aircraft engines. With a global team of approximately 53,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow, and the future at www.geaerospace.com.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 28, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
LNG Energy Group uzavřela první tranši neveřejného umístění a vydala 9 438 071 jednotek po C$0,05 za kus, což přineslo přibližně C$471 903. Výnosy mají být použity na splnění zveřejňovacích povinností a podání žádosti o úplné zrušení FFCTO.
Not for distribution to United States newswire services or for dissemination in the United States
TORONTO, ON / ACCESS Newswire / August 17, 2026 / LNG Energy Group Corp. (TSXV:LNGE)(TSXV:LNGE.WT)(OTC PINK:LNGNF)(FWB:E26) (the "Company" or "LNG Energy Group") is pleased to announce that, further to its news releases dated May 1, 2026, July 28, 2026 and August 6, 2026, it has completed the first tranche (the "First Tranche") of its previously announced non-brokered private placement financing (the "Private Placement") of units of the Company ("Units"). The Company issued 9,438,071 Units at a price of C$0.05 per Unit for aggregate gross proceeds of approximately C$471,903.
Each Unit consists of one (1) common share of the Company (each, a "Common Share"), and one (1) Common Share purchase warrant (each, a "Warrant"), with each Warrant exercisable to acquire one Common Share at a price of C$0.10 per share for a period of 36 months from the date of issuance.
The First Tranche was completed in accordance with the terms of the partial revocation orders (the "Partial Revocation Orders") issued by the Ontario Securities Commission (the "OSC") on April 23, 2026 and August 6, 2026, each of which partially revoked the failure-to-file cease trade order issued by the OSC against the Company on May 7, 2025 (the "FFCTO") for purposes of permitting the Company to complete the Private Placement.
Prior to closing of the First Tranche, each subscriber of the Private Placement (collectively, the "Subscribers"): (i) received copies of the FFCTO and the Partial Revocation Orders, and (ii) delivered an acknowledgement to the Company confirming that all of the Company's securities, including the Units and the underlying securities issued in connection with the Private Placement, will remain subject to the FFCTO unless and until the FFCTO is fully revoked, and that the granting of the Partial Revocation Orders by the OSC does not guarantee that a full revocation of the FFCTO will be granted in the future.
The First Tranche included subscriptions from insiders of the Company for an aggregate of 1,982,688 Units or approximately C$99,134. This participation by insiders of the Company constitutes "related party transactions" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions ("MI 61-101"). For these transactions, the Company has relied on the exemption from the formal valuation requirement contained in Section 5.5(a) of MI 61-101 and has relied on the exemption from the minority shareholder requirements contained in Section 5.7(1)(a) of MI 61-101, as well as the corresponding exemptions contained in Policy 5.9 of the TSX Venture Exchange (the "TSXV").
The Units issued pursuant to the First Tranche are subject to a hold period of four months and one day from the date of issuance in accordance with the policies of the TSXV and applicable securities legislation, which expires on December 15, 2026.
All of the Company's securities, including the Units and underlying securities issued in connection with the Private Placement, will remain subject to the FFCTO unless and until the FFCTO has been fully revoked. The Company intends to use the proceeds from the Private Placement to satisfy its outstanding continuous disclosure obligations and to apply for a full revocation of the FFCTO; however, there can be no assurance that a full revocation order will be obtained.
The closing of the First Tranche of Private Placement remains subject to the final acceptance of the TSXV. The Company anticipates closing a second tranche of the Private Placement on the week commencing on August 24 and may conduct additional closings prior to the expiry of the Partial Revocation Order.
The securities issued pursuant to the Private Placement have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons absent registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an exemption therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About LNG Energy Group
The Company is focused on the acquisition and development of natural gas production and exploration assets in Latin America. For more information, please visit www.lngenergygroup.com.
For more information please contact:
Angel Roa, Chief Financial Officer LNG Energy Group Corp.
Website: www.lngenergygroup.com
Email: [email protected]
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements, and are based on expectations, estimates and projections as at the date of this news release that reflect the current views and/or expectations of management of LNG Energy Group with respect to performance, business and future events. Forward-looking information can often be identified by words such as "may", "will", "would", "could", "should", "believes", "estimates", "projects", "potential", "expects", "plans", "intends", "anticipates", "targeted", "continues", "forecasts", "designed", "goal", or the negative of those words or other similar or comparable words. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which LNG Energy Group operates, in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances, and that while considered reasonable, are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking information. There can be no assurance that such statements will prove to be accurate, and accordingly, readers should not place undue reliance on the forward-looking statements contained in this news release. LNG Energy Group does not undertake any obligation to release publicly any revisions or update any voluntary forward-looking statements, except as required by applicable securities law, whether they change as a result of new information, future events or otherwise.
This news release includes, but is not limited to, forward-looking statements relating to: the timing, terms and completion of the Private Placement, the use of funds from the Private Placement, approval of the Private Placement (including approvals of the TSXV), the Company preparing and filing all outstanding continuous disclosure documents, and the Company applying for and receiving a full revocation of the FFCTO. Forward-looking statements in this press release are based on certain assumptions, namely: the ability of the Company to continue as a going concern, the ability of the Company to complete the Private Placement, the ability of the Company to use the funds from the Private Placement as intended, the ability of the Company to prepare and file all outstanding continuous disclosure documents and the Company's ability to apply for and receive a full revocation of the FFCTO. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties, including, but not limited to: the inability of the Company to complete the Private Placement, the inability of the Company to obtain approval from the TSXV, the inability of the Company to use the funds from the Private Placement for the intended purposes, the inability of the Company to prepare and file all outstanding continuous disclosure documents and the inability of the Company to have the FFCTO fully revoked. The Company's actual decisions, activities, results, performance, or achievement could differ materially from those expressed in, or implied by, such forward- looking statements and accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do, what benefits that the Company will derive from them.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Focus Partners Advisor Solutions LLC ve 2. čtvrtletí koupila nový podíl v McKesson za zhruba 1,286 mil. USD. McKesson zároveň oznámila vyšší čtvrtletní dividendu ve výši 0,94 USD na akcii.
Focus Partners Advisor Solutions LLC acquired a new stake in shares of McKesson Corporation (NYSE:MCK – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,702 shares of the company’s stock, valued at approximately $1,286,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of MCK. University of Texas Texas AM Investment Management Co. purchased a new position in McKesson during the fourth quarter valued at $25,000. Swiss RE Ltd. purchased a new stake in McKesson in the fourth quarter worth about $26,000. State of Wyoming purchased a new stake in McKesson in the second quarter worth about $29,000. Kingdom Financial Group LLC. bought a new position in shares of McKesson in the fourth quarter worth about $33,000. Finally, Birchwood Financial Partners Inc. bought a new position in shares of McKesson in the fourth quarter worth about $33,000. 85.07% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of research analysts recently issued reports on the company. Weiss Ratings downgraded McKesson from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 7th. Morgan Stanley restated an “overweight” rating on shares of McKesson in a research note on Friday, August 7th. William Blair started coverage on shares of McKesson in a report on Tuesday, April 28th. They set an “outperform” rating on the stock. TD Cowen increased their price objective on shares of McKesson from $989.00 to $1,006.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Citigroup increased their price objective on shares of McKesson from $945.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, McKesson presently has an average rating of “Moderate Buy” and an average price target of $977.00.
Read Our Latest Report on McKesson
McKesson Trading Down 0.0% Shares of MCK opened at $868.72 on Monday. The business’s 50 day moving average is $813.45 and its 200 day moving average is $842.94. The company has a market capitalization of $101.28 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 1.71 and a beta of 0.30. McKesson Corporation has a 12-month low of $667.50 and a 12-month high of $999.00.
McKesson (NYSE:MCK – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $9.93 EPS for the quarter, topping analysts’ consensus estimates of $9.56 by $0.37. McKesson had a negative return on equity of 253.21% and a net margin of 1.12%.The company had revenue of $105.38 billion for the quarter, compared to analysts’ expectations of $103.88 billion. During the same period in the previous year, the firm earned $8.26 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. McKesson has set its FY 2027 guidance at 44.200-45.000 EPS. Equities research analysts predict that McKesson Corporation will post 44.65 earnings per share for the current year.
McKesson Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 0.4%. This is a boost from McKesson’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Tuesday, September 1st. McKesson’s payout ratio is presently 8.78%.
Insider Activity In related news, EVP Michele Lau sold 3,550 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $761.09, for a total transaction of $2,701,869.50. Following the completion of the transaction, the executive vice president owned 3,247 shares in the company, valued at approximately $2,471,259.23. This represents a 52.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bradley E. Lerman sold 301 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $892.33, for a total transaction of $268,591.33. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,049 shares of company stock valued at $22,530,626 in the last quarter. Company insiders own 0.06% of the company’s stock.
McKesson Profile (Free Report)
McKesson Corporation (NYSE: MCK) is a global healthcare services and distribution company that supplies pharmaceuticals, medical-surgical products and health care technology solutions. Founded in 1833 and headquartered in Irving, Texas, McKesson operates across the drug distribution and healthcare services value chain, connecting manufacturers, pharmacies, hospitals and health systems to help manage the movement of medicines and clinical supplies.
The company’s core activities include pharmaceutical wholesale distribution and logistics, specialty pharmacy services, and the provision of medical-surgical supplies to acute and non-acute care providers.
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Otis will return to the building to modernize existing elevators and support the next phase of development
, /PRNewswire/ -- Otis has been selected once again to provide advanced modernization and vertical transportation solutions for Tianjin 117 Tower, a nearly 600-meter supertall landmark. It is the tallest building currently under construction in China and when complete, it will be China's third-tallest building, and host China's highest occupied floor at more than 584 meters1. Otis will provide 251 elevators and escalators across the tower, helping raise China's urban skyline to new heights. Otis (NYSE: OTIS) is the world's leading elevator and escalator manufacturing, installation, service and modernization company.
An Otis SkyMotion™ machine, which powers the Otis SkyRise™ elevator, is hoisted into the Tianjin 117 Tower. Otis will provide 251 elevators and escalators to the tower. The project brings together Otis' global high-rise expertise and innovation strength in China.
"Tianjin 117 Tower is an extraordinary project that reflects the future of high-rise mobility in China," said Sally Loh, President, Otis Greater China. "By combining our pioneering Otis SkyRise technology, digital service capabilities and local manufacturing expertise, Otis is proud to support this landmark and help shape how people move through, experience and interact with one of China's most ambitious developments."
Named for its 117 above-ground floors, Tianjin 117 Tower is located in Tianjin, North China, and rises to a structural height of nearly 600 meters.
Otis was selected to provide elevators and escalators to the Tianjin 117 Tower in its first phase of construction in 2013, and now has been selected as the sole provider of the project's integrated vertical transportation solution. Otis will modernize and refurbish existing elevators and escalators, install new ones, and provide expert Service designed to help the tower operate safely, reliably and efficiently.
Record-Setting High-Rise Technology
The Tianjin 117 project is poised to set four high-rise mobility records:
53 Otis SkyRise double-deck and super double-deck elevators, the most Otis double-deck elevators in a single building. 2 Otis SkyRise elevators with maximum rises of more than 597 meters, the world's longest elevator hoistways in a building2. 3 Otis SkyRise super double-deck elevators traveling at up to 10 meters per second and reaching up to 463 meters, making them Otis' fastest and highest-rise super double-deck elevators of their kind. 2 Otis SkyRise double-deck elevators traveling at speeds of up to 12 meters per second, the fastest in the Otis portfolio. Integrated Solutions Designed for Performance and Efficiency
High-speed ride comfort: Otis SkyRise elevators use aerodynamic cab design, computational fluid dynamics simulation and wind-tunnel testing to help reduce wind noise and pressure changes. Energy efficiency: Otis ReGen™ drive technology feeds electrical energy back into the building power grid during braking, which can then be used to drive other equipment in the building. Connected performance: The Otis Panorama™ 3 elevator management system and Otis ONE™ IoT service technology use real-time monitoring, traffic forecasting, intelligent dispatching and data-driven insights to support reliable operations and predictive maintenance. The solutions for Tianjin 117 Tower also include digitally native Otis Gen3™ elevators, and Otis Link™ and Public escalators. Together, these solutions show how Otis combines product innovation, digital capability and service expertise to support customers' most demanding mobility needs.
Delivering at Scale
The scale and complexity of Tianjin 117 Tower require disciplined execution and rigorous attention to safety, quality and schedule. Otis mobilized a strong project team to manage design, installation, commissioning, inspection and project management while working closely with the customer to accelerate progress and maintain strict execution standards.
To meet demanding project timelines, more than 100 Otis field professionals remained working on site during the Spring Festival period, reflecting Otis' capabilities and dedication to coordinate complex work at scale and deliver for customers on major engineering projects.
The project reinforces Otis' proven strength in high-rise mobility and long-term commitment to supporting China's urban development through safe, smart and connected movement.
About Otis
Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.
What equipment is Otis providing to the Tianjin 117 Tower?
The Tianjin 117 Tower is the tallest building currently under construction in China. At 596.6 meters, when completed, it will be the tallest building in northern China, the third-tallest building in China, and it will have the highest occupied floor in China, at 584.1 meters.
Otis was selected to provide elevators and escalators to the building in its first phase of construction in 2013, and now will modernize and refurbish existing elevators and escalators and install new ones.
Otis is providing a total of 251 elevators and escalators for the Tianjin 117 Tower, including Otis SkyRise elevators in single, double and super double-deck configurations, digitally native Otis Gen3 elevators, Otis Link escalators, designed for commercial settings, and Otis Public escalators designed for high-traffic infrastructure environments.
What elevator records will the Tianjin 117 Tower hold?
The Tianjin 117 Tower will host the world's longest elevator hoistway in a building at more than 597 meters and the tallest Otis super double-deck elevator in the world at 463 meters. It will also have the most Otis double-deck elevators of any building at 53, and the fastest Otis double-deck elevators, with two units operating at 12 meters per second.
What are double-deck and super double-deck elevators?
Double-deck elevators have two cabs stacked on top of one another to serve adjacent floors with a single elevator hoistway. This can reduce elevator core space by up to 30 percent compared to using single-deck elevators. Super double-deck elevators similarly use two cabs, with a mechanism to adjust the distance between the cabs during travel to accommodate buildings with varying floor heights.
1 https://www.skyscrapercenter.com/building/tianjin-117-building/73 (Note: project-related information referenced in this release is based on information provided by the project stakeholders and other third parties.)
2 https://www.guinnessworldrecords.com/world-records/106868-tallest-elevator-in-a-building
Media Contact: Ed Jacovino, [email protected], +1 (860) 674-3351
Bloom Energy Corporation (NYSE:BE – Get Free Report) Director John Chambers sold 15,000 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $250.00, for a total value of $3,750,000.00. Following the sale, the director directly owned 208,333 shares of the company’s stock, valued at approximately $52,083,250. This trade represents a 6.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of NYSE BE opened at $230.10 on Monday. The company has a quick ratio of 3.41, a current ratio of 4.09 and a debt-to-equity ratio of 1.59. Bloom Energy Corporation has a 52 week low of $40.56 and a 52 week high of $351.28. The firm’s fifty day moving average is $248.28 and its 200 day moving average is $215.39. The company has a market cap of $67.77 billion, a price-to-earnings ratio of 306.80, a PEG ratio of 3.14 and a beta of 3.79.
Bloom Energy (NYSE:BE – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a net margin of 7.87% and a return on equity of 35.45%. The firm’s revenue was up 165.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 EPS. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. On average, equities research analysts expect that Bloom Energy Corporation will post 1.93 earnings per share for the current year.
Bloom Energy News Roundup Here are the key news stories impacting Bloom Energy this week: Positive Sentiment: AI power demand remains the primary bullish catalyst. Bloom’s fuel-cell systems are being marketed as a fast, deployable power source for hyperscale data centers facing grid-connection delays. Demand tied to CoreWeave’s expansion and a project involving NBIS reportedly strengthened the investment case. Bloom Energy Shares Jump Premarket as AI Power Crunch Drives Demand Positive Sentiment: Improving earnings expectations could support the stock. Analysts have been raising estimates for Bloom Energy, suggesting stronger expected demand and execution could help sustain near-term momentum. Earnings Estimates Rising for Bloom Energy Neutral Sentiment: Investors are debating whether the rally is justified. Bloom Energy has gained more than 400% over the past year as the AI-power theme accelerated. Supporters point to expanding business prospects, while skeptics argue the valuation already discounts substantial future growth. Bloom Energy Stock Has Exploded Negative Sentiment: Valuation and insider selling are notable risks. Reports cite an approximately 81-times forward price-to-earnings multiple and suggest insiders have been selling shares. Those factors raise the risk of profit-taking if growth or contract execution falls short of very optimistic expectations. Bloom Energy Stock Has Exploded Negative Sentiment: Multiple law firms are publicizing a securities class action. The lawsuit covers investors who purchased Bloom securities from February 27, 2025, through July 8, 2026, with a September 28, 2026 lead-plaintiff deadline. Allegations reportedly involve potentially inadequate disclosures concerning supply-chain exposure to Chinese scandium. The litigation creates reputational, financial and headline risk, although the allegations have not been proven. Kaplan Fox Advises Bloom Energy Investors Institutional Investors Weigh In On Bloom Energy Hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in Bloom Energy by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 5,277,461 shares of the company’s stock valued at $461,272,000 after buying an additional 269,662 shares during the period. Brooklands Fund Management Ltd bought a new position in shares of Bloom Energy in the 4th quarter worth about $347,560,000. Amundi lifted its position in Bloom Energy by 390.7% during the 4th quarter. Amundi now owns 3,154,197 shares of the company’s stock valued at $274,068,000 after acquiring an additional 2,511,426 shares during the period. Norges Bank purchased a new stake in Bloom Energy in the fourth quarter worth about $239,683,000. Finally, Jennison Associates LLC boosted its position in shares of Bloom Energy by 20,074.4% in the 1st quarter. Jennison Associates LLC now owns 2,687,029 shares of the company’s stock worth $364,066,000 after purchasing an additional 2,673,710 shares in the last quarter. 77.04% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth A number of brokerages recently issued reports on BE. JPMorgan Chase & Co. reduced their price target on Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Wall Street Zen upgraded Bloom Energy from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Citigroup restated a “hold” rating on shares of Bloom Energy in a report on Thursday, July 16th. Morgan Stanley reaffirmed an “overweight” rating and issued a $310.00 price target on shares of Bloom Energy in a research note on Wednesday, April 29th. Finally, Robert W. Baird reiterated an “outperform” rating and issued a $310.00 price target on shares of Bloom Energy in a report on Thursday, July 9th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.05.
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Bloom Energy Company Profile (Get Free Report)
Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.
Founded in 2001 by Dr.
Read More Five stocks we like better than Bloom Energy The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth
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Focus Partners Advisor Solutions LLC bought a new position in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,703 shares of the industrial products company’s stock, valued at approximately $914,000.
Other large investors have also bought and sold shares of the company. Torren Management LLC purchased a new position in shares of Applied Industrial Technologies during the 4th quarter valued at $25,000. Anchor Investment Management LLC purchased a new stake in Applied Industrial Technologies in the 4th quarter worth about $32,000. Smartleaf Asset Management LLC raised its stake in Applied Industrial Technologies by 78.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 177 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 78 shares during the period. Los Angeles Capital Management LLC bought a new stake in Applied Industrial Technologies in the 4th quarter valued at about $46,000. Finally, First Horizon Corp lifted its holdings in Applied Industrial Technologies by 48.9% during the fourth quarter. First Horizon Corp now owns 268 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 88 shares during the last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling In other Applied Industrial Technologies news, Director Madhuri A. Andrews sold 3,845 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the transaction, the director directly owned 4,951 shares in the company, valued at $1,633,285.39. This trade represents a 43.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is owned by insiders.
Analyst Ratings Changes A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Tuesday, July 21st. DA Davidson lifted their price objective on Applied Industrial Technologies from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Friday. Bank of America boosted their target price on Applied Industrial Technologies from $380.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Robert W. Baird upped their target price on Applied Industrial Technologies from $317.00 to $400.00 and gave the stock an “outperform” rating in a research note on Friday. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $384.29. Read Our Latest Stock Analysis on AIT
Key Stories Impacting Applied Industrial Technologies Here are the key news stories impacting Applied Industrial Technologies this week:
Positive Sentiment: Quarterly results beat expectations: Fiscal Q4 earnings were $3.17 per share versus the $2.92 consensus, while revenue reached approximately $1.35 billion-$1.4 billion, ahead of the $1.29 billion estimate. Sales rose about 10.5% year over year, helped by organic growth, while margin gains further supported the results. AIT Q4 Earnings Beat Estimates on Strong Organic Sales Growth Positive Sentiment: Constructive fiscal 2027 outlook: AIT forecast revenue of $5.2 billion-$5.3 billion and adjusted EPS of $11.65-$12.15. The company also increased its intermediate financial targets, signaling confidence in continued demand and operating improvement. Fiscal 2026 Results and Fiscal 2027 Guidance Positive Sentiment: Analysts raised targets and ratings: Mizuho lifted its target from $355 to $400 and upgraded AIT to “outperform.” Robert W. Baird also raised its target from $317 to $400 with an “outperform” rating, while DA Davidson increased its target from $380 to $400 and maintained a “buy” rating. Bank of America raised its target from $380 to $390 and assigned a “buy” rating. Mizuho Raises AIT Price Target Applied Industrial Technologies Stock Performance NYSE AIT opened at $362.18 on Monday. Applied Industrial Technologies, Inc. has a 52-week low of $238.34 and a 52-week high of $374.80. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.75 and a current ratio of 2.58. The company has a market capitalization of $13.39 billion, a P/E ratio of 33.05, a P/E/G ratio of 3.08 and a beta of 0.84. The company has a fifty day moving average of $337.04 and a 200-day moving average of $303.48.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last announced its earnings results on Thursday, August 13th. The industrial products company reported $3.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.92 by $0.25. Applied Industrial Technologies had a net margin of 8.35% and a return on equity of 22.17%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the business earned $2.80 earnings per share. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. As a group, equities research analysts predict that Applied Industrial Technologies, Inc. will post 11.95 EPS for the current fiscal year.
Applied Industrial Technologies Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.04 annualized dividend and a yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio is currently 18.61%.
(Free Report)
Applied Industrial Technologies, listed on the New York Stock Exchange under the symbol AIT, is a leading distributor of industrial products and services. The company offers a comprehensive range of bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. Through its network of distribution centers and branch locations, Applied Industrial Technologies serves diverse end markets including manufacturing, oil and gas, mining, food and beverage, and wastewater treatment.
Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions.
Recommended Stories Five stocks we like better than Applied Industrial Technologies The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding AIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report).
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Sunrun uzavřel dohodu s Voltus o využití kapacity z části svých domácích bateriových a solárních systémů pro AI hyperscalery v regionech PJM a MISO. Cílem je posílit spolehlivost sítě a zajistit flexibilní výkon.
Voltus will tap into Sunrun’s storage-plus-solar systems to deliver immediate Bring Your Own Capacity™ megawatts to AI hyperscalers, strengthening grid reliability while creating economic benefits for customers across the PJM and MISO regions | Source: Sunrun Inc.
SAN FRANCISCO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), America's largest provider of residential battery storage, solar, and home-to-grid power plants, today announced an agreement with Voltus, a leading distributed energy resource platform, to support Voltus’s Bring Your Own Capacity™ programs for AI hyperscalers. Under the agreement, Sunrun will provide energy capacity from a portion of its thousands of residential storage-plus-solar systems in PJM and MISO grid regions, helping deliver reliable, flexible power to support growing electricity demand.
Last year, Voltus announced its Bring Your Own Capacity (BYOC) program, a first-of-its-kind solution that enables large loads like hyperscalers to bring firm, flexible capacity to the table to facilitate data center interconnection and support the grid. As part of that program, Voltus will orchestrate flexible distributed resources — such as batteries and smart thermostats — to reduce energy demand when the grid needs it. And, homes and businesses get paid for participating. This enables new capacity for the system, channels investment into local communities, and strengthens the grids that serve data centers coming online.
“Meeting growing energy demand requires us to maximize every single electron available across the country,” said Sunrun CEO Mary Powell. “In collaboration with Voltus, we are providing critical capacity from home batteries supported by funding from hyperscalers. This is just the beginning of what distributed energy assets can achieve.”
“BYOC is about turning distributed resources into capacity the grid can count on, and maximizing value for the end user,” said Dana Guernsey, CEO of Voltus. “This partnership brings together Sunrun’s residential scale with Voltus’s market-integrated flexibility platform so distributed capacity can support reliability, affordability, and growth as electricity demand increases.”
The Sunrun-Voltus collaboration builds on the recent and separate initiative by Sunrun, Renew Home and Tesla focused on unlocking more than 16.8 gigawatts of flexible capacity from home batteries, solar, smart thermostats, and EVs. Together, these efforts are unlocking existing distributed energy resources to help meet growing demand from data centers and utilities quickly, affordably, and reliably.
About Sunrun
Sunrun Inc. (Nasdaq: RUN) is America’s largest provider of home battery storage, solar, and home-to-grid power plants. As the pioneer of home energy systems offered through a no-upfront-cost subscription model, Sunrun empowers customers nationwide with greater energy control, security, and independence. Sunrun supports the grid by providing on-demand dispatchable power that helps prevent blackouts and lowers energy costs. Learn more at www.sunrun.com.
About Voltus
Voltus is the leading DER technology platform and virtual power plant operator connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Voltus's commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.
Media Contact
Wyatt Semanek
Sr. Director, Corporate Communications [email protected]
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. These statements include Sunrun’s and Voltus’s plans to use and commit distributed energy capacity; the anticipated orchestration of residential energy resources; expected customer compensation; anticipated grid-reliability, affordability, and growth benefits; and the potential to unlock flexible capacity and help meet demand from data centers and utilities.
Forward-looking statements may be identified by words such as “will,” “can,” and similar expressions. These statements are based on current expectations, estimates, assumptions, and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially, including customer enrollment and authorization; battery availability, performance, and dispatch accuracy; Sunrun’s ability to make the contemplated capacity available; Voltus’s performance; customer compensation; applicable utility and PJM market rules, implementation, and settlement processes; regulatory requirements; partner performance; market demand; and the parties’ ability to achieve the anticipated benefits; and such other risks and uncertainties identified in the reports that we file with the U.S. Securities and Exchange Commission from time to time. All forward-looking statements used herein are based on information available to us as of the date hereof, and we assume no obligation to update publicly these forward-looking statements for any reason, except as required by law.
Diversified Trust Co. trimmed its position in shares of Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 62.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,350 shares of the semiconductor company’s stock after selling 20,903 shares during the period. Diversified Trust Co.’s holdings in Marvell Technology were worth $3,679,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new stake in Marvell Technology during the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC increased its stake in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 225 shares during the last quarter. Jessup Wealth Management Inc purchased a new position in shares of Marvell Technology in the 4th quarter worth about $25,000. Cherry Tree Wealth Management LLC purchased a new position in shares of Marvell Technology in the 4th quarter worth about $26,000. Finally, MidFirst Bank acquired a new position in shares of Marvell Technology in the 4th quarter valued at about $28,000. 83.51% of the stock is owned by hedge funds and other institutional investors.
