Track market-moving stories before they get noisy

Investors interested in Building Products - Miscellaneous stocks are likely familiar with Jacobs Solutions (J) and Masco (MAS). But which of these two companies is the best option for those looking for undervalued stocks?

Investors looking for stocks in the Computers - IT Services sector might want to consider either Roper Technologies (ROP) or Jack Henry (JKHY). But which of these two companies is the best option for those looking for undervalued stocks?

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 30:

Tilly's, Inc. (TLYS - Free Report) : This specialty retail company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 64.7% over the last 60 days.

Tilly's shares gained 95.4% over the last six months compared with the S&P 500’s decline of 8.0%. The company possesses a Momentum Score of A.

Fomento Económico Mexicano, S.A.B. de C.V. (FMX - Free Report) : This beverage bottling company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.5% over the last 60 days.

Fomento Económico Mexicano’s shares gained 19.8% over the last three months compared with the S&P 500’s decline of 12.9%. The company possesses a Momentum Score of A.

Reddit, Inc. (RDDT - Free Report) : This online community platform has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.4% over the last 60 days.

Reddit’s shares gained 29.5% over the last three months compared with the S&P 500’s decline of 12.9%. The company possesses a Momentum Score of B.

See the full list of top ranked stocks here

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

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AnnouncementsPublished on: Jun 30, 2026

Share postIn BriefLearn how to move your crypto from a centralized exchange to Trust Wallet. Take control with self-custody, hold your own keys, and manage assets across 100+ chains.

Most people start their crypto journey on a centralized exchange, it's convenient, liquid, and familiar. But there's a difference between holding crypto and truly owning it. With a self-custody wallet like Trust Wallet, you hold your own keys and take full control of your assets across 100+ blockchains. Here's how to make the shift in minutes.

Download Trust Wallet

Why Move Off a CEX? When you keep crypto on an exchange, you're trusting that platform to protect your funds. The exchange holds your funds, meaning you're depending on their security measures and business practices.

Self-custody with Trust Wallet eliminates these risks. You hold your own private keys, giving you complete ownership and control of your crypto. Your assets remain secure under your direct control.

The responsibility of self-custody requires you to protect your seed phrase and follow security best practices. For crypto users, this trade-off may be worth the peace of mind and financial independence.

How to Get Started with Trust Wallet Trust Wallet is available as a mobile app for both iOS and Android devices. Visit the App Store (iOS) or Google Play Store (Android) and search for "Trust Wallet". Alternatively, Download and install the app.

Once you have the app installed, you can create a new wallet by following these simple steps:

Choose "Create a New Wallet" and review the Terms of Service and Privacy Policy.

Set a 6-digit password as your security code to access your wallet.

Back up your wallet by writing down the 12-word recovery phrase displayed on the screen. This phrase is crucial for restoring your wallet in case of loss or theft.

Confirm your recovery phrase by selecting each word in the correct order.

Step-by-Step: Using Deposit From Exchange Moving your crypto from Binance or Coinbase to Trust Wallet takes just a few minutes with the deposit from exchange feature. Here's a step-by-step guide on how to use Trust Wallet's 'deposit from exchange' feature:

Find and choose your desired crypto. We use Bitcoin (BTC) for this example.

Select "Receive" from the home screen.

Select deposit from exchange.

Choose from the exchange options available.

Log in to your centralized exchange account.

Initiate a withdrawal and select Bitcoin (BTC) as the withdrawal asset.

Choose the option to withdraw to an external Bitcoin wallet.

Paste your Trust Wallet BTC address and confirm the withdrawal.

Once submitted, the transaction will be processed on-chain. Funds typically arrive within minutes to a few hours, depending on network congestion.

What Makes Trust Wallet Different Trust Wallet stands out by offering true self-custody combined with user-friendly features, and gives you complete ownership of your digital assets. The wallet supports millions of tokens across 100+ blockchains, making it versatile for any crypto portfolio.

Trust Wallet's built-in Security Features protect your assets without compromising convenience. Trust Wallet encrypts your private keys on your device, and they never leave your control. When using Trust Wallet, you also benefit from the Security Scanner that warns you about potentially dangerous transactions before approving them.

Trust Wallet also goes far beyond safekeeping. Swap across 10M+ assets on 100+ blockchains, buy crypto with 110+ fiat currencies, and stake on-chain to earn rewards. And where available for those who want to go further, Trust Wallet supports perpetual futures trading with up to 200x leverage, prediction markets, and tokenized real-world assets, U.S. stocks and ETFs, accessible on-chain 24/7.*

Use your self-custody wallet to access the entire crypto ecosystem.

Safety reminder: Your recovery phrase is the master key to everything. No legitimate service ever needs it. If you lose it, no one can recover your funds for you, which is the cost of true ownership. Test any new wallet with a small amount before moving large sums.

Download Trust Wallet

Disclaimer: Features referenced above are provided by independent third parties under their own terms; Trust Wallet does not provide, operate, control, or act as counterparty to those services. Availability of any feature varies by jurisdiction and is not offered where restricted or prohibited; the mention of a feature is not an offer or solicitation in any jurisdiction where it would be unlawful. Leveraged and derivative products carry extreme risk, including the total loss of your deposit and forced liquidation. Tokenized securities and real-world assets carry the risks of the underlying instruments and may not confer the same legal rights or protections as direct ownership. Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.

Join the Trust Wallet community on Telegram. Follow us on X (formerly Twitter), Instagram, Facebook, Reddit, Warpcast, and Tiktok

Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.

Simple and convenient to use, seamless to exploreDownload Trust WalletDownload Trust Wallet

Key Takeaways QUBT is expanding quantum photonics R&D and ended Q1 2026 with about $1.4B in cash and investments. D-Wave reported surging bookings, a larger sales pipeline and plans to deliver at least 2 systems in 2026. QUBT trades at a lower forward P/S than QBTS, while analysts see higher upside from current levels. Over the past year, shares of Quantum Computing Inc. (QUBT - Free Report) or QCi and D-Wave Quantum (QBTS - Free Report) have lost 3.4% and 8.9%, respectively, significantly outperforming the industry’s 16.3% decline. The primary challenges facing the quantum computing market are extreme physical fragility, massive error-correction overhead, prohibitive infrastructure costs and a severe global talent shortage.

However, as the quantum computing industry continues its transition from a research frontier to real-world validation, different underlying technologies are emerging as potential winners. Given these positives, QCi’s revenues increased to $3.7 million from $39,000 in the first quarter, while D-Wave’s bookings were up 1,994% from the year-ago period’s level. 

It is time for investors to assess whether this momentum can extend through 2026. Let’s find out.

Image Source: Zacks Investment Research

The Case for QUBTQCi is continuously investing in research and development (R&D) to strengthen its position in quantum photonics and scalable quantum computing. During the first quarter of 2026, the company expanded its engineering, scientific and technical workforces, contributing to a 133.5% year-over-year increase in research and development expenses.

