Track market-moving stories before they get noisy

Shares of Cardinal Health (CAH - Free Report) have been strong performers lately, with the stock up 16.6% over the past month. The stock hit a new 52-week high of $235.71 in the previous session. Cardinal has gained 13.4% since the start of the year compared to the -2.7% move for the Zacks Medical sector and the -3.6% return for the Zacks Medical - Dental Supplies industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 30, 2026, Cardinal reported EPS of $3.17 versus consensus estimate of $2.8 while it missed the consensus revenue estimate by 2.27%.

For the current fiscal year, Cardinal is expected to post earnings of $10.76 per share on $256.24 in revenues. This represents a 30.58% change in EPS on a 15.12% change in revenues. For the next fiscal year, the company is expected to earn $11.98 per share on $278.75 in revenues. This represents a year-over-year change of 11.29% and 8.79%, respectively.

Valuation MetricsCardinal may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

Cardinal has a Value Score of A. The stock's Growth and Momentum Scores are A and C, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 21.7X current fiscal year EPS estimates, which is a premium to the peer industry average of 16X. On a trailing cash flow basis, the stock currently trades at 20X versus its peer group's average of 11.6X. Additionally, the stock has a PEG ratio of 1.27. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Cardinal an interesting choice for value investors.

Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Cardinal currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Cardinal passes the test. Thus, it seems as though Cardinal shares could have a bit more room to run in the near term.

How Does CAH Stack Up to the Competition?Shares of CAH have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Align Technology, Inc. (ALGN - Free Report) . ALGN has a Zacks Rank of #2 (Buy) and a Value Score of B, a Growth Score of B, and a Momentum Score of B.

Earnings were strong last quarter. Align Technology, Inc. beat our consensus estimate by 14.16%, and for the current fiscal year, ALGN is expected to post earnings of $11.36 per share on revenue of $4.19 billion.

Shares of Align Technology, Inc. have gained 4.9% over the past month, and currently trade at a forward P/E of 15.04X and a P/CF of 14.4X.

The Medical - Dental Supplies industry is in the top 35% of all the industries we have in our universe, so it looks like there are some nice tailwinds for CAH and ALGN, even beyond their own solid fundamental situation.

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-05128, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired Lucid securities during the Class Period, you have until July 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, 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.

[Click here for information about joining the class action]

Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles, EV powertrains, and battery systems. The Company's products include, inter alia, the "Lucid Air" sedan and "Lucid Gravity" sport utility vehicle.

At all relevant times, Defendants touted purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations. In particular, beginning in late-February 2026, Defendants represented that, in fiscal year ("FY") 2025, they had implemented sustainable improvements in these areas, including with respect to the production and ramp-up of deliveries of the Lucid Gravity. Defendants likewise asserted that these improvements would lead to profitable growth and performance efficiencies in FY 2026. Unbeknownst to investors, however, Lucid's performance was materially hampered by significant supplier and delivery issues in February 2026, putting the Company on track for dismal, rather than improved, performance in its first quarter ("Q1") of 2026.

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.

The truth began to emerge on April 3, 2026, when Lucid issued a press release "announc[ing its Q1 2026] production and delivery totals[.]" Lucid revealed that it had "produced 5,500 vehicles" during Q1 2026, while only "deliver[ing] 3,093 vehicles." The press release further disclosed that, "[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats" and, "[a]s a result of this, the company's ability to meet customer demand was impacted."

The same day, Reuters published an article entitled "Lucid misses first-quarter vehicle delivery estimates on supplier disruptions". The article provided additional color and comments from Defendant Marc Winterhoff ("Winterhoff"), the Company's Interim Chief Executive Officer ("CEO"), regarding Lucid's disappointing Q1 2026 delivery results—most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced.

The next trading day, April 6, 2026, 24/7 Wall St. published an article entitled "Lucid Faces Biggest Disaster Ever", which described the number of vehicles that Lucid delivered in Q1 2026 as "remarkably small", stating that Lucid "cannot sell fewer than 4,000 vehicles and even pretend this is sustainable." 

Following the foregoing news and disclosures, Lucid's stock price fell $1.13 per share, or 11.35%, over the following two trading sessions, to close at $8.83 per share on April 7, 2026.

On April 14, 2026, Lucid filed a current report on Form 8-K with the United States Securities and Exchange Commission ("U.S."), reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion.

The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering.

Following these disclosures, Lucid's stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.

Then, on May 5, 2026, Lucid issued a press release reporting its Q1 2026 financial results, including GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million. Defendant Winterhoff, as quoted in the press release, acknowledged that the previously disclosed "supplier issue . . . during the quarter had an impact," and the need to "align[] production and delivery with customer demand." Lucid's Chief Financial Officer, Defendant Taoufiq Boussaid, as quoted in the same press release, likewise acknowledged that "[w]e ended the quarter with elevated inventory that we expect to convert to revenue and cash as deliveries normalize[.]"

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 billions of dollars in 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

Key Takeaways FCEL is drawing attention as AI and data-center power demand lifts its commercial pipeline.Data centers made up more than 80% of FCEL's pipeline and 89% of second-quarter proposals.FCEL's margin case depends on lifting production from the low-30-MW range toward 100 MW. FuelCell Energy (FCEL - Free Report) is drawing investor attention as power demand from artificial intelligence and high-density data centers rises.

The central question is whether that commercial momentum can translate into signed orders, higher production and narrower losses. FCEL’s pipeline has expanded, but profitability and backlog trends still keep the stock story balanced.

FCEL Pushes Deeper Into AI PowerData centers have become FCEL’s clearest growth target. By early 2026, more than 80% of its commercial pipeline was tied to data centers, and about 89% of second-quarter proposals were linked to that market.

Image Source: FuelCell Energy

The appeal rests on behind-the-meter baseload power. FCEL’s standardized 12.5-megawatt FuelCell Energy Block is designed to reduce repeat engineering and permitting work while helping projects move faster in grid-constrained markets.

Bloom Energy (BE - Free Report) is relevant to the same theme, as its fuel cell systems also address on-site power needs for data centers. Enphase Energy (ENPH - Free Report) fits the broader distributed-energy backdrop through solar, battery storage and energy-management offerings.

FuelCell Energy Has Near-Term Revenue HooksKorea module deliveries give FCEL a nearer-term revenue bridge while larger data-center opportunities remain in negotiation. Scheduled shipments to Gyeonggi Green Energy helped lift second-quarter product revenues to $18 million.

Additional Korea-related deployments are expected through the rest of fiscal 2026. These shipments should support second-half product revenues, while related long-term service agreements could extend recurring revenue opportunities into fiscal 2027 and beyond.

FCEL Sees Scale as the Margin UnlockFCEL’s margin case depends heavily on manufacturing scale. The company has begun expanding its Torrington, CT, facility and is targeting annualized production capacity of up to 500 megawatts.

Management has linked adjusted EBITDA positivity to consistent annualized production at or above 100 megawatts. Current production is roughly in the low-30-megawatt range, which leaves cost absorption well below the level needed for sustained improvement.

Automation and process efficiency remain central to the plan. The company has started work on a high-volume tape caster and other capacity additions, with expansion spending expected to total $200-$275 million over about 24 months.

FuelCell Energy Still Faces Real ObstaclesThe growth narrative is not yet matched by contracted visibility. Backlog declined 9.9% year over year to $1.14 billion as of April 30, 2026, reflecting revenue burn-off that was only partly offset by new contract backlog.