More Marvell Technology News Here are the key news stories impacting Marvell Technology this week:
Positive Sentiment: AI data-center demand supports the long-term outlook. Analysts and investors continue to highlight Marvell’s custom chips, optical networking, memory interconnects and high-speed data-movement products as key beneficiaries of expanding AI clusters. Management has also raised its long-term data-center growth outlook. Down 37% From Its Highs, Is Marvell Technology Stock a Buy on the Dip? Positive Sentiment: Wall Street price targets imply additional upside. Goldman Sachs has expressed a preference between Marvell and Nvidia ahead of earnings, while another report said Goldman analyst James Schneider raised Marvell’s 12-month price target. The broader analyst range remains bullish, with a reported median target of $250 and several targets between $300 and $385. Wall Street sets Marvell stock price for the next 12 months Positive Sentiment: Nvidia’s $2 billion investment remains a strategic vote of confidence. The investment strengthens Marvell’s profile as an AI-chip and infrastructure partner and is supporting comparisons between the two companies ahead of their earnings reports. NVIDIA Invested $2 Billion in Marvell Neutral Sentiment: Upcoming earnings are the immediate catalyst. Marvell’s latest quarter delivered $2.42 billion in revenue, up 27.6% year over year, and adjusted EPS in line with expectations. Investors will look for evidence that AI-related growth can justify the stock’s elevated valuation. Negative Sentiment: Insider selling may temper sentiment. QuiverQuant reported 21 insider sales and no purchases during the past six months, including sales by senior executives and the CEO. This does not necessarily signal weakening fundamentals, but it can raise caution after a major share-price advance. Marvell Technology Stock Opinions on AI Infrastructure Expansion Insider Activity at Marvell Technology In other news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $180.50, for a total value of $1,805,000.00. Following the completion of the transaction, the chief operating officer owned 227,941 shares in the company, valued at approximately $41,143,350.50. This trade represents a 4.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Durn sold 2,250 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $281.01, for a total value of $632,272.50. Following the completion of the sale, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This trade represents a 24.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,481 shares of company stock valued at $7,982,532 over the last three months. 0.12% of the stock is owned by insiders. Analyst Upgrades and Downgrades A number of analysts have recently issued reports on MRVL shares. Jefferies Financial Group boosted their target price on Marvell Technology from $149.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Oppenheimer lifted their price target on shares of Marvell Technology from $200.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Benchmark lifted their price target on shares of Marvell Technology from $130.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. HSBC set a $300.00 price objective on shares of Marvell Technology and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Susquehanna increased their price objective on shares of Marvell Technology from $100.00 to $230.00 and gave the stock a “positive” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $245.94.
Read Our Latest Research Report on MRVL
Marvell Technology Price Performance Shares of NASDAQ:MRVL opened at $222.02 on Monday. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. The company has a fifty day simple moving average of $237.59 and a 200 day simple moving average of $166.26. The firm has a market cap of $194.22 billion, a PE ratio of 76.03, a price-to-earnings-growth ratio of 1.39 and a beta of 2.24. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.41 billion. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The firm’s revenue was up 27.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 EPS. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, equities research analysts anticipate that Marvell Technology, Inc. will post 3.07 EPS for the current fiscal year.
Marvell Technology Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Friday, July 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, July 10th. Marvell Technology’s dividend payout ratio (DPR) is 8.22%.
(Free Report)
Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.
Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.
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Fielder Capital Group LLC purchased a new stake in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,812 shares of the oil and natural gas company’s stock, valued at approximately $1,549,000.
Several other hedge funds also recently added to or reduced their stakes in FANG. Cedar Mountain Advisors LLC acquired a new position in shares of Diamondback Energy in the 1st quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Diamondback Energy in the fourth quarter worth about $26,000. JPL Wealth Management LLC acquired a new stake in Diamondback Energy during the third quarter worth about $26,000. Wellington Shields & Co. LLC grew its holdings in Diamondback Energy by 264.7% during the fourth quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company’s stock worth $28,000 after acquiring an additional 135 shares during the period. Finally, Global Assets Advisory LLC purchased a new position in Diamondback Energy during the first quarter valued at approximately $40,000. 90.01% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Diamondback Energy In related news, EVP Matt Zmigrosky sold 5,000 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $200.54, for a total transaction of $1,002,700.00. Following the completion of the transaction, the executive vice president owned 46,392 shares in the company, valued at $9,303,451.68. This represents a 9.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Teresa L. Dick sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $200.90, for a total transaction of $1,406,300.00. Following the completion of the transaction, the chief accounting officer directly owned 85,755 shares in the company, valued at $17,228,179.50. This represents a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 134,167 shares of company stock worth $25,749,309 in the last ninety days. 0.64% of the stock is owned by company insiders.
Wall Street Analyst Weigh In FANG has been the subject of a number of analyst reports. Wall Street Zen raised Diamondback Energy from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research cut shares of Diamondback Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Morgan Stanley lowered their price target on shares of Diamondback Energy from $229.00 to $216.00 and set an “overweight” rating on the stock in a report on Monday, June 29th. Wells Fargo & Company lifted their price objective on shares of Diamondback Energy from $262.00 to $263.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $248.00 price objective on shares of Diamondback Energy in a research report on Friday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Diamondback Energy has an average rating of “Buy” and an average price target of $222.30. Get Our Latest Analysis on FANG
Diamondback Energy Stock Performance Shares of FANG stock opened at $202.47 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.47 and a quick ratio of 0.45. The company has a market cap of $56.70 billion, a price-to-earnings ratio of 39.47 and a beta of 0.43. The stock has a 50 day simple moving average of $190.31 and a 200-day simple moving average of $187.74. Diamondback Energy, Inc. has a 1-year low of $134.30 and a 1-year high of $214.51.
Diamondback Energy (NASDAQ:FANG – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The oil and natural gas company reported $6.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.08 by $0.40. The firm had revenue of $5.56 billion for the quarter, compared to analysts’ expectations of $4.89 billion. Diamondback Energy had a net margin of 8.58% and a return on equity of 10.10%. The firm’s revenue for the quarter was up 51.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.38 EPS. On average, equities research analysts expect that Diamondback Energy, Inc. will post 19.73 EPS for the current fiscal year.
Diamondback Energy Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 13th. Diamondback Energy’s dividend payout ratio (DPR) is presently 85.77%.
Diamondback Energy Company Profile (Free Report)
Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.
Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.
See Also Five stocks we like better than Diamondback Energy The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth
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Western Midstream Partners oznámila, že získává 7,5% podíl v projektu Solitude, který dosáhl konečného investičního rozhodnutí (FID) na výstavbu dvou plynovodů z Permské pánve do Katy v Texasu. Počáteční kapacita má činit asi 2,25 Bcf/d do konce roku 2029.
WES holds a 7.5% equity interest in the Solitude Pipeline System joint venture which has reached a positive Final Investment Decision to construct two 48-inch natural gas pipelines running from the Permian Basin to Katy, Texas. Solitude will deliver scalable, long-haul natural gas transportation, with initial capacity of approximately 2.25 Bcf/d expected in late 2029 and an additional 2.25 Bcf/d in 2030 with the ability to increase capacity thereafter to accommodate shipper demand. WES has taken firm transportation capacity on the pipelines, providing incremental residue takeaway and enhanced flow assurance for its Delaware Basin customers. , /PRNewswire/ -- Today, Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership"), announced its participation in the Solitude Pipeline System joint venture ("Solitude"), operated by WhiteWater. Through Solitude, in which WES holds a 7.5% equity interest, a positive Final Investment Decision ("FID") has been reached to construct two 48-inch natural gas pipelines, each running from the Permian Basin to Katy, Texas. The project has secured substantial long-term firm transportation agreements with predominantly investment-grade shippers to support the FID. Solitude will deliver scalable, long-haul natural gas transportation to support Permian Basin growth and expanding Gulf Coast markets.
The joint venture's pipeline system will feature a flexible, phased design that provides initial capacity of approximately 2.25 Bcf/d in late 2029, and an additional 2.25 Bcf/d in 2030, with the ability to increase capacity thereafter to accommodate shipper demand. Capacity commissioning can be accelerated or deferred to align with evolving market dynamics. Solitude is expected to enter service in the second half of 2029, subject to receipt of customary regulatory and other approvals.
"We are excited to partner with WhiteWater and the other owners of Solitude to build incremental natural-gas takeaway that supports continued Permian Basin growth and expanding Gulf Coast demand, including LNG exports," said Oscar K. Brown, President and Chief Executive Officer of WES. "Unlike our other long-haul joint ventures, WES has taken firm capacity on the Solitude pipelines, enabling enhanced flow assurance for our customers. We firmly believe that as the basin continues to be developed and gas-to-oil ratios rise, residue takeaway capacity will be critical to allow Permian Basin producers to maximize the value of their production, and this investment allows us to better serve current customers and compete for new volumes, all while meeting our required return thresholds."
ABOUT WESTERN MIDSTREAM
Western Midstream Partners, LP ("WES") is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells residue, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity-price volatility through fee-based contracts.
For more information about WES, please visit www.westernmidstream.com.
ABOUT WHITEWATER
WhiteWater is an Austin, Texas based infrastructure company and operator of multiple gas transmission assets. For more information about WhiteWater, visit www.wwdev.com.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. WES's management believes that its expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove correct. A number of factors could cause actual results to differ materially from the projections, anticipated results, or other expectations expressed in this news release. These factors include our ability to close and realize the expected benefits from the Brazos acquisition; meet financial guidance or distribution expectations; our ability to safely and efficiently operate WES's assets and integrate the Brazos assets into our portfolio; the supply of, demand for, and price of oil, natural gas, NGLs, and related products or services; our ability to meet projected in-service dates for capital-growth projects; construction costs or capital expenditures exceeding estimated or budgeted costs or expenditures; and the other factors described in the "Risk Factors" section of WES's most-recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission and other public filings and press releases. WES undertakes no obligation to publicly update or revise any forward-looking statements.
WESTERN MIDSTREAM CONTACTS
Daniel Jenkins
Director, Investor Relations
[email protected]
866.512.3523
Empowered Funds LLC decreased its position in shares of Natera, Inc. (NASDAQ:NTRA – Free Report) by 65.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,016 shares of the medical research company’s stock after selling 9,708 shares during the quarter. Empowered Funds LLC’s holdings in Natera were worth $1,003,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in NTRA. Reflection Asset Management purchased a new stake in Natera during the 4th quarter valued at $29,000. Palladiem LLC purchased a new stake in shares of Natera during the 4th quarter valued at about $31,000. Horizon Investments LLC purchased a new stake in shares of Natera during the 3rd quarter valued at about $32,000. International Assets Investment Management LLC grew its stake in shares of Natera by 132.9% in the first quarter. International Assets Investment Management LLC now owns 170 shares of the medical research company’s stock worth $35,000 after acquiring an additional 97 shares during the period. Finally, Bank of Jackson Hole Trust grew its stake in shares of Natera by 103.8% in the fourth quarter. Bank of Jackson Hole Trust now owns 163 shares of the medical research company’s stock worth $37,000 after acquiring an additional 83 shares during the period. Institutional investors own 99.90% of the company’s stock.
Natera Price Performance NASDAQ:NTRA opened at $309.93 on Monday. Natera, Inc. has a one year low of $156.71 and a one year high of $326.03. The business has a fifty day moving average price of $263.76 and a 200-day moving average price of $226.30. The firm has a market capitalization of $44.67 billion, a price-to-earnings ratio of -227.89 and a beta of 1.51.
Natera (NASDAQ:NTRA – Get Free Report) last released its earnings results on Thursday, August 6th. The medical research company reported ($0.47) earnings per share for the quarter, beating the consensus estimate of ($0.49) by $0.02. The company had revenue of $752.75 million for the quarter, compared to the consensus estimate of $661.24 million. Natera had a negative return on equity of 11.38% and a negative net margin of 7.11%.Natera’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.74) earnings per share. On average, equities research analysts expect that Natera, Inc. will post -1.11 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades A number of research analysts recently weighed in on NTRA shares. Robert W. Baird set a $348.00 price objective on shares of Natera in a research report on Friday, August 7th. Zacks Research upgraded shares of Natera from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th. Sanford C. Bernstein initiated coverage on Natera in a report on Friday, June 26th. They set an “outperform” rating and a $310.00 price target on the stock. Canaccord Genuity Group set a $375.00 price target on Natera in a research note on Friday, August 7th. Finally, Wells Fargo & Company lifted their price objective on Natera from $220.00 to $284.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Natera presently has an average rating of “Moderate Buy” and a consensus target price of $319.38.
View Our Latest Research Report on NTRA
Insider Activity In other Natera news, insider John Fesko sold 295 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $267.99, for a total transaction of $79,057.05. Following the sale, the insider owned 183,774 shares in the company, valued at approximately $49,249,594.26. This trade represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Solomon Moshkevich sold 3,410 shares of Natera stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $265.58, for a total transaction of $905,627.80. Following the transaction, the insider directly owned 129,019 shares in the company, valued at $34,264,866.02. This represents a 2.57% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 181,045 shares of company stock valued at $41,330,968. 5.05% of the stock is owned by insiders.
Natera Company Profile (Free Report)
Natera is a global diagnostics company that develops and commercializes cell-free DNA and other genetic testing technologies for clinical applications. The company focuses on three principal areas: reproductive health (including non-invasive prenatal testing and carrier screening), oncology (tumor-informed assays for minimal residual disease and recurrence monitoring), and organ transplantation (cell-free DNA tests to detect allograft injury). Natera combines laboratory testing, proprietary bioinformatics, and clinical reporting to deliver personalized genetic information to clinicians and patients.
Key product offerings include Panorama, a non-invasive prenatal test that screens for fetal chromosomal abnormalities and select single-gene conditions; Horizon carrier screening for inherited conditions; Signatera, a personalized, tumor-informed assay used for detecting minimal residual disease and monitoring treatment response in cancer patients; and Prospera, a donor-derived cell-free DNA test used to assess the risk of organ rejection.
Further Reading Five stocks we like better than Natera The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding NTRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Natera, Inc. (NASDAQ:NTRA – Free Report).
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Premier American Uranium hlásí na projektu Kaycee ve Wyomingu mineralizaci uranu ve dvou oddělených pískovcových vrstvách. V průzkumném vrtání už dokončila 50 vrtů o celkové délce 41 960 stop z plánovaných 100 000 stop, což představuje přibližně 42 % programu.
TORONTO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to report encouraging mid-season results from its ongoing 100,000-foot 2026 exploration drilling program at the Company’s wholly-owned Kaycee Project (“Kaycee” or the “Project”) in Wyoming’s Powder River Basin. Since drilling commenced in early May, 50 conventional mud-rotary drillholes totaling 41,960 feet have been completed across the Rustler and Outpost target areas, representing approximately 42% of the planned 100,000-foot program (Figure 1).
2026 Program Highlights
Uranium mineralization encountered across Rustler: Thirteen of 22 holes drilled in the Rustler target area (drill holes RT26-082 through RT26-104) encountered uranium mineralization at grades of 0.02% eU₃O₈ or higher (Table 1). Notably, hole RT26-085 intersected 3.5 ft grading 0.135% eU₃O₈, including 2 ft grading 0.204% eU₃O₈, confirming the presence of uranium mineralization within the system.Two distinct mineralized sandstone units identified at Rustler: Drilling has confirmed uranium mineralization within two separate sandstone units in the lower Wasatch Formation, the principal host formation for uranium deposits in the adjoining Pumpkin Buttes mining district. Uranium mineralization has been encountered in both sands, and gamma ray borehole geophysical log results indicate possible stacked roll fronts in the upper unit. Oxidation states of the two sandstone units indicate that the two mineralized systems are independent of one another, with the redox boundary in the lower sand unit well to the east of the redox boundary in the upper sand, providing multiple prospective trends for ongoing exploration (Figure 2).Additional uranium mineralization encountered at Outpost: Seven of 27 holes completed (drill holes LT26-074 through LT26-100) at the Outpost target encountered uranium mineralization grading 0.02% eU₃O₈ or higher (Table 1 and Figure 3).Growing geological model guiding ongoing drilling: Combined 2025 and 2026 results at Rustler are providing an increasingly detailed picture of subsurface channel geometry and associated mineralized trends. Radiometric assay results and borehole geophysical data are being incorporated in real time to refine the geological model and guide subsequent drill locations. Colin Healey, CEO of PUR commented, “We’re seeing good success from our 2026 program at Kaycee, with nearly half of the planned 100,000 feet of drilling now complete. With approximately 430 miles of interpreted roll fronts, we believe we are just beginning to unlock the potential of this large mineralized system. This year’s drilling is focused on systematically testing that potential, identifying the extents of mineralization in the targeted areas and identifying the areas with the greatest opportunity to build pounds. The results at Rustler are particularly encouraging, with mineralization identified in two distinct sandstone units and indications of potentially stacked roll fronts. As we continue drilling, our goal is to advance these mineralized trends and build the geological understanding needed to ultimately define a meaningful uranium resource at Kaycee.”
Table 1. 2026 Kaycee Significant Intercepts
DrillholeInterceptFrom
(ft)To
(ft)Thickness
(ft)eU308%LT26-074intersected214.5215.510.052 and798.5800.520.036LT26-076intersected80280530.022 including803804.51.50.03LT26-077intersected792.5794.520.073 including793793.50.50.101LT26-078intersected74874910.029LT26-079intersected771.5772.510.022 and78778920.027LT26-083intersected77377410.026LT26-086intersected793793.50.50.026RT26-082intersected374378.54.50.034RT26-083intersected374.53750.50.02 and38038220.046RT26-085intersected408411.53.50.135 including408.5410.520.204RT26-089intersected39339520.047 including393.53940.50.07 and444.5446.520.022 including445446.51.50.025 and662.5663.510.023 and671672.51.50.027 and67567610.023RT26-090intersected381.5386.550.03 including382.53863.50.038RT26-092intersected674.56783.50.064 including675.5676.510.11RT26-093intersected43343520.018 including434434.50.50.02RT26-094intersected431435.54.50.043 including431.5433.520.068 including432432.50.50.103RT26-096intersected67367740.032 including67467620.037RT26-101intersected37938120.033RT26-102intersected423424.51.50.021RT26-103intersected426427.51.50.029 and434.5435.510.023RT26-104intersected389.53911.50.029 and39239640.041 including395395.50.50.068
Notes: Drill holes reported here encountered uranium mineralization at or above a cut-off grade of 0.02% eU₃O₈. All grades were calculated from gamma-ray logs measured by Hawkins CBM Logging of Casper, Wyoming, which is independent of the Company. The geophysical results are based on equivalent uranium (eU3O8) of the gamma-ray probes which are calibrated at the Department of Energy’s test facility in Casper, Wyoming. Uranium grades cited are calculated from gamma-ray logs, and the cited grades are “equivalent” (“e”) grades of U₃O₈ %. eU₃O₈ is a measure of gamma intensity from a decay product of uranium and is not a direct measurement of uranium. No corrections were made for radiometric disequilibrium. Numerous comparisons of eU₃O₈ and chemical assays of PRB core samples indicate that eU₃O₈ is a reasonable indicator of the actual uranium assay. All drill holes are vertical in orientation and the geologic units hosting the uranium mineralization are generally very flat lying, therefore reported thicknesses represent true thicknesses.
Figure 1. Kaycee Project Key Targets in 2026
Figure 2. Rustler 2026 Drill Holes
Figure 3. Outpost 2026 Drill Holes
Kaycee Project
The Kaycee Project in Wyoming's Powder River Basin (PRB) consists of over 42 square miles of mineral rights over a 36-mile mineralized trend hosting more than 110 miles of identified roll fronts (Figure 4). The Project is believed to be the only project in the PRB where all three known historically productive sandstone formations (Wasatch, Fort Union, and Lance) are mineralized and potentially accessible for ISR extraction. The Project represents the largest grass-roots ISR exploration project in the United States, with upwards of 400,000 ft of drilling completed since 2023.
PUR anchors one of the strongest exploration portfolios in Wyoming, combining its Cyclone Project in the Great Divide Basin with Kaycee to drive one of the largest ongoing drilling programs in the state and significantly expand its presence in both of the state’s major ISR-amenable uranium districts.
Figure 4. PUR’s Wyoming exploration portfolio, highlighting the Kaycee Project in the Powder River Basin and the Cyclone Project in the Great Divide Basin. Active exploration is currently underway at both projects.
Qualified Person Statement
The scientific and technical information contained in this news release was reviewed and approved by J.J. Brown, P.G., SME-RM, PUR’s Vice President Exploration, who is a “Qualified Person” as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Ms. Brown has verified the data disclosed in this news release, including sampling, analytical, and test data underlying the information contained herein.
The drilling results cited in this news release were derived from conventional mud rotary drill holes and continuously recorded geophysical responses (gamma-ray, spontaneous-potential, and single point resistivity) from a borehole geophysical probe. The mineralized zones are flat lying and the individual drill holes are vertical in orientation, and the thicknesses cited in this release are considered to be true thicknesses. Grades of mineralization reported were calculated from the gamma-ray logs following a procedure that was first developed in the early 1960s and is standard practice in the uranium industry. The borehole geophysical logging was carried out by Century Geophysics of Tulsa, Oklahoma, a highly experienced and skilled geophysical contractor with a well-established history of providing reliable and accurate data.
Other information regarding the Company’s Kaycee Project, including with respect to the Quality Assurance and Quality Control measures applied during the work program can be referenced from the “Technical Report for NI 43-101 Kaycee Uranium Project, Johnson County, Wyoming USA”, dated September 21, 2025, which is available under the Company’s profile on SEDAR +, at www.sedarplus.ca.
About Premier American Uranium Inc.
Premier American Uranium is focused on consolidating, exploring, and developing uranium projects across the United States to strengthen domestic energy security and advance the transition to clean energy. The Company’s extensive land position spans five of the nation’s top uranium districts, with active work programs underway in New Mexico’s Grants Mineral Belt and Wyoming’s Great Divide and Powder River Basins.
Backed by strategic partners including Sachem Cove Partners, IsoEnergy Ltd., Mega Uranium Ltd., and other leading institutional investors, PUR is advancing a portfolio supported by defined resources and high-priority exploration and development targets. Led by a distinguished team with deep expertise in uranium exploration, development, permitting, operations, and uranium-focused M&A, the Company is well positioned as a key player in advancing the U.S. uranium sector.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements with respect to, additional exploration activities planned for 2026, the anticipated results thereof and the anticipating timing for reporting of such results; future prospects for exploration; the potential for mineral resource identification at the Project; expectations regarding the transition to clean energy in the US; and other activities, events or developments that are expected, anticipated or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Forward-looking information and statements are based on our current expectations, beliefs, assumptions, estimates and forecasts about PUR’s business and the industry and markets in which it operates. Such forward-information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned exploration activities, the completion, timing and results of planned exploration activities being consistent with expectations, the anticipated mineralization being consistent with expectations, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by PUR in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of Premier American Uranium to differ materially from any projections of results, performances and achievements of Premier American Uranium expressed or implied by such forward-looking information or statements, including, among others: limited operating history, negative operating cash flow and dependence on third party financing, uncertainty of additional financing, delays or failure to obtain required permits and regulatory approvals, changes in mineral resources, no known mineral reserves, aboriginal title and consultation issues, reliance on key management and other personnel; potential downturns in economic conditions; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry; changes in laws and regulation, competition, and uninsurable risks and the risk factors with respect to Premier American Uranium set out in the documents of PUR filed with the Canadian securities regulators and available under PUR’s profile on SEDAR+ at www.sedarplus.ca.
Although PUR has attempted to identify important factors that could cause actual actions, events or results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. PUR undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.
Figures accompanying this announcement are available at
BorgWarner oznámil konečné výsledky nabídky odkupu dluhopisů za hotovost a zvýšil Waterfall Cap na 730 mil. USD. Přijal dluhopisy za 272,8 mil. USD z emise s kupónem 4,950 %.
, /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the expiration and final results of its previously announced tender offers (the "Tender Offers"), to purchase for cash the debt securities issued by the Company referred to below (collectively, the "Notes," and each a "Series"), in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated August 10, 2026 (the "Offer to Purchase") and any related documents (collectively with the Offer to Purchase, the "Tender Offer Documents"). In addition, the Company today announced that it had increased the Waterfall Cap for the Offers to $730,000,000, excluding the Accrued Interest Payment (as defined below), subject to the proration and the application of the Acceptance Priority Levels set forth in the table below and the Offer to Purchase. The Company increased the amount of 4.950% Notes accepted for payment in the Offers by 2% of the outstanding 4.950% Notes, as further described in the Acceptance Priority Procedures set forth in the Offer to Purchase, without amending or extending the Offer. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.
The Tender Offers expired at 5:00 p.m., New York City time, on August 14, 2026 (the "Expiration Date"). Withdrawal rights for the Tender Offers expired at the Expiration Date, and accordingly, Notes validly tendered in the Tender Offers may no longer be withdrawn except where additional withdrawal rights are required by law.
At the Expiration Date, according to information provided by Global Bondholder Services Corporation, the tender and information agent for the Tender Offers, the aggregate principal amount of each series of Notes validly tendered and not validly withdrawn pursuant to the Tender Offers and the aggregate principal amount of each series of Notes accepted for purchase, are set forth in the table below.
Series of Notes
CUSIP/ISIN
Number(1)
Aggregate
Principal Amount
Outstanding Prior
to Tender Offer
Offer Sub
Cap
Acceptance
Priority Level
Tender
Consideration(2)
Aggregate
Principal
Amount
Tendered
Aggregate
Principal
Amount
Accepted
7.125% Senior
Notes due 2029
(Any and All Offer)
099724 AC0 /
US099724AC03
$120,685,000
N/A
N/A
$1,061.70
$27,105,000
$27,105,000
4.375% Senior
Notes due 2045
099724 AH9 /
US099724AH99
$500,000,000
N/A
1
$827.77
$130,482,000
$130,482,000
5.400% Senior
Notes due 2034
099724 AQ9 /
US099724AQ98
$500,000,000
N/A
2
$1,019.75
$339,547,000
$339,547,000
4.950% Senior
Notes due 2029
099724 AP1 /
US099724AP16
$500,000,000
N/A
3
$1,010.87
$291,426,000
$272,772,000
2.650% Senior
Notes due 2027
099724 AL0 /
US099724AL02
$1,100,000,000
$250,000,000
4
$986.77
$300,008,000
$0
____________________________________
(1)
No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed above.
(2)
Payable per each $1,000 principal amount of Notes of a series validly tendered, not validly withdrawn and accepted for purchase at or prior to the Expiration Date. Each Tender Consideration was determined in the manner described in the Tender Offer Documents.
The Tender Consideration was determined at 3:00 p.m., New York City time, on August 14, 2026.
The Company's obligation to complete a Tender Offer with respect to the Notes validly tendered is conditioned on the satisfaction or waiver of conditions described in the Offer to Purchase. For the Notes accepted for purchase, all conditions to the Tender Offer with respect to such Notes were satisfied or waived on or prior to the Expiration Date. On the applicable Settlement Date, Holders whose Notes have been accepted for purchase will also receive an Accrued Interest Payment. The Notes validly tendered but not accepted for purchase will be returned promptly to the tendering Holders in accordance with the Offer to Purchase.