One of QCi's primary R&D initiatives is the development of the next version of its Dirac quantum optimization platform. QCi is also advancing its gate-based quantum computing program, which aims to create a scalable, room-temperature quantum computer using photonic technology. QCi’s recent acquisitions of Luminar Semiconductor and NuCrypt have significantly expanded its research talent base and technical capabilities, supporting a vertically integrated approach to quantum technology development.

QCi exited the first quarter of 2026 with a strong balance sheet, providing the company with financial flexibility to carry out its growth strategy. Quantum Computing ended the quarter with cash, cash equivalents and investments of about $1.4 billion, demonstrating that the company maintained a substantial liquidity position. QCi’s financial strength is further reflected in its total assets of about $1.6 billion and stockholders' equity of approximately $1.6 billion. Total liabilities accounted for $23.4 million, much lower than the cash level.

The Case for QBTSD-Wave continues to advance its annealing platform through Advantage2 and the Leap cloud service. Commercial momentum carried into the first quarter of 2026. The company’s sales opportunity pipeline and average potential deal size more than doubled versus the fourth quarter of 2025. It further expects two to three system deals per year with delivery of at least two systems in 2026.

The company is extending its product set into gate-model computing following the Quantum Circuits acquisition in January 2026. It highlighted dual-rail qubits with built-in error detection and on-chip cryogenic control as key elements of its gate-model approach. Alongside this longer-dated gate-model roadmap, the company continues to add commercial annealing applications in production and expand research use cases, including work in quantum AI and blockchain benchmarking. 

At the end of the first quarter, cash and cash equivalents totaled $338.2 million and marketable investment securities amounted to $250.2 million. Operating cash outflow was $45 million, while investing cash outflow included $250.8 million of cash consideration for the Quantum Circuits acquisition. Even after that step-down, the balance sheet supports continued investment in R&D, sales coverage and system installations. Leap cloud utilization was below 50% entering 2026, which leaves capacity headroom and additional annealing systems can be installed within months at modest cost.

Valuation: QUBT vs. QBTSQuantum Computing currently trades at a forward one-year price-to-sales (P/S) of 82.07X, much lower than its median. D-Wave’s 134.08X P/S also sits below its median. 

Image Source: Zacks Investment Research

Short Term Price Target Favors QUBT Over QBTSQUBT: Based on short-term price targets offered by six analysts, the average price target of $18.33 represents an increase of 99.67% from the last closing price.

Image Source: Zacks Investment Research

QBTS: Based on short-term price targets offered by 13 analysts, the average price target of $38.31 represents an increase of 68.32% from the last closing price.

Image Source: Zacks Investment Research

End NoteBoth QCi and D-Wave Quantum are making meaningful investments to strengthen their positions in the rapidly evolving quantum computing industry but they are pursuing different strategies. QUBT is focused on building a vertically integrated photonics ecosystem supported by a sizable cash position to fund long-term research and product development. 

Meanwhile, QBTS benefits from stronger commercial traction. The company's growing sales pipeline, expected system deployments and expanding cloud business demonstrate increasing customer adoption. Also, a healthy balance sheet provides sufficient resources to continue investing in innovation and commercialization.

For investors, QCi, currently carrying a Zacks Rank #2 (Buy), appears to be the stronger choice, given that it has outperformed D-Wave in the year-to-date period. QUBT is more attractively valued than QBTS. Investors who already own D-Wave, which carries a Zacks Rank #3 (Hold), may consider holding the stock for long-term gains. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Figma generated $97.3M operating cash flow and $88.6M free cash flow in Q1 2026 with strong margins.FIG benefited from customer prepayments, boosting liquidity through higher deferred revenue and collections.Figma ended the quarter with about $1.6B in cash to support AI, product development and growth initiatives. Figma's (FIG - Free Report) cash flow profile remains exceptionally strong. During the first quarter of 2026, Figma generated an operating cash flow of $97.3 million, representing an operating cash flow margin of 29%, while free cash flow reached $88.6 million, or a 27% free cash flow margin.

Working capital also provided a meaningful boost to operating cash flow. Accounts receivable declined by $59.5 million, reflecting strong collections and customer payments, while deferred revenues increased $32.3 million as customers continued to pay upfront for subscription services.

This favorable working capital structure allows Figma to receive cash before recognizing revenues, creating a sustainable source of operating liquidity. Capital expenditures remained modest at $7.8 million, while only $0.9 million was invested in capitalized internal-use software, underscoring the company's low capital intensity and enabling most operating cash flow to convert into free cash flow.

Figma's investing cash flows were largely driven by routine purchases and maturities of marketable securities rather than significant business investments, while financing cash flow primarily reflected employee equity-related tax settlements and stock option exercises.

The company ended the quarter with approximately $1.6 billion in cash, cash equivalents and marketable securities, providing substantial financial flexibility to fund AI initiatives, product development and future growth opportunities. Figma's recurring subscription revenues, customer prepayments, low capital requirements and strong free cash flow generation position it among the highest-quality cash-generating software companies.

How Competitors Fare Against FigmaFigma operates in a crowded design and product workflow market with established incumbents and newer AI-native tools, including AI coding tools, AI design tools, AI website builders and AI product-development platforms.

Figma faces constant competitive challenges from established players, including Adobe (ADBE - Free Report) and Atlassian (TEAM - Free Report) . Atlassian is focusing on adding generative AI features to some of its collaboration software.

Atlassian is partnering with Google Cloud to bring Atlassian’s AI-powered teamwork platform, including Jira, Confluence and Loom, onto Google’s AI-optimized infrastructure. Maintaining product leadership in this marketplace requires sustained investment and higher operating costs. Adobe recently partnered with Google Cloud to enhance Adobe’s creative ecosystem with AI.

Figma’s Share Price Performance, Valuation and EstimatesFigma shares have lost 48.9% year to date. The Zacks Internet - Software industry has declined 14.2% in the same period.

FIG YTD Performance Chart
Image Source: Zacks Investment Research

Figma stock is trading at a premium, with a forward 12-month Price/Sales of 5.41X compared with the Internet - Software industry’s 3.62X. FIG has a Value Score of F.

FIG Forward 12-Month (P/S) Valuation Chart
Image Source: Zacks Investment Research

The consensus mark for 2026 loss is pegged at 78 cents per share. The loss per share has widened by 5 cents over the past seven days.

Image Source: Zacks Investment Research

Figma currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

SanDisk shares SNDK rose 4.9% in early trading on Tuesday after Bernstein raised its price target on the stock, citing durability in its future business model.

The move comes as investors continue to assess the strength of the ongoing memory supercycle, driven by surging demand for components used in artificial intelligence data centers.

SanDisk and Micron have emerged as key beneficiaries of this trend, with memory demand accelerating across AI, cloud, hyperscale, and enterprise data center markets.

SanDisk has also been the best-performing stock in the S&P 500 in 2026, with shares surging 767% year to date.

Bernstein raised its price target on SNDK to $3,000 from $1,700, while maintaining an overweight rating.

