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Hollywood director Carl Rinsch has been sentenced to two and a half years in prison for defrauding Netflix out of $11 million, which he spent on crypto, stocks and luxury goods.

A Manhattan federal court on Monday sentenced Rinsch, known for directing the 2013 film “47 Ronin,” starring Keanu Reeves, to 30 months in prison after he was convicted in December on charges including fraud and money laundering.

“Rinsch orchestrated a scheme to steal millions by seeking $11 million from a subscription streaming service, falsely claiming that money would be used to finance a television show that he was creating,” Manhattan US Attorney Jay Clayton said in a statement Monday.

“Instead of using the money to make the show, Rinsch made risky bets on highly speculative stock options and cryptocurrency, and spent millions of dollars on luxury goods for himself,” Clayton added. “Today’s sentence sends a deterrent message: fraud will not be tolerated.”

Rinsch’s sentence was far below the maximum possible prison time of 90 years he was facing for his seven total charges, to which he pleaded not guilty. His defense also argued that he suffered from mental health issues.

The sentence brings to a close a 15-month saga after Rinsch was arrested in March 2025 for defrauding what prosecutors referred to in court documents as “Streaming Company-1,” which multiple reports have identified as Netflix.

Source: US Attorney SDNY

Rinsch makes $27 million on Dogecoin betAccording to a March 2025 indictment and a November 2023 New York Times report on a confidential arbitration proceeding between Netflix and Rinsch, the company initially gave Rinsch $44 million for his sci-fi show “White Horse,” later renamed “Conquest,” but he asked for more funds to finish the show, prompting Netflix to wire an additional $11 million in March 2020.

Rinsch used $10.5 million from the fresh funding to gamble on the stock market and quickly lost about half of it in a few weeks by trading options on pharmaceutical companies and the S&P 500.

Rinsch transferred more than $4 million in remaining funds to crypto exchange Kraken and went all in on the memecoin Dogecoin (DOGE), a bet that ultimately generated around $27 million when he liquidated in May 2021, according to an account statement seen by The Times.

Carl Rinsch giving an interview in 2013 for his feature directorial debut film 47 Ronin. Source: YouTube

With the DOGE winnings, Rinsch then spent about $10 million on personal expenses and luxury goods, including $1.8 million on credit card bills, $1 million on lawyers to sue Netflix, $3.8 million on furniture and antiques, $2.4 million on five Rolls-Royces and a Ferrari, and $652,000 on watches and clothes, according to the indictment.

Rinsch never finished the show or returned the funds Netflix provided to complete it.

Prosecutors asked for five yearsRinsch was convicted of one count each of wire fraud and money laundering, each carrying a maximum sentence of 20 years in prison, along with five counts of making monetary transactions in property derived from unlawful activity, each carrying a maximum of 10 years.

Prosecutors asked the court in a mid-June sentencing memo to give Rinsch five years in prison after he argued for a sentence without prison time.

Rinsch’s defense said he suffered from mental health issues, with friends and family members writing to the court to say that his behavior changed around the time of the offenses. Keanu Reeves also wrote to the court in support of Rinsch.

In addition to his two-and-a-half-year prison term, Rinsch was sentenced to three years of supervised release, $11 million in forfeiture and $700 in mandatory special assessments.

Magazine: China’s 107 Bitcoin memory thief, Bithumb CEO booked: Asia Express

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NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws.

If you invested in Tennant, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit.

Key Details of the Tennant ($TNC) Class Action Investigation:

Investigation Overview: Securities fraud related to Tennant’s implementation and rollout of its new, company-wide enterprise resource planning (“ERP”) systemStock Decline: February 24, 2026 – 23.4% Stock DropAction: Contact BFA Law to discuss your rights
Why is Tennant Being Investigated for Securities Fraud?

Tennant manufactures industrial cleaning equipment, including large mechanical floor scrubbers and sweepers used in warehouses, retail stores, and other commercial facilities.

BFA is investigating whether Tennant made false and misleading statements to investors regarding the implementation and rollout of a large-scale ERP system. For instance, Tennant assured investors the project was “progressing as we’ve anticipated,” was “on time and on budget,” and that the launch of the ERP in its Asia-Pacific region had been “successful,” with Tennant stating it had “mitigated disruptions and stabilized operations.”

Why did Tennant’s Stock Drop?

On February 24, 2026, Tennant revealed that the rollout of its new ERP system in North America caused severe operational disruptions, including that it was unable to process and ship customer orders following the launch of the system. As a result, Tennant lost roughly $30 million in sales and would need to spend more than $20 million in 2026 to remediate the issues, compared to roughly $5 million the company had planned to spend.

This news caused the price of Tennant stock to drop $19.28 per share, more than 23%, from a closing price of $82.30 per share on February 23, 2026, to $63.02 per share on February 24, 2026.

Click here for more information: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit.

What Can You Do?

If you invested in Tennant, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” 

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

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D-Wave is down nearly 20% from its late-May peak. The U.S. government plans to invest up to $100 million in D-Wave as part of a wider quantum computing initiative.

Wedbush analyst Sam Brandeis issued a note on June 30 in which he positioned SpaceX (NASDAQ: SPCX) stock as ‘Outperform’ – ‘Buy’ – and forecasted the equity’s price would rise to $190 in the next 12 months for an 11.20% rally from the latest $170.86 close.

According to the Wall Street expert, Elon Musk’s newer public company is in a strong position to join the ranks of ‘hyperscalers’ and boasts multiple bullish differentiators.

Indeed, SpaceX launch capabilities, connectivity, and artificial intelligence (AI) infrastructure all help ensure strong vertical integration for the company. 

Brandeis also specified that some of the firm’s strongest assets are the Starship ‘demand flywheel,’ the connectivity ‘footprint’ of Starlink, and the growing network of partnerships for the Colossus data centers.