Information Relating to the Tender Offers
Barclays Capital Inc. and PNC Capital Markets LLC served as the dealer managers for the Tender Offers. Investors with questions regarding the Tender Offers may contact Barclays Capital Inc. at (212) 528-7581 or toll-free at (800) 438-3242, or email [email protected], or PNC Capital Markets LLC at (212) 878-8946 or toll-free at (833) 715-3537, or email [email protected]. Global Bondholder Services Corporation served as the tender and information agent for the Tender Offers and can be contacted at (212) 430-3774 or toll-free at (855) 654-2015. The Offer to Purchase may be accessed at the following web address: https://www.gbsc-usa.com/borgwarner/.
This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities. The Tender Offers were made only pursuant to the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law.
About BorgWarner
For more than 130 years, BorgWarner has been a transformative global product leader bringing successful mobility innovation to market. With a focus on sustainability, we're helping to build a cleaner, healthier, safer future for all.
Forward-Looking Statements
This release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "project," "pursue," "seek," "should," "target," "when," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Further, all statements, other than statements of historical fact, contained or incorporated by reference in this release that we expect or anticipate will or may occur in the future regarding our financial position, including our guidance for full year 2026, our business strategy and measures to implement that strategy, including changes to operations, competitive strengths, goals, expansion and profitable growth of our business and operations, plans, references to future success, including the anticipated benefits of our new business awards and other such matters, are forward-looking statements. Accounting estimates, such as those described under the heading "Critical Accounting Policies and Estimates" in Item 7 of our most recently filed Annual Report on Form 10-K ("Form 10-K"), are inherently forward-looking. All forward-looking statements are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and the Company's actual results may differ materially from those expressed, projected or implied in or by the forward-looking statements.
You should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: the success of our portfolio strategy; supply disruptions impacting us or our customers, commodity availability and pricing and an inability to achieve expected levels of recoverability in commercial negotiations with customers concerning these costs; conditions in the automotive industry; competitive challenges from existing and new competitors, including original equipment manufacturer ("OEM") customers; the challenges associated with rapidly changing technologies, including artificial intelligence, and our ability to innovate in response; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth; potential future changes in laws and regulations, including, by way of example, taxes and tariffs, in the countries in which we operate; potential disruptions in the global economy caused by wars or other geopolitical conflicts; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of acquisitions on a timely basis; the possibility that our 2023 tax-free spin-off of our former Fuel Systems and Aftermarket segments into a separate publicly traded company will not achieve its intended tax benefits; the failure to promptly and effectively integrate acquired businesses; the potential for unknown or inestimable liabilities relating to the acquired businesses; impacts of our exit of the charging business; our dependence on automotive and truck production, which is highly cyclical and subject to disruptions; our reliance on major OEM customers; impacts of any future strikes involving any of our OEM customers and any actions such OEM customers take in response; fluctuations in interest rates and foreign currency exchange rates; our dependence on information systems; the uncertainty of the global economic environment; the uncertainty surrounding global trade policies, including tariffs and export restrictions and their impact on the Company, its customers and its suppliers; the outcome of existing or any future legal proceedings, including litigation with respect to various claims, or governmental investigations, including related litigation; impacts from any potential future acquisition or disposition transactions; and the other risks discussed in reports that we file with the Securities and Exchange Commission, including in Item 1A. "Risk Factors" in our most recently filed Annual Report on Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this release to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.
Orogen Royalties a Aurum Discovery zahájily dvouletý společný průzkumný program na zlato a stříbro v Norsku s rozpočtem 500 000 EUR. Náklady i výnosy z vybraných projektů si rozdělí napůl.
VANCOUVER, BC / ACCESS Newswire / August 17, 2026 / (TSXV:OGN)(OTCQX:OGNNF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to announce the formation of a generative exploration alliance (the "Alliance") with a subsidiary of Aurum Discovery ("Aurum"), a private prospect generator based in Ireland. The Alliance will focus on generating gold and silver targets in prospective mineral belts within Norway.
Alliance Highlights
A two-year €500,000 budget for targeting, field evaluation, and project acquisition up to a Designated Project stage funded by Orogen
Aurum to contribute geological and in-country expertise
All ongoing costs and expenses, as well as any proceeds, revenues, and royalties generated from Designated Projects, shall be shared equally between Orogen and Aurum
Year one exploration will be focused in the Pasvik and Mjøsa-Vänern regions in Norway (Figure 1)
"Orogen is deploying capital resources into jurisdictions that are low risk and have strong geological and partnership potential," commented Paddy Nicol, Orogen's CEO and President. "We are utilizing the intellectual capital and in-country expertise of Aurum Discovery, a private early-stage explorer focused on organic royalty creation in Europe and Africa. This transaction allows Orogen to expand its prospect generation activities beyond western North America in an efficient and expedient manner. We look forward to working with Aurum's team in the Pasvik and Mjøsa-Vänern regions over the next two years."
About the Aurum Gold Generative Alliance
The generative alliance between Orogen and Aurum is based on greenfield gold prospects in Norway identified by Aurum from a Scandinavian gold terrane review. The Alliance will focus on the two highest ranked orogenic gold targets: Pasvik and Mjøsa-Vänern (Figure 1) with a potential pipeline of targets. A two-year €500,000 budget is planned with funding by Orogen and exploration, data and in-country expertise provided by Aurum.
Targets generated through the Alliance will be funded by Orogen to the project marketing stage ("Designated Projects") where both Aurum and Orogen will seek exploration partnerships, or other monetization opportunities with the objective of retaining long term royalty exposure. All revenues, including sale proceeds, option payments, and royalties derived from the Designated Projects, will be distributed equally between the parties.
Figure 1: Area of interest for the generative alliance and location of the Pasvik and Mjøsa-Vänern projectsAbout the Pasvik Project
The 160 square-kilometre Pasvik project is located in Finnmark county, northern Norway approximately 30 kilometres south of the Sydvaranager Iron Mine. The project is within the underexplored Pasvik greenstone belt on the eastern extension of the North Transfennosandian Paleoproterozoic greenstone belt.
Gold on the project was first identified as up to 15 grams per tonne ("g/t") gold float samples near Gjedde Lake with limited historical drilling intersecting up to 22 metres grading 0.82 g/t gold. Modern geochemical surveys irregularly cover parts of the property and highlight multiple undrilled regions with elevated gold.
A year one work program under the alliance will infill soil and till geochemistry across the main structures, complete systematic prospecting across the property and begin engagement with local stakeholders.
About the Mjøsa-Vänern Project
The Mjøsa-Vänern gold belt is located within the Sveconorwegian belt of southern Norway and Sweden. The belt contains over 100 historical vein deposits associated with a forty kilometre wide mylonite zone. This zone is relatively unexplored on the Norwegian side.
Aurum have located a province scale land position on the northern extent of the district which will be refined into project scale land positions via a year one work program involving a regional stream-sediment survey and targeted mapping/prospecting focused on the mylonite zone. This will be the first modern widespread prospecting and stream sediment program carried out in the region.
Prospect Generator Day
Learn more about Orogen's other recently created exploration projects during Orogen's third annual Project Generator Day.
Project Generator Day - New Exploration Assets
Date & Time: Wednesday September 16, 2026, at 10:00AM PST / 1:00PM EST
Zoom Webinar Registration:
https://us02web.zoom.us/webinar/register/WN_u5xCHk0LSbSXSJqSDnuwUw
Qualified Person Statement
All technical data, as disclosed in this press release, has been reviewed and approved by Laurence Pryer, Ph.D., P.Geo., VP Exploration for Orogen. Dr. Pryer is a qualified person as defined under the terms of National Instrument 43-101.
About Orogen Royalties Inc.
Orogen Royalties is focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America. The Company's royalty portfolio includes the Ermitaño gold and silver Mine in Sonora, Mexico (2.0% NSR royalty) operated by First Majestic Silver Corp. The Company is well financed with several projects actively being developed by exploration partners.
On Behalf of the Board
OROGEN ROYALTIES INC.
Paddy Nicol
President & CEO
To find out more about Orogen, please contact Paddy Nicol, President & CEO at 604-248-8648, and Marco LoCascio, Vice President of Corporate Development at 604-248-8648. Visit our website at www.orogenroyalties.com.
Orogen Royalties Inc.
1015 - 789 West Pender Street
Vancouver, BC
Canada V6C 1H2
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this presentation, other than statements of historical facts, that address events or developments that Orogen Royalties Inc. (the "Company") expect to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
HOUSTON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) ("Intuitive Machines," and together with its subsidiaries, the "Company"), a leading space technology, infrastructure, and services company, announced it has received an authorization to proceed from an undisclosed customer to begin work on a multi-satellite communications infrastructure program with an anticipated value of more than $600 million.
IM 1300TM rendering
Under the agreement, Intuitive Machines will leverage its satellite communications expertise and industry-leading IM 1300TM satellite platform to design, manufacture, integrate, and support multiple spacecraft for a critical communications infrastructure mission. Additional program details remain confidential at the customer's request.
"This program reflects the trust customers place in partners who can execute complex space missions with precision, reliability, and schedule discipline," said Chris Johnson, President of Intuitive Machines Space Systems. "Our team is committed to delivering high-performance spacecraft while working closely with our customer throughout every phase of the program — from design and manufacturing through mission delivery. We are proud to support a mission that advances critical communications infrastructure and delivers long-term value for our customer."
"Winning this multi-satellite procurement is an important milestone for Intuitive Machines and reflects the confidence our customers place in our ability to deliver high-performance spacecraft for a broad range of mission needs," said Steve Altemus, Chief Executive Officer of Intuitive Machines. "Today, Intuitive Machines is executing programs across commercial, civil, and national security space markets, and awards like this reinforce both the strength of our diversified business and the growing demand for our space infrastructure capabilities. Our strategy is to build, connect, and operate the critical infrastructure that enables the next generation of space operations. With decades of experience in spacecraft design, manufacturing, communications, and mission operations, we are delivering capabilities our customers need today while creating the foundation for the future space economy."
This award further demonstrates Intuitive Machines' ability to deliver complex spacecraft and infrastructure solutions for customers across commercial, civil, and national security space markets through its integrated build, connect, and operate strategy.
The Company builds mission-critical spacecraft, systems, and infrastructure; connects those assets through resilient communications and navigation networks; and operates them as long-duration services that create enduring value for customers. Increasingly, these are not separate businesses, but successive layers of a single infrastructure strategy—designing and manufacturing space systems, connecting them into resilient networks, and operating them as long-term services.
Each new mission strengthens this integrated approach, expanding Intuitive Machines' ability to support customers throughout the mission lifecycle while reinforcing its position as a trusted provider of commercial, civil, and national security space infrastructure. As demand for resilient space capabilities continues to grow, the Company remains focused on building the enduring infrastructure that will power the next generation of space exploration and the space economy.
About Intuitive Machines
Intuitive Machines is a leading space infrastructure company that builds spacecraft, connects networks, and operates infrastructure-as-a-service for commercial, civil, and national security customers. With a proven track record across the space domain, the Company, through organic growth and portfolio expansion, has built over 300 spacecraft, delivered over 260 kilograms of payload to the lunar surface, and provided precision navigation expertise that has guided spacecraft across our solar system.
These capabilities form an integrated Built-Connect-Operate infrastructure service company, enabling customers to achieve mission and campaign outcomes through a single prime solution. Intuitive Machines’ technology has been demonstrated across the space domain and is engineered to support the next century of opportunity in space.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements that do not relate to matters of historical fact should be considered forward looking. These forward-looking statements generally are identified by the words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would,” “strategy,” “outlook,” the negative of these words or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include but are not limited to statements regarding: our expectations and plans relating to our missions and satellites, including the expected timing of building our satellites, launch and our progress in preparation thereof; our expectations with respect to, among other things, demand for our product portfolio, our submission of bids for contracts; our expectations regarding revenue for ATP awards and contracts awarded to us; our operations, including our performance on future missions, our financial performance and our industry; our business strategy, business plan, and plans to drive long-term sustainable shareholder value; information regarding our expectations on revenue generation and cash. These forward-looking statements reflect the Company’s predictions, projections, or expectations based upon currently available information and data.
Our actual results, performance or achievements may differ materially from those expressed or implied by the forward-looking statements, and you are cautioned not to place undue reliance on these forward-looking statements. The following important factors and uncertainties, among others, could cause actual outcomes or results to differ materially from those indicated by the forward-looking statements in this press release: our factors detailed under the section titled Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), the section titled Part I, Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations and the section titled Part II. Item 1A. “Risk Factors” in our most recently filed Quarterly Report on Form 10-Q, and in our subsequent filings with the SEC, which are accessible on the SEC's website at www.sec.gov.
Oklo je asi 77 % pod 52týdenním maximem a obchoduje se kolem 44 USD. Mezitím firma vykázala první tržby ve výši asi 1,2 milionu USD a její testovací reaktor v Texasu dosáhl první kritičnosti.
Buy Oklo (OKLO -4.46%) at its 52-week high of $193.84, and a $10,000 stake would be worth about $2,300 as of this writing. Shares of the nuclear reactor developer trade near $44, down roughly 77% from that peak.
The odd part is what happened underneath the price. The company's operating record improved almost continuously while the stock collapsed.
Image source: The Motley Fool.
The record improved on the way down Oklo booked its first sales in company history in the second quarter: about $1.2 million, mostly from engineering and consulting services. Much of that revenue arrived with businesses Oklo acquired in June, so it's a purchased start more than an organic one. But a company that went public with no revenue at all now has some, plus the beginnings of a services operation.
The bigger milestone came from Texas. Oklo's Groves Isotope Test Reactor in Lockhart reached first criticality (a controlled, self-sustaining nuclear reaction) less than a year after groundbreaking, the company said in early August. Groves is the first reactor in the U.S. Department of Energy's Reactor Pilot Program to get there on private land, built from scratch.
The facility is designed to produce isotopes for healthcare, industrial, and national security applications. And it gives Oklo something the market has long doubted it could deliver: an operating nuclear facility, built fast.
The losses, of course, are still enormous. Oklo has lost about $153 million over the past 12 months, and management is spending faster to reduce the risks around its first projects, not slower.
Today's Change
(
-4.46
%) $
-2.07
Current Price
$
44.38
What the drawdown priced out So the business made progress, and the stock lost three-quarters of its value anyway. Both things are true, and the price investors were paying at the top is what reconciles them.
At $193.84, investors were paying more than four times today's price -- a valuation that assumed data-center power deals and profitable plants stacked years into the future, all arriving on schedule, from a company that had never generated a dollar of revenue and whose first commercial power plant remains under construction.
Today's $8.6 billion market value is a fraction of what investors once paid. But it is still about 7,000 times the company's trailing revenue -- an arguably extreme price in its own right. The drawdown didn't turn Oklo into a value stock. It moved the stock from pricing in everything to pricing in a lot.
However you weigh it, the operating record between the two prices runs in Oklo's favor. Revenue exists now, and a reactor reached criticality in under a year. The price still asks investors to fund years of losses before the power business proves out. And the 77% drawdown says less about what Oklo has done than about what its shareholders once paid for the promise.
Perpetua Resources vykázala za 2. čtvrtletí 2026 čistou ztrátu 97,5 mil. USD, zatímco hotovost na konci čtvrtletí činila 574,2 mil. USD. U.S. EXIM mezitím jednomyslně schválil seniorní zajištěný úvěr ve výši 2,9 mld. USD na rozvoj Stibnite Gold Project.
, /PRNewswire/ -- Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced the filing of its unaudited condensed consolidated financial results for the period ended June 30, 2026. For details, please see the Company's filings available on EDGAR and SEDAR+.
Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony while developing one of the largest and highest-grade open pit gold mines in the Americas and restoring an abandoned brownfield site. The Company is currently advancing a comprehensive project financing plan along with detailed engineering, long-lead time procurement, early works and critical path construction activities and execution planning in anticipation of a final investment and construction decision in the second half of 2026.
"Significant milestones were achieved at Perpetua in Q2 2026," said Jon Cherry, President and CEO of Perpetua Resources. "The unanimous approval by the U.S. EXIM board of our $2.9 billion senior secured loan has laid the foundation for Stibnite's future construction, and combined with our $574.2 million cash position at quarter-end, positions us well as we advance toward a final investment and construction decision in the second half of the year. We continue to work through definitive documentation and anticipate closing this facility later this year. Other key developments included the commencement of Burntlog Route upgrades, continuing work on the worker housing and administrative facilities and other site locations, ongoing deliveries of worker housing facility units to site and the continuation of exploration activities. The benefits of exploration remain abundantly clear as our short winter drill program delivered promising results and demonstrated that significant opportunity remains for resource conversion at Stibnite."
Second Quarter 2026 and Recent Highlights
Reported a net loss of $97.5 million for the second quarter of 2026 (six months ended June 30, 2026: $146.2 million), compared to a net loss of $6.0 million (six months: $14.2 million) in the prior year period, primarily driven by higher exploration and pre-development spending ahead of a final investment and construction decision; ended the quarter with $574.2 million in unrestricted cash and cash equivalents and $60.9 million in restricted cash equivalents. Zero lost time incidents or reportable environmental spills. On April 10, 2026, the Idaho Department of Environmental Quality issued its final modified Clean Water Act Section 401 Water Quality Certification for the Project. On May 21, 2026, the board of the Export-Import Bank of the United States ("EXIM") unanimously approved a $2.9 billion senior secured long-term loan under the Make More in America Initiative to support the development of the Company's 100%-owned Stibnite Gold Project. On May 29, 2026, the United States District Court of Idaho denied a motion for a preliminary injunction filed by the plaintiffs in a related lawsuit initiated in 2025 by special interest groups challenging, among other things, the USFS Record of Decision approving the Project. In the decision, the District Court found that the plaintiffs failed to show that the planned activities challenged by the plaintiffs would cause irreparable harm or would likely violate any applicable law as asserted by the plaintiffs in their legal claims. The plaintiffs subsequently filed an appeal with the U.S. Court of Appeals for the Ninth Circuit of the District Court's order denying the motion for a preliminary injunction, and they also requested an emergency stay of the District Court's order. The Ninth Circuit on June 17, 2026 denied the stay request. The appeal remains pending. On May 30, 2026, the Company commenced additional critical path construction activities for the 2026 field season, including initial work associated with the Burntlog Route, a key infrastructure project designed to support safe and efficient access to the Project site while minimizing impacts to nearby communities and sensitive environmental areas. Other critical path construction activities also commenced on May 30th, including new work relating to the worker housing and administrative facilities at the mine site. On July 7, 2026, an Idaho state district court upheld the air permit to construct for the Project that was the subject of a judicial appeal filed by certain petitioners that had contested the permit in state administrative proceedings. The state court rejected all claims by the petitioners challenging the air permit issued by Idaho Department of Environmental Quality (IDEQ) for the Project. In July 2026, the Company announced commissioning of a mobile modular processing plant in partnership with Idaho National Laboratory to conduct pilot-scale testing of the plant, which is designed to advance development of a secure domestic supply chain for antimony trisulfide. On August 6, 2026, the Company reported new high-grade gold and antimony discoveries and identification of a new gold-tungsten zone in the Company's ongoing exploration program. In H1 2026, Perpetua identified U.S. government-sponsored tungsten initiatives and submitted grant funding proposals to advance tungsten drilling, sampling, metallurgical analysis, and resource evaluation. There is no assurance the Company will secure funding or identify economically accessible tungsten, but Perpetua believes its broader claim package positions it to help the U.S. government secure a second critical mineral, alongside antimony, from the Stibnite district; any tungsten development would require separate environmental review and permitting outside the current Project's scope. During July and August 2026, the Company purchased put option contracts to protect the Company's exposure to fluctuations in metal prices. In total, the Company paid premiums of $28.9 million for the right, but not an obligation, to sell a total of up to 158,016 ounces of gold during 2031 at an established put strike price of $3,000 per ounce. The put structure of the contracts allows Perpetua to retain full exposure to gold prices above $3,000 per ounce while mitigating downside exposure. Published the Company's 2025 Sustainability Report, its thirteenth annual sustainability report. About Perpetua Resources and the Stibnite Gold Project
Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho. The Stibnite Gold Project is one of the highest-grade, open-pit gold deposits in the United States and holds the only identified domestic reserve of the critical mineral antimony, which is essential to the defense, energy and manufacturing sectors. The Project is designed to apply a modern, responsible mining approach to restore a historic mine site and provide uplift to water quality, improve fish habitat access, and invest in river restoration while supporting local economic development in rural Idaho.
Forward-Looking Information
Investors should be aware that funding under the EXIM loan is subject to completion of definitive documentation and satisfaction of conditions precedent. There can be no assurance that we will be able to successfully negotiate definitive loan documents to close the loan or that, if closed, any funding provided by U.S. EXIM will be sufficient for us to construct the Project. Further, release of funding under the loan would be subject to the satisfaction of certain conditions and covenants by the Company.
Investors should be aware that no funding has been committed in connection with the Company's application for grant funding for tungsten exploration. There is no assurance that the application will be successful and, if successful, whether any funding awarded will be sufficient to conduct the proposed exploration activities or that such exploration will produce positive results.
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding the continued advancement of the Project toward full construction activities; the anticipated timing, documentation, final terms, closing and funding of the Company's proposed financing from U.S. EXIM; the Company's ability to satisfy conditions precedent and other requirements under the proposed U.S. EXIM financing; timing of anticipated milestones related to the Project and financing; ongoing funding and anticipated liquidity; the Company's ability to comply with, obtain and defend permits related to the Project; the Company's ability to successfully implement and fund the Project; the realization of benefits from strategic partnerships including with the Idaho National Laboratory; expected construction, development and operating costs in the event that a production decision is made; planned exploration and development of properties, including with respect to antimony and tungsten, and the results thereof; the Company's application for a grant related to tungsten exploration; development of any additional resources and reserves and the permitting requirements with respect to any such additional resources and reserves; and the occurrence of the expected benefits from the Project. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate", "expect", "plan", "likely", "believe", "intend", "forecast", "project", "estimate", "potential", "could", "may", "will", "would" or "should". In preparing the Forward-Looking Information in this news release, Perpetua Resources has applied several material assumptions, including, but not limited to, that the Company will be able to negotiate and execute definitive documentation for the U.S. EXIM financing on acceptable terms, satisfy the conditions to signing, closing and funding of the U.S. EXIM financing and receive funds when needed; the Company's proposed financing will be sufficient to finance permitting, pre-construction and construction of the Project or that the Company will be able to secure alternate financing if necessary; that the current exploration, development, environmental and other objectives concerning the Project can be achieved and that the Company's other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that permitting, construction and operations costs will not materially increase; that the Company will satisfy or will continue to satisfy the requirements of applicable permits and the requirements of various governmental approvals; and that the Company or applicable governmental agencies will be able to successfully defend against any challenges to governmental approvals for the planned exploration, construction, development, operation and environmental protection activities on the Project. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among other things, delays in the negotiation, closing or funding of the U.S. EXIM loan or material changes to the anticipated size or terms of the loan; risks related to unforeseen delays in the review and permitting process, including as a result of legal challenges to the ROD or other permits; risks related to opposition to the Project; risks related to increased or unexpected costs in development, construction, operations or the permitting process; risks that necessary financing will be unavailable when needed on acceptable terms, or at all, as well as those factors discussed in Perpetua Resources' public filings with the U.S. Securities and Exchange Commission (the "SEC") and its Canadian disclosure record. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Because it is not possible to predict or identify all such factors, this list cannot be considered a complete set of all potential risks or uncertainties. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business and liquidity, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedarplus.ca. Except as required by law, the Company expressly disclaims any obligation to update the Forward-Looking Information herein.
Cautionary Statement Regarding Technical Information
Except for the exploration results referenced herein, the technical information in respect of the Stibnite Gold Project in this news release is based upon information contained in the technical report titled "Stibnite Gold Project, S-K 1300 Technical Report Summary, Valley County, Idaho, USA," dated as of December 31, 2025 (the "TRS"), developed for the Stibnite Gold Project in accordance with the mining property disclosure rules specified in Regulation S-K subpart 1300 ("S-K 1300") promulgated by the SEC and published on March 31, 2026. Such information is as of December 31, 2025 and is subject to the assumptions, exclusions and qualifications set forth in the TRS. For additional information regarding the TRS, investors are encouraged to refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026.
There can be no assurance that exploration activities will result in the discovery of additional resources or reserves and isolated exploration results may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. Exploration results are inherently uncertain and subject to numerous risks and uncertainties, including geological factors, market conditions, and regulatory changes. Furthermore, development of any additional resources and reserves discovered would be subject to any applicable NEPA and permitting requirements.
Data regarding domestic antimony reserves is based on U.S. Geological Survey, Mineral Commodity Summaries, dated as of January 2026.
AIGH Capital Management ve 2. čtvrtletí nově koupila 149 000 akcií společnosti Sandisk za zhruba 338 786 000 USD. Podíl Sandisk tvoří 21,4 % jejího portfolia.
AIGH Capital Management LLC acquired a new position in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 149,000 shares of the data storage provider’s stock, valued at approximately $338,786,000. Sandisk makes up 21.4% of AIGH Capital Management LLC’s investment portfolio, making the stock its biggest holding. AIGH Capital Management LLC owned approximately 0.10% of Sandisk as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of Sandisk by 20.7% in the fourth quarter. State Street Corp now owns 5,281,522 shares of the data storage provider’s stock valued at $1,253,728,000 after buying an additional 904,933 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Sandisk by 44.9% in the fourth quarter. Geode Capital Management LLC now owns 3,655,860 shares of the data storage provider’s stock valued at $866,310,000 after purchasing an additional 1,133,276 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Sandisk by 31.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,478,002 shares of the data storage provider’s stock valued at $825,608,000 after purchasing an additional 828,332 shares during the period. Morgan Stanley increased its stake in Sandisk by 7.2% in the fourth quarter. Morgan Stanley now owns 2,970,361 shares of the data storage provider’s stock valued at $705,105,000 after purchasing an additional 199,545 shares during the last quarter. Finally, Norges Bank acquired a new position in Sandisk in the fourth quarter valued at $518,889,000.
Insider Activity In related news, insider Bernard Shek sold 600 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $1,162.16, for a total value of $697,296.00. Following the transaction, the insider owned 30,915 shares in the company, valued at approximately $35,928,176.40. This trade represents a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Alper Ilkbahar sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the completion of the transaction, the executive vice president owned 52,677 shares in the company, valued at $92,531,364.66. The trade was a 3.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,800 shares of company stock worth $6,504,856 over the last ninety days. Corporate insiders own 0.21% of the company’s stock.