The new target sits well above the analyst consensus of $1,845.64 and implies approximately 46% upside from Monday’s closing price.

In its note, Bernstein emphasized structural changes in memory contracting practices, particularly the evolution of long-term agreements (LTAs).

Bernstein said new memory long-term agreements, or LTAs, are different from older ones: they have fixed or range-bound prices, longer terms, and include upfront financial commitments to lock in customers and protect downside.

The firm highlighted that SanDisk’s pricing structure reflects this shift.

Based on data provided by companies, Bernstein estimated that SanDisk’s floor price in recently signed long-term agreements is around $0.29 per gigabyte.

The firm said this level is meaningfully higher than the effective floor prices it attributes to competitors, including Micron Technology, which it estimates are below the company’s second-quarter realized pricing.

The newer long-term agreements represent a structural shift in memory contracting practices, reshaping the economics of the NAND flash market.

These agreements help reduce exposure to traditional cyclical downturns in the industry.

Long-term agreements were also highlighted in Micron’s fiscal third-quarter results, which exceeded expectations.

The company announced 16 strategic customer agreements (SCAs), described as non-cancellable contracts typically running for five years, which analysts say provide strong revenue visibility across the semiconductor industry.

SanDisk’s rally has also been supported by its positioning in AI-related storage demand.

Since separating from Western Digital in February 2025, the company has focused on becoming a pure-play flash memory provider, with exposure to enterprise and AI-driven storage markets alongside its consumer business.

The company supplies enterprise solid-state drives (SSDs), high-capacity Non-Volatile Memory Express (NVMe) drives, and storage platforms used in artificial intelligence, cloud, hyperscale, and enterprise data centers.

However, it remains smaller in market presence compared with peers such as Samsung, Micron, Kioxia, and Solidigm.

Bernstein said SanDisk has additional room to benefit from newer long-term agreements that improve revenue stability and reduce downside risk in the memory cycle.

“While these LTA’s do not completely remove risk of future downcycles, they do significantly alleviate downside risk,” analyst Mark Newman said Tuesday in a note to clients.

Bernstein also projected long-term earnings potential tied to these agreements, estimating SanDisk could reach earnings of $214 per share by fiscal year 2030. That compares with a potential $81 per share scenario without LTAs, according to the firm.

The analyst call aligns broadly with Wall Street sentiment. Of the 24 analysts covering SanDisk, 21 currently rate the stock as a buy or strong buy, according to LSEG data.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Modine (MOD - Free Report) Modine Manufacturing Company designs, engineers, and manufactures mission-critical thermal management products that heat, cool, and ventilate across commercial, industrial, and vehicular end markets. The company provides customer-centric systems, services, and components spanning HVAC (heating, ventilating, air conditioning) and refrigeration applications, along with engineered heat transfer systems and components for on- and off-highway OEMs.

MOD is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. MOD has a Growth Style Score of A, forecasting year-over-year earnings growth of 54% for the current fiscal year.

For fiscal 2027, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.50 to $7.73 per share. MOD boasts an average earnings surprise of +14.2%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, MOD should be on investors' short list.

New York, New York--(Newsfile Corp. - June 30, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/FUTU.

Futu Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Futu was not in compliance with the requirements of the China Securities Regulatory Commission ("CSRC"), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval; as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and as a result of the foregoing, Futu's financial results were overstated; and as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.What's Next for Futu Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/FUTU, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Futu you have until August 25, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Futu Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Futu Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

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Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303312

Source: Bronstein, Gewirtz & Grossman, LLC

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Few large-cap stocks have rerated as violently in 2026 as Seagate Technology (NASDAQ:STX | STX Price Prediction). The hard drive maker has ridden a wave of AI-driven storage demand, HAMR product qualification wins, and serial earnings beats to one of the largest moves in the NASDAQ this year. After such an extraordinary run, the question is whether the stock has already priced in the next several years of structural growth.

Our 24/7 Wall St. price target for Seagate is $910.77, modestly below the current quote of $968.53. That implies -5.96% over the next 12 months, with a confidence level of 90%. The recommendation is hold.

Metric Value Current Price $968.53 24/7 Wall St. Price Target $910.77 Upside/Downside -5.96% Recommendation HOLD Confidence Level 90% Why We Could Be Wrong Seagate is one of the most debated names in tech. Our 24/7 Wall St. price target sits below current levels, and the bull case is real. Mizuho lifted its target to $1,090 and Morgan Stanley took its target to $1,035 on a multi-year HDD shortage thesis. If pricing accelerates into fiscal 2027, the stock can clear our number.

How a 590% One-Year Run Reset the Setup Seagate has gained 252.59% year to date and 590.38% over the past year, with shares jumping 7.63% on June 29 alone.

The catalyst was Q3 FY2026 revenue of $3.11 billion, up 44.07% YoY, paired with non-GAAP EPS of $4.10 and a 47% non-GAAP gross margin. Data center revenue grew 55% YoY to $2.5 billion, and Seagate guided Q4 to $3.45 billion in revenue and $5 in EPS. Shares now sit 22% below the 52-week high of $1,144.18.

The Case for $1,100+ Bulls point to CEO Dave Mosley saying Seagate is “entering a new era of structural growth as AI applications amplify data creation and support sustained storage demand.” Management raised its annual revenue growth target from low- to mid-teens to a minimum of 20%, with nearline capacity allocated through calendar 2027 and the top three CSPs sitting on $1.1 trillion in RPO.

Melius Research initiated with a Buy and 55% upside on June 29. If Mozaic 4 hits 70% of nearline exabyte shipments by end of fiscal 2027, the bull case scenario points to $1,200.63.

The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.

What Could Go Wrong The bear case starts with valuation. Fox Advisors downgraded to Equal-Weight on June 27, citing overly optimistic HDD pricing assumptions. Insider activity has turned to net selling across 197 transactions.

Risks include dilution from Exchangeable Senior Notes due 2028, Middle East exposure, and the Pillar Two minimum tax. Bulls counter that Seagate retired $641 million in debt last quarter and earned a Fitch upgrade to investment grade. The bear scenario points to $674.57, a reminder of how quickly multiples compress.

Seagate Price Prediction 2026-2030 The 24/7 Wall St. price target of $910.77 reflects high conviction in fundamentals and lower conviction in the multiple. The setup would strengthen if the June quarter prints another double-digit beat and management extends visibility into calendar 2028 with pricing intact. The thesis would weaken if HDD pricing flattens or hyperscaler capex softens. For now, the model reads hold.

Looking further out, here is where our model projects Seagate could trade, assuming current trajectories hold and the multiple normalizes toward the sector.

Year 24/7 Wall St. Price Target 2026 $910.77 2027 $935 2028 $950 2029 $960 2030 $962.95 These projections assume Seagate executes on its HAMR roadmap and AI storage demand stays durable. Significant upside could come from a structural HDD shortage extending into 2028, while sharper downside is possible if hyperscaler capex pauses or pricing rolls over.

