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2026-06-26 00:10
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2026-06-25 20:00
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Micron and Qualcomm are REVIVING AI trade: Spear Invest founder | FMP Stock News | |
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2026-06-26 00:09
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2026-06-25 18:38
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Z, ZG Investors Have Opportunity to Lead Zillow Group, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm | FMP Stock News | |
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, /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the "Class Period"), of the important August 10, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased Zillow 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 Zillow class action, go to https://rosenlegal.com/cases/zillow-group-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 10, 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. 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 hundreds of millions 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 materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's 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 Zillow class action, go to https://rosenlegal.com/cases/zillow-group-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 or 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 SOURCE THE ROSEN LAW FIRM, P. A. |
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2026-06-26 00:09
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2026-06-25 19:51
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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Zillow, Inc. of Class Action Lawsuit and Upcoming Deadlines - Z | FMP Stock News | |
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, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Zillow, Inc. ("Zillow" or the "Company") (NASDAQ: Z). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Zillow and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until August 10, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Zillow securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action] On September 30, 2025, the U.S. Federal Trade Commission ("FTC") filed a complaint (the "FTC Complaint") against Zillow and Redfin alleging violations of federal antitrust laws arising from, among other things, the Redfin Agreement. The FTC Complaint alleged that "on February 6, 2025, Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market." On this news, Zillow's Class C common stock price fell $3.49 per share, or 4.33%, to close at $77.05 on September 30, 2025. The following day, it fell a further $3.57 per share, or 4.63%, to close at $73.48 per share on October 1, 2025. Meanwhile, Zillow's Class A common stock price fell Class A common stock fell $3.51 per share, or 4.5%, to close at $74.44 per share on September 30, 2025. The following day, it fell a further $3.26 per share, or 4.37%, to close at $71.18 per share. Then, on February 10, 2026, Zillow conducted an earnings call to discuss its financial performance for the fourth quarter of 2025. During the call, Chief Financial Officer Jeremy Hoffman disclosed that the Company was facing significant "ongoing elevated legal expenses." On this news, Zillow Class C stock fell $9.32 per share, or 17.12%, to close at $45.10 per share on February 11, 2026. The next day, it fell a further $1.40 per share, or 3.1%, to close at $43.70 per share on February 12, 2026. Meanwhile, Zillow Class A stock fell $9.05 per share, or 16.5%, to close at $45.66 on February 11, 2026. The following day, it fell a further $1.84, or 4.02%, to close at $43.82 per share on February 12, 2026. Finally, on May 7, 2026, Reuters published an article entitled "Zillow, Redfin fail to end FTC lawsuit claiming they suppressed rental competition." The article reported that a "federal judge rejected [Zillow and Redfin's] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings." On this news, Zillow's Class C common stock fell $0.85 per share, or 1.9%, to close at $43.68 on May 7, 2026. The following day, Zillow's Class C common stock fell a further $2.25 per share, or 5.15%, to close at $41.43 on May 8, 2026. Meanwhile, Zillow's Class A stock fell $0.79 per share, or 1.76%, to close at $44.04 on May 7, 2026. The following day, it fell a further $2.10 per share, or 4.76%, to close at $41.94 on May 8, 2026. The following trading day, May 11, 2026, Zillow Class A common stock fell a further $1.29, or 3.07%, to close at $40.65 per share. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 SOURCE Pomerantz LLP |
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2026-06-26 00:09
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2026-06-25 18:45
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Sea Limited Sponsored ADR (SE) Declines More Than Market: Some Information for Investors | FMP Stock News | |
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Sea Limited Sponsored ADR (SE - Free Report) ended the recent trading session at $89.01, demonstrating a -4.03% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.01%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq lost 0.46%.Shares of the company witnessed a loss of 0.76% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.57%, and the S&P 500's loss of 1.4%. Investors will be eagerly watching for the performance of Sea Limited Sponsored ADR in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.03, showcasing a 21.18% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $7.34 billion, up 36.82% from the prior-year quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.24 per share and revenue of $30.72 billion, indicating changes of +28.88% and +30.84%, respectively, compared to the previous year. It's also important for investors to be aware of any recent modifications to analyst estimates for Sea Limited Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Sea Limited Sponsored ADR boasts a Zacks Rank of #3 (Hold). In terms of valuation, Sea Limited Sponsored ADR is currently trading at a Forward P/E ratio of 21.88. This denotes a premium relative to the industry average Forward P/E of 18.07. We can additionally observe that SE currently boasts a PEG ratio of 0.76. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.01 at yesterday's closing price. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 89, putting it in the top 37% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. |
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Saved
2026-06-26 00:08
1mo ago
Published
2026-06-25 18:50
1mo ago
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Lockheed Martin (LMT) Rises As Market Takes a Dip: Key Facts | FMP Stock News | |
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Lockheed Martin (LMT - Free Report) ended the recent trading session at $505.02, demonstrating a +2.72% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.01%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq lost 0.46%.The stock of aerospace and defense company has fallen by 7.44% in the past month, lagging the Aerospace sector's gain of 2.96% and the S&P 500's loss of 1.4%. Analysts and investors alike will be keeping a close eye on the performance of Lockheed Martin in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $7.09, marking a 2.74% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $19.41 billion, indicating a 6.9% growth compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $29.88 per share and a revenue of $79.05 billion, indicating changes of +29.24% and +5.33%, respectively, from the former year. Investors should also note any recent changes to analyst estimates for Lockheed Martin. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Lockheed Martin currently has a Zacks Rank of #3 (Hold). In terms of valuation, Lockheed Martin is presently being traded at a Forward P/E ratio of 16.45. This expresses a discount compared to the average Forward P/E of 24.86 of its industry. Also, we should mention that LMT has a PEG ratio of 0.89. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Aerospace - Defense industry stood at 1.49 at the close of the market yesterday. The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 42% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. |
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2026-06-26 00:06
1mo ago
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2026-06-25 19:00
1mo ago
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Here's Why Booking Holdings (BKNG) Fell More Than Broader Market | FMP Stock News | |
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In the latest close session, Booking Holdings (BKNG - Free Report) was down 2.32% at $177.05. This change lagged the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.Coming into today, shares of the online booking service had gained 7.65% in the past month. In that same time, the Retail-Wholesale sector lost 5.64%, while the S&P 500 lost 1.4%. Analysts and investors alike will be keeping a close eye on the performance of Booking Holdings in its upcoming earnings disclosure. On that day, Booking Holdings is projected to report earnings of $2.47 per share, which would represent year-over-year growth of 11.26%. At the same time, our most recent consensus estimate is projecting a revenue of $7.19 billion, reflecting a 5.74% rise from the equivalent quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.44 per share and revenue of $29.4 billion. These totals would mark changes of +14.47% and +9.23%, respectively, from last year. It's also important for investors to be aware of any recent modifications to analyst estimates for Booking Holdings. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Booking Holdings currently has a Zacks Rank of #3 (Hold). From a valuation perspective, Booking Holdings is currently exchanging hands at a Forward P/E ratio of 17.36. This signifies no noticeable deviation in comparison to the average Forward P/E of 17.36 for its industry. We can also see that BKNG currently has a PEG ratio of 1.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.06 based on yesterday's closing prices. The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 250 industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. |
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2026-06-26 00:04
1mo ago
Published
2026-06-25 18:45
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Spotify (SPOT) Dips More Than Broader Market: What You Should Know | FMP Stock News | |
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Original source text
Spotify (SPOT - Free Report) closed the most recent trading day at $441.21, moving -3.03% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.01%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.Shares of the music-streaming service operator witnessed a loss of 11.28% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.57%, and the S&P 500's loss of 1.4%. Analysts and investors alike will be keeping a close eye on the performance of Spotify in its upcoming earnings disclosure. In that report, analysts expect Spotify to post earnings of $3.3 per share. This would mark year-over-year growth of 787.5%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.6 billion, up 17.66% from the year-ago period. SPOT's full-year Zacks Consensus Estimates are calling for earnings of $14.68 per share and revenue of $22.73 billion. These results would represent year-over-year changes of +23.47% and +16.98%, respectively. Investors should also note any recent changes to analyst estimates for Spotify. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.1% lower within the past month. Spotify is currently sporting a Zacks Rank of #3 (Hold). With respect to valuation, Spotify is currently being traded at a Forward P/E ratio of 31. This denotes a premium relative to the industry average Forward P/E of 18.07. It is also worth noting that SPOT currently has a PEG ratio of 1.11. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry currently had an average PEG ratio of 1.01 as of yesterday's close. The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 89, positioning it in the top 37% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. |
