Not everyone is buying Elon Musk’s vision for orbital data centers.
Masayoshi Son, the founder and CEO of Softbank, argued at a recent shareholder meeting that building data centers in space won’t do much to cut costs and will take too long when “in the battle for AI, the next few years will be far more important than what might happen a decade or so from now.”
On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed Son’s remarks as part of a broader discussion that included OpenAI’s plans for custom chips, chipmaker Groq’s new $650 million funding, and much more.
Kirsten noted that it’s “very ironic” that Son is playing the skeptic here, given SoftBank’s “long history of wild bets.”
Sean, meanwhile, said that when Musk talks about “making a constellation of satellites — satellites that need to be replaced every few years as well — to make up an ‘orbital data center,’” he’s just “guaranteeing that much more business” for SpaceX.
Keep reading for a preview of our conversation, edited for length and clarity.
Sean O’Kane: Listen, neo-clouds are the new oil, and everybody who wants to make money is pivoting to a neo-cloud. I’m proud to announce that TechCrunch is now a neo-cloud, give us all your money.
I mean, this is the thing you do. It seems like there are so many players that are compute constrained, so anybody who has a shot at being able to lease out that compute is taking it, whether that’s Groq, a company that was semi-hollowed out by Nvidia, or Allbirds, which went into bankruptcy and and emerged from it as a new neo-cloud provider instead of selling shoes — Tim Fernholz did an interview with the new CEO of of that new effort that I would definitely recommend people go read.
Or whether you’re SpaceX, where your idea was: I’m gonna build an AI platform that’s gonna have an addressable market the size of U.S. GDP, but before we get there, we’ll just rent out our compute. And we saw this continue to happen with SpaceX, where it’s not as big as the deals that they’ve struck with Google or Anthropic, but they just signed another deal, [their] first post IPO deal, to rent out compute to another smaller player. They’re continuing down that road.
You know, I can see this being a business for Groq in the near term. The question with all of these is how durable is it in the long term.
Anthony Ha: If we’re talking about SpaceX and their AI business and data center business, we also have to talk about these comments that Masayoshi Son, the CEO of SoftBank, made recently, where he basically said: What is the point of data centers in space? Which is a question we’ve asked on this show.
And it speaks to, again, this sense in the industry of being really, really compute constrained — they need to build as many data centers as possible, [and] there’s all kinds of reasons why that is proving to be challenging here on Earth, so maybe space is the answer. But I think Son makes some pretty fair points about: All this stuff we’re talking about, even if it all works — and the costs are going to be very, very serious to make it work — this is not happening for years and years and years, so this is not a solution to any immediate problem, as far the current need for data centers goes.
Kirsten Korosec: I just want to point out that SoftBank has a long history of making wild bets. I think it says something when Son comes up and asks the question that a lot of people have asked.
I mean, there are a lot of VCs and founders [who] have been swept up into the idea of orbital data centers and it seems like suddenly everyone’s on board. When just a couple of years ago, I think, if someone had mentioned that, it would get slapped down a little bit. So I do think it’s an important part of the process that someone who has a pretty high profile is asking that question. But it is very ironic to me that he is the one asking it, because if you look at his pitch deck, they’ve thrown a lot of money at some pretty bold ideas.
Sean: WeWork! Listen, we’re going to be saying this for a lot over the next couple years. The idea of putting these things in space is going to be an interesting engineering challenge and certainly an interesting economic challenge.
Anthony, what you said is definitely right to a certain extent. Elon Musk is a person who hates red tape and you know, there are no NIMBYs in space so of course he’s going to try and do that.
To me, it comes down to: The business as it stands now for SpaceX, especially its launch business, is just overwhelmingly reliant on Starlink. The reason that they are 80 or 90% of the launch market globally is not just because they’ve done all these things that are better than pretty much every other launch provider around the globe, it’s also because they have Starlink that is driving up that number. If you remove Starlink from the equation, they would be closer to — I don’t know, maybe 20% or 30% of the launch market, or 40%, but it certainly wouldn’t be 90%.
And when you talk about making a constellation of satellites — satellites that need to be replaced every few years as well — to make up an “orbital data center,” quote unquote, you’re just guaranteeing that much more business for your launch business. And I just can’t stop myself from coming back to that point.
Kirsten: I want to really quickly say that [SpaceX’s] other big business is renting out their compute, by the way. So back to the chip conversation. We’ve come full circle.
Anthony: One of the other themes that may run through this episode is this idea of talking your own book. This is not a new phenomenon. Executives at tech companies, or any other company, what they’re predicting for the future is ultimately the future that is going to be advantageous to their business.
But I think it’s something that’s just always worth remembering when we’re having these conversations about big AI companies, because it is this moment of incredible uncertainty, and we’re all wondering: What does the job market look like in the future? What effect is this going to have on the environment? What are the skills I need to learn?
All these AI CEOs or AI investors, they all have thoughts on that. And it’s not that they’re wrong or that they are being deliberately misleading, but in each case, there’s an asterisk to these predictions. In Musk’s case, he’s talking about something that would be very good for SpaceX’s business. In SoftBank’s case, they are very, very heavily invested in data center projects here on Earth. Sam Altman is the other notable figure who’s rolled his eyes a bit at the orbital data center idea — and again, he and Elon Musk obviously have a long and complicated history together.
All of which is to say that there’s just no objective, impartial observers here. It’s all these people with baggage and tremendous amounts of money at stake.
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Space Exploration Technologies's (SPCX +0.15%) Starlink internet service is perhaps its most successful venture to date. This business unit accounted for the majority of SpaceX's revenues and profits last year.
The FCC has already approved the company to launch 12,000 low Earth orbit satellites. SpaceX has filed to launch 42,000 more. Future approvals will be needed, considering that more than 9,000 Starlink satellites are already in orbit.
Just how fast will SpaceX launch additional satellites? One major upcoming catalyst will determine the pace of launches.
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This is how many satellites SpaceX will launch in 2026 SpaceX continues to launch more Starlink satellites regularly. On June 20, the company launched 24 more satellites on a Falcon 9 rocket from Vandenberg Space Force Base in California. Four days later, it launched another 24 satellites.
Halfway through 2026, SpaceX has already launched more than 1,500 satellites. In total, SpaceX has launched more satellites into space than any other company in history.
Image source: Getty Images.
At this pace, SpaceX should deploy roughly 3,000 satellites into space this year, perhaps more if the company's IPO funding helps accelerate launch cadence.
The biggest catalyst for growth, however, will be the company's Starship megarocket. A single Starship can launch the equivalent of roughly 600 v2 Starlink satellites -- more than 20 times what Falcon 9 rockets can manage.
SpaceX's Starship megarocket has completed several key testing phases. But some experts don't expect it to be commercialized until 2027. When Starship launches, it will scale; however, SpaceX will deploy a huge number of additional satellites -- many times more than in its previous launches.
Ryan Vanzo 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.
What do hedge funds see in Amazon (AMZN +2.44%) right now? The answer is likely "value." Large funds, including Bill Ackman's Pershing Square and Appaloosa Management, have reportedly increased their positions in Amazon. Their underlying thesis is that Amazon is undervalued relative to other artificial intelligence and cloud computing companies.
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More pure-play or native AI and cloud computing businesses, such as Nvidia (NVDA 1.42%) and Intel (INTC 3.20%), have seen their valuations become so inflated that it can be hard to justify their prices. Nvidia trades at 18 times trailing sales and Intel commands a 12x price-to-sales ratio nowadays.
Amazon is an e-commerce platform that also owns Amazon Web Services, and that hybrid structure is what has the company trading at more reasonable multiples. Amazon's P/S ratio? A modest 3.4x.
Image source: The Motley Fool.
Amazon's stock is relatively flat in 2026 and up just over 7% in the past 12 months as of this writing. Its forward and trailing P/E ratios are hovering around 30. The stock is currently trading at less than 4 times sales.
As is the trend with AI-related companies, Amazon's biggest risk is its heavy AI capex. Amazon anticipates spending around $200 billion on AI infrastructure this year alone. Competition in the space is fierce, but Amazon has a strong, diversified business that truly gives it a leg up. It's understandable why hedge funds would be loading up on shares. If you can stomach the heavy spending on AI, then Amazon is one of the better-priced stocks in the space.
Catie Hogan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Intel, and Nvidia. The Motley Fool has a disclosure policy.
Quantum computing is still in its early innings, but if the technology reaches the potential that some see for it, the industry could mint many millionaires among its investors. Grand View Research projects that the quantum computing market will grow at a 22.3% compound annual rate through 2033, and Infleqtion (INFQ +6.57%) may be one of the best ways to get exposure to this opportunity.
Its partnership with Nvidia shows that Infleqtion is a serious player Like most quantum computing pure plays, Infleqtion doesn't have much revenue to support its multibillion-dollar market cap. The company's top line was only $9.5 million in the first quarter, and it booked more than $30 million in net losses.
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The company is developing quantum computers that should be able to solve highly complex problems that classical computers can't. Infleqtion has partnered with Nvidia (NVDA 1.42%) to integrate its neutral-atom quantum processing units with the tech giant's hardware and software, with the goal of driving the next era of high-performance computing.
That partnership strengthens Infleqtion's reputation while also giving it access to more talent and capital. The combined technology will also be more convenient for AI data center operators to make use of, since it bridges quantum computing technology with the GPUs they already use, and therefore won't require a major overhaul.
In other words, it will be easier to integrate Infleqtion's offerings into established AI infrastructure than the technologies of many of its competitors.
The development of quantum computing is accelerating It's not just tech companies that are spearheading the push to quantum computing with investments and initiatives. The Trump administration recently issued an executive order for the government to develop policies that could accelerate quantum computing development in America.
"The United States must take a cohesive, whole-of-government approach to accelerate deployment and commercialization of quantum computing, sensing, and networking," President Donald Trump wrote.
Infleqtion already has a good relationship with the government. It was recently selected by the U.S. Department of Commerce for $100 million in proposed funding to advance quantum computing. As Washington ramps up its investments in the technology, there is a good chance more of that capital will flow into Infleqtion's coffers. The day after Trump's announcement, French President Emmanuel Macron announced that France would make similar investments in that nation's quantum computing efforts. Clearly, the quantum race is starting to heat up.
"Infleqtion has one of the industry's broadest quantum technology portfolios, spanning quantum computing, advanced sensing, and space-based quantum systems," the company said in a press release that covered the executive order.
Quantum computing will have many applications, and it's even expected to be part of the space economy. Infleqtion is one of the early leaders on that front: It was a key contributor to the launch of America's Quantum Space Initiative. That private sector initiative is designed to "help advance the development and deployment of quantum technologies for future space systems."
Infleqtion may still be burning through cash, but it's in the right business at the right time. Government funding and an Nvidia partnership are just two of the catalysts that could help Infleqtion gain market share rapidly once it can develop its quantum computing technology to the point where it can be commercialized.
Picture a nuclear power plant, with its hourglass cooling towers, its domed reactor buildings, the box-shaped buildings with control rooms and backup pumps, and the atomic trefoils on doors and fences surrounding the perimeter.
Image source: Getty Images.
That's quite a lot to fit into your head. Now imagine this power plant, about 800 or so acres, condensed into a box that can fit inside a shipping container. That is the kind of microreactor that Nano Nuclear Energy (NNE 3.78%) is trying to get certified.
It's a radical idea, with far-reaching implications. A reactor of that size could fit close to data centers, where electricity generated from the reactor could give life to artificial intelligence (AI) around the clock. These reactors could also be shipped to military zones, Arctic research facilities, mining camps, even underwater and into space -- two extreme environments that Nano really does hope to power.
Nano Nuclear stock currently trades at around $20 a share, with a market cap of $1 billion. A hundredfold gain in the stock, which would turn $1,000 into $100,000, would raise its market valuation to $100 billion.
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Bank of America (BAC 0.53%) recently declared nuclear energy "the answer to the world's power shortage," citing a $10 trillion potential market opportunity. The opportunity for Nano, in short, is there.
Nano's reactor potential is enormous (or small, depending on how you look at it), but its present reality is more sobering. The company lacks certification to deploy reactors commercially. It doesn't have meaningful revenue now, and in two years, its revenue likely won't be much more encouraging.
NNE Revenue (TTM) data by YCharts.
For those who can stay invested over the long run -- think, a decade or so -- the upside on Nano could be enormous.
However, plenty of execution risks remain, the foremost being obtaining licensing. Additionally, Nano Nuclear must achieve commercial success, which will be contingent on the widespread adoption of microreactor technology. These are tall conditions, but for aggressive growth stock investors, Nano could be a rewarding nuclear play on AI power.
Bank of America is an advertising partner of Motley Fool Money. Steven Porrello has positions in Nano Nuclear Energy. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Key Takeaways Q2 Earnings for the S&P 500 Projected Up 23.7%Revenue Growth for the Quarter Currently Up 11.4%Full-Year 2026 Growth Trends Even Stronger Than Q2 Total S&P 500 earnings are expected to increase by +23.7% in the June quarter from the same period last year, on +11.4% higher revenues.