The 4-gigawatt pipeline signals demand, but it is not the same as signed business. FCEL defines pipeline as commercial discussions ranging from solutions discussions to contract negotiation, and there is no assurance these opportunities become contracts or sales.

Losses also remain a major issue. In the second quarter of fiscal 2026, FCEL posted a gross loss of $12.9 million, a loss from operations of $77.9 million and adjusted EBITDA of negative $17.1 million.

Image Source: FuelCell Energy

FCEL Signals a Mixed Stock SetupThe bottom line is that FCEL offers a cleaner growth setup than it did when data-center demand was a smaller part of the story, but execution still matters more than pipeline size. Investors need to see proposals convert into backlog and production rise enough to improve margins.

FCEL currently carries a Zacks Rank #2 (Buy), which points to favorable near-term earnings estimate trends. Its Style Scores are less convincing, with a Growth Score of B offset by a Value Score of F, Momentum Score of D and VGM Score of D.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

That combination supports a nuanced view. The Zacks Rank reflects improving expectations, while the weak Value, Momentum and VGM scores suggest the stock does not offer a clean across-the-board profile despite the Growth Score of B.

Key Takeaways DELL trades at a lower forward valuation than SNDK despite its broader enterprise reach.DELL's record AI backlog and expanding AI ecosystem support continued infrastructure growth. SNDK's multiyear customer agreements improve revenue visibility and reduce NAND market volatility. SanDisk Corporation (SNDK - Free Report) and Dell Technologies (DELL - Free Report) are both prominent participants in the AI infrastructure buildout. SanDisk supplies flash memory and storage that increasingly underpins AI data center capacity, while Dell integrates compute, storage and networking into AI-ready systems deployed across those same data centers. Both companies are exposed to the storage side of this buildout, even as they sit at different layers of the stack.

As enterprises continue committing capital toward AI infrastructure, both companies are well-positioned to benefit from rising demand. Let's delve deep to determine which stock is a better buy.

The Case for SNDKSandisk makes NAND flash memory, built on its BiCS8 technology platform. As AI systems grow bigger, they need to hold more information while working, and NAND flash has become the cheapest way to give them that storage at scale.

SNDK’s revenues for the third quarter of fiscal 2026 jumped to $5.95 billion, up 251% from a year earlier, while gross margin expanded to 78.4% from 51.1% in the prior quarter as the AI data center segment grew at 233% sequentially. The quarter also brought a push to secure future supply, with Sandisk extending its Kioxia manufacturing joint venture through December 2034 and investing $1 billion in Nanya Technology for DRAM access, pointing to demand that extends well beyond the current upcycle.

Under its New Business Model framework, Sandisk has signed five multiyear deals, some running as long as five years, guaranteeing $42 billion in future revenues and backed by $11 billion in financial guarantees. These contracts mix fixed and variable pricing and already cover more than a third of expected bit shipments in fiscal 2027, reducing exposure to the boom and bust cycles that have long defined the NAND industry.

The Zacks Consensus Estimate for fiscal 2026 revenues is pegged at $19.42 billion, implying growth of 163.99%, while the consensus mark for EPS is pegged at $65.68 compared with $2.99 in fiscal 2025, revised up by 1.32% over the past 30 days.

The Case for DELLDell integrates AI-optimized servers with enterprise storage systems such as PowerStore, PowerScale, PowerMax and ObjectScale into deployable AI factory solutions, capturing both compute and storage dollars in an AI deployment, reinforced by an expanding partner ecosystem that includes NVIDIA, Google Cloud and OpenAI.

DELL's revenues for the first quarter of fiscal 2027 jumped to $43.84 billion, up 88% from a year earlier, driven by the Infrastructure Solutions Group, which grew 181% to $29.01 billion as AI server revenues reached $16.1 billion on $24.4 billion of new orders. The gap between orders and revenue points to demand running ahead of what Dell can ship, a sign of pricing power.

Dell's AI backlog sits at a record $51.3 billion, reflecting memory chips as the binding constraint, pushing customers to lock in capacity well ahead of need. Fiscal 2027 revenues are expected to be between $165 billion and $169 billion, with AI-optimized server revenues near $60 billion, indicating that growth from here depends less on winning new orders and more on working through demand already locked in, while a forward pipeline that still runs ahead of the backlog points to more orders to come.

The Zacks Consensus Estimate for fiscal 2027 revenues is pegged at $167.29 billion, implying growth of 47.35%, while the consensus mark for EPS is pegged at $18.66 versus $10.30 in fiscal 2026, revised up 42.2% over the past 30 days.

SNDK vs. DELL: Price Performance and ValuationYear to date, shares of DELL have jumped 244.8%, trailing SNDK's 706.5% return. Both stocks have benefited from strong AI infrastructure demand, with Sandisk's gain led by a tight NAND supply environment and a string of new multiyear pricing contracts and Dell's supported by its broader AI server, storage and PC portfolio.

SNDK vs. DELL: YTD Performance
Image Source: Zacks Investment Research

SNDK currently trades at a forward 12-month price to sales (P/S) multiple of 6.25X, well above DELL's 1.63X. Sandisk's premium to Dell appears difficult to justify given Dell's larger AI backlog, broader enterprise reach and a growing AI factory partner ecosystem spanning compute, storage and PCs.

SNDK vs. DELL: Forward 12-Month P/S Valuation
Image Source: Zacks Investment Research

ConclusionBoth Dell and Sandisk are well-positioned to capitalize on the broader AI infrastructure buildout. While Sandisk continues to deliver explosive growth tied to tight NAND pricing and data center demand, Dell has significantly strengthened its position through a record AI backlog and an expanding AI factory ecosystem spanning servers, storage and PCs. Given its larger and more diversified revenue base, lower valuation and broader enterprise reach, DELL appears to offer a more compelling investment opportunity than SNDK.

DELL and SNDK sport a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today's Zacks #1 Rank stocks here.

June 25, 2026 09:00 ET  | Source: Applied Materials, Inc.

Innovations spanning DRAM and advanced packaging enable the 3D architectures behind cutting-edge AI chipsA new epitaxy system optimized for DRAM fabs adds a critical logic-class step—boosting memory speed and efficiency while maximizing output within tight fab footprint and supply constraints New CMP and deposition systems target the most critical advanced packaging steps, delivering higher-yield chip stacking for HBM and logicNew eBeam systems bring wafer-fab-grade metrology and defect review to advanced packaging, optimized to handle the unique challenges these packages present SANTA CLARA, Calif., June 25, 2026 (GLOBE NEWSWIRE) -- Applied Materials, Inc., the leader in materials engineering for the semiconductor industry, today introduced a suite of new chipmaking systems for building the advanced 3D chip architectures that power next-generation AI.

AI compute is increasingly constrained by memory, as model scale and data movement demands outpace gains in bandwidth, capacity and energy efficiency. This growing “memory wall” is accelerating adoption of advanced packaging architectures, including high bandwidth memory (HBM) and 3D stacking. These technologies deliver step-change improvements in bandwidth and efficiency but introduce new challenges in process complexity. Applied is enabling this transition with a materials engineering portfolio spanning DRAM, advanced packaging and process control, extending its leadership across each domain to help customers bring a new generation of AI chips to production faster and at higher yield.