If You'd Bought Amazon When the Motley Fool Said To…In September 2002, Stock Advisor told subscribers to buy Amazon. In December 2004, Netflix. In April 2005, Nvidia. The newsletter still publishes two new stock picks every month — and over 23 years, has more than quadrupled the S&P 500. Here's how to get this month's picks:

- Join Stock Advisor for one year, with a 30-day money-back guarantee

- Get this month's two new picks — plus the Top 10 Rankings and the full historical pick list

- Read the analysis, decide for yourself, and trade through your own brokerage

Five years from now, you'll probably wish you'd bought this month's picks. Don't miss them.

Contact [email protected] for any questions or corrections.

Space Exploration Technologies (SPCX) has reportedly explored contributing company shares to the Trump administration's new children's savings initiative, known

I had been a professional trader for nearly 15 years before I fell into trading options seriously. After a decade and half of a constant, high-stakes grind, I sold my stake in a successful trading firm and decided to take a year off from trading to recharge.

It was during that year that I became close friends with a neighbor of mine. He was a market maker at the Chicago Board Options Exchange (CBOE). He gave me a behind the scenes look at his operations — along with his trading statements — and I was blown away.

Despite all of my experience, I realized then there was a whole world of trading I hadn’t tapped into — options trading. I spent months managing his book for free, and after I got my sea legs, I decided to set out on my journey to become a market maker myself.

What drew me to options — and what keeps me coming back even after all these years — is their incredible versatility. Unlike stocks, options allow you to express a range of opinions about a stock’s future. Will it rise? Fall? Stay flat? With options, you can craft strategies to profit no matter the scenario.

This flexibility is why I now consider options the ultimate trading vehicle. They offer the perfect balance of leverage and risk management, which makes them the perfect instrument for traders to use their experience and creativity to find setups with truly explosive potential.

Options Provide Flexibility

With options, we’re not limited to simply buying or selling shares at the current stock price. Options traders have the ability to express their opinions on a specific company, fund, or commodity in a variety of ways. Not only can we choose directionality with calls and puts, but we can also choose what price levels we want to target…

If we think Apple Inc. (AAPL) is going to $250, we can buy the $250 out-of-the-money calls instead of buying the at-the-money $225 calls, getting our portfolio leveraged exposure to the rise in share price — usually at a fraction of the cost.

The downside, of course, is that there’s no guarantee Apple will go up, let alone approach that $250 mark before our options expire. If an option expires out of the money (OTM), its value drops to zero and we lose our initial investment. That might sound scary, but it’s also one of the reasons options are such a powerful tool when used strategically.

Unlike buying the stock outright, where a drop in price could wipe out a significant portion of your portfolio, with options your maximum loss is capped at the initial premium you paid. This built-in risk limitation is a safety net available to traders that far too many overlook.

Even better, options offer flexibility that allows us to adapt our trades to changing market conditions.

If we’re holding that $250 call and Apple starts moving in the right direction, but stalls around $240, we’re not stuck watching our trade decay into a loss… Instead, we can take action and transform that single call into a vertical spread by selling a higher strike call, say at $260. Doing this brings in premium that reduces our initial cost, lowers our breakeven point, and keeps the trade alive with a more defined risk and reward.

Let’s break that down a little…

What Is a Vertical Spread?

Simply put, vertical spreads are positions that require us to buy and sell options of the same type and expiration date at different strike prices. When we say “vertical,” we’re referring to the position of the strike prices – essentially, one position offsets the other, which defines whether it’s a credit or debit spread.

Here’s a simple rule of thumb… Bullish vertical spreads increase in value when the underlying asset rises. Conversely, bearish vertical spreads profit from a decline in price.

Going a little deeper, a bullish vertical spread would require us to buy a bullish call spread and a bullish put spread. We simply buy the option with the lower strike price and sell the option with the higher strike price. 

A bearish vertical spread requires us to use bearish call spreads or bearish put spreads. We then sell the option with the lower strike price and buy the option with the higher strike price.

In both scenarios, we need to understand the role of debits and credits.

Debit, Credit, and Implied Volatility in Vertical Spreads

A credit is simplymoney received in an account. A credit transaction is one in which the net sale proceeds are larger than the net buy proceeds (cost), thereby bringing money into the account.

On the other side, a debit is an expense, or money paid out from an account. A debit transaction is one in which the net cost is greater than the net sale proceeds.

If we think about the examples above, the bullish call spread actually produces a net debit while the bullish put spread results in a net credit at the outset. 

When we talk about debits and credits, we’re specifically paying attention to how volatility affects the overall trajectory of our trades. In this sense, we must always be aware of how Implied Volatility (IV) affects our overall thesis. This is a measurement of how much the price of an option’s underlying stock is expected to fluctuate over the life of the options contract (non-directional).

Now that we have some terms in mind for understanding how vertical spreads work, let’s take a high-level look at the different types of vertical spreads…

The Types of Vertical Spreads

Long Call Spread (Bull Call Spread): This is a bullish, defined-risk strategy where we trade a long and short call on the same underlying asset within the same expiration date at different strikes. The short call strike is higher than the long call strike. This places a ceiling on our profit potential in the long call while covering the overall risk and cost of the position. You’ll capture a maximum profit if the market price is at or above the short call strike price at expiry. Your maximum loss would occur if the underlying price is at or below the long call strike price.

Short Call Spread (Bear Call Spread): This vertical spread is a bearish, defined-risk strategy where we trade a short and long call at different strikes using the same expiration. Both strikes are out of the money (OTM), with the short strike being closer to the stock price. If the position expires worthless and OTM at expiration, your maximum profit potential is the credit received upfront, which is capped at the net premium you collected. Your maximum loss would be the value equal to or above the long call’s strike price. Losses are essentially limited to the difference between the call strikes, minus the net premium collected upfront.

Long Put Spread (Bear Put Spread): This is a bearish, defined-risk strategy made up of a short and long put at different strikes using the same expiry. The strike price of the long put is higher than the short put. The value of a long put vertical spread increases when there’s a drop in the price of the underlying asset. You’d capture the maximum profit potential if the market price at expiration is at or below the short put’s strike price. You’d capture your largest possible loss if it’s equal to or above the long put’s strike price.

Short Put Spread (Bull Put Spread): This is a bullish, defined-risk strategy where we trade a long and short put at different strikes using the same expiry. The strike price of the short put is higher than the long put. This means the value of a short put vertical spread will decrease when there’s a rise in the price of the underlying asset. You’d capture the highest possible profit if the market price at expiration is at or above the short put’s strike price. You’d take the biggest possible loss if it’s equal to or below the long put’s strike price.

The Power of Rolling Into Spreads  

With vertical spreads, we have the power to target our upside and downside exposure without risking all of the capital we’ve put up on a single trade.

Many of our positions make use of these kinds of spreads in particular not only because they limit our risk… They also provide us different options for trade management based on whatever the markets throw at us. That’s what’s truly powerful about these trades – they allow us to stay nimble and adapt to wherever our chosen stock is heading.

