We can't say that Charles Schwab's (SCHW +3.73%) proprietary equity index is as closely followed as, say, the S&P 500 index. But when the Schwab Trading Activity Index (STAX) rises notably, investors take notice. That was the dynamic behind the brokerage's nearly 4% price bump on Monday.
The STAX was stacked During that day's trading session, Schwab announced that its self-named index had risen to 59.12 in June, notably up from its May level of slightly over 55. That set a multi-year high, the company pointed out.
Image source: Getty Images.
This is indicative of more than just investor eagerness to own stock, at least according to STAX's owner. The veteran financial company claims that it's a unique behavioral index "that analyzes retail investor stock positions and trading activity from Schwab's millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month.
The company wrote that STAX's June performance was bolstered by bargain-hunting during market pullbacks. Schwab investors were net buyers of index and exchange-traded fund (ETF) options, while they also plowed into tech, communications, and consumer discretionary stocks. By age group, the STAX data showed that Generation X investors were particularly bullish in June.
Today's Change
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Interesting, if non-essential We live in a world stuffed full of securities indexes, so I wouldn't add STAX to the list of essentials to monitor. That said, it is a multi-dimensional indicator that can be revealing of investor trends and habits, factors that always affect the market to some extent.
While I wouldn't buy, sell, or hold Schwab stock based on STAX's latest performance, I'm nevertheless encouraged to see that level of activity at the brokerage.
Charles Schwab is an advertising partner of Motley Fool Money. Eric Volkman has positions in Charles Schwab. The Motley Fool recommends Charles Schwab and recommends the following options: short September 2026 $95 calls on Charles Schwab. The Motley Fool has a disclosure policy.
In the latest close session, Archer Daniels Midland (ADM - Free Report) was up +1.48% at $77.93. 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%.
The agribusiness giant's shares have seen a decrease of 5.1% over the last month, not keeping up with the Consumer Staples sector's gain of 5.91% and the S&P 500's loss of 0.9%.
The investment community will be closely monitoring the performance of Archer Daniels Midland in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $1.29, reflecting a 38.71% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $22.51 billion, indicating a 6.35% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.67 per share and a revenue of $85.44 billion, indicating changes of +36.15% and +6.45%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Archer Daniels Midland. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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, 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 has moved 0.79% higher within the past month. Right now, Archer Daniels Midland possesses a Zacks Rank of #1 (Strong Buy).
With respect to valuation, Archer Daniels Midland is currently being traded at a Forward P/E ratio of 16.44. This represents a premium compared to its industry average Forward P/E of 13.28.
The Agriculture - Operations industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 107, positioning it in the top 44% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
A HyperSwap user lost about $12,300 after clicking a fake airdrop link on X, approving one wallet request, and unknowingly giving a scammer control of his funds.
BeInCrypto reconstructed the attack with the victim using public blockchain records. The records show a fast phishing operation inside the Hyperliquid ecosystem.
The scammer took the victim’s position on HyperSwap, withdrew the funds behind it, converted them into HYPE, and moved the money to Ethereum in less than two minutes.
Note: HyperSwap is an exchange that runs on the Hyperliquid blockchain. HyperSwap has its own team, and Hyperliquid does not manage it — just as the creators of Ethereum do not manage applications like Uniswap running on it.
The Trap Started With a Fake X Account The victim used HyperSwap. Like other decentralized exchanges, it lets users trade directly from their wallets without a company holding their funds.
The victim had supplied money to a HyperSwap liquidity pool. In simple terms, he had deposited crypto, so other users could trade against it. In return, he could earn fees.
On HyperSwap V3, that position was represented by NFT #178549. This was not a picture or collectible. It was more like a digital receipt. Whoever controlled that NFT controlled the funds linked to the position.
The victim told BeInCrypto he saw a post on X promoting an airdrop. An airdrop is a token giveaway, often used by crypto projects to reward users.
The Scammer’s Post Using a Fake X Account with a Very Similar Username to the Official HyperSwap Account The post appeared to come from HyperSwap. It did not. It came from an impostor account with a handle that closely resembled the real HyperSwap account, HyperSwapX, which is linked from the project’s official website.
The victim followed the link and connected his wallet. He believed he was checking whether he qualified for the airdrop. Instead, he approved a transaction that gave the scammer permission to move his HyperSwap position.
That approval was the key moment.
One Approval Gave the Scammer Control Crypto wallets often ask users to approve transactions. Some approvals are harmless. Others give another address permission to move valuable assets.
To most users, the warning can look routine. A fake site can make a dangerous approval look like a normal step in claiming tokens.
That appears to be what happened here.
At 20:21:51 UTC on June 29, the scammer used the earlier approval to transfer NFT #178549 out of the victim’s wallet. The victim did not sign anything at that moment. The scammer had already secured permission.
The scammer’s address was 0x880C95246D7525b84902E6c040818a7C72d3Aa77. HyperEVM explorer records flagged it as Fake_Phishing3746335, with a “Phish / Hack” tag reported by HashDit.
The NFT moved to another scammer-controlled wallet. Once that happened, the attacker controlled the liquidity position.
Twenty-five seconds later, the scammer withdrew the funds behind the NFT. The position contained about 3,935 USDC and 116.6 WHYPE. Together, they were worth roughly $12,300 at the time.
Theft transaction in hyperevmscan: On June 29, 2026, the address marked as Fake_Phishing3746335 transferred the victim’s NFT (0x39f2…0f9E) to his wallet The Money Was Moved Fast After withdrawing the funds, the scammer prepared to move them away from HyperEVM.
First, the wallet gave permission to LI.FI, a legitimate cross-chain bridge and swap service. A bridge lets users move crypto from one blockchain to another.
There is no evidence that LI.FI took part in the theft. The scammer used it after stealing the funds.
The scammer then converted the stolen USDC and WHYPE into about 175.9 HYPE. Seconds later, the HYPE was bridged from HyperEVM to Ethereum.
The destination was 0xFa47eef42fB2C63DCEA0cAC2295a58036052932D. On Ethereum, that wallet received the funds and almost immediately moved 7.035 ETH onward in one transaction.
The wallet had been created shortly before. It was used once and left almost empty. That pattern is common in laundering chains, where stolen funds pass through temporary wallets to make tracing harder.
From the NFT transfer to the bridge transaction, the active theft took about 84 seconds.
A Wider Phishing Pattern The scammer’s wallet appeared to be part of a broader operation.
Explorer records reviewed by BeInCrypto showed the address had been active for about 33 days. It was also linked to roughly 25 other addresses. That suggests the attacker may have targeted more than one user.
The link to the fraudulent resource has been hanging in messages since June 26 For victims, the problem is practical. Blockchain records can show what happened. They rarely stop it from happening in real time.
Once a user signs a bad approval, the scammer can act quickly. Once funds move across chains, recovery becomes even harder.
The victim later tried to report the suspicious link and get it removed. He said he felt ignored and began to suspect the HyperSwap team had failed to act.
The on-chain evidence reviewed by BeInCrypto points to a phishing attack from an impostor account. The fake X account was separate from HyperSwap’s official account. The official HyperSwap account and official contract were not shown to have carried out the theft.
However, the victim’s experience highlights a serious weakness in the ecosystem. Users can be attacked through fake social media accounts, drained through confusing wallet approvals, and left with few clear options after the money is gone.
During a conversation with BeInCrypto journalists, the victim stated that they tried various ways to warn the Hyperliquid team about the scam, but received no response.
According to the victim, the only active communication channel with HyperSwap was Discord. At the time of writing, the link to it is invalid. So he tried to get the problem across to the ecosystem team where the project works, but that attempt was unsuccessful.
The screenshot shows our interlocutor trying to reach Hyperliquid support via Discord. In this case, the Hyperliquid command ignores the user’s request to send a message about the found vulnerability and prompts him to contact HyperSwap himself. Overall, the scammer’s method was simple. A fake account promoted a fake airdrop. A fake site secured wallet approval. A flagged phishing wallet took the victim’s HyperSwap position, emptied it, and moved the funds to Ethereum.
The loss was about $12,300. The theft took less than two minutes.
The victim suggested that HyperSwap employees may be involved in the theft or are deliberately hiding it. However, BeInCrypto could not find any exact information to support those claims.
Coinbase Global, Inc. (COIN - Free Report) closed the most recent trading day at $168.87, moving +2.05% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.
The stock of company has risen by 8.58% in the past month, leading the Finance sector's gain of 5.36% and the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Coinbase Global, Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $0.31, up 158.33% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $1.36 billion, showing a 9.27% drop compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.74 per share and a revenue of $5.95 billion, indicating changes of -56.82% and -17.13%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Coinbase Global, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. 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.
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 witnessed a 9.91% decrease. As of now, Coinbase Global, Inc. holds a Zacks Rank of #3 (Hold).
Investors should also note Coinbase Global, Inc.'s current valuation metrics, including its Forward P/E ratio of 95.18. For comparison, its industry has an average Forward P/E of 11.13, which means Coinbase Global, Inc. is trading at a premium to the group.
We can also see that COIN currently has a PEG ratio of 5.84. 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. The Financial - Miscellaneous Services industry currently had an average PEG ratio of 1.02 as of yesterday's close.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 100, placing it within the top 41% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
In the latest trading session, Palo Alto Networks (PANW - Free Report) closed at $357.35, marking a +2.67% move from the previous day. This change outpaced the S&P 500's 0.72% gain on the day. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.12%.
Heading into today, shares of the security software maker had gained 27.94% over the past month, outpacing the Computer and Technology sector's loss of 6.12% and the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Palo Alto Networks in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.97, signifying a 2.11% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $3.35 billion, reflecting a 32.1% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $3.77 per share and a revenue of $11.41 billion, demonstrating changes of +12.87% and +23.71%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Palo Alto Networks. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, 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 moved 1.14% lower. Palo Alto Networks is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Palo Alto Networks's current valuation metrics, including its Forward P/E ratio of 92.32. This indicates a premium in contrast to its industry's Forward P/E of 49.06.
