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Nvidia’s decision to test versions of its upcoming Rubin Ultra chip with less memory could paradoxically increase demand for high-bandwidth memory, providing another boost to leading suppliers such as Micron Technology and SK Hynix.

UBS analyst Timothy Arcuri said Monday that Nvidia appears to have moved to “de-spec” its upcoming Rubin Ultra offering, a term used when certain specifications or capabilities of a chip are reduced, MarketWatch reported.

The Information reported that Nvidia is testing different versions of the chip with lower memory capacity because of concerns over the availability of high-bandwidth memory, or HBM.

At first glance, using less HBM in each chip could appear negative for memory suppliers.

But Arcuri believes the change could allow Nvidia to produce more chips, potentially resulting in greater overall HBM consumption in 2027 than previously expected.

The development comes as HBM supply remains tight and pricing for newer generations of the technology strengthens.

UBS said pricing for HBM4 and HBM4E is now “even stronger than our prior expectations.”

Micron is one of the world's leading HBM suppliers, alongside South Korea’s SK Hynix and Samsung Electronics.

The implications could be particularly important for SK Hynix, which remains the largest HBM supplier globally and an important supplier to Nvidia.

Arcuri said “memory suppliers are rewidening” the premium charged for HBM, prompting him to sharply raise his expectations for pricing.

The analyst now expects HBM average selling prices to rise by about 79% from a year earlier, compared with his previous estimate of a 67% increase.

The pricing strength reflects the growing amount of memory required by AI accelerators and the difficulty manufacturers face in rapidly adding HBM capacity.

HBM is increasingly critical to the performance of advanced AI systems because it allows processors to access large amounts of data at high speeds.

For Micron, stronger HBM pricing could translate into a significant improvement in earnings and cash generation.

The company has invested heavily in expanding its HBM manufacturing capacity as demand from AI data centres accelerates.

Arcuri expects Micron’s earnings per share to remain above $160 in 2029. He also forecasts more than $450 billion in cumulative free cash flow through 2028.

“To us, this increasingly looks like a structural reset in earnings power — where this kind of durability/visibility should command a shift toward a broader semi multiple,” Arcuri wrote.

A broader semiconductor multiple would imply that investors could become willing to value Micron more like other high-performing chip companies, rather than assigning it the lower valuation typically associated with the cyclical memory industry.

Micron stock remains up by more than 172% but is down by 30% from its all-time high.

The bullish outlook extends beyond HBM.

Contract pricing for NAND flash memory is also moving higher, according to Arcuri.

He attributed the improvement to stronger-than-expected demand for server and storage solid-state drives, which has helped offset weakness in the personal-computer market.

Although Arcuri expects sequential growth in NAND average selling prices to be less powerful than previously forecast, he said “the demand backdrop remains constructive.”

The analyst raised his expectations for NAND bit demand growth to 23% this year and 26% in 2027.

A bit refers to the smallest unit of digital information and is commonly used as a measure of memory consumption.

The improvement in server and storage demand adds another potential source of support for memory manufacturers as AI infrastructure investment expands.

Micron sees supply remaining tight beyond 2027Micron executives have also offered a bullish assessment of the supply-demand balance.

Chief business officer Sumit Sadana said at the KeyBanc Technology Leadership Forum on Monday that the company expects tight memory supply to persist beyond 2027 as customer demand continues to rise.

“With all of the efforts that we are doing, we still don’t have line of sight as to when the supply is going to be able to meet demand, because demand continues to escalate at a very rapid pace over time,” Sadana said, according to a FactSet transcript.

Sadana said memory demand during the AI era is “very different” from previous cycles because AI technology is still developing rapidly.

That rapid technological progress is increasing the amount of memory required by advanced computing systems, while simultaneously making it difficult for manufacturers to predict exactly where future demand will settle.

The HBM boom is also creating challenges elsewhere in the memory industry.

Sadana said rising HBM demand has put pressure on wafer supply for other memory products.

Expanding wafer capacity is not a quick process, he added, because it requires significant manufacturing investment and lengthy capacity expansion timelines.

That dynamic could help sustain pricing across the broader memory market if manufacturers remain unable to add capacity quickly enough.

Micron’s customers have so far shown little sign of retreating despite higher prices.

Sadana said customers in the company’s data-centre business and other segments continue to seek additional memory supplies even as prices rise.

That willingness to pay could provide further evidence that AI infrastructure demand is supporting a fundamentally different memory cycle.

Avionics system updates help ensure mission readiness for CH-47 fleet

, /PRNewswire/ -- The U.S. Army awarded Collins Aerospace, an RTX (NYSE: RTX) business, a contract worth up to $472 million to provide engineering services that support the modernization and sustainment of the CH‑47 Chinook fleet.

The engineering services will deliver avionics upgrades that help integrate new capabilities more efficiently, address obsolescence and strengthen the aircraft's avionics architecture to support continued mission readiness in a rapidly evolving operational environment.

"Collins equips the Chinook with advanced avionics that integrates communication, navigation and mission subsystems into a flexible, interoperable cockpit built for today's operational demands," said Jenny Miller, vice president and general manager of Vision and Sensing Systems at Collins Aerospace. "Our longstanding avionics partnership with the U.S. Army ensures the fleet continuously evolves to support the warfighter and meet future operational demands."