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2026-06-26 00:04
1mo ago
Published
2026-06-25 18:50
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AGNC Investment (AGNC) Rises As Market Takes a Dip: Key Facts | FMP Stock News | |
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In the latest close session, AGNC Investment (AGNC - Free Report) was up +1.24% at $10.62. This move outpaced the S&P 500's daily loss of 0.01%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.46%.Heading into today, shares of the real estate investment trust had lost 0.19% over the past month, lagging the Finance sector's gain of 2.29% and outpacing the S&P 500's loss of 1.4%. Investors will be eagerly watching for the performance of AGNC Investment in its upcoming earnings disclosure. On that day, AGNC Investment is projected to report earnings of $0.38 per share, which would represent no growth from the year-ago period. At the same time, our most recent consensus estimate is projecting a revenue of $361.52 million, reflecting a 123.16% rise from the equivalent quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.56 per share and a revenue of $1.47 billion, indicating changes of +4% and +117.14%, respectively, from the former year. Any recent changes to analyst estimates for AGNC Investment should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, AGNC Investment holds a Zacks Rank of #3 (Hold). In the context of valuation, AGNC Investment is at present trading with a Forward P/E ratio of 6.71. Its industry sports an average Forward P/E of 8.65, so one might conclude that AGNC Investment is trading at a discount comparatively. The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 199, putting it in the bottom 19% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. |
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2026-06-26 00:04
1mo ago
Published
2026-06-25 18:45
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Chubb (CB) Sees a More Significant Dip Than Broader Market: Some Facts to Know | FMP Stock News | |
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Chubb (CB - Free Report) closed at $330.82 in the latest trading session, marking a -1.29% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, lost 0.46%.Shares of the insurer have appreciated by 4.53% over the course of the past month, outperforming the Finance sector's gain of 2.29%, and the S&P 500's loss of 1.4%. The upcoming earnings release of Chubb will be of great interest to investors. The company's upcoming EPS is projected at $6.57, signifying a 7.00% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $15.89 billion, reflecting a 7.26% rise from the equivalent quarter last year. CB's full-year Zacks Consensus Estimates are calling for earnings of $26.8 per share and revenue of $64.4 billion. These results would represent year-over-year changes of +8.11% and +7.4%, respectively. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Chubb. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Chubb is currently a Zacks Rank #3 (Hold). With respect to valuation, Chubb is currently being traded at a Forward P/E ratio of 12.51. This denotes a premium relative to the industry average Forward P/E of 11.47. Meanwhile, CB's PEG ratio is currently 1.71. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 2.42. The Insurance - Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. |
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2026-06-26 00:04
1mo ago
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2026-06-25 18:45
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Freeport-McMoRan (FCX) Gains As Market Dips: What You Should Know | FMP Stock News | |
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Freeport-McMoRan (FCX - Free Report) closed the most recent trading day at $62.80, moving +1.55% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.01%. Meanwhile, the Dow experienced a rise of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.46%.Prior to today's trading, shares of the mining company had lost 2.81% was narrower than the Basic Materials sector's loss of 3.7% and lagged the S&P 500's loss of 1.4%. Investors will be eagerly watching for the performance of Freeport-McMoRan in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.6, indicating a 11.11% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $6.37 billion, indicating a 15.99% decrease compared to the same quarter of the previous year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.56 per share and revenue of $27.5 billion, indicating changes of +44.63% and +6.12%, respectively, compared to the previous year. It is also important to note the recent changes to analyst estimates for Freeport-McMoRan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.21% fall in the Zacks Consensus EPS estimate. Freeport-McMoRan presently features a Zacks Rank of #3 (Hold). In terms of valuation, Freeport-McMoRan is presently being traded at a Forward P/E ratio of 24.16. This expresses a premium compared to the average Forward P/E of 23.37 of its industry. We can also see that FCX currently has a PEG ratio of 0.75. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Mining - Non Ferrous industry held an average PEG ratio of 1.31. The Mining - Non Ferrous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. |
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Saved
2026-06-26 00:03
1mo ago
Published
2026-06-25 17:20
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Where Will Plug Power Stock Be in 10 Years? | FMP Stock News | |
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Plug Power (PLUG 2.11%), a developer of hydrogen charging technologies, went public at a reverse-split-adjusted price of $150 per share in 1999. Today, it trades at less than $3. Let's see why its stock crumbled -- and why it could bounce back over the next decade.Image source: Getty Images. What happened to Plug Power? Plug Power originally planned to build residential hydrogen charging systems. When low demand, high costs, and regulatory hurdles derailed that ambitious plan, it started developing hydrogen fuel cells, charging systems, electrolyzers, and storage systems instead. Today's Change ( -2.11 %) $ -0.06 Current Price $ 2.56 Today, Plug Power's two largest customers are Amazon and Walmart, which both use its cells and charging systems to power their forklifts. It's also securing more electrolyzer contracts for producing green hydrogen. Plug Power suffered a major slowdown in 2024. It had just lapped two major acquisitions, and the macro headwinds were forcing many companies to pause their hydrogen plans. But in 2025, its revenue rose again as the macro environment stabilized and it locked in new contracts. Metric 2022 2023 2024 2025 Revenue $701 million $891 million $629 million $710 million Growth (YOY) 40% 27% (29%) 13% Operating Margin (97%) (151%) (321%) (207%) Net Income (Loss) ($724 million) ($1.37 billion) ($2.10 billion) ($1.69 billion) Data source: Plug Power. YOY = Year-over-year. Plug's total number of deployed fuel cell systems rose from around 50,000 at the end of 2021 to over 74,000 at the end of 2025. There's still plenty of pent-up interest in its systems: it recently secured a 275 MW electrolyzer contract for Hy2gen's Courant green hydrogen project in Quebec and is building six new green hydrogen facilities for the U.S. Department of Energy. From 2025 to 2028, analysts expect Plug's revenue to grow at an 18% CAGR to $1.16 billion as it narrows its net losses. That's a bright outlook for a stock that trades at just four times this year's sales. Looking further ahead, the global green hydrogen market could expand at a 30.2% CAGR from 2026 to 2033, according to Grand View Research. If Plug Power matches analysts' estimates through 2028, grows its revenue at a 20% CAGR over the following eight years, and trades at a more generous 10 times its current year's sales, its market cap could grow nearly 14 times to $50 billion by 2036. That wouldn't get it anywhere close to its IPO price -- but it would deliver multibagger gains for its current investors. Leo Sun has positions in Amazon. The Motley Fool has positions in and recommends Amazon and Walmart. The Motley Fool has a disclosure policy. |
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Coupang, Inc. (CPNG) Registers a Bigger Fall Than the Market: Important Facts to Note | FMP Stock News | |
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Coupang, Inc. (CPNG - Free Report) closed at $17.06 in the latest trading session, marking a -3.94% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq lost 0.46%.The stock of company has risen by 7.9% in the past month, leading the Retail-Wholesale sector's loss of 5.64% and the S&P 500's loss of 1.4%. Market participants will be closely following the financial results of Coupang, Inc. in its upcoming release. The company is forecasted to report an EPS of -$0.14, showcasing a 800% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $8.93 billion, up 4.8% from the prior-year quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.17 per share and a revenue of $37.75 billion, representing changes of -241.67% and +9.31%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Coupang, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Coupang, Inc. boasts a Zacks Rank of #3 (Hold). The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. |
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Shoals Technologies Group Secures ITC Victory Upholding American Intellectual Property | FMP Stock News | |
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PORTLAND, Tenn., June 25, 2026 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical infrastructure solutions for the energy transition market, announced a decisive victory in its patent infringement action against Voltage, LLC (“Voltage”) after the U.S. International Trade Commission affirmed the Administrative Law Judge’s (ALJ) ruling. The decision delivers a final determination that Voltage violated Section 337 of the Tariff Act of 1930 by importing infringing LYNX trunk bus products into the United States.The ruling confirms that Shoals’ patented technology was improperly used and provides important validation of the company’s long-standing investment in innovation, engineering, and U.S.-based manufacturing. The decision reinforces the intent of Section 337 of the Tariff Act: to protect American intellectual property and ensure competition is governed by clear, enforced rules, particularly important in critical energy infrastructure. “We’re proud to defend American intellectual property and the innovators who design, invent, and manufacture in the U.S.,” said Brandon Moss, CEO of Shoals. “Protecting intellectual property is essential to securing America’s energy future, and we appreciate the ITC’s decision in reinforcing that. Shoals will continue to champion U.S. innovation and manufacturing by investing at home, protecting its intellectual property, and helping build a resilient American energy supply chain.” Shoals designs and manufactures its products in Tennessee and has made sustained investments in domestic innovation, advanced manufacturing, and workforce development, most recently proven by the announcement of the grand opening of their Mega facility in Portland, TN. Its patented technologies reflect decades of engineering expertise and continued commitment to American manufacturing leadership. Shoals emphasized that the outcome supports a level playing field across the industry, particularly as demand for solar and energy infrastructure continues to grow. Enforcing IP rights is essential to maintaining the incentives that drive innovation, quality, and safety, especially as foreign, low-cost manufacturers, seek to compete in the U.S. market. “Protecting American innovation is critical, not just for Shoals, but for the long-term competitiveness of U.S. energy infrastructure,” said Moss. “This ruling sends a clear message that intellectual property rights will be upheld, and that companies operating in this market must do so fairly.” As part of the final determination, the ITC issued a limited exclusion order that will restrict Voltage's ability to import the infringing product. This case now moves to the 60-day presidential review period. In order to sell their infringing product within the U.S. during that period, Voltage must put up a bond equal to 100% of the "entered value of the articles subject to the order." Shoals remains focused on delivering reliable, high-performance solutions to their customers while continuing to invest in domestic manufacturing and future product development. About Shoals Technologies Group Shoals Technologies Group is a leading manufacturer of advanced electrical infrastructure solutions for mission critical applications across utility scale solar, battery storage, and data center power systems. Since its founding in 1996, the Company has designed innovative technologies and systems solutions that allow its customers to substantially increase installation efficiency and safety while improving system performance and reliability at scale. Shoals Technologies Group is a recognized leader in the energy transition industry. For additional information, please visit: https://www.shoals.com. Forward-Looking Statements: This press release contains forward-looking statements. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws. Words, and variations of words, such as “will,” “may,” “expect,” “would,” “could,” “might,” “intend,” “plan,” “believe,” “likely,” “estimate,” “anticipate,” “objective,” “predict,” “project,” “drive,” “seek,” “aim,” “target,” “potential,” “commitment,” “outlook,” “continue,” “goal” or any other similar words are intended to identify our forward-looking statements. Although we believe that the expectations and assumptions reflected in any of our forward-looking statements are reasonable, actual results or outcomes could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in these forward-looking statements. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this presentation except as required by applicable law or regulation. For important information on forward-looking statements, please see our most recent earnings release for Q1 2026 on our investor website at https://investors.shoals.com. Media Relations Lindsey Williams, VP of Marketing and External Communications [email protected] Investor Relations Matt Tractenberg, VP of Finance and Investor Relations [email protected] |
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2026-06-25 18:50
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Cloudflare (NET) Increases Despite Market Slip: Here's What You Need to Know | FMP Stock News | |
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Cloudflare (NET - Free Report) closed the most recent trading day at $226.65, moving +1.42% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.Prior to today's trading, shares of the web security and content delivery company had gained 6.82% outpaced the Computer and Technology sector's loss of 2.57% and the S&P 500's loss of 1.4%. The investment community will be paying close attention to the earnings performance of Cloudflare in its upcoming release. The company's upcoming EPS is projected at $0.27, signifying a 28.57% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $665.42 million, showing a 29.88% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.2 per share and a revenue of $2.81 billion, signifying shifts of +29.03% and +29.72%, respectively, from the last year. Investors should also take note of any recent adjustments to analyst estimates for Cloudflare. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 400% rise in the Zacks Consensus EPS estimate. At present, Cloudflare boasts a Zacks Rank of #2 (Buy). Investors should also note Cloudflare's current valuation metrics, including its Forward P/E ratio of 185.62. This signifies a premium in comparison to the average Forward P/E of 18.07 for its industry. We can additionally observe that NET currently boasts a PEG ratio of 4.3. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.01. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 89, placing it within the top 37% of over 250 industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. |
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2026-06-25 23:59
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2026-06-25 19:15
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Halliburton (HAL) Ascends While Market Falls: Some Facts to Note | FMP Stock News | |
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In the latest trading session, Halliburton (HAL - Free Report) closed at $34.67, marking a +2.27% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.01% for the day. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, lost 0.46%.The stock of provider of drilling services to oil and gas operators has fallen by 14.39% in the past month, lagging the Oils-Energy sector's loss of 9.23% and the S&P 500's loss of 1.4%. The upcoming earnings release of Halliburton will be of great interest to investors. The company's earnings report is expected on July 21, 2026. The company's upcoming EPS is projected at $0.54, signifying a 1.82% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.48 billion, indicating a 0.5% decrease compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.34 per share and revenue of $22.23 billion. These totals would mark changes of -3.31% and +0.21%, respectively, from last year. It is also important to note the recent changes to analyst estimates for Halliburton. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Halliburton is carrying a Zacks Rank of #3 (Hold). In terms of valuation, Halliburton is currently trading at a Forward P/E ratio of 14.47. This signifies a discount in comparison to the average Forward P/E of 20.38 for its industry. Meanwhile, HAL's PEG ratio is currently 1.47. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Field Services industry had an average PEG ratio of 2.03 as trading concluded yesterday. The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 180, putting it in the bottom 27% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. |
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2026-06-25 23:58
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2026-06-25 18:13
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LUCID GROUP DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Lucid Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LCID | FMP Stock News | |
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NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the “Class Period”), of the important July 28, 2026 lead plaintiff deadline. SO WHAT: If you purchased Lucid 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 Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-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 July 28, 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, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid’s business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-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. 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 |
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2026-06-25 23:58
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2026-06-25 17:54
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of ZoomInfo Technologies Inc. Securities and Sets a Lead Plaintiff Deadline of August 24, 2026 | FMP Stock News | |
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NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of ZoomInfo Technologies Inc. (“ZoomInfo” or the “Company”) (NASDAQ: GTM) between November 3, 2025 and May 11, 2026, inclusive. You are hereby notified that the class action lawsuit Ivan Tejada v. ZoomInfo Technologies Inc., et al. (Case No. 2:26-cv-02211) has been commenced in the United States District Court for the Western District of Washington. To get more information go to: https://zlk.com/cases/zoominfo-technologies-inc-lawsuit-submission-form or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you. 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 ZoomInfo’s slowing growth, its legacy seat-based subscription platforms, and weakening customer retention in its downmarket segment. Further, the Company minimized concerns that customers were moving towards consumption-based usage models and developing internal AI-driven go-to-market solutions. On May 11, 2026, ZoomInfo announced its first quarter 2026 financial results, unveiling a sharp decline in growth outlook and accordingly lowered its 2026 full year financial guidance. Following this news, the price of ZoomInfo’s common stock declined dramatically from a closing market price of $6.04 per share on May 11, 2026, ZoomInfo’s stock price fell to $4.06 per share on May 12, 2026, a decline of about 33%. “Our firm is committed to ensuring that investors receive full compensation for losses caused by corporate misrepresentations,” said Joseph E. Levi, a partner at Levi & Korsinsky. “We encourage GTM shareholders to step forward before the August 24, 2026 deadline so we can pursue justice on their behalf.” If you suffered a loss in GTM securities, you have until August 24, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com |
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2026-06-25 23:58
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2026-06-25 18:03
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Upstart Publishes May 2026 UMI | FMP Stock News | |
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BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today updated the Upstart Macro Index (UMI) to include May 2026 data. For historical data and information about how the index is calculated, see upstart.com/umi.UMI rose to 1.49 in May from 1.43 in April and remains below the elevated levels observed in early 2024. While UMI is derived from Upstart-powered unsecured personal loans, broader macroeconomic trends can help contextualize recent movements in the index. The personal savings rate was 3.0% in May, flat with the level in April as an increase in disposable personal income (+0.7%) was offset by an uptick in consumer spending (+0.7%). The unemployment rate was 4.3% in May, flat with the prior two months. Revisions to UMI are posted weekly. Since our last monthly data release on May 28, 2026, UMI has been revised as follows: April revised from 1.46 to 1.43March revised from 1.37 to 1.38February remained at 1.35About the UMI The UMI estimates the impact of the macroeconomy on credit losses for Upstart-powered unsecured personal loans. UMI is expressed as a multiple of defaults relative to a static baseline due to macroeconomic changes. For example, a UMI of 1.25 for a given month suggests that the macro caused default rates to be 25% higher than the long-run average. Because Upstart’s risk models are regularly recalibrated to changing macroeconomic conditions, a UMI above 1.0 does not imply that loans are underperforming - and a UMI below 1.0 does not imply that loans are overperforming. Instead, Upstart’s risk models are regularly adjusted to conservatively account for the most recent trend in UMI. This calibration adjusts the loss assumptions and thereby the interest rates and approval rates for new loan originations on our marketplace. While we are not able to accurately forecast future macroeconomic conditions, UMI is designed to provide timely insights into how today’s macroeconomic environment impacts Upstart-powered loan portfolios. See upstart.com/umi for more information. About Upstart Upstart (NASDAQ: UPST) is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart’s AI models and cloud applications to deliver superior credit products. With Upstart AI, lenders can approve more borrowers at lower rates while delivering the exceptional digital-first experience customers