Smart investors know to watch out for bear markets. Wise investors, however, know the signs of such setbacks aren't always obvious. Sometimes you need to keep your eyes peeled for subtle hints of trouble.
Harvard University economist Xavier Gabaix thinks we may be seeing one of those hints right now. He's observed that investors often buy into initial public offerings -- like the recent one from Space Exploration Technologies (SPCX 0.97%) (aka SpaceX) and the impending ones from OpenAI and Anthropic -- with money from the sale of other stocks. His number-crunching shows that historically, for every $1 removed from the market, the total market cap of the stock market falls by $5. Investment advisory outfit GMO performed a similar analysis and got a similar (but slightly worse) outcome.
And there's no denying that public offerings are flowing in earnest now. J.P. Morgan Private Bank, the wealth management division for JPMorgan, predicts a total of $260 billion will be raised this year through the issuance of newly minted stocks. That nearly eclipses the post-pandemic fundraising surge of 2021, when companies rushed to capitalize on the rapid economic recovery then underway as well as on a market that was receptive to new publicly traded companies at any price. The last time we got anywhere close to these inflation-adjusted levels was back in 1999-2000, right before the dot-com crash. Before that, you have to go back to 1929 to see anything quite like what's happening now. Of course, that's the year Black Tuesday kicked off a miserable bear market and the Great Depression.
Connect the dots. Exuberance seems to be at its highest right before everything unravels.
More to the point for investors right now, the current flood of new fundraising implies that corporate confidence -- in businesses as well as the economy -- is dangerously high, portending a fall. Indeed, some analysis suggests a tumble of about 40% within a year could be in the cards.
There's something to it The concern stemming from the correlation makes sense, and not just because of what happened a couple of times in the past. There was a pretty good swell of IPO activity in 2014, too. Although it didn't lead to a recession or a bear market, it did precede an economic headwind and a measurable setback in the S&P 500's (^GSPC +0.72%) earnings as well as in domestic corporate profits the following year. And when Black Monday unfurled back in October of 1987, a whopping 229 companies were planning public offerings (versus about 200 so far this year), according to numbers gathered by research company EBSCO, looking to capitalize on the steep valuations the bull market of the time was supporting.
Just understand that correlation isn't causation. If the market is set for a sizable setback, it's not specifically because too many companies are raising too much money by going public. That's a symptom, not the cause.
Image source: Getty Images.
Rather, if a pullback occurs, it will be because most investors decide that stocks as a whole aren't justifying their current valuations with actual earnings -- current or projected.
That's a distinction worth highlighting because bear markets can happen with or without an explosion in the number of IPOs or the amount of money they're raising. For instance, we didn't see a bunch more public offerings in 2007 before 2008's subprime mortgage meltdown, which also ended a nice bull market. Conversely, while IPOs peaked in 1999 right before 2000's tumble, public offerings were unusually high -- in terms of total count and money raised -- for most of the 1990s. The market rallied most of that time anyway.
The point is, when you're picking stocks or deciding to be in or out of the market, you should evaluate each situation individually.
So what's the answer? The recent swell of IPO fundraising is an important nuance to consider since it could be an indicator of what former Federal Reserve Board Chairman Alan Greenspan labeled "irrational exuberance" back in 1996, when the dot-com mania first started heating up. It's just one of many details to consider, though, and it certainly shouldn't scare you. Scared investors make rash decisions that end up hurting them in the long run. Informed investors make well-reasoned decisions that accurately weigh risks against rewards, and they make measured changes to their portfolios as that information evolves.
In other words, don't panic here. If a bear market is brewing, it won't unfurl in a single day. Use the time you've got to think your decisions through. And never say never. Again, public offerings were unusually elevated for the better part of the 1990s, but the market logged gains for most of this stretch. Something similar could happen now, in defiance of the historical odds.
It's also possible that investors' selling existing positions to fund participation in this year's IPOs won't actually send the shares of those existing holdings lower this time around. This is a very unusual market environment, after all, one in which small-time retail traders are more active and have more impact than they ever have before. If nothing else, small investors are more likely than their bigger institutional counterparts to buy stocks on a dip, buoying the market.
Still, don't ignore the sudden swell of IPOs. There's no denying that when you see something this rare, something unusual is happening. The trick is figuring out what that thing really is.
The question of who owns the most stock means more when you're asking about Space Exploration Technologies (SPCX 0.97%) than when you're asking about a typical public company. The June 2026 IPO floated a thin slice of the business -- nearly 4.3% of the equity -- which means the people and firms who held shares before the debut own the rest. The ownership structure that developed across two private decades when SpaceX was a private company is the one that governs it now that it's public, and it puts a small number of names in charge of a $2 trillion enterprise.
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Elon Musk owns the most SpaceX stock There is no contest at the top. Elon Musk holds close to 42% of the equity, a stake worth more than $1 trillion at the IPO valuation. Musk's block sits under a lockup that lasts until June 2027, with no early release provision, so the largest holder is a seller of nothing for the first year on the market.
Image source: Getty Images.
The outside investors who own the most SpaceX stock Behind Musk, the biggest holder is a name many investors miss. Alphabet (NASDAQ: GOOG) (GOOGL +1.87%), the parent of Google, owns close to 7% of SpaceX, a position that can be traced to a $1 billion investment it made alongside Fidelity in January 2015 (Alphabet invested $900 million, with Fidelity contributing the remaining $100 million). That single check turned Google into the largest outside shareholder in the company, a bet on rockets from a search and advertising business.
The early venture backers hold the most striking returns rather than the largest slices. Founders Fund, a firm co-founded by Peter Thiel, wrote a $20 million check in SpaceX's 2008 Series C round, and that stake is now worth $50 billion. Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners each hold positions of around 2% or below. The February 2026 merger with xAI added new faces to the list, including Nvidia and the Qatar Investment Authority, a sovereign wealth fund.
The employees and the public shareholders One large block hides in plain sight. SpaceX pays its workforce with restricted stock units and options, so employees hold a collective stake that the company does not break out in its filings. That group has waited years for the tender offers, and the staggered lockup schedule that lets them sell, and the size of their holdings is one of the least visible parts of the ownership story.
You don't have much power if you buy SpaceX Beyond them sit everyone who bought at the IPO or after. Public shareholders own the small float, and more shares will reach the market as insider lockups expire throughout late 2026.
The ownership map delivers one clear message: Buying SpaceX stock makes you an owner of the economics, but it doesn't give you a voice in the company's direction. SpaceX uses a dual-class structure: Musk's Class B shares carry 10 votes each, giving him 82.4% of the voting power. A public shareholder who buys Class A stock gains economic exposure to the rocket and satellite business without a real say in how it is run.
Put plainly, the float exists so the public can fund the vision while the people who already own it decide what that vision costs and who profits from it. You get a ticker, a price that moves, and the privilege of watching Musk run a $2 trillion company on your money. If the board ever faces a hard call between what serves Class A holders and what serves the man holding 82.4% of the votes, the math has been settled since before you showed up.
You are along for the ride, not steering it, and the ride is being priced at a valuation that assumes almost everything goes right. Whether that's a risk you want to take is up to you.
After three years of spectacular gains, technology companies faced a rockier path in the first half of this year -- particularly in the first quarter. Investors worried about the pace of spending on artificial intelligence (AI) and whether the revenue opportunity would make it all worthwhile. Turmoil in Iran also weighed on sentiment as energy prices rose and investors carefully watched U.S. economic reports -- and many of these reports prompted them to question the strength of the economy. All of these uncertainties pushed investors into a rotation out of certain AI stocks and into companies viewed as offering more revenue stability.
The situation brightened in the second quarter, as strong corporate earnings reports and work toward peace in Iran offered investors reason for optimism. The S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average even advanced in the double digits. And the Dow posted its best first half in five years.
But, during the first half, one particular tech stock had a difficult time. This giant was the worst-performing mega-cap in the Dow over that period. Is the company a stock to avoid, or is it offering investors a no-brainer buying opportunity right now? Let's find out.
Image source: Getty Images.
Platforms you may use daily Which company am I talking about? One that you probably know very well -- you may even use one of its key products daily at work or at home. I'm talking about Microsoft (MSFT 0.94%), owner of the Microsoft 365 suite of apps, including the immensely popular platforms Word and Excel.
Microsoft stock dropped about 20% in the first half of the year, posting the biggest loss of any mega-cap member of the Dow Jones Industrial Average. Why such a decline? Earlier in the year, as the abilities of AI models progressed, some investors started to worry that AI would eventually replace software. As a result, software stocks such as Microsoft slid.
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Now, I'll address this concern right away: It's very possible that AI could replace some software down the road -- but I wouldn't expect the Microsoft 365 suite to be part of this group. Companies have extensively integrated Microsoft's software into their operations, meaning it would be difficult, time-consuming, and costly to drop this platform in favor of another option. It's also important to note that Microsoft's software integrates AI, offering AI features such as Copilot to users. So as AI advances, Microsoft's software is likely to improve too.
Meanwhile, at home users of Microsoft may not be quick to shift out of their habits of writing on Microsoft Word, for example, and favor a new system. People tend to stick with what they feel most comfortable with -- and many people have been using Microsoft's software for decades.
AI as a valuable partner So I don't think AI represents a major threat to Microsoft, and instead, it may even be a valuable partner. On top of this, Microsoft's cloud business is significantly benefiting from AI as it offers AI products and services to its customers. In the recent quarter, the company said its AI business soared 123% to exceed an annual revenue run rate of $37 billion. As a cloud leader and a key partner of OpenAI -- Microsoft has invested about $13 billion in the AI lab -- Microsoft is well-positioned to win in the coming chapters of the AI story.
Of course, Microsoft stock may not soar as much as a young, up-and-coming AI stock, but that's OK. The company has a profile that may suit a broad range of investors: Its earnings track record will impress cautious investors, and its exposure to AI will please growth investors. And this combination should support stock performance over the long run.
Meanwhile, Microsoft looks dirt cheap at 20x forward earnings estimates, making this Dow Jones stock a no-brainer buy right now.
Xbox is doing a "reset," but can it reboot the business?
Microsoft's gaming brand cut 1,600 employees on Monday, with an additional round of layoffs expected before June 2027, according to an employee memo from Xbox CEO Asha Sharma. The layoffs are part of a massive restructuring by Microsoft, which is cutting about 2.1% of its total workforce, or roughly 4,800 employees.
Approximately 350 people affected are from four gaming studios that Xbox plans to offload to outside management: Compulsion Games, Double Fine, Ninja Theory and Undead Labs, all of which were bought within the last eight years. A fifth, Arkane Studios in France, could also be sold or spun off.
Sharma, who took over Microsoft's gaming division in February, said in her statement that Xbox's business operation is "not healthy," that costs are too high and the customer base too low. She said Game Pass -- a monthly subscription that provides access to Xbox's collection of games -- and the company's in-house portfolio of games has not grown fast enough.
Over the past few months, Sharma seemed to acknowledge Xbox's weaknesses and pushed changes to address them, including lowering the price of the subscription service.
Xbox has had a tumultuous history, rising to dominate earlier console generations before falling to Sony and Nintendo in the last decade. The original Xbox console launched on Nov. 15, 2001, to compete with Sony's PlayStation 2 and the Nintendo GameCube.
While Xbox console sales were at or near No. 1 in the US during the Xbox 360 era in the early 2010s, by the prior and current console generation defined by the Xbox Series X and PS5, Sony's PlayStation is now the global market leader, accounting for nearly half of all sales, with Nintendo's Switch at 27% and Xbox at 23%.
What happened to XboxIn a video titled "How Things Got So Bad at Xbox," Bloomberg reporter Jason Schreier argues that Xbox's current turmoil is the result of inconsistent strategy, shifting priorities and a late-stage push for profitability after massive spending.
Schreier traces Xbox's decline from a console-first business to a sprawling, internally conflicted organization with hardware, software, subscriptions and studios pulling in different directions, not to mention expensive acquisitions. Microsoft's $68.7 billion purchase of Activision Blizzard in October 2023 -- the largest acquisition ever in the video game industry -- was followed by repeated Xbox layoffs and the cancellation of games.
In a Bloomberg Live interview last month, Sharma said that Xbox had grown too broad and complex, and was looking to reset the business by focusing on core priorities and long-term sustainability. Sharma said the company needed to look at how it's investing, how it's prioritizing change and how it's operating to return to growth.
In what appeared to be an effort to reassure investors and partners, she called Activision and other studios "incredible assets" and said Xbox will continue to invest in them.
