Track market-moving stories before they get noisy

Hercules Capital (HTGC - Free Report) ended the recent trading session at $15.65, demonstrating a +1.03% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.57%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq depreciated by 1.15%.

Heading into today, shares of the specialty finance company had gained 0.58% over the past month, lagging the Finance sector's gain of 4.57% and the S&P 500's gain of 2.14%.

Market participants will be closely following the financial results of Hercules Capital in its upcoming release. The company's upcoming EPS is projected at $0.5, signifying steadiness compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $148.9 million, up 8.32% from the prior-year quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.93 per share and a revenue of $588.4 million, representing changes of +1.05% and +10.5%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Hercules Capital. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, Hercules Capital holds a Zacks Rank of #3 (Hold).

In terms of valuation, Hercules Capital is currently trading at a Forward P/E ratio of 8.03. This signifies a discount in comparison to the average Forward P/E of 8.06 for its industry.

The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 207, finds itself in the bottom 16% echelons of all 250+ industries.

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

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

New Realm-X capabilities shift more of the portfolio’s operational work onto the platform

The new Claude connector makes its debut at Apartmentalize, June 17-19

SANTA BARBARA, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- AppFolio (NASDAQ:APPF), the technology leader powering the future of the real estate industry, today announced an expansion of the AppFolio Performance Platform, broadening its agentic capabilities across leasing, accounting, and resident operations and extending the real performance it already delivers for residents, owners, investors, and operators alike.

These innovations advance AppFolio’s vision for Real Estate Performance Management (RPM), where success is defined by the outcomes operators produce, not the tasks they automate. At the center is the Property Performance Gap: the distance between the outcomes operators want to achieve and what their current technology allows. Closing this gap requires an AI-native platform that unifies three interconnected systems of record, action, and growth into a single experience. The AppFolio Performance Platform runs leasing, maintenance, accounting, and resident operations on that foundation, so more of the portfolio’s work happens automatically and under the operator’s control.

AppFolio customers can now run complex workflows directly through Anthropic’s Claude, convert more leads around the clock, close the books faster, and move residents in with less friction, all within a single platform.

New innovations include:

Connect AppFolio directly to Anthropic’s Claude to trigger and execute complex workflows through a secure, native agent-to-agent integrationClose the books with less manual intervention using Realm-X Accounting Performer, which routes bills automatically and surfaces only the exceptions that need a human eyeConvert more leads, including after hours, with Realm-X Leasing Performer with multilingual voice, now fully available and built natively into AppFolioDelight residents from day one with Resident Concierge, a complimentary, white-glove utility setup service integrated natively into Resident OnboardingStreamline affordable housing applications with a mobile-friendly experience built for complex mixed-portfolio compliance According to AppFolio’s 2026 Property Manager Benchmark Survey, operators broadly adopting AI are establishing a distinct operational advantage, expecting 31% portfolio growth in 2026 compared to just 12% for the rest of the industry. AppFolio is built for that ambition, with AI-native architecture where intelligent workflows operate within daily property management rather than alongside it.

The System of Action: Realm-X Enhancements

Realm-X is AppFolio’s agentic AI layer, the system of action that executes complex workflows, surfaces the right exceptions, and operates continuously across leasing, accounting, and resident operations on governed, real-time data.

AppFolio is extending its leadership in agentic AI with a secure agent-to-agent connector between Realm-X and Anthropic’s Claude. Where most AI tools only surface data or answer questions, operators can use Claude to trigger and execute complex workflows under AppFolio’s native guardrails. Teams can delegate multi-step administrative tasks from any environment while maintaining accounting, financial, and compliance accuracy, with human supervision in place across agentic actions.

The newly announced Accounting Performer takes on the most time-consuming back-office work so teams can focus on the decisions that drive portfolio performance. It automatically imports and codes invoices, routes them to the right approvers, and continuously closes the books by detecting mismatches and surfacing resolutions. Its budgeting produces data-driven forecasts with transparent reasoning, and reforecasts easily as conditions change.

Already generally available for email and text, Leasing Performer has expanded its capabilities to include phone calls, providing rapid, multilingual responses to incoming inquiries 24/7. It answers complex questions, schedules tours, and helps renters find available units across all affiliated properties. Built natively into AppFolio rather than bolted on through a third-party integration, it operates with a real-time view of portfolio CRM data and calendars, eliminating lead-loss vulnerabilities for high-volume properties. Property managers using Leasing Performer are seeing a dramatic lift in leasing performance, including:

More than 35% increase in showings booked on averageCapture of up to 55% more after-hours demand that previously went unansweredShowings scheduled in an average of 2.5 minutes over the phone Resident Messenger Performer is also now generally available, providing an always-on support experience by handling inbound resident questions on demand based on the operator’s data, policies, and rules. Beta customers saw it resolve one-third of resident inquiries automatically, giving residents faster answers and teams more time for higher-value conversations.

The System of Growth: Resident Onboarding and Concierge

The system of growth is where AppFolio turns resident experience into long-term property performance. Satisfied residents renew, refer, and reduce the turnover costs that erode portfolio returns, making every move-in moment a performance decision. Yet property managers cite utility setup as their top move-in pain point, a first impression that puts that performance at risk before it starts. Resident Concierge removes that friction, offering incoming renters white-glove support to set up utilities, available at no cost directly within Resident Onboarding.

The System of Record: Affordable Housing Enhancements

The system of record is where AppFolio keeps every number, every relationship, and every transaction, and for affordable housing operators, that means compliance accuracy at every step. Affordable Housing leasing enhancements deliver a mobile-friendly application experience built to align with evolving HUD, LIHTC, and local program mandates. Operators can build tailored templates that dynamically ask the right questions based on each program’s compliance rules, whether LIHTC, Project-Based Section 8, or local programs. AppFolio groups household applications, carries demographic details directly into verification forms, and moves prospective renters from guest cards onto a centralized digital HUD waitlist.

“Real performance isn’t about doing the same things faster; it’s about building for distinct outcomes,” said Kyle Triplett, Chief Product Officer at AppFolio. “That requires a fundamentally different architecture. Our unified Performance Platform is designed from the ground up to run agentic capabilities directly on governed, real-time data. It’s how leading operators scale their portfolios with confidence and drive compounding success across their residents, investors, and teams.”

AppFolio is showcasing the Performance Platform at the National Apartment Association’s Apartmentalize conference, June 17-19. Attendees can visit booths #1635 and 1535 to see live product workflows alongside demonstrations of the new Claude connector.

About AppFolio
AppFolio is the technology leader powering the future of the real estate industry. Our innovative performance platform and trusted partnership enable our customers to connect communities, increase operational efficiency, and grow their business. For more information about AppFolio, visit appfolio.com.

For more information, please contact:
AppFolio
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/379ddc28-a9a2-4e35-bc31-221fed8f8a93

After spending the past couple of years raising rates to catch up with soaring claim costs, auto insurers may be facing another test.

The Consumer Price Index rose 4.2% in May from a year earlier, marking the highest inflation reading in three years.

Although much of the increase was driven by energy prices, several categories that directly affect auto insurers remain elevated, including vehicle repair costs, maintenance expenses, and used car prices. Vehicle maintenance and repair costs rose 6.1% year over year in May, while used vehicle prices ticked higher after months of declines.

For Progressive (PGR +0.13%) and Allstate (ALL +0.08%), this is relevant.

Image source: Getty Images.

Battling inflation Auto insurers don't just sell policies. They assume the cost of repairing or replacing damaged vehicles. And when parts, labor, and used car prices rise, claims become more expensive.

That's exactly what happened during the inflation surge of 2021 through 2023.

Repair shops faced labor shortages. Replacement parts became harder to obtain. Used vehicle prices soared. Insurers aggressively raised premiums to restore profitability. And for a while, those efforts worked.

Progressive reported a companywide combined ratio of 86.4% during the first quarter of 2026 and 90.2% in April. Any combined ratio below 100% indicates an insurer is generating an underwriting profit before investment income. Policies in force also increased 8% year over year to nearly 39.8 million at the end of April.

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Allstate has also seen a dramatic turnaround. During the first quarter of 2026, the company reported an underlying auto insurance combined ratio of 89.5% and a recorded auto combined ratio of 81.9%. Auto policies in force increased 4.3% from the prior year as profitability improved after several years of significant rate increases.

Those numbers suggest both insurers successfully adjusted their pricing to reflect the new reality of higher claim costs.

The question now is whether they will need to do it again.

If repair costs continue to rise and used vehicle prices resume their upward climb, insurers could see claims costs accelerate faster than expected. That's worth keeping an eye on, as a lot of companies have already begun slowing the pace of rate increases after restoring profitability.

Adapting to change The insurers that perform best during the next several years likely won't be the ones adding the most policies. They will be the ones that respond fastest to changing claim trends.

Historically, Progressive has excelled in this area. Its telematics programs and pricing models let the company adjust rates quickly when loss trends change. That's one reason Progressive has consistently gained market share while maintaining strong underwriting profitability. Policies in force increased 10% during 2025, including 14% growth in direct auto policies.

Allstate has become increasingly disciplined as well. After years of prioritizing profitability over growth, the company has largely completed its repricing efforts and is now rebuilding its policy count.

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To be sure, inflation affects insurers differently from many other businesses.

Higher prices don't automatically translate into higher revenue. Insurers must accurately predict future claim costs and adjust premiums accordingly. When inflation accelerates unexpectedly, underwriting margins can deteriorate quickly.

That's why the most important metric to watch during the next year may not be policy growth; it probably will be the combined ratio.

After all, adding policies is relatively easy if an insurer is willing to lower prices or accept thinner margins. But that's not a winning strategy when claim costs are rising.

The combined ratio measures how much an insurer spends on claims and operating expenses for every dollar of premium it collects. As I noted earlier, a ratio of less than 100% means the company is generating an underwriting profit. A ratio above 100% means it's losing money on its insurance business before taking into account investment income.

That's what makes the metric so important during inflationary periods.

