Track market-moving stories before they get noisy

Yeti (YETI - Free Report) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +21.82%. A quarter ago, it was expected that this maker of outdoor and recreational products would post earnings of $0.17 per share when it actually produced earnings of $0.26, delivering a surprise of +52.94%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Yeti, which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $483.87 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.20%. This compares to year-ago revenues of $445.89 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Yeti shares have added about 15.1% since the beginning of the year versus the S&P 500's gain of 13.2%.

What's Next for Yeti?While Yeti has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Yeti was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.86 on $522.48 million in revenues for the coming quarter and $2.88 on $2.01 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Leisure and Recreation Products is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Academy Sports and Outdoors, Inc. (ASO - Free Report) , another stock in the same industry, has yet to report results for the quarter ended July 2026.

This company is expected to post quarterly earnings of $2.12 per share in its upcoming report, which represents a year-over-year change of +9.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Academy Sports and Outdoors, Inc.'s revenues are expected to be $1.66 billion, up 3.7% from the year-ago quarter.

Helios Technologies (NYSE:HLIO) reported second-quarter 2026 sales growth, margin expansion and record second-quarter operating cash flow, prompting the company to raise its full-year outlook.

Second-quarter sales totaled $232 million, up 9% from $212 million a year earlier. On a pro forma basis, excluding the effects of the CFP divestiture and foreign exchange, sales rose 16% year over year. President and Chief Executive Officer Sean Bagan said results marked the company’s fourth consecutive quarter of double-digit pro forma sales and adjusted earnings growth.

“The CORE Strategy is working,” Bagan said, referring to the company’s strategic plan introduced at its investor day five months earlier. He said Helios has completed its stabilization plan and has shifted its focus toward sustained growth, supported by a stronger balance sheet.

Profitability Improves as Sales Rise Gross profit increased 19% to $80 million in the quarter, while gross margin expanded 280 basis points to 34.6%. Helios said the improvement reflected higher volume, favorable mix, operational initiatives, portfolio and footprint actions, and approximately $1 million in net IEEPA tariff refunds.

Operating income rose 48% to $33 million, and operating margin increased 370 basis points to 14%. Adjusted operating margin was 17.8%, up 280 basis points. Adjusted EBITDA increased 25% to $49 million, with adjusted EBITDA margin rising 260 basis points to 21.2%.

Diluted earnings per share were $0.66, up 94% from the prior-year period. Adjusted diluted EPS was $0.88, a 49% increase that exceeded the high end of Helios’ previous outlook by $0.05 per share.

Chief Financial Officer Jeremy Evans said operating expenses increased by $2.2 million, primarily due to employee benefit costs and an isolated bad-debt expense. Excluding those items, he said expenses were essentially flat year over year while the company increased research-and-development spending.

Both Segments Report Growth Hydraulics segment sales were $146 million. Sales increased 14% on a pro forma basis after normalizing for foreign exchange and the CFP divestiture. Helios reported growth in the Americas and Europe, the Middle East and Africa, while Asia-Pacific sales increased by significant double digits on a pro forma basis.

Construction activity was a key contributor to mobile-market growth, while agriculture also increased. Industrial end-market sales were relatively flat year over year. Hydraulics gross margin expanded 160 basis points to 34.6%, and segment operating income increased 16% to $29 million. Segment operating margin rose 200 basis points to 19.7%.

Electronics sales increased 19% to $86 million, with growth across all regions and particularly strong results in Asia-Pacific. Enovation Controls recorded a second-quarter sales record, supported by recreational-market demand and continued strength from a large original equipment manufacturer customer, the company said.

Electronics also reported growth in health and wellness, mobile and industrial applications, though core markets and marine remained soft. Gross profit in the segment rose 41%, while gross margin expanded 530 basis points to 34.6%. Segment operating income nearly doubled to $11 million and operating margin increased 490 basis points to 13.1%.

Bagan said Helios expects to continue outgrowing underlying end markets through commercial wins, product launches and deeper customer relationships. He cited opportunities in health and wellness, including new Balboa products expected to enter the market over the next six to nine months, as well as growth in China and broader Asia-Pacific markets.

Cash Flow, Footprint Actions and Capital Allocation Helios generated a second-quarter record of $42 million in operating cash flow and $31 million in free cash flow. Capital expenditures totaled $11 million, or 4.9% of sales, reflecting increased strategic organic investment. The company said its cash conversion cycle improved by 11 days from the comparable period a year earlier.

During the quarter, Helios closed a Faster facility in Canada and further consolidated Faster’s North American operations. Bagan said the company is moving certain activities into a Maumee, Ohio, location while freeing capacity at its Mishawaka, Indiana, operation, where Daman manifold assemblies have experienced growth. The company expects the actions to produce efficiency and cost benefits beginning in the second half of 2026.

Capital spending is expected to support manufacturing capacity for data-center thermal-management couplings, low-cost engineering and manufacturing operations in Mexico, India and China, and automation and productivity projects. Evans said the company’s updated CapEx outlook is 4% to 4.5% of sales.

Helios ended the quarter with net debt of $264 million, its lowest level since the third quarter of 2020. Its trailing 12-month net debt-to-adjusted EBITDA ratio declined to 1.4 times from 2.6 times a year earlier, below the company’s 1.5 to 2.5 times target operating range.

The company paid a quarterly dividend of $0.12 per share and repurchased about 79,000 shares for $6 million during the quarter. Helios had $76 million remaining under its repurchase authorization and said year-to-date shareholder returns through dividends and buybacks totaled $18 million, up 40% from the first half of 2025.

Outlook Raised; Data-Center Opportunity Remains in Development Helios raised its 2026 sales outlook to a range of $880 million to $900 million, compared with $839 million reported in 2025 and $792 million on a pro forma basis excluding CFP sales. At the midpoint, the guidance implies 12% growth from 2025 and would represent the highest annual sales in company history, according to management.

Hydraulics sales are projected at $555 million to $565 million, representing approximately 13% pro forma growth at the midpoint. Electronics sales are expected at $325 million to $335 million, or 11% growth at the midpoint. Adjusted EBITDA margin is forecast at 20.2% to 21%. Adjusted diluted EPS is forecast at $3.05 to $3.25, representing 23% growth at the midpoint. For the third quarter, Helios expects sales of $215 million to $222 million, adjusted EBITDA margin of 19.8% to 20.6%, and adjusted diluted EPS of $0.70 to $0.77.

Management said it is seeing strong order trends and commercial-win activity, but remains mindful of tougher comparisons in the second half, along with energy and fuel prices, tariffs, inflation and geopolitical tensions.

Helios is also preparing to enter the data-center thermal-management market through Faster couplings. The company has completed qualifications required to meet industry standards, is building inventory and has product samples with approximately a dozen prospective customers. Management said it has not included data-center revenue in its 2026 guidance, though it would be disappointed if orders did not emerge in the second half.

Evans said Helios expects modest data-center sales in 2027 followed by a gradual ramp, subject to customer qualification processes. Bagan said the company generally expects to sell to equipment integrators building cooling racks, while its products must also be validated by hyperscale data-center operators.

About Helios Technologies (NYSE:HLIO) Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.

Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.

AECOM (NYSE:ACM) reported record quarterly wins and a 13% increase in backlog during its fiscal third quarter of 2026, but the infrastructure consulting company also recorded a $337 million pre-tax charge tied primarily to delays on a large Construction Management project.

Chief Executive Officer Troy Rudd said the delayed project, bid in 2019, has been affected by several factors, most notably subcontractor productivity during its final phase. AECOM now expects substantial completion near the end of the second quarter of fiscal 2027, rather than in the first quarter.

“We are disappointed with this outcome,” Rudd said, adding that the company has changed leadership and tightened risk controls since the project was bid. He said AECOM no longer pursues design-build work for public-private partnership clients in its Construction Management business because of the risks associated with that structure.

Construction Management Projects Weigh on Cash Flow The company said the charge affected net service revenue and EBITDA by $337 million and reduced earnings per share by $1.99. Cash flow included a $185 million use during the quarter related to the Construction Management projects.

AECOM has two design-build P3 projects in its Construction Management portfolio. The second project remains on track for substantial completion in the first quarter of fiscal 2027, management said. Both projects have claims associated with delays that the company said were not caused by AECOM.

Rudd said the company is pursuing “sizable claims” on the first project and cited progress in the dispute-resolution process. Chief Financial and Operations Officer Gaurav Kapoor said claims related to the two projects should remain in a range of roughly $600 million to $650 million through completion, though the amount AECOM is claiming from third parties is higher.

Management expects the projects to continue burdening cash flow through the first half of fiscal 2027. Rudd said the overall cash impact in the first two quarters of fiscal 2027 is expected to be about $500 million. Kapoor added that higher average debt balances are expected to raise interest expense by $30 million to $35 million year over year in 2027.

The company expects free cash flow of $300 million for fiscal 2026, down from its prior expectation of $400 million. Despite the project-related headwinds, AECOM generated $55 million in positive free cash flow during the third quarter.

Backlog Reaches Record High AECOM said quarterly wins drove a 1.6x book-to-burn ratio across the company and a 1.8x ratio in the Americas. Year-to-date book-to-burn was 1.4x. Backlog reached a new record, rising 13% from a year earlier.

Adjusted for one fewer working day, net service revenue in the design business increased 5%, led by 6% growth in the Americas design business and 4% growth in International. Rudd said total growth fell short of expectations because of slower-than-anticipated project starts in Construction Management and the continuing effect of conflict in the Middle East.

President Lara Poloni highlighted two large environment-business recompetes, one involving a public-sector client and one a private-sector client. She said the scope of work on both projects expanded significantly.

In the United States, Poloni said state and local clients continue to prioritize highways, bridges, transit, rail and water projects. AECOM’s U.S. water pipeline grew 30% during the quarter, while its Department of Defense pipeline also increased by about 30%.

Poloni also cited private-sector demand, particularly from data centers and hyperscale customers. In Canada, activity remained broad-based across markets and contributed to continued double-digit net service revenue growth. After quarter-end, the company won a 10-year program management role on a highway and bus-transit project, one of its largest Canadian wins to date.

International Growth and Margin Improvement International net service revenue increased 4%, with growth led by the United Kingdom and Australia. The International segment’s backlog rose 28% year over year, while adjusted operating margin was 14.3%.

Kapoor attributed the margin improvement to stronger growth in Australia, which he described as a higher-margin market; better utilization in the United Kingdom; and initial benefits from the company’s proprietary artificial intelligence strategy.

In the U.K., net service revenue growth accelerated to the high single digits, supported by water, environment and energy work, including the Great Grid Upgrade program. Australia posted double-digit growth, and its backlog rose more than 40% year over year. The Middle East remained affected by uncertainty in tourism- and hospitality-related markets, although backlog there grew at a double-digit rate and AECOM won a large Saudi Arabian rail project after the quarter ended.

Updated Fiscal 2026 Outlook AECOM updated its outlook to reflect the Construction Management charge, lower-than-expected net service revenue growth and margin performance. The company now expects fiscal 2026 net service revenue of approximately $7.3 billion, adjusted EBITDA of $950 million and adjusted EPS of $4.05 at the midpoint of its guidance ranges.

Excluding the impact of the charge for comparability, AECOM said it expects net service revenue of $7.65 billion to $7.7 billion, adjusted EBITDA of $1.29 billion and adjusted EPS of $6 at the midpoints. The company raised its expected adjusted EBITDA margin to 17.4%, from 17% previously.

Kapoor said the Americas adjusted operating margin was negative 16.1% because of the Construction Management impact. Excluding that impact, the margin was 18%, though it was affected by slower Construction Management project starts and elevated business-development spending. He said Americas margins are expected to normalize in the fourth quarter.

Looking toward fiscal 2027, Rudd said AECOM continues to expect its long-term organic growth algorithm of 5% to 8% to apply to the entire business, including Construction Management. He said Construction Management growth is expected to contribute more meaningfully in the second half of fiscal 2027 as newer awards ramp up and employees are redeployed from the two legacy projects.

About AECOM (NYSE:ACM) AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.

AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.

