Track market-moving stories before they get noisy

Bitmine détient 4,7 % de l'offre totale d'ETH, qui s'élève à 120,7 millions

En seulement 11 mois, Bitmine a déjà parcouru 94 % du chemin menant à l'« Alchimie des 5 % »

Les actions privilégiées de catégorie A de Bitmine sont cotées à la Bourse de New York (NYSE) sous le symbole BMNP

Bitmine dispose de 4 718 677 ETH mis en jeu, ce qui représente 8,2 milliards de dollars au cours de 1 733 dollars par ETH. MAVAN (Made in America VAlidator Network) est une destination de staking d'Ethereum de premier plan pour BMNR et les investisseurs institutionnels

Bitmine détient 104 millions de dollars d'Eightco (NASDAQ : ORBS), l'une des seules actions cotées en bourse au monde à offrir aux investisseurs une exposition indirecte à OpenAI

Le total des avoirs en cryptomonnaies de Bitmine, de ses liquidités et titres négociables, ainsi que de ses « Moonshots », s'élève à 10,7 milliards de dollars, dont 5,67 millions de jetons ETH, 601 millions de dollars de liquidités et de titres négociables, et d'autres avoirs en cryptomonnaies

Bitmine continue de recevoir le soutien d'un groupe d'investisseurs institutionnels de premier plan, dont Cathie Wood d'ARK, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital et l'investisseur privé Thomas « Tom » Lee, pour atteindre l'objectif de Bitmine d'acquérir 5 % du nombre total d'ETH

, /PRNewswire/ -- (NYSE : BMNR) Bitmine Immersion Technologies, Inc. (« Bitmine » ou la « Société »), une entreprise active sur les réseaux Bitcoin et Ethereum qui se consacre à l'accumulation de cryptomonnaies à des fins d'investissement à long terme, a annoncé aujourd'hui que le total de ses avoirs en cryptomonnaies, en liquidités et titres négociables, ainsi que dans ses « moonshots » s'élevait à 10,7 milliards de dollars.

Bitmine Weekly Update

Staking: BMNR now staking over 4.7 million ETH

Alchemy of 5%: BMNR ranked #219 by avg daily $ volume Au 21 juin 2026 à 15 h 00 (heure de l'Est), le portefeuille de cryptomonnaies de la Société se composait de 5 672 956 ETH au prix unitaire de 1 733 $ (selon Coinbase, NASDAQ : COIN), 205 Bitcoin (BTC), une participation de 180 millions de dollars dans Beast Industries, une participation de 104 millions de dollars dans Eightco Holdings (NASDAQ : ORBS) (« moonshots ») et un total de liquidités et de titres négociables s'élevant à 601 millions de dollars. Les avoirs en ETH de Bitmine représentent 4,7 % de l'offre totale d'ETH (qui s'élève à 120,7 millions d'ETH).

« À notre avis, les meilleures années pour les cryptomonnaies sont devant nous.  La tokenisation et les progrès rapides de l'IA devraient entraîner une croissance exponentielle de la demande en matière de blockchain et de cryptomonnaies décentralisées », a déclaré Thomas « Tom » Lee, président de Bitmine.

Le 10 juin, Bitmine a clôturé son offre (l'« offre ») enregistrée en vertu de la loi sur les valeurs mobilières de 1933, telle que modifiée (la « loi sur les valeurs mobilières »), portant sur 3 500 000 actions privilégiées perpétuelles de catégorie A à 9,50 % (les « actions privilégiées de catégorie A »), au prix d'offre public de 80,00 $ par action.
La Société a généré de cette émission un produit net d'environ 273,8 millions de dollars, après déduction des remises et commissions de prise ferme ainsi que des frais d'émission estimés de la Société. Les actions privilégiées de catégorie A sont cotées à la Bourse de New York (NYSE) sous le symbole BMNP. Les dividendes de BMNP devraient être versés chaque semaine, sous réserve des conditions prévues dans le certificat de désignation applicable.

Le 11 juin 2026, Bitmine est entrée dans le classement « Fortune 100 Crypto » (lien ici). Le magazine Fortune a publié ce classement de référence des entreprises les plus influentes dans le domaine de la chaîne de blocs, qui s'appuie sur une analyse rigoureuse des données réalisée par Inca Digital et sur une enquête menée auprès d'experts de premier plan en cryptomonnaies, selon le magazine Fortune.

Le 11 mai 2026, Bitmine a publié le dernier message du président (lien ici) pour mai 2026.

« Au cours de la semaine dernière, nous avons acquis 52 203 ETH. Nous continuons à maintenir un rythme d'accumulation soutenu tout au long de l'année 2026.  Nous pensons que nous en sommes aux prémices d'un "printemps des cryptomonnaies". Bitmine devrait atteindre "l'alchimie des 5 %" courant 2026 », a déclaré M. Lee.

Bitmine a récemment lancé MAVAN (the Made in American VAlidator Network), la plateforme de staking de niveau institutionnel. Alors que MAVAN a été initialement développée pour soutenir la propre trésorerie Ethereum de Bitmine, la plateforme a aujourd'hui vocation à se développer pour servir les investisseurs institutionnels, les dépositaires et les partenaires de l'écosystème à la recherche d'une infrastructure de staking de premier ordre. Une partie des ETH de Bitmine est déjà mise en jeu sur la plateforme MAVAN.

Au 21 juin 2026, le montant total d'ETH mis en jeu par Bitmine s'élève à 4 718 677 (soit 8,2 milliards de dollars à 1 733 dollars par ETH). « Bitmine a mis en jeu plus d'ETH que toute autre entité dans le monde. À grande échelle (lorsque les ETH de Bitmine seront entièrement mis en jeu par MAVAN et ses partenaires de staking), la récompense prévue pour le staking d'ETH devrait s'élever à 268 millions de dollars sur une base annualisée (en utilisant un rendement sur 7 jours de 2,73 % pour BMNR) », a déclaré M. Lee.

« Les revenus annualisés issus du staking sont désormais estimés à 223 millions de dollars. Et ces 4,7 millions d'ETH représentent plus de 83 % des 5,67 millions d'ETH détenus par Bitmine. Les opérations de staking menées par Bitmine ont généré un rendement sur 7 jours de 2,73 % (annualisé) », a poursuivi M. Lee.

Les avoirs en cryptomonnaies de Bitmine règnent en tant que première trésorerie Ethereum et deuxième trésorerie mondiale, derrière Strategy Inc. (NASDAQ : MSTR), qui détiendrait 846 842 BTC, pour une valeur de 54 milliards de dollars. Bitmine reste la plus importante trésorerie d'ETH au monde. 

Bitmine est l'une des actions les plus négociées aux États-Unis. Selon les données de Fundstrat, le titre a enregistré un volume quotidien moyen de transactions de 717 millions de dollars (moyenne sur 4 jours, au 18 juin 2026), se classant ainsi à la 219e place aux États-Unis, derrière Entegris Inc (218e) et devant Target Corp (220e) parmi les 5 704 titres cotés aux États-Unis (statista.com et étude Fundstrat).

La direction de Bitmine estime que la loi GENIUS et le projet Crypto de la Securities and Exchange Commission (la « SEC ») sont aussi transformateurs pour les services financiers en 2025 que l'action des États-Unis, le 15 août 1971, qui a mis fin à Bretton Woods et à l'étalon-or du dollar américain il y a 54 ans. Cet événement de 1971 a été le catalyseur de la modernisation de Wall Street, créant les titans emblématiques de Wall Street et les réseaux financiers et de paiement d'aujourd'hui. Ceux-ci se sont avérés être de meilleurs investissements que l'or.