demand. More than 90% of loans are fully automated, with no human intervention by Upstart. Founded in 2012, Upstart’s platform includes personal loans, automotive retail loans, home equity lines of credit, and Upstart’s new Cash Line product, a revolving line of credit. Upstart is based in Burlingame, California. Legal Disclaimer Past UMI performance can provide no assurance and is not indicative of future UMI results. UMI is based on historical data and Upstart’s analysis of the losses within Upstart-powered loan portfolios and is specific to Upstart’s borrower base. UMI is not intended to measure the macroeconomic risks in terms of losses of loan portfolios or asset classes that are not Upstart-powered loans, including loans held by other segments of the U.S. population. It is not designed to measure the current state of the overall economy or to measure or predict future macroeconomic conditions, trends or risks. It is also not designed to measure or predict the future performance of Upstart-powered loans or of Upstart’s other products, overall financial results of operations or stock price. We expect that our research and development efforts to improve UMI could result in changes or revisions to current or past UMI values. All forward-looking statements or information in this press release are subject to risks and uncertainties that may cause actual results to differ materially from those that Upstart expected. Any forward-looking statements or information are only as of the date hereof. Upstart undertakes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise. More information about these risks and uncertainties is provided in Upstart’s public filings with the Securities and Exchange Commission, copies of which may be obtained by visiting Upstart’s investor relations website at www.upstart.com or the SEC’s website at www.sec.gov. More News From Upstart Holdings, Inc. |
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2026-06-25 23:57
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2026-06-25 19:00
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Wix.com (WIX) Falls More Steeply Than Broader Market: What Investors Need to Know | FMP Stock News | |
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In the latest trading session, Wix.com (WIX - Free Report) closed at $41.72, marking a -2.07% move from the previous day. This change lagged the S&P 500's 0.01% loss on the day. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.Shares of the cloud-based web development company witnessed a loss of 20.31% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.57%, and the S&P 500's loss of 1.4%. Investors will be eagerly watching for the performance of Wix.com in its upcoming earnings disclosure. The company is predicted to post an EPS of $1.19, indicating a 47.81% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $557.09 million, indicating a 13.71% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $4.58 per share and revenue of $2.26 billion, which would represent changes of -37.43% and +13.53%, respectively, from the prior year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Wixcom. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 40.37% higher. Wix.com presently features a Zacks Rank of #3 (Hold). Looking at valuation, Wix.com is presently trading at a Forward P/E ratio of 9.31. Its industry sports an average Forward P/E of 12.65, so one might conclude that Wix.com is trading at a discount comparatively. Also, we should mention that WIX has a PEG ratio of 0.59. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Computers - IT Services industry held an average PEG ratio of 1.11. The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 150, putting it in the bottom 39% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. |
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2026-06-25 23:56
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2026-06-25 18:30
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Zoetis Deadline: ZTS Investors Have Opportunity to Lead Zoetis Inc. Securities Fraud Lawsuit | FMP Stock News | |
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, /PRNewswire/ --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, 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 hundreds of millions 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. 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 SOURCE THE ROSEN LAW FIRM, P. A. |
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2026-06-25 23:56
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2026-06-25 18:45
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TJX (TJX) Registers a Bigger Fall Than the Market: Important Facts to Note | FMP Stock News | |
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TJX (TJX - Free Report) closed the most recent trading day at $155.19, moving -6.04% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.01% for the day. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, lost 0.46%.Shares of the parent of T.J. Maxx, Marshalls and other stores witnessed a gain of 5.2% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 5.64%, and the S&P 500's loss of 1.4%. The investment community will be closely monitoring the performance of TJX in its forthcoming earnings report. The company is forecasted to report an EPS of $1.17, showcasing a 6.36% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $15.12 billion, indicating a 5.02% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $5.17 per share and revenue of $63.9 billion, which would represent changes of +9.3% and +5.85%, respectively, from the prior year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for TJX. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.28% rise in the Zacks Consensus EPS estimate. TJX presently features a Zacks Rank of #2 (Buy). Looking at its valuation, TJX is holding a Forward P/E ratio of 31.96. This signifies a premium in comparison to the average Forward P/E of 28.85 for its industry. Meanwhile, TJX's PEG ratio is currently 3.58. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TJX's industry had an average PEG ratio of 2.57 as of yesterday's close. The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 23, finds itself in the top 10% echelons of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. |
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2026-06-25 23:56
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2026-06-25 18:47
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Docusign Inc (DOCU) Shares Fall 4.0% -- What GF Score of 66 Tells Investors | FMP Stock News | |
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On June 25, 2026, Docusign Inc (DOCU) shares fell 4.0% to a current price of $42.46. This decline comes amid a challenging year for the company, with its stock |
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2026-06-25 23:54
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2026-06-25 19:00
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Carvana (CVNA) Sees a More Significant Dip Than Broader Market: Some Facts to Know | FMP Stock News | |
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In the latest close session, Carvana (CVNA - Free Report) was down 2.52% at $66.20. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq lost 0.46%.The stock of company has fallen by 6.97% in the past month, lagging the Retail-Wholesale sector's loss of 5.64% and the S&P 500's loss of 1.4%. The investment community will be paying close attention to the earnings performance of Carvana in its upcoming release. The company's upcoming EPS is projected at $0.42, signifying a 61.54% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $6.9 billion, showing a 42.6% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.58 per share and a revenue of $28.14 billion, signifying shifts of -6.51% and +38.46%, respectively, from the last year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Carvana. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Carvana currently has a Zacks Rank of #1 (Strong Buy). In terms of valuation, Carvana is currently trading at a Forward P/E ratio of 42.98. This denotes a premium relative to the industry average Forward P/E of 17.36. We can additionally observe that CVNA currently boasts a PEG ratio of 11.46. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry had an average PEG ratio of 1.06 as trading concluded yesterday. The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 104, placing it within the top 43% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. |
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2026-06-25 23:54
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2026-06-25 17:30
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Robinhood Closes Offering of $2.2 Billion of 0.00% Convertible Senior Notes Due 2029 | FMP Stock News | |
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June 25, 2026 17:30 ET | Source: Robinhood Markets, Inc.Transaction raised $2.2 billion, enhancing strategic flexibility to invest for future growth Approximately $290 million of proceeds used to repurchase outstanding Class A common stock $123.2 million of proceeds used to acquire capped calls intended to offset any share dilution elevating conversion price to $174.42 per share With the capped calls, Robinhood anticipates no net dilution from the transaction until its share price exceeds approximately $237.85 or an approximately 154% increase from today’s closing price. Factoring in the share repurchase, Robinhood anticipates no net dilution from the transaction until its share price exceeds $303.95 MENLO PARK, Calif., June 25, 2026 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced the closing of its previously announced private offering of $2.2 billion aggregate principal amount of its 0.00% convertible senior notes due 2029 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). The offering represents the aggregate of both the previously announced offering of $2.0 billion, as well as the full exercise of the $200 million option to purchase additional Notes granted by Robinhood to the initial purchasers of the Notes. “Our business continues to grow rapidly as we deliver industry-leading products to our customers,” said Shiv Verma, Robinhood Chief Financial Officer. “And this transaction gives us even more strategic flexibility to invest for future growth.” The net proceeds from the offering were approximately $2.169 billion, after deducting the initial purchasers’ discounts and estimated expenses payable by Robinhood. Robinhood used approximately $290 million of the net proceeds from the Offering to repurchase 2.743 million shares of its Class A common stock and $123.2 million of the net proceeds from the Offering to fund the costs of the capped call transactions described below. It intends to use the remainder of the net proceeds from the Offering, if any, for general corporate purposes, which may include organic growth investments, potential acquisitions and/or capital expenditures. In addition, following the Offering, Robinhood may repurchase additional shares of its Class A common stock pursuant to Robinhood’s stock repurchase program. The capped call transactions entered into in connection with the offering are expected to generally reduce potential dilution to the common stock upon conversion of the Notes or to offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, as the case may be, with the reduction or offset subject to a cap initially equal to approximately $237.85 per share (an approximately 125% premium to the closing price of Robinhood’s Class A common stock on the offering date of June 22, 2026). About Robinhood Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood, through its subsidiaries, lets you trade stocks, options, futures (which includes event contracts), and crypto, invest for retirement, earn with Robinhood Gold, and access an expert-managed portfolio with Robinhood Strategies. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com. Robinhood uses the “Overview” tab of its Investor Relations website (accessible at investors.robinhood.com/overview) and its Newsroom (accessible at newsroom.aboutrobinhood.com), as means of disclosing information to the public in a broad, non-exclusionary manner for purposes of the U.S. Securities and Exchange Commission (“SEC”) Regulation Fair Disclosure (Reg. FD). Investors should routinely monitor those web pages, in addition to Robinhood’s press releases, SEC filings, and public conference calls and webcasts, as information posted on them could be deemed to be material information. “Robinhood” and the Robinhood feather logo are registered trademarks of Robinhood Markets, Inc. All other names are trademarks and/or registered trademarks of their respective owners. Contacts Investor Relations [email protected] Media [email protected] Forward-Looking Statements This press release contains forward-looking statements regarding Robinhood and its consolidated subsidiaries (“we,” “Robinhood,” or the “Company”), including, but not limited to, statements regarding the anticipated effects of entering into the capped call transactions, and the intended use of the net proceeds from the Offering and the anticipated effects thereof. In some cases, you can identify forward-looking statements because they contain words such as “believe,” “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Our forward-looking statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause our actual future results, performance, or achievements to differ materially from any future results expressed or implied in this press release. Factors that contribute to the uncertain nature of our forward-looking statements include, among others, risks and uncertainties associated with market conditions, including market interest rates, the trading price and volatility of Robinhood’s Class A common stock and risks related to this Offering, and Robinhood’s business and operations and results of operations. Because some of these risks and uncertainties cannot be predicted or quantified and some are beyond our control, you should not rely on our forward-looking statements as predictions of future events. More information about potential risks and uncertainties that could affect our business and financial results can be found in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, as well as in our other filings with the SEC, all of which are available on the SEC’s web site at www.sec.gov. Moreover, we operate in a very competitive and rapidly changing environment; new risks and uncertainties may emerge from time to time, and it is not possible for us to predict all risks nor identify all uncertainties. The events and circumstances reflected in our forward-looking statements might not be achieved and actual results could differ materially from those projected in the forward-looking statements. Except as otherwise noted, all forward-looking statements in this press release are made as of the date of this press release, June 25, 2026, and are based on information and estimates available to us at this time. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Except as required by law, Robinhood assumes no obligation to update any of the statements in this press release whether as a result of any new information, future events, changed circumstances, or otherwise. You should read this press release with the understanding that our actual future results, performance, events, and circumstances might be materially different from what we expect. |
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2026-06-25 23:54
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2026-06-25 18:50
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Monday.com (MNDY) Declines More Than Market: Some Information for Investors | FMP Stock News | |
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Monday.com (MNDY - Free Report) closed the most recent trading day at $67.09, moving -5.4% from the previous trading session. This move lagged the S&P 500's daily loss of 0.01%. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, lost 0.46%.Prior to today's trading, shares of the project management software developer had lost 7.2% lagged the Computer and Technology sector's loss of 2.57% and the S&P 500's loss of 1.4%. Analysts and investors alike will be keeping a close eye on the performance of Monday.com in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.14, reflecting a 4.59% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $354.95 million, indicating a 18.71% increase compared to the same quarter of the previous year. MNDY's full-year Zacks Consensus Estimates are calling for earnings of $4.49 per share and revenue of $1.47 billion. These results would represent year-over-year changes of +2.05% and +19.34%, respectively. It is also important to note the recent changes to analyst estimates for Mondaycom. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Monday.com is holding a Zacks Rank of #3 (Hold) right now. In the context of valuation, Monday.com is at present trading with a Forward P/E ratio of 15.81. This valuation marks a discount compared to its industry average Forward P/E of 18.07. One should further note that MNDY currently holds a PEG ratio of 1.26. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 1.01. The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 89, which puts it in the top 37% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. |
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2026-06-25 23:49
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2026-06-25 19:00
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Louisiana-Pacific (LPX) Increases Despite Market Slip: Here's What You Need to Know | FMP Stock News | |
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Louisiana-Pacific (LPX - Free Report) ended the recent trading session at $81.60, demonstrating a +2.4% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.01% for the day. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq lost 0.46%.The stock of home construction supplier has risen by 5.91% in the past month, lagging the Construction sector's gain of 8.59% and overreaching the S&P 500's loss of 1.4%. Investors will be eagerly watching for the performance of Louisiana-Pacific in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.64, signifying a 35.35% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $683 million, reflecting a 9.54% fall from the equivalent quarter last year. LPX's full-year Zacks Consensus Estimates are calling for earnings of $2 per share and revenue of $2.57 billion. These results would represent year-over-year changes of -24.53% and -5%, respectively. It is also important to note the recent changes to analyst estimates for Louisiana-Pacific. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, Louisiana-Pacific holds a Zacks Rank of #4 (Sell). Looking at its valuation, Louisiana-Pacific is holding a Forward P/E ratio of 39.85. For comparison, its industry has an average Forward P/E of 29.2, which means Louisiana-Pacific is trading at a premium to the group. Investors should also note that LPX has a PEG ratio of 2 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Building Products - Wood was holding an average PEG ratio of 1.54 at yesterday's closing price. The Building Products - Wood industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 201, positioning it in the bottom 18% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. |
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2026-06-25 23:45
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2026-06-25 18:50
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Here's Why Enphase Energy (ENPH) Fell More Than Broader Market | FMP Stock News | |
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Enphase Energy (ENPH - Free Report) closed the most recent trading day at $47.21, moving -1.28% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.46%.The solar technology company's shares have seen a decrease of 31.96% over the last month, not keeping up with the Oils-Energy sector's loss of 9.23% and the S&P 500's loss of 1.4%. Market participants will be closely following the financial results of Enphase Energy in its upcoming release. It is anticipated that the company will report an EPS of $0.46, marking a 33.33% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $291.74 million, down 19.66% from the prior-year quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.12 per share and revenue of $1.23 billion, indicating changes of -28.38% and -16.78%, respectively, compared to the previous year. Investors should also note any recent changes to analyst estimates for Enphase Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Enphase Energy is currently a Zacks Rank #3 (Hold). Looking at its valuation, Enphase Energy is holding a Forward P/E ratio of 22.52. For comparison, its industry has an average Forward P/E of 22.52, which means Enphase Energy is trading at no noticeable deviation to the group. The Solar industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 176, placing it within the bottom 28% of over 250 industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. |
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2026-06-25 23:44
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2026-06-25 18:45
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A Look at Viasat Inc (VSAT) After 3.6% Decline -- GF Value $19.11 vs Price $60.00 | FMP Stock News | |
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On June 25, 2026, Viasat Inc (VSAT) shares fell 3.6% to a current price of $60.00. This decline is part of a broader downward trend, with shares down 19.5% over |
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2026-06-25 23:44
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2026-06-25 18:39
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Kratos Defense & Security Solutions Inc (KTOS) Shares Fall 3.4% -- What GF Score of 79 Tells Investors | FMP Stock News | |
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On June 25, 2026, Kratos Defense and Security Solutions Inc (KTOS) shares fell 3.4% to a current price of $46.32. This decline is part of a troubling trend, as th |
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2026-06-25 23:41
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2026-06-25 18:05
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AM Best Upgrades Issuer Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries | FMP Stock News | |
