Track market-moving stories before they get noisy

Key Takeaways U.S. stocks are set for a firmer start as hopes of a U.S.-Iran peace deal lift market sentiment.The screen targets stocks beating the S&P 500 over 12 weeks, four weeks and one week.PLGO, GCO, DAVE, NUE and ARW passed the screen with positive estimate revisions and strong price gains. U.S. stocks look set to begin the week on a firmer note as hopes of a U.S.-Iran peace deal ease a major source of market anxiety. Stock futures moved higher, oil prices fell, and markets rallied following reports of progress in reopening the Strait of Hormuz. Lower crude prices could help cool inflation worries, giving investors more confidence ahead of the Federal Reserve’s policy decision.

The tone is not risk-free, since details of the agreement still need to be signed, and energy flows may take time to normalize. Even so, the backdrop has turned mildly bullish. Stronger interest in technology and innovation-led names also points to improving confidence. In this setting, relative price strength remains a useful strategy. Stocks already outperforming may attract fresh buying as sentiment improves.

At this stage, investors would be wise to consider companies such as Pelagos Insurance Capital Limited (PLGO - Free Report) , Genesco Inc. (GCO - Free Report) , Dave Inc. (DAVE - Free Report) , Nucor Corporation (NUE - Free Report) and Arrow Electronics (ARW - Free Report) .

Relative Price Strength Strategy

Investors generally gauge a stock’s potential returns by examining earnings growth and valuation multiples. At the same time, it’s essential to measure the performance of such a stock relative to its industry, peers, or an appropriate benchmark.

If you see that a stock is underperforming on fundamental factors, it would be prudent to move on and find a better alternative. However, those outperforming their respective sectors in terms of price should be selected because they stand a better chance of providing considerable returns.

Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 for 1 to 3 months, at least, and having solid fundamentals, indicate room for growth and the best way to go about this strategy.

Finally, it is crucial to find out whether analysts are optimistic about the upcoming earnings of these companies. In order to do this, we have added positive estimate revisions for the current quarter’s (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains.

Screening Parameters

Relative % Price change – 12 weeks greater than 0

Relative % Price change – 4 weeks greater than 0

Relative % Price change – 1 week greater than 0

(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)

% Change (Q1) Est. over 4 Weeks greater than 0: Positive current-quarter estimate revisions over the last four weeks.

Zacks Rank equal to 1: Only Zacks Rank #1 (Strong Buy) stocks — that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years — can get through. You can see the complete list of today’s Zacks #1 Rank stocks here.

Current Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000: A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate liquidity.

VGM Score less than or equal to B:Our research shows that stocks with a VGM Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential.

Here are five of the 14 stocks that made it through the screen:

Pelagos Insurance Capital: Pelagos Insurance Capital is a specialty insurance and reinsurance company focused on strategic capital allocation and careful risk selection. Backed by strong ratings, diversified underwriting partners and solid capital, it aims to build long-term value. Over the past 60 days, the Zacks Consensus Estimate for the company’s 2026 earnings has moved up 14.9%. PLGO has a VGM Score of B.

Pelagos Insurance Capital beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other. It has a trailing four-quarter earnings surprise of roughly 53.6%, on average. PLGO shares have gained 41.5% in a year.

Genesco: Genesco is a footwear-focused retailer bringing style-led brands like Journeys, Schuh, Johnston & Murphy and Little Burgundy to customers. It blends curated products, distinct brand stories, digital growth and strong teams to build loyalty. The Zacks Consensus Estimate for Genesco’s fiscal 2027 earnings indicates 55.2% growth. GCO has a VGM Score of B.

The firm has a market capitalization of around $472 million. Over the past 60 days, the Zacks Consensus Estimate for Genesco’s fiscal 2027 earnings has gone up 4.7%. GCO’s shares have surged 93.6% in a year.

Dave: It is a digital banking platform helping underserved users manage money with ease. DAVE’s tools include budgeting support, interest-free cash advances, side income opportunities, and a modern checking account — all designed to boost financial health. The Zacks Consensus Estimate for 2026 earnings of the company indicates 22.7% growth. DAVE has a VGM Score of B.

Over the past 60 days, the Zacks Consensus Estimate for DAVE’s 2026 earnings has moved up 11.1%. The company has a market capitalization of $3.7 billion. DAVE shares have gone up 32.4% in a year.

Nucor: Nucor is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the United States. The Zacks Consensus Estimate for 2026 earnings of Nucor indicates 103.8% growth. NUE has a VGM Score of B.

Over the past 60 days, the Zacks Consensus Estimate for Nucor’s 2026 earnings has moved up 33.4%. The company has a market capitalization of $69.7 billion. NUE shares have gone up 119% in a year.

Arrow Electronics: The company is one of the world’s largest distributors of electronic components and enterprise computing products. Over the past 60 days, the Zacks Consensus Estimate for Arrow Electronics’ 2026 earnings has moved up 40.9%. ARW has a VGM Score of B.

Arrow Electronics beat the Zacks Consensus Estimate for earnings in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 33.7%, on average. ARW shares have gained 81.7% in a year.

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain Incorporated (NYSE: IRM) (the "Company"), a global leader in information management services, today announced a proposed offering of $1.0 billion aggregate principal amount of its Senior Notes due 2035 (the “Notes”). The Notes will initially be fully and unconditionally guaranteed by the Company's subsidiaries that are obligors under each series of its existing notes. The Company intends to use the net proceeds from the offering of the Notes to r.

The semiconductor sector ripped 8.8% in a single week, with the SMH ETF closing at $619.96 on June 12, 2026, reclaiming levels above both Tuesday’s and Friday’s highs after getting hard hit last Friday. The host of Stock Market Today With IBD said the ETF contains a lot of chips that are well into new high territory that really just didn’t stop at all. If you waited for confirmation, confirmation showed up. These are the five names doing the heavy lifting.

1. Kulicke & Soffa (KLIC): The Small-Cap Nobody’s Talking About Start with the name most portfolios don’t own. Kulicke & Soffa (NASDAQ:KLIC) makes the back-end packaging equipment that bonds AI chips together, and the host put it right there in new high territory. The company is raising fiscal-year capex from $12M to $22M specifically to expand its Thermo-Compression Bonding systems toward a $400M annual TCB sales target. That is direct advanced-packaging exposure, sold to the same fabs running NVIDIA and AMD’s hottest silicon.

The Q2 FY26 print, reported May 6, 2026, showed revenue of $242.62 million against $161.99 million the prior year, with non-GAAP EPS swinging to $0.79 from a $0.52 loss. CEO Lester Wong said, “Demand is stronger than anticipated due to both technology and capacity needs across general semiconductor, memory, automotive and industrial end markets.” Guidance for the next quarter calls for revenue near $310M and non-GAAP EPS around $1.00.

The stock added 15% last week and is up 149% year to date at $113.13. The 52-week low was $30.93. The next name is the one institutions are forced to own.

2. Lam Research (LRCX): The Heavyweight Doing the Talking If KLIC is the whisper, Lam Research (NASDAQ:LRCX | LRCX Price Prediction) is the roar. The host called it out by name as looking very strong. Lam sells the deposition and etch tools that every leading-edge fab needs to build HBM stacks and gate-all-around transistors. Every dollar of hyperscaler AI capex eventually walks through a Lam tool.

The March 2026 quarter delivered revenue of $5.84 billion, up 23.8% year over year, with non-GAAP EPS of $1.47 against a $1.36 consensus, the fourth consecutive EPS beat. Operating margin expanded to 35.0%. CEO Tim Archer said, “Lam delivered record revenue and EPS in the March quarter as AI-driven demand reshapes the semiconductor industry.” June quarter guidance points to $6.60 billion in revenue, a sequential acceleration.

Shares jumped 21% last week to $366.81, with a year-to-date gain of 115%. On a 10-year basis, Lam is up 5,013%. The next name is the only company in the world that builds the machine Lam’s customers can’t live without.

3. ASML: The Monopoly There is exactly one supplier of EUV lithography systems on the planet, and ASML (NASDAQ:ASML) is it. No EUV, no advanced node. No advanced node, no Blackwell, no MI400, no custom hyperscaler silicon. The toll bridge analogy gets overused, but ASML is the only gas station for fifty miles on the road to sub-2nm.

