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2026-06-13 15:29 1mo ago
2026-06-13 11:15 1mo ago
Incyte Announces New Positive Data at EHA 2026 Showed INCA033989 Achieved Rapid, Robust and Sustained Clinical and Molecular Responses and Was Well Tolerated in Patients with Myelofibrosis and Essential Thrombocythemia
INCY Incyte
FMP Stock News
Original source text
WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) today announced updated clinical data from two Phase 1 studies evaluating the safety, tolerability and efficacy of INCA033989, a first-in-class mutant calreticulin (mutCALR)-targeted monoclonal antibody, in patients with mutCALR-expressing myeloproliferative neoplasms (MPNs). INCA033989 demonstrated rapid, clinically meaningful responses and consistent molecular activity across both myelofibrosis (MF) and essential thrombocythemia (ET), with convergent evidence supporting the potential for disease modification.

“The data presented at EHA 2026 demonstrate clinically meaningful and consistent responses with INCA033989 across both myelofibrosis and essential thrombocythemia,” said Pablo J. Cagnoni, M.D., President of Incyte and Global Head of R&D at Incyte.

Share These findings are being presented in oral and poster presentations at the European Hematology Association (EHA) 2026 Congress in Stockholm, Sweden (Session: Myeloproliferative neoplasms – Clinical, Presentation numbers: S216, PS1983, PF884).

“The data presented at EHA 2026 demonstrate clinically meaningful and consistent responses with INCA033989 across both myelofibrosis and essential thrombocythemia,” said Pablo J. Cagnoni, M.D., President of Incyte and Global Head of Research and Development. “What distinguishes INCA033989 is its potential to deliver disease control while targeting the biology that drives it. We remain on track to initiate our pivotal ET study by mid-2026 and are actively engaging regulators on a pivotal MF program.”

Results in Patients with Myelofibrosis (MF)

The safety, tolerability, and efficacy of INCA033989 in Type 1 and non-Type 1 patients with MF harboring a CALR mutation is being evaluated in two ongoing Phase 1 studies. Results demonstrate that INCA033989 delivers broad, clinically meaningful improvements across spleen volume, symptom burden and anemia in patients with MF. As a monotherapy and in combination with ruxolitinib, INCA033989 had a manageable safety profile and the majority of patients remained on treatment – no dose-limiting toxicities were observed, and a maximum tolerated dose was not reached.

Monotherapy: INCA033989 was evaluated as monotherapy in patients who were resistant, refractory or intolerant to JAK inhibitor treatment after >12 weeks (JAK R/R/I), or ineligible to JAK inhibitor therapy. The dose escalation cohort evaluated INCA033989 from 24-3500 mg, and the dose expansion cohort evaluated 250 mg and 2000 mg.

INCA033989 monotherapy demonstrated durable clinical benefit, with clinically meaningful improvements across spleen volume, symptoms and anemia across both JAK R/R/I and JAK ineligible patients.

Spleen Volume Reduction (SVR): Rapid and robust spleen volume reductions were observed in patients, with 55% (38/69) and 39% (27/69) of patients achieving the best SVR25 and SVR35 reduction, respectively. At Week 24, 27% (17/62) patients achieved SVR35, including 47% (8/17) JAK ineligible and 20% (9/45) JAK R/R/I. Robust responses were observed in JAK ineligible patients regardless of mutation type (60% [6/10] Type-1 vs. 29% [2/7] non-Type 1). In JAK R/R/I patients, clinically meaningful reductions were observed in 31% (8/26) of Type-1 patients across all evaluated doses at Week 24, and 33% (1/3) of non-Type-1 patients evaluated at 2500 mg, the highest evaluated dose. Symptom Improvement: Improvements in symptoms were also observed in the majority of patients, with 53% of patients achieving at least a 50% best TSS reduction (TSS50). At Week 24, 32% of patients achieved TSS50, including 29% and 33% of JAK ineligible and JAK R/R/I patients, respectively. Anemia: Rapid and durable anemia improvements were observed in most patients, with anemia response occurring in 60% of evaluable anemic patients, and 52% of patients achieved a major anemia response. Improvements in anemia were observed across patients regardless of prior JAK exposure, including 63% of JAK R/R/I patients and 55% of JAK ineligible patients. Molecular: Consistent reductions in variant allele frequency (VAF) were observed across most patients, regardless of prior JAK exposure and mutation type, with 89% of patients achieving a reduction in whole blood mutCALR VAF (Type 1: 90%, Non-Type 1: 88%), and 81% of patients achieving a ≥25% reduction in mutCALR peripheral blood mononuclear cells (PBMC) from baseline (Type 1: 62%, Non-Type 1: 38%). INCA033989 was generally well-tolerated, with 84% (70/83) of patients remaining on therapy at the time of the data cut off. Treatment emergent adverse events (TEAEs) occurred in 92% (76) of patients, with 27% (22) of patients experiencing Grade ≥3 TEAEs, the most frequent of which were cytopenias. No dose-limiting toxicities were observed, and discontinuations due to TEAEs were limited (n=2).

Combination therapy: INCA033989 (dose range: 70 to 2,500 mg) was evaluated in combination with ruxolitinib in patients with MF who experience a suboptimal response to ruxolitinib monotherapy. INCA033989 demonstrated additive, multi-domain clinical activity in patients when administered in combination with ruxolitinib.

SVR: At Week 24, 55% (11/20) and 30% (6/20) of patients achieved SVR25 and SVR35, respectively. Symptom Improvement: 31% (5/16) of patients achieved TSS50 at Week 24. Anemia: Anemia response occurred in 35% (6/17) of evaluable anemic patients. INCA033989 in combination with ruxolitinib was generally well-tolerated, with 76% (16) of patients remaining on treatment at the time of the data cut off. In the combination arm (n=21), all patients experienced TEAEs. Grade ≥3 TEAEs were reported in 67% (14) of patients, most commonly anemia (33%).

Translational data

Clinical response occurred regardless of mutational complexity with SVR, anemia and molecular responses observed in patients with and without high molecular risk (HMR) mutations. 93% of patients with HMR had a reduction in whole blood mutCALR VAF, as did 88% of those without HMR mutations. A reduction in mutCALR-positive hematopoietic stem and progenitor cells (HSPCs) was also seen, indicating activity at the level of disease-initiating cells. "Patients with CALR-mutated MF have distinct disease biology and often respond poorly to available therapies, underscoring the need for treatments targeting the underlying driver of disease," said Claire Harrison, M.D., Professor of MPNs and Deputy Chief Medical Officer, Guy’s and St. Thomas’ NHS Foundation Trust. "What stands out in these data is that INCA033989 produced rapid and robust spleen, symptom and anemia responses, alongside reductions in mutCALR allele burden regardless of HMR mutations, pointing to activity at the level of the disease-initiating clone."

Results in Patients with Essential Thrombocythemia

In patients with ET, INCA033989 demonstrated rapid, deep and durable hematologic and molecular responses across both Type 1 and non-Type 1 CALR patients, supporting potential for disease modification in a population resistant or intolerant to prior cytoreductive therapy.

Hematologic Response:

Across doses, 70% (80/114) of patients achieved a complete hematologic response (CHR, platelet count ≤400 × 109/L and leukocytes <10 × 109/L) and 87% achieved complete or partial hematologic response (CHR/PHR, platelet count ≤600 × 109/L and leukocytes <10 × 109/L). 81% of patients with Type 1 mutCALR achieved a durable (>12 weeks) CHR at 750 mg and above; and 50% of patients with non–Type 1 mutCALR achieved a durable CHR/PHR at 2500 mg. The median time to onset of durable CHR was 2.1 weeks. Molecular Response and Disease Biology:

≥25% reduction in mutCALR VAF correlated with durable CHR (nominal P<0.0001, n=103). Of the patients who achieved a CHR and had ≥1 post-baseline VAF assessment, 73% achieved ≥25% reduction in VAF. Durable molecular response was observed in both Type 1 and non–Type 1 mutCALR. A reduction in mutCALR megakaryocytes was seen in both Type 1 and non-Type 1 patients treated with INCA033989 INCA033989 was well tolerated with 95% of patients remaining on treatment. The median duration of INCA033989 exposure was 8.1 months (range from 0.59 to 27.0 months). A low incidence of Grade ≥3 adverse events was observed (19%); the most common were neutropenia (4.4%) and lipase increase (3.5%). Grade ≥3 cytopenia TEAEs occurred in 6% (7/114) of patients; no Grade ≥3 thrombocytopenia TEAEs were observed.

“In patients with ET who were resistant to or intolerant of prior cytoreductive therapy, INCA033989 resulted in rapid and durable normalization of platelet counts with accompanying molecular responses, with the majority of patients achieving a CHR," said John Mascarenhas, M.D., Professor of Medicine at the Icahn School of Medicine at Mt. Sinai and Director, Center of Excellence for Blood Cancers and Myeloid Disorders, The Tisch Cancer Institute. "As there are currently no mutation-specific treatments available for patients with ET, this approach is critically important for this high-risk patient population. These results provide a strong foundation for advancing INCA033989 into a registrational Phase 3 study."

In November of 2025, INCA033989 was granted Breakthrough Therapy designation by the U.S. Food and Drug Administration (FDA) for the treatment of patients with ET harboring a Type 1 CALR mutation who are resistant or intolerant to at least one cytoreductive therapy. A Phase 3 study of INCA033989 in mutCALR positive patients with ET who are resistant or intolerant to at least one prior cytoreductive therapy (EXCALIBUR-ET2, NCT07623200) is being initiated in mid-2026.

More information regarding the EHA 2026 Congress can be found on the EHA website: https://ehaweb.org/connect-network/eha2026-congress.

About Myeloproliferative Neoplasms (MPNs) and Mutations in Calreticulin (mutCALR)

Calreticulin (CALR) is a protein involved in the regulation of cellular calcium levels and normal protein folding. Somatic, or non-inherited, DNA mutations in the CALR gene (mutCALR) can result in abnormal protein function and lead to the development of myeloproliferative neoplasms (MPNs),1 a closely related group of clonal blood cancers in which the bone marrow functions abnormally, overproducing blood cells.2,3 Among two types of MPNs, essential thrombocythemia (ET) and myelofibrosis (MF), mutCALR drives 25-35% of all cases.4 In MF, it is estimated that 70-83% of CALR mutations in the U.S. are identified as Type 1, with 15-30% identified as non-Type 1.4,5 There are currently no targeted therapies for CALR mutations.

Incyte is at the forefront of developing novel therapies for patients with mutCALR ET or MF that target only malignant cells, sparing normal cells, including INCA033989, a first-in-class, mutCALR-specific therapy. INCA033989 received Breakthrough Therapy designation by the U.S. Food and Drug Administration (FDA) for the treatment of patients with ET harboring a Type 1 CALR mutation who are resistant or intolerant to at least one cytoreductive therapy. A Phase 3 study of INCA033989 in patients with ET with a Type 1 or non-Type 1 CALR mutation who are resistant or intolerant to at least one cytoreductive therapy is being initiated (EXCALIBUR-ET2, NCT07623200).

About the INCA33989-101 & INCA33989-102 Trials

The clinical trial program for INCA033989 includes two multicenter, open-label Phase 1 studies, INCA33989-101 (NCT05936359) and INCA33989-102 (NCT06034002). The studies are evaluating the safety, tolerability and efficacy of INCA033989 in ~455 adult (≥18 years old) patients with mutCALR-expressing myeloproliferative neoplasms (MPNs), including essential thrombocythemia (ET) and myelofibrosis (MF).

The primary endpoint of the studies is measured by the number of participants with dose limiting toxicities (DLTs), treatment-emergent adverse events (TEAEs) and the number of participants with TEAEs leading to dose modification or discontinuation. Secondary endpoints include response rates, mean change of ET total symptom score, percentage of MF patients achieving spleen volume reduction, MF patient anemia response, mean change in disease-related allele burden and various pharmacokinetics measures.

For more information on the studies, please visit: https://clinicaltrials.gov/study/NCT05936359 and https://clinicaltrials.gov/study/NCT06034002.

About Incyte®

Incyte is redefining what’s possible in biopharmaceutical innovation. Through deep scientific expertise and a relentless focus on patients, we have built an established portfolio of first-in-class medicines and an extensive portfolio of next-generation medicines across our key franchises: Hematology, Oncology and Inflammation & Autoimmunity.

To learn more, visit Incyte.com and Investor.Incyte.com. Follow us on social media: LinkedIn, X and Instagram.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding the presentation of data for INCA033989; the potential for disease modification and the potential to benefit patients offered by INCA033989; expectations regarding ongoing and future clinical trials, including the timing of such trials; and Incyte’s aspirations and goals as set forth under the heading “About Incyte.”

Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including the sufficiency of clinical trial data to meet applicable regulatory standards or warrant continued development; the ability to enroll sufficient numbers of subjects in clinical trials and the ability to enroll subjects in accordance with planned schedules; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials and marketing approval; the efficacy or safety of Incyte’s products; Incyte’s ability to achieve commercial success for its products, once approved; Incyte’s ability to obtain and maintain protection of intellectual property for its products and technology; Incyte’s reliance on third parties and partners; the acceptance of Incyte’s products in the marketplace; market competition, sales, marketing, manufacturing and distribution requirements; greater than expected expenses, including expenses relating to litigation or strategic activities; and those risks and uncertainties discussed in greater detail in Incyte’s reports filed with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2025, and its quarterly report on Form 10-Q for the quarter ended March 31, 2026. Incyte disclaims any intent or obligation to update these forward-looking statements.

1 Raghavan, M., Wijeyesakere S.J., Peters L.R., Del Cid N. (2013) Calreticulin in the immune system: ins and outs. Trends in Immunology, 34(1):13-21. Link to source (https://www.cell.com/trends/immunology/abstract/S1471-4906(12)00131-7?_returnURL=https%3A%2F%2Flinkinghub.elsevier.com%2Fretrieve%2Fpii%2FS1471490612001317%3Fshowall%3Dtrue)
2 Nangalia J. Massie C.E., Baxter E.J., Nice F.L., et al. (2013) Somatic CALR mutations in myeloproliferative neoplasms with nonmutated JAK2. New England Journal of Medicine, 369(25):2391-2405. Link to source (https://www.nejm.org/doi/10.1056/NEJMoa1312542?url_ver=Z39.88-2003&rfr_id=ori:rid:crossref.org&rfr_dat=cr_pub%20%200www.ncbi.nlm.nih.gov)
3 Klampfl T., Gisslinger, H., Harutyunyan A.S., et al. (2013) Somatic mutations of calreticulin in myeloproliferative neoplasms. New England Journal of Medicine, 369(25):2379-2390. Link to source (https://www.nejm.org/doi/10.1056/NEJMoa1311347?url_ver=Z39.88-2003&rfr_id=ori:rid:crossref.org&rfr_dat=cr_pub%20%200www.ncbi.nlm.nih.gov)
4 Salzman G. and Mullally A. (2026) Novel strategies targeting mutant calreticulin in essential thrombocythemia and myelofibrosis. Blood, 147(12):1267-1277. Link to source (https://doi.org/10.1182/blood.2025028642)
5 Guglielmelli, P., Maccari, C., Sordi, B. et al. Phenotypic correlations of CALR mutation variant allele frequency in patients with myelofibrosis. Blood Cancer J. 13, 21 (2023). Link to source (https://doi.org/10.1038/s41408-023-00786-x)
2026-06-13 15:29 1mo ago
2026-06-13 10:30 1mo ago
NNN REIT: Why I'm Still Buying This 5% Yielding Dividend Aristocrat
NNN National Retail Properties
FMP Stock News
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HomeDividends AnalysisREITs AnalysisReal Estate Analysis

SummaryNNN REIT remains attractively valued at a forward P/FFO of 13.2 and a 5.2% dividend yield, supporting a 'Buy' rating.NNN's high occupancy, necessity-driven tenant base, and robust sale-leaseback pipeline underpin steady growth and income reliability.Strong balance sheet and a conservative 69% payout ratio ensure dividend safety and growth funding.While the valuation has risen, NNN's disciplined capital allocation and mid-single digit FFO/share growth potential offer double-digit total return prospects.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More »Sitewide Sale 2026: Get 20% Off ISerg/iStock via Getty Images

In a market where parabolic moves have become normalized, it pays to be disciplined around valuation and cash flows. This is especially the case for retirees and income investors who rely on steady income and growth over chasing volatility. That’s where discipline matters

23.28K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NNN 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.

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

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-13 15:26 1mo ago
2026-06-13 00:00 1mo ago
Why X Money Could Be Bigger Than PayPal Ever Was
WU Western Union
FMP Stock News
Original source text
Listen to the audio version of this article (generated by AI).

Editor’s note: “Why X Money Could Be Bigger Than PayPal Ever Was” was previously published in May 2026. It has since been updated to include the most relevant information available.

When you think about Elon Musk’s defining business achievements, what comes to mind?

Tesla (TSLA) — the company that pulled off a 20,000% stock run and turned skeptical engineers into reluctant millionaires? SpaceX — the rocket company that went from a laughingstock to a $2-trillion juggernaut and is now the most anticipated IPO in history?

As impressive as those growth stories are, they may not be the endgame… 

Almost entirely outside the focus of mainstream financial media, Elon Musk is executing the most audacious move of his entire career — one he has been plotting for 27 years. It’s a move that targets not a single industry, but the foundation of how money itself flows through the global economy.

He calls it X Money.

Elon Musk’s 27-Year Battle to Reinvent Banking  Back in 1999, Elon Musk — then 28 years old, flush with $22 million from selling his first company — poured nearly everything he had into a single idea: that the entire global financial system could live at a single web address.

Banking. Payments. Investments. Insurance. Loans. All of it. One platform. Instant transactions. No waiting for payments to clear. No middlemen skimming fees at every step.

He called it X.com, and within two months of launch, it had 200,000 users. 

Around the same time, another startup — Peter Thiel’s Confinity — was growing rapidly with its own digital payments product. The two companies were locked in a costly battle for users, burning cash to dominate the emerging online-payments market. In 2000, they merged under the X.com umbrella in an attempt to survive the dot-com crash and consolidate market share. But the merger quickly devolved into an internal civil war over leadership, strategy, and Musk’s vision for the company. 

Then came the coup.

Peter Thiel and his allies called an emergency board meeting while Elon and his new wife were mid-air on a honeymoon flight to Sydney. By the time the plane landed, Musk had been forced out of his own company. His partners hated the name X and changed it to PayPal (PYPL). The dream of a unified financial OS — dead on arrival.

Why Buying Twitter Was Never Really About Social Media  That was 27 years ago.

Elon Musk never forgot — and never stopped wanting to finish what he started.

In 2022, he saw his chance. He bought Twitter for $44 billion. The mainstream media mocked him relentlessly. ‘Classic Musk, overpaying for a failing social media company.’ 

But Musk didn’t buy Twitter because he wanted to own a social media company. He bought Twitter as a distribution layer, with a user base of hundreds of millions of people already using the platform daily.

He renamed it X, partnered with Visa (V) — the financial network that processes more electronic payments than any company in the world — and secured money-transmitter licenses in all 50 states. And he brought X into his broader empire, merging it with the AI firepower of xAI.

Suddenly, everything makes sense. The rebrand. The financial licenses. The Visa deal. The White House executive order directing the Treasury, State Department, HHS, Veterans Affairs, Education, and Homeland Security to modernize electronic payment rails. 

Musk didn’t just build a product. He built the regulatory infrastructure to go with it. In fact, as he’s said: “If done right, X would be half of the global financial system.”

Well, that system is worth $480 trillion. If Musk is right about X Money, it’s more than a startup chasing a billion-dollar market. 

It’s an attempt to transform one of the most deeply embedded systems in the global economy. 

Every Financial Infrastructure Shift Creates New Winners  Every time technology fundamentally changes how money moves, entirely new financial giants emerge alongside it. 

Telegraphs Created Western Union  By the 1850s, telegraph lines were rapidly connecting American cities, allowing information — and eventually money — to move across the country almost instantly. Western Union (WU) quickly realized that the same network transmitting information could also move money — and turned wire transfers into a national business. Western Union was one of the original 11 companies listed on the Dow Transportation Index in 1884. Technology met money. Fortunes were made.

Credit Cards Built Financial Giants  In 1950, Frank McNamara launched the Diners Club card — the world’s first multipurpose charge card. It was designed to allow business travelers to pay at multiple restaurants without carrying cash. The card’s success gave birth to the ‘plastic money’ revolution. American Express (AXP) rode the wave to nearly 10,000% gains. Mastercard (MA) ultimately rose 14,000%. 

The Internet Birthed PayPal  In 1998, PayPal set out to make sending money as easy as sending an email. Within four years, it had 20 million users and went public on Nasdaq. Early investors who got in at the IPO price of $13 saw the stock eventually reach $310 at its peak — a 2,300% gain. Those who bought in the months after the dot-com crash, when the stock briefly traded under $5, did even better.

Now the next chapter is being written. And if history is any guide, the investors who recognize it earliest will be the ones who benefit most.

What X Money Actually Is Most people might hear “X Money” and think it’s just another glorified peer-to-peer payment app, like Venmo or CashApp.