Define Your Maximum Investment and Risk: Vertical spreads allow us to define and manage the maximum we can possibly lose on any position. Let’s say you’re holding a call option on Apple, and the stock has risen significantly. Instead of simply selling, consider rolling into a vertical spread by selling another call at a higher strike price. Here’s why this is powerful:

How It’s Done: When AAPL rises, you can sell a higher-strike call option against your existing position. This locks in part of your gains and reduces the position’s risk, while still keeping some upside potential. Why It Works: A spread gives you extended exposure to AAPL’s potential rise but with less capital at risk. It’s a favorite approach for traders who want to stay in the game without putting all their chips on the line. Pro Tip: One of the smartest things you can do after a winning options trade is reduce your risk without giving up all your upside. That’s exactly what vertical spreads are designed to do.

By now you understand the basic mechanics of a vertical spread. But knowing how they work is only half the equation. The real advantage is knowing when to use them.

In this video, I walk through why vertical spreads have become one of the cornerstones of my options strategy. Using real trades from our own portfolio, I show how selling a higher-strike option can dramatically reduce your capital at risk, define your maximum loss, and still leave room for substantial gains if the stock keeps moving in your favor.

Rather than simply taking profits and walking away, vertical spreads allow you to stay with your best ideas while steadily shifting the odds in your favor. It’s one of the most effective ways I know to trade with discipline over the long run.

Vertical spreads are just one tool in the toolbox. The real edge comes from understanding why we use them, when to use them, and how they fit into a complete trading plan.

That’s exactly what the Masters in Trading Options Challenge is designed to teach.

I’ll take you step by step through the same process I use every day—finding opportunities, structuring trades with defined risk, managing winners, and protecting your capital along the way. No hype. No guesswork. Just a practical framework you can apply to every trade you make.

If you’re serious about becoming a better options trader, join me inside the Masters in Trading Options Challenge. I think you’ll be surprised how quickly these concepts begin to click—and how much more confident you’ll feel every time you place a trade.

Tesla has begun testing a production version of its Cybercab that has two seats, but no steering wheel or pedals, in Austin, Texas. For now, the testing is being done with a safety monitor in the right passenger seat, according to a video posted on X, the social media platform owned by the electric car maker's CEO Elon Musk.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Let's take a look at what these Wall Street heavyweights have to say about Alphabet Inc. (GOOG - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Alphabet currently has an average brokerage recommendation (ABR) of 1.29, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 55 brokerage firms. An ABR of 1.29 approximates between Strong Buy and Buy.

Of the 55 recommendations that derive the current ABR, 45 are Strong Buy and four are Buy. Strong Buy and Buy respectively account for 81.8% and 7.3% of all recommendations.

Brokerage Recommendation Trends for GOOG

Check price target & stock forecast for Alphabet here>>>

The ABR suggests buying Alphabet, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Should You Invest in GOOG?Looking at the earnings estimate revisions for Alphabet, the Zacks Consensus Estimate for the current year has increased 0.1% over the past month to $14.3.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Alphabet. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for Alphabet may serve as a useful guide for investors.

HomeIndustriesInternet/Online ServicesTech StocksTech StocksInvestors are overlooking the potential of Alphabet’s custom-chip business as the company plans to expand its data-center capacity going into 2028, according to Morgan StanleyJune 30, 2026, 11:27 a.m. ET

Alphabet and other “Magnificent Seven” names have fallen out of favor in recent weeks as investors pivot toward memory companies on the receiving end of the hyperscalers’ heavy artificial-intelligence spending.

That creates an opportunity for investors to take advantage of recent weakness in shares of Alphabet GOOGL GOOG as the company ramps up its custom-chip business, according to Morgan Stanley analyst Brian Nowak.

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Amazon Web Services on Tuesday announced it is investing $1 billion in a new Forward Deployed Engineering unit that will help its customers build and roll out artificial intelligence systems. 

A forward-deployed engineer, or an FDE, is an employee who is embedded directly within a different business to try and accelerate a technical transformation. Defense contractor Palantir coined the term more than a decade ago, but it's seen a resurgence among software vendors looking to boost adoption by taking talent directly into clients' facilities.

Leading model developers, including OpenAI and Anthropic, announced their own FDE companies earlier this year, in partnership with banks, private equity and consulting firms. Now, AWS is looking to carve out its own piece of the market.   

"We've had capabilities over the years, but structurally this is like getting everybody together in one business unit with a common rubric of deployment," Francessca Vasquez, AWS' vice president of frontier AI engineering and services, said in an interview. "It's the first time we're doing it in that way."

Amazon, which is the top cloud provider by revenue, is the first hyperscaler to announce this kind of initiative.

Vasquez said AWS' new unit will be seeded with "thousands" of FDEs. An initial pod of roughly five or six engineers will be embedded within an AWS customer at a time, and those employees will also work alongside AI agents, which are tools that can independently complete tasks on behalf of their users.

AWS said in a blog post that its FDE embeds will partner closely with customers' business, engineering and security staffers, and they'll look to leave behind self-sufficient teams with new solutions and capabilities in a matter of weeks.

"The currency that the customers are always talking about right now is speed," Vasquez said. "We do see FDE being a choice for customers who are looking for accelerated value back to their stakeholders, their customers, their executive teams."

Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomIn May, Anthropic announced it had formed a new "AI services company" with Blackstone, Hellman & Friedman and Goldman Sachs to help mid-sized businesses deploy its Claude AI models. 

Days later, Anthropic's chief rival, OpenAI, announced the OpenAI Deployment Company alongside TPG, Advent International, Bain Capital, Brookfield Asset Management and other firms. It said the new organization would expand OpenAI's ability to embed FDEs into companies that are working on "complex problems in demanding environments."

Amazon has poured billions of dollars into both Anthropic and OpenAI, but Amazon executives have not been shy about their ambitions to compete directly with the labs in some areas. A spokesperson for AWS said the company expects to have the opportunity to work with the FDE companies from OpenAI and Anthropic, and it will share more details about its partner programs in the near future. 

Organizations including the Allen Institute, the National Basketball Association, Ricoh and the National Football League are already working with AWS FDEs, according to the company. Vasquez said companies in highly regulated industries with diverse datasets will be the next group of adopters. 

"This is for customers that are really looking at ways to evolve their workflows," Vasquez said. 

CNBC's Jordan Novet contributed to this report.

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In a note released Monday, the firm sees the combination of stronger June retail data and a 20% price increase on select AWS GPU workloads as setting up a cleaner second-half growth story for the stock.

AMZN stock is moving. See the chart and price action here.  Prime Day DeliversAdobe Analytics data show U.S. online retail spend during the Prime Day window at roughly $26.4 billion, up 9% year over year, a result that lines up with Bank of America’s expectation for mid-single-digit global GMV growth as some international events move into the third quarter. 

Discounts were broadly similar to last year, but Numerator data flagged an 11% drop in average order value on Amazon and softer satisfaction scores, pointing to a customer shift toward everyday essentials and grocery rather than big-ticket items. 