It is also worth noting that PANW currently has a PEG ratio of 6.96. 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 Security industry held an average PEG ratio of 3.26.
The Security industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 44% of all 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
SAN FRANCISCO, July 06, 2026 (GLOBE NEWSWIRE) -- Roblox Corporation (NYSE: RBLX) faces a securities class action lawsuit after its April 30, 2026 Q1 2026 report indicating a surprisingly large sequential decline in daily active users (“DAUs”) tempered by its age-check rollout. The news drove the price of Roblox shares down $10.13 (-18%) the next trading day and erased over $6.7 billion from the company’s market capitalization.
The lawsuit seeks to represent investors who purchased or otherwise acquired Roblox common stock between October 30, 2025 and April 30, 2026.
National shareholder rights firm Hagens Berman is investigating the legal claims that Roblox and its co-defendants violated the federal securities laws. The firm encourages Roblox investors who suffered substantial losses to submit your losses now.
Class Period: Oct. 30, 2025 – Apr. 30, 2026
Lead Plaintiff Deadline: Aug. 7, 2026
Visit: www.hbsslaw.com/investor-fraud/rblx
Contact the Firm Now: [email protected] | 844-916-0895
Roblox Corporation (RBLX) Securities Class Action:
The primary focus of the litigation is on the propriety of Roblox’s disclosures about the impact on its business and prospects of the age-check verification rollout aimed at increasing safety within certain social features on its platform. The rollout began in November 2025.
Throughout the Class Period, Roblox has characterized its rollout as the “gold standard” intended to be implemented with “no friction.” The company has also touted its high year-over-year DAU growth and related revenue and bookings growth.
As recently as February 5, 2026, during Roblox’s Q4 2025 earnings call, CEO David Baszucki responded to an analyst’s question about additional detail about the age-check rollout, assuring investors that “[w]e’re very excited and proud of the way our age verification rollout has gone” and “we found so many other opportunities for optimization that I’m very pleased and happy about the way the rollout has gone.”
The complaint alleges that Roblox made false and misleading statements while failing to disclose important information to investors about the true state of the company’s growth potential. More specifically, the complaint alleges that Roblox would see significant growth slowdown as enrollments in its age-check rollout would quickly taper, compounding the resulting slowdown in on-line platform communication and resulting in app store rating reductions and a swift reduction in organic growth.
The truth entered the market on April 30, 2026. That day, Roblox reported its Q1 2026 financial results, revealed a steep deceleration in year-over-year and sequential DAU growth, slashed its 2026 revenue guidance (reflecting ongoing shrinkage in DAU growth), and severely cut its 2026 bookings growth midpoint from 24% to just 10%.
The company blamed its adverse situation on just 51% of Roblox global DAUs having age checked and further revealed that “as a result of age check […] we have seen a reduction in app store ratings, and we believe this may be contributing to a reduction in organic sign-ups that typically flow from app stores.” Roblox also said its lowered prospects are the result of “continued friction” resulting from the age-check rollout.
“We’re focused on when Roblox and its management knew of the adverse consequences of the age-check rollout and whether they intentionally misled investors,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Roblox and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now.
If you’d like more information and answers to other frequently asked questions about the Roblox case and the firm’s investigation, read more.
Whistleblowers: Persons with non-public information regarding Roblox should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
In the latest close session, Warner Bros. Discovery (WBD - Free Report) was down 1.36% at $26.12. The stock's performance was behind 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 operator of cable TV channels such as TLC and Animal Planet has risen by 0.91% in the past month, lagging the Consumer Discretionary sector's gain of 2.31% and overreaching the S&P 500's loss of 0.9%.
The upcoming earnings release of Warner Bros. Discovery will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.12, marking a 119.05% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.39 billion, indicating a 4.33% decrease compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$1.07 per share and a revenue of $37.04 billion, representing changes of -468.97% and -0.69%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Warner Bros Discovery. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
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, 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. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 14.92% decrease. Warner Bros. Discovery is currently sporting a Zacks Rank of #3 (Hold).
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 170, putting 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
The Trade Desk (TTD - Free Report) closed at $19.31 in the latest trading session, marking a +1.1% move from the prior day. This change outpaced the S&P 500's 0.72% gain on the day. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.12%.
Coming into today, shares of the digital-advertising platform operator had lost 4.26% in the past month. In that same time, the Computer and Technology sector lost 6.12%, while the S&P 500 lost 0.9%.
The upcoming earnings release of The Trade Desk will be of great interest to investors. In that report, analysts expect The Trade Desk to post earnings of $0.41 per share. This would mark no growth from the year-ago period. Meanwhile, the latest consensus estimate predicts the revenue to be $751.58 million, indicating a 8.29% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.88 per share and revenue of $3.18 billion. These totals would mark changes of +6.21% and +9.82%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for The Trade Desk. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, 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. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. The Trade Desk currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, The Trade Desk is currently exchanging hands at a Forward P/E ratio of 10.16. This signifies a discount in comparison to the average Forward P/E of 15.37 for its industry.
One should further note that TTD currently holds a PEG ratio of 0.58. 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. Internet - Services stocks are, on average, holding a PEG ratio of 1.6 based on yesterday's closing prices.
The Internet - Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 107, this industry ranks in the top 44% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.
Affirm Holdings (AFRM - Free Report) closed the most recent trading day at $85.78, moving +1.42% from the previous trading session. The stock's performance was ahead of 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 operator of digital commerce platform had gained 32.97% outpaced the Computer and Technology sector's loss of 6.12% and the S&P 500's loss of 0.9%.
The upcoming earnings release of Affirm Holdings will be of great interest to investors. It is anticipated that the company will report an EPS of $0.34, marking a 70% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $1.11 billion, up 26.19% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.24 per share and revenue of $4.21 billion, indicating changes of +726.67% and +30.59%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Affirm Holdings. 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, 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 moved 0.63% higher. Affirm Holdings is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Affirm Holdings is presently being traded at a Forward P/E ratio of 49.64. This valuation marks a premium compared to its industry average Forward P/E of 19.82.
We can also see that AFRM currently has a PEG ratio of 3.48. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.08.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 83, placing it within the top 34% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Traders usually name a market cycle after an asset when bullish sentiment reaches an extreme.
Currently, that seems to be happening with Solana [SOL]. Several traders who were bearish on SOL just weeks ago have now flipped bullish. The sudden shift was so noticeable that it even fueled speculation on social media, with some users questioning whether Solana was paying analysts to push a pro-SOL narrative.
More recently, Ansem added to the buzz by calling SOL undervalued and arguing that it has the potential for a 100x move, citing the network’s ecosystem upgrades and continued growth. The biggest talking point, however, came from another analyst who predicted that SOL could hit $1,000 this cycle, calling the current market phase the “Solana cycle.”
Source: X Technically, that target looks like a stretch.
Solana is still struggling to reclaim the $100 level, so a move to $1,000 this cycle remains a long shot. That said, the on-chain data is telling a different story. Over the past two weeks, the network has added more than 1.6 million new addresses, a sign that user activity continues to accelerate.
Meanwhile, around $120 million worth of SOL has been withdrawn from exchanges over the past week. Growing network activity combined with steady exchange outflows suggests demand is picking up while more holders are moving their tokens off trading platforms, reducing immediate sell-side pressure.
That said, Solana’s biggest growth catalyst may not be network expansion alone. Instead, the real momentum appears to be coming from sector-specific demand, making the idea of a “Solana cycle” heading into H2 less far-fetched than it first appears.
Memecoin demand strengthens Solana’s outlook The memecoin market collapse is becoming a key driver of the 2026 cycle.
According to CoinMarketCap data, the total memecoin market cap has declined by over $10 billion so far this year and remains in the red, reflecting fading interest in meme-based tokens. Notably, this weakness is also visible in the data, with memecoin dominance falling sharply to 3.7%, its lowest level since February 2024.
However, Solana is clearly diverging from the broader market trend. As the chart shows, Solana-based memecoins have been in a steady uptrend since June, with Bonk [BONK] leading the move with over 13%+ gains during the period. Meanwhile, Pump.fun has climbed to the top spot by 24-hour DEX volume, surpassing Uniswap, as memecoin trading activity on Solana picks up again.
Source: CoinGecko In simple terms, Solana network usage isn’t just driven by spot demand.
Instead, growth in new addresses has lined up with strong memecoin momentum on the network, showing that interest in Solana-based memes remains firm even as the broader memecoin market cools. That gives SOL a clear edge in the current setup.
So, while SOL may still be far from a $1,000 rally from a technical standpoint, the underlying demand and activity still support the idea of a “Solana cycle.” That keeps SOL a key altcoin to watch heading into H2.
The Solana ETF race is no longer a one-issuer experiment. 21Shares has filed an S-1 registration statement for a Solana trust, adding another major name to the push for regulated SOL exposure in the United States.
For more details, visit the official SEC platform.
TL;DR 21Shares has filed a Solana S-1 registration statement with the SEC.The filing adds momentum to the race for the first U.S. Solana spot ETF.The proposed trust would deepen the institutional conversation around SOL. The filing matters because ETF markets are partly about timing and partly about signalling. When multiple issuers pursue the same asset, it tells advisers and institutions that the asset is no longer being treated as a niche trade by fund sponsors.
Solana Moves Into The Fund Pipeline Bitcoin opened the door. Ethereum pushed the conversation wider. Solana is now testing whether the SEC is willing to consider a broader set of crypto assets for spot fund products. That is a difficult jump, but the filing gives the market a concrete document to evaluate rather than just speculation.
For SOL, an ETF would not simply add a new trading wrapper. It would change who can access the asset and how. Financial advisers, managed portfolios, and brokerage platforms often prefer regulated fund structures over direct token custody. That is the opportunity issuers are chasing.
