Midas a Fasanara spustily mGLOBAL na Aave Horizon RWA Market, kde lze tokenizované soukromé úvěry použít jako zástavu pro půjčky ve stablecoinech. Projekt startuje s TVL 40 milionů USD.
The architectural boundaries dividing traditional institutional debt markets from decentralized liquidity networks have dissolved further. In a major advancement for the on-chain economy, the tokenized private credit product mGLOBAL has officially gone live on the newly activated Aave Horizon RWA Market. The strategic integration, which launched on June 24, enables institutional and Web3 investors to utilize a highly secure, asset-backed corporate strategy as live collateral. For the first time within this specialized framework, users can leverage these tokenized positions to borrow stablecoins and extract capital directly from Aave, the world’s largest decentralized lending protocol, which currently commands more than $24billion in net deposits.
Demystifying the mGLOBAL Tokenized Infrastructure Engineered and issued by digital asset innovator Midas, mGLOBAL operates as a fully compliant security token structurally linked to the financial performance of Fasanara Capital’s flagship receivables strategy. Moving away from the volatile, crypto-native backing that characterized early decentralized lending models, the underlying portfolio invests heavily in short-duration trade receivables, digital supply-chain invoices, and asset-based corporate finance exposures.
This underlying focus on real-world transactional commerce constructs an exceptionally diversified private credit grid designed to maintain steady yields across shifting macroeconomic cycles. The current operational parameters of the underlying credit portfolio highlight its massive scale:
Global Footprint: Asset exposure and risk distribution extending across more than 60 sovereign countries.
Diversified Origination: Upwards of 140 independent credit originators actively channeling high-quality debt instruments into the fund.
Granular Risk Mitigation: A massive baseline comprising more than 700,000 active open positions to minimize individual counterparty defaults.
Institutional Scaling and Capital Foundations Fasanara Capital, a technology-driven global asset manager, brings deep institutional validity to the on-chain ecosystem, currently managing over $6billion in assets on behalf of traditional pension funds, insurance firms, and family offices. The mGLOBAL vehicle debuts on Aave’s RWA platform with a robust $40million in Total Value Locked (TVL), anchored by a prominent seed allocation from specialized Web3 institutional investment platform InfiniFi.
The deployment underscores the aggressive growth trajectory maintained by Midas since its operational market entry. Established originally in 2024, the tokenization platform recently closed a major $50million Series A funding round to expand its real-world asset engineering pipeline. To date, Midas has orchestrated over $2billion in total digital asset issuance while successfully distributing more than $43million in yield payouts directly to its international client roster.
Real-World Assets Mature into Core Corporate Treasury Rails The implementation of mGLOBAL within Aave’s ecosystem marks a definitive maturity phase for the digital asset landscape. Historically, decentralized lending protocols operated as highly cyclical, speculative sandboxes heavily dependent on native token rewards. By systematically introducing asset-backed corporate invoices and short-term global trade debts into the protocol’s collateral tiers, the network is establishing a more resilient, low-volatility environment for corporate capital.
For sophisticated asset managers, the capability to lock institutional trade receivables into a protocol like Aave to instantly draw stablecoin liquidity represents a profound optimization of capital efficiency. It permits traditional yield-bearing assets to be leveraged natively onchain without forcing the premature liquidation of the underlying private credit positions. As traditional capital markets and distributed ledger technology continue to merge into a single, cohesive financial system, alliances between automated clearing networks like Aave and asset heavyweights like Midas and Fasanara are actively drawing the blueprint for the next generation of global corporate treasury management.
Emergent BioSolutions získala od americké vlády úpravu kontraktu za 52,7 milionu USD na dodávky vakcíny ACAM2000 proti pravým neštovicím a mpoxu. Dodávky mají začít tento měsíc.
GAITHERSBURG, Md., June 29, 2026 (GLOBE NEWSWIRE) -- Emergent BioSolutions (NYSE:EBS) today announced it has been awarded a contract modification valued at $52.7 million from the Administration for Strategic Preparedness and Response (ASPR) at the United States Department of Health and Human Services to supply ACAM2000® (Smallpox and Mpox (Vaccinia) Vaccine, Live) vaccine, ancillaries as well as diluent replacement lots for smallpox preparedness and response needs. Deliveries are expected to begin this month.
“This new contract modification for ACAM2000® underscores the U.S. government’s continued focus on biodefense preparedness and reflects Emergent’s longstanding role to collaborate and help protect civilians and warfighters against potential smallpox and mpox threats,” said Paul Williams, senior vice president, head of products business, global government & public affairs at Emergent. “In this increasingly dangerous world, we are proud to continue supporting the U.S. government as they continue to take critical, proactive steps on biodefense preparedness.”
This award follows Emergent’s recent announcements that the Saudi Food and Drug Authority has approved ACAM2000® for immunization against smallpox and mpox in high-risk individuals and that Singapore’s Health Sciences Authority has approved an expanded indication for ACAM2000® to include prevention of mpox disease in adults determined to be at high risk for mpox infection.
Experts consider smallpox to be a credible bioterror threat, with potential health, economic and national security implications due to its mortality rate.1 Emergent specializes in developing, manufacturing and delivering medical countermeasures to the U.S. government and allies around the world to support health preparedness and help protect the public from potential threats like smallpox, mpox, Ebola, anthrax and botulism.
This contract modification is under Emergent’s existing 10-year contract (75A50119C00071) with ASPR.
Indication and Select Important Safety Information for ACAM2000® (Smallpox and Mpox (Vaccinia) Vaccine, Live)
Indication
ACAM2000® is indicated for active immunization for the prevention of smallpox and mpox disease in individuals determined to be at high risk for smallpox or mpox infection.
Important Safety Information
Warning: Serious Complications
Myocarditis and pericarditis (suspect cases observed at a rate of 5.7 per 1000 primary vaccinees (95% CI: 1.9-13.3)), encephalitis, encephalomyelitis, encephalopathy, progressive vaccinia, generalized vaccinia, severe vaccinial skin infections, erythema multiforme major (including STEVENS-JOHNSON SYNDROME), eczema vaccinatum resulting in permanent sequelae or death, accidental eye infection (ocular vaccinia) which can cause ocular complications that may lead to blindness, and fetal death, have occurred following either primary vaccination or revaccination with ACAM2000® or other live vaccinia virus vaccines that were used historically.
Contraindications
Do not administer ACAM2000® to individuals with severe immunodeficiency. These individuals may include persons who are undergoing bone marrow transplantation or persons with primary or acquired immunodeficiency states who require isolation.
Warnings and Precautions
Serious complications that may follow either primary or revaccination with ACAM2000® include myocarditis and/or pericarditis, ischemic heart disease and non-ischemic dilated cardiomyopathy, encephalitis, encephalomyelitis, encephalopathy, progressive vaccinia (vaccinia necrosum), generalized vaccinia, severe vaccinial skin infections, erythema multiforme major (including Stevens-Johnson syndrome), eczema vaccinatum, fetal vaccinia, fetal death, and accidental eye infection (ocular vaccinia) that may lead to blindness. ACAM2000® is a live vaccinia virus that can be transmitted to persons who have close contact with the vaccinee and the risks in contacts are the same as those stated for vaccinees.
Adverse Reactions
Common adverse reactions include inoculation site signs and symptoms, lymphadenitis, and constitutional symptoms, such as malaise, fatigue, fever, myalgia, and headache.
To report Suspected Adverse Reactions, contact Emergent BioSolutions at 1-877-246-8472 (U.S.), 1-800-768-2304 (Canada), or [email protected]; or VAERS at 1-800-822-7967 or https://vaers.hhs.gov.
Please see the full Prescribing Information for ACAM2000® for complete Boxed Warning and safety information.
About Emergent BioSolutions
At Emergent, our mission is to protect and save lives. For over 25 years, we’ve been at work preparing those entrusted with protecting public health. We deliver protective and life-saving solutions for health threats like smallpox, mpox, botulism, Ebola, anthrax and opioid overdose emergencies. To learn more about how we help prepare communities around the world for today’s health challenges and tomorrow’s threats, visit our website and follow us on LinkedIn, X, Instagram, Apple Podcasts and Spotify.
Safe Harbor Statement
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including statements regarding the expected timing for delivery of the ACAM2000® vaccine, are forward-looking statements. We generally identify forward-looking statements by using words like “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “may,” “plan,” “position,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements. Forward-looking statements are based on our current intentions, beliefs, and expectations regarding future events based on information that is currently available. We cannot guarantee that any forward-looking statement will be accurate. Readers should realize that if underlying assumptions prove inaccurate or if known or unknown risks or uncertainties materialize, actual results could differ materially from our expectations. Readers are, therefore, cautioned not to place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update any forward-looking statement to reflect new information, events, or circumstances. Readers should consider this cautionary statement, as well as the risk factors identified in our periodic reports filed with the U.S. Securities and Exchange Commission, when evaluating our forward-looking statements.
Investor Contact:
Richard S. Lindahl
Executive Vice President, CFO [email protected]
Media Contact:
Assal Hellmer
Vice President, Communications [email protected]
Solana DEXy za týden 12.–18. června zobchodovaly spot za 7,19 miliardy USD a překonaly Coinbase i Kraken. V roce 2025 už Solana dosáhla 1,6 bilionu USD kumulativního objemu.
Solana’s decentralized exchange ecosystem just quietly did something that would have sounded absurd two years ago. It out-traded some of the biggest centralized exchanges on the planet.
During the week of June 12-18, Solana DEXs processed $7.19 billion in spot trading volume. That figure placed the network ahead of Coinbase, which handled roughly $6.39 billion, and Kraken, which came in around $4.37 billion. The only centralized venues that stayed ahead were Binance at $34.39 billion and Bybit at $9.47 billion.
The numbers behind the surge Solana’s cumulative DEX volume for 2025 hit $1.6 trillion, capturing roughly 11.92% of the global market. That makes it the second-largest DEX market worldwide, trailing only Binance’s broader ecosystem.
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On one Thursday in mid-June, Solana’s DEX volume reportedly surpassed that of the New York Stock Exchange.
The platforms driving this activity are familiar names in the Solana ecosystem. Jupiter, the dominant aggregator that routes trades across multiple liquidity sources, sits at the center. Raydium, Orca, and Meteora handle large chunks of the direct trading volume.
What’s fueling the fire Memecoins deserve a lot of the credit, or blame, depending on your perspective. Solana has become the default launchpad for speculative token trading. The network’s low fees and fast confirmation times make it ideal for the kind of rapid-fire trading that memecoins attract.
Stablecoin pairs have become a significant portion of Solana’s DEX activity. DePIN projects, which tokenize physical infrastructure networks, have also contributed meaningful trading volume.
Throughout 2025 and into 2026, Solana has competed closely with Ethereum in DEX volume metrics.
What this means for investors Coinbase and Kraken generate revenue primarily through trading fees. When volume migrates to decentralized venues, those revenue streams face direct pressure.
Investors watching this space should pay attention to a few key risks. Solana’s network has a history of outages, though reliability has improved significantly. Regulatory scrutiny of DEX platforms is intensifying globally. There’s also concentration risk: Jupiter handles a disproportionate share of routing, which means a single protocol failure could cascade across the ecosystem.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
DeFi Development Corp. ukončila vazby s DeFi Development Corporation UK PLC a ukončila své první partnerství svého Solana treasury acceleratoru. DFDV už nemá v britské firmě podíl ani finanční expozici.
DeFi Development Corp. has officially ended its relationship with DeFi Development Corporation UK PLC, pulling the UK entity out of its Solana treasury accelerator program. The separation, effective June 29, 2026, means DFDV holds no equity stake, operational involvement, or financial exposure to its former British counterpart.
The move marks the conclusion of the first implementation of DFDV’s Treasury Accelerator, a program designed to spawn public treasury vehicles dedicated to accumulating Solana. Markets seemed to like the clarity: DFDV shares climbed roughly 4.16% on the announcement day, closing at $2.84.
What happened and why it matters DFDV UK originally launched on August 29, 2025, positioning itself as the first Solana-focused public treasury vehicle in the United Kingdom. The entity emerged from DFDV’s approximately 45% equity stake acquired during the purchase of Cykel AI. In plain English: DFDV bought into an AI company, rebranded the UK arm as a Solana treasury play, and now that experiment is over.
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The UK entity will rebrand back to Cykel AI PLC and pivot its focus toward artificial intelligence. A revolving credit facility that previously existed between the two companies has been terminated as part of the split.
DFDV’s Solana treasury strategy remains intact The parent company isn’t wavering from its own playbook. DFDV, which trades on the Nasdaq under the ticker DFDV, remains squarely focused on accumulating SOL through staking, validator management, and its broader treasury operations. The company formerly operated as Janover Inc. before adopting its Solana-centric strategy in April 2025.
As of January 2026, DFDV reported holding approximately 2.22 million SOL. The company tracks a proprietary metric called SOL Per Share, or SPS, which stood at about 0.0743 at that time. Think of SPS as the crypto treasury equivalent of book value per share. It tells investors how much Solana exposure each share of stock represents.
The key difference between a Bitcoin treasury approach and a Solana one is that staking revenue. Bitcoin treasuries are essentially buy-and-hold operations. Solana treasuries can grow their position organically through network participation. For DFDV, this means the SOL pile theoretically grows even without additional capital raises, though the company has used various financing mechanisms to accelerate accumulation.
What this means for investors The separation from DFDV UK can be read as a strategic housecleaning. By severing ties with an entity that’s pivoting away from Solana entirely, DFDV removes a potential source of confusion for investors trying to understand what the company actually does.
The 4.16% share price bump on the news suggests the market agrees with this interpretation.
Investors watching this space should track three things going forward: whether DFDV launches new Treasury Accelerator partnerships to replace the UK vehicle, how the SOL Per Share metric evolves in upcoming quarterly reports, and whether the company’s validator operations generate meaningful yield relative to the cost of capital used to acquire those SOL holdings in the first place.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ansem, one of the most recognized voices in the Solana ecosystem, has airdropped roughly $7 million worth of the $ANSEM memecoin to Solana users. The distribution campaign, which unfolded between June 27 and June 29, represents one of the largest influencer-driven token giveaways in recent memory.
The goal is ambitious: grow the $ANSEM holder base from approximately 25,000 wallets to 1 million.
Inside the airdrop mechanics Ansem, who posts under the handle @blknoiz06, controls an estimated 604 million $ANSEM tokens. That’s somewhere between 60% and 66% of the total supply, worth anywhere from $30 million to $71 million depending on which price snapshot you use.
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The distribution methods varied across rounds. Some recipients received as little as $23 in tokens, while larger community-focused rounds engaged participants through social actions like following accounts or leaving comments.
Ansem has framed the initiative as a redistribution of Pump.fun creator fees rather than a traditional token launch. Those creator fees reportedly ranged from approximately $200,000 to $378,000 in a single week, providing a recurring revenue stream that funds ongoing distributions.
The numbers behind the frenzy The $ANSEM token, nicknamed “The Black Bull,” has seen its market cap climb above $66 million during late June 2026.
Early participants have done extraordinarily well. One trader reportedly turned an initial $2,330 investment into over $614,000, a 261x return.
Community building or concentration risk The $ANSEM token’s value proposition is, quite literally, one person’s reputation and willingness to keep distributing tokens. Ansem has indicated a commitment to further airdrops tied to the rising market cap, suggesting a structured plan rather than a one-off event.
Even after distributing $7 million worth of tokens, Ansem’s wallet still controls a dominant share of the supply. A 60%-plus ownership stake in any token means one entity has the theoretical ability to crash the price at any moment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Nebius Group spustila Nebius AI Cloud Aether 3.6 s asistentem Echo pro cloudové operace a novými bezpečnostními a governance funkcemi. Zlepšila také úložiště, včetně 30% vyšší čtecí propustnosti Object Storage s jednovláknovými klientskými připojeními a podpory clusterů až do 100 PB.
Key Takeaways Nebius Group launched AI Cloud Aether 3.6, introducing Echo for AI-powered cloud operations.NBIS added managed SkyPilot, customer-managed encryption keys and governance upgrades.Nebius Group boosted storage with higher bandwidth, IOPS gains and support for 100 PB clusters. As AI adoption accelerates, cloud providers need intelligent infrastructure, security, operational efficiency and developer-friendly experiences. Addressing these evolving needs, Nebius Group N.V. (NBIS - Free Report) has unveiled Nebius AI Cloud Aether 3.6, a wide range of enhancements focused on developer productivity, enterprise-grade security, governance and storage performance. The release also marks the debut of Nebius Echo, an AI-powered infrastructure assistant that represents NBIS’ vision for agentic cloud computing.
Echo can answer cloud-related questions and execute core infrastructure operations while incorporating built-in guardrails to prevent accidental or unsafe actions. Powered by open-source models running on Nebius Token Factory, the assistant is designed specifically for production cloud environments. This first preview supports core cloud services, while Nebius has outlined an ambitious roadmap that includes infrastructure debugging, multi-step infrastructure provisioning, infrastructure-as-Code deployments and smarter resource recommendations.
A notable enhancement is the Managed Service for SkyPilot, providing one-click integration without requiring teams to maintain their own control plane. This simplifies multi-cloud AI workload orchestration while reducing operational overhead. Also, it rolled out several enterprise-focused capabilities that strengthen data protection and governance. A new Key Management Service enables organizations to manage their own encryption keys using Customer-Managed Encryption Keys.
Additional storage enhancements include a 30% increase in read bandwidth for Object Storage with single-threaded client connections, three times more IOPS for 4 KB file operations, up to 100 times higher metadata IOPS for metadata-heavy workloads and shared filesystem validation supporting clusters up to 100 PB. AI Cloud 3.6 meets the growing demand for autonomous, production-ready AI infrastructure. As enterprises adopt agentic AI, Nebius is evolving beyond a cloud provider with AI-powered tools like Nebius Echo, while ongoing infrastructure investments and partnerships strengthen its competitive edge in the AI cloud market.
NBIS vs. AI Rivals: A Competitive ComparisonCoreWeave, Inc. (CRWV - Free Report) recently demonstrated the strength of its AI-native cloud platform in the MLPerf Training v6.0 benchmark, completing the training of the DeepSeek-V3 671B model in just 2.02 minutes using 8,192 NVIDIA GB300 NVL72 GPUs. It served as a powerful validation of the company's AI cloud platform, poised to accelerate customer adoption while strengthening its competitive position. It also became the first AI cloud provider to complete the bring-up and full system-level validation of NVDA Vera Rubin NVL72, a next-generation AI platform, positioning CRWV at the forefront of next-generation AI infrastructure and strengthening its competitive advantage in the rapidly expanding AI cloud market.
Microsoft (MSFT - Free Report) capitalizes on AI business momentum and Copilot adoption alongside Azure cloud infrastructure expansion. The Azure AI platform continues to benefit from demand across AI and non-AI services, with customer demand exceeding available capacity. It added another GW of capacity during the quarter and remains on track to double its overall data center footprint within two years. New data center investments were announced across four continents. In May, it signed new agreements with U.S. and U.K. government partners, the Center for AI Standards and Innovation and the AI Security Institute to advance AI testing and safety evaluation frameworks.
NBIS Price Performance, Valuation and EstimatesShares of Nebius have gained 187.1% year to date compared with the Internet–Software and Services industry’s growth of 14.9%.
Image Source: Zacks Investment Research
From a valuation standpoint, NBIS trades at a forward price-to-sales of 8.83X, higher than the industry’s 4.3X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NBIS’ earnings for 2026 has been revised upward over the past 60 day
Image Source: Zacks Investment Research
NBIS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Více než 550 000 BTC se přesunulo na vkladové adresy spojené s Binance a OKX, když Bitcoin znovu testoval oblast 60 000 USD. Podle CryptoQuant to může zvyšovat krátkodobý prodejní tlak, ale zatím nejde o potvrzený výprodej.
More than 550,000 BTC moved to deposit addresses linked to Binance and OKX as Bitcoin retested the $60,000 area, according to CryptoQuant analyst Darkfost. The transfers came during a weak period for Bitcoin, when traders have focused on whether the $59,000–$60,000 range can hold as support.
Summary
More than 550k BTC moved to Binance and OKX deposit addresses during Bitcoin’s $60k retest. CryptoQuant says the spike may show potential selling pressure, but not completed market sales yet. Recent exchange data shows BTC holdings rising while stablecoin balances decline across major trading platforms. “550 000 BTC flood Binance and OKX a level last seen during the 2023 Bear Market,” Darkfost wrote. The analyst said more than 220,000 BTC moved to Binance-linked deposit addresses, while more than 330,000 BTC moved to OKX-linked deposit addresses.