Lastly, the analyst from Wedbush noted that the 24-year-old, $2.25 trillion company is still in the early stages of penetrating the global markets with regard to the global broadband and telecom markets.

SpaceX stock regains uptrend after deep correction Sam Brandeis’ analysis came amidst a trend reversal for SpaceX stock – its second since the June 12 initial public offering (IPO). Specifically, SPCX shares were originally offered at $135 but soared to $150 already in the morning of the IPO before climbing to their all-time high (ATH) of $225.64 within less than a week.

A bond offering paired with the selling opportunity presented by the rapid upsurge, however, presented powerful headwinds, and SpaceX stock crashed to its $153 closing price by June 25 for a 32.19% loss from the ATH.

By press time on July 1, Elon Musk’s newer company is again climbing, likely to a mix of factors including the buying opportunity presented by the price collapse and the confirmation that the firm would be included in the Nasdaq-100 on July 7.

SPCX stock found its latest close at $170.86 and rallied another 1.68% to $173.73 in the subsequent extended session.

SpaceX stock price one-week chart. Source: Google SpaceX stock technical analysis Simultaneously, technical analysis (TA) shared by the popular on-chain analyst on X, Ali Martinez, indicates that SpaceX stock is, given the latest uptrend, now aiming for $180 thanks to the decisive breakout above $165.

In early June, Marinez cautioned against rushing into the SPCX IPO, arguing that the shares are likely to crash soon after the initial rally, thus presenting a safer and superior buying opportunity later in their lifetime.

Featured image via Shutterstock

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Space Exploration Technologies (SPCX +4.15%) and Tesla (TSLA +2.23%) are often compared because Elon Musk is the founder, CEO, and largest individual shareholder of both companies. And now that SpaceX is public, some investors are trying to decide which stock is the better buy. They may also be wondering whether one hypothetical that has been getting widely discussed -- a SpaceX-Tesla merger -- makes sense.

Considering that in the short time that is has been public, SpaceX briefly soared as high as 50% above the $150 per share price at which it opened its first day of trading, some investors may even be wondering whether a SpaceX stock split is in the cards for the relatively near future or if it is more likely to wait a decade to conduct its first split like Tesla did. Here's what could lead to a SpaceX stock split, and if the growth stock is a buy now.

Image source: Getty Images.

A primer on stock splits Stock splits do nothing to directly increase the value of a business. They simply divide the ownership pie into more parts. A split makes it easier for small retail investors to buy full shares of a company, although many brokers and employee stock plans offer fractional shares. Stock splits also make options contracts more accessible, since those are sold in 100-share increments.

That said, there can be a psychological effect. Seeing a stock go from $20 to $21 a share can feel underwhelming compared with a jump from $2,000 to $2,100 per share, even though both are 5% gains. What's more, a stock split is generally viewed as a tangible vote of confidence from management: Such events generally happen only after the share price has risen significantly, and they indicate that company leadership expects those gains to continue.

But research by The Motley Fool shows that the results for stocks in the periods after they split are mixed, so it's better to pick stocks to buy based on fundamentals instead of looking for splits.

Today's Change

(

4.15

%) $

6.82

Current Price

$

171.01

The makings of a SpaceX stock split Tesla went public in June 2010 at a non-split-adjusted price of $17 per share.In August 2020, Tesla announced its first-ever stock split -- a 5-for-1 stock split, to be exact, that gave four additional shares for each then-held share. It conducted a 3-for-1 split in 2022. That means Tesla's split-adjusted IPO price is just $1.13 per share -- a mind-blowing 33,503% gain for investors who bought at the IPO price and held.

At the time of its first split, Tesla was approaching $2,500 per share, and it was under $900 at the time of its second. But Tesla was a small-cap company at the time of its IPO, whereas SpaceX was the biggest IPO in history and is currently one of seven companies with market caps over $2 trillion.

What's more, SpaceX's IPO price was $135 per share.

In sum, it took Tesla a decade to engage in a stock split after it had gone from a small-cap to a large-cap company. SpaceX might only have to go up a few times over before considering a stock split.

It's worth noting that there's no standard price level for stock splits, but the vast majority of S&P 500 companies trade at under $1,000 per share. However, splits at lower share prices aren't unheard of. Apple was around $500 a share when it engaged in a 4-for-1 stock split in 2020. CrowdStrike is performing a 4-for-1 stock split on July 2, and it closed on June 26 at $701.09 per share.

SpaceX was trading at $153.23 per share at the time of this writing; if it increases in value by at least fourfold (which would put its market cap just over $10 trillion), I would not be surprised if it considers a stock split.

On a percentage basis, that would be a far smaller increase than Tesla had before its first split, but it certainly would be an unprecedented amount of market cap creation.

SpaceX needs its biggest bet to pay off SpaceX's potential road to $10 trillion will depend heavily on how successful it is at building and launching millions of AI data center satellites into orbit. The plan is to launch the first test satellites as early as 2027. From there, Elon Musk wants to increase the computing power of SpaceX's AI satellite constellation by an order of magnitude per year, which is 10 times -- meaning going from 1 gigawatt (GW) in 2027 to 10 GW in 2028, to 100 GW in 2029, to 1,000 GW (1 terawatt) by the end of 2030 -- assuming that the Terafab plant SpaceX is constructing in partnership with Tesla and Intel can produce the chips that its plan requires in sufficient quantity.

There are plenty of obstacles standing in SpaceX's way. For starters, these satellites will be much larger, both in mass and surface area, than Starlink's broadband and mobile satellites, so they will be much heavier and cost more to launch. What's more, placing them in the sun-synchronous orbit Musk has proposed would cause light pollution and create all kinds of headaches for astronomers. SpaceX is building a massive factory in Texas called Gigasat to make these satellites, which could encounter production challenges. Those are only some of a long list of technical and logistical hurdles that will need to be cleared. 