Approval Is Still The Hard Part The SEC will still have to weigh market surveillance, custody, liquidity, and the long-running question of how Solana should be classified. None of that disappears because more issuers are interested.
Still, the direction is clear. Solana is being treated as the next serious candidate in the crypto ETF pipeline. Whether approval comes quickly or not, the filing itself pushes SOL further into institutional asset-allocation discussions.
This report is based on the 21Shares S-1 registration statement filed with the SEC.
This article was written by the News Desk and edited by Samuel Rae.
Here’s a sentence you probably didn’t expect to read today: there’s a Solana-based meme token called “Jail Achraf Hakimi” that’s been trading with real volume while the man himself captains Morocco at the 2026 FIFA World Cup.
The 27-year-old Paris Saint-Germain defender lost an appeal on June 19, 2026, when the Versailles Court of Appeal confirmed he must stand trial on rape charges stemming from a 2023 incident. That same day, he played the full 90 minutes as Morocco beat Scotland in a group stage match.
The legal backdrop, and the tokens feeding off it Preliminary charges against Hakimi were filed in March 2023, based on accusations from a 24-year-old woman. Hakimi has denied all allegations and plans to continue his legal challenges. If convicted, he faces a maximum sentence of 15 years.
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Moroccan coach Mohamed Ouahbi has publicly backed his captain, stating the team is “behind him.” Hakimi has captained Morocco throughout the World Cup group stage.
A fan token trading under the ticker AH and a separate Solana-based meme token branded around Hakimi’s name have both experienced notable volatility. The trading activity appears to correlate directly with on-field performances and courtroom developments.
Why crypto traders care about a football trial What makes this case worth watching is the dual catalyst structure. Hakimi generates headlines from two completely separate arenas: football matches and court rulings. Each creates a potential volatility event for tokens tied to his name.
That said, the broader trading community appears cautious. There’s been limited substantive market commentary or analysis around these tokens, suggesting that most serious participants view them as high-risk, low-conviction trades rather than anything resembling an investment thesis.
The bigger picture for sports and speculative crypto The speed at which Solana’s infrastructure allows anyone to create and list a token means that the gap between “trending topic” and “tradeable asset” has collapsed to essentially zero.
The tokens have no fundamental backing, no team behind them with a product roadmap, and no mechanism for value accrual beyond speculative demand. Traders considering exposure to personality-driven meme tokens should remember one reliable rule: the people who profit most from these trades are the ones who create the tokens, not the ones who buy them after they trend on social media.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana price has held above key technical support even after slipping 1.7%, while U.S.-listed spot Solana ETFs have continued attracting fresh inflows as Bitcoin and Ethereum funds recorded weekly withdrawals.
Summary
Solana held above key support as $5.75 million in spot ETF inflows contrasted with Bitcoin and Ethereum fund outflows. Solana ranked second in weekly spot trading volume, while non-vote transactions topped 1 billion for the first time. Rising active users, strong DApp revenue, and bullish technical indicators continue to support Solana’s recovery. After climbing more than 15% last week, Solana (SOL) price met selling pressure near the $80 level, where traders again defended resistance amid the broader market pullback. Even after the recent recovery, the token remains about 73% below its all-time high of $294.33 reached on Jan. 19, 2025.
Meanwhile, Bitcoin fell 1.65% during the same period, dragging the total cryptocurrency market capitalization down 1.47% to $2.14 trillion.
ETF demand has stayed positive despite market weakness Fund flow data showed Solana diverging from the two largest cryptocurrencies during the latest reporting period. Spot Bitcoin ETFs recorded net outflows of $527 million between June 29 and July 2, extending their losing streak to eight consecutive weeks. Spot Ethereum ETFs also registered net outflows totaling $13.67 million.
By contrast, U.S.-listed spot Solana ETFs attracted $5.75 million in net inflows over the same period. The inflows indicated that investors continued adding exposure despite weakness across the wider digital asset market.
Capital also moved into several other altcoin investment products. XRP ETFs recorded $17.19 million in net inflows, while HYPE ETFs added another $4.32 million during the week.
Away from fund flows, on-chain activity continued to strengthen. According to SolanaFloor, Solana ranked second in global spot crypto trading volume for the second consecutive week, processing $12.25 billion across centralized and decentralized exchanges. That total remained ahead of Bybit’s $10.57 billion, although Binance retained the top position among exchanges during the reporting period.
SolanaFloor also reported that weekly non-vote transactions surpassed one billion for the first time. Unlike validator voting activity, non-vote transactions represent actual network usage generated by users, decentralized applications, and traders. The sharp rise at the beginning of July points to heavier activity across the ecosystem.
Technical structure still favors buyers above key support Network participation has accelerated alongside the recovery. According to Artemis data, Solana’s weekly active addresses climbed from 16.8 million to 29.7 million in just two weeks, an increase of roughly 12.9 million wallets, or about 76.8%. The rebound followed slower activity during June as users returned to decentralized applications across the network.
Source: Artemis Separate ecosystem rankings also kept Solana at the top of several blockchain activity metrics. The network led all Layer 1 and Layer 2 chains in both 24-hour and seven-day decentralized application revenue while also recording the highest decentralized exchange trading volume over those periods. Polygon, Ethereum, Base, BNB Chain and Hyperliquid followed behind across the tracked categories.
Price action continues to support the improving network data. On the daily chart, Solana remains above its 20-day, 50-day and 100-day moving averages, while the MACD indicator is still in bullish territory despite momentum easing after last week’s rally.
Solana daily price chart — July 6 | Source: crypto.news On the 4-hour chart, the Supertrend indicator continues to hold below price near $78.30, and Chaikin Money Flow has stayed slightly above zero, indicating modest buying pressure.
Solana price 4-hour chart — July 6 | Source: crypto.news The latest consolidation has left immediate resistance around the recent high near $84, while the Supertrend level near $78 and the Fibonacci support around $76 remain the first areas buyers may need to defend if selling pressure returns. Together with steady ETF inflows and rising network activity, those technical levels suggest Solana’s recovery remains intact unless those support zones give way.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
In a recent article, Chase Barker, Founder Ecosystem Growth at the Solana Foundation, declared revenue to be “the new meta.” Solana manlets took those words to heart because, for the first time in 4 months, Solana has reclaimed the top position among all blockchains by daily Network Real Economic Value (REV), highlighting renewed demand for blockspace across the network.
Network REV measures the fees and tips users pay for general-purpose blockspace. Unlike transaction fees alone, the metric combines both in-protocol fees and out-of-protocol tips to provide a broader picture of the economic value generated by blockchain activity. The latest data placed Solana ahead of every competing blockchain in daily REV, reflecting stronger onchain demand.
The milestone comes as several of Solana's key network metrics continue to reach new highs.
Trading and Transaction Records Continue Solana processed more than 1 billion non-vote transactions during the past week, setting a new all-time high for weekly transaction activity.
The network also ranked No. 2 globally in combined DEX and CEX spot crypto trading volume for the second consecutive week. Solana recorded $12.25 billion in weekly trading volume, ahead of Bybit's $10.57 billion and trailing only Binance.
Price action also improved. According to CoinGecko data, $SOL gained more than 27% over the past month and now trades roughly 33% above its recent low of $60, making it the strongest performer among the top 10 cryptocurrencies by market capitalization during the latest rally.
Q2 Showed Broad Growth Solana's return to the top of the Network REV rankings follows a record-breaking Q2 2026. The network processed $4.84 billion in tokenized equity spot trading volume, capturing more than 96% of the market for the 4th consecutive quarter.
Solana dApps generated $257 million in revenue, extending their lead for a 9th straight quarter, while quarterly non-vote transactions reached roughly 9.8 billion, representing 59% of all blockchain transactions. Perpetual futures volume climbed to a record $183 billion, and the Foundation's delegated stake declined to 4.92% of the total network stake as decentralization efforts continued.
These milestones came despite bear market conditions, suggesting the network could be well-positioned for further growth if Q2 marked the cycle's bottom.
Revenue Reflects Real Usage In the aforementioned article, Chase Barker argued that revenue has become one of the clearest indicators of blockchain health. He noted that fee generation reflects real user activity rather than speculation, and that protocols creating value directly onchain strengthen Solana's long-term economic network effects.
Solana's return to the top of the Network REV rankings aligns with that view, suggesting that increasing user activity, higher transaction demand, and growing protocol usage continue to translate into measurable economic value across the network.
Read More on SolanaFloor Exponent Strategy Vaults Spearhead Next Evolution of Solana DeFi
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Staking has become one of the most common ways for crypto investors to earn passive rewards, but not every staking model works the same way.
Established blockchain networks like Ethereum and Solana generate rewards by helping secure their blockchains, while many newer projects introduce staking as part of a broader ecosystem designed to encourage participation before and after launch.
MemeToro ($MT) follows the second approach. Its staking program offers 35% APY, making it noticeably different from traditional Layer-1 staking. Understanding where those rewards come from helps explain why comparing the three systems requires more than simply looking at headline percentages.
Ethereum and Solana Reward Different Types of Participants Ethereum and Solana both rely on staking to support network security, but they currently produce different reward profiles.
Ethereum staking yields have flattened during 2026, with validators generally earning between 3.2% and 3.8% APY. Lower Layer-1 transaction fees have reduced MEV activity and token-burning dynamics, limiting the additional rewards that validators previously benefited from.
Solana currently offers stronger returns.
Average staking yields sit between 6.5% and 7.1% APY, supported by high transaction volumes across the network. Increased activity from memecoin trading has boosted validator rewards through priority transaction fees and Jito MEV, while liquid staking products such as JitoSOL and mSOL continue attracting fresh capital.
Although both systems reward token holders, their yields are directly tied to blockchain activity rather than promotional incentives.
Why MemeToro Uses a Different Staking Model MemeToro ($MT) is more than a Layer-1 blockchain.
$MT staking is designed as one component of a broader AI-powered ecosystem that is still under development.