La Société a également annoncé que le Conseil d'administration avait décidé de verser les sept dividendes hebdomadaires en espèces suivants sur les actions en circulation de la catégorie A des actions privilégiées de la Société. Ces dividendes devraient être versés aux dates de paiement indiquées ci-dessous aux détenteurs inscrits des actions privilégiées de catégorie A à la clôture des marchés aux dates d'enregistrement respectives figurant dans le tableau ci-dessous :

Div n°

Date de référence

Date de paiement

Montant par action
privilégiée de catégorie
A

5

Mardi 7 juillet 2026

Vendredi 17 juillet 2026

0,1847 $

6

Mardi 14 juillet 2026

Vendredi 24 juillet 2026

0,1847 $

7

Mardi 21 juillet 2026

Vendredi 31 juillet 2026

0,1847 $

8

Mardi 28 juillet 2026

Vendredi 7 août 2026

0,1847 $

9

Mardi 4 août 2026

Vendredi 14 août 2026

0,1847 $

10

Mardi 11 août 2026

Vendredi 21 août 2026

0,1847 $

11

Mardi 18 août 2026

Vendredi 28 août 2026

0,1847 $

Le message du président est disponible ici :
https://www.Bitminetech.io/chairmans-message

La présentation des résultats de l'exercice 2025 complet et la présentation corporative sont disponibles ici : https://Bitminetech.io/investor-relations/

Pour rester informé, veuillez vous inscrire à l'adresse https://Bitminetech.io/contact-us/

À propos de Bitmine
Bitmine (NYSE : BMNR) est une société de minage de Bitcoin opérant aux États-Unis. L'entreprise déploie son capital excédentaire pour devenir la première société de trésorerie Ethereum au monde, mettant en œuvre une stratégie d'actifs numériques innovante pour les investisseurs institutionnels et les acteurs du marché public. Guidée par sa philosophie de « l'Alchimie des 5 % », la Société s'est engagée à faire de l'ETH son principal actif de réserve de trésorerie, s'appuyant sur des activités natives au niveau du protocole, y compris le staking et des mécanismes de financement décentralisés. L'entreprise a lancé MAVAN (Made-in America VAlidator Network), une infrastructure de staking dédiée aux actifs de Bitmine, en 2026.

Pour en savoir plus, rendez-vous sur X :
https://x.com/bitmnr
https://x.com/fundstrat

Déclarations prospectives
Le présent communiqué de presse contient des déclarations qui constituent des déclarations prospectives au sens de la loi Private Securities Litigation Reform Act de 1995. Les déclarations contenues dans le présent communiqué de presse qui ne sont pas purement historiques sont des déclarations prospectives qui impliquent des risques et des incertitudes. Ces déclarations prospectives peuvent être identifiées par des termes tels que « s'attendre à », « projeter », « avoir l'intention de », « croire », « anticiper », « estimer » et d'autres expressions similaires. Le présent document contient en particulier des déclarations prospectives concernant : (i) les objectifs de la Société en matière d'acquisition d'ETH, notamment l'initiative « Alchimie des 5 % » et la prévision selon laquelle Bitmine atteindra cet objectif au cours de l'année 2026 ; (ii) les convictions et les prévisions de la Société concernant le marché des cryptomonnaies, notamment l'idée que les meilleures années pour les cryptomonnaies sont encore à venir et que la tokenisation ainsi que les progrès rapides de l'IA devraient entraîner une croissance exponentielle de la demande en matière de blockchain et de cryptomonnaies décentralisées ; (iii) la conviction de la Société que nous sommes aux premiers stades d'un « printemps des cryptomonnaies » ; (iv) le calendrier de versement des dividendes pour les actions privilégiées de catégorie A, y compris la prévision selon laquelle des dividendes hebdomadaires en espèces d'un montant de 0,1847 $ par action seront versés aux dates indiquées dans le présent document aux détenteurs inscrits aux dates de référence respectives ; (v) la stratégie d'accumulation d'actifs numériques et les opérations de staking de la Société, y compris les récompenses de staking d'ETH annualisées prévues d'environ 268 millions de dollars (lorsque les ETH de Bitmine seront entièrement mis en jeu par MAVAN et ses partenaires de staking) et les revenus de staking annualisés actuellement prévus d'environ 223 millions de dollars ; (vi) le projet d'expansion de MAVAN visant à répondre aux besoins des investisseurs institutionnels, des dépositaires et des partenaires de l'écosystème à la recherche d'une infrastructure de staking de premier ordre ; (vii) la conviction de la direction selon laquelle la loi GENIUS et le projet Crypto de la SEC sont aussi transformateurs pour les services financiers que la décision prise par les États-Unis le 15 août 1971 de mettre fin au système de Bretton Woods et à l'étalon-or du dollar américain ; et (viii) la croissance et le développement continus de la stratégie de trésorerie Ethereum de la Société. Pour évaluer ces déclarations prospectives, vous devez tenir compte de divers facteurs, notamment : la capacité de Bitmine à suivre le rythme des nouvelles technologies et des besoins changeants du marché ; la capacité de Bitmine à financer ses activités actuelles, ses opérations de trésorerie Ethereum et ses activités futures proposées ; l'environnement concurrentiel des activités de Bitmine ; les conditions de marché affectant le prix de négociation de l'action ordinaire de la Société ; les développements réglementaires affectant les actifs numériques, y compris l'adoption finale et la mise en œuvre de la législation en cours et des initiatives de la SEC ; la volatilité et l'imprévisibilité des prix des actifs numériques ; la performance, la fiabilité et la sécurité des opérations de staking de la Société ; les risques liés aux systèmes d'IA et leur impact sur les marchés des cryptomonnaies ; et la valeur future du Bitcoin et de l'Ethereum. Les performances et résultats réels futurs peuvent différer de manière significative de ceux exprimés dans les déclarations prospectives. Les déclarations prospectives sont soumises à de nombreuses conditions, dont beaucoup sont hors du contrôle de Bitmine, y compris celles énoncées dans la section « Risk Factors » du formulaire 10-K déposé par Bitmine auprès de la SEC le 21 novembre 2025, ainsi que dans tous les autres documents déposés auprès de la SEC, tels que modifiés ou mis à jour de temps à autre. Des copies des documents déposés par Bitmine auprès de la SEC sont disponibles sur son site web à l'adresse suivante : www.sec.gov. Bitmine ne s'engage pas à mettre à jour ces déclarations pour tenir compte des révisions ou changements intervenus après la date de ce communiqué, sauf si la loi l'exige.

In the latest close session, Strategy (MSTR - Free Report) was down 2.73% at $109.46. The stock's performance was behind the S&P 500's daily loss of 0.37%. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq depreciated by 1.33%.

Shares of the business software company witnessed a loss of 29.62% over the previous month, trailing the performance of the Finance sector with its gain of 4.79%, and the S&P 500's gain of 2.02%.

The upcoming earnings release of Strategy will be of great interest to investors. The company is predicted to post an EPS of $52.04, indicating a 59.63% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $126.95 million, indicating a 10.88% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $116.7 per share and revenue of $503.9 million. These totals would mark changes of +866.25% and +5.59%, respectively, from last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Strategy. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

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, the Zacks Consensus EPS estimate has remained steady. Strategy is currently sporting a Zacks Rank of #5 (Strong Sell).

Digging into valuation, Strategy currently has a Forward P/E ratio of 0.96. Its industry sports an average Forward P/E of 10.89, so one might conclude that Strategy is trading at a discount comparatively.

The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 103, finds itself in the top 43% echelons 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.

Shares of Strategy (previously known as Microstrategy), the bitcoin-accumulation firm founded by Michael Saylor, fell sharply on Tuesday and were on track for their lowest close in more than two years.

MSTR stock dropped 4.8% in afternoon trading and is now down more than 30% this year, reflecting renewed pressure across both its equity and preferred securities.

The decline comes as concerns build around the company’s funding model, which relies heavily on issuing equity and preferred stock to finance continued bitcoin purchases.

Strategy currently holds 847,000 bitcoin, roughly 4% of the total supply, with total holdings valued at over $50 billion.

The company continues to accumulate bitcoin despite market weakness, recently purchasing 520 coins at an average price of $67,068, bringing total holdings to 847,363 bitcoin acquired at roughly $75,651 each.

