Live financial news intelligence

Track market-moving stories before they get noisy

Real-time pulse of financial headlines curated from 5 premium feeds.

Latest market signal English
Coverage 106,527 Raw stories ingested 10,437 rewritten in CS_CZ • 1 to rewrite (last 2 days).
Agents 7 Live Pipeline agents
  • FMP Stock News Fetch every minute running now
  • FMP Forex News Fetch every 5 min 4m ago
  • CoinGecko News Fetch every 5 min 4m ago
  • FIO Stock News Fetch every 10 min 3m ago
  • Patria Stock News Fetch every 10 min 3m ago
  • Editorial rewrite Rewrite every minute 1m ago
  • Asset sync Assets every 1 hour 23m ago

Latest coverage

Market News Feed

Scan headlines quickly, then expand any story for source context.

View
Details Date Content Source
2026-06-16 01:55 1mo ago
2026-06-15 20:25 1mo ago
Google Just Went All in on Its Deal With Intel
INTC Intel
FMP Stock News
Original source text
One of the key tenets of Alphabet's (GOOGL +2.56%) (GOOG +2.38%) artificial intelligence (AI) strategy has long been the company's custom-built semiconductors. The Google parent first developed its Tensor Processing Units (TPUs) more than a decade ago, and these custom processors were "purpose-built specifically for AI," according to the company, becoming a key part of its strategic advantage.

These application-specific integrated circuits (ASICs) are "a chip designed for a single, specific purpose," according to Google: providing the computational horsepower for "running the unique matrix and vector-based mathematics that's needed for building and running AI models."

Alphabet's latest move turned heads, and the company appears to be going all-in on its deal with Intel (INTC +2.64%).

Image source: The Motley Fool.

A pairing of titansIntel and Alphabet have been collaborating for years, developing specialized processors for AI, but those chips have been manufactured by Taiwan Semiconductor Manufacturing (TSMC). However, as the AI boom continues to gain steam, TSMC has been struggling to keep up with the relentless demand. That's where Intel comes in.

Google has reportedly placed an order for 3 million TPUs with Intel to be delivered through 2028. This newfound confidence comes after Google spent months testing Intel's chip packaging technology to ensure the company could meet its rigid standards.

An order of this magnitude could be a game changer for Intel, suggesting Google is no longer willing to rely solely on TSMC for its advanced chipmaking needs. This would give the company an additional source of AI-centric chips, helping it avoid bottlenecks that result from relying on a single provider. It could also serve as further validation for Intel's recently reinvigorated foundry business, driven by the ongoing demand for AI.

Today's Change

(

2.56

%) $

9.22

Current Price

$

368.90

At the heart of Google's AI strategyThese custom processors have become an increasingly important part of Alphabet's cloud and AI strategy. Earlier this year, at the company's Cloud Next conference, Google introduced two powerful new AI chips that differed from their predecessors in one key way. Whereas the company had previously focused its efforts on all-purpose TPUs, this year saw the release of two distinct architectures -- the TPU 8t and TPU 8i. As you may have guessed, the TPU 8t is dedicated to training workloads, while the TPU 8i was designed for inference.

At the unveiling, Amin Vahdat -- Google's senior VP and chief technologist for AI and infrastructure -- noted that in a world of AI agents, "we determined the community would benefit from chips individually specialized to the needs of training and serving," he said. The Google exec said that this "specialization unlocks significant efficiencies and gains." Specifically, the company has been able to run its most demanding AI workloads "two to four times faster and at a 30% lower cost" than with its previous-generation TPUs.

Google recently announced that it will sell TPUs "to a select group of customers," a notable shift from its historical practice of only using these chips internally. Executives said this decision will significantly "expand our total addressable market."

This has helped fuel a sizeable increase in Google's backlog, which nearly doubled year over year to $460 billion.

For all that opportunity, Alphabet stock is selling for a song at just 28 times earnings. Time to buy before the market comes to its senses.

Danny Vena, CPA has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Intel, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.
2026-06-16 01:52 1mo ago
2026-06-15 20:02 1mo ago
T-Mobile Declares Quarterly Cash Dividend
TMUS T-Mobile
FMP Stock News
Original source text
-

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile” or “the Company”) announced today that the Company’s Board of Directors has declared a cash dividend of $1.02 per share on its issued and outstanding shares of common stock. The dividend is payable on September 10, 2026 to stockholders of record as of the close of business on August 28, 2026.

About T-Mobile US, Inc.

As the supercharged Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is powered by an award-winning 5G network that connects more people, in more places, than ever before. With T-Mobile’s unique value proposition of best network, best value and best experiences, the Un-carrier is redefining connectivity and fueling competition while continuing to drive the next wave of innovation in wireless and beyond. Headquartered in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Mint Mobile. For more information, visit https://www.t-mobile.com.

More News From T-Mobile US, Inc.

Back to Newsroom
2026-06-16 01:52 1mo ago
2026-06-15 21:00 1mo ago
T-Mobile Declares Quarterly Cash Dividend
TMUS T-Mobile
FMP Stock News
Original source text
T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile” or “the Company”) announced today that the Company’s Board of Directors has declared a cash dividend of $1.02 per share on its issued and outstanding shares of common stock. The dividend is payable on September 10, 2026 to stockholders of record as of the close of business on August 28, 2026.

About T-Mobile US, Inc.

As the supercharged Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is powered by an award-winning 5G network that connects more people, in more places, than ever before. With T-Mobile’s unique value proposition of best network, best value and best experiences, the Un-carrier is redefining connectivity and fueling competition while continuing to drive the next wave of innovation in wireless and beyond. Headquartered in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Mint Mobile. For more information, visit https://www.t-mobile.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260610705723/en/

Also check out: (Free Trial)

High Yield Dividend Stocks in Gurus' Portfolio Top dividend stocks of Warren Buffett Top dividend stocks of George Soros
2026-06-16 01:50 1mo ago
2026-06-15 18:36 1mo ago
Oil Falls Back Near $80 as the Iran Standoff Cools. 3 Tech Stocks That Could Benefit the Most.
SNOW Snowflake
FMP Stock News
Original source text
Crude oil has fallen back toward $80 a barrel, down from above $100 at the peak of this year's U.S.-Iran conflict, after the two sides moved closer to reopening the Strait of Hormuz and let shipments flow again.

The drop matters well beyond the gas pump. Surging oil had pushed U.S. inflation back above 4% and led traders to start pricing in the risk of a Federal Reserve interest rate hike later this year. As crude retreats, those inflation and rate fears are cooling -- and that has fueled a sharp rally in technology stocks, with the Nasdaq Composite jumping and Wall Street's main gauge of volatility sliding.

Lower rates, or even just lower odds of higher rates, tend to lift one group more than any other: highly valued growth stocks, whose worth rests on profits expected years down the road.

Here are three technology stocks that stand to benefit the most.

Image source: Getty Images.

1. Snowflake Few large software stocks are as sensitive to the direction of rates as Snowflake (SNOW +3.36%). The data-cloud company is still unprofitable on a generally accepted accounting principles (GAAP) basis, and its stock trades at about 17 times trailing sales -- a price that assumes years of rapid growth still to come. When the market frets less about higher rates, the distant profits baked into a valuation like that get discounted less heavily.

Fortunately, barring the fact that it remains unprofitable, it has shown significant progress in some key areas recently.

In its fiscal first quarter of 2027 (the period ended April 30, 2026), Snowflake's product revenue rose 34% year over year to $1.33 billion, and remaining performance obligations (contracted revenue it hasn't yet recognized) climbed 38% to $9.21 billion.

Today's Change

(

3.36

%) $

7.83

Current Price

$

240.61

And management recently raised its full-year product revenue outlook, now pointing to 31% growth.

As of this writing, the data stock has nearly doubled from its April low, so the easy money may already be made. But of the three names here, Snowflake may be the most direct bet on fading rate fears.

2. Salesforce Salesforce (CRM 0.89%) is a more measured version of the same idea.

The enterprise software company is solidly profitable and generates billions in free cash flow, so its shares aren't priced anywhere near as aggressively; it trades at a forward price-to-earnings ratio of about 12 -- a fraction of where it was a few years ago. That cheaper starting point means less rate-driven upside, but also less to give back if the relief proves short-lived.

Today's Change

(

-0.89

%) $

-1.48

Current Price

$

164.41

In the meantime, Salesforce's business continues to perform well. Revenue in Salesforce's fiscal first quarter of 2027, which also ended April 30, 2026, rose 13% year over year to $11.1 billion, and its Agentforce line -- the company's push into artificial intelligence (AI) agents -- reached $1.2 billion in annual recurring revenue, more than tripling from a year earlier.

3. Oracle No company here is spending like Oracle (ORCL +4.62%). The database and cloud giant is racing to build data centers for AI customers, and the bill is staggering. Free cash flow ran to negative $23.7 billion in fiscal 2026, and the company has guided for about $70 billion in net cash outlay for capital expenditures in fiscal 2027. To pay for it, Oracle is leaning on its balance sheet and the capital markets, with plans to raise billions more in equity and debt.

Today's Change

(

4.62

%) $

8.51

Current Price

$

192.64

That puts the cost of borrowing at the center of the story. When the threat of higher rates recedes, financing a build-out this size gets cheaper -- and cheaper energy from falling oil may ease the cost of running so many data centers.

And the demand is there to justify the spending, at least for now. Oracle's cloud infrastructure revenue jumped 93% year over year in its fiscal fourth quarter (the period ended May 31, 2026), and its backlog of contracted business swelled to $638 billion.

The bottom line Of course, if the Strait of Hormuz gets disrupted again, or if underlying core inflation remains persistently stubborn, oil could climb and rate-hike fears could return. And the Federal Reserve meets this week, adding another layer of uncertainty.

So, I'd be wary of treating a few good days as a reason to chase these stocks.

Still, if cheap oil prices do hold, more speculative stocks like Snowflake and Oracle could benefit more than a conservatively valued tech stock like Salesforce. But since Salesforce is already cheap and profitable, it may be the easiest of the three to own, no matter where crude goes next. After all, it's the businesses underneath that investors should focus on.
2026-06-16 01:47 1mo ago
2026-06-15 19:06 1mo ago
Roku Stock Hits a New 52-Week High: Is It a Buy?
ROKU Roku
FMP Stock News
Original source text
Roku (ROKU 1.92%) has been soaring in recent days amid rumors of a major acquisition, sending the stock to new heights. On Monday, a deal was formally announced, and the stock fell modestly, closing just under $141, up 30% year to date. Not only has it hit a new 52-week high recently, but it's now trading at levels it hasn't been at in multiple years.

Is it likely to rise even higher, or is it too late to buy the streaming stock now that a deal has been announced?

Image source: Getty Images.

