In the latest trading session, Copa Holdings (CPA - Free Report) closed at $155.53, marking a -1.06% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the holding company for Panama's national airline have appreciated by 10.01% over the course of the past month, outperforming the Transportation sector's gain of 2.8%, and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Copa Holdings in its forthcoming earnings report. The company is expected to report EPS of $1.9, down 47.37% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 27.12% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $15.96 per share and a revenue of $4.38 billion, signifying shifts of -1.97% and +21.16%, respectively, from the last year.
Any recent changes to analyst estimates for Copa Holdings should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.43% higher within the past month. Copa Holdings is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Copa Holdings's current valuation metrics, including its Forward P/E ratio of 9.85. For comparison, its industry has an average Forward P/E of 11.9, which means Copa Holdings is trading at a discount to the group.
Also, we should mention that CPA has a PEG ratio of 1.2. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.15 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 15% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CPA in the coming trading sessions, be sure to utilize Zacks.com.
Shares of ride-hailing giant Uber Technologies (UBER 1.16%) have rebounded recently as investors warm to the idea that robotaxis could become a major new growth driver. Shares are up about 7% over the last month and 5% in the last week alone. At close to $76 as of this writing, though, the stock still sits about 25% below its 52-week high near $102.
The recent optimism toward the stock is easy to understand. What's harder to pin down, however, is what Uber actually owns in the autonomous race.
Here is the part the robotaxi excitement tends to gloss over: Uber doesn't build the cars, doesn't write the self-driving software, and doesn't own the vehicles carrying its riders. Its plan is to be the app that books the trip, whoever's autonomous car shows up. That asset-light approach could be Uber's biggest advantage in autonomy -- or its biggest vulnerability, depending on how the next few years unfold.
Image source: Getty Images.
A platform, not a fleet Uber's pitch to investors and autonomous-car manufacturers is about aggregation.
It has reportedly signed up about 30 autonomous partners -- robotaxi developers, delivery-bot makers, and self-driving trucking firms -- and wants to be the marketplace where that capacity meets demand. The early traction backs up the idea: Uber recently said autonomous trips on its platform grew about tenfold over the past year, and management is targeting driverless service in up to 15 cities by the end of 2026.
"We get to work with everybody in the ecosystem," Uber CEO Dara Khosrowshahi told Fast Company in a June interview, pointing to a network that handles more than 40 million trips a day. The logic is that with that much demand, Uber can keep a partner's expensive cars busy in ways a single operator running its own app can't.
And the core business gives the pitch weight. In the first quarter of 2026, Uber's revenue rose 14% year over year to $13.2 billion, gross bookings climbed 25% to $53.7 billion, and trips grew 20% to 3.64 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 33% to about $2.5 billion.
A network this large is exactly what a robotaxi operator with idle cars might want to plug into.
But the biggest fleet doesn't need Uber The catch is who actually owns the robotaxis on the road today. Alphabet's Waymo is the largest operator by far, running a fleet of more than 3,000 driverless cars and delivering around half a million paid rides a week, with a goal of 1 million by the end of 2026. And Waymo mostly routes those riders through its own app, not Uber's. And the two are now drifting apart -- Waymo still runs on Uber's platform in a couple of markets.
Tesla, meanwhile, is building a robotaxi service on cars and software it controls end-to-end. Uber's answer is to buy its way into the supply of its own. The company has reportedly committed more than $10 billion to autonomous vehicles. That includes a deal for at least 35,000 robotaxis built on electric vehicles from Lucid Group and equipped with Nuro's self-driving system, plus an arrangement for as many as 50,000 autonomous vehicles from Rivian.
But these arrangements will take time to start making a difference for Uber. The Lucid-Nuro robotaxi service is slated for a public launch later this year. And the Rivian fleet isn't expected to start deployments until 2028.
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Meanwhile, Uber's valuation leaves little room for slip-ups. Its forward price-to-earnings ratio of 24 isn't expensive, but it's not cheap either. In other words, it isn't extreme for a company growing gross bookings above 20%, but it's high enough that it arguably does assume the partner-based autonomy strategy adds value rather than erodes it.
So does Uber's asset-light bet make it a robotaxi winner, or leave it dependent on the rivals that build the cars? Probably something in between. Sure, the platform model could prove durable if autonomy fragments across many operators that all need Uber's demand to fill seats. But it could suffer if a handful of owners like Waymo reach the scale to run their own networks and keep the economics. For now, Uber is paying up to ensure it has cars to fall back on -- a sensible hedge, but also a quiet admission that aggregating other companies' robotaxis may not be the durable advantage implied by the rising share price.
Australský regulátor žaluje Amazon AU kvůli údajným nefér podmínkám Prime Video, které umožnily přidání reklam bez kompenzace pro více než 1 milion ročních předplatitelů od listopadu 2023 do srpna 2025.
A downtown building is wrapped in Amazon Prime advertising ahead of Comic-Con International, in San Diego, California, U.S. July 22, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
SummaryCompaniesAustralian competition watchdog sues Amazon's local unitACCC alleges Amazon unit used unfair Prime Video contract termsACCC seeking declarations, penalties, among other ordersJune 30 (Reuters) - Australia's competition regulator said on Tuesday it has taken Amazon's (AMZN.O), opens new tab Australian unit to court, alleging its Prime subscription contracts contained unfair terms that allowed the company to add advertising to its video streaming platform.
The Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia used unfair Prime Video contract terms to make negative changes for over 1 million annual subscribers without offering compensation.
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"We allege that Amazon AU included multiple unfair terms in its contracts with Australian annual Prime subscribers, and it then relied on some of these terms to bring ads onto Amazon Prime Video," said ACCC Chair Gina Cass-Gottlieb.
After July 2024, subscribers who wanted to maintain ad-free streaming had to pay an additional A$2.99 per month. This was despite annual subscribers already having paid A$79 ($54.40) upfront for the service, the ACCC added in its statement.
The regulator also alleged that Amazon.com Services LLC was knowingly concerned in the Australian unit's conduct, adding that the former was involved in drafting the Australian contracts that contained the terms.
The ACCC is seeking declarations, penalties, consumer redress, costs and other orders.
In an emailed response to Reuters, a spokesperson for Amazon Australia said the firm is "reviewing the case filed by the ACCC in detail" and had cooperated with the regulator throughout the investigation.
The ACCC investigated Amazon's local unit's contracts after receiving consumer reports about the introduction of ads to Prime Video in 2024, according to its statement.
($1 = 1.4522 Australian dollars)
Reporting by Shivangi Lahiri in Bengaluru, additional reporting by Kumar Tanishk; Editing by Maju Samuel and Vijay Kishore
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Uniswap DAO zveřejnilo RFC pro nasazení Uniswap v4 na 0G, modulárním blockchainu zaměřeném na AI. V4 přináší singleton pool manager, hooks a dynamické poplatky.
Uniswap’s decentralized governance machine is grinding forward again. A new Request for Comments (RFC) has been published in the Uniswap DAO proposing the deployment of Uniswap v4 on 0G, a modular blockchain built with artificial intelligence workloads in mind.
What Uniswap v4 actually changes The headline feature is what Uniswap calls a “singleton pool manager.” Previous versions of Uniswap deployed a separate smart contract for every single trading pair. Uniswap v4 consolidates all pools into one contract, meaning fewer contract deployments, lower gas costs, and more efficient routing between pools.
Then there are hooks. These are pluggable smart contracts that developers can attach to individual pools, enabling custom logic at specific points in a trade’s lifecycle.
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Dynamic fees are the natural extension of this flexibility. Rather than locking in a static fee tier when a pool is created, Uniswap v4 allows fees to shift automatically based on real-time trading conditions like volume and volatility. The direct beneficiaries here are liquidity providers, who historically have eaten impermanent loss during volatile periods while earning the same flat fee regardless of market conditions.
Why 0G, and what is it anyway 0G (pronounced “zero gravity”) positions itself as a modular, AI-focused blockchain. The network is designed around high-throughput data availability, which makes it potentially suited for applications that need to process large amounts of on-chain data quickly.
Uniswap has been systematically expanding across chains for years, moving beyond Ethereum to networks like Polygon, Arbitrum, Optimism, Base, BNB Chain, and others. For 0G specifically, adding Uniswap v4 would provide a foundational DeFi primitive for what is still an emerging network.
The broader multi-chain chess game Uniswap governance proposals typically go through an RFC phase, followed by a temperature check, and then a final on-chain vote. The RFC stage is essentially the community debating whether the deployment makes strategic sense, whether the target chain has sufficient demand, and whether the technical integration is sound.
What this means for investors For UNI token holders, every new chain deployment theoretically expands the protocol’s fee-generating surface area. Uniswap recently activated its fee switch mechanism, meaning protocol-level fees could eventually flow back to governance participants.
Liquidity providers should pay particular attention to the dynamic fee structure. If v4’s fee mechanisms work as designed, providing liquidity on volatile AI-related token pairs could become meaningfully more profitable than the static-fee experience of v3.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Caffeine od DFINITY se nově integruje přímo do Claude od Anthropic a umožňuje vytvářet a nasazovat aplikace na Internet Computer jen pomocí textových promptů. Vývoj tak probíhá bez psaní kódu.
@dfinity's Caffeine platform has launched a direct integration with @AnthropicAI's Claude, allowing users to generate and deploy production-ready applications on the Internet Computer blockchain entirely through natural language prompts, without writing a single line of code.
Building Apps Through Conversation @CaffeineAI is an AI-powered development platform built by the DFINITY Foundation. Caffeine generates web applications from text descriptions and deploys them directly on the Internet Computer blockchain. The Claude integration extends that capability into Anthropic's own LLM environment, meaning users can build, iterate on, and ship complex software without ever leaving the chat interface.
The move targets both casual "vibe coders" and enterprise teams. Unlike tools such as Cursor that help human developers write code faster, Caffeine positions itself as a complete replacement for technical teams. Users describe what they want in plain language, and an ensemble of AI models writes, deploys, and continually updates production-grade applications with no human intervention in the codebase itself.
Unlike many existing AI development tools, Caffeine handles everything from secure backend logic to full-stack deployment, enabling users to build secure, resilient, and sovereign apps with minimal effort. Once code is generated, Caffeine deploys the app directly onto the Internet Computer blockchain, where ICP's canister-based architecture ensures the app is secure, tamper-proof, and runs entirely on-chain without relying on centralized servers.
A Technical Edge on Data Safety One of Caffeine's more notable claims is around data integrity during updates, a recurring problem in AI-generated software. The platform builds applications using Motoko, a programming language developed by DFINITY specifically for AI use, which provides mathematical guarantees that upgrades cannot accidentally delete user data. The system employs what DFINITY calls "loss-safe data migration," where the framework automatically verifies that any transformation to an application's data structure will not result in data loss, refusing to compile or deploy code that could delete information unless explicitly instructed.
The Anthropic relationship is not entirely new. Pierre Samaties, chief business officer at DFINITY, noted at a San Francisco launch event that Anthropic had partnered with DFINITY on Caffeine, with developers observing that DFINITY had been using Anthropic's Claude Sonnet to drive Caffeine's backend logic on the ICP. The latest announcement formalises that relationship by surfacing Caffeine's capabilities directly inside Claude for all users.
The integration arrives as agentic AI tools gain broader enterprise traction. Anthropic's own enterprise case studies highlight organizations including Rakuten, CRED, TELUS, and Zapier as having deployed multi-agent coordination systems built on Claude. Bringing Caffeine into that environment gives ICP-based app development a direct route to that growing user base.
Sources:
VentureBeat: Dfinity launches Caffeine, an AI platform that builds production apps from natural language prompts
Business Wire: DFINITY Opens Early Access to Caffeine
SiliconAngle: The self-writing internet: Is Dfinity's Caffeine AI a wakeup call for application developers?
In the latest trading session, Target (TGT - Free Report) closed at $133.92, marking a -4.61% move from the previous day. This move lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The stock of retailer has risen by 10.48% in the past month, leading the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The investment community will be paying close attention to the earnings performance of Target in its upcoming release. In that report, analysts expect Target to post earnings of $2.21 per share. This would mark year-over-year growth of 7.8%. Meanwhile, the latest consensus estimate predicts the revenue to be $26 billion, indicating a 3.15% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $8.35 per share and a revenue of $108.83 billion, demonstrating changes of +10.3% and +3.87%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Target. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% increase. Target is holding a Zacks Rank of #3 (Hold) right now.
In the context of valuation, Target is at present trading with a Forward P/E ratio of 16.81. This represents a discount compared to its industry average Forward P/E of 27.4.
Investors should also note that TGT has a PEG ratio of 2.74 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TGT's industry had an average PEG ratio of 2.39 as of yesterday's close.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 40, putting it in the top 17% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Solana má nejrušnější období za měsíce: aktivní adresy vystoupaly na 4,51 milionu a tokenizované akcie na síti lámou rekordy. Denní objem obchodů dosáhl 644 milionů USD.
@solana is registering its busiest stretch in months. Active addresses on the network climbed to 4.51 million since Saturday, the strongest reading since February, according to @SantimentData. The catalyst is not memecoins or a new token launch. It is tokenized stocks, with xStocks activity picking up sharply and $SOL's rebound above key levels drawing traders back into the ecosystem.
Record volumes in tokenized equity trading Equity trading on Solana broke records this week. Daily tokenized stock trading on Solana hit a $644 million all-time high on June 24, more than tripling the previous record of $187.9 million set just eight days earlier, the same day tokenized assets surpassed memecoins as a share of Solana spot DEX volume for the first time, with tokenized assets at 17% of spot volume against memecoins at 12%. Much of the surge was driven by specific TradFi catalysts: Backpack Securities and Sunrise launched SPCX, a 1:1 share-backed SpaceX token, on June 12, the same day SpaceX listed on Nasdaq, followed by tokenized Micron (MU) on June 22, timed to Micron's earnings release.
During the week of June 15 to June 21, Solana processed $1.298 billion in tokenized stock trades, representing 95% of the global total for that period. Cumulatively, tokenized stocks on Solana hit $4.9 billion in volume during the first half of 2026, a sixfold increase from the $775 million recorded in the second half of 2025. By June 23, cumulative transfer volume for tokenized stocks on the network had crossed $10 billion. Cross-chain, tokenized equity trading hit $5.3 billion in May 2026, a 44% month-on-month increase.
More than a memecoin replacement Analysts see this as more than a short-term volume spike. Solana is becoming a go-to chain for real trading activity, not just speculation. Tokenized stocks, DeFi usage, stablecoins, and retail-friendly apps are all giving users more reasons to interact on-chain. Solana's low transaction costs and high throughput make it well-suited for the small, frequent trades common among retail investors, with fractional ownership and around-the-clock trading offering access that conventional brokerage accounts do not.
The composition shift carries wider implications for the Solana ecosystem. For a network that built much of its reputation on speculative memecoin activity, the rise of tokenized stocks brings real-world assets and more stable value propositions to the chain. If the surge in active addresses holds into next week, it strengthens the case that $SOL's recent bounce has genuine network activity behind it, not just leverage.
Regulatory uncertainty remains the key overhang. Tokenized equities must comply with securities laws across different jurisdictions, and the rules governing how these products are issued, traded, and settled continue to evolve. xStocks products are not available to users in the US, Canada, UK, or Australia under current access rules. Whether the volume surge proves durable will depend as much on regulatory clarity as on network performance.
Sources:
Crypto Briefing: Solana tokenized stocks trading volume surges to $4.9B in H1 2026
Solana Compass: Tokenized Assets Flip Memecoins in Solana Spot Volume
Value The Markets: Solana Sets New Record in Tokenized Stocks Trading Volume
Ekosystém Solana RWA dosáhl hodnoty 3,03 miliardy USD a měsíční objem převodů vyskočil o 120,5 % na 8,53 miliardy USD. Počet držitelů vzrostl na 290 481.
Solana RWA distributed asset value climbed to $3.03B after posting a 13.2% increase over 30 days. Monthly RWA transfer volume surged 120.5% to $8.53B, marking the fastest-growing network metric. RWA holders reached 290,481 after growing 24.4% in one month, showing wider ecosystem participation. Solana stablecoin market cap rose to $15.77B, supporting liquidity across the expanding RWA market. Solana’s real-world asset market continues to expand as fresh on-chain data points to stronger activity across tokenized assets.
The latest figures show higher asset values, growing participation, and a sharp rise in transfer volume. Stablecoins also remain a major source of liquidity across the network. The new metrics highlight steady growth across multiple parts of the Solana ecosystem.
Solana RWA Ecosystem Records Higher Asset Value and User Growth Data shared by Everstake shows the Solana RWA ecosystem reached $3.03 billion in distributed asset value. That marks a 13.2% increase over the past 30 days.
❗@solana's RWA ecosystem is reaching a whole new level.
Every month, the numbers get bigger.
And more importantly, they show that real-world assets are becoming an increasingly important part of the Solana ecosystem.
• $3.03B in distributed asset value, up 13.2% over the… pic.twitter.com/vpyj2eJowj
— Everstake (@everstake_pool) June 29, 2026
The same dataset shows the number of RWA holders climbed to 290,481. Monthly holder growth reached 24.4%, indicating broader participation in tokenized assets.
Transfer activity expanded even faster. Solana recorded $8.53 billion in 30-day RWA transfer volume, representing a 120.5% increase from the previous month.
Everstake highlighted transfer volume as the strongest metric during the latest reporting period. The figures suggest assets moved across the network at a much faster pace than before.
The platform also reported 2,115 tokenized real-world assets operating on Solana. Represented asset value stood at $125.86 million during the same period.
Stablecoins Continue Powering Solana RWA Market Activity Stablecoins remained the largest segment supporting the Solana RWA market. Network data placed the total stablecoin market capitalization at $15.77 billion, up 3.43% over 30 days.
Stablecoin transfer volume reached $487.08 billion during the month. Activity increased 3.59%, even as stablecoin holders declined 7.77% to 10.95 million.
The league table published alongside the data ranked Circle as the largest platform by asset value. Circle accounted for approximately $7.1 billion across three supported asset classes.
Tether Holdings followed with roughly $3.8 billion, while Paxos ranked third at $1.4 billion. BitGo, Securitize, Anchorage Digital Bank, Ethena, Ctrl Alt, Solstice, and Ondo completed the top ten.
Among individual assets, USDC remained the largest tokenized product on Solana with nearly $6.97 billion in distributed value. USDT followed at about $3.77 billion, while BitGo’s USD1 exceeded the $1 billion mark.
Other leading products included Anchorage Digital Bank’s USDGO, Paxos-issued PYUSD, and Securitize’s BlackRock USD Institutional Digital Liquidity Fund.
According to Everstake’s published figures and the accompanying Solana RWA dashboard, stablecoins continue to dominate network value while tokenized treasuries, private equity, and corporate credit products steadily expand their presence.
In the latest close session, Lowe's (LOW - Free Report) was down 1.31% at $219.57. This change lagged the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
The home improvement retailer's stock has climbed by 3.79% in the past month, exceeding the Retail-Wholesale sector's loss of 5.89% and the S&P 500's loss of 2.9%.
The upcoming earnings release of Lowe's will be of great interest to investors. The company's earnings report is expected on August 19, 2026. The company is predicted to post an EPS of $4.26, indicating a 1.62% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $26.25 billion, showing a 9.54% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $12.48 per share and a revenue of $93.09 billion, signifying shifts of +1.55% and +7.89%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Lowe's. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.09% fall in the Zacks Consensus EPS estimate. Lowe's is currently a Zacks Rank #3 (Hold).
Investors should also note Lowe's's current valuation metrics, including its Forward P/E ratio of 17.83. This denotes a discount relative to the industry average Forward P/E of 23.24.
Investors should also note that LOW has a PEG ratio of 2.81 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Retail - Home Furnishings industry had an average PEG ratio of 2.04.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 232, positioning it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Deadline MiCA k 1. červenci může v EU připravit více než 10 milionů uživatelů o platformu, protože desítky nelicencovaných burz omezují nebo ukončují služby. ESMA je vyzvala k ukončení činnosti nebo přesunu klientů k autorizovaným poskytovatelům.
Updated Jun 29, 2026, 3:51 p.m. Published Jun 29, 2026, 3:03 p.m.