🗞️ 550 000 BTC flood Binance and OKX a level last seen during the 2023 Bear Market
BTC has been moving sideways since February, after testing the $60,000 level for the first time.
→ This sideways action makes investors even more sensitive to the smallest price moves,… pic.twitter.com/xUH9PKmrvF
— Darkfost (@Darkfost_Coc) June 29, 2026 The data does not mean that all coins were sold. Deposit addresses are often the first stop before funds move into an exchange’s main wallets. Users may send BTC there for selling, collateral, trading, custody changes or internal transfers. Still, large exchange-bound flows often draw attention because they can raise near-term sell-side pressure.
Bitcoin’s $60k level remains under pressure The move came as Bitcoin tested a key price area after several weeks of weaker trading. A recentBitcoin price analysis said BTC briefly fell below $59,000 as ETF outflows and long liquidations hit the market. The same report said short-term holders were sending coins to exchanges at a loss, raising questions about capitulation and seller exhaustion.
“BTC has been moving sideways since February, after testing the $60,000 level for the first time,” Darkfost wrote. He said that rangebound trading made investors more sensitive to small price moves near the edges of the range.
That context matters because Bitcoin traders often treat $60,000 as both a technical and psychological level. A clean recovery can ease pressure on leveraged positions. A break lower can invite more selling, especially when large deposit flows appear at the same time.
Binance and OKX flows raise caution Darkfost said the latest transfer activity was well above normal. He compared it with yearly averages of about 60,000 BTC for Binance-linked deposit addresses and about 95,000 BTC for OKX-linked deposit addresses. The latest totals were far higher than those figures.
“These inflows suggest that this new test of $60 000 sparked panic among many investors on Binance and OKX,” Darkfost wrote. The comment points to fear-driven transfers rather than proof of actual liquidation.
Recent exchange data also shows changing user balances across large platforms. A Binance proof-of-reserves report showed users added 25,838 BTC in May, lifting reported BTC holdings to about 630,000 BTC. The same snapshot showed USDT balances fell by about 460 million tokens.
Reserve data offers only a snapshot Proof-of-reserves and exchange-flow data can help traders track where coins move, but they do not show full intent. A transfer to a deposit address can lead to a sale, but it can also support derivatives trading, collateral moves or wallet management. That makes the size of the flow important, but not final evidence of market selling.
A recent proof-of-reserves explainer noted that exchange transparency tools show on-chain assets and, in stronger versions, customer liabilities. The guide also said such reports cannot fully confirm off-chain obligations, asset claims or long-term exchange health.
The latest CryptoQuant data adds another caution signal as Bitcoin trades near a watched support zone. If the coins later move into exchange wallets and sell orders rise, pressure could increase. If the transfers fade without heavy spot selling, the move may remain a stress signal rather than a confirmed selloff.
Bitmine nyní drží 5,7 milionu ETH, což představuje 4,7 % nabídky, a její kryptoměnové a hotovostní držby dosáhly 9,8 miliardy USD. Společnost byla také zařazena do indexu Russell 1000.
Bitmine owns 4.7% of the total ETH coin supply of 120.7 million
Bitmine is 94% of the way to the 'Alchemy of 5%' in just 11 months
Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026
Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP
Bitmine has 4,879,157 staked ETH, representing $7.7 billion at $1,569 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors
Bitmine owns $74 million of Eightco, now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI
Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $9.8 billion, including 5.70 million ETH tokens, total cash & marketable securities of $555 million, and other crypto holdings
Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH
, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $9.8 billion.
Bitmine Weekly Update
STAKING: BMNR now staking over 4.8 million ETH
ALCHEMY of 5%: BMNR ranked #240 by 5D avg daily $ volume
As of June 28, 2026 at 3:00pm ET, the Company's crypto holdings are comprised of 5,700,040 ETH at $1,569 per ETH, 206 Bitcoin (BTC), $180 million stake in Beast Industries, $74 million stake in Eightco Holdings ("moonshots") and total cash & marketable securities of $555 million. Bitmine's ETH holdings are 4.7% of the ETH supply (of 120.7 million ETH).
"The future roadmap for crypto remains positive as the dual drivers of Wall Street modernizing its legacy infrastructure on crypto rails and the future of agentic-AI payment systems on crypto rails remain intact. Bitmine remains focused on the longer-term horizon and continues to manage the company to be positively positioned for these exponential drivers," stated Thomas "Tom" Lee, Chairman of Bitmine.
"This past week was a challenging one for crypto investors as ETH fell by 8%, even as Ethereum witnessed notable positive developments such as the creation of Ethlabs, and even the Bank of England softened its stance around stablecoins. We are nearing quarter-end for June, and it is not surprising to see 'window dressing' leading to investors reducing their holdings in assets which have fallen in the past 3 months," stated Lee.
On June 26, Bitmine was added to the Russell 1000 Large-cap Index, in conjunction with the annual reconstitution of this index. The Investment Company Institute, or ICI, estimates that passive investment funds and ETFs typically represent 18-20% of the shares of a company.
"Being added to the Russell 1000 is expected to add hundreds and possibly thousands of additional institutional investors as equity owners of Bitmine," continued Lee.
On June 10, Bitmine closed its offering (the "offering") registered under the Securities Act of 1933, as amended, of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), at a public offering price of $80.00 per share.
The Company received net proceeds from the offering of approximately $273.8 million, after deducting the underwriting discounts and commissions and the Company's estimated offering expenses. The Series A Preferred Stock is trading on the NYSE under the symbol BMNP. The dividends for BMNP are scheduled to be paid weekly, subject to the terms of the applicable Certificate of Designations.
On June 11, 2026, Bitmine was named to the Fortune 100 Crypto List (link here). Fortune published this definitive ranking of the most influential companies in blockchain and draws on rigorous data analysis by Inca Digital and a survey of leading crypto experts, according Fortune Magazine.
On May 11, 2026, Bitmine released the latest Chairman's Message (link here) for May 2026.
"Over the past week, we acquired 27,084 ETH. We continue to maintain a steady pace of accumulation throughout 2026. We believe we are in the early stages of crypto spring. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," stated Lee.
Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.
As of June 28, 2026, Bitmine total staked ETH stands at 4,879,157 ($7.7 billion at $1,569 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $246 million on an annualized basis (using 2.75% 7-day BMNR yield)," stated Lee.
"Annualized staking revenues are now projected at $211 million. And this 4.9 million ETH is over 85% of the 5.7 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.75% (annualized)," continued Lee.
Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 847,363 BTC valued at $50 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $643 million (5-day average, as of June 26, 2026), ranking #240 in the US, behind Monster Beverages (rank #239) and ahead of Oklo (rank #241) among 5,704 US-listed stocks (statista.com and Fundstrat research).
Bitmine management believes the GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.
The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
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About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
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Forward Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as "expects," "projects," "projected," "intends," "believes," "anticipates," "estimates," and similar expressions. This document specifically contains forward-looking statements regarding: (i) the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the expectation that Bitmine will reach this goal sometime in 2026; (ii) the Company's beliefs and expectations regarding the cryptocurrency market, including the view that the future roadmap for crypto remains positive as the dual drivers of Wall Street modernizing its legacy infrastructure on crypto rails and the future of agentic-AI payment systems on crypto rails remain intact; (iii) the Company's belief that it is in the early stages of "crypto spring"; (iv) the expectation that being added to the Russell 1000 will add hundreds and possibly thousands of additional institutional investors as equity owners of Bitmine; (v) the Company's digital asset accumulation strategy and staking operations, including projected annualized ETH staking rewards of approximately $246 million (when Bitmine's ETH is fully staked by MAVAN and its staking partners) and current projected annualized staking revenues of approximately $211 million; (vi) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (vii) management's belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD gold standard; and (viii) continued growth and advancement of the Company's Ethereum treasury strategy. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company's staking operations; risks related to AI systems and their impact on cryptocurrency markets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
SailPoint dokončil akvizici Entro Security a zpřístupnil její řešení pro zabezpečení nelidských identit a přihlašovacích údajů zákazníkům. Finanční podmínky transakce nezveřejnil.
While others race to add session visibility or runtime threat detection, SailPoint is the first to bring deep machine discovery and autonomous AI agents directly under enterprise-grade governance and lifecycle management June 29, 2026 09:00 ET | Source: SailPoint Technologies, Inc.
AUSTIN, Texas, June 29, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced it has completed its acquisition of Tel Aviv-based Entro Security, a pioneer in non-human identity (NHI) and credentials security. Entro's NHI and credentials security solutions are available now to SailPoint customers as standalone offerings, providing immediate, deep protection across cloud and hybrid environments as native platform integration continues.
As organizations rapidly adopt AI agents, machine identities, and automated workflows, the volume of NHIs has eclipsed human identities, creating a significant new attack surface. SailPoint with Entro stands alone in its approach, offering key architectural and operational advantages that set it apart from other recent industry moves. Together, Entro’s specialized controls with SailPoint Agentic Fabric, will provide a holistic identity security solution that bridges broad human accountability with the deep, granular security required for machine and agentic identities.
Mark McClain, CEO and Founder of SailPoint commented:
"Organizations are desperate for a way to manage the risk of the autonomous AI workforce. By officially bringing Entro into the SailPoint platform today, we are closing the AI governance gap. We aren’t just giving organizations another telemetry dashboard; we are delivering a real-time, unified control plane to govern, secure, and manage the lifecycle of every single identity—human, machine, or AI agent—across their global digital footprint."
Entro’s co-founders Itzik Alvas and Adam Cheriki join SailPoint's technology organization to continue developing the next-generation capabilities of identity security and to ensure continuous leadership and innovation as Entro's technology is natively integrated into the SailPoint Platform.
Itzik Alvas, Co-Founder and CEO of Entro said:
“Entro’s capabilities together with SailPoint Agentic Fabric is a game-changer that immediately solves a massive operational pain point for security teams. Starting today, Entro's solutions are available for SailPoint customers to instantly shine a light on their unmanaged machine credentials and AI agents. We are giving organizations what they have desperately needed: a single, comprehensive command center that actively governs human, machine, and agentic identities together, stopping credential abuse and posture drift in their tracks."
This completed transaction complements the recent launch of the SailPoint Agentic Fabric, its innovative solution for discovering, governing, and securing autonomous AI agents and machine identities.
Unmatched breadth of ownership and depth of secrets: SailPoint Agentic Fabric excels at managing the overarching human accountability, succession, and broad governance of non-human identities across standard business applications. Entro complements this by operating deeply within developer environments, automatically discovering and securing over 1,200 types of granular secrets, tokens, and certificates buried inside CI/CD pipelines, codebases, and container registries. By securing these secrets, organizations can expand their agent discovery, allowing them to govern AI agents based on the specific downstream resources and tools those agents are actively using.Holistic account context meets NHI-focused lineage: The combined solution brings together two powerful mapping capabilities. While SailPoint Agentic Fabric builds a unified identity graph that connects the dots between human users, entitlements, machines, and agents, Entro introduces a highly specific lineage map indexed directly on secret and credential usage. This combination allows security teams to trace exactly which application, script, or agent is actively utilizing a specific secret at any given moment.From governance workflows to active runtime defense: SailPoint Agentic Fabric
delivers its powerful, workflow-driven compliance engines (such as certifications, separation of duties, and lifecycle management), while Entro introduces proactive, technical runtime security. By also leveraging their innovative NHIDR technology, Entro actively monitors token behavior to detect anomalies, intercepts malicious AI tool calls, and safeguards against prompt security threats in real-time. The inclusion of embedded Small Language Models (SLMs) intelligently recommends real-time threat remediations. Learn more about how SailPoint Agentic Fabric and its Entro NHI discovery and credentials solutions are defining the future of identity security for the agentic era. Come see demos of these solutions live at Black Hat, Booth 5639, and Ai4, Booth 410. Email [email protected] to schedule a meeting.
Financial terms of this transaction were not disclosed.
About SailPoint
SailPoint (Nasdaq: SAIL) is defining the new era of adaptive identity security. In a world where non-human identities now significantly outnumber humans, our AI-powered platform unifies identity, security, and data intelligence to protect today’s enterprise from advanced identity-based threats. We deliver the identity solution that spans both the breadth of identities and the depth of context needed to drive real-time access with confidence. Built on principles like zero-standing privilege and contextualized risk, our SailPoint platform transforms identity from a point of vulnerability into a powerful security advantage. Trusted by many of the world's leading organizations, SailPoint secures the enterprise with intelligent, autonomous identity security.
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to SailPoint’s expectations regarding its acquisition of Entro. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “expects,” “plans,” “anticipates,” “could,” “would,” “plan to,” “intend to,” “believe,” or “goal” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. The development, release, and timing of any features or functionality described for SailPoint’s products that are not currently available remain at SailPoint’s sole discretion on a when, and if available, basis, may not be delivered at all and should not be relied on in making a purchasing decision, and could be materially different from our expectations because of various risks.
Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: our ability to deepen our relationships with existing customers; the growth in the market for identity security solutions; our ability to maintain successful relationships with each of our partners; our ability to compete successfully against current and future competitors; the increasing complexity of our operations; our ability to maintain and enhance our brand or reputation as an industry leader and innovator; unfavorable conditions in our industry or the global economy; our ability to successfully introduce, use, and integrate artificial intelligence (AI) with our solutions; breaches in our security, cyber attacks, or other cyber risks; interruptions, outages, or other disruptions affecting the delivery of our SaaS solution or any of the third-party cloud-based systems that we use in our operations; our ability to adapt and respond to rapidly changing technology, industry standards, regulations, or customer needs, requirements, or preferences; real or perceived errors, failures, or disruptions in our platform or solutions; and the ability of our platform and solutions to effectively interoperate with our customers’ existing or future IT infrastructures.
More information on these risks and other potential factors that could affect our financial results is included in our reports and other documents filed with the Securities and Exchange Commission including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in our most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.
Media relations for SailPoint
Shannon Paulk
Sr. Manager, Corporate Communications
303-748-2275 [email protected]
JPMorgan jmenoval Douga Petna a Troye Rohrbaugha spoluprezidenty; Petno povede CIB a Rohrbaugh CCB po odchodu Marianne Lake. Banka zároveň plánuje zvýšit dividendu a schválila zpětný odkup akcií v objemu 50 mld. USD.
Key Takeaways JPMorgan named Doug Petno and Troy Rohrbaugh co-presidents in its latest leadership reshuffle.Petno will lead CIB, while Rohrbaugh will oversee CCB after Marianne Lake's planned retirement.JPMorgan plans to raise its dividend and has authorized a $50B buyback amid succession planning. JPMorgan’s (JPM - Free Report) latest leadership reshuffle will likely shape the bank’s next phase of growth. The company has promoted Doug Petno and Troy Rohrbaugh as co-presidents, giving both executives direct oversight of its two largest businesses. Petno will become the sole CEO of the Commercial & Investment Bank (CIB). At the same time, Rohrbaugh will take charge of Consumer & Community Banking (CCB), replacing Marianne Lake, who is retiring after more than 25 years with the firm.
The appointments signal JPM’s intent to maintain stability while preparing for a future beyond long-serving CEO Jamie Dimon. By placing Petno and Rohrbaugh in charge of major business lines, the board is giving both leaders a broader platform to prove their ability to manage at scale, drive profitability and guide strategy amid complex market conditions. In 2025, CIB and CCB segments contributed 42.2% and 40.9% of total net revenues, respectively.
For investors, the changes suggest continuity rather than a shift in direction. JPMorgan remains focused on disciplined growth, strong client relationships and enhanced shareholder returns. The leadership move comes as the bank continues to benefit from its dominant market position, broad revenue base and strong capital profile. In sync with this, last week, the bank announced plans to raise its quarterly dividend and authorized a $50 billion share repurchase program.
The latest reshuffle also narrows the succession discussion, although the final CEO transition timeline remains uncertain. Petno’s experience in commercial and investment banking and Rohrbaugh’s new exposure to consumer banking could strengthen JPMorgan’s leadership bench over time.
A stable leadership bench could help sustain investor confidence as Jamie Dimon remains CEO for now. Dimon, the longest-tenured CEO among major U.S. banks, has led the firm for nearly two decades and has no immediate plans to step down. Though the transition timeline remains uncertain, the next few years will be critical in proving who can lead JPMorgan beyond the Dimon era.
Succession Planning of JPMorgan’s Close PeersAmong JPM’s closest peers are Bank of America (BAC - Free Report) and Citigroup (C - Free Report) .
Like JPM, Bank of America announced major leadership changes in September 2025. Bank of America’s leadership reshuffle underscores deliberate succession planning, with Dean Athanasia and Jim DeMare named co-presidents while Alastair Borthwick remains CFO. The move aims to ensure continuity under long-time CEO Brian Moynihan, reduce transition risk and strengthen execution across the bank’s business lines.
Citigroup has undertaken leadership changes tied to succession and business simplification, but it has not announced a major CEO succession reshuffle like JPMorgan or Bank of America. The key move is the CFO transition from Mark Mason to Gonzalo Luchetti. This, along with structural changes in U.S. Personal Banking, aimed at supporting Jane Fraser’s transformation strategy and improving execution at Citigroup.
JPMorgan’s Price Performance, Valuation and EstimatesJPM’s shares have gained 16% over the past three months.
Image Source: Zacks Investment Research
From a valuation standpoint, JPMorgan trades at a 12-month trailing price-to-tangible book (P/TB) of 3.20X, slightly below the industry average.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for JPMorgan's 2026 earnings indicates a 10.3% year-over-year rise, while 2027 earnings are expected to grow at a rate of 6.5%. Over the past month, earnings estimates for 2026 and 2027 have moved higher to $22.43 and $23.89, respectively.
Image Source: Zacks Investment Research
JPMorgan currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Beauty zůstává pro Target jedním z nejsilnějších růstových motorů: výnosy v 1. čtvrtletí vzrostly o 9,6 % na 3,398 miliardy USD. Letos se Target Beauty Studio rozšíří do více než 600 obchodů.
Key Takeaways Target's beauty sales rose 9.6% in Q1, extending the category's growth streak to 10 years.Target Beauty Studio will roll out to 600-plus stores, creating a more immersive shopping experience.Inventory gains, fresh assortments and new staffing models are helping Target deepen guest engagement. Beauty remains one of Target Corporation’s (TGT - Free Report) most dependable growth categories, fueled by fresh merchandise innovation and an elevated shopping experience. During the first quarter of fiscal 2026, net sales for the category climbed 9.6% year over year to $3,398 million. Management described beauty as one of the key pillars for Target, with the category delivering growth for 10 consecutive years.
The category has benefited from Target's emphasis on trend-right assortments, value-driven pricing and strong brand partnerships, reinforcing its position as a destination for beauty shoppers rather than simply another department within the store.
Target is preparing a broader transformation with the rollout of Target Beauty Studio across more than 600 stores later this year. The concept is designed to create a more immersive, discovery-focused environment while showcasing trending products and strengthening service levels. Management noted that beauty requires a premium shopping experience alongside premium brands, making store presentation and guest interaction as important as merchandise selection.
Operational improvements are also supporting the category. Target is testing new staffing and operating models intended to free up more time for team members to assist shoppers during peak periods. At the same time, better inventory availability in frequently purchased categories, such as beauty, is helping reduce friction for guests. Combined with continued assortment refreshes and investments in the in-store experience, beauty remains central to Target's merchandising strategy as the company works to deepen guest engagement and reinforce its position within the category.
What the Latest Metrics Say About TargetTarget, which competes with Dollar General Corporation (DG - Free Report) and Costco Wholesale Corporation (COST - Free Report) , has seen its shares jump 18.1% over the past three months against the industry’s 0.2% decline. While shares of Dollar General have risen 1.4%, Costco has fallen 4.5% in the aforementioned period.
Image Source: Zacks Investment Research
From a valuation standpoint, Target's forward 12-month price-to-earnings ratio stands at 16.38, lower than the industry’s ratio of 30.91. However, TGT is trading above its 12-month median level of 13.46.
Target is trading at a discount to Costco (with a forward 12-month P/E ratio of 43.11) but at a premium to Dollar General (15.71).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Target’s current financial-year sales and earnings per share implies year-over-year growth of 3.9% and 10.3%, respectively. For the next fiscal year, the consensus estimate indicates a 2.9% rise in sales and 6.4% growth in earnings.
The consensus estimate for earnings per share for the current and next fiscal year has increased by 2 cents and 3 cents to $8.35 and $8.89, respectively, over the past 30 days.
