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Applied Digital Today

$42.70 +1.23 (+2.97%)

As of 04:00 PM Eastern

52-Week Range$9.02▼

$50.72Price Target$67.67

Applied Digital NASDAQ: APLD recently finalized a 15-year, 210-megawatt lease at its Delta Forge 2 campus, signaling a definitive transition from a high-beta crypto miner to a tier-one digital infrastructure landlord.

While retail investors temporarily dumped shares over macroeconomic inflation jitters and near-term debt mechanics, institutional capital recognizes a business holding approximately $36 billion in total contracted base-term lease revenue, with roughly 70% backed by U.S.-based investment-grade hyperscalers.

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The artificial intelligence (AI) land grab is accelerating, and hyperscalers require dedicated power and cooling at a scale previously unseen in commercial real estate. By securing a $5.2 billion baseline revenue commitment, expandable to $12.7 billion if all 30-year renewal options are exercised, Applied Digital locks in the long-term cash flow profile required to dominate the next decade of infrastructure deployment.

With an $11.1 billion market capitalization and a 139% year-over-year top-line revenue expansion, Applied Digital commands a premium valuation based largely on its ability to build high-density campuses faster than legacy data center operators. Operations for Delta Forge 2 are targeted to commence in the first quarter of 2028, effectively setting a hard date for when these multi-billion-dollar contracts begin generating actual yield.

This Isn't Debt, It's Rocket FuelMarkets often struggle to distinguish between short-term capital expenditure requirements and long-term value creation. Applied Digital recently suffered an intraday contraction of 5.7%, sending its share price down to the $39 zone.

Applied Digital Corporation (APLD) Price Chart for Friday, June, 12, 2026

Retail sentiment quickly soured on the news that subsidiary Applied Digital ComputeCo 3 priced a $1.59 billion offering of 7.000% senior secured notes due 2031. This isolated price action, heavily influenced by a broader tech sector retreat ahead of May consumer price index data, masks the fundamental strength of Applied Digital's underlying asset base.

The $1.59 billion debt issuance is not reckless corporate borrowing to fund operational deficits. Applied Digital specified that the proceeds will be used primarily for constructing a 150-megawatt fourth building, designated ELN-04, at the Polaris Forge 1 campus in North Dakota.

A portion of the proceeds will also be used to retire a high-interest bridge loan previously secured from Goldman Sachs. When you match these near-term leverage requirements against the massive 1.4-gigawatt contracted critical IT load across the five-campus portfolio, the debt mechanics reflect highly sophisticated capital alignment.

Applied Digital is leveraging predictable, contracted cash flows to bridge immediate development phases. A recently closed revolving credit facility with up to $350 million of committed capacity and an additional $200 million accordion option provides the necessary liquidity runway to maintain construction timelines. The subsequent 9.5% after-hours volume surge illustrates institutional investors stepping in to capitalize on the retail misunderstanding of this secured debt structure.

Applied Digital's Waterless Moat Is Its Secret WeaponComparing Applied Digital to hardware-centric peers will help investors understand the company's strategic operational pivot. Companies like IREN NASDAQ: IREN and CoreWeave NASDAQ: CRWV assume more direct hardware depreciation risk by constantly purchasing and leasing the latest generation of graphics processing units.

Applied Digital operates more like an infrastructure landlord. The client supplies the highly volatile compute hardware; Applied Digital supplies the facility, the power, and the cooling. This facilit-first real estate model may help operating margins from rapid silicon obsolescence. Legacy miners like Core Scientific NASDAQ: CORZ are attempting similar pivots, but few possess the capital backing to execute at the gigawatt scale.

The unnamed counterparty at Delta Forge 2 is the same U.S.-based, investment-grade hyperscaler responsible for the two previous major leases across Applied Digital’s portfolio. This level of vendor stickiness is a strong validation of the underlying technology stack.

Delta Forge 2, located in an undisclosed southern state, will exclusively use proprietary waterless cooling technology alongside high-power-density infrastructure. As grid access tightens and nationwide environmental regulations on water use become more stringent, waterless cooling shifts from a luxury feature to a potential competitive advantage for massive training and inference workloads.

Today, 70% of Applied Digital's $36 billion base-term revenue backlog is supported by U.S.-based investment-grade hyperscalers, demonstrating that the market demands exactly what Applied Digital is building.

From High-Beta Bet to Blue-Chip BlueprintApplied Digital's valuation multiples currently skew toward extreme growth expectations rather than present-day profitability. A price-to-sales ratio of 35 and a trailing 12-month earnings per share loss of 74 cents reflect an organization operating at the absolute peak of its capital expenditure cycle. The current balance sheet debt-to-equity ratio sits at 1.65, a necessary byproduct of scaling multibillion-dollar facilities.

Despite the significant capital outlays, the execution risk narrative is shifting rapidly.

Northland Capital Markets analysts recently validated this infrastructure transition, projecting that execution risk will sharply decline between 2026 and 2027 as project deliverables go online. The analyst also stated that significant multiple expansion was possible, pushing the valuation toward 15x as tangible cash flows materialize.

Applied Digital Stock Forecast Today12-Month Stock Price Forecast:
$67.67
54.62% Upside

Moderate Buy
Based on 16 Analyst Ratings

Current Price$43.76High Forecast$90.00Average Forecast$67.67Low Forecast$40.00Applied Digital Stock Forecast Details

The broader analyst community agrees, maintaining a consensus price target of $67.67, which represents over 70% upside from current levels.

Institutional investors reinforce this bullish outlook, as the $7.02 million in shares sold in the last quarter is vastly overshadowed by the $94 million spent on purchases. While some corporate insiders recently executed structured selling programs, these distributions reflect standard equity compensation realization rather than a broader executive exodus.

Short interest remains at healthy levels, suggesting the recent price action is driven purely by fundamental repositioning.

The elevated beta of 5.69 for Applied Digital remains a lagging indicator, permanently tethered to past life managing volatile cryptocurrency operations.

As the market digests the bond-like cash flow profile created by 15-year take-or-pay utility contracts, the equity will naturally re-rate. Institutional capital values the predictability of digital real estate multiples over the cyclicality of legacy bitcoin mining revenue.

Capturing Value Before the Walls Go UpShifting a multibillion-dollar business model from digital asset speculation to institutional real estate requires heavy capital deployment, and pricing volatility remains the admission price for early allocators. Applied Digital already holds the binding hyperscaler commitments necessary to support its corporate transition, shielding the balance sheet from some of the inherent cyclicality of the broader semiconductor and computing markets.

While current profitability metrics appear heavily depressed due to massive infrastructure investments, the forward-looking cash flows are supported by contracted hyperscaler leases rather than guaranteed by completed operations. The transition from construction to operation over the next 24 months will serve as the primary catalyst for sustained valuation expansion.

Investors may want to add Applied Digital to their watchlist, as the company is rapidly bringing its Delta Forge 2 and Polaris Forge 1 campuses online. Those with a higher risk tolerance might consider utilizing the current debt-driven price volatility as an entry point before the broader market fully prices in the $36 billion contracted revenue backlog.

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Transition aligns Board leadership with Hut 8's continued focus on building an enduring, generational business at the intersection of energy and technology

O'Neal, former Chairman and Chief Executive Officer of Merrill Lynch & Co., brings decades of senior executive leadership and public-company governance experience to the role

Founding Chair William Tai remains a director and a member of the Nominating and Governance Committee

, /PRNewswire/ -- Hut 8 Corp. (Nasdaq, TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the appointment of E. Stanley (Stan) O'Neal as Chair of the Board of Directors, effective immediately. O'Neal, an independent director of the Company since November 2023, succeeds William (Bill) Tai, who will continue to serve as a director and as a member of the Nominating and Governance Committee.

William (Bill) Tai, left, Founding Chair and Independent Director of Hut 8, and E. Stanley O'Neal, Chair of the Board of Directors of Hut 8 Asher Genoot, CEO of Hut 8, said: "Our ambition is to build at the intersection of energy and next-generation technologies for decades to come. We are grateful to Bill, Hut's founding Chair, for stewarding us through the formative years that have positioned us to pursue this ambition, and we welcome Stan to the Chair for the stretch ahead. Stan led one of the world's largest financial institutions and has served on our board since the early days of US Bitcoin Corp. As Chair, he will lead the board with the discipline and judgment required of a major institutional leader and the firsthand perspective developed through years with the Company."

E. Stanley O'Neal, Chair of the Board of Hut 8, said: "The reorganization of capital around energy, digital infrastructure, and compute is among the largest I have seen in my career. At this scale of capital deployment, advantage accrues to operators whose position is structural. Hut 8 has built such a position with intent: a power-first foundation, an engineering discipline rooted in first principles, and an operating model proven across evolving markets. The Board will continue to work with management, providing oversight and governance aligned with the demands of a business operating at Hut 8's scale and ambition."

Bill Tai, Independent Director of Hut 8, said: "I've spent my career backing companies at the frontier of technology, and few transformations have been as remarkable as the one Hut 8 has made — from its earliest days as a pioneering startup to the institutional platform it is today. Chairing this Board through that growth has been one of the great privileges of my career. I could not be more excited to hand the Chair to Stan, who has served beside me on this Board for years. I do so with full confidence in him, and in Asher and Mike, who have built something rare, with the potential to become one of the category-defining companies of our time."

About E. Stanley O'Neal

E. Stanley O'Neal has served on the Hut 8 Board since November 2023 and previously served as a director of U.S. Data Mining Group, Inc. ("US Bitcoin Corp") from March 2021 through its merger with Hut 8 Mining Corp. O'Neal is former Chairman and Chief Executive Officer of Merrill Lynch & Co., Inc. He was named Chief Executive Officer in 2002 and elected Chairman in 2003, serving in both positions until October 2007. O'Neal currently serves on the boards of Clearway Energy, Inc., Element Solutions, Inc. and served previously on the board of directors of General Motors from 2001 to 2006 and on the board of directors of Arconic from 2008 (through Arconic's predecessor, Alcoa) to August 2023. He also served as director of American Beacon Advisors, Inc. from 2009 to September 2012.

About William (Bill) Tai

William (Bill) Tai served as Chair of the Hut 8 Board from November 2023 to June 2026 and previously served as a director and Chair of Hut 8 Mining Corp. from March 2018 through its merger with US Bitcoin Corp. He is a venture capitalist and was an early investor in high-profile start-ups including Canva, Color Genomics, Dapper Labs, SafetyCulture, TweetDeck, and Zoom Video. Tai has co-founded several successful technology companies including IPInfusion and Treasure Data Inc., where he served as Chairman. He has served as a director of seven publicly listed companies.