The chart below shows the Q2 earnings and revenue growth expectations in the context of where growth has been in the preceding four quarters and what is expected in the coming three quarters:
Image Source: Zacks Investment Research
The revisions trend remains positive, as we have experienced in the last two quarters as well. Aggregate earnings estimates for the S&P 500 index have steadily moved higher since the quarter got underway in April, as the chart below shows:
Image Source: Zacks Investment Research
Q2 earnings estimates have increased for 5 of the 16 Zacks sectors since the quarter got underway, which offset negative revisions at the remaining 11 sectors.
The Energy sector has enjoyed the most obvious earnings outlook upgrade, with aggregate earnings estimates for the sector up more than +90% since the start of April. Earnings for the Zacks Energy sector are currently expected to increase by +126.9% from the year-earlier period. Other sectors enjoying favorable estimate revisions include Tech, Basic Materials, Utilities and Business Services.
Excluding the positive revisions to either the Energy or Tech sectors, the aggregate Q2 revisions trend would have been negative.
Of the 11 sectors whose estimates have been under pressure since the start of April, the ones experiencing the most negative revisions are Transportation, Medical, Consumer Discretionary, Autos and Construction.
The chart below shows the overall earnings picture on a calendar-year basis:
Image Source: Zacks Investment Research
The revisions trend for full-year 2026 is even more positive than we noted in the case of Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March. The Energy, Tech and Basic Materials sectors are the most notable beneficiaries of an improving earnings outlook, but estimates have increased across the board.
The sectors that have suffered negative estimate revisions since the start of March are Transportation, Autos, Consumer Discretionary, Consumer Staples and Medical.
The chart below shows how full-year 2026 aggregate earnings estimates have evolved over the past year:
Image Source: Zacks Investment Research
2026 Q2 Earnings Season Scorecard
The Q2 earnings season will really get going when JPMorgan (JPM - Free Report) and other major banks come out with their quarterly results on July 14th. But officially, the Q2 reporting cycle has already started, as companies with fiscal quarters ending in May have been reporting quarterly results in recent days, and those fiscal May-quarter reports get counted as part of the June-quarter tally.
Through Friday, June 26th, we have seen such fiscal May-quarter results from 13 S&P 500 members, including bellwether companies like Micron Technologies (MU - Free Report) , FedEx (FDX - Free Report) and others. We have another four S&P 500 companies with fiscal quarters ending in May on deck to report results this week, including Nike (NKE - Free Report) , Constellation Brands (STZ - Free Report) and others.
Total earnings for these 13 companies are up +179.5% from the same period last year on +29.5% higher revenues, with 84.6% beating EPS estimates and 69.2% beating revenue estimates.
The comparison charts below put the growth rates for the companies that have reported with what we had seen from this same group of companies in other recent periods:
Image Source: Zacks Investment Research
The comparison charts below put the Q1 EPS and revenue beats percentages for this group of companies relative to what we had seen from them in other recent periods:
Image Source: Zacks Investment Research
For a detailed look at the overall earnings picture, including expectations for the coming periods, please check out our weekly Earnings Trends report >>>> 2026 Q2 Earnings Season Preview: What to Expect
Jamie Dimon speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Getty Images for The New York Times Last week, JPMorgan Chase startled Wall Street with an abrupt disclosure that two of its senior bankers — Troy Rohrbaugh and Doug Petno — had been named co-presidents, setting up what looks like a definitive horse race to replace 70-year-old Jamie Dimon.
The announcement is indicative of interesting developments inside the House of Dimon even if there’s nothing definitive about this bake-off.
First, despite Dimon’s embrace of constructs like DEI over the years, the place is at bottom a meritocracy.
The spinout of JPM is that Rohrbaugh and Petno were chosen after a long and deliberate board decision. That left no room for Marianne Lake, the perceived front-runner for Dimon’s job and one of the highest ranking women on Wall Street.
She had been running a unit — consumer and community banking — nearly as big and complex as the other guys’. Rohrbaugh took her slot. Thursday, 56-year-old Lake “retired,” declining to supply a comment for the press release that announced the big reshuffle.
Based on my reporting, it hasn’t gone unnoticed inside the top echelons of JPM that two white dudes were chosen to succeed Dimon over a glass-ceiling-busting woman. Dimon was once fixated on constructs like Diversity Equity and Inclusion, so much so that his bank kept touting its benefits well after the Trump administration and the Supreme Court began reminding big companies that doling out jobs based on race or gender is unconstitutional.
But the year is 2026 and times are a-changing. Lake wasn’t happy with last week’s reshuffle, I am told, and I can understand why: She is a good executive, well-liked and smart. The DEI-obsessed business media anointed her as Dimon’s successor, but it was her performance that earned her a place at the top of JPM — though maybe not at the very top.
Dimon and his board are getting the message that the country has moved well past the time when race and gender should matter more than your record of achievement.
Still, the future of JPM remains murky — and don’t be surprised if a woman eventually makes it to the top of the bank. The spin is that Rohrbaugh and Petno are the heir apparents to Dimon, who is expected to relinquish the CEO spot in about three years and remain as executive chairman of the bank for years after that.
Solid records To be sure, Rohrbaugh’s and Petno’s records have been solid. You don’t read much lately about big trading losses or scandals, and JPM always seems to be in the middle of the most high-profile IPOs (see SpaceX). What is needed is competence, and by all accounts both Rohrbaugh, a former options trader, and Petno, an investment banker by training, have that in spades.
But somehow, I can’t see either of them being the second coming of Dimon, one of corporate America’s most voluble leaders. That Rohrbaugh and Petno could conceivably be running the nation’s largest bank — taking over for a CEO who defined American finance for decades — is a little shocking. They are not exactly household names, as Dimon was even when he worked with Sandy Weill creating Citigroup long before becoming Chase CEO in 2006. That alone is enough to make me and others who follow this stuff entertain some doubts about whether either of them actually will.
Also, I’ve seen this act before. There have been too many would-be successors to Dimon to count, only to see them ushered out of JPM’s Midtown HQ when Dimon grew tired of their quirks and questioned their abilities.
It was an especially weird case of déjà vu for those of us who were around in 2021, recalling how Dimon had staged a strikingly similar race — only that time with two top female bankers, Jennifer Piepszak and Lake.
Piepszak took herself out of the race early last year, saying she didn’t want the top job.
So what does last week’s decidedly odd news add up to? From my perspective, things could get even weirder — that is to say, there’s a better-than-even chance Dimon and JPMorgan’s board will ditch these two dudes for yet somebody else to lead the bank. There’s also a chance that somebody could turn out to be a woman.
I also couldn’t help but notice that in last week’s management shakeup, Mary Erdoes, the long-time head of the JPM asset and wealth management division, is sticking around. So is Piepszak, Dimon’s chief operating officer. Both of them received $20 million so-called retention awards.
Erdoes, it was noted to me, operates one of the most important and public-facing businesses in the company; she brings a degree of Dimonesque swagger to the job.
She’s had some miscues. She didn’t cut off ties with Jeffrey Epstein fast enough, some critics say, although she wasn’t alone in that regard. But Dimon knows talent. That’s why he’s paying big bucks to keep both her and Piepszak onboard — and possibly to reopen the race to succeed him.
Charles Schwab’s (NYSE:SCHW | SCHW Price Prediction) most recent 401(k) Participant Survey put the retirement ‘magic number’ at $1.6 million in 2025, down from $1.8 million in 2024. For years, Americans have given pollsters some version of that same answer. The number is meant to represent a comfortable retirement: enough to cover housing, healthcare, travel, and the gap left by Social Security. The real problem is the distance between that target and what the typical saver has actually accumulated. That gap is the whole story.
What the Average Account Actually Holds Fidelity’s Q4 2025 retirement analysis, which tracks more than 53 million IRA, 401(k), and 403(b) accounts, pegged the average 401(k) balance at $146,400 and the average IRA at $137,095. Those numbers point to another strong year for balances, but the averages only tell part of the story.
The averages are misleading on their own. A mean balance gets pulled upward by a small group of high earners with decades of compounding. The median, the balance at which half of savers have more and half have less, is the more accurate read of a typical American’s position. Vanguard’s How America Saves 2025 report tracks both, and the gap between the two is wide at every age.
Median 401(k) Balances by Age Looking at Vanguard’s 2024 participant data, the median balances tell a different story than the headline averages:
Under 25: median $12,479, average $15,559 25–34: median $36,110, average $43,149 35–44: median $84,156, average $95,057 45–54: median $151,890, average $164,663 55–64: median $205,341, average $217,851 65 and older: median $184,142, average $194,654 The median saver in the 55–64 bracket, the group closest to actually using the money, is sitting on roughly one-eighth of the $1.6 million figure. That is the population with a Vanguard account in the first place. Workers without access to a workplace plan, or those who never enrolled, are not included in this table.
Why the Gap Has Been Hard to Close The savings math has gotten harder. The personal savings rate has fallen from 6.2% in the first quarter of 2024 to 3.7% in the first quarter of 2026, even as per capita disposable income rose from $63,638 to $68,391. Disposable income grew, but consumption grew faster. Inflation is part of the explanation, while the Consumer Price Index reached 333.979 in May 2026, and real average hourly earnings slipped to $11.24 in May 2026 from $11.32 a year earlier.
Median weekly earnings for full-time workers were $1,235 in the first quarter of 2026, which, annualized, amounts to roughly $64,000 per year. The current total 401(k) savings rate stands at 14.2%, with employees contributing 9.5% and employers adding 4.7%. The participants who actually hit meaningful savings targets, however, look quite different from these averages. Those who have contributed continuously for 15 years had an average balance of $613,200, while five-year continuous savers averaged $304,200. Staying invested through a full market cycle ultimately changes the outcome far more than any single contribution decision ever could.
What the Numbers Suggest For savers trying to close the distance, the contribution ceilings are the most direct lever. The 2026 employee 401(k) limit is $24,500, with a $8,000 catch-up for ages 50–59 and 64+ and a $11,250 super catch-up for ages 60–63. Additionally, the IRA contribution limit is $7,500, with a $1,100 catch-up. Fidelity’s guideline is to save 15% of pre-tax income and accumulate 10 times one’s salary by age 67.
The big takeaway is that the $1.6 million target is not arbitrary. Applied to a 4% withdrawal rate, it produces roughly $64,000 of annual income, close to the current median full-time wage. Most savers are not on a trajectory to reach it on personal accounts alone, which is why Social Security still matters: the average retired worker currently receives about 40% of preretirement income from the program. The gap between the magic number and median balances documents where the typical American household sits right now, and the people who hit the target are almost always the ones who never stopped contributing.
Accenture (ACN +2.52%) opened 2026 at roughly $259 per share. As of this week, it trades near $125 -- a decline of more than 50% from that high. A company of Accenture's scale and longevity doesn't move like that without something real happening. Forces combined to create what may be the most severe correction in its history as a public company, and understanding each one separately matters for investors trying to figure out whether this is a business in structural decline or a franchise temporarily overwhelmed by external forces.
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DOGE did real damage In March 2025, CEO Julie Sweet was among the first corporate executives to publicly acknowledge the impact of DOGE on federal procurement. New government contracts had slowed significantly, and existing agreements were being reviewed for termination. Accenture's Federal Services unit represented roughly 8% of global revenue and 16% of Americas revenue -- a manageable slice on paper, but the signal it sent about the vulnerability of consulting contracts across the industry was what the market repriced.
By the time Q2 fiscal 2026 results landed, Accenture was guiding for a 1% drag on full-year growth from federal exposure and explicitly carving out a separate growth figure "excluding U.S. federal impact" to show investors what the rest of the business looked like. That framing was an admission that the federal wound needed to be managed separately from the core business narrative.
Image source: Getty Images.
The AI cannibalization fear The second force is more philosophical but equally powerful: Investors began pricing in the possibility that agentic AI could automate a significant portion of what Accenture's 700,000-person workforce does. When Anthropic released new enterprise AI tools in Feb. 2026, ACN stock fell alongside other IT services names even without any company-specific news. That is a sentiment-driven repricing, not a fundamentals-driven one, but sentiment moves stocks first, and fundamentals catch up later.
What the business is doing Here is where the story gets more complicated for bears. In Q2 fiscal 2026, Accenture posted record new bookings of $22.1 billion -- including a record 41 clients with quarterly bookings above $100 million. In Q3, it posted $18.7 billion in revenue up 6%, free cash flow of $3.6 billion, and returned $2.2 billion to shareholders through buybacks and dividends. The company has 104 large deals of $100 million or more year to date, up 13%. It recently partnered with OpenAI and Anthropic to become an enterprise AI deployment layer. These are precisely the firms whose tools investors fear will replace it. That's either cognitive dissonance or a company that understands the transition is happening and has chosen to lead it rather than resist it.
Accenture isn't out of the woods. But a company generating $3.6 billion in free cash flow per quarter, returning capital to shareholders, and booking record AI deals isn't falling apart -- it's digesting a painful transition at a valuation that already prices in most of the bad news.
Micah Zimmerman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Accenture Plc. The Motley Fool recommends the following options: long January 2028 $260 calls on Accenture Plc and short January 2028 $280 calls on Accenture Plc. The Motley Fool has a disclosure policy.