Q1 2026 revenue came in at $10.34 billion with diluted EPS of $8.43 and gross margin of 53.0%. CEO Christophe Fouquet said, “The semiconductor industry’s growth outlook continues to solidify, driven by ongoing AI-related infrastructure investments. Demand for chips is outpacing supply. In response, our customers are accelerating their capacity expansion plans for 2026 and beyond.” Management raised full-year 2026 revenue guidance to $42.47B-$47.19B and now sees a 2030 opportunity of $51.91B-$70.78B at 56-60% gross margins.

Backlog tells the story. Q4 2025 backlog stood at $45.06 billion, with quarterly net orders of $15.28 billion, of which $8.60 billion was EUV alone. Shares added 14% last week to $1,863.55, with a YTD gain of 75%. The next name skips the equipment entirely and sells the blueprint.

4. Arm Holdings (ARM): The CPU Standard Is Eating the Data Center The host said Arm Holdings (NASDAQ:ARM) has been looking good, and that is putting it mildly. Arm’s architecture sits inside every smartphone on Earth, and now it is sliding into the data center underneath Google’s Axion, NVIDIA’s Vera, and Microsoft’s Cobalt. When the workload shifted to agentic AI, the CPU stopped being an afterthought.

Q4 FY2026, reported May 6, 2026, showed revenue of $1.49 billion, up 20.1% year over year, with non-GAAP EPS of $0.60. License revenue grew 29% and data center royalty more than doubled. CEO Rene Haas said, “As AI becomes more agentic, demand for Arm AGI CPU, Arm’s first data center chip, has exceeded expectations, reinforcing Arm as the compute platform for the AI era.” Customer demand for the AGI CPU already exceeds $2 billion across FY27-FY28, against a data center CPU TAM Arm pegs at over $100 billion by 2030.

The stock ripped 11% last week to $380.81, with a one-month gain of 72% and a YTD gain of 248%. Friday alone was 11%. The valuation is steep at a 449 P/E, but the design wins are real. The last name on this list is where the AI bookings story reads like a hard backlog.

5. Marvell Technology (MRVL): The Payoff Marvell Technology (NASDAQ:MRVL) is the cleanest pure-play on AI data center interconnect that retail investors can buy. Custom XPU silicon for hyperscalers. 1.6T optics. 51.2T Ethernet switches. The plumbing that decides whether a GPU cluster actually scales or just sits there waiting on bandwidth. I’ve followed the custom-silicon thesis for years, and Marvell’s quarter is the one that finally cracked the case open.

Q1 FY2027, reported May 27, 2026, delivered revenue of $2.417 billion, up 27.6% year over year. Data center revenue hit $1.833 billion, or 76% of the total. CEO Matt Murphy said, “We are seeing exceptional AI-related bookings, and as a result, we are significantly raising Marvell’s revenue outlook for both fiscal 2027 and fiscal 2028.” Q2 guidance points to $2.7 billion at the midpoint, an implied 35% growth rate, with management explicitly telling investors to expect growth to accelerate each quarter throughout fiscal 2027.

The kicker is what happened on Reddit during the breakout. Sentiment on June 8 collapsed to 10 on a wallstreetbets post about “100k+ gain shorting Nebius and Marvell last Thursday”, then flipped to 88 by June 10 as the chopper-loading bulls took over. Shares closed the week up 6% at $279.70, with a YTD gain of 230%. Analyst consensus price target sits at $235.70, which the stock has already blown past, and the rating split is 8 Strong Buy, 31 Buy, 5 Hold.

The Setup The host called the chip sector just spitting distance away from new high territory, and the tape is now there. Five names, five CEOs, one story: AI capex is outrunning supply and the picks-and-shovels providers are guiding sequential acceleration into 2027. KLIC sits at the back end, Lam and ASML own the front end, Arm owns the instruction set, and Marvell owns the interconnect. The breakout already happened. The question is whether you were watching when it did.

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.

Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.

A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

There are several stocks that currently pass through the screen and Jones Lang LaSalle (JLL - Free Report) is one of them. Here are the key reasons why this stock is a great candidate.

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 4.1% over the past four weeks positions the stock of this financial and professional services company well in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. JLL meets this criterion too, as the stock gained 2.1% over the past 12 weeks.

Moreover, the momentum for JLL is fast paced, as the stock currently has a beta of 1.29. This indicates that the stock moves 29% higher than the market in either direction.

Given this price performance, it is no surprise that JLL has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped JLL earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, JLL is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. JLL is currently trading at 0.52 times its sales. In other words, investors need to pay only 52 cents for each dollar of sales.

So, JLL appears to have plenty of room to run, and that too at a fast pace.

In addition to JLL, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

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

Over the past month, shares of this software company have returned -1.2%, compared to the Zacks S&P 500 composite's +0.5% change. During this period, the Zacks Internet - Software industry, which Nice falls in, has gained 0.2%. The key question now is: What could be the stock's future direction?

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

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

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

Nice is expected to post earnings of $2.63 per share for the current quarter, representing a year-over-year change of -12.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

For the current fiscal year, the consensus earnings estimate of $11.1 points to a change of -9.8% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $12.64 indicates a change of +13.9% from what Nice is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nice is rated Zacks Rank #3 (Hold).

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

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Nice, the consensus sales estimate for the current quarter of $767.17 million indicates a year-over-year change of +5.6%. For the current and next fiscal years, $3.18 billion and $3.49 billion estimates indicate +7.9% and +9.7% changes, respectively.

Last Reported Results and Surprise HistoryNice reported revenues of $768.62 million in the last reported quarter, representing a year-over-year change of +9.8%. EPS of $2.64 for the same period compares with $2.87 a year ago.

Compared to the Zacks Consensus Estimate of $761.09 million, the reported revenues represent a surprise of +0.99%. The EPS surprise was +4.76%.

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

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

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

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

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

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nice. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

An ethanol plant with its giant corn silos next to a cornfield in Windsor, Colorado July 7, 2006./File Photo Purchase Licensing Rights, opens new tab

CompaniesSAO PAULO, June 15 (Reuters) - The International Maritime Organization's decision defining Brazilian corn ethanol's carbon footprint is a landmark step that could position maritime transport as ​a major future market for the sector, industry executives told Reuters.

In ‌May, the IMO defined the default value of Brazilian corn ethanol's carbon footprint at 20.8 grams of carbon dioxide-equivalent (CO2e) per megajoule, specifically referring to biofuel produced from the country's intermediate or ​second-corn crop.

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The current average greenhouse gas fuel intensity in shipping is 93.3 ​grams of CO2e per megajoule, according to the IMO.

The IMO's defined ⁠value for Brazilian corn ethanol is a significant step as the agency ​builds regulations to govern lower-carbon fuels, said Gustavo Mariano, vice president of trading at ​Inpasa.

"It was a historic and symbolic milestone," Mariano said in an interview, adding that it consolidates the position of Brazilian and South American corn ethanol as a viable fuel for decarbonization.

For ​decades, Brazil's ethanol industry has been dominated by the country's sugarcane producers. However, ​according to industry association UNEM, corn ethanol output surged to almost 10 billion liters in the ‌2025/26 ⁠season, up from 2.65 billion liters at the start of the decade.

Once biofuels receive approval for use in shipping, producers could benefit from possible premiums on greener fuels, said Rafael Abud, chief executive of corn ethanol maker FS Fueling Sustainability.

"We have ​invested heavily in ​every aspect we ⁠can to decarbonize our product," Abud said, citing efforts to lower emissions from biomass use, industrial efficiency and a bioenergy ​with carbon capture and storage project that could eventually make FS ​ethanol ⁠carbon negative.

The scale of the global shipping industry means Brazil's second-crop corn ethanol will not be in competition with other biofuels such as sugarcane ethanol and biodiesel, but will complement ⁠them ​instead, the executives said.

"If the global bunker market ​were converted into ethanol equivalent, it would be almost 400 billion liters," Mariano said. "These are volumes so ​large that we need all sustainable biofuels."

Reporting by Oliver Griffin; Editing by Will Dunham

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After five years with Reuters in Colombia and the Andes, Oliver is now based in Brazil's São Paulo. He covers soft commodities including sugar, coffee, cocoa - among others - as well as some biofuels.

PALO ALTO, Calif.--(BUSINESS WIRE)--Rubrik (NYSE: RBRK), the Security and AI Operations Company, announced that its podcast documentary series, “To Catch a Thief,” has won a prestigious Tribeca X Award during the 25th annual Tribeca Festival in New York City, which recognizes outstanding achievement in story-driven brand collaborations. Produced in partnership with Pod People, “To Catch a Thief” was recognized as the Best Audio/Podcast for its groundbreaking premiere season: “China's Rise to Cyb.