2 min read
Alex Fazel of Swisborg says about 10 million or more users are now faced with finding a new crypto service provider as their current platform suspends services on July 1. (Shutterstock/Modified by CoinDesk)Summary
A key July 1 deadline under the European Union’s Markets in Crypto-Assets rules is forcing dozens of unlicensed exchanges to halt or restrict services, potentially displacing more than 10 million users.EU regulators have warned crypto firms operating without a MiCA license to wind down operations and help customers move to authorized providers, while proposing fines of up to 12.5% of annual turnover for major stablecoin issuers that breach the rules.Industry executives estimate that as many as 80% of Europe’s roughly 3,000 pre-MiCA virtual asset service providers may not continue after the deadline, prompting exchanges like Binance to scale back and rivals such as Coinbase and OKX to court users with incentives.The European Union's (EU) July 1 Markets in Crypto-Assets (MiCA) deadline could leave more than 10 million users looking for a new platform, Alex Fazel, chief partnership officer at Swissborg, told CoinDesk in an interview.
The latest deadline implementing the EU's crypto rules is forcing dozens of exchanges to halt or restrict services, with the European Securities and Markets Authority (ESMA) warning that crypto-asset service providers operating without a MiCA license after July 1 should wind down their businesses and help customers move to authorized providers or self-hosted wallets.
The deadline also comes as the European Banking Authority (EBA), which directly supervises significant stablecoin issuers under MiCA, proposed a framework on Friday that would allow fines of up to 12.5% of annual turnover for major issuers that breach the regulation. The consultation runs until Sept. 28, after which the methodology will be finalized.
Europe was thought to have had more than 3,000 registered virtual asset service providers (VASPs) as of 2024, according to the pre-MiCA categorization. As many as 80% of them will not continue after the deadline, Erald Ghoos, CEO of OKX Europe, told CoinDesk.
The immediate impact will fall on customers whose exchanges are withdrawing services, Fazel told CoinDesk
Several exchanges, including Binance, have announced changes to their European services ahead of the July 1 deadline, while others continue seeking MiCA authorization or adjusting their products.
"When a platform pulls back, users unfortunately absorb the shock, like a tenant being evicted by its landlord with no notice," Fazel said. "People shouldn't keep hunting for a new home. They should pick one built to stay."
"When you're choosing a new home, the price is one thing."But we need to look at the identity match, the platform, its culture, its security, the features you'll actually use, and the community you're joining."
"Incentives fade," he added. "A home you trust doesn't."
Coinbase and OKX last week offered deposit and transfer incentives to attract new users amid some exchanges scaling back services in Europe.
Fazel said those offers may persuade some customers to switch, but argued they should not be the deciding factor.
"Every exchange is piling into the same rat race of bigger bonuses, louder cheques," he said. "But money does not earn trust. A local track record does."
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The Evolution of the Crypto CEX Landscape: A Case Study on Binance
The Evolution of the Crypto CEX Landscape: A Case Study on Binance
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
13 hours ago
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Abbott klesl o 1,5 % na 92,71 USD, zatímco S&P 500 vzrostl o 1,18 %. Firma zveřejní výsledky za čtvrtletí 16. července; odhad EPS je 1,28 USD a tržby 12,53 mld. USD.
Abbott (ABT - Free Report) closed the most recent trading day at $92.71, moving -1.5% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.18%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Prior to today's trading, shares of the maker of infant formula, medical devices and drugs had gained 9.95% outpaced the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
Analysts and investors alike will be keeping a close eye on the performance of Abbott in its upcoming earnings disclosure. The company's earnings report is set to go public on July 16, 2026. The company's earnings per share (EPS) are projected to be $1.28, reflecting a 1.59% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $12.53 billion, indicating a 12.43% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.48 per share and revenue of $50.49 billion, which would represent changes of +6.41% and +13.9%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Abbott. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% higher. Abbott presently features a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Abbott has a Forward P/E ratio of 17.18 right now. This valuation marks a discount compared to its industry average Forward P/E of 18.95.
Meanwhile, ABT's PEG ratio is currently 1.62. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. ABT's industry had an average PEG ratio of 1.65 as of yesterday's close.
The Medical - Products industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 31% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABT in the coming trading sessions, be sure to utilize Zacks.com.
Eli Lilly zakončila obchodování růstem o 1,81 % na 1 229,93 USD, čímž překonala denní zisk indexu S&P 500. Před zveřejněním výsledků trh očekává EPS 9,01 USD a tržby 20,44 miliardy USD.
Eli Lilly (LLY - Free Report) ended the recent trading session at $1,229.93, demonstrating a +1.81% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 1.18%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Heading into today, shares of the drugmaker had gained 9.33% over the past month, outpacing the Medical sector's gain of 7.96% and the S&P 500's loss of 2.9%.
The upcoming earnings release of Eli Lilly will be of great interest to investors. The company is expected to report EPS of $9.01, up 42.79% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $20.44 billion, showing a 31.39% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $35.67 per share and revenue of $85.6 billion. These totals would mark changes of +47.34% and +31.33%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Eli Lilly. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.02% higher. As of now, Eli Lilly holds a Zacks Rank of #3 (Hold).
In the context of valuation, Eli Lilly is at present trading with a Forward P/E ratio of 33.87. This denotes a premium relative to the industry average Forward P/E of 15.73.
Investors should also note that LLY has a PEG ratio of 1.33 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Large Cap Pharmaceuticals industry currently had an average PEG ratio of 2.74 as of yesterday's close.
The Large Cap Pharmaceuticals industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 92, which puts it in the top 38% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Melius Research zahájila pokrytí Seagate a Western Digital s doporučením koupit a cílovými cenami zhruba o 55 % nad aktuální cenou. Obě firmy těží z poptávky po AI, silných marží a vysokého volného cash flow.
CNBC’s Oliver Renick highlighted a split in investor sentiment on his Options Action segment this morning. Melius Research initiated coverage of Seagate and Western Digital as Buy-rated stocks, with price targets about 55% above current levels. Renick reported that options flow leaned bullish in each stock, with roughly twice as many calls bought as puts, but that overall volume was “surprisingly muted” compared with the heat in adjacent memory names.
Seagate: Margins and Cash Flow Reset Higher Seagate Technology (NASDAQ:STX | STX Price Prediction) closed its March quarter with revenue of $3.11 billion, up 44.1% year over year, and non-GAAP EPS of $4.10 against a $3.50 consensus. Non-GAAP gross margin printed at 47.0%, up from 36.2% a year earlier, and free cash flow reached $953 million versus $216 million in the prior-year quarter. The company also retired roughly $641 million in debt during the quarter.
CEO Dave Mosley framed the setup as durable, telling investors that, “Seagate is entering a new era of structural growth as AI applications amplify data creation and support sustained storage demand.” Guidance for the June quarter calls for revenue of $3.45 billion plus or minus $100 million and non-GAAP EPS of $5.00 plus or minus $0.20.
Western Digital: A Pure-Play HDD Story Crosses 50% Gross Margin Western Digital (NASDAQ:WDC), now a pure-play HDD company after the February 2025 spin-off of its Flash business into Sandisk, reported Q3 FY2026 revenue of $3.337 billion, up 45.47% year over year, with non-GAAP EPS of $2.72 versus a $2.392 estimate. Non-GAAP gross margin reached 50.5%, and free cash flow came in at $978 million.
CEO Irving Tan tied the result to AI workloads, stating that “Virtually every AI workload, from training, inference, agentic AI to physical AI, creates data that is stored persistently and cost-efficiently on HDDs.” Management also raised the quarterly cash dividend by 20% to $0.15 per share and repurchased $752 million of stock during the quarter. Q4 FY2026 guidance calls for revenue of about $3.65 billion, non-GAAP gross margin of 51%-52%, and non-GAAP EPS of $3.25 plus or minus $0.15.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Western Digital didn't make the cut. Grab the names FREE today.
Memory Stocks Are Sending a Different Signal While Seagate and Western Digital attracted modestly bullish options activity, the rest of the memory sector looked far less optimistic. Renick noted that Micron was the most actively traded name of the morning, with nearly 300,000 options contracts changing hands and implied volatility around 100. Even so, the stock remained only slightly above its pre-earnings level, suggesting traders are still uncertain about its near-term direction.
SanDisk also came under pressure, with more than twice as many call options sold as bought. The bearish positioning coincided with reports that South Korean rivals SK Hynix and Samsung plan to invest roughly $500 billion in new manufacturing hubs. Renick also noted that the DRAM ETF was down 6.5%, underscoring the broader weakness across memory stocks.
What Investors Should Watch Next Melius Research believes Seagate and Western Digital are well positioned to benefit from a favorable supply-and-demand backdrop in hard disk drives, a thesis supported by both companies’ record margins, strong free cash flow, and improving shareholder returns.
The next signal to watch is whether options traders begin matching that optimism. If bullish options activity and trading volume increase, it could suggest broader investor confidence is building behind the analyst call. If traders continue favoring hedges in names like Micron and SanDisk instead, it would indicate investors remain cautious about the broader memory sector despite the bullish outlook for Seagate and Western Digital.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Western Digital didn't make the cut. Grab the names FREE today.
Hub Group čelí hromadné žalobě kvůli údajnému podvodnému účetnictví a zkresleným výkazům za období od 28. dubna 2023 do 11. května 2026. Firma už dříve uvedla, že některé tržby a náklady byly uznány chybně.
, /PRNewswire/ -- Bleichmar Fonti & Auld LLP ("BFA") announces it has filed a securities fraud class action against Hub Group, Inc. ("Hub Group" or the "Company") and certain of the Company's senior executives and directors. The class action lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"). The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 26-cv-07596.
What is the Hub Group Class Action Lawsuit About?
Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. The Company services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Company's drivers of financial results and growth.
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
What are my Rights?
Not later than August 28, 2026, which is the first business day after 60 days from the date of the publication of this notice, any member of the purported class may move the Court to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed class. The ability to share in any potential future recovery is not dependent on serving as Lead Plaintiff.
About BFA Law
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Cohen & Steers Quality Income Realty Fund oznámil odhad červnové distribuce 0,0900 USD na akcii, v plné výši z běžného investičního výnosu. Od začátku roku činí distribuce 0,5400 USD na akcii.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share Amount
% of Current Distribution
Per Share Amount
% of 2026 Distributions
Net Investment Income
$0.0900
100.00 %
$0.1090
20.19 %
Net Realized Short-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Net Realized Long-Term Capital Gains
$0.0000
0.00 %
$0.4310
79.81 %
Return of Capital (or other Capital Source)
$0.0000
0.00 %
$0.0000
0.00 %
Total Current Distribution
$0.0900
100.00 %
$0.5400
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
14.32 %
Cumulative Distribution Rate2
4.04 %
Five-year period ending May 31, 2026
Average Annual Total Return3
5.18 %
Current Annualized Distribution Rate4
8.09 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
Cohen & Steers Total Return Realty Fund uvedl, že červnová distribuce ve výši 0,0800 USD na akcii bude z 77,88 % tvořena čistým investičním výnosem. Od začátku roku tvoří 64,63 % výplaty návrat kapitálu.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share
Amount
% of Current
Distribution
Per Share
Amount
% of 2026
Distributions
Net Investment Income
$0.0623
77.88 %
$0.1540
32.08 %
Net Realized Short-Term Capital Gains
$0.0158
19.75 %
$0.0158
3.29 %
Net Realized Long-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Return of Capital (or other Capital Source)
$0.0019
2.37 %
$0.3102
64.63 %
Total Current Distribution
$0.0800
100.00 %
$0.4800
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
10.28 %
Cumulative Distribution Rate2
4.06 %
Five-year period ending May 31, 2026
Average Annual Total Return3
4.16 %
Current Annualized Distribution Rate4
8.13 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31,
2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV
over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage
of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
AeroVironment po zveřejnění výsledků za 4. fiskální čtvrtletí 2026 vzrostl o 19 %; EPS 1,84 USD i tržby 642 milionů USD překonaly odhady. Funded backlog stoupl na 1,2 miliardy USD.
Aerovironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million versus an analyst estimate of $559 million.
CEO Wahid Nawabi said in a release that AeroVironment is well positioned to benefit from the rising global demand in drones, counter-drones and space technology.
AeroVironment's funded backlog of $1.2 billion was up 65% over last year, but only slightly above the $1.1 billion backlog reported in the prior period. Autonomous systems revenue of $492 million handily beat the $402 million StreetAccount expectation.
Nawabi told CNBC's Morgan Brennan during a recent exclusive tour of the company's Simi Valley, California, facility that the fundamentals of warfare have changed due to the recent conflicts in Ukraine and Iran.
"We knew that this inflection point was going to happen sooner or later," he said, "and these last couple of conflicts that have become globally well known has essentially brought this thing to the forefront."
Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomAeroVironment posted net income of $63.17 million during Q4 2026, or $1.25 per share. A year ago, the company posted net income of $16.66 million, or 59 cents per share.
The dronemaker expects fiscal year 2027 revenue in the range of $2.13 billion and $2.23 billion, with LSEG expecting $2.17 billion. The company's guidance for adjusted 2027 EPS called for a range of between $3.02 and $3.34, while LSEG expectations were for $3.94 per share.
The company's shares are down more than 40% this year, but with the U.S. Defense Department budget for drones alone set to possibly top $75 billion next year, there is a huge opportunity ahead.
"Not only the U.S. Department of War, but all of our allies are behind the eight ball in terms of adoption and deployment," Niwabi told CNBC.
"Now we're playing catch up. Our military is playing catch up in a very fast pace," he added.
June 29, 2026 16:20 ET | Source: Vishay Intertechnology, Inc.
MALVERN, Pa., June 29, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (the “Company,” “Vishay”) (NYSE: VSH) today announced that it has commenced an underwritten public offering of $750.0 million of shares of its common stock. In connection with the proposed offering, Vishay expects to grant the underwriters a 30-day option to purchase up to an additional $112.5 million of shares of its common stock. All of the shares are being offered by Vishay. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering.
Vishay intends to use the net proceeds from the proposed offering to accelerate its growth initiatives and for general corporate purposes, including to reduce current borrowings under its senior secured credit facility. J.P. Morgan is acting as lead book-running manager for the proposed offering. Needham & Company, Oppenheimer & Co., Raymond James, TD Cowen and Truist Securities are also serving as book-running managers. Fifth Third Securities, MUFG, Santander and UniCredit are serving as co-managers.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2026 and automatically became effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering have been filed with the SEC and are available for free on the SEC’s website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering may be obtained, when available from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected] and [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and healthcare markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH).
Forward-Looking Statements
This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, whether or not Vishay will offer the common stock or consummate the offering, the anticipated terms of the offering, the anticipated use of the proceeds from the offering, and the risks set forth under the heading “Risk Factors” in Vishay’s Annual Report on Form 10-K for the year ended December 31, 2025, most recent Form 10-Q and other reports filed from time to time with the SEC. Vishay does not undertake any obligation to publicly update any forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law.
The DNA of tech® is a trademark of Vishay Intertechnology.
Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300
Senátor Angus King vyzval amerického regulátora, aby zamítl plánovanou akvizici Dominion Energy společností NextEra za 66,8 miliardy USD. Podle něj by spojení soustředilo příliš velkou moc v jedné firmě.
Committee member of the Senate Armed Services Committee, U.S. Senator Angus S. King Jr. (I-ME), attends a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget... Purchase Licensing Rights, opens new tab Read more
CompaniesNEW YORK, June 29 (Reuters) - U.S. Senator Angus King is urging the country's top energy regulator to reject NextEra Energy's (NEE.N), opens new tab proposed $66.8 billion acquisition of Dominion Energy (D.N), opens new tab, saying the deal would consolidate too much power in the hands of one company, a filing on Monday showed.
The country has seen a spate of giant power mergers in recent years with the rise of electricity demand after a roughly two-decade-long lull, driven by the expansion of energy-intensive data centers and the electrification of industries like transportation.
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Last month, NextEra announced its plan to buy Dominion to create the world's largest regulated electric utility, in what would be one of the all-time biggest mergers of its kind. Virginia-based Dominion serves the largest concentration of data centers globally.
In a letter to the Federal Energy Regulatory Commission, King, from Maine, said the massive utility formed by the consolidation would deter competition in a territory that would affect more than 10 million people.
"A single firm with that mix of merchant generation, regulated generation, transmission, and load-pocket exposure has powerful incentives and tools to shape regional markets in its favor," King said, citing the 110 gigawatts of electric-generating capacity between the two companies, the most natural gas-fired power and second-largest nuclear operations in the country.
King said NextEra has already stymied clean energy power competition through lobbying efforts in New England. He cited other business conduct concerns by the company that he said could ultimately raise prices for consumers.
NextEra was not immediately available for comment.
Reporting by Laila Kearney in New York; Editing by Liz Hampton and David Gaffen
Our Standards: The Thomson Reuters Trust Principles., opens new tab
FS KKR Capital Corp. dokončila emisi preferenčních konvertibilních akcií za 150 milionů USD, kterou koupila KKR Alternative Assets L.P. Výnosy chce použít na obecné firemní účely, včetně odkupu akcií nebo splácení dluhu.
, /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced it has closed its previously announced $150 million issuance of cumulative convertible perpetual preferred stock (the "Convertible Preferred Stock"), purchased by KKR Alternative Assets L.P., a subsidiary of KKR. The Company intends to use the proceeds from the issuance for general corporate purposes, including funding its common stock repurchase program or for debt repayment.
The Convertible Preferred Stock will pay dividends of 5.00% per annum in cash, or, at the Company's option, 7.00% per annum in PIK dividends. After the 5.5-year anniversary of the issue date, the dividend rate will increase annually by 1.00% per annum. The Convertible Preferred Stock ranks junior to all existing indebtedness of the Company and senior to the Company's common stock.
The Convertible Preferred Stock may be redeemed by the Company at any time in cash and, after three years, if the then-current 30-day VWAP of the Company's common stock on the New York Stock Exchange is equal to or above the conversion price then in effect, the Company may redeem the Convertible Preferred Stock by delivering shares of the Company's common stock in lieu of cash. The initial conversion price is $18.83 per share (the Company's net asset value per share as of March 31, 2026) and is subject to customary adjustments, including certain anti-dilution protections. At the option of the holders of the Convertible Preferred Stock, after six months, the Convertible Preferred Stock may be converted into the Company's common stock at the conversion price then in effect and, after six years or in the event of certain other events, the Convertible Preferred Stock may be redeemable in cash.
The holders of the Convertible Preferred Stock are entitled to vote on an as-converted basis on all matters submitted to a vote of the Company's stockholders and have the right, voting separately as a single class, to elect two members of the Company's board of directors. Holders of a majority of the outstanding shares of Convertible Preferred Stock have the option to require the Company to redeem all of the outstanding shares of Convertible Preferred Stock upon the occurrence of certain changes of control.
The shares of Convertible Preferred Stock were offered in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"). These securities have not and will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, as applicable.
About FS KKR Capital Corp.
FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. FSK is advised by FS/KKR Advisor, LLC. For more information, please visit www.fskkrcapitalcorp.com.
About FS/KKR Advisor, LLC
FS/KKR Advisor, LLC (FS/KKR) is a partnership between Future Standard and KKR Credit that serves as the investment adviser to FSK and other business development companies.
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and over $94 billion in assets under management, we back the business owners and financial sponsors that drive growth and innovation across the middle market, transforming untapped potential into durable value1.
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com.
Forward-Looking Statements and Important Disclosure Notice
This press release contains forward-looking statements that are not historical facts, including, without limitation, statements with regard to future events or FSK's future performance or financial condition, statements regarding share repurchase activity and FSK's intended use of proceeds from the issuance of the Convertible Preferred Stock, and the financial position, business strategy and plans and objectives of management for FSK's future operations. Words such as "anticipate," "believe," "expect," and "intend" indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are not guarantees of performance or events and are subject to risks, uncertainties and other factors, some of which are beyond FSK's control and difficult to predict and could cause actual results or future events to differ materially from those expressed or forecasted in the forward-looking statements for any reason, including those factors set forth in "Item 1A. Risk Factors" in FSK's Annual Report on Form 10-K. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results or events to differ materially from those projected in these forward-looking statements. Factors that could cause actual results or events to differ materially include, without limitation, changes in the economy, geo-political risks, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, natural disasters or pandemics, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. In addition, the FSK board-authorized share repurchase program does not require FSK to repurchase any specific number of shares of FSK's common stock. There is no assurance that FSK or any of its affiliates will purchase shares of its common stock at any specific discount levels or in any specific amounts or that the market price of FSK's common stock, either absolutely or relative to net asset value, will increase as a result of any share repurchases, or that any repurchase plan will enhance stockholder value over the long term. These forward-looking statements included in this press release are based on information available as of the date hereof and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Except as required by the federal securities laws, FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors should not place undue reliance on these forward-looking statements.