Enhanced Epitaxy Brings Logic-Class Technology to Next-Generation DRAM

Epitaxy has been used for years in leading-edge logic, where precision growth of a crystalline material in the transistor channel has boosted performance well beyond what geometric scaling alone can deliver. Those same techniques are now becoming critical in DRAM peripheral transistors. Applied pioneered silicon germanium epitaxy in transistor channels more than a decade ago with its Centura™ Prime™ Epi system.

Enhanced Centura™ Prime™ Epi
Applied is now introducing an enhanced Centura™ Prime™ Epi system that selectively grows doped silicon germanium and silicon phosphorous in source/drain regions, combining advanced strain engineering with precise doping control. The result is higher drive current and transistor efficiency, enabling faster, more power-efficient DRAM operation—essential for the bandwidth demands of HBM and next-generation DDR. The new system also features a 20% smaller footprint, enabling higher tool density and faster capacity scaling in DRAM fabs.

“The transistor and materials technologies that drove performance gains in leading-edge logic are now becoming essential in DRAM,” said Dr. Prabu Raja, President of the Semiconductor Products Group at Applied Materials. “As DRAM scales to meet the bandwidth demands of HBM and AI workloads, the distinction between logic and memory process technology is converging. By leveraging our epitaxy leadership in leading-edge logic, Applied is uniquely positioned to drive this transition in DRAM.”

New CMP and Deposition Systems Target the Most Critical Advanced Packaging Steps

In recent years, advanced packaging has become as strategically important to the computing industry as on-chip transistor scaling. Modern AI server chips pack trillions of transistors by integrating multiple dies into a single package. HBM is a leading example of this approach, stacking DRAM chips on top of one another and connecting them with through-silicon vias (TSVs). Applied is the leader in process equipment for advanced packaging, including systems covering the majority of materials engineering steps required to create the TSVs, copper pillars and microbumps that connect stacked dies. Today, Applied is introducing three new systems targeting the most critical advanced packaging process steps.

Opta™ Quad CMP
Leveraging Applied’s leadership position in chemical mechanical planarization (CMP), the Opta™ Quad platform is engineered specifically for advanced packaging, where thicker films, longer polish times and tighter tolerances raise the risk of non-uniformity and yield loss. Opta Quad continuously monitors wafer conditions during polish and dynamically adjusts in real time, improving within-wafer uniformity and total thickness variation control. This is particularly critical for hybrid bonding—an emerging 3D stacking technology in which copper wiring and surrounding dielectrics from two chips are fused together in a single step, requiring near-perfect surface planarity for high-yield results.

Nokota™ VMax™ 2 ECD
As 3D stacks scale, uneven interconnects can leave gaps that prevent reliable contact between layers. Ensuring the TSVs and microbumps are leveled across the entire wafer becomes critical to stacking yield. Nokota™ VMax™ 2 is an electrochemical deposition (ECD) system engineered for high-precision copper plating across a broad range of applications for next-generation packaging, from TSV fill for 3D stacking to fine-pitch interconnects such as microbump formation. Nokota VMax 2 introduces Adaptive Pattern Tuning (APT), which dynamically shapes the electric field to correct for layout-driven variation and improve plating uniformity across the wafer.

Producer™ Avila™ 2 PECVD
To fit more layers into a stack, HBM dies are thinned to roughly 1/25th the thickness of a standard wafer, making them prone to warpage and deformation. These effects compound as layers are added, increasing the risk of bonding failure and yield loss. Producer™ Avila™ 2 is a plasma-enhanced chemical vapor deposition (PECVD) system that improves the mechanical stability of ultra-thin DRAM dies by depositing stress-balanced dielectric films around TSVs, enabling reliable stacking of 12, 16, and future high-layer-count HBM designs. In addition to HBM, the system supports a range of advanced memory and logic integration schemes.

“Advanced packaging has become a primary driver of system-level performance, and the complexity of next-generation 3D architectures demands new levels of precision across every process step,” Raja said. “Applied’s leadership in dielectric CVD, ECD and CMP—combined with deep process integration expertise—gives customers the tools they need to scale 3D stacks reliably and at yield.”

New eBeam Systems Bring Wafer-Fab Process Control to Advanced Packaging

Advanced packaging fabs are encountering defect and metrology challenges once exclusively found in wafer fabs. Feature dimensions have shrunk below the resolution limit of optical inspection tools, and particles that were tolerable with larger bumps now impact yield. A single defect can require scrapping an entire HBM stack, elevating process control to a strategic priority. Applied is extending its eBeam leadership with two new systems specifically designed for advanced packaging—both engineered to handle a wide range of substrate geometries and materials.

VeritySEM™ 7AP CD Metrology
The latest in Applied’s VeritySEM™ portfolio for critical dimension (CD) metrology, VeritySEM™ 7AP enables precise measurement of features on thick, heterogeneous, and highly warped substrates common in HBM and chiplet architectures. VeritySEM AP systems automatically reconfigure to support a range of sizes and materials, while delivering sub-10nm sensitivity—orders of magnitude better than optical tools.

SEMVision™ G7AP Defect Analysis
SEMVision™ is the industry’s leading eBeam defect analysis platform. SEMVision™ G7AP extends Applied’s leadership into advanced packaging, enabling high-resolution defect review and automated classification across silicon, organic, and glass substrates. The system can accelerate yield learning by helping customers quickly distinguish critical defects from nuisance signals. SEMVision G7AP is already in production at leading memory and logic manufacturers supporting high-volume advanced packaging.

“Applied has been at the forefront of eBeam technology for decades,” said Keith Wells, Group Vice President and General Manager of the Imaging and Process Control Group at Applied Materials. “As advanced packaging geometries scale below the resolution limit of optical tools, packaging fabs need eBeam-grade precision to both redetect and classify the defects. In developing the VeritySEM 7AP and SEMVision G7AP tools, Applied is transferring proven wafer fab expertise into packaging—purpose-built for the substrates and defect challenges of 3D architectures.”

A media kit with additional information on the new systems is available on the Applied Materials website. Further details about Applied’s advanced technologies will be provided at the company’s DRAM and Advanced Packaging Master Class being held later today.

About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at www.appliedmaterials.com.

Contact:
Ricky Gradwohl (Media) 408.235.4676
Mike Sullivan (Financial Community) 408.986.7977

PARSIPPANY, N.J.--(BUSINESS WIRE)---- $ZTS #animalhealth--Zoetis Inc. (NYSE:ZTS) will host a webcast and conference call at 8:30 a.m. (ET) on Thursday, August 6, 2026. Chief Executive Officer Kristin Peck and Executive Vice President and Chief Financial Officer Wetteny Joseph will review second quarter 2026 financial results and respond to questions from financial analysts. Investors and the public may access the live webcast and corresponding slides by visiting the Zoetis website at https://investor.zoetis.com/event.

INDIANAPOLIS--(BUSINESS WIRE)--The No Surprises Act was created to protect patients from unexpected medical bills. While those patient protections are working, new research from the Elevance Health Public Policy Institute suggests that the law's payment dispute process is producing unexpected results for some planned medical procedures. The findings come as federal IDR volume has grown far beyond initial projections, raising concerns that a process intended as a limited payment-dispute backstop.

DocuSign (DOCU - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this provider of electronic signature technology have returned -8.7%, compared to the Zacks S&P 500 composite's -1.4% change. During this period, the Zacks Internet - Software industry, which DocuSign falls in, has lost 5.9%. The key question now is: What could be the stock's future direction?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

DocuSign is expected to post earnings of $1.08 per share for the current quarter, representing a year-over-year change of +17.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +11.7%.