, /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, its energy storage solutions business, has successfully completed Large-Scale Fire Testing (LSFT) for its KuBank 3.0 commercial and industrial (C&I) energy storage system under the latest UL 9540A:2026 standard, becoming the industry's first to pass this rigorous large-scale fire test.

KuBank 3.0 delivers up to 940 kWh of energy capacity in a single liquid-cooled cabinet. Built with advanced 314 Ah LFP battery cells, it supports flexible 400V, 690V, and 800V architectures, offers integrated load connection, enables seamless transitions between grid-connected and islanded operation, and holds comprehensive international certifications.

The LSFT is a rigorous system-level safety evaluation designed to assess how an energy storage system behaves under extreme fire conditions, including whether fire can be contained within the tested unit and prevented from propagating to adjacent systems. For customers, this validation is critical because it provides third-party visibility into fire safety performance, supports permitting and project approval processes, and helps reduce deployment risk in C&I environments.

Conducted under highly demanding conditions, the test evaluated a fully charged 940 kWh system with thermal runaway intentionally initiated and all fire suppression systems disabled. During the approximately four-hour fire event, no explosion occurred, the cabinet structure remained intact, and no fire propagation was observed in neighboring units. KuBank 3.0 passed the test on its first attempt without corrective actions, validating its advanced safety performance under the latest UL 9540A:2026 standard. The test was witnessed and independently verified by both TÜV Rheinland, the testing agency, and Energy Safety Response Group (ESRG), a fire safety consultant.

Designed with an independent physical compartment architecture, high-strength fire-resistant construction, and advanced thermal insulation materials, KuBank 3.0 enhances fire safety performance at the system level. Its intelligent liquid-cooling system maintains battery temperatures within the optimal operating range with a temperature deviation of ≤3°C, while its multi-layer active safety architecture integrates zone isolation, early thermal runaway monitoring, multi-stage fire detection, and protection technologies to support safe and reliable operation.

Jeff Roy, President of e-STORAGE, said, "Passing this large-scale fire test on the first attempt demonstrates the strength of KuBank 3.0's safety-first design. As safety standards continue to evolve, customers need energy storage solutions that have been validated under the most demanding real-world conditions. This achievement provides greater confidence in the safe deployment of KuBank 3.0 across C&I applications."

KuBank 3.0 has entered mass production and is now available to customers worldwide.

About TÜV Rheinland

As a leading global testing and certification body, TÜV Rheinland provides technical services that support the green energy transition. With a focus on reliability, innovation, and sustainability, TÜV Rheinland helps the industry address technical challenges and establish high-quality standards.

About Energy Storage Response Group (ESRG)

ESRG is a U.S.-based consulting firm specializing in battery energy storage system (BESS) safety, fire protection, and regulatory compliance. Backed by experienced fire service professionals and engineers, ESRG provides technical consulting, risk assessment, permitting support, and emergency response planning, helping manufacturers, developers, utilities, and regulators deploy energy storage systems safely and in compliance with industry standards.

About Canadian Solar Inc.

Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a $3.5 billion contracted backlog as of May 8, 2026. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12.2 GWp of solar power projects and 6.4 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About e-STORAGE

e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in designing, manufacturing, and integrating battery energy storage systems for utility-scale applications. e-STORAGE offers proprietary battery energy storage systems (BESS) spanning battery cells, battery PACKs, power conversion systems (PCS), energy management systems (EMS) and system integration. It also provides comprehensive EPC services and full-lifecycle station operation and asset management, helping customers improve grid operations across the project lifecycle. For more info, please refer to the Media&PR section of www.csestorage.com and follow our LinkedIn page.

Safe Harbor/Forward-Looking Statements 

Certain statements in this press release, including those regarding the Company's expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "may", "will", "expect", "anticipate", "future", "ongoing", "continue", "intend", "plan", "potential", "prospect", "guidance", "believe", "estimate", "is/are likely to" or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

Canadian Solar Inc. Investor Relations Contact
Wina Huang
Investor Relations
Canadian Solar Inc.
[email protected]

SOURCE Canadian Solar Inc.

Německý energetický gigant RWE zveřejnil výsledky hospodaření za první pololetí roku 2026, ve kterém zvýšil zisky napříč všemi segmenty. Společnost potvrdila zvýšený výhled pro letošní rok a zároveň kvůli transakci s Amprionem navýšila plán letošních čistých investic. Do roku 2031 očekává průměrný roční růst očištěného zisku na akcii i dividendy o 10 %.

Výsledky společnosti RWE (RWE) za 1H 2026   1H 2026 1H 2025 Očištěný zisk EBITDA (mld. EUR) 3,01 2,09 Očištěný zisk EBIT (mld. EUR) 1,79 1,08 Očištěný čistý zisk (mld. EUR)
1,26 0,79 Výsledky za první pololetí 2026 Očištěný zisk EBITDA meziročně vzrostl o 44 % na 3,01 mld. EUR. Hlavními tahouny byly lepší větrné podmínky v Evropě a uvedení nových větrných a solárních elektráren a bateriových úložišť do provozu, přičemž od konce června 2025 RWE rozšířilo svou výrobní kapacitu celkem o 2,6 GW. Kladně se do výsledků promítla také kompenzační platba od Nizozemska ve výši 332 mil. EUR za dočasné omezení výroby elektřiny z uhlí v první polovině roku 2022.

Očištený zisk EBITDA v 1H 2026 dle segmentu
(mil. EUR) Segment 1H 2026 1H 2025 Větrné elektrárny na moři (offshore) 810 643 Větrné elektrárny na pevnině (onshore) a solární elektrárny 1 016 830 Flexibilní výroba 1 025 606 Dodávky & obchodování 134 16 Ostatní, konsolidace 26 -3 Očištěný zisk EBIT se meziročně zvýšil o 65 % na 1,79 mld. EUR.

Očištěný čistý zisk vzrostl o 59 % na 1,26 mld. EUR.

Očištěný zisk na akcii dosáhl 1,77 EUR oproti 1,08 EUR ve stejném období loňského roku.

Investice a finanční pozice Od začátku roku RWE uvedlo do provozu 752 MW nových výrobních kapacit a rozšířilo své portfolio obnovitelných zdrojů, flexibilní výroby a bateriových úložišť na téměř 41 GW. Dalších 10,3 GW kapacity je aktuálně ve výstavbě. V prvních šesti měsících roku 2026 společnost čistě investovala 6,3 mld. EUR. Po zohlednění transakce s Amprionem (kdy se společnost dohodla na získání 35% nepřímého podílu za 3,6 mld. EUR, čímž zvýší svůj celkový nepřímý podíl na 55 %) nyní společnost plánuje celkové čisté investice za celý rok ve výši 9 až 11 mld. EUR (dříve společnost odhadovala 6 až 8 mld. EUR).

Na konci pololetí společnost vykázala čistý dluh ve výši 15,0 mld. EUR. Nárůst oproti konci roku 2025 souvisel především s vysokými investičními výdaji a sezonními vlivy na očištěné provozní hotovostní toky. Ukazatel zadlužení (poměr čistého dluhu k očištěné EBITDA) by měl kvůli rostoucím čistým investicím oproti roku 2025 vzrůst, společnost však očekává, že zůstane pod cílovým pásmem, které je stanoveno na spodní hranici rozmezí 3,0x až 3,5x.

Výhled Společnost již na konci července oznámila zvýšení celoročního výhledu:

Očištěný zisk EBITDA ve výši 5,75 až 6,35 mld. EUR. Společnost dříve očekávala 5,20 až 5,80 mld. EUR. Trh projektoval 5,88 mld. EUR. Očištěný zisk EBIT v rozmezí 3,30 až 3,90 mld. EUR. Dříve 2,80 až 3,40 mld. EUR. Konsensus činil 3,46 mld. EUR. Očištěný čistý zisk v rozmezí 1,95 až 2,45 mld. EUR. Dříve 1,55 až 2,05 mld. EUR. Očekáváno bylo 2,07 mld. EUR. Do roku 2031 firma očekává průměrný roční růst očištěného zisku na akcii o 10 % na 4,55 EUR na akcii v roce 2031.

Dividenda Společnost potvrdila dividendový cíl za rok 2026 ve výši 1,32 EUR na akcii. Dividenda by následně měla do roku 2031 růst tempem 10 % ročně.

Komentář CEO „RWE dosáhlo v prvním pololetí vynikající provozní výkonnosti a výrazně posílilo svou platformu pro dlouhodobý růst zisků. Naše zvýšené cíle podtrhují sílu našeho podnikání a naše výborné růstové vyhlídky. Navýšením podílu v Amprionu na většinový podíl rozšiřujeme svou přítomnost v další atraktivní růstové oblasti. Díky širokému portfoliu obnovitelných zdrojů, flexibilní výroby, bateriových úložišť, obchodování s energiemi a síťové infrastruktury jsme dobře připraveni těžit z rostoucí globální poptávky po elektřině a z nutného rozšiřování energetického systému. S celkovými čistými investicemi ve výši 42 mld. EUR do roku 2031 budeme tyto příležitosti důsledně a hodnototvorným způsobem využívat," uvedl generální ředitel Markus Krebber.

Pohled analytiků Analytici z Barclays vyzdvihli několik pozitivních sdělení. Společnost podle nich vidí další skrytou hodnotu ve svém atraktivním portfoliu lokalit, přičemž dvě smlouvy týkající se datových center se blíží k uzavření. RWE zároveň explicitně upozornilo na možný prostor pro překonání výhledu na roky 2026 a 2027 při současném vývoji cen komodit.

Analytici z Morgan Stanley poznamenali, že hospodaření dopadlo v souladu s očekáváním po předběžném zveřejnění z 28. července. RWE podle nich naznačilo prostor pro překonání celoročního výhledu na roky 2026 a 2027.

Analytici z RBC Capital uvedli, že jak čísla za rok 2026, tak budoucí výhled trh již znal a RWE přidalo více detailů k investičním plánům a budoucím růstovým příležitostem. Katalyzátory nadále vidí v německých tendrech na plynové zdroje a v britské aukci AR8.

Vývoj akcie

Michal Bárta, Fio banka, a.s.

Space Exploration Technologies Corp (SPCX +9.65%) released its first earnings report as a public company earlier this month.

The results were muddled. On one hand, revenue of $7.8 billion soared 92% from the same quarter a year ago. On the other hand, capital expenditures also soared to nearly $18.7 billion, up from roughly $2.8 billion a year ago and about $10.1 billion from the prior quarter.

However, the financials are only a small part of the story as the company ramps up its various business lines. Investors may have been more interested in what Chief Executive Officer Elon Musk had to say on the company's earnings call.

Here was the most shocking piece of information Musk divulged.

SpaceX CEO Elon Musk. Image source: The White House.

The company expects to ramp up AI compute incredibly fast SpaceX runs a slate of businesses, one of which is the artificial intelligence (AI) division, which the company acquired through its purchase of another Musk company, xAI. XAI also includes several businesses, such as the social media platform X, Grok Intelligence, and the company's data center business.

Although Musk hopes to eventually launch data centers in space, which would ideally take advantage of the sun for power and the natural environment of space to keep the chips cool, SpaceX already has data centers on Earth.

SpaceX's Colossus data center group includes facilities in Tennessee and Mississippi with roughly 1 to 1.4 gigawatts (GW) of capacity. SpaceX has already struck major compute lease deals with Anthropic and Alphabet that could collectively generate roughly $2.2 billion of revenue per month.

And this is just the beginning, according to Musk, who told Wall Street analysts on SpaceX's earnings call that the company's terrestrial data center business should ramp quickly. Musk said he expects SpaceX to end this year with 2 GW of compute and then get close to 10 GW of compute by the end of 2027.

Today's Change

(

9.65

%) $

12.86

Current Price

$

146.15

Interestingly, when providing this outlook, Musk described it as "...our cumulative compute online...," implying that this compute could be ready for monetization.

That shocked me and probably most investors because building the data centers and getting them online are two completely different things. Building one is tough enough when you consider securing land and obtaining all the necessary permits, especially given the public pushback on data centers.

For instance, take the popular neocloud stock Nebius. Nebius is poised to have more than 4 GW of contracted compute power by the end of the year, but only have 800 megawatts (MW) to 1 GW fully online by year-end.