Boston, Massachusetts and Amsterdam, Netherlands, June 15, 2026 (GLOBE NEWSWIRE) -- Food and agriculture has been through a noisy capital cycle. A lot of money chased capital-intensive stories that attempted to rebuild the food system from scratch. Anterra Capital’s view is simpler and more practical. The food system is too large and too entrenched to be replaced, but it can be transformed from within, particularly by companies operating at deep leverage points that can scale on existing industry infrastructure, on economics that make sense from day one.

The close
Fund III's first close, at $100 million against a target of $200 million, marks an important milestone for Anterra. The firm was built on the conviction that the tools that had already transformed other industries — life science tools that reshaped human health, and software that rewired sectors from logistics to financial services — would eventually transition to, and transform, food and agriculture.  

“The firm has now successfully navigated two capital cycles in food and agriculture,” said Maarten Goossens, Partner at Anterra Capital. “Each one rewarded the same discipline: backing companies that deliver real returns for their customers and to their investors. What's different this time is that the real-world industries we operate in — large, complex and historically resistant to change — are now ready to be rewired, and the tools to do it have arrived.”

Why Fund III, why now
Food and agriculture remains the largest industry on the planet, roughly $10 trillion in size, employing around 1.3 billion people, nearly 40% of the world's workforce. It is also where a set of structural forces is converging — margin volatility, food security, climate and water constraints, tightening regulation, and health outcomes increasingly tied to what the system produces — each one a reason the old way of operating no longer holds.

Those same forces drew a wave of capital chasing the change they promised. Global investment in food and agriculture technology surged to a historical peak of nearly $52 billion in 2021 before falling back to roughly $16 billion — 2016 levels. Much of that generalist capital backed ambitious, capital-intensive bets that failed to scale: indoor vertical farms, plant-based processed meat alternatives and 10-minute grocery delivery. Anterra took a different approach — backing science-backed companies built on real unit economics and designed to scale through existing industry channels. That retreat of capital from hype back to fundamentals is precisely what now opens the door for disciplined specialists.

And now there is AI — the defining technology shift of our era, and its impact runs deepest in the industries the last generation of software never reached: those which still run on manual workflows, fragmented data and analogue infrastructure. None is larger than food and agriculture. Two engines are now firing at once: vertical AI, the fastest-growing category in enterprise technology with investment tripling in a single year, is finally digitizing how these industries operate; in biology, AI is compressing R&D timelines, shrinking teams and slashing the capital needed to reach a first commercial milestone — unlocking a generation of opportunities that were previously out of reach for venture capital. The capital cycle has cleared the noise. And Anterra has spent twelve years building the knowledge and relationships to deploy into both.

Track record
Anterra's investment thesis has been consistent across two funds — and with valuations reset and AI now changing the economics of building in both software and biology, the moment has finally arrived to deploy it at scale.

Anterra’s first two funds have produced top tier returns and multiple exits, including one of the largest exits ever in early-stage veterinary medicine, a Nasdaq IPO, and several other acquisitions by industry leading strategics across the value chain.

Company-building is a core part of how Anterra operates, deployed where the firm identifies white space the market has not filled. Its first company creation, Enko Chem, is discovering & developing next-generation crop protection chemistry through rational design to replace old, ineffective and unsafe products such as glyphosate, and partnering with key industry leaders, including Syngenta and Bayer Crop Science. Invetx, founded in 2018 and built by the firm from the ground up, applied proven biological approaches from human medicine to veterinary medicine and was acquired by Dechra Pharmaceuticals for over half a billion dollars within 6 years of inception.

Investor base
Anterra's investor base spans institutional investors, food system operators and industry innovators across North America, Europe and APAC. It includes the world's largest food and agriculture bank, one of the largest life sciences investors globally, a leading Asian sovereign wealth fund, and the world's largest animal health company — institutions that understand both the scale of the opportunity and what it takes to capture it. Alongside them sit operators who between them farm more than 13 million acres and include leaders of some of the world's largest CPG, bakery, produce logistics and food retail businesses.

“The vote of confidence from our investor base is what gives this close its weight,” said Adam Anders, Partner at Anterra Capital. “The combination of leading global asset managers, the institutions that know our sector backwards and the operators who farm millions of acres all backing the same thesis is an unrivalled force supporting the Anterra portfolio”.

What’s next
Fund III has already backed Anchr, an AI-native platform modernizing the back office of food distribution — a trillion-dollar industry still running largely on paper — alongside a16z Speedrun. The fund's second investment is Animerra, a veterinary biologics company founded and built by Anterra, applying proven biological approaches to our sector and advancing its science with a lean team at a pace that would not have been possible five years ago.

"We've spent twelve years and two funds proving you can build category-defining companies in food and agriculture — and generate real returns doing it," said Brett Wong, Partner at Anterra Capital. "What's changed is that the world has finally caught up to that thesis. The technology is here, the valuations make sense, and the founders building in this sector are the best we've ever seen. This is the most exciting moment in our firm's history, and Fund III is how we intend to make the most of it."

Media images can be found here. 

About Anterra Capital
Anterra Capital is a specialist venture firm investing in food and agriculture, with offices in Amsterdam and Boston. Founded in 2013, the firm manages over $500 million across three funds. Anterra invests in and builds companies that apply life-science and software innovations to food and agriculture. www.anterracapital.com

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of an upsized $800 million AAA-rated personal loan ABS transaction (PAID 2026-4). With 39 unique investors participating, the upsized deal brings Pagaya's year-to-date personal loan ABS issuance to nearly $4 billion and marks the company's third upsized personal loan ABS transact.

On June 15, 2026, we delve into the DCF analysis for The Toronto-Dominion Bank TD , which has shown impressive price performance over the past year. The stock has appreciated significantly, with a year-to-date increase of 26.6% and a remarkable 71.9% rise over the past year. Here are some key points to consider:

DCF Earnings-based intrinsic value of $83.11 compared to the current price of $117.33, indicating a margin of safety of -30.3%. DCF FCF-based intrinsic value stands at $-53.59, suggesting a second opinion on valuation. GF Score™ of 74/100 indicates a moderate reliability of the DCF inputs. What Is TD Worth? DCF Earnings-Based Model The DCF earnings-based model for TD utilizes a two-stage approach to estimate its intrinsic value. The first stage considers a growth phase where earnings per share (EPS) is projected to grow at a rate of 6.2% annually for the next ten years. The second stage accounts for a terminal growth rate of 4% for the subsequent ten years. The discount rate applied is 11%, which combines the risk-free rate and the equity risk premium.

Parameter Value Current EPS (TTM, excl. non-recurring) $6.66 10-Year Growth Rate 6.2% 10-Year Treasury Rate 4.45% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The calculation summary for the two-stage model is as follows:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.2%, discounted at 11% $52.66 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $30.45 Intrinsic Value Growth + Terminal $83.11 With the current price at $117.33, the intrinsic value of $83.11 indicates that TD is modestly overvalued, with a margin of safety of -30.3%. It is important to note that GuruFocus utilizes EPS excluding non-recurring items, as research indicates that stock prices correlate more closely with earnings than free cash flow. For further calculations, you can visit the TD DCF Calculator.

What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based DCF model presents a stark contrast to the earnings-based model, yielding an intrinsic value of $-53.59. This significant discrepancy highlights the potential disagreement between the two valuation methods. The FCF-based model suggests that TD is significantly overvalued, with a margin of safety of -100.0%.

How Does GF Value™ Compare to the DCF Models? The GF Value™ of $80.05 provides a third perspective on TD's valuation. This proprietary measure is calculated based on historical trading multiples, past business growth, and future performance estimates. The GF Value™ aligns with the earnings-based DCF model, indicating that all three models suggest TD is overvalued.

For more insights, you can check the GF Value™ page.

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

Metric Rating GF Score™ 74/100 Financial Strength 2/10 Profitability 6/10 Growth 9/10 Valuation 3/10 Momentum 9/10 With a predictability rank of 3/5 stars, this indicates that the DCF model is moderately reliable for TD. For more details, visit the TD stock page.

Key Assumptions and Limitations It is essential to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Additionally, stocks with low predictability ratings tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions accurately.

What This Means for Investors In summary, the three valuation models—DCF earnings, DCF FCF, and GF Value™—converge on the conclusion that TD is overvalued at its current price of $117.33. The earnings-based intrinsic value of $83.11 and the FCF-based intrinsic value of $-53.59, along with the GF Value™ of $80.05, all suggest caution for potential investors.