2026 Director Election Results

On June 11, 2026, Hut 8 held its 2026 Annual Meeting of Stockholders (the "Meeting").  At the Meeting, each of the eight nominees listed in the Company's definitive proxy statement dated April 28, 2026 was elected as a director of the Company to hold office until the next annual meeting of stockholders or until his or her successor is duly elected or appointed, subject to earlier resignation or removal. Of the 70,859,886 total votes cast (including abstentions), the votes cast "for" each director were as follows: 

Nominee 

  For              

Joseph Flinn 

69,524,014

Asher Genoot 

70,536,078

Michael Ho 

70,530,325

E. Stanley O'Neal 

65,940,165

Carl J. (Rick) Rickertsen       

70,370,263

Mayo A. Shattuck III 

63,437,474

William Tai 

68,982,263

Amy Wilkinson 

62,429,791

Final voting results on all matters voted on at the Meeting will be filed on Form 8-K with the U.S. Securities and Exchange Commission and on SEDAR+.

About Hut 8

Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.

Cautionary Note Regarding Forward-Looking Information 

This press release includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward-looking information"). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the Company's leadership and governance succession, the Company's development pipeline, and the Company's future business strategy, competitive strengths, expansion, and growth of the business and operations more generally, and other such matters is forward-looking information. Forward-looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "allow," "believe," "estimate," "expect," "predict," "can, "might," "potential," "is designed to," "likely," or similar expressions. 

Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, risks relating to the construction of new data centers, including cost overruns, delays, supply chain issues, permitting or regulatory hurdles, unexpected technical challenges, and dependency on contractors; risks relating to the financing of new data centers, including the potential dilutive impact of equity issuances (if any), access to capital markets, timing and cost of financing, and market conditions such as increases in interest rates, declining equity valuations, volatility in credit markets, or tightening lending standards; risks impacting our ability to expand the power capacity at the River Bend campus, such as limitations of transmission and/or generation resources; failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company's filings with the U.S. Securities and Exchange Commission. In particular, see the Company's recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company's EDGAR profile at sec.gov and SEDAR+ profile at sedarplus.ca. 

SOURCE Hut 8 Corp.

LIVINGSTON, N.J.--(BUSINESS WIRE)--CoreWeave, Inc. (Nasdaq: CRWV) (“CoreWeave”) announced today that it priced a private offering of $1.25 billion aggregate principal amount of 9.625% senior notes due 2032 and €2 billion aggregate principal amount of 8.500% senior notes due 2032 (collectively, the “Notes”). The Notes will have a maturity date of July 15, 2032. The closing of the offering of the Notes is expected to occur on June 18, 2026, subject to customary closing conditions. The Notes will.

CoreWeave (CRWV +4.91%) is one of the fastest-growing stocks on the market. Wall Street analysts expect huge revenue growth over the next two years, with 2026's revenue expected to rise 147% year over year and 97% in 2027.

Those are incredible growth rates, and will result in CoreWeave's revenue rising from $5.1 billion at the end of 2025 to nearly $25 billion by the end of 2027 (if projections pan out).

That's a major business expansion in a short time frame, and that kind of growth gets investors excited. But is the stock worth buying?

Image source: Getty Images.

CoreWeave isn't guaranteed to win CoreWeave is known as a neocloud company, meaning it operates as a cloud computing business with an artificial intelligence focus. In CoreWeaves's case, it fills its data centers with cutting-edge GPUs from Nvidia (NVDA +0.15%), then rents those back to clients for excess AI computing power. Nvidia is so confident in CoreWeave that it owns more than 47 million shares -- or about 9% of the company. A company like Nvidia, with a huge growth rate and countless opportunities, doesn't invest in outside businesses for no reason; it sees huge potential that could lead to outsize returns.

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Nvidia has invested heavily in CoreWeave, but it needs it. Unlike the major cloud computing providers, CoreWeave doesn't have a base business to fund its operations. So, it needs to seek external investors or take on debt to build out its data center footprint. This isn't cheap, which leads to major execution risk for CoreWeave.

CRWV Total Long Term Debt (Quarterly) data by YCharts

However, the upside is immense if CoreWeave can form a profitable business. It's not uncommon to see operating margins of 30% or higher in fully mature cloud computing businesses. Add in taxes and other depreciation costs, and it's not out of the question for CoreWeave to achieve a 15% profit margin. Should CoreWeave do that on a revenue base of $25 billion (what Wall Street projects in 2027), that could lead to the company generating nearly $4 billion in profits, valuing it at 15 times hypothetical forward earnings. That's actually a pretty reasonable price.

But CoreWeave must produce real profits before that's even feasible. The economics of the business are there, as is the growth. We'll see how the execution plays out, as the industry is a long way from the AI build-out wrapping up, so investors should expect big losses and continued massive spending. But with a $100 billion backlog to churn through, I think CoreWeave makes for a solid investment with major upside.

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Inclusion Marks Continued Growth and Performance 15 Months Post-IPO

LIVINGSTON, N.J.--(BUSINESS WIRE)--CoreWeave, Inc. (NASDAQ: CRWV), The Essential Cloud for AI™, today announced it has been selected for inclusion to the Nasdaq-100® Index, and is expected to join the index prior to market open on June 22, 2026.

The Nasdaq-100 Index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market and is one of the world’s most widely followed indexes.

“CoreWeave’s inclusion in the Nasdaq-100 reflects both our growth and the emergence of AI as one of the defining technologies of our time,” said Michael Intrator, Co-Founder, Chairman and Chief Executive Officer of CoreWeave. “We built the cloud purpose-built for AI before many people understood why it would matter. This milestone belongs to the team that saw that opportunity early and executed relentlessly to help our customers bring AI to life.”

CoreWeave has rapidly grown to become a leading full-stack AI cloud, delivering the performance, scale, and reliability required for the world’s most demanding AI workloads. The company’s global cloud platform is used by leading AI labs, startups, and enterprises to develop, train, and deploy their advanced AI models and applications.

CoreWeave’s addition to the Nasdaq-100 Index comes just over a year after the company’s initial public offering, reflecting its rapid growth trajectory and the broader market’s recognition of AI infrastructure as a defining sector of the modern economy.

About CoreWeave
CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at www.coreweave.com.

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Redwood Trust, Inc.(NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the “Board”) has declared second quarter 2026 common and preferred stock dividends.

Common Stock Dividend

The Board has authorized the declaration of a second quarter 2026 regular common stock dividend of $0.18 per share, unchanged from the first quarter of 2026. This marks the Company's 108th consecutive quarterly common dividend. The second quarter 2026 common stock dividend is payable on June 30, 2026 to stockholders of record on June 23, 2026.

Preferred Stock Dividend

In accordance with the terms of Redwood’s 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series A”), the Board authorized the declaration of a Series A dividend for the second quarter of 2026 of $0.625 per share. Dividends for the Series A are payable on July 15, 2026 to stockholders of record on July 1, 2026.

About Redwood

Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit where we provide liquidity to growing segments of the U.S. housing market not well served by government programs. We deliver customized housing credit investments to a diverse mix of investors, through our best-in-class securitization platforms, whole-loan distribution activities, joint ventures and our publicly traded shares. We operate through three core residential housing-focused operating platforms Sequoia, Aspire, and CoreVest — alongside our complementary Redwood Investments portfolio which is primarily composed of assets we source through these platforms. Redwood Investments also includes RWT Horizons®, our unified technology platform spanning internal AI innovation and strategic investments across the ecosystem, which supports our efforts to develop an AI-first operating model that enables compounding operational leverage and scalable growth. This reflects how we manage and organize our business and may differ from the manner in which our reportable segments are presented for financial reporting purposes. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk minded scale. Redwood Trust is internally managed and structured as a real estate investment trust ("REIT") for tax purposes. For more information about Redwood, please visit our website at www.redwoodtrust.com or connect with us on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260611895331/en/

ST. LOUIS--(BUSINESS WIRE)--Build-A-Bear Workshop, Inc. (NYSE: BBW) today announced that Chris Hurt has assumed the role of Chief Executive Officer (CEO), effective June 11, 2026. The transition follows the planned succession of Sharon Price John, who led the company for 13 years and will remain on the Board of Directors. Hurt, a seasoned executive with more than 11 years of leadership experience at Build-A-Bear, most recently served as Chief Operations and Experience Officer. During his tenure.

FTSE 100 jumps 162 points to 10,466 Brent crude futures fall then rise UK economy contracts 0.1% in April  Housebuilders show strong recovery   4.17pm: SpaceX and US consumer confidence

The Footsie is heading towards sealing its strongest session in a while, with a gain over over 160 points currently. 

British Aiways owner IAG is top of the leaderboard, up 6.7%, followed by miners and banks. 

Both the FTSE 100 and FTSE 250 are up over 1.5%, with mid-cap gains led by miners, air travel stocks and Ceres Power.

Oil prices are softening again, with Brent crude down below $85 a barrel now, 3.5% lower on the day and $10 a barrel below highs at the start of the week. 

The SpaceX indicative price is still falling but remains well above the issue price. 

Latest was $160 apiece, which would be around a 19% premium to the IPO price. 

Elsewhere, the US consumer sentiment has improved this month, with the University of Michigan consumer sentiment index rose to 48.9 in June from 44.8 in May, above the consensus forecast of 46.0.

Grace Zwemmer at Oxford Economics says: "Easing gas prices helped lift consumer sentiment this month. However, consumers are still broadly anxious about the health of the economy.

"Both measures of inflation expectations ticked down in June but remain higher than their pre-war levels. Stability in inflation expectations could help the Federal Reserve view the oil price shock to inflation as a one-off."

3.41pm: SpaceX indicated opening price is higher, but falling The indicative opening price of SpaceX is falling, but still well above the $135 issue price.

Trading may begin around 12:30pm ET (5.30pm UK) or maybe earlier.

Shares are indicated to open at just $168.75 each, a gain of around 25%.

First it was a $174, then $171 then $170, and now below that. 

An extra nugget within the SpaceX story is that Elon Musk, who owns about 42% of SpaceX, is going to become the first dollar trillionaire if the price is much above the issue price.

3.21pm: Iran deal based on performance, says White House insider A White House official is leaking more information on the Iran deal, presumably to counter the "fake news" statements from Tehran. 

Reports citing a senior US administration official stress that any sanctions relief would be strictly conditional on Tehran meeting its commitments.

According to the official, the deal would immediately reopen the Strait of Hormuz, easing the blockage for global energy.

There will be "no money" released to Tehran "until they perform", the reports say, suggesting sanctions relief and access to frozen funds would be tied to verified compliance.