And finally, if those issues are overcome, SpaceX will need to prove there is a customer base willing to pay top dollar for this orbital computing capacity to justify the costs. Or, put another way, SpaceX will need to demonstrate that there are measurable cost savings to be had from using orbital data centers rather than Earth-based data centers. If they pan out, those benefits would most likely be related to the fact that they will be powered by solar energy and use large radiator panels to expel the heat the servers generate as infrared radiation, rather than relying on water-based heat sinks or liquid cooling systems.

If SpaceX somehow pulls all of this off, it will become the most important AI infrastructure company in the world and help address one of the biggest challenges in AI -- the energy bottleneck. It could provide the jumping-off point -- and more importantly, the cash flow -- for SpaceX to pursue other endeavors in space technology and interplanetary travel.

Under that outcome, with the combined value of SpaceX-owned xAI and X (formerly Twitter), SpaceX would absolutely deserve a market cap north of $10 trillion, be the world's most valuable company, and could reach the point where its stock price warranted a split. If it launches 1 million AI computing satellites in less than five years, it could engage in a stock split a lot sooner in its publicly traded life than Tesla did.

However, SpaceX reported a net loss in 2025, and there's no telling what challenges could throw a wrench in its ambitious plans. Investors may be better off taking a wait-and-see approach to SpaceX, monitoring its progress toward its goals rather than buying the stock based solely on the company's vision.

Though Google (NASDAQ: GOOGL) stock suffered a significant correction in the last month and erased approximately $230 billion from Alphabet’s market capitalization, Wall Street has remained largely bullish regarding the blue-chip company’s future.

Google stock price one-month chart. Source: Google The latest signs of persistent optimism came on the final two days of June when two prominent analysts provided revised ratings and 12-month price targets for GOOGL.

Morgan Stanley’s (NYSE: MS) Brian Nowak was the first when he rated Google stock as a ‘Buy’ while lifting his forecast from $375 to $415. 

According to the Wall Street expert, GOOGL’s latest downturn paired with the bullish expectations for data center capacity construction and TPU sales by 2028 ensured that investors have ‘a tactical buying opportunity for one of the best positioned AI companies around.’

On June 30, Bank of America (NYSE: BAC) analyst Justin Post chipped in by reiterating his Google stock ‘Buy’ recommendation and the $430 price target for the next 12 months for a 20.32% predicted rally from $357.37 at the latest closing bell.

Analysts predict Google stock price in the next 12 months Zooming out reveals that the notes issued by Nowak and Post represent a continuation of the overall Wall Street attitude toward Alphabet. 

Specifically, Google shares are considered a ‘Strong Buy’ by prominent analysts and are, on average, expected to rally 19.96% to $428.71 in the coming 52 weeks, per the data Finbold retrieved from TipRanks on July 1.

Wall Street sets Google stock price for the next 12 months. Source: TipRanks Additionally, ‘Buy’ recommendations dominated June ratings despite  Alphabet’s stock market troubles through the month. Indeed, out of the twelve notable target revisions, only two – UBS’ Stephen Ju and Bernstein’s Chad Dillard – estimated GOOGL shares are a ‘Hold,’ and none positioned the equity as a ‘Sell.’

Furthermore, despite being ‘Neutral’ about the stock, both Wall Street analysts predicted Google stock would rally. According to Ju, GOOGL will climb 14.73% to $410 in the next 12 months, and, per Dillard’s forecast, the shares will rise 9.13% to $390 within the same timeframe.

Featured image via Shutterstock

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HomeIndustriesMicrosoft has been engaging in a series of layoffsJuly 1, 2026, 5:29 a.m. ET

Shares in Microsoft have slumped 19% in the past month. Photo: Getty ImagesMicrosoft is reportedly planning to announce thousands of layoffs as the company aims to increase spending on artificial intelligence. 

The tech giant is expected to cut less than 2.5% of its overall workforce of about 220,000 people, according to people familiar with the matter, Business Insider reported on Tuesday night. 

About the Author

Nora Redmond is a MarketWatch reporter based in London.

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JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) shares fell on Wednesday after results from major partner Nike Inc (NYSE:NKE) pointed to weaker sales ahead and continued pressure on consumer demand.

The sports fashion retailer was down 2.3% at 82.78p, as investors read across from Nike’s fourth-quarter numbers overnight.

Nike reported quarterly net income of $1.07 billion, helped by a $986 million tariff-related refund. Without that boost, the trainer maker’s underlying performance remained weak.

Revenue was flat at $11 billion, the lowest quarterly figure since February 2022. China sales fell 17% on a currency-neutral basis, while its sportswear business declined by double digits globally.

Nike’s gross margin rose to 49.2% from 40.3%, but the company said margins would have been roughly flat without the tariff refund.

The bigger concern was guidance, as the Oregon sportswear giant maintained its forecast for flat earnings over the next two quarters, but said revenue would fall by low- to mid-single digits.

It blamed tariff risk, disruption in the Middle East and weak consumer sentiment linked to high oil prices. "The environment around us continues to be volatile," chief financial officer Matthew Friend said.

Analysts at Peel Hunt said: "In terms of read-across to JD, this is clearly not positive,".

The broker added: “We do not believe that is at significant risk, but consensus EBITDA of £786 million (PHe: £785 million), which is in the bottom half of the company's guided range, appears to be the right ballpark.”

"However, the risk is probably skewed slightly to the downside, absent a dramatic improvement in consumer confidence."

The broker reiterated its view that JD "remains, however, a very cheap stock, in our view, given its global position as the partner of choice for brands and consumers".

Three Magnificent Seven stocks are entering July with fresh catalysts that could matter as Q2 earnings season approaches.

Alphabet, Amazon and Nvidia are not cheap in the traditional sense.

But each has a clear reason investors are paying attention right now: Alphabet’s cloud growth has accelerated, Amazon is showing rare pricing power in AI compute, and Nvidia still has one of the strongest analyst backdrops in the market.

Alphabet: Cloud comeback nobody saw comingAlphabet has become one of the more interesting Magnificent Seven stories heading into July.