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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB]. At the same time, AM Best has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Berkley Insurance Company (Wilmington, DE) and its reinsured subsidiaries and affiliates, collectively referred to as W. R. Berkley Insurance Group (Berkley Group). AM Best also has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the FSR of A+ (Superior) of Berkley Life and Health Insurance Company (Berkley Life and Health) (Urbandale, IA). The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSRs is stable. (See below for a detailed list of the companies and ratings.)The Credit Ratings (ratings) of the Berkley Group reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM). The upgrading of the Long-Term ICRs reflects the Berkley Group’s improved balance sheet strength fundamentals, driven by strong underwriting results and a robust investment portfolio that are driving consistently strong returns, consistent organic surplus growth over the most recent 10-year period and its strong debt leverage. The Berkley Group’s balance sheet strength assessment is anchored by its strongest risk-adjusted capitalization as measured by Best’s Capital Adequacy Ratio (BCAR). Debt leverage has been consistently trending downward over the last five years and was 22.6, unadjusted as of year-end 2025. Interest coverage and liquidity metrics remain strong. The Berkley Group maintains a well-diversified investment portfolio to support its liabilities and is focused on creating the most favorable return, while maintaining its risk tolerance levels. The Berkley Group maintains a favorable market share in its core lines of business, as well as continuing to grow organically through new businesses and opportunities. The group’s strong operating results and profitability metrics point to agile underwriting and pricing discipline, as well as effective risk management expertise. The Berkley Group reported net premium growth across most of its core business in first-quarter 2026, with a GAAP return-on-equity (ROE) ratio of 22.1% and GAAP return-on-revenue of 16.5%. Berkley Group’s effective ERM practices and risk-modeling capabilities are supportive of its current investment and operational risks as demonstrated by its lack of volatility in its financial results and the enterprise’s overall capitalization. The stable outlooks of the FSRs reflect AM Best’s expectation that the group will maintain its balance sheet assessment in the strongest range over the intermediate term with strong operating results contributing to surplus growth. The ratings of Berkley Life and Health reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate ERM. The ratings also reflect the financial and operational support of the parent company. The upgrading of the Long-Term ICR reflects Berkley Life and Health’s improved operating performance fundamentals over the last five years, driven by steady organic premium revenue growth, consistent underwriting income, and strong return on equity and return on revenue. Berkley Life and Health’s balance sheet strength assessment is supported by its strongest level of risk-adjusted capitalization as measured by BCAR. The company maintained a BCAR in the strongest category while reporting favorable liquidity ratios and positive cash flow at year-end 2025. The company continues to hold a conservative, high-quality investment portfolio consisting of fixed-income securities and cash & short-term investments. Berkley Life and Health has grown net premiums written annually at an above average 14.1% compound annual growth rate over the last five years owing to new and renewal sales of its core medical stop-loss and group captive products. The company has reported sizable annual net underwriting income, which has trended upward during this period and has maintained a strong five-year average ROE and return-on-revenue above 18% at year-end 2025. Berkley Life and Health is a leader in the group captive market and maintains a niche in the small group medical stop-loss space. However, the medical stop-loss market remains highly competitive and is dominated by larger national carriers. Berkley Life and Health continues to benefit from explicit and implicit support provided by W. R. Berkley, and is fully integrated into the parent organization’s operations, strategic plans and ERM program. The Long-Term ICRs have been upgraded to “aa” (Superior) from “aa-” (Superior) while the FSR of A+ (Superior) has been affirmed, with the Long-Term ICR outlooks revised to stable from positive and the FSR outlook at stable for the following members of W. R. Berkley Insurance Group: Acadia Insurance Company Admiral Indemnity Company Admiral Insurance Company Berkley Casualty Company Berkley Assurance Company Berkley Insurance Company Berkley Luxury Insurance Company Berkley National Insurance Company Berkley Prestige Insurance Company Berkley Regional Insurance Company Berkley Specialty Insurance Company Carolina Casualty Insurance Company Clermont Insurance Company Continental Western Insurance Company Firemen’s Insurance Company of Washington, D.C. Gemini Insurance Company Great Divide Insurance Company Intrepid Casualty Company Intrepid Insurance Company Intrepid Specialty Insurance Company Key Risk Insurance Company Midwest Employers Casualty Company Nautilus Insurance Company Preferred Employers Insurance Company Queen’s Island Insurance Company, Ltd. Riverport Insurance Company StarNet Insurance Company Tri-State Insurance Company of Minnesota Union Insurance Company Union Standard Lloyds W. R. Berkley Europe AG Berkley International Seguros Mexico S.A. Berkley International Compania de Garantias Mexico, S.A. de C.V. The following Long-Term IRs have been upgraded with outlooks revised to stable from positive: W. R. Berkley Corporation— -- to “a” (Excellent) from “a-” (Excellent) on $250 million, 6.25% senior unsecured notes, due 2037 -- to “a” (Excellent) from “a-” (Excellent) on $350 million, 4.75% senior unsecured notes, due 2044 -- to “a” (Excellent) from “a-” (Excellent) on 470 million, 4.0% senior unsecured notes, due 2050 -- to “a” (Excellent) from “a-” (Excellent) on $400 million, 3.55% senior unsecured notes, due 2052 -- to “a” (Excellent) from “a-” (Excellent) on $350 million, 3.15% senior unsecured notes, due 2061 -- to “a-” (Excellent) from “bbb+” (Good) on $185 million, 5.7% subordinated debentures, due 2058 -- to “a-” (Excellent) from “bbb+” (Good) on $300 million, 5.1% subordinated debentures, due 2059 -- to “a-” (Excellent) from “bbb+” (Good) on $250 million, 4.25% subordinated debentures, due 2060 -- to “a-” (Excellent) from “bbb+” (Good) on $300 million, 4.125% subordinated debentures, due 2061 The following indicative Long-Term IRs under the shelf registration have been upgraded with outlooks revised to stable from positive: W. R. Berkley Corporation— -- to “a” (Excellent) from “a-” (Excellent) on senior unsecured debt -- to “a-” (Excellent) from “bbb+” (Good) on subordinated debt -- to “bbb+” (Good) from “bbb” (Good) on preferred stock W. R. Berkley Capital Trust III— -- to “bbb+” (Good) from “bbb” (Good) on preferred securities This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. |
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Why Berkshire Hathaway B (BRK.B) Dipped More Than Broader Market Today | FMP Stock News | |
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Berkshire Hathaway B (BRK.B - Free Report) closed at $487.83 in the latest trading session, marking a -1.41% move from the prior day. This change lagged the S&P 500's 0.01% loss on the day. On the other hand, the Dow registered a gain of 0.14%, and the technology-centric Nasdaq decreased by 0.46%.Shares of the company have appreciated by 3.1% over the course of the past month, outperforming the Finance sector's gain of 2.29%, and the S&P 500's loss of 1.4%. Analysts and investors alike will be keeping a close eye on the performance of Berkshire Hathaway B in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $5.53, reflecting a 6.96% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $95.3 billion, up 3.01% from the prior-year quarter. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $20.82 per share and a revenue of $385.6 billion, representing changes of +0.97% and +3.81%, respectively, from the prior year. Investors might also notice recent changes to analyst estimates for Berkshire Hathaway B. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.77% increase. Berkshire Hathaway B is currently sporting a Zacks Rank of #2 (Buy). Looking at valuation, Berkshire Hathaway B is presently trading at a Forward P/E ratio of 23.77. This signifies a premium in comparison to the average Forward P/E of 11.47 for its industry. The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 95, finds itself in the top 39% echelons of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. |
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A Look at AGCO Corp (AGCO) After 3.7% Gain -- GF Value $89.60 vs Price $118.86 | FMP Stock News | |
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On June 25, 2026, AGCO Corp (AGCO) shares rose 3.7% today to a current price of $118.86. The stock has experienced a 52-week range of $99.21 to $143.78, reflect |
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2026-06-25 19:15
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Akamai Technologies (AKAM) Declines More Than Market: Some Information for Investors | FMP Stock News | |
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Akamai Technologies (AKAM - Free Report) closed the most recent trading day at $112.89, moving -5.52% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.01% for the day. On the other hand, the Dow registered a gain of 0.14%, and the technology-centric Nasdaq decreased by 0.46%.Heading into today, shares of the cloud services provider had lost 17.28% over the past month, lagging the Computer and Technology sector's loss of 2.57% and the S&P 500's loss of 1.4%. Analysts and investors alike will be keeping a close eye on the performance of Akamai Technologies in its upcoming earnings disclosure. On that day, Akamai Technologies is projected to report earnings of $1.59 per share, which would represent a year-over-year decline of 8.09%. Our most recent consensus estimate is calling for quarterly revenue of $1.09 billion, up 4.75% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.76 per share and a revenue of $4.49 billion, indicating changes of -5.06% and +6.8%, respectively, from the former year. Investors should also take note of any recent adjustments to analyst estimates for Akamai Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.09% higher. As of now, Akamai Technologies holds a Zacks Rank of #5 (Strong Sell). With respect to valuation, Akamai Technologies is currently being traded at a Forward P/E ratio of 17.69. For comparison, its industry has an average Forward P/E of 14.42, which means Akamai Technologies is trading at a premium to the group. Meanwhile, AKAM's PEG ratio is currently 2.17. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Internet - Services stocks are, on average, holding a PEG ratio of 1.52 based on yesterday's closing prices. The Internet - Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 167, finds itself in the bottom 32% echelons of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow AKAM in the coming trading sessions, be sure to utilize Zacks.com. |
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2026-06-25 18:56
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MYR Group Inc (MYRG) Stock Up 3.7% but GF Value Says Overvalued -- GF Score: 83/100 | FMP Stock News | |
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On June 25, 2026, MYR Group Inc (MYRG) shares rose 3.7% today, bringing the current price to $487.33. The stock has experienced a strong price performance, trad |
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Microsoft’s MAI-Image-2.5 lands at #2 in image editing, #3 in text-to-image on global leaderboard | CoinGecko News | |
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Microsoft has a new image generation model, and it debuted near the top of the leaderboard. MAI-Image-2.5, announced June 2 by Microsoft AI’s Superintelligence team, ranks second in image editing and third in text-to-image generation on the Artificial Analysis Image Arena, a benchmark built on blind human preference votes.What the numbers actually say In text-to-image, MAI-Image-2.5 scores between 1253 and 1276 on the Elo scale, placing it third overall. In image editing, it posts an Elo score of 1251, good enough for second place. The gains over its predecessor, MAI-Image-2, are measurable and specific. MAI-Image-2.5 records a 107-point improvement in text rendering and a 90-point jump in cartoon, anime, and fantasy imagery on benchmark tests. Advertisement Microsoft released the model in two configurations. The standard MAI-Image-2.5 is the high-fidelity option, priced at $47 per million image output tokens. The MAI-Image-2.5-Flash variant trades some ceiling for speed, coming in at $19.50 per million tokens. Where it sits in the competitive landscape MAI-Image-2.5 outranks several Google Gemini image offerings and clears every prior Microsoft model on the Artificial Analysis leaderboard. OpenAI’s GPT Image 2 variants still sit above MAI-Image-2.5 on both rankings. Access for developers is live through Microsoft Foundry and through third-party platforms including OpenRouter. What this means for the market MAI-Image-2.5 powers image generation directly in PowerPoint and enables precise editing inside OneDrive, with safety guardrails built into both integrations. The pricing structure positions MAI-Image-2.5 for developer and enterprise workloads at scale. At $47 per million tokens for the full model and $19.50 for Flash, the model targets the enterprise buyer who runs volume and needs predictable costs. Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy. |