If repair costs, replacement parts, labor expenses, and used vehicle prices continue to rise, insurers that fail to adjust pricing quickly enough will see their combined ratios deteriorate. Policy growth may look impressive on the surface, but it won't matter much if each new policy is becoming less profitable.

The companies that tend to outperform during these periods are those willing to sacrifice some growth to protect underwriting margins. In other words, you should pay less attention to which company is writing the most new policies and more attention to the ones that accurately price risk.

That's particularly relevant today because both Progressive and Allstate have spent the past two years restoring profitability after the inflation shock that followed the COVID-19 pandemic. If inflation begins accelerating again, the next phase of the cycle won't be about rebuilding policy counts. It will be about proving that pricing remains ahead of claim costs.

And the fastest way to see who's winning that battle is by watching the combined ratio.

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CINCINNATI--(BUSINESS WIRE)--Medpace Holdings, Inc. (Nasdaq: MEDP) (“Medpace”) today announced that it will report its second quarter 2026 financial results after the market close on Wednesday, July 22, 2026. The Company will host a conference call the following morning, Thursday, July 23, 2026, at 9:00 a.m. ET to discuss these results.

To participate in the conference call, interested parties must register in advance by clicking on this link. While it is not required, it is recommended you join 10 minutes prior to the event start. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique PIN that can be used to access the call.

To access the conference call via webcast, visit the “Investors” section of Medpace’s website at investor.medpace.com. The webcast replay of the call will be available at the same site approximately one hour after the end of the call.

A supplemental slide presentation will also be available at the “Investors” section of Medpace’s website prior to the start of the call.

About Medpace

Medpace is a scientifically-driven, global, full-service clinical contract research organization (CRO) providing Phase I-IV clinical development services to the biotechnology, pharmaceutical and medical device industries. Medpace’s mission is to accelerate the global development of safe and effective medical therapeutics through its high-science and disciplined operating approach that leverages regulatory and therapeutic expertise across all major areas including oncology, cardiology, metabolic disease, endocrinology, central nervous system and anti-viral and anti-infective. Headquartered in Cincinnati, Ohio, Medpace employs approximately 6,300 people across 46 countries as of March 31, 2026.

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Key Takeaways KLAC helps chipmakers improve yields, accelerate ramp-ups and support high-value AI chips.KLA's tools address rising needs for earlier defect detection, yield learning and process monitoring.KLAC's advanced packaging and custom silicon exposure support its AI process-control opportunity. KLA Corporation (KLAC - Free Report) is gaining strategic relevance as the AI semiconductor cycle shifts from demand acceleration to manufacturing execution. As chipmakers push more complex devices into volume production, the company’s inspection, metrology and process-control tools are becoming increasingly important for improving yields, accelerating ramp-ups and supporting high-value AI chips across leading-edge foundry/logic, high-bandwidth memory and custom silicon markets.

The opportunity is tied to one of the biggest challenges in the AI semiconductor cycle: improving yield as device architectures become more difficult to manufacture. As die sizes increase, design mixes broaden, and performance requirements become more demanding, manufacturers need earlier defect detection, faster yield learning and tighter process monitoring. KLA’s portfolio is positioned to support these requirements from early process development through fab ramp-ups and high-volume manufacturing.

Yield improvement is becoming an important growth lever for chipmakers facing capacity pressure. Building new fabs can expand supply over time, but improving output from existing capacity can provide a faster path to higher effective production. This dynamic supports demand for KLA’s process-control systems, particularly as customers manage more complex AI-related devices and higher-performance compute applications.

Advanced packaging and custom silicon add further support to KLA’s growth opportunity. As AI chips rely on more complex packaging architectures, manufacturers need tighter inspection and metrology to control defects and improve production consistency. At the same time, hyperscalers and other large technology companies are developing specialized chips for AI workloads, increasing the number of high-value design starts and raising the need for rigorous inspection and metrology across the semiconductor manufacturing process.

KLA’s exposure to yield optimization, advanced packaging and custom silicon likely reinforces its role in the next phase of AI chip growth. Continued investment across these areas could support demand for process-control solutions and strengthen KLA’s role in helping chipmakers improve output, reliability and time to market as manufacturing complexity rises.

How KLA Stacks Up to CompetitorsKLA’s competitive position is differentiated by its direct exposure to process monitoring and yield learning. While AI-driven semiconductor demand is benefiting several equipment suppliers, KLA’s inspection, metrology and process-control portfolio is closely tied to helping chipmakers detect defects, measure variation and improve production outcomes as manufacturing complexity increases.

MKS Inc. (MKSI - Free Report) is also benefiting from AI-led complexity, but its exposure is centered on enabling technologies used in deposition, etch, advanced electronics and packaging. The company pointed to strength in vacuum and power products, plasma and reactive gas offerings, photonics solutions, chemistry and laser drilling, supported by rising process intensity in semiconductors and higher layer counts in advanced circuit boards.

Meanwhile, Advanced Energy Industries (AEIS - Free Report) is gaining from precision power and plasma power technologies used in semiconductor and data center applications, with its eVoS, eVerest and NavX platforms designed to improve throughput and yield at leading-edge nodes.

The key distinction is that MKSI and AEIS support critical process steps and power infrastructure, while KLA is more closely tied to the yield-learning loop that determines output, reliability and ramp efficiency. As AI chips become harder to manufacture, KLA’s exposure to inspection, metrology and process control likely positions it to benefit from rising manufacturing complexity and stronger demand for yield optimization.

KLA’s Stock Price Performance, Valuation & EstimatesShares of KLA have surged 187.1% over the past year compared with the industry’s growth of 104.9%.

KLA One-Year Price Performance
Image Source: Zacks Investment Research

From a valuation standpoint, KLA trades at a forward price-to-sales (P/S) multiple of 19.92, significantly above the industry’s average of 7.57.

KLA’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for KLA’s fiscal 2027 earnings per share (EPS) implies a year-over-year increase of 34.3%. The EPS estimates for fiscal 2027 have risen in the past 60 days.

EPS Trend of KLA Stock
Image Source: Zacks Investment Research

KLA’s Zacks RankKLA stock currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Elite Precision - Unleash pro-grade speed with the G305 X SUPERLIGHT gaming mouse and G316 X 98 gaming keyboard. Featuring the HERO 44K sensor and an 8 kHz report rate, this duo delivers sub-micron accuracy and near-instant response for every player.Boutique Customization - Get that premium "thock" without the DIY hassle. The G316 X 98 features a snap-fit gasket design, hot-swappable switches, and an interactive dot-matrix display for a truly custom feel.The Power Ecosystem - High performance, accessible price. Elevate your setup with the G305 X SUPERLIGHT mouse, G316 X 98 mechanical keyboard, and the plush G325 wireless headset—the ultimate gear for total immersion. LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)--Logitech G today announced the expansion of the G3 Series suite of PC Gaming products. Designed to bring pro-inspired performance to more gamers, the extended lineup features the G305 X SUPERLIGHT wireless gaming mouse and the G316 X 98 wired mechanical gaming keyboard.

These new products join the recently launched Logitech G325 gaming headset, completing the G3 series, a comprehensive high-performance desktop ecosystem that delivers excellent performance, world-class features, and unique customization at an affordable price point.

“By fusing elite precision, like our sub-micron HERO 44K sensor and 8 kHz report rates, with high-end heritage design, we are enabling everyday gamers the ability to level up their gaming experience at an approachable price tag,” said Arnaud Perret-Gentil, Head of Product PC Gaming and Creators at Logitech G. “The G3 Series represents a strategic evolution in our mission to facilitate 'Play for All.'”

G305 X SUPERLIGHT: Pro-Inspired Agility

For years, the G305 has been the "People’s Choice," beloved for its reliable performance and legendary classic shape. The new G305 X SUPERLIGHT delivers the "SUPERLIGHT" promise of elite speed and precision by supercharging the iconic G305 shape with an updated HERO sensor capable of 44K DPI and re-engineering it to be lighter weight with an approximately 59 g design.

Engineered to remove the barrier between the player and the screen, it features:

Best-in-class Speed and Precision: The G305 X SUPERLIGHT is upgradable with PRO LIGHTSPEED Receiver, delivering up to 8 kHz performance so you can play with the speed, responsiveness, and precision, and work your way to becoming an esports pro. Seamless Connectivity: Users can connect and switch between ultra-low-latency LIGHTSPEED wireless, Bluetooth and wired modes. Endurance and Efficiency: Delivers 130+ hours of battery life and supports USB-C recharging, providing up to 3.5 hours of playtime from a mere two-minute charge time. Sustainable Design: Built with a minimum 51% recycled plastic and featuring exposed screws to grant users the “Right to Repair,” extending the product's lifespan. With the G305 X SUPERLIGHT, Logitech G is democratizing high-level gaming by bringing pro-inspired innovations to a versatile, high-performance daily driver priced at an accessible $79.99.

G316 X 98 Gaming Keyboard: Premium Feel, Elite Speed

The Logitech G316 X 98 wired mechanical keyboard bridges the gap between the customizability and "thocky" sound of high-end custom builds and competitive gaming speeds. Designed for total creative freedom, it features:

Precise and Fluid Performance: Featuring 8 kHz performance and a near-instantaneous 0.125ms response time, ensuring every action is precise and fluid. Handcrafted Construction: Optimized for sound and feel, the innovative multi-layer snap-fit gasket design ensures structural integrity without screws while delivering a satisfying "thocky" sound. Easy-to-Use Interactive Controls: Quickly change report rate and brightness or control music and volume with the onboard dot-matrix LED display and control dial In addition to displaying, the interactive LIGHTSYNC RGB light bar provides instant visual feedback for commands adjusted via the dial. Make it Personal: Make it look the way you want with 30 customizable light bar zones and per-key LIGHTSYNC RGB lighting. Create macros and key assignments, all within G HUB. Take personalization even further with compatible cross-hatch stem keycaps and hot-swappable switches. Launched earlier this year, the G325 LIGHTSPEED wireless gaming headset anchors the G3 Series with ultra-plush comfort and game-ready performance. It delivers 24-bit audio and a boomless microphone with AI-powered noise reduction, designed for gamers who prioritize all-day comfort and a modern, clean aesthetic that fits into any curated space. The G305 X SUPERLIGHT and G316 X keyboard now join the G325 and G321 wireless headsets to deliver a fully curated gaming experience that delivers on the high-performance promise while keeping it affordable.

