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, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Futu Holdings Ltd. ("Futu" or the "Company") (NASDAQ: FUTU). Such investors are advised to 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. 

The class action concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until August 25, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Futu securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]

On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities."  The article reported that China "would punish brokers it accused of illegally moving money to foreign markets[.]"  The article further reported that online brokers, including Futu, "would be penalised for soliciting business in China without an onshore licence[.]" 

On this news, the price of Futu American Depositary Shares ("ADSs") fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026. 

Then, on May 28, 2026, Futu issued a press release reporting its financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."  The press release reported this adjustment under the Company's financial statements as "Others, net" in its statements of comprehensive income for the applicable period. 

On this news, Futu's ADS price fell $5.31 per ADS, or 4.8%, to close at $104.91 per ADS on May 28, 2026.

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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980 

SOURCE Pomerantz LLP

  Abbotsford, BC – July 23, 2026 - TheNewswire – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX-V:GSI) (OTC:GKPRF), a leader in video and data solutions for school buses, public transit and smart cities, announces the Company has received a purchase order for school bus video from Blue Bird Corporation, the leader in electric and low-emission school buses.

  Under the purchase order, a fleet of school buses will be factory-equipped with Mobile Data Collectors and interior video systems. The Company has been informed that the school buses are being manufactured for a student transportation provider who is providing services to a school district in Connecticut with delivery expected to be in the spring of 2027. The purchase order is valued at approximately US$831,000 (C$1,170,000) and Gatekeeper expects the student transportation provider to subscribe to the Company’s video management software offering following delivery of the buses.

  About Blue Bird Corporation

Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world – 25 million children twice a day – making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 25,000 propane, natural gas, and electric powered buses sold. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird’s complete product and service portfolio, visit www.blue-bird.com.

  About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of video and data solutions for a safer transportation environment for children, passengers, and drivers on public transportation fleets. Gatekeeper has provided solutions to more than 60 transit agencies and 3,500 school districts throughout North America and has installed more than 65,000 Mobile Data Collectors for customers which record video and data daily from over 200,000 onboard devices. The Company’s hosted software applications facilitate AI-assisted video analytics for incident management and storage. The Company’s Platform-as-a-Service (PaaS) business model is centered around the Mobile Data Collectors, which are the cornerstone of its data company transformation. www.gatekeeper-systems.com

Contact Information:

Douglas Dyment

President & CEO

[email protected]

(604) 864-6187

  Cautionary Note Regarding Forward-Looking Statements

Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to, currency values and foreign exchange rate fluctuations between the Canadian dollar and U.S. dollar. As a result, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on these forward-looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis for the period ended May 31, 2026. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.

  Neither 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.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cerebras Systems Inc. ("Cerebras" or the "Company") 
(NASDAQ: CBRS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Cerebras and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On or around May 14, 2026, Cerebras completed its initial public offering ("IPO"), selling 30 million shares of Class A common stock priced at $185.00 per share.  Then, on June 24, 2026, Cerebras reported its financial results for the first quarter of 2026.  Among other items, Cerebras reported a loss of $0.22 per share, missing analyst estimates of a $0.16-per-share loss.  In addition, Cerebras forecast a narrower gross margin in its core business, excluding impact from customer warrants and data center pass-through revenues. 

On this news, Cerebras's stock price fell $44.46 per share, or 19.61%, to close at $182.26 per share on June 24, 2026.

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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980 

SOURCE Pomerantz LLP

After its initial strong rally that took the equity to its all-time high of $225.64, SpaceX (NASDAQ: SPCX) stock entered a downturn that saw it crash below the initial public offering (IPO) price of $135 and to $115.26 at the latest close.

SpaceX stock price chart. Source: Google Overall, SPCX shares’ performance ensured that the company lost $250 billion from its IPO valuation, with the rising downward momentum apparently threatening a fall below $100.

Notably, the move appears in line with an assessment published by Morningstar shortly before SpaceX stock trading started and which foresaw the equity’s fair value at approximately $70.

How SpaceX stock compares to other trillion-dollar companies Additionally, the recent downturn appears consistent with the warning issued by multiple analysts and commentators that noted the severe discrepancy between the $1.77 trillion IPO market capitalization – comparable to Broadcom (NASDAQ: AVGO) and Saudi Aramco – and the firm’s revenue and losses in the first quarter (Q1) of 2026.

Specifically, the semiconductor company reported revenue of over $19 billion in Q1, while SpaceX was below $5 billion. 

Similarly, the international oil giant’s net income for the three months stood above $33 billion, while Elon Musk’s newer public company recorded an operating loss of nearly $2 billion.

What is next for SpaceX stock price? Looking ahead, there appears to be relatively little to stop SPCX stock’s crash in the short-term. 

Specifically, the equity’s float remains exceptionally low relative to a standard IPO, all insiders remain barred from selling, and the July 7 inclusion into the Nasdaq-100 benchmark index seemingly failed to generate significant buying pressure.

The final point might be a particularly strong signal that shares of SPCX are indeed headed below $100, considering the fast-track addition was widely expected to lead to widespread automatic purchasing by index funds.

Overall, Palantir (NASDAQ: PLTR) stock serves as a strong example of an equity’s trajectory after joining a benchmark, as it soared roughly 30% in its first month within the S&P500 and about 400% in its first year.

Still, one possible opportunity for a reversal could come with the August 4 earnings report, provided it beats analyst forecasts sufficiently – a plausible outcome given the company’s recent business transformation and compute agreements with Google (NASDAQ: GOOGL) and Anthropic.

Simultaneously, investors should be wary of the filing as, despite the $1.25 billion monthly deal with the world’s other most recognizable artificial intelligence company, revenue will be constrained by a discount for the initial quarter disclosed at the same time as the partnership.

SpaceX stock long-term price analysis Looking further into the future, the performance of SpaceX stock does not become easier to forecast. On the one hand, the balance between revenue, profitability, and valuation remains a major concern and appears to largely back Morningstar’s comparatively bearish forecast.

On the other hand, much of SPCX’s initial share price and market capitalization was backed by projections for future revenue, which, in some estimates, amount to more than $1 trillion by 2030 – for more than a two-hundredfold increase from Q1, 2026 – and an overall total addressable market greater than $20 trillion disclosed in the S-1.

Wall Street certainly appears convinced in the growth story, given that SpaceX equity retains an overall ‘Strong Buy’ rating and an average 12-month price target of $243.81 for a 111.53% rally from the latest close.

