Primoris snížila výhled na rok 2026 kvůli překročení nákladů a zpožděním u šesti projektů; očekává tržby v segmentu obnovitelných zdrojů ve výši 2,1 až 3 mld. USD.
The Law Offices of Frank R. Cruz Announces Investigation of Primoris Services Corporation (PRIM) on Behalf of Investors The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of acquired Primoris Services Corporation ("Primoris" or the "Company") (NYSE: PRIM) concerning whether the board breached its fiduciary duties to shareholders.
IF YOU ARE A PRIMORIS SERVICES CORPORATION (PRIM) SHAREHOLDER, CLICK HERE TO PARTICIPATE.
On June 22, 2026, Primoris revealed a series of business updates including the departure of its Chief Operating Officer and a further slash to its financial outlook for the full year of 2026, in part due to “cost overruns and delays” related to six of the Company’s projects. The Company also said it anticipates lower revenue and gross profit for full year 2026, primarily driven by lower expected revenue and gross profit in the renewables business, where it now sees full-year revenue at $2.1 billion to $3 billion.
If you still hold Primoris Services Corporation shares purchased before August 2025 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Key Takeaways EHC opened its first wholly owned Maine hospital, adding 50 beds for inpatient rehabilitation.EHC's Q2 2026 discharges rose 5.6%, driven by new capacity and 2.8% same-store growth.EHC opened three hospitals in the first half and plans eight new hospitals in 2026. Encompass Health Corporation (EHC - Free Report) has expanded its inpatient rehabilitation footprint with the opening of Encompass Health Rehabilitation Hospital of Bangor in Maine. The 50-bed facility is now accepting patients and marks the company’s first wholly owned hospital in the state. The hospital provides specialized rehabilitation for patients recovering from strokes, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions.
The hospital offers physical, occupational and speech therapy, along with 24-hour nursing care and frequent physician visits. Its facilities include private rooms, an advanced therapy gym, an activities of daily living suite, an in-house dialysis unit, a pharmacy and outdoor therapy areas. The location is also expected to expand access to post-acute rehabilitation while potentially easing capacity constraints at acute-care hospitals in the Bangor area.
The Bangor opening fits EHC’s broader strategy of adding capacity in markets where demand for inpatient rehabilitation remains favorable. In the second quarter of 2026, total discharges increased 5.6% year over year, while same-store discharges grew 2.8%, indicating that volume growth was driven by both new capacity and organic growth at existing hospitals. Net patient revenue per discharge also increased 3.9%, providing an additional boost to revenue growth.
EHC opened three hospitals totaling 139 beds in the first half of 2026 and added 54 beds through expansions at existing hospitals. The company plans to open eight new hospitals in 2026. The pace reflects EHC’s continued focus on growing its hospital network and increasing its bed capacity.
The Bangor facility could strengthen EHC’s long-term growth runway by adding capacity in a new wholly owned market while complementing its existing joint-venture presence in Portland. However, the returns from new hospitals will depend on how quickly beds ramp up and staffing costs are absorbed. With more openings planned this year, execution will remain key to sustaining EHC’s growth momentum.
EHC’s Price PerformanceYear to date, EHC’s shares have gained 17.5% compared with the industry’s growth of 21%.
Image Source: Zacks Investment Research
EHC’s Zacks Rank & Other Key PicksEHC currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the Medical space are Concentra Group Holdings Parent, Inc. (CON - Free Report) , Phibro Animal Health Corporation (PAHC - Free Report) and GeneDx Holdings Corp. (WGS - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Concentra Group’s current-year earnings of $1.65 per share has witnessed two upward revisions in the past 30 days against no movement in the opposite direction. CON beat earnings estimates in each of the trailing four quarters, with the average surprise being 16.3%. The consensus estimate for current-year revenues is pegged at $2.4 billion, suggesting 8.7% year-over-year growth.
The Zacks Consensus Estimate for Phibro Animal Health’s current-year earnings of $3.50 per share has witnessed one upward revision in the past 30 days against no movement in the opposite direction. PAHC beat earnings estimates in each of the trailing four quarters, with the average surprise being 18.4%. The consensus estimate for current-year revenues is pegged at $1.6 billion, suggesting 3.8% year-over-year growth.
The Zacks Consensus Estimate for GeneDx Holdings’ current-year earnings of 11 cents per share has witnessed one upward revision in the past 60 days against no movement in the opposite direction. WGS beat earnings estimates in three of the trailing four quarters and missed once. The consensus estimate for current-year revenues is pegged at $478 million, suggesting 11.8% year-over-year growth.
C.H. Robinson (CHRW) má před zveřejněním výsledků pozitivní ukazatel Earnings ESP ve výši +5,37 % a Zacks Rank č. 2; v posledních dvou čtvrtletích v průměru překonala odhady EPS o 7,05 %.
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider C.H. Robinson Worldwide (CHRW - Free Report) . This company, which is in the Zacks Transportation - Services industry, shows potential for another earnings beat.
This trucking company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.05%.
For the last reported quarter, C.H. Robinson came out with earnings of $1.61 per share versus the Zacks Consensus Estimate of $1.53 per share, representing a surprise of 5.23%. For the previous quarter, the company was expected to post earnings of $1.24 per share and it actually produced earnings of $1.35 per share, delivering a surprise of 8.87%.
Price and EPS Surprise
With this earnings history in mind, recent estimates have been moving higher for C.H. Robinson. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
C.H. Robinson has an Earnings ESP of +5.37% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner.
With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.
Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Key Takeaways SoFi launched SMB loans in Q2 2026, targeting underserved entrepreneurs with fast funding and pricing.A $3 billion Basepoint deal and another partnership provide capacity as SMB loan volumes scale.SoFi may eventually retain SMB loans, creating a path to recurring net interest income. SoFi Technologies (SOFI - Free Report) is widening its lending reach with small-business loans. The company launched SMB loans in the second quarter of 2026, targeting entrepreneurs who are often underserved by banks and charged high rates by newer lenders, according to management. SoFi is positioning the product around quick eligibility decisions, fast funding and competitive pricing through its digital-first platform.
The initial strategy is capital-light. SoFi said it is originating SMB loans through its Loan Platform Business rather than placing them on its balance sheet. Management disclosed a three-year, $3 billion agreement with Basepoint Capital and another partnership worth several hundred million dollars, providing capacity as volumes begin to scale.
That approach builds on momentum visible in the Loan Platform Business. In the second quarter, the platform generated $143.3 million of adjusted net revenues, supported mainly by $3.1 billion of personal loans originated for third parties and referrals. Expanding the platform into SMB lending gives SoFi another source of fee income while broadening the asset choices offered to capital partners.
Management said SMB application demand was considerable and expects the economics to be similar to or slightly better than those of its existing Loan Platform Business levels. Over time, SoFi may also retain some SMB loans on its balance sheet, creating a path to recurring net interest income.
The launch also comes during a strong second quarter for lending. Total originations reached a record $14.8 billion, up 69% year over year. Personal loans totaled $10.7 billion, followed by student loans at $2.7 billion and home loans at $1.4 billion, indicating firm member demand across SoFi’s core lending products.
How Are Competitors Faring?Capital One (COF - Free Report) competes with SoFi across consumer banking, lending and deposits while serving small businesses through financing solutions. It offers business lines of credit, real estate term loans and SBA 7(a), 504 and Express loans and lines for expansion and other financing needs. Real estate loans and business lines of credit are available up to $5 million.
American Express (AXP - Free Report) competes with SoFi in consumer financial services and extends its reach into small-business financing through its Business Line of Credit. The product gives businesses flexible access to capital through installment draws, transparent monthly fees and no application or origination fees. AXP offers business lines of credit ranging from $2,000 to $250,000.
SOFI’s Price Performance, Valuation and EstimatesShares of SOFI have decreased 12.2% in the past three months, underperforming the broader industry and the S&P 500 Index.
Image Source: Zacks Investment Research
From a valuation standpoint, SOFI trades at a forward price-to-earnings ratio of 20.61X, well above the industry’s 15.45X. It carries a Value Score of F.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for full-year 2026 EPS remained unchanged at 60 cents over the past two months.
Image Source: Zacks Investment Research
SOFI stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Generální ředitel společnosti SentinelOne Tomer Weingarten prodal v rámci předem sjednaného plánu 527 368 akcií po 25,26 USD za akcii, celkem přibližně za 13,32 milionu USD.
What happened SentinelOne, Inc. (NYSE: S) said President, CEO and director Tomer Weingarten sold 527,368 Class A shares on 2026-10-05.
The filing says the shares sold at $25.26 each, for about $13.32 million. It also says Weingarten held 1,717,510 shares after the sale.
The form says the trades were made under a Rule 10b5-1 plan adopted on July 2, 2026. It was filed on 2026-10-06. The same filing shows a 500,000-share conversion of Class B common stock into Class A common stock on 2026-10-05. It lists 2,244,878 shares before the sale.
It also lists 423,629 Class A shares held by an irrevocable trust. The filing further shows a fully vested employee stock option for 500,000 Class B shares, exercisable through 03/23/2031.
Key numbers Metric Latest Change Source Shares sold 527,368 shares SEC Form 4 Sale price $25.26 per share SEC Form 4 Sale value about $13.32 million SEC Form 4 Shares held after sale 1,717,510 shares SEC Form 4 Pre-sale holding 2,244,878 shares SEC Form 4 Class B shares converted 500,000 shares SEC Form 4 Read more: SentinelOne (S) stock analysis and investment case
Why it matters The sale was about 23.5% of the 2,244,878 shares Weingarten held before the trade. That makes it a large transaction, even if the filing says it was prearranged.
The filing gives investors a clean read on insider ownership after a large planned sale. It is mixed for OptimistFi's case because it does not change the operating thesis, but it does reduce the CEO's direct stake.
The sale does not change SentinelOne's operating goals. It does leave Weingarten with 1,717,510 direct shares, which gives investors a new ownership benchmark.
The filing also shows a 500,000-share conversion of Class B common stock into Class A common stock on the same date. The conversion came before the sale in the record.
The main caveat is the Rule 10b5-1 plan. The trade may have been set up before this filing and may not signal a fresh view on the business.
Browse: stock research on every company OptimistFi covers
What's next The next dated item in the form is the 03/23/2031 expiration of the fully vested employee stock option. The option was already fully vested on April 24, 2026, according to the filing.
Until then, the filing gives a reference point for Weingarten's direct ownership, not a new operating update. A later change in those holdings would be the clearest way this insider record could strengthen or weaken the read.
More from OptimistFi S stock: the SentinelOne thesis, its status and the next test to watch United States Brent Oil Fund, LP (NYSE Arca: BNO) Tracks a Supply Gap Alpha Teknova, Inc. (NASDAQ: TKNO) Adds Regulatory Support for PluriFreeze Meta Platforms, Inc. (NASDAQ: META) Has a Conditional $18 Billion Bill Stock research on every company OptimistFi covers Latest stock research and investment-case updates OptimistFi: evidence-first equity research Sources SEC Form 4 — Form 4 filed for Tomer Weingarten on 2026-10-06. Read the full OptimistFi thesis on SentinelOne, Inc.: https://optimistfi.com/stocks/S
See what would break the SentinelOne, Inc. thesis and track it live on the OptimistFi Thesis-Break Engine.
Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.
The full SentinelOne, Inc. investment case, its status and the next test to watch live on the SentinelOne, Inc. thesis page.
Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
Joby Aviation dokončila přibližně 75 % čtvrté fáze certifikace FAA; autor očekává, že cena akcie do konce roku 2029 dosáhne 15 USD, pokud firma zahájí sériovou výrobu.
Like a toddler, Joby Aviation (JOBY -1.64%) seems to be growing up fast.
No longer is it the speculative aviation stock of yesterday, the company with big ambitions but zero revenue and nothing to its name but an experimental aircraft. There are still unknowns to be solved -- how to scale its business while keeping costs under control -- but if last month's flight demonstrations in Texas showed us anything, it's that Joby is getting very close to turning its air taxi dreams into a commercial operation.
Where, then, will Joby Aviation be in three years? And how much will a $5,000 investment today be worth by then?
Image source: Joby Aviation.
What I expect from Joby over the next three years In a nutshell, Joby wants to commercialize a passenger electric vertical takeoff and landing (eVTOL) aircraft. Although it does not have regulatory approval to fly paying customers in an eVTOL, I believe it will in three years.
Indeed, Joby is already farther along in the five-stage FAA certification process than most people think. It has completed about 75% of the fourth stage, and it is now making steady progress through the fifth and final stage. In September, it began flight demonstrations in Texas for the White House-backed eVTOL Integration Pilot Program (eIPP). While Joby hasn't given a firm date for when it expects to receive this much-needed certification, I think it's reasonable to expect it will clear this hurdle well before the end of 2029.
Not only that, but I also expect Joby to produce more aircraft in that year. Right now, Joby's goal is to have the manufacturing capacity to produce four aircraft monthly in 2027. With help from its manufacturing partner, Toyota Motor, I think Joby will have the capacity to support even more aircraft by 2029.
Finally, I believe Joby's revenue will be significantly higher than today. Right now, Joby's revenue comes mostly from Blade's passenger business. By 2029, however, Joby will likely have several revenue streams, including its own air taxi services and defense work through its planned acquisition of Resonant Sciences.
JOBY Revenue (TTM) data by YCharts
A $5,000 investment in Joby today will be worth this much With all that said, I strongly believe Joby will more than double by the end of 2029. More specifically, I think shares will be worth $15 by then. Doing the math, a $5,000 investment today would be worth about $13,000 in three years.
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Granted, that's a very bullish estimate, and it very much assumes Joby clears the FAA hurdle and begins manufacturing at scale. If I were to project a more bearish scenario -- say, FAA-type certification takes longer than expected, or air taxis don't catch on quickly enough -- I'd see Joby trading at a price not much higher than today's.
That is, of course, the risk of investing in Joby: Its valuation today leaves plenty of room for growth, yet success isn't guaranteed.
As such, I'd continue to approach Joby Aviation stock with caution. A small speculative position might suit aggressive investors, but don't feel as if you have to buy this one yet if you're not comfortable with volatility.
Archer Aviation zatím nemá certifikaci FAA pro komerční přepravu; při čtvrtletním odtoku hotovosti ve výši 200 mil. USD může brzy potřebovat nové financování.
What if I told you there was a multi-trillion-dollar opportunity in aviation, one still in the early stages of growth, but could radically change the industry? If you're already familiar with Archer Aviation (ACHR -0.11%), then you probably know where I'm going with this.
Archer is developing electric vertical takeoff and landing (eVTOL) aircraft, better known as air taxis, that could eventually move passengers above congested city streets. Because time is money, and money buys convenience, Archer is betting that travelers will pay a premium to be shuttled over traffic. If Archer is right, its market valuation -- currently badly beaten down -- could grow several figures higher than its current $3.75 billion.
As this nascent industry grows, could Archer become a trillion-dollar company?
How Archer could grow, and what could stop it There's no denying that Archer Aviation has momentum right now. Well, let me take that back: It did have momentum, lots of it, so much so that the company continues to ride the last bit of it even though delays and stock dilution have brushed the dazzle out of investors' eyes.
Image source: Archer Aviation.
The good news is that Archer may lack the FAA type certification it needs to fly passengers commercially, but that hasn't stopped it from putting its flagship eVTOL, Midnight, through the wringer and laying the groundwork for eventual commercial operations.
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In September, Archer announced that Midnight completed a piloted round trip between Salinas and Hollister, California. Midnight reached 125 mph, cruised at 3,550 feet, covered more than 40 miles round trip, and completed each leg in 12 minutes. Better yet, the flight was conducted as part of Archer's No Roads tour, which is being closely coordinated with the FAA.
That's great news for Archer investors, but it's not revenue -- and for this cash-burning company, generating significant revenue from eVTOLs is a must right now. Archer will likely spend a good chunk of its roughly $1.6 billion in cash and equivalents on research and development. You might think a billion would last a while, but with a quarterly burn rate of $200 million, I'd be surprised if it lasted 24 months before it needs a fresh injection.
ACHR Cash and Short Term Investments (Quarterly) data by YCharts
Archer might be getting significant revenue through Insitu, a profitable drone manufacturer that it plans to acquire from Boeing. Still, eVTOLs are its bread and butter, and until it has revenue through that segment, the uncertainty around its future will be unbearable for most investors.
Does Archer really have what it takes to become a trillion-dollar company? Never say never -- so the saying goes -- but then again, hope is not a strategy, you shouldn't count your chickens before they hatch, and some things really are too good to be true.
All in all, I think conventional wisdom is stacked up against Archer's trillion-dollar growth scenario. Not because growing into a trillion-dollar company is impossible, but because the world in which a company like Archer could join the trillion-dollar club barely exists today. Plus, Archer isn't the only eVTOL company competing in this space -- there's also Joby Aviation, which is further along on the FAA certification timeline.
At this point, Archer Aviation might be good for a small speculative position, but I wouldn't go all in. There are plenty of growth stocks in better positions than this one to offer you handsome gains over the long term.
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of PennyMac Financial Services, Inc. (NYSE: PFSI) resulting from allegations that PennyMac may have issued materially misleading business information to the investing public.
So What: If you purchased PennyMac securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=51887 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On January 29, 2026, PennyMac filed a Current Report with the Securities Exchange Commission on Form 8-K announcing PennyMac's fourth quarter and full-year 2025 financial results. The report stated that PennyMac's "servicing segment pretax income was $37.3 million, down from $157.4 million in the prior quarter and $87.3 million in the fourth quarter of 2024," as well as "[retax income excluding valuation-related items was $47.8 million, down 70 percent from the prior quarter driven primarily by increased realization of mortgage servicing rights (MSR) cash flows as lower mortgage rates drove higher prepayment activity."
On this news, PennyMac's stock price fell $49.78 per share, or 33.3%, to close at $99.92 per share on January 30, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
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Microsoft představí Surface Laptop Ultra a platformu Nvidia RTX Spark s procesorem Arm; dopad na licenční příjmy Arm bude záviset na prodejích a licenčních poplatcích za procesory.
Microsoft's coming product details will test whether Arm architecture can extend beyond efficiency into premium AI computing. Summary
Arm gained another flagship design, but unit economics remain undisclosed.
Arm Holdings ARM, the processor-architecture licensor, faces a fresh test of its Windows ambitions as Microsoft prepares to detail Surface Laptop Ultra and Nvidia's Arm-based RTX Spark platform, with shares down 1.6% to $297.63 at approximately 11:25 a.m. ET on October 7. According to The Verge, the event will put the new hardware in focus. For investors, the question is simple: can Arm turn another premium-PC showcase into meaningful royalty growth?