For the current fiscal year, the consensus earnings estimate of $4.53 points to a change of +18% from the prior year. Over the last 30 days, this estimate has changed +12.4%.

For the next fiscal year, the consensus earnings estimate of $5.11 indicates a change of +12.9% from what DocuSign is expected to report a year ago. Over the past month, the estimate has changed +1.6%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, DocuSign is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

In the case of DocuSign, the consensus sales estimate of $867.9 million for the current quarter points to a year-over-year change of +8.4%. The $3.49 billion and $3.77 billion estimates for the current and next fiscal years indicate changes of +8.5% and +7.8%, respectively.

Last Reported Results and Surprise HistoryDocuSign reported revenues of $830.23 million in the last reported quarter, representing a year-over-year change of +8.7%. EPS of $1.09 for the same period compares with $0.9 a year ago.

Compared to the Zacks Consensus Estimate of $824.75 million, the reported revenues represent a surprise of +0.67%. The EPS surprise was +9%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

DocuSign is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about DocuSign. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Yet while SanDisk has delivered the biggest gains, Micron still appears to be the cheapest of the three on several valuation metrics.

SanDisk Leads The Rally, But Micron Isn’t Far BehindSanDisk has been the standout performer, soaring over 600% year-to-date (YTD), more than doubling the gains posted by Micron (~255%) and Western Digital (~260%).

The technical picture reflects that leadership.

Chart created using Benzinga Pro

SanDisk trades comfortably above its 20-day, 50-day and 200-day moving averages, confirming a strong long-term uptrend. Its RSI sits near 64, suggesting bullish momentum without yet entering overbought territory, while the MACD (moving average convergence/divergence) remains in positive territory despite showing signs of moderating momentum.

Chart created using Benzinga Pro

Micron and Western Digital also remain firmly bullish. Both stocks trade well above their key moving averages after recent breakouts to fresh highs.

Chart created using Benzinga Pro

Micron’s RSI is around 65, while Western Digital’s is near 66, indicating healthy buying pressure.

All three charts continue to display bullish moving-average alignment, with the 20-day average above the 50-day, and the 50-day above the 200-day—a classic technical sign of an established uptrend.

Micron Looks Cheapest On ValuationDespite posting one of the strongest rallies in the semiconductor sector, Micron still trades at a forward price-to-earnings ratio of just 9.1, well below Western Digital’s 33.8 and SanDisk’s 29.6, according to Benzinga Pro data.

Micron also carries the lowest trailing valuation metrics across the group, with a 23.7x trailing P/E per Benzinga Pro, 13.2x price-to-sales ratio and 17.0x enterprise value-to-EBITDA multiple.

Western Digital trades at 38.5x earnings and 29.0x EV/EBITDA, while SanDisk commands the richest valuation at 65.4x trailing earnings and nearly 52x EV/EBITDA.

That gap extends to growth-adjusted valuation. Micron’s 0.31 PEG ratio is significantly below Western Digital’s 0.57, suggesting investors are paying less for each unit of expected earnings growth.

Momentum Vs. ValueThe comparison leaves investors with two distinct ways to play the AI memory boom.

SanDisk remains the market’s momentum leader, backed by the strongest price action of the group. Western Digital has largely matched Micron’s stock performance but trades at meaningfully higher valuation multiples.

Micron, meanwhile, offers a different proposition. The stock continues to trade in a strong technical uptrend while carrying the lowest forward earnings multiple among the three, making it the value play in a sector where investors have largely been willing to pay premium prices for AI exposure.

Image via Shutterstock

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Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) stock are up 17% in early Thursday trading, changing hands near $1,229. The move follows a blowout fiscal Q3 2026 report the memory maker delivered Wednesday afternoon.

The MU stock rally is dragging the entire memory and storage complex higher. SanDisk (NASDAQ:SNDK) stock is up 15% to roughly $2,213, and Western Digital (NASDAQ:WDC) stock is climbing 13% to around $726.

The rally is a sharp reversal from earlier this week, when the Philadelphia Semiconductor Index had its second-worst day of the past year and Micron logged its worst session in over a year on a Korean-led chip selloff. Micron’s earnings just reignited the AI memory trade.

Blowout Quarter Locks In $100B of AI Memory Demand Micron’s fiscal Q3 2026 numbers were record-setting across the board. Revenue came in at $41.5 billion, adjusted EPS hit $25.11, and gross margin reached a record 85%, more than double the year-ago level. Management guided gross margin to rise again to 86% this quarter.

The bigger story sits underneath those headline beats. Micron disclosed 16 strategic customer agreements designed to lock in supply over multiple years, including take-or-pay commitments. Fourteen of those deals represent about $100 billion of minimum contracted revenue over the remaining term, with roughly $22 billion of cash deposits and related commitments.

CEO Sanjay Mehrotra framed the shift this way, asserting that “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.” The implication for investors is that AI customers are treating memory as a strategic bottleneck rather than a cyclical commodity to be squeezed on price.

Peers Rally on the Same AI Memory Theme SanDisk stock is riding the same wave. The NAND specialist last reported Q3 FY2026 revenue of $5.95 billion (up 251% year-over-year) and guided Q4 revenue to a range of $7.75 billion to $8.25 billion, with management citing multi-year customer engagements backed by firm financial commitments. Micron’s contract disclosure validates that same playbook.

Western Digital stock is the HDD pure-play piece of the trade. CEO Irving Tan recently declared that the “demand drivers are clear: Virtually every AI workload, from training, inference, agentic AI to physical AI, creates data that is stored persistently and cost-efficiently on HDDs.” Western Digital’s most recent quarter showed non-GAAP gross margin crossing 50% for the first time in recent memory.

The Caution: Huge Runs and a Still-Cyclical Industry These are volatile names that have already moved enormous distances. Micron stock was already up 268% year-to-date heading into Thursday’s session, SanDisk stock had rallied 707%, and Western Digital stock was up 274%.

A blowout quarter and a sharp pop don’t eliminate memory’s historically boom-and-bust nature. The bull case is that Micron’s multi-year take-or-pay agreements make this cycle structurally different, but that thesis still has to prove itself across a full demand cycle. Chatter about a possible short squeeze and a wave of analyst target hikes is circulating in the community, yet it remains speculation rather than verified action.

What to Watch The prediction markets are leaning aggressively bullish on Micron stock holding its gains, with traders pricing a 97% probability MU touches $1,230 this week and an 89% probability the stock finishes higher on June 25. Reddit sentiment on Micron has also climbed into bullish territory, hitting a score of 69 on Thursday morning.

Investors can watch for whether Micron stock holds the morning’s gains into the close, whether SanDisk and Western Digital shares track Micron through the day, and whether the broader semiconductor names follow through. The next real information point comes when sell-side desks publish revised models on the $100 billion contracted-revenue disclosure.

Investors in Carvana Co. (CVNA - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $33 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Carvana shares, but what is the fundamental picture for the company? Currently, Carvana is a Zacks Rank #1 (Strong Buy) in the Internet – Commerce industry that ranks in the Top 42% of our Zacks Industry Rank. Over the last 60 days, five analysts have increased their earnings estimates for the current quarter, while one has dropped the estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 36 cents per share to 42 cents in that period.

Given the way analysts feel about Carvana right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

SILVERSTONE, United Kingdom, June 25, 2026 (GLOBE NEWSWIRE) -- Aston Martin Aramco Formula One™ Team today announced a new multi-year partnership with Zscaler™, the cybersecurity platform for the AI era. Aston Martin Aramco will use Zscaler’s Zero Trust Exchange™ platform to secure the team’s most valuable assets - from car design and race strategy to the real-time data flowing between the track and the UK-based AMRTC. Zscaler’s platform will connect the race team and applications directly and securely, without exposing the network to attackers.