Wall Street sets SpaceX stock price for the next 12 months. Source: TipRanks Furthermore, the strength of the bullish consensus is further demonstrated by the fact that, despite the severe correction, SPCX shares boast 23 positive, 5 ‘Neutral,’ and only a single ‘Sell’ recommendation on the stock analysis platform TipRanks, per the data Finbold retrieved on July 23.

Featured image via Shutterstock

Shares of Elon Musk’s space empire, Space Exploration Technologies (NASDAQ:SPCX | SPCX Price Prediction), have been in free fall in recent weeks, recently falling to $115 and change, close to $20 off the IPO price. Of course, most new investors who couldn’t participate in the IPO had to pay closer to $160 per share on the first day of public trade. Either way, it didn’t take long for investors to grow fearful shortly after the euphoric initial rise that helped Elon Musk temporarily become the world’s first trillionaire.

The hype has died down; the shorts have arrived, the float is rising, and there’s growing concern about the firm’s unprofitability. As I noted in prior pieces, AI-related CapEx, which has been worrisome for hyperscalers, would soon rattle SpaceX shareholders. Of course, advancing the Starship program doesn’t come cheap, either.

Heavy spend is never fun, but it’s very much necessary While it seems like an uneasy time to be in SpaceX amid heavy spending as it builds data centers on Earth and in orbit, I do think that the pieces will gradually fall into place.

Like it or not, SpaceX is moving at a ridiculous pace, and investors might not yet be prepared for the rise in spend that accompanies it. And while it’s necessary to get that chokehold on cloud infrastructure beyond the clouds, it takes mouth-watering sums of investment to build the rails that take us to new frontiers.

The big question is whether the big payoff is shortly after the final track is nailed down or if it’ll flow in steadily over a more extended period of time. That’s the main question mark that makes it so hard to value SpaceX. It did take quite a while for sell-side analysts to do their homework and come up with a recommendation and price target.

With SpaceX reportedly in talks with the Pentagon to supply data center capacity (on the ground), it certainly feels like SpaceX has a huge advantage when it comes to terrestrial compute and a big, satisfied customer in place once orbital compute eventually comes online.

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Once Starship gets going, the sky is the limit In my view, SpaceX is locking in that chokehold on extraterrestrial compute. It has the transport monopoly in Starship to get assets out there (it’s like the railway to space, so to speak). And while the latest launch delay is a red flag for some, I viewed it as nothing more than a shakeout of some of the stock’s more weak-handed holders.

Starship needs to do that heavy lifting, and there’s not much room for failure. If the reusable rocket doesn’t go well, so much for the ambitious space endeavors. With such a valuable payload (GPUs, solar panels, and all the sort), any slight fumble could have disastrous consequences for the stock, which still looks expensive despite shedding nearly half of its value from the peak hit in June.

As Starship starts hauling, the real chokehold, I think, lies in the design of SpaceX’s orbital data center. If it stays cool and powered, the proof of concept will be in the books, and SpaceX will be ready to scale, likely faster than hyperscalers, including those with space ambitions, know how to react.

Indeed, SpaceX has moved at light speed with terrestrial data centers (think Colossus). And there’s no reason to think the firm can’t do the same with orbital data centers once it shows off a concept that actually works. If all goes according to plan, perhaps SpaceX will have monetized Starmind before its rivals get anything off the ground without its help.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SpaceX didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

“I’m still short puts in there and the puts haven’t gone anywhere,” Sosnoff said, noting that though SpaceX stock has fallen, the price of his puts has remained the same.

SpaceX Faces Historical IPO ChallengesAdding to the tension, Elon Musk has issued a warning to short-sellers betting against SpaceX. Musk’s recent comments suggest that those maintaining significant short positions in SpaceX may face challenges, drawing parallels to his past confrontations with Tesla short-sellers.

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Meta Platforms stock is under selling pressure. Why are META shares declining? Earnings Preview & HistoryMeta is scheduled to report second-quarter earnings on July 29. Analysts estimate EPS of $7.18 along with revenue of $60.22 billion. For the prior quarter, Meta Platforms reported EPS of $7.31, beating the consensus estimate of $6.67. The company also posted revenue of $56.31 billion, exceeding the consensus estimate of $55.54 billion.

Meta Platforms has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.12% and a revenue surprise of 0.03%.

What To WatchInvestors will be watching Meta’s family-of-apps user trends for early signs that Europe’s youth-access restrictions are affecting engagement, since even small usage shifts can ripple into ad inventory and pricing. Advertising revenue growth relative to pricing and impressions is another key area to track, given the $60.22 billion revenue target hinges on strong ad demand alongside Reels and AI-driven discovery.

Updates on AI monetization, including Advantage+ performance and returns on AI infrastructure spending, will also be closely followed as the market focuses on the gap between AI investment and results.

A Death Cross Still Casts a Shadow Over Meta StockMeta is trading 0.8% below its 20-day SMA ($615.93) and 0.9% below its 100-day SMA ($616.32), while holding 0.8% above its 50-day SMA ($606.09). That "tug-of-war" positioning often produces choppy trade, and it helps explain why the stock can feel heavy on down-futures mornings even if the longer trend isn’t breaking.

RSI is the cleaner momentum read right now: at 51.71, it’s basically neutral, which fits a stock that’s consolidating rather than trending hard. In plain terms, RSI helps gauge whether buying or selling has gotten stretched; near-50 readings usually mean neither side has clear control.

The bigger-picture trend is still mixed: the 20-day SMA is above the 50-day SMA (a near-term bullish tilt), but the death cross from December 2025 (50-day SMA below the 200-day SMA) keeps the longer-term trend filter cautious. Zooming out, the stock remains 4.4% below its 200-day SMA ($639.20), and that overhead area can act like "gravity" on rebounds.

From a levels standpoint, traders will likely keep an eye on nearby pivots:

Key Resistance: $643.00 — a nearby round-number zone that also sits close to the 200-day moving-average area, where rebounds can stall Key Support: $577.00 — a nearby prior demand zone that sits well above the $520.26 52-week low, but would matter if selling pressure builds Analyst Consensus & Recent ActionsThe stock carries a Buy rating with an average price forecast of $820.81. Recent analyst moves include:

Raymond James: Strong Buy (Raises Target to $850.00) (July 21) Wells Fargo: Overweight (Raises Target to $835.00) (July 21) Rothschild & Co: Buy (Raises Target to $1000.00) (July 21) Meta Shares SlipMETA Price Action: At the time of publication, Meta shares are trading 2.76% lower at $609.82, according to data from Benzinga Pro.

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D3 Energy Ltd (ASX:D3E, OTCQX:DNRGF) has started a two-well drilling program at the Nooitgedacht area of its wholly owned ER315 permit in South Africa, targeting an expansion of its helium and natural gas reserve base.

