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SEATTLE--(BUSINESS WIRE)--F5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API, announced it will report its third quarter fiscal year 2026 financial results on Monday, July 27, 2026, following the market close. F5 will host a live webcast to discuss its results with investors and analysts beginning at 4:30 p.m. ET on July 27, 2026. The live webcast link can be accessed from the events & presentations page of the investor relations portion of f5.com. Inter. Live financial news intelligence
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2026-07-07 12:53
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F5 to Report Third Quarter Fiscal Year 2026 Financial Results | FMP Stock News | |
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2026-07-07 12:52
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2026-07-07 10:01
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FLUID: Fluid Lite USD: Fixed-Rate Stablecoin YieldEarn a minimum 6% fixed APR on your stablecoins with the simplest savings vault in DeFi. Cross-chain, automated, and built on infrastructure trusted with billions. #Protocol #GeneralFluid | CoinGecko News | |
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Earn on USDThe most proven yield engine in DeFi now comes to stablecoinsFor four years, the Fluid Lite ETH Vault has been the biggest and most popular yield strategy on Ethereum, growing to roughly $2B in assets under management. That infrastructure has kept working through every market cycle.Now we're bringing the infrastructure to stablecoins. Fluid Lite USD delivers a fixed APR, cross-chain support, and the simplest user experience in DeFi. Just deposit. Earn. That's it. What is Fluid Lite USD?Fluid Lite USD is an automated vault that pays a fixed rate with a minimum 6% APR on stablecoin deposits. The rate can go higher, and historically it's typically ranged between 8% and 10%. The 6% is the floor. Unlike variable-rate DeFi products where your returns swing with market volatility, Fluid Lite USD uses a governance-set fixed rate, so your yield stays predictable, every single day. No sudden drops. No chasing rates. Just stable, dependable earnings. That makes Fluid Lite USD an ideal savings product for individual users, wallets, fintechs, and institutional distributors looking for reliable stable-yield infrastructure. How it worksThe design is intentionally simple: Deposit stablecoins into the vault Earn a minimum 6% fixed APR Withdraw anytime, with just a 0.05% withdrawal fee and no deposit fees Because the rate is fixed rather than floating, your APR doesn't move when markets get volatile. The vault handles the strategy automatically. You don't need to manage positions, rebalance, or monitor anything. Cross-chain by designFluid Lite USD is live on Ethereum, with cross-chain yield strategies spanning Arbitrum, Plasma, and Ethereum. That means the vault can source yield across multiple networks while keeping the user experience unified and simple. The yield-bearing stablecoins behind the vaultFluid Lite USD initially supports three institutional-grade, yield-bearing stablecoins: sUSDe — EthenaUSDe is a synthetic dollar backed by delta-hedged positions, making it one of the highest-yielding stablecoin-adjacent assets in DeFi. Its staked version, sUSDe, passes that yield through to holders. syrupUSDC & syrupUSDT — Maple FinanceMaple Finance is an institutional-grade, onchain asset manager offering secured lending and yield products. Its syrup tokens bridge traditional finance with DeFi, bringing institutional credit strategies on-chain. sUSDai — USDaisUSDai is a synthetic dollar designed to finance the physical infrastructure of AI, connecting real-world capital needs with on-chain yield. By combining these assets under one automated, fixed-rate vault, Fluid Lite USD gives depositors diversified exposure to some of DeFi's most established yield sources without the complexity of managing each one directly. Why fixed-rate mattersMost DeFi yield products advertise high APRs that evaporate the moment conditions change. Fixed-rate yield flips that model. With a governance-set rate, you know what you're earning before you deposit. That's exactly what wallets, fintechs, and institutions need to build dependable savings products on top of. Vault details at a glanceMinimum 6% fixed APR (governance-set) 0.05% withdrawal fee No deposit fees Fully automated Live on Ethereum, with cross-chain strategies across Arbitrum, Plasma, and Ethereum Start earning todayFluid Lite USD brings four years of proven yield infrastructure to the stablecoins you already hold, with a fixed rate, cross-chain reach, and a deposit-and-earn experience that stays out of your way. Deposit stablecoins. Earn a minimum 6% fixed rate. That's it. Start now → |
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2026-07-07 12:52
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Pound Sterling Price News and Forecast: GBP/USD stability above 20-day EMA backs further upside | FMP Forex News | |
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The British Pound (GBP) ticks lower to near 1.3380 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair edges down as the US Dollar gains slightly; however, the Cable is broadly upbeat.At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% higher to near 100.90. The US Dollar is expected to trade cautiously as investors await the Federal Open Market Committee (FOMC) minutes of the June policy meeting, which will be released on Wednesday. Investors will closely read FOMC minutes to get fresh cues regarding the Federal Reserve’s (Fed) monetary policy outlook. Read more... GBP/USD outlook: Recovery faces strong headwinds on approach to key 1.3400 resistance zoneCable moves within a narrow-range sideways mode for the second consecutive day, after 1% advance last week that completed reversal pattern on weekly chart (after the downleg from 1.3869 was contained by ascending trendline, drawn off 1.0348, 2022 low) and generated positive signal on close above weekly Ichimoku cloud top (1.3335). On the other side, the picture on daily chart is not that optimistic (14-d momentum remains in negative territory and turns south, stochastic is emerging from overbought territory) as long upper shadows on last two daily candles point to strong headwinds from very significant 1.3400 resistance zone (consisting of converged 200/100/55DMAs / 50% retracement of 1.3653/1.3140 / daily cloud base). Read more... |
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2026-07-07 12:52
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2026-07-07 07:23
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Credo Technology Group vs. Marvell Technology: Which Technology Stock Is a Better Buy in 2026? | FMP Stock News | |
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As high-speed data centers expand to meet the demands of artificial intelligence, choosing between Credo Technology Group (CRDO +9.76%) and Marvell Technology (MRVL +1.81%) has become a critical decision for many tech-focused investors.Credo focuses on specialized interconnect solutions that speed up data transfer, while Marvell offers a broader portfolio of networking and storage chips. While both benefit from the same infrastructure trends, they differ significantly in scale and growth profiles, making a side-by-side comparison essential for anyone looking to optimize their portfolio. Credo Technology Group provides high-speed connectivity solutions that help modern data centers manage massive amounts of information efficiently. The company primarily serves hyperscale cloud providers within the semiconductor stocks landscape, relying on TSMC and BizLink for high-volume production. Because its top ten customers account for roughly 90% of revenue, and two customers each provide over 10%, this concentration adds a significant layer of risk to its business model. In FY 2026, the company reported revenue of approximately $1.3 billion, representing an impressive 205.7% increase compared to the prior fiscal year. This rapid expansion was accompanied by a net income of nearly $472.3 million, which demonstrates a substantial improvement in profitability. This performance highlights a significant shift from the net losses recorded just two years ago, signaling a new phase of financial maturity for the firm. According to its May 2026 balance sheet, the company maintains a debt-to-equity ratio of 0.0x, meaning it carries no total debt compared to its shareholder equity. Its current ratio, which measures the ability to cover short-term liabilities with current assets, stands at a robust 10.2x. Free cash flow, which is cash from operations minus capital expenditures, reached roughly $407.0 million, though stock-based compensation accounted for nearly 39.3% of operating cash flow and inflated reported cash generation. The case for Marvell TechnologyMarvell Technology produces essential semiconductor solutions for data infrastructure, including high-performance networking, accelerated computing, and storage systems. The company recently expanded its partnership with Amazon to support the sales of Trainium AI chips while divesting its automotive ethernet business to Infineon. Since one distributor accounts for approximately 37% of revenue and a single direct customer provides 14%, Marvell faces significant concentration risks that could impact its long-term stability. For FY 2026, the company generated revenue of approximately $8.2 billion, which reflects growth of about 42.1% compared to the prior fiscal period. This growth helped the company achieve a net income of nearly $2.7 billion, marking a powerful turnaround for the business. This result represents a significant recovery from the substantial net losses reported in both FY 2024 and FY 2025, suggesting that recent investments in AI are paying off. As of its January 2026 balance sheet, the debt-to-equity ratio was approximately 0.3x, indicating that total debt is relatively low compared to the value of shareholder equity. The current ratio, which compares short-term assets to current liabilities, is approximately 2.0x. Free cash flow, defined as cash from operations minus capital expenditures, was nearly $1.4 billion, though stock-based compensation represented roughly 33.8% of operating cash flow and inflated reported cash generation. Risk profile comparisonCredo faces significant risks due to its reliance on a very small group of customers for nearly 90% of its revenue. Its heavy dependence on manufacturing partners in Taiwan exposes the business to geopolitical instability, trade tensions, and potential supply chain disruptions. Additionally, the company competes in a crowded market against much larger incumbents like Broadcom, Marvell, and Astera Labs who possess greater financial and technical resources. Marvell similarly struggles with customer concentration, as one distributor accounts for approximately 37% of its total revenue. The company also faces challenges from evolving trade policies and export restrictions between the U.S. and China, which can limit sales in critical international markets. Furthermore, successfully integrating recent acquisitions like Celestial AI, XConn, and Polariton Technologies is critical to avoiding asset impairments or failure to realize planned synergies. Valuation comparisonWhile Marvell carries a lower P/S ratio, Credo appears more affordable based on its Forward P/E using future earnings estimates. MetricCredo Technology GroupMarvell TechnologySector BenchmarkForward P/E39.6x60.5x357.0xP/S ratio33.8x26.2xSector benchmark uses the SPDR XLK sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers. Which stock would I buy in 2026?Both of these companies are on fire right now, thanks to the explosive demand for high-speed connectivity inside AI data centers. And both are growing at a pace that would have seemed improbable just a few years ago. But my pick is Marvell Technology. Credo’s results have been impressive. Revenue has tripled in a single year, and its active electrical cable products are embedded in major AI infrastructure builds. Wall Street has been rapidly raising price targets. The momentum is there. But Credo's revenue is heavily concentrated among a small number of customers, which adds a layer of risk that investors shouldn't overlook. Marvell operates at a completely different scale. It just posted record revenue, guided for accelerating growth through the rest of the year, and recently secured a $2 billion strategic investment from Nvidia. It also joined the S&P 500 in June, which tends to broaden institutional ownership and stabilize a stock over time. When one company has Nvidia's backing and the other is still proving it can diversify its customer base, the choice becomes clearer. |
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2026-07-07 12:49
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2026-07-07 07:20
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EQIX DCF Analysis: Intrinsic Value $383 vs Price $999 | FMP Stock News | |
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On July 07, 2026, we take a closer look at the discounted cash flow (DCF) analysis for Equinix Inc (EQIX). The company has shown a price performance of -8.0% ov |
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2026-07-07 12:48
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2026-07-07 08:00
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Certara Accelerates Drug Discovery and Development with NVIDIA BioNeMo Agent Toolkit | FMP Stock News | |
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New capabilities unify Certara's biosimulation software, products, datasets, and scientific expertise with AI-driven agents to deliver specialized insights for life sciences July 07, 2026 08:00 ET | Source: CertaraRADNOR, Pa., July 07, 2026 (GLOBE NEWSWIRE) -- Certara, Inc. (Nasdaq: CERT), a global leader in model-informed drug development, is partnering with NVIDIA to advance Certara's open integrated AI platform, unifying its scientific software, regulatory expertise, and proprietary datasets with AI-first, agentic frameworks. The NVIDIA BioNeMo Agent Toolkit turns any AI agent into an autonomous life sciences scientist, providing access to NVIDIA’s full life science stack. Within Certara's platform, BioNeMo Agent Toolkit serves as one of several agentic frameworks available to clients, working alongside Certara's biosimulation models, regulatory expertise, and scientific teams to accelerate insight generation. “Agentic AI combined with Certara's world-class scientists, validated models, and data keeps the scientist in the loop while delivering the speed, scale, and reproducibility our clients need to generate integrated evidence for regulators,” said Jon Resnick, Chief Executive Officer. “Our collaboration with NVIDIA intends to bring frontier AI to life sciences responsibly, at scale, and with the scientific rigor the industry demands.” Specialized AI agents will reason over Certara's scientific models, data, and domain expertise to produce insights across the full development continuum — optimizing a dosing strategy with systems pharmacology models, interrogating a clinical dataset, simulating patient and trial scenarios, evaluating ADMET properties, assembling regulatory-ready evidence, and exploring early discovery hypotheses. Agentic AI augments biosimulation experts and scientific teams, delivering faster access to insights while keeping scientists at the center of decision-making. “We believe it will become increasingly possible to computationally simulate human biology in ways that will transform the discovery and development of new medicines,” said Chris Bouton, Chief Technology Officer, Chief AI Officer. “Our collaboration with NVIDIA and addition of the BioNeMo Agent Toolkit to the integrated platform helps accelerate that vision.” About Certara Certara transforms drug discovery and development for good, helping scientists and clinical teams generate regulatory-grade evidence faster. Its solutions combine biosimulation, clinical intelligence, and regulatory science, and are embedded in the workflows of drug developers worldwide. Certara clients include more than 2,600 biopharmaceutical companies, academic institutions, and global regulatory agencies. Learn more at certara.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding Certara’s integrated platform, the collaboration with NVIDIA, the integration of NVIDIA BioNeMo Agent Toolkit, and the anticipated benefits, capabilities, availability, and impact of these technologies. These statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Certara undertakes no obligation to update any forward-looking statement except as required by law. Investor Relations Contact: David Deuchler Gilmartin Group [email protected] Media Contact: Sheila Rocchio [email protected] |
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2026-07-07 12:47
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2026-07-07 07:19
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July Marks Another Rate Increase for Liquids Pipelines | FMP Stock News | |
