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Dr. Stephen Hoge, President of Moderna, to Assume an Expanded Role With Operational Oversight of the Company's Infectious Disease, Intismeran and Rare Disease Franchises

Ester Banque to Join Moderna as Chief Commercial Officer

CAMBRIDGE, MA / ACCESS Newswire / June 16, 2026 / Moderna, Inc. (NASDAQ:MRNA) today announced changes to its operating model to support its short- and long-term business goals.

As Moderna executes its long-range plan to become a diversified, multi-modality biotechnology company, the Company is preparing to manage three commercial franchises while advancing a broad mRNA pipeline and investing in Moderna research and early development (mRED). Building on strong momentum in its infectious disease vaccine business with four approved products, Moderna is anticipating the potential launch of up to three new products in 2027 and 2028, including flu plus COVID combination, seasonal flu and norovirus vaccines. At the same time, the Company expects important clinical milestones this year, including potential pivotal data readouts for its investigational individualized neoantigen therapy (Intismeran autogene) and rare genetic disease propionic acidemia therapeutic, which could support the possible launch of its first oncology and rare disease products.

To support this next phase of growth, Stephen Hoge, M.D., President of Moderna, will assume oversight of operational and cross-functional leadership across Research & Development, Manufacturing and Commercial for the Company's three franchises. In this expanded role, Dr. Hoge will help ensure strategic alignment across the business, strengthen enterprise execution, and accelerate Moderna's ability to deliver innovative medicines to patients around the world.

As part of this evolution, Ester Banque has been appointed as the Company's Chief Commercial Officer, effective June 15, 2026. In this role, she will focus on continuing to build out Moderna's global commercial organization, leading execution across product launches, and expanding the Company's presence in new markets. Ms. Banque will serve on Moderna's Executive Committee and report to Chief Executive Officer Stéphane Bancel.

"As we execute on our strategic plan and prepare to manage three commercial franchises spanning infectious diseases, intismeran and rare diseases, it is critical that we continue to strengthen our operating model," said Stéphane Bancel, Chief Executive Officer of Moderna. "As President, Stephen has played a central role in shaping Moderna's strategy and advancing our pipeline, and his expanded responsibilities will help ensure strong operational execution as we prepare for multiple potential product launches and important late-stage clinical milestones. To support this next phase of growth, we are excited to welcome Ester to Moderna as Chief Commercial Officer. Her deep global commercial experience will be essential as we continue to build our commercial capabilities, launch new products and expand into new markets."

Most recently, Ms. Banque served as Executive Vice President and President, U.S. Operations at Zoetis, where she led the company's largest market and was responsible for its U.S. commercial operations, driving growth across key franchises while helping shape the market for future innovation. Prior to Zoetis, Ms. Banque served as Senior Vice President and General Manager of Bristol Myers Squibb's U.S. Hematology & Cell Therapy Business, where she accelerated the launch of five new products. Before joining Bristol Myers Squibb, Ms. Banque spent 25 years at Novartis, holding leadership roles of increasing responsibility across multiple therapeutic areas and geographies. During her tenure, she led the global and U.S. commercialization of one of the most successful launches in the company's history, and later served as General Manager, Oncology, Germany.

"I am proud to join Moderna at such an exciting time in the company's journey," said Ms. Banque. "Throughout my career, I have been driven by a passion for helping bring innovative medicines to patients, and I have long admired what Moderna has accomplished in advancing a new class of medicines through its mRNA platform. I believe deeply in the potential of the company's science and innovation, and I have been equally impressed by the talent, passion and commitment of its people. I look forward to partnering with teams across Moderna to help deliver on the promise of mRNA medicines for patients everywhere."

Ms. Banque received a Bachelor of Science in Chemistry at Universitat Autónoma Barcelona and Master of Business Administration at Universitat Pompeu Fabra in Spain.

"I am thrilled to take on this expanded role while partnering with Ester, the rest of the Executive Committee, and our talented team as we prepare to manage three commercial franchises," said Stephen Hoge, M.D., President of Moderna. "Our commercial team has built a solid foundation and demonstrated strong execution as we have expanded our portfolio globally. As our intismeran and rare disease franchises advance toward commercialization, Ester's experience leading launches and scaling organizations will help us build on that momentum."

While Moderna prepares for multiple potential product launches across its franchises, the Company will continue to invest in mRED, its innovation engine focused on advancing new modalities through clinical proof of concept and creating the next wave of growth beyond its current portfolio.

About Moderna

Moderna is a pioneer and leader in the field of mRNA medicine. Through the advancement of its technology platform, Moderna is reimagining how medicines are made to transform how we treat and prevent diseases. Since its founding, Moderna's mRNA platform has enabled the development of vaccines and therapeutics across infectious diseases, cancer, rare diseases and more.

With a global team and a unique culture, driven by the company's values and mindsets, Moderna's mission is to deliver the greatest possible impact to people through mRNA medicines. For more information about Moderna, please visit modernatx.com and connect with us on X, Facebook, Instagram, YouTube and LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding: anticipated product launches in 2027 and 2028; Moderna's ability to execute its long-range plan; anticipated clinical milestones, including potential pivotal data readouts for intismeran and propionic acidemia; possible launches of oncology and rare disease products; Moderna's global commercial organization and ability to expand in new markets; and Moderna's investments in mRED. In some cases, forward-looking statements can be identified by terminology such as "will," "may," "should," "could," "expects," "intends," "plans," "aims," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are neither promises nor guarantees, and you should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, many of which are beyond Moderna's control and which could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors include, among others, those risks and uncertainties described under the heading "Risk Factors" in Moderna's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (SEC), and in subsequent filings made by Moderna with the SEC, which are available on the SEC's website at www.sec.gov. Except as required by law, Moderna disclaims any intention or responsibility for updating or revising any forward-looking statements contained in this press release in the event of new information, future developments or otherwise. These forward-looking statements are based on Moderna's current expectations and speak only as of the date of this press release.

Moderna Contacts

Media:
Chris Ridley
Vice President, Global Head of Communications
+1 617-800-3651
[email protected]

Investors:
Lavina Talukdar
Senior Vice President & Head of Investor Relations
+1 617-209-5834
[email protected]

SOURCE: Moderna, Inc.

A sign marks the offices of Moderna in Cambridge, Massachusetts, U.S., July 22, 2025. REUTERS/Brian Snyder/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesFDA's advisory committee will vote on June 18 whether mFlusiva benefits outweigh risks in older adultsModerna seeks accelerated approval of mFlusiva for adults 65 and olderIf approved, mFlusiva will be first mRNA-based seasonal flu shot in USJune 16 (Reuters) - U.S. Food and ‌Drug Administration staff reviewers said on Tuesday data demonstrating an immune response to Moderna's (MRNA.O), opens new tab flu shot may support effectiveness in adults 65 years and older, sending its shares up 6%.

Moderna's shot, mFlusiva, also showed superior relative vaccine efficacy versus a standard-dose flu vaccine in adults aged 50 to 64, they said ​in briefing documents published ahead of a meeting of the regulator's independent advisers on Thursday.

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The panel will vote ​on whether the benefits of mFlusiva outweigh the risks in adults 50 years and older.

FDA ⁠staff noted that Moderna's application for adults 65 and older mainly rests on immunogenicity data against a standard-dose vaccine rather ​than CDC-preferred high dose shots for older adults.

The assessment follows an unusually public clash between Moderna and the FDA, under ​the leadership of former commissioner Marty Makary. The regulator initially rejected the company's flu vaccine application over trial design concerns and later reversed course after the company agreed to amend its application.

Senior FDA officials had then said Moderna put patients at risk by not giving the preferred higher-dose flu ​vaccine to patients 65 and over as the control arm in its clinical trial.