For years, the knock on Google was that it had world-class AI research but could not turn it into visible financial momentum.

That argument has become harder to make after Google Cloud’s latest numbers.

Google Cloud revenue jumped 63% year on year to $20 billion in the first quarter, accelerating from 48% growth in the previous quarter.

That is faster than the latest growth rates from both Amazon Web Services and Microsoft Azure.

For investors, the important point is not just that cloud revenue is rising. It is that Alphabet appears to be getting clearer returns on its AI spending.

Veteran fund manager Dan Niles has called Google his favourite Magnificent Seven name, saying the company has the “full AI stack” and strong returns on its AI investment.

Amazon’s latest catalyst is unusual: a price increase.

AWS has raised prices on EC2 Capacity Blocks for machine-learning GPU instances, with the latest increase taking effect from July 1.

These reservations allow customers to lock in scarce GPU capacity for AI training and model work.

Normally, higher prices can worry investors, but in this case, Wall Street read the move differently.

Amazon shares rose 2.5% on June 26, as traders treated the increase as proof that demand for AI compute remains stronger than supply.

That matters because AWS is still the profit engine of Amazon.

The cloud unit reported $37.6 billion in Q1 revenue, up 28% year on year, and its backlog has reportedly climbed to $364 billion, excluding Anthropic’s more than $100 billion commitment to AWS over the next decade.

Amazon CEO Andy Jassy has also made the margin argument around Trainium, the company’s custom AI chip.

He has said Trainium could save Amazon “tens of billions” in capital expenditure at scale while improving operating margins versus relying only on outside chips.

Wells Fargo has kept a Buy rating and a $312 target on Amazon. The next real catalyst is Q2 earnings, expected on July 30.

Nvidia remains the cleanest infrastructure pick in the AI trade.

The reason is simple. Alphabet, Amazon, Microsoft, Meta and others may compete fiercely in cloud and AI models, but most of them still need Nvidia systems to build and run their infrastructure.

That makes Nvidia less of a bet on one cloud winner and more of a bet on the overall AI buildout.

Wall Street is still firmly behind the stock. Recent analyst trackers show Nvidia with a Buy consensus and an average target around $309.

China Renaissance initiated coverage on June 5 with a Buy rating and a $319 price target, adding to the bullish tone.

The next product cycle also matters. Nvidia’s Vera Rubin platform is expected to become a key forward catalyst as investors look beyond Blackwell and ask how long the company can keep its performance lead.

That is the bull case. Nvidia is no longer an undiscovered story, but it remains the company most directly tied to AI infrastructure spending.

The risk is valuation. Expectations are already high, and even strong results can be punished if guidance falls short.

Nvidia’s next confirmed earnings report is due in late August, after Alphabet and Amazon update investors in July.

AMD could become the fourth chip company in the trillion-dollar club.

World's only integrated resort operator named to both World and Asia Pacific indices
"People, Community, and Planet" ESG pillars receives international acclaim

, /PRNewswire/ -- In recognition of its outstanding performance in Environmental, Social, and Governance (ESG) practices, Sands China Ltd. has been named in the latest Dow Jones Best-in-Class (DJBIC) Indices, including the Dow Jones Best-in-Class World Index for the fifth consecutive year and the Dow Jones Best-in-Class Asia Pacific Index for the sixth consecutive year, making it the world's only integrated resort operator to be concurrently listed in both indices – a strong validation of its exceptional performance and effectiveness in the company's three core ESG pillars of "People, Community, and Planet."

In recognition of its outstanding performance in Environmental, Social, and Governance (ESG) practices, Sands China Ltd. has been named in the latest Dow Jones Best-in-Class (DJBIC) Indices, including the Dow Jones Best-in-Class World Index for the fifth consecutive year and the Dow Jones Best-in-Class Asia Pacific Index for the sixth consecutive year, making it the world’s only integrated resort operator to be concurrently listed in both indices. In this year's assessment, 16 integrated resort operators globally were invited to participate. Ultimately, only Sands China and its parent company, Las Vegas Sands Corp., were selected for the World Index. Sands China is also one of only two integrated resort operators to secure a spot on the Asia Pacific Index. Meanwhile, Las Vegas Sands Corp. has been named to the World and North America indices for the seventh consecutive year, further demonstrating that the Group's integrated ESG management approach continues to receive high international praise.

Grant Chum, chief executive officer and executive director of Sands China Ltd., said: "We are deeply honoured to once again be listed on both the Dow Jones Best-in-Class World and Asia Pacific indices, and to remain the world's only integrated resort operator to achieve dual listing on these prestigious benchmarks. This accolade is an encouraging, high-level international endorsement of our outstanding ESG performance. Sands China has always viewed sustainable development as a fundamental cornerstone of our business and remains committed to fulfilling our corporate social responsibility. For over two decades, we have embedded ESG principles into our daily operations – driving local talent development, fostering community inclusion, and supporting SMEs, generating broader and lasting social benefits for Macao. Moving forward, we will continue to uphold our sustainability philosophy and practices, working closely with the Macao SAR government and all sectors of society to co-create a greener, better, and more diversified future for Macao."

Sands China has consistently implemented a range of sustainability initiatives under its "People, Community, and Planet" pillars. Under the People pillar, the company's Sands China Academy had provided 1.8 million cumulative training hours to local employees in 2025. Beginning with Sands® Macao's opening in 2004, the total training provided to team members had exceeded 22.6 million hours as of the end of 2025.

Under the Community pillar, the company established the Sands Cares Ambassador Programme in 2009, making it the first integrated resort operator in Macao to launch a volunteer team. As of the end of 2025, the programme had contributed over 362,000 community service hours since its launch. Concurrently, Sands China actively supports the Macao SAR government's policy direction of promoting community economy and district revitalisation, consistently deploying corporate resources to inject vitality into the sustainable development of historical areas. Guided by the principle of "integrating the old with the new, bridging the past into the future," Sands China extended the Community Revitalization Programme for Rua das Estalagens to further encourage and support Macao SMEs to launch and optimise their businesses on the street, working together to revitalise the economic vitality of the neighbourhood.

