When SpaceX NASDAQ: SPCX closed its first day of public trading with a valuation of over a $2 trillion, the market structure shifted entirely.
The company shattered global capital-raising records at its IPO on Friday, June 12, raising $75 billion through 555.5 million shares priced at $135 each. By the closing bell, SpaceX surged 19% to settle at $160.95. Monday premarket action shows relentless institutional accumulation, pushing SpaceX up another 6% toward the $170 mark.
SpaceX (SPCX) Price Chart for Monday, June, 15, 2026
Zero Gravity: A Highly Engineered FloatSpaceX Today
$173.62 +12.67 (+7.87%)
As of 09:33 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$149.34▼
$176.52Price Target$161.25
Beneath the headline numbers, an acute supply-and-demand imbalance is dictating immediate price action.
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Participating brokerages also made retail allocations stickier than in a typical IPO. Some platforms warned investors that quickly flipping SpaceX shares could hurt eligibility for future IPO access, while others used roughly 30-day anti-flipping restrictions. That reduced the amount of stock available for immediate retail resale and tightened the early trading float.
Insiders and certain pre-IPO shareholders are also subject to staggered lock-up restrictions, limiting how quickly additional shares can enter the market. That structure avoids a single 180-day release cliff and helps keep near-term supply tighter than it would be under a more traditional lock-up schedule.
The IPO also gives underwriters a built-in way to help steady the stock if early trading gets choppy. SpaceX granted its underwriters a 30-day option to buy up to 83.33 million additional shares at the IPO price, and Morgan Stanley is serving as the stabilization agent. If the stock comes under pressure, the underwriters can buy shares in the open market to help cover short positions. If demand stays strong, they can instead buy the additional shares directly from SpaceX. If SpaceX experiences sudden downside velocity over the next 30 days, Morgan Stanley will buy shares on the open market to cover that short position, with the goal of creating a hard floor. If upward momentum holds, Morgan Stanley can simply exercise its option to acquire the shares directly from SpaceX. Immense demand is currently colliding with an artificially starved float, creating the exact conditions for early-week upward volatility.
Orbital Computing: A Multi-Billion Dollar PivotSpaceX Stock Forecast Today12-Month Stock Price Forecast:
$161.25
0.19% Upside
Buy
Based on 5 Analyst Ratings
Current Price$160.95High Forecast$190.00Average Forecast$161.25Low Forecast$115.00SpaceX Stock Forecast Details
The fundamental debate raging among SpaceX's analyst community has very little to do with reusable rockets. The February 2026 merger with Elon Musk's artificial intelligence (AI) startup, xAI, fundamentally rewrote the financial DNA of SpaceX. Market perception has shifted aggressively from an aerospace infrastructure provider to a space-based artificial intelligence compute ecosystem.
SpaceX currently commands an estimated 90% to 95% of future orbital launch capacity. That near-monopoly on orbital access provides a structural moat unrivaled in modern public markets. The cost of maintaining and expanding that moat is staggering.
First-quarter 2026 capital expenditures hit $10.1 billion, representing a leap from the $4.1 billion spent during the same period last year. SpaceX deployed the bulk of that capital toward developing orbital data centers to power high-density compute workloads in low Earth orbit for the xAI integration. By placing server racks in space, xAI aims to bypass terrestrial power grid constraints and land-use restrictions, a visionary pitch that requires astronomical upfront costs.
This hyper-aggressive capital allocation strategy printed a fiscal 2025 net loss of $4.94 billion on $18.7 billion in revenue. First-quarter 2026 metrics show accelerating revenue of $4.69 billion, paired with negative earnings per share of $1.27.
Institutional sentiment is sharply divided on how to price this cash furnace. NewStreet Research initiated coverage with a $165 price target, arguing that investors must view SpaceX through a two-decade lens to price in the insurmountable launch advantage. Morningstar analysts took a radically different view, slapping a $63 price target on SpaceX. Morningstar cites the sheer payload costs and capital intensity of the artificial intelligence pivot as a severe threat to near-term cash flow, labeling SpaceX broadly overvalued.
Gravitational Pull: Lifting Sector-Wide ValuationsThe $2 trillion market capitalization validates the orbital economy as a premier investable mega-trend. When the largest player in a nascent sector goes public at a historic valuation, it forces a multiple rerating across the entire industry. Institutional portfolios that missed out on primary allocations or are structurally underweight due to SpaceX's large market capitalization must deploy capital into adjacent peers to maintain sector exposure.
This dynamic creates a rising tide for pure-play infrastructure alternatives. Macro funds no longer view companies like Rocket Lab Nasdaq: RKLB and Intuitive Machines Nasdaq: LUNR as speculative ventures in the aerospace sector. Wall Street now benchmarks Rocket Lab and Intuitive Machines against a $2 trillion titan.
While neither Rocket Lab nor Intuitive Machines has SpaceX's artificial intelligence compute pipeline, Rocket Lab offers viable launch logistics exposure at a fraction of SpaceX's valuation multiple. This setup makes both Rocket Lab and Intuitive Machines prime targets for capital rotation as the broader market digests the new orbital baseline established by SpaceX.
Hyperdrive Activated: Leverage, Options, and Index FlowsFundamental valuation models will likely take a back seat to raw market mechanics this week. The immediate trading environment is wired for extreme volatility, driven by leveraged derivatives and forced index accumulation.
After a brief regulatory delay intended to preserve orderly trading on IPO day, ProShares launched a highly aggressive synthetic instrument on Monday morning. ProShares Ultra SpaceX NYSE: SPCF offers traders 200% daily leveraged exposure to SpaceX. Because ProShares must rebalance ProShares Ultra SpaceX at the end of every trading session, ProShares is forced to buy into strength and sell into weakness, mathematically exacerbating intraday price swings in SpaceX.
Standard options contracts on SpaceX are expected to begin trading on Tuesday, June 16, 2026. Pre-IPO perpetual futures on the Hyperliquid exchange priced SpaceX at a heavy premium, suggesting that pent-up speculative capital is poised to flood the derivatives market. When retail traders flood into call options, market makers must hedge those positions by buying the underlying SpaceX stock. Combining an artificially tight retail float with massive market-maker buying often leads to severe implied volatility and intense gamma squeezes.
Adding absolute fire to these structural mechanics is impending index inclusion. Passive funds tracking major benchmarks such as the Nasdaq 100, MSCI, and Russell indexes could be mandated to acquire SpaceX shares this month.
Nasdaq’s updated methodology allows certain large new listings to qualify for fast entry, FTSE Russell now allows eligible large IPOs to enter Russell U.S. indexes after the fifth trading day, and MSCI has long-standing fast-track rules for large IPOs that can lead to inclusion after 10 trading days. However, SpaceX is not getting the same fast-track path into the S&P 500, where S&P Dow Jones Indices kept its existing seasoning, profitability, and float requirements in place.
These passive vehicles may not have the luxury of waiting for a fundamental pullback, as passive funds must buy at market prices to track their respective indexes accurately.
Re-Entry Protocols: Hedging the Imminent VolatilityActive traders might use the emerging derivatives market to hedge SpaceX exposure as this complex web of catalysts unfolds. Long-term investors who believe in the orbital data center thesis may prefer to let the initial wave of derivative-driven volatility settle before establishing a core SpaceX position. Those with a more conservative mandate might look toward the broader aerospace sector, seeking multiple expansion opportunities in adjacent infrastructure peers like Rocket Lab, while the primary float digests this historic public debut.
Should You Invest $1,000 in SpaceX Right Now?Before you consider SpaceX, you'll want to hear this.
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SpaceX made its debut at the Nasdaq on Friday, climbing more than 19% on its first day of trading and rising above a $2 trillion market valuation. But while the arrival of the company to public markets is squared away, some of its other long-term plans are years in the future.
Elon Musk's company in its initial public offering prospectus with the Securities and Exchange Commission repeatedly focused on the "Moon, Mars and beyond." The company's goal for Mars is so large that Musk won't get a bonus of restricted shares unless SpaceX establishes a colony on the planet with more than 1 million inhabitants.
But when that will happen is years from now, traders on prediction market platform Kalshi think.
Traders see just an 18% chance that SpaceX launches a human mission to Mars by 2030. Since the event contract first launched in March 2024, traders have never seen more than one-in-four odds of the mission happening this decade.
The event contract will resolve to yes if SpaceX verifies a manned mission to Mars by Dec. 31, 2029.
Traders' uncertainty mirrors SpaceX's own plans. In its prospectus, SpaceX made clear it doesn't have a vision for when a Mars mission may happen.
"Many of our initiatives… involve significant technical complexity, unproven technologies or technologies that do not exist, and such initiatives may not achieve commercial viability," SpaceX said. "As a result, the timeline for certain of our initiatives involving unproven or new innovations ... may be difficult or impossible to determine."
But while an exact timeline may be unknown, the company's focus on Mars is clear. The planet was mentioned 63 times in the prospectus itself, and once in a photo caption featured in the document.
When shares of Elon Musk’s rocket-and-satellite empire began trading on the Nasdaq under the ticker SPCX last Friday, they did so as the largest initial public offering the world has ever seen.
Priced at $135 per share, the deal valued the company at roughly $1.77 trillion — larger than Tesla on day one. The stock opened at $150, climbed as high as $176.52, and closed its first session at $160.95, a gain of 19.2% from the IPO price.
Trading volume was staggering, with more than 500 million Class A shares changing hands and dollar volume approaching $33 billion. To put the scale in perspective, at its pre-money valuation, the listing generated more exit value than every venture-backed IPO of the past decade combined.
So, the obvious question for investors watching from the sidelines is – can a company already worth $1.77 trillion still reward shareholders from here?
Image Source: StockCharts
Why SpaceX Stock May Soar Even HigherI think the honest answer is that it can — but the case rests less on the rockets that made SpaceX famous and more on the quieter business orbiting overhead.
That business is Starlink, and it is the heart of the bull thesis. What began as a satellite-internet experiment has become a genuine cash engine. Starlink subscribers reached 10.3 million in the first quarter of 2026, up from 8.9 million at the end of 2025 and just 2.3 million in 2023.
It operates in more than 160 countries, carries a 63% EBITDA margin, runs at roughly a $1.2 billion quarterly profit run-rate, and accounts for over 60% of total company revenue — and it is the only profitable segment.
Early Street estimates put Starlink’s 2026 revenue somewhere between $15.5 billion and $20 billion, and the business reportedly turned free-cash-flow positive back in 2024. The mechanics are elegant once you see them: the constellation was an enormous upfront capital cost, but with thousands of satellites in orbit and falling terminal costs, the marginal cost of each new subscriber collapses while subscription revenue keeps compounding. That is a recurring, utility-like cash profile bolted onto a hyper-growth subscriber curve — and it’s why some analysts argue Starlink alone could be a premier standalone public company.
Then there’s the moat that makes all of it possible: launch. SpaceX is the only company on Earth that can deploy its own multi-thousand-satellite constellation at scale, on its own reusable rockets, at a fraction of the cost of anyone else. The internal cost of a Falcon 9 launch runs between $15 million and $30 million per mission, a structural advantage no expendable-rocket competitor can match.
The Space segment generated about $4 billion in revenue in 2025, even as the company poured roughly $3 billion into Starship development. That spending is the bridge to the next chapter: Starship is intended to launch next-generation Starlink satellites, enable satellite-to-mobile connectivity, and eventually support orbital data centers. Vertical integration means every dollar invested in cheaper launch compounds the economics of the cash-generating constellation above it.
The wild card — and it is genuinely a wild card — is artificial intelligence. SpaceX acquired xAI, the maker of Grok, in February 2026, folding it into an AI division whose spending is now substantial; the AI segment posted a $6.35 billion operating loss in 2025.
Wedbush analysts have argued that a meaningful slice of the valuation reflects an “orbital intelligence” narrative — the idea of integrating Grok directly into the Starlink network for on-orbit edge computing. This is the most speculative part of the story, and investors should treat it as high-risk optionality rather than a reason to buy. If it works, it’s transformational. If it doesn’t, it’s an expensive distraction that Starlink’s profits are currently subsidizing.
Risks Worth NotingSpaceX is expected to post its first quarterly results as a public company in August or September — a genuine catalyst worth waiting for. Because the company listed only days ago, there is no Zacks Rank yet and no settled Zacks Consensus EPS figure; the Zacks Rank is built on a history of earnings estimate revisions that simply doesn’t exist for a two-day-old stock.
Which brings us to the risks, and they are not small. Operating losses are rising. But the valuation is the headline concern: at $1.77 trillion, the stock trades at well over 100 times trailing sales, a multiple far richer than Tesla or Palantir.
A 180-day lock-up expiration looms as a potential source of volatility once insiders are free to sell, and the heavy xAI cash burn continues to weigh on consolidated profitability. Add Starship execution risk, the company’s reliance on a single visionary founder, and the early governance questions already raised in Washington, and you have a stock that will almost certainly trade with violent swings.
Bottom LineSpaceX (SPCX - Free Report) is a genuinely extraordinary franchise with a real, compounding profit engine in Starlink and a launch moat no competitor can touch.
But it has gone public priced for a future that still has to be built. For investors who believe in the arc of the story, the smart approach is patience — let the lock-up volatility and that first September earnings print clear some of the fog, size any position with the valuation firmly in mind, and treat the AI optionality as upside rather than the foundation.
The rocket has launched. Whether it reaches escape velocity from here is, fittingly, a question of how much altitude is already in the price.
For what feels like the first time in months, the hottest trade in the market might not be an AI stock. Shares of Toll Brothers Inc NYSE: TOL, the luxury homebuilder, closed last week around $148, up about 20% since its earnings report in the back half of May. For context, over the same period, the S&P 500 is roughly flat, while some of the AI darlings that had been leading the market higher, like NVIDIA Corp NASDAQ: NVDA, have shed more than 10%.
Toll Brothers Today
TOL
Toll Brothers
$150.33 +3.23 (+2.20%)
As of 09:33 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$104.09▼
$168.36Dividend Yield0.69%
P/E Ratio11.35
Price Target$163.56
That's a stark divergence, and it comes after weeks of seemingly relentless gains across the AI and chip space. Investors appear to be taking profits on the year's most crowded trades and rotating into traditional names that have been left behind.
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If that's a trend with legs, then few stocks look better positioned to benefit than Toll Brothers. The company has fresh earnings momentum, a wave of analyst upgrades behind it, and a valuation that seems to belong to a different market entirely. Let's jump in and take a closer look below.
The Earnings Report That Lit the FuseThe rally didn't come out of nowhere. Toll Brothers delivered a strong earnings report last month, beating expectations and raising its full-year guidance, reminding investors just how well the underlying business has been performing while the market's attention was elsewhere.
Management leaned into the company's unique position as "the nation's leading builder of luxury homes," with operations spanning dozens of markets and a customer base of affluent buyers who are far less sensitive to economic wobbles than the average house hunter. That positioning has been a quiet superpower for years, and it's once again showing up in the numbers.
The shareholder return story is just as compelling. The company has been aggressively buying back its own stock, which is always a good sign, and has recently raised its quarterly dividend as well. In other words, you have a business firing on all cylinders with a management that’s confident enough in its trajectory to be buying back its stock.
The Valuation Still Screams BargainHere's where the opportunity gets especially interesting for those of us on the sidelines weighing it up. Despite the recent surge, Toll Brothers shares are still trading at the same level as almost two years ago, with a notably weak start to the year before the earnings report turned things around.