Pricing and Availability

The G3 Series is fully integrated with Logitech G HUB, allowing gamers to customize performance presets and download community-shared lighting and macro profiles.

The G305 X SUPERLIGHT is expected to be available in Black and White at an MSRP of $79.99 on June 30, 2026. The G316 X is expected to be available in Black and White for $119.99 MSRP on June 30, 2026. The G325 is currently available at an MSRP of $79.99. For more information, please visit LogitechG.com. About Logitech

Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating, and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or the company blog.

Logitech, Logitech G and their logos are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. Gateron is a trademark of Huizhou Gateron Electronics Technology Co., Ltd. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

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CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics, today announced the launch of Apartments.com Ai, a transformative new apartment search experience that fundamentally changes how renters discover, evaluate and lease their next home.

Powered by artificial intelligence and built on Apartments.com’s unmatched depth of multifamily data, Apartments.com Ai replaces traditional filters and keyword searches with natural, real-time conversations that feel less like navigating a website and more like working with a deeply knowledgeable rental advisor.

Available to every renter on every Apartments.com visit, Apartments.com Ai understands renter preferences, answers complex questions, compares communities, surfaces relevant recommendations and guides consumers through every stage of the apartment search journey.

Earlier this year, Apartments.com introduced the multifamily industry’s first AI-powered apartment smart search experience. Insights from that launch and extensive consumer testing helped shape the development of Apartments.com AI, creating a more intelligent, personalized and intuitive renter experience.

Renters can simply describe what matters most to them - whether it’s “a quiet apartment near great restaurants and my office,” “a pet-friendly community under $2,000 a month with easy subway access,” or “a luxury apartment with a gym and outdoor space near downtown” and receive highly personalized recommendations tailored to their lifestyle and priorities.

Beyond finding apartments, Apartments.com Ai helps renters evaluate options with greater confidence. The experience can answer detailed questions about properties and neighborhoods, compare similar communities, guide renters through immersive Matterport 3D Tours and rich media experiences, and assist renters with contacting the property.

“Finding an apartment is one of the most important decisions people make, yet the search process has remained largely unchanged for years,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Apartments.com Ai represents a fundamental shift from searching listings to having a conversation with a trusted rental advisor. By combining artificial intelligence with the most comprehensive multifamily data in the industry, we can understand what renters are truly looking for, guide them through their options and help them find a home that fits their lifestyle with far greater speed, confidence and precision.”

Powered by Apartments.com’s industry-leading property information, neighborhood intelligence, pricing insights, professional photography, videos and Matterport 3D Tours, Apartments.com Ai delivers a richer and more informed search experience than general-purpose AI tools.

A major evolution in apartment search, Apartments.com Ai moves beyond traditional listing discovery toward intelligent, conversational guidance that reflects how people actually make renting decisions. The platform continuously learns from renter interactions, building a deeper understanding of consumer preferences and delivering increasingly relevant recommendations over time.

The launch builds on CoStar Group’s broader investment in artificial intelligence-powered real estate experiences. Earlier this year, CoStar Group introduced Homes Ai, an interactive conversational search experience that helps consumers discover homes, explore neighborhoods and evaluate properties through natural dialogue. Together, these innovations reflect CoStar Group’s vision for a new generation of real estate experiences powered by proprietary data, advanced AI and deep consumer engagement.

About CoStar Group

CoStar Group (NASDAQ: CSGP), an S&P 500 company, is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616473542/en/

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Los Angeles and New York City tied for the highest publicly marketed home sale of the month at $35 million, while most top luxury sales closed below asking price

ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, published the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of May. The full analysis is available here.

The list highlights the top closed sales in leading markets nationwide based on publicly marketed transactions recorded in multiple listing service (MLS) data. May’s most expensive sales occurred in Los Angeles and New York City, where each market recorded a $35 million transaction. Miami followed with a $34 million sale, while San Francisco recorded the fourth-highest publicly marketed sale at $24 million.

The full roundup of the most expensive publicly marketed home sales includes:

Los Angeles: $35 million New York City: $35 million Miami: $34 million San Francisco: $24 million San Diego: $17 million Seattle: $15.9 million Charlotte: $15 million Tampa: $14 million Boston: $13.7 million Phoenix: $12.9 million Las Vegas: $11.8 million Washington, D.C.: $6.8 million Philadelphia: $6.6 million Chicago: $6.4 million Denver: $5.5 million Atlanta: $5.4 million Nashville: $5.3 million Minneapolis: $4.1 million Cleveland: $2.7 million The distribution of these top-tier transactions highlights the continued concentration of ultra-luxury sales at the very top end of the market. Los Angeles, New York City, Miami and San Francisco all recorded publicly marketed sales above $20 million, while several additional markets, including San Diego, Seattle, Charlotte, Tampa, Boston, Phoenix and Las Vegas, recorded sales above $10 million.

Based on MLS data found on Homes.com, the analysis captures publicly marketed transactions and does not include private or off-market deals, which are common in the highest tier of the housing market.

For more information and insights on the latest homebuying and selling market trends, visit Homes.com.

About Homes.com

The Homes.com Network is the fastest-growing residential real estate marketplace and the second largest in the United States. Homes.com is a brand of CoStar Group (NASDAQ: CSGP), a global leader in commercial real estate information, analytics, and online marketplaces, which acquired the platform in 2021.

Homes.com is the first major U.S. real estate portal to focus first on helping homeowners and their agents leverage the marketing power of the internet to bring more potential buyers to their listings. Homes.com’s unparalleled content and search capabilities bring millions of buyers and sellers to the site where they can seamlessly connect with agents. On average, Homes.com’s Members gain $36,400 in commission in their first year* because they offer the home sellers a real estate portal that works for them not against them.

The Homes.com Network reached an audience of 108 million average monthly unique visitors in 2025** and organic traffic to Homes.com was up more than 100% year-over-year every month of the first quarter of 2026. For more information, visit Homes.com.

*Based on an internal analysis of approximately 11,000 Member agents, which showed an average annual commission increase of $36,400. This figure represents an average and is not a guarantee of future performance. Individual results may vary based on market conditions, agent activity, and other factors.

** The Homes.com Network (which includes Homes.com, the Apartments Network, and the Land Network) average monthly unique visitors (108 million) for the year ended December 31, 2025, according to Google Analytics.

About CoStar Group

CoStar Group (NASDAQ: CSGP), an S&P 500 company, is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted 131 million average monthly unique visitors in the first quarter of 2026, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

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"Insect 2151" Challenges Teens to Reimagine the Future Through Insect-Inspired Innovation, Offering $180,000 in Scholarships and Inspiring the Next Generation of Innovators

, /PRNewswire/ -- As Orkin marks 125 years of helping people better understand and manage pests, the company is launching the Orkin Insect 2151 Science Fair. The national virtual competition challenges students ages 14-18 to explore entomology and imagine how insect-inspired ideas could help solve real-world challenges over the next 125 years. Born out of Orkin's 125th anniversary and vision for the future, the competition encourages students to explore how insect science can inspire tomorrow's innovations in ways they may never have imagined. Orkin will award $180,000 in scholarship awards to the winning science fair projects.

"Through Insect 2151, we want to encourage young people to think like scientists, ask bold questions and explore how nature's oldest innovators can inspire the future," said Shannon Sked, Orkin's National Technical Director. "By imagining how the world will continue to change through 2151, participants are preparing for challenges that may not fully exist today but are already beginning to take shape. In doing so, they gain exposure to the study of entomology, which will remain essential as long as people, businesses and communities need protection from pests, and the many ways insect science intersects with emerging fields that will help shape our future."

According to a recent YouGov survey commissioned by Orkin, 44% of teens describe feeling curious about insects, and 50% of teens say they are interested in learning more, while 55% of parents of teens agree. However, many teens' experiences with insects are limited to practical encounters, such as having pests removed from their home, and only 12% of parents say their child has learned a great deal about insects in school. Orkin is launching Insect 2151 at a time when curiosity about insects can fade or compete with other interests as students grow older and begin focusing on hobbies and potential career paths.

Survey results also suggest interest in insects hasn't disappeared; rather, students may need new ways to connect with the subjects and careers that capture their attention today. The Insect 2151 Science Fair is designed to help make those connections, showing how insect science can inspire innovation across fields ranging from robotics and artificial intelligence to environmental stewardship, public health, design and sustainability. While relatively few respondents expressed specific interest in entomology careers, many are drawn to fields that increasingly intersect with modern insect science.

"For 125 years, Orkin has helped educate people about insects and supported the advancement of entomological science," said Dr. Daniel Suiter, Orkin Endowed Professor of Urban Entomology at the University of Georgia. "Insects have inspired breakthroughs in technology, engineering and design through biomimicry, from mosquito-inspired needles and sharkskin-inspired materials to the swarm intelligence of ants and the natural temperature regulation found in termite mounds. By challenging students to imagine the future through an entomological lens, the Insect 2151 Science Fair highlights how insect science can spark curiosity, innovation and discovery."

Today's insect scientists are indeed already helping shape the future. By combining entomology with fields such as artificial intelligence, robotics, predictive analytics and engineering, they are contributing to solutions for some of society's most complex challenges, from public health and food security to sustainability and infrastructure design. To help transform curiosity into discovery, Orkin invites students across the country to participate in the Insect 2151 Science Fair.

CONTEST DETAILS

To enter, students ages 14-18 must:

Choose an area of interest such as technology, sports and health, arts and design, entertainment or environmental sciences. Select an insect that inspires them. Develop a scientific question about that insect. Gather evidence through research, observation, experimentation or design. Create an original insect-inspired concept, design or prototype. Record and submit a video presentation of three minutes or less explaining their idea and its potential impact. A total of $180,000 in scholarship prizes will be awarded to the top presentations submitted.