Under the Planet pillar, Sands China continues to advance its carbon reduction and environmental protection measures. Compared to a 2018 baseline year, the company has successfully reduced its Scope 1 and Scope 2 greenhouse gas emissions by 61 percent. This series of highly efficient green initiatives also earned Sands China its recent renewal of the ISO 14001 Environmental Management System certification. The company further optimises resource utilisation and enhances operational efficiency through concrete actions that include recycling 100 percent of playing cards, having switched all complimentary bottled water to eco-friendly materials, and the continued expansion of green procurement strategies – such as increasing the proportion of cage-free eggs procured.

Launched in 1999, the Dow Jones Best-in-Class Indices represent the world's first and most credible benchmarks for corporate sustainability. Conducted annually by S&P Global, the indices comprise an in-depth review of more than 12,000 companies worldwide, rigorously and comprehensively assessing ESG performance across industries. The results are a core indicator for global sustainability investors and an internationally recognised mark of excellence in long-term business success and governance standards.

About Sands China Ltd. 
Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, The Londoner Theatre and Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:
Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: [email protected]

Jesse Chiang
Tel: +853 8118 2054
Email: [email protected]

SOURCE Sands China Ltd.

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SummaryMicron holds over $24 billion in cash and investments, while customers have committed approximately $22 billion, including $18 billion in cash deposits.The DRAM market has consolidated into a three-player oligopoly, with management expecting AI-driven memory supply constraints to persist well beyond 2027.Strategic Customer Agreements already cover roughly half of future sales, improving earnings visibility through multiyear, take-or-pay commitments backed by customer capital.Despite structural improvements and HBM demand exceeding supply into 2028, Micron trades at just 7.7x FY2 and 7x FY3 non-GAAP earnings. vzphotos/iStock Editorial via Getty Images

The most valuable insight from Micron's (MU) latest quarter was not another earnings beat or another increase in AI-related guidance. Those developments were largely expected. So, the latest earnings by Micron have just

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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SummaryMicron Technology delivered a record Q3 FY26, with revenue up 346% to $41.26B, driven by explosive AI data center-related demand.Strong operating leverage from volume expansion and higher pricing should support industry-leading margins beyond FY26.AI-driven demand, supply constraints, and architectural shifts in data centers are expected to sustain strong pricing and topline growth through FY27.Strategic customer agreements and aggressive capacity expansion underpin MU’s long-term growth, supported by ongoing product innovation and secular AI tailwinds.At a forward multiple of just about 15.6x, MU stock looks like a solid long-term bet given its market-leading position and robust growth outlook. JHVEPhoto/iStock Editorial via Getty Images

The Thesis Micron Technology, Inc. (MU) is one of the world's leading memory and storage semiconductor companies, providing DRAM, NAND, and high-bandwidth memory (HBM) solutions to support AI workloads. Once viewed as a cyclical memory player, Micron has evolved into

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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.

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.

The U.S. and Iran are working toward a peace accord, and while that's good news in geopolitical terms, it's had the predictable impact of sending oil prices lower. Hopefully, those benefits will soon be passed along to local gas stations, providing some much-needed relief for drivers.

On the other side of the ledger, investors holding certain energy stocks amid the peace deal news are being reminded that oil equities can take away as quickly as they give. Perhaps even more so. Just look at oil services giant SLB (SLB +0.24%). Shares of the company formerly known as Schlumberger are sensitive to oil prices, but there occasions when that relationship diverges.

SLB stock is slumping, but the dip may be worth buying. Image source: Getty Images.

Down 18% over the past month, SLB is flirting dangerously with a bear market, but the stock's recent tumble may ultimately work in the favor of long-term investors. Hence, this name tops my July energy sector shopping list.

SLB can sizzle again Over the near-term, this oil stock would benefit from steadiness in the crude market. If a peace agreement between the U.S. and Iran holds and oil shipments flow through the Strait of Hormuz in earnest, it's possible SLB stock benefits from normalization in the oil market rather than being beholden to sharp, headline-driven price swings.

Assuming that happens, there's a lot to like here, particularly from a long-term perspective. Interestingly, some of that thesis is tied to Iran, but it's not about oil's near-term gyrations stemming from conflict there. Rather, the constructive outlook on SLB is tied to postwar goings on in the region.

Geopolitical stability in the Middle East could spark a new wave of investment by SLB customers eager to up capacity there while embracing new technology. Some market observers believe those factors could send the stock to $80 over the long term, implying upside of about 70% from its June 25 price, according to Barron's. A portfolio manager interviewed by the publication says SLB can make a run at $90 as earnings accelerate.

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Lasting peace in Iran and a more stable environment in the Middle East are material to SLB because the region accounted for a third of the company's 2025 revenue and 50% of its profits. Some SLB clients halted production when the war started, but if the peace deal holds, those exploration and production companies may be compelled to get back in the game, potentially supporting SLB stock.

The SLB tech angle Let's keep it real. SLB is not a tech stock, but it's more "techy" than some investors may think. In fact, SLB has a freestanding digital division that's a cash cow. It generates over $1 billion in annual recurring revenue and is growing at an impressive 15% year over year.

What's interesting about SLB's digital business is that the company isn't hawking artificial intelligence (AI) or software to clients. Rather, SLB integrates AI, software, and other technologies into platforms to improve client outcomes.

Beyond the platform business, SLB's tech-centric digital exploration, operations, and professional services offerings open pathways to higher-margin, predictable revenue streams. In essence, SLB is focusing on less cyclical, higher-margin opportunities, and that transition is rooted in technology. That positions the company for long-term growth, suggesting the stock's recent pullback may be more of an opportunity than a cause for despair.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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LONDON, July 01, 2026 (GLOBE NEWSWIRE) -- Willis, a WTW business (NASDAQ:WTW), today announced the expansion of its CyMax Facility, a primary and excess cyber facility designed specifically for SMEs and middle market companies across EMEA, in partnership with Insurers AXA XL, Beazley, HDI Global and Markel.