Now, Musk has argued that SpaceX is arguably the best at building data centers.

"In addition, of course, we are providing compute to others, and we are building and deploying compute, I think, faster," he told analysts on the earnings call. "Our rate of growth certainly is faster than anyone else. Our efficiency of compute deployment, I think, is also the highest."

It would be a heroic effort Building and bringing online anywhere near 10 GW of compute by the end of 2027 would be an absolutely heroic effort.

The independent research firm SemiAnalysis estimates that building 10 GW of compute could require $300 billion to $500 billion of capital expenditures. However, the firm sees this as possible and believes it could lead to SpaceX hitting an annual revenue run rate of $300 billion, assuming only half of the compute capacity in 2027 is monetized.

This still would be an incredible feat. If it materializes or gets close, the stock should soar. However, although Musk has accomplished some pretty impressive things, he rarely does it on his projected timeline.

Investors should keep this in mind before deciding to invest in the stock, which is going to be risky and likely quite volatile, given the company's towering valuation of $1.8 trillion (as of Aug. 12).

For most investors, earnings season is the pinnacle of each quarter. The six-week period during which most S&P 500 companies report their quarterly operating results provides invaluable information for investors.

But a strong argument can be made that quarterly Form 13F filings can be equally important. These filings detail which stocks Wall Street's brightest money managers purchased and sold in the latest quarter. The catch is that "money managers" also includes businesses with sizable investment portfolios, such as Alphabet (GOOGL -0.08%)(GOOG -0.18%).

Image source: Getty Images.

When most investors hear the Alphabet name, they think of Google, which holds a virtual monopoly in global internet search, and Google Cloud, the world's No. 3 cloud infrastructure service platform by total spend. But when it comes to investments, Alphabet has proven to be the Warren Buffett of Wall Street.

Google's SpaceX investment has gone parabolic Looking in the rearview mirror, Google acquired streaming platform YouTube in October 2006 for $1.65 billion. Today, YouTube is the second-most-visited social site on the planet, behind only Google, and as a stand-alone entity, it might fetch a valuation of $500 billion (or more).

However, Google's investment in Elon Musk's Space Exploration Technologies (SpaceX) (SPCX +9.65%) may give YouTube a run for its money.

Google initially invested around $900 million in SpaceX in January 2015. At the time, SpaceX was being valued at $12 billion, netting Google a roughly 7.5% stake in the company.

Following several rounds of additional financing, this initial 7.5% stake has been diluted, but to what extent remained a mystery -- until now.

GOOGLE $GOOGL JUST UPDATED ITS STOCK PORTFOLIO

This is everything Google owned as of the end of Q2

SpaceX $SPCX: 551,189,500 shares
Planet Labs $PL: 35,248,893 shares
AST SpaceMobile $ASTS: 8,943,486 shares
CME Group $CME: 3,484,020 shares
ARM Holdings $ARM: 1,960,784 shares... pic.twitter.com/s1hiDUXr81

-- Evan (@StockMKTNewz) August 7, 2026 On Aug. 6, Alphabet filed its 13F with regulators covering its second-quarter trading activity. Given that SpaceX went public on June 12, Google's parent company is now required to include its SpaceX holdings in its quarterly 13F.

As of the end of June, Alphabet revealed a 551,189,500-share stake in SpaceX, worth $94.18 billion, which comprised 95% of its investment portfolio. According to Alphabet's second-quarter filing, $80 billion of this position is subject to short-term sale restrictions, with the remainder restricted through the third quarter of 2027.

Image source: Getty Images.

Alphabet has a knack for spotting deals As of the closing bell on Aug. 7, Google's initial investment in SpaceX has increased in value by more than 8,000% -- and there's more where this came from.

In addition to striking it rich with SpaceX, Google was an early investor in Anthropic, the developer behind the Claude large language models. Alphabet gobbled up a 10% stake in Anthropic in April 2023, pledged another $2 billion (with $500 million upfront) later that year, and announced $40 billion in add-on investments (with $10 billion upfront) in April 2026.

GOOGLE'S INVESTMENTS SHOULD BE STUDIED.

Google owns 7% of SpaceX and 14% of Anthropic, two of the biggest IPOs in history, both listing this year.

$900 million invested in SpaceX in 2015 is now worth $126 billion, a 140x return.

$13 billion invested in Anthropic is now worth... pic.twitter.com/JtF4qEyovm

-- Bull Theory (@BullTheoryio) June 2, 2026 Alphabet is estimated to hold a 14% stake in Anthropic. Despite its total investment in the brainchild behind Claude adding up to less than $13 billion, Alphabet's stake in Anthropic may be worth in excess of $120 billion.

Alphabet has a virtual monopoly on global internet search traffic, has seen Google Cloud sales go parabolic following the integration of artificial intelligence solutions, and has a cash pile that nearly all businesses would envy. But its penchant for making winning investments may be its defining trait.

SummaryCompaniesMicrosoft shut at least 15 China branch offices and joint ventures in past five years, filings showTech firm badly hit by Beijing's push for domestic software, as well as U.S. export restrictionsCompany considered quitting China in 2023 but has no current exit plans, source saysMicrosoft has found a profitable line servicing Chinese companies going globalBEIJING/SHANGHAI, Aug 13 (Reuters) - Microsoft once regarded the idea of quitting China as unthinkable.

The year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy activists, but not Bill Gates and Microsoft's then-CEO Steve Ballmer, who suggested Google ​was overreacting.

Make sense of global markets with the Trading Day newsletter. Sign up here.

In the past five years, however, at least 15 Microsoft branch offices and joint ventures in China have been shut, corporate filings show, and Microsoft is pursuing what five company sources described as a strategy of retreat.

The firm considered quitting the market in ‌2023 because some executives felt it took on too much geopolitical risk for too little economic return, one of them said, while stressing Microsoft has no current plans to exit. China accounted for just 1.5% of global revenue, Microsoft said in 2024.

Microsoft took a major hit from the erosion of trust between Washington and Beijing, the five people said. China has since 2017 pushed the use of domestic software, which Beijing sees as more secure and whose quality is increasingly competitive with Windows and Office. U.S. restrictions, including export controls on advanced technology, have meanwhile hindered efforts to scale Microsoft's lucrative AI and cloud businesses in China.

Details of Microsoft's internal deliberations about its future in China have not previously been reported.

Other U.S. tech giants with large China ​businesses are also reconsidering their exposure amid geopolitical tensions. Apple plans to manufacture in India most iPhones sold to Americans by the end of 2026, while Elon Musk last month denied reports that Tesla is debating separating its China business.

Microsoft ultimately decided to remain because it had carved out a profitable ​business servicing Chinese companies like TikTok owner ByteDance, which need Western technology to manage overseas operations, according to three people familiar with the matter. The company also believed that it needed a presence to maintain access to China's world-class ⁠engineering talent, two of them said.

Microsoft had also cultivated a relationship with the government that is among the deepest of any tech company, its former China head Alain Crozier told Reuters. "Because of the geopolitics … some days it's a little bit harder, but we never had a crisis," he said.

A Microsoft spokesperson did not ​address questions about the firm's deliberations on its China business but said it operates in a regulatory "environment that applies to every international supplier" and that it remains committed to the Chinese market.

The state of Microsoft's China business reflects market competition, regulatory demands and technological trends, the company said.

ByteDance did not respond to questions about its ​relationship with Microsoft.

FILE PHOTO: Microsoft Chairman and founder Bill Gates pauses to read a sign while touring Coal Hill in Beijing, China, March 23, 1994. REUTERS/Dennis Owen Purchase Licensing Rights, opens new tab

CHINA BLUESMicrosoft's engagement with the highest levels of China's government dates back to the early 1990s. Gates made the first of his many visits in 1994 and was received by President Jiang Zemin, who advised the Microsoft co-founder to study Chinese history.

The company has since made various efforts to build a relationship with the ruling Communist Party. Microsoft co-invested in startup incubators with the government and complied with censorship requirements that Google — now part of Alphabet — could not countenance.

By the mid-2010s, however, China had become increasingly suspicious of Western technology after revelations that U.S. firms had helped Washington spy on foreign governments. That was problematic for Microsoft as China's largest companies are either state-owned or maintain close government ties.

Microsoft's response was Windows 10 China ​Government Edition, whose release was personally negotiated between chief executive Satya Nadella and finance ministry officials, according to a person familiar with the matter.

The product was adopted by several government agencies, but did not take off as Microsoft hoped, said Crozier, who ran China operations through 2021.

At around the time of the Windows ​announcement in 2017, the Chinese government introduced new procurement guidelines that it billed as a framework for purchasing "safe and reliable" services. No foreign operating system, including Windows, has been regarded by the government as compliant with those policies, Microsoft said.

Non-compliance did not mean products were banned but it subjected tech administrators who used such services to scrutiny, including having ‌to run more security ⁠checks and seek additional approval, said Paul Triolo, a Washington-based China tech policy expert at DGA-Albright Stonebridge Group.

Reuters reviewed six Chinese government computer-system procurement guides published between December 2023 and May 2026. Five did not recommend Microsoft. The sixth included Windows 10 China Government Edition but said its usage was subject to "additional management requirements," without elaborating.

The Chinese tech and finance ministries did not respond to questions about the effect of regulations on Microsoft's business.

U.S. businesses operating in China, which have long complained about an uneven playing field, have had their confidence further dented by deteriorating Sino-American ties. Just 52% of respondents to the American Chamber of Commerce in China's latest business climate survey said China was a top global investment priority, down from 62% in 2019.

While its efforts to become the Chinese state's tech vendor of choice did not pay off, Microsoft found a second wind with the private sector.

Firms like ByteDance and ultra-fast-fashion retailer Shein have key businesses serving Western customers and rely on ​Microsoft's Azure cloud to manage data in compliance with foreign regulations, two company ​sources said. Microsoft also offers Chinese enterprise clients exclusive access via Azure ⁠to Western AI models from providers like OpenAI, which do not serve China.

By the mid-2020s, helping Chinese firms go global had become Microsoft's largest China-linked business, three people said. Two of them stressed that sales remained small by the firm's global standards.

Analysts have additionally questioned the sustainability of that AI business, which relies on third-party suppliers like OpenAI. Chinese businesses also do not need Azure if they use domestic AI models like Kimi, which are increasingly competitive with Western alternatives while being far ​cheaper.

OpenAI and Shein did not respond to questions.

HUMAN CAPITALMicrosoft has since the 1990s played a central role in building China's tech talent base.

Alongside hiring commercially focused engineers, it also established Microsoft Research China, which concentrates on advanced ​technologies. The lab's alumni include senior leaders at ⁠AI pioneers SenseTime and DeepSeek.

But the recent political pressures have affected Microsoft's ability to retain talent.

U.S. export controls on chips and AI models have restricted the access of Microsoft's China-based engineers to cutting-edge technology. The firm doesn't conduct research on quantum computing and other sensitive technologies in China, Microsoft president Brad Smith told U.S. lawmakers in 2023.

Microsoft considered shutting the lab down but ultimately decided to relocate some top talent, according to two people familiar with the matter. Since the U.S. began restricting AI exports, Microsoft Research China — now known as Microsoft Research Asia — has opened labs in Vancouver, Singapore and Tokyo.

The firm has, however, struggled to convince developers to leave China. It offered 1,000 top ⁠engineers relocation to the ​U.S. and three other Western countries in 2024, but only about a third accepted, the sources said.

Microsoft confirmed it offered transfer opportunities that year but declined to provide more details.

Many senior engineers ​instead left for Chinese universities and tech firms, where they can conduct top-level research while remaining close to family, both sources said.

Microsoft had previously warded off poaching efforts by domestic rivals. The firm had an attrition rate of roughly 17% in the mid-2010s, though Crozier said Microsoft reduced it to under 10% by growing new businesses, like servicing ByteDance, and offering staff global opportunities.

There is "up and ​down in terms of the number of people and maybe some of the things that were developed over there," he said. "But we never change one inch of the fact that we will bring technology into China… for China, for Chinese companies."

Reporting by Eduardo Baptista in Beijing and Casey Hall in Shanghai; Editing by Katerina Ang

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

Eduardo Baptista is Chief Technology Correspondent, Greater China, for Reuters, based in Beijing. He covers artificial intelligence, semiconductors and emerging technologies. He holds a BA in History from the University of Cambridge.