Image Source: Zacks Investment Research
Target currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
BNP ponechává Royal Caribbean na Outperform, protože případné zpoždění projektu Perfect Day Mexico považuje za zvládnutelné. U Norwegian vidí delší cestu k obratu kvůli provozním a cenovým problémům.
Following meetings with investor relations teams at both companies, BNP reiterated its Outperform rating on Royal Caribbean while maintaining a Neutral rating on Norwegian, arguing that Royal’s biggest overhang—a likely delay to its Perfect Day Mexico project—is manageable, while Norwegian continues to grapple with operational and pricing issues that could take much longer to resolve.
Royal Caribbean’s Mexico Project May Be DelayedThe biggest uncertainty surrounding Royal Caribbean remains Perfect Day Mexico after Mexican authorities declined to approve the project in its current form.
Even if Perfect Day Mexico slips, Royal will still have Royal Beach Club Cozumel opening in early 2028 and, if necessary, could eventually explore alternative destinations such as Belize or Honduras.
Norwegian’s Turnaround Still Has Hurdles To ClearSiew sees a more complicated road ahead for Norwegian. While management has acknowledged that improving yields will take time, the brokerage believes new issues continue to emerge, making a meaningful recovery before 2027 increasingly difficult.
Among the concerns Siew highlighted are pricing decisions that may have prioritized filling ships over maximizing yields, continued leadership changes, including the search for a chief marketing officer, “open jaw” European itineraries, and questions surrounding booking management.
The firm believes those execution issues could weigh on performance into next year, even as Norwegian’s Great Tides water park at Great Stirrup Cay is now expected to open on schedule in September.
Siew noted the attraction could boost both admission revenue and cruise ticket pricing over time, but argued it is unlikely to offset the broader operational challenges facing the company.
For investors choosing between the two cruise stocks, BNP’s takeaway was clear: Royal Caribbean appears to be managing through a temporary project delay, while Norwegian is still working toward a broader business turnaround that may not fully materialize until the second half of 2027.
Photo Courtesy: lia_mistral on Shutterstock.com
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Qualcomm se rychle přeorientovává na AI, koupila Modular za zhruba 4 miliardy USD a Meta s ní uzavřela víceletou dohodu o využití čipů v datacentrech. Firma čeká do fiskálního roku 2029 přes 15 miliard USD výnosů z AI infrastruktury.
Many technology companies were off to the races when the AI boom first started, but Qualcomm (QCOM 2.39%) initially seemed slow to adapt.
Not anymore. The company has shifted its strategy toward artificial intelligence processors, applying its existing knowledge of edge computing to AI. It recently made a nearly $4 billion acquisition of an AI company to expand its reach for data center tech. No wonder its shares are up 66% over the past three months.
Better yet, Qualcomm's shares are still a great deal compared to the broader tech sector. Here's why it might be worth buying this AI stock right now.
Image source: Getty Images.
Qualcomm's big shift to AI Qualcomm has been busy expanding its AI footprint, and a few notable shifts make the company's AI angle intriguing.
Most recently, Qualcomm acquired the AI company Modular in an all-stock deal valued at about $4 billion. Modular makes software that can run any AI model across many different hardware platforms. It also has an AI coding language.
The purchase means Qualcomm expands its ability to benefit from growth in the AI data center infrastructure market through software. Adding the new programming language could help it compete with Nvidia (NVDA 0.86%) and its CUDA language.
Nvidia is a formidable opponent, of course, but Qualcomm is taking aim at the AI inference market, where Nvidia is vulnerable. Nvidia's graphics processing units (GPUs) have dominated the data center market for years, but tech companies are realizing that custom processors (which Qualcomm sells) can be better for AI inference and general tasks.
To help capture this market, Qualcomm just debuted its new Dragonfly C1000 CPU at its recent investor day, launching a powerful enterprise data center chip. The company is already inking deals with hyperscalers, with Meta announcing it has entered a multi-year agreement to use Qualcomm's processors in its data centers.
What's more, Qualcomm's management estimated that by fiscal 2029, the company will have more than $15 billion in AI infrastructure revenue. That's up from essentially nothing right now.
Finally, Qualcomm has been selling processors for everything from smartphones to cars for years. These chips are part of what's called edge computing, in which most processing is done on the device rather than in the cloud.
AI edge computing is likely to continue to expand as demand for advanced hardware increases. Consider that Apple, one of the world's largest hardware companies, touts on-device processing for its next-generation Siri AI software.
When considering its AI data center opportunities alongside its edge computing processors and other markets, Qualcomm's management recently said the company will have a $1.7 trillion total addressable market by 2030.
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It could be a smart move to own some Qualcomm stock There's no guarantee that all of Qualcomm's AI ambitions will pan out, of course. However, the company's stock is so inexpensive right now that it might be worth starting a new position in case things heat up for Qualcomm.
Its shares have a price-to-earnings ratio of just 21 right now, far below the tech sector average of 44. For a technology leader that's making smart moves into AI, that's quite a bargain.
Investors will need to keep a close eye on how well the company executes on its new chip deal with Meta and how much sales and earnings it actually brings in. They'll also want to keep watch to see how well Qualcomm uses its new Modular purchase to improve its expanding AI offerings.
Some of these things will take a little time to shake out, so investors should be patient as they wait to see how well Qualcomm executes on its plans. At such a low price, buying Qualcomm stock right now could allow investors to benefit from the company's big AI push.
Qualcomm po dni pro investory zvýšil cíl tržeb mimo telefony pro rok 2029 na 40 miliard USD a cíl pro AI datacentra na 15 miliard USD. To vyvolalo předobchodní růst o 12 %.
Our Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) price prediction sits well above where the sell side has landed, and that gap is the entire story. Wall Street’s consensus target of $186.50 implies downside from today’s quote.
Our model sees the opposite. The 24/7 Wall St. price target for Qualcomm is $257.53, pointing to roughly 25.69% upside over the next 12 months, with a 90% confidence read. The recommendation is buy.
24/7 Wall St. Price Target Summary Metric Value Current Price $204.90 24/7 Wall St. Price Target $257.53 Upside 25.69% Recommendation BUY Confidence Level 90% A Sharp Pullback After an Even Sharper Rally Qualcomm has had a wild quarter. The stock is up 21.03% year to date and 34.18% over the past year, but shares have given back 17.34% over the last month after touching $258.96 in May. The recovery off the March low near $129.39 followed a blowout Q1 FY26 earnings report and a Q2 report that delivered $2.65 non-GAAP EPS on $10.6 billion in revenue, a 3.67% EPS beat and the fourth consecutive quarter topping consensus.
The June 24 Investor Day was the catalyst behind this week’s bullish chatter. Management doubled the 2029 non-handset revenue target to $40 billion and laid out a $15 billion AI data center sales target, which triggered a +12% pre-market reaction. Retail sentiment on r/wallstreetbets jumped to 76 on the news.
The Case for $267 and Higher The bull thesis rests on diversification finally cracking the “Qualcomm is just a handset story” narrative. Q2 FY26 automotive revenue hit a record $1.33 billion, up 38% YoY, while IoT grew 9%. CEO Cristiano Amon flagged that a “leading hyperscaler custom silicon engagement is on track for initial shipments later this calendar year,” validating the data center entry.
Add the Alphawave Semi acquisition, the Snapdragon AI-at-the-edge roadmap, a fresh $20 billion buyback authorization, and our bull case targets $267.77, a 30.69% total return.
The Risks Worth Watching Q3 FY26 guidance of $9.2 billion to $10 billion in revenue and non-GAAP EPS of $2.10 to $2.30 implies another sequential decline. Handsets fell 13% YoY on memory supply constraints and China softness. Apple’s eventual modem in-sourcing, customer vertical integration, and US-China trade friction are real overhangs, and insider activity skews to net selling.
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That said, management expects Chinese handset revenue to bottom in Q3 and recover sequentially. Bears would also note operating income dropped 26% YoY, though heavy data center R&D is a big reason why. Our bear case lands at $208.91.
Qualcomm Price Prediction 2026-2030 The 24/7 Wall St. price target of $257.53 reflects high confidence that the data center optionality is mispriced at a forward P/E of 18x. I’d be a buyer here if the hyperscaler shipments land on schedule in late 2026 and China handsets stabilize as guided.
I’d stay on the sidelines if Q3 guidance is cut again or if the Apple modem transition accelerates. The setup favors the bulls.
Looking further ahead, here is where our model projects QCOM could trade, assuming the data center ramp and FY29 revenue goals stay on track.
Year 24/7 Wall St. Price Target 2026 $257 2027 $295 2028 $335 2029 $370 2030 $400 These projections assume Qualcomm executes on its $40 billion non-handset 2029 target. Significant downside could result from Apple’s modem transition or a hyperscaler engagement slipping into 2027.
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IBM má podle článku bezpečnou dividendu: volný peněžní tok pokryl výplatu z 54 % a firma zvyšuje dividendu už 31 let. Management navíc čeká v roce 2026 růst tržeb i volného peněžního toku.
IBM (NYSE:IBM | IBM Price Prediction) has quietly become a cash-generating utility for corporate AI orchestration, sitting on a $255.3 billion market cap with a $12.5 billion generative AI book of business. For income investors who dismiss enterprise tech as too volatile for a retirement portfolio, the question is simple. Is the dividend safe?
Dividend Snapshot Metric Value Annual Dividend $6.76 per share Dividend Yield 2.49% Consecutive Years of Increases 31 years Most Recent Increase $1.68 to $1.69 (April 2026) Dividend Aristocrat Yes (not yet a King) Payout Ratios Leave Real Room to Breathe In 2025, IBM paid $6.255 billion in common dividends against $11.575 billion of free cash flow. That is a comfortable FCF payout ratio of 54%. Earnings per share came in at $11.59 against roughly $6.72 in dividends, so about 58% of profits funded the payout.
Metric TTM Value Assessment Earnings Payout Ratio 58% Healthy FCF Payout Ratio 54% Healthy Operating Cash Flow Coverage 2.1x Strong FCF coverage has held between 1.44x and 1.91x for five straight years. That is the kind of consistency a retiree wants.
Debt Is the One Wrinkle Worth Watching Metric Value Assessment Debt-to-Equity 1.87x Moderate Net Debt-to-EBITDA 2.8x Manageable Interest Coverage 6.3x Strong Cash on Hand $10.8B Solid Buffer Total debt sits at $61.3 billion, up about $6.3 billion after the Confluent deal. EBIT of $12.26 billion covers $1.94 billion in interest 6.3 times. Service costs are not crowding out the dividend.
31 Years of Increases, Slow but Steady Year Annual Dividend 2026 (run rate) $6.76 2025 $6.72 2024 $6.66 2023 $6.63 2022 $6.59 Growth is slow, near 1% annually recently, but uninterrupted. IBM has paid quarterly dividends every year since 1916.
Krishna Backs Up the Cash Story CEO Arvind Krishna told investors on the Q1 2026 call: “Given this strong start, we continue to expect more than 5 percent constant currency revenue growth and an increase of about $1 billion in year-over-year free cash flow in 2026.” Guiding to roughly $15.7 billion of FCF against a $6.3 billion dividend obligation gives management plenty of room.
Verdict: Safe, With Eyes on the Balance Sheet Dividend Safety Rating: Safe. FCF covers the payout nearly 2x, interest coverage is north of 6x, and management is guiding to higher cash generation. I would be comfortable owning IBM for income if the software and Red Hat acceleration continues funding the dividend organically. I would get cautious if acquisition-driven debt climbs past 3.5x EBITDA or FCF guidance slips. For now, this is a cash-rich AI sanctuary that fits a retiree’s portfolio.
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Akcie Charter Communications vyskočily o více než 24 % po zprávě, že jedná se SpaceX o partnerství při nabídce mobilních služeb. Dohoda zatím nebyla uzavřena.
Charter Communications shares CHTR surged over 24% in premarket trading on Monday after a Bloomberg report said the cable and broadband giant was in discussions with SpaceX over a potential partnership to offer consumer mobile services.
According to the report, executives from SpaceX and Charter have held high-level talks about working together on a mobile phone offering.
While the discussions remain private and no agreement has been finalized, investors welcomed the possibility of Charter becoming a key partner in SpaceX's expanding consumer connectivity ambitions.
People familiar with the discussions told Bloomberg that Charter, the largest home internet provider in the United States, could route some of SpaceX's mobile traffic through its ground-based internet infrastructure, similar to how it currently supports its Spectrum Mobile service.
Such an arrangement would advance SpaceX's plans to become a broader direct-to-consumer mobile provider rather than relying solely on partnerships with established wireless carriers.
The discussions gained added significance after the Financial Times reported on Friday that SpaceX intends to offer mobile services directly to consumers.
To achieve that goal, the company will require significant mobile spectrum holdings alongside extensive terrestrial infrastructure to complement its satellite network.
SpaceX has already been strengthening its wireless assets.
The company recently acquired mobile spectrum in the Federal Communications Commission's AWS-3 auction after purchasing additional spectrum rights from EchoStar last year.
"Starlink Mobile will far exceed Starlink broadband in the home," SpaceX President Gwynne Shotwell recently told CNBC.
"Not everybody is going to need broadband, a Starlink broadband, in their homes. There's lots of other options as well. But I think the numbers of users of Starlink Mobile will far exceed our Starlink broadband."
Currently, SpaceX offers Starlink Mobile as a $10-per-month add-on through T-Mobile, allowing users to send text messages and make internet-based calls in remote areas beyond conventional cellular coverage.
For Charter, a partnership with SpaceX could mark a strategic shift at a time when investors have become increasingly concerned about Starlink's growing competitive threat.
Despite expanding its wireless business through Spectrum Mobile and agreeing last year to merge with Cox Communications, Charter's shares have fallen about 36% so far this year as Wall Street reassessed the risks posed by satellite broadband.
Through Spectrum Mobile, Charter currently provides wireless services using infrastructure agreements with T-Mobile and Verizon while routing a substantial portion of customer traffic over its own Wi-Fi network.
The addition of Cox is expected to expand Charter's subscriber base by more than 20%, strengthening its position in broadband and mobile services.
Investor sentiment toward Starlink has shifted sharply over the past year.
For years, the satellite internet business was largely viewed as serving rural areas lacking access to cable or fibre broadband.
However, its rapid subscriber growth and expansion into commercial aviation have prompted analysts to reassess its long-term competitive impact.
Starlink has doubled its subscriber base annually in recent years while securing major broadband contracts with airlines including American Airlines and United Airlines.
Wolfe Research analyst Peter Supino recently warned that Starlink could become "a comet bearing down on broadband incumbents."
Wall Street is increasingly concerned that SpaceX could begin taking broadband market share from cable operators including Charter and Comcast, as well as fibre providers such as AT&T and Verizon.
Among those companies, cable operators are widely regarded as the most exposed because broadband services generate the majority of their profits and rely on ageing network infrastructure.
Against that backdrop, any partnership between Charter and SpaceX could potentially transform a growing competitive threat into a strategic opportunity for both companies.
Following a successful launch on the brand's direct-to-consumer site, where it became the #1 selling product1, Beyond Steak Filet makes its retail debut
EL SEGUNDO, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™, today announced the launch of Beyond Steak Filet at Wegmans and H-E-B. This announcement marks the first time Beyond Steak Filet is available to consumers at retail.
Since launching on the brand's direct-to-consumer site in October 2025, Beyond Steak Filet has received overwhelmingly positive feedback and has quickly become the site's #1 selling product2, with consumers praising its delicious taste, great texture, and strong nutritional profile. Packed with 28g of plant protein, 3g of fiber, and just 1g of saturated fat per serving, and made with mycelium and heart-healthy3 avocado oil, the whole-cut filet delivers the tender, juicy bite and flavor of a top-quality steak. Made with clean, simple ingredients, Beyond Steak Filet is one of more than 20 products across the brand's portfolio to have earned Clean Label Project Certification, which recognizes products that meet rigorous standards for purity and transparency. The plant-based cut also contains no added antibiotics or hormones and is Non-GMO Project Verified.
“I believe Beyond Steak Filet is our most compelling center-of-the-plate innovation since the Beyond Burger,” said Ethan Brown, Founder and CEO of Beyond Meat. “The product marks the introduction of the powerhouse ingredient mycelium into our portfolio and delivers 28g of clean protein with just 1g of saturated fat from avocado oil. Whereas consumers are typically advised to limit their consumption of steak, the remarkable nutritional profile of Beyond Steak Filet means you can turn any meal into a steak occasion.”
Crafted to sear beautifully, Beyond Steak Filet can be enjoyed in tacos, salads, and grain bowls, or served alongside your favorite sides for a steakhouse-inspired meal. For additional information about Beyond Steak Filet and to find a store near you, visit www.beyondmeat.com.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™, is a plant protein company offering a portfolio of plant-based products made with non-GMO ingredients, no added hormones or antibiotics, and 0mg of cholesterol per serving. Founded in 2009, Beyond Meat’s core products are designed to have the same taste and texture as animal-based meat while being better for people and the planet. The company’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based protein to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. Visit www.BeyondMeat.com and follow @BeyondMeat on Facebook, Instagram, Threads and LinkedIn.
Beyond Meat Forward Looking Statements
Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in Beyond Meat’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (“SEC”) on April 9, 2026, Beyond Meat’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 28, 2026 filed with the SEC on May 7, 2026, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If Beyond Meat does update one or more forward-looking statements, no inference should be made that Beyond Meat will make additional updates with respect to those or other forward-looking statements.
1 “#1 seller” refers exclusively to unit sales on Beyond Test Kitchen DTC website since October 2025. No comparison to broader market or category sales is intended or implied.
2 “#1 seller” refers exclusively to unit sales on Beyond Test Kitchen DTC website since October 2025. No comparison to broader market or category sales is intended or implied.
3 Diets low in saturated fat and cholesterol, and as low as possible in trans fat, may reduce the risk of heart disease.
Beyond Meat Launches Beyond Steak Filet at Wegmans and H-E-B Following a successful launch on the brand's direct-to-consumer site, where it became the #1 selling... Beyond Steak Filet is one of more than 20 products across the brand’s portfolio to have earned Clean... Packed with 28g of plant protein and mycelium, 3g of fiber, and only 1g of saturated fat from heart-...
Carnival Corporation dokončila rozšíření mola v Celebration Key na Bahamách o dvě nová stání. Destinace tak zvládne až čtyři lodě současně a více než 13 000 hostů denně.
Newly expanded pier adds two additional berths at world's largest cruise company's exclusive destination, supporting increased guest arrivals and operational flexibility
, /PRNewswire/ -- Carnival Corporation (NYSE: CCL), the world's largest cruise company, today announced the successful completion of its Celebration Key pier extension on Grand Bahama Island. The flagship expansion adds two new berths, enabling Celebration Key to accommodate up to four ships simultaneously and welcome over 13,000 guests in a day to the popular exclusive destination.
Carnival Corporation Completes New Pier Extension for Celebration Key in The Bahamas Building on the original two-berth pier that opened with Celebration Key in July 2025, the two additional berths were delivered ahead of schedule and double the arrival capacity to four ships at once. This marine-side expansion adds operational flexibility and unlocks roughly 200 more ship calls and 700,000 additional guest arrivals each year.
"Celebration Key is one of the centerpieces of our Paradise Collection – a bold destination built to redefine what a Caribbean vacation can feel like," said Josh Weinstein, CEO of Carnival Corporation. "From a mile of white sand beach to the Caribbean's largest freshwater lagoons and five distinct experience portals, every part of Celebration Key was designed to deliver something unforgettable. Finishing the pier extension ahead of schedule gives us a real jump on meeting the extraordinary demand we're seeing and allows us to bring even more guests to this unique Bahamian paradise sooner than expected."
In less than 18 months, Celebration Key has firmly established its role as a cornerstone of Carnival Corporation's Paradise Collection. Twenty Carnival Cruise Line ships now call from 10 U.S. homeports reflecting Celebration Key's cornerstone position within the company's Caribbean deployment strategy. Starting September 2026, three- and four-ship days will be routine at the destination, and later this year, Princess Cruises and AIDA will join the rotation as Celebration Key becomes a true Carnival Corporation portfolio-wide Caribbean platform.
"Celebration Key's expansion reflects continued confidence in Grand Bahama and in The Bahamas as a leading tourism destination," said the Hon. Glenys Hanna Martin, Minister of Tourism. "Our priority is to ensure that investments of this scale create meaningful opportunities for Bahamian businesses, expand employment, and deliver lasting economic benefits to our people. We congratulate the team at Celebration Key on its first anniversary and look forward to its continued contribution to Grand Bahama's economy and the well-being of its communities."
