Kroger po výsledcích za 1. čtvrtletí klesl o více než 8 %, i když tržby i celoroční výhled splnily očekávání. Investoři čekají na detaily o investicích a úsporách nákladů.
Kroger Co (NYSE:KR, XETRA:KOG) shares closed more than 8% lower on Thursday after the grocery retailer reported first-quarter results that largely met expectations and reaffirmed its full-year outlook, while investors looked for greater clarity on planned investments and cost savings.
Jefferies analysts maintained a ‘Buy’ rating on the stock and a $74 price target, describing Kroger's strategy as becoming more defined under CEO Greg Foran.
"Kroger's Q1 results were in-line with expectations, with identical sales excluding fuel up 1% led by e-commerce, fresh products and private-label brands," the analysts wrote. They added that grocery volumes remained negative but improved relative to prior periods, while management indicated unit market share performance was the strongest in two to three years.
Jefferies wrote that fiscal 2026 is expected to be "an H2 story," with Kroger anticipating earnings growth to accelerate in the second half of the year as cost-saving initiatives and investments increase. Management expects second-quarter identical sales to be roughly in line with the first quarter and adjusted earnings per share to be flat year over year, while acknowledging continued pressure on consumers.
The analysts noted that cost savings in the quarter exceeded internal plans by about 30%, with opportunities identified across merchandise costs and non-resale expenses. E-commerce sales increased 19%, driven by delivery services, and Kroger's combined e-commerce and retail media business became profitable.
Jefferies wrote that Foran's strategy is centered on narrowing Kroger's price gap with competitors, simplifying promotions and fostering a faster-paced operating culture. Management has indicated that planned price and value investments will be fully funded by cost reductions and that savings are expected to exceed investments.
However, the company declined to quantify either the amount of expected savings or the scale of planned investments, instead directing investors to its Oct. 20 investor day for additional details.
"Importantly, management was explicit that the strategy is not about being the lowest-price retailer, rather, it's about being more competitive," Jefferies wrote, adding that Kroger is resisting supplier price increases while maintaining pricing discipline.
Despite reducing earnings estimates to account for ongoing consumer weakness, Jefferies wrote that accelerating market share gains, profitable e-commerce operations and a greater focus on execution support its positive view on the company.
Kroger's NYSE: KR share price is under pressure due to slowing growth, sluggish results relative to high-flying AI names, and an expected slowdown in buybacks. However, despite the headwinds, the fundamental forces remain bullish, and the stock price is at long-term lows. Look for the company, institutions, and analysts to signal a buy that soon shows up in the charts.
Technically, KR shares are testing critical support with long-term implications. The level represents a convergence of lesser targets, including previous lows and a long-term exponential moving average that has provided support numerous times.
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A sustained dip below this level is unlikely, as it would indicate a significant change in the fundamental outlook; more likely, the June price implosion triggers a robust market response, confirming support and the long-term uptrend.
Kroger Isn’t a Growth Investment: Kroger Is About Cash Flow and Capital ReturnBoiled down to its essence, Kroger is not so much a growth story as an inflation-resistant buy-and-hold story for long-term investors. Its attractions include a strong industry position, robust cash flow, and capital returns. Its industry position is that of a retailer focused on daily necessities and essentials like food, health and family care. Its benefits to investors include predictable cash flows, a healthy balance sheet, and the capacity for capital returns to increase over time.
Capital returns, specifically buybacks, are aggressive this year, the result of 2024's failed Albertsons NYSE: ACI bid, and are likely to slow in the upcoming year, remaining a driver for this market. The dividend is the base payment, yielding approximately 2.5% as of mid-year 2026, and the distribution is expected to grow. Kroger has increased its dividend for 19 years, is on track to be included in the Dividend Champions, and is unlikely to alter its trajectory without dire need.
Buybacks are the bonus. Accelerated in 2026 to utilize unneeded cash, which had been hoarded in anticipation of an acquisition, Kroger reduced its share count by an average of over 8% over the trailing 12 months. It is on track to exhaust a multi-billion-dollar authorization by year’s end. The question is what comes next, and an additional authorization is likely, albeit with a slower implied pace of share count reduction.
Kroger Analysts and Institutions Limit Downside RiskAnalysts and institutional trends highlight the quality of capital returns. MarketBeat tracks 17 analysts, high for such a mundane name, rating the stock as a consensus of Moderate Buy with a 53% Buy-side bias and no Sell rating logged.
Overall MarketRank™85th Percentile
Analyst RatingModerate Buy
Upside/Downside26.0% Upside
Short Interest LevelBearish
Dividend StrengthStrong
News Sentiment0.43 Insider TradingN/A
Proj. Earnings Growth6.86%
See Full Analysis
They forecast approximately 30% upside at consensus, up from last year and steady over the trailing three-month period. It is unlikely that the Q1 release will catalyze price target revisions, whether bullish or bearish. The more likely outcome is for targets to fall, but sentiment and outlook to remain otherwise positive.
Institutional trends also reflect bullish behavior, with them owning more than 80% of the stock and accumulating shares. Selling has intensified in recent months, but is offset by greater buying, underpinning support for this market. The likely outcome from this vector, given the low share price and technical setup, is that selling pressure dwindles while buying ramps up. Kroger provides value at its current levels relative to its long-term forecasts and competitors. Competitors trade at double the valuation, while long-term forecasts suggest the stock could double over time while maintaining the current valuation.
Kroger’s Mixed Results Were Priced Into the MarketKroger’s Q1 earnings release was mixed, providing reasons for caution but no impetus to shed shares. Revenue grew 2.2% to $46.12 billion, more than $500 million above expectations, but the margin was weak. The caveat is that margin contraction was minimal, leaving cash flow in solid shape. While lower than expected, the cash flow provides ample coverage of capital returns.
Looking ahead, guidance is also insufficient to catalyze a bullish market response but does not alter the capital return outlook. Near-term pressures will ease over time, enabling buybacks and distribution growth to do their work on the share price.
Kroger’s biggest risk this year is capital-intensive store updates. The company is rolling out nationwide digital shelf labels and supply chain enhancements expected to pay off over time. The risk is that they don’t translate into improved revenue or profits as quickly as hoped, and drag on results moving forward. Catalysts include systemwide price reductions intended to improve competitiveness and private label. The near-term headwind is margin pressure, but market share gains and private label strength will offset it over time.
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Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries.
"Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.
HPQ podepsala s LN Innov' a Novacium nezávazný dopis o záměru (LOI) za účelem posouzení kanadské platformy pro baterie a elektrický pohon pro drony, robotiku a obranu v Severní Americe. HPQ v Novacium drží 36,8% podíl a exkluzivní severoamerická komerční práva.
HPQ signed an LOI with LN Innov' and Novacium SAS to evaluate a Canadian-based platform integrating advanced batteries, electric motors and propulsion systems for North American drone and defense markets. HPQ has direct exposure to the proposed platform through their 36.8% equity interest in Novacium SAS and exclusive North American commercialization rights. More than 20 customers have tested LN Innov electric propulsion systems, and more than a dozen have subsequently placed commercial orders. LN Innov is presently scaling up its manufacturing capacity to reach up to 20,000 drone motors per month in France by the end of Q3 2026. Novacium's advanced battery technologies are currently being evaluated by French drone manufacturers introduced through LN Innov for potential integration into future drone platforms. , /PRNewswire/ - HPQ Silicon Inc. ("HPQ" or the "Company") (TSXV: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company specializing in advanced materials innovation and next-generation industrial processes, today announced that it signed a Letter of Intent ("LOI") with LN Innov' ("LN Innov"), a French developer and manufacturer of high-performance electric propulsion systems, and Novacium SAS ("Novacium") on June 16 2026, during the 2026 edition of the Eurosatory exhibition in Paris, France.
HPQ holds a 36.8% equity interest in Novacium and exclusive North American commercialization rights to its technologies.
"As drones become increasingly critical across commercial, industrial and defense applications, governments and industry are recognizing that batteries and electric propulsion systems have become strategic technologies," said Bernard Tourillon, President and CEO of HPQ Silicon. "Today, much of that supply chain remains concentrated in Asia, creating vulnerabilities that many jurisdictions are actively working to reduce. Through our partnership with Novacium and this new collaboration with LN Innov, we have an opportunity to evaluate the adaptation of an industrial model currently being deployed in Europe for North American markets, combining advanced battery technologies with proven electric propulsion expertise. For HPQ, this represents another step in our broader strategy of identifying innovative technologies with demonstrated market potential and positioning the Company to assess potential commercialization opportunities across North America."
Scope of the LOI
The LOI establishes a framework for HPQ, Novacium and LN Innov to evaluate, over the next 190 days, the feasibility of establishing a Canadian-based platform integrating Novacium's battery technologies, to be sold under the HPQ ENDURA+ brand and LN Innov's electric propulsion systems for drone, robotics and defense markets across North America.
The parties have already completed preliminary technical reviews that supported the decision to enter into this LOI. The evaluation contemplated under the LOI will focus primarily on industrialization, manufacturing, supply-chain requirements, certification pathways, target applications, business structure and potential commercialization strategies for North American markets.
The LOI is non-binding, does not grant exclusivity and does not include financial commitments, payment obligations or minimum purchase requirements. Any future collaboration would remain subject to further evaluation and the negotiation of definitive agreements.
Any future collaboration would remain subject to further evaluation and the negotiation of definitive agreements.
There can be no assurance that the evaluation activities contemplated by the LOI will result in the execution of a definitive agreement or any commercial arrangement between the parties.
LN Innov' Sovereign High-Performance Electric Propulsion Platform
Electric motors are at the heart of every autonomous platform, directly influencing performance, efficiency and thrust-to-weight ratio. LN Innov' develops and manufactures high-performance propulsion systems for a broad range of applications, including FPV drones, interception systems, surveillance platforms and payload-delivery drones.
More than 20 customers operating in the drone, robotics and defense sectors have tested LN Innov's electric motors under operating conditions, and more than a dozen customers have subsequently placed commercial orders.
These activities support LN Innov's ongoing efforts to expand its production capacity in France, with the objective of scaling its manufacturing capability to up to 20,000 drone motors per month by the end of Q3 2026. The parties intend to evaluate whether elements of this industrial model could be adapted for North American markets.
"We are still at the beginning of this adventure, but the market signals are encouraging," said Nathalie Mazeau, President of LN Innov'. "Having more than 20 customers test our motors and seeing more than a dozen subsequently place orders provides valuable feedback regarding the performance of our technology. This Letter of Intent creates an opportunity to explore how our industrial and technological expertise, combined with Novacium's advanced battery technologies and HPQ's North American presence, could contribute to the development of an electric propulsion ecosystem in North America."
As drone adoption continues to expand across commercial, industrial and defense applications, operators seek battery solutions that balance energy density, reliability, safety and manufacturability.
Novacium is developing silicon-enhanced battery technologies intended for drone and autonomous-system applications. As part of its ongoing development activities, Novacium has produced battery configurations designed to meet operating requirements commonly used in current drone platforms, including systems delivering approximately 15 Ah capacity, 21.3 V nominal voltage and energy densities near 205 Wh/kg.
Novacium's advanced silicon-enhanced battery technologies are being developed to meet these requirements while providing a pathway toward future higher-energy-density solutions.
Novacium's battery technologies are currently being evaluated by industrial and defense-sector participants to assess their suitability for integration into future drone and autonomous-system platforms.
The proposed collaboration with LN Innov provides an opportunity to evaluate the integration of Novacium's advanced battery technologies, marketed under the HPQ ENDURA+ brand, into complete electric propulsion systems for drone, robotics and autonomous-system applications in North America.
"One of the most important developments in our battery program is that manufacturers are evaluating our technologies against defined operational requirements," said Jed Kraiem, COO of Novacium. "The collaboration with LN Innov creates an opportunity to assess how advanced battery technologies and high-performance electric propulsion systems can be combined into integrated solutions for drone, robotics and autonomous-system applications."
About HPQ Silicon
HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange industrial issuer (TSX-V: HPQ) focused on innovation in advanced materials and critical process development. In partnership with its research and development partner Novacium—of which HPQ is a shareholder—the Company is advancing next-generation silicon-based anode materials (Gen3 and Gen4) for batteries, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.
HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO₂ producer of fumed silica with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen, and advanced materials markets essential to achieving global net-zero goals.
For more information, please visit HPQ Silicon web site.
About NOVACIUM SAS
Novacium is an innovative technology start-up created in 2022, in France. It is an engineering and R&D company dedicated to materials for energy, with a specialization in silicon and hydrogen. Novacium is developing 2 technologies. The first concerns a new silicon-based anode material that significantly increases the capacity of Li-ion batteries. Novacium's second activity is the generation of hydrogen. Novacium is developing an autonomous hydrogen generation system for civil and military applications fueled by a patented alloy based on silicon and aluminum.
About LN Innov'
LN Innov' is a French technology company specialized in high-performance electric propulsion systems for drones and unmanned platforms. The company develops next-generation motors and integrated propulsion solutions delivering industry-leading power-to-weight ratios, efficiency and reliability. Through its Groupe Moto-Propulseur strategy, LN Innov' is building a complete ecosystem integrating batteries, power electronics, motors and propulsion
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements. These statements rely on assumptions about technology performance, market demand, permits, financing, supply chains, and economic conditions but remain subject to significant risks, including delays, regulatory challenges, competition, pricing, financing availability, and macroeconomic uncertainties. Actual outcomes may differ materially from expectations. Detailed risk factors are outlined in HPQ's Annual Information Form available on SEDAR+. Forward-looking information is provided solely to outline management's future expectations and objectives.
A more detailed cautionary note regarding forward-looking information related to the HPQ Endura+ batteries project is available for download [here].
Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and on the Company's website at: http://www.hpqsilicon.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Public Storage koupí Public Storage Canada za zhruba 1,2 miliardy USD a vstoupí na kanadský trh self-storage. Portfolio tvoří 68 nemovitostí o celkové ploše 5,3 milionu čtverečních stop v klíčových městech Kanady.
Strategic acquisition of 3rd largest self-storage platform in Canada expected to create long-term internal and external growth opportunities
Transaction valued at $1.2 billion and primarily funded with Public Storage Operating Partnership Units (“OPUs”)
Acquisition to provide attractive going-in NOI yield in the high-5’s, significant operational upside on 83% occupied portfolio, and double-digit IRR potential
FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE: PSA) (“Public Storage” or the “Company”), the largest owner of self-storage facilities, today announced that its operating partnership, Public Storage OP, L.P. (“Public Storage OP”), and Public Storage Operating Company (“PSOC”) have entered into an agreement to acquire Public Storage Canada (“PS Canada”) in a transaction valued at approximately $1.2 billion USD ($1.67 billion CAD). The PS Canada platform was built by industry visionary and Public Storage founder Wayne Hughes and has been independently owned and operated by the Hughes family under the Public Storage® brand for decades. The acquisition is expected to expand Public Storage’s platform in major Canadian markets with long-term growth driven by high household incomes, strong relative population growth, and low supply per capita compared to the U.S.
Under the terms of the transaction, PSOC will pay consideration worth approximately $1.2 billion at closing, consisting of approximately $889 million of Public Storage OP units (2.76 million OPUs, valuing each such unit at $321.98 per unit) and approximately $310 million in cash, subject to customary purchase price adjustments. The transaction will also include an opportunity for the sellers to receive earn-out consideration of up to $288 million in Public Storage OP units priced at $375 per unit, contingent on the achievement of certain NOI performance targets. All values are represented in USD. The transaction was entered into with Tamara Hughes Gustavson and family pursuant to the Company’s existing Right-of-First-Offer (“ROFO”) and Right-of-First-Refusal (“ROFR”), providing attractive pricing due to off-market purchase.
Strategic Rationale
Public Storage believes the acquisition offers compelling strategic benefits, including:
gaining exposure to a growing Canadian self-storage industry with low supply ratios; revenue and operational upside through the PS Next™ operating platform; a platform opportunity in major Canadian markets, including expanded acquisition, new development, expansion, and lending opportunities; an existing Public Storage®-branded portfolio that reduces upfront capital expenditures and minimizes customer disruption; and allows for low-cost CAD-denominated borrowing to fund recently announced external growth. Portfolio Highlights
The portfolio consists of 68 properties totaling 5.3M square feet. PS Canada had Q1 2026 same-store occupancy of 83.1% with same store rents of $23.24 (USD) per occupied square foot. The portfolio is located in the key Canadian markets of Toronto, Vancouver, Montreal, Calgary, and Ottawa. These markets benefit from low supply per capita (well below the U.S. average) and the portfolio features robust 3-mile trade area populations and household incomes.
Financial Highlights
Public Storage expects the acquisition to provide:
an attractive going-in NOI yield in the high-5’s; high-single-digit compounding NOI growth near-term as synergies and operational upside are realized, driven by implementation of the PS NextTM operating platform with key areas of focus on customer experience, rental revenue, operating expense efficiencies, and tenant reinsurance; accretive to long-term portfolio IRR, NOI growth, and FFO per share growth given attractive basis and cash flow upside; and leverage-neutral OP unit funding that retains balance sheet strength for future opportunities. The transaction is expected to close in the second half of 2026, subject to the satisfaction of customary closing conditions.
Tom Boyle, CEO, said, “The acquisition of PS Canada represents a strategic opportunity to expand the Public Storage platform into major Canadian markets with attractive long-term fundamentals. This portfolio includes high-quality real estate in key markets, carries the Public Storage brand, and offers meaningful upside through our PS Next™ operating platform. Together with our previously announced National Storage Affiliates Trust transaction, this acquisition demonstrates the momentum of our value creation engine and the opportunity to deploy capital into highly strategic external growth opportunities. We are grateful to Tamara Hughes Gustavson and family for the opportunity to acquire this exceptional portfolio, which was thoughtfully built and operated for many decades. We are humbled by their continued confidence in the Company through a meaningful further investment as part of this transaction.”
Advisors
Scotiabank is serving as the financial advisor to Public Storage. Wachtell, Lipton, Rosen & Katz and Torys LLP are serving as legal advisors, and Kekst CNC is serving as strategic communications advisor to Public Storage. Eastdil Secured is serving as financial advisor, and Allen Matkins Leck Gamble Mallory & Natsis LLP and Osler, Hoskin & Harcourt LLP are serving as legal advisors to the sellers.
About Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2026, the Company: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard® brand. Public Storage is headquartered in Frisco, Texas.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this communication, other than statements of historical fact, are forward-looking statements, which may be identified by the use of the words “outlook,” “guidance,” “expects,” “believes,” “anticipates,” “should,” “estimates,” and similar expressions. These forward-looking statements involve known and unknown risks and uncertainties, which may cause actual events to be materially different from those expressed or implied in the forward-looking statements. Factors and risks that may impact future results and performance include, but are not limited to, risks relating to the Transaction, including the ability to realize the anticipated benefits of the Transaction and the parties’ ability to satisfy the closing conditions to consummating the Transaction, including required regulatory approvals, and complete the Transaction on the proposed terms or on the anticipated timeline, if at all. Additional factors that could affect future results of the Company can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on February 12, 2026, in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2026, filed with the SEC on April 27, 2026, and in the Company’s other filings with the SEC. Public Storage does not undertake any obligation to publicly update or review any forward-looking statement except as required by law, whether as a result of new information, future developments or otherwise.
CrowdStrike rozšiřuje ochranu Falcon AI Detection and Response pro AI aplikace na AWS a přidává bezplatnou 30denní zkušební verzi v AWS Marketplace. Nové konektory pro CloudWatch a S3 mají zrychlit onboarding a bezpečnost v cloudovém měřítku.
CrowdStrike expands Falcon AI Detection and Response protections for AI applications built on AWS and broadens Falcon platform access through AWS Marketplace free trials and new cloud-scale integrations
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--AWS Summit New York -- CrowdStrike (NASDAQ: CRWD), in collaboration with Amazon Web Services (AWS), today announced new AI, cloud, and Next-Gen SIEM innovations that help organizations securely build, deploy, and operate AI applications and cloud workloads on AWS.
CrowdStrike is expanding CrowdStrike Falcon® AI Detection and Response (AIDR) capabilities on AWS, helping organizations identify and mitigate AI runtime risks across AI applications built with AWS technologies including Amazon Bedrock, Kiro, and Strands Agents.
CrowdStrike is also expanding CrowdStrike Falcon® platform availability in AWS Marketplace with new 30-day free trials for CrowdStrike Falcon® Next-Gen SIEM, CrowdStrike Falcon® Cloud Security, and CrowdStrike Falcon® Endpoint Security on a pay-as-you-go basis. New Quick Start connectors for Amazon CloudWatch and Amazon Simple Storage Service (Amazon S3) access logs help streamline onboarding and accelerate time-to-value. AWS PrivateLink cross-region support further simplifies cloud-scale security operations on AWS.
Securing AI Applications on AWS
As organizations operationalize AI agents and autonomous workflows on AWS, CrowdStrike is helping customers securely build, deploy, and scale AI applications across the AI development and deployment lifecycle. Building on CrowdStrike's designation as an inaugural AWS Agentic AI Specialization Partner and the companies' broader work advancing secure frontier AI innovation through Anthropic's Project Glasswing initiative, CrowdStrike is extending visibility and protection across customer AI applications built on AWS.
Falcon AIDR delivers real-time security evaluation of agent, LLM, and Model Context Protocol (MCP) communications to help stop prompt injection, sensitive data leakage, and malicious AI activity. CrowdStrike is extending these protections across AI applications built on AWS, including applications developed with Kiro, agents built with Strands Agents, and workloads running on Amazon Bedrock, helping organizations identify and mitigate AI runtime risks while maintaining continuous visibility across the AI development and deployment lifecycle.
The CrowdStrike Falcon MCP integration for Kiro enables developers to securely access CrowdStrike intelligence, detections, and security context directly within coding workflows, creating real-time feedback loops during agentic application development. Together with Falcon Next-Gen SIEM and Falcon Cloud Security, organizations can secure their broader AI workload stack on AWS by protecting non-human identities and credentials, governing data flows, and assessing Amazon Bedrock and AWS service misconfigurations, enabling customers to accelerate AI adoption with confidence.
"Organizations are rapidly moving AI applications from experimentation into production," said Daniel Bernard, chief business officer at CrowdStrike. “Together, CrowdStrike is helping customers securely build, deploy, and operate AI-powered applications on AWS, with protection that spans development, runtime, identities, and cloud infrastructure."
Expanding Flexible Access to Falcon on AWS
Following the flexible pay-as-you-go consumption model introduced for the Falcon platform in AWS Marketplace, the new 30-day free trials make it easier for organizations to experience Falcon Next-Gen SIEM, Falcon Cloud Security and Falcon Endpoint Security before transitioning to consumption-based pricing, accelerating onboarding and time-to-value.