The project currently offers rewards of up to 35% APY, encouraging participants to remain engaged throughout the presale and beyond the eventual exchange listing.
Unlike Ethereum or Solana, those rewards are not generated by validating blockchain transactions.
Instead, they form part of the ecosystem’s participation model alongside automated memecoin creation, decentralized prediction markets, SocialFi features, and behavioral finance tools.
Higher APY Doesn’t Automatically Mean Better Value Many investors naturally compare staking opportunities by looking only at annual percentage yields.
In practice, that tells only part of the story.
Lower-yield networks such as Ethereum often provide greater maturity, deeper liquidity, and years of operational history. Their staking systems have been tested through multiple market cycles and are supported by large validator communities.
Higher-yield opportunities usually involve different trade-offs.
Early-stage projects may offer larger rewards to encourage participation while their ecosystems continue expanding. Those returns can be attractive, but investors also need to evaluate roadmap execution, token utility, adoption, and overall project development.
Comparing APY without considering those factors rarely gives the full picture.
Where Analysts See Staking Trends Moving Broader market conditions are also influencing staking decisions.
The Citigroup Global Markets Research Team recently observed:
“With Ethereum closing out a brutal multi-quarter downward stretch, its structural 3.5% staking yield is no longer enough to hedge against capital depreciation. Risk-on liquidity is moving down-curve into high-throughput ecosystems where network velocity drastically enhances the underlying staking profile.”
That observation reflects a wider shift taking place across crypto.
Some investors continue prioritizing established staking networks, while others are allocating part of their portfolios toward earlier-stage ecosystems that offer different reward structures and growth profiles.
Neither strategy is universally better. Much depends on an investor’s objectives and risk tolerance.
Four Steps to Your $MT Allocation MemeToro built its buying process around speed and security, so anyone can complete a purchase without friction:
Reach the Portal: Click through from the main site to the verified presale interface. Link a Wallet: Connect your wallet and switch it to the BNB Chain network. Pick a Payment Method: Use BNB, ETH, stablecoins, or a card, whichever suits you best. Confirm and Receive: Approve the transaction to add $MT directly to your wallet. Buying early does more than lock in a lower price. Token holders get first access to staking rewards, trading tools, and other features as they roll out across the platform.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Somewhere in the Solana memecoin casino, a new contender has quietly surpassed Official Trump ($TRUMP) in market capitalization. The twist: it has significantly less liquidity, which is a bit like owning a mansion you can’t actually sell.
The rise and brutal fall of $TRUMP Launched on January 17, 2025, by entities associated with President Donald Trump, the token briefly commanded a market cap between $15 billion and $27 billion within its first couple of days.
As of early July 2026, $TRUMP trades at roughly $1.67 to $1.68 per token. That puts its market cap at approximately $398 million, representing a decline of over 97% from its all-time high near $73 to $75.
In English: if you put $10,000 in at the top, you’re looking at about $230 today.
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According to Nansen data, nearly one million buyers have accumulated losses totaling around $3.81 billion. Meanwhile, Trump-linked entities that hold significant portions of the supply have reportedly generated hundreds of millions in fees.
Market cap vs. liquidity: why size isn’t everything Market cap is calculated by multiplying a token’s price by its total circulating supply. If a token has a billion units in circulation and the last trade was at $1, the market cap reads $1 billion. But if only $50,000 worth of tokens actually trade on any given day, that $1 billion figure is more theoretical than practical.
Low liquidity creates several concrete problems for holders. Large sell orders move the price dramatically. Slippage eats into returns on both entry and exit. And in a panic, the exit door is extremely narrow, meaning everyone tries to sell at once and only a few get out at reasonable prices.
The fact that this new token surpassed $TRUMP’s $398 million market cap while maintaining far less liquidity suggests the valuation is fragile.
What the Solana memecoin ecosystem looks like now Solana has become the default blockchain for memecoin speculation, partly due to low transaction fees and fast settlement times. Fartcoin became a notable example of the genre, attracting mainstream media coverage for its absurd branding while actually achieving meaningful trading volume for a period.
What this means for investors Nearly one million people collectively lost $3.81 billion on what was arguably the most well-known memecoin launch ever. The token had everything going for it: name recognition, media coverage, political tribalism driving purchases. None of it was enough to prevent a 97% drawdown.
Traders who are tempted by the headline number should be asking pointed questions. What is the daily trading volume relative to market cap? What percentage of the supply is concentrated in a small number of wallets? Is there any liquidity locked, and if so, for how long?
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance proposal that drained an estimated $20 million worth of BONK tokens from its treasury, according to a post on its official X account. The DAO said the…
BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance proposal that drained an estimated $20 million worth of BONK tokens from its treasury, according to a post on its official X account.
The DAO said the attack routed through a governance vote rather than a smart-contract bug, a vector that has hit other protocols this year, including a June governance takeover at Balancer-linked TOP token pools that drained $1.58 million.
BonkDAO said it has already identified the exchange wallets used to buy BONK ahead of the proposal being submitted, a pattern suggesting the attacker positioned tokens before pushing the malicious vote through. The DAO is "actively working with exchanges, bridges and Solana Foundation to best manage the situation," per its statement.
Law Enforcement NotifiedBonkDAO said law enforcement has been notified and that it continues working with "relevant parties to recover funds and identify those responsible," according to the same post. The DAO did not name a suspect or disclose the specific governance mechanism exploited to pass the proposal.
The disclosure came directly from BonkDAO's verified X account, with no on-chain transaction hash, security-firm tracing report, or third-party confirmation yet available. BONK is among the largest Solana memecoins by market capitalization, and a governance-level treasury drain of this size marks one of the larger DAO exploits reported this year via the proposal-attack vector rather than a code vulnerability.
In brief BONK suffered a $20 million exploit related to a malicious governance attack. A passed proposal sent 4.4 trillion BONK tokens to an alleged attacker's address. The meme coin team is working with exchanges and the Solana Foundation to manage the situation. BonkDAO, the decentralized autonomous organization tied to the popular Bonk meme coin on Solana, fell victim to a "malicious" governance attack that resulted in a roughly $20 million heist from its treasury.
The team behind the meme coin and its various endeavors said it is working with centralized exchanges, network bridges, and the Solana Foundation as it navigates the situation.
“During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal,” the meme coin account posted on X.
“Law enforcement has been notified,” it said. “BonkDAO continues to work with relevant parties to recover funds and identify those responsible.”
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
— BONK!!! (@bonk_inu) July 6, 2026
Dubbed a “drain,” by the meme coin project, the incident took place around 4:00 a.m. ET on Monday, when more than 4.4 trillion BONK tokens, valued at $19.3 million at the time of writing, were transferred from the treasury wallet to an address ending in “JHvQ.”
That event was highlighted as the second key instruction in a Bonk Improvement Proposal #76, a governance proposal submitted and passed using BonkDAO’s governance platform.
Entitled “Sowellian BonkDAO,” the proposal sought to “implement Sowellian governance, install new members and council, rebuild from the ashes, monetize holdings, and stop the bleeding.”
It also indicated that all “yes” voters would be eligible to receive BONK tokens. But the tokens that moved to “JHvQ”—a wallet identified by Solana blockchain explorer Solscan as being funded via a Bybit account—have not been distributed to any other parties. Instead, they were transferred around 3:30 p.m. ET to a different Solana address ending in “eh42.”
As a result of the incident, crypto exchanges have taken action. South Korean exchange Upbit and American exchange Kraken have both paused deposits and withdrawals of the BONK token, with the former citing “user protection measures following the circumstances of a security incident.”
BONK, once a top 100 crypto token by market cap, has fallen around 7% in the last 24 hours to trade around $0.0000043. That price is around 93% below its all-time high mark of $0.000058.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief BONK suffered a $20 million exploit related to a malicious governance attack. A passed proposal sent 4.4 trillion BONK tokens to an alleged attacker's address. The meme coin team is working with exchanges and the Solana Foundation to manage the situation. BonkDAO, the decentralized autonomous organization tied to the popular Bonk meme coin on Solana, fell victim to a "malicious" governance attack that resulted in a roughly $20 million heist from its treasury.
The team behind the meme coin and its various endeavors said it is working with centralized exchanges, network bridges, and the Solana Foundation as it navigates the situation.
“During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal,” the meme coin account posted on X.
“Law enforcement has been notified,” it said. “BonkDAO continues to work with relevant parties to recover funds and identify those responsible.”
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
— BONK!!! (@bonk_inu) July 6, 2026
Dubbed a “drain,” by the meme coin project, the incident took place around 4:00 a.m. ET on Monday, when more than 4.4 trillion BONK tokens, valued at $19.3 million at the time of writing, were transferred from the treasury wallet to an address ending in “JHvQ.”
That event was highlighted as the second key instruction in a Bonk Improvement Proposal #76, a governance proposal submitted and passed using BonkDAO’s governance platform.
Entitled “Sowellian BonkDAO,” the proposal sought to “implement Sowellian governance, install new members and council, rebuild from the ashes, monetize holdings, and stop the bleeding.”
It also indicated that all “yes” voters would be eligible to receive BONK tokens. But the tokens that moved to “JHvQ”—a wallet identified by Solana blockchain explorer Solscan as being funded via a Bybit account—have not been distributed to any other parties. Instead, they were transferred around 3:30 p.m. ET to a different Solana address ending in “eh42.”
As a result of the incident, crypto exchanges have taken action. South Korean exchange Upbit and American exchange Kraken have both paused deposits and withdrawals of the BONK token, with the former citing “user protection measures following the circumstances of a security incident.”
BONK, once a top 100 crypto token by market cap, has fallen around 7% in the last 24 hours to trade around $0.0000043. That price is around 93% below its all-time high mark of $0.000058.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Aave’s presence on the Celo blockchain just got a lot more visible. Token Terminal announced on July 6 that it now tracks Aave’s on-chain data on Celo, and the first headline number is a big one: monthly active users on the network are up roughly 80% over the past month.