Key Headlines Impacting Sandisk Here are the key news stories impacting Sandisk this week:
Positive Sentiment: Sandisk outlined an ambitious long-term financial model, including approximately 80% gross margins, 75% operating margins, 50% free-cash-flow margins and mid-to-high-teens revenue growth through the end of the decade. Management also highlighted long-term customer agreements intended to reduce exposure to the traditional memory boom-and-bust cycle. SanDisk Surges 55% From its July Low: Wall Street Just Got a New Roadmap Positive Sentiment: J.P. Morgan began coverage with an Overweight rating and a $2,250 price target, while Wedbush reaffirmed Outperform with a $2,000 target. Evercore ISI also maintained its Buy rating and $2,800 target. The recommendations reinforce expectations for additional earnings growth and potential shareholder returns. Sandisk Stock Tops the S&P 500 as Analysts Rally Behind Its AI Expansion Positive Sentiment: Analysts are raising earnings estimates following strong quarterly results and the Investor Day presentation. The company’s latest quarter significantly exceeded consensus expectations, while AI data-center demand and new flash-storage products are viewed as key growth catalysts. Positive Sentiment: Broader market conditions also helped: softer inflation data reduced expectations for a September Federal Reserve rate hike, supporting technology and semiconductor stocks. A strong sector-wide memory rally amplified buying in SNDK. Analyst Upgrades and Downgrades Several research firms recently weighed in on SNDK. New Street Research set a $3,000.00 target price on Sandisk in a research report on Thursday, August 6th. Zacks Research upgraded Sandisk from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. initiated coverage on shares of Sandisk in a research note on Friday. They set an “overweight” rating and a $2,250.00 price objective for the company. Weiss Ratings lowered shares of Sandisk from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Finally, Mizuho set a $1,900.00 target price on shares of Sandisk in a research report on Friday. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $1,999.27.
Get Our Latest Research Report on Sandisk
Sandisk Stock Performance Shares of Sandisk stock opened at $1,641.11 on Monday. Sandisk Corporation has a twelve month low of $42.82 and a twelve month high of $2,354.39. The stock has a market capitalization of $243.03 billion, a P/E ratio of 22.51, a PEG ratio of 0.16 and a beta of 5.21. The business’s fifty day moving average price is $1,667.87 and its 200 day moving average price is $1,186.09.
Sandisk (NASDAQ:SNDK – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The data storage provider reported $39.25 EPS for the quarter, topping the consensus estimate of $33.28 by $5.97. The company had revenue of $8.96 billion during the quarter. Sandisk had a return on equity of 87.84% and a net margin of 56.47%.The business’s revenue was up 371.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.29 earnings per share. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. As a group, sell-side analysts predict that Sandisk Corporation will post 208.92 EPS for the current year.
Sandisk announced that its board has initiated a stock repurchase program on Wednesday, August 5th that allows the company to repurchase $14.00 billion in shares. This repurchase authorization allows the data storage provider to reacquire up to 6.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.
About Sandisk (Free Report)
SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.
Further Reading Five stocks we like better than Sandisk The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding SNDK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sandisk Corporation (NASDAQ:SNDK – Free Report).
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Sandisk získává podporu díky víceletým smlouvám se zákazníky a rostoucí poptávce po úložištích pro AI, což má zlepšit viditelnost tržeb i ziskovosti. Akcie byly v pondělním premarketu výše o 5,68 % na 1734,40 USD.
Sandisk Corporation (NASDAQ:SNDK) stock gained almost 6% during Monday’s premarket session as risk appetite firms into the open and traders lean into the stock’s longer-term uptrend. Nasdaq futures are up 0.49% while S&P 500 futures have gained 0.14%.
Sandisk is drawing bullish attention from semiconductor analysts who see its shift toward multi-year customer contracts, rising AI-driven storage demand and expanding cash generation as forces that could make the traditionally cyclical memory business more predictable and profitable.
CEO Says Long-Term Contracts Are Reshaping the BusinessSandisk CEO David Goeckeler said the company now has detailed visibility into customer purchases for the next four years, including month-by-month demand forecasts.
“We know exactly what our customers are going to buy for the next 4 years,” Goeckeler said. Sandisk is responding by holding more finished goods so it can meet those commitments more predictably.
Goeckeler expects the transition to create “a very, very different business” by 2027, 2028 and 2029.
Cantor’s Muse Sees Significant Cash GenerationCantor Fitzgerald semiconductor analyst CJ Muse told CNBC last Friday that Sandisk could generate about $150 billion in free cash flow over the next four years, equivalent to roughly two-thirds of its current market capitalization.
Muse views the durability of Sandisk’s multi-year pricing contracts as central to that outlook. He also highlighted management’s plan to return 100% of excess cash to shareholders, primarily through buybacks, and described its 50% free cash flow margin target as “a pretty positive signal.”
Muse expects AI inference demand and the long timelines required to add new manufacturing capacity to keep industry supply tight for at least the next two to three years. He also projects Sandisk could generate more than $400 in earnings per share by 2030 if it delivers on its long-term framework.
Melius’ Reitzes Says AI Has Changed the Memory CycleMelius Research’s Ben Reitzes also told CNBC last Friday that AI has changed the traditional memory playbook. He said major customers increasingly want multi-year contracts with suppliers such as Sandisk and Micron Technology Inc (NASDAQ:MU) because they recognize that insufficient memory could constrain their AI infrastructure.
Reitzes argued that rising token usage and growing memory requirements are making reliable supply more strategically important for customers such as Alphabet Inc.’s (NASDAQ:GOOGL) Google.
He estimates Sandisk could repurchase roughly $100 billion of stock over the next three years and believes strong demand could allow the company to redirect supply if a customer breaks a contract.
Analysts See Greater Visibility and Less CyclicalityBoth Muse and Reitzes view Sandisk’s customer commitments as a turning point. Their outlook rests on the idea that AI-driven demand and longer-term contracts can give Sandisk better pricing and volume visibility while reducing some of the volatility historically associated with memory markets.
Muse emphasizes Sandisk’s potential earnings and free cash flow expansion, while Reitzes focuses on the opportunity to deploy that cash through significant share repurchases. Together, their views suggest that Sandisk’s evolving business model could support stronger and more durable shareholder returns if customer commitments and AI demand remain intact.
Sandisk carries a Buy consensus rating with an average price forecast of $2,213.71.
On Friday, RBC Capital raised its price forecast to $1,600 while maintaining a Sector Perform rating. Wells Fargo raised its forecast to $1,550 and kept an Equal-Weight rating. Wedbush maintained an Outperform rating and a $2,000 price forecast.
Top ETF Exposure Invesco S&P 500 Pure Growth ETF (NYSE:RPG): 9.61% Weight First Trust US Equity Opportunities ETF (NYSE:FPX): 7.37% Weight Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF): 7.06% Weight Significance: Because SNDK carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
Price ActionSNDK Stock Price Activity: SanDisk shares were up 5.68% at $1734.40 during premarket trading on Monday, according to Benzinga Pro data.
Sandisk oznámil kontrakty se zákazníky v celkové hodnotě 93,9 miliardy USD a schválil zpětný odkup akcií za 20 miliard USD. Firma zároveň uvedla, že její tržby ve fiskálním roce dosáhly 20 miliard USD.
Sandisk’s Margins Look Like Software. Can They Last?Sandisk NASDAQ: SNDK used its investor event to outline a strategy centered on NAND technology scaling, longer-term customer agreements, AI data-center demand and shareholder cash returns.
Chairman and Chief Executive Officer David Goeckeler said the company has spent the past 18 months strengthening its technology roadmap, supply position and customer relationships following its separation from Western Digital. He said Sandisk now has a debt-free balance sheet, significant cash reserves and a business model designed to generate sustained free cash flow.
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MarketBeat Week in Review – 08/03 - 08/07“I feel like I’ve finally gotten to the starting line of where the real value creation is going to happen,” Goeckeler said.
Technology roadmap and capital efficiency Chief Technology Officer Alper Ilkbahar said Sandisk and joint-venture partner Kioxia have expanded their NAND roadmap to 19 generations, including the recently introduced BiCS9 and BiCS10 technologies. Sandisk’s technology strategy prioritizes lateral, logical and architectural scaling over simply adding layers, he said.
Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is FallingIlkbahar said Sandisk and Kioxia produced 29% of industry bit output from 2021 through 2025 while accounting for 13% of capital expenditures. In 2025, he said, the industry spent an average of 2.66 times more capital than Sandisk and Kioxia to generate comparable output.
BiCS9 combines the BiCS8 memory array with a newer CMOS wafer using hybrid-bonding technology, a configuration designed for hyperscale customers seeking higher performance with limited incremental capital spending. BiCS10, meanwhile, includes a 1-terabit TLC die that began sampling this month and a 2-terabit QLC die that Sandisk described as the world’s highest-density memory chip.
According to Ilkbahar, the BiCS10 2-terabit wafer contains 65% more bits than the comparable BiCS8 die. The company’s BiCS5 through BiCS11 roadmap is expected to support a 27% compound annual growth rate in bits per wafer, based on Sandisk’s projections.
AI infrastructure opportunity Sandisk’s executives emphasized the growing role of flash storage in AI systems, particularly as the industry shifts its focus from model training toward inference. Chief Product Officer Khurram Ismail said flash is used across AI data lakes, data staging, checkpointing and key-value, or KV, cache applications.
Ismail described persistent KV cache as an increasingly important storage layer that supplements high-bandwidth memory and DRAM. He said longer conversations, agentic AI workflows, multimodal content and larger context windows are expanding the demand for stored inference context.
Sandisk estimates that AI data-center storage demand could reach 1 zettabyte of installed persistent KV-cache capacity by 2030. The company expects KV cache to account for 35% of the AI data-center flash market that year.
The company also said its TLC and QLC enterprise SSDs are qualified with major hyperscalers, OEMs and other customers. Sandisk demonstrated a PCIe Gen 6 enterprise SSD and an E3-form-factor drive with more than 256 terabytes of capacity at the recent Flash Memory Summit.
In internal testing, Ismail said a system using SSDs consumed 75% less energy and delivered 75% higher token throughput than a system relying only on volatile HBM and DDR memory, though he noted results depend on workload characteristics.
Market outlook and customer agreements Vice President of Market Intelligence Eric Cherrstrom said Sandisk expects the flash market to reach 1.2 zettabytes of shipments in 2026. He forecast the flash market will exceed $300 billion in calendar 2026 and approach $500 billion in 2027, reflecting data-center demand associated with AI infrastructure.
Cherrstrom said data-center storage represented roughly 20% of NAND bit demand in the early 2020s, 30% last year and 50% this year. He also said the industry has structurally reduced capacity from its 2022 peak, while technology migrations continue to support mid- to high-teens production growth.
Chief Financial Officer Luis Visoso provided additional details on Sandisk’s new business models, or NVMs, which are multiyear customer arrangements structured around supply commitments, growing volumes, fixed and variable pricing components, and financial guarantees.
Sandisk has eight NVM customer engagements, including three U.S. hyperscalers. The agreements have an average duration of more than four years, with the longest lasting five years. Total contract value is $93.9 billion, with $91.1 billion in remaining performance obligations. The agreements include $16.5 billion in financial guarantees, including $2.9 billion in customer deposits and credits. Visoso said the company expects NVMs to become the largest portion of its business because they offer more predictable demand and less volatility than quarterly price negotiations. He said Sandisk expects revenue to grow at a mid- to high-teens rate from 2028 through 2030, with non-GAAP gross margin around 80%, non-GAAP operating margin around 75% and adjusted free-cash-flow margin around 50%.
For 2027, Sandisk expects bit growth in the mid-teens and modest sequential price increases throughout the year, Visoso said.
Cash returns and emerging memory Visoso said Sandisk generated $20 billion of revenue, 71.6% gross margin and $8.7 billion of free cash flow during the reported fiscal year, excluding NVM prepayments. In the fourth quarter, the company generated $5 billion of adjusted free cash flow and returned $4.5 billion to shareholders through repurchases.
The board has authorized $20 billion in share repurchases, of which $4.5 billion had been used, leaving $15.5 billion available, Visoso said. He said all excess cash after business investment and balance-sheet needs would be returned to shareholders.
Sandisk also updated investors on High-Bandwidth Flash, or HBF, a technology intended to deliver HBM-like bandwidth with substantially higher capacity for AI inference. Ilkbahar said the company has taped out its first HBF memory die and expects to provide initial HBF inference-device samples to customers next year. HBF revenue was not included in the company’s financial model.
About Sandisk (NASDAQ:SNDK)SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.
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FTAI uzavřela warehouse financování ve výši 2,0 miliardy USD pro 2026 SPV s opcí na navýšení kapacity o 1,0 miliardy USD až na 3,0 miliardy USD. Výnosy budou financovat nákup letadel 737NG a A320ceo.
Facility Includes $1.0 Billion Accordion for Total Potential Capacity of $3.0 Billion | Source: FTAI Aviation Ltd.
NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) today announced the closing of a $2.0 billion warehouse financing facility (the "Facility") for the 2026 SPV, the second investment vehicle of FTAI’s Strategic Capital business. The Facility, which closed on August 14, 2026, was syndicated among 13 financial institutions and includes a $1.0 billion accordion feature that provides for potential total capacity of $3.0 billion. Proceeds will finance the 2026 SPV’s acquisition of on-lease, mid-life 737NG and A320ceo aircraft beginning this month, with FTAI performing all engine maintenance through its Maintenance, Repair and Exchange business. With this closing, FTAI’s Strategic Capital vehicles have now raised $5.5 billion of warehouse financing in less than two years.
The Facility follows the successful deployment of the 2025 SPV, FTAI's inaugural Strategic Capital vehicle, which raised $2.0 billion of equity commitments in October 2025. This deployment reflects the vehicle's position as a differentiated buyer of mid-life narrowbody aircraft, combining asset ownership with the Company’s leading engine maintenance capabilities.
“This financing represents continued execution of our Strategic Capital business plan,” said Kallie Steffes, Head of Strategic Capital at FTAI. "Less than two years after launch, our inaugural vehicle has committed approximately $6.0 billion of total capital across over 300 aircraft and is now in its harvest phase. We are grateful to our lending partners, whose support reflects growing confidence in our platform as we carry this momentum and a robust pipeline of new acquisitions into the 2026 SPV.”
ATLAS SP Partners and Deutsche Bank served as co-structuring agents on the Facility. The lender group comprises ATLAS SP Partners, Deutsche Bank, Apple Bank, BNP Paribas, Citibank, Citizens Bank, Goldman Sachs, MUFG Bank, PNC Bank, Royal Bank of Canada, Standard Chartered, Truist Bank and U.S. Bank.
Gibson, Dunn & Crutcher LLP served as counsel to FTAI and Clifford Chance US LLP served as counsel to the lenders.
Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to the intended use proceeds and the 2026 SPV’s capital commitments. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond the Company’s control. The Company can give no assurance that its expectations will be attained and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on the Company’s website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Nothing on the Company’s website is included or incorporated by reference herein.
About FTAI
FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com.
For further information, please contact:
FTAI:
Charlie Arestia
Investor Relations
(646) 276-4418 [email protected]
Media:
Tim Lynch / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
Apple změní pravidla souhlasu s používáním osobních údajů pro cílenou reklamu v aplikacích po zásahu německého antimonopolního úřadu. Úřad uvedl, že jeho vlastní výzvy k souhlasu byly zvýhodněné oproti třetím stranám.
Apple will change rules governing how app developers can use personal data for targeted advertising on iPhones and iPads, Germany's competition authority said on Monday, closing a years-long investigation.
The Federal Cartel Office found that Apple's App Tracking Transparency framework gave its own apps more favourable consent prompts than those of third-party developers, potentially breaching competition rules.
Apple has four months to implement the changes after the decision is served. Commitments run for seven years and will be monitored by a trustee.
Under the commitments, consent pop-ups for third-party apps must be redesigned to remove discouraging language and symbols, and made visually and linguistically neutral.
Third-party app publishers will also gain more flexibility to combine Apple's required consent request with separate data-protection consent prompts.
Apple said the changes would apply in almost all European Union countries and that it had adapted the text and design of the consent prompt at the authority's request.
Developers of third-party apps, including Facebook parent Meta Platforms (META.O), aim for accurate user data so that targeted adverts can be displayed on devices. These generate more revenue than broader campaigns.
France and Italy have already fined Apple €150 million and €98.6 million, respectively, over the ATT framework.
Altrafin AG cut its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 95.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 563 shares of the social networking company’s stock after selling 11,497 shares during the quarter. Altrafin AG’s holdings in Meta Platforms were worth $317,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of META. Ashton Thomas Securities LLC lifted its stake in Meta Platforms by 17.4% in the first quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company’s stock worth $10,299,000 after acquiring an additional 2,670 shares during the last quarter. Keybank National Association OH increased its position in shares of Meta Platforms by 15.7% in the 4th quarter. Keybank National Association OH now owns 133,798 shares of the social networking company’s stock valued at $88,319,000 after purchasing an additional 18,169 shares during the last quarter. WMS Group LLC acquired a new stake in shares of Meta Platforms in the 4th quarter valued at $876,000. Consolidated Investment Group LLC lifted its position in shares of Meta Platforms by 61.2% during the 4th quarter. Consolidated Investment Group LLC now owns 7,900 shares of the social networking company’s stock worth $5,215,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after purchasing an additional 7,269,279 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Meta Platforms Price Performance Shares of NASDAQ META opened at $589.85 on Monday. The stock has a market cap of $1.50 trillion, a PE ratio of 22.22, a price-to-earnings-growth ratio of 1.01 and a beta of 1.25. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The business has a 50-day moving average price of $595.94 and a 200 day moving average price of $620.04.
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The firm had revenue of $60.80 billion for the quarter, compared to analysts’ expectations of $60.22 billion. During the same quarter in the prior year, the business earned $7.14 EPS. The company’s quarterly revenue was up 28.0% compared to the same quarter last year. Equities research analysts forecast that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.
Meta Platforms Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is 7.91%.
Insiders Place Their Bets In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider directly owned 1,118 shares of the company’s stock, valued at approximately $681,890.56. This trade represents a 65.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction on Monday, July 6th. The shares were sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the completion of the transaction, the chief operating officer owned 9,498 shares in the company, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 17,772 shares of company stock worth $10,823,658 over the last ninety days. Corporate insiders own 13.53% of the company’s stock.
Trending Headlines about Meta Platforms Here are the key news stories impacting Meta Platforms this week:
Positive Sentiment: Analysts remain constructive on Meta’s long-term outlook, citing 28% revenue growth, resilient advertising demand and additional monetization opportunities in WhatsApp. Some commentary argues that the market is assigning little value to future AI and messaging revenue streams. Meta Has $27 Billion That Isn’t On Its Balance Sheet Positive Sentiment: Meta released Glimmer, an open-weight AI model that users can download and run on their own hardware, supporting Mark Zuckerberg’s strategy of broadening access to AI. The move could strengthen developer adoption and Meta’s competitive position, although its financial payoff is uncertain. Meta’s open AI, and a $250M deal gone very wrong Neutral Sentiment: Meta removed approximately 756,000 suspected under-16 accounts in Australia—462,000 from Instagram and 294,000 from Facebook—as it enforces the country’s youth social-media restrictions. The action demonstrates regulatory compliance but may raise moderation costs and reduce engagement among younger users. Meta says it has taken down 756,000 Australian teen accounts Neutral Sentiment: Institutional trading was mixed: Dodge & Cox increased its position by 1.47 million shares, while Sands Capital and Columbus Hill reduced their stakes. These transactions may influence sentiment but do not by themselves change Meta’s fundamentals. Dodge and Cox boosts Meta Platforms stake Negative Sentiment: A Ninth Circuit ruling removed a procedural barrier to more than 3,000 lawsuits alleging Meta’s product features harm young users. The court did not determine liability, but the decision allows the cases to proceed and adds potential litigation costs, damages and pressure to change platform design. How Serious Are Thousands of Addiction Lawsuits for Meta and Snap? Negative Sentiment: Investors remain concerned that Meta’s roughly $145 billion AI investment plan and major data-center projects could produce diminishing returns, compress margins and weigh on free cash flow before monetization catches up. Meta: Diminishing Q2 CapEx ROI Is Alarming Negative Sentiment: Meta COO Javier Olivan disclosed additional sales under a pre-arranged Rule 10b5-1 plan, while several funds also trimmed holdings. Although planned insider sales are not necessarily bearish, they can add to near-term selling pressure. Meta COO insider stock sale Wall Street Analysts Forecast Growth Several equities analysts recently commented on the company. Scotiabank reissued a “sector perform” rating and issued a $600.00 target price on shares of Meta Platforms in a report on Thursday, July 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a research note on Monday, June 1st. DA Davidson decreased their price target on Meta Platforms from $850.00 to $700.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Benchmark assumed coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set a “buy” rating for the company. Finally, Stifel Nicolaus dropped their price objective on Meta Platforms from $805.00 to $780.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $785.32.
Read Our Latest Analysis on META
Meta Platforms Profile (Free Report)
Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.
Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.
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SpaceX podle dokumentů k IPO plánuje utratit přes 2,8 miliardy USD za plynové turbíny pro provoz datových center s AI xAI. Turbíny mají napájet komplex Colossus u Memphisu.
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In March 2015, Elon Musk told Neil deGrasse Tyson that the burning of fossil fuels “the dumbest experiment in history, by far,” arguing that since reserves are finite and a clean-energy transition is inevitable, altering the atmosphere made no sense. Eleven years later, disclosures in the IPO filing for SpaceX (NASDAQ:SPCX | SPCX Price Prediction) revealed plans to spend more than $2.8 billion on natural gas turbines over three years to power AI data center operations, as reported by WIRED on May 20, 2026 and Benzinga on May 21, 2026. The turbines feed the Colossus compute complex near Memphis, Tennessee.
What the $2.8 Billion Buys Of the total, roughly $2 billion is earmarked for mobile gas turbines, with a separate $805 million in turbine orders already placed and deliveries running through 2029. The power is for xAI, which is now part of SpaceX following a merger completed in early 2026 at a reported $1.25 trillion valuation, per Reuters, Built In and GovCon Wire. Teslarati reported in February 2026 that the merger was structured to keep legal liability and debt at arm’s length.
The scale of compute demand is visible in the tenant list. Data Center Dynamics reported on May 21, 2026, based on the SpaceX IPO filing, that Anthropic is set to pay Musk’s firm $1.25 billion a month to rent xAI data center space. On the call for SpaceX’s first quarter as a public company, Musk said AI segment revenue reached $2.6 billion, up 247% year over year, with compute capacity now at 1.4 gigawatts nameplate and a target of 20 gigawatts of power, cooling, and electrical equipment online by the end of 2027.
Why Gas, and Why Now AI data centers require large, fast-ramping loads that the U.S. grid often cannot supply on the required timeline. Some regions have imposed moratoriums on new data center grid connections extending into 2030. Operators are turning to on-site natural gas, sometimes called “behind-the-meter” or “dark energy” power. Electrek reported on August 10, 2026 that Musk’s Terafab chip plant will run on gas rather than Tesla solar.
The Memphis Backstory xAI has operated dozens of turbines near Memphis. Reported counts have ranged from roughly 46 to 69 turbines at various points in different reports, with only about 15 officially permitted by state regulators. xAI’s position is that trailer-mounted “mobile” units do not require the same state air quality permits as fixed installations. The EPA has determined this interpretation puts the company in violation of federal air pollution rules.
The NAACP and the Southern Environmental Law Center have sued xAI seeking an injunction, citing potential nitrogen oxide emissions of more than 2,000 tons annually in a region with among the poorest air quality in the country. The U.S. Department of Justice has weighed in on the company’s side, characterizing the turbines as a matter of national, economic and energy security, per Electrek reporting on June 17, 2026. The litigation remains active.
Where It Stands TechCrunch reported on July 31, 2026 that SpaceX will not remove all of xAI’s unpermitted turbines for another year. The AI Insider reported on August 3, 2026 that the unpermitted units will be phased out by 2027 while a permanent gas plant is built, reported at roughly 41 turbines in the 16 to 50 megawatt range. Battery storage is going in alongside the gas: Electrek reported on June 4, 2026 that xAI purchased another $269 million of Tesla Megapacks from Tesla (NASDAQ:TSLA).
Tesla shares closed at $342.27 on August 14, 2026, down 23.89% year to date. SPCX closed at $140. The unresolved question is whether Memphis becomes a template for how AI infrastructure gets built in the United States, or a warning.
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ARK Invest Cathie Woodové nakoupil od 21. června do 5. srpna odhadovaných 450 000 akcií Tesly za 170 až 180 milionů USD. Tesla je letos jediným jménem z Mag 7 s poklesem přes 20 %.
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Cathie Wood’s ARK Invest has poured cash into Tesla (NASDAQ:TSLA | TSLA Price Prediction) at a pace unmatched among the Magnificent Seven, buying an estimated 450,000 shares across roughly 45 days from June 21 to Aug. 5, 2026, worth an estimated $170 million to $180 million. The buying trail, reconstructed from separately dated reports by multiple outlets rather than a single ARK or SEC disclosure, comes as Tesla stands out as the weakest Mag 7 name of the year. Per Motley Fool, ARK’s combined Tesla holdings across its ETF family stood at $870.6 million as of the Aug. 5 purchase.
Tesla’s 2026 Backdrop Through the Aug. 14 close, Tesla was down 23.89%, closing at $342.27, from $449.72 at the end of 2025. The rest of the Mag 7 looked very different: Meta down 10.49%, at $589.85; Microsoft up 2.89%, at $495.40; Alphabet up 10.65%, at $345.90; Apple up 12.84%, at $305.93; Amazon up 13.79%, at $262.65; and NVIDIA up 20.87%, at $225.16. Tesla is the only Mag 7 name down more than 20% on the year.
The stock fell 18% following its Q2 2026 earnings report, when Tesla posted Q2 revenue of $28.24B (+25.5% YoY) but non-GAAP EPS of $0.33 against a $0.54 estimate and operating margin compressed to 1.4%. The stock reached a fresh 52-week low around Aug. 5, 2026. Direction has since turned: Tesla is up 4.17% over the past week, from $328.58 on Aug. 7 to $342.27 on Aug. 14, though it is down 13.23% over the past month and up 1.99% over a full year.
The Reported Buying Trail Days after ARK trimmed Tesla to fund its SpaceX position, GuruFocus reported ARK bought 54,815 shares on June 21, 2026, followed by 21,226 shares on June 24, approximately $8.1 million. On July 2, 2026, ARK added 96,935 shares, approximately $38.1 million, reported as the largest single-day Tesla buy of 2026 to that point.
Blockonomi reported that immediately after the Q2 selloff, ARK bought 160,151 shares on July 23, 2026, roughly $50 to $60 million. Ark Invest Tracker via crypto.news then reported 40,281 shares on July 28, approximately $12.4 million. Motley Fool reported an estimated 45,000 shares on Aug. 5, approximately $14.3 million, with the exact share count backed into from the dollar amount and that day’s price.
What the Filings Can and Cannot Confirm ARK Investment Management’s 13F, filed Aug. 14, 2026 and covering the quarter ended June 30, 2026, reported 2,759,800 Tesla shares valued at $1,160,772,073, representing 0.0699% of the class. That filing also showed a net reduction of 71,529 shares over the second quarter. Readers can view it via Tesla’s SEC filings page.
The Motley Fool figure covers four ETFs as of Aug. 5, while the 13F covers the entire manager as of June 30. A 13F is a quarter-end snapshot with no trade dates and no individual buys or sells. The Q2 net reduction is consistent with the reported timeline, because ARK sold Tesla earlier in the quarter to fund SpaceX before resuming purchases in late June. The July and August buys fall in the third quarter, which will not be disclosed until roughly mid-November 2026, and only as a single net figure.