The official also said Iran's nuclear material would be "destroyed and removed" and that the country's nuclear programme would be dismantled under the agreement. In addition, the deal would require Iran to cease funding terrorist groups.

What do markets make of it? Brent crude is up above $86 a barrel again, down 1.1% on the day. 

The FTSE is striding higher, led by coppper miners Antofagasta and Anglo American, sandwiching British Airways owner IAG, all up over 5.5%.

Next are banks, precious metals miners, and Rolls-Royce. SpaceX investors Scottish Mortgage is up 3.6%, while fellow big tech investor Polar Capital Tech Trust is up 4.3%, catching up with last night's gains.  

There are only nine London blue-chjp names in the red, with losses for BP and Shell trimmed slightly, to 2.2% and 1.9%. 

3.10pm: SpaceX price expected at 29% premium Newswire reports suggest the SpaceX IPO attracted more than $350 billion of total investor demand, including over $250 billion from institutional investors alone, making it one of the most heavily oversubscribed offerings in market history.

Institutional allocations appear to have been skewed towards long-term investors, with around 70% of shares sold to institutions allocated to long-only funds and sovereign wealth fundsm, Reuters reported.

The reports confirm that retail investors received about 20% of the shares sold in the IPO, while lower than the mooted 30% is far larger allocation than is typical for a US mega-cap flotation.

According to pre-market indications, SpaceX shares are set to open at around $174, compared with the IPO price of $135, implying a gain of almost 29% on debut.

If that pricing holds, SpaceX's market value would surge well above the $1.75 trillion valuation established in the offering, nearer $2.3 trillion, just shy of Amazon's $2.5 trillion market cap. 

2.52pm: Volatile US open after Trump slams Iran  US stocks opened higher but gains were immediately wiped out after some confusion emerged about the purported Iran peace deal. 

The Nasdaq has dropped 0.7%, the S&P is down 0.3% and the Dow Jones is just above flat, having opened up around 0.6% higher in initial trades.

President Donald Trump posted on social media that terms Iran leaked out "have NOTHING to do with the terms that were agreed to, in writing". He says Tehran's statement is "dishonourable" and "bears no relation to the truth" and that "they better get their act together, and FAST".

Oil prices have also spiked back to where they were at midnight, with Brent back up to $89 a barrel.

2.10pm: Scottish Mortgage and other trusts that have SpaceX stakes Nasdaq has announced that the IPO of SpaceX is to be released for stock price quotes at 9:50am Eastern Time (2.50pm London time). 

As well as the retail investors excited about the IPO, there are also several investment trusts that have been long backers of the rocket and satellite company, such as Scottish Mortgage Investment Trust PLC (LSE:SMT), which invested as long ago as 2018.

SMT's stake was 21% of its portfolio value, according to an update last week.

Edinburgh Worldwide Investment and Baillie Gifford US Growth Trust, also managed by Baillie Gifford, have sizeable stakes, along with the Schiehallion Fund Ltd. 

Schiehallion said it had 14.5% of its assets in SpaceX, Baillie Gifford USA 16.5% and EWI 22%.

Also, Google parent Alphabet owns a stake of around 4.9% of the $1.77 trillion company, having bought in over a decade ago.

Existing backers like Scot Mort and Alphabet are subject to a lockup period after the IPO, liquidity limits and a potential tax hit on an outright sale.

There is a staggered lock-up structure, with expiration at 180 days for general insiders, while Musk and other significant stakeholders subject to a longer 366-day lock-up. Musk is not expected to sell shares at this point, though. 

1.44pm: Market scepticism recovering Oil prices are creeping up again. Brent crude, having fallen from $95 on Thursday night to almost $86 a barrel this morning, is now back up at almost $88. 

A report from Axios suggested that both sides have agreed the text, which has been cleared at high levels in Iran but may still lack approval from Supreme Leader Mojtaba Khamenei.

The two sides are said to have agreed the text of a proposed memorandum that would immediately reopen the Strait of Hormuz, extend the ceasefire by 60 days and provide limited sanctions relief in exchange for Iranian commitments on its nuclear programme. 

If signed, the agreement mediated by Qatar and Pakistan would be known as the Islamabad agreement.

"Markets are taking Trump’s latest declaration with a degree of caution", says market analyst Fawad Razaqzada at Forex.com.

Economist Kallum Pickering at Peel Hunt notes that President Trump has for the past two months "repeatedly signalled that a deal between the US and Iran to end the conflict and re-open the Strait of Hormuz is imminent".

"Each time, however, negotiations have broken down, or Iran has accused the US of making unjustified claims of a breakthrough."

After last night's announcement, "financial markets appear to be reacting as if a deal is underway"... though "let me emphasise, we have seen this before only for no breakthrough to emerge in the end".

Says Pickering: "If a deal is indeed reached, a big if, expect markets to raise expectations for growth in major economies as inflation worries ease, with expectations for further central bank rate hikes curtailed."

Razaqzada notes that while Trump's claim to have "ended the war with Iran" triggered an immediate risk-on reaction, with equities and bonds in demand as oil fell, "the follow-through remains surprisingly restrained for what would be a significant geopolitical breakthrough".

He adds that "there are still important hurdles to overcome", with Iranian officials have not publicly endorsed the reported framework, and questions remain over whether Tehran will seek additional concessions before signing any deal

1.07pm: US stocks to extend gains Wall Street is heading for a firmer open, with futures ticking higher as investors weigh President Donald Trump’s sudden shift on Iran and turn attention to a blockbuster market debut.

Dow Jones futures are up over 0.7%, while those for the S&P 500 and the Nasdaq futures are up nearer 0.6%, all extending the strong gains from last night.

That rally came after Trump said US military strikes on Iran were "cancelled" and suggested a peace deal could be close, as "discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved". 

The Nasdaq jumped 2.5%, the Dow finished up 1.9% and the S&P gained 1.8% as risk appetite returned.

Today, geopolitics looks set to fade into the background, with all eyes are on the much-anticipated SpaceX IPO, for which many are holding their breath.

12.34pm: Fall in UK GDP 'won't alter BoE outlook', says Barclays   UK monthly GDP contracting 0.1% in April will not alter the Bank of England's thinking much, says economist Jack Meaning at Barclays.  

The monthly contraction was in line with other soft Q2 data, he points out, with PMI data weakening, particularly in services, as well as weaker spending signals from Barclays spend trends data.

"We continue to expect the impact of the Middle East conflict to feed into more subdued activity in the next few months," he adds, retain his expectation of 0.1% quarter-on-quarter growth in Q2.

"For the Bank of England, we think the data today will validate their expectation of Q2 growth of 0.1% q/q heading into the meeting next week (18 June), and won't alter their outlook for GDP growth.

"We now look to BoE​/​Ipsos inflation expectations data (12 June), the May inflation data (17 June) and April labour market release (18 June) for any surprises.

"We think the bar for coming data to change the outcome of the June meeting is high, although it may, at the margin, affect the vote split and tone of individual paragraphs."

11.54am: Shell, BP and BAE weigh Weighing on the index today are falls for energy and defence groups, some heavyweights among only 16 London blue-chips that are in the red currently.

Oil giants BP and Shell are down 4.4% and 3.25%. Defence group BAE Systems is down 1.9%, followed by energy suppliers Centrica and SSE, down 1.9% and 1%. 

Next are Sage Group, Bunzl, National Grid, LSE and British American Tobacco. 

11.22am: SpaceX UK investors own almost $364 million of the shares Some more precise details are available on the scale of UK retail participation in SpaceX's record-breaking IPO.

Marex, which operated the UK retail offer through the Winterflood Retail Access Platform, said 2,696,175 shares were allocated to UK retail investors at the IPO price of $135 (£100.65) per share.

This means UK investors own almost $364 million of SpaceX shares. 

Investors who applied for up to $2,700 worth of stock received their allocations in full, while larger applications were scaled back. No investor received more than 1,000 shares, Marex said. 

Overall, 61% of retail investors received a full allocation, highlighting both the strong demand for the flotation and the relatively generous treatment of smaller investors.

As well as the $75 billion of shares sold in the IPO, underwriters also have the option to sell a further 83.3 million shares.

11.04am: SpaceX touching down SpaceX’s much-anticipated IPO "has been a roaring success", says Kathleen Brooks at XTB, with huge demand for the shares.

The IPO has raised $75 billion, making it the largest ever, valuing the company at $1.77 trillion, the seventh largest firm on the US stock market.

Trading in New York's Nasdaq begins later, with the company worth more than JP Morgan, Meta, Eli Lilly, Berkshire Hathaway and Tesla, Brooks notes. 

It's free float of $75 billion is more on a par with the market caps of Airbnb, Ross Stores and General Motors, though. 

"Today comes the real test," says Brooks, as the shares trade on the open market for the first time.

"After Thursday’s stock market rally the scene is set for a strong start, but any sign of weakness on the main US tech exchange could send shivers across financial markets."

She notes reports that the allocation of shares to the retail market has been lower than originally reported at roughly 20% versus the mooted 30%.

"This is still far higher than the usual allocation to the retail trading community and suggests that institutional demand far outstripped supply.

"This signals that everyone wants a slice of SpaceX right now, which could lead to more shares coming to market, should the underwriters exercise their right to sell additional shares in the coming weeks."

10.30am: More market movers The FTSE 100 has pared some of the morning's gains, and is now 141 points up at 10,445.02. Here's a look at some of the other stocks making big moves today. 

Kier Group PLC (LSE:KIE) rose 3.8% after securing a £140 million contract extension with South West Water, part of Pennon Group PLC (LSE, OTC), running through to 2028. The deal extends a 20-year partnership and keeps Kier as sole contractor on the network services alliance. Read more

BSF Enterprise PLC (LSE:BSFA, OTC:BSFAF) plunged 42% after its first T-Rex Leather handbag failed to meet its reserve at a Paris auction. The €150,000 top bid fell short, leaving the item unsold. The company has now withdrawn it for private sale, but says interest in its bio-leather technology remains strong, with ongoing talks in the sportswear and automotive sectors. Read more

Virgin Wines UK PLC (AIM:VINO) fell 14% to 28.8p after warning of a swing to a £1.5 million pre-tax loss for 2026 despite modest revenue growth. Higher duties and weaker consumer confidence weighed on profits. The group still highlighted improving sales momentum and rising customer acquisition, alongside plans for a new £700,000 warehouse investment funded from cash reserves. Read more

MedPal AI plc (AIM:MPAL) surged 25% to a three-month high around 3.88p after UK approval of Novo Nordisk’s oral weight-loss drug boosted sentiment around its new clinic model. The company says the timing is ideal, with its New Health service launching just as demand for GLP-1 treatments expands. It expects oral options to widen uptake beyond injectables, supported by strong US prescription trends. Read more

Cizzle Biotechnology Holdings PLC (LSE:CIZ) shares jumped 10.9% to 3.05p after the company secured a US patent covering methods used to detect its CIZ1B lung cancer biomarker. The patent strengthens its position in a key market and supports plans with partner Cizzle Bio Inc to commercialise the test across North America and the Caribbean. Read more

9.20am: Footsie bounces higher The FTSE 100 has extended its gains as the morning progresses, now up 148 points at 10,451.84 for a gain of close to 1.5%.