Nvidia's announcement describes RTX Spark as pairing a Blackwell GPU with a 20-core Grace CPU developed with MediaTek, an established Arm licensee. Microsoft, Nvidia and participating PC manufacturers previously targeted fall availability for machines built to handle local AI agents and demanding creative work. That gives Arm another route beyond smartphones. The commercial payoff still depends on how many systems sell and what each processor earns for Arm.
The valuation graphic puts the shares 52.01% above the $195.79 GF Value estimate, suggesting substantial growth expectations are already priced in. A premium Windows launch strengthens Arm's expansion story, but Arm disclosed neither expected shipment volumes nor incremental royalty content. An expensive laptop does not automatically mean a large royalty payment. The number investors need is Arm's revenue per shipped processor—and enough shipments to make it matter.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Shares of Cleveland-Cliffs Inc. (NYSE:CLF – Get Free Report) shot up 8.4% on Monday. The company traded as high as $12.32 and last traded at $12.2750. 9,636,361 shares were traded during trading, a decline of 48% from the average session volume of 18,489,457 shares. The stock had previously closed at $11.32.
Cleveland-Cliffs News Summary Here are the key news stories impacting Cleveland-Cliffs this week:
Positive Sentiment: Wells Fargo upgraded Cleveland-Cliffs to Overweight and set a $14 price target, citing stronger steel pricing power, potential near-term earnings upside and “hidden” upside into 2027. The firm said fears surrounding the company’s planned Iowa steel mill may be creating a buying opportunity. Cleveland-Cliffs upgraded at Wells Fargo on steel pricing power Positive Sentiment: JPMorgan raised its price target to $13, adding to the positive analyst momentum and indicating greater confidence in Cleveland-Cliffs’ outlook. JPMorgan raises target for Cleveland-Cliffs stock Positive Sentiment: A broader rebound in metals prices helped Cleveland-Cliffs recover from its recent Stelco-related selloff. Investors are also looking ahead to the company’s October 19 earnings report, with the stock trading above its 50-day and 200-day moving averages based on the provided market data. Cleveland-Cliffs rises amid broader metals rebound Neutral Sentiment: The latest Wall Street rating cited in the news is “Hold,” suggesting that despite recent upgrades, analyst opinion remains mixed rather than uniformly bullish. Cleveland-Cliffs stock now rated Hold by Wall Street analysts Positive Sentiment: Cleveland-Cliffs showcased its $200 million grain-oriented electrical steel expansion at Butler Works during a visit by senior U.S. energy and commerce officials. The project highlights strategic domestic-steel investment and could support longer-term demand prospects. Cleveland-Cliffs Butler Works GOES expansion Negative Sentiment: Canadian officials asked Cleveland-Cliffs to submit a plan to preserve steel jobs at Stelco or potentially face legal action. The dispute could create additional costs, uncertainty and political pressure following the company’s Stelco-related decisions. Ottawa asks Cleveland-Cliffs for steel job plan Analyst Upgrades and Downgrades CLF has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Cleveland-Cliffs in a research report on Tuesday, July 21st. UBS Group set a $13.00 price target on Cleveland-Cliffs in a report on Monday, September 7th. Barclays raised their price objective on Cleveland-Cliffs from $9.00 to $10.00 and gave the company an “underweight” rating in a research report on Friday, July 24th. Bank of America reduced their price objective on Cleveland-Cliffs from $14.00 to $11.50 and set a “neutral” rating on the stock in a research note on Thursday, July 9th. Finally, Wells Fargo & Company raised Cleveland-Cliffs from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $12.00 to $14.00 in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $12.45.
Get Our Latest Report on CLF Cleveland-Cliffs Stock Performance The stock’s fifty day moving average is $11.92 and its two-hundred day moving average is $11.01. The firm has a market capitalization of $7.00 billion, a price-to-earnings ratio of -7.57 and a beta of 2.09. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.63 and a current ratio of 1.89.
Cleveland-Cliffs (NYSE:CLF – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The mining company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.01. The firm had revenue of $5.23 billion for the quarter, compared to analyst estimates of $5.15 billion. Cleveland-Cliffs had a negative net margin of 4.56% and a negative return on equity of 13.37%. The firm’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.50) EPS. Analysts forecast that Cleveland-Cliffs Inc. will post -0.04 earnings per share for the current year.
Institutional Trading of Cleveland-Cliffs Hedge funds have recently made changes to their positions in the stock. Johnson Financial Group Inc. bought a new position in Cleveland-Cliffs during the 2nd quarter valued at $30,000. Center for Financial Planning Inc. increased its position in shares of Cleveland-Cliffs by 119.0% in the 1st quarter. Center for Financial Planning Inc. now owns 3,322 shares of the mining company’s stock worth $28,000 after purchasing an additional 1,805 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Cleveland-Cliffs by 39.5% in the 2nd quarter. IFP Advisors Inc now owns 5,127 shares of the mining company’s stock valued at $48,000 after purchasing an additional 1,453 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Cleveland-Cliffs in the 2nd quarter valued at about $72,000. Finally, Versant Capital Management Inc lifted its position in shares of Cleveland-Cliffs by 24.3% during the second quarter. Versant Capital Management Inc now owns 8,243 shares of the mining company’s stock worth $77,000 after purchasing an additional 1,614 shares during the last quarter. Institutional investors and hedge funds own 67.68% of the company’s stock.
Cleveland-Cliffs Company Profile (Get Free Report)
Cleveland-Cliffs Inc is an integrated steel producer headquartered in Cleveland, Ohio. The company operates across the steelmaking value chain, including the mining and processing of iron ore, production of iron ore pellets, and manufacturing of finished steel products.
Cleveland-Cliffs primarily produces flat-rolled carbon steel, including hot-rolled, cold-rolled and galvanized products, as well as coated and specialty steel. Its products are used in automotive manufacturing, construction, infrastructure, appliances, machinery and other industrial applications.
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Key Takeaways Viking launched a study testing oral and injectable VK2735 maintenance regimens for obesity.Earlier results showed every-other-week and monthly dosing retained about 90% and 85% of prior weight loss.VK2735 remains Viking's lead obesity candidate, with oral phase III development planned for late 2026. Viking Therapeutics (VKTX - Free Report) announced the initiation of a clinical study evaluating oral maintenance dosing of its lead obesity candidate, VK2735.
The study, which is designed to enroll approximately 195 adults with obesity, will evaluate whether weight loss achieved with weekly subcutaneous (SC) VK2735 can be maintained using oral tablets or less frequent injections.
All participants will initially receive weekly SC VK2735 or placebo for 21 weeks. After the induction period, patients who received the drug will transition to different maintenance regimens, including daily or weekly oral doses of VK2735, monthly or every-other-week subcutaneous VK2735 or placebo. The study will evaluate safety, tolerability and pharmacokinetics, while exploratory measures will assess changes in body weight through week 33.
The oral formulation could provide an important convenience advantage if it successfully maintains weight loss. A data readout from this study is expected in 2027.
Year to date, the company’s shares have lost 19.4% against the industry’s 3.6% growth.
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Earlier Results Support Maintenance Potential for VKTXViking’s newly launched study is the second part of its two-part weight-maintenance program, expanding VK2735 beyond weekly injections. The initiation of part 2 follows encouraging results from part 1 of the maintenance study announced last month. During the 21-week induction phase, patients receiving weekly SC VK2735 achieved approximately 16% to 19% weight loss compared with a 0.1% decline for placebo.
Notably, much of the weight loss was maintained after a reduction in injection frequency. Patients switched to every-other-week dosing retained about 90% of their previous weight loss, while those receiving monthly dosing retained roughly 85%. By comparison, patients switched to placebo retained about 61% of their prior weight loss.
These findings suggest that VK2735 may have potential not only as a weight-loss treatment but also as a maintenance therapy that could reduce dosing frequency after initial weight loss is achieved.
VK2735 Remains the Key Pipeline Driver for VKTXVK2735 is the company's lead obesity candidate and primary value driver. It is an investigational novel dual GLP-1 and GIP receptor agonist, being developed in both subcutaneous and oral formulations, positioning it as one of the more promising late-stage obesity therapies currently under development.
The company is conducting two late-stage studies — VANQUISH-1 and VANQUISH-2 — evaluating VK2735 SC for 78 weeks. VANQUISH-1 is evaluating the drug in adults without type II diabetes (T2D) who have obesity or are overweight with at least one weight-related co-morbid condition. VANQUISH-2 is assessing its efficacy in obese or overweight adults with T2D. Data from these studies are not expected before 2027.
Both studies are testing weekly doses of 7.5 mg, 12.5 mg and 17.5 mg against placebo. The phase III program is expected to provide important data on the long-term efficacy and safety of VK2735 in different patient populations.
Viking is on track to start late-stage studies of oral VK2735 by the end of this year, following encouraging phase II VENTURE-Oral results.
Competition in Targeted Markets Remains a ConcernViking is developing the candidate as a potential alternative to established GLP-1 products marketed by pharma giants Eli Lilly (LLY - Free Report) and Novo Nordisk (NVO - Free Report) . Both companies are already marketing oral and injectable obesity treatments. Lilly markets injectable Zepbound and oral Foundayo, while Novo Nordisk markets injectable Wegovy and its oral Wegovy pill.
The competitive landscape is also evolving rapidly. Lilly recently reported results for EloraTZP, an investigational combination of eloralintide, a selective amylin receptor agonist and Zepbound. Data from a phase IIb study showed that all EloraTZP combinations met the primary and secondary endpoints, delivering substantial weight loss and A1C reductions at 48 weeks. LLY plans to advance the candidate into phase III development in the fourth quarter of 2026.
Meanwhile, Novo Nordisk has submitted CagriSema to the FDA for weight management. The once-weekly treatment combines semaglutide with cagrilintide, a long-acting amylin receptor agonist. A final decision is expected before this year’s end.
VKTX's Zacks RankViking currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Tempus rozšířil víceletou spolupráci se společnostmi Moderna a Merck v rámci příprav na možnou komercializaci personalizované protinádorové terapie intismeran autogene v kombinaci s přípravkem Keytruda.
Tempus Inc. (NASDAQ:TEM) on Wednesday expanded its multi-year collaboration for intismeran autogene (V940/mRNA-4157) individualized neoantigen therapy (INT) combined with Keytruda (pembrolizumab) for completely resected stage IIB-IV melanoma and other cancer types.
Intismeran autogene is jointly developed by Moderna Inc. (NASDAQ:MRNA) and Merck & Co. Inc. (NYSE:MRK).
• Tempus AI shares are experiencing downward pressure. Why are TEM shares declining?
Expanded Precision Oncology AlliancesThe collaboration builds on joint efforts initiated last year and will support preparations for the potential commercialization of intismeran autogene.
As part of the collaboration, Tempus will manage the timely collection and transfer of tumor tissue and blood samples required for next-generation sequencing (NGS).
Subject to applicable regulatory approvals, Tempus will also provide NGS services to support the intismeran autogene design and manufacturing process.
Financial terms of the collaboration were not disclosed.
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Enhancing Clinical Trial Design with Bristol Myers SquibbIn May, Tempus AI announced a new collaboration initiative with Bristol Myers Squibb Co. (NYSE:BMY) aimed at improving clinical trial design and increasing the Probability of Technical & Regulatory Success across five initial development programs.
The companies plan to use artificial intelligence, multimodal real-world data, and advanced data science tools to refine drug development strategies in oncology and neuroscience.
Strategic M&A and AI Infrastructure ExpansionIn July, Tempus AI agreed to acquire Personalis, Inc. (NASDAQ:PSNL), aiming to advance cancer monitoring through enhanced minimal residual disease (MRD) capabilities.
Tempus AI shares erased early losses and recovered after an initial sell off tied to the company’s acquisition of Personalis.
The acquisition, valued at $1.5 billion, is set to expand Tempus’ reach in the MRD market. Tempus claims it presents a $20 billion opportunity.
Bristol Myers Squibb in July said it is significantly upgrading its computational capabilities by deploying an Nvidia DGX SuperPOD equipped with DGX Vera Rubin NVL72 systems.
The strategic deployment establishes the most robust and energy-efficient single-owned artificial intelligence infrastructure currently operating within the life sciences sector.
TEM Price Action: Tempus AI shares were down 1.94% to $70.58 at the time of publication on Wednesday, according to Benzinga Pro data.
Image via Shutterstock
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It's often highlighted as one of the bigger beneficiaries of the artificial intelligence (AI) revolution. And to be fair, it does serve a decent-sized swath of the AI industry.
However, AI only makes up a minority of GE Vernova's (GEV -2.95%) total business. About 20% of its power-production arm's backlog (measured in gigawatts) is orders for its power-generating equipment to be installed at AI data centers (mostly natural gas turbines). The rest of its order book reflects demand from conventional customers like power utilities, oil refineries, and other high-power-consumption facilities that don't want utility-supplied electricity.
That's not a bad thing. Indeed, GE Vernova's lack of dependence on one single industry -- the AI industry, no less -- actually makes it even easier for investors to own.
Image source: Getty Images.
The numbers that matter for GE Vernova Don't misread the message. The company will gladly sell as much of its wares as any paying customer is willing to buy. And the swell of demand from the fast-growing AI industry has given GE Vernova some margin-widening pricing power to be sure.
Artificial intelligence isn't exactly a panacea for this outfit, however. As was noted, only about one-fifth of the power-generating capacity that's already been ordered but not yet delivered is equipment earmarked for data centers. Similarly, while the data center industry's 2026-to-date orders of GE Vernova's electrification solutions are more than double this arm's orders through the first half of 2025, at a total of $5 billion, these orders still only account for roughly one-third of its total new electrification orders received during the first two quarters of the fiscal year. And, electrification itself only accounts for about one-third of the company's current revenue mix.
In other words, GE Vernova's stock isn't quite the AI trade it's sometimes made out to be.
GE Vernova is plugged into something bigger and more reliable than AI data centers At first blush, this reality check seems to dial back the bullishness that had been surrounding this ticker; maybe it undermines some of the premium valuation the market might have otherwise been willing to price in.
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There's arguably more upside than downside, though, simply because GE Vernova doesn't face the risk of AI mania suddenly losing steam and bringing a quick end to its backlog's growth. The company is largely meeting the ever-growing power needs outside of the data center market, which may not be as flashy, but are certainly far more sustainable. For perspective, thanks to the ongoing proliferation of electric vehicles, the need for more air conditioning, and other needs beyond AI data centers, the International Energy Agency expects global demand for electricity to grow 3.6% this year, up from 2025's pace of only 3%, en route to 3.8% growth in 2027.
Admittedly, those numbers aren't very big. By worldwide power-production measures, though, they're huge. They're also just a glimpse of the longer-term demand that the planet isn't yet equipped to meet. To this end, Morningstar analysts' longer-term revenue outlook for a 2030 top line of $78.6 billion versus last year's sales of $38.1 billion is probably a pretty reliable projection.
Arguably more important to interested investors right now, this backdrop makes GEV's lethargy since mid-year a buying opportunity.
TVA získala první americké stavební povolení pro 300MW reaktor BWRX-300 společnosti GE Vernova, aniž by byly zveřejněny příjmy z projektu či objednávka flotily reaktorů.
TVA can construct a 300-MW BWRX-300, but GE Vernova disclosed no project revenue or fleet order. Summary
Regulatory progress reduced one risk without proving commercial scale.
GE Vernova GEV, the power-equipment and grid-technology company, moved closer to deploying its small nuclear reactor in the United States, while shares fell 3.42% to $994 at 11.44am EST in October 7 trading. TVA's construction permit for Clinch River clears a major regulatory hurdle. But permission to build is only one step toward turning the technology into a commercial business.
GE Vernova's September 29 announcement identifies the approval as the first U.S. construction permit for its BWRX-300, a 300-megawatt boiling-water reactor. TVA filed its application in April 2025. The bigger opportunity is repeat business: using the same design across projects could let engineering work, licensing experience and supplier capabilities carry forward. Each successful deployment could make the next project easier to execute.
For investors, the test is whether regulatory progress turns into funded projects, equipment orders and reliable delivery. Demand for dependable data-center power could strengthen the opportunity, but this permit alone establishes neither revenue nor a reactor fleet. The picture's GF Score of 17/100 provides limited support for a broad investment-quality case, with financial strength the strongest displayed component. GE Vernova has cleared a hurdle. Now it needs to prove the economics.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Společnost Redwire do 31. prosince 2025 vypustila 42 modulů PIL-BOX pro pěstování proteinových krystalů v mikrogravitaci a na základě licenční smlouvy se společností ExesaLibero Pharma může získávat licenční poplatky z prodeje výsledných léčiv.
Key Takeaways RDW's PIL-BOX enables pharmaceutical research through protein-crystal growth in microgravity.RDW is expanding its commercial model through royalties from products developed with its technology.RDW's growing PIL-BOX use strengthens its role in space-based pharmaceutical research and development. Redwire Corporation (RDW - Free Report) is expanding its microgravity capabilities beyond traditional space infrastructure into pharmaceutical research and development. The company’s Pharmaceutical In-Space Laboratory – Bio-crystal Optimization Experiment (PIL-BOX) enables pharmaceutical companies and researchers to use microgravity to grow crystals of protein-based pharmaceuticals and other key molecules. Redwire had launched 42 PIL-BOXes through Dec. 31, 2025, highlighting the growing adoption of its technology for space-based pharmaceutical research.
Microgravity provides conditions different from those available on Earth, potentially allowing certain products and materials to be produced with enhanced or differentiated properties. In pharmaceutical applications, Redwire’s platform focuses on growing protein crystals that can support drug development. This gives the company an opportunity to provide specialized space-based research capabilities while expanding the applications of its microgravity business.
An important development is Redwire’s move toward a commercial model that extends beyond providing research infrastructure. During 2025, the company entered into a licensing agreement with ExesaLibero Pharma, under which Redwire is entitled to receive royalties from commercial sales of resulting pharmaceutical products. This arrangement provides a potential avenue for Redwire to participate in the economic value generated by products developed using its microgravity capabilities.
The combination of an established PIL-BOX platform, increasing launches and a royalty-based licensing arrangement could broaden Redwire’s role in pharmaceutical development. As microgravity research moves toward commercial applications, Redwire could generate additional value from its space-based biotechnology capabilities and expand the commercial potential of its space business.
Companies Exploring Microgravity for Drug DevelopmentThe use of microgravity for pharmaceutical research is also attracting major drug developers. Bristol Myers Squibb (BMY - Free Report) and Eli Lilly and Company (LLY - Free Report) are exploring advanced research approaches aimed at improving drug development and pharmaceutical formulations.
Bristol Myers Squibb has conducted protein-crystallization experiments in microgravity to study larger and more uniform protein crystals that may support drug development.
Eli Lilly maintains a broad research and development platform focused on developing medicines and advancing complex pharmaceutical science.