First Place: $100,000 scholarship Second Place: $40,000 scholarship Third Place: $20,000 scholarship Four Honorable Mentions: $5,000 scholarships each The first-place winner will also receive an invitation to join Orkin in Washington, D.C. during the opening of a new visitor experience at the O. Orkin Insect Zoo at the Smithsonian National Museum of Natural History, which Orkin is generously supporting.

Parents or guardians must submit entries on behalf of minors. Complete contest rules, eligibility requirements and submission details are available at orkininsect2151.com.

The Insect 2151 Science Fair builds on Orkin's long history of supporting education and advancing insect science. Since 2023, the company has endowed the Orkin Professorship in Urban Entomology at the University of Georgia College of Agricultural and Environmental Sciences in order to support research that impacts the entire industry. As Orkin celebrates 125 years, the company continues to invest in the next generation of scientific thinkers whose ideas may help shape the future of entomology, innovation and pest management.

About Orkin, LLC

Founded in 1901, Atlanta-based Orkin has been shaping the pest control industry for 125 years, providing protection against termite damage, rodents and insects through its commitment to scientific knowledge and unmatched training. From its earliest days to today, Orkin's innovative spirit continues to define the future of pest management.

Orkin is dedicated to protecting the places where we live, work and play by helping prevent and control pests and educating consumers about the potential health risks they pose. Guided by a service-first mission to deliver peace of mind, Orkin Pros are trusted professionals who embody the company's values of safety, integrity, professionalism, empathy and innovation. Since 2020, Orkin has partnered with the American Red Cross® to raise awareness about mosquito-borne health threats while supporting the nation's blood supply through monetary contributions and blood donations.

Orkin has more than 400 owned and operated branch offices and nearly 50 franchises in the U.S. The company also has international franchises and subsidiaries in Canada, Europe, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Africa and Mexico. Learn more about careers at Orkin here.

Visit Orkin.com for additional information. Orkin is a wholly-owned subsidiary of Rollins Inc. (NYSE: ROL). Follow us on Facebook, Instagram, TikTok and LinkedIn.

SOURCE Orkin, LLC

President Sells 50,000 Shares for $4.3 MillionSonic Automotive (SAH 0.07%), a major U.S. auto retailer, reported a notable insider sale amid ongoing shifts in executive shareholdings.

On June 9 and June 10, Jeff Dyke, President of Sonic Automotive, reported the direct sale of 50,000 shares of Common Stock in multiple open-market transactions, as disclosed in this SEC Form 4 filing.

Transaction summaryMetricValueShares sold (direct)50,000Transaction value$4.3 millionPost-transaction shares (direct)543,668Post-transaction shares (indirect)111,622Post-transaction value (direct ownership)~$45.7 millionTransaction value based on SEC Form 4 weighted average purchase price ($85.19); post-transaction value based on June 10 market close.

Key questionsWhat proportion of Dyke’s direct holdings was impacted in this transaction?
The sale accounted for 7.1% of Dyke’s direct holdings at the time, leaving him with a substantial continuing ownership stake in both direct and indirect accounts.Were any shares sold from indirect holdings or through derivative transactions?
No shares were sold from indirect holdings or via derivative securities; all shares disposed in this transaction were directly held common stock.Company overviewMetricValueRevenue (TTM)$15.2 billionNet income (TTM)$108.9 millionDividend yield2.0%Price (as of market close June 10)$84.15Company snapshotSonic Automotive is a U.S. automotive retailer, operating through a network of franchised dealerships and EchoPark used vehicle stores across multiple states. The company offers new and pre-owned vehicles, while also offering comprehensive after-sales and finance solutions.

Offers new and pre-owned vehicle sales, replacement parts, maintenance, warranty repairs, collision repair, and finance and insurance products through franchised dealerships and EchoPark specialty stores.Serves retail automotive consumers across the United States, targeting both new car buyers and value-focused used car customers.Generates revenue primarily from vehicle sales, parts and service operations, and the sale of finance and insurance products, leveraging a dual-segment model to address both new and used car markets.What this transaction means for investorsInvestors should read neither positive nor negative signals from President Dyke’s recent share sale activity. While key insider selling could signal a bearish signal, that’s not the case here.

Dyke set up a 10b5-1 trading plan. This sets the terms of his sales activity ahead of time in an effort to avoid accusations that key officers and directors traded ahead of material insider information. His recent sales activity was conducted under this arrangement.

Additionally, Sonic Automotive’s president still holds substantial shares in the company. He directly holds 543,668 shares and indirectly, through an LLC, owns another 111,622 shares. The combined 655,290 shares have a value of about $55 million.

Looking at returns, Sonic Automotive’s stock performance has lagged the overall market lately. The shares returned 13.9% over the last year through June 15, trailing the S&P 500 index’s 28%. Both factor dividends into the total return.

Lawrence Rothman, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Key Takeaways Ulta Beauty grows social commerce through TikTok Shop and a livestream with 5 million impressions.ULTA expands AI capabilities, delivery options and Marketplace offerings to enhance engagement.ULTA broadens growth through wellness brands and international expansion across key markets. Ulta Beauty, Inc. (ULTA - Free Report) is moving beyond traditional retail by integrating social commerce and advanced digital tools into its guest ecosystem. The launch of the TikTok Shop was strategically centered on its Only at Ulta exclusive brands. To support the initiative, the company hosted its first TikTok shoppable livestream during the Ulta Beauty World event, generating more than 5 million impressions and expanding customer engagement through social commerce. To enhance convenience, the company expanded same-day delivery through Uber Eats and introduced Buy Now, Pay Later options through Klarna. Additionally, Ulta Beauty is pioneering agentic commerce by integrating with Google’s Gemini and launching Ulta AI, an online shopping agent designed to personalize discovery and shopping experiences.

The company is scaling emerging businesses such as Ulta Beauty Media and Marketplace to diversify revenue streams. Media recently introduced a YouTube enhanced measurement product to provide deeper insights for brand partners, while the Marketplace has expanded to offer more than 325 brands and 8,000 SKUs. Furthermore, Ulta Beauty is broadening its reach in the wellness category by launching brands like Gruns and Medicine Mama, focusing on nutrition, supplements and intimate skincare to integrate into consumers' essential routines.

The company continued to expand its international footprint with new store openings across key markets. Space NK maintained healthy, balanced growth while expanding its customer base and market share in the U.K. and Ireland. Expansion also progressed in Mexico with two new stores, while franchise partner Alshaya opened the third Middle East location at Dubai Mall. Overall, Ulta Beauty’s expansion into social commerce, AI-powered experiences, media, wellness and international markets is creating new growth avenues beyond traditional retail.

The Zacks Rundown for ULTAThe company’s shares have lost 0.1% in the past year compared with the industry’s 4% decline.

Image Source: Zacks Investment Research

From a valuation standpoint, ULTA trades at a forward price-to-earnings ratio of 15.77, higher than the industry’s average of 14.67. ULTA currently carries a Zacks Rank #3 (Hold).

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for ULTA’s current and next fiscal year earnings implies a year-over-year rise of 11.8% and 11.3%, respectively.

Image Source: Zacks Investment Research

Stocks to ConsiderSome better-ranked stocks have been discussed below:

Five Below, Inc. (FIVE - Free Report) operates as a specialty value retailer in the United States. At present, Five Below sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for FIVE’s current fiscal-year sales and earnings implies growth of 14.3% and 30.4%, respectively, from the year-ago figures. FIVE delivered a trailing four-quarter earnings surprise of 70.1%, on average.

The Estée Lauder Companies Inc. (EL - Free Report) manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide.  At present, EL carries a Zacks Rank of 2 (Buy).

The Zacks Consensus Estimate for EL’s current fiscal-year sales and earnings indicates growth of 4.5% and 59.6%, respectively, from the year-ago figures. EL delivered a trailing four-quarter earnings surprise of 39.1%, on average.

Interparfums, Inc. (IPAR - Free Report) manufactures, markets, and distributes a range of fragrances and fragrance-related products in the United States and internationally. At present, the company holds a Zacks Rank of 2.

The consensus estimate for Interparfums’ current fiscal-year sales and earnings implies a decline of 0.1% and 8%, respectively, from the year-ago figures. IPAR delivered a trailing four-quarter earnings surprise of 8%, on average.

Key Takeaways Okta shares are up 36.6% YTD, helped by strong Q1 bookings, revenue growth and upbeat FY27 guidance.Newer products made up about 25% of Q1 bookings and drove roughly 40% ACV uplift when attached.AI-agent security is building a major pipeline, but competition and minimal AI revenue support a hold view. Okta (OKTA - Free Report) shares have appreciated 36.6% year to date (YTD), outperforming the broader Zacks Computer & Technology sector’s return of 16.5%. Following the first-quarter fiscal 2027 results on May 28, OKTA shares have jumped 24.7%, reflecting improving fundamentals and emerging AI-driven growth opportunities. The first-quarter results showed strong bookings, 11% year-over-year revenue growth, a rise in net retention to 107%, increasing sales productivity, low account-executive attrition and strong pipeline generation. OKTA also provided strong top-line growth guidance, which bodes well for investors. However, is this enough for the investors to jump into the stock? Let’s find out.

Okta Rides on Strong Demand for Newer SolutionsOkta’s newer products — especially Identity Governance (IGA), Privileged Access and AI-related offerings — are driving larger transactions and deeper customer penetration. Management disclosed that new products represented roughly 25% of fiscal first quarter bookings and generated around a 40% Annual Contract Value (ACV) uplift when attached to deals. Governance has also evolved into a true “land” product capable of displacing incumbents, while large enterprises continue consolidating more identity functions onto the Okta platform. This platformization story is boosting customer lifetime value, improving retention and creating a more durable growth profile than investors previously assumed. Customers with more than $100K in ACV increased 6% year over year to 5,180 in the fiscal first quarter.

Management repeatedly emphasized that AI-agent security is generating the largest pipeline build for any new product in Okta’s history, with customers urgently seeking solutions to discover, govern and authorize AI agents. Okta’s new AI products are already associated with materially larger deal sizes, while management believes enterprises will eventually have more AI identities than human identities. This creates a substantial new addressable market expansion beyond traditional workforce identity management and positions Okta as a foundational beneficiary of enterprise AI adoption.