But here’s why that take is fundamentally wrong.

X Money is being built to consolidate payments, banking, investing, and financial identity inside a single platform.  

The physical manifestation of this is a debit card — embedded with a sophisticated microchip — that Musk has already begun mailing to thousands of Americans. That chip contains technology capable of processing encrypted payments, identity verification, and account authentication almost instantaneously. 

But the card is just the consumer-facing layer of this OS. Beneath it sits an integrated financial platform that brings together:

A digital wallet built into an app already used by over 1 billion people worldwide Instant peer-to-peer payments Direct bank account integration Brokerage and investment functionality, allowing users to buy stocks directly inside the app Portfolio management across all financial assets Social Security income, tax payments, paychecks — all managed in one place Yields between 4% and 6% APY — roughly 10x what most Americans earn at traditional banks Musk has been explicit about his ambition here: “If it involves money, it’ll be on our platform. I’m talking about someone’s entire financial life.” 

And lest you think this is science fiction, just look to China. WeChat — which is also called “The Everything App” — launched its banking features in 2013. Within a few years, nearly 1 billion people were using that app to pay for groceries, invest in the market, split restaurant bills, and send money to family. Mobile payments now account for over 80% of all transactions in China. Tencent, WeChat’s parent company, rewarded investors with a 20x return when mobile banking took off.

X Money is the American version of that story. Except Elon Musk has significantly more users, significantly more political tailwind, and significantly more audacity.

The Investment Pattern Investors Keep Missing  This is the pattern investors should be paying closest attention to. 

Elon Musk has a well-documented history of turning early partners and adjacent companies into massive multi-baggers. 

Nvidia (NVDA) was trading at $15 when Jensen Huang personally delivered the first DGX-1 — an “AI supercomputer in a box” — to OpenAI, the then-small startup co-founded by Elon Musk and Sam Altman. That early relationship helped train the models that eventually became ChatGPT — and Nvidia never looked back. It’s now worth nearly $5 trillion and trades at more than $200/share. Early investors made 5,000%-plus. Modine Manufacturing (MOD) partnered with Tesla on battery cooling systems in 2012, when the stock was trading at $5. MOD recently hit an all-time high of $280 — a 5,500% gain. Carpenter Technology (CRS), a 135-year-old metals company, supplied SpaceX with superalloys for Starship. The stock surged 2,000%. In each case, the gains were tied to companies supplying critical infrastructure to a rapidly scaling platform. 

And right now, X Money is creating a new set of partners, suppliers, infrastructure providers, and financial rails that could follow that exact same pattern.

The Bottom Line: X Money Is a Bet on Financial Consolidation  Every major upgrade in the infrastructure of money has created a new class of winners. 

Telegraphs built Western Union. Credit cards built American Express and Mastercard. The internet built PayPal. 

X Money is the next great systematic upgrade. And it is underway right now, as you’re reading these words.

There is a set of stocks that I believe will be the direct beneficiaries of this rollout — companies positioned to provide the financial infrastructure, payment rails, technology integrations, and adjacent services that an endeavor of this scale requires. 

The same way Nvidia rode the AI build-out and Modine rode the Tesla production ramp, there are companies today that will ride the X Money megatrend.

I’ve spent months identifying them, running the same research process I used when I spotted AMD (AMD) before it exploded 13,500%, Palantir (PLTR) before it rose 1,200%, and Shopify (SHOP) before it jumped 1,700%.

I’ve detailed them all in a brand-new special report called How to Make 1,000% From the Bank of Elon.

Here’s everything I know — my complete research, model portfolio, and daily market intelligence — on this very topic.
2026-06-13 15:14 1mo ago
2026-06-13 09:57 1mo ago
AppLovin: The AI Advertising Monster Investors Can't Help But Love
APP Applovin
FMP Stock News
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6.74K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSTR 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.
2026-06-13 15:14 1mo ago
2026-06-13 10:00 1mo ago
Time to Sell? 3 Winners With Fading Technical Momentum
APP Applovin
FMP Stock News
Original source text
Markets move faster than ever these days, and yesterday’s winners can quickly become today’s losers. When prices outpace fundamentals, traders often rely on technical indicators and signals to guide their decisions. Momentum indicators like the Relative Strength Index (RSI) don’t have prophetic powers, but they do give clues about where a stock might be headed and how much strength backs the move. Using a combination of indicators together can provide solid evidence that a downtrend is about to break. Or, in the case of these three stocks, that an uptrend is losing momentum.

The tech sector has been one of the most volatile parts of the market over the past few weeks, with the Nasdaq 100 fluctuating by more than 2% in a single day on multiple occasions. While volatile trading sessions make for fun times for day traders, it can be difficult to gauge the market when indices swing by 2% every day. That’s where technical analysis comes into play. Technical indicators utilize recent price data to generate actionable signals about shifts or continuations in momentum. By applying technical analysis, we can make educated predictions about a stock’s future path based on the intensity of buying or selling activity around it.

Get Fortinet alerts:

Each of the following three stocks fits a specific set of criteria. All three have gained 20% or more over the last 12 months, driven by various fundamental and macro factors. However, these stocks are currently showing technical warning signs that investors should carefully examine.

Fortinet: Overbought Peak With Insider Selling WarningFortinet Today

$146.30 +1.24 (+0.85%)

As of 06/12/2026 04:00 PM Eastern

52-Week Range$70.12▼

$150.07P/E Ratio56.49

Price Target$107.77

Fortinet Inc. NASDAQ: FTNT has been the face of the “software isn’t dead” narrative. The $106 billion cybersecurity firm has seen its stock accelerate more than 80% year-to-date (YTD), including more than 70% in the past three months alone.

The software sector seemed to be in the crosshairs of agentic AI, and funds like the iShares Expanded Tech-Software Sector ETF BATS: IGV lost more than 35% of their value between September and April. However, strong earnings from companies like Fortinet showed that AI can complement software platforms rather than wipe them out. Fortinet smashed expectations in Q1 2026, beating both top and bottom line estimates and posting 20% year-over-year (YOY) revenue growth.

Management also raised full-year guidance and repurchased more than $800 million worth of stock. So why is this stock on a “time to sell” list? Because sometimes the most important technical signals aren’t shown on the charts. Insiders have been selling stock at a faster rate over the last two quarters, including a $23 million sale from CEO Ken Xie.

There has been no significant insider buying in the past year, and insider selling at a technical top is often a warning sign. Widening Bollinger Bands indicate that volatile trading has become the norm for FTNT shares, and the Moving Average Convergence Divergence (MACD) indicator has turned bearish following the strong rally. The company’s long-term fundamentals still look promising, but it might be wise to take some short-term profits now.

Amprius: Technical Breakdown Amid Negative CatalystsAmprius Technologies Today

AMPX

Amprius Technologies

$16.30 -0.80 (-4.67%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$3.43▼

$24.23Price Target$21.67

Amprius Technologies Inc. NYSE: AMPX lacks the strong fundamental foundation that Fortinet has, which means its downturn could be much sharper.

The lithium-ion battery producer is beating revenue estimates, and its stock is still up more than 100% YTD, but the rally is faltering amid concerns about the quality of its revenue. A recent report by a short-seller claims that the company inflates its orders and engages in undisclosed transactions with a related party affiliated with Amprius’s CEO.

The company also reported a larger-than-expected loss in its Q1 2026 earnings report on May 6, and insiders have sold $83 million worth of shares over the last three quarters, without a single buy.

AMPX might be heading for the dreaded double top pattern, and other signals suggest that the fun is over. Both the RSI and MACD have been trending down since the middle of March, and now the former has spent most of the last six weeks in bearish territory. AMPX isn’t profitable yet, and short sellers are openly questioning its revenue streams, so it would be wise to avoid this stock or take profits while you can.

AppLovin: Death Cross Overshadows Fundamental StrengthAppLovin Today

$496.77 +18.20 (+3.80%)

As of 06/12/2026 04:00 PM Eastern

52-Week Range$320.00▼

$745.61P/E Ratio42.68

Price Target$669.62

AppLovin Corp. NASDAQ: APP is already down more than 25% YTD, even though it grew revenue by more than 56% in Q1 2026, and remains well-regarded by analysts. But despite a strong fundamental picture, the stock is in the throes of a bear market that’s proving difficult to shake.

It may seem counterintuitive, but APP shares probably won’t reflect the company’s strength until the technical setup improves.

An early-March Death Cross indicated the stock has a long way to go before regaining buying momentum.

The Death Cross sent the stock plunging under the 50-day and 200-day moving averages, where it stayed until late May.

APP shares tried to break out at the end of May, but sellers quickly pushed the share price back below the 200-day moving average, and now it's once again testing the 50-day moving average. With the RSI also below 50, APP shares can remain on your watchlist until they make a significant move above the 50-day moving average.

Should You Invest $1,000 in Fortinet Right Now?Before you consider Fortinet, 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 Fortinet wasn't on the list.

While Fortinet currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.

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2026-06-13 15:10 1mo ago
2026-06-13 08:00 1mo ago
Viking, Bloom Energy Lead Five Stocks Making Bullish Moves As Market Rebounds
BE Bloom Energy
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Stock Market Climbs As U.S.-Iran Peace Hopes Rise; First Warsh-Led Fed Meeting Looms

Bounce Continues But Magnificent 7 Sit Out; Comfort Systems, Intel, Nebius In Focus Five companies spanning the gamut of the stock market showed bullish signs this week. In a week dominated by Elon Musk's SpaceX (SPCX) IPO, with a side order of Iran negotiations, these five stocks have all made strong moves, and investors would do well to keep an eye on them. They include Krystal Biotech (KRYS), which is working on treatments for…

Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
2026-06-13 14:52 1mo ago
2026-06-13 08:45 1mo ago
AVAV EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds AeroVironment (AVAV) Investors of Securities Class Action Lawsuit Deadline on July 27, 2026
AVAV AeroVironment
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In AeroVironment To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in AeroVironment between June 25, 2025 and March 10, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

NEW YORK, June 13, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment’s business and financial prospects; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.  

Faruqi & Faruqi, LLP also encourages anyone with information regarding AeroVironment’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the AeroVironment class action, go to www.faruqilaw.com/AVAV or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the AeroVironment Securities Class Action Lawsuit:

What is the AeroVironment securities fraud lawsuit about?

The AeroVironment securities fraud lawsuit is a federal securities class action alleging that AeroVironment, Inc. (NASDAQ: AVAV) and its executives made false and misleading statements to investors by concealing that the Company faced imminent competition for its SCAR program contracts and overstating its business and financial prospects. As the truth emerged through a series of disclosures — including a U.S. government stop work order on January 20, 2026, a Space Force announcement that it was reopening the SCAR program on March 2, 2026, and AeroVironment's disclosure of a $151.3 million goodwill impairment and contract termination on March 10, 2026 — AVAV's stock price dropped sharply, causing significant losses for investors.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the AeroVironment securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former AeroVironment employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff in the AeroVironment class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any AeroVironment investor who purchased AVAV stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased AeroVironment stock during the Class Period?

Investors who purchased AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the AeroVironment securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/AVAV for more information.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased AeroVironment securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5
2026-06-13 14:49 1mo ago
2026-06-13 08:50 1mo ago
This Energy Stock Has Quietly Soared 130% in a Year
PARR Par Pacific Holdings
FMP Stock News
Original source text
The energy sector is subject to wild and sudden changes. At Par Pacific NYSE: PARR, however, those changes have been coming for a while.

Par Pacific Today

$55.68 +0.30 (+0.53%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$23.75▼

$70.39P/E Ratio6.21

Price Target$70.00

The Houston-based energy company has seen its stock jump 130% over the past 12 months, including a 60% rise this year alone.

A new Hawaii renewable fuels plant just came online that diversifies its refining, storage, and extraction business. The company’s retail sector taps into consumers. And an aggressive buyback strategy is showing long-term confidence and per-share results.

Get Par Pacific alerts:

Analysts generally like the stock. New shareholders, though, should take care to understand just what they’d be buying if they decide to invest.

A Diversified Energy BusinessPar Pacific is not a single-play company. The company owns refining facilities in Hawaii, Wyoming, Washinton, and Montana, with an output of roughly 220,000 barrels a day.

Its energy network includes 13 million barrels of storage, and an assortment of marine, rail, terminal, and pipeline assets. Its 46% stake in Laramie Energy gives it exposure to natural gas production in Western Colorado. Other stakes are in energy production and pipeline companies.

On the retail side, Par Pacific operates more than 120 outlets, including the Hele brand in Hawaii and the “nomnom” convenience store chain in the Pacific Northwest.

The cumulative impact of these businesses can be a challenge to parse. But recent numbers suggest they are integrating well, as Par Pacific just posted its best quarterly earnings in more than a year.

First Quarter Marks a TurnaroundFor the first quarter this year, net income attributable to shareholders came in at $54.5 million, or $1.10 per diluted share. That’s in contrast to a net loss of $30.4 million, or 57 cents per diluted share, in the year-ago period. However, on an adjusted basis, net income attributable to stockholders was $38.5 million, or 78 cents per diluted share, firmly below what analysts expected.

Revenue, though, came in above expectations at $1.824 billion, of which nearly 97% came from its refining segment. Operating income swung from a $15.8 million loss to a $65.3 million gain.

Refining Margins Improve DramaticallyImportantly, the gain for the quarter was not primarily the result of the significant recent runup in oil prices. In fact, the quarterly average of oil was $78.38 per barrel during the three months ended March 31, compared with $74.98 per barrel during the same three months in 2025, the company said.

Instead, the turnaround came mostly from higher margins in the refining segment, which posted an $81 million increase in operating income. An additional $8.5 million boost was from its equity stake in Laramie Energy.

The improvement in refining margins was substantial, as the company said its combined index improved $11.83 per barrel, or 160%, in the first quarter of 2026 compared with a year earlier. For a cyclical business like refining, profit margin per barrel can help smooth out the uncertainty about oil prices, demand, and inflation.

A Push Into Renewable FuelsPar Pacific is also expanding beyond petroleum. While the company has an operating refinery in Hawaii, it also holds a majority stake in a joint venture there that launched a renewable fuels facility in April. Mistubishi and the Japanese energy giant, ENEOS, are partners in the endeavor.

For a mid-sized energy company with a nearly $3 billion market cap, the move is significant as it broadens into a more diversified, energy-transition-aware business model. With one foot in traditional refining and another in the renewable fuels market, the company not only becomes part of a segment that today dominates energy policy discussions, but it could potentially lessen its exposure to the volatility of crude oil prices.

Managing Debt and LiquidityAnother recent move by the company also points to its liquidity management. While liquidity improved slightly during the quarter, Par Pacific also refinanced $500 million in debt, a move that effectively pushes out maturities and gives management additional time to execute its strategy.

Overall leverage, though, remains relatively high, increasing to $947.6 million from $802.9 million at year-end. With current assets of $2.15 billion, the company burned $40.7 million in operating cash during the quarter, and derivative losses totaled more than $70 million.

Although the losses don't automatically signal trouble, they are reminders that the industry requires active management in a commodity-sensitive operation with real quarter-to-quarter volatility.

Confidence in the StockFor its part, the company is signaling confidence. During the quarter, the company bought back $28 million of its own stock. Basic weighted-average shares outstanding fell to 48.4 million, down from 53.8 million a year earlier. The company’s board in February authorized an additional repurchase of up to $250 million in stock.

Wall Street analysts are sending their approval. Even with a dramatic runup already priced into the stock, 12 analysts following the company are projecting an additional 25% price increase over the next 12 months. With an overall Moderate Buy recommendation, the average 12-month target is $70 per share from the current prices in the high $50s. Nine analysts have a Buy recommendation, while three suggest Hold.

A Volatile Investment to ManageThe potential profits are real, yet investing in energy is not for every investor. There are plenty of companies in the downstream energy sector, such as HF Sinclair NYSE: DINO or CVR Energy NYSE: CVI, though neither company’s shares have performed as well as Par Pacific.

Shareholders need to be willing to ride the volatility that comes with owning a mid-cap refiner. Par Pacific’s first-quarter earnings are convincing, the Hawaii renewable fuels facility adds a definite growth angle, and its buyback activity signals confidence.

Par Pacific Holdings, Inc. (PARR) Price Chart for Saturday, June, 13, 2026

Still, the company carries meaningful leverage, its cash generation can be inconsistent, and the business rises and falls on sometimes unpredictable refining margins. This not a stock to buy and forget. It’s perhaps better placed in a portfolio that’s managed as actively as the company itself.

Should You Invest $1,000 in Par Pacific Right Now?Before you consider Par Pacific, 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 Par Pacific wasn't on the list.

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Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

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2026-06-13 14:47 1mo ago
2026-06-13 08:35 1mo ago
CALX EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Calix (CALX) Investors of Securities Class Action Lawsuit Deadline on July 27, 2026
CALX Calix
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Calix To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Calix between January 28, 2026 and April 21, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

NEW YORK, June 13, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Calix, Inc. (“Calix” or the “Company”) (NYSE: CALX) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) that the Company's advanced supply of memory components was dwindling; (3) that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On April 21, 2026, Calix reported results for the first quarter of 2026 earnings, including that "Non-GAAP gross margin was 57.2%, down 80 basis points sequentially." Further, the Company reported "gross margin guidance for the second quarter of 2026 is between 54.25% and 57.25%" and "[f]or the year, we expect our non-GAAP gross margin to decline between 50 and 150 basis points."

In the accompanying earnings call, the Company’s CFO stated "advanced purchasing had allowed us to avoid higher memory component costs during the first quarter. However, that advanced supply has run its course, and we now face market prices."

On this news, Calix's stock price fell $6.93, or 13.98% to close at $42.65 per share on April 22, 2026, on unusually heavy trading volume.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.  

Faruqi & Faruqi, LLP also encourages anyone with information regarding Calix’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Calix class action, go to www.faruqilaw.com/CALX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Calix Securities Class Action Lawsuit:

What is the Calix securities fraud lawsuit about?
The Calix securities fraud lawsuit is a federal securities class action alleging that Calix, Inc. (NYSE: CALX) and its executives made false and misleading statements to investors by concealing that the Company's strong first quarter margins were artificially inflated by advanced purchasing of memory components, that its advanced supply of those components was dwindling, and that it would soon be forced to purchase memory components at rising market prices — creating significant negative margin pressure. As the truth emerged on April 21, 2026, when Calix reported Q1 2026 results and its CFO disclosed that "advanced supply has run its course" and the Company would "now face market prices," CALX's stock price fell $6.93 per share, or 13.98%, causing significant losses for investors.

Who may be eligible to participate in the Calix class action lawsuit?
Investors who purchased or acquired Calix (CALX) stock between January 28, 2026 and April 21, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Calix securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Calix employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Calix lawsuit?
A lead plaintiff in the Calix class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Calix investor who purchased CALX stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Calix stock during the Class Period?
Investors who purchased Calix (CALX) stock between January 28, 2026 and April 21, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Calix securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/CALX for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5
2026-06-13 14:40 1mo ago
2026-06-13 09:24 1mo ago
BMI EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Badger Meter (BMI) Investors of Securities Class Action Lawsuit Deadline on August 3, 2026
BMI Badger Meter
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Badger Meter To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Badger Meter between April 18, 2024 and April 16, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

NEW YORK, June 13, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Badger Meter, Inc. (“Badger Meter” or the “Company”) (NASDAQ: BMI) and reminds investors of the August 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that Badger Meter’s strong financial results reflected “ongoing favorable industry trends,” “secular growth drivers,” and “solid operating execution.” They likewise touted “strong” demand and said they were seeing “robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth,” and that Badger Meter possessed a “long runway” for growth.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.  

Faruqi & Faruqi, LLP also encourages anyone with information regarding Badger Meter’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Badger Meter class action, go to www.faruqilaw.com/BMI or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Badger Meter Securities Class Action Lawsuit:

What is the Badger Meter securities fraud lawsuit about?
The Badger Meter securities fraud lawsuit is a federal securities class action alleging that Badger Meter, Inc. (NASDAQ: BMI) and its executives made false and misleading statements to investors by touting "strong" demand, a "robust" order pipeline, and a "long runway" for growth while concealing that the Company's financial results were not sustainable. As the truth emerged through a series of disclosures — including disappointing Q2 2025 results and a sequential sales decline forecast on July 22, 2025, missed revenue expectations and a 6% sequential decline in utility water sales on January 28, 2026, and Q1 2026 earnings that missed consensus estimates by $0.26 per share with revenue missing by $28.58 million on April 17, 2026 — BMI's stock price dropped sharply, causing significant losses for investors.