Fox to buy Roku for $22 billion On Monday, Fox Corp (FOX 15.22%) announced it reached a deal to acquire Roku for an enterprise value of roughly $22 billion, funded through both cash and stock. Shares of Roku were rising even before the news came out, as investors often buy the rumor and sell the news. And on Monday, the stock would actually fall by just under 2%.

The move enables Fox to reach more customers through Roku's popular streaming platform, which more than 100 million households use. It unlocks greater growth and monetization opportunities for the business.

Typically, when an acquisition is announced, the stock of the company being acquired rises to that valuation, unless investors doubt the deal will go through. With Roku's stock rising 14% over the past month, its market cap is now around $21 billion, suggesting investors have a lot of confidence the deal won't run into any hiccups.

Today's Change

(

-1.92

%) $

-2.76

Current Price

$

140.90

Is there a reason to buy Roku stock today? Fox's acquisition of Roku is not expected to close until the first half of next year. Assuming the deal progresses without issue, it's highly likely Roku's stock won't move much between now and then, since the company's value has been agreed upon. The one wrinkle, however, is that because there's an element of stock involved, it will affect Roku's share price. As part of the deal, Roku shareholders will receive Fox Class A common stock, whose volatility and price movements could determine Roku's stock's direction between now and the completion of the deal. But besides that, there isn't much of a reason to invest in Roku at this stage; any potential upside is limited.

When a stock is at this stage, waiting for an acquisition to complete, there typically isn't much volatility. If the deal falls through, then that's an entirely different story. But for now, investors may be better off looking past Roku and focusing on other growth stocks instead.
2026-06-16 01:47 1mo ago
2026-06-15 19:30 1mo ago
Why Micron Stock Rocketed to a Record High Today
MU Micron Technology
FMP Stock News
Original source text
Shares of Micron Technology (MU +10.43%) surged on Monday after an investment bank's research team highlighted the memory chip leader's staggering artificial intelligence (AI)-fueled growth potential.

Image source: The Motley Fool.

Demand is outstripping supply The rapid build-out of AI data centers is creating enormous demand for the high-speed memory chips needed to run machine-learning applications. TD Cowen analyst Krish Sankar sees Micron as a prime beneficiary of this global megatrend.

Sankar reiterated his buy rating on the memory chipmaker's stock and boosted his share price forecast from $660 to $1500. His new price target implies potential gains of 38% for investors based on the stock's closing price on Monday.

Today's Change

(

10.43

%) $

102.35

Current Price

$

1083.96

Sankar expects surging interest in agentic AI to drive demand for memory -- and, by extension, Micron's ability to command high prices for its chips -- well into the second half of 2027.

In turn, Sankar expects Micron to highlight multiyear customer agreements with attractive profit margins when it reports earnings on June 24.

This AI winner has much more room to run Micron's shares are now up a fortune-building 1,314% over the past half-decade, with more than 800 percentage points of those gains coming in just the last year.

Yet if analysts like Sankar are correct in their forecasts for persistent AI-driven demand for memory and, vitally, corresponding pricing power for Micron, this top semiconductor stock should continue to deliver lucrative returns to its shareholders.

Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy.
2026-06-16 01:46 1mo ago
2026-06-15 19:31 1mo ago
Z, ZG Investors Have Opportunity to Lead Zillow Group, Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm
Z Zillow
FMP Stock News
Original source text
, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of Class A or Class C common stock of Zillow Group, Inc. (NASDAQ: ZG) (NASDAQ: Z) between February 11, 2025 and May 7, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026 in the securities class action first filed by the Firm.

So what: If you purchased Zillow common stock during the Class Period, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Zillow class action, go to https://rosenlegal.com/cases/zillow-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-16 01:45 1mo ago
2026-06-15 19:00 1mo ago
ServiceNow: A 7.0 Score in a Shifting AI Landscape
NOW ServiceNow
FMP Stock News
Original source text
Explore the exciting world of ServiceNow (NOW +2.07%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
*Stock prices used were the prices of April 29, 2026. The video was published on Jun. 15, 2026.

Anand Chokkavelu has no position in any of the stocks mentioned. Matt Frankel, CFP has no position in any of the stocks mentioned. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ServiceNow. The Motley Fool has a disclosure policy.
2026-06-16 01:45 1mo ago
2026-06-15 19:47 1mo ago
GM in Talks to Supply Weapons Parts to Lockheed Martin
LMT Lockheed Martin
FMP Stock News
Original source text
The automaker seeks to grow its defense subsidiary as the U.S. aims to replenish munitions supplies.
2026-06-16 01:45 1mo ago
2026-06-15 20:03 1mo ago
GM in talks to supply weapons parts to Lockheed Martin, WSJ reports
LMT Lockheed Martin
FMP Stock News
Original source text
General Motors ​is in ‌talks with Lockheed ​Martin ​about making parts ⁠for ​the ​defense contractor's weapons, the ​Wall ​Street Journal reported ‌on ⁠Monday, citing sources.
2026-06-16 01:40 1mo ago
2026-06-15 20:08 1mo ago
CrowdStrike Launches Continuous Identity Solution to Police AI Agents
CRWD CrowdStrike
FMP Stock News
Original source text
By PYMNTS  |  June 15, 2026

 | 

CrowdStrike has added a new security control plane for artificial intelligence agents that provides continuous, risk-aware enforcement.

The new Continuous Identity for AI agents, which joins the CrowdStrike Falcon Platform, authorizes every agent action based on who owns it, who is calling it, and real-time risk, the company said in a Monday (June 15) press release.

“Authorize once and trust indefinitely is not a security model; it’s a liability,” CrowdStrike Chief Technology Officer Elia Zaitsev said in the release. “That’s the shift CrowdStrike is driving, from static, one-time access decisions to Continuous Identity.”

Continuous Identity for AI Agents provides verifiable agent identity in which every agent is assigned an automated, secure workload identity; context-aware authorization that evaluates access based on who owns the agent, who is calling it and the risk posture of their device; zero standing privilege that grants access when it’s needed and revokes it when it’s not; and defense in depth that ensures agents operate with only the privileges they need, according to the release.

This new offering is powered by technology CrowdStrike gained with its acquisition of SGNL, according to the release. When announcing the acquisition in a January press release, CrowdStrike said the move would redefine privilege and access for all users.

CrowdStrike said in a Monday blog post that while identity security has long been built around authenticating a user, granting access and trusting that decision until their next login, this model doesn’t work for AI models.

Advertisement: Scroll to Continue

“The speed of these agents, combined with the varying privileges of the humans using them, means a trust decision that was valid at login may no longer be valid moments later,” the post said. “A compromised credential or change in business context can instantly alter risk. It’s not enough to grant access once and assume trust persists.”

The PYMNTS Intelligence report “How Enterprises Can Build a ‘Know Your Agent’ Defense: Digital Identity Verification in the Age of Bots” found that the rise of agentic commerce is exposing weaknesses in traditional identity models.

Nearly 90% of enterprises said bot management is now a major challenge, and outdated digital identity controls are costing businesses nearly $100 billion annually in fraud, false declines and lost customers, according to the report.
2026-06-16 01:38 1mo ago
2026-06-15 20:04 1mo ago
JD.com Invests $4.5B In Hong Kong Expansion—When Will It See A Return?
JD.US JD.com
FMP Stock News
Original source text
The e-commerce giant has expanded aggressively in Hong Kong over the last year, acquiring commercial buildings, a supermarket chain and establishing an extensive logistics network

image credit: Bamboo Works

Key Takeaways: JD.com has been expanding aggressively into Hong Kong, with plans to open multiple signature JD Malls in the city over the next three years The e-commerce giant's Hong Kong expansion will directly challenge longtime local leaders like ParkNShop, Fortress and Watsons Among China's leading e-commerce players, JD.com has been the only one to place Hong Kong so squarely in its sights. Last year, the company acquired Kai Bo Food Supermarket, a popular mass-market grocery chain, moving wholeheartedly into the city's hotly contested grocery space. It wasted no time from there, adding 10 new Kai Bo branches over the last year to take it past the 100-store milestone.

While that was happening, the company's JD Logistics (2618.HK) unit was setting up hubs across the city, covering all 18 districts, to support product delivery and installation services.

$450 million headquartersLast year, JD.com also acquired 50% of the China Construction Bank Tower in Hong Kong's Central financial district for nearly HK$3.5 billion, providing a high-profile base to use as its headquarters in the city.

The company's JD Health (6618.HK) is also already active in Hong Kong, supplying healthcare and medical aesthetic products, as well as medications targeting several specific categories of diseases. It also provides online health consultation services and is developing a local elderly care business.

This particular store is full of promotional gimmicks. In addition to a free massage area, it will provide complimentary coffee, and an esports arena alongside several designated photo-op spots for social media check-ins. JD.com has disclosed future locations will be equally big, with floor areas ranging from 30,000 to 80,000 square feet.

Limited retail scale in Hong KongJD.com's Hong Kong onslaught involves substantial investments, even though the city boasts a relatively small population of just 7 million. Which raises the question of whether it's really worth it to spend such vast sums to conquer this relatively small city.

Data from the Hong Kong Census and Statistics Department shows the total value of the city's retail sales stood at around HK$380 billion over the last two years. That was just a fraction of figures for the nearby mega-cities of Guangzhou and Shenzhen, which logged 1.1 billion yuan ($163 million) and 1.03 billion yuan, respectively. Even the smaller nearby cities of Dongguan and Foshan achieved 445 billion yuan and 395 billion yuan, respectively.

Challenging a hometown championMany of the business lines that JD.com is expanding in Hong Kong will also bring it into direct competition with CK Hutchison Holdings (0001.HK), the flagship of Li Ka-shing, the city's richest man. Among other things, the conglomerate owns the ParkNShop supermarket chain, Fortress electronics stores, and the Watsons personal health and pharmacy chain. Challenging such an entrenched rival won't be easy.

In the supermarket realm, Hong Kong is already quite saturated with established chains ParkNShop and Wellcome, complemented by the more recent arrival of HKTVmall. With such established rivals, JD.com could well face challenges making inroads with Kai Bo as its main vehicle, especially when one considers the grocery business' razor-thin margins.

When it comes to electronics, another one JD.com's strengths, Hong Kong already has its own pool of established players like Fortress, alongside Broadway, as well as China's own Suning chain of stores, and online platforms HKTVmall and Yoho (2347.HK).

Unremarkable appealThen there are the new JD Mall experience shops. Some simple calculation based on local rates shows the monthly rent for the first such shop in the pricey Wan Chai district would amount to a similarly large sum of nearly HK$20 million annually. Given thin profit margins for electronics, such high rental costs won't be easy to recoup through simply product sales.

The inaugural JD Mall's site selection also wasn't ideal, not at ground-level and mostly accessible via connecting footbridges, and distant from popular tourist shopping hotspots.