Under the leadership of Makary and vaccine ​skeptic Health Secretary Robert F. Kennedy Jr., the FDA had shifted its approach to vaccine oversight. Kennedy and Makary have been particularly ‌critical of ⁠mRNA vaccines.

The assessment highlights "a change in response to this specific application from a few months ago and let us hope more generally with respect to vaccines," said former FDA chief scientist Jesse Goodman.

Jefferies analyst Andrew Tsai said the assessment looks favorable, and that he expects $750 million of U.S. flu and COVID-flu combo vaccine sales by 2030.

FDA staff said Moderna's data had limitations ​that the committee should consider. ​They include the fact that ⁠the vaccine has only been studied during one influenza season and that because immunocompromised people and very frail older adults were excluded from trials, it is not clear that the ​vaccine is effective in this high-risk group.

Staff raised the idea that the group may respond ​differently to an ⁠mRNA-based vaccine, without providing further information.

Moderna has agreed to run an additional study and submit more data in adults 65 and older if they get approval for that age group.

Moderna is seeking a traditional approval of mFlusiva for adults 50 to 64 ⁠years old, ​and an accelerated approval for adults 65 and older.

If approved, mFlusiva would ​be the first mRNA-based seasonal flu vaccine in the U.S., with a decision expected by August 5.

Moderna did not immediately respond to a Reuters request ​for comment.

Reporting by Christy Santhosh, Mariam Sunny in Bengaluru, Michael Erman in New York; Editing by Shilpi Majumdar and Devika Syamnath

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A man walks across the logo of Intel at the ongoing India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. REUTERS/Anushree Fadnavis/File... Purchase Licensing Rights, opens new tab Read more

SAN FRANCISCO, June 15 (Reuters) - Cornelis, an Intel (INTC.O), opens new tab spinout developing networking technology aimed at data centers, on Tuesday said ​that its chips are now being used by a ‌U.S. supercomputer used for nuclear weapons work.

Under the National Nuclear Security Administration, a trio of U.S. national labs works to develop and maintain ​the nation's nuclear weapons with extremely accurate computer ​simulations of nuclear reactions, one of the most demanding tasks ⁠in the entire computing industry. Lawrence Livermore National Laboratory said ​Tuesday that it has tapped Cornelis chips to connect 952 ​computers in its new "Lynx" system.

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The Lynx system is part of a $70 million program at the three labs, opens new tab to build workhorse supercomputers out of ​standard, off-the-shelf components from the computing industry.

Cornelis, which spun out ​of Intel in 2020 and in which the chipmaker remains a minority ‌shareholder, ⁠is developing a networking technology called Omni-Path that seeks to challenge rival networking chips from Nvidia (NVDA.O), opens new tab, Broadcom (AVGO.O), opens new tab for applications where a computing problem is so large that it must be spread ​out over many ​different computers.

One ⁠of the features of Cornelis chips is traffic routing technology that, for example, recognizes when ​it may be faster to send data to ​a ⁠computer that's further away if all nearby computers are clogged with network traffic.

"You might drive a mile longer, but you get ⁠there ​10 minutes faster because you avoided the ​stadium traffic from the FIFA World Cup," said Lisa Spelman, CEO of ​Cornelis.

Reporting by Stephen Nellis in San Francisco; Editing by Kim Coghill

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Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are down 7% at midday on Tuesday, while Advanced Micro Devices (NASDAQ:AMD) stock is sliding 6%. The pullback comes after a torrid multi-session rally in both names.

Intel stock closed yesterday at $127.86, having climbed 18% over the past month. AMD stock ended Monday at $547.26, an all-time high.

No fresh negative catalyst is driving the slide. Today looks like a routine consolidation after a vertical move.

Profit-Taking, Not Fundamentals The irony is hard to miss for Intel. The chipmaker received a Bank of America (NYSE:BAC) double upgrade to Buy from Underperform last week, with the price target lifted to $135 from $96, citing CPU and foundry growth plus an agentic-AI opportunity. Yet, Intel stock is among the worst performers in the group today.

The fundamentals supporting the rally remain intact. Intel’s Q1 FY2026 results showed non-GAAP EPS of $0.29 versus the $0.0127 estimate and revenue of $13.58 billion, with the Data Center and AI segment up 22% year over year to $5.05 billion. Intel CEO Lip-Bu Tan framed the agentic-AI shift as “significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings.”

For AMD, today’s headline catalyst was actually positive. The company secured a new AI infrastructure agreement with Rackspace, building on a Q1 FY2026 print that delivered revenue of $10.25 billion, up 38% year over year, and Data Center sales of $5.78 billion, up 57%. Advanced Micro Devices CEO Lisa Su recently described AI infrastructure demand as “accelerating,” with MI450 Series customer forecasts exceeding initial expectations.

Reddit sentiment is reinforcing the breather thesis. Intel sentiment on r/WallStreetBets has cooled from a very bullish 82 on June 12 to a neutral 48 by June 15, with the narrative shifting toward a r/investing thread titled “redistribute Intel stock or hold?” That tonal shift aligns with the price action seen midday.

Possible Rotation Into Storage and Space Rackspace Technology (NASDAQ:RXT) stock is benefitting directly from the AMD partnership and trades at $6.49, up 10% today. The non-binding MOU with AMD positions Rackspace as an enterprise AI infrastructure beneficiary.

Some capital may also be rotating into adjacent AI infrastructure names. Western Digital (NASDAQ:WDC) stock is up 3% today and now sits near $670, extending a 39% one-month gain. The storage maker’s fiscal Q3 2026 results showed non-GAAP EPS of $2.72 versus $2.39 estimates and a 20% dividend hike to $0.15 per share, with CEO Irving Tan noting that “virtually every AI workload creates data that is stored persistently and cost-efficiently on HDDs.”

Freshly listed SpaceX (NASDAQ:SPCX) stock is also drawing attention, trading up 9% to $210. SPCX shares have climbed since their debut, and options trading on the name is launching today. Whether capital is flowing directly from Intel and AMD into Western Digital or SpaceX is not confirmed, so investors can treat the rotation angle as a possible contributing factor rather than a proven cause.

What to Watch Into the Close The key question is whether the buyers will step back in. Both Intel and AMD remain dramatically higher than where they started the year, with Intel stock up 226% year to date and AMD stock up 144%.

Investors can watch for whether INTC stock holds $115 and whether AMD reclaims $520. A clean close above yesterday’s levels would suggest that the dip was simply digestion.

Position sizing matters more than ever after a run like this, and traders should manage their risk throughout the week. The next directional cue may arrive with tomorrow’s macro data and any follow-on commentary from sell-side desks on the Rackspace deal.

SANTA CLARA, Calif.--(BUSINESS WIRE)--At the 2026 VLSI Symposium, Intel Foundry provided an update on its process roadmap and long-term innovation investments. It shared that Intel 18A-P, the first performance enhancement in the Intel 18A family, has entered risk production, meeting the timeline first shared with customers and partners last year.

“Our updates and presentations at VLSI signal to Intel Foundry customers and partners that we are fully committed to leading edge process innovation over the long term,” said Naga Chandrasekaran, executive vice president and general manager of Intel Foundry. “This is a journey, and while we have more work ahead, we appreciate the opportunity to share the progress we are making with Intel 18A-P and our longer-range R&D.”