Accelerating Cloud-Scale Security Operations on AWS
Building on recent Falcon Next-Gen SIEM integrations for AWS services including AWS Security Hub, Amazon GuardDuty, and AWS CloudTrail, CrowdStrike is introducing new AWS Quick Start connectors for Amazon CloudWatch and Amazon S3 access logs, streamlining onboarding and helping organizations rapidly ingest AWS telemetry at scale across multi-account, multi-region AWS deployments.
CrowdStrike is also introducing AWS PrivateLink cross-region support, enabling organizations to securely route Falcon platform traffic across the AWS backbone while reducing internet exposure and data transfer costs.
Together, these capabilities help organizations accelerate investigations, simplify operations, and optimize security at cloud scale.
For more information on the CrowdStrike and AWS collaboration, visit CrowdStrike at AWS Summit New York Booth #438.
Forward-Looking Statements
This press release may include discussion of unreleased services or features. Any unreleased services or features referenced here are still in development and subject to change. Customers should make their purchase decisions based upon features that are currently available.
About CrowdStrike
CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.
Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.
CrowdStrike: We stop breaches.
Learn more: https://www.crowdstrike.com/
Follow us: Blog | X | LinkedIn | Instagram
Start a free trial today: https://www.crowdstrike.com/trial
Nio stock price dropped to a crucial support level this week as investors continued selling Chinese electric vehicle shares. It was trading at $5.05, and may be at risk of further downside after forming a risky chart pattern despite its strong revenue and delivery growth.
The weekly chart shows that Nio shares peaked at $7.95 in September 2025 and then pulled back to a low of $4.35. A closer look shows that the stock has slowly formed a head-and-shoulders pattern, a common bearish reversal sign in technical analysis. It is now trading along this pattern’s neckline.
The stock has slumped below the 50-week Exponential Moving Average (EMA) and is about to fall below the Strong, Pivot, Reverse of the Murrey Math Lines tool of $4.70.
A break below the lower side of the H&S pattern points to more downside, potentially to the key support level of $3, its lowest level in April last year. If this happens, it will drop by about 40% below the current level.
On the other hand, a move above the right shoulder section of $7 will invalidate the bearish outlook and point to further gains ahead.
Nio stock chart | Source: TradingView
The ongoing Nio stock retreat mirrors that of other Chinese EV companies like Li Auto, XPeng, BYD, and Li Auto. All these stocks have plunged by double digits from their all-time highs.
The retreat has coincided with the recent decision by the Chinese government to start scaling down its EV subsidies, a move that will make them more expensive over time.
Most importantly, the Chinese market is now flooded with EVs and Internal Combustion Vehicles (ICE). A look at most EV companies, including Xiaomi, Geely, Polestar, and Tesla shows that they have boosted their output in the past few months.
Other companies in the ICE industry, like Mercedes-Benz, Toyota, Nissan, and Dongfeng, have continued to boost their production. The implication of all this is that companies like Nio and Xpeng have been engaged in a price war, a trend that will continue in the foreseeable future.
Still, despite all this, Nio is one of the best-performing Chinese EV companies, with the most recent results showing that its deliveries rose by 62.3% in May to 37,705. Its YTD deliveries jumped by 68.7% to 150,526.
Most of its sales are still from its Nio brand, which jumped to 20,013, while 12,029 were from its ONVO brand. The management has admitted that it needs to do more work to boost ONVO’s brand appeal in the country.
Still, it is seeing a modest demand for ONVO L80. Nio has also boosted its model lineup, including by launching ES9, which is the successor to the most popular ES8 model.
Analysts believe that the annual revenue jumped by 56% YoY to 136.6 billion yuan ($20 billion), followed by $22 billion next year.
A key challenge for the company is its profitability. While it made a net profit in the fourth quarter of last year, this reversed in the first quarter. Despite all this, analysts anticipate that it will make a net profit of 0.43 CNY per share this year, followed by 1.01 CNY next year.
Key Takeaways PLUG posted a Q1 2026 net loss of about $246M, wider than $196.9M a year earlier.PLUG improved Q1 gross margin to negative 13% from negative 55% year over year.PLUG is pursuing margin gains via cost cuts, hydrogen network expansion and electrolyzer growth. Plug Power Inc. (PLUG - Free Report) continues to face profitability challenges despite making progress through cost-reduction and operational efficiency initiatives. The company is focused on lowering hydrogen sourcing costs, optimizing its workforce and reorganizing its manufacturing and real estate setup. These steps are meant to lower expenses and help improve margins over time by increasing utilization across its hydrogen network.
However, Plug Power remains unprofitable. In the first quarter of 2026, PLUG reported a net loss of approximately $246 million compared with a net loss of $196.9 million in the year-ago quarter. Ongoing operating losses and cash usage continue to pressure the company's financial performance.
Plug Power delivered significant margin improvement during the quarter. In the first quarter, its gross margin improved to negative 13% from negative 55% reported in the year-ago period, improving 71% year over year. The improvement was driven by higher sales volumes, cost optimization efforts, enhanced service performance and lower third-party hydrogen sourcing costs. Hydrogen fuel margin rates also improved 54% year over year due to greater leverage on the company's hydrogen network, higher volumes and improved operating efficiency.
Despite the challenges, Plug Power remains committed to long-term recovery. The company continues to focus on margin expansion, disciplined capital deployment and converting its project pipeline into profitable growth. Through ongoing cost reductions, expansion of its hydrogen production network and growth in its electrolyzer business, Plug Power aims to improve its margin trajectory.
Margin Performance of PLUG’s PeersAmong PLUG’s major peers, Bloom Energy Corp.’s (BE - Free Report) cost of revenues surged more than 100% year over year in the first quarter of 2026. However, Bloom Energy’s gross profit rose 154.3% year over year. Bloom Energy’s gross margin expanded 280 basis points to 30%, driven by productivity gains, higher volumes and favorable pricing.
Plug Power’s another peer, Flux Power Holdings, Inc.’s (FLUX - Free Report) total cost of sales was $4.8 million, down 58% year over year in the fiscal third quarter of 2026. However, Flux Power’s gross profit declined 66% year over year. Flux Power’s gross margin decreased 430 basis points year over year.
The Zacks Rundown for PLUGShares of Plug Power have surged 161.5% in a year compared with the industry’s growth of 113.2%.
Image Source: Zacks Investment Research
From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 15.85X against the industry average of 38.36X. PLUG carries a Value Score of F.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PLUG’s bottom line for 2026 has declined in the past 60 days.
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Allstate odhadla květnové katastrofické škody za květen na 289 mil. USD před zdaněním, respektive 228 mil. USD po zdanění. Součet za duben a květen činí 1,16 mld. USD před zdaněním, respektive 915 mil. USD po zdanění.
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $289 million or $228 million, after-tax. Total catastrophe losses for April and May were $1.16 billion or $915 million, after-tax.
Allstate Protection policies in force are as follows:
Allstate Protection Policies in Force (1)
(in thousands)
May 31,
2026
April 30,
2026
May 31,
2025
May 31, 2026 v
Apr. 30, 2026
May 31, 2026 v
May 31, 2025
Auto
25,901
25,805
25,226
0.4 %
2.7 %
Homeowners
7,788
7,764
7,587
0.3 %
2.6 %
Other personal lines
4,930
4,919
4,887
0.2 %
0.9 %
Commercial lines
180
179
180
0.6 %
— %
Total
38,799
38,667
37,880
0.3 %
2.4 %
(1) Policy counts are based on items rather than customers. A multi-car customer would generate multiple item (policy) counts, even if all cars were insured under one policy. Lender-placed policies are excluded from policy counts because relationships are with the lenders.
As previously communicated, policies in force will be reported in our quarterly earnings release going forward.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Forward-Looking Statements
This news release contains “forward-looking statements” that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.
About Allstate
The Allstate Corporation (NYSE: ALL) protects people from life’s uncertainties with affordable, simple and connected protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has 212 million policies in force and is widely known for the slogan “You’re in Good Hands with Allstate.” For more information, visit www.allstate.com.
Biogen se dohodl na koupi RayThera až za 1 miliardu USD, čímž posiluje svůj imunologický pipeline. Hlavní kandidát má vstoupit do fáze 1 na začátku 3. čtvrtletí 2026.
Acquisition adds multiple immunology assets to Biogen’s portfolio, including a lead asset poised to enter Phase 1 development June 17, 2026 18:59 ET | Source: Biogen Inc.
CAMBRIDGE, Mass. and SAN DIEGO, June 17, 2026 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) and RayThera Inc., a private biotechnology company focused on discovering and developing small molecule therapies in immunology, today announced the companies have entered into a definitive agreement under which Biogen has agreed to acquire RayThera Inc. for up to $1 billion, consisting of an upfront payment and, predominantly, payments contingent on the achievement of future clinical and regulatory milestones.
RayThera’s portfolio includes multiple anti-inflammatory assets that could potentially treat immune-mediated conditions across a range of indications. The lead candidate is expected to enter Phase 1 development in early Q3 2026.
“With this acquisition, we are further deepening our pipeline in immunology by adding a suite of assets that can allow us to expand into new disease areas,” said Priya Singhal, M.D., M.P.H., Executive Vice President and Head of Development at Biogen. “We believe these assets can meaningfully contribute to our long-term pipeline potential and we’re excited about the opportunity to rapidly advance the first candidate into the clinic.”
“With its strong global development capabilities in immunology, we believe that Biogen is the natural fit to move these assets forward into Phase 1 development and beyond,” said Qing Dong, co-founder, Chairman and CEO of RayThera. “I am proud of our team at RayThera for the innovative pipeline we have built together and the rapid advancement of these molecules.”
Financial Details and Terms of the Transaction
Under the terms of the agreement, Biogen will make an upfront payment to RayThera’s shareholders, who would also be eligible for clinical and regulatory milestone payments for a total potential deal value of up to $1 billion. The transaction is subject to customary closing conditions, including receipt of necessary regulatory approvals and is currently anticipated to close in the third quarter of 2026. With the acquisition, once closed, Biogen will lead development, manufacturing and global commercialization of these assets.
About Biogen
Founded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patients’ lives and to create value for shareholders and our communities. We apply deep understanding of human biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.
We routinely post information that may be important to investors on our website at www.biogen.com. Follow us on social media - Facebook, LinkedIn, X, YouTube.
About RayThera, Inc.
RayThera, Inc. is a small molecule drug discovery company focused on building an immunology pipeline. Based in San Diego, CA, and co-founded by Qing Dong, Ph.D., and Gene Hung, M.D., the company is led by a team of accomplished drug discovery leaders and executives with a proven track record across the biotech and pharma industries. RayThera recently completed its Series A financing co-led by Foresite Capital and OrbiMed Advisors, with participation from TTM Capital. For more information, visit www.raythera.com.
Biogen Safe Harbor
This press release contains forward-looking statements that are being made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 (the PSLRA) with the intention of obtaining the benefits of the “Safe Harbor” provisions of the PSLRA. This press release contains forward-looking statements, relating to: the anticipated benefits of the RayThera Inc. acquisition (the “Acquisition”), our strategy and our future financial and operating results, costs and other anticipated financial impacts of the Acquisition, and our long-term pipeline potential in immunology. These forward-looking statements may be accompanied by such words as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “guidance,” “hope,” “intend,” “may,” “objective,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “prospect,” “should,” “target,” “will,” “would,” and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical trials may not be indicative of full results or results from later stage or larger scale clinical trials and do not ensure regulatory approval. You should not place undue reliance on these statements. Given their forward-looking nature, these statements involve substantial risks and uncertainties that may be based on inaccurate assumptions and could cause actual results to differ materially from those reflected in such statements. These forward-looking statements are based on management's current beliefs and assumptions and on information currently available to management. Given their nature, we cannot assure that any outcome expressed in these forward-looking statements will be realized in whole or in part.
We caution that these statements are subject to risks and uncertainties, many of which are outside of our control and could cause future events or results to be materially different from those stated or implied in this document, including, among others, factors relating to: the possibility that the thresholds for clinical and regulatory milestone payments are never met; results of litigation, settlements and investigations; actions by third parties, including governmental agencies; unexpected costs, charges or expenses resulting from the Acquisition; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Acquisition; the risk that Biogen may not be able to successfully integrate the business of RayThera and realize the expected benefits of the Acquisition in a timely manner or at all; uncertainty of our long-term success in developing, licensing, or acquiring other product candidates or additional indications for existing products; expectations, plans, prospects and timing of actions relating to product approvals, approvals of additional indications for our existing products, sales, pricing, growth, reimbursement and launch of our marketed and pipeline products; the potential impact of increased product competition in the biopharmaceutical and healthcare industry, as well as any other markets in which we compete, including increased competition from new originator therapies, generics, prodrugs and biosimilars of existing products and products approved under abbreviated regulatory pathways; our ability to effectively implement our corporate strategy; difficulties in obtaining and maintaining adequate coverage, pricing, and reimbursement for our products; the drivers for growing our business, including our dependence on collaborators and other third parties for the development, regulatory approval, and commercialization of products and other aspects of our business, which are outside of our full control; risks related to commercialization of biosimilars, which is subject to such risks related to our reliance on third-parties, intellectual property, competitive and market challenges and regulatory compliance; the risk that positive results in a clinical trial may not be replicated in subsequent or confirmatory trials or success in early stage clinical trials may not be predictive of results in later stage or large scale clinical trials or trials in other potential indications; risks associated with clinical trials, including our ability to adequately manage clinical activities, unexpected concerns that may arise from additional data or analysis obtained during clinical trials, regulatory authorities may require additional information or further studies, or may fail to approve or may delay approval of our drug candidates; and the occurrence of adverse safety events, restrictions on use with our products, or product liability claims; and any other risks and uncertainties that are described in other reports we have filed with the U.S. Securities and Exchange Commission, which are available on the SEC’s website at www.sec.gov.
These statements speak only as of date hereof and are based on information and estimates available to us at this time. Should known or unknown risks or uncertainties materialize or should underlying assumptions prove inaccurate, actual results could vary materially from past results and those anticipated, estimated, or projected. Investors are cautioned not to put undue reliance on forward-looking statements. A further list and description of risks, uncertainties and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and in our subsequent reports on Form 10-Q, in each case including in the sections thereof captioned “Note Regarding Forward-Looking Statements” and “Item 1A. Risk Factors,” and in our subsequent reports on Form 8-K. Except as required by law, we do not undertake any obligation to publicly update any forward-looking statements whether as a result of any new information, future events, changed circumstances or otherwise.
Biogen Digital Media Disclosure
From time to time, we have used, or expect in the future to use, our investor relations website (investors.biogen.com), the Biogen LinkedIn account (linkedin.com/company/biogen-) and the Biogen X account (https://x.com/biogen) as a means of disclosing information to the public in a broad, non-exclusionary manner, including for purposes of the SEC’s Regulation Fair Disclosure (Reg FD). Accordingly, investors should monitor our investor relations website and these social media channels in addition to our press releases, SEC filings, public conference calls and websites, as the information posted on them could be material to investors.
Affirm za poslední měsíc vzrostl o 13,3 % díky růstu aktivních uživatelů, počtu karet a transakcí. Rizikem zůstává vyšší zadlužení a rostoucí tvorba opravných položek na očekávané úvěrové ztráty.
Key Takeaways Affirm's expanding ecosystem and card growth are driving stronger user engagement.Earnings estimates and GMV outlook point to continued momentum for AFRM.Rising leverage and higher credit-loss provisions remain risks to watch. Shares of Affirm Holdings, Inc. (AFRM - Free Report) have climbed 13.3% over the past month, handily beating the broader industry, which slipped 2.6%, while the S&P 500 was little changed. The rally reflects growing confidence in the company’s growth prospects, improving profitability and an expanding ecosystem. Among major buy now, pay later (BNPL) peers, PayPal Holdings, Inc. (PYPL - Free Report) has fallen 3.9% during the same period, while Klarna Group plc (KLAR - Free Report) has gained 13.7%.
Price Performance – AFRM, PYPL, KLAR, Industry & S&P 500 Image Source: Zacks Investment Research
Let’s look at its growth drivers.
AFRM’s New Initiatives Are Opening More DoorsAffirm’s newer offerings are beginning to play a bigger role in its growth story. The Affirm Card, digital wallet integrations, agentic commerce initiatives and the recently launched Affirm Edge are creating additional ways for customers to use the platform. Active cardholders reached 4.4 million in the fiscal third quarter, while card GMV alone soared 146% year over year, helped by the company’s cash-flow underwriting model.
Affirm also strengthened its relationship with Google by integrating its BNPL services to Google Search, AI Mode and the Gemini app through Google Pay. The move expands its reach and could drive higher transaction volumes over time.
Funding capacity also continues to improve. Earlier this month, Affirm expanded its partnership with Canada Pension Plan Investment Board. The agreement is expected to support roughly $8 billion in consumer loan volume over the next two years, underscoring institutional confidence in the company’s underwriting and credit performance.
AFRM Building Scale Across Consumers and MerchantsDespite uncertainty in the broader economy, Affirm continues to deepen its presence through partnerships, product innovation and a growing customer base. These efforts are expanding its addressable market and reducing reliance on any single growth driver.
Active consumers rose 22% year over year to 26.8 million in the fiscal third quarter. Usage is spreading beyond large purchases into categories such as groceries, fuel, travel and subscriptions, making the platform more relevant to everyday spending.
Transactions increased 45% to 45.3 million in the latest quarter. Repeat users accounted for about 96% of total transactions, showing that customers continue to come back. Gross merchandise volume rose 35% to $11.6 billion. For fiscal 2026, management expects GMV between $49.265 billion and $49.565 billion. It has also outlined a medium-term goal of reaching $100 billion in annual GMV, supported by at least 25% yearly growth.
Merchant adoption is also gaining momentum. Active merchants climbed 44% from a year ago to 515,000 as of March 31, 2026, reflecting steady demand for flexible payment options.
Earnings Outlook for AFRM Remains BrightThe Zacks Consensus Estimate for fiscal 2026 earnings of $1.25 per share indicates a 733.3% year-over-year surge, while the estimate for fiscal 2027 earnings implies further growth of 35.6%. Moreover, the consensus mark for fiscal 2026 and 2027 revenues suggests 30.6% and 26.5% year-over-year growth, respectively.
It has delivered solid financial results lately, beating earnings estimates in each of the trailing four quarters, the average surprise being 74.9%.
Risks Still Deserve AttentionThe outlook is not without challenges. Inflation concerns and uneven economic conditions continue to raise questions about consumer spending and borrowers’ ability to manage debt. Provision for credit losses increased 24.6% in the first nine months of fiscal 2026, reflecting a more cautious view of the environment.
Competition is intensifying as Klarna and other fintech firms aggressively pursue market share. Walmart’s decision last year to replace Affirm with Klarna as its exclusive BNPL provider highlighted how quickly key partnerships can change.
Leverage is another concern. Funding debt stood at $2.4 billion at the end of the fiscal third quarter, up from $1.6 billion at fiscal 2025-end. The company’s debt-to-capital ratio of 67.7% remains well above the industry average of 21.4%. PayPal, by comparison, stands at 32%.
The stock trades at 4.67X forward 12-month sales, slightly above its three-year median of 4.40X and the industry average of 3.66X, leaving little room for disappointment. PayPal and Klarna trade far lower, at 1.07X and 1.46X forward sales, respectively.
ConclusionAffirm is executing well, supported by strong user engagement, expanding products and improving earnings prospects. Its growing merchant network and rising transaction volumes provide a solid foundation for long-term growth. However, elevated leverage, rising credit-loss provisions, intense competition and a premium valuation remain key concerns.
While the company’s growth story remains compelling, these risks warrant caution in the short run. Reflecting the balance between favorable fundamentals and the challenges, Affirm currently carries a Zacks Rank #3 (Hold), suggesting investors may want to wait for a more attractive entry point or additional catalysts. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Cloudflare v 1. čtvrtletí vykázala provozní ztrátu 62 milionů USD a tržby vzrostly o 34 %, ale firma zůstává nerentabilní. Akcie se obchodují za více než 33násobek tržeb.
Cloudflare (NET +2.96%) hasn't fared as well as other cybersecurity stocks this year. It's only up 13.8% year to date, while competitors like CrowdStrike (CRWD +0.81%) and Fortinet (FTNT +1.85%) are up by 49% and 87% year to date, respectively. This gap may exist for a reason, and there is good cause to believe that Cloudflare is overvalued, even at current levels.
Image source: Getty Images.
Profitability remains an issue for Cloudflare Cloudflare's first-quarter results once again showed a net operating loss, which is one of the major headwinds holding the stock back from a higher valuation. Solid growth rates matter, but when a company has been around for more than 15 years, profitability matters a lot more.
The company produced a net operating loss of $62 million. That's a higher operating loss than last year, but it also represents 9.7% of revenue, while the Q1 2025 net operating loss represented 11.1% of revenue. CrowdStrike and Fortinet are both profitable, which partially explains why those stocks have enjoyed better rallies.
Revenue is still good for Cloudflare, with total sales up 34% year over year. Like many cybersecurity companies, Cloudflare enjoys an annual recurring revenue model, which makes it easier to project future results.
Cloudflare also anticipates $2.81 billion in full-year revenue at the midpoint, which represents a 29.6% year-over-year improvement. It's a step down from the 34% growth rate in Q1, but it's also normal for growth-oriented companies to beat and raise guidance. There was no guidance for GAAP (generally accepted accounting principles) net income, indicating that profitability may remain an issue.
Today's Change
(
2.96
%) $
6.46
Current Price
$
224.84
Cloudflare's valuation is already high The price-to-sales (P/S) ratio does not paint a pretty picture for Cloudflare. The stock trades at more than 33 times sales, which is similar to CrowdStrike's valuation and more than double Fortinet's valuation. Still, CrowdStrike delivers profits, while Cloudflare isn't at that level yet.
Cloudflare's P/S ratio doesn't leave much flexibility if revenue growth starts to decelerate in future quarters. Artificial intelligence can accelerate revenue growth rates across the cybersecurity industry, but Cloudflare's recent guidance does not suggest this scenario will play out for the company.
It would be easier to give the stock a chance if it had a lower P/S ratio. Some high-growth companies can get away with high valuations, but if they remain unprofitable for too long, more investors will start to notice and look for other investments.
Cloudflare does a good job of retaining customers and has more than 4,400 large customers, defined as any business that pays at least $100,000 per year for Cloudflare's cybersecurity solutions. Cloudflare also works with more than 40% of Fortune 500 companies.
The company has an excellent service that continues to attract leading businesses. That part is good. However, profitability concerns, guidance forecasting revenue deceleration, and a lofty P/S ratio suggest that investors can do better with other stocks.