Earnings Estimates for RDW StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests year-over-year growth of 57.32% and 40%, respectively.
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RDW Stock Is Trading at a PremiumRedwire is trading at a premium relative to the industry, with a forward 12-month price-to-sales of 4.94X compared with the industry average of 2.11X.
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RDW Stock Price PerformanceOver the past six months, RDW shares have risen 11.4% against the industry’s 18.3% fall.
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RDW’s Zacks RankRedwire currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Healthpeak Properties vyplácí měsíční dividendu ve výši 0,10167 USD na akcii; výhled upraveného FFO na rok 2026 činí 1,73–1,77 USD na akcii, což dividendu pokrývá.
Healthpeak's 6.48% yield looks tempting after an 8% share price drop, but this healthcare REIT has cut its dividend twice before and now faces a shrinking earnings cushion, rising interest costs, and struggling lab space pulling against its senior housing…
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Healthpeak Properties (NYSE:DOC) declared three more monthly dividends of $0.10167 per share on October 1. That keeps the annualized payout at $1.22004 and the yield at 6.48%. The shares have dropped 8.36% over the past month to $18.83, so income investors want to know whether that check is safe.
Three Businesses Share One Ticker The name says little about what Healthpeak owns, which is three very different kinds of healthcare real estate. Outpatient medical buildings, many of them tied to hospital systems, brought in $310.67M of Q2 2026 revenue at 90.7% occupancy. Lab and life science space follows biotech funding cycles. It generated $216.11M, but occupancy is just 78.5% and same-store adjusted NOI fell 3.2% YoY. Senior housing, run through the majority-owned Janus Living, is where the growth is: same-store adjusted NOI rose 19.2% and revenue climbed 45%.
FFO Coverage Is the Test That Counts Payout ratios based on net income mislead with REITs because depreciation cuts reported earnings even though no cash leaves the business. Funds from operations (FFO) adds that depreciation back. Healthpeak’s raised 2026 guidance calls for FFO as Adjusted of $1.73 to $1.77 per share. At the midpoint, the dividend uses about 69.7% of that.
On the February 2025 earnings call, Scott Brinker said that cushion is intentional:
“Our payout ratio remains conservative, preserving free cash flow to reinvest into the business.”
He also explained the switch to monthly payments:
“Beginning in April, we’ll pay the dividend on a monthly basis to match the cadence of our monthly rental income.”
Asset Sales Are Funding the Balance Sheet Healthpeak sold a stake to Brookfield. The 49% stake in an 86-asset outpatient portfolio fetched about $1.025B, and the money repaid $650M of senior notes. Asset sales and recapitalizations have brought in roughly $1.75B so far this year, and liquidity stood at $3.4B as of August 3. Borrowing costs are the pressure point. Quarterly interest expense rose to $92.3M from $75.1M a year earlier, and net debt to adjusted EBITDAre was 5.2x at year-end 2025. Lease terms and the debt maturity schedule remain key disclosures to monitor.
Peers Are Raising Payouts While Healthpeak Holds Flat Welltower (NYSE:WELL) raised its quarterly dividend 15% to $0.85 after growing seniors housing same-store NOI by 20.5%. Ventas (NYSE:VTR) lifted its payout 8% to $0.52 and brought leverage down to 4.7x. Ventas CEO Debra Cafaro summed up the trend both peers are riding:
“Demographic demand is strong and getting stronger as the baby boomers begin turning 80 this year.”
Healthpeak’s total same-store NOI guidance is only 0% to 1.5%, held back by its lab space. Its history also calls for caution. The quarterly dividend fell from $0.575 to $0.37 in 2016 and then to $0.30 in 2021. Since April 2025, the monthly payout has held steady.
Verdict: Durable, With One Clear Tripwire The payout looks durable. FFO as Adjusted covers it with room to spare. Liquidity tops $3B. Senior housing growth is making up for weak lab results, and a new $500 million buyback shows management sees spare cash.
The thing to watch is guidance. The cushion is shrinking. If Healthpeak cuts its FY2026 FFO as Adjusted outlook below the $1.73 low end, the dividend case needs a fresh look.
Contact [email protected] for any questions or corrections.
Tom Lee just signaled a major shift in how Bitmine handles its Ethereum treasury, and crypto stocks across the board are taking the hit as investors reconsider what a buying halt means for a company built on relentless accumulation.
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A standing weekly buyer of Ethereum (CRYPTO:ETH) is about to step away from the market, and crypto treasury stocks are absorbing the shock. Bitmine Immersion Technologies (NYSE:BMNR | BMNR Price Prediction) stock is down 7% to $24.49 in afternoon trading after its chairman indicated the end of the company’s weekly accumulation program.
Checking in on the peers, Sharplink (NASDAQ:SBET) stock is falling 5% to $8.99, a smaller drop for the company that sits closest to Bitmine’s business model. Strategy (NASDAQ:MSTR) shares are slipping 5% to $155.79, even though the company’s treasury is built on Bitcoin (CRYPTO:BTC), a different token entirely.
At the same time, the iShares Ethereum Trust ETF (NASDAQ:ETHA) is down 4% to $58.24 as the token itself retreats. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is sliding just 0.3% to $776.84, leaving the biggest selling concentrated in crypto. That gap marks this as a token-specific story, with Bitmine at its center.
Tom Lee Signals the End of Bitmine’s Ethereum Buying Bitmine Chairman Tom Lee addressed a crypto conference in Singapore. He stated the company will halt its Ethereum purchases once its holdings reach five percent of the token’s circulating supply, adding that Bitmine is close to that level. Bitmine had expected the effort to take five years, Lee declared. However, the company finished the job in a little over a year, through a bear market (a prolonged stretch of falling prices), and is now going to stop.
Lee stated that Bitmine holds 6,016,414 Ether, equal to 4.9% of the token’s circulating supply as of its latest disclosure. Every week since the launch of Bitmine’s treasury strategy, the company has bought Ethereum, making Bitmine one of the token’s most consistent sources of demand. Lee has previously indicated the company could sell Ether earned through staking (locking up tokens to help secure the network in exchange for rewards) to keep its stake from drifting above that ceiling.
Shares of Bitmine are falling further than Sharplink stock or Strategy Inc. stock and well beyond the broad market, while the Ethereum fund is down sharply too, because as a standing weekly purchaser Bitmine supplied steady demand for the token its own balance sheet is built on, and an announced end to that buying removes the support. This explains why the news lands harder on Bitmine than on a treasury company holding a different asset.
Weighing Bitmine Once Accumulation Ends Bitmine’s upside depends on reaching the five percent ceiling, which completes a plan management mapped out as a five-year effort and wrapped up in a little over one year. Once cash stops flowing into accumulation, Bitmine can direct that capital elsewhere, which may give Bitmine stock a fresh source of interest.
On the other hand, the bearish view holds that Bitmine’s weekly buying was itself part of the investment thesis. A treasury company that stops accumulating becomes a holding vehicle whose stock has no catalyst beyond the token’s own price, and Bitmine would face that test directly. With the Ethereum fund down 4% alongside the bigger slide in Bitmine stock, that dependence on the token is clearly visible.
What to Watch Next What matters next for Bitmine is what the company does with its capital once the accumulation stops. Investors will be looking at whether Lee’s earlier suggestion of selling Ether earned through staking becomes a regular practice that keeps Bitmine’s stake near the ceiling.
Bitmine stock is falling harder than both the ETHA Ethereum fund and the SPY ETF, a reminder of how much leverage the company’s treasury model carries. Cautious traders could reduce their position sizes and look for signs that the smaller decline in Sharplink stock holds, which would point to Bitmine’s announcement as the main driver of the selling.
Contact [email protected] for any questions or corrections.
IREN plánuje v lokalitách Sweetwater 1 a 2 datová centra pro umělou inteligenci s celkovou kapacitou přibližně 2 GW. Klíčové budou kapitál, připojení k síti ERCOT a uvedení kapacity do provozu.
Key Takeaways IREN plans roughly 2 GW of gross power capacity across Sweetwater 1 and Sweetwater 2.IREN aims to replicate Sweetwater's liquid-cooled design across future AI infrastructure projects.Execution depends on capital, ERCOT grid access and turning planned capacity into AI revenue. IREN Limited (IREN - Free Report) is positioning its Sweetwater campus as a major long-term AI infrastructure platform. Sweetwater 1 is planned with 1.4 GW of gross capacity, while Sweetwater 2 adds another 600 MW, giving the campus roughly 2 GW of planned gross power capacity. The scale is significant as IREN seeks to own and operate data centers, AI compute and software.
Sweetwater also has strategic importance beyond its size. IREN plans to replicate the liquid-cooled data-center design developed for Sweetwater 1 across Sweetwater 2, Kiowa and other planned developments. The standardized design is intended to support successive GPU generations, evolving cooling requirements and 800VDC power architectures, potentially making Sweetwater a blueprint for IREN’s broader AI expansion.
Strong AI demand and improving contract economics add to the growth potential. IREN said recent three-year contracts are generating more than $20 million per IT MW, with discussions at around $25 million per MW. However, these figures apply to broader AI Cloud activity and are not specific to Sweetwater.
Execution remains a major consideration. Sweetwater requires substantial capital, while timely ERCOT grid connections and electricity availability remain critical. IREN’s contractual commitments reached $13.81 billion as of June 30, 2026, highlighting the scale of its expansion.
Sweetwater could become a major growth driver for IREN. Its large capacity base, liquid-cooled design and strong AI demand provide significant upside, but converting planned power capacity into operational, revenue-generating AI infrastructure remains the key test.
How Are IREN’s Competitors Expanding?CoreWeave (CRWV - Free Report) is targeting surging AI demand by rapidly deploying the latest NVIDIA infrastructure and broadening beyond GPU capacity into software. Its Forge platform supports AI model development and management, while expanding enterprise adoption and large customer commitments strengthen utilization of its AI cloud infrastructure.
Nebius (NBIS - Free Report) is expanding its full-stack AI cloud through new data-center capacity and deeper NVIDIA collaboration. The company plans to deploy more than 5 GW of NVIDIA systems by 2030, while investments such as its UK buildout and secured financing support faster global capacity additions.
IREN’s Price Performance, Valuation and EstimatesShares of IREN have risen 12.1% over the past six months, outperforming the broader industry but underperforming the S&P 500 composite.
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In terms of forward 12-month Price/Sales (P/S), IREN is currently trading at 3.86X, which is at a premium to the industry average of 2.70X.
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Estimates for IREN’s fiscal 2027 earnings have been revised downward in the past week.
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Currently, IREN carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Společnost Ondas ve druhém čtvrtletí více než třináctinásobně zvýšila tržby na 83,8 milionu USD, avšak její upravená ztráta EBITDA činila 51 milionů USD.
Key Takeaways Ondas trades below its industry valuation as shares fall 24% year to date despite rapid revenue growth.ONDS posted $83.8 million in Q2 revenues, while backlog reached $613M and pro forma backlog hit $757M.Ondas targets company-wide adjusted EBITDA profitability by Q4 2027 as integration and execution risks rise. Ondas, Inc. (ONDS - Free Report) trades at a forward 12-month price-to-sales ratio of 4.65X, a discount compared with the Zacks Wireless National industry’s 8.67X and the Zacks Computer and Technology sector’s 6.24X.
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Moreover, shares of the company have lost 24% year to date against the industry’s growth of 150.3%.
The valuation discount against a weak share-price backdrop suggests that investors remain cautious despite Ondas’ rapid expansion across the autonomous systems space, including counter-UAS, precision strike, intelligence, surveillance and reconnaissance and autonomous ground systems.
At first glance, the pullback, coupled with the discounted sales multiple, could make the stock appear increasingly attractive. However, the investment case is not straightforward.
Ondas is pursuing an aggressive acquisition strategy while investing heavily in the infrastructure needed to support a much larger business. However, M&A brings significant execution risks.
Against this backdrop, let’s do a deep dive to assess investment prospects and make an informed decision.
Ondas’ Momentum Is in Sharp Contrast to Share Price DeclineOndas’ second-quarter 2026 revenues surged more than 13 times year over year to $83.8 million and increased 67% sequentially. The top-line growth reflected acquisitions and solid execution across Ondas' core business. Pro forma organic revenues increased 85% year over year.
Visibility is improving alongside revenues. Reported backlog reached approximately $613 million as of June 30, with pro forma backlog of $757 million including DZYNE and Cyberhawk acquisitions. Management is not only focusing on selling drones but on connecting a portfolio of technologies into integrated systems spanning detection, intelligence, command and control, electronic warfare and kinetic defeat.
Since reporting second-quarter results, Ondas has continued to broaden its autonomous-defense platform through acquisitions. In September, Ondas acquired three defense technology businesses (Insignito, Ottopia Defense and Caribou Labs) for $56 million, payable in cash or its common stock, with potential performance-based earn-outs of up to $32 million based upon achieving key performance milestones through 2028.
Before that, the company acquired GATE Technologies and Bron Technologies, adding electronic safe-and-arm (ESADs) devices and advanced electronic fuzing technologies. Ondas will pay $205 million, comprising $105 million in cash and $100 million in its stock, plus a working-capital adjustment. The transaction also includes up to $185 million of performance-based earn-outs through 2028. Ondas expects GATE to generate $65 million of full-year 2026 revenues, rising to $180 million in 2028, with more than $130 million in aggregate adjusted EBITDA through 2028.
On Oct. 5, the company announced a $56 million order for ESADs, supporting a European loitering munition program. The order represents an important early commercial development following Ondas’ acquisition of GATE Technologies and Bron Technologies.
In August, it entered into a definitive agreement to acquire Aran Defense Ltd., the defense division of Aran Ltd., for approximately $33 million in cash or common stock. Aran Defense would expand Ondas’ Israeli engineering and manufacturing capacity, including roughly 4,400 square meters of facilities.
Counter-UAS Portfolio Continues to ExpandCounter-UAS is an important tailwind for the company. Ondas recently introduced Dronebuster REACH, a long-range variant of its Dronebuster family of non-kinetic counter-drone systems. The product launch could strengthen Ondas’ position in the rapidly developing counter-drone market by addressing a key operational gap – defeating drones before they enter the effective range of handheld systems.
The first Dronebuster REACH system is already under contract for delivery to the Office of Naval Research following customer acceptance testing. The system will support C-UAS research, evaluation and testing activities, providing an early validation point for Ondas’ new product.
Ondas is combining DZYNE's Sawtooth technology with Sentrycs' Cyber-over-RF capabilities for counter-UAS applications. On the last earnings call, Ondas highlighted that IonStrike (through DZYNE) was positioned to begin receiving commercial-volume orders and initial deliveries during the second half of 2026.
Sentrycs’ second-quarter pro forma revenues increased approximately 298% year over year, highlighting the commercial momentum in this part of the portfolio.
Precision Strike represents another important near-term revenue catalyst. Mistral is preparing to deliver against more than $240 million of aggregated orders under the U.S. Army's $982 million Lethal Unmanned Systems IDIQ program. On the last earnings call, management noted that the commercial deliveries are expected to ramp in the second half of 2026 and continue into 2027.
Execution Remains the Key QuestionThe scale of Ondas’ opportunity is increasing, but so is the complexity of executing its strategy.
Ondas has added World View, Mistral, Omnisys, DZYNE and Cyberhawk during 2026 and expanded further through the acquisitions of GATE Technologies, Bron Technologies, Insignito, Ottopia Defense and Caribou Labs.
The company deployed about $325 million of cash in the third quarter to complete DZYNE and Cyberhawk acquisitions before announcing and completing additional acquisitions subsequently. It is also expanding production, sales and marketing reach and field-support infrastructure.
Multiple acquisitions in such a short period can create integration overload and execution risks, since achieving targets depends on timely integration and conversion of backlog into revenues.
Profitability Remains Distant for ONDSFor all the excitement surrounding revenue growth, second-half ramp and profitability remain the key tests for ONDS.
The company raised its full-year revenue outlook to $525-$550 million from the previous target of at least $525 million, representing more than 10 times the reported figure for 2025. At the midpoint, the outlook implies more than 30% year-over-year organic growth on a pro forma basis. The pace of order conversion and production scaling will determine whether ONDS can deliver the steep second-half ramp embedded in its outlook
Coming to profitability, second-quarter operating expenses were $199 million, substantially exceeding the quarterly revenues of $83.8 million.
While more than half of expenses consisted of noncash or acquisition-related items, adjusted cash operating expenses still totaled approximately $93 million. The company incurred approximately $4.4 million of acquisition-related transaction costs.
Adjusted EBITDA remained a loss of approximately $51 million. The company expects the second quarter to represent the peak adjusted EBITDA loss, but actual profitability still depends on anticipated second-half revenue ramp materializing. At the last earnings call, management cautioned about some gross-margin pressure during the second half of 2026 because of product mix and excess capacity associated with newly acquired businesses.
However, the company expects adjusted EBITDA losses to narrow beginning in the third quarter and has pulled forward its profitability timeline. Management now targets adjusted EBITDA profitability for the operating platform, including OAS and Ondas Sentinel, by the fourth quarter of 2026 and company-wide adjusted EBITDA profitability by the fourth quarter of 2027.
Image Source: Zacks Investment Research
That makes the next several quarters particularly important. Strong revenue growth without corresponding improvement in operating leverage would weaken the core thesis.
Given these factors, analysts have downgraded their earnings estimates for ONDS’ current year over the past 60 days.
Competition in the Drone SpaceOndas operates in a highly competitive autonomous defense and unmanned systems market, competing with established and emerging players such as Kratos Defense & Security Solutions (KTOS - Free Report) , Red Cat Holdings (RCAT - Free Report) and AeroVironment (AVAV - Free Report) .
Intense competition could pressure market share, making product differentiation, execution and rapid commercialization critical to sustaining growth.
Price Performance
Image Source: Zacks Investment Research
Year to date, RCAT, AVAV and KTOS have also registered declines of 20%, 40.5%, and 42.2%, respectively. This could be due to investor caution around heavy investment requirements and execution risks across the rapidly expanding drone and autonomous-defense market.
The forward 12-month price/sales multiple for KTOS, AVAV and RCAT stands at 3.91X, 3.1X and 4.09X, respectively.
ONDS Stock: How to Approach?Although ONDS’ share price decline and valuation discount warrant attention, greater visibility into profitable growth would improve the risk-reward proposition.
With ONDS carrying a Zacks Rank #4 (Sell), investors need to exercise caution and wait for clearer evidence of improving profitability.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
HBO Max and CNN will operate as is for now under David Ellison's Skydance. Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images; Noam Galai/Getty Images for Paramount; Bloomberg/Getty Images What's going to happen to all my favorite TV shows and movies?
Paramount has joined forces with Warner Bros. Discovery, prompting questions about what the mega-deal means for the likes of HBO and CNN.