The stock's price-to-earnings (P/E) ratio of just 11 underlines the point. In a market where investors have been paying 50, 100, or even several hundred times earnings for AI exposure, a profitable, dividend-raising market leader trading at 10 times earnings looks like something close to a bargain. In fact, you'd be forgiven for wondering how it stayed this cheap for this long.
The answer, of course, is that the market simply hasn't been paying attention to anything outside of AI. That's precisely what makes the current rotation so significant. If even a fraction of the capital that's been flowing into semis in recent weeks starts looking for a new home, quality names like this could be the first port of call.
Current Price$146.95High Forecast$187.00Average Forecast$163.56Low Forecast$115.00Toll Brothers Stock Forecast Details
Making the opportunity even more attractive is the fact that the analyst community has also been leaning into the upside potential. BTIG Research, for example, upgraded the stock from Neutral to Buy earlier this week, echoing similarly bullish updates from UBS, Benchmark, and Argus this month already. That's a notable cluster of upgrades landing in a very short window, and it tells you the smart money is starting to position for exactly the scenario playing out right now.
Argus's update in particular is worth highlighting. Its $170 price target implies more than 15% upside from where the stock is currently trading, and that's on top of the 20% gain already logged since last month’s earnings. For a stock that had spent most of the year trending down, that kind of shift is hard to ignore expectations.
A Rotation Worth Taking SeriouslyOf course, none of this is to say the AI trade is finished. The technology story driving those stocks remains genuinely transformational, and pullbacks of the kind we're seeing right now have so far proven temporary. But markets move in cycles of enthusiasm, and after months of one-way traffic into AI names, a period of rebalancing was always likely.
The question for investors is where that rebalancing capital flows, and Toll Brothers makes a strong case for itself as a major beneficiary. A market-leading brand that’s beating estimates, raising guidance, running aggressive buybacks, and increasing its dividend, while trading with a P/E ratio of just 10, is a rare combination at the best of times. While the price action in the AI space is telling investors to be careful, everything about Toll Brothers is telling them to take a closer look.
Should You Invest $1,000 in Toll Brothers Right Now?Before you consider Toll Brothers, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toll Brothers wasn't on the list.
While Toll Brothers currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
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Meta Platforms (META, Financials) is making a renewed push to establish itself as a major force in artificial intelligence, but investors are increasingly focused on one question: when will the spending translate into meaningful new revenue?
Over the past year, CEO Mark Zuckerberg has invested heavily in AI talent and infrastructure, including a multibillion-dollar effort to strengthen Meta's internal AI development. The launch of Muse Spark, the company's latest proprietary AI model, has helped put Meta back into conversations about the industry's next phase.
The challenge is that investors already see AI improving Meta's advertising business through better recommendations, targeting and engagement. What they want now is evidence that AI can become a standalone growth engine.
That pressure is heightened by Meta's history with Reality Labs, the division behind its metaverse ambitions, which has generated more than $80 billion in cumulative losses. While AI represents a much larger market opportunity, investors are looking for clearer signs of commercialization this time around.
Meta does have advantages. Its AI tools can be distributed across Facebook, Instagram, WhatsApp and its growing portfolio of AI-enabled devices, giving the company access to billions of users. The question is whether that reach can be converted into products and services that generate meaningful revenue beyond advertising.
For investors, the next phase of Meta's AI story is likely to be measured less by technological breakthroughs and more by adoption, monetization and financial returns.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of META, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Tesla recently stopped producing its Model Y SUV so it could focus on mass-producing AI-trained humanoid robots. (Photo by Spencer Platt/Getty Images)
Tesla stock rose early Monday, along with the market, after President Trump announced a memorandum of understanding to effectively end the war started three months ago.
Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said that he feels a that a merger to combine SpaceX and Tesla is a 'forgone conclusion' and that he believes its been propping up Tesla's stock as people wait for an opportunity to own SpaceX. Gerber says that despite some concerns about Musk's complete control over both companies, he feels that investors know what they are getting into putting their money in his hands and that investors who have a problem with it shouldn't buy the stock.
Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
Key Takeaways NYT, ARKO, BGS and KO were highlighted as defensive picks as May CPI climbed 4.2%.ARKO's current-year earnings growth is projected at 93.3%, with estimates up 11.5%.BGS offers an 18.86% dividend yield, while KO's beta stands at a low 0.35. Consumer prices continued to climb in May as rising oil costs put fresh pressure on the economy, increasing fears of a potential slowdown. Although a peace deal was reached between Iran and the United States, it is too early to predict how fast oil prices will return to normal.
The Federal Reserve has continued to struggle to bring inflation back under control in the past few months and is now mulling hiking interest rates at the end of the year.
Against this backdrop, investors may consider defensive stocks from the consumer staples sector, such as The New York Times Company (NYT - Free Report) , Arko Corp. (ARKO - Free Report) , B&G Foods, Inc. (BGS - Free Report) and The Coca-Cola Company (KO - Free Report) .
These stocks have seen positive earnings estimate revisions in the past 60 days, carry a Zacks Rank #2 (Buy) at present, and are set for solid returns. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Inflation Rises in MayThe Consumer Price Index (CPI), a key measure of the prices consumers pay for goods and services, rose 0.5% in May from the previous month after increasing 0.6% in April, according to the Commerce Department's report released Thursday. On a year-over-year basis, CPI climbed 4.2%, recording its biggest increase since April 2023.
While both the monthly and annual figures matched economists' expectations, inflation has steadily accelerated over the past three months. Year over year, CPI increased 3.3% in March before rising to 3.8% in April.
Core CPI, which excludes the more volatile food and energy costs, increased 0.2% in May from the prior month and 2.9% compared with a year earlier. The monthly gain came in below analysts' expectations of 0.3%, while the annual reading aligned with forecasts.
Inflation surpassed the 4% threshold for the first time in three years as oil prices surged owing to the Middle East crisis. Over the weekend, President Donald Trump suggested that Iran had agreed to a peace deal, which was finally signed on Sunday, ending the months-long war.
Trump also assured that the end of the war would reopen the Strait of Hormuz immediately. Although this hints at lower oil prices in the near term, it remains unclear when energy prices will return to normal.
Oil prices have jumped nearly 40% since the conflict began, pushing inflation to its highest level in three years.
The Federal Reserve, which uses CPI data to track its 2% inflation target, paused its rate cuts last year. Earlier, investors had expected the central bank to resume lowering interest rates during the second half of this year.
Now, several Fed officials believe interest rate hikes could become necessary if inflation remains above the 2% target. Higher interest rates would raise borrowing costs and could place additional pressure on both consumers and investors.
4 Low-Beta Consumer Staples Stocks With Growth PotentialThe New York Times CompanyThe New York Times Company is a leading global media organization focused on delivering high-quality journalism and information. Founded in 1851 and incorporated in 1896, NYT has evolved from a traditional newspaper publisher into a diversified digital-first media company with a strong global subscriber base and a growing portfolio of lifestyle and entertainment products.
The New York Times Companyhas an expected earnings growth rate of 19.1% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5% over the last 60 days. NYT has a beta of 0.95 and a current dividend yield of 1.25%.
Arko Corp. Arko Corp.’s primary asset is a controlling stake in GPM Investments. ARKO, formerly known as Haymaker Acquisition Corp. II, is based in Richmond, VA.
Arko Corp’s expected earnings growth rate for the current year is 93.3%. The Zacks Consensus Estimate for current-year earnings has improved 11.5% over the past 60 days. ARKO has a beta of 0.98 and a current dividend yield of 1.39%.
B&G FoodsB&G Foods, Inc. boasts a diversified portfolio of more than 45 brands, including B&G, B&M, Cream of Wheat, Las Palmas, Mama Mary's, Maple Grove Farms, Mrs. Dash, New York Style, Ortega, Pirate's Booty, Polaner, SnackWell's, Spice Islands and Victoria. Many of these brands hold leading market shares in different regions. BGS frequently engages in acquisitions and innovations to further strengthen its portfolio.
B&G Foods has an expected earnings growth rate of 11.8% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5.6% over the last 60 days. BGS has a beta of 0.49 and a current dividend yield of 18.86%.
The Coca-Cola CompanyThe Coca-Cola Company’s strong brand equity, marketing, research and innovation help it to garner a market share of more than 40% in the non-alcoholic beverage industry. KO is putting its best foot forward to evolve its business model to become a total beverage company with something for everyone to drink. The Coca-Cola Company has coped with the industry-wide flattening of soda sales over the years by going on a buying spree and making investments in healthier alternatives like coffee, sparkling water and sports drinks.
The Coca-Cola Company has an expected earnings growth rate of 8.7% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.9% over the past 60 days. KO has a beta of 0.35 and a current dividend yield of 2.57%.
Up to this point, Meta Platforms NASDAQ: META has failed to thoroughly convince markets that its artificial intelligence (AI) spending will pay off long-term.
Meta Platforms Today
$584.84 +17.86 (+3.15%)
As of 09:32 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$520.26▼
$796.25Dividend Yield0.36%
P/E Ratio21.10
Price Target$840.60
Meta shares are down more than 15% over the past 52 weeks. This contrasts greatly with the sentiment and return of another key Magnificent Seven player: Alphabet NASDAQ: GOOGL. Alphabet shares have doubled in value over the same period, with the firm showing accelerating growth in its cloud segment.
Amid its success, Alphabet just made a significant announcement. The company said it would raise $84.75 billion through a share issuance program as it looks to further scale its AI capacity. Even with Alphabet’s demonstrated AI strength, investors didn’t react kindly to the news.
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Recent reports say that Meta could follow Alphabet’s equity issuance footsteps. Given this, it is worth examining what an equity raise could mean for the company and investors.
Meta Reportedly Considers Large Equity Raise After Alphabet’s Big AnnouncementNotably, Alphabet shares fell by 4% on the day it announced its funding move, even while the S&P 500 rose slightly. Alphabet’s originally planned equity raise of $80 billion represented around 1.8% shareholder dilution. That figure ticks up very slightly to around 1.9% when considering its upsized $84.75 billion offering.
Overall, this is a relatively minimal amount of dilution, but the market’s reaction was still reasonable. At the end of the day, the raise means that each pre-existing shareholder will own less of the company, all else being equal.
Days later, reports emerged surrounding Meta’s potential equity raise. Reports state that the company is mulling a stock offering valued at “tens of billions of dollars” that will go toward funding its AI strategy. While far from a concrete number, this indicates a significant potential funding round, and thereby shareholder dilution. Still, this move is not set in stone whatsoever, with reports noting that it is “premature” to say Meta has reached a final decision.
A Potential Meta Equity Raise: More Dilution for Less CashNonetheless, it is worth considering the extent to which Meta would need to dilute shareholders to raise tens of billions of dollars. The midpoint of Meta’s 2026 CapEx guidance is $135 billion, or approximately 73% of Alphabet’s midpoint CapEx guidance of $185 billion. Given that a potential Meta equity raise would go toward CapEx, it’s not unreasonable to anchor the value of that raise to 73% of Alphabet’s raise. Doing so would imply an equity raise of around $62 billion (73% of $84.75 billion). With a market capitalization of nearly $1.45 trillion, a $62 billion equity raise would lead to dilution of around 4.3%.
Thus, in order to raise $62 billion, or around $23 billion less than Alphabet, Meta would have to dilute shareholders more than twice as much. This shows how a potential Meta equity raise could be significantly less favorable to shareholders in comparison to Alphabet. Given this dynamic, it is possible that Meta shares could see a larger drop than Alphabet did if a raise became a reality. When comparing the outlooks of these two stocks, this is something investors should consider.
This is even more significant when thinking about a longer timeline. If hyperscaler equity raises were to become increasingly common, Meta’s relative disadvantage when it comes to dilution could compound over time.
Equity Raise Positives: Potential Funding Source for AI ProductsOn the other hand, it is worth thinking about the potential positives of a Meta equity raise. Up to this point, Meta has yet to release swaths of AI products. Most of its AI compute has centered on optimizing its advertising business across Facebook, Instagram, and WhatsApp. The company has clearly been successful in this. In Q1 2026, Meta’s revenue rose 33% year over year, its highest growth rate since 2021.
Current Price$566.98High Forecast$1,015.00Average Forecast$840.60Low Forecast$700.00Meta Platforms Stock Forecast Details
However, investors still want to see more out of Meta when it comes to AI offerings. Notably, it has been only two months since Meta unveiled Muse Spark, its latest AI model. Muse Spark is considerably more intelligent than Meta’s past LLaMa models, and although not a "frontier" model, Meta believes Muse Spark is competitive.
Putting a competitive AI model under its belt is an important prerequisite to releasing AI products that gain traction. All this is to say that, with Muse Spark still very new, it's fair to think Meta has meaningful AI products in its pipeline.
As Meta pursues such products, an equity raise would be a legitimate way to fund the growth of those products. In turn, Meta could assuage the concerns that have hurt its share price by creating new AI revenue streams.
Overall, while shareholder dilution is far from ideal, the payoff could be significantly greater in the long run.
Amid this, another factor to consider is Meta’s valuation. The stock currently trades at a forward price-to-earnings (P/E) ratio of around 19x. This is very close to its lowest level over the past three years and well below its three-year average near 23x.
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In Greg Abel's first letter to Berkshire Hathaway shareholders as CEO, he promised to preserve the culture at Berkshire Hathaway established by Warren Buffett. He emphasized financial strength and capital discipline as defining factors of Berkshire and its portfolio. But that hasn't stopped Abel from steering the company toward new investments.
Abel's largest investment so far has been his purchase of Alphabet (GOOG +0.45%) (GOOGL +0.53%) shares on the open market during the first quarter. He spent an estimated $11 billion buying shares, and he recently added another $10 billion to that investment. While Buffett long eschewed tech stocks like Alphabet, Abel is quickly making it a core holding for Berkshire's portfolio.
Image source: The Motley Fool.
An $85 billion bet on the future of artificial intelligence Abel's $10 billion investment in Alphabet is part of a larger $85 billion equity raise from the tech company. Abel was able to negotiate a discount on the shares in excess of the dilution the company faced from the equity offering. With the latest purchase, Alphabet is set to become Berkshire's fourth-largest position, according to publicly available information.
Alphabet plans to use the capital raised to fund additional artificial intelligence (AI) infrastructure and help employees pay taxes on stock-based compensation. Both seem like good uses of cash right now, as compute capacity and exceptional engineering talent are key growth drivers for Alphabet's business.
Google Cloud, Alphabet's cloud computing platform, is seeing accelerating revenue growth as more capacity comes online each quarter. Management shared plans to spend between $180 billion and $190 billion this year, with a significant increase in spending in 2027. That should fuel continued growth in Google Cloud revenue, which climbed 63% last quarter with operating margin expanding to 32.9% from 17.8% a year ago.
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A few other factors are driving meaningful growth in the cloud segment as well. The company has made tremendous progress over the last 18 months with its Gemini models, which are now on par with leading models from OpenAI and Anthropic. Additionally, its custom AI accelerator chips, Tensor Processing Units, have proven a good alternative to more expensive graphics processing units.
At the same time, Alphabet's core business, advertising, has seen improving revenue growth and profits thanks to valuable AI integrations. AI Overviews and AI Mode have increased engagement with Google Search. Additionally, AI has made advertising more effective by enabling better targeting and more effective ad creatives for marketers. As a result, Google Services is also seeing accelerating revenue growth and expanding operating margin.