New York, New York--(Newsfile Corp. - June 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Roblox Corporation (NYSE: RBLX) between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), of the important August 7, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Roblox common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Roblox class action, go to https://rosenlegal.com/cases/roblox-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Roblox's organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates as enrollment in the age verification rollout would quickly taper, compounding the resulting slowdown in on-platform communication, resulting in app store rating reductions and a swift reduction in organic growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Roblox class action, go to https://rosenlegal.com/cases/roblox-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
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Utility bills are among the few expenses retirees never truly escape. The lights stay on, the water keeps running, the internet remains connected, and the phone still needs a signal. For many households, those essentials add up to roughly $400 per month, or about $4,800 per year. The question is simple: how much capital would it take to make those bills someone else’s problem forever?
The bills that never stop arriving Retirement strips out a lot of expenses. Commuting fades, payroll taxes vanish, and 401(k) contributions stop. The utility envelope does not. Electric, water and sewer, broadband, and wireless keep arriving every 30 days for the next 20 or 30 years. Housing services, which include utilities, grew from $3,741.8B in January 2025 to $3,930.7B by April 2026, and the CPI climbed from 321.4 last June to almost 334 in May 2026. Fixed-income retirees got a 2.8% Social Security COLA for 2026, which rarely keeps pace with energy and broadband inflation.
Capital required at four yield levels The math is one equation: $4,800 divided by your yield equals the capital you need.
3.5% yield: $4,800 / 0.035 = roughly $137,000. Think Dividend Aristocrats and blue-chip pharma. Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) just declared its $1.34 quarterly dividend, the 64th straight year of increases, currently yielding about 2.2%. Dividend growth does the heavy lifting here. 5% yield: $4,800 / 0.05 = $96,000. Net-lease REITs, regulated utilities at the upper end, and preferred shares. Realty Income (NYSE:O) pays $0.2705 monthly for a yield near 5.2%, and Duke Energy yields about 3.4% with 5–7% long-term EPS growth. 7% yield: $4,800 / 0.07 ≈ $68,600. High-dividend telecom, covered-call equity funds, and select preferreds. Verizon (NYSE:VZ) pays $0.7075 quarterly and yields nearly 6%. Growth slows, but the cash is heavy. 10% yield: $4,800 / 0.10 = $48,000. Business development companies, mortgage REITs, leveraged covered-call funds, and other high-income vehicles live here. Ares Capital (NASDAQ:ARCC) pays $0.48 a quarter for a yield around 10%. The tradeoff is that higher yields often come with greater risks, including distribution cuts, credit losses, and periods of principal volatility that can offset years of income. The Portfolio A vs Portfolio B problem This is where the high-yield instinct misleads people. Portfolio A starts at a 3.5% yield with 7% annual dividend growth. Portfolio B starts at 10% with no growth. Both produce $4,800 in year one. Portfolio A throws off about $9,400 in year 10 and roughly $18,600 in year 20. Portfolio B is still paying $4,800, and inflation has already cut its real value almost in half. NextEra Energy illustrates the growth path: a 2.7% yield paired with guidance for roughly 10% dividend growth through 2026.
What happens when utilities are already paid Imagine the power, water, internet, and phone bills hitting your account on Monday and a dividend deposit arriving on Tuesday. The money never has to come from Social Security, a pension, or a portfolio withdrawal. The bills simply pay themselves. The $4,800 that would have left your retirement accounts stays invested, funds travel, supports charitable giving, or covers the next recurring expense on your list. Stack that with covered Medicare premiums, then property taxes, then gasoline, and Social Security suddenly looks much larger. Financial independence is often less about replacing an entire paycheck than eliminating one permanent bill at a time.
When this is the wrong priority A utility-income sleeve is not the right first move for everyone. Paying off credit card debt at 22% beats any dividend yield available. An emergency fund covering six months of spending comes before a $48,000 BDC position. Investors in their late 80s with limited assets are better served by Treasuries yielding about 4.5% than by equity risk. And anyone with under $50,000 invested should focus on broad accumulation first.
Three things to do this week Pull your last 12 utility bills and confirm the real target. Many retirees discover the number is closer to $350 than $400, which lowers the capital requirement meaningfully. Compare 10-year total returns of a dividend-growth holding like JNJ or NEE against a flat 10% payer. The compounding gap is the entire argument for the conservative tier. Model after-tax income, not just the yield. BDC distributions are generally taxed as ordinary income, while qualified dividends from companies such as JNJ or DUK receive preferential tax treatment. In a taxable account, a lower-yielding dividend-growth portfolio can sometimes leave more spendable cash than a higher-yielding alternative once taxes are factored in.
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against ZoomInfo Technologies Inc. (“ZoomInfo” or “the Company”) (NASDAQ: GTM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between November 3, 2025 and May 11, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 24, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. ZoomInfo led investors to believe that it was enjoying growth in both legacy products and AI-driven innovations. The Company’s growth plan did not mirror the reality of weakening demand. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about ZoomInfo, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Digital collectibles on Telegram seems to be in trend. Today, Telegram founder Pavel Durov recently purchased Plush Pepe for 7,500 GRAM on The Open Network before transferring the NFT to Adler Toberg, a designer closely associated with Telegram’s interface and gift ecosystem.
The move immediately caught attention across the TON community, not because of the price tag alone, but because it marks Durov’s third confirmed purchase of a TON collectible in just over six months.
Durov Keeps Returning To TON CollectiblesHis first known collectible purchase arrived in December 2025 with another Plush Pepe acquisition. A month later, he added a Telegram Gift NFT to the collection.
Three purchases in half a year may not sound dramatic in crypto terms. Yet for Telegram’s founder, the pattern suggests something more deliberate than occasional experimentation.
The message is subtle but difficult to ignore: Telegram’s collectible ecosystem appears to have personal engagement from the very top.
TON Infrastructure Keeps Moving FasterThe purchases also arrive as TON development accelerates rapidly. A recent protocol upgrade reportedly made the network ten times faster, pushing transaction finality into sub-second territory. Meanwhile, projects such as GOAT Gaming’s Underground Pepe have expanded Plush Pepes beyond collectibles and into active gaming assets with their own rewards economy.
Secondary market demand has followed closely behind. A Telegram username NFT recently changed hands for 500,000 USDT, highlighting growing interest in assets tied directly to Telegram’s ecosystem.
The story took another turn when Durov transferred Plush Pepe to Adler Toberg. Interestingly, the TON community had joked that the NFT would eventually end up with a Telegram employee as a workplace bonus. The joke landed surprisingly close to reality.
Within Telegram’s growing digital economy, collectibles increasingly appear to function as social currency, community markers, and signals of contribution.
For now, Plush Pepe may simply be another NFT transfer. But inside Telegram’s ecosystem, these assets are beginning to carry meaning far beyond ownership alone.
Story Ends Here
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LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Peabody Energy Corporation (“Peabody” or “the Company”) (NYSE: BTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between October 14, 2024 and May 4, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 24, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Peabody falsely led investors to believe it could reliably predict the ramp-up and growth of its Centurion mine. The Company suffered wide-ranging issues and delays at the Centurion mine. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Peabody investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Data: Morgan Stanley's total Bitcoin holdings exceed 4,700 BTC
PANews June 27 news, according to Arkham monitoring data, Morgan Stanley once again "bought the dip," increasing its holdings by a total of 143.312 BTC through its spot Bitcoin exchange-traded fund MSBT, valued at $8.54 million. As of now, its total Bitcoin holdings have reached 4,784 BTC, worth approximately $293 million.
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According to data from the official @kaspaunchained explorer, Kaspa's Layer 1 blockchain has now processed roughly 2,347,000,000 transactions, placing it among the highest cumulative transaction counts of any major network. The figure represents a dramatic leap in activity for a proof-of-work chain that only launched in November 2021.
Built for Speed on a Proof-of-Work Foundation Kaspa's transaction throughput is underpinned by its blockDAG architecture, which uses the GHOSTDAG consensus protocol to allow parallel block creation rather than the single-block linear approach used by Bitcoin and Ethereum. Following the Crescendo hardfork earlier in 2025, Kaspa's block rate increased from one block per second to ten blocks per second, drastically boosting throughput. Since that upgrade, the network has operated at a steady 10 blocks per second, delivering 100-millisecond block times and sub-7-second finality.
The numbers behind that architecture are hard to ignore. On October 2, 2025, Kaspa set a new world record for proof-of-work throughput by reaching 5,584 transactions per second under real network conditions, surpassing its own previous record of 4,757 TPS achieved just days earlier. These figures were recorded on Kaspa's live mainnet under genuine transaction load, not testnet simulations. On October 5, 2025, the network processed 158,441,966 transactions within a single 24-hour window.
The Valuation Question: $770M Market Cap vs. 2.35 Billion Transactions Kaspa currently holds a live market cap of approximately $770 million, with a circulating supply of around 27.5 billion KAS coins out of a maximum supply of 28.7 billion. That places $KAS in a middle tier of Layer 1 assets by market value, despite its outsized on-chain activity relative to peers.
The supply picture is a key part of the valuation debate. Approximately 95.4% of Kaspa's 28.7 billion maximum supply is already in circulation, with emissions nearing zero by end-2026. New selling pressure primarily comes from miners selling rewards, not token unlocks. That dynamic could reduce dilution risk over time, but it also means the network must attract fresh demand to sustain price levels.
On the protocol side, a significant catalyst is imminent. The upcoming Toccata hard fork marks Kaspa's shift from a payments chain to a programmable Layer 1, introducing native KRC-20 token issuance, covenant programming via the SilverScript compiler, and zero-knowledge verification opcodes. The upgrade is seen as bullish for $KAS because it enables decentralized finance, NFTs, and complex applications to settle directly on Kaspa's secure base layer, potentially driving developer adoption and new utility.
Whether 2.35 billion transactions and an imminent programmability upgrade justify, or undervalue, a $770 million market cap is a question the market is still working through. The on-chain fundamentals are difficult to dismiss. The price action, for now, tells a more cautious story.
SUI Group expanded its lending arrangement with Bluefin by an additional 4 million SUI. The deal brings the outstanding loan to 6 million SUI and matures in September 2028. SUI Group’s revenue share rises to 11%, payable in SUI tokens. Public-Company Links To Defi Liquidity: Why This Story Matters Sui DeFi Receives Boost as SUI Group Lends Additional 4M SUI to Bluefin has become one of the stronger weekend crypto stories because it sits at the intersection of price action, market structure, and the kind of narrative that traders tend to follow closely when the broader news cycle slows down.
The key point is not simply that sUI Group lent an additional 4 million SUI to Bluefin. It is that the development gives the market a fresh way to judge whether the current crypto environment is being driven by genuine network adoption, regulatory progress, liquidity shifts, or short-term speculation.
The Main Details According to the official source material, Sui Group lent an additional 4 million SUI to Bluefin. The report also notes that the total outstanding loan is 6 million SUI.
That distinction matters because crypto markets often move first on headlines and only later separate durable developments from short-lived momentum. In this case, the verified boundaries are especially important: Do not confuse SUI Group with Mysten Labs or Sui Foundation.
Market Context For traders, the story arrives at a moment when crypto assets are still trying to define a clearer direction. Bitcoin remains the anchor for broader sentiment, but altcoin narratives are increasingly being judged on their own fundamentals, including usage, liquidity, compliance, treasury activity, and developer progress.
That makes this development relevant beyond a single token or company. If the underlying trend proves durable, it could help shape how investors evaluate Sui, SUI, Bluefin, DeFi, Liquidity over the coming weeks. If it fades, however, it may become another example of a strong weekend narrative that struggled to translate into sustained market follow-through.
What To Watch Next The next important question is whether the market receives further confirmation from primary sources, dashboards, official announcements, or on-chain data. Follow-up disclosures, exchange data, governance updates, or wallet activity could all help clarify whether this is an isolated headline or the start of a broader theme.
Readers should also watch whether liquidity responds. In crypto, even fundamentally meaningful developments can fail to move prices if traders remain defensive, leverage is being unwound, or capital is rotating into other sectors. That is why this story should be read alongside broader market structure rather than in isolation.
This report is based on information from Sui network data and Mysten Labs documentation.
This article was written by the News Desk and edited by Samuel Rae.
In a crucial Group L match of the 2026 FIFA World Cup, Petar Sučić scored the opening goal for Croatia against Ghana in the 31st minute. The match, held at Lincoln Financial Field in Philadelphia, has significant implications for both teams’ prospects of advancing to the next stage. With this goal, Croatia leads 1-0, altering the dynamics of the game’s prediction markets. Both teams are vying for a spot in the Round of 32, with Croatia currently sitting at 3 points and Ghana at 4 points in the group standings. Sučić, known for his impressive physical performance, continues to be a pivotal figure in Croatia’s midfield strategy.
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Key Takeaways Croatia’s current 1-0 lead appears to decrease the likelihood of a 0-0 final score, resolving some prediction markets to NO for that outcome. Sučić’s goal suggests potential changes in market pricing for scenarios involving Croatia’s advancement in the World Cup. The match’s outcome remains crucial for determining both teams’ chances of advancing in the tournament. What to Watch Observers will be keenly watching for any further scoring that could impact the prediction markets for the exact score. The match result will influence Croatia’s and Ghana’s positions in Group L and their potential advancement to the Round of 32. Further goals by either team could reshape market expectations and participant confidence in various outcome scenarios.