Intel 18A-P updates at VLSI

Intel Foundry enables Intel 18A-P performance, power and design benefits through a mix of transistor, interconnect, and design-technology co-optimizations. At VLSI, engineers from Intel Foundry detailed the following advancements:

Intel 18A-P delivers 9% higher performance at iso-power or 18% lower power at iso-performance compared to Intel 18A, alongside enhanced thermal characteristics and expanded design flexibility.Unveiled Power Boost, Intel 18A-P’s new dual contact, low resistance transistor option enabling increased drive current and greater frequency at matched capacitance.20-40% improved thermal resistance through both materials and design innovations.10-30% improved via resistance (referring to the vertical connections between the layers of a chip) using geometric and materials optimizations.Mobility enhancement through PMOS via strain engineering, letting current move through the transistor more efficiently.New low power and high-performance transistor options.New fifth logic Vt pair between ULVT and LVT (an additional fifth Vt option for designers to balance speed and power).Intel 18A-P is fully design rule compatible with Intel 18A, enabling straightforward reuse of existing IP and design flows.Similar to Intel 18A, Intel 18A-P offers two cell heights (180nm and 160nm), a contacted poly pitch of 50nm.Additional updates at VLSI

Intel Foundry brought gate-all-around (GAA) transistors and backside power delivery (BSPD) to market last year with Intel 18A. This week, engineering teams discussed how these technologies provide the foundation for improved performance, energy efficiency and scaling for future logic designs:

In a VLSI invited talk, Intel Foundry Vice President and Fellow Eric Karl showed how the company is quantifying the advantages of backside power delivery and gate-all-around transistors. Karl discussed 11% routed area reduction and 10X dynamic voltage droop reduction, enabling up to 6% frequency uplift or greater than 15% dynamic power reduction versus a comparable frontside interconnect technology.Manju Shamanna from Intel Foundry’s Silicon and Platform Engineering group shared silicon results from CPU cores built on a gate-all-around and backside power delivery process. His research demonstrates stronger frequency scaling at lower voltages, including ~ 30% frequency improvement at low voltage (~0.5V), while also reducing IR drop and enabling more efficient operation.Future innovation at VLSI

Intel Foundry also presented long-term research updates at the event, across several areas important to future silicon scaling:

CFET (Complementary FET): Intel demonstrated monolithic CFET inverters with vertically stacked NMOS and PMOS devices at a 45nm gate pitch, advancing a path to continue logic scaling beyond gate all around transistors through vertical device architecture.GaN + Si integration for power management: Intel demonstrated 300mm monolithic integration of gallium nitride power devices with silicon logic, including a ~1,000 gate digital control block, enabling efficient, large scale digital control alongside high performance power devices in a single process and reducing system complexity.Subtractive ruthenium interconnect: Intel demonstrated subtractive ruthenium with airgap integration, achieving up to ~35% capacitance reduction and measurable frequency gains versus copper, pointing to a viable path for improved resistance capacitance scaling as interconnects continue to shrink.Learn more about Intel Foundry’s VLSI updates and presentations here.

Forward-Looking Statements

This release contains forward-looking statements that involve a number of risks and uncertainties. Words such as "accelerate", "achieve", "aim", "ambitions", "anticipate", "believe", "committed", "continue", "could", "designed", "estimate", "expect", "forecast", "future", "goals", "grow", "guidance", "intend", "likely", "may", "might", "milestones", "next generation", "objective", "on track", "opportunity", "outlook", "pending", "plan", "position", "possible", "potential", "predict", "progress", "ramp", "roadmap", "seek", "should", "strive", "targets", "to be", "upcoming", "will", "would", and variations of such words and similar expressions are intended to identify such forward-looking statements, which may include statements regarding:

Our Intel 18A-P process node and risk production of such node, including the performance, power and design benefits, competitiveness and technological advancements;Our research developments in CFET inverters, GaN + Si Integration and sRu interconnects.Such statements involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied, including those associated with:

the high level of competition and rapid technological change in our industry;the significant, long-term and inherently risky investments we are making in R&D and manufacturing facilities that may not realize a favorable return;the complexities and uncertainties in developing and implementing new semiconductor products and manufacturing process technologies;changes in product demand and margins;macroeconomic conditions and geopolitical tensions and conflicts, including geopolitical and trade tensions between the U.S. and China, tensions and conflict affecting Israel and the Middle East, rising tensions between mainland China and Taiwan and the impacts of Russia's war on Ukraine;recently elevated geopolitical tensions, volatility and uncertainty with respect to international trade policies, including tariffs and export controls, impacting our business, the markets in which we compete and the world economy;the evolving market for products with AI capabilities;our complex global supply chain supporting our manufacturing facilities and incorporating external foundries, including from disruptions, delays, trade tensions and conflicts, or shortages;product defects, errata and other product issues, particularly as we develop next-generation products and implement next-generation manufacturing process technologies; andother risks and uncertainties described in this report, our 2025 Form 10-K and our other filings with the SEC.Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business.

Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions or other business combinations that have not been completed as of the date of this filing. In addition, the forward-looking statements in this release are based on management's expectations as of the date of this release, unless an earlier date is specified, including expectations based on third-party information and projections that management believes to be reputable. We do not undertake, and expressly disclaim any duty, to update such statements, whether as a result of new information, new developments, or otherwise, except to the extent that disclosure may be required by law.

About Intel

Intel (Nasdaq: INTC) designs and manufactures advanced semiconductors that connect and power the modern world. Every day, our engineers create new technologies that enhance and shape the future of computing to enable new possibilities for every customer we serve. Learn more at intel.com.

© Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

The Intel logo, on display at HPE Discover Las Vegas 2026, in Las Vegas, Nevada, U.S., June 16, 2026. REUTERS/Caroline Brehman Purchase Licensing Rights, opens new tab

June 16 (Reuters) - Intel (INTC.O), opens new tab on Tuesday said the new generation of its 18A manufacturing process has entered ​risk production, as the chipmaker sees strong ‌demand for its central processors.

By moving 18A-P into initial production, Intel is aiming to show it is following ​through on its manufacturing commitments, potentially making ​the technology more appealing to external customers.

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Intel ⁠CEO Lip-Bu Tan has started recognizing 18A as ​a potential offering for external clients, reversing his ​earlier view that the process would generate returns only through Intel's own products, finance chief David Zinsner said in ​March.

Compared to 18A, 18A-P delivers 9% higher ​performance at the same power level — known as iso-power — or ‌18% ⁠lower power at the same processing speed, which is iso-performance, alongside improved thermals and design flexibility.

18A-P is fully design-rule-compatible with Intel 18A, which enables reuse ​of existing ​intellectual property ⁠and design flows, the company said.

Demand for Intel's central processors from firms ​offering AI services was so strong ​in ⁠the first quarter that it sold even chips it had originally written off.

It forecast second-quarter revenue of $13.8 ⁠billion ​to $14.8 billion, compared with an ​estimate of $13.07 billion, according to data compiled by LSEG.

Reporting by Juby ​Babu in Mexico City; Editing by Joyjeet Das

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SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE) — the global technology leader that unleashes creativity, productivity and customer experiences through innovative tools and platforms — and LinkedIn — the world's largest professional networking platform — today announced AI Essentials for Marketers, a joint global initiative designed to help marketing professionals develop the AI skills that matter most to their roles, so they can be equipped to lead their organizations in the AI era. Cre.

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Key Takeaways Shopify delivered 34% Q1 revenue growth to $3.17B, while GMV topped $100B for a second quarter.Sidekick usage rose fourfold year over year, with merchants creating over 12,000 custom apps.AI-driven traffic to Shopify stores grew eightfold, while AI-powered search orders rose nearly 13 times. Shopify (SHOP - Free Report) is increasingly positioning itself as more than an e-commerce platform. The company is building the infrastructure that could power AI-driven retail, combining its vast commerce data, merchant ecosystem and AI tools to make buying and selling more automated and efficient. Recent results suggest this strategy is gaining traction. Shopify delivered first-quarter 2026 revenue growth of 34% year over year to $3.17 billion while gross merchandise volume (GMV) surpassed $100 billion for the second consecutive quarter, reaching $101 billion.

A key pillar of Shopify’s AI strategy is Sidekick, its AI-powered commerce assistant. Management noted that weekly active shops using Sidekick increased fourfold year over year in the first quarter. Merchants created more than 12,000 custom apps through Sidekick during the quarter, while nearly half of all Shopify Flow automations were built using the tool. These trends suggest that merchants are increasingly relying on Shopify’s AI capabilities to manage and scale their businesses.