Casey is the Shanghai bureau chief and a senior correspondent covering companies in China, reporting on the biggest issues facing local and global businesses operating in the world's second largest economy. The Australian-born journalist has been based in Shanghai since 2007.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© Shutterstock / Below the Sky

I keep buying NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), and the buy button has become a habit. Every quarter sharpens the case for adding shares. This is my highest-conviction position because the world is rewiring itself around AI compute, and Jensen Huang’s company is the toll booth on the road everyone is paving.

AI is moving from single-shot chatbots to continuous, multi-step agentic workflows that multiply compute and memory demands on every data center. Huang put it bluntly on the last call: “The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.” Reasoning models chew through a hundred to a thousand times more tokens than a one-shot query. Every token routes through NVIDIA silicon.

The Receipts I Keep Coming Back To Q1 FY2027 revenue landed at $81.615 billion, up 85.23% year over year, with Data Center at $75.246 billion (+92%). Data Center Networking at $14.8 billion, up 199% shows the full-stack moat in the P&L. NVLink, Spectrum-X, and InfiniBand are the plumbing agentic AI needs, and customers are paying for the whole rack.

Profitability: Non-GAAP gross margin of 75.0%, ROE of 101.5%, ROIC of 92.2%, and net debt/EBITDA of 0.006. Free cash flow was $48.554 billion in a single quarter. That balance sheet funds the next architecture cycle without asking for permission.

Capital return signals management sees runway ahead. The quarterly dividend rose from $0.01 to $0.25, and the board added an $80 billion buyback authorization on top of the $38.5 billion already outstanding. Companies that think the story is ending do not do that.

Why NVIDIA Over the Obvious Alternative The name a reader reaches for first is Advanced Micro Devices (NASDAQ:AMD). I own some, but my incremental dollar lands here. The reason is the networking line. A GPU competitor can match a chip. Matching CUDA, NVLink Fusion, Spectrum-X, and the software stack that runs in every cloud and every frontier model is a different problem. Even Intel (NASDAQ:INTC) chose to co-develop custom data center and PC products with NVIDIA using NVLink. When your rival plugs into your interconnect, that is the moat announcing itself.

The Risk I Refuse to Wave Away China export controls are real. Q1 saw no H20 shipments to China, and Q2 guidance of $91.0 billion, plus or minus 2%, explicitly assumes zero China Data Center compute. Add $119 billion in supply commitments and hyperscaler concentration near 50% of Data Center revenue, and concentration risk is real. Demand outside China absorbs supply faster than TSMC can print wafers. The roadmap from Blackwell Ultra to Vera Rubin gives multi-year visibility into a product cycle customers have already committed capital toward.

Why the Buy Button Stays Active At $224.09 and a P/E near 45, This is a premium multiple, paid for a company earning $1.87 a share off a 5-for-5 beat streak while building the operating system for the next industrial revolution. As long as agentic AI multiplies tokens, and NVIDIA remains the only place they can run at scale, my next contribution goes to the same ticker.

Contact [email protected] for any questions or corrections.

Micron Technology, Inc. (NASDAQ:MU) stock traded lower Thursday morning, even as U.S. stock futures pointed slightly higher. Nasdaq futures rose 0.07%, while S&P 500 futures gained 0.18%.

AI Storage Demand Boosts NAND MarketMicron’s premarket decline comes despite a favorable industry backdrop. The company is benefiting from a shift toward higher-value NAND products as artificial intelligence fuels demand for enterprise storage, according to Counterpoint Research.

Enterprise solid-state drives accounted for 48% of global NAND shipments in the second quarter, nearly double their 26% share a year earlier. Counterpoint said rising AI inference demand tightened supply and helped push industry revenue to record levels.

Micron Holds 13% Of NAND ShipmentsMicron held about 13% of NAND shipments. It trailed Samsung Electronics Co., Ltd. (OTC:SSNLF), SK hynix Inc. (NASDAQ:SKHY), privately held Yangtze Memory Technologies Co., or YMTC, and Kioxia Holdings Corporation.

However, Micron remained ahead of YMTC by revenue despite the Chinese rival capturing a larger 14% shipment share. Sandisk Corporation (NASDAQ:SNDK) held an 11% shipment share.

Premium NAND Mix Could Drive ProfitabilityCounterpoint said NAND profitability through 2027 will increasingly depend on selling the right mix of higher-value products rather than simply shipping more bits. That trend could favor suppliers with greater exposure to premium enterprise storage as AI infrastructure expands.

Against that backdrop, Micron’s Thursday decline puts more focus on technical levels following the stock’s recent consolidation.

Micron Technical AnalysisMicron traded 3.4% above its 20-day simple moving average of $879.08. However, it remained 5.8% below its 50-day SMA of $965.16.

The longer-term trend remains stronger. Micron traded 18.5% above its 100-day SMA of $767.27 and 66.8% above its 200-day SMA of $545.19.

The relative strength index stood at 50.23. An RSI near 50 signals neutral momentum, meaning neither buyers nor sellers have a clear advantage.

Micron’s 20-day SMA remains below its 50-day SMA, a bearish short-term signal. However, its 50-day SMA remains above the 200-day SMA, supporting the longer-term bullish trend.

Key resistance: $1,012. Key support: $891.50, near the 20-day exponential moving average of $891.82. Micron Earnings And Analyst OutlookMicron’s next earnings report is estimated for Sept. 22.

Wall Street expects earnings of $31.27 per share, up from $3.03 a year earlier. Revenue is projected at $50.81 billion, compared with $11.31 billion a year ago.

Micron carries a Buy consensus rating and an average price forecast of $1,537.50. Recent analyst actions include:

Citigroup: Buy, lowered price forecast to $1,150 on Aug. 7. KeyBanc: Overweight, raised price forecast to $1,750 on July 14. Cantor Fitzgerald: Overweight, raised price forecast to $2,000 on June 29. Benzinga Edge RankingsMicron scores strongly across several Benzinga Edge measures. Its Momentum score stands at 99.59, Quality at 97.41 and Growth at 91.47. Its Value score is lower at 34.24.

The rankings point to strong momentum, quality and growth, while valuation remains the weaker part of the profile.

MU Price ActionMU Stock Price Activity: Micron Technology shares were down 0.72% at $904.75 during premarket trading on Thursday, according to Benzinga Pro data.

Image via Shutterstock

Read Next

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Retirees living off portfolio income don’t get to sync their grocery bills, utility payments, and Medicare premiums to a quarterly calendar. Monthly dividend payers solve that mismatch. With the Fed funds upper bound holding at 3.75% since December 2025 and the 10-year Treasury sitting at 4.72% as of August 10, income seekers face a real choice between risk-free bonds and dividend equities that can grow with inflation. The five names below all pay every month, all trade on US exchanges, and each just reported Q2 2026 results that inform how safe the next 12 checks look.

A quick structural note: the four REITs here (O, ADC, STAG, LTC) are pass-through entities required to distribute at least 90% of taxable income, and Main Street Capital is a Business Development Company (BDC) subject to the same 90% rule. All issue standard 1099s, not K-1s.

Realty Income (O) Realty Income (NYSE:O | O Price Prediction) is the benchmark monthly payer. Q2 2026 delivered revenue of $1.55B, up 9.7% year over year, and AFFO per share of $1.09, up 3.8%. Management raised full-year AFFO guidance to $4.44 to $4.45 and lifted 2026 investment volume guidance to $10.0B, aided by a newly announced $6B hyperscale data center joint venture. Portfolio occupancy sits at 98.8%, and the company just declared its 115th consecutive quarterly dividend increase, extending a streak of 670 straight monthly payouts.

The August 14, 2026 payment of $0.271 per share annualizes to $3.252, a yield near 5% on the $61.89 close on August 11. Shares are up 13.14% year to date. Risk to flag: Net Debt/EBITDAre ticked up to 5.4x from 5.2x, and non-investment-grade tenants still make up the majority of ABR.

Agree Realty (ADC) Agree Realty (NYSE:ADC) is a net-lease retail REIT skewed toward investment-grade tenants. Q2 2026 revenue was $205.1M, up 16.85% year over year, with AFFO per share of $1.14, up 7.4%. CEO Joey Agree called it "the most active investment quarter and first half in Company history," backed by record Q2 investment of roughly $502M at a 7.0% cap rate. Portfolio occupancy is 99.8%, and 73.2% of ABR comes from investment-grade tenants, an unusually high figure for the sector.

The July monthly dividend of $0.267 pays August 14 and represents a 4.3% year-over-year increase. Shares closed at $73.39, up 4.4% YTD but down 5.53% over the past month. Risk: interest expense jumped to $40.3M from $32.3M, and the quarter included a $5.9M impairment provision.

STAG Industrial (STAG) STAG Industrial (NYSE:STAG) owns single-tenant warehouses across the US, giving retirees exposure to logistics and e-commerce infrastructure. Q2 marked the fourth consecutive EPS beat, with revenue of $224.37M (+8.08%) and Core FFO per share of $0.65 (+3.2%). New lease cash rent change was a striking +19.8%, and same-store cash NOI grew 3.4%. CEO Bill Crooker said "STAG enters the back half of 2026 with an active pipeline, a fortified balance sheet, and clear momentum."

The forward dividend of $1.518 yields around 4% on the $36.74 close. Analyst target price is $42.08. Trailing P/E is 28x. Risk: interest expense rose to $37.5M from $33.6M, and total portfolio occupancy slipped to 94.5%.

Main Street Capital (MAIN) Main Street Capital (NYSE:MAIN) is a Houston-based BDC lending to lower-middle-market businesses. Q2 2026 produced adjusted EPS of $1.04, beating the $0.96 estimate, an annualized ROE of 18.9%, and NAV per share of $33.92, up $0.46 sequentially. Non-accruals held at 1.1% of the portfolio at fair value, and a $46.4M realized gain on Centre Technologies boosted results.

Retirees get a stacked income stream: regular monthly dividends of $0.265 through Q3, rising to $0.265 in Q4, plus a 20th consecutive supplemental of $0.30 paid in September. Shares closed at $59.03, up 12.22% over the past month. Risk: total investment income fell 15.7% year over year, and continued benchmark rate cuts would pressure floating-rate income.

LTC Properties (LTC) LTC Properties (NYSE:LTC) is a healthcare REIT reinventing itself around seniors housing operations (SHOP). Q2 2026 revenue jumped 64.11% year over year to $98.86M, and Core FFO per share of $0.68 blew past the $0.44 estimate. SHOP now covers 39 communities across 12 operators, and CEO Pam Kessler laid out a "pathway to 75% by end of 2028" for SHOP’s share of NOI. Management narrowed 2026 Core FFO guidance to $2.76 to $2.78.

The $0.19 monthly dividend has been steady for years, giving a forward yield near 5.72% on the $38.11 close. Shares are up 14.79% YTD. EPS runs at $2.77, keeping the payout well covered. Risk: skilled nursing still accounts for 33% of exposure, and the SHOP transition carries operator execution risk.

What to watch next: if the Fed resumes cutting later this year, spreads on the BDC portfolio at Main Street Capital could compress even as REIT financing costs ease. That trade-off will determine whether income keeps compounding at the pace retirees need.

Contact [email protected] for any questions or corrections.

3 of the Market's Most-Upgraded Tech Stocks Right NowDatadog NASDAQ: DDOG Chief Financial Officer David Obstler said the company’s recent growth has been supported by a broader product platform, market-share gains and expanding demand across customer sizes and geographies. In a conference discussion with Canaccord Genuity technology analyst Kingsley Crane, Obstler said the company has benefited from customers modernizing technology stacks and preparing infrastructure for artificial intelligence workloads.

Crane characterized Datadog’s latest quarter as featuring 36% growth at a $1.1 billion scale, accelerating from 32%, and noted that growth had accelerated over the past five quarters. Obstler said the results reflected investments in the platform that have expanded the product portfolio and enabled greater cross-selling.

Get Datadog alerts:

Datadog’s Drop Says More About Expectations Than Earnings“We’re seeing strength across all the way from SMB to enterprise and globally,” Obstler said. “Anytime we have a re-platforming and a modernization of tech stack, that’s complemented Datadog in their growth.”