Skydance, David Ellison's new entertainment giant, is now home to HBO, HBO Max, CNN, CBS, Paramount+, Pluto TV, the Warner Bros. studio, Paramount Pictures, and cable networks like TNT and HGTV.
That portfolio of assets is poised to make Skydance a powerhouse that could challenge Disney and Netflix in streaming while boasting the premium, historic IP that Google's YouTube doesn't have.
Below is a breakdown of what Skydance has said about how it will approach movies, streaming, traditional TV, and news — both publicly and in private meetings with employees.
Streaming: An HBO-Paramount super app is coming, eventuallyAlthough Ellison has said that HBO Max and Paramount+ will eventually become a unified service, that won't happen immediately.
Skydance will build a tech platform that supports both streamers "as quickly as we possibly can," Ellison told employees in a town hall on Wednesday, since he said operating multiple separate streaming stacks is "inefficient and just not the best way you'd want to build it."
"That allows you to build better personalization systems, better recommendation systems, allows you to monetize better," Ellison told staffers.
It's unclear what this supercharged streamer would be called, or how much it would cost a month.
The standard ad-free version of HBO Max costs $18.49 a month compared to $13.99 for Paramount+, while the ad versions are $10.99 and $8.99, respectively.
While Skydance builds its streaming super app, it will create a bundle that lets consumers get both services at a discount, similar to how Disney offers its Disney+ and Hulu bundle.
Ellison talked about creating a "mutual ingest bundle" that would make HBO Max and Paramount+ content available to bundle customers in both apps, which he said would be a "really, really powerful" offering.
"Because the Paramount-WBD deal was financed with a massive amount of debt, it's hard to imagine that streaming price hikes aren't in Skydance's future," said media analyst Mike Proulx of Forrester. Skydance must pay down about $80 billion in debt.
Skydance's streaming business will be run by Casey Bloys, the HBO chief, after Paramount streaming head Cindy Holland stepped down.
News: CNN and CBS will be separate brands, for nowEllison seems set on keeping CNN running as a separate brand, despite speculation about a merger with Bari Weiss' CBS News.
CNN CEO Mark Thompson is staying at the network, and Ellison said at Wednesday's town hall that he won't interfere in news coverage.
He said the network will have "complete editorial independence."
Ellison told employees Skydance wants to help CNN "scale and transition the business digitally." The news giant already offers a $6.99-per-month subscription for a live TV feed and full access to its site.
When asked by CNN's Anderson Cooper at the town hall how CNN and CBS could work together, Ellison said he's still figuring out the details but suggested the two news networks will come together in some way, whether by sharing resources or talent.
"You can only be so smart from the outside looking in," Ellison said, adding that "within, usually, 120 days," new leaders should "be able to start to make those decisions."
Movies: There will be a steady stream of films in theatersSkydance seems set to keep film output steady.
Ellison's company has promised to put 30 movies in theaters in both 2027 and 2028, and 32 films a year in 2029, 2030, and 2031. About two-thirds of those movies must be wide releases, as part of Skydance's settlement with the 12 states suing to stop its deal, and at least four a year must be independent films.
Warner Bros. has 15 films on its theatrical schedule this year, as does Paramount Pictures. That's compared to 11 and eight in 2025 for Warner Bros. and Paramount, respectively.
Skydance has also promised not to sell the Warner Bros. or Paramount Pictures lots until at least 2032. Ellison said on Tuesday that one lot could host film production, while the other could host TV production.
Skydance wants to "cherish and celebrate" its film studios and "keep their identity very strong," co-CEO Ynon Kreiz said at the town hall.
TV: It's business as usual for the next few yearsWhen settling the lawsuit from the states, Skydance promised to separately negotiate rates for its cable channels and those of WBD through 2031. Otherwise, it could be forced to divest assets like BET.
That pledge should help maintain the status quo in the pay-TV world, since the combined company won't be able to gain as much leverage on distributors like Comcast, Charter, or YouTube TV.
Without that clause, Skydance could have tried to secure higher rates for Paramount channels like MTV, Comedy Central, and Nickelodeon by threatening to withhold WBD networks like CNN, TruTV, and The Food Network.
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James Faris You're currently following this author! Click to unsubscribe from email alerts.
James Faris is a media correspondent in New York City.He covers the business of media & entertainment, specifically the streaming, TV, and AI strategies of Hollywood giants like Disney, Skydance (Paramount-WBD), and Netflix. He previously wrote about the stock market, the economy, and real estate.James joined Business Insider after graduating magna cum laude from James Madison University.Email James at [email protected] and follow him on LinkedIn.
Při letošních odhadovaných tržbách ve výši 47 mld. USD se SpaceX oceňuje na 48násobek tržeb; pokud by ocenění kleslo na 15násobek tržeb a firma rostla do roku 2030 o 40 % ročně, jeho hodnota by mohla vzrůst jen o 20 %.
Space Exploration Technologies (SPCX -3.15%) was one of the hottest stocks to own during the brief period right after it went public in June. In its first few days on the market, it surged from its first-day opening price of $150 per share to just over $225 per share before coming crashing back down to earth, and entering an extended slide that took it below $105. Then, it gradually rose back to around that opening trading price of $150 again, and remained around that level for a while, with a bit of a climb in recent days that took it to about $174 as of Tuesday morning. But what happened in the past is irrelevant; investors want to know where SpaceX is heading.
Let's take a look at the trajectory of SpaceX as a business to get an indication of what a $1,000 investment in it made today could be worth in a few years.
Image source: The Motley Fool.
Space won't be what lifts the stock in the near term SpaceX divides its business into three primary segments: space, AI, and connectivity. Space is exactly what it sounds like: a space exploration business that develops rockets and uses them to launch payloads into space. While this is what SpaceX is known for, it's not the biggest part right now. During Q2, the space segment generated $962 million in revenue, behind connectivity's $4.3 billion and AI's $2.6 billion. The reality is that while the rocket launch part of the business may be the segment that leads the stock higher over the next two decades, it doesn't have the demand that the others have right now.
Instead, connectivity, which is primarily its Starlink satellite broadband service, is the main driver of the company. It's the only profitable segment, and with massive demand for Starlink's service, this growth should keep pushing SpaceX's revenues higher over the next few years.
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However, I'm most excited for the AI segment: xAI, which makes the Grok family of models. This segment saw explosive 213% growth in Q2, and that may be just the beginning. Demand for AI platforms is huge, and if Grok can win a strong following for its models, then it could create a strong and rapidly growing recurring-revenue business. But is that enough to make SpaceX a viable investment?
The reality is that there is a lot of anticipated future growth already baked into SpaceX's stock price today. Its market cap on Tuesday was around $2.25 trillion. Wall Street analysts estimate SpaceX will generate about $47 billion in revenue this year, meaning the stock trades for a very expensive 48 times sales. SpaceX is still not profitable, so metrics that value it relative to sales are the best tools investors have. If over time its valuation moderates to 15 times sales (a far more reasonable price tag) and the company simultaneously grows its revenue at a 40% compound annual rate through 2030, that would give it a market cap of $2.7 trillion. That's only about a 20% upside in the next four years, turning a $1,000 investment into $1,200. There are far better investments out there than that, and it just goes to show how much expected growth is already baked into SpaceX's stock.
As a result, I think investors should look for other investments; if SpaceX grows in line with those projections, it may underperform the market.
Morgan Stanley ponechala hodnocení akcií Apple na stupni Overweight, ale kvůli tlaku vyšších cen pamětí na marže snížila cílovou cenu z 360 USD na 355 USD.
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When a Wall Street heavyweight like Morgan Stanley calls a company's next two years “the most exciting” it can remember, you would expect it to raise its price target, not trim it. Yet that’s where it found itself with Apple Inc. NASDAQ: AAPL last week, and the contradiction says a lot about where the tech giant stands today.
In a note following Apple's recent product launch, Morgan Stanley stayed firmly in the bull camp, keeping its Overweight rating and lauding the upcoming roadmap under new CEO John Ternus.
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And yet it still nudged its price target down, to $355 from $360.
For a stock that has climbed more than 20% this year and sits near record highs, the mix of enthusiasm and caution is telling.
So what’s going on, and is this really a mixed picture dressed up as good news? As we’ve been highlighting in recent weeks, much of the answer lies in whether Apple can not only sell more iPhones, but also make more money from them.
A Stronger Top LineLet’s start with the good news in Morgan Stanley’s note, because there was plenty of it. Analyst Erik Woodring came away from Apple’s launch feeling optimistic and lifted his revenue forecasts on stronger iPhone shipments, continued strength in Mac sales, and better-than-expected pricing in its Services arm.
Woodring’s longer-term view is rosier still, and he believes the product push under Ternus could deliver something Apple has not managed in a decade: four straight years of growth in iPhone unit sales. Fresh hardware, a smarter Siri, and the pull of Apple's sprawling ecosystem all feed into a case for above-trend growth.
Investors have clearly been leaning into that potential too. After an initial wobble during the launch itself, Apple shares have recovered in the weeks since, as the market latched onto the promise of stronger demand and the pricier new iPhone lineup. For now, the mood is cautious optimism.
Apple Inc. (AAPL) Price Chart for Wednesday, October, 7, 2026
Why the Target Still SlippedHere’s the catch, however. Despite the extra revenue it now expects, Morgan Stanley trimmed its earnings forecasts for both this financial year and next. The reason is classic: selling more units doesn't help much if each sale is less profitable.
Two forces are at work here. Firstly, Apple raised the price of its Pro model by $100, a decent bump but less than the $150-$200 increase Morgan Stanley had expected. That leaves the average iPhone selling for a little less than the firm had penciled in, squeezing the profit on every handset.
Second, and more stubborn, is the rising cost of memory chips. Soaring demand for the components that go into AI systems has pushed up prices across the industry, and Apple is far from immune. Those higher costs eat directly into its margins, and by the company's own admission, they are the main reason its underlying profitability has slipped.
The Bull and Bear Tug of WarThis tension sits at the heart of the debate over Apple right now. The bulls, led by Morgan Stanley, argue that stronger unit sales, a richer product mix, and the long runway of AI-driven upgrades will ultimately win out. They point to healthy early demand for the iPhone 18 Pro and the fresh appeal of the foldable Duo as evidence the upgrade cycle has legs.
The bears are less convinced the revenue will reach the bottom line. Beyond the memory-cost squeeze, they worry higher prices could push buyers to hold onto their phones longer, and that the pricey Duo may cannibalize Pro Max sales rather than add new ones. Questions also remain about whether Apple's AI efforts can keep pace with faster-moving rivals.
That split is visible across Wall Street itself. On Oct. 6, UBS Group reiterated a more cautious Neutral rating with a $296 price target, flagging still-sluggish growth in the App Store, a direct counterweight to Morgan Stanley's upbeat take the week before. With Apple due to report earnings later this month, both camps will soon have hard numbers to argue over.
A Mixed Picture, Maybe, But Not a Bearish OneSo where does all this leave the stock? Taken together, the message is nuanced rather than negative. Apple's products are clearly still red hot, and its ability to sell them in volume is hardly in doubt. The real question is how much of that strength survives the journey from revenue to profit, once memory costs and softer pricing take their toll.
For investors, the takeaway is one of patience. Apple remains a high-quality business with a formidable product cycle ahead, and it still holds a Moderate Buy consensus rating on MarketBeat. But with its margins under increasing pressure and the shares already near record highs, the easiest gains may already be behind it. That means the bigger prize will likely go to those willing to look past a potentially bumpy quarter or two and bet that Apple can confidently convert its current product strength into future profits.
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Key Takeaways Uber will acquire ezCater for $2.3B to expand into workplace catering and large group orders. ezCater logged over $2.5B in trailing-12-month gross bookings, growing at a high-teens rate. Uber expects ezCater to be margin accretive and deepen its competition with DoorDash. Uber Technologies (UBER - Free Report) has agreed to acquire ezCater, a major U.S. catering and workplace-meals platform, in an all-cash transaction valued at $2.3 billion. The acquisition is aimed at expanding Uber Eats into the large-order catering market while strengthening Uber for Business. The transaction is expected to close in the coming months, subject to regulatory approvals and customary closing conditions.
Uber for Business makes it easier for companies of any size to manage rides and meal deliveries. Since 2014, Uber for Business has brought the best of the company’s technology to organizations across industries and is currently trusted by more than 200,000 companies across the globe. ezCater enables businesses to manage workplace food requirements and place orders from more than 140,000 restaurants nationwide. Its platform supports meetings, events and recurring enterprise catering, alongside tools for managing orders and food spending and round-the-clock customer support.
The combination will bring together ezCater’s catering and business-to-business expertise, Uber Eats’ broad consumer and restaurant network, and Uber for Business’s corporate relationships. The expanded platform is expected to provide restaurants with access to more high-value orders and new customers, while making it easier for businesses and consumers to arrange meals for workplaces, meetings, events and other group occasions.
The transaction may also create additional earning opportunities for Uber Eats couriers by increasing the volume of larger catering deliveries. Meanwhile, participating restaurants could benefit from higher-value transactions, given that ezCater’s average order value exceeds $400. ezCater generated more than $2.5 billion in gross bookings during the trailing 12 months, with bookings growing at a high-teens percentage rate year over year. Uber expects the business to be margin accretive.
How the Deal Could Strengthen Uber Against DoorDashThe acquisition could meaningfully strengthen Uber’s competitive position against DoorDash (DASH - Free Report) in the U.S. food-delivery market by giving it a stronger foothold in workplace catering and large group orders, a segment the latter is also actively targeting. DoorDash for Business launched expanded workplace catering offerings in April 2026, including tray-style catering and team-meal solutions, after large team orders grew 30% faster than regular orders.
By adding ezCater’s established nationwide restaurant network and corporate-catering expertise, Uber can accelerate its presence in this higher-value category rather than building those capabilities organically. The deal also broadens Uber Eats beyond individual meal delivery, potentially improving order frequency, average transaction values and engagement with corporate customers. In turn, closer integration with Uber for Business could support cross-selling and help Uber capture a larger share of workplace food spending, intensifying its competition with DoorDash across both consumer and business delivery.
DoorDash also made headlines earlier this year when it expanded the partnership into Canada with Uber’s rival Lyft (LYFT - Free Report) . The expansion allows DashPass members to receive discounts on Lyft rides. Lyft, which now operates in Canada’s 10 largest cities, aims to strengthen its market presence via this expanded deal. DoorDash has expanded DashPass beyond delivery in Canada through this Lyft partnership.
UBER’s Share Price Performance, Valuation and EstimatesUBER’s shares have declined in single digits (%-wise) over the past three months. The stock has underperformed the Zacks Internet-Services industry over the same time frame.
3- Month Price ComparisonImage Source: Zacks Investment Research
From a valuation standpoint, UBER trades at a 12-month forward price-to-sales of 2.18X. UBER is inexpensive compared with its industry.
Image Source: Zacks Investment Research
See how the Zacks Consensus Estimate for Uber’s earnings has been revised over the past 90 days.
Image Source: Zacks Investment Research
Uber’s Zacks RankUber currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
AT&T vytvoří s GIP a CPP Investments společný podnik pro velkoobchodní optickou síť v 16 státech, v němž bude držet 50% podíl. Cíl: více než 60 milionů optických připojení do roku 2030.
Key Takeaways T will own 50% of a new wholesale fiber joint venture with GIP and CPP Investments.The venture combines Forged Fiber 37 with Gigapower to expand open-access fiber across 16 states.AT&T targets more than 60 million fiber locations by 2030, pairing broadband growth with 5G. AT&T Inc. (T - Free Report) has agreed to form a new U.S. fiber joint venture with Global Infrastructure Partners ("GIP") and the Canada Pension Plan Investment Board ("CPP Investments"). The partnership aims to accelerate fiber expansion and bring high-speed Internet access to more communities across the country.
The new joint venture will include AT&T’s subsidiary, Forged Fiber 37, which holds the fiber build engine, network assets and operations acquired from Lumen Technologies, Inc. (LUMN - Free Report) , along with Gigapower, its existing wholesale fiber joint venture with GIP. It will operate as a wholesale commercial open-access fiber company, supporting AT&T’s network growth across major metropolitan areas in 16 states through a capital-light model while allowing multiple service providers to access the infrastructure.
AT&T will own 50% of the joint venture, while GIP and CPP Investments will collectively own the remaining 50%. The company plans to use the transaction proceeds to reduce debt, invest in its business and return capital to shareholders. The deal is expected to close in the first half of 2027, subject to regulatory approvals and other customary closing conditions.
The initiative supports AT&T’s goal of reaching more than 60 million fiber locations by the end of 2030. The expanded fiber footprint is expected to create opportunities to grow high-value customer relationships by combining broadband and 5G wireless services, supporting the company’s strategy of offering converged connectivity solutions.
How Are Competitors Focusing on Fiber?AT&T faces stiff competition from Verizon Communications, Inc. (VZ - Free Report) and T-Mobile US, Inc. (TMUS - Free Report) . Verizon is strengthening its fiber network to expand high-speed broadband access across the United States. The company is deepening its fiber investment through a multiyear agreement with Corning Incorporated (GLW - Free Report) for more than 80 million miles of optical fiber from 2027 to 2032. Verizon’s fiber focus supports growing demand for advanced connectivity, including applications linked to cloud computing and artificial intelligence.
T-Mobile is expanding its fiber presence through partnerships that allow it to enter more markets and broaden its home broadband offerings. The company is pairing its 5G network with fiber services to give customers more options for high-speed connectivity. This approach allows T-Mobile to leverage its national brand and distribution alongside established fiber operators to scale its broadband business more efficiently.
T’s Price Performance, Valuation & EstimatesAT&T shares have lost 6.6% over the past year against the industry’s growth of 132.3%.
Image Source: Zacks Investment Research
From a valuation standpoint, AT&T trades at a forward price-to-sales ratio of 1.27, below the industry tally of 8.67.
Image Source: Zacks Investment Research
Earnings estimates for 2026 have decreased 0.4% to $2.33 over the past 60 days, while the same for 2027 have decreased 0.8% to $2.55.
Image Source: Zacks Investment Research
AT&T currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways Netflix's revenue growth is slowing, with third-quarter growth expected to reach just 11.7%.Rising live-programming and content costs are pressuring margins, while free cash flow fell to $1.5 billion.NFLX trades at premium valuation as Disney, Amazon and Apple intensify competition for viewers and ad dollars. Netflix (NFLX - Free Report) shares have plunged 26.8% year to date, underperforming the Zacks Broadcast Radio and Television industry’s decline of 9.3% and the Zacks Consumer Discretionary sector’s return of 25.8%.
The selloff is about more than weak sentiment. Revenue growth is slowing, content and live-programming costs are rising, and the stock trades at a premium in a crowded streaming market. Together, these suggest investors should stay away from the stock in the near term, even though its long-term franchise remains intact.