Shopify is also becoming an important bridge between merchants and emerging AI shopping channels. The company enables product discovery and purchases through platforms such as ChatGPT, Microsoft Copilot and Google AI services. Management highlighted that AI-driven traffic to Shopify stores grew eightfold year over year in the first quarter, while orders generated through AI-powered searches increased nearly 13 times. Traffic from Shopify’s structured product catalog converted at twice the rate of general AI search traffic, demonstrating the value of its commerce data advantage.

Importantly, Shopify continues to invest aggressively in AI while maintaining strong profitability. The company generated $476 million in free cash flow and a 15% free cash flow margin in the quarter. Management expects revenue growth in the high-20% range for the second quarter while continuing to expand AI capabilities.

With AI increasingly reshaping product discovery, marketing and commerce operations, Shopify appears well-positioned to become a foundational infrastructure provider for the next generation of retail.

How Shopify Compares in the AI Commerce RaceTwo companies often mentioned in discussions about AI-enabled commerce infrastructure are Amazon (AMZN - Free Report) and Wix.com (WIX - Free Report) . Both are investing heavily in AI, but their approaches differ from Shopify’s.

Amazon is leveraging its vast marketplace, logistics network and AI capabilities to improve product discovery, advertising and fulfillment. Amazon has introduced AI-powered shopping assistants and seller tools, making it a major force in AI-driven retail. However, Amazon primarily operates a marketplace model, whereas Shopify focuses on empowering independent merchants to own customer relationships. As AI commerce expands, Amazon remains a formidable competitor because of its scale and consumer reach.

Wix.com is also integrating AI into website creation, store design and business management. Wix.com has launched AI tools that help merchants build online stores and automate workflows with minimal technical expertise. While Wix.com targets many small and medium-sized businesses, Shopify benefits from a deeper commerce ecosystem, stronger payments infrastructure and broader enterprise adoption.

Both Amazon and Wix.com are pushing AI deeper into commerce. Still, Shopify’s combination of commerce data, AI-powered merchant tools, payments, fulfillment and growing integrations with AI shopping channels gives it a differentiated position in the race to become the infrastructure layer for AI retail.

SHOP Stock’s Price Performance & Valuation TrendShares of SHOP have trended 30.1% downward year to date (YTD), underperforming the Zacks Internet - Services industry, as shown below.

SHOP’s YTD Price Performance

Image Source: Zacks Investment Research

SHOP stock is currently trading slightly at a premium compared with the industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 57.16, as evidenced by the chart below.

SHOP’s P/E Ratio (Forward 12-Month) vs. Industry

Image Source: Zacks Investment Research

EPS Trend of SHOP StockOver the past 60 days, expectations for the company’s 2026 earnings per share increased to $1.80. The estimate indicates 53.9% growth from the year-ago level.
 

Image Source: Zacks Investment Research

Shopify currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Internet, Everywhere, June 16, 2026 (GLOBE NEWSWIRE) -- Shopify Inc. (NASDAQ, TSX: SHOP) announced today the results of its annual meeting of shareholders held on June 16, 2026. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP was reappointed as Shopify's auditors. Shareholders also accepted, on a non-binding advisory basis, Shopify's approach to executive compensation, as further described in Shopify's management information circular dated April 21, 2026. A shareholder proposal regarding an artificial intelligence policy was not approved.

The detailed results of the meeting are as follows:

1. Election of Directors 

Each of the ten (10) nominees for director was elected to the Board of Directors. The votes cast for each nominee were as follows:

DirectorVotes
for% of
Votes forVotes
Against% of
Votes AgainstTobias Lütke1,657,446,73797.72%38,629,7442.28%Lulu Cheng Meservey1,691,141,69599.71%4,934,7870.29%Jeanne DeWitt Grosser1,684,061,53699.29%12,014,9450.71%David Heinemeier Hansson1,691,045,51999.70%5,030,9630.30%Jeremy Levine1,665,712,40498.21%30,364,0791.79%Prashanth Mahendra-Rajah1,687,117,69899.47%8,958,7840.53%Joseph Natale1,534,092,14490.45%161,984,3369.55%Kevin Scott1,692,124,19699.77%3,952,2850.23%Toby Shannan1,692,107,20299.77%3,969,2800.23%Fidji Simo1,639,426,47296.66%56,649,9853.34%      Following the meeting, the Board of Directors intends to select Tobias Lütke to continue to serve as Chair of the Board of Directors and Joseph Natale to continue to serve as Lead Independent Director.

2. Appointment of Independent Registered Public Accounting Firm 

PricewaterhouseCoopers LLP was reappointed as Shopify's auditors, and the directors were authorized to fix the auditors' remuneration. The votes were cast as follows:

Votes
for% of
Votes forVotes
Withheld% of
Votes Withheld1,762,083,81799.42%10,266,4010.58%     3. Non-binding Advisory Vote on Executive Compensation

Shareholders accepted, on a non-binding advisory basis, the Company's approach to executive compensation. The votes were cast as follows:

Votes
for% of
Votes forVotes
Against% of
Votes Against1,377,881,96181.24%318,194,52118.76%     4. Shareholder Proposal

A shareholder proposal regarding an artificial intelligence policy was not approved. The votes were cast as follows:

Votes
for% of
Votes forVotes
Against% of
Votes Against235,153,52613.86%1,460,922,95586.14%     About Shopify

Shopify provides essential internet infrastructure for commerce. Shopify's all-in-one platform makes it easier to start, run, and grow a business, powering sales online, in-store, and everywhere in between. Millions of businesses in 175+ countries use Shopify—from entrepreneurs to brands like Aldo, BarkBox, Carrier, Meta, Vuori, SKIMS, and Supreme.

For more information, visit www.shopify.com.

CONTACT INVESTORS: CONTACT MEDIA:Shane Kleinstein Ben McConaghyDirector, Investor Relations Director, [email protected] [email protected]   

Wall Street expects a year-over-year decline in earnings on higher revenues when FedEx (FDX - Free Report) reports results for the quarter ended May 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on June 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis package delivery company is expected to post quarterly earnings of $5.91 per share in its upcoming report, which represents a year-over-year change of -2.6%.

Revenues are expected to be $24.18 billion, up 8.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.39% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. 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.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for FedEx?For FedEx, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.76%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that FedEx will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that FedEx would post earnings of $4.14 per share when it actually produced earnings of $5.25, delivering a surprise of +26.81%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

FedEx appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Options traders have been much more bearish than usual

Deputy Editor

Jun 16, 2026 at 1:37 PM

FedEx is oversold despite trading near record highs

FedEx Corp (NYSE:FDX) is set to report fiscal fourth-quarter earnings after the close on Tuesday, June 23. According to Zacks Research, analysts expect earnings of $5.91 per share on revenue of $24.18 billion. Wall Street will be watching for continued benefits from the company's cost-cutting program, DRIVE, as well as lower operating expenses stemming from its use of artificial intelligence.

FedEx stock is pulling back slightly after hitting a June 15 record high of $345.37. In a rare bearish divergence, the stock's 14-day Relative Strength Index (RSI) sits at 28.5, indicating the shares sit firmly in oversold territory despite trading near these highs. Year-to date, the equity is up roughly 44%. 

Options traders are pricing in a post-earnings swing of 8.5%, compared to the stock's historical earnings move of 5.5% over the last eight quarters. FDX has closed four of its last eight post-earnings sessions higher, including its most recent three. 

Currently, sentiment in the options pits is overwhelmingly bearish. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), FDX's 10-day put/call volume ratio of 3.19 ranks higher than 97% of readings from the past year.

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American Express (AXP - Free Report) closed the most recent trading day at $340.74, moving +1.6% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.