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July 1 carries a particular significance for many liquids pipelines in the U.S. Each year on this date, these pipelines are able to adjust their rates using an index based on inflation. This July marks the first adjustment with a new five-year level for the index. Today’s note provides an overview of the Oil Pipeline Index and why it matters for midstream, especially in periods of inflation.Key Takeaways Liquids pipelines and other assets following FERC’s Oil Pipeline Index could increase rates by up to 1.43% on July 1. The increase for July 2026 was the smallest of the last five years. However, rising inflation could drive a more noticeable increase for July 2027. Whether based on the FERC index or another metric, long-term midstream contracts typically include an annual inflation adjustment. This and real asset exposure helps midstream/MLPs perform well in periods of inflation. What Is the Oil Pipeline Index? The Oil Pipeline Index is overseen by the Federal Energy Regulatory Commission (FERC). FERC is tasked with ensuring that interstate pipeline rates are just and reasonable for both oil and natural gas. Many pipelines that transport liquids (oil, natural gas liquids, refined products like gasoline and diesel) use the FERC’s index, which sets the ceiling for annual rate changes. As discussed more below, other assets use the FERC index as well. The index is based on the Producer Price Index for Finished Goods (PPI-FG) with an adjustment. The Oil Pipeline Index is reviewed every five years to ensure that: 1) it appropriately reflects changes in industry costs, and 2) rates remain just and reasonable. The industry-wide index was established in the 1990s to help avoid cumbersome cost-of-service filings and litigation for individual pipelines. In April, FERC announced that the index would be based on PPI-FG – 0.55% for the next five years beginning with July 1, 2026. For the midstream industry, this marked a better outcome than the initial index level of PPI-FG – 1.42% that was proposed back in November 2025. In short, annual rate adjustments will be based on inflation, modestly tracking below the change in PPI-FG. What Was the Rate Adjustment for 2026? How Does It Compare to Recent Years? The change in PPI-FG for 2025 is used in the formula to calculate the rate adjustment for 2026. For 2025, PPI-FG increased by 1.979%. Therefore, pipelines following the index were able to increase their rates by up to 1.429% on July 1 (1.979% – 0.55%). The chart below shows the annual rate changes as outlined by the FERC’s Oil Pipeline Index since 1995. Notably, 2023 saw a record-high adjustment of 14.3% reflecting soaring inflation in 2022. For 2024 and 2025, the adjustments were more modest at around 2%. The ceiling rate increase for July 2026 marks the lowest increase of the last five years. With inflation heating up again, there may be a more noticeable increase for July 2027. So What? Certainly, the pipeline index is important for the 195 FERC-regulated pipelines that rely on the index for ratemaking. However, the impact for midstream is broader. Many midstream assets outside of FERC’s jurisdiction incorporate the index into contracts to ensure their rates are adjusting with inflation. Intrastate pipelines (regulated by states), terminals, and storage facilities may rely on the index for annual rate adjustments. It is also worth noting that liquids pipelines do not have to follow the FERC index. Some liquids pipelines use market-based or negotiated rates, where the pipeline provider and customer essentially agree to a certain rate. ONEOK (OKE) said on their 1Q26 earnings call that 70% of the volume in their Refined Product and Crude segment used market-based rates, instead of the FERC index. Importantly, whether assets use the FERC index or not, long-term midstream contracts typically include an annual inflation adjustment. As just one example, Enterprise Products Partners (EPD) highlights that approximately 90% of its long-term contracts include escalation provisions to limit the impact of inflation on cash flows and distributions. In addition to real asset exposure, this factor also contributes to midstream/MLPs typically holding up well in periods of inflation. As shown below, MLPs represented by the Alerian MLP Infrastructure Index (AMZI) and broader midstream represented by the Alerian Midstream Energy Select Index (AMEI) tend to outperform in periods of elevated inflation. Specifically, AMZI outperformed the S&P 500 on a total-return basis in seven of the nine years since 2000 when inflation has exceeded 3%. AMEI has less history but outperformed the S&P 500 in five of the six years shown. Bottom Line: The FERC Oil Pipeline Index provides one relevant example of the inflation protection built into midstream cash flows. Annual inflation adjustments in contracts and the real asset exposure in the space have historically been supportive for midstream/MLP performance in periods of elevated inflation. Related Research: Real Assets May Be the Missing Piece in Portfolios 2026 EBITDA Guidance Reinforces Midstream Stability It’s July 1 & US Liquids Pipelines Are Raising Rates Looking for midstream insights in your inbox? Subscribe here to keep a pulse on midstream investing through our weekly updates. For more news, information, and analysis, visit the Energy Infrastructure Content Hub. AMZI is the underlying index for the Alerian MLP ETF (AMLP) and the ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB). AMEI is the underlying index for the Alerian Energy Infrastructure ETF (ENFR) and the Alerian Energy Infrastructure Portfolio (ALEFX). vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for AMLP, MLPB, ENFR, and ALEFX, for which it receives an index licensing fee. However, AMLP, MLPB, ENFR, and ALEFX are not issued, sponsored, endorsed or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing or trading of AMLP, MLPB, ENFR, and ALEFX. |
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2026-07-07 12:45
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2026-07-07 06:55
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AECOM selected as Lead Designer for the Alexandra Bridge Replacement Project | FMP Stock News | |
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DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, has been selected as the Lead Designer by Capital Crossing Constructors for the replacement of the Alexandra Bridge in Ottawa, a major infrastructure initiative connecting Ottawa, Ontario and Gatineau, Quebec. The project will replace the existing Alexandra Bridge with a modern crossing designed to support long-term mobility, connectivity, and accessibility for all users in the National Capital Region. “Our se. |
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2026-07-07 12:44
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2026-07-07 07:34
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Jim Cramer Praises 'Miracle Worker' CEO, Says This Consumer Cyclical Stock Is ‘Too Hard To Own' | FMP Stock News | |
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On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he likes Nextpower Inc. (NASDAQ:NXT) and its CEO.“I think I’ve lost the right to be able to say anything about that, because that’s Shugar’s company, Dan Shugar [CEO & founder of Nextpower], and we made money on it, but you know what, we left it way too soon,” Cramer said. “That man is a miracle worker.” According to recent news, Nextpower announced on June 22 a definitive agreement to acquire Zimmermann PV-Steel Group, a Germany-based solar technology provider. ‘It’s Down, It Bounces, It Goes Back Down’Chewy, Inc. (NYSE:CHWY) is “too hard to own,” Cramer said. “It’s down so much, but I have to tell you, every time I say it goes down too much, and then it bounces, it goes right back down.” On the earnings front, Chewy, on June 10, reported first-quarter results that topped Wall Street expectations on both earnings and revenue, but the online pet retailer lowered its fiscal 2026 sales outlook, citing a more cautious consumer spending environment. On July 2, Butterfly Network announced the commercial availability of its handheld ultrasound devices in Brazil through a network of authorized distribution partners. “You have a winner there,” Cramer said. “I think it can continue to go higher, barring communities saying no more data centers,” he added. Preformed Line Products reported first-quarter earnings of $2.14 per share on April 29, beating the analyst consensus estimate of $1.82 per share. The company reported quarterly sales of $176.278 million which missed the analyst consensus estimate of $178.000 million. Price Action Chewy shares gained 2.1% to settle at $21.29 on Monday. Butterfly Network shares gained 7.2% to close at $8.23. Nextpower shares rose 1.9% to settle at $115.03 on Monday. Preformed Line Products shares fell 0.3% to close at $367.78. Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-07-07 12:44
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Bear of the Day: Caesars Entertainment (CZR) | FMP Stock News | |
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Sometimes a stock looks cheap for a reason. Most of the time, the reason is macro trends affecting the industry the stock is in. No matter how nice it looks on paper, no matter how much value you perceive…it could get worse. Beware of those value traps. One way to avoid them is by leaning on the Zack Rank. Stocks in the bad graces of our Zacks Rank often have earnings estimates moving in the wrong direction.Today’s Bear of the Day is one of those names. It’s Zacks Rank #5 (Strong Sell) Caesars Entertainment ((CZR - Free Report) ). Caesars remains one of the biggest names in gaming, operating iconic Las Vegas resorts alongside a massive portfolio of regional casinos and a growing digital sportsbook business. But despite its recognizable brands, the investment story continues to be weighed down by one overwhelming issue, debt. The company carries approximately $11.9 billion in debt, and that's before factoring in billions more in long-term lease obligations tied to its casino real estate. Those financial commitments translate into roughly $2.3 billion in annual interest expense, making it difficult for Caesars to consistently generate meaningful profits even when business conditions are favorable. The result has been a string of disappointing bottom-line results. Caesars posted another loss in the first quarter of 2026, missing Wall Street earnings expectations as higher interest costs continued to eat away at operating performance. While revenue has remained relatively stable, growth has been sluggish, and adjusted EBITDA has largely stalled despite continued consumer spending. That's a problem because gaming is an inherently cyclical business. Las Vegas visitation fluctuates with the economy, regional casinos depend heavily on discretionary consumer spending, and digital sports betting remains an intensely competitive market with high customer acquisition costs and evolving regulatory hurdles. If the economy slows, consumers typically cut back on vacations, casino visits, and entertainment spending long before reducing essential purchases. The stock has missed earnings expectations for six consecutive quarters, helping to prompt analysts all over Wall Street to cut their estimates. The Leisure and Recreational Services industry ranks in the Bottom 16% of our Zacks Industry Rank. There are a few stocks within this industry that are in the good graces of our Rank. These include Zacks Rank #1 (Strong Buy) The Marcus ((MCS - Free Report) ) and Zacks Rank #2 (Buy) Pursuit Attractions and Hospitality ((PRSU - Free Report) ). |
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2026-07-07 12:41
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2026-07-07 08:00
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SoFi Expands ETF Lineup with the Social 50 Income ETF (SFYI), Seeking Income and Pursuing Growth | FMP Stock News | |
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The Social 50 Income ETF combines exposure to stocks widely held in SoFi member-driven accounts, with an active options strategy that seeks monthly income and long-term growthSAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, today announced the availability of a new exchange-traded fund (ETF), the SoFi Social 50 Income ETF (NYSE Arca: SFYI). SFYI invests in the top 50 U.S.-listed stocks held by SoFi Invest self-directed brokerage accounts and adds an actively managed options strategy designed to pursue monthly income distributions and growth potential. Many investors use options strategies, like covered calls, as part of an income-oriented investment approach. But putting those strategies into practice can require a significant upfront investment, ongoing risk management, and time to execute. SFYI offers a simpler way to access potential income by combining a professionally managed options strategy with a diversified portfolio of stocks held in SoFi Invest self-directed brokerage accounts. Through a single ETF, investors can gain exposure to an options-based income strategy without having to build and manage covered call positions on their own. “Income-seeking investors are being challenged to rethink their traditional playbook amid an uncertain interest rate environment and economic volatility – but they may not know where to start,” said Brian Walsh, Head of Advice and Planning at SoFi. “With SFYI, we are providing investors with another way to pursue their objectives. By combining the most-widely held stocks by members of the SoFi Active Invest community with a strategy that seeks monthly income and potential growth, SFYI helps simplify options-based strategies by offering exposure through a single ETF.” SFYI offers a simpler path to options-based income with strategies such as covered calls and call spreads. By embedding these tools directly into the fund, investors receive: Lower Capital Barriers: Covered call strategies typically require owning at least 100 shares of a stock. SFYI provides access to an options-based income strategy through a single ETF. Active Management: The fund is actively managed by professional portfolio managers, removing the need for investors to manually execute and manage options trades. Convenient ETF Structure: SFYI provides an efficient way for investors to access complex options strategies rather than executing them independently. Greater Diversification: Rather than concentrating on a single company stock, the fund's options strategy is applied across a broad portfolio of some of the most widely-held stocks, offering a more diversified approach to income investing. SFYI builds upon SoFi’s existing ETF, the SoFi Social 50 ETF (NYSE Arca: SFYF), which invests in the top 50 stocks most widely held by members of the SoFi Active Invest community, and adds an income-generating options strategy. Current holdings for SFYF, though subject to change, include names such as Tesla, NVIDIA, and Amazon. Stocks are rebalanced monthly and weighted according to how much money members have invested in each company at the end of every month. SFYI is a series of Tidal Trust I. Tidal Investments LLC, a Tidal Financial Group company, is the Investment Adviser to SFYI with a gross expense ratio of 0.73%. SoFi serves as brand sponsor and marketing support provider, but does not make investment decisions, provide investment advice, or otherwise act as investment adviser. SFYI is listed on NYSE Arca and can be purchased through SoFi Invest and other brokerage platforms like other ETFs available in the secondary market. In addition to SFYI and SFYF, other SoFi-sponsored ETFs are advised by Tidal Investments LLC: SoFi Agentic AI ETF (AGIQ) – invests in U.S. companies driving the next wave of artificial intelligence SoFi Select 500 (SFY) – composed of the 500 largest publicly traded U.S. companies, weighted using a proprietary growth factor SoFi Enhanced Yield ETF (THTA) – combines U.S. Treasuries and options-trading to pursue monthly income For more information on SFYI, please visit: sofi.com/invest/etfs/sfyi/. About SoFi SoFi Technologies (NASDAQ: SOFI) is the everything app for digital financial services on a mission to help people achieve financial independence to realize their ambitions. 14.7 million members trust SoFi to borrow, save, spend, invest, and protect their money and buy, sell and hold their crypto – all in one app – and get access to financial planners, exclusive experiences, and a thriving community. Fintechs, financial institutions, and brands use SoFi’s technology platform Galileo to build and manage innovative financial solutions across 133 million global accounts. For more information, visit www.sofi.com or download our iOS and Android apps. About Tidal Tidal Investments LLC, a Tidal Financial Group company, serves as investment adviser to the Fund. Disclosures Investing involves risk, including possible loss of principal. SFYI’s investment objective, strategy, distribution target, and references to monthly income, long-term capital appreciation, growth potential, or options-based income are not guarantees of future results. There is no guarantee that SFYI will achieve its investment objective or make distributions in any given month. Distributions, if any, may vary and may include return of capital. Options strategies involve risks different from ordinary portfolio securities transactions and may limit gains or result in losses. Review the Characteristics and Risks of Standardized Options. SoFi Invest is a trade name used by SoFi Wealth LLC and SoFi Securities LLC when offering investment products and services. Robo investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser. Brokerage and self-directed investing products offered through SoFi Securities LLC, Member FINRA/SIPC. Neither SoFi Securities LLC nor SoFi Wealth LLC are the issuer, investment adviser, distributor, or underwriter of SFYI and do not sponsor SFYI in their broker-dealer or investment adviser capacities, respectively. