AM Best zvýšila dlouhodobé ratingy emitenta W. R. Berkley a jejích pojišťoven, zatímco finanční sílu A+ potvrdila. Výhled dlouhodobých ratingů změnila na stabilní z pozitivního.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB]. At the same time, AM Best has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Berkley Insurance Company (Wilmington, DE) and its reinsured subsidiaries and affiliates, collectively referred to as W. R. Berkley Insurance Group (Berkley Group). AM Best also has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the FSR of A+ (Superior) of Berkley Life and Health Insurance Company (Berkley Life and Health) (Urbandale, IA). The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSRs is stable. (See below for a detailed list of the companies and ratings.)
The Credit Ratings (ratings) of the Berkley Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM).
The upgrading of the Long-Term ICRs reflects the Berkley Group’s improved balance sheet strength fundamentals, driven by strong underwriting results and a robust investment portfolio that are driving consistently strong returns, consistent organic surplus growth over the most recent 10-year period and its strong debt leverage.
The Berkley Group’s balance sheet strength assessment is anchored by its strongest risk-adjusted capitalization as measured by Best’s Capital Adequacy Ratio (BCAR). Debt leverage has been consistently trending downward over the last five years and was 22.6, unadjusted as of year-end 2025. Interest coverage and liquidity metrics remain strong. The Berkley Group maintains a well-diversified investment portfolio to support its liabilities and is focused on creating the most favorable return, while maintaining its risk tolerance levels.
The Berkley Group maintains a favorable market share in its core lines of business, as well as continuing to grow organically through new businesses and opportunities. The group’s strong operating results and profitability metrics point to agile underwriting and pricing discipline, as well as effective risk management expertise. The Berkley Group reported net premium growth across most of its core business in first-quarter 2026, with a GAAP return-on-equity (ROE) ratio of 22.1% and GAAP return-on-revenue of 16.5%. Berkley Group’s effective ERM practices and risk-modeling capabilities are supportive of its current investment and operational risks as demonstrated by its lack of volatility in its financial results and the enterprise’s overall capitalization.
The stable outlooks of the FSRs reflect AM Best’s expectation that the group will maintain its balance sheet assessment in the strongest range over the intermediate term with strong operating results contributing to surplus growth.
The ratings of Berkley Life and Health reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate ERM. The ratings also reflect the financial and operational support of the parent company.
The upgrading of the Long-Term ICR reflects Berkley Life and Health’s improved operating performance fundamentals over the last five years, driven by steady organic premium revenue growth, consistent underwriting income, and strong return on equity and return on revenue.
Berkley Life and Health’s balance sheet strength assessment is supported by its strongest level of risk-adjusted capitalization as measured by BCAR. The company maintained a BCAR in the strongest category while reporting favorable liquidity ratios and positive cash flow at year-end 2025. The company continues to hold a conservative, high-quality investment portfolio consisting of fixed-income securities and cash & short-term investments.
Berkley Life and Health has grown net premiums written annually at an above average 14.1% compound annual growth rate over the last five years owing to new and renewal sales of its core medical stop-loss and group captive products. The company has reported sizable annual net underwriting income, which has trended upward during this period and has maintained a strong five-year average ROE and return-on-revenue above 18% at year-end 2025.
Berkley Life and Health is a leader in the group captive market and maintains a niche in the small group medical stop-loss space. However, the medical stop-loss market remains highly competitive and is dominated by larger national carriers. Berkley Life and Health continues to benefit from explicit and implicit support provided by W. R. Berkley, and is fully integrated into the parent organization’s operations, strategic plans and ERM program.
The Long-Term ICRs have been upgraded to “aa” (Superior) from “aa-” (Superior) while the FSR of A+ (Superior) has been affirmed, with the Long-Term ICR outlooks revised to stable from positive and the FSR outlook at stable for the following members of W. R. Berkley Insurance Group:
Acadia Insurance Company Admiral Indemnity Company Admiral Insurance Company Berkley Casualty Company Berkley Assurance Company Berkley Insurance Company Berkley Luxury Insurance Company Berkley National Insurance Company Berkley Prestige Insurance Company Berkley Regional Insurance Company Berkley Specialty Insurance Company Carolina Casualty Insurance Company Clermont Insurance Company Continental Western Insurance Company Firemen’s Insurance Company of Washington, D.C. Gemini Insurance Company Great Divide Insurance Company Intrepid Casualty Company Intrepid Insurance Company Intrepid Specialty Insurance Company Key Risk Insurance Company Midwest Employers Casualty Company Nautilus Insurance Company Preferred Employers Insurance Company Queen’s Island Insurance Company, Ltd. Riverport Insurance Company StarNet Insurance Company Tri-State Insurance Company of Minnesota Union Insurance Company Union Standard Lloyds W. R. Berkley Europe AG Berkley International Seguros Mexico S.A. Berkley International Compania de Garantias Mexico, S.A. de C.V. The following Long-Term IRs have been upgraded with outlooks revised to stable from positive:
W. R. Berkley Corporation—
-- to “a” (Excellent) from “a-” (Excellent) on $250 million, 6.25% senior unsecured notes, due 2037
-- to “a” (Excellent) from “a-” (Excellent) on $350 million, 4.75% senior unsecured notes, due 2044
-- to “a” (Excellent) from “a-” (Excellent) on 470 million, 4.0% senior unsecured notes, due 2050
-- to “a” (Excellent) from “a-” (Excellent) on $400 million, 3.55% senior unsecured notes, due 2052
-- to “a” (Excellent) from “a-” (Excellent) on $350 million, 3.15% senior unsecured notes, due 2061
-- to “a-” (Excellent) from “bbb+” (Good) on $185 million, 5.7% subordinated debentures, due 2058
-- to “a-” (Excellent) from “bbb+” (Good) on $300 million, 5.1% subordinated debentures, due 2059
-- to “a-” (Excellent) from “bbb+” (Good) on $250 million, 4.25% subordinated debentures, due 2060
-- to “a-” (Excellent) from “bbb+” (Good) on $300 million, 4.125% subordinated debentures, due 2061
The following indicative Long-Term IRs under the shelf registration have been upgraded with outlooks revised to stable from positive:
W. R. Berkley Corporation—
-- to “a” (Excellent) from “a-” (Excellent) on senior unsecured debt
-- to “a-” (Excellent) from “bbb+” (Good) on subordinated debt
-- to “bbb+” (Good) from “bbb” (Good) on preferred stock
W. R. Berkley Capital Trust III—
-- to “bbb+” (Good) from “bbb” (Good) on preferred securities
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
AppLovin klesl o 4,09 % na 445,93 USD, tedy výrazně více než širší trh. Před zveřejněním výsledků trh čeká zisk 3,7 USD na akcii a tržby 1,94 miliardy USD.
AppLovin (APP - Free Report) ended the recent trading session at $445.93, demonstrating a -4.09% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.
Heading into today, shares of the mobile app technology company had lost 18.12% over the past month, lagging the Business Services sector's loss of 1.21% and the S&P 500's loss of 1.4%.
The upcoming earnings release of AppLovin will be of great interest to investors. On that day, AppLovin is projected to report earnings of $3.7 per share, which would represent year-over-year growth of 63.72%. Alongside, our most recent consensus estimate is anticipating revenue of $1.94 billion, indicating a 54.14% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $15.86 per share and a revenue of $8.26 billion, demonstrating changes of +57.97% and +42.34%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AppLovin. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. AppLovin presently features a Zacks Rank of #3 (Hold).
In terms of valuation, AppLovin is currently trading at a Forward P/E ratio of 29.32. This signifies a premium in comparison to the average Forward P/E of 15.61 for its industry.
We can additionally observe that APP currently boasts a PEG ratio of 0.76. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.4.
The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 34% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Progressive (PGR) v posledním obchodním dni klesla o 2,25 % na 215,54 USD. Investoři sledují blížící se výsledky, kde se čeká EPS 4,47 USD a tržby 23,12 miliardy USD.
In the latest close session, Progressive (PGR - Free Report) was down 2.25% at $215.54. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.46%.
The insurer's shares have seen an increase of 11.98% over the last month, surpassing the Finance sector's gain of 2.29% and the S&P 500's loss of 1.4%.
The upcoming earnings release of Progressive will be of great interest to investors. The company's upcoming EPS is projected at $4.47, signifying a 8.40% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $23.12 billion, showing a 6.95% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $17.08 per share and a revenue of $92.89 billion, demonstrating changes of -6.41% and +6.84%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Progressive. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 4.36% rise in the Zacks Consensus EPS estimate. Currently, Progressive is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, Progressive is currently being traded at a Forward P/E ratio of 12.91. This indicates a premium in contrast to its industry's Forward P/E of 11.47.
We can also see that PGR currently has a PEG ratio of 6.69. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Insurance - Property and Casualty industry was having an average PEG ratio of 2.42.
The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 95, putting it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Akcie Analog Devices (ADI) v poslední seanci vzrostly o 1,15 % na 417,93 USD, zatímco S&P 500 klesl. Analytici čekají zisk 3,33 USD na akcii a tržby 3,93 miliardy USD.
In the latest close session, Analog Devices (ADI - Free Report) was up +1.15% at $417.93. This change outpaced the S&P 500's 0.01% loss on the day. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.
Heading into today, shares of the semiconductor maker had lost 0.89% over the past month, outpacing the Computer and Technology sector's loss of 2.57% and the S&P 500's loss of 1.4%.
Investors will be eagerly watching for the performance of Analog Devices in its upcoming earnings disclosure. In that report, analysts expect Analog Devices to post earnings of $3.33 per share. This would mark year-over-year growth of 62.44%. Alongside, our most recent consensus estimate is anticipating revenue of $3.93 billion, indicating a 36.28% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $12.41 per share and revenue of $14.58 billion, which would represent changes of +59.31% and +32.29%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Analog Devices. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.8% higher. Analog Devices presently features a Zacks Rank of #2 (Buy).
With respect to valuation, Analog Devices is currently being traded at a Forward P/E ratio of 33.29. This denotes a discount relative to the industry average Forward P/E of 59.62.
One should further note that ADI currently holds a PEG ratio of 1.16. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Semiconductor - Analog and Mixed was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 5, positioning it in the top 3% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Albertsons spustil s Criteo integraci, která v konverzačním AI vyhledávání zobrazuje sponzorované produkty. Cílem je přiblížit reklamu nákupu a zlepšit objevování zboží v aplikaci.
Albertsons has launched a new integration with commerce intelligence platform Criteo.
The partnership, announced Thursday (June 25) by the grocery giant’s retail media arm Albertsons Media Collective, is designed to bring product discovery into Albertsons artificial intelligence-powered conversational search.
“As customers increasingly turn to AI-driven tools for inspiration and guidance, Albertsons Media Collective is helping brands participate in key planning and shopping moments that are closer to purchase,” the company said in a news release. “The integration modernizes the app search experience by surfacing ads naturally within conversational discovery.”
With Criteo, eligible sponsored products can appear inside AI-powered conversational search product carousels, directing customers to relevant items while offering advertisers a natural way to appear within the shopping journey, the release added.
“As shoppers use AI and conversational experiences to explore options, brands have an opportunity to put customers first by connecting them to the right products in the moments that matter, meeting their needs with relevance while making retail media feel effortless and organic,” said Jill Pavlovich, Albertsons senior vice president for digital customer experience.
“This integration is about creating retail media that helps customers along their shopping journey, showing up in ways that are useful and additive to their experience, while giving advertisers a new path to engage closer to the moment of purchase.”
The new partnership is the latest example of Albertsons’ embrace of AI. The company last month launched Intelligent Quality Control, a tool for the chain’s distribution centers designed to visually inspect grapes and berries to determine if they are still fresh.
“Produce quality inspection has always been a human problem with a human-shaped flaw,” PYMNTS wrote. “The same item might grade differently depending on the inspector, the shift, the warehouse or the hour. Across a network like Albertsons’ 22 distribution centers and 2,244 stores, small inconsistencies can compound.”
And during an earnings call at the start of the year, Albertsons said that its Ask AI search capability was yielding a 10% increase in basket size for those customers using it.
Meanwhile, PYMNTS wrote earlier this year about one of the challenges facing businesses when it comes to retail media: nearly half of all retail shoppers did not notice an offer made via these channels during their most recent purchase.
“Among those who do find them, most offers require multiple steps to redeem, and only a small minority are automatically applied at checkout,” PYMNTS wrote in April. “That gap directly affects whether retail media can do what it is designed to do — which, in a nutshell, boils down to changing consumer behavior.”
Winnebago Industries zveřejnila výsledky hospodaření za 3. fiskální čtvrtletí 2026. V přepisu hovoru ale nejsou uvedeny žádné konkrétní finanční údaje.
Winnebago Industries, Inc. (WGO) Q3 2026 Earnings Call June 25, 2026 10:00 AM EDT
Company Participants
Joan Ondala
Michael Happe - CEO, President & Director
Bryan Hughes - SVP of Investor Relations, Finance, Information Technology and Business Development & CFO
Conference Call Participants
Craig Kennison - Robert W. Baird & Co. Incorporated, Research Division
Tristan Thomas-Martin - BMO Capital Markets Equity Research
Bret Jordan - Jefferies LLC, Research Division
Scott Stember - ROTH Capital Partners, LLC, Research Division
Noah Zatzkin - KeyBanc Capital Markets Inc., Research Division
Brandon Rollé - Loop Capital Markets LLC, Research Division
Gerrick Johnson - Seaport Research Partners
Presentation
Operator
Welcome to the Winnebago Industries Third Quarter Fiscal 2026 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference call is being recorded. I would now like to hand the call over to Joan Ondala, Vice President, Treasury and Investor Relations. Ms. Ondala, please go ahead.
Joan Ondala
Thank you, operator. Good morning, everyone, and thank you for joining us to discuss our fiscal 2026 third quarter results. This call is being broadcast live on our website at investor.wgo.net, and an audio replay of the call will be available on our website later today. The news release with our third quarter results was issued and posted to our website earlier this morning. Please note that the earnings slide deck, which accompanies our prepared remarks, is also available in the Investors section of our website under Quarterly Results.
Turning to Slide 2. Certain statements made during today's conference call regarding Winnebago Industries and its operations may be considered forward-looking statements under securities law. The company cautions you that forward-looking statements involve a number of risks and are inherently uncertain. A number of factors, many of which are beyond the company's control, could cause the actual results to differ materially from these statements. These factors are identified
Kuehn Law vyšetřuje vedení Kyndryl Holdings kvůli možnému porušení povinností vůči akcionářům. Podle žaloby firma zkreslovala volný cash flow odkládáním plateb dodavatelům.
, /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Kyndryl Holdings, Inc. (NYSE: KD) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, Kyndryl Holdings misrepresented or failed to disclose that: (1) certain members of executive management engaged in systematic manipulation of the Company's free cash flow metrics through the deliberate postponement of vendor payments from one fiscal quarter to the next; (2) as a consequence thereof, Kyndryl falsely represented its reported free cash flow metrics as indicative of the quality and long-term sustainability of its earnings and revenue growth, when in reality such cash generation was contingent upon undisclosed and inherently unsustainable cash management practices; (3) the Company's procedures governing financial disclosures, its accounting methodologies, and its internal controls over financial reporting were materially inadequate and deficient; and (4) by reason of the foregoing, Kyndryl's business operations, financial condition, and prospects for achieving profitable growth were materially worse than had been publicly represented to investors.
If you currently own KD and purchased prior to August 1, 2024 please contact Sophia Anne Silayan by email at [email protected] or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™
Akcionáři Gates Industrial schválili změnu místa registrace z Anglie a Walesu na Bermudy, pro všechny návrhy hlasovalo asi 99,6 % odevzdaných hlasů. Firma nyní čeká na souhlas britského soudu a počítá s účinností 20. července 2026.
, /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) (the "Company" or "Gates Industrial Corporation") today announced that its shareholders have overwhelmingly voted in favor of the Company's proposals in connection with the Company's intention to change its place of incorporation from England and Wales to Bermuda (the "Redomiciliation").
Gates Industrial Corporation's shareholders voted in favor of all proposals related to the Redomiciliation at a series of shareholder meetings held earlier today. The percentage of votes in favor of each proposal voted on at the meetings was approximately 99.6% of votes cast.
"We thank our shareholders for their strong support in approving the Redomiciliation of our parent company from England and Wales to Bermuda," said Ivo Jurek, Chief Executive Officer of Gates Industrial Corporation. "The change enhances capital and strategic flexibility while sustaining strong corporate governance and reducing administrative complexity and cost."
The Company will now proceed with the relevant legal and regulatory procedures required to implement the Redomiciliation, including seeking the sanction (i.e. approval) of the UK court, and expects the effective date to be July 20, 2026. The Company will include a more detailed timeline in its Current Report on Form 8-K to be filed with the Securities and Exchange Commission ("SEC") today. However, the effective date remains subject to change and will depend on, among other things, the date on which all the conditions are satisfied or, if capable of waiver, waived.
About Gates Industrial Corporation plc
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse aftermarket channel customers, and to original equipment manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries to everyday consumer applications, including virtually every form of transportation. Our products are sold in more than 130 countries across our three commercial regions: the Americas; Europe, Middle East & Africa; Asia-Pacific. For more information, visit gates.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. These statements include, but are not limited to, statements related to the Redomiciliation, including the timing of the effective time of the Redomiciliation and our expectations related to the benefits of the Redomiciliation and other initiatives. Such forward-looking statements are subject to various risks and uncertainties, including, among others, U.S. policies, actions or legislation (including the imposition of tariffs), economic, political and other risks associated with international operations (including as a result of the ongoing conflicts in the Middle East and their impact on supply chains, such as reduced availability of certain of our production materials and increased supply costs, and economic conditions), availability of raw materials or other manufacturing inputs at favorable prices in sufficient quantities, or at a given time, changes in our relationships with, or the financial condition, performance, purchasing power or inventory levels of, of key channel partners, dependence on the continued operation of our manufacturing facilities, supply chains, distribution systems and information technology systems, our ability to forecast demand or meet significant increases in demand and market acceptance of new product introductions and innovations. Additional factors that could cause the Company's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
Sterling Infrastructure vzrostla o 1,8 % a za poslední měsíc přidala 10,88 %, čímž překonala sektor stavebnictví i S&P 500. Trh čeká EPS 4,78 USD a tržby 1,07 mld. USD, obojí výrazně nad loňskem.