Who may be eligible to participate in the Badger Meter class action lawsuit?
Investors who purchased or acquired Badger Meter (BMI) stock between April 18, 2024 and April 16, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Badger Meter securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Badger Meter employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Badger Meter lawsuit?
A lead plaintiff in the Badger Meter class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Badger Meter investor who purchased BMI stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 3, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Badger Meter stock during the Class Period?
Investors who purchased Badger Meter (BMI) stock between April 18, 2024 and April 16, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Badger Meter securities class action is August 3, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/BMI for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5
2026-06-13 14:23 1mo ago
2026-06-13 10:00 1mo ago
Applied Optoelectronics: The Laser Bottleneck Winner
AAOI Applied Opt
FMP Stock News
Original source text
16.68K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AAOI 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.
2026-06-13 14:20 1mo ago
2026-06-13 08:15 1mo ago
AI Bubble Or Not, These Dividend ETFs Benefit From The Capex Waterfall
C3AI C3 Ai
FMP Stock News
Original source text
I see persistent debate over whether AI infrastructure spending is a bubble or a sustainable megatrend, with strong arguments on both sides. My current buy list includes three dividend growth ETFs positioned to benefit from AI trends regardless of bubble risk. I believe inflation remains primarily an oil-driven phenomenon, with the Fed facing unexpected pressure to hike rates rather than cut.
2026-06-13 14:20 1mo ago
2026-06-13 10:00 1mo ago
AI Infrastructure News: How Investors Can Participate in the Cloud GPU Leasing Boom and Generate Passive Income in 2026
C3AI C3 Ai
FMP Stock News
Original source text
London, June 13, 2026 (GLOBE NEWSWIRE) --

The stuff that makes AI work, called AI infrastructure, is one of the fastest-growing parts of the digital economy worldwide. Fortune Business Insights says this market could jump from about $75 billion in 2026 to nearly $500 billion by 2034. This really shows how quickly AI, GPU computing, data centers, and cloud AI systems are expanding.

Meanwhile, data centers worldwide are also getting much busier. JLL's report for 2026 predicts that global data center capacity could hit 200 gigawatts by 2030. They expect this whole area to almost double between 2025 and 2030 because huge cloud services are expanding and more AI needs more power.

All this fast growth is opening up a new way to invest: in AI computing power itself.

Instead of just putting money into AI stocks, tokens, or chip companies, more people are now looking at the actual systems that power AI. This includes things like GPU power, AI data centers, renting cloud GPUs, leasing computing power, and new ways to earn money from digital infrastructure without much effort.

To help people get involved in this growing market, AI GPU Rental has launched its 2026 AI Computing Power Investment Contracts. These offer people worldwide an easy way to join AI infrastructure projects by leasing computing power for short periods. New users who qualify can also get up to $128 in trial credits as part of this offer.

Investing in AI Infrastructure Through Computing Power Contracts

The systems that run AI need a huge amount of computing power. Every AI model, automated system, cloud app, data processing system, and business AI tool needs GPUs to work.

But building your own AI infrastructure is very costly. Buying GPU servers, ensuring enough electricity, handling cooling, maintaining hardware, and running data centers all need a lot of money and technical know-how.

AI GPU Rental offers a simpler way to do this.

Users don't need to buy GPU machines or run data centers. Instead, they can get involved with AI computing power contracts through the platform. Each contract is for a short period of AI computing power, and you'll see how much it costs to start, how long it lasts, and an estimated daily and total return before you commit.

This lets people get into the AI infrastructure investment market through a set contract system instead of owning hardware outright. If you're looking for ways to earn AI passive income, the platform gives you a contract-based way to see how much you might make from renting cloud GPUs and leasing AI computing power.

How Users Can Participate and Earn Passive Income

The process is simple.

Users go to the AI GPU Rental platform, look at the available AI computing power contracts, pick a plan that fits their budget and how long they want to commit, and then activate it.

After activation, the platform puts the chosen amount into the AI computing power leasing project. During the contract, users can check the estimated daily earnings shown on the platform. At the end of the contract, users get the total amount shown for the end of the term, following the platform's rules.

This system is for people who want a way to get involved with AI infrastructure investment, cloud GPU rental, GPU rental income, AI passive income, and AI computing power opportunities without dealing with the technical details.

2026 AI Computing Power Investment Contract Options

AI GPU Rental currently offers several short-term computing power contracts, designed for different investment levels.

The Starter Plan is for people who want to try out AI computing investment with a smaller starting amount and just for one day.

The A15 Compute and A2 Cluster contracts offer bigger options for those who want more AI computing power.

For people looking for even more AI infrastructure, GPU Node and Hyd Compute offer higher-capacity contracts that show bigger estimated returns at the end.

Each plan is set up for short periods, letting users see how much passive income they might make from leasing AI computing power, all without buying or looking after hardware.

Up to $128 in Trial Credits for New Users

As part of its 2026 offer, AI GPU Rental is giving qualified new users up to $128 in trial credits.

These trial credits are meant to help new users check out the platform, look at the available AI computing power contracts, and get a feel for how investing in AI infrastructure works before they choose a bigger plan.

If you're looking for ideas for AI passive income, AI infrastructure investment, ways to earn from GPU rentals, or cloud GPU investment platforms, this offer makes it easier to get started.

Why AI Computing Power Investment Is Attracting Attention

The AI boom is making one of the most important digital resources much more in demand: computing power.

As more companies create AI tools, train models, set up automated systems, and handle huge amounts of data, the need for GPU infrastructure will likely keep going up. This is why renting cloud GPUs and having enough AI data center space are getting a lot of attention in the market.

AI GPU Rental focuses its platform on this trend by letting users get involved with AI computing power contracts without buying hardware themselves.

Here are some advantages:

Users can get into AI infrastructure investment without buying GPU machines.Users can see how much passive income they might earn from leasing AI computing power.Users don't need to manage electricity, cooling, or hardware upkeep.Short-term contracts offer flexible choices for getting involved.There are different starting amounts for different users.You can see daily and end-of-term estimates before you pick a contract.New users might get up to $128 in trial credits during this offer. AI Passive Income Becomes a 2026 Market Theme

Artificial intelligence is shifting from just software to the underlying systems. The next phase of AI growth isn't just about the apps, but also about the computing power needed to make them work.

This change is making investments in AI infrastructure, AI computing power contracts, cloud GPU rental, GPU rental income, and AI passive income opportunities more noticeable in the market.

AI GPU Rental's 2026 computing power investment offer is meant to give people a direct way to join this trend with short-term contract options.

For beginners, the Starter Plan offers a smaller starting option. For those looking to invest more, A15 Compute, A2 Cluster, GPU Node, and Hyd Compute provide bigger capacity choices.

As the demand for AI infrastructure keeps growing, AI GPU Rental wants to be a platform for people who want to get involved in the AI computing power economy and see if they can earn passive income through flexible, contract-based investments.

About AI GPU Rental

AI GPU Rental is a platform for AI infrastructure and cloud GPU leasing that deals with short-term contracts for investing in AI computing power. It lets users take part in AI computing lease projects without having to buy physical GPU hardware or deal with the technical setup.

The platform's 2026 offer includes several AI computing investment contracts and an offer for qualified new users to get up to $128 in trial credits.

All contract figures, daily estimates, and end-of-term estimates shown here are just examples for this offer. What actually happens for users can change based on their account, platform rules, how the market is doing, if computing resources are available, and the official contract details.

MEDIA CONTACT

Contact: David Pawson
Official website:https://www.aigpurental.com/
Email: [email protected]

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
2026-06-13 14:01 1mo ago
2026-06-13 07:25 1mo ago
Nebius Just Grew Its Revenue 684%. There's More Growth Ahead, and the Stock Is a Genius Buy.
NBIS Nebius Group
FMP Stock News
Original source text
If you're looking for one of the fastest-growing stocks on the market, look no further than Nebius Group (NBIS +4.63%). Nebius is a neocloud company specializing in cloud computing, specifically designed for artificial intelligence (AI) workloads and training.

Given the massive demand for AI, this is a great industry to be in.

Nebius recently reported an absolute and incredible growth rate, but it's far from done with how much AI demand there is.

Image source: Getty Images.

Nebius's growth won't slow down anytime soon During the first quarter (ended March 31), Nebius's growth rate was a jaw-dropping 684%. Normally, when you see a growth rate that fast, it's because of a sizable acquisition or merger, or maybe a one-time effect. That's not the case with Nebius. It's undergoing rapid expansion of its data center footprint to meet the incredible demand for cloud-based AI computing power.

Nebius is building and acquiring data centers to power all these workloads, especially larger ones. At the end of 2025, it had one data center site that utilized 100 megawatts or more of power. In just the first quarter, that figure was up to seven.

Today's Change

(

4.63

%) $

10.28

Current Price

$

232.52

That's impressive, but the company isn't stopping there. Nebius believes it will expand from an annual run rate of $1.25 billion at the end of 2025 (and $1.9 billion at the end of Q1) to $7 billion to $9 billion by the end of 2026. Few companies can expand that rapidly and showcase the monstrous demand for computing power while also underscoring how impressive Nebius's product is.

It's so good that Nvidia itself is invested in Nebius. With how quickly Nebius is growing and how well the stock has done, this looks like a genius move, and there could still be more growth in store.

Wall Street analysts expect 551% revenue growth in 2026 and 224% in 2027. So, from the end of 2025 to what's projected in 2027, Nebius will have grown its revenue 2,011%. For reference, Nebius's stock is up 135% so far in 2026.

That could mean even greater upside in the future, but it isn't without risks. Nebius isn't profitable and likely won't be for some time. It sees a huge market opportunity and is clearly doing everything it can to capture it. So, profits are an afterthought.

The company is also taking on debt, issuing stock, and seeking outside investors to fund its growth and make its vision a reality. That will dampen long-term returns, but if Nebius can deliver 2,000% or more growth and reach the profitability levels of other cloud computing firms, it looks like a solid buy now.
2026-06-13 13:50 1mo ago
2026-06-13 08:50 1mo ago
POET EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds POET Technologies (POET) Investors of Securities Class Action Lawsuit Deadline on June 29, 2026
POET POET Technologies
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In POET Technologies To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in POET Technologies between April 1, 2026 and 08:57 AM EST on April 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. ("POET Technologies" or the "Company") (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Watch our latest video highlighting the key allegations: https://youtu.be/zdxRFbToG4A

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article stated that POET Technologies stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET Technologies in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."

Following this news, POET Technologies' stock dropped more than 45% during intraday trading on April 27, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding POET Technologies' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the POET Technologies class action, go to www.faruqilaw.com/POET or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the POET Technologies, Inc. Securities Class Action Lawsuit:

What is the POET Technologies securities fraud lawsuit about?

The POET Technologies securities fraud lawsuit is a federal securities class action alleging that POET Technologies, Inc. (NASDAQ: POET) and its executives made false and misleading statements to investors by misrepresenting the Company's tax status - concealing that it likely qualified as a passive foreign investment company (PFIC) under U.S. tax law, which carries negative tax implications for U.S. stockholders - and by having a Company executive publicly discuss confidential business agreements in violation of a business agreement with a key customer. As the truth emerged on April 27, 2026, when it was reported that Marvell Semiconductor had canceled all purchase orders from POET Technologies, citing the Company's unauthorized disclosures of confidential order and shipping details as violations of its confidentiality obligations, POET's stock dropped more than 45% during intraday trading, causing significant losses for investors.

Who may be eligible to participate in the POET Technologies class action lawsuit?

Investors who purchased or acquired POET Technologies, Inc. (POET) securities between April 1, 2026 and 8:57 AM EST on April 27, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the POET Technologies securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former POET Technologies employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the POET Technologies lawsuit?

A lead plaintiff in the POET Technologies class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any POET Technologies investor who purchased POET securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is June 29, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased POET Technologies stock during the Class Period?

Investors who purchased POET Technologies, Inc. (POET) securities between April 1, 2026 and April 27, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the POET Technologies securities class action is June 29, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/POET for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301304

Source: Faruqi & Faruqi LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-06-13 13:45 1mo ago
2026-06-13 08:00 1mo ago
From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO
SPCX SpaceX
FMP Stock News
Original source text
Shortly before the opening of Nasdaq trading on Friday, Elon Musk stepped in front of a cheerful crowd at SpaceX's company town in Texas. His rocket maker was about to hit the public market at a valuation of around $2 trillion, instantly becoming the sixth most-valuable U.S. company.

Musk, weeks shy of his 55th birthday, told staffers that, in the early days of the company, he gave it "less than 10% chance of succeeding."

"If people had told me this was going to happen, I was like, man, you must be smoking some really good crack," said Musk, who founded SpaceX in 2002 and has grown it to 22,000 full-time employees. "Because I think this company is going to fail."

Musk is now the world's first trillionaire after his company pulled off the largest IPO on record, raising $75 billion, an amount roughly triple size of the next-biggest U.S. offering, which was Alibaba's in 2014. There are 10 U.S. companies worth at least $1 trillion. Musk runs two of them.

Whatever uncertainty Musk professed to have felt when SpaceX was getting off the ground, he showed none of that in the days leading up to the IPO. In an abbreviated roadshow, SpaceX priced its IPO at $135 and told investors to take it or leave it. There was no price range used to gauge demand and no haggling with prospective shareholders.

That's despite SpaceX having a fraction the revenue of any of tech's megacaps and racking up a $4.9 billion loss last year. After the stock's close on Friday, SpaceX was worth $2.1 trillion, giving it a multiple of 112 times last year's revenue.

"This was not a deal that was priced based on market forces," said Lloyd Greif, an investment banker with Greif & Co. in Los Angeles. "This was a deal based on what one man wanted. And when one man wants it, one man gets it, if that one man is Elon Musk."

watch now

Meanwhile, all of those mentions of trillions and the trillionaire added fuel to the discourse surrounding wealth disparity as consumers deal with crippling inflation due largely to the war in Iran. Sen. Bernie Sanders of Vermont, a self-proclaimed Democratic Socialist, wrote on social media that Musk's new status is a "call to action to take on the unprecedented income and wealth inequality that now exists." And California Democratic Governor Gavin Newsom wrote on X, which is owned by SpaceX, that, "Americans are struggling to pay for groceries and gas while Elon Musk becomes a TRILLIONAIRE."

None of that dampened the mood on Wall Street, which has been desperate to see new offerings after a historically slow period of IPOs dating back to late 2021. In closing the day up 19% and consistently holding well above the offer price, SpaceX's IPO lifted confidence in potential deals later this year from artificial intelligence model giants OpenAI and Anthropic, which are each valued at close to $1 trillion on the private market.

Former Nasdaq CEO Robert Greifeld said he "would definitely bet" that OpenAI and Anthropic will go public in 2026. Both companies announced this month that they confidentially filed IPO paperwork.

Making Facebook's IPO look smallMore than 500 million SpaceX shares changed hands throughout the day on Friday, a number approaching Facebook's market debut in 2012, when roughly 580 million shares were traded. Facebook's IPO set a record at the time, raising $16 billion. At the end of its first day of trading, Facebook was worth about $100 billion, or one-twentieth SpaceX's current market cap.

One big similarity between the two companies is that they're founder controlled. But even there, SpaceX is on another level. At the time of Facebook's IPO, CEO Mark Zuckerberg had the ability to control 56% of the voting power. For Musk at SpaceX, that number is above 82%.

Musk is certainly not alone in seeing a financial windfall from SpaceX's IPO.

The offering pushed Alphabet's stake past the $100 billion mark, after the company invested about $900 million in SpaceX in 2015. Valor Equity Partners, run by longtime Musk pal Antonio Gracias, is sitting on a stake worth over $80 billion, mostly owned by the firm's clients.

And beyond institutional investors, the IPO reportedly minted some 4,400 millionaires among the ranks of current and former SpaceX employees.

watch now

The stock sale was led by Wall Street heavyweights Goldman Sachs and Morgan Stanley, along with help from Bank of America, Citigroup, JPMorgan Chase and a long roster of other big banks and boutique firms. Underwriters gained access to additional shares, or their greenshoe overallotment, on one colorful condition.

"Only if the bankers all wore green shoes," venture capitalist Steve Jurvetson, who invested in SpaceX in 2009, wrote in a post on X. Jurvetson included a photo of green and white Nike sneakers decorated with the company's logo.

Throughout the morning, some of Musk's top investors and good friends joined CNBC to talk about the historic event. Gracias was one of the guests.

The Valor founder and CEO said he met Musk more than 20 years ago through mutual friend David Sacks, a venture capitalist who until recently served as President Donald Trump's AI and crypto czar. Gracias said he invested in PayPal "in the old days," when Musk and Sacks were among the founding crew, and put early money into Tesla and SpaceX. In both cases, he said his firm worked "on hard problems to try and help these companies succeed."

Gracias' relationship with Musk extends beyond business. He spent some time last year working with Musk as part of the Trump Administration's DOGE effort to slash government spending. As for SpaceX, Gracias said he plans to hold onto the stock "as long as I possibly can."

Sequoia partner Shaun Maguire, whose firm invested in SpaceX in 2019, called Musk a "generational entrepreneur," likening his planned delivery of the Starship launch vehicle to the introduction of railroads. He said he was confident the company could be generating hundreds of billions of dollars in revenue in 2030.

Maguire said Sequoia will distribute some shares to investors "if we feel like the valuation is way ahead of its skis," but said that, "as an individual, I'm going to hold my shares forever."

'Heavily dependent on Starship'Skeptics of SpaceX's lofty valuation questioned the logic of it all. The company counts on its Starlink satellite internet service for the bulk of its revenue and it's the only profitable part of the business. But investors don't pay historically high multiples for broadband service, no matter how good it is.

The space launch division is burning cash and is counting on the Starship rocket to scale to much better economics than the Falcon fleet. And the AI unit, which came in through the acquisition of Musk's xAI, is currently a money pit that's pivoted to leasing out massive amounts of capacity to the likes of Anthropic and Google.

Financial research firm CFRA gave SpaceX a sell rating and price target of $115, minutes after the company's Nasdaq debut. Analysts said SpaceX has "elevated valuation expectations," and living up to them would require proving the viability of Starship, expanding Starlink, generating returns from AI infrastructure, and eventually producing consistent free cash flows.

"Our primary concern is that SpaceX's long-term strategy remains heavily dependent on Starship," CFRA analyst Keith Snyder wrote in a note to clients, saying that the Starship rocket could be a "bottleneck" for various SpaceX initiatives.

Then there's SpaceX's stated $28.5 trillion total addressable market across space, connectivity and AI. That figure doesn't include other literal moonshots like space tourism, asteroid mining or manufacturing in orbit. Nor does it include transportation to Mars.

Aswath Damodaran, a New York University finance professor, told CNBC's "Squawk on the Street" on Friday that seeing the addressable market figure SpaceX provided made him think the prospectus was written by Grok, the xAI chatbot, rather than a banker.

"This is a hallucination," Damodaran said. "I would be embarrassed to even put that number out."

Maguire, a Musk permabull, said he stands by the projection.

"I would even argue it's an underestimate," he said.

While Musk is the face of SpaceX, getting to this point has a lot to do with the work of Gwynne Shotwell, the company's operating chief and one of its first employees.

In an exclusive interview with CNBC ahead of the IPO, Shotwell responded to a question about whether her boss would ever combine SpaceX with Tesla. It's a potential transaction that's long been rumored about, even more since Musk merged SpaceX with xAI after previously doing the same with xAI and X.

Shotwell, whose stake in SpaceX is now worth over $2 billion, didn't dismiss the possibility, but made clear that it's not on her priority list.

"There's no question that there are synergies between Tesla and SpaceX in our futures," Shotwell told CNBC's Morgan Brennan at Starbase. "There's a convergence of what we're all trying to accomplish in the future, but right now I'm focused on keeping the lights on here, keeping rockets in production, flying rockets, flying people, getting to the International Space Station, and critically providing broadband to folks that don't have access."

Musk, for his part, spent a fair amount of time on Friday appearing to relish the moment. As his company's IPO was dominating the news cycle, Musk was active on social media, mostly reposting messages, videos and photos from supporters touting his company's success. He didn't write much, but he did have one message he wanted to share on X.

"I love the incredible people of SpaceX beyond words," he wrote.

watch now
2026-06-13 13:45 1mo ago
2026-06-13 08:08 1mo ago
SpaceX Just Went Public. These 5 Other Publicly Traded Companies Could Be the Biggest Winners.
SPCX SpaceX
FMP Stock News
Original source text
SpaceX (NASDAQ: SPCX) just went public in the largest IPO of all time, raising $75 billion at a valuation of nearly $1.8 trillion. Many investors are excited to finally own a piece of the Starlink satellite internet business, SpaceX's dominant rocket launch business, and the high-potential xAI artificial intelligence business.

However, the story here goes beyond how SpaceX stock will perform as a publicly traded company. It's important for investors to keep in mind that SpaceX just raised $75 billion in fresh capital, and with big growth ambitions, the company will deploy it into AI computing hardware, rocket and satellite parts, and more. And there are some publicly traded companies that could be big winners now that such a big customer has much deeper pockets.

With that in mind, here are five companies in particular that could be big beneficiaries of SpaceX's IPO windfall for years to come.

Image source: Getty Images.

5 Companies that could make billions now that SpaceX is public To be clear, there are more than just five. SpaceX buys components from dozens of companies, and many others are likely to get secondary tailwinds from the IPO. But here are five in particular that investors might want to take a closer look at.