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy shares of SFYI or any other security through SoFi Securities LLC or any other broker-dealer. For disclosures on SoFi Invest platforms visit SoFi.com/legal. For a full listing of the fees associated with SoFi Invest please view our fee schedule. Before investing in Exchange Traded Funds (ETFs), always read the fund's prospectus. It contains important information about the fund’s objectives, risks, and fees. You can get a prospectus from the fund company’s website or by emailing our customer service at [email protected]. Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. NAV Decline Risk Due to Distributions. When the Fund makes a distribution, the Fund’s NAV will typically drop by the amount of the distribution on the related ex-dividend date. Concentration Risk. The Fund’s investments will be concentrated in an industry or group of industries to the extent SFYF is so concentrated. High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions. Non-Diversification Risk. The Fund is classified as “non-diversified,” which means the Fund may invest a larger percentage of its assets in the securities of a smaller number of issuers than a diversified fund. If you purchase investment funds, including Exchange Traded Funds (ETFs), through SoFi Invest, either on your own or with automated investing, the funds have their own management fees. These fees are paid by the fund itself, not directly by you and can reduce the fund's returns. More detailed information about a fund's fees can be found in its prospectus. SoFi Invest does not receive sales commissions or other fees from the ETFs it invests in on your behalf, but could earn management fees if SoFi Invest creates its own fund(s). SoFi may waive or change its fees at any time. The most current fee schedule is available in your Account Documents within the SoFi app or online account. Distributed by Foreside Fund Services, LLC. Foreside is not affiliated with SoFi or Tidal. Availability of Other Information About SoFi Investors and others should note that we communicate with our investors and the public using our website (https://www.sofi.com), the investor relations website (https://investors.sofi.com), and on social media (X and LinkedIn), including but not limited to investor presentations and investor fact sheets, Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information that SoFi posts on these channels and websites could be deemed to be material information. As a result, SoFi encourages investors, the media, and others interested in SoFi to review the information that is posted on these channels, including the investor relations website, on a regular basis. This list of channels may be updated from time to time on SoFi’s investor relations website and may include additional social media channels. The contents of SoFi’s website or these channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. ©2026 SoFi Technologies, Inc. All rights reserved. SOFI-F |
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Equifax Announces Definitive Agreement to Acquire Círculo de Crédito in Mexico | FMP Stock News | |
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Strategic Acquisition of Fastest-Growing Credit Bureau in Mexico Expands Equifax International Presence; Aligned with Equifax Strategy to Invest in Bolt-On Acquisitions: Offers Círculo de Crédito Customers Access to Cloud-Native Capabilities and Patented EFX.AI Technology to Accelerate Customer Growth and Financial InclusionInvestor Call and Webcast to be Held on July 7 at 8:30 a.m. Eastern Time , /PRNewswire/ -- Equifax® (NYSE: EFX) has signed a definitive agreement to acquire Círculo de Crédito, a leading credit information services company and the fastest-growing credit bureau in Mexico, for an enterprise value of $750 million1. This acquisition would expand Equifax into the fast-growth Mexico market, the second-largest economy in Latin America, and offer Círculo de Crédito customers access to industry-leading Equifax cloud-native capabilities, patented EFX.AI technology, and award-winning identity protection and fraud prevention offerings for the development of solutions designed to help customers grow and expand financial inclusion. Círculo de Crédito has delivered very strong financial results with revenue for the 12 months ended June 30, 2026 estimated at $134 million, up 31%, with $62 million of Adjusted EBITDA2. Círculo de Crédito is expected to continue to deliver strong high double-digit revenue growth in 2026, and is expected to be accretive to Equifax Adjusted EPS in the first full year of ownership. An investor call and webcast on the agreement will be held on July 7 at 8:30 a.m. Eastern Time (ET). "The acquisition of Círculo de Crédito will expand Equifax's presence in the fast-growing Mexico market and marks an energizing new global chapter for both companies. The acquisition is aligned with our strategy to reinvest our strong free cash flow in accretive and strategic acquisitions to strengthen Equifax. Círculo de Crédito will be our 17th bolt-on acquisition in the past six years, totaling nearly $5 billion. Our strong performance and balance sheet allow Equifax to reinvest in growth, return cash to shareholders and acquire accretive and strategic acquisitions," said Mark W. Begor, CEO of Equifax. "Mexico is one of the fastest-growing credit markets globally. More than 25% of the Mexican population is without access to formal financial products, and nearly 44% of the population does not have a bank account.3 Equifax and Círculo de Crédito have a shared commitment to helping more consumers live their financial best, and together we will continue to offer deeper alternative data and unique insights that can help our customers deliver unique solutions to expand their consumer credit offerings." Círculo de Crédito is the only Mexican credit bureau currently operating both consumer and commercial credit bureau services – with more than 1,700 bank, retail, fintech, small business lending, micro-finance, and telecommunications customers; and 2 billion tradelines covering 80 million validated identities. The company is a leader in alternative data, or information not included in traditional credit reports, including gig-economy transactions and utility and telecommunications payment history. This alternative data can responsibly expand access to credit and support a more inclusive economy, critical in a country where more than 33 million people4 are engaged in "informal" employment such as unregistered microbusinesses or gig employment. "We are energized to join the Equifax team and have access to their industry-leading cloud-native technology, platforms, and products to help our customers grow and expand our position in Mexico. Consumer credit growth in Mexico is driven by inclusion and digitization, and Círculo de Crédito has been a first-mover in the market with the market's broadest data set and innovative solutions. We provide strategic data, decision-making, and digital solutions that empower lenders to deliver innovative financial services products across Mexico and expand access to credit for Mexican citizens," said Juan Manuel Ruiz Palmieri, CEO of Círculo de Crédito. "We are excited to integrate cloud-native Equifax data, analytics, and global solutions to help our customers grow." Under the terms of the agreement, Equifax will acquire 100% of Círculo de Crédito equity from its existing shareholders, including: Banca Afirme, S.A. Institución de Banca Múltiple Afirme Grupo Financiero; Coppel, S.A. de C.V.; Grupo Elektra, S.A.B. de C.V.; and a group of private investors. Upon completion of the acquisition, Juan Manuel Ruiz Palmieri and the Círculo de Crédito team will continue to lead the company, which will join the Equifax International business team. The transaction is subject to customary closing conditions and regulatory review and approval, and is expected to close in the fourth quarter of 2026. Conference Call and Audio Webcast Equifax will host a conference call at 8:30 a.m. ET on July 7 in which senior management will discuss the Círculo de Crédito acquisition. Related presentation materials will be published on investor.equifax.com on July 7 at 6:30 a.m. ET. Investor Conference Call: US/Canada: 877-559-1190 /+1 201-389-0916 International: Click here for participant International Toll-Free access numbers Please dial the appropriate number 5-10 minutes prior to the call to complete registration. Name and affiliation/company are required to join the call. Webcast: To view the webcast and slide presentation, please click the link and enter your information to be connected. The link becomes active 15 minutes prior to the scheduled start time. Webcast link NOTES TO EDITORS 1. Purchase price of $825 million. Enterprise value of $750 million reflects purchase price net of estimated $75 million cash at closing with zero debt balance 2. Financials were converted from Mexican Peso to USD at an exchange rate of 17.37 USD/MXN. Estimated Last twelve months financial results through June 30, 2026 based on information provided by Círculo de Crédito 3. Source: ENCUESTA NACIONAL DE INCLUSIÓN FINANCIERA (ENIF) 2024 4. Source: ENCUESTA NACIONAL DE OCUPACIÓN Y EMPLEO (ENOE) INDICADORES DE OCUPACIÓN Y EMPLEO, June 25, 2026 FORWARD-LOOKING STATEMENTS This release contains forward-looking statements and forward-looking information. All statements that address future operating performance and events or developments that we expect or anticipate will occur in the future, including statements relating to our future financial and operating results, our strategy, our ability to successfully consummate the proposed transaction, the expected financial and operational benefits, synergies and growth from the proposed transaction, our ability to integrate Círculo de Crédito and its products, services, technologies, IT systems and personnel into our operations, and similar statements about our outlook and our business plans are forward-looking statements. We believe these forward-looking statements are reasonable as and when made. However, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described in our 2025 Form 10-K and subsequent SEC filings. As a result of such risks and uncertainties, we urge you not to place undue reliance on any forward-looking statements. Forward-looking statements speak only as of the date when made. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. ABOUT EQUIFAX INC. At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com. FOR MORE INFORMATION: Alexandra Packey for Equifax [email protected] SOURCE Equifax Inc. |
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2026-07-07 06:45
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Jacobs to deliver engineering design for military installations across the US national capital region | FMP Stock News | |
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DALLAS--(BUSINESS WIRE)--Jacobs to deliver engineering design, planning, modernization for military installations across the US national capital region. |
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2026-07-07 06:21
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Sterling Infrastructure: Great Business, Less Attractive Stock Today (Rating Downgrade) | FMP Stock News | |
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Sterling Infrastructure remains fundamentally strong, driven by AI data center build-outs and robust backlog growth, but valuation is now stretched. STRL delivered record Q1 revenue of $825.7M (+92% YoY), with adjusted EPS up 120% YoY, prompting a 50%+ post-earnings rally. FY2026 guidance was raised to $3.70–3.80B in sales and $18.40–19.05 adjusted EPS, with backlog visibility supporting continued growth. |
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2026-07-07 12:38
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Green Brick Partners, Inc. Announces Dates For 8-K Filing and Earnings Call | FMP Stock News | |
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PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”), the third largest homebuilder in Dallas-Fort Worth, announced that it will release its financial results for the second quarter ended June 30, 2026, after the market closes on July 29, 2026. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Thursday, July 30, 2026. The call will be webcast on the Company's website Inve. |
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2026-07-07 12:37
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2026-07-07 07:35
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Gold stalls recovery as Fed uncertainty keeps buyers cautious | FMP Forex News | |
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Gold (XAU/USD) stalls its recovery and trades on the back foot for a second consecutive day as a steady US Dollar (USD) and doubts over the Federal Reserve's (Fed) interest rate path keep the upside in check.At the time of writing, XAU/USD is trading around $4,130 during the European trading session on Tuesday. While the weaker-than-expected June US Nonfarm Payrolls (NFP) report eased near-term Fed rate hike fears and triggered a relief rally in the non-yielding metal from below the $4,000 mark last week, it did little to change the broader hawkish Fed narrative. Fed Governor Christopher Waller said on Monday that the central bank remains committed to its 2% inflation target, calling it "a credible pledge." According to the CME FedWatch Tool, traders are pricing in a 75% probability that the US central bank will leave borrowing costs unchanged at this month's meeting. Meanwhile, the odds of a September rate hike stand at 58%, down from 68% a week ago. Hawkish Fed expectations, elevated US Treasury yields and lingering uncertainty over a broader US-Iran peace agreement continue to support the US Dollar (USD), limiting Gold's upside. The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, is trading around 100.95. Iran's Islamic Revolutionary Guard Corps (IRGC) reportedly attacked a commercial vessel near the Strait of Hormuz on Monday. Meanwhile, Iranian Foreign Minister Abbas Araghchi said negotiations on a final agreement would not begin while threats persist, after US President Donald Trump warned that Washington would either reach a deal with Tehran or "finish the job." Traders now turn their attention to the Federal Open Market Committee (FOMC) meeting minutes, due on Wednesday, for fresh clues on the monetary policy path in the coming months, which could influence Gold prices. Meanwhile, the latest CFTC Commitments of Traders (COT) report showed speculative traders increased their bullish bets on Gold in the week ended June 30, with non-commercial net long positions rising to 194K contracts from 181.3K a week earlier. Technical analysis: XAU/USD rebound loses steam below $4,200 On the daily chart, XAU/USD maintains a bearish bias as it holds below both the 200-day Simple Moving Average (SMA) at $4,489 and the 100-day SMA at $4,619. Momentum is subdued, with the Relative Strength Index (RSI) hovering near 44, while the Average Directional Index (ADX) around 38 hints at a still-established but not explosive downtrend. On the topside, initial resistance is seen at $4,200, ahead of the 200-day SMA at $4,489, with the longer-term bearish threshold reinforced by the 100-day SMA at $4,619. On the downside, the first meaningful support aligns with the horizontal level at $3,950, where a break would likely extend the current corrective phase toward lower psychological floors. (The technical analysis of this story was written with the help of an AI tool. Know more.) Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government. Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves. Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal. The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up. |
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Armstrong World Industries Schedules Second-Quarter 2026 Earnings Release and Conference Call | FMP Stock News | |
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LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries, Inc. (NYSE:AWI), an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, will release its second-quarter 2026 results before the market opens on Tuesday, July 28 and host a conference call to discuss these results at 10:00 a.m. ET. A live webcast of the conference call and the accompanying presentation will be avail. |
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2026-07-07 12:37
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Broadridge's Distributed Ledger Repo Processes $7.5 Trillion in June | FMP Stock News | |