To subscribe to Bamboo Works weekly free newsletter, click here

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-06-16 01:36 1mo ago
2026-06-15 19:15 1mo ago
Halliburton (HAL) Stock Sinks As Market Gains: What You Should Know
HAL Halliburton
FMP Stock News
Original source text
Halliburton (HAL - Free Report) closed the most recent trading day at $38.18, moving -3.59% from the previous trading session. This change lagged the S&P 500's 1.65% gain on the day. At the same time, the Dow added 0.92%, and the tech-heavy Nasdaq gained 3.07%.

Shares of the provider of drilling services to oil and gas operators witnessed a loss of 5.17% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 2.71%, and the S&P 500's gain of 0.48%.

The investment community will be closely monitoring the performance of Halliburton in its forthcoming earnings report. The company is scheduled to release its earnings on July 21, 2026. The company's earnings per share (EPS) are projected to be $0.54, reflecting a 1.82% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.48 billion, indicating a 0.5% decrease compared to the same quarter of the previous year.

HAL's full-year Zacks Consensus Estimates are calling for earnings of $2.34 per share and revenue of $22.23 billion. These results would represent year-over-year changes of -3.31% and +0.21%, respectively.

It is also important to note the recent changes to analyst estimates for Halliburton. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.15% upward. Halliburton is holding a Zacks Rank of #3 (Hold) right now.

Looking at its valuation, Halliburton is holding a Forward P/E ratio of 16.91. This valuation marks a discount compared to its industry average Forward P/E of 23.71.

Also, we should mention that HAL has a PEG ratio of 1.71. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Field Services industry currently had an average PEG ratio of 2.25 as of yesterday's close.

The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 196, finds itself in the bottom 20% echelons of all 250+ industries.

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

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2026-06-16 01:36 1mo ago
2026-06-15 20:56 1mo ago
Tech Stocks Aren't The Only Options For Big Gains
CTAS Cintas
FMP Stock News
Original source text
If there’s one thing that’s undoubtedly true over the past several years, it’s that technology stocks have been red-hot.

But while all that sounds fun and exciting, many have overlooked simple businesses that aren’t overly flashy. This includes companies that handle waste management, provide uniforms for staff, and even energy drink providers, to give a few examples.

Many of these companies fall into the Consumer Staples sector, whose businesses face steady demand across many economic conditions. In other words, companies will always need uniforms and other necessary items for their businesses, and the trash will always need to be taken out.

And perhaps to the surprise of some, these non-technology companies have seen wildly strong performance, with their predictable natures providing a nice shield against volatility.

Cintas Outperforms Meta Platforms For example, Cintas (CTAS - Free Report) , the company that provides uniforms and other workplace supplies to employers, has gained +95% over the last five years, compared with a +80% gain from Meta Platforms (META - Free Report) .

Image Source: Zacks Investment Research

Bottom Line

Simply put, you don’t have to buy tech stocks to see great returns. Lesser-discussed companies like Cintas (CTAS - Free Report) have built consistent, dependable growth by doing the ‘simple’ things exceptionally well. Of course, they’re likely not to impress investors given their less-flashy nature, but sometimes boring is better.  
2026-06-16 01:35 1mo ago
2026-06-15 19:41 1mo ago
LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit
LCID Lucid Group
FMP Stock News
Original source text
, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), of the important July 28, 2026 lead plaintiff deadline.

So what: If you purchased Lucid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid's business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-16 01:34 1mo ago
2026-06-15 21:12 1mo ago
Dave & Buster's Entertainment, Inc. (PLAY) Q1 2027 Earnings Call Transcript
PLAY Dave & Buster's
FMP Stock News
Original source text
Dave & Buster's Entertainment, Inc. (PLAY) Q1 2027 Earnings Call June 15, 2026 5:00 PM EDT

Company Participants

Cory Hatton - Head of Entertainment Finance, Investor Relations & Treasurer
Tarun Lal - CEO & Director
Darin Harper - Chief Financial Officer

Conference Call Participants

Andrew Barish - Jefferies LLC, Research Division
Sharon Zackfia - William Blair & Company L.L.C., Research Division
Andrew Strelzik - BMO Capital Markets Equity Research
Eric Wold - Texas Capital Securities, Research Division
Brian Vaccaro - Raymond James & Associates, Inc., Research Division
Michael Hickey - The Benchmark Company, LLC, Research Division
Dennis Geiger - UBS Investment Bank, Research Division

Presentation

Operator

Hello, and welcome to the Dave & Buster's Entertainment Inc. First Quarter 2026 Earnings Call. [Operator Instructions]

I'll now turn the conference over to Cory Hatton, VP of Entertainment, Finance, Investor Relations and Treasurer. Please go ahead.

Cory Hatton
Head of Entertainment Finance, Investor Relations & Treasurer

Thank you, operator, and welcome to everyone on the line. Joining me in the room on today's call are Tarun Lal, our Chief Executive Officer; and Darin Harper, our Chief Financial Officer. After our prepared remarks, we will be happy to answer any questions. This call is being recorded on behalf of Dave & Buster's Entertainment, Inc. and is copyrighted.

Before we begin the discussion on our company's first quarter 2026 results, I'd like to call your attention to the fact that in our prepared remarks and responses to questions, certain items may be discussed, which are not entirely based on historical fact. Any of these items should be considered forward-looking statements relating to future events within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those anticipated. Information on these risks and uncertainties have been published in our filings
2026-06-16 01:34 1mo ago
2026-06-15 20:00 1mo ago
WIX INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Wix.com Ltd.
WIX Wix
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP continues its investigation on behalf of Wix.com Ltd. (“Wix” or the “Company”) (NASDAQ:WIX) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On May 13, 2026, Wix released its first quarter 2026 financial results. The Company reported earnings and revenue below consensus expectations, and a decline in operating margins which the Company largely attributed to softness in its professional developer business. Specifically, Wix acknowledged that its professional developer customers were using competing AI tools, its new Wix Harmony platform had “holes” and “missing capabilities,” there had been delays in delivering product updates and innovation to professional developer customers, and as a result, the Company had fallen behind “the workflow and the needs” of professional developers. On this news, the price of Wix shares declined by $20.56 per share, or approximately 27%, from $75.88 per share on May 12, 2026 to close at $55.32 on May 13, 2026.

Then, on June 8, 2026, Wix unveiled an organizational restructuring that includes a 20% workforce reduction and reducing financial expectations for 2026. The Company said that organizational changes are expected to reduce bookings by about $50 million and revenue by around $25 million. Wix now expects full-year bookings to grow in the low-teens percentage rate, down from previous expectations of mid-teens percentage growth. Full-year and second-quarter revenue growth were also downgraded to low- to mid-teens percentage growth from mid-teens. On this news, the price of Wix shares declined by $4.18 per share, or approximately 8%, from $52.39 per share on June 5, 2026 to close at $48.21 on June 8, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Wix securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
2026-06-16 01:34 1mo ago
2026-06-15 19:15 1mo ago
Rithm (RITM) Stock Dips While Market Gains: Key Facts
RITM Rithm Capital Corporation
FMP Stock News
Original source text
Rithm (RITM - Free Report) ended the recent trading session at $9.19, demonstrating a -1.29% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 1.65%. Elsewhere, the Dow gained 0.92%, while the tech-heavy Nasdaq added 3.07%.

The real estate investment trust's stock has climbed by 1.97% in the past month, falling short of the Finance sector's gain of 2.86% and outpacing the S&P 500's gain of 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Rithm in its upcoming earnings disclosure. In that report, analysts expect Rithm to post earnings of $0.54 per share. This would mark no growth from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.47 billion, up 20.68% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.27 per share and a revenue of $6.04 billion, indicating changes of -3.4% and +37.85%, respectively, from the former year.

Investors should also take note of any recent adjustments to analyst estimates for Rithm. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Rithm possesses a Zacks Rank of #3 (Hold).

With respect to valuation, Rithm is currently being traded at a Forward P/E ratio of 4.11. For comparison, its industry has an average Forward P/E of 10.9, which means Rithm is trading at a discount to the group.

The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 108, which puts it in the top 45% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2026-06-16 01:33 1mo ago
2026-06-15 19:20 1mo ago
ZTS Investors Have Opportunity to Lead Zoetis Inc. Securities Fraud Lawsuit
ZTS Zoetis
FMP Stock News
Original source text
, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zoetis Inc. (NYSE: ZTS) between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

So What: If you purchased Zoetis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and touted growing market share, strong veterinarian adoption, and accelerating sales growth across Zoetis' flagship Companion Animal products and/or failed to disclose that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-16 01:30 1mo ago
2026-06-15 19:51 1mo ago
Sundar Pichai faces boos, walkout at Stanford graduation ceremony over Google's Israel, ICE ties
ICE Intercontinental Exchange
FMP Stock News
Original source text
Over the weekend, Google CEO Sundar Pichai faced a small revolt when he delivered his commencement speech at Stanford University, where he earned his graduate degree in materials science and engineering. About 200 students from the graduating class reportedly walked out, while others loudly booed the tech executive.

The focus of the protest was Google’s defense ties — including Project Nimbus, the controversial $1.2 billion contract, shared with Amazon, to provide cloud and AI services to the Israeli military, as well as its relationship with the U.S. Immigration and Customs Enforcement agency.

Student signs included phrases like “ICE SPIES WITH GOOGLE AI” and “GENOCIDE RUNS ON GOOGLE,” as well as “FREE FREE PALESTINE,” a press release associated with the protest notes. Students also waved Palestinian flags and shouted “free Palestine,” online video of the protest shows.

“We are walking out because we refuse to glorify the corporations that fuel this violence and exercise our power to choose differently,” a statement associated with the protest reads.

The walkout was organized by a number of campus activist groups, including Stanford Students for Justice in Palestine, No Tech for Apartheid, and Tech for Liberation. TechCrunch reached out to Google for comment.

As the war in Gaza has raged, Google’s participation in Nimbus has drawn protests from both inside and outside of the company. In 2024, Google fired 28 workers for protesting the contract, although it has continued to suffer internal dissent over the issue since then. It was also recently criticized by the Electronic Frontier Foundation, which accused it and other companies of “choosing to look the other way” on Israel’s use of their services.

Project Nimbus also enjoys support from Amazon. Microsoft has also been criticized for its support of the Israeli military, although the company restricted the Israeli government’s use of its technology after an investigation found that its cloud services were being used to mass-surveil Palestinians.

The student protest also drew criticism from business leaders online. Vinod Khosla, the billionaire co-founder of Sun Microsystems and one of Silicon Valley’s most prominent venture capitalists, posted on X that the protest was “biased, idiotic, short-sighted and very selfish,” adding that it was selfish because the students “ignored the bottom 3 billion people on this planet that could benefit from AI and they are worried about their misinformed selfish self-interest.”