Heading into today, shares of the credit card issuer and global payments company had gained 7.41% over the past month, outpacing the Finance sector's gain of 4.57% and the S&P 500's gain of 2.14%.

The investment community will be closely monitoring the performance of American Express in its forthcoming earnings report. The company is scheduled to release its earnings on July 24, 2026. The company is expected to report EPS of $4.37, up 7.11% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $19.57 billion, showing a 9.62% escalation compared to the year-ago quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $17.59 per share and a revenue of $79.14 billion, representing changes of +14.37% and +9.56%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for American Express. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. American Express is currently a Zacks Rank #3 (Hold).

From a valuation perspective, American Express is currently exchanging hands at a Forward P/E ratio of 19.07. This indicates a premium in contrast to its industry's Forward P/E of 10.93.

One should further note that AXP currently holds a PEG ratio of 1.36. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Financial - Miscellaneous Services industry stood at 1.06 at the close of the market yesterday.

The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 149, putting it in the bottom 39% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

WELL Health Technologies Corp. (WELL:CA) Shareholder/Analyst Call Transcript

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Considering buying WPC stock? Here’s what analysts think:

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Apptio is launching a preview of new Conversational Insights solution that allows any stakeholder to ask plain-language questions and get data-backed insights into their technology spend and value across the entire Apptio product suite Apptio customers will get several updates across the solution suite, including IBM Apptio Data Center Total Cost of Ownership, Cloudability Intelligent Forecasting, and Cloudability Advanced Containers, enabling end-to-end visibility and control across the entire hybrid IT estate The updates further enhance the Financial Intelligence Layer for technology to address blind spots and connect cost to value, empowering teams to assess whether every technology investment delivers a measurable business outcome , /PRNewswire/ -- Today, Apptio, an IBM Company (NYSE: IBM), announced significant updates to its solution suite—including the launch of its Conversational Insights, currently in preview, and new capabilities for hybrid IT cost management and cloud optimization—designed to turn technology investment into measurable business outcomes and establish best practices for the financial governance for AI in a time of record infrastructure investments. The new capabilities are designed to specifically strengthen Apptio's Financial Intelligence Layer that connects cost, consumption, value, and action across all spending and operational data within the enterprise. 

Apptio, an IBM company As businesses rush to capitalize on AI, "global IT spending is poised to reach $6.15 trillion in 2026, up 10.8% from 2025", according to the latest forecast by Gartner®[1] to meet these demands. This rapid investment in AI within already complex hybrid IT environments is creating significant financial blind spots, making it nearly impossible to connect AI-driven costs to business value.

At the same time, executives are being asked to justify the value of massive AI expenditures they cannot fully see or track. Apptio's 2026 Technology Investment Management Report found that 90% of leaders surveyed say ROI uncertainty impacts their tech investment decisions. To overcome this, organizations must unify financial and operational data across their technology estate, moving from siloed tools to a single source of truth for all technology investments.

"Technology is no longer a cost center; it is the engine of modern business," said Bill Lobig, Vice President Apptio. "This reality demands a shift from reactive reporting to proactive, real-time monitoring of spend. With the introduction of our new AI-infused capabilities, we are providing the automated, real-time insights leaders need to manage the complexity of hybrid IT to help ensure their technology investments become their greatest competitive advantage."

Conversational Insights: Powering the Financial Intelligence Layer

To address this challenge, Apptio is launching Conversational Insights, an enterprise-grade conversational interface with AI embedded across the company's entire solutions portfolio. Built with Technology Business Management (TBM) principles in mind, the new interface is designed to connect financial, operational and business data across systems in order to help leaders better manage IT costs, optimize cloud spending and align strategic portfolios.

This natural language AI interface allows stakeholders to ask plain-language questions about project status, resource allocation, and financial performance and get immediate, data-backed answers. By providing easy-to-understand insights into cloud spend, Conversational Insights empowers users –– across technical abilities––with a FinOps approach to making informed decisions about IT investments, to ultimately meet financial targets.

Unlike generic, bolt-on AI tools, Apptio's Conversational Insights is natively embedded within the Apptio platform and across the solutions portfolio. This purpose-built architecture delivers enterprise-grade governance by automatically inheriting and enforcing all existing user permissions, ensuring authorized data access for organizations with the strictest requirements, including government, financial services, and healthcare.

"Many organizations still have limited visibility into their AI investments. Organizations need a natural language conversational tool powered by AI to gain better insight into their technology spend and can directly connect costs to measurable business outcomes," said Jevin Jensen, research vice president, IDC. "This replaces guesswork with financial intelligence and allows IT and business leaders to operate from a shared perspective."

End-to-End Visibility: New Capabilities in Cost Modeling and Forecasting

While the Conversational Insights provides the interface, its intelligence is only as powerful as the data it sits on. Simultaneously, Apptio is launching foundational enhancements that feed the AI engine with more comprehensive data from across the hybrid landscape.

Other key updates that feed this Financial Intelligence Layer include:

IBM Apptio Data Center Total Cost of Ownership (TCO): This new capability helps embed financial governance as organizations scale AI infrastructure readiness, connecting the cost, capacity, and constraints of today's enterprise data center footprint like rack space, cooling, and power. By bridging facility and operational data in a single model, leaders can drill into unit economics, quantify available headroom, and gain the insights needed for a comprehensive cost breakdown by department and identify where there's capacity for further data center investment. IBM Cloudability Intelligent Forecasting: Integrating IBM's watsonx.ai, this feature uses advanced machine learning models to automatically generate spend forecasts to help improve budgeting accuracy. Its built-in outlier detection is built to remove anomalies, giving FinOps teams a more comprehensive view of future cloud spend to improve budget accuracy. Cloudability Advanced Containers: Powered by Kubecost, this add-on solution brings advanced real-time, container-level cost visibility and savings insights directly into Cloudability. Cloudability Advanced Containers is infrastructure agnostic, allowing you to build real-time visibility into your containerized workloads across any infrastructure type. By integrating granular Kubernetes costs management capabilities directly into Cloudability, DevOps teams can see the cost impact of their work as it happens at the container level, building cost visibility and responsibility directly into the development process. With AI as the engine, this unified approach transforms technology from a cost center into a strategic business advantage, enabling collaborative, data-driven decisions that optimize investments to maximize business impact.

Conversational Insights is now available in preview and is expected to be generally available in 2026, with Cloudability Intelligent Forecasting and Data Center TCO generally available in Q2 2026. To learn more about Conversational Insights and how Apptio is transforming TBM for the AI era, visit: https://www.apptio.com/innovation-hub/.

[1] Gartner Press Release, Gartner Forecasts Worldwide IT Spending to Grow 10.8% in 2026, Totaling $6.15 Trillion, February 3, 2026

GARTNER is a trademark of Gartner, Inc. and/or its affiliates.

About Apptio, an IBM Company

Apptio, an IBM company, is a leading technology spend and value management software provider. Apptio's AI-powered data insights empower leaders to make smarter financial and operational decisions across Information Technology (IT), multi-cloud FinOps, and digital product development. Apptio's mission is to deliver business value with every technology investment and team. Powered by Apptio's cloud platform, Apptio's SaaS applications help translate technology spend into clear business outcomes and financial ROI. As a pioneer and category leader in Technology Business Management (TBM), FinOps, and Agile Portfolio Management, Apptio works with thousands of customers, partners, and community members worldwide.

Forward-Looking Statements

Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

SOURCE IBM

68% of surveyed executives say meeting data residency and sovereignty requirements across geographies is challenging Nearly all (91%) respondents report not fully understanding their AI dependencies across vendors, models, and infrastructure Organizations with the most advanced AI control capabilities protect more than half of their operating profit from AI-driven disruptions , /PRNewswire/ -- A new global study by the IBM (NYSE: IBM) Institute for Business Value finds that as enterprises embed AI deeper into core business operations, most surveyed organizations remain locked into AI systems they cannot easily change, reinforcing the growing importance of AI sovereignty to maintain business continuity and performance.