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June 2026 ADV reaches $357 billion;DLR market data now available to Bloomberg Terminal subscribers , /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), global Fintech leader, today announced that its Distributed Ledger Repo (DLR) processed an average of $357 billion in daily repo transactions during June, with volumes totaling $7.5 trillion. The daily average is a 68% increase year-over-year, reflecting the continued evolution of tokenized market infrastructure and the expanding role of distributed ledger technology in modernizing funding and collateral markets. "With DLR, we're seeing tokenized finance move into a new phase of maturity," said Horacio Barakat, Global Head of Digital Innovation at Broadridge. "Institutions are moving beyond evaluating distributed ledger technology. They're incorporating it into their day-to-day market activity. That shift reflects growing confidence that tokenized settlement can support the scale, resiliency and performance required by today's capital markets." DLR enables firms to settle repo transactions using distributed ledger technology while operating within existing trading and post-trade workflows. By facilitating the efficient movement of tokenized securities, the platform helps firms improve capital utilization, increase funding flexibility and streamline collateral management while integrating seamlessly into established market infrastructure. Building on DLR's continued growth, Broadridge is now making aggregated market data from DLR available to Bloomberg Terminal subscribers through a collaboration with Kaiko. The offering provides access to DLR repo par value, turnover and trade count alongside existing fixed income data, giving subscribers greater visibility into institutional onchain repo activity through one of the financial industry's most widely used market data platforms. DLR is a cornerstone of Broadridge's broader tokenization strategy, supporting the issuance, trading, financing, settlement and servicing of tokenized securities across multiple asset classes. As part of its recently announced integrated infrastructure for tokenized securities, Broadridge continues to expand DLR's capabilities while helping financial institutions operate seamlessly across traditional and tokenized markets. To learn more about DLR, the world's largest institutional platform for settling tokenized real assets, visit Broadridge's DLR. About Broadridge's Tokenization Solutions Broadridge enables on-chain proxy voting and governance, digital asset infrastructure including post trade, wallets and custody, and the scaling of digital asset capabilities across multiple asset classes. Through these innovations, Broadridge is helping financial institutions unlock the next era of digital assets investing. Broadridge's Distributed Ledger Repo (DLR) solution is the world's largest institutional platform for settling tokenized real assets, tokenizing $357 billion a day. As tokenization gains momentum across financial services, Broadridge is meeting the complexity of operating across traditional and digital ecosystems with established scale, critical market knowledge, and technological expertise. About Broadridge Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries. For more information about us, please visit www.broadridge.com Broadridge Contacts: Investors: [email protected] Media: [email protected] SOURCE Broadridge Financial Solutions, Inc. |
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2026-07-07 12:37
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Cornerstone First Mortgage Switches to nCino's Mortgage Point of Sale to Support Its Next Phase of Growth | FMP Stock News | |
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Fast-growing mortgage lender selects nCino to support dozens of branch brands across 49 states while enhancing the borrower experience July 07, 2026 07:30 ET | Source: nCino, Inc.WILMINGTON, N.C., July 07, 2026 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the platform for agentic AI banking, today announced that San Diego-based Cornerstone First Mortgage (Cornerstone) has switched to nCino's Mortgage Point of Sale to enhance the borrower experience and support its continued nationwide expansion. Cornerstone has doubled in size twice over the past three years and now operates in 49 states through a network of approximately 130 branches supporting dozens of local brands under the Cornerstone umbrella. The company sought a scalable mortgage point-of-sale platform capable of supporting its unique branch-based model while delivering a consistent borrower experience nationwide. The lender selected nCino's Mortgage Point of Sale for its flexibility, mobile capabilities and nCino’s commitment to customer partnership. "Your point-of-sale platform is the first representation of your company after that initial conversation with a borrower," said Eric Rotner, President of Operations at Cornerstone. "As we evaluated the next phase of growth for our business, we wanted a solution that could support our branch network, preserve the local brands our loan officers have built and provide a better experience for our borrowers. nCino's Mortgage Point of Sale stood out because of its flexibility, mobile capabilities and the team's commitment to helping us succeed." "Cornerstone has built an impressive growth story by empowering entrepreneurial branch leaders while maintaining a strong commitment to the borrower experience," said Casey Williams, General Manager at nCino. "We're proud to support their continued expansion and look forward to helping the organization drive even greater efficiency, consistency and customer satisfaction through nCino's Mortgage Point of Sale." Since switching to nCino, Cornerstone has significantly expanded its use of the platform to reduce borrower friction and simplify the loan process. Cornerstone is using nCino-connected verification tools to increase adoption of digital income, employment and asset verification and is also accelerating its adoption of eNotes and remote online notarization (RON). Together, these capabilities support Cornerstone’s broader goal of helping loan officers move borrowers through the mortgage process with greater speed, consistency and ease. Learn more about how nCino's Mortgage Point of Sale helps lenders enhance the borrower experience while supporting growth across distributed branch networks at https://www.ncino.com/mortgage/us/mortgage-pos. About Cornerstone First Mortgage Cornerstone First Mortgage is a full-service mortgage bank headquartered in San Diego. All aspects of the loan process, from processing to underwriting to funding, are conducted in-house. Drawing on more than 20 years of experience, President Sean Cahan is transforming the loan process for the contemporary homebuyer with a team of professionals dedicated to delivering excellent customer service, unmatched communication and transparent accessibility throughout the mortgage process. About nCino nCino (NASDAQ: NCNO) is the platform for agentic AI banking. With over 2,700 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted agentic platform purpose-built for financial services and regulated industries. By deploying AI agents alongside human teams, nCino's dual workforce enables institutions to eliminate inefficiencies, sharpen decision-making and deliver better outcomes for the customers they serve. For more information, visit www.ncino.com. Media Contact Riley Keyzer [email protected] Forward-Looking Statements: This press release contains forward-looking statements about nCino's financial and operating results, which include statements regarding nCino’s future performance, outlook, guidance, the benefits from the use of nCino’s solutions, our strategies, and general business conditions. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions and the negatives thereof. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, but not limited to risks associated with (i) adverse changes in the financial services industry, including as a result of customer consolidation or bank failures; (ii) adverse changes in economic, regulatory, or market conditions, including as a direct or indirect consequence of higher interest rates; (iii) risks associated with acquisitions we undertake, (iv) breaches in our security measures or unauthorized access to our customers’ or their clients' data; (v) the accuracy of management’s assumptions and estimates; (vi) our ability to attract new customers and succeed in having current customers expand their use of our solution, including in connection with our migration to an asset-based pricing model; (vii) competitive factors, including pricing pressures and migration to asset-based pricing, consolidation among competitors, entry of new competitors, the launch of new products and marketing initiatives by our competitors, and difficulty securing rights to access or integrate with third party products or data used by our customers; (viii) the rate of adoption of our newer solutions and the results of our efforts to sustain or expand the use and adoption of our more established solutions; (ix) fluctuation of our results of operations, which may make period-to-period comparisons less meaningful; (x) our ability to manage our growth effectively including expanding outside of the United States; (xi) adverse changes in our relationship with Salesforce; (xii) our ability to successfully acquire new companies and/or integrate acquisitions into our existing organization; (xiii) the loss of one or more customers, particularly any of our larger customers, or a reduction in the number of users our customers purchase access and use rights for; (xiv) system unavailability, system performance problems, or loss of data due to disruptions or other problems with our computing infrastructure or the infrastructure we rely on that is operated by third parties; (xv) our ability to maintain our corporate culture and attract and retain highly skilled employees; and (xvi) the outcome and impact of legal proceedings and related fees and expenses. |
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2026-07-07 12:36
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2026-07-07 07:00
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Why Archer Aviation Stock Plummeted Last Month But Is Gaining in July | FMP Stock News | |
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Archer Aviation (ACHR +7.73%) stock got hit with a huge pullback last month. The company's share price fell 30.5% over the period, according to data from S&P Global Market Intelligence. Meanwhile, the S&P 500 declined 1.1% in June, and the Nasdaq Composite fell 2.8%.While there was little in the way of fresh, business-specific news driving the pullback, the stock saw a massive valuation decline as investors moved out of speculative growth stocks. As of this writing, the stock is now down roughly 47% over the last year. Image source: Getty Images. Archer Aviation stock got crushed in June despite little news June was a slow news month for Archer Aviation, which makes the stock's huge valuation decline in the month somewhat surprising. On the other hand, there were some macroeconomic catalysts that explain the big pullback. For starters, investors broadly became more convinced that a move from the Federal Reserve to cut interest rates probably isn't coming any time soon -- and more concerned that the Fed could move to hike rates. The U.S. central banking authority uses rate increases to combat inflation, and accelerating inflation connected to rising energy prices due to the Iran war had investors worried last month that rate increases could arrive this year. That could be trouble for Archer stock. Even after big sell-offs, Archer Aviation has a market capitalization of roughly $4.1 billion. Meanwhile, the company is valued at approximately 430 times this year's expected sales. Highly growth-dependent stocks tend to perform much better in low-interest rate environments, and they can get hit with huge pullbacks when rates start to rise. Today's Change ( 7.73 %) $ 0.39 Current Price $ 5.37 Archer has regained some ground early in July Archer Aviation stock has seen bullish momentum early in July's trading, with the stock up more than 9% in the month as of this writing. Meanwhile, the S&P 500 is up 0.7%, and the Nasdaq Composite is up roughly 0.3%. In addition to bullish support for the broader market, Archer stock has climbed higher in conjunction with electric vertical take-off and landing (eVTOL) industry news. On June 30, Joby Aviation announced that it had entered a new joint venture with Toyota to advance manufacturing capabilities for eVTOL aircraft. While Joby is arguably Archer's biggest competitor, investors appear to view the new partnership as a positive indicator for the broader eVTOL industry. Archer has a similar partnership with Stellantis, and the team-up between Joby and Toyota seems to have investors feeling more bullish about auto manufacturers helping leading eVTOL players eventually reach profitability. |
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2026-07-07 12:36
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N-able Earns Comparably Recognition for HR and Marketing Teams | FMP Stock News | |
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BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global cybersecurity company delivering business resilience, today announced a series of workplace and people-focused awards.N-able earned two Comparably awards, Best HR Teams 2026 and Best Marketing Teams 2026, based on employee sentiment and leadership benchmarks. These recognitions reflect a culture grounded in strong leadership, transparency, and a shared commitment to ensuring employees feel valued, included, and empowered. As. |
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Nexstar Media Group to Report 2026 Second Quarter Financial Results, Host Conference Call and Webcast on August 6 | FMP Stock News | |
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-IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2026 second quarter financial results on Thursday, August 6, 2026. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial 1-877-407-9208 or 1-201-493-6784, conference ID 13761195 (domestic and international callers). Participants can also listen to a live webcast of the call through the “Events and Presentations” section under “Investor Relations” on Nexstar’s website at nexstar.tv. A webcast replay will be available for 90 days following the live event at nexstar.tv. Please call five minutes in advance to ensure that you are connected. Questions will be taken only from participants on the conference call. For the webcast, please allow 15 minutes to register, download and install any necessary software. About Nexstar Media Group: Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. For more information, please visit nexstar.tv. More News From Nexstar Media Group, Inc. Back to Newsroom |
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Manažerské obchody: V červnu byl aktivní management Coltu a Kofoly | FIO Stock News | |
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7.7.2026 14:23, BABKOFOL, BAACZGCEManažerské obchody se v červnu uskutečnily zejména v Coltu CZ, obchodovalo se ale také v Kofole. Informace o manažerských transakcích za červen, zdroj: ČNB Podrobnosti o manažerských transakcích jsou k dispozici v databázi ČNB zde. Zdroj: ČNB Michal Šnobl Fio banka, a.s. Prohlášení |
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USA: Obchodní bilance v květnu s deficitem 77,6 mld. USD při očekávání -78,7 mld. USD | FIO Stock News | |
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USA: Obchodní bilance v květnu s deficitem 77,6 mld. USD při očekávání -78,7 mld. USD |
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2026-07-07 07:30
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Cytokinetics Announces Three Late-Breaking Science Abstracts at the European Society of Cardiology (ESC) Congress 2026 | FMP Stock News | |