At around 25 times earnings, Alphabet looks like a good value, given how quickly the company is growing its top line while expanding operating margins across its business. Abel's decision to double down around the current price makes sense, and considering the amount of capital left to deploy, it won't be a surprise to see him continue adding to the position if the stock moves lower.
Microsoft has been one of the early winners in the AI boom, offering products through its cloud unit. The AI business' annual revenue run rate climbed more than 100% in the recent quarter.
June saw a sudden and large uptick in Microsoft (NASDAQ: MSFT) stock insider selling activity.
Specifically, filings submitted to the Securities and Exchange Commission (SEC) since the year started show that there have been a total of six rounds of equity trading by senior company personnel, with five sell-offs and one purchase.
Between January and June, only two rounds of insider selling were reported, with the total value of MSFT shares sold amounting to $5.06 million. On June 1, 8, and 10, however, three substantial trades were executed, seeing senior personnel dump a total of $9.9 million of Microsoft stock.
Thus, just 10 days in June account for 66% of all insider selling year-to-date (YTD).
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Looking at the trades more closely, Executive Vice President and Chief Marketing Officer Takeshi Numoto engaged in two rounds of trading. On June 8, he sold 2,500 Microsoft shares at an average price of $412.45, making a total of $1.03 million.
Two days later, Numoto dumped 4,500 MSFT shares at an average price of $402.84 for a total of $1.8 million. The trades were reported on June 10 and 12, respectively.
Meanwhile, the first sale of the month was simultaneously the biggest. On June 2, Judson Althoff, the CEO of Microsoft Commercial, revealed that he dumped 15,500 shares at an average price of $460.99, raising a total of $7.14 million.
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Althoff’s trade is peculiar for a variety of reasons, of which the two most obvious are the fact that it was the single biggest insider trade of the company’s stock in 2026, and the fact that it came at a multi-month high price point for the equity – MSFT closed at $460.52 on the day, its highest value since the late January crash.
Microsoft stock price YTD chart. Source: Finbold While insider sales are, more often than not, a regular occurrence among major public firms that usually have little to do with actual business development, the situation with the latest Microsoft stock selling activity nonetheless came at an alarming moment.
Why June is a pivotal month for Microsoft stock Indeed, the sales came at approximately the same time as a debate over the costs of artificial intelligence (AI) came to a head as enterprise customers – led by Uber (NYSE: UBER) – started questioning whether expenses have led to meaningful gains, and as retail customers began their own revolt after GitHub Copilot moved to usage-based billing.
Overall, the first half of June marked at least a temporary turning point in the wider AI narrative.
Executives of major companies operating in the industry began aggressively walking back on their previous claims that the technology would lead to mass job extinction, major outlets started searching for the return on investment (ROI), politicians became more receptive to banning data center construction, and OpenAI started threatening a price war.
Simultaneously, and likely due to a mix of factors, including the voracious hunger for capital of the SpaceX initial public offering (IPO), which led to a substantial sell-off in the U.S. stock market, and analysts like Jim Cramer began publicly wondering if investors can truly finance the massive expected IPOs and Google’s (NASDAQ: GOOGL) $80 billion equity fund raise.
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The situation is particularly dangerous – and, given that June featured 66% of all Microsoft stock insider sales of 2026, concerning – because the AI boom has already turned numerous traditionally wealthy corporations cash-poor and saddled many others with significant debt, all the while leading to sky-high valuations.
Overall, unless the narrative finds a new bullish center of gravity before the SpaceX (NASDAQ: SPCX) hype and the tailwinds from the memorandum of understanding (MOU) between the U.S. and Iran expire, the boom might end up fully proven as a bubble and lead to a bust within months.
LongPoint expects to launch three ETFs - AMDU, MUU, ORBUNew Savvy ETFs provide two times leveraged long exposure to AMD, Micron, and SpaceX LongPoint is a Canadian owned and operated ETF providerToronto, Ontario--(Newsfile Corp. - June 15, 2026) - LongPoint Asset Management Inc. ("LongPoint") is proud to announce the launch of three new Savvy Double Leveraged Single Stock ETFs on the Toronto Stock Exchange (the "TSX") on Wednesday, June 17, 2026. The SavvyLong (2X) AMD ETF ("AMDU") offers two times leveraged long exposure to Advanced Micro Devices, Inc., the SavvyLong (2X) Micron ETF ("MUU") offers two times leveraged long exposure to Micron Technology, Inc., and the SavvyLong (2X) SpaceX ETF ("ORBU") offers two times leveraged long exposure to Space Exploration Technologies Corporation.
AMDU, MUU, and ORBU are the latest additions to Canada's only suite of double leveraged single stock ETFs based on popular, well-known actively trading stocks (the "Savvy ETFs"). These three Savvy ETFs seek daily investment results that endeavour to correspond, before fees and expenses, to two times (2X) the daily return (on a percentage basis) of their respective target common stock, do not hedge their exposure to the U.S. dollar, and trade on the TSX in Canadian Dollars.
"LongPoint is proud to add to Canada's only double-leveraged single stock ETF family, providing 2X and -2X exposure to US and Canadian companies," said Steve Hawkins, CEO of LongPoint. "We recognize the growing investor demand for additional 2X single stock exposures. With AMDU and MUU, we are adding exposure to leading semiconductor companies that are fueling the AI revolution. With ORBU, we are adding exposure to SpaceX, which had the largest ever company valuation at listing at approximately $2 trillion USD. SpaceX is the hot topic and traded over $82 billion USD on its IPO date this past Friday, demonstrating the significant investor interest in this issuer. These ETFs will offer knowledgeable, sophisticated Canadian investors TSX-listed solutions — trading in Canadian dollars — that enables them to tactically position their portfolios around company-specific news, technical signals, market events, or fundamental price outlooks."
With this launch, LongPoint continues to establish itself as a leader in innovative ETF solutions. The company entered the levered ETF market in December 2024 with its leveraged crude oil and natural gas ETFs, followed in May 2025 with the launch of Canada's first triple levered index ETFs, and has since launched Canada's only suite of double levered single stock ETFs. LongPoint is a proudly Canadian owned and operated company.
The Savvy ETFs have closed their offering of initial shares and will begin trading on the TSX when the market opens on June 17, 2026.
About LongPoint Asset Management Inc.
LongPoint Asset Management Inc. is a Canadian owned and operated company which delivers innovative ETF solutions designed to enhance your Canadian investing journey. Our dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. LongPoint also offers its unique Partnership ETF platform, which simplifies the launch, operation, and growth of ETFs for its partner asset managers. LongPoint was Canada's fastest growing ETF provider in 2025, on a percentage basis, and offers 52 Canadian-listed ETFs with more than $400 million in assets under management.
Discover the advantage of investing with LongPoint.
AMDU, MUU, and ORBU (the "ETFs") are alternative mutual funds, and as such, the ETFs are permitted to use leveraged investment strategies that are not permitted for other types of mutual funds. The ETFs are highly speculative and use a significant amount of leverage which magnifies gains and losses. They are intended for use in daily or short-term trading strategies by very knowledgeable, sophisticated investors. If you hold the ETF for more than one day, your return could vary considerably from the ETF's daily target return. For example, you could lose your entire investment in one day if the ETF's daily target loses more than 50% in a single day. The negative effect of compounding on returns is more pronounced when combined with leverage and daily rebalancing in volatile markets. The ETFs are not suitable for investors who do not intend to actively monitor and manage their investments. In addition, the ETFs are concentrated and non-diversified, meaning they are only exposed to a single common stock. As a result, the ETFs' assets are more susceptible to the impact of any specific company event, or single economic, technological, or regulatory event, compared to a diversified portfolio.
The ETFs employ significant leverage, may experience amplified losses and should not be expected to return 200% over any period of time other than daily. The returns of the ETFs over periods longer than one day will likely differ in amount and possibly direction from the performance or inverse performance, as applicable, of the stock of the ETF for the same period. This effect is more pronounced for the ETFs as the volatility of the target index and/or the period of time increases.
This material is for informational purposes only. This material is not intended to be relied upon as research, investment, or tax advice and is not an implied or express recommendation, offer or solicitation to buy or sell any security or to adopt any particular investment or portfolio strategy. Any views and opinions expressed do not take into account the particular investment objectives, needs, restrictions and circumstances of a specific investor and, thus, should not be used as the basis of any specific investment recommendation. Investors should consult a financial and/or tax advisor for financial and/or tax information applicable to their specific situation.
Commissions, management fees, performance fees and operating expenses may all be associated with an investment in the ETFs. The ETFs are not guaranteed, their value changes frequently and past performance may not be repeated. The ETF Facts and prospectus contain important detailed information about each ETF. Please read the relevant documents before investing.
Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
Investors are strongly encouraged to seek legal advice or consult with their compliance officers to fully understand their obligations in respect of insider trading, insider reporting, and take-over bid rules in connection with investments in Shares of a Savvy ETF. Failure to comply with these obligations could result in regulatory scrutiny or enforcement action.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301485
Source: LongPoint Asset Management Inc.
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Alibaba BABA affiliate Ant Group is preparing a major AI redesign of Alipay, as China's super app battle with Tencent's WeChat moves into a more automated phase.
Bloomberg reported that Ant is testing a new version of Alipay built around an AI agent interface. The assistant, called Ah Bao, would let users book rides, order coffee, arrange food delivery and manage investments through text or voice prompts. With user approval, it could also buy mutual funds, pushing Alipay beyond payments and deeper into everyday financial and lifestyle tasks.
The move comes as Alipay and WeChat race to bring AI agents into apps already used by more than 1B people. Tencent is testing an AI agent inside WeChat, while Alipay's version remains in internal testing with no public launch date set.
the story matters because Ant is trying to rebuild momentum after regulators halted its IPO and tightened lending rules. The next thing to watch is whether AI agents lift engagement enough to justify higher computing and promotion costs.
Citi has downgraded Softcat PLC (LSE:SCT), the IT infrastructure reseller, to neutral from buy while lifting its price target to £19.50, arguing that a share price surge of more than 50% since mid-March has left the stock's positive outlook fully reflected in the valuation.
The note, written by analysts Carl Murdock-Smith and Balajee Tirupati, acknowledges that Softcat has continued to execute well and has benefited from a structural increase in enterprise spending on information technology.
Looking ahead, the bank sees the group as well-positioned to sustain above-average growth as clients accelerate investment in the infrastructure layer needed to become AI-ready.
However, Citi argues that the re-rating since the first-half results leaves limited scope for meaningful earnings surprises or further valuation expansion.
Higher comparable figures from the prior year, potential macro headwinds and supply constraints are cited as factors that could weigh on growth momentum.
The bank concludes that while Softcat remains a high-quality operator, the current share price adequately reflects that quality, leaving the risk-reward less compelling than it was earlier in the year.
Citi has reiterated its 'sell' rating and £1.75 price target on BT Group PLC (LSE:BT.A) after the telecoms company's annual report revealed that last year's EBITDA was flattered by an £18 million bonus provision unwind, adding to existing concerns about the quality of the group's cash flows.
Analyst Carl Murdock-Smith argues that BT's revenue, EBITDA and earnings per share growth rank among the worst performances of any incumbent telecoms operator in the sector, casting doubt on the company's target of £3 billion in normalised free cash flow by the end of the decade.
BT's full-year results in May came in broadly in line with Citi's expectations but disappointed investors who had anticipated stronger dividend growth, while also prompting questions about underlying cash generation quality.
The bank acknowledges that normalised free cash flow will improve this year as capital expenditure falls, but argues this does not address the structurally challenging nature of the UK market.
In afternoon trading, the shares were off 3% at 203.9p.
SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced its financial results for the three months ended March 31, 2026 ("Q4 FY2026") and the fiscal year ended March 31, 2026 ("FY2026"). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. “In fiscal 2026, we reset the business, laid a disciplined foundation, and made deliberate investments, including ac.
Canopy Growth Corporation (CGC - Free Report) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to a loss of $0.94 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -199.82%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.1, delivering a surprise of -233.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Canopy Growth, which belongs to the Zacks Medical - Products industry, posted revenues of $51.94 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.47%. This compares to year-ago revenues of $45.3 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Canopy Growth shares have lost about 12.3% since the beginning of the year versus the S&P 500's gain of 8.6%.
What's Next for Canopy Growth?While Canopy Growth has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Canopy Growth was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.01 on $65.13 million in revenues for the coming quarter and -$0.11 on $278.96 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Products is currently in the bottom 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Nurix Therapeutics, Inc. (NRIX - Free Report) , another stock in the broader Zacks Medical sector, has yet to report results for the quarter ended May 2026.
This company is expected to post quarterly loss of $0.73 per share in its upcoming report, which represents a year-over-year change of -40.4%. The consensus EPS estimate for the quarter has been revised 1.8% higher over the last 30 days to the current level.
Nurix Therapeutics, Inc.'s revenues are expected to be $14.3 million, down 67.5% from the year-ago quarter.
BEND, Ore., June 15, 2026 (GLOBE NEWSWIRE) -- 10 Barrel Brewing and Pub Beer, craft beer brands of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced a summer-long soccer celebration across the Pacific Northwest, bringing fans together through in-pub activations, limited-edition packaging, branded merchandise, sweepstakes, and game-day experiences tied to the excitement of the global tournament.
As soccer supporters gather to celebrate the world’s biggest matches, 10 Barrel Brewing and Pub Beer are creating destination-worthy experiences that blend craft beer, Cheap Fun, and matchday energy. Across 10 Barrel pubs in Bend, Boise, and Portland, fans can enjoy a lineup of activations designed to turn every game into an occasion. fans can soak up the excitement of the global soccer tournament through internationally inspired dishes, beer specials and a game-day passport contest —all while celebrating the tournament atmosphere with fellow supporters.
Pub Beer and Pub Light are tapping into the excitement of the global soccer season with limited-edition packaging that turns an 18-pack into your personal soccer goal, a Cheap Fun foosball table sweepstakes to win a one of one Pub Cup co-branded foosball table, branded soccer merchandise, and prizes offered during matches at 10 Barrel pubs across the Pacific Northwest.
Brian Hughes, Senior Brand Director-West Coast Brands said, “Soccer has an unmatched ability to bring people together, and 10 Barrel Brewing and Pub Beer are embracing that energy with experiences built for fans who want to celebrate every match with great beer, great food, and a little Cheap Fun along the way. From limited-edition packaging and foosball to pub programming across the Pacific Northwest, this campaign is all about creating memorable moments around the global game.”
Whether fans are following every match or just looking for a fun place to catch the action, 10 Barrel Brewing and Pub Beer are bringing people together all summer long with flavorful food, cold beer, playful competition, and memorable prizes. Across the Pacific Northwest, the brands are giving soccer fans more reasons to show up, cheer loudly, and celebrate the season in true pub style.
For more information on 10 Barrel Brewing pub events and Pub Beer promotions this summer, visit your local 10 Barrel pub in Bend East, Bend West Portland or Boise or follow the brands on social media @10barrelbrewing.
About 10 Barrel Brewing and Pub Beer
10 Barrel Brewing is known for its inventive craft beer, vibrant pub culture, and community-driven approach to bringing people together over great food and drinks. Pub Beer is the beloved easy-drinking lager brand built around the spirit of Cheap Fun, delivering uncomplicated good times and approachable refreshment.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
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Analysts at Goldman Sachs still believe Nvidia (NASDAQ: NVDA | NVDA Price Prediction) could push higher.