The Position and Broader Activity Per Motley Fool, the $870.6 million ETF-family position split as ARK Innovation Fund $545.4 million (10.06% weight), Autonomous Technology & Robotics ETF $181.1 million (9.79%), Next Generation Internet ETF $120.6 million (7.86%), and Space & Defense Innovation ETF $23.4 million (3.33%). Per TheStreet, during July 24 to 28, ARK also bought Circle Internet Group, WeRide, Kodiak AI and Pony AI while trimming Figma, 10x Genomics and Caterpillar.
Wood’s Stated Thesis Wood maintains a 2029 Tesla price target of $2,600 per share, implying an upside of more than 700% from recent levels. Her rationale centers on Tesla’s autonomous vehicle ambitions, robotaxis and full self-driving technology, which she has said represent most of Tesla’s upside. ARK has bought into most Tesla declines during 2026 rather than reducing exposure.
Wall Street sits far from that mark. The analyst target price is $395.34, with ratings split across 6 Strong Buy, 17 Buy, 18 Hold, 4 Sell and 2 Strong Sell. Whether Wood’s conviction pays off or compounds losses in the weakest Mag 7 name of 2026 remains an open question.
Contact [email protected] for any questions or corrections.
Tesla se po slabším období stabilizuje a za týden přidala 4,2 %, zatímco od začátku roku je stále 23,9 % v minusu. Tržby za 2. čtvrtletí vzrostly o 25,52 % na 28,24 miliardy USD, ale upravený EPS 0,33 USD zaostal za odhadem 0,5367 USD.
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Tesla shares have steadied after a rough stretch, closing at $342.27 on August 14, 2026, up 4.2% over the prior week even as the stock remains down 23.9% year to date. Tesla (NASDAQ:TSLA | TSLA Price Prediction) has a $1.4 trillion market cap and a trailing P/E of 311, with analysts holding an average target of $395.34. Here are six catalysts investors are watching, followed by the profitability problem that could stall them.
1. China Momentum Shanghai wholesale sales hit 93,579 vehicles in July 2026, up 37.85% year over year, a ninth consecutive month of growth and the best July on record. Year to date, China wholesale sales reached 561,528 units, roughly 29.88% higher than the same period last year. In Q2, Shanghai exports of 128,394 vehicles exceeded domestic deliveries of 126,157 for the first time.
2. Record Global Deliveries Q2 2026 deliveries reached 480,126, a second-quarter record, up about 25% year over year and past the 402,776 consensus, led by a European rebound (Reuters, July 2, 2026). Morningstar’s Seth Goldstein, who had modeled a third straight annual decline, said afterward it would be “very hard to see a decline for the full year.”
3. Sweden Overhang Cleared Swedish union IF Metall announced the end of its nearly three-year industrial action against Tesla on August 13, 2026, saying the conflict no longer had any effect after Tesla bought out the union’s striking members. Shares rose on the news.
4. Energy Expansion A proposed multibillion-dollar solar facility in Texas, known internally as Project Crystal Sun, would pair solar manufacturing with the Megapack and Powerwall business, aimed at meeting data center and industrial power demand. The EIA projects U.S. electricity consumption growing 1.3% in 2026 and 2.9% in 2027, with commercial demand leading.
5. Robotaxi Footprint Autonomous ride-hailing has expanded into Orlando and Tampa, alongside Austin, Dallas, Houston, and Miami, with Cybercab production expected to ramp later this year. Tesla said on the July call that “we have driven more than 380,000 miles of unsupervised Robotaxi” and Elon Musk added that growth was “more than 10% a week in terms of miles driven.” Commercial adoption remains early; the value is future potential.
6. Wall Street Underwrites the AI Story UBS raised its price target to $442 from $364, citing potential value from Optimus, Full Self-Driving, and the Dojo computing platform. Active FSD subscriptions reached 1.48 million in the second quarter, up 56% year over year, with attach rates above 55% on new North American deliveries.
The Profitability Problem Q2 2026 results were mixed. Adjusted EPS came in at $0.33 versus the $0.5367 consensus estimate, a 38.51% miss, while revenue of $28.24 billion beat by 7.10% and grew 25.52% year over year. Free cash flow turned negative at –$1.09 billion as capital spending surged 141.81% to $5.79 billion, and operating margin compressed to 1.4%. Musk guided that “CapEx for this year will be more than $25 billion” and rising further. Regulatory credit revenue keeps sliding, and Freedom Broker analyst Dmitriy Pozdnyakov estimated U.S. sales likely fell at least 10% in the quarter after the EV tax credit expired. The bull case is credible. The near-term earnings math is not, and that gap is what any rally must close.
Contact [email protected] for any questions or corrections.
Tilray Medical spustila ve Velké Británii přímý prodej svých konopných květových produktů značky Tilray Medical prostřednictvím Lyphe Clinic a Lyphe Dispensary. Firma tím rozšiřuje dostupnost pro pacienty a podporuje růst své britské platformy.
LONDON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Tilray Medical, a global leader in medical cannabis research, cultivation, production and distribution and a division of Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), today announced the UK launch of Tilray Medical-branded cannabis flower products through Lyphe Clinic and Lyphe Dispensary, creating a direct-to-patient channel that broadens access for patients across the country and supports the continued commercial growth of Tilray Medical-branded cannabis medicines in the UK.
The launch marks an important milestone in Tilray’s integration of Lyphe Group and demonstrates the Company’s differentiated medical cannabis platform in the UK, bringing together European cultivation, pharmaceutical manufacturing, clinical care, prescribing, dispensing and patient support within a connected healthcare model.
Rajnish Ohri, President, International, Tilray Brands, stated: “This launch is a defining step in Tilray Medical’s UK strategy and a powerful example of how we are building a more connected, patient-centered medical cannabis platform. By bringing Tilray Medical-branded cannabis medicines to patients through Lyphe Clinic and Lyphe Dispensary, we are combining high-quality European cultivation and pharmaceutical manufacturing with trusted clinical, prescribing, dispensing and patient care services. This integrated model strengthens responsible access for patients, supports healthcare practitioners and reinforces Tilray Medical’s commercial leadership in regulated medical cannabis markets.”
Tilray Brands acquired Lyphe Group in April 2026, establishing a differentiated UK medical cannabis platform spanning clinical care, prescribing, dispensing and pharmaceutical distribution. The addition of Tilray Medical products to Lyphe Clinic and Lyphe Dispensary strengthens this model by connecting Tilray Medical’s global production network with Lyphe’s established patient and pharmacy infrastructure.
The rollout reflects Tilray Medical’s commitment to responsible access across regulated international medical cannabis markets and leverages the scale, quality standards and supply-chain capabilities of its global operations. The range available through Lyphe Clinic and Lyphe Dispensary is expected to expand over the coming months, with Tilray Medical products cultivated and produced through the Company’s international production network, including its EU-GMP-certified facility in Portugal.
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX and Broken Coast. Tilray grew from one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers and governments in 20 countries across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, and Tilray Medical Australia-New Zealand.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia and Latin America. Tilray is building a transformative platform at the nexus of cannabis, beverage, wellness and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in more than 20 countries, including comprehensive cannabis offerings, hemp-based foods and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward looking statements in this communication include, but are not limited to, statements regarding the integration of Lyphe Group into Tilray Medical's operations; the anticipated benefits of such integration; the expansion, development and commercialization of Tilray Medical's UK platform; expectations regarding future product availability and commercialization opportunities; the Company's ability to support patient access in regulated markets; and the Company's position and growth prospects within the international medical cannabis industry. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Clark Asset Management LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 7.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,313 shares of the computer hardware maker’s stock after selling 3,536 shares during the quarter. NVIDIA makes up 0.7% of Clark Asset Management LLC’s portfolio, making the stock its 26th biggest position. Clark Asset Management LLC’s holdings in NVIDIA were worth $8,466,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of NVIDIA during the fourth quarter worth approximately $62,244,133,000. J. Stern & Co. LLP raised its holdings in NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after acquiring an additional 124,849,603 shares in the last quarter. Cardano Risk Management B.V. boosted its stake in NVIDIA by 896.4% during the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after acquiring an additional 70,283,539 shares during the last quarter. Capital Research Global Investors boosted its stake in NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after acquiring an additional 22,896,705 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after acquiring an additional 21,725,326 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
NVIDIA Price Performance Shares of NVIDIA stock opened at $225.16 on Monday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $206.14 and its 200-day simple moving average is $198.60. The stock has a market capitalization of $5.45 trillion, a price-to-earnings ratio of 34.48, a PEG ratio of 0.44 and a beta of 2.23. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 EPS. Equities research analysts forecast that NVIDIA Corporation will post 8.79 earnings per share for the current year.
NVIDIA Increases Dividend The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.
NVIDIA announced that its board has authorized a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.
Key Stories Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: UBS expects another major earnings beat. The firm reiterated a Buy rating and $280 price target, forecasting that NVIDIA could exceed its fiscal second-quarter revenue outlook of $91 billion by several billion dollars as GB300 demand ramps ahead of the Vera Rubin platform. UBS earnings outlook Positive Sentiment: A proposed $500 billion financing initiative could expand customers’ purchasing capacity. Apollo, BlackRock, Brookfield, Goldman Sachs and other financial firms are discussing capital pools and securitized loans for AI data centers. The structure could support continued GPU deployments and create a secondary market for older NVIDIA systems. NVIDIA GPU financing deal Positive Sentiment: Demand catalysts continue to broaden. NVIDIA is promoting open-source AI tools, expanding into robotics and physical AI, partnering with former rival Groq, and deepening its networking and infrastructure business. A $2 billion investment in Marvell also highlights efforts to strengthen the broader AI supply chain. NVIDIA open-source AI strategy Neutral Sentiment: Market volatility appears driven more by liquidity than fundamentals. Asian market circuit breakers and currency-related selling pressured semiconductor shares, but the underlying hyperscaler data-center buildout and long-term AI infrastructure commitments remain intact. Asian market volatility and AI demand Negative Sentiment: Expectations and valuation leave little room for disappointment. Analysts note that NVIDIA’s strong pre-earnings performance has set a high bar, while critics—including Michael Burry—warn that AI financing may become circular if customers rely heavily on borrowed capital. Concerns also include power, labor and chip-supply bottlenecks, as well as the risk that Chinese developers optimize models for Huawei hardware instead of U.S. GPUs. AI infrastructure bottlenecks Analysts Set New Price Targets Several equities research analysts have recently weighed in on NVDA shares. Stifel Nicolaus set a $282.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a research report on Thursday, May 21st. Mizuho set a $300.00 price target on NVIDIA in a research note on Thursday, May 21st. Robert W. Baird set a $500.00 price target on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Susquehanna restated a “positive” rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Finally, DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $305.94.
Read Our Latest Report on NVDA
Insider Activity In other news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by company insiders.
NVIDIA Profile (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
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Daily Home Depot Chart – Source: ActivTrader A Resilient First Quarter, But Little Evidence of a Housing Rebound Home Depot entered the new quarter after a mixed fiscal first quarter. Revenue increased 4.8% year over year to $41.8 billion, helped in part by acquisitions and currency movements. Yet comparable sales rose only 0.6%, while comparable sales in the U.S. increased 0.4%. Net earnings declined to $3.3 billion from $3.4 billion a year earlier, with adjusted diluted EPS falling to $3.43 from $3.56.
The company was still growing, but the underlying retail environment remained subdued. Management said demand was broadly similar to fiscal 2025 despite greater consumer uncertainty and housing affordability pressure.
That makes comparable sales one of the most important figures for traders to watch in the upcoming report. Revenue growth alone could become less informative as Home Depot integrates acquisitions and expands its professional distribution operations. A stronger acceleration in organic sales would provide a more convincing signal that the underlying consumer is becoming more willing to spend.
The company has maintained its fiscal 2026 guidance, calling for total sales growth of approximately 2.5% to 4.5% and comparable sales growth between flat and 2%. It also expects adjusted operating margins of 12.8% to 13.0% and adjusted EPS growth of approximately flat to 4%.
For traders, the key question is therefore less whether Home Depot can meet its existing targets and more whether the second-quarter performance gives management a reason to raise, lower or simply reaffirm those expectations.
This matters to Home Depot because a move generates spending. New homeowners typically need to furnish, repair, upgrade and personalize properties, while sellers can undertake projects to improve the attractiveness of their homes. When fewer homes change hands, some of this activity disappears.
The result is a bifurcated market: essential maintenance can remain relatively resilient, while discretionary projects such as major kitchen, bathroom or outdoor renovations are more vulnerable to postponement.
The Pro Customer Could Be Home Depot’s Biggest Earnings Catalyst One of the clearest ways Home Depot is attempting to reduce this cyclicality is by expanding its professional customer business.
The Pro segment already represents roughly half of Home Depot’s revenue, and the company has invested heavily in building an end-to-end ecosystem for contractors and other professionals. The $18.25 billion acquisition of SRS Distribution in 2024 was central to that strategy, while the subsequent acquisition of GMS expanded the company’s reach in specialty building products.
This is important because professional customers tend to purchase products for ongoing construction, repair and maintenance work rather than discretionary projects by individual homeowners. That can make demand more recurring and potentially less sensitive to housing transactions.
The upcoming earnings report should therefore be read carefully for evidence that the acquisitions are generating genuine revenue synergies rather than simply adding scale. Traders should watch sales growth within the Pro business, the integration of SRS and GMS, and whether management sees additional investment requirements.
A successful integration could strengthen Home Depot’s competitive position while expanding its addressable market. The company estimates that the professional market is roughly $300 billion, leaving substantial room for share gains.
Large-ticket Spending Is the Critical Consumer Signal Home Depot’s results could also hinge on the behaviour of consumers making bigger purchases.
The previous quarter showed that customers remained engaged, but not necessarily willing to commit to expensive projects. Management commentary around large-ticket transactions could therefore prove more important than headline revenue.
Traders should ask whether consumers are still prioritizing need-based purchases over discretionary renovations. If big-ticket demand remains weak, it would suggest that housing affordability and economic uncertainty are still suppressing the highest-value portion of the business. Conversely, a stabilization in major projects could be an early indication that consumers are becoming more comfortable with the macroeconomic environment.
This is particularly relevant because a recovery in mortgage rates could eventually unlock pent-up demand. But for now, the housing market remains constrained. The July decline in existing-home sales reinforces the view that a broad housing-led recovery has yet to materialize.
Margins, Tariffs and the Balance Sheet Revenue is not the only area traders should monitor. Higher transportation, input and sourcing costs could create additional pressure on gross margins, particularly if tariffs raise the cost of imported merchandise.
Home Depot also carries a higher debt burden following its acquisitions. The company raised $10 billion of debt to help finance the SRS transaction and had nearly $56 billion in total debt at the end of 2025. Share repurchases have consequently been halted, making cash flow and balance-sheet discipline more relevant to the stock’s valuation.
The company’s ability to protect margins while continuing to invest in supply chain infrastructure, merchandising and its Pro network will therefore be an important part of the earnings story.
CEO Uncertainty Adds Another Layer for Traders Home Depot also enters the report with an unusual management issue. CEO Ted Decker is taking a temporary medical leave of absence, with executives Ann-Marie Campbell and CFO Richard McPhail overseeing operations and financial matters during his absence. He is expected to return in the coming months.
For traders, the issue is less about the short-term operational impact and more about whether management provides clarity on strategic priorities and the timing of Decker’s return.
What to Focus on Home Depot’s earnings are likely to be judged against a relatively low-growth backdrop. The most important signals will be comparable sales, large-ticket demand, Pro sales, gross and operating margins, commentary on tariffs and costs, and whether full-year guidance remains intact.
The opportunity is that Home Depot has several structural advantages. Its scale, brand recognition, supplier relationships and distribution network provide a significant competitive moat, while its expansion into professional and maintenance-related categories could make revenue less dependent on discretionary homeowner spending.
The risk is that these strengths may not be enough to overcome a housing market where affordability remains stretched and transactions remain subdued.
For HD traders, the earnings reaction may therefore depend less on whether Home Depot simply beats or misses estimates and more on what the report says about the timing of a housing recovery. If Pro demand is accelerating while large-ticket consumer spending stabilizes, the market could start pricing in a stronger second half. If management instead highlights continued caution, weak housing turnover and rising costs, investors may conclude that the recovery remains further away.
Sources: Home Depot, CNBC, MorningStar, Reuters, AP News, Barron’s, Yahoo Finance
Compagnie Lombard Odier SCmA ve 2. čtvrtletí snížila podíl v McDonald’s o 1,4 % a prodala 4 401 akcií. Fond nyní drží 320 756 akcií za 86,7 milionu USD.
Compagnie Lombard Odier SCmA lowered its position in McDonald’s Corporation (NYSE:MCD – Free Report) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 320,756 shares of the fast-food giant’s stock after selling 4,401 shares during the period. McDonald’s comprises about 0.9% of Compagnie Lombard Odier SCmA’s portfolio, making the stock its 25th largest position. Compagnie Lombard Odier SCmA’s holdings in McDonald’s were worth $86,704,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Ascentis Wealth Management LLC increased its position in McDonald’s by 4,008.8% in the second quarter. Ascentis Wealth Management LLC now owns 84,230 shares of the fast-food giant’s stock worth $22,768,000 after buying an additional 82,180 shares during the last quarter. Borer Denton & Associates Inc. lifted its position in shares of McDonald’s by 16.9% during the 2nd quarter. Borer Denton & Associates Inc. now owns 13,859 shares of the fast-food giant’s stock valued at $3,746,000 after buying an additional 2,000 shares during the last quarter. Peterson Wealth Services lifted its position in shares of McDonald’s by 3,294.5% during the 4th quarter. Peterson Wealth Services now owns 11,779 shares of the fast-food giant’s stock valued at $3,600,000 after buying an additional 11,432 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of McDonald’s by 84.4% during the 4th quarter. Harbour Investments Inc. now owns 35,510 shares of the fast-food giant’s stock worth $10,853,000 after acquiring an additional 16,252 shares during the period. Finally, Capital International Sarl grew its stake in shares of McDonald’s by 10.4% during the 4th quarter. Capital International Sarl now owns 64,256 shares of the fast-food giant’s stock worth $19,639,000 after acquiring an additional 6,079 shares during the period. 70.29% of the stock is owned by institutional investors.
McDonald’s News Summary Here are the key news stories impacting McDonald’s this week:
Positive Sentiment: McDonald’s is emphasizing lower-priced meals to win back cost-conscious customers, a potentially supportive strategy as consumers increasingly prioritize value. McDonald’s is betting on cheaper meals to win back customers Positive Sentiment: New growth initiatives include Red Bull energy drinks, additional beverages and limited-time menu items. These products could increase traffic and average spending while supporting a simpler restaurant operating model. McDonald’s bringing Red Bull drinks and new sodas to US customers Positive Sentiment: The Hello Kitty x Godzilla Happy Meal promotion may generate customer interest and family traffic when it launches, although its financial impact is likely limited. McDonald’s Announces Eight Hello Kitty x Godzilla Toys Neutral Sentiment: Recent earnings showed adjusted EPS of $3.38, above expectations, while revenue of $7.10 billion was slightly below consensus. Management acknowledged inconsistent value-menu execution and excessive operational complexity, making successful implementation of the turnaround strategy critical. Five Insightful Analyst Questions From McDonald’s Q2 Earnings Call Negative Sentiment: McDonald’s is reportedly losing ground to Burger King and other low-cost alternatives, including gas-station food, as customers seek cheaper meals. Slowing second-quarter sales growth raises concerns about U.S. traffic and market share. The burger wars are heating up as McDonald’s loses ground Negative Sentiment: Erste Group lowered its fiscal 2027 EPS forecast, adding to investor concerns about earnings growth. McDonald’s FY2027 EPS Forecast Lowered Negative Sentiment: Reports that McDonald’s maintained a 515-page customer dossier could create privacy and reputational risks, though the immediate financial effect is unclear. McDonald’s customer dossier report McDonald’s Trading Down 0.1% MCD stock opened at $272.61 on Monday. The firm has a 50 day moving average of $273.81 and a 200-day moving average of $295.15. McDonald’s Corporation has a 12 month low of $260.96 and a 12 month high of $341.75. The firm has a market capitalization of $192.91 billion, a P/E ratio of 22.15, a price-to-earnings-growth ratio of 3.05 and a beta of 0.41.
McDonald’s (NYSE:MCD – Get Free Report) last posted its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $3.32 by $0.06. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. During the same quarter in the prior year, the firm posted $3.19 EPS. McDonald’s’s revenue was up 3.7% on a year-over-year basis. Sell-side analysts predict that McDonald’s Corporation will post 12.88 EPS for the current year.
McDonald’s Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is 60.44%.
Analyst Upgrades and Downgrades A number of brokerages recently issued reports on MCD. JPMorgan Chase & Co. lowered their price objective on McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Erste Group Bank lowered shares of McDonald’s from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. UBS Group set a $305.00 target price on shares of McDonald’s in a report on Wednesday, August 5th. Royal Bank Of Canada dropped their target price on McDonald’s from $305.00 to $295.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 5th. Finally, Guggenheim cut their price target on McDonald’s from $320.00 to $290.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $325.44.
Check Out Our Latest Analysis on MCD
Insider Buying and Selling at McDonald’s In related news, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the transaction, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the transaction, the executive vice president owned 6,268 shares in the company, valued at $1,744,760.48. This represents a 30.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,348 shares of company stock valued at $2,355,634 in the last three months. 0.26% of the stock is owned by corporate insiders.
About McDonald’s (Free Report)
McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.
Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.
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Cambridge Investment Research Advisors snížila ve 2. čtvrtletí podíl ve Starbucks o 10,9 % a prodala 27 410 akcií. CEO Brady Brewer mezitím prodal 2 229 akcií.
Cambridge Investment Research Advisors Inc. lessened its position in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 10.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 223,721 shares of the coffee company’s stock after selling 27,410 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Starbucks were worth $22,862,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in Starbucks in the 4th quarter valued at about $1,232,650,000. T. Rowe Price Investment Management Inc. lifted its position in shares of Starbucks by 65.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after purchasing an additional 7,725,547 shares in the last quarter. Capital World Investors lifted its position in shares of Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after purchasing an additional 3,596,014 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Starbucks by 483.8% in the second quarter. Assenagon Asset Management S.A. now owns 3,182,890 shares of the coffee company’s stock valued at $325,260,000 after purchasing an additional 2,637,715 shares during the period. 72.29% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In SBUX has been the subject of a number of research reports. BMO Capital Markets restated an “outperform” rating and issued a $130.00 price objective on shares of Starbucks in a report on Thursday, July 30th. TD Cowen assumed coverage on shares of Starbucks in a report on Thursday, July 30th. They set a “buy” rating and a $120.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $126.00 price target on shares of Starbucks in a research note on Thursday, July 30th. Finally, UBS Group upped their price objective on Starbucks from $105.00 to $112.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Starbucks has an average rating of “Hold” and an average target price of $109.92.
Check Out Our Latest Report on SBUX
Insider Buying and Selling at Starbucks In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 6,687 shares of company stock worth $681,663. 0.03% of the stock is currently owned by company insiders.
Starbucks Stock Performance Shares of SBUX stock opened at $107.69 on Monday. The company has a market cap of $122.77 billion, a P/E ratio of 61.89, a PEG ratio of 1.86 and a beta of 0.97. The firm has a fifty day moving average price of $103.78 and a 200 day moving average price of $99.99. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.Starbucks’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, equities analysts forecast that Starbucks Corporation will post 2.64 EPS for the current year.
Starbucks Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is 142.53%.
Starbucks Company Profile (Free Report)
Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.
Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.
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Anchor Capital Advisors ve 2. čtvrtletí zvýšil svůj podíl v Lowe’s o 13,4 % na 95 564 akcií po nákupu 11 305 kusů. Hodnota pozice činila 21,071 milionu USD.
Anchor Capital Advisors LLC grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 13.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,564 shares of the home improvement retailer’s stock after buying an additional 11,305 shares during the period. Anchor Capital Advisors LLC’s holdings in Lowe’s Companies were worth $21,071,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in Lowe’s Companies in the 4th quarter valued at $1,993,697,000. Price T Rowe Associates Inc. MD lifted its holdings in Lowe’s Companies by 45.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock valued at $1,580,941,000 after purchasing an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP boosted its position in Lowe’s Companies by 7,814.9% during the fourth quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after purchasing an additional 1,471,539 shares during the period. Eurizon Capital SGR S.p.A. bought a new position in Lowe’s Companies during the fourth quarter worth $308,683,000. Finally, Vanguard Group Inc. boosted its position in Lowe’s Companies by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares during the period. 74.06% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth Several equities analysts have recently weighed in on the stock. Telsey Advisory Group dropped their price objective on shares of Lowe’s Companies from $295.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Robert W. Baird reduced their target price on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Royal Bank Of Canada decreased their price target on shares of Lowe’s Companies from $232.00 to $231.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 12th. Jefferies Financial Group decreased their price target on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Oppenheimer lowered their price target on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $262.63.
Read Our Latest Research Report on Lowe’s Companies
Key Headlines Impacting Lowe’s Companies Here are the key news stories impacting Lowe’s Companies this week:
Positive Sentiment: Lowe’s is described as trading at its lowest forward price-to-earnings multiple in more than two years. Its status as a Dividend King, along with a recent dividend increase, strengthens the long-term income-investment case. 1 Number That Makes Lowe’s Stock an Obvious Buy Before Aug. 19 Positive Sentiment: Several analysts remain moderately optimistic despite the recent underperformance. Citigroup retained a “buy” rating while lowering its price target to $267 from $285, and Wells Fargo’s reduced target of $245 still implies meaningful upside from recent levels. Citigroup Lowe’s Price Target Update Positive Sentiment: Investor articles argue that a series of downward Q2 EPS estimate revisions may have lowered expectations and created the potential for a favorable earnings surprise. The longer-term bull case remains tied to Lowe’s brand strength, home-improvement demand and operating potential. Lowe’s Q2 EPS Revisions Neutral Sentiment: Wall Street projections for the quarter ended July 2026 are focusing on key operating metrics beyond revenue and EPS. The Aug. 19 report is the next major catalyst and could determine the near-term direction of the shares. Insights Into Lowe’s Q2 Wall Street Projections Neutral Sentiment: Lowe’s has completed a five-year, $100 million hometown revitalization commitment and announced additional community investments. These efforts may support brand reputation but are unlikely to materially affect near-term earnings. Is Lowe’s Companies Undervalued As Its Earnings Call Nears? Negative Sentiment: Royal Bank of Canada lowered its expectations for Lowe’s, adding to concerns about near-term performance ahead of earnings. The company also faces elevated expectations around its upcoming results despite recent estimate reductions. Royal Bank of Canada Lowe’s Expectations Insiders Place Their Bets In other Lowe’s Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the transaction, the executive vice president owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the transaction, the executive vice president directly owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This represents a 26.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,980 shares of company stock worth $5,796,937 in the last 90 days. Company insiders own 0.29% of the company’s stock.
Lowe’s Companies Stock Down 0.1% Shares of Lowe’s Companies stock opened at $218.19 on Monday. The stock has a market capitalization of $122.34 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 2.79 and a beta of 0.86. Lowe’s Companies, Inc. has a twelve month low of $199.40 and a twelve month high of $293.06. The company has a 50-day simple moving average of $216.00 and a two-hundred day simple moving average of $234.57.