Fortinet uvedl, že jeho firewally a zařízení VPN jsou cílem kampaně na krádež přihlašovacích údajů. Podle výzkumníků bylo kompromitováno asi 75 000 zařízení.
CompaniesWASHINGTON, June 17 (Reuters) - Researchers say a sweeping hacking campaign targeting devices made by Fortinet (FTNT.O), opens new tab has led to compromises across the internet, with evidence of password theft at Fortune 500 companies and government agencies in more than 15 countries.
Most of the affected devices were in the United States, India, and Taiwan, according to Hudson Rock, a firm that tracks cybercrime. Hudson Rock described the scale of the spy campaign as "staggering."
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"The scale of this breach touches nearly every sector of the global economy, sparing no industry," it said in a blog post, opens new tab published on Wednesday. The firm said that some 75,000 Fortinet firewall and VPN devices - tools that companies use to protect their networks and allow employees to log in remotely - had been compromised, potentially allowing the hackers to penetrate deeper into these organizations and steal data.
In a statement, Fortinet said it was aware of a campaign to steal login credentials from its firewall and VPN devices.
The company said that hackers were drawing on data "from previous incidents" and guessing passwords repeatedly - a technique known as "bruteforcing" to break into target networks or devices.
Fortinet said the malicious cyber activity was "not related to any recent incident or advisory." The company did not immediately respond to questions about the scope of the campaign uncovered by researchers, and Reuters could not establish how many password thefts led to intrusions at the affected companies.
Officials at the U.S. cyber defense agency CISA, the FBI, and the Office of the National Cyber Director did not immediately return emails. Cybersecurity officials in India and Taiwan did not immediately return emails.
Agencies in the states of Washington and Nevada whose credentials were captured in the data did not immediately respond to a request for comment. A staffer at one agency in South Carolina told Reuters they were unaware of the situation, while another employee said they would look into it before providing any additional information.
Nearly 120 distinct credentials across five government entities in Puerto Rico were among those swept up in the campaign, according to cybersecurity research firm Hudson Rock. A spokesperson for the Puerto Rico Police Department, which was included in the list, referred questions to the Puerto Rico Innovation and Technology Service. A spokesperson for the office did not immediately respond to a request for comment.
Bob Diachenko, a security researcher and owner of cybersecurity company Securitydiscovery.com, discovered the data in an open server as part of his normal monitoring work, he said in an interview.
"This is quite significant," he said, adding the campaign showed a "very creative approach to bruteforcing, with a multilayer password cracking architecture."
Diachenko said scripts discovered in the data included Russian-language instructions, suggesting the campaign may be the work of a Russian cybercrime group.
Reporting by Raphael Satter, Editing by Franklin Paul, Sanjeev Miglani and Lincoln Feast.
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Reporter covering cybersecurity, surveillance, and disinformation for Reuters. Work has included investigations into state-sponsored espionage, deepfake-driven propaganda, and mercenary hacking.
Cybersecurity correspondent covering cybercrime, nation-state threats, hacks, leaks and intelligence
SLB chce do roku 2030 téměř zdvojnásobit roční digitální tržby na 2 miliardy USD a očekává, že digitální výdaje v energetice porostou o dalších 10 miliard USD ročně. Firma sází na AI a širší adopci digitálních technologií v energetice.
The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of... Purchase Licensing Rights, opens new tab Read more
CompaniesJune 17 (Reuters) - SLB (SLB.N), opens new tab said on Wednesday that it aims to nearly double its annual digital revenue to $2 billion by 2030, as it expects AI-driven adoption to lift the global digital market to as much as $50 billion by the end of the decade.
At its Digital Investor Day, the oilfield services provider also said it expects annual digital spending to grow by an additional $10 billion by 2030.
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Outlining growth targets for SLB's digital business, CFO Stephane Biguet said, "We see a path to approximately double our current adjusted EBITDA for digital to between $1.8 billion and $2 billion by 2030 with margins expanding to a range of 38% to 42% towards the end of the decade."
Oilfield contractors including SLB are also pursuing growth by providing power equipment, turbines and data solutions to artificial intelligence data centers to tap into the AI infrastructure boom.
AUTOMATION AND AIEnergy companies like SLB are increasingly adopting digital technologies to manage growing volumes of geological, production and infrastructure data as they look to cut costs, improve reliability and reduce emissions.
SLB said it is widening digital adoption by expanding connected equipment and data-led services, with around 35% of its electrical submersible pumps currently connected and monitored, and a target to reach 60% by 2030.
It also aims to increase the use of digital add-ons in formation evaluation operations to 60% from roughly 14%, while boosting autonomous drilling to 25% from about 3% over the same period.
In March, SLB had said it would expand its partnership with Nvidia (NVDA.O), opens new tab to develop AI infrastructure and models for the energy sector.
Reporting by Sumit Saha and Pooja Menon in Bengaluru; Editing by Diti Pujara
Our Standards: The Thomson Reuters Trust Principles., opens new tab
SLB spustila Digital Marketplace s asi 200 AI, softwarovými a digitálními řešeními od sebe i více než 30 partnerů. Platforma má podpořit přijetí Delfi, Lumi a Tela a rozšířit tržby mimo tradiční služby v ropných polích.
Key Takeaways SLB's new Digital Marketplace provides access to about 200 AI, software and digital solutions.The platform brings together certified offerings from SLB and more than 30 partners in a single ecosystem.The launch supports the adoption of the Delfi, Lumi and Tela platforms while expanding SLB's revenue streams. SLB N.V. (SLB - Free Report) announced the launch of the SLB Digital Marketplace, a new platform designed to help energy companies quickly discover, deploy and integrate artificial intelligence (AI) solutions, digital applications,domain models, skills,data connectors and tools within their existing operating environments.
The marketplace supports SLB's digital transformation strategy by establishing an open ecosystem in which customers, developers, independent software vendors (ISVs) and partners can access certified digital solutions through a single platform.
The initiative strengthens SLB's position as a leading provider of digital technologies to the energy industry. The marketplace currently offers around 200 digital products, including Tela AI skills, agents, plugins, foundation models, data connectors, Delfi and Lumi SaaS applications, and workflow extensions from SLB and more than 30 partners. By expanding its digital ecosystem, SLB is expected to drive greater adoption of its Delfi, Lumi and Tela platforms, thereby expanding its revenue streams beyond traditional oilfield services.
The launch aligns with the energy sector's growing shift toward agentic AI to automate complex tasks and drive better decisions. By providing customers with secure, interoperable and certified AI solutions, SLB is positioning itself at the center of the industry's digital evolution. The platform’s open ecosystem encourages innovation, enabling SLB to expand its offerings.
The Digital Marketplace enhances customer value by reducing deployment times, improving workflow efficiency and enabling easier access to advanced AI capabilities. For SLB, broader ecosystem participation is expected to deepen customer relationships and support long-term margin expansion through higher-value software and digital services.
SLB currently carries a Zacks Rank #3 (Hold).
The business models of SLB and other players that provide equipment and services to energy producers are dependent on capital spending by the upstream players. Weatherford International plc (WFRD - Free Report) , which provides equipment and services to energy companies, is benefiting asupstream players such as Vista Energy, S.A.B. de C.V. (VIST - Free Report) and Ecopetrol S.A. (EC - Free Report) are enjoying a favorable pricing environment, with West Texas Intermediate (“WTI”) crude oil prices trading above the $75-per-barrel mark, according to oilprice.com.
VIST and EC currently carry a Zacks Rank #2 (Buy) each, while WFRD sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Operating across 75 countries, Weatherford International delivers comprehensive equipment and digital solutions to support oil and natural gas wells throughout their entire lifecycle. Continuing its global expansion, WFRD recently secured a five-year contract from a major operator to deploy Artificial Lift and Digital Solutions in Oman.
Argentina-based operator Vista has around 257,000 net acres in the prolific Vaca Muerta basin. In the first quarter of 2026, VIST recorded total production of 134,741 barrels of oil equivalent per day (Boe/d), up 67% year over year. Driven by this strong performance, Vista raised its full-year production guidance from 140,000 Boe/d to 143,000 Boe/d.
Operating across the hydrocarbon value chain, Ecopetrol serves as Colombia’s leading integrated energy company. EC anticipates achieving production of 730,000–740,000 Boe/d in 2026 and plans to maintain this output between 700,000 and 750,000 Boe/d through 2040.
SLB uvádí, že jeho digitální byznys tvoří jen 7 % tržeb, ale roste rychleji a má vyšší marže. V Libyi autonomní vrtání zkrátilo čas vrtání zhruba na polovinu.
SLB (NYSE:SLB | SLB Price Prediction) and NVIDIA (NASDAQ:NVDA) have collaborated for roughly two decades, and their partnership just took center stage on CNBC. SLB CEO Olivier Le Peuch sat down with Jim Cramer on June 18, 2026 to walk through the company’s digital investor day and explain how AI is rewiring the oil patch into something that looks a lot more like a software business.
Cramer’s framing was direct: the way oil majors “are going to make more money is by bringing in the technology of SLB.” That is a meaningful endorsement for a company whose stock has had a rough month even as the AI narrative around it has strengthened.
The 20-Year Nvidia Backbone Le Peuch clarified the nature of the Nvidia relationship. SLB discovered Nvidia’s GPU horsepower roughly 20 years ago for reservoir simulation and seismic processing, and the two companies have built what he describes as a symbiotic relationship ever since. The new wrinkle is scale. SLB has been selected as a “modular design partner for NVIDIA DSX AI factories,” and the joint “AI Factory for Energy” announced in March 2026 is being industrialized across SLB’s Delfi and Lumi platforms.
The technical moat matters because oil and gas data is messy, proprietary, and physics-heavy. Le Peuch put it plainly on the Q1 call: “It is the right time for the industry to adopt AI at scale. We are unique in our capability; we have deep domain knowledge and a platform that can help scale AI capability.”
A Software Business Hiding Inside an Oilfield Services Company SLB’s digital business is only about 7% of revenue, yet it carries higher margins than the core and recurring-revenue characteristics typical of enterprise software. Digital revenue hit $640 million in Q1 2026, up 9% year over year, with digital operations growing 87%. Annual recurring revenue crossed $1.02 billion, up 15%. Data center solutions, the modular infrastructure piece tied to the Nvidia partnership, grew 45% year over year and is targeting a $1 billion run rate by year end.
Le Peuch’s anchor message to Cramer: “This digital trend… is here to be a secular trend… This is durable growth. This is adding a new earnings growth engine to the company.” That reframes the stock. Investors used to discount SLB against crude price cycles. The digital layer changes the equation.
Libya: Proof That Drilling Itself Is Becoming AI The most concrete data point came from a Libyan operation. Using autonomous drilling, SLB steered the well dynamically to stay in the reservoir sweet spot, cutting drilling time roughly in half while accessing significantly higher net reservoir pay than prior wells. Customers are moving from pilots to full enterprise rollouts. SLB also reports automated footage reading up 145% year on year, a tangible adoption metric rarely seen in oilfield services.
The Stock Setup SLB shares trade at $48.28, down 11.48% over the past month as WTI crude slid 22.3% from its early-June highs to $84.65. Year to date, SLB is up 32.57%, with a forward P/E of 20 and an analyst target of $62.36. The pullback resets the digital thesis at a lower price for investors weighing Le Peuch’s secular argument.
Nvidia reported Q1 FY2027 revenue of $81.61 billion, up 85.2% year over year, with Jensen Huang calling AI factory buildout “the largest infrastructure expansion in human history.” Energy is the next frontier of that buildout. The supporting filing is available via the company’s Q1 FY2027 8-K.
What To Watch If Le Peuch is right that digital is decoupled from crude, the next two quarters should show data center solutions ARR continuing to compound even as oil prices wobble. The Nvidia partnership is the compute backbone making autonomous drilling commercially viable. For Nvidia, SLB validates that AI factories sell into industries far beyond the cloud. For SLB, the relationship is the bridge from cyclical services vendor to durable AI platform. Keep an eye on the stock as that thesis gets tested.
Cameco má zajištěné kontrakty na průměrné roční dodávky uranu přes 28 milionů liber na příštích pět let. Většina smluv je navázána na tržní ceny, což firmě dává prostor těžit z růstu trhu.
Key Takeaways Cameco secured contracts for average annual uranium deliveries above 28M pounds over five years.Cameco uses market-linked pricing, enabling upside from stronger uranium market conditions.Cameco has 39 uranium customers; its top five represent about 56% of commitments. One of the most important indicators of Cameco Corporation’s (CCJ - Free Report) long-term growth potential is the strength of its uranium contract portfolio. As of March 31, 2026, Cameco had secured contracts requiring average annual uranium deliveries of more than 28 million pounds per year over the next five years. This provides revenue visibility, cash-flow stability and the ability to support future mine investments. Management has indicated that, as market conditions continue to improve, the company intends to add additional contracted volumes while capturing greater upside through market-linked pricing mechanisms.
The importance of Cameco’s contract book is underscored by the evolving dynamics of the global nuclear fuel market. Demand for uranium continues to rise as countries increasingly rely on nuclear power to meet energy security and decarbonization goals. However, supply is not keeping pace due to growing geopolitical uncertainty, shrinking secondary supplies and a lack of investment in new capacity over the past decade. These factors have heightened concerns among utilities regarding the security of their fuel supply chains, prompting many operators to enter into long-term contracts to lock in reliable uranium deliveries for years ahead.
As a result, Cameco has been able to secure long-duration agreements with utilities that extend well into the next decade. According to management, contractual commitments are expected to remain above the portfolio average during the 2026-2028 period before moderating somewhat in 2029 and 2030. Such a contract profile provides the company with significant revenue certainty while supporting production planning at its major mining operations.
Importantly, these contracts are not traditional fixed-price agreements. Most contain market-related pricing mechanisms, including exposure to uranium spot prices and long-term market reference prices. This pricing approach allows the company to participate in rising uranium markets while still maintaining downside protection during weaker pricing environments.
In the management’s discussion and analysis (MD&A), the company stated it has executed contracts with 39 customers worldwide in the uranium segment, with its five largest customers accounting for approximately 56% of total contractual commitments. The breadth of this customer base highlights the company’s strong position within the global nuclear fuel supply chain.
Peer Energy Fuels (UUUU - Free Report) has six uranium sales contracts in place, which cover deliveries from 2026 to 2032. As of March 31, 2026, Energy Fuels had 3.36 million pounds of committed base sales and potential total deliveries in the range of 2.92-4.88 million pounds, depending on customer options.
Meanwhile, Denison Mines (DNN - Free Report) is building its sales pipeline ahead of expected production from its flagship uranium project. At the end of the first quarter of 2026, Denison had committed 1.35 million pounds of uranium for delivery between the second quarter of 2026 and the second quarter of 2027. Approximately 950,000 pounds are covered by fixed pricing, while the remaining 400,000 pounds are linked to market-based pricing mechanisms that could benefit from future uranium price appreciation.
Apart from this, Denison has secured firm sales commitments for nearly 8 million pounds of uranium from its physical uranium holdings and expected future uranium production. Management also disclosed that discussions are underway for an additional 8 million pounds.
CCJ’s Price Performance, Valuation & EstimatesCameco shares have gained 54.9% in a year compared with the industry’s 23.5% growth.
Image Source: Zacks Investment Research
CCJ stock is trading at a forward price-to-sales ratio of 19.31 compared with the industry’s 5.33.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Cameco’s earnings for fiscal 2026 indicates year-over-year growth of 17.5%. The same for 2027 implies growth of 58.7%.
While the consensus estimate for 2026 earnings has moved down over the past 60 days, the same for 2027 has moved up, as shown in the chart below.
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Cameco v 1. čtvrtletí zvýšila tržby o 7 % a upravený zisk vyskočil meziročně o 194 %. Centrus Energy zvýšila výhled tržeb na rok 2026 na 450–500 milionů USD a má backlog 3,9 miliardy USD až do roku 2040.
Key Takeaways Cameco posted 7% Q1 revenue growth and adjusted earnings jumped 194% year over year.Centrus raised 2026 revenue guidance and reported a $3.9 billion backlog extending to 2040.CCJ's 2026 and 2027 earnings outlook outpaces LEU, whose estimates point to declines. Cameco Corp. (CCJ - Free Report) and Centrus Energy (LEU - Free Report) are two prominent names positioned to benefit from the growing global demand for nuclear power.
Cameco is one of the world’s largest uranium producers with an integrated business spanning mining, milling and fuel services. The company owns interests in world-class assets such as McArthur River and Cigar Lake and benefits from established production, long-term contracts and strong operating cash flows. Centrus Energy supplies nuclear fuel and services for the nuclear power industry, and is pioneering the production of High-Assay, Low-Enriched Uranium (HALEU).
As governments increasingly embrace nuclear energy to meet rising electricity demand and decarbonization goals, both companies appear well-placed for long-term growth. In this context, which stock offers better long-term growth prospects, Cameco or Centrus Energy? To make an informed decision, let us analyze their fundamentals, growth potential and key challenges.
The Case for CCJIn the first quarter of 2026, Cameco’s total revenues were up 7% to CAD 845 million ($616 million), reflecting improved performance of the uranium segment, which helped offset lower revenues in Fuel services. Uranium revenues increased 15% to CAD712 million ($520 million) on higher volumes and prices. Fuel Services revenues were down 1% year over year to CAD 134 million ($98 million), with higher volumes being offset by a 17% decline in average realized prices.
Cameco’s adjusted earnings surged 194% year over year to CAD 0.47 (34 cents) per share in the quarter. This was mainly attributed to higher revenues and stronger equity earnings from its 49% interest in Westinghouse Electric Company.
For 2026, CCJ expects its share of uranium production from McArthur River mine/Key Lake and Cigar Lake to range between 19.5 million and 21.5 million pounds compared with 21 million pounds of uranium in 2025. Although flooding in northern Saskatchewan temporarily disrupted operations at the Key Lake mill and McArthur River earlier this year, management has established a reliable flow of critical supplies through a secondary transportation route, restoring operations.
Cameco’s share of uranium from Cigar Lake is currently expected to be 9.5-10 million pounds and McArthur River’s contribution is anticipated at 10.0-11.5 million pounds for 2026. Cameco recently announced plans to increase its stake in Cigar Lake to 57.418%. Following the closure of the deal, which is expected in the third quarter of 2026, the guidance from the mine is expected to be revised subsequently.
Uranium deliveries are targeted at 29-32 million pounds for 2026, below the 33 million pounds delivered in 2025. Uranium revenues are projected at CAD 2.54–2.73 billion for 2026, which implies a 7% year-over-year decline at the midpoint due to lower volumes. The fuel services segment is expected to fare better, with revenues projected at CAD 590-630 million, suggesting a 9% increase from 2025 levels. Cameco’s total revenue guidance for the year is CAD 3.13-3.37 billion, indicating a 7% decline at the midpoint from 2025.
Cameco also benefits from excellent long-term contract visibility. As of March 31, 2026, Cameco had secured contracts requiring average annual uranium deliveries of more than 28 million pounds per year over the next five years. The company also has sale contracts for roughly 83 million kilograms of UF6 conversion to 33 customers.
Cameco is investing to expand production and capture favorable market conditions, including extending Cigar Lake’s mine life to 2036 and ramping up output at McArthur River and Key Lake toward their licensed annual capacity of 25 million pounds (100% basis).
The Case for Centrus EnergyFor the first quarter of 2026, Centrus Energy reported revenue growth of 5% year over year to $76.7 million. Revenues from the Low-Enriched Uranium segment decreased 13% year over year to $44.6 million. Management noted that SWU revenues slid 19% to $41.6 million as the volume of SWU sold fell 47%, partly offset by a 52% jump in the average selling price. Uranium sales added $3 million in the quarter.
The Technical Solutions segment generated revenues of $32.1 million, up 47% from the year-ago quarter. The lift was primarily tied to a $9.8 million increase from the HALEU Operation Contract with the Department of Energy.
Centrus Energy raised its full-year 2026 revenue guidance to a range of $450-$500 million from the prior range of $425-$475 million. As of March 31, 2026, the total company backlog was $3.9 billion, which extends to 2040, providing significant long-term revenue visibility.
The company is pursuing a multi-billion-dollar expansion of its Piketon, OH, facility to increase LEU and HALEU output and support more than $2.4 billion of contingent LEU sales commitments that are under definitive agreements as of March 31, 2026. The company continues to expect total capital deployment of $350-$500 million in 2026, driven by increased investment tied to its industrial buildout.
To improve operational efficiency, Centrus Energy has partnered with Palantir Technologies (PLTR - Free Report) and identified nearly $300 million in potential cost savings tied to its expansion initiatives.
The company is targeting annual HALEU production of 12 metric tons sometime after 2030, with initial production expected before the end of the decade.
Importantly, Centrus Energy remains the only licensed producer of HALEU in the Western world, giving it a unique strategic advantage as demand for advanced reactor fuel grows. Management estimates the HALEU market opportunity could reach $8 billion annually by 2035.
The company recently signed an agreement with Oklo Inc. (OKLO - Free Report) under which Centrus Energy will supply enough HALEU to power up to five Aurora powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus Energy will supply HALEU from the American Centrifuge Plant in Ohio to support Oklo’s planned 1.2 GW power campus in the region.
How do Estimates Compare for Cameco & Centrus Energy?The Zacks Consensus Estimate for Cameco’s 2026 earnings indicate a year-over-year increase of 17.5%. The estimate for 2027 indicates a year-over-year rise of 58.7%.
The consensus estimate for Centrus Energy’s 2026 earnings is pegged at $2.74 per share, which indicates a year-over-year decline of 29.7%. The estimate for 2027 earnings is pinned at $2.73 per share, indicating a year-over-year dip of 0.14%.
Image Source: Zacks Investment Research
Over the past 90 days, the EPS estimates for Cameco’s fiscal 2026 have moved down, while the estimates for 2027 have moved up. The estimates for Centrus Energy for both fiscal 2026 and fiscal 2027 have moved down in the same timeframe.
Image Source: Zacks Investment Research
CCJ & LEU: Price Performance & ValuationIn the past six months, Cameco stock has appreciated 23% while Centrus Energy shares have declined 18.4%.
Image Source: Zacks Investment Research
Cameco is trading at a forward price-to-earnings multiple of 63.08X. Centrus Energy’s forward sales multiple sits at 62.25X.
Image Source: Zacks Investment Research
ConclusionBoth Centrus Energy and Cameco are poised to thrive as nuclear energy gains global traction. Cameco offers scale, diversification and steady earnings visibility through its integrated fuel cycle and Westinghouse investment. Centrus Energy is uniquely positioned to drive the next phase of nuclear innovation through HALEU production.
Both stocks currently have a Zacks Rank #3 (Hold) each, which makes choosing one a difficult task. From a price performance standpoint and earnings growth projections, Cameco is the more appealing option at the moment, albeit at a slightly higher valuation.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
(We are reissuing this article to correct a mistake. The original article, issued on June 18, 2026, should no longer be relied upon.)