1. Alphabet Alphabet (GOOG +0.44%)(GOOGL +0.53%) could be a big winner from the SpaceX IPO, but not because SpaceX is a major customer. Alphabet made a $900 million investment in SpaceX in 2015, when SpaceX had a $12 billion valuation. At the IPO valuation, Alphabet's stake is worth about $150 billion. That's already an incredible return, but if SpaceX's stock were to rise post-IPO, it could become a serious needle-mover for the Google parent company.

2. Nvidia You've probably heard about SpaceX's deals to provide compute infrastructure to Anthropic and Google, which will require SpaceX to continue purchasing hundreds of thousands of GPUs and other AI computing components. And I wouldn't be surprised to see further compute deals announced, creating an excellent recurring revenue stream for SpaceX. Nvidia (NVDA +0.15%) is likely the most direct beneficiary of SpaceX's deeper pockets post-IPO.

3. Moog Now we're starting to dig a little deeper. Moog (MOGA 2.55%) is the leader in precision motion control systems for the aviation, space, and defense industries. The company provides essential components for many satellites, and once Starship improves SpaceX's launch economics, the volume of new satellite deployments could increase rapidly.

4. Kratos Defense & Security Kratos Defense & Security (KTOS 1.75%) is best known for its unmanned aerial vehicles (drones), but it also offers the only commercially available satellite ground system, OpenSpace. Even if Kratos doesn't get a direct SpaceX contract, it is a clear beneficiary as the commercial satellite economy accelerates.

5. Intel To say that Intel (INTC +6.49%) has been a big winner recently would be an understatement. The company has benefited from an investment from the U.S. government and partnerships with Nvidia, Apple (AAPL 1.52%), and other tech giants. Investors have been handsomely rewarded, with the stock up about 500% over the past year alone. However, it's also worth noting that Intel has a close relationship with both SpaceX and Tesla (TSLA +1.65%) as a key Terafab partner. Specifically, Terafab will use Intel's next-generation fabrication technology, and the capital SpaceX raised in its IPO could be a major source of funding to get the Terafab project going.

The bottom line As mentioned, there could be plenty of winners from the SpaceX IPO. But these are five companies that should be major beneficiaries of SpaceX's massive infusion of capital for years to come, and they could be worth a look for patient investors.

Matt Frankel, CFP® has positions in Kratos Defense & Security Solutions. The Motley Fool has positions in and recommends Alphabet, Apple, Intel, Kratos Defense & Security Solutions, Moog, Nvidia, and Tesla. The Motley Fool has a disclosure policy.
2026-06-13 13:45 1mo ago
2026-06-13 08:46 1mo ago
SpaceX President Has Warning for Investors: Maybe You Shouldn't Buy the Stock
SPCX SpaceX
FMP Stock News
Original source text
The stock market loves a good debut. None has been bigger than SpaceX‘s (NASDAQ:SPCX) long-awaited IPO, which valued the aerospace giant at the close of trading on the first day at $2.1 trillion. Retail investors who spent years waiting for access to the private company finally got their chance, while institutions rushed to secure shares of a business that has transformed both the launch industry and satellite communications.

Yet amid the excitement surrounding SpaceX’s market debut, the company’s top executive delivered a message that sounded more like a warning than a sales pitch.

Why SpaceX Chose to Go Public Now For years, SpaceX founder Elon Musk resisted taking the company public. The concern was straightforward: public markets often reward short-term performance, while SpaceX has built its business around projects that can take years — or even decades — to fully mature.

That challenge has become more manageable as SpaceX’s core businesses have reached a new level of scale. The company generated tens of billions of dollars in annual revenue through a combination of launch services, government contracts, and its rapidly growing Starlink satellite internet network. Starlink alone has become the largest satellite broadband provider in the world, serving millions of customers across more than 100 countries. It is also SpaceX’s only profitable business.

While the company is still burning cash — some $9.1 billion in negative free cash flow in Q1 — it is not just some startup trying to prove a concept. It is a mature enterprise generating $4.1 billion in quarterly revenue while continuing to invest in ambitious projects such as X, xAI, space-based data centers, Starship, and future Mars missions.

That shift helps explain why management finally felt comfortable opening the doors to public investors.

The Message Many Investors Missed During a CNBC interview, SpaceX President and COO Gwynne Shotwell offered a remarkably candid assessment of what investors should expect from owning the stock.

She wasn’t focused on the first day of trading. She wasn’t discussing price targets or quarterly earnings estimates. Instead, Shotwell emphasized that SpaceX does not want to become consumed by quarter-to-quarter performance. More importantly, she cautioned potential shareholders that the company’s operating horizon is measured in decades, not months.

That’s an unusual message in today’s market. Many newly public companies spend their first weeks encouraging investors to focus on near-term growth opportunities. Shotwell effectively did the opposite. Her message was clear: if investors are buying SpaceX expecting to react to every earnings report, product announcement, or analyst estimate, they may be approaching the stock the wrong way.

Granted, public companies still must report quarterly results and answer to shareholders. That reality doesn’t disappear after an IPO. But Shotwell’s comments suggest management intends to keep making decisions based on long-term objectives, even when those choices may not maximize next quarter’s numbers.

A record-shattering $2.1 trillion valuation with a catch: forget the next earnings report and brace for a decades-long mission. © 24/7 Wall St. Why Long-Term Investors May Benefit Surprisingly, Shotwell’s warning may be one of the strongest arguments for owning the stock.

History shows that many of the market’s best-performing companies rewarded investors who ignored short-term volatility. Companies such as Amazon (NASDAQ:AMZN | AMZN Price Prediction) spent years sacrificing near-term profits to build larger opportunities. Shareholders who focused on quarterly fluctuations often missed the bigger story.

SpaceX appears to be asking investors to adopt a similar mindset. The company’s largest opportunities — including Starship, deep-space transportation, and expanding Starlink’s global reach — are projects measured over years, not quarters. Success will likely be uneven. There will be delays, cost overruns, and periods when quarterly results fail to impress Wall Street.

In any case, management appears willing to accept those short-term bumps if they advance the company’s long-term goals.

Key Takeaway In short, Gwynne Shotwell’s comments weren’t really a warning against buying SpaceX stock. They were a warning against buying it for the wrong reasons.

Regardless of whether investors choose to own SpaceX, the lesson applies to virtually every stock. The most successful investments are rarely determined by the next earnings report or the next headline. They are determined by how a business performs over years of execution.

Smart investors should approach any stock purchase with at least a three- to five-year horizon. A decade is even better. That mindset reduces the temptation to react to every quarterly number and keeps attention focused where it belongs: on the long-term value a company can create.

Ultimately, SpaceX’s leadership is telling investors exactly what kind of shareholders they want. That’s exactly the kind of management investors should want. The question is whether investors are willing to listen.
2026-06-13 13:45 1mo ago
2026-06-13 09:00 1mo ago
SpaceX employees now have enough wealth on paper to buy every home in this Texas city
SPCX SpaceX
FMP Stock News
Original source text
HomePersonal FinanceReal Estate2025 set an all-time high for first-time buyers who used financial assets to buy a home or fund a down payment, according to the National Association of RealtorsPublished: June 13, 2026 at 9:00 a.m. ET

The SpaceX IPO could change the game on high-end real estate in Texas — and elsewhere. Photo: Getty Images)The SpaceX IPO is creating a whole new round of deep-pocketed home buyers — and deepening the gulf between high-end housing markets and everyday real estate.

Austin, Texas-based real-estate agent Matt Holm is already helping some SpaceX employees with their home search. Friday — when a record-breaking initial public offering kicked off trading of SpaceX’s stock SPCX — marked “a pretty good one-day bump to millionaires and billionaires in one town,” said Holm, team lead of the Holm Team with Compass Real Estate COMP.
2026-06-13 13:45 1mo ago
2026-06-13 09:37 1mo ago
SpaceX IPO sticks the landing. Here's what investors are saying about its epic first trading day
SPCX SpaceX
FMP Stock News
Original source text
Investors were hard pressed to find critical things to say about the SpaceX initial public offering on its first day of trading on the Nasdaq Friday.

Despite a large retail allocation and a huge amount of hype, trading wasn't especially volatile and the positive momentum continued after the market closed for the weekend.

The rocket launch, computing and satellite company delivered the largest IPO ever, with a trading volume of more than 500 million shares and a closing price above $160, putting its first-day market capitalization over $2.1 trillion.

The stock opened at $150 and finished the day nearly 20% above its telegraphed offering price of $135 per share. It continued to rise in after-hours trading, reaching $166.85.

SpaceX, 1 day

"The price was going to be $135 a week ago, but it could have gone the other direction, and where it's trading now is probably a win-win for everybody concerned," Paul Meeks, head of technology research at Freedom Capital Markets, told CNBC during the trading day on Friday.

The stock started trading after 11:30AM and rocketed up 30% to its high point of $176.52 less than two hours later. That's when investors started to sell, grabbing gains off the initial enthusiasm.

"To what extent will the retail placement … result in sellers? You could see that if the thing hits $170 or $180. You could see it trading at a relatively flat level and then selling off – which may be happening as we speak," Dan Alpert, founder of Westwood Capital, told CNBC on Friday afternoon.

Shares fell back down toward $158 in the afternoon but rebounded a tad in the run-up to the close, settling at $160.95.

There had been some concern on Wall Street that SpaceX's announced retail allocation of up to 30% was going to result in much wilder price swings.

"You never know what retail buyers are going to do with stock after it opens," Alpert said. "To the extent that Wall Street places stock with institutional buyers, especially those they view as non-flippers, you have a much safer boat than when you introduce greater-than-average retail interest."

So-called perpetual futures for the IPO had been priced around $162 on the Hyperliquid platform in the middle of the week, and Friday's closing price was close to that.

Part of the 'Mag 7'?Many analysts on Wall Street were concerned on Friday about whether SpaceX can live up to its massive valuation in the long term. 

Commentary centered on the viability of its reusable Starship rocket, the monetization of AI, and the eventual generation of free cash flows.

One Wall Street firm – CFRA – gave SpaceX a sell rating shortly after it began trading.

But the steady and positive performance of the stock on Friday is likely to keep those concerns pushed out into the future, at least for now.

Analysts said Friday that SpaceX should already be considered as part of a new category of market-defining mega-cap stocks, evolving out of the previous, highly recognizable Magnificent Seven.

"It's in there," DA Davidson head of technology research Gil Luria told CNBC on Friday. "It includes some of our old favorites – Nvidia, Microsoft, Amazon, Google, Meta. Now it includes SpaceX."
2026-06-13 13:44 1mo ago
2026-06-13 08:45 1mo ago
Alphabet Stock Is Up Nearly 100% Over the Past Year. Is It Still a Buy?
GOOGL Alphabet
FMP Stock News
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Alphabet (GOOG +0.44%) (GOOGL +0.53%) has gone on an impressive run over the past year. It's up around 100%, which is incredible considering that Alphabet is now the second-largest company in the world. However, after a run-up like that in a relatively short time frame, investors may be asking themselves if Alphabet stock still has room for more upside in the future.

Let's take a look at Alphabet's rise and future, and see if there's more in store.

Image source: Getty Images.

Alphabet's valuation is reaching new heights Alphabet is better known as Google's parent company. A year ago, the Google Search engine was largely presumed to be obsolete and soon to be replaced by generative AI.

However, that hasn't happened. Instead, Google has masterfully integrated AI into the traditional Google Search engine to give users an AI overview for many of the searches they conduct. This is the most exposure that a large majority of the population will have to AI, and Google being the face of it is good for its future.

Despite its legacy status, Google Search still knows how to get it done from a growth standpoint, with revenue rising 19% year over year during Q1. That places it among the best-performing Alphabet segments, but it isn't even touching Google Cloud.

Google Cloud is Alphabet's cloud computing division, and its revenue grew at an impressive 63% pace in Q1. This growth rate highlights two things. First, there is a massive demand for Google Cloud's servers and AI computing capabilities. Second, Alphabet is making a ton of money from selling its in-house custom AI chips to external customers. Those sales are included in the Google Cloud growth rate, giving it a further boost.

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All of this adds up to a company that's posting solid growth for its size and maturity, with revenue rising 22% year over year and operating income increasing 30%. There's nothing to gripe about regarding Alphabet's core business, but after the stock has doubled in the past year, investors need to look at valuation.

Alphabet's shares trade at about 25 times forward earnings, which isn't necessarily expensive for a big tech company. However, it's not cheap either. The S&P 500 trades for 22.2 times forward earnings, which indicates that Alphabet trades at a premium to the market. However, with Alphabet growing faster than the market, this slight premium is likely worth it.

Alphabet's stock was clearly undervalued a year ago, but that's no longer the case after a meteoric rise. While it's not a screaming deal right now, it's also not a bad investment and will likely outperform the market moving forward if it can keep up its high, double-digit growth rates.
2026-06-13 13:43 1mo ago
2026-06-13 08:00 1mo ago
This stock is a better pick than SpaceX for disciplined investors
NOKIA Nokia
FMP Stock News
Original source text
SpaceX SPCX made history on Friday – raising $75 billion in the largest IPO “ever” – promptly gaining 19% in its Nasdaq debut.

The frenzy is real, the story is compelling, but the valuation, hovering around the $2 trillion mark, is already priced for perfection.

And for investors who prefer conviction over crowd psychology, there is a quieter, more grounded opportunity worth considering – Nokia (NOK).

Most people still associate Nokia with the brick-like handsets that dominated the early 2000s. That era is long gone.

Today, Nokia is a global communications infrastructure firm operating across four major business segments – mobile networks, network infrastructure, cloud and network services, and Nokia tech – selling equipment to carriers, hyperscalers, and data center operators across more than 100 countries.

In 2026, the brand licensing operation that handles the phone business is a footnote; the real story is in optical networks, IP routing, and next-generation wireless buildout.

Bank of America Securities now characterizes Nokia as a key data center interconnect and optical transport player, not merely a traditional mobile gear vendor.

And that rebranding is backed by hard numbers. Nokia’s Q1 results showed a 49% year-over-year growth in AI and cloud net sales, alongside €1 billion in orders from AI and cloud customers.

The company raised its “network infrastructure” growth expectations for the full year, particularly for its optical networks and IP networks subsegments that are critical for AI and cloud data centers.

All in all, Nokia stock is not a turnaround story anymore – it’s an infrastructure story with genuine momentum.

The single most “underappreciated” development in Nokia’s recent history is the depth of its team-up with Nvidia.

In late 2025, Nvidia made a direct equity investment in Nokia at $6.01 per share – a huge credibility signal that the broader market has been slow to fully price in.

The two companies are collaborating on AI-powered radio access network tech aimed at building the infrastructure backbone for the 6G era, at a moment when global internet traffic is exploding.

According to Nokia’s own projections, global network traffic is expected to grow roughly fivefold from 2024 levels through 2034, with AI workloads accounting for a disproportionate share of that demand.

Nokia opened an AI Networking Innovation Lab in Sunnyvale this May, a facility designed to co-develop next-generation networks for AI data centers alongside cloud and AI partners.

The SpaceX IPO is a genuine technological marvel wrapped in a financial instrument that demands you believe everything goes right, forever, from day one.

At its session high on Friday, SpaceX briefly touched a market cap approaching $2.21 trillion – a figure that leaves virtually no room for error, execution risk, or the “ordinary turbulence” that every young public company faces.

Let’s face it: history is littered with transformative firms that proved terrible early IPO investments precisely because the hype front-ran the fundamentals by years.

Nokia stock, by contrast, offers a different kind of proposition. With about $19.22 billion in annual revenue and a market cap of $82 billion, it trades at a meaningful discount to sales.

It’s an almost paradoxical setup for a business posting 49% artificial intelligence (AI) sales growth and attracting NVDA as a strategic investor.

NOK shares outperformed the broader technology equipment sector on Friday, even as the market’s attention was consumed entirely by the SpaceX spectacle – a quiet reminder that the most durable gains are often made away from the spotlight. 

For investors who want real AI infrastructure exposure without paying a “once-in-a-generation” premium to get it, Nokia deserves a serious look, especially since Wall Street firms also currently rate it at “Overweight”.
2026-06-13 13:43 1mo ago
2026-06-13 08:55 1mo ago
Nvidia Stock Just Did Something for the First Time in More Than 5 Years. Here's What History Says Happens Next.
NVDA Nvidia
FMP Stock News
Original source text
So far this year, Nvidia (NVDA +0.15%) stock has gained 8% -- placing it slightly above the returns in the S&P 500 and nominally trailing those seen in the Nasdaq.

From a valuation perspective, the world's most valuable company boasts a forward price-to-earnings (P/E) ratio of about 22. Moreover, Nvidia's forward P/E has spent much of 2026 locked in a narrow corridor between roughly 18 and 25.

This steadiness raises two questions: When was the last time investors saw Nvidia's forward multiple behave this way and what happened next?

Image source: Nvidia.

Nvidia's valuation profile echoes its pre-AI boom Per the chart below, investors can see that Nvidia's forward P/E has not traded inside a comparable, compressed band since before the artificial intelligence (AI) revolution. Prior to the outburst of generative AI models back in late 2022, the market largely viewed Nvidia as a company primarily focused on graphics and gaming with a data center services side hustle.

NVDA PE Ratio (Forward) data by YCharts.

Once ChatGPT, Anthropic's Claude, and a handful of other frontier models arrived, demand for accelerated computing exploded. As it turns out, Nvidia's first-mover advantage in designing graphics processing units (GPUs) was uniquely positioned for this moment. Hence, the company's revenue and earnings rose dramatically virtually overnight. Subsequently, Nvidia's forward earnings valuation multiple broke out and spent the next few years oscillating at levels frequently above 40.

The current range represents a reversion to a pre-AI boom rhythm. Against this backdrop, the current sideways trading seen in Nvidia is the first real extended stretch of valuation stability since the world began pricing the company as the indispensable king of AI infrastructure build-outs.

Don't let valuation distract you from Nvidia's guidance Nvidia's valuation profile looks even more striking when set against the company's actual operating momentum. During the fiscal 2027 first quarter (ended April 26,2026), revenue from Nvidia's data center segment surged 92% year over year, reaching $75 billion. Management forecasted total revenue to be $91 billion next quarter, plus or minus 2%. This represents an acceleration quarter over quarter and a staggering 95% year-over-year growth.

To me, a forward earnings multiple stuck around 22 does not necessarily signal skepticism about Nvidia's near-term earnings power. Instead, I think it reflects a situation whereby the market has already baked in meaningful growth and is no longer willing to pay the premium multiples witnessed throughout 2023 to 2025.

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In other words, range-bound valuation multiples can be normal when investors simply expect continued strong top- and bottom-line expansion. These dynamics are actually quite common for mature, high-growth technology platforms.

Nvidia is positioned for another leg of valuation expansion After Nvidia's forward P/E dropped sharply to about 18 earlier this year, the multiple has more recently stabilized and begun to edge modestly higher within a tight range. This could suggest that early stages of valuation expansion are in the works. Perhaps the clearest reason why is Nvidia's growing number of strategic partnerships. These are the clearest catalysts for Nvidia's next leg up.

The company has invested billions of dollars in Nokia, Coherent, Lumentum, and Marvell Technology to fortify high-speed optical interconnects and advanced networking. These technologies are becoming increasingly important as hyperscalers allocate capital expenditure (capex) beyond GPU procurement and build more sophisticated infrastructure stacks within AI factories. Moreover, these relationships unlock numerous opportunities for Nvidia beyond data centers -- opening the door to scalable edge computing, robotics platforms, and autonomous vehicle systems.

These moves quietly broaden Nvidia's total addressable market (TAM) beyond chips. I think the company has started laying the groundwork to justify higher valuation multiples once execution catches up with these new opportunities. History suggests that if Nvidia's strong guidance is delivered, the current range-bound phase should turn out to be nothing more than a temporary consolidation before the next chapter of significant valuation rerating unfolds.
2026-06-13 13:42 1mo ago
2026-06-13 09:06 1mo ago
Searching For New Lows
T AT&T
FMP Stock News
Original source text
I’m always searching for a good bargain. Well, as long as it’s a bargain on something that I need and will actually use.

My favorite brands of polos and barefoot shoes are always on the list. It makes sense when applied to a new shirt or pair of shoes, but many fail to carry that thinking over to their stocks.

When share prices go down, it means there is a surge of shareholders that want to sell. It can be hard to buy something when the crowd doesn’t want it. For me, I can always use another high-quality dividend stock with an attractive price tag.

Locking in a good entry price means a better annualized yield and more income. However, the sky-high market valuations have made me feel like I’m looking for thrift-store bargains while walking down Fifth Avenue. Just because something is on-sale comparatively doesn’t mean it’s a price I’m willing to pay.

That might be changing.

Last week, the S&P 500 had its first losing week in 2.5 months. The markets went from pricing in another rate cut before the end of the year to pricing in rate hikes. Friday was the Index’s worst day since October.

Use It to Your Advantage The CNN Fear and Greed Index slid right through neutral and into fear. It hasn’t been this low since the first week in April. Fear is hitting the markets, but I’m not jumping on the bandwagon. Instead, I’m looking at how I can use it to my advantage.

One of the sub-indicators of the CNN Fear and Greed Index that I like to watch is stock price strength. It measures the number of new 52-week highs versus new 52-week lows on the NYSE. A month ago, the reading was 4%, but we’re now down to just 1%. I’m ready for it to slide through zero, putting more opportunities into the market.