Based on insights from 1,000 senior executives, The Calculus of AI Sovereignty study* reveals that 71% of respondents say switching their primary AI vendor or model would be difficult, highlighting significant operational constraints. Additionally, 68% of surveyed executives say meeting data residency and sovereignty requirements across geographies is challenging, creating complexity in moving AI systems or data across environments. These dynamics point to growing pressure on organizations to strengthen control and oversight as AI adoption and compliance requirements expand.

While the need for control is intensifying, most organizations still lack the visibility required to act on it: 91% of those surveyed say they don't fully understand their organization's dependencies across AI vendors, models and infrastructure, limiting the ability to assess risk and plan for disruption. Surveyed leaders report an average of six AI-related disruptions over the past two years, largely driven by vendor services, yet 81% say a seven-day vendor outage would still cause severe or critical disruption, effectively halting operations.

Respondents also cite unexpected changes across the AI ecosystem, including price increases, usage restrictions, model deprecations, and performance degradation. These findings underscore the challenges enterprises face in managing AI dependencies.

Ana Paula Assis, IBM Senior Vice President and Chair, EMEA and APAC, said in the study foreword: "AI has introduced new forms of dependency that evolve faster than traditional governance, procurement, or technology cycles were designed to handle. That is why AI sovereignty has become one of the most defining leadership issues of this moment. The stakes are no longer technical; they are economic. Any loss of control can translate directly into margin pressure, compliance exposure, or outright business disruption."

According to the study, organizations that design AI systems to adapt data, models and infrastructure as conditions change – a core element of AI sovereignty – are outperforming peers:

Analysis shows that organizations with the most advanced AI control capabilities see less AI downtime and protect 55% more operating profit from AI-driven disruptions. Yet, only a minority of the organizations surveyed (7%) operate at this level, signaling a widening gap between those building adaptable AI systems and those constrained by dependency. 72% of surveyed executives say they would accept a 20% cost increase to maintain AI vendors if it improved strategic flexibility. Most surveyed organizations (73%) describe their AI environments as intentionally multi-‑vendor, yet vendor diversity in practice appears to be driven less by deliberate strategy and more by internal and operational realities1:

Independent business unit decisions (69%) and geographic necessity (69%) emerge as the leading drivers. Legacy complexity is also widely cited by respondents (57%), reflecting mergers, acquisitions, and historical decisions—common across organizations but less often the primary driver. The study also provides a roadmap for senior executives on how to build flexible, resilient, and sovereign AI systems. To view the full study, visit: https://ibm.biz/ai-sovereignty.

1 Unpublished data from the IBM Institute for Business Value The Calculus of AI Sovereignty Study (2026).

*Study Methodology
The IBM Institute for Business Value, in collaboration with Oxford Economics, conducted a global survey between February and April 2026 to examine how organizations structure control across the AI stack and how these choices relate to resilience, performance and operating economics. The study is based on responses from 1,000 senior executives responsible for AI, data, technology, or related enterprise capabilities across 16 countries and 17 industries. Additional analysis identified distinct AI control profiles by segmenting organizations based on how they structure control across data, models, infrastructure and applications, and assessing the relationship to resilience, performance and operating economics.

The IBM Institute for Business Value, IBM's thought leadership think tank, combines
global research and performance data with expertise from industry thinkers and leading academics to deliver insights that make business leaders smarter. For more world-class thought leadership, visit: www.ibm.com/ibv. To receive more insights, subscribe to the IdeaWatch newsletter: https://ibm.co/ibv-ideawatch. 

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity, and service.  Visit www.ibm.com for more information.

Media Contact
Marisa Conway
IBM Corporate Communications
[email protected]

SOURCE IBM

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SummaryMerck is a buy-the-dip opportunity after a pullback to $114.90, offering a compelling entry for value and income investors.MRK's robust pipeline, including 20 potential blockbusters and strategic acquisitions like Terns, positions it to bridge the Keytruda patent cliff.Normalized forward P/E of 12.0 and 3% dividend yield support a favorable risk/reward profile.MRK's strong balance sheet and expanding portfolio underpin its Buy rating.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More »Sitewide Sale 2026: Get 20% Offjroballo/iStock via Getty Images

It's tempting to chase high-growth stocks, especially with the Dow Jones setting a record after the SpaceX (SPCX) IPO. However, I remain grounded on chasing long-term results over short-term swings in the market, as this can be key

23.29K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MRK over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Over $2 Million in Scholarships Awarded Since 2020, Alongside Mentoring, Professional Development and Internship Opportunities

Key Takeaways

Spectrum selected 15 rising college juniors for the sixth class of Spectrum Scholars. Each Scholar receives a $20,000 scholarship, mentorship and career-building support. Since 2020, the program has helped more than 100 students prepare for life after college. , /PRNewswire/ -- Spectrum announced its sixth class of Spectrum Scholars, awarding 15 college students a total of $300,000 in scholarships through a two-year program that pairs financial support with mentorship, professional development and the opportunity for a paid Spectrum internship. Since 2020, the award-winning Spectrum Scholars program has granted more than $2 million in scholarships to over 100 students with financial need, helping them gain support, experience and connections to strengthen their path from college to career.

A Scholarship – and So Much More
For the 15 rising college juniors selected this year, the program provides scholarship funding alongside access to career-building experiences inside Spectrum. Scholars receive:

A $20,000 scholarship applied across their junior and senior years One-on-one mentorship from a Spectrum employee Networking and professional development experiences The opportunity for a paid internship at one of Spectrum's Stamford, Austin, Charlotte, Denver or St. Louis offices "The next generation of talent is looking for more than a first job – they're looking for places where they can learn, contribute and grow," said Paul Marchand, Executive Vice President and Chief Human Resources Officer. "Spectrum Scholars reflects the way we think about building careers here: investing in people early, opening doors to real opportunities and helping students see the possibilities ahead."

Building Careers in Every Direction
The sixth class of Spectrum Scholars reflects a range of interests and ambitions, with students pursuing career paths including computer science, business administration, finance, marketing and other disciplines. Over the next two years, they'll spend time growing their networks, gaining hands-on work experience and preparing to kickstart their careers.

As the newest Scholars begin the program, students from previous classes also are taking the next step. Carlos Sandoval, a 2025 Spectrum Scholar and rising senior studying computer science at the Colorado School of Mines, is spending the summer at Spectrum's Denver office as a security engineering intern.

"The scholarship is an incredible benefit, but what really stood out to me was the support that comes with it," said Carlos. "My mentor has helped me make connections at Spectrum, and my internship is giving me real-world experience I can build on."

A Great Place to Start and Stay
For Scholars who go on to build their careers at Spectrum after graduation, that support continues with benefits that actually matter. Spectrum offers access to tuition-free and discounted education, high-quality and affordable health care, a market-leading retirement plan with a Company contribution of up to 9% of eligible pay annually, and the option to participate in an Employee Stock Purchase Plan. Employees also earn a minimum starting wage of at least $20 per hour, nearly three times the federal minimum, plus free and discounted Spectrum services.

For more information, visit corporate.charter.com/spectrum-scholars.

About Spectrum
Spectrum is a suite of advanced communications services offered by Charter Communications, Inc. (NASDAQ:CHTR), a leading broadband connectivity company available to nearly 59 million homes and small to large businesses across 41 states. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products. 

More information can be found at corporate.charter.com. 

SOURCE Charter Communications, Inc.