, /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) declared a quarterly dividend of $0.48 per share on its common stocks, payable July 20, 2026, to shareholders of record July 6, 2026.
This is the 102nd year of consecutive dividend payments by the Company.
About McCormick
McCormick & Company, Incorporated is a global leader in flavor. With approximately $7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, Gourmet Garden, FONA and Giotti. The breadth and reach of our portfolio uniquely position us to capitalize on the consumer demand for flavor in every sip and bite, through our products and our customers' products. We operate in two segments, Consumer and Flavor Solutions, which complement each other and reinforce our differentiation. The scale, insights, and technology that we leverage from both segments are meaningful in driving sustainable growth.
Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is committed to its Purpose – To Make Life More Flavorful – and driven by its Vision - To be the World's Most Trusted Source of Flavor.
To learn more, visit: www.mccormickcorporation.com or follow McCormick & Company on Instagram and LinkedIn.
For information contact:
Global Communications:
Jill Marvin – [email protected]
Franklin Resources (BEN) včera vystoupil na nové 52týdenní maximum 33,29 USD a za posledních šest měsíců posílil o 38,9 %. Růst táhne především rozšiřování alternativ a digitálních aktiv.
Key Takeaways BEN reached a 52-week high of $33.29 and outperformed IVZ and TROW over six months.BEN's AUM grew at a 3.1% CAGR over five years, with continued momentum in the first half of fiscal 2026.BEN is expanding through acquisitions and partnerships across alternatives and digital assets. Shares of Franklin Resources, Inc. (BEN - Free Report) touched a new 52-week high of $33.29 during yesterday’s trading session before closing slightly lower at $33.18.
Over the past six months, BEN shares have rallied 38.9% against the industry’s decline of 9.7%. The stock has also fared better than its close peers, Invesco Ltd. (IVZ - Free Report) and T. Rowe Price Group, Inc. (TROW - Free Report) , which gained 10.3% and 5.5%, respectively, over the same period.
Price Performance
Image Source: Zacks Investment Research
Does Franklin have more upside left after touching a new 52-week high? Let us find out.
Other Factors Supporting Franklin’s GrowthAUM Growth Driven by Diversification Efforts: Franklin has continued to deliver healthy growth in its assets under management (AUM) over the years, registering a 3.1% compound annual growth rate (CAGR) over the past five fiscal years through fiscal 2025, despite declines in fiscal 2022 and 2025. The upward momentum continued in the first half of fiscal 2026.
AUM Growth Trend
Image Source: Franklin Resources, Inc.
The company’s strategic push into higher-demand asset classes, especially alternatives, is expected to remain a key driver of AUM expansion going forward. In addition, its regionally diversified distribution network has helped strengthen its non-U.S. franchise and supported steady net inflows.
Solid Organic Growth: Organic growth has been a key strength for Franklin over the years. Although revenues declined in fiscal 2023, the company recorded a CAGR of 1.9% over fiscal 2022-2025. The growth momentum continued in the first six months of fiscal 2026, with revenues increasing year over year.
Going forward, revenues are likely to benefit from BEN's relatively strong distribution platform, which has supported diversification inflows across funds, vehicles and asset classes. The company also enjoys a first-mover advantage in several international markets and continues to diversify its business to build broader sources of revenues, primarily driven by a solid fixed-income pipeline. These initiatives, along with expanding investment capabilities, are expected to support long-term revenue growth.
The Zacks Consensus Estimate for BEN's fiscal 2026 and fiscal 2027 revenues is pegged at $9.1 billion and $9.2 billion, indicating year-over-year growth rates of 3.6% and 0.9%, respectively.
Revenue Estimates
Image Source: Zacks Investment Research
Strategic Acquisitions and Partnerships to Expand Capabilities: As part of its ongoing strategy to diversify investment offerings and strengthen its presence in high-growth asset classes, Franklin has continued to expand through acquisitions and strategic partnerships. In April 2026, the company agreed to acquire 250 Digital, a crypto investment firm spun out of CoinFund, and launch the Franklin Crypto unit to enhance its digital asset capabilities and broaden its institutional reach. Earlier, in February 2026, BEN partnered with Binance to introduce an off-exchange institutional collateral program aimed at improving the safety and capital efficiency of digital asset trading.
Franklin has also been strengthening its alternatives and technology capabilities. In November 2025, the company partnered with Wand AI to bolster AI-driven research and operations. Earlier, in October 2025, BEN acquired Apera Asset Management, expanding its alternative credit AUM to more than $90 billion and increasing its overall alternatives platform to approximately $270 billion. In September 2025, partnerships with Copenhagen Infrastructure Partners, DigitalBridge and Actis broadened its private infrastructure offerings, while the alliance with SBI Holdings in 2024 strengthened its exchange-traded fund and digital asset capabilities.
Together, these acquisitions and partnerships are expected to enhance Franklin's alternative investment capabilities, diversify revenue streams and support long-term AUM growth across its global asset management platform.
Strong Liquidity to Aid Shareholder Returns: Franklin maintains a healthy liquidity profile, providing financial flexibility and supporting its ability to pursue growth opportunities while returning capital to shareholders. As of March 31, 2026, the company had no short-term debt, while its liquidity position, comprising cash and cash equivalents, receivables and investments, stood at $6.6 billion.
As such, Franklin's strong liquidity position continues to support its shareholder-friendly capital distribution activities. In December 2025, the board authorized the repurchase of an additional 20.8 million shares, taking the total authorization to 40 million shares. As of March 31, 2026, shares worth $35.9 million remained available under the authorization. Further, the company raised its quarterly cash dividend by 3.1% to 33 cents per share in December 2025 and has increased dividends five times over the past five years. BEN currently offers a dividend yield of 3.9%, above the industry average of 2.5%. Meanwhile, Invesco and T. Rowe Price offer dividend yields of 2.9% and 4.8%, respectively.
Dividend Yield
Image Source: Zacks Investment Research
Concerns Prevailing for BENInvestment Management Fees Remain a Key Concentration Risk: The company's total revenues are heavily dependent on investment management fees, which represent its largest revenue source. These fees accounted for 79.3% of total revenues as of March 31, 2026, and have witnessed a volatile trend over the years. While the metric has generally trended upward in recent years, it largely depends on the level and mix of AUM, which are influenced by market conditions, client flows and investor preferences.
Further, Franklin's AUM is exposed to foreign exchange movements, regulatory changes and broader economic conditions. Thus, any sustained decline in AUM levels may pressure investment management fees and adversely impact the company's financial performance.
Higher Expenses Could Pressure Profitability: Franklin has been witnessing elevated operating expenses over the years. Though expenses declined in fiscal 2022, the metric recorded a CAGR of 7.9% over fiscal 2022-2025, with the upward trend continuing in the first six months of fiscal 2026.
Moreover, the acquisition of Apera Asset Management is expected to add roughly $30 million in expenses in fiscal 2026. While management expects efficiency savings to offset these costs, ongoing investments in technology, higher fundraising expenses and integration costs related to specialist investment managers may continue to pressure margins and limit bottom-line growth.
Analyzing BEN's Earnings Estimates and ValuationAnalysts are optimistic regarding Franklin’s earnings growth potential. Over the past month, the Zacks Consensus Estimate for the company’s fiscal 2026 and 2027 earnings has been revised upward. The estimated figures reflect respective year-over-year growth rates of 23.4% and 8.4%.
Earnings Revision Trend
Image Source: Zacks Investment Research
In terms of valuation, BEN stock appears inexpensive relative to the industry. The company is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 11.4X, which is below the industry’s P/E of 13.8X.
Price-to-Earnings F12M
Image Source: Zacks Investment Research
Meanwhile, Invesco holds a P/E ratio of 10.62X, while T. Rowe Price’s P/E ratio stands at 11.3X.
How to Approach BEN Stock Now?Franklin’s expanding alternatives platform, along with its strategic acquisitions and growing digital asset capabilities, is expected to support long-term AUM and revenue growth. Strong liquidity and consistent capital return initiatives further highlight the company’s financial strength and shareholder-friendly approach.
Improving earnings performance, a diversified product suite and a strengthening global distribution network continue to support Franklin’s long-term growth outlook. Additionally, BEN stock appears attractively valued relative to the industry.
However, volatility in investment management fees, along with a rising expense base driven by acquisitions and integration costs, is likely to pressure margins and earnings in the near term.
Hence, despite the recent rally, investors may prefer to wait for a more attractive entry point. Existing shareholders, however, may continue to hold the stock, given Franklin’s solid fundamentals and long-term growth initiatives.
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
T. Rowe Price v 1. čtvrtletí zvýšila průměrná aktiva pod správou (AUM) o 9,1 % na 1,71 bilionu USD, což podpořilo růst čistých výnosů na 1,86 miliardy USD. Přesto firma vykázala čisté odlivy ve výši 13,7 miliardy USD kvůli slabosti akciových strategií.
Key Takeaways T. Rowe Price grew average AUM 9.1% to $1.71T in Q1'26, supporting higher net revenues.TROW saw positive flows in multi-asset, fixed income and alternatives despite equity outflows.T. Rowe Price's disciplined risk management is the key to supporting its long-term AUM growth. Assets under management (AUM) remain one of the most important growth drivers for T. Rowe Price Group (TROW - Free Report) , as the company generates the bulk of its revenues from investment advisory fees tied to the AUM levels. As of March 31, 2026, 90.6% of its net revenues were generated from investment advisory fees.
In the first quarter of 2026, T. Rowe Price’s average AUM increased 9.1% year over year to $1.71 trillion, supporting a 5.3% rise in net revenues to $1.86 billion. This highlights how a larger asset base can directly benefit the company’s top line. The AUM balance witnessed a compound annual growth rate (CAGR) of 9.7% over 2011-2025.
AUM Growth Trend
Image Source: T. Rowe Price Group
A key strength for T. Rowe Price is its diversified AUM mix across equities, fixed income, multi-asset products and alternatives. While equity strategies, especially U.S. growth-oriented offerings, continued to face outflows, other asset classes showed resilience. Multi-asset, fixed income and alternative products recorded positive net flows, helping reduce the impacts of weakness in equities. This diversification is important because it gives the company more than one avenue for growth, especially at a time when active equity managers face pressure from the rising popularity of passive products.
TROW is also working to expand its investment capabilities through product innovation and strategic partnerships. Its alternative credit offerings, supported by Oak Hill Advisors, including private credit and flexible credit income products, are aimed at meeting investor demand for income and diversification. These initiatives could help strengthen future AUM growth and reduce the dependence on traditional equity strategies.
However, challenges remain. T. Rowe Price recorded firmwide net outflows of $13.7 billion in the first quarter of 2026, showing that client redemptions are still concerning. Continued pressure in U.S. equity products may weigh on organic growth if inflows in other categories are not strong enough to offset the decline. In addition, stress in private credit markets could dampen investor appetite for alternative credit strategies and increase redemption risks, particularly if concerns around liquidity, valuations, leverage and credit quality intensify.
Overall, TROW’s diversified AUM base remains a meaningful strength. Although equity outflows remain a near-term challenge, growth in multi-asset, fixed income and alternatives could help stabilize revenues. However, the company’s expansion into private credit will require disciplined risk management to sustain investor confidence and support long-term AUM growth.
AUM Performance of Other Asset ManagersFranklin Resources’ (BEN - Free Report) AUM witnessed a CAGR of 3.1% over the past five fiscal years (2021-2025), with the rising trend continuing in the first quarter of fiscal 2026. The gain was driven by its efforts to diversify into high-demand asset classes, including alternative investments, and by favorable net flows from its regionally focused distribution model. Strategic acquisitions have also supported AUM growth, enabling Franklin Resources to expand its global footprint and strengthen its non-U.S. business.
Apollo Global Management’s (APO - Free Report) AUM saw a CAGR of 19.6% over the past three years (2022-2025), with the uptrend continuing in the first quarter of 2026. The increase in Apollo’s AUM is primarily driven by growth in retirement services client assets, platform subscriptions and new financing facilities. The acquisition of Bridge Investment Group Holding nearly doubled Apollo’s real estate AUM to more than $110 billion. By 2029, Apollo expects its total AUM to reach $1.5 trillion by scaling its private equity business.
TROW’s Price Performance & Zacks RankOver the past three months, shares of T. Rowe Price have gained 21.6% compared with the industry’s rise of 10%.
Price Performance
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy)stocks here.
Cardinal Health po výsledcích za 3. fiskální čtvrtletí zvýšil výhled na fiskální rok 2026 a oznámil růst EPS o 35 %. Tahounem zůstává speciální farmacie a vyšší marže služeb.
Key Takeaways Cardinal Health shares are up 7.9% YTD after gaining 74% in 2025 on strong execution.CAH raised fiscal 2026 guidance after reporting 35% EPS growth in third-quarter results.Cardinal Health is expanding specialty pharma, advanced therapies and higher-margin services. After delivering a remarkable 74% gain in 2025, shares of Cardinal Health (CAH - Free Report) have climbed another 7.9% year to date, reflecting continued investor confidence in the company’s evolving growth strategy. The rally can be attributed to consistently strong earnings execution, accelerating specialty pharmaceutical expansion and growing contribution from higher-margin healthcare services businesses.
CAH stock has outperformed its closest peers, McKesson (MCK - Free Report) and Cencora, Inc. (COR - Free Report) , so far this year. Over the same period, shares of McKesson have lost 8.5%, while those of Cardinal Health have declined 19.5%.
On its fiscal third-quarter 2026 earnings call, Cardinal Health once again raised earnings guidance after reporting 35% earnings per share (EPS) growth, underscoring management’s confidence in sustained operational momentum. While macro uncertainties and pricing headwinds remain, Cardinal Health is increasingly transforming itself from a traditional pharmaceutical distributor into a diversified healthcare infrastructure company positioned to benefit from specialty medicine growth, advanced therapies and expanding outpatient care trends.
YTD Performance: CAH vs Industry & Peers
Image Source: Zacks Investment Research
Key Growth Drivers
Specialty Pharmaceutical Business Continues to Power Core Growth: Cardinal Health’s Pharmaceutical and Specialty Solutions business remains its primary growth engine. In the fiscal third quarter, segment revenues rose 11% to $56.1 billion while segment profit jumped 18%, significantly outpacing top-line growth.
Specialty revenues continue to expand above market rates, with management expecting specialty sales to exceed $50 billion in fiscal 2026. Growth is being supported by expanding manufacturer partnerships, specialty distribution and increasing penetration across physician practices.
MSO Platform Expansion Strengthens Competitive Position: The company continues to focus on expanding its physician-focused management services organization (MSO) platform, a key strategy to support long-term growth. Management highlighted continued progress with integrating Solaris into Specialty Alliance, helping expand multispecialty physician offerings.
This strengthens Cardinal Health’s downstream presence with providers while deepening relationships with manufacturers. As specialty drugs become increasingly complex and high-value, the physician networks should help drive durable growth through improved care coordination and service differentiation.
Advanced Therapies and Radiopharma Offer High-Growth Opportunities: Cardinal Health is aggressively positioning itself in next-generation therapies. Its recent 2026 Advanced Therapies report highlighted strong industry momentum toward moving gene and cell therapies into community-based care settings.
Simultaneously, the company significantly expanded Actinium-225 production capacity after already quadrupling output since late 2024. As targeted alpha therapies and radiopharmaceuticals are rapidly emerging as key oncology growth areas, Cardinal Health is building early leadership in this potentially multibillion-dollar market.
Adjacent Businesses Are Becoming Meaningful Profit Drivers: Beyond core pharmaceutical distribution, Cardinal Health’s newer healthcare businesses are scaling rapidly. The company reported 31% revenue growth and 34% profit increase in its “Other Growth Businesses” segment, driven by At-Home Solutions, Nuclear and Precision Health Solutions, and OptiFreight Logistics.
Particularly noteworthy is theranostics, where Nuclear and Precision Health Solutions delivered more than 30% growth, reflecting rising demand for precision medicine and oncology-focused diagnostics.
Estimate Revision Trend for CAHEstimates for Cardinal Health’s fiscal 2026 earnings have moved up 16.5% to $10.76 per share over the past year, while the same for fiscal 2027 earnings has improved 17.2% to $11.98. The positive estimate revision depicts bullish sentiments for the stock.
Image Source: Zacks Investment Research
Competition Remains Intense as Rivals Expand Similar Specialty StrategiesCardinal Health continues to face aggressive competition from McKesson and Cencora, both of which are pursuing similar specialty-driven strategies. McKesson delivered 18% adjusted EPS growth in fiscal 2026 while expanding oncology and multispecialty platforms, adding over 570 providers and strengthening AI-enabled supply-chain capabilities.
Cencora continues to invest heavily in specialty pharmaceuticals, oncology-focused MSO platforms and digital infrastructure through its OneOncology acquisition. Compared with peers, Cardinal Health currently stands out for stronger earnings momentum and faster scaling of high-margin businesses like theranostics and precision health, giving it a relative execution advantage entering the second half of 2026.
Valuation OutlookCardinal Health’s improving fundamentals have translated into stronger earnings visibility and guidance. Strong earnings momentum supports the stock’s performance and suggests that Cardinal Health remains attractively positioned relative to its historical growth profile.
CAH’s shares currently trade at a forward 12-month price-to-earnings (P/E) of 18.57X, higher than the industry average of 16.15X.
Image Source: Zacks Investment Research
Risks and Challenges Could Limit Further UpsideDespite strong momentum, several risks remain. Tariff exposure continues to put pressure on Cardinal Health’s GMPD segment, where profits declined due to adverse tariff impacts despite operational improvements. Growth in GLP-1 drug sales has moderated after prior strength, while Inflation Reduction Act pricing adjustments continue to hurt pharmaceutical revenue growth.
Rising competitive intensity in specialty distribution from McKesson and Cencora could pressure market share gains. Execution risk around scaling newer businesses, such as radiopharma and advanced therapies, also remains an important factor for investors monitoring the stock’s next move.
CAH’s Zacks Rank & Another Key PickCurrently, Cardinal Health has a Zacks Rank #2 (Buy).
West Pharmaceutical (WST - Free Report) is another top-ranked stock from the broader medical space. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
West Pharmaceutical, sporting a Zacks Rank #1 at present, reported first-quarter 2026 earnings per share (EPS) of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%.
West Pharmaceutical has an estimated long-term earnings growth rate of 13.9%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 19.4%.
Lucid Motors is laying off 18% of its workforce, or around 1,500 employees, just four months after the EV maker cut 12% of its staff. The company said on Monday that it has also “eliminated the second shift” of EV production at its factory in Casa Grande, Arizona.
The cuts are part of a bid by Lucid’s new CEO, Silvio Napoli, to “simplify the company, sharpen execution, and position Lucid to become more competitive over time,” the company said in a statement. The layoffs come as the electric vehicle market in the United States has cooled, with major automakers pulling electric models from their own product plans.
Marc Winterhoff, who served as interim CEO for more than a year until Napoli took the job, has also left the company. Winterhoff, Napoli, and the company had all previously said that Winterhoff would stay on as chief operating officer after stepping down as interim CEO. In a regulatory filing, Lucid Motors said it has eliminated the chief operating officer position entirely.
This round of cuts comes as Lucid Motors works toward releasing its first mass-market vehicle later this year, the Lucid Cosmos SUV. The lower-cost EV is supposed to start at under $50,000 and put Lucid Motors on the path to profitability.
Lucid Motors is also attempting to become a major player in the autonomous vehicle space, partnering with Uber and Nuro on a luxury robotaxi service slated to launch later this year in San Francisco. The company declined to comment on whether any of its programs are being mothballed.
The Saudi Arabia-owned, publicly traded company has seen more than a dozen top executives leave over the last two years. Longtime CEO Peter Rawlinson abruptly resigned in February 2025; Chief Engineer Eric Bach was let go in late 2025, and filed a wrongful termination lawsuit shortly after (though that lawsuit has been stayed pending arbitration); and Emad Dlala, another longtime employee, resigned earlier this month, just a few months after being promoted to a top role.
The latest cuts include full-time employees, contractors, and hourly production workers. The company reported having 9,000 employees globally at the end of 2025, prior to the 12% cut in February.
Lucid said the layoffs will help it align “production plans with anticipated demand,” and generate annualized savings of around $158 million. The company expects the restructuring to complete by the third quarter of this year.
Lucid will pay approximately $32 million in severance. Winterhoff, the outgoing executive, will get severance, “certain security support,” and will be able to keep his company vehicle, according to the regulatory filing.
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Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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Na Lucid Group byla podána hromadná žaloba kvůli údajným zavádějícím tvrzením o výrobě a dodávkách. Spor souvisí s narušením dodávek Lucid Gravity po dobu 29 dnů a slabšími výsledky za 1. čtvrtletí 2026.
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-05128, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Lucid securities between February 25, 2026 and April 13, 2026, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are an investor who purchased or otherwise acquired Lucid securities during the Class Period, you have until July 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles, EV powertrains, and battery systems. The Company’s products include, inter alia, the “Lucid Air” sedan and “Lucid Gravity” sport utility vehicle.
At all relevant times, Defendants touted purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations. In particular, beginning in late-February 2026, Defendants represented that, in fiscal year (“FY”) 2025, they had implemented sustainable improvements in these areas, including with respect to the production and ramp-up of deliveries of the Lucid Gravity. Defendants likewise asserted that these improvements would lead to profitable growth and performance efficiencies in FY 2026. Unbeknownst to investors, however, Lucid’s performance was materially hampered by significant supplier and delivery issues in February 2026, putting the Company on track for dismal, rather than improved, performance in its first quarter (“Q1”) of 2026.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
The truth began to emerge on April 3, 2026, when Lucid issued a press release “announc[ing its Q1 2026] production and delivery totals[.]” Lucid revealed that it had “produced 5,500 vehicles” during Q1 2026, while only “deliver[ing] 3,093 vehicles.” The press release further disclosed that, “[d]uring the quarter, deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats” and, “[a]s a result of this, the company’s ability to meet customer demand was impacted.”
The same day, Reuters published an article entitled “Lucid misses first-quarter vehicle delivery estimates on supplier disruptions”. The article provided additional color and comments from Defendant Marc Winterhoff (“Winterhoff”), the Company’s Interim Chief Executive Officer (“CEO”), regarding Lucid’s disappointing Q1 2026 delivery results—most notably that deliveries were particularly impacted over a month earlier in February 2026, when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced.
The next trading day, April 6, 2026, 24/7 Wall St. published an article entitled “Lucid Faces Biggest Disaster Ever”, which described the number of vehicles that Lucid delivered in Q1 2026 as “remarkably small”, stating that Lucid “cannot sell fewer than 4,000 vehicles and even pretend this is sustainable.”