In fact, as quoted by CNBC, the firm noted, “We believe Nvidia’s improved capital allocation should drive increased investor confidence around the company’s commitment to balance product innovation and ecosystem investments with shareholder returns. We reiterate our Buy rating on the stock as we see Nvidia sustaining its growth profile into 2027 while maintaining a competitive edge in the market — and our CY27 estimates stand over 30% above the Street.”
Futures are rocketing higher on news that the war with Iran is ending.
At the moment, the S&P 500 is up by 1.36%, or by 101 points. The SPDR S&P 500 ETF (SPY) is up by 0.54%, or by $4 a share. The Dow is up 1.05%, or by 530 points. The Nasdaq is up by 2.17%, or by 644 points. Oil is down by $4.64 at $80.20.
According to President Trump on Truth Social, “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
Both sides will reportedly sign off on the deal by Friday. The Strait of Hormuz isn’t officially open yet, but both President Trump and Iran’s Deputy Foreign Minister have said it would reopen after the signing in Geneva. And we should note that Israel is not part of the agreement.
How to Trade World Cup Soccer The 2026 FIFA World Cup is shaping up to be one of the biggest economic and sports betting events in history.
As billions of fans tune in and wagering activity surges worldwide, sports betting stocks could see a significant boost in revenue and investor interest. One of the companies that could benefit is DraftKings (NASDAQ: DKNG) — which noted that, “Combined with our unified platform strategy, which allows customers to access either sportsbook or sports predictions, depending on location, and includes a Spanish-language feature, we believe the tournament has the potential to be a meaningful driver of both new customer acquisition and strong engagement across our existing customer base,” as quoted by CNBC.
In addition, analysts at Oppenheimer, who rate DKNG a buy, said the company’s push into prediction markets via the World Cup will serve as a trial run to prepare the platform for a surge in volume in the fall, coinciding with the NFL season.
Sequoia Capital partner Shaun Maguire went on CNBC last week and said SpaceX (NASDAQ:SPCX), freshly trading, looks to him “more like Nvidia three years ago” than Tesla (NASDAQ:TSLA | TSLA Price Prediction). He also said he plans to hold his shares “forever.” Sequoia is a longtime SpaceX backer, so the incentive to talk his book is obvious. Still, the comparison is worth unpacking because it is a specific claim about where SpaceX sits on the curve, and the curve has a recent, very expensive precedent.
The NVIDIA comparison, and why he rejected the Tesla one Three years ago, in June 2023, NVIDIA (NASDAQ:NVDA) traded at a split-adjusted $39.41. The AI thesis was contested, hyperscaler capex was just beginning to inflect, and bears framed the stock as a cyclical chip name riding a temporary GPU shortage. Since then, NVIDIA shares are up 419.89%, the company carries a $4.95 trillion market cap, and Q1 FY27 data center revenue alone hit $75.25 billion, up 92% year over year. CEO Jensen Huang called the buildout “the largest infrastructure expansion in human history.” You can read the underlying 8-K here.
Maguire’s framing implies SpaceX is at the analogous moment. Customers are real, the infrastructure thesis is concrete, and the multiple has not yet priced in what he thinks 2029 and 2030 revenue will look like. Tesla gets rejected because it often traded on narrative rather than on visible contractual revenue. SpaceX’s Connectivity segment generated $11.39 billion in 2025, with segment adjusted EBITDA of $7.17 billion, growing 49.8% year over year. That is the part of the business already paying for the harder parts.
The three-year growth catalysts Maguire is underwriting He expects “dramatic growth” over the next three years from three vectors. Starship, orbital data centers, and Starlink direct-to-cell. SpaceX says Starship V3 should carry 100 metric tons to orbit, and the vehicle could eventually reduce the cost to reach orbit by 99% or more. Drop launch cost by two orders of magnitude and the addressable market reorders itself.
The orbital data center pitch is wilder. SpaceX expects to begin deploying orbital AI compute satellites as early as 2028, eventually a constellation of potentially millions of satellites running inference workloads in sun-synchronous orbit. The xAI acquisition closed in February 2026 and now forms the AI segment, which generated $818 million in revenue in the first quarter alone while burning operating cash on compute buildout.
The “hold forever” model and what’s actually behind it Maguire said the quiet part out loud. “I have what I think the company’s revenue is going to be in 2029, 2030. And I have what I think is a reasonable multiple on that. The answer I get to is a very big number.” He also called SpaceX’s mission “the most important mission of any company in history.” That second part is venture-capital register. The first part is a DCF dressed up in conviction language.
Early backers have an obvious reason to be vocal at debut. Newly public stocks routinely sag around lock-up expiration as insiders sell. None of that invalidates the long thesis, but it shapes how a public-market investor should pace any position.
Key-man risk and the public-market workarounds On Elon, Maguire said “Elon is the most visionary entrepreneur of all time. I also think he’s underappreciated in his operational ability.”. SpaceX’s S-1 is blunter, describing the company as “highly dependent” on Musk and noting it does not maintain key-person life insurance on him. He also runs Tesla, holds roles at Neuralink and The Boring Company, and previously served as Senior Advisor to the President.
For exposure to the same ecosystem, Tesla carries a $2 billion equity stake in SpaceX and shares Musk’s attention. Shares are down 7.2% year to date at $406, though Polymarket assigns a 90.5% probability that SpaceX carries the higher valuation between the two by June 30.
The closer launch comparable is Rocket Lab (NASDAQ:RKLB), up 34% year to date and 285% over the past year. Q1 revenue grew 63.5% to $200.35 million, backlog reached $2.2 billion, and the company was selected for the Department of War’s Space Based Interceptor program. Neutron, the medium-lift rocket meant to match Falcon 9, slipped later into 2026 after a stage-1 tank test failure. The valuation, at 102.6 times trailing sales, already prices in a lot of what has not happened yet. Which, oddly enough, is also Maguire’s argument for SpaceX. The difference being he gets to hold his shares forever at the cost basis Sequoia paid years ago, and you do not.
Verdera Energy invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com June 15, 2026 08:35 ET | Source: Virtual Investor Conferences
VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) -- Verdera Energy Corp. (TSXV:V) (OCTQB:VUECF) today announced that Janet Lee-Sheriff, Chief Executive Officer, will present live at the Energy & Precious Metals Virtual Investor Summit hosted by VirtualInvestorConferences.com, on June 16th, 2026
DATE: June 16th
TIME: 1:00 – 1:30 pm Eastern
REGISTER HERE
Available for 1x1 meetings: Wednesday June 17th 11am – 2pm Eastern and Thursday June 18th 11 am to 4pm Eastern. Schedule 1x1 Meetings here.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com.
About Verdera Energy Corp.
Verdera Energy Corp. is focused on the development of In-Situ Recovery (“ISR”) uranium assets in New Mexico. With the largest land position in a prolific uranium district, and the largest uranium endowment among U.S.-focused public uranium exploration companies, Verdera is working to meet the growing demand for clean, reliable domestic uranium. Led by a team with extensive experience in the uranium and natural resources sector, Verdera holds private mineral rights spanning approximately 400 square miles, 88 million pounds of known and historic resources and a significant proprietary uranium database. New Mexico, with expansive uranium resources, is positioned as a critical district in the U.S. domestic nuclear renaissance, driven by efforts to reduce reliance on foreign imports. Verdera is committed to fostering strong community relations and strives to work closely with local communities.
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Matternet, a leading autonomous aerial logistics technology company and the only FAA Type-Certified drone delivery platform, today announced its upcoming participation in Bank of America's “A Transforming World 2026” conference in New York City on June 16, 2026. Matternet's CEO and Founder, Andreas Raptopoulos, will present during the session “Autonomous Drone Delivery: The Next Logistics Network” from 4:10 PM ET to 4:40 PM ET. The conference will feature.
By year-end 2026, Bank of America will conduct 2,500 in-person scam and fraud prevention seminars reaching tens of thousands of consumers across the U.S. This grassroots initiative is designed to bring essential scam and fraud prevention education to local communities across the nation amidst the growing threat of digital financial scams. Other tools and resources for protecting clients from fraud include more than 1 billion educational messages sent to clients each year, the Bank of America Security Center and 50 AI-enabled fraud detection models. , /PRNewswire/ -- In support of World Elder Abuse Awareness Day, Bank of America today announced it will host 1,000 in-person scam and fraud prevention seminars, also known as "Scaminars," throughout the remainder of 2026. This will increase the total number of sessions held since the program began to 2,500, reaching tens of thousands of consumers in local communities throughout the nation. Aligned with the current Elder Abuse Awareness Month, the bank will host hundreds of these seminars in June alone.
"Our commitment to financial safety goes beyond simply reacting to threats – it's about proactively empowering people with the knowledge they need," said Jenn Ehresmann, Head of Consumer Client Protection at Bank of America. "This program aims to strengthen the financial wellness of the communities we serve through greater accessibility to fraud and scam prevention training. The robust participation we have seen across all generations shows a clear need for this type of education at the local level."
Financial fraud and scams have become more sophisticated, making it harder for people to navigate digital threats. In 2025, financial scams from social media alone resulted in reported losses of $2.1 billion, an eightfold increase since 2020, according to the Federal Trade Commission. With a curriculum built by Better Money Habits®, Bank of America's free financial education platform, the seminars address this rising challenge head-on, providing attendees with crucial information on:
Identifying common digital fraud tactics and red flags. Trending scams that may not be widely known. Resources available to clients. What to do if you become a victim. The grassroots program brings fraud prevention education directly to local communities through Bank of America's network of more than 3,500 financial centers and 2,500 Bank of America employees who conduct fraud and scam prevention seminars. Bank of America has also partnered with local law enforcement and community organizations—including retirement centers and chambers of commerce—to expand the program's reach and impact.
"Fraud prevention begins with comprehensive awareness and education," said Andrew Cromwell, Trust and Financial Protection executive at Bank of America. "When people understand scams and their warning signs, they're better equipped to protect their finances and their loved ones."
BofA Security Center, Enhanced Fraud and Identity Monitoring
Bank of America continues to help protect clients through its enhanced Security Center – which lets clients manage online and mobile banking security options. The site brings together security features, tools, and fraud and scam education in a centralized, client‑friendly experience. Bank of America also using more than 50 AI-enabled fraud detection models to help spot fraudulent activity. In addition, Bank of America provides more than 1 billion educational messages to our clients each year, including details on emerging scams, red flags and preventative tools.
BofA Rewards members, who are enrolled in My Credit, also have access to enhanced fraud and identity monitoring. These My Credit features include dark web monitoring, Social Security Number monitoring, full-service identity restoration and more.
Frequently asked questions
Question: How do clients sign up for a seminar?
Answer: Bank of America clients can register at a participating financial center, in person or by phone. The seminars are free to attend for all clients and prospects.
Question: Who should participate in a seminar?
Answer: Bank of America's fraud and scam education seminars are applicable for clients of all ages. The program also includes sessions tailored to populations vulnerable to financial scams and fraud, including youth and young adults, as well as elderly adults, ensuring that everyone can access information most relevant to them.
Question: What other tools or resources does Bank of America offer to help protect consumers from scams and fraud?
Answer: Bank of America Security Center brings together a variety of security features and educational tools. Bank of America clients can access Security Center in Mobile and Online Banking to find additional information about the level of protection of their accounts and information. Additionally, Better Money Habits, Bank of America's free financial education platform, provides a variety of additional resources on these topics.
Question: How else is Bank of America protecting clients from scams and fraud?
Answer: Bank of America has a multifaceted approach to protecting clients, from prevention and detection processes, to providing resources to front-line associates and broad-based education for the community. Bank of America has heavily invested in its fraud prevention technology to combat future risks for clients. For example, the company has developed and implemented more than 50 AI models to help prevent and detect fraud.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Reporters may contact
Don Vecchiarello, Bank of America
Phone: 1.980.387.4899
[email protected]
Extension reinforces the firm’s century-long presence in Canada and supports strategic capacity, resilience and innovation as critical supply chains evolve
NEW YORK--(BUSINESS WIRE)--JPMorganChase today announced the expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative (SRI) to Canada. The announcement builds on SRI’s recent expansion to Europe and the firm’s momentum in Canada, which has nearly doubled franchise revenue and increased headcount by a third over the past five years.
First announced in the United States in October, SRI is a $1.5 trillion, 10-year initiative to facilitate, finance and invest in five key verticals, including supply chain and advanced manufacturing, defence and aerospace, energy independence and resilience, frontier and strategic technologies, and pharma and healthtech. In Canada, JPMorganChase expects SRI to align closely with some of the country’s strengths and key priorities including defence, energy and mining, and supporting secure, resilient supply chains with trading partners.
“Canada has deep strengths on the world stage — rich in talent, abundant resources and is home to companies at the forefront of critical industries,” said Jamie Dimon, Chairman and CEO of JPMorganChase. “By extending SRI to Canada, we’re strengthening the vital industries and supply chains that underpin North American economic resilience, which is essential to shared prosperity and collective security.”
David Rawlings, CEO for JPMorganChase Canada, will lead the initiative locally, providing oversight and accountability across the country. He will work with clients and public- and private-sector organizations to advance SRI’s multilateral initiatives — including providing banking and advisory support to select next-generation companies building critical capacity in Canada, the U.S. and across global trading partners.
Separately, JPMorganChase is proud to play a leading role in the establishment of the Defence, Security and Resilience Bank (DSRB), which will be headquartered in Canada. As one of the key financial institutions helping to stand up the DSRB, our involvement reflects JPMorganChase’s deep commitment to helping finance future defence and security objectives. Canada’s selection as the headquarters further strengthens the country’s position in defence, aerospace, advanced manufacturing, and research and development.
JPMorganChase serves clients across Canada through offices in Toronto, Montreal, Calgary and Vancouver, with a focus on cross-border activity. The firm helps Canadian clients invest, grow and transact globally and serves subsidiaries of global companies operating in Canada. Through JPMorganChase’s global network in more than 100 countries, the firm helps connect Canadian companies and institutions to global capital and markets.
As Canada attracts more capital and capabilities to strengthen domestic growth and resilience, JPMorganChase is expanding its operations to support clients as investment priorities evolve and supply chains become more critical to long-term competitiveness.
For more information on SRI, please visit jpmorgan.com/sri.
About JPMorganChase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.9 trillion in assets and $364 billion in stockholders’ equity as of March 31, 2026. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Sammy Hagar couldn't drive 55, but Target (TGT +1.95%) was able to last week. The discount retailer has now boosted its quarterly distributions for 55 consecutive years, coming through with another dividend increase. The move was modest -- up less than 2% to a quarterly rate of $1.16 a share -- but it kept an enviable streak going for the Dividend King.
It also helped keep the upticks coming, as Target hit a 52-week high on Friday. But the stock is still a good buy despite the fresh peak. With a turnaround coming together, this could be a great time to buy the ascending 2026 market beater.
Let's go on a shopping spree.
Image source: Getty Images.
Target practice Target stock has been cheap for some time. Now that the chain is becoming chic again in investing circles, the "cheap chic" discount retailer is ready for the spotlight. A new CEO's arrival in February hasn't delivered immediate financial results, and the company is targeting modest net sales growth of 2% for the full year, but investors are willing to wait things out. There is resounding market confidence in the new approach.