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Fifwc Hrv Gha 2026 06 27 Exact Score
Contract Odds Δ since publish Volume 24h June 27 1% — — View market → World Cup Group L Winner
Did you buy VRRM common stock between February 24, 2026 and May 26, 2026?
Affected VRRM Investor Summary
Who: Verra Mobility Corporation (NASDAQ: VRRM)What: Securities fraud class action lawsuit filedClass Period: February 24, 2026 through May 26, 2026Deadline to Seek Lead Plaintiff Status: August 4, 2026Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s continued growth in its Commercial Services business and contract with Avis Budget Group.Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options RADNOR, Pa., June 27, 2026 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Verra Mobility Corporation (Verra) (NASDAQ: VRRM) on behalf of those who purchased or acquired Verra common stock between February 24, 2026 and May 26, 2026, inclusive. The lawsuit is filed in the United States District Court for the District of Arizona and is captioned Otucu v. Verra Mobility Corporation, Case No.2:26-cv-03973 (D. Ariz.). Investors have until August 4, 2026, to file for lead plaintiff status.
CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Verra common stock and have lost money on your investment, you are encouraged to contact KTMC attorney Jonathan Naji, Esq. at:
There is no cost or obligation to speak with an attorney.
VERRA MOBILITY CORPORATION CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Verra’s optimistic plan for continued growth in its Commercial Services business was dependent on its relationship with Avis, and in particular obtaining a contract extension with Avis Budget Group; (2) Verra minimized concerns that major rent-a-car customers could replace Verra with in-house solutions or outsourced alternatives, making Verra’s 2026 full year guidance increasingly unlikely to be met; and (3) as a result, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Why did Verra’s Stock Drop?
On May 26, 2026, Verra disclosed that the company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra further disclosed that it “expects the termination to reduce Commercial Services’ 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives.” Verra accordingly lowered its full year 2026 financial outlook. On this news, Verra’s stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.
On June 1, 2026, Verra announced that its President and Chief Executive Officer had been terminated as “the Board determined that a change in leadership [was] needed[.]”
WHAT VRRM INVESTORS CAN DO NOW:
File to be lead plaintiff by August 4, 2026.Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.Retain counsel of choice or take no action. THE LEAD PLAINTIFF PROCESS FOR VERRA MOBILITY CORPORATION INVESTORS:
Verra investors may, no later than August 4, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Verra investors to contact the firm for more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. The complaint in this matter was not filed by KTMC.
CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087 [email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the “Class Period”), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Calix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
MP Materials (MP 3.09%) provides essential elements for electric vehicles and defense technology, while Sherwin-Williams (SHW +1.47%)dominates the architectural and industrial coatings market. It’s a choice between the high-growth potential of critical mineral security and the steady cash flows of a global paint leader.
This comparison explores whether a speculative play on domestic supply chains or a proven dividend payer is the better buy for your portfolio.
The case for MP MaterialsMP Materials focuses on the full lifecycle of rare-earth elements, from mining at its California site to processing and magnet manufacturing in Texas. The company already has a list of high-profile customers waiting to buy its magnets, including General Motors (GM 0.55%), Apple (AAPL +3.37%), and the U.S. Department of Defense (rebranded as the Department of War).
In FY 2025, revenue grew 35% to $275.5 million, but MP Materials still reported a net loss of nearly $85.9 million as it continues to invest in scaling its complex separation and magnet manufacturing facilities to align with domestic supply chain goals.
As of its December 2025 balance sheet, the debt-to-equity ratio, which measures total debt relative to shareholder equity, is approximately 0.4x. The current ratio, a measure of how easily a company can pay its short-term debts with its short-term assets, stands at a robust 7.2x. Free cash flow, which is the cash remaining after a company pays for its capital expenditures, was negative $328.1 million in 2025.
The case for Sherwin-WilliamsSherwin-Williams operates a massive network of nearly 4,900 company-owned stores, selling paints and coatings to professional contractors and DIY customers. Its business is highly diversified across its Paint Stores, Consumer Brands, and Performance Coatings segments. No single customer accounts for more than 10% of total sales, providing a stable foundation for its global distribution logistics and freight partnerships.
In FY 2025, revenue grew around 2% to $23.6 billion. The company remains highly profitable, ending the year with a net income of $2.6 billion. While sales growth has been modest, a net margin of nearly 10.9% indicates the company is effective at turning its multi-billion dollar revenue into actual profit.
As of its December 2025 balance sheet, the debt-to-equity ratio is roughly 3.2x. This ratio indicates that total liabilities are significantly higher than shareholder equity. The current ratio stands at approximately 0.9x, while free cash flow reached nearly $2.7 billion. This substantial cash generation allows the company to fund dividends and integrate acquisitions even while carrying a higher debt load.
Risk profile comparisonFurthermore, the global rare earth market is dominated by Chinese competitors who benefit from state-sponsored advantages and the ability to disrupt supply chains. MP Materials also faces risks related to its reliance on the U.S. Department of War agreements and its ability to meet production targets at its 10X Facility. The company recently filed a lawsuit against USA Rare Earth (USAR 0.92%) over proprietary technology, accusing it of poaching employees and obtaining sensitive technology information.
Sherwin-Williams is currently navigating a class-action lawsuit in California regarding alleged labor law violations, which could result in financial liabilities. The company must also manage the integration of large acquisitions like Suvinil in Brazil and handle volatility in raw material costs driven by energy prices. Because its sales are tied to the housing and construction sectors, elevated interest rates and inflation could continue to dampen demand for its products.
Valuation comparisonSherwin-Williams offers a valuation much closer to the broader market average, while MP Materials trades at a significant premium based on future earnings estimates.
MetricMP MaterialsSherwin-WilliamsSector BenchmarkForward P/E260.9x27.4x26.3xP/S ratio39.2x3.4xn/aSector benchmark uses the SPDR XLB sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?Sherwin-Williams is a 160-year-old company with a massive footprint in the paints and coatings industry. It owns more than 5,000 stores and branches, and its namesake brand is among the most popular in the industry.
It’s a slow-growth business by nature, but Sherwin-Williams has grown its sales at an annualized rate of 5% and adjusted earnings per share at an annualized rate of 6.9% over the past five years. Because Sherwin-Williams enjoys strong pricing power and can often pass higher costs on to consumers, it generates strong margins and has raised its dividend for 47 consecutive years.
MP Materials, on the other hand, is a young company founded in 2017. It has, however, positioned itself as a national security asset thanks to its rare-earth operations. Rare earths are critical elements for various industries, including semiconductors, electronics, electric vehicles, renewable energy technology, defense systems, lasers, and medical devices. Under the leadership of President Donald Trump, the U.S. government is making major moves to boost the rare-earth industry and reduce reliance on China.
MP Materials’ Mountain Pass is the largest rare-earth mine in the U.S. The U.S. government owns a 15% stake in the company and has committed to buying all the rare-earth magnets produced at the 10X facility for 10 years at a set floor price. MP Materials also has other collaborations with the government and contracts with some big companies like Apple. The company is setting itself up as a rare-earth ore-to-magnet giant and growing production and revenues.
If I were to buy one stock today, I’d invest in MP Materials simply because of the significance of rare earths and the industry’s growth potential under the Trump administration. MP Materials stock has already run a lot, but it still has the potential to deliver explosive returns that a mature, established player like Sherwin-Williams rarely can.
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the "Class Period"), of the important August 3, 2026 lead plaintiff deadline.
So what: If you purchased Badger Meter common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements concerning the drivers of Badger Meter's "record" financial results, demand for Badger Meter's products, and its prospects for continued growth. During the Class Period, defendants told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They likewise touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.
According to the lawsuit, these statements were materially false and misleading. In truth, Badger Meter's financial results during the Class Period were at least partially attributable to Badger Meter's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results Badger Meter later reported. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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In This Article What Kalshi Actually Is and Why the Structure MattersThe Growth Numbers and the World Cup CatalystBull Case, Base Case, Bear Case on the Valuation Kalshi is in talks to raise fresh capital at a $40Bn valuation, according to a Financial Times report, nearly double the $22Bn price tag attached to its Series F round just weeks earlier in May 2026.
That $40Bn figure is nearly triple the $15Bn that rival Polymarket is reportedly targeting. The central tension this story forces onto the table is that a valuation that has moved roughly 20x in twelve months deserves more scrutiny than a funding press release typically gets.
The ongoing regulatory scrutiny of prediction markets is dominating the discussion around the Kalshi IPO, and until the situation is resolved, it is unlikely to become a publicly traded company.
What Kalshi Actually Is and Why the Structure Matters Kalshi is not a crypto exchange or a sportsbook. It is a federally regulated event-contracts exchange, operating under the oversight of the US Commodity Futures Trading Commission.
Think of it as a stock exchange, except instead of shares in Apple, users trade binary contracts on the probability of real-world outcomes: whether the Federal Reserve raises rates, which party wins a Senate seat, or who advances in a tournament bracket.
That CFTC license is the structural asset that separates Kalshi from Polymarket, which runs on blockchain infrastructure, settles positions in cryptocurrency, and operates without US regulatory approval.
Polymarket is faster and more internationally accessible, but it cannot credibly pitch itself to institutional allocators who require regulated counterparties. That credibility gap is the direct cause of the $25Bn spread between the two companies’ current fundraising targets.
Co-founders Tarek Mansour, a former trader at Citadel Securities, and Luana Lopes Lara, a quantitative finance specialist and MIT classmate, launched Kalshi in 2018 and built the company around precisely this regulatory positioning.
On June 24, Mansour confirmed on CNBC that Kalshi is evaluating a potential IPO, though he said a public listing is unlikely before 2027. IPO speculation around Kalshi has been circulating since earlier this year, but this was the first on-record confirmation from the CEO.
⚡️ @Kalshi is negotiating a funding round at ~$40bn, per the FT, nearly double the $22bn valuation it secured in May.
CEO Tarek Mansour also said an IPO conversation at the company's scale is inevitable, though he ruled out a debut this year.
— Sandmark (@sandmark_news) June 25, 2026
DISCOVER: Best Meme Coin ICOs to Invest in 2026
The Growth Numbers and the World Cup Catalyst Monthly trading volume on Kalshi’s platform recently surpassed $17Bn, up from roughly $5Bn a year earlier, a more-than-threefold increase in twelve months.
Bernstein Research puts Kalshi’s May 2026 monthly volume at $17.9Bn, versus Polymarket’s $7.1Bn, giving Kalshi a 57% market share versus Polymarket’s 22.7%. On an annualized basis, Kalshi’s trading volume reached approximately $178Bn by April 2026.
The World Cup 2026 is a meaningful near-term accelerant. DeFi Rate estimates Americans will trade more than $2.5Bn across prediction markets on the 2026 FIFA World Cup, with $1.47Bn on Kalshi alone under the base-case scenario.
Bernstein has called the tournament a “watershed moment” for the sector. That kind of volume event helps justify momentum-based fundraising conversations, but it also concentrates near-term revenue into a window that ends when the final whistle blows.
Polymarket’s World Cup markets have drawn scrutiny over integrity and liquidity, a dynamic that further sharpens Kalshi’s regulatory differentiation argument.
The May 2026 Series F, a $1Bn round that drew Coatue Management, Sequoia Capital, Andreessen Horowitz, Morgan Stanley, and ARK Invest, valued the company at $22Bn. The current $40Bn target, if it closes in Q3 2026 as reported, would represent a near-doubling in a matter of weeks.
At roughly $2Bn in annualized revenue, that $40Bn figure implies approximately a 20x revenue multiple, a level that Finimize has noted: “prices it more like exchange infrastructure than a consumer app.”
(SOURCE: Kalshi)
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Bull Case, Base Case, Bear Case on the Valuation Bull case: The Supreme Court upholds CFTC pre-emption, Kalshi’s sports contracts survive intact, World Cup 2026 volume pushes monthly figures above $20 billion, and the company executes an IPO at exchange-infrastructure multiples that dwarf the $40Bn private price. The Polymarket gap widens further as institutional capital consolidates around the regulated venue.
Base case: Legal battles drag into 2027 without a definitive ruling, volume moderates post-World Cup, and Kalshi closes the round at or near $40Bn on the strength of its regulatory moat and long-term IPO narrative, but operates in a grey zone where state-level enforcement remains a live risk.
Bear case: A federal court ruling narrows CFTC pre-emption, forcing Kalshi to restrict or restructure sports contracts. Monthly volume drops sharply from its World Cup peak, annualized revenue falls well below $2Bn, and the 20x revenue multiple looks like a venture bet that mis-priced the regulatory outcome.
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Walter Field McLallen, a director of OneSpaWorld Holdings Limited (OSW +3.38%), reported the sale of 10,500 shares of Common Stock in an open-market transaction on June 11, 2026, according to a SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)10,500Transaction value$259,035Post-transaction shares (direct)137,382Post-transaction value (direct ownership)~$3.41 millionTransaction value based on SEC Form 4 weighted average purchase price ($24.67).
Key questionsHow does this transaction compare to McLallen's historical sale patterns?