Following the foregoing news and disclosures, Lucid’s stock price fell $1.13 per share, or 11.35%, over the following two trading sessions, to close at $8.83 per share on April 7, 2026.
On April 14, 2026, Lucid filed a current report on Form 8-K with the United States Securities and Exchange Commission (“U.S.”), reporting, inter alia, its preliminary Q1 2026 financial results, including revenue in the range of $280 million to $284 million—well below the consensus estimate of $433.8 million—and losses from operations in the range of $985 million to $1.005 billion.
The same day, Lucid issued a press release revealing its plans for a $1.05 billion capital raise, including a $300 million public stock offering.
Following these disclosures, Lucid’s stock price fell $0.44 per share, or 4.76%, to close at $8.80 per share on April 14, 2026.
Then, on May 5, 2026, Lucid issued a press release reporting its Q1 2026 financial results, including GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million. Defendant Winterhoff, as quoted in the press release, acknowledged that the previously disclosed “supplier issue . . . during the quarter had an impact,” and the need to “align[] production and delivery with customer demand.” Lucid’s Chief Financial Officer, Defendant Taoufiq Boussaid, as quoted in the same press release, likewise acknowledged that “[w]e ended the quarter with elevated inventory that we expect to convert to revenue and cash as deliveries normalize[.]”
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Wix.com oznámil za 1. čtvrtletí 2026 46% meziroční růst provozních nákladů, což srazilo provozní marži na 5 % z 21 %. Akcie WIX po zprávě 13. května 2026 spadly o 27 % a firma čelí vyšetřování.
, /PRNewswire/ -- Investors in Wix.com Ltd. (NASDAQ: WIX) saw the price of their shares tank $20.56 (-27%) on May 13, 2026, wiping out over $1.1 billion of the company's market capitalization, after Wix announced its Q1 2026 financial results and a massive 46% year-over-year increase in operating expenses and questions over the company's ability to defend its core business.
The news and severe market reaction have prompted national shareholder rights law firm Hagens Berman to open an investigation into whether Wix may have misled investors about the nature of its spending and, if so, whether the federal securities laws may have been violated. The firm urges Wix investors who suffered significant losses to contact the firm now to discuss their rights.
Visit: www.hbsslaw.com/investor-fraud/wix
Contact the Firm Now: [email protected]
844-916-0895
Wix.com Ltd. (WIX) Investigation:
Global web development platform company Wix faces AI disruption concerns over whether traditional website builders can maintain competitive moats as AI-native tools proliferate and enable non-technical users to create web presence without needing platforms like Wix.
To confront this challenge, Wix positioned AI initiatives, Base44 and Harmony, as a two-pronged defense against the vibe coding trend threatening the company's core business.
The company has assured investors that "[w]e expect innovation-driven growth to be accompanied by high impact but disciplined investments to fully unlock the market opportunity ahead for both Wix and Base44."
In contrast, investors' expectations were dashed on May 13, 2026. That day, Wix revealed aggressive and front-loaded AI compute expenses for Harmony and Base44. More specifically, the rapid expansion of Base44 and Harmony rollout radically altered Wix's cost structure primarily through front-loading sales and marketing ("S&M") expenses. Collectively, the initiatives drove non-GAAP S&M expenses to $190.7 million, a year-over-year 88% increase that caused the company's non-GAAP operating margin to collapse from 21% during the prior year period to just 5% while sending its quarterly operating expenses up 46% from the prior year period.
The market swiftly reacted, scalping over $1.1 billion from Wix's market capitalization that day and prompting analysts' surprise over the magnitude of the margin miss.
"We're investigating whether Wix may have intentionally understated the adverse effects of its AI initiatives on its operating results," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Wix and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to frequently asked questions about the firm's Wix investigation, read more »
Whistleblowers: Persons with non-public information regarding Wix should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Kosmos Energy dokončila prodej podílů v Ceiba Field a Okume Complex v Rovníkové Guineji společnosti Panoro Energy za zhruba 127 milionů USD. Výnos použije na splacení dluhu z úvěrové linky RBL.
Enhances portfolio, high grades capital allocation, lowers costs and enhances liquidity June 17, 2026 02:00 ET | Source: Kosmos Energy, LLC
DALLAS, June 17, 2026 (GLOBE NEWSWIRE) -- Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to announce the completion of the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy (“Panoro”).
The final cash consideration on completion, post-closing adjustments, was approximately $127 million. The closing adjustments reflect the cash received from the assets in the first half of 2026 to completion on June 16, 2026. Future contingent payments of up to ~$40 million are subject to certain oil price and production thresholds.
The transaction proceeds will be used to repay borrowings under the Company’s reserves-based lending (RBL) credit facility.
Andrew G. Inglis, Kosmos Energy’s chairman and chief executive officer said: “We are pleased to have closed this transaction, a win-win for Kosmos and Panoro. For Kosmos, the transaction high grades our portfolio by divesting high unit operating cost production and increases balance sheet resilience, with retained exposure to future upside from the assets. Strategically, it also enables Kosmos to focus our capital and expertise on our world-class assets where we can add the most value for our stakeholders over the long-term. We’d like to thank CEMAC and the Government of Equatorial Guinea for their timely approvals.”
To reflect the impact of the sale completion, Kosmos will provide updated full year 2026 guidance with its second quarter results in August. Production year-to-date has been around 5,800 barrels of oil per day net to Kosmos. An asset retirement obligation liability of around $140 million will also be removed from the balance sheet.
About Kosmos Energy
Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. We have diversified oil and gas production from assets offshore Ghana, Mauritania, Senegal and the Gulf of America. Additionally, in the proven basins where we operate, we are advancing high-quality development opportunities, which have come from our exploration success. Kosmos is listed on the NYSE and LSE and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in the Kosmos Sustainability Report. For additional information, visit www.kosmosenergy.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Kosmos expects, believes or anticipates will or may occur in the future are forward-looking statements. Kosmos’ estimates and forward-looking statements are mainly based on its current expectations and estimates of future events and trends, which affect or may affect its businesses and operations. Although Kosmos believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available to Kosmos. When used in this press release, the words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will” or other similar words are intended to identify forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Kosmos, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on such assumptions, risks and uncertainties is available in Kosmos’ Securities and Exchange Commission (“SEC”) filings. Kosmos undertakes no obligation and does not intend to update or correct these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Rithm Capital schválila dividendu za 2. čtvrtletí 2026: 0,25 USD na kmenovou akcii a další výplaty pro preferenční akcie. Kmenová dividenda je splatná 31. července 2026. Preferenční dividendy jsou splatné 17. srpna 2026.
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared its second quarter 2026 common and preferred stock dividends.
Common Stock Dividend
The Board declared a dividend of $0.25 per share of common stock for the second quarter 2026. The second quarter common stock dividend is payable on July 31, 2026, to shareholders of record on July 2, 2026.
Preferred Stock Dividends
In accordance with the terms of Rithm Capital’s Series A Cumulative Redeemable Preferred Stock (“Series A”), the Board declared a Series A dividend for the second quarter 2026 of $0.6206601 per share, which reflects a rate of 9.715%. The Series A Preferred Stock accrues dividends at a floating rate equal to three-month CME SOFR (plus a spread adjustment of 0.262%) plus a spread of 5.802%.
In accordance with the terms of Rithm Capital’s Series B Cumulative Redeemable Preferred Stock (“Series B”), the Board declared a Series B dividend for the second quarter 2026 of $0.6103101 per share, which reflects a rate of 9.553%. The Series B Preferred Stock accrues dividends at a floating rate equal to three-month CME SOFR (plus a spread adjustment of 0.262%) plus a spread of 5.640%.
In accordance with the terms of Rithm Capital’s Series C Cumulative Redeemable Preferred Stock (“Series C”), the Board declared a Series C dividend for the second quarter 2026 of $0.5674407 per share, which reflects a rate of 8.882%. The Series C Preferred Stock accrues dividends at a floating rate equal to three-month CME SOFR (plus a spread adjustment of 0.262%) plus a spread of 4.969%.
In accordance with the terms of Rithm Capital’s 7.000% Series D Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series D”), the Board declared a Series D dividend for the second quarter 2026 of $0.4375000 per share.
In accordance with the terms of Rithm Capital’s 8.750% Series E Fixed-Rate Cumulative Redeemable Preferred Stock (“Series E”), the Board declared a Series E dividend for the second quarter 2026 of $0.5468750 per share.
In accordance with the terms of Rithm Capital’s 8.750% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series F”), the Board declared a Series F dividend for the second quarter 2026 of $0.5468750 per share.
Dividends for the Series A, Series B, Series C, Series D, Series E, and Series F are payable on August 17, 2026, to preferred shareholders of record on August 1, 2026 (with an effective record date of July 31, 2026).
ABOUT RITHM CAPITAL
Rithm Capital Corp. is a global alternative asset manager with significant experience managing credit and real estate assets. Rithm’s integrated platform spans asset-based finance, residential and commercial real estate lending, mortgage servicing rights, and structured credit. Through platforms including Elecor Properties, Newrez, Genesis Capital, Sculptor Capital Management, and Crestline Investors, Rithm employs a unique owner-operator model to drive value for shareholders and investors.
Kartoon Studios získá z dohod o vyrovnání přibližně 78,5 milionu USD před odečtením poplatků a výdajů právníků žalobce, což výrazně posílí její rozvahu. Firma chce peníze využít k urychlení růstu kolem IP A.A. Milne a Stan Lee.
Court Enters All Settlements Reached to Date in Short-Swing Profit Recovery Action
Company Well-Capitalized to Execute A.A. Milne and Stan Lee IP-Driven Growth Strategy
BEVERLY HILLS, Calif., June 17, 2026 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE American: TOON) (“Kartoon Studios” or the “Company”) today announced that the U.S. District Court for the Southern District of New York has entered all settlement agreements reached to date in the shareholder action Augenbaum v. Anson Investments Master Fund LP et al. (Case No. 1:22-CV-00249-AS). Pursuant to those settlements, the Company will receive aggregate settlement payments of approximately $78.5 million, before plaintiff’s counsel fees and expenses.
The action was brought on behalf of the Company under Section 16(b) of the Securities Exchange Act, commonly known as the “short-swing profit” recovery statute, seeking to recover profits realized from certain transactions in the Company’s securities. With the Court’s latest ruling, all settlement agreements reached to date with settling defendants have now been entered. The action remains ongoing against the two remaining defendants.
The settlements represent a significant milestone in Kartoon Studios’ financial evolution. The aggregate recovery materially strengthens the Company’s balance sheet, providing a substantial capital base to execute and accelerate its children and family intellectual property-driven growth strategy without reliance on external financing, or dilution.
“This is a watershed moment for Kartoon Studios and, most importantly, for our shareholders,” said Andy Heyward, Chairman and CEO of Kartoon Studios. “These recoveries are non-dilutive, and return substantial value directly to the Company and its shareholders.
“For years, we have invested in building a platform supported by a portfolio of world-class children and family based intellectual property. This enhanced financial position will enable us to accelerate the commercialization of our flagship franchises, including Hundred Acre Wood and the Stan Lee Universe, while also pursuing strategic opportunities that were previously beyond our reach,” concluded Heyward.
The Company intends to deploy its enhanced financial resources to accelerate the development, commercialization, and monetization of its owned intellectual property portfolio; expand and strengthen its distribution platforms, including Kartoon Channel! and Ameba; and pursue strategic growth opportunities across content production, licensing, consumer products, and related initiatives. The Company intends to deploy these proceeds with the same financial discipline that has significantly reduced operating expenses and improved its operating results, supporting its continued progress toward sustained positive cash flow.
About Kartoon Studios
Kartoon Studios (NYSE AMERICAN: TOON) is a global leader in children’s and family entertainment, delivering premium content and high-value animated intellectual property to millions of viewers worldwide. The Company’s portfolio features globally recognized brands, as well as holding a controlling interest in Stan Lee Universe, and operates Mainframe Studios, one of North America’s largest animation producers, with more than 22,000 minutes of award-winning programming delivered.
Through its Toon Media Networks division including Kartoon Channel!, Ameba, Kartoon Channel Worldwide and Frederator, Kartoon Studios reaches audiences across linear television, AVOD, SVOD, FAST channels, and top streaming platforms. Kartoon Channel! is consistently rated the #1 kids’ streaming app on the Apple App Store. With a global distribution footprint in over 60 territories, and a robust content pipeline, Kartoon Studios is being positioned for sustained growth and long-term shareholder value.
For more information, visit www.kartoonstudios.com
Forward-Looking Statements: Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements and include statements regarding: the settlement providing a substantial capital base to execute and accelerate Kartoon Studios’ children and family intellectual property-driven growth strategy without reliance on external financing, or dilution; building a platform supported by a portfolio of world-class children and family based intellectual property; the enhanced financial position enabling the acceleration of the commercialization of Kartoon Studios’ flagship franchises, including Hundred Acre Wood and the Stan Lee Universe, while also pursuing strategic opportunities that were previously beyond the Company’s reach; deploying Kartoon Studios’ enhanced financial resources to accelerate the development, commercialization, and monetization of its owned intellectual property portfolio; expanding and strengthening the Company’s distribution platforms, including Kartoon Channel! and Ameba, and pursuing strategic growth opportunities across content production, licensing, consumer products, and related initiatives; deploying the proceeds from the settlements with the same financial discipline that has significantly reduced operating expenses and improved Kartoon Studios’ operating results, supporting its continued progress toward sustained positive cash flow; and being positioned for sustained growth and long-term shareholder value. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation the Company’s ability to execute its transition to an intellectual property-driven growth model; the Company’s ability to advance its flagship franchise initiatives; the Company’s ability to leverage prior investments in platform, content, and infrastructure, to support a more scalable operating foundation and the broader commercialization of the Company’s intellectual property portfolio; the Company’s ability to continue the momentum across its Company’s distribution business; the Company’s ability to advance its flagship franchises as multi-platform initiatives extending across content, licensing, and consumer products; the Company’s ability to bring properties to market and convert its franchises into scalable, higher-margin revenue opportunities to drive long-term value; the Company’s ability to launch and expand Hundred Acre Wood and the Stan Lee Universe in the US and globally as planned; the Company’s ability to capture value across the full lifecycle of its intellectual property by combining production capabilities, owned distribution platforms, marketing infrastructure, and licensing operations; the Company’s ability to move quicker and with purpose faster than its competitors; the Company’s ability to execute against its platform while continuing to expand higher-margin, IP-driven revenue streams; the Company’s ability to improve operating performance and margin profile over time as its initiatives scale; the Company’s ability to benefit from its investments in infrastructure and IP; the Company’s ability to obtain additional financing on acceptable terms, if at all; fluctuations in the results of the Company’s operations from period to period; general economic and financial conditions; the Company’s ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; the Company’s reliance on and relationships with third-party production and animation studios; the Company’s ability to market and advertise its products; the Company’s reliance on third parties to promote its products; the Company’s ability to keep pace with technological advances; the Company’s ability to protect its intellectual property and those other risk factors set forth in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and in the Company's subsequent filings with the Securities and Exchange Commission (the “SEC”). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
JetBlue zavře na podzim základny palubního personálu v Newarku a technických operací v Newarku i LaGuardii, aby snížila náklady a posílila Fort Lauderdale. Současně končí sezónní linky Newark–Los Angeles a Newark–Las Vegas.
JetBlue Airways told CNBC on Wednesday that it will close its flight attendant base at Newark Liberty International Airport in New Jersey and tech operations bases there and at LaGuardia Airport in New York this fall as it seeks to reduce costs and beef up service in Fort Lauderdale, Florida, though it noted that no staff will lose their jobs.
JetBlue said it is ending seasonal service between Newark and Los Angeles and Las Vegas. It said staff could bid or transfer to other bases.
"We're operating in a fast-changing landscape where competitors are constantly adding, reducing and shifting flying in response to market conditions," JetBlue President Marty St. George and COO Warren Christie said in a staff note, which was seen by CNBC. "We have to be just as agile, entering markets where we see opportunity and exiting those that no longer support our long-term goals. Standing still while competitors make moves isn't an option."
The airline is already the top carrier at Fort Lauderdale, though it was previously second to Spirit Airlines, the South Florida-based discounter that collapsed on May 2. Competitors have also added service to the region.
JetBlue earlier Wednesday said it would expand daily, cross-country flights with its lie-flat business class, Mint, from Fort Lauderdale, Florida, to San Diego on Nov. 19 and will add more Mint-equipped flights this winter to San Francisco and Los Angeles.
That will include up to eight daily Fort Lauderdale to Los Angeles flights and three a day to San Francisco.
JetBlue has spent years trimming unprofitable routes and cutting costs to return to steady profitability. Its last profitable quarter was two years ago, and the Fort Lauderdale-Hollywood International Airport push is a big part of its strategy, St. George told CNBC earlier this month. The airline is scouting space for a high-end airport lounge there, too, he said.
Mint-equipped planes are lucrative and those seats carry a big premium. A one-way Mint seat from Fort Lauderdale to Los Angeles on Jan. 10 topped $3,000 and went as high as $4,522 while a basic coach ticket on that route was going for as little as $244.
The JetBlue executives told staff Wednesday that they know the Newark reductions raise questions about their plans at LaGuardia Airport, where JetBlue's one-time acquisition target, Spirit, operated out of the Marine Air Terminal until it shut down.
"Any future opportunities that could come from the LGA slot auction process remain uncertain and would take time to develop," they said. "We must make decisions based on the operation we know we will fly, not on potential outcomes that may or may not materialize in the future."
watch now
JetBlue executives have called out the high costs of operating at airports like LaGuardia.
"We are much, much smaller at LaGuardia than we were four years ago because it's a $40 [enplanement fee] airport for us. And the fountain is really pretty, but ... I think people would rather have low fares than a really nice fountain," St. George said at a JPMorgan industry conference in March, referring to the 25-foot-tall water feature in the airport's Terminal B.
The Port Authority of New York and New Jersey, which operates LaGuardia and Newark airports, did not immediately comment.
CSX za poslední rok vzrostl o 45,5 % a těží z vylepšení služby SMX, která má zlepšit přeshraniční přepravu mezi USA, Texasem a Mexikem. Firma zároveň zvýšila dividendu o 8 % a odhady pro roky 2026 a 2027 šly nahoru.
Key Takeaways CSX shares gained 45.5% in a year, outperforming the rail industry's 18.2% growth. CSX could benefit from the upgraded SMX service through stronger cross-border freight connectivity. CSX expanded rail-served facilities, raised its dividend 8% and saw higher 2026 and 2027 estimates. CSX (CSX - Free Report) shares have performed impressively on the bourse of late. Shares of this Jacksonville, FL-based company have surged 45.5% over the past year, outperforming the Zacks Transportation - Rail industry’s 22.5% growth.
Image Source: Zacks Investment Research
Given the impressive price performance, let's take a deeper look at the factors driving growth at this leading rail-based freight transportation service provider, which currently carries a Zacks Rank #2 (Buy), and assess its potential for continued gains. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
CSX and Canadian Pacific Kansas City (CP - Free Report) are expected to benefit from the upgraded Southeast Mexico Express (“SMX”) service, as faster transit times, expanded market access and improved network efficiency are introduced. Backed by infrastructure investments, cross-border connectivity between the U.S. Southeast, Texas and Mexico is expected to be strengthened, potentially driving additional freight volumes and supporting long-term growth.
Similarly, Schneider National (SNDR - Free Report) , a premier provider of transportation, intermodal and logistics services, has already benefited from the SMX corridor. The enhanced service offers more reliable, truck-like transit times between Texas, Mexico and the U.S. Southeast, strengthening rail's competitiveness against trucking while providing greater capacity and efficiency for shippers.
CSX continued to broaden its growth opportunities by adding 85 new or expanded rail-served facilities and maintaining a robust pipeline of customer development projects across its network. At the end of 2025, the company also broadened its market reach through new intermodal and interchange agreements while returning $2.4 billion to shareholders through dividends and share repurchases. An 8% dividend increase, combined with ongoing investments in artificial intelligence and predictive analytics, highlights management's confidence in the company's long-term growth, productivity and cash-generation potential.
The company also delivered notable improvements in safety and service performance at the end of 2025. Its FRA personal injury frequency index improved to 0.94, while its train accident rate improved to 3.08, reflecting a strong focus on employee safety and operational discipline. Network performance metrics, including train velocity, terminal dwell and trip-plan performance, also improved throughout the second half of 2025, providing a stronger foundation for service reliability, customer satisfaction and future commercial growth.
Estimate Revisions to Head NorthDriven by the positives discussed above, the Zacks Consensus Estimate for the full-year 2026 and 2027 has been revised upward by 3.26% and 3.37%, respectively, over the past 60 days.
Workday musí čelit žalobě v Kalifornii kvůli tvrzení, že jeho nástroje AI pro nábor diskriminovaly uchazeče. Soudce odmítl většinu pokusu firmy žalobu zamítnout.
Item 1 of 2 The logo of Workday is seen at the entrance of the company's temporary stand ahead of the World Economic Forum (WEF) in Davos, Switzerland January 18, 2025. REUTERS/Yves Herman
[1/2]The logo of Workday is seen at the entrance of the company's temporary stand ahead of the World Economic Forum (WEF) in Davos, Switzerland January 18, 2025. REUTERS/Yves Herman Purchase Licensing Rights, opens new tab
CompaniesJune 22 (Reuters) - Workday (WDAY.O), opens new tab must face claims that its popular AI-powered human resources software weeded out job applicants at other companies in ways that violated California law and a federal ban on discrimination against workers with disabilities, a federal judge ruled on Monday.
U.S. District Judge Rita Lin in San Francisco rejected California-based Workday's claim that the state's anti-discrimination laws do not apply when it screens people based outside California who are applying for jobs in other states and countries.
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The proposed class action filed in 2023 is the first of its kind to broadly target the algorithmic decision-making underpinning AI screening software that has become very common among large employers, and could help shape how such litigation is conducted.
Lin first rejected Workday's attempts to dismiss the case in 2024, and on Monday mostly denied the company's bid to toss out recent amendments to the lawsuit. She said that because Workday allegedly participated in unlawful conduct from its California headquarters, it could be held liable for discrimination under state law.
The judge also refused to dismiss a claim that Workday's software can weed out job applicants based on "proxy indicators" of disabilities and illness, such as gaps in someone's employment history, in violation of the federal Americans with Disabilities Act.
Lin dismissed a claim that Workday's software discriminated against Asian American job applicants, saying the plaintiffs did not follow the proper procedure to add it to the lawsuit. The plaintiffs separately allege that Workday discriminated against Black job seekers, women and people older than 40.
Workday and lawyers for the plaintiffs did not immediately respond to requests for comment.