OKTA benefits from its installed base of more than 20,000 customers, broad identity portfolio, and vendor-neutral position across AI ecosystems. Okta’s expanding partner base that now includes OpenAI, Anthropic, Google, Amazon, ServiceNow and others. This is allowing customers to secure agents across multiple environments. OKTA’s management argues that enterprises increasingly want an independent identity layer rather than being locked into a specific AI platform. Combined with growing partner-sourced business, rising traction in large enterprises and expanding integration networks, investors are increasingly viewing Okta as a strategic infrastructure provider.

These factors are expected to help OKTA shares appreciate. The company is facing stiff competition from the likes of Microsoft (MSFT - Free Report) , Palo Alto Networks (PANW - Free Report) and Cisco Systems (CSCO - Free Report) . YTD, Cisco and Palo Alto Networks have returned 56% and 54.5%, respectively, while Microsoft has dropped 17.4%.

OKTA Stock’s Price Performance
Image Source: Zacks Investment Research

OKTA Offers Positive FY27 GuidanceFor fiscal 2027, OKTA expects revenues between $3.185 billion and $3.205 billion, indicating 9-10% growth from the figure reported in fiscal 2026. Okta expects fiscal 2027 non-GAAP earnings between $3.79 and $3.87 per share.

The Zacks Consensus Estimate for Okta’s earnings has increased by four cents to $3.83 per share over the past 30 days. The earnings estimate suggests 9.4% growth over the figure reported in fiscal 2026. The consensus estimate for revenues is currently pegged at $3.20 billion, suggesting 9.5% growth from the figure reported in fiscal 2026.

Okta Suffers From Stiff CompetitionOkta is facing stiff competition from Microsoft, which management has identified as its primary competitor, particularly through bundled Entra identity capabilities included in Microsoft’s broader software packages. Cost-conscious customers who only need basic identity functionality may choose Microsoft’s bundled offering rather than pay separately for Okta’s solutions. At the same time, larger cybersecurity vendors such as Palo Alto Networks, CyberArk and others are expanding their identity capabilities, increasing competitive pressure as identity security becomes more strategic.

Okta needs to monetize its expanding AI offerings. Revenue contribution from AI Agents and Auth0 for AI Agents was minimal in the first quarter of fiscal 2027, and are not a meaningful driver of current guidance. Okta is initially using simplified seat-based pricing because enterprises are unsure how to budget for AI-agent consumption, which can be a headwind for the company’s monetization strategy.

Here’s Why OKTA is a Hold NowOKTA’s innovative portfolio and rich partner base are helping the company win clients. However, these drivers are not enough to justify a premium valuation as suggested by the Value Score of D.

In terms of forward 12-month price/sales (P/S), Okta is trading at 6.2X, higher than the median of 5.06X. However, OKTA is cheaper than Microsoft, Cisco and Palo Alto Networks, shares of which are trading at 7.82X, 7.05X and 17.27X, respectively.

OKTA Stock’s Valuation
Image Source: Zacks Investment Research

Okta currently has a Zacks Rank #3 (Hold), which implies that investors should wait for a more favorable point to start accumulating the stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Julian Emanuel, chief equity and quantitative strategist at Evercore, joins CNBC's 'Squawk on the Street' to discuss what's driving the markets, his bull case for the S&P 500, and more

Key Takeaways Energy's 25.2% YTD rally has made undervalued stocks harder to find after oil's jump.KMI's long-term take-or-pay contracts support steady revenues from pipeline and storage assets.CVE trades below the broader industry's EV/EBITDA average, backed by upstream and downstream operations. This year has seen the Iran-War, which culminated in the closure of the Strait of Hormuz, responsible for the passage of significant oil volumes that are consumed across the globe. The resulting supply concerns drove crude prices upward and renewed momentum across the broader energy space.

Against this backdrop, finding attractively priced opportunities in the energy space has become increasingly difficult following the sector’s strong gains this year. In this context, let’s take a closer look at two large-cap energy players — Kinder Morgan (KMI - Free Report) and Cenovus Energy Inc. (CVE - Free Report) — to see whether they still offer compelling value after the sector’s strong rally.

Energy Sector Rallied Following Oil Price’s Massive JumpThe price of West Texas Intermediate crude has jumped to more than $100 per barrel this year from a little above $70 per barrel a year ago. The Iran war had long been driving up the oil price. But, with the recent development that the United States and Iran have agreed on a framework deal to end the war and eventually reopen the Strait of Hormuz, the price of the commodity has dropped and is hovering around $80 per barrel.

Investors should note that the big rally in oil prices has driven the strong gain of the energy sector. Year to date, the sector as a whole surged 25.2%, marking a robust gain. Using our proprietary stock screener, we have zeroed in on two large-cap undervalued energy stocks.

Image Source: Zacks Investment Research

2 Energy Stocks With Cheap Valuations: KMI, CVEKinder Morgan operates an extensive network of pipelines spanning 78,000 miles, transporting natural gas, gasoline, crude oil and carbon dioxide. In addition, the company owns 136 terminals that store a variety of products, including renewable fuels, petroleum products, chemicals and vegetable oils.

As a leading large-cap midstream service provider, Kinder Morgan’s pipeline and storage assets are secured under long-term take-or-pay contracts. These contracts ensure that shippers pay for the capacity reserved, whether they utilize it or not, which provides a steady stream of revenues.

Currently, Kinder Morgan, carrying a Zacks Rank #2 (Buy), is undervalued, with a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 14.00x. This is below the broader industry average of 15.20x.

Image Source: Zacks Investment Research

Cenovus Energy is an integrated energy player with a presence in upstream and downstream businesses. With core operations in Canadian oil sands and North American refining, the company’s business model is relatively stable.

Currently, Cenovus Energy, sporting a Zacks Rank #1 (Strong Buy), is undervalued, with a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 6.75x. This is below the broader industry average of 7.30x. You can see the complete list of today’s Zacks #1 Rank stocks here.

Image Source: Zacks Investment Research

, /PRNewswire/ -- Content Partners and global investment firm Carlyle's (NASDAQ: CG) Global Credit platform today announced the successful closing of a single-asset continuation vehicle for Content Partners LLC (the "Company"), the leading independent owner of major studio-distributed films, television programming, and related participations.

The transaction includes the option for existing investors, including Carlyle Credit Opportunities Fund II ("CCOF II"), and new third party investors, as well as Carlyle Credit Opportunities Fund III ("CCOF III"), to participate and provides additional capital to support Content Partners' continued growth and acquisition strategy across the film and television ecosystem. Existing investors were provided with the option to realize liquidity or continue participating in the Company's future growth.

Founded in 2006 by Steven Blume and Steven Kram, Content Partners is an investment firm and asset manager focused on providing liquidity solutions to owners of media assets across film, television, music, and other entertainment properties. Today, the Company manages a portfolio of over 800 motion pictures and more than 3,000 hours of television content and is the largest independent owner of major studio-distributed content. Since the 2022 investment by Carlyle's Global Credit platform, Content Partners has significantly expanded its portfolio through strategic acquisitions and growth across its library of film and television assets.

"We are pleased to have supported Content Partners' success and look forward to continuing our partnership as the Company enters its next phase of growth with this new capital," said Benjamin Fund, Partner at Carlyle. "Content Partners has built a differentiated platform focused on high-quality film and television assets. The portfolio is characterized by what we believe are long-duration, largely uncorrelated cash flows that we think are well positioned to continue benefiting from sustained demand for premium library content. We look forward to partnering with the team to build on this success in the years to come."

"Content Partners is excited about the successful closing of this continuation vehicle, which delivers meaningful new capital to fuel our ongoing acquisition momentum while providing existing investors with attractive liquidity options," said Steven Kram, Co-Founder and CEO; Steven Blume, Co-Founder, CFO, and COO; and John Mass, President of Content Partners. "We appreciate the strong ongoing support from Carlyle and are confident this transaction will help us further strengthen our position as the leading independent owner of premium studio film and television assets. We're eager to build on this momentum by continuing to pursue compelling film and television opportunities that will expand our market-leading library and deliver outstanding long-term value."
Carlyle's Credit Opportunities strategy within the firm's Global Credit platform seeks to provide highly structured and privately negotiated solutions across the capital structure to family, founder, and management-owned businesses, sponsor-backed companies, and special situations, with a focus on long-term value creation. Carlyle's Global Credit platform has $209 billion in assets under management as of March 31, 2026.

Moelis & Company LLC served as financial advisor to Carlyle. Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Carlyle. Latham & Watkins LLP served as legal counsel to Content Partners.

About Carlyle 
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle's purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

About Content Partners LLC
Content Partners is a Los Angeles-based investment company founded in 2006 by Steven Blume and Steven Kram, and is the worldwide leader in acquiring films, television programming, and related royalties. The company purchases such assets from investors, producers, writers, directors, actors, and musicians. Target acquisitions include film, television, and music assets that are generating cash flow and have long-term distribution deals with major studios, networks, publishers, and other distribution channels. Since its inception, Content Partners has acquired interests in over 800 studio-release films and more than 3,000 hours of television.

Media Contacts

Prosek for Carlyle

[email protected]

Content Partners

Michal Mitchell
[email protected]

SOURCE Content Partners

Ondas will present its unified systems of systems architecture connecting air defense, aerial intelligence, ground robotics, loitering mission systems, and AI-powered command software into one autonomous operational force

New systems and integrated solutions launching at Eurosatory include Iron Wave, Dual Shield, MODUS, Scout Cyber-over-RF, Iron Arrow, and LADOS, expanding Ondas' unified autonomous architecture

Ondas will highlight its European joint venture ONBERG advancing local manufacturing, deployment, and support capabilities for autonomous drone defense systems across Europe

WEST PALM BEACH, FL / ACCESS Newswire / June 16, 2026 / Ondas Inc. (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous drone and advanced defense technologies, today announced the launch of new autonomous defense systems and integrated systems of systems solutions at Eurosatory 2026 under its "Autonomy at First Contact" vision. At Eurosatory, Ondas is presenting products and solutions across five core technology categories: Air Defense, Aerial Intelligence, Aerial One-Way Attack, Ground Robotics, and AI Software. The Company is also launching new integrated systems of systems designed to connect these capabilities into one coordinated autonomous operational force.