What the numbers actually tell us The 80% MAU increase represents Aave’s user adoption trajectory on Celo since the protocol’s V3 deployment there. Aave V3 went live on Celo on March 17, 2025, following community governance approval the year prior.
Token Terminal, which publishes standardized on-chain metrics across protocols, now provides analytics for Aave on Celo covering active addresses, revenue, and monthly active users.
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The supported asset list on Celo includes CELO, USDC, USDT, cUSD, and cEUR. Transaction costs on Celo sit below one cent, with near-instant finality.
The mobile-first thesis Celo’s entire identity revolves around mobile accessibility. The blockchain was architected from the ground up to work on smartphones, mapping wallet addresses to phone numbers and keeping computational requirements light enough for low-end devices.
Aave founder Stani Kulechov has specifically highlighted the potential for the Celo deployment to onboard new users and connect real-world assets to DeFi opportunities.
Celo already counts hundreds of thousands of daily active users across its ecosystem.
Why this matters for investors The Token Terminal integration provides standardized, publicly accessible data covering how Aave performs on Celo versus other chains, including active addresses, revenue, and monthly active users. That kind of transparency tends to attract institutional money.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.79 trillion at June 30, 2026, compared to $1.78 trillion at May 31, 2026. This month's increase in preliminary AUM reflected long-term net inflows of $9 billion, partially offset by the net impact of market, distributions, and other. Long-term flows at Western Asset Management1 were flat. For the quarter ended June 30, 2026, preli.
BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, will hold a conference call to discuss its second quarter 2026 financial results on Tuesday, August 4, 2026, at 1:30 p.m. PT / 4:30 p.m. ET. The company’s earnings press release and investor presentation will be available on its investor relations website at ir.upstart.com after the market closes that day.
Live webcast. The live webcast and a replay will be available on Upstart’s investor relations website.
Conference Call Dial-In. To access the live conference call in the United States and Canada: 800-330-6710, conference code 7744842. To access the live conference call outside of the United States and Canada: +1 312-471-1353, conference code 7744842.
About Upstart
Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart’s AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates while delivering the exceptional digital-first experience customers demand. More than 90% of loans are fully automated, with no human intervention by Upstart. Founded in 2012, Upstart’s platform includes personal loans, automotive loans, home equity lines of credit, and Upstart’s new Cash Line product, a revolving line of credit. Upstart is based in Burlingame, California.
SummaryTransDigm Group is upgraded to Strong Buy, reflecting substantial upside potential and a 39% price target increase to $1,860.41.TDG’s proprietary aerospace components drive high-margin recurring aftermarket revenue, supported by robust aviation demand and a growing installed fleet.Recent acquisitions have temporarily compressed margins, but EBITDA and free cash flow estimates have increased, with margins expected to recover as integrations mature.TDG trades at a discount to peers, with strong sales, EBITDA, and free cash flow growth projected, and maintains high leverage typical for its acquisition-driven model.Looking for a helping hand in the market? Members of The Aerospace Forum get exclusive ideas and guidance to navigate any climate. Learn More » aapsky/iStock via Getty Images
TransDigm Group (TDG) represents one of the strongest long-term compounders in the aerospace sector. Its investment case is built on a unique portfolio of proprietary aircraft components that generate high-margin recurring aftermarket revenue, supported by robust aviation demand and a growing
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In the latest close session, DraftKings (DKNG - Free Report) was up +1.24% at $26.21. This move outpaced 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%.
Shares of the company witnessed a gain of 3.85% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.31%, and the S&P 500's loss of 0.9%.
The upcoming earnings release of DraftKings will be of great interest to investors. In that report, analysts expect DraftKings to post earnings of $0.34 per share. This would mark a year-over-year decline of 10.53%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.57 billion, indicating a 3.85% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.15 per share and a revenue of $6.8 billion, indicating changes of +74.24% and +12.38%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for DraftKings. 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.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, 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. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, DraftKings boasts a Zacks Rank of #3 (Hold).
Looking at its valuation, DraftKings is holding a Forward P/E ratio of 22.46. This expresses a premium compared to the average Forward P/E of 18.41 of its industry.
The Gaming industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 177, placing it within the bottom 29% of over 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.
Wix.com (WIX - Free Report) ended the recent trading session at $50.21, demonstrating a +1.74% change from the preceding day's closing price. This move outpaced 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%.
Prior to today's trading, shares of the cloud-based web development company had lost 5.8% was narrower than the Computer and Technology sector's loss of 6.12% and lagged the S&P 500's loss of 0.9%.
Market participants will be closely following the financial results of Wix.com in its upcoming release. On that day, Wix.com is projected to report earnings of $1.19 per share, which would represent a year-over-year decline of 47.81%. In the meantime, our current consensus estimate forecasts the revenue to be $556.66 million, indicating a 13.62% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.57 per share and revenue of $2.26 billion. These totals would mark changes of -37.57% and +13.33%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Wixcom. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, 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 37.89% higher. Right now, Wix.com possesses a Zacks Rank of #3 (Hold).
Investors should also note Wix.com's current valuation metrics, including its Forward P/E ratio of 10.8. This valuation marks a discount compared to its industry average Forward P/E of 12.96.
Meanwhile, WIX's PEG ratio is currently 0.68. 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 Computers - IT Services was holding an average PEG ratio of 1 at yesterday's closing price.
The Computers - IT Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 103, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WIX in the coming trading sessions, be sure to utilize Zacks.com.
In the latest trading session, Workday (WDAY - Free Report) closed at $137.99, marking a +1.91% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.72% for the day. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.12%.
Shares of the maker of human resources software have depreciated by 6.15% over the course of the past month, underperforming the Computer and Technology sector's loss of 6.12%, and the S&P 500's loss of 0.9%.
Analysts and investors alike will be keeping a close eye on the performance of Workday in its upcoming earnings disclosure. In that report, analysts expect Workday to post earnings of $2.62 per share. This would mark year-over-year growth of 18.55%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.63 billion, up 12.18% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.75 per share and a revenue of $10.66 billion, signifying shifts of +16.47% and +11.58%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Workday. 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.
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, 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 moved 0.99% lower. At present, Workday boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Workday has a Forward P/E ratio of 12.6 right now. Its industry sports an average Forward P/E of 19.82, so one might conclude that Workday is trading at a discount comparatively.
Meanwhile, WDAY's PEG ratio is currently 0.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software was holding an average PEG ratio of 1.08 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 83, this industry ranks in the top 34% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow WDAY in the coming trading sessions, be sure to utilize Zacks.com.
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced that it has commenced an underwritten public offering of 75,000,000 shares of its common stock. In connection with the offering, Rivian expects to grant the underwriters a 30-day option to purchase up to an additional 11,250,000 shares of its common stock, at the public offering price, less underwriting discounts and commissions. All of the shares to be sold in the offering are to be sold by Rivian. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Rivian expects to use the net proceeds from the offering for general corporate purposes, including funding of certain equity contributions pursuant to that certain Amended and Restated Loan Arrangement and Reimbursement and Sponsor Support Agreement with the U.S. Department of Energy (the “DOE Loan”).
Goldman Sachs & Co., LLC, Allen & Company LLC, Barclays Capital Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the proposed offering.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3 that became automatically effective upon filing with the Securities and Exchange Commission (the “SEC”) on April 30, 2026. The offering may be made only by means of a prospectus supplement and an accompanying prospectus. The prospectus supplement and the accompanying prospectus relating to the offering will be filed with the SEC and will be available for free by visiting EDGAR on the SEC website at www.sec.gov. When available, copies of the prospectus supplement and the accompanying prospectus relating to the offering may also be obtained by contacting: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: (866) 471-2526 or via email: [email protected]; Allen & Company LLC, Attention: Prospectus Department, 711 Fifth Avenue, 9th floor, New York, New York 10022, by telephone at (212) 339-2220, or by email at [email protected]; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, [email protected], (888) 603-5847; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at [email protected] and [email protected]; Morgan Stanley, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; or by email at [email protected]; and Wells Fargo Securities, LLC, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751 (option #5) or email a request to [email protected].
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities, nor will there be any sale of these securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction.
About Rivian
Rivian (NASDAQ: RIVN) is an American automotive technology company that develops and manufactures category-defining electric vehicles as well as vertically integrated technologies and services. Through innovation across its electrical architecture, end-to-end software, autonomous driving platform, artificial intelligence, and propulsion, the company creates vehicles that excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are manufactured in the United States and are sold directly to consumer and commercial customers. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal — preserving the natural world for generations to come.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding statements regarding the offering and the expected use of proceeds therefrom, which statements are based on current expectations, forecasts, and assumptions and involve risks and uncertainties that could cause actual results to differ materially from expectations discussed in such statements, you can identify forward-looking statements by terms such as “will,” “expects,” or the negative of these terms or other similar expressions, although not all forward-looking statements use these words or expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, our ability to complete the offering on favorable terms, if at all, general market, political, economic and business conditions which might affect the offering and the important factors discussed in Part II, Item 1A, “Risk Factors” in Rivian’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and its other filings with the Securities and Exchange Commission. Rivian may not consummate the offering described in this press release and, if the offering is consummated, cannot provide any assurances regarding its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and Rivian does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law.
The logo of electric truck company Rivian is shown above a vehicle at the LA Auto show 'AutoMobility LA' in Los Angeles, California, U.S. November 20, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
CompaniesJuly 6 (Reuters) - Rivian's (RIVN.O), opens new tab shares slipped 8% in extended trading on Monday after it launched a 75-million-share public offering, even as the electric-vehicle maker forecast second-quarter revenue above analysts' estimates.
The offering will increase the number of shares outstanding, resulting in dilution for Rivian's existing shareholders. The company plans to use the proceeds for general corporate purposes, including funding equity contributions under its U.S. Department of Energy loan agreement.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
Meanwhile, Rivian's upbeat revenue forecast follows last week's stronger-than-expected delivery numbers that prompted the company to lift its full-year delivery projection.