"The expansion of Celebration Key's pier is a powerful endorsement of Grand Bahama's economic potential," said the Hon. Ginger Moxey MP., Minister for Grand Bahama. "Every ship that calls on our island creates opportunities for Bahamians—from entrepreneurs and small businesses to countless families who depend on a thriving tourism sector. This investment represents more than new infrastructure; it is an investment in our people, our economy, and a future built on sustainable, year-round growth."
When Celebration Key marks its first anniversary on July 19, 2026, it will have welcomed approximately 2.5 million guests. With the pier extension now in place, year two is expected to bring that number to about 3.5 million – growth that will deliver meaningful long-term benefits for The Bahamas. According to an economic impact study by Tourism Economics (an Oxford Economics company), the development, construction, and ongoing operation of Celebration Key is projected to create more than 2,500 direct Bahamian jobs, generate $3.2 billion in incremental government revenue, and contribute $9.7 billion in incremental GDP impact over the next two decades.
Celebration Key is just one of the seven exclusive Caribbean destinations that make up Carnival Corporation's Paradise Collection, which also includes RelaxAway Half Moon Cay, Isla Tropicale (Roatan), Amber Cove (Dominican Republic), Puerto Maya (Cozumel, Mexico), Grand Turks Cruise Center (Turks & Caicos) and Princess Cays (The Bahamas). Together, the Paradise Collection is unmatched by any other cruise company, creating differentiated guest experiences that drive incremental demand, support pricing strength and reinforce the company's leadership in the world's most popular cruise region.
About Carnival Corporation
Carnival Corporation is the largest global cruise company and among the largest leisure travel companies, with a portfolio of world-class cruise lines – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn. Carnival Corporation Ltd. trades under the ticker symbol CCL on the NYSE and is a member of the S&P 500.
For more information, please visit www.carnivalcorp.com, www.aida.de, www.carnival.com, www.costacruises.com, www.cunard.com, www.hollandamerica.com, www.pocruises.com, www.princess.com, and www.seabourn.com.
To learn more about Carnival Corporation's purpose and our commitment to sustainability, go to Our Impact.
Oracle představil čtyři nové Fusion Agentic Applications v Oracle Cloud SCM, které mají zlepšit viditelnost zásob, zmírnit dopady problémů v dodavatelském řetězci a zvýšit efektivitu výroby. Současně přidává nové funkce pro optimalizaci zásob.
Latest updates in Oracle Cloud SCM also include new inventory optimization capabilities
, /PRNewswire/ -- Oracle today announced four new Fusion Agentic Applications that will help organizations improve supply chain performance by increasing inventory visibility, reducing supplier and operational impact, and improving manufacturing efficiency. Built into Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), the new agentic applications are powered by coordinated teams of specialized AI agents that are outcome-driven, proactive, reasoning-based, and engineered for enterprise execution. In addition, to help organizations further increase supply chain resilience, Oracle is also introducing new inventory optimization capabilities.
"Supply chain leaders are under increasing pressure to improve service levels, control costs, and respond faster to disruption amid ongoing economic and operational uncertainty," said S.Y. Shenoy, senior vice president, Fusion SCM development, Oracle. "With the new agentic applications and inventory optimization capabilities in Oracle Cloud SCM, organizations can identify issues sooner, prioritize actions, and make faster, more informed decisions across planning, procurement, and manufacturing."
Part of Oracle Fusion Cloud Applications, Oracle Cloud SCM helps organizations enhance resilience and quickly adapt to market changes by providing a unified AI-powered platform that integrates supply chain planning and execution processes. It includes embedded AI agents and agentic applications that help accelerate product design, manufacturing, procurement, order fulfillment, and logistics execution. In addition, customers can take advantage of the AI Agent Studio for Fusion Applications to build, connect, and run AI automation and agentic applications using reusable Oracle, partner, and external agents without traditional application development.
Fusion Agentic Applications for Supply Chain
Running on Oracle Cloud Infrastructure and powered by industry-leading LLMs, the new Fusion Agentic Applications move beyond assistance to execution, helping supply chain leaders improve business outcomes. By operating inside the existing Oracle Fusion Applications security framework, they can autonomously progress routine work within established guardrails and surface exceptions, tradeoffs, and decisions where desired, such as when human judgment can materially change the outcome. There are four new Fusion Agentic Applications now available within Oracle Cloud SCM:
Inventory Planning Command Center: Helps supply chain teams improve inventory availability, increase service levels, and resolve stockouts faster. This shifts inventory management from manual tracking to an automated, business-driven workflow that helps teams reduce disruptions and improve inventory responsiveness. Supplier Qualification Workspace: Helps procurement teams reduce supplier risk, improve compliance processes, and accelerate supplier qualification. This moves supplier qualification from fragmented tracking and manual follow-up to a guided, risk-based process that helps teams improve compliance posture and accelerate supplier onboarding decisions. Production Readiness Workspace: Helps manufacturing teams improve production readiness and reduce setup errors. This shifts production readiness from manual checklists to proactive corrections and prioritized actions that help teams reduce errors and prevent production delays. Kanban Administrative Workspace: Helps manufacturing teams improve Kanban replenishment, reduce shortages and excess inventory, and maintain production flow. This elevates Kanban replenishment from periodic manual review to proactive, exception-based optimization that helps teams enhance production flow. Inventory Optimization for Supply Chain Planning
New inventory optimization capabilities in Oracle Fusion Cloud Supply Chain Planning help organizations improve inventory performance while balancing service levels and inventory costs. The new capabilities include:
Multi-echelon inventory optimization: Helps supply chain teams improve inventory placement and reduce excess inventory across complex supply chain networks by calculating recommended safety stock targets across the network based on demand and lead time variability. Interactive inventory network visualization: Helps planners better understand inventory performance and supply chain dependencies by providing an integrated view of supply chain relationships, inventory levels, and service-level metrics across the network. Inventory Optimization Advisor Agent: Helps planners identify inventory risks and improve service levels by highlighting the factors contributing to service-level shortfalls, analyzing inventory dependencies, and recommending safety stock adjustments. To learn more about Oracle Cloud SCM, visit oracle.com/scm.
About Oracle Fusion Cloud Applications
Oracle Fusion Cloud Applications provide an integrated suite of AI-powered cloud applications that enable organizations to execute faster, make smarter decisions, and lower costs. Oracle Fusion Applications include:
Oracle Fusion Cloud Enterprise Resource Planning (ERP): Provides a comprehensive suite of AI-powered finance and operations applications that help organizations increase productivity, reduce costs, expand insights, improve decision-making, and enhance controls. Oracle Fusion Cloud Human Capital Management (HCM): Provides a unified AI-powered HR platform that connects people, processes, and data to help organizations automate the employee lifecycle, enhance the employee experience, and drive better business outcomes with a human-agent workforce. Oracle Fusion Cloud Supply Chain & Manufacturing (SCM): Provides a unified AI-powered platform that integrates supply chain and operations processes and helps organizations enhance resilience and quickly adapt to market changes. Oracle Fusion Cloud Customer Experience (CX): Provides a suite of AI-powered applications that help organizations manage marketing, sales, and service processes to win business, build stronger customer relationships, and improve customer experiences. About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
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General Mills čeká 1. července růst tržeb i zisku za 4. čtvrtletí, s odhadem tržeb 4,6 miliardy USD a EPS 82 centů. Tahounem má být značka Blue Buffalo a zlepšení marží.
Key Takeaways General Mills is likely to see Q4 revenues and earnings rise when it reports results on July 1, 2026. GIS' Remarkability strategy is supporting demand, distribution and share trends in key retail categories. GIS may gain from Blue Buffalo momentum, margin programs, and easing trade and supply-chain headwinds. General Mills, Inc. (GIS - Free Report) is likely to witness top and bottom-line growth when it reports fourth-quarter fiscal 2026 earnings on July 1. The Zacks Consensus Estimate for revenues is pegged at $4.6 billion, indicating an increase of nearly 1% from the prior-year quarter’s reported figure.
The consensus mark for earnings has remained unchanged over the past 30 days at 82 cents a share, which implies 10.8% growth from the figure reported in the year-ago period. GIS has a trailing four-quarter earnings surprise of 1.2%, on average.
Factors Likely to Influence GIS’ Upcoming ResultsGeneral Mills’ fourth-quarter performance is likely to have witnessed improving business momentum as the company continues executing its Remarkability strategy through product innovation, enhanced consumer value, stronger brand communication and improved omnichannel execution. These initiatives have been driving better household penetration, baseline demand, distribution and market-share trends across several key North America Retail categories.
Management has indicated that the investments made earlier in the fiscal year are expected to support a step-up in organic sales trends during the fourth quarter, aided by stronger competitiveness and seasonal merchandising opportunities.
The North America Pet business is also expected to remain a growth contributor, supported by continued momentum in Blue Buffalo, expanding distribution of Love Made Fresh and ongoing innovation across the pet portfolio. Management expects retailer inventory trends, which weighed on prior-quarter shipments, to normalize in the fourth quarter. Together with continued market-share gains, these factors are likely to support healthier revenue trends across the business. Our model suggests fourth-quarter organic sales growth of 1.4% for the North America Pet segment.
On the earnings front, General Mills is expected to benefit from its Holistic Margin Management program and Global Transformation initiatives. Management also expects several temporary headwinds that weighed on results earlier in the fiscal year, including unfavorable trade-expense timing and weather-related supply-chain disruptions, to become tailwinds in the fourth quarter, supporting a sequential improvement in operating performance and earnings. We expect the adjusted operating margin to increase 60 basis points to 14.3% in the fourth quarter.
However, persistent consumer caution, elevated input costs, tariff-related inflation and ongoing value investments aimed at strengthening competitiveness may have tempered profitability during the quarter despite improving underlying business trends.
Q4 Earnings Whispers for GISOur proven model doesn’t conclusively predict an earnings beat for General Mills this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
General Mills currently carries a Zacks Rank #4 (Sell) and has an Earnings ESP of +0.21%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With the Favorable CombinationHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
Kimberly-Clark Corporation (KMB - Free Report) currently has an Earnings ESP of +0.39% and a Zacks Rank of 3. The Zacks Consensus Estimate for Kimberly-Clark’s upcoming quarterly revenues is pegged at $4.23 billion. The figure implies a 1.7% increase from the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Kimberly-Clark’s quarterly earnings per share is pegged at $1.99, indicating a 3.7% gain from the year-ago period figure. KMB delivered a trailing four-quarter earnings surprise of 19.1%, on average.
Celsius Holdings, Inc. (CELH - Free Report) currently has an Earnings ESP of +1.30% and a Zacks Rank of 3. The consensus estimate for CELH’s quarterly revenues is pinned at $891.5 million, which calls for 20.6% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Celsius Holdings’ upcoming quarter’s EPS is pegged at 42 cents, which implies a 10.6% decrease year over year. CELH delivered a trailing four-quarter earnings surprise of 58.1%, on average.
Tyson Foods, Inc. (TSN - Free Report) currently has an Earnings ESP of +2.17% and a Zacks Rank of 3. The consensus estimate for Tyson Foods’ quarterly revenues is pinned at $14.29 billion, which suggests 2.9% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for the upcoming quarter’s EPS is pegged at $1.04, which implies a 14.3% increase year over year. TSN delivered a trailing four-quarter earnings surprise of nearly 18.1%, on average.
Costco říká, že AI vyhledávání je zatím malé, ale ve třetím čtvrtletí vzrostlo trojciferně a mělo nejvyšší konverzi ze všech zdrojů návštěvnosti. Digitální návštěvnost webu a aplikace stoupla o 37 % a digitálně podpořené srovnatelné tržby vzrostly o 21,5 %.
Key Takeaways Costco is using AI search to make its products and member value easier for consumers to find.AI traffic remains low but grew triple digits in Q3 and had the highest conversion rate.Digital engagement is strong, with site and app traffic up 37%, and digital comps up 21.5%. Costco Wholesale Corporation (COST - Free Report) suggests that artificial intelligence (AI) is a small but important digital opportunity, even at this early stage. Management said consumers are increasingly using AI to research products and services, and Costco is working with leading AI companies to improve how its value proposition is presented to current and potential members. The strategy is not about changing the core model. It is about making Costco products easier to find through AI search.
The key step is to improve online product pages so that large language models can better capture Costco’s quality, pricing and member value. This matters because some Costco offers are hard to explain through a regular search. Management pointed to appliances, where the real value includes delivery, installation and haul-away and to tires, where installation, road hazard coverage and nitrogen are included. AI search can present that broader value more clearly.
The early signals are notable. AI-generated traffic remains low, but Costco saw triple-digit growth in the third quarter of fiscal 2026, and this traffic carried the highest conversion rate of any source coming to its site. That sits alongside strong digital engagement, with site and app traffic up 37% and digitally enabled comparable sales up 21.5%. AI search is not yet a major revenue engine, but it could become a useful driver for Costco’s digital business.
What the Latest Metrics Say About CostcoCostco, which competes with Dollar General Corporation (DG - Free Report) and Target Corporation (TGT - Free Report) , has seen its shares drop 4.5% over the past three months compared with the industry’s 0.2% decline. Shares of Dollar General and Target have jumped 1.4% and 18.1%, respectively, in the aforementioned period.
Image Source: Zacks Investment Research
From a valuation standpoint, Costco's forward 12-month price-to-earnings ratio stands at 43.11, higher than the industry’s ratio of 30.91. However, it is trading below its 12-month median level of 46.40, indicating some moderation in valuation despite sustained investor confidence in the stock.
Costco is trading at a premium to Target (with a forward 12-month P/E ratio of 16.38) and Dollar General (15.71).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Costco’s current financial-year sales and earnings per share implies year-over-year growth of 9.4% and 13.3%, respectively. For the next fiscal year, the consensus estimate indicates a 7.8% rise in sales and 10.2% growth in earnings.
The consensus estimate for earnings per share for the current and next fiscal year has increased by 5 cents and 6 cents to $20.38 and $22.46, respectively, over the past 30 days.
Image Source: Zacks Investment Research
Costco currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
SummaryMicron delivered another record-breaking quarter, with Q3 revenue surging to nearly $41.5 billion on exceptional pricing strength.Non-GAAP gross margins soared to nearly 85%, more than doubling year-over-year, driving adjusted EPS to $25.11 versus $1.91 last year.Management guided Q4 revenue to $50 billion, well above consensus, with gross margins expected to rise further to 86% as price increases moderate.MU generated $18.3 billion in adjusted free cash flow, reduced debt by 40%, and plans to return 100% of excess cash to shareholders over time. Tim Robberts/DigitalVision via Getty Images
As companies try to pivot to a future of Artificial Intelligence, there have been a number of clear winners in the market. One of the biggest has been Micron Technology, Inc. (MU), with
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within 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.
Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from a broker or financial adviser before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
JPMorgan ponechává pro Broadcom cílovou cenu 580 USD a očekává růst tržeb z AI čipů každý rok až do roku 2031. Banka tvrdí, že TPU v9 je stále na cestě k rozjezdu v roce 2028.
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52-Week Range$262.66▼
$495.00Dividend Yield0.72%
P/E Ratio60.61
Price Target$493.24
Semiconductor giant Broadcom NASDAQ: AVGO experienced a dramatic drop-off since its last earnings report. Just days prior to the release, Broadcom traded at its all-time high near $480. However, the company failed to meet the extremely high expectations implied by its valuation, and shares tanked almost 20% in the following two days.
Amid this, one Wall Street firm coming to Broadcom’s defense is JPMorgan Chase & Co. The bank and its analyst, Harlan Sur, have a $580 price target on Broadcom. This is among the highest on Wall Street and far exceeds the MarketBeat consensus target near $493.
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Notably, Sur recently reiterated his highly bullish target on Broadcom. Sur also provided key commentary for his rationale that paints a very positive picture of Broadcom’s relationship with its most important customer.
Broadcom and Alphabet: The Hot Button TPU DebateOne of the concerns coming out of Broadcom’s last earnings call was the future of its relationship with Google parent company Alphabet NASDAQ: GOOGL. Alphabet is widely believed to be Broadcom’s largest custom artificial intelligence (AI) chip customer.
The two firms have collaborated on multiple generations of Alphabet’s tensor processing units (TPUs) for several years. This is a core partnership that has helped Broadcom become the world’s second-largest semiconductor company, only behind NVIDIA NASDAQ: NVDA. Thus, when thinking about Broadcom’s outlook, investors are keenly aware of anything that points to volatility in its relationship with Alphabet.
In this context, a quote from Broadcom CEO Hock Tan from the company’s last earnings call was somewhat troubling. Tan noted, “Given the growth of consumption and development and consumption of AI compute, even by our partner, Google, that we fully expect that there will be some diversity of sources for them.” In other words, Google’s TPU program is becoming so large that Broadcom does not expect to be the only partner involved with it going forward.
Notably, industry analysts believe that the Taiwanese company MediaTek OTCMKTS: MDTKF is also a TPU partner. However, analysts debate the size of this partnership and the specific TPU variants that MediaTek is working on.
JPMorgan Shows Confidence in Broadcom’s TPU LeadershipConsidering this, JPMorgan’s analysis is positive for Broadcom. Currently, Google is on its eighth generation TPU, TPU v8, which features multiple variants. JPMorgan says that the five-year agreement that Google and Broadcom signed in March “locks in Broadcom’s TPU design win roadmap for the next four generations of TPU chips through v11.” JPMorgan also believes this means that Broadcom’s TPU revenues will increase annually through 2031. Furthermore, JPMorgan argues that investors should dismiss reports of delays in the TPU v9 program, saying that TPU v9 is on track to ramp up in 2028.
This pushes back on other reporting that Broadcom’s TPU v9 progress is facing delays. These reports argue that Broadcom has “lost its leading position," which has allowed MediaTek to win major orders for the TPU v9.
For its part, JPMorgan is showing a fairly significant amount of confidence that Broadcom remains in pole position within Google’s TPU program. The firm demonstrates this by reiterating its $580 target—a level that many Wall Street targets sit well below.
Additionally, there is real disagreement around MediaTek’s specific involvement with Google. JPMorgan argues that Broadcom is developing the inference-optimized TPU v8i, while MediaTek is working on the training-optimized TPU v8t. Other industry reports point to MediaTek designing the v8i and Broadcom designing the v8t.
Beyond the Rumors: Broadcom’s AI Chip Business Continues to ExplodeFor investors, there are several key takeaways. First off, reports among these various sources contradict one another. This is true regarding potential delays with Broadcom’s TPU v9 and which variants Broadcom and MediaTek are working on in the TPU v8. Thus, at this point, it is best to focus on facts and the points of general consensus.
Overall MarketRank™100th Percentile
Analyst RatingModerate Buy
Upside/Downside35.1% Upside
Short Interest LevelHealthy
Dividend StrengthStrong
News Sentiment1.17 Insider TradingSelling Shares
Proj. Earnings Growth71.97%
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Broadcom has been working with Google for a long time. Broadcom expects its AI semiconductor revenue to rise by over 200% year over year next quarter to $16 billion. Meanwhile, just months ago, Google and Broadcom entered a long-term agreement for Broadcom to develop and supply future generations of TPUs. In its fiscal year 2027, Broadcom expects to generate more than $100 billion in AI semiconductor revenue.
However, all cited reports state that MediaTek is also involved in TPU development. Hock Tan did little to push back on this with its recent statement. MediaTek also recently raised its custom AI chip revenue forecast in 2026 to $2 billion. It estimates that this market will be worth $70 billion to $80 billion in 2027. The company is targeting 10% to 15% of that total in the coming years, implying an opportunity well above $2 billion. Still, Broadcom’s AI chip business is far larger today and is growing extremely fast.
Overall, with limited clarity today, the relationship between Google, Broadcom, and MediaTek is a risk to watch going forward, but not worth the panic. In the meantime, one of Wall Street’s top banks, JPMorgan, is calling for Broadcom shares to eclipse previous all-time highs by $100.
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Strategy spustila nový rámec Digital Credit Capital Framework včetně zpětného odkupu digitálních cenných papírů a kmenových akcií až za 1 mld. USD a může pro něj prodat bitcoin až za 1,25 mld. USD.
Strategy shares are climbing with conviction. What’s driving MSTR stock higher? The Digital Credit Capital Framework has five components: a Board-approved USD Reserve policy, a revised STRC dividend policy, a Digital Credit Securities repurchase program of up to $1 billion, a class A common stock repurchase program of up to $1 billion, and a BTC Monetization Program. The announcement marks a meaningful strategic evolution, from one-way capital issuance toward active, two-way capital management.