NFLX’s YTD Price Performance
Image Source: Zacks Investment Research
Slowing Revenue Growth Clouds NFLX's Near-Term OutlookNetflix's growth engine is slowing. Second-quarter 2026 revenues rose 13.4% year over year to $12.56 billion. The growth rate was down from 16.2% growth in the first quarter and 17.6% in the fourth quarter of 2025. The slowdown was most visible in UCAN, the company's largest region, where revenue growth fell to 10% from 14% in the previous quarter, reflecting only a partial-quarter impact of the recent price increase. EMEA growth also moderated to 14% from 17%. For the third quarter, Netflix expects revenues of $12.86 billion, implying growth of 11.7%, the slowest pace in recent quarters.
Engagement trends offer limited comfort. View hours grew just 2% year over year in the first half of 2026 to more than 97 billion hours. Netflix will also publish its What We Watched report only once a year from 2027, which reduces visibility into engagement. Membership growth and pricing remain the main revenue drivers, but repeated price hikes could test consumer tolerance. The company has also begun re-testing free trials for non-rejoining new members in several markets, a sign that winning new members may require more effort.
Rising Content Costs Pressure Margins and Cash FlowNetflix's push into live programming is raising costs. The company expects live programming to account for just over 5% of 2026 content spend but only about 1% of view hours. Content amortization is projected to rise roughly 10% in 2026, with cash content spend at about 1.1 times amortization. Second-quarter operating margin contracted to 33.4% from 34.1% in the year-ago quarter. Capital expenditure jumped to $414.8 million in the first half of 2026 from $284.2 million a year ago. Free cash flow declined to $1.5 billion from $2.3 billion, partly due to higher cash tax payments linked to the Warner Bros. termination fee.
On the positive side, Netflix narrowed its 2026 revenue forecast to $51-$51.4 billion, indicating 13-14% growth. It continues to target an operating margin of 31.5% compared with 29.5% in 2025. For the third quarter, operating margin is projected at 33.2%, with diluted earnings of 82 cents per share. Advertising revenues are expected to roughly double to about $3 billion in 2026, while free cash flow is projected at approximately $12.5 billion.
The Zacks Consensus Estimate for NFLX's 2026 earnings is pegged at $3.59 per share, which has remained unchanged over the past 30 days. This indicates a 41.9% increase from the previous year. However, gross debt of $14.4 billion warrants monitoring, including $1 billion maturing later this year that Netflix plans to refinance.
Content Pipeline Strong, But CostlyNetflix's content slate for the rest of 2026 and 2027 remains robust. In late September, the company announced that it will become the new home of WWE in Japan. Korean mystery-horror series Dead-End Job premieres on Oct. 30. Italian series ChiaroScuro and Taiwanese medical drama Miracles of the ER debut on Nov. 11 and Nov. 12, respectively. Netflix also expanded the cast of its live-action Solo Leveling series and confirmed second seasons of Wave Makers and Lock Upp: Sach Ya Sazaa. Live events remain a key draw. These include NFL games on Thanksgiving Eve and Christmas, a final-week game in early 2027, the Tyson Fury vs. Anthony Joshua fight and the Women's World Cup. Yet these investments add to cost pressure and may take time to drive faster growth.
Premium Valuation and Stiff Competition Warrant CautionNetflix's valuation remains elevated, with the stock trading at a forward 12-month price/sales ratio of 5.13X versus the industry's 3.52X. NFLX carries a Value Score of D. This premium leaves little room for error amid slowing growth, making the stock unattractive at current levels.
Competition is also intensifying. Disney (DIS - Free Report) is bundling its streaming, Hulu and ESPN offerings to retain subscribers. Disney's vast franchise library and theme-park ecosystem also strengthen Disney's pricing power and brand loyalty. Amazon (AMZN - Free Report) offers Prime Video as part of its broader Prime membership, with Amazon expanding its ad-supported reach and Amazon investing heavily in live sports rights. Apple (AAPL - Free Report) continues to build its streaming service through prestige originals. Apple leverages its device ecosystem and Apple's deep balance sheet to fund premium content and sports. These deep-pocketed rivals compete aggressively for viewers, talent and advertising dollars, which limits Netflix's pricing flexibility and steadily pressures its content costs over time.
NFLX’s Valuation
Image Source: Zacks Investment Research
ConclusionNetflix's healthy margins, fast-growing advertising business and strong content pipeline support its long-term prospects. However, decelerating revenue growth, rising live and content costs, and a premium valuation amid stiff competition limit near-term upside. Until growth reaccelerates and cost pressures ease, investors should stay away from this streaming giant for now. NFLX currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Walmart ve spolupráci se společností Wing plánuje v oblasti Seattlu spustit doručování drony v roce 2027 a mohl by tak předstihnout Amazon, který ve svém domovském městě dosud komerční provoz této služby nezahájil.
Walmart and Wing are partnering on drone delivery service that is expanding across the U.S. (Walmart Photo) Walmart looks like it might beat Amazon to the skies over the Seattle area as the retail giant announced this week that it plans to bring automated drone delivery to the region in 2027.
The move is part of a broader nationwide push by Walmart and drone operator Wing — a subsidiary of Google parent Alphabet — to scale across nearly 20 U.S. metropolitan areas. By adding Seattle and Denver in its latest expansion push, the partnership aims to eventually offer 30-minute aerial delivery from more than 270 Walmart stores coast-to-coast, reaching over 40 million potential customers.
Details on which Seattle-area stores will offer the service have not yet been announced. There are no Walmart stores within Seattle city limits, but The Seattle Times reported that permit filings point to initial groundwork underway at store locations in Federal Way and Tacoma.
Federal Way Mayor Jim Ferrell said his community south of Seattle is looking forward to bringing the region “an incredible new convenience” with the advanced delivery solutions.
“The future has arrived and its being delivered by Walmart by drone!” Ferrell said in a news release.
Wing’s electric aircraft fly at speeds up to 60 mph, serving homes within a six-mile radius of participating stores. The drones carry payloads up to five pounds to drop household essentials from groceries to small electronics. Once operational, eligible local shoppers using either the Walmart or Wing app will automatically see airborne drops as a checkout option.
KIRO 7 captured a demonstration of Wing’s delivery system in Bellevue this week, showcasing how the aircraft take off and raise and lower orders.
While Seattle-based Amazon has pushed aggressively to expand its Prime Air drone fleet to nearly 500 U.S. cities and towns, the tech giant has yet to launch commercial drone deliveries in its hometown. Instead, Prime Air operations remain concentrated in markets like Arizona, Texas, and Florida.
Amazon isn’t ignoring the Pacific Northwest entirely, however. The Portland Business Journal reported last month that Amazon filed permit applications to build a Prime Air hub at a North Portland facility, targeting an early 2027 launch that has already drawn early pushback from nearby residents concerned about noise and safety.
Those noise concerns mirror a broader backlash taking shape in established test markets. The New York Times and others reported last month on residents living beneath Amazon’s drone flight paths in Richardson, Texas, who have taken exception to the constant low-altitude buzz of delivery aircraft disrupting their suburban way of life.
Wing has sought to head off potential noise backlash by re-engineering its aircraft acoustic profile. According to the company, its latest drones feature custom propellers designed to reduce high-pitched whines, keeping sound levels at roughly 43 to 50 decibels at cruising altitude and around 62 decibels during hovering drops — a level Wing claims is quieter than a standard delivery truck.
But Walmart and Wing have still encountered friction at the local level. In metro Atlanta, county leaders shut down a proposed Walmart drone hub after more than 1,000 nearby residents signed a petition citing noise, safety, and privacy concerns.
Key Takeaways JPMorgan retained the top spot in the 2026 Evident AI Index for Banks for a fifth straight year.JPMorgan's LLM Suite is used by 150,000 employees weekly, saving users about four hours per week.JPM identified roughly $600 million in efficiencies, though direct earnings benefits remain hard to measure. JPMorgan (JPM - Free Report) has retained the top spot in the 2026 Evident AI Index for Banks for the fifth consecutive year, underscoring its leadership as artificial intelligence (AI) adoption accelerates across the banking industry. The bank ranked first or second across all four of Evident’s assessment pillars — talent, innovation, leadership and transparency.
However, for investors, the key question is whether JPMorgan’s substantial technology spending can generate commensurate financial and productivity benefits. The banking giant has earmarked roughly $19.8 billion for technology in 2026, including continued investments in AI, data and infrastructure. Management believes these investments are already producing measurable value across credit, fraud detection and personalization.
AI adoption is also becoming increasingly embedded in JPMorgan’s operations. During the 2026 Company Update in February, CEO Jamie Dimon said its internal LLM Suite is used by roughly 150,000 employees weekly, with users estimating around four hours of weekly time savings. More than 90% of Commercial & Investment Bank engineers use AI coding assistants, while AI-driven transaction screening has more than doubled processing volumes and halved manual checks.
JPMorgan has also doubled its AI use cases in production and identified roughly $600 million in efficiencies, some AI-related. Yet, converting productivity gains into directly measurable earnings remains challenging. For investors, AI could strengthen JPMorgan’s long-term operating leverage and competitive positioning, though elevated investment requirements and uncertain monetization keep the near-term risk-reward equation balanced.
How Are JPMorgan’s Peers Stacked Up in Terms of AI Usage?Two close peers of JPMorgan are Bank of America (BAC - Free Report) and Citigroup (C - Free Report) .
Bank of America is scaling AI across customer service, software development and employee workflows. EricaAssist shortens call times, while AI coding tools have lifted developer productivity by more than 20%. AI also automates research, document processing and client-meeting preparation, reducing manual work and supporting lower operating costs and improved efficiency at Bank of America.
Citigroup is expanding AI across coding, client service, onboarding and risk workflows. More than 10,000 engineers use advanced AI tools, creating roughly 100,000 hours of weekly capacity. AI-driven document processing has cut certain onboarding review times by 80% at Citigroup, while agent-assist tools are reducing manual work and improving operating efficiency.
JPMorgan’s Price Performance, Valuation and EstimatesJPM shares have gained 7.6% over the past six months.
Image Source: Zacks Investment Research
From a valuation standpoint, JPMorgan trades at a 12-month trailing price-to-tangible book (P/TB) of 3.09X, slightly above the industry average.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for JPMorgan's 2026 earnings suggests a 24.6% year-over-year rise, while 2027 earnings are expected to decline 0.5%. In the past week, earnings estimates for 2026 and 2027 have moved upward to $25.35 and $25.23, respectively.
Image Source: Zacks Investment Research
JPMorgan currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Disney zvýšil ceny vstupenek a ročních permanentek v amerických parcích o 2 až 7 %. Permanentka Incredi-Pass nyní stojí 1 749 USD a jednodenní vstupenka až 229 USD.
Your neighbor's putting up inflatable skeletons in her yard. The Major League Baseball playoff season is under way. And Walt Disney (DIS +0.51%) is raising ticket prices. These are a;; seasonal rites this time of year. Why is it that only one of them surprises people?
Yes, Disney hiked prices on many annual passes and single-day tickets for its domestic theme parks this week. The same thing happened in early October last year. It was also a cause celebre this month two years ago. And the year before that.
We can talk about the severity of the increases this time around. There will be some people lamenting on Disney fan forums that they've been priced out of the Disney World and Disneyland experience. I don't want to dismiss that. It hurts to see special things become unattainable. However, as long as people keep coming -- and paying those higher prices -- do you think that next October will be any different?
Image source: Disney.
Pass the salt Florida's Disney World is the most visited theme park on the planet. Its annual turnstile clicks -- according to industry tracker TEA/AECOM -- have declined just twice in the last 14 years (through 2024, last year's numbers should be coming soon). There was a scant 0.5% dip in 2016. Then there was a hard reset in 2020 in the aftermath of a four-month closure at the resort. Prices went up almost every year.
The headline grabber is that Disney World's priciest annual pass -- the Incredi-Pass, which provides year-round access without any blackout dates -- is now $1,749 per person. This is a steep $120 increase, but isn't that just $0.33 more a day? The 7% increase does outpace inflation, but it's a different story at the low end. The Pirate Pass, available only to Florida residents, is valid only for non-holiday weekday visits and now costs just $10 more, at $499 per year. The 2% increase is a discount to both inflation and Disney's own rising costs of serving its guests.
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Salt the pass Disney stock has been a market laggard for years, but you can't lay the blame at the feet of the media giant's experiences segment. It sells cruises at a market premium, but it's seeing strong trends to warrant expanding its fleet faster than traditional cruising companies. Its theme parks continue to grow, cranking out record results.
The $1,749 Incredi-Pass annual pass or one-day tickets, now as high as $229 during peak travel periods, will be ammo for the naysayers. The irony is that those same moves provide ammo for shareholders. If Disney starts to become a hot investment again, it will be because it monetized its good fortune without losing its audience. The headlines this week appear mean-spirited, for what is essentially a reasonable 2% to 7% annual pricing adjustment. Disney knows what it's doing.
Disney announced Wednesday that its streaming service Disney+ will air the upcoming Super Bowl in February.
The 2027 championship game, as well as two Monday Night Football games leading up to the Super Bowl, will be available to all Disney+ subscribers in the U.S.
Disney had previously announced that its ESPN sports division would produce the Super Bowl in 2027 for the first time ever. The game will air on ESPN and Disney's broadcast network, ABC.
Interest in the upcoming Super Bowl is already high. Disney said on its most recent earnings call that ad spots for the game are already sold out, the earliest sellout in Super Bowl history, according to a press release.
The announcement is the latest move in Disney's efforts to expand its live sports streaming offerings. The media company last year launched a standalone ESPN streaming service, bringing the content outside the cable bundle.
In August, Disney announced that Formula E — the open-wheel racing championship for electric cars — will be available to Disney+ subscribers beginning Dec. 18.
Other streamers are also using live sports to bolster their portfolios. CNBC reported last week that Alphabet's YouTube is actively searching for additional live sports rights. YouTube already pays roughly $2 billion annually for the rights to "NFL Sunday Ticket," which will last until the end of the 2029-30 season.
Netflix will air five NFL games during the 2026-27 season. Netflix Chief Content Officer Bela Bajaria said in a CNBC interview last month that the company would be open to acquiring the rights to international NFL games if they become available.
Target ve druhém čtvrtletí fiskálního roku 2026 meziročně vyřídil téměř o 30 % více položek s doručením v den objednání nebo následující den; srovnatelné digitální tržby vzrostly o 8,7 %.
Key Takeaways Target fulfilled nearly 30% more same-day and next-day units year over year in fiscal Q2 2026.Same-day delivery rose more than 25%, helping drive an 8.7% increase in comparable digital sales.Target fulfills over 95% of sales through stores, supporting faster and more reliable fulfillment. Target Corporation (TGT - Free Report) is seeing stronger momentum in faster fulfillment as shoppers increasingly lean on convenience. In the second quarter of fiscal 2026, the retailer fulfilled nearly 30% more same-day and next-day units year over year, highlighting the growing role of speed in its guest experience. Same-day delivery was a particularly strong contributor, rising more than 25% and helping drive an 8.7% increase in comparable digital sales.
The company’s physical stores remain central to this capability. Target fulfills more than 95% of its sales through stores, bringing inventory closer to shoppers and enabling faster, more reliable and cost-effective fulfillment. The retailer is also using technology to improve how inventory moves through its network. Proxima, its digital twin of the middle-mile inventory positioning system, allows teams to test inventory-flow plans before implementation, evaluate potential downstream effects and make inventory decisions with greater confidence.
Faster delivery is also being supported by better product availability. Target said overall inventory reliability metrics reached multiyear highs, while availability of its most frequently purchased items was the strongest in recent years. This matters because faster fulfillment depends on having the right products available in the right locations when orders arrive.
Target plans to keep investing to get even faster, with better inventory positioning, stronger availability and its store-based fulfillment network supporting a quicker and more dependable digital experience.
How Walmart & Dollar General Compare on Delivery SpeedWalmart Inc. (WMT - Free Report) is also leaning heavily on faster fulfillment to deepen customer engagement. In second-quarter fiscal 2027, Walmart U.S. e-commerce sales rose 24%, with store-fulfilled delivery sales growing more than 40%. Fast delivery in the United States climbed 48%, while customers increasingly received orders in under 30 minutes. Walmart has expanded sub-30-minute delivery to 38 U.S. markets, supported by its store footprint, fulfillment infrastructure and local delivery capabilities.
Dollar General Corporation (DG - Free Report) is similarly expanding delivery as an extension of its convenience proposition. Dollar General said delivery contributed an estimated 40 basis points to comparable-sales growth in the second quarter of fiscal 2026. Through myDG Delivery, DoorDash and Uber Eats, Dollar General estimates roughly 80% sales incrementality, with digitally engaged and delivery customers more than twice as productive as nondigitally engaged shoppers.
How Does Target Stack Up Against Its Industry?Target has seen its shares rally 16.6% over the past three months against the industry’s 3% decline.
Image Source: Zacks Investment Research
What Does Target’s Current Valuation Suggest?From a valuation standpoint, Target's forward 12-month price-to-earnings ratio stands at 15.83, lower than the industry’s 27.18. However, the stock is trading above its 12-month median level of 14.89.
Image Source: Zacks Investment Research
What Do Earnings Estimates Signal for Target?The Zacks Consensus Estimate for Target’s current fiscal-year sales and earnings per share implies year-over-year growth of 5.1% and 37.8%, respectively. For the next fiscal year, the consensus estimate indicates a 3.1% rise in sales but a decline of 9.5% in earnings per share.
Image Source: Zacks Investment Research
Target’s Investment CaseTarget’s improving traffic, stronger digital momentum, broad-based category growth and better inventory reliability indicate that its refreshed strategy is gaining traction. Same-day delivery growth, continued price investments and higher-margin revenue streams further strengthen the operating backdrop. Management also raised fiscal 2026 sales and EPS guidance, reflecting greater confidence in underlying momentum. These factors support a constructive investment view on this Zacks Rank #2 (Buy) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ExxonMobil během příštích 12 měsíců rozšíří nasazení technologie FlexRobotics společnosti Helmerich & Payne ze dvou na devět systémů, aby zvýšil bezpečnost a efektivitu vrtání.
ExxonMobil Holdings (NYSE:XOM) on Friday disclosed it is expanding its deployment of Helmerich & Payne Inc.’s (NYSE:HP) FlexRobotics technology.
Notably, FlexRobotics technology automates repetitive activities on the rig floor, reducing personnel exposure to higher-risk tasks while improving consistency, precision and operating efficiency.
• What’s the outlook for XOM shares?
Bart Cahir, senior vice president of ExxonMobil Upstream Unconventional, said the company is focused on expanding this technology. He said the broader use of FlexRobotics builds on lessons from the initial deployments and represents another step in using automation to improve drilling performance.