Key Takeaways Chevron completed all administrative procedures to enter Greece's offshore Block 10 in the Gulf of Kyparissia.CVX will acquire a 70% stake from Helleniq Energy and advance exploration with possible drilling ahead.Chevron brings deepwater technology and expertise to evaluate Block 10's geological potential. Chevron Corporation (CVX - Free Report) has reportedly completed all administrative procedures to enter Block 10 in the Gulf of Kyparissia, offshore western Greece, marking a decisive step in the company’s expanding footprint across the Eastern Mediterranean, according to ekathimerini. The confirmation follows a joint announcement by Environment and Energy Minister Stavros Papastavrou and the head of Greece’s upstream regulatory authority, EDEYEP CEO Aristofanis Stefatos, who verified that all regulatory requirements have now been fully finalized.

The arrival of a Chevron delegation in Athens to conclude the agreement underscores the operational transition from regulatory approval to active participation. This development positions Chevron as a key international stakeholder in Greece’s offshore energy future, reinforcing the country’s growing role in regional hydrocarbon exploration and strategic energy development.

Block 10 in the Gulf of Kyparissia and Its Growing Geological ImportanceBlock 10, located in the southern Ionian Sea near the Gulf of Kyparissia, represents one of the more geologically promising offshore zones in Greece’s maritime territory. The area has attracted increasing attention from global energy companies due to its complex subsurface formations and potential hydrocarbon-bearing structures.

The inclusion of CVX into this block introduces significant technical expertise and capital investment into a region that has already undergone multiple phases of preliminary exploration. Geological and geophysical surveys conducted in earlier stages have indicated the presence of sedimentary basins that warrant further investigation through advanced seismic analysis and potential exploratory drilling.

The strategic positioning of Block 10 also enhances its importance within Greece’s broader offshore exploration framework, linking it with other concession areas in the Ionian Sea and southern Mediterranean basin.

Regulatory Completion and Institutional Oversight in Greece’s Energy SectorThe completion of administrative procedures for Chevron’s entry into Block 10 reflects the structured regulatory framework governing hydrocarbon exploration in Greece. The process, overseen by the Hellenic Hydrocarbons and Energy Resources Management Company (“EDEYEP”), ensured that all legal, environmental and technical conditions were fully satisfied before granting operational participation.

Under the leadership of Aristofanis Stefatos, EDEYEP has played a central role in maintaining strict compliance standards across all offshore concessions. The regulatory pathway included environmental impact assessments, geological validation studies and compliance reviews aligned with European Union energy directives.

Government oversight led by Environment and Energy Minister Stavros Papastavrou further reinforced the strategic importance of ensuring that foreign investment in Greece’s energy sector aligns with national resource management objectives and environmental protection standards.

Chevron’s Expanding Offshore Portfolio in GreeceChevron’s entry into Block 10 is part of a broader expansion strategy across Greece’s offshore exploration landscape. The company is already engaged in multiple other concessions south of Crete and the Peloponnese, where it holds partnerships with Helleniq Energy in several offshore blocks.

This expansion reflects Chevron’s long-term interest in the Eastern Mediterranean as a region with significant exploration potential. The company’s global exploration portfolio includes high-impact offshore regions and Greece has now become a key component of its Mediterranean strategy.

Andrew Deighan, Chevron’s director of exploration for North Africa, the Mediterranean and the Middle East, has described the agreement as an important milestone in strengthening its upstream presence in strategically significant basins. The company’s involvement introduces advanced exploration capabilities and deepwater operational expertise that are expected to accelerate the evaluation of Block 10’s geological potential.

Partnership With Helleniq Energy and Expansion of Exploration SynergiesThe transfer of a 70% stake in Block 10 from Helleniq Energy to CVX marks a significant restructuring of the concession’s operational framework. Helleniq Energy, which remains a key domestic energy player in Greece, continues to participate in the exploration consortium, ensuring continuity of local expertise and operational integration.

Andreas Siamisis, CEO of Helleniq Energy, said the expanded partnership broadens the exploration area, improving opportunities for seismic analysis, geological modeling and resource evaluation.

The collaboration between CVX and Helleniq Energy is expected to strengthen Greece’s offshore exploration capacity by combining international technological leadership with domestic operational knowledge.

Advancing From Geological Studies to Potential Drilling PhasesExploration activities in Block 10 have already progressed through several foundational stages, including geological mapping, geophysical surveys and environmental baseline assessments. These early-phase studies have provided a detailed understanding of subsurface structures and potential hydrocarbon systems within the concession area.

The next stage of development involves evaluating whether conditions justify advancing toward exploratory drilling. This decision will be based on integrated geological models, seismic data interpretation and environmental compliance considerations.

Chevron’s involvement introduces advanced deepwater exploration technologies, including high-resolution seismic imaging and reservoir modeling systems, which significantly enhance the accuracy of subsurface analysis. These capabilities are essential for determining the commercial viability of potential hydrocarbon discoveries in complex offshore environments such as the Ionian Sea.

Greece’s Role in the Eastern Mediterranean Energy ArchitectureThe entry of CVX into Block 10 also carries broader implications for Greece’s position within the Eastern Mediterranean energy landscape. The region has become increasingly important due to its potential hydrocarbon resources and strategic location within global energy supply routes.

Greece’s approach to offshore development continues to balance resource exploration with regulatory oversight and environmental responsibility, positioning the country as a stable and attractive destination for international energy investment.

Economic Impact and Long-Term Investment PotentialCVX's participation brings significant foreign direct investment to Greece's upstream energy sector, boosting technology, exploration efficiency and the country's appeal to global energy companies. Its partnership with Helleniq Energy combines international expertise with local capabilities, supporting long-term resource development and economic value creation. The project is also expected to benefit related industries, including maritime services, engineering, logistics and offshore support operations.

Technological Advancement and Exploration CapabilitiesChevron’s entry into Block 10 introduces some of the most advanced offshore exploration technologies currently available in the global energy sector. These include deepwater seismic imaging systems, advanced reservoir characterization tools and integrated digital modeling platforms that enhance decision-making accuracy.

These technologies play a crucial role in reducing exploration uncertainty and improving the efficiency of hydrocarbon detection in complex geological environments. Their application in Block 10 is expected to significantly improve the quality of subsurface data interpretation and accelerate exploration timelines.

Conclusion: A Defining Development in Greece’s Offshore Energy FutureChevron’s entry into Block 10 in the Gulf of Kyparissia marks an important step in Greece’s offshore energy strategy, with full regulatory approval completed under national authorities. The CVX-Helleniq Energy partnership will now move into advanced exploration and possible drilling, strengthening Greece’s role in the Eastern Mediterranean energy sector. The project also highlights strong international investment interest and cooperation between global energy firms and state institutions in responsible offshore development.

CVX's Zacks Rank & Key PicksCurrently, CVX has a Zacks Rank #3 (Hold).

Investors interested in the energy sector might look at some better-ranked stocks like Cenovus Energy (CVE - Free Report) , Murphy USA (MUSA - Free Report) and Marathon Petroleum (MPC - Free Report) , sporting a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cenovus Energy is valued at $52.86 billion. It is a Canadian integrated energy company that produces, refines and markets crude oil, natural gas and petroleum products. Cenovus Energy operates major oil sands and refining assets across Canada and the United States, making it one of North America's leading energy producers.

Murphy USA is valued at $11.5 billion. The company is one of the largest independent gasoline and convenience store retailers in the United States, operating a network of stores primarily located near Walmart locations. Murphy USA focuses on offering low-cost fuel and everyday convenience products, supported by a strong loyalty program and disciplined capital-allocation strategy.

Marathon Petroleum is valued at $76.95 billion. It is one of the largest downstream energy companies in the United States, operating extensive refining, transportation and fuel marketing networks. Through its refining assets and retail fuel brands, Marathon Petroleum supplies gasoline, diesel and other petroleum products to consumers and businesses nationwide.

Beyond Meat (BYND 2.51%), a producer of plant-based meat products, went public seven years ago at $25 per share. Today, its stock trades at less than $1. Let's see why Beyond Meat's stock collapsed -- and if it will bounce back or get delisted over the next three years.