The press release above contains summaries of certain financial and statistical information about FSK. The information contained in this press release is summary information that is intended to be considered in the context of FSK's SEC filings and other public announcements that FSK may make, by press release or otherwise, from time to time. FSK undertakes no duty or obligation to update or revise the information contained in this press release. In addition, information related to past performance, while helpful as an evaluative tool, is not necessarily indicative of future results, the achievement of which cannot be assured. Investors should not view the past performance of FSK, or information about the market, as indicative of FSK's future results.
Contact Information:
Investor Relations Contact
Caitlin Welch
[email protected]
Future Standard Media Team
Marc Hazelton
[email protected]
_________________________________
1 Total AUM estimated as of March 31, 2026. References to "assets under management" or "AUM" represent the assets managed by Future Standard or its strategic partners as to which Future Standard is entitled to receive a fee or carried interest (either currently or upon deployment of capital) and general partner capital. Future Standard calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of Future Standard's investment funds; (ii) uncalled investor capital commitments to these funds, including uncalled investor capital commitments from which Future Standard is currently not earning management fees or carried interest; (iii) the value of outstanding CLOs; (iv) the fair value of FS KKR Capital Corp. joint venture (JV) assets and (v) the fair value of other assets managed by Future Standard. Future Standard's calculation of AUM may differ from the calculations of other asset managers and, as a result, Future Standard's measurements of its AUM may not be comparable to similar measures presented by other asset managers. Future Standard's definition of AUM is not based on any definition of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated pursuant to any regulatory definitions.
Teradyne, Inc. (TER) gained 3,163% since last first outlier inflow signal in March 1995.
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TER designs, develops, and manufactures automated test equipment for semiconductors and electronics as well as advanced robotics systems, meaning it’s an important AI player. The company’s first-quarter fiscal 2026 report showed $1.28 billion in revenue (87% year-over-year growth, nearly 70% of revenue is AI-related), non-GAAP per-share earnings of $2.56 (up 318% over the year prior), as well as second-quarter 2026 revenue and non-GAAP EPS guidance of up to $1.25 billion and $2.15, respectively.
No wonder TER shares are up 117% this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Teradyne Attracting Big Money Institutional volumes reveal plenty. In the last year, TER has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in TER shares. They reflect our proprietary inflow signal, pushing the stock higher:
Source: www.moneyflows.com Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Teradyne.
Teradyne Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, TER has had strong sales growth and profits:
Also, EPS is estimated to ramp higher this year by +34.7%.
Now it makes sense why the stock has been generating Big Money interest. TER has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
Teradyne has been a top-rated stock at MoneyFlows for years. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s had 65 Big Money outlier inflow signals since 1995 and is up 4,329% in that time. The blue bars below show when TER was a top pick in the last decade…institutions keep buying:
Source: www.moneyflows.com Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Teradyne Price Prediction The TER action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in TER at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights.
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Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.
Gulfport Energy koupila v Ohiu zhruba 4 700 čistých nezastavěných akrů v jádru Utiky za přibližně 83,0 milionu USD. Přidává tím asi 16 čistých lokalit s těžbou od roku 2027.
OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) today announced the successful acquisition of approximately 4,700 net undeveloped acres in the core of the Ohio Utica in Belmont County, Ohio, through the Ohio Oil and Gas Land Management Commission State Land Lease Sale for a total purchase price of approximately $83.0 million.
Key Highlights
Large, contiguous acquisition of approximately 4,700 net undeveloped acres secured in a highly competitive lease sale environment, adjacent to existing operations and recently acquired discretionary acreage High-quality core acreage position expected to drive development efficiency, unlock operational synergies and maximize utilization of existing infrastructure and midstream capacity Located in the highly productive, liquids-rich Utica wet gas window and represents a core, top-tier area of Gulfport’s acreage Adds approximately 16 net locations (normalized to 15,000’ laterals), with locations concentrated in the highest-return tier of our development opportunities Development expected to commence in 2027, with forecasted returns at the top end of our portfolio, highlighting the strong economic profile and immediate actionability of the acquired acreage Total purchase price of approximately $83.0 million equates to approximately $17,500 per net acre or $5.1 million per net location (normalized to 15,000’ laterals) Strong financial position supports the acquisition, funded through cash on hand and available capacity under Gulfport’s revolving credit facility Nick Dell’Osso, Gulfport’s President and Chief Executive Officer, commented, “The Ohio state land lease acquisition represents a highly strategic bolt-on to our core Utica position, adding a large, contiguous block of acreage adjacent to our existing best-in-class Utica gas inventory, further underscoring the strategic nature of this investment. The position lies in the fairway of the highly productive, liquids-rich Utica wet gas window and offers the highest-return opportunities in our portfolio, extending our liquids runway while enhancing the depth and flexibility of our development program across commodity cycles.”
“As Gulfport has consistently demonstrated, we are focused on disciplined capital allocation and investing in opportunities that drive value creation. Our strong balance sheet enables us to execute this acquisition while maintaining financial strength and we are committed to continuing to build net asset value and delivering durable, long-term returns for our shareholders,” Dell’Osso concluded.
About Gulfport
Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.
Forward Looking Statements
This press release includes “forward-looking statements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements regarding Gulfport’s current expectations, management's outlook guidance or forecasts of future events, projected cash flow and liquidity, inflation, share repurchases and other return of capital plans, its ability to enhance cash flow and financial flexibility, future production and commodity mix, plans and objectives for future operations, the ability of our employees, portfolio strength and operational leadership to create long-term value and the assumptions on which such statements are based. Gulfport believes the expectations and forecasts reflected in the forward-looking statements are reasonable, Gulfport can give no assurance they will prove to have been correct. They can be affected by inaccurate or changed assumptions or by known or unknown risks and uncertainties. Important risks, assumptions and other important factors that could cause future results to differ materially from those expressed in the forward-looking statements are described under "Risk Factors" in Item 1A of Gulfport’s annual report on Form 10-K for the year ended December 31, 2025 and any updates to those factors set forth in Gulfport's subsequent quarterly reports on Form 10-Q or current reports on Form 8-K (available at https://www.gulfportenergy.com/investors/sec-filings). Gulfport undertakes no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.
Investors should note that Gulfport announces financial information in SEC filings, press releases and public conference calls. Gulfport may use the Investors section of its website (www.gulfportenergy.com) to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on Gulfport’s website is not part of this filing.
Nejdůležitější metrikou pro Alphabet je backlog Google Cloud, který se mezičtvrtletně téměř zdvojnásobil na 462 miliard USD. Firma uvedla, že přes 50 % tohoto objemu nevyřízených zakázek uzná jako tržby během příštích 24 měsíců.
Since hitting a fresh all-time high in May, Alphabet (GOOGL +4.79%) (GOOG +4.94%) shares have traded 15% lower (as of June 25). However, they have still more than doubled in the past 12 months.
At this point, investors probably don't need much convincing to buy this "Magnificent Seven" stock. It's a dominant force in the internet economy. And it's in a great position to benefit from the artificial intelligence (AI) boom.
While there are numerous data points that can help investors gauge the company's performance, here's the most important metric to follow right now.
Image source: The Motley Fool.
Investors' heads are in the clouds Because of Google Cloud, Alphabet is considered a hyperscaler. The segment builds data centers and delivers computing, storage, and networking solutions to enterprise clients. Its success has been notable in recent years. The cloud platform is becoming a bigger contributor to the company's overall financial success.
During the first quarter, Google Cloud's revenue soared 63% year over year to $20 billion, marking a notable acceleration compared to the 48% increase in Q4 2025 and 28% rise in the first quarter of 2025. Q1 operating income jumped 203%.
But the most important number investors should keep tabs on is Google Cloud's backlog, which almost doubled quarter over quarter to $462 billion. That's almost six times greater than the $80 billion in annualized revenue for the entire segment. It's obvious that the AI tools and infrastructure that Google Cloud is able to offer have incredible demand from enterprise customers.
"We expect to recognize just over 50% of the backlog as revenue over the next 24 months," CFO Anat Ashkenazi said on the Q1 2026 earnings call.
Investors should look at the details. Data from August 2023 revealed that 70% of generative AI unicorns (valuations of at least $1 billion) were customers, whose business models are probably unproven. However, Google Cloud's roster also includes established non-tech leaders like Home Depot, Wells Fargo, and Unilever, raising the quality of the customer base.
Today's Change
(
4.79
%) $
16.16
Current Price
$
353.55
What is the market thinking about? Google Cloud's first-quarter revenue and operating income represented 18.2% and 16.6%, respectively, of Alphabet's total. These figures are small today, but they have climbed dramatically. In my view, this segment is what the market is most focused on these days. Consequently, Google Cloud's performance likely has a huge impact on Alphabet's stock valuation.
This is precisely why it's critical to pay attention to how the segment's backlog changes in the future. If it continues to grow, it's a clear signal that Alphabet's enormous capital expenditures, set to total $185 billion (at the midpoint) this year and expected to increase meaningfully in 2027, are justified.
If the backlog shrinks or growth starts to moderate, the market will get jittery. And this could quickly hit the stock price. Investors will begin to wonder if all the AI-related spending will produce an adequate return.
Společnost Tilray Brands kupuje HelloMD, aby posílila přímý přístup k pacientům a vytvořila plně vertikálně integrovaný ekosystém lékařského konopí v Kanadě. Akvizice rozšíří digitální zdravotní platformu a podporu pacientů.
NEW YORK and TORONTO, June 29, 2026 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. (NASDAQ: TLRY; TSX: TLRY) (“Tilray”), a global leader in medical cannabis, today announced the acquisition of HelloMD Corporation, a digital healthcare and patient engagement platform that expands Tilray’s direct-to-patient capabilities, creates a fully vertically integrated medical cannabis framework for Tilray in Canada, and advances its global medical cannabis growth strategy. Tilray was the successful bidder in HelloMD’s formal sale process and plans to acquire HelloMD’s Canadian medical cannabis assets following formal Court approval on June 29, 2026.
The acquisition will strengthen Tilray’s global medical cannabis platform by expanding direct-to-patient capabilities, enhancing physician and patient education, and deepening engagement across the care journey, while establishing an integrated Canadian framework that connects quality cultivation, clinical expertise, practitioner support, product access, and fulfillment.
As medical cannabis becomes a more established part of healthcare, Tilray is building an integrated care model that supports patients from education and physician consultations to product access, fulfillment, and ongoing support. Historically, medical cannabis has often been considered later in a patient’s care journey. With the appropriate resources and clinical support, HelloMD provides Tilray with a platform to help engage eligible patients earlier through education, practitioner access, and trusted guidance, expanding awareness of regulated, plant-based medical cannabis options as part of a broader approach to natural health and wellness.
HelloMD has supported hundreds of thousands of patients through telehealth consultations, educational resources, and personalized medical cannabis guidance. Its platform complements Tilray’s global healthcare infrastructure, including EU-GMP certified cultivation and manufacturing, pharmaceutical distribution through CC Pharma, medical cannabis clinics, digital pharmacy capabilities, and patient access platforms across North America, Europe, Australia, and other international markets.
Blair MacNeil, President, Tilray Canada, said, “Medical cannabis is becoming a more integrated part of healthcare, and patients are looking for trusted, convenient access to care supported by education and guidance. By combining HelloMD’s digital healthcare platform with Tilray’s medical cannabis portfolio, clinical expertise, and national fulfillment capabilities, we are creating a more connected pathway for patients and healthcare practitioners in Canada. This acquisition establishes a fully vertically integrated medical cannabis framework for Tilray in Canada while strengthening our broader global platform, expanding patient engagement, practitioner support, and access in regulated medical markets. As adoption continues to grow, Tilray is well positioned to serve patients with high-quality medical cannabis solutions and healthcare services across the continuum of care.”
Larry Lisser, CEO, HelloMD, added, “From day one, our mission at HelloMD has been to make medical cannabis more accessible through innovative technology, approachable education, and trusted healthcare experiences. I’m incredibly proud of what our team built alongside our healthcare practitioners and business partners, and of how we scaled together to deliver meaningful outcomes for patients. I believe Tilray has the expertise, infrastructure, and drive to expand the platform’s reach and impact, benefiting patients for years to come.”
The acquisition is expected to enhance Tilray’s ability to deliver a more seamless patient experience, generate insights that support education and engagement, and expand access in regulated medical markets globally.
Tilray also sees an opportunity to broaden patient and consumer awareness in adjacent wellness categories, including sleep support and pain management, where over-the-counter products represent a multi-billion-dollar market in which Tilray is not meaningfully represented today. Subject to applicable regulations, Tilray intends to use HelloMD’s digital education and engagement capabilities to responsibly build awareness of regulated, plant-based medical cannabis alternatives among appropriate audiences seeking natural health solutions.
The acquisition reinforces Tilray’s commitment to advancing medical cannabis through innovation, patient engagement, scientific leadership, expanded global access, and the continued strengthening of HelloMD Corporation’s existing strategic partnerships to ensure continuity of care and sustained value for patients and healthcare practitioners. As Tilray grows its international medical business, the Company remains focused on delivering high-quality medical cannabis products and healthcare solutions to patients worldwide.
Financial terms of the transaction were not disclosed.
About HelloMD
HelloMD Corporation is a leading digital healthcare and patient engagement platform focused on medical cannabis education, physician consultations, and patient support services. Through its technology-driven approach, HelloMD helps patients navigate medical cannabis treatment with confidence and access trusted healthcare resources.
About Tilray Medical
Tilray Medical is dedicated to transforming lives and fostering dignity for patients in need through safe and reliable access to a global portfolio of medical cannabis brands, including Tilray Medical, Good Supply, Redecan, ARX, and Broken Coast. Tilray grew from being one of the first companies to become an approved licensed producer of medical cannabis in Canada to building the first GMP-certified cannabis production facilities in Europe, first in Portugal and later in Germany. Today, Tilray Medical is one of the largest suppliers of medical cannabis to patients, physicians, hospitals, pharmacies, researchers, and governments, in 20 countries and across five continents.
For more information on Tilray Medical, visit Tilray Medical Europe, Tilray Medical Canada, and Tilray Medical Australia-New Zealand.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things, the Company’s ability to commercialize new and innovative products worldwide. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. Forward‑looking statements in this communication also include statements regarding the Company’s market positioning, ability to meet evolving medical cannabis demand in regulated pharmaceutical environments, and expectations concerning the effectiveness of strategic partnerships. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
Nvidia oznámila tržby za 1. čtvrtletí fiskálního roku ve výši 81,6 miliardy USD, meziročně o 85 % více, a čistý zisk vzrostl o 211 % na 58,3 miliardy USD. Firma zároveň schválila další zpětný odkup akcií za 80 miliard USD nad rámec zbývajících 38,5 miliardy USD z předchozího programu.
Over the last five years, Nvidia (NVDA +1.30%) has been the quintessential millionaire-maker stock -- returning roughly 950% compared to the S&P 500's relatively modest gain of 74%. The company's powerful graphics processing units (GPUs) are the workhorses of the generative artificial intelligence (AI) industry. And its advantages in scale and technology have helped it stay ahead of the competition.
That said, Nvidia's stock price growth is beginning to stall as investors balk at its huge size and pivot to other sides of the AI infrastructure opportunity. Let's dig deeper to see if the company has what it takes to break out of its slump and continue generating market-beating returns.
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Business is still booming The generative AI megatrend shows no signs of slowing anytime soon. In fact, it may be heating up. Analysts at Evercore and Bank of America expect big tech's AI-related capital spending to exceed $1 trillion in 2027 -- up from around $800 billion to $900 billion this year. Most of this money is going to advanced hardware needed to run massive data centers.
Nvidia's chips remain highly relevant, which is reflected in the company's first-quarter earnings results. Revenue jumped 85% year over year to $81.6 billion, which is an incredible number for a business that is already so large. And as in previous quarters, overall growth was driven by growth in the company's data center segment, which recently announced exciting new offerings such as the Vera Rubin Platform, designed to facilitate the rise of agentic AI by removing processing bottlenecks.
Many industry watchers believe agentic AI represents the next phase of the technology. Unlike earlier AI systems, it is designed to independently plan and make decisions with limited human oversight, making it ideal for helping automate a variety of industries. And if the technology takes off as expected, it could help Nvidia maintain its elevated growth rate.
Management is returning value to shareholders Nvidia's success isn't limited to its top line. The company's technological edge gives it strong pricing power and operating leverage. Net income soared 211% year over year to $58.3 billion, and management is getting increasingly serious about returning much of it directly to shareholders.
As of May, Nvidia has increased its cash dividend from just $0.01 per share to $0.25 per share (a yield of around 0.5%). More importantly, management authorized an additional $80 billion in stock repurchases on top of the $38.5 billion remaining from its previous program.
Image source: Getty Images.
Investors tend to love buybacks because they reduce the number of a company's shares outstanding, giving every investor a higher claim on the company's future earnings and cash flow. They tend to encourage stock price growth and, unlike dividends, they aren't taxed as regular income, which can make a tremendous difference over the long term.
Nvidia's huge push toward buybacks marks a sharp divergence from other technology giants like Amazon, Microsoft, and Micron Technology, which are instead plowing cash back into AI-related capital expenditures like data centers or expanded production capacity. Nvidia's strategy is arguably less risky because it relies on internally generated cash instead of debt or dilution like some of the alternatives in the tech industry.
With a market cap of $4.72 trillion, Nvidia isn't a millionaire-maker stock anymore because, even in the best-case scenario, rapid multibagger growth seems unrealistic from such a high level. The company's sky-high margins will also eventually come down as customers substitute in-house solutions for Nvidia products and rivals catch up technologically.
That said, with a forward price-to-earnings (P/E) multiple of just 22.7, most of these challenges are already priced into Nvidia's valuation. And management's aggressive buyback policy will benefit shareholders over the long haul. Investors should view Nvidia stock as a value-oriented pick in the AI industry instead of a big growth opportunity.
Verizon oznámil společný podnik s BT Group a ve 2. čtvrtletí zaúčtuje ztrátu 700 až 800 milionů USD. Akcie zároveň tlačilo i vyřazení z indexu Dow Jones Industrial Average.
Shares of Verizon (VZ 5.11%) fell on Monday, down as much as 8.1%, before recovering to a 5.8% decline as of 1:54 p.m. EDT.
There was a spate of news for Verizon today. First, the company announced it would spin off its international enterprise-focused operations into a joint venture with BT Group (OTC: BTGO.F), while also announcing headcount reductions and severance charges as part of its own cost-cutting initiatives.
Additionally, rival and partner Comcast (CMCSA +4.53%) announced its intentions to separate its broadband and mobile services from its NBCUniversal and Sky media properties. There was also a report over the weekend that Space Exploration Technologies (SPCX +7.18%) was in discussions with Charter Communications (CHTR +9.50%) to use its terrestrial network for a mobile phone service.
Finally, today was the first day Verizon began trading outside of the Dow Jones Industrial Index.
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A busy day for Verizon, but not in a good way All of these factors could be playing into Verizon's decline today, though it's not clear exactly which news item contributed, or by how much.
As part of the new joint venture with BT Group, Verizon will contribute $625 million in cash to the new entity and will also record a loss of $700 million to $800 million in the second quarter. These are the negatives of the spin-off-and-sale. However, Verizon also noted the transaction should be accretive to second-quarter adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), likely due to large expense cuts.
Meanwhile, Comcast rose on the news of its separation, and Charter rose on the news of its talks with SpaceX. Professional investors or ETFs that track telecom stocks could be selling other names in the group, such as Verizon, to raise funds to buy Comcast and Charter shares. Comcast's stock is down over 25% over the past year; Charter's stock is down a stunning 63%; and Verizon posted a small gain. Therefore, investors may be selling more fully valued Verizon shares to buy Comcast or Charter.
As for the SpaceX-Charter speculation, investors might see it as a competitive threat to Verizon's traditional mobile offering. However, it should also be noted that Charter actually uses Verizon's network on a wholesale basis to power its mobile offerings. So, the competitive implications of a potential SpaceX service, if it even happens, are more complicated.
Image source: Getty Images.
Finally, Verizon was removed from the Dow Industrial Average, replaced by Alphabet (GOOG +4.94%) (GOOGL +4.79%). The move was announced last week, but today was the first trading day in which Verizon traded outside the Dow. That could have led to selling pressure from index funds that track the index.
Verizon remains a dividend play, but watch out for disruption Despite today's downturn, Verizon's fundamentals haven't changed much. It is still part of a U.S. oligopoly of mobile wireless telecoms that dominate the industry. There isn't much growth there, but Verizon does pay a hefty 6.1% dividend.
However, there's a big trade-off for that nice dividend yield. Verizon doesn't have that much growth ahead of it, and it faces intense competition even with its traditional rivals. Add in the uncertainty over a potential SpaceX entry into the mobile industry, and Verizon's stock price seems capped for the foreseeable future.