Investor anxiety has intensified around Strategy’s preferred securities, particularly its variable-rate preferred known as Stretch (STRC).

The instrument, which pays an 11.5% dividend on a $100 face value, has fallen below par and was trading around $88 on Tuesday after briefly reaching near $100 in late May.

The weakness is significant because the structure is designed to trade close to $100 through monthly dividend adjustments.

However, recent declines have raised doubts about the effectiveness of that mechanism and its ability to support future issuance.

The preferred stock decline also affects Strategy’s ability to raise new capital.

With pricing well below par, issuing additional shares becomes more challenging and potentially dilutive.

Preferred dividend payments across the structure now total about $1.7 billion annually, according to company data, while Strategy has about $15 billion of preferred stock outstanding, with Stretch accounting for roughly $9 billion of that total.

Benchmark analyst Mark Palmer addressed recent concerns, writing that STRC had been affected by market dynamics rather than a structural breakdown:

“The term 'peg' implies the existence of a fixed exchange relationship. Stablecoins such as TerraUSD, USDC, and USDT were designed to maintain a defined value relative to another asset, typically the US dollar. STRC has no such obligation. Strategy's objective has been to support STRC's trading at a level near $100, not to guarantee it,” he wrote.

The broader weakness in Strategy’s structure has been compounded by a decline in bitcoin prices, which fell about 3% on Tuesday to around $62,000 and are down nearly 20% over the past month.

The company generates no operating income from bitcoin and relies on capital markets to fund both purchases and preferred dividend obligations.

Recent volatility has raised concerns about the sustainability of that model, particularly as annual preferred dividend payments approach $1.7 billion.

Strategy has taken steps to strengthen liquidity, recently increasing cash reserves by $300 million to $1.4 billion, providing roughly 10 months of dividend coverage.

However, this has not been enough to stabilize sentiment, and shares of both the common and preferred stock continue to decline.

Analysts also noted that leveraged positions tied to the preferred may have amplified the selloff, with margin-related unwinding adding pressure to already weak trading conditions.

Despite criticism, Strategy maintains that its approach assumes bitcoin will appreciate at a faster rate than the cost of preferred dividends, allowing equity issuance to generate long-term value.

So far, however, falling bitcoin prices and rising funding costs have challenged that thesis.

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The iShares Mortgage Real Estate ETF (NYSEARCA:REM) is the go-to vehicle for investors who want concentrated exposure to mortgage REITs and the double-digit distribution yield that comes with them. REM holds $531.5 million in net assets across 37 positions, and almost every dollar of its distribution flows up from the dividends those underlying mREITs pay. That makes REM’s payout only as safe as the cash flows at Annaly, AGNC, and a handful of other rate-sensitive names. With the yield curve flattening and Treasury yields elevated, that question deserves a careful look.

How REM Actually Pays You REM is a pass-through. It tracks an index of mortgage REITs, collects their dividends, deducts the 0.5% expense ratio, and distributes what is left. Mortgage REITs in turn earn their income by borrowing short, buying agency or commercial mortgage securities long, and pocketing the spread. The size of that spread is dictated by the yield curve, and the leverage applied to it magnifies both the income and the risk.

Concentration is the first thing to internalize. Annaly and AGNC together account for 36% of net assets, and the top 10 holdings make up 73%. If those two names cut, REM’s distribution falls regardless of what the other 33 positions do.

The Two Names That Decide Everything Annaly Capital (NYSE:NLY | NLY Price Prediction), 23% weight. Annaly has paid $0.70 per quarter for five consecutive quarters, after raising the payout from $0.65 in early 2025. That increase signals management’s confidence in book value and net interest margin coverage. The cautionary footnote: Annaly slashed its quarterly dividend from $0.88 to $0.22 in 2022 when rates ripped higher. Today’s $0.70 looks durable in a stable-rate world, but it is not bulletproof against another rapid back-up in yields.

AGNC Investment (NASDAQ:AGNC), 14.79% weight. AGNC has paid $0.12 per month, or $1.44 annually, for roughly 24 consecutive months. The last cut, a 25% reduction from $0.16 in March 2020, was pandemic-driven. The current rate has survived the entire 2022 to 2026 rate cycle, which is the most meaningful endorsement of its coverage you can get from real life.

Starwood Property Trust (NYSE:STWD), 7.48% weight. Starwood is the commercial-credit anchor in REM. Its income comes from senior commercial mortgage loans rather than agency MBS, so the risk is credit and office-loan exposure rather than rate spreads.

The Rate Picture That Actually Matters Mortgage REIT profitability lives and dies on the spread between short-term funding and long-term mortgage yields. The 10Y-2Y spread sits at 0.5%, in the 2nd percentile of the past year, with the 10-year Treasury at 4.5% and the Fed Funds rate at 3.8% after three cuts late last year. A flat curve compresses net interest margins, which is the single biggest threat to REM distributions. The Fed pause since December 10, 2025 removes near-term funding cost surprises, which helps.

Total Return, Not Just Yield Yield without price is a trap with mREIT funds. REM trades at $22, up 14% over the past year and roughly flat year to date, but still down about 8% over five years. Investors who reinvested distributions came out ahead; investors who spent them watched principal erode.

The Verdict REM’s distribution looks safe at current levels. Annaly just raised, AGNC has held the line through a brutal rate cycle, and the Fed is on hold. The risk is asymmetric: a renewed flattening or inversion of the curve, or a sharp rise in the 10-year past the recent 4.7% peak, would pressure book values and force payout reviews at the two names that drive 36% of the fund. REM suits income investors who understand they are buying a leveraged bet on the yield curve. Anyone who needs principal stability should look at a broader equity-REIT fund or shorter-duration credit instead.

Key Takeaways Refinancing demand is improving as lower mortgage rates lift borrower interest and mortgage activity.RKT could benefit from higher refinance volumes and integration synergies from Redfin and Mr. Cooper.AGNC and NLY may gain from a stronger Agency MBS market, though prepayment trends remain important. Mortgage rates are showing signs of easing, putting refinancing activity back on investors’ radar. While the recovery remains gradual, even a modest decline in borrowing costs can be meaningful for mortgage-related stocks such as Rocket Companies, Inc. (RKT - Free Report) , AGNC Investment Corp. (AGNC - Free Report) and Annaly Capital Management, Inc. (NLY - Free Report) . After an extended period of elevated mortgage rates, affordability pressures and sluggish housing-market activity, the refinancing market is beginning to regain traction.

According to Freddie Mac’s latest Primary Mortgage Market Survey, the average rate on a 30-year fixed mortgage was 6.47% as of June 18, down from 6.52% in the prior week and 6.81% a year ago. Although rates remain well above the ultra-low levels seen earlier in the decade, the recent downward trend is encouraging for borrowers and mortgage-market companies.

Signs of improving refinancing demand are already emerging. The Mortgage Bankers Association reported that mortgage applications fell 3.8% for the week ended June 12, but refinance applications grew 17% year over year. Notably, refinancing accounted for 40.3% of the total mortgage applications, indicating that refinance activity is once again becoming a meaningful component of overall mortgage-market demand.

This trend matters because mortgage-related companies are highly sensitive to changes in interest rates, refinancing volumes, mortgage-backed securities (MBS) pricing and prepayment expectations. As borrowing costs decline, homeowners may become more inclined to refinance existing loans, creating opportunities for mortgage lenders and potentially improving conditions across the broader mortgage ecosystem.

The benefits, however, vary by business model. For mortgage originators, higher refinancing activity can boost loan application volumes, origination revenues and servicing recapture rates. For mortgage REITs, lower rates can support MBS valuations and book values, particularly when rate declines are orderly and volatility remains contained. However, if refinancing accelerates too quickly, faster prepayment speeds can affect the expected cash flows of mortgage securities and mortgage servicing rights, creating a more nuanced operating environment.