Modern defense and homeland security missions are entering a new era. Threats are moving faster, unmanned systems are reshaping the battlefield, and critical operations across military, homeland security, public safety, and critical infrastructure environments are becoming more complex. The first line of contact is no longer only human. Ondas is building for this new reality by integrating combat-proven autonomous systems into one unified system-of-systems architecture designed to allow technology to make first contact before humans are exposed.

At Eurosatory, Ondas presents its unified autonomous architecture to defense forces, homeland security agencies, and public safety organizations from allied nations. The Company's platform connects air defense, aerial intelligence, ground robotics, loitering mission systems, sensors, and AI-powered command software into one autonomous operational force designed to sense, decide, orchestrate, execute, and assess across multiple domains and mission environments.

"Eurosatory marks an important milestone for Ondas as we launched new autonomous defense systems and presented our system-of-systems architecture to European and allied defense markets," said Eric Brock, Chairman and CEO of Ondas. "Europe is a central pillar of our long-term growth strategy, and we believe the region's defense forces, homeland security agencies, and critical infrastructure operators require sovereign, scalable, and mission-ready autonomous systems to address rapidly evolving threats. Through ONBERG, our European joint venture, we are strengthening our local industrial foundation and customer support capabilities while bringing Ondas' integrated autonomous defense technologies to one of the world's most important allied defense markets."

Together with a wide range of systems and solutions in the fields Air Defense, Aerial Intelligence, Aerial One-Way Attack, Ground Robotics, and AI Software, Ondas launches new systems and integrated solutions across the critical layers of modern defense and security operations, including Iron Wave, Dual Shield, MODUS, Scout Cyber-over-RF, Iron Arrow, and LADOS.

Iron Wave is an integrated autonomous defense solution built around combat-proven unmanned ground vehicle capabilities, containerized rapid deployment, tactical first-line operations, and integrated ground and air defense. It is designed to support forward-deployed missions where autonomous systems can provide first-contact capabilities before soldiers or first responders are exposed.

Dual Shield is a modular truck-mounted counter-UAS solution designed for maneuvering forces. The system is intended to provide mobile layered protection against unmanned aerial threats, supporting forces operating across dynamic and contested environments.

MODUS is a modular under-layer and low-altitude solution for dismounted and maneuvering ground forces. It is designed to support tactical operators with autonomous sensing, protection, and response capabilities close to the operational edge.

Scout Cyber-over-RF is a mobile counter-UAS solution designed for field operators. The system extends Ondas' counter-drone capabilities to mobile teams requiring flexible, rapid, and operationally deployable protection against hostile drones.

Iron Arrow is Ondas' new long-range interceptor platform, designed to provide a new level of autonomy and scale for defense against unmanned platforms.

LADOS is a layered autonomous defense orchestration system designed to control autonomous operations across air, ground, and security environments. LADOS connects sensors, autonomous systems, communications, and effectors into one operational ecosystem, enabling faster detection, smarter decisions, synchronized mission execution, and real-time situational understanding.

Together, these systems expand Ondas' unified autonomous architecture across air defense, aerial intelligence, ground robotics, loitering mission systems, and AI-powered command software. The launch follows a series of strategic business moves by Ondas, including the expansion of its defense and security technology base, continued integration of acquired autonomous systems capabilities, and the establishment of ONBERG to support local manufacturing, deployment, and customer access across Europe. Ondas believes these steps position the Company to scale its system-of-systems strategy across allied defense, homeland security, public safety, and critical infrastructure markets, while supporting future growth through additional deployments, partnerships, and regional industrial capabilities.

About Ondas Inc.

Ondas Inc. (NASDAQ:ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion solutions, demining and engineering systems, and integrated sensing and communications technologies designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas' solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.

For additional information on Ondas Inc., visit www.ondas.com.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Contacts

IR Contact for Ondas Inc.
888-657-2377
[email protected]

Media Contact for Ondas Inc.
Escalate PR
[email protected]

Preston Grimes
Marketing Manager, Ondas Inc.
[email protected]

SOURCE: Ondas Inc.

WEST PALM BEACH, FL / ACCESS Newswire / June 16, 2026 / ELEKTROS Inc. (OTC PINK:ELEK), publicly traded under ticker symbol ELEK, today expressed appreciation to shareholders, supporters, and investors worldwide as growing market awareness and momentum continue surrounding the Company's long-term vision involving hard rock lithium mining and patented EV charging technology.

As financial markets continue trading near historic highs, management believes investor attention toward lithium supply chains, EV infrastructure, and emerging energy technologies continues strengthening throughout the global microcap marketplace.

Reuters recently reported that expanding high-speed charging infrastructure remains one of the most important components necessary for accelerating electric vehicle adoption worldwide, as governments and major corporations continue investing billions into EV charging expansion initiatives.

Bloomberg News has also highlighted the critical importance of lithium for electric vehicle batteries, emphasizing that lithium remains one of the most essential raw materials powering the global EV revolution and the future of large-scale energy storage technologies.

"This is a very exciting and meaningful time for our Company," stated Shlomo Bleier, CEO of ELEKTROS Inc. "We are extremely grateful for the growing awareness and support we continue receiving from investors globally. Our vision involving hard rock lithium mining and advanced EV patent technology continues attracting increasing attention from investors around the world."

Management further stated that the Company remains committed to long-term shareholder value creation while continuing to pursue strategic opportunities within the lithium and EV infrastructure sectors.

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of applicable securities laws. These statements involve risks, uncertainties, and assumptions that may cause actual results to differ materially from those expressed or implied. Investors are encouraged to conduct their own independent due diligence before making any investment decisions.

ELEKTROS Inc.
Publicly Traded (Ticker Symbol: ELEK)
West Palm Beach, Florida
Phone: 786-477-9003
Email: [email protected]
Website: www.elektros.energy

SOURCE: Elektros, Inc.

WEST PALM BEACH, FL / ACCESS Newswire / June 16, 2026 / ELEKTROS Inc. (OTC PINK:ELEK), publicly traded under ticker symbol ELEK, today expressed appreciation to shareholders, supporters, and investors worldwide as growing market awareness and momentum continue surrounding the Company's long-term vision involving hard rock lithium mining and patented EV charging technology.

As financial markets continue trading near historic highs, management believes investor attention toward lithium supply chains, EV infrastructure, and emerging energy technologies continues strengthening throughout the global microcap marketplace.

Reuters recently reported that expanding high-speed charging infrastructure remains one of the most important components necessary for accelerating electric vehicle adoption worldwide, as governments and major corporations continue investing billions into EV charging expansion initiatives.

Bloomberg News has also highlighted the critical importance of lithium for electric vehicle batteries, emphasizing that lithium remains one of the most essential raw materials powering the global EV revolution and the future of large-scale energy storage technologies.

"This is a very exciting and meaningful time for our Company," stated Shlomo Bleier, CEO of ELEKTROS Inc. "We are extremely grateful for the growing awareness and support we continue receiving from investors globally. Our vision involving hard rock lithium mining and advanced EV patent technology continues attracting increasing attention from investors around the world."

Management further stated that the Company remains committed to long-term shareholder value creation while continuing to pursue strategic opportunities within the lithium and EV infrastructure sectors.

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of applicable securities laws. These statements involve risks, uncertainties, and assumptions that may cause actual results to differ materially from those expressed or implied. Investors are encouraged to conduct their own independent due diligence before making any investment decisions.

ELEKTROS Inc.
Publicly Traded (Ticker Symbol: ELEK)
West Palm Beach, Florida
Phone: 786-477-9003
Email: [email protected]
Website: www.elektros.energy

SOURCE: Elektros, Inc.

Artificial intelligence (AI) has created a terrific demand for several hardware components used in data centers to help train AI models and run inference applications. The demand for some of these components, such as memory chips, has exceeded supply, thereby creating a significant shortage that's expected to last for years.

In fact, memory chips are expected to remain in short supply until the end of the decade. That's because memory solves an important bottleneck in the AI infrastructure ecosystem, enabling the rapid transport of massive amounts of data that allows accelerator chips to unlock their full potential.

However, the need to quickly transmit large datasets is also driving significant demand for optical networking components. Goldman Sachs sees optical networking as the next megatrend in the AI infrastructure space. The investment bank estimates that the total addressable market (TAM) of optical networking components could jump by a whopping 9x to $154 billion in just two years.

That's great news for Lumentum Holdings (LITE 8.55%), Ciena (CIEN 7.04%), and Coherent (COHR 7.46%), three optical networking specialists that have jumped impressively in 2026 so far. Let's see why these three AI stocks have room for more upside.

Image source: Getty Images.

Lumentum, Ciena, and Coherent have been delivering phenomenal earnings growth The parabolic jump in demand for optical networking components has created a massive supply shortage. According to management consulting firm McKinsey, optical transceivers that transfer data at 800 gigabits per second (Gbps) will fall short of demand by 40% to 60% through 2027. Meanwhile, optical transceivers capable of transporting data at 1.6 terabits per second (Tbps) will fall short of demand by 30% to 40% through 2029.

This explains why Lumentum, Ciena, and Coherent have been witnessing stunning earnings growth lately.

Data by YCharts

Importantly, their red-hot earnings growth is here to stay. We have already seen that Goldman Sachs anticipates a stunning rise in the optical networking TAM, and it is unlikely that equivalent supply will come online so quickly. Not surprisingly, all three companies noted in their latest earnings calls that demand will exceed supply.

This explains why these companies can raise the prices of their products. For example, Lumentum CEO Michael Hurlston remarked on the May earnings call that "there's room from here to continue to really step up margin." The company's non-GAAP earnings per share increased by just over 4x year over year to $2.37 per share.

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Lumentum's earnings are expected to increase by 236% year over year in the ongoing quarter, while its full-year earnings could jump by 4x, according to consensus estimates. Ciena, which recently released its fiscal 2026 second-quarter results (for the quarter ended May 2), posted a 290% year-over-year increase in earnings. Even better, Ciena raised its full-year forecast due to improving demand for optical components.