The company has successfully spudded the first well, NGT245 E, in the northwestern portion of ER315 in the Free State Province.

Drilling will target faulting and associated fractures within the Witwatersrand formation to assess reservoir deliverability and gather further data on helium and methane concentrations.

The campaign is also intended to support the conversion of additional exploration areas into production rights.

Testing high-grade helium area The two-well program comprises NGT245 E and NGT245 D, both positioned near the historical Nooitgedacht Major borehole.

Production testing of that borehole in January 2025 delivered an average flow rate of 95,000 standard cubic feet per day, with helium concentrations of 5.6% and methane concentrations of 83.2%.

Nooitgedacht is around 43 kilometres north of D3 Energy’s Bloemskraal area, where the company has already booked reserves supporting a Production Right application submitted last year.

Both areas are associated with major structural corridors within ER315, with Nooitgedacht positioned along the Homestead Fault.

“The spudding of our first well at Nooitgedacht is another step forward in our methodical appraisal of ER315 as we look to build upon and extend the company’s ER315 reserve base some 40 kilometres to the north,” managing director and chief executive David Casey said.

NGT245 E to inform development decisions NGT245 E is budgeted to cost approximately A$200,000 to drill and complete.

Should the well successfully intersect gas, D3 Energy plans to undertake production testing to assess flow performance and obtain data relevant to well interference and spacing.

The results will help guide the ongoing development of ER315 and inform potential additional Production Right applications to South African authorities.

Next steps D3 Energy will complete drilling at NGT245 E before progressing to the second planned well, NGT245 D.

Successful gas intersections will be followed by production testing, with results expected to strengthen the company’s technical dataset and support further reserve definition and permitting activities.

About D3 Energy D3 Energy is an Australian-listed helium and natural gas exploration company focused primarily on ER315, PR016 and ER386 in South Africa’s Free State Province.

The company holds a 479,409-acre regional land position, with ER315 having returned independently verified helium concentrations of up to 8%.

D3 Energy has also expanded into Australia through the acquisition of prospective helium and hydrogen permits in South Australia’s Arckaringa Basin.

Key Takeaways The share of SpaceX stock that’s reportedly been sold short has ballooned to about 32% from less than 7% a month ago.The surge in short interest coincides with a stock slump that has weighed on the portfolios of individual investors who own any fund tracking the hugely popular Nasdaq-100 index. Get personalized, AI-powered answers built on 27+ years of trusted expertise.

“SpaceX will be worth more than Earth if we achieve our goals,” Elon Musk recently said. Investors think that’s a very big “if.” 

Investors have reportedly shorted about 206 million shares of SpaceX (SPCX), or about 32% of the company’s public float, according to estimates from S3 Partners. The latest estimates are an increase from 185 million shares, or about 29% of float, last week, and just 40 million shares, or less than 7% of tradable stock, a month ago.1 

Short interest is rising as SpaceX’s share price falls. The stock soared to record high above $225 in its frenzied first days of trading last month, but it’s mostly been downhill from there. Shares closed below its $135 IPO price for the first time last week in the middle of a seven-day slump. The stock snapped its losing streak on Tuesday amid a broad market rally, but slumped nearly 7% to a record low of about $115 on Wednesday.

Why This Is Important To Investors SpaceX’s relatively small public float, speculative nature and high profile have all made it a volatile stock since its debut last month. Rising short interest could exacerbate that volatility if a sudden upswing squeezes short sellers. Though, upcoming lock-up expirations could put even more pressure on shares.

Many 401(k)s Have Exposure to SpaceX Stock The slump has cost Musk his trillionaire status. It’s also been a drag on many everyday investors’ retirement portfolios. Several stock index providers fast-tracked SpaceX’s entry to their indexes.

The stock was added to the Nasdaq-100, one of America’s marquee stock indexes, on July 7, just 15 trading days after its debut. As a result, funds tracking the index, including the Invesco QQQ ETF (QQQ), with more than $450 billion in assets, bought the stock when it was trading around $160. Shares have since declined more than 20%.

The Nasdaq-100 is a popular choice among savers. More than 40% of 401(k) plan participants own a fund tracking the Nasdaq-100, according to a recent survey by Shelton Capital Management, and SpaceX accounts for about 1% of the index.2  

Nasdaq’s decision to accommodate SpaceX was controversial. New stocks tend to be volatile, and many experts warned SpaceX’s high profile, small float, and the speculative nature of its business would likely amplify that volatility. Historically, pre-IPO buzz has been a short-term boon and a longer-term headwind to stocks. According to Mark Malek, chief investment officer of Siebert Financial, shares of the 10 largest U.S. IPOs in history have underperformed the S&P 500 by 96 percentage points since their listings. 

Lock-Up Expirations Could Spark More Volatility There may be more turbulence ahead for unwitting SpaceX investors out there. The company on Tuesday scheduled its first earnings report as a public company for August 4. The print will open the door for company insiders to begin selling shares that have been subject to a post-IPO lock-up period.

Insiders can start selling up to 20% of their locked-up stock, or 911.5 million shares, on August 6. An additional 10%, or 455.8 million shares, will be unlocked if the stock closes at least 30% above its IPO price in five of the 10 trading days leading up to its first report.3 (That 10 day stretch started Wednesday, and the price to watch is $175.50.)

Despite mounting pessimism among short sellers, there are plenty of SpaceX bulls on Wall Street. Nine of the 10 analysts with current ratings tracked by Visible Alpha rate the stock a buy, and their median price target of $235 implies more than 100% upside. 

For his part, Musk responded to surging short interest on Friday when he wrote in an X post: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.”4

Musk has a history of bitter feuds with short shellers. Tesla (TSLA) was one of the most shorted stocks in history in 2018 when the EV maker was burning through cash and struggling to scale production. Musk accused short sellers of market manipulation and, that August, said he wanted to pay a 20% premium to take Tesla private. “Funding secured,” he infamously tweeted, causing shares to jump. That incident cost Musk $20 million in fines, his Tesla chairmanship, and his unfettered freedom to tweet, but the bears got burned, too. Tesla’s business improved, it turned profitable, and shares rose, culminating in a historic short squeeze in 2020 that reportedly cost hedge funds billions. 

Tesla stock is taking a hit today. What’s weighing on TSLA shares? Tesla Hits $100B TTM Revenue Milestone Despite EPS MissTesla reported adjusted earnings per share of 33 cents, missing the consensus estimate of 50 cents. In addition, it reported revenue of $28.23 billion, beating the consensus estimate of $25.70 billion.