Yet analysts see the sudden cuts and jettisoning of well-known studios as an attack on the Xbox institution that it will be difficult to recover from -- if it does at all.
With this move, Microsoft is slashing and burning 25 years of creativity, infrastructure and goodwill, said Amanda Farough and Mike Futter, game developers and industry analysts who host the Virtual Economy podcast. The message from the top is clear: Do not buy an Xbox.
Farough said that the rapid deaccessioning of Double Fine, Compulsion, and Undead Labs, and the threat to Arkane Lyon, show that current Xbox executives still don't understand the industry.
Divesting from studios and enacting layoffs makes it appear that Microsoft is thinning out to become a more attractive acquisition target, Futter said. Whatever the reason, the result is more instability in one of the worst years within the games industry, with 8,300 jobs lost at the halfway point of the year -- already almost twice as much as in the entirety of 2025, according to the layoff-tracking website GamingLayoffs.com.
"No one is safe," Futter said. "No matter how much you can contribute, how creative you are, how successful your games are, nothing matters more to this leadership than cutting until there's nothing left but the most salable of studios making the next sequel in a household name franchise."
Pundits and media critics have been equally skeptical that Xbox can right the ship. Video game reviewer Max Shockley, whose DreamcastGuy YouTube channel has more than 250,000 subscribers, says Xbox has given up on being a competitive platform. "Games are already releasing half-baked, buggy or downright busted. Less employees won't lead to a more polished product," he told CNET.
Shockley said it will be very difficult for Xbox to develop Project Helix, the codename for its next-gen console that is being conceived as a hybrid to play both Xbox titles and PC games.
"Going into a new console generation with the lowest level of studios and literal billions poured down the drain for zero growth is a complete nonstarter. Their next-generation console, I think, will either not come out or will be fully built by someone else," Shockley said.
The end of the roadFans haven't been happy about the news, either. In a Reddit thread about the restructuring, Xbox fans mostly mocked the company's repeated cycle of buying and cutting studios, framing it as corporate hypocrisy or a "circle of life" for large tech companies.
While some commenters acknowledged that the move could make business sense, others expressed intense disappointment with Microsoft's and Xbox's leadership.
CNET managing editor David Lumb said that even if the layoffs please shareholders, the decision damages trust with gamers and leaves developers paying the price: "It's ghoulish for Xbox CEO Asha Sharma to aspire for a billion daily Xbox players while derailing the lives of thousands of developers making the entertainment to satisfy such aims," Lumb said.
Even if Xbox survives in the long term, this won't "encourage faith in a teetering platform that sprinted to acquire and then relinquished talent-filled studios."
Shockley considers Xbox's future more dire, calling it the "end of the road" and noting that budget cuts, layoffs and studio closures never inspire magically profitable results. "Xbox tried to buy its way to the top of the industry, but the wings of Icarus melted before it reached the heights it needed," Shockley said.
What's nextFor gamers looking forward to the release of new titles, Sharma said there are deals in place for the new owners of Ninja Theory to release its next game, Senua, and for Undead Labs to keep developing State of Decay 3.
Sharma said there will also be reductions and changes in other Xbox units, including Activision, Bethesda/ZeniMax, Blizzard, King, Mojang and Xbox Game Studios. She said all first-party, publicly announced games or projects are still happening.
A month ago, on June 7, Xbox touted Senua -- the third title in the Hellblade series -- at its Xbox Game Showcase. Longtime video game reporter Stephen Totilo of Game File wrote that, according to a source, Xbox "had already planned to sunset or split with the studio" before announcing Senua.
A buzzy Bloomberg report citing Netflix data suggests viewers are increasingly abandoning popular shows before the second season. The likely reasons aren’t hard to guess: Netflix frequently cancels shows, there’s too long a wait in between seasons, and much of Netflix’s content is designed for an algorithm instead of for the sake of art.
But the data also points to a shift in how people are consuming entertainment. Netflix’s defining innovation – the binge — was built for an era when streaming was competing with traditional TV. Today, Netflix is competing with TikTok, YouTube, Reels, and various microdrama apps. That shift makes Netflix’s binge model feel like a dated relic from another era.
Bingeing helped Netflix beat TV When Netflix first dropped an entire season of “House of Cards” in February 2013, it was a revelation.
Ad-free, internet-connected TV meant we could be unshackled from the traditional routine of once-per-week shows punctuated by commercials. Instead, bingeable shows meant viewers could be entertained for hours on end, quickly forming a bond with titles and their characters that would have otherwise taken years to develop. Plus, you could drop in on them at any time — not only the day the network decided to air them, as with linear television.
This way of viewing made sense in a world where Netflix was largely still competing with traditional TV like broadcast, cable, and satellite. But Netflix won that fight. Nielsen in June 2025 announced that the TV era reached a new milestone, when the Netflix-style streaming format for the first time eclipsed broadcast and cable viewing — a milestone that made clear Netflix’s original competition was no longer the threat.
Now Netflix’s competition isn’t the TV of old, but what has become the TV of today: video apps.
TikTok and YouTube are today’s threats Thanks to the rise of TikTok, Reels, and other short-form video platforms, there’s no need for you to visit Netflix when you have a couple of hours to kill with mindless entertainment. There’s an endless, free supply of video you can turn to instead.
According to eMarketer analysts, TikTok was already nearing Netflix in terms of time spent back in 2024, when U.S. adults were spending an average of 62.1 minutes per day streaming from Netflix and 58.4 minutes per day on TikTok. In 2024, the Financial Times reported that, globally, TikTok users spent an average of 95 minutes per day on the app, the highest engagement rate among major social networks.
Image Credits:eMarketer Then there is YouTube, which offers a combination of both short and longer-form content. Per a report released this year by Digital i, YouTube surpassed Netflix in average daily viewing for the first time, with 99.1 minutes daily in 2025 compared with Netflix’s 93.4 minutes.
These market reports use differing methodologies and demographics, so they should be taken with a grain of salt — but directionally, they point the same way. YouTube and apps like TikTok are Netflix’s real competition, not TV.
Netflix has even acknowledged this existential threat by way of a product redesign in April that added a TikTok-like feed based on Netflix content.
Where Netflix gets the feed wrong is that it’s still pitched as a way to help you find something to watch, rather than being the thing you watch. It’s understandable why Netflix went this route, given its library, but it’s not necessarily what the end user wants. Today, many people with dopamine-drained attention spans are instead seeking out microdrama apps in growing numbers when they want a serialized storyline they can consume in minutes.
Image Credits:ReelShort According to data from the app intelligence firm Appfigures, one top microdrama app, ReelShort, saw roughly $1.2 billion in gross consumer spending in 2025, up 119% from 2024, TechCrunch’s Amanda Silberling previously reported. Meanwhile, another leading app, DramaBox, generated $276 million in gross consumer spending last year, more than doubling its 2024 numbers. Even TikTok acknowledged the competition, launching a microdrama app of its own to test the market appetite for this type of content.
Where does Netflix go from here? Where does that leave Netflix, whose claim to fame has been full seasons dropped at once for rapid consumption?
Likely, it will have to rethink how it’s greenlighting, producing, and releasing what it considers a “TV show.”
That doesn’t mean that the Netflix model has to pivot entirely to short-form to keep up with the competition, but it may need to reconsider how people want to stream. Viewers may no longer want to commit the hours and weeks it takes to get through a show and all of its subsequent seasons, for instance. They want something that feels more “finishable,” the way you can easily get through a YouTube video or TikTok series from a creator.
A simple fix could see Netflix try prioritizing single-season shows, traditionally known as miniseries or limited series, allowing people to tune into a completed work without having to worry whether it would end on a cliffhanger and never be renewed.
Netflix could also experiment with breaking up shows into smaller chunks, like the before-its-time Quibi model.
The Jeffrey Katzenberg-backed startup, Quibi, had bet that people would eventually gravitate towards TV content designed to be consumed in shorter sessions. Unfortunately for Quibi, the pandemic hit, and people suddenly had a lot of time to watch TV, leading to its demise.
Many Netflix shows could be easily revamped for shorter viewing sessions, particularly lightweight competition shows like “Nailed It,” “Is It Cake?,” or “Squid Game: The Challenge.” Meanwhile, Netflix could surely produce better microdramas than the ones currently on the market with their awful acting and ridiculous storylines.
To generate interest in its higher-quality content, some Netflix shows could be shifted to the weekly release model. This is something Netflix has already proven works in specific cases. For instance, it drops new episodes of its reality show “Love Is Blind” in weekly dumps, making it great watercooler fodder as everyone is watching the new episodes around the same time. (Faster consumption models could work, too. For instance, Peacock’s “Love Island USA” is the reality hit of the summer, as there’s a new episode almost daily).
But instead of experimenting with different types of short-form content for quick entertainment, combined with slower releases for seasons, or focusing more heavily on miniseries worth watching, Netflix has been dabbling in other areas.
As of late, it’s expanded its lineup with podcasts, which reportedly no one is watching, and live content, which can be hit or miss. In terms of the latter, Netflix investments in live sports have generally done well, but its recent entry into live reality competition shows, “Star Search,” has already been canceled despite a clever real-time voting feature. More work here is still needed.
Bloomberg’s report framed the problem facing Netflix as a failure to create loyal TV viewers who tune into a Season 2, but the underlying issue facing the streamer is much bigger. Netflix may need to rethink whether it still needs to focus on competing with traditional TV and its long-running shows, or whether it should focus on entertainment projects whose storytelling arcs have less filler and wrap up more quickly.
To find the right balance between viewers ditching cable and those who just want something better than TikTok, Netflix is finding itself needing to reinvent TV all over again.
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General Fusion expected to become the first publicly traded, pure-play fusion company
Combined company expected to begin trading on the Nasdaq under ticker symbol “GFUZ”
VANCOUVER, British Columbia, July 06, 2026 (GLOBE NEWSWIRE) -- Spring Valley Acquisition Corp. III (“Spring Valley” or “SVAC”) (NASDAQ: SVAC) today announced that its shareholders have approved the previously announced business combination with General Fusion Inc. (“General Fusion” or the “Company”), a leader in the global race to commercialize fusion energy. General Fusion securityholders also voted to approve the transaction at a special meeting held on July 6, 2026. The approval represents another significant milestone toward completing the transaction and advancing General Fusion’s uniquely practical Magnetized Target Fusion (“MTF”) technology, which has the potential to deliver zero-carbon, baseload power in a cost-competitive way. This comes at a critical time as demand for electricity surges and nations around the world race to commercialize fusion power.
The closing of the transaction is expected to occur on or about Friday, July 10, 2026, subject to regulatory approvals and the satisfaction or waiver of all closing conditions. At the closing, Spring Valley will be renamed “General Fusion Group Ltd.” Shortly thereafter, the combined company’s shares and warrants are expected to trade on the Nasdaq under the ticker symbols “GFUZ” and “GFUZW,” respectively, subject to approval of its listing application.
“The expected closing of this transaction represents a major step in the General Fusion journey, building on more than 20 years of technology development and leadership in the industry,” said Greg Twinney, Chief Executive Officer of General Fusion. “Bringing fusion to the capital markets at this inflection point and becoming the first publicly traded pure-play fusion company marks an incredible next chapter for us as we advance on our path to commercialization and our mission to bring clean power from fusion to the grid.”
“We’re proud to support General Fusion at a pivotal moment for both the company and the fusion industry,” said Chris Sorrells, Chairman and Chief Executive Officer of Spring Valley. “Global energy demand is rising, and the need for reliable, clean power has never been greater. General Fusion stands out with strong leadership, meaningful peer-reviewed results, a robust patent portfolio, and LM26, its operating fusion demonstration machine. The company’s practical engineering approach offers a strong path to commercialization. We expect that this transaction will position General Fusion with the capital and public market platform needed to move this technology forward.”
Quick Facts:
General Fusion’s MTF is designed to solve significant barriers to commercializing fusion energy at a time when electricity demand is surging and nations around the world are racing to commercialize fusion power. As a technology, MTF aims to achieve fusion in a practical way, avoiding superconducting magnets and high-powered lasers while enabling the use of existing materials for durable machines that would produce cost-effective energy. In early 2025, General Fusion announced that it had designed, built, and begun operating its Lawson Machine 26 (“LM26”) fusion demonstration machine in under two years. LM26 is the first MTF demonstration machine to be built at a commercially relevant scale. It mechanically compresses plasma with a lithium liner at 50% commercial-scale diameter, based on current design parameters. LM26 aims to achieve key fusion technical milestones: plasma heating to 1 keV (10 million degrees Celsius), then 10 keV (100 million degrees Celsius), and ultimately the Lawson criterion, the combination of fusion parameters that can produce net fusion energy in the plasma. About General Fusion
General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Vancouver, Canada. The Company was established in 2002 and has been funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com. General Fusion announced its proposed business combination with Spring Valley in January 2026.