Numerous surveys have found that more than 80% of U.S. employers, and virtually all Fortune 500 companies, are utilizing AI tools such as those made by Workday in the hiring process. Government agencies and worker advocates have expressed concerns that AI tools can discriminate against job applicants when they are built using data that reflects existing biases.
But there has been little litigation so far over employers' use of the tools, which experts have said could be due to many job applicants not knowing when employers use AI software and the complexities of suing over cutting-edge technology.
Reporting by Daniel Wiessner in Albany, New York; Editing by Alexia Garamfalvi and Aurora Ellis
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Dan Wiessner (@danwiessner) reports on labor and employment and immigration law, including litigation and policy making. He can be reached at [email protected].
Celestica, Dell a Astera Labs těží z AI infrastruktury: všechny tři společnosti zvýšily výhled a překonaly odhady. Dell navíc vykázal tržby 43,84 miliardy USD a tržby z AI serverů 16,13 miliardy USD.
The Magnificent Seven stocks dominate AI headlines, but the most interesting institutional positioning is happening one rung down the supply chain. The companies actually building, wiring, and connecting the AI factories trade at a fraction of the attention, despite reporting revenue growth that puts the mega caps to shame.
Three names stand out in June: a contract manufacturer, an enterprise server giant and a connectivity silicon designer. All three have raised guidance, beaten estimates and quietly compounded while retail flow chased flashier tickers.
Here is the case for each.
Celestica (CLS) Celestica (NYSE:CLS | CLS Price Prediction) is a Toronto-headquartered, US-listed electronics manufacturing services firm that has quietly become a pure-play AI data center infrastructure name. The market cap sits near $44.58 billion, and the stock is up 222% over the past year and 36% year to date.
The Q1 FY26 report on April 27, 2026 delivered revenue of $4.05 billion, up 53% year over year, with adjusted EPS of $2.16 versus the $2.08 estimate, the fourth consecutive EPS beat. The Connectivity & Cloud Solutions segment grew 76% year over year to $3.24 billion. Management raised the 2026 outlook to $19.0 billion in revenue and $10.15 in adjusted EPS, with CEO Rob Mionis stating, “Our outlook for 2027 also continues to strengthen.”
The bull case is simple. Celestica won a co-packaged optics Ethernet switch program with a hyperscaler customer on 1.6T silicon, ramping in 2027. Sentiment scoring across news and social channels reads bullish at 65.29 with medium confidence.
The caveat: customer concentration is extreme. The top three customers represented 36%, 15%, and 12% of Q4 revenue. A single hyperscaler order cut would hit hard.
Dell Technologies (DELL) Dell Technologies (NYSE:DELL) is the under-the-radar AI play hiding in plain sight. Market cap sits near $132.85 billion, the stock trades around $408.84, and it carries a P/E of roughly 22 with a dividend yield near 1%. The shares are up 279% over the past year and 227% year to date.
The Q1 FY27 report on May 28, 2026 was a blowout. Revenue of $43.84 billion grew 88% year over year, beating the $35.77 billion estimate. Non-GAAP EPS of $4.86 crushed the $2.96 consensus. AI-optimized server revenue hit $16.13 billion, up 757% year over year, with $24.4 billion in AI orders booked in the quarter. Dell raised its FY27 outlook to $165 billion to $169 billion in revenue, AI server revenue near $60 billion, and non-GAAP EPS of $17.90 at the midpoint.
The thesis: Dell is the largest enterprise AI server vendor by scale, sitting on a $43 billion AI server backlog entering FY27 after booking $64 billion in FY26 AI orders. Management returned $2.1 billion to shareholders in Q1 on the back of a 20% dividend increase and a $10 billion buyback authorization. At a forward earnings multiple in the low 20s on triple-digit AI growth, the valuation looks restrained.
The risk: gross margin compressed to 18% from 21% as the mix shifted toward lower-margin AI servers. Dell is converting revenue at thinner profitability than legacy ISG.
Astera Labs (ALAB) Astera Labs (NASDAQ:ALAB) is the connectivity silicon designer most retail investors still cannot place. Market cap sits near $63.61 billion, with analyst coverage skewing constructive: seven Strong Buy ratings, 11 Buy ratings, eight Hold ratings and zero Sell ratings. The stock is up 334% over the past year.
The Q1 FY26 report on May 5, 2026 showed revenue of $308.36 million, up 93% year over year and 14% sequentially, with non-GAAP EPS of $0.61 versus the $0.54 estimate. That marks four consecutive EPS beats. GAAP gross margin expanded to 76%. Q2 guidance calls for $355 million to $365 million in revenue and $0.68 to $0.70 in EPS.
CEO Jitendra Mohan framed the runway: “We believe the opportunity ahead is significant, and we are investing to be a leader for rack-scale AI technologies in close partnership with our customers.” The newly launched Scorpio X-Series 320-lane Smart Fabric Switch targets a merchant scale-up market projected at $20 billion by 2030, with production ramping in the second half of 2026.
The caveat: Q2 gross margin guides to roughly 73% as new switch products ramp, and the stock trades at a forward earnings multiple of 132. Beta of 3.963 means any AI capex wobble gets amplified violently in the share price.
What to watch next The common thread across all three is hyperscaler CapEx. PineBridge estimates datacenter equipment growth is essentially locked in for the next four to five years at around 25% annually, constrained more by electrical infrastructure than demand. If that holds, Celestica, Dell, and Astera Labs are positioned where the capital actually lands. The next catalysts: Dell’s Q2 FY27 report, Celestica’s CPO program ramp commentary, and Astera Labs’ Scorpio X-Series production milestones in the second half of 2026.
Applied Materials vykázala rekordní tržby v segmentu Semiconductor Systems ve výši 5,97 mld. USD díky poptávce po AI čipech. Firma očekává, že tržby z advanced packaging v roce 2026 vzrostou o více než 50 %.
Key Takeaways Applied Materials posted record Semiconductor Systems revenues, driven by AI chip manufacturing demand.AMAT expects leading-edge logic, DRAM and advanced packaging to drive wafer equipment spending growth.Applied Materials sees advanced packaging revenue rising more than 50% in 2026. Applied Materials’ (AMAT - Free Report) Semiconductor Systems segment emerged as the company’s primary growth engine in the past several quarters, driven by the rapid expansion of artificial intelligence infrastructure and increasing demand for advanced semiconductor manufacturing technologies.
AMAT’s semiconductor systems segment delivered record revenues of $5.97 billion during the second quarter of fiscal 2026, representing 10% year-over-year growth and 16% sequential growth. Profitability also strengthened, with gross margin expanding to 54.7% from 53.5% a year earlier and operating margin improving to 35.1% from 32.8%.
Revenue composition further highlights the shift toward AI-driven semiconductor investment. Foundry, logic and other applications contributed 67% of segment revenues, DRAM accounted for 29%, and flash memory represented just 4%. The higher contribution from foundry-logic and DRAM is increasingly driving demand for leading-edge logic chips, high-bandwidth memory and advanced packaging technologies.
Management believes that leading-edge foundry-logic, DRAM and advanced packaging will account for more than 80% of the year-over-year growth in wafer fabrication equipment spending during 2026. The company also introduced two new products designed for next-generation gate-all-around manufacturing. Trillium ALD and Precision Selective Nitride PECVD for reducing parasitic capacitance and improving chip performance-per-watt.
In memory, Applied Materials continues to benefit from accelerating AI-driven DRAM investments and expects further gains from future transistor and device architecture transitions. Meanwhile, advanced packaging remains another major growth opportunity, with packaging revenues expected to increase more than 50% in 2026.
How Competitors Fare Against AMATASML Holding (ASML - Free Report) and Lam Research (LRCX - Free Report) are strong contenders in leading-edge logic chips, high-bandwidth memory and advanced packaging technologies.
ASML is experiencing strong demand from DRAM and logic customers, which are ramping leading-edge nodes using ASML’s NXE:3800E EUV systems. Additionally, ASML noted that multiple DRAM customers are adopting EUV lithography, which helps in shortening cycle time and lowering costs. However, AMAT offers a broad range of WFE products that do not compete directly with ASML and Lam Research, making it a stock worth holding.
Lam Research secured multiple critical etch wins at a major DRAM manufacturer with its new Akara etch system, which supports 3D DRAM architectures. This was supported by LRCX’s customer investments in DDR5, LPDDR5 and high-bandwidth memory. Additionally, Lam Research’s Aether dry-resist technology was recently selected as the production tool of record for a leading DRAM customer, securing a foothold in this high-growth segment.
AMAT’s Price Performance, Valuation and EstimatesShares of Applied Materials have surged 121.1% year to date compared with the Zacks Electronics - Semiconductors industry’s growth of 52.1%.
AMAT YTD Performance Chart
Image Source: Zacks Investment Research
From a valuation standpoint, Applied Materials trades at a forward price-to-sales ratio of 11.69X, higher than the industry’s average of 9.90X.
AMAT Forward 12-Month (P/S) Valuation Chart
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Applied Materials’ fiscal 2026 and 2027 earnings implies year-over-year growth of 28% and 32%, respectively. The estimates for fiscal 2026 and 2027 have been revised upward over the past 30 days.
Image Source: Zacks Investment Research
Applied Materials currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Akcie Applied Materials, ASML a Lam Research vystřelily na rekordy po býčím reportu Citi o sektoru polovodičových zařízení. Citi zároveň zvýšila cílové ceny pro Applied Materials, KLA a Lam Research.
Several leading semiconductor equipment firms saw their shares hit record highs on Wednesday after a bullish report on the sector from investment firm Citi. ASML (ASML) stock was among those in rarefied air.
Citi analyst Atif Malik increased his bull-case estimates for wafer fabrication equipment (WFE) sales for 2026 and the next two years. He also raised his price targets on buy-rated Applied Materials (AMAT), KLA (KLAC) and Lam Research (LRCX).
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Malik upped his price target on Applied Materials to 710 from 550. On the stock market today, Applied Materials surged 4.4% to close at 592.92. Earlier in the session, AMAT stock notched an all-time high of 623.35.
He raised his price target on KLA to 290 from 206.40. KLA stock rose 0.6% to 238.73 on Wednesday. It is trading below its record high of 267.17, reached on Monday.
Malik increased his price target on Lam stock to 450 from 315. On Wednesday, Lam stock climbed 1.3% to 374.18. In intraday trading, it reached an all-time high of 397.54.
ASML Stock Spikes To Record High Elsewhere among chip gear stocks, ASML jumped 3.5% to close at 1,867.83. Earlier in the day, it hit a record high of 1,938.49.
Semiconductor equipment stocks are benefiting from chipmakers buying new gear to increase capacity to produce logic, memory and other chips for the artificial intelligence boom.
Malik predicted bull-case WFE sales of $145 billion this year, $200 billion in 2027 and $250 billion in 2028.
"We are more constructive on 2028 WFE given continued capacity constraints and expansion at both TSMC and memory makers, as well as recent progress at Intel and Samsung foundries," he said in a client note.
Other chip gear stocks hitting record highs on Wednesday included ACM Research (ACMR), MKS (MKSI), Teradyne (TER) and Tokyo Electron (TOELY).
Follow Patrick Seitz on X at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.
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Applied Materials oznámila, že výnosy segmentu AGS ve 2. čtvrtletí fiskálního roku 2026 vzrostly na 1,665 mld. USD a marže se meziročně zlepšily. Firma u AGS očekává dlouhodobý růst v nižších desítkách procent ročně.
Key Takeaways Applied Materials' AGS revenues rose to $1.665B in fiscal Q2 2026 as margins improved year over year.AMAT expects AGS to deliver sustainable mid-teens annual growth driven by revenue per installed tool.Applied Materials says AIx now connects 35,000 chambers with AI-powered monitoring and diagnostics. Applied Materials’ (AMAT - Free Report) Applied Global Services (“AGS”) is becoming an increasingly important part of Applied Materials’ business because it turns the company’s large installed base into a recurring revenue engine. In the second quarter of fiscal 2026, AGS generated $1.665 billion of revenues, up from $1.42 billion a year earlier, while its gross margin improved to 34.7% and its operating margin rose to 29.2%.
The strategic value of AGS is that it adds resilience to Applied Materials' profit model. Unlike the more cyclical equipment business, services are tied to a growing installed base and to customer needs throughout the tool lifecycle. Management said AGS is another important growth driver because Applied Materials increases the revenue it generates “per tool” on top of a growing installed base.
AMAT expects the AGS segment to deliver a sustainable annual growth rate in the mid-teens, potentially higher this year. That makes AGS an important bridge between one-time equipment sales and long-duration customer relationships. What makes AGS especially relevant in the AI era is the company’s AI-enabled service layer. Applied Materials said that more than 35,000 chambers are connected to its AIx software capabilities, which use AI-powered monitoring, diagnostics and analytics.
This matters because Applied Materials’ broader AI and advanced-node strategy depends on execution, visibility and support after installation. Management noted that customers are giving the clearest and longest visibility it has ever seen, while demand remains strong across leading-edge logic and DRAM.
In that setting, AGS helps stabilize Applied Materials’ revenue base, deepen customer relationships and improve operating leverage as the company scales. The segment’s margin profile, recurring nature and AI-driven service enhancements make it a valuable part of Applied Materials’ long-term earnings power.
How Competitors Fare Against AMATSince AMAT serves its own installed base through the AGS business, there are no competitors in this segment. But in the broader product category, AMAT competes with Lam Research (LRCX - Free Report) and ASML Holding (ASML - Free Report) .
ASML is experiencing strong demand from DRAM and logic customers, which are ramping leading-edge nodes using ASML’s NXE:3800E EUV systems. Additionally, ASML noted that multiple DRAM customers are adopting EUV lithography, which helps in shortening cycle time and lowering costs. However, AMAT offers a broad range of WFE products that do not compete directly with ASML and LRCX, making the stock worth holding.
Lam Research secured multiple critical etch wins at a major DRAM manufacturer with its new Akara etch system, which supports 3D DRAM architectures. This was supported by LRCX’s customer investments in DDR5, LPDDR5 and high-bandwidth memory. Additionally, Lam Research’s Aether dry-resist technology was recently selected as the production tool of record for a leading DRAM customer, securing a foothold in this high-growth segment.
AMAT’s Price Performance, Valuation and EstimatesShares of Applied Materials have surged 140.1% year to date compared with the Zacks Electronics - Semiconductors industry’s growth of 57.3%.
AMAT YTD Performance Chart
Image Source: Zacks Investment Research
From a valuation standpoint, Applied Materials trades at a forward price-to-sales ratio of 12.68X, higher than the industry’s average of 10.3X.
AMAT Forward 12-Month (P/S) Valuation Chart
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Applied Materials’ fiscal 2026 and 2027 earnings implies year-over-year growth of 28% and 32%, respectively. Estimates for fiscal 2026 have been revised upward in the past 30 days.
Image Source: Zacks Investment Research
The estimates for fiscal 2026 and 2027 have been revised upward over the past 30 days.Applied Materials currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Elevance Health za pět let investovala 640 mil. USD do dostupného bydlení a podpořila 2 654 bytových jednotek v 10 státech. Celkem už do tohoto segmentu vložila více než 1 mld. USD.
Key Takeaways Elevance Health invested $640M in affordable housing over five years, supporting 2,654 units in 10 states.The strategy pairs housing with healthcare and support services for vulnerable Medicaid and Medicare members.Elevance says stable housing may improve outcomes, manage costs and support long-term growth. Elevance Health, Inc. (ELV - Free Report) recently announced that it has invested $640 million in affordable housing projects over the past five years, reinforcing its broader effort to address social factors that influence health outcomes. The investments supported the development of 2,654 affordable housing units across 15 properties in 10 states, including apartment homes, townhomes and single-family residences. The latest commitment brings ELV's total affordable housing investment to more than $1 billion over nearly two decades, ultimately supporting over 40,000 units across 45 states.
The initiative goes beyond building affordable housing. Elevance aims to pair housing with healthcare and community support services, particularly for vulnerable populations. The company believes that stable housing can improve health outcomes, increase access to care and help address social factors that often lead to poorer health. By helping high-risk Medicaid and Medicare members secure reliable housing, Elevance hopes to create healthier communities and improve member well-being.
The investment also aligns with Elevance's broader strategy of managing healthcare costs while improving member outcomes. For the first quarter of 2026, the company reported adjusted earnings per share of $12.58 and raised its full-year adjusted EPS guidance. As healthcare utilization remains elevated across government-sponsored programs, addressing the root causes of poor health could help moderate medical costs and support long-term margin stability.
The announcement signals a long-term value creation strategy rather than an immediate earnings catalyst. These community-focused investments could strengthen Elevance's relationships with state agencies and enhance its position when competing for government-sponsored healthcare contracts. Overall, the initiative reflects management's focus on sustainable growth and long-term shareholder value.
ELV’s Stock Price PerformanceShares of Elevance Health have gained 11.6% year to date compared to the industry’s 6.5% decline over the same period.
Image Source: Zacks Investment Research
ELV’s Zacks Rank & Key PicksElevance Health currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Medical space are Surgery Partners, Inc. (SGRY - Free Report) , BrightSpring Health Services, Inc. (BTSG - Free Report) and Alignment Healthcare, Inc. (ALHC - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Surgery Partners’ 2026 earnings is pegged at 36 cents per share, which has witnessed three upward revisions in the past 60 days, with no movement in the opposite direction. The consensus estimate for SGRY’s 2026 revenues is pinned at $3.41 billion, implying 3% year-over-year growth.
The Zacks Consensus Estimate for BrightSpring Health’s 2026 earnings is pegged at $1.67 per share, which has witnessed five upward revisions in the past 60 days, with no movement in the opposite direction. BTSG beat earnings estimates in three of the trailing four quarters and missed once, with the average surprise being 14.6%. The consensus estimate for 2026 revenues is pinned at $15.05 billion, implying 16.6% year-over-year growth.
The Zacks Consensus Estimate for Alignment Healthcare’s 2026 earnings is pegged at 20 cents per share, which has witnessed four upward revisions in the past 60 days, with no movement in the opposite direction. ALHC beat earnings estimates in each of the trailing four quarters, with the average surprise being 198.8%. The consensus estimate for 2026 revenues is pinned at $5.19 billion, implying 31.4% year-over-year growth.
TJX ve 1. fiskálním čtvrtletí překonala odhady na EPS i tržbách a zvýšila výhled pro fiskální rok 2027. Akcie jsou od posledních výsledků asi o 4 % výše.
It has been about a month since the last earnings report for TJX (TJX - Free Report) . Shares have added about 4% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is TJX due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.
TJX Q1 Earnings and Sales Beat Estimates, Fiscal 2027 Guidance RaisedThe TJX Companies posted first-quarter fiscal 2027 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Both metrics also increased from the year-ago quarter. The company raised its fiscal 2027 guidance.
The TJX Companies’ fiscal first-quarter earnings per share (EPS) were $1.19, up 29% from the year-ago quarter. The metric also beat the Zacks Consensus Estimate of $1.01 per share.
Net sales came in at $14,323 million, registering an increase of 9% year over year and surpassing the Zacks Consensus Estimate of $13,998 million.
In the Marmaxx (the United States) division, the company’s net sales were $8,650 million, up 7% year over year. Net sales amounted to $2,506 million, up 11% year over year, in the HomeGoods (the United States) division. TJX Canada’s net sales were $1,285 million, up 12% from the figure reported in the year-ago period. TJX International’s (Europe & Australia) net sales were $1,882 million, up 13% year over year.
The company witnessed a 6% jump in consolidated comparable store sales, supported by strong performance in every division. Comparable store sales rose 6% at Marmaxx (the United States), 9% at HomeGoods (the United States), 7% at TJX Canada and 4% at TJX International (Europe & Australia).
The TJX Companies’ pretax profit margin was 12%, up 1.7 percentage points from the year-ago quarter’s level. The increase is driven by expense leverage from stronger-than-planned sales, favorable fuel hedges and better-than-anticipated merchandise margins.
The gross profit margin was 31.3%, up 1.8 percentage points year over year, mainly driven by higher merchandise margins, favorable inventory and fuel hedge impacts, and expense leverage from stronger sales performance.
The company’s selling, general and administrative costs, as a percent of sales, were 19.5%, a 0.1 percentage point increase.
TJX’s Financial Health SnapshotDuring the first-quarter fiscal 2027, the company increased its total store count by 48, reaching 5,262.
The TJX Companies ended the quarter with cash and cash equivalents of $5,580 million, long-term debt of $1,871 million and shareholders’ equity of $10,403 million. It generated an operating cash flow of $1,119 million in the first quarter of fiscal 2027.
In the fiscal first quarter, the company returned $1.1 billion to shareholders, including $604 million used to repurchase 3.8 million shares and $471 million paid in shareholder dividends. The company also increased its fiscal 2027 share repurchase plan to be between $2.75 billion and $3 billion.
What to Expect From TJX Moving Forward?For fiscal 2027, The TJX Companies now expects consolidated comparable store sales growth of 3% to 4%, up from the previously estimated 2% to 3% rise. The company also raised its pretax profit margin outlook to 11.9% to 12% compared with the prior range of 11.7% to 11.8%, and now anticipates earnings per share of $5.08 to $5.15, above the earlier forecast of $4.93 to $5.02.
For the second quarter of fiscal 2027, management expects consolidated comparable store sales to grow 2% to 3%. The company projects a pretax profit margin between 11.4% and 11.5%. The quarterly EPS is expected in the range of $1.15 to $1.17.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month.
VGM ScoresAt this time, TJX has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. However, the stock was allocated a score of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, TJX has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
TJX má silný provoz, ale akcie po 34% růstu za rok se obchodují asi za 32násobek letošních zisků. Tržby ve stejných prodejnách v 1. čtvrtletí vzrostly o 6 % a hrubá marže se zvedla na 31,3 %.
The TJX Companies (TJX +0.47%) has earned its reputation for providing value to both its customers and its long-term shareholders. Yet with shares up 34% over the past year and the stock now trading at roughly 32 times this year's earnings estimates, the value proposition for investors may be fading.
Operationally, the business remains strong. In the first quarter, same-store (comp) sales rose 6%, driven by higher customer traffic and spending per visit. The balanced growth across TJ Maxx, Marshalls, and HomeGoods, which posted an impressive 9% comp, shows the company continues to attract a broad range of customers.
The company's "treasure hunt" shopping experience has proven a durable advantage that resonates with younger shoppers. These Gen Z and millennial shoppers now account for a disproportionate number of its new customers, according to management.
TJX's margins are also expanding at a time when many retailers are facing pressure, with gross margin expanding by nearly 2 percentage points, reaching 31.3% in the quarter.
Image source: Getty Images
An opportunistic buying model The retailer's track record stems from its ability to capitalize on shifting fashion trends. While most companies struggle with excess inventory, the off-price retailer takes advantage, acquiring merchandise at deep discounts during times of distress.