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Hot Line Presentation of Primary Results from ACACIA-HCM to Elaborate on Positive Topline Results in Patients with Non-Obstructive Hypertrophic CardiomyopathyCompany to Host In-Person and Virtual Investor Event to Discuss Results from Late-Breaking Science Presentations SOUTH SAN FRANCISCO, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK) today announced three Late Breaking Science abstracts were accepted for presentation at the European Society of Cardiology (ESC) Congress, taking place August 28-31 in Munich, Germany, including a Hot Line presentation of the primary results from ACACIA-HCM, the pivotal Phase 3 clinical trial of aficamten in patients with non-obstructive hypertrophic cardiomyopathy (HCM). Hot Line and Late-Breaking Science Presentations Title: ACACIA-HCM: Aficamten for Symptomatic Nonobstructive Hypertrophic Cardiomyopathy Presenter: Ahmad Masri, M.D., M.S., Associate Professor of Medicine, Director of the Hypertrophic Cardiomyopathy Center at Oregon Health & Science University Date: Friday, August 28, 2026 Session Title: Hot Line 1 Session Time: 11:00 AM – 12:15 PM CEST Presentation Time: 11:45 – 11:55 AM CEST Location: Munich, Main Auditorium (Hall B3) Title: Effect of Aficamten on Cardiac Structure and Function in Patients with Symptomatic Nonobstructive Hypertrophic Cardiomyopathy - Results from the ACACIA-HCM Trial Presenter: Sheila Hegde, M.D., MPH, Assistant Professor, University of Texas Southwestern Medical Center – Dallas, TX and Affiliate Faculty, Brigham and Women’s Hospital, Boston, MA Date: Saturday, August 29, 2026 Session Title: Late-Breaking Clinical Science: Hypertrophic Cardiomyopathy Session Time: 4:15 – 5:15 PM CEST Presentation Time: 4:15 – 4:30 PM CEST Location: Achgabat (Hall A3) Title: Aficamten vs. Metoprolol Monotherapy in Obstructive Hypertrophic Cardiomyopathy According to Pre-Trial Treatment in MAPLE-HCM Presenter: Fernando Dominguez, M.D., Ph.D., Consultant Cardiologist, Hospital Universitario Puerta De Hierro Majadahonda – Madrid, Spain Date: Saturday, August 29, 2026 Session Title: Late-Breaking Clinical Science: Hypertrophic Cardiomyopathy Session Time: 4:15 – 5:15 PM CEST Presentation Time: 4:30 – 4:45 PM CEST Location: Achgabat (Hall A3) Investor Event and Webcast Cytokinetics will host an in-person and virtual investor event onsite at ESC to discuss results from the Late-Breaking Science presentations at the Congress. Additional details including the date, time and registration information will be announced at a later date. About Cytokinetics Cytokinetics is a specialty cardiovascular biopharmaceutical company, building on its over 25 years of pioneering scientific innovations in muscle biology, and advancing a pipeline of potential new medicines for patients suffering from diseases of cardiac muscle dysfunction. Cytokinetics’ MYQORZO® (aficamten) is a cardiac myosin inhibitor approved in the U.S., Europe and China for the treatment of adults with symptomatic obstructive hypertrophic cardiomyopathy (oHCM). Following positive topline results in ACACIA-HCM, a Phase 3 clinical trial of aficamten in patients with non-obstructive HCM (nHCM), the company plans to discuss the results with the U.S. FDA and other regulatory authorities. Cytokinetics is also developing omecamtiv mecarbil, an investigational cardiac myosin activator for the potential treatment of patients with heart failure with severely reduced ejection fraction and ulacamten, an investigational cardiac myosin inhibitor for the potential treatment of heart failure with preserved ejection fraction, while continuing pre-clinical research and development in muscle biology. For additional information about Cytokinetics, visit www.cytokinetics.com and follow us on X, LinkedIn, Facebook and YouTube. Forward-Looking Statements This press release contains forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the “Act”). Cytokinetics disclaims any intent or obligation to update these forward-looking statements and claims the protection of the Act’s Safe Harbor for forward-looking statements. Examples of such statements include, but are not limited to, statements relating to the enrollment, expected results or timing of completion of any of our clinical trials, the clinical meaningfulness, persuasiveness or interpretation of clinical trial results, including for purposes of regulatory approval, labeling, or market acceptance, the results of long-term, secondary or exploratory analyses, including analyses of time to first cardiovascular event, statements relating to our ability to obtain regulatory approval for aficamten in nonobstructive hypertrophic cardiomyopathy in any jurisdiction by any particular date, if ever, the number of patients comprising the eligible treatment population for aficamten, or market acceptance of aficamten for the treatment of nonobstructive hypertrophic cardiomyopathy. Such statements are based on management’s current expectations, but actual results may differ materially due to various risks and uncertainties, including, but not limited to, potential difficulties or delays in the development, testing, regulatory approvals for trial commencement, progression or product sale or manufacturing of Cytokinetics’ drug candidates that could slow or prevent clinical development or product approval; Cytokinetics’ drug candidates may have adverse side effects or inadequate therapeutic efficacy; the FDA or foreign regulatory agencies may delay or limit Cytokinetics’ ability to conduct clinical trials; Cytokinetics may be unable to obtain or maintain patent or trade secret protection for its intellectual property; standards of care may change, rendering Cytokinetics’ drug candidates obsolete; and competitive products or alternative therapies may be developed by others for the treatment of indications Cytokinetics’ drug candidates and potential drug candidates may target. For further information regarding these and other risks related to Cytokinetics’ business, investors should consult Cytokinetics’ filings with the Securities and Exchange Commission including the risk factors included in Cytokinetics’ most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. CYTOKINETICS® and the CYTOKINETICS C-shaped logo are registered trademarks of Cytokinetics in the U.S. and certain other countries. MYQORZO® is a registered trademark of Cytokinetics in the U.S. and the European Union. Contact: Cytokinetics Diane Weiser Senior Vice President, Corporate Affairs (415) 290-7757 |
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2026-07-07 12:30
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2026-07-07 07:17
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Why Nu Stock Plunged 20% in the First Half of the Year | FMP Stock News | |
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Shares of Nu Holdings (NU +3.12%) stock dropped 20% in the first half of 2026, according to data provided by S&P Global Market Intelligence. There wasn't anything specific of note, but there has been a steady decline in confidence amid increasing competition, worries about the economy, and a rising valuation.Disrupting traditional banking in Brazil Nu operates an all-digital bank in its Brazil headquarters as well as in Mexico and Colombia. It has been an incredible success in Brazil, where more than 60% of the adult population has an account on its platform, and it's taking that playbook and expanding into its newer markets. Image source: Nu. The company continues to demonstrate robust growth in all of its markets. Since it's already so big in Brazil, the percentage growth in the market is slowing down, but it's still adding millions of new customers annually in what is the largest population in Latin America. Its younger markets are growing faster by rate. In total, it added four million customers in the 2026 first quarter for a total of 135 million. It now has 15 million customers in Mexico and is the third-largest financial institution in the country. In addition to adding new customers, its strategy is to grow through cross-selling and upselling. That still provides it a long growth runway even in Brazil, where it had primarily attracted a mass audience but is now going after the upper-income population. Average revenue per active customer (ARPAC) increased from $12 last year to $16 this year in the first quarter, and it's worth noting that the increase is inclusive of 16 million new customers over the trailing 12 months. Many growth levers to pull Nu has many levers to pull to generate continued growth. It's still capturing market share both in customer count and product adoption in Brazil, where it's already highly penetrated, and it's just getting started in its newer markets. It's getting a proper bank charter in Brazil and Mexico, which widens its market opportunity. It also received initial approval for a bank charter in the U.S., which could be its next growth market. It obtained naming rights for Miami's Inter CF Soccer stadium, and it's likely to target Latin American-adjacent communities in Southern states. At the current lower price, Nu stock trades at 22 times trailing 12-month earnings, just above a recent all-time low. Long-term investors with some appetite for risk can view this as an excellent opportunity to buy on the dip. Jennifer Saibil has positions in Nu Holdings. The Motley Fool has positions in and recommends Nu Holdings. The Motley Fool has a disclosure policy. |
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2026-07-07 12:29
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2026-07-07 07:38
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NATO picks Swedish Saab early-warning planes over US rival | FMP Stock News | |
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Item 1 of 5 A GlobalEye aircraft, manufactured by Saab Technologies, on static design during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike/File Photo[1/5]A GlobalEye aircraft, manufactured by Saab Technologies, on static design during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike/File Photo Purchase Licensing Rights, opens new tab SummaryCompaniesSaab valued the potential purchase at up to $4.5 billionSays could start deliveries in 2030 if a deal were signed soonPrice could range from roughly $400 million to $450 million per aircraftANKARA, July 7 (Reuters) - NATO announced a roughly $4.5 billion plan on Tuesday to buy up to 10 Saab (SAABb.ST), opens new tab GlobalEye surveillance planes to replace ageing AWACS early warning aircraft, backing a Swedish system over a rival solution from U.S. planemaker Boeing (BA.N), opens new tab. Secretary-General Mark Rutte said the replacement of Cold War-era Airborne Warning and Control System (AWACS) planes, best known for their rotating radomes, with a new system based on smaller business jets would tackle threats like drone swarms. The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here. "This will ensure we keep NATO's... surveillance and early warning capability strong and credible for decades to come," he said during an event at a NATO summit. With U.S. President Donald Trump repeatedly pressing allies to spend more on defence and buy more U.S. equipment, Rutte took pains to underline the international pedigree of the system which is mounted on top of Bombardier Global 6500 business jets. "Like its predecessor, GlobalEye is a transatlantic programme, delivered by European and Canadian industries with essential contributions from US industries. It is a real success story, again, made in NATO," he told delegates. Trump has repeatedly criticised European allies for relying on the U.S. for their security, while pressing them to buy more U.S. weapons. He has also threatened at times to quit NATO. GlobalEye competes with Boeing's E-7 Wedgetail, an early warning and command-and-control aircraft based on the 737 jetliner and designed to oversee and direct battle. NATO said GlobalEye was a mission-proven system but did not elaborate. Saab's shares rose near 4% on Tuesday, outperforming the European aerospace and defence index (.SXPARO), opens new tab that edged lower. POTENTIAL DELIVERIES FROM 2030Reuters reported on Thursday that NATO would replace its Boeing E-3 Sentry AWACS jets with Saab's Swedish GlobalEye. Technically, NATO is now entering into formal negotiations with Saab after making its provisional selection public. Saab CEO Micael Johansson valued the purchase at up to $4.5 billion and told reporters that the Swedish group would be able to start deliveries in 2030 if a deal were signed soon. He added that the final price had not been agreed but that it would be between roughly $400 million and $450 million per aircraft. The final number of aircraft had been unclear as planners debated whether to order a more expensive version capable of mid-air refuelling. A person familiar with the matter said the GlobalEyes would not initially have this capability but that it was expected to be added in a later update. The current AWACS fleet can be refuelled in flight, a capability that has proved valuable for missions near Ukraine. Reporting by Sabine Siebold, Additional reporting by Tim Hepher, Louise Rasmussen, Editing by Alexandra Hudson Our Standards: The Thomson Reuters Trust Principles., opens new tab |
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NATO Allies Buying as Many as 10 Saab GlobalEye: Rutte | FMP Stock News | |
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NATO Secretary General Mark Rutte says some allies are procuring up to 10 GlobalEye surveillance planes from Saab as the military alliance's new airborne warning and control system (AWACS), succeeding the Boeing E-3A. He speaks at the NATO Summit in Ankara, Turkey. |
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2026-07-07 12:27
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2026-07-07 08:16
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GBP/EUR Rises to 52-Week Highs And Here's Why the Pound Still Has More Headroom | FMP Forex News | |
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Summary:The GBP/EUR pair surged to a 52-week high of 1.171, gaining 1.3% over the month and over 2% year-to-date A restrictive 5.25% UK interest rate, sticky domestic service inflation, and political stability are driving the pound's strong outperformance Forecasts diverge on further gains, and investors should watch the BoE's July 30 decision and ECB's September meeting as key near-term catalysts. The GBP/EUR currency pair has reached a new 52-week high of 1.171. This follows a period of notable strengthening, with the pound increasing by 1.3% in the past month and by 0.3% over the last five trading days. Year-to-date, the pair has seen gains exceeding 2%. Observers of foreign exchange markets will recognize that such shifts rarely occur in isolation. A combination of policy divergences, economic data, and sentiment adjustments appears to be at work. The Interest Rate Story Still Matters Most Several factors are contributing to the sterling’s strength. Differences in monetary policy between the UK and the eurozone are a primary driver. The Bank of England recently maintained its Bank Rate at 3.75%, with a split vote indicating some members favored an increase. In contrast, the European Central Bank raised its deposit rate to 2.25% following an uptick in eurozone inflation. Despite the ECB’s tightening, the UK’s higher interest rates continue to provide support for the pound. Just a week before that, the European Central Bank had increased its deposit rate to 2.25%. This was their first increase since 2023. It happened after inflation in the eurozone jumped to 3.2% in May, largely due to an energy price surge caused by events in the Middle East. Even though the ECB is tightening its policy, the interest rate difference still gives the British pound a significant advantage, and this higher return continues to support the currency. At the same time, political factors have unexpectedly come into play. The market’s worries about the upcoming UK political leadership changes have really calmed down. Financial firms seem reassured by the clear promises from the main political candidates to stick to current government borrowing limits. This stable political outlook is a stark contrast to the local budget disputes and economic slowdowns that are quietly affecting the major economies in the eurozone. Key Risks to Watch The most important thing to look at next is the BoE’s decision on July 30th. Most people expect them to hold rates again, but if some members dissent and push for a hike like before, it could boost the pound even more. If the BoE keeps its firm stance during its upcoming policy review, the interest rate gap will definitely continue. Investors should also consider UK economic growth figures. A sharper-than-expected slowdown could weaken the currency’s advantage. For those with euro exposure, the current levels present an opportunity, but potential exists for a return to the year’s mid-range. Broader global economic indicators and changes in market sentiment may also indirectly affect these currency movements. It is advisable to monitor evolving economic data rather than assume a continuous upward trend. Broader global developments, including US economic data and shifts in risk sentiment, may also influence cross rates indirectly. Overall, participants would benefit from staying attuned to evolving indicators rather than assuming a unidirectional trend. What has driven GBP/EUR to 52-week highs? A persistent UK-Eurozone interest rate gap and fading UK political risk are combining to lift sterling. What should investors watch next? Key events to watch in the near term are the Bank of England’s July 30 decision and the ECB’s September meeting. How has the domestic British political landscape helped support institutional investor confidence in sterling this summer? A stable political outlook and commitments to fiscal responsibility have helped bolster confidence among institutional investors in the pound. |
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Bausch Health to Announce Second Quarter 2026 Results on July 29, 2026 | FMP Stock News | |
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, /PRNewswire/ -- Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) will release second quarter 2026 financial results after market close on Wednesday, July 29, 2026. Bausch Health will host a live conference call and webcast at 5:00 p.m. U.S. EDT to discuss results and provide a business update. All materials will be made available on the Investor Relations section of the Bausch Health website prior to the start of the call.Conference Call Details Date: Wednesday, July 29, 2026 Time: 5:00 p.m. U.S. EDT Webcast: http://ir.bauschhealth.com/events-and-presentations A replay of the conference call will be available on the Investor Relations website. About Bausch Health Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) is a global diversified pharmaceutical company enriching lives through our relentless drive to deliver better health care outcomes. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neuroscience, dermatology, dentistry, aesthetics, international pharmaceuticals and eye health, through our controlling interest in Bausch + Lomb. Our ambition is to be a globally integrated healthcare company, trusted and valued by patients, HCPs, employees and investors. For more information, visit www.bauschhealth.com and connect with us on LinkedIn. Investor Contact: Media Contact: Garen Sarafian Katie Savastano [email protected] [email protected] (877) 281-6642 (toll-free) (908) 541-3785 BHC-FINANCIAL SOURCE Bausch Health Companies Inc. |