The company reported second-quarter deliveries of 480,126 vehicles, up 25% year-over-year and above the Street estimate of 406,000. The company said it hit $100 billion in trailing-twelve-month revenue for the first time in its history. Active FSD subscriptions reached 1.48 million, up 56% year-over-year and up from 1.28 million in the prior quarter.

Tesla ended the quarter with digital assets worth $674 million, primarily Bitcoin holdings, down from $786 million in the first quarter.

The Future For TeslaTesla said first-generation production lines for its Optimus robot are being installed ahead of production, which the company said will happen “soon.” The Cybercab is now listed as in production, an upgrade from last quarter’s guidance of volume production “this year.” The Tesla Semi is listed as “commissioning” and remains on track for volume production this year.

“We are focused on maximum capacity utilization at our factories,” the company said, adding that deliveries and deployments will depend on demand. Tesla said it has “never been more optimistic about the future.”

Tesla Shares SlipTSLA Price Action: At the time of publication, Tesla shares are trading 7.76% lower at $344.97, according to data from Benzinga Pro.

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Tesla’s (NASDAQ: TSLA | TSLA Price Prediction) earnings showed that, at an extremely rapid pace, it has become two companies (at least). One makes and sells cars—the other gambles, often on what appears to be longshots, on AI and robotics. (Tesla does have an energy generation business which produced $3.1 billion, or 11% of the total, in the most recent quarter. It does not fit neatly into either silo.)

The proof that Tesla’s car business continues to be the revenue core is that at $20.5 billion, it was 73% of Tesla’s total revenue of $28.2 billion. Auto revenue was up 23% year over year in Tesla’s second quarter. Overall revenue rose 26%. Net income for the entire company was $1.1 billion, which was down 5% year over year.

Total vehicle deliveries were 480,126 in the quarter, up 25% year over year. Anyone who believes that Tesla’s car operations are in trouble is wrong. China sales may have been unstable over time. Tesla took a brutal beating in the EU last year, and lost the EV sales lead there to China’s BYD. However, this year, EU figures have gotten better. The US remains an EV graveyard, but Tesla is still the market leader, and what might have been major competitors like Ford (NYSE: F) have quit.

Tesla breaks out the status of what it calls its “robotics” operation. It reports that two facilities are under construction. One is in California, and the other is in Texas. Tesla reported, “The initial Optimus builds will be used in our Optimus Academy for training data collection and further functionality development. Additionally, we continued site development at Gigafactory Texas with building construction now in full swing.”

Tesla offered updates to its “robotaxi” business. It admitted that the effort is still in early stages, with wide-scale deployment contingent on both technological breakthroughs and regulatory approvals.

Capital expenditures jumped 142% to $5.8 billion from $2.4 billion in the same quarter last year. Part of the cost of the robotics business is AI training and development of hardware and software that make a robot a real robot (CEO Elon Musk has said that, in the future, the world will have billions of robots).

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The question is how the company actually gets broken apart. The self-driving parts of the auto business are really AI-based. The ultra-advanced autopilot business is growing rapidly. The system is called Full Self-Driving (Supervised). Tesla said “active FSD subscriptions” rose 56% in the quarter to 1.48 million. It does not function without a car, so it belongs with the auto operations. Similarly, the robotaxi business and its Cybercab are modes of transportation and, thus, cannot be separated from these car operations.

So what does that leave? Robotics and AI are what Musk says are the future of Tesla. That is at the core of the debate over Tesla’s valuation, which is $1.4 trillion. That makes it the 11th most valuable company in the world. The market caps of other major car companies are, in every case, a fraction of that.

Spin-outs and break-ups of public companies are meant as a way to unlock value that is locked because disparate businesses have been put together under one roof. Tesla should “unlock.” Let investors who want to invest in EVs and their software buy an EV stock. Let people who want to own a robotics company that relies on advanced AI features own a robotics company.

The challenge, of course, remains in the execution of such a split. While the automotive arm can provide the cash flow necessary to fund Musk’s more ambitious visions, the robotics side is what currently inflates Tesla’s staggering $1.4 trillion valuation. Once again, by separating them, the market would finally be forced to decide if the robotics venture is a revolutionary tech giant or a speculative longshot, all while allowing the car business to be judged on its industry-leading fundamentals.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

It's that time of the year: earnings season. And investors are paying extra close attention to the companies that they own or that are on their watch lists.

Coca-Cola (KO -1.03%) is set to reveal financial results for its fiscal 2026 second quarter on July 28. Should you buy this beverage stock, which is up 18% this year, before then?

Image source: The Motley Fool.

No surprises here When Coca-Cola reported its Q1 numbers in late April, for the period ended April 3, management laid out full-year guidance. At that time, it expected organic revenue growth of 4% to 5% and an adjusted earnings-per-share (EPS) gain of 8% to 9%. Should this outlook be upgraded, then investors will have a clear sense of how optimistic the leadership team is. On the other hand, a downgraded forecast indicates difficult times ahead.

Consensus analyst estimates call for sales to rise 4% year over year in the second quarter. EPS is projected to increase 7%. It's worth pointing out that Coca-Cola exceeded Wall Street's top- and bottom-line forecasts in Q1 of this year.

Coca-Cola is such a steady and predictable business, however, that investors shouldn't expect any surprises. This is still an extremely profitable enterprise. Coca-Cola has reported an average operating margin of 26.3% over the past five years. This allows the company to rake in huge amounts of free cash flow.

Therefore, it's unnecessary to make an investing decision ahead of the upcoming financial release. It's almost a virtual certainty that the fundamentals aren't going to change at all.

The better question to ponder is whether you want to own this business for the long term. At a price-to-earnings ratio of 26, shares aren't cheap. And based on the historical track record, Coca-Cola isn't going to outperform the market.

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Focus on the most important attributes When companies report earnings, investors receive the most up-to-date information on their holdings. While this data is certainly important, as it can reinforce or challenge an investment thesis, it's always a great idea to maintain a long-term perspective. If you have a time horizon of five years or more, a single quarter's numbers are trivial in the big picture.

This is especially true for a business like Coca-Cola. Having been around for 140 years, this is arguably the most stable company on the face of the planet. It has staying power due to the minimal risk of obsolescence. Its brand has stood the test of time.

And most importantly, Coca-Cola continues to prioritize its dividend payout, which is key to the investment story. It has an incredible 64-year streak in place of hiking dividends. This makes the beverage stock a top choice among income investors.