Platform adoption and customer expansion Obstler said growth has not been limited to AI-native companies. He said enterprise customers have accelerated adoption of the Datadog platform, driven by demand for integrated, real-time observability and security capabilities.

5 Tech Stocks Holding Their Ground Through the AI Trade PullbackHe pointed to what he described as substantial market-share gains, saying Datadog added $115 million in revenue sequentially during the last quarter. The company’s platform approach appeals to customers seeking a “single pane of glass” for monitoring and security, he said.

Datadog’s customer expansion model generally unfolds over multiple years, according to Obstler. Customers often initially use other vendors, then add Datadog products as existing contracts come up for renewal. The company sells capacity through a credit-based model, allowing customers to use different products on the platform.

Obstler said cohorts signed five years ago are continuing to expand, supported by product additions and vendor consolidation. He cited net retention in the low 120% range as evidence of the durability of that expansion motion.

Customers increasingly adopt more Datadog products over time, rather than switching all tools at once. Modern and mission-critical workloads have increasingly been directed to Datadog for monitoring, Obstler said. Datadog works with customers on capacity planning under contracts that generally span at least one year and can extend to three years. AI-native customers and production workloads Obstler said AI-native companies represent a smaller percentage of Datadog’s annual recurring revenue than cloud-native customers did during the COVID-era technology boom, but the group is growing quickly. He said Datadog had more than 750 AI-native customers, with more than 30 generating at least $1 million in annual recurring revenue.

Those companies include model providers, database providers, GPU providers and companies serving specific industry verticals, he said. While Obstler acknowledged that AI-native markets could be volatile, he described the segment as an endorsement of Datadog’s position in modern technology infrastructure.

He said AI-related monitoring demand is increasingly shifting from training and research into production environments. Datadog is positioned to monitor applications using large language models, agents, coding agents and GPU infrastructure, he said. The company is also beginning to address more training-related use cases.

“We basically set that up, and we’ve been seeing very good growth in that area,” Obstler said of AI monitoring. He added that Datadog monetizes these offerings through usage-based pricing tied to data consumed, investigations and related activity.

Bits AI and product investment Obstler also discussed “AI for Datadog,” referring to the company’s use of AI within its own platform. He said the Bits AI product is designed to help users automate investigations, analyze issues, route cases and eventually support more self-remediation.

The company has broadened Bits AI beyond reliability engineering investigations into development and security use cases, Obstler said. Datadog has tested pricing approaches, moving from a per-investigation model toward token-based pricing in some areas.

Datadog’s data sets, platform integration and existing use of machine learning for analytics provide an advantage in observability-specific AI, Obstler said. He said the company’s vision is to provide specialized intelligence that can identify problems and, in certain instances, enable customers to approve automated remediation.

Obstler said Datadog plans to continue investing in both sales capacity and research and development. Sales capacity has expanded globally at roughly the same pace as revenue, he said. While the company expects a greater share of R&D resources to shift toward tokens and AI tools over time, he said management is focused on using those tools to develop products rather than pursuing AI investment at the expense of margins.

Competitive strategy Addressing competition from companies expanding their own platforms, including security and data-focused vendors, Obstler said Datadog remains focused on observing software in production and on adjacent opportunities where its observability platform creates synergies.

He cited cloud workload security, Cloud SIEM and service management as areas where Datadog can expand, while emphasizing that the company is not attempting to address every segment of the broader security market. Obstler said Datadog’s focus on modern cloud workloads, coupled with continued R&D investment, has strengthened rather than weakened its competitive position.

About Datadog (NASDAQ:DDOG)Datadog NASDAQ: DDOG is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog's platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company's product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

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

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Datadog wasn't on the list.

While Datadog currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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

Get This Free Report

Collaboration with one of the world's largest animal health companies expected to accelerate TRUFORMA adoption, expand installed base, and drive recurring diagnostic revenue in Canada

ANN ARBOR, MI / ACCESS Newswire / August 13, 2026 / Zomedica Corp. (OTCQB:ZOMDF) ("Zomedica" or the "Company"), a veterinary health company offering diagnostic and therapeutic solutions for equine and companion animals, today announced a collaboration with Boehringer Ingelheim Animal Health Canada Inc., a leader in the animal health industry, to enhance the early detection, treatment, and monitoring of pituitary pars intermedia dysfunction (PPID) in horses across Canada.

Through this initiative, the TRUFORMA system will support Boehringer Ingelheim's PPID awareness and testing efforts in Canada beginning with this fall testing season, enabling veterinarians to perform rapid endocrine testing at the point of care using Zomedica's equine endogenous ACTH (eACTH) and equine insulin assays.

By bringing this testing directly into equine veterinary practices, the program will support prompt diagnosis and treatment. The use of Zomedica's TRUFORMA diagnostic platform within Boehringer Ingelheim's PPID awareness and testing efforts brings advantages for Canadian veterinarians and horse owners alike.

Under the agreement, Zomedica will support the placement of TRUFORMA analyzers in participating equine veterinary practices across Canada, while Boehringer Ingelheim will provide eligible customers with complimentary diagnostic testing performed using Zomedica's TRUFORMA platform.

Participation in the program includes no-cost placement of TRUFORMA analyzers in participating equine veterinary practices, along with diagnostic cartridge kits provided at no cost to eligible Boehringer Ingelheim customers. This approach is expected to expand the installed base of Zomedica's platform in Canada and introduce participating veterinarians to additional equine assays available from Zomedica, including Cortisol and Progesterone.

PPID, previously known as equine Cushing's disease, is the most common endocrine disorder in aging horses, affecting approximately 20-25% of horses over the age of 15. This prevalence has been documented in multiple epidemiological studies, including research published in the Journal of Veterinary Internal Medicine, which reported that roughly one-fifth of horses over 15 years of age show evidence of PPID based on endocrine testing (McFarlane et al., Journal of Veterinary Internal Medicine, 2018).

The program will utilize Zomedica's TRUFORMA® equine endogenous ACTH (eACTH) assay, which recent comparative evaluation data has demonstrated to have the closest agreement to reference laboratory results when compared with other commercially available assays, supporting its reliability for diagnosing PPID and monitoring treatment response.

"Expanding our collaboration with Boehringer Ingelheim-one of the largest and most respected companies in global animal health-into Canada, represents another important milestone for Zomedica," said Kevin Klass, Senior Vice President, Sales at Zomedica. "Their leadership in equine medicine, combined with our TRUFORMA diagnostic technology, creates a powerful synergy and marks another critical step in our strategy. Canada's vast geography and dispersed equine veterinary practices make access to specialized testing more challenging. Bringing this capability into the clinic will reduce the impact of distance and geographic isolation, facilitating timely testing."

"Veterinarians play a critical role in recognizing and managing PPID, and we've seen the meaningful difference that early diagnosis, treatment, and whole-horse management can make," commented Randy Trumpler, Business Unit Director - Equine at Boehringer Ingelheim Animal Health Canada Inc. "By collaborating with Zomedica, we're expanding access to innovative diagnostic solutions for Canadian veterinarians and empowering them to make faster, more confident decisions-ultimately supporting better outcomes for the horses in their care and their owners."

About Zomedica

Zomedica is a leading equine and companion animal healthcare company dedicated to improving animal health by providing veterinarians with innovative therapeutic and diagnostic solutions. Our gold standard PulseVet® shock wave system, which accelerates healing in musculoskeletal conditions, has transformed veterinary therapeutics. Our suite of products also includes the Assisi Loop® line of therapeutic devices and the TRUFORMA® diagnostic platform, the TRUVIEW® digital cytology system, the VETGuardian PLUSTM Zero Touch® monitoring system and VETIGEL® hemostatic gel, all designed to empower veterinarians to provide top-tier care. In the aggregate, their total addressable market in the U.S. exceeds $2 billion. Headquartered in Michigan, Zomedica employs approximately 150 people and manufactures and distributes its products from its world-class facilities in Georgia and Minnesota. Zomedica grew revenue 17% in 2025 to $32 million, 36% through the six months ended June 30, 2026 to $18 million, and maintains a strong balance sheet with approximately $44 million in liquidity as of June 30, 2026. Zomedica is advancing its product offerings, leveraging strategic acquisitions, and expanding internationally as we work to enhance the quality of care for pets, increase pet parent satisfaction, and improve the workflow, cash flow and profitability of veterinary practices. For more information visit www.zomedica.com.

About Boehringer Ingelheim

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective, embedding sustainability along the entire value chain. Our approximately 54,500 employees serve over 130 markets to build a healthier and more sustainable tomorrow. The Canadian headquarters of Boehringer Ingelheim was established in 1972 in Montreal, Quebec and is now located in Burlington, Ontario. Boehringer Ingelheim employs approximately 500 people across Canada. Learn more at www.boehringer-ingelheim.com.

About Boehringer Ingelheim (Canada)

Boehringer Ingelheim provides innovation for preventing and treating diseases in animals. The company offers a wide range of vaccines, parasite-control products, and medicines for pets, horses, and livestock to veterinarians, animal owners, farmers, and governments. As a leader in animal health, Boehringer Ingelheim values that the health of humans and animals is deeply connected and strives to make a difference for people, animals and society. Learn more at www.boehringer-ingelheim.com/ca/animal-health.

Follow Zomedica

Email Alerts: http://investors.zomedica.com

LinkedIn: https://www.linkedin.com/company/zomedica

Facebook: https://m.facebook.com/zomedica

Instagram: https://www.instagram.com/zomedica_inc

Cautionary Note Regarding Forward-Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include statements relating to our expectations regarding future results. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance, or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, including assumptions with respect to economic growth, demand for the Company's products, the Company's ability to produce and sell its products, sufficiency of our budgeted capital and operating expenditures, the satisfaction by our strategic partners of their obligations under our commercial agreements and our ability to realize upon our business plans and cost control efforts.

Our forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. 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: the outcome of clinical studies, the application of generally accepted accounting principles, which are highly complex and involve many subjective assumptions, estimates, and judgments, uncertainty as to whether our strategies and business plans will yield the expected benefits; uncertainty as to the timing and results of development work and verification and validation studies; uncertainty as to the timing and results of commercialization efforts, including international efforts, as well as the cost of commercialization efforts, including the cost to develop an internal sales force and manage our growth; uncertainty as to our ability to realize the anticipated growth opportunities from our acquisitions; uncertainty as to our ability to supply products in response to customer demand; supply chain risks associated with tariff changes; uncertainty as to the likelihood and timing of any required regulatory approvals, and the availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; veterinary acceptance of our products, including adoption of our AI technology for microscopy, and purchase of consumables following adoption of our capital equipment; competition from related products; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; our ability to secure and maintain strategic relationships; performance by our strategic partners of their obligations under our commercial agreements, including product manufacturing obligations; risks pertaining to permits and licensing, intellectual property infringement risks, risks relating to any required clinical trials and regulatory approvals, risks relating to the safety and efficacy of our products, the use of our products, intellectual property protection, and the other risk factors disclosed in our filings with the SEC and under our profile on SEDAR+ at www.sedarplus.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Investor Relations Contact:

Zomedica Investor Relations
[email protected]
1-734-369-2555

SOURCE: Zomedica Corp.

Cisco Systems překonalo očekávání analytiků na úrovni tržeb i zisku, přesto však investory zklamalo opatrnějším výhledem růstu příjmů z umělé inteligence. Negativní reakce akcií proto odráží především vysoká očekávání, která se kolem AI tématu v posledních měsících vytvořila. Samotné hospodaření firmy však zůstává robustní.

Cisco Systems zklamalo část investorů svým výhledem na příjmy z umělé inteligence. Největší světový dodavatel síťových technologií očekává, že ve fiskálním roce 2027 utrží z AI datových center přibližně 7,5 miliardy dolarů, což je méně než 9,3 miliardy dolar, které trh po nedávném přílivu AI zakázek očekával. AI tržby budou představovat zhruba 10 % celkových ročních tržeb, které firma odhaduje na 72,2 až 73,4 miliardy dolarů.