Since July 2023, McLallen has executed sell transactions averaging approximately 13,524 shares each.What is the impact of this sale on McLallen's ownership position in OneSpaWorld?
The sale reduced McLallen's direct Common Stock holdings by 7%, leaving a post-transaction balance of 137,382 shares.Were any shares disposed of through indirect entities or derivatives in this filing?
No; all 10,500 shares were sold from direct holdings, with no indirect transactions (such as those involving trusts or LLCs) or derivative exercises involved in this event.Company overviewMetricValuePrice (as of market close 6/11/26)$24.67Revenue (TTM)$989.00 millionNet income (TTM)$77.68 million1-year price change37.14%* 1-year performance calculated using June 11th, 2026 as the reference date.
Company snapshotOneSpaWorld offers a comprehensive suite of spa, wellness, fitness, and beauty services, including traditional therapies, medi-spa treatments, and branded retail products, primarily on cruise ships and at premium destination resorts.The firm operates under a service-based business model, generating revenue through direct provision of health and wellness services, product sales, and exclusive brand partnerships within its facilities.It targets cruise line passengers and resort guests seeking premium wellness experiences, with a focus on high-value leisure travelers and vacationers.OneSpaWorld Holdings Limited is a leading global provider of health and wellness services, operating an extensive network across cruise ships and destination resorts. The company leverages exclusive brand partnerships and a broad service portfolio to address the growing demand for premium wellness experiences among leisure travelers. Its scale and integrated offering underpin a strong competitive position within the leisure and hospitality sector.
What this transaction means for investorsMcLallen has been a consistent seller over the past several years, and this transaction falls below his average sale size while leaving him with a sizable stake in the company.
More importantly for long-term investors, OneSpaWorld reported record first-quarter revenue of $247.6 million, up 13% year over year, while net income climbed 40% to $21.3 million and adjusted EBITDA increased 21% to a record $32.2 million. CEO Leonard Fluxman said the company has now delivered 20 consecutive quarters of record revenue and adjusted EBITDA, citing strong execution and continued demand across its cruise ship and resort network. Management also raised its full-year outlook, now expecting as much as $1.034 billion in revenue and up to $139 million in adjusted EBITDA, while highlighting plans to launch operations on six new cruise ships this year.
With shares up 37% over the past year, it's not surprising to see some insiders lock in gains. Still, McLallen retained more than 137,000 shares after the sale, suggesting his interests remain aligned with shareholders. Investors should focus less on this relatively modest disposition and more on whether the hospitality provider can continue translating strong cruise demand into higher earnings, cash flow, and shareholder returns.
Jonathan Ponciano 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.
Memory has become a vital part of the artificial intelligence (AI) boom. That was the big takeaway from Micron's (MU 6.59%) superb results in its fiscal 2026 Q3. However, if you're looking for a growth stock that will 10x from current levels, you don't start with trillion-dollar companies.
Silicon Motion Technology (SIMO 6.14%) is another memory stock that is riding the same tailwinds as Micron, but far fewer people know about that one. Its relative obscurity, combined with strong fundamentals, makes it a candidate for 10x returns. These are the three reasons why.
Image source: Getty Images.
Memory is a parabolic growth opportunity It's important to understand what Micron did in its fiscal 2026 Q3 when evaluating the opportunity Silicon Motion Technology offers. First, we'll talk about Micron. The $1 trillion memory company posted $41.5 billion in revenue, smashing the previous guidance of $33.5 billion. Its results mark a 73.8% sequential revenue jump and more than 4x year-over-year growth.
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Silicon Motion Technology soared by more than 7% in after-hours trading after Micron delivered earnings, and that's because some investors see the connection. Silicon Motion Technology specializes in NAND flash controllers for solid-state storage devices. It serves as a critical piece of the same memory bottleneck that Micron serves. Granted, Micron specializes in high-bandwidth memory chips, but both companies are key parts of the memory industry.
That has also translated into both companies exhibiting meaningful growth rates. However, we started with Micron since Silicon Motion Technology reports its next earnings at the end of July. Micron's earnings are essentially a teaser for what Silicon Motion Technology investors can expect.
Still, the company's last earnings report showed substantial growth. Silicon Motion Technology doubled its revenue year-over-year in Q1, and that includes a 23% sequential increase. Guidance got crushed in this quarter. Leadership only expected $306 million in Q1 revenue at the high point, but ended up with $342 million.
Since Micron crushed its recent guidance, it's easy to expect that Silicon Motion Technology will do the same, suggesting the company reports Q2 revenue of more than $411 million, more than doubling year-over-year sales.
AI is fueling most of Silicon Motion Technology's growth Silicon Motion Technology lists three business segments each time it reports earnings: SSD controller sales, eMMC + UFS controller sales, and Ferri & Boot Drive solutions sales. Those last two segments are more heavily involved in the AI build-out and are putting in the majority of the work.
eMMC + UFS controller sales were up by approximately 30% to 35% sequentially, while the Ferri & Boot Drive solutions segment surged by 205% to 210% sequentially. The current AI boom and Micron numbers suggest that both segments will exhibit meaningful sequential growth when Silicon Motion Technology reports Q2 earnings.
As these parts of the business continue to achieve exceptional quarter-over-quarter growth rates, they will account for a larger share of total revenue and have a stronger influence on overall sales.
This setup implies that Silicon Motion Technology will have accelerated revenue growth in future quarters. It's worth noting that Micron said it has multiyear agreements that will "significantly enhance the durability and predictability of [the company's] strong financial performance."
That tidbit from the Q3 FY26 press release means this isn't just a cycle that's going away. The current memory boom still has multiple years of runway, which positions Silicon Motion Technology to benefit nicely.
Silicon Motion Technology's profit margins should continue to expand While it's easy to focus on top-line growth, Silicon Motion Technology has a compelling opportunity to boost its profit margins. The company closed Q1 with a net profit margin of 19.5%. That's a respectable jump from the company's 17.2% net profit margin in Q4 2025.
In one year, Micron's net profit margin marched from 20.3% to 68.1%.
That's not to say Silicon Motion Technology ends up with a 68.1% net profit margin. However, the company is well positioned to achieve meaningful margin expansion, which investors may not be fully factoring in. Silicon Motion Technology needs a market cap of $110 billion or more to achieve a 10x return. That's a lot more feasible than Micron reaching a $12 trillion valuation.
New York, New York--(Newsfile Corp. - June 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
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-------------------------------
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Source: The Rosen Law Firm PA
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With its historic IPO in the rearview mirror, Space Exploration Technologies (SPCX +0.13%), or SpaceX, turned its attention from rockets and mass drivers to coding tools. Last week, the company announced it will move forward with the $60 billion acquisition of Cursor, which is expected to close in the third quarter.
Cursor is the developer of a popular AI-powered code editor that has seen rapid adoption within the software development community, recently reaching $4 billion in annual recurring revenue. While the revenue is noteworthy, the strategic value to SpaceX goes beyond a new income stream.
Image source: Getty Images.
Closing the loop on compute The most valuable asset SpaceX is acquiring may not be Cursor's coding tools but the data they generate. Cursor brings a large user base of over 50,000 businesses, including nearly two-thirds of the Fortune 500.
Cursor's code editor is deeply integrated into developer workflows, generating data that few other companies can access. The platform doesn't just see the prompts developers use; it also tracks whether they accept, edit, or discard the AI-generated code.
This feedback provides a rich source of data for training and refining agentic models. Through this lens, the acquisition can be viewed as a strategic move to secure proprietary coding data that AI model makers are racing to collect.
This provides SpaceX a firmer footing in the enterprise market, where xAI's Grok Build has struggled to capture market share. In return, the Cursor team gets access to SpaceX's infrastructure and compute power, which has been a critical constraint for its model training.
Building a vertically integrated AI stack The day the deal was made official, Cursor also announced a new 1.5 trillion-parameter Composer coding model, trained from scratch on SpaceX's infrastructure. The model will ship in the coming weeks as part of Cursor and Grok Build, SpaceX's own coding agent. The company also announced plans to launch Origin, a code-hosting platform aimed at taking market share from Microsoft's GitHub.
You can see how this deal aligns with CEO Elon Musk's mission to build a vertically integrated AI stack, from the data center to the application layer. This allows SpaceX to capture more value from its infrastructure investments than simply being a landlord.
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The acquisition carries execution risk, as SpaceX integrates a fast-growing software company into its hardware-centric culture. The initial test is scheduled weeks ahead of the launch of Cursor's new Composer model.
Next, we'll see if it can help improve Grok, the company's own frontier model, enough to stand next to OpenAI's GPT and Anthropic's Claude, the leaders in the frontier race. If Cursor's developer data gets Grok there, Musk gets a seat at the big-boy table. In turn, this makes it far easier to raise the amount of capital needed for its full infrastructure build-out.
SpaceX's listing drew investor attention to the broader space economy, including lunar infrastructure. Intuitive Machines (Nasdaq: LUNR) has emerged as a leading public name in NASA's commercial Moon program, with record revenue and a US$1.1 billion backlog.
, /PRNewswire/ -- American News Group Market Commentary, The public listing of Space Exploration Technologies Corp. (NASDAQ: SPCX) As the most valuable private enterprise in the world arrived on the public market, it reframed the entire space sector as an investable theme — and capital began searching for the listed names attached to each piece of the opportunity. Among the threads that drew fresh attention was one of the most evocative: the return to the Moon. Get our free Orbital Economy Signal Brief for plain-English intelligence on the commercial-space sector, delivered as it moves.
Key Takeaways
The SpaceX IPO reframed space as a public-market theme, and reporting noted a broad rally across space stocks tied to lunar and Moon-base initiatives. Intuitive Machines (Nasdaq: LUNR) reported record Q1 2026 revenue of about US$186.7 million, nearly triple the prior year, with a backlog of about US$1.1 billion. Growth was driven by its US$800 million Lanteris Space Systems acquisition and NASA and U.S. Space Force contracts, including selection for the Andromeda IDIQ with a ceiling reported up to US$6.2 billion. Other listed names spanning lunar and space infrastructure include Voyager Technologies (NYSE: VOYG) and Boeing (NYSE: BA) — each distinct, and neither a proxy for the other. From One Mega-IPO to a Sector-Wide Re-Rating
Reporting around the period noted a rally across space stocks tied to NASA's lunar ambitions and Moon-base planning. SpaceX itself is central to that story — its Starship is integral to NASA's Artemis program — but the lunar economy is being built by a wider set of companies, several of them already public. The one that has moved most decisively into that role is Intuitive Machines.
Intuitive Machines: A Lunar Pioneer Turning Into a Space Prime
Intuitive Machines (Nasdaq: LUNR), based in Houston, first drew headlines as a lunar-lander company — its Nova-C spacecraft became the first U.S. vehicle to soft-land on the Moon since Apollo. But its 2026 story is one of transformation from a single-mission lunar specialist into a vertically integrated, multi-domain space contractor. In the first quarter of 2026, the company reported record revenue of about US$186.7 million — nearly triple the prior-year period — alongside positive adjusted EBITDA of US$2.7 million and a contracted backlog of roughly US$1.1 billion.
The leap was powered by its roughly US$800 million acquisition of Lanteris Space Systems, which broadened the company well beyond landers, plus a run of government awards. Management described a revenue mix split across commercial, civil, and national-security customers, and pointed to milestones including a NASA Commercial Lunar Payload Services task order for its IM-5 mission and selection for the U.S. Space Force's Andromeda IDIQ, a space-domain-awareness program with a ceiling reported as high as US$6.2 billion. The company reaffirmed full-year 2026 revenue guidance of US$900 million to US$1 billion.
As ever, the counterweight matters. Intuitive Machines carries concentrated exposure to government contracts and their appropriations timing, integration risk from rapid acquisitions, and the simple reality that lunar missions are difficult — its earlier landing famously tipped on touchdown while still returning data. The backlog provides visibility; it does not eliminate execution risk.
Why the Lunar Economy Is Suddenly an Investment Category
The deeper shift the SpaceX IPO helped surface is that "going to the Moon" has become a procurement program, not just an exploration goal. NASA's Artemis effort and its associated Moon-base planning are designed to be executed substantially through commercial contracts — landers, terrain vehicles, communications relays, and surface infrastructure bought from private companies. That converts a national ambition into a recurring revenue opportunity for the firms positioned to win the work, and it is why a lunar-services company's backlog and contract wins now read like those of any other government-exposed growth business. Intuitive Machines has leaned directly into that, expanding from landers into space-to-Earth data relay through planned acquisitions of ground-station assets, building toward the kind of integrated infrastructure the program will need for years. Tracking how this sector is being repriced in real time? Join the free Orbital Economy Signal Brief to follow the shifts as they happen.
The Wider Lunar-and-Infrastructure Field
A couple of other listed companies frame the broader infrastructure landscape around the lunar and space-services theme — each distinct, and neither a proxy for the other. Voyager Technologies (NYSE: VOYG) is a space-and-defense technology company working across propulsion, precision systems, and space-infrastructure programs, and has been awarded a series of defense and space contracts as it builds out its platform. Boeing (NYSE: BA) anchors the large-cap, incumbent end: a diversified aerospace-and-defense prime with deep space heritage spanning human spaceflight, satellites, and major NASA programs. It is the steadier, established route into the same broad theme, with none of the pure-play torque — or the pure-play risk — of a smaller name. Together they show a lunar-and-space-infrastructure trade that runs from focused specialists to century-old primes, all drawn closer to the spotlight as SpaceX's listing re-rated the category — though each remains tied to its own contracts and execution.