As a result, stock selection becomes particularly important. Rocket Companies is a more direct play on refinancing volumes and mortgage origination activity. Meanwhile, AGNC Investment and Annaly Capital Management are income-focused mortgage REITs whose performance depends not only on refinancing trends but also on factors such as MBS spreads, funding costs, leverage, hedging strategies and book-value preservation.

Let us take a closer look at RKT, AGNC and NLY and examine how each could benefit from a gradual recovery in refinancing activity.

Rocket Companies: A Direct Play on Refinance VolumesRocket Companies is the clearest refinancing beneficiary among the three. The company operates Rocket Mortgage and has a large direct-to-consumer mortgage platform, giving it direct exposure to changes in mortgage application and refinancing activity.

RKT's end-to-end platform is positioned to convert any cyclical lift into outsized share gains amid industry-wide turnaround expected in 2026, driven by lower mortgage rates. The combination of Redfin and Mr. Cooper has strengthened Rocket’s capabilities by adding scale and reinforcing stability, growth capacity and cost efficiency. The Redfin and Mr. Cooper integrations provide visible, near-term synergies with meaningful operating leverage upside. On the Mr. Cooper side, management has line-of-sight to $400 million in expense synergies, plus an incremental $100 million in revenues tied to higher blended recapture rates.

With an estimated 70% structural drop-through of incremental revenues to EBITDA after fixed costs and AI-driven capacity improvement, the platform is expected to scale volume without proportional headcount/cost escalations.

Management expects second-quarter 2026 adjusted revenues between $2.7 billion and $2.9 billion. As synergy capture ramps up, it will likely support the top line going forward.

The company’s 2026 earnings estimates have been unchanged at 76 cents per share over the past week, indicating a year-over-year upsurge of 171.4%. RKT has a Zacks Rank of #3 (Hold) at present.

Earnings Estimates

Image Source: Zacks Investment Research

AGNC Investment: A Mortgage REIT Leveraged to Agency MBSAGNC primarily invests in agency mortgage-backed securities. These securities are backed by Fannie Mae, Freddie Mac or Ginnie Mae, reducing credit risks but leaving the company highly exposed to interest rates, MBS spreads, funding costs and prepayment trends.

Higher refinancing activity and a decline in mortgage rates could support AGNC Investment’s performance. Lower mortgage rates, if accompanied by reduced rate volatility, can improve agency MBS valuations, support book value and enhance the relative appeal of AGNC’s mortgage assets. AGNC’s first-quarter 2026 results showed net spread and dollar roll income of 42 cents per share and tangible net book value of $8.38 per common share.

AGNC’s active portfolio-management approach further strengthens its ability to navigate this environment. The company regularly adjusts its portfolio and hedge positions in response to changing interest-rate and mortgage-market conditions. Its focus on higher-coupon holdings, reduced exposure to non-agency assets and significant interest-rate hedge position could help stabilize cash flows while allowing it to benefit from improving agency MBS fundamentals.

That said, higher refinancing activity is not always bullish for AGNC. A sharp rise in refinancing can cause the underlying mortgages in MBS pools to prepay faster, reducing the duration of cash flows and pressuring premium mortgage securities. Therefore, while lower rates and improving refinancing trends can support AGNC, the pace and magnitude of refinancing activity remain key factors to watch.

The company’s 2026 earnings estimates have been unchanged at $1.56 per share over the past week, indicating year-over-year growth of 4%. AGNC has a Zacks Rank of #3 at present.

Earnings Estimates

Image Source: Zacks Investment Research

Annaly Capital: Diversified Mortgage ExposureNLY’s strength lies in its diversified investment strategy, spanning residential credit, mortgage servicing rights (MSRs) and Agency MBS. This approach helps reduce volatility and interest rate sensitivity while targeting attractive risk-adjusted returns.

As of March 31, 2026, NLY managed a $106.7-billion portfolio, with $92.2 billion in liquid Agency assets. The company is also expanding its MSR business, which serves as a hedge against rising rates by gaining value when prepayments slow. By balancing Agency MBS with MSRs, it enhances yield, mitigates risks and positions itself for more stable long-term performance across rate cycles.

With easing mortgage rates and rising refinancing, Annaly is positioned for book value gains as tighter Agency spreads lift asset prices. A wider net interest spread should also enhance portfolio yields, supporting stronger financial performance ahead.

The company’s 2026 earnings estimates have been unchanged at $2.98 per share over the past week, indicating year-over-year growth of 2.1%. NLY has a Zacks Rank of #3 at present.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Earnings Estimates

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TORONTO, June 17, 2026 (GLOBE NEWSWIRE) -- In a release issued earlier today by Sysco Corporation, please note that presenters involved have changed. The corrected release follows:

James Maloney, member of parliament for Etobicoke-Lakeshore, and other elected officials will join Sysco Canada on June 18, 2026 to present Second Harvest with a $50,000 donation.

The contribution, made through Sysco’s Nourishing Neighbours program, marks a milestone 26-year partnership and underscores Sysco Canada’s ongoing commitment to reducing hunger and food waste across Canada.

The contribution, made through Sysco’s Nourishing Neighbours program, underscores the company’s ongoing commitment to reducing hunger and food waste across Canada.

Over the course of Sysco Canada’s longstanding collaboration with Second Harvest, we have donated more than 1.34 million pounds of surplus food, equivalent to over one million meals, helping ensure good food reaches communities in need nationwide.

Sysco leaders, volunteers, and guests will conclude the event with a hands-on food sorting activity immediately following the press conference.

Event Details

What: Press Conference and presentation of $50,000 donation celebrating Sysco Canada and Second Harvest’s 26-year partnership
When: Thursday, June 18, 2026, 2:30 p.m. to 3:30 p.m. (new time)

RSVP IS REQUIRED TO ATTEND. Email [email protected] if you plan to attend and to receive additional information. Accredited media only.

Why It Matters

Food insecurity remains a persistent challenge across Canada, particularly in Northern and remote communities where access is more limited. Partnerships like the one between Sysco Canada and Second Harvest play a critical role in closing this gap by redistributing surplus food to non-profits and community organizations nationwide.

Through its Nourishing Neighbours program, Sysco Canada continues to invest in community-based solutions—directing proceeds from select products to support organizations focused on food access and hunger relief. As part of a multiyear commitment, 15% of all program donations will support Second Harvest’s efforts in Northern communities, where the need is especially acute.

In fiscal 2025 alone, Sysco Canada donated more than 1.2 million meals, over $365,000 in financial support, and more than 13,000 volunteer hours, supporting 220+ community partners across the country.

This milestone event highlights how long-term collaboration between businesses and non-profits can deliver measurable impact—reducing food waste while building stronger, more resilient communities.

Contact Information:
Heather Osler
[email protected]
(437) 239-5169

About Sysco

Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 337 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The company generated sales of more than $81 billion in fiscal year 2025 that ended June 28, 2025. As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions. For more information, visit www.sysco.ca
About Second Harvest

Second Harvest is Canada’s largest food rescue organization and a global thought leader on food waste and perishable food redistribution. It rescues unsold surplus food from thousands of food businesses from across the supply chain to redistribute it to non-profits in every province and territory. This prevents harmful greenhouse gases from entering the atmosphere while improving access to nutrition for millions of Canadians experiencing food insecurity. Beyond food rescue and redistribution, Second Harvest is deeply involved in advocacy, research, training and education. Its groundbreaking reports, such as “The Avoidable Crisis of Food Waste,” provide critical data and insights to inform public policy and educate the public on sustainable food systems.

Second Harvest is committed to driving systemic change, helping to shape policies and practices that reduce food waste and address its role in climate change, while also supporting communities by providing them with the food they need.

SYY-NEWS

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

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

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

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

The Style Scores are broken down into four categories:

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

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

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

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

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

That's where the Style Scores come in.