Building on the success of its previous Continental Europe facility, the renewed offering provides broader access, higher limits and faster execution for eligible companies seeking comprehensive cyber protection. It is designed to streamline the insurance experience for clients and brokers, while supporting companies facing exposures ranging from data breaches and ransomware to supply chain risks.

The cover supports clients through crisis management and incident response, with access to external expertise when a cyber event occurs. It also provides financial protection for business interruption and supply chain losses, alongside cover for evolving threats such as social engineering, telephone hacking and invoice manipulation, helping protect profitability, continuity and reputation.

Key features:

Panel-based capacity: The CyMax Facility has been expanded from a single-insurer model to a panel-based facility, supporting broader insurer participation and more flexible placement options for SMEs and middle market companies.Simplified application process: A one-page Cyber Application Form and short eligibility questionnaire of six to eight underwriting questions helps streamline access to cover and reduce administrative burden for clients and brokers.Broader and more inclusive eligibility: The facility is designed for companies with turnover up to €/CHF500m, who have established security controls, while also providing access to coverage for businesses with partially implemented controls in place.Pre-agreed pricing grids: Pre-agreed pricing grids reduce the need for back-and-forth discussions with insurers, helping clients and brokers secure terms more efficiently.Willis Cyber proprietary wordings: Clients benefit from WTW’s EMEA CyCore Primary and Excess wordings, aligned with GDPR, NIS2 and DORA, with innovative coverages such as cyber incident response, notification costs to data subjects and regulators, emergency costs, business interruption and contingent business interruption, regulatory action, social engineering, cyber theft, invoice manipulation and reputation harm.Specialist cyber support: Clients can access EMEA expertise and insurer pre- and post-breach services, including pre-ransomware alerts, threat intelligence reports, onboarding calls and crisis exercises. Brian Vosloh, Head of Cyber EMEA at Willis, said: “As cyber risks continue to grow in complexity, SMEs and middle market companies need cyber insurance solutions that are easier to access, quicker to place and better aligned to their evolving exposures.”

“By renewing and expanding Willis’ CyMax Facility, we are giving clients broader access to capacity, higher limits, innovative proprietary coverages and a faster, simpler route to cyber insurance. The use of pre-agreed pricing grids, a streamlined application process and a single vulnerability-scan subjectivity helps reduce friction for brokers and clients, while access to pre- and post-breach services offered by insurers supports stronger cyber resilience.”

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

Media Contact

Jo Barrett
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FMC Corporation Reaches Agreement for $400 Million Minority Equity Investment from Tessenderlo Group PR Newswire

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024 (the "Class Period"), of the important July 14, 2026 lead plaintiff deadline.

So what: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
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     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
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     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

Bitcoin has been struggling to recover after falling from $64,669 last month and is now trading near $58,669. As the market remains highly volatile, analysts warn that Bitcoin’s next liquidity move could trap both bulls and bears. 

While one group sees a short squeeze pushing BTC toward $62,000, others believe the market may first revisit the $50,000 liquidity zone before the next major rally begins.

$62K Holds the Biggest Short Liquidation TargetLooking at the Bitcoin Exchange Liquidation Map, market analyst Seth believes Bitcoin Price has already cleared one important liquidation zone. When Bitcoin recently fell to around $57,800, nearly $1.16 billion worth of leveraged long positions were liquidated. 

According to Seth, that liquidity has now been “grabbed,” meaning that overleveraged longs trader taken out.

After the recent bounce to near $59K, Seth believes many traders are again trying to buy the bottom. The chart shows another $1.16 billion worth of leveraged long positions building around the $57.8K level, meaning traders are once again betting that Bitcoin has found a bottom.

Now that the $58K Bitcoin long liquidation has been grabbed.

New degens are trying to catch the bottom with 100x and $1.16B has been added around $57.8K.

But when the degens give up, MM will be looking at the $4.14B in short liquidation at $62K BTC. pic.twitter.com/NtWnK9Dn41

— Seth (@seth_fin) June 30, 2026 Seth calls these traders “degens” because many are using extremely high leverage, sometimes as much as 100x.

However, Seth says the much bigger opportunity sits above the market. Around $62,000, there is nearly $4.14 billion in cumulative short liquidations. If Bitcoin climbs into that zone, short sellers may be forced to buy back their positions, pushing the price even higher.

Bitcoin to Visit $50K, Before Rally BeginsAdding another perspective, crypto trader SantinoCripto analyzed Bitcoin’s 1-day liquidation heatmap and highlighted another key signal. According to him, the largest concentration of liquidity is currently sitting between $50,000 and $57,000, making this one of the most important price zones to watch in the coming weeks.

As per his analysis, markets often move toward areas where the most liquidity is concentrated, making it likely that Bitcoin could revisit this zone over the next one to two months. 

If that happens, the $50,000-$52,000 range could become the new bear market floor. 

Supporting this view, crypto analyst Ali Martinez noted that a drop to $50,000 would liquidate nearly $70 million worth of long positions, which could increase selling pressure before the market finds a stronger bottom.

History Still Favors Bitcoin in July, With an Average of 7% ReturnDespite the short-term uncertainty, historical data remains positive. Looking at the Bitcoin monthly return chart, BTC has finished July in positive 9 out of the past 13 years, with an average monthly return of around 7%.

Crypto researcher Fleh remains bullish, saying Bitcoin’s monthly Binance liquidation heatmap shows significant short liquidity above current prices. One major cluster sits near $67,645, containing roughly $247 million in liquidation leverage and about $2.26 billion in cumulative short liquidations.