In the latest close session, Sterling Infrastructure (STRL - Free Report) was up +1.8% at $882.88. The stock outperformed the S&P 500, which registered a daily loss of 0.01%. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, lost 0.46%.
The civil construction company's shares have seen an increase of 10.88% over the last month, surpassing the Construction sector's gain of 8.59% and the S&P 500's loss of 1.4%.
The upcoming earnings release of Sterling Infrastructure will be of great interest to investors. The company's earnings per share (EPS) are projected to be $4.78, reflecting a 77.7% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 74.03% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $17.44 per share and a revenue of $3.96 billion, demonstrating changes of +60.29% and +59.15%, respectively, from the preceding year.
Any recent changes to analyst estimates for Sterling Infrastructure should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.89% higher. Sterling Infrastructure currently has a Zacks Rank of #1 (Strong Buy).
Looking at valuation, Sterling Infrastructure is presently trading at a Forward P/E ratio of 49.72. This denotes a premium relative to the industry average Forward P/E of 37.5.
We can additionally observe that STRL currently boasts a PEG ratio of 3.31. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Engineering - R and D Services industry currently had an average PEG ratio of 1.97 as of yesterday's close.
The Engineering - R and D Services industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Apple (NASDAQ:AAPL | AAPL Price Prediction) became the focal point of a CNBC investment-committee debate after the company raised prices across its Mac, iPad, HomePod, and Vision Pro lines to offset surging memory and storage chip costs. The move sent the stock down 6.2% on Thursday, June 25. Now, some investors are wondering whether this marks a good entry point for the stock.
The Catalyst: A “Hundred-Year Flood” in Memory CEO Tim Cook described the supply backdrop as a “hundred-year flood” for memory and storage costs, with AI data-center demand driving component prices sharply higher. Apple pre-announced Mac price increases of 15-20% and iPad increases of 15-25%, with dollar hikes ranging from $100 to $300 on affected SKUs. iPhone, Apple Watch, and AirPods pricing was left unchanged, though the company flagged the potential for further adjustments.
The Committee’s Split View The segment framed the central risk as “demand destruction,” with the concern being that raising prices could lower consumers’ appetite for new products. One committee member countered that the stock found support near its April low, coinciding with a rising 200-day moving average around $269. That technical reference lines up with Apple’s 200-day SMA at $268.6338 on June 24, 2026, up from roughly $248.28 in early April.
Another panelist offered the bull case directly: “If I’m a trader, I’m standing back, but if I’m an investor, I think it’s a great opportunity,” arguing Apple has more pricing power than any other company in the market. Wedbush maintained an Outperform rating through the drop, viewing the price increases as the first formal pass-through of rising component costs and expressing confidence in Apple’s ability to navigate the “memory storm.”
What the Fundamentals Say In Q2 FY26, Apple posted revenue of $111.18 billion, up 16.6% year over year, with diluted EPS of $2.01 beating the $1.94 consensus, the eighth consecutive EPS beat. Cook called it Apple’s “best March quarter ever,” citing iPhone revenue of $56.99 billion on iPhone 17 demand and record Services revenue of $30.98 billion. The board also authorized a new $100 billion buyback and lifted the dividend 4% to $0.27 per share.
Margins have been expanding faster than the top line. Gross profit grew 22.1% year over year against 16.6% revenue growth, a sign of pricing leverage that supports the “pricing power” argument.
Where Traders and Markets See the Stock Technical indicators help explain why the CNBC panel was divided. As of June 24, 2026, Apple’s 14-day RSI stood at 45.84, putting the stock in neutral territory rather than oversold. Meanwhile, Polymarket traders assigned a 93.6% probability that Apple would finish the week above $270, but only a 45.0% chance it would close above $280, suggesting expectations for further near-term upside remain mixed.
Wall Street is more optimistic over the longer term. The consensus analyst price target is $314.42, supported by 30 Buy ratings, 15 Holds, and just 3 Sells. However, Arthur D. Levinson, Apple’s Chairman of the Board of Directors, sold more than 270,000 shares during May, and recent insider activity has been skewed toward selling rather than buying. However, much of that selling appears to be tied to scheduled vesting and prearranged Rule 10b5-1 trading plans.
What to Watch Next The key question is whether Apple’s higher prices will hurt demand. If Mac and iPad sales remain strong despite the price increases, it would reinforce the company’s pricing power and ease concerns about margin pressure. If demand weakens during the back-to-school and holiday shopping seasons, it would support the argument that higher prices are beginning to discourage buyers.
For now, both sides have evidence to support their case. Apple trades at roughly 36 times earnings, while its 200-day moving average continues to provide an important technical support level. Traders are staying cautious in the near term, while longer-term investors see the recent pullback as a potential buying opportunity.
The Coca-Cola Company oznámila změnu ve vedení severoamerické divize: Jennifer Mannová od 1. srpna odchází, dočasně ji převezme John Murphy. Mannová ve firmě zůstane do dubna 2027 jako seniorní poradkyně.
ATLANTA--(BUSINESS WIRE)--The Coca-Cola Company today announced that Jennifer Mann will step down from her role as EVP and President, North America Operating Unit effective Aug. 1, at which time John Murphy, President and Chief Financial Officer, will assume responsibility for the North America Operating Unit on an interim basis. Mann will stay with the company through April 2027 as senior advisor to ensure a smooth transition.
A successor for President, North America Operating Unit will be announced at a later date.
Mann began leading the company’s largest operating unit on Jan. 1, 2023, with a focus on accelerating growth as a purpose-driven total beverage company. Under her leadership, the North America Operating Unit has delivered strong revenue and profit growth.
“I am grateful to Jennifer for her tremendous contributions to The Coca-Cola Company as an operator and leader,” said Henrique Braun, CEO. “Her people-first legacy remains in the many high-performing teams she’s led across the Coca‑Cola business.”
About Jennifer Mann
Over her 29-year tenure with The Coca-Cola Company, Mann served in roles of increased responsibility spanning operations and customer leadership. From 2019 until leading North America, Mann was president of Global Ventures, including Costa Coffee and Coca‑Cola’s investment in Monster Beverage Corp. She served as SVP and chief people officer from 2017 until 2019. She was chief of staff for James Quincey, then President and Chief Operating Officer and later CEO, from 2015 to 2018.
From 2012 to 2015 as vice president and general manager of Coca‑Cola Freestyle, Mann accelerated its global expansion across the Coca‑Cola system. Additional prior roles include vice president, Foodservice & On-Premise Strategy and Marketing for Coca‑Cola Refreshments; director, McDonald's Customer & Consumer Operations and director, Good Answer. Mann joined Coca‑Cola in 1997 as a manager in the National Customer Support division of North America.
Mann serves on several board of directors including Verizon Communications, Inc., American Beverage Association, Boys & Girls Clubs of America, Coca‑Cola FEMSA, fairlife LLC, Morehouse College, and Ronald McDonald House Charities.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.
Amazon plánuje v chicagském předměstí otevřít velkoprodejnu o rozloze 229 000 čtverečních stop, která bude zároveň sloužit jako mini-sklad pro rychlejší doručování. Firma tím chce posílit online prodeje i službu Amazon Now.
While Amazon (AMZN 3.38%) has achieved incredible success with its e-commerce business, forays into brick-and-mortar stores have proven to be a struggle. The company closed its Amazon Go and Amazon Fresh locations this year. So when reports surfaced of a massive 229,000-square-foot superstore in a Chicago suburb, this seemed like Amazon's latest attempt at throwing spaghetti at the wall to see what sticks.
That said, the project is not necessarily a doomed effort this time. Media attention has highlighted the e-commerce giant's attempt to outdo competitor Walmart's superstore concept, which typically runs 179,000 square feet. However, the new big-box retail location may serve a key purpose in helping Amazon cement its supremacy in online sales.
Image source: Amazon.
The advantage of Amazon's new superstore The new store is not just about a bigger emporium to sell more stuff. Part of the space will be dedicated to storing items. In essence, Amazon's new retail concept will also serve as a mini-warehouse.
This is a key element in the design. It gives Amazon a storage location closer to customer homes, providing greater flexibility for its massive logistics operations and enabling speedier shipping. These attributes are desirable because, as Amazon CEO Andy Jassy explains, "Despite many improvements over the years, customers always want lower costs and faster delivery speed."
The ability to accelerate shipping translates into more revenue. According to Jassy, "When we promise faster delivery times, customers complete purchases at a meaningfully higher rate and shop with us more frequently."
To that end, Amazon created a new streamlined warehouse format called Same-Day Fulfillment Centers. These facilities carry the top sellers, with the goal of delivering an item within the day it is ordered.
The company is also experimenting with an ultra-fast delivery service called Amazon Now, which aims to get items to customers within 20 minutes using micro-fulfillment centers. The service is only in select international markets, and in these countries, Amazon Now orders are increasing 25% month over month. Prime members triple their shopping frequency after they start using it.
The company is looking to expand Amazon Now in the U.S. and Europe. The new superstore could be part of this plan, serving as a micro-fulfillment center.
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Other benefits of Amazon's new retail store The company has extended its delivery capabilities to third-party sellers, meaning Amazon's new superstore concept could help them, too. Third-party sellers are a key component of the tech titan's sales growth. They contributed $41.6 billion of Amazon's $181.5 billion in first-quarter sales.
The company also offers shoppers the option to pick up their purchases from retail locations, such as its Whole Foods stores. Sending products to a central place rather than getting them to individual customer homes simplifies shipping for Amazon. The superstore can expand the retailer's pickup spots.
Of course, the new big-box location will generate its own income through product sales. The question is whether it can do so more successfully than the company's previous efforts. If the concept can produce sufficient sales and serve as a hub for faster deliveries, additional superstores are likely to extend into cities across the country. At that point, it can have a meaningful impact on Amazon's financials and potentially its stock price.
Šéf FCC Brendan Carr obvinil Disney z „kampaně dezinformací“ v souvislosti s vyšetřováním ABC. FCC zároveň řeší i obnovu licencí osmi stanic ABC. K vyšetřování pořadu The View obdržela FCC více než 51 000 podání a k širšímu procesu obnovy licencí téměř 40 000 podání.
Brendan Carr, the Trump-aligned chairman of the Federal Communications Commission (FCC), has accused Disney of running a “campaign of misinformation” as the media group defends itself against investigations the regulator has initiated.
Disney-owned ABC launched a public awareness campaign earlier this week to encourage viewers to back the network as it faces two separate investigations before the US media regulator.
Since ABC began running advertisements encouraging viewers to file public comments, the FCC has received more than 51,000 submissions on its investigation into whether the daytime talk show The View violated equal time provisions around political candidates appearing on programs.
There have also been nearly 40,000 submissions regarding the commission’s broader investigation into whether ABC should be able to renew its licenses for the eight local television stations it owns around the country. The outcome of that license renewal process, which could take more than a year, is extremely crucial for the future of the network.
Carr said that Disney “is running a fairly standard, off-the-shelf PR strategy” and is seeking to litigate the case in the media. Taking it one step further, Carr said: “I do think that Disney is running a campaign of misinformation here, I think in a lot of ways.”
He specifically called out ABC for saying in its advertisement raising awareness about The View investigation that “the FCC wants to control who is allowed to appear on the show.” “Our position is that we are enforcing the provisions of the Communications Act that Congress has passed,” he said. “We’re going to apply the law. Again, we have not made a decision one way or the other. We’re open-minded. We’ll see what they say.”
Asked whether the FCC would factor in the overwhelming proportion of comments that are defending ABC when making decisions about the network, Carr said: “We have our ways of combing through the comments and we evaluate the merits of what people are saying. We look at the facts and the arguments that are being presented. This is what we do day in and day out. Maybe it’s more comments than we normally get, but it’s not entirely unprecedented when you get issues that break above the media noise floor.”
Some telecom experts critical of Carr have said the license renewal process could ultimately take years, leaving the network in limbo. Asked by the Guardian about those concerns, Carr said it’s too early to say how long it could go.
“It’s not been decided at the FCC yet whether to renew the licenses, or whether we can’t make a finding to renew and therefore you set it for hearing through a hearing designation order,” he said. “Again, at this point, all options remain on the table and it can be dictated by the facts and the law, and we just got to go forward. If it’s short, great. If it’s long, great. But we got to apply the Communications Act and the provisions.”
Anna M Gomez, the lone Democrat-appointed FCC commissioner, reiterated her belief that Carr is using investigations and the license renewal process to put editorial pressure on ABC to go soft on the Trump administration, and not out of concern about whether Disney is discriminating against employees based on their race and gender, the rationale the chairman has given.
“It is so clear that this early license renewal is being done to pressure Disney,” she said. “This is all designed to pressure Disney to cave.”
Gomez also expressed doubt about whether public comments supporting ABC would factor into the FCC’s decision-making.
“Let’s not pretend that the public’s opinion will have an impact on the outcome,” she said. “I suspect this FCC will cherry-pick the submissions of partisan organizations to support its goal of silencing critics.”
Caterpillar ve 1. čtvrtletí překonal očekávání: EPS byl 5,54 USD při tržbách 17,41 miliardy USD. Tahounem byl segment Power Generation, který vzrostl o 41 % na 2,82 miliardy USD.
Caterpillar (NYSE: CAT | CAT Price Prediction) has been one of the more surprising mega-cap winners of 2026, riding a record backlog, AI-driven power generation demand, and aggressive capital returns to fresh highs. With the stock now changing hands above $1,038, the question is whether the next leg requires fresh fundamental fuel or a pause.
Our 24/7 Wall St. price target for Caterpillar is $1,061.82, implying modest 2.28% upside over the next 12 months. We rate the stock a hold with high confidence (90%). The fundamentals remain excellent, but the valuation has caught up.
24/7 Wall St. Price Target Summary Metric Value Current Price $1,038.19 24/7 Wall St. Price Target $1,061.82 Upside 2.28% Recommendation HOLD Confidence Level 90% A Power Generation Story Built on a Construction Base Caterpillar shares are up 74.34% year to date and 169.49% over the past year, with a 13.02% gain in the past month alone. CAT now trades just 7% off its 52-week high of $1,023.29, a remarkable run from last summer’s low of $369.05.
The Q1 2026 earnings report on April 30 sealed the rally. EPS came in at $5.54 against a $4.64 consensus, while revenue of $17.41 billion grew 22.22% year over year. Construction Industries surged 38%, and Power Generation jumped 41% to $2.82 billion on data center demand for large reciprocating engines and turbines. CEO Joe Creed pointed to “a record backlog” as the foundation for continued momentum.
Why Bulls See a Breakout Above $1,113 The bull case rests on the AI infrastructure cycle. Power Generation has now grown 28%, 31%, 44%, and 41% across the last four quarters. PineBridge analysts argue data center equipment growth is “essentially locked in for the next four to five years” at roughly 25% annually given electrical infrastructure constraints.
Layer on a record backlog, Construction Industries expanding margins to 21.4%, and $5 billion of Q1 buybacks, and the bull scenario gets you to our $1,113.73 upside target.
The Risks Worth Watching The bear case is the price, the tariffs, and the multiple. CAT trades at a forward P/E of 41x, well above its historical range. Management guided full-year tariff impact of $1.30 to $1.50 billion, and Resource Industries segment profit fell 39% in Q1. Insiders are net sellers across 66 recent transactions.
The Street’s consensus target of $949.68 sits below the current price, and our bear case scenario implies $842.92, an 18.81% drawdown. Bulls would counter that margin compression reflects transitory tariff absorption rather than structural deterioration, and that the dealer inventory build supports a longer cycle.
Caterpillar Price Prediction 2026-2030 The 24/7 Wall St. price target of $1,061.82 earns a hold with 90% confidence. The business is excellent. The stock has simply priced in a lot of that excellence after a 169.49% one-year run.
A pullback toward the 200-day moving average near $673, or confirmation that tariff costs roll off into 2027, would reset the entry case. The setup weakens if Power Generation growth decelerates below 20% or if Resource Industries margins continue to compress.
Year 24/7 Wall St. Price Target 2026 $1,061.82 2027 $1,108.22 2028 $1,154.63 2029 $1,201.03 2030 $1,247.43 These projections assume Caterpillar continues converting its record backlog while tariff pressures normalize. Significant upside could come from accelerated data center capex, while a U.S. infrastructure slowdown or commodity downturn would test the floor.
First Majestic získala stavební povolení pro portály Santo Niño a Navidad v projektu Santa Elena a plánuje v roce 2026 investovat dalších 12 milionů USD do podzemního přístupu a rozvoje. Vrtné výsledky zároveň potvrdily významné stříbrné a zlaté průniky.
Infill drilling at Santo Niño and Navidad returns multiple significant silver and gold intercepts, including high-grade results from resource-conversion drilling.
Permits received for construction of the Santo Niño and Navidad portals.
Additional $12 million investment planned in 2026 to advance underground access and position Santo Niño for near-term mining.
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce positive infill drilling results from the Santo Niño and Navidad targets at its Santa Elena Silver/Gold Mine in Sonora, Mexico. The Company has also received the permits required to construct the Santo Niño and Navidad portals and plans to invest an additional $12 million in 2026 to advance underground access, portal construction, and development work intended to position Santo Niño for near-term mining.