Formula One® represents one of the most technologically advanced and data-intensive environments in global sport, where vast volumes of data and critical operational systems underpin performance both on and off the track. A single race weekend can generate more than a terabyte of telemetry from hundreds of sensors on each car, all of it flowing in real-time to engineers across different time zones. Both Aston Martin Aramco and Zscaler operate in environments where milliseconds matter, decisions can’t wait, and a single point of failure can be catastrophic - whether on track or defending against sophisticated cyber attacks.

Today, Zscaler, which protects more than 45% of the Fortune 500, joins Aston Martin Aramco Formula One™ Team as Global Cybersecurity Partner supporting the team’s long-term ambition to power high-speed innovation and fuel its transformation into a championship-winning team. Zscaler branding will debut on the nose, seatbelts and wing mirrors of the AMR26, whilst also being featured on the driver’s overalls at the Austrian Grand Prix.

Jefferson Slack, Managing Director, Commercial and Marketing, Aston Martin Aramco Formula One™ Team: “We’re pleased to welcome Zscaler to our team as a Global Cybersecurity Partner. This partnership brings together two organizations invested in performance in highly demanding environments. Zscaler’s belief in our long-term vision both on and off track reflects the momentum we are continuing to build across our business. Partnerships like this play an important role in supporting the future of our organization and strengthening the technology ecosystem around the team.”

Sunil Frida, Chief Marketing Officer, Zscaler: “Formula One® is where the future of enterprise technology gets tested at 300 km/h. Every car is a mobile data center, every race is a global, distributed operation, and every millisecond counts. In an era where threats move at machine speed, defending against attackers requires advanced AI. That’s exactly the world Zscaler was built for. We’re proud to provide the Aston Martin Aramco Formula One™ Team with the AI-driven security, speed, and resilience that modern sport demands.”

Follow our journey this season and get the latest updates on our partnership here.

About Aston Martin Aramco Formula One™ Team

With history dating back to 1913 and its founders Lionel Martin and Robert Bamford, Aston Martin has a storied history rooted in racing. Early success at the Aston Hill Climb inspired a legacy of crafting high-performance luxury vehicles. The brand debuted in Grand Prix racing in 1922, claimed outright victory at Le Mans in 1959 and returned to Formula One in 2021 under Lawrence Stroll’s leadership.

2026 marks the beginning of a new era for Aston Martin Aramco, as the team becomes a full works operation for the first time. Honda will provide the power units, working alongside Aramco and Valvoline to deliver cutting-edge sustainable fuels and high-performance lubricants. Adrian Newey, Managing Technical Partner, takes on the additional role of Team Principal, leading the team into the new era of technical regulations.

On track, the team’s driver line-up features experienced Canadian Lance Stroll and double World Champion Fernando Alonso. Jak Crawford, having served as Young Development Driver, becomes the team’s official Third Driver in 2026, alongside Test and Reserve Driver Stoffel Vandoorne and Team Ambassador Pedro de la Rosa. Mari Boya, competing in FIA Formula 2, and Mathilda Paatz, racing in the all-female F1 ACADEMY series, form the team’s Driver Academy. Mathilda will be guided by the team’s Head of F1 ACADEMY and Driver Ambassador, Jessica Hawkins.

Off-track, Aston Martin Aramco continues to drive progress through its I / AM fan engagement platform, and Make A Mark ESG programme, driving sustainability, inclusion and community engagement. Partnerships with Racing Pride, Spinal Track, and the Aleto Foundation support inclusivity, accessibility, and leadership development. The team’s commitment to energy efficiency is certified by ISO 50001 compliance.

About Zscaler

Zscaler (NASDAQ: ZS) is a pioneer and global leader in zero trust security. The world’s largest businesses, critical infrastructure organizations, and government agencies rely on Zscaler to secure users, branches, applications, data & devices, and to accelerate digital transformation initiatives. Distributed across more than 160 public exchanges globally and thousands of private exchanges at the edge, the Zscaler Zero Trust Exchange™ platform combined with advanced AI combats billions of cyber threats and policy violations every day and unlocks productivity gains for modern enterprises by reducing costs and complexity.

Media Contacts:

Jennifer Miu, Zscaler
[email protected]

Jane Chapman, Aston Martin Aramco Formula One
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/82bd0296-3f9c-4fa4-b572-55aa4261e5de

Zscaler & Aston Martin Aramco Formula One Partnership_Image 1 Zscaler logo on Aston Martin Aramco Formula One vehicle

Veeva Systems (VEEV - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this provider of cloud-based software services for the life sciences industry have returned +1.8% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Medical Info Systems industry, to which Veeva belongs, has gained 10.9% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Veeva is expected to post earnings of $2.22 per share, indicating a change of +11.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +1.3% over the last 30 days.

The consensus earnings estimate of $9.05 for the current fiscal year indicates a year-over-year change of +11.7%. This estimate has changed +3% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $9.9 indicates a change of +9.4% from what Veeva is expected to report a year ago. Over the past month, the estimate has changed +0.9%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Veeva is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Veeva, the consensus sales estimate of $904.07 million for the current quarter points to a year-over-year change of +14.6%. The $3.64 billion and $4.07 billion estimates for the current and next fiscal years indicate changes of +14% and +11.7%, respectively.

Last Reported Results and Surprise HistoryVeeva reported revenues of $882.95 million in the last reported quarter, representing a year-over-year change of +16.3%. EPS of $2.24 for the same period compares with $1.97 a year ago.

Compared to the Zacks Consensus Estimate of $857.33 million, the reported revenues represent a surprise of +2.99%. The EPS surprise was +5.16%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Veeva is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Veeva. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Prediction Market Kalshi Reportedly Eyes $40 Billion Valuation in New Funding Round

SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies Inc. (NYSE: A) today announced the successful completion of its previously announced acquisition of Biocare Medical, a global leader in clinical pathology, from an investor group led by Excellere Partners and GHO Capital Partners LLP. Following the close of the transaction, Biocare is now part of Agilent's Life Sciences and Diagnostics Markets Group.“We are pleased to complete our acquisition of Biocare, which represents a natural and st.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ADC Therapeutics SA ("ADC" or the "Company") (NYSE: ADCT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether ADC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 3, 2026, ADC "announced topline data from its Phase 3 LOTIS-5 confirmatory trial evaluating ZYNLONTA® (loncastuximab tesirine-lpyl) in combination with rituximab in patients with relapsed or refractory diffuse large B-cell lymphoma (r/r DLBCL)."  Although ADC's treatment extended progression-free survival by 1.4 months, 27 deaths were recorded for those given Zynlonta, compared to the nine deaths recorded for the immunotherapy arm. 

On this news, ADC's stock price fell $2.05 per share, or 66.56%, over the following two trading sessions, to close at $1.03 per share on June 5, 2026.

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

China’s Top Bitcoin Miner Suggests Arthur Hayes Is Right About BTC Bottom

CHANDLER, Ariz., June 25, 2026 (GLOBE NEWSWIRE) -- Spacecraft timing systems must provide highly stable, precise signals for navigation, communications and scientific instruments, even when GNSS signals are weak or unavailable. Designers often rely on multiple oscillators and buffers to supply precise frequencies to various subsystems, adding size, mass and complexity. Microchip Technology (Nasdaq: MCHP) announces the space-grade DSA504RT, a radiation-tolerant, six-output programmable clock generator designed to address the complex timing needs of aerospace and defense applications.