Most people wouldn’t see this as good news. Who really wants to see their stock hit a new 52-week low?

But I’m on the search for opportunities, so I headed over to my stock screener and searched for stocks hitting a new 52-week low after June1. The resulting list was 1,666 companies.

I then filtered for US-based companies with a dividend yield between 3-30% and was left with just 41 stocks. I use 3-30% when I want to quickly weed out anything with an unsustainably high dividend and a dividend too low for me to even consider.

I will continue to use this screener through the summer volatility and probably through the end of the year.

It’s all about perspective. The S&P 500 has been ripping through new highs for over a year. Looking for a stock at a new 52-week low is not looking for junk in a mediocre market.

Instead, I’m looking for high-quality companies that have corrected from the past year’s rich valuations.

Keep These Companies On Your Radar Let’s jump right into a few companies I found that I want to keep an eye on.

Tractor Supply Company (TSCO) hit a new 52-week low on June 3 at $28.36. Shares are down 40.8% year to date resulting in a dividend above 3% for the first time in years.

For the first quarter, comparable store sales grew by just 0.5%, below the expected 2%. The main sales drag is its pet business, which makes up 24% of sales. I’ll admit this isn’t a section of the market that I know a lot about.

Apparently, the US pet market has shifted to a slower pace of growth. The pets from the COVID adoption boom are aging out, and the financial costs of caring for a pet are creating a new normal for this market.

TSCO recently decided to double down on the pet business by acquiring VIP Petcare. This is the largest provider of mobile veterinary care in the US.

Analysts are skeptical if this is a smart long-term idea, and question whether that money could have been better spent elsewhere. Meanwhile, the core farm and ranch business should be fine.

I’m adding this retailer to my watchlist and will take a closer look at the trends in animal care—both pets and livestock. A little more skepticism could give us a 3.5% yield.

AT&T (T) hit a new 52-week low on June 4 at $22.33. Shares are down 18.2% over the past year, raising its annualized yield to 4.9%. Shares had a decent run supported by debt reduction and solid earnings last year, but now uncertainty looms.

The SpaceX IPO has reminded analysts that Starlink is a very real threat to the telecom giants. Starlink has already disrupted the ISP market in rural areas where the major carriers have been unreliable for years. With Starlink pricing on par with legacy broadband, it may affect more users than originally thought.

And AT&T isn’t the only company on the list for this reason.

Comcast Corp. (CMCSA) hit a new 52-week low on June 4 at $23.13. Shares are down 25% over the last year, boosting its annualized yield to 5.7%. After cord-cutting gutted the company’s TV-business, broadband has been Comcast’s high-margin business that retained a monopoly in many markets.

The stock has been hit extra hard as the company committed more than $6.7 billion to develop a Universal theme park in Europe while Starlink is taking pieces of its core business.

Of the two, I will continue to keep an eye on AT&T. My Essential Income readers sold their AT&T position at the end of last year for a tidy profit of 82%. In that sell alert, I noted “If shares fall like I think they will, we’ll get another chance to collect a great yield from AT&T.”

This just might be that opportunity. I need to dig deeper into the Starlink affect. If AT&T’s yield hits 5%, I would probably add it back into my portfolio.

For more income, now and in the future,

Kelly Green

Originally published June 10, 2026

For more news, information, and strategy, visit ETF Trends.
2026-06-13 13:42 1mo ago
2026-06-13 07:33 1mo ago
Disney is pushing tech employees to move faster with AI — but avoid 'tokenmaxxing'
DIS Walt Disney
FMP Stock News
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Under CEO Josh D'Amaro, Disney has empowered employees to use AI tools like Claude. Samuel Boivin/NurPhoto via Getty Images; Aurore Marechal/Getty Images Disney is encouraging streaming staffers to embrace AI while warning against wasteful token usage.

Streaming leaders at the Mouse House have recently been pushing employees to boost their velocity and productivity by using AI, two senior tech employees told Business Insider.

"The No. 1 thing is to increase velocity," or the pace of output, a high-level, AI-focused employee said.

However, Disney doesn't want its employees to be "tokenmaxxing," Andre Rohe, Disney's EVP of product engineering, said in a Wednesday meeting, according to two tech staffers in attendance. "Tokenmaxxing" refers to maximizing AI token usage, regardless of its impact on productivity.

One software engineer shared their three main takeaways from what Disney streaming leaders said on the call:

AI token tracking is meant to identify inefficient usageDisney wants to increase velocity when shipping features or delivering codeDisney is focused on code quality and product resiliency, not just speed, and hopes to minimize AI-coded products that fail after their releaseDisney has warmed to AI in the last year, providing employees with coding tools like Claude and Cursor while creating an AI Adoption Dashboard for staffers to track token usage. Some managers have sent check-in messages to software engineers who don't use AI.

Disney has also made clear that employees should be intentional about their AI usage. For example, a person familiar with the company's strategy said the AI dashboard isn't meant to incentivize high usage but rather to help staffers use AI tools efficiently and effectively.

Other major US companies, including Microsoft, are trying to limit unchecked AI token usage. Microsoft CEO Satya Nadella recently called tokenmaxxing "addictive." Firms are realizing that burning through AI tokens can be wasteful and may not incentivize the right projects.

One of Disney's Hollywood rivals, Paramount Skydance, informed tech staffers on Wednesday that it would implement "per-user monthly spend limits" on AI tokens. A Paramount exec said the cap would have a "high limit," though.

Out with the OpenAI deal, in with agentic armies and AI affectionDisney surprised the media industry by inking a billion-dollar deal with OpenAI in December that would have licensed its iconic characters to the now-defunct Sora AI video app, while opening the door to put AI-generated videos on Disney+.

The Mouse House got a shock of its own in March when OpenAI canceled its Disney deal and shut down Sora, less than a week into Disney CEO Josh D'Amaro's tenure.

While D'Amaro hasn't struck a major AI deal since its OpenAI arrangement fell apart, Disney spoke with "more than a dozen partners" about ways to implement AI, The Wall Street Journal reported in March.

Disney isn't sitting on its hands and waiting for an AI partner. Its top software engineers are using armies of AI agents to knock out coding projects, allowing them to accomplish far more than they could on their own.

Jason Cox, Disney's executive director of AI research and development and engineering, created an AI assistant he calls his "son" and said, in blog posts, that it had captured his "affection." It's unclear if Cox uses his AI chatbot for his work at Disney.

Read next

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Media Exclusive Disney More AI OpenAI
2026-06-13 13:41 1mo ago
2026-06-13 08:25 1mo ago
What 1,000 Shares of This High-Yield Dividend Stock Pays You Every Year
VZ Verizon
FMP Stock News
Original source text
Passive income is the rare line on a household balance sheet that does not care whether you showed up to work, whether the market opened green, or whether your employer is still hiring. It arrives on a schedule.

For income-focused investors, the appeal is concrete: it is the difference between a portfolio that has to be sold to fund retirement and one that funds it on its own. Dividend equities pull that off without the friction of rental tenants or the lockups of private credit.

Telecom is one of the few sectors built for this job. The infrastructure is laid, the cash flows are recurring, and the payouts are written into the capital allocation plan. Verizon (NYSE:VZ | VZ Price Prediction) sits at the top of that list, a Dow component with 20 consecutive years of dividend increases and a CFO who recently called the payout “ironclad.”

We screened our 24/7 Wall St. dividend equity research database for blue chips that turn a fixed share count into a meaningful annual paycheck, and Verizon stands out as a stock where just 1,000 shares can generate over $2,800 a year in passive annual income at the time of this writing.

Verizon: The Math on 1,000 Shares Current price: $46.95 Yield: 6.08% Cost of 1,000 shares: $46,950 Quarterly dividend: $0.7075 Annual passive income: $2,830 The math is clean. At $0.7075 per share per quarter, 1,000 shares of Verizon produce $2,830 in annual dividend income, a forward yield of roughly 6% on a $46,950 position. That figure assumes the current quarterly rate holds for four payments. Given the streak, the next raise is more likely than not.

Why The Yield Is This High Verizon is the largest U.S. wireless carrier, with roughly 146.8 million wireless retail connections and two reporting segments: Verizon Consumer at $26.45 billion in Q1 2026 revenue and Verizon Business at $7.42 billion.

The yield is structurally high because the business is mature, capital-intensive, and slow-growth. Spectrum, 5G, and fiber buildouts absorb capital that a faster-growing company would plow back into expansion. Verizon returns it to shareholders instead.

The dividend coverage backs that up. 2025 operating cash flow of $37.1 billion covered the $11.48 billion dividend payout roughly 3.2 times, with free cash flow covering it 1.75 times. Management guided 2026 free cash flow to $21.5 billion or more, an approximately 7% increase, leaving room for both the dividend and the restarted buyback.

What Has Changed Under New Leadership CEO Dan Schulman, who took over in 2025, is running what he calls a “play to win” turnaround. Q1 2026 delivered adjusted EPS of $1.28, a 6.18% beat against the $1.2055 estimate, and the first positive Q1 postpaid phone net adds in 13 years. Management raised full-year adjusted EPS guidance to $4.95 to $4.99, implying 5% to 6% growth.

The Frontier Communications acquisition closed January 20, 2026, pushing fiber broadband connections up 41.9% year over year to roughly 10.8 million.

Verizon has paid down about half of Frontier’s debt and plans to retire substantially all of it by year-end, working toward a target leverage ratio of 2x to 2.25x by 2027 from 2.6x today. The company also completed $2.5 billion in Q1 buybacks, its first repurchase program in over a decade, with at least $3 billion planned for the full year.

Ownership And Insider Signal Institutions hold 70.4% of the float, with Vanguard, BlackRock, and State Street historically the largest holders of a Dow staple like VZ. Insider activity skews to the buy side: CEO Schulman and the full C-suite, including CFO Anthony Skiadas, have added phantom stock units in every two-to-three-week window since March 2026, with no broad-based selling.

The Income Picture One thousand shares of Verizon at $46.95 produce $2,830 in annual dividend income, a blended yield of roughly 6% on a $46,950 position. Skiadas put it plainly on the Q1 call: “The dividend is still ironclad for us, and we raised the dividend $0.07 back in January, and that’s the 20th consecutive year.”

The 19-to-20-year increase streak, combined with cash flow that covers the payout three times over, is what separates a yield like this from the kind that disappears when the next quarter disappoints. For investors who reinvest those quarterly checks, the share count grows on autopilot, and so does next year’s paycheck.
2026-06-13 13:40 1mo ago
2026-06-13 09:26 1mo ago
Why These 2 Hotel Stocks Are Beating Travel Peers
HLT Hilton
FMP Stock News
Original source text
Despite soaring energy prices and geopolitical tension, travel demand remains strong as the summer kicks off. The U.S. Travel Association projects inflation-adjusted travel spending to grow 1% in 2026 and 3% in 2027, with international travel in the U.S. rebounding due to the World Cup. Earlier this month, CoStar and Tourism Economics upgraded their U.S. RevPAR (revenue per available room) forecast to 2.8% year-over-year (YOY) following a 4.0% figure in Q1 2026, the highest quarterly RevPAR number on record.

Naturally, the travel sector is booming, right? Not so fast, my friend. Hotel stocks are making new highs, but airline, cruise line, and other travel stocks are lagging both the broader market and their hotel industry peers. Why is one subsector winning big while the rest of the industry lags? The answer, of course, lies in the Strait of Hormuz.

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Oil Is the Travel Sector’s Macro Sorting MechanismOil prices have been elevated above $90 per barrel since early March when Iran closed the Strait of Hormuz. High energy prices have squeezed consumers, yet travel demand remains firm. However, oil has become a sorting mechanism in the travel industry, and the market is re-rating the sector based on fuel exposure in earnings, not raw demand.

Airlines: Fuel is one of the three biggest cost line items for any airline, and consistently high jet fuel prices are cutting into airline profits. The U.S. Global Jets ETF NYSE: JETS is down more than 2% year-to-date (YTD), and the best-performing airline stock, Delta Air Lines Inc. NYSE: DAL, is also the most hedged since it owns a refinery.

Cruiselines: Despite record bookings, the cruise line industry’s earnings are also facing pressure from the oil shock. Norwegian Cruise Line Holdings Ltd. NYSE: NCLH already lowered its full-year 2026 EPS outlook during its Q1 2026 report last month. And the only oil-hedged cruise line, Royal Caribbean Cruises NYSE: RCL, is still down more than 3% YTD.

Online Travel Agencies (OTAs): OTAs aren’t insulated from the oil shock despite having no fuel costs. Tapped-out vacationers are eschewing international travel for cheaper domestic trips that reduce overall spend and slash OTA fee revenue. Airlines could also offset fuel cost increases by slashing commissions paid to OTAs for their listings. Booking Holdings Inc. NASDAQ: BKNG, the largest publicly-traded OTA, is down more than 25% YTD.

It’s not hard to see why hotels have outperformed. Hotels are best positioned to monetize travel demand because they don’t have to cover fuel costs. And some of the industry leaders aren’t even paying the mortgage on the real estate anymore.

2 Hotel Stocks Setting New Highs This SummerThe three hotel stocks listed here all have a common theme: a franchise business model. Under this model, a hotel franchisee bears all cyclical risks, including mortgage costs, labor, depreciation, insurance, and utilities. The brand collects a percentage of gross room revenue and other fees, and allows the operator to use their name and access their booking and loyalty engines. A capital-light system with recurring revenue is ideal for a macro shock environment, which is why these stocks have soared to new highs this year.

Marriott: Fee Machine Firing on All CylindersMarriott International Today

MAR

Marriott International

$402.54 +5.65 (+1.42%)

As of 06/12/2026 04:00 PM Eastern

52-Week Range$253.55▼

$403.25Dividend Yield0.73%

P/E Ratio42.24

Price Target$382.07

Non-RevPAR revenue streams are what set Marriott International Inc. NYSE: MAR apart from its peers.

Card fees were up 37% YOY in Q1 2026, and management boosted full-year gross fee guidance to a range of $5.93 billion to $5.99 billion.

The pipeline is also robust; a record 618,000 rooms, 43% of which are already under construction. Q2 RevPAR guidance was also boosted to a top range of 2.5%.

MAR shares are also enjoying strong technical momentum. The 50-day moving average has provided support for nearly a year, and the Moving Average Convergence Divergence (MACD) indicator is signaling a bullish momentum uptick. The fundamentals and technicals confirm the same story, and that’s more upside ahead.

Hilton: The Hotel Industry’s Purest CompounderHilton Worldwide Today

HLT

Hilton Worldwide

$346.17 +4.31 (+1.26%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$241.45▼

$349.03Dividend Yield0.17%

P/E Ratio52.85

Price Target$348.55

Net unit growth is the catalyst for Hilton Worldwide Holdings Inc. NYSE: HLT. The company reported 131 new hotel openings during its Q1 2026 earnings release, with industry-leading net unit growth of 6.3%.

Hilton is targeting 6-7% unit growth over the rest of the year, and it is confident enough in this projection to raise RevPAR growth despite Middle East headwinds. System-wide RevPAR of 3.6% outperformed expectations, and a record 527,000 rooms are currently in the pipeline.

HLT shares have traded flat since the start of April, but remain up more than 15% YTD, and there’s evidence that the next leg of the rally is imminent. Support remains strong along the 50-day moving average, and the Relative Strength Index (RSI) has now pushed back into bullish territory.

The stock trades at a premium multiple of 37 times forward earnings, but the growth rate and capital returns ($3.5 billion in buybacks and dividends scheduled for 2026) command attention.

Should You Invest $1,000 in Marriott International Right Now?Before you consider Marriott International, you'll want to hear this.

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Get This Free Report
2026-06-13 13:33 1mo ago
2026-06-13 09:27 1mo ago
RH: Premium Brand, Premium Opportunity, Discounted Price
RH RH
FMP Stock News
Original source text
Restoration Hardware remains a buy despite a 2% stock decline and recent underperformance versus the benchmark. RH delivered a double beat on earnings and reiterated revenue growth, reinforcing my bullish thesis on sustained expansion. I see favorable catalysts developing for RH, though a quick turnaround is unlikely given its history of earnings misses.
2026-06-13 13:31 1mo ago
2026-06-13 08:30 1mo ago
Reddit, Roku, and SoundHound AI: Which Cult Stock Is Takeover-Ready?
ROKU Roku
FMP Stock News
Original source text
Cult stocks attract acquisition speculation the way magnets attract iron filings. A loyal retail base, a strategic asset, and a richly debated future are exactly the ingredients buyers and analysts love to game out. The exercise below is structural in nature. None of the three names here has a confirmed or reported deal in the works, and most acquisition speculation never results in a transaction. The ranking weighs three verifiable factors: ownership and control structure, strategic fit for plausible acquirers, and size or valuation. We count down from least to most acquirable.

3. Reddit: Too Big, Too Controlled, Too Expensive Reddit (NYSE: RDDT | RDDT Price Prediction) is the least likely candidate on this list. The market cap is roughly $33.4 billion, and the business is firing on all cylinders. Q1 FY26 revenue grew 69.1% year over year to $663.41 million, with EPS of $1.01 versus $0.56 expected and daily uniques up 17% to 126.8 million. Net income margin expanded from 6.7% to 30.7%.

Hypergrowth like that signals no distressed sale. Reddit carries a dual-class share structure with founder Steve Huffman and Advance Publications holding outsized voting power, a classic takeover defense. Add antitrust scrutiny shadowing any big-tech bidder for a leading social-data property, plus a freshly authorized $1.0 billion buyback, and the math becomes difficult. The analyst consensus price target is $224.92, with forward earnings at 38x. A buyer would need to pay a premium on top of an already premium multiple. Strategic for AI data licensing? Absolutely. Realistically acquirable in the next 12 months? Not on these terms.

2. Roku: The Strategic Sweet Spot Roku (NASDAQ: ROKU) has been the subject of takeout chatter for years, and the structural case is the cleanest of the three. Market cap of about $18.0 billion is large but digestible for any mega-cap streamer, retailer, or ad-tech buyer. Q1 FY26 revenue rose 22.4% to $1.25 billion, platform revenue jumped 28%, and EPS of $0.57 beat the $0.35 estimate. FY25 was the company’s first profitable full year since IPO.

The strategic case writes itself: 100 million streaming households globally, The Roku Channel commanding 6.3% of all U.S. TV streaming, and first-party CTV ad data that any walled-garden buyer would covet. Founder Anthony Wood executed sizeable Class B-to-Class A conversions totaling 150,000 shares across April and May 2026, an unusual pattern that reduces founder voting concentration. Institutional ownership is high at 88.5%, meaning the float is widely held. Roku is expensive, with forward earnings at 52x, but the asset is unique and increasingly rare.

1. SoundHound AI: The Tuck-In Profile SoundHound AI (NASDAQ: SOUN) tops this structural ranking. Market cap of about $3.0 billion is by far the smallest, the kind of tuck-in size that fits comfortably inside any large-cap technology or automotive-tech acquirer. Q1 FY26 revenue grew 52% year over year to $44.20 million, with organic auto and IoT AI up 88%, marking six consecutive EPS beats. The customer roster reads like a strategic-buyer wish list: Stellantis, Panda Express, IHOP, Jersey Mike’s, Casey’s, BNP Paribas, Walmart ONN TV, plus a Korean OEM and an Italian sportscar brand.

Shares are down 29.4% year to date and 25.7% over the past year, lowering entry cost for any buyer evaluating voice and agentic AI capability at scale. CEO Keyvan Mohajer noted SoundHound “started the year strong with our top line growing 52% … incredible demand across all pillars.” The complicating factor: SoundHound is mid-acquisition, having announced a deal for LivePerson expected to close in H2 2026, with a combined $500 million revenue opportunity. An active acquirer is harder to acquire near-term, but once the LivePerson integration is in motion, SoundHound becomes a cleaner target. Small cap, strategic AI asset, depressed price, and real enterprise traction.

What the Ranking Says Structural acquirability is about the underlying mechanics. Reddit’s control structure and valuation make it the hardest to move. Roku occupies the strategic sweet spot, where size and strategic fit converge. SoundHound carries the cleanest tuck-in profile, even with its own deal in flight. None of these companies has a reported buyer, and structural likelihood is not the same as a coming transaction. What investors can watch is the next layer of evidence: insider behavior, integration milestones at SoundHound, and how Roku’s first-party data story develops as the CTV ad market consolidates.
2026-06-13 13:31 1mo ago
2026-06-13 09:00 1mo ago
Why I'm Still Holding Every Micron Share
MU Micron Technology
FMP Stock News
Original source text
Micron guided Q3 revenue to $33.5 billion and 81% gross margins while customers receive only 50%-66% of demand. The first five-year Strategic Customer Agreement signals improving earnings visibility and reinforces memory's role as a critical AI infrastructure. Q2 generated $11.9 billion in operating cash flow, $6.9 billion in free cash flow, and a record $6.5 billion in net cash position.
2026-06-13 13:31 1mo ago
2026-06-13 08:00 1mo ago
Drugmakers race to find a place in the next wave of obesity drugs
AMGN Amgen
FMP Stock News
Original source text
watch now

Drugmakers are only months into introducing GLP-1 pills and navigating huge changes in how patients pay for weight-loss drugs.