Pichai’s appearance at Stanford is part of a broader pattern. Speakers at college graduation ceremonies around the country have faced boos when they have attempted to get outgoing college students excited about AI. But rarely has student animus been as targeted as it was with Pichai, directed not at AI hype, but at the specific business decisions made by the company he leads. In general, young people seem to believe that AI is threatening their employment opportunities and may be ruining other parts of society as well.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Lucas is a senior writer at TechCrunch, where he covers artificial intelligence, consumer tech, and startups. He previously covered AI and cybersecurity at Gizmodo. You can contact Lucas by emailing [email protected].
2026-06-16 01:27 1mo ago
2026-06-15 19:15 1mo ago
Cenovus Energy (CVE) Stock Declines While Market Improves: Some Information for Investors
CVE Cenovus Energy
FMP Stock News
Original source text
In the latest trading session, Cenovus Energy (CVE - Free Report) closed at $27.11, marking a -4.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.65%. At the same time, the Dow added 0.92%, and the tech-heavy Nasdaq gained 3.07%.

The stock of oil company has fallen by 8.27% in the past month, lagging the Oils-Energy sector's loss of 2.71% and the S&P 500's gain of 0.48%.

The investment community will be closely monitoring the performance of Cenovus Energy in its forthcoming earnings report. On that day, Cenovus Energy is projected to report earnings of $0.94 per share, which would represent year-over-year growth of 184.85%. Our most recent consensus estimate is calling for quarterly revenue of $9.57 billion, up 7.53% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.15 per share and revenue of $38.19 billion, indicating changes of +104.55% and +7.42%, respectively, compared to the previous year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cenovus Energy. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.65% higher. Currently, Cenovus Energy is carrying a Zacks Rank of #1 (Strong Buy).

Looking at its valuation, Cenovus Energy is holding a Forward P/E ratio of 8.97. This indicates a discount in contrast to its industry's Forward P/E of 10.31.

The Oil and Gas - Integrated - Canadian industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 20, placing it within the top 9% of over 250 industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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.
2026-06-16 01:26 1mo ago
2026-06-15 19:01 1mo ago
Louisiana-Pacific (LPX) Rises Higher Than Market: Key Facts
LPX Louisiana-Pacific
FMP Stock News
Original source text
Louisiana-Pacific (LPX - Free Report) closed at $77.23 in the latest trading session, marking a +2.92% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.65%. At the same time, the Dow added 0.92%, and the tech-heavy Nasdaq gained 3.07%.

Heading into today, shares of the home construction supplier had gained 7.41% over the past month, outpacing the Construction sector's gain of 0.75% and the S&P 500's gain of 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Louisiana-Pacific in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.64, showcasing a 35.35% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $683 million, indicating a 9.54% downward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $2 per share and a revenue of $2.57 billion, demonstrating changes of -24.53% and -5%, respectively, from the preceding year.

Investors should also take note of any recent adjustments to analyst estimates for Louisiana-Pacific. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Louisiana-Pacific boasts a Zacks Rank of #4 (Sell).

Digging into valuation, Louisiana-Pacific currently has a Forward P/E ratio of 37.52. This signifies a premium in comparison to the average Forward P/E of 28.5 for its industry.

One should further note that LPX currently holds a PEG ratio of 1.89. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Building Products - Wood stocks are, on average, holding a PEG ratio of 1.57 based on yesterday's closing prices.

The Building Products - Wood industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 213, which puts it in the bottom 13% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-06-16 01:21 1mo ago
2026-06-15 19:01 1mo ago
Crocs (CROX) Rises But Trails Market: What Investors Should Know
CROX Crocs
FMP Stock News
Original source text
In the latest trading session, Crocs (CROX - Free Report) closed at $126.27, marking a +1.25% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 1.65% for the day. On the other hand, the Dow registered a gain of 0.92%, and the technology-centric Nasdaq increased by 3.07%.

Shares of the footwear company have appreciated by 31.36% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 1.52%, and the S&P 500's gain of 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Crocs in its upcoming earnings disclosure. The company is forecasted to report an EPS of $4.3, showcasing a 1.65% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.15 billion, down 0.1% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.67 per share and a revenue of $4.08 billion, signifying shifts of +9.27% and +0.97%, respectively, from the last year.

It is also important to note the recent changes to analyst estimates for Crocs. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.02% downward. Crocs presently features a Zacks Rank of #3 (Hold).

In terms of valuation, Crocs is presently being traded at a Forward P/E ratio of 9.12. This represents a discount compared to its industry average Forward P/E of 16.04.

Also, we should mention that CROX has a PEG ratio of 1.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Textile - Apparel industry had an average PEG ratio of 2.11 as trading concluded yesterday.

The Textile - Apparel industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 37% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow CROX in the coming trading sessions, be sure to utilize Zacks.com.
2026-06-16 01:21 1mo ago
2026-06-15 19:15 1mo ago
Dynatrace (DT) Advances But Underperforms Market: Key Facts
DT Dynatrace
FMP Stock News
Original source text
In the latest trading session, Dynatrace (DT - Free Report) closed at $41.19, marking a +1.08% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 1.65% for the day. Elsewhere, the Dow gained 0.92%, while the tech-heavy Nasdaq added 3.07%.

Heading into today, shares of the software intellegence company had gained 6.23% over the past month, outpacing the Computer and Technology sector's gain of 0.33% and the S&P 500's gain of 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Dynatrace in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.45, reflecting a 7.14% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $549.3 million, up 15.07% from the prior-year quarter.

DT's full-year Zacks Consensus Estimates are calling for earnings of $1.94 per share and revenue of $2.33 billion. These results would represent year-over-year changes of +14.12% and +15.23%, respectively.

Investors should also note any recent changes to analyst estimates for Dynatrace. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

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

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.69% upward. Dynatrace is currently a Zacks Rank #3 (Hold).

Digging into valuation, Dynatrace currently has a Forward P/E ratio of 20.97. This signifies a premium in comparison to the average Forward P/E of 14.15 for its industry.

Meanwhile, DT's PEG ratio is currently 1.51. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Computers - IT Services industry had an average PEG ratio of 1.16 as trading concluded yesterday.

The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.

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

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2026-06-16 01:20 1mo ago
2026-06-15 19:01 1mo ago
Why Paccar (PCAR) Outpaced the Stock Market Today
PCAR PACCAR
FMP Stock News
Original source text
In the latest close session, Paccar (PCAR - Free Report) was up +1.83% at $120.69. The stock's performance was ahead of the S&P 500's daily gain of 1.65%. Elsewhere, the Dow saw an upswing of 0.92%, while the tech-heavy Nasdaq appreciated by 3.07%.

Shares of the truck maker witnessed a gain of 7.43% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 3.63%, and the S&P 500's gain of 0.48%.

The investment community will be closely monitoring the performance of Paccar in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.32, marking a 3.65% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $7.1 billion, up 1.92% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.59 per share and a revenue of $27.7 billion, signifying shifts of +11.58% and +5.59%, respectively, from the last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Paccar. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Paccar holds a Zacks Rank of #3 (Hold).

With respect to valuation, Paccar is currently being traded at a Forward P/E ratio of 21.21. This indicates a premium in contrast to its industry's Forward P/E of 19.9.

One should further note that PCAR currently holds a PEG ratio of 1.1. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Automotive - Domestic stocks are, on average, holding a PEG ratio of 0.93 based on yesterday's closing prices.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2026-06-16 01:19 1mo ago
2026-06-15 19:15 1mo ago
Waste Management (WM) Stock Sinks As Market Gains: What You Should Know
WM Waste Management
FMP Stock News
Original source text
In the latest trading session, Waste Management (WM - Free Report) closed at $216.94, marking a -1.14% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.65%. Elsewhere, the Dow saw an upswing of 0.92%, while the tech-heavy Nasdaq appreciated by 3.07%.

Shares of the garbage and recycling hauler witnessed a loss of 0.17% over the previous month, beating the performance of the Business Services sector with its loss of 1.04%, and underperforming the S&P 500's gain of 0.48%.

The upcoming earnings release of Waste Management will be of great interest to investors. The company's upcoming EPS is projected at $2.01, signifying a 4.69% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $6.69 billion, indicating a 4.03% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates project earnings of $8.15 per share and a revenue of $26.5 billion, demonstrating changes of +8.67% and +5.13%, respectively, from the preceding year.

Investors should also take note of any recent adjustments to analyst estimates for Waste Management. These recent revisions tend to reflect the evolving nature of short-term business trends. 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. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.01% increase. Right now, Waste Management possesses a Zacks Rank of #3 (Hold).

From a valuation perspective, Waste Management is currently exchanging hands at a Forward P/E ratio of 26.91. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 26.91.

One should further note that WM currently holds a PEG ratio of 2.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Waste Removal Services industry held an average PEG ratio of 2.29.

The Waste Removal Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 93, positioning it in the top 39% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2026-06-16 01:14 1mo ago
2026-06-15 19:15 1mo ago
Main Street Capital (MAIN) Stock Drops Despite Market Gains: Important Facts to Note
MAIN Main Street Capital
FMP Stock News
Original source text
Main Street Capital (MAIN - Free Report) closed at $51.29 in the latest trading session, marking a -1.4% move from the prior day. This move lagged the S&P 500's daily gain of 1.65%. Elsewhere, the Dow saw an upswing of 0.92%, while the tech-heavy Nasdaq appreciated by 3.07%.

Coming into today, shares of the investment firm had gained 3.11% in the past month. In that same time, the Finance sector gained 2.86%, while the S&P 500 gained 0.48%.

The investment community will be paying close attention to the earnings performance of Main Street Capital in its upcoming release. The company is forecasted to report an EPS of $1.01, showcasing a 2.02% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $143.23 million, down 0.52% from the prior-year quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4 per share and revenue of $580.63 million, indicating changes of -4.99% and +2.51%, respectively, compared to the previous year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Main Street Capital. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.5% lower. Right now, Main Street Capital possesses a Zacks Rank of #4 (Sell).

Investors should also note Main Street Capital's current valuation metrics, including its Forward P/E ratio of 13.02. For comparison, its industry has an average Forward P/E of 8.14, which means Main Street Capital is trading at a premium to the group.

The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 205, which puts it in the bottom 16% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow MAIN in the coming trading sessions, be sure to utilize Zacks.com.
2026-06-16 01:09 1mo ago
2026-06-15 20:00 1mo ago
KMPR SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations
KMPR Kemper Corporation
FMP Stock News
Original source text
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors of its investigation on behalf of Kemper Corporation (“Kemper” or the “Company”) (NYSE:KMPR) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws or other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On May 6, 2026, Kemper stated that “[t]he increase in minimum liability limits effective January 1, 2025, has led to greater attorney involvement in claims and higher loss costs.” Management further admitted: “This trend has developed over several quarters.” Kemper also stated that although the relevant California rate filing was “6.9%” in aggregate, it was “about 50 points on bodily injury.” On this news, the price of Kemper shares declined by $3.37 per share, or approximately 10%, from $32.77 per share on May 6, 2026 to close at $29.40 on May 7, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Kemper securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]
2026-06-16 01:07 1mo ago
2026-06-15 19:20 1mo ago
Ameren Missouri Announces Pricing of First Mortgage Bonds due 2056
AEE Ameren
FMP Stock News
Original source text
, /PRNewswire/ -- Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $500 million aggregate principal amount of 5.75% first mortgage bonds due 2056 at 99.324% of their principal amount. The transaction is expected to close on June 29, 2026, subject to the satisfaction of customary closing conditions.