Target stock has soared 38% so far in 2026. It's one of just seven S&P 500 stocks yielding more than 3% that have gained more than 30% this year. CEO Michael Fiddelke has laid out an aggressive plan to restore Target and its customer appeal to what they were in better times, and that's why, even though Target closed out last week at a fresh recent high, it's worth recalling that the stock still stands at roughly half of its 2021 all-time high.
Today's Change
(
1.95
%) $
2.59
Current Price
$
135.23
Into the playbook The stakes are high, with the stock at a 52-week high. Fiddelke has communicated a clear vision for making "Tar-zhay" cool again, but it won't come cheap. Target announced in March that it will commit an incremental $2 billion in spending this year. Half ot that will go toward capital expenditures, with the other bankrolling additional operating investments to accelerate store-level sales growth.
Target isn't just going back to the past. It's not afraid of the future. It's leaning on AI to provide a more intuitive and personalized shopping experience. The mass-market department store operator is transforming its floor plans and displays. And it's not going to be afraid to ramp up payroll if it has to spend money to make money in the future.
Target is part of the elite group of Dividend Kings -- companies that have increased their payouts for at least 50 straight years. But the stock is no longer just about the consistent dividend. That story was reinforced with last week's increase. And it's worth noting that the stock's rise this year has lowered the yield from roughly 5% at the start of the year to 3.4% today.
Still, Target shares aren't expensive despite the year-to-date climb. You're buying the chain for 16 times forward earnings and 15 times next year's profit target. That's a fair price for a turnaround story that's just starting to be told.
Rick Munarriz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy.
Shares of Target (NYSE:TGT | TGT Price Prediction) just punched through to a fresh all-time high after a remarkable six-month rebound. The stock closed at $132.64 on June 11, 2026, capping a 38.33% year-to-date surge.
After a blowout Q1 report and raised guidance, the question shareholders are asking is simple: does the rally have another leg, or is this where it cools off? Our 24/7 Wall St. price target for Target is $132.64 over the next 12 months, implying the stock is trading right at fair value. Our recommendation is hold, with a confidence level of 90%.
24/7 Wall St. Price Target Summary Metric Value Current Price $132.64 24/7 Wall St. Price Target $132.64 Upside/Downside 0% Recommendation HOLD Confidence Level 90% From the September 2025 Lows to a Fresh Record Target has rallied 7.1% over the past week alone and 41.04% over the trailing year, climbing from a 52-week low of $81.83 to a 52-week high of $132.96.
The catalyst was a standout Q1 FY2026 report on May 20, 2026: EPS of $1.71 against a $1.4612 estimate (a 17.03% beat), revenue of $25.44 billion up 6.7% YoY, and comparable sales up 5.6% on 4.4% traffic growth. Digital comps jumped 8.9% and management raised full-year sales growth guidance to roughly 4%.
Why Bulls See a Breakout Ahead The bull case rests on momentum. All six core merchandising categories posted YoY growth in Q1, gross margin expanded to 29% from 28.2%, and high-margin non-merchandise revenue (Roundel ads, Target Circle 360, Target+ marketplace) grew nearly 25%.
CEO Michael Fiddelke called the quarter “stronger than expected” with the clarified strategy “driving broad-based growth.” Retail sales at the macro level just hit $757.1 billion, a 12-month high, providing fundamental support. If Target prints near the high end of its $7.50 to $8.50 EPS range, our internal bull scenario points to $139.27 within 12 months.
Guggenheim raised the firm’s price target on Target to $145 from $140 and keeps a Buy rating on the shares.
The Risks Worth Watching The bear case starts with valuation. Forward P/E sits at 15x, in line with historical averages, leaving little room for multiple expansion. After-tax ROIC declined to 12.4% from 15.1%, and University of Michigan consumer sentiment sits at 49.8, recessionary territory.
Tariff impacts are explicitly excluded from guidance. Three analysts already rate the stock Strong Sell, and 24 of 38 sit on Hold. Bulls would counter that the ROIC dip reflects capex up 31% YoY on new stores and remodels, an investment cycle that should pay off. Still, our bear scenario suggests downside to $114.94.
Target Price Prediction 2026-2030 Our 24/7 Wall St. price target of $132.64 matches today’s price, and we rate Target a hold with 90% confidence. The execution is real, but the easy money has already been made off the September 2025 lows. T
he bull case strengthens if Q2 confirms the traffic acceleration and tariff exposure proves manageable. The risk profile worsens if consumer sentiment keeps deteriorating from 49.8 and comps decelerate below the raised 4% sales growth bar.
Year 24/7 Wall St. Price Target 2026 $132.64 2027 $136.50 2028 $141.75 2029 $146.80 2030 $151.41 These projections assume Target continues executing on its clarified strategy and that consumer spending holds up. Material upside or downside could result from tariff resolutions, sustained margin expansion in Roundel and Target+, or a deeper consumer pullback than current data suggests.
Value stocks are having their moment again, and Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) is the cleanest way to own that rotation without overpaying for it. MGV returned 28% over the past year, a number that catches the eye when you remember the fund holds boring giants like JPMorgan (NYSE:JPM | JPM Price Prediction), Berkshire Hathaway (NYSE:BRK.B), ExxonMobil (NYSE:XOM), and Procter & Gamble (NYSE:PG).
The MGV pitch is simple. You want the largest, most cash-generative value names in the US, weighted by size, at a Vanguard cost, held for a decade.
What the fund actually owns MGV tracks the CRSP US Mega Cap Value Index, which screens the top slice of US market cap for value characteristics like book-to-price and earnings yield. The result is a portfolio full of financials, healthcare, consumer staples, energy, and industrials. These are the sectors throwing off real cash today. The return engine is straightforward. You collect dividends from the underlying mega-caps and pick up whatever multiple expansion the market hands to value over your holding period.
The dividend side has done its job. MGV paid $0.79 per share in March 2026 and $0.82 in late December 2025, up from quarterly distributions in the $0.25 to $0.29 range back in 2008. That is roughly a tripling of the quarterly payout across the holding period, which is what a buy-and-hold income engine is supposed to do.
Does the strategy actually deliver Shares sit near $162 after a 15% year-to-date run, with 80% over five years and 240% over ten. Those are price returns, so reinvested dividends push the real compounding higher. Solid numbers, but the honest comparison matters. The Vanguard S&P 500 ETF (NYSEARCA:VOO) outpaced MGV across most of the past decade because the Magnificent Seven ate everything in sight. If you bought MGV in 2016 expecting to beat the broad market, you didn’t. What you got was meaningful equity participation with lower valuation risk and a fatter dividend stream, which is a different mandate.
The 2026 backdrop finally rhymes with MGV’s design. Core PCE is running 3.3% year over year and goods inflation has accelerated to 4.4%, conditions that historically favor cyclical and asset-heavy value names over long-duration growth. The 10-year Treasury yielding 4.5% sets a real hurdle for equities, but MGV’s dividend yield plus mid-single-digit earnings growth clears it for patient holders.
The tradeoffs you accept You trail in growth-led markets. MGV underweights mega-cap tech by design, so when the Magnificent Seven runs you watch from the sidelines. JPMorgan’s 2026 outlook still has Mag 7 earnings growth near 20%, well above the rest of the index. Sector concentration is real. Financials carry outsized weight in any mega-cap value index, which makes MGV partly a bet on bank net interest margins and credit quality. A 2008-style financial seizure hurts this fund more than the broad market. Dividends bend in stress. The Q3 2020 distribution of $0.46 was a real cut from prior quarters during the pandemic, a reminder that even mega-cap payouts compress when the cycle turns. Where MGV fits and where to look elsewhere MGV makes sense as a 15% to 30% core holding for investors who want US equity exposure tilted toward cash-generative incumbents and away from speculative multiples. The broader Vanguard Value ETF (NYSEARCA:VTV) covers similar ground with more mid-cap exposure, so if you want pure mega-cap concentration you stay with MGV, and if you want a wider value net you take VTV.
Investors who need maximum growth participation should anchor with VOO and treat MGV as a complement. For a retiree building a decade of equity income with some downside cushion, MGV is the rare Vanguard product that actually lives up to its name.
The bottom line MGV is not built to win every market. It is built to deliver durable, cash-backed equity returns from the largest value names in the US at a rock-bottom expense ratio, with a dividend stream that has roughly tripled across the holding period and a sector mix that finally aligns with the 2026 macro setup.
Investors who buy MGV today are not chasing the next AI winner. They are locking in ownership of the companies that already print cash, already pay shareholders, and already trade at reasonable multiples. Over the next decade, that combination of yield, valuation discipline, and mega-cap quality is the kind of unglamorous edge that compounds quietly while flashier strategies cycle in and out of favor. For a buy-and-hold core position, MGV remains one of the most defensible choices in the Vanguard lineup.
NATO-standard solution will enable real-time intelligence sharing with allied nations
, /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today announced it has been awarded a $3.7 million CAD contract by General Atomics Aeronautical Systems, Inc. (GA-ASI) to design, build, integrate, and test a Coalition Shared Database (CSD) for Canada's Remotely Piloted Aircraft System (RPAS) program. The award is a meaningful step for 49North as it continues to establish itself as a dedicated Canadian defence integrator, delivering sovereign capabilities that strengthen decision advantage in complex and contested environments.
This contract award is an addition to the existing $74.4M RPAS contract and further strengthens 49North's role as a key member of Team SkyGuardian Canada, alongside GA-ASI, CAE, and L3Harris WESCAM, working to deliver 11 CQ-9B Guardian aircraft to the Royal Canadian Air Force (RCAF) by 2028. The Guardian is based on GA-ASI's MQ-9B, which is on order or operating for a growing list of international defence and security forces.
The CSD is a standardized, secure, and networked system based on NATO STANAG 4559 standards, designed for multinational operations to store, manage, and distribute Intelligence, Surveillance, and Reconnaissance (ISR) data. The system is designed to enable allied nations to share, search, and access heterogeneous sensor data in near real-time, facilitating a common operating picture while maintaining individual national control over information. The ability to be interoperable and have secure, multi-caveat-controlled real-time information flow with allies is a critical force multiplier for military operations.
Originally planned as a separate capability, the CSD was later integrated into the RPAS program at the request of the RCAF to ensure seamless operational performance. GA-ASI selected 49North to deliver the system based on its deep experience in coalition data-sharing and its ability to integrate complex systems within mission-critical environments.
Building on more than five decades of trusted Canadian defence delivery and prime contractor execution from MDA Space, 49North brings proven operational experience in coalition data-sharing solutions, including development work on the CP-140 program and implementation of Canada's and Australia's CSD interface for the NOCTUA and NANKEEN Heron UAV programs supporting the UN-mandated, NATO-led ISAF mission in Afghanistan.
The CSD award is the latest in a growing portfolio of defence capabilities that 49North is delivering for the CQ-9B Guardian program, which also includes production of Certifiable Ground Control Stations, Combat Search and Rescue (CSAR) Radio software, and Automated Targeting Classification image processing. Across these work packages, 49North is integrating advanced sensing technologies, autonomous systems, and secure digital mission systems—capabilities that reflect the company's broader mandate to deliver multi-domain C4ISR solutions across land, air, maritime, and joint domains for Canadian and allied defence customers.
The CSD system will reside in the main RPAS Ground Control Centre in Ottawa, with design, build, integration, and testing conducted at 49North's facility in Richmond, British Columbia. Delivery to GA-ASI is expected by August 2027.
This award further expands 49North's scope within the RPAS program and reinforces its growing role as a dedicated Canadian defence integrator of advanced C4ISR capabilities—delivering the engineering discipline, operational reliability, and mission assurance that Canada's defence modernization demands.
Quotes
"This award reflects the confidence that GA-ASI and the Royal Canadian Air Force have placed in 49North's C4ISR capabilities and our deep mission experience. 49North delivers sovereign, mission-critical defence capabilities for Canada, and coalition data sharing is exactly the type of high-assurance integration where our team excels. Interoperability with our allies is essential to Canada's defence posture, and the CSD will aim to ensure the RCAF can operate seamlessly in multinational environments."
– Joe Armstrong, President, 49North
"We're pleased to continue to build our partnership with 49North in the development and delivery of CQ-9B Guardian for Canada. This contract further strengthens the Team SkyGuardian alliance for Canada."
– Dan Fritz, Senior Program Director, General Atomics
Forward-Looking Statements
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the expected scope, performance and timing of work under the contract with General Atomics Aeronautical Systems, Inc., including the design, development, integration, testing and delivery of the Coalition Shared Database, the anticipated schedule for delivery including expected completion by August 2027, the expansion of MDA Space and 49North's roles within the RPAS program, the integration of the CSD into the broader RPAS system, the ability of the CSD to support interoperability and real-time intelligence sharing among allied nations, and the expected benefits, functionality and operational effectiveness of the system for the Royal Canadian Air Force and other defence partners. Forward-looking statements are based on certain assumptions and analyses made by MDA Space and 49North in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors they believe are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space and 49North to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.
Although MDA Space and 49North believe that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space and 49North, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space and 49North are not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About 49North
49North delivers sovereign Canadian defence capabilities with a focus on C4ISR and mission critical systems, strengthening decision advantage in complex and contested environments. Building on more than five decades of trusted Canadian defence delivery and prime contractor execution from MDA Space, 49North brings engineering discipline, operational reliability, and mission assurance to large, mission-critical defence programs. 49North integrates advanced sensing technologies, autonomous systems, secure digital mission systems, defence-qualified electronics, and long-term sustainment and in-service support of complex defence platforms across land, air, maritime, and joint domains. Headquartered in Ottawa, 49North brings trusted defence capability to reinforce Canada's long-term sovereignty and security.
ORION CORPORATION
STOCK EXCHANGE RELEASE / MAJOR SHAREHOLDER ANNOUNCEMENTS
15 June 2026 at 16.15 EEST
Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
Orion Corporation has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the total number of Orion shares owned directly and indirectly by BlackRock, Inc. and its funds, decreased on 12 June 2026 below five (5) per cent of Orion Corporation’s total shares.
Total positions of BlackRock, Inc. and its funds subject to notification:
% of shares and voting rights
(total of point A)% of shares and voting rights through financial instruments
(total of point B)Total of both in % (points A + B)Total number of shares and voting rights of issuerResulting situation on the date on which threshold was crossed or reached4.92% shares Below 5% voting rights
0.10% shares Below 5% voting rights
5.03% shares Below 5% voting rights
141,134,278 shares 738,091,288 voting rights
Position of previous notification (if applicable)5.06% shares Below 5% voting rights
0.04% shares Below 5% voting rights
5.10% shares Below 5% voting rights
Notified details of the resulting situation on the date on which the threshold was crossed:
Point A: Shares and voting rights:
Class/type of shares
ISIN codeNumber of shares and voting rights% of shares and voting rights Direct (SMA 9:5)Indirect (SMA 9:6 and 9:7)Direct (SMA 9:5)Indirect (SMA 9:6 and 9:7)FI0009014377 6,945,461 shares Below 5% voting rights
4.92% shares Below 5% voting rights
POINT A SUBTOTAL6,945,461 shares Below 5% voting rights
4.92% shares Below 5% voting rights
Point B: Financial instruments according to SMA 9:6a:
Type of financial instrumentExpiration dateExercise / Conversion PeriodPhysical or cash settlementNumber of shares and voting rights% of shares and voting rightsAmerican Depositary Receipt (US68628Y1047)N/AN/APhysical206 shares Below 5% voting rights
0.00% shares Below 5% voting rights
Securities Lent
N/AN/APhysical90,231 shares Below 5% voting rights
0.06% shares Below 5% voting rights
CFDN/AN/ACash64,471 shares Below 5% voting rights
0.04% shares Below 5% voting rights
POINT B SUBTOTAL154,908 shares Below 5% voting rights
Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
www.orionpharma.com
Orion Pharma is a globally operating Nordic pharmaceutical company – a builder of well-being for over a hundred years. We develop, manufacture and market human and veterinary pharmaceuticals as well as active pharmaceutical ingredients, combining our trusted expertise with continuous innovation. We have an extensive portfolio of proprietary and generic medicines and consumer health products. The core therapy areas of our pharmaceutical R&D are oncology and pain. Proprietary products developed by us are used to treat cancer, respiratory diseases and neurological diseases, among others. In 2025 our net sales amounted to EUR 1,890 million, and we employ about 4,000 professionals worldwide, dedicated to building well-being.