"The continued advancement of Santo Niño and Navidad marks an important step in unlocking the next phase of growth at Santa Elena," stated Keith Neumeyer, CEO of First Majestic. "Infill drilling continues to return significant silver and gold intercepts at both targets. With construction permits now received for the Santo Niño and Navidad portals, and an additional $12 million investment planned in 2026, we are moving Santo Niño from discovery toward near-term mining readiness while continuing to advance Navidad, one of the most significant discoveries made at Santa Elena to date. Together, Santo Niño and Navidad are expected to become important contributors to the future mine plan and have the potential to materially extend Santa Elena's mine life."
2026 EXPLORATION HIGHLIGHTS
Santo Niño Vein System
To date, a total of 26,904 metres ("m") of drilling has been completed across 69 holes in 2026 at Santo Niño as part of the Company's ongoing resource-conversion and development-focused drilling program. Drilling at Santo Niño has focused primarily on infilling the current Inferred Mineral Resources to support potential conversion to Indicated Mineral Resources and to advance near-term mine planning. Results received to date include significant silver and gold intercepts that are overall better than modeled and confirm the presence of higher-grade mineralization in the western portion of the vein.
Navidad Vein System
To date, a total of 7,704 m of drilling has been completed across 10 holes at Navidad in 2026. Drilling has focused primarily on supporting potential conversion of Inferred Mineral Resources to Indicated Mineral Resources at the Winter vein which, based on its geometric configuration, is expected to play an important role early in the future mine schedule. Results received to date include high-grade silver and gold intercepts near the edge of the current Inferred Mineral Resource.
Figure 1: Santa Elena District Map Highlighting Santo Niño and Navidad Target Areas. Plan View.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/302888_5632c92074479b28_002full.jpg
KEY DRILLING HIGHLIGHTS
Table 1 presents a selection of significant silver and gold drill hole intercepts from the 2026 Santa Elena drilling program at Santo Niño and Navidad. The selected intercepts include results from resource-conversion drilling at the Santo Niño vein and the Winter vein at Navidad.
Table 1: Selection of Significant Drill Hole Intercepts from the Santa Elena 2026 Drill Program
Drillhole Target Significant Intercept From
(m) To
(m) True Width
(m) Ag
(g/t) Au
(g/t) AgEq
(g/t) Santo Niño Target SE-26-84Santo Niño Vein 229.35234.153.682528.46 886SE-26-76Santo Niño Vein 203.70216.905.58905.23 482SE-26-65Santo Niño Vein 197.35204.055.801114.04 414SE-26-86Santo Niño Vein 339.15341.201.5733315.21 1474SE-26-82Santo Niño Vein 365.35377.9010.87771.52 191Navidad Target EWUG-26-089Winter Vein562.65565.302.4935923.592128 EWUG-26-091Winter Vein601.65617.5014.89283.5291 EWUG-26-088Winter Vein600.15605.003.4335811.99 1257Drilling remains ongoing at the Santo Niño and Navidad targets. At Santo Niño, drilling is being completed as part of a planned program of approximately 45,000 m in 2026. At Navidad, drilling is being completed as part of a planned program of approximately 17,000 m in 2026. The drilling is intended to increase data density, improve understanding of the mineralized volume, grade continuity, and vein geometry, and support potential conversion of Inferred Mineral Resources to Indicated Mineral Resources. This work is expected to strengthen geological confidence and support the basis for underground access design, mine planning, production scheduling, and economic evaluation.
Significant silver and gold mineralization intersected within the Santo Niño vein currently extends approximately 1,100 m along strike and 425 m down dip and the mineralization averages approximately 4.0 m in thickness ranging from 1.0 m to 16.0 m (Figure 2). Mineralized secondary veins and breccias in the hanging wall and/or footwall of the principal vein have also been identified in several drill holes and remain under investigation.
Figure 2: Santo Niño Vein Long Section Looking North with Significant Intercepts
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/302888_5632c92074479b28_003full.jpg
Significant silver and gold mineralization intersected within the Winter vein currently extends approximately 1,000 m along strike and 350 m down dip, with true thickness ranging from 2.8 m to 4.4 m (Figure 3). The 2026 drilling continues to support evaluation of the Winter vein as a potentially important early mining area within the Navidad mineralized system.
Figure 3: Winter Vein Long Section Looking Northwest with Significant Intercepts
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/302888_5632c92074479b28_004full.jpg
ADVANCING UNDERGROUND ACCESS TO SANTO NIÑO AND NAVIDAD
The Company is advancing Santo Niño and Navidad from resource definition toward underground development, supported by recently received portal construction permits and an additional $12 million investment planned for 2026. This next phase of work is expected to establish dedicated underground access to both areas, support decline and ramp development, and position higher-grade mineralization from Santo Niño and Navidad to contribute to the future Santa Elena district production profile.
A recently completed scoping-level study identified dedicated underground access as the preferred approach to advance the Santo Niño and Navidad mineral resources. At Santo Niño, the preferred access concept includes a dedicated portal, the Santo Niño portal, and an approximately 450 m haul road connecting the portal area to the existing Ermitaño haul road.
The study also indicates that development of an additional portal, the Navidad portal, located approximately 300 m from the Santa Elena processing facilities, together with ramp development from the lower levels of Ermitaño to provide secondary egress and ventilation, is expected to provide an efficient route to Navidad mineralization and support future haulage of mineralized material from the Navidad area (Figure 4).
Preliminary mining and processing schedules for the Santa Elena district resources indicate that higher-grade mineralization from Santo Niño and Navidad has a positive impact on production profiles, displacing lower-grade mineralization from other deposits.
The additional 2026 funding is planned to support construction of the Santo Niño and Navidad portals, advance hydrogeological studies, construct the haul road linking the Santo Niño portal to the Ermitaño haul road, complete approximately 800 m of decline development at Santo Niño, and complete an additional 1,300 m of development in the Ermitaño-to-Navidad ramp and from the Navidad portal.
Figure 4: Proposed Santo Niño and Navidad Portals and Access Development. Plan View (Top) and Orthogonal View Looking North-Northwest (Bottom)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/302888_5632c92074479b28_005full.jpg
Permitting
The Company has received the permits required for construction of the Santo Niño and Navidad portals, representing a key regulatory milestone in advancing toward underground development activities for the two mineral resources. With these permits now in hand, the Company plans to commence portal construction and related infrastructure work in the second half of 2026.
Summary of Significant Assay Results
A summary of significant assay results from exploration drilling completed at Santo Niño and Navidad during the first half of 2026 are provided in Table 2 and Table 3 below.
Table 2: Summary of Significant Silver and Gold Drill Hole Intercepts at Santo Niño
Drillhole Target Target Type Significant Intercept From
(m) To
(m) True Width
(m) Au
(g/t) Ag
(g/t) AgEq (g/t) EWUG-26-087Winter VeinResource conversion617.50619.001.301.4826137EWUG-26-088Winter VeinResource conversion600.15605.003.4311.993581257
Include 1Resource conversion600.15601.050.6434.287733345
Include 2Resource conversion601.35602.050.4926.055842538
San Nicolas VeinResource addition 732.45736.702.733.1473308EWUG-26-089Winter VeinResource conversion562.65565.302.4923.593592128EWUG-26-091Winter VeinResource conversion601.65617.5014.893.5028291
Include 1Resource conversion603.00603.350.3311.7088966
Include 2Resource conversion605.35605.750.3810.2077843
Include 3Resource conversion607.50608.000.4710.3249823Notes:
All holes are Diamond Drill Core; AgEq grade = Ag grade (g/t) + [Au (g/t) * 75].From and To length indicated in metres, true width of the intercept is calculated per drill hole and vein angles.See Appendix for details regarding drill hole locations, sample type, azimuth, dip and total depth.Significant silver and gold drill hole intercepts were composited using the length weighted averages of uncapped sample assays, a 90 g/t AgEq minimum grade (Cut-off-Grade, "COG") for Santo Niño, and 110 g/t AgEq minimum grade for Navidad; minimum composite length of 1.0 m (true width). A maximum of 1.0 m below the minimum grade cut-off was allowed as internal dilution. Where necessary to achieve minimum length, a single sample below the COG but grading >70g/t AgEq was allowed to be composited for short intervals.Where present, single samples or intercepts with assay results higher than 1000 g/t Ag and/or 10 g/t Au are highlighted as "Include" in each intercept.DATA VERIFICATION
First Majestic's drilling programs follow established Quality Assurance, Quality Control ("QA/QC") insertion protocols with standards, blanks, and duplicates introduced into the sample-stream. After geological logging, all drill core samples are cut in half. One half of the core is submitted to the laboratory for analysis, and the remaining half core is retained on-site for verification and reference purposes or for future metallurgical testing.
Core samples were submitted to the SGS laboratory (ISO/IEC 17025:2017) and to the First Majestic Central laboratory (Central laboratory) (ISO 9001:2015). At SGS, gold is analyzed by 50 g fire assay atomic absorption finish (GE-FAA50V5). Results above 10 g/t gold are analyzed by 50 g fire assay gravimetric finish (GO-FAG50V). Silver is analyzed by 3-acid digest atomic absorption finish (GE-AAS33E50). Results above 100 g/t silver are analyzed by 50 g fire assay gravimetric finish (GO-FAG57V). At Central laboratory, gold is analyzed by 30g fire assay atomic absorption finish (AU-AA13). Results above 10 g/t are analyzed by 30 g fire assay gravimetric finish (ASAG-14). Silver is analyzed by 3-acid digestion atomic absorption finish (AAG-13). Results above 100 g/t are analyzed by 30 g fire assay gravimetric finish (ASAG-14, ASAG-13).
For further information concerning QA/QC and data verification matters, key assumptions, parameters, and methods used by the Company to estimate Mineral Reserves and Mineral Resources, and for a detailed description of known legal, political, environmental, and other risks that could materially affect the Company's business and the potential development of Mineral Reserves and Mineral Resources, see the Company's most recently filed Annual Information Form available under the Company's SEDAR+ profile at www.sedarplus.ca and the Company's Annual Report on Form 40-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar.
QUALIFIED PERSONS
Gonzalo Mercado, P. Geo., the Company's Vice-President, Exploration & Technical Services and a "Qualified Person" as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this news release. Mr. Mercado has verified the exploration data contained in this news release, including the sampling, analytical and test data underlying such information.
ABOUT FIRST MAJESTIC
First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine located in northeastern Nevada, U.S.A, which the Company is currently in the process of re-starting.
First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins, and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.
This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward‐looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends. Forward-looking statements in this news release include but are not limited to statements with respect to: the Company's plans to invest an additional $12 million in 2026 to advance underground access, portal construction, and development work to position Santo Niño for near-term mining; the Company's expectations regarding the impact of the Santo Niño and Navidad vein systems on the future mine plans at Santa Elena; and the Company's planned drilling programs for Santo Niño and Navidad for 2026 and the results of such programs. These statements are not based on a pre-feasibility level study of Mineral Reserves that demonstrate the economic and technical viability of Santo Niño and Navidad. There is increased uncertainty related to the economics of mining Santo Niño and Navidad and increased technical risks of failure associated with a decision to initiate production from these areas prior to completing a pre-feasibility level study. The statements made relating to initiating mining at Santo Niño and Navidad are not based on a current technical report. Assumptions may prove to be incorrect and actual results and future events may differ materially from those anticipated. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions, or expectations upon which they are placed will occur. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward‐looking statements". Statements concerning proven and probable mineral reserves and mineral resource estimates may also be deemed to constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered as and if the property is developed, and in the case of Measured and Indicated Mineral Resources or Proven and Probable Mineral Reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Actual results may vary from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: material adverse changes; general economic conditions including inflation risks; labour relations; relations with local communities; changes in national or local governments; exchange rate fluctuations; environmental risks; requirements for additional capital; outcomes of pending litigation; unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations as well as those factors discussed in the section entitled "Risk Factors" in the Company's most recent Annual Information Form for the year ended December 31, 2025 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca and in the Company's Annual Report on Form 40-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated, or intended.
The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.
Cautionary Note to United States Investors
The Company is a "foreign private issuer" as defined in Rule 3b-4 under the United States Securities Exchange Act of 1934, as amended, and is eligible to rely upon the Canada-U.S. Multi-Jurisdictional Disclosure System, and is therefore permitted to prepare the technical information contained herein in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the securities laws currently in effect in the United States. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
Technical disclosure contained in this news release has not been prepared in accordance with the requirements of United States securities laws and uses terms that comply with reporting standards in Canada with certain estimates prepared in accordance with NI 43-101.
NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning the issuer's material mineral projects.
APPENDIX - DRILL HOLE DETAILS
Table A1: Drill Hole Collar Location, Sample Type, Azimuth, Dip and Total Depth from Santa Elena
All drill hole collar coordinates are determined using total station equipment after hole completion with UTM WGS84, Zone 12 (metres) as the reference system.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302888
Source: First Majestic Silver Corp.
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Public Storage uzavřela novou nezajištěnou revolvingovou úvěrovou linku v objemu 3,0 miliardy USD, termínovaný úvěr za 500 milionů USD a program komerčních papírů za 1,0 miliardy USD. Nahrazuje tím dosavadní linku ve výši 1,5 miliardy USD.
FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (“Public Storage” or the “Company”) announced today that it has closed a new $3.0 billion unsecured revolving credit facility (the “Revolver”), plus a $500 million delayed draw term loan facility (the “Term Loan”), and established a $1.0 billion unsecured commercial paper program (the “Commercial Paper Program”). The Revolver replaces in its entirety the Company’s $1.5 billion revolving credit facility that was scheduled to mature June 12, 2027.
“The successful closing of our new credit facilities and the establishment of our Commercial Paper Program further strengthens Public Storage’s fortress balance sheet, enhances our liquidity, lowers our effective cost of capital, and expands our financial flexibility,” said Joe Fisher, President and Chief Financial Officer of Public Storage. “These actions are fully aligned with our PS4.0 strategy and reinforce the capability of our value creation engine — giving us efficient, scalable access to capital to fund accretive acquisitions, development and redevelopment, lending, and other high-return opportunities, while continuing to support the long-term per share growth of the business. We appreciate the continued confidence and support of our banking partners.”
The Revolver has total commitments of $3.0 billion available for borrowings in US dollars and certain foreign currencies and matures on June 25, 2030, with extension options available through June 25, 2031. The Term Loan is available to be drawn in up to four advances on or prior to December 22, 2026 and matures on June 25, 2031. The credit facility documentation also includes an accordion feature that permits Public Storage to increase total commitments under the Revolver or incur additional term loans by up to $2 billion, subject to obtaining additional lender commitments. Borrowings under the Revolver bear interest at SOFR plus 0.650% based on the Company’s current credit ratings, a reduction of 15 basis points as compared to the prior facility. Once drawn, the Term Loan will bear interest at SOFR plus 0.700% based on the Company’s current credit ratings. The spread applicable to both the Revolver and the Term Loan may increase or decrease in the future based on any change to Public Storage’s credit ratings.
Commercial paper notes issued under the Commercial Paper Program will rank pari passu with all of Public Storage’s other senior unsecured debt and will be fully and unconditionally guaranteed by Public Storage.
Wells Fargo Bank, National Association is serving as Agent for the Credit Facility. Wells Fargo Securities, LLC, BofA Securities, Inc., and JPMorgan Chase Bank, N.A. acted as joint bookrunners.
Commercial paper notes to be offered under the commercial paper program have not been and will not be registered under the Securities Act of 1933, as amended, or state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The information contained in this news release shall not constitute an offer to sell or the solicitation of an offer to buy the notes under the commercial paper program, nor shall there be any sale of the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2026, we: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard® brand. Our headquarters are located in Frisco, Texas.
Melius Research doporučuje kupovat čipy při poklesu, ale vyhýbat se hyperscalerům, dokud nebude jasné, jak z AI vydělají. Mezi favority řadí Nvidia, Broadcom, Micron, AMD a Dell.
Melius Research’s head of tech research, Ben Reitzes, told CNBC to lean into chip-stock weakness and stay clear of the cloud giants paying for the buildout. “I’m telling them to buy on the dip. These have been opportunities in the past, and we just don’t really see any change,” Reitzes said. His list of buys covers Nvidia, Broadcom, Micron, AMD, and Dell, while Microsoft, Oracle, and Google are on hold until their AI monetization model becomes legible.
The framing matters because the broader debate has shifted from whether AI demand exists to whether the spenders can ever earn it back. Reitzes argues the answer is to own the sellers of compute. “The world is shifting towards compute… It’s been three years into this, and we’re probably in a 20-year trend. Compute is really the fuel. It’s the oil, and it’s going to be bigger than oil ever was,” he said.
The chip side of the trade Nvidia (NASDAQ: NVDA) | NVDA Price Prediction anchors the call. The Q1 FY27 earnings report showed revenue of $81.61 billion, up 85.2% year over year, with Data Center revenue of $75.25 billion and an $80 billion additional buyback authorization disclosed in the company’s SEC 8-K filing. Shares trade at a forward P/E of 24, with shares up 12.01% year to date.
Broadcom (NASDAQ: AVGO) delivered $10.8 billion in AI semiconductor revenue, up 143% year over year, in its Q2 FY26 report. The stock is up 13.72% year to date and carries a forward P/E of 36.
Micron Technology (NASDAQ: MU) is the cleanest expression of the “single-digit multiple” pitch. Forward P/E sits at 11, despite an FQ2 26 print of $23.86 billion in revenue and $12.20 in non-GAAP EPS, beating consensus by 39.74%. CEO Sanjay Mehrotra said, “In the AI era, memory has become a strategic asset for our customers.” The stock has run 324.63% year to date.