Ameren Missouri intends to use the net proceeds of the offering to refinance short-term debt and/or fund near-term capital expenditures.

Fifth Third Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc. and BNY Mellon Capital Markets, LLC are acting as joint book-running managers for the offering.

The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus and related prospectus supplement for the offering, when available, may be obtained via the Securities and Exchange Commission's website at www.sec.gov or by contacting Mizuho Securities USA LLC, 1271 Avenue of the Americas, New York, NY 10020, Attention: Debt Capital Markets, Telephone: 1-866-271-7403.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the first mortgage bonds and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.

About Ameren Missouri
Ameren Missouri has been providing electric and gas service for more than 100 years, and the company's electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for its approximately 1.3 million electric and 135,000 natural gas customers in central and eastern Missouri. The company's service area covers approximately 60 counties and more than 500 communities, including the greater St. Louis area.

SOURCE Ameren Missouri
2026-06-16 01:07 1mo ago
2026-06-15 19:30 1mo ago
Safirstein Law LLC Announces That A Class Action Lawsuit Has Been Filed Against ChampionX Corporation on Behalf of Sellers of Common Stock - CHX
CHX ChampionX
FMP Stock News
Original source text
RIDGEWOOD, N.J., June 15, 2026 (GLOBE NEWSWIRE) -- Safirstein Law LLC announces that a class action lawsuit has been filed on behalf of sellers of common stock of ChampionX Corporation (NASDAQ:CHX).

Company:ChampionX CorporationTicker:CHXLead Plaintiff Deadline:July 14, 2026Class Period:February 29, 2024 to April 1, 2024   If you sold ChampionX stock during the class period, and would like more information:

The complaint alleges that on February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The ChampionX class action lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors.

On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

About Safirstein Law LLC

Safirstein Law LLC focuses its practice on shareholder rights. All of the Firm’s legal endeavors are rooted in its core mission: provide investor and consumer protection.

Attorney advertising. Prior results do not guarantee a similar outcome.

Safirstein Law LLC

Peter Safirstein, Esq.
Safirstein Law LLC
45 N. Broad Street
Ridgewood, NJ 07450
1-844-921-2210
2026-06-16 01:07 1mo ago
2026-06-15 19:49 1mo ago
Travala Wants To Be The Travel Infrastructure Layer For AI Agents
AVA Avista
FMP Stock News
Original source text
"A traveler can set up the AI concierge in two minutes via Claude. Once set up, they can ask the agent to make a hotel booking, which will quickly narrow down the options for the traveler based on their prompt, avoiding decision paralysis," said Juan Otero, Travala's CEO.

"The way we book travel is changing," Otero said. Agentic bookings are the next iteration of the online experience, and will exist alongside traditional online bookings and human travel agents for at least the foreseeable future. But I think the online travel market is moving toward agentic commerce, even though it's still very early days," he said.

Travala true believers – and users – hold the company's token, AVA. This is a micro-cap trade, trading at around $0.19. Like many alt-coins, it has collapsed since its initial offering and has had a rough 2026 like the broad cryptocurrencies market. AVA is a utility/rewards token. Token ownership does not equate to equity ownership in the company. 

Is Web3 Travel Really A Market?Emirates Airlines signed a memorandum of understanding with Crypto.com in July 2025 to explore integrating their payment infrastructure. 

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-06-16 01:04 1mo ago
2026-06-15 20:00 1mo ago
Itron Collaborates with Watercare Services for New Zealand's Largest Smart Water Meter Upgrade
ITRI Itron
FMP Stock News
Original source text
LIBERTY LAKE, Wash., June 15, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working together with Watercare Services, New Zealand’s largest water and wastewater utility, to modernize their water network by upgrading its existing mechanical meters with 100,000 Itron Intelis wSource digital water meters, as part of Watercare’s plan to connect almost half a million smart meters in total across the Auckland region. This deployment represents one of the largest smart water metering upgrades in New Zealand and will give Watercare Services greater visibility into its network to accelerate leak detection and improve billing accuracy.

This digital transformation project supports Watercare’s broader technology programme to modernize Auckland’s water network and improve how data is used to manage assets, customer use and leak detection. With the integration of advanced sensors and analytics, Itron’s solution positions Watercare to meet the evolving needs of its customers while improving resiliency. 

Itron’s Intelis wSource meters use an NB-IoT network to deliver frequent and highly accurate consumption data. Built to operate for 15 years with minimal maintenance, even in Auckland’s harsh marine environment, the meter provides reliable data transmission and long-lasting durability. Together, these capabilities will help improve operations, lower costs and create a more sustainable network.

“We continue to identify new ways to conserve and protect the world’s most vital water resources. In support of New Zealand’s 2025 Water Services (Wastewater Environmental Performance Standards), our goal is to enable utilities, such as Watercare Services, to reduce real water losses across their network,” said Justin Patrick, senior vice president of Device Solutions at Itron. “The Intelis wSource water meter will eliminate manual meter reads, support efficient operations, provide infrastructure insights and strengthen the utility’s future infrastructure resiliency.” 

About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.

Itron®, the Itron Logo, and Intelis are registered trademarks of Itron, Inc. in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

For additional information, contact:

Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
[email protected]

Paul Vincent
Vice President, Investor Relations
512-560-1172
[email protected]

Itron, Inc.

LinkedIn: www.linkedin.com/company/itronincX: www.x.com/itronincNewsroom: https://itron.com/newsroomBlog: https://itron.com/blog
2026-06-16 01:01 1mo ago
2026-06-15 18:22 1mo ago
Vistra Corp (VST) Shares Surge 3.7% -- What GF Score of 84 Tells Investors
VST Vistra Energy
FMP Stock News
Original source text
On June 15, 2026, Vistra Corp VST shares rose 3.7% today, closing at $153.52. The stock has fluctuated between a 52-week high of $219.82 and a low of $132.66 during the past year.

GF Value™ verdict: The current price is $153.52, which is 6.6% below the GF Value™ of $164.41.GF Score™: 84/100 (Strong), indicating a strong overall score based on key financial metrics.Most notable signal: Insiders have sold $1.6M worth of shares in the last three months, with no buying activity reported. Is VST Overvalued or Undervalued? Vistra Corp's current stock price of $153.52 is below the GF Value™ estimate of $164.41, indicating that the stock is undervalued by 6.6%. This margin of safety presents an opportunity for potential investors, as the stock is trading at a price that is lower than its estimated intrinsic value. However, caution is warranted as the GF Valuation label is "Fairly Valued," suggesting that while there is potential upside, there may also be inherent risks in the current valuation.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current market dynamics and the company's performance metrics, investors may want to consider both the upside potential and the underlying risks before making investment decisions.

How Does VST's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 25.7x 27.5x Forward P/E 17.2x N/A Currently, Vistra Corp's P/E (TTM) of 25.7x is 6% below its 5-year median P/E of 27.5x. Additionally, the forward P/E of 17.2x indicates that analysts expect improved earnings in the near future. This P/E analysis aligns with the GF Value™ verdict that suggests the stock is undervalued, providing further evidence of potential investment opportunities.

What Does VST's GF Score™ Tell Us? Metric Rating GF Score™ 84/100 Financial Strength 4/10 Profitability 6/10 Growth 10/10 Valuation 10/10 Momentum 5/10 The GF Score™ of 84/100 indicates that Vistra Corp is positioned strongly among its peers, particularly in growth (10/10) and valuation (10/10). However, the company shows weaknesses in financial strength (4/10), suggesting potential concerns regarding its balance sheet or liquidity. Overall, the strong growth and valuation scores highlight the company's potential for future performance, while the financial strength score indicates a need for caution.

What Are Insiders Doing with VST Stock? In the last three months, insiders have sold $1.6 million worth of Vistra Corp shares, with no reported buying activity. This pattern of selling could suggest a lack of confidence among insiders regarding the company's near-term prospects or valuation. While insider selling does not inherently indicate a negative outlook, it can serve as a signal for potential investors to proceed with caution.

What This Means for Investors Based on the analysis, Vistra Corp VST appears to be undervalued, with a current price of $153.52 compared to a GF Value™ estimate of $164.41. However, potential investors should take note of the mixed signals from insider activity and the company's financial strength score.

For the complete analysis, visit the Vistra Corp VST stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is VST's GF Score™?

Vistra Corp has a GF Score™ of 84/100, indicating a strong overall position based on key financial metrics that suggest the potential for higher long-term returns.

Is VST overvalued or undervalued?

VST is currently undervalued, with a GF Value™ estimate of $164.41 compared to the current price of $153.52, representing a 6.6% discount.

What is VST's P/E ratio?

Vistra Corp's P/E TTM is 25.7x, which is currently lower than its 5-year median P/E of 27.5x, suggesting the stock is trading at a lower valuation compared to its historical average.

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].
2026-06-16 01:00 1mo ago
2026-06-15 18:28 1mo ago
Fifth Third Bancorp (FITB) Shares Fall 3.2% -- GF Value Says Still Overvalued
FITB Fifth Third Bancorp
FMP Stock News
Original source text
On June 15, 2026, Fifth Third Bancorp FITB shares fell 3.2% today, closing at $53.00. The stock has seen a 52-week range from a low of $37.86 to a high of $55.44, reflecting significant volatility and growth over the past year.

GF Value™ verdict: Current price $53.00 vs GF Value™ of $45.71, indicating the stock is 15.9% overvalued.GF Score™ of 67/100 suggests the stock is rated as above average in quality.Notable signal: Insiders sold $1.3M worth of shares in the last three months, with no buying activity reported. Is FITB Overvalued or Undervalued? Fifth Third Bancorp's current stock price of $53.00 exceeds the GF Value™ estimate of $45.71, marking the stock as 15.9% overvalued. This overvaluation indicates a potential risk for investors, as the market may be pricing the stock too high relative to its intrinsic value. The GF Valuation label categorizes the stock as "Modestly Overvalued," suggesting caution for potential buyers and consideration of the margin of safety before investing.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Investors may want to consider this overvaluation in light of the company's financial strength and recent insider selling, which could indicate a lack of confidence from those closest to the business.