Analytik UBS David Vogt během konferenčního hovoru poznamenal: „To mi připadá velmi, velmi konzervativní.“ Akcie Cisco po zveřejnění výsledků klesly v prodlouženém obchodování přibližně o 4 %. Za předchozí tři měsíce však vzrostly téměř o 25 %, protože investoři očekávali, že AI významně urychlí růst společnosti.

Cisco prochází restrukturalizací, aby získala větší podíl na AI infrastrukturních projektech, zároveň však čelí silnější konkurenci ze strany společností Broadcom a Hewlett Packard Enterprise. Generální ředitel Chuck Robbins vysvětlil, že ve fiskálním roce 2026 Cisco skutečně vykázalo přibližně 4 miliardy dolarů AI tržeb, přestože objem objednávek přesáhl 9 miliard dolarů. „Jde o nelineární objednávky obrovského rozsahu, které bývají zadávány dlouho dopředu.“ Výhled 7,5 miliardy dolarů na příští rok proto označil za „rozumný a obezřetný“.

Negativní reakce trhu kontrastuje se skutečností, že samotné hospodářské výsledky překonaly očekávání. Ve čtvrtém fiskálním čtvrtletí firma vykázala firma tržby 17,3 miliardy USD (odhad trhu 16,9 mld. USD), meziročně o 18 % vyšší, a očištěný zisk 1,22 USD na akcii (odhad 1,17 USD).

Největší část tržeb Cisca ale stále generují tradiční aktivity, a ne AI. Segment kybernetické bezpečnosti zvýšil ve čtvrtém čtvrtletí tržby o 14 % meziročně na 2,23 miliardy dolarů. Finanční ředitel Mark Patterson uvedl, že pokročilejší AI modely vytvářejí nejen příležitosti, ale také nové bezpečnostní hrozby. Firmy proto musí více investovat do ochrany svých systémů, což by mělo dále podporovat růst bezpečnostního byznysu Cisco.

Podle analytika Tima Longa z Barclays za překonáním očekávání ve čtvrtém čtvrtletí stál silný výkon bezpečnostní divize a solidní výdaje podnikových zákazníků, zatímco AI byznys odpovídal očekávání trhu.

Analytička Meta Marshall z Morgan Stanley (doporučení Overweight, cílová cena 135 USD) uvedla, že i když Cisco výrazně zvýšilo odhady tržeb pro fiskální rok 2027, tak „vyšší podíl hardwaru v prodejích vytvoří tlak na hrubé marže.“ Pozitivní podle ní ale je, že dostupnost produktů pomáhá Ciscu získávat podíl u velkých cloudových zákazníků. Nižší marže jsou navíc částečně kompenzovány nižšími provozními náklady a lepším provozním pákovým efektem díky vyšším tržbám.

V prvním fiskálním čtvrtletí očekává Cisco tržby 18 až 18,2 miliardy USD (trh čekal 16,8 miliardy USD) a zisk 1,32 až 1,34 USD na akcii (také nad odhady).

Dánský lodní gigant Maersk vylepšil svůj celoroční výhled hospodaření podruhé během pouhých sedmi týdnů. Největší světový provozovatel kontejnerové dopravy těží z vyšších přepravních sazeb, silné poptávky i pokračujících omezení v globální logistice. Investoři na zprávu reagovali růstem akcií.

Společnost nově očekává, že její ukazatel EBITDA dosáhne za celý letošní rok 10,5 až 12,5 miliardy dolarů. Předchozí prognóza přitom počítala s rozpětím končícím na úrovni 10 miliard dolarů. Aktualizovaný výhled zároveň překonal očekávání analytiků, kteří v průměru předpokládali EBITDA kolem 9,3 miliardy dolarů, píše Bloomberg.

Velmi pozitivní byly i samotné výsledky za druhé čtvrtletí, jež překonaly očekávání trhu. EBITDA vzrostla meziročně o 30 procent na tři miliardy dolarů při konsenzu 2,12 miliardy. I díky tomu akcie společnosti reagovaly na burze v Kodani po otevření trhu prudkým nárůstem až o devět procent (později růst korigovaly na +5 %).

Maersk uvedl, že za zlepšením výsledků stojí kombinace vyšší přepravní poptávky, omezené kapacity a přetrvávajících komplikací v dodavatelských řetězcích. Tyto faktory podporují růst sazeb za přepravu kontejnerů, což se pozitivně promítá do ziskovosti sektoru.

Kontejnerový lodní průmysl jako celek profituje z narušení provozu v Rudém moři a Hormuzském průlivu, což fakticky snížilo kapacitu plavidel na trhu a naklonilo rovnováhu nabídky a poptávky ve prospěch majitelů lodí. Jakmile však liniové společnosti, včetně Maersku, začnou v Rudém moři znovu naplno operovat, tato se tato výhoda ztrácí, protože nadměrná kapacita lodní dopravy dlouhodobě snižuje sazby za přepravu, vysvětluje Bloomberg.

Maersk, který přepravuje přibližně každou sedmou kontejnerovou zásilku na světě, už na konci června zvýšil své očekávání pro letošní rok a zároveň upravil výhled růstu globálního trhu kontejnerové přepravy. Nyní firma tento odhad potvrdila a nadále očekává, že objem světové kontejnerové dopravy vzroste zhruba o čtyři procenta.

Generální ředitel Vincent Clerc v rozhovoru pro Bloomberg Television uvedl, že kolísání přepravních sazeb bude pravděpodobně pokračovat, nicméně „celkové podmínky pro odvětví budou pro nadcházející roky příznivější, pokud bude trh i nadále stejně odolný jako v posledních několika letech“.

Poptávku podporuje také pokračující síla čínského exportu. Řada firem navíc urychluje dodávky před zaváděním nových celních opatření a změnami nákladů na paliva. Podle Maersku se světová ekonomika zatím ukazuje jako odolnější, než se původně předpokládalo, mimo jiné díky fiskálním stimulům a investicím souvisejícím s rozvojem umělé inteligence.

„Hlavním motorem je velmi, velmi silná a odolná poptávka po kontejnerové dopravě v důsledku elektrifikace – ať už se jedná o výrobu, skladování, nové produkty, jako jsou elektrická vozidla, datová centra nebo chlazení. Všechno, co s tím souvisí, roste; struktura toho, co přepravujeme, se mění a objemy rostou velmi rychle,“ dodal Clerc.

The New Zealand Dollar (NZD) underperforms its major currency peers, trading 0.45% down at around 0.5830 against the US Dollar (USD) during the European trading session on Thursday. The antipodean faces sharp selling pressure as downwardly revised Reserve Bank of New Zealand (RBNZ) two-year inflation expectations in the third quarter this year have raised doubts over expectations of interest rate hikes.

Earlier in the day, RBNZ Q3 inflation expectations for the two-year timeframe arrived lower at 2.34% Year-on-Year (YoY) from prior projections of 2.53% released in the previous quarter this year.

Lower New Zealand (NZ) inflation expectations are expected to raise doubts over expectations of an interest rate hike by the RBNZ at the September policy meeting.

Earlier, financial markets were seen confident about the RBNZ raising policy rates in September.

RBNZ seen retaining hawkish bias despite mixed labour dataAccording to TD Securities, the latest labour market figures, while mixed, are unlikely to derail the Reserve Bank of New Zealand’s tightening bias. The bank argues that “despite the mixed report today, we believe the RBNZ has the room to hike again by 25bps in September given that economic activity continues to recover in Q3,” suggesting policymakers can look through near-term labour market noise as long as the broader recovery remains intact.

Meanwhile, the US Dollar (USD) holds onto Wednesday’s gains, driven by ongoing Middle East tensions.

On the domestic front, both the United States (US) headline and core Consumer Price Index (CPI) cooled down, as expected, in July, which could dampen the strength in the US Dollar.

NZD/USD Technical Analysis

NZD/USD extends its correction to near the downward-sloping trend line at 0.5827 after slipping below the 20-period Exponential Moving Average (EMA), which is at 0.5842.

The Relative Strength Index (RSI) around 50.1 points to neutral momentum after the recent pullback from the 0.5890 area.

On the topside, the intraday high at 0.5870 is the immediate resistance, which needs to be broken decisively to revisit the August 7 high at 0.5907. On the downside, first support is seen at the upward-sloping trendline break level at 0.5827; a failure there would likely expose the pair to a deeper correction toward 0.5800, followed by the July 29 low at 0.5761.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

RBNZ FAQs The Reserve Bank of New Zealand (RBNZ) is the country’s central bank. Its economic objectives are achieving and maintaining price stability – achieved when inflation, measured by the Consumer Price Index (CPI), falls within the band of between 1% and 3% – and supporting maximum sustainable employment.

The Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee (MPC) decides the appropriate level of the Official Cash Rate (OCR) according to its objectives. When inflation is above target, the bank will attempt to tame it by raising its key OCR, making it more expensive for households and businesses to borrow money and thus cooling the economy. Higher interest rates are generally positive for the New Zealand Dollar (NZD) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken NZD.

Employment is important for the Reserve Bank of New Zealand (RBNZ) because a tight labor market can fuel inflation. The RBNZ’s goal of “maximum sustainable employment” is defined as the highest use of labor resources that can be sustained over time without creating an acceleration in inflation. “When employment is at its maximum sustainable level, there will be low and stable inflation. However, if employment is above the maximum sustainable level for too long, it will eventually cause prices to rise more and more quickly, requiring the MPC to raise interest rates to keep inflation under control,” the bank says.

In extreme situations, the Reserve Bank of New Zealand (RBNZ) can enact a monetary policy tool called Quantitative Easing. QE is the process by which the RBNZ prints local currency and uses it to buy assets – usually government or corporate bonds – from banks and other financial institutions with the aim to increase the domestic money supply and spur economic activity. QE usually results in a weaker New Zealand Dollar (NZD). QE is a last resort when simply lowering interest rates is unlikely to achieve the objectives of the central bank. The RBNZ used it during the Covid-19 pandemic.

Amid a rising stock market, Uber (UBER -4.05%) is down by about 8% year to date, but the company's fundamentals reflect a different reality. It is the leader in the ride-hailing industry, and it continues to gain market share. Furthermore, its valuation has become more compelling due to the prolonged slide it has been experiencing since last autumn.

A stock's price should not continue to drop as the company's underlying fundamentals improve. Eventually, a rally should take shape, and Uber has a few catalysts that could bring it back into the green this year.

Image source: Getty Images.

New users are flocking to Uber In the press release announcing Uber's Q2 results, CEO Dara Khosrowshahi said that the platform had "added more first-time users over the past 12 months than in any period over the past five years." More users translated into higher revenue growth rates, but good retention rates can give the company's recent revenue gains a solid foundation.

Today's Change

(

-4.05

%) $

-3.18

Current Price

$

75.36

The company's monthly active platform consumers rose by 16% year over year, which means people who use the app are requesting rides throughout the year. That growth also came with an 18% year-over-year increase in trips.

Although Uber got its start with ride-hailing services, its food delivery business has become a major catalyst. In fact, the delivery segment drove most of the revenue growth. It was up by 28% year over year in the second quarter, while the transportation component of the app only posted 1% growth. Deliveries now make up more than one-third of total sales.

Rising profits and a falling stock price translate into a low valuation The revenue growth has also come with rising profit margins. After being unprofitable for more than a decade, Uber started to turn a profit in 2023, and its net income has continued to climb.

Its non-GAAP (adjusted) net income, which does not reflect gains from its equity investments, was up by 29% in Q2. Its $1.6 billion in non-GAAP net income resulted in an 11.6% profit margin.

To top it all off, Uber trades at a P/E ratio of just under 17 today. Its food delivery competitor DoorDash (DASH +0.23%) commands a P/E ratio of around 110. Although DoorDash is growing at a faster rate than Uber, the latter is delivering higher margins. Uber may also see a long-term revenue boost once autonomous vehicles become more common on its platform.

Although Uber doesn't deserve a 110 P/E ratio, and investors can make an argument about DoorDash being overvalued, the stock's current valuation suggests that a rally may be imminent. Uber is riding long-term tailwinds that should support elevated revenue and net income in future quarters.

Marc Guberti has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool recommends Uber Technologies. The Motley Fool has a disclosure policy.