Even so, they're already outlining their visions for the future of obesity drugs.

At the American Diabetes Association's Scientific Sessions in New Orleans last week, drugmakers pitched doctors and investors on the idea of new shots and pills, drugs that can be taken less frequently, and new treatments beyond GLP-1s that could come with fewer side effects. The attendees debated where all these new treatments might fit in, especially with Eli Lilly currently dominating the market for shots and impressing attendees with data from its experimental triple-acting drug retatrutide that produced the most weight loss seen yet.

Lilly and rival Novo Nordisk showcased new GLP-1 pills they each introduced earlier this year. Both companies made the case that oral options are bringing more people into the market for weight loss drugs, with Novo touting that prescriptions of its Wegovy pill reached more than 3 million just five months into the launch.

Behind the two market leaders are a wave of new entrants hoping to get into the massive market in the coming years.

Structure Therapeutics and AstraZeneca each shared mid-stage data from their respective GLP-1 pills. Should those oral drugs succeed in Phase 3 trials, they would likely come to the market around 2029, three years behind Lilly, which introduced its small molecule pill Foundayo earlier this year (the Wegovy pill is an oral peptide).

Structure Therapeutics CEO Ray Stevens thinks there will still be plenty of room in the market by then.

"Who wins at the end of the day with competition? Patients, and that's really what this is all about," Stevens said, adding that being the second small molecule drug will be important. "We're really pushing hard to get into that second position behind orforglipron, now Foundayo."

Pfizer also unveiled mid-stage data from a shot it gained through its $10 billion acquisition of Metsera. The drug showed the potential to be given monthly, which Pfizer thinks would be more convenient than the currently weekly shots. Another drugmaker, Amgen, is testing a different drug that could be given monthly or possibly even quarterly.

Susan Sweeney, Amgen's executive vice president of obesity and related conditions, said the company sees an advantage in people not needing to take a weekly injection and instead thinking about treatment as little as four times a year.

"For somebody who's lived with obesity for a long time, it can be a major advantage in not remembering your disease," she said.

Some companies are looking beyond GLP-1 and other hot targets like GIP and glucagon to emerging areas like amylin, another hormone produced in the pancreas that helps people feel full. One company is Zealand Pharma, which presented mid-stage data from a drug called petrelintide that it's developing with Roche.

The experimental shot helped people lose almost 11% of their body weight -- less than the currently available injections Wegovy and Zepbound. But Zealand touted that fewer people taking the drug vomited than those in the placebo group.

"I truly believe that when these amylin [drugs] launch, we can have that, what I've described as an iPhone moment, because patients are so aware of the experience they have on the GLP-1s, and once you launch a new modality that gives you a better experience, people will queue up to get access to that new weight loss medication rather than staying on the more cumbersome medicines," said Zealand CEO Adam Steensberg.

Like the other potential new entrants, it will be years before Zealand's drug becomes available. Market leader Lilly is developing its own amylin analogue called eloralintide that's already in Phase 3 trials.

At this year's ADA, Lilly also presented Phase 3 results from its triple agonist retatrutide. That drug activates the GLP-1, GIP and glucagon receptors, producing dramatic weight loss.

At the highest dose, people lost an average of 28% of their body weight when they took retatrutide and stayed on it as prescribed in the trial. Lilly CEO Dave Ricks sees the drug a way to help people with a body mass index over 40, or the highest classification of obesity, achieve a healthy weight, something that's not possible if they have an average response to Lilly's current shot Zepbound.

"We showed what's possible, which is meaningful: Almost half the people lose more than 30% of their body weight," Ricks said. "So if you do start at a higher level, you can really get to a more healthy state, which is everyone's goal, I think."

Beyond Lilly and Novo?Investors are now trying to figure out whether the market will remain a duopoly between Lilly and Novo or whether the potential new entrants will become significant players. The newcomers point to the fact that about 2.5 billion people in the world are considered overweight, and 890 million are considered obese, according to statistics from the World Health Organization.

"The big question is not the volume, it's really the pricing," said Goldman Sachs analyst Asad Haider. "Where does that end up?"

Lilly and Novo have cut the price of their weight loss shots over the past year as they compete against one another and compounding pharmacies that sell less expensive knockoff versions of their drugs. Both Lilly and Novo are also trying to improve health insurance coverage of GLP-1 drugs for weight loss.

In a few weeks, millions of seniors on Medicare will be able to access the medicines for $50 a month out of pocket.

Novo Nordisk CEO Mike Doustdar thinks that in the coming years obesity will look like mental health once did, where people labeled it as one condition.

"Today that's depression, to bipolar, to schizophrenia, to many, many different issues with very distinct, different medications, and support for the patients. We view obesity that way," he said.

With so many drugs in the pipeline, the future of treating obesity, and who uses which treatment, could look very different. At least that's what drugmakers trying to gain a bigger share of the market hope.
2026-06-13 13:30 1mo ago
2026-06-13 07:07 1mo ago
Sea: Many Positive Offsets For The Shopee Profitability Problem
SE Sea Limited
FMP Stock News
Original source text
34K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SE 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.
2026-06-13 13:29 1mo ago
2026-06-13 08:02 1mo ago
The 'Problem' With Broadcom's Guidance
AVGO Broadcom
FMP Stock News
Original source text
HomeStock IdeasLong IdeasTech 

SummaryBroadcom (AVGO) remains highly attractive despite a 20% post-earnings pullback, as margin compression is driven by product mix, not structural weakness.In reality, the Q3 gross margin guidance of 74% reflects a large $10B XPU shipment, confirming temporary margin pressure rather than deteriorating unit economics.AI revenues are projected to grow at 2x industry CAGR, with AI now comprising nearly half of AVGO's total revenues and supporting 62-66% annual growth rates.I reiterate my Bullish rating, viewing current valuation at 17.6x EV/sales as cheap given robust AI demand and margin equilibrium between software and semiconductors. J Studios/DigitalVision via Getty Images

Investment Thesis As June began, markets were excited about Broadcom’s (AVGO) Q2 ER.

The company has been the biggest beneficiary of the XPU market that is growing at near 30% CAGRs because hyperscalers

6.74K Followers

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

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-13 13:29 1mo ago
2026-06-13 08:49 1mo ago
Broadcom Suffers Liquidity Rotation And Multi-Year AI Expansion - Reiterated Strong Buy
AVGO Broadcom
FMP Stock News
Original source text
Broadcom, along with other notable semiconductor/tech names, has suffered a liquidity drain at a time of uncertain macro/geopolitical environment, worsened by the SpaceX IPO. AVGO's reiterated FY 2027 AI semiconductor revenue guidance remains a base case scenario, given the robust H1 '26 performance, promising FQ3 '26 guidance, and expanded multi-year, hyperscaler deals. Despite the notable risks from TSM facing capacity limits, AVGO's cheap P/E of 32.03x/3Y PEG of 0.57x offer a more than doubling upside potential to my LTPT of $825.
2026-06-13 13:26 1mo ago
2026-06-13 09:00 1mo ago
The Billionaire Move Nobody Saw Coming: Why Starboard Value Abandoned CRM For These 2 Stocks
ADSK AutoDesk
FMP Stock News
Original source text
Starboard Value, the activist hedge fund led by Jeff Smith, fully exited its positions in Salesforce (NYSE:CRM | CRM Price Prediction) and Autodesk (NASDAQ:ADSK) during the first quarter of 2026, disclosed in a 13F filed May 15, 2026. In their place, Smith opened brand-new long positions in Lamb Weston (NYSE:LW) and CarMax (NYSE:KMX), and added to existing stakes in Riot Platforms and TripAdvisor.

From Software Activism to Old-Economy Turnarounds Starboard’s Salesforce campaign began in late 2022 and pushed Marc Benioff toward margin expansion and discipline. Three years later, the thesis cashed in. Salesforce just posted Q1 FY27 EPS of $3.88 versus a $3.13 consensus, funded a $25 billion accelerated share repurchase, and cut diluted share count to 871 million from 970 million. The activist work was effectively done. CRM is now down around 35% year to date, suggesting Smith trimmed before the broader software valuation reset accelerated.

The rotation is what’s striking. Smith abandoned two enterprise-software names and pivoted into frozen french fries and used cars, two of the more distressed corners of the consumer economy.

The Lamb Weston and CarMax Thesis Lamb Weston is the classic Starboard setup. The stock is down nearly 46% over five years, trades at a forward P/E of 13 and is mid-restructuring. The “Focus to Win” plan targets more than $250 million of savings by fiscal year-end 2028. The company posted Q3 FY26 adjusted EPS of 72 cents versus the 61-cent consensus — a third straight beat — and raised FY26 net sales guidance to $6.45 billion to $6.55 billion. Operational momentum is real, but profitability remains compressed: GAAP net income fell 63% year over year on restructuring charges and a raw potato write-off.

CarMax is even more distressed. Shares are down nearly 56% over five years. Starboard previously disclosed a $350 million stake and nominated two directors, pushing for a better digital experience, faster cost cuts, dynamic pricing, and roughly $300 million in identified savings. New CEO Keith Barr took over March 16, 2026 and raised the SG&A exit-rate reduction target to $200 million. KMX has rallied 26% year to date, indicating the market is starting to price in execution.

Smaller Adds: Riot and TripAdvisor Riot Platforms has surged 90% year to date as its pivot to AI data center hosting takes hold, anchored by an AMD lease worth $636 million over 10 years. TripAdvisor recorded $3.3 million in shareholder activism costs in Q1, signaling an engaged activist, though no fund is named in the filing.

Should Retail Investors Follow? Smith’s pattern is consistent: enter distressed names with identifiable cost-out catalysts, then push management toward execution. CarMax already shows the activist fingerprint: new CEO, raised savings target, board reshuffle. Lamb Weston has the operational rigor but lacks confirmed activist demands. For a retirement-focused investor, KMX offers the cleaner activist roadmap, while LW carries higher idiosyncratic risk through ongoing ERP-related securities litigation and price/mix pressure. The more durable lesson is understanding why Smith left CRM (job done) and why he’s buying potatoes and used cars (job beginning).
2026-06-13 13:26 1mo ago
2026-06-13 08:44 1mo ago
RBLX EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Notifies Roblox (RBLX) Investors of Securities Class Action Lawsuit Deadline on August 7, 2026
RBLX Roblox
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Roblox To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Roblox between October 30, 2025 and April 30, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

Watch our latest video highlighting the key allegations: https://youtu.be/rFoJC-j0rW0

NEW YORK, June 13, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Roblox Corporation (“Roblox” or the “Company”) (NYSE: RBLX) and reminds investors of the August 7, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Roblox’s organic growth potential; notably, that Roblox would see a significant slowdown in its growth rates as enrollment in the age verification rollout would quickly taper, compounding the resulting slowdown in on-platform communication, resulting in app store rating reductions and a swift reduction in organic growth. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Roblox’s securities at artificially inflated prices.

On April 30, 2026, Roblox announced its financial results for the first quarter of fiscal 2026. Management slashed bookings growth guidance down to 8-12% and a corresponding decline to margin expectations. Defendants disclosed the age verification rollout had caused much more significant impacts engagement and organic growth than management had previously suggested and age check adoption had only increased to 51% global daily active users, from 45% at the end of the previous quarter.

Investors and analysts reacted immediately to Roblox’s revelation. The price of Roblox’s common stock declined dramatically. From a closing market price of $55.26 per share on April 30, 2026, Roblox’s stock price fell to $45.13 per share on May 1, 2026, a decline of about 18.33% in the span of just a single day. 

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.  

Faruqi & Faruqi, LLP also encourages anyone with information regarding Roblox’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/RBLX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Roblox Corporation Securities Class Action Lawsuit:

What is the Roblox Corporation securities fraud lawsuit about?
The Roblox Corporation securities fraud lawsuit is a federal securities class action alleging that Roblox Corporation (NYSE: RBLX) and its executives made false and misleading statements to investors by concealing that the Company's age verification rollout would cause a significant slowdown in growth rates, reduce on-platform communication, lead to app store rating reductions, and materially impair Roblox's organic growth potential. As the truth emerged on April 30, 2026 — when Roblox announced Q1 fiscal 2026 results, slashed bookings growth guidance to just 8–12%, disclosed margin deterioration, and revealed that age verification adoption had only reached 51% of global daily active users (up from just 45% the prior quarter), signaling far greater engagement impacts than management had previously suggested — RBLX's stock price fell from $55.26 to $45.13 per share, a decline of approximately 18.33% in a single day, causing significant losses for investors.

Who may be eligible to participate in the Roblox Corporation class action lawsuit?
Investors who purchased or acquired Roblox Corporation (RBLX) securities between October 30, 2025 and April 30, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Roblox securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Roblox employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Roblox Corporation lawsuit?
A lead plaintiff in the Roblox Corporation class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Roblox investor who purchased RBLX securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 7, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Roblox Corporation stock during the Class Period?
Investors who purchased Roblox Corporation (RBLX) securities between October 30, 2025 and April 30, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Roblox Corporation securities class action is August 7, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/RBLX for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5
2026-06-13 13:19 1mo ago
2026-06-13 08:19 1mo ago
LCID EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026
LCID Lucid Group
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Lucid Group To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Lucid Group between February 25, 2026 and April 13, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

NEW YORK, June 13, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lucid Group, Inc. (“Lucid Group” or the “Company”) (NASDAQ: LCID) and reminds investors of the July 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.  

Faruqi & Faruqi, LLP also encourages anyone with information regarding Lucid Group’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Lucid Group class action, go to www.faruqilaw.com/LCID or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Lucid Group, Inc. Securities Class Action Lawsuit:

What is the Lucid Group securities fraud lawsuit about?
The Lucid Group securities fraud lawsuit is a federal securities class action alleging that Lucid Group, Inc. (NASDAQ: LCID) and its executives made false and misleading statements to investors by concealing that a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity SUV and overstating the Company's manufacturing and delivery capabilities. As the truth emerged through a series of disclosures — including an April 3, 2026 announcement that only 3,093 vehicles were delivered in Q1 2026 due to a 29-day delivery disruption caused by a supplier seat defect, an April 14, 2026 filing revealing Q1 revenue of just $280–$284 million against a consensus estimate of $433.8 million and a $1.05 billion capital raise, and a May 5, 2026 earnings report showing a net loss of over $1 billion and GAAP EPS of -$3.46 — LCID's stock price fell sharply across multiple trading sessions, causing significant losses for investors.

Who may be eligible to participate in the Lucid Group class action lawsuit?
Investors who purchased or acquired Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Lucid Group securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Lucid Group employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Lucid Group lawsuit?
A lead plaintiff in the Lucid Group class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Lucid Group investor who purchased LCID stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 28, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Lucid Group stock during the Class Period?
Investors who purchased Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Lucid Group securities class action is July 28, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/LCID for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5
2026-06-13 13:17 1mo ago
2026-06-13 07:40 1mo ago
TJX: Retail's Apex Predator Feasts on Inflation
TJX TJX Companies
FMP Stock News
Original source text
If you are an investor who is looking for a portfolio defense play that does not sacrifice aggressive capital appreciation, the current retail landscape feels like a minefield. Traditional mall brands are battling severe inventory gluts, and middle-class consumers are still dealing with prolonged inflationary pressure. Discretionary income is shrinking, leaving fewer dollars for full-priced apparel and home goods.

For most retailers, this environment signals margin compression and declining foot traffic. Yet, within this distress lies a structural advantage for a select few.

Get TJX Companies alerts:

TJX Companies NYSE: TJX is actively weaponizing these macroeconomic headwinds, converting traditional retail distress into record-breaking margin expansion. By continuously capturing market share from full-price department stores, the king of off-price retail offers a defensive growth profile for investors.

TJX Companies recently traded near the $170 level, just below its 52-week high—price action validates its status as the apex predator of the consumer discretionary sector.

Feasting on Scraps: How Distress Fuels the TJX FlywheelTJX Companies Today

TJX

TJX Companies

$168.42 +0.08 (+0.04%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$119.84▼

$170.00Dividend Yield1.14%

P/E Ratio32.70

Price Target$174.58

Understanding the structural advantage requires looking at the global supply chain ecosystem.

When traditional department stores misjudge consumer demand, face sudden order cancellations, or deal with seasonal overstock, off-price retailers step in to clear out that excess high-quality inventory for pennies on the dollar.

The worse the macroeconomic environment gets for traditional apparel, the better the inventory quality and pricing power can become for opportunistic buyers like TJX Companies.

This dynamic creates a localized treasure-hunt shopping experience, a powerful driver of physical foot traffic that remains highly resilient against pure-play e-commerce competitors. An algorithm cannot replicate the thrill of discovering a designer handbag at a 70% discount.

TJX Companies' fiscal first-quarter 2027 earnings data proves the thesis. It's $1.19 in earnings per share (EPS) cleared analyst consensus estimates by a wide margin of 17 cents. Revenue expanded 9.2% year-over-year (YOY) to $14.32 billion. Marmaxx comparable store sales, the core of the business, rose a healthy 6% while generating a 90-basis-point expansion in profit margins. HomeGoods delivered even more aggressive growth, with comparable sales jumped 9%, pushing segment margins up an impressive 270 basis points.

Based on this strength, management raised its full-year fiscal 2027 outlook. Its revised gross margin targets upward to a range of 31.2% to 31.3% for the fiscal year, with pretax profit margins expected to land between 11.9% and 12.0%. This operating leverage is the engine behind a solid 57.9% return on equity.

The Shareholder Spoils: Dividends and BuybacksA business generating $6.13 per share in operating cash flow has the luxury of returning significant amounts of capital to shareholders while simultaneously funding domestic and international store expansion.

Management authorized an aggressive increase in full-year share buybacks, projecting repurchases between $2.75 billion and $3.0 billion. A corporate buyback program of this magnitude can not only reduce the share count and boost EPS, but also signal immense internal conviction in the trajectory of the balance sheet and future cash flows.

Income-focused investors also benefit from a legendary payout history. On June 9, 2026, the board declared a 48-cent-per-share quarterly dividend. This preserves a five-year streak of consecutive dividend payments, following a 13% payout hike announced in March.

TJX Companies Stock Forecast Today12-Month Stock Price Forecast:
$174.58
3.66% Upside

Buy
Based on 23 Analyst Ratings

Current Price$168.42High Forecast$197.00Average Forecast$174.58Low Forecast$133.00TJX Companies Stock Forecast Details

Navigating four decades of economic cycles, recessions, and global supply chain disruptions while consistently raising payouts is the hallmark of a bulletproof business model and disciplined capital management.

Wall Street institutions are rapidly repricing the upside potential to account for this dual-engine capital return strategy.

Analysts at Truist Securities recently raised their price target to $190, while UBS reiterated a Buy rating.

Compared to peers like Ross Stores NASDAQ: ROST and Burlington Stores NYSE: BURL, the sheer scale of its roughly $186 billion market capitalization gives TJX Companies unmatched leverage over global manufacturing hubs.

The Smart Money Bets on TJX's DefenseMarket sentiment remains broadly bullish, reflected directly in the options chain and short interest data.

Short interest is at about 1.59% of the float. With just over 14 million shares sold short and a days-to-cover ratio of 2.4, institutional investors are showing little appetite for betting against the current valuation.

Heavyweights like Bank of America Corp. and Bank of New York Mellon maintain large anchor positions, underscoring the TJX's defensive nature.

Recent headlines highlighting executive selling require context. TJX Executive Chair Carol Meyrowitz divested 55,624 shares on June 11, 2026, and CFO John Klinger sold 6,235 shares earlier in the month for roughly $1 million. These sales followed recent Form 144 filings and appear tied to previously awarded equity compensation, making them less alarming than open-market selling based on a changed view of the business.

Is TJX's Premium Price Tag Worth Paying For?The fundamental data validates the off-price dominance thesis. Strained discretionary income will continue to force middle-class shoppers to abandon full-price retail in favor of discount channels. The resulting margin expansion appears structurally permanent as long as macroeconomic pressure persists. TJX Companies operates as the ultimate vacuum for retail distress, turning competitors' overstock problems into record-breaking cash flow.

Investors must weigh the current valuation multiple before deploying capital.

TJX Companies trades at a trailing price-to-earnings (P/E) ratio of 32.6 and a forward P/E ratio of 32.5. A premium multiple demands flawless execution. Any sudden deceleration in comparable store sales or unforeseen logistics bottlenecks could trigger a near-term pricing correction. This elevated multiple represents the fundamental cost of admission for holding the highest-quality asset in the discount apparel sector.

The primary risk is a rapid economic recovery that reinvigorates full-price retailers, potentially tightening the supply of deeply discounted, high-quality inventory for TJX Companies.

Cautious investors might consider adding TJX Companies to their watchlist and utilizing potential broader market pullbacks to initiate a position. Establishing exposure during periods of temporary market weakness could allow investors to capture the long-term structural tailwinds of the off-price retail ecosystem without overpaying at peak valuation levels.