W. P. Carey nacenila emisi seniorních nezajištěných dluhopisů v objemu 350 milionů USD s kuponem 5,200 % splatných v roce 2036. Výnos z emise použije na splacení 350 milionů USD nesplacené jistiny svých dluhopisů s kuponem 4,250 % splatných v říjnu 2026 a na další firemní účely.
, /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC, the "Company") announced today that it has priced an underwritten public offering of $350 million aggregate principal amount of 5.200% Senior Notes due 2036 (the "Notes"). The Notes were offered at 99.015% of the principal amount.
Interest on the Notes will be paid semi-annually on March 15 and September 15 of each year, beginning on March 15, 2027. The offering of the Notes is expected to settle on July 2, 2026, subject to customary closing conditions. The Company intends to use the net proceeds from the offering to repay the $350 million in aggregate principal amount outstanding of its 4.250% Senior Notes due October 2026 and for other general corporate purposes, including to fund potential future investments and to repay certain other indebtedness, including amounts outstanding under its unsecured revolving credit facility.
Wells Fargo Securities, LLC, RBC Capital Markets, LLC, U.S. Bancorp Investments, Inc. and BBVA Securities Inc. acted as joint book-running managers for the Notes offering.
A registration statement relating to the Notes has been filed with the Securities and Exchange Commission (the "SEC") and has become effective under the Securities Act of 1933, as amended (the "Securities Act"). The offering is being made by means of a prospectus supplement and prospectus. Before making an investment in the Notes, potential investors should read the prospectus supplement and the accompanying prospectus for more complete information about the Company and the offering. Potential investors may obtain these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, potential investors may obtain copies, when available, by contacting: Wells Fargo Securities, LLC toll-free at 1-800-645-3751, RBC Capital Markets, LLC toll-free at 1-866-375-6829 or U.S. Bancorp Investments, Inc. toll free at 1-877-558-2607.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offer or sale of the Notes will be made only by means of a prospectus supplement relating to the offering and the accompanying prospectus.
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,703 net lease properties covering approximately 185 million square feet as of March 31, 2026. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations.
Forward-Looking Statements
Certain of the matters discussed in this communication constitute forward-looking statements within the meaning of the Securities Act and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The forward-looking statements include, among other things, statements regarding: expectations regarding the use of proceeds of this offering and the settlement date. Forward looking statements are generally identified by the use of words such as "may," "will," "should," "would," "will be," "will continue," "will likely result," "believe," "project," "expect," "anticipate," "intend," "estimate," "opportunities," "possibility," "strategy," "plan," "maintain" or the negative version of these words and other comparable terms. These forward-looking statements include, but are not limited to, statements that are not historical facts.
These statements are based on the current expectations of the Company's management, and it is important to note that the Company's actual results could be materially different from those projected in such forward-looking statements. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Other unknown or unpredictable risks or uncertainties which include, among others, the risks related to fluctuating interest rates, the impact of inflation and tariffs on our tenants and us, the effects of pandemics and global outbreaks of contagious diseases, and domestic or geopolitical crises (such as terrorism, military conflict, war or the perception that hostilities may be imminent), political instability or civil unrest, or other conflict, and those additional risk factors discussed in reports that we have filed with the SEC, could also have material adverse effects on our business, financial condition, liquidity, results of operations, and prospects. You should exercise caution in relying on forward-looking statements as they involve known and unknown risks, uncertainties, and other factors that may materially affect our future results, performance, achievements, or transactions. Information on factors that could impact actual results and cause them to differ from what is anticipated in the forward-looking statements contained herein is included in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, as filed with the SEC on April 29, 2026, as well as in the Company's filings with the SEC, including but not limited to those described in Part I, Item 1A. Risk Factors in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 11, 2026. Moreover, because the Company operates in a very competitive and rapidly changing environment, new risks are likely to emerge from time to time. Given these risks and uncertainties, potential investors are cautioned not to place undue reliance on these forward-looking statements as a prediction of future results, which speak only as of the date of this communication, unless noted otherwise. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company does not undertake any obligation to release publicly any revisions to the forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events.
Institutional Investors:
Peter Sands
212-492-1110
[email protected]
Dan Ives označil téměř 3 biliony USD výprodeje v Big Tech za příležitost k nákupu a tvrdí, že Microsoft, Oracle a Alphabet jsou „přeprodané“. Očekává, že červencové výsledky ukážou rychlejší monetizaci AI.
Dan Ives went on CNBC with a message for anyone watching Big Tech bleed out in June. Nearly $3 trillion in market cap has evaporated this month on AI capex skepticism, and Wedbush’s Global Head of Technology Research thinks the market has the story upside down. “These are way oversold names,” he said, naming Microsoft (NASDAQ:MSFT | MSFT Price Prediction), Oracle (NYSE:ORCL), and Alphabet (NASDAQ:GOOG).
MSFT stock is down 18% in the past month and 24% year to date. Meta Platforms (NASDAQ:META) is off 10.66% over the past month. Alphabet (NASDAQ:GOOGL) has shed 6.7% in a month despite still being up on the year. Oracle (NYSE:ORCL) is down 34% in a month. So what does Ives see that the tape doesn’t?
The bifurcated market thesis His framing is that this is a split tape, with capex-heavy hyperscalers punished while chip and memory names get rewarded. “It’s a bifurcated market. Those that are spending the capex, the Microsofts, the Metas, you know we’ve seen with Alphabet as well. Those are essentially in the penalty box right now. I mean, I see them getting treated almost like bear market stocks,” Ives told CNBC.
The penalty being assessed is for capex itself. Meta raised its 2026 capex guide to $125 to $145 billion. Microsoft spent $30.88 billion on capex in Q3 FY26, up 84.39% year over year. Alphabet’s 2026 capex guidance sits at $175 to $185 billion.
The market treats those numbers as cost without revenue. The numbers say otherwise. Microsoft’s AI business surpassed a $37 billion annual revenue run rate, up 123% year over year. Google Cloud grew 63% to $20.03 billion with backlog nearly doubling quarter on quarter to over $460 billion. Oracle’s cloud infrastructure revenue grew 93% to $5.79 billion with RPO at $638 billion, up 363% year over year.
That is monetization in the filings, while shares trade like the buildout is a money pit.
The memory supercycle and the winners The chip and memory side has been catching the bid Ives thinks should accrue to hyperscalers eventually. “It’s a memory supercycle. We’re talking about something that’s going to be for the next few years. This is not something that’s all of a sudden a boom and bust cycle,” he said.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Memory costs are up 90 to 95% this year, with equilibrium not expected for 18 to 24 months. That spills into hardware. Ives told CNBC iPhone prices could rise $150 to $200 across tiers as memory costs filter through, which matters because Apple (NASDAQ:AAPL) just posted a $111.18 billion March quarter on iPhone 17 strength.
NVIDIA (NASDAQ:NVDA) sits in the middle of this. Data Center revenue ran at $75.246 billion, up 92% year over year, and the company has booked $119 billion in total supply commitments. NVIDIA is still off 8% in the past month, but up 22% over the past year. The capex the market is punishing in Redmond and Menlo Park is the same capex flowing to Jensen Huang.
July earnings as the catalyst Ives’s timing argument hinges on the next four weeks. “I think this does start to reverse over the next 6 to 9 months, because as you see monetization, I think July, when we see earnings in terms of tech, that’s actually going to be a pretty big catalyst for the hyperscalers and big tech,” he said.
Microsoft reports July 29, 2026, the same day as Meta. Apple follows July 30. On Meta, Ives called it “a prove-me period for Zuck to show that the monetization is now going to start.”. On Alphabet, his read was that recent talent leakage to Anthropic was being overpriced as a threat. “Alphabet relative to losing a few engineers to Anthropic… I think that’s an overreaction,” he said. He expects the Mag-7 to be a significant outperformer in the second half.
If July earnings reports confirm AI revenue is compounding faster than capex is depreciating, the penalty box opens. If not, the bifurcation persists.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Realty Income stanovila cenu emise seniorních nezajištěných dluhopisů v objemu 600 milionů EUR s kupónem 3,625 % a splatností v červenci 2032. Čistý výtěžek použije na obecné firemní účely.
, /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of €600 million of 3.625% senior unsecured notes due July 30, 2032 (the "Notes"). The public offering price for the Notes was 99.518% of the principal amount for an effective annual yield to maturity of 3.716%.
The net proceeds from this offering will be used for general corporate purposes, which may include, among other things, the repayment or repurchase of our indebtedness, including borrowings under our revolving credit facilities and commercial paper programs, foreign currency swaps or other hedging instruments, the development, redevelopment and acquisition of additional properties, acquisition or business combination transactions, and the expansion and improvement of certain properties in our portfolio.
This offering is expected to close on July 7, 2026, subject to the satisfaction of customary closing conditions.
The active joint book-running managers for the offering are Barclays, BNP PARIBAS, RBC Capital Markets, Santander, and Wells Fargo Securities.
A copy of the prospectus supplement and prospectus, when available, related to this offering may be obtained by contacting: Barclays Bank PLC by telephone at 1-888-603-5847, BNP PARIBAS by telephone at +44 (0)20-7595-8222, RBC Europe Limited by telephone at +44 (0)20-7029-7031, Banco Santander, S.A. by telephone at +34-91-257-2029, and Wells Fargo Securities International Limited by telephone at 1-800-645-3751.
These securities are offered pursuant to a Registration Statement that has become effective under the Securities Act of 1933, as amended. These securities are only offered by means of the prospectus included in the Registration Statement and the prospectus supplement related to the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of these securities in any state or other jurisdiction where, or to any person to whom, the offer, solicitation, or sale of these securities would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Realty Income
Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies®. Founded in 1969, we serve our clients as a full-service real estate capital provider. As of March 31, 2026, we have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. We are known as "The Monthly Dividend Company®" and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 672 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats® index for having increased our dividend for over 31 consecutive years. Additional information about the company can be found at www.realtyincome.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, the words "estimate," "anticipate," "assume," "expect," "believe," "intend," "continue," "should," "may," "likely," "plan," "seek," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of our business, strategy, plans, and the intentions of management; joint ventures, partnerships and portfolio including management thereof; our platform; growth and capital strategies; and dividends, including the amount, timing and payments of dividends. Forward-looking statements are subject to risks, uncertainties, and assumptions about us which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms, structure and partners of such funding); volatility and uncertainty in the credit and financial markets; other risks inherent in real estate, private capital, credit and mezzanine investments, and joint ventures or co-investment ventures including solvency, defaults under leases, bankruptcies, potential liability relating to environmental matters, illiquidity of real estate investments (including rights of first refusal or rights of first offer), and potential damages from natural disasters; impairments in the value of our real estate assets; volatility and changes in domestic and foreign laws and the application, enforcement or interpretation thereof (including with respect to tax laws and rates); property ownership through co-investment ventures, funds, joint ventures, partnerships and other arrangements which, among other things, may transfer or limit our control of the underlying investments; epidemics or pandemics; the loss of key personnel; the threat and outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers, acquisitions, co-investment ventures, funds, joint ventures, partnerships, and other arrangements; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Past operating results and performance are provided for informational purposes and are not a guarantee of future results. There can be no assurance that historical trends will continue. Actual plans and results may differ materially from what is expressed or forecasted in this press release and forecasts made in the forward-looking statements discussed in this press release might not materialize. We do not undertake any obligation to update forward-looking statements or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances after the date these statements were made or to reflect the occurrence of unanticipated events.
The New England Journal of Medicine stáhl článek o klíčové klinické studii podporující schválení Amgenu pro Tavneos poté, co FDA zjistila, že data u devíti pacientů byla změněna a někteří výzkumníci nebyli zaslepeni.
The Amgen logo is seen in this illustration taken August 3, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - The New England Journal of Medicine on Monday retracted an article on a pivotal clinical trial that supported approval of Amgen’s (AMGN.O), opens new tab rare-disease drug, citing concerns that patient outcome data were altered and that some researchers had been unblinded.
The journal said two academic authors of the 2021 study requested the retraction, opens new tab after a U.S. Food and Drug Administration investigation found results for nine patients were altered and some researchers were told which patients received the drug, Tavneos, and who did not.
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The changes were not disclosed in the article, said the journal.
An Amgen spokesperson said it "takes scientific integrity seriously and respects the role of journals in upholding the peer review process."
They said results of a "re-adjudication" of the trial's results by the Duke Clinical Research Institute "will be shared with the FDA as part of our hearing submission due by July 29 and submitted for publication. TAVNEOS remains on the market in the U.S."
In April, the FDA's Center for Drug Evaluation and Research (CDER) proposed withdrawing Tavneos' approval, citing a lack of proven effectiveness and false statements in its original application.
In March, the agency identified 76 cases of drug-induced liver injury with evidence suggesting a causal link to Tavneos, including seven cases of vanishing bile duct syndrome (VBDS), a rare condition that can cause permanent liver damage. Eight deaths were reported among those cases.
Tavneos was approved in October 2021 to treat a rare disease called severe active ANCA-associated vasculitis, which inflames small blood vessels and can damage organs like the kidneys and lungs.
Europe's drug regulator last week also recommended revoking the marketing authorization for the drug, citing concerns over the integrity of its trial data.
Amgen has signed up a research firm to independently review the data on Tavneos, as it seeks to prove the drug's benefits before a hearing with the FDA.
Reporting by Puyaan Singh in Bengaluru; Editing by Sahal Muhammed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Corteva oznámila složení představenstva pro Vylor, budoucí samostatně obchodovanou firmu v oblasti pokročilých semen a genetiky. Oddělení zůstává na cestě ve 4. čtvrtletí 2026.
Karen Grimes to be Chair; separation on track for 4Q 2026
, /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today the board of directors for Vylor Inc., the future publicly traded, advanced seed and genetics company that will result from the current company's planned separation.
Karen Grimes will lead the board as Independent Chair. Grimes joined Corteva's board of directors in March 2021 and was previously senior managing director, partner, and equity portfolio manager at Wellington Management Company LLP, an investment management firm. She began her career as a field engineer in the Atlanta office at IBM after serving for three years in the U.S. Army. Grimes also serves as a director of Toll Brothers, Inc., a company that develops and builds luxury residential communities across the U.S., since March 2019.
"Vylor will be a company dedicated to leveraging its expertise in advanced seed and genetics to help farmers feed and fuel the world. I look forward to working with my fellow directors as well as the Vylor senior management team to accelerate the company's growth and impact – and continue to deliver results for shareholders," said Grimes.
The appointments to the board of seven directors will be effective at separation, which remains on track for the fourth quarter of 2026. A search is ongoing for at least one additional board member.
The Future Vylor Board of Directors
Karen Grimes, retired partner, senior managing director and equity portfolio manager, Wellington Management Company, non-executive chair of the board Victor Aguilar, chief research, development and innovation officer, The Procter & Gamble Company Rajesh "Raj" Kalathur, Rajesh "Raj" Kalathur, former president, John Deere Financial, former chief information officer and chief financial officer, Deere & Company Marcos Lutz, chairman, former chief executive officer, Ultrapar Participacões S.A. Chuck Magro, future chief executive officer, Vylor Johannes "Jannie" J. Oosthuizen, executive vice president and president, oncology and MSD International, Merck & Co., Inc. Kerry Preete, retired executive vice president and chief strategy officer, Monsanto Company Vylor's innovation engine will be anchored in the agriculture industry's most elite germplasm and transformative biotech. The company will leverage its next generation scientific expertise in disciplines like gene editing and molecular breeding to further strengthen its core business while exploring opportunities to expand to new row crops – and potentially beyond. Vylor will scale these innovations using its leading routes-to-market and by significantly expanding its licensing business.
About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.
Cautionary Statement on Forward-Looking Statements
This press release contains certain forward-looking statements. Words such as "will," "plan," "may," "expect," "see," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, Corteva's intent to separate and its related expectations for Corteva and Vylor. These forward-looking statements reflect management's current expectations and are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond Corteva's control.
Important factors that may affect Corteva's business and operations and that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, whether the objectives of the separation will be achieved; the terms, structure, benefits and costs of any action or transaction resulting from the separation; the timing of any such separation or related action and whether any such separation will be consummated at all; the risk that the announcement of the intended separation could have an adverse effect on the ability of Corteva to retain and hire key personnel and maintain relationships with customers, suppliers, employees, shareholders and other business relationships and on its operating results and business generally; the risk the separation could divert the attention and time of the company's management; the risk of any unexpected costs or expenses resulting from the separation process or separation itself; and the risk of any litigation relating to the separation, as well as the risks and uncertainties described in Corteva's risk factors, as they may be amended from time to time, set forth in its filings with the U.S. Securities and Exchange Commission. Corteva disclaims and does not undertake any obligation to update, revise, or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.
Digital Realty koupí od fondů spravovaných Blackstone většinový podíl ve třech plně pronajatých datových centrech v Severní Virginii za ocenění 7,8 miliardy USD. Zaplatí 3,5 miliardy USD, z toho 1,2 miliardy v hotovosti a 2,3 miliardy v akciích.
File Photo: A car drives past a building of the Digital Realty Data Center in Ashburn, Virginia, U.S., March 17, 2025. REUTERS/Leah Millis/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - Digital Realty (DLR.N), opens new tab said on Monday it would acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds (BX.N), opens new tab in a deal valuing the assets at $7.8 billion.
The acquisition strengthens Digital Realty's position in Northern Virginia, the world's largest data center market, where demand for capacity has surged as cloud computing and AI drive higher infrastructure needs.
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Under the deal, which is expected to close on June 30, Digital Realty will pay Blackstone-affiliated funds $3.5 billion for their blended 64% equity interest.
The consideration includes $1.2 billion in cash and $2.3 billion in Digital Realty shares, based on the company's last reported share price on June 29.
Reporting by Jaspreet Singh in Bengaluru; Editing by Vijay Kishore and Maju Samuel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
LITTLE ROCK, Ark., June 29, 2026 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that its Board of Directors has approved a stock repurchase program (the “Stock Repurchase Program”) authorizing the purchase of up to $200 million of outstanding common stock. The Stock Repurchase Program has received all necessary regulatory approvals and will become effective July 1, 2026, upon the expiration of the Bank’s current stock repurchase program, and will remain in effect through July 1, 2027, unless extended or shortened by the Board of Directors.
Under the Stock Repurchase Program, the Bank may repurchase shares of its common stock from time to time at prevailing market prices, through open market or privately negotiated transactions, or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 of the Securities Exchange Act of 1934 (the “Exchange Act”). In establishing parameters for repurchase price and share volume, management will consider a variety of factors including stock price, expected growth, capital position, alternative uses of capital, liquidity, financial performance, the current and expected macroeconomic environment, regulatory requirements and other factors. The Stock Repurchase Program does not obligate the Bank to repurchase any particular amount of common stock, and the program may be suspended, modified or discontinued at any time.
Under the previously approved stock repurchase program that expires on July 1, 2026, the Bank has repurchased 3.89 million shares of common stock for $176.6 million (including applicable federal excise tax) for an average price per share of $45.34.
GENERAL INFORMATION
Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations in more than 265 offices in nine states including Arkansas, Georgia, Florida, Texas, North Carolina, Tennessee, New York, California and Mississippi and had $41.7 billion in total assets as of March 31, 2026. For more information, visit ozk.com.
Super Micro Computer klesá po prohlídce tchajwanských úřadů v jeho kancelářích v rámci vyšetřování údajných pašovaných AI čipů NVIDIA do Číny. Akcie jsou za měsíc níže o 39 %.
Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) stock is down 8% to $28.15 in Monday afternoon trading after Taiwan authorities raided the company’s offices on the island as part of a widening investigation into alleged smuggling of NVIDIA (NASDAQ:NVDA) AI chips into China. The raid marks a significant escalation in Taiwan’s enforcement of chip export controls.
The move extends a difficult stretch for Super Micro Computer, which is now down 39% over the past month. NVDA is trading modestly higher, up 1%, with the chip designer relevant here only because its AI accelerators sit at the center of the probe.
The raid marks one of Taiwan’s most visible export-control actions to date and reintroduces regulatory risk that investors had hoped was contained to earlier disclosures. Shares of Super Micro Computer reacted sharply on the news.
Taiwan Raid Reignites Export-Control Worries According to reports from Bloomberg and Stocktwits, Taiwan’s Keelung District Prosecutors Office searched the residences of six individuals and the sites of three affiliated companies, with Super Micro Computer’s Taiwan office among the locations. Taiwanese data center operator Chief Telecom and Super Micro distributor Albatron Technology were also raided, with Albatron saying in an exchange filing there was no financial or operational impact.