Plans to Add Further FlexRobotics SystemsFollowing the deployment of two FlexRobotics systems on H&P rigs, ExxonMobil plans to add seven more systems over the next 12 months, bringing the total to nine.
The expansion supports ExxonMobil’s strategy to scale advanced technologies across its drilling operations and further improve automation and safety.
Expects to Automate Half of its Rigs by 2028In August, ExxonMobil said it is targeting automation for about half of its Permian drilling fleet by 2028, using robotic equipment to speed up well construction while limiting workers’ exposure to hazardous rig-floor activities, as per Reuters.
Currently, the company operates over 30 rigs in the Permian, with two already using robotic arms to handle and position drill pipes without requiring workers to remain on the rig floor.
ExxonMobil’s Cahir said moving workers away from the rig floor enables them to focus on preparing for the next stage of operations, helping combine workforce safety with greater drilling efficiency. He characterized the initiative as a productivity-driven effort.
XOM Earnings Preview and Analyst Price TargetsLooking further out, the next major catalyst for the stock arrives with the Oct. 30 (estimated) earnings report.
EPS Estimate: $3.75 (Up from $1.88 year-over-year) Revenue Estimate: $102.02 billion (Up from $85.29 billion YoY) Valuation: P/E of 21.2x (Suggests fair valuation relative to peers) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $171.92 (high: $185; low: $142) across 23 analysts. Recent analyst moves include:
Wells Fargo: Downgraded to Equal-Weight (Target $182 on Oct. 1) TD Cowen: Buy (Raises target to $180 on Sept. 28) Piper Sandler: Neutral (Raises target to $185 on Sept. 3) Top ETFs Holding ExxonMobil (XOM) Corgi U.S. War Machine ETF (NASDAQ:WR): 8.67% Weight iShares Core High Dividend ETF (NYSE:HDV): 8.29% Weight First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN): 7.00% Weight Significance: Because XOM carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely trigger automatic buying or selling of the stock.
XOM Stock Price Today: Latest Trading UpdateXOM Stock Price Activity: ExxonMobil Holdings shares were trading down 0.48% at $163.69 at the time of publication on Wednesday, according to Benzinga Pro data.
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Key Takeaways ExxonMobil's shares jumped 44.3% in a year, beating the industry's 42.4% growth and key integrated peers.High oil prices and low-cost Permian and Guyana output are supporting XOM's production and earnings.XOM's strong balance sheet and dividend growth add support, but its premium valuation argues for patience. ExxonMobil Holdings Corporation (XOM - Free Report) has jumped 44.3% over the past year, outpacing the industry’s 42.4% growth. BP plc (BP - Free Report) and Chevron (CVX - Free Report) , two other integrated players in the same space, have gained 30.4% and 35.1%, respectively, over the same time span.
Image Source: Zacks Investment Research
The price chart clearly reflects investors’ strong preference for XOM stock. Should investors continue to bet on the integrated energy giant? Before getting into the conclusions, let’s delve into the company’s fundamentals and overall business environment.
Oil Price Still High: Boon for XOM’s Operations?West Texas Intermediate (“WTI”) crude is hovering around the $90-per-barrel mark. The high prices are being driven by intensifying conflicts in the Middle East. The U.S. Energy Information Administration in its latest short-term energy outlook projected WTI at $88.21 per barrel this year, higher than $65.40 last year. A highly favorable oil pricing environment is likely to continue supporting ExxonMobil’s exploration and production activities, similar to BP and Chevron.
Importantly, upstream operations generate the majority of earnings for XOM. The company has a massive footprint in the Permian, the most prolific oil and gas play in the United States, and offshore Guyana. In the Permian, the integrated giant has been employing new drilling techniques and artificial intelligence to boost and optimize production volumes at lower cost structures.
In Guyana, XOM has made several oil and gas discoveries, further highlighting its solid production outlook. Robust production from both assets has been aiding its top and bottom lines. In both resources, the breakeven costs are low.
Robust Balance Sheet & Dividend Commitment of XOMInvestors should also keep in mind that XOM has a strong balance sheet that can support it during an unfavorable business environment. The debt-to-capitalization of ExxonMobil is 13.73%, significantly lower than 28.48% of the industry’s composite stocks.
Image Source: Zacks Investment Research
Coming to the integrated energy giant’s dividend commitment story, over the past 43 years, ExxonMobil has been rewarding shareholders with annual dividend hikes at an average rate of 5.8%.
Time to Bet on XOM?Coming to the valuation story, ExxonMobil is trading at a premium. On a relative basis, the stock is trading at a 9.18x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is a premium compared with the broader industry average of 5.90x. BP and Chevron are trading at 2.89x and 7.82x, respectively.
Image Source: Zacks Investment Research
Since the stock is relatively expensive now, investors should wait for the ideal time to bet on XOM. However, those who have already invested may continue to hold on to the stock, which currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
BofA očekává, že umírněný redesign pickupů GM v roce 2027 podpoří průměrné počáteční ceny vozů a prodejní mix; počáteční ceny modelu Silverado vzrostly oproti roku 2026 v průměru o 4,6 %.
General Motors Company (NYSE:GM)'s measured redesign of its Chevrolet Silverado 1500 and GMC Sierra 1500 pickups should help protect its leading full-size truck market share while supporting stronger pricing and mix in 2027, Bank of America (BofA) said.
Based on its channel checks, the bank said GM had deliberately limited exterior changes to the 2027 models, reflecting the loyalty of its customer base and the risk of alienating existing owners looking to upgrade.
The redesigned trucks feature new headlights and grilles and a hood that is about 1 inch higher, while larger changes include a 16.3-inch centre screen and an optional passenger display on higher trims.
Under the hood, GM has replaced its previous 5.3-litre and 6.2-litre V8 engines with new 5.7-litre and 6.6-litre engines producing 402 and 481 horsepower, respectively.
BofA said the approach contrasts with more radical redesigns such as Ford’s move to aluminium in 2015 and Dodge Ram’s 1994 overhaul, which generated a share gain of more than 700 basis points.
The bank expects GM to benefit from a price and mix tailwind in 2027 as it prioritises higher-margin trims initially, with volumes expected to scale in 2028 as production ramps up.
GM expects full-size pickup volumes to be flat year on year in 2027, while BofA noted that the company achieved about $1.3 billion of additional EBIT from strong price realisation following its 2019 truck redesign.
The bank also expects the new trim structure to support a richer mix, with GM removing several mid-level trims while retaining luxury and off-road models at the top of the range.
Starting prices are up an average of 4.6% for Silverado and 2.9% for Sierra compared with 2026, led by increases of 13% for the Silverado High Country and 7% for the ZR2.
BofA expects crew-cab models to launch first, further supporting the early mix benefit before smaller cab configurations are introduced.
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PepsiCo shares are down nearly 12% this year and about 16% since Elliott Investment Management took a roughly $4 billion stake. Summary
Wall Street expects third-quarter revenue of $24.96 billion, up 4.3%, with adjusted EPS near $2.29.
PepsiCo Inc. (PEP, Financials) faces earnings release with investors still searching for proof its recovery in North America is gaining traction.
The corporation has reduced pricing by up to 15% on brands such as Lay's and Doritos, boosted marketing and widened distribution. So far such efforts haven't achieved the improvement investors sought.
Core operating margin was 16.3% in the first half down 15 basis points year on year. That is at odds with PepsiCo's target, disclosed after talks with activist investor Elliott Investment Management, of boosting margins by 100 basis points over three years.
Inflation is hardly the only pressure anymore.
The longer-term challenge to PepsiCo's snack portfolio is from GLP-1 weight-loss medications that are spurring better eating. The firm has reacted with items like Doritos Protein and SunChips Fiber but its valuation has already shrunk. Enterprise value has dropped to around 10 times EBITDA from 18 times in mid-2022.
Investors now need to see North American volumes and margins stabilize. Analysts are forecasting $24.96 billion in sales, up 4.3%, for the third quarter with adjusted EPS of around $2.29.
The findings Thursday will demonstrate if PepsiCo's turnaround is finally taking hold or if further improvements are needed.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Akcie společnosti Novavax během pondělního obchodování vzrostly o 10,5 % na 11,5620 USD, přestože čtvrtletní tržby meziročně klesly o 76,2 % na 56,70 milionu USD.
Shares of Novavax, Inc. (NASDAQ:NVAX – Get Free Report) were up 10.5% during mid-day trading on Monday. The company traded as high as $11.25 and last traded at $11.5620. 3,160,292 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 4,772,155 shares. The stock had previously closed at $10.46.
Key Stories Impacting Novavax Here are the key news stories impacting Novavax this week:
Positive Sentiment: Novavax’s recent rally was also supported by renewed interest in its capital-light partnership model. Sanofi is commercializing Nuvaxovid, while Novavax remains eligible for royalties in the high-teens to low-20% range on Sanofi’s net sales. Updated vaccine approvals in the U.S., European Union and Japan for the 2026–2027 season provide potential recurring royalty support. Novavax jumps as investors revisit multi-market vaccine approvals and royalty upside Neutral Sentiment: Options activity has been unusually elevated, with reported call purchases far exceeding typical volume. The activity may reflect speculative positioning and could amplify volatility, but it does not establish a fundamental improvement in Novavax’s outlook. Novavax Sees Unusually High Options Volume Negative Sentiment: The WHO’s assessment removed the immediate outbreak catalyst behind the prior vaccine-stock surge. Novavax’s shares had attracted short-covering and retail speculation, but the lack of a confirmed outbreak or government purchase announcement leaves those gains vulnerable to unwinding. Novavax Sinks as WHO Calls Plague Risk Very Low Negative Sentiment: The company’s underlying financial profile remains a concern: recent revenue fell sharply year over year, and Novavax continues to report losses. Analysts expect a full-year loss, increasing the stock’s sensitivity to sentiment-driven trading and the reversal of short-term catalysts. Novavax Stock Sinks as Market Gains Analyst Upgrades and Downgrades NVAX has been the topic of a number of analyst reports. BTIG Research reiterated a “buy” rating and set a $19.00 price objective on shares of Novavax in a research report on Thursday, June 11th. Zacks Research lowered Novavax from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Novavax in a research report on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Novavax from a “sell” rating to a “hold” rating in a report on Saturday, September 12th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Novavax has a consensus rating of “Hold” and a consensus price target of $14.00.
Read Our Latest Research Report on NVAX Novavax Stock Performance The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of -7.45 and a beta of 2.44. The business has a 50-day moving average of $9.33 and a 200-day moving average of $9.05.
Novavax (NASDAQ:NVAX – Get Free Report) last posted its earnings results on Thursday, August 6th. The biopharmaceutical company reported ($0.32) EPS for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.06. Novavax had a negative net margin of 59.87% and a negative return on equity of 14.82%. The company had revenue of $56.70 million for the quarter, compared to analysts’ expectations of $52.51 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. Novavax’s revenue for the quarter was down 76.2% compared to the same quarter last year. Equities analysts predict that Novavax, Inc. will post -0.46 earnings per share for the current fiscal year.
Institutional Trading of Novavax Several institutional investors have recently added to or reduced their stakes in NVAX. Duncker Streett & Co. Inc. boosted its position in shares of Novavax by 917.3% during the first quarter. Duncker Streett & Co. Inc. now owns 4,242 shares of the biopharmaceutical company’s stock worth $35,000 after buying an additional 3,825 shares during the period. KBC Group NV grew its position in Novavax by 34.9% in the 1st quarter. KBC Group NV now owns 4,746 shares of the biopharmaceutical company’s stock valued at $39,000 after acquiring an additional 1,229 shares in the last quarter. Allworth Financial LP increased its stake in Novavax by 292.5% during the second quarter. Allworth Financial LP now owns 4,353 shares of the biopharmaceutical company’s stock worth $41,000 after purchasing an additional 3,244 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of Novavax during the second quarter worth about $42,000. Finally, Principal Financial Group Inc. acquired a new position in shares of Novavax in the first quarter valued at approximately $83,000. Institutional investors and hedge funds own 53.04% of the company’s stock.
Novavax Company Profile (Get Free Report)
Novavax, Inc is a biotechnology company focused on the discovery, development and commercialization of vaccines. The company uses its recombinant protein-based vaccine platform and Matrix-M adjuvant technology to develop vaccines designed to stimulate targeted immune responses.
Novavax’s principal commercial product is its protein-based COVID-19 vaccine, marketed in various regions under the Nuvaxovid or Novavax COVID-19 Vaccine name. The vaccine has been authorized or approved in multiple markets, including the United States, Europe and other international jurisdictions, with availability and regulatory status varying by country.
Further Reading Five stocks we like better than Novavax Rivian Escapes the EV Graveyard—But Can It Stay Alive? Allient’s Data Center and Defense Momentum Is Raising the Stakes Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real Receive News & Ratings for Novavax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Novavax and related companies with MarketBeat.com's FREE daily email newsletter.
Tržby Qualcommu z mobilních čipů ve 3. čtvrtletí fiskálního roku 2026 meziročně klesly o 20 % na 5,09 miliardy USD; provozní marže divize QCT má ve 4. čtvrtletí dále klesnout na 23–25 %.
Key Takeaways Qualcomm has risen 5.9% year to date, far behind the semiconductor industry's 205.5% gain.QCT handset revenues fell 20% in fiscal Q3, while Apple-related revenues are set to drop faster than expected.Qualcomm expects QCT margins to weaken further as input costs rise and data-center expansion adds risk. Qualcomm Incorporated (QCOM - Free Report) has jumped 5.9% year to date compared with the Electronics - Semiconductors industry’s growth of 39.4%. It has lagged the broader technology sector and the S&P 500 during this time.
Image Source: Zacks Investment Research
The company has underperformed its competitors like Intel Corporation (INTC - Free Report) and Advanced Micro Devices (AMD - Free Report) . Intel has surged 205.5%, while AMD has improved 204.3%.
Handset Weakness Remains QCOM’s Biggest Near-Term ProblemQualcomm’s core handset business is witnessing weak demand trends. In the third quarter of fiscal 2026, QCT handset revenues dropped 20% year over year to $5.09 billion. Management expects fiscal 2026 Android handset revenues to decline roughly 20%. Chinese OEM demand is expected to improve sequentially. However, this improvement is expected to be hindered by soft demand in other markets.
The company’s Apple exposure is changing faster than previously expected. Qualcomm now expects its modem share in the upcoming iPhone launch to be materially below the earlier 20% assumption. Apple-related product revenues could decline by about 50% sequentially from September to December 2026, while fiscal 2027 Apple product revenues are expected to fall below the earlier expectation of slightly more than $2 billion. Qualcomm expects this decline can be compensated by growth in non-handset business. But execution risks remain.
Higher Input Costs Are Hindering QCOM’s MarginThe semiconductor industry overall is witnessing increasing expenses across wafers, assembly, testing, advanced packaging and memory. Qualcomm is responding to these necessary price adjustments. But those increases will take time to get reflected in the financial results. Higher input costs are already impacting QCOM’s margin.
In the third quarter of fiscal 2026, its QCT segment’s EBT margin fell to 26% from 30% a year earlier, while QTL EBT margin declined to 69% from 71%. More importantly, Qualcomm expects QCT EBT margin to fall further to 23%-25% in the fourth quarter.
The Zacks Consensus Estimate suggests fiscal 2027 EPS at $10.02 versus $10.55 for fiscal 2026. At the same time, fiscal 2027 revenues are estimated at $44.34 billion compared with $42.89 billion for fiscal 2026. Revenues are expected to grow while EPS declines, highlighting the effect of margin and cost pressures.
Data-Center Expansion Offers Potential but it is Not Yet ProvenQualcomm is investing heavily to establish itself in data-center infrastructure. It is venturing into custom silicon, AI accelerators, connectivity and server CPUs. The opportunity is vast, but requires substantial investment in the near term. Execution risk and competition from other major players such as AMD and Intel. AMD already offers a broad data-center portfolio spanning EPYC CPUs, Instinct AI accelerators, networking and software, while Intel continues to strengthen its Xeon, networking and AI accelerator offerings.
Estimate Revision Trend of QCOMEarnings estimates for fiscal 2026 and 2027 have decreased over the past 60 days.
Image Source: Zacks Investment Research
Key Valuation Metric of QCOMGoing by the price/earnings ratio, the company's shares currently trade at 17.98 forward earnings, higher than 14.24 for the industry. From a valuation standpoint, QCOM appears to be trading at a premium compared to the industry.
Image Source: Zacks Investment Research
End NoteQualcomm’s growth trajectory can be compelling if it can diversify its portfolio. However, in the short run, declining handset revenue, falling Apple contribution in revenue and higher input costs are major concerns. Its venture in the data center space can be affected by growing competition. Hence, with a Zacks Rank #4 (Sell), investors should avoid investing in Qualcomm stock at present.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Chevron prodá podíly v Hess Midstream a aktiva v DJ Basin výměnou za nové smluvní podmínky a 200 mil. USD; očekává snížení nákladů v Bakkenu přibližně o 50 %.
What happened Chevron Corporation (NYSE: CVX) said it signed final agreements to divest its Hess Midstream interests and DJ Basin crude oil midstream assets. The company said several subsidiaries entered the agreements with Hess Midstream LP to reshape Bakken midstream contracts and set new DJ Basin contracts. The revised Bakken agreements extend the contract terms and are expected to cut Chevron's Bakken unit midstream costs by about 50%.
Chevron will transfer its ownership interests and general partner position in Hess Midstream in exchange for the new long-term commercial terms and $200 million in cash. It will also transfer its DJ Basin crude oil midstream assets. Chevron expects the deal to fully deconsolidate Hess Midstream, including about $3.7 billion of debt. The Conflicts Committee has approved the deal, and closing still depends on customary conditions and regulatory approvals.
Key numbers Metric Latest Change Source Expected one-time after-tax loss $3 to $4 billion SEC 8-K Hess Midstream debt Chevron expects to deconsolidate $3.7 billion SEC 8-K Cash consideration $200 million Chevron news release Expected Bakken unit midstream cost reduction approximately 50% Chevron news release Expected accretion to return on capital employed 0.5% on an absolute basis Chevron news release Read more: Chevron (CVX) stock analysis and investment case Why it matters OptimistFi's case is that Chevron turns cyclical cash flow into durable shareholder returns through capital discipline and a strong balance sheet. This filing is mixed for that view because it lowers Bakken midstream costs and raises expected return on capital employed, but it also brings a $3 to $4 billion special-item loss.
Chevron said the new framework is meant to support competitive upstream development. It also expects to sustain Bakken production through technology deployment and operating changes from its global shale and tight portfolio. The $3.7 billion of debt Chevron expects to deconsolidate is 18.5 times the $200 million cash consideration.