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2026-06-25 23:30
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2026-06-25 18:16
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ROSEN, LEADING TRIAL LAWYERS, Encourages The Ensign Group, Inc. Investors to Inquire About Securities Class Action Investigation - ENSG | FMP Stock News | |
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New York, New York--(Newsfile Corp. - June 25, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. WHAT IS THIS ABOUT: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result." On this news, Ensign's shares fell sharply in intraday trading on June 8, 2026. 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. 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. At the time 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. 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/302919 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. Contact Us |
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2026-06-25 23:30
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2026-06-25 18:45
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AppLovin (APP) Suffers a Larger Drop Than the General Market: Key Insights | FMP Stock News | |
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AppLovin (APP - Free Report) ended the recent trading session at $445.93, demonstrating a -4.09% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.Heading into today, shares of the mobile app technology company had lost 18.12% over the past month, lagging the Business Services sector's loss of 1.21% and the S&P 500's loss of 1.4%. The upcoming earnings release of AppLovin will be of great interest to investors. On that day, AppLovin is projected to report earnings of $3.7 per share, which would represent year-over-year growth of 63.72%. Alongside, our most recent consensus estimate is anticipating revenue of $1.94 billion, indicating a 54.14% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $15.86 per share and a revenue of $8.26 billion, demonstrating changes of +57.97% and +42.34%, respectively, from the preceding year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for AppLovin. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. AppLovin presently features a Zacks Rank of #3 (Hold). In terms of valuation, AppLovin is currently trading at a Forward P/E ratio of 29.32. This signifies a premium in comparison to the average Forward P/E of 15.61 for its industry. We can additionally observe that APP currently boasts a PEG ratio of 0.76. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Technology Services industry held an average PEG ratio of 1.4. The Technology Services industry is part of the Business Services sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 34% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. |
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2026-06-25 23:29
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2026-06-25 18:50
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Commvault Systems (CVLT) Advances While Market Declines: Some Information for Investors | FMP Stock News | |
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In the latest close session, Commvault Systems (CVLT - Free Report) was up +2.28% at $133.74. This move outpaced the S&P 500's daily loss of 0.01%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq lost 0.46%.Shares of the data-management software company witnessed a gain of 21.93% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.57%, and the S&P 500's loss of 1.4%. The upcoming earnings release of Commvault Systems will be of great interest to investors. The company is expected to report EPS of $1.16, up 14.85% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $311.03 million, up 10.3% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.19 per share and a revenue of $1.31 billion, indicating changes of +19.31% and +10.52%, respectively, from the former year. Investors might also notice recent changes to analyst estimates for Commvault Systems. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Commvault Systems is carrying a Zacks Rank of #3 (Hold). Digging into valuation, Commvault Systems currently has a Forward P/E ratio of 25.22. This valuation marks a premium compared to its industry average Forward P/E of 14.1. The Computer - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 162, which puts it in the bottom 34% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. |
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2026-06-25 23:29
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2026-06-25 18:59
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CVLT Deadline: CVLT Investors with Losses in Excess of $100K Have Opportunity to Lead Commvault Systems, Inc. Securities Fraud Lawsuit | FMP Stock News | |
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, /PRNewswire/ -- 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 SOURCE THE ROSEN LAW FIRM, P. A. |
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2026-06-25 23:29
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2026-06-25 17:34
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First Horizon Earns Recognition from the Dave Thomas Foundation for the 18th Year | FMP Stock News | |
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, /PRNewswire/ -- First Horizon (NYSE: FHN) announced today it has been recognized by the Dave Thomas Foundation with three honors. Those include being named one of the Top 100 Best Adoption Friendly Workplaces, a Certified Adoption Friendly Workplace and a Certified Foster Friendly Workplace.2026 marks the 14th year First Horizon has earned the Top 100 distinction and the 18th year being recognized as an Adoption Friendly Workplace. This is also the first year the company has been named a Certified Foster Friendly Workplace. First Horizon Earns Recognition from the Dave Thomas Foundation for the 18th Year "At First Horizon, we believe supporting our associates means recognizing the many paths families take to grow. Earning these honors from the Dave Thomas Foundation reflects our long-standing commitment to building a workplace where associates feel support in every season of life," said Tanya Hart, Senior Executive Vice President and Chief Human Resources Officer for First Horizon. "We're proud to offer benefits and resources that help make adoption and foster care more accessible for the families we serve within our company." About First Horizon First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com. SOURCE First Horizon Corporation |
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2026-06-25 17:12
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Alnylam Pharmaceuticals, Inc. (ALNY) Discusses ALN-6400 RNAi Therapy Targeting Plasminogen for Rare Bleeding Disorders Transcript | FMP Stock News | |
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Alnylam Pharmaceuticals, Inc. (ALNY) Discusses ALN-6400 RNAi Therapy Targeting Plasminogen for Rare Bleeding Disorders Transcript |
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2026-06-25 23:28
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2026-06-25 18:41
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Terex Corp (TEX) Stock Up 6.4% but GF Value Says Overvalued -- GF Score: 90/100 | FMP Stock News | |
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On June 25, 2026, Terex Corp (TEX) shares rose 6.4% to a current price of $74.58. This comes amid a strong performance over the past year, with the stock having |
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2026-06-25 23:27
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2026-06-25 19:15
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Itron (ITRI) Increases Despite Market Slip: Here's What You Need to Know | FMP Stock News | |
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Itron (ITRI - Free Report) closed the most recent trading day at $82.95, moving +1.64% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.01%. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, lost 0.46%.The energy and water meter company's shares have seen a decrease of 4.33% over the last month, not keeping up with the Computer and Technology sector's loss of 2.57% and the S&P 500's loss of 1.4%. Market participants will be closely following the financial results of Itron in its upcoming release. The company is predicted to post an EPS of $1.31, indicating a 19.14% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $564.72 million, down 6.93% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.01 per share and revenue of $2.38 billion, indicating changes of -15.71% and +0.34%, respectively, compared to the previous year. Investors should also note any recent changes to analyst estimates for Itron. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Itron presently features a Zacks Rank of #3 (Hold). In terms of valuation, Itron is presently being traded at a Forward P/E ratio of 13.59. For comparison, its industry has an average Forward P/E of 24.66, which means Itron is trading at a discount to the group. One should further note that ITRI currently holds a PEG ratio of 0.71. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Electronics - Testing Equipment industry had an average PEG ratio of 2.01 as trading concluded yesterday. The Electronics - Testing Equipment industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 7, this industry ranks in the top 3% of all industries, numbering over 250. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. |
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2026-06-25 23:25
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2026-06-25 18:45
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Why the Market Dipped But Marathon Petroleum (MPC) Gained Today | FMP Stock News | |
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In the latest close session, Marathon Petroleum (MPC - Free Report) was up +2.86% at $253.56. The stock exceeded the S&P 500, which registered a loss of 0.01% for the day. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.46%.Shares of the refiner witnessed a loss of 0.22% over the previous month, beating the performance of the Oils-Energy sector with its loss of 9.23%, and the S&P 500's loss of 1.4%. Investors will be eagerly watching for the performance of Marathon Petroleum in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. It is anticipated that the company will report an EPS of $13.11, marking a 231.06% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $34.87 billion, up 2.24% from the year-ago period. For the full year, the Zacks Consensus Estimates project earnings of $31.35 per share and a revenue of $144.77 billion, demonstrating changes of +192.99% and +7.06%, respectively, from the preceding year. It is also important to note the recent changes to analyst estimates for Marathon Petroleum. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.33% higher within the past month. At present, Marathon Petroleum boasts a Zacks Rank of #3 (Hold). Looking at valuation, Marathon Petroleum is presently trading at a Forward P/E ratio of 7.86. This expresses a discount compared to the average Forward P/E of 8.64 of its industry. Meanwhile, MPC's PEG ratio is currently 0.38. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Refining and Marketing industry had an average PEG ratio of 0.35 as trading concluded yesterday. The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 47, this industry ranks in the top 20% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. |
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2026-06-25 23:23
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2026-06-25 17:23