BA-owner International Consolidated Airlines Group SA (LSE:IAG) is now leading the pack, with a 5.5% gain, while Rolls-Royce Holdings PLC (LSE:RR.) has edged into second place, up 4.5%. 

"Global equities are ending the week with a powerful relief rally as markets price a rising chance of a US-Iran diplomatic breakthrough," commented Tickmill Group's Patrick Munnelly. "President Trump said the US is nearing a deal with Tehran, raising hopes that a conflict which has driven volatility for more than three months could be moving toward resolution." 

Munnelly pointed out that oil is the clearest expression of the shift in risk premia. Brent has fallen another 2% to around $88.50/bbl after President Trump softened military threats and pointed to high-level talks with Iranian officials.

"A formal signing ceremony could reportedly take place as soon as this weekend in Europe, with JD Vance expected to attend," he added. "The market is moving from pricing escalation risk to pricing de-escalation relief. That does not remove geopolitical uncertainty, but it materially reduces the immediate threat of a sustained energy shock."

9am: Housebuilders perk up  UK housebuilders surged on Friday as investors warmed to the prospect of lower interest rates and easing tensions in the Middle East.

Persimmon PLC (LSE:PSN) rose 3.9%, Barratt Redrow PLC (LSE:BTRW) gained 3.7%,Taylor Wimpey PLC (LSE:TW.) added 2.9%, while Vistry Group PLC (LSE:VTY) led the sector with a 5.1% jump.

The gains came despite data showing the UK economy shrank by 0.1% in April. Instead of spooking markets, the weaker GDP reading fuelled expectations that the Bank of England may cut rates sooner rather than later to support growth. The BoE's rate-setting committee meets next week. 

Hopes of a peace agreement in the Middle East also lifted sentiment. Oil prices retreated on the prospect of fewer supply disruptions, easing inflation concerns and reducing pressure on policymakers to keep rates higher for longer.

Government bond prices rose, and yields fell as investors increasingly priced in rate cuts rather than hikes. For housebuilders, cheaper borrowing costs could mean more affordable mortgages and stronger demand, helping a sector that has struggled under the weight of higher interest rates.

8.15am: Footsie bounces at the open  The FTSE 100 jumped at the open, gaining 89 points to 10,392.88 in the first 15 minutes of trading on hopes that an end to the conflict in the Middle East is near.

Antofagasta PLC (LSE:ANTO) led the gainers, with a 5.3% gain as copper prices surged on the potential end to the war. Fresnillo PLC (LSE:FRES) was close behind, up 4.9%, while housebuilder Persimmon PLC (LSE:PSN) rose 4.5% after a report suggesting that recent buying activity had been brisk. International Consolidated Airlines Group SA (LSE:IAG) added 4.4% as oil prices fell below $90 a barrel.  

BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) have come under pressure due to the lower oil prices, down 3.3% and 2.4% respectively.

"The FTSE100 rode on the coattails of improved global investor sentiment, with a strong open which built on a resilient performance in the previous session," commented interactive investor's Richard Hunter. "The gains came despite the oil majors following the oil price south, with a broad rally which included the housebuilders after a report suggesting that recent buying activity had been brisk."

While markets staged a strong recovery on hopes that the Middle East conflict could finally be coming to an end, Hunter noted that for the US there is only one show in town today.

"The highly anticipated SpaceX IPO will debut today after what has been an unusual run-up," Hunter said. "The price of $135 per share was announced in advance, Elon Musk reportedly negotiated special deals with Wall Street advisors, and the percentage of shares available to retail investors is much higher than would normally be the case. The offering will raise $75 billion for the company, which will be valued at $1.75 trillion."

7.55am: Fickle markets  Markets look set for a positive end to the week after President Trump made a massive about-turn on his plan to "hit Iran hard." 

It's not the first time he's indicated a peace deal is at hand. According to a CNBC review of the president’s social media posts and public remarks, Trump has signalled or stated outright more than 30 times that a deal is nearly at hand. CNN puts it higher at 38 times since before April's ceasefire was announced. 

"The past 24 hours has seen a sharp reversal in the trajectory of the US–Iran conflict, as mounting hopes of a deal have seen Brent crude fall -1.62% overnight, leaving it on track for a 3-month low of $88.80/bbl. So that’s led to a huge rally across bonds and equities, as lower oil prices have eased fears about a prolonged stagflationary shock," commented Deutsche Bank's Jim Reid. 

"With oil prices coming down sharply, alongside hopes that the Strait of Hormuz will reopen, that’s seen investors price out the chance of rapid rate hikes this year. Indeed, as we go to press, markets are now pricing in just a 77% chance of a Fed rate hike by December, having been fully priced in earlier this week."

7.35am: Middle East conflict hits the economy The UK economy hit a small bump in April, with GDP slipping 0.1% after solid growth in February and March. The monthly decline was largely down to a 0.2% drop in the services sector, while construction edged higher and production was flat.

The bigger picture, though, remains more encouraging. The economy expanded by 0.7% over the three months to April, marking the fifth consecutive period of three-month growth. Services continued to do much of the heavy lifting, with information and communication performing particularly well, alongside retail and professional services. Construction also made a strong contribution.

There were some headwinds. Businesses across sectors said conflict in the Middle East affected trading conditions, with some reporting weaker demand and higher energy and fuel costs.

Even so, GDP was still 1.2% higher than a year earlier, suggesting the UK's growth story remains intact despite a softer start to the second quarter.

FTSE 100 pre-market open Stocks in London are expected to open higher after US President Donald Trump backtracked on a threat to "hit Iran hard" as he hinted at a major breakthrough in talks. 

The FTSE 100 has been called 81 points higher, after closing Thursday's session 49 points up at 10,304. Brent crude has fallen 2% to $88.58 a barrel, while US WTI futures are also lower. 

"What’s unbelievable is that after three months of this nonsense, markets still move on words that have little substance," commented Swissquote's Ipek Ozkardeskaya. "This morning, US crude is testing the $85pb level to the downside, its lowest level since the early days of the Iranian conflict. Yet there is no confirmation from Iranian media, and there is nothing to suggest that this time will be the charm."

Overnight, US stocks staged a powerful comeback, with investors piling back into risk assets after President Trump said he had cancelled planned military strikes against Iran and suggested a diplomatic agreement could be close at hand.

The tech-heavy Nasdaq led the advance, jumping 2.5% as traders reversed much of Wednesday's sharp sell-off. The Dow Jones Industrial Average surged 1.9%, and the S&P 500 climbed 1.8%.

As Friday trade draws to a close in Asia, Tokyo's Nikkei is up 2.9%, Hong Kong's Hang Seng is 1.7% higher, and Shanghai's SSE Composite has gained 1.2%. In Seoul, the Kospi has rallied 4.4% after earlier trading 8% higher as foreign investors shifted to net buying for the first time in 25 trading days. Sydney's ASX 200 closed 2% firmer. 

So I guess I was both right and right about the SpaceX (SPCX +19.22%) IPO.

Right, when I predicted SpaceX IPO fever might drive space stocks higher this year. Indeed, shares of spy satellite operator Planet Labs (PL 8.81%) are up 38% over the last four months.

Unfortunately, I was also right about what would happen on IPO day. And this, in a nutshell, is why Planet Labs stock fell 9% through 12:50 p.m. ET today.

Image source: Planet Labs.

Three scenarios for SpaceX and space stocks Four months ago, I ran down three theories for how the SpaceX IPO might play out, both for SpaceX and for other space stocks. Briefly, these scenarios were:

Option 1: SpaceX IPO fever could make space stocks more popular, driving up their stock prices. Option 2: SpaceX could make space stocks not named SpaceX less popular, if they suffered by comparison to SpaceX, which seemed both much bigger and more profitable than SpaceX's competitors. Or Option 3: Investors wanting to buy SpaceX stock might sell shares of other space stocks to raise cash to buy SpaceX instead.

Today's Change

(

-8.81

%) $

-3.01

Current Price

$

31.16

What's next for Planet Labs stock The fact that Planet stock went up so much in four months means I was right about Option 1. The fact that Planet stock is selling off today -- the same day investors began paying for their new SpaceX IPO shares -- suggests I was right about Option 3 as well.

And Option 2? This remains to be seen. SpaceX's IPO prospectus made clear SpaceX isn't profitable as we once believed -- instead, it's losing money and burning cash. So bigger isn't necessarily better.

Planet stock may not be profitable, but it is generating positive free cash flow. For that reason if for no other, I prefer Planet stock over SpaceX stock today.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Planet Labs PBC. The Motley Fool has a disclosure policy.

Key Takeaways Tractor Supply is betting on rural lifestyle demand to drive long-term growth and market share gains.TSCO's first-quarter sales rose 3.6% to $3.59B, helped by record store openings and 0.5% comps.Tractor Supply is localizing stores, growing Neighbor's Club and expanding Final Mile delivery. Tractor Supply Company (TSCO - Free Report) continues to lean into the growing rural lifestyle trend, positioning itself as a key destination for farm, ranch, pet and outdoor living needs. Despite a cautious consumer environment, the company remains confident that its "Life Out Here" strategy can drive long-term growth through market-share gains, store expansion and customer engagement initiatives.

In the first quarter of 2026, net sales increased 3.6% year over year to $3.59 billion, driven primarily by store openings. The company opened a record 40 stores in the first quarter and reported comparable-store sales growth of 0.5%. Management noted that spending remains focused on essentials, with consumers showing signs of trip consolidation and reduced shopping frequency. Even so, Tractor Supply believes that its need-based business model remains resilient.

The company is also investing aggressively in strategic initiatives tied to rural lifestyle demand. These include store localization, the expansion of its Neighbor's Club loyalty program, growth in direct sales and scaling of its Final Mile delivery network. More than 200 stores have now been localized to better reflect regional customer preferences, while digital sales continued to post strong double-digit growth.

However, challenges remain. The companion animal category, particularly dog-related products, continues to face industrywide headwinds due to declining dog ownership and shifting consumer preferences toward premium and fresh pet nutrition. Management is responding by expanding fresh pet offerings, increasing cat-related assortments and enhancing pet services.