Even with smaller baskets, BofA still expects Amazon’s North America retail segment to slightly beat Street estimates for about 14% year-over-year growth.

The catch for near-term traders is timing. Bank of America estimates around $7 billion to $8 billion of sales likely shifted into the second quarter from the third quarter due to this year’s Prime Day schedule, creating potential noise around Amazon’s Q3 outlook even if full-year fundamentals remain intact. 

AWS Price HikeOn the cloud side, Amazon quietly announced a roughly 20% price increase effective July 1 for EC2 Capacity Blocks tied to GPU-heavy machine-learning workloads, following a prior 15% hike in January. 

Bank of America’s work suggests effective prices paid by customers have already risen from 2022 trough levels, and the new adjustment should add an estimated 1–2 percentage points to second-half AWS growth.

Beyond core capacity, the firm points to ramping commitments from OpenAI and Anthropic on AWS infrastructure, reinforcing a view that Amazon is leaning into AI demand with greater pricing discipline.

BofA flags some risks including tougher competition from offline and local retailers, cloud share battles in advanced AI and heavy AWS investment that could pressure margins if macro conditions soften. 

Still, with solid Prime Day demand and AWS asserting pricing power in AI workloads, Amazon’s stock remains a key name to watch as the market balances short-term guidance noise against a strengthening multi-year thesis.

AMZN Stock Price Activity: Amazon stock was down 0.86% at $238.07 at the time of publication Tuesday, according to data from Benzinga Pro.

Over the past month, AMZN has declined about 10.6% versus a 1.6% decline in the S&P 500 and is up roughly 3% year-to-date compared to the index’s 8.4% gain.

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There's more than one way to invest successfully. In fact, strategic differentiation may be necessary to outperform the market. The most successful investors all have unique strategies and characteristics that separate their portfolios from the rest of the pack.

Nonetheless, you can still find some commonalities among billionaire portfolio managers that lead them to make similar investments at times. For example, Bill Ackman, Jeremy Grantham, and Cliff Asness all made substantial investments in the same stock last quarter. And investors currently have an opportunity to pick up shares at an even better price than what the billionaire fund managers may have paid earlier this year.

Here's why Microsoft (MSFT +1.07%) fits into each billionaire's portfolio and why the stock still looks severely undervalued today.

Image source: Getty Images.

Long-term investors seeking value in today's market Ackman, Grantham, and Asness are all titans in the investment management space. Ackman runs Pershing Square, Grantham is the G in GMO, and Asness founded AQR Capital Management. They each disclosed substantial increases in Microsoft in their most recent quarterly filings with the Securities and Exchange Commission (SEC).

Pershing Square Capital Management bought about $2 billion worth of the stock, making it one of the fund's biggest positions. Ackman also disclosed purchasing the stock for his new fund, Pershing Square USA. GMO bought over 900,000 shares of Microsoft in the first quarter, making it the fund's top holding. AQR increased its stake in Microsoft by 60%, pushing it to become its second-largest position. Ackman, Grantham, and Asness are all focused on long-term horizons in their investing, and they typically pay close attention to valuation.

Ackman prefers to concentrate on intrinsic value, buying stocks with durable competitive advantages when the market offers a good price. Ackman noted Microsoft's leadership in cloud computing and enterprise software as reasons for his purchase.

Grantham prefers companies with strong recurring cash flow and tries to avoid cyclicality. He's best known for warning against bubbles and harnessing the power of mean reversion. While Microsoft is heavily tied to the much-hyped artificial intelligence (AI) trade, Grantham may still see value in the company thanks to its strong cash-flow generation.

Asness uses quantitative models that balance value and momentum investing as well as several other factors. That makes his portfolio much more systematic rather than fully based on fundamental analysis. Microsoft likely fills the role of a high-quality stock trading at a great value relative to its durable earnings growth.

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Investors are getting a great opportunity to follow these billionaires From a long-term fundamentals standpoint, Microsoft appears severely undervalued by the market. The stock currently trades at its lowest level since the start of 2024 despite strong revenue growth across both its cloud computing and enterprise software segments.

Azure, the cloud computing business, generated 40% revenue growth last quarter. Management expects that rate to accelerate in the back half of the year. That's supported by a massive backlog of $627 billion in contracted revenue, with about 25% expected to be recognized over the next 12 months.

Meanwhile, Microsoft's enterprise software segment, which includes Microsoft 365 and Dynamics 365, posted 17% year-over-year revenue growth last quarter. That was driven by the commercial adoption of its Copilot AI assistant and higher consumer prices. The former still has a long way to go as Microsoft pushes to make Copilot a standard addition to Microsoft 365 and its 450 million users. It currently counts just 20 million paid commercial Copilot users.

Microsoft should be able to grow revenue at a solid double-digit pace for the foreseeable future as demand for its cloud compute grows and it sells more Copilot subscriptions. Both should ultimately lead to improved operating margins even though the company already operates at a relatively high margin. With the stock trading for just 21 times earnings, it seems an absolute bargain at today's price. It's no wonder it's caught the eye of several of the top fund managers in the world.

, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Microsoft Corporation ("Microsoft" or the "Company") (NASDAQ: MSFT).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MICROSOFT CORPORATION (MSFT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE AUGUST 11, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between May 1, 2025 and January 28, 2026, Defendants failed to disclose to investors: (1) that Microsoft's Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (2) that Microsoft's flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (3) that Microsoft needed to increase by billions of dollars its capital expenditures and divert GPU and CPU capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related R&D; (4) that, as a result of the foregoing, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and the Company's Copilot offerings had lost market share to rival products, a trend that was increasing; and (5)  as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:  
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

SOURCE Law Offices of Howard G. Smith

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.

The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what are today's hottest industries.

Also included in Zacks Premium is the Focus List. This is a long-term portfolio of top stocks that have all the traits to beat the market.

Breaking Down the Zacks Focus ListBuilding an investment portfolio from scratch can be difficult, so if you could, wouldn't you take a peek at a curated list of top stocks?

That's what the Zacks Focus List offers. It's a portfolio of 50 stocks that serve as a starting point for long-term investors to build their individual portfolios. The stocks included in the list are set to outperform the market over the next 12 months.

One thing that makes the Focus List even more advantageous is that each pick comes with a full Zacks Analyst Report. This helps explain why each stock was selected and why we believe it's a good pick for the long-term.

The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021.

Focus List MethodologyWhen stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Earnings estimates, or expectations of growth and profitability, come from brokerage analysts who track publicly traded companies; these analysts work together with company management to analyze every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

What a company will earn down the road also needs to be taken into consideration, and this is why earnings estimate revisions are so important.

When a stock receives upward earnings estimate revisions, it will likely get even more positive changes in the future. For instance, if an analyst raised their earnings outlook last month, they'll probably do so again this month, and other analysts will follow.

Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank, which is a unique, proprietary stock-rating model, employs earnings estimate revisions to make it easier to build a winning portfolio.

The Zacks Rank consists of four main pillars: Agreement, Magnitude, Upside, and Surprise. Each one is given a raw score, which is recalculated every night and compiled into the Rank. Then, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell," using this data.