Rivian expects revenue between $1.55 billion and $1.65 billion for the second quarter, driven primarily by higher vehicle deliveries, compared with analysts' estimates of $1.45 billion, according to data compiled by LSEG.
Reporting by Juby Babu in Mexico City; Editing by Jonathan Ananda
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Rivian Automotive stock is among the weakest performers. What’s behind RIVN decline? Rivian Commences Offering Of Common StockRivian announced an underwritten public offering of up to 75 million shares of common stock. The company also plans to grant the underwriters a 30-day window to buy up to an additional 11.25 million shares at the public offering price, which has not been disclosed.
All of the shares in the offering are being sold by Rivian. The company expects to use the net proceeds from the offering for general corporate purposes, including funding of certain equity contributions pursuant to an Amended and Restated Loan Arrangement and Reimbursement and Sponsor Support Agreement with the U.S. Department of Energy.
Rivian ended the first quarter with approximately $4.83 billion in cash, cash equivalents and short-term investments.
RIVN Shares Slip After The BellRIVN Price Action: Rivian shares were down 7.89% in after-hours Monday, trading at $18.55 at the time of publication, according to Benzinga Pro.
Image: Shutterstock.com
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Daily Burns Reach One-Month PeakShiba Inu's deflationary mechanism picked up pace heading into the first week of July, with data from burn-tracking platform Shibburn showing that more than 13.8 million $SHIB were permanently removed from circulation in the 24 hours ending July 5. According to @BSCNews, that figure marks the highest single-day burn total recorded in the past month.
The weekly burn rate also turned positive, with 39.17 million SHIB sent to dead wallets over the seven-day period. Over the past 30 days, a combined 112.16 million SHIB have been taken out of supply.
How the Burn Mechanism WorksShibburn tracks the destruction of SHIB tokens by scanning transaction records on the Ethereum blockchain, where the token operates as an ERC-20 asset. The burn address is a wallet that nobody owns or can access, meaning tokens sent there are permanently removed from circulation.
The burn rate measures how quickly SHIB is being removed from supply, though short-term spikes do not automatically create a lasting price increase. Shibarium, the project's Layer-2 network, has made burning more systematic by linking network activity and transaction fees directly to the burn process.
The scale of the task remains significant. SHIB's total supply still runs into the hundreds of trillions, meaning even large burn events barely dent the overall figure. Even so, burn activity can influence investor sentiment, with higher activity often creating a perception of growing scarcity.
The latest uptick in burns came as SHIB was trading up 1.66% in the 24 hours around the July 4 period, reaching approximately $0.0000044.
Shiba Inu continues to follow a well-defined downtrend pattern, with the latest price action reinforcing the broader bearish structure.
The Shiba Inu (SHIB) chart shows sellers maintaining control through a series of lower highs, while each recovery attempt has not been sustainable.
A long-term descending trendline early capped rallies for months, and the recent move fits the same pattern. After slipping below support, SHIB has repeatedly attempted to rebound, but its price has stalled around key resistance zones, raising the possibility of deeper corrections.
Shiba Inu Recovery Attempts Continue to Lose Momentum Shiba Inu trailed beneath a descending trendline between September 2025 and April 2026, consistently making lower highs and lower lows. After breaking out, it made a series of higher lows along an ascending trendline before breaking below it in May. This confirmed the bearish bias.
The SHIB/USDT 4H chart highlights a familiar sequence that repeated throughout the decline. A brief rebound has followed each sharp sell-off, only for earlier gains to be wiped out as the retested resistance attracts fresh selling pressure.
Shiba Inu confirmed this in the early June retest, where its price peaked near $0.00000558. What followed was a sharp decline to a new low of $0.00000430 five days later. Another fakeout happened with a brief rally to $0.00000520 on June 15. Bears regained control and dragged SHIB lower.
Shiba Inu Chart Analysis SHIB Downward Structure Intact Meanwhile, the latest market bounce has carried SHIB back toward the former support area near $0.0000046. The meme coin stalled near the resistance area, which aligned closely with the 100-period moving average. Notably, the loss of momentum there is critical as the dynamic resistance has repeatedly rejected earlier recoveries.
The latest rejection means the overall market structure has not changed. The sequence of lower highs and lower lows remains intact, while repeated failures near resistance indicate that buyers have yet to establish sustained control.
As long as SHIB remains below the 100 MA and the nearby resistance zone around $0.0000046, the broader bias continues to favor the downside. The downside target is a potential decline toward the next support region near $0.0000010, a 77% crash from the current price level.
However, a successful reclaim of the resistance could open the door to a stronger recovery. A decisive move above resistance, supported by sustained buying pressure, would weaken this outlook.
Could SHIB Accumulation Disrupt Bears? While price analysis shows a bearish outlook, on-chain data provides a glimmer of hope. Specifically, Shiba Inu whales are accumulating Shiba Inu through weakness, suggesting confidence in the asset’s price trajectory.
In the past 24 hours, the total exchange netflows have turned negative, highlighting that coins that flowed out surpassed those that entered. The metric increased by 1.43% to a negative 33.5 billion SHIB tokens, worth $146,207.
Shiba Inu Trending Metrics/CryptoQuant Notably, with the negative flow, total exchange reserve dropped slightly to 86.9 trillion. Fewer tokens of these platforms reduce selling pressure. It also means more of SHIB’s supply is in wallets more likely to hold longer. Whether this accumulation disrupts the bearish trend remains to be seen.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Few sectors in crypto have evolved as much as memecoins. What began with community-driven projects like Dogecoin eventually expanded into larger ecosystems such as Shiba Inu. Today, another shift is beginning as artificial intelligence enters the space, changing not only how meme coins are promoted but also how they are launched.
MemeToro ($MT) represents that newer generation. Instead of competing directly with Dogecoin or Shiba Inu as another community token, it focuses on building infrastructure that could influence how future meme projects are created. That difference makes the comparison less about popularity and more about how the sector itself is evolving.
Dogecoin and Shiba Inu Built the Foundation Dogecoin remains the original success story of the memecoin market.
Even after years of market cycles, DOGE continues trading around $0.08595, retaining one of the largest and most recognizable communities in crypto. Despite weaker speculative activity throughout 2026, the project still acts as the entry point for many investors exploring meme assets.
Shiba Inu expanded that formula.
Rather than relying only on community support, the project introduced additional ecosystem products, including Shibarium, while gradually broadening its ambitions beyond being a simple meme token.
Even so, both projects have experienced slower momentum this year.
SHIB has entered another prolonged consolidation period as liquidity shifts toward newer projects, while Dogecoin continues trading beneath several key moving averages as retail participation remains subdued.
Their influence on crypto remains undeniable, but the market they helped create has become increasingly competitive.
Fair Launches Are Becoming Part of the Conversation Launching a meme coin has traditionally depended on developers manually creating smart contracts, managing liquidity, and coordinating token distribution.
That process has also created opportunities for poor execution and, in some cases, malicious behavior.
As the crypto industry matures, investors have started paying greater attention to how projects launch rather than simply how they trade afterward.
Fair launch mechanisms are becoming increasingly important because they aim to reduce unnecessary advantages during token creation while making the process more transparent for participants.
This broader trend is encouraging projects to rethink the infrastructure behind meme coins instead of focusing only on branding.
MemeToro Uses AI to Automate the Launch Process MemeToro ($MT) approaches the problem from an entirely different angle.
Instead of introducing another standalone meme token with its own community narrative, the platform builds around an AI Agent designed to support automated fair-launch memecoin creation.
The system continuously analyzes online conversations, social sentiment, market narratives, and cultural trends before assisting users with creating new blockchain assets through a no-code process.
The emphasis is not simply on automation.
By reducing direct developer involvement during token launches, the platform aims to create a more standardized process that lowers several of the risks often associated with manually deployed meme projects.
Around that launch infrastructure, MemeToro ($MT) is also developing decentralized prediction markets, SocialFi participation, behavioral finance tools, and staking to support broader ecosystem activity.
The Meme Coin Market Is Becoming More Competitive The evolution of meme coins reflects wider changes happening across crypto.
Earlier market cycles rewarded projects primarily through community growth and viral attention. Today’s investors increasingly evaluate whether a project offers products that can continue attracting users after the initial excitement fades.
That shift has influenced both investors and developers.
Working applications, transparent tokenomics, secure fundraising structures, and ongoing ecosystem development now receive considerably more attention than they did during previous meme cycles.
As a result, newer projects are often judged by different standards than Dogecoin and Shiba Inu faced during their early years.
The Next Generation of Memecoins May Be Built Differently Dogecoin and Shiba Inu will likely remain two of the most recognizable names in the memecoin sector because they helped define what the category became. Their communities, history, and cultural impact are difficult for newer projects to replicate.
The next wave of meme projects, however, may be remembered for different reasons. Rather than competing only through branding, many are experimenting with artificial intelligence, automation, and broader blockchain utility. MemeToro fits into that emerging trend by focusing on how meme coins are launched instead of simply becoming another one.
Whether AI-generated fair launches become a lasting part of the industry will depend on adoption over the coming years, but they already represent one of the clearest examples of how the memecoin market continues to evolve beyond its original formula.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Williams-Sonoma (WSM - Free Report) ended the recent trading session at $223.83, demonstrating a -1.63% change from the preceding day's closing price. 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%.
Prior to today's trading, shares of the seller of cookware and home furnishings had gained 11% outpaced 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 Williams-Sonoma in its upcoming release. On that day, Williams-Sonoma is projected to report earnings of $2.03 per share, which would represent year-over-year growth of 1.5%. In the meantime, our current consensus estimate forecasts the revenue to be $1.91 billion, indicating a 4.16% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.39 per share and revenue of $8.15 billion, indicating changes of +6.22% and +4.4%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Williams-Sonoma. 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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 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. Over the past month, there's been a 0.61% rise in the Zacks Consensus EPS estimate. Right now, Williams-Sonoma possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Williams-Sonoma has a Forward P/E ratio of 24.23 right now. This valuation marks a premium compared to its industry average Forward P/E of 23.84.