The company's backlog increased by more than $600 million sequentially in fiscal Q2, taking its overall backlog to an impressive $7.7 billion. That's higher than Ciena's fiscal 2026 revenue guidance of $6.3 billion, suggesting that it can further increase guidance as the year progresses. So, don't be surprised if Ciena's fiscal 2026 earnings growth exceeds the 147% spike analysts are estimating.

Coming to Coherent, the company clocked a 55% year-over-year increase in earnings per share to $1.41 in the third quarter of fiscal 2026 (which ended on March 31). Just like the other two companies, Coherent is also focused on rapidly expanding its production capacity to meet rapidly rising end-market demand.

Importantly, Coherent management notes that it is now receiving orders for calendar 2028 and is signing long-term agreements (LTAs) with customers that extend into 2030. Not surprisingly, Coherent anticipates its fiscal 2027 growth rate to improve from this fiscal year's levels. Analysts are expecting a 55% increase in its earnings in the current fiscal year to $5.45 per share, and the good part is that its growth is likely to accelerate nicely going forward.

Data by YCharts

These stocks are expensive, but investors should look at the bigger picture All three stocks have appreciated substantially this year, which explains why they are trading at expensive multiples.

Data by YCharts

However, the chart above also shows that their forward earnings multiples are significantly lower. That's because all three companies are on track to deliver substantial increases in earnings. Also, the dynamics of the optical networking market, where demand is likely to substantially exceed supply due to the enormous investments in AI data centers, suggest that these companies can sustain their terrific growth rates beyond the next three years.

That's why investors looking to add growth stocks capitalizing on the next big AI megatrend can consider buying Lumentum, Ciena, and Coherent before they soar higher.

Comcast’s Xfinity today announced the rollout of same-day WiFi equipment (Gateway) delivery for new Xfinity Internet customers in nearly 20 markets, with plans to roll out to the entire Xfinity footprint by early 2027, giving households a faster, more convenient way to get online, often within hours. And, for the first time, all customers can opt to pick up their WiFi equipment in-store the same-day they sign up. With this news, Xfinity becomes the first wired major Internet provider to offer same-day WiFi connectivity, redefining how quickly customers can get connected and up and running at home.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615580667/en/

Xfinity Same-day WiFi

Xfinity is eliminating friction and transforming how customers get connected. With a simple sign-up, new Xfinity Internet customers can pick up their Gateway in-store, and, eligible customers can receive their Gateway at their doorstep the same day they sign up, unlocking access to the nation’s best WiFi almost instantly.

“In a world where almost everything is instant, home Internet shouldn’t be an exception,” said Eric Jagher, SVP & GM Connectivity at Comcast’s Xfinity. “With Xfinity’s same-day WiFi we’ve giving customers access to the nation’s fastest, most reliable connectivity the moment they need it. Packed with multi-gig speeds, powerful in-home WiFi, cybersecurity and parental controls, and a network built to keep up with today’s connected homes, Xfinity makes it easy to get online right away whether you’re moving or starting fresh.”

Connect to the Nation’s Most Reliable WiFi Day One
Consumers can connect to Xfinity Internet on day one, which was recently ranked the nation’s most reliable WiFi with the most consistent quality, download speed, and video experience by Opensignal.iNew customers now will have the option to choose from same-day pick up at over 700 Xfinity Stores nationwide or, if available, same-day Gateway delivery to their home. And, even before the Gateway arrives, customers have free access to Xfinity’s network of more than 23 million secure WiFi hotspots the moment they sign up.

Here’s how same-day WiFi works:

Sign Up: Sign up for Xfinity Internet at Xfinity.com. Eligible customers select same-day Gateway delivery during checkout. Set Up: An Xfinity Gateway is delivered directly to their doorstep within hours. Customers can simply plug-and-play their device to get up and running. Start Up: Customers self-install and activate service in minutes through the Xfinity app. They can immediately connect devices, personalize their WiFi settings, and manage their home network. Customers also taking one of Xfinity’s Entertainment offerings can get immediate access to their favorite shows and movies through the Xfinity Stream app. Once service is activated, customers can log in and start watching.

Built on The Nation’s Best WiFi
Xfinity Internet delivers fast, reliable WiFi that modern households need to support hundreds of connected devices simultaneously – from 4K streaming to hybrid work, video calls, smart home devices, AI-powered applications and cloud gaming.

At the center is the Xfinity Gateway, delivering multi-gig speeds, ultra-low lag connectivity, seamless wall-to-wall coverage and a best-in-class cybersecurity protection that automatically blocks threats at the Gateway level. Customers also can control and customize their in-home WiFi experience in the Xfinity app, where they can set advanced parental controls, onboard new devices and more.

All new Xfinity Internet customers receive one Mobile Select line for one year on Xfinity Mobile, Xfinity’s mobile service that combines access to 23 million WiFi hotspots with the nation’s most reliable 5G and delivers significant savings, with customers cutting their bill in half when they switch. Xfinity Mobile customers get speeds up to one Gig when connected to Xfinity WiFi with WiFi PowerBoost. In addition, earlier this year, Xfinity Mobile launched Mobile Plus, a first-of-its kind premium plan that includes Lifetime Device Protection for phones, tablets and smartwatches, Device Upgrades anytime, and Global Travel Pass all in one low monthly price.

Availability
Starting today, same-day Gateway delivery is available in Atlanta, Chicago, Denver, Houston, Nashville, Philadelphia, and San Francisco, among others, with plans to roll out to the entire Xfinity footprint by early next year. Same-day Gateway pick-up in-store is available today to all customers across all 700 Xfinity stores nationwide. ii

For more information or to sign up, visit www.xfinity.com.

About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

i Armstrong-Mills, USA, May 2026, Opensignal “Fixed Broadband Experience Report”
ii Order must be placed by 3pm to qualify for same-day WiFi.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260615580667/en/

The commitment, up to USD8 million, underscores investor confidence in healthcare growth opportunities across Southeast Asia, the sector's resilience amid global uncertainty, and TVM Capital Healthcare's proven track record achieving superior financial returns and impact outcomes June 16, 2026 03:00 ET  | Source: TVM Capital Healthcare

SINGAPORE, June 16, 2026 (GLOBE NEWSWIRE) -- TVM Capital Healthcare today announced that Australian Development Investments (ADI) has committed up to USD $8 million to the firm's Southeast Asia Fund through its Investing in Women window. The investment supports growth capital for healthcare companies that expand access to affordable, quality care while advancing women’s leadership, workforce participation, and patient outcomes in line with the 2X Criteria.

The commitment underscores strong investor confidence in TVM Capital Healthcare's Southeast Asia strategy, its long-standing track record in healthcare, and its ability to identify and scale companies that expand access to high-quality, affordable healthcare across emerging markets. It also highlights the firm’s impact in advancing female leadership, creating meaningful employment for men and women, and addressing critical gaps in underserved areas such as women’s healthcare.

Healthcare continues to demonstrate resilience as an investment sector amid global economic and geopolitical uncertainty. Demand for healthcare services remains driven by fundamental demographic and societal needs, creating opportunities for sustainable growth while addressing critical healthcare challenges across Southeast Asia.

With nearly four decades of global healthcare investing and operating experience and more than 15 years focused on emerging markets, TVM Capital Healthcare has built a differentiated model that combines investment expertise with hands-on operational support. The firm partners with healthcare companies that expand access to care, improve patient outcomes, strengthen healthcare infrastructure outside of the traditional hospital-setting, and support national healthcare priorities.

"We are pleased to welcome ADI as partners in our Southeast Asia Fund," said Hoda Abou-Jamra, Co-Founder and Managing Partner at TVM Capital Healthcare. "Their commitment reflects a shared conviction that healthcare is currently one of the most compelling sectors for long-term investment in Southeast Asia to achieve both superior financial performance and impact outcomes. Together, we look forward to supporting healthcare companies that expand access to quality care, strengthen healthcare systems, and create sustainable value for patients, communities, and investors.”

"At a time when many investors are seeking resilient sectors with strong long-term fundamentals, TVM Capital Healthcare's experience, local and hands-on approach, and established track record in emerging markets position the firm as a strong partner for achieving both commercial and development objectives," said Ralitsa Rizvanolli, Head of Investments from Sarona Asset Management – ADI’s investment manager.

ADI is an initiative of the Australian Government, managed by the Department of Foreign Affairs and Trade (DFAT), and is implemented by its investment manager, Sarona Asset Management, together with technical assistance partners SAGANA and OnePointFive. ADI seeks to play a catalytic role in mobilising private capital into investments that expand access to essential services, drive climate impact, and advance women’s economic participation across Southeast Asia.

TVM Capital Healthcare looks forward to working closely with ADI and its implementation partners to further strengthen the Fund's capabilities and support portfolio companies as they scale operations, enhance their gender-lens approach as well as their climate and sustainability practices, and expand access to healthcare across the region. The technical assistance resources available through the ADI, alongside investment capital, are expected to further support value creation at both the fund and portfolio company levels.

TVM Capital Healthcare’s Southeast Asia fund focuses on healthcare companies operating in high-growth sectors including specialty care for long-term and chronic conditions, disease prevention, women’s healthcare, as well as pharmaceutical and medical device manufacturing. The fund seeks to capitalize on growing healthcare demand across the region, driven by rising incomes, aging populations, expanding healthcare coverage, and increasing expectations for world-class care.

ADI’s commitment follows the successful first closing of TVM Capital Healthcare's Southeast Asia Fund in September 2025 and builds on the firm's long-standing experience investing and operating healthcare businesses across emerging markets. It also follows the oversubscribed closing of TVM Capital Healthcare's US$254 million Afiyah Fund in the Middle East in 2024.

About TVM Capital Healthcare

TVM Capital Healthcare is a global private equity investor and operator focused exclusively on healthcare growth capital across Southeast Asia and the Middle East. With nearly 40 years of healthcare investing and operating experience globally and more than 15 years in emerging markets, the firm partners with companies that expand access to quality healthcare, improve patient outcomes, and strengthen healthcare systems while delivering attractive returns for investors. For more about TVM Capital Healthcare, visit www.tvmcapitalhealthcare.com.