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

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

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

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

Stock to Watch: Sysco (SYY - Free Report) Headquartered in Houston, TX, Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice, or food-away-from-home, industry. The company serves approximately 730,000 customer locations, including restaurants, health care and educational facilities, lodging establishments and other foodservice customers. Sysco operates 337 distribution centers across 10 countries and has approximately 75,000 colleagues. In fiscal 2025, the company generated sales of more than $81 billion.

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

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 16.99; value investors should take notice.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.00 to $4.59 per share. SYY boasts an average earnings surprise of +2.1%.

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

Key Takeaways CB's net investment income rose 9.5% in the first quarter of 2026, driven by higher average invested assets. Adjusted net investment income at $1.84 billion, aided by asset growth & stronger private equity returns. Rising invested assets & portfolio yields are likely to keep investment income a key earnings driver. Chubb Limited (CB - Free Report) is one of the insurance industry's biggest beneficiaries of a higher-yield environment. Its large and conservatively managed investment portfolio has produced record net investment income over the past several years, creating a powerful earnings tailwind alongside its strong underwriting operations.

Net investment income (NII) is a major earnings driver for Chubb because it invests its large insurance float primarily in fixed-income securities, equities and other investments. Investment income provides earnings stability even when catastrophe losses affect underwriting results. Additionally, the metric strengthens Chubb's cash flow and capital position, enabling the company to fund dividends, share repurchases, acquisitions and strategic growth initiatives without relying solely on insurance operations.

Net investment income is influenced by several factors, including the amounts and timing of inward and outward cash flows, interest rates and changes in overall asset allocation. Net investment income increased 9.5% in the first quarter of 2026 compared with the year-ago quarter, primarily due to higher average invested assets.

Adjusted net investment income of $1.84 billion was at the top end of the previously guided range, primarily due to the increase in the invested asset base and stronger private equity returns. Chubb expects adjusted net investment income in the second quarter of 2026 to be between $1.825 billion and $1.85 billion.

As one of the world's largest property and casualty insurers, Chubb benefits significantly from a large and conservatively managed investment portfolio. Therefore, rising invested assets, higher reinvestment rates and disciplined investment management are the primary drivers of its net investment income growth.

As long as portfolio yields remain elevated and invested assets continue growing, net investment income should remain an important contributor to Chubb's earnings growth.

What About Other Insurers?Cincinnati Financial Corporation (CINF - Free Report) has been witnessing net investment income growth over the past few years. Investment income, net of expenses, is driven by higher interest income and solid cash flow, in addition to higher bond yields. The company expects its investment philosophy and initiatives to drive investment income growth and generate a total return on equity investment portfolio over a five-year period that exceeds the five-year return of the S&P 500 Index. Cincinnati Financial believes that its investment portfolio mix provides an appropriate balance of income stability and growth, with capital appreciation potential.

The Travelers Companies, Inc.’s (TRV - Free Report) net investment income is a material contributor to the company’s results of operations, consistently providing a reliable source of earnings that complements its underwriting activities. Net investment income acts as a second earnings engine for TRV after underwriting profit. The metric significantly boosts top-line growth for Travelers by generating steady earnings from investing policyholder premiums in bonds and other income-producing assets.

CB’s Price PerformanceShares of CB have gained 13.4% in the past year against the industry’s decline of 1.6%.

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CB’s OvervaluationThe stock is overvalued compared with its industry. It is currently trading at a price-to-book value multiple of 1.58, higher than the industry average of 1.39. It carries a Value Score of B.

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Estimate Movement for CBThe Zacks Consensus Estimate for CB’s third-quarter 2026 EPS has moved down 0.6% in the past 60 days. The same for full-year 2026 and 2027 EPS has both moved up 0.6% in the past 60 days.

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Xperi (XPER - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

Therefore, the Zacks rating upgrade for Xperi basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Xperi, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for XperiFor the fiscal year ending December 2026, this media software company is expected to earn $0.85 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Xperi. Over the past three months, the Zacks Consensus Estimate for the company has increased 2.9%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Xperi to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Robinhood Markets, Inc. (NASDAQ:HOOD).

Lending support to his choice, Needham analyst John Todaro maintained Robinhood at Buy on June 11 and raised the price target from $85 to $97.

Don't forget to check out our premarket coverage here

Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, picked The Charles Schwab Corporation (NYSE:SCHW).

According to recent news, Charles Schwab reported total client assets of $13.14 trillion at the end of May, up 27% year over year on June 12.

Joseph M. Terranova, senior managing director for Virtus Investment Partners, named State Street Corporation (NYSE:STT), a financial stock.

On the earnings front, State Street said it will announce its second-quarter financial results on Thursday, July 16. Analysts expect the company to report quarterly earnings at $3.15 per share on revenue of $3.77 billion.

Price Action:

Robinhood shares fell 1.4% to close at $96.71 on Tuesday. iShares U.S. Industrials ETF rose 0.9% during the session. Charles Schwab shares climbed 3% to close at $93.67 on Tuesday. State Street shares gained 2.3% to settle at $171.29. Photo via Shutterstock

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Roundhill Investments Generative AI & Technology ETF offers a significantly higher 1-year total return and trailing-12-month dividend yield than State Street Technology Select Sector SPDR ETF State Street Technology Select Sector SPDR ETF features a much lower expense ratio and significantly larger assets under management Roundhill Investments Generative AI & Technology ETF is more volatile: it carries a higher beta profile and experienced a steeper maximum drawdown than State Street Technology Select Sector SPDR ETF

The iShares Global REIT ETF (REET +0.77%) offers low-cost, global real estate exposure, while the State Street SPDR Dow Jones REIT ETF (RWR +1.31%) provides a more concentrated, higher-cost portfolio strictly focused on the United States.

Investors often turn to real estate investment trusts (REITs) for reliable income and potential protection against inflation through physical assets. While the iShares fund serves as a broad-market tool for capturing global property trends across multiple continents, the State Street fund homes in specifically on the domestic market, tracking the Dow Jones U.S. Select REIT Capped Index to reflect American property performance.

Snapshot (cost & size)MetricREETRWRIssueriSharesSPDRExpense ratio0.14%0.25%1-yr return (as of June 18, 2026)9.3%13.1%Dividend yield3.4%3.4%Beta0.991.01AUM$4.9 billion$1.8 billionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

The iShares fund is the cheapers option for long-term holders, with an expense ratio of 0.14%. Their dividend yields are the same.

Performance & risk comparisonMetricREETRWRMax drawdown (5 yr)(32.20%)(32.60%)Growth of $1,000 over 5 years (total return)$1,145$1,258What's insideThe State Street fund focuses almost exclusively on U.S. real estate. Its 99 holdings are more concentrated than its global peer; its largest positions include Prologis (PLD +0.99%) at 9.91%, Welltower (WELL +2.94%) at 9.50%, and Equinix (EQIX +0.00%) at 4.75%. This fund, launched in 2001, manages $1.8 billion in AUM and has a trailing-12-month dividend payout of $3.73 per share.

In comparison, the iShares fund holds 319 positions, spanning developed and emerging markets globally. Its portfolio is 100% invested in real estate, with its largest positions including Welltower at 8.07%, Prologis at 7.45%, and Equinix at 5.88%. Launched in 2014, the iShares fund manages $4.9 billion in AUM and has a trailing-12-month dividend of $0.93 per share.

For more guidance on ETF investing, check out the full guide at this link.

What this means for investorsThese ETFs have comparable recent returns and dividend yields. The State Street fund has a slightly higher expense ratio, but I don't think it's meaningful enough to influence whether someone should invest in it.

One area of differentiation that stands out to me, however, is concentration risk. RWR holds far fewer stocks than REET, and its top five holdings make up roughly 33% of the portfolio. Those five equities will have an outsize impact on the fund's performance. The State Street ETF is also smaller overall in terms of assets under management, and its average trading volume is a fraction of its peer's.

Given the concentration risk and much lower liquidity, I'd be more inclined to invest in REET than RWR.

In the latest close session, Freeport-McMoRan (FCX - Free Report) was down 6.95% at $64.40. The stock trailed the S&P 500, which registered a daily loss of 1.44%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 2.22%.