With strong performance in livestock feed, seasonal categories and big-ticket products, Tractor Supply appears well-positioned to benefit from enduring rural lifestyle trends, provided it successfully navigates the evolving pet category dynamics and macroeconomic uncertainty.

The Zacks Rundown for TSCOTractor Supply’s shares have lost 33.8% in the past six months compared with the industry’s decline of 13.3%. The company currently carries a Zacks Rank #3 (Hold).

Image Source: Zacks Investment Research

From a valuation standpoint, TSCO trades at a forward price-to-earnings ratio of 13.97X, lower than the industry’s average of 14.45X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Tractor Supply’s current and next fiscal-year earnings implies year-over-year rallies of 3.9% and 9.9%, respectively.

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

Tapestry Inc. (TPR - Free Report) is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. At present, WOOF sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for TPR’s current fiscal-year sales and earnings indicates growth of 13.8% and 36.3%, respectively, from the year-ago reported figures. Tapestry delivered a trailing four-quarter earnings surprise of 15.6%, on average.

Five Below, Inc. (FIVE - Free Report) operates as a specialty value retailer in the United States. Five Below currently carries a Zacks Rank of 2 (Buy).

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

Tilly's Inc. (TLYS - Free Report) is a specialty retailer in the action sports industry, selling clothing, shoes and accessories. At present, TPR has a Zacks Rank of 2.

The Zacks Consensus Estimate for TLYS’s current fiscal-year sales and earnings implies growth of 4.6% and 93.1%, respectively, from the year-ago reported figures. TLYS has delivered a trailing four-quarter earnings surprise of 155.3%, on average.

Cava Group (CAVA - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CAVA broke out above the 50-day moving average, suggesting a short-term bullish trend.

The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important.

CAVA has rallied 16% over the past four weeks, and the company is a Zacks Rank #3 (Hold) at the moment. This combination suggests CAVA could be on the verge of another move higher.

The bullish case solidifies once investors consider CAVA's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 8 higher, while the consensus estimate has increased too.

Investors should think about putting CAVA on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions.

In the latest close session, OneSpan (OSPN - Free Report) was up +1.27% at $14.31. The stock's performance was behind the S&P 500's daily gain of 1.75%. Meanwhile, the Dow experienced a rise of 1.86%, and the technology-dominated Nasdaq saw an increase of 2.54%.

Shares of the internet security company witnessed a gain of 17.16% over the previous month, beating the performance of the Computer and Technology sector with its loss of 3.11%, and the S&P 500's loss of 1.63%.

Market participants will be closely following the financial results of OneSpan in its upcoming release. The company is predicted to post an EPS of $0.25, indicating a 26.47% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $57.75 million, indicating a 3.49% decrease compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.23 per share and a revenue of $246.53 million, indicating changes of -17.45% and +1.38%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.51% increase. At present, OneSpan boasts a Zacks Rank of #3 (Hold).

Looking at valuation, OneSpan is presently trading at a Forward P/E ratio of 11.49. This represents a discount compared to its industry average Forward P/E of 18.59.

We can additionally observe that OSPN currently boasts a PEG ratio of 1.04. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.04.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 83, placing it within the top 35% of over 250 industries.

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

To follow OSPN in the coming trading sessions, be sure to utilize Zacks.com.

Key Takeaways Copa Holdings reported May 2026 RPM growth of 17% YoY, driven by strong air travel demand.CPA increased capacity with available seat miles rising 16.3% YoY to match demand.Load factor rose to 88.2% from 87.6% in the prior year as traffic growth outpaced capacity. Copa Holdings, S.A.(CPA - Free Report) , based in Panama City, Panama, is gaining from upbeat passenger volumes. The latest positive update from the Latin American carrier came when it reported robust traffic numbers for May 2026 on the back of upbeat air travel demand. Driven by high passenger volumes, revenue passenger miles (RPM: a measure of air traffic) improved on a year-over-year basis in May.

To match the demand swell, CPA is increasing its capacity. In May, available seat miles (a measure of capacity) increased 16.3% year over year. RPM also improved 17% year over year. Since traffic growth outpaced capacity expansion, the load factor (the percentage of seats filled by passengers) rose to 88.2% from 87.6% in May 2025.

CPA’s Zacks Rank & Price PerformanceCPA currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here

Shares of Copa Holdings have gained 21.1% in the past month, outperforming the 5.1% increase of the Zacks Airline industry.

CPA Stock’s One-Month Price Comparison Image Source: Zacks Investment Research

May 2026 Traffic of Other Airline CompaniesApart from LATAM Airlines, other airline companies that have reported traffic numbers for May 2026 are LATAM Airlines Group (LTM - Free Report) , Controladora Vuela Compania de Aviacion (VLRS - Free Report) and Ryanair Holdings (RYAAY - Free Report) .

LATAM AirlinesLATAM Airlines reported a 10.8% year-over-year increase in consolidated capacity, measured in available seat-kilometers (ASK). The uptick was driven by a 14.9% increase in international operations, a 7.2% increase in domestic capacity offered by LATAM Airlines Brazil, together with a 4.5% increase in domestic operations of LATAM Airlines’ affiliates in Chile, Colombia, Ecuador and Peru.

LTM reopened the international routes Bogota–Caracas and Buenos Aires (Aeroparque)–Rio de Janeiro, along with the long-haul route connecting Fortaleza–Miami, expanding connectivity between Brazil and the United States.

LTM’s consolidated traffic, measured in revenue passenger-kilometers (RPK), grew 9.6% year over year, owing to growth across all segments. While international traffic increased 13.3%, LATAM Airlines Brazil’s domestic traffic grew 5.9%, and the domestic traffic of LATAM Airlines’ affiliates in Chile, Colombia, Ecuador and Peru rose 4.1% year over year.

Although traffic improved on a year-over-year basis, it failed to outpace capacity expansion. As a result, the load factor fell 0.9 percentage points to 82.2% in May 2026.

In May 2026, LATAM Airlines transported 7.23 million passengers, an increase of 5% year over year. So far this year, LATAM Airlines has transported 37.02 million passengers across its network, reflecting an increase of 7.1% year over year.

VolarisMexican carrier, Volaris, recently reported a year-over-year increase in RPMs, a measure of air traffic, for May.

VLRS reported a 0.4% year-over-year decrease in consolidated capacity (measured in available seat miles).Consolidated traffic, measured in RPM, grew 4.9% year over year. Since traffic growth has outpaced capacity expansion, the load factorincreased 4.3 percentage points year over year to 86.2%.

On the domestic front, RPMs decreased 1.4% and ASMs (Available Seat Miles) decreased 4.4%, from the May 2025 levels. The domestic load factor in May was 89.3%, an improvement of 2.7 percentage points from the year-ago levels.

Internationally, RPM increased 15.9% year over year, while ASM rose 5.7% year over year. Since traffic growth outpaced capacity expansion, the international load factor increased 7.2 percentage points on a year-over-year basis to 81.9%.

During May 2026, VLRS transported 2.68 million passengers, representing a 7.2% year-over-year increase.

Ryanair HoldingsEuropean carrier, Ryanair, reported solid traffic numbers for May 2026, driven by upbeat air-travel demand. The number of passengers transported on Ryanair flights was 20.7 million in May 2026, reflecting a 6% year-over-year increase. Apart from a year-over-year surge, RYAAY’s traffic in May was much more than the April reading of 19.3 million, the March reading of 15.8 million, the February reading of 13.3 million and the January reading of 12.7 million, highlighting continued momentum from the beginning of the year.

Ryanair’s load factor remained flat year over year as well as sequentially at 95% in May 2026, reflecting stable and consistent demand for the carrier’s services. It improved from the load factor of 93% reported in both the months of April and March 2026, 92% reported in February 2026 and 91% reported in January 2026.

RYAAY operated more than 1,14,000 flights in May 2026. This marks an improvement from 1,08,000 flights operated in April 2026, 88,000 flights operated in March 2026, 75,000 flights operated in February 2026 and 73,000 flights operated in January2026, reflecting expanded capacity to meet strong passenger demand.

Copa Holdings (CPA - Free Report) ended the recent trading session at $141.69, demonstrating a +1.87% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.5%. Meanwhile, the Dow experienced a rise of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.31%.

Shares of the holding company for Panama's national airline have appreciated by 2.64% over the course of the past month, underperforming the Transportation sector's gain of 5.1%, and outperforming the S&P 500's loss of 0.23%.

Market participants will be closely following the financial results of Copa Holdings in its upcoming release. On that day, Copa Holdings is projected to report earnings of $1.72 per share, which would represent a year-over-year decline of 52.35%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.07 billion, up 27.47% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $15.18 per share and a revenue of $4.37 billion, representing changes of -6.76% and +20.69%, respectively, from the prior year.

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

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 6.82% upward. Copa Holdings is currently sporting a Zacks Rank of #3 (Hold).

With respect to valuation, Copa Holdings is currently being traded at a Forward P/E ratio of 9.16. This denotes a discount relative to the industry average Forward P/E of 11.65.

We can additionally observe that CPA currently boasts a PEG ratio of 1.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Transportation - Airline industry was having an average PEG ratio of 1.02.

The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 205, placing it within the bottom 16% of over 250 industries.

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

You can find more information on all of these metrics, and much more, on Zacks.com.

Zusammensetzung der Finanzmittel von Eightco zum 10. Juni 2026: 90 Mio. USD an OpenAI-Anteilen (indirekt), 18 Mio. USD an Beast
Industries-Anteilen, 16.278 ETH, 283 Millionen WLD-Bestände sowie 142 Mio. USD an Barmitteln und Barmitteläquivalenten,
insgesamt rund 406 Millionen USD

OpenAI gab bekannt, dass es einen vertraulichen S-1-Antrag eingereicht hat, um den Weg für einen
Börsengang zu ebnen

World bietet eine Lösung für das Problem des „doppelten Menschen" in einer Welt, in der Deepfakes immer weiter um sich greifen

Eightco bietet einen indirekten Zugang zu einigen der innovativsten Privatunternehmen, darunter
OpenAI und Beast Industries

, /PRNewswire/ -- Eightco Holdings Inc. (NASDAQ: ORBS) („Eightco" oder das „Unternehmen") hat heute einen aktuellen Überblick über sein Gesamtportfolio gegeben und dabei seine einzigartige Position im Bereich digitaler Vermögenswerte sowie seine strategischen Investitionen in führende private Technologieunternehmen hervorgehoben.