Another Name in the Space-Access Field
Among the smaller, specialized names in the field is Starfighters Space, Inc. (NYSE American: FJET), referenced here purely for context and not as a recommendation. Over recent months the company has announced a series of partnership and development steps, including engaging Integrated Launch Solutions (ILS) to support mission design and range integration for its STARLAUNCH pathway, joining the NSF-proposed C-STARS research consortium at the University of Florida, and expanding a partnership with Mu-g Technologies on microgravity research. The company has said it is targeting a STARLAUNCH II space-demonstration flight over a roughly 18-to-24-month window, subject to regulatory approvals and execution. These are the company's own publicly stated plans.
The Bottom Line
SpaceX's arrival on the public market turned the space economy into a theme investors feel they must understand — and the road back to the Moon is one of its most tangible pieces. Intuitive Machines has positioned itself as a leading public name in that build-out, with record revenue, a billion-dollar-plus backlog, and a deliberate pivot from lunar lander to multi-domain space prime. The opportunity is real and contract-backed; so are the risks of government timing and acquisition integration. For investors drawn to the lunar story the SpaceX IPO helped illuminate, the names are now public and the milestones are now scheduled — with the data, as always, still to be delivered. To keep a closer eye on the launch, satellite, lunar, and space-data economy as it develops, sign up for the free Orbital Economy Signal Brief.
SIGNAL OVER NOISE
Signal over noise. Space, lunar, and defense headlines move fast — and the crowd often moves first. Eagle Eye is a real-time investor signal-intelligence platform that surfaces sentiment shifts, news flow, and trending tickers as they happen, so you see the move forming instead of reading about it later. See it at eagle-eye.dev.
CONTACT
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SOURCES
[1] Space Exploration Technologies Corp. (SpaceX), Form S-1 registration statement (proposed Nasdaq symbol SPCX), May–June 2026, sec.gov; contemporaneous reporting on space-sector reaction.
[2] Intuitive Machines, Inc. (Nasdaq: LUNR), Q1 2026 financial results (record revenue, US$1.1B backlog, Lanteris, Andromeda IDIQ, IM-5), May 2026.
[3] Voyager Technologies, Inc. (NYSE: VOYG), corporate and contract disclosures, 2026.
[4] The Boeing Company (NYSE: BA), corporate and space-program disclosures, 2026.
[5] Starfighters Space, Inc. (NYSE American: FJET), company press releases (Integrated Launch Solutions engagement; C-STARS; Mu-g partnership; STARLAUNCH II demonstration timeline), 2026.
DISCLAIMER
IMPORTANT — PLEASE READ: This article is editorial commentary and was NOT paid for, requested, commissioned, reviewed, or approved by any of the companies named in it, nor by Creative Direct Marketing Group ("CDMG"). No company mentioned in this article paid for or had any involvement in its preparation or publication. The disclosures that follow are provided in the interest of full transparency regarding our broader business relationships, even though they do not apply to this specific article.
Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This publication is neither an offer nor a recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. American News Group is owned and operated by Market IQ Media Group Limited, a company incorporated under the laws of Ireland ("MIQL"). As part of its ongoing business, MIQL has been paid fees by CDMG for advertising and digital media for Starfighters Space, Inc. (NYSE American: FJET) in connection with separate, paid campaigns; those paid materials are distinct from this article, which is unpaid editorial. This relationship constitutes a potential conflict of interest as to our ability to remain objective in our commentary regarding Starfighters Space, Inc., and readers are strongly encouraged not to use this publication as the basis for any investment decision. MIQL and its owner/operators do not own shares of Starfighters Space, Inc. or of any other company named in this article in connection with this piece, but reserve the right to buy and sell securities of any company mentioned at any time without further notice. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our publication is not trustworthy unless verified by their own independent research. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
FORWARD-LOOKING STATEMENTS: This publication contains forward-looking statements concerning the companies referenced and the commercial-space sector, including statements regarding the proposed initial public offering of Space Exploration Technologies Corp. ("SpaceX") and its reported terms, which are based on third-party reporting and SpaceX's own filings and remain subject to change until and unless finalized; product development, launch and mission timelines; contract awards and backlog; and broader market conditions. Forward-looking statements are not guarantees of future results and are subject to risks and uncertainties — including execution, regulatory, financing, competitive and macroeconomic risks — that could cause actual results to differ materially, as detailed in each referenced company's filings with the U.S. Securities and Exchange Commission at www.sec.gov. References to SpaceX are for thematic and contextual purposes only; SpaceX is a separate company with no affiliation to the publisher, and nothing herein is an offer to buy or sell, or a solicitation of any offer to buy or sell, securities of SpaceX or any other company. Figures attributed to named companies are drawn from those companies' public disclosures. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made; the publisher undertakes no obligation to update or revise them except as required by applicable law.
SpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the company's blockbuster public debut.
Nasdaq announced after the close Friday that SpaceX qualifies for inclusion in the benchmark technology index. Assuming the company meets the requirements, index-tracking funds and other product sponsors would begin purchasing shares after the market closes on July 6, with SpaceX officially joining the Nasdaq-100 before trading begins on July 7.
More than $800 billion tracks the index, including the Invesco QQQ Trust (QQQ), which is one of the most popular securities traded each day and is seen as a barometer for the artificial intelligence bull market.
The aerospace and satellite company is expected to enter the index with a weighting of less than 1%.
Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq's recently adopted fast-track inclusion framework for newly public companies. The changes allow some large IPOs to become eligible for the Nasdaq-100 after just 15 trading days, dramatically shortening what had historically been a far longer waiting period.
Under the previous framework, investors tracking the Nasdaq-100 could be forced to wait months before gaining exposure to newly listed market giants.
The inclusion could create another source of demand for SpaceX, which has been one of the most actively traded stocks since its June 12 debut. Index funds and exchange-traded funds tied to the Nasdaq-100 would need to buy shares to match the benchmark's new composition, while active managers who track the index closely might also adjust positions.
Because SpaceX's publicly tradable float remains small compared with its total market capitalization, even a modest index weighting could require meaningful purchases from passive investment vehicles.
Earlier this month, S&P Dow Jones Indices declined to create a similar fast-track process for the S&P 500. Therefore, SpaceX remains ineligible for inclusion in the S&P 500 because of that index's separate profitability and seasoning requirements.
Cathie Wood, a well-known figure in the cryptocurrency market, argued that Bitcoin, which has been falling, could rebound.
ARK Invest CEO Cathie Wood said that in an environment of increasing global geopolitical and monetary uncertainty, capital outflows from some countries could create a new bullish dynamic for Bitcoin and other digital assets.
Wood, in his assessment on the X platform, stated that artificial intelligence is currently one of the main elements of technological transformation and is attracting significant market interest. However, according to Wood, the AI sector cannot replace the fundamental role played by digital assets in the global macroeconomic environment.
Cathie Wood stated that digital assets, particularly Bitcoin, occupy a unique position in terms of their function as wealth preservation and “insurance tools.” According to Wood, while the artificial intelligence theme attracts some market liquidity, it does not eliminate the long-term investment value of digital assets.
Wood stated that with the persistence of macroeconomic uncertainties, investors’ need to protect their assets and diversify across borders has increased. He noted that this trend could strengthen demand for digital assets, particularly Bitcoin, over time.
According to the CEO of ARK Invest, under unstable geopolitical and monetary conditions, capital’s shift towards safe, portable, and globally accessible alternative assets could be a significant long-term support factor for the digital asset market.
*This is not investment advice.
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ARK Invest, led by Cathie Wood, took swift action in the crypto-linked stock market on June 26, ramping up its investments in the wake of notable declines. The most significant purchase targeted Coinbase, with ARK’s ARKK, ARKW, and ARKF funds acquiring a total of 68,366 shares. This buy is valued at approximately $10.19 million, based on Coinbase’s closing price of $149.06 per share.
In addition to the Coinbase acquisition, ARK Invest expanded its portfolio by purchasing Bullish and Robinhood shares on the same day. The company allocated $1.34 million for 57,511 Bullish shares and $1.21 million for 12,269 Robinhood shares. These moves came on the heels of recent pullbacks in stocks tied to the broader crypto sector.
The numbers reveal the volatility: On Thursday, Coinbase shares slid by 5.06 percent, Circle fell by 3.06 percent, and Robinhood recorded a loss of 3.83 percent. Bullish experienced the steepest drop, tumbling 6.77 percent. In the aftermath of these dips, ARK Invest’s aggressive purchases underscore its commitment to leveraging market weakness.
CompanyDaily changeARK transactionCoinbase5.06% drop68,366 shares, $10.19 millionBullish6.77% drop57,511 shares, $1.34 millionRobinhood3.83% drop12,269 shares, $1.21 millionARK Invest emphasizes that it adheres strictly to portfolio limitations, ensuring no position exceeds 10 percent of any fund.
Investment surge continues through the weekThese latest trades are a continuation of ARK Invest’s investment momentum earlier this week. Notably, the firm recently purchased an additional 111,799 Coinbase shares, a transaction worth close to $18 million.
Expanding beyond crypto, ARK Invest also increased its holding in SpaceX. The acquisition—210,121 SpaceX shares valued at roughly $32.5 million—was executed through ARK’s ETFs. SpaceX is widely recognized as Elon Musk’s privately held venture devoted to space and satellite technology.
All eyes on inflation and Federal Reserve policyCathie Wood has been sounding the alarm about mounting inflationary pressures. In a recent post on X, she remarked that her meetings in Asia and Europe suggest inflation expectations remain persistent. Her outlook comes as some investors brace for a potentially tougher policy stance from the US Federal Reserve.
Cathie Wood noted that her conversations in Asia and Europe point toward expectations that inflation could linger for longer.
Given ARK Invest’s fund-driven position limits, the firm’s portfolio composition is subject to realignment based on market movements. As turbulence continues across crypto-linked shares, further buying opportunities may emerge, keeping ARK’s next moves on investors’ radars.
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.
Restaurant Brands International: Navigating Seasonal Revenue SwingsRestaurant Brands International (QSR +1.52%) operates and globally franchises a diverse portfolio of quick-service chains, including Tim Hortons, Burger King, Popeyes, and Firehouse Subs.
It reached a court-ordered mediation impasse regarding litigation from its Carrols Restaurant Group acquisition in March of 2026, and it posted 15% net income margin for the quarter ended March 31, 2026.
McDonald's: Maintaining Global Revenue ScaleMcDonald's (MCD +1.97%) operates and licenses a vast worldwide network of fast-food restaurants that serve a broad menu of hamburgers, chicken items, and breakfast selections.
It recorded a pre-tax restructuring charge related to internal organizational changes, and it reported 30% net income margin for the quarter ended March 31, 2026.
Why Revenue Matters for Retail InvestorsRevenue shows investors the total amount of money a business brings in before deducting any expenses. This metric helps investors measure a business's overall size, market footprint, and long-term trajectory.
Quarter (Period End)Restaurant Brands International RevenueMcDonald's RevenueQ2 2024 (June 2024)$2.1 billion$6.5 billionQ3 2024 (Sept. 2024)$2.3 billion$6.9 billionQ4 2024 (Dec. 2024)$2.3 billion$6.4 billionQ1 2025 (March 2025)$2.1 billion$6.0 billionQ2 2025 (June 2025)$2.4 billion$6.8 billionQ3 2025 (Sept. 2025)$2.4 billion$7.1 billionQ4 2025 (Dec. 2025)$2.5 billion$7.0 billionQ1 2026 (March 2026)$2.3 billion$6.5 billionData source: Company filings. Data as of June 23, 2026.
Foolish TakeThe revenue trends between McDonald's and Restaurant Brands International (RBI) reveal both are experiencing year-over-year growth. As an iconic brand, McDonald's enjoys far larger sales, yet its stock slid in June to a 52-week low of $264.53 as investors became concerned persistent inflation and rising labor costs will eventually force menu price increases that drive away customers.
Wall Street’s sentiment towards RBI is rosier for a few reasons. The company’s Burger King brand enjoyed strong year-over-year comparable store sales growth of 6% in the first quarter of 2026. This means existing stores are producing greater revenue through repeat customer visits and price increases. McDonald's saw a 4% comparable store sales increase in Q1.
In addition, RBI’s international division is expanding rapidly with outstanding 11% year-over-year sales growth in Q1. While RBI has a long way to go before it gets close to the level of revenue produced by McDonald's, its successes with Burger King and international expansion drove shares to a 52-week high of $81.96 in May.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool recommends Restaurant Brands International and recommends the following options: long January 2028 $320 calls on McDonald's and short January 2028 $340 calls on McDonald's. The Motley Fool has a disclosure policy.
Pfizer (PFE +2.58%) is offering dividend investors a huge 6.9% yield. To put that into perspective, the S&P 500 index (^GSPC 0.05%) has a tiny 1% yield right now, and the average pharmaceutical stock's yield is 1.6%. Dividend lovers will clearly find Pfizer's yield attractive.