We can also see that WSM currently has a PEG ratio of 2.49. 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 Retail - Home Furnishings industry held an average PEG ratio of 1.98.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 209, positioning it in the bottom 16% 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
KANSAS CITY, Mo.--(BUSINESS WIRE)--EPR Properties (NYSE: EPR) will release Q2 2026 financial results on July 29, 2026 & earnings call will be on Thurs., July 30, 2026 at 8:30 a.m. ET.
SAN FRANCISCO, July 06, 2026 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) and certain of its current and former executives (together, “co-defendants”) face a securities class action lawsuit, which seeks to represent investors who purchased or acquired Hub Group securities between April 28, 2023 and May 11, 2026.
The development follows the company’s surprise revelations that its financial reports going back to 2023 were “materially misstated and should no longer be relied upon” and corrective actions taken against two senior executives.
National shareholder rights firm Hagens Berman continues to investigate legal claims that Hub Group and its co-defendants violated the federal securities laws and urges investors who suffered significant losses to submit your losses now.
Class Period: Apr. 28, 2023 – May 11, 2026
Lead Plaintiff Deadline: Aug. 28, 2026
Visit: www.hbsslaw.com/investor-fraud/hubg
Contact the Firm Now: [email protected]
844-916-0895
Hub Group, Inc. (HUBG) Securities Class Action:
The lawsuit focuses on the propriety of Hub Group’s repeated assurances that its financial statements were prepared in conformity with applicable accounting rules.
Contrary to these assurances, the complaint alleges that throughout the Class Period the co-defendants made false and misleading statements concerning Hub Group’s premature and incorrect revenue recognition and understatement of purchased transportation costs and accounts payable.
Investors learned the truth through a series of Hub Group’s partial disclosures about its accounting and ramifications for certain of its executives.
First, on February 6, 2026, investors saw the price of their Hub Group shares crater $9.37 (-18%) after the company (while touting that “[a]ccuracy and transparency in reporting on our performance is of utmost importance[]”) revealed that during the first nine months of 2025 it had understated purchased transportation costs and accounts receivable by $77 million. Accordingly, the company said investors should not rely on its Q1 – Q3 2025 financial statements and it plans to restate them.
Second, on May 12, Hub Group shares tumbled again – this time, shares fell $5.24 (-12.5%) – on new disclosures much worse than on February 6. The company said its financial statements for the years ended December 31, 2023 and 2024 were materially misstated and that investors should no longer rely on those either. Hub Group explained only that it “identified certain transactions that were prematurely or incorrectly recognized or not adequately supported[]” and cautioned it was continuing to review “additional accounting issues that may potentially further impact” the 2023 and 2024 financial statements.
Between February 5, 2026 (the day before Hub Group’s first partial corrective disclosure) and May 12, 2026, shareholders have seen over $890 million of Hub Group’s market capitalization wiped out.
After the Class Period, on June 2, 2026, Hub Group announced that Chief Financial Officer Kevin Beth and Chief Operating Officer Brian Meents both left the company on May 27. The company said the executive departures were part of its corrective actions related to its financial statement review.
“Now that Hub Group has almost cleaned out its C-suite following accounting improprieties reaching all the way back to 2023, the core focus of our investigation is whether they were intentional or reckless with the goal of making financial metrics appear better than they actually were. We’re also looking to see whether additional problems will surface when the company’s review is completed,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Hub Group and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to other frequently asked questions about the Hub Group case and the firm’s investigation, read more »
Whistleblowers: Persons with non-public information regarding Hub Group should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
# # #
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Insulet To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Insulet between February 21, 2025 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Insulet Corporation ("Insulet" or the "Company") (NASDAQ: PODD) and reminds investors of the August 31, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
James (Josh) Wilson, Faruqi & Faruqi Senior Partner Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) Insulet's manufacturing controls and procedures were defective; (ii) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.
The truth began to emerge on March 12, 2026, when Insulet disclosed that it had "initiated a voluntary Medical Device Correction for specific lots of Omnipod® 5 Pods after identifying a manufacturing issue through its ongoing product monitoring."
On this news, Insulet's stock price fell $16.23 per share, or 6.88%, to close at $219.84 per share on March 13, 2026.
Then, on May 26, 2026, Insulet disclosed the "initat[ion]" of another "voluntary Medical Device Correction", this time "for specific lots of Omnipod® 5, Omnipod Dash®, and Omnipod® Insulin Management System (Omnipod Eros) Pods due to a manufacturing issue, identified through ongoing product monitoring, that could result in insulin under-delivery."
On this news, Insulet's stock price fell $7.79 per share, or 5.07%, to close at $146.01 per share on May 27, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Insulet's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Insulet class action, go to www.faruqilaw.com/PODD or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Insulet Securities Class Action Lawsuit:
What is the Insulet securities fraud lawsuit about?
Faruqi & Faruqi, LLP has filed a securities class action lawsuit against Insulet Corporation (NASDAQ: PODD) on behalf of investors who purchased Insulet securities during the Class Period. The lawsuit alleges that Insulet's manufacturing controls and procedures were defective, and that this deficiency allegedly created a foreseeable, heightened risk that one or more Insulet products would be found to violate applicable safety regulations or pose a risk of injury to patients. The complaint further alleges that, as a result, Insulet's public statements during the Class Period were materially false and misleading. The alleged truth began to emerge through two separate voluntary Medical Device Corrections disclosed by Insulet in March and May 2026, each involving manufacturing issues with specific lots of Omnipod® products, which were followed by significant declines in Insulet's stock price.
Who may be eligible to participate in the lawsuit?
Investors who purchased or otherwise acquired Insulet Corporation (NASDAQ: PODD) securities on the NASDAQ exchange between February 21, 2025 and May 26, 2026, inclusive, may be eligible to participate in this lawsuit. Eligibility to participate is not limited to those who seek appointment as lead plaintiff; any investor who purchased during the Class Period may be entitled to share in any recovery that may be obtained. Investors are encouraged to review their trading records to determine whether their purchases fall within the defined Class Period. Additional eligibility considerations may apply, and investors are advised to consult with counsel to evaluate their specific circumstances.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is a court-appointed representative party who acts on behalf of all class members in directing the litigation, including making key decisions regarding litigation strategy, selection of counsel, and settlement negotiations. Under the Private Securities Litigation Reform Act, any member of the proposed class may move the court for appointment as lead plaintiff, and the court will generally appoint the movant with the largest financial interest in the relief sought who otherwise satisfies applicable legal requirements. The deadline to file a motion seeking appointment as lead plaintiff in this action is August 31, 2026. Importantly, investors are not required to seek appointment as lead plaintiff in order to participate in the class or share in any recovery that may result from the litigation.
What should investors do if they purchased Insulet stock during the Class Period?
Investors who purchased Insulet Corporation (NASDAQ: PODD) securities between February 21, 2025 and May 26, 2026 are encouraged to review their brokerage and trading records to confirm whether their purchases fall within the Class Period. Investors should take steps to preserve all relevant documentation, including trade confirmations, account statements, and any communications related to their Insulet holdings. Given that the lead plaintiff motion deadline is August 31, 2026, investors who wish to be considered for appointment as lead plaintiff should act promptly to avoid missing that deadline. Investors interested in learning more about the lawsuit or their potential legal rights and options may contact Faruqi & Faruqi, LLP to discuss their circumstances prior to the deadline, though retaining counsel or seeking lead plaintiff status is not required to participate in any potential class recovery.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Insulet securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in UTHR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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Ameriprise Financial, Inc. (NYSE: AMP) announced today that 113 of the firm's financial advisors were named to AdvisorHub's fifth annual âAdvisors to Watchâ
, /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will attend the upcoming CJS Securities 26th Annual "New Ideas" Summer Conference to be held in White Plains, NY on July 9, 2026.
Patrick's management team will participate in a fireside chat and one-on-one meetings with institutional investors and analysts.
Please contact CJS for attendance information and additional details.
About Patrick Industries, Inc.
Patrick (NASDAQ: PATK) is a leading component solutions provider serving original equipment manufacturers and aftermarket customers in the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next-level recreation experiences. Our customer-focused approach brings together design, manufacturing, distribution, and transportation in a full solutions model that defines us as a trusted partner. Patrick is home to more than 85 leading brands, all united by a commitment to quality, customer service, and innovation. Headquartered in Elkhart, IN, Patrick employs approximately 10,000 skilled team members throughout the United States. For more information on Patrick, our brands, and products, please visit www.patrickind.com.
Forward-Looking Statements
This press release contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any projections of financial performance or statements concerning expectations as to future developments should not be construed in any manner as a guarantee that such results or developments will, in fact, occur. There can be no assurance that any forward-looking statement will be realized or that actual results will not be significantly different from that set forth in such forward-looking statement. Information about certain risks that could affect our business and cause actual results to differ from those expressed or implied in the forward-looking statements are contained in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and in the Company's Forms 10-Q for subsequent quarterly periods, which are filed with the Securities and Exchange Commission ("SEC") and are available on the SEC's website at www.sec.gov. Each forward-looking statement speaks only as of the date of this press release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date on which it is made.
Contact:
Steve O'Hara
Vice President of Investor Relations
[email protected]
574.294.7511
, /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2026 financial results on Tuesday, July 28, 2026, and will hold a conference call and webcast at 8:00 AM central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer, and Bob Mack, Chief Financial Officer.
The financial results will be posted on the company's website at ir.polaris.com. The company will issue an alert over a news wire when the earnings materials are publicly available, including a link to those documents.