For the full DCF analysis, visit the TD DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

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

Answer: earnings-based $90.07, FCF-based $-53.59

Is TD overvalued or undervalued?

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

How reliable is the DCF model for TD?

Answer: The predictability rank of 3/5 indicates a moderate reliability of the DCF model for TD.

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].

Markham, Ontario--(Newsfile Corp. - June 15, 2026) - Extendicare Inc. (TSX: EXE) ("Extendicare" or the "Company") announced that it has declared a cash dividend of C$0.0441 per common share of the Company for the month of June 2026, which is payable on July 15, 2026 to shareholders of record at the close of business on June 30, 2026. This dividend is designated as an "eligible dividend" within the meaning of the Income Tax Act (Canada).

About Extendicare

Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network brands. We are committed to delivering quality care to meet the needs of the growing seniors' population, inspired by our mission to provide people with the care they need, wherever they call home. We operate a network of 99 long-term care homes (59 owned, 40 under management contracts), deliver approximately 24.5 million hours of home health care services annually, and provide group purchasing services to third parties representing approximately 157,100 beds across Canada. Extendicare proudly employs approximately 31,500 individuals and manages an additional 5,000 joint venture employees, all of whom are highly qualified, trained and dedicated team members and passionate about providing high-quality care and services to help people live better.

Forward-looking Statements

Information provided by Extendicare from time to time, including this release, contains or may contain forward-looking statements concerning anticipated future events, results, circumstances, economic performance or expectations with respect to Extendicare and its subsidiaries, including, without limitation: statements regarding its dividend levels, business operations, business strategy, growth strategy, results of operations and financial condition. Forward-looking statements can often be identified by the expressions "anticipate", "believe", "estimate", "expect", "intend", "objective", "plan", "project", "will", "may", "should" or other similar expressions or the negative thereof. These forward-looking statements reflect the Company's current expectations regarding future results, performance or achievements and are based upon information currently available to the Company and on assumptions that the Company believes are reasonable. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in the statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on Extendicare's forward-looking statements. Further information can be found in the disclosure documents filed by Extendicare with the securities regulatory authorities, available at www.sedarplus.ca and on Extendicare's website at www.extendicare.com. Except as required by applicable securities laws, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301480

Source: Extendicare Inc.

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By PYMNTS  |  June 15, 2026

 | 

eToro could become the latest in a string of FinTechs entering the banking space.

The trading and investment platform is considering multiple acquisitions, and also planning an expansion into traditional payment services that could involve a banking license application, CEO Yoni Assia said in an interview with the Financial Times (FT) Monday (June 20).

The company is working with investment bankers to purchase two businesses “soon,” Assia said, adding that the firms in question were wealth-technology businesses, one in the U.S. and another based outside the U.S.

“We are very acquisitive — it is part of the reason why we listed,” the CEO said. “We have a number of potential deals we are looking at including businesses who would help us grow our wealth offering. We remain committed to growing our global footprint including expanding the U.S. market.”

This follows eToro’s acquisition of crypto company Zengo in April, a $70 million deal designed to strengthen the company’s ability to offer things like tokenized assets and rising decentralized trading models like prediction markets and perpetuals.

“We believe the future of finance will be increasingly digital, decentralized and user-controlled, with self-custody playing an important role in that evolution,” Assia said at the time.

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He told the FT he expects further deals in the FinTech space as that sector deals with a funding strain brought on by higher interest rates.

“The key is for diversification into more payments services … and that could see us consider applying for banking licences in the future, or buying a bank,” Assia said, adding that the company would focus more on payments than lending.

As the FT notes, the past several months have seen a wave of FinTechs apply for banking licenses, after the Trump administration relaxed regulations for becoming chartered lenders.

In 2025, the Office of the Comptroller of the Currency received 14 applications de novo charters, many of them from FinTechs. That number nearly equaled the total applications the regulator received in the prior four years combined.

This year has already seen the Latin American financial services giant Nu get conditional approval to establish a U.S. bank. U.K.-based digital lender Revolut also plans to launch an American banking operation.

“A predominant feature of the current charter wave is that many applicants are not seeking to become traditional banks,” PYMNTS wrote earlier this year. “Instead, they are pursuing licenses that allow them to perform specific financial functions.”

Bitmine owns 4.66% of the total ETH coin supply of 120.7 million

Bitmine is 93% of the way to the 'Alchemy of 5%' in just 11 months

Bitmine named to Fortune Crypto 100 list for 2026, a definitive ranking of the most influential companies in blockchain

Bitmine closed on its sale of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock on June 10, 2026

Bitmine's Series A Preferred Stock will trade on the NYSE under the symbol BMNP beginning on June 16, 2026

Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains

Bitmine has 4,718,677 staked ETH, representing $8.1 billion at $1,718 per ETH

MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and resilience

Bitmine owns $88 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $10.4 billion, including 5.62 million ETH tokens, total cash & marketable securities of $502 million, and other crypto holdings

Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock

Bitmine is the 203rd most traded stock in the US, trading $550 million per day (5-day avg)

Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $10.4 billion.

BITMINE Weekly Update

STAKING: BMNR now staking over 4.7 million ETH

ALCHEMY of 5%: BMNR ranked #203 by 5D avg $ volume

As of June 14, 2026 at 6:00pm ET, the Company's crypto holdings are comprised of 5,620,754 ETH at $1,718 per ETH (per CoinbaseNASDAQ: COIN), 204 Bitcoin (BTC), $180 million stake in Beast Industries, $88 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $502 million. Bitmine's ETH holdings are 4.66% of the ETH supply (of 120.7 million ETH).

On June 10, Bitmine closed its offering (the "offering") registered under the Securities Act of 1933, as amended (the "Securities Act"), of 3,500,000 shares of 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), at a public offering price of $80.00 per share. The Company received net proceeds from the offering of approximately $273.8 million, after deducting the underwriting discounts and commissions and the Company's estimated offering expenses. The Series A Preferred Stock is expected to begin trading on the NYSE under the symbol BMNP beginning June 16, 2026. The dividends for BMNP are scheduled to be paid weekly, subject to the terms of the applicable Certificate of Designations.

"The Series A Preferred Stock offering is good balance sheet diversification for Bitmine. The Company's current projected annualized staking rewards of approximately $219 million provide recurring cash flow to support the dividends related to the Series A Preferred shares," stated Thomas "Tom" Lee, Chairman of Bitmine.

On June 11, 2026, Bitmine was named to the Fortune 100 Crypto List (link here). Fortune published this definitive ranking of the most influential companies in blockchain and draws on rigorous data analysis by Inca Digital and a survey of leading crypto experts, according Fortune Magazine.

On May 11, 2026, Bitmine released the latest Chairman's Message (link here) for May 2026.

"Over the past week, we acquired 76,881 ETH. We are maintaining a somewhat elevated pace of buying as we believe this pullback in ETH prices does not reflect the strengthening of Ethereum fundamentals. This is not surprising given we believe we are in the early stages of crypto spring. Bitmine is expected to reach the 'alchemy of 5%' sometime in 2026," stated Mr. Lee.

Bitmine recently launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of June 14, 2026, Bitmine total staked ETH stands at 4,718,677 ($8.1 billion at $1,718 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $269 million on an annualized basis (using 2.79% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now projected at $226 million. And this 4.7 million ETH is over 83% of the 5.62 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.79% (annualized)," continued Lee.

Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 845,256 BTC valued at $54 billion. Bitmine remains the largest ETH treasury in the world. 

Bitmine is one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $550 million (5-day average, as of June 12 2026), ranking #203 in the US, behind Oklo Technologies (rank #202) and ahead of Parker-Hannifin (rank #204) among 5,704 US-listed stocks (statista.com and Fundstrat research).

Bitmine management believes the GENIUS Act and Securities and Exchange Commission's (the "SEC") Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Company also announced that the Board of Directors has declared the third weekly cash dividend in the amount of $0.2639 per share on the outstanding shares of the Company's Series A Preferred Stock, which is expected be paid on July 6, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 26, 2026.