About Spring Valley Acquisition Corp. III
Spring Valley is a part of a family of investment vehicles formed for the purpose of acquiring or merging with a business focused on the Power Infrastructure and Decarbonization sectors. Over the past 5 years, Spring Valley vehicles have raised $920 million in four IPOs. Spring Valley I completed its business combination with NuScale Power Corporation, a leading U.S. small modular reactor technology company, and Spring Valley II completed its business combination with Eagle Nuclear Energy Corp., a next-generation nuclear energy company with rights to the largest open pit-constrained measured and indicated uranium deposit in the United States. SVAC maintains a corporate website at https://sv-ac.com.
Certain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements.
Any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “preliminary,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, the closing of the transactions (the “Proposed Business Combination”) contemplated by the business combination agreement, dated January 21, 2026, among General Fusion, Spring Valley Acquisition Corp. III (“SVAC”) and the other party thereto (as amended, the “Business Combination Agreement”); SVAC’s, General Fusion’s, or their respective management teams’ expectations concerning General Fusion’s plan to go public through the Proposed Business Combination and expected benefits or timing thereof; the outlook for General Fusion’s business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; and statements regarding the current and expected results of General Fusion’s LM26 program as well as any information concerning possible or assumed future results of operations of General Fusion.
The forward-looking statements are based on the current expectations of the respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated.
These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVAC’s securities; the risk that the conditions to the consummation of the Proposed Business Combination, including the receipt of regulatory approvals are not satisfied or waived; the risk that there occurs any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; the risk that the announcement or pendency of the Proposed Business Combination has a negative effect on General Fusion’s business relationships, performance, and business generally; the risk that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; the risk of legal proceedings against General Fusion or SVAC related to the Proposed Business Combination; the risk that the anticipated benefits of the Proposed Business Combination are not realized; the risk that the combined entity is unable to maintain the listing of SVAC’s securities or to meet listing requirements and maintain the listing of the combined company’s securities on Nasdaq; the risk that the Proposed Business Combination may not be completed by SVAC’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; the risk that the price of the combined entity’s securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; the risk of changes in the laws and regulations governing General Fusion’s research and development activities; the risk that General Fusion fails to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; the risk of the effects of climate change, extreme weather events, water scarcity, and seismic events, and that strategies to deal with these issues are not effective; the risk of fluctuations in currency markets; the risk that General Fusion is unable to complete and successfully integrate any future acquisitions; the risk of increased competition in the fusion industry; the risk of supply chain disruptions and that materials are in limited supply; and the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the “PIPE Financing”) may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing.
The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed herein and in the other filings and potential filings by General Fusion, SVAC, or the combined company resulting from the proposed transaction with the U.S. Securities and Exchange Commission (the “SEC”), including those described under the heading “Risk Factors.”
General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, except as required by applicable securities laws. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related matters, or any other forward-looking statements.
Important Information for Investors and Shareholders
In connection with the Proposed Business Combination, General Fusion and SVAC jointly filed with the SEC a registration statement on Form F-4 (the “Registration Statement”), which includes a preliminary prospectus with respect to SVAC’s securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC’s solicitation of proxies for the vote by SVAC’s shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement. On June 12, 2026, the SEC declared the Registration Statement effective and SVAC filed the definitive Proxy Statement/Prospectus (the “Proxy Statement/Prospectus”) with the SEC. SVAC mailed copies of the Proxy Statement/Prospectus to SVAC’s shareholders as of the record date of June 12, 2026. Before making any investment, investors and securityholders of SVAC and General Fusion are urged to read the Proxy Statement/Prospectus, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors and securityholders are able to obtain free copies of the Registration Statement, the Proxy Statement/Prospectus and all other relevant documents filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC’s website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.
Participants in the Solicitation
General Fusion, SVAC and their respective directors, executive officers, and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVAC’s shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC’s directors and executive officers, please refer to the Proxy Statement/Prospectus and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Shareholders, potential investors and other interested persons should read the Proxy Statement/Prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.
No Offer or Solicitation
This document shall not constitute a “solicitation” as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
Investor Relations Contact:
You can contact General Fusion’s Investor Relations team by email at: [email protected].
If you are based in North America, you may also leave a toll-free voicemail at +1 (833) 717-1519. Callers outside North America can reach us at +1 (236) 253-6968.
An ESG-screened equity fund has quietly delivered a big year while sitting out one of the most-traded megacap names on the market. The iShares MSCI KLD 400 Social ETF (NYSEARCA:DSI) climbed 22.29% in the year ending July 2, 2026, riding an AI-heavy roster that includes Alphabet and Intel. What it does not own is Meta Platforms (NASDAQ:META | META Price Prediction), the social-media giant that many other large-cap funds hold as a core position.
What DSI Actually Is DSI tracks the MSCI KLD 400 Social Index, a rules-based benchmark that screens U.S. companies against environmental, social, and governance criteria before including them. The fund held 403 positions as of its April 30, 2026 N-PORT filing, with net assets of $5.12 billion. Expense ratio and inception details were not disclosed in the filing used for this piece.
The fund is a broad U.S. large-cap portfolio with an ESG overlay, which is why it looks familiar to anyone who owns an S&P 500 index fund, minus a handful of screened-out names.
Why It Is Up DSI’s one-year gain came primarily from concentrated exposure to AI infrastructure and megacap software. NVIDIA sits at the top of the book at 14.44% of net assets, followed by Microsoft at 8.58%. Alphabet’s two share classes together account for roughly 6.67% (Class C) and 5.54% (Class A) of the fund, making Google one of DSI’s largest single-company bets. Alphabet shares themselves returned 102.05% over the same one-year window.
Semiconductor exposure did more heavy lifting. Intel is a 1.27% position, and the stock rocketed 450.05% over the trailing year through July 2, 2026. AMD adds another 1.72%, with Lam Research, Applied Materials, and Marvell rounding out a deep chip bench. Tesla, at 3.21%, is another top-10 name.
The Meta Absence Meta was confirmed absent from DSI’s holdings as of the April 30, 2026 filing. That is a function of the index methodology: the MSCI KLD 400 Social Index applies ESG screens, and Meta has been excluded on governance, privacy, and social-impact grounds. Peers like Alphabet remained in the fund, so the exclusion is deliberate and specific, not a byproduct of sector caps or size limits.
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Meta’s disclosed risks include active EU and U.S. regulatory pressure and youth-related litigation with trials scheduled in 2026 that may result in material losses. Those are exactly the categories ESG indices weigh.
Did Skipping Meta Help? This year, yes. Meta shares fell 18.05% in the year ending July 2, 2026, and are down 11.54% year to date. A market-cap-weighted S&P 500 fund with a full Meta slug would have absorbed that drag. DSI did not.
Meta’s operating results remain strong. The company reported Q1 2026 revenue of $56.31 billion, up 33.1% year over year, with EPS of $10.44 versus a $6.66 consensus. Investors have been more focused on the $125 to $145 billion capex plan for 2026 and ongoing regulatory overhang. The point for DSI holders: they missed both the fundamentals and the drawdown.
Concentration and Caveats The tradeoff is concentration. With NVIDIA alone at more than 14% of the fund and the top five names near 36.5% of the portfolio, DSI’s fate is tied closely to AI infrastructure sentiment. The fund is down 1.69% over the trailing month even after its strong year, a reminder that ESG screens do not immunize a portfolio from tech-led selloffs.
Past performance does not guarantee future results, and this article is not investment advice. For retirement-focused readers weighing DSI, the useful question is whether an ESG-screened, tech-heavy large-cap portfolio without Meta fits the risk profile already in the account, alongside broader index exposure that may hold the names DSI leaves out.
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In a move that underscores the growing convergence of advanced computing hardware and enterprise software platforms, Nvidia (NVDA +0.38%) and Palantir Technologies (PLTR +2.51%) announced a collaboration designed to bring powerful open AI models into highly sensitive, classified environments.
The collaboration targets U.S. government agencies -- where data control, security requirements, and customization are nonnegotiable. By combining open-source flexibility with innovative safeguards, Nvidia and Palantir aim to accelerate the adoption of artificial intelligence (AI) without compromising national security or operational integrity.
Image source: The Motley Fool.
How are Nvidia and Palantir working together? The partnership features Palantir's new intelligence engine, which deploys Nvidia's Nemotron open models within secure, sovereign systems inside customers' own environments. The engine is built on Palantir's Sovereign AI Operating System, which integrates the company's Artificial Intelligence Platform (AIP).
The architecture structures data and operational insights into a flexible framework purpose-built for testing AI and simulating queries. Palantir's Foundry suite manages large-scale data integration, while its Apollo platform handles the orchestration and ongoing management of deployed models across environments.
Nvidia contributes its Nemotron family of open models, which deliver customized AI capabilities while remaining completely inspectable and modifiable. These models run on Nvidia's accelerated computing platforms and are supported by the company's AI Enterprise software suite. The open nature of this infrastructure enables government agencies to deploy models within specialized domains without surrendering control over intellectual property.
The result is an end-to-end solution: Nvidia supplies the raw AI capability and hardware foundation, while Palantir provides the governance, integration, and operational frameworks required in sensitive environments.
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Why does this opportunity matter in the age of AI? In today's evolving AI landscape, raw model performance is not the only bottleneck. For government agencies, some of the biggest challenges involve trust, control, and the ability to operate without exposing sensitive information.
Closed models carry the risk of unintended data leakage, while fully open models that lack stringent deployment protocols often lack the security and audit features needed for regulated use. By partnering, Nvidia and Palantir directly address this problem by delivering customizable, high-capability models that remain under the government's complete ownership.
The U.S. government civilian workforce is around 2 million employees across critical sectors such as energy, transportation, healthcare, defense, and financial services. While the business impact of sovereign AI is hard to predict at this stage, Palantir's and Nvidia's focus on one of the largest customer bases -- the public sector -- in regulated AI suggests a sizable and durable market opportunity.
By enabling government agencies to adopt frontier models in isolated computer systems while retaining ownership and the ability to continuously improve them, Palantir and Nvidia are helping to remove operational barriers to broader AI integration. In the long run, open models may bring meaningful cost efficiencies to the public sector given their layered advantages in security and customization. For national security and technological leadership, the ability to deploy flexible AI at scale in sensitive environments represents a meaningful strategic edge for the U.S. government.
Micron Technology (MU +1.18%) just delivered the biggest quarter in its history, as its critical positioning as a leader in a key input for the AI boom has led to soaring revenue and profits, with a memory shortage benefiting its business enormously. And yet the stock sits about 22% below the high near $1,255 it reached in June. Record results on one side of the ledger and a falling share price on the other -- that is the disconnect worth digging into.
So, is the $1.1 trillion memory maker's dip a chance to buy, or a warning that its best days this cycle are already behind it?
Image source: Getty Images.
A record-shattering quarter Micron's fiscal third quarter of 2026 (the period ended May 28, 2026) was enormous by any measure. Revenue reached a record $41.5 billion, up from $9.3 billion a year earlier and $23.9 billion in the prior quarter. That is more than a quadrupling year over year, and a 74% jump in just three months.
And profits were just as striking. Non-GAAP (adjusted) earnings per share came in at $25.11, and gross margin hit a company record of about 85%. A year ago, Micron's adjusted earnings were a small fraction of that figure, so this isn't a business inching ahead. It is one sitting in the steepest part of an up cycle.
Driving it all is high-bandwidth memory (HBM), the fast, dense memory stacked alongside the processors inside artificial intelligence (AI) servers. Demand has far outpaced supply, and Micron is one of only three companies in the world that produce this memory at scale. Management guided to fiscal fourth-quarter revenue of about $50 billion and adjusted earnings per share of around $31 -- about 20% higher revenue and 23% higher profit than the record quarter it just posted, pointing to an even bigger quarter directly ahead.
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Why the stock fell If the business is running this hot, why are the shares down?
Part of the answer is timing. On July 2, a sell-off swept through chip stocks after cautious commentary on AI demand rattled the group, and Micron slid more than 5% that day as its South Korean rivals fell even harder in Seoul. None of that reflected anything Micron itself reported. It was a change in sentiment, not in the numbers.