The DSA504RT streamlines timing architecture by generating multiple clean, phase-aligned frequencies from a single master source. Additionally, this solution reduces the need for multiple discrete oscillators, lowers overall component count and improves system failure in time (FIT) rate. It also reduces power consumption and mass, as well as simplify distribution networks to keep all subsystems synchronized even in the harshest environments and during GNSS outages or disruptions.

Equipped with an Analog Phase-Locked Loop (APLL) featuring spread spectrum capability, two fractional and two integer dividers, and six highly configurable output buffers, each of which can be configured as a differential driver (LVPECL, LVDS or HCSL) or as a pair of single-ended CMOS outputs, the DSA504RT delivers ultra-low jitter performance as low as  200 femtoseconds (12kHz–20MHz) and is compliant with PCIe® Gen 1-7 standards. This level of integration allows engineers to replace multiple crystals, oscillators and buffers with a single device, improving design reliability, reducing Bill of Materials cost and design complexity.

“This Microchip clock generation device is a game changer for space applications. It can offer a comprehensive clock tree solution, producing three different clock families and up to six different frequencies, each buffered on a variety of selectable output drive types,” said Maamoun Abou Seido, appointed vice president of Microchip’s timing communications group. “Replacing numerous oscillators, buffers and synthesizers, the DSA504RT saves board space and reduces part count to improve the system Failures in Time (FIT) rate in these high reliability applications.”

The DSA504RT, offered in QFN28 and CQFP32 packages, serves as a companion device for complex aerospace and defense systems. It enables high integration of clock architectures within a single chip, distributing precise timing references to subsystems built around radiation-tolerant or radiation-hardened FPGAs and MCUs.

By introducing a cost-efficient, space-grade part within Microchip’s proven clock family, the DSA504RT delivers premium timing performance at a lower overall Bill of Materials (BOM) and screening expense. Customers can stay entirely within Microchip’s proven radiation-qualified ecosystem, leveraging its space heritage, documentation and global technical support, to accelerate the design process and reduce program risk. To learn more about Microchip’s space-grade solutions, visit its website.

Pricing and Availability

The DSA504RT is available in limited sampling upon request. For additional information, contact a Microchip sales representative.

Resources

High-res images available through Flickr or editorial contact (feel free to publish):

Application image: www.flickr.com/photos/microchiptechnology/54890805103/sizes/l
About Microchip Technology:

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the intersection of emerging technologies and durable end markets. Its easy-to-use development tools and comprehensive product portfolio supports customers throughout the design process, from concept to completion. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support and delivers solutions across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. For more information, visit the Microchip website at www.microchip.com.  

Note: The Microchip name and logo and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

Editorial Contact:
Brian Thorsen
480-792-7182
[email protected]

This press release was published by a CLEAR® Verified individual.

TLDR Chevron’s CFO Eimear Bonner confirms gas prices are set to decline but cautions about timing delays between crude price reductions and retail pump pricing Donald Trump alleges major oil companies are engaging in price “gouging” and directs DOJ to launch immediate investigation President specifically called out Chevron, Exxon Mobil, Shell, and BP, insisting pump prices should reach $2.25 per gallon Brent crude declined 1.3% to reach $72.75 while WTI decreased 1.1% to $69.60 during Thursday trading Current national gas price average stands at $3.92 per gallon, representing a 13% decline from the previous month but still elevated compared to last year’s $3.22 During a Thursday interview with CNBC, Chevron’s Chief Financial Officer Eimear Bonner projected that gasoline prices across the United States would decline in the coming period. Nevertheless, she cautioned motorists against anticipating instantaneous relief when filling up their tanks.

CHEVRON CFO SAYS GAS PRICES WILL NORMALIZE AFTER TRUMP PRESSES BIG OIL – CNBC

— First Squawk (@FirstSquawk) June 25, 2026

Bonner’s statements followed closely on the heels of President Donald Trump’s accusations that major petroleum corporations were engaging in consumer “gouging” practices. The President contended that oil industry giants were failing to translate reduced crude oil expenses into savings for American drivers.

In a Truth Social post, Trump stated that “the big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil.” His message specifically identified Chevron, Exxon Mobil, Shell, and BP by name.

🚨 JUST IN: President Trump just CONFIRMED he's ordered a MAJOR DOJ investigation into oil companies for price gouging Americans at the pump

ExxonMobil, Chevron, Shell, BP, and more.

"The oil companies are possibly gouging. I hope they're not. Otherwise they're going to be in… pic.twitter.com/Cv1jgPpWNE

— Nick Sortor (@nicksortor) June 24, 2026

During her appearance on CNBC’s Squawk Box Europe, Bonner recognized the frustration experienced by consumers. She expressed understanding for drivers “whether it’s in the U.S. or here in the U.K. or in Europe.”

“It’s going to take time,” Bonner explained. “There is a lag between oil prices and reductions in oil prices and when that shows up at the pump.”

She further noted that Chevron was expanding its production capacity by 7% to 10% throughout the current year. According to Bonner, major oil companies were “doing everything that we can” to address the pricing situation.

Trump Directs DOJ to Investigate Major Oil Corporations The previous day, Trump announced he had instructed the Department of Justice to examine the matter without delay. A DOJ representative verified the order, characterizing fuel pricing as “not only a national security issue” but one that impacts “the wallet of every American.”

According to Trump, retail gas prices should currently sit at $2.25 per gallon. Data from AAA indicates the present national average remains at $3.92 per gallon.

This represents approximately a 13% decrease from the $4.52 average recorded one month earlier. However, it remains significantly higher than the $3.22 motorists paid during the corresponding period last year.

The previous week represented the first occasion since March that the national average fell below the $4 per gallon threshold.

Crude Oil Prices Retreat Following U.S.-Iran Agreement Crude oil valuations have experienced downward pressure since the United States and Iran formalized an interim peace agreement the previous week. The two nations continue negotiating various aspects of the 14-point framework.

During Thursday’s trading session, Brent crude decreased 1.3% to settle at $72.75 per barrel. West Texas Intermediate declined 1.1% to close at $69.60 per barrel.

The American Petroleum Institute challenged Trump’s characterization of the situation. API spokesperson Bethany Williams noted that retail fuel prices and crude oil costs don’t operate in lockstep with one another, particularly when international supply networks face continued pressure.

Representatives from Exxon Mobil, Shell, and BP had not issued responses to media inquiries by Thursday afternoon.

Bonner’s remarks underscore the industry position that marketplace dynamics, rather than intentional pricing strategies, account for the disconnect between crude oil costs and pump prices. The Department of Justice’s investigation remains active.

, /PRNewswire/ -- National shareholder rights firm Hagens Berman has launched an investigation into Hub Group, Inc. (NASDAQ: HUBG) amid a worsening series of accounting failures, disclosures of material misstatements, and emerging signs of a potential SEC investigation, according to analysts.

If you suffered significant losses investing in Hub Group, Inc. (HUBG) stock, click this link to submit your transaction details.