The Chairman's message can be found here:

https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/

To stay informed, please sign up at: https://Bitminetech.io/contact-us/

About Bitmine

Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward Looking Statements

This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as "expects," "projects," "projected," "intends," "believes," "anticipates," "estimates," and similar expressions. This document specifically contains forward-looking statements regarding: (i) the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the expectation that Bitmine will reach this goal sometime in 2026; (ii) the Company's beliefs and expectations regarding the cryptocurrency market, including that Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and agentic AI systems increasingly needing public and neutral blockchains; (iii) the expected trading of the Series A Preferred Stock on the NYSE under the symbol BMNP beginning June 16, 2026; (iv) the dividend payment schedule for the Series A Preferred Stock, including the expectation that the third weekly cash dividend will be paid on July 6, 2026 to holders of record as of June 26, 2026; (v) the Company's digital asset accumulation strategy and staking operations, including projected annualized ETH staking rewards of approximately $269 million (when Bitmine's ETH is fully staked by MAVAN and its staking partners) and current projected annualized staking revenues of approximately $226 million; (vi) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (vii) the Company's characterization of current market conditions as the "early stages of crypto spring" and the belief that ETH price pullbacks do not reflect the strengthening of Ethereum fundamentals; (viii) management's belief that the GENIUS Act and SEC Project Crypto are as transformational to financial services as US action on August 15, 1971 ending Bretton Woods and the USD gold standard; and (ix) continued growth and advancement of the Company's Ethereum treasury strategy. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company's staking operations; risks related to AI systems and their impact on cryptocurrency markets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine's filings with the SEC are available on the SEC's website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

SOURCE Bitmine Immersion Technologies, Inc.

Truist Financial has hired Michael Lyons as its next president and chief executive, plucking the executive from Fiserv.

SanDisk (NASDAQ: SNDK) stock’s remarkable 5,302% rally since it got spun off from Western Digital (NASDAQ: WDC) in 2025 came at the cost of SNDK flashing a strong sell signal after becoming one of the most overbought equities in history.

Specifically, by the time the markets closed on Friday, June 12, the memory firm saw its relative strength index (RSI) cross above 99 on a scale that tops at 100.

SanDisk stock price and RSI chart. Source: Barchart While such a reading would traditionally be a strong sell signal, SanDisk’s relatively brief time as a separate public company in its current iteration and the narrative-driven nature of the wider ongoing rally make determining if SNDK is bound for a correction difficult to gauge.

Why SanDisk stock might not be a ‘Sell’ despite record high RSI Indeed, the company owes much of its success to the ongoing artificial intelligence (AI) boom, and the backing it received from Jensen Huang’s remarks that memory represents the next major technological bottleneck, and from the buying activity of the increasingly popular Leopold Aschenbrenner.

Should the prevailing Wall Street narrative remain relevant in the coming years, there is little reason for SanDisk stock to halt its overall uptrend, even if it suffers temporary corrections.

Indeed, the various notes issued in recent months regarding the sector almost universally foresee the hardware shortages – and elevated prices – to remain a factor at least until 2028.

Similarly, Nvidia’s (NASDAQ: NVDA) CEO opined that memory will remain a significant factor for years to come, effectively forecasting firms like SanDisk can expect to benefit from market undersupply and high demand long-term.

Elsewhere, the historical patterns from a different company in an adjacent industry – Micron (NASDAQ: MU) – indicate that an SNDK stock correction is not imminent. 

Specifically, MU shares have historically enjoyed up to a year of continued soaring even after their RSI hit overbought levels, indicating a possibility that the technical sell signal does not guarantee an immediate sell-off.

SanDisk stock performance in June 2026 Looking at SanDisk stock’s short-term performance, it would appear that investors have not taken the sky-high RSI as a warning signal by press time on June 15. 

After SNDK shares rallied 619.41% year-to-date (YTD), they extended their last-session 5.24% gains by rising another 5.93% with a rise from $1,980.10 at the latest closing bell to $2,097.57 in the Monday pre-market.

SanDisk stock price all-time chart with 2026 performance highlighted. Source: Google Still, it is worth noting that the situation in the extended session is peculiar on account of the Sunday memorandum of understanding (MOU) – sometimes reported as a peace deal – between Iran and the U.S., providing powerful external headwinds across most sectors.

How a massive SanDisk stock sell-off could start Lastly, SanDisk stock could soon turn into a sell regardless of technical analysis (TA) signals. June brought a heated discussion over the costs of AI as some retail users were also moved to usage-based billing. 

The debate has led to a trend of companies – including central firms such as Meta Platforms (NASDAQ: META) – scaling down their usage of the technology.  

Considering the scale of investments in the sector and the degrees of debt various major firms have taken on to fund their AI program, a shift could prove devastating for company revenues and valuations across big tech.

With its exceedingly high RSI and the scale of its overall rally, SNDK stock could prove especially vulnerable to a sell-off.

Featured image via Shutterstock

Halifax, Nova Scotia--(Newsfile Corp. - June 15, 2026) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce a strategic cooperation framework with Sumitomo Corporation of Americas ("SCOA") to support the development of a diversified rare earth supply chain across North America and allied markets.

Under the Agreement, signed on June 10, 2026, the companies will collaborate on sourcing rare earth feedstock for Ucore's Louisiana Strategic Metals Complex (SMC) and downstream offtake development for separated rare earth products. The focus is on selected middle and heavy rare earth elements critical to high-performance magnets and advanced materials applications primarily in Japan while preserving feedstock for additional processing for North American and allied markets.

The collaboration is intended to combine Ucore's developing RapidSX™ technology platform at its Louisiana ("SMC") rare earth refinery with SCOA's global sourcing, logistics, and market access capabilities, including in Japan, as the parties work to support more diversified rare earth supply chains. Furthermore, the companies intend to formally cooperate as project partners in Ucore's previously announced Global Partnership Initiative with the Government of Canada.

Ucore is advancing its rare earth processing platform in North America, including the development of its planned SMC in Louisiana and continued commercial demonstration with the Government of Canada. SCOA has longstanding experience in the global rare earth industry, including sourcing, trading, and supply chain development.

As part of the framework, SCOA will serve as Ucore's distribution partner for designated separated rare earth products sold to selected customer segments in Japan and other mutually agreed industrial applications.

The companies will work together to explore opportunities for cooperation across the rare earth value chain, subject to mutually agreed commercial terms and existing business arrangements.

# # #

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Through strategic partnerships, Ucore aims to support the development of a more diversified and resilient North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA ("Bokan").

Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX® Best Market under the ticker symbol "UURAF."

For further information, please visit www.ucore.com.

Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements" within the meaning of applicable Canadian securities laws. All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements.

For additional risks and uncertainties regarding the Company, its business activities, its ability to qualify for and receive any additional funding from any U.S. or Canadian government, the CDF and the aforementioned projects (generally), see the risk disclosure in the Company's MD&A for Q1-2026 (filed on SEDAR+ on May 29, 2026) (www.sedarplus.ca) as well as the risks described below.

Regarding the disclosure above in the "About Ucore Rare Metals Inc." section, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future SMCs. Ucore has also assumed that sufficient external funding will be found to continue and complete the ongoing research and development work required at the CDF and also later prepare a new National Instrument 43-101 technical report that demonstrates that Bokan is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction and eventual commissioning and operations.

Forward-looking statements are based on a number of material assumptions, including, without limitation: the successful completion and accuracy of baseline, front-end-engineering design and detailed engineering studies; the ability to complete further engineering, procurement, and construction activities as currently contemplated; the availability, cost, and timely delivery of equipment, materials, utilities, labour and construction services; the Company's ability to secure sufficient financing on acceptable terms; the receipt and timing of all required permits and approvals; the successful scale-up and commercial deployment of RapidSX™ technology from demonstration to commercial operation; the availability of qualified feedstock from third-party suppliers; successful customer qualification and offtake discussions; continued support from governmental partners; and general economic, market, and industry conditions, including assumptions regarding rare earth oxide prices, which are subject to significant volatility.

Although the Company believes that the assumptions underlying the forward-looking information are reasonable, there can be no assurance that such assumptions will prove to be accurate or that the anticipated results, performance, or achievements will be realized. Actual results may differ materially from those expressed or implied by the forward-looking information.

Factors that could cause actual results to differ materially include, without limitation: risks associated with the development, scale-up, and commercialization of new or unproven technologies; the risk that RapidSX™ may not perform at commercial scale as expected; engineering design changes; inaccuracies in capital or operating cost estimates; cost escalation due to inflation, supply chain disruption, or market conditions; delays or failures in procurement, construction, or commissioning; the inability to obtain or maintain required permits, approvals, or regulatory authorizations; challenges in securing adequate financing; adverse capital market conditions; variability in feedstock supply, quality, or pricing; failure to secure or maintain commercial relationships, customer qualification, or offtake arrangements; fluctuations and uncertainty in rare earth oxide prices and demand; the risk that indicative or quoted market prices, including for ex-China markets, may not be realized; operational risks once in production, including equipment failures or lower-than-expected recoveries; geopolitical risk; changes in applicable laws or regulations; environmental or permitting challenges; loss of key personnel; and general economic, business, or competitive conditions.

Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301482

Source: Ucore Rare Metals Inc.

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Bank establishes proprietary rights over its enterprise platform and novel AI system

, /PRNewswire/ -- Flagstar Bank, N.A. (NYSE: FLG) (the "Bank") today announced significant progress in its strategic technology transformation, establishing proprietary rights over its enterprise platform and novel AI system designed for regulated financial services.

THE INVESTMENT & STRATEGIC VISION

Recognizing that modernizing technology is critical to future success, Flagstar architected a purpose-built technology foundation with a deep understanding of financial regulatory requirements, reflecting how a modern regulated bank operates today. Rather than relying on third-party solutions, Flagstar's approach reflects a broader institutional commitment to developing differentiated capabilities.

"Technology innovation is a key part of the Bank's strategic plan and central to achieving our vision of being a best-in-class bank for all of our customers," said Christopher Higgins, Executive Vice President and Chief Information & Operations Officer at Flagstar Bank. "Protecting the intellectual property behind our transformation is about more than legal defensibility — it signals to the market, our regulators, and our customers that Flagstar is building a modern institution with unique capabilities that differentiate how we serve and protect our stakeholders."

The Flagstar S2 Platform™: A Technology Brand

As part of today's announcement, the Bank has applied to obtain a trademark registration for the branding of its enterprise technology transformation platform, Flagstar S2 Platform™ — Simple and Sophisticated.

The Flagstar S2 Platform™ represents the Bank's unified technology transformation initiative which includes the consolidation of three legacy banking environments (Flagstar Bank, New York Community Bank, and Signature Bank), six data centers, and disparate technology stacks into a modern, integrated foundation. The platform delivers simplicity and elegance that reduces costs, improves customer and employee experience, and drives enterprise value.

The trademark will cover three key categories.

Computer & Software Services & Scientific Services — covering the platform's enterprise technology services, business management, business analytics, and business operations capabilities. Financial Services — encompassing the banking and financial management solutions delivered through the platform. Technology Platform Services — covering non-downloadable software platforms and Platform as a Service (PaaS) solutions for financial and business management. StarIQ: A Patent-Pending Novel Enterprise AI System

The Bank has also filed for a provisional patent application for StarIQ, its proprietary enterprise generative AI orchestration system.

StarIQ was built specifically for regulated financial services environments to enable secure, governed AI deployment across the enterprise while maintaining regulatory compliance. Deployed in early 2026, the platform integrates multiple foundation models including Anthropic Claude, Meta Llama, Mistral, Amazon Titan, and is powered by Amazon Web Services while secured by Palo Alto Networks.

StarIQ represents a differentiated approach to secure, governed, multi-model AI deployment among regulated banks. The patent application, titled "Techniques for Secure Enterprise Generative Artificial Intelligence Orchestration," will protect the novel system and method at the core of Flagstar's StarIQ platform.

The application covers several innovations that distinguish StarIQ from other AI platforms.

Secure Multi-Model AI Orchestration Architecture — Integrates multiple AI providers within a single governed platform using consumption-based deployment, eliminating per-seat limitations AI-Aware Enterprise Security Layer — Employs Palo Alto Networks Prisma AI firewalls for real-time detection of sensitive data patterns, prompt injection attempts, and policy violations Custom Retrieval-Augmented Generation (RAG) Pipeline — Enables secure document and policy queries with full citation tracking and access-controlled knowledge bases Integrated AI Governance Framework — Connects business case submission through regulatory compliance review and multi-level approvals in a single auditable system "Securing these intellectual property protections reflects Flagstar's commitment to building, not just buying technology, that is purpose-built for regulated financial services," said Jason Pope, Chief Technology Officer. "The Flagstar S2 Platform trademark establishes our unique identity in the market, and the pending StarIQ patent signals that the innovation happening inside this institution is differentiated, defensible, and designed to create a lasting competitive advantage."

Flagstar Bank, N.A.

Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At March 31, 2026, the Bank had $87.1 billion of assets, $60.7 billion of loans, deposits of $66.8 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast.

Cautionary Statements Regarding Forward-Looking Language

This press release may include forward‐looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to achieve profitability goals within projected timeframes and to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our recent holding company reorganization, which was completed in October 2025 (the "Reorganization"), our merger with Flagstar Bancorp, Inc., which was completed in December 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023, and our ability to comply with the heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; (h) the impact of the $1.05 billion capital raise we completed in March 2024; (i) the conversion or exchange of shares of our preferred stock; (j) the payment of dividends on shares of our capital stock, including adjustments to the amount of dividends payable on shares of our preferred stock; (k) the availability of equity and dilution of existing equity holders associated with future equity awards and stock issuances; (l) the effects of the reverse stock split we effected in July 2024; and (m) the impact of the 2024 sale of our mortgage servicing operations, third party mortgage loan origination business, and mortgage warehouse business.

Forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "should," "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results.

Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; our ability to achieve the anticipated benefits of the Reorganization; changes in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the outcome of federal, state, and local elections and the resulting economic and other impact on the areas in which we conduct business; the impact of changing political conditions or federal government shutdowns; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; our ability to comply with heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; the restructuring of our mortgage business; our ability to recognize anticipated cost savings and enhanced efficiencies with respect to our balance sheet and expense reduction strategies; the impact of failures or disruptions in or breaches of our operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, civil unrest, international military conflict, terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed in December 2022, and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that we may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected.

More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10‐K for the year ended December 31, 2025, and in other reports we file with the Office of the Comptroller of the Currency (the "OCC") and voluntarily file with the Securities and Exchange Commission (the "SEC"), and which are also available on our Investor Relations website. Our forward‐looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our securities disclosure filings. All such files are accessible on our website at ir.flagstar.com, on the OCC's website at www.occ.gov, and on the SEC's website at www.sec.gov.

Investor Contact:
     Salvatore J. DiMartino
     (516) 683-4286

SOURCE Flagstar Bank, N.A.

Entro to add complementary deep secrets discovery and non-human identity scanning, solidifying SailPoint’s leadership across all identity types—human, machine, and agent June 15, 2026 09:00 ET  | Source: SailPoint Technologies, Inc.

AUSTIN, Texas, June 15, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced its intent to acquire Tel Aviv-based Entro, a pioneer in non-human identity (NHI) and credentials security. Upon completion, this acquisition will mark a strategic expansion and acceleration of the recently launched SailPoint Agentic Fabric, advancing SailPoint's vision to secure the modern enterprise with adaptive identity security across the entire digital ecosystem.

As organizations rapidly deploy autonomous AI agents, complex cloud architectures, and programmatic workflows, today's modern security demands are no longer defined by traditional perimeters. Instead, they are governed by who or what is accessing data, when, why, and under what conditions. By integrating Entro’s specialized capabilities to directly address the unique challenges of the AI era, SailPoint expects to further expand how customers easily identify, govern, and protect these high-risk assets from a single, unified platform.

Mark McClain, CEO and Founder of SailPoint commented:
"The recent launch of our Agentic Fabric established a new paradigm for securing autonomous AI agents and non-human identities at scale, including native discovery, governance and protection. By bringing Entro’s powerful and complimentary technology into our SailPoint platform, we will be giving our customers an even bigger advantage: frictionless, complete visibility into every non-human identity and—crucially—the context and credentials they use to access critical corporate data."

Itzik Alvas, Co-Founder and CEO of Entro said:
"We built Entro with a clear mission: to secure the modern cloud by discovering and protecting the sheer volume of credentials and non-human identities powering it. As enterprises embrace more automation and agentic workloads, this massive identity layer is only becoming more critical to protect. We are excited to integrate our deep, seamless discovery and lineage mapping engine into SailPoint's comprehensive identity security framework and Agentic Fabric. I believe that together, our combined non-human and AI capabilities will supercharge SailPoint's proven ability to secure every identity, human and non-human, across the global enterprise landscape."