The deeper worry is the one that always shadows this industry: memory is cyclical. Prices and profits swing hard, and the same forces powering record margins today can reverse once supply catches up with demand. You only have to look at Micron's own 52-week range -- from about $103 to $1,255 -- to see how violently this stock moves when sentiment shifts. Investors have watched Micron's earnings collapse in past downturns, and no one wants to be the buyer at the top.
That fear is exactly what makes the valuation interesting. Today, Micron trades at about 22 times earnings -- hardly a bargain on the surface. But measured against the earnings the company is on track to produce over the next year, the multiple drops to under 7. That is the kind of number that looks absurdly low until you remember it rests on peak-cycle profits that may not hold. If those earnings eventually fall by half, the multiple quietly doubles, and the "cheap" stock isn't so cheap anymore.
So which read is right? Both contain some truth, and holding those two together is the whole investment case here. The bull case is that this cycle is different, powered by an AI build-out that has locked up memory supply years in advance rather than the usual boom-and-bust driven by personal computers and phones. The bear case is that cyclical is cyclical, and a stock priced for continued records has the most to lose when the cycle finally turns. History has sided with the skeptics often enough that the market refuses to award Micron anything close to a normal earnings multiple, which is precisely why that forward number looks so low.
So, is the dip a buy?
I think it is -- but carefully. Micron's fiscal third-quarter results were extraordinary, the AI memory shortage shows no sign of easing, and a single-digit forward valuation multiple leaves room for the stock to work even if growth cools from here. But because memory earnings can turn quickly, the key is to treat that cyclicality as the central risk, not an afterthought. In short, the stock may be a dip worth buying into as part of a small, measured position, as long as you respect how quickly this industry can turn.
As virtual care evolves, choosing between Hims & Hers Health (HIMS +4.02%) and Teladoc Health (TDOC +0.98%) depends on whether you prefer explosive growth in consumer subscriptions or established, large-scale institutional healthcare partnerships.
Hims & Hers focuses on direct-to-consumer wellness solutions for specific conditions, such as hair loss and weight management. Teladoc provides a comprehensive virtual care platform for employers and health plans. While both lead in digital health, their paths to profitability and market strategies represent very different investment opportunities for 2026.
The case for Hims & Hers HealthHims & Hers operates a direct-to-consumer digital health platform within the broader healthcare stocks category. It provides personalized treatment plans for hair care, mental health, and weight loss, serving nearly 2.6 million subscribers as of Q1 2026. The company is currently scaling its operations through the pending acquisition of Eucalyptus and recently secured a $400 million receivables facility with JPMorgan Chase (JPM +1.43%) to support its pharmacy operations.
In FY 2025, the company reported revenue of nearly $2.3 billion, representing approximately 59.0% growth from the previous fiscal year. It achieved net income of approximately $128.4 million during this period, a slight increase from the prior year. This resulted in a net margin, or the percentage of revenue remaining after all expenses, of roughly 5.5%.
As of its December 2025 balance sheet, the debt-to-equity ratio is approximately 2.1x. This ratio measures a company's total debt against the value of its ownership interest. The current ratio, which measures the ability to cover short-term liabilities with short-term assets, stands at nearly 1.9x.
The case for Teladoc HealthTeladoc serves over 100 million members globally through its Integrated Care and BetterHelp segments. It recently expanded its distribution through a strategic partnership with Walmart (WMT 1.06%) to integrate virtual care into retail platforms. However, the company remains dependent on a limited number of large clients, with its top five customers historically accounting for nearly 19% of total revenue.
During FY 2025, Teladoc reported revenue of approximately $2.5 billion, which was a slight decrease of nearly 1.5% from the prior year. The company recorded a net loss of close to $200.3 million for the fiscal year, though this narrowed significantly from the $1.0 billion net loss recorded in the year prior. This performance led to a negative net margin of roughly 7.9% as the company continues to work toward consistent profitability.
According to the December 2025 balance sheet, the debt-to-equity ratio is approximately 0.8x. The current ratio is nearly 2.7x, indicating a strong ability to meet immediate financial obligations.
Risk profile comparisonHims & Hers Health faces significant regulatory pressure regarding compounded GLP-1s and peptides, with the FDA indicating potential restrictions on certain ingredients. The company is also navigating a potential investigation by the DOJ and HHS regarding its business practices. Furthermore, the rapid integration of acquisitions such as Eucalyptus poses operational risks that could undermine the company's ability to maintain its growth trajectory.
Teladoc Health deals with heavy customer concentration, where the loss of a major health plan client could materially damage its financials. The BetterHelp segment has struggled with declining paying users, adding pressure to the company's overall growth. Teladoc also faces intense competition from established giants like Amazon (AMZN +0.61%) and Alphabet, (GOOG +2.44%) (GOOGL +1.87%) which are increasingly entering the virtual care market with their own digital health initiatives.
Valuation comparisonTeladoc Health offers a lower P/S ratio, while Hims & Hers Health carries a higher forward P/E due to its rapid growth.
MetricHims & Hers HealthTeladoc HealthSector BenchmarkForward P/E78.9x59.4x389.1xP/S ratio3.5x0.7xSector benchmark uses the SPDR XLV sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Consumers have more choices than ever when it comes to healthcare providers, like Hims & Hers and Teladoc. The companies provide different services, but it’s useful to compare them because they represent two different strategies that appeal to investors with different goals.
Like many consumer wellness platforms, Hims & Hers targets personal health needs, particularly those that are repetitive in nature and lend themselves to subscription services, such as sexual health and weight loss. Compounded GLP-1 medications have been an especially lucrative offering for the company. Hims & Hers trades at a premium valuation, which may worry investors due to potential regulatory issues and increasing market competition.
Teladoc provides virtual healthcare visits, connecting patients to a network of medical professionals. The company makes money from employers and healthcare plans that pay subscription fees. Virtual doctor visits skyrocketed during the pandemic, but as clinics and physicians’ practices reopened, the stock plunged. But most of Teladoc’s troubles stem from its acquisition of Livongo and expenses related to its BetterHelp brand. The good news is its very low valuation and turnaround strategy, which is starting to pay off.
Investors who are willing to invest in bargain stocks with the hope of a big future payoff may find Teladoc’s stock compelling. But Hims & Hers remains a steady growth engine, generating predictable revenue from its direct-to-consumer subscription services. For this reason, I’d choose Hims & Hers.
New York, New York--(Newsfile Corp. - July 6, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the "Class Period"), of the important August 10, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased Zillow common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304180
Source: The Rosen Law Firm PA
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Key Takeaways GE Vernova reached a record peak of $1,182.31 on July 6, climbing 121.61% over 12 months and 70.6% since the start of 2026 Jim Cramer declared GEV his top pick in the power sector and disclosed it represents a “very big position” in his Charitable Trust portfolio First quarter 2026 revenue reached $9.3 billion, marking a 16% year-over-year increase, while EPS of $1.98 surpassed analyst projections The company secured $18.3 billion in orders during Q1, reflecting 71% organic growth, pushing total backlog to $163 billion Management elevated 2026 free cash flow projections to $6.5–$7.5 billion from the previous range of $5.0–$5.5 billion GE Vernova (GEV) established a fresh all-time peak at $1,182.31 on July 6, 2026, continuing its impressive ascent with shares hovering around $1,183 and commanding a market capitalization of $310.9 billion. This milestone caps a remarkable rally that has delivered more than 120% gains over the past twelve months.
GE Vernova Inc., GEV
Shares have surged 70.6% since January, positioning GEV among the energy sector’s top-performing equities. Such dramatic appreciation inevitably attracts scrutiny from market observers and institutional investors alike.
During the June 30 edition of Mad Money’s Lightning Round, Jim Cramer singled out GE Vernova as his preferred play in the power generation space. He revealed the stock occupies substantial real estate in his Charitable Trust holdings—a transparent, trackable stake rather than casual commentary.
“GE Vernova of those is my favorite. It’s one that the Charitable Trust has a very big position… I say still buy GE Vernova,” Cramer stated.
The endorsement came with shares already trading at elevated levels. GEV finished July 2 at $1,113.11, yet its three-year cumulative return of 867.92% demonstrates how dramatically the investment narrative has transformed.
First Quarter Results Validate Bullish Thesis The company’s first quarter 2026 financial performance, disclosed April 22, provided concrete evidence supporting the optimistic outlook.
Topline revenue reached $9.3 billion, representing 16% year-over-year expansion. Earnings per share of $1.98 exceeded the Street’s $1.84 consensus by 7.6%.
Order momentum stole the spotlight. First quarter bookings totaled $18.3 billion, surging 71% on an organic basis, with robust contributions from Power, Wind, and Electrification divisions. The cumulative backlog swelled to $163 billion, expanding by $13 billion in just three months.
Free cash flow generation of $4.8 billion represented more than a fourfold increase from the prior year. Adjusted EBITDA nearly doubled to $0.9 billion, while margins widened 390 basis points to 9.6%.
CEO Scott Strazik highlighted accelerating demand for gas turbines. Gas Power equipment backlog and slot reservations expanded from 83 gigawatts to 100 gigawatts during the quarter. Management now aims to reach at least 110 gigawatts by the close of 2026.
Management Lifts Full-Year Projections Following the strong quarterly performance, GEV elevated its full-year 2026 outlook across all primary financial metrics.
Revenue expectations now span $44.5–$45.5 billion. Adjusted EBITDA margin guidance increased to 12–14% from the prior 11–13% range. Free cash flow projections jumped significantly to $6.5–$7.5 billion versus the earlier $5.0–$5.5 billion target.
The company concluded Q1 holding $10.2 billion in cash and distributed $1.4 billion to shareholders via share repurchases and dividends.
Wall Street coverage has grown increasingly supportive. Bernstein launched coverage with an outperform recommendation. Jefferies boosted its price objective to $1,210 while reaffirming a Buy rating, citing a robust order book extending through 2031.
InvestingPro’s valuation model suggests the stock currently trades above its Fair Value calculation—an important consideration for investors contemplating entry points.
From a technical perspective, shares encountered resistance around the $1,170–$1,180 zone on July 2 before retracing. The 50-day, 100-day, and 200-day moving averages currently rest near $1,052, $959, and $794 respectively.
Second quarter 2026 results are scheduled for July 22. Analysts assign a Zacks Rank of 2 (Buy) accompanied by a positive Earnings ESP of 10.35%, with estimate revisions trending favorably ahead of the release.
Jim Cramer doubled down on Nvidia on Monday, urging investors to buy the stock as the chipmaker rejected claims that its next-generation AI rack systems face delays until 2028.
The clash pits Nvidia against research firm SemiAnalysis, which alleges manufacturing setbacks have hit the Kyber NVL144 architecture showcased at GTC earlier this year.
SemiAnalysis Claims Put Nvidia’s Kyber Timeline in DoubtSemiAnalysis claims the high-density rack design built for Rubin Ultra GPUs has slipped by more than 12 months. The firm blamed persistent manufacturing problems with the system’s complex PCB midplane.
MASSIVE DELAY: Just 3 months after Jensen demoed Kyber NVL144 at GTC, it has faced major setbacks and has been delayed by more than 12 months, pushing it back to 2028. Below, we explain why Kyber has faced massive delays and why NVIDIA’s NVL72x2 back-to-back rack architecture was… pic.twitter.com/VYduxnu01B
— SemiAnalysis (@SemiAnalysis_) July 5, 2026 The firm also claimed Nvidia scrapped its NVL72x2 back-to-back rack after pushback from hyperscaler customers.
Nvidia’s supply chain felt the report within hours. Japan’s Ibiden, which counts Nvidia as its largest client, fell as much as 10% on Monday, Bloomberg reported.
Kingboard Laminates tumbled 18% in Hong Kong, while Samsung Electro-Mechanics slid 11% in Seoul.
Kingboard Laminates and Japan’s Ibiden Stock Performances. Source: TradingViewNvidia rejected the claims, telling media outlets that its roadmap remains intact. The chipmaker, fresh off launching a revenue-sharing compute program for AI startups, has faced this script before.
$NVDA – *NVIDIA SAYS AI CHIP ROADMAP REMAINS INTACT
*NVIDIA DISPUTES SEMIANALYSIS DELAY REPORT
— *Walter Bloomberg (@DeItaone) July 6, 2026 When Blackwell delay reports surfaced in August 2024, Nvidia insisted production would ramp on schedule. It then fixed a design flaw and shipped several billion dollars of Blackwell hardware within months.
Jim Cramer Backs Nvidia Despite the NoiseCramer reaffirmed his bullish stance and urged investors to buy Nvidia. He told CNBC that chip stocks are staging a “revenge trade” after last week’s “misguided selling.”