The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

Since stock prices respond to revisions, it can be very profitable to buy stocks with rising earnings estimates. By buying Focus List stocks, then, you're likely getting into companies whose future earnings estimates will be raised, potentially leading to price momentum.

Focus List Spotlight: Advanced Micro Devices (AMD - Free Report) Advanced Micro Devices has strengthened its position in the semiconductor market on the back of its strong product portfolio. Santa Clara, CA-based AMD generated revenues of $34.64 billion in 2025. The company reports operations under three segments – Data Center, Client and Gaming, and Embedded – which accounted for 48%, 42%, and 10% of revenues, respectively.

AMD, a #3 (Hold) stock, was added to the Focus List on May 19, 2025 at $117.17 per share. Since then, shares have increased 360.43% to $539.49.

17 analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.55 to $7.18. AMD also boasts an average earnings surprise of 6.5%.

Earnings for AMD are forecasted to see growth of 72.2% for the current fiscal year as well.

Reveal Winning StocksUnlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio. Gain full access now >>

I keep hitting the buy button on AMD because Lisa Su has stopped chasing NVIDIA and started co-designing the next phase of AI infrastructure alongside it. Every few months I tell myself the position is full, and every few months AMD (NASDAQ:AMD | AMD Price Prediction) gives me a fresh reason to add. The May earnings report was the latest one, and I have been adding into it ever since.

Here is what pulls me back. AMD is a fully integrated rack-scale AI vendor now, with Meta, AWS, Google Cloud, Microsoft Azure, Tencent, and OpenAI all signing multi-year roadmaps against EPYC CPUs and Instinct accelerators. The Meta deal alone covers up to 6 gigawatts of AMD Instinct GPUs, the OpenAI partnership another 6 gigawatts, and Oracle is standing up the first public AI supercluster on Helios with 50,000 GPUs in Q3 2026. That is the part of the story I think the market still underprices.

The numbers that keep me buying The first reason is the engine. Q1 2026 revenue came in at $10.25 billion, up 37.85% year over year, with the Data Center segment at $5.78 billion and 57% growth. Non-GAAP EPS of $1.37, beating the $1.2939 consensus estimate. Q2 guidance points to roughly $11.2 billion in revenue, about 46% year over year, with server CPU revenue expected to grow more than 70% year over year. That is acceleration, not deceleration, in the same window the bears swore would crack.

The second reason is visibility. Lisa Su told analysts she now sees “tens of billions of dollars in annual Data Center AI revenue in 2027” and a server CPU total addressable market climbing to over $120 billion by 2030, where she expects to capture greater than 50% share. The long-term EPS target she put on the table is more than $20. I am willing to underwrite that because she has delivered every architectural milestone she has promised for a decade.

The third reason is the balance sheet behind the ambition. AMD ended Q1 with $5.59 billion in cash, a debt-to-equity ratio of 0.071, and interest coverage of 28.2x. Full-year 2025 free cash flow hit $5.52 billion, up 129.48%, and Q1 alone produced $2.57 billion in free cash flow, up 252.96%. The company bought back $1.316 billion of stock in FY2025. This is a fortress funding an offensive.

The risk I refuse to look away from Two things genuinely worry me. The valuation is rich at a P/E above 200, and U.S. export controls on the MI308 already cost AMD roughly $440 million in net inventory and related charges in FY2025. Geopolitics can take a knife to the China line at any moment. I keep buying anyway because the Meta, OpenAI, and hyperscaler commitments sit outside that China exposure entirely, and a forward P/E of 74 against guided 46% revenue growth is a multiple I can live with on a name compounding free cash flow this fast.

Why the buy button stays active Lisa Su is engineering the only credible portfolio that can sell a customer the CPU, the GPU, the rack, and the software in one conversation. As long as she keeps pulling 2027 demand forward and the free cash flow keeps tripling, I will keep adding to AMD with both hands.

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Nike is set to report fiscal fourth-quarter results after the bell Tuesday as the shoe retailer struggles to regain sales growth and turn around its business under CEO Elliott Hill.

The company previously said it expected sales to fall for the rest of the calendar year, while projecting a decline of 2% to 4% in its fiscal fourth quarter. That expectation was well under Wall Street estimates of an increase of 1.9%.

Still, Nike said last week that its results will include an unexpected benefit from tariff refunds that was "not contemplated in the company's previously provided guidance."

Chief Financial Officer Matt Friend said on the earnings call for the fiscal third quarter that Nike expects sales to fall by a low single-digit percentage for the rest of the calendar year, led by growth in North America but offset by a big drop in China. The company's gross profit margin also took a hit last quarter due to higher tariffs in North America.

In its fiscal third quarter, Nike reported steady growth in North America with a 3% sales increase, while its Greater China market saw revenue sink 7% to $1.62 billion for the quarter.

Here's what analysts are expecting from Nike for its fiscal fourth quarter, according to a survey of analysts by LSEG:

Earnings per share: 13 cents expectedRevenue: $10.86 billion expectedFor the full fiscal year, analysts are expecting revenue of $46.27 billion and earnings per share of $1.51. They're also projecting revenue of $46.47 billion for the next fiscal year ending in May 2027.

The earnings come as Hill has been trying to reposition Nike for growth amid slumping sales. The company previously warned its turnaround would not be linear as certain parts of the business improve at different rates.

Hill previously said that the parts of the business that Nike initially focused on turning around are beginning to see "momentum."

The turnaround effort is also placed against a backdrop of macroeconomic uncertainty, with tariffs, the war in the Middle East, soaring gas prices and more. Friend said on the third-quarter earnings call with analysts that Nike could face unexpected impacts from the broader backdrop, including volatility from rising oil prices and lowered consumer confidence.

"We are focused on what we can control," Friend said at the time.

In April, Nike instituted a sweeping round of layoffs, cutting 1,400 roles across the organization in its second workforce reduction of the year.

Last week, the company announced a planned CFO transition, with former Pfizer executive David Denton taking over for Friend effective Aug. 17.

Still, Nike has seen a boom from the World Cup, hosted across North America this summer. While it's not an official sponsor, the company saw its advertisements massively outpace sneaker rival Adidas and gain significant traction across social media.

Nike will host a conference call with analysts at 5 p.m. ET.

Morgan Stanley’s Chief Investment Officer and Chief U.S. Equity Strategist Michael Wilson appeared on CNBC this morning with a framing that should give every AI-chip investor pause. The 2026 semiconductor rally, in his read, looks like the next leg of a commodity rotation set off by Fed money printing, with the AI structural story riding on top. Gold ran. Silver ran. Rare earths and energy ran. Now chips. The cycle, Wilson argues, is closer to peak than to launch.

Wilson’s Setup: A Liquidity Story Behind the AI Rally “We came into 2026, I think people expected the FED to cut rates, ourselves included. The war kind of interrupted that with the oil price spike. But what they have done is they printed a lot of money,” Wilson said.