July is going to be a bullish month

There is so much liquidity sitting to the upside

I think $BTC bottoms here at 60k for now targeting 75k to the upside before any chance of lower

Enjoy the rollercoaster pic.twitter.com/ux5XCMcjp2

— fleh (@cryptofleh) June 26, 2026 Based on that liquidity, Fleh believes Bitcoin could first recover toward $75,000 before any larger correction has a chance to develop.

Story Ends Here

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CMC Markets PLC (LSE:CMCX, FRA:T8Q) shares jumped more than 20% on Wednesday, changing hands at 562.5p, after the firm upgraded full-year 2027 income guidance after continued growth in its B2B business lifted expectations for margins and profit.

The online trading group said it now expects net operating income for FY2027 to be at least £550 million, materially ahead of its previous guidance range of £460 million to £480 million. EBITDA guidance was set at £250 million.

Operating expenses excluding variable remuneration are still expected to be approximately £280 million, leaving higher expected income to flow through a largely fixed cost base.

CMC said the performance reflected the scale of its B2B platforms, which are driving operational gearing and higher profit margins. It added that the B2B platform business remains positioned to scale, with several milestones expected over the next 12 months and a continuing pipeline of new opportunities.

The group’s next scheduled update is its HY2027 interim results on 19 November 2026.

Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 1:

Industrial Logistics Properties Trust (ILPT - Free Report) : This real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 6.4% over the last 60 days.

Industrial Logistics Properties has a price-to-earnings ratio (P/E) of 6.99 compared with 13.90 for the industry. The company possesses a Value Scoreof A.

Cenovus Energy Inc. (CVE - Free Report) : This integrated energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 38.2% over the last 60 days.

Cenovus Energy has a price-to-earnings ratio (P/E) of 7.92 compared with 8.60 for the industry. The company possesses a Value Score of A.

Delek US Holdings, Inc. (DK - Free Report) : This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 44% over the last 60 days.

Delek US Holdings has a price-to-earnings ratio (P/E) of 9.79 compared with 12.60 for the industry. The company possesses a Value Score of A.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

nCino bringing intelligent lending to life at Norway’s largest financial institution July 01, 2026 02:30 ET  | Source: nCino, Inc.

LONDON, July 01, 2026 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the platform for agentic AI banking, today announced that DNB has gone live on the nCino Platform, powering its corporate lending business, with plans to extend to SME lending next year. 

Headquartered in Oslo, Norway, DNB serves over 2 million retail customers and more than 200,000 corporate clients across a global network of branches. As the world’s leading shipping- and seafood-bank and a major international player in the energy sector, DNB offers a comprehensive range of products and services.

To support its continuous growth ambitions and modernisation journey, DNB recognised the need to modernise core credit systems to create a strong foundation for long term business value.  

"For 200 years, DNB has supported its customers through changes big and small,” said Cecilie Kirsebom Foyn-Bruun, Executive Vice President of Lending at DNB. “As we went through our own digital transformation, it made sense to go with a company who could support us through a big change.”

DNB selected the nCino Platform to support its ambitions, deploying nCino for Commercial Lending alongside Banking Advisor, nCino's AI-powered conversational interface that embeds intelligence directly into banker workflows. Now live, following an nCino gold standard implementation supported by Deloitte, the Bank plans to continue the nCino rollout across branches in nine countries.

“With nCino, we get a future proof foundation to work more efficiently and smarter to create value for our Corporate customers across industries and markets,” added Foyn-Bruun. “The goal is that our bankers have what they need to do their best work: a single platform, connected data and the intelligence to move faster for our clients."

"DNB is one of Europe's most respected financial institutions, and we're proud to be the platform they've chosen to power its next chapter,” added Joaquín de Valenzuela, Managing Director of EMEA at nCino. “This partnership speaks to the trust financial institutions across EMEA are placing in nCino, and we're committed to growing alongside them. With the nCino Platform and its agentic capabilities, DNB will have the intelligence to make faster, data-informed decisions with AI that doesn't just inform action but helps drive it."  

About nCino 
nCino (NASDAQ: NCNO) is the platform for agentic AI banking. With over 2,700 customers worldwide — including community banks, credit unions, independent mortgage banks, and the largest financial entities globally — nCino offers a trusted, agentic platform purpose-built for financial services and regulated industries. By deploying AI agents alongside human teams, nCino's dual workforce enables institutions to eliminate inefficiencies, sharpen decision-making and deliver better outcomes for the customers they serve. For more information, visit www.ncino.com.

About DNB
DNB is Norway's largest financial services group and one of the largest in the Nordic region in terms of market capitalisation. The Group offers a full range of financial services, including loans, savings, advisory services, insurance and pension products for retail and corporate customers. For more information, visit www.dnb.no. 

Forward-Looking Statements: This press release contains forward-looking statements about nCino's financial and operating results, which include statements regarding nCino’s future performance, outlook, guidance, the benefits from the use of nCino’s solutions, our strategies, and general business conditions. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions and the negatives thereof. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, but not limited to risks associated with (i) adverse changes in the financial services industry, including as a result of customer consolidation or bank failures; (ii) adverse changes in economic, regulatory, or market conditions, including as a direct or indirect consequence of higher interest rates; (iii) risks associated with acquisitions we undertake, (iv) breaches in our security measures or unauthorized access to our customers’ or their clients' data; (v) the accuracy of management’s assumptions and estimates; (vi) our ability to attract new customers and succeed in having current customers expand their use of our solution, including in connection with our migration to an asset-based pricing model; (vii) competitive factors, including pricing pressures and migration to asset-based pricing, consolidation among competitors, entry of new competitors, the launch of new products and marketing initiatives by our competitors, and difficulty securing rights to access or integrate with third party products or data used by our customers; (viii) the rate of adoption of our newer solutions and the results of our efforts to sustain or expand the use and adoption of our more established solutions; (ix) fluctuation of our results of operations, which may make period-to-period comparisons less meaningful; (x) our ability to manage our growth effectively including expanding outside of the United States; (xi) adverse changes in our relationship with Salesforce; (xii) our ability to successfully acquire new companies and/or integrate acquisitions into our existing organization; (xiii) the loss of one or more customers, particularly any of our larger customers, or a reduction in the number of users our customers purchase access and use rights for; (xiv) system unavailability, system performance problems, or loss of data due to disruptions or other problems with our computing infrastructure or the infrastructure we rely on that is operated by third parties; (xv) our ability to maintain our corporate culture and attract and retain highly skilled employees; and (xvi) the outcome and impact of legal proceedings and related fees and expenses. 