The action builds on arrests in May, when three individuals were detained on charges of falsifying export documents tied to Super Micro servers carrying NVIDIA AI chips. Prosecutors allege the group sent at least one batch of NVIDIA chips to China via Japan and attempted to export around 50 servers that authorities seized before they left Taiwan.
Super Micro Computer has previously said it is cooperating with Taiwanese authorities, and being searched is part of an ongoing probe rather than a finding of wrongdoing. Still, the company’s Q3 FY2026 filing already flagged that results were preliminary and unaudited because the board is conducting an independent review of certain transactions related to export-control issues.
A Familiar Pressure Point for SMCI Stock Today’s slide deepens a tough run for Super Micro Computer shareholders. Super Micro Computer posted Q3 FY2026 revenue of $10.24 billion, up 123% year over year (YoY). The growth story has been overshadowed by a $8.8 billion debt and convertible note load and the regulatory cloud.
Wolfe Research captured the tension earlier in the month when it initiated Super Micro Computer stock at Peer Perform, citing “potential governance/regulatory risks stemming from a legal indictment related to illegal AI server shipments to China.” That framing now looks prescient given the new searches.
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CEO Charles Liang has continued to lean on the growth narrative, stating that “Supermicro’s transformation into a total datacenter infrastructure provider is accelerating.” The market response on Monday suggests investors want more clarity on compliance before re-rating Super Micro Computer stock.
Sector Context and Sentiment NVIDIA shares aren’t following SMCI lower, but the smuggling probe fits into a broader theme of tightening AI chip export enforcement. NVIDIA has already excluded China data center compute from its forward guidance, and Taiwan is reportedly weighing whether to criminalize AI chip exports to China, which would hand prosecutors more leverage.
Retail sentiment turned sharply negative on Super Micro Computer as the headlines broke. Reddit sentiment trackers on r/WallStreetBets registered very bearish readings of 18 during the initial reaction window, before stabilizing in the 25 to 28 range by the next morning.
What to Watch Next Investors can watch for whether Super Micro Computer issues a fresh statement on the Taiwan searches and whether the company’s independent board review yields updated findings ahead of the next earnings report. Headline-driven volatility in SMCI stock may persist while the probe expands.
For now, NVIDIA stock continues to trade on its own demand fundamentals. At the same time, Super Micro Computer stock carries the compliance risk that the broader AI hardware complex has so far avoided.
The next scheduled catalyst is Super Micro Computer’s estimated earnings report on August 4, in which management may be asked to address export controls directly. Shareholders should consider keeping their SMCI position sizes modest given the regulatory overhang and the company’s elevated debt load.
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Concentrix ve 2. čtvrtletí zvýšil tržby na 2 462,5 milionu USD a čistý zisk na 55,3 milionu USD, přičemž výsledky zůstaly v rámci výhledu. Provozní cash flow dosáhl rekordních 257,9 milionu USD.
Revenue and profit within guidance as reportedA record-high second quarter $258M in cash flow from operations, $242M in adjusted free cash flow iX Suite deals up 400% year over year
NEWARK, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal second quarter ended May 31, 2026.
Three Months Ended May 31, 2026 May 31, 2025 ChangeRevenue($M) $2,462.5 $2,417.4 1.9%Operating income($M) $95.4 $148.3 (35.7)%Non-GAAP operating income($M) (1) $292.0 $303.7 (3.9)%Operating margin 3.9% 6.1% -220 bpsNon-GAAP operating margin (1) 11.9% 12.6% -70 bpsNet income($M) $55.3 $42.1 31.4%Non-GAAP net income($M) (1) $168.6 $179.6 (6.1)%Adjusted EBITDA($M) (1) $347.4 $357.3 (2.8)%Adjusted EBITDA margin (1) 14.1% 14.8% -70 bpsDiluted earnings per common share $0.86 $0.63 36.5%Non-GAAP diluted earnings per common share (1) $2.63 $2.70 (2.6)%(1) See non-GAAP reconciliations included in the accompanying financial tables for the reconciliation of each non-GAAP measure to its most directly comparable GAAP measure.
Second Quarter Fiscal 2026 Highlights:
Revenue of $2,462.5 million, an increase of 1.9% year-on-year on an as reported basis compared to revenue of $2,417.4 million in the prior year second quarter. The Company grew revenue 0.6% year-on-year on a constant currency basis.Operating income of $95.4 million, or 3.9% of revenue, compared to $148.3 million, or 6.1% of revenue, in the prior year second quarter.Non-GAAP operating income of $292.0 million, or 11.9% of revenue, compared with $303.7 million, or 12.6% of revenue in the prior year second quarter.Adjusted EBITDA of $347.4 million, or 14.1% of revenue, compared with $357.3 million, or 14.8% of revenue in the prior year second quarter.Cash flow provided by operations was $257.9 million in the quarter. Adjusted free cash flow(1) was $242.3 million in the quarter.Diluted earnings per common share (“EPS”) was $0.86 compared to $0.63 in the prior year second quarter.Non-GAAP diluted EPS was $2.63 compared to $2.70 in the prior year second quarter. “Our second quarter marked an acceleration in many areas in the evolution of our business,” said Chris Caldwell, President and CEO of Concentrix. “Our blended AI and services approach is delivering value to clients by lowering their costs and increasing their revenue, helping us differentiate ourselves in the marketplace."
Quarterly Dividend and Share Repurchase Program:
The Company paid a $0.36 per share quarterly dividend on May 5, 2026. The Company’s Board of Directors has declared a quarterly dividend of $0.36 per share payable on August 4, 2026, to shareholders of record at the close of business on July 24, 2026.The Company did not repurchase any shares under its share repurchase program during the second quarter of fiscal year 2026. At May 31, 2026, the Company’s remaining share repurchase authorization was $396.6 million. Business Outlook:
The following statements are based on the Company’s current expectations for the third quarter and the full year fiscal 2026. Non-GAAP financial measures exclude the impact of acquisition-related, integration and restructuring expenses, amortization of intangible assets, depreciation, loss on held for sale, share-based compensation and the related tax effects thereon. The non-GAAP EPS guidance assumes no impact from changes in acquisition contingent consideration and foreign currency losses (gains), net included in other expense (income), net. These statements are forward-looking and actual results may differ materially.
Third Quarter Fiscal 2026 Expectations:
Third quarter reported revenue of $2.465 billion to $2.490 billion. Based on current exchange rates, these expectations assume an approximate 75-basis point negative impact of foreign exchange rates compared with the prior year period. The guidance implies constant currency revenue growth for the quarter ranging from 0.0% to 1.0%.Operating income of $121 million to $131 million and non-GAAP operating income of $295 million to $305 million.Non-GAAP diluted EPS of $2.65 to $2.77, assuming approximately 60.9 million diluted common shares outstanding and approximately 4.8% of net income attributable to participating securities.The effective tax rate is expected to be approximately 25%. Full Year 2026 Expectations:
Full year reported revenue of $9.925 billion to $10.025 billion. Based on current exchange rates, these expectations assume an approximate 75-basis point positive impact of foreign exchange rates compared with the prior year. The guidance implies constant currency revenue growth for the full year of 0.25% to 1.25%.Operating income of $509 million to $539 million and non-GAAP operating income of $1,200 million to $1,230 million.Non-GAAP diluted EPS of $10.83 to $11.18, assuming approximately 61.1 million diluted common shares outstanding and approximately 4.8% of net income attributable to participating securities.The effective tax rate is expected to be approximately 24.5%. In addition, the Company expects to generate approximately $630.0 million to $650.0 million of adjusted free cash flow in fiscal year 2026.
The Company believes that a quantitative reconciliation of the non-GAAP EPS outlook to the most directly comparable GAAP measure cannot be provided without unreasonable efforts due to (a) the inability to forecast future changes in acquisition contingent consideration, which is based, in part, on the future trading price of the Company’s common stock, and (b) the inability to forecast future foreign currency losses (gains), net included in other expense (income), net. For the same reason, the Company is unable to address the probable significance of the unavailable information, which may have a material impact on the Company’s GAAP results.
The Company believes that a quantitative reconciliation of the adjusted free cash flow outlook to the most directly comparable GAAP measure cannot be provided without unreasonable efforts due to uncertainty related to the future changes in the Company’s factoring program and related timing of those changes. For the same reason, the Company is unable to address the probable significance of the unavailable information, which may have a material impact on the Company’s GAAP results.
Conference Call and Webcast
The Company will host a conference call for investors to review its second quarter fiscal 2026 results today at 5:00 p.m. (ET)/2:00 p.m. (PT).
The live conference call webcast will be available in listen-only mode in the Investor Relations section of the Company’s website under “Events and Presentations” at https://ir.concentrix.com/events-and-presentations. A replay will also be available on the website following the conference call.
About Concentrix: Powering a World That Works
Concentrix Corporation (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world's best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2,000+ of the world’s most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we’re the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. To learn more, visit concentrix.com.
Use of Non-GAAP Information
In addition to disclosing financial results that are determined in accordance with GAAP, we also disclose certain non-GAAP financial information, including:
Constant currency revenue growth, which is revenue growth adjusted for the translation effect of foreign currencies so that certain financial results can be viewed without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons of our business performance. Constant currency revenue growth is calculated by translating the revenue of each fiscal year in the billing currency to U.S. dollars using the comparable prior year’s currency conversion rate in comparison to prior year’s revenue. Generally, when the U.S. dollar either strengthens or weakens against other currencies, revenue growth at constant currency rates or adjusting for currency will be higher or lower than revenue growth reported at actual exchange rates.Non-GAAP operating income, which is operating income, adjusted to exclude acquisition-related, integration and restructuring expenses, step-up depreciation, amortization of intangible assets, loss on held for sale and share-based compensation.Non-GAAP operating margin, which is non-GAAP operating income, as defined above, divided by revenue.Adjusted earnings before interest, taxes, depreciation, and amortization, or adjusted EBITDA, which is non-GAAP operating income, as defined above, plus depreciation (exclusive of step-up depreciation).Adjusted EBITDA margin, which is adjusted EBITDA, as defined above, divided by revenue.Non-GAAP net income, which is net income excluding the tax-effected impact of acquisition-related, integration and restructuring expenses, step-up depreciation, amortization of intangible assets, loss on held for sale, share-based compensation, certain debt costs, imputed interest related to the Sellers’ Note, certain legal settlement costs, change in acquisition contingent consideration and foreign currency losses (gains), net. Non-GAAP net income also excludes the income tax effect of certain tax law changes.Free cash flow, which is cash flows from operating activities less capital expenditures, and adjusted free cash flow, which is free cash flow excluding the effect of changes in the outstanding factoring balance. We believe that free cash flow is a meaningful measure of cash flows since capital expenditures are a necessary component of ongoing operations. We believe that adjusted free cash flow is a meaningful measure of cash flows because it removes the effect of factoring which changes the timing of the receipt of cash for certain receivables. However, free cash flow and adjusted free cash flow have limitations because they do not represent the residual cash flow available for discretionary expenditures. For example, free cash flow and adjusted free cash flow do not incorporate payments for business acquisitions.Non-GAAP diluted EPS, which is diluted EPS excluding the per share, tax-effected impact of acquisition-related, integration and restructuring expenses, step-up depreciation, amortization of intangible assets, loss on held for sale, share-based compensation, certain debt costs, imputed interest related to the Sellers’ Note, certain legal settlement costs, change in acquisition contingent consideration and foreign currency losses (gains), net. Non-GAAP EPS also excludes the per share income tax effect of certain tax law changes. Non-GAAP EPS also reflects a per share adjustment to exclude non-GAAP net income attributable to participating securities. We believe that providing this additional information is useful to the reader to better assess and understand our base operating performance, especially when comparing results with previous periods and for planning and forecasting in future periods, primarily because management typically monitors the business adjusted for these items in addition to GAAP results. Management also uses these non-GAAP measures to establish operational goals and, in some cases, for measuring performance for compensation purposes. These non-GAAP financial measures exclude amortization of intangible assets. Although intangible assets contribute to our revenue generation, the amortization of intangible assets does not directly relate to the services performed for our clients. Additionally, intangible asset amortization expense typically fluctuates based on the size and timing of our acquisition activity. Accordingly, we believe excluding the amortization of intangible assets, along with the other non-GAAP adjustments, which neither relate to the ordinary course of our business nor reflect our underlying business performance, enhances our and our investors’ ability to compare our past financial performance with our current performance and to analyze underlying business performance and trends. These non-GAAP financial measures also exclude share-based compensation expense. Given the subjective assumptions and the variety of award types that companies can use when calculating share-based compensation expense, management believes this additional information allows investors to make additional comparisons between our operating results and those of our peers. As these non-GAAP financial measures are not calculated in accordance with GAAP, they may not necessarily be comparable to similarly titled measures employed by other companies. These non-GAAP financial measures should not be considered in isolation or as a substitute for the comparable GAAP measures and should be used as a complement to, and in conjunction with, data presented in accordance with GAAP.
Safe Harbor Statement
This news release includes 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. Forward-looking statements include, but are not limited to, statements regarding the Company’s expected future financial condition, growth and profitability, results of operations, including revenue and operating income, cash flows, and effective tax rate, leverage and liquidity, capital expenditures and anticipated investment costs, the Company’s stock price and market capitalization, the future growth and success of, and demand for, the Company’s services and products, the potential benefits associated with use of the Company’s artificial intelligence (“AI”) solutions and other products, share repurchase and dividend activity, capital allocation, debt repayment and obligations, business strategy, product launches, foreign currency exchange rate fluctuations, and statements that include words such as believe, expect, intend, plan, may, will, anticipate, provide, could, should, target, estimate, outlook, and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things: risks related to general economic and geopolitical conditions and their effects on our clients’ businesses and demand for our services, including consumer demand, interest rates, inflation, the price of oil and other petroleum-based products, international tariffs and global trade policies, supply chains, and the conflicts in the Middle East and Ukraine; cyberattacks on the Company’s or its clients’ networks and information technology systems; uncertainty around, and disruption from, new and emerging technologies, including the adoption and utilization of AI, including agentic and generative AI; the failure of the Company’s staff and contractors to adhere to the Company’s and its clients’ controls and processes; the inability to protect personal and proprietary information; the effects of communicable diseases or other public health crises, natural disasters and adverse weather conditions; geopolitical, economic and climate- or weather-related risks in regions with a significant concentration of the Company’s operations; the ability to successfully execute the Company’s strategy; the timing and success of product launches; competitive conditions in the Company’s industry and consolidation of its competitors; variability in demand by the Company’s clients or the early termination of the Company’s client contracts; the level of business activity of the Company’s clients and the market acceptance and performance of their products and services; the demand for end-to-end solutions and technology; damage to the Company’s reputation through the actions or inactions of third parties; changes in law, regulations, or regulatory guidance, or changes in their interpretation or enforcement, including changes in law and policy that restrict offshoring or travel or visas between countries in which we have operations; the operability of the Company’s communication services and information technology systems and networks; the loss of key personnel or the inability to attract and retain staff across all geographies with the skills and expertise needed for the Company’s business; increases in the cost of labor, including minimum wage rates in the countries in which the Company operates; the inability to successfully identify, complete, and integrate strategic acquisitions or investments or realize anticipated benefits within the expected timeframe; higher than expected tax liabilities; currency exchange rate fluctuations; investigative or legal actions; and other factors contained in the Company’s Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission (“SEC”) and subsequent documents filed with or furnished to the SEC. The Company does not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made, except as required by law.
Copyright 2026 Concentrix Corporation. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product, and services word and design marks and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries. Other names and marks are the property of their respective owners.