The award supports greater platform commonality across the Army's aviation enterprise by advancing open, reusable avionics architectures that can be integrated across multiple aircraft. This approach helps streamline technology insertion, reduce integration complexity and drive cost and schedule efficiencies as the Army modernizes its fleet.

Work on this contract will be performed in Huntsville, Alabama and Cedar Rapids, Iowa.

About Collins Aerospace
Collins Aerospace, an RTX business, provides advanced aerospace and defense solutions across avionics, aircraft interiors, aerostructures and engine components, mission systems, and power and control systems. Our global employees are dedicated to delivering innovative technologies to enhance aircraft performance, passenger comfort, operational safety and reliability. 

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

SOURCE RTX

NXP Semiconductors (NASDAQ:NXPI | NXPI Price Prediction) currently trades at $233.43, while Cantor Fitzgerald’s Street-high price target of $400 sits roughly 71% above that mark, one of the widest analyst-to-market dislocations in large-cap semiconductors.

The Dutch-domiciled chipmaker sells analog and embedded processors into automotive, industrial, IoT, mobile, and communications infrastructure. Wall Street watches NXP closely as a core bet on rising semiconductor content per car and early commercial deployments of edge AI outside the data center.

When a $60 billion market cap name gives back a fifth of its value in a month, the gap between price and target becomes the whole story.

A UBS Cut and Ambarella Rumors Blew Out the Chart NXPI fell 20.13% over the past month. Late July brought reports that NXP was in talks to acquire Ambarella, and the stock dropped 6.5% on the day as investors questioned capital allocation and integration risk. Days later, UBS moved from Buy to Neutral and cut its target from $305 to $270, citing Chinese automotive inventory correction and NXP’s limited AI data center exposure versus larger peers.

Broader semiconductor weakness compounded the damage. Shares now sit about 31% below the 52-week high of $338.80 and roughly 17% below the 50-day moving average of $282.48. Microchip fell 8.13% and Texas Instruments fell 9.50% over the same window, while the S&P 500 rose 2.39%. This was mostly a name-specific event on top of a mild tech pullback.

Why Cantor Fitzgerald Still Sees $400 Cantor Fitzgerald’s C.J. Muse maintains an Overweight rating and $400 target. The thesis rests on NXP’s dominance in microcontrollers and radar chips for ADAS and software-defined vehicles, edge AI deployment through crossover processors, cyclical bottoming in industrial and auto inventories, and free cash flow strong enough to defend the multiple. Muse argues NXP captures disproportionate revenue as automakers ramp 800V EV powertrains and zonal architectures.

Q2 results supported this view. Revenue hit $3.5 billion, up 19% year over year, with non-GAAP EPS of $3.61. Management guided Q3 revenue to $3.75 billion with non-GAAP EPS of $4.11 at the midpoint. CEO Rafael Sotomayor said the physical AI design win funnel exceeds $1.5 billion across 200 unique customers, and AI-enabled processors are on track to represent roughly 15% of industrial and IoT processor revenue in 2026.

Consensus rating is a Moderate Buy across 26 analysts with an average target of $305.43, and Wall Street Zen upgraded to Strong Buy earlier this month. UBS remains the loudest dissenter. Free cash flow at roughly 23% of revenue lets NXP buy back stock into the drawdown, which Cantor cites as downside protection.

The path to $400 requires China channel inventory to clear, the S32N 5-nanometer and S32K5 automotive processors to ramp on schedule into 2027, and physical AI wins to convert to revenue. If those milestones hit, $400 is defensible at roughly 16 times forward earnings extended out one more cycle.

The Analog Peer Group Fell Together, but NXP Fell Hardest Microchip Technology (NASDAQ:MCHP) fell only 8.13% over the past month and is up 29.12% year to date. At $81.39 versus an average target of $111.71, upside runs about 37%. Ratings skew Buy (17 Buy, 2 Strong Buy, 6 Hold, 0 Sell) as management’s recovery plan restores gross margin toward its long-term target.

ON Semiconductor (NASDAQ:ON) is down 16.86% over the past month but up 47.33% year to date on its AI data center power story. Shares at $79.78 against a $108.88 target imply roughly 36% upside, though the mix is cautious at 10 Buy, 1 Strong Buy, and 18 Hold.

Texas Instruments (NASDAQ:TXN) is up 64.38% year to date and down only 9.50% over the past month. At $280.44 versus a $324.45 target, upside is a modest 16%. Ratings are split (2 Strong Buy, 15 Buy, 17 Hold, 2 Sell).

NXPI has the largest analyst-implied upside in the group, roughly 33% on consensus and 71% on Cantor’s high mark. Both figures are more than double any close peer.

Numbers That Show a Real Gap NXPI trades at $233.43 against an average price target of $311.10 across 30 covering analysts, or roughly 33% implied upside. Forward P/E sits at 16.

The stock is up 8.47% year to date, trailing the S&P 500’s 13.36% gain. Over the past year, NXPI is up 14.67% against SPY at 21.32%. The ratings breakdown:

Strong Buy: 6 Buy: 17 Hold: 6 Sell: 1 What Would Have to Go Right The bull case strengthens if Q3 lands near $3.75 billion in revenue and management confirms the physical AI pipeline is converting to bookings by year-end. The path back to the $311 consensus runs through the auto content story and a forward multiple at 16 times earnings, which leaves little room for further compression.