Should You Invest $1,000 in TJX Companies Right Now?Before you consider TJX Companies, you'll want to hear this.

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2026-06-13 13:16 1mo ago
2026-06-13 07:36 1mo ago
Weekend Morning Brew: SpaceX IPO Soars; GSK Acquires Nuvalent
PARA Paramount Global
FMP Stock News
Original source text
Weekly Market HighlightsThe week reflected a mixed performance in the market, with 647 stocks gaining more than 10% while 933 stocks declined by more than 10%, underscoring significant volatility.Overall market breadth favored advancers with 5,437 stocks rising compared to 4,060 falling, while the mean weekly return was 5.79% and the median return was 0.8%, indicating a skew towards more modest gains among a majority of stocks.For the week, S&P 500 (SPY) gained 0.57%, Nasdaq (QQQ) gained 2.31%, and Dow Jones Industrial Average (DIA) gained 0.66%.The best-performing sectors were Consumer Cyclical, up 3.98%, Basic Materials, up 3.28%, and Consumer Defensive, up 2.43%. Market News HighlightsSpaceX IPO raises $75 billion on Friday (Jun 11): SpaceX SPCX made its historic NASDAQ debut at $135 per share, achieving a valuation of $1.8 trillion, making it the largest IPO in history and contributing to significant wealth for thousands of employees. Source: CNBC.GSK acquires Nuvalent for $10.6 billion on Thursday (Jun 9): GlaxoSmithKline GSK has agreed to acquire Nuvalent NUVL in an all-cash deal, marking a significant expansion into lung cancer treatments. Source: CNBC.Oracle stock plummets on funding announcement: Oracle ORCL announced plans to raise $40 billion for data center expansion, resulting in a more than 10% drop in stock price despite beating earnings expectations. Source: CNBC.President Trump comments on inflation surge: President Trump stated he "loves the inflation" as annual inflation reached its highest level in three years, linking rising prices to geopolitical tensions in Iran. Source: NBC News.Broad market rallies amid peace hopes: Global stock indices saw significant gains following signals of a potential Iran ceasefire, with major indices rising over 1.7% on Tuesday (Jun 10). Source: CNBC.AI stocks rebound with Nvidia leading the charge: Nvidia NVDA confirmed an expanded collaboration with SK Hynix to supply AI chips, contributing to a broader recovery in AI-related stocks this week. Source: Fortune.Airline profits suffer amid fuel cost surge: The International Air Transport Association has reduced its 2026 profit forecasts for airlines by nearly half, citing rising jet fuel costs driven by Middle Eastern conflicts. Source: AP News.EU raises interest rates in response to inflation: The European Central Bank hiked rates to 2.25%, the first increase in over a year, attributed to energy-driven inflation from the Iran conflict. Source: CNBC.AI IPOs on the horizon create market buzz: Upcoming IPOs from AI firms such as OpenAI and Anthropic are anticipated to fuel market activity, raising concerns among analysts about liquidity and valuation bubbles. Source: Fortune.Nvidia announces 25-fold dividend hike: Nvidia (NVDA) has increased its quarterly dividend significantly, reflective of robust ongoing financial performance driven by AI growth. Source: Motley Fool.McDonald's incident highlights employee safety concerns: A McDonald’s employee in California was injured in an altercation, drawing attention to safety measures within fast-food environments. Source: NBC News.Paramount-Warner Bros. merger receives DOJ approval: The U.S. Department of Justice cleared Paramount's (PSKY) $110 billion acquisition of Warner Bros. Discovery WBD , though challenges remain. Source: CNBC.Airlines warn of higher fares as costs rise: Industry executives indicated that rising oil prices and new regulations will lead to increased fares amidst profit margin pressures. Source: The Guardian.China's oil import cuts stabilize market prices: Despite escalating tensions, China’s strategies in managing oil imports have helped maintain steady prices around $94 per barrel. Source: Fortune.Supreme Court ruling impacts investor rights: A recent Supreme Court decision limits the ability of private investors to sue under the Investment Company Act, emphasizing federal regulatory oversight. Source: Newsweek.Jet fuel costs impact airline profits: The significant increase in jet fuel spending has led airlines to adjust their profit forecasts dramatically, prompting concerns about possible fare hikes for travelers. Source: AP News.Major retailers reevaluate benefits for GLP-1 medications: As the market for obesity treatments grows, large employers are reconsidering coverage for GLP-1 medications, reflecting rising healthcare costs associated with their usage. Source: Yahoo Finance.AI collaborations expand in healthcare sector: Partnerships between health tech startups and established companies like Eli Lilly (LLY) and Nvidia (NVDA) are advancing AI in clinical practices, marking a shift in healthcare documentation. Source: Fortune.Expectations build for upcoming inflation data: Market analysts are gearing up for the upcoming consumer price index report, with predictions of further inflationary pressure due to rising energy costs. Source: CNBC.```

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
2026-06-13 13:15 1mo ago
2026-06-13 08:00 1mo ago
Rivian CEO taking different approach than Elon Musk for humanoid robotics company
RIVN Rivian Automotive
FMP Stock News
Original source text
PARK CITY, Utah — Rivian Automotive CEO RJ Scaringe envisions a day in the not-so-distant future when the electric vehicle maker's manufacturing employees will have a new type of colleague: humanoid robots.

"There's going to be thousands of people that are collaborating alongside these robots. They're going to be taking pictures, 'Hey, check this out! My co-worker's name is Phil, and he's a robot,'" Scaringe said during a media event for the launch of the Rivian R2 EV.

The 43-year-old automotive enthusiast and tech entrepreneur started a robotics company last year called Mind Robotics. The company has raised more than $1 billion, according to Scaringe.

Humanoid robots are designed to be shaped and move like people. Artificial intelligence algorithms power their abilities along with complex hardware like semiconductors. Proponents say they could be used in various settings, from factories to hospitality and even in the home, while others have raised concerns about the devices replacing human jobs.

Scaringe said the company expects to reveal its first product in less than a year, with Rivian as a large minority shareholder and launch customer. Mind currently has roughly 20 open positions ranging from software and hardware engineers to data architects, according to its website.

Scaringe, who is executive chair and acting CEO of Mind, told CNBC that the plan is to keep the robotics company separate from Rivian, as opposed to the automaker partially shifting to make humanoid robots, like Tesla CEO Elon Musk is doing with his company.

"We have a deep relationship, and that was actually how we structured it," Scaringe said during an interview. "A big part of structuring the business was to allow me to be able to spend time on both."

The robotics strategy adds to a narrative of Scaringe doing things differently than Musk, despite obvious similarities in their companies. There have been enough comparisons that Rivian has even been called the "anti-Tesla" and Scaringe has been referred to as the "anti-Elon."

"I'd say there's a lot of alignment there, and I think that's because, obviously, I'm biased, but I think they're right ... that autonomy is a super important technology," Scaringe said about Tesla and Rivian. "But in terms of the products, they, in many ways, couldn't be more different."

So far Rivian and Mind are assisting each other, though, much like Musk's companies have also done during developmental phases. That includes Musk's xAI company merging with SpaceX before the company's record-setting initial public offering on Friday as well as SpaceX purchasing vehicles from Tesla.

Scaringe said Rivian will be a "huge beneficiary" of Mind, which is using data from Rivian for training its AI models. Along with Rivian's equity stake, the automaker will be Mind's first customer for the robots.

"We realized it was such a big opportunity that deserved to be its own company," said Scaringe. He said he believes there is a multitrillion-dollar total addressable market for industrial labor.

Scaringe was visibly excited when speaking with media about the potential for AI and humanoid robotics, calling it "one of the most exciting times, perhaps in human history."

"One hundred years from now, they're going to be inheriting the work that we do over our lifetimes, and so I just think we're so lucky that we get to be alive at the birth of AI," Scaringe said.

Despite the optimism for humanoid robots, Scaringe said he expects the devices to work alongside humans rather than replace them completely for the foreseeable future, saying it takes a "long time" for vehicle assembly plants to become so-called "dark factories" which can be almost entirely run by robots.

"What I see happening is the simplest tasks will be taken on by robots. The more complex tasks that require higher levels of reasoning or more complex, more tactile levels of dexterity [will be done by humans]," he said.

Scaringe said manufacturers are dealing with an "extreme lack of labor," from other automakers. Rivian currently has more than 30 open manufacturing and engineering jobs, according to the company's website.

The need for such workers, as well as the rapid development of AI, Scaringe believes, will mean human employees will be working alongside a robot named "Phil" far sooner than they may expect.

"The rate at which this is moving is far faster than I'd say — like an order of magnitude faster — than the average person in society understands," he said. "That's going to be a particularly big challenge in the short-term to just have the average person … realize how fast the models are learning and how capable they are at doing almost everything."

— CNBC's Arjun Kharpal contributed to this report.
2026-06-13 13:06 1mo ago
2026-06-13 08:51 1mo ago
NNN REIT: Stability Over Growth Can Be Buyable
NNN National Retail Properties
FMP Stock News
Original source text
HomeDividends AnalysisREITs AnalysisReal Estate Analysis

SummaryNNN REIT remains a buy for its unmatched defensive profile and disciplined acquisition strategy, favoring small, high-quality deals.NNN boasts a diversified portfolio with 3,700+ properties, 98.6% occupancy, and a 10.2-year WALT, reflecting robust tenant health and lease management.Management raised 2026 AFFO and core FFO guidance, now targeting 3.5% AFFO growth, with a conservative 68.4% payout ratio supporting 36 consecutive dividend increases.NNN trades at a 13.1x forward P/FFO, below sector peers, offering value and stability for income-focused investors despite macroeconomic and rate risks. Mongkol Onnuan/iStock via Getty Images

I've covered NNN REIT (NNN) many times before. The last time I covered it was 3 months ago. I said it was a buy. And since then, it delivered less than 5% total return.

5.09K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NNN, O, ADC 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.

The information, opinions, and thoughts included in this article do not constitute an investment recommendation or any form of investment advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-13 13:05 1mo ago
2026-06-13 08:30 1mo ago
3 High Backlog Defense Stocks to Buy in June
NOC Northrop Grumman
FMP Stock News
Original source text
Defense contractors have spent the past year doing exactly what they are designed to do: Deliver predictable cash flow, lean on multi-year backlogs and reprice higher as geopolitical risk refuses to fade. With $52.9 billion earmarked for critical munitions in the FY 2027 Department of War budget request and defense ranked the standout ETF theme of 2025, the sector backdrop heading into mid-2026 favors scale, contract visibility, and production capacity.

Below are three names worth a closer look this month, each with a tool-verified data point grounding the thesis.

Lockheed Martin: The Backlog Anchor Lockheed Martin (NYSE:LMT | LMT Price Prediction) trades at $525.02 as of June 10, with shares up 10% year to date and 13% over the past year. The forward P/E sits at 17, the dividend yield at roughly 3% and the analyst target price stands at $625.16.

The bull case rests on a record $194 billion backlog representing more than 2.5 years of sales and the recently signed multi-year framework agreements with the Department of War for Patriot, THAAD, and PrSM. CEO Jim Taiclet said the deals will “increase production rates of these critical systems by three to four times current rates,” locking in demand against a budget environment that wants more munitions, faster. FY2026 guidance was reaffirmed at $77.5 billion to $80.0 billion in sales and diluted EPS of $29.35 to $30.25, with operating profit expected to grow approximately 25% year over year.

The caveat is real. Q1 2026 EPS of $6.44 missed the $6.70 consensus, free cash flow turned negative at -$291 million, and a $125 million unfavorable F-16 charge reminded investors that fixed-price program risk has not gone away. The backlog buys patience; execution still needs to improve.

Northrop Grumman: The B-21 Inflection Northrop Grumman (NYSE:NOC) trades at $542.14, down 4% year to date but still up 13% over 12 months. Trailing P/E sits at 17, forward P/E at 20, and dividend yield at 2%. The analyst target of $696.95 implies meaningful upside, with four Strong Buys and 10 Buys against nine holds. Sentiment screens bullish at a composite score of 64.72.

The thesis is straightforward: B-21 has flipped from drag to driver. Aeronautics Systems swung from a $183 million operating loss in Q1 2025 to $305 million in operating income in Q1 2026, tied to the absence of a prior-year $477 million B-21 loss provision. Backlog hit a record $95.61 billion, CEO Kathy Warden cited an “unprecedented global demand environment”, and the company secured a U.S. Air Force agreement to expand B-21 production capacity. FY2026 guidance calls for sales of $43.5 billion to $44.0 billion and MTM-adjusted EPS of $27.40 to $27.90.

The risk: Q1 operating cash flow came in at -$1.656 billion on working capital timing, and the B-21 remains a fixed-price development program. A $71 million unfavorable EAC adjustment on GEM 63XL is a reminder that any single program can bite.

RTX: The Diversified Compounder RTX (NYSE:RTX) — parent company of Raytheon, Pratt & Whitney and Collins Aerospace — trades at $177.41. Shares are down 3% year to date but have gained 30% over the past year. Forward P/E is 26, dividend yield is 2%, and the analyst target is $215.73.

RTX is the only one of the three to raise 2026 guidance this cycle. Q1 adjusted EPS of $1.78 beat the $1.52 consensus by 17%, marking the fourth consecutive quarterly beat. Management lifted full-year sales guidance to $92.5 billion to $93.5 billion and adjusted EPS to $6.70 to $6.90. The backlog of $271 billion, split $162 billion commercial and $109 billion defense, is the largest of the three primes and the most diversified. CEO Chris Calio pointed to “organic sales and adjusted operating profit growth across all three segments,” with Raytheon adjusted operating profit up 25% on Patriot, GEM-T and naval munitions demand and Pratt commercial aftermarket up 19%.

The caveat involves the Pratt & Whitney powder metal matter requiring accelerated GTF fleet inspections and removals, ongoing tariff headwinds at Collins and Pratt, and pending DOJ deferred prosecution agreements and SEC investigations. The valuation also leaves less margin for error than the other two.

This infographic provides a detailed financial overview for Lockheed Martin (LMT), Northrop Grumman (NOC), and RTX (RTX), including their performance, key metrics, and market outlooks as of June 10, 2026. What to Watch Next Three contracts, three risk profiles, one shared tailwind. Lockheed offers the highest backlog-to-sales ratio and the cleanest yield. Northrop carries the most operational leverage as B-21 scales. RTX provides the broadest diversification and the only raised 2026 outlook.

With $60 billion allocated to munitions development and procurement in the FY 2027 request and framework agreements rewiring how Washington buys weapons, June sets up as a month where execution, not orders, will separate the leaders.
2026-06-13 13:00 1mo ago
2026-06-13 06:32 1mo ago
Capital One: A 27% Sell-Off Creates A Compelling Entry Point
COF Capital One Financial
FMP Stock News
Original source text
Capital One is rated buy as the Discover integration creates scale, despite a 27% YTD stock decline. COF now commands a 24% credit card revenue share, surpassing Visa and Mastercard standalone, with efficiency ratio improvements expected. Credit risk remains the key concern, but delinquency and net charge-off ratios are stabilizing post-Discover, supporting a positive outlook.
2026-06-13 13:00 1mo ago
2026-06-13 08:15 1mo ago
Did Berkshire Hathaway Just Make a $6.8 Billion Bet on a Housing Rebound?
BRK-B Berkshire Hathaway (B)
FMP Stock News
Original source text
Greg Abel replaced Warren Buffett as CEO of Berkshire Hathaway (BRKA +0.73%)(BRKB +0.55%) at the start of 2026. Wall Street was waiting for him to make his first big move, which he did on May 31, when it was announced that Berkshire Hathaway was buying homebuilder Taylor Morrison Home (TMHC 0.01%) for $6.8 billion. What should investors read into this move? Perhaps not as much as some believe.

Wall Street is always looking for clues When Warren Buffett was running the show at Berkshire Hathaway, investors were always trying to decipher his actions and words. The thought being that figuring out why Buffett was doing something would lead to other investment opportunities. Wall Street has continued down that same path with Buffett's successor, Greg Abel, with some arguing that the purchase of Taylor Morrison is a signal that a housing rebound is in the cards.

Image source: Getty Images.

Buffett was not a great investor because he could time the market or accurately pick the inflection point for individual sectors. He was a great investor because he could see the long-term value in businesses and hold them to benefit from their growth over time. Yes, he had a value bias, preferring to buy when businesses were on sale. But he wasn't trying to time anything; he was simply attempting to buy good companies when they were attractively priced.

Greg Abel has worked with Buffett for decades, and it is highly unlikely that his decision to buy Taylor Morrison is driven by the expectation that the homebuilder sector will suddenly take off. In fact, given Taylor Morrison's valuation, a good price was likely the main draw. At the current stock price, which is hovering near Berkshire Hathaway's offer price, the stock's price-to-sales ratio is roughly 0.9x.

Other major homebuilders are notably more expensive. For example, D.R. Horton (DHI 0.22%) has a P/S ratio of 1.3x. PulteGroup's (PHM 0.67%) P/S ratio is 1.4x. And Toll Brothers' (TOL 0.07%) P/S ratio is nearly 1.3x. Lennar (LEN 4.90%), however, has a P/S ratio of 0.7x, which suggests that it is still attractively priced relative to other major homebuilders.

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Berkshire Hathaway isn't hiding its logic What is most interesting here is that Abel was very upfront about his vision for Taylor Morrison. In the news release announcing the deal, he stated: "Over time, we expect to unify our site-built homebuilding operations into a combined platform enabling us to deliver the dream of homeownership to more Americans." In other words, this is one piece of a larger portfolio that will create value over time as Berkshire Hathaway's housing operations are integrated into a single, more cohesive business, rather than operating each business individually.

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$

90.30

This is the really big takeaway from the deal. Buffett was a very hands-off investor. He bought businesses and allowed their leaders to run them. Buffett generally only stepped in when asked or when problems arose. Abel is expected to have a more hands-on approach. Buying Taylor Morrison with the clear intention of integrating Berkshire Hathaway's housing operations is an early sign that Abel will deliver on expectations for a more active management approach.

Don't dig too deeply into this deal Another important factor to consider with Berkshire Hathaway's Taylor Morrison purchase is its scale. At $6.8 billion, it is a large acquisition, but it is relatively small for a $1 trillion market-cap Berkshire Hathaway, which ended the first quarter with nearly $400 billion in cash on its balance sheet. It is far more likely that this is a strategic, long-term investment than a big bet on a housing rebound.
2026-06-13 12:50 1mo ago
2026-06-13 07:16 1mo ago
CVLT EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Commvault (CVLT) Investors of Securities Class Action Lawsuit Deadline on July 17, 2026
CVLT CommVault Systems
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Commvault To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Commvault between April 29, 2025 and January 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Commvault Systems, Inc. ("Commvault" or the "Company") (NASDAQ: CVLT) and reminds investors of the July 17, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

Defendants provided investors with material information pertaining to Commvault's projected ARR growth for fiscal year 2026. Defendants' statements included, among other things, misleading guidance and projections related to the Company's new net ARR growth. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company's ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Commvault's securities at artificially inflated prices.

On January 27, 2026, Commvault reported financial results for the third quarter of fiscal 2026 ended December 31, 2025, including "40% growth in SaaS ARR to $364 million," as noted by the Company's Chief Accounting Officer ("CAO") during the earnings call to discuss these results. Additionally, the CAO said "60% of our deals actually closed in the last few weeks of the quarter." According to Bloomberg Intelligence, "SaaS ARR growth of 40% represents a meaningful deceleration from 56%" reported for the second quarter fiscal 2026.

Following this news, Commvault stock declined over 31% on January 27, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Commvault's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Commvault class action, go to www.faruqilaw.com/CVLT or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Commvault Systems Securities Class Action Lawsuit:

What is the Commvault Systems securities fraud lawsuit about?

The Commvault Systems securities fraud lawsuit is a federal securities class action alleging that Commvault Systems, Inc. (NASDAQ: CVLT) and its executives made false and misleading statements to investors by providing materially misleading guidance and projections related to the Company's annual recurring revenue (ARR) growth while concealing that its ARR growth guidance failed to properly account for crucial variables - such as the type of sale - that significantly affected the Company's true growth trajectory. As the truth emerged on January 27, 2026, when Commvault reported Q3 fiscal 2026 results showing SaaS ARR growth of only 40% - a meaningful deceleration from 56% in the prior quarter - CVLT's stock price fell over 31% in a single day, causing significant losses for investors.

Who may be eligible to participate in the Commvault Systems class action lawsuit?

Investors who purchased or acquired Commvault Systems (CVLT) stock between April 29, 2025 and January 26, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Commvault securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Commvault employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Commvault Systems lawsuit?

A lead plaintiff in the Commvault Systems class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Commvault investor who purchased CVLT stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 17, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Commvault Systems stock during the Class Period?