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2026-07-07 12:24
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2026-07-07 06:15
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Could Roivant Sciences Be a Multibagger Stock Over the Next 5 Years? | FMP Stock News | |
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The pharmaceutical industry is massive, worth over $1.7 trillion globally in 2024. So when an up-and-coming player emerges, it can deliver life-changing returns for investors fortunate enough to get in early. Roivant Sciences (ROIV +0.74%) certainly seems like a rising star. The biotech stock has more than tripled over the past year, soaring to $35 per share and a market cap of $25 billion.Roivant is a biotech company turning a loaded pipeline into reality, and its sales could soar into the billions of dollars over the next five years. But can the stock continue to deliver multibagger returns? That won't be as easy after its recent ascension. Here's some math to consider when setting expectations for the stock. Image source: Getty Images A loaded pipeline with big things ahead Roivant Sciences builds small, focused subsidiaries called Vants that develop drug products and technologies to treat various diseases and health conditions. Across these Vants, Roivant has amassed an impressive pipeline that management expects will have three commercial launches over the next three years. Its lead drug candidate is brepocitinib, an oral drug for treating dermatomyositis, a chronic inflammatory disease affecting the skin and muscles. The company has only generated $8.3 million in revenue over the past 12 months, but that's about to change in a big way. Wall Street estimates compiled by market intelligence company Fintel peg 2027 revenue at approximately $1 billion, rising to $4.5 billion in 2031. Now, those estimates assume that drug approvals go as planned, which isn't a certainty by any means. Still, the market expects enormous growth from Roivant Sciences, which helps explain the stock's recent rise. Why buying now could be an uphill battle You may have heard the expression that the price you pay matters, but it rings truest in these situations. Today's Change ( 0.74 %) $ 0.26 Current Price $ 35.39 If you assume that Roivant does, in fact, reach $4.5 billion in sales in 2031, the stock, at a $25 billion market cap, already trades at 5.6 times those sales. A healthcare industry leader such as AbbVie trades at about 7 times its trailing-12-month sales, never mind revenue five years out. If you buy Roivant Sciences now, you're assuming a lot of things go right over the coming years. Expectations can change, or better or worse, with a single clinical-trial readout. But you need even more from Roivant if you're buying the stock as a potential multibagger over the next five years -- from here, that would mean the stock needs to reach a market cap of at least $50 billion to $75 billion. Is that possible? Of course. Is it likely? Probably not. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AbbVie. The Motley Fool recommends Roivant Sciences. The Motley Fool has a disclosure policy. |
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2026-07-07 06:57
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Garmin launches LiveScope 2, its clearest live sonar yet | FMP Stock News | |
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Next-generation LiveScope 2 and LiveScope 2 HD deliver live sonar images with unprecedented clarity, improved range and simplified installation, /PRNewswire/ -- Garmin (NYSE: GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the LiveScope™ 2 Series, the next evolution of its award-winning live-scanning sonar lineup. Widely considered one of the most influential innovations in modern fishing electronics, LiveScope lets anglers see real-time views of fish, bait and structure around the boat—now with three new transducer models that offer 20% greater resolution, improved noise reduction and expanded sonar coverage over the previous generation. LiveScope 2 delivers Garmin’s clearest live sonar yet, helping anglers see fish, bait and structure in real time with improved detail, range and simplified installation. "LiveScope revolutionized the way anglers approach the water by giving them a real-time view of what's happening below the surface. LiveScope 2 builds on that foundation with clearer target separation at both short and long ranges, up to 50% more detail, broader sonar coverage and a streamlined setup that eliminates the need for a black box. Better performance and fewer components give anglers a cleaner setup and more space on the boat, so they can spend less time rigging and more time fishing." –Susan Lyman, Garmin Vice President of Consumer Sales and Marketing Improved detail and expanded coverage In addition to improved image clarity, the LiveScope 2 Series offers Garmin's smoothest LiveScope sonar with integrated image stabilization, reduced noise and better target separation to help anglers see fish and lures more clearly as they move through the sonar beam in real time. Wider sonar angles improve the coverage in all three modes – Forward, Down and Perspective – and fast processing speeds and low latency help anglers see fish react and time their hookset accordingly. Designed to give anglers flexibility based on how they fish, the series features three new transducers: LiveScope 2 (LVS44) builds on the proven technology of LiveScope Plus and delivers 20% more resolution and 25% more range—out to 250 feet—for anglers who want to cover more water and find fish farther from the boat. LiveScope 2 HD (LVS42HD) is optimized for castable distances out to 125 feet with Garmin's clearest live sonar ever, offering 50% more detail at closer ranges compared to the previous model. For hardwater anglers, the LiveScope 2 HD Ice Fishing Transducer delivers the same high-definition sonar with a shorter, flexible cold-water cable and convenient all-in-one power/network cable packaged with the 0-degree shaft mount in the box. Simplified, all-in-one installation All LiveScope 2 and LiveScope 2 HD transducers connect directly to a compatible Garmin multi-function display (MFD) and power source, eliminating the need for a black box and simplifying installation. Integrated sensors enhance usability, including the built-in water sensor, which automatically turns off the sonar when the transducer gets lifted out of the water, and the onboard water temperature sensor for accurate readings. LiveScope 2 and LiveScope 2 HD come with a trolling motor barrel mount and adjustable Perspective mode mount so the transducers can be easily adjusted to fit an angler's fishing techniques and preferences on the water, no tools required. For a fully connected fishing system, the LiveScope 2 Series integrates seamlessly across the Garmin marine ecosystem, with combability for accessories like the Spy™ Pole mount for independent sonar control and the GT360UHD transducer for a combined live and 360-degree view around the boat. The LiveScope 2 Series is available now with suggested retail prices ranging from of $1,999.99 to $2,199.99. To learn more, visit garmin.com/marine. Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most innovative, highest quality, and easiest to use marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the 11th consecutive year, Garmin was named the Manufacturer of the Year by the National Marine Electronics Association (NMEA). For more information, visit the Garmin Newsroom, email our media team, connect with @garminfishhunt on social, or follow the Garmin blog. 1Based on 2025 sales. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark and LiveScope and Spy are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements: This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made, and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. MEDIA CONTACT: Carly Hysell 913-397-8200 [email protected] SOURCE Garmin International, Inc. |
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D-Wave Is One of Only Two Companies Named to the Leaders Category in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment | FMP Stock News | |
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PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services, today announced it has been named a Leader in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment (doc #US54125526, June 2026, the “IDC MarketScape”). The IDC MarketScape evaluated quantum computing companies based on their current capabilities and future st. |
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2026-07-07 12:03
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2026-07-07 11:56
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Vývoj měnových párů: EUR/CZK 24,23 | FIO Stock News | |
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7.7.2026 13:56EUR/USD 1,1431 (euro oslabuje o 0,08 %) USD/CZK 21,19 (dolar posiluje o 0,38 %) EUR/CZK 24,23 (euro posiluje o 0,3 %) GBP/CZK 28,37 (libra posiluje o 0,43 %) CHF/CZK 26,28 (frank posiluje o 0,26 %) PLN/CZK 5,6423 (zlotý posiluje o 0,21 %) Zdroj: Reuters Michal Šnobl Fio banka, a.s. Prohlášení |
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Vývoj cen komodit: Zemní plyn (+1,54 %), stříbro (-1,37 %), ropa (+0,69 %) | FIO Stock News | |
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7.7.2026 13:56Ropa +0,69 % na 69,02 USD za barel. Zemní plyn +1,54 % na 3,295 USD za mbtu. Zlato -0,24 % na 4157,3 USD za unci. Stříbro -1,37 % na 61,475 USD za unci. Měď -0,03 % na 6,23 USD za libru. Kukuřice +0,33 % na 4,5925 USD za bušl. Pšenice +0,24 % na 6,155 USD za bušl. Michal Šnobl Fio banka, a.s. Prohlášení |
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2026-07-07 07:45
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Rogers Communications: A Compelling Value Opportunity | FMP Stock News | |
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HomeStock IdeasLong IdeasCommunication ServicesSummaryRogers Communications is a high-quality, integrated media and communications company focused on the Canadian market, now trading below 10x P/E.RCI.B offers a compelling value proposition with a 4.4% yield, strong free cash flow growth, and a $55/share price target, justifying a 'Buy' rating.The company's diversified model—combining telco and media—has delivered 82% media revenue growth and improved EBITDA, distinguishing it from failed telco-media integrations.Key upside drivers include rising cash flow, debt reduction, and potential for multiple expansion, though competition and ARPU declines cap near-term growth.Looking for more investing ideas like this one? Get them exclusively at Wolf of Value. Learn More » Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Rogers Communications (RCI)(RCI.B:CA) is a company I've had on my radar for some time. It's on the same part of the coverage spectrum as Millicom (TIGO 35.29K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in RCI.B:CA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks I write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend withholding taxes and ways to mitigate these. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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Smurfit Westrock partners with Coca-Cola on World Cup packaging to capture spike in consumer demand | FMP Stock News | |
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DUBLIN & NEW YORK--(BUSINESS WIRE)--Smurfit Westrock partnered with Coca-Cola China to launch a series of innovative paper-based packaging solutions for the brand's 2026 World Cup campaign, designed to deliver standout impact across both retail and e-commerce channels. The collaboration comes as global sporting events like the World Cup continue to drive significant spikes in consumer spending. Industry data shows major increases in sales of snacks and soft drinks during the 2022 World Cup1, as. |
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2026-07-07 12:01
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2026-07-07 05:47
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The 800V AI Data Center Shift Could Reprice Navitas Semiconductor (Rating Downgrade) | FMP Stock News | |
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I rate Navitas Semiconductor a Buy with a $19 price target, implying 31.4% upside from the current level of $14.46. NVTS's new mix can become more valuable if AI data center power, grid and energy infrastructure and industrial electrification scale as expected. In my model, I have estimated these drivers add roughly $0.36 of incremental EPS by 2029, helping NVTS move from a 2026 normalized EPS of ($0.17) to a 2029 EPS of +$0.19. |
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2026-07-07 12:01
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2026-07-07 05:33
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Planet Launches Pelican-11 Satellite | FMP Stock News | |
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SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of Pelican-11, the tech demonstration satellite (TD2) for the second generation (Gen 2) of its high-resolution Pelican™ fleet. The spacecraft was launched to orbit aboard the Transporter-17 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has successfully made initial contact with the satellite a. |
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2026-07-07 11:57
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2026-07-07 07:06
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NZD/USD Price Forecast: Faces pressure near 0.5700 in countdown to RBNZ policy | FMP Forex News | |
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The NZD/USD pair is down 0.2% to near 0.5690 during the European trading session on Tuesday. The Kiwi pair faces selling pressure as the New Zealand Dollar (NZD) underperforms its peers ahead of the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision on Wednesday.New Zealand Dollar Price Today The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the weakest against the Japanese Yen. USDEURGBPJPYCADAUDNZDCHFUSD0.08%0.07%-0.08%0.05%0.15%0.23%0.17%EUR-0.08%-0.03%-0.17%-0.04%0.10%0.17%0.09%GBP-0.07%0.03%-0.13%0.00%0.11%0.20%0.12%JPY0.08%0.17%0.13%0.14%0.25%0.32%0.26%CAD-0.05%0.04%0.00%-0.14%0.09%0.20%0.12%AUD-0.15%-0.10%-0.11%-0.25%-0.09%0.09%0.00%NZD-0.23%-0.17%-0.20%-0.32%-0.20%-0.09%-0.08%CHF-0.17%-0.09%-0.12%-0.26%-0.12%0.00%0.08% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote). In the policy meeting, the RBNZ is highly anticipated to raise interest rates by 25 basis points (bps) to 2.5%. Therefore, investors will pay close attention to RBNZ Governor Anna Breman’s press conference to get fresh cues regarding the monetary policy outlook. In the May policy meeting, RBNZ’s Breman stated that the interest rates were likely to increase sooner and by more than previously signalled to combat inflation. Breman added, "The committee remains focused on ensuring inflation returns to target while avoiding unnecessary volatility in the economy.” Meanwhile, the US Dollar (USD) trades higher ahead of the Federal Open Market Committee (FOMC) minutes of the June policy meeting, which will be released on Wednesday. Investors will closely read FOMC minutes to get fresh cues regarding the Federal Reserve’s (Fed) monetary policy outlook. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% higher to near 100.95. NZD/USD technical analysis NZD/USD trades lower at around 0.5688, keeping a bearish near-term tone as spot holds beneath the 20-period exponential moving average (EMA) at 0.5724. The pair’s inability to reclaim this short-term EMA suggests rallies remain capped for now, while the Relative Strength Index (RSI) at 39 stays below the neutral 50 line, hinting at lingering downside pressure rather than an oversold extreme. On the topside, immediate resistance is located at the 20-period EMA near 0.5724, where any recovery would likely meet initial supply and define the hurdle for a more meaningful rebound. Looking down, key support areas are around the June 26 low at 0.5626 and the November 21 low at 0.5580. (The technical analysis of this story was written with the help of an AI tool. Know more.) Economic Indicator RBNZ Interest Rate Decision The Reserve Bank of New Zealand (RBNZ) announces its interest rate decision after each of its seven scheduled annual policy meetings. If the RBNZ is hawkish and sees inflationary pressures rising, it raises the Official Cash Rate (OCR) to bring inflation down. This is positive for the New Zealand Dollar (NZD) since higher interest rates attract more capital inflows. Likewise, if it reaches the view that inflation is too low it lowers the OCR, which tends to weaken NZD. Read more. The Reserve Bank of New Zealand (RBNZ) holds monetary policy meetings seven times a year, announcing their decision on interest rates and the economic assessments that influenced their decision. The central bank offers clues on the economic outlook and future policy path, which are of high relevance for the NZD valuation. Positive economic developments and upbeat outlook could lead the RBNZ to tighten the policy by hiking interest rates, which tends to be NZD bullish. The policy announcements are usually followed by interim Governor Christian Hawkesby's press conference. |
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2026-07-07 11:57