The bear case gains traction if China auto inventories re-inflate, the Ambarella deal closes at a punishing premium, or the S32N and S32K ramps slip into late 2027. Any of those would validate the UBS downgrade and push the Cantor $400 target into aspirational territory.

On balance, the one-month drop looks like sentiment repricing rather than fundamental deterioration. A 16x forward earnings multiple during a downgrade-driven drawdown is the kind of setup investors will want to watch closely as the next quarter’s data lands.

Contact [email protected] for any questions or corrections.

Three Reasons It’s Time To Get Bullish On OrganigramOrganigram Global NASDAQ: OGI reported record third-quarter fiscal 2026 revenue and adjusted EBITDA, aided by the consolidation of Germany-based Sanity Group and improving performance in several Canadian cannabis categories.

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Net revenue rose 49% year over year to C$105.8 million, while adjusted EBITDA increased 136% to a record C$13.4 million. The company said Sanity Group, acquired April 15, contributed approximately C$40 million of revenue during the period and accounted for a major shift in Organigram's geographic mix, with international operations representing about 35% of consolidated revenue, compared with roughly 10% before the acquisition.

OrganiGram’s Turnaround Begins To Blossom “Q3 represents an important milestone for OrganiGram,” Chief Executive Officer James Yamanaka said. “For the first time, our financial results include almost a full quarter of contributions from Sanity Group, providing a clearer picture of a larger, more diversified, and increasingly international cannabis business.”

Sanity Group supports revenue, margin growth Sanity generated €24.5 million in revenue from the April 15 acquisition date through the end of the quarter, and €25.5 million for the full fiscal quarter, according to Organigram. Yamanaka said the business was performing in line with the company's expectations at the time of the deal.

This Is A Turning Point For OrganiGram Chief Financial Officer Greg Guyatt said Sanity's revenue contribution reached the company’s targeted €25 million quarterly benchmark. He added that Organigram expects the international business to post a stronger fourth quarter as it addresses flower-supply challenges.

Adjusted gross margin reached 37%, up 300 basis points from a year earlier and 600 basis points sequentially. The company attributed the increase to Sanity's contribution and operational improvements in Canada. Management said cultivation yields, improved potency and a streamlined product portfolio are expected to support additional gains in the Canadian cost structure.

General and administrative expenses rose 31% to C$20.6 million, primarily due to Sanity-related expenses and amortization of acquisition-related intangible assets. Still, G&A declined to about 19% of net revenue, down roughly 300 basis points year over year and 600 basis points sequentially. Total SG&A expenses rose to C$32.7 million from C$24.5 million, but fell to 31% of revenue from 34% a year earlier.

Guyatt said Sanity's operating expenses were in line with expectations and that future revenue growth could provide further operating leverage. “I would expect revenue to increase meaningfully, but operating expenses to stay sort of relatively low,” he said during the question-and-answer session.

Canadian category recovery gains momentum Organigram ended the quarter with an 11.1% share of Canada’s recreational cannabis market. The company said it has reduced its SKU count by about 10% year over year as it seeks to simplify its portfolio, reduce operational complexity and concentrate investment behind fewer brands.

Management highlighted progress in vape and infused pre-roll products following execution issues in the second quarter. The company completed the rollout of new all-in-one vape hardware and higher-potency liquid diamond products near the end of Q2, along with enhanced quality-control processes.

In June, Organigram's all-in-one vape share increased 1.1 percentage points month over month, while declines in the 510 vape segment began to reverse. Infused pre-rolls gained 0.3 percentage points during the month, while the company’s BOXHOT infused pre-rolls increased 0.8 percentage points year over year.

Flower remained Organigram’s strongest category. The company ended the quarter with a 12.5% share of the flower market, up two percentage points from a year earlier, and said it achieved its highest share to date in the 3.5-gram format. Average month-end THC potency reached a record 30.4%, while harvested kilograms remained above 30,000 per quarter, up about 25% year over year.

Other category results included:

Beverage market share of 8.6%, up 3.1 percentage points year over year; the company exited June with more than 10% share as SHRED Sodas and SHRED Shotz gained traction. Concentrates market share of 17.9%, up 3.3 percentage points year over year, maintaining Organigram’s position as Canada’s top licensed producer in the category. Relatively stable edible share year over year, though the company cited sequential pressure from lower-priced live-resin competitors. Organigram plans a broader rollout of its ingestible innovation platform across edibles beginning in September. European supply remains a focus Organigram said demand across Sanity’s European distribution platform continues to grow, particularly in Germany, where management described supply of EU GMP-compliant cannabis flower as tight. The company is pursuing improved international flower pass rates at its Moncton facility, adding supply partnerships and establishing EU GMP-compliant remediation pathways.

Yamanaka said Germany’s regulatory environment has become more stringent on EU GMP requirements, but management believes its supply initiatives can meet most of Sanity’s needs. Organigram is awaiting an EU GMP-related regulatory response after resubmitting its application in April. The company did not provide a timeline for certification.

Guyatt said EU GMP certification could meaningfully improve margins by allowing Organigram to avoid using a European processor for cannabis shipped into Germany, though he did not quantify the potential impact.