The mining company's shares have seen an increase of 11.65% over the last month, surpassing the Basic Materials sector's loss of 0.5% and the S&P 500's gain of 0.08%.

Analysts and investors alike will be keeping a close eye on the performance of Freeport-McMoRan in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.6, marking a 11.11% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.37 billion, down 15.99% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.56 per share and a revenue of $27.5 billion, signifying shifts of +44.63% and +6.12%, respectively, from the last year.

Investors should also pay attention to any latest changes in analyst estimates for Freeport-McMoRan. Such recent modifications usually signify the changing landscape 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. 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, 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. Within the past 30 days, our consensus EPS projection has moved 0.21% lower. Right now, Freeport-McMoRan possesses a Zacks Rank of #3 (Hold).

In the context of valuation, Freeport-McMoRan is at present trading with a Forward P/E ratio of 27.04. This valuation marks a premium compared to its industry average Forward P/E of 25.99.

Meanwhile, FCX's PEG ratio is currently 0.84. 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 Mining - Non Ferrous industry had an average PEG ratio of 1.47 as trading concluded yesterday.

The Mining - Non Ferrous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 104, which puts it in the top 43% 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.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

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

Zacks Premium also includes the Zacks Style Scores.

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

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

The Style Scores are broken down into four categories:

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

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

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

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

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

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

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

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

Stock to Watch: Southern Copper (SCCO - Free Report) Phoenix, AZ-based Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals. The company conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru.

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

Momentum investors should take note of this Basic Materials stock. SCCO has a Momentum Style Score of A, and shares are up 7.4% over the past four weeks.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.83 to $7.62 per share. SCCO also boasts an average earnings surprise of +9.1%.

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

The Kroger Co. (KR) Q1 2027 Earnings Call Transcript

By PYMNTS  |  June 18, 2026

 | 

Kroger’s revenues ticked up slightly last quarter as its shoppers felt increased financial strain.

“The customer is under pressure,” Greg Foran, chief executive of America’s largest traditional supermarket chain, said Thursday (June 18) as Kroger reported earnings showing revenues up 1%, compared to a 3.2% rise in the same quarter last year.

“High gas prices and reduced SNAP benefits are squeezing budgets,” Foran continued. “Customers are managing spend carefully and shopping with real intent. That pressure is showing up in the market.”

SNAP, he said later in the call, is impacted the most in three states in particular, a phenomenon that shows up in terms of the price of fuel impacting “when that price gets up to what it has.”

“I think we see that some of the basket sizes, some of the items that people buy tend to be traded down a bit. I think that helps probably with Our Brands and how we’re operating,” he added, referring to the company’s private label products.

Those brands outpaced national brands by 175 points during the quarter, said Foran, a Walmart vet who became CEO in February. The quarter also saw Kroger’s eCommerce business turn a profit, with revenues from that unit up 19% and attracting a record number of new households.

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Foran also noted that Kroger’s omnichannel customers — those who shop both online and in person — spend nearly two and a half times more than in store-only shoppers. And 95% of all transactions, he said, are tied to the company’s loyalty card.

The selective behavior Kroger is witnessing from its shoppers is in keeping with PYMNTS Intelligence research, which found that financially stressed consumers across generations continually cite grocery prices as a hardship.

Foran told Bloomberg News in May that the company was considering significant price reductions as it tries to reclaim market share from companies such as Walmart that have pushed into the traditional grocery space.

During Thursday’s call, the executive spoke of opportunities for Kroger to “sharpen” its pricing and “make value simpler” for its shoppers.

“Over time our promotions have gotten too complicated and our price position has not kept pace where it needed to,” Foran said.

“Let me be clear on what this means. We do not need to be the lowest price retailer. We need to be more competitive, more consistent and easier for customers to understand. When a customer is deciding where to shop, we want more of them.”

Meanwhile, rival grocery chain Aldi is spending $9 billion as it tries to compete with Kroger in the U.S. According to a Financial Times (FT) report Thursday, the German company plans to have 4,000 stores nationwide, giving it more locations than Kroger.

“We don’t know what the ceiling is,” Scott Patton, Aldi USA’s chief commercial officer, told the FT. “We’re trying to take market share from anyone who sells groceries.”

Kroger Co. is upgraded to Buy after a post-earnings drop, with valuation offering a solid margin of safety amid potential business improvements. KR maintains 2026 guidance for 1–2% identical sales growth, $5.10–$5.30 EPS, and $2.7B–$2.9B FCF despite macro headwinds. The new CEO is pursuing price cuts to drive long-term differentiation and growth alongside their mixed (digital and brick-and-mortar) expansion.

Kroger faces mounting pressure as weak Q1 gross margins and volume losses drive a notable earnings miss and stock decline. KR's guidance remains intact, but I expect full-year results at the low end of ranges, with continued volume losses and gross margin pressure. KR's defensive compounder status is in jeopardy; I assign a Hold rating and a $51 price target, reflecting limited upside and better value elsewhere.

Thistle Resources (TSX-V:TRCG, OTC:TRCGF) has completed the second anniversary payment under its option agreement for the Brunswick antimony project in New Brunswick, keeping the company on track to acquire full ownership of the property.

The payment comprised $25,000 in cash and 250,000 common shares issued to optionor Prospect 'Or Corp.

The Brunswick project spans approximately 199 mineral claim units across four blocks, known as Pabineau River 1, Pabineau Falls Granite, Brunswick East and Knights Brook.

Under the staged earn-in arrangement, Thistle may acquire a 100% interest in the project by making aggregate cash payments of $90,000 and issuing a total of 1 million common shares over the term of the option agreement, subject to a 2% net smelter return royalty in favour of Prospect 'Or Corp.

Key Takeaways Kroger's Q1 earnings missed estimates, while sales rose 2.2% and topped expectations. Adjusted e-commerce sales grew 19%, led by delivery and convenience orders under an hour. Kroger reaffirmed fiscal 2026 guidance for identical sales growth, profits and free cash flow. The Kroger Co. (KR - Free Report) reported first-quarter fiscal 2026 adjusted earnings of $1.58 per share, which missed the Zacks Consensus Estimate of $1.59 by 0.63%. The bottom line improved 6% from $1.49 reported in the year-ago quarter.

Total sales of $46,121 million increased 2.2% year over year and beat the consensus mark of $45,524 million by 1.31%. The quarter benefited from solid e-commerce gains, continued strength in Our Brands and higher customer traffic, though cost pressures and price investments weighed on margins.

KR's Sales Reflect Grocery MomentumKroger’s identical sales, excluding fuel and adjustment items, increased 1% year over year. This included an unfavorable 130-basis-point impact from the Inflation Reduction Act.

Excluding fuel and Vitacost, sales rose 0.5% from the year-ago period. Management noted that grocery sales represented a larger portion of the overall mix, pointing to improving trends in the company’s core business.

Kroger's Digital Business Shows StrengthAdjusted e-commerce sales grew 19% year over year, led by delivery. Convenience orders delivered in under an hour represented approximately 50% of digital growth.

The company also achieved profitability in e-commerce, including media, for the first time. Management attributed the improvement to store-based fulfillment, reduced the cost to serve and continued scaling of its hybrid fulfillment model.

KR's Brands and Pharmacy Support GrowthOur Brands gained share and outpaced national brands by 175 basis points. The performance was driven by innovation in Private Selection and momentum in Simple Truth.

Pharmacy delivered profit growth despite top-line pressure. The business was supported by core script growth, GLP-1 demand and an accelerating shift from branded to generic medications, which hurt sales but aided profitability.

Kroger's Margins Face Cost HeadwindsGross margin was 22.7% of sales compared with 23% in the prior-year quarter. The decline stemmed from a higher fuel sales mix, higher transportation costs, egg deflation and planned price investments.