AMD (NASDAQ: AMD) posted Q1 FY26 revenue of $10.25 billion, up 37.9% year over year, with Data Center revenue of $5.78 billion, up 57%. CEO Lisa Su flagged the Meta partnership to deploy up to 6 GW of AMD Instinct GPUs. Shares are up 157.58% year to date.
Dell Technologies (NYSE: DELL) sits on Reitzes’ buy list as the lone hardware name. AI-optimized server revenue hit $16.13 billion, up 757% year over year, on $24.4 billion of AI orders booked. Gross margin compressed to 17.8% from 21.1%, illustrating the cost of being a reseller in this cycle.
Why is he skipping the hyperscalers? Reitzes’ capital-allocation argument is direct. “Why bother owning hyperscalers? They’re handing money to my other companies… They don’t generate cash. They may not generate cash next year, and they don’t buy back stock,” he said.
Microsoft is the cautionary tale. CapEx surged to $30.88 billion, up 84.4% year over year, in Q3 FY26. Satya Nadella said, “Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.” Yet the stock is down 23.7% year to date. A Polymarket contract gives a 69% probability that Anthropic plus OpenAI will exceed Microsoft’s valuation by December 31, 2026.
Alphabet shows the same pattern. CapEx ran $35.67 billion, up 107.4% year over year, and free cash flow fell 46.6% year over year to $10.12 billion. Google Cloud grew 63% to $20.03 billion with backlog nearly doubling to over $460 billion, but shares dropped 6% on June 23 after John Jumper departed for Anthropic and Noam Shazeer for OpenAI.
What to watch next Reitzes’ wait-and-see line was blunt. “Call me when they figure it out. I don’t want to invest in that stuff while they’re figuring out the consumption versus subscription. What a mess you got,” he said. The next checkpoints arrive with hyperscaler July earnings, where CapEx guidance and any AI revenue disclosures will determine whether the picks-and-shovels gap keeps widening. Until then, the data favors the sellers.
Rocket Lab stock is gaining positive traction. What’s pushing RKLB stock higher? NASA Selects Rocket Lab To Launch Science MissionsRocket Lab has been selected to provide launch services for NASA’s PolSIR (Polarized Submillimeter Ice-cloud Radiometer) and Total and Spectral Solar Irradiance Sensor-2 (TSIS-2) missions.
Rocket Lab will launch the PolSIR mission aboard two dedicated Electron rockets no earlier than June 2027. The mission aims to study ice clouds that form at high altitudes in tropical and subtropical regions, ultimately allowing researchers to make more accurate weather predictions.
The TSIS-2 mission, which will measure the Sun’s energy input to Earth, is expected to launch aboard an Electron rocket in early 2027.
“Electron has become synonymous with reliability, precise orbital accuracy, and on-demand launch capability and we’ve been delivering this for NASA missions for almost a decade. We’re proud to deliver this once again for PolSIR and TSIS-2,” said Peter Beck, founder and CEO of Rocket Lab.
Other upcoming NASA missions slated for Rocket Lab include Aspera, an astrophysics mission to study how galaxies form and evolve, offering new insight into the workings of the universe. Later this year, the company is also scheduled to launch its own Photon spacecraft aboard Electron for NASA’s LOXSAT mission, a demonstration of in-space refueling technology that could support future Moon missions and human exploration of Mars.
RKLB Shares Rise After The CloseRKLB Price Action: Rocket Lab shares were up 5.59% in after-hours on Thursday, trading at $85.20 at the time of publication, according to Benzinga Pro.
Photo: courtesy of Rocket Lab.
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FORT COLLINS, Colo., June 25, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.32 per share for the quarter, payable on September 3, 2026, for stockholders of record as of August 20, 2026.
About Woodward, Inc.
Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.
Notice Regarding Forward-Looking Statements
The statements in this release contain forward-looking statements that involve risks and uncertainties, including statements concerning the company’s cash dividend. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements except as required by law. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2025, and any subsequently filed Quarterly Report on Form 10-Q.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on July 24, 2026 to holders of record at the close of business on July 10, 2026.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.
Key Takeaways AppLovin has reported 85% adjusted EBITDA margin and 65% net margin.APP is shifting revenues toward higher-margin software while maintaining disciplined cost control.APP stock falls 31% year to date, while its margin stability stands out versus peers. The key story surrounding AppLovin Corporation (APP - Free Report) today is not just growth; it is the company’s exceptional margin strength. While AppLovin continues to expand its presence in the advertising ecosystem through performance-based tools and AI-driven optimization, its real competitive advantage lies in its operating efficiency.
A growing share of revenues is coming from higher-margin software offerings, which are increasingly driving profitability. Combined with disciplined cost management, this shift has significantly boosted bottom-line performance. As a result, a larger portion of incremental revenue now flows directly to profit, reinforcing the durability and quality of AppLovin’s business model. In the latest reported quarter, the company delivered an adjusted EBITDA margin of 85%, expanding 100 basis points from the prior year. Net margin also improved 1500 basis points to 65%, reflecting the strength of its operating structure.
This strong financial profile gives AppLovin the flexibility to continue investing in areas that support long-term growth, including AI innovation, platform improvements and balance-sheet optimization. That resilience is particularly valuable in the ad-tech sector, where market sentiment can change quickly, and short-term volatility sometimes overshadows underlying fundamentals.
The recent pullback in the stock appears to be driven more by market sentiment than by any structural weakness in the business. When a platform demonstrates scalable margins, steady demand, and disciplined capital allocation, temporary valuation resets can sometimes create attractive entry opportunities. If AppLovin can sustain its margin durability, the investment conversation may increasingly shift away from cyclical advertising trends and toward the company’s structural profitability advantage.
How AppLovin Stacks Up Against Key U.S. Peers
The Trade Desk (TTD - Free Report) operates a leading demand-side platform built around programmatic advertising and data-driven targeting. While the company benefits from strong relationships with premium brands and advertisers, its margin profile tends to be more sensitive to fluctuations in advertising spending. In many ways, The Trade Desk focuses on scale and reach, while AppLovin concentrates more heavily on performance and efficiency.
Unity Software (U - Free Report) also participates in the advertising ecosystem through its real-time 3D platform and monetization tools for developers. However, Unity’s advertising business remains closely tied to the developer community and has been more volatile. Unlike AppLovin, Unity is still working to balance growth with consistent profitability, which makes AppLovin’s margin stability a notable differentiator among these peers.Top of Form
APP’s Price Performance, Valuation and Estimates
The stock has declined 31% year to date compared with the industry’s 5% fall.
Image Source: Zacks Investment Research
From a valuation standpoint, APP trades at a forward price-to-earnings ratio of 25.36, which is above the industry average of 21.03. It carries a Value Score of C.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for APP’s 2026 earnings has remained unchanged over the past 30 days.
APP currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Stifel oznámil, že celková klientská aktiva vzrostla meziročně o 18 % a poplatková o 23 % po vyloučení dopadu prodeje Stifel Independent Advisors. Bankovní úvěry se meziměsíčně zvýšily o více než 2 %.
June 25, 2026 16:15 ET | Source: Stifel Financial Corporation
ST. LOUIS, June 25, 2026 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2026, to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.
Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “Total and fee-based client assets increased 18% and 23%, respectively, year-over-year, excluding the sale of Stifel Independent Advisors, LLC. Growth was driven by market appreciation and solid advisor recruiting. Loan balances rose more than 2% from the prior month as demand in fund banking remained robust. Treasury deposits declined 3% in May, which was primarily a function of the timing of inflows and outflows by our corporate clients, but we continue to expect strong growth in the second quarter and beyond. Investment banking momentum remains strong, supported by increased capital raising activity. We expect second-quarter investment banking revenue to increase 25% to 30% from the second quarter of 2025.”
Selected Operating Data (Unaudited) As of % Change(millions)5/31/20265/31/2025 (1)4/30/2026 5/31/20254/30/2026Total client assets$579,678$501,357$568,887 16%2%Fee-based client assets$238,727$199,078$232,400 20%3%Private Client Group fee-based client assets$208,755$173,557$202,919 20%3%Bank loans, net (includes loans held for sale)$23,932$21,204$23,409 13%2%Client money market and insured product (2)$24,967$25,827$25,038 (3%)(0%)Treasury deposits (3)$10,805$6,155$11,116 76%(3%) (1) Total client assets and Private Client Group fee-based client assets as of May 31, 2025, include $9.3 billion and $4.4 billion, respectively, of client assets from the Stifel Independent Advisors business that was sold on February 2, 2026.
(2) Includes Smart Rate deposits, Sweep deposits, Third-party Bank Sweep Program, and Other Sweep cash.
(3) Includes Other Bank deposits and Third-party Commercial Treasury deposits, which represent Venture, Fund, and Commercial deposits at Stifel Bancorp and third-party banks.
Company Information
Stifel Financial Corp. (NYSE: SF) is a diversified financial services firm providing wealth management, commercial and investment banking, trading, and research services to individuals, institutions, and municipalities. Founded in 1890 and headquartered in St. Louis, Missouri, the firm operates more than 400 offices across the United States and in major global financial centers. As a firm where success meets success, Stifel works closely with retail and institutional clients aiming to transform opportunities into achievement. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.
Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations
Truist zveřejnil výsledky své roční zátěžové zkoušky za rok 2026. Současný požadavek na stress capital buffer ve výši 2,5 % zůstane v platnosti do 30. září 2027.
, /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the release of the results of its annual company-run stress test, conducted in accordance with Dodd-Frank Act regulations issued by the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation. The results are available online at ir.truist.com/regulatory-disclosures.
"Truist's 2026 annual stress test results reaffirm the benefits of our diverse business mix and our disciplined risk management culture," said Truist Chairman and Chief Executive Officer Bill Rogers. "Our strong capital position enables us to effectively serve our clients and stakeholders, generate sustainable shareholder returns, and continue delivering on our purpose to inspire and build better lives and communities."
In accordance with the Federal Reserve's Feb. 4, 2026 announcement to maintain existing stress capital buffer requirements, Truist's current stress capital buffer requirement of 2.5 percent will remain in effect until Sept. 30, 2027.
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $549 billion as of March 31, 2026. Truist Bank, Member FDIC. Learn more at Truist.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as "believe," "expect," "anticipate," "intend," "pursue," "seek," "continue," "estimate," "project," "outlook," "forecast," "potential," "target," "objective," "trend," "plan," "goal," "initiative," "priorities," or other words of comparable meaning or future-tense or conditional verbs such as "may," "will," "should," "would," or "could." Forward-looking statements convey Truist's expectations, intentions, or forecasts about future events, circumstances, or results. All forward-looking statements, by their nature, are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond Truist's control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Actual future objectives, strategies, plans, prospects, performance, conditions, and results may differ materially from those set forth in any forward-looking statement. While no list of assumptions, risks, and uncertainties could be complete, some of the factors that may cause actual results or other future events or circumstances to differ from those in Truist's forward-looking statements include the risks and uncertainties more fully discussed in Part I, Item 1A (Risk Factors) in Truist's most recently filed Annual Report on Form 10-K and in Truist's subsequent filings with the Securities and Exchange Commission. Any forward-looking statement made by Truist or on its behalf speaks only as of the date that it was made. Truist does not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except as required by applicable securities laws. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that Truist may make in any subsequent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, or Current Report on Form 8-K.
Bank of America snížila hodnocení PVH na Underperform a cílovou cenu na 70 USD z 90 USD kvůli vysoké expozici vůči EMEA, kde region tvoří zhruba 50 % tržeb. Očekává, že obnova potrvá déle a ziskovost zůstane pod tlakem.
PVH Corp. (NYSE:PVH) was downgraded to 'Underperform' from 'Neutral' by Bank of America, which also lowered its price objective to $70 from $90, citing the apparel company's significant exposure to Europe, the Middle East and Africa (EMEA) and expectations that a recovery in the region could take longer than anticipated.
Shares of PVH traded hands at $72 on Thursday afternoon, up about 7% so far this year.
Bank of America analysts wrote that PVH's EMEA business accounts for about 50% of sales, the highest exposure among companies in their coverage universe, limiting the potential for upside amid a challenging macroeconomic backdrop.
The analysts lowered their earnings estimates for 2026 through 2028 by 1% to 3% to reflect softer sales and margin assumptions and reduced their valuation multiple to 4 times projected 2027 EV/EBITDA from 5 times previously.
Bank of America wrote that demand in Europe has weakened amid conflict in the Middle East, while PVH is also facing sales and margin pressure in its Middle East and Türkiye operations. Although the Middle East excluding Türkiye represents only about 1% of company sales, it contributes roughly 7% of total EBIT because the business is entirely wholesale.
Even if geopolitical tensions ease, the analysts wrote that a recovery in the region may take time, particularly as tourism flows into markets such as the United Arab Emirates have been affected. They added that PVH's wholesale business, which accounts for approximately half of total sales, could further slow the rebound because wholesale partners tend to be cautious about inventory commitments during periods of uncertainty.
Bank of America also noted that PVH's updated guidance already incorporates expected tariff refunds of about $100 million in the second quarter, equivalent to an estimated 100-basis-point benefit to annual gross margin. The analysts wrote that this leaves the company with less margin flexibility in 2026 relative to peers and creates more challenging comparisons in 2027.
Despite the tariff-related benefit, Bank of America expects PVH's EBIT margin to remain flat in 2026 as pressure in EMEA, tariff costs, licensing transitions and increased marketing spending offset potential gains.
While the analysts acknowledged longer-term opportunities for margin expansion through cost-cutting and strategic initiatives, they wrote that near-term profit-and-loss volatility is likely to continue overshadowing progress.
Wendy’s (NASDAQ:WEN | WEN Price Prediction) has recently become one of the market’s most closely watched stocks after a sharp rally this week sparked an explosion in options activity. CNBC’s Oliver Renick walked through the staggering activity on Options Action, explaining Wendy’s beaten-down turnaround story, new management, heavy short interest, and out-of-the-money calls trading at lottery-ticket prices.
What the Segment Highlighted Per Renick’s segment, Wendy’s shares popped about 40% this week before reversing on Thursday, June 25, with the stock down about 70% over the past five years. He noted the company is undergoing management changes and that hedge funds are reportedly shorting roughly one-third of outstanding shares, while retail traders are posting actively on Reddit.
Renick flagged that almost 200,000 options contracts traded this morning, over 150 times the daily average call volume. The crowd seems interested in the $9 strike call expiring August 21st at about $0.80, which would require roughly a 34% rally to pay off. Call buying is almost double put buying, and implied volatility is around 145, even higher than Micron’s ~115, a reference point Renick used purely to underscore how juiced WEN options have become.
The Fundamentals Behind the Frenzy Wendy’s is in the early innings of a turnaround. Interim CEO Ken Cook said on the Q1 2026 earnings call, “We are taking decisive action to strengthen the Wendy’s system and improve performance… While our first quarter results reflect a business in the early stages of a turnaround, we are making progress to improve our U.S. business and are confident in the direction we are heading.”
Q1 2026 results showed EPS of $0.12 versus the consensus of $0.10 and revenue of $540.637 million. The bear case is in the operating metrics: U.S. same-restaurant sales fell 7.8%, net income dropped 42.11%, and company-operated restaurant margins compressed 340 basis points to 11.4%. International is the bright spot, with systemwide sales up 6.0% and a new agreement to build up to 1,000 restaurants across China over the next 10 years.
Short interest sits at 82.4% of float, activist Nelson Peltz of Trian Partners has signaled he may sell his stake, buy more shares, or attempt an outright acquisition, and the company named Steve Cirulis CFO and Chief Strategy Officer on June 23, 2026. Directors Peltz, May, and Dolan made open-market purchases at $7.14/share on April 3, 2026.
The Risk Investors Should Keep in Mind The recent jump in Wendy’s options activity shows that investors are weighing whether management changes, heavy short interest, and improving corporate initiatives can eventually translate into a broader turnaround for the business. At the same time, weak U.S. same-restaurant sales and cautious Wall Street expectations show why opinions remain divided.
Wall Street is pricing caution. Analysts’ median price target is $7.84, with 16 Hold ratings, 4 Buys, and 5 Sell-equivalent ratings. Management reaffirmed 2026 adjusted EPS guidance of $0.56–$0.60 and global systemwide sales approximately flat.
Cheap out-of-the-money calls on a name with 82.4% short interest can pay off spectacularly, but they can also expire worthless. Investors weighing this story should keep an eye on whether Project Fresh, the China rollout, and any Trian-driven transaction translate into stabilization of U.S. same-restaurant sales through the back half of 2026.
Onsemi se dohodla na akvizici Synaptics v čistě akciové transakci za zhruba 7 miliard USD. Obchod má posílit její pozici na trhu čipů pro zařízení s umělou inteligencí.
An Onsemi logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJune 25 (Reuters) - Onsemi (ON.O), opens new tab said on Thursday it had agreed to acquire Synaptics (SYNA.O), opens new tab in an all-stock deal valued at about $7 billion, potentially broadening the chipmaker's presence in the fast-growing market for AI-enabled devices
Shares of Onsemi fell about 7.4% in extended trading, while those of Synaptics were down 0.5%.
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Under the terms of the agreement, Synaptics shareholders will receive 1.350 shares of onsemi common stock for each Synaptics share. This exchange ratio represents a 19% premium based on the 10-day volume-weighted average closing prices of both companies' stocks.
"This transaction would add immediate connected compute capabilities, expand our software and ecosystem reach and position onsemi to deliver greater value as customers increasingly seek intelligent systems," Onsemi CEO Hassane El-Khoury said.
Reporting by Jaspreet Singh in Bengaluru; Editing by Anil D'Silva
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Quaker Houghton otevřel v čínském Zhangjiagangu nový výrobní závod a v Šanghaji rozšířil laboratoř, aby posílil lokální produkci a inovace v Asii a Tichomoří.