Lowe’s Companies (NYSE:LOW – Get Free Report) last announced its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The firm had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same quarter in the prior year, the business posted $2.92 EPS. The business’s revenue was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 12.43 earnings per share for the current fiscal year.
Lowe’s Companies Increases Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were given a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.
Lowe’s Companies Profile (Free Report)
Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.
Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.
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Focus Partners Advisor Solutions LLC bought a new stake in Phillips 66 (NYSE:PSX – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 30,361 shares of the oil and gas company’s stock, valued at approximately $5,133,000.
A number of other large investors have also recently bought and sold shares of the company. MUFG Securities EMEA plc lifted its position in shares of Phillips 66 by 113.5% in the fourth quarter. MUFG Securities EMEA plc now owns 16,518 shares of the oil and gas company’s stock worth $2,131,000 after purchasing an additional 8,783 shares in the last quarter. Horizon Investments LLC grew its position in Phillips 66 by 478.4% in the fourth quarter. Horizon Investments LLC now owns 63,290 shares of the oil and gas company’s stock valued at $8,167,000 after purchasing an additional 52,348 shares in the last quarter. Truist Financial Corp increased its stake in Phillips 66 by 1.6% in the 4th quarter. Truist Financial Corp now owns 675,084 shares of the oil and gas company’s stock valued at $87,113,000 after buying an additional 10,585 shares during the last quarter. Fifth Third Bancorp increased its stake in Phillips 66 by 543.7% in the 1st quarter. Fifth Third Bancorp now owns 128,156 shares of the oil and gas company’s stock valued at $23,348,000 after buying an additional 108,248 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in Phillips 66 by 1.7% in the 4th quarter. HighTower Advisors LLC now owns 369,586 shares of the oil and gas company’s stock valued at $47,691,000 after buying an additional 6,058 shares during the last quarter. Institutional investors and hedge funds own 76.93% of the company’s stock.
Insiders Place Their Bets In related news, EVP Richard G. Harbison sold 52,100 shares of Phillips 66 stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $223.76, for a total transaction of $11,657,896.00. Following the completion of the transaction, the executive vice president owned 39,094 shares in the company, valued at approximately $8,747,673.44. This trade represents a 57.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Brian Mandell sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $215.00, for a total value of $6,450,000.00. Following the transaction, the executive vice president directly owned 61,595 shares in the company, valued at approximately $13,242,925. This trade represents a 32.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 100,507 shares of company stock worth $21,770,810. Company insiders own 0.40% of the company’s stock.
Key Stories Impacting Phillips 66 Here are the key news stories impacting Phillips 66 this week:
Positive Sentiment: Takeover talks highlight strategic value. Phillips 66 and Marathon Petroleum reportedly discussed a potential combination valued at roughly $180 billion. Although the talks did not result in a deal, the discussions underscore PSX’s scale and could renew speculation about consolidation among U.S. refiners. Phillips 66 and Marathon Petroleum held takeover talks Positive Sentiment: Refining margins and shareholder returns remain supportive. Supply disruptions linked to the Iran conflict have lifted fuel margins, helping major refiners generate strong profits and increase buybacks and dividends. Phillips 66 has authorized a $10 billion repurchase program and pays a quarterly dividend of $1.27 per share. U.S. refiners ramp up buybacks as Iran war boosts fuel margins Positive Sentiment: Infrastructure expansion adds a longer-term growth angle. PSX, Kinder Morgan and HF Sinclair are advancing the approximately $5 billion Western Gateway refined-products pipeline, which is expected to improve market access and logistics flexibility. Phillips 66 and partners advance Western Gateway pipeline project Neutral Sentiment: Merger failure limits the immediate upside from consolidation. Antitrust concerns and operational complexity reportedly derailed the proposed Marathon Petroleum transaction. The outcome removes a near-term transformational catalyst, while the broader energy-sector rally and PSX’s premium valuation leave the stock more exposed to a reversal in refining margins. Reported Phillips 66 and Marathon Petroleum merger analysis Negative Sentiment: Heavy insider selling may weigh on sentiment. EVP Richard Harbison sold 52,100 shares for approximately $11.7 million, while EVP Brian Mandell sold 33,300 shares for about $7.2 million. The trades may be profit-taking after PSX’s strong rally, but they reduce insiders’ holdings and could raise short-term concerns about valuation. Richard Harbison sells Phillips 66 shares Phillips 66 Stock Performance Shares of PSX stock opened at $233.29 on Monday. The stock has a market cap of $93.09 billion, a P/E ratio of 13.29, a P/E/G ratio of 0.17 and a beta of 0.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.32 and a quick ratio of 1.00. The company has a fifty day moving average price of $192.72 and a two-hundred day moving average price of $176.20. Phillips 66 has a one year low of $121.24 and a one year high of $236.14.
Phillips 66 (NYSE:PSX – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $9.41 EPS for the quarter, beating analysts’ consensus estimates of $7.50 by $1.91. The company had revenue of $52.04 billion during the quarter, compared to the consensus estimate of $43.60 billion. Phillips 66 had a net margin of 4.54% and a return on equity of 19.93%. During the same quarter last year, the firm posted $2.38 EPS. As a group, equities analysts predict that Phillips 66 will post 24.44 EPS for the current year.
Phillips 66 declared that its board has authorized a share repurchase program on Friday, July 31st that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the oil and gas company to repurchase up to 11.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.
Phillips 66 Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be paid a $1.27 dividend. This represents a $5.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, August 18th. Phillips 66’s dividend payout ratio (DPR) is 28.95%.
Analyst Ratings Changes A number of equities analysts have recently commented on PSX shares. The Goldman Sachs Group increased their price objective on shares of Phillips 66 from $207.00 to $235.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. Wall Street Zen raised Phillips 66 from a “buy” rating to a “strong-buy” rating in a research report on Sunday, July 26th. Raymond James Financial upped their target price on Phillips 66 from $218.00 to $235.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Jefferies Financial Group increased their price target on Phillips 66 from $191.00 to $207.00 and gave the company a “hold” rating in a research report on Thursday, July 9th. Finally, Wells Fargo & Company raised their price target on Phillips 66 from $201.00 to $239.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Phillips 66 currently has a consensus rating of “Moderate Buy” and an average price target of $206.56.
Read Our Latest Analysis on Phillips 66
Phillips 66 Profile (Free Report)
Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.
The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.
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Salesforce si půjčila 25 miliard USD na zpětný odkup akcií a kvůli tomu snížila výhled růstu provozního i volného cash flow pro fiskální rok 2027 na 4 % až 5 % z dřívějších 9 % až 10 %.
Salesforce (CRM -2.56%) made one of the biggest capital-allocation decisions in software this year, and it came in two parts.
In March, the company entered a $25 billion accelerated share repurchase -- the largest such deal in history, by its own description -- funded with a $25 billion debt issuance. Then, reporting fiscal first-quarter results in late May, it told investors that fiscal 2027 operating and free-cash-flow growth would come in around 4% to 5%, half the 9% to 10% it had guided to in February, specifically to reflect the cost of that debt.
Borrowing $25 billion to buy your own stock is an aggressive move for any company. For Salesforce, which spent years funding buybacks comfortably out of its own cash flow, it marks a change in posture.
With the stock at about $196 as of this writing, roughly 27% below its 52-week high of $269.11, was the trade worth it?
Image source: Getty Images.
One enormous repurchase The buyback is part of a $50 billion authorization Salesforce's board approved in February. The accelerated structure means most of the share-count reduction landed immediately: The company received an upfront delivery of 103 million shares, about 80% of the total it expects to repurchase, with final settlement expected in the fiscal third quarter.
Add it up, and Salesforce returned $27.5 billion to shareholders in a single quarter ($27.1 billion of repurchases plus $365 million in dividends). For perspective, that's more than the company generated in free cash flow over the entire prior fiscal year. Its diluted share count is now down 10% from a year ago.
The price looks defensible, too. The upfront shares were delivered against Salesforce's roughly $194 close in mid-March, near where the stock trades today, and the final tally will be set by the stock's average price over the life of the deal. Salesforce didn't buy the top. It bought after the market had already knocked the stock down by a quarter.
Slower cash flow, on purpose The cost side is just as concrete. Salesforce generated $6.7 billion of operating cash flow in the fiscal first quarter, up only 3% year over year, and $6.6 billion of free cash flow, up 4%. The updated fiscal 2027 guidance reflects the interest burden the new debt layers onto that base.
That's a real bill. A company whose revenue is growing 11% is now guiding cash flow to grow at less than half that pace, and the gap is self-inflicted. Investors who prize steadily compounding free cash flow may not love what they see in fiscal 2027.
So, what did shareholders get for it? Diluted earnings per share rose 52% year over year to $2.42 in the fiscal first quarter -- though much of that jump came from a swing in gains on strategic investments rather than from operations. The longer-lasting effect is the share count. Every future dollar of profit is now spread across a tenth fewer shares.
Today's Change
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The business behind the buyback Of course, the buyback only matters if the business behind it holds up. So far, it is holding up.
Fiscal first-quarter revenue rose 13% year over year to $11.1 billion, helped by a $444 million contribution from the acquired Informatica business. Current remaining performance obligation (contracted revenue the company expects to recognize over the next 12 months) rose 14% to $33.6 billion. And management raised the midpoint of its fiscal 2027 revenue guidance, which now sits at $45.9 billion to $46.2 billion, about 11% growth.
That's a solid, unspectacular growth profile. It's also what the buyback case rests on. At about 23 times earnings, Salesforce is priced like a maturing software company, not like an AI winner. Retiring 10% of the share count at that kind of multiple is arguably a better use of money than the big acquisitions Salesforce pursued in earlier eras.
Sure, the debt spends flexibility the company used to have, and a year of 4% to 5% cash-flow growth is a cost shareholders have to live with. But the growth hit is front-loaded, and the benefit compounds -- the share count stays retired.
The market has been harsh on the stock, mostly over doubts about how fast Salesforce can grow in an AI-disrupted software industry. The buyback doesn't settle those doubts. What it does is make each remaining share a bigger claim on whatever growth Salesforce delivers, purchased at prices the company considered low. I think the arithmetic holds up. If the 11% growth does too, the trade will have been worth it.
Decker Retirement Planning Inc. ve 2. čtvrtletí snížila svůj podíl v Micron Technology o 94,7 % a prodala 27 839 akcií. Po prodeji držela 1 546 akcií v hodnotě 1 784 000 USD.
Decker Retirement Planning Inc. lessened its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 94.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,546 shares of the semiconductor manufacturer’s stock after selling 27,839 shares during the period. Decker Retirement Planning Inc.’s holdings in Micron Technology were worth $1,784,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after buying an additional 1,954,644 shares during the last quarter. State Street Corp raised its position in shares of Micron Technology by 2.1% during the 4th quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock valued at $15,061,310,000 after buying an additional 1,090,644 shares in the last quarter. Norges Bank bought a new position in shares of Micron Technology in the 4th quarter valued at about $6,433,456,000. Morgan Stanley lifted its holdings in shares of Micron Technology by 5.1% in the 4th quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer’s stock valued at $4,679,771,000 after acquiring an additional 794,289 shares during the last quarter. Finally, Northern Trust Corp grew its position in Micron Technology by 1.9% in the fourth quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer’s stock worth $3,040,858,000 after acquiring an additional 194,550 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.
Analyst Upgrades and Downgrades MU has been the topic of several analyst reports. Bank of America boosted their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Wedbush raised their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. The Goldman Sachs Group lifted their target price on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Susquehanna boosted their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a research report on Thursday, June 25th. Finally, Rosenblatt Securities boosted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $1,259.97.
View Our Latest Research Report on MU
Micron Technology Stock Performance Shares of NASDAQ MU opened at $971.66 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The business’s 50 day moving average price is $965.49 and its 200-day moving average price is $679.10. Micron Technology, Inc. has a fifty-two week low of $113.46 and a fifty-two week high of $1,255.00. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.00 and a beta of 2.19.
Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. During the same period last year, the company earned $1.91 EPS. Micron Technology’s quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, sell-side analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current year.
Micron Technology Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 1.36%.
Insiders Place Their Bets In other news, CEO Sanjay Mehrotra sold 31,285 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares in the company, valued at approximately $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 162,179 shares of company stock valued at $167,811,861 in the last three months. 0.24% of the stock is owned by company insiders.
Key Micron Technology News Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: New Street upgraded Micron to “Buy” from “Neutral” and set a $1,250 price target, citing the possibility that AI is making memory demand less cyclical. The firm projects a potential $2 trillion-$3 trillion valuation for Micron by the end of the decade. Micron Upgraded to Buy on the Claim Memory Stopped Being Cyclical Positive Sentiment: DRAM and NAND prices are tightening again, potentially increasing the earnings impact of Micron’s rapidly expanding data-center business. Analysts are continuing to raise revenue estimates and price targets as AI infrastructure spending supports demand for high-bandwidth memory and storage. Micron Stock Jumps as Memory Pricing Tightens Again Positive Sentiment: Micron launched a $250 million Micron Ventures Paradigm Fund to invest across the AI technology stack, including model development, computing infrastructure, enterprise applications and physical AI. The initiative could strengthen partnerships and give Micron earlier insight into future memory and storage requirements. Micron Ventures Launches $250 Million Fund Neutral Sentiment: Broader semiconductor strength, record U.S. equity benchmarks and easing rate-hike expectations are supporting risk appetite for memory stocks. Technical analysts also identify approximately $1,012 as an important near-term resistance level. Micron Price Forecast Negative Sentiment: Risks remain from rising Chinese competition and execution timing. YMTC has surpassed Micron in NAND shipments, while Micron’s new $9.3 billion fabrication plant is not expected to produce chips until 2028. Michael Burry has also increased bearish positions involving Micron, underscoring concerns about valuation, supply growth and a possible return of memory-cycle volatility. Micron Technology Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
See Also Five stocks we like better than Micron Technology The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).
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Micron podle Trivariate Research může během příštích let zdvojnásobit hodnotu, protože napjatá nabídka má udržet zisky déle, než čeká trh. Parker nevidí problém ani v potenciální čínské nabídce.
Micron Technology, Inc (NASDAQ:MU) stock gained over 3% during Monday’s premarket session as risk appetite firms up into the open and traders continue to lean into the stock’s longer-term uptrend. Nasdaq futures are up 0.53% while S&P 500 futures have gained 0.18%.
The stock could deliver stronger earnings and cash flow for longer than the market expects as tighter industry supply and structural changes in the memory business extend the current cycle, according to Trivariate Research founder and CEO Adam Parker.
Parker Sees Micron’s Earnings Staying Stronger for LongerParker told CNBC last Friday that Trivariate ran 10,000 simulations to assess how long Micron’s current earnings cycle could last and how much the company could generate.
He believes consensus estimates assume earnings will fall too quickly after reaching a peak.
Parker estimates Micron trades at roughly 11 to 12 times normalized earnings and about five times peak earnings, a valuation he considers too low.
He also said investors are not fully accounting for Micron’s potential cash generation, estimating that the company could generate close to $300 billion in free cash flow over the next two years.
Based on that outlook, Parker said Micron’s stock will “probably” double over the next couple of years before the cycle ends. Asked whether Micron could eventually reach a $1 trillion market capitalization, he said, “I wouldn’t be shocked.”
Industry Changes Challenge the Old Memory-Cycle PlaybookParker argued that investors should not rely on Micron’s historical boom-and-bust cycles to judge the current opportunity.
He noted that DRAM previously represented about 40% of a server’s cost but now accounts for less than 10%, while the memory industry has also consolidated.
He expects constrained supply to help sustain the cycle and believes Micron could generate more earnings for longer than investors currently anticipate.
Parker Plays Down China Supply RiskParker also downplayed concerns that additional Chinese semiconductor supply could quickly undermine the market. He pointed to the long timelines required to build leading-edge manufacturing capacity, arguing that competitors cannot rapidly add enough production to disrupt supply conditions.
As a result, Parker believes persistent supply constraints and stronger-than-expected earnings could support Micron’s performance over the next few years.
Earnings And Analyst OutlookMicron’s next earnings report is estimated for Sept. 22.
Analysts expect earnings of $31.27 per share, compared with $3.03 per share a year earlier. Revenue is projected at $50.81 billion, up from $11.31 billion.
Micron carries a Buy consensus rating with an average price forecast of $1,537.50.
Recent analyst moves include Citigroup, which maintained a Buy rating on Aug. 7 but lowered its price forecast to $1,150. KeyBanc Capital Markets maintained an Overweight rating and raised its price forecast to $1,750 in July, while Cantor Fitzgerald maintained an Overweight rating and raised its forecast to $2,000 in June.
Top ETF Exposure Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ): 8.91% Weight State Street SPDR NYSE Technology ETF (NYSE:XNTK): 8.14% Weight Invesco AI and Next Gen Software ETF (NYSE:IGPT): 8.71% Weight Significance: Because MU carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
Price ActionMU Stock Price Activity: Micron Technology shares were trading higher by 3.58% at $1006.47 during premarket trading on Monday, according to Benzinga Pro data.
Bank of America vidí u Micronu díky AI další růst paměťového trhu a odhaduje EPS 236,16 USD na akcii ve fiskálním roce 2030. Konsensus je výrazně níž, na 136,24 USD.
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The semiconductor market has spent decades teaching investors the same lesson: memory booms eventually become memory busts. Supply catches up with demand, pricing falls, margins collapse, and yesterday’s earnings suddenly look like a mirage.
That history explains why investors continue to treat Micron Technology (NASDAQ:MU | MU Price Prediction) as a cyclical stock, even after AI has pushed its results into territory the company has never seen before. Micron generated $41.46 billion of revenue and an 85% gross margin in fiscal Q3 2026, versus 38% a year earlier.
Now Bank of America is asking investors to consider whether AI has broken that cycle.
BofA Sees a $236 EPS Micron BofA Global Research sketches out a dramatically different future for Micron. Under its “SanDisk-like” assumptions, sales reach $377.3 billion by fiscal 2030, versus $280.5 billion in the consensus case.
Fiscal 2030 Consensus BofA’s SNDK-like Case Sales $280.5 billion $377.3 billion Gross margin 78.0% 80.0% EPS $136.24 $236.16 FCF $190.8B $188.6B That implies a 30.7% sales CAGR and a 34.1% EPS CAGR through fiscal 2030. Yet the market values Micron at roughly 6x forward earnings on the consensus fiscal 2027 EPS estimate of $151.37 — pricing in an end to the memory party well before Micron gets comfortable. BofA thinks that’s backward.
Bank of America is betting big that the AI revolution has fundamentally rewritten the rules of the semiconductor game—challenging decades of market history. The AI Memory Cycle Really Is Different This Time There’s a good reason to take the bullish case seriously. Micron’s fiscal Q3 DRAM revenue jumped 343% year over year to $31.3 billion, while NAND rose 361% to $9.9 billion. Consolidated gross margin hit 84.9%, with fiscal Q4 guidance around 86%.
High-bandwidth memory is central to this shift. Micron says HBM requires more than three times the wafer capacity per bit of conventional DRAM, and supply remains allocated — hyperscalers want more, but manufacturers can’t flood the market overnight. HBM4 is already shipping in volume, with HBM4E production expected in 2027.
Other tailwinds: enterprise SSDs are taking a growing share of NAND as AI data centers generate more data, and next-gen AI inference could demand entirely new memory types. Earlier this month, SK hynix (NASDAQ:SKHY) and Sandisk (NASDAQ:SNDK) unveiled the first High Bandwidth Flash specs — a category designed to sit between HBM and SSDs, offering up to 512GB and 3TB/s of bandwidth. That needn’t hurt Micron, but it shows how fast memory architecture is evolving, and why today’s winners shouldn’t be assumed to own every new category.
The EPS Forecast Could Be Aggressive The bullish AI thesis is compelling; the bullish Micron forecast requires a leap. An 80% gross margin isn’t crazy today, but looks crazy as a structural assumption through 2030. Memory has historically been among the most cyclical semiconductor businesses, with normal-cycle margins often around 30% to 40%. Micron’s current 85% reflects an unusually tight market. The real question is what happens once competitors add capacity.
SK hynix remains formidable, while Samsung and potentially Chinese suppliers are also ramping up. If competition keeps pricing disciplined instead of letting Micron hold 80% margins indefinitely, earnings could land closer to consensus — which is why BofA’s $236.16 estimate deserves skepticism even if the broader thesis holds. Investors don’t need BofA’s most aggressive assumptions to find the story compelling: Micron is already producing record revenue, 85% margins, and $25.39 billion in quarterly operating cash flow.
Key Takeaway BofA seems right about the direction but too aggressive about the destination. AI is changing memory economics by pulling demand toward HBM, advanced DRAM, enterprise SSDs, and potentially HBF, and long lead times could make supply responses slower than in past cycles. But $236 of EPS in 2030 requires Micron to become structurally different from the cyclical company investors have known for decades.
Still, the case doesn’t require believing an 80% margin lasts forever. At roughly 6x forward earnings, the market seems to be pricing in a return to much weaker economics — so it may be underestimating how long this boom lasts. I’d treat BofA’s analysis as the bull case, not the base case.
Contact [email protected] for any questions or corrections.
Elon Musk řekl, že hlavním omezením pro AI je nyní paměť, což přímo míří na Micron. Na stejném hovoru uvedl, že výroba pamětí roste asi o 20 % ročně, zatímco poptávka roste o 200 % ročně, možná i více.
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On SpaceX (NASDAQ:SPCX | SPCX Price Prediction)’s Q2 2026 earnings call held Aug. 4, 2026, Elon Musk answered a question about the pace of compute buildout with five words that memory investors have circulated ever since: “Limiting factor currently is memory.”
The remark lands directly on Micron Technology (NASDAQ:MU), the only U.S.-based maker of high-bandwidth memory and one of just three global HBM suppliers. SpaceX itself trades publicly as NASDAQ:SPCX after its 2026 IPO. Musk just told public shareholders that memory caps his AI ambitions, above both power and GPUs.
What Musk Actually Said Musk framed the constraint in his own supply-versus-demand math. “The memory output is increasing by around 20% per year. Now, normally that would be fantastically fast and amazing for any large, mature industry. But ask yourself, is the demand increasing by 20% a year? No, the demand is increasing by 200% a year, maybe higher. So if you’ve got demand increasing much faster than supply, then Economics 101 would suggest that the price increases. It does not decrease.” Those 20% and 200% figures are his characterization on the call, not independently verified industry data.
He Ruled Out Power on the Same Call What gives the memory line weight is what Musk dismissed alongside it. He said SpaceX’s “tentative target is to actually have 20 gigawatts at the power and cooling level online by the end of next year,” while conceding “I don’t think we’re going to achieve 20 gigawatts” and expecting “something close to 15 gigawatts.” He stated the design philosophy plainly: “our goal is to have far more power, cooling, and electrical equipment than we have GPUs. That’s the logical thing to do given the relative expense of GPUs versus balance of system.” On GPU access from NVIDIA (NASDAQ:NVDA), he added, “Our understanding within NVIDIA is that we will receive a very small percentage of their GPUs next year.” Power was named excess. Memory was named the bottleneck.
The Tesla Echo, Two Weeks Earlier On Tesla (NASDAQ:TSLA) Q2 2026 earnings on roughly July 23, 2026, Musk thanked Micron by name twice for giving Tesla a “significant” memory allocation “on reasonable terms,” and called current memory pricing “the biggest price jump in anything I’ve ever seen.” Micron shares rose 3.1% intraday that day while Tesla stock fell 14.3% on an earnings miss. Same concern, different call.
The Supply and Demand Case Reporting around the calls has framed the imbalance in stark numbers. Nearly 100 gigawatts of new AI data center capacity are expected globally within four years, against only about 15 gigawatts of new DRAM supply capacity over the next two years. DRAM contract prices have been projected to rise another 90% to 95% in early 2026 on top of already-steep increases. All three HBM producers, Micron, Samsung, and SK Hynix, are reportedly sold out of 2026 HBM capacity, with meaningful new supply not expected until 2028 or later. HBM content per GPU has grown roughly 3.6 times from NVIDIA’s H100 generation to Blackwell Ultra, and frontier AI model context windows have expanded roughly 230 times in three years. Conventional DRAM contract prices reportedly surged around 171.8% year over year in Q3 2025.
What It Means for Micron Micron closed at $971.66 on Aug. 14, up 240.65% year to date from $285.23 at the end of 2025, up 676.79% over one year from $125.09 on Aug. 14, 2025, up 10.72% over the past week from $877.57 on Aug. 7, up 7.45% over the past month from $904.28 on July 15, and up 2.30% on Aug. 14 alone from $949.83. The stock trades around 6 times forward earnings. CEO Sanjay Mehrotra told investors Micron expects tight conditions to persist beyond calendar 2027, backed by Strategic Customer Agreements disclosed in its Q3 FY26 8-K.
The Other Side The bear case deserves weight. A Motley Fool analysis published Aug. 9, 2026 cited TrendForce forecasts for Q3 2026 contract price increases of just 13% to 18% for DRAM and 10% to 15% for NAND, a sharp deceleration from the prior quarter’s gains of more than 60% and more than 80% sequentially. Wall Street’s fiscal 2027 EPS estimates for Micron have reportedly plateaued, rising just 1.2% over the latest month after a much larger jump three months earlier, suggesting earnings-upside momentum may be cooling. The underlying warning is that memory is historically a cyclical, boom-and-bust business, and today’s low-looking valuation multiples could prove misleading if price growth decelerates and margins compress.
Structural Shift or Peak Cycle Musk’s five words describe a moment in which the richest customer of AI compute has publicly identified memory as the ceiling on his plans. Whether that reflects a durable rewrite of memory economics or a peak-cycle snapshot in an industry that has seen every prior boom end will show up in DRAM contract prices, HBM allocation contracts, and whether Micron’s $100 billion cumulative revenue at floor price across signed SCAs holds through 2028. For now, the SpaceX CEO has told the market where the bottleneck sits.
Contact [email protected] for any questions or corrections.
Archer Investment Corp ve 2. čtvrtletí navýšil podíl v Eli Lilly o 10,6 % na 8 262 akcií v hodnotě 9,91 milionu USD. Z farmaceutické firmy je nyní jeho 9. největší pozice.
Archer Investment Corp lifted its stake in Eli Lilly and Company (NYSE:LLY – Free Report) by 10.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,262 shares of the company’s stock after acquiring an additional 795 shares during the quarter. Eli Lilly and Company makes up approximately 1.9% of Archer Investment Corp’s investment portfolio, making the stock its 9th largest position. Archer Investment Corp’s holdings in Eli Lilly and Company were worth $9,909,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Iams Wealth Management LLC acquired a new position in shares of Eli Lilly and Company in the 4th quarter worth approximately $754,000. Amundi boosted its position in shares of Eli Lilly and Company by 9.9% during the 1st quarter. Amundi now owns 5,055,025 shares of the company’s stock valued at $4,649,464,000 after purchasing an additional 454,549 shares in the last quarter. Generali Investments Management Co LLC lifted its stake in Eli Lilly and Company by 17.5% in the second quarter. Generali Investments Management Co LLC now owns 10,220 shares of the company’s stock valued at $12,258,000 after buying an additional 1,521 shares during the period. Whitener Capital Management Inc. increased its stake in shares of Eli Lilly and Company by 79.3% in the 2nd quarter. Whitener Capital Management Inc. now owns 2,960 shares of the company’s stock valued at $3,550,000 after acquiring an additional 1,309 shares in the last quarter. Finally, May Hill Capital LLC lifted its position in shares of Eli Lilly and Company by 131.6% during the 4th quarter. May Hill Capital LLC now owns 3,170 shares of the company’s stock valued at $3,408,000 after acquiring an additional 1,801 shares during the period. Institutional investors and hedge funds own 82.53% of the company’s stock.