The USD ReserveThe STRC Dividend and Repurchase ProgramsStrategy raised the dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock to 12.00% annually, effective for semi-monthly periods with record dates on or after July 1, 2026. The company said its corporate objective is for STRC to trade near its $100 stated amount over time.
On the repurchase side, Strategy established a $1 billion program covering its Digital Credit Securities, including STRC, STRF, STRD, and STRK, with STRC expected to be the initial priority. A separate $1 billion class A common stock repurchase program was also announced.
The BTC Monetization ProgramThe Board authorized Strategy to sell Bitcoin for three primary purposes: to generate up to $1.25 billion to fund the USD Reserve, to fund preferred stock dividends and interest expense when management determines it is more advantageous than issuing equity, and to fund repurchases of Digital Credit Securities or common stock. Any BTC monetization outside these purposes requires additional Board authorization.
“Bitcoin is capital,” said Andrew Kang, CFO. “This program gives Strategy the flexibility to use a portion of its BTC Reserve to strengthen Digital Credit, fund dividend payments and interest expense, and fund accretive repurchases when BTC monetization is more advantageous than issuing common equity.”
Strategy Shares Trade HigherMSTR Price Action: At the time of publication, Strategy shares are trading 4.04% higher at $85.63, according to data from Benzinga Pro.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Rocket Lab (NASDAQ: RKLB) stock price has suffered a major reversal in the past few weeks, moving from the year-to-date high of $151 on May 27 to $84. This retreat continued even after the company landed a new NASA contract last week. So, is it safe to buy the dip or sell the rip?
RKLB share price has dropped sharply in the past few weeks as investors booked profits following its spectacular rally ahead of the SpaceX IPO. It jumped to a record high of $151, up by 3,700% from its lowest level in 2014, with its market capitalization peaking at $82 billion.
The ongoing Rocket Lab stock retreat has coincided with that of other companies in the space industry. SpaceX itself has plunged by over 30% from its highest point after its IPO. Also, other top players in the space industry, like Planet Labs and Intuitive Machines, have also plunged recently.
The sell-off intensified recently after the company entered the blue-chip index, a move that forced ETF and mutual fund operators to buy it. It is common for stocks to pop after an ETF inclusion news and then retreat when it eventually happens.
Most importantly, demand for Rocket Labs’ solutions jumped after NASA selected the company for the Polarized Submillimeter Ice-cloud Radiometer (PolSIR) and Total and Spectral Solar Irradiance Sensor-2 (TSIS-2) missions. The deal is worth $300 million.
Rocket Lab’s growth is continuing, but valuation risks remainThe most recent financial results showed that Rocket Labs’ business is firing on all cylinders with the number of launches continuing growing. It made a record $200 million revenue, up by 63.5% from the same period last year. Also, the company’s revenue backlog surged to over $2.2 billion or 70+ missions.
While most of these orders are for its Electron product, the company is seeing more demand for its HASTE and Neutron projects. It secured 5 Neutron launches in the last quarter, with the manifest filling to end of the decade.
Analysts predict that Rocket Lab’s revenue growth will continue in the foreseeable future. The annual revenue is expected to be $915 million, up by 52% YoY. It is expected to grow by 41% next year to $1.29 billion.
Still, there are concerns about the company’s valuation, which has become extremely stretched in the past few months. It now trades with a forward price-to-sales ratio of 53, which is a massive number. This means that it will need to continue growing its revenues and boosting its profit metrics in the long term.
READ MORE: Here’s why Rocket Lab stock is ripe for a strong comeback
Rocket Lab stock chart | Source: TradingView
The daily chart shows that the RKLB share price has dived in the past few months, moving from a high of $151 to $84 today. Its current price is notable as it coincides with the ascending trendline that connects the lowest swings since November last year.
The stock remains above the 200-day Exponential Moving Average (EMA), a sign that all hope is not lost. It has also settled along the Strong, Pivot, Reverse level of the Murrey Math Lines tool.
Therefore, there is a likelihood that the Rocket Lab stock price will bounce back and retest the Major S&R level of $100 as investors buy the dip. This view will become invalid if the stock drops below the Strong, Pivot, Reverse level of the Murrey Math Lines at $75.
Rocket Lab oznámil navrženou akvizici Iridium za 8 miliard USD, čímž rozšíří byznys o satelitní komunikaci a opakované příjmy. Firma si zároveň zajistila bridge loan ve výši 3,6 miliardy USD.
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The commercial space industry is entering a new phase. Simply reaching orbit is no longer enough to build a durable business. The companies likely to create the most shareholder value over the next decade are those that control more of the space economy — from designing satellites and launching them to operating the communications networks those satellites power.
SpaceX (NASDAQ:SPCX) demonstrated the power of that strategy with Falcon and Starlink. Now Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) has taken a major step in the same direction, announcing an acquisition that could reshape its business for years to come.
Rocket Lab Is Buying More Than a Satellite Company Rocket Lab announced it will acquire Iridium Communications (NASDAQ:IRDM) in an $8 billion cash-and-stock transaction expected to close in mid-2027. Iridium shareholders will receive $27 in cash plus Rocket Lab shares for each Iridium share they own.
Funding such a large transaction naturally raises monetary questions, and Rocket Lab also announced it secured a $3.6 billion bridge loan, giving it the financing needed to complete the acquisition while arranging longer-term capital.
The acquisition will create one of the few publicly traded companies spanning launch services, satellite manufacturing, spacecraft components, and global satellite communications.
That changes Rocket Lab’s economic model. Instead of relying primarily on one-time launch contracts, it gains a business built around subscription-like connectivity services for commercial customers, governments, maritime operators, aviation, and direct-to-device applications.
The acquisition also creates operational advantages as Neutron enters service. Rocket Lab would be positioned to launch future generations of Iridium satellites using its own rocket rather than purchasing launch services from outside providers. Keeping those launches in-house lowers expenses across the satellite replacement cycle while giving Rocket Lab greater control over scheduling and deployment.
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That mirrors the strategy that has helped SpaceX widen its competitive lead. Combining launch capability with ownership of the communications network allows a company to manage costs across the entire value chain instead of paying outside providers at every stage.
The Space Economy Is Becoming a Platform Business The competitive landscape is also changing. Some companies will specialize in building spacecraft or selling launch services. Others will own integrated platforms that design satellites, manufacture them, launch them, operate the network, and collect recurring service revenue long after the rockets leave the launch pad.
Iridium fills an important gap in Rocket Lab’s business. It brings a mature global communications network, licensed spectrum, long-term government relationships, and recurring cash flow that continues long after a satellite reaches orbit.
Granted, integrating an $8 billion acquisition carries execution risk. Rocket Lab must successfully close the transaction, integrate operations, manage its financing, and bring Neutron into commercial service on schedule. Those are meaningful challenges for any company.
Still, the strategic direction is becoming much clearer.
Key Takeaway In short, Rocket Lab is evolving from a launch company into a full-service space infrastructure platform. The proposed $8 billion acquisition of Iridium gives it communications networks, recurring revenue, licensed spectrum, and deeper government relationships, while Neutron has the potential to lower future deployment costs by bringing launches in-house.
SpaceX showed that controlling both transportation to orbit and the services delivered from orbit creates lasting competitive advantages. If Rocket Lab executes on this strategy, shareholders may eventually view this acquisition not as an expansion of its launch business but as the moment it transformed into an integrated space platform capable of competing across the entire space economy.
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Gladstone Investment uzavřela definitivní dohodu o koupi společnosti Extrude Hone, dodavatele přesných povrchových úprav pro letectví, automobilový průmysl, energetiku a další náročná odvětví.
MCLEAN, VA / ACCESS Newswire / June 29, 2026 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") announced today that it has entered into a definitive agreement to acquire Extrude Hone, an Irwin, Pennsylvania-based company. Extrude Hone is a leading provider of precision surface-finishing solutions used in mission-critical applications such as aerospace, automotive, heavy industrial, energy and other demanding end markets. The company's proprietary technologies and service capabilities help customers improve product performance, reliability and manufacturing efficiency.
Extrude Hone represents another example of Gladstone Investment's focus on partnering with established lower middle market businesses that hold leading positions in specialized industrial niches. Extrude Hone has built a strong reputation for technical expertise, long-standing customer relationships and mission-critical manufacturing solutions across a diverse set of end markets.
"We are excited to partner with the Extrude Hone management team and support the company's next phase of growth," said Christopher Lee, Executive Vice President of Gladstone Investment. "Extrude Hone has developed a strong market position, differentiated capabilities and a long history of serving customers with highly engineered finishing solutions. We look forward to investing alongside management to build upon that foundation."
"This definitive agreement to acquire Extrude Hone positions us to close on the acquisition subject to a final approval by regulatory authorities. We are pleased that the acquisition will add another quality company to Gladstone Investment's portfolio of operating businesses. We expect it to produce both income for dividends to shareholders and longer-term appreciation for capital gains," said David Dullum, Chief Executive Officer and President of Gladstone Investment.
Gladstone Investment is a publicly traded business development company that seeks to make equity and secured debt investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Additional information on the transaction can be found at www.gladstoneinvestment.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
Forward-looking Statements:
The statements in this press release regarding the longer-term prospects of Gladstone Investment, Extrude Hone, and their management teams, and the ability of Gladstone Investment and Extrude Hone to grow and expand are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on Gladstone Investment's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in Gladstone Investment's filings with the Securities and Exchange Commission. Gladstone Investment undertakes no obligation to update or revise these forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
For further information: Gladstone Investment Corporation, (703) 287-5893
June 29, 2026 08:00 ET | Source: 4D Molecular Therapeutics, Inc.
EMERYVILLE, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a leading late-stage biotechnology company advancing durable and disease-targeted therapeutics with potential to transform treatment paradigms and provide unprecedented benefits to patients, today announced that it has entered into a strategic credit facility agreement with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) for up to $200 million.
“Our strong cash, cash equivalents and marketable securities position, excluding this strategic credit facility, is expected to continue to fund our planned operations into the second half of 2028. Access to this non-dilutive capital further increases our financial strength, providing the Company with strategic and operational flexibility,” said Kristian Humer, Chief Financial Officer of 4DMT. “The credit facility diversifies our capital structure, allowing us to focus on sustaining our execution momentum, growth planning across our innovative gene therapy pipeline and early commercial planning for 4D-150.”
“Hercules Capital is pleased to support 4DMT with a flexible financing solution as the Company advances 4D-150 through Phase 3 development and pre-commercial planning in wet AMD and DME,” said Lake McGuire, Managing Director at Hercules Capital, Inc. “This partnership reflects our commitment to backing innovative genetic medicines with the potential to transform treatment paradigms for patients with serious unmet needs.”
Under the terms of the agreement, 4DMT drew an initial $20 million at closing. An additional $30 million is available, at the Company’s option, through June 15, 2027, with an additional $100 million available upon the Company’s achievement of certain milestones, and the remaining $50 million available subject to final lender approval.
The Company’s cash, cash equivalents and marketable securities were $458 million as of March 31, 2026.
Leerink Partners served as the exclusive financial advisor to 4DMT on the strategic credit facility.
About 4DMT
4DMT is a leading late-stage biotechnology company advancing durable and disease-targeted therapeutics with potential to transform treatment paradigms and provide unprecedented benefits to patients. The Company’s lead product candidate 4D-150 is designed to be a backbone therapy forming the foundation of treatment of blinding retinal vascular diseases by providing multi-year sustained delivery of anti-VEGF biologics (aflibercept and anti-VEGF-C) with a single intravitreal injection, which substantially reduces the treatment burden associated with current bolus injections. The Company’s lead indication for 4D-150 is wet age-related macular degeneration, which is currently in Phase 3 development, and second indication is diabetic macular edema. The Company’s second product candidate is 4D-710, which is the first known genetic medicine to demonstrate successful delivery and expression of the CFTR transgene in the lungs of people with cystic fibrosis after aerosol delivery. 4D Molecular Therapeutics™, 4DMT™, Therapeutic Vector Evolution™, and the 4DMT logo are trademarks of 4DMT.
All of the Company’s product candidates are in clinical or preclinical development and have not yet been approved for marketing by the U.S. Food and Drug Administration or any other regulatory authority. No representation is made as to the safety or effectiveness of the Company’s product candidates for the therapeutic uses for which they are being studied.
Learn more at www.4DMT.com and follow us on LinkedIn.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and expressed statements regarding the therapeutic potential and clinical benefits of, as well as the plans, announcements and related timing for, the clinical development of the Company’s product candidates; the Company's expectations regarding financing alternatives and its anticipated cash runway; the availability of, and the Company’s ability to access or draw, additional capital under the credit facility; the achievement of the milestones, conditions or approvals required to access such additional capital; the expected non-dilutive nature and benefits of the credit facility; and the Company’s financial, strategic and operational flexibility. The words "may," “might,” "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," “seek,” "predict," “future,” "project," "potential," "continue," "target" and similar words or expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including risks and uncertainties that are described in greater detail in the section entitled "Risk Factors" in 4D Molecular Therapeutics’ most recent Quarterly Report on Form 10-Q, as well as any subsequent filings with the Securities and Exchange Commission. In addition, any forward-looking statements represent 4D Molecular Therapeutics' views only as of today and should not be relied upon as representing its views as of any subsequent date. 4D Molecular Therapeutics explicitly disclaims any obligation to update any forward-looking statements, except as may be required by law. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements.
Copart oznámil změnu ve vedení: Jeff Liaw odstoupí z funkce CEO a ředitele, od 31. července 2026 ho nahradí Jay Adair. Liaw zůstane jako zvláštní poradce.
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today announced that Jeff Liaw will step down as Chief Executive Officer and director, effective July 31, 2026. The Board has appointed Executive Chairman Jay Adair — who previously led Copart as CEO — to resume the role of Chief Executive Officer effective July 31, 2026. Mr. Liaw will support the transition as Special Advisor to Mr. Adair.
“Jeff has provided Copart with extraordinary leadership over the past decade — first as CFO, then President, and finally as our third-ever CEO,” said Mr. Adair. “Under his stewardship the Company achieved all-time high transaction values, average selling prices, and auction liquidity. As a result, we are the trusted platform for insurance and commercial consignors all over the world. On behalf of everyone at Copart, I thank Jeff and wish him well.”
Liaw said, "Leading Copart has been the privilege of a professional lifetime. I'm grateful to the Company for affording me the opportunity, for the customers who have entrusted us with their business, and for my teammates all over the world whose tireless efforts enable us to serve our customers and members so well. I wish Copart and Jay the very best in the next chapter ahead and look forward to contributing to the Company's future success."
About Copart
Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart’s innovative technology and online auction platforms connect vehicle consignors to approximately 1 million members in over 185 countries. Copart offers a comprehensive suite of vehicle remarketing services to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers vehicles via auction to dealers, dismantlers, rebuilders, exporters, and the general public. With operations at over 250 locations in 11 countries, Copart sold more than 4 million units in the last year. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), Brazil (Copart.com.br), the Republic of Ireland (Copart.ie), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/register.
Cautionary Note About Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the “Management’s Discussion and Analysis” and the other risks identified in Copart’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf.
GE HealthCare spouští modernizační aktualizaci pro vybrané starší systémy Innova a Discovery IGS, která přidává technologie platformy Allia bez nutnosti velkých stavebních úprav. Program má zlepšit workflow, obrazovou kvalitu a snížit prostoje.
CHICAGO--(BUSINESS WIRE)--GE HealthCare today announced Allia™ platform upgrade pathways designed to help customers modernize select legacy Innova™ and Discovery™ Image Guiding Solutions (IGS) systems. These pathways provide access to Allia technologies and workflows that support efficiency and procedural decision-making while helping preserve existing infrastructure, avoid major construction work, extend interventional room lifetime, and minimize disruption to clinical operations.
As procedural complexity and patient volumes grow and installed systems age, healthcare providers are looking for flexible ways to modernize interventional environments while balancing operational, infrastructure and capital planning priorities. According to the European Coordination Committee of the Radiological, Electromedical and Healthcare IT Industry (COCIR), one-third of interventional X-ray systems in Europe are more than 10 years old, highlighting the importance of technology renewal planning to support increased access to advanced care.i
The upgrade pathways can help customers extend the value of existing systems through workflow enhancements, expanded interoperability capabilities and access to Allia innovations, while helping reduce infrastructure replacement needs and support long-term operational and sustainability goals.
“Interventional care continues to evolve rapidly, and health systems are looking for technology strategies that balance innovation, operational continuity and long-term value,” said Jyoti Gera, CEO, CardioVascular and Interventional Solutions, Advanced Imaging Solutions, GE HealthCare. “These Allia upgrade pathways reflect our commitment to helping customers modernize on their own terms by extending the capabilities of existing systems while providing access to the latest Allia innovations and AI-enabled technologies in a less disruptive, more sustainable way.”
Depending on system configuration, market availability and applicable regulatory requirements, upgrade options may provide access to capabilities and to third party solutions, including:
CleaRecon DL,ii an AI-enabled deep learning reconstruction technology designed to support CBCT image interpretation confidence by reducing streak artifacts caused by the pulsatile nature of blood flow during procedures. 3DStent,iii an intraprocedural tool for 3D visualization of the coronary stent designed to remove major stent imaging barriers and provide easy to interpret images. OmnifyXR™ Interventional Suite, an augmented reality guidance solution designed to support workflow efficiency and ergonomics and provide improved visualization and collaborative care for procedures such as prostate embolization.iv Embo ASSIST AI, an augmented guidance solution designed to optimize embolization strategies and streamline clinical workflow.v Medis Quantitative Flow Ratio®vi, a software solution, designed to assess coronary physiology in patients with coronary artery disease. AVVIGO™+ intravascular imaging (IVUS) platformvii multimodality guidance platform that enhances the IVUS and physiology experience and integrates percutaneous coronary intervention tools to support users in the catheterization lab. GE HealthCare also provides Tube Watch and/or OnWatch™ Predict service options on all upgraded systems. These options help customers proactively manage system performance and maintenance by providing an AI-poweredviii estimated lead time to failure, supporting efforts to reduce unplanned downtime.
These upgrade pathways are available in the U.S. and other countries where Allia IGS and Allia IGS Pulse systems are available for sale (and have been approved, cleared or registered by the appropriate regulatory authorities). Please contact your local GE HealthCare representative with any questions about this upgrade program. For more information on the available Allia upgrade capabilities, visit: https://www.gehealthcare.com/en-us/services/igs-upgrades.
Through GE HealthCare’s upgrade programs, customers can access technology designed to help enhance image quality, expand imaging capabilities with advanced applications, and streamline workflows across image guiding solutions, X-ray, MR and CT systems. These programs are designed to help customers unlock new value from existing systems through smart technology and AI-powered and digital solutions, while supporting productivity, operational continuity and patient-centered care.
About GE HealthCare Technologies Inc.
GE HealthCare is a leading global healthcare solutions provider of advanced medical technology, pharmaceutical diagnostics, and AI, cloud and software solutions that help clinicians tackle the world’s most complex diseases. Serving patients and providers for 130 years, GE HealthCare is delivering bold innovations designed for the next era of medicine across its Advanced Imaging Solutions, Patient Care Solutions, and Pharmaceutical Diagnostics segments to help clinicians deliver more personalized, precise patient care. We are a $20.6 billion business with approximately 54,000 colleagues working to create a world where healthcare has no limits.
GE HealthCare is proud to be among 2026 Fortune World’s Most Admired Companies™.
Follow us on LinkedIn, Facebook, Instagram, or visit our website for our latest news and perspectives.
i COCIR. 2023. Medical Imaging Equipment Age Profile and Density: 2023 Edition.
https://www.cocir.org/wp-content/uploads/23060_COC_X-Ray-INTERVENTIONAL-scaled.jpg.
ii CleaRecon DL, designed to be used with Allia systems, is an option in 3DXR designed to be used with Allia systems and requires AW workstation with Volume Viewer. May not be available in all countries.
iii 3DStent solution includes Allia™ system, 3DXR and Volume Viewer Innova, and requires AW workstation with Volume Viewer. These applications are sold separately. Not available for sale in all countries. 3DStent is available on Allia™ IGS 5 with 20-cm or 30-cm detector and Allia™ IGS 7 with 30-cm detector.
iv OmnifyXR™ Augmented Reality Interventional Suite is a MediView product built in collaboration with and currently exclusively available with compatible GE HealthCare systems. OmnifyXR™ is intended to be used adjunctively to standard of care imaging. Proceduralists must refer to standard of care imaging and prioritize clinical experience and/or judgment when using the OmnifyXR™ system. OmnifyXR™ is not intended to be the sole visualization for any procedure.
v Embo ASSIST AI solution includes FlightPlan for Embolization with AI Segmentation option and requires AW workstation with Volume Viewer, Volume Viewer Innova, Vision 2, VesselIQ Xpress, Autobone Xpress. These applications are sold separately.
vi Medis QFR® is a product from Medis Medical Imaging.
vii AVVIGO+ is an option of Allia IGS 3, Allia IGS 5, Allia IGS 7, Allia IGS 7 OR. AVVIGO™+ is a trademark of Boston Scientific. AVVIGO™+ is manufactured and sold by Boston Scientific and is distributed by GE HealthCare. Refer to your Boston Scientific sales representatives for more information.
viii An AI-powered deep machine learning model trained on data from installed systems, leveraging aggregated error logs, parametric data, and historical service activity on eligible systems.