Alphabet Inc. reported second-quarter cloud revenue that far surpassed Wall Street's expectations and strong gains in users of its Gemini artificial intelligence system, offering fresh evidence that the company's massive AI investments are beginning to pay off. The Google parent said cloud sales totaled $24.77 billion for the quarter ended June 30, a jump of 82% over the same period last year.

Alphabet stock is showing notable weakness. Why is GOOG stock falling? Alphabet Beats Revenue Estimates With $119.8B, EPS $9.11Alphabet reported earnings per share of $9.11, which may not compare to estimates. In addition, it reported revenue of $119.79 billion, beating the consensus estimate of $116.81 billion.

Total revenue grew 24% year-over-year, driven by strong performance across the business. Google Search revenue came in at $63.27 billion, up from $54.19 billion a year earlier. YouTube advertising revenue rose to $11.06 billion from $9.80 billion. Google Cloud revenue jumped to $24.77 billion from $13.62 billion. Total Google advertising revenue reached $81.63 billion, up from $71.34 billion.

Alphabet said Gemini models now process 22 billion API tokens per minute, and the Gemini app has reached 950 million monthly active users. The company ended the quarter with approximately $242.47 billion in cash, cash equivalents, and marketable securities.

Alphabet Ups 2026 CapEx ForecastAlphabet raised its full-year 2026 capital expenditure guidance to a range of $195 billion to $205 billion, up from its prior forecast of $180 billion to $190 billion, as the company continues to scale data center and AI infrastructure capacity.

Alphabet Shares Trade LowerGOOG Price Action: At the time of publication, Alphabet shares are trading 4.86% lower at $325.29, according to data from Benzinga Pro.

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The artificial intelligence arms race has entered a new phase. For the last two years, investors have focused on soaring AI demand, booming cloud growth, and trillion-dollar market capitalizations. Now comes the expensive part. 

The biggest technology companies are writing checks that would have seemed unimaginable just a few years ago to build the infrastructure needed to satisfy that demand. Alphabet (NASDAQ:GOOG | GOOG Price Prediction) just showed that winning the AI race won’t come cheaply. Yet the company’s latest earnings also suggest the payoff could justify the price, even if investors have to endure weaker cash flow before they see the rewards.

Google Cloud Is Finally Delivering Alphabet’s second-quarter earnings showed a company firing on nearly every operational cylinder. Revenue climbed 24% year over year to $119.8 billion, beating Wall Street estimates. Google Cloud stole the show, though, with revenue surging 82% to $24.8 billion while generating approximately $8.8 billion in operating income, good for operating margins of roughly 35%.

Those numbers matter because Google Cloud has long trailed Microsoft (NASDAQ:MSFT) Azure and Amazon‘s (NASDAQ:AMZN) AWS. Now the gap is narrowing as enterprise AI adoption accelerates.

Perhaps even more telling was Alphabet’s cloud backlog. It expanded to $514 billion from roughly $460 billion just three months ago. That represents contracted business expected to convert into revenue over the next one to two years, providing investors with unusual visibility into future growth.

Then there was another boost to reported earnings. Massive unrealized equity gains from investments such as Anthropic and SpaceX (NASDAQ:SPCX) helped push GAAP earnings per share to $9.11. While welcome, those gains shouldn’t be mistaken for recurring operating performance.

A $200 billion gamble to dominate the AI era. Discover why Alphabet is trading immediate cash for a half-trillion-dollar cloud backlog. © 24/7 Wall St. The Spending Surge Has Arrived But here is what unnerved investors, sending its stock 4% lower in premarket trading. During the earnings conference call, CFO Anat Ashkenazi announced Alphabet was increasing capital expenditures by another $15 billion. Instead of spending roughly $190 billion this year, the company now expects capital expenditures of between $195 billion and $205 billion.

Having already spent $78.6 billion during the first six months of 2026, Alphabet will spend approximately $126 billion during the second half of the year. Roughly 60% will go toward servers and custom Tensor Processing Units (TPUs), while the remaining 40% will fund data centers and networking infrastructure.

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The result was historic. Despite generating $39.1 billion in operating cash flow during the quarter, Alphabet reported negative free cash flow of $5.9 billion — the first quarterly negative free cash flow since becoming a public company. The market is latching onto that figure. 

The Bull Case Will Need Patience Negative free cash flow deserves attention, but context matters. Alphabet still possesses one of corporate America’s strongest balance sheets. It has historically generated more than $150 billion annually in operating cash flow, maintains enormous cash reserves, and has access to both debt and equity markets to finance expansion.

Granted, investors shouldn’t ignore the risks. Capital spending has more than doubled in just a few years, competition from Microsoft, Amazon, and OpenAI-backed partners remains fierce, and AI economics could shift if inference becomes cheaper or enterprise demand slows. 

A recent Nikkei investigation also estimated the technology industry carries roughly $1.65 trillion in off-balance-sheet obligations, including leases, GPU commitments, and joint ventures, compared with about $1.35 trillion of reported debt. Alphabet’s share is an estimated $250 billion in off-balance sheet debt.

Those obligations represent real future commitments, although they are common across capital-intensive industries and don’t suggest Alphabet faces an immediate balance-sheet problem. The stronger argument could still favor long-term investors: 

A $514 billion backlog suggests demand already exists.  Cloud margins remain healthy even while growth accelerates.  AI investments strengthen Google Search, YouTube, and Cloud simultaneously, creating multiple opportunities for future returns. Key Takeaway In short, Alphabet’s free cash flow is likely to remain under pressure through 2026 and likely into 2027 as its AI infrastructure build-out reaches full speed. That’s the cost of competing for what could become the largest technology opportunity of the decade. Investors buying Alphabet today aren’t purchasing peak profitability — they’re buying into an expensive expansion phase backed by accelerating cloud demand, a fortress balance sheet, and hundreds of billions of dollars in contracted business. 

If management executes, today’s spending spree may eventually look less like an expense and more like the foundation of Alphabet’s next decade of growth.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Google logo is displayed at Google's headquarters in New York City, U.S., July 1, 2026. REUTERS/Aleksandra Michalska/File Photo Purchase Licensing Rights, opens new tab

July 23 (Reuters) - Google on Thursday launched a new selfie video sign-in feature, allowing users another option to log in to their accounts or ​recover them in case they are locked out due to ‌forgotten passwords or lack of access to their preferred devices.

The Alphabet-owned (GOOGL.O), opens new tab company will allow users to set up verification by recording a brief ​video of themselves performing guided head movements that would ​capture multiple angles. Google will then save the ⁠recording and use it to authenticate the live videos that ​users upload during their sign-in attempts later on.

The Reuters Inside Track newsletter is your essential guide during the World Cup. Sign up here.