On June 15, 2026, we delve into the DCF analysis for PepsiCo Inc PEP , a company that has shown mixed price performance recently. Over the past week, PEP's stock has increased by 1.7%, but it has decreased by 4.0% over the last month. Year-to-date, the stock has gained 2.5%, and over the past year, it has appreciated by 13.4%. Here are some key insights:
DCF Earnings-based intrinsic value of $99.30 vs current price of $144.27 (margin of safety: -45.3%) DCF FCF-based intrinsic value of $74.33 vs current price (second opinion: -94.1% margin of safety) GF Score™ of 91/100 indicates high reliability of the DCF inputs What Is PEP Worth? DCF Earnings-Based Model The DCF earnings-based model for PepsiCo Inc PEP employs a two-stage approach to estimate the intrinsic value of the stock. The first stage involves a growth phase lasting 10 years, where we expect the EPS to grow at a rate of 6.2% annually. This is followed by a terminal phase where growth slows to a 4% rate for the subsequent 10 years. The discount rate applied is 11%, which combines the risk-free rate and equity risk premium.
Parameter Value Current EPS (TTM, excl. non-recurring) $7.96 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 DCF model is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.2%, discounted at 11% $62.92 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $36.38 Intrinsic Value Growth + Terminal $99.30 Comparing the current price of $144.27 with the intrinsic value of $99.30 indicates that PEP is modestly overvalued, with a margin of safety of -45.3%. It is important to note that GuruFocus uses EPS excluding non-recurring items because research shows stock prices correlate more closely with earnings than free cash flow. For further analysis, visit the PEP DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for PepsiCo Inc is calculated at $74.33. When comparing this with the earnings-based intrinsic value of $99.30, we see a significant discrepancy. Both models suggest that PEP is modestly overvalued, with the FCF model indicating a much larger margin of safety of -94.1%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for PepsiCo Inc stands at $172.67, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure calculated from historical trading multiples, past business growth, and future performance estimates. The earnings-based DCF, FCF-based DCF, and GF Value™ all indicate that PEP is currently overvalued. For more information, visit the GF Value™ page.
What Does PEP's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006-2021. Below is the GF Score™ breakdown for PepsiCo Inc:
Metric Rating GF Score™ 91/100 Financial Strength 5/10 Profitability 9/10 Growth 8/10 Valuation 10/10 Momentum 10/10 The predictability rank for PEP is 2/5 stars, indicating that the DCF model may be less reliable for this stock. For more details, visit the PEP stock page.
Key Assumptions and Limitations It is important to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings, such as PEP's 2/5 stars, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions accurately.
What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—the consensus indicates that PepsiCo Inc is currently overvalued. The earnings-based intrinsic value of $99.30 and the FCF-based intrinsic value of $74.33 both suggest caution for potential investors. The GF Value™ further supports this view with a valuation of $172.67.
For the full DCF analysis, visit the PEP 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 PEP's intrinsic value based on DCF?
[Answer: earnings-based $99.30, FCF-based $74.33]
Is PEP overvalued or undervalued?
[Answer using DCF + GF Value™ consensus]
How reliable is the DCF model for PEP?
[Answer using predictability rank 2/5]
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].
I rate Qualcomm a buy with a $299 price target, reflecting 42% upside potential from the current level. My main growth drivers are handset normalization, hyperscaler custom silicon, Automotive ADAS and cockpit compute, industrial IoT and physical AI, and continued buybacks. The recent SpaceX IPO has also broadened investor focus to distributed AI infrastructure, enhancing QCOM's strategic relevance in connectivity and low-power AI chips.
Shares of Qualcomm Inc NASDAQ: QCOM are doing what they, unfortunately, do best: selling off hard. At one point in the last week, the semiconductor giant traded around $190, after being above $250 just a week earlier. That’s a drop of more than 25%, giving back a sizable chunk of the 100%+ rally it enjoyed from April into May. For a stock that had just hit fresh all-time highs and looked to have finally rounded a corner, it's a painful reversal.
Qualcomm Today
$211.72 0.00 (0.00%)
As of 06/12/2026 04:00 PM Eastern
52-Week Range$121.99▼
$259.92Dividend Yield1.74%
P/E Ratio23.01
Price Target$184.29
Much of this isn't Qualcomm-specific. Chip and AI-related stocks have been falling alongside the broader market downturn triggered by the May labor report and by growing uncertainty over tensions in the Middle East.
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But there's a Qualcomm-related element to the selling, too, with concerns circulating that the stock's valuation had become overextended relative to its fundamentals after such an aggressive run.
That's exactly why the company's upcoming Investor Day, set for June 24, is suddenly so important. JPMorgan flagged it as a catalyst to watch closely because, if management gets it right, it could remove much of the weight that's been dragging the stock down. For those of us watching from the sidelines, that sets up an interesting couple of weeks.
What's Behind the Sudden SelloffThe speed of Qualcomm's reversal says more about market positioning than it does about the company itself. A stock that doubles in less than two months attracts a lot of fast money, and when the broader mood turns risk-off, that money tends to leave even faster than it arrived. With sentiment toward semis and AI names cooling markedly over the past fortnight, Qualcomm was always going to be one of the more exposed names.
Qualcomm Incorporated (QCOM) Price Chart for Monday, June, 15, 2026
The valuation concern is the part worth taking seriously. As the 100% rally was peaking last month, Qualcomm’s price-to-earnings ratio was also peaking at its highest level in more than a decade. In other words, investors were being asked to pay up for a growth story that, while compelling in the broader context of the AI revolution, hadn't yet been formally laid out by Qualcomm’s management.
That gap is precisely what created the air pocket the stock has fallen into. It's also precisely what the Investor Day can fix.
Why June 24 Could Change EverythingJPMorgan analyst Samik Chatterjee added a positive catalyst watch on the stock this week ahead of the event. The expectation is that Qualcomm will use the day to formally outline its data center strategy, built across three pillars spanning custom silicon, merchant CPUs, and AI accelerators.
More importantly, Chatterjee expects management to set hard revenue targets against those ambitions, stretching from the next fiscal year through the early 2030s. Alongside continued robust growth in automotive and an inflection in its Internet of Things (IoT) business, projections are expected to show that non-handset markets will contribute the vast majority of revenue by the end of the decade, with data centers alone becoming a major pillar.
That's the diversification story investors have been waiting for Qualcomm to tell convincingly for years. The company has long been viewed and valued as a smartphone chip supplier that’s basically held hostage to handset cycles. A credible, numbers-backed roadmap showing it transforming into a diversified data center and AI player would change the entire conversation about how much the stock deserves to be multiplied.
The JPMorgan Update Worth Reading TwiceHere's where it gets really interesting. Alongside the catalyst watch, Chatterjee raised his price target on Qualcomm from $160 to $265, an increase of more than 60% in one move, while keeping a Neutral rating, suggesting lingering caution. Despite the rating, a price target jump of that magnitude is rare, especially given that it would push the stock even higher than the record levels it briefly touched last month.
To be specific, from recent prices around $212, the $265 target implies about 25% upside. When an analyst who isn't even officially bullish on a stock sees that much room above the current price, it tells you something about how overdone the recent selling may have been.
Weighing Up the OpportunityStill, none of this eliminates the risk that the Investor Day will disappoint. Qualcomm needs to deliver targets ambitious enough to justify the AI-era rerating the bulls want, while remaining credible enough for the market to believe them. Any miss on either side of that balance, and a stock this volatile could easily take another leg lower, particularly if the broader semi selloff continues in the background.
However, for investors who believe in the emerging diversification story, the setup is hard to ignore. The stock is much cheaper than it was a week ago, the fundamentals haven't changed, and a major catalyst is now less than two weeks away. While the recent price action is telling investors to stay away, the calendar is saying this might actually be the time to start paying attention.
Should You Invest $1,000 in Qualcomm Right Now?Before you consider Qualcomm, you'll want to hear this.
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The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Adobe (NASDAQ:ADBE | ADBE Price Prediction) just delivered a record quarter, raised its full-year outlook, and watched its stock fall anyway. That gap between fundamentals and price action frames our thesis.
The stock trades at $218.80 after a 15.33% one-week drop and a 37.48% year-to-date decline. Our 24/7 Wall St. price target for Adobe is $320.46, implying 46.46% upside over the next 12 months. Our model rates Adobe buy with 90% confidence.
24/7 Wall St. Price Target Summary Metric Value Current Price $218.80 24/7 Wall St. Price Target $320.46 Upside 46.46% Recommendation BUY Confidence Level 90% A Record Quarter Met With a Selloff Adobe reported Q2 FY2026 on June 11, 2026, with record revenue of $6.62 billion, up 13% year over year, and non-GAAP EPS of $5.96, the fifth consecutive beat. AI-first ARR tripled year over year and exceeded $500 million, while total Adobe ARR hit $27.10 billion.
Management raised the full-year FY2026 revenue range to $26.50 billion to $26.60 billion and non-GAAP EPS to $24.35 to $24.45.
The stock still fell 6.25% on June 11. The market focused on the abrupt departure of CFO Dan Durn, announced just months after CEO Shantanu Narayen disclosed his own transition. Add a sector-wide software selloff (Autodesk dropped 5.4% the same day) and you get a stock 19% below its 52-week high of $405.00.
The Case for $368 and Higher Our bull scenario points to $368.55, a 68.44% return. The driver is AI monetization. CEO Shantanu Narayen said, “Adobe delivered record revenue of $6.62 billion in Q2 reflecting strong AI-driven demand across our customer groups and we are raising our full-year fiscal 2026 revenue and non-GAAP EPS targets on the strength of that performance.”
The Business Professionals & Consumers segment accelerated 16% YoY, Semrush is contributing roughly $480 million in ARR, and operating cash flow hit $2.17 billion in the quarter. Investor Michael Burry has argued the market is underpricing Adobe, citing AI asset potential. Of 39 analysts, 15 rate Adobe a Buy or Strong Buy, with a consensus target of $329.33.
What Could Go Wrong Our bear scenario still lands at $284.53, a 30% return, but the risks deserve respect. CFO Dan Durn exits June 15, 2026, stacking a finance transition onto a CEO transition. Generative AI competitors are pressuring pricing power, and GAAP EPS of $4.25 absorbed a $70 million goodwill impairment on the Publishing & Advertising unit plus a $30 million litigation accrual.
Bulls would counter that both charges are non-cash or non-recurring and that Adobe repurchased 8.5 million shares for $2.111 billion in Q2 alone. Insider activity skews net selling, a yellow flag worth monitoring.
Adobe Price Prediction 2026-2030 The 24/7 Wall St. price target of $320.46 reflects a buy with 90% confidence. Adobe trades at a forward multiple of 10x with a PEG ratio of 0.675, valuations more typical of a no-growth utility than a software franchise growing subscriptions 14% YoY.
The thesis strengthens if the interim CFO communicates continuity at the next earnings call. It weakens if AI-first ARR growth meaningfully decelerates from its current tripling pace. The valuation does the heavy lifting in our thesis.
Year 24/7 Wall St. Price Target 2026 $320.46 2027 $395.00 2028 $472.00 2029 $548.00 2030 $627.81 These projections assume Adobe continues converting its AI investments into paid ARR at the current trajectory and that subscription growth holds near the 10.2% ARR growth management has guided. Significant upside could come from Semrush integration accelerating Digital Experience growth, while downside risk centers on competitive AI disruption.
Adobe's ARR included $480 million from the recent Semrush acquisition. Once you adjust for the acquisition, the organic ARR growth was 10.5%, which implies ten consecutive quarters of deceleration in revenue growth. What also doesn't inspire a lot of confidence is when you notice opex growth of ~17% surpassing revenue growth of ~13% last quarter. Perhaps the more pressing concern was that management maintained its FY'26 Total ARR growth target of 10.2%, but only by folding in the ~$480 million of ARR that came with Semrush, which closed in April.
SummaryIBM (NYSE:IBM) is positioned as a leading beneficiary of the US government's $2B quantum computing initiative, receiving half the total grant. The $1B cash-for-equity proposal from the US government is seen as a bullish catalyst, setting a valuation floor and elevating IBM’s quantum leadership profile. IBM’s near-term growth is anchored by its Red Hat OpenShift platform, Data platform, and hybrid quantum-AI strategy, with management guiding for at least 5% top-line growth. Valuations below 21-22x forward earnings are attractive, with potential for exit multiples above 27-28x if IBM executes across Software, Consulting, AI, and Quantum. Just_Super/iStock via Getty Images
Investment Thesis This year has been unique for International Business Machines Corp. (NYSE:IBM).
IBM was able to rapidly position itself as an early beneficiary of the AI wave that started in late 2022. IBM quickly rallied
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Key Takeaways Newmont shares are down 8.7% in a month, underperforming the industry and the S&P 500.NEM is expanding production with projects like Cadia Panel Caves and Tanami Expansion 2.Higher costs and lower 2026 production may weigh on Newmont's profitability. Newmont Corporation's (NEM - Free Report) shares have lost 8.7% in the past month, partly reflecting the recent retreat in gold prices on inflation worries stemming from heightened tensions in the Middle East.
NEM stock has underperformed the Zacks Mining – Gold industry’s 7.8% fall and the S&P 500’s 0.7% decline. Among its gold mining peers, Barrick Mining Corporation (B - Free Report) , Agnico Eagle Mines Limited (AEM - Free Report) and Kinross Gold Corporation (KGC - Free Report) have lost 1%, 9.2% and 10.3%, respectively.
NEM’s One-month Price Performance Image Source: Zacks Investment Research
The NEM stock slipped below its 200-day simple moving average (SMA) on June 5, 2026. It is also currently trading below its 50-day SMA. The 50-day SMA is reading higher than the 200-day SMA, following a golden crossover on April 16, 2025, indicating a bullish trend.
NEM Stock Trades Below 50-Day SMA Image Source: Zacks Investment Research
Given the pullback in Newmont’s shares, investors might be tempted to snap up the stock. But is this the right time to buy NEM? Let’s find out.
Key Projects & Asset Streamlining to Aid NEM’s GrowthNewmont continues to invest in growth projects in a calculated manner. The company is pursuing several projects, including the Cadia Panel Caves and Tanami Expansion 2 in Australia. These projects should expand Newmont’s production capacity and extend mine life, driving revenues and profits.