Data backs the liquidity framing. M2 money supply sits at $23.05 trillion as of May 1, 2026, with consistent month-over-month growth and visible acceleration from December 2025 onward, when the Fed’s asset purchase program kicked off per Wilson’s timeline. Oil told a similar story before fading: WTI peaked at $114.58 on April 7, 2026 and has since cooled to $78.94 as of June 22.

The most striking piece of Wilson’s analog: “We did this chart about a month ago showing how semiconductor index was basically tracking the silver stocks from four months prior. It’s just an interesting analog.”

The Silver Tell That four-month-prior analog matters because silver has already rolled over hard. The iShares Silver Trust (NYSEARCA:SLV) is down 35.42% from March 2, 2026 through June 29, including a 22.9% drop in the last month alone. If chips really are tracking silver on a four-month lag, Wilson’s warning about a summer cooldown has a tape behind it. Investors can review the fund’s structure in the iShares fact sheet.

Beyond silver, rare earth stocks also saw a large run in this commodity rotation. The VanEck Rare Earth and Strategic Metals ETF (NYSE: REMX) is up 144% since May 30th, 2025. That’s very comparable to the run in semiconductor stocks. The VanEck Semiconductor ETF (Nasdaq: SMH) is up 170% across the same timeframe.

NVIDIA: Structural Bull, Cyclical Pause Wilson remains structurally bullish on the AI buildout. “It’s a cyclical industry. Since ChatGPT was announced, we’ve had three cyclical corrections in the semiconductor space. It’s just a correction in a structural bull market for capex. I don’t think capex is going to roll over in a hard way until probably the end of the decade.”

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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) is exhibit A for the structural side. The company posted Q1 FY2027 revenue of $81.615 billion, up 85.23% year over year, with Data Center revenue of $75.25 billion and a fourth consecutive EPS beat. Filing detail is in the company’s Q1 FY27 press release on the SEC. CEO Jensen Huang called the AI buildout “the largest infrastructure expansion in human history.”

The rate-of-change signal Wilson cites is also visible. Sequential guidance growth slowed from ~14.5% (Q4 to Q1) to ~11.8% (Q1 to Q2), and average EPS beat magnitude has held in a tight 3% to 7% range across four quarters. Big numbers, but the upside surprise is compressing.

NVIDIA shares are down 7.55% over the past month through $194.97 on June 29. Polymarket gives only a 56% probability of NVDA closing above $200 by end of June, and just 54% for end of July, consistent with the consolidation Wilson sees.

Why The Broadening Matters “The rate of change gets to a point where it’s unsustainable. That’s one of the reasons why the market is starting to go sideways. And it’s one reason why semis could take a break here,” Wilson said. He sees the rotation as constructive: “The broadening out in the stock market is a sign of a more healthy economy. Consumer discretionary, the biggest beneficiary of oil prices coming down. Transportation stocks as volume picks up through the economy again.”

The takeaway for AI investors: own the long-duration capex story, but respect the cyclical math. Wilson is long-term bullish on AI infrastructure through the end of the decade and short-term cautious that the silver-to-chips lag may still have something to say this summer.

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Key Takeaways NVDA now reports two platforms: Data Center and Edge Computing, aligning with expanding AI markets.ACIE highlights AI factory opportunities across industries and countries beyond traditional cloud providers.Edge Computing adds Gaming, AI PCs, robotics, automotive, AI-RAN and physical AI growth avenues. NVIDIA Corporation's (NVDA - Free Report) new business structure underscores expanding AI growth opportunities, supporting the case for stronger long-term revenue potential. The company has reorganized its reporting into two major platforms — Data Center and Edge Computing — to reflect its current and future growth drivers. Within the Data Center, NVIDIA now separately reports Hyperscale, and AI Clouds, Industrial & Enterprise (ACIE), giving investors greater visibility into fast-growing AI markets beyond traditional cloud providers.

The new reporting framework highlights how NVIDIA's revenue base is becoming increasingly diversified. While hyperscalers remain a major contributor, the company is seeing rising demand from AI cloud providers, enterprise customers, industrial AI deployments and sovereign AI initiatives. Management noted that ACIE captures opportunities in AI factories across industries and countries, reinforcing that future growth will come from a broader range of customers rather than a single market.

Beyond the Data Center, the revamped Edge Computing platform expands NVIDIA's addressable market. It includes Gaming, AI PCs, workstations, robotics, automotive, AI-RAN and other physical AI applications, creating additional growth avenues outside the data center. The company also highlighted strong demand across hyperscalers, model builders, AI cloud providers and enterprise customers, validating its decision to realign the business around these expanding AI ecosystems.

NVIDIA’s recent announcements further validate its new reporting framework. Continued investments in AI factories, agentic AI, robotics and physical AI demonstrate that the company is expanding into several high-growth AI markets. By aligning its reporting structure with these emerging opportunities, NVDA provides investors with greater visibility into future revenue drivers. Supporting this view, the Zacks Consensus Estimate projects fiscal 2027 revenues of $385.4 billion, representing a strong 78.5% increase year over year.

Can Rivals Match NVIDIA's New AI Growth Blueprint?As NVDA reshapes its business around the expansion of AI infrastructure and data centers, Advanced Micro Devices (AMD - Free Report) and Qualcomm (QCOM - Free Report) are evolving their operations to compete for the same long-term growth opportunities.

Advanced Micro Devices is NVIDIA's closest AI infrastructure rival, shifting its business toward Data Center and AI with EPYC CPUs, Instinct GPUs and hyperscaler partnerships. AMD leverages an open ecosystem, expanding AI software and rack-scale platforms to capture cloud demand. However, AMD still trails NVIDIA in CUDA ecosystem strength, AI software maturity and market leadership despite robust AI revenue momentum.

Qualcomm is expanding beyond smartphones by prioritizing edge AI, data-center CPUs, AI accelerators and custom silicon for hyperscalers. QCOM benefits from power-efficient AI, strong CPU expertise and diversified markets spanning automotive and IoT. However, QCOM lacks NVIDIA's scale in AI training infrastructure, software ecosystem and hyperscale deployments, leaving QCOM focused primarily on edge and inference AI.

NVDA’s Share Price Performance, Valuation & EstimatesNVIDIA shares have returned 4.5% in the past six-month period, underperforming the broader Zacks Computer and Technology sector’s 15.7% growth.

NVDA’s Six-Month Price Performance
Image Source: Zacks Investment Research

From a valuation standpoint, NVDA appears overvalued, trading at a forward price-to-sales ratio of 10.69, higher than the industry average of 9.96. The company carries a Value Score of D.

NVDA’s Valuation
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NVIDIA's fiscal 2027 and 2028 earnings per share is pegged at $8.69 and $11.67, respectively, reflecting robust year-over-year growth of 90.3% in fiscal 2027 and 34.2% in fiscal 2028. Notably, earnings estimates for both fiscal years have moved higher over the past 30 days, indicating improving analyst confidence.

Image Source: Zacks Investment Research

NVIDIA currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.