, /PRNewswire/ -- Quaker Houghton ("the Company"; NYSE: KWR), the global leader in industrial process fluids, today announced the opening of its new manufacturing facility in Zhangjiagang, China, expanding local production capabilities to support growing customer demand across the Asia-Pacific region.
The facility strengthens Quaker Houghton's global manufacturing network and adds new production capabilities for die casting and grease product lines, while supporting key industries including steel, aluminum, automotive, beverage can, mining, and wind power.
"The opening of our Zhangjiagang facility is an important step in Quaker Houghton's long-term growth strategy in Asia," said Albert Ma, Senior Vice President, Regional Commercial Lead – Asia Pacific. "By adding new manufacturing capabilities locally in China, we are enhancing our ability to serve our customers with the innovative, high-quality solutions they know and expect from Quaker Houghton."
Earlier in June, Quaker Houghton also opened its expanded laboratory in Shanghai, adding testing and development capabilities to drive innovation, help customers stay ahead, and support growth. This includes dedicated labs for the company's grease business and QH FLUID INTELLIGENCE™ – a technology platform to measure, control, and optimize fluid and process performance.
Joseph Berquist, Chief Executive Officer and President, said, "These investments reflect the strategic importance of Asia Pacific to the Company's long-term growth strategy. They strengthen our ability to better serve our customers in the region by enabling local production of a larger portion of our diverse product portfolio and accelerating innovation to meet increasing demand across the region."
About Quaker Houghton
Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,700 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.
, /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.38 per common share. The dividend represents a two-cent, or 5.6%, increase over the previous quarter's dividend and will be paid on September 3, 2026 to all shareholders of record as of the close of business on August 6, 2026.
"This announcement marks the fourteenth consecutive annual increase to Matson's quarterly dividend," said Matt Cox, Matson's Chairman and Chief Executive Officer. "The increase reflects the strength of our business and confidence in our long-term free cash flow growth. We will continue to be disciplined in our approach to capital allocation and are committed to the return of excess capital to shareholders through the execution of share repurchases after funding our dividend, supporting our operations with maintenance capital, and investing in growth opportunities, while maintaining an investment grade balance sheet."
About the Company
Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America and Asia. Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska. Additional information about the Company is available at www.matson.com.
Forward Looking Statements
Statements in this news release that are not historical facts are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to, statements about capital allocation plans, the timing, manner and volume of repurchases of common shares pursuant to the repurchase program, and use of excess cash. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. We do not undertake any obligation to update our forward-looking statements.
J.M. Smucker má dividendový výnos 3,78 % a vedení chce dál podporovat čtvrtletní dividendu, zatímco snižuje dluh. Firma zároveň plánuje splatit dalších 500 milionů USD dluhu.
The packaged-food aisle has become a graveyard for income stories, with GLP-1 drugs, private label, and tariffs squeezing every legacy brand. J.M. Smucker (NYSE:SJM | SJM Price Prediction) sits inside that storm with Folgers, Café Bustelo, Jif, Uncrustables, Milk-Bone, and Hostess on its shelves. For retirees, the question is simple: can the 3.78% yield survive the noise?
Dividend Snapshot Metric Value Annual Dividend $4.40 Dividend Yield 3.78% Consecutive Years of Increases 27+ Most Recent Quarterly Raise $1.08 to $1.10 (May 2026) Aristocrat/King Status No (gap in public record) Cash Flow Buries the GAAP Headline GAAP net income was negative $138.7 million in fiscal 2026, but that figure is polluted by the $980 million Hostess impairment. Cash tells the truer story.
Metric TTM Assessment Earnings Payout (Adj. EPS) ~48% Healthy FCF Payout ~40% Healthy Operating Cash Flow Coverage ~3.2x Strong Smucker generated $1.2 billion in free cash flow, up from $816.6 million, and returned $464.7 million via dividends. Adjusted EPS of $9.15 against a $4.40 dividend leaves comfortable cushion.
Leverage Is the Real Pressure Point Metric Value Assessment Debt-to-Equity ~1.93x Aggressive Net Debt-to-EBITDA 3.8x Elevated Interest Coverage (GAAP) 0.94x Tight Cash on Hand $58.6M Thin The Hostess deal saddled the balance sheet, and $381.2 million in interest expense nearly swallowed GAAP operating income. Management is actively deleveraging.
27 Straight Years of Raises Year Annual Dividend 2025 $4.36 2024 $4.28 2023 $4.16 2022 $4.02 2021 $3.78 Growth has slowed to roughly 2% annually, a clear signal management is preserving cash for debt paydown.
The CFO Spells Out the Capital Plan On the June 9 call, CFO Tucker Marshall said, “We want to support quarterly dividends and grow them where appropriate.” He added a concrete target: “We also plan to pay down an additional $500 million of debt to get down to around a 3x leverage profile by the end of this fiscal year.” Dividends rank above buybacks, which only come back after the leverage target is hit.
Verdict: Safe With Caveats Dividend Safety Rating: Safe. The $1.2 billion FCF cushion, $9.75 to $10.25 FY27 EPS guide, and explicit CFO commitment all support the payout. The asterisk is leverage and a guided 3% to 4% revenue decline next year. Smucker fits an income thesis if coffee deflation and Uncrustables keep cash flow above $1 billion. The bear case rests on Hostess deteriorating further and forcing another impairment cycle. For now, the check clears.
Acuity Brands prudce roste po silných výsledcích za 3. čtvrtletí 2026. Tržby dosáhly 1,2 miliardy USD a upravený zisk na akcii (EPS) činil 5,31 USD, nad odhady.
Rising to a level it hasn't reached in months, Acuity Brands (AYI +17.64%) stock is rocketing higher today after the company reported strong third-quarter 2026 financial results this morning. At the opening of today's market session, shares of the industrial lighting company were priced at $349.89, a level it hasn't seen since mid-January.
As of 2:40 p.m. ET, shares of Acuity are up 19.8%.
Image source: Getty Images.
Beating analysts' estimates is just part of the story Reporting Q3 2026 sales of $1.2 billion, a 2% year-over-year increase, Acuity surpassed the consensus among analysts that the company would report revenue of $1.18 billion.
Today's Change
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At the bottom of the income statement, the company also provided better results than what Wall Street expected. Whereas analysts had anticipated the company posting adjusted earnings per share (EPS) of $5.19, it reported $5.31, a 4% increase over the same period last year.
It wasn't only the income statement that gave investors something to celebrate.
Acuity reported Q3 2026 free cash flow of $462 million, a more than 30% increase over the $355 milion that it reported in Q3 2025.
Is Acuity stock a buy on today's news? For those seeking a conservative industrials stock, Acuity is worth strong consideration right now. The company is reporting strong free cash flow, which it's using to boost its financial health. Since the start of its fiscal year, Acuity has generated $520 million in operating cash flow and allocated $200 million to reducing debt. Trading at 22.4 times trailing earnings -- a discount to the S&P 500 P/E of 31.6 -- Acuity stock appears to be a bargain right now.
Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its second quarter financial results after the market closes on Tuesday, July 28, 2026. The company expects to webcast a discussion of its results on Wednesday, July 29, at 10:00 a.m. ET, through its website at hanover.com.
About The Hanover
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
Ares Management znovu omezila výběry z vlajkového private credit fondu ASIF poté, co ve 2. čtvrtletí investoři požádali o odkup 14,4 % podílů. Fond povolil jen 5 % podílů.
Director, Co-Founder and CEO, at Ares Management Michael Arougheti attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
SummaryCompaniesMost withdrawal requests came from less than 1% of shareholder base, largely outside U.S.ASIF Q2 redemption requests jump to 14.4% from 11.6% in prior quarterRequests from U.S. private wealth investors accounted for just 2.4% of sharesJune 25 (Reuters) - Ares Management (ARES.N), opens new tab again capped withdrawals at its flagship private credit fund after redemption requests rose in the second quarter, according to a filing released Thursday.
Investors sought to pull 14.4% of shares from the $22.6 billion Ares Strategic Income Fund (ASIF) in the second quarter, up from 11.6% in the previous quarter. The fund limited withdrawals to 5% of shares, the customary threshold for such vehicles.
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Wealthy individuals have pulled money from non-traded private credit funds in recent months over concerns about lending standards and how software companies that borrowed heavily from direct lenders will navigate AI disruption.
Investors pulled a combined $12.9 billion from private credit funds for wealthy individuals in the first five months of 2026, according to investment bank Robert A. Stanger.
Most requests were concentrated among a small number of non-U.S. institutions and family offices, representing less than 1% of ASIF's more than 20,000 shareholders, the fund said. They accounted for nearly half of second-quarter requests.
Peer Apollo (APO.N), opens new tab has also recently flagged that withdrawal requests at its $26 billion private credit fund moderated from U.S. and increased from offshore.
Nearly two-thirds of repurchase requests at ASIF were submitted by investors who had tendered in the prior quarter.
"Optically, not a great update; however, the devil is in the details, and we are quite encouraged by the finer disclosure," TD Cowen analyst Bill Katz said, noting that the pattern of repurchase requests does not suggest widespread angst, while repeat requesters indicate redemption pressures are not building.
US PRIVATE WEALTH CHANNELWithdrawal requests from U.S. private wealth investors, ASIF's largest shareholder segment, represented only 2.4% of shares and declined 35% from the prior quarter.
The segment also accounted for nearly half of second-quarter inflows, ASIF said.
CEO Michael Arougheti said earlier this month that U.S. high-net-worth individuals were growing their alternatives exposure and not redeeming at the rate markets expected.
ASIF, launched in 2022, said its Class I shares had generated an annualized total return of 10.27% since inception, representing a 187-basis-point premium to broadly syndicated bank loans.
Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Accelerates onsemi’s evolution, building on its strength in power and sensing to become a leading provider of intelligent systems — expanding from AI data centers into Physical AIIncreases onsemi’s total addressable market by $30 billion to $243 billion by 2030Positions onsemi at the intersection of Power, Sense, Connected Compute and Control — the four pillars of Physical AI — which enable machines to sense, decide, act and adapt in the physical worldWould combine complementary portfolios to drive significant customer value and deepen customer engagements SCOTTSDALE, Ariz. & SAN JOSE, Calif., June 25, 2026 (GLOBE NEWSWIRE) -- onsemi (Nasdaq: ON) and Synaptics Incorporated (Nasdaq: SYNA) today announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an approximately 19% premium to the volume weighted average closing prices of onsemi and Synaptics over the last 10 trading days.
The combination would accelerate onsemi’s evolution toward global leadership in intelligent systems. By adding Synaptics’ differentiated Edge AI compute franchise and strong portfolio of human-machine interface and wireless connectivity solutions, onsemi is expected to extend its capabilities beyond power and sensing to intelligent systems, delivering greater value to a broad range of end markets. Building on onsemi’s expertise in automotive, industrial and AI data center, the combined platform is intended to position onsemi at the center of Physical AI, with the potential to expand onsemi’s TAM by $30 billion to $243 billion by 2030.
“As artificial intelligence moves beyond the cloud and into the physical world, including automotive and industrial, the next phase of innovation will depend on systems that can sense, decide, act and adapt in real time,” said Hassane El-Khoury, President and CEO of onsemi. “This shift towards Physical AI will require Power, Sense, Connected Compute and Control to work together seamlessly. The addition of Synaptics helps position onsemi at the intersection of these four pillars, enabling us to capture a significantly larger AI opportunity that extends beyond AI data center and into edge applications. This transaction would add immediate connected compute capabilities, expand our software and ecosystem reach and position onsemi to deliver greater value as customers increasingly seek intelligent systems.”
“Today’s announcement marks an important step in accelerating Synaptics’ growth and leadership in Edge AI and Physical AI,” said Rahul Patel, Synaptics President and CEO. “Together with onsemi, we will combine Synaptics’ strengths in AI-native compute, connectivity, and human-machine interface with onsemi’s leadership in intelligent power and sensing to offer customers integrated solutions and development platforms across every layer of the Edge AI stack, deepening customer engagement and expanding across a greater total addressable market. The all-stock structure allows our shareholders to participate in the compelling growth and value creation opportunities ahead, and I look forward to working with the onsemi leadership team to help realize the full value of this combination.”
Compelling Strategic and Financial Rationale
The combination is expected to deliver substantial value:
Enables capabilities from AI Infrastructure to Physical AI: onsemi is already well-positioned across the AI infrastructure ecosystem, from the energy grid to the data center core. This transaction is expected to extend that reach to the intelligent edge, enabling onsemi to address additional end markets while enhancing its capabilities to become a provider of integrated, system-level solutions across Power, Sense, Connected Compute and Control. This compelling combination would enable systems that can sense, decide, act and adapt in real time across Physical AI applications, including autonomous driving, robotics, and AR/VR.
Adds a proven, scalable Edge AI connected compute platform to onsemi: Synaptics’ Astra platform combines purpose-built AI processors and NPUs for multimodal intelligence with an industry-leading wireless connectivity portfolio spanning Wi-Fi, Bluetooth and GPS and a full open-source software stack for rapid deployment.
Complementary portfolios designed to unlock significant revenue growth with scale: The combination of two highly complementary portfolios would allow onsemi to accelerate its innovation and product roadmap to capture higher dollar content per platform while fostering deeper long-term customer engagement. This is anticipated to increase onsemi’s exposure to higher-value, differentiated system solutions with embedded IP and software, supporting improved mix, margin expansion and durable growth.
Attractive financial profile: The transaction is expected to be accretive to non-GAAP EPS within 18 months of closing, with an expected $200 million in annual synergies and gross margins consistent with onsemi’s long-term financial model. onsemi remains committed to maintaining its existing capital return policy during the pendency period.
Transaction Details
Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Synaptics stockholders will receive 1.350 shares of onsemi common stock for each share of Synaptics common stock held at the time of closing, implying pro forma ownership of approximately 12% for Synaptics stockholders on a fully diluted basis.
As part of the transaction, one member of the Synaptics Board of Directors is expected to join onsemi’s Board of Directors.
The transaction is expected to close in mid-2027, subject to approval by Synaptics stockholders, the receipt of required regulatory approvals and other customary conditions.
onsemi and Synaptics Reiterate Previously Provided Financial Outlooks
As part of today’s announcement, onsemi is reiterating its financial outlook for the second fiscal quarter of 2026 provided on May 4, 2026. Synaptics is reiterating its financial outlook for the fiscal fourth quarter of 2026 provided on May 7, 2026.
Conference Call and Webcast Information
onsemi will host a conference call for the financial community at 5:00 p.m. Eastern Daylight Time (EDT) on June 25, 2026, to discuss the transaction announcement. A live webcast and related presentation materials will be available on onsemi’s IR site at http://www.onsemi.com. The webcast replay and presentation will be available following the call. Investors and interested parties can also access the conference call by pre-registering here.
Advisors
Morgan Stanley served as lead financial advisor to onsemi. J.P. Morgan Securities LLC also served as a financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to onsemi. Qatalyst Partners acted as exclusive financial advisor and Baker McKenzie served as legal counsel to Synaptics.
About onsemi
onsemi (Nasdaq: ON) delivers intelligent power and sensing technologies that enable electrification, energy efficiency, safety, and automation across automotive, industrial, and AI data center end-markets. With a highly differentiated and innovative product portfolio, onsemi helps customers solve complex challenges to achieve higher efficiency, improved performance, and lower system cost, while supporting a safer, cleaner, and more energy‑efficient world. The company is part of the S&P 500® index. Learn more at www.onsemi.com.
About Synaptics Incorporated
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is a force behind the next generation of technology enhancing how we live, work, and play.
Contact Information
onsemi
Parag Agarwal
Vice President - Investor Relations & Corporate Development
onsemi
(602) 244-3437 [email protected]
Krystal Heaton
Director, Head of Public Relations
onsemi
(480) 242-6943 [email protected]
Synaptics
Munjal Shah
Vice President – Investor Relations
Synaptics
(408) 518-7639 [email protected]
This communication relates to a proposed business combination transaction between Synaptics Incorporated and ON Semiconductor Corporation. This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Synaptics’ and onsemi’s current expectations, estimates and projections about the expected date of closing of the proposed transaction and the potential benefits thereof, their respective businesses and industries, management’s beliefs and certain assumptions made by Synaptics and onsemi, all of which are subject to change. Some of these forward-looking statements can be identified by the use of forward-looking words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “projects,” “strategy,” or “anticipates,” or the negative of those words or other comparable terminology that convey uncertainty of future events or outcomes.
These forward-looking statements involve known and unknown risks and uncertainties, which may cause Synaptics’ or onsemi’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Factors and risks that may impact future results and performance include, but are not limited to, the following factors: (1) the risk that the conditions to the closing of the transaction are not satisfied, including the risk that required approvals from regulators or the stockholders of Synaptics for the transaction are not obtained; (2) litigation relating to the transaction; (3) uncertainties as to the timing of the consummation of the transaction and the ability of each party to consummate the transaction; (4) risks that the proposed transaction disrupts the current plans and operations of Synaptics or onsemi, including restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; (5) the ability of Synaptics and onsemi to retain and hire key personnel; (6) competitive responses to the proposed transaction; (7) unexpected costs, charges or expenses resulting from the transaction; (8) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the transaction; (9) the combined companies’ ability to achieve the growth prospects and synergies expected from the transaction, as well as delays, challenges and expenses associated with integrating the combined companies’ existing businesses; (10) uncertainty as to the long-term value of onsemi’s common stock; (11) legislative, regulatory and economic developments; and (12) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as Synaptics’ and onsemi’s response to any of the aforementioned factors. These risks, as well as other risks associated with the proposed transaction, will be more fully discussed in the proxy statement/prospectus that will be included in the Registration Statement on Form S-4 that will be filed with the SEC in connection with the proposed transaction. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements.