Conference Call and Webcast Details
A slide presentation and webcast link will be posted on the Polaris Investor Relations website at ir.polaris.com. To listen to the conference call by phone, dial 1-877-883-0383 in the U.S., or 1-412-902-6506 Internationally using access code 0006420.
A replay of the webcast will be available by accessing the same webcast link on our website at ir.polaris.com or by phone dialing 1-855-669-9658 in the U.S., or 1-412-317-0088 Internationally using access code 2239806.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.
Crinetics Pharmaceuticals stock is soaring. What’s the outlook for CRNX shares? Vertex To Acquire CrineticsCrinetics and Vertex have entered into a definitive agreement under which Vertex will acquire Crinetics for $85 per share in cash, representing a total equity value of approximately $10 billion.
“Nearly 18 years ago, we founded Crinetics with a clear goal of transforming the lives of patients living with endocrine-related diseases. Today marks a historic milestone as we embark on this next chapter with Vertex,” said Scott Struthers, founder and CEO of Crinetics Pharmaceuticals.
“This partnership is anchored by a mutual commitment to science and a shared vision for delivering innovative treatments to patient communities that have long been underserved.”
The transaction has been unanimously approved by companies’ boards and is expected to close in the third quarter.
CRNX Shares SoarCRNX Price Action: Crinetics shares were up 101.36% in after-hours, trading at $84.69 at the time of publication on Monday, according to Benzinga Pro.
Image: Shutterstock.com
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Robinhood, Dell Lead 5 Stocks Near Buy Points With AI Tailwinds Crinetics stock nearly doubled late Monday after Vertex Pharmaceuticals pledged $10 billion to buy the endocrinology-focused biotech company. The smaller company sells Palsonify, a treatment for acromegaly, and is working on a treatment for congenital adrenal hyperplasia, or CAH, called atumelnant. Both drugs are daily pills and, together with the rest of Crinetics Pharmaceuticals' (CRNX) pipeline, would add an estimated…
The acquisition would add to Vertex's pipeline and potentially grow its annual revenue by $5 billion with the addition of Crinetics-developed drugs Palsonify and Atumelnant, the company said.
Bloom Energy shares are powering higher. Why are BE shares rallying? The latest push follows news that Brookfield increased its framework to finance Bloom-related power projects tied to AI infrastructure and data center power to $25 billion, up from the previously announced $5 billion.
Management framed the move as demand-driven, pointing to "urgent need for clean, reliable power" to support rapid AI growth.
Bloom is also benefiting from a market backdrop where AI beneficiaries are being bid broadly, with Tesla up 5.9% and Broadcom up 3.8% alongside the Nasdaq-100’s approximate 1.5% jump. The move mirrors mega-cap AI beta, which often leads Bloom Energy to catch incremental flows as investors look for "picks-and-shovels" exposure beyond semis.
Bloom Energy Stock: Key Technical Levels To WatchThe longer-term trend remains firmly bullish: the stock is trading 77% above its 200-day SMA ($165.95) and 33.2% above its 100-day SMA ($220.57), which is the kind of separation you typically only see in sustained momentum runs. It’s also 3.5% above the 20-day SMA ($283.79) and 4.7% above the 50-day SMA ($280.58), keeping the near-term structure pointed higher.
Momentum has cooled into a more "digesting gains" posture, with RSI at 51.75 — neutral rather than stretched — suggesting the stock isn’t technically overbought right now despite the big 12-month run (up 1,103.28%). For traders, that neutral RSI often means price can move either way quickly, so the next test tends to be whether buyers defend pullbacks toward the short moving averages.
Key Resistance: $323 — Nearby round-number/pivot area where upside attempts can stall before a retest of the $351.28, 52-week high zone Key Support: $249 — Prior demand area that sits well below current price and would matter if momentum breaks and the stock starts retracing the recent run What Does Bloom Energy Do?Bloom Energy designs, manufactures, sells and installs solid oxide fuel cell systems for on-site power generation. Its Bloom Energy Servers are fuel-flexible — able to run on natural gas, biogas, and hydrogen — to deliver 24/7 electricity for stationary applications in the U.S. and internationally.
Bloom Energy Earnings Preview for July 2026Looking further out, the next major catalyst for the stock arrives with the July 30 (estimated) earnings report.
EPS Estimate: 36 cents (Up from 10 cents year-over-year) Revenue Estimate: $804.17 million (Up from $401.24 million YoY) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $255.44 (high: $350; low: $110) across 32 analysts. Recent analyst moves include:
Jefferies: Hold (Raises target to $246 on July 6) UBS: Buy (Raises target to $350 on July 1) Roth Capital: Neutral (Raises target to $285 on July 1) How $1,000 Invested in Bloom Energy Grew Over 5 YearsA $1,000 investment in Bloom Energy on July 6, 2021, would have grown to $11,111 by July 6, 2026 — a 1,011.1% total return over the five-year period. The stake swung between $325 and more than $13,000, ending well below its 2026 peak.
The ride included a deep drawdown, with the position hitting its low on Feb. 23, 2024, when Bloom Energy shares were at $8.58. From there, the recovery accelerated into 2026, topping out on June 22, 2026, before finishing the period on July 6, 2026. Peak-to-trough, the maximum drawdown over the stretch was -75.9%.
On an annualized basis, Bloom Energy Corporation returned 61.9% over the period, far ahead of the S&P 500’s 11.6% annualized gain and the Nasdaq 100’s 15.0%. Among the listed peers, Oracle was the closest comparator, with a 12.1% annualized return.
Bloom Energy’s has a market capitalization stands at about $82.4 billion.
Bloom Energy Benzinga Edge Scorecard OverviewBelow is the Benzinga Edge scorecard for Bloom Energy, highlighting its strengths and weaknesses compared to the broader market:
The Verdict: Bloom Energy’s Benzinga Edge signal reveals a classic High-Flyer setup — very strong Momentum and Growth paired with extremely weak Value. For longer-term holders, the trend is your friend, but the valuation profile means pullbacks can be sharp if the AI-infrastructure narrative loses heat.
Bloom Energy Stock Price Movement on MondayBE Stock Price Activity: Bloom Energy shares closed Monday up 8.92% at $295.05 at the time of publication on Monday, according to Benzinga Pro data.
Image: Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy Corporation (NYSE: BE) today announced it will release its second quarter 2026 financial results on July 28, 2026, after market close. Bloom Energy's management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results. Q2 2026 Conference Call and Webcast Date: July 28, 2026 Time: 2 p.m. PT / 5 p.m. ET Duration: 60 minutes Live Dial in: 1.888.596.4144 (toll-free) | 1 .646.968.
THE WOODLANDS, Texas, July 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 496 homes in June 2026, including 29 currently or previously leased single-family rental homes. This represents an 8.5% increase compared to 457 homes closed in June 2025. Additionally, the Company closed 1,440 homes during the second quarter of 2026, including 75 currently or previously leased single-family rental homes. This represents an 8.8% increase compared to 1,323 homes closed in the second quarter of 2025.
As of June 30, 2026, the Company had 151 active selling communities.
The Company plans to release financial results for the second quarter ended June 30, 2026 before the market opens on Tuesday, August 4, 2026. The Company will hold a conference call at 12:30 p.m. Eastern Time on the same day to discuss the results.
A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section.
An archive of the webcast will be available for replay on the Company's website for one year from the date of the conference call.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586 [email protected]
Milestone marks the on-schedule delivery of Phase I and Helios's transition to revenue generating operations, with Phase II development continuing on schedule
, /PRNewswire/ - Galaxy Digital Inc. (Nasdaq: GLXY) (the "Company" or "Galaxy"), a global leader in digital assets and data center infrastructure, today announced that it has completed delivery of the first phase of power at its Helios data center campus ("Helios") in West Texas, delivering approximately 200 megawatts ("MW") of gross power — 133 MW of critical IT load — to CoreWeave under the Company's 15-year lease agreement. Phase I was delivered on schedule, with rent commencement under the Phase I lease beginning in the second quarter of 2026.
The completion marks Helios's transition from a large-scale construction project into a revenue-generating, AI-ready data center campus, and reflects Galaxy's ability to develop and deliver hyperscale AI infrastructure from concept through operations.
Greenfield development is underway on the 260 MW of critical IT Phase II build, with civil and structural work advancing and Phase II data hall deliveries expected to commence in the first half of 2027. Across Phases I through III, CoreWeave has committed to 526 MW of critical IT load — the full 800 MW of gross power currently approved and contracted at Helios — under 15-year leases that include two five-year extension options and are expected to generate more than $1 billion in average annual revenue.
"Completing Phase I on budget and on schedule affirms Galaxy's position as an operator capable of executing hyperscale AI data center development," said Mike Novogratz, Founder and CEO of Galaxy. "Helios is now generating revenue across its entire 133 MW of IT load, and greenfield work on Phase II is already underway. The demand for high-density, AI-ready power is not a cycle; it is a structural shift, and Galaxy is built to meet it."
Helios remains a cornerstone of Galaxy's long-term data center strategy. Spanning more than 2,200 acres, the campus's total approved power capacity has expanded to 1.63 gigawatts ("GW"), with the potential to scale to as much as 3.6 GW. As demand for high-density, high-performance computing accelerates, access to reliable, scalable power has become the defining constraint for AI infrastructure, and the additional capacity materially extends Galaxy's development runway, anchoring the Company's mission to build a multi-campus, multi-tenant, multi-gigawatt data center platform designed to power the next generation of AI and high-performance computing workloads.
About Galaxy
Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia. Additional information about Galaxy's businesses and products is available on www.galaxy.com.
CAUTION ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and "forward-looking information" under Canadian securities laws. Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. Statements that are not historical facts are forward-looking statements. In addition, any statements that refer to estimates, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us taking into account information currently available to us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including, but not limited to, the risks contained in filings we make with the Securities and Exchange Commission (the "SEC") from time to time, including in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC and available at www.sec.gov. Except as required by law, we assume no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements.