While the new ​feature could provide stronger protection against fraud and better account recovery options for users, especially in cases of lost or stolen devices, it could also raise ​some concerns around privacy and biometric data collection.

Google said ​that the selfie video is stored with the user's consent, and the ‌user ⁠has the option to delete it at any time in their Google account. The video will be used only for sign-in purposes, unless the user opts in to share ​it for additional ​use cases, ⁠the company said.

The company added it uses several security checks to detect impersonation attempts, including deepfakes, by comparing ​a new recording with the saved selfie ​video and ⁠requiring users to perform movements that confirm the video is live.

The feature is available to eligible Google Account users from Thursday.

Companies currently rely on trusted ⁠devices, ​registered phone numbers, recovery contacts and ​two-factor authentication for account-recovery procedures. Biometric and facial recognition have long been a subject of privacy ​concerns.

Reporting by Rashika Singh in Bengaluru; Editing by Leroy Leo

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Tesla (TSLA) signaled it will have negative cash flow and is down to start Thursday's trading session. Alphabet (GOOGL) posted 82% cloud growth and stronger-than-expected earnings, but the stock also moved lower.

I keep hitting the buy button on Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) because the business behaves like a tollbooth on the entire internet, and every quarter the toll gets higher while the road gets wider. Warren Buffett appears to have arrived at the same conclusion. I got there first for my own account, and I am still adding.

The pitch is simple. Google Search is a self reinforcing flywheel. More queries feed better data, better data sharpens targeting, sharper targeting draws more advertising dollars, and those dollars fund the next turn of the wheel. Buffett views Alphabet’s moat through the search network flywheel and the capital scale that lets the company fund custom AI chips and global data centers straight out of cash flow. Smaller competitors cannot match that without crippling themselves. I want to own the tollbooth.

The Receipts Behind the Conviction Start with the flywheel itself. In the first quarter of fiscal 2026, Google Search & other revenue reached $60.40 billion, up 19%, and Pichai told shareholders “queries at an all time high”. That is a two decade old business still compounding at scale.

Then the second engine. Google Cloud revenue grew 63% to $20.03 billion, and backlog nearly doubled quarter on quarter to over $460 billion. Cloud growth has climbed from 32% to 34% to 48% to 63% across the last four quarters. Backlog of that size is a customer signing a promise to pay Alphabet years into the future.

The economics of this machine are what keep me buying. Return on equity sits at 38.9%, profit margin at 37.9%, and operating margin at 36.1%. EPS of $5.11 crushed the $2.63 consensus, the fourth consecutive beat. Over the trailing year, the stock is up 83.14%, and I am still buying because the P/E is 26.

Why Not Microsoft or Meta The obvious alternative is Microsoft (NASDAQ:MSFT). Azure is a real cloud competitor, but I pass because Microsoft trades at a price to sales ratio of 9.39 against Alphabet’s 10.17, yet Alphabet is compounding cloud revenue at 63% versus Microsoft’s 18.3% overall quarterly revenue growth. I am paying a similar sales multiple for faster growth and a wider consumer moat.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.

Meta Platforms (NASDAQ:META) is the other name I hear. It trades at a P/E of 23, cheaper than Alphabet on paper. My problem is concentration. Meta’s revenue is essentially all advertising, with no cloud franchise to catch the enterprise AI wave. Alphabet has ads, cloud, YouTube, and Waymo. Waymo surpassed 500,000 fully autonomous rides per week. That optionality is free with the ticker.

The Real Risk The risk that keeps me awake is capital intensity. CapEx hit $35.67 billion in the quarter, up 107.44%, and 2026 guidance is $175 to $185 billion. Free cash flow fell 46.63% year over year to $10.12 billion. If AI demand disappoints, that spending becomes a stranded asset problem.

I stay long anyway because the backlog is real, operating cash flow still grew 26.67%, and the same capital scale that pressures near term free cash flow is the moat itself. Only a handful of companies on earth can write these checks from operating cash.

Alphabet owns the tollbooth, funds the next mile of road from the toll receipts, and pays me a dividend it just raised 5% to $0.22 while I wait. That is why the buy button stays warm.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

, /PRNewswire/ --  Pomerantz LLP is investigating claims on behalf of investors of Alphabet Inc. ("Alphabet" or the "Company") (NASDAQ: GOOG).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Alphabet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On July 16, 2026, Bloomberg reported that Alphabet's Google is "months behind schedule on delivering Gemini 3.5 Pro , its most powerful flagship AI model" due to the Company's ongoing coding efforts.  Specifically, the article reported that "[l]ate last month, Google updated the data being used to train Gemini in an attempt to improve [its] skills, but the results were disappointing."  

On this news, Alphabet's stock price fell $16.40 per share, or 4.4%, to close at $353.81 per share on July 16, 2026.

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 numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.   

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Posted by Defense World Staff on Jul 23rd, 2026

Carmel Capital Partners LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 287.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,583 shares of the e-commerce giant’s stock after acquiring an additional 13,047 shares during the quarter. Amazon.com comprises about 1.3% of Carmel Capital Partners LLC’s holdings, making the stock its 17th largest position. Carmel Capital Partners LLC’s holdings in Amazon.com were worth $3,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. MilWealth Group LLC raised its stake in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com during the 4th quarter worth $45,000. Elkhorn Partners Limited Partnership increased its holdings in shares of Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 180 shares during the last quarter. Fairway Wealth LLC raised its position in shares of Amazon.com by 95.6% in the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 108 shares during the period. Finally, Prudent Man Investment Management Inc. raised its position in shares of Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after buying an additional 107 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In AMZN has been the subject of a number of research reports. Royal Bank Of Canada reissued a “buy” rating on shares of Amazon.com in a research report on Tuesday, June 16th. BNP Paribas Exane lifted their price objective on Amazon.com from $320.00 to $345.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Stifel Nicolaus set a $319.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Canaccord Genuity Group raised their price target on shares of Amazon.com from $300.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $312.91.

Get Our Latest Stock Report on AMZN

Amazon.com Trading Down 1.1% NASDAQ AMZN opened at $244.85 on Thursday. The stock has a market cap of $2.63 trillion, a P/E ratio of 29.29, a PEG ratio of 1.84 and a beta of 1.46. The company’s fifty day simple moving average is $249.58 and its 200-day simple moving average is $236.30. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. Equities research analysts predict that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

Insider Activity at Amazon.com In other news, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the sale, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at $3,729,480.60. This represents a 52.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 144,274 shares of company stock valued at $38,716,204. 8.90% of the stock is currently owned by insiders.