The company leverages its relationships with over 21,000 vendors, giving it unmatched access to deals on brand-name goods. This allows TJX to sell brand-name and designer merchandise at prices typically 20% to 60% below those of traditional retailers. This value proposition continues to drive consistent traffic to its stores.
With over 5,200 stores globally, extending the growth story requires creativity. Management has outlined a pathway to an additional 1,800 stores within its current markets.
A significant portion of this growth is focused on the U.S. home furnishings market, which management estimates is worth over $30 billion. The company recently raised its long-term store target for HomeGoods in the U.S. from 1,000 to 1,800 locations.
This banner, along with its growing Homesense format, offers a source of profitable growth to complement its maturing apparel business while facing limited off-price competition.
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A high price for quality While the domestic growth story is compelling, international stores continue to report below-average profitability. TJX International's segment profit margin was just 4.6% in the first quarter, compared with the low-to-mid-teens for the rest of the business.
The company generated nearly $5 billion in free cash flow last year and maintains a strong balance sheet with $2.7 billion in net cash. This financial flexibility allows management to be patient, enabling it to invest in its next leg of growth, which could include entering a new category to expand its total addressable market.
After its strong run, the company needs to deliver on continued growth and margin expansion to drive returns from here. TJX remains one of the best-run companies in retail, and the off-price category remains a compelling space to invest, but at over 30 times earnings, patience may be the best approach.
TJX International v 1. čtvrtletí fiskálního roku 2027 zvýšila srovnatelné tržby o 4 % díky Evropě a Austrálii. Firma otevřela první obchod ve Španělsku a plánuje další expanzi.
Key Takeaways TJX International posted a 4% comp sales gain, led by strong trends in Europe and Australia.TJX opened its first store in Spain and plans more locations after encouraging initial customer response.TJX sees room for 1,700 more stores and is exploring joint ventures and strategic investments. The TJX Companies, Inc. (TJX - Free Report) appears to be strengthening its position to capture additional share in overseas markets, aided by steady momentum across Europe and Australia. In the first quarter of fiscal 2027, TJX International posted a 4% comparable sales increase, while management highlighted strong trends in Europe and particularly robust demand in Australia.
A notable development was the opening of the company’s first store in Spain. Management described the initial customer response as highly encouraging and indicated plans to add more locations in the country this year. The expansion suggests confidence that the off-price retail model can resonate with consumers beyond TJX’s existing markets.
The company also sees opportunities through partnerships. Its joint venture with Grupo Axo in Mexico is progressing well, combining TJX’s merchandising expertise with local operating capabilities. Though still in the early stages, management expressed optimism about the long-term potential of the Mexican market. Similarly, TJX remains constructive on its investment in Brands For Less in the Middle East despite geopolitical challenges.
Importantly, management emphasized that the company now operates in 10 countries and believes there is room for more than 1,700 additional stores within its existing markets. TJX is exploring adjacent countries and multiple expansion avenues, including joint ventures and strategic investments.
These initiatives suggest TJX is leveraging both organic expansion and partnerships to deepen its international footprint and pursue greater market share overseas.
TJX and Its Peers Seek Growth Through Store ExpansionRoss Stores (ROST - Free Report) remains focused on domestic expansion. With the Northeast emerging as a key growth area, Ross Stores continues to broaden its footprint across new and existing U.S. regions. Ross Stores plans to open about 110 new stores this year and sees opportunities to further penetrate underpenetrated markets, underscoring its emphasis on capturing additional market share within the United States.
Burlington Stores, Inc. (BURL - Free Report) remains focused on strengthening its domestic footprint. Supported by strong productivity initiatives, Burlington Stores continues to add new locations and expects 115 net new stores in 2026. Burlington Stores also sees a robust pipeline for 2027 and 2028, underscoring its emphasis on capturing additional market share across the United States.
TJX’s Price Performance, Valuation and EstimatesShares of The TJX Companies have gained 3.5% in the past month against the industry’s decline of 2.4%.
Image Source: Zacks Investment Research
From a valuation standpoint, TJX trades at a forward price-to-earnings ratio of 30.54X, down from the industry’s average of 31.26X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for TJX’s current and next fiscal-year earnings per share implies a year-over-year rise of 9.3% and 9.7%, respectively.
Image Source: Zacks Investment Research
TJX currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Vale VALE board members have voted against Previ's proposal to remove Daniel André Stieler as chairman, setting up a possible governance battle at the world's top iron ore producer. The decision could influence proxy advisory firms and institutional investors ahead of Vale's extraordinary shareholder meeting on July 22.
Previ, which owns 7% of Vale, is pushing to remove Stieler before his mandate expires in April 2027. The pension fund is backing independent director Manuel Lino Oliveira as chairman, while also appointing former Previ CEO José Mauricio Pereira Coelho to take a vacant board seat.
Vale's board majority is preparing its own slate, with current vice chairman Marcelo Gasparino expected to compete as an alternative chairman candidate and former BP BP executive Ieda Gomes Yell set to run for the vacant seat, according to people familiar with the matter. The vote could become a key test of Vale's governance direction, with major shareholders including Mitsui, BlackRock and Capital World Investors watching the contest.
ZIM za 1. čtvrtletí vykázala ztrátu 72 centů na akcii a tržby 1,39 miliardy USD, což bylo pod odhady. Firma zároveň nevyplatí dividendu za toto čtvrtletí.
It has been about a month since the last earnings report for ZIM Integrated Shipping Services (ZIM - Free Report) . Shares have lost about 3.2% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is ZIM due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for ZIM Integrated Shipping Services Ltd. before we dive into how investors and analysts have reacted as of late.
ZIM Misses on Q1 EarningsZIM Integrated Shipping Services Ltd. reported first-quarter 2026 loss per share of 72 cents, which was wider than the Zacks Consensus Estimate loss of 22 cents. In the year-ago reported quarter, ZIM reported earnings per share of $2.45.
Revenues of $1.39 billion missed the Zacks Consensus Estimate of $1.59 billion and declined 30.4% from the year-ago quarter. This was due to the decrease in freight rates and carried volume.
Carried volume in the first quarter decreased 8% year over year to 866 thousand TEUs (twenty-foot equivalent units). Average freight rate per TEU in the first quarter decreased 26% year over year to $1,310.
Adjusted EBITDA for the first quarter was $313 million, down 60% on a year-over-year basis. Adjusted EBITDA margins for the first quarter of 2026 fell to 22% from 39% in the year-ago quarter.
Adjusted EBIT loss for the first quarter was $5 million compared with adjusted EBIT of $463 million in the first quarter of 2025. Adjusted EBIT margins in the first quarter of 2026 fell to 0% from 23% in the year-ago quarter.
LiquidityZIM exited the first quarter with cash and cash equivalents of $921.6 million compared with $1.05 billion at the end of the previous quarter.
ZIM generated $263 million of cash from operating activities in the first quarter of 2026. Net capital expenditures totaled $28 million for the reported quarter. Free cash flow was $235 million.
ZIM’s First-Quarter 2026 DividendBased on its dividend policy and in light of the net loss recorded in the first quarter of 2026, ZIM’s board of directors has declared not to pay any dividend to shareholders on account of its first-quarter results.
Deal With Hapag-LloydOn Feb. 16, 2026, ZIM announced that it had inked a deal with Hapag-Lloyd, per which ZIM would be purchased by Hapag-Lloyd for $35.00 per share in cash. The deal was unanimously approved by ZIM's board of directors and approved by shareholders at a special meeting held on April 30, 2026. Subject to satisfaction of customary closing conditions, including approvals by various regulatory authorities, among them the State of Israel, pursuant to the requirements of the Special State Share (the "Golden Share"), the deal is anticipated to be completed in the fourth quarter of 2026.
How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.
VGM ScoresAt this time, ZIM has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Charting a somewhat similar path, the stock has a score of A on the value side, putting it in the top 20% for value investors.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook ZIM has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Micron, Western Digital a SanDisk rostou před výsledky Micronu, protože trh s pamětí dál sílí. Needham zvýšil cílovou cenu Micronu na 1 550 USD z 500 USD a ponechal doporučení koupit.
Micron Technology (NASDAQ:MU | MU Price Prediction) stock is up about 6% in Monday morning trading to around $1,199, leading a broad memory and storage rally into the company’s Wednesday earnings report. Western Digital (NASDAQ:WDC) stock is also up by about 6% to around $788, while SanDisk (NASDAQ:SNDK) stock is up 5% to around $2,294.
The group is resisting worries about renewed U.S.-Iran tensions, including fresh strike threats and concerns over the Strait of Hormuz.
That memory and storage are catching a bid despite the geopolitical backdrop underscores how much conviction has built around the so-called memory supercycle. The memory/storage complex hit record highs last Thursday, with Friday, June 19, closed for Juneteenth.
Needham’s $1,550 Micron Target Lights the Fuse The freshest catalyst is a major Wall Street endorsement. Needham raised its price target on Micron stock to $1,550, up from $500, and maintained a Buy rating ahead of Wednesday’s report.
The firm argued that the memory market has continued to strengthen over the past 90 days, with fundamentals “stronger for longer” thanks to robust demand, a firm pricing environment, and limited capacity additions. Needham also believes long-term agreements being signed across the industry are giving suppliers, including Micron, better demand visibility that extends over multiple years.
Micron stock has been a freight train into the earnings report. The shares are up 298% year to date (YTD) through June 18, with last quarter’s results showing revenue of $23.86 billion and a guide for fiscal Q3 2026 revenue of $33.5 billion plus or minus $750 million.
Storage Peers Get Their Own Upgrades The bullish analyst drumbeat isn’t isolated to Micron. JPMorgan raised its Western Digital price target to $650 from $530 (Overweight) on June 12, citing a more positive pricing view and accelerating year-over-year price increases for HDD makers. Wells Fargo raised its Western Digital stock price target to $575 from $500 (Overweight) on June 1.
Micron stock also received price target upgrades last week from Wedbush, Rosenblatt, and Stifel. Adding to the demand-side narrative, Apple (NASDAQ:AAPL) CEO Tim Cook’s recent comments that memory and storage cost increases are making Apple price hikes “unavoidable” helped fuel the sector’s bullish momentum last week.
SanDisk stock, the NAND-focused spinoff, has ridden the same wave. Last quarter, SanDisk reported revenue of $5.95 billion with gross margin of 78%, validating the AI-storage thesis.
Bubble or Supercycle? The Debate Heats Up Not everyone is convinced that the move can continue without a pause. Technical readings are flashing yellow across the group, with RSI readings of 66.4 for Micron, 70.9 for SanDisk, 74 for Seagate, and 78 for Western Digital, with 70-plus generally considered overbought.
The crowd is also split. Retail sentiment on StockTwits has been bearish for SanDisk and Micron even amid the rally, even as the Polymarket contract for Micron’s Wednesday report is pricing in a 97% probability of a non-GAAP EPS beat above the $19.66 consensus. The analyst consensus target on Micron stock sits at $945.6, well below the current price, reflecting how far the tape has run ahead of Street models.
What to Watch The next pivot is Wednesday, June 24, after the close, when Micron reports its fiscal Q3 2026 results. Investors can watch for whether management’s guidance validates the “stronger for longer” thesis or gives the overbought tape a reason to cool.
Until then, the memory complex looks willing to ignore the macro noise. Keep an eye on whether Micron stock can hold above the $1,200 level, and whether Western Digital stock and SanDisk stock track it tick for tick.
Best Buy vyplatí čtvrtletní dividendu 0,96 USD na akcii, tedy 3,84 USD ročně, což při ceně 73,10 USD znamená výnos kolem 5 %. Dividenda je podle článku krytá ziskem i volným peněžním tokem.
Consumer electronics giant Best Buy (NYSE: BBY | BBY Price Prediction) just declared a $0.96 quarterly payout, pushing the annualized dividend to $3.84 per share. At a recent price of $73.10, that is a yield of roughly 5.0%, well north of the 4.43% 10-year Treasury. With Kevin Warsh signaling a more hawkish Fed posture and retiree portfolios bracing for volatility, the question I want to answer is simple: how safe is this dividend?
Dividend Snapshot Metric Value Annual Dividend $3.84 per share Dividend Yield ~5.0% Most Recent Increase 1% (March 2026) Years Paid Without Cut 20+ years Dividend Aristocrat/King No Payout Ratios Leave Real Breathing Room Best Buy generated $1.258 billion in free cash flow on $1.962 billion of operating cash flow in FY26, against roughly $820 million in dividends paid. FY26 adjusted EPS of $6.43 easily covers the $3.84 payout.
Metric TTM Assessment Earnings Payout Ratio ~60% Healthy FCF Payout Ratio ~65% Healthy OCF Coverage ~2.4x Strong FY27 guidance of $6.30 to $6.60 in adjusted EPS keeps that earnings payout ratio firmly under 65% even at the low end.
The Balance Sheet Backs the Check Metric Value Assessment Cash on Hand $1.749B Solid Buffer Shareholders’ Equity $3.083B Stable EV/EBITDA 8x Conservative Cash alone covers more than two years of dividends. With EBITDA of $2.618 billion, leverage is manageable, and management is still funding ~$300 million in FY27 buybacks on top of the dividend.
A Streak That Survived COVID Year Annual Dividend 2026 $3.84 2025 $3.80 2024 $3.76 2023 $3.68 2022 $3.52 Best Buy never cut during the pandemic and the five-year dividend CAGR runs around 6.5%. The most recent 1% bump is modest, signaling caution but not stress.
Management Is Funding the Dividend Through a CEO Handoff CEO Corie Barry, who hands the reins to Jason Bonfig on November 1, 2026, said on the Q1 FY27 call: “We also drove operating income rate expansion and EPS growth.” The board approved the raise alongside the buyback plan, which tells me capital return remains a priority through the transition.
The Verdict: Safe Dividend Safety Rating: Safe. A ~60% earnings payout, ~65% FCF payout, $1.7 billion in cash, and an unbroken 20-year payment record give me confidence. The dividend looks well-supported for income-focused investors who expect computing and gaming refresh cycles to keep comparable sales positive. The risk profile worsens if consumer sentiment (49.8) keeps sliding and appliance weakness deepens. For now, the 5% yield looks well earned.
Jefferies vidí Best Buy pod novým CEO Jasonem Bonfigem v nové růstové fázi díky obnovovacím cyklům, inovacím produktů a silnějším kategoriím. Jako tahouny zmiňuje RGB TV, retail media a růst marketplace.
Best Buy Co Inc (NYSE:BBY) is positioned for a new phase of growth under incoming CEO Jason Bonfig, according to Jefferies analysts, who said that recent discussions with the executive left them increasingly confident in the company’s outlook amid shifting dynamics in consumer electronics.
Jefferies sees a supportive backdrop for the retailer as replacement cycles, product innovation and category complexity converge, creating what it describes as an opportunity for higher industry growth and above-average expansion for Best Buy.
The firm highlighted potential upside drivers, including retail media, third-party marketplace growth, TV replacement demand, and share gains in appliances.
Jefferies pointed to Bonfig’s long-standing relationships with key vendors as a strategic advantage, particularly in the context of ongoing supply chain constraints such as memory chip shortages.
The analysts also highlighted his role in securing Best Buy’s early exclusivity around RGB televisions, citing it as evidence of his ability to commercialize emerging technology trends.
According to Jefferies, the launch of RGB TVs is expected imminently, with employee training completed and a broad marketing campaign set to begin later this month. The rollout will include bundled services such as delivery, installation and haul-away, which the firm said reflects a deliberate effort to target consumers who may not yet have an urgent replacement need.
On Best Buy’s advertising business, Jefferies said recent technology investments could enable more flexible and scalable campaign formats, including multiple simultaneous store “takeover” campaigns across different geographies and customer segments. The firm described this as a potential acceleration point for what is already a high-margin revenue stream.
Jefferies also compared Best Buy’s positioning in the current AI cycle to the early days of Wi-Fi adoption, arguing that new technology waves tend to benefit the retailer as consumers rely on in-store expertise to navigate complex product shifts.
In appliances, the note highlighted a strategy focused on delivery speed and fulfillment optimization, including expanded rural inventory positioning and later cutoffs for next-day delivery in urban markets. Jefferies wrote that these changes could help capture incremental demand from time-sensitive purchases.
The firm added that Best Buy’s third-party marketplace expansion is expected to scale faster in the US than it did in Canada, where Bonfig previously led similar efforts.
Jefferies concluded that Best Buy is well positioned in an “agentic commerce” environment, where automated shopping tools may increase price transparency but also surface fulfillment and service advantages such as rapid delivery and installation—areas where the retailer maintains structural strengths.
Best Buy shares traded hands at about $74 on Tuesday, up almost 11% in the year to date.
The Warner Bros. Water Tower is pictured at Warner Bros. Studios in Burbank, California, U.S. February 27, 2026. REUTERS/Daniel Cole/File Photo Purchase Licensing Rights, opens new tab
CompaniesLOS ANGELES, June 17 (Reuters) - Chinese regulators have cleared the $110 billion merger between Paramount Skydance and Warner Bros Discovery, according to a source familiar with the decision.
The antitrust ruling comes on the heels of similar approvals from the U.S. Department of Justice, and a number of other countries, including Australia, Germany, France and Saudi Arabia. China, where both Paramount and Warner Bros Discovery release films, also needed to sign off on the deal.
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The European Union has yet to weigh in on the combination.
China has been a diminishing source of revenue for Hollywood, as its domestic movie industry matures. Some films, like Warner Bros's 2023 film "Meg 2: The Trench," grossed $53.3 million in China during its opening weekend. However, Paramount's 2022 blockbuster "Top Gun: Maverick," was never released - a casualty of heightened tensions between the U.S. and China.
News of the approval was first reported by Semafor.
Editing by Franklin Paul, Sanjeev Miglani and Christian Schmollinger
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Tři demokratičtí senátoři vyzvali FCC, aby pozastavil fúzi Paramountu a Warner Bros. Discovery kvůli obavám z cizích investorů. Varují před možnými bezpečnostními riziky spojenými s podílem kolem 49,5 %.
Three Democratic senators have urged the Federal Communications Commission (FCC) to put the Paramount-Warner Bros. Discovery merger on pause over concerns about foreign investors controlling what would be one of the largest media companies in the United States.
In a joint letter to FCC Chairman Brendan Carr, senators Cory Booker, D- N.J.; Adam Schiff, D-Calif.; and Elizabeth Warren, D-Mass., demanded he “must foreclose any attempt by Paramount to close this transaction” before an adequate review of the involved foreign investors is completed.
The lawmakers said the FCC must conduct this review to evaluate possible “national security threats posed by foreign government investment” in the $110 billion entity. If approved, the merger would bring CNN and CBS News under one corporate owner, further consolidating the news media landscape.
Paramount, led by CEO David Ellison, acknowledged in an April financial disclosure cited by the senators that foreign ownership in the new corporation will rise to “approximately 49.5 percent.” In that document, Paramount also said that all voting rights will be “controlled by the Ellison family through U.S. entities.”
Federal Communications Commission (FCC) Chair Brendan Carr speaks during the U.S. Chamber of Commerce 2025 Global Aerospace Summit in Washington, D.C., U.S., September 9, 2025. REUTERS The document revealed that Saudi Arabia’s public investment fund and various entities based in the United Arab Emirates and Qatar would be equity holders.
Paramount told the FCC in April that this arrangement would not present “any national security, law enforcement, or foreign or trade policy concerns.”
The senators want a more rigorous check of what this level of foreign ownership would mean, telling Carr in their letter that he should not take the Ellison family’s statements “at face value.”
The Paramount water tower is shown on the Paramount studio lot in Hollywood, Los Angeles, California, U.S., January 13, 2026. REUTERS They argued that the FCC should reject Paramount’s petition for preemptive approval. Under Section 310 of the 1934 Communications Act, foreign individuals, companies and governments are generally prohibited from owning more than 25% of a U.S.-based firm that has an FCC-issued broadcast license.
Booker, Schiff and Warren gave Carr a July 1 deadline to notify Paramount that the deal cannot close until the foreign investment review is completed.
The FCC’s pending approval is the largest regulatory hurdle in the way of the merger. The Department of Justice signaled last week it would not challenge Paramount’s bid to acquire Warner Bros.
Senator Elizabeth Warren (D-MA) speaks at a press conference with Senate Minority Leader Chuck Schumer (D-NY) and Senator Patty Murray (D-WA) on Democrat’s plan to lower the cost of childcare, at the U.S. Capitol in Washington, DC on June 17, 2026. Nathan Posner/Shutterstock The DOJ’s antitrust division concluded after an eight-month review that “the transaction is not likely to result in harm to competition or American consumers” with regard to on-demand streaming, linear television and studio development and the production and distribution of films.
Warren criticized this decision by the DOJ and urged state attorneys general to continue fighting the transaction. California Attorney General Rob Bonta was already leading a coalition of states in preparing a lawsuit to block Paramount from adding Warner Bros. to its growing portfolio.
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More than 5,000 filmmakers and actors working in Hollywood signed an open letter in April furiously demanding that the merger be stopped. They argued that it would stifle competition and reduce job opportunities.
“Our industry is already under severe strain, in large part due to prior waves of consolidation. We have witnessed a steep decline in the number of films produced and released,” according to the petition. “We are deeply concerned by indications of support for this merger that prioritize the interests of a small group of powerful stakeholders over the broader public good.”
NetApp oznámil rekordní tržby z all-flash úložišť ve fiskálním roce 2026 ve výši 4,2 mld. USD, meziročně o 11 % více. Firma očekává ve fiskálním roce 2027 vyšší aktivitu v podnikovém AI a tržby 7,325–7,575 mld. USD.
Key Takeaways NetApp delivered record fiscal 2026 all-flash revenues of $4.2B, up 11% year over year.NTAP recorded about 500 AI and data prep wins in Q4, exceeding 1,100 for fiscal 2026.NetApp expects higher enterprise AI activity in fiscal 2027 and guided revenues of $7.325B-$7.575B. NetApp, Inc. (NTAP - Free Report) is benefiting from the growing adoption of all-flash storage as enterprises modernize their infrastructure and expand AI deployments. The company delivered record all-flash performance for fiscal 2026, with all-flash revenue reaching $4.2 billion, an increase of 11% year over year. Fourth-quarter all-flash revenue was $1.2 billion, up 18% from the prior-year quarter, reflecting strong customer demand for high-performance storage solutions.
Management attributed this momentum to broad adoption across public cloud, all-flash and Keystone offerings as customers continue to modernize infrastructure and scale AI workloads.