In October 2025, NEM achieved a significant milestone at Ahafo North. It achieved commercial production at the project, which followed the first gold pour in September 2025. Ahafo North is expected to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years. Output is expected to be 315,000 ounces this year, with a ramp-up to full capacity.
Newmont has also divested non-core businesses as it shifts its strategic focus to Tier 1 assets. The company generated $3.6 billion from its portfolio optimization actions in 2025. These funds will support Newmont’s capital allocation strategy, which focuses on reinforcing its balance sheet and delivering returns to its shareholders.
Robust Financial Health Supports NEM’s Capital AllocationNewmont has a strong liquidity position and generates substantial cash flows, which allow it to fund its growth projects, meet short-term debt obligations and drive shareholder value. At the end of the first quarter of 2026, Newmont had robust liquidity of roughly $12.8 billion, including cash and cash equivalents of around $8.8 billion. Its free cash flow surged 161% year over year to a record $3.1 billion in the first quarter, led by an increase in net cash from operating activities. Net cash from operating activities amounted to $3.8 billion in the first quarter, up from $2 billion in the year-ago quarter.
NEM has distributed $3.4 billion to its shareholders through dividends and share repurchases in 2025. It has returned $2.7 billion to its shareholders since Feb. 19, 2026. Newmont has executed repurchases of $6 billion under the earlier authorized share purchase programs, including $2.4 billion since the fourth-quarter 2025 earnings call. Its board has approved an additional $6 billion repurchase program. NEM offers a dividend yield of 1% at the current stock price. Its payout ratio is 12%.
Newmont also remains committed to deleveraging, reducing debt by roughly $3.4 billion in 2025. It reduced debt by an additional $42 million in the first quarter, resulting in a strong net cash position of $3.2 billion.
Favorable Gold Prices Bode Well for NEM StockNewmont stands to benefit from elevated gold prices, which should drive its profitability and cash flow generation. While gold prices have retreated sharply from their January 2026 peak, they continue to remain at supportive levels.
Heightened geopolitical tensions, a weaker U.S. dollar, tariff-related concerns and concerns surrounding the Federal Reserve’s independence had driven bullion to a record high of nearly $5,600 per ounce in late January. Since then, gold has pulled back sharply due to inflation concerns triggered by a surge in crude oil prices amid persistent Middle East tensions, with prices falling to $4,500 per ounce around the end of May.
Bullion continued to retreat this month amid heightened tensions in the Middle East, inflation worries and prospects of an interest rate hike, with prices slipping below $4,100 per ounce last week. Prices hit a seven-month low as fresh U.S. strikes on Iran fueled a rally in oil prices, stoking inflation concerns. Gold has recovered to above $4,300 per ounce lately, following the announcement of a U.S.-Iran peace deal, leading to a decline in oil prices.
Weaker Production, Higher Costs Cloud NEM’s ProspectsNEM saw lower gold production for the first quarter of 2026, partly linked to its strategic divestment of non-core assets. NEM reported a roughly 16% year-over-year and 10% sequential decline in attributable gold production to 1.3 million ounces. Newmont expects second-quarter 2026 production to be below the first-quarter level.
The company anticipates gold production at about 5.26 million ounces for 2026, indicating a year-over-year decline from 5.89 million ounces in 2025. NEM expects lower production from Penasquito and Cadia in 2026 due to the site transitions. It also sees lower-than-expected production from Nevada Gold Mines and Pueblo Viejo. These will be partly offset by contributions from the newly commissioned Ahafo North mine.
Lower production is expected to lead to higher unit costs in 2026. NEM expects all-in-sustaining costs (AISC) — a critical cost metric for miners — to be $1,680 per ounce on a by-product basis, a notable increase from $1,358 per ounce in 2025. The expected increase is due to lower sales volumes as a result of planned mine sequencing, higher royalties and production taxes, deferral of sustaining capital from 2025 into 2026 and inventory changes. Newmont also sees a significant sequential increase in unit costs in the second quarter, partly due to increased sustaining capital spending, higher costs associated with sales at Boddington, Tanami, Lihir and Penasquito and increased oil prices. The production decline and higher costs could undercut the profitability goals.
NEM’s Earnings Estimates NorthboundNewmont’s earnings estimates for 2026 have been going up over the past 60 days. The Zacks Consensus Estimate for second-quarter 2026 has also been revised higher over the same time frame.
The Zacks Consensus Estimate for 2026 earnings is currently pegged at $9.91, suggesting year-over-year growth of 43.8%. Earnings are expected to grow roughly 57.3% in the second quarter.
Image Source: Zacks Investment Research
A Look at Newmont Stock’s ValuationNewmont is currently trading at a forward price/earnings of 9.73X, roughly in line with the industry’s average of 9.7X. NEM is trading at a discount to Barrick and Agnico Eagle and at a premium to Kinross Gold. Newmont and Barrick currently have a Value Score of B each. Kinross Gold and Agnico Eagle have a Value Score of A and C, respectively.
NEM’s P/E F12M Vs. Industry, B, AEM and KGC Image Source: Zacks Investment Research
Final Thoughts: Hold Onto NEM SharesNewmont remains well-positioned for growth, supported by the solid performance of its operations and a strong pipeline of projects that are expected to increase production capacity, extend mine life and support higher revenues and earnings. The company’s asset optimization, which focuses on directing capital toward high-return, long-life operations, further strengthens its long-term outlook.
Other positives include rising earnings estimates and a healthy growth trajectory. Favorable bullion prices should also boost NEM’s profitability and drive cash flow generation. However, lower production stemming from divestitures and lower ore grades, along with elevated costs, could pressure overall performance. Retaining this Zacks Rank #3 (Hold) stock will be prudent for investors who already own it.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Acquisition will bring Fin’s customer agent platform to companies of all sizes, accelerating time-to-value and expanding Salesforce’s ability to deliver autonomous agents across the enterprise
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the global leader in CRM, today announced it has signed a definitive agreement to acquire Fin, formerly Intercom, an industry-leading customer agent company. Under the terms of the agreement, Salesforce will acquire Fin for approximately $3.6 billion, subject to customary purchase price adjustments.
Fin’s core offering, its AI Agent, resolves complex customer queries end-to-end, across every channel, including live chat, email, WhatsApp, SMS, phone, and Slack. The AI Agent is powered by the company’s proprietary AI model, Apex, that is purpose-built for customer support and has demonstrated industry-leading resolution rates that outperform top commercially available frontier models.
"We’re thrilled to welcome Fin to Salesforce as we enable every company to become an agentic enterprise,” said Marc Benioff, Chair and CEO, Salesforce. “Fin brings proven agent technology, a deep commitment to customer success, and an incredible AI team that will complement Agentforce with powerful service agent capabilities. Together, we’ll help companies of every size seize this opportunity — accelerating time to value with trusted agents that deliver measurable outcomes at scale."
"This is a major win for consumers of the world,” said Eoghan McCabe, Chief Executive Officer and Co-Founder of Fin. “Our technology has defined this category and set the new standards for what great customer service looks like today. By joining forces with Salesforce, we can deploy it far and wide at a rate far faster than we could have ever achieved on our own.”
Accelerating Agentic Time-to-Value Across Customer Segments
Building on the strength of Agentforce, which reached $1.2 billion in ARR in Q1 FY27, up 205% year-over-year, Fin’s packaged offerings and proprietary models will complement Agentforce’s deeply customizable platform with additional fast-to-value deployment options for service organizations.
Upon close, Salesforce and Fin will give customers more ways to deploy AI agents across their customer service operations, with fast time-to-value options especially well-suited for SMB and some commercial organizations that need to launch quickly, integrate with existing systems, and deliver measurable outcomes. Together, Salesforce and Fin will support customers at every stage of AI adoption, from rapidly deployable support agents to more tailored, enterprise-scale transformations built on trusted data, security, governance, and integration.
Fin’s AI agent technology will help organizations improve autonomous resolution, reduce cost-to-serve, and accelerate AI adoption across their service organizations. The AI Agent has already demonstrated strong customer outcomes, including examples of AI agents resolving on average 76% of support volume end-to-end. The acquisition will also bring a long-tenured technical AI team and an established global customer base of more than 30,000 companies to Salesforce.
Transaction Details
The transaction is expected to close in the fourth quarter of Salesforce’s fiscal year 2027, subject to the satisfaction of customary closing conditions, including the receipt of required regulatory clearances. Based on the expected timing of closing of the transaction, there is no anticipated change to Salesforce’s fiscal year 2027 financial guidance, previously announced on May 27, 2026. The transaction will not impact Salesforce’s capital return program.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 regarding the proposed acquisition of Fin by Salesforce that involve substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this report include, among other things, statements about the potential benefits of the proposed acquisition and its lack of impact on previously announced guidance and our capital return program, Salesforce’s plans, the financial condition, results of operations and business of Salesforce and the anticipated timing of the closing of the proposed acquisition. Risks and uncertainties include, but are not limited to: the satisfaction of closing conditions; Salesforce’s ability to successfully integrate Fin; and potential disruptions to business relationships resulting from the announcement. Additional information is detailed in Salesforce’s latest filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Salesforce assumes no obligation to, and does not intend to, update these forward-looking statements, except as required by law.
About Salesforce
Salesforce helps organizations of any size become agentic enterprises - integrating humans, agents, apps, and data on a trusted, unified platform to unlock unprecedented growth and innovation. Visit www.salesforce.com for more information.
Signage for Salesforce is displayed at National Retail Federation (NRF) 2026: Retail's Big Show, in New York City, U.S., January 12, 2026. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 15 (Reuters) - Salesforce (CRM.N), opens new tab said on Monday it had signed an agreement to buy autonomous AI agent platform Fin for about $3.6 billion.
The deal strengthens Salesforce's Agentforce platform, as technology firms compete to roll out usage-based autonomous digital workers across enterprises.
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Following completion, Salesforce and Fin will expand options for deploying AI agents in customer service, allowing customers to incorporate them with existing systems, the companies said.
Fin makes an AI customer agent that handles support questions across live chat, email, WhatsApp, SMS, phone and Slack.
The deal is expected to close in the fourth quarter of Salesforce's fiscal year 2027, and no change is expected to the company's forecast and capital return program.
Reporting by Anhata Rooprai in Bengaluru; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Salesforce (CRM) on Monday announced the acquisition of artificial intelligence software maker Fin for $3.6 billion. Salesforce stock, down 37% in 2026 as of Friday's market close, advanced amid a broad market rally.
Salesforce said Fin, formerly Intercom, provides AI agent-based customer support. Its software works over live chat, email, WhatsApp, text messaging, phone, and Slack.
Many software companies are focused on helping companies modernize their proprietary data to build artificial intelligence applications. Salesforce and other software firms are developing autonomous, goal-driven "AI agents" that perform tasks, such as shopping, over the internet.
↑ X NOW PLAYING How The Software Sector Can Make A Comeback In 2026
Customers have been in trials with Salesforce Agentforce products since late 2024.
The enterprise software maker reported first quarter earnings and revenue that beat Wall Street targets as artificial intelligence products gained traction.
The software maker in February announced a $50 billion buyback. In the April quarter, Salesforce repurchased $25 billion of its own stock. Salesforce ended fiscal Q1 with total cash and equivalents of $11.84 billion and net debt at $28 billion.
On the stock market today, Salesforce stock rose a fraction to 167.25 in early trading.
Many software stocks have pulled back in 2026 amid investor worries that artificial intelligence companies like OpenAI and Anthropic will emerge as competitors. There's growing investor angst over generative AI software coding tools and automated AI assistants, and how they might impact traditional software product growth.
Salesforce offers access to business software applications based on a subscription model. Its software helps businesses organize and handle sales operations and customer relationships.
Salesforce Stock Technical Ratings Meanwhile, CRM stock owns a Composite Rating of 49 out of a best-possible 99, according to IBD Stock Checkup. IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Salesforce stock holds an Accumulation/Distribution Rating of C. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity, quantum computing and cloud computing.
Key Takeaways Lenovo's Football AI Pro and 3D tools are helping power analysis, VAR reviews and fan experiences. Alphabet and Salesforce support tactical insights, tournament operations and volunteer management.Visa and NVIDIA provide AI-driven payments, broadcasting, analytics and computing infrastructure. The FIFA (Fédération Internationale de Football Association) World Cup 2026 kicked off on June 11. The undisputedly biggest sporting event in the world will remain the most widely discussed topic till the final match on July 19.
Besides football matches, the event is in the spotlight for its extensive use of artificial intelligence (AI) technologies for the first time. AI will cover various spheres of the tournament to be hosted by three countries, participated by 48 nations, for 104 matches to be played in 16 different stadiums.
The Football AI Pro platform of FIFA and its technology partners, sensor-packed smart match ball, generative AI-based 3D player architecture and AI-driven stabilization software, to name a few, will establish the supremacy of AI technologies throughout the tournament.
At this stage, we recommend five stocks for investors that are likely to benefit from this tournament. The companies are: Lenovo Group Ltd. (LNVGY - Free Report) , Alphabet Inc. (GOOGL - Free Report) , Salesforce Inc. (CRM - Free Report) , Visa Inc. (V - Free Report) and NVIDIA Corp. (NVDA - Free Report) .
The chart below shows the price performance of our five picks in the past month.
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Lenovo Group Ltd.Lenovo is the official technology partner of the 2026 FIFA World Cup. LNVGY’s Football AI Pro platforms deliver cutting-edge AI-powered tactical data analytics tools, which will make the task of 48 teams and their coaches easy in an extensive cross-section analysis of their opponents using real-time data.
LNVGY’s AI-enabled 3D architecture will provide accuracy and transparency with advanced visualization. For the first time in FIFA World Cup, spectators inside stadiums will be able to watch the same footage viewed by referees during Video Assistant Referee (VAR) reviews, for situations like offside decisions.
LNVGY currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Strong Estimate Revisions & Attractive ValuationLenovo has an expected revenue and earnings growth rate of 13% and -7.7%, respectively, for the current year (ending March 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 22.2% over the last 30 days.
Despite a robust rally, the LNVGY stock still looks attractive. It trades at a forward 12-month price-to-earnings (P/E) multiple of 20.86, a price-to-sales (P/S) multiple of 0.43 and a price-to-book (P/B) multiple of 4.52, which are lower than the industry average of 21.20, 1.91 and 9.09, respectively. This discount adds to the appeal for long-term investors.
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Alphabet Inc.Alphabet is providing its Gemini AI platform, and its DeepMind TacticAI tools are reshaping the tactical analysis power of participating nations. GOOGL has partnered with major teams such as Argentina for its Gemini AI. By implementing its AI tool, coaches and officials can quickly understand opponents’ strategy and tactics and evaluate players’ fitness.
DeepMind's TacticAI tools are used by football superpowers like the Brazilian Football Confederation. This system processes vast historical match data, enabling coaches to formulate tactical, set-piece situations, such as corner kicks, direct or indirect free kicks. GOOGL currently carries a Zacks Rank #3 (Hold).
Solid Estimate Revisions & Reasonable ValuationAlphabet has an expected revenue and earnings growth rate of 23.1% and 32.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% over the last 30 days.
GOOGL trades at a forward 12-month P/E multiple of 25.15, which is at a premium to the industry average of 16.27. This premium is warranted due to GOOGL’s dominant position as an AI hyperscaler.