In addition, actual results are subject to other risks and uncertainties that relate more broadly to Synaptics’ overall business, including those more fully described in Synaptics’ filings with the Securities and Exchange Commission (“SEC”) including its annual report on Form 10-K for the fiscal year ended June 28, 2025, and its quarterly reports filed on Form 10-Q for the current fiscal year, and onsemi’s overall business and financial condition, including those more fully described in onsemi’s filings with the SEC including its annual report on Form 10-K for the fiscal year ended December 31, 2025, and its quarterly reports filed on Form 10-Q for its current fiscal year. Forward-looking statements are not guarantees of performance, and speak only as of the date made, and neither Synaptics nor its management undertakes any obligation to update or revise any forward-looking statements.
No Offer or Solicitation
This communication is for informational purposes only and does not constitute, or form a part of, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Important Additional Information about the Transaction and Where To Find It
The proposed transaction will be submitted to the stockholders of Synaptics for their consideration. In connection with the proposed transaction, onsemi will file with the SEC a Registration Statement on Form S-4 that will include a proxy statement of Synaptics and that also constitutes a prospectus of onsemi. Each of Synaptics and onsemi will provide the proxy statement/prospectus to Synaptics stockholders. Synaptics and onsemi also plan to file other documents with the SEC regarding the proposed transaction. This document is not a substitute for any prospectus, proxy statement or any other document which Synaptics or onsemi may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. You may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC’s website (www.sec.gov). In addition, investors and stockholders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC by the parties on Synaptics Investor Relations at https://investor.synaptics.com/ (for documents filed with the SEC by Synaptics) or onsemi Investor Relations at https://investor.onsemi.com/ (for documents filed with the SEC by onsemi).
Participants in the Solicitation
Synaptics, onsemi, and certain of their respective directors, executive officers and other members of management and employees, under SEC rules may be deemed to be participants in the solicitation of proxies from Synaptics stockholders in connection with the proposed transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Synaptics stockholders in connection with the proposed transaction, and a description of their direct and indirect interests, by security holdings or otherwise, will be set forth in the proxy statement/prospectus when it is filed with the SEC. You can find more detailed information about Synaptics’ executive officers and directors under the headings “Proposal 1 – Election of Directors,” “Director Compensation,” “Compensation Discussion and Analysis,” “Named Executive Officer Compensation Tables,” “CEO Pay Ratio Disclosure,” “Pay Versus Performance Disclosure” and “Beneficial Ownership of Certain Stockholders” in its definitive proxy statement filed with the SEC on September 16, 2025. To the extent holdings of Synaptics common stock by the directors and executive officers of Synaptics have changed from the amounts of Synaptics common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=817720&owner=exclude under the tab “Ownership Disclosures”. You can find more detailed information about onsemi’s executive officers and directors under the headings “The Board of Directors and Corporate Governance,” “Compensation of Executive Officers” and “Stock Ownership” in its definitive proxy statement filed with the SEC on April 2, 2026. To the extent holdings of onsemi common stock by the directors and executive officers of onsemi have changed from the amounts of onsemi common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1097864&owner=exclude under the tab “Ownership Disclosures”. Additional information about Synaptics’ executive officers and directors and onsemi’s executive officers and directors can be found in the above-referenced Registration Statement on Form S-4 when it becomes available.
Eastman Chemical zvýšila dividendu už 16. rok v řadě a za rok 2025 vyplatila 381 milionů USD při volném cash flow 424 milionů USD. Firma uvádí, že nový závod na methanolýzu přidal v roce 2025 asi 60 milionů USD do zisku.
Eastman Chemical (NYSE: EMN | EMN Price Prediction) is a Kingsport, Tennessee specialty materials company whose molecular recycling (methanolysis) facility is reshaping its cash flow profile. Trading at $72.49 with a 4.56% yield, the question for income investors is straightforward: can the company keep funding the payout through a cyclical chemicals trough?
Dividend Snapshot Metric Value Annual Dividend $3.34 Dividend Yield 4.56% Consecutive Years of Increases 16 years Most Recent Quarterly Rate $0.84 (ex-date June 15, 2026) Dividend Aristocrat Status No (needs 25 years) The Cash Flow Math Works, Even in a Down Year Eastman paid $381 million in dividends in 2025 against $424 million in free cash flow (operating cash flow of $970 million minus capex of $546 million). FY2025 adjusted EPS came in at $5.42, while the dividend run rate is roughly $3.32 per share.
Metric Value Assessment Earnings Payout (Adj.) ~61% Healthy FCF Payout ~90% Elevated OCF Coverage 2.5x Strong The FCF cushion narrowed in 2025 versus $688 million in 2024, but 2026 capex guidance of about $400 million should restore breathing room.
Leverage Is the Real Watch Item Metric Value Net Debt $4.59B EBITDA (TTM) $1.37B Net Debt / EBITDA ~3.4x Cash on Hand (Q1 2026) $665M Leverage above 3x EBITDA is elevated for a cyclical, but the $665 million cash balance and targeted $125 to $150 million in 2026 cost reductions provide insulation.
16 Straight Raises, Including Through 2020 Year Annual Dividend Paid 2025 $381M 2024 $379M 2023 $376M 2022 $381M 2021 $375M The quarterly rate has climbed from $0.46 in 2016 to $0.84 today, and management held the line through the pandemic.
Management Calls Out the Catalyst CEO Mark Costa said on the FY2025 call: “We continued to prioritize stockholder returns and raised the dividend for the 16th consecutive year. In total, we returned approximately $500 million through dividends and share repurchases.” He added: “In 2025, we generated operating cash flow approaching $1 billion, a clear validation of our disciplined approach to cost and working capital management.” The Kingsport methanolysis facility, contributing about $60 million of incremental earnings in 2025 with $30 million more targeted in 2026, is the secular growth engine.
Verdict: Safe, With Leverage as the Asterisk Dividend Safety Rating: Safe. The adjusted-earnings payout near 61% is comfortable, OCF covered the dividend 2.5x, and the recycling ramp adds structural cash flow. EMN screens favorably for income if the methanolysis economics and 11x forward P/E mark a cyclical trough. The risk case builds if olefin pricing weakens further and net debt drifts above $4.59 billion, which would pressure capital allocation. For now, the payout is well covered.
ANDOVER, Mass., June 25, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced the expansion of its Atotech equipment manufacturing site in Guangzhou, China.
With an investment of USD 25 million, the expansion will add approximately 323,000 square feet of manufacturing and operations space and is expected to double the site’s production capacity upon completion, which is targeted for the fourth quarter of 2027.
This investment reinforces MKS’ ongoing commitment to customers across Asia, where localized manufacturing, speed, and responsiveness are increasingly critical. The expansion is driven by sustained growth in AI-related markets — particularly in semiconductor, advanced packaging, and advanced PCB applications — where customers demand greater scale, faster turnaround, and closer technical collaboration.
The new facility expansion is designed to integrate seamlessly with existing operations, enhancing capabilities across production, final assembly, logistics, and testing and validation. Beyond increased manufacturing capacity, the site will continue to support R&D activities, while strengthening global technology collaboration with customers and original equipment manufacturers.
To support more sustainable operations, the facility will incorporate a photovoltaic power system designed to supply a significant portion of its daytime electricity demand, contributing to improved energy efficiency and long-term sustainable growth.
“Expanding our operations in Asia strengthens our ability to support customers in one of the world’s most dynamic electronics manufacturing hubs,” said Dave Henry, Executive Vice President, Global Strategic Marketing and General Manager, Materials Solutions Division. “By increasing capacity, enhancing operational efficiency, and advancing innovation, we are improving responsiveness to customer demand while building a strong foundation to support the next wave of AI-driven growth globally.”
“This expansion reinforces Guangzhou’s strategic role within our global manufacturing network,” said Tassilo Thuene, Vice President and General Manager, Equipment Business, Materials Solutions Division. “With added capacity, enhanced testing and validation capabilities, and greater operational flexibility, we are well positioned to meet evolving customer requirements and enable the next wave of innovation in advanced electronics and AI-related applications.”
The expanded facility is designed to streamline production flows, reduce complexity, shorten lead times, and improve delivery reliability. Once fully ramped, the site is expected to generate significant additional annual output, further strengthening MKS’ position in high-growth electronics markets.
About MKS Inc.
MKS Inc. (NASDAQ: MKSI) enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
About the Atotech Brand
Atotech, a brand within the Materials Solutions Division of MKS, develops leading process and manufacturing technologies for advanced surface modification, electroless and electrolytic plating, and surface finishing. Applying a comprehensive systems-and-solutions approach, the Atotech portfolio includes chemistry, equipment, software, and services for innovative and high-technology applications. These solutions are used in a wide variety of end-markets, including datacenter, consumer electronics and communications infrastructure, as well as in numerous industrial and consumer applications such as automotive, heavy machinery, and household appliances.
With its well-established innovative strength and industry-leading global TechCenter network, MKS delivers pioneering solutions through its Atotech brand – combined with unparalleled on-site support for customers worldwide. For more information, please visit us at atotech.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding MKS’ manufacturing and operations expansion plans, expected production capacity and output, ability to support customer needs, and anticipated demand and growth opportunities in high-growth electronics markets. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein, including as a result of the factors described in MKS’ Annual Report on Form 10-K for the year ended December 31, 2025 and any subsequent Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release.
SEI šel proti slabému trhu a vzrostl asi o 9 % na zhruba 0,058 USD, přičemž 24hodinový objem vyskočil asi o 190 % na 72 milionů USD. Rally podporuje short squeeze a očekávání upgradu Giga.
While most of the crypto market sold off on June 25, Sei Network's native token $SEI moved in the opposite direction, trading near $0.058 and up roughly 9% on the day as Bitcoin slipped under $60,000 and most major altcoins stayed firmly in the red.
The move was backed by real volume. CoinGecko data shows 24-hour trading volume for $SEI surged around 190% to approximately $72 million, confirming the price action was not a low-liquidity drift. @SeiNetwork was among the day's clear standouts in an otherwise weak market.
Short squeeze and Giga hype fuel the rally Two catalysts appear to be driving the outperformance. The first is a short squeeze that built around the $0.06 level, forcing leveraged bears to cover their positions and amplifying the upside move. The second is growing anticipation around the network's upcoming Giga upgrade.
Sei Labs published the Giga roadmap in late May 2026, targeting over 200,000 transactions per second and sub-400 millisecond finality. At the core of the performance leap is a protocol called Autobahn, a multi-proposer consensus mechanism. Traditional blockchains rely on a single block proposer at a time, creating a bottleneck. Autobahn lets multiple validators propose blocks simultaneously, which is how throughput scales from thousands to hundreds of thousands of TPS.
For context, Sei's prior throughput benchmarks sat in the range of 5,000 to 12,500 TPS. The Giga upgrade represents roughly a 40 to 50-fold increase in raw capacity. Beyond consensus, the upgrade also introduces asynchronous execution, allowing the network to process transactions in parallel and decouple execution from the consensus layer itself.
Phased rollout, not a single launch The upgrade is not a single event. Sei Labs is rolling it out progressively throughout 2026, with no single definitive launch date, and has set up a public milestone tracker at giga.seilabs.io.
Alongside the Giga upgrade, Sei Network committed in 2026 to becoming an EVM-only chain, deprecating its original CosmWasm smart contracts and native Cosmos transaction types through community-approved proposal SIP-3. Binance confirmed support for the full transition to EVM compatibility starting June 1.
The day's price action suggests the market is beginning to price in that technical roadmap, at least in the short term. Whether the rally holds will depend on whether the Giga milestones continue to arrive on schedule and whether broader crypto sentiment improves.
This article is for informational purposes only and does not constitute financial advice.
Sources:
Crypto Briefing: Sei Giga Upgrade Roadmap, Targets 200,000 TPS and 400ms Finality
CoinGecko: Sei (SEI) Live Price and Market Data
MEXC přidá pět spotových obchodních párů s tokenizovanými akciemi Ondo, včetně CCJON/USDT, TTMION/USDT, RMBSON/USDT, SYMON/USDT a KEELON/USDT. Pokryjí AI, polovodiče i energetiku.
MEXC, a pioneer in 0-fee digital asset trading, will list five Ondo tokenized stock spot trading pairs spanning AI, semiconductor, and energy sectors on June 25, 2026, at 12:00 UTC, giving global users onchain exposure to U.S. stocks without a traditional brokerage account or market-hours restrictions.
Ondo Global Markets is a tokenization platform that provides onchain exposure to thousands of U.S. publicly traded securities, including stocks and ETFs, for investors outside the United States. Each token is supported by specific assets held through regulated custodial brokers and tracks the total return of the underlying security, including dividend reinvestment. Non-US retail and institutional users can mint and redeem tokenized U.S. stocks and ETFs instantly, 24 hours a day, five days a week.
As part of its deepening collaboration with Ondo Finance, MEXC is adding five new tokenized stock tradingpairs on spot markets — CCJON/USDT, TTMION/USDT, RMBSON/USDT, SYMON/USDT, and KEELON/USDT — covering Cameco (uranium energy), TTM Technologies (PCB manufacturing), Rambus (semiconductor & silicon intellectual property), Symbotic (AI automation), and Keel Infrastructure (data center & energy infrastructure). This further solidifies MEXC and Ondo’s shared commitment to expanding real-world assets trading opportunities for investors worldwide. Full details are available on the MEXC announcement page.
MEXC and Ondo Finance remain committed to expanding the tokenized real-world assets ecosystem, with plans to continue listing new assets and deepening users’ access to traditional financial markets worldwide. Beyond tokenized assets, MEXC has also officially launched “RealStocks“, an innovative equity product that provides eligible users with real share ownership and dividends. This opens an additional channel for users to access U.S. stock markets within a single platform.
About MEXC MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜X ｜Telegram ｜How to Sign Up on MEXC
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
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ONDO kleslo téměř o 10 % poté, co bylo na burzy přesunuto více než 7,6 milionu tokenů. Cena se propadla na zhruba 0,29 USD a trh sleduje support na 0,30 USD.
ONDO price came under renewed selling pressure on Tuesday as millions of tokens moved onto major crypto exchanges. These large-scale transfers raised concerns over ONDO’s short-term outlook and triggered an intraday drop of nearly 10%.
Significant inflows to exchanges intensified sellingAccording to data shared by Nazoku, which tracks on-chain activity, the wallet labeled as a custodian vault (address 0xBf6) sent 3.637 million ONDO—worth around $1.14 million—to Coinbase via an intermediary wallet. About an hour earlier, another wallet (0x1c0) transferred 4.013 million ONDO to Coinbase as well.
Some of the transferred tokens were broken into smaller amounts and deposited on Binance and Bybit. The transaction volume notably exceeded the available liquidity at the time. With more than 7.6 million ONDO tokens flowing into exchanges while the price was already weakening, the market reacted suddenly, dragging the token even lower.
Large ONDO transfers to exchanges, coupled with an already fragile market structure, added downward pressure on the token’s price.
Nazoku, a platform specializing in on-chain analytics, highlighted that intermediary wallets were used to distribute the tokens in smaller chunks to different exchanges, rather than executing a single large transfer.
$0.30 stands out as critical short-term supportMarket data indicate that ONDO recently lost the $0.36 threshold, a level viewed as pivotal for both buyers and sellers. Rejection from this area deepened the negative sentiment and shifted focus to the next major support at $0.30. Earlier this year, ONDO surged as high as $0.45, but since then, it has recorded lower highs and lower lows, underscoring persistent weakness.
As long as ONDO maintains levels above $0.30, the price may continue sideways or attempt a rebound towards $0.36. A sustained move below $0.30 could bring $0.243 into play as the next potential target.
Inability to reclaim $0.36 has fueled further sell pressure. The report notes that the token last traded at around $0.29, highlighting how the $0.30 mark has become a key inflection point in the short term.
IndicatorLevelIntraday declineApprox. 10%Lost support$0.36Critical support$0.30Downside target$0.243Reported trading priceApprox. $0.29Futures trading sees volume surge despite price dropDespite ONDO’s price weakness, trading activity in the perpetual futures market saw a strong uptick. As reported by Niels, ONDO’s perpetual futures volume climbed to $1.122 billion, up sharply compared to the $133 million recorded on May 31.
This surge in trading volume indicates that short-term traders remained highly active even as the spot market faced intense selling. The simultaneous increase in derivatives activity alongside the spot market decline highlights the heightened volatility currently surrounding ONDO.
The sharp inflow of ONDO tokens to major exchanges set off a wave of selling, which quickly drove the price down to $0.29. Observers continue to watch whether support at $0.30 will hold or if further declines toward $0.243 are likely.
For now, with the token’s price still under pressure and futures interest climbing, ONDO appears poised for continued volatility in the near term. The interplay between exchange inflows and market reactions will remain a key area of focus for traders and analysts.
In summary, the latest token movements and sharp trading shifts have placed ONDO’s crucial support levels and short-term trajectory in the spotlight as the market weighs its next move.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
SpaceX plánuje příští měsíc začít stavět 8mílové potrubí Starpipe do texaských zařízení pro starty Starship. Potrubí má být v provozu do 26. ledna a má urychlit starty rakety.
SummaryCompaniesSpaceX plans to start building 8-mile pipeline next monthProject would fuel more launches of Starship moon rocketPipeline is part of sprawling SpaceX gas plans in TexasWASHINGTON, June 25 (Reuters) - SpaceX (SPCX.O), opens new tab plans to begin next month building an eight‑mile (13-km) natural gas pipeline called "Starpipe" to its Texas launch facilities, according to county filings, as Elon Musk’s company seeks to ramp up launches of its next‑generation Starship rocket.
Starpipe, which will end at SpaceX’s Texas company town of Starbase, is expected to be in service by January 26, according to a document filed last month with the Texas Railroad Commission by SpaceX affiliate Lone Star Mineral Development and reviewed by Reuters.