AI adoption has emerged as a major driver of all-flash demand. NetApp stated that enterprises are investing in high-performance flash, capacity flash and block storage environments to ensure GPUs remain fully utilized by providing continuous access to large volumes of data. The company noted that approximately 500 AI and data preparation wins were recorded in the fourth quarter alone, bringing the fiscal 2026 total to more than 1,100. Management added that all elements of its flash portfolio performed strongly in enterprise AI deployments, while hybrid flash also gained traction in less demanding AI environments.
NetApp is strengthening its all-flash portfolio through new AI-focused innovations. In fiscal 2026, it introduced AFX and the AI Data Engine, both of which management said are seeing encouraging early customer and partner momentum. The company also enhanced the performance and capabilities of its all-flash arrays and expanded its converged AI solutions to simplify AI infrastructure, eliminate data silos and accelerate data pipelines. Early AFX deployments have secured wins in Neo cloud, financial services, hedge funds and life sciences, while AI Data Engine is helping customers organize large volumes of unstructured data for AI projects.
The company believes cyber resilience is another differentiator for its all-flash offerings. A European aerospace customer selected NetApp’s all-flash arrays in a competitive greenfield deployment, citing their high performance, ransomware protection, cyber resilience capabilities and seamless partner ecosystem integration. NetApp expects enterprise AI activity in fiscal 2027 to be higher compared with fiscal 2026 and has guided revenue in the range of $7.325 billion to $7.575 billion.
Taking a Look at NTAP’s CompetitorsSeagate Technology Holdings plc (STX - Free Report) is well poised to gain from AI-led storage demand, a robust technology roadmap anchored in Mozaic and HAMR and disciplined execution focused on converting demand into profitable growth and long-term value creation. Cloud drives most data center revenue, with Mozaic shipments reaching 75% of top cloud customers, and full qualification expected in the ongoing quarter. It expects stronger FCF throughout 2026, driven by steady demand, efficiency gains and disciplined spending. Management raised its long-term outlook, now expecting at least 20% annual revenue growth over the next few years, driven by strong cloud demand and continued hyperscaler investments in AI infrastructure, with the March quarter marking the 10th straight quarter of cloud-led revenue growth. Fiscal 2026 capex is expected to stay within 4-6% of sales.
Western Digital Corporation (WDC - Free Report) is gaining from strength across end markets, riding on AI-led storage needs and multi-year agreements extending through 2028-29. Cloud end market derives a lion’s share of its sales, fueled by strong demand for high-capacity nearline drives and favorable pricing. Higher-capacity drives and solid UltraSMR uptake that improved customer TCO are aiding margins, while strong operating leverage, lower interest costs and tax efficiency are fueling EPS growth. The company is advancing areal density and boosting performance with high-bandwidth drives. It strengthened the balance sheet by selling 5.8 million SanDisk shares, cutting debt by $3.1 billion, leaving $1.6 billion in convertible debt and ending with a $450 million net cash position. Western Digital expects fiscal fourth-quarter revenue of $3.65B, up 40% year over year at the midpoint.
NTAP Price Performance, Valuation & EstimatesShares of NetApp have gained 34.2% in the past month against the Computer- Storage Devices industry’s growth of 54%.
Image Source: Zacks Investment Research
Regarding the price/book ratio, NTAP is trading at 23.16, lower than the sector’s multiple of 23.56.
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The Zacks Consensus Estimate for NTAP’s earnings for fiscal 2027 has been revised upwards over the past 60 days.
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NTAP currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Carvana rozšiřuje prodej nových aut na online model: showroomy Stellantis má používat hlavně jako servisní a testovací centra. V Dallasu si zákazníci vybírají a kupují vůz přes internet, ne u prodejce.
DALLAS — Carvana is aiming to bring its online strategy for selling used vehicles to sales of new cars and trucks.
But don't expect the company to actually sell you a vehicle at one of its seven Stellantis franchised dealerships.
Instead, the online vehicle retailer said it intends to use such dealerships as service locations, test-drive centers and potentially "playgrounds" for consumers to decide what vehicle they would like to buy through Carvana's online platforms, marking a stark contrast from how traditional franchised dealers handle new products.
"Every single car that we sell, whether it's used or new, is online," Tom Taira, Carvana president of special projects who's leading the new vehicle operations, told CNBC during an interview at its franchise in Texas. "That's a very inherent difference. Even coming into the store, you're buying it online, and that's a big difference in how people think about it."
Shares of Carvana fell 10% during trading Wednesday, which coincided with CarMax, the company's largest rival, beating Wall Street's quarterly expectations but reporting margin pressure and declining gross profit per retail used vehicle.
Through its used vehicle sales, Carvana has become the most valuable auto retailer in the U.S. with a more than $70 billion market cap. Carvana's target with the new vehicle business is to grow its market share and customer base as well as assist used vehicle sales through trade-ins and other means, according to Taira.
If the company is successful, the strategy could cause a ripple effect across the U.S. franchised dealership model, which the National Automobile Dealers Association says includes 16,990 retailers that topped $1.3 trillion in sales last year.
This week marks the first time Carvana has publicly talked about its plans for new vehicles since it purchased its first Chrysler-Dodge-Jeep-Ram franchised store for Stellantis early last year in Arizona. Its network has since grown to other Carvana-popular markets in Sacramento and San Diego, California; Dallas; Atlanta; Cleveland; and Boston.
"When we got into new cars, we said the only way we're going to make this happen is to ensure that it goes the Carvana way. That we actually sell cars exactly the same way that we do to used car customers," Taira said during a media event at its Dallas location. "Why break something that already works?"
Carvana spent roughly $171 million on its acquisitions of new Stellantis vehicle franchised dealerships, excluding its most recent purchase of a retailer in Ohio, according to public filings. The company declined to disclose any further investments in the stores to implement its strategy.
Taira and the company also declined to disclose Carvana's new vehicle sales so far or its future expansion plans for additional brands or other Stellantis dealerships. CNBC previously confirmed that the company has quickly grown its new vehicle sales, including a location in Arizona becoming the top-selling dealer in the country for Stellantis.
"We believe that this was worth it to us, as long as we could go out and increase share and increase the pie," Taira said. He declined to comment on whether the new vehicle business is profitable.
To be able to integrate its new vehicle sales into its current website, as first reported by CNBC, Carvana was approved as a certified website provider for Stellantis instead of utilizing mandated third-party companies. Several franchised dealers said they believed that was a unique benefit for Carvana.
Stellantis, in an statement to CNBC, said Carvana operates as a "corporate owner" of its brands, similarly to other large publicly traded companies such as Lithia and AutoNation.
"We apply the same consistent standards and criteria to all dealer partners, and any organization that meets our qualifications is eligible to operate as a franchisee," the automaker said, adding that Stellantis "certifies tools and services that will enhance our program and be beneficial to our network. All certified providers must complete a rigorous onboarding process and meet program standards and requirement."
Test-drives, vehicle 'playground'Carvana is using a location in Dallas as a test center for its foray into new vehicle sales. The facility looks like a traditional Stellantis dealership from the outside, but the consumer process for purchasing a vehicle and the responsibilities of its employees are unprecedented.
Couches and chairs replace cubicles and sales offices. There are no finance and insurance departments, and instead of an army of commission-based employees, the facility has associates that are paid hourly to assist customers — if they want the help.
The experience is meant to be as self-guided as a customer wants. By scanning QR codes located on 10-foot-by-10-foot screens inside the building or on vehicles and displays outside, shoppers can customize a vehicle, learn about a product's features and conduct test-drives before deciding whether to purchase anything. If they do decide to buy something, it's online and not originated from a sales person, the company said.
The playground has roughly 50 vehicles divided by brand, with each having a theme. Jeep has an off-road display. Dodge has race tracks, including a Carvana-themed Charger pace car and part of a traditional track fence barrier. Chrysler minivans, meanwhile, have a soccer net and Ram's area is truck-centric.
Carvana is not committing to expanding the exact experience to its other franchised dealer locations, but Taira told CNBC that the overall process of online sales, vehicle testing and service are expected to be consistent throughout the locations.
"I think the business case and the case for additional stores comes out through this location first," he told CNBC, adding that it built out the store in weeks. "Is it important for us to launch a second? No, I think what's important is that we get this right. … There's no giant plan to build test-drive centers everywhere."
Vehicle inventory constraintsOnce a customer decides to test-drive or even purchases a vehicle from the location, that's where the process can get more complex, depending on what model a consumer wants.
Taira said the company chose to purchase Stellantis dealerships for the automaker's breadth of brands as well as its variety of products, which can be a double-edged sword when it comes to consumers actually finding the exact vehicle they want to test-drive or purchase.
Unlike a traditional dealership that stockpiles vehicles for customers to test-drive before purchasing, at the Texas facility, Carvana has roughly 50 display cars on its playground, with twin vehicles for test-drives. It had roughly 3,000 new vehicles for sale nationwide compared with more than 60,000 used models as of Wednesday morning, according to its website.
This means that a customer may not be able to test-drive the exact vehicle or even model they're purchasing, but the online process tries to match the best test-drive vehicle possible with what they want. It also describes what's the same and what's different.
Carvana's stock over five years.
Looking at the Texas location's system for vehicles such as an $87,000 Ram 1500 RHO performance model, the closest thing on-site for a test-drive was a roughly $61,000 Ram 1500 Big Horn with the same interior and four-door configuration but no other feature matches, including its performance engine.
It's why traditional automotive dealers have large vehicle inventories, especially for pickup trucks that have a litany of build options and wide bandwidth of performance specs.
Taira said Carvana is continuing to take lessons learned from its year-plus experience of selling new vehicles into its day-to-day operations. He said the company is learning what vehicles to keep in stock and is working to ensure customers know they are buying a new vehicle rather than a used one.
"We're going through all this technology. This is brand new," Taira said. "All these things are active, meaning the amount of progression we're going to make over the course of the next days to weeks to months."
Taira said the company prioritizes new vehicle sales to local customers, much like it does for used vehicles, to avoid additional costs, but it does use its nationwide logistics network and more than 100 U.S. Carvana locations when necessary.
Carvana will service vehiclesA major question of Stellantis franchised dealers and Wall Street analysts before Carvana revealed its new vehicle plans was how the company planned to service the new products it sells.
Taira said the company, for the time being, will operationally run its service departments like a traditional franchised dealer, but with its guiding strategy of transparent, nonhaggling pricing and "hassle-free" customer experience.
"As it relates to how you actually do service, they're traditional. It's a traditional setup in that way," he told CNBC. "In that way, what we're doing … as it relates to service, we believe the same principles that we have with selling cars."
At the end of the day, selling cars is Carvana's core business, but servicing vehicles has historically been a lucrative market for franchised dealers, along with customer financing, which Carvana has always focused on for its business.
Much like its used vehicles, Carvana is currently only accepting cash or offering financing through the company itself, including selling consumer auto loans it originates to institutional investors and partner banks, such as Ally Financial, to maintain liquidity.
Taira did not dismiss the possibility of Carvana offering leasing or using Stellantis' financial services, which have been highly profitable for automakers, but said the offerings would need to seamlessly integrate into its current online selling platforms.
"Part of what makes this great, this experience, is what we already know. What we already know is the system that we have in place," he said. "That does not mean that integration isn't something that we're going to be [doing] as part of our learning and experimentation going forward."
An article concerning a development that could benefit Robinhood Markets (HOOD 0.69%) helped boost the price of the next-generation brokerage on Wednesday. Investors took the report as excellent news for the financial services company and reacted by pushing its shares up almost 9%.
The digital future Well before market open, Reuters reported that the Securities and Exchange Commission (SEC) is preparing a policy allowing cryptocurrency companies to transact in crypto products such as tokenized stocks.
Image source: Getty Images.
Citing unnamed "analysts and lawyers," the news agency added that SEC chair Paul Atkins will formally announce the policy in the near future. Tokenized stocks, which are digital assets that sit on blockchains and are tied to actual shares of companies, can be traded outside of market hours and settled near-instantaneously, among other advantages over traditional equity transacting.
Atkins has proposed an "innovation exemption" framework under which the intermediaries typical in securities trading can be bypassed under certain circumstances. This would allow for that direct and immediate transacting promised by tokenized stocks.
Today's Change
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Current Price
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104.98
Waiting for the green light Unlike some of the more established brokerages, Robinhood began embracing crypto trading years ago. It's very much a tech-forward company, to the point where it already operates a trading platform for tokenized stocks. Unfortunately for enthusiasts of such products in the U.S., this isn't fully legal in the U.S.; this service is only available for European Union (EU) clients.
At least, not yet. Should that change, as per the Reuters report, Robinhood would undoubtedly score a win. I don't blame investors for piling into the stock on that possibility.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Robinhood plánuje soukromou emisi konvertibilních senior notes za 2,0 miliardy USD se splatností 1. října 2029. Z výtěžku chce asi 300 milionů USD použít na zpětný odkup akcií.
June 22, 2026 07:00 ET | Source: Robinhood Markets, Inc.
Opportunistic capital raise with proceeds used to enhance strategic flexibility to invest for future growth
Approximately $300 million of the proceeds to be used to repurchase shares, although the amount of Class A common stock that Robinhood actually repurchases may be more or less than $300 million
Additionally, a portion of the proceeds to be used to purchase capped calls intended to offset any share dilution until at least a targeted 125% premium to the last reported sale price of Robinhood’s Class A common stock on the date of pricing
MENLO PARK, Calif., June 22, 2026 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that, subject to market conditions, it intends to offer $2.0 billion in aggregate principal amount of convertible senior notes due 2029 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). Robinhood also intends to grant the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period from, and including the date on which the Notes are first issued, up to an additional $200 million aggregate principal amount of Notes.
The Notes will be senior, unsecured obligations of Robinhood. Robinhood will settle conversions by paying cash up to the aggregate principal amount of the Notes to be converted and paying or delivering, as the case may be, cash, shares of Robinhood’s Class A common stock or a combination of cash and shares of Robinhood’s Class A common stock, at Robinhood’s election, in respect of the remainder, if any, of Robinhood’s conversion obligation in excess of the aggregate principal amount of the Notes being converted, based on the then applicable conversion rate. The Notes will mature on October 1, 2029, unless earlier converted, redeemed or repurchased.
Robinhood may not redeem the Notes prior to July 1, 2028, except in the event of a cleanup redemption (as defined below). Robinhood may redeem for cash all or any portion of the Notes (subject to certain limitations), at its option, on or after July 1, 2028 and prior to the 21st scheduled trading day immediately preceding October 1, 2029, if the last reported sale price of Robinhood’s Class A common stock has been at least 120% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which Robinhood provides notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. In addition, the Notes will be redeemable at any time if the aggregate principal amount of the Notes that remains outstanding is less than $100 million and certain other conditions are satisfied (a “cleanup redemption”).
The interest rate, the initial conversion rate and certain other terms of the Notes will be determined at the time of pricing of the Offering.
Robinhood intends to use (i) approximately $300 million of the net proceeds from the Offering to repurchase its Class A common stock, although the amount of its Class A common stock that Robinhood actually repurchases may be more or less than $300 million, (ii) a portion of the net proceeds from the Offering to fund the costs of the capped call transactions described below and (iii) the remainder of the net proceeds from the Offering, if any, for general corporate purposes, which may include organic growth investments, potential acquisitions and/or capital expenditures. If the initial purchasers exercise their option to purchase additional Notes, Robinhood expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions. In addition, following the Offering, Robinhood plans to continue to repurchase additional shares of its Class A common stock pursuant to Robinhood’s stock repurchase program. The repurchases of Robinhood’s Class A common stock described above could increase (or reduce the size of any decrease in) the market price of Robinhood’s Class A common stock or the Notes. In the case of repurchases effected concurrently with the Offering, this activity could affect the market price of Robinhood’s Class A common stock prior to, concurrently with or shortly after the pricing of the Notes, and could result in a higher effective conversion price for the Notes.
In connection with the pricing of the Notes, Robinhood expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers of the Notes or their respective affiliates and/or other financial institutions (the “option counterparties”). The capped call transactions will cover, subject to anti-dilution adjustments, the number of shares of Robinhood’s Class A common stock initially underlying the Notes sold in the Offering. The capped call transactions are expected generally to reduce potential dilution to Robinhood’s Class A common stock upon conversion of any Notes and/or offset any cash payments Robinhood is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap.
Robinhood has been advised that, as is customary for convertible note offerings that include capped call transactions, in connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to purchase shares of Robinhood’s Class A common stock and/or enter into various derivative transactions with respect to Robinhood’s Class A common stock concurrently with or shortly after the pricing of the Notes. This activity could increase (or reduce the size of any decrease in) the market price of Robinhood’s Class A common stock or the Notes at that time. In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Robinhood’s Class A common stock and/or purchasing or selling Robinhood’s Class A common stock or other securities of Robinhood in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so (x) during any observation period related to a conversion of Notes or following any repurchase of Notes in connection with any “fundamental change” (as defined in the indenture for the Notes) and (y) following any other repurchase of Notes if Robinhood elects to unwind a portion of the capped call transactions in connection with such repurchase). This activity could also cause or avoid an increase or decrease in the market price of Robinhood’s Class A common stock or the Notes, which could affect the ability of noteholders to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of Notes, it could affect the amount and value of the consideration that noteholders will receive upon conversion of the Notes.
Neither the Notes nor the shares of Robinhood’s Class A common stock potentially issuable upon conversion of the Notes, if any, have been, or will be, registered under the Securities Act, the securities laws of any other jurisdiction or any state securities laws and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The Notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act. This news release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale is unlawful. No assurance can be made that the Offering will be consummated on its proposed terms or at all.
This press release contains forward-looking statements regarding Robinhood and its consolidated subsidiaries (“we,” “Robinhood,” or the “Company”), including, but not limited to, statements regarding the anticipated terms of the Notes, the completion, timing and size of the Offering and capped call transactions, the anticipated effects of entering into the capped call transactions, and the intended use of the net proceeds from the Offering and the anticipated effects thereof. In some cases, you can identify forward-looking statements because they contain words such as “believe,” “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Our forward-looking statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause our actual future results, performance, or achievements to differ materially from any future results expressed or implied in this press release. Factors that contribute to the uncertain nature of our forward-looking statements include, among others, risks and uncertainties associated with market conditions, including market interest rates, the trading price and volatility of Robinhood's Class A common stock and risks related to this Offering, and Robinhood’s business and operations and results of operations. Because some of these risks and uncertainties cannot be predicted or quantified and some are beyond our control, you should not rely on our forward-looking statements as predictions of future events. More information about potential risks and uncertainties that could affect our business and financial results can be found in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, as well as in our other filings with the SEC, all of which are available on the SEC’s web site at www.sec.gov. Moreover, we operate in a very competitive and rapidly changing environment; new risks and uncertainties may emerge from time to time, and it is not possible for us to predict all risks nor identify all uncertainties. The events and circumstances reflected in our forward-looking statements might not be achieved and actual results could differ materially from those projected in the forward-looking statements. Except as otherwise noted, all forward-looking statements in this press release are made as of the date of this press release, June 22, 2026, and are based on information and estimates available to us at this time. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Except as required by law, Robinhood assumes no obligation to update any of the statements in this press release whether as a result of any new information, future events, changed circumstances, or otherwise. You should read this press release with the understanding that our actual future results, performance, events, and circumstances might be materially different from what we expect.
Medallia uzavřela dohodu o rekapitalizaci, která výrazně sníží dluh a přinese 150 milionů USD nového kapitálu na podporu závazku investovat přes 500 milionů USD do inovací, včetně transformace v oblasti AI, v příštích letech. Po dokončení transakce přejde vlastnictví od Thoma Bravo ke skupině vedené Blackstone, Apollo a FS KKR Capital Corp (FSK).
Significantly strengthens the company’s balance sheet and provides $150 million of new capital to advance Medallia’s $500 million commitment to innovation, including AI transformation, in the coming years
TYSONS, Va.--(BUSINESS WIRE)--Medallia, the global leader in customer and employee experience, today announced that it has entered into a recapitalization agreement with its lenders that will strengthen its financial foundation for long-term growth. The transaction will significantly reduce Medallia’s outstanding debt and provide $150 million of new capital, positioning the company to accelerate AI-driven innovation and customer-focused product investment. Upon completion of the transaction, Medallia will change ownership from Thoma Bravo to an investor group led by Blackstone, Apollo, and FS KKR Capital Corp (FSK).
Medallia has been at the center of enterprise experience management since its founding in 2001 – going public on the New York Stock Exchange in 2019 before being taken private in 2021. Eighteen months ago, a new executive team joined to reinvent the business for an AI-first market, modernizing operations, and sharpening strategic focus while maintaining strong profitability. Today's transaction advances Medallia's existing $500 million commitment to innovation over the next few years and provides the capital to accelerate it, moving the company beyond traditional experience management into a more intelligent, predictive, and automated platform.
“Today's announcement marks a significant milestone towards the next generation of AI-led enterprise experience management,” said Mark Bishof, CEO of Medallia. “The transformation of Medallia has been well underway – what changes today is the pace. With a strengthened balance sheet and $150 million in new capital, we are accelerating our commitment to invest over $500 million in products and services for our customers over the next few years.”
The committed support of Medallia’s new owners reflects strong conviction in the company’s leadership team, platform strategy, and long-term market opportunity. In addition to new capital, Medallia will benefit from the firms’ collective expertise in scaling businesses globally, strategic relationships, and global resources to enhance Medallia’s platform capabilities and market leadership.
“Medallia is a profitable business with a strong track record serving many of the largest companies in the world,” said Brad Marshall, Global Head of Private Credit Strategies at Blackstone. “We’re confident in the business under this new capital structure and look forward to supporting its plans to invest in this next phase of innovation and growth.”
Medallia plans to expand its generative AI and automation capabilities across its platform, enabling organizations to more quickly identify emerging patterns, predict business impact, and orchestrate intelligent actions at enterprise scale. Building on its Frontline-Ready AITM foundation, Medallia also plans to further evolve its platform with deeper integrations across contact center, CRM, workflow, and emerging agentic AI ecosystems. Leading organizations including Mayo Clinic Laboratories, Mazda North America, and Santander Bank are among the customers who recently shared how Medallia powers their experience management programs. The company's planned platform enhancements will empower enterprises to respond to their customer and employee needs with greater speed, precision, and operational impact.
The company expects to close the transaction prior to the end of the year, subject to customary closing conditions and regulatory approvals. As Medallia works with its financial partners to close the transaction, operations remain uninterrupted, with no anticipated impact or disruption to the company’s customers, employees, or partners.
About Medallia
Medallia is the global leader in customer and employee experience, trusted by the world’s most iconic brands — including 7 of the Fortune 10. Medallia’s AI-driven platform helps enterprise organizations turn billions of feedback signals into clear, prioritized actions. With deep domain expertise, a powerful partner ecosystem, and consistent leadership recognition from top industry analysts, Medallia transforms customer experience into a strategic driver of business growth. Learn more at www.medallia.com.