However, that lofty yield is also a sign that this pharmaceutical company is deeply out of favor on Wall Street. If you have a long-term investment approach that allows you to practice what I call time arbitrage, you may want to consider buying this high-yield drugmaker.
Image source: Getty Images.
What's wrong with Pfizer? Pfizer's stock price is rough 60% below its late 2021 high. In fact, the share price is lower today than it was prior to the coronavirus pandemic. That's actually quite important, because Pfizer was one of the companies to develop a COVID vaccine. In typical Wall Street fashion, investors bid up the price, thinking that COVID would forever be a health scourge. Only the world learned to live with the illness, and vaccine sales didn't live up to lofty investor expectations.
The stock dropped, as you would expect. However, at the same time, Pfizer has also been struggling to develop new drugs to replace blockbusters that are set to lose patent protection in the next couple of years. Its biggest miss came in 2025, when it had to abandon a GLP-1 weight-loss drug it was working on. That wasn't a good look and leaves the company far behind its industry peers, Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO), in this emerging new drug category.
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Meanwhile, the company's dividend payout ratio sits at 130%. There's a good reason why dividend investors would be worried about buying this deeply out-of-favor stock.
Pfizer has worked through hard times before Investors got too excited about Pfizer during COVID. But it looks like they may be too pessimistic about the stock today. Yes, Pfizer is struggling, but the problems it faces are really fairly normal in the drug sector. Research and development don't work on a set timeline, even though patent expirations do. And Pfizer hasn't given up on finding new drugs. In fact, it has a number of important drug trials in the works and, notably, quickly bought a company with an attractive GLP-1 candidate after its own weight-loss drug flamed out. Simply put, it's doing the right things.
PFE Payout Ratio (TTM) data by YCharts
Meanwhile, dividends aren't paid out of earnings. They are paid out of cash flows. And comparing the dividend to free cash flow, using the cash dividend payout ratio, is a bit more reassuring. That ratio sits at about 100%, with management stating clearly that sustaining the dividend is a priority. That may mean leaning on the balance sheet for a while to pay the dividend, but given the company's long and successful history, it is highly likely that Pfizer eventually develops new, highly profitable drugs to support the quarterly shareholder payment.
Pfizer: A time arbitrage opportunity Wall Street tends to be myopically focused on the short term. If you think in decades and not days, you can use the market's short-term focus to your benefit. Pfizer's history suggests it will muddle through this weak patch and return to a position of strength, though it may take a little while. While there's no guarantee of a positive future, it seems far more likely that Pfizer will discover exciting new drugs than that it will end up in bankruptcy court. If you can handle a little near-term uncertainty, you can collect a huge 6.9% yield while you wait for better days.
The big draw with Enbridge (ENB +0.09%) is its lofty 5.1% dividend yield. And that yield is backed by 31 annual dividend increases. That's a great start for any investor looking to buy a high-yield stock, but the story gets even better when you consider where Enbridge will be in 10 years.
Enbridge isn't your typical midstream stock The core of Enbridge's business is its midstream oil and natural gas operations. Essentially, it charges fees for facilitating the movement of these vital energy commodities worldwide. The price of the commodities moving through its system is less important than the volume. And given the importance of oil and natural gas to modern life, volume is high most of the time. In fact, the conflict in the Middle East may even increase demand for oil and natural gas from North America as countries reconsider energy security.
Image source: Getty Images.
Despite the ongoing growth of renewable power, Enbridge's midstream operations are likely to continue expanding over the next decade. But that's not the only growth opportunity, as the company's regulated natural gas utility business is also poised for expansion. Natural gas is increasingly replacing oil in the home heating market, but it is also in high demand among electric utilities, which are attempting to keep up with AI-driven demand for power.
So, more slow-and-steady growth from the company's oil and natural gas-linked operations is likely for years to come. Since Enbridge's midstream and regulated utility operations (which comprise four utilities) account for around 95% of its earnings before interest, taxes, depreciation, and amortization, it is well positioned to continue paying investors well. The company is calling for 3% distributable cash flow growth in 2026, but 5% each year over the longer term. Dividends should increase by around the same amounts.
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The small, but vital, clean energy business The one knock that a long-term dividend investor might have here is that Enbridge is heavily involved in carbon energy while the world is slowly shifting toward cleaner alternatives. Only, the company's goal is to provide the world with the energy it needs. For example, it has been growing its natural gas exposure because that is a cleaner-burning fuel than oil.
That said, Enbridge's third and final business line is actually clean energy. It is small today, but clean energy still accounts for a small share of the world's energy needs. This division will continue to grow over the next decade, keeping the company apace with the changing face of the energy market. And over the long term, that means Enbridge will remain a vital player in the global energy market. So even an investor who believes renewable energy is the future can comfortably buy this high-yield energy stock and hold it for 10 years or more.
Choosing between Federal Realty Investment Trust (FRT +0.43%) and Realty Income (O +1.85%) requires balancing a focus on premium local quality against the safety of international scale. Both companies have long histories of rewarding shareholders, but they follow very different paths to growth.
Federal Realty concentrates on a small number of high-value shopping centers in specific metropolitan hubs, while Realty Income utilizes a triple-net lease model across thousands of standalone buildings. These structural differences mean each real estate stock reacts differently to economic shifts and interest rate changes.
Federal Realty focuses on high-quality mixed-use properties. The company owns roughly 104 properties that combine retail shopping centers with residential or office space in high-barrier coastal markets. Recent activity includes the acquisition of the Congressional North Shopping Center for $72.3 million in March of 2026.
In its 2025 fiscal year (FY), revenue reached $1.3 billion, representing a 6.3% increase over the previous year. Net income available for common shareholders for the period was $403 million. This growth was supported by strategic property turnover, including the sale of a Falls Church shopping center for $58 million in June of 2026.
As of its December 2025 balance sheet, the debt-to-equity ratio was 1.5x, meaning the company carries $1.50 in total debt for every dollar of shareholder equity. The current ratio, which measures the ability to cover short-term bills with short-term assets, stood at roughly 1.0x. Free cash flow, calculated as cash from operations minus capital expenditures, was $331 million during the 2025 fiscal year.
The case for Realty IncomeRealty Income operates a massive portfolio of more than 15,500 properties across all 50 states and several European countries. The company uses a triple-net lease structure, where tenants like 7-Eleven and Dollar General pay for taxes, insurance, and maintenance. This model provides highly predictable cash flow, which the company uses to pay its famous monthly dividend.
In FY 2025, revenue rose to $5.7 billion, a 9.1% increase compared to the prior year. Net income reached nearly $1.1 billion. The company continues to expand aggressively, highlighted by its January 2026 entry into the Mexican market and the acquisition of an Ohio-based Lowe's property for $18.9 million.
As of the December 2025 balance sheet, the company maintained a debt-to-equity ratio of 0.8x. This indicates a lower level of leverage relative to its equity than many of its peers. The current ratio was 0.5x, and the company generated $4 billion in free cash flow during the 2025 fiscal year.
Risk profile comparisonFederal Realty faces risks from its heavy concentration in major coastal metropolitan markets. Economic downturns in these specific regions can have a disproportionate impact on its rental revenue and occupancy levels. Furthermore, the company is vulnerable to the health of its anchor tenants, as large-format retail bankruptcies could leave significant vacancies that are difficult to fill quickly. It also competes for premium space with companies like Kimco Realty.
Realty Income carries risks related to its aggressive expansion into new verticals like data centers and international markets. These new ventures require management expertise that may differ from its traditional retail core. Additionally, the company relies heavily on consistent access to capital markets to fund its acquisitions. This makes it sensitive to interest rate fluctuations and competition from other large net-lease players like W. P. Carey.
Valuation comparisonFederal Realty Investment Trust appears to be the more affordable option for investors based on the sales multiple but is pricey based on earnings estimates.
MetricFederal Realty Investment TrustRealty IncomeSector BenchmarkForward P/E42.9x39.5x32.2xP/S ratio8.4x10.1xSector benchmark uses the SPDR XLRE sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?Investing in real estate investment trusts (REITs) is a great way to gain passive income. REITs offer substantially higher dividend yields than many dividend-paying companies. Federal Realty Investment Trust and Realty Income are two prominent REITs to consider. Both are worth owning shares in, making the choice between them a tough call.
Federal Realty Investment Trust delivered an outstanding first quarter. Its Q1 diluted earnings per share (EPS) soared to $1.81 from $0.72 in the prior year as revenue rose to $341.1 million compared to $309.2 million in 2025. The company raised its full-year guidance, which helped to propel its stock to a 52-week high of $126.41 in June.
Realty Income is a solid income generator that has raised its dividend for 114 consecutive quarters. Its Q1 sales jumped up to $1.5 billion from $1.4 billion in 2025.
However, Realty Income’s Q1 diluted EPS was $0.33, which is substantially lower than Federal Realty Investment Trust’s Q1 result. Moreover, the company cut its 2026 guidance from diluted EPS of at least $1.65 to $1.60.
Federal Realty Investment Trust is doing well, and its premium properties boasted nearly a 94% occupancy rate. These factors and its higher diluted EPS make it the better REIT to purchase over Realty Income at this time. Because Federal Realty Investment Trust’s forward earnings multiple is elevated after the run-up in its share price, the prudent approach is to wait for the stock to drop before buying.
Weekly Market HighlightsThis week, 521 stocks gained more than 15%, while 1,436 stocks declined by more than 10%, reflecting significant market challenges.The
Key Takeaways SNDK shares plummeted approximately 9.5% on Friday following Thursday’s impressive 22% rally sparked by Micron’s earnings results News of OpenAI potentially delaying its public offering until 2027 raised concerns about near-term capital expenditure for memory chip manufacturers Storage industry counterparts Western Digital and Seagate declined 14% and 10% respectively; Micron retreated 5.6% Citi’s Asiya Merchant maintained her Buy recommendation while increasing her price objective to $2,500 from $2,025 Year-to-date gains remain extraordinary at approximately 790%, with 12-month returns exceeding 4,300% Sandisk shares experienced significant volatility on Friday. Following Thursday’s exceptional 22% climb fueled by Micron’s impressive quarterly performance, SNDK relinquished a substantial portion of those advances — declining approximately 9.5% to close near $2,113 — as market participants digested two concerning developments.
Sandisk Corporation, SNDK
The initial catalyst was straightforward profit-taking activity. When a stock jumps 22% in a single session, early sellers typically emerge the following day. This behavior was largely anticipated.
The second factor proved more consequential. According to The New York Times, OpenAI is now contemplating postponing its initial public offering from 2026 to 2027. The motivation? CEO Sam Altman allegedly seeks a $1 trillion market capitalization, and financial advisors have suggested that additional time could help achieve that milestone. Proceeding with an earlier timeline risks undervaluing the company.
This development presents challenges for Sandisk. OpenAI’s latest private funding round established an $852 billion valuation and secured $122 billion in fresh capital. Market participants anticipated this capital would flow toward cloud infrastructure providers, who would subsequently allocate substantial resources toward processors and memory components for their computing facilities. A successful public offering would have generated additional investment capacity.
Delaying the IPO until 2027 effectively postpones the anticipated infrastructure spending surge.
NAND Fundamentals Remain Constructive Despite Friday’s market reaction, Wall Street analysts aren’t abandoning their positive thesis. Citi’s Asiya Merchant reaffirmed her Buy stance on SNDK while elevating her price objective to $2,500 from $2,025.
Merchant’s research highlights Micron’s quarterly results as confirmation that NAND market conditions will remain constrained throughout the coming year. Robust NAND demand coupled with sustained pricing strength continue to represent significant tailwinds for Sandisk, according to her analysis.
The broader memory semiconductor sector experienced similar weakness on Friday. Western Digital shed 14%, Seagate declined 10%, and Micron retreated 5.6%.
Analyst Sentiment Overview Among 29 research firms monitored by FactSet, Sandisk maintains an average Overweight rating. The distribution includes: 18 Buy ratings, five Overweight ratings, five Hold ratings, and only one Sell rating.
This represents overwhelmingly positive coverage.
Technical metrics indicate potential overbought conditions, though analysts appear unconcerned about valuation levels at present.
Agentic AI applications are fueling substantial demand growth. These advanced systems necessitate significant memory storage capacity, positioning Sandisk favorably within this emerging technological trend.
Despite Friday’s reversal, Sandisk maintains approximately 790% gains year-to-date. Measured across the trailing 12 months, shares have appreciated more than 4,300%.
The trading week concluded on a disappointing note — SNDK finished approximately 3.3% lower for the five-day period despite Thursday’s remarkable 22% advance.
Citi’s $2,500 price objective represents the latest Wall Street guidance on the shares.
Key Takeaways BE shares retreated dramatically from recent peak levels following an extraordinary 1,300%+ advance over the trailing year Chevron and Microsoft’s partnership for natural gas turbine-powered data centers spotlighted alternative energy solutions competing with fuel cells Department of Energy’s $17.5 billion nuclear energy investment program introduced another competing power alternative Prominent short-seller Jim Chanos warned of bubble conditions in AI energy stocks; Barclays established a $276 target matching current price levels Company insiders liquidated more than $83 million in shares net during the past year, raising red flags Bloom Energy (BE) shares plummeted by as much as 18.49% during Friday’s trading session, bottoming at $252.02 intraday. This dramatic reversal occurred just one day after the stock reached its 52-week peak. Prior to the decline, BE had been changing hands near $309.