FIFO gross margin rate, excluding rent, depreciation and amortization, fuel and adjustment items, declined 9 basis points. Transportation costs created a 15-basis-point headwind, as higher oil prices increased fuel-related logistics costs.

KR's Operating Profit Edges HigherOperating profit came in at $1,407 million compared with $1,322 million in the year-ago quarter. Adjusted FIFO operating profit was $1,544 million, up from $1,518 million.

The operating, general and administrative rate, excluding fuel and adjustment items, rose 16 basis points. The increase reflected planned investments in associate wages, store hours, training and uniforms, partly offset by productivity initiatives and the lapping of higher multi-employer pension contributions.

Kroger's Cash Flow and Debt PositionKroger generated $1,774 million in net cash provided by operating activities in the quarter compared with $2,149 million in the prior-year period. Capital investments, excluding lease buyouts, totaled $1,450 million.

The company ended the quarter with cash and temporary cash investments of $2,873 million. Total debt was $16,995 million, while net total debt to adjusted EBITDA was 1.75, below the company’s target range of 2.30-2.50.

Image Source: Zacks Investment Research

KR's Guidance Remains IntactKroger reaffirmed its fiscal 2026 outlook. The company expects identical sales without fuel to grow 1-2%, including about 130 basis points of unfavorable impact from the Inflation Reduction Act.

The company continues to expect FIFO operating profit of $5-$5.2 billion and adjusted earnings of $5.10-$5.30 per share. Free cash flow is projected at $2.7-$2.9 billion, while capital expenditures are expected to be $3.8-$4 billion.

Shares of this Zacks Rank #3 (Hold) company have declined 21.3% over the past year compared to the industry’s growth of 20.3%.

Picks You Can’t Miss Out OnRoss Stores, Inc. (ROST - Free Report) is one of the largest off-price apparel and home fashion chains in the United States. ROST sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The consensus estimate for Ross Stores’ current fiscal-year sales and earnings implies growth of 9.1% and 17.1%, respectively, from the year-ago reported figures. ROST delivered a trailing four-quarter earnings surprise of 10.2%, on average.

 Casey's General Stores, Inc. (CASY - Free Report) is one of the leading convenience store chains in the United States. CASY currently sports a Zacks Rank #1.

 The Zacks Consensus Estimate for Casey's current fiscal-year sales and earnings calls for growth of 17.8% and 9.1%, respectively, from the year-ago reported figures. CASY delivered a trailing four-quarter earnings surprise of 18.4%, on average.

The Chef's Warehouse, Inc. (CHEF - Free Report) , a specialty food distributor serving restaurants, hotels and hospitality customers, sports a Zacks Rank #1 at present.

The Zacks Consensus Estimate for The Chef's Warehouse’s current financial-year sales and earnings indicates growth of 8.3% and 24.7%, respectively, from the prior-year reported levels. CHEF delivered a trailing four-quarter earnings surprise of 28.9%, on average.

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Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

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

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VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

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

Stock to Watch: Kroger (KR - Free Report) The Kroger Co., which operates in the thin-margin grocery industry, has been undergoing a complete makeover, not only with respect to products but also in terms of the way consumers prefer shopping grocery. The company is focusing on plant-based products as well as eyeing technological expansion. It acquired meal kit company Home Chef and partnered with British online grocery delivery firm Ocado that reinforces its position in the online ordering, automated fulfillment and home delivery space. It has also introduced grocery delivery service Kroger Ship and inked a deal with driverless car company Nuro.

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

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 10.78; value investors should take notice.

For fiscal 2027, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $5.25 per share. KR boasts an average earnings surprise of +2.8%.

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

This Sunday, June 21, is the Summer Solstice in the Northern Hemisphere, which officially marks the first day of summer. To celebrate the arrival of many people’s favorite time of the year, the supermarket giant Kroger is giving away 100,000 free pints of ice cream. But if you want one, you’ll have to act fast today.

How do I get my free ice cream from Kroger?Kroger and its subsidiaries are giving away 100,000 pints of ice cream through a coupon system.

Today, Friday, June 19, beginning at 12 p.m. ET, Kroger will give away the 100,000 coupons on a first-come, first-served basis, while supplies last.

To grab one, you’ll need to go to the website FreeKrogerIceCream.com and choose a participating store from the drop-down list provided. You’ll then be given access to your digital coupon, which can be redeemed for one free pint of ice cream.

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What type of ice cream can the coupon be redeemed for?The digital coupon can be redeemed for any pint of Kroger® Brand Ice Cream.

Kroger offers numerous flavors of branded ice cream, including traditional ones like vanilla, chocolate, mint chocolate chip, and rocky road. 

And to celebrate the summer, the company is also introducing a limited-time All-American Ice Cream collection featuring three new flavors: Seventh Inning Swirl, Sweet As Cherry Pie, and Banana Split Social.

Explore Topicsice creamkroger

Last Thursday was a rough day for Kroger (KR +2.31%) shareholders. The stock fell nearly 8% -- its largest single-day drop in close to five years -- after the grocery chain's first-quarter results landed one penny below Wall Street's earnings estimate. One penny. The irony of that drop is almost too on-the-nose for a company whose new CEO has spent his first 100 days publicly declaring that lower prices and more value for shoppers are his top priorities.

This is how the market works sometimes. A company posts $46.12 billion in quarterly revenue (beating expectations) and maintains its full-year guidance -- and yet the stock falls 8% because of a rounding error in earnings per share.

The reaction has little to do with what Kroger actually is and everything to do with how investors feel right now: scared. Inflation just hit its fastest annual pace in more than three years. The Federal Reserve signaled the possibility of a rate hike in its most recent meeting, sending stocks to their worst "Fed day" since 1994. Consumer confidence sat at 93.1 in May. People are rattled, and rattled people sell.

But that creates a window -- in this case, for Kroger investors.

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What Kroger is building Greg Foran took over as CEO in February with a resume investors should know: he ran Walmart's U.S. division and is credited with one of the most successful operational turnarounds in modern retail history. His strategy at Kroger isn't complicated. "The basket has to come down," he said publicly in May. He plans to cut prices on thousands of products, funded by better supplier sourcing and technological efficiency, not by squeezing margins blindly.

Behind that price-cut strategy is a digital business that has posted seven consecutive quarters of double-digit growth and is expected to reach profitability in the first half of 2026. Kroger's e-commerce operation is now a $16 billion business. It has partnerships with Instacart and DoorDash for same-day delivery. It launched an agentic AI shopping tool -- the kind that helps customers build grocery baskets, plan meals, and find deals -- that it is rolling out to more divisions this year.

Image source: Getty Images.

Kroger also introduced more than 1,100 new private-label products in fiscal 2025, up from 900 the prior year. Private label is what happens when a retailer becomes a brand. These are the products where margins are highest, loyalty is deepest, and consumers return regardless of what the economy is doing.

Why this dip is a great buying opportunity Kroger's shares are now trading near a 52-week low. The stock yields around 2.26% at current prices. The company is planning capital expenditures of $3.8 billion to $4 billion in 2026, with a 30% increase in new store openings and expansion into two new geographic regions.

None of that changed yesterday. The grocery category is one of the most durable in all of retail. People eat regardless of what the Fed does.

Kroger is not a growth stock. It is a compounding machine for patient capital -- a business with 2,700 stores, a growing digital arm, and a CEO who knows how to turn the flywheel. For investors with a long time horizon, the fear-driven sell-off looks less like a warning and more like the kind of entry point that, in hindsight, looks obvious.

Micah Zimmerman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash and Walmart. The Motley Fool recommends Instacart and Kroger. The Motley Fool has a disclosure policy.

Industry Leaders Gather in the Washington D.C. metro area in June 2027

, /PRNewswire/ -- Kroger Health, (NYSE: KR) Hy-Vee and Ahold Delhaize USA announced they are working together to elevate the Nourishing Change movement, advancing the future of health. Founded by Kroger Health, the initiative brings together leaders from across healthcare, retail, food, pharmacy, policy, technology, academia and community organizations. Ahold Delhaize USA, the parent company of omnichannel grocery brands Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop, will join Kroger Health and Hy-Vee as a host for the 2027 Nourishing Change Conference in Washington D.C.