Nvidia says its roadmap intact. That, to me, means buy
— Jim Cramer (@jimcramer) July 6, 2026 The numbers frame his conviction. The Philadelphia Semiconductor Index gained 87.8% in the second quarter, its best quarter since records began in 1994, Axios reported.
Nvidia missed most of that rally. The stock traded near $196.58 at this writing, up almost 2% over the last 24 hours.
Nvidia (NVDA) Stock Performance. Source: TradingViewLast week tested the sector’s nerve. AI chip stocks cracked after Michael Burry’s bubble warning, while memory stocks plunged sharply on supply glut fears.
Cramer, however, sees the pullback as an opportunity. He named his five AI stock picks earlier this month, favoring chip suppliers over Big Tech giants.
Nvidia’s next earnings report will show whether rack-level friction reaches data center revenue. Until then, investors must weigh Cramer’s conviction against a laggard chart and SemiAnalysis’ supply chain warnings.
Steven E. Orr explains why investors should focus on out-of-favor companies with strong fundamentals, highlighting Microsoft (MSFT) as a potential rebound candidate. He also shares his views on the AI race, sets an ambitious target for GE Aerospace (GE), and identifies Palo Alto Networks (PANW) as a top cybersecurity play amid growing digital security demand.
New York, New York--(Newsfile Corp. - July 6, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Roblox Corporation (NYSE: RBLX) between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), of the important August 7, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Roblox common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Roblox class action, go to https://rosenlegal.com/cases/roblox-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Roblox's organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates as enrollment in the age verification rollout would quickly taper, compounding the resulting slowdown in on-platform communication, resulting in app store rating reductions and a swift reduction in organic growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Roblox class action, go to https://rosenlegal.com/cases/roblox-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304184
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
A Look at PENN Entertainment Inc (PENN) After 3.9% Decline -- GF Value $23.35 vs Price $21.15
On July 06, 2026, PENN Entertainment Inc PENN shares fell 3.9% today to a current price of $21.15. Over the past week, the stock has decreased by 4.1%, while showing a significant increase of 10.0% over the last month. The shares have experienced a 52-week range with a high of $22.36 and a low of $11.65.
GF Value™ verdict: Current price of $21.15 is 9.4% below GF Value™ of $23.35.GF Score™ of 76/100 indicates an above-average stock based on GuruFocus’ evaluation criteria.Notable signal: The momentum rank of 10/10 suggests strong upward price movement. Is PENN Overvalued or Undervalued? PENN Entertainment Inc PENN is currently trading at $21.15, which is below its GF Value™ estimate of $23.35, indicating that the stock is 9.4% undervalued. This presents a margin of safety for potential investors, suggesting an opportunity to acquire shares at a price lower than their intrinsic value. According to the GF Valuation label, which categorizes stocks as undervalued, fairly valued, or overvalued, PENN falls into the undervalued category, highlighting its perceived investment potential. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
However, it is essential to consider that the inherent risks associated with investing in undervalued stocks can include market volatility and potential company-specific challenges that might hinder performance. Investors should conduct thorough research and consider these factors before making investment decisions.
How Does PENN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 18.8x 21.2x PENN's current P/E ratio of 18.8x is below its 5-year median P/E of 21.2x, indicating that the stock is trading at a discount compared to its historical valuation. This analysis aligns with the GF Value™ verdict that suggests PENN is undervalued, reinforcing the potential investment opportunity.
What Does PENN's GF Score™ Tell Us? Metric Rating GF Score™ 76 Financial Strength 3/10 Profitability 6/10 Growth 6/10 Valuation 9/10 Momentum 10/10 PENN’s GF Score™ of 76/100 indicates that it is positioned above average in the market. The strongest area is its momentum rank of 10/10, demonstrating strong upward price movement. However, the financial strength score of 3/10 is a concern, suggesting weaknesses in the company's financial stability. The scores for profitability and growth are moderate at 6/10, which, combined with a high valuation rank of 9/10, indicates a favorable valuation perspective but highlights the need for improvement in financial health.
What Are Insiders Doing with PENN Stock? Recently, there have been no insider transactions in the last three months for PENN Entertainment Inc. The absence of insider buying or selling may suggest a level of stability among executives regarding the company's current valuation and performance outlook. This lack of activity can indicate that insiders are either confident in the stock's future potential or are awaiting further developments before making any moves.
What This Means for Investors Based on the current analysis, PENN Entertainment Inc PENN is considered undervalued according to GF Value™, providing a potential opportunity for investors. However, it is imperative to remain cautious and consider the company's financial strength and market dynamics before making investment decisions.
For the complete analysis, visit the PENN Entertainment Inc PENN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is PENN's GF Score™?
PENN's GF Score™ is 76/100, indicating that the stock is above average based on key financial metrics.
Is PENN overvalued or undervalued?
PENN is currently undervalued with a GF Value™ of $23.35 compared to its trading price of $21.15.
What is PENN's P/E ratio?
PENN's current P/E ratio is 18.8x, which is below its 5-year median of 21.2x, suggesting it is trading at a discount compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Some companies create so much value over the long term that their stock price rises into the hundreds or even thousands of dollars, making it hard for retail investors to purchase one full share. Companies can rectify this by executing a stock split, which increases the number of shares in circulation and reduces the price per share by a proportionate amount.
At the close of trading on Wednesday, July 1, cybersecurity giant CrowdStrike (CRWD +2.80%) executed a 4-for-1 stock split, which reduced its share price from $767 to $194. Splits don't change the underlying value of the company, but it's now much more affordable for investors with small portfolios to buy one full share in this cybersecurity leader.
That said, CrowdStrike stock has already soared over 65% this year, and I think its sky-high valuation could limit near-term upside. Here's why investors might want to think twice before buying it.
Image source: Getty Images.
CrowdStrike is a leader in the cybersecurity industry The cybersecurity industry used to be highly fragmented, meaning enterprises had to buy products from multiple vendors to achieve an adequate level of protection. This left gaping holes in their defenses because these programs rarely interacted well with each other. CrowdStrike's Falcon platform is one of the industry's few all-in-one solutions, protecting cloud networks, employee identities, endpoints, and everything in between.
Falcon uses artificial intelligence (AI) to automate threat detection and incident response, giving enterprises more time to focus on their core operations. Customers can choose from 33 Falcon modules (products) to build an optimal cybersecurity solution, and with the Flex subscription option, they can use a fixed annual budget to switch among modules as their needs change.
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CrowdStrike is working to protect customers adopting AI, as AI creates new attack surfaces for hackers to exploit. Falcon's AI Detection and Response (AIDR) module, for instance, uncovers unauthorized AI agents or software apps running within an enterprise network. It also tracks all inputs and outputs across trusted AI apps, so it can detect anyone trying to orchestrate a breach by entering malicious prompts.
During CrowdStrike's fiscal 2027 first quarter (ended April 30), AIDR experienced an eye-popping 250% increase in annual recurring revenue (ARR) from the prior quarter, indicating rapid adoption.
CrowdStrike is generating record amounts of revenue CrowdStrike had $5.5 billion in total ARR at the end of the first quarter, which was up 24% year over year. Falcon Flex was the key growth driver, with its ARR doubling to $1.9 billion. Simply put, it appears the flexible subscription model is resonating with both new and existing customers.
CrowdStrike's first-quarter results were so strong that management increased its full-year ARR guidance by $50 million to $6.54 billion (at the midpoint of the forecasted range). However, that doesn't necessarily mean investors should rush out and buy its stock right now.
The stock split doesn't make CrowdStrike a buy While the recent stock split made a single share of CrowdStrike more affordable, its valuation is all that really matters. The stock is currently trading at a price-to-sales (P/S) ratio of 38.7, its highest level since going public in 2019. That makes CrowdStrike substantially more expensive than each of its main rivals in the cybersecurity space.
CRWD PS Ratio data by YCharts
Therefore, I think further upside in CrowdStrike stock will be limited in the near term, so investors looking for gains over the next few months might be left disappointed. However, there might be a case for positive returns in the longer run based on management's 10-year forecast, which suggests the company's ARR could grow to $20 billion by fiscal 2036. The stock is far more attractive on a forward basis if we assume that goal becomes reality.
There could be upside to that ARR figure, because CrowdStrike believes its addressable market in the cybersecurity industry will grow to $325 billion over the long term. Given how fast technologies like AI are moving, I won't be surprised if that opportunity becomes even larger over time.
In summary, investors will have to adopt a very long-term outlook if they want to maximize their chances of earning a positive return on CrowdStrike stock, as its current valuation is almost certainly unsustainable.
Andrew Toy, Chief Executive Officer of Clover Health Investments (CLOV 3.80%), reported the direct sale of 313,476 shares of Common Stock on July 1, 2026, for a transaction value of ~$1.67 million according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)313,476Transaction value$1.7 millionPost-transaction shares (direct)9,609,825Post-transaction value (direct ownership)$51.8 millionTransaction value based on SEC Form 4 reported price ($5.32); post-transaction value based on the July 1 closing price ($5.39).
Key questionsHow does this sale affect Toy's overall ownership in Clover Health Investments?
Direct holdings declined by 3.16%, with Toy retaining 9,609,825 shares of Class A Common Stock after the sale, and no indirect or derivative holdings reported.Is there any impact on Toy's capacity for further open-market sales?
Following this transaction, Toy holds approximately 96.8% of his pre-sale direct position, indicating substantial remaining capacity; future open-market trades may continue to be driven by restricted stock unit (RSU) vesting and related tax events.Does the transaction signal a change in sentiment or alignment with shareholders?
This sale was a non-discretionary "sell to cover" event tied to tax obligations, so it does not reflect a shift in executive sentiment or portfolio strategy; the CEO maintains a large direct equity stake.Company overviewMetricValueRevenue (TTM)$2.21 billionNet income (TTM)-$56.94 millionEmployees5701-year price change82.01%* 1-year performance calculated using July 1st, 2026 as the reference date.
Company snapshotClover Health offers Medicare Advantage insurance plans, including both PPO and HMO products, supported by the proprietary Clover Assistant software platform.It generates revenue primarily through insurance premiums and risk-adjusted payments from government healthcare programs, leveraging data-driven technology to manage medical costs and improve care outcomes.The company targets individuals eligible for Medicare, focusing on seniors and beneficiaries seeking value-driven healthcare coverage in the United States.Clover Health Investments operates at scale in the U.S. Medicare Advantage market, utilizing advanced analytics and its Clover Assistant platform to drive operational efficiency and member engagement.
The company’s technology-centric approach aims to deliver better health outcomes while managing costs, positioning it competitively within the healthcare plans sector. Its strategy centers on expanding its member base and deepening relationships with healthcare providers through data-driven insights.
What this transaction means for investorsClover Health CEO Andrew Toy’s July 1 sale of company stock came just days after shares hit a multi-year high of $5.59 on June 29. Even so, his disposition is not a cause for investor concern.
The shares were sold to fulfill tax withholding obligations incurred in connection with the vesting of RSUs, making this a non-discretionary transaction. Moreover, his post-sale holdings of 9.6 million shares represents a significant equity stake in the company, indicating his interests align with that of shareholders.
Clover Health stock soared after the company won a court case that mandated Medicare upgrade its rating in the government program. This helps to unlock additional revenue.
In addition, Clover reported an impressive 51% year-over-year increase in Medicare Advantage memberships in the first quarter of 2026. The rise in members contributed to strong 62% year-over-year growth in Q1 revenue to $749.2 million.
The excellent start to 2026 led Clover Health management to forecast full-year sales between $2.8 billion and $2.9 billion, an outstanding jump up from 2025’s $1.9 billion.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
New York, New York--(Newsfile Corp. - July 6, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zoetis Inc. (NYSE: ZTS) between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Zoetis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and touted growing market share, strong veterinarian adoption, and accelerating sales growth across Zoetis' flagship Companion Animal products and/or failed to disclose that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304179
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK, NY, July 06, 2026 (GLOBE NEWSWIRE) -- Bleichroeder Acquisition Corp. III (the “Company”) announced today the pricing of its initial public offering of 30,000,000 units. The units are expected to be listed on The Nasdaq Stock Global Market (“Nasdaq”) and begin trading tomorrow, July 7, 2026, under the ticker symbol “BCCQU.” Each unit consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “BCCQ” and “BCCQW,” respectively. The offering is expected to close on July 8, 2026, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any industry, sector or geographic region. The Company’s primary focus, however, will be on North American and European businesses in disruptive growth sectors, which may include companies within sectors that are being transformed via technology adoption. The Company’s management team is led by its Co-Founders, Michel Combes and Andrew Gundlach, Marcello Padula, its Chief Executive Officer, and Robert Folino, its Chief Financial Officer. The Board also includes Clemence Rasigni and Christopher Kellen.