CONCENTRIX CORPORATION
CONSOLIDATED BALANCE SHEETS
(currency and share amounts in thousands, except par value) May 31, 2026 November 30, 2025 (unaudited) ASSETS Current assets: Cash and cash equivalents $255,566 $327,347 Accounts receivable, net 1,987,978 1,999,021 Assets held for sale 202,738 — Other current assets 593,611 758,135 Total current assets 3,039,893 3,084,503 Property and equipment, net 709,829 735,550 Goodwill 3,653,490 3,671,746 Intangible assets, net 1,749,909 1,960,338 Deferred tax assets 343,201 317,453 Other assets 1,016,525 991,496 Total assets $10,512,847 $10,761,086 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $198,108 $244,771 Current portion of long-term debt 650,000 65,625 Accrued compensation and benefits 658,057 764,962 Other accrued liabilities 815,876 997,198 Income taxes payable 85,078 123,794 Liabilities held for sale 172,259 — Total current liabilities 2,579,378 2,196,350 Long-term debt, net 3,934,874 4,572,889 Other long-term liabilities 1,011,706 950,983 Deferred tax liabilities 285,603 296,519 Total liabilities 7,811,561 8,016,741 Stockholders’ equity: Preferred stock, $0.0001 par value, 10,000 shares authorized and no shares issued and outstanding as of May 31, 2026 and November 30, 2025, respectively — — Common stock, $0.0001 par value, 250,000 shares authorized; 70,591 and 70,316 shares issued as of May 31, 2026 and November 30, 2025, respectively, and 60,863 and 61,739 shares outstanding as of May 31, 2026 and November 30, 2025, respectively 7 7 Additional paid-in capital 3,838,082 3,783,972 Treasury stock, 9,728 and 8,577 shares as of May 31, 2026 and November 30, 2025, respectively (657,340) (610,162)Retained deficit (146,518) (177,010)Accumulated other comprehensive loss (332,945) (252,462)Total stockholders’ equity 2,701,286 2,744,345 Total liabilities and stockholders’ equity $10,512,847 $10,761,086 CONCENTRIX CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(currency and share amounts in thousands, except per share amounts)
(unaudited) Three Months Ended
Six Months Ended
May 31, 2026 May 31, 2025
% Change May 31, 2026 May 31, 2025
% ChangeRevenue Technology and consumer electronics $624,244 $662,719 (6)% $1,259,333 $1,320,411 (5)%Retail, travel and e-commerce 640,795 583,782 10% 1,290,158 1,167,680 10%Communications and media 392,255 392,963 —% 786,271 763,963 3%Banking, financial services and insurance 432,388 384,015 13% 853,993 749,208 14%Healthcare 151,869 176,386 (14)% 330,699 366,191 (10)%Other 220,922 217,506 2% 442,410 422,140 5%Total revenue $2,462,473 $2,417,371 2% $4,962,864 $4,789,593 4%Cost of revenue 1,639,124 1,569,223 4% 3,289,858 3,085,546 7%Gross profit 823,349 848,148 (3)% 1,673,006 1,704,047 (2)%Selling, general and administrative expenses 727,928 699,803 4% 1,459,026 1,386,835 5%Operating income 95,421 148,345 (36)% 213,980 317,212 (33)%Interest expense and finance charges, net 68,074 75,406 (10)% 143,391 148,400 (3)%Other expense (income), net (42,128) 21,218 (299)% (27,617) 16,299 (269)%Income before income taxes 69,475 51,721 34% 98,206 152,513 (36)%Provision for income taxes 14,199 9,628 47% 21,341 40,163 (47)%Net income $55,276 $42,093 31% $76,865 $112,350 (32)% Earnings per common share: Basic $0.86 $0.63 $1.20 $1.68 Diluted $0.86 $0.63 $1.20 $1.68 Weighted-average common shares outstanding: Basic 60,850 63,355 61,062 63,693 Diluted 60,862 63,406 61,078 63,733 CONCENTRIX CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP MEASURES
(currency and share amounts in thousands, except per share amounts)
(unaudited) Three Months Ended Six Months Ended May 31, 2026 May 31, 2026Revenue $2,462,473 $4,962,864 Revenue growth, as reported under U.S. GAAP 1.9% 3.6%Foreign exchange impact (1.3)% (2.3)%Constant currency revenue growth 0.6% 1.3% Three Months Ended
Six Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Operating income $95,421 $148,345 $213,980 $317,212 Acquisition-related, integration and restructuring expenses (1) 65,505 16,808 100,374 34,832 Step-up depreciation 2,701 2,536 5,456 4,912 Amortization of intangibles 102,057 109,158 205,513 214,777 Loss on held for sale 963 — 6,892 — Share-based compensation 25,367 26,862 54,822 53,462 Non-GAAP operating income $292,014 $303,709 $587,037 $625,195 Three Months Ended
Six Months Ended
May 31, 2026 May 31, 2025
May 31, 2026 May 31, 2025
Net income $55,276 $42,093 $76,865 $112,350 Interest expense and finance charges, net 68,074 75,406 143,391 148,400 Provision for income taxes 14,199 9,628 21,341 40,163 Other expense (income), net (42,128) 21,218 (27,617) 16,299 Acquisition-related, integration and restructuring expenses (1) 65,505 16,808 100,374 34,832 Step-up depreciation 2,701 2,536 5,456 4,912 Amortization of intangibles 102,057 109,158 205,513 214,777 Loss on held for sale 963 — 6,892 — Share-based compensation 25,367 26,862 54,822 53,462 Depreciation (exclusive of step-up depreciation) 55,361 53,615 108,519 106,336 Adjusted EBITDA $347,375 $357,324 $695,556 $731,531 Three Months Ended Six Months Ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025Operating margin 3.9% 6.1% 4.3% 6.6%Non-GAAP operating margin 11.9% 12.6% 11.8% 13.1%Adjusted EBITDA margin 14.1% 14.8% 14.0% 15.3% Three Months Ended Six Months Ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025Net income $55,276 $42,093 $76,865 $112,350 Acquisition-related, integration and restructuring expenses (1) 65,505 16,808 100,374 34,832 Step-up depreciation 2,701 2,536 5,456 4,912 Debt costs (2) — 1,102 6,268 1,102 Imputed interest related to Sellers’ Note included in interest expense and finance charges, net — 4,503 — 8,689 Legal settlement costs (3) — 2,000 — 2,000 Change in acquisition contingent consideration included in other expense (income), net (529) 8,691 (945) 6,667 Foreign currency losses (gains), net (4) (44,965) 10,789 (32,659) 6,610 Amortization of intangibles 102,057 109,158 205,513 214,777 Loss on held for sale 963 — 6,892 — Share-based compensation 25,367 26,862 54,822 53,462 Income taxes related to the above (5) (37,805) (44,931) (85,862) (81,923)Income tax effect of change in tax law — — — 4,269 Non-GAAP net income $168,570 $179,611 $336,724 $367,747 Three Months Ended Six Months Ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025Net income $55,276 $42,093 $76,865 $112,350 Less: net income allocated to participating securities (6) (2,745) (2,035) (3,869) (5,448)Net income attributable to common stockholders $52,531 $40,058 $72,996 $106,902 Three Months Ended Six Months Ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025Non-GAAP net income $168,570 $179,611 $336,724 $367,747 Less: Non-GAAP net income allocated to participating securities (7) (8,371) (8,685) (16,949) (17,831)Non-GAAP income attributable to common stockholders $160,199 $170,926 $319,775 $349,916 Three Months Ended Six Months Ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025Diluted earnings per common share (“EPS”) (6) $0.86 $0.63 $1.20 $1.68 Acquisition-related, integration and restructuring expenses 1.08 0.27 1.64 0.55 Step-up depreciation 0.04 0.04 0.09 0.08 Debt costs (2) — 0.02 0.10 0.02 Imputed interest related to Sellers’ Note included in interest expense and finance charges, net — 0.07 — 0.14 Legal settlement costs (3) — 0.03 — 0.03 Change in acquisition contingent consideration included in other expense (income), net (0.01) 0.14 (0.02) 0.10 Foreign currency losses (gains), net (4) (0.74) 0.17 (0.53) 0.10 Amortization of intangibles 1.68 1.72 3.36 3.37 Loss on held for sale 0.02 — 0.11 — Share-based compensation 0.42 0.42 0.90 0.84 Income taxes related to the above (5) (0.62) (0.71) (1.41) (1.29)Income tax effect of change in tax law — — — 0.07 Adjustment for participating securities (7) (0.10) (0.10) (0.20) (0.20)Non-GAAP Diluted EPS (7) $2.63 $2.70 $5.24 $5.49 Weighted-average number of common shares - diluted 60,862 63,406 61,078 63,733 Three Months Ended Six Months Ended May 31, 2026 May 31, 2025 May 31, 2026 May 31, 2025Net cash provided by operating activities $257,891 $236,536 $174,671 $237,944 Purchases of property and equipment (48,174) (55,792) (102,076) (106,410)Free cash flow 209,717 180,744 72,595 131,534 Change in outstanding factoring balances 32,607 19,542 25,116 28,936 Adjusted free cash flow $242,324 $200,286 $97,711 $160,470 Forecast Three Months Ending
August 31, 2026 Fiscal Year Ending
November 30, 2026 Low High Low HighRevenue $2,465,000 $2,490,000 $9,925,000 $10,025,000 Revenue growth, as reported under U.S. GAAP (0.75)% 0.25% 1.00% 2.00%Foreign exchange impact 0.75% 0.75% (0.75)% (0.75)%Constant currency revenue growth 0.0% 1.0% 0.25% 1.25% Forecast
Three Months Ending
August 31, 2026
Fiscal Year Ending
November 30, 2026
Low
High
Low
High
Operating income $120,900 $130,900 $508,808 $538,808 Amortization of intangibles 102,500 102,500 395,000 395,000 Share-based compensation 23,800 23,800 105,000 105,000 Acquisition-related, integration and restructuring expenses 45,000 45,000 175,000 175,000 Step-up depreciation 2,800 2,800 9,300 9,300 Loss on held for sale — — 6,892 6,892 Non-GAAP operating income $295,000 $305,000 $1,200,000 $1,230,000
(1) For the three and six months ended May 31, 2026, acquisition-related, integration and restructuring expenses primarily included restructuring costs associated with our recent cost reduction initiatives, including severance and employee-related costs. Restructuring expenses also included costs associated with facilities consolidation, including lease terminations. For the three and six months ended May 31, 2025, acquisition-related, integration and restructuring costs primarily included integration costs associated with our combination with Webhelp and restructuring expenses. These costs primarily included severance and employee-related costs, costs associated with facilities consolidation, including lease terminations to integrate the businesses, and information technology system consolidation costs.
(2) For the six months ended May 31, 2026, debt costs included debt extinguishment costs associated with our early redemption of $600 million of our senior notes due in August 2026. For the three and six months ended May 31, 2025, debt costs included debt extinguishment costs associated with our restated credit agreement and our voluntary prepayment of a portion of our outstanding term loans.
(3) For the three and six months ended May 31, 2025, legal settlement costs consist of amounts incurred to settle certain litigation arising outside of the ordinary course of business.
(4) Foreign currency losses (gains), net are included in other expense (income), net and primarily consist of gains and losses recognized on the revaluation and settlement of foreign currency transactions and realized and unrealized gains and losses on derivative contracts that do not qualify for hedge accounting.
(5) The tax effect of taxable and deductible non-GAAP adjustments was calculated using the tax-deductible portion of the expenses and applying the entity-specific, statutory tax rates applicable to each item during the respective periods presented.
(6) Diluted EPS is calculated using the two-class method, which is an earnings allocation proportional to the respective ownership among holders of common stock and participating securities. Restricted stock awards and certain restricted stock units granted to employees are considered participating securities. For the purposes of calculating diluted EPS, net income attributable to participating securities was approximately 5.0% and 4.8% of net income, respectively, for the three months ended May 31, 2026 and 2025 and 5.0% and 4.8% of net income, respectively, for the six months ended May 31, 2026 and 2025.
(7) For the purposes of calculating non-GAAP net income attributable to common shareholders and non-GAAP diluted EPS, non-GAAP net income attributable to participating securities was approximately 5.0% and 4.8% of non-GAAP net income, respectively, for the three months ended May 31, 2026 and 2025, and 5.0% and 4.8% of non-GAAP net income, respectively, for the six months ended May 31, 2026 and 2025, and was excluded from non-GAAP net income attributable to common shareholders to calculate non-GAAP diluted EPS.
AeroVironment má rekordní financovaný backlog kolem 1,1 miliardy USD a book-to-bill 1,6, což podporuje silnou poptávku. Akcie ale letos klesly asi o 43 % po slabém čtvrtletí a snížení výhledu.
AVAV stock is up heading into the print. Watch the price action here. Backlog and VisibilityAeroVironment closed the third quarter with a record funded backlog of roughly $1.1 billion, supported by total bookings of about $2.1 billion over the first nine months and a book‑to‑bill ratio near 1.6.
A book-to-bill ratio of 1.6 signals demand running ahead of recognized revenue and underpins management’s framing of the fourth quarter as a potential record quarter driven by conversion of delayed Space, Cyber and Directed Energy (SCDE) work.
Investors have also seen a string of multi‑year U.S. Army and foreign military sales awards in unmanned aircraft and counter‑UAS systems, with recent contracts totaling in the high hundreds of millions and extending revenue visibility into the next decade.
The question is less about the existence of demand and more about its quality: how much of AeroVironment’s backlog sits in funding‑sensitive programs and whether management’s fourth quarter commentary reduces concerns around timing, competitive rebids and program‑level risk.
Stock Setup and Valuation TensionDespite the supportive fundamentals, AeroVironment shares have fallen about 43% year to date and more than 30% over the past three months following a sizable third-quarter miss and a cut to full‑year guidance.
Revenue of roughly $408 million in the third quarter came in more than 15% below consensus, with EPS also missing, and management trimmed its fiscal 2026 outlook to $1.85 billion to $1.95 billion of revenue.
The stock has traded in the mid‑$140s to mid‑$150s recently, well below its consensus price target of $302.44 based on the ratings of 19 analysts compiled by Benzinga.
The disconnect between AeroVironment’s current price and the consensus price target gives this earnings report a clear narrative hook: broken momentum versus intact thesis.
On one side, the market is treating AeroVironment as a "prove‑it" story after guidance cuts, margin volatility and program delays; on the other, a consensus target around $300 per share, reflecting confidence that backlog and bookings will eventually translate into cleaner earnings and cash flow.
Monday evening’s earnings report could be a potential capitulation moment if execution again disappoints, or a reset where a true record quarter, solid SCDE catch‑up and a steadier FY27 outlook begin to narrow the gap between a discounted share price and bullish valuation models.
AVAV Stock Price Activity: AeroVironment stock was up 2.76% at $141.76 at the time of publication on Monday, according to data from Benzinga Pro.
Over the past month, AeroVironment stock has declined about 29.7% versus a 2% decline in the S&P 500 and is down roughly 43% year-to-date compared to the index’s 8% gain. The stock is trading near its 52-week low of $135.20.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Argan oznámil rekordní výsledky za 1. fiskální čtvrtletí 2027: tržby vzrostly o 50 % na 291 milionů USD a backlog, tedy objem nevyřízených zakázek, stoupl o 49,1 % na zhruba 2,77 miliardy USD.
Key Takeaways Argan posted record results, with backlog up 49.1% and revenues rising 50% in fiscal Q1 2027.AGX benefits from power demand trends, while PRIM targets grid, gas and utility infrastructure growth.PRIM faces softer near-term execution and estimate cuts, while AGX earnings estimates moved higher. The rise in United States energy infrastructure spending is one of the strongest secular themes in the industrial sector, and companies like Argan, Inc. (AGX - Free Report) and Primoris Services Corporation (PRIM - Free Report) are well-positioned to benefit. The key point is that the US needs not only more electricity generation but also more infrastructure to produce, transport and deliver that power reliably.
Argan is a Virginia-based engineering and construction company, focused primarily on the power and industrial infrastructure markets. Primoris Services is a Texas-based specialty infrastructure contractor that provides engineering, construction, maintenance and replacement services for critical infrastructure projects across the United States and Canada.
Let’s closely compare the fundamentals of the two energy infrastructure stocks to determine which one is a better investment now.
The Case for Argan StockArgan is benefiting from powerful long-term energy infrastructure trends driven by data center expansion, manufacturing reshoring, electrification and growing electricity demand. Its expertise in large-scale natural gas and renewable power projects positions it well to capitalize on this opportunity. Despite normal project timing fluctuations, backlog remained exceptionally strong at approximately $2.77 billion as of the first-quarter fiscal 2027, which was up 49.1% year over year from $1.86 billion, supported by multiple large gas-fired projects and industrial contracts. Management expects to add several new projects over the next 10-18 months, providing visibility into future revenue growth and reinforcing confidence in sustained business momentum.
Besides, Argan delivered record first-quarter fiscal 2027 results, with revenues surging 50% year over year to $291 million. Gross margin expanded 200 basis points (bps) to 21%, while earnings per share (EPS) grew 102.5% to $3.24 year over year. Strong project execution, favorable contract mix and ahead-of-schedule completion of key projects supported profitability. Growth across all operating segments demonstrates broad-based demand and strengthens confidence in the company’s earnings trajectory.
AGX expects combined-cycle natural gas facilities to remain the dominant contributor to backlog while maintaining renewable capabilities to capture future opportunities. Expansion of industrial fabrication capacity, growing data-center-related demand and the company’s ability to execute 10-12 projects simultaneously further enhance its competitive position.
Notably, management follows a disciplined capital allocation strategy focused first on organic growth investments, including workforce expansion and fabrication capacity additions, followed by a growing dividend, opportunistic share repurchases and selective acquisitions. Argan ended the first quarter of fiscal 2027 with $973.6 million in cash, cash equivalents and investments, net liquidity of $421.4 million and no debt. Strong operating cash flow, customer prepayments, project advances and investment income continue to support liquidity. During the fiscal quarter ended April 30, 2026, Argan repurchased shares worth $3 million and paid dividends of $7 million.
Management follows a disciplined capital allocation strategy focused first on organic growth investments, including workforce expansion and fabrication capacity additions, followed by a growing dividend, opportunistic share repurchases and selective acquisitions. This balanced approach supports long-term growth while consistently returning capital to shareholders.
The Case for Primoris Services StockPrimoris Services remains well-positioned to capitalize on accelerating U.S. investment in power generation, grid modernization, natural gas infrastructure, pipelines and data centers. Management highlighted strong bidding activity across natural gas generation, renewables and pipeline projects, while Utilities continues to benefit from rising power delivery demand as customers expand grid reliability and capacity. Although total backlog moderated sequentially to $11.6 billion due to award timing, Utilities backlog climbed to a record $6.9 billion, supported by a 7.2% increase in recurring MSA backlog to $7.5 billion.
During the first quarter of 2026, the Utilities segment posted 12.3% year-over-year revenue growth, while the gross margin expanded 60 basis points to 9.8%, driven by higher power delivery and gas operations activity. Management expects Utilities margins to improve further toward its 10-12% target range, while Energy margins should recover beginning in the second quarter of 2026 as new natural gas and renewable projects ramp and PayneCrest contributes.
Moreover, PRIM continues to maintain a disciplined capital allocation strategy focused on balancing organic investments, strategic acquisitions and shareholder returns. Following the PayneCrest acquisition, the company retained strong liquidity of approximately $676.5 million, with plans to invest in growth opportunities while remaining selective about acquisitions that meet strict financial return thresholds.
Despite favorable long-term industry trends, Primoris Services faces several near-term headwinds. First-quarter 2026 consolidated revenues declined 5.4% year over year as renewable energy activity slowed and project timing shifted, while the Energy segment experienced weaker profitability due to execution challenges on a few legacy renewable projects and delayed project starts. In addition, the company expects first-half 2026 results to remain softer than the second half, making its full-year 2026 guidance increasingly dependent on successful project execution, margin recovery and timely conversion of its strong bid pipeline into awarded work.
Moreover, integration risks related to the PayneCrest acquisition and continued exposure to project timing, labor availability and customer spending patterns also remain factors investors should monitor.
Stock Performance & ValuationAs witnessed from the chart below, in the past three months, Argan’s share price performance has significantly outperformed Primoris Services’ declining trend and the broader Construction sector.
Image Source: Zacks Investment Research
Considering valuation, over the last five years, Argan has been trading above Primoris Services on a forward 12-month price-to-earnings (P/E) ratio basis.
Image Source: Zacks Investment Research
Overall, from these technical indicators, it can be deduced that AGX stock offers an accelerating growth trend but with a premium valuation, while PRIM stock offers a declining trend with a discounted valuation.
Comparing EPS Estimate Trends: AGX vs. PRIMThe Zacks Consensus Estimate for AGX’s fiscal 2027 and fiscal 2028 earnings has moved upward over the past 30 days to $12.60 and $16.66 per share, respectively. The revised estimates for fiscal 2027 and fiscal 2028 imply year-over-year growth of 29.4% and 32.2%, respectively.
AGX's EPS Trend
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PRIM’s 2026 and 2027 earnings has trended downward over the past seven days to $2.75 and $5.26 per share, respectively. The revised estimates for 2026 imply a 51.1% year-over-year decline, while those for 2027 indicate 91.2% year-over-year growth.
PRIM's EPS Trend
Image Source: Zacks Investment Research
Return on Equity (ROE) of AGX & PRIM StocksArgan’s trailing 12-month ROE of 36.89% significantly exceeds Primoris Services’ average, underscoring its efficiency in generating shareholder returns.
Image Source: Zacks Investment Research
Investment Decision: Choosing AGX Stock Over PRIM Stock?Argan continues to execute exceptionally well, supported by broad-based growth across its power and industrial businesses. Rising demand for natural gas generation, renewable energy and data center infrastructure provides strong revenue visibility, while management expects additional project awards over the next 10-18 months. Earnings estimates for fiscal 2027 and 2028 continue to move higher, and its industry-leading 36.9% ROE reflects outstanding capital efficiency.
Meanwhile, Primoris Services also benefits from attractive infrastructure tailwinds, particularly in utilities and power delivery, with a record Utilities backlog and improving margin prospects. However, declining first-quarter revenues, execution challenges in legacy renewable projects, softer near-term guidance, acquisition integration risks and downward earnings estimate revisions temper the investment thesis.
Although Argan trades at a premium valuation, that premium appears justified by its superior execution, accelerating stock performance, stronger balance sheet and significantly better earnings trajectory. Its stronger fundamentals, positive estimate revisions, robust liquidity and favorable exposure to the expanding U.S. energy infrastructure cycle provide a more compelling risk-reward profile and greater upside potential than Primoris Services at the current stage.
Thus, with a Zacks Rank #1 (Strong Buy) compared with PRIM stock’s current Zacks Rank #5 (Strong Sell), AGX stock is clearly the better stock to buy now. You can see the complete list of today’s Zacks #1 Rank stocks here.
Encompass Health v 1. čtvrtletí zvýšila tržby o 9 % a upravené EBITDA o 11,2 %, takže zvýšila výhled upraveného EPS na 5,89–6,11 USD. Letos otevřela novou 49lůžkovou nemocnici a přidala 44 lůžek.
Key Takeaways EHC's growth story now hinges on expanding capacity efficiently to capture rising patient referrals.EHC opened a 49-bed hospital and added 44 beds in Q1 2026, with more expansions planned this year.EHC lifted 2026 adjusted EPS guidance after Q1 revenues rose 9% and adjusted EBITDA increased 11.2%. Encompass Health Corporation (EHC - Free Report) has reached an interesting point in its growth story. Demand is no longer the primary metric to watch. Supported by an aging U.S. population, the need for inpatient rehabilitation services continues to grow. Now the key question hinges on scale: Can EHC expand capacity fast enough to meet that demand?
Many of its hospitals are currently operating at high occupancy levels. To address this, management has changed its strategy. Instead of waiting for facilities to reach near-full capacity, it is now launching expansion projects earlier. This proactive approach brings new beds online before capacity becomes a constraint, helping the company capture more patient referrals.
We are already seeing this plan in action. In the first quarter of 2026, EHC opened a new 49-bed hospital in South Carolina and added 44 beds to existing locations. By the end of the year, it plans to open eight more hospitals and add about 175 beds. EHC has 11 additional hospitals in its development pipeline and plans to introduce a smaller hospital design in 2027 to better serve crowded, fast-growing markets.
EHC's expansion strategy is beginning to translate into stronger financial performance. First-quarter 2026 revenues rose 9% and adjusted EBITDA increased 11.2%, prompting management to raise its 2026 adjusted EPS guidance to $5.89-$6.11 from $5.81-$6.10. The investment thesis now depends less on demand and more on execution. Successfully bringing new capacity online while maintaining operational efficiency could support sustained earnings growth over the long run.
How Are EHC's Peers Positioned?Encompass Health is not alone in expanding capacity to meet rising healthcare demand. Medical sector peers like Select Medical Holdings Corporation (SEM - Free Report) and HCA Healthcare, Inc. (HCA - Free Report) are also investing in new facilities and hospital expansion to support long-term growth.
Select Medical is also expanding its inpatient rehabilitation footprint through new hospitals and joint ventures with health systems. Select Medical continues to strengthen its rehabilitation network to meet rising demand for post-acute care.
HCA Healthcare is also expanding its hospital network through new facilities and capacity additions to meet rising healthcare demand. HCA Healthcare continues to invest in its acute-care footprint, reinforcing capacity expansion as a key long-term growth strategy.
EHC’s Price Performance, Valuation & EstimatesShares of Encompass Health have lost 4.5% year to date against the industry’s 14.3%. growth.
Image Source: Zacks Investment Research
From a valuation standpoint, EHC trades at a forward price-to-earnings ratio of 16.33X compared with the industry average of 18.08X. Encompass Health carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for EHC’s 2026 earnings is pegged at $5.97 per share, implying a 9.54% increase from the year-ago period’s level.