Trending Headlines about Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts remain upbeat on Amazon’s core growth drivers, especially AWS, with Bank of America reiterating a Buy rating and saying cloud growth could exceed expectations on strong enterprise AI demand. Article Title Positive Sentiment: Wall Street is also leaning into a strong second quarter for Amazon, with forecasts calling for revenue and operating profit above consensus and expectations that AWS growth is accelerating. Article Title Positive Sentiment: Amazon Business crossed a $60 billion annualized sales run rate, reinforcing that the company’s higher-margin B2B and enterprise offerings are still expanding. Article Title Positive Sentiment: Several market-commentary pieces highlighted Amazon as a beneficiary of AI infrastructure spending and a potential earnings beat, which is helping support longer-term sentiment. Article Title Neutral Sentiment: Amazon confirmed layoffs in its artificial general intelligence group as it shifts resources toward customer-facing AI products. The move may improve focus and discipline, but it also underscores ongoing restructuring inside the company’s AI efforts. Article Title Neutral Sentiment: Amazon also announced a $400 million plan to rebuild two Florida warehouses, which supports logistics capacity but adds to the company’s already heavy capital-spending burden. Article Title Neutral Sentiment: AWS struck additional collaboration deals, including with Observe.AI and funding support for Myseum.AI, reinforcing Amazon Web Services’ role as a key AI platform partner. Article Title Negative Sentiment: Job cuts in the AGI unit and broader questions about the cost of Amazon’s AI buildout are weighing on sentiment, especially with investors already focused on the company’s massive 2026 capex plans. Article Title Negative Sentiment: Shares also appear pressured by a broader rotation out of mega-cap tech and renewed scrutiny on whether heavy AI spending will translate into returns quickly enough. Article Title Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Featured Articles Five stocks we like better than Amazon.com Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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Posted by Defense World Staff on Jul 23rd, 2026

Conning Inc. reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 13.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,072 shares of the e-commerce giant’s stock after selling 7,087 shares during the period. Conning Inc.’s holdings in Amazon.com were worth $9,179,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. MilWealth Group LLC increased its stake in Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. bought a new stake in Amazon.com during the fourth quarter worth $45,000. Elkhorn Partners Limited Partnership lifted its stake in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 180 shares during the last quarter. Fairway Wealth LLC raised its holdings in shares of Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. lifted its position in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after buying an additional 107 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In A number of research analysts have recently commented on the stock. Phillip Securities raised shares of Amazon.com from a “moderate buy” rating to a “buy” rating and set a $280.00 target price for the company in a report on Wednesday, May 13th. Barclays reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Tuesday, June 9th. Monness Crespi & Hardt upped their target price on Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Evercore increased their target price on Amazon.com from $285.00 to $315.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $340.00 price objective (down from $350.00) on shares of Amazon.com in a research note on Wednesday, July 8th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $312.91.

View Our Latest Report on AMZN

Insider Buying and Selling In related news, CEO Matthew S. Garman sold 15,467 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $263.40, for a total transaction of $4,074,007.80. Following the transaction, the chief executive officer owned 14,159 shares in the company, valued at $3,729,480.60. The trade was a 52.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of Amazon.com stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. This trade represents a 18.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 144,274 shares of company stock worth $38,716,204 over the last ninety days. 8.90% of the stock is owned by company insiders.

Amazon.com News Summary Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts remain upbeat on Amazon’s core growth drivers, especially AWS, with Bank of America reiterating a Buy rating and saying cloud growth could exceed expectations on strong enterprise AI demand. Article Title Positive Sentiment: Wall Street is also leaning into a strong second quarter for Amazon, with forecasts calling for revenue and operating profit above consensus and expectations that AWS growth is accelerating. Article Title Positive Sentiment: Amazon Business crossed a $60 billion annualized sales run rate, reinforcing that the company’s higher-margin B2B and enterprise offerings are still expanding. Article Title Positive Sentiment: Several market-commentary pieces highlighted Amazon as a beneficiary of AI infrastructure spending and a potential earnings beat, which is helping support longer-term sentiment. Article Title Neutral Sentiment: Amazon confirmed layoffs in its artificial general intelligence group as it shifts resources toward customer-facing AI products. The move may improve focus and discipline, but it also underscores ongoing restructuring inside the company’s AI efforts. Article Title Neutral Sentiment: Amazon also announced a $400 million plan to rebuild two Florida warehouses, which supports logistics capacity but adds to the company’s already heavy capital-spending burden. Article Title Neutral Sentiment: AWS struck additional collaboration deals, including with Observe.AI and funding support for Myseum.AI, reinforcing Amazon Web Services’ role as a key AI platform partner. Article Title Negative Sentiment: Job cuts in the AGI unit and broader questions about the cost of Amazon’s AI buildout are weighing on sentiment, especially with investors already focused on the company’s massive 2026 capex plans. Article Title Negative Sentiment: Shares also appear pressured by a broader rotation out of mega-cap tech and renewed scrutiny on whether heavy AI spending will translate into returns quickly enough. Article Title Amazon.com Stock Down 1.1% Shares of Amazon.com stock opened at $244.85 on Thursday. The stock’s 50-day moving average is $249.58 and its 200 day moving average is $236.30. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $278.56. The firm has a market cap of $2.63 trillion, a price-to-earnings ratio of 29.29, a PEG ratio of 1.84 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company’s revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.59 earnings per share. Equities research analysts anticipate that Amazon.com, Inc. will post 7.75 EPS for the current year.

About Amazon.com (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Read More Five stocks we like better than Amazon.com Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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Happy Thursday. If our minds weren't already racing thanks to wildfire smoke and the cyclospora outbreak, we may also need to worry about rouge artificial intelligence agents.

Stock futures are falling this morning after a down day for Wall Street.

Here are five key things investors need to know to start the trading day:

1. ABCsShares of Alphabet and Tesla are lower before the bell after the companies reported quarterly results on one of the sector's first key earnings days this season. Despite revenue beats for both technology giants, Wall Street appeared more focused on — and concerned by — their artificial intelligence spending.

Here's what to know:

Alphabet said its cloud revenue jumped 82%, but the Google parent's plan to lift capital expenditures again put downward pressure on shares. The stock is down 5% before the bell.Tesla significantly missed Wall Street's earnings per share estimates for the second quarter. The company's shares dropped more than 7% in extended trading.Shares of IBM, which cratered last week following an earnings warning, are also lower this morning after weaker-than-expected results for the quarter. IBM CEO Arvind Krishna's will join CNBC's "Squawk on the Street" at 10 a.m. ET. Watch live here.Stock futures are pulling back this morning as investors parse through the latest reports. Follow live markets updates here.2. Weight of warOil prices are up nearly 5% this morning following reported attacks on tankers off the coast of Saudi Arabia. The gains put U.S. West Texas Intermediate crude futures back above the $90 per barrel mark, their highest level in more than a month.