During the quarter, Sanity prepared for an additional Swiss recreational pilot project, advanced plans to enter Poland, launched branded products in the United Kingdom through partnerships, established a Swiss medical partnership and recorded its first medical cannabis sales in Switzerland. The company said recent German changes affecting medical-cannabis reimbursement should have minimal impact because government insurance reimbursements historically represented about 1% of Sanity’s sales.

Organigram also said its Australian portfolio is broadly available and that it is working to build physician adoption and prescription growth. In the U.S., the company has paused hemp-derived THC business-development activity pending clarity on a proposed federal ban, while continuing to monitor potential rescheduling and federal legalization developments.

Cash flow affected by working capital investment Net income was C$105.5 million, compared with a C$6.3 million loss a year earlier. The increase was primarily attributed to C$105.8 million in higher fair-value gains on derivative liabilities, preferred shares and other financial assets.

Cash generated from operating activities before working-capital changes improved to C$6.2 million, compared with C$0.7 million of cash used in the prior-year period. However, the company used C$4.3 million in operating activities after working-capital movements, versus generating C$14.6 million a year earlier, as it invested in inventory to support German demand and experienced sales-timing effects.

Free cash flow was an outflow of C$3.9 million, compared with an inflow of C$5 million in the prior-year quarter. As of June 30, Organigram had C$11.7 million in cash and cash equivalents and total liquidity of C$49.2 million, including debt facilities.

The company reaffirmed its expectation for fiscal 2026 revenue exceeding C$350 million, with adjusted gross margin and adjusted EBITDA meaningfully above fiscal 2025 levels. Management expects negative free cash flow for the full year due to integration and growth-related working-capital needs, but said it continues to anticipate positive free cash flow in the fourth quarter.

About Organigram Global (NASDAQ:OGI)Organigram Global Inc NASDAQ: OGI is a licensed producer of cannabis and hemp products headquartered in Moncton, New Brunswick, Canada. Founded in 2013, the company operates a state-of-the-art cultivation and manufacturing facility spanning more than one million square feet. Organigram holds licenses from Health Canada to produce and sell both medical and adult-use cannabis, and it pursues Good Manufacturing Practice (GMP) certification to support international exports.

The company's product portfolio encompasses dried flower, pre-rolled joints, cannabis oils, capsules and soft gels, as well as vapourizer cartridges and extracts.

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].

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

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After a bit of a dry spell during Warren Buffett's last year and a half as chief executive officer before he stepped down at the end of last year, Berkshire Hathaway's (BRKA +1.76%) (BRKB +1.46%) new CEO, Greg Abel, revived repurchases of the conglomerate's own stock.

It wasn't much. The company only bought back $235 million worth of Berkshire shares during Q1, a pittance compared to its current cash hoard of roughly $366 billion and market cap of more than $1.1 trillion.

Still, all big trends start out as small ones. Is that the case here? It certainly looks like it.

But first things first.

Not quite like other companies' stock buyback programs A stock buyback is precisely what it sounds like -- a publicly traded company repurchases its own shares already issued and outstanding. The purpose is to make the shares that remain in the public float more valuable by virtue of reducing the total number of them without reducing the company's underlying value. They're a relatively common way of adding shareholder value when there's not a great deal of other opportunistic uses for a company's idle cash.

Berkshire's buyback program isn't a particularly specific one. It's quite open-ended, in fact. As an official Securities and Exchange Commission filing in March explained: "Berkshire Hathaway Inc.'s long-standing common stock repurchase policy permits us to repurchase shares of our Class A and Class B Common Stock at any time we believe the repurchase price is below our intrinsic value, conservatively determined."

Image source: Getty Images.

Perhaps more important regarding any decision to buy its own stock, there's no predetermined budget or targeted share count reduction either. The same disclosure explains: "Our repurchase policy does not obligate us to acquire any specific number of shares. ... The timing and total amount of stock repurchases will depend on the market prices of our Class A and Class B common shares, market conditions, and other relevant factors." It then adds, "Repurchases may be suspended or discontinued at any time without prior notice."

A well-funded increase in repurchases And Berkshire's used this flexibility, to be sure.

As noted, after spending tens of billions of dollars on buybacks between 2018 and 2024 (much of which materialized during and because of the COVID-19 pandemic, which upended many stocks, including this one), Berkshire Hathaway suspended repurchases in the latter half of 2024 and all of 2025. It's not like the company turned hyper-aggressive on this front in Q1 of this year either. Again, it only spent $235 million buying back its own stock during that three-month stretch. That's practically nothing compared to the $10.1 billion in operating income the company reported for the same quarter. It was an almost negligible number.

It was also just the beginning, however. During the second quarter, Berkshire Hathaway spent a considerably greater $4.5 billion buying more of its own stock, before scooping up another $3.3 billion worth of its shares just last month, which is not reflected in the company's second-quarter report.

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It's a promising development for Berkshire shareholders, though. In the long run, it makes their stakes more valuable by taking some of the company's shares out of circulation. In the near term, however, it confirms this stock is priced below what management believes it's actually worth.

Management may well be right, too. Although its insurance arm had a modest 9% year-over-year dip in Q2 operating income, its breadwinning manufacturing, services, and retailing businesses pumped up their profits by 24% to nearly $4.5 billion. Berkshire Hathaway Energy and privately owned railroad BNSF also saw solid earnings growth, with the former boosting its bottom line to the tune of 27% during Q2. All together, operating profits increased 16% year over year.