How Does FITB's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 17.8x 11.7x (5-Year Median) Forward P/E 13.7x N/A Fifth Third Bancorp's current P/E ratio of 17.8x is significantly above its 5-year median of 11.7x, indicating that the stock is trading at a premium compared to its historical valuation. This analysis agrees with the GF Value™ verdict of the stock being overvalued, further emphasizing the risks associated with its current pricing.

What Does FITB's GF Score™ Tell Us? Metric Rating GF Score™ 67/100 Financial Strength 2/10 Profitability 4/10 Growth 6/10 Valuation 6/10 Momentum 8/10 The GF Score™ of 67/100 reflects an above-average rating, with notable strength in the Momentum category at 8/10, suggesting that the stock has performed well in the short term. However, the Financial Strength score of 2/10 points to significant concerns about the company's financial stability. Overall, the mixed scores indicate that while there may be some positive momentum, the underlying financial fundamentals could be a cause for concern.

What Are Insiders Doing with FITB Stock? In recent months, insiders at Fifth Third Bancorp have sold a total of $1.3 million worth of shares without any reported buying activity. This pattern of selling could suggest a lack of confidence in the stock's future performance from those with intimate knowledge of the company's operations. Investors often watch insider activity closely as it can provide insight into the sentiment of those who are most familiar with the company's financial health.

What This Means for Investors Based on the GF Value™ assessment, Fifth Third Bancorp is currently overvalued. The stock's price exceeds its intrinsic value estimate, suggesting that investors should approach with caution, considering the potential risks associated with such an overvaluation.

For the complete analysis, visit the Fifth Third Bancorp FITB stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is FITB's GF Score™?

FITB has a GF Score™ of 67/100, indicating that it is rated as above average in quality based on several key factors.

Is FITB overvalued or undervalued?

FITB is overvalued according to the GF Value™ assessment, as its current price exceeds the estimated intrinsic value by 15.9%.

What is FITB's P/E ratio?

FITB's P/E (TTM) ratio is 17.8x, which is 52% above its 5-year median of 11.7x, indicating that the stock is trading at a premium compared to its historical valuation.

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].
2026-06-16 00:58 1mo ago
2026-06-15 18:11 1mo ago
A Look at Ciena Corp (CIEN) After 3.9% Gain -- GF Value $95.73 vs Price $463.41
CIEN Ciena
FMP Stock News
Original source text
On June 15, 2026, Ciena Corp CIEN shares rose 3.9% today, reaching a current price of $463.41. Despite today's positive move, the stock has faced volatility, with a 52-week range between $71.72 and $637.51.

GF Value™ verdict: Current price is $463.41, indicating a 384.1% overvaluation against a GF Value™ of $95.73.GF Score™ of 72/100 suggests the company is above average in terms of financial health and growth potential.Notable signal: Insiders sold $27.2 million worth of stock in the last 3 months, indicating a lack of confidence in the current valuation. Is CIEN Overvalued or Undervalued? Ciena Corp's current price of $463.41 is significantly higher than the GF Value™ of $95.73, suggesting that the stock is overvalued by 384.1%. This substantial gap indicates a lack of margin of safety for potential investors. The GF Valuation label classifies CIEN as "Significantly Overvalued," which poses risks for those considering an investment based on current prices. In a scenario where the market corrects itself, investors may face considerable losses if the stock price moves closer to its intrinsic value.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. As it stands, the steep overvaluation raises concerns about the sustainability of Ciena’s current price, especially in light of recent insider selling activity.

How Does CIEN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 154.5x 41.4x Forward P/E 70.5x N/A CIEN's current P/E ratio of 154.5x is 273% above its 5-year median P/E of 41.4x, indicating that the stock is trading well above its historical valuation levels. This analysis aligns with the GF Value™ verdict, reinforcing the conclusion that the stock is significantly overvalued relative to its historical performance.

What Does CIEN's GF Score™ Tell Us? Metric Rating GF Score™ 72/100 Financial Strength 8/10 Profitability 7/10 Growth 9/10 Valuation 1/10 Momentum 3/10 The GF Score™ of 72/100 indicates that Ciena Corp shows above-average strength across several key performance metrics. Its strongest area is growth, with a score of 9/10, reflecting robust potential for future earnings. However, the weakest area is valuation, scoring only 1/10, which corroborates the findings of significant overvaluation as indicated by the GF Value™. The financial strength and profitability ranks are solid, suggesting that while the company is fundamentally strong, its current stock price does not align with its intrinsic value.

What Are Insiders Doing with CIEN Stock? In the last three months, insiders at Ciena Corp have sold $27.2 million worth of shares without any buying activity reported. This pattern often raises red flags for potential investors, as it may suggest that those closest to the company lack confidence in the stock's future performance. The absence of insider buying further emphasizes the concern regarding the current valuation and potential overextension in the market.

What This Means for Investors Based on the GF Value™ analysis, Ciena Corp CIEN is considered overvalued at its current price of $463.41. With a significant gap between the market price and the estimated intrinsic value, potential investors should be cautious about entering positions in this stock until further corrective actions are observed.

For the complete analysis, visit the Ciena Corp CIEN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is CIEN's GF Score™?

CIEN has a GF Score™ of 72/100, indicating above-average performance in key financial metrics and growth potential.

Is CIEN overvalued or undervalued?

CIEN is currently overvalued, with a GF Value™ of $95.73 compared to its market price of $463.41, reflecting a significant discrepancy.

What is CIEN's P/E ratio?

CIEN's P/E ratio is 154.5x, which is substantially higher than its 5-year median P/E of 41.4x, indicating a significant overvaluation relative to its historical performance.

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].
2026-06-16 00:56 1mo ago
2026-06-15 18:46 1mo ago
Leidos (LDOS) Stock Declines While Market Improves: Some Information for Investors
LDOS Leidos Holdings
FMP Stock News
Original source text
Leidos (LDOS - Free Report) closed at $114.60 in the latest trading session, marking a -6.19% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.65% for the day. Elsewhere, the Dow gained 0.92%, while the tech-heavy Nasdaq added 3.07%.

The stock of security and engineering company has fallen by 1.24% in the past month, lagging the Computer and Technology sector's gain of 0.33% and the S&P 500's gain of 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Leidos in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $2.94, reflecting a 8.41% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.36 billion, up 2.62% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.25 per share and revenue of $17.98 billion, indicating changes of +2.17% and +4.7%, respectively, compared to the previous year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Leidos. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Leidos holds a Zacks Rank of #3 (Hold).

From a valuation perspective, Leidos is currently exchanging hands at a Forward P/E ratio of 9.97. This valuation marks a discount compared to its industry average Forward P/E of 14.15.

We can additionally observe that LDOS currently boasts a PEG ratio of 1.55. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Computers - IT Services industry had an average PEG ratio of 1.16.

The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2026-06-16 00:54 1mo ago
2026-06-15 18:13 1mo ago
A Look at Truist Financial Corp (TFC) After 6.2% Decline -- GF Value $48.76 vs Price $48.48
TFC Truist Financial
FMP Stock News
Original source text
On June 15, 2026, Truist Financial Corp TFC shares fell 6.2% to a current price of $48.48. This decline comes within a 52-week range of $38.84 to $56.20, reflecting the volatility and fluctuations inherent in the banking sector.

GF Value™ verdict: The current price of $48.48 is approximately 0.6% below the GF Value™ of $48.76, indicating the stock is slightly undervalued.GF Score™: With a score of 61/100, TFC is categorized as above average, suggesting potential for long-term returns.Most notable signal: There have been no insider transactions in the last three months, indicating a lack of recent insider activity. Is TFC Overvalued or Undervalued? Truist Financial Corp TFC currently trades at a price of $48.48, which is slightly below its GF Value™ estimate of $48.76. This indicates that the stock is 0.6% undervalued, presenting a modest opportunity for value-seeking investors. However, the margin of safety is minimal, and investors should approach with caution, considering market conditions and overall economic factors. The GF Valuation label suggests that the stock is fairly valued, implying that while there may be some upside, the potential for substantial gains might be limited in the short term.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The slight undervaluation could be an attractive point for long-term holders, but the small margin might not provide sufficient buffer against market volatility.

How Does TFC's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 12.0x 11.7x (5-Year Median) Forward P/E 10.6x N/A Currently, TFC's P/E (TTM) stands at 12.0x, which is approximately 3% higher than its 5-year median P/E of 11.7x. Additionally, the forward P/E of 10.6x suggests that analysts expect earnings growth ahead. This P/E analysis indicates that TFC is trading slightly above its historical valuation, aligning with the GF Value™ conclusion of fair valuation, suggesting a cautious outlook for potential investors.

What Does TFC's GF Score™ Tell Us? Metric Rating GF Score™ 61 Financial Strength 2/10 Profitability 4/10 Growth 3/10 Valuation 7/10 Momentum 8/10 The GF Score™ of 61/100 indicates that Truist Financial Corp is above average compared to its peers. However, the company shows weaknesses in Financial Strength (2/10) and Growth (3/10), which may raise concerns about its long-term stability and ability to expand. Conversely, TFC scores well in Valuation (7/10) and Momentum (8/10), suggesting favorable conditions for investors who prioritize value and recent performance trends. These scores highlight a mixed picture, where while the valuation appears attractive, underlying financial strength may require further scrutiny.

What Are Insiders Doing with TFC Stock? In the last three months, there have been no insider transactions reported for Truist Financial Corp. This lack of insider activity may suggest that executives and insiders are not currently taking significant positions in the stock, which could indicate a cautious stance or a wait-and-see approach regarding market conditions. Generally, insider buying can signal confidence in the company's future, while a lack of activity might reflect uncertainty.

What This Means for Investors Based on the GF Value™ assessment, Truist Financial Corp TFC is currently fairly valued, with a slight margin of undervaluation. While the price is close to intrinsic value, potential investors should weigh the company's financial strength and growth prospects against the backdrop of market volatility before making commitments.

For the complete analysis, visit the Truist Financial Corp TFC stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is TFC's GF Score™?

TFC's GF Score™ is 61/100, indicating that the stock is above average compared to its peers, suggesting potential for long-term returns.

Is TFC overvalued or undervalued?

TFC is currently slightly undervalued with a GF Value™ of $48.76 compared to its trading price of $48.48.

What is TFC's P/E ratio?

TFC's P/E (TTM) is 12.0x, which is 3% above its 5-year median P/E of 11.7x, indicating that the stock is trading slightly above its historical valuation.

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].
2026-06-16 00:52 1mo ago
2026-06-15 18:50 1mo ago
Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know
CDNS Cadence Design Systems
FMP Stock News
Original source text
In the latest trading session, Cadence Design Systems (CDNS - Free Report) closed at $394.45, marking a +2.47% move from the previous day. This change outpaced the S&P 500's 1.65% gain on the day. Meanwhile, the Dow experienced a rise of 0.92%, and the technology-dominated Nasdaq saw an increase of 3.07%.