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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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Six industry-leading partners — Accenture, Cirrus, Deloitte, Route 101, and TTEC — named as inaugural AI Specialization partners under the NiCE 360 Partner Program

HOBOKEN, N.J.--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced the launch of the NiCE AI Specialization Program, a formal, criteria-based recognition within the NiCE 360 Partner Program designed to recognize partners delivering measurable outcomes for enterprise organizations. As part of the launch, NiCE has named six inaugural AI Specialization partners: Accenture, Cirrus, Deloitte, TTEC, and Route 101.

The NiCE AI Specialization Program establishes one of the industry's most rigorous standards for AI delivery. Modeled on industry-recognized frameworks, it gives enterprise buyers a trusted, independently verified way to identify the partners proven to deliver AI at scale, setting a new benchmark for enterprise AI delivery.

“Enterprises are placing significant investment in AI, and they need partners with deep AI skills and experience that provide advisory consulting and implementation services. The NiCE AI Specialization Partner Program sets that standard. It recognizes the partners who have proven they can turn NiCE AI into measurable business outcomes, and gives every enterprise a trusted, independently verified way to choose who to build with,” said Dorothy Copeland, Chief Partner Officer, NiCE.

Every AI Specialization partner is validated against three pillars — People, Practice and Performance — that together prove they can deliver enterprise AI at scale:

People: A bench of certified AI talent, including NiCE Certified AI Engineers (NCAE) at Practitioner level or above, Conversation Designers and dedicated AI Delivery Leads, so that every engagement is backed by credentialed human expertise. Practice: Proven, live deployments across the NiCE AI suite, including Cognigy, Autopilot, Copilot, Auto Summary and Proactive AI, spanning at least three distinct use-case categories and one or more enterprise-scale engagements. Performance: Independently verified business outcomes, including AI-attributed annual contract value (ACV), customer satisfaction (CSAT) scores, net retention and enterprise references that demonstrate measurable impact. "The NiCE AI Specialization affirms our commitment to outcomes over promises. Being part of this first cohort reflects the depth of our certified talent and the impact of the deployments we deliver across the full NiCE AI suite," said Jason Roos, CEO, Cirrus.

“The NiCE AI Specialization recognizes what our clients already experience: a partner that pairs deep NiCE expertise with a relentless focus on outcomes and quality. Being named in this first cohort validates the dedicated certified talent and proven deployments we bring to every engagement,” said Stephan Schuessler, Partner Technology & Transformation, Deloitte Consulting.

"Being named among the first AI Specialization partners reflects the standard we hold ourselves to on every engagement. This recognition is built on certified talent, live deployments, and the measurable outcomes our enterprise clients count on," said Russell Attwood, CEO, Route 101.

"The enterprise market is flooded with AI hype, but technology alone doesn't solve business challenges. True transformation requires connecting advanced tools with a company's broader operational and technology ecosystem. Being recognized as both an inaugural NiCE AI Specialization partner and a Platinum Partner reinforces TTEC Digital’s ability to deliver the deep consulting and end-to-end integration required to make AI work at scale and drive meaningful outcomes," said Chris Brown, President, TTEC Digital.

The AI Specialization Program is the first in a planned roadmap of Specializations under the NiCE 360 Partner Program. NiCE plans to roll out a series of product and vertical-market specializations throughout 2026 and 2027. As the program expands, enterprises will be able to choose partners with deep, validated expertise in their specific industry, pairing proven delivery with the domain knowledge that turns technology into measurable results in their market.

About the NiCE Certified AI Engineer (NCAE) Program
The NCAE program is an individual certification pathway that validates hands-on expertise in designing, deploying, and optimizing enterprise-grade AI agent solutions on the NiCE platform. Credentials are earned by individuals, not partner organizations, through a combination of self-paced learning, instructor-led workshops, and real-world deployment assessments. Levels include Associate, Practitioner, and Expert.

About NiCE
NiCE (Nasdaq: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE’s platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes.

Trademark Note: NiCE and the NiCE logo are trademarks of NICE Ltd. All other marks are trademarks of their respective owners. For a full list of NICE's marks, please see: www.nice.com/nice-trademarks.

Forward-Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including the statements by Ms. Copeland, are based on the current beliefs, expectations and assumptions of the management of NICE Ltd. (the “Company”). In some cases, such forward-looking statements can be identified by terms such as “believe,” “expect,” “seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,” “plan,” “estimate,” or similar words. Forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including but not limited to the impact of changes in general economic and business conditions; competition; successful execution of the Company’s growth strategy; success and growth of the Company’s cloud Software-as-a-Service business; rapid changes in technology and market requirements; the implementation of AI capabilities in certain products and services, decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications; difficulties in making additional acquisitions or difficulties or effectively integrating acquired operations; loss of market share; an inability to maintain certain marketing and distribution arrangements; the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners; cybersecurity attacks or other security incidents; privacy concerns; changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geopolitical conditions, including those arising from political instability or armed conflict that may disrupt our business and the global economy; our ability to recruit and retain qualified personnel; the effect of newly enacted or modified laws, regulation or standards on the Company and our products and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”). For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports filed from time to time with the SEC, including the Company’s Annual Report on Form 20-F. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company undertakes no obligation to update or revise them, except as required by law.

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