Berkshire Hathaway's equity holdings in publicly traded companies like Coca-Cola and Alphabet also had net gains of nearly $12.7 billion in the second quarter of this year.

Still not the top reason to buy it now The key question for interested investors is whether Berkshire is a buy simply because of the company's newly rekindled and relatively aggressive stock repurchases.

In and of itself, it isn't -- plenty of lousy companies still fund buybacks.

Given everything else Berkshire Hathaway's clearly doing right at this time, though, its ramped-up repurchases certainly bolster the already bullish case. That case is still mostly built on growing operating earnings, and now, the fact that Abel is starting to do something with all of that idle cash. For the first time in a long time, Berkshire bought more stocks for its equity portfolio in Q2 than it sold. Not a whole lot more, mind you -- only about $20 billion worth. But it's a start that a bunch of increasingly impatient shareholders were waiting to see.

It will be interesting to see exactly which stocks Abel bought and sold when those disclosures are filed later this month. But Berkshire Hathaway's still a compelling buy in the meantime, even without that information.

Company outlines opportunity for more than $5 billion in potential savings for Texas electric
customers over the next decade driven by additional large load customers paying for more
infrastructure charges

CenterPoint committed to advancing Governor Abbott's call for greater transparency and clear
standards for new data centers and the requirements established by 2025's Senate Bill 6 to
safeguard Texans

CenterPoint's Greater Houston customers continue to have the lowest infrastructures charges of
any of the investor-owned electric utilities in the state

, /PRNewswire/ -- Today, as part of CenterPoint Energy's ongoing commitment to prioritize customer affordability, the company announced a historic Customer Savings Initiative that offers the opportunity to save Texas electric customers, including CenterPoint's Greater Houston residential, small & medium businesses, and commercial customers, more than $5 billion over the next decade. CenterPoint is committed to advancing Texas Governor Greg Abbott's recent call for greater transparency from developers and the need to set clear standards for the development, construction, and on-going operation of data centers in the state and is already working with customers to meet that call. The company fully supported the customer protections established by Senate Bill 6 in 2025 and has implemented these requirements for these new large load projects included as part of the Customer Savings Initiative.

CenterPoint's newly announced savings initiative, which builds on the company's successful efforts to keep electric rates the lowest of any Texas investor-owned electric transmission and distribution utility, is driven by the planned addition of up to 14 new gigawatts of ERCOT eligible base load and studied load projects. The additional load from these projects would translate into customer savings over the next decade through more and larger customers paying more of the share of fixed grid costs.

"Greater Houston has long been the energy capital of the world, but today it is the home of one of the most diverse economic regions anywhere in the nation. These new projects would help us deliver growth, innovation, and customer savings. We have a once-in-a-generation opportunity to generate historic levels of customer savings of more than $5 billion statewide by leveraging new investment in large projects to build a more affordable, reliable and resilient electric grid for millions of customers. These infrastructure investments and economic development opportunities have the potential to save current customers billions, while also creating jobs and generating millions in local tax revenue to improve our local schools and community public services," said Jason Wells, Chairman & Chief Executive Officer of CenterPoint Energy.

Customer Savings Initiative: An Enduring Commitment to Affordability

The company's Customer Savings Initiative represents CenterPoint's plan to promote greater customer savings and strengthen energy affordability over the coming decade. The pillars of this initiative include the following:

$5 Billion in Statewide Savings: The projected addition of up to 14 gigawatts of eligible base load and studied load projects, along with CenterPoint's continued effort facilitate more growth across the Greater Houston region will help CenterPoint meet future demand from industrial, business and residential growth and will translate into real savings for hard-working Texans. Strengthening the Commitment to Keep Rates Stable: For the past decade, the portion of the customer bill which covers investments in CenterPoint infrastructure has remained stable and increased by just over 1 percent per year (2014-2025), well below the national inflation rate over the same time period. Today, CenterPoint's Greater Houston customers pay the lowest cost per kilowatt hour than any of the other Texas investor-owned electric transmission and distribution utilities. The company achieved this through increasing the customer base, more efficiently financing operations and reducing costs. The addition of new base load will help CenterPoint continue to keep rates stable and affordable over the next decade, providing real energy savings to millions of Texas electric customers.  Committed to National Ratepayer Protection Pledge: CenterPoint signed and supported the recently announced National "Ratepayer Protection Pledge" that would prioritize customer affordability, while enabling private investment responsibly to strengthen the grid and connect more large load customers. Committed to Continuing to Work with Governor Greg Abbott, Legislators, and other state Leaders to Establish Greater Transparency and Clear standards: The framework implemented by the Texas Legislature and the call for greater clarity and clear standards called for by Governor Abbott will help drive continued economic growth, strengthen grid reliability and resiliency, and ensure that new large customers pay the costs associated with connecting and powering their business. CenterPoint stands behind that framework and is partnering with large customers who share that commitment. About CenterPoint Energy, Inc. 

As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of June 30, 2026, the company owned approximately $48.3 billion in assets. With approximately 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

Through expanding customer connections and making critical investments across the service area, the company is delivering on its mission to build an affordable, future-ready energy grid for its nearly 2.9 million Greater Houston customers.