As CNBC's Matt Peterson writes, rising gasoline and diesel prices are set to weigh on Americans' standard of living this summer. The U.S. Energy Information Administration's diesel benchmark posted its biggest weekly jump since early March last week — a particularly concerning sign, since diesel price can affect prices across the economy.

3. Schoolhouse rockThe House of Representatives passed legislation yesterday that would block members of Congress from purchasing individual stocks while in office. The bill, named the Stop Insider Trading Act, now heads to the Senate.

As CNBC's Justin Papp notes, there is widespread public support for a ban on congressional stock trading. But while more than a dozen Democrats voted in support of the GOP-led bill, others in the party said the legislation doesn't go for enough to stop all stock trading.

Meanwhile, the Senate is considering an updated bill that would bar presidents and other federal officials from sponsoring cryptocurrency and other digital assets. President Donald Trump has signed off on the ethics section of the bill, according to Sen. Bernie Moreno, R-Ohio.

4. Tale of two timelinesEuropean Union antitrust regulators gave the green light to the proposed Paramount-Warner Bros. Discovery merger yesterday. The approval comes as the deal faces delays in the U.S. thanks to a lawsuit from a group of state attorneys general.

The European Commission said Paramount, in order to receive its approval, agreed to divest its stake in a film distribution joint venture in Europe with United International Pictures. The entertainment giant also said it wouldn't enter into a distribution deal with Universal in the continent over the next 10 years.

In other media news, Comcast beat estimates this morning and said that NBCUniversal's streaming service, Peacock, reached profitability for the first time. The company is preparing to spin off its media businesses.

5. More cutsAmazon is laying off more workers, this time in its generative artificial intelligence unit.

The ecommerce giant declined to say how many staffers or what parts of its AGI business were affected. An Amazon spokesperson told CNBC that "we're sharpening our focus on the initiatives that matter most for customers, so we can move faster on what counts."

As CNBC's Annie Palmer notes, the Washington-based company has downsized in recent years after a hiring surge during the pandemic. The headcount cuts also come as Amazon spends big on building out AI infrastructure.

The Daily DividendCNBC's Steve Liesman analyzed Federal Reserve Chair Kevin Warsh's most-used phrases across five recent public appearances. Here are the three that kept coming up, and how many times the Warsh used them:

"Family fight": 13"First principles": 11"Inflation is a choice": 6— CNBC's Samantha Subin, MacKenzie Sigalos, Jordan Novet, Jonathan Vanian, Lora Kolodny, Tanaya Macheel, Matt Peterson, Pippa Stevens, Spencer Kimball, Emily Wilkins, Lillian Rizzo, Annie Palmer and Steve Liesman contributed to this report.

Luke Fountain assisted in the production of this newsletter. Josephine Rozzelle edited this edition.

Amazon (AMZN) shares are seeing more pressure Thursday after Alphabet (GOOGL) and Tesla (TSLA) signaled a CapEx increase in earnings. @CharlesSchwab's Ben Watson shows the short and long-term price action in the stock to highlight key support and resistance areas investors need to watch.

Amazon.com stock is trending lower. What’s pulling AMZN shares down? Earnings Preview & HistoryAmazon is scheduled to report second-quarter earnings on July 30. Analysts estimate EPS of $1.82 along with revenue of $196.02 billion. For the prior quarter, Amazon reported EPS of $2.78, beating the consensus estimate of $1.64. The company also posted revenue of $181.52 billion, exceeding the consensus estimate of $177.29 billion.

Over the last four quarters, Amazon has averaged an EPS surprise of 0.30% and a revenue surprise of 0.02%.

What To WatchInvestors will be watching AWS revenue growth and operating margin closely, since that’s the clearest signal of whether enterprise AI demand is actually boosting cloud profitability rather than just driving up capex and depreciation. Advertising revenue growth is another key figure to track, as it can help offset retail margin pressure and keep overall operating income moving in the right direction.

In North America and International retail, the focus shifts to operating income and fulfillment cost trends — if shipping and logistics costs start climbing again, they could quickly eat into any gains from stronger sales.

Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price forecast of $320.10. Recent analyst moves include:

Wells Fargo: Overweight (Raises Target to $322.00) (July 21) Keybanc: Overweight (Raises Target to $335.00) (July 16) Wedbush: Outperform (Target $293.00) (July 16) A Tug-of-War Above the 200-Day AverageFrom a trend perspective, Amazon is in a "tug-of-war" zone: it’s trading 2.1% below the 20-day SMA ($243.61) and 4.8% below the 50-day SMA ($250.60), but it’s still 1.7% above the 200-day SMA ($234.46). That mix often reads as a pullback inside a longer uptrend, with the 200-day acting as the line bulls want to defend.

Momentum is also fairly balanced, with RSI at 47.59 (neutral), suggesting the stock isn’t stretched enough to force either capitulation selling or a snapback rally on momentum alone. In practice, that puts more weight on nearby levels and moving averages—especially whether price can reclaim the 20-day/50-day area on rebounds.

The moving-average structure is mixed: the 20-day SMA is below the 50-day SMA (a bearish near-term crossover), while the 50-day SMA remains above the 200-day SMA after the golden cross in May. Traders will often treat that as "long-term trend intact, short-term trend under pressure," which fits with the recent swing high in May followed by a swing low in June.

Key levels are fairly clean here, with overhead supply near the mid-$240s to around $250 and a more meaningful downside reference well below current price. A break and hold back above the 50-day area would improve the near-term picture, while losing the 200-day would raise the odds that the pullback is turning into something deeper.

Key Resistance: $249.50 — lines up closely with the 50-day SMA area ($250.60), a common spot where rebounds can stall Key Support: $225.00 — a nearby downside level traders may watch as a prior demand zone if the pullback accelerates Benzinga Edge RankingsBelow is the Benzinga Edge scorecard for Amazon, highlighting its strengths and weaknesses compared to the broader market:

The Verdict: Amazon’s Benzinga Edge signal reveals a growth-heavy profile with only moderate momentum, which fits a stock that can trend long-term but still chop around key moving averages in the short run. For traders, that often means waiting for either a reclaim of the $249.50 area or a cleaner dip toward support before pressing directional bets.

Amazon Shares Edge LowerAMZN Price Action: At the time of publication, Amazon shares are trading 3.11% lower at $237.24, according to data from Benzinga Pro.

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