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The pipeline plan, previously reported by Rio Grande Valley Business Journal, signals Musk's intent to accelerate Starship's development and lay the groundwork for a faster flight rate. The 40‑story rocket is central to SpaceX’s push to expand its Starlink broadband network, deploy orbital AI data center satellites, and eventually carry astronauts to the moon and Mars.
Designed to be fully reusable, Starship uses about 630,000 gallons (2.4 million liters) of liquid methane per launch, currently delivered by hundreds of tanker trucks in an hours-long process incompatible with Musk's expansion plans. Starship has completed 12 test launches since 2023, but Musk aims to ramp up to dozens, hundreds and eventually thousands of launches a year.
SpaceX did not respond to a request for comment.
SPACEX'S BIG GAS PLANSThough it is unusual for a space company to build its own natural gas pipeline for launchpad fuel, Starpipe might only be an initial step in a longer-term plan for SpaceX, which has spent years exploring its own drilling operations near Starbase and throughout Texas, according to a Reuters review of Cameron County land records.
SpaceX President Gwynne Shotwell told CNBC on June 12, when the company went public, that the company planned to build pipelines and process its own propellant, and was looking into drilling its own natural gas.
Extracting natural gas would be a challenging pursuit for a company with no oil and gas experience, said Stan Lindsey, an oil and gas consultant in Texas.
“I’m not saying it's beyond the realm of possibility … it’s possible they got a really nice prospect," Lindsey said. But if those drilling plans fall short, he added, “they’ve got a fallback position” with Starpipe.
SpaceX has signed over 100 paid-up oil and gas leases with Texas property owners since 2023, the land records show.
Starpipe would begin on an 83-acre (34-hectare) piece of land at the Port of Brownsville that SpaceX is in talks to lease from the city for 50 years, a port official told Reuters, speaking on condition of anonymity because the negotiations are private.
Engineering plans SpaceX filed with the U.S. Army Corps of Engineers, included in a public notice issued last August, show SpaceX wants to build a liquefaction facility at Starbase to process the piped-in natural gas into liquid methane.
"Certainly that would make the most efficient sense," said William Farrar, a longtime oil and gas lawyer in Texas and geoscientist.
The company could tap into Enbridge's Valley Crossing Pipeline expansion project that would run close to Starpipe's start point, Lindsey said.
Enbridge did not immediately respond to a request for comment.
SPACEX WANTS TO OWN SUPPLY CHAINSpaceX's move into gas infrastructure, typically the domain of energy and pipeline firms, underscores its longstanding strategy of controlling as much of its supply chain as possible, a capital‑intensive approach that has helped the company outpace rivals in rocket and spacecraft development.
The effort positions SpaceX to manage an unusually broad chain of resources, stretching from natural gas deep beneath Earth's surface to the moon, where Musk wants to use lunar material for AI‑focused satellite production, an ambitious and untested goal.
The pipeline’s 16‑inch (406-mm) diameter suggests fuel demand exceeding what Starship would require for 25 launches, the annual cadence currently approved by the Federal Aviation Administration.
SpaceX ultimately aims to deploy thousands of solar‑powered, AI‑focused satellites whose combined energy output could approach one-fifth of the U.S. power grid, according to its initial public offering prospectus.
Reporting by Joey Roulette; Editing by Joe Brock and Rod Nickel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Joey Roulette is a space reporter for Reuters covering the business and politics of the global space industry, often focusing on space power competition and how commercial interests intersect with international relations. He was part of a team that won the 2024 Pulitzer Prize in national reporting for Reuters' coverage of Elon Musk's business empire. On the space beat for roughly a decade, Joey previously worked for the New York Times, the Verge, and various publications in Florida.
Apple od roku 2012 odkoupil vlastní akcie za 851 miliard USD a 30. dubna přidal dalších 100 miliard USD na odkupy akcií. Firma se tak blíží hranici 1 bilionu USD v kumulovaných zpětných odkupech.
Investors are certainly familiar with just how profitable Apple (AAPL 5.56%) is. Its reported net income margin in the fiscal 2026 second quarter (ended March 28) was a fantastic 26.6%. Pricing power and brand loyalty help drive bottom-line performance.
This kind of financial strength has allowed the business to take care of its shareholders. To be more specific, there are 850 billion reasons (and counting) why investors love Apple stock.
Image source: The Motley Fool.
Apple started its capital returns program in 2012. Since then, the business has repurchased $851 billion worth of shares, a truly massive figure that exceeds the current market capitalizations of all but 18 publicly traded companies.
On April 30, Apple added $100 billion in capacity for additional stock buybacks. This adds to the $64 billion remaining on its prior authorization. In total, this means it won't be long until Apple eclipses $1 trillion in cumulative share repurchases.
Today's Change
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All else equal, buybacks introduce a tailwind to earnings per share (EPS) because they reduce the number of shares outstanding. In the past decade, Apple's diluted EPS has risen at a compound annual rate of 15.5%. During that time, the diluted outstanding share count shrank by about 33%.
Apple's stock price has soared 1,140% in the last 10 years (as of June 23). Investors should credit some of this performance to the leadership team's capital allocation policy.
Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.
Tržby společnosti Meta Platforms meziročně vzrostly o 33 % na 56,3 miliardy USD díky růstu zapojení do AI. Na 2. čtvrtletí 2026 očekává tržby 58 až 61 miliard USD.
Key Takeaways Meta Platforms posted 33% year-over-year revenue growth to $56.3 billion, aided by AI engagement. META saw Reels watch time rise 10%, while AI-translated videos reach 500M weekly viewers. Meta Platforms expects Q2 2026 revenues of $58B-$61B as it expands AI infrastructure. Meta Platform (META - Free Report) is benefiting from its accelerating growth into artificial intelligence (AI), which is driving significant top-line growth and positioning the company for further upside.
META’s release of the Muse family of models and the upgraded Meta AI assistant has positioned the company as a leader in personal superintelligence, with billions of users now accessing these AI-powered features. This surge in AI-driven engagement is translating directly into top-line growth, as evidenced by a 33% year-over-year increase in total revenues to $56.3 billion for the first quarter of 2026.
The company’s focus on integrating AI into its platforms, which includes Facebook, WhatsApp, Instagram, Messenger, and Threads, is driving user as well as advertising engagements. AI is heavily dependent on data, of which META has a trove, driven by its more than 3.56 billion daily users. Meta Platforms continues to see strong engagement trends with Instagram Reels, where watch time increased by 10% and Facebook video time increased by 8% globally in the first quarter of 2026. AI-translated videos are now watched weekly by more than 500 million users on Facebook and Instagram. Threads continue to grow with more than 500 million monthly active users.
Meta Platforms’ generative AI advertising tools are gaining strong traction, with more than 8 million advertisers using at least one GenAI ad creative tool in the first quarter of 2026. Video generation tools improved conversion rates by more than 3% while adoption among small and medium businesses has been particularly strong.
Meta Platforms is spending heavily on expanding AI infrastructure, which is expected to benefit the company’s top-line growth. For the second quarter of 2026, the company expects total revenues between $58 billion and $61 billion.
META Faces Stiff CompetitionMeta Platforms is facing stiff competition from competitors like Snap (SNAP - Free Report) and Reddit (RDDT - Free Report) . Both Snap and Reddit are expanding their portfolio in the AI space.
Reddit’s investments in artificial intelligence (AI)-powered tools remain noteworthy. The launch and adoption of Reddit Max, an automated, AI-powered campaign tool, enabled advertisers to achieve a 17% reduction in cost per action and a 25% increase in conversion rate in the first quarter of 2026. About 50% of Max campaign advertisers now use AI-powered creative features, and brands like Cozy have reported a 35% higher ROAS and a 28% lower cost per acquisition with these tools.
Snap has reached 956 million monthly active users and 483 million daily active users in the first quarter of 2026, driven by the continued adoption of Augmented Reality Lenses, Spotlight and AI-powered features. Key growth drivers include its AI-powered automation solutions, AI Sponsored Snaps, Sponsored Snaps, Promoted Places, Dynamic Product Ads and subscription offerings, including Snapchat+, Memories Storage and Lens+.
META’s Share Price Performance, Valuation, and EstimatesMETA’s shares have lost 15.6% in the year-to-date period, underperforming the broader Zacks Computer & Technology sector’s return of 14.9%.
META Stock Performance
Image Source: Zacks Investment Research
META shares are overvalued, with a forward 12-month Price/Sales of 5.09X compared with the Internet - Software’s 3.54X. META has a Value Score of C.
META Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2026 earnings is pegged at $33.01 per share, which has increased by a penny over the past 30 days. This suggests 40.53% year-over-year growth.
Meta Platforms currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Five researchers out of Google’s core AI team in seven days, and the market noticed. Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) shares fell 5.09% over the past week to $345.29, and dropped another 1.14% Thursday morning to $341.34. The catalyst is talent, the subtext is product, and the spread between the two is where investors are getting nervous.
What Maggie Germain told CNBC On CNBC’s Closing Bell Overtime Wednesday, reporter Maggie Germain laid out why the exits look like a pattern rather than coincidence. When the host pressed whether pre-IPO equity alone explained the moves, Germain pointed at a hole in Google’s product lineup. “Google at this point doesn’t have something that competes with Codex and Claude Code, and that’s where researchers are really gravitating,” she said. Coding assistants are the wedge product for enterprise AI sales right now, and the labs building the best ones are hoovering up Google’s bench.
The standouts are real names. Noam Shazeer, a Gemini co-lead and one of the original authors of the Transformer paper, is heading to OpenAI. John Jumper, the Nobel laureate behind AlphaFold, is going to Anthropic. Two more DeepMind researchers are reportedly headed to Anthropic as well, and DeepMind chief Demis Hassabis acknowledged “the most ferociously competitive talent market the tech industry has ever seen.” The newer departures sit below Shazeer or Jumper in seniority, yet the cadence is the story.
Why pre-IPO equity changes the math Both Anthropic and OpenAI have confidentially filed S-1s, which converts a researcher’s grant from “maybe valuable someday” into “valuable on a defined timeline.” Polymarket traders are pricing the competitive gap quite directly. As of Thursday, the market gives Anthropic a 98.2% implied probability of holding the top model on Chatbot Arena by June 30, with Google at just 0.3%. Over one month, Anthropic’s odds rose 22.2 points while Google’s fell 17.7.
Compounding the mood, Gemini 3.5 Pro was reportedly pushed from a June release to July. Talent churn alongside a product slip compounds the credibility problem with enterprise buyers.
The numbers that complicate the panic Strip out the last week and the underlying business is still firing. Q1 FY26, reported April 29, delivered EPS of $5.11 against a $2.63 estimate on revenue of $109.90 billion, up 21.8% year over year. Google Cloud grew 63% to $20.03 billion, with backlog nearly doubling sequentially to over $460 billion. CEO Sundar Pichai told investors that Gemini’s API processed more than 16 billion tokens per minute, up 60% from the prior quarter, per Alphabet’s Q1 FY26 8-K.
So why the selloff. Capex hit $35.67 billion in Q1, more than doubling year over year, with FY26 guidance of $175 billion to $185 billion. Investors are being asked to fund a hyperscale build while watching the people who would justify that spend walk to competition. GOOGL’s composite sentiment score has fallen 19.16 points in seven days and 24.88 over thirty. Year to date, the stock is still up 10.46%, and over one year, up 107.64%. The selloff reflects positioning rather than a break in the business.
How the rivals are trading If you assumed talent flowing into the OpenAI and Anthropic camps was juicing their cloud backers, the price action disagrees. Microsoft (NASDAQ:MSFT) is down 3.55% on the week and 24.10% year to date to $355.23, weighed by the same AI capex anxiety dragging Alphabet. Amazon (NASDAQ:AMZN), which backs Anthropic and committed roughly 5 gigawatts of Trainium capacity to it, is down 1.36% on the week to $230.05, up just 1.49% year to date.
What to keep an eye on The July Gemini release is the readable catalyst. If 3.5 Pro lands and clears the 1500 Chatbot Arena threshold the market currently prices at 25%, the talent narrative softens. If it slips again or debuts middling, the question stops being about five researchers and starts being about whether enterprise customers stay parked in Vertex AI when Codex and Claude Code keep shipping. Polymarket is currently pricing an 80% chance GOOGL closes lower on June 25, which tells you where the very short-term crowd has placed its chips.
Stifel snížil cílovou cenu Microsoftu na 400 USD kvůli obavám ze silného tlaku na marže a přehnaných odhadů zisku. Akcie MSFT mezitím klesly na nové 52týdenní minimum.
Microsoft MSFT shares inched lower and printed a fresh 52-week low this morning after a senior Stifel analyst, Brad Reback, lowered his price target on the tech behemoth to $400.
As sentiment shifts from blind AI enthusiasm to cold financial scrutiny, MSFT’s relative strength index (RSI) has crashed into the late 20s, indicating “oversold” conditions that often trigger a near-term reversal.
Still, Reback recommends some caution in playing Microsoft stock that’s already down more than 25% year-to-date.
In his research note, Reback argued the current consensus estimates for Microsoft are “somewhat” ignoring the potential for severe margin compression ahead.
“Severe costs associated with running and scaling Azure’s rapid growth will create unprecedented friction,” he told clients.
According to the Stifel analyst, MSFT’s gross margins (2027) could shrink by 450 basis points on a year-over-year basis to about 63%, significantly below Street’s optimistic consensus of 66.5%.
This dramatic contraction is almost entirely structural – driven by explosive capex and subsequent heavy depreciation costs of building, cooling, and maintaining specialized AI data centers.
Note that MSFT shares are currently trading decisively below their major moving averages (MAs), reinforcing that bears remain firmly in control.
Stifel trimmed its price objective on Microsoft shares also because it believes the consensus EPS estimates for FY27 are inflated by a full dollar.
Wall Street currently expects the titan’s full-year per-share earnings to come in at $19.45, a number analyst Brad Reback sees as highly unrealistic given its surging finance lease obligations and upper single-digit operating expense growth.
This structural expenditure leaves very little room for traditional enterprise cost-cutting measures to balance the scales.
Plus, he also highlighted a continuous decline in organic free cash flow as a major corporate red flag.
If FCF fails to rebound in FY27, Microsoft’s historical flexibility to “aggressively” fund growing shareholder dividends and execute massive share buyback plans will face restrictive boundaries – the analyst added.
All in all, Stifel’s research report perfectly encapsulates a broader, sector-wide realignment hitting the entire technology architecture space.
The market is aggressively transitionary; investors are no longer content with magnificent top-line annualized AI run rates (such as Microsoft's recent $37 billion metric) if it requires tracking toward an astronomical $190 billion in annual capital spending to secure it.
As capex intensity across the enterprise software sector balloons, Wall Street is enforcing a stricter valuation discipline, punishing firms whose near-term cash return profiles are being swallowed by multi-year infrastructure cycles.
For MSFT stock, breaking out of this bearish cycle will require proving to a newly skeptical market that its heavily funded Copilot and Azure AI products can efficiently convert into highly profitable, high-margin software recurring revenue rather than remaining capital-guzzling utilities.
Microsoft od 1. srpna zdraží konzole Xbox kvůli rostoucím nákladům na komponenty; Xbox Series S 512GB podraží o 100 USD na zhruba 500 USD a Series X začne asi na 750 USD.
Hours after Apple announced price increases for MacBooks and iPads, Microsoft said consumers can also expect to pay more for Xbox game consoles, reflecting rising component costs.
Starting Aug. 1, Xbox Series S consoles containing 512GB of storage will go up by $100 to about $500, Microsoft said Thursday, while models with 1TB will increase by $150 more. The entry-level Xbox Series X will now start at about $750.
"Last October, we increased XBOX console price by $20-$70 in the U.S.," the company said in a blog post. "We hoped another price increase would not be necessary, and we have spent the last several months working with suppliers on options."
Microsoft said "console storage and memory prices have increased by more than 2.5x and we expect another doubling by the fall of 2027."
Memory manufacturers such as Micron and SK Hynix have a limited capacity, and they are prioritizing high-bandwidth memory for artificial intelligence infrastructure, such as Nvidia's graphics processing units. Manufacturers are raising prices to reflect higher demand, resulting in wider profit margins.
That puts a strain on consumers looking to buy devices such as smartphones, tablets and computers. Apple's announcement on Thursday came after CEO Tim Cook told The Wall Street Journal that price increases had become inevitable.
"The entire consumer electronics industry is struggling with the current components crisis, but the effects are particularly hard on consoles," the Xbox unit said in the post. "Unlike phones, computers, speakers, and other consumer devices, consoles are typically not sold at a profit, but instead for less than they cost to make."
Microsoft said the 2 TB Xbox Series X, introduced in 2024, will no longer be available.
Microsoft shares sank almost 4% on Thursday. Apple's stock dropped 5%.
Skoro 400 lokálních a regionálních novin podalo žalobu na OpenAI a Microsoft kvůli údajnému porušení autorských práv. Tvrdí, že jejich články byly použity k tréninku ChatGPT a Microsoft Copilot bez souhlasu.
A coalition of publishers of nearly 400 local and regional newspapers has filed a lawsuit against OpenAI and Microsoft, alleging copyright infringement.
The lawsuit alleges that the companies stole the newspapers’ copyrighted news articles, used that content to build and train commercial AI products, including ChatGPT and Microsoft Copilot, and reproduced or repurposed the content without permission or compensation, Platkin LLP, the law firm that filed the suit, said in a Wednesday (June 24) post on LinkedIn.
Platkin LLP was founded this year by former New Jersey Attorney General Matthew Platkin and a team of litigators from the attorney general’s office, according to the firm’s LinkedIn profile.