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Stock Market Today, June 25: Bio-Techne Surges After Merck KGaA Announces $73-Per-Share Cash Acquisition Offer | FMP Stock News | |
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Today's Change( 20.09 %) $ 11.82 Current Price $ 70.70 Bio-Techne (TECH +20.09%), a life science reagents, instruments, and bioprocessing tools provider, closed at $70.67, up 20.02%. Merck KGaA’s $73-per-share cash offer drove the move, and investors are watching the deal timetable and any updates on closing conditions. Trading volume reached 51.3M shares, coming in about 1,378% above its three-month average of 3.5M shares. How the markets moved todayThe S&P 500 (^GSPC 0.01%) finished at 7,357, down 0.01%, while the Nasdaq Composite (^IXIC 0.46%) closed at 25,359, down 0.46%. Among life sciences tools, reagents, instruments, and diagnostics/bioprocessing services peers, Danaher closed at $193.23, up 2.31%, and Repligen closed at $145.23, up 4.93%. What this means for investorsOne week after it was reported that activist investor Ananym Capital Management had built a stake in Bio-Techne and announced it would be pushing for the company to be sold, a $73-per-share deal from Merck KGaA came in, sending shares soaring. With TECH stock now near $71, it seems the market is optimistic the deal will go through, at a time when $419 billion in healthcare deals have already been completed in 2026 -- the most since 2021. Profitable and growing sales by 10% annually over the last decade, Bio-Techne will help reload Merck KGaA’s pipeline, adding “complementary strengths across research, bioprocessing, and advanced therapeutics.” The $70 billion acquirer believes it will achieve annualized cost synergies of over $150 million within three years, adding roughly 5% to its bottom line, based on last year’s net income of roughly $3 billion. Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Danaher. The Motley Fool recommends Repligen. The Motley Fool has a disclosure policy. |
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2026-06-25 23:20
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2026-06-25 18:44
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Commercial Metals Co (CMC) Stock Up 3.9% but GF Value Says Overvalued -- GF Score: 82/100 | FMP Stock News | |
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On June 25, 2026, Commercial Metals Co (CMC) shares rose 3.9% today, reaching a current price of $74.09. The stock has traded within a 52-week range of $48.14 t |
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2026-06-25 23:20
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2026-06-25 18:49
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Enpro Inc (NPO) Shares Surge 3.6% -- What GF Score of 63 Tells Investors | FMP Stock News | |
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On June 25, 2026, Enpro Inc (NPO) shares rose 3.6% to a current price of $380.22. This price is situated within a 52-week range of $186.38 to $390.42, reflectin |
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2026-06-25 23:20
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2026-06-25 16:41
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Why Barnes & Noble Education Stock Jumped 20% Today | FMP Stock News | |
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Shares of Barnes & Noble Education (BNED +20.13%) closed Thursday's trading 19.7% higher thanks to a mixed preliminary earnings report for Q4 2026. The stock is now up 128% from a deep dip last November, but it has only gained 14% over the last year.Image source: Getty Images. A mixed earnings bag with a silver lining The analyst consensus pointed to roughly $295 million in Q4 revenues with an adjusted net loss near $0.16 per share. Based on preliminary figures, Barnes & Noble Education expects approximately $263 million in top-line sales, down from $278.3 million in the year-ago period. On the bottom line, however, the quarter is shaping up to adjusted profits of at least $0.05 per share. So the quarter was a mixed bag, but the board of directors still saw it fit to start the dividend program. The first payout will be sent on July 30, at $0.08 per share. That works out to an annual yield of 2.4% if the company maintains the payout over the next four quarters. Today's Change ( 20.13 %) $ 2.25 Current Price $ 13.43 More than a bookstore, or so management claims The dividend news dropped during an Investor Day where CEO Jonathan Shar made one thing abundantly clear: Barnes & Noble Education would really prefer you stop thinking of it as "just a bookstore." The company now calls itself a "scaled B2B2C platform," which is corporate-speak for "we do a lot more than sell textbooks now." The centerpiece is First Day Complete, a program that bundles course materials into college tuition rather than asking for payment at the bookstore's register. It started with 14,000 students in 2019 and should reach 1.4 million by this fall. Management says only 36% of eligible campuses have converted so far, leaving plenty of room to grow. Whether that growth trajectory justifies the 128% rally from recent lows is another question entirely. Even now, the stock remains priced for absolute disaster at 0.3x trailing sales. I like the First Day Complete program, but the dividend announcement looks rushed. The company could find better uses for the dividend cash, such as paying down debt or expanding the First Day Complete program to more campuses. Anders Bylund 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. |
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2026-06-25 23:18
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2026-06-25 18:45
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Progressive (PGR) Declines More Than Market: Some Information for Investors | FMP Stock News | |
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In the latest close session, Progressive (PGR - Free Report) was down 2.25% at $215.54. The stock trailed the S&P 500, which registered a daily loss of 0.01%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.46%.The insurer's shares have seen an increase of 11.98% over the last month, surpassing the Finance sector's gain of 2.29% and the S&P 500's loss of 1.4%. The upcoming earnings release of Progressive will be of great interest to investors. The company's upcoming EPS is projected at $4.47, signifying a 8.40% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $23.12 billion, showing a 6.95% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates project earnings of $17.08 per share and a revenue of $92.89 billion, demonstrating changes of -6.41% and +6.84%, respectively, from the preceding year. It is also important to note the recent changes to analyst estimates for Progressive. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 4.36% rise in the Zacks Consensus EPS estimate. Currently, Progressive is carrying a Zacks Rank of #3 (Hold). With respect to valuation, Progressive is currently being traded at a Forward P/E ratio of 12.91. This indicates a premium in contrast to its industry's Forward P/E of 11.47. We can also see that PGR currently has a PEG ratio of 6.69. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Insurance - Property and Casualty industry was having an average PEG ratio of 2.42. The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 95, putting it in the top 39% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. |
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2026-06-25 23:17
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2026-06-25 18:33
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LANCASTER AVENUE 21ST COMMUNITY DEVELOPMENT CORPORATION RECEIVES TRUIST FOUNDATION SUPPORT TO STRENGTHEN SMALL BUSINESS INITIATIVE AND PHILADELPHIA ENTREPRENEURS | FMP Stock News | |
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Expanding access to coaching, business systems, capital readiness, and AI-powered business support for Philadelphia entrepreneurs June 25, 2026 18:33 ET | Source: Lancaster Avenue 21st Century Business AssociationPhiladelphia, PA, June 25, 2026 (GLOBE NEWSWIRE) -- Lancaster Avenue 21st Century Business Association Community Development Corporation (LA21-CDC) is proud to announce grant support from Truist Foundation to expand its Small Business Sustainability Initiative, a comprehensive program designed to help entrepreneurs strengthen their businesses, improve financial readiness, adopt emerging technologies, and build long-term sustainability in today's evolving economy. The initiative provides small business owners with a structured pathway for growth by combining strategic planning, technical assistance, coaching, accountability, capital readiness support, and practical applications of artificial intelligence. Through this approach, entrepreneurs gain the tools and guidance needed to strengthen operations, improve decision-making, increase visibility, and position their businesses for sustainable growth. “At Truist, our purpose is to inspire and build better lives and communities, and that comes to life through partnerships with nonprofits like Lancaster Avenue 21st Century Business Association Community Development Corporation,” said Truist Pennsylvania and New Jersey Regional President Lindsey Stampone. “We’re proud to support this work to help small businesses build capacity, embrace new tools, and create lasting opportunities for entrepreneurs and the communities they serve.” The Small Business Sustainability Initiative builds upon LA21-CDC's ongoing efforts to support entrepreneurs throughout Philadelphia with practical resources that move beyond traditional training and focus on implementation, measurable outcomes, and long-term business resilience. "Small business owners are navigating an economy that is changing faster than ever before. Success today requires more than hard work, it requires access to the right systems, strategies, and tools. This initiative allows us to combine proven business development methodologies with practical applications of artificial intelligence to help entrepreneurs improve productivity, strengthen decision-making, streamline operations, and build businesses that are prepared for future growth," said President & CEO, LA21-CDC Kwaku Boateng. Participating businesses will receive support in areas including business planning, operational systems, customer engagement, digital presence, financial management, marketing, and capital readiness. The program is designed to help entrepreneurs build stronger foundations while creating opportunities for increased revenue, business growth, and job creation within their communities. About Lancaster Avenue 21st Century Business Association Community Development Corporation Lancaster Avenue 21st Century Business Association Community Development Corporation (LA21-CDC) is dedicated to strengthening entrepreneurs, supporting small business growth, and advancing economic development throughout Philadelphia. Through corridor management, business training, technical assistance, coaching, capital readiness programming, and strategic partnerships, LA21-CDC helps entrepreneurs launch, grow, and sustain successful businesses that contribute to vibrant communities and local economic opportunity. Learn more at La21philly.org. About Truist Foundation Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. The Foundation, an endowed private foundation established in 2020 whose operating budget is independent of Truist Financial Corporation, makes strategic investments in a wide variety of nonprofit organizations centered around two focus areas: building career pathways to economic mobility and strengthening small businesses to ensure all communities have an opportunity to thrive. Embodying these focus areas are the Foundation's leading initiatives – the Inspire Awards and Where It Starts. Learn more at Truistfoundation.org. Press Inquiries Zakia Ringgold zringgold [at] la21philly.org 267-640-7746 https://la21philly.org 3500 Lancaster Avenue Philadelphia PA 19104 |
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