Image Source: Zacks Investment Research
Encompass Health currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Harmony Biosciences rozšiřuje použití pitolisantu u idiopatické hypersomnie, Prader-Williho syndromu a myotonické dystrofie typu 1, zatímco vyvíjí Pitolisant GR, HD, BP-205 a EPX-100. Wakix zůstává hlavním tahounem tržeb.
Key Takeaways Harmony Biosciences is expanding pitolisant into idiopathic hypersomnia and rare disorders.HRMY is advancing Pitolisant GR and HD to improve dosing, tolerability and differentiation.HRMY is developing BP-205 and EPX-100 to broaden its neuroscience pipeline footprint. Harmony Biosciences Holdings, Inc. (HRMY - Free Report) is no longer only a Wakix revenue story. The company is using its sleep-wake franchise to fund a broader neuroscience strategy.
The central question is whether those emerging growth trends can turn pipeline investment into a more diversified business before competition and exclusivity risks pressure the core product.
Harmony Pushes Beyond One IndicationHarmony is working to extend pitolisant beyond its established narcolepsy base. Its late-stage clinical work includes idiopathic hypersomnia, Prader-Willi syndrome and myotonic dystrophy type 1.
That approach reflects a broader attempt to extract more value from an established mechanism across adjacent neurological settings. Rather than relying only on new patient starts in narcolepsy, HRMY is trying to build a wider clinical footprint around the same scientific foundation.
Why HRMY Is Chasing Better FormulationsPitolisant Gastro-Resistant and Pitolisant High-Dose are central to that lifecycle strategy. The gastro-resistant version is intended to allow patients to start at a therapeutic dose without titration, while potentially improving tolerability for patients prone to gastrointestinal symptoms.
The high-dose version targets a more differentiated label. Ongoing Phase III programs in narcolepsy and idiopathic hypersomnia are aimed at fatigue in narcolepsy and sleep inertia in idiopathic hypersomnia, with top-line data expected in 2027 and a target action date in 2028. For HRMY, formulation work is not just incremental. It is a way to defend the franchise and sharpen commercial positioning.
How Harmony Is Entering Orexin and Rare EpilepsyHarmony’s BP1.15205 program moves the company into orexin-2 receptor agonism, an emerging area in sleep-wake therapeutics. The candidate is being developed for narcolepsy and other potential indications, and Harmony has described BP-205 as a highly potent, selective orexin-2 receptor agonist with potential once-daily dosing.
The company is also moving deeper into rare epilepsy through EPX-100, or clemizole hydrochloride. EPX-100 is enrolling in two global Phase III registrational trials in Lennox-Gastaut syndrome and Dravet syndrome. Jazz Pharmaceuticals plc (JAZZ - Free Report) , which has exposure to rare sleep disorders and rare epilepsies, offers a useful comparison for how sleep and epilepsy franchises can sit within one neuroscience business.
Alkermes plc (ALKS - Free Report) , another neuroscience-focused peer, also highlights investor interest in central nervous system portfolios beyond single-product stories.
What Competition Means for HRMY’s FutureMore treatment development in narcolepsy and related disorders can help validate demand. A more active category may increase physician awareness, expand payer familiarity and reinforce the need for differentiated therapies.
The same trend also raises pressure. Multiple orexin-2 receptor agonists are moving toward approval or late-stage development, while Harmony’s BP-205 remains early. More choices could narrow the window for differentiation, increase payer scrutiny and make execution around access, positioning and persistence more important.
How Harmony’s Ratings Reflect These TrendsThe bottom line is that Harmony has credible growth trends, but the stock still needs proof that they can translate into broader revenue durability. Wakix remains the commercial engine, while pitolisant lifecycle programs, orexin science and rare epilepsy assets represent the next phase of the story.
HRMY carries a Zacks Rank #3 (Hold), which points to a more balanced short-term setup rather than a clear momentum call. Its Value Score of A and VGM Score of A suggest the stock screens well on valuation and combined style characteristics, while its Growth Score of B supports the view that fundamental expansion remains part of the case.
The Momentum Score of D tempers that message. Investors may need patience as the market waits for clearer evidence from Pitolisant GR, Pitolisant HD, BP-205 and EPX-100. The signals line up with a company investing into promising trends, but not yet with a stock that has fully earned a breakout narrative.
Harmony Biosciences potvrdila celoroční výhled tržeb Wakix na 1,0 až 1,04 miliardy USD po 17% růstu tržeb na 215,4 milionu USD. Firma zároveň chystá podání NDA pro Pitolisant GR ve 2. čtvrtletí 2026.
Key Takeaways Harmony Biosciences reaffirmed Wakix guidance of $1.0-$1.04 billion after 17% revenue growth.HRMY plans a 2026 NDA filing for Pitolisant GR and expects late-stage data in 2027.HRMY is advancing epilepsy and orexin-2 programs to reduce reliance on Wakix revenues. Harmony Biosciences Holdings, Inc. (HRMY - Free Report) is trying to turn a successful narcolepsy franchise into a broader neuroscience platform.
The transition is funded by Wakix, which still does most of the commercial work. The question for investors is whether that cash-generating base can keep expanding while newer pitolisant products and non-pitolisant assets move closer to commercial relevance.
Why Harmony Still Leans on WakixWakix remains Harmony’s core commercial engine. First-quarter 2026 net product revenues rose 17% year over year to $215.4 million, and the company reiterated full-year Wakix net revenue guidance of $1.0-$1.04 billion.
The franchise benefits from broad payer coverage, rising prescriber familiarity and a differentiated profile as the only non-scheduled option in narcolepsy. Harmony exited the first quarter with roughly 8,600 patients on therapy, compared with about 80,000 diagnosed U.S. narcolepsy patients. That gap leaves room for adoption if plan changes, prior authorizations and other access frictions ease.
How HRMY Is Extending PitolisantHarmony is using lifecycle management to make pitolisant matter beyond the current Wakix label. Pitolisant GR is a gastro-resistant, bioequivalent formulation designed to let patients start at a therapeutic dose without titration and potentially reduce gastrointestinal tolerability issues.
The company expects to submit the Pitolisant GR new drug application in the second quarter of 2026, with a target action date in the first quarter of 2027. Pitolisant HD is further behind but potentially broader, with phase III programs in narcolepsy and idiopathic hypersomnia targeting differentiated labels tied to fatigue and sleep inertia. Top-line data are expected in 2027, with a potential action date in 2028.
Harmony Builds a Broader CNS PipelineThe broader pipeline is meant to reduce Harmony’s dependence on one commercial asset. EPX-100 is enrolling in two global phase III registrational trials in rare epilepsies, including Lennox-Gastaut syndrome and Dravet syndrome.
Harmony also holds rights to EPX-200 and is advancing BP1.15205, also known as BP-205, an orexin-2 receptor agonist with phase I clinical pharmacokinetic, safety and tolerability data from the single-ascending-dose portion expected in mid-2026. The amorphous pitolisant opportunity, supported by a patent running to 2042, adds another route into broader central nervous system indications. Jazz Pharmaceuticals plc (JAZZ - Free Report) remains an important reference point in sleep medicine through its oxybate franchise, while Axsome Therapeutics, Inc. (AXSM - Free Report) is relevant because AXS-12 is being developed for narcolepsy. Their presence underscores why Harmony is building across commercial, late-stage, early-stage and discovery-stage assets.
What Could Limit HRMY UpsideThe main risk is concentration. Wakix still drives Harmony’s revenues, so any slowdown in patient starts, persistence, reimbursement or pricing could pressure growth. Seasonal first-quarter access headwinds were more pronounced in 2026, showing that demand does not fully remove operational friction.
Competition is another constraint. The sleep-wake market is becoming more crowded, including orexin-2 programs and other narcolepsy approaches. Generic risk also matters. Harmony has settled with six of seven abbreviated new drug application filers, but earlier entry remains a concern if pediatric exclusivity does not extend protection as expected.
How Harmony’s Ratings Fit This StoryHarmony’s setup looks balanced rather than a clean near-term momentum call. The stock currently carries a Zacks Rank #3 (Hold), which points to an in-line short-term earnings outlook rather than a clear buy or sell signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores tell a more nuanced story. HRMY has a VGM Score of A, a Value Score of A and a Growth Score of B, suggesting favorable valuation and business-growth characteristics. Its Momentum Score of D is the offset, indicating weaker trading momentum. A longer-term Neutral view fits that mix, as Wakix durability and pipeline optionality are meaningful, but access friction, competition and patent timing keep the growth story from being risk-free.
MP Materials má díky dohodě s vládou USA garantovanou minimální cenu 110 USD za kilogram NdPr a v 1. čtvrtletí mu to zvýšilo zisk o 42,3 milionu USD. Tržby vzrostly o 49 % na 90,6 milionu USD.
Critical minerals are crucial for modern technology. These materials are essential for everything from smartphones to clean energy systems to modern defense platforms. Research from The Motley Fool shows that China controls a significant share of the supply chain for mining and processing critical minerals, which could pose a national security threat due to supply disruptions or trade disputes.
Because of their importance, the U.S. is seeking to secure its supply of critical minerals and rare-earth elements, and MP Materials (MP +1.57%) is one company leading the way. Last year, the U.S. producer of rare-earth materials entered a historic deal with the government. For investors considering MP Materials, here are two reasons to buy the stock and one reason to sell.
Image source: Getty Images.
Reason No. 1 to buy: MP's Mountain Pass mine gives it a first-mover advantage MP Materials owns and operates the Mountain Pass mine in California, which is one of the world's richest rare-earth deposits and the only active rare-earth mine in the United States. The mine is a high-grade deposit with a total rare-earth element concentration of approximately 7% to 9%.
The company also leverages a vertically integrated business model, from upstream mining and raw material refining to downstream metallization and alloying. MP's processing capabilities enable it to produce large volumes of rare-earth oxide concentrate, as well as separated neodymium-praseodymium (NdPr) oxide and metal, which are essential raw materials for high-powered permanent magnets used in electric vehicle motors, military guidance systems, and artificial intelligence data centers.
With its mining operations and integrated business model, MP Materials has a first-mover advantage in the domestic "mine-to-magnet" supply chain.
Reason No. 2 to buy: MP has a historic deal with the U.S. government Last year, MP Materials entered into a landmark public-private partnership with the U.S. government. As part of the deal, the U.S. has become MP Materials' largest shareholder through a $400 million convertible preferred equity investment.
The deal includes a 10-year Price Protection Agreement (PPA) that establishes a guaranteed price floor of $110 per kilogram for the company's NdPr products produced at Mountain Pass. This price floor provides MP with predictable revenue while protecting it from predatory pricing strategies by state-subsidized foreign competitors who could flood the market with cheap material.
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Investors saw the effect of this arrangement first-hand in MP Materials' first-quarter earnings report, when its price protection agreement income boosted earnings by $42.3 million. In the quarter, MP achieved a record NdPr production of 917 metric tons, while sales increased 49% to $90.6 million. As a result, MP's adjusted EBITDA improved to $36.6 million, up from its $2.7 billion loss last year.
Reason to sell: Scaling up its domestic processing capabilities will take significant time and capital MP Materials has the infrastructure to mine and process critical minerals, but it must continue to expand to meet growing demand for domestically sourced materials. As part of this, the company will construct a "10X" rare-earth magnet manufacturing campus in Northlake, Texas. The 10X facility is designed to scale total production capacity to roughly 10,000 metric tons of finished NdFeB magnets annually, with commercial commissioning projected to commence in 2028.
MP Materials estimates that developing the 10X project will require roughly $1.25 billion. While the project is partially subsidized by government assistance, the company still has to borrow funds, and the capital intensity will likely strain cash flow during development. Any delays in the build-out could affect its projected growth. Not only that, but if trade relations with China materially improve, the need to develop domestically sourced critical minerals may be de-emphasized by regulators in the U.S.
In the months following MP Materials' deal with the U.S. government, the stock surged to $100 per share. However, enthusiasm for the stock has waned, and it is now 46% off its 52-week high. The stock is priced at around 54 times its projected 2027 earnings and could be vulnerable to any struggles in ramping up production or expanding margins.
Investors should be aware of the risks associated with owning MP Materials. That said, the company has a first-mover advantage in the domestic critical minerals space, and the agreement with the U.S. government provides it with a unique backstop that helps secure future revenue. If you're bullish on the build-out of the domestic mine-to-magnet supply chains, MP Materials is a top stock to own today.
AST SpaceMobile vzrostla o 17,7 % k 2:30 p. m. ET v pondělí poté, co potvrdila, že její tři nové satelity BlueBird 8, 9 a 10 jsou na oběžné dráze a fungují normálně. Firma také uvedla, že dosáhla produkce BlueBird 37.
AST SpaceMobile (ASTS +20.84%) stock jumped 17.7% as of 2:30 p.m. ET on Monday. The S&P 500 and the Nasdaq Composite were up 1.6% and 1.9%, respectively.
The company, which delivers broadband to cellphones from space, is seeing shares rally after it confirmed its newest satellites are alive and functioning.
BlueBird satellites are up and running Over the weekend, AST said on X that its newest three satellites -- BlueBird 8, 9, and 10 -- are in orbit and operating normally. The satellites were launched on June 17 aboard a SpaceX Falcon 9 rocket. AST also confirmed that it has reached production on BlueBird 37.
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The positive news comes after the recent announcement of a new joint venture with Rakuten to offer direct-to-phone service in Japan, further expanding AST's reach outside of the U.S.
Short sellers add fuel to the rally The stock got an extra boost due to heavy short-selling. When a heavily shorted name climbs on good news, the effect can be amplified as short sellers are forced to buy additional shares to maintain their positions.
Source: Getty Images
Why I'm staying on the sidelines AST brought in $14.7 million last quarter and is currently sitting on roughly $3.1 billion in cash. It's still operating deep in the red, and although that looks like a strong balance sheet, it only gives a few years of runway at current rates.
As much as AST is doing something that could prove to be a huge success, not only is there serious execution risk, even if it delivers, its current valuation just doesn't make sense. I would avoid buying in at current levels.
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AST SpaceMobile. The Motley Fool has a disclosure policy.
Únik dat z Tata Electronics odhalil seznam dodavatelů, součástek a fotografie údajného chystaného iPhonu 18 Pro. Apple kvůli tomu řeší bezpečnost citlivých informací o neuvedených modelech.
Item 1 of 2 A man walks past an Apple iPhone hoarding on a street in Mumbai, India, June 29, 2026. REUTERS/Francis Mascarenhas
[1/2]A man walks past an Apple iPhone hoarding on a street in Mumbai, India, June 29, 2026. REUTERS/Francis Mascarenhas Purchase Licensing Rights, opens new tab
SummaryCompaniesApple counts Tata as key supplier as it diversifies beyond ChinaTata breach has seen files of Apple, Tesla posted on dark webApple has been investigating the matter, Reuters has reportedSupplier list, component names of iPhone 18 Pro in leakNEW DELHI/SAN FRANCISCO, June 29 (Reuters) - Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm's Indian supplier Tata Electronics, according to documents and a source.
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide. It could also upset Apple and its relationship with Tata given most of the supplier arrangements are fiercely protected by Apple, and could also hand rivals, counterfeiters and its own vendors a view of who makes what.
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Tata, which both supplies parts and assembles iPhones as a contract manufacturer, is emerging as one of Apple's most important manufacturing partners outside China, an expansion that is a cornerstone of Prime Minister Narendra Modi's push to make India an electronics manufacturing powerhouse.
Apple is reportedly on track to release its iPhone 18 Pro and Pro Max in September. The leak comes at a difficult time for Apple, which last week raised iPad and MacBook prices due to soaring memory and storage chip costs, with analysts expecting Apple to increase iPhone prices in the coming months.
Reuters has previously reported the Tata Electronics leak of more than 200,000 files on the dark web by World Leaks had files with purported component design papers of older iPhones and some parts of Tesla - both Tata clients. They also included documents of Taiwan Semiconductor Manufacturing Co (2330.TW), opens new tab and Qualcomm (QCOM.O), opens new tab, both of which make parts used in iPhones.
New documents reviewed by Reuters show there are at least six files that map many components in the iPhone 18 Pro models to the specific company that supplies them. These include details of chips on its main circuit board and parts of the battery and cameras.
Apple considers this detail sensitive and is concerned about the documents being shared on the dark web as they relate to unreleased models, according to the person familiar with the matter. The data maps suppliers to iPhone parts, which Apple does not disclose in its public database of suppliers, the person added.
In all, the documents detail hundreds of parts to be on the upcoming iPhone 18 Pro models.
The records also show where Apple draws a part from several suppliers and where it relies on just a few, laying bare both its bargaining leverage and its vulnerabilities.
Spokespeople for Apple and Tata did not respond to Reuters queries.
World Leaks has previously claimed responsibility for a Nike break-in. Reuters has not verified the authenticity of the data and could not immediately reach World Leaks for comment.
News website AppleInsider first reported last week that iPhone 18 Pro documents were part of the Tata leak.
Reuters has previously reported that Apple is investigating the matter and working with Tata on long-term measures. Tata has restricted internal access to sensitive systems as it investigates the leak, and hired a global consultant to conduct a forensic audit.
DROP-TEST IMAGESSeveral of the leaked files carried Apple "confidential" watermarks and internal Apple code-names consistent with the iPhone 18 Pro generation, according to the source familiar with the matter.
Inside the folder for iPhone 18 Pro files are photographs of iPhones undergoing drop tests at one of Tata's plants, dated early 2026. They depicted a conventional slab-shaped, grey handset with a three-rear-camera setup and the Apple logo.
Reuters could not with certainty identify the model number of the phone, but the source said the photos are of iPhone 18 Pro models.
For Apple and Tata, the breach cuts at the trust underpinning their partnership. Apple's move into India rests on its newest major assembler Tata, just as the company increasingly diversifies beyond China.
The bet has fast paid off: India is on track to make 26% of the world's iPhones in 2026, up from 6% four years ago, according to Counterpoint, a research firm.
Reporting by Munsif Vengattil, Aditya Kalra, and Stephen Nellis; Editing by Nick Zieminski
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Based in Bengaluru, Munsif Vengattil leads Reuters' technology news coverage in India. He tracks themes at the intersection of tech, business, and labor. A reporter for nine years, Munsif has written extensively on India's electronics manufacturing aspirations and its tech policy space, AI and election interference, satellite internet, streaming wars, and data breaches. His stories also focus on investigating corporate strategies and revealing India-specific initiatives and challenges of the biggest of tech firms - from Apple, Facebook, and Google, to Foxconn, Samsung, and Nvidia.
Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's biggest companies. He joined Reuters in 2008 and has in recent years written stories on challenges and strategies of a wide array of companies -- from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He also extensively works on deeply-reported and investigative business stories.
Waymo ukončila v Phoenixu dostupnost robotaxi přes aplikaci Uber, čímž po téměř třech letech skončilo jejich partnerství v tomto městě. Vozidla jsou nyní zpět v aplikaci Waymo.
Waymo robotaxis are no longer available on Uber’s ride-hail app in Phoenix, Arizona, ending a nearly three-year partnership in the city, both companies confirmed to TechCrunch on Monday.
Uber said it is readying the launch of a separate autonomous vehicle partnership in the city, but did not name the partner. Waymo told TechCrunch that the vehicles Uber used for this “pilot” program have already been integrated into its own Phoenix fleet, available through its app. Waymo users started noticing that the company’s vehicles were absent from Uber’s network in recent days. Waymo’s vehicles are still available on Uber in Austin and Atlanta, for instance.
The quiet end to this partnership in Phoenix, which Waymo said happened in May, comes as the Alphabet-owned company is starting to put its newest robotaxis — the Zeekr-made van it calls Ojai — on the road. It’s also happening as the Uber-Waymo relationship appears to be wearing in some places, with the two companies poised to directly compete against each other in London as early as this year.
Still, both companies praised the collaboration in Phoenix as a successful jumping-off point for their respective robotaxi plans, which have gotten increasingly ambitious since 2023.
“This was a productive pilot that paved the way for future expansions and partnerships across the globe. After hundreds of thousands of trips with Uber, we have integrated these vehicles back into our Phoenix fleet, where they will continue to serve riders through Waymo, including our public transit integration with Via, and delivery with DoorDash,” Waymo told TechCrunch. “We’re grateful to all of the Uber customers who took fully autonomous trips with us, and we look forward to continuing to serve the Phoenix community.”
“Phoenix was our first pilot market with Waymo and was an intentionally limited deployment, reaching just over a dozen vehicles dedicated to the program. We learned a lot from that collaboration, which helped us to quickly scale Austin and Atlanta, where hundreds of Waymo AVs are available exclusively on Uber and our coverage area continues to expand,” Uber said.