Tenable One Cloud Exposure získal autorizaci FedRAMP High a IL5, což rozšiřuje jeho využití v citlivých federálních prostředích včetně Ministerstva obrany USA a zpravodajských agentur.
COLUMBIA, Md., June 29, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced that Tenable One Cloud Exposure has achieved FedRAMP® High and Impact Level (IL) 5 authorization, one of the U.S. government’s most stringent security certifications. Part of the Tenable One Exposure Management Platform, Tenable One Cloud Exposure is an actionable cloud security solution that provides unified visibility and AI-powered contextual insights to help organizations proactively identify and close critical exposure gaps across the entire cloud lifecycle.
The milestone significantly expands Tenable’s opportunities to support highly sensitive federal environments, including those used by the Department of War (DoW) and intelligence agencies. This new authorization builds on Tenable FedRAMP Moderate authorizations for both Tenable One Cloud Exposure and Tenable One, further cementing its role as a long-standing and trusted partner in the public sector.
As federal agencies accelerate cloud modernization and AI adoption, they face an increasingly complex landscape of misconfigured workloads, fragmented security tools and new attack vectors. Tenable One Cloud Exposure consolidates critical cloud security functions, previously spread across multiple tools, into a single, cost-efficient solution. By leveraging advanced identity analytics, Tenable enforces Zero Trust principles that align with DoW CIO mandates to ensure mission-critical resilience, cyber readiness and operational effectiveness.
This authorization also enables Tenable to support new mission-critical use cases, including classified and tactical edge deployments, and offers a clear competitive advantage in the federal space. Purpose-built for sensitive government cloud environments, Tenable One Cloud Exposure is a comprehensive Cloud Native Application Protection Platform (CNAPP) that delivers:
Unified visibility across infrastructure, identities and workloadsProactive identity risk management and enforcement of least privilegeContinuous compliance with evolving federal cybersecurity standards
“Achieving FedRAMP High authorization is a powerful validation of our public sector commitment and our ability to protect the most sensitive cloud workloads,” said Bob Huber, Chief Security Officer and President of Tenable Public Sector, LLC. “We’re proud to provide federal agencies with a unified exposure management platform that meets their toughest challenges: reducing risk, maintaining compliance and securely adopting AI with confidence.”
Tenable One Cloud Exposure received FedRAMP high authorization through UberEther’s AIM Advantage platform.
More information on Tenable One Cloud Exposure FedRAMP High is available at: https://www.tenable.com/solutions/government/us-fed
About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for more than 40,000 customers around the globe. Learn more at https://www.tenable.com.
Winnebago Industries NYSE: WGO reported earnings on June 25, and the results showed a company dealing with a consumer who is under pressure. The company missed on its top and bottom lines and lowered its full-year guidance. Still, WGO ended the day up 14.4% on a day when the broader market was struggling to find direction.
Winnebago Industries Today
WGO
Winnebago Industries
$31.24 -0.12 (-0.37%)
As of 06/26/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$26.80▼
$50.16Dividend Yield4.48%
P/E Ratio22.97
Price Target$37.22
The company’s quarterly report could be neatly summarized in the first minute of the conference call.
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At that point, president and chief executive officer (CEO), Michael Happe, remarked: “Our fiscal third quarter results reflect a demand environment that remains challenged with limited near-term visibility to stable conditions.”
That sentiment was echoed in the company’s earnings presentation, which featured a slide titled “Managing the Controllables.” Highlighting these statements is not meant to be dismissive of the company.
Rather, those statements revealed the blunt reality facing the company, which investors must understand to put the outlook for WGO in context.
Analysts and Industry Data Foreshadowed a Tough QuarterThe company’s weak Q3 2026 earnings report was foreshadowed by analysts who lowered their price targets ahead of the report. On June 23, Roth Mkm and Benchmark both lowered their targets for WGO to $32 and $40 from $38 and $48.
That goes along with the summer 2026 forecast from the RV Industry Association, which revised its forecast for shipped units to a range of 300,000 to 328,100 with a median of 314,000 units. At the median, that marks an 8.2% year over year decline.
Winnebago’s report aligned with that outlook. The company delivered revenue of $698.70 million, below estimates of $755.68 million. Adjusted earnings per share (EPS) of 66 cents were also below the estimates of 81 cents. Making matters worse, those numbers were down approximately 10% and 18% year-over-year, respectively.
Some context softens the blow. The company's gross margin came in at 13.6%, essentially flat with the 13.7% reported in the year-ago quarter. That suggests Winnebago is preserving pricing discipline even as volume contracts. On a GAAP basis, net income was $14.5 million, or 51 cents per diluted share. That's still a profitable quarter in what management plainly called a challenged demand environment.
A Different Consumer Meets a Different WinnebagoThe recreational vehicle (RV) industry thrived in 2020 and 2021. Consumers looking to travel but remain socially distant leaned hard into the outdoor lifestyle, including RVs. The benefit of low interest rates to accommodate financing and stimulus money flowing caused a boom for many RV makers, including Winnebago.
But those days are a distant memory. The macroeconomic picture is inverted, and the industry is faced with more “choiceful” consumers. The interest is still there; the commitment is lacking.
That fits into the bucket of things Winnebago can’t control.
However, while the state of the consumer is different, so is Winnebago. WGO trades right around where it was in 2019. But since the end of its 2019 fiscal year, the company acquired Newmar. Then, in 2021, it added Barletta Boats. More recently, the company acquired the Grand Design motorhome brand. That’s given the company several new revenue streams, and the company’s report makes it clear that the Newmar and Grand Design brands were bullish outliers in an otherwise poor quarter.
But that’s not showing up in the numbers. Winnebago made downward revisions to its full-year guidance. The company now expects revenue between $2.65 billion and $2.75 billion and adjusted EPS of $1.65 to $2.. Those don’t suggest growth, but if they are a worst-case scenario, it could explain the post-earnings price action
The WGO Chart Hints at a Short-Term SetupThe setup on the chart is worth a closer look. WGO gapped higher on Thursday to close at $30.87 on volume of 1.4 million shares. The move reclaimed the 50-day simple moving average (SMA) at $30.18 in a single session, flipping a key short-term resistance level into support.
The pattern rhymes with a setup from late summer 2025. Back then, the stock built a multi-week base near $28 to $30 before breaking out and spiking through the fall. WGO has spent the last two months consolidating in that same price zone, and Thursday's surge on outsized volume could mark the start of a similar leg higher.
Momentum indicators are starting to confirm. The moving average convergence divergence (MACD) line has crossed above its signal line, and the histogram has flipped positive. That's an early bullish trigger, though it needs follow-through to carry weight.
Resistance sits in the $36 to $38 zone, where the stock topped last fall, and again near $44, where buyers stalled in February. A failure to hold the $28 level would invalidate the setup. For investors who can stomach the cyclical risk, the current reaction offers a defined-risk entry into a name already trading at depressed multiples.
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Darden Restaurants' NYSE: DRI stock price is on track to hit new highs because its high-quality business is outperforming peers, growing across brands, generating ample cash flows, and sustaining a robust capital return program. The capital return program is a significant factor in 2026, with investors reducing exposure to high-risk tech stocks in favor of safer havens. For Darden Investors, that means a reliable dividend with market-beating yield and aggressive share buybacks.
Darden Restaurants Today
DRI
Darden Restaurants
$213.79 +0.07 (+0.03%)
As of 06/26/2026 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$169.00▼
$222.56Dividend Yield2.81%
P/E Ratio20.60
Price Target$228.32
Dividends yield 2.8% with shares trading near record highs. The record highs are another significant factor in 2026, as DRI’s price action has been winding up within a range for the past 18 months. Assuming a break to new highs, the technical setup suggests a $60 upside from the critical resistance level, potentially reached within months. Triggers for the market include expected dividend increases, which have been growing at a double-digit annual rate, and buybacks.
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Darden’s management expressed high confidence in future cash flows by increasing its buyback allotment. The fiscal-year authorization of $1.5 billion represents more than 6% of the late-June market, keeping the company on track to sustain its aggressive pace. As it stands, the fiscal year 2026 (FY2026) activity reduced the count by an average of 1.7% for the year and by 2.2% for Q4 FY2026.
Darden Gobbles Up the Competition in Fiscal Q4Darden Restaurants had a solid quarter with revenue growing by 13.7% to $3.72 billion. Earnings results were strong, even accounting for an extra week in the quarter. Comps were up by 4.6% across the network. Longhorn Steakhouse led, growing by 9.5%, followed by a 4.6% increase in Other, a 2.4% increase at Olive Garden, and a 1.9% increase at Fine Dining establishments. New stores accounted for 2% of the growth.
Margin news was also good. The company managed to control costs and drive improved bottom-line results. Adjusted earnings grew by an accelerated 22.8%, nearly doubling the top-line advance, and outpaced the consensus despite a slim miss in revenue. Looking ahead, earnings strength is expected to continue, as reflected in the guidance. The only bad news is that the earnings-per-share mid-point of $11.225 was below the consensus estimate, which could produce a headwind for near-term price action.
Analysts and Institutions Support Darden Restaurants Stock in 2026Analysts' bullish trends provide support for the market. MarketBeat tracks 27 who rate the stock as a consensus Moderate Buy with 63% Buy-side bias in the data. The consensus price target assumes fair value near the current all-time high, but recent revisions are pushing the upper end of the range. Bank of America set a high target in early June of $276, well above the existing high and nearly a 30% gain from the pre-release close.
Overall MarketRank™76th Percentile
Analyst RatingModerate Buy
Upside/Downside6.8% Upside
Short Interest LevelBearish
Dividend StrengthModerate
News Sentiment0.62 Insider TradingSelling Shares
Proj. Earnings Growth9.56%
See Full Analysis
Institutional activity also reflects support and a high potential for this group to buy DRI shares upon price weakness. They own about 94% of the stock and have been aggressively accumulating at a $2-to-$1 pace over the trailing 12 months. Their activity ramped up in late 2025 and early 2026 as price action pulled back from near-record highs, and will likely do so again when a discount presents itself. Short interest is mildly elevated at nearly 5%, but not a problem at this time, more likely tied to hedging activity than bearish trading.
Darden’s stock price fell about 3% in premarket trading following earnings release, before recovering partially after the open. Long-term, the decline could extend further. The caveat is that this market pulled back to a congestion zone where buyers are likely waiting.
The more likely scenario is that the DRI price stock bottoms quickly, confirming support in the $190 to $200 range by summer’s end, while the less likely scenario is that price action falls significantly further. The critical support target is $190; a move below it could trigger a fall to $175 or lower.
Darden’s biggest risks this year are consumer trends and commodity prices. Consumer trends are sluggish, impaired by inflationary pressures, but not yet reflected in DRI results. Commodity pricing, specifically beef, is a more pressing issue impairing restaurant-level margins. The company’s solution is to increase prices slowly, trailing inflation, to keep consumers coming back while mitigating cost increases.
Other offsets include operational efficiencies, scaling purchase agreements across brands, and hedging activities in anticipation of future price changes. Catalysts include the integration and scaling of its acquisitions, the conversion of Bahama Breeze to new formats, and the expansion of its footprint. The 2027 guidance includes plans for up to 80 new stores, a 3.6% increase relative to 2026’s final count.
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Martin Marietta Materials se spojí s Lhoist North America v transakci za 13,5 miliardy USD, financované 7 miliardami USD v hotovosti a akciemi za 6,5 miliardy USD.
A specialist trader works at the post where Martin Marietta Materials is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 6, 2017. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab
SummaryCompaniesMartin Marietta to fund the deal with $7 billion cash and $6.5 billion in sharesThe Berghmans family would own roughly 15% of Martin Marietta after deal closesThe transaction would add 2 billion tons of limestone reserves in Sun Belt corridorsJune 29 (Reuters) - Martin Marietta Materials (MLM.N), opens new tab said on Monday it would merge with limestone supplier Lhoist North America in a cash-and-stock deal worth $13.5 billion, as the building material firm looks to tap growing demand for lime products.
Shares of the Raleigh, North Carolina-based company were down about 3% in premarket trade.
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Martin Marietta will use a mix of $7 billion in cash along with shares valued at $6.5 billion to fund the deal, the company said. It expects to realize about $85 million in annual run-rate cost synergies.
Martin Marietta CEO Ward Nye said demand for high-quality lime products is expected to remain resilient for decades to come, due to investment in infrastructure, advanced manufacturing, energy development and industrial expansion in the U.S.
There has been a surge in dealmaking in the U.S. building-products industry as the data center construction business booms, along with new housing, repairs and renovations.
Last week, Ireland's CRH (CRH.N), opens new tab said it would acquire Arcosa (ACA.N), opens new tab in an all-cash deal valued at about $8.5 billion, in a bid to capitalize on rising demand for U.S. energy and utility infrastructure.
Lhoist's Berghmans family - which owns the privately held Lhoist Group, a Belgian industrial company - would own roughly 15% of Martin Marietta upon the deal's close.
The transaction would add quarries, production facilities, distribution terminals and 2 billion tons of limestone reserves in Sun Belt metropolitan corridors to Martin Marietta's portfolio.
Lhoist North America makes hi-calcium lime, dolomitic lime and industrial mineral products used in domestic steel manufacturing, infrastructure and heavy non-residential construction across North America.
The deal is expected to be completed in the second half of 2026, subject to regulatory approvals.
Reporting by Anshuman Tripathy in Bengaluru; Editing by Shailesh Kuber and Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles., opens new tab
FactSet oznámil partnerství s TIFIN.AI a strategickou investici do firmy, aby urychlil nasazení AI workflow pro správu majetku. První nástroje mají zvyšovat produktivitu poradců a personalizaci služeb.
June 29, 2026 08:30 ET | Source: FactSet Research Systems Inc.
The partnership brings FactSet’s trusted financial intelligence directly into agentic advisor workflows, helping advisors deliver personalized service at scale
NORWALK, Conn., June 29, 2026 (GLOBE NEWSWIRE) -- FactSet, a leading global data and AI solutions provider to the financial markets, today announced a partnership with TIFIN.AI, a leading AI platform for the wealth, asset management, and insurance industries, to accelerate the delivery of next-generation AI-powered workflows for wealth management firms. To further cement this long-term collaboration, FactSet has also made a strategic investment in TIFIN.AI, reflecting both companies’ commitment to accelerating the adoption of AI-powered workflows and advancing innovation across the wealth management sector.
Through the partnership with TIFIN.AI, FactSet will offer solutions to increase advisor productivity, deepen client engagement, and deliver personalized client service. FactSet’s clients will gain access to a growing suite of AI-powered capabilities integrated within FactSet Workstation and the broader wealth management ecosystem, with opportunities to expand across additional wealth management workflows over time. Initial solutions include:
Meeting Prep Agent: generates client-ready summaries, action items, portfolio insights, and personalized talking points in minutes, so advisors can focus less on prep and more on building meaningful client relationships.Book Intelligence Agent: surfaces actionable insights across an advisor’s book of business to help identify portfolio opportunities, strengthen client engagement, and prioritize outreach. The new suite features:
Institutional-Grade Intelligence: a combination of FactSet’s institutional-grade market data, analytics, and wealth management capabilities paired with TIFIN.AI’s purpose-built agentic workflow technology.Seamless Workflow Integration: the solution is designed to embed directly into advisor workflows, enabling firms to enhance productivity without disrupting existing operating models.Secure Enterprise-Ready Architecture: TIFIN.AI’s engine will operate entirely within FactSet’s infrastructure, ensuring client portfolio data remains inside FactSet’s environment.Auditable AI: the solution leverages FactSet's domain-specific answers engine and auditable workflows, providing firms with traceability into generated insights and helping mitigate hallucination risks associated with generic large language models. "This partnership reflects FactSet's continued commitment to helping wealth management firms modernize advisor workflows through practical, enterprise-grade AI solutions," said Kristina Karnovsky, Executive Vice President, Co-Head of Product at FactSet. "By combining FactSet's trusted data infrastructure and analytics capabilities with TIFIN's agentic workflow technology, we are enabling firms to deliver more personalized client experiences at scale while maintaining the transparency, governance, and operational rigor the industry requires. We are excited to continue building agents that drive innovation and efficiency for our wealth clients across critical workflows."
“FactSet’s strategic partnership reflects a shared belief that agentic workforces will play an important role in the future of wealth management,” said Harshendu Bindal, CEO of TIFIN.AI. “By combining FactSet’s trusted intelligence with our agentic capabilities, we are advancing a new generation of advisor workflows.”
Full details on FactSet’s AI solutions for wealth are available here: www.factset.com/marketplace/catalog/product/factset-ai-for-wealth.
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that power our clients to maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy-side, sell-side, wealth management, private equity, and corporate sectors. With over 47 years of expertise, offices in 19 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 9,000 global clients and over 241,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at
www.factset.com and follow us on
X and
LinkedIn.
About TIFIN.AI
TIFIN.AI is an AI platform for wealth, asset management, and insurance. The company builds
agentic workforces to augment functions across wealth. Its systems connect data, software and
workflows, with the goal of delivering better wealth outcomes for more people.
FactSet Investor Relations:
Kevin Toomey
+1.212.209.5259 [email protected]
FactSet Media Relations:
Alexandra Shevchenko
+44 075 1813 1115 [email protected]
Saab podepsal s Polskem kontrakt za 47 miliard korun na tři ponorky A26. Součástí je i výzbroj, výcvik a podpora; dodávky mají být dokončeny v roce 2038.
The Saab Technologies logo is displayed during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike/File Photo Purchase Licensing Rights, opens new tab
STOCKHOLM, June 29 (Reuters) - Sweden's Saab (SAABb.ST), opens new tab said on Monday it had signed a 47 billion crown ($4.83 billion) contract with Poland for three A26-type submarines.
Saab said in a statement the contract also includes a weapon package and a training and support package with final deliveries scheduled for 2038.
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Poland announced last year that it had chosen Saab to supply it with three submarines, in a multi-billion-dollar deal that forms a key element of Warsaw's efforts to bolster its defences in the Baltic Sea.
"Sweden and Poland have successfully concluded negotiations on Poland's acquisition of three A26 submarines from Saab," the Swedish government said in a separate statement.
"The agreement is a significant step in strengthening Poland's naval capabilities and at the same time contributes to Sweden and Poland deepening their security and industrial policy cooperation," it said.
($1 = 9.7251 Swedish crowns)
Reporting by Anna Ringstrom and Johan Ahlander, editing by Essi Lehto
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Pendle se během necelých dvou týdnů dostal na 5. místo mezi protokoly na Monad s TVL kolem 51,25 milionu USD. Za stejnou dobu zaznamenal také objem obchodů ve výši 22 milionů USD.
Pendle needed less than two weeks to muscle its way into Monad’s top five protocols. The yield-trading platform launched on the chain around June 19 and has already accumulated roughly $51.25 million in total value locked, placing it fifth among all protocols on the network.
That’s not a slow drip of capital, either. Pendle also generated $22 million in trading volume during the same stretch, suggesting traders aren’t just parking assets. They’re actively using the platform.
Where Pendle fits in Monad’s growing DeFi landscape Monad’s total DeFi TVL sits near $366 million. Euler V2 leads the pack with approximately $110 million, followed closely by K3 Capital at around $108 million. Pendle, at fifth, is roughly half the size of those leaders but growing at a pace that makes the gap feel temporary.
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Monad only activated its mainnet in late 2025, which means the entire ecosystem is still young. The protocol sweetened the deal with weekly incentives of up to $100,000 for participants in its AUSD and earnAUSD yield pools.