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Salesforce Inc. Salesforce is an official partner of FIFA for the World Cup 2026 tournament. CRM will leverage its Agentforce 360 AI platform and workplace collaboration tool, Slack, to connect tournament operations across 16 host cities and manage thousands of volunteers.
Using CRM’s AI platforms, FIFA officials can seamlessly manage ground staff and operations, ticketing, security, and logistics across 16 different stadiums. CRM currently carries a Zacks Rank #3.
Solid Estimate Revisions & Lucrative ValuationSalesforce has an expected revenue and earnings growth rate of 11% and 12.8%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 7.4% over the last 30 days.
CRM is currently trading in negative territory year to date. It trades at a forward 12-month P/E multiple of 11.75, which is well below the industry average of 18.42. The stock looks lucrative at this valuation.
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Visa Inc.Visa is the official payment technology partner of FIFA for the 2026 World Cup. V’s AI-powered frictionless contactless payments infrastructure optimizes stadium-wide tap-to-enter and concession systems for all 16 stadiums across three host nations.
With fraud cases on the rise and AI adoption increasing, V’s services are in high demand. Visa has embedded AI and generative AI into over 100 products, primarily for fraud prevention and cybersecurity. V’s AI infrastructure enables real-time, gamified rewards and interactive challenges for fans as they travel. Visa currently carries a Zacks Rank #2 (Buy).
Solid Estimate Revisions & Reasonable ValuationVisa has an expected revenue and earnings growth rate of 13.4% and 14.1%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 2% over the last 60 days.
Visa trades at a forward 12-month P/E multiple of 24.62, which is at a premium to the industry average of 9.55. This premium is warranted due to V’s dominant position in today’s AI-powered global financial technology space.
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NVIDIA Corp.NVIDIA — the undisputed global leader of generative AI-powered graphical processing units — is likely to be the backbone of the tournament’s massive computing, broadcasting and analytics infrastructure.
NVDA’s generative AI-based chips will be used for real-time digital broadcasting, 3D architecture and real-time sports analytics. Lenovo said that it has partnered with NVDA to deliver scalable AI-powered solutions for the tournament. NVDA currently carries a Zacks Rank #3.
Impressive Estimate Revisions & Attractive ValuationNVIDIA has an expected revenue and earnings growth rate of 78.5% and 87.8%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 10.1% over the last 30 days.
NVIDIA trades at a forward 12-month P/E multiple of 22.90, which is at a significant discount to the industry average of 66.35. NVIDIA represents a rare opportunity to invest in a company with proven execution and substantial unrealized potential in the AI revolution.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a second quarter 2026 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.2 billion in common stock dividends to its shareholders.
Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
The dividends are payable on July 15, 2026 to stockholders of record at the close of business on June 30, 2026.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Additional information is available at www.innovativeindustrialproperties.com.
This press release contains statements that IIP believes to be “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts are forward-looking statements. When used in this press release, words such as IIP “expects,” “intends,” “plans,” “estimates,” “anticipates,” “believes” or “should” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Forward-looking statements include discussions of the amount, growth, timing and payment of dividends. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company’s annual report on Form 10-K for the year ended December 31, 2025. Investors should not place undue reliance upon forward-looking statements. IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
More News From Innovative Industrial Properties, Inc.
UPCOMING DRILL PROGRAM TO SUPPORT UPDATED NI 43-101 RESOURCE
, /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce that it has completed the acquisition of a 100% interest in the Taylor Silver-Gold Project ("Taylor" or the "Project") located in White Pine County, Nevada, from White Pine Precious Metals Inc. ("White Pine").
Map 1: Location of the Taylor Silver-Gold Project, Nevada The completion of the Taylor acquisition, subject to closing conditions of recording, share issuance and other minor issues, represents a significant milestone in A2Gold's strategy to build a leading Nevada-focused precious metals exploration and development company. Taylor adds a second district-scale project to the Company's portfolio and provides exposure to a large, highly prospective silver-gold system with meaningful antimony, carbonate replacement deposit ("CRD"), skarn and porphyry exploration potential. The Taylor Project comprises approximately 117 km² (45 mi²) of mineral claims in a Tier-1 Nevada mining jurisdiction. The Project is fully permitted and drill-ready, benefits from significant existing infrastructure, and hosts a historical silver resource together with multiple gold, silver and antimony exploration targets across a district-scale mineralized system.
A2Gold has commenced mobilization of a drill rig to Taylor and expects the rig to be on site within the next two weeks. The initial drill program is expected to focus on three principal objectives:
Drilling the Existing Historical Silver ResourceThe Company intends to drill in and around the existing historical silver resource footprint to confirm and expand known silver mineralization and to support preparation of an updated NI 43-101 mineral resource estimate. Evaluating Gold MineralizationTaylor hosts significant oxide gold exploration potential across a large district-scale corridor. Gold was not included in the historical 2018 silver resource estimate, and A2Gold believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system. Testing Priority Gold-Antimony TargetsThe Company also intends to test priority gold-antimony targets identified through historical work, surface sampling, geological mapping and modern geophysical surveys. These targets are considered important to evaluating Taylor's potential as a precious metals project with meaningful critical mineral upside. Together with the Company's recently completed acquisition of 26 strategically located internal lode mining claims within the Taylor District, A2Gold now controls a consolidated district-scale land package at Taylor under a single operator. This consolidation provides the Company with enhanced flexibility to systematically explore, expand and advance Taylor as a unified project.
Peter Gianulis, CEO of A2Gold, commented: "Closing the Taylor acquisition is an important step in the evolution of A2Gold. Taylor adds a second district-scale Nevada project with a historical silver resource, significant oxide gold potential and an emerging antimony opportunity at a time when critical minerals are becoming increasingly important in the United States. With the White Pine acquisition now closed, and the internal Taylor claims recently consolidated, we are in a much stronger position to advance the district as one unified project. Taylor gives A2Gold scale, optionality and multiple avenues for discovery, and complements our flagship Eastside Project as we continue building one of Nevada's most compelling precious metals exploration platforms."
Taylor Project Highlights
District-Scale Land Package
Taylor comprises approximately 117 km² (45 mi²) of mineral claims located in White Pine County, Nevada. The Project lies within an active exploration and mining region of eastern Nevada and benefits from excellent infrastructure, including water rights, electrical power and substation access, an established road network and patented claims hosting much of the historical silver resource and existing pits.
Historical Silver Resource and Expansion Potential
Taylor hosts a historical mineral resource estimate prepared by SRK Consulting in 2018 outlining approximately 11.0 million ounces of silver in the Measured and Indicated category and 0.6 million ounces of silver in the Inferred category. The estimate was calculated using a silver price assumption of US$17 per ounce and a cutoff grade of 1.6 oz/t silver.
Historical drilling indicates that silver mineralization remains open in multiple directions and has not been systematically tested using modern exploration methods. Silver price sensitivity analysis completed by SRK suggests that, using a US$30 per ounce silver price and a 0.9 oz/t cutoff, the historical Measured, Indicated and Inferred resource could represent more than 20 million ounces of silver in total.
The Company considers the historical estimate to be historical in nature and not current. A Qualified Person has not completed sufficient work to classify the historical estimate as a current mineral resource, and A2Gold is not treating the historical estimate as current.
Strong Gold Exploration Potential
In addition to the historical silver resource, Taylor hosts significant oxide gold exploration potential across a large portion of the district. Prior exploration has identified a 3 km by 10 km anomalous gold corridor, with surface sampling and historical drilling indicating the potential for near-surface oxide gold mineralization.
Historical results include channel samples returning up to 4.2 g/t gold over 11.0 meters, including 7.1 g/t gold over 3.3 meters, as well as drill intercepts including 1.02 g/t gold over 18.3 meters starting at surface and 0.68 g/t gold over 24.4 meters starting at surface, including 0.85 g/t gold over 12.2 meters.
Gold mineralization was not included in the historical 2018 silver resource estimate. The Company believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system as part of its upcoming exploration and resource-focused drilling programs.
Antimony and Critical Mineral Upside
Taylor also hosts significant antimony mineralization, which represents potential exposure to a critical mineral identified as strategically important by the United States government. Prior work at Taylor has identified multiple styles of antimony mineralization, including tetrahedrite-rich mineralization associated with CRD systems proximal to the Taylor resource and stibnite-stibiconite mineralization occurring distally and commonly associated with gold mineralization.
The district hosts two historical antimony-producing mines, including the Enterprise Mine and the Merrimac Mine. Historical records indicate exceptionally high-grade antimony production and mineralization at Taylor, further supporting the interpretation of a large, district-scale mineralized system with precious metals and critical mineral potential.
Robust Modern Data Sets and Drill-Ready Targets
Over the past several years, White Pine completed extensive technical work across the Taylor District, including gravity, magnetic, CSAMT, induced polarization and hyperspectral surveys. These data sets have improved the understanding of the structural architecture of the district and generated numerous high-priority exploration targets.
A2Gold intends to use this work to advance a systematic exploration program focused on expanding the historical silver resource, testing priority oxide gold targets, evaluating antimony-bearing systems and advancing CRD, skarn and porphyry concepts across the district.
Strategic Complement to Eastside
The Taylor acquisition significantly strengthens A2Gold's Nevada portfolio by adding a second large-scale project with silver, gold and critical mineral exposure. While Eastside remains the Company's flagship district-scale gold-silver project, Taylor introduces a complementary geological setting with a historical silver resource, shallow oxide gold and antimony targets and deeper CRD, skarn and porphyry exploration potential.
With Eastside and Taylor, A2Gold now controls multiple district-scale exploration opportunities in Nevada, one of the world's premier mining jurisdictions.
Transaction Summary
A2Gold completed the acquisition of a 100% interest in the Taylor Project from White Pine through the execution of an asset purchase structure which was executed on June 15, 2026 (the "Transaction"). The closing of the Transaction will include customary closing and post-closing matters.
As consideration for the acquisition, A2Gold issued 8,662,881 common shares of the Company to White Pine, and will also make deferred cash payments totaling US$1,000,000, consisting of US$250,000 at closing and US$250,000 every three months thereafter. The deferred cash payments are non-interest bearing and may be prepaid at any time without penalty.
White Pine will retain a 2.0% net smelter return royalty on claims without existing royalties. A2Gold may repurchase 1.0% of the NSR for US$2,000,000 within four years or US$3,000,000 within six years. White Pine will retain up to a 1.0% NSR on claims with existing royalties, provided the aggregate royalty burden does not exceed 3.0% NSR.
The common shares issued to White Pine are subject to voluntary escrow release provisions in addition to a statutory hold period of four months and one day from the date of issuance.
About A2Gold Corp
A2Gold Corp. has built a multi-asset gold-silver exploration platform in Nevada, one of the world's premier mining jurisdictions. The Company controls approximately 230 km² of prospective mineral tenure across its Eastside and Taylor projects, both district-scale assets with large precious metals resources with significant exploration and resource growth potential.
Eastside hosts an inferred mineral resource of 1.4 million ounces of gold and 8.8 million ounces of silver, while Taylor adds a highly prospective exploration district with gold, silver, antimony and porphyry-skarn upside. Backed by a fully funded exploration program and a strong pipeline of catalysts, A2Gold is focused on unlocking value through resource expansion, new discoveries and systematic district-scale exploration.
On Behalf of the Board
Peter Gianulis, CEO
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under A2Gold's profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
Canada's largest mental health teaching hospital unifies clinical and administrative systems with AI-powered applications suite to improve visibility, efficiency, and decision-making
, /PRNewswire/ -- The Centre for Addiction and Mental Health (CAMH), a global leader in mental health research and care, is leveraging Oracle Fusion Cloud Applications to help it drive change through research, clinical care, education, and advocacy. Building on its existing use of Oracle Health Electronic Health Record (EHR), CAMH is extending its Oracle footprint across finance, HR, supply chain, and customer experience to optimize business processes and support enterprise-wide operations.
CAMH is Canada's largest mental health teaching hospital and one of the world's leading research centers in its field. It has a dedicated staff of more than 5,000 physicians, clinicians, researchers, educators and support staff, and offers outstanding clinical care to more than 38,000 patients each year. To increase efficiency and visibility across its operations, CAMH needed to reduce fragmentation between its clinical and administrative systems. After a thorough review, CAMH selected Oracle Fusion Applications to standardize processes, improve operational consistency, drive AI-driven processes across workflows, and connect clinical and business functions.
"As demand for mental health services continues to grow, we needed to increase visibility across our organization," said Noelle Coombe, vice president, Digital Health & Chief Information Officer (CIO), CAMH. "By leveraging Oracle Fusion Applications and its embedded AI capabilities, we are creating a more connected environment across clinical and enterprise functions in line with our strategic plan, Connected CAMH. This will help us simplify operations, automate routine tasks, improve insights, and better support our patients, staff, and community."
CAMH is leveraging the full Oracle Fusion Applications suite including Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), Oracle Fusion Cloud Human Capital Management (HCM), Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), and Oracle Fusion Cloud Customer Experience (CX). Together, these AI-powered enterprise applications will help CAMH standardize processes, reduce manual work, gain deeper insights across clinical and enterprise operations, and establish a scalable foundation for ongoing innovation.
With Oracle Cloud ERP and Oracle Cloud EPM, CAMH can increase productivity, strengthen controls, and make more informed decisions by enhancing financial management, planning, and reporting. Oracle Cloud HCM will help enable CAMH to centralize HR processes, improve the employee experience, optimize workforce scheduling, and generate better workforce insights, while Oracle Cloud SCM will allow CAMH to connect supply chain processes, improve resilience, and reduce operational costs. Finally, Oracle Cloud CX will help CAMH strengthen relationships and improve experiences for patients and caregivers by enabling its teams to deliver more connected, personalized engagement across marketing, sales, and service.
"Healthcare organizations need to connect clinical and business operations to improve efficiency and support better outcomes," said Erin O'Halloran, vice president and market leader, Oracle Health Canada. "With Oracle Fusion Applications, CAMH is taking an important step toward unifying its technology environment and will be able to take advantage of the latest AI advancements to reduce complexity, increase visibility, and enable more informed decision-making across its operations."
To learn more about Oracle Fusion Applications, visit www.oracle.com/applications.
About CAMH
The Centre for Addiction and Mental Health (CAMH) is Canada's largest mental health teaching hospital and a leading research center dedicated to transforming lives and advancing mental health care.
About Oracle Fusion Cloud Applications
Oracle Fusion Cloud Applications provide an integrated suite of AI-powered cloud applications that enable organizations to execute faster, make smarter decisions, and lower costs. Oracle Fusion Applications include:
Oracle Fusion Cloud Enterprise Resource Planning (ERP): Provides a comprehensive suite of AI-powered finance and operations applications that help organizations increase productivity, reduce costs, expand insights, improve decision-making, and enhance controls. Oracle Fusion Cloud Human Capital Management (HCM): Provides a unified AI-powered HR platform that connects people, processes, and data to help organizations automate the employee lifecycle, enhance the employee experience, and drive better business outcomes with a human-agent workforce. Oracle Fusion Cloud Supply Chain & Manufacturing (SCM): Provides a unified AI-powered platform that integrates supply chain and operations processes and helps organizations enhance resilience and quickly adapt to market changes. Oracle Fusion Cloud Customer Experience (CX): Provides a suite of AI-powered applications that help organizations manage marketing, sales, and service processes to win business, build stronger customer relationships, and improve customer experiences. About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
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