Heading into today, shares of the maker of hardware and software products for validating chip designs had gained 10.86% over the past month, outpacing the Computer and Technology sector's gain of 0.33% and the S&P 500's gain of 0.48%.

Analysts and investors alike will be keeping a close eye on the performance of Cadence Design Systems in its upcoming earnings disclosure. The company is expected to report EPS of $2.05, up 24.24% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.58 billion, up 23.58% from the prior-year quarter.

CDNS's full-year Zacks Consensus Estimates are calling for earnings of $7.94 per share and revenue of $6.2 billion. These results would represent year-over-year changes of +11.2% and +17.11%, respectively.

It is also important to note the recent changes to analyst estimates for Cadence Design Systems. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Cadence Design Systems is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, Cadence Design Systems currently has a Forward P/E ratio of 48.5. This represents a premium compared to its industry average Forward P/E of 14.24.

One should further note that CDNS currently holds a PEG ratio of 3.58. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Computer - Software industry stood at 1.32 at the close of the market yesterday.

The Computer - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 152, finds itself in the bottom 38% echelons of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-06-16 00:50 1mo ago
2026-06-15 19:01 1mo ago
ATI (ATI) Stock Slides as Market Rises: Facts to Know Before You Trade
ATI Allegheny Technologies
FMP Stock News
Original source text
ATI (ATI - Free Report) closed the most recent trading day at $195.81, moving -1.35% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 1.65%. At the same time, the Dow added 0.92%, and the tech-heavy Nasdaq gained 3.07%.

The maker of steel and specialty metals's shares have seen an increase of 28.7% over the last month, surpassing the Aerospace sector's gain of 2.97% and the S&P 500's gain of 0.48%.

The upcoming earnings release of ATI will be of great interest to investors. The company is predicted to post an EPS of $0.99, indicating a 33.78% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.22 billion, indicating a 7.16% growth compared to the corresponding quarter of the prior year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.35 per share and revenue of $4.98 billion, indicating changes of +34.26% and +8.57%, respectively, compared to the previous year.

It is also important to note the recent changes to analyst estimates for ATI. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, ATI holds a Zacks Rank of #2 (Buy).

Looking at its valuation, ATI is holding a Forward P/E ratio of 45.64. This signifies a premium in comparison to the average Forward P/E of 37.32 for its industry.

One should further note that ATI currently holds a PEG ratio of 1.74. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Aerospace - Defense Equipment industry had an average PEG ratio of 2.2.

The Aerospace - Defense Equipment industry is part of the Aerospace sector. At present, this industry carries a Zacks Industry Rank of 46, placing it within the top 19% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow ATI in the coming trading sessions, be sure to utilize Zacks.com.
2026-06-16 00:49 1mo ago
2026-06-15 19:15 1mo ago
Diamondback Energy (FANG) Stock Sinks As Market Gains: Here's Why
FANG Diamondback Energy
FMP Stock News
Original source text
Diamondback Energy (FANG - Free Report) closed the most recent trading day at $189.96, moving -1.13% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.65% for the day. Meanwhile, the Dow experienced a rise of 0.92%, and the technology-dominated Nasdaq saw an increase of 3.07%.

The stock of energy exploration and production company has fallen by 5.62% in the past month, lagging the Oils-Energy sector's loss of 2.71% and the S&P 500's gain of 0.48%.

The investment community will be closely monitoring the performance of Diamondback Energy in its forthcoming earnings report. The company is expected to report EPS of $5.73, up 114.61% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $4.8 billion, indicating a 30.5% increase compared to the same quarter of the previous year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $19.92 per share and revenue of $18.13 billion, indicating changes of +48.99% and +20.68%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Diamondback Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 4.79% increase. As of now, Diamondback Energy holds a Zacks Rank of #3 (Hold).

Investors should also note Diamondback Energy's current valuation metrics, including its Forward P/E ratio of 9.64. This expresses no noticeable deviation compared to the average Forward P/E of 9.64 of its industry.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 108, this industry ranks in the top 45% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-06-16 00:49 1mo ago
2026-06-15 18:25 1mo ago
Old Dominion Freight Line Inc (ODFL) Shares Fall 3.4% -- GF Value Says Still Overvalued
ODFL Old Dominion Freight Line
FMP Stock News
Original source text
On June 15, 2026, Old Dominion Freight Line Inc ODFL shares fell 3.4% to a current price of $237.42. This decline comes amid a 52-week range that has seen a high of $252.03 and a low of $126.01, reflecting notable volatility in the stock's performance.

GF Value™ verdict: ODFL shares are currently priced at $237.42 compared to a GF Value™ of $183.53, indicating the stock is 29.4% overvalued.GF Score™: ODFL has a strong GF Score™ of 92/100, suggesting it has favorable fundamentals compared to its peers.Most notable signal: The financial strength rating of 10/10 indicates a robust financial position for the company. Is ODFL Overvalued or Undervalued? The current market price of Old Dominion Freight Line Inc ODFL is $237.42, which is significantly higher than its GF Value™ of $183.53. This discrepancy suggests that the stock is overvalued by approximately 29.4%. The GF Valuation label classifies ODFL as "Modestly Overvalued," indicating that while the company may be fundamentally strong, its stock price may not be justified by its intrinsic value at this time.

Investors looking at ODFL should consider the margin of safety that GF Value™ offers. Typically, a higher margin of safety provides a buffer against investment risks. With ODFL being overvalued, there is a risk that the stock price may not sustain its current levels, especially if market conditions shift or if the company’s performance does not meet expectations. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does ODFL's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 49.7x 32.9x Forward P/E 43.8x N/A ODFL's current P/E ratio of 49.7x is substantially above its 5-year median P/E of 32.9x, indicating that the stock is trading at a premium compared to its historical valuations. Additionally, the forward P/E of 43.8x suggests that the stock is expected to maintain a high valuation relative to its earnings. This P/E analysis aligns with the GF Value™ verdict, reinforcing the conclusion that ODFL is currently overvalued.

What Does ODFL's GF Score™ Tell Us? Metric Rating GF Score™ 92 Financial Strength 10/10 Profitability 9/10 Growth 9/10 Valuation 5/10 Momentum 8/10 The GF Score™ of 92 indicates that Old Dominion Freight Line Inc has strong fundamentals, particularly in Financial Strength, which is rated 10/10, reflecting a solid balance sheet and low financial risk. Profitability and Growth also rank highly at 9/10, suggesting that the company has been able to generate significant earnings and is positioned for future growth. However, the Valuation rank of 5/10 highlights concerns regarding its current stock price relative to its intrinsic value, underscoring the need for caution in the valuation assessment.

What Are Insiders Doing with ODFL Stock? In the past three months, insiders have sold $4.2 million worth of ODFL shares, with no reported purchasing activity. This trend of selling could suggest a lack of confidence in the stock's current valuation or future performance from those closest to the company. While insider selling can be a normal part of financial planning and liquidity needs, the absence of buying activity may raise questions about the outlook from company executives.

What This Means for Investors Based on the GF Value™ assessment, Old Dominion Freight Line Inc ODFL is currently overvalued. Investors should exercise caution given the significant gap between the market price and the estimated intrinsic value, as well as the recent insider selling activity.

For the complete analysis, visit the Old Dominion Freight Line Inc ODFL stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is ODFL's GF Score™?

ODFL has a GF Score™ of 92/100, indicating strong fundamentals that suggest it may generate higher long-term returns compared to its peers.

Is ODFL overvalued or undervalued?

ODFL is currently overvalued, with a GF Value™ of $183.53 compared to its market price of $237.42, which is a significant premium.

What is ODFL's P/E ratio?

ODFL's P/E ratio is 49.7x, which is 51% higher than its 5-year median P/E of 32.9x, indicating that the stock is trading above its historical valuation levels.

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].
2026-06-16 00:47 1mo ago
2026-06-15 19:09 1mo ago
Corning vs. QuantumScape: Which Technology Stock Is a Better Buy in 2026?
QS Quantumscape
FMP Stock News
Original source text
Investors often weigh the stability of established industrial leaders against the explosive potential of development-stage disruptors. Choosing between Corning (GLW +4.06%) and QuantumScape (QS +1.90%) highlights the trade-off between realized profits and speculative breakthroughs.

Corning dominates the market for specialized glass and fiber optics, providing essential hardware for the artificial intelligence and telecommunications industries. QuantumScape is focused on perfecting solid-state lithium-metal batteries to transform the electric vehicle market. Both companies are vital to the future of connectivity and transportation but operate at different levels of maturity.

The case for CorningCorning dominates the market for specialized glass and fiber optics through its materials-science expertise. Its operations span optical communications, display technologies, and automotive applications, serving a wide array of global manufacturers. Customer concentration adds a layer of risk to the business, as three buyers account for roughly 61% of automotive sales and two customers represent 28% of optical revenue.

In FY 2025, revenue reached nearly $15.6 billion, a significant jump from roughly $13.1 billion in the prior year. Net income for the period was close to $1.6 billion, representing a net margin (the percentage of revenue kept as profit) of approximately 10.2%. This growth reflects strong demand for the specialized glass used in high-tech displays and communication networks.

As of its December 2025 balance sheet, the current ratio was nearly 1.6x, indicating the company has $1.60 in current assets for every $1.00 in liabilities due within a year. Corning remains a bellwether among tech stocks due to its role in building digital communication backbones. The debt-to-equity ratio of 0.9x indicates that total debt is slightly less than the total shareholder equity.

The case for QuantumScapeQuantumScape is developing solid-state lithium-metal batteries intended to replace standard lithium-ion packs in electric vehicles. Its primary goal is to improve battery safety, range, and charging speeds for the automotive sector. The company is significantly dependent on Volkswagen and its subsidiary, PowerCo, which serves as its primary partner for industrializing this technology.

In FY 2025, the company generated $0.0 in revenue as it remained in its development and testing phase. It reported a net loss of nearly $435.1 million during the same period. This loss is expected for a pre-revenue company that focuses entirely on research and development rather than commercial sales.

As of the December 2025 balance sheet, the current ratio was roughly 15.9x. This high ratio shows a significant amount of cash on hand relative to short-term liabilities, which are debts due within twelve months. The debt-to-equity ratio was close to 0.1x, meaning total debt is very low compared to the value of shareholder equity.

Risk profile comparisonCorning faces risks from its concentrated customer base, where the loss of a single major buyer could significantly impact its cash flows. It faces intense competition from global manufacturers like Samsung and Coherent (COHR +7.48%), which creates constant pricing pressure. Geopolitical risks also exist because many of its manufacturing facilities are located in the Asia Pacific region, making it vulnerable to trade disruptions.

QuantumScape must overcome significant technical and production-scale hurdles before achieving commercial viability. It competes with established lithium-ion manufacturers like Panasonic and Tesla (TSLA +0.98%) , which already benefit from massive economies of scale. Global trade tensions between the United States and China could also disrupt its access to the critical materials needed for battery production.