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $406 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens

Zum 10. Juni 2026, 16:30 Uhr ET, umfassen die Bestände von ORBS eine Investition in Höhe von 90 Millionen US-Dollar (indirekt über Zweckgesellschaften) in OpenAI, eine Investition in Höhe von 18 Millionen US-Dollar in Beast Industries, eine Investition in Höhe von 1 Million US-Dollar in Mythical Games, 283.452.700 Worldcoin (WLD) zu einem Preis von 0,45 US-Dollar pro WLD (laut Coinbase), 16.278 Ethereum (ETH) sowie insgesamt rund 142 Millionen US-Dollar an Barmitteln und Stablecoins, was einem Gesamtportfolio von rund 406 Millionen US-Dollar entspricht.

Die wichtigsten KI-Schlagzeilen in den Nachrichten:

Das Management von ORBS ist der Ansicht, dass das Treasury-Portfolio des Unternehmens einige der wichtigsten Komponenten für das künftige KI- und digitale Finanzsystem enthält. Zu den wichtigsten Beteiligungen der letzten Wochen gehören:

Kürzlich wurde berichtet, dass Hacker möglicherweise KI einsetzen können, um Fingerabdrücke aus veröffentlichten Bildern von Menschen zu extrahieren, die Selfies mit dem Peace-Zeichen machen. Mithilfe von Bildbearbeitungssoftware und KI-Tools lassen sich Fingerabdruckrillen in hochauflösenden Bildern hervorheben und sichtbar machen (The New York Post). Angesichts der zunehmenden Verbreitung fortschrittlicher KI-Tools gewinnen die Orb-Geräte von „Tools For Humanity" immer mehr an Bedeutung, um die Menschlichkeit nachzuweisen. Am 8. Juni gab OpenAI bekannt, dass es einen vertraulichen S-1-Antrag eingereicht hat, um den Weg für einen Börsengang zu ebnen (OpenAI). „Ein künftiger Börsengang von OpenAI wird es Privatanlegern ermöglichen, eine direkte Beteiligung an einem der wichtigsten Unternehmen zu erwerben, die den Wandel im Bereich der künstlichen Intelligenz vorantreiben", sagte Thomas „Tom" Lee, Vorstandsmitglied von Eightco. „ORBS ermöglicht Anlegern durch seine derzeitigen indirekten Beteiligungen am Eigenkapital von OpenAI ein Engagement bei OpenAI noch vor einem möglichen Börsengang."

Eightco: Zugang zu wichtigen Megatrends

Eightco ist auf drei Megatrends ausgerichtet, die nach Einschätzung des Unternehmens das nächste Jahrzehnt der Innovation prägen werden: Künstliche Intelligenz, digitale Identität und die Creator-Economy, wobei das Unternehmen über indirekte Investitionen in OpenAI (22 % der Bestände von ORBS), Worldcoin (32 %) und Beast Industries (4 %) in jedem dieser Trends engagiert ist.

Künstliche Intelligenz – OpenAI

Eightco hat rund 90 Millionen US-Dollar in Zweckgesellschaften investiert, die Beteiligungen an der Muttergesellschaft von OpenAI halten; dies entspricht etwa 22 % des Eigenkapitals und stellt eine der höchsten offengelegten Konzentrationen unter allen börsennotierten Vehikeln dar.

ChatGPT, die Verbraucher-App von OpenAI, ist weltweit die Nummer 1 unter den KI-Apps für Verbraucher (Sensor Tower) und hat im Februar 2026 die Marke von 900 Millionen wöchentlich aktiven Nutzern überschritten, womit sie die am schnellsten wachsende Verbrauchertechnologie der Geschichte ist (UBS via Reuters).

Digitale Identität – WLD-Token

Eightco hält über 283 Millionen WLD, was etwa 8,4 % des im Umlauf befindlichen Bestands entspricht. Dies ist weltweit die größte öffentlich bekannt gegebene institutionelle Position und macht etwa 32 % des Vermögens der Eightco-Kasse aus.

Worldcoin ist der native Token von World, einem globalen Proof-of-Human-Netzwerk, das von Tools for Humanity, mitbegründet von Sam Altman und Alex Blania, aufgebaut wurde und von der World Foundation betreut wird. Die Orb-Geräte stellen eine datenschutzwahrende World ID aus, mit der verifiziert wird, dass ein Nutzer ein einzigartiger Mensch und kein KI-Agent ist.

Nach dem von World angekündigten Geschäftsmodell zahlen Anwendungen Gebühren pro Verifizierung, während die Verifizierung für Endnutzer kostenlos bleibt. Sowohl Aussteller von Berechtigungsnachweisen als auch das World-Protokoll monetarisieren dabei die Authentifizierung verifizierter echter Menschen. World sieht in 13 Branchen, darunter Bankwesen, E-Commerce, Gaming, soziale Medien und agentische KI, eine adressierbare Umsatzchance von insgesamt 6,35 Billionen US-Dollar (laut Tools for Humanity).

Creator-Ökonomie – Beast Industries

Eightco hat 18 Millionen Dollar in Aktien von Beast Industries investiert, was etwa 4 % des Eigenkapitals entspricht.

Beast Industries verfügt über eine der weltweit größten direkten Reichweiten bei Verbrauchern und erreicht plattformübergreifend insgesamt mehr als 500 Millionen Follower, gestützt auf MrBeast als die weltweit meistgesehene Person auf YouTube. Da KI die Produktion von Inhalten zunehmend austauschbar macht, werden Verbreitung und Vertrauen des Publikums zu zunehmend knappen Vermögenswerten.

Informationen zu Eightco Holdings Inc.

Eightco Holdings Inc. (NASDAQ: ORBS) ist ein börsennotiertes Unternehmen, das eine in ihrer Art einzigartige Worldcoin (WLD)-Treasury-Strategie verfolgt und Anlegern über einen einzigen Ticker ein indirektes Engagement in drei der prägenden Trends dieses Zyklus bietet: künstliche Intelligenz durch die indirekte Investition in OpenAI, digitale Identität durch die Position als größter börsennotierter Inhaber von WLD und des Proof-of-Human-Protokolls sowie die Creator-Ökonomie durch die Eigenkapitalbeteiligung an MrBeasts Beast Industries. Unterstützt von führenden institutionellen Investoren, darunter Bitmine Immersion Technologies Inc. (NYSE: BMNR), MOZAYYX, World Foundation, CoinFund, Discovery Capital Management, FalconX, Payward/Kraken, Pantera und GSR, baut Eightco die Infrastrukturebene für Proof-of-Human-Verifizierung im Zeitalter agentischer KI auf.

Weitere Informationen erhalten Sie hier:

X: @iamhuman_orbs

Website: 8co.holdings

Häufig gestellte Fragen

Was ist die ORBS-Aktie?

Eightco Holdings Inc. (NASDAQ: ORBS) ist ein börsennotiertes Unternehmen an der Nasdaq. ORBS bietet indirekten Zugang zu: OpenAI und Beast Industries.

Wer besitzt die meisten Worldcoin (WLD)?

Eightco Holdings (NASDAQ: ORBS) hält 283 Millionen WLD, was etwa 8,4 % des Umlaufbestands entspricht und weltweit die größte öffentlich bekannt gegebene institutionelle Position darstellt.

Was ist Proof of Human?

Proof of Human ist eine kryptografische Verifizierung, die bestätigt, dass ein Nutzer ein einzigartiger, lebender Mensch und kein Bot oder KI-Agent ist. Sie bildet eine grundlegende Infrastruktur für soziale Netzwerke, Bankwesen, agentischen Handel und jedes System, das im Zeitalter agentischer KI das Prinzip „eine Person, ein Konto" erfordert.

Wie hängt Eightco (ORBS) mit Proof of Human zusammen?

Eightco Holdings (NASDAQ: ORBS) ist der größte öffentlich offengelegte institutionelle Inhaber von Worldcoin (WLD), dem Token, der das Proof-of-Human-Netzwerk von World antreibt.

Wer ist Geschäftsführer von Eightco Holdings?

Kevin O'Donnell ist CEO von Eightco Holdings (NASDAQ: ORBS). Dem Verwaltungsrat des Unternehmens gehören Tom Lee, geschäftsführender Partner und Leiter der Research-Abteilung bei Fundstrat sowie Vorsitzender von Bitmine Immersion Technologies (NYSE: BMNR), sowie Brett Winton, Chef-Futurist bei ARK Invest, als Berater des Verwaltungsrats an.