Accelerating SailPoint Agentic Fabric with Entro
Upon closing, Entro will provide additive and highly complementary technology features that SailPoint plans to integrate with Agentic Fabric, including:

Unrivaled discovery & credentials coverage: Entro provides frictionless, agentless visibility into the specific tools, APIs, and credentials that AI agents and machine identities use to execute tasks. This will expand SailPoint’s reach with out-of-the-box coverage for more than 1,000+ NHI/agent types and the discovery of over 1,200 credential types (including secrets and keys, tokens, and certificates) across 70+ critical enterprise sources—including cloud environments, developer tools, CI/CD pipelines, and SaaS/collaboration environments. By exposing the tools agents use to complete work, SailPoint will further enforce even deeper, policy-driven governance over agent workflows and their active operational boundaries.Deep context & human ownership attribution: Discovering identities is only the first step; they must be tied back to human identities for accountability. Complementing SailPoint’s native identity intelligence, Entro enriches discovered data with metadata to map exact relationships, permissions, usage, and "blast radius." This deep lineage mapping allows organizations to tie complex, non-human identities back to their human owners. Combined with SailPoint’s enterprise-grade access certification and lifecycle governance, customers will be able to drive automated, closed-loop remediation and enforce zero-standing privileges.Real-time detection & active protection: Once registered and governed, non-human identities must be protected in real time. With proprietary Non-Human Identity Detection and Response (NHIDR™) capabilities, SailPoint customers will be able to continuously monitor AI agents and machine identities for behavioral anomalies in real time, allowing organizations to expose over-privileged access, enforce least privilege, and automate threat mitigation at machine speed. These capabilities directly address the top security, privacy, and compliance risks that IT and business leaders face when deploying AI agents. After the deal closes, SailPoint customers will enjoy an even broader level of visibility, ownership attribution, and control—transforming identity from a static compliance measure into a dynamic, real-time enabler of their enterprise success.

With the addition of Entro, SailPoint will continue to distance itself from legacy approaches by offering true end-to-end adaptive identity security.

The transaction is subject to customary closing conditions and is expected to close in the third quarter of fiscal year 2027.

To learn more about how SailPoint is defining the future of identity security for the AI era, visit the SailPoint Agentic Fabric Homepage.

About SailPoint

SailPoint (Nasdaq: SAIL) is defining the new era of adaptive identity security. In a world where non-human identities now significantly outnumber humans, our AI-powered platform unifies identity, security, and data intelligence to protect today’s enterprise from advanced identity-based threats.  We deliver the identity solution that spans both the breadth of identities and the depth of context needed to drive real-time access with confidence. Built on principles like zero-standing privilege and contextualized risk, our SailPoint platform transforms identity from a point of vulnerability into a powerful security advantage. Trusted by many of the world's leading organizations, SailPoint secures the enterprise with intelligent, autonomous identity security. 

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to SailPoint’s expectations regarding its intent to acquire Entro. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “expects,” “plans,” “anticipates,” “could,” “would,” “plan to,” “intend to,” “believe,” or “goal” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. The development, release, and timing of any features or functionality described for SailPoint’s products that are not currently available remain at SailPoint’s sole discretion on a when, and if available, basis, may not be delivered at all and should not be relied on in making a purchasing decision, and could be materially different from our expectations because of various risks.

Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: our ability to deepen our relationships with existing customers; the growth in the market for identity security solutions; our ability to maintain successful relationships with each of our partners; our ability to compete successfully against current and future competitors; the increasing complexity of our operations; our ability to maintain and enhance our brand or reputation as an industry leader and innovator; unfavorable conditions in our industry or the global economy; our ability to successfully introduce, use, and integrate artificial intelligence (AI) with our solutions; breaches in our security, cyber attacks, or other cyber risks; interruptions, outages, or other disruptions affecting the delivery of our SaaS solution or any of the third-party cloud-based systems that we use in our operations; our ability to adapt and respond to rapidly changing technology, industry standards, regulations, or customer needs, requirements, or preferences; real or perceived errors, failures, or disruptions in our platform or solutions; and the ability of our platform and solutions to effectively interoperate with our customers’ existing or future IT infrastructures.

More information on these risks and other potential factors that could affect our financial results is included in our reports and other documents filed with the Securities and Exchange Commission including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in our most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

Media relations for SailPoint
Shannon Paulk
Sr. Manager, Corporate Communications
303-748-2275 [email protected]

Is the future of housing found in sprawling apartment complexes or suburban single-family homes? That’s a question investors will have to weigh when choosing between Camden Property Trust (CPT +0.47%) and Invitation Homes (INVH +0.34%) for their 2026 real estate strategy.

Camden Property Trust focuses on the multifamily apartment market, managing thousands of homes across various high-growth regions. Invitation Homes operates as the nation's largest single-family rental company, owning homes across 16 major metro areas. While both companies benefit from housing demand, they serve different tenant demographics and face unique operational challenges.

Camden Property Trust operates as a real estate investment trust (REIT) focused on the multifamily apartment sector. This business model is a popular choice for those interested in real estate investing because it provides exposure to diverse housing markets. The company owns and manages 173 properties consisting of approximately 59,000 apartment homes nationwide. It maintains a workforce of approximately 1,600 employees to handle development, redevelopment, and acquisition strategies.

In FY 2025, revenue reached nearly $1.6 billion, growing roughly 1.9% year over year. Net income for the period was approximately $384.5 million, a significant increase from the $163.3 million reported in 2024. The company achieved a net margin of 24.4%, which is the percentage of revenue remaining after all expenses. This performance shows a strong recovery in profitability compared to the previous fiscal year.

As of its December 2025 balance sheet, the debt-to-equity ratio is 0.9x. This metric compares total debt to shareholder equity to show how much a company relies on borrowing to fund its operations. The current ratio of 0.1x measures short-term liquidity, indicating the company's ability to cover immediate financial obligations with its most liquid assets. Free cash flow reached nearly $386.2 million, which represents the cash generated from day to day business after paying for investments in property assets.

The case for Invitation HomesInvitation Homes operates as the nation's largest single-family home leasing and management company. It manages approximately 80,000 homes across 16 metro areas, including high-demand markets like Atlanta, Phoenix, and South Florida. This scale allows the company to capitalize on the growing preference for suburban living while maintaining a professional management platform for its tenants. The company employs more than 1,100 associates to handle operations across its diverse geographic footprint.

During FY 2025, revenue reached nearly $2.7 billion, which is a 4.2% increase over the previous fiscal year. Net income climbed to approximately $587.9 million, up from $453.9 million in 2024. The company generated a net margin of 21.5%, which is a measure of how much profit is kept from every dollar of sales. This growth follows a steady trend from 2023 when the company reported revenue of roughly $2.4 billion.

The December 2025 balance sheet shows a debt-to-equity ratio of 0.9x, balancing borrowed funds and shareholder capital. Its current ratio is 1.5x, which is a liquidity measure showing the company has $1.50 in current assets for every dollar of short-term debt. Free cash flow for the year reached nearly $963.5 million, providing significant capital for property maintenance and the integration of its expansion into land development.

Risk profile comparisonCamden Property Trust faces risks related to short-term lease exposure, development project risks, and nearly $3.9 billion in total debt. Because lease terms average fourteen months, the company is vulnerable to falling rental rates as tenants can leave quickly. Furthermore, the trust faces execution risks on projects with roughly $155 million in expected costs for 2026. Catastrophic weather in regions prone to hurricanes or earthquakes also poses a threat to property values and insurance costs.

Invitation Homes deals with platform dependence, rising regulatory scrutiny, and interest rate sensitivity. The company relies on a single dominant listing platform, meaning changes in that platform could hurt occupancy levels and lead generation. Additionally, Invitation Homes has roughly $2.6 billion in variable-rate debt, which increases its vulnerability to rising interest expenses. Rising property taxes and insurance premiums also create inflexible costs that may exceed the company's ability to increase rents.

Valuation comparisonInvitation Homes looks cheaper for investors as it carries a lower forward P/E and a more modest P/S ratio than its peer.

MetricCamden Property TrustInvitation HomesSector BenchmarkForward P/E71.1x36.9x33.3xP/S ratio7.4x6.5xSector benchmark uses the SPDR XLRE sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Which stock would I buy in 2026?If you’re looking for the investment upside of owning property without the time commitment and risk of becoming a landlord, investing in REITs like Camden Property Trust and Invitation Homes is a smart idea. REIT investing can unlock portfolio diversification, capital appreciation, and steady income generation, an attractive trifecta for investors. Which REIT is the better pick in 2026? I’m more interested in Camden Property Trust.