What Pendle actually does, and why it matters Pendle is a yield tokenization protocol. It lets users split yield-bearing assets into two separate tokens, one representing the principal and one representing the future yield. Want a fixed yield on your deposit? You can lock it in. Want to speculate that yields will go higher? You can buy just the yield token with leverage.
The platform describes itself as the largest yield-trading platform globally, with over 100 historical protocol deployments across multiple blockchains. Across all chains, Pendle’s total ecosystem TVL sits at approximately $933 million. The Monad deployment, at $51.25 million, represents about 5.5% of that total.
Sky Money’s fixed-yield products on Pendle provide a useful benchmark here. Those products alone amassed between $50 million and $51 million in TVL within two weeks of launch, essentially matching what Pendle achieved on Monad in the same timeframe.
What this means for investors The $100,000 weekly incentive budget is generous, but incentive-driven launches tend to follow a predictable arc: TVL spikes during the rewards period, then either stabilizes at a lower level or collapses entirely once the money faucet turns off.
For traders specifically, Pendle’s yield tokenization mechanics create trading opportunities that simply don’t exist on standard lending protocols. The ability to take directional positions on yields, rather than just passively earning them, adds a layer of sophistication to Monad’s DeFi toolkit. The $22 million in ten-day trading volume suggests early adopters already understand this.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Booz Allen Hamilton oznámila partnerství s OpenAI pro rychlejší a bezpečnější nasazení AI pro obranné, zpravodajské i komerční operace. Dohoda má firmám přinést nové technické know-how, přehled o roadmapě, technickou podporu a školení.
Accelerating secure AI deployment for U.S. agencies and commercial enterprises
MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced a new partnership with OpenAI to promote advanced AI innovation across national security and critical infrastructure missions. With OpenAI, Booz Allen will share mission and model insights that enable faster, more secure deployment of AI solutions tailored to defense, intelligence, and commercial operations.
"Keeping pace with fast‑moving frontier models is mission‑critical for our customers... Our partnership gives agencies and enterprises the edge to move faster and drive AI adoption across the most complex operating environments." -Bryce Pippert, Booz Allen
Share“Keeping pace with fast-moving frontier models is mission-critical for our customers. They need the best AI ready for real-world operations. Our partnership gives agencies and enterprises the edge to move faster and drive AI adoption across the most complex operating environments,” said Bryce Pippert, executive vice president leading ventures and partnerships at Booz Allen.
The partnership creates a powerful feedback loop between model developers and frontline practitioners, enabling both organizations to move at the speed of technological change while delivering scalable AI that meets the highest standards for security, reliability, and impact.
“AI is only as strong as the environment it runs in. Our partnership with Booz Allen brings secure AI to the frontlines of national security missions and beyond,” said Joe Larson, vice president, OpenAI for Government.
The partnership expands on existing collaboration between the companies, giving Booz Allen engineers new access to OpenAI’s roadmap insights, technical enablement, and training resources. This builds on the multi-tier AI upskilling programs, digital badging, and Technical Experience Groups (TXGs) that connect Booz Allen’s top technical talent with emerging mission needs to accelerate secure AI deployment for customers.
About Booz Allen Hamilton
Booz Allen is an advanced technology company. We build commercial-grade products and solutions for America’s most critical defense, civil, and national security priorities. For more information, visit www.boozallen.com. (NYSE: BAH)
Nintendo dnes vyplatí první z letošních dvou dividend ve výši 177 JP¥ na akcii, tedy 17 700 JP¥ za 100 akcií. Oproti prosincové dividendě 42 JP¥ je to nárůst o 321,43 %.
Nintendo (TYO: 7974) is preparing to deliver the first of its two yearly dividends today, June 29, when shareholders are going to receive a dramatically larger payout than six months ago.
Notably, the company announced a payment of JP¥177 ($1.09) per share, meaning investors holding 100 Nintendo shares will receive JP¥17,700 ($109) in semiannual dividends, or P¥35,400 ($218) this year if the payout remains unchanged.
As such, today’s payout represents a 321.43% increase from Nintendo’s most recent dividend of JP¥42 ($0.26) per share paid in December 2025, according to DivvyDiary data.
Nintendo dividends calendar. Source: DivvyDiary To be eligible for the payout, shareholders must own Nintendo stock as of the March 30 ex-dividend date.
Note that for investors outside Japan, the company’s American Depositary Receipts (ADRs) trade on the U.S. over-the-counter (OTC) markets under the ticker NTDOY.
Nintendo dividend history The upcoming Nintendo stock dividend thus marks a sharp rebound from the company’s latest payment cycle.
Namely, in 2025, Nintendo paid a total annual dividend of JP¥127 ($0.78) per share, consisting of a JP¥85 ($0.52) payment in June and a significantly smaller JP¥42 ($0.26) payment in December, which represented a 50.59% decline.
Now, the June 29 JP¥177 ($1.09) dividend not only exceeds the December payout by more than four times but also stands JP¥92 ($0.57) higher than the company’s larger June 2025 distribution of JP¥85 ($0.52).
The increase comes as the gaming giant’s stock is down about 35% year-to-date. As a result, the substantial improvement in shareholder returns is seen by many as potentially reflecting stronger earnings expectations, capital allocation decisions, or improved business performance heading into fiscal 2026.
What’s more, the Japanese company also raised employee salaries by 10% just two days prior, and its shares were up roughly 5% on the daily chart at the time of writing, which has boosted confidence in management’s vision and the firm’s financial position.
Featured image via Shutterstock
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Comstock Metals oznámila, že do závodu dorazilo a bylo smontováno veškeré zařízení pro průmyslovou linku na recyklaci solárních panelů. Tři jednotky už byly zprovozněny a otestovány, plný provoz má začít do konce července 2026.
VIRGINIA CITY, Nev., June 29, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and Comstock Metals LLC (“Comstock Metals”), a leader in the responsible recycling of end-of-life solar panels with the only certified, North American, zero-landfill solution, announced today that all of the industry-scale facility precision equipment and unit operations have arrived and are assembled. Three of those unit operations have been commissioned and tested and are undergoing integration to date: the robotic loading arms, the Eddy system, and the washing system. This represents significant progress toward the full commissioning, start-up and continuous operation of the 100,000 ton per year solar panel recycling production line.
“We are pleased to report that, as of last week, we completed the “tuning” of the entire glass-upgrading Eddy system, including full capacity stress-testing. The unit met and exceeded its quality and capacity performance requirements operating at full capacity levels and working towards delivering clean glass that meets or exceeds all the quality specifications communicated from our customers,” stated Corrado De Gasperis, CEO of Comstock Inc.
“A production plant comes to life the way a finely tuned orchestra does. Each instrument is tuned individually to make sure it is working and if not, then retuned, and then stress-tested at volumes representing the equipment’s stated capacities, and only then does the true performance begin,” stated Dr. Fortunato Villamagna, Comstock Metals’ President. “Our plant is moving through that same sequence, and the instruments, the nine distinct unit operations that make up our process, are now being tuned one by one.”
“The start-up sequence is largely dictated by the engineering requirements and, in part, in response to requests for materials and samples from the growing population of our potential offtake customers,” continued Villamagna. “We are currently stress-testing the other two-unit operations that are now calibrated, while beginning the “tuning process” for the next three in the sequence.”
Commissioning, and all aspects of integration, tuning, and staged stress-testing will continue through late July 2026, when continuous operations will commence. The first full month of operation will begin within the next two months.
About Comstock Inc.
Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics. To learn more, please visit www.comstock.inc.
Comstock Social Media Policy
Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Contacts
For investor inquiries:
Judd B. Merrill, Chief Financial Officer
Tel (775) 413-6222 [email protected]
For media inquiries:
Zach Spencer, Director of External Relations
Tel (775) 847-7573 [email protected]
Forward-Looking Statements
This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “forecast,” “seek,” “target,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances and business combinations; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings of equity or debt securities; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company or any other issuer.
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Vertical Aerospace uzavřela s Astronics dlouhodobou dohodu o dodávkách nízkonapěťového rozvodu pro eVTOL Valo. Systém je už integrován do letového testovacího prototypu.
LONDON & EAST AURORA, N.Y.--(BUSINESS WIRE)--Vertical Aerospace ("Vertical" or the "Company") (NYSE: EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced a long-term agreement with Astronics Corporation (NASDAQ: ATRO), a leading provider of advanced technologies for the global aerospace, defense and other mission critical industries, to supply the low-voltage ("LV") power distribution system for Vertical's Valo electric vertical take-off and landing (eVTOL) aircraft.
Under the agreement, Astronics will provide the aircraft's LV power distribution system, including power conversion and distribution hardware that manages and protects electrical power for critical aircraft systems. The system converts high-voltage electrical power from the aircraft's propulsion architecture into low-voltage power used by avionics, flight controls and other essential onboard systems.
Astronics has supported Vertical throughout the prototype phase of aircraft development, with its hardware already integrated into Vertical's piloted flight test aircraft. The company's purpose-built eVTOL electrical power solutions and extensive aerospace experience make it the ideal supplier for Valo as Vertical advances toward certification and commercial production.
This agreement further strengthens Vertical's supplier ecosystem across Valo’s key aircraft systems, including leading suppliers such as Honeywell (flight control and aircraft management systems), Aciturri (airframe structures), Evolito (electric propulsion units), Hyundai WIA (landing gear), Syensqo (composite materials) and Isoclima (transparencies).
Stuart Simpson, CEO of Vertical Aerospace, said:
"Building a certifiable aircraft requires not only breakthrough technology, but also a world-class supplier ecosystem. Astronics brings deep expertise in aircraft electrical power systems and has already demonstrated its capabilities through our flight test programme. This agreement is another important step as we mature Valo's design, strengthen our supply chain and advance toward certification and commercial production."
Jon Neal, President of Astronics Advanced Electronic Systems, said:
"Astronics is proud to be working with Vertical Aerospace as the supplier of their power distribution system for the Valo aircraft. Our CorePower® system is purpose-built for eVTOL applications, combining high-voltage power conversion with low-voltage power distribution delivering reliable, fault-protected power to flight-critical systems including avionics, flight controls, and navigation. CorePower was designed from the ground up to meet aerospace certification standards, giving our customers a lightweight, compact solution that reduces integration risk and supports their path to type certification. We look forward to continuing our close collaboration with the Vertical team through CDR and Valo's entry into service.”
The announcement follows continued progress on the Valo programme as Vertical advances toward Critical Design Review (CDR), establishing the certifiable design baseline for the aircraft ahead of certification-conforming aircraft production and testing.
About Astronics Corporation
Astronics Corporation (Nasdaq: ATRO) serves the world’s aerospace, defense, and other mission critical industries with proven, innovative technology solutions. Astronics works side-by-side with customers, integrating its array of power, connectivity, lighting, structures, interiors, and test technologies to solve complex challenges. For over 50 years, Astronics has delivered creative, customer-focused solutions with exceptional responsiveness. Today, global airframe manufacturers, airlines, militaries, completion centers and Fortune 500 companies rely on the collaborative spirit and innovation of Astronics. The Company’s strategy is to increase its value by developing technologies and capabilities that provide innovative solutions to its targeted markets. For more information on Astronics and its solutions, visit Astronics.com.
About Vertical Aerospace
Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner, and quieter way to travel. Valo is a piloted, four-passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical is also developing a hybrid-electric variant, offering increased range and mission flexibility to meet the evolving needs of the advanced air mobility market.
Vertical combines partnerships with leading aerospace companies, including Honeywell, Syensqo and Aciturri, with its own proprietary battery and propeller technology to develop the world's most advanced and safest eVTOL.
Vertical has c.1,500 pre-orders of Valo, with customers across four continents, including American Airlines, Avolon, Bristow, GOL and Japan Airlines. Certain customer obligations are expected to be fulfilled via third-party agreements. Headquartered in Bristol, UK, Vertical's experienced leadership team comes from top-tier aerospace and automotive companies such as Rolls-Royce, Airbus, GM, and Leonardo. Together, they have previously certified and supported over 30 different civil and military aircraft and propulsion systems.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. Any express or implied statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements regarding a long-term supply agreement with Astronics to supply the low-voltage power distribution system for Valo, the design and manufacture of our aircraft and the hybrid-electric variant, certification and the commercialization of our aircraft and our ability to achieve regulatory certification of our aircraft product on any particular timeline or at all, the features and capabilities of the aircraft, business strategy and plans and objectives of management for future operations, including the building and testing of our prototype aircrafts on timelines projected, completion of the piloted test programme phases, selection of suppliers; as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate,” “will,” “aim,” “potential,” “continue,” “are likely to” and similar statements of a future or forward-looking nature. Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 24, 2026, as such factors may be updated from time to time in our other filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today that it has been added as a member of the Russell 2000® and the Russell 3000® indexes, effective when the US market opens on June 29, as part of the first 2026 Russell indexes reconstitution.
The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for half a year beginning 2026, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. For more information on the Russell 2000 and 3000 Indexes and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
“Our inclusion in the Russell 2000 and Russell 3000 indexes is a meaningful milestone for Perma-Pipe and a reflection of the progress we have made in growing the Company and creating value for our shareholders," said Saleh Sagr, President and Chief Executive Officer of Perma-Pipe. "Building on our record fiscal 2025 results, this recognition enhances our visibility within the investment community and supports our ongoing commitment to greater transparency and engagement with shareholders and investors as we continue to execute our global growth strategy."
Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. (the “Company”) is a global leader in pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids. In total, the Company has operations at fourteen locations in seven countries.
Forward-Looking Statements
Certain statements and other information contained in this press release that can be identified by the use of forward-looking terminology constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby, including, without limitation, statements regarding the expected future performance and operations of the Company. These statements should be considered as subject to the many risks and uncertainties that exist in the Company's operations and business environment. Such risks and uncertainties include, but are not limited to, the following: (i) fluctuations in the price of oil and natural gas and its impact on customer order volume for the Company's products; (ii) the Company’s ability to purchase raw materials at favorable prices and to maintain beneficial relationships with its suppliers; (iii) decreases in government spending on projects using the Company’s products, and challenges to the Company’s non-government customers’ liquidity and access to capital funds; (iv) the Company’s ability to repay its debt and renew expiring international credit facilities; (v) the Company’s ability to effectively execute its strategic plan and achieve sustained profitability and positive cash flows; (vi) the Company's ability to collect a long-term account receivable related to a project in the Middle East; (vii) the Company’s ability to interpret changes in tax regulations and legislation; (viii) the Company's ability to use its net operating loss carryforwards; (ix) reversals of previously recorded revenue and profits resulting from inaccurate estimates made in connection with the Company’s "over-time" revenue recognition; (x) the Company’s failure to establish and maintain effective internal control over financial reporting; (xi) the timing of order receipt, execution, delivery and acceptance for the Company’s products; (xii) the Company’s ability to successfully negotiate progress-billing arrangements for its large contracts; (xiii) aggressive pricing by existing competitors and the entrance of new competitors in the markets in which the Company operates; (xiv) the Company’s ability to manufacture products free of latent defects and to recover from suppliers who may provide defective materials to the Company; (xv) reductions or cancellations of orders included in the Company’s backlog; (xvi) risks and uncertainties specific to the Company's international business operations; (xvii) the Company’s ability to attract and retain senior management and key personnel; (xviii) the Company’s ability to achieve the expected benefits of its growth initiatives; (xix) the impact of pandemics and other public health crises on the Company and its operations; and (xx) the impact of cybersecurity threats on the Company’s information technology systems. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at https://www.sec.gov and under the Investor Center section of our website (http://investors.permapipe.com.)
More News From Perma-Pipe International Holdings, Inc.
SpaceX vydala dluhopisy za 25 miliard USD a poptávka byla obrovská, téměř 90 miliard USD v objednávkách. Emise ale vyvolala obavy z vysokých kapitálových výdajů a budoucího refinancování.
SpaceX's $25 billion foray into debt markets appeared to be well received by bond markets last week, with huge demand for the offering.
But one of the biggest-ever AI bond issuances, less than two weeks after SpaceX's IPO, has highlighted the group's intense financing needs, capital spending plans and future refinancing obligations — and posed a diversification challenge for investors.
Why SpaceX tapped debt marketsThe group tapped debt markets on June 22, announcing a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion, which was then increased to $25 billion. The company said it would use the net proceeds to "repay the outstanding borrowings under its bridge loan facility in full, to pay related fees and expenses, and any remaining amount for general corporate purposes."
SpaceX stock soared after its hotly-anticipated IPO. Last week's debt issuance dented investor confidence.
SpaceX received nearly $90 billion worth of orders, people familiar with the fundraising previously told CNBC. They asked not to be named because the details are private.
But the move appeared to unnerve equity investors, with SpaceX falling more than 13% for the week after a strong post-IPO run.
Chris Beauchamp, chief market analyst at IG, said SpaceX will increasingly have to "work hard to make itself heard," adding there are plenty of offerings from more profitable concerns that can steal the limelight.
"Equity investors are one thing, but bond guys are the grown-ups in the room," Beauchamp told CNBC via email. "SpaceX might find it has its work cut out for it, but I suspect the market can absorb the issuance overall."
"The timing certainly isn't great, but we have seen brief bouts of panic like this before, and the wagon tends to roll onwards in the end."
Christopher Della Fave, senior vice president, capital markets at Post Oak Group, said: "Two weeks after the largest IPO in history, SpaceX is already tapping debt markets while carrying a $5 billion net loss and capex that more than doubled year over year."
Why SpaceX bonds raise diversification questionsDella Fave said SpaceX's losses and high capital expenditure aren't "alarming" in isolation, as "capital-intensive growth companies run hot."
However, he highlighted "the structural issue" that "investors aren't pricing in."
"Owning SPCX equity and SpaceX bonds isn't diversification," Della Fave added. "It's the same execution risk across two instruments."
"Starlink has to scale. Starship has to work. Both the equity story and the debt service depend on it. For portfolio construction, we treat total SpaceX exposure as a single concentrated position regardless of instrument, the same way you'd approach any single-name technology bet dressed up as a multi-asset allocation."
SpaceX's multi-billion-dollar debt issuance means many investors have become exposed to the group via two different asset classes – equities, via its blockbuster IPO on June 12 – and now, corporate bonds.
"Nearly all investors already hold allocations to US technology and the purpose of bonds as an asset class is surely to diversify," Julian Howard, multi-asset head at Gam, told CNBC on Friday.
He pointed out that SpaceX's 10-year issue is trading at a relatively tight spread to the equivalent U.S. Treasury of 1.4 percentage points.
In the debt sale, SpaceX priced bonds in five different tranches, with notes due between 2031 and 2056. Rates vary from 5.35% for the 2031 bonds to 6.65% for the 2056 notes.
"While that is comfortably ahead of inflation, the risk will be that spreads will widen if there is any hint of SpaceX not meeting its ambitious revenue targets, or if the outlook for tech and AI falters in any way," he added.
In the long term, SpaceX faces two big challenges in the markets, said Morningstar chief investment officer Mike Coop.
"Firstly, the supply of shares will go up as early investors lighten up exposures and monetize gains," he told CNBC.
"Secondly, the current price is too high given the massive uncertainty around the company's prospects and its starting point of being heavily loss making and requiring huge capital investment."
SummaryCompaniesAntitrust case is Apple's biggest regulatory headache in IndiaApple asks for investigation findings to be quashedCompany says it is a 'minuscule player' in IndiaIndia watchdog probe found Apple engaged in 'abusive conduct'NEW DELHI, June 29 (Reuters) - Apple has accused Indian antitrust investigators of "copy-pasting" its rivals' claims and failing to properly conduct its own investigation in concluding the U.S. tech giant breached competition laws, calling for the findings to be quashed, regulatory papers reviewed by Reuters showed.
The June 25 Apple (AAPL.O), opens new tab submission, being reported for the first time, marks the sharpest escalation yet in Apple's fight with the Competition Commission of India (CCI), where Tinder-owner Match (MTCH.O), opens new tab and Indian startups are among its opponents.
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In 2024, CCI investigators privately issued a report saying Apple engaged in "abusive conduct" on the apps platform of its iOS operating system, and wrongly mandated the use of its payment system.
Apple has denied the allegations. It said in its submission that it was a "minuscule player" with an under 6% share of India's smartphone market, and the investigation conclusions were built on rivals' claims rather than on the CCI's independent analysis.
Apple said any "forced alterations to Apple's carefully designed App Store could disrupt its integrated business model," and argued against any penalties and behavioural remedies that could force it to change its approach.
"The imposition of remedies would create regulatory uncertainty and could deter investments in India's digital economy," the company added.
The CCI and its head of investigations did not respond to Reuters queries. Apple also did not respond to requests for comment.