Insiders Place Their Bets In related news, CAO Donald A. Zakrowski sold 2,000 shares of Eli Lilly and Company stock in a transaction on Monday, August 10th. The stock was sold at an average price of $1,185.01, for a total transaction of $2,370,020.00. Following the sale, the chief accounting officer directly owned 1,526 shares in the company, valued at approximately $1,808,325.26. This trade represents a 56.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Anat Hakim sold 5,000 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $1,190.00, for a total value of $5,950,000.00. Following the completion of the transaction, the executive vice president directly owned 11,875 shares in the company, valued at approximately $14,131,250. This represents a 29.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.14% of the company’s stock.
Key Stories Impacting Eli Lilly and Company Here are the key news stories impacting Eli Lilly and Company this week:
Positive Sentiment: The U.K. regulator approved Lilly’s once-daily oral weight-loss pill, Foundayo (orforglipron), giving the company a potentially important first-mover advantage for an obesity pill in Europe. The approval expands Lilly’s addressable market beyond injectable treatments such as Mounjaro and Zepbound. Eli Lilly Just Scored Europe’s First Weight Loss Pill Approval Positive Sentiment: Lilly is expanding its obesity pipeline with a new Phase 1 macupatide study in Japan. Although early-stage, the trial reinforces the company’s efforts to develop additional weight-management therapies and support long-term growth. Lilly Expands Obesity Pipeline With Fresh Macupatide Trial in Japan Positive Sentiment: Recent earnings showed continued operating momentum: quarterly revenue rose about 48% year over year to roughly $23 billion, while adjusted EPS beat expectations. Growth was led by Mounjaro, Zepbound and other key medicines, and management raised full-year 2026 guidance. Foundayo also generated an initial $98 million in quarterly sales. 5 Revealing Analyst Questions From Eli Lilly’s Q2 Earnings Call Neutral Sentiment: Analysts continue to view LLY as a fundamental leader, with reported price targets generally above the current trading level. However, the stock is approaching a technical buy point after a large earnings-driven advance, making valuation and chart resistance important near-term considerations. Eli Lilly Stock Nears Buy Point After Earnings-Fueled Gains Negative Sentiment: Insider-selling headlines may be adding pressure: executives have sold shares in recent months, including a reported 2,000-share sale by CFO and Chief Accounting Officer Donald Zakrowski. Lilly also trades at a demanding earnings multiple, leaving the stock sensitive to profit-taking or any signs of slower obesity-drug growth. Donald Zakrowski Sells 2,000 Shares of Eli Lilly Stock Wall Street Analyst Weigh In LLY has been the subject of several research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,283.00 price target on shares of Eli Lilly and Company in a research note on Friday, May 22nd. Barclays increased their price objective on shares of Eli Lilly and Company from $1,350.00 to $1,400.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Cantor Fitzgerald raised their target price on Eli Lilly and Company from $1,350.00 to $1,410.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their target price on Eli Lilly and Company from $1,250.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Finally, Guggenheim upped their price target on Eli Lilly and Company from $1,235.00 to $1,273.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,292.18.
Check Out Our Latest Stock Analysis on Eli Lilly and Company
Eli Lilly and Company Price Performance LLY opened at $1,182.24 on Monday. Eli Lilly and Company has a 1 year low of $685.15 and a 1 year high of $1,249.45. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.35 and a quick ratio of 1.00. The company has a market capitalization of $1.11 trillion, a price-to-earnings ratio of 39.67, a P/E/G ratio of 1.39 and a beta of 0.51. The firm’s fifty day moving average price is $1,170.82 and its two-hundred day moving average price is $1,052.69.
Eli Lilly and Company (NYSE:LLY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $8.38 earnings per share for the quarter, beating analysts’ consensus estimates of $6.40 by $1.98. The company had revenue of $22.97 billion for the quarter, compared to analyst estimates of $20.82 billion. Eli Lilly and Company had a net margin of 33.53% and a return on equity of 97.83%. The firm’s revenue was up 47.7% on a year-over-year basis. During the same period last year, the firm earned $6.31 earnings per share. Eli Lilly and Company has set its FY 2026 guidance at 35.500-36.500 EPS. As a group, analysts anticipate that Eli Lilly and Company will post 36.35 earnings per share for the current fiscal year.
Eli Lilly and Company Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $1.73 per share. This represents a $6.92 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, August 14th. Eli Lilly and Company’s dividend payout ratio (DPR) is presently 23.22%.
Eli Lilly and Company Company Profile (Free Report)
Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company founded in 1876 and headquartered in Indianapolis, Indiana. The company researches, develops, manufactures and commercializes a broad range of medicines and therapies for patients worldwide. Eli Lilly maintains operations and commercial presence across North America, Europe, Asia and other regions, serving both developed and emerging markets. The company has been led in recent years by President and Chief Executive Officer David A.
See Also Five stocks we like better than Eli Lilly and Company The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding LLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eli Lilly and Company (NYSE:LLY – Free Report).
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U.S. railroad Union Pacific (UNP.N) collected $91.1 million more in fuel surcharges than it paid for fuel during the second quarter, far outpacing rivals, according to a company filing with the Surface Transportation Board and first reported by Reuters.
Those excess surcharges boosted Union Pacific's profit, underlining criticism from some shippers that surcharges meant to recoup rising petroleum costs due to the U.S. and Israeli war on Iran are sometimes excessive.
Railroads are the only U.S. transportation companies that report both fuel costs and fuel surcharge revenue to regulators, offering rare insight into how surcharges can improve company profits.
Union Pacific said its year-over-year percentage fuel surcharge increase is in line with the industry. STB filings showed that only Norfolk Southern (NSC.N) and CSX (CSX.O) also had surpluses, of $3.6 million and $8.4 million, respectively, during the second quarter.
"Ultimately, fuel surcharges are a component of the overall cost we negotiate with customers and something they take into consideration when choosing Union Pacific and the service we provide," Union Pacific said in a statement.
Last month, Union Pacific said fuel surcharges added earnings of 14 cents per share in the second quarter. Based on shares outstanding, that works out to $83.2 million in profit.
MERGER WITH NORFOLK SOUTHERN
Union Pacific is seeking regulatory approval for an $85 billion acquisition of Norfolk Southern to create the first railroad operator spanning the continental United States.
The Stop the Rail Merger Coalition, which includes six state attorneys general, rival railroads, labor unions and agricultural and chemical industry groups, says creating a railroad with 50% market share of domestic rail freight would reduce competition and boost shipping costs that consumers ultimately pay.
The coalition did not immediately respond to a request for comment about the surcharges.
Berkshire Hathaway-owned BNSF (BRKa.N) said in an STB filing this month that only Union Pacific and Norfolk Southern would benefit from the merger, noting that the resulting company "will have every incentive and opportunity to apply UP’s longstanding high-price strategies on a national scale." BNSF declined to comment.
The U.S. transportation industry applies fuel surcharges using benchmarks such as the Department of Energy's On-Highway Diesel Fuel price and a proprietary formula, known as a "trade factor." Surcharges have withstood legal challenges and regulatory scrutiny over decades.
“Rail fuel surcharges overall are up 43 cents a mile since March and now sit above the previous record from September 2008. That's not a typo,” said Kyle Henzel, president and chief operating officer at shipping platform Ship.com.
There is generally a lag of up to two months between fuel price moves and railroad surcharges. This year's March fuel surcharge, for example, was based on the January diesel price, before the Iran war started.
In the first quarter, as a result, Union Pacific collected $607.6 million in fuel surcharges, $34.8 million less than it paid for fuel, its STB filing showed.
But in the combined first and second quarters, Union Pacific's surcharge revenue was $56.4 million more than its fuel costs.
Union Pacific was the only major railroad to report fuel surcharges that exceeded fuel costs for the first half of 2026.
The biggest gap was between Union Pacific and BNSF, which compete for dominance in the western United States. BNSF's surcharges were $658.1 million less than its fuel costs during the first six months of this year, according to STB filings.
Last year, Union Pacific's total fuel surcharge revenue was $2.3 billion, $48 million less than what it paid for fuel, the company's STB filings showed.
Realty Income zvýšila celoroční guidance AFFO na 4,44 až 4,45 USD na akcii a investiční objem pro rok 2026 na 10 miliard USD. Investice ve 2. čtvrtletí přinesly počáteční cash yield 7,3 % a obsazenost portfolia byla 98,8 %.
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Retirement income investors face a familiar tension in August 2026: the 10-year Treasury yield sits at 4.63%, in the 92.7th percentile of the past year, which raises the bar for every income-paying equity. Monthly-pay REITs still clear that bar when they combine covered payouts, disciplined balance sheets, and forward AFFO growth. Three names stand out heading into the second half of the month, each solving a different problem in a retirement portfolio: scale and consistency, high current yield, and growth-driven experiential exposure.
Two structural reminders before the picks. REITs must distribute the majority of taxable income, so payout coverage is best measured against AFFO or FFO rather than GAAP EPS. And monthly cadence, while psychologically attractive, only matters if the payout is durable. Each name below is stress-tested against those criteria.
Realty Income (NYSE: O): The Scale Compounder Realty Income (NYSE:O | O Price Prediction) remains the anchor holding for retirees who want monthly cash without headline risk. Shares traded at $62.74 as of August 14, 2026, translating to a 14.69% year-to-date gain before dividends. The current $0.271 monthly payout annualizes to $3.252, and the last ex-date fell on July 31, 2026, with payment on August 14.
The Q2 story reinforces why the nickname The Monthly Dividend Company still fits. Management raised full-year AFFO per share guidance to $4.44 to $4.45, roughly 4% growth at the midpoint, and lifted 2026 investment volume guidance to $10 billion. Q2 investments closed at a 7.3% initial weighted average cash yield, with portfolio occupancy at 98.8% and rent recapture of 102.7%. CEO Sumit Roy also highlighted "Fitch’s initiation of coverage for Realty Income with a solid A long-term issuer default rating," placing it among a small cohort of A-rated U.S. REITs.
The caveat: net debt to annualized pro forma adjusted EBITDA ticked up to 5.4 times, and Q2 GAAP EPS of $0.37 missed on impairments. AFFO coverage, the metric that matters for the dividend, remains comfortable.
AGNC Investment (NASDAQ: AGNC): The High-Yield Rebound Trade AGNC Investment (NASDAQ:AGNC) is the aggressive slice of the monthly-pay universe. Shares closed at $10.96 on August 14, 2026, with a one-year total return of 30.7%. The $0.12 monthly payout has now run 75 consecutive months, annualizing to $1.44 per share. The next ex-date is August 31, 2026, with payment on September 10.
Q2 execution answered a rough Q1. AGNC delivered an economic return of 6.7% for the quarter and a 12.3% total stock return with dividends reinvested. The portfolio ended at $97 billion in market value, and CEO Peter Federico pointed to current-coupon MBS spreads around 150 basis points versus the swap curve, translating to projected ROEs of 15% to 17% on marginal investments at 7 to 7.5x leverage. New agency MBS supply is running near $150 billion in 2026, and bond fund inflows are roughly double the prior-year pace, both supportive technicals.
The risk profile is real. Book value swings sharply with rate volatility (tangible book was down about 1% late in the prior week), and the 2020 cut from $0.16 to $0.12 is a reminder that mortgage REIT distributions bend to spread conditions.
EPR Properties (NYSE: EPR): The Experiential Growth Kicker EPR Properties (NYSE:EPR) has been the strongest performer of the three, up 27.48% year to date to $61.25. The $0.31 monthly dividend annualizes to $3.72, and the August 17, 2026 payment lands squarely in this month’s income calendar.
Q2 was the strongest operating quarter in the post-COVID recovery. FFO as adjusted per share rose 12.7% to $1.42, AFFO per share climbed 15.3%, and the AFFO payout ratio ran 65%, giving the dividend meaningful headroom. Management raised 2026 FFOAA guidance to $5.41 to $5.57 and lifted investment spending guidance to $600 million to $700 million. Q2 deployment hit $440.8 million at an 8.5% initial cash yield, including the Six Flags seven-park deal and the Netflix House Philadelphia acquisition. CEO Greg Silvers described "the demand for shared, location-based experiences that cannot be replicated at home" as the durable thesis behind the portfolio.
The risk is tenant concentration: Topgolf and AMC each account for 13.1% of Q2 revenue, and near-term maturities include $179.6 million in August 2026 and $450 million in December 2026. The new $1.6 billion credit facility largely addresses refinancing risk.
What to Watch Next For August cash flow, all three names sit on active monthly schedules. Realty Income offers the tightest coverage and the strongest credit; AGNC offers the highest current yield with the most volatility; EPR offers the fastest AFFO growth and the most operational leverage to consumer spending. If the 10-year Treasury drifts back toward the 12-month average of 4.28%, spread compression should favor all three, with EPR and AGNC likely to move most on rate relief.
Contact [email protected] for any questions or corrections.
WhiteWater a partneři v joint venture Solitude schválili konečné investiční rozhodnutí pro výstavbu dvou plynovodů z Permian Basin do Katy v Texasu. Projekt má počáteční kapacitu zhruba 2,25 Bcf/d na konci roku 2029.
, /PRNewswire/ -- WhiteWater today announced that it, together with Devon Energy Corporation (NYSE: DVN), MPLX LP (NYSE: MPLX), Diamondback Energy, Inc. (NASDAQ: FANG) and Western Midstream Partners, LP (NYSE: WES), through their Solitude Pipeline System joint venture ("Solitude"), have reached a positive Final Investment Decision ("FID") to construct two 48-inch natural gas pipelines, each running from the Permian Basin to Katy, TX. The project has secured substantial long-term firm transportation agreements with predominantly investment-grade shippers to support the FID.
Solitude will deliver scalable, long-haul natural gas transportation to support Permian Basin growth and expanding Gulf Coast consumption. The joint venture's pipeline system will feature a flexible, phased design that provides initial capacity of approximately 2.25 Bcf/d in late 2029, and an additional 2.25 Bcf/d in 2030 with the ability to increase capacity thereafter to accommodate shipper demand. Capacity commissioning can be accelerated or deferred to align with evolving market dynamics.
Solitude is expected to enter service in the second half of 2029, subject to receipt of customary regulatory and other approvals.
The joint venture is owned by WhiteWater (50.0%), Devon Energy (25.0%), MPLX (10.0%), Diamondback Energy (7.5%) and Western Midstream Partners (7.5%). I Squared Capital and FIC Partners Management, LP are partners in WhiteWater's Solitude investment.
About WhiteWater
WhiteWater is an Austin, Texas based infrastructure company and operator of multiple gas transmission assets. For more information about WhiteWater, visit www.wwdev.com.
About I Squared Capital
I Squared Capital is a leading independent global infrastructure investor dedicated to the mid-market, managing over $60 billion in assets. Founded in 2012, I Squared has evolved into one of the most diverse infrastructure investors in the world, with investments across power & utilities; transportation & logistics; digital infrastructure; environmental infrastructure; and social infrastructure, providing essential services to millions of people worldwide. Today, the portfolio includes over 100 companies operating in more than 70 countries. Headquartered in Miami, the firm has offices in Abu Dhabi, London, Munich, New Delhi, São Paulo, Singapore, Sydney and Taipei. Learn more at www.isquaredcapital.com.
About FIC
FIC Partners Management, LP ("FIC") is an investment firm with a focus on critical infrastructure assets across the energy and power use value chains. FIC focuses on investment opportunities that seek to generate long-term capital appreciation in the gas transmission, downstream, power and utilities, renewables, and data/telecommunications industries. FIC partners with management teams and businesses to help accelerate the development of strategic assets that serve society's growing energy needs and the associated decarbonization of industrial infrastructure. FIC is the renamed firm following the merger of Emerald Bridge Capital, LP and First Infrastructure Capital Advisors, LLC. For more information about FIC, please visit www.FICfund.com.
About Devon
Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio with assets in the Anadarko Basin, Eagle Ford, Marcellus Shale, Powder River Basin, Williston Basin, anchored by a world-class position in the Delaware Basin. Devon's disciplined cash-return business model is designed to achieve strong returns, generate resilient free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.
About MPLX
MPLX LP (NYSE: MPLX) is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. More information is available at www.mplx.com.
About Diamondback
Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas.
About Western Midstream
Western Midstream Partners, LP ("WES") is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells residue, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity-price volatility through fee-based contracts.
For more information about WES, please visit www.westernmidstream.com.
Workday vyskočil téměř o 18 % po zprávě, že Silver Lake jedná o převzetí firmy do soukromých rukou. Dohoda ale není jistá a žádná cena ani podmínky nebyly zveřejněny.
Workday (WDAY -3.76%) had its best day since 2016 last Thursday. Shares jumped nearly 18% (trading was halted multiple times along the way) after Reuters reported that private equity firm Silver Lake has spent recent months in talks to take the human resources and finance software maker private. The move lifted Workday's market value from about $43 billion to nearly $51 billion.
What nobody has reported is a price, or terms, or any assurance a deal gets done. Neither Workday nor Silver Lake immediately responded to CNBC's request for comment. And reported talks don't always turn into offers.
So the exercise worth doing is valuing the business on its own -- as if no buyer ever shows up.
Image source: Getty Images.
What Thursday changed Before the report, Workday was a stock the market had spent much of the year marking down. Concerns that artificial intelligence (AI) will upend the business model of seat-based software have weighed on the shares for months. The company also changed leaders in February, when co-founder Aneel Bhusri returned as CEO, replacing Carl Eschenbach. And even after Thursday's jump, the stock remains about 17% below its 52-week high of $249.85.
That context matters for handicapping the talks. A private equity firm circling a company like this is a bet that the market's AI fears are overdone, and that the cash flows are durable enough to carry a leveraged deal. Even if no offer ever comes, the report says a deep-pocketed buyer has been in talks about a deal for months.
The stand-alone business The business under all this is slower than it was, and considerably more profitable. Workday's revenue over the trailing 12 months came to $9.85 billion, up 13.3%. Fiscal 2026 (the year ended Jan. 31, 2026) showed the same shape, with revenue up 13.1%, a step down from 16.4% growth the year before and from the high-teens rates of a few years ago.
Profitability is moving the other way. Operating margin has climbed from 2.5% in fiscal 2024 to 4.9% in fiscal 2025 to 7.5% in fiscal 2026, and trailing-12-month net income rose about 74% to $847 million.
Free cash flow is the more useful measure for a software company, though. Workday generated about $2.97 billion of it over the trailing 12 months, about 30% of revenue.
The AI question hangs over the growth line specifically. Workday prices mostly on its customers' headcount, and if AI lets them run leaner back offices, that headcount could stagnate even while the software stays essential. That risk helped push the stock lower through the first half of the year, before a sharp rebound took hold in July.
The numbers haven't settled it either way. Fiscal 2026's 13% growth is slower than the past, but it isn't the shrinkage the skeptics expect.
Today's Change
(
-3.76
%) $
-7.77
Current Price
$
198.68
A five-year forecast A forecast is only as honest as its assumptions, so here are mine. Assume revenue growth eases from 13% toward single digits, averaging about 10% a year. That puts revenue near $16 billion in five years. Assume free cash flow margin holds around 30%, which requires no improvement from today. That produces about $4.8 billion of annual free cash flow.
The last assumption is the multiple. Put a mature-software valuation of 18 to 20 times free cash flow on those dollars, and the business would be worth about $85 billion to $95 billion, or about $340 to $385 per share before accounting for changes in the share count. The stock trades at about $206 as of this writing.
From the current $51 billion value, that works out to annualized returns of about 11% to 13%.
Of course, the bear branch is the one the AI skeptics would draw. If headcount pressure caps growth at about 6% a year and the multiple compresses to 15 times free cash flow, the value lands near $60 billion, or about $240 per share -- closer to a 3% annualized return from here. Slower, but not a disaster, with free cash flow still growing the whole way.
I'd put more weight on the first branch than the second. Workday's margin climb is recent and steep, and a business converting 30% of revenue to cash can fund its own transition into whatever AI makes of enterprise software. If the talks end without a deal, part of Thursday's jump would likely reverse, and quickly. But the five-year case was never about the talks. It rests on growth near 10% and a free cash flow margin that holds where it is, and today, both assumptions still look reasonable to me.
Applied Materials zveřejnila za fiskální 3. čtvrtletí tržby 9,12 miliardy USD a upravený EPS 3,50 USD, obojí nad odhady. Firma zároveň zvýšila výhled na fiskální 4. čtvrtletí.
Carret Asset Management LLC cut its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 4.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,772 shares of the manufacturing equipment provider’s stock after selling 1,521 shares during the quarter. Applied Materials makes up about 2.0% of Carret Asset Management LLC’s holdings, making the stock its 8th biggest position. Carret Asset Management LLC’s holdings in Applied Materials were worth $22,971,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of AMAT. Brighton Jones LLC increased its stake in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares during the period. Sivia Capital Partners LLC boosted its stake in Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new stake in Applied Materials during the 2nd quarter valued at approximately $410,000. Schnieders Capital Management LLC. grew its holdings in Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after buying an additional 3,469 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after buying an additional 157,426 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.
Key Stories Impacting Applied Materials Here are the key news stories impacting Applied Materials this week:
Positive Sentiment: Record quarterly performance: Fiscal Q3 revenue rose 24.8% year over year to $9.12 billion, ahead of the $8.99 billion consensus estimate, while adjusted EPS of $3.50 exceeded expectations. AI infrastructure demand, advanced packaging and memory spending supported growth. Applied Materials Q3 Earnings Beat Estimates, Revenues Rise Y/Y Positive Sentiment: Above-consensus outlook: Management projected fiscal Q4 revenue of approximately $9.8 billion to $10.8 billion and EPS of $3.82 to $4.22, both above analyst expectations. The company also pointed to stronger systems growth and unusually long customer visibility into fiscal 2027 and beyond. Applied Materials Forecasts Quarterly Revenue Above Estimates Positive Sentiment: Analyst and institutional support: JPMorgan, RBC, TD Cowen, B. Riley, Needham and other firms maintained positive ratings or raised price targets. Soros Capital also reportedly added AMAT among several semiconductor positions, reinforcing the longer-term AI and chip-cycle investment case. Soros Capital Loads Up on Semiconductor Stocks Neutral Sentiment: Options imply a possible rebound: Derivatives-market data indicates traders expect the pullback could be temporary, although elevated volatility reflects uncertainty over the stock’s near-term direction. Applied Materials Options Data Negative Sentiment: Expectations were exceptionally high: Despite the earnings beat and upbeat guidance, investors wanted faster growth and clearer evidence that AMAT is outpacing rivals in semiconductor manufacturing equipment. Concerns about competition, margins and the pace of systems growth overshadowed the headline results. Applied Materials Slips as Investors Seek Faster Growth Negative Sentiment: Broader market pressure added to selling: Weaker July retail-sales data, profit-taking after record highs and a semiconductor-sector selloff weighed on AMAT and other AI-related stocks. Applied Materials Stock Performance NASDAQ AMAT opened at $507.18 on Monday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The stock has a market cap of $402.68 billion, a P/E ratio of 43.72, a PEG ratio of 1.25 and a beta of 1.61. The company’s 50-day simple moving average is $564.15 and its 200 day simple moving average is $445.77.
Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 12.48 earnings per share for the current fiscal year.
Applied Materials Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is 18.28%.
Insider Buying and Selling at Applied Materials In related news, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director owned 40,559 shares of the company’s stock, valued at $24,326,071.43. The trade was a 18.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares in the company, valued at $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 278,088 shares of company stock worth $169,654,805 over the last three months. 0.30% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades Several research analysts have commented on the company. Wells Fargo & Company lifted their price target on Applied Materials from $715.00 to $740.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. Wolfe Research increased their price objective on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Mizuho raised their price objective on shares of Applied Materials from $540.00 to $650.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Barclays boosted their target price on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $645.00 target price on shares of Applied Materials in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $640.17.
Read Our Latest Report on Applied Materials
Applied Materials Profile (Free Report)
Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.
Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.
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Caitong International Asset Management ve 2. čtvrtletí zvýšila podíl v Applied Materials o 61,8 % na 8 938 akcií v hodnotě 6,462 milionu USD. Společnost je nyní 21. největší pozicí fondu.
Caitong International Asset Management Co. Ltd increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 61.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,938 shares of the manufacturing equipment provider’s stock after buying an additional 3,413 shares during the quarter. Applied Materials comprises about 0.9% of Caitong International Asset Management Co. Ltd’s holdings, making the stock its 21st largest position. Caitong International Asset Management Co. Ltd’s holdings in Applied Materials were worth $6,462,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in AMAT. Brighton Jones LLC grew its stake in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC purchased a new stake in shares of Applied Materials during the second quarter worth approximately $410,000. Schnieders Capital Management LLC. raised its stake in shares of Applied Materials by 30.1% during the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after purchasing an additional 3,469 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Applied Materials by 59.3% during the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock worth $77,383,000 after purchasing an additional 157,426 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.
Insider Transactions at Applied Materials In other Applied Materials news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total value of $14,704,400.00. Following the completion of the transaction, the chief executive officer directly owned 1,599,843 shares of the company’s stock, valued at approximately $1,176,236,570.46. This trade represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Prabu G. Raja sold 10,000 shares of Applied Materials stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the sale, the insider owned 346,642 shares of the company’s stock, valued at approximately $219,608,106.26. The trade was a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades A number of equities analysts recently weighed in on AMAT shares. Susquehanna lifted their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Raymond James Financial set a $650.00 price objective on shares of Applied Materials in a research report on Wednesday, June 10th. Needham & Company LLC restated a “buy” rating and issued a $740.00 target price on shares of Applied Materials in a research note on Friday. Barclays lifted their target price on shares of Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Finally, Stifel Nicolaus boosted their price target on shares of Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $640.17.