Visit: www.hbsslaw.com/investor-fraud/hubg
Contact the Firm Now: [email protected]
                                       844-916-0895

New Developments: Mounting Risk and Executive Turnover:

As of June 2026, the situation at Hub Group has deteriorated significantly, raising urgent questions for shareholders:

Possible Undisclosed SEC Investigation: Analysts at Disclosure Insight recently identified an early signal of a potential SEC investigation into Hub Group. While not yet confirmed as an ongoing enforcement action, according to Disclosure Insight, the company's recent history of undisclosed SEC activity—including a separate, previously undisclosed investigation that concluded on February 9, 2026—suggests a heightened risk profile. Abrupt Executive Departures: On May 27, 2026, the company saw the sudden, simultaneous departures of its Chief Financial Officer (CFO) and Chief Operating Officer (COO). Delisting Risk: The company has been issued a delisting notice by NASDAQ, further adding to the instability surrounding the firm's public standing. Accounting Allegations and Internal Control Failures

The current turmoil follows a series of disclosures beginning in February 2026, when Hub Group admitted that its financial statements for the first nine months of 2025 were materially misstated due to a $77 million understatement of purchased transportation costs and accounts payable.

Subsequent filings have revealed that these accounting issues are far more pervasive than initially disclosed:

Expanded Non-Reliance: In May 2026, the company admitted that its audited financial statements for both 2023 and 2024 were also materially misstated and should no longer be relied upon. Systemic Internal Control Issues: The company has acknowledged that it did not maintain effective disclosure controls and procedures, or internal control over financial reporting, for the fiscal years 2023, 2024, and 2025. Unsupported Transactions: A review directed by the Audit Committee identified transactions that were "prematurely or incorrectly recognized or not adequately supported," leaving investors in the dark regarding the true state of the company's finances. Investor Alert:

Hagens Berman is investigating whether Hub Group and its management misled investors regarding the company's internal accounting controls and financial health. Investors who have suffered significant losses are encouraged to submit their information to the firm.

"Now that Hub Group has almost cleaned out its C-suite following an accounting error that reaches all the way back to 2023, the core focus of our investigation is whether these expenses were intentionally or recklessly understated to artificially inflate operating margins," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Hub Group and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »

If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »

Whistleblowers: Persons with non-public information regarding Hub Group should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

SOURCE Hagens Berman Sobol Shapiro LLP

Asset manager Grayscale Investments has released a list of the top 15 on-chain applications ranked by protocol revenue. The list highlights projects such as HYPE, PUMP, CAKE, SKY, JUP, AAVE, AERO, WLFI, LDO, MET, ETHFI, LIT, CARDS, UNI, and RAY.

The report focuses on protocols that are generating meaningful revenue directly from user activity on-chain.

Many Protocols Trading at Low ValuationsAccording to Grayscale, several of the highest-earning crypto protocols are currently trading at relatively low valuation multiples. This is despite producing significant revenue. The firm noted that many of these projects are valued at single-digit trailing 12-month revenue multiples. This is often considered inexpensive compared to their growth potential.

Top 15 onchain apps by protocol revenue: $HYPE, $PUMP, $CAKE, $SKY, $JUP, $AAVE, $AERO, $WLFI, $LDO, $MET, $ETHFI, $LIT, $CARDS, $UNI, $RAY

Some of the top onchain apps by revenue have real cash flows, low overhead, and single-digit multiples, and with the CLARITY Act… pic.twitter.com/vpz8Lu7Xlu

— Grayscale (@Grayscale) June 24, 2026 A major reason for this is that blockchain protocols typically operate with much lower overhead costs than traditional businesses. They do not have large employee counts, office expenses, or complex operating structures. As a result, a larger share of protocol revenue can translate into earnings or cash flow.

Why Grayscale Sees an OpportunityGrayscale believes the current market environment may present an attractive entry point for investors focused on fundamentals. While crypto markets have gone through an extended bear cycle in recent years, many revenue-generating applications have continued to build products. They attract users and generate cash flows.

The firm argues that the market has not fully reflected the financial strength of some of these protocols. Consequently, this creates a potential valuation gap.

Hyperliquid Leads the PackAmong all 15 protocols, Hyperliquid (HYPE) clearly stands out as the revenue heavyweight. The perpetuals trading platform generated around $800 million in revenue in 2025. This makes it one of the highest-earning protocols across the entire crypto industry.

Aave and Uniswap HighlightedAave (AAVE) and Uniswap (UNI) were also specifically highlighted by Grayscale. Both protocols are considered strong DeFi leaders. Yet, the firm believes they may be undervalued compared to the revenue they generate and their long-term growth potential.

Regulatory TailwindsThe report also points to the potential impact of the CLARITY Act, which could introduce clearer crypto regulations in the U.S. In turn, this may help boost adoption of tokenized assets and broader onchain financial systems. 

Since many of the top-ranked protocols are focused on decentralized trading, lending, staking, liquidity provision, and blockchain infrastructure, they could benefit significantly from increased adoption and transaction activity. This is likely if regulatory clarity improves.

Story Ends Here

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TLDR Table of Contents

TLDRQualcomm Unveils Bold Non-Handset Revenue StrategyReddit Traders Propel Wendy’s Stock HigherAlibaba Slides on AI Technology Theft ClaimsGet 3 Free Stock Ebooks Micron Technology’s stock rocketed 18% in pre-market hours following a remarkable 346% year-over-year revenue increase and third-quarter results that exceeded analyst projections Memory and storage sector peers including Sandisk, Seagate, and Western Digital climbed 8% to 15% on Micron’s momentum Qualcomm stock jumped 12% after the company announced plans to nearly double its non-smartphone revenue target to $40 billion by fiscal 2029 Wendy’s stock gained more than 15% as social media-driven retail trading activity intensified on WallStreetBets Alibaba’s American depositary receipts declined following allegations from Anthropic that the company illegally accessed its artificial intelligence technology Micron Technology experienced a dramatic 18% surge in pre-market activity Thursday following the release of quarterly earnings that significantly exceeded Wall Street’s forecasts.

Micron Technology, Inc., MU

The memory chip manufacturer reported a staggering 346% year-over-year revenue increase. Looking ahead to the fourth quarter, Micron provided guidance calling for adjusted earnings per share between $30 and $32, substantially higher than the analyst consensus of $25.72.

Revenue projections for the coming quarter range from $49 billion to $51 billion, well ahead of the $43.58 billion Wall Street estimate.

The impressive performance created a ripple effect across the memory and storage industry. Sandisk shares climbed 15%, Western Digital advanced 12%, and Seagate Technology rose 8.4%.

Broader semiconductor and technology hardware stocks also participated in the rally. Applied Materials increased 7%, Intel advanced 5.1%, Marvell Technology gained 3.7%, and Corning jumped 8.8%.

Corning received an additional boost after announcing a quarterly dividend payment on Thursday, further attracting investor attention.

Qualcomm Unveils Bold Non-Handset Revenue Strategy Qualcomm shares skyrocketed 12% following the company’s presentation of updated long-term financial objectives at its investor day.

The semiconductor giant established an ambitious goal of generating more than $15 billion from data center operations by fiscal year 2029. Additional targets include $10 billion from automotive applications and over $14 billion from Internet of Things products.

These projections combine to create a $40 billion non-handset revenue objective by 2029. The company also disclosed Meta Platforms as a new customer relationship.

Qualcomm’s strategic shift anticipates smartphone chips representing only one-third of total chip revenue by 2029, a significant reduction from current levels.

Reddit Traders Propel Wendy’s Stock Higher Wendy’s shares climbed an additional 15% Thursday, continuing a rally that began after discussion on Reddit’s WallStreetBets community attracted retail investor interest.