That comparison shows the scale of the balance-sheet change against a small cash payment. The benefits are still expected, not realized. Chevron also said it cannot recognize the future Bakken cost savings as an asset.
Browse: stock research on every company OptimistFi covers
What's next The transaction is expected to close by year-end 2026. If it closes, Chevron expects the one-time loss and the deconsolidation of Hess Midstream to happen then. A later close would push back the lower Bakken cost structure and the new contract terms.
More from OptimistFi CVX stock: the Chevron thesis, its status and the next test to watch United States Brent Oil Fund, LP (NYSE Arca: BNO) Tracks a Supply Gap Alpha Teknova, Inc. (NASDAQ: TKNO) Adds Regulatory Support for PluriFreeze Meta Platforms, Inc. (NASDAQ: META) Has a Conditional $18 Billion Bill Stock research on every company OptimistFi covers Latest stock research and investment-case updates OptimistFi: evidence-first equity research Sources Chevron news release — Exhibit 99.1, issued October 6, 2026 Chevron 8-K — Current report dated October 6, 2026 Read the full OptimistFi thesis on Chevron Corporation: https://optimistfi.com/stocks/CVX
See what would break the Chevron Corporation thesis and track it live on the OptimistFi Thesis-Break Engine.
Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.
The full Chevron Corporation investment case, its status and the next test to watch live on the Chevron Corporation thesis page.
Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
Phillips 66 těží ze silné poptávky po palivech a omezených globálních zásob, zatímco aktiva v oblasti přepravy a skladování poskytují stabilní peněžní toky a tlumí vliv cen komodit.
Key Takeaways Phillips 66 sees refining support from strong fuel demand and relatively tight global inventories.PSX's midstream assets provide stable cash flows and help reduce exposure to commodity price volatility.Phillips 66's shares rose 103.8% in the past year, while its 2026 earnings estimate recently increased. With West Texas Intermediate (“WTI”) oil prices currently hovering around $90 per barrel, according to Oilprice.com, and owing to tensions in the Middle East, the overall energy business is uncertain.
The U.S. Energy Information Administration projects the spot average WTI price for 2026 at $88.21 per barrel, higher than $65.40 in 2025. Thus, Phillips 66 (PSX - Free Report) , which generates significant margin from its refining activities, is likely to be hurt by high oil prices. Despite the high input cost, the refining business environment is highly profitable as demand for fuels remained strong, while global fuel inventories stayed relatively tight.
Investors should also know that although a leading refiner, PSX, unlike most of its refining peers, has diversified the business across midstream and chemicals. Along with investing in refining operations, Phillips 66 is allocating a significant amount of capital to midstream.
Midstream business, by its very definition, is stable, generating stable cash flows as the assets are being utilized by shippers for the long term, and is less vulnerable to commodity price volatility. Hence, having a diversified business model, Phillips 66 is insulated from commodity price volatility to a great extent.
DINO & PARR Poised to GainHF Sinclair (DINO - Free Report) and Par Pacific Holdings Inc. (PARR - Free Report) , two other well-known refiners, are also likely to benefit from the ongoing favorable refining business.
On its second-quarter 2026 call, HF Sinclair mentioned that wars in the Middle East and Ukraine have disrupted refining capacities. DINO stated that inventories of fuel in the United States and in its key operating regions are low, especially when the demand for the end products remains healthy, thereby creating opportunities to earn healthy refining margins.
Par Pacific continued to benefit from a strong refining market at the start of the third quarter. The company’s refining index, which is a rough measure of how profitable it is to turn crude oil into products like gasoline and diesel, was still very high in July at $31.34 per barrel, only slightly below the second-quarter average of about $33.
Demand for fuels remained strong, especially on the mainland, while global fuel inventories stayed relatively tight. In simple terms, there was still healthy demand for refined products and limited excess supply, which helped PARR continue earning attractive margins from its refineries.
PSX’s Price Performance, Valuation & EstimatesShares of PSX have gained 103.8% over the past year compared with the 120.9% rise of the composite stocks belonging to the industry.
Image Source: Zacks Investment Research
From a valuation standpoint, PSX trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 11.95X. This is above the broader industry average of 6.05X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PSX’s 2026 earnings has gone up over the past seven days.
Image Source: Zacks Investment Research
Phillips 66 currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Hormel Foods ve třetím fiskálním čtvrtletí 2026 těží z nižších cen vepřového a výraznější přínos očekává v dalších čtvrtletích. Vyšší náklady na hovězí maso, dopravu a paliva kompenzuje cenami a úsporami.
Key Takeaways HRL began benefiting from lower pork commodity prices in the third quarter, with more gains expected ahead.HRL faced elevated beef, freight, logistics and fuel costs, plus higher short-term turkey supply-chain costs.HRL is using pricing, mix, efficiency gains and SG&A actions to improve profitability amid cost pressures. Hormel Foods Corporation (HRL - Free Report) continues to navigate input cost pressures through pricing actions, supply chain improvements and favorable developments in select raw material markets. While commodity dynamics remain mixed, lower pork commodity prices began to benefit in the third quarter of fiscal 2026, though the timing of cost recognition delayed the full benefit, with a greater portion of the benefit expected in future quarters.
However, beef costs remained higher than last year, while freight, logistics and fuel expenses continued to weigh on performance. Grain and beef costs are expected to stay elevated in some areas, and the turkey business also faced short-term pressure from higher temperatures and weaker feed efficiency. Fuel costs eased for a time but later moved higher again, leaving the company’s overall logistics outlook largely unchanged.
Hormel Foods continues to build long-term capabilities across its supply chain, including through Hormel production systems that are driving more consistent and improved performance across its manufacturing network. The company is also enhancing its data and planning tools to improve collaboration and support better decision-making across the enterprise. Management remains positive about the progress being made in these areas while navigating short-term headwinds.
Additionally, Hormel Foods is using multiple levers to improve bottom-line performance, including pricing, mix, efficiency gains and SG&A actions. The company successfully executed two waves of pricing actions, while the team continues to focus on mix. The company has also generated further efficiency gains and taken significant SG&A actions.
Looking ahead, Hormel Foods appears well positioned to partially offset persistent input cost pressures through a combination of pricing, mix improvement, efficiency gains and tighter cost discipline. Lower pork costs should provide additional support in coming quarters, while ongoing supply chain and SG&A initiatives could help cushion elevated beef, freight and other operating expenses. The effectiveness of these actions will remain important to watch as the company works to protect profitability in a still-challenging cost environment.
The Zacks Rundown for HRLThe company’s shares have lost 19% in the past three months compared with the industry’s 14.4% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, HRL trades at a forward price-to-earnings ratio of 12.93, in line with the industry’s average. HRL currently carries a Zacks Rank #3 (Hold).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for HRL’s current and next fiscal year earnings implies a year-over-year increase of 8.8% and 3.6%, respectively.
Image Source: Zacks Investment Research
Stocks to ConsiderThe Zacks Consensus Estimate for CHEF’s current fiscal-year sales and earnings indicates growth of 10.8% and 33.7%, respectively, from the year-ago reported figures. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Medifast, Inc. (MED - Free Report) operates as a health and wellness company that provides habit-based and coach-guided lifestyle solutions to address obesity and support a healthy life in the United States. MED currently carries a Zacks Rank of 2 (Buy).
The Zacks Consensus Estimate for MED's current fiscal-year sales and earnings implies a decline of 27.3% and 26.8%, respectively, from the year-ago actuals. MED delivered a trailing four-quarter negative earnings surprise of 462.2%, on average.
Utz Brands, Inc. (UTZ - Free Report) , together with its subsidiaries, markets, sells and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. UTZ currently carries a Zacks Rank 2.
The Zacks Consensus Estimate for UTZ’s current fiscal-year sales implies growth of 3.7%, and the same for earnings implies a decline of 2.4% from the year-ago actuals. UTZ delivered a trailing four-quarter earnings surprise of 1.8%, on average.
UPS plánuje v roce 2026 vyplatit dividendy ve výši zhruba 5,4 mld. USD při očekávaném volném peněžním toku 5,5 mld. USD, což ponechává jen minimální rezervu.
UPS yields 7% and the dividend has held steady for seven straight payments, but one look at where the cash is actually coming from turns that income story into something far more uncomfortable.
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United Parcel Service (NYSE:UPS | UPS Price Prediction) trades at $93.26. The stock is down 8.83% over the past month and 34.97% over five years. Its $6.56 annualized dividend now yields about 7.03%, and that payout grounds the investment case. When one number supports the whole case, it needs a stress test. The right test is free cash flow, because that is the cash that actually pays the dividend.
Three Years of Thin Cash Coverage Year Operating Cash Flow Capex Dividends Paid Dividends as % of OCF Minus Capex 2023 $10.238B $5.158B $5.372B 105.7% 2024 $10.122B $3.909B $5.399B 86.9% 2025 $8.45B $3.685B $5.398B 113.3% Coverage worsened in 2025. On the July 28 call, management stated the 2026 plan simply:
“We are still planning to pay out around $5.4 billion in dividends in 2026, subject to Board approval.”
Forecast free cash flow is approximately $5.5 billion, which puts the dividend at 98% of it. Year-to-date free cash flow reached only $1.6 billion against $2.7 billion in dividends paid, so the second half has to produce $3.9 billion. Buybacks fell to zero in both 2026 quarters. The quarterly dividend has held at $1.64 for seven straight payments.
Amazon Exit Shrinks the Base Under the Payout UPS cut approximately 2 million pieces per day of Amazon (NASDAQ:AMZN) volume and removed approximately $4.5 billion of expense. In Q2, package volume fell 3.6% while revenue per piece rose 11.3%. CEO Carol Tomé called the result “an expected and significant shift in our performance,” and management added:
“But this reconfiguration was never the destination. It was the foundation.”
That foundation is expensive to build. GAAP EPS was $0.71, while adjusted EPS was $1.76. The gap came from $1.172 billion in transformation costs. Fuel costs also rose 60.4%.
FedEx and Amazon Show What UPS Gave Up FedEx (NYSE:FDX) pays $5.57 against $18.55 in EPS, a payout ratio of about 30% and a yield of 1.93%. UPS pays $6.56 on $5.38 in trailing GAAP EPS, or 122%. Amazon pays no dividend, reinvests everything and trades at 24x forward earnings. UPS trades at 12x. The market prices UPS as an income stream with little growth attached.
Opportunity or Warning: Verdict and Trigger The bull case rests on history: dividend records go back to 1999, forecast adjusted EPS of $7.22 covers the payout, and UPS supports no outstanding commercial paper.
The yield is still a warning sign. Cash fell to $4.653B, a $1.3 billion pension contribution is due, and the Teamsters contract is two years out. Free cash flow fell short of the dividend in two of the past three years, which leaves the payout frozen with almost no cushion. Holders are making 7% today with little chance of a raise.
The signal to watch: if full-year 2026 free cash flow lands below the $5.4 billion dividend commitment, UPS will be funding its payout from the balance sheet. At that point, the yield measures risk more than return (the warning signs that a fat yield is about to be cut are the subject of a free report we put together here: Dividend Traps).
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Realty Income v první polovině roku 2026 prodala 177 nemovitostí s čistým výnosem 348,6 milionu USD a ziskem 73,9 milionu USD, zatímco investovala přibližně 5,3 miliardy USD.
Key Takeaways Realty Income sold 177 properties for $348.6 million in first-half 2026 net proceeds.Sales generated $73.9 million in gains, while investments reached about $5.3 billion.First-half investments had a 7.2% cash yield, with other investments reaching an 8.3% yield. Realty Income (O - Free Report) is increasingly using property dispositions as part of its broader capital-allocation strategy. In the first half of 2026, the company sold 177 properties for $348.6 million in net proceeds, up from $209.4 million in the comparable period a year earlier. The sales generated $73.9 million in gains, providing an additional source of capital alongside operating cash flow and external funding.
While disposition proceeds remain modest relative to Realty Income’s investment activity, they can support portfolio optimization. The company invested about $5.3 billion during the first half, meaning property sales funded only a fraction of its deployment. Still, selling vacant or less strategically attractive assets can free capital for potentially higher-return opportunities without relying entirely on debt or equity financing.
The reinvestment opportunity is particularly notable, given Realty Income’s current investment yields. First-half investments carried an initial weighted-average cash yield of 7.2%, while development investments generated about 7.5%. Other investments, including loans and preferred equity, offered an even higher 8.3% yield. This provides multiple avenues for redeploying proceeds from asset sales.
Capital recycling could help Realty Income improve its portfolio over time while supporting its $10 billion 2026 investment target. However, sales do not automatically create better returns. The company must ensure replacement investments offer attractive risk-adjusted returns after considering financing costs, transaction expenses and market conditions. With its large and diversified portfolio, disciplined recycling could complement acquisitions and reduce dependence on external capital.
How Are Realty Income’s Peers Faring?Agree Realty Corporation (ADC - Free Report) focuses on high-quality, net-leased retail properties, with emphasis on investment-grade tenants and necessity-based retailers. The company invested $502 million in the second quarter of 2026. AFFO per share rose 7.4% to $1.14, while it sold 14 properties for $30.3 million.
NNN REIT, Inc. (NNN - Free Report) owns a diversified portfolio of single-tenant retail properties under long-term net leases. The company regularly uses property sales to prune weaker assets, manage tenant exposure and recycle proceeds into new acquisitions. From 2006 through 2025, the company has sold 953 properties generating $2.5 billion in net proceeds.
Realty Income’s Price Performance, Valuation and EstimatesShares of Realty Income have dipped 14.2% over the past three months, underperforming the broader industry and the S&P 500 Index.
Image Source: Zacks Investment Research
In terms of forward 12-month Price/Earnings (P/E), Realty Income is currently trading at 11.93X, which is at a discount to the industry average of 15.31X.
Image Source: Zacks Investment Research
Realty Income’s estimate revisions reflect a negative trend. The Zacks Consensus Estimate for fiscal 2026 EPS has been revised downward by a cent over the past month. The consensus estimate calls for 3.3% growth year over year.
Image Source: Zacks Investment Research
Currently, Realty Income carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Tržby Zillow ve druhém čtvrtletí meziročně vzrostly o 18 %, firma však vykázala ztrátu podle GAAP ve výši 4 milionů USD. Akcie za posledních 12 měsíců propadly o více než 60 %.
In the past 12 months, Zillow's (Z -2.26%) share price has collapsed by more than 60% as of this writing. The reasons for the crash are multifaceted. The path to recovery looks increasingly difficult. The stock is cheap, but for a reason, and I don't see a turnaround anytime soon.
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The second-quarter earnings weren't bad at all. Revenue grew 18% year over year, and the company's mortgage division expanded an impressive 75% to $84 million. The problem is that Zillow still posted a GAAP loss of $4 million in the quarter.
Plus, even with the decline in share price, the stock is still trading at 124 times trailing earnings. The potential recovery isn't getting any easier, as Zillow contends with macroeconomic factors, including a slowing housing market and rising mortgage rates. It's also facing challenges in the form of legal matters and competition. Zillow was cut off from more than 30,000 listings in Chicago recently. The company's competitive edge could crumble if antitrust lawsuits don't go Zillow's way.
Image source: Getty Images.
Zillow needs to find a way to scale its end-to-end real estate journey for advisors, buyers, and sellers alike. It also needs to find other reliable sources of revenue to help better weather housing market slowdowns.
Between the legal troubles and a weak housing market, I don't foresee any relief for Zillow's investors in the coming years. Sure, the stock is below $28 per share, but it may still be a costly investment. I don't believe it's worth buying right now, not until management can prove there's a clear path to profitability and sustainability.
Catie Hogan has no position in any of the stocks mentioned. The Motley Fool recommends Zillow Group. The Motley Fool has a disclosure policy.
Eli Lilly rozšířila spolupráci s Gate Bioscience o jeden cíl a získala opci na druhý; podmíněné platby mohou při splnění milníků přesáhnout 870 milionů USD.
Only part of the headline value is committed; most payments require research, clinical or commercial milestones. Summary
Lilly added discovery options without assuming an immediate $870 million expense.
Eli Lilly LLY, the medicines and metabolic-disease company, expanded its drug-discovery partnership with Gate Bioscience, with shares up approximately 3.6% at 11.44am EST to $1,200.23 on October 7, 2026. The target: proteins that have proved tough for conventional medicines to tackle. The valuation picture shows shares sitting 23.49% below the roughly $1,570 GF Value estimate, suggesting potential upside if the assumptions behind that estimate hold.
The expanded agreement adds one target and gives Lilly an option to pursue a second. Potential payments could exceed $870 million if the specified milestones are met. Gate gets an undisclosed upfront payment plus research funding. Lilly gets worldwide development and commercialization rights for selected programs. That headline number is a conditional payout ceiling, not cash already spent.
For Lilly, the appeal is a wider hunting ground for new medicines. But more targets do not automatically mean more successful drugs. The programs still need to clear candidate selection, preclinical testing and eventually human trials. Investors should watch what emerges from the lab: a promising candidate would say far more about the partnership's value than its maximum deal size.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Tržby Broadcomu z AI čipů vzrostly v posledním čtvrtletí o 221 % na 16,7 miliardy USD. Společnost očekává, že se ve fiskálním roce 2027 zdvojnásobí na 115 miliard USD.
For years, graphics processing units (GPUs) have been the dominant processor for artificial intelligence (AI). That's because GPUs are great at training AI and helping it perform a wide array of tasks.
But lately, there's been a shift toward custom processors, called application-specific integrated circuits (ASICs). These custom processors can be designed for specific AI models or specific agentic tasks, making them more cost-efficient and faster than using GPUs for all AI tasks.
According to Cathie Wood's Ark Invest, custom processors could account for more than one-third of AI compute by 2030, up from single-digit percentages today. And analysts at Omdia predict custom ASICs will exceed GPU volumes by 2028.
One of the best ways to tap into this rapidly expanding market is by owning shares of Broadcom (AVGO -0.60%). Here's how Broadcom is benefiting from this AI supercycle.
Image source: The Motley Fool.
AI leaders are lining up to buy Broadcom's custom chips Custom AI silicon isn't exactly a new idea. Alphabet's Google has had its own Tensor Processing Units (TPUs) for more than a decade now. But even Google is ramping up its use of the processors, and other tech giants are jumping on board, too.
Alphabet recently signed a multi-year deal for Broadcom to design TPUs that will run and train its Google Gemini frontier AI model. Alphabet is Broadcom's largest customer, and the tech giant's purchase of custom processors accounted for an estimated $13 billion of Broadcom's 2025 sales.
Meta Platforms is another important customer, with Broadcom designing the company's Meta Training and Inference Accelerator (MTIA) chips. AI has become increasingly important for Meta, as the company just launched its popular Muse agent app, which can autonomously shop online for users, book trips, and manage daily tasks. Muse shot to the top of Apple's U.S. App Store last month, indicating that consumers are eager for personal AI agents.