Similar arguments by other big companies have failed to sway the CCI. In 2023, Alphabet's (GOOGL.O), opens new tab Google argued in its antitrust case that CCI's order risked stalling its growth, but the company was later forced to make changes to the way it promoted its Android system, which dominates the Indian smartphone market.
Senior officials from the CCI are due to hold a closed-door hearing with all parties in the case on July 21.
'COPY-PASTING' ALLEGATIONSIn its submission, Apple drew up tables to argue the CCI investigation team had not done its own analysis and instead indulged in "copy-pasting" many submissions from opponents in the case such as Match, Walmart's Indian payments app, PhonePe, and Indian rival Paytm.
"The DG (Director General) made no effort whatsoever to independently verify or critically assess these statements, often parroting them verbatim," Apple said.
Match, Paytm and PhonePe did not respond to Reuters requests for comment.
Apple also said the CCI investigation reports "blindly replicated" a graphic on worldwide consumer spending on mobile apps and games from an EU ruling against Apple in 2024, even though India faced different market conditions.
A Reuters review of footnotes of the EU order and Indian investigation report showed both referenced data from Statista, an online research website.
In 2023, Google also argued Indian investigators copied parts of a European ruling. "We have not cut, copy and pasted," CCI said at the time.
WATCHDOG SAYS APPLE STALLING CASEApple is facing antitrust challenges around the world, from Europe to the United States.
The Indian case, however, is progressing at a time when Apple faces many supply chain issues, including a data breach at its Indian contract manufacturer Tata.
The watchdog has accused Apple of stalling the case for more than two years by not submitting responses to the investigation findings and pursuing a parallel challenge to India's antitrust penalty law, which allows for potential fines of up to 10% of company turnover in the previous three years. The CCI has not said which Apple revenues might be considered but any fine could potentially run into millions of dollars.
Apple submissions show it has submitted the "relevant turnover of Apple in India" for fiscal years 2022-24 as required — typically used by the watchdog for penalty calculations.
In the submissions, Apple is also arguing officials failed to grant the tech firm "a single opportunity to record its statements and provide oral evidence" during the probe.
Google was provided several opportunities to defend itself and explain its business model during its Android case, according to the Apple submission.
"While desirable, the CCI's investigation team is under no legal obligation to give an oral hearing if it feels it has conclusive evidence," said Gautam Shahi, an Indian antitrust lawyer at Dua Associates.
"CCI's members will now decide if Apple should have been given that opportunity."
As Apple diversifies iPhone manufacturing beyond China, India is a key market — the country is set to make 26% of the world's iPhones in 2026, up from 6% four years ago, according to Counterpoint Research.
If CCI does consider penalties, Apple said mitigating factors should be considered, including its "unblemished record" and the fact that it has exported iPhones worth $51 billion from India over the past five years.
Reporting by Aditya Kalra; Editing by Kate Mayberry
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's biggest companies. He joined Reuters in 2008 and has in recent years written stories on challenges and strategies of a wide array of companies -- from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He also extensively works on deeply-reported and investigative business stories.
Apple lobbuje ve Washingtonu, aby mohla nakupovat paměťové čipy od CXMT, protože rostoucí ceny DRAM tlačí na její náklady. Firma už kvůli dražší paměti zdražila některé modely MacBook a iPad, což smazalo zhruba 263 miliard USD z její tržní hodnoty v jediném obchodním dni.
Apple is lobbying the Trump administration for clearance to buy memory chips from Chinese manufacturer CXMT as the artificial intelligence boom pushes up semiconductor costs and strains global supply chains, Financial Times reported on Saturday.
The move underscores how even the world's largest consumer electronics company is scrambling to secure additional sources of memory as demand from AI data centres reshapes the semiconductor market.
The report, citing six people familiar with the matter, said Apple has mounted a lobbying campaign across the White House and other parts of the administration to ease financial pressure from soaring memory chip prices, which recently forced the company to raise prices on several MacBook and iPad models.
According to the report, Apple first approached the Commerce Department more than a month ago and has since expanded its outreach to other administration officials and allies in Washington.
The company is seeking approval to source chips from ChangXin Memory Technologies (CXMT), one of China's leading DRAM manufacturers.
Apple is not currently prohibited from purchasing chips from CXMT or another Chinese memory producer, YMTC.
However, both companies have been placed on the Pentagon's Chinese Military Company blacklist over alleged links to the People's Liberation Army.
The Commerce Department also proposed adding CXMT to its Entity List last year, but the White House reportedly delayed the move while negotiating a trade truce with China.
People familiar with the discussions told the Financial Times that it remains unclear whether Apple will receive any assurances from the administration, particularly that CXMT will not later be added to the Entity List.
The uncertainty reflects broader tensions between Washington's national security priorities and the technology industry's growing dependence on semiconductor supply from Asia.
Last year, President Donald Trump approved Nvidia's sales of advanced H200 chips to China despite opposition from several administration officials.
Apple's lobbying efforts come after the company suffered one of its sharpest market setbacks in years following its decision to raise MacBook and iPad prices because of what it described as "unsustainable" memory costs.
The price increases erased about $263 billion from Apple's market value in a single trading session, its second-largest one-day decline.
Securing CXMT as an additional supplier would help reduce Apple's dependence on existing memory manufacturers at a time when AI infrastructure investment is absorbing a growing share of global DRAM production.
"The memory supply-demand gap will keep widening through 2027. That is the real reason Apple is lobbying the White House to keep CXMT off the Entity List," TF International Securities analyst Ming-Chi Kuo said in a post on X.
The memory supply-demand gap will keep widening through 2027. That is the real reason Apple is lobbying the White House to keep CXMT off the Entity List.
▌Start with my latest industry checks: The pressure on Apple has shifted from soaring memory costs to a widening supply gap.…
— 郭明錤｜Ming-Chi Kuo (@mingchikuo) June 28, 2026 He added that even successful lobbying would not fully resolve the shortage.
"CXMT states in its IPO prospectus that its capacity is far below domestic demand. Given the persistent global memory imbalance, even if Apple's lobbying succeeds and it buys DRAM from CXMT, that would not materially lower costs or fill the supply gap. Still, with the imbalance widening, Apple has every reason to secure an additional source."
Kuo said Apple's approach also differs from its earlier evaluation of YMTC in 2022.
"YMTC was mainly about lowering NAND costs; CXMT is about managing DRAM supply risk," he said.
He also suggested the lobbying effort carries reputational value regardless of the outcome.
"Tim Cook is one of the few tech leaders who can still navigate both Washington and Beijing, so this is better handled before he steps down as CEO. Even if the effort goes nowhere, the media coverage can still leave the market with the impression that Apple tried but was constrained by US policy. That may help ease frustration over price hikes and longer delivery times."
On the other hand, the tech giant's reported interest represents an important endorsement of CXMT's technological progress, regardless of whether Washington ultimately approves purchases, say analysts.
Citi analysts said obtaining permission could prove difficult given the current US political climate.
However, they argued that Apple's consideration of the company as a supplier already marks a shift in how investors view the Chinese memory maker.
"Regardless of whether Apple gets the purchase approval, its consideration of CXMT as a potential supplier shifts market perception of CXMT from a domestic substitution play to a credible global No.4 DRAM maker," Citi said in a research note.
Tesla, Sunrun a Renew Home oznámily rámec pro dodávku více než 16 GW flexibilní energetické kapacity pro hyperscalery a utility. Projekt využije miliony domácích baterií, chytrých termostatů a elektromobilů bez nového hardwaru.
Tesla stock is holding steady today. Where is TSLA stock headed? The NHTSA RollercoasterQ2 Deliveries on the HorizonOn June 24, Tesla, Sunrun, and Renew Home announced a framework to deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities, aggregating millions of existing home batteries, smart thermostats, and electric vehicles into what would be the largest distributed power plant in the country.
The framework requires no new hardware, software, or interconnection, and is deployable in months, not years. In Virginia alone, the companies have more than 300 megawatts available for immediate deployment, expected to grow to at least 500 megawatts by 2030. The deal puts Tesla’s Powerwall and energy ecosystem at the center of the AI data center power crunch narrative.
Tesla Shares GainTSLA Price Action: At the time of publication, Tesla shares are trading 0.89% higher at $383.09, according to data from Benzinga Pro.
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Microsoft čelí tlaku kvůli vysokým výdajům na AI infrastrukturu, ale jeden stratég tvrdí, že trh akcii výrazně přeceňuje na pokles. Tržby vzrostly o 18 % a EPS o 23 %.
Voting Against Short-Term FearsMicrosoft’s stock has faced relentless pressure as investors panic over massive capital expenditures. However, Boloor recently initiated a trade in the “former market darling,” arguing that Wall Street is “significantly overselling” Microsoft.
He attributes the recent sell-off to short-term fears regarding expensive AI infrastructure, GPU spending, and declining free cash flow.
Calling it a classic example of the voting machine versus the weighing machine, Boloor notes investors are punishing the stock today while ignoring the durable earnings power expected by 2027 and 2028.
Unignorable FundamentalsDespite the stock’s dismal year-to-date performance, the company’s core engine is accelerating. Overall revenue grew 18% year-over-year, and earnings per share expanded by 23%—meaning EPS is successfully outpacing revenue growth despite the heavy investments.
Most notably, Microsoft’s cloud segment surpassed $54 billion, with Azure soaring by 40%. Boloor points out that Microsoft possesses “one of the strongest enterprise distribution moats in all of technology.”
Rather than convincing companies to adopt brand new platforms, Microsoft is seamlessly embedding AI into everyday tools like Outlook, Excel, and Teams. This strategy brilliantly shifts the company from merely monetizing users to successfully “monetizing work.”
The Copilot Scale And OpenAI NuanceWhile some consider Copilot adoption disappointing, Boloor notes the platform already boasts over 20 million paid seats. As this scales, it transforms into a highly lucrative revenue layer.
Finally, Boloor addressed the OpenAI concentration risk. While acknowledging the vulnerability, he views the updated partnership as a “huge win” that allows Microsoft to retain vital IP rights through 2032 while redirecting capital toward its own internal AI infrastructure and Azure models.
How Has MSFT Performed In 2026?MSFT shares have plunged 22.88% YTD, up 10.35% over the last month, and 25.02% over the year. The stock closed 5.71% higher at $372.97 apiece on Friday, and it was 1.77% higher in premarket on Monday.
Benzinga’s Edge Stock Rankings indicate that MSFT maintains a weak price trend in the short, long, and medium terms, with a solid quality score.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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PepsiCo, Inc. (NASDAQ:PEP) will release its second quarter earnings report before the opening bell on Thursday, July 9.
Analysts expect the Purchase, New York-based company to report quarterly earnings of $2.21 per share, up from $2.12 per share in the year-ago period. The consensus estimate for Levi Strauss’ quarterly revenue is $23.97 billion. It reported $22.73 billion last year, according to Benzinga Pro.
On May 5, PepsiCo announced a new collaboration with TalusAg to advance fertilizer decarbonization via low-carbon ammonia environmental attributes.
PepsiCo shares gained 1.3% to close at $141.39 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying PEP stock? Here’s what analysts think:
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Counterpoint uvedl, že Qualcomm má díky akvizicím a širšímu AI portfoliu potenciál nabídnout end-to-end AI infrastrukturu od hyperscale datových center po edge zařízení. Firma cílí na zhruba 15 miliard USD tržeb z AI datových center do fiskálního roku 2029.
The upbeat market backdrop comes as Counterpoint Research said Qualcomm is becoming one of the few semiconductor companies capable of delivering end-to-end AI infrastructure, spanning hyperscale data centers and edge devices.
AI Expansion Beyond Smartphones Gains CredibilityIn a research note published Friday following Qualcomm’s Investor Day, Counterpoint analyst Neil Shah said the chipmaker’s expanding AI portfolio and recent acquisitions position it as a credible full-stack AI solutions provider, with a path toward generating $100 billion in annual recurring revenue within the next five to seven years.
The analyst said Qualcomm’s diversification strategy extends well beyond smartphones and addresses the rapidly growing AI data center market, which remains in its early stages. The AI data center market is still in its infancy, and it is not a “zero-sum” game, Shah noted.
Acquisitions Build A Full AI StackCounterpoint highlighted Qualcomm’s recent acquisitions as key building blocks in its AI strategy.
The firm said NUVIA provides Qualcomm’s Oryon CPU architecture, enabling Arm-based processors that now span smartphones, PCs, automotive applications and future AI data centers.
Qualcomm also unveiled its C1000 server CPU, with Meta Platforms Inc. (NASDAQ:META) expected to become its first hyperscale deployment customer beginning around fiscal 2029.
The report also pointed to Qualcomm’s AI accelerator roadmap, custom silicon capabilities and its proprietary High Bandwidth Compute architecture, which aims to improve AI performance while reducing memory-related bottlenecks.
Counterpoint said the company’s recent acquisition of Modular strengthens its software stack by enabling AI workloads to run across different hardware platforms using an open architecture.
Data Center Opportunity Comes Into FocusCounterpoint said Qualcomm still faces gaps in networking and switching technologies, but noted that its acquisition of Alphawave Semi significantly expands its interconnect portfolio while bringing experienced leadership to its growing data center business.
The research firm also highlighted Qualcomm’s long-term financial targets unveiled during Investor Day. According to the report, management expects its AI data center business to generate about $15 billion in revenue by fiscal 2029, while the company’s non-handset businesses are projected to surpass handset revenue over the same period.
Automotive remains another major growth driver, with Qualcomm’s automotive design-win pipeline reaching $65 billion and expected to generate $10 billion in annual recurring revenue through fiscal 2029.
Counterpoint concluded that Qualcomm’s combination of silicon, software and ecosystem scale makes the company uniquely positioned to compete across the AI value chain, from hyperscale data centers to connected devices.
Technical Setup Remains MixedQualcomm continues to trade above its longer-term trend lines. The stock sits about 15.6% above its 100-day simple moving average of $166.92 and 14.9% above its 200-day simple moving average of $167.92.
However, the shares remain 11.3% below the 20-day simple moving average of $217.51 and 2.9% below the 50-day simple moving average of $198.72. That suggests the recent move is a rebound attempt rather than a confirmed recovery.
The 50-day moving average crossed above the 200-day moving average in May, forming a bullish “golden cross” that continues to support the intermediate-term trend. Even so, traders will likely look for the stock to reclaim the 50-day moving average before turning more bullish.
Momentum indicators remain cautious. The MACD remains below its signal line, indicating buying momentum has weakened following the previous rally.
Key technical levels to watch include resistance around $206, near the 50-day moving average, and support near $190.50, which aligns with a recent trading floor.
Earnings And Analyst OutlookQualcomm is expected to report quarterly earnings on or around July 29.
Wall Street expects earnings per share of $2.09 on revenue of $9.67 billion, compared with EPS of $2.77 and revenue of $10.37 billion in the year-ago quarter.
The stock trades at about 20.4 times earnings and carries a consensus Hold rating, with an average analyst price forecast of $209 based on coverage from 50 analysts. Recent analyst actions include:
Benchmark maintained Buy and raised its price forecast to $300 on June 25. Barclays maintained Underweight and increased its price forecast to $245 on June 25. UBS maintained Neutral and lifted its price forecast to $235 on June 25. Price ActionQCOM Stock Price Activity: Qualcomm shares were up 2.37% at $193.88 during premarket trading on Monday, according to Benzinga Pro data.
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Intel je podle článku jediný z trojice HP, Intel a Xerox s reálným růstem: tržby vzrostly o 7,2 % na 13,577 miliardy USD a segment Data Center and AI vyskočil o 22 %.
Although HP (NYSE: HPQ | HPQ Price Prediction), Intel (NASDAQ: INTC), and Xerox (NASDAQ: XRX) each defined an entire category of American hardware, Wall Street no longer prices them as peers. One ticker has vaulted, one has drifted, and one is fighting for survival at a sub-$500 million market cap. The more useful frame is the IBM template: when a legacy hardware franchise pivots, survivors carry a real product-cycle catalyst, sufficient balance sheet runway, and operating leverage. Lou Gerstner’s 1990s mainframe-to-services rebuild is the yardstick, and only one of these three currently clears it.
Start with the scoreboard. Intel has climbed 470.3% over the past year and 283.7% since June 2023, closing at $128.32 on June 26. HP slipped 7.4% over the past year and 22.7% across three years, ending the same session at $22.88. Xerox has lost 38.3% over the past 12 months and 76.7% across three, finishing at $3.31. The Gerstner question is which move rests on a rebuild and which is noise.
HP: Managed Decline With a Cash Sleeve HP’s most recent quarter looks clean on the surface. Q2 FY26 revenue of $14.408 billion rose 8.99% year over year and beat consensus by 2.4%, while non-GAAP EPS of $0.86 beat the $0.72 estimate by 20.26%. Personal Systems surged 13%, Commercial PS jumped 14%, and free cash flow swung to $800 million from negative $100 million a year earlier. Management narrowed the full-year non-GAAP EPS band to $2.90 to $3.10.
However, the core franchise still carries mature-market scars. Printing was flat, Consumer Printing dropped 10%, total PC units fell 7%, and stockholders’ equity remained negative at –$144 million. A restructuring program targets roughly $1 billion in run-rate savings by FY2028 with 4,000 to 6,000 job cuts, while $100 million in buybacks and a $0.30 quarterly dividend return cash to shareholders. The thesis is cost discipline and capital return. That profile matches managed decline rather than Gerstner-grade reinvention.
Intel: High-Stakes Reinvention Intel’s Q1 FY26 earnings report is the closest match to the survivor profile in this group. Revenue of $13.577 billion grew 7.2% and beat by 9.22%, while non-GAAP EPS of $0.29 crushed the $0.0127 consensus estimate. Data Center and AI revenue vaulted 22% to $5.052 billion, and Intel Foundry grew 16% to $5.421 billion, now roughly 40% of total revenue. Non-GAAP gross margin expanded to 41.0% from 39.2%, marking the sixth consecutive quarter above revenue expectations.
The catalyst stack is tangible. A multiyear Google partnership covers Xeon and custom ASIC IPUs, Intel Xeon 6 was selected as the host CPU for NVIDIA’s DGX Rubin NVL8, and a Terafab project lines up SpaceX, xAI, and Tesla. A $5.0 billion NVIDIA equity investment and a U.S. government equity stake backstop the runway, while cash of $17.247 billion, up 92.77% year over year, funds the foundry buildout. CEO Lip-Bu Tan put it bluntly: “The next wave of AI will bring intelligence closer to the end user, moving from foundational models to inference to agentic. This shift is significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings.” The tradeoffs are meaningful: a $4.07 billion Mobileye-related charge drove a $3.73 billion GAAP net loss, foundry remains unprofitable, and capex stays heavy. The profile matches genuine reinvention rather than a capex-cycle trade.
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Xerox: Racing the Clock Xerox is running the abandon-the-old-battlefield script. The Lexmark deal and the ITsavvy and Powerland tuck-ins push the company toward IT and managed services. The balance sheet is the catch. Total liabilities stand at $9.37 billion against just $305 million of shareholders’ equity. Q1 2026 revenue of $1.846 billion rose 26.7% on acquisitions, but pro forma revenue declined 3.7%, and equipment gross margin collapsed to 10.8% from 27.9%, and adjusted EPS of negative $0.43 missed by 56.36%. Free cash flow ran to negative $165 million, and non-financing interest expense surged to $84 million from $33 million on acquisition debt.
CEO Louie Pastor told investors, “We are closer to an inflection point than the external narrative suggests.” The market disagrees. The analyst consensus price target is $2.75, with bearish sentiment, while trailing EPS stands at –$8.34, book value at $2.286, and the forward multiple at 3x. That is a credit-distress profile. The strategy fits the Gerstner playbook on paper. The capacity to execute it fits the Kodak playbook on the filings.
The Ranked Verdict Measured against the IBM survivor template (product-cycle catalyst, balance sheet capacity, operating leverage), the order is unambiguous.
Intel. The only profile here with a genuine AI tailwind, $17.247 billion in cash, NVIDIA and Google ecosystem validation, and margin expansion alongside a structural mix shift into foundry. HP. A disciplined operator with an FCF inflection and steady capital return, but no reinvention engine to anchor the next decade. Xerox. A textbook pivot attempted from a Kodak-shaped balance sheet. Direction is correct, runway is short. Long term, Wall Street keeps rewarding platform reinvention over hardware nostalgia. The decade-long tape says the same: Intel up 291.8% over a decade, HP up 86.6%, and Xerox down 86.7%. Same battlefield, three very different futures.
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