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2026-07-07 07:16
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Euro: Upside bias held above strong support against US Dollar – UOB | FMP Forex News | |
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United Overseas Bank’s (UOB) Quek Ser Leang reports EUR/USD holding near 1.1440 with a firmer underlying tone. The pair is expected to trade slightly higher in a 1.1425–1.1470 range intraday. Over the next 1–3 weeks, the bias remains tilted to the upside as long as Euro stays above strong support at 1.1390, with resistance at 1.1470 and 1.1500.Firmer tone within defined ranges"24-HOUR VIEW: Following last Friday’s price action, we highlighted yesterday that “momentum indicators are mostly flat,” and expected EUR to “rangetrade between 1.1415 and 1.1455.” EUR subsequently dipped to 1.1408, rose to 1.1444 before closing largely unchanged at 1.1440 (+0.04%). We continue to expect range-trading, but the firmer underlying tone suggests EUR is likely to trade in a higher range of 1.1425/1.1470." "1-3 WEEKS VIEW: We revised our EUR view to mildly positive last Friday (03 Jul, spot at 1.1430). We highlighted that “the bias for EUR is tilted to the upside,” but we stated that “expect firm resistance at 1.1470 and 1.1500.” We will maintain this view as long as EUR holds above 1.1390 (‘strong support’ level previously at 1.1370)." (This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.) |
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2026-07-07 11:57
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2026-07-07 07:52
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USD/MXN Forecast Note for the Week (7 July) | FMP Forex News | |
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Summary:The pair between the Peso and the Dollar (USD/MXN) is currently consolidating as traders await further triggers from the macroeconomic front. Current Setup and Live Chart The USD/MXN pair is currently trading in a consolidation between 17.1016 and 17.6417, with the former acting as the price floor and the latter acting as the ceiling. This consolidation comes as traders juggle between U.S. interest rate expectations, global risk sentiment, and Mexico’s relatively high interest rates. The pair has seen the recent uptick rejected at the price ceiling following the relatively dovish comments from new Fed Chair Kevin Warsh at the Sintra Central Banking Forum. While these comments and the downbeat NFP data have not heavily dented the U.S. dollar’s recent strength, they have contributed to the counterbalance between the U.S. Dollar and the Mexican Peso. Macro Drivers of the USD/MXN 1) Interest Rate Differentials The Mexican Peso has one of the highest real interest rates among emerging market currencies. This has led to carry trades between the USD and the Mexican Peso. Now that the Fed has indicated it will adopt a cautious stance to interest rate adjustments, interest rate expectations in the U.S. have been repriced lower. The high interest-rate differential between the two currencies continues to promote foreign bond investments, carry-trade strategies, and Peso-leaning institutional capital flows. 2) Oil Prices The Peso is a commodity currency that has a positive correlation to oil prices. During the oil price shock, the Peso gained sharply against the U.S. dollar despite safe-haven flows into the dollar. The Peso remained stable and maintained a strong 25% gain from February 2025 to date against the greenback. 3) Fed Rate Expectations Expectations for the Federal Reserve’s interest rate policy continue to be a key driver for the pair’s price movements. Now that the Fed is shifting to a data-dependent approach to monetary policy, U.S. data will become important drivers of price movements in the USD/MXN pair. The pair is expected to remain sensitive to the direction of U.S. Treasury yields. Declining yields will encourage demand for the higher-yielding Peso, while rising U.S. bond yields will shift focus towards the USD. 4) Nearshoring Mexico continues to benefit from the nearshoring trend. Nearshoring is the process by which investments shift to countries with lower production costs. Mexico has relatively lower production costs for companies in the United States, as wages are lower and the operating environment has a lower cost of moving than the United States. This nearshoring investment potential continues to support foreign direct investment into the Mexican market, which requires foreign capital denominated in U.S. dollars to be converted into the local Peso. This also boosts Mexico’s industrial production, export growth potential, and employment, all of which together provide confidence in Mexico’s economic outlook. Price Catalysts (Near Term) 1) U.S. economic data: U.S. data, especially those around employment, labor market conditions and inflation, look set to assume greater importance now that the Fed is shifting towards a data-dependent approach to monetary policy. Stronger-than-expected US data are supportive of USD/MXN. In contrast, downbeat data will limit near-term recovery potential, as the pair is now in a consolidation phase following a 16-month downtrend. 2) Global risk sentiment: The USD/MXN is a pair that is highly sensitive to global risk sentiment. The greenback benefits from risk aversion, while the Peso thrives when investor appetite for risk is high. 3) Mexican inflation and central bank expectations: the market will keep watch over Mexico’s data, especially those around inflation and Banxico’s rate policy. Higher domestic inflation will support the Peso, as it increases the risk of a rate hike from the Mexican central bank. USD/MXN Weekly Forecast Scenarios Base case: neutral to bearish, as the interest rate differential and the dovish shift of the Fed should allow for a further retracement from the range top, even as a resilient USD prevents a downside continuation. Bull case: stronger-than-expected U.S. macroeconomic data and rising U.S. bond yields. Furthermore, any conditions that lead to a deterioration in global risk sentiment can trigger a safe-haven flight to the U.S. Dollar, drawing capital away from emerging-market currencies. In this situation, the pair will break out of the consolidation and aim for the 18.15-18.60 price range. Bear case: softer-than-expected U.S. inflation, global risk-on sentiment, strong Mexican data (especially local inflation), and falling U.S. bond yields will trigger the bear case scenario. Add in the carry trade dynamics, and we could see a continuation of the downward trend in place since February 2025. A move toward 16.60 cannot be ruled out under this scenario. USD/MXN Technical Outlook The pair is trading within a consolidation. 17.1016 is the range floor, and 17.6473 is the range ceiling. Currently, price is retracing after rejection at the range ceiling. The range’s floor is next in line, and if the bears succeed in eroding this support, a continuation of the downtrend towards 16.6272 (the 28 July 2023 and 17 May 2024 lows) could be on the cards. Fig 1: USD/MXN daily chart showing key price levels (snapshot taken on 7 July 2026) On the flip side, recovery in the pair follows an uncapping of the 17.6473 range ceiling. This move lines up the 18.1547 high of 18 April 2024 with the 31 March 2026 high as the next upside target. A further upside extension brings in 18.6053 as the next target in line for the bulls. |
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2026-07-07 11:56
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2026-07-07 07:34
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Fiserv stock jumps after report says major US banks explored buying card network | FMP Stock News | |
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Shares of Fiserv climbed more than 6% in premarket trading on Tuesday after a report said several of the largest US banks had explored acquiring one of the fintech company's debit-card networks, highlighting the growing strategic importance of payments infrastructure as banks compete with fintech firms and crypto players.According to The Wall Street Journal, JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group have in recent months held preliminary discussions about a potential acquisition of a payments network owned by Fiserv. The discussions remain tentative, and there is no certainty that a transaction will materialize. The report said several banks that reviewed the opportunity have already concluded they are unlikely to proceed. Reuters also reported that some institutions expressed concerns that such a deal could trigger opposition from lawmakers, regulators, and merchant groups. The reported discussions underscore how aggressively traditional banks are searching for new ways to strengthen their position in the fast-changing payments industry. The sector has faced mounting competition from fintech companies and digital assets as the Trump administration has taken a more supportive stance toward financial innovation and cryptocurrencies. Owning payment infrastructure could provide banks with greater control over transaction processing while potentially creating new revenue opportunities. The interest in Fiserv's network is also tied to long-running debates over debit-card interchange fees. Under the Durbin amendment, a provision of the 2010 Dodd-Frank Act, large banks face limits on the debit-card fees they can collect from merchants when transactions are routed through outside payment networks. However, banks that own a payments network are exempt from those caps, making ownership of such infrastructure strategically valuable. Interchange fees are paid by merchants whenever consumers use debit cards and largely flow to the financial institutions issuing those cards. The Federal Reserve regulates these fees for banks with more than $10 billion in assets. Banks have long argued that reduced interchange income forced them to scale back free checking accounts and debit-card rewards programs after the Durbin rules took effect. Merchant groups, meanwhile, maintain that lower fees have helped reduce costs for businesses and ultimately benefited consumers through lower prices. Fiserv owns the STAR and Accel debit-payment networks, which process debit card transactions across the United States. According to the company's website, the STAR Network routes debit, ATM, and e-commerce transactions between consumers, merchants, and financial institutions. The network serves more than 115 million debit-card holders through over 2,800 financial institutions. The payments infrastructure has become increasingly valuable as banks seek to strengthen their competitive positions in digital payments. The reported takeover interest comes during a difficult period for Fiserv. The company has faced significant pressure over the past year, with its shares falling roughly 70% from year-earlier levels before Tuesday's rally. |
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2026-07-07 11:56
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2026-07-07 07:15
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Sandisk Stock Is Up Nearly 635% in 2026. Can It Still Go Higher? | FMP Stock News | |
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Few investors expected 2026 to start as it did for Sandisk (SNDK +0.10%). The stock has risen about 635% year to date as of the time of writing, although it's down sharply from its high of a 884% gain thanks to the recent AI-related selloff. However, many investors are wondering whether the stock has gotten too hot and needs to cool off further, or if this is the perfect time to buy the stock on sale.Let's take a look at what caused this run in the first place, as Sandisk's situation is unusual compared to most stocks that go parabolic. Image source: Getty Images. A massive market trend is forcing Sandisk's stock higher Sandisk makes NAND memory, which is used to store data in all types of computing devices. However, recently, there has been a massive spike in NAND usage in solid-state drives (SSDs). SSDs are used in data centers for long-term data storage. Given that artificial intelligence software needs to store nearly unprecedented amounts of data for training, and then have quick access to prior chat results and a vast array of other information to function properly in the inference phase, data center demand for SSDs has skyrocketed. Today's Change ( 0.10 %) $ 1.65 Current Price $ 1746.65 The memory industry wasn't ready for this spike in demand, which now far exceeds supply, so prices have skyrocketed. Because Sandisk is suddenly able to charge far more for its products, its revenue and earnings are soaring. Prior to the demand spike, Sandisk was a boring cyclical stock, and the market had limited expectations for it, so its valuation was extremely low -- just 0.6 times forward earnings at this time last year. SNDK PE Ratio (Forward) data by YCharts. However, as its growth accelerated and the trend proved longer-lasting, the stock's valuation skyrocketed, reaching more than 35 times forward earnings. Now, it trades at 9.3 times forward earnings. (A large portion of that recent plummet was the result of Sandisk's fiscal 2027 beginning on July 1; the valuation now reflects the higher earnings projections for its new fiscal year.) The bigger question now is, how long will this elevated demand for memory last? According to industry peer Micron (MU +1.18%), companies expect tight market conditions to persist beyond calendar 2027, which is great news for Sandisk shareholders. With its price tag reverting to a relatively cheap level and another year or more of strong growth likely ahead due to supply constraints, Sandisk stock looks like one that could keep rising, and now could be a great time to buy it on sale. While that may seem counterintuitive, those are the market conditions that Sandisk is operating in. If data center build-outs continue to ramp up, this imbalance between memory supply and demand could last for years. |
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2026-07-07 11:55
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2026-07-07 06:39
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Centrus Energy Invited to Join S&P SmallCap 600 Index | FMP Stock News | |
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Inclusion reflects Centrus' growing role in advancing U.S. energy security by strengthening America's nuclear fuel supply chain, /PRNewswire/ -- Centrus Energy Corp. (NYSE: LEU), a trusted American supplier of nuclear fuel and services, today announced that the company is set to join the S&P SmallCap 600 Index, effective prior to the opening of trading on Tuesday, July 14, 2026. The company's inclusion in the S&P SmallCap 600 marks an important milestone for Centrus as it works to restore America's domestic uranium enrichment capabilities, strengthen the U.S. nuclear fuel supply chain, and support the nation's long-term energy security and energy independence. "Centrus is proud to play a leading role in rebuilding our nation's domestic nuclear fuel infrastructure at a time when reliable, affordable and secure sources of American energy are more important than ever," said Amir Vexler, President and CEO of Centrus. "Our invitation into the S&P SmallCap 600 reflects the progress our team has made and the expanding role that Centrus will play in fueling the future of nuclear energy here at home and around the world." Late last year, Centrus launched domestic centrifuge manufacturing to support a major expansion of its uranium enrichment plant in Piketon, Ohio, which is expected to create thousands of jobs across the United States. The expansion will help meet to meet the growing need for commercial Low-Enriched Uranium (LEU) for the existing fleet of nuclear reactors; commercial High-Assay, Low-Enriched Uranium (HALEU), an advanced nuclear fuel needed by many next-generation reactor designs; as well as enriched uranium needed for national security missions. The anticipated multi-billion-dollar scope would make the expansion one of the largest nuclear infrastructure construction projects underway in the United States today. Last week, Centrus announced that it has signed a contract to finalize the terms of the competitively-awarded, $900 million task order it received earlier this year from the U.S. Department of Energy. The S&P SmallCap 600 is designed to measure the small-cap segment of the U.S. equity market. Inclusion in the index follows S&P Dow Jones Indices' announcement that Centrus will replace Whitestone REIT in the index. About Centrus Energy Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs. Find out more at www.centrusenergy.com or follow us on LinkedIn and X. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which in this context means statements that express Centrus' opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements." The words "may," "will," "could," "should," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "continue," "might," "possible," "potential," "predict," "project," "goal," "would," "commit," or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Centrus operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks, and uncertainties. Particular factors that involve uncertainty and could cause our actual future results to differ materially from those expressed in our forward-looking statements and which are, and may be, exacerbated by any worsening of the global business and economic environment include but are not limited to the following: our ability to conclude negotiations with our customers,; the war in Ukraine and other geopolitical conflicts; our government contracts, including related to changes to the U.S. government's appropriated funding levels for HALEU, the government's inability to satisfy its obligations, and our lease to our facility in Piketon, Ohio; whether or when government demand for HALEU or LEU for government or commercial uses will materialize and at what level; the impact and potential extended duration of a supply/demand imbalance in the market for LEU; significant competition from major LEU producers, including foreign competitors, who may be less cost sensitive then we are; limitations on our ability to compete in foreign markets; pricing trends and demand in the uranium and enrichment markets, especially in light of the potential of limited supply and our dependence on others for deliveries of LEU; and our ability to successfully implement our planned expansion projects in Piketon, Ohio and Oak Ridge, Tennessee. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this news release and in our filings with the SEC, including our most recent Annual Report on Form 10-K, under Part II, Item 1A – "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q, and in our other filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. Contacts: Media -- Dan Leistikow [email protected] Investors -- Neal Nagarajan [email protected] SOURCE Centrus Energy Corp. |