Investors who purchased Commvault Systems (CVLT) stock between April 29, 2025 and January 26, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Commvault Systems securities class action is July 17, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/CVLT for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301299

Source: Faruqi & Faruqi LLP

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2026-06-13 12:37 1mo ago
2026-06-13 06:00 1mo ago
Results from Incyte's Pivotal Phase 3 frontMIND Trial of Tafasitamab (Monjuvi®/Minjuvi®) Combination Presented at the 2026 European Hematology Association (EHA) Congress Plenary Showed Prolonged Progr
FL Foot Locker
FMP Stock News
Original source text
Incyte (Nasdaq:INCY) today announced positive results from the pivotal Phase 3 frontMIND trial evaluating the efficacy and safety of tafasitamab (Monjuvi®/Minjuvi®), a humanized Fc-modified cytolytic CD19-targeting monoclonal antibody, and lenalidomide added to R-CHOP (rituximab, cyclophosphamide, doxorubicin, vincristine and prednisone; Tafa-Len-R-CHOP) versus R-CHOP, the current standard of care, as a first-line treatment for adults with previously untreated diffuse large B-cell lymphoma (DLBCL) or high-grade B-cell lymphoma (HGBL). Eligible patients had an International Prognostic Index (IPI) score of 3-5, or, for patients ≤60 years of age, an age-adjusted IPI (aaIPI) of 2-3.

These data are being highlighted in a prestigious Plenary Abstracts Session at the European Hematology Association (EHA) 2026 Congress, being held June 11 - 14, 2026, in Stockholm, Sweden (Abstract # S101. Plenary Abstract Session. June 13, 6:00 - 7:30 a.m. ET [12:00-1:30 p.m. CEST]). frontMIND results were also recently published in The Lancet.

“These frontMIND data reinforce the potential of Tafa-Len-R-CHOP to meaningfully change the first-line treatment landscape for patients with high-risk DLBCL or HGBL, for which outcomes have remained unchanged for decades,” said Steven Stein, M.D., Executive Vice President, Chief Medical Officer and Head of Late-stage Development, Incyte. “With encouraging efficacy observed across prespecified subgroups regardless of cell-of-origin (COO) molecular subtype, we believe these findings position this therapy as a compelling potential new standard of care and support our continued efforts to bring it to patients who are in need of other efficacious treatment options.”

The results, which build on previously reported topline data and also recently announced at the 2026 American Society of Clinical Oncology Annual Meeting, showed Tafa-Len-R-CHOP resulted in statistically significant and clinically meaningful improvements in progression-free survival (PFS).

Efficacy Data

A 25% reduction in risk of disease progression or death demonstrated with Tafa-Len-R-CHOP compared with R-CHOP (HR 0.75 [P=0.0194]; 95% CI: 0.59, 0.96; median follow-up of 35.2 months). PFS increase of 8.2% at 2 years (71.1% with Tafa-Len-R-CHOP vs. 62.9% with R-CHOP) and a PFS increase of 6.6% at 3 years (67.3% with Tafa-Len-R-CHOP vs. 60.7% with R-CHOP). Tafa-Len-R-CHOP trends toward PFS advantage were broadly consistent across prespecified subgroups, including patients with centrally confirmed lymphoma subtypes and across COO molecular subtypes (ABC [Activated B-cell-like] and GCB [Germinal Center B-cell-like]). Tafa-Len-R-CHOP significantly improved event-free survival (EFS) compared to R-CHOP (HR 0.79 [P=0.0260] 95% CI: 0.64, 0.97; median follow-up of 35.4 months). Interim overall survival (OS) analysis demonstrated a positive trend toward improvement (HR=0.85 [P=0.2703] 95% CI: 0.63, 1.14, median follow-up of 35.9 months). Minimal residual disease (MRD)-negativity rate was 81.3% with Tafa-Len-R-CHOP and 66.7% with R-CHOP. “A key goal in frontline treatment is to potentially prevent relapse, and spare patients from requiring additional therapies later. This is particularly meaningful for high-risk DLBCL and HGBL patients, where new treatment approaches are needed,” said Dr. Georg Lenz, University Hospital Münster and principal investigator of the frontMIND study. “The frontMIND results are especially encouraging because the addition of tafasitamab and lenalidomide improved outcomes without compromising delivery of the R-CHOP backbone, which remains fundamental to achieving better outcomes for patients.”

Safety Data
Tafa-Len-R-CHOP was generally well tolerated, and safety was consistent with the expected safety profile of adding Tafa-Len to R-CHOP. Safety findings included:

The most common treatment-emergent adverse events (TEAEs) for Tafa-Len-R-CHOP were neutropenia (70.7%), anemia (46.3%) and peripheral neuropathy (40.6%). Any grade TEAEs were similar in both treatment arms (98.6% vs 97.1%). More Grade ≥3 TEAEs occurred with Tafa-Len-R-CHOP (86.7%) vs R-CHOP (76.1%). The most common Grade 3 TEAEs for Tafa-Len-R-CHOP group were anemia (22.8%), thrombocytopenia (13.1%) and neutropenia (12.4%) vs. anemia (15.9%), febrile neutropenia (8.7%) and thrombocytopenia (6.7%) for R-CHOP. Incremental safety events observed with Tafa-Len-R-CHOP were well managed and did not interfere with the delivery of the R-CHOP backbone. Rates of TEAEs leading to discontinuation of all study treatment were similar between the two groups (5.2% for Tafa-Len-R-CHOP and 5.4% for R‑CHOP) - a higher rate of fatal TEAEs was observed with Tafa-Len-R-CHOP (5.9% vs 3.8% with R-CHOP), however there were fewer overall deaths with Tafa-Len-R-CHOP (82 [18.5%]) compared to R-CHOP (97 [21.7%]), consistent with the positive trend observed in overall survival. The frontMIND data support global regulatory applications for tafasitamab and lenalidomide in addition to R-CHOP for previously untreated DLBCL and HGBL.

About DLBCL
Diffuse large B-cell lymphoma (DLBCL) is the most common type of non-Hodgkin lymphoma (NHL) in adults worldwide, representing 40% of all cases.1 It is characterized as an aggressive, fast-growing type of lymphoma that can emerge in lymph nodes or extranodal sites such as the gastrointestinal tract, skin and brain.2 Each year, approximately 24,000 people in the U.S. and up to 36,000 people in Europe are diagnosed with DLBCL.3,4 With about 40% of these patients not responding to initial therapy or relapsing thereafter5,6, there is a high medical need for new, effective therapies, particularly for high-risk patients.

About frontMIND
The frontMIND trial (NCT04824092) is a randomized, double-blind, placebo-controlled, global Phase 3 study in patients with previously untreated high-risk diffuse large B-cell lymphoma (DLBCL) and high-grade B-cell lymphoma (HGBL).

The study enrolled 899 adults (≥18 to ≤80 years) and is evaluating the efficacy and safety of tafasitamab and lenalidomide added to R-CHOP (rituximab, cyclophosphamide, doxorubicin, vincristine and prednisone) compared with R-CHOP.

The primary endpoint of the study is investigator-assessed progression-free survival (PFS) using the Lugano 2014 criteria. Key secondary endpoints include event-free survival (EFS) by investigator assessment and overall survival (OS).

For more information about the frontMIND trial, please visit https://www.clinicaltrials.gov/study/NCT04824092.

About Tafasitamab (Monjuvi®/Minjuvi®)
Tafasitamab (Monjuvi®/Minjuvi®) is a humanized Fc-modified cytolytic CD19-targeting monoclonal antibody. Tafasitamab incorporates an XmAb® engineered Fc domain, which mediates B-cell lysis through apoptosis and immune effector mechanism including Antibody-Dependent Cell-Mediated Cytotoxicity (ADCC) and Antibody-Dependent Cellular Phagocytosis (ADCP). Incyte licenses exclusive worldwide rights to develop and commercialize tafasitamab from Xencor, Inc.

In the U.S., Monjuvi® (tafasitamab-cxix) is approved by the U.S. Food and Drug Administration in combination with lenalidomide and rituximab for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL). Additionally, Monjuvi received accelerated approval in the United States in combination with lenalidomide for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL) not otherwise specified, including DLBCL arising from low grade lymphoma, and who are not eligible for autologous stem cell transplant (ASCT).

Monjuvi is not indicated and is not recommended for the treatment of patients with relapsed or refractory marginal zone lymphoma outside of controlled clinical trials.

In Europe, Minjuvi® (tafasitamab) received conditional Marketing Authorization from the European Medicines Agency in combination with lenalidomide, followed by Minjuvi monotherapy, for the treatment of adult patients with relapsed or refractory DLBCL who are not eligible for ASCT. In addition, in December 2025, the EMA approved Minjuvi, in combination with lenalidomide and rituximab, for the treatment of adult patients with relapsed or refractory FL (Grade 1-3a) after at least one line of systemic therapy.

In Japan, Minjuvi is approved in combination with rituximab and lenalidomide for adult patients with relapsed or refractory follicular lymphoma (2L+ FL).

XmAb® is a registered trademark of Xencor, Inc.

Monjuvi and Minjuvi are registered trademarks of Incyte.

IMPORTANT SAFETY INFORMATION

What are the possible side effects of MONJUVI?
MONJUVI may cause serious side effects, including:

Infusion reactions. Your healthcare provider will monitor you for infusion reactions during your infusion of MONJUVI. Tell your healthcare provider right away if you get fever, chills, flushing, headache, or shortness of breath during an infusion of MONJUVI. Low blood cell counts (platelets, red blood cells, and white blood cells). Low blood cell counts are common with MONJUVI, but can also be serious or severe. Your healthcare provider will monitor your blood counts during treatment with MONJUVI. Tell your healthcare provider right away if you get a fever of 100.4°F (38°C) or above, or any bruising or bleeding. Infections. Serious infections, including infections that can cause death, have happened in people during treatment with MONJUVI and after the last dose. Tell your healthcare provider right away if you get a fever of 100.4°F (38°C) or above, or develop any signs and symptoms of an infection. The most common side effects of MONJUVI include:

Feeling tired or weak Diarrhea Cough Fever Swelling of lower legs or hands Respiratory tract infection Decreased appetite These are not all the possible side effects of MONJUVI. Your healthcare provider will give you medicines before each infusion to decrease your chance of infusion reactions. If you do not have any reactions, your healthcare provider may decide that you do not need these medicines with later infusions. Your healthcare provider may need to delay or completely stop treatment with MONJUVI if you have severe side effects.

Call your doctor for medical advice about side effects. You may report side effects to FDA at 1-800-FDA-1088.

Before you receive MONJUVI, tell your healthcare provider about all of your medical conditions, including if you:

Have an active infection or have had one recently. Are pregnant or plan to become pregnant. MONJUVI may harm your unborn baby. You should not become pregnant during treatment with MONJUVI. Do not receive treatment with MONJUVI in combination with lenalidomide if you are pregnant because lenalidomide can cause birth defects and death of your unborn baby. You should use an effective method of birth control (contraception) during treatment and for at least 3 months after your final dose of MONJUVI. Tell your healthcare provider right away if you become pregnant or think that you may be pregnant during treatment with MONJUVI. Are breastfeeding or plan to breastfeed. It is not known if MONJUVI passes into your breastmilk. Do not breastfeed during treatment for at least 3 months after your last dose of MONJUVI. You should also read the lenalidomide Medication Guide for important information about pregnancy, contraception, and blood and sperm donation.

Tell your healthcare provider about all the medications you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements.

Please see the full Prescribing Information for Monjuvi, including Patient Information, for additional Important Safety Information.

About Incyte®
Incyte is redefining what’s possible in biopharmaceutical innovation. Through deep scientific expertise and a relentless focus on patients, we have built an established portfolio of first-in-class medicines and an extensive portfolio of next-generation medicines across our key franchises: Hematology, Oncology and Inflammation & Autoimmunity.

To learn more, visit Incyte.com and Investor.Incyte.com. Follow us on social media: LinkedIn, X and Instagram.

Incyte Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding whether and when tafasitamab may provide a successful treatment option for patients with DLBCL and HGBL, the potential and promise suggested by the Phase 3 frontMIND results, the potential for Tafa-Len-R-CHOP to become a new standard of care option in the first-line treatment of DLBCL, Incyte’s plans to advance its global regulatory filings for tafasitamab and Incyte’s aspirations and goals as set forth under the heading “About Incyte”.

Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including Incyte’s ability to demonstrate the efficacy and safety of its products and product candidates; the sufficiency of clinical trial data to meet applicable regulatory standards or warrant continued development; the ability to enroll sufficient numbers of subjects in clinical trials; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials and marketing approval; Incyte’s ability to achieve commercial success for its marketed products and product candidates, if approved; Incyte’s ability to obtain and maintain protection of intellectual property for its products and technology; Incyte’s reliance on third parties and partners; the acceptance of Incyte’s products in the marketplace; market competition, sales, marketing, manufacturing and distribution requirements; and those risks and uncertainties discussed in greater detail in Incyte’s reports filed with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K and its quarterly report on Form 10-Q for the quarter ended March 31, 2026. Incyte disclaims any intent or obligation to update these forward-looking statements.

Wang S. Epidemiology and etiology of diffuse large B-cell lymphoma. Semin Hematol. 2023 Nov;60(5):255-266. Skrabek, P., et al. (2019). Emerging Therapies for the Treatment of Relapsed or Refractory Diffuse Large B Cell Lymphoma. Current Oncology, 26(4), 253-265. Chihara D, et al. Clin Lymphoma Myeloma Leuk. 2022;22(12):e1092-e1099. GLOBOCAN 2020 Cancer Today. Swerdlow SH, et al. Blood. 2016;127(20):2375-2390. Kanas G, et al. Leuk Lymphoma. 2021;63:54-63.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260613831839/en/
2026-06-13 12:33 1mo ago
2026-06-13 07:00 1mo ago
New TALVEY® (talquetamab-tgvs) plus DARZALEX FASPRO® (daratumumab and hyaluronidase-fihj) data demonstrate the strength of a bispecific combination in earlier-line relapsed or refractory multiple myel
CRS Carpenter Technology Corporation
FMP Stock News
Original source text
New TALVEYÂ (talquetamab-tgvs) plus DARZALEX FASPROÂ (daratumumab and hyaluronidase-fihj) data demonstrate the strength of a bispecific combi
2026-06-13 12:31 1mo ago
2026-06-13 08:16 1mo ago
3 'Boring' Dividend Stocks With Tasty Technical Setups
EPD Enterprise Products Partners
FMP Stock News
Original source text
Not every opportunity in the market needs to involve AI, rockets, or triple-digit revenue growth. Some of the most reliable returns come from the least exciting corners of the market: tobacco, pipelines, and single-tenant retail real estate.

The three names below are unrelated to the technology trade. What they do have is meaningful dividend yields, durable cash flows, and, perhaps most interestingly right now, technical setups that suggest the quiet outperformance they have delivered this year may have further to run. For income investors who also appreciate a constructive chart, these three are worth a closer look.

Get Altria Group alerts:

Altria: A Near 6% Yield and an Almost 24% YTD GainAltria NYSE: MO is about as far from a momentum trade as it gets, yet the stock is quietly up almost 24% year to date, outpacing the broader market by a wide margin. The tobacco giant behind Marlboro in the U.S. pays a dividend yielding 5.9%, backed by one of the most consistent dividend track records in the entire market, with over 55 consecutive years of increases. Trading at a forward P/E of just 13, the valuation remains undemanding even after the year-to-date run.

Altria Group Today

MO

Altria Group

$71.83 +0.42 (+0.59%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$54.70▼

$74.56Dividend Yield5.90%

P/E Ratio15.03

Price Target$70.44

The fundamental picture remains steady. Net margins well above 30% reflect the pricing power that has defined the business for decades, and the company continues to return capital through both its dividend and ongoing buybacks. The next ex-dividend date is June 15, with payment on July 10.

From a technical perspective, the current formation is extremely bullish. The stock continues to hold above prior resistance near $70, and consolidate just 4% away from its 52-week high and breakout level. A move through the 52-week high, near $74, could spark a new wave of upside momentum.

Enterprise Products Partners: Midstream Income With an AI KickerEnterprise Products Partners NYSE: EPD is one of the highest-quality income vehicles in the energy sector. The master limited partnership operates an extensive network of pipelines, storage, processing, and export infrastructure across North America. The company generates predominantly fee-based cash flows that have supported 28 consecutive years of distribution increases. The current yield stands at 5.9%, with the stock up about 17% year-to-date and trading at a forward P/E of 12.

Enterprise Products Partners Today

EPD

Enterprise Products Partners

$37.28 +0.01 (+0.01%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$30.01▼

$40.17Dividend Yield5.90%

P/E Ratio13.81

Price Target$39.67

What makes EPD particularly interesting right now is a developing demand catalyst that few associate with a pipeline operator: AI data centers. Surging electricity demand from data center buildouts is driving increased natural gas consumption, and Enterprise's infrastructure sits directly in the path of that flow. Based on 17 analyst ratings, the stock currently has a Hold consensus rating. However, its consensus price target of $39.67 implies about 6% of upside potential.

And as long as the stock can continue to hold major multi-month support above $37, the bulls will remain in control. Since March, the stock has been consolidating in a wide base above $37, with $40 acting as major resistance. In the months to come, it will be vital for the bulls to defend the support zone if bullish momentum is to persist.

NNN REIT: A Monthly-Like Income Machine at Fresh 52-Week HighsNNN REIT NYSE: NNN is the very definition of a boring business done exceptionally well. The Orlando-based REIT owns over 3,000 single-tenant retail properties across the United States. The properties are leased to necessity-based operators like convenience stores, quick-service restaurants, and auto service centers under long-term triple-net leases. Tenants cover taxes, insurance, and maintenance, leaving NNN with predictable, bond-like cash flows. That model has funded 35 consecutive years of dividend increases, a streak only a handful of REITs in America can match. The current yield is 5.1%.

NNN REIT Today

$46.52 +0.41 (+0.88%)

As of 06/12/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$38.90▼

$46.90Dividend Yield5.16%

P/E Ratio22.58

Price Target$45.65

The stock closed Tuesday up 2.18% at $45.98, a fresh 52-week closing high, and is now up 16% year-to-date. Notably, Tuesday’s surge also confirmed a major multi-month breakout. Since February, the stock had been stuck in a sideways bullish consolidation. But Tuesday’s move blasted through the $45 resistance, confirming a breakout. Momentum is now firmly in the bulls' favor, but for that to continue, the stock will need to hold above $45.

At a forward P/E of almost 13 with close to a 99% occupancy rate, the valuation remains reasonable for the consistency on offer.

Analysts hold a consensus Hold rating, with 13 analysts and a price target of $45.65, which is roughly where the stock is currently trading.

Should You Invest $1,000 in Altria Group Right Now?Before you consider Altria Group, 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 Altria Group wasn't on the list.

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2026-06-13 12:25 1mo ago
2026-06-13 07:25 1mo ago
GPK EQUITY ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Graphic Packaging (GPK) Investors of Securities Class Action Lawsuit Deadline on July 6, 2026
GPK Graphic Packaging Holding Company
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Graphic Packaging To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Graphic Packaging between February 4, 2025 and February 2, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Graphic Packaging Holding Company ("Graphic Packaging" or the "Company") (NYSE: GPK) and reminds investors of the July 6, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Graphic Packaging was experiencing, inter alia, significant inventory management issues, as well as significantly reduced demand and volumes and increased costs; (2) Defendants downplayed the true scope and severity of the foregoing issues, which were likely to, and did, have a material negative impact on the Company's business and financial results; (3) Defendants likewise overstated the strength and sustainability of the Company's business model and operations, as well as its ability to weather ongoing macroeconomic headwinds; (4) accordingly, the Company's previously issued FY 2025 financial guidance was unreliable and/or unrealistic; and (5) as a result, Defendants' public statements were materially false and misleading at all relevant times.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Graphic Packaging's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Graphic Packaging class action, go to www.faruqilaw.com/GPK or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Graphic Packaging Holding Company Securities Class Action Lawsuit:

What is the Graphic Packaging securities fraud lawsuit about?

The Graphic Packaging securities fraud lawsuit is a federal securities class action alleging that Graphic Packaging Holding Company (NYSE: GPK) and its executives made false and misleading statements to investors by concealing significant inventory management issues, reduced demand and volumes, and increased costs, while overstating the strength and sustainability of the Company's business model and issuing unreliable financial guidance. As the truth emerged through a series of disclosures - including a May 1, 2025 Q1 earnings miss and sweeping downward revision to FY 2025 guidance, a December 8, 2025 announcement of accelerated inventory reductions, further guidance cuts, and the CEO's departure, and a February 3, 2026 Q4 earnings miss accompanied by a projected meaningful decline in 2026 adjusted EBITDA and the launch of a comprehensive business review - GPK's stock price fell sharply across each disclosure, causing significant cumulative losses for investors.

Who may be eligible to participate in the Graphic Packaging class action lawsuit?

Investors who purchased or acquired Graphic Packaging Holding Company (GPK) stock between February 4, 2025 and February 2, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Graphic Packaging securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Graphic Packaging employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Graphic Packaging lawsuit?

A lead plaintiff in the Graphic Packaging class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Graphic Packaging investor who purchased GPK stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 6, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Graphic Packaging stock during the Class Period?

Investors who purchased Graphic Packaging Holding Company (GPK) stock between February 4, 2025 and February 2, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Graphic Packaging securities class action is July 6, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/GPK for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301303

Source: Faruqi & Faruqi LLP

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