Forward-Looking Statement
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as the potential for large load customer projects and the benefits therefrom (including customer savings, tax revenue and related benefits, and jobs creation), the reliability and resiliency of the electric grid, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) business strategies and strategic initiatives involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and CenterPoint's Quarterly Report on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

Media Contact: [email protected]

SOURCE CenterPoint Energy, Inc

Proposed Offer reflects a 45% premium to Aurora's 30-day VWAP and a 110% premium to Aurora's 30-day VWAP excluding balance sheet cash 

Provides Aurora shareholders with the opportunity to become owners of the premier global cannabis platform and participate in the significant long-term upside of the combined company

Combines Aurora's EU-GMP cultivation and manufacturing capacity with Curaleaf's EU-GMP processing capabilities and international distribution platform to immediately enhance combined margins and accelerate patient access across Europe, Canada, Australia, and New Zealand

Urges Aurora's Board to engage in good-faith discussions regarding the proposed transaction

, /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announces its intention to make an offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Aurora Shares") of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) ("Aurora") for consideration consisting of subordinate voting shares of Curaleaf (the "Curaleaf Shares") and cash.

The Offer will provide Aurora shareholders with total implied consideration of US$4.00 per share, comprised of 0.3463 Curaleaf Shares (the "Share Consideration"), plus US$0.75 cash (the "Cash Consideration", and collectively with the Share Consideration, the "Offer Consideration"), for each Aurora Share. Based on Aurora's 30-day Volume Weighted Average Price ("VWAP") of US$2.75, the Offer Consideration implies a premium of 45% over the 30-day VWAP. Excluding the value of the cash and cash equivalents that Aurora has on its balance sheet, the Offer represents a premium of 110% premium to Aurora's 30-day VWAP.

In the event of a substantial rise in the trading price of Curaleaf Shares before take-up under the Offer, the value of the Offer Consideration offered for each Aurora Share will be subject to a cap of US$5.00 (based on the 20-day VWAP of Curaleaf Shares, the "Cap Price"). In such case, Curaleaf will adjust the number of Curaleaf Shares offered as consideration in the Offer, such that the Offer Consideration for each Aurora Share is equal to the Cap Price. This Cap Price would represent a premium of 82% over the 30-day VWAP and a 197% premium above 30-day VWAP excluding the value of the cash and cash equivalents that Aurora has on its balance sheet.  

No formal take-over bid has been commenced and there is no assurance the proposed offer will ultimately be made.

Boris Jordan, Chairman of the Board and Chief Executive Officer of Curaleaf, stated: "We believe this combination represents a win-win for Curaleaf and Aurora shareholders. We are offering Aurora shareholders a unique opportunity to participate in a more highly diversified global platform and increase their exposure to U.S. regulatory tailwinds. By combining Curaleaf's global distribution platform with Aurora's leading international medical cannabis franchise and EU-GMP cultivation and manufacturing capacity, we see significant potential to unlock value through substantial cost and revenue synergies.

Curaleaf is making its intention public following repeated attempts to engage with Aurora's leadership, beginning with a June 23, 2026 formal letter of intent from Boris Jordan, Chairman of the Board and Chief Executive Officer of Curaleaf, to Aurora's Chairman and CEO Miguel Martin outlining the proposal, its compelling strategic rationale, and Curaleaf's readiness to enter a mutual non-disclosure agreement to conduct reciprocal due diligence. Following Aurora's refusal to engage in good-faith discussions on those terms, Curaleaf sent a follow-up letter on July 7, 2026. To date, Aurora has been unwilling to engage in constructive discussions.

"We approached Aurora privately and constructively on multiple occasion," Mr. Jordan continued. "We were very disappointed that the Board refused to meaningfully engage. We will now take our proposal directly to Aurora shareholders because the premium is significant, the strategic rationale is compelling, and further delay is unjustified. Curaleaf remains ready to engage constructively with Aurora's Board to advance this value-maximizing transaction, and we are prepared to move quickly toward a definitive agreement."

Curaleaf believes a combination of the two companies would result in significant strategic and financial advantages, including:

Create the leading global cannabis platform: The combined company would bring together two leading multi-country operators, boast a footprint in 17 countries across Europe, North America, and other emerging international markets, and a highly attractive financial profile with more than US$1.5 billion of last twelve months' ("LTM") revenue and nearly US$350 million of LTM Adjusted EBITDA. Superior manufacturing and distribution capabilities: Overall, the transaction is expected to be immediately accretive to both Curaleaf International's and the consolidated combined company's margins through greater vertical integration, enhanced control of production and supply, and the capture of value across the international cannabis supply chain. The transaction would secure Curaleaf International's supply chain by providing access to Aurora's more than 50 tons of annual EU-GMP cultivation and manufacturing capacity, including the recently acquired Safari Flower Company, complementing Curaleaf's three operational EU-GMP certified facilities in Portugal, Spain and Canada. Further, Aurora shareholders would benefit from Curaleaf's unmatched international infrastructure, including leading positions in Germany, the U.K., and Poland, as well as extensive pharmacy and clinic networks and a global supply chain spanning Europe and other key international markets. Unlock stronger growth and profitability: The combined company would further extend its position as the global cannabis industry leader while strengthening and solidifying its presence across Europe through a diversified, vertically integrated supply chain spanning cultivation, manufacturing, distribution, and patient access. Curaleaf expects to generate at least US$40 million of annual cost synergies, while also unlocking additional value through the implementation of enhanced cultivation standards, deployment of Curaleaf's leading genetics portfolio across Aurora's facilities, and optimization of cultivation capacity across the combined footprint. These initiatives, together with the companies' complementary assets and market positions, are expected to drive long-term revenue acceleration and margin expansion. Access to the world's largest cannabis market: Aurora shareholders would immediately gain exposure to the U.S. market, which currently generates roughly $32 billion in legal annual sales (as per BDSA). As the U.S. cannabis industry enters a period of potentially transformative regulatory and industry catalysts, including the potential rescheduling of cannabis at the federal level and the continued expansion of legal markets through state-led medical and adult-use legalization initiatives, Curaleaf believes the U.S. presents a significant long-term growth opportunity in the global cannabis sector. With leading positions across key states and in several product categories, a portfolio of established brands, and scaled operations, Curaleaf is uniquely positioned to capitalize on an expanding addressable market, evolving regulatory framework, and increasing consumer adoption. Enhanced scale, liquidity, and access to global capital markets: The combined company would be a larger, more diversified global cannabis platform with a pro forma market capitalization approaching US$3.0 billion, enhanced liquidity, broader investor appeal, and expanded future capital markets opportunities. As one of the largest and most diversified cannabis companies globally, the combined entity would be uniquely positioned as the premier public vehicle for blue-chip institutional and long-term investors seeking exposure to a top-tier cannabis investment opportunity. The full text of each of the June 23, 2026, and July 7, 2026 letters is included on our webpage: https://grow.curaleaf.com.

Advisors

Canaccord Genuity Corp is serving as Curaleaf's financial advisor, Dentons is serving as Curaleaf's legal advisor, Kekst CNC is serving as strategic communications counsel, and Carson Proxy Advisors is serving as proxy solicitation advisor and information agent.

Offer Process

Full details of the Offer will be provided in a formal offer and take-over bid circular, letter of transmittal and notice of guaranteed delivery (collectively, the "Offer Documents") to be filed with Canadian securities regulatory authorities and with the U.S. Securities and Exchange Commission, and mailed to Shareholders. The Offeror will request a list of security holders from Aurora and expects to mail the Offer Documents as soon as practicable after receipt of such list. The Offer will be open for acceptance for a period of 105 days following formal commencement, unless the Offer is extended, accelerated or withdrawn in accordance with its terms. The Offer will be conditional upon certain conditions being satisfied or, where permitted, waived at or prior to the expiry of the Offer. Such conditions will include, among others to be described in the formal offer and take-over bid circular.

The Offer will not be subject to any due diligence or financing conditions.

Intention to Make an Offer

Aurora shareholders should note that Curaleaf has not yet commenced the Offer and should carefully review the cautionary statements set out below in this press release respecting the status of the Offer and the factors that may cause Curaleaf not to make the Offer.

Curaleaf may determine not to make the Offer if: (i) it identifies material adverse information concerning the business, affairs, prospects or assets of Aurora not previously disclosed by Aurora; (ii) Aurora implements or attempts to implement defensive tactics (such as a shareholder rights plan, grant of an option (or similar right) to purchase material assets, material acquisitions, issuances of shares (including, a private placement), or increased indebtedness (including, incurrence of significant new liabilities) in relation to the Offer); (iii) Aurora completes or undertakes to complete any significant transactions; or (iv) Aurora determines to engage with Curaleaf to negotiate the terms of a combination transaction and the parties determine to undertake that transaction utilizing a structure other than a takeover bid (such as a plan of arrangement). Accordingly, there can be no assurance that the Offer will be made or that the final terms of the Offer will be as set out in this press release.

This press release does not constitute an offer to buy or the solicitation of an offer to sell any securities of the Offeror or Aurora.

About Curaleaf Holdings

Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Dark Heart, and Anthem provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.

Contacts

Media Contact
Kekst CNC
[email protected]

Shareholder Contact
Carson Proxy Advisors
North American Toll Free Phone: 1-800-530-5189
Local (Collect outside North America): 416-751-2066
Email: [email protected] 

Cautionary Statement Regarding Forward Looking Statements

This press release contains certain "forward-looking statements" within the meaning of such statements under applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward looking statements in this news release include statements regarding the proposed terms of the Offer, the expected benefits of the Offer to the combined company and the financial and strategic benefits of the Offer noted above. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release, including assumptions based upon Aurora's publicly disclosed information, and that there will be no change in the business, prospects or capitalization of Aurora or Curaleaf. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. A more complete discussion of the risks and uncertainties facing the Company appears in the Company's Annual Information Form and continuous disclosure filings, which are available at www.sedarplus.com.

In particular, this press release contains forward-looking information concerning:

the Offer, various terms of the Offer and the anticipated timing of commencement of the Offer; expectations with respect to synergies and efficiencies that may be achieved upon a combination of the businesses of Aurora and Curaleaf; and expectations with respect to business and geographical diversification of the combined entity. Cautionary Statement Respecting Aurora Information

The information concerning Aurora contained in this press release has been taken from, or is based upon, publicly available information filed by Aurora with securities regulatory authorities in Canada prior to the date of this press release and other public sources. Aurora has not reviewed this press release and has not confirmed the accuracy and completeness of the Aurora information contained herein. Neither Curaleaf, nor any of its officers or directors assumes any responsibility for the accuracy or completeness of such Aurora information. Curaleaf has no means of verifying the accuracy or completeness of any of the Aurora information contained in this press release.