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2026-07-07 11:54
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2026-07-07 06:15
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Comstock Metals Integrates and Automates Front Stages of Industry-scale Production | FMP Stock News | |
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SILVER SPRINGS, Nev., July 07, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), a leader in the responsible, zero-landfill recycling of end-of-life solar panels with the first certified North American operations announced today that it has integrated, tested and operated the robotic loading and initial conveyance system, representing the front-end stages of its production process as part of the overall commissioning of its first-of-a-kind, industry-scale solar recycling facility.The operating system has three major operating stages that are currently being integrated, individually stress tested and commissioned. This represents another significant step toward the full commissioning, start up and continuous operation of the 100,000 ton per year solar panel recycling production line. The robotic arms and the continuous loading and conveyance systems that feed the initial crushers are now fully integrated and operational. “We are pleased to report that, as of last week, we completed the wiring, interconnection of the PLC systems, integration and testing of the first third of the plant, and specifically the robotic loading arms and that the initial tests all resulted in effective and expedient loading of the panels into the system. In fact, the loading systems capacity test exceeded our estimated capacity design maximums by 10%,” stated Corrado De Gasperis, CEO of Comstock. “The team will now stress test the particle size reduction stage of the system and continue forward into our proprietary process integration and testing. We remain on track for stress testing those components over the next two weeks.” Comstock Metals’ robotic arms feeding solar panels onto conveyance system. “We are now well into the process of bringing the industry-scale production plant online while taking great care to make sure each stage is working as designed and to specification and then stress-testing these processes at volumes representing the equipment’s stated capacities,” stated Dr. Fortunato Villamagna, Comstock Metals President. “The front end is now actually working better than initial designs and has been tested and operating, and we will continue moving through the rest of the production system in that same sequence, such that by next month, the nine distinct unit operations will all be operational together. We are also now leveraging the modular nature of the start-up process to train and develop the operating crews to move from a 24/5 to a 24/7 on a 12-hour rotating shift basis.” The start-up sequence is largely dictated by the engineering requirements and, to a lesser extent, the responses to continued requests for materials and samples from the growing population of potential offtake customers. While we work on bringing the recycling process online, we also continue to stress-test the secondary upgrading processes for the offtake products, especially glass, in order to ensure compliance with customer specifications as we continue expanding our addressable markets for those products,” continued Villamagna. “The operating team and the personnel development that resulted from a multi-year demonstration facility is now proving extremely beneficial. These developmental and commissioning activities, along with all aspects of integration, testing, tuning and staged stress testing will continue throughout July, while continuous operations should commence this August.” About Comstock Inc. Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics. To learn more, please visit www.comstock.inc. Comstock Social Media Policy Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Contacts For investor inquiries: Judd B. Merrill, Chief Financial Officer Tel (775) 413-6222 [email protected] For media inquiries: Zach Spencer, Director of External Relations Tel (775) 847-7573 [email protected] Forward-Looking Statements This press release and any related calls or discussions may include forward-looking statements 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. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “forecast,” “seek,” “target,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances and business combinations; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings of equity or debt securities; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company or any other issuer. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/81bffda1-1105-49c1-81ff-d9a93bf6744e |
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2026-07-07 11:53
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2026-07-07 11:45
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Volkswagen pod lupou: šéf koncernu volá po hlubokém řezu, překážkou budou odbory a politici | Patria Stock News | |
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Generální ředitel koncernu Volkswagen Oliver Blume si zadal nelehkou misi: zefektivnit chod obřího kolosu a zlepšit jeho ziskovost. V cestě mu ale stojí složitá struktura podniku, která vyžaduje u radikálních změn souhlas odborů, regionálních politiků a akcionářů.Pokračování článku je dostupné jen klientům placených služeb Patria Plus / Investor Plus případně uživatelům platformy Patria Direct. Pokud jste klientem těchto služeb, potom je nutné se Přihlásit. V rámci placeného informačního servisu získáte přístup ke kompletnímu zpravodajství www.patria.cz bez jakýchkoliv omezení. Veškeré zprávy, komentáře a horké zprávy jsou zobrazovány terminálovou metodou (bez nutnosti obnovovat stránku) bez zpoždění a v plné verzi. Nejen zpravodajství, ale i další služby získáte v Patria Plus / Investor Plus - sms a e-mailové zpravodajství, data z finančních trhů v reálném čase, kompletní analytický servis, rozsáhlé databáze časových řad ke stažení, prognózy vývoje a valuace, ekonomické fundamenty, nástroje a kalkulátory... více |
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2026-07-07 11:53
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2026-07-07 07:21
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Should First Trust Large Cap Growth AlphaDEX ETF (FTC) Be on Your Investing Radar? | FMP Stock News | |
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Launched on May 8, 2007, the First Trust Large Cap Growth AlphaDEX ETF (FTC - Free Report) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.The fund is sponsored by First Trust Advisors. It has amassed assets over $1.37 billion, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market. Why Large Cap GrowthLarge cap companies typically have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Further, growth stocks have a higher level of volatility associated with them. When you consider growth versus value, growth stocks are usually the clear winner in strong bull markets but tend to fall flat in nearly all other environments. CostsSince cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.58%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.14%. Sector Exposure and Top HoldingsETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector -- about 27.1% of the portfolio. Information Technology and Financials round out the top three. Looking at individual holdings, Seagate Technology Holdings Plc (STX) accounts for about 1.5% of total assets, followed by Vertiv Holdings Co (class A) (VRT) and Mastec, Inc. (MTZ). The top 10 holdings account for about 12.96% of total assets under management. Performance and RiskFTC seeks to match the performance of the Nasdaq AlphaDEX Large Cap Growth Index before fees and expenses. The NASDAQ AlphaDEX Large Cap Growth Index is an enhanced index which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Growth Index. The ETF return is roughly 16.68% so far this year and it's up approximately 23.02% in the last one year (as of 07/07/2026). In the past 52-week period, it has traded between $148.93 and $194.14. The ETF has a beta of 1.13 and standard deviation of 19.01% for the trailing three-year period, making it a medium risk choice in the space. With about 188 holdings, it effectively diversifies company-specific risk. AlternativesFirst Trust Large Cap Growth AlphaDEX ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, FTC is a great option for investors seeking exposure to the Style Box - Large Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well. The Vanguard Growth Index Fund ETF Shares (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Growth Index Fund ETF Shares has $224.76 billion in assets, Invesco QQQ has $481.89 billion. VUG has an expense ratio of 0.03% and QQQ charges 0.18%. Bottom-LineAn increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. |
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2026-07-07 11:53
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2026-07-07 06:30
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FTAI Aviation and AEI Announce Strategic Collaboration to Meet Growing Demand for Boeing 737-800 Freighters | FMP Stock News | |
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Combination of Market Leaders in Engine Maintenance and Cargo Conversion is Expected to Bring a More Cost-Effective Freighter Solution to Airlines Globally July 07, 2026 06:30 ET | Source: FTAI Aviation Ltd.NEW YORK and MIAMI, July 07, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or "FTAI") and Aeronautical Engineers, Inc. ("AEI") today announced a collaboration focused on delivering a more cost-effective Boeing 737-800 freighter solution to airline partners globally. The collaboration will combine FTAI's engine maintenance capabilities with AEI's cargo conversion leadership to deliver customized freighter aircraft at scale and at a lower cost. “The Boeing 737-800 is poised to become the workhorse of narrowbody freight, but growth has been constrained by the lack of an engine solution designed for cargo economics,” said David Moreno, President of FTAI. “We can build and maintain lower cycle engines customized for cargo enabling FTAI and AEI to deliver aircraft at a significantly lower operating cost. This collaboration adds cargo to FTAI’s CFM56 platform, extending the engine’s lifecycle across passenger, cargo and power.” “AEI has led the global narrowbody freighter conversion market for over 60 years and has converted more aircraft than any other provider in the industry,” said Robert T. Convey, Senior Vice President at AEI. “Combining our conversion expertise with FTAI's engine maintenance services gives airlines a proven path to freighter capacity built for the long term.” With almost 6,000 aircraft delivered, the Boeing 737-800 is the most widely produced narrowbody in aviation history, giving it the scale to anchor the freighter market for many years. FTAI’s ability to provide CFM56 engines is critical to support the market at scale and its aftermarket engine maintenance capabilities will play a central role in ensuring the aircraft can fly reliably and cost-effectively for airlines worldwide. As a global leader in passenger to freighter conversions for a wide array of aircraft, AEI has developed over 130 Supplemental Type Certificates (STCs), 625+ aircraft have been modified with AEI STCs – more than any other conversion provider. Cautionary Note 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, including, but not limited to, expectations regarding the collaboration providing a more cost-effective freighter solution to airlines globally, ability to deliver customized freighter aircraft at scale and at a lower cost, and delivering aircraft at a significantly lower lifecycle cost. 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 or AEI’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. About AEI Aeronautical Engineers, Inc. (AEI) is the global leader in the aircraft passenger-to-freighter conversion business and is the oldest conversion company in existence today. Since the company’s founding in 1958, AEI has developed over 130 Supplemental Type Certificates (STCs) and has modified over 625 aircraft with the STCs. AEI helps its customers extend aircraft life and increase the overall value of aircraft assets by continuously focusing on dependable and flexible product offerings. AEI currently offers passenger-to-freighter conversions for the Boeing 737-800, 737-400, 737-300, MD-80 series, and CRJ200 aircraft. https://www.aeronautical-engineers.com/ FTAI Contact: Alan Andreini Investor Relations FTAI Aviation Ltd. (646) 734-9414 [email protected] Tim Lynch / Kelly Sullivan Joele Frank, Wilkinson Brimmer Katcher (212) 355-4449 AEI Contact: Robert T. Convey Senior Vice President Sales & Marketing +1 (818) 406-3666 [email protected] |
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2026-07-07 11:49
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2026-07-07 05:05
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The SpaceX Sell-Off Looks to Be Getting Worse. Here's What Patient Investors Should Do Right Now. | FMP Stock News | |
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After a debut that sent the stock to a peak near $226 per share within days, Space Exploration Technologies (SPCX 0.99%) has given back a large chunk of that run and trades near $160 as of this writing. The pullback has rattled some new shareholders, and the honest read is that it might have more room to fall. That does not make the stock a mistake. It makes the method you use to buy it the thing that matters.Image source: Getty Images. Why the SpaceX sell-off might get worse The first pressure is supply. SpaceX staggered its insider lockup, and the first block of shares, nearly 20% of the locked pool, is released after the second-quarter report in late July. Smaller tranches will follow through the fall, with the full 180-day batch clearing in December. More sellable shares meeting the same pool of buyers can press the price lower, and that supply arrives on a schedule the market can see coming. The second pressure is the price itself. A market value near $2 trillion bakes in moon bases, a high Starship flight rate, and orbital data centers, outcomes that could take a decade to prove. A launch setback or a slipped timeline could reset sentiment in a hurry, and the $226 per-share peak looked more like debut momentum than a considered price. Momentum fades, and a stock that tripled expectations in a week can keep giving back ground. Today's Change ( -0.99 %) $ -1.60 Current Price $ 160.40 Why dollar-cost averaging is the move Instead of one lump purchase at a price no one can predict, dollar-cost averaging commits a fixed dollar amount on a set schedule, month after month, at whatever the price allows. When shares drop, that fixed sum buys more of them; when shares climb, it buys fewer. Across a volatile stock with a known supply calendar, the math lowers your average cost and removes the pressure to call a bottom that no one can call. For a company with a decade-long story and lockups draining out through December, spreading purchases across those same months lines up with the supply. The approach has limits worth stating. If the stock climbs in a straight line, a single lump-sum buy would have beaten it. And dollar-cost averaging does not fix a weak business; it addresses timing, nothing more. The case rests on the belief that SpaceX is worth owning for years, with the investing schedule managing volatility along the way. The takeaway for patient investors The sell-off is uncomfortable, and discomfort is where a patient plan earns its keep. Set an amount you can add on a schedule, tune out the daily move, and let the lockup-driven supply come to you rather than chasing the stock. A brokerage account that supports recurring buys makes the habit automatic. I would treat SpaceX as a position built across quarters, not a trade timed to a bottom. |
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