Cohen & Company Capital Markets is acting as Lead Book-Running Manager for the offering.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: [email protected].
A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on July 6, 2026. This press release shall not constitute an offer to sell or the 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.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact:
Bleichroeder Acquisition Corp. III
1345 Avenue of the Americas, 47th Floor New York, NY 10105
Attn: Robert Folino
(o) 212.984.3835 [email protected]
Louisiana-Pacific (LPX - Free Report) closed at $77.61 in the latest trading session, marking a -2.14% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.72%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Heading into today, shares of the home construction supplier had gained 12.34% over the past month, outpacing the Construction sector's gain of 0.11% and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Louisiana-Pacific in its upcoming release. It is anticipated that the company will report an EPS of $0.64, marking a 35.35% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $683 million, indicating a 9.54% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2 per share and a revenue of $2.57 billion, demonstrating changes of -24.53% and -5%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Louisiana-Pacific. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, Louisiana-Pacific boasts a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Louisiana-Pacific has a Forward P/E ratio of 39.65 right now. This indicates a premium in contrast to its industry's Forward P/E of 28.84.
Also, we should mention that LPX has a PEG ratio of 1.99. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Wood industry held an average PEG ratio of 1.51.
The Building Products - Wood industry is part of the Construction sector. With its current Zacks Industry Rank of 167, this industry ranks in the bottom 33% of all industries, numbering over 250.
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.
To follow LPX in the coming trading sessions, be sure to utilize Zacks.com.
Dick's Sporting Goods (DKS - Free Report) ended the recent trading session at $229.02, demonstrating a -3.03% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.
Shares of the sporting goods retailer witnessed a gain of 9.94% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 0.64%, and the S&P 500's loss of 0.9%.
Investors will be eagerly watching for the performance of Dick's Sporting Goods in its upcoming earnings disclosure. The company is forecasted to report an EPS of $3.8, showcasing a 13.24% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $5.64 billion, up 54.57% from the prior-year quarter.
DKS's full-year Zacks Consensus Estimates are calling for earnings of $14.24 per share and revenue of $22.38 billion. These results would represent year-over-year changes of +7.88% and +29.99%, respectively.
Any recent changes to analyst estimates for Dick's Sporting Goods should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.03% higher within the past month. At present, Dick's Sporting Goods boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Dick's Sporting Goods is presently being traded at a Forward P/E ratio of 16.59. This indicates a premium in contrast to its industry's Forward P/E of 15.56.
We can also see that DKS currently has a PEG ratio of 2.06. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Retail - Miscellaneous industry currently had an average PEG ratio of 2.06 as of yesterday's close.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 77, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
In the latest close session, Southern Co. (SO - Free Report) was down 2.03% at $95.99. The stock's performance was behind the S&P 500's daily gain of 0.72%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.12%.
Prior to today's trading, shares of the power company had gained 5.81% outpaced the Utilities sector's gain of 3.93% and the S&P 500's loss of 0.9%.
The upcoming earnings release of Southern Co. will be of great interest to investors. The company's earnings report is expected on July 30, 2026. The company's upcoming EPS is projected at $1.03, signifying a 13.19% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $7.39 billion, showing a 5.94% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.58 per share and revenue of $31.35 billion, which would represent changes of +6.51% and +6.08%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Southern Co. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending 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.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.04% downward. Southern Co. is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Southern Co. has a Forward P/E ratio of 21.41 right now. Its industry sports an average Forward P/E of 18.72, so one might conclude that Southern Co. is trading at a premium comparatively.
It's also important to note that SO currently trades at a PEG ratio of 2.96. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Utility - Electric Power industry held an average PEG ratio of 2.81.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
PPL (PPL - Free Report) closed the most recent trading day at $36.11, moving -2.11% from the previous trading session. This change lagged the S&P 500's daily gain of 0.72%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Prior to today's trading, shares of the energy and utility holding company had gained 3.22% lagged the Utilities sector's gain of 3.93% and outpaced the S&P 500's loss of 0.9%.
The investment community will be paying close attention to the earnings performance of PPL in its upcoming release. On that day, PPL is projected to report earnings of $0.35 per share, which would represent year-over-year growth of 9.38%. At the same time, our most recent consensus estimate is projecting a revenue of $2.17 billion, reflecting a 7.04% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.95 per share and a revenue of $9.69 billion, representing changes of +7.73% and +7.22%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for PPL. 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 shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.13% higher. Currently, PPL is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, PPL is presently being traded at a Forward P/E ratio of 18.92. This indicates a premium in contrast to its industry's Forward P/E of 18.72.
It is also worth noting that PPL currently has a PEG ratio of 2.52. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Utility - Electric Power industry currently had an average PEG ratio of 2.81 as of yesterday's close.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 103, positioning it in the top 42% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow PPL in the coming trading sessions, be sure to utilize Zacks.com.
Emcor Group (EME - Free Report) closed the most recent trading day at $787.29, moving +1.63% from the previous trading session. This change outpaced the S&P 500's 0.72% gain on the day. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Prior to today's trading, shares of the construction and maintenance company had lost 5.23% lagged the Construction sector's gain of 0.11% and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Emcor Group in its upcoming release. The company is expected to report EPS of $7.23, up 7.59% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $4.73 billion, reflecting a 9.88% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $29.37 per share and a revenue of $19.02 billion, demonstrating changes of +13.53% and +11.97%, respectively, from the preceding year.
Any recent changes to analyst estimates for Emcor Group 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 reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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 remained steady. Emcor Group is holding a Zacks Rank of #2 (Buy) right now.
In terms of valuation, Emcor Group is presently being traded at a Forward P/E ratio of 26.38. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 26.38.
The Building Products - Heavy Construction industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 44, placing it within the top 18% of over 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Insulet Corporation (“Insulet” or the “Company”) (NASDAQ:PODD) securities during the period of February 21, 2025 through May 26, 2026, inclusive (“the Class Period”).If you suffered a loss on your Insulet investments, you have until August 31, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted.
Itron (ITRI - Free Report) closed at $86.74 in the latest trading session, marking a +1.92% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.72%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
The stock of energy and water meter company has risen by 6.29% in the past month, leading the Computer and Technology sector's loss of 6.12% and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Itron in its upcoming release. The company is forecasted to report an EPS of $1.31, showcasing a 19.14% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $564.72 million, reflecting a 6.93% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.01 per share and a revenue of $2.38 billion, indicating changes of -15.71% and +0.34%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Itron. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Itron boasts a Zacks Rank of #4 (Sell).
In terms of valuation, Itron is presently being traded at a Forward P/E ratio of 14.17. This valuation marks a discount compared to its industry average Forward P/E of 24.98.
Investors should also note that ITRI has a PEG ratio of 0.75 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. The Electronics - Testing Equipment industry currently had an average PEG ratio of 2.02 as of yesterday's close.
The Electronics - Testing Equipment industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 25, positioning it in the top 11% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest close session, Boston Scientific (BSX - Free Report) was down 1.2% at $44.60. The stock trailed the S&P 500, which registered a daily gain of 0.72%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.12%.
The medical device manufacturer's stock has dropped by 7.02% in the past month, falling short of the Medical sector's gain of 12.48% and the S&P 500's loss of 0.9%.
The investment community will be closely monitoring the performance of Boston Scientific in its forthcoming earnings report. The company is scheduled to release its earnings on July 29, 2026. The company is forecasted to report an EPS of $0.83, showcasing a 10.67% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $5.39 billion, reflecting a 6.54% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.36 per share and a revenue of $21.61 billion, signifying shifts of +9.8% and +7.65%, respectively, from the last year.
Any recent changes to analyst estimates for Boston Scientific should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
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.
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 0.32% lower within the past month. Right now, Boston Scientific possesses a Zacks Rank of #4 (Sell).
In terms of valuation, Boston Scientific is currently trading at a Forward P/E ratio of 13.44. Its industry sports an average Forward P/E of 19.08, so one might conclude that Boston Scientific is trading at a discount comparatively.
We can additionally observe that BSX currently boasts a PEG ratio of 0.86. 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. The Medical - Products industry currently had an average PEG ratio of 1.73 as of yesterday's close.
The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 170, positioning it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest trading session, M/I Homes (MHO - Free Report) closed at $152.37, marking a -2.85% move from the previous day. This change lagged the S&P 500's 0.72% gain on the day. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.12%.
Shares of the homebuilder witnessed a gain of 14.21% over the previous month, beating the performance of the Construction sector with its gain of 0.11%, and the S&P 500's loss of 0.9%.
The investment community will be closely monitoring the performance of M/I Homes in its forthcoming earnings report. The company is scheduled to release its earnings on July 29, 2026. The company's upcoming EPS is projected at $3.17, signifying a 28.28% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.18 billion, indicating a 1.84% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.6 per share and revenue of $4.37 billion, indicating changes of -14.52% and -0.98%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for M/I Homes. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. M/I Homes is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, M/I Homes is currently exchanging hands at a Forward P/E ratio of 12.45. Its industry sports an average Forward P/E of 15.51, so one might conclude that M/I Homes is trading at a discount comparatively.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 225, putting it in the bottom 9% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced the pricing of its offering of $650,000,000 aggregate principal amount of Series 2026A junior subordinated notes due 2057 (the “Series 2026A notes”) and $1,100,000,000 aggregate principal amount of Series 2026B junior subordinated notes due 2057 (the “Series 2026B notes,” and together with the Series 2026A notes, the “junior subordinated notes”) each at prices to the public of 100.000% of their face value. Initially, the Ser.
Alaska Air Group (ALK - Free Report) ended the recent trading session at $50.41, demonstrating a -1.33% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.
Shares of the airline witnessed a gain of 19.31% over the previous month, beating the performance of the Transportation sector with its gain of 4.32%, and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Alaska Air Group in its upcoming release. It is anticipated that the company will report an EPS of -$0.97, marking a 154.49% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $4.1 billion, reflecting a 10.64% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.65 per share and a revenue of $15.84 billion, signifying shifts of -126.64% and +11.22%, respectively, from the last year.
Any recent changes to analyst estimates for Alaska Air Group should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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. Within the past 30 days, our consensus EPS projection has moved 36.04% higher. Right now, Alaska Air Group possesses a Zacks Rank of #3 (Hold).
The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 194, placing it within the bottom 22% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest trading session, Comfort Systems (FIX - Free Report) closed at $1,793.03, marking a +2.97% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.72%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.12%.
Heading into today, shares of the heating, ventilation and air conditioning company had lost 5.57% over the past month, lagging the Construction sector's gain of 0.11% and the S&P 500's loss of 0.9%.
Investors will be eagerly watching for the performance of Comfort Systems in its upcoming earnings disclosure. On that day, Comfort Systems is projected to report earnings of $10.38 per share, which would represent year-over-year growth of 58.96%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.94 billion, up 35.42% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $43.08 per share and revenue of $11.88 billion, which would represent changes of +49.17% and +30.51%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Comfort Systems. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Comfort Systems is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Comfort Systems is currently exchanging hands at a Forward P/E ratio of 40.42. Its industry sports an average Forward P/E of 24.26, so one might conclude that Comfort Systems is trading at a premium comparatively.
The Building Products - Air Conditioner and Heating industry is part of the Construction sector. With its current Zacks Industry Rank of 44, this industry ranks in the top 18% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Kraken has added spot trading support for Bittensor’s TAO token, giving one of the most closely watched decentralized AI assets a larger regulated exchange venue.
For more details, visit the official Kraken platform.
TL;DR Kraken has listed Bittensor (TAO) for spot trading.The listing expands access to one of crypto’s leading AI-linked tokens.Trading support includes major fiat pairs on Kraken Pro. AI tokens have been one of crypto’s stickiest narratives, but the category has also been messy. Some projects are little more than branding. Bittensor has stood out because it is trying to build a network where machine-learning models, validators, and token incentives interact directly.
Why TAO Listings Matter Exchange listings do not prove long-term value, but they do change access. More venues mean more liquidity, more price discovery, and a lower barrier for traders who may not want to use smaller exchanges or DeFi routes.
For Kraken, TAO fits a broader trend: regulated exchanges are competing to list high-demand thematic assets without looking reckless. Decentralized AI has enough institutional interest to be worth supporting, but enough volatility to require careful user messaging.