Zukunftsgerichtete Aussagen

Diese Pressemitteilung enthält zukunftsgerichtete Aussagen im Sinne des Private Securities Litigation Reform Act of 1995. Alle Aussagen in dieser Pressemitteilung, bei denen es sich nicht um historische Tatsachen handelt, können als zukunftsgerichtet angesehen werden. Dazu gehören unter anderem Aussagen über die Erwartung des Unternehmens, dass künstliche Intelligenz, digitale Identität und die Creator-Economy das nächste Jahrzehnt der Innovation prägen werden; die Überzeugung des Unternehmens, dass sein Treasury-Portfolio einige der wichtigsten Komponenten für das zukünftige KI- und digitale Finanzsystem enthält; Aussagen zur Bedeutung von Orb-Geräten für den Nachweis der Menschlichkeit angesichts der zunehmenden Verbreitung fortschrittlicher KI-Tools; Erwartungen hinsichtlich eines möglichen Börsengangs von OpenAI und die Erwartung, dass ein solcher Börsengang es öffentlichen Anlegern ermöglichen würde, eine direkte Beteiligung an einem der wichtigsten Unternehmen zu erwerben, das die KI-Transformation vorantreibt; die Aussage eines Vorstandsmitglieds des Unternehmens, dass das Engagement von ORBS bei OpenAI es Anlegern ermöglicht, bereits vor einem Börsengang in OpenAI zu investieren; Aussagen darüber, dass ChatGPT die am schnellsten wachsende Verbrauchertechnologie der Geschichte ist; die Überzeugung, dass die „Proof-of-Human"-Verifizierung im Zeitalter der agentenbasierten KI zu einer unverzichtbaren Infrastruktur für soziale Netzwerke, das Bankwesen, den agentenbasierten Handel und Finanzsysteme wird; Aussagen darüber, dass sich für World ein adressierbares Umsatzpotenzial von 6,35 Billionen US-Dollar über verschiedene Branchen hinweg ergibt, darunter Bankwesen, E-Commerce, Gaming, soziale Medien und agentische KI; sowie Aussagen über die Bedeutung von Vertrieb und Vertrauen der Zielgruppe angesichts der zunehmenden Kommerzialisierung der Inhaltsproduktion durch KI. Wörter wie „plant", „erwartet", „wird", „rechnet mit", „fortsetzen", „erweitern", „voranbringen", „entwickeln", „glaubt", „Prognose", „Ziel", „kann", „bleiben", „prognostizieren", „Ausblick", „beabsichtigen", „schätzen", „könnte", „sollte" sowie andere Wörter und Begriffe mit ähnlicher Bedeutung und Aussage sollen zukunftsgerichtete Aussagen kennzeichnen, auch wenn nicht alle zukunftsgerichteten Aussagen solche Begriffe enthalten. Zukunftsgerichtete Aussagen beruhen auf den aktuellen Einschätzungen und Annahmen des Managements, die Risiken und Unsicherheiten unterliegen und keine Garantie für die künftige Leistung darstellen. Die tatsächlichen Ergebnisse können aufgrund verschiedener Faktoren erheblich von den in zukunftsgerichteten Aussagen enthaltenen Ergebnissen abweichen. Dazu gehören unter anderem: die Unfähigkeit des Unternehmens, die Geschäftsführung oder den Betrieb privater Unternehmen zu lenken, an denen das Unternehmen nicht als Mehrheitsaktionär beteiligt ist, einschließlich OpenAI und Beast Industries; das Risiko von Verlusten oder Wertminderungen bei den strategischen Investitionen des Unternehmens, einschließlich seiner indirekten Beteiligung am Eigenkapital von OpenAI (gehalten über Zweckgesellschaften), seiner Beteiligung an WLD und seiner Beteiligung am Eigenkapital von Beast Industries; die Fähigkeit des Unternehmens, die Anforderungen der Nasdaq für die fortgesetzte Notierung weiterhin zu erfüllen; unerwartete Kosten, Aufwendungen oder Ausgaben, die die Kapitalressourcen des Unternehmens verringern oder anderweitig den Kapitaleinsatz verzögern; die Unfähigkeit, ausreichendes Kapital zur Finanzierung oder Skalierung seiner Geschäftstätigkeit oder strategischer Investitionen zu beschaffen; Volatilität der Preise digitaler Vermögenswerte, einschließlich WLD und ETH, die den Wert der eigenen Bestände des Unternehmens erheblich beeinträchtigen könnte; regulatorische Änderungen, künftige Gesetzgebung und Regelsetzungen, die sich negativ auf digitale Vermögenswerte, die Einführung künstlicher Intelligenz oder die Erhebung biometrischer Daten auswirken; Risiken im Zusammenhang mit der Entwicklung, Einführung und Marktakzeptanz der Proof-of-Human-Technologie und des World-Netzwerks; Unsicherheiten hinsichtlich des Tempos und der Entwicklung des Einsatzes agentischer KI in Unternehmens- und Verbraucheranwendungen; Unsicherheiten hinsichtlich der Produkt-Roadmap von OpenAI sowie des Zeitpunkts oder des Erfolgs eines möglichen Börsengangs; Risiken im Zusammenhang mit der Fähigkeit von Beast Industries, seine Wachstumsprognosen zu erreichen; sowie sich wandelnde Positionen der Öffentlichkeit und der Regierungen zu digitalen Vermögenswerten oder Branchen im Zusammenhang mit künstlicher Intelligenz. Angesichts dieser Risiken und Unsicherheiten wird davor gewarnt, sich unangemessen stark auf solche zukunftsgerichteten Aussagen zu verlassen. Eine Erörterung weiterer Risiken und Unsicherheiten sowie anderer wichtiger Faktoren, die jeweils dazu führen könnten, dass die tatsächlichen Ergebnisse von Eightco von den hierin enthaltenen zukunftsgerichteten Aussagen abweichen, findet sich in den Einreichungen von Eightco bei der Securities and Exchange Commission („SEC"), einschließlich der Risikofaktoren und anderer Offenlegungen im Jahresbericht auf Formular 10-K, der am 15. April 2026 bei der SEC eingereicht wurde, sowie in anderen öffentlich verfügbaren SEC-Einreichungen. Alle Informationen in dieser Pressemitteilung beziehen sich auf das Datum der Veröffentlichung. Eightco übernimmt keine Verpflichtung, diese Informationen zu aktualisieren oder die Ergebnisse von Überarbeitungen dieser Aussagen öffentlich bekannt zu geben, um künftige Ereignisse oder Entwicklungen widerzuspiegeln, sofern dies nicht gesetzlich vorgeschrieben ist.

GigaCloud Technology Inc. (GCT - Free Report) closed at $34.10 in the latest trading session, marking a +1.94% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.5%. Meanwhile, the Dow experienced a rise of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.31%.

Shares of the company witnessed a loss of 9.74% over the previous month, trailing the performance of the Business Services sector with its loss of 1.84%, and the S&P 500's loss of 0.23%.

Market participants will be closely following the financial results of GigaCloud Technology Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.85, reflecting a 6.59% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $383.7 million, reflecting a 18.94% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $4.18 per share and revenue of $1.53 billion, which would represent changes of +16.43% and +18.96%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for GigaCloud Technology Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

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

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 2.22% fall in the Zacks Consensus EPS estimate. GigaCloud Technology Inc. presently features a Zacks Rank of #3 (Hold).

In terms of valuation, GigaCloud Technology Inc. is presently being traded at a Forward P/E ratio of 8. This signifies a discount in comparison to the average Forward P/E of 15.5 for its industry.

The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 158, placing it within the bottom 36% of over 250 industries.

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

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Earlier this year, the Trump administration launched Project Vault, a $12 billion initiative designed to establish a U.S. Strategic Critical Minerals Reserve. The purpose is to stockpile critical minerals and protect domestic manufacturers from potential global supply chain disruptions.

This is one of the initiatives to boost the supply and manufacturing of rare-earth elements and other critical minerals in the U.S. The U.S. has also provided funding to domestic companies to boost their mining and processing capabilities.

USA Rare Earth (USAR 2.53%) is one such beneficiary. The company recently announced a new facility in South Carolina that will help it scale the production of key magnets used in modern technologies. Here's what investors need to know about the move and what's next from here.

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USA Rare Earth has made some major moves over the past year This month, USA Rare Earth selected Cherokee County, South Carolina, as the site for its new manufacturing facility. The company will invest $1.2 billion in the 800,000-square-foot facility, where it plans to manufacture 6,400 metric tons of sintered neodymium-iron-boron (NdFeB) permanent magnets and 5,000 metric tons of refined rare-earth metals. Site work will start later this year, with the facility expected to come online in 2028.

The move comes as USA Rare Earth looks to boost the domestic production of critical minerals and the permanent magnets made from them, which are key components in many of today's technologies, including electric vehicles, wind turbines, defense guidance systems, and consumer electronics.

Image source: Getty Images.

Earlier this year, the U.S. government invested $1.6 billion in USA Rare Earth through the CHIPS and Science Act, including $1.3 billion in senior secured loans and $277 million in direct federal incentives. In return, the Department of Commerce received 16.1 million shares of common stock and approximately 17.6 million warrants.

The new facility is just one of several moves made by USA Rare Earth in the past year, as the U.S. looks to reduce its dependence on China for critical minerals. In recent months, USA Rare Earth has acquired Serra Verde Group for $2.8 billion and Less Common Metals for about $220 million, bridging the timing gap between the development of its resource-rich Round Top mine in Texas, which will begin commercial production in 2028.

Investors bullish on the U.S. build-out of its critical minerals supply chain may find USA Rare Earth intriguing, but it will take time for the company to scale up and begin generating meaningful revenue. Analysts covering the stock project sales of $79 million this year, $550 million next year, and $1.4 billion by 2028.

With its expanded manufacturing capabilities, the company looks to produce 10,000 metric tons per year of NdFeB permanent magnets and 10,000 metric tons of heavy rare-earth metals and alloys by the early 2030s, potentially positioning USA Rare Earth as a key player in the U.S.'s ongoing "mine-to-magnet" initiative.

The eye care company said the move reflects its continued focus on underserved ophthalmic diseases and marks progress in executing its portfolio strategy.

Mark Baum, chief executive officer of Harrow, noted that VERKAZIA is the second of three priority products identified in the company's recent Letter to Stockholders that Harrow is actively advancing within its portfolio.

How Verkazia Works In VKC TreatmentVERKAZIA is a topical calcineurin inhibitor immunomodulator designed to address the underlying inflammation associated with VKC.

According to the company, clinical guidelines are increasingly supporting the earlier use of calcineurin inhibitors to help manage inflammation, reduce dependence on corticosteroids, and improve long-term patient outcomes.

Unlike long-term corticosteroid therapy, VERKAZIA does not carry risks such as glaucoma or cataract formation, a factor that may be particularly important for pediatric patients who often require extended treatment.

Clinical Data Supports Steroid-Sparing ApproachHarrow said randomized, controlled clinical trials demonstrated statistically significant improvements in keratitis, or corneal damage, among patients treated with VERKAZIA.

The studies also showed meaningful reductions in common VKC symptoms, including itching, photophobia, and tearing. In addition, patients receiving VERKAZIA required less corticosteroid rescue therapy than those in the control group.

The company said these findings support VERKAZIA's role as a foundational treatment option that may help reduce long-term reliance on steroids in VKC management.

Analyst Views Relaunch As Portfolio EnhancementIn an investor note on Wednesday, William Blair wrote that Harrow's relaunch of Verkazia for VKC may not be expected to be a major top-line driver, but it still represents a supplemental source of revenue for the company.

The update exemplifies management's ongoing initiatives to maximize the value of its broader portfolio and strengthen its expanding ophthalmic portfolio.

HROW Price Action: Harrow shares were up 3.45% at $35.50 at the time of publication on Thursday, according to Benzinga Pro data.HROW Stock Price Activity: Harrow shares were down 1.11% at $35.50 during premarket trading on Thursday, according to Benzinga Pro data.

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Key Takeaways IMRX began patient dosing in the phase III MAPKeeper 301 study for first-line pancreatic cancer.MAPKeeper 301 tests atebimetinib plus mGnP versus standard-of-care GnP in metastatic PDAC.Primary goal of the MAPKeeper study is overall survival, with top-line data expected in mid-2028. Shares of Immuneering Corporation (IMRX - Free Report) were up 5.1% yesterday after the company announced the dosing of the first patient in a pivotal phase III study evaluating its lead product candidate, atebimetinib (IMM-1-104), in combination with modified gemcitabine/nab-paclitaxel (mGnP) for the first-line treatment of metastatic pancreatic cancer.

The global phase III MAPKeeper 301 study will evaluate the safety and efficacy of atebimetinib, a dual MEK inhibitor plus mGnP, in patients with metastatic pancreatic ductal adenocarcinoma (PDAC) who have received no prior systemic anti-cancer therapy.