Kroger Health, Hy-Vee and Ahold Delhaize USA to Convene Industry Leaders Advancing the Future of Health at Nourishing Change The announcement follows the 2026 Nourishing Change Conference co-hosted by Kroger Health and Hy-Vee in Des Moines, Iowa, which brought together more than 1,200 leaders and more than 60 emerging brands to explore solutions that help people live healthier lives. The event was another step forward in a growing movement to improve health through collaboration, innovation and action.

"Nourishing Change's ethos is that the challenges facing America's health system are too large for any one company to solve alone," said Colleen Lindholz, group vice president and president of Kroger Health. "When Kroger Health, Hy-Vee and Ahold Delhaize USA stand together, it sends a clear message that improving health outcomes is important to each of our companies.. Taking this movement to Washington D.C is a natural next step in showing what's possible when industry leaders unite around a common purpose."

As chronic disease trends, GLP-1 adoption and growing interest in food and health continue to reshape American healthcare, the Nourishing Change movement reflects a shared belief that some of the greatest opportunities to improve health begin in the places people visit every day. Kroger Health, Hy-Vee and Ahold Delhaize USA are working to shape the future of health by advancing ideas, relationships and solutions needed to help communities thrive.

"Improving access to affordable, nutritious food and supporting healthier communities is at the heart of what we do," said Marc Stolzman, Chief Sustainability Officer, Ahold Delhaize USA. "Through a family of local brands, we see every day the important role retailers play in improving access and supporting the communities they serve. As a host of Nourishing Change 2027, we're proud to help bring this conversation forward to Washington, D.C., where leaders across sectors can come together to advance practical solutions that make a difference for customers and communities."

"Hosting Nourishing Change this year gave us a firsthand look at what happens when people and industries come together around a common goal," said Aaron Wiese, President, Hy-Vee, Inc. "The conversations recently in Des Moines were thoughtful, practical and focused on real challenges facing communities today. This conference shows that when leaders from various backgrounds come together, we have an opportunity for lasting change across health and wellness."

The Nourishing Change Steering Committee, a coalition of retail and healthcare leaders, supports this announcement and works year-round to advance collaborative solutions across food, pharmacy, prevention, workforce development and health system transformation.

Founded by Kroger Health in 2024, Nourishing Change was created to elevate new thinking around nutrition, prevention, retail health, and community well-being. Since then, it has grown into a national forum. Additional details regarding the 2027 Nourishing Change Conference and opportunities to engage with the movement will be announced in the coming months. To learn more, visit nourishingchange.com.

About Kroger Health
Kroger Health, the healthcare division of The Kroger Co., is one of America's leading retail healthcare organizations. Kroger Health and the Kroger Family of Pharmacies operate more than 2,200 pharmacies in 35 states, serving more than 17 million patients annually. The Little Clinic offers telehealth services in nine states and operates more than 220 in-person clinics in eight states. Our team of healthcare practitioners, including pharmacists, nurse practitioners, dietitians and technicians, believe in practicing at the top of our licenses, enabling food for health to help prevent disease before it starts, and helping people live healthier lives. For more information, visit https://www.kroger.com/health.

About Hy-Vee
Hy-Vee, Inc. is an employee-owned corporation operating more than 560 business units across nine Midwestern states with sales of more than $14 billion annually. The supermarket chain is synonymous with quality, variety, convenience, healthy lifestyles, culinary expertise and superior customer service. Hy-Vee was recently named one of the top grocery stores in America by USA TODAY. The company's more than 70,000 employees provide "A Helpful Smile in Every Aisle" to customers every day. For additional information, visit www.hy-vee.com.

About Ahold Delhaize USA
Ahold Delhaize USA, a division of international food retailer Ahold Delhaize, is part of the U.S. family of brands, which also includes five leading omnichannel grocery brands: Food Lion, The GIANT Company, Giant Food, Hannaford and Stop & Shop. When considered together, the companies of Ahold Delhaize USA comprise the largest grocery retail group on the East Coast and the fourth largest in the nation, serving 26 million omnichannel customers each week. Ahold Delhaize USA was recently recognized as a Top Employer in the U.S. by the Top Employers Institute for the second consecutive year, underscoring the company's commitment to cultivating an exceptional, people centered workplace. For more information, visit www.adusa.com.

SOURCE The Kroger Co.

REDWOOD CITY, Calif., June 17, 2026 (GLOBE NEWSWIRE) -- Mercurius Media Capital (MMC), the first U.S.-based pooled media-for-equity fund, today announced a $5 million media-for-equity investment in Copper, a rapidly growing financial empowerment company helping Americans earn, save, and make smarter financial decisions through its consumer rewards and commerce platform.

The investment will provide Copper with access to MMC's premium media network and advertising inventory, enabling the company to accelerate customer acquisition, expand brand awareness, and continue investing in product innovation as it scales nationwide.

Founded by fintech entrepreneurs Eddie Behringer and Stefan Berglund, Copper is on a mission to narrow the economic gap by making earning money universally accessible and truly rewarding. The company has built a diversified consumer platform powered by rewards, commerce, receipt intelligence, and emerging AI-driven shopping experiences.

Today, Copper has processed more than 29 million receipts over the past 12 months, maintains a 4.7-star rating across more than 100,000 app store reviews, and has built a growing network of more than 100 direct advertiser relationships spanning financial services, gaming, retail, and consumer packaged goods.

“What drew us to Copper is the durability of what they’ve built. By combining rewards, commerce, and consumer intelligence into a compelling user experience, Copper has created a powerful data asset that becomes more valuable with scale,” said Piyush Puri, Founding Partner of Mercurius Media Capital. “Eddie, Stefan, and the team have demonstrated exceptional execution, building a rapidly growing platform with strong economics and significant long-term potential. We believe Copper is uniquely positioned at the intersection of financial empowerment, consumer commerce, and artificial intelligence, and is well positioned to build category-defining products as the market continues to evolve.”

Copper enables consumers to earn rewards through everyday activities including shopping, receipt scanning, offers, surveys, gaming experiences, and other engagement opportunities. The company is also leveraging its proprietary consumer transaction and receipt dataset to develop AI-powered commerce and shopping tools designed to help consumers discover products, save money, and make more informed purchasing decisions.

"Most consumer platforms are designed to take more from the user - more time, more money, more attention,” said Eddie Behringer, CEO of Copper. “We’re building the opposite. Copper is designed to give value back, whether that’s through how you spend your time or how you spend your money day to day. "

Through MMC's media-for-equity model, Copper will gain access to premium advertising inventory across television, digital, streaming, out-of-home (OOH), and other high-impact media channels. The partnership is expected to significantly increase Copper's national visibility while allowing the company to preserve capital for product development, engineering, and continued growth initiatives.

Copper joins MMC's growing portfolio of innovative consumer and technology companies leveraging media capital to accelerate growth, expand market presence, and build category-defining brands.

About Copper

Copper is a financial empowerment company on a mission to narrow the economic gap by making earning money universally accessible and truly rewarding. Through its consumer platform, users can earn rewards through shopping, receipt scanning, gaming, surveys, offers, and other everyday activities while gaining access to tools designed to improve financial outcomes. Copper is also developing AI-powered commerce solutions leveraging one of the largest consumer receipt datasets in its category. For more information, visit www.getcopper.com.

About Mercurius Media Capital

Mercurius Media Capital (MMC) is the first U.S.-based media-for-equity fund, providing growth-stage companies with access to premium advertising inventory in exchange for equity. Co-founded by Satyan Gajwani and Piyush Puri, MMC builds on more than 15 years of media capital experience and partners with leading media organizations to help high-growth companies accelerate customer acquisition, expand brand awareness, and scale efficiently.

Media Contact:

Kavitha Ramaswamy
[email protected]