The AI Token Test The real question is whether AI tokens can turn narrative into repeat network demand. Bittensor’s supporters believe TAO is tied to a genuine decentralized intelligence market. Skeptics see a complex token economy wrapped around a hot theme.
The Kraken listing will not answer that debate, but it does make the market more accessible. In crypto, that often matters first. Liquidity comes before judgement, and wider TAO trading gives investors another way to express a view on decentralized AI.
This article is based on information from Kraken.
This article was written by the News Desk and edited by Samuel Rae.
Semiconductor stocks beat both Big Tech and crypto in the first half of 2026. The Philadelphia Semiconductor Index gained 102%, while the Magnificent Seven fell 2% and Bitcoin (BTC) lost 33%, according to Deutsche Bank and CoinGecko data.
Wall Street banks now disagree about the second half. Goldman Sachs expects investors to keep backing chipmakers, while Morgan Stanley argues the trade has already started to unwind.
How Semiconductors Beat Big Tech and Crypto in H1 2026Deutsche Bank’s half-year scoreboard ranked the Philadelphia Semiconductor Index as the best-performing major asset in the world. The benchmark gained 102% between January and June, according to a chart shared by Schaeffer’s Investment Research.
Korea’s chip-heavy KOSPI followed with an 89% gain, while Japan’s Nikkei added 35%. In contrast, the Nasdaq rose just 13% and the S&P 500 slightly under 10%.
The Magnificent Seven, the group that carried US markets for two years, ended the half 2% lower.
H1 2026 returns by asset, showing semiconductors beat Big Tech and crypto / Source: BeInCryptoCrypto fared even worse. Bitcoin slid 33% in the first half, falling from roughly $87,500 to below $59,000, CoinGecko data shows. Ether (ETH) dropped 47%, and Solana (SOL) fell 41%. Traditional hedges offered no shelter either, as gold slipped 7% and silver lost 18%.
ETF flows tell the same story. The VanEck Semiconductor ETF climbed 72%, and the iShares Semiconductor ETF gained 99%, while the Roundhill Magnificent Seven ETF declined slightly.
Meanwhile, a shortage of memory and storage has led chipmakers to raise prices as the industry approaches $1 trillion in annual revenue.
SOX vs MAGS / Source: TradingviewGoldman Backs the Earners While Crypto Trades Like a SpenderGoldman Sachs derivatives specialist Brian Garrett explained the divergence in a client note last week, as reported by Stocktwits.
“One of the reasons for the decrease in Mag7 exposure seems almost too simple as it’s been hiding in plain sight for months. The market is rightly rewarding the names that earn (capex beneficiaries, semiconductors, etc) while at the same time questioning the names that spend (hyperscalers).”
Hyperscalers such as Microsoft, Amazon, Meta, and Google pour hundreds of billions of dollars into data centers. Markets increasingly treat that spending as a cost without a proven payoff.
Meanwhile, companies that sell chips, memory, and equipment recognize revenue today.
That logic hits crypto hardest. Bitcoin earns nothing from the AI buildout, so it traded alongside the spenders rather than the earners. The pressure intensified after Michael Burry’s bubble warning sent memory stocks sliding this month.
The same split appeared inside the crypto market. Render (RNDR) gained 17%, and NEAR Protocol (NEAR) added 18% in the first half, while most majors fell over 30%, per CoinGecko. Both tokens sell exposure to computing power, the scarcest resource of this cycle. However, the pattern is not universal, as Bittensor (TAO) and Fetch.ai (FET) still declined.
H1 2026 crypto returns, AI compute tokens vs majors / Source: BeInCryptoBitcoin miners occupy the middle ground. Riot Platforms keeps selling BTC while funding its AI pivot, and rival miners chase similar data center deals.
Morgan Stanley Sees the Chip Trade TurningMorgan Stanley strategist Michael Wilson argued on Monday that chip momentum is fading as investors rotate toward hyperscalers, Bloomberg reported. The Philadelphia index has dropped almost 14% from its June record, though it remains 123% higher since September.
Cracks appeared before July. A blowout Micron forecast failed to sustain the rally, and the KOSPI triggered circuit breakers in June. Wilson, therefore, favors hyperscalers in the near term and expects them to soften spending plans.
JPMorgan strategist Mislav Matejka believes the rally will broaden beyond technology in the second half.
“AI is unlikely to be the only story in town.”
For crypto, this debate matters more than it appears. If capital exits the crowded chip trade and hunts laggards, Bitcoin ranks among the largest liquid laggards available. The token trades near $61,626 after a weekend short squeeze briefly lifted it toward $64,000.
Still, no major bank has named digital assets as the next rotation target. The coming weeks will show whether hyperscaler earnings confirm the turn, and whether any freed capital finds its way back to crypto.
In the latest trading session, Ulta Beauty (ULTA - Free Report) closed at $452.49, marking a -1.92% move from the previous day. This change lagged the S&P 500's 0.72% gain on the day. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Shares of the beauty products retailer witnessed a loss of 1.23% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.64%, and the S&P 500's loss of 0.9%.
The investment community will be closely monitoring the performance of Ulta Beauty in its forthcoming earnings report. The company is expected to report EPS of $6.16, up 6.57% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $2.97 billion, indicating a 6.4% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $28.67 per share and a revenue of $13.21 billion, indicating changes of +11.82% and +6.61%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for Ulta Beauty. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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.
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 shifted 0.19% upward. Ulta Beauty is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Ulta Beauty has a Forward P/E ratio of 16.09 right now. This signifies a premium in comparison to the average Forward P/E of 15.56 for its industry.
It's also important to note that ULTA currently trades at a PEG ratio of 1.44. 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. The Retail - Miscellaneous was holding an average PEG ratio of 2.06 at yesterday's closing price.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 77, which puts it in the top 32% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Comcast (CMCSA - Free Report) closed the most recent trading day at $23.38, moving -1.72% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.72%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.12%.
Heading into today, shares of the cable provider had lost 0.13% over the past month, lagging the Consumer Discretionary sector's gain of 2.31% and outpacing the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Comcast in its upcoming earnings disclosure. The company's earnings report is set to go public on July 23, 2026. It is anticipated that the company will report an EPS of $0.97, marking a 22.4% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $29.34 billion, showing a 3.22% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.5 per share and a revenue of $121.92 billion, indicating changes of -18.79% and -1.45%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Comcast. 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 shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.8% downward. Comcast is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, Comcast is currently exchanging hands at a Forward P/E ratio of 6.79. This valuation marks a premium compared to its industry average Forward P/E of 5.02.
Also, we should mention that CMCSA has a PEG ratio of 1.95. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. CMCSA's industry had an average PEG ratio of 0.57 as of yesterday's close.
The Cable Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 190, this industry ranks in the bottom 23% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CMCSA in the coming trading sessions, be sure to utilize Zacks.com.
In the latest trading session, Marvell Technology (MRVL - Free Report) closed at $249.30, marking a +1.63% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.72%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Shares of the chipmaker witnessed a loss of 6.9% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 6.12%, and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Marvell Technology in its upcoming release. The company is predicted to post an EPS of $0.93, indicating a 38.81% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.71 billion, indicating a 35.1% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.04 per share and a revenue of $11.54 billion, representing changes of +42.25% and +40.88%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Marvell Technology. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.17% lower. Marvell Technology presently features a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Marvell Technology has a Forward P/E ratio of 60.66 right now. Its industry sports an average Forward P/E of 49.81, so one might conclude that Marvell Technology is trading at a premium comparatively.
It's also important to note that MRVL currently trades at a PEG ratio of 1.22. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Electronics - Semiconductors industry was having an average PEG ratio of 1.87.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 52, positioning it in the top 22% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest trading session, Builders FirstSource (BLDR - Free Report) closed at $82.33, marking a -2.79% move from the previous day. This change lagged the S&P 500's daily gain of 0.72%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.12%.
The construction supply company's stock has climbed by 15.01% in the past month, exceeding the Retail-Wholesale sector's loss of 0.64% and the S&P 500's loss of 0.9%.
The investment community will be paying close attention to the earnings performance of Builders FirstSource in its upcoming release. In that report, analysts expect Builders FirstSource to post earnings of $1.32 per share. This would mark a year-over-year decline of 44.54%. Alongside, our most recent consensus estimate is anticipating revenue of $3.93 billion, indicating a 7.22% downward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.26 per share and a revenue of $14.87 billion, representing changes of -38.17% and -2.08%, respectively, from the prior year.
Any recent changes to analyst estimates for Builders FirstSource should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 no change in the Zacks Consensus EPS estimate. Right now, Builders FirstSource possesses a Zacks Rank of #3 (Hold).
In the context of valuation, Builders FirstSource is at present trading with a Forward P/E ratio of 19.86. This indicates a premium in contrast to its industry's Forward P/E of 18.2.
It's also important to note that BLDR currently trades at a PEG ratio of 2.03. 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. The Building Products - Retail was holding an average PEG ratio of 1.4 at yesterday's closing price.
The Building Products - Retail industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 198, which puts it in the bottom 20% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest trading session, Nutanix (NTNX - Free Report) closed at $52.42, marking a +2.22% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.
Shares of the enterprise cloud platform services provider have depreciated by 4.4% over the course of the past month, outperforming the Computer and Technology sector's loss of 6.12%, and lagging the S&P 500's loss of 0.9%.
Investors will be eagerly watching for the performance of Nutanix in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.48, signifying a 29.73% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $737.46 million, reflecting a 12.89% rise from the equivalent quarter last year.
NTNX's full-year Zacks Consensus Estimates are calling for earnings of $1.91 per share and revenue of $2.83 billion. These results would represent year-over-year changes of +17.9% and +11.57%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Nutanix. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Nutanix is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Nutanix is at present trading with a Forward P/E ratio of 26.84. Its industry sports an average Forward P/E of 12.96, so one might conclude that Nutanix is trading at a premium comparatively.
Investors should also note that NTNX has a PEG ratio of 1.67 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Computers - IT Services industry currently had an average PEG ratio of 1 as of yesterday's close.
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 103, this industry ranks in the top 42% of all industries, numbering over 250.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
In the latest trading session, Hasbro (HAS - Free Report) closed at $77.98, marking a -2.71% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.72% for the day. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.12%.
The stock of toy maker has fallen by 4.79% in the past month, lagging the Consumer Discretionary sector's gain of 2.31% and the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Hasbro in its upcoming earnings disclosure. The company's earnings report is set to go public on July 21, 2026. The company is forecasted to report an EPS of $1.17, showcasing a 10% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.04 billion, up 6.13% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.96 per share and a revenue of $4.97 billion, demonstrating changes of +7.58% and +5.74%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Hasbro. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. Hasbro is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, Hasbro is presently being traded at a Forward P/E ratio of 13.44. This expresses a premium compared to the average Forward P/E of 9.96 of its industry.
Also, we should mention that HAS has a PEG ratio of 1.97. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HAS's industry had an average PEG ratio of 1.57 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 198, this industry ranks in the bottom 20% of all industries, numbering over 250.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Verra Mobility Corporation (“Verra Mobility” or the “Company”) (NASDAQ:VRRM) investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.
If you purchased or otherwise acquired Verra Mobility securities, have information, or would like to learn more, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the form below, to discuss your rights or interests.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is The Lawsuit About?
The lawsuit has been filed on behalf of investors who purchased securities during the period of February 24, 2026 through May 26, 2026, inclusive (“the Class Period”). The lawsuit alleges that the Company provided materially false and misleading statements and/or concealed material adverse facts concerning the true state of Verra Mobility’s relationship with Avis Budget Group regarding its contract extension with Avis. Further, the Company minimized concerns that major car rental agencies could replace Verra Mobility with in-house solutions or outsourced alternatives.
On May 26, 2026, Verra Mobility announced that it received a termination notice from Avis Budget Group, which becomes effective in September 2026. The Company further disclosed that it “expects the termination to reduce Commercial Services’ 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives.” On this news, the price of Verra Mobility shares declined by $9.23 per share, or approximately 71%, from $13.08 per share on May 26, 2026 to close at $3.85 on May 27, 2026.
[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]
What Should I Do?
If you purchased or otherwise acquired Verra Mobility securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[WHAT IS A SECURITIES CLASS ACTION?]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
A media report that hit the headlines just before the stock market took a break for Independence Day was weighing on investor sentiment toward AutoZone (AZO 6.38%) shares on Monday. The prominent auto retailer's stock fell by more than 6% after a financial news agency reported that two rivals might soon combine.