Camden specializes in multitenant apartment complexes, rather than single-family homes. Its luxury units in desirable urban areas means it appeals to young professionals who may be priced out of the traditional housing market. And with the rise of work-from-home and hybrid work models, many employees have more flexibility in terms of where they can live, which may make Camden’s properties — and amenities — attractive.

You’ll give up a little bit in terms of dividend yield, as Camden’s 3.66% trails Invitation’s 4% payout over the last year, but Camden’s stock is also performing much better at the moment. Both REITs have delivered losses over the last year, with Invitation down 11.5% and Camden down just about 1%, amid a difficult housing market and uncertain economic landscape. But with dividends reinvested, Camden comes out on top with a 3% total return gain. It’s been a challenging period for the real estate sector, as consumers are crunched and interest rates remain stubbornly high. But if you’re bullish on a turnaround, now could be the time to make a contrarian pick before the sector gains steam.

Kingdom Holding rose after SpaceX's 19% debut gain lifted its stake value to $6.8 billion. Summary

Gulf investors are gaining fresh exposure to Musk’s space and AI ecosystem.

SpaceX's SPCX public-market debut is already creating a major mark-to-market boost for Gulf investors, with Prince Alwaleed bin Talal's Kingdom Holding Co. rising at Sunday's open after the rocket and satellite company's first-day share surge lifted the value of its stake to almost $7 billion. Kingdom Holding said it owns 42.4 million SpaceX shares, valued at $6.8 billion based on the company's closing price, representing roughly half of Kingdom's own market capitalization. Kingdom shares rose as much as 5%, valuing the Saudi investment firm at 56 billion riyals, or $14.9 billion, showing how SpaceX's listing could be reshaping investor attention around Gulf-linked technology exposure.

SpaceX, formally known as Space Exploration Technologies, began trading on Friday after raising $75 billion in the largest listing of all time. The stock closed up 19% at $160.95, delivering tens of billions of dollars in returns for a small group of early investors. Founders Fund, led by Elon Musk's longtime associate Peter Thiel, owns roughly 3% of SpaceX, while Andreessen Horowitz is set to receive the biggest return in its history, and Sequoia Capital, which first backed SpaceX at the end of 2019, owns about 1.5% of the company. Kingdom Holding previously said its stake represents 0.34% of SpaceX, while Prince Alwaleed's personal exposure amounts to about 0.29%, helping lift his net worth to just over $27 billion, a decade-high, according to the Bloomberg Billionaires Index.

The SpaceX listing could also strengthen Saudi Arabia's wider exposure to Musk's expanding technology ecosystem, especially as the $1 trillion Public Investment Fund owns a stake in Kingdom Holding and backs Humain, an AI firm that invested $3 billion into Musk's xAI this year as part of a $20 billion funding round. Humain said at the time that its significant minority stake in xAI would convert into SpaceX shares, adding another possible layer of upside tied to the debut. Regional capital has also been moving deeper into AI, with Abu Dhabi's MGX holding stakes in Anthropic, OpenAI and xAI, while Qatar has invested in both Anthropic and xAI. For investors, SpaceX's first trading session is possibly becoming more than a space IPO story — it could be a fresh signal that Gulf capital is increasingly tied to the next phase of AI, space and private technology monetization.

watch now

Early SpaceX investor Ron Baron wasn't taking profits during its blockbuster stock-market debut. He was buying more.

The billionaire investor said Baron Capital purchased an additional $1 billion worth of SpaceX shares Friday during the company's initial public offering, increasing the firm's position in Elon Musk's rocket and satellite company to roughly $25 billion.

The purchase marks a fresh vote of confidence from one of SpaceX's earliest and most enthusiastic institutional backers, even after the company's valuation soared to $2 trillion.

"I think we're going to make hundreds of billions of dollars," Baron said Monday on CNBC's "Squawk Box." "What they've done isn't possible for anyone else to accomplish. Not possible. And so he's at least 10 years ahead of everyone else, as far as making satellites, as far as making rockets, as far as building networks."

Baron said he participated in the IPO to maintain his firm's ownership percentage as the company sold new shares to the public.

"I didn't want to get diluted," Baron said. "I wanted a billion dollars to keep our percentage the same ... I'm an investor in a business. I'm not buying and selling or trading."

Baron first invested in SpaceX in 2017 through employee tender offers when the company was valued at less than $22 billion and has since participated in 27 funding rounds.

As of March 31, SpaceX accounted for 33% of assets in the $10.4 billion Baron Partners Fund and 25.5% of the Baron Asset Fund. Combined with the firm's sizable position in Tesla, about half of the assets in some Baron portfolios are tied to companies led by Musk.

Baron acknowledged that SpaceX's valuation has climbed dramatically since his initial investment, but said he believes the company's growth potential remains vastly underappreciated.

"I think that with now being valued at $2 trillion, I think it's going to be valued in 10 years at $20 trillion, $30 trillion, $40 trillion," Baron said.

The veteran investor argued that Musk's ambitions extend beyond building a successful aerospace company.

"Normally, our economy doubles roughly every 10 years," he said. "What he thinks is, by the innovations and the work that he's doing, he's going to make the economy grow 10 times in 10 years, not double."

Ron Baron, Baron Capital founder, CEO and portfolio manager, joins 'Squawk Box' to discuss the historic SpaceX IPO, Elon Musk's mission with the company, and more.

Tom Mueller, Founder and CEO of Impulse Space and first employee at SpaceX, discussed SpaceX's evolution from a risky startup in 2002 to a $2 trillion public company. He described early skepticism, repeated test failures, and key milestones such as reaching orbit, servicing the ISS, landing reusable rockets, and enabling global internet.

“The reality is this name is likely sentiment-driven in the near-term,” Direxion CEO Douglas Yones told Benzinga. “The economics of the company alone could not warrant the lofty valuation.”

Hype Vs. FundamentalsSpaceX entered public markets with a valuation that has captivated investors for years. But Yones says the enthusiasm surrounding the company extends beyond what conventional financial analysis might justify today.

Instead, he pointed to a combination of factors fueling investor demand, including SpaceX’s status as the largest IPO ever, its leadership under Elon Musk and its potential role in the broader artificial intelligence investment theme.

“The combination of SpaceX as the largest IPO ever, its proximity to Elon, and its potential position in the broader AI trade all contribute to the fervor around this IPO,” Yones said.

The Biggest Bear CaseWhile much of the conversation around SpaceX has focused on its growth opportunities, Yones advises investors to pay attention to shifts in market sentiment.

“If sentiment changes and investors demand cash flows commensurate with its valuation, SpaceX could see some weakness,” he said.

That warning highlights the balancing act facing investors. For now, SpaceX appears to be trading on a mix of ambition, innovation and Musk’s star power. But as the excitement surrounding the IPO settles, investors may eventually begin asking a more traditional question: can the fundamentals keep pace with the hype?

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The launch highlights a simple reality: investor demand for SpaceX exposure isn’t waiting around.

From IPO To Leveraged TradeLOFF seeks daily investment results, before fees and expenses, equal to 200% of SpaceX’s daily performance.

The speed of the launch is notable. While many newly public companies spend months building a trading history before derivative products emerge, SpaceX has gone from private-market darling to leveraged ETF underlying asset in a matter of days.

Direxion said the fund is designed for active traders looking to express a short-term bullish view on the stock.

In comments shared with Benzinga, Direxion CEO Douglas Yones said the firm’s decades of experience managing leveraged products helped pave the way for the rapid launch. He pointed to “countless hours of due diligence” and the expertise of Direxion’s portfolio management and risk teams as key factors behind bringing LOFF to market so soon after SpaceX’s debut.

SpaceX Joins Direxion’s Single-Stock LineupThe ETF provider has become one of the biggest names in the single-stock ETF market, thanks in large part to products tied to high-profile names such as Tesla, Inc. (NASDAQ:TSLA).

“Few companies have been followed as closely as SpaceX,” said Mo Sparks, Chief Product Officer at Direxion. “With LOFF, active traders can act on that conviction from the start of public trading.”

The company said the launch builds on its existing suite of leveraged single-stock products that cater to traders seeking magnified exposure to market-moving names.

Betting On The Hottest New TickerSpaceX’s public debut has been among the most anticipated listings in years, drawing intense attention from both retail and institutional investors.

Now, traders looking for even more thrust behind their SpaceX bets have a new vehicle.

Whether SpaceX continues its ascent or experiences the turbulence that often follows blockbuster IPOs, LOFF ensures one thing: the market’s newest marquee stock already has a leveraged ETF riding shotgun.

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