For inquiries, please contact:
Holly Radel
Head of Sustainability and Strategic Communications
TVM Capital Healthcare

Marvell is positioned for multi-year high revenue growth as hyperscalers expand custom chip programs and rely on MRVL's networking and advanced packaging IP. Custom chip revenue already contributes about $1.6B in TTM revenues. This is expected to grow to over $10B over the next 3 years. With ~45% YoY revenue growth and operating expenses growing in the mid-teens YoY range, there is a case for margin expansion. I expect almost 400bps over the next 2 years.

Several Wall Street analysts commented on Marvell (NASDAQ: MRVL) last week, setting new or reiterating their existing Marvell stock price targets for the next 12 months.

Most notably, B. Riley Securities analyst Craig Ellis increased his MRVL share price forecast from $240 to $345 on June 11, maintaining a ‘Buy’ rating on the semiconductor.

The upgrade came after Marvell announced changes in the CFO position and reaffirmed its second-quarter fiscal 2027 guidance, while Ellis cited the firm’s deepening relationship with Nvidia (NASDAQ: NVDA) as another important catalyst.

Wall Street reacts to Marvell’s CFO changes On the same day, Rosenblatt Securities analyst Kevin Cassidy reiterated his ‘Buy’ rating and Marvell stock price target of $240. Cassidy described the aforementioned management changes as likely ‘seamless’ given that the new CFO, Dan Durn, has an extensive industry background.

A day later, on June 12, Oppenheimer’s Rick Schafer doubled down on his $250 MRVL price target and ‘Buy’ rating, while Tore Svanberg at Stifel Nicolaus reaffirmed his ‘Buy’ recommendation and $321 price target. 

Svanberg first offered the price following a keynote address delivered by Marvell CEO Matt Murphy at COMPUTEX 2026 on June 1, which the analyst note said reaffirmed the firm’s data-infrastructure mission. 

Wall Street sets Marvell stock price for the next 12 months Up nearly 250% year-to-date, Marvell boasts a bullish ‘Strong Buy’ Wall Street rating and an average $252 price forecast for the next 12 months, which, however, implies an 18% downside based on TipRanks statistics.

MRVL price forecast 2027. Source: TipRanks As for more short term price forecasts, some recent analyses see Marvell rallying more than 10% by the end of June 2026, inspired by consistent performance this year and as well as comments made by the likes of Nvidia CEO Jensen Huang, who suggested Marvell could be the next $1 trillion firm.

Featured image via Shutterstock

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On June 16, 2026, we present a DCF analysis for Monster Beverage Corp MNST , a company that has shown impressive price performance recently, with a year-to-date increase of 21.6% and a one-year increase of 47.8%. The current price of MNST stands at $93.23.

DCF Earnings-based intrinsic value: $44.24 vs price: $93.23 (margin of safety: -110.7%) DCF FCF-based intrinsic value: $40.87 vs price: $93.23 (second opinion margin of safety: -128.1%) GF Score™: 98/100 indicates high reliability of the DCF inputs What Is MNST Worth? DCF Earnings-Based Model The DCF earnings-based model for Monster Beverage Corp utilizes a two-stage growth model. In the first stage, we assume a robust growth rate of 13.7% for the next ten years, followed by a terminal growth rate of 4% for the subsequent ten years. The discount rate applied is 11%, which is derived from the risk-free rate and equity risk premium.

Parameter Value Current EPS (TTM, excl. non-recurring) $2.16 10-Year Growth Rate 13.7% 10-Year Treasury Rate 4.44% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The calculation summary for the DCF earnings-based model is as follows:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 13.7%, discounted at 11% $24.71 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $19.53 Intrinsic Value Growth + Terminal $44.24 With the current price at $93.23, the intrinsic value of $44.24 indicates that MNST is significantly overvalued, with a margin of safety of -110.7%. It is important to note that GuruFocus uses EPS without non-recurring items, as research shows stock prices correlate more closely with earnings than free cash flow. For further details, visit the MNST DCF Calculator.

What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for Monster Beverage Corp is calculated at $40.87. When comparing this with the earnings-based intrinsic value of $44.24, both models agree that the stock is significantly overvalued, with a margin of safety of -128.1%.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for Monster Beverage Corp is $76.63, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure calculated from historical trading multiples, past business growth, and future performance estimates. All three models—DCF earnings, DCF FCF, and GF Value™—indicate that MNST is overvalued. For more insights, visit the GF Value™ page.

What Does MNST's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).

Metric Rating GF Score™ 98/100 Financial Strength 10/10 Profitability 10/10 Growth 10/10 Valuation 6/10 Momentum 9/10 With a predictability rank of 2/5 stars, the DCF model's reliability for MNST is lower compared to stocks with higher predictability ratings. For more information, visit the MNST stock page.

Key Assumptions and Limitations It is important to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings, such as MNST, produce less reliable DCF estimates. The terminal growth rate of 4% used in this analysis is a simplifying assumption that may not reflect future realities.

What This Means for Investors In conclusion, all three valuation models—DCF earnings, DCF FCF, and GF Value™—indicate that Monster Beverage Corp is significantly overvalued. Investors should exercise caution when considering this stock. For the full DCF analysis, visit the MNST DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

Frequently Asked Questions What is MNST's intrinsic value based on DCF?

Answer: earnings-based $44.25, FCF-based $40.87

Is MNST overvalued or undervalued?

Answer: Based on DCF and GF Value™ consensus, MNST is overvalued.

How reliable is the DCF model for MNST?

Answer: The predictability rank is 2/5, indicating lower reliability for the DCF model.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Key Takeaways DexCom received FDA clearance for Stelo use in children above 2 years of age who do not use insulin.Stelo delivers glucose readings and trends every 15 minutes through a compatible smartphone.Built on DexCom's G7 platform, Stelo offers up to 15 days of sensor wear and app insights. DexCom (DXCM - Free Report) received FDA clearance for its Stelo Glucose Biosensor System for use in children aged two years and older who do not use insulin. The clearance expands access to the company’s over-the-counter (OTC) continuous glucose monitoring (CGM) system, which was previously approved for adults aged 18 years and older in March 2024.

Michelle Tarver, director of the FDA’s Center for Devices and Radiological Health, stated that children should have access to the best tools available to manage their health. The clearance underscores the agency’s commitment to encouraging innovation in medical devices designed for pediatric patients.

Likely Trend of DXCM Stock Following the NewsShares of DexCom have lost 1.5% since the announcement on Friday. Year to date, the stock has gained 11.8%, outperforming the industry’s 17% decline and the S&P 500’s 10.4% rise.

The FDA clearance of Stelo for pediatric use may strengthen DexCom’s position in the growing diabetes technology market. By expanding the addressable market beyond adults, the company can reach a larger population of children with diabetes, prediabetes and other individuals seeking greater awareness of glucose levels. The development is expected to support long-term growth opportunities while reinforcing DexCom’s leadership in continuous glucose monitoring solutions.

DXCM currently has a market capitalization of $29.08 billion.

Image Source: Zacks Investment Research

More on the NewsStelo is the first FDA-cleared OTC CGM system available for children who do not use insulin. The wearable sensor is designed to continuously measure glucose levels and deliver insights directly to a compatible smartphone through the Stelo app. The device provides glucose readings and trend information every 15 minutes and can be connected to a caregiver’s smartphone for monitoring support.

Built on DexCom’s G7 platform, Stelo offers up to 15 days of sensor wear and is intended for children with diabetes who manage their condition using oral medications, as well as individuals seeking to understand how diet, exercise and lifestyle choices affect glucose levels. The system is designed to provide greater glycemic awareness and help users identify patterns that can support healthier long-term outcomes.

The pediatric clearance follows recent enhancements to the Stelo app platform, including AI-powered features such as pattern recognition, personalized summaries and proactive coaching. These tools are intended to provide a more intuitive experience for users seeking deeper insights into their metabolic health and glucose trends.

Industry Prospects Favoring the MarketGoing by the data provided by Grandview Research, the continuous glucose monitoring (CGM) devices market was valued at $15.47 billion in 2026 and is expected to witness a CAGR of 15.1% through 2033.

Factors like the growing cases of diabetes, the increasing adoption of CGM devices, growing clinical needs, technological innovation and shifting care models are boosting the market’s growth.

Other NewsAt the recent Investor Day event, DexCom unveiled its next-generation CGM, the Dexcom G8 system, which is expected to be launched in late 2027 or early 2028. Features include step change improvement in glucose performance, a 50% smaller form factor than Dexcom G7 and advanced sensing capabilities.

DXCM’s Zacks Rank & Key PicksDexCom currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the broader medical space are West Pharmaceutical (WST - Free Report) , Globus Medical (GMED - Free Report) and Biodesix (BDSX - Free Report) .

West Pharmaceutical, sporting a Zacks Rank #1 (Strong Buy) at present, reported first-quarter 2026 earnings per share (EPS) of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%. You can see the complete list of today’s Zacks #1 Rankstocks here.

West Pharmaceutical has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in the trailing four quarters, the average surprise being 19.4%.

Globus Medical, currently carrying a Zacks Rank #2 (Buy), reported first-quarter 2026 adjusted EPS of $1.12, which surpassed the Zacks Consensus Estimate by 22.1%. Revenues of $759.9 million beat the Zacks Consensus Estimate by 4.0%.

Globus Medical has an estimated long-term earnings growth rate of 10.2%. GMED’s earnings beat estimates in the trailing four quarters, the average surprise being 26.3%.

Biodesix, currently carrying a Zacks Rank of 2, reported a first-quarter 2026 adjusted loss per share of 81 cents, which was 35.71% narrower than the Zacks Consensus Estimate. Revenues of $26 million beat the Zacks Consensus Estimate by 12.3%.

BDSX has an estimated earnings growth rate of 36% for 2026. The company beat earnings estimates in three of the trailing four quarters and missed once, the average surprise being 25.6%.