Get Our Latest Report on Applied Materials
More Applied Materials News Here are the key news stories impacting Applied Materials this week:
Positive Sentiment: Record quarterly performance: Fiscal Q3 revenue rose 24.8% year over year to $9.12 billion, ahead of the $8.99 billion consensus estimate, while adjusted EPS of $3.50 exceeded expectations. AI infrastructure demand, advanced packaging and memory spending supported growth. Applied Materials Q3 Earnings Beat Estimates, Revenues Rise Y/Y Positive Sentiment: Above-consensus outlook: Management projected fiscal Q4 revenue of approximately $9.8 billion to $10.8 billion and EPS of $3.82 to $4.22, both above analyst expectations. The company also pointed to stronger systems growth and unusually long customer visibility into fiscal 2027 and beyond. Applied Materials Forecasts Quarterly Revenue Above Estimates Positive Sentiment: Analyst and institutional support: JPMorgan, RBC, TD Cowen, B. Riley, Needham and other firms maintained positive ratings or raised price targets. Soros Capital also reportedly added AMAT among several semiconductor positions, reinforcing the longer-term AI and chip-cycle investment case. Soros Capital Loads Up on Semiconductor Stocks Neutral Sentiment: Options imply a possible rebound: Derivatives-market data indicates traders expect the pullback could be temporary, although elevated volatility reflects uncertainty over the stock’s near-term direction. Applied Materials Options Data Negative Sentiment: Expectations were exceptionally high: Despite the earnings beat and upbeat guidance, investors wanted faster growth and clearer evidence that AMAT is outpacing rivals in semiconductor manufacturing equipment. Concerns about competition, margins and the pace of systems growth overshadowed the headline results. Applied Materials Slips as Investors Seek Faster Growth Negative Sentiment: Broader market pressure added to selling: Weaker July retail-sales data, profit-taking after record highs and a semiconductor-sector selloff weighed on AMAT and other AI-related stocks. Applied Materials Stock Performance Shares of AMAT stock opened at $507.18 on Monday. The business’s fifty day moving average price is $564.15 and its 200 day moving average price is $445.77. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The firm has a market capitalization of $402.68 billion, a PE ratio of 43.72, a P/E/G ratio of 1.25 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79.
Applied Materials (NASDAQ:AMAT – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The firm had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the business posted $2.48 earnings per share. Applied Materials’s revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, sell-side analysts forecast that Applied Materials, Inc. will post 12.48 EPS for the current fiscal year.
Applied Materials Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 18.28%.
Applied Materials Profile (Free Report)
Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.
Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.
Featured Stories Five stocks we like better than Applied Materials The Metals Company’s Big Bet Now Comes Down to a License OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings Meta and Tesla Are Rebounding From Oversold Levels—Now What? AMG’s Alternatives Boom Powers Record Growth Want to see what other hedge funds are holding AMAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Materials, Inc. (NASDAQ:AMAT – Free Report).
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Centene oznámila plánovanou výměnu finančního ředitele: Drew Asher odejde z funkce 31. prosince 2026 a odejde z Centene na konci roku 2027, zatímco Chris Neczypor jej nahradí jako výkonný viceprezident a finanční ředitel od 1. ledna 2027.
Drew Asher to step down as CFO December 31, 2026 and retire from Centene at the end of 2027 Chris Neczypor named successor CFO, effective January 1, 2027 , /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced its Chief Financial Officer (CFO), Drew Asher, has notified the company of his intention to step down from his CFO role in December 2026 and retire from Centene at the end of 2027. Chris Neczypor will join the organization in September and work alongside Mr. Asher, assuming the Executive Vice President and Chief Financial Officer role on January 1, 2027. Mr. Asher will remain with the company until his retirement to support a variety of strategic initiatives and ensure a smooth transition.
Mr. Neczypor is a seasoned executive with deep experience across corporate finance, strategy, transformation and capital management. Prior to joining Centene, Mr. Neczypor served as Executive Vice President and Chief Financial Officer for Lincoln Financial, a leading provider of life insurance, annuities, group benefits and retirement solutions. Since joining Lincoln in 2018, he has held other leadership positions, including as Chief Strategy Officer and roles spanning investments, strategic planning and enterprise transformation. Prior to Lincoln Financial, Mr. Neczypor spent more than a decade in investment and financial services roles, including as an equity research analyst at Goldman Sachs and as an investor at institutional asset management firms.
"I'm excited to welcome Chris to Centene," said Sarah M. London, Chief Executive Officer. "Chris brings a proven track record of strengthening financial performance, optimizing operations and creating long-term shareholder value. Just as importantly, he is a collaborative, values-driven leader who understands how to build strong teams and drive meaningful impact. Our organization will benefit from his expertise, energy and perspective as we deliver on Centene's next phase of transformation and growth."
"It's an honor to join a company with such an extraordinary mission," said Mr. Neczypor. "I look forward to serving as Centene's next Chief Financial Officer and working alongside Sarah and the leadership team to transform the health of communities across our country."
Mr. Asher's distinguished career includes over three decades of financial and healthcare industry leadership. Since assuming the role of CFO in 2021, Mr. Asher has helped guide Centene through a period of significant growth and change. The company expanded from approximately $126 billion in revenue in 2021 to approximately $195 billion in 2025, reflecting the company's significant increase in scale during a period of transformation across the healthcare industry.
"I am incredibly proud of how Centene navigated through unprecedented change while remaining disciplined in execution and focused on long-term value," said Drew Asher. "The foundation we've built and the outstanding team we've assembled give me confidence in Centene's ability to transform healthcare and provide value for shareholders. I look forward to working closely with Sarah and Chris through 2027 to support Centene's continued progress."
Added Ms. London: "I want to thank Drew for his exceptional contributions to Centene. His strategic perspective, financial discipline and unwavering focus on value creation set the stage for Centene's next chapter of growth and success. His partnership has been invaluable to me, and I am grateful that we will be able to continue to draw on Drew's expertise as we transition into the company's next chapter."
Centene reaffirms its previously issued full year 2026 adjusted diluted EPS guidance of greater than $4.80 and all associated 2026 full-year guidance metrics provided in its July 28, 2026 second quarter earnings press release.
About Centene Corporation
Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach with local teams to provide fully integrated, high-quality, and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to more than 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans), as well as individuals and families served by the Health Insurance Marketplace.
Forward-Looking Statements
All statements, other than statements of current or historical fact, contained in this press release are forward-looking statements. Without limiting the foregoing, forward-looking statements often use words such as "believe," "anticipate," "plan," "expect," "estimate," "predict," "intend," "seek," "target," "goal," "potential," "may," "will," "would," "could," "should," "can," "continue," and other similar words or expressions (and the negative thereof). Our 2026 full year guidance and the expected timeline of the CFO transition are forward-looking statements. Centene Corporation and its subsidiaries (Centene, the Company, our or we) intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we are including this statement for purposes of complying with these safe-harbor provisions. In particular, these statements include, without limitation, statements about the timing of the CFO transition, our expected future operating or financial performance, changes in laws and regulations, market opportunity, expectations concerning pricing actions, competition, expected contract start dates and terms, expected activities in connection with completed and future acquisitions and dispositions, our investments, and the adequacy of our available cash resources. These forward-looking statements reflect our current views with respect to future events and are based on numerous assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, business strategies, operating environments, future developments, and other factors we believe appropriate. By their nature, forward-looking statements involve known and unknown risks and uncertainties and are subject to change because they relate to events and depend on circumstances that will occur in the future, including economic, regulatory, competitive, and other factors that may cause our or our industry's actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, and assumptions. All forward-looking statements included in this press release are based on information available to us on the date hereof. Except as may be otherwise required by law, we undertake no obligation to update or revise the forward-looking statements included in this press release, whether as a result of new information, future events, or otherwise, after the date hereof. You should not place undue reliance on any forward-looking statements, as actual results may differ materially from projections, estimates, or other forward-looking statements due to a variety of important factors, variables, and events including, but not limited to: our ability to design and price products that are competitive and/or actuarially sound; our ability to accurately predict and effectively manage health benefits and other operating expenses and reserves, including fluctuations in medical costs; rate cuts, insufficient rate changes or other payment reductions or delays by government payors affecting our government businesses; the effect of social, economic, and political conditions, geopolitical events and state and federal policies, including the amount and terms of state and federal funding for government-sponsored healthcare programs, including as a result of changes in U.S. presidential administrations or Congress; changes in federal or state laws or regulations, including changes with respect to income tax reform or government healthcare programs as well as changes with respect to the Patient Protection and Affordable Care Act and the Health Care and Education Affordability Reconciliation Act (collectively referred to as the ACA) and any regulations enacted thereunder, including the timing and terms of renewal or modification of the Enhanced Advance Premium Tax Credits (eAPTCs) or program integrity initiatives that could have the effect of reducing membership or profitability of our products; unanticipated increased healthcare costs, including due to changes in consumer and provider behaviors, inflation and tariffs; our ability to successfully execute on our enterprise optimization initiatives, including any separation programs; our ability to maintain or achieve improvement in the Centers for Medicare and Medicaid Services (CMS) Star ratings and maintain or achieve improvement in other quality scores in each case that could impact revenue and future growth; competition, including for providers, broker distribution networks, contract reprocurements and organic growth; our ability to adequately anticipate demand and timely provide for operational resources to maintain service level requirements in compliance with the terms of our contracts and state and federal regulations; our ability to comply with the terms of our contracts and state and federal regulations and our ability to effectively oversee our third-party vendors to comply with the terms of their contracts with us and state and federal regulations; our ability to manage our information systems effectively; disruption, unexpected costs, or similar risks from business transactions, including acquisitions, divestitures, and changes in our relationships with third-party vendors; impairments to real estate, investments, goodwill and intangible assets; changes in senior management, loss of one or more key personnel or an inability to attract, hire, integrate and retain skilled personnel; membership and revenue declines or unexpected trends; changes in healthcare practices, new technologies, and advances in medicine; our ability to effectively and ethically use artificial intelligence and machine learning in compliance with applicable laws; changes in macroeconomic conditions, including inflation, interest rates and volatility in the financial markets; negative public perception of the Company and the managed care industry; uncertainty concerning government shutdowns, debt ceilings or funding; tax matters; disasters, climate-related incidents, acts of war or aggression or major epidemics; changes in expected contract start dates and terms; changes in provider, broker, vendor, state, federal and other contracts and delays in the timing of regulatory approval of contracts, including due to protests and our ability to timely comply with any such changes to our contractual requirements or manage any unexpected delays in regulatory approval of contracts; the expiration, suspension, or termination of our contracts with federal or state governments (including, but not limited to, Medicaid, Medicare or other customers); the difficulty of predicting the timing or outcome of legal or regulatory audits, investigations, proceedings or matters including, but not limited to, our ability to resolve claims and/or allegations on acceptable terms, or at all, or whether additional claims, reviews or investigations will be brought; challenges to our contract awards; cyber-attacks or other data security incidents or our failure to comply with applicable privacy, data or security laws and regulations; the exertion of management's time and our resources, and other expenses incurred and business changes required in connection with complying with the terms of our contracts and the undertakings in connection with any regulatory, governmental, or third-party consents or approvals for acquisitions or dispositions; any changes in expected closing dates, estimated purchase price, or accretion for acquisitions or dispositions; losses in our investment portfolio; restrictions and limitations in connection with our indebtedness; a downgrade of our corporate family rating, issuer rating or credit rating of our indebtedness; the availability of debt and equity financing on terms that are favorable to us and risks and uncertainties discussed in the reports that Centene has filed with the Securities and Exchange Commission (SEC). This list of important factors is not intended to be exhaustive. We discuss certain of these matters more fully, as well as certain other factors that may affect our business operations, financial condition, and results of operations, in our filings with the SEC, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Due to these important factors and risks, we cannot give assurances with respect to our future performance, including without limitation our ability to maintain adequate premium levels or our ability to control our future medical and selling, general and administrative (SG&A) costs.
EMCOR po silném druhém čtvrtletí zvýšil výhled zisku i výnosů a těží z boomu výstavby datových center pro AI. Zacks mu nově přiřadil rank #1 (Strong Buy).
Key Takeaways EMCOR is a leading electrical and mechanical contractor riding the AI boom and other megatrends.EME averaged 14% revenue growth over the last five years, and roughly quadrupled its earnings.It is projected to follow this up with double-digit EPS and revenue growth in 2026 and 2027.EMCOR's beat-and-raise Q2 helps it land a Zacks Rank #1 (Strong Buy). EMCOR Group, Inc. (EME - Free Report) is a leading electrical and mechanical contractor with deep exposure to the AI data-center buildout and other key megatrends across energy and beyond. EME averaged 14% revenue growth over the last five years, while roughly quadrupling its earnings.
The AI data-center infrastructure specialist posted a strong beat-and-raise second quarter at the end of July, with its recent wave of upbeat earnings revisions landing the stock a Zacks Rank #1 (Strong Buy).
EME is projected to follow up its impressive five-year run of growth with another back to back years of double-digit earnings and revenue expansion.
EMCOR stock has crushed its sector, its industry, and the S&P 500 over the last 15 years, soaring ~3,600%. The stock recently found support at several key technical ranges after a healthy pullback off its highs. It is down ~10% from its peak, and its valuation looks enticing.
Image Source: Zacks Investment Research
The company is helping physically build key pillars of the 21st century economy, profiting directly from the AI data center spending boom, energy and infrastructure growth, reshoring, and beyond.
EME, which pays a dividend and boasts a strong balance sheet with near-zero debt, is a great way to ride the AI-boosted capex spree that shows no signs of slowing. Just last week Nvidia reached a deal with BlackRock, Goldman Sachs, and other Wall Street giants to raise $500 billion to fund the AI-infrastructure build out.
Bank of America followed up Nvidia’s AI capex spending news with its own plan to inject $250 billion into the AI-boosted infrastructure push focused on data centers, energy, and critical minerals. This backdrop is why McKinsey projects that $7 trillion will be spent globally on AI-centric capex by 2030.
Best Buy and Hold AI Infrastructure Stocks: EMEEMCOR is a mechanical and electrical construction services giant that also operates across industrial and energy infrastructure and building services. EMCOR boasts that it handles everything from “constructing a hyperscale data center to providing 24/7 support for a cutting-edge hospital to implementing the latest energy efficiency technologies.”
EME serves a wide range of end markets, including commercial and governmental buildings, industrial facilities, healthcare, education, and most importantly AI data centers and technology campuses.
Its Electrical Construction and Facilities Services unit (30% of 2025 sales) spans electrical power transmission and distribution, fiber optic lines, low-voltage systems, and more.
Image Source: Zacks Investment Research
The U.S. Mechanical Construction and Facilities Services segment (42%) features ventilation, air conditioning, water and wastewater treatment, central plant heating and cooling, steel fabrication, erection and welding, filtration, and much more. EMCOR’s smaller segments provide building operations and maintenance services (18%) as well as industrial maintenance and repair work for refineries and petrochemical plants (7%).
EME posted consistent revenue and earnings growth over the past 15 years outside of a Covid-based pullback. EMCOR’s growth (especially earnings) soared over the last five years as it profits from converging megatrends across technology/AI, energy and utilities infrastructure, reshoring, and more.
EME averaged 14% revenue growth over the last five years, climbing from $9.90 billion in FY21 to $16.99 billion in 2025. More impressively, it nearly quadrupled its GAAP earnings during this stretch, skyrocketing from $7.06 a share to $28.19 per share—its adjusted earnings jumped 266%.
Image Source: Zacks Investment Research
Investors must remember AI arms race is creating a once-in-a-generation (or longer) boom in the physical economy that EMCOR and its infrastructure peers are profiting from.
Wall Street already pushed the S&P 500 to new highs after the healthy pullback because the money keeps pouring in and earnings growth is stellar.
The hyperscalers alone are projected to spend roughly $700 billion or more in AI-related capex in 2026 and ramp up again in 2027, after spending ~$400 billion in 2025. Globally, companies will pour $7 trillion into data-center capex by 2030 (McKinsey), with $1.3 trillion aimed at energy.
Image Source: Zacks Investment Research
Nvidia last week reached a deal with Wall Street giants including BlackRock and Goldman Sachs to help raise $500 billion to fund the AI-infrastructure build-out.
The half-trillion-dollar in new AI infrastructure spending is the latest bullish sign for all things related to the AI spending spree. Bank of America then followed the Nvidia’s (NVDA - Free Report) AI capex spending news with its own plan to inject $250 billion into the AI-boosted infrastructure across data centers, energy, and critical minerals.
This AI-fueled spending is helping line the pockets of EMCOR and others that are physically building the new pillars of the 21st century economy and beyond.
The Top-Ranked AI Infrastructure Stock’s Growth OutlookEMCOR grew its earnings by 35% YoY in the second quarter to $9.06 a share, crushing our estimate by 25%. It closed the quarter with remaining performance obligations of $17.14 billion, up 44% from the year-ago period.
The strong quarter and its growing backlog helped it raise its full-year earnings and revenue guidance. Its consensus earnings estimates have jumped 13% for 2026 and 2027 since its Q2 release on July 30.
Image Source: Zacks Investment Research
EMCOR is projected to grow its adjusted earnings another 28% in 2026 and 12.4% in 2027 on the back of 20% and 10%, respective sales growth.
EME has also consistently topped our bottom line estimates in the past five years, outside of a few misses.
Buy the Soaring Zacks Rank #1 (Strong Buy) Stock Before It Breaks Out?EMCOR shares have soared ~600% over the past five years as part of a stellar market and sector-crushing run over the last 15 (~3,600%) and 25 years (~8,600%). EME has climbed ~40% YTD, yet it has fallen roughly 10% from its early May highs.
The stock has already bounced back alongside the broader market. EME found buyers near its long-term 50-week and the key technical range below at the end of July.
EMCOR is back above its 50-day and on the verge of overtaking another critical level that could lead to a breakout to new all-time highs (see chart below).
Image Source: Zacks Investment Research
EME downturn, coupled with its strong earnings outlook, has it trading at 24.1X forward earnings. This marks a ~23% discount to its highs and just an 11% premium to its Building Products - Heavy Construction industry and a 16% premium to the S&P 500, even though EMCOR has climbed ~1,400% in the past 10 years vs. its industry’s 540% and benchmark’s 285%.
On top of that, EME’s strong balance sheet is highlighted by its near-zero debt and surging shareholders’ equity. Plus, eight of the 11 brokerage recommendations Zacks has are “Strong Buys.”
SpaceX’s (NASDAQ: SPCX) record-breaking public debut has attracted significant investor attention, and newly disclosed regulatory filings show that some of the world’s wealthiest individuals are among the company’s largest shareholders.
The aerospace and satellite communications giant completed the largest initial public offering in history on June 12, raising to $85.7 billion.
While the stock has pulled back from its post-IPO highs, several billionaire investors continue to hold substantial stakes, reflecting long-term confidence in the company’s businesses. Notably, SPCX ended the last session at $140.
SpaceX stock price chart. Source: Finbold
Antonio Gracias
Among the largest disclosed holders is billionaire Antonio Gracias, founder of Valor Equity Partners and a longtime SpaceX board member.
As of June 30, Gracias reported beneficial ownership of 503.4 million Class A shares through various Valor-affiliated entities. The position represented roughly 6.5% of the company’s Class A stock, making it one of the largest outside holdings disclosed after the IPO.
Valor Equity Partners 13F filings. Source: Whale Wisdom
Gracias has backed SpaceX for nearly two decades, and the stake reflects years of investment through multiple funds focused on the company.
Peter Thiel
Billionaire Peter Thiel and entities associated with Founders Fund disclosed ownership of 427.3 million Class A shares, equal to approximately 5.5% of outstanding Class A stock.
The investment dates back to one of the earliest institutional bets on SpaceX in 2008 and has since grown into one of the most successful venture capital investments on record.
Regulatory filings show that Thiel directly controlled 17.4 million shares, while the remainder were held through various Founders Fund partnerships and affiliated investment vehicles.
Gina Rinehart
Australia’s richest person, Gina Rinehart, emerged as one of the most notable new SpaceX IPO investors.
During the second quarter, Rinehart acquired 8 million SpaceX shares valued at approximately $1.37 billion as of June 30. The investment became the largest position in her disclosed U.S. equity portfolio.
The purchase marked a major diversification beyond Hancock Prospecting’s mining operations and signaled growing interest in long-term opportunities tied to space technology and communications infrastructure.
Luke Nosek
PayPal co-founder Luke Nosek, who has served on SpaceX’s board since 2008, remains one of the company’s largest individual shareholders.
Nosek disclosed beneficial ownership of nearly 33 million Class A shares. About 25 million shares were held directly, while an additional 8 million were owned through Nosek Capital LLC.
The position highlights the substantial returns generated for some of SpaceX’s earliest outside investors following the company’s public listing.
Gwynne Shotwell
SpaceX President and Chief Operating Officer Gwynne Shotwell ranks among the company’s most significant insiders.
Her disclosed holdings included several million Class A shares held directly and through family trusts, alongside more than 7 million Class B shares. Combined ownership across both share classes places the value of her stake in the multibillion-dollar range.
Shotwell has played a central role in SpaceX’s growth and remains one of the company’s most influential executives.
SpaceX stock fundamentals
The billionaire-backed holdings were disclosed alongside SpaceX’s first quarterly earnings report as a public company.
For the second quarter, the company reported revenue of $7.8 billion, up 92% year over year, driven by continued expansion of its Starlink satellite internet business and growing artificial intelligence cloud contracts.
SpaceX also narrowed its net loss to $541 million while reporting a sharp increase in adjusted EBITDA. Capital expenditures remained elevated as the company continued investing in launch systems and AI infrastructure.
Alphabet vykázal za čtvrtletí čistý zisk 112,2 miliardy USD, ale 98 miliard USD z toho tvořily nerealizované zisky z podílu ve SpaceX. Bez nich by zisk klesl zhruba na 18 miliard USD.
Alphabet's (GOOG -0.12%) (GOOGL -0.13%) long-running bet on Space Exploration Technologies (SPCX -0.91%) has quietly become one of the most consequential corporate investments in modern history. What began as a shared interest in satellite connectivity has now become a windfall that dominates Alphabet's financial profile. The analysis below details the power of deploying patient capital and the distortions that unrealized gains can introduce into reported profits.
Image source: Getty Images.
The origins of Alphabet's investment in SpaceX In 2015, Google invested $900 million into SpaceX. At the time, the rocket company was valued at roughly $12 billion, so the investment secured Google an ownership stake of approximately 7.5%. The capital was used to support SpaceX's ambitions in reusable launch cadences and its nascent Starlink constellation. These areas aligned with Google's own interest in global internet access.
Over the last decade, Google's position was diluted through subsequent funding rounds. However, the company retained a meaningful stake in SpaceX. According to recent filings, Google's early check has now grown more than 100x in value, illustrating how a single investment can transform a balance sheet years later.
Breaking down SpaceX's landmark IPO SpaceX completed an initial public offering (IPO) in June. According to its S-1 filing, SpaceX offered 555.6 million shares at a price of $135 each -- planning to raise $75 billion at a $1.8 trillion valuation.
In reality, SpaceX stock opened well above the offering price and closed its first day of trading near $161. This propelled the company's market capitalization past $2 trillion, instantly making it one of the most valuable companies in the world. On the last day of the second quarter (June 30), SpaceX shares were at $170.86.
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How to assess Alphabet's Q2 earnings For the quarter ended June 30, Alphabet reported net income of $112.2 billion on revenue of $119.8 billion. At first glance, this looks almost unbelievable. But a quick look at Alphabet's income statement reveals that the company's bottom-line expansion was almost entirely driven by a line item called other income, which totaled $98 billion.
Smart investors understand that companies often bury important notes and disclosures deep in their filings. According to Alphabet's latest 10Q, "other income" captures net gains on equity securities. Alphabet revealed that the surge from other income was "primarily related to unrealized gains in our equity securities portfolio from SpaceX and a private company." According to Alphabet's quarter-end 13F filing, the company's SpaceX position was worth $94.1 billion.
If I subtract SpaceX's equity gains, Alphabet's reported net income would move closer to $18 billion. This would actually have resulted in a 35% year-over-year decline in earnings per share (EPS). This distinction is important because unrealized gains are non-cash and vulnerable to daily stock price fluctuations. A subsequent decline in SpaceX stock -- which has since happened since the quarter ended -- essentially reverses the same line item that drove most of Alphabet's profitability in the first place.
Against this backdrop, investors should treat reported profits with an extra level of scrutiny, especially if meaningful equity positions are marked to market value. For Alphabet specifically, the most relevant metrics remain operating income, free cash flow, and the trajectory of its advertising and cloud computing segments.
While the SpaceX stake is a genuine economic asset, its contribution to quarterly financial results is inherently episodic and largely outside of the control of Alphabet's management. Smart investors should focus on the durable, cash-generating segments of Alphabet's ecosystem rather than the valuation swings of an investment portfolio. In the long run, this approach provides a clearer view of Alphabet's underlying health and earnings power.
UBS čeká, že Nvidia ve druhém čtvrtletí vykáže výnosy 94 až 95 miliard USD a ve třetím čtvrtletí mohou dosáhnout 107 až 108 miliard USD. Klíčem má být silná poptávka po Blackwellu a první příspěvek systémů Vera Rubin.
Nvidia heads into its August 26 earnings report with Wall Street already expecting another beat, but UBS believes the more important test may come one quarter later.
The chipmaker reported record fiscal first-quarter revenue of $81.6 billion, including $75.2 billion from Data Center, and guided to roughly $91 billion for the July quarter.
UBS analyst Timothy Arcuri now expects Nvidia to deliver $94 billion to $95 billion, before guiding to $107 billion to $108 billion for the October quarter.
More strikingly, Arcuri believes actual third-quarter revenue could exceed $110 billion as Blackwell demand remains firm and the first Rubin systems begin contributing.
Another quarterly beat would hardly surprise investors after Nvidia repeatedly outpaced expectations during the AI infrastructure boom.
What could matter more is the speed of the next step up.
According to TipRanks, Arcuri expects Blackwell demand to remain steady while Rubin begins contributing ahead of a larger acceleration later in the year.
UBS has raised its calendar 2027 revenue forecast to $681 billion from $649 billion and lifted its GPU shipment estimate to about 10.8 million units from 9.2 million.
A quarter above $110 billion would therefore do more than mark another record.
It would suggest Nvidia can move between major architectures without the revenue pause investors sometimes fear during product transitions.
Bank of America sees a similar setup.
BofA analyst Vivek Arya expects Nvidia to report $94 billion to $95 billion of second-quarter revenue and guide to $107 billion to $108 billion for the third quarter.
He believes Vera Rubin shipments, new Vera CPU products and continued cloud spending could trigger a “multi-quarter upgrade cycle.”
The economics of the new systems could be equally important.
BofA estimates Vera Rubin NVL racks could cost roughly $7 million to $8.5 million, compared with around $4 million for Blackwell Ultra.
That higher system value could help Nvidia absorb rising memory costs while protecting profitability.
BofA expects long-term gross margins around 73% to 74%, even after accounting for higher memory costs.
That means Rubin does not need explosive unit growth alone to expand Nvidia’s revenue opportunity. Higher-value systems can also push sales higher.
Also read- Nvidia, Alphabet, Harvard disclose SpaceX stakes: here’s what they’re worth
The larger question is whether the AI spending machine supporting those forecasts remains credible.
Nvidia recently announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish independent compute-financing platforms designed to mobilise more than $500 billion of third-party capital for AI infrastructure.
Morgan Stanley analyst Joseph Moore said the structure “should arguably alleviate circularity concerns,” according to MarketWatch, because sophisticated outside investors would provide most of the capital.
Bank of America’s Arya called the arrangement a “structurally bullish setup,” arguing that it strengthens Nvidia’s CUDA ecosystem while shifting much of the financing burden away from Nvidia.
There is still a catch. Moore described Nvidia’s financial backstops for some neocloud and sovereign-AI customers as “the next big debate for the stock.”
That debate matters because Nvidia’s revenue forecasts ultimately depend on customers continuing to fund enormous infrastructure programmes and earning acceptable returns on them.
The August 26 report is therefore about more than whether Nvidia beats its $91 billion outlook.