The robotaxi landscape looks much different than it did when these two companies kicked off this collaboration in 2023. Back when it was first announced, the idea of Uber and Waymo partnering up still seemed unlikely given their messy legal battle that ended in a settlement in 2018. Robotaxis as a technology were in a far more uncertain place, as no operator had reached scale yet. Cruise was still seen as a viable competitor, as it had not yet gone through its own scandal and been absorbed into General Motors.
In the three years since, Waymo has grown its fleet to around 4,000 vehicles, and Uber has inked deals to add dozens of autonomous vehicle partners to its network.
This Phoenix partnership remained an unusual one, as it was the only city where Waymo operated directly and through Uber. Waymo is in the process of launching in around 20 new cities this year, is operating in 11 major U.S. metro areas, and the company offers more than 500,000 trips every week.
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Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
You can contact or verify outreach from Sean by emailing [email protected] or via encrypted message at okane.01 on Signal.
Citi zvýšila cílovou cenu pro SanDisk na 2 500 USD z 2 025 USD a ponechala doporučení Buy. Opírá se o silný růst tržeb z datacenter a napjatý trh NAND.
Most of the Street holds more moderate views SanDisk (NASDAQ:SNDK | SNDK Price Prediction), with the consensus 12-month target sitting at $1,912.04. Then Citi’s Asiya Merchant raised her target to $2,500 from $2,025 on June 25, 2026, maintaining a Buy landed and reset the ceiling. Consensus implies roughly flat from here. Citi sees $500 more to go per SNDK share.
But can SNDK realistically reach $2,500 by the end of 2026? The setup is unusual: a memory company posting hyperscaler-grade growth, zero long-term debt after retiring $650 million in obligations, and a freshly authorized buyback running alongside Q4 guidance that implies sequential acceleration.
For long-term investors and retirement accounts, the question is whether the structural NAND cycle has truly changed, or whether this is another cyclical peak dressed up as secular growth.
Asiya Merchant’s $2,500 SNDK prediction Citi analyst Asiya Merchant’s call hinges on Micron’s blowout quarter signaling the NAND market stays tight through 2027. The fundamentals back it. SanDisk just posted revenue of $5.95 billion, a 25.68% beat, with datacenter revenue up 645% YoY and 233% sequentially. Gross margin expanded from 22.5% to 78.4% YoY. That is the mechanic Citi is pricing. Datacenter revenue surged 645% year-over-year to $1.47 billion, Edge climbed 295% to $3.66B, and even the Consumer segment grew 44% to $820 million. This is broad-based strength that distinguishes this cycle from prior NAND upturns driven by a single end market.
Furthermore, CEO David Goeckeler framed the quarter as “a fundamental inflection point for Sandisk — where our technology leadership is enabling a deliberate shift in our mix toward the highest-value end markets, led by Datacenter.” He also flagged the company’s “new business model built on multi-year customer engagements backed by firm financial commitments,” which he said is “driving structurally higher and more durable earnings power.” Five such New Business Model agreements have already been signed: three in Q3 and two in Q4. This gave Citi rare multi-year visibility into a name that historically traded on spot-pricing whims.
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Key drivers of SNDK stock performance Structural NAND shortage. Supply tightness is expected to persist through 2028. That tightness acts as a moat that protects pricing across the multi-year window retirement accounts depend on. Industry watchers expect the imbalance to persist through 2028, supported by disciplined capex from SanDisk, Kioxia, and the rest of the NAND oligopoly. AI datacenter demand. Hyperscaler capex plus KV-cache offload to SSDs put NAND at the center of inference infrastructure. Five multi-year customer agreements signed give rare earnings visibility for a memory name. The ramp of BiCS8 NAND and the rollout of High Bandwidth Flash (HBF) for AI inference further expand the addressable market beyond traditional storage. Cash generation. $2.99 billion of free cash flow last quarter, zero long-term debt, and a fresh buyback authorization fund the next phase without dilution. With zero long-term debt and a newly authorized share repurchase program, management has optionality on capital returns that few memory peers can match. What will it take for SNDK to reach $2,500? SanDisk’s implied market capitalization would be roughly 25% more than the current $300 billion market cap. For that to clear, three conditions matter.
NAND pricing has to hold into 2027 and beyond, which would validate the structural-shortage thesis. Q4 guidance of $7.75 billion to $8.25 billion in revenue and Non-GAAP EPS of $30 to $33 needs to land at or above the high end, with non-GAAP EPS of $30.00–$33.00 and gross margin of 79.0%–81.0% confirming that pricing power is sticking. The New Business Model contracts must scale toward the $42 billion in committed supply already cited by analysts, locking in multi-year revenue at premium margins. The primary risk is valuation. Trailing P/E sits near 70x, the stock has dropped about 13.6% in a single session during a Korea-led tech selloff, and insider selling has appeared at the highs. Other risks include reliance on the Kioxia strategic relationship, customer concentration among hyperscalers, evolving trade and tariff policy, and cybersecurity exposure inherent to large-scale semiconductor operations.
SanDisk only separated from Western Digital (NASDAQ:WDC) in February 2025, so the standalone operating track record is short. Therefore, investors are effectively underwriting a thesis based on a handful of quarters.
Still, if the shortage thesis holds and the New Business Model contracts deliver the visibility management has promised, Citi’s $2,500 is defensible. Moreover, the long-term setup remains intact for investors who can stomach the volatility.
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PayPal rozšiřuje PYUSD na 70 trhů a přesouvá stablecoin do nové divize Payment Services & Crypto. Cílem jsou rychlejší a levnější přeshraniční platby pro obchodníky.
Key Takeaways PayPal is expanding PYUSD to support faster, more connected merchant payment options.PYUSD is available in 70 markets, helping merchants and customers handle cross-border payments.PayPal's new Payment Services & Crypto business line combines processing, fraud tools and PYUSD. PayPal (PYPL - Free Report) is strengthening its focus on PYUSD to support its long-term merchant payments business. In the first quarter of 2026, the company moved its stablecoin business into the newly created Payment Services & Crypto business line, bringing together payment processing, merchant solutions and crypto services. This reflects PayPal’s focus on providing merchants with faster and more connected payment options as global commerce continues to expand.
The company’s U.S. dollar-backed stablecoin, PYUSD, expanded its availability to 70 markets, allowing more merchants and customers to use the digital currency for cross-border transactions. The expanded reach supports PayPal’s efforts to strengthen its international payment network.
Stablecoins can make payments quicker and more cost-effective by reducing delays and simplifying the movement of funds across countries. As businesses increasingly operate across borders, the company sees rising demand for payment methods that improve transaction speed while lowering costs.
The Payment Services & Crypto division combines Braintree’s payment processing capabilities with fraud prevention, authorization tools and global payment infrastructure. Adding PYUSD to this platform gives merchants another way to accept and transfer funds while benefiting from PayPal’s existing payment ecosystem.
While the stablecoin has made decent progress so far, significant expansion potential remains. Broader adoption by merchants and consumers could improve payment efficiency, lower transaction expenses and strengthen the company’s position in digital payments. The continued expansion of PYUSD is expected to support PayPal’s efforts to build a more flexible and globally connected payments platform.
PYPL Faces Tough Competition in the Payments SpaceBlock (XYZ - Free Report) is expanding Cash App beyond peer-to-peer payments by adding services such as the Cash App Card, direct deposit, borrowing and investing. This broader financial ecosystem is increasing customer engagement, driving Cash App's gross profit climb 38% year over year to $1.91 billion in the first quarter of 2026.
Apple (AAPL - Free Report) continues to strengthen its payments ecosystem through Apple Pay, Apple Wallet and Tap to Pay. With Tap to Pay now available in more than 50 markets and record transaction and paid accounts, these services are boosting user engagement and supporting record Services revenue, which reached a record $31 billion in the second quarter.
PYPL’s Share Price Performance, Valuation & EstimatesShares of PayPal have declined 0.2% in the past three months, outperforming the broader industry but underperforming the S&P 500 Index.
Image Source: Zacks Investment Research
From a valuation standpoint, PayPal shares are trading cheaply, as suggested by the Value Score of A. In terms of forward 12-month P/E, PYPL stock is trading at 8.00X, which is at a significant discount to the Zacks Financial Transaction Services industry’s 17.29X.
Image Source: Zacks Investment Research
PayPal’s estimates have remained unchanged over the past month. The Zacks Consensus Estimate for full-year 2026 EPS is pegged at $5.30.
Image Source: Zacks Investment Research
PayPal currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Moderna představila plán rozšířit byznys mimo vakcíny a akcie vyskočily téměř o 13 % na 52týdenní maximum. První in vivo CAR-T kandidát mRNA-6007 chce dostat do klinických studií do konce roku 2027.
Key Takeaways Moderna outlined a three-horizon pipeline strategy to diversify beyond vaccines across new therapies.MRNA plans to advance its first in vivo CAR-T candidate into clinical studies by the end of 2027.Moderna highlighted AI integration to speed drug discovery and cited several upcoming clinical catalysts. Shares of Moderna (MRNA - Free Report) rose nearly 13% on Friday after the company unveiled a long-term strategy to transform itself from a vaccine-maker into a diversified biotechnology company.
Moderna Looks Beyond Its Vaccine BusinessAt its Science Day event, Moderna outlined plans to expand beyond its traditional vaccine business by leveraging its messenger RNA (mRNA) platform across multiple therapeutic areas.
To execute this strategy, the company has divided its pipeline into three horizons. Horizon 1 comprises its commercial products and late-stage pipeline assets, including the Merck (MRK - Free Report) -partnered personalized cancer therapy, intismeran autogene, and rare disease therapeutics.
Horizon 2 focuses on emerging clinical programs currently being evaluated in early-stage studies. These include cancer antigen therapies such as mRNA-4359, mRNA-4106 and mRNA-4200, along with T-cell engagers, cell therapy enhancers and an investigational therapy for multiple sclerosis.
In contrast, Horizon 3 or "future modalities," consists of earlier-stage research programs that have yet to enter the clinic. These include in vivo CAR-T and CAR-M cell therapies, which could become the company's next-generation growth platforms. As part of this horizon, Moderna unveiled mRNA-6007, its first in vivo CAR-T therapy, which it plans to develop for systemic lupus erythematosus (SLE) and other B-cell-mediated autoimmune diseases. The company expects to advance the candidate into clinical studies by the end of 2027.
MRNA Stock PerformanceThe broader pipeline strategy highlights Moderna's efforts to leverage its mRNA platform beyond vaccines and build multiple long-term growth franchises across oncology, rare diseases, autoimmune disorders and cell therapies. Investors appear to have welcomed this diversification strategy, helping lift the stock to a 52-week high of $69.29.
Year to date, the stock has skyrocketed 128% compared with the industry’s 5% growth.
Image Source: Zacks Investment Research
Moderna Explores AI to Accelerate Drug DiscoveryBeyond expanding its pipeline, Moderna also highlighted plans to expand its use of artificial intelligence (AI) to accelerate drug discovery and development. The company is integrating AI, machine learning and platform data to improve target identification, optimize molecule design and streamline clinical development.
Management believes these capabilities will help improve R&D productivity and support the development of future mRNA-based medicines across multiple therapeutic areas.
Upcoming Catalysts Drive MRNA StockSeveral near-term catalysts could support Moderna’s long-term growth strategy. These include a potential FDA approval of its seasonal influenza vaccine, which is expected early next month.
Investors will also be watching several important clinical milestones that could serve as catalysts for the stock over the coming quarters. These include phase III data on intismeran in melanoma, a readout from the company's late-stage norovirus vaccine program and data from the registrational study evaluating its propionic acidemia candidate.
MRNA’s Zacks RankModerna currently carries a Zacks Rank #3 (Hold).
Key Picks Among Biotech StocksSome better-ranked stocks from the sector are Immunocore (IMCR - Free Report) and Indivior Pharmaceuticals (INDV - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past 60 days, estimates for Immunocore’s 2026 bottom line have improved from a loss per share of 88 cents to earnings of 6 cents. Over the same period, estimates for 2027 EPS have risen from 24 cents to 87 cents. IMCR’s shares have lost nearly 11% year to date.
Immunocore’s earnings beat estimates in three of the trailing four quarters but missed the mark on one occasion, delivering an average surprise of 46.66%.
Over the past 60 days, estimates for Indivior Pharmaceuticals’ 2026 EPS have increased from $3.33 to $4.05. Over the same period, EPS estimates for 2027 have risen from $3.56 to $4.27. INDV’s shares are up nearly 17% year to date.
Indivior Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 65.44%.
Key Takeaways WELL's SHO portfolio benefited from strong demand, lifting first-quarter 2026 SSNOI 16.4% year over year. WELL closed $3.3B of investments in Q1 2026 and has $7.2B more closed or under contract after quarter-end.WELL had $11.1B of liquidity and used free cash flow to repay $700M of senior notes after quarter-end. Shares of Welltower (WELL - Free Report) have gained 20.9% in the past six months, outperforming the industry’s 12.4% upside.
The healthcare real estate investment trust (REIT) holds a diversified mix of healthcare real estate assets across the United States, Canada and the U.K. As populations age and senior healthcare spending rises, its seniors housing operating (SHO) portfolio is well positioned to benefit from growing demand.
Image Source: Zacks Investment Research
Let us decipher the possible factors behind the surge in the stock price of this Zacks Rank #3 (Hold) company.
Welltower continues to benefit from a demand backdrop, supported by an aging population and muted new supply, which have kept occupancy recovery and pricing power intact across the SHO portfolio. Its first-quarter 2026 results reflected total portfolio same-store net operating income (SSNOI) year-over-year growth of 16.4%, driven by 22.1% increase in the SHO portfolio.
Welltower’s investment strategy remains focused on adding seniors housing assets in high-growth markets while expanding operator and geographic diversification. In the first quarter of 2026, the company closed $3.3 billion of pro rata gross investments and, after quarter-end, closed or is under contract to close an additional $7.2 billion of pro rata gross investments.
Welltower is recycling capital into seniors housing and simplifying the portfolio. The outpatient medical portfolio disposition remains a key source of proceeds, with 60 properties sold in the first quarter of 2026 for a total sales price of $1.38 billion. Total cash proceeds from real estate dispositions were $1.72 billion in the first quarter of 2026, reflecting a mix of outpatient medical, triple-net and seniors housing asset sales. Management’s 2026 guidance framework contemplates $4.3 billion of dispositions, which should continue to provide funding capacity for reinvestment.
Welltower’s recent acquisitions have increased exposure to seniors housing in the United States, the U.K. and Canada. Subsequent to quarter-end, on April 1, 2026, Welltower completed the previously announced Amica Senior Lifestyles acquisition in Canada for a pro rata purchase price of C$4.1 billion. The Barchester acquisition, which continues to add both SHO and triple-net assets in the U.K., contributed $238.8 million of revenues in in the first quarter of 2026, while the HC-One acquisition, which added 282 U.K. senior housing properties, contributed $289.1 million in the same quarter. These transactions expand the company’s scale across high-quality portfolios and are expected to support longer-term NOI growth.
Welltower has a healthy balance sheet position and ample liquidity to support continued investment activity. As of March 31, 2026, it had $11.1 billion of available liquidity. Subsequent to quarter-end, the company repaid $700 million of senior unsecured notes at maturity in April 2026 using free cash flow.
Given the above-mentioned factors, we believe the stock’s rising trend is expected to continue in the near term.
Key Risks for WELLA competitive landscape in the senior housing market and tenant concentration in its outpatient medical portfolio are likely to hurt Welltower. Sustained higher interest expenses can weigh on FFO growth.
Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are Cousins Properties (CUZ - Free Report) and Prologis (PLD - Free Report) , each carrying a Zacks Rank of #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for CUZ’s 2026 FFO per share is pegged at $2.95, which indicates year-over-year growth of 3.87%.
The Zacks Consensus Estimate for PLD’s full-year FFO per share is pinned at $6.17, which calls for an increase of 6.20% from the year-ago period.
Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.
Big Tech kvůli AI potřebuje nepřetržitý přísun energie, což zvyšuje tlak na NextEra Energy i Enbridge. NextEra hlásí zájem o velké odběry v objemu 21 GW, zatímco Enbridge těží z poptávky po přepravě paliva.
NextEra Energy (NYSE: NEE | NEE Price Prediction) and Enbridge (NYSE: ENB) both just reported, and the contrast matters. Big Tech wants uninterrupted power for AI training, and these two answer that demand from opposite ends of the energy system. NextEra builds the plants. Enbridge moves the fuel. The quarter shows why investors leaning on a pure renewables story may need to recalibrate.
Renewables Backlog Swells. Pipelines Stay Booked Solid. NextEra posted Q1 adjusted EPS of $1.09, up 10% YoY, on revenue of $6.701 billion. Energy Resources added 4 gigawatts to backlog, lifting the total to roughly 33 gigawatts including 1.3 gigawatts of battery storage. CEO John Ketchum said FPL is fielding “about 21 gigawatts of large load interest”, with around 12 gigawatts in advanced talks. The Department of Commerce tapped NextEra to build 9.5 gigawatts of new gas-fired generation in Texas and Pennsylvania.
Enbridge reported adjusted EPS of $0.98, down from $1.03, while distributable cash flow rose to $3.85 billion. Mainline volumes averaged 3.2 million barrels per day, with CEO Greg Ebel noting the system has been “apportioned all year.” Enbridge sanctioned the 300 MW Cone onshore wind project in Texas, extending its Meta partnership past 1 gigawatt of combined power generation.
Build the Power Plant vs. Move the Fuel Lens NextEra Enbridge Core bet Renewables, nuclear restart, new gas Gas pipelines, storage, select renewables AI hook Google nuclear PPA, 40 data center hubs 10 Bcf/d takeaway opportunity Dividend yield ~2.7% ~6.8% Forward P/E 22 27 The intermittency problem sits behind every NextEra bull case. AI training models and data center campuses require continuous, 100% stable, always-on baseline power, and wind and solar do not deliver that without cost-prohibitive utility-scale storage. Ketchum clearly knows it, which is why NextEra is restarting Duane Arnold’s 615 MW reactor under a 25-year Google PPA and accepting a federal mandate to build gas. Enbridge sidesteps that debate, earning take-or-pay fees on fuel that fires plants other companies build.
The AI Baseload Test Comes Next Watch whether NextEra converts that 21 GW of FPL large load interest into signed tariffs by year-end, and whether Duane Arnold stays on its Q4 2028 to Q1 2029 restart timeline. For Enbridge, the 50+ data center opportunities targeting new takeaway capacity are the swing factor. Ebel’s C$40 billion sanctioned backlog already supports the 31st consecutive annual dividend increase, so execution risk feels lower.
Why I Lean Toward Enbridge for AI-Era Income For a defensive way to play surging AI power demand, Enbridge looks more durable. The 6.8% yield is backed by contracted cash flows, leverage at 5.0x debt-to-EBITDA sits at the top of the target range but stays manageable, and the gas-as-baseload narrative strengthens as hyperscalers chase 24/7 reliability. NextEra remains the higher-growth story, with 8%+ EPS CAGR through 2032 and visible hyperscaler wins. Yet the premium valuation, the $24.6 billion 2025 capex pace, and the Q4 2025 EPS of $0.54 against a $0.92 consensus tell me the execution bar is high. For investors prioritizing capital preservation in an AI grid that punishes intermittency, ENB screens as the more defensive profile.
Duke Energy ukončí svůj nájem pro offshore větrnou elektrárnu v oblasti Carolina Long Bay v rámci dohody s americkým ministerstvem vnitra. Firma zároveň znovu investuje téměř 129 milionů USD do nové výrobní kapacity elektřiny v Carolinách.
Duke Energy’s Oconee Nuclear Station in Seneca, South Carolina, U.S., October 12, 2025. REUTERS/Liz Hampton/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 29 (Reuters) - Duke Energy (DUK.N), opens new tab will end its offshore wind lease in the Carolina Long Bay area as part of a settlement agreement with the U.S. Department of the Interior, the department said on Monday, in the latest move by U.S. President Donald Trump to shift investments away from the renewable power source.
President Donald Trump's administration has reached deals with multiple power companies this year to terminate offshore wind leases in exchange for pledged investments in fossil fuel-fired electricity.
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Under the latest agreement, Duke will reinvest nearly $129 million in additional electric power capacity in the Carolinas. Duke, in the same statement, said it is considering investments in nuclear power, which is virtually emissions-free, and power from natural gas, a fossil fuel, along with grid investments.
Reporting by Pooja Menon in Bengaluru and Laila Kearney in New York
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