Nvidia (NVDA +3.03%) continues to be a dominant force in the artificial intelligence (AI) boom, thanks largely to its industry-leading graphics processing units (GPUs). But another type of technology is becoming increasingly important to the company's growth.

Nvidia generated a record $14.8 billion in data center networking revenue in its fiscal 2027 first quarter (which ended April 26), up 199% year over year. Networking revenue rose from $8.6 billion in its fiscal 2024 to $13 billion in its fiscal 2025 and to $31.4 billion in its fiscal 2026. Its opportunity in the space could become even larger as AI clusters scale further and require increasingly powerful networking infrastructure to connect many thousands of accelerator chips together.

Image source: Getty Images.

Networking is becoming a major growth engine Modern AI systems increasingly depend on high-performance networking as well as raw computing power. Training and running increasingly sophisticated models requires massive amounts of data to be moved rapidly among large numbers of accelerators and data storage devices. If the network cannot keep up, communication can become a bottleneck that reduces GPU utilization and slows AI workloads.

Today's Change

(

3.03

%) $

6.59

Current Price

$

224.09

Nvidia's NVLink technology connects GPUs inside powerful AI rack systems, while Spectrum-X Ethernet connects servers and racks across larger data centers. As AI systems scale, the company has more opportunities to sell networking and interconnect technology alongside its computing hardware.

According to research firm IDC, Nvidia captured 21.5% of data center Ethernet switching revenue in the first quarter of 2026, making it the market leader.

Custom AI chips are strengthening the networking opportunity Custom AI chips are a growing competitive threat to Nvidia's GPUs. But the NVLink Fusion rack-scale platform could cushion the company against that threat by allowing some custom processors to work alongside its networking and infrastructure technologies. That gives it another way to benefit from the rising AI infrastructure spending, even in cases when it doesn't supply the AI accelerators.

Nvidia has also expanded its partnership with custom chip designer Marvell Technology (MRVL +2.25%). Under the partnership, Marvell will provide custom accelerators and the networking hardware needed to connect those processors at high speeds, while Nvidia will supply technologies including NVLink high-speed interconnect technology, Spectrum-X switches, ConnectX network adapters, and BlueField data processing units.

Nvidia's networking business will not benefit from every custom AI chip. Customers can still choose competing networking technologies, and its networking gains may not fully compensate for the loss of lucrative GPU sales to rival chipmakers. 

Competition is also significant, with market research firm IDC estimating Arista Networks' share of the data center Ethernet switching market at 20.7%, marginally below Nvidia's 21.5% share.

Still, Nvidia is trying to sell more of the technology that goes into each AI data center, rather than relying so heavily on its GPUs.

Networking could help support a $7.5 trillion market capitalization for Nvidia Nvidia is trading now at around 24.1 times Wall Street's fiscal 2027 earnings estimate of about $9 per share (as of Aug. 12). Analysts currently expect its earnings to increase to approximately $12.90 per share in fiscal 2028.

If Nvidia delivers on those expectations and continues to trade at roughly the same forward valuation, its market capitalization could approach $7.5 trillion, compared to roughly $5.3 trillion today. However, valuation compression would limit its upside even if earnings rise.

Still, networking is no longer a peripheral business for Nvidia. As AI factories become larger and more communication-intensive, Nvidia's ability to sell more of the infrastructure surrounding its chips could become an increasingly important part of its next phase of growth.

Posted by Defense World Staff on Aug 13th, 2026

Ballast Inc. lifted its stake in shares of Visa Inc. (NYSE:V – Free Report) by 35.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,234 shares of the credit-card processor’s stock after acquiring an additional 1,623 shares during the quarter. Ballast Inc.’s holdings in Visa were worth $2,139,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in V. PayPay Securities Corp increased its stake in shares of Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock worth $26,000 after purchasing an additional 38 shares during the period. Cresta Advisors Ltd. acquired a new position in shares of Visa during the 4th quarter worth about $26,000. Parvin Asset Management LLC boosted its stake in Visa by 200.0% during the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 50 shares during the period. RHL Group LLC bought a new stake in Visa during the 4th quarter valued at approximately $34,000. Finally, Timmons Wealth Management LLC acquired a new stake in Visa in the 4th quarter valued at approximately $34,000. Institutional investors own 82.15% of the company’s stock.

Wall Street Analysts Forecast Growth Several research analysts have commented on the company. Truist Financial set a $406.00 price target on Visa and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Robert W. Baird increased their price objective on Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating and issued a $416.00 price objective on shares of Visa in a research note on Wednesday, July 29th. Susquehanna reaffirmed a “positive” rating and set a $427.00 target price (up from $410.00) on shares of Visa in a research report on Wednesday, July 29th. Finally, Piper Sandler reiterated an “overweight” rating and set a $430.00 target price (up from $394.00) on shares of Visa in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $413.58.

Get Our Latest Research Report on Visa

Insider Buying and Selling In other Visa news, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,162,953.50. The trade was a 58.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Kelly Mahon sold 57,272 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the sale, the insider owned 49,662 shares in the company, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 90,759 shares of company stock valued at $32,375,779 over the last quarter. Corporate insiders own 0.12% of the company’s stock.

Visa Stock Down 0.9% Shares of V stock opened at $359.50 on Thursday. Visa Inc. has a one year low of $293.89 and a one year high of $373.97. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a fifty day moving average price of $347.68 and a 200 day moving average price of $327.77. The stock has a market cap of $641.50 billion, a P/E ratio of 30.57, a price-to-earnings-growth ratio of 1.94 and a beta of 0.74.

Visa (NYSE:V – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.23 by $0.09. The firm had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.98 EPS. Analysts predict that Visa Inc. will post 13.15 earnings per share for the current year.

Visa Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. Visa’s payout ratio is presently 22.79%.

Visa declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, April 28th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Visa News Roundup Here are the key news stories impacting Visa this week:

Positive Sentiment: Visa is expanding stablecoin settlement through partnerships with Lightspark and Zerohash, supporting USDC-based settlement, faster cross-border payments and on-chain payouts. The initiative could strengthen Visa’s role in blockchain payment infrastructure and create new transaction volumes. Visa Broadens Stablecoin Settlement Capabilities Positive Sentiment: Stablecoin-backed card spending reached $1.03 billion in July 2025, up 200% year over year, with Visa-linked cards contributing to the growth. Rising adoption indicates a potential long-term opportunity for Visa’s network and associated services. Stablecoin-Backed Card Transactions Surpass $1 Billion Monthly Milestone Positive Sentiment: Analysts raised several Visa earnings forecasts, including Zacks Research’s estimates for fiscal 2026 EPS to $13.23, fiscal 2027 EPS to $14.89 and fiscal 2028 EPS to $16.81. Erste Group also maintains a Buy rating and lifted its fiscal 2026 and 2027 forecasts, signaling confidence in continued earnings growth. Visa Analyst Earnings Estimates Positive Sentiment: Visa’s $2.4 billion BioCatch acquisition is intended to combat increasingly sophisticated, AI-powered fraud. Enhanced fraud detection could protect payment volumes, improve issuer and merchant confidence, and add fraud-prevention capabilities to Visa’s services. Visa Bets $2.4 Billion on Stopping AI-Powered Fraud Visa Profile (Free Report)

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.

See Also Five stocks we like better than Visa GE Vernova’s AI Power Boom Faces a Profit Test Cardinal Health Earnings: Can Perfection Get Priced In Twice? Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand Legacy Jet Builders Stall While Embraer Accelerates to New Highs Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).

Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAssenagon Asset Management S.A. Acquires 36,329 Shares of nLight $LASR

NEXT HEADLINE »Ballast Inc. Buys New Shares in Energy Transfer LP $ET

Hyperion DeFi (Nasdaq: HYPD), the Nasdaq-listed DeFi company focused on the Hyperliquid ecosystem, reported record second-quarter net income of $31 million, more than triple the $8.8 million it earned in Q1 2026. The results, released on August 12, mark the second consecutive quarter in which Hyperion has set a new profit record.

HYPE Treasury Nearly Doubles in ValueThe company held 2.04 million HYPE tokens as of June 30, with gross holdings valued at approximately $133 million, up from $71 million at the end of Q1. The sharp rise reflects both additional token accumulation and a higher HYPE price during the quarter. Adjusted EBITDA came in at $53.7 million, up from $19.5 million in the prior period, driven primarily by $54.8 million in treasury gains. Staking yield contributed $527,000 for the quarter, a 69% increase, while yield-enhancement activities added a further $334,000, up 58%.

Hyperion describes its approach as a "Triple-Dip" strategy, combining a growing HYPE treasury, scalable DeFi businesses, and embedded economic upside in early-stage Hyperliquid builders. From Q3 2025 to Q2 2026, the company's adjusted gross profit grew 162%, while operating expenses excluding stock-based compensation fell 46%.

New Staking Partnerships Extend Ecosystem ReachAlongside the earnings release, Hyperion announced a HYPE Asset Use Service (HAUS) agreement with Entropy, an upcoming HIP-3 deployer, committing 500,000 staked HYPE tokens to the partnership. The company also confirmed a separate 500,000 HYPE commitment to Skew Technologies, which is building institutional perpetual futures markets and outcome-based products using Hyperliquid's HIP-3 and HIP-4 infrastructure. Under the Skew agreement, Hyperion receives equity in the company as well as a share of listing-service revenues. Skew's private beta had already attracted more than 40,000 unique sign-ups as of August 10.

The dual partnerships give Hyperion exposure to both HYPE price appreciation and on-chain network activity, consistent with its stated goal of building multiple revenue streams within the Hyperliquid ecosystem. The company reiterated full-year 2026 adjusted gross profit guidance of $5 million to $7 million, roughly five times 2025 levels, and said it expects operating cash flow to turn positive before year-end.

Sources:
Hyperion DeFi Q2 2026 Press Release (Official IR)
The Block: Hyperion Triples Quarterly Profits
Crypto Briefing: Hyperion DeFi Posts Record $31M Q2 Profit

Heading into its second-quarter earnings release on Aug. 19, Lowe's (LOW -2.39%) is trading at a discount.

Its current P/E ratio of 18.5 is below its historical average of 20.5, and its forward P/E of 17.4 is the lowest it's been since the end of 2023, when it was 15.7. 

This relatively low valuation alone makes the home improvement retail store stock worth considering heading into its earnings release.

Image source: Getty Images.

Another reason to buy is its ridiculously good dividend. Lowe's increased its dividend in July to $1.25 per share at a solid yield of 2.28%. This marks 55 straight years of dividend increases for the Dividend King.

What to watch in Q2 earnings The low valuation for Lowe's could spark a surge in the share price if Lowe's reports good second-quarter earnings.

It has some solid momentum with five straight earnings beats. In Q2, analysts anticipate revenue of $26.2 billion, which would be up 13% billion from Q1. Adjusted earnings are estimated to be $4.24 per share in Q2, which would be down from $4.33 per share in Q2 2025, mainly due to costs associated with recent acquisitions.

Today's Change

(

-2.39

%) $

-5.28

Current Price

$

215.97

Also, comparable-store sales are targeted to be between flat and a 2% increase. That is a key metric investors should watch. If the number is at the high end of that range or exceeds it, the stock price could jump. In addition, Lowe's has been steadily increasing its online sales. Last quarter, that segment saw a 15% gain. Investors will want to see if that continues trending higher.

Further, while Lowe's doesn't post its growth rates for its Pro business, which caters to contractors, there is typically commentary around it. Listen to what management says about Pro growth, as it's a higher-margin business than the DIY retail business. Pro growth may also signal that it is eating into the market share of rival Home Depot.

Dave Kovaleski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool recommends Lowe's Companies. The Motley Fool has a disclosure policy.

Ripple has cast its vote in favor of the fixCleanup3_3_0 amendment on the $XRP Ledger, giving the XRPL 3.3.0 upgrade its first significant endorsement from one of the network's primary contributors.

What the fixCleanup3_3_0 Amendment Covers The fixCleanup3_3_0 proposal is a bundled maintenance package that addresses targeted fixes across several protocol areas, including Single Asset Vaults, the Lending Protocol, Automated Market Makers (AMMs), Checks, and pseudo-accounts. It is one of six amendments introduced alongside the 3.3.0 release, which also includes Confidential Transfer, BatchV1_1, DynamicMPT, PermissionDelegationV1_1, and Sponsor.