A Genuine offer? That report, published in Bloomberg and citing unidentified "people familiar with the matter" as sources, said O'Reilly Automotive made a buyout offer for Genuine Parts' auto parts distribution arm. The deal could be valued at $10 billion or more; those sources were not more specific about the financials. They did say it was an all-cash bid.
Image source: Getty Images.
Neither O'Reilly nor Genuine Parts has officially commented on the story.
Genuine Parts is best known for the brand behind the distribution business, Napa. This unit is considerable, with 10,000 retail locations here and abroad, and over $15 billion in sales in 2025, and would be quite the addition for O'Reilly. Earlier this year, Genuine Parts announced it was working with advisors to separate Napa and its industrial parts businesses.
The article's sources said that a potential deal could be announced as early as the end of this summer. There's no guarantee one will happen, however, and Genuine Parts could decide to keep ownership of the distribution unit.
Today's Change
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Moving parts This story is entirely believable, as Genuine Parts as a whole has seen pronounced downward momentum with its share price at times over the past few years. Also, O'Reilly has not been shy about pursuing acquisitions for growth; Bloomberg noted that it spent roughly $1 billion to acquire CSK Auto in 2008.
I always advise against buying or selling a stock on takeover speculation, and that goes for AutoZone, O'Reilly, and Genuine Parts. While this report feels realistic, even if O'Reilly does strike a deal with Genuine Parts, it might encounter legal speedbumps due to antitrust concerns.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Genuine Parts. The Motley Fool has a disclosure policy.
Badger Meter (BMI - Free Report) closed the most recent trading day at $149.79, moving +2.69% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.72%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.12%.
The stock of manufacturer of products that measure gas and water flow has risen by 15.28% in the past month, leading the Computer and Technology sector's loss of 6.12% and the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Badger Meter in its upcoming release. The company plans to announce its earnings on July 22, 2026. The company is forecasted to report an EPS of $1.01, showcasing a 13.68% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $219.66 million, indicating a 7.75% decline compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $4.51 per share and a revenue of $909.27 million, demonstrating changes of -5.85% and -0.81%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Badger Meter. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Badger Meter currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Badger Meter is currently trading at a Forward P/E ratio of 32.34. For comparison, its industry has an average Forward P/E of 32.34, which means Badger Meter is trading at no noticeable deviation to the group.
We can additionally observe that BMI currently boasts a PEG ratio of 2.61. 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. As the market closed yesterday, the Instruments - Control industry was having an average PEG ratio of 1.96.
The Instruments - Control industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 44, positioning it in the top 18% 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.
Investors choosing between Caesars Entertainment (CZR 0.82%) and Six Flags Entertainment (FUN 6.86%) face two very different paths in the leisure market. Both companies are navigating major corporate shifts that will define their performance throughout 2026.
Caesars is a gaming giant currently moving toward a massive buyout while Six Flags is reshaping its theme park portfolio following its landmark merger with Cedar Fair. These businesses represent two distinct ways to play the consumer spending cycle. This comparison evaluates their financial health and growth prospects to see which stock fits your portfolio better.
Caesars operates a vast network of 52 domestic properties including iconic brands like Harrah’s and Horseshoe across 18 states. The company generates revenue through casino operations, hospitality, and a growing digital wagering segment that spans 34 North American jurisdictions. On May 28, 2026, the company entered a definitive agreement to be acquired by Fertitta Entertainment in a deal valued at approximately $17.6 billion, which could provide a clear exit strategy for current shareholders.
In its 2025 fiscal year (FY), revenue reached $11.5 billion, representing a growth rate of 2.1% compared to the prior year. Despite the steady revenue stream, the company reported a net loss of $502.0 million for the period. This widening loss from the previous fiscal year reflects the ongoing costs of maintaining a massive physical footprint and expanding its digital betting infrastructure.
As of its December 2025 balance sheet, Caesars reported a debt-to-equity ratio of 7.5x, meaning it carries 7.5 times more total debt than shareholder equity. Its current ratio of 0.8x indicates it has fewer short-term assets than short-term liabilities, which is a common trait among consumer discretionary stocks with high fixed costs. Free cash flow, the cash remaining after paying for operations and capital equipment, remained positive at roughly $520 million.
The case for Six Flags EntertainmentSix Flags Entertainment operates a diverse portfolio of 20 amusement parks and 14 water parks across North America and Saudi Arabia. The company utilizes popular characters from Warner Bros. and DC Comics to drive attendance and merchandise sales. In March of 2026, the company divested seven parks to EPR Properties for approximately $331 million as part of a strategic pivot to optimize its remaining high-performing assets.
During FY 2025, the company generated revenue of $3.1 billion, which was a significant 14.4% increase over the previous year. However, Six Flags reported a substantial net loss of $1.6 billion for the fiscal year. This loss was largely influenced by the complexities of integrating its operations following the merger with Cedar Fair and the associated restructuring costs.
Following its December 2025 balance sheet update, the company carried a debt-to-equity ratio of 9.8x. This high level of leverage shows that total debt is nearly ten times the value of shareholder equity. The current ratio of 0.7x suggests the company may face tight liquidity in the short term, while free cash flow was negative at $152.2 million for the year.
Risk profile comparisonCaesars Entertainment faces significant uncertainty regarding its pending acquisition by Fertitta Entertainment, as the deal must still clear regulatory and antitrust hurdles. Beyond the merger, the company is dealing with reputational and legal risks following a May 2026 data breach involving cloud-hosted guest records. High leverage and heavy rent obligations to real estate partners also limit the company's ability to pivot if consumer gaming demand softens.
Six Flags Entertainment is currently managing the difficult task of realizing cost synergies from its recent merger while simultaneously selling off underperforming assets. The business remains highly seasonal, with the majority of revenue tied to the summer months, making it vulnerable to bad weather or economic downturns. It also faces stiff competition for family entertainment spending from larger rivals such as Disney, which often have deeper pockets for new attractions and marketing.
Valuation comparisonSix Flags currently trades at a significantly lower forward earnings multiple than Caesars, though Caesars offers a lower valuation relative to its annual sales.
MetricCaesars EntertainmentSix Flags EntertainmentSector BenchmarkForward P/E90.3x49.5x93.7xP/S ratio0.5x0.7xn/aSector benchmark uses the SPDR XLY sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?In comparing Caesars and Six Flags Entertainment, weighing whether to invest in the former depends on if its planned acquisition by Fertitta Entertainment goes through. Caesars has until July 11 to consider alternative acquisition proposals. If Fertitta acquires the company, Caesars shareholders will receive $31 in cash for each outstanding Caesars share.
With Caesars stock trading around $30 as of July 6, the Fertitta acquisition does not provide much upside if you buy Caesars shares now. As a result, Six Flags is the better investment choice at this time.
Six Flags stock is well below its 52-week high of $33.50 reached last July, suggesting now is not a bad time to pick up shares. That said, the company has challenges, particularly its high debt and struggles to integrate Cedar Fair, as demonstrated by its mounting net losses.
In the first quarter, Six Flags reported a net loss of $268.6 million, up from $219.7 million in the previous year. However, adding Cedar Fair’s assets helped the company enjoy 12% year-over-year Q1 revenue growth to $225.6 million.
Nearly one million investors who bought President Trump’s official TRUMP (CRYPTO: TRUMP) meme coin have collectively lost $3.81 billion, according to an investigation by blockchain analytics firm Nansen.
$3.81 Billion Loss Vs. $636 Million ProfitNansen found that 988,905 wallets, constituting around two thirds of all TRUMP buyers, were underwater through the end of June 2025.
Nansen noted those gains were concentrated among a relatively small group of early buyers who benefited before the token’s sharp decline.
The report follows the President’s annual financial disclosure, which showed he earned approximately $636 million from the meme coin project in 2025.
Trump and affiliated entities generated revenue through trading fees, allowing them to profit regardless of whether the token’s price rose or fell.
TRUMP was launched three days before the 2025 presidential inauguration and has fallen about 97% since reaching an all-time high of $75.35.
Retail Vs. Sophisticated TradersAs cited by The New York Times on July 4, the Nansen report underscores the widening gap between sophisticated traders and retail investors in the meme coin market.
The analytics firm said early participants, many using automated trading strategies, captured outsized gains during the token’s initial surge, while later retail buyers absorbed most of the subsequent losses.
The White House rejected suggestions that Trump profited at the expense of investors.
"President Trump proudly made the U.S. the crypto capital of the world," White House spokeswoman Anna Kelly told The New York Times.
"All actions by President Trump and his administration are taken in the best interest of the American people."
Benzinga has reached out to the White House with request for comment.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
In the latest close session, Owens Corning (OC - Free Report) was down 2.83% at $146.79. This change lagged the S&P 500's 0.72% gain on the day. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.12%.
The construction materials company's shares have seen an increase of 26.73% over the last month, surpassing the Construction sector's gain of 0.11% and the S&P 500's loss of 0.9%.
The investment community will be paying close attention to the earnings performance of Owens Corning in its upcoming release. In that report, analysts expect Owens Corning to post earnings of $3.02 per share. This would mark a year-over-year decline of 28.27%. Simultaneously, our latest consensus estimate expects the revenue to be $2.67 billion, showing a 2.75% drop compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $9.53 per share and a revenue of $9.93 billion, signifying shifts of -20.91% and -1.68%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Owens Corning. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Owens Corning currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Owens Corning is presently being traded at a Forward P/E ratio of 15.86. This expresses a discount compared to the average Forward P/E of 18.63 of its industry.
We can additionally observe that OC currently boasts a PEG ratio of 2.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Building Products - Miscellaneous industry was having an average PEG ratio of 1.58.
The Building Products - Miscellaneous industry is part of the Construction sector. At present, this industry carries a Zacks Industry Rank of 183, placing it within the bottom 26% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
In the latest close session, Abercrombie & Fitch (ANF - Free Report) was down 2.87% at $89.77. The stock's change was less than the S&P 500's daily gain of 0.72%. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
The teen clothing retailer's stock has climbed by 22.67% in the past month, exceeding the Retail-Wholesale sector's loss of 0.64% and the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Abercrombie & Fitch in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.94, signifying a 16.38% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.25 billion, up 3.22% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.61 per share and a revenue of $5.46 billion, signifying shifts of +7.61% and +3.67%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Abercrombie & Fitch. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 moved 0.03% higher. At present, Abercrombie & Fitch boasts a Zacks Rank of #3 (Hold).
Investors should also note Abercrombie & Fitch's current valuation metrics, including its Forward P/E ratio of 8.71. For comparison, its industry has an average Forward P/E of 16.15, which means Abercrombie & Fitch is trading at a discount to the group.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 71, this industry ranks in the top 29% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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 ANF in the coming trading sessions, be sure to utilize Zacks.com.
USD1 Goes Live Across Zebec's Full Platform@Zebec_HQ has integrated @worldlibertyfi's $USD1 stablecoin into its entire ecosystem, covering payrolls, payments, and yield. The move positions $USD1 as a core settlement asset within Zebec's financial infrastructure and extends the stablecoin's real-world utility beyond trading and DeFi.
According to CryptoNews, $USD1 is now supported natively inside the Zebec Super App, meaning teams can use the stablecoin directly within the existing platform without bridging to another network or switching tools. Users with @ZebecCards can also receive payroll spend in $USD1, and the integration provides direct access to WLFI markets from within Zebec.
Zebec has also indicated it plans to add further yield solutions later this year, signalling that the $USD1 integration is a starting point rather than a finished product.
What USD1 Brings to Zebec's InfrastructureTimes of Blockchain reports that the rollout reaches more than 65,000 workers across the US and global markets, giving staff the ability to receive, use, and move $USD1 via wallets and cards issued by Zebec. Employees can also access funds through Zebec-issued cards, linking blockchain settlement with everyday payment rails.
$USD1 is custodied by BitGo Trust Company and backed by cash and short-duration US Treasury bills held through government money market funds. Launched in March 2025, the stablecoin had grown to a circulating supply near $4.5 billion by Q1 2026, making it one of the fastest-growing fiat-backed stablecoins in the market.
For Zebec, the integration also aligns with the platform's broader institutional ambitions. Zebec completed its final ZBCN token unlock in March 2026, shifting to a deflationary revenue-funded buyback model, and has been expanding its payroll infrastructure across multiple blockchains. The addition of $USD1 reinforces its position as a multi-chain payroll and payments platform targeting enterprise-scale adoption.
Sources:
CryptoNews: World LibertyFi's USD1 Is Now Live In The Zebec Super App
Times of Blockchain: Zebec Expands USD1 Daily Payroll to 65K+ Global Workers
Eco: USD1 Stablecoin by World Liberty Financial