Matthew Platkin said in the post that the lawsuit “seeks to ensure these local publications creating original content will have meaningful protections in the AI era.”
“AI systems do not critically evaluate city council and community meetings,” Platkin said. “They don’t investigate local crimes and corruption, publish obituaries, or cover the new restaurant opening downtown. Local reporters do. This lawsuit is not about stopping AI innovation, but ensuring that innovation happens fairly and within the bounds of the law.”
Neither Microsoft nor OpenAI immediately replied to PYMNTS’ request for comment.
The New York Times filed a lawsuit against Microsoft and OpenAI in December 2023, alleging copyright infringement. The newspaper claimed the tech companies used its content without permission to develop their AI products.
Reached by PYMNTS at the time, an OpenAI spokesperson said the firm respects the right of content creators and owners and is “committed to working with them to ensure they benefit from AI technology and new revenue models.”
In December, a federal judge directed OpenAI to provide millions of anonymized ChatGPT logs in a copyright case brought by The New York Times and other media organizations. The publishers contended that the logs were necessary to determine whether the AI system reproduced protected articles.
OpenAI and Microsoft also face a copyright infringement lawsuit filed by a group of authors who accuse the companies of misusing the authors’ books to train AI software, while OpenAI faces a copyright infringement lawsuit filed by Encyclopedia Britannica and its subsidiary Merriam-Webster, who allege the company scraped their articles to train its AI.
3M v 1. čtvrtletí zvýšila upravené organické tržby v segmentu Safety & Industrial o 3,2 % a provozní marži o 100 bazických bodů. Firma čeká za letošek asi 3% růst organických tržeb a EPS 8,50–8,70 USD.
Key Takeaways 3M's Safety & Industrial segment posted 3.2% adjusted organic sales growth in Q1 2026.MMM's segment margin rose 100 bps on volumes, productivity and capital discipline.3M expects about 3% organic sales growth and EPS of $8.50-$8.70 in 2026. 3M Company (MMM - Free Report) continues to gain from the strong momentum in its Safety & Industrial segment, a key contributor to its growth. An increase in demand across personal safety, industrial adhesives and tapes, abrasives and electrical has been aiding the segment’s momentum. Sales in the personal safety, industrial adhesives and tapes, abrasives and electrical markets collectively increased in the mid-single-digit range in the first three months of 2026.
A rise in demand for electrical infrastructure products like medium voltage cable accessories and insulation tapes also supported performance. The segment’s adjusted organic sales grew 3.2% year over year in the first quarter. Its adjusted operating margin also improved 100 basis points year over year, supported by higher sales volumes, productivity initiatives and disciplined capital allocation. However, continued investments aimed at business expansion and tariffs partially offset the results. Weakness in the roofing granules business is also concerning for 3M.
Backed by strong operational execution, 3M has provided a positive outlook for 2026. The company expects adjusted organic sales growth of about 3% year over year and projects adjusted earnings in the range of $8.50-$8.70 per share, indicating continued earnings growth from 2025 levels.
Segmental Snapshot of MMM’s PeersAmong 3M’s major peers, Honeywell International Inc. (HON - Free Report) is witnessing solid momentum in its Building Automation segment, driven by ongoing strength in both the building solutions and building products businesses. In the first quarter of 2026, Honeywell’s segment’s revenues increased 11% year over year. It contributed approximately 20.6% to Honeywell’s total revenues during the quarter.
MMM’s another peer, Carlisle Companies Incorporated’s (CSL - Free Report) Carlisle Construction Materials segment decreased 5.1% year over year in the first quarter of 2026. Carlisle’s segment’s revenues were offset by the weakness in the new construction market. It contributed approximately 72.2% of Carlisle’s total revenues during the quarter.
The Zacks Rundown for MMMShares of 3M have gained 10% in the past year against the industry’s decrease of 4%.
Image Source: Zacks Investment Research
From a valuation standpoint, 3M is trading at a forward price-to-earnings ratio of 18.40X, above the industry average of 15.78X. MMM carries a Value Score of D.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for MMM’s earnings for 2026 has increased a penny in the past 60 days.
Image Source: Zacks Investment Research
MMM stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Visa spustila Visa Destinations, mobilní cestovní platformu, která má zákazníkům nabízet doporučení, průvodce městy a kurátorské zážitky. Služba je zatím dostupná v několika světových destinacích.
Visa has launched a travel platform as it moves to expand its role beyond payments.
Visa Destinations, announced Thursday (June 25), is live now in Paris, London, Dubai, Milan, Rome, Mexico City, New York City, Miami, San Francisco and Thailand.
“Travel is expected to grow 10% annually over the coming years. It consistently shows resilience to the world’s events and consumers protect it,” Katya Petelina, head of global cross-border and global sales and commercial operations at Visa, said in a news release.
She also cited company research showing that customers will cut back everyday spending to save up for travel.
“With Visa Destinations, we are accompanying travelers throughout their journey and helping them discover the moments that make a destination memorable, while giving our issuers and merchant partners a meaningful way to participate in the economic growth that travel creates.”
Available to Visa customers via a mobile first platform, Visa Destinations provides “tastemaker recommendations, city guides, and curated experiences” in keeping with what Visa calls its pivot from “being the way to pay for travel to becoming a travel companion.”
Research by PYMNTS Intelligence shows the increasing importance of digital tools for travelers and travel companies.
The data shows that 93% of those companies now offer at least one embedded finance capability, with digital wallets the most common. The research also indicates that companies tie these tools to higher conversion rates and fewer abandoned bookings, as well as gains in efficiency and quicker product rollout.
“The shift reflects how travel platforms are being built,” PYMNTS wrote earlier this year. “Search, booking, payments and loyalty are being woven into a single flow. Keeping the customer inside that flow reduces friction and creates more opportunities to capture spend.”
In other travel news, PYMNTS wrote recently about the resurrection of global business travel, with spending in that sphere projected between $1.62 trillion and $1.69 trillion for the calendar year, according to estimates cited by the Global Business Travel Association industry group, an all-time high that surpasses the record set before the pandemic.
“What makes business travel particularly significant in 2026 is not the volume of trips being taken. It is the nature of those trips,” PYMNTS wrote.
“Organizations are traveling with greater intention, focusing on activities that create measurable business value. Those journeys increasingly revolve around supplier relationships, customer acquisition, market expansion and strategic partnerships—the very activities that generate future trade and payment flows.”
Ford přiznal, že samotná AI nestačila k vyřešení problémů s kvalitou, a proto znovu najal asi 350 zkušených technických specialistů. Firma je zapojila do revizí návrhů a mentorování mladších inženýrů.
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Ford scored a big quality award on Thursday. The company is praising veteran workers. Anna Moneymaker/Getty Images Ford staged a quality comeback. The automaker credits part of the turnaround to pairing AI with something more old-school: veteran engineers.
Executives at Ford told reporters this week that the company had hired, promoted, or brought back about 350 experienced technical specialists as part of a sweeping effort to fix vehicle-quality problems. Those engineering veterans have helped mentor younger staff, lead design reviews, and improve the AI and automated quality tools Ford uses to catch defects before vehicles reach customers, they said.
They also offered a striking admission: AI and automation were not enough on their own.
"Artificial intelligence is a fantastic tool, but it's only as good as information you use to train it," Charles Poon, Ford's vice president of vehicle hardware engineering, said. "Mistakenly, we thought that by just introducing artificial intelligence and ingesting the design requirements that we had, that would produce a high-quality product."
Poon said Ford had not done enough in prior years to preserve the knowledge of its most experienced engineers, some of whom left the company before their expertise was fully integrated into Ford's systems. He said quality problems often showed up at the boundaries between teams, where design, manufacturing, software, and hardware collide.
Quality win, recall hangover
Ford just improved its standing in one of the auto industry's biggest yearly tests. Bill Pugliano/Getty Images The comments came as Ford celebrated a major milestone.
Consumer data analytics firm JD Power named Ford the top mass-market brand in its latest initial-quality study, trailing only Porsche and Genesis overall, according to the study released Thursday. Ford narrowly beat Lexus, which has long been one of the strongest performers in the rankings.
That's a big turnaround. Just three years ago, Ford ranked 15th out of 25 major automakers in the same study.
For years, Ford has faced headwinds on its product quality. In 2025, Ford issued 152 recalls, nearly doubling the previous record set by General Motors in 2014 with 77 safety bulletins.
As of Thursday, Ford had issued 51 recalls this year, according to the NHTSA's dashboard. That's still more than double Chrysler, the next-closest automaker, which had issued 19.
Ford executives said many of the continued recall issues are tied to vehicles and platforms designed between 2013 and 2020, calling recalls a "lagging indicator." They framed the JD Power win as proof that a new approach is taking hold, and said internal data shows "clear improvement" in newer vehicles.
Still, the initial-quality study measures problems in new vehicles, not long-term durability, making it an early signal rather than a full verdict on whether Ford has solved its recall problem.
Ford says it changed how it catches problems
Ford says it's been making manufacturing quality improvements since 2023. Bloomberg/Getty Images Ford launched its quality reset in 2023.
In that time, Kumar Galhotra, Ford's COO, said the company has more than doubled its technical specialist population. Those specialists now lead mandatory design reviews and look for failure points before parts ever reach the plant floor.
"They hunt for failure points before a part ever reaches the plant floor," he said.
The company also created an industrial system team to bring engineering, manufacturing, and supply chain closer together. Before that approach, Galhotra said Ford had previously relied too heavily on a "find and fix" approach — identifying problems after they appeared and trying to resolve them quickly.
Now, Ford says it is trying to prevent problems before they happen.
Ford previously told Business Insider that it had developed two bespoke AI-enhanced scanning tools that helped validate that cars were properly assembled before rolling off the lot. The tools, called AiTriz and MAIVs, both debuted in 2024.
While Ford has previously said the tools are helping improve product quality, the company did not say whether the 350 specialists worked directly on them.
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Ben Shimkus You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Ben Shimkus is a reporter for the Business News desk. He writes about cars, transportation, retail, and jobs. Ben's reporting has appeared in Rolling Stone, The Verge, Automotive News, USA Today, AutoBody News, LGBTQ Nation, TopSpeed, and Out Magazine. He's also held staff writing positions at The U.S. Sun and the Daily Mail. He graduated from NYU with a Master's in journalism in 2024. Email Ben at [email protected] or message him privately on Signal at bshimkus.41.
QUALCOMM Incorporated (QCOM) Analyst/Investor Day June 24, 2026 2:15 PM EDT
Company Participants
Cristiano Amon - CEO, President & Director
Antonios Pialis - Executive VP & General Manager of Data Center for Qualcomm Technologies, Inc.
Tim Davis - Co-Founder, President, Chief Product Officer & Secretary
Tony Pialis
Nakul Duggal - EVP, Group GM of Automotive, Industrial, Embedded IoT, & Robotics - Qualcomm Technologies
Brett Adcock - CEO, CFO, Secretary & Director
Chris Lattner - Co-Founder & CEO
Clément Delangue - Co-Founder, President, CEO & Director
Akash Palkhiwala - Executive VP, CFO & COO
Conference Call Participants
Brett Simpson - Arete Research Services LLP
Satya Nadella - Microsoft Corporation
Mark Zuckerberg - Meta Platforms, Inc.
Tareq Amin - Al-Mustaqbal Lil-Thaka Al-Istinai Company
David Reger - Neura Robotics GmbH
Panos Panay - Amazon.com, Inc.
Rick Osterloh
Christopher Caso - Wolfe Research, LLC
James Schneider - Goldman Sachs Group, Inc., Research Division
Joseph Cardoso - JPMorgan Chase & Co, Research Division
Presentation
Brett Simpson
Arete Research Services LLP
Good afternoon, everyone, and welcome to Qualcomm's 2026 Investor Day. It's great to be here in New York, and it's great to see so many familiar faces.
Now a lot of you have been asking me recently why I joined Qualcomm. And well, I think it's pretty clear. I think we have a really compelling investment case. And today is an opportunity to really share with you why we're so excited about what lies ahead for Qualcomm. We've got a lot to share with you today.
Before we jump into things, I just want to say a big thanks to everyone involved from Qualcomm and making this day possible. It's a huge amount of work. I really had no idea how much man hours goes into put an event like this on. And just wanted to say thanks to everyone. It's really amazing. And I also wanted to say a big thanks to all the executives from
Carnival vykázal rekordní tržby, upravený čistý zisk i zákaznické zálohy ve 2. fiskálním čtvrtletí. Investory ale znepokojil slabší výhled a akcie po výsledcích klesly zhruba o 5 %.
Carnival NYSE: CCL just reported its second fiscal quarter, and it’s clear from the numbers that the company is sailing in the right direction. But warning signs of rough waters ahead spooked investors.
Carnival Today
$28.26 -0.65 (-2.24%)
As of 03:29 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$23.45▼
$34.03Dividend Yield2.12%
P/E Ratio12.73
Price Target$35.13
Based on the latest figures, Carnival continues to execute one of the stronger post-pandemic recoveries in travel. For the three months ended May 31, Carnival posted record levels of revenue, adjusted net income, net yields, and customer deposits. Even with geopolitical tensions and significantly higher fuel costs, the company’s net income rose more than 20%.
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But the company’s forward guidance did little to calm nerves, and that overshadowed an otherwise positive quarterly performance. The stock slid sharply after earnings were announced and closed the day down roughly 5%.
Most analysts still like the stock, but investors should recognize that with real strengths come risks.
Strong Quarterly Results Beat ExpectationsCarnival’s second-quarter results were convincing. Net income came in at $537 million, 5% lower than a year earlier, though adjusted net income, which strips out one-time items, reached $569 million, up more than 21% year-over-year. Overall, revenue of $6.66 billion represented a 5.3% increase over the same period a year ago.
Adjusted EBITDA for the quarter was a record $1.58 billion, up from $1.5 billion a year earlier. Diluted earnings per share (EPS) were 39 cents, and adjusted EPS rose more than 15% to 41 cents, up from 35 cents in the prior-year period and above analysts’ expectations.
The company also said it repurchased more than $450 million of company stock and, with a dividend yield of 2%, distributed $207 million in dividends in the latest quarter.
Healthy Margins Despite Higher Fuel CostsWhile the headline figures were impressive, the unit economics were also encouraging. Net yields in constant currency rose 2.2% for the quarter. Continued price discipline showed up as well, as adjusted daily cruise costs per bed, excluding fuel, held essentially flat year-over-year.
Predictably, fuel was the most visible cost challenge during the quarter. Carnival noted that the increase in earnings per share came despite fuel prices and currency movements, which lowered per share earnings by 6 cents, equal to an overall hit of $73 million for the quarter.
Given 30% higher fuel costs, gross margin yields were down 3.9%. But with adjusted earnings still hitting records, the operating model appears to be holding.
An additional bright spot was a 5.6% improvement in fuel consumption per available lower berth day, suggesting that operational efficiency was at least partially offsetting price pressures.
Debt Reduction Continues to Strengthen the Balance SheetThe latest numbers also showed Carnival’s recovery continuing after more than three years in the making. When the global cruise industry shut down during the pandemic, Carnival took on enormous debt to survive, suspended its dividend, and watched its stock collapse from the low $50s to nearly $7 in the space of a few months.
Its recovery has been methodical and convincing. As of May 31, long-term debt had dropped to $23.4 billion, continuing a steady decline from $32 billion near the end of 2022. The company’s net interest expense improved in the latest quarter to $285 million from $341 million a year earlier.
Strong Demand Faces External RisksThe rest of the year looks strong for the company, though concerns remain.
On the plus side, customer deposits, or the amount consumers have paid to book a cruise months in advance, hit a record $9 billion by the end of the quarter, up more than $450 million compared with the prior year record. In all, Carnival has booked 93% of its capacity and expects record net yields for the rest of the year, the company’s CEO said.
That positive outlook, however, is paired with cautionary forward concerns. The ongoing tensions in the Middle East have significantly cut into Carnival’s operations in the Mediterranean Sea, and concerns linger about demand and net yields going forward.
While earnings for the second quarter came in above analysts’ expectations, revenue missed fractionally from what analysts projected. Further instability in high-tourist areas could continue to cut into passenger bookings.
Further, energy costs remain a significant variable that can shift results quickly. And weather disruptions, macroeconomic slowdowns, or a shift in consumer spending priorities could each push a slowdown that’s not easy to offset. The consumer discretionary sector is always subject to volatility, and competitors, such as Royal Caribbean NYSE: RCL and Norwegian Cruise Line NYSE: NCLH, are stepping up their offerings.
Current Price$28.73High Forecast$45.00Average Forecast$35.13Low Forecast$28.70Carnival Stock Forecast Details
Overall, though, Wall Street analysts like what they see. Of the 26 analysts covering the stock, the consensus rating is a Moderate Buy with a 12-month average target price of $35.13 per share, up more than 20% from current levels.
Finally recovering from its collapse five years ago, shares are up roughly 12% over the past three months. That upside got even more attractive after the pullback that occurred after Carnival reported second-quarter earnings—a reaction similar to what occurred after its first-quarter report.
In all, 21 analysts recommend Buy, while five have the stock as a Hold. The highest price target is $45, while the lowest is $28.70 per share.
Carnival Appeals Most to Aggressive InvestorsFor investors, the choices seem clear. Carnival Corporation has just delivered its best-ever quarter by several key measures, and the record customer deposit balance suggests demand is not fading.
Aggressive investors who are willing to accept cyclicality and balance-sheet risk could likely find the stock interesting. For those who believe in the durability of consumer travel demand, Carnival offers a combination of strong fundamentals, forward momentum, and a meaningful upside.
Conservative investors seeking above a 2% dividend yield, more predictable results, and greater balance-sheet strength might prefer other options.
Should You Invest $1,000 in Carnival Right Now?Before you consider Carnival, you'll want to hear this.
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The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