Bloom Energy Corporation, BE
The sharp correction arrives on the heels of an extraordinary rally that propelled BE upward by more than 1,300% during the previous twelve-month period. Such explosive gains create vulnerability when market sentiment shifts.
Profit-taking emerged as an initial driver behind the wave of selling. Following such a rapid ascent, minimal negative catalysts can trigger significant reversals.
However, several concrete developments accelerated the downturn. A newly announced partnership between Chevron and Microsoft revealed plans to utilize natural gas turbines — rather than fuel cell technology — to energize an AI data center facility in Texas. This agreement clearly demonstrates that Bloom Energy faces legitimate competitive threats within the AI infrastructure sector.
Simultaneously, the U.S. Department of Energy unveiled $17.5 billion in financing designated for nuclear energy projects this week. This substantial commitment introduces yet another viable energy alternative as technology giants evaluate power solutions for their expanding data center requirements.
Prominent Bear Voices Concerns Jim Chanos, a renowned short-seller with decades of experience, openly declared that AI energy stocks have entered bubble territory. His remarks resonated particularly strongly considering BE’s valuation had already exceeded most Wall Street analyst projections.
Barclays upgraded its price objective for BE to $276 on June 23rd while maintaining an Equal Weight stance. This target essentially capped the stock right at its then-current trading range, effectively challenging the bull thesis.
Broader market conditions offered little support. Both the S&P 500 and Nasdaq finished nearly unchanged that session, confirming this was a company-specific event rather than sector-wide weakness.
Competing fuel cell manufacturers experienced similar pressure. FuelCell Energy alongside Plug Power also faced selling activity in recent trading days, suggesting investors were broadly rotating away from high-flying AI energy momentum plays.
Executive Dispositions and Holder Activity Insider dispositions have been a persistent pattern. Company executives and directors collectively offloaded over $83 million worth of BE shares on a net basis throughout the past year. Board member John T. Chambers divested 55,000 shares on May 28th at a price of $297.69 each, generating proceeds exceeding $16.3 million. Insider Shawn Marie Soderberg liquidated 35,000 shares at $279.00 on April 29th.
From an operational perspective, BE delivered impressive quarterly results most recently. The company posted earnings per share of $0.44, substantially surpassing the consensus forecast of $0.12. Quarterly revenue reached $751.05 million, dramatically exceeding analyst expectations of $539.94 million — representing 130.4% year-over-year growth.
Wesbanco Bank decreased its BE holdings by 43.9% during the first quarter, retaining 29,932 shares with an approximate value of $4.05 million.
Wall Street analysts maintain a Moderate Buy consensus rating on the stock, with an average price objective of $224.36. UBS maintains the most optimistic outlook with a $322.00 target.
BE’s upcoming earnings announcement is anticipated in late July.
New York, New York--(Newsfile Corp. - June 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zoetis Inc. (NYSE: ZTS) between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Zoetis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and touted growing market share, strong veterinarian adoption, and accelerating sales growth across Zoetis' flagship Companion Animal products and/or failed to disclose that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303163
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Tesla (TSLA +1.38%) is one of the biggest companies in the world. But Tesla's auto sales have actually been on the decline for several years now. With shares trading at 13.5 times sales, it's clear that the market doesn't just value the company as an EV stock. Instead, Tesla is now arguably a bona fide AI stock, with a valuation premium to match.
What exactly makes Tesla an AI stock? There are many aspects to the equation, but perhaps the biggest reason deals with autonomous driving. Self-driving cars have been promised for decades. But AI is advancing self-driving capabilities faster than ever before. And Tesla has one of the leading positions in a market enabled by autonomous cars: robotaxis.
"We think $8 trillion to $10 trillion for the entire autonomous taxi opportunity throughout the world, from almost nothing," predicts Cathie Wood, the CEO of Ark Invest, a major Tesla shareholder. "That's how quickly AI is going to cause these things to happen."
Tesla's core auto manufacturing business, combined with what could become a $10 trillion robotaxi opportunity, helps justify the company's $1.2 trillion valuation. But there's another EV stock following a similar path to growth yet trading at just 3.2 times sales, with a market cap under $20 billion.
Here's why every growth investor should be taking a closer look at Rivian (RIVN +5.18%).
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Rivian is ready to follow Tesla's recipe for growth While Tesla's history is long and complex, the company's meteoric rise comes down to a few key moves. The company first launched the Roadster in 2008, cementing its status as a carmaker of quality (if not expensive) products. In 2017, Tesla launched the Model 3, followed by the Model Y a few years later. Today, those affordable models account for more than 90% of Tesla's auto sales. Finally, in 2024, the company unveiled its Cybercab model, followed up by the launch of its robotaxi service in 2025.
Rivian's growth strategy so far has followed many of the same key pillars. In 2018, the company announced its first vehicles: the R1T pickup truck and R1S SUV. These EVs had luxury price tags, but owners loved the build and quality. Earlier this year, Rivian launched its R2 SUV, its first vehicle priced under $50,000 that will compete directly with Tesla's ultra-successful Model Y. Then in December 2025, the company announced a major strategic pivot that would focus on autonomous cars and AI, clearing the way for it to compete in the nascent robotaxi market.
Image source: Rivian.
Rivian doesn't have the scale, access to capital, or brand name recognition of Tesla. But it's putting the pieces in place to compete in the same markets as Tesla. We received early validation of Rivian's strategy in early 2026 when Uber Technologies agreed to purchase up to 50,000 Rivian R2 SUVs in a $1.25 billion deal aimed at supporting Uber's robotaxi division.
When it comes to attacking the robotaxi market, there are more risks with Rivian stock than with Tesla. But Rivian's deeply discounted valuation provides more than enough margin of safety for investors looking to hit a home run.
On June 11, 2026, Check Point Software Technologies Ltd. (CHKP +5.87%) Director Shavit Shenhav Tal exercised options to acquire and immediately sold 25,000 Ordinary Shares, generating proceeds of approximately $3.08 million according to the SEC Form 4 filing.
Transaction summaryMetricValueShares traded (direct)25,000Transaction value~$3.08 millionPost-transaction shares (direct)4,008Post-transaction value (direct ownership)~$493KTransaction value based on SEC Form 4 weighted average purchase price ($123.07); post-transaction value based on the June 11, 2026 market value of 4,008 shares ($493,464.96).
Key questionsWhat was the structure and economic rationale for this transaction?
The transaction was an exercise-and-sell event, with 25,000 Ordinary Shares acquired via option exercise and immediately sold; this allowed Tal to monetize vested awards without increasing net equity exposure to the company.How did this sale impact Tal's direct ownership stake?
Direct Ordinary Share holdings declined by 86.18%, from 29,008 shares pre-transaction to 4,008 shares post-transaction, materially reducing Tal's remaining direct capacity for open-market sales.Was this activity conducted through a 10b5-1 plan or routine administration?
The event was administrative in nature, aligned with the vesting and exercise of options, and did not involve discretionary or open-market accumulation or disposition beyond the option exercise and immediate sale.What capacity remains for future transactions and are there additional equity awards?
Post-sale, Tal holds 4,008 Ordinary Shares directly.Company overviewMetricValueRevenue (TTM)$2.76 billionNet income (TTM)$1.06 billionPrice (as of market close 2026-06-11)$123.071-year price change-40%Company snapshotCheck Point Software provides a comprehensive suite of cybersecurity solutions, including network security gateways, endpoint protection, cloud security, IoT security, and unified management platforms.The firm generates revenue primarily through the sale of software licenses, security appliances, subscription-based services, and ongoing technical support and professional services.It targets a global customer base ranging from small and medium-sized businesses to large enterprises, data centers, telecom operators, and managed security service providers.Check Point Software Technologies Ltd. operates at scale as a leading cybersecurity provider, with a focus on multi-layered threat prevention and unified security management. The company leverages its Infinity Architecture to deliver integrated protection across networks, endpoints, cloud, and mobile environments. Its strong global presence and continuous innovation in threat prevention technologies underpin its competitive positioning in the infrastructure software segment.
What this transaction means for investorsTal’s transaction comes amid broader pressure for Check Point, and it’s a sizable amount of his available ordinary shares, but it’s hard to read too much into what could simply be a routine monetization of vested equity rather than a clear signal about Check Point Software's outlook. Because the shares were acquired through an option exercise and immediately sold, the filing appears more administrative than discretionary, even though the transaction significantly reduced his direct share ownership.
The company's fundamentals, however, remain a more important story for long-term investors. In the first quarter, Check Point reported 5% revenue growth to $668 million, with security subscription revenue climbing 11% to $323 million. Non-GAAP earnings per share increased 13% to $2.50, while adjusted free cash flow rose 11% to $457 million. CEO Nadav Zafrir said the cybersecurity landscape is undergoing a "fundamental shift" as AI fuels increasingly sophisticated threats, adding that the company's strategy is designed to capitalize on growing demand for enterprise AI security.
Management has also continued returning capital to shareholders. In May, the board authorized a $2 billion expansion of its share repurchase program after the company had already repurchased roughly 230 million shares for $17.4 billion since the program began.
Shares are down roughly 40% over the past year, a testament to the punishing stretch for many software names as of late, but investors should pay closer attention to whether Check Point can accelerate growth in higher-margin subscription and AI-driven security offerings than to a single options-related insider transaction.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Check Point Software Technologies. The Motley Fool has a disclosure policy.
Greg Abel's first quarterly report as Berkshire Hathaway (BRKA +1.60%)(BRKB +2.22%) CEO came with a number that's hard to look past. The conglomerate ended the first quarter of 2026 with a record $397 billion in cash, cash equivalents, and short-term Treasury bills -- up from around $373 billion at the end of 2025, and equal to more than a third of the company's market value.
A pile that size invites a dramatic reading: that Warren Buffett and Abel are bracing for a crash. But that may read too much into it. The cash is less a market call than the result of a simpler problem. At today's prices, Berkshire continues to struggle to find much worth buying.
Warren Buffett. Image source: The Motley Fool.
How the cash got so big The balance didn't swell in a single quarter. Berkshire has been a net seller of stocks for more than a dozen quarters in a row, parting with well over $150 billion more in equities than it has bought since late 2022.
In the first quarter of 2026 specifically, Berkshire sold about $8 billion more stock than it purchased. Money that leaves the equity portfolio and isn't put into a new investment generally lands in Treasury bills, where it earns a decent yield while it waits.
Buffett, who handed the CEO role to Abel at the start of 2026 but stayed on as chairman and still advises him, has been candid about what he sees in the market.
"We've never had people in a more gambling mood than now," he said at Berkshire's annual meeting in May, pointing to investors paying up for stocks and piling into short-term options and prediction markets.
That helps explain the cash. The S&P 500 has gained about 7% in 2026 and is trading near record highs, while Berkshire has mostly stood aside.
What it would take to put it to work Abel, however, hasn't sat still. In late May, Berkshire agreed to buy homebuilder Taylor Morrison for about $8.5 billion including debt, working out to $72.50 a share, for the country's sixth-largest homebuilder.
It's Abel's first major acquisition, and a familiar Berkshire move: paying cash for an out-of-favor, cyclical business. But $8.5 billion is a small fraction of a $397 billion cash position. A deal that size barely moves it.
Berkshire has also recently agreed to invest an additional $10 billion in Alphabet as part of the tech giant's $80 billion capital raise. This is a more meaningful amount, but still not enough to move the needle for a nearly $1.1 trillion company in a big way.
Another lever is Berkshire's own stock. In March, Abel restarted share repurchases for the first time since May 2024, spending about $234 million -- a token amount next to the cash, but a notable shift after a nearly two-year pause. He has said he cleared the timing with Buffett, and Berkshire's rules allow it to buy back stock only when management judges the price to be below the company's intrinsic value.
That judgment -- a valuation call -- is the heart of the deployment question at the conglomerate.
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So, is a crash coming?
No one can predict the market, and even a $397 billion cash balance isn't a forecast that one is. The more grounded read is that Berkshire can't find enough sizable opportunities priced attractively enough to deploy a big share of its capital -- which is what you'd expect from a disciplined buyer in an expensive market. A deal here and a small buyback there, and the pile keeps growing.
For now, that leaves shareholders waiting. Berkshire stock is about flat in 2026 as of this writing, even as the S&P 500 has risen. If that gap holds and the shares keep lagging, buying back more of its own stock at a cheaper price may turn out to be the best use Abel has for all that cash.
New York, New York--(Newsfile Corp. - June 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024, inclusive (the "Class Period"), of the important July 14, 2026 lead plaintiff deadline.
SO WHAT: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.
To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303197
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Commvault Systems, Inc. (NASDAQ: CVLT) between April 29, 2025 and January 26, 2026, inclusive (the “Class Period”), of the important July 17, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Commvault securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 17, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants provided overwhelmingly positive statements while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that its ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
New York, New York--(Newsfile Corp. - June 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Verra common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, Verra minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303078
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.