What happened to Beyond Meat? From 2021 to 2025, Beyond Meat's revenue declined from $465 million to $276 million without a single year of growth. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell from negative $113 million to negative $178 million.

Image source: Getty Images.

Beyond Meat struggled during the pandemic as fewer retailers and restaurants bought its products, while cost-conscious consumers opted for cheaper animal-based meat products. Aggressive competitors, including Impossible Foods and Tyson, carved up the fragmented and shrinking market. Inflation dashed its hopes for a post-pandemic recovery, and a failed jerky-making joint venture with PepsiCo exacerbated its slowdown.

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Beyond Meat liquidated its inventory with aggressive markdowns to offset that pressure, but that strategy reduced its gross margin from 25.2% in 2021 to 2.8% in 2025.

By 2028, analysts expect Beyond Meat's revenue to decline to $253 million without a single year of growth. However, they expect its adjusted EBITDA to improve to negative $74 million as it cuts costs to right-size its business.

Beyond Meat's main turnaround strategy is to rebrand itself as a broader wellness brand with its "Beyond" functional drinks and other food products. It also aims to stabilize its margins by discontinuing its weaker products, implementing selective price increases, exiting weaker markets, and expanding into stronger regions, such as Western Europe.

But with an enterprise value of $599 million (including its $492 million in total liabilities), Beyond Meat still isn't a bargain at three times next year's sales. It's also increased its share count by 620% over the past three years, and that dilution should continue for the foreseeable future.

Even if Beyond Meat matches analysts' estimates through 2028, it stabilizes its business, and its revenue growth flatlines instead of declining in 2029, it would still seem overvalued at three times this year's sales. If it trades at just one times sales -- which would be reasonable for a zero-growth company -- its stock could actually decline nearly 60% over the next three years.

Beyond Meat isn't down for the count yet, but it's hard to believe its long-shot turnaround strategies will work. Unless it implements a reverse stock split to boost its stock price above $1 again, it could be delisted by 2029.

Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 16:

Pagaya Technologies Ltd. (PGY - Free Report) : This product-focused technology company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 12.2% over the last 60 days.

Pagaya Technologies has a price-to-earnings ratio (P/E) of 4.77 compared with 8.40 for the industry. The company possesses a Value Scoreof A.

Newmont Corporation (NEM - Free Report) : This gold producer and exploration company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 16% over the last 60 days.

Newmont has a price-to-earnings ratio (P/E) of 5.76 compared with 9.80 for the S&P. The company possesses a Value Score of A.

RBB Bancorp (RBB - Free Report) : This bank holding company for Royal Business Bank carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 13.5% over the last 60 days.

RBB Bancorp has a price-to-earnings ratio (P/E) of 10.53 compared with 13.10 for the industry. The company possesses a Value Score of A.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

Newmont Corporation (NEM - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this gold and copper miner have returned -3.7%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Mining - Gold industry, which Newmont falls in, has lost 1.9%. The key question now is: What could be the stock's future direction?

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

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

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

For the current quarter, Newmont is expected to post earnings of $2.25 per share, indicating a change of +57.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.9% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $9.91 points to a change of +43.8% from the prior year. Over the last 30 days, this estimate has changed +4.6%.

For the next fiscal year, the consensus earnings estimate of $10.76 indicates a change of +8.7% from what Newmont is expected to report a year ago. Over the past month, the estimate has changed +0.7%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #1 (Strong Buy) for Newmont.

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

12 Month EPS

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

For Newmont, the consensus sales estimate for the current quarter of $6.19 billion indicates a year-over-year change of +16.4%. For the current and next fiscal years, $27.25 billion and $29.69 billion estimates indicate +20.2% and +9% changes, respectively.

Last Reported Results and Surprise HistoryNewmont reported revenues of $7.31 billion in the last reported quarter, representing a year-over-year change of +45.8%. EPS of $2.9 for the same period compares with $1.25 a year ago.

Compared to the Zacks Consensus Estimate of $6.36 billion, the reported revenues represent a surprise of +14.88%. The EPS surprise was +40.1%.

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

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

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

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

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

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Newmont. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.

Crude began unwinding months of conflict premium after the Trump administration claimed that the Strait of Hormuz has reopened as part of an agreement reached with Iran on Sunday.

Yet three corners of the market that the war hammered have still not climbed back to where they traded the day it began.

West Texas Intermediate slid to around $80 a barrel on Tuesday, its lowest since early March, after President Donald Trump said on social media that the deal with Iran was complete and the U.S. naval blockade would be lifted.

But financial markets are sending a different signal beneath the rally.

The Laggards The Rally Left BehindWall Street has continued to hit record highs since the U.S. attacked Iran in February. The SPDR S&P 500 ETF Trust (NYSE:SPY) rose 10% throughout that time.

But not all sectors have shared in the rally, with some of the market’s biggest laggards posting steep losses.

Data from CountryETFTracker, which measures performance against the Feb. 27 starting point of the conflict, shows three U.S. industry funds still in negative territory nearly four months later. They are the laggards the recovery left behind:

The VanEck Gold Miners ETF (NYSE:GDX) is the worst of the group, down 26.39% since Feb. 27. The VanEck Uranium and Nuclear Energy ETF (NYSE:NLR) has lost 15.01%, ranking as the second-worst industry over the same stretch. And the third-worst performer has been the iShares U.S. Home Construction ETF (NYSE:ITB), which is off 9.70%. Gold Miners Took A Double HitMminers were squeezed on both sides during the Iran war. Gold has fallen about 17% from its Feb. 27 level, and silver is down roughly 24% as rising Treasury yields lifted the opportunity cost of holding metals that pay no income.

At the same time, the war drove energy costs higher, inflating the fuel and power bills that dominate mining budgets. Lower output prices met higher input costs.

Shares of Newmont Corp. (NYSE:NEM), the world’s largest gold miner, remain 18% below their pre-war levels, though they rallied 5.6% on Monday after President Donald Trump announced a peace deal.

Rates Crushed Nuclear And HousingNuclear and uranium names were caught in the same vise.

The companies that build reactors and dig for uranium have cash flows that are years or decades in the future, making them acutely sensitive to interest rates.

When the oil shock pushed inflation to a 4.2% annual rate in May and forced markets to price out Federal Reserve cuts, the 10-year Treasury yield climbed above 4.5% and the present value of those distant payoffs shrank.

Homebuilders ran into the same wall.

Higher long-term yields feed straight into mortgage rates, and richer mortgage rates cool buyer demand.

The rate backdrop punished nuclear housing, too.

The Reversal TestThe common thread is rates, and rates were a function of the war. The conflict pushed oil higher, oil pushed inflation higher and inflation pushed yields higher.

Every link in that chain leaned on these three groups. Now the chain is running in reverse.

If the cease-fire holds and oil keeps sliding, May’s inflation print may mark the ceiling of this cycle, and the yield pressure that flattened gold miners, nuclear and homebuilders could ease with it.

What’s Next?The Federal Reserve delivers its next decision on Wednesday, Kevin Warsh‘s first as chair, with fresh projections that will tell investors how far the reversal might run.

Even with the agreement reached on Sunday, the situation remains fragile. Iran has put Israel on notice that further military action in Lebanon or any ongoing presence on Iranian soil would be considered a breach of Tehran’s newly signed agreement with Washington.

Image: Shutterstock

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NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of The Gap Inc. (“Gap” or the “Company”) (NYSE: GAP). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

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

[Click here for information about joining the class action]

On May 28, 2026, Gap reported its financial results for the first quarter of 2026, including revenue of $3.5 billion, which represented an increase of only 1% year-over-year and fell short of analyst expectations.  The results fell short across key segments, including Old Navy and Athleta, and prompted management to cut 2026 full-year net sales guidance. 

On this news, Gap’s stock price fell $3.85 per share, or 15.4%, to close at $21.15 per share on May 29, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980