Beyond the amendments themselves, the 3.3.0 release brings meaningful performance improvements. Developers have flagged a reduction in memory usage of between 10% and 15%, better online delete and node sync performance, and roughly 60 bug fixes identified through an internal AI red team process.

What Has to Happen Before Mainnet Activation Ripple's vote carries weight as an early signal, but it does not determine the outcome alone. Eight of the 35 Unique Node List (UNL) validators currently support the fixCleanup3_3_0 amendment. Mainnet activation requires the proposal to hold more than 80% validator support, equivalent to at least 28 of 35 UNL validators, for two consecutive weeks before the changes take effect permanently on the network.

That governance structure is standard for the XRP Ledger. Once an amendment clears the 80% threshold for the required two-week period, the change applies permanently to all subsequent ledger versions. Validators make independent decisions, and the proposal can fail or be delayed if support drops below the threshold at any point during that window.

Node operators face a practical deadline tied to the process. Any server that has not upgraded to xrpld 3.3.0 before the amendments activate risks becoming amendment-blocked, a status that cuts the node off from consensus and prevents it from reading or submitting new transactions.

The broader 3.3.0 upgrade is positioned as a step toward institutional readiness for the XRP Ledger, with features spanning privacy for tokenized assets, atomic transaction batching, delegated account permissions, and sponsored network fees.

Sources:
crypto.news: XRP Ledger upgrade gains Ripple vote for bundled fixes
XRPL.org: Amendments documentation
CoinGape: Ripple votes in favor of fixCleanup proposal

8h05 ▪ 6 min read ▪ by Ghiles A.

Summarize this article with:

Ethereum returns to the center of on-chain data after the awakening of four former whales linked to the early days of the network. On Tuesday, August 11, a Genesis wallet moved 2,680 ETH after eleven years of inactivity. This reserve, acquired for about 830 dollars, was then worth 5.03 million dollars. Two other wallets had already transferred 2,000 ETH each in July. These close movements reignite selling fears, as funds long considered dormant return to the market.

In brief Four former Ethereum whales have awakened their wallets after several years of inactivity. A Genesis wallet transferred 2,680 ETH, valued at over 5 million dollars. Two other addresses had already moved 2,000 ETH each during the month of July. These transfers to exchange platforms reignite fears of a possible massive sell-off. Ethereum: Four Wallets Awaken From Sleep On Tuesday, August 11, on-chain analysis tools detected the transfer of 2,680 ETH from a Genesis wallet. The transaction was worth 5.03 million dollars at the time of the movement. Eleven years earlier, this reserve was worth only about 830 dollars. According to data provided by Whale Alert, this growth represents a gain of 605,924% since the initial acquisition.

The wallet belonged to the first ETH holders from the Genesis period. This designation refers to the units allocated during the participatory sale launched on July 22, 2014. At that time, the first buyers obtained their tokens for only 0.31 dollars.

Now, these former reserves can represent several million dollars when they re-enter the market. Ethereum attracts special attention when these historic reserves suddenly change address. It remains relevant, as each transfer alters the reading of the available supply.

The movement of August 11, however, does not come alone. On August 9, Whale Alert spotted that another pre-mining holder transferred 2,000 ETH, valued at close to 3.8 million dollars. This reserve was worth only 620 dollars in 2015. Arkham Intelligence data then indicates that the funds joined Coinbase, which further draws attention to their possible use.

A Historic Supply Gradually Returns to the Market To understand these movements, it is necessary to go back to the early stages of the network. The creators premined about 72 million ETH before the blockchain launch. About 60 million units were then allocated to buyers during a public sale aimed at financing the launch. This operation lasted 42 days and raised 31,591 BTC for the organizers.

The balance, close to 12 million ETH, was reserved for insiders. Founders and early contributors received about 6 million units. The Ethereum Foundation obtained the remaining 6 million. This distribution explains why some ancestral addresses can still hold significant reserves, several years after their creation. Ethereum sees funds created during its early network years re-emerge.

In July, two other Genesis wallets already showed similar activity. Each had transferred 2,000 ETH, with a first movement on July 20 and a second on July 26. One of the transactions ended on CoinJar, while the other distributed the funds across several addresses. These close movements thus increase visibility around former holders. Ethereum could face new transfers if other wallets move.

Transfers That Fuel Fears of Selling The succession of these operations mainly raises the question of the funds’ final destination. When ETH that has been inactive for years joins an exchange platform, the market may expect selling. However, a transfer alone is not proof of liquidation. Funds can also change custody, be distributed among several wallets, or respond to another financial decision.

The case of the four whales therefore remains to be monitored, especially when funds reach platforms like Coinbase or CoinJar. On-chain data allows tracing these movements, but they do not directly specify the holder’s intention. For Ethereum, the issue mainly concerns the reintroduction into circulation of a supply that has seemed durably inactive.

These successive awakenings come after more than a decade of fluctuations, platform bankruptcies, and lost keys. Some holders may now seek to take profits or modify the custody of their assets. Other scenarios remain possible, including estate planning or a simple wallet change. However, the repetition of movements makes this activity more visible.

In the short term, upcoming transfers will therefore be a major indicator. If the four addresses continue moving their reserves to exchange platforms, selling fears could intensify. Conversely, redistribution to private wallets would limit this interpretation. The market will thus have to distinguish technical movements from actual selling operations.

The situation will mainly depend on the behavior of these former Ether holders. The next transactions will determine whether their awakenings signal a durable reintroduction into circulation or just custody changes. For now, data mainly shows that historic reserves are starting to move again after years of silence.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

Join the program

A

A

Lien copié

Ghiles A.

Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Goldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, a deal that will add three Bitcoin and Ethereum options-income ETFs managing more than $1.1 billion combined to its asset management business.

Summary

Goldman Sachs will acquire Neos Investments for up to $2.25 billion. The deal will add three Bitcoin and Ethereum income ETFs to Goldman’s asset management business. Neos manages more than $30 billion across 19 options based income ETFs. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. According to Goldman Sachs, the cash-and-equity transaction will bring Neos and its more than $30 billion in assets under management into Goldman Sachs Asset Management, subject to performance and service commitments tied to the agreement. The acquisition is expected to close in the first quarter of 2027 after regulatory approval and other customary closing conditions.

Among the 19 Neos funds included in the transaction are the Neos Bitcoin High Income ETF (BTCI), Boosted Bitcoin High Income ETF (XBCI) and Ethereum High Income ETF (NEHI), giving Goldman an existing lineup of crypto-linked income products while its own proposed Bitcoin income fund remains on file with U.S. regulators.

Goldman Sachs will inherit three crypto income ETFs Neos launched BTCI in October 2024 as an actively managed ETF designed to combine Bitcoin-linked exposure with monthly income generated through options. The fund had accumulated more than $1 billion in net assets as of Wednesday, making it the largest of Neos’ three crypto-focused products.

Rather than buying Bitcoin directly, BTCI obtains exposure through exchange-traded products linked to the cryptocurrency and uses an options strategy to generate distributions. A Neos shareholder report for the period ending November 2025 showed the portfolio using Bitcoin ETFs alongside options linked to the Cboe Bitcoin U.S. ETF Index.

XBCI, launched in February 2026, applies a more aggressive version of the strategy. The fund had about $111 million in net assets as of Wednesday and seeks roughly 150% exposure to BTCI’s underlying strategy, according to its prospectus, meaning declines in Bitcoin-linked investments can also be magnified.

Ethereum High Income ETF NEHI, meanwhile, was launched in December 2025 and had accumulated more than $77 million in net assets. Like the Bitcoin products, NEHI does not directly hold Ether and instead combines exposure through exchange-traded products with an options-based income strategy.

Neos has built the three crypto ETFs as part of a larger range of income funds covering U.S. equity indexes, fixed income, Bitcoin, Ether and gold. Founded in 2022, the investment manager now oversees more than $30 billion across 19 options-based ETFs.

“As investor demand for active ETFs grows, NEOS’ disciplined investment approach is highly complementary to our capabilities across buffer, managed outcome and income strategies,” Goldman Sachs Chairman and CEO David Solomon said.

Neos deal could affect Goldman’s filed Bitcoin ETF plans The acquisition also puts an existing Bitcoin income fund inside Goldman months after the bank filed to launch a competing product of its own.

In April, crypto.news reported that Goldman had filed a registration statement with the U.S. Securities and Exchange Commission for the Goldman Sachs Bitcoin Premium Income ETF. The proposed fund would invest at least 80% of its net assets in instruments providing Bitcoin exposure, primarily through spot Bitcoin exchange-traded products, before selling call options against part of the position.

Goldman’s filing proposed an options overwrite covering between 40% and 100% of its Bitcoin exposure depending on market conditions. Selling the calls would generate premiums for monthly income, although the structure would also limit some of the fund’s participation when Bitcoin rises sharply.

Bloomberg senior ETF analyst Eric Balchunas said following the Neos announcement that the acquisition could explain why the Goldman product filed in April has not launched.

Goldman will get $BTCI in the Neos deal, which is a $1b bitcoin premium income ETF, yields 27% and captures most but not all of bitcoins run-ups. Nowww I get why GS never launched the btc covered call product they filed months ago. Better to leap frog BlackRock’s $BITA vs me too pic.twitter.com/kCeuAAqiQo

— Eric Balchunas (@EricBalchunas) August 12, 2026 With BTCI already holding more than $1 billion in assets, Balchunas said the Neos acquisition could allow Goldman to “leapfrog” BlackRock’s iShares Bitcoin Premium Income ETF, or BITA, rather than building a competing fund from the beginning.

Goldman has not said whether it intends to withdraw, modify, or proceed with its Bitcoin Premium Income ETF following the Neos transaction.

BlackRock has already entered the Bitcoin income ETF market Competition for Bitcoin options-income products intensified in June when BlackRock brought BITA to market.

A June filing update showed that BlackRock planned to generate income by writing covered calls primarily against its iShares Bitcoin Trust, or IBIT, and Bitcoin ETF-linked indexes. The filing also set BITA’s sponsor fee at 0.65%.

BlackRock subsequently launched the fund on June 16. Unlike a conventional spot Bitcoin ETF, BITA combines Bitcoin exposure, mainly through IBIT shares, with call options written against part of the portfolio.

An analysis of BITA published after the launch found that BlackRock planned to write calls against roughly 25% to 35% of the fund’s net asset value each month while targeting annual income of between 15% and 25%. The trade-off comes from surrendering some potential gains above the strike prices of the calls when Bitcoin rises sharply.

BITA had accumulated about $59 million in net assets as of Wednesday, compared with more than $1 billion for Neos’ BTCI.

Neos’ longer operating history in the category gives Goldman an established Bitcoin income product if the acquisition closes, while XBCI adds leveraged Bitcoin-linked exposure and NEHI extends the same general income approach to Ether.

Goldman expands its options ETF business through acquisitions Neos is Goldman’s second multibillion-dollar ETF acquisition in 2026.

The firm completed its roughly $2 billion purchase of Innovator Capital Management in April, adding an investment manager focused on defined-outcome and options-based ETFs. Innovator’s products use options structures to establish predetermined ranges for potential gains and losses over specified periods.

Adding Neos would increase the scale of the same part of Goldman’s asset management operation. Goldman said derivative-income ETFs across the industry now manage about $180 billion, citing Morningstar data, after recording a compound annual growth rate of more than 70% since 2021.

Goldman Sachs Asset Management, Innovator and Neos together managed more than $130 billion across their global ETF platforms as of June 30. Goldman said the combined operation would include roughly $80 billion in active ETFs and make the firm the eighth-largest active ETF provider based on Morningstar data.

Neos co-founders Troy Cates and Garrett Paolella are expected to become partners at Goldman Sachs Asset Management once the transaction closes. Neos’ investment professionals and client-service employees are also expected to join the firm under the agreement.

Source: Binance EN

This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-08-20 23:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Ontology (ONT) network to support its network upgrade and hard fork to ensure the best user experience. The network upgrade and hard fork will take place at the block height of 20,800,000, or approximately at 2026-08-21 00:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-08-13