Valuation comparisonCorning provides the stability of a profitable manufacturer, while QuantumScape trades at a valuation that reflects high expectations for its future battery technology and earnings estimates.

MetricCorningQuantumScapeSector BenchmarkForward P/E56.2x299.9x32.2xP/S ratio9.9xn/aSector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

These two companies may seem like an unusual pairing, but they represent two very different ways to invest in emerging technologies. One is a centuries-old manufacturer finding new growth opportunities in artificial intelligence infrastructure, while the other is a speculative bet on the future of solid-state batteries. So, which is the better buy for 2026?

Corning is a very old company (founded in 1851) that has pivoted from manufacturing Edison light bulbs to silica glass and TV tubes, and now to laptop screens and fiber-optic components used in AI infrastructure. It maintains a diverse portfolio of businesses and products today, including specialty glass, clean energy infrastructure, semiconductor components, and more.

And it is actually partnering with QuantumScape to provide ceramic technologies needed for the manufacture of solid-state batteries, which is an interesting fact to consider when comparing the two.

QuantumScape, for its part, offers significantly greater upside potential with its solid-state battery technology, intended to replace lithium-ion batteries used in electric vehicles today. However, it’s still pre-revenue and burning through capital as it continues research and development.

So, the choice between the two companies’ stock comes down to an investor’s risk tolerance. Those who are willing to bet on speculative growth may prefer QuantumScape. I would choose Corning. Its 175-year history demonstrates its remarkable ability to adapt to technological change and generate profits along the way.
2026-06-16 00:47 1mo ago
2026-06-15 18:59 1mo ago
Wintrust Financial Is Getting Closer To A Downgrade
WTFC Wintrust Financial Corporation
FMP Stock News
Original source text
37.45K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-16 00:40 1mo ago
2026-06-15 18:40 1mo ago
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Verra Mobility Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - VRRM
VRRM Verra Mobility
FMP Stock News
Original source text
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026.

SO WHAT: If you purchased Verra Mobility common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Verra Mobility class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra’s relationship with Avis Budget Group (“Avis”), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Verra Mobility class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com
2026-06-16 00:40 1mo ago
2026-06-15 18:46 1mo ago
VRRM Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Verra Mobility Corporation Class Action Lawsuit
VRRM Verra Mobility
FMP Stock News
Original source text
SAN DIEGO, June 15, 2026 (GLOBE NEWSWIRE) -- Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Verra Mobility Corporation (NASDAQ: VRRM) securities between February 24, 2026, and May 26, 2026. Verra Mobility Corporation provides smart mobility technology solutions in the United States, Australia, Europe, and Canada. It operates through three segments: Commercial Services, Government Solutions, and Parking Solutions.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that Verra Mobility Corporation (VRRM) Misled Investors Regarding its Business Prospects

According to the complaint, during the class period, defendants provided investors with material information concerning Verra’s growth potential for full-year 2026, including confidence in the Company’s projected revenue outlook and anticipated growth of its Commercial Services segment, assurances regarding contract renewals with major rent-a-car (“RAC”) customers, and expectations for continued growth in its rental car tolling business. At the same time, defendants disseminated materially false and misleading statements and/or concealed material adverse facts concerning the true state of Verra’s relationship with Avis Budget Group (“Avis”), particularly with respect to obtaining a contract extension with Avis. Defendants also minimized concerns that major RAC customers could replace Verra with in-house solutions or outsourced alternatives. By omitting these material facts while making overwhelmingly positive statements about the Company’s prospects, defendants caused Plaintiff and other shareholders to purchase Verra securities at artificially inflated prices.

Plaintiff alleges that on May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. On this news, the price of Verra's common stock declined dramatically from a closing price of $13.08 per share on May 26, 2026 to $3.85 per share on May 27, 2026, a decline of approximately 71%.

What Now: You may be eligible to participate in the class action against Verra Mobility Corporation. Shareholders who wish to serve as lead plaintiff for the class should contact Robbins LLP. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Verra Mobility Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.
2026-06-16 00:39 1mo ago
2026-06-15 18:01 1mo ago
CALX INVESTOR REMINDER: Calix, Inc. Investors Have Until July 27, 2026 To Seek Lead Plaintiff Role
CALX Calix
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Calix, Inc. (“Calix” or the “Company”) (NYSE:CALX) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

Investors have until July 27, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased securities during the period of January 28, 2026 through April 21, 2026, inclusive (“the Class Period”). The lawsuit alleges that (1) the Company's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) that the Company's advanced supply of memory components was dwindling; and (3) that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices.

On April 21, 2026, Calix reported results for the first quarter of 2026 earnings, including that “Non-GAAP gross margin was 57.2%, down 80 basis points sequentially.” Further, the Company reported “gross margin guidance for the second quarter of 2026 is between 54.25% and 57.25%” and “[f]or the year, we expect our non-GAAP gross margin to decline between 50 and 150 basis points.” In the accompanying earnings call, the Company’s CFO stated “advanced purchasing had allowed us to avoid higher memory component costs during the first quarter. However, that advanced supply has run its course, and we now face market prices.” On this news, the price of Calix shares declined by $6.93 per share, or approximately 14%, from $49.58 per share on April 21, 2026 to close at $42.65 on April 22, 2026.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired Calix securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[WHAT IS A SECURITIES CLASS ACTION?]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
2026-06-16 00:39 1mo ago
2026-06-15 18:36 1mo ago
CALX Stockholders Have Rights – If You Lost Money Investing in Calix, Inc. Contact Robbins LLP for Information About Recovering Your Losses
CALX Calix
FMP Stock News
Original source text
SAN DIEGO, June 15, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Calix, Inc. (NYSE: CALX) securities between January 28, 2026 and April 21, 2026. Calix engages in the provision of cloud and software platforms, and systems and services.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What is the class period? January 28, 2026 - April 21, 2026.

What are the Allegations: Robbins LLP is Investigating Allegations that Calix, Inc. (CALX) Misled Investors Regarding its Business Prospects

According to the complaint, on April 21, 2026, after the market closed, Calix reported results for the first quarter of 2026 earnings, including that “[n]on-GAAP gross margin was 57.2%, a decrease of 80 basis points sequentially.” Further, the Company reported gross margin guidance for the second quarter of 2026 is “55.8% (at the midpoint) is down 140 basis points from the previous quarter. This decline is primarily due the increase in memory component costs.” In the accompanying earnings call held on the same date, the Company’s CFO Cory Sindelar stated “advanced purchasing had allowed us to avoid higher memory component costs during the first quarter. However, that advanced supply has run its course, and we now face market prices.” Sindelar further revealed “reflecting the effects of higher memory component costs,” “[f]or the year, we expect our non-GAAP gross margin to decline between 50 and 150 basis points.” On this news, Calix’s stock price fell $6.93, or 13.98% to close at $42.65 per share on April 22, 2026, on unusually heavy trading volume.

Plaintiff alleges that during the class period defendants failed to disclose to investors:           

the Company’s first quarter margins had significantly benefited from advanced purchasing of memory components; that the Company’s advanced supply of memory components was dwindling; that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; andthat, as a result, defendants’ positive statements about the Company’s margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. What can shareholders do Now? You may be eligible to participate in the class action against Calix, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 27, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Calix, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.
2026-06-16 00:39 1mo ago
2026-06-15 19:15 1mo ago
Crescent Energy (CRGY) Stock Sinks As Market Gains: Here's Why
CRGY Crescent Energy
FMP Stock News
Original source text
Crescent Energy (CRGY - Free Report) closed the most recent trading day at $11.02, moving -4.84% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.65%. Elsewhere, the Dow gained 0.92%, while the tech-heavy Nasdaq added 3.07%.

Prior to today's trading, shares of the oil and gas company had lost 11.2% lagged the Oils-Energy sector's loss of 2.71% and the S&P 500's gain of 0.48%.

The investment community will be paying close attention to the earnings performance of Crescent Energy in its upcoming release. The company's earnings per share (EPS) are projected to be $0.64, reflecting a 48.84% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.25 billion, indicating a 39.08% growth compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.51 per share and revenue of $4.88 billion. These totals would mark changes of +39.44% and +36.41%, respectively, from last year.

Any recent changes to analyst estimates for Crescent Energy should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.63% upward. At present, Crescent Energy boasts a Zacks Rank of #1 (Strong Buy).

From a valuation perspective, Crescent Energy is currently exchanging hands at a Forward P/E ratio of 4.62. This represents a discount compared to its industry average Forward P/E of 16.91.

The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 101, placing it within the top 42% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-06-16 00:39 1mo ago
2026-06-15 19:01 1mo ago
Kyndryl Holdings, Inc. (KD) Stock Declines While Market Improves: Some Information for Investors
KD Kyndryl Holdings
FMP Stock News
Original source text
Kyndryl Holdings, Inc. (KD - Free Report) ended the recent trading session at $11.57, demonstrating a -1.11% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 1.65%. Elsewhere, the Dow gained 0.92%, while the tech-heavy Nasdaq added 3.07%.

The stock of company has risen by 3.36% in the past month, leading the Business Services sector's loss of 1.04% and the S&P 500's gain of 0.48%.

The investment community will be paying close attention to the earnings performance of Kyndryl Holdings, Inc. in its upcoming release. On that day, Kyndryl Holdings, Inc. is projected to report earnings of $0.17 per share, which would represent a year-over-year decline of 54.05%. Alongside, our most recent consensus estimate is anticipating revenue of $3.69 billion, indicating a 1.42% downward movement from the same quarter last year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.98 per share and a revenue of $14.76 billion, indicating changes of +35.62% and -2.19%, respectively, from the former year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Kyndryl Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Kyndryl Holdings, Inc. is currently sporting a Zacks Rank of #5 (Strong Sell).

Looking at its valuation, Kyndryl Holdings, Inc. is holding a Forward P/E ratio of 5.92. This represents a discount compared to its industry average Forward P/E of 15.42.

The Technology Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 163, positioning it in the bottom 34% of all 250+ industries.

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

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2026-06-16 00:37 1mo ago
2026-06-15 18:15 1mo ago
Ready Capital Corporation Declares Second Quarter 2026 Dividends
RC Ready Capital Corp
FMP Stock News
Original source text
June 15, 2026 18:15 ET  | Source: Ready Capital Corporation

NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2026. This dividend is payable on July 31, 2026, to shareholders of record as of the close of business on June 30, 2026.

Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”).

The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2026, to Series C Preferred stockholders of record as of the close of business on June 30, 2026.

The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2026, to Series E Preferred stockholders of record as of the close of business on June 30, 2026.

About Ready Capital Corporation

Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs over 400 professionals nationwide.

Contact

Investor Relations
212-257-4666
[email protected]

Media Relations
[email protected]