In the MAPKeeper 301 study, patients will be randomized to receive either atebimetinib (320 mg once daily) in combination with mGnP or standard-of-care GnP alone.

The primary endpoint of the study is overall survival (OS), while key secondary endpoints include progression-free survival, overall response rate, disease control rate, safety and tolerability and quality of life.

Top-line data from the MAPKeeper 301 study is expected to be announced in mid-2028.

IMRX Price PerformanceYear to date, shares of Immuneering have declined 37.4% compared with the industry’s decrease of 3.3%.

Image Source: Zacks Investment Research

IMRX's Updates on Atebimetinib DevelopmentIn January 2026, the company reported positive updated OS and safety data from the phase IIa study arm evaluating atebimetinib plus mGnP for treating first-line pancreatic cancer.

Data from the study showed that the combination of atebimetinib plus mGnP led to a 64% OS at 12 months compared to 35% for the standard of care in the given patient population.

The company is also developing atebimetinib as a monotherapy in third-line pancreatic cancer.

Beyond pancreatic cancer, Immuneering is evaluating atebimetinib in combination with Regeneron's (REGN - Free Report) anti-PD-1 therapy, Libtayo (cemiplimab), in a phase II study in patients with first-line RAS-mutant non-small-cell lung cancer (NSCLC). Dosing in the study is expected to begin in the second half of 2026.

In February 2025, Immuneering entered into a collaboration with Regeneron to evaluate atebimetinib in combination with Libtayo for treating NSCLC.

Per this agreement, Immuneering will fund the planned studies while REGN will supply Libtayo, which is approved for multiple cancer indications.

IMRX's Zack Rank & Stocks to ConsiderImmuneering currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the biotech sector are Liquidia Corporation (LQDA - Free Report) and Immunocore (IMCR - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Over the past 60 days, estimates for Liquidia’s 2026 EPS have increased to $2.97 from $1.50. Over the same period, EPS estimates for 2027 have risen to $4.81 from $2.91. LQDA shares have surged 107.7% year to date.

Liquidia’s earnings beat estimates in three of the trailing four quarters and missed in the remaining one, with the average surprise being 54.40%.

Over the past 60 days, estimates for Immunocore’s 2026 bottom line have improved from a loss of 88 cents per share to earnings of 6 cents. Over the same period, EPS estimates for 2027 have risen from 24 cents to 87 cents. IMCR shares have lost 17.5% year to date.

Immunocore’s earnings beat estimates in three of the trailing four quarters and missed in the remaining one, with the average surprise being 46.66%.

New York, New York--(Newsfile Corp. - June 11, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

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

WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed 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.

To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301218

Source: The Rosen Law Firm PA

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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 11, 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.

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/300917

Source: Faruqi & Faruqi LLP

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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, June 12, 2026 (GLOBE NEWSWIRE) -- 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.

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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5

NEW YORK, June 12, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of POET Technologies Inc. (NASDAQ: POET).

Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/poet-technologies-inc-loss-submission-form/?id=187712&from=3

CLASS PERIOD: April 1, 2026 to April 27, 2026

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company 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, 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.

DEADLINE: June 29, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/poet-technologies-inc-loss-submission-form/?id=187712&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of POET during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 29, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

New York, New York--(Newsfile Corp. - June 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

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

WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed 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.

To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301295

Source: The Rosen Law Firm PA

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-

New analyses from the Phase 1 SANRECO study demonstrate potential improvements in PV symptoms and quality-of-life

Follow-up data show substantial reductions in phlebotomy use persisting after final dose

Phase 2 SANRECO study evaluating Q6W and Q12W dosing remains on-track for topline results in August 2026

LONDON--(BUSINESS WIRE)--Silence Therapeutics plc (Nasdaq: SLN), a global clinical-stage biotechnology company developing novel siRNA (short interfering RNA) therapies, today presented follow-up and quality-of-life data from the Phase 1 SANRECO study evaluating divesiran, a first-in-class siRNA therapy targeting TMPRSS6, in 21 phlebotomy-dependent patients with polycythemia vera (PV) at the European Hematology Association (EHA) 2026 Annual Congress.

Divesiran data presented at EHA show improvements in PV-related symptoms and quality-of-life, complementing the substantial reductions in phlebotomy use as previously reported. Additional analyses also showed substantial reductions in phlebotomy use persisted well beyond the final dose.

“Data presented at EHA continue to reinforce divesiran’s potential to transform the treatment paradigm for patients with polycythemia vera,” said Curtis Rambaran, MD, Chief Medical Officer at Silence Therapeutics. “In Phase 1, we observed sustained hematocrit control, symptom improvement, and robust and durable reductions in phlebotomy burden, which persisted after the final dose. These findings further support the potential for less frequent dosing, including the Q12W regimen being evaluated in our ongoing Phase 2 SANRECO study, and we look forward to reporting topline results in August 2026.”

Key EHA 2026 Data Highlights

In the six months prior to treatment, the 21 enrolled patients required a total of 80 phlebotomies. During the active treatment period, only 5 phlebotomies were required, all occurring in patients classified as “uncontrolled” at baseline with HCT levels greater than 45%. During the 16-week follow-up period after the final dose, only 4 phlebotomies were reported, supporting the prolonged duration of divesiran’s effect. Among 14 patients with further follow-up data, the median time to first phlebotomy was 287 days. The majority of patients experienced improvements in MPN-10 total symptom scores from baseline through Week 34, indicating potential improvements in disease-related symptoms and overall quality of life. Divesiran was well tolerated, with no dose-limiting toxicities observed. The most common treatment-emergent adverse events (TEAEs) were mild and transient injection-site reactions. No treatment-related serious adverse events or TEAEs leading to discontinuation were reported. The 2026 EHA poster presentation is linked here.

The ongoing Phase 2 SANRECO study (NCT05499013) is evaluating divesiran using Q6W and Q12W dosing regimens in patients with PV. Topline data are expected in August 2026.

SANRECO Phase 1 Study Design
The Phase 1 portion of SANRECO was a 34-week, open-label study evaluating divesiran (3 mg/kg, 6 mg/kg and 9 mg/kg) administered subcutaneously (s.c.) Q6W for four doses, with a 16-week follow-up period following the date of the last administered dose in 21 PV patients. Key inclusion criteria included a PV diagnosis and a history of requiring at least three phlebotomies in the last six months or five in the last year prior to screening. Patients were allowed to be on stable doses of cytoreductive agents. Given the exploratory nature of this Phase 1 study, both well-controlled patients - defined as those with HCT levels ≤ 45% – as well as those with HCT levels > 45% at baseline on current standard-of-care treatment were enrolled.

SANRECO Phase 2 Study Design
The Phase 2 portion of SANRECO is an ongoing, three-part, global, randomized, placebo-controlled, double-blind study evaluating divesiran in 48 phlebotomy-dependent PV patients. The trial is evaluating the safety and efficacy of divesiran 6 mg administered s.c. Q6W or Q12W in patients with uncontrolled HCT who are phlebotomy-dependent despite standard-of-care treatment which could include hydroxyurea, interferon and/or ruxolitinib. The primary endpoint of the study is the proportion of patients achieving a response during weeks 18-36, which is defined as the absence of “phlebotomy eligibility.” To meet phlebotomy eligibility, patients in the study are required to have HCT ≥ 45%. Following the placebo-controlled portion of the trial, patients enter the 3-year, double-blind and open label extension periods.

About PV
PV is a rare, myeloproliferative neoplasm – a type of blood cancer - characterized by the excessive production of red blood cells, often resulting in elevated hematocrit levels. Elevated hematocrit above 45-percent is associated with a four-times higher rate of death from cardiovascular and thrombotic events. PV is associated with a range of burdensome symptoms including fatigue, cognitive disturbance and pruritus and additionally, longer term can transform to myelofibrosis and Acute Myeloid Leukemia. The aim of treatment is to maintain hematocrit less than 45%, a level that is associated with a reduced incidence of thrombosis and CV-associated death. The current standard of care includes repeated phlebotomies to reduce hematocrit and/or cytoreductive agents to reduce red blood cell production. There are currently no approved therapies that specifically target red blood cells and hematocrit.

About Divesiran
Divesiran is Silence’s wholly owned siRNA product candidate developed from its proprietary mRNAi GOLD™ platform that “silences” TMPRSS6 expressed almost exclusively in the liver. TMPRSS6 is a negative regulator of hepcidin, the body's master regulator of iron metabolism including its absorption, distribution, and storage. By silencing TMPRSS6 in PV patients, divesiran aims to increase hepcidin production and release by liver hepatocytes, leading to the restriction of iron to the bone marrow and, thus, reducing the excessive production of red blood cells, a process dependent on availability of iron. Divesiran is currently in Phase 2 development for PV and has FDA Fast Track and Orphan Drug designations for PV.

About Silence Therapeutics
Silence Therapeutics is a global clinical-stage biotechnology company committed to transforming people’s lives by silencing diseases through precision engineered medicines created with proprietary siRNA (short interfering RNA) technology. Silence leverages its mRNAi GOLD™ platform to create innovative siRNAs designed to precisely target and silence disease-associated genes in the liver, which represents a substantial opportunity. Silence focuses on areas of high unmet medical need with programs advancing in cardiovascular disease, hematology and rare diseases. For more information, please visit https://www.silence-therapeutics.com/.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terminology such as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “design,” “due,” “estimate,” “expect,” “goal,” “intend,” “may,” “objective,” “plan,” “positioned,” “potential,” “predict,” “seek,” “should,” “target,” “will,” “would” and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology. All statements other than statements of historical facts contained in this press release are forward-looking statements. These forward-looking statements include, but are not limited to, statements about: continued clinical development of divesiran including the proposed SANRECO Phase 2 clinical activities and timelines; the potential therapeutic benefits of the Company’s product candidates; and the anticipated timing of topline and future results from the SANRECO Phase 2 trial. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated, including, but not limited to, risks and uncertainties related to: the company’s history of net operating losses; the company’s ability to obtain necessary capital to fund its clinical programs; the early stages of clinical development of the company’s product candidates; the company’s ability to obtain regulatory approval of and successfully commercialize its product candidates; any undesirable side effects or other properties of the company’s product candidates; the company’s reliance on third-party suppliers and manufacturers; the outcomes of any future collaboration agreements; and the company’s ability to adequately maintain intellectual property rights for its product candidates. These and other risks are described in greater detail under the section titled “Risk Factors” contained in the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and the company’s other filings with the SEC. Any forward-looking statements that the Company makes in this press release are made pursuant to the Private Securities Litigation Reform Act of 1995, as amended, and speak only as of the date of this press release. Except as required by law, the company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

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