Market research provider Vanda characterized the movement as having “clear echoes” of the retail-fueled short squeeze phenomena witnessed during 2021.

Alibaba Slides on AI Technology Theft Claims Alibaba’s U.S.-traded shares declined 3% while its Hong Kong-listed stock tumbled to a 16-month low.

The selloff was triggered by reports that artificial intelligence company Anthropic sent correspondence to White House officials and members of the U.S. Senate, alleging that Alibaba orchestrated a widespread campaign to illegally obtain access to its Claude AI technology.

Other Chinese technology companies also experienced losses. Xiaomi and Baidu each fell more than 3%.

ARS Pharmaceuticals plunged 23% after disclosing that no additional insurance coverage determinations were made for its epinephrine nasal spray during the July 1 review cycle.

Taysha Gene Therapies declined 10% following the announcement of a public equity offering designed to generate approximately $200 million.

The smart money exited, but Wall Street did not follow. Three legendary investors—Stanley Druckenmiller, David Tepper, and Carl Icahn—unloaded positions in Alphabet (NASDAQ: GOOGL | GOOGL Price Prediction), Delta Air Lines (NYSE: DAL), and Southwest Gas (NYSE: SWX) as of Q1 2026 13F disclosures, yet sell-side consensus on all three remains firmly bullish, and the stocks have continued higher since the exit quarter closed.

The Data Behind the Disconnect Let’s start with the analyst view. Alphabet has a consensus target price of $432.83, while Delta’s mean target is $82.97. The target for Southwest Gas is $99.25, and sell-side coverage on all three skews decisively bullish.

Post-exit price action confirms the call. Since the quarter ended March 31, 2026, Alphabet has gained 20.2%, Delta has climbed 36.7%, and Southwest Gas has added 2.9%. Tepper sold his final 475,000 Delta shares near $67, with the stock now changing hands at $90.65. Icahn unloaded his last 6.03 million Southwest Gas shares around $85, with the stock at $88.77. Druckenmiller zeroed out Alphabet (Class C) per Duquesne’s 13F filed May 15, 2026.

Fundamentals back the Street. Alphabet posted a 94.10% Q1 2026 EPS beat with Google Cloud revenue of $20.03 billion (up 63%) and a backlog above $460 billion. Delta’s Q1 2026 adjusted EPS rose 40% year-over-year on $14.20 billion of revenue, with guidance for a $1 billion Q2 pre-tax profit. Southwest Gas reaffirmed 2026 EPS guidance of $4.17 to $4.32 and a 12% to 14% adjusted EPS CAGR through 2030.

Bull Case vs. Bear Case Alphabet

Bull: trades at a forward P/E of 25 with 37.9% profit margins and AI monetization scaling fast. Bear: 2026 capex guidance of $180 billion to $190 billion compresses free cash flow, and Q1 net income was lifted by $36.91 billion in unrealized equity gains. Delta Air

Bull: forward P/E of 16, premium revenue up 14%, and Amex remuneration above $2 billion. Bear: stock now trades above the $82.97 consensus target, fuel costs are projected to rise about $2 billion in Q2, and management is cutting capacity growth. Southwest Gas

Bull: Great Basin open season drew 2.5 Bcf/day of bids against 0.3 Bcf/day offered, and the company is now a pure-play regulated utility with an S&P upgrade to BBB+. Bear: Q1 2026 EPS missed by 2.10%, the trailing P/E of 27 is rich for a utility, and the California rate case decision is delayed. The Verdict for Retail A 13F is a backward-looking snapshot filed roughly 45 days late. It does not disclose motive. Druckenmiller, Tepper, and Icahn likely had position-sizing, risk-management, or fund-level reasons that have nothing to do with whether the underlying business is impaired. Tepper booked a gain after entering Delta in the mid-$40s. Icahn ended a multi-year activist campaign at Southwest Gas that began in 2021. Druckenmiller is famous for rotating concentrated bets.

The gap between insider exits and Street optimism comes down to time horizon. Hedge funds manage drawdown risk on quarterly cycles. Sell-side targets reflect 12-month fundamental views, which on these three names still point higher. Alphabet’s $432.83 target implies meaningful upside. Delta and Southwest Gas both trade near or above their consensus targets, leaving less cushion.

The takeaway is that smart-money exits at these scales reflect portfolio decisions, not signals to dump. Retirement-focused holders of Alphabet have the clearest fundamental runway. Delta and Southwest Gas holders now own stocks priced at or beyond what the Street thinks they are worth, a more relevant warning signal than any 13F filing.

PITTSBURGH--(BUSINESS WIRE)--Edge Case today announced it has partnered with Aurora Innovation Inc. (NASDAQ: AUR) and reviewed its Safety Case, establishing a new standard for safety transparency in the autonomous vehicle industry. After a three-month audit, Edge Case confirmed Aurora's Safety Case is well-structured, substantively aligned with industry best practices, and actively maintained – emphasizing the Aurora Driver's maturity and readiness for America's highways. “Our work with Aurora.

DXC has appointed Milan Rao as CES Americas Leader to drive growth and expand business for Consulting, Applications, Data & AI and Engineering services across North & South America. Rao will help accelerate AI-led growth across digital engineering, platform modernization, and enterprise transformation. , /PRNewswire/ - DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the appointment of Milan Rao as Consulting & Engineering Services (CES) Americas Leader, effective immediately. A distinguished technology and business leader with a proven track record of driving growth across multi‑billion‑dollar IT services portfolios and delivering successful customer transformations, Milan will report to Ramnath Venkataraman, President, Consulting & Engineering Services at DXC.

DXC Welcomes Milan Rao as CES Americas Leader to Accelerate DXC Engineering, Applications, Data and AI-Led Growth In this role, Milan will lead the Americas CES business, driving growth, operational excellence, and client success across the region, deepen executive client relationships, and expand DXC's Engineering, Applications, Data & AI and consulting capabilities in priority areas. He will focus on expanding DXC's capabilities in digital engineering, AI-led transformation, and platform modernization across key industries including financial services, insurance, healthcare, manufacturing, aerospace & defense and public sector, where enterprise demand is increasing.

"Milan brings a strong combination of commercial leadership, operational rigor, and deep expertise across Applications modernization, data & AI, digital engineering and AI-led transformation," said Ramnath Venkataraman, President, Consulting & Engineering Services, DXC Technology. "He has a proven track record of leading large-scale businesses, strengthening client relationships, and delivering transformation across industries. His leadership will help accelerate our momentum in the Americas and strengthen how we deliver innovation and value for clients."

"I'm excited to join DXC at a pivotal time when enterprises are reimagining their businesses through AI, Applications modernization, data-driven decision making, and engineering innovation," said Milan Rao, CES Americas Market Leader, DXC Technology. "DXC brings together industry expertise, scale, and client relationships. I look forward to helping our clients unlock greater business value while accelerating growth across consulting, Applications, data & AI, and engineering services across the Americas."

Milan joins DXC with leadership experience spanning technology, telecom, healthcare, financial services, and digital and engineering services. Over the course of his career, he has led multi-billion-dollar portfolios and enterprise-wide transformation initiatives across global markets. Most recently, Rao served as Chief Operating Officer and Chief Revenue Officer at MarketsandMarkets, where he led global revenue, sales, consulting, and operations, and previously held roles as President at Wipro and President & CEO of GE Healthcare India & South Asia.

About DXC

DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more on dxc.com. 

SOURCE DXC Technology Company