OpenAI jumped on the custom AI processor bandwagon this year by hiring Broadcom to design its Jalapeno processor, which it describes as an "LLM-optimized inference chip" that makes AI faster and more reliable. The first of the new processors will be deployed in data centers by the end of this year, with a ramp-up in 2027 and 2028.
And Anthropic has been a Broadcom customer for at least a couple of years, purchasing custom processors from the company valued at tens of billions of dollars. The two companies recently expanded their relationship with Broadcom, agreeing to lend Anthropic up to $42 billion to expand its artificial intelligence data center infrastructure investments.
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Broadcom's growth is impressive by any metric It's one thing to see a company sign a slew of new deals, but it's even more impressive to see its sales and earnings accelerate as its customers keep coming back.
Broadcom's AI semiconductor revenue rose 221% to $16.7 billion in the most recent quarter, and managers are guiding for AI sales to double in fiscal 2027 to $115 billion. Even more shocking is that CEO Hock Tan has already said that AI revenue will double again in 2028, reaching $230 billion.
Tan also said that his company is on target to exceed $30 in earnings per share in fiscal 2018 -- a sixfold increase from fiscal 2025. With demand for custom processors already ramping up and the broader chip market expanding over the next few years, there's little doubt that Broadcom will continue benefiting from this trend.
The company will hold an estimated 60% of the custom AI processor market in 2027, and it's proven to be a reliable partner for the world's leading tech companies. If Broadcom continues on this path, and there's no reason to believe it won't, owning Broadcom shares is one of the best ways to tap into this accelerating AI supercycle.
Společnost Charles Schwab se dohodla na prodeji Forge Trust společnosti Alto s cílem zjednodušit své aktivity na soukromých trzích; finanční podmínky nebyly zveřejněny.
Key Takeaways Schwab will sell Forge Trust to Alto, refining its private-market operations after acquiring Forge Global.The sale lets SCHW retain private market exposure through Forge Global while shedding specialized IRA custody.Rising expenses and a premium valuation remain key risks as Schwab optimizes its business portfolio. The Charles Schwab Corporation (SCHW - Free Report) is sharpening its strategic focus. It has agreed to sell Forge Trust Co. and its parent company, Forge Services Inc., to Alto, a technology-led platform connecting retirement capital with private markets. The transaction is subject to approval by the South Dakota Division of Banking. The financial terms have not been disclosed. The deal is expected to simplify Schwab’s private market operations.
Forge Trust is a South Dakota-based chartered self-directed Individual Retirement Account (IRA) custodian with more than 40 years of operating history. It specializes in custody of alternative assets, including private stock, private equity, real estate, private placements, promissory notes and precious metals. Forge Trust is a subsidiary of Forge Global, which Schwab acquired in March 2026.
Per the deal, Alto will add Forge Trust’s alternative asset capabilities, account types and established client and partner relationships to its existing custody and investment infrastructure. On the other hand, the divestiture will allow Schwab to focus on the parts of the Forge Global business that complement its broader private-market strategy.
Per the Preqin Releases Private Markets in 2030 Report released last October, the broader private-markets opportunity remains significant, with global alternative assets under management expected to approach $32 trillion by 2030. Additionally, a statistical report from the Investment Company Institute mentioned that more than $19.9 trillion currently sits in IRAs, representing a substantial pool of retirement capital that could potentially be directed toward alternative investments.
For Schwab, the Forge Trust sale therefore represents a portfolio adjustment rather than a retreat from the private markets business. The company will maintain its private market exposure through Forge Global while avoiding the need to operate a specialized self-directed IRA custody platform.
Our Take on Schwab’s Business Streamlining PlanSchwab’s planned sale of Forge Trust to Alto is strategically positive, allowing the company to refine its private-market operations only months after acquiring Forge Global. The deal’s financial impact remains uncertain, but the transaction fits Schwab’s broader focus on optimizing its business portfolio. Continued client-asset growth and earnings momentum support the long-term outlook, although elevated expenses and premium valuation remain key risks.
Over the past six months, shares of Schwab have risen 0.1%, underperforming the industry’s 5.6% growth.
6-Month Price Performance
Image Source: Zacks Investment Research
At present, Schwab carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Similar Steps Taken by Other Financial FirmsIn the previous month, Truist Financial Corporation (TFC - Free Report) exited the near-prime auto lending business by selling $5.5 billion of loans tied to its Regional Acceptance Corporation (RAC) subsidiary. The move was part of new CEO Mike Lyons’ broader strategic review to reduce exposure to businesses that do not align with Truist’s strategic priorities or profitability goals and redirect resources toward core, higher-return franchises.
The transaction is expected to generate $5.2 billion of net proceeds and a $535 million loan-loss reserve recapture. The sale is also projected to create approximately $945 million, or 22 basis points (bps), of Common Equity Tier 1 (CET1) capital, while reducing non-performing loans and annualized net charge-offs by roughly 10 bps each.
Likewise, HSBC Holdings plc (HSBC - Free Report) is winding down its transaction services business in Germany, affecting approximately 320 positions by 2028. The move is part of the company’s broader simplification strategy to reduce exposure to lower-priority operations and redirect resources toward core franchises and higher-growth markets.
The restructuring affects around 300 positions at HSBC Transaction Services GmbH and 20 at HSBC Service Company Germany GmbH. The business provides securities processing, administration, and custody services. HSBC’s earlier exit from private banking in Germany and planned carve-out of custody and fund administration businesses reduced domestic processing volumes supporting the operation.
Společnosti General Dynamics Land Systems a Primordial Labs integrují software Anura pro hlasové ovládání systémů bojových vozidel, včetně tanku Abrams.
, /PRNewswire/ -- General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), and Primordial Labs today announced a master teaming agreement to bring natural language command and control to ground combat vehicles.
The collaboration pairs GDLS's expertise in combat vehicle design and integration with Anura, Primordial Labs' Natural Language Command and Control (NLC2) software, enabling crews to direct on-board vehicle systems by simply stating their goals, objectives and constraints for what they want accomplished.
General Dynamics Land Systems and Primordial Labs Inc. team to bring natural language command and control to ground combat vehicles Through this partnership, Primordial Labs will expand the integration of Anura across vehicles in the General Dynamics Land Systems portfolio. Rather than navigating menus and manual controls for every task, crews can express their intent via natural language and let Anura carry out actions through interaction with relevant on-board subsystems such as sensors, displays, communications and uncrewed systems that would otherwise require dedicated operator stations. Because Anura runs entirely at the edge with no cloud reachback, these capabilities remain available in contested, communications-denied environments.
Historically, every new capability added to a combat vehicle has meant a new control scheme, more training and increased load on the crew. Anura breaks that cycle: one interface absorbs each new subsystem or software update as it's integrated, letting the Army and Marine Corps field new technology across platforms at the pace it is developed.
"Our customer has made it very clear that the formations of the future are dynamic. Platforms are increasingly software-defined and incorporate advanced on-board and off-board robotics. The Army has a need for any soldier, in any formation, to intuitively control any system. We built Anura to help our customers realize this vision through reduced cognitive, physical, and training burden," said Lee Ritholtz, CEO of Primordial Labs. "Anura is the interface that empowers a small armored crew to seamlessly interact with everything from on-board mission systems to uncrewed teammates. Partnering with GDLS puts Anura on the platforms that define America's armored force. Together, we're delivering the dynamic formations the Army and Marine Corps need."
"We see natural-language control as a critical enabler of greater lethality with a smaller crew size, reduced physical workloads and increased cognitive performance for maneuver combat teams," said Keith Barclay, vice president and general manager of U.S. operations at General Dynamics Land Systems. "Our partnership with Primordial Labs and the integration of Anura onto platforms such as the Abrams tank and our next-generation combat vehicles are about giving any soldier, in any formation, the ability to intuitively command complex systems. Together, we are transforming combat vehicles into adaptable, AI-enabled teammates and delivering the human‑machine collaboration our customers need."
About Primordial Labs
Primordial Labs is building the next-generation human-machine interface, Anura, to empower the warfighter to dynamically collaborate with crewed and uncrewed systems. Anura blends intent-based natural language understanding with platform-agnostic autonomy to make orchestrating military systems as easy as talking to a human teammate. Learn more at www.primordial-labs.com.
About General Dynamics Land Systems
General Dynamics Land Systems provides innovative design, engineering, technology, production and full life-cycle support for land combat vehicles around the globe. The company's extensive experience, customer-first focus and seasoned supply chain network provide unmatched capabilities to the U.S. military and its allies. More information about General Dynamics Land Systems is available at www.gdls.com.
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced a $70 million investment to expand its aerospace transparencies site in Huntsville, Alabama. The investment is part of a series of multi-year projects that support the company’s ongoing efforts to increase production capacity and continued growth of PPG’s aerospace transparencies business.
“Demand for aerospace transparencies continues to grow across commercial, military and general aviation markets,” said Francois Buehlmann, PPG general manager, global transparencies, Aerospace. “This expansion increases our operational efficiency, provides room for future equipment investments and reinforces our long-term commitment to serving customers and investing in Huntsville.”
The expansion includes the lease and build-out of a new 112,000-square-foot facility that will house production support functions, enabling additional manufacturing space at PPG's existing aerospace transparencies facility. The ongoing projects enhance the company's ability to meet growing customer demand for aircraft cockpit windows and passenger windows while positioning the site for future growth.
“Huntsville is recognized globally for innovation and leadership in aerospace,” said Buehlmann. “We are proud to continue investing in this community and look forward to growing alongside the region's dynamic aerospace network.”
The company has operated its aerospace transparencies manufacturing facility in Huntsville for more than 55 years. PPG's aerospace business supplies coatings, sealants, transparencies, engineered materials and related services to commercial, regional, general aviation and military customers worldwide.
PPG: WE PROTECT AND BEAUTIFY THE WORLD®
At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we market and sell in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.
The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
Sysco očekává ve fiskálním roce 2027 díky technologiím a AI úspory nákladů ve výši 100 mil. USD; identifikované iniciativy mají roční potenciál přibližně 160 mil. USD.
Key Takeaways Sysco expects $100M in fiscal 2027 cost savings, with a roughly $160M run-rate from identified initiatives.AI, routing software and forecasting tools aim to improve margins, delivery, working capital and productivity.Sysco's tech savings should begin late in the fiscal first quarter and be weighted toward the second half. Sysco Corporation (SYY - Free Report) is advancing a broad technology and artificial intelligence transformation centered on lowering structural costs and improving operating efficiency. For fiscal 2027, Sysco expects about $100 million of in-year cost savings, net of investment, with a run-rate cost-out of roughly $160 million from work already identified. The $100 million target includes about $55 million in incremental benefits announced with the fourth-quarter fiscal 2026 update and about $45 million in carryover benefits from initiatives deployed in the fiscal third quarter.
The savings program spans revenue growth and sales productivity, margin expansion, supply-chain and working-capital optimization, warehouse labor and delivery intelligence, customer experience, back-office functions and enterprise technology operations. The $100 million of tech-related savings is expected to begin toward the end of the first quarter of fiscal 2027 and be weighted toward the second half.
Several projects show where the savings are expected to come from. Technology aimed at improving fill rates and inventory forecasting accuracy is designed to support working capital. Reverse-auction tools are being applied to indirect spending across supplies, fleet and warehouse operations, allowing Sysco to address a broader range of indirect expenses more efficiently as deployment ramps through fiscal 2027. Routing software upgrades are intended to reduce miles driven while improving on-time delivery. Coding tools are also being used to improve technology productivity, while AI is being applied to contract bidding and contract-performance tracking to reduce potential leakage.
The current $160 million run-rate figure covers only identified initiatives, while additional sources of value continue to emerge. Management expects the savings opportunity to increase over time as additional projects and sources of value are identified.
SYY’s Zacks Rank & Share Price PerformanceShares of this Zacks Rank #3 (Hold) company have fallen 8.4% in the past three months compared with the industry and the broader Consumer Staples sector’s decline of 7% and 5.8%, respectively. SYY also underperformed the S&P 500 index’s growth of 2.8% during the same period.
SYY Stock's Past Three Months Performance
Image Source: Zacks Investment Research
Is Sysco a Value Play Stock?Sysco currently trades at a forward 12-month P/E ratio of 14.95 compared with the industry average of 13.47. This valuation places the stock at a premium relative to peers, indicating broader market expectations around its business stability and ability to navigate current cost and demand dynamics.
SYY Valuation Picture
Image Source: Zacks Investment Research
Stocks to ConsiderThe Chefs' Warehouse, Inc. (CHEF - Free Report) distributes specialty food and center-of-the-plate products in the United States, the Middle East and Canada. At present, CHEF flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for Chefs' Warehouse’s current fiscal-year sales and earnings implies growth of 10.8% and 33.7%, respectively, from the year-ago reported figures. Chefs' Warehouse delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Mama's Creations, Inc. (MAMA - Free Report) manufactures and markets fresh deli-prepared foods in the United States. At present, MAMA holds a Zacks Rank of 2 (Buy). Mama's Creations delivered a trailing four-quarter earnings surprise of 121.7%, on average.
The consensus estimate for Mama's Creations’ current fiscal-year sales and earnings implies growth of 30.3% and 66.7%, respectively, from the year-ago figures.
Utz Brands (UTZ - Free Report) engages in the manufacture, marketing and distribution of snack foods in the United States. It presently carries a Zacks Rank of 2. UTZ delivered a trailing four-quarter earnings surprise of 1.8%, on average.
The Zacks Consensus Estimate for Utz Brands’ current financial-year sales indicates growth of 3.7% from the year-ago numbers.
CrowdStrike rozšířil globální startupový akcelerátor s AWS a NVIDIA, aby podpořil integrace kolem platformy Falcon; program však nezahrnuje žádný přímý závazek k vytvoření tržeb.
The accelerator can generate integrations and investments, but CrowdStrike disclosed no direct revenue commitment. Summary
CrowdStrike is cultivating future platform demand before those startups become material customers.
CrowdStrike CRWD, the cloud-cybersecurity platform, expanded its global startup accelerator with Amazon Web Services and Nvidia, while shares fell approximately 3.4% at 11.10am to $269.38 on Oct. 7. The partnership gives young security companies more ways to build products around Falcon and reach enterprise buyers. For investors, the opportunity is straightforward: more useful applications could give customers more reasons to spend on CrowdStrike's platform.
The company outlined an eight-week program offering Falcon Foundry tools, APIs and opportunities for verified integrations and Marketplace listings. Up to ten startups will advance to pitch at RSAC 2027, with standout participants potentially considered for Falcon Fund investment. CrowdStrike says earlier cohorts supported more than 90 startups that collectively raised nearly $1 billion. That money went to participating companies; it is not CrowdStrike revenue.
The valuation leaves little room for weak execution: the shares sit 95.17% above the chart's $138.02 GF Value estimate. Bringing outside developers into Falcon could broaden its capabilities without requiring CrowdStrike to build every tool itself. But an accelerator announcement does not establish a recurring-revenue stream. The financial payoff depends on startups delivering products customers actually buy—and those purchases strengthening Falcon adoption. More participants help fill the pipeline. Paying customers make it valuable.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Akcie společnosti Plug Power klesly na 1,77 USD, nejnižší úroveň od března, navzdory růstu tržeb na 178,2 mil. USD a výhledu kladného ukazatele EBITDA ve čtvrtém čtvrtletí.
Buy PLUG. The news is real: strategic Arcadia eFuels preferred electrolyzer supplier for 1 GW projects, plus a 1 MW shipment, and improving fundamentals (gross margin at break-even, net loss narrowing, revenue up, and guidance for positive EBITDA in Q4). The stock is priced for failure after a steep drawdown to ~$1.77 and breaking key support ($1.87), creating a high-upside rebound if execution holds.
Key Risk: They miss the Q4 profitability/EBITDA timeline and burn cash again, forcing dilution despite the “avoid dilution” plan.
Short PLUG (bearish momentum)
Sell/short PLUG. Even with progress, the market is still in control: heavy short interest (~21%), price below 50/100-day EMAs and Supertrend, and it already broke $1.87 support. If sentiment stays negative, it can grind lower toward $1.50 as technical selling accelerates.
Key Risk: A clear, credible funding/liquidity win (monetizing assets on good terms) plus a sharp earnings/guidance beat triggers a short-covering rally that snaps the downtrend.
Plug Power stock continued its strong downward trend, reaching its lowest level since March this year, continuing a downward trend that started in June when it reached a high of $4.31. It dropped to $1.77, with its valuation falling from $5.7 billion to the current $2.46 billion. So, will the sell-off continue or is it safe to buy the dip?
PLUG stock has been in a strong downward trend even after the company made some strong progress. For example, in a statement last week, the company entered a strategic cooperation agreement with Arcadia eFuels, positioning it as the preferred electrolyzer supplier for its 1 GW projects in Europe and the Americas.
According to the deal, 280 MW of its GenEco electrolyzers will produce hydrogen for its large project in Vordingborg, Denmark. In addition, the company recently announced the shipment of a 1 MW GenEco PEM electrolyzer to HWR Hydrogen, a division of H.W. Richardson Group, expanding its solutions across New Zealand and Australia.
These new developments came after the company published encouraging financial results. Its revenue rose to $178.2 million from $173.9 million in the same period last year. Consequently, its six-month revenue of $341.8 million was higher than the $307 million it made a year earlier.
Most of Plug Power’s revenue came from its sale of equipment,and was followed by the revenue it delivered to customers. The other divisions, like services and power purchase agreements also did relatively well.
Most importantly, the company is making progress in its journey to achieve profitability. Its gross margin reached the break-even point. The gross loss was a $1.67 million, a big improvement from the $53.4 million it lost last year. Plug Power’s net loss of $190 million was better than the $228 million that it lost a year earlier.
The company also boosted its forward guidance. It expects that its full-year revenue will grow by between 15% and 16% and that it will achieve a positive EBITDAS in the fourth quarter. It also plans to strengthen its liquidity position by avoiding dilution. For example, it aims to monetize its data center business and has already sold its Graham plant.
Despite this progress, many investors are unconvinced, with the short interest rising to 21%. This makes it one of the most heavily shorted companies in the industrial sector.
Plug Power stock chart | Source: TradingView
The daily chart shows that the PLUG stock price has continued its strong downward trend this month. It plunged to $1.76, its lowest level since March this year.
Plug has already dropped below the important support level of $1.87, its lowest level in July this year. It also moved below the lower side of the bearish flag pattern that we noted in our previous report.
Plug Power remains below the 50-day and 100-day Exponential Moving Averages (EMA) and the Supertrend indicator. Therefore, the most likely scenario is where it continues falling, potentially to the psychological level of $1.50.