Notice to U.S. Holders

The Offer will be made for the securities of a company formed outside of the United States. The Offer will be subject to disclosure requirements of Canada that are different from those of the United States. Financial statements included in the documents, if any, will be prepared in accordance with Canadian accounting standards and may not be comparable to the financial statements of United States companies.

It may be difficult for a securityholder in the United States to enforce his/her/its rights and any claim a securityholder may have arising under the U.S. federal securities laws, since the issuer is located in Canada, and some or all of its officers or directors may be residents of Canada or another country outside of the United States. A securityholder may not be able to sue a Canadian company or its officers or directors in a court in Canada or elsewhere outside of the United States for violations of U.S. securities laws. It may be difficult to compel a Canadian company and its affiliates to subject themselves to a U.S. court's judgment.

Securityholders should be aware that the issuer may purchase securities otherwise than under the Offer, such as in open market or privately negotiated purchases.

Cautionary Statement Respecting Status of the Offer

Curaleaf has not yet commenced the offer noted above in this press release. Upon commencement of the Offer, Curaleaf will file a takeover bid circular with various securities commissions in Canada. The takeover bid circular will contain important information about the Offer and should be read in its entirety by Aurora shareholders and others to whom the Offer is addressed. After the Offer is commenced, Aurora shareholders (and others) will be able to obtain, at no charge, a copy of the offer to purchase, takeover bid circular and various associated documents when they become available on the system for electronic document analysis and retrieval+ (SEDAR+) at www.sedarplus.com. This announcement is for informational purposes only and does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any other solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for any security. The offer will not be made in, nor will deposits of securities be accepted from a person in, any jurisdiction in which the making or acceptance thereof would not be in compliance with the laws of such jurisdiction. However, Curaleaf may, in its sole discretion, take such action as it deems necessary to extend the offer in any such jurisdiction.

SOURCE Curaleaf Holdings, Inc.

A securities fraud class action lawsuit has been filed on behalf of Peabody investors after its stock plummeted over 9% because Peabody allegedly misled investors regarding the coal production at Centurion, its flagship premium hard coking coal mine.

, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Peabody Energy Corporation (NYSE: BTU) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Peabody, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/peabody-class-action-lawsuit.

Key Details of the Peabody ($BTU) Class Action:

Lead Plaintiff Deadline: August 24, 2026 Alleged Misconduct: Securities fraud relating to Peabody's statements about the coal production at Centurion, its flagship premium hard coking coal mine. Largest Alleged Stock Drop: March 30, 2026 – 9.7% stock drop Court: U.S. District Court for the Eastern District of Missouri Action: Contact BFA Law to discuss your rights Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Peabody common stock. The class action is pending in the U.S. District Court for the Eastern District of Missouri. It is captioned McGeachy v. Peabody, et al., No. 26-cv-01020.

Why is Peabody Being Sued for Securities Fraud?

Peabody is a producer of metallurgic and thermal coal that owns interests in 16 active coal mining operations in the United States and Australia.

According to the complaint, during the relevant period, Peabody announced it would be increasing production from its flagship premium hard coking coal mine, Centurion due to an acceleration of longwall operations. Peabody stated that shipments of Centurion's premium hard coking coal would expand sevenfold in 2026 to 3.5 million tons and even more beyond that time. On February 5, 2026, Peabody indicated that the team was "putting the finishing touches on the Centurion mine in advance of starting longwall mining, well ahead of its original schedule."

As alleged, in truth, the Centurion mine was facing significant commissioning challenges resulting in increased costs and volume decreases in its production.

Why did Peabody's Stock Drop?

On March 30, 2026, Peabody announced lower sales volume from the Centurion mine due to a delivery of only 250,000 tons in the first quarter. Peabody attributed the low volume to "greater than anticipated mine commissioning challenges."

This news caused the price of Peabody common stock to drop $3.82 per share, or 9.7%, from $39.50 per share on March 27, 2026, to $35.68 per share on March 30, 2026.

Then, on May 5, 2026, Peabody announced additional delays to the commissioning of the Centurion mine as well as increased costs and lower volume. Peabody stated it only expected to sell about 300,000 tons in the second quarter and reduced its full year sales outlook for Centurion from 3.5 million tons to 2.5 million tons.

This news caused the price of Peabody common stock to drop $1.52 per share, or 5.7%, from $26.52 per share on May 4, 2026, to $25.00 per share on May 5, 2025.

Click here for more information: https://www.bfalaw.com/cases/peabody-class-action-lawsuit.

What Can You Do?

If you invested in Peabody, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/peabody-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/peabody-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

SOURCE Bleichmar Fonti & Auld LLP

HF Sinclair Corp logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesAug 11 (Reuters) - Phillips 66 (PSX.N), opens new tab, Kinder Morgan (KMI.N), opens new tab and HF Sinclair (DINO.N), opens new tab said on Tuesday they have decided ​to proceed with the proposed $5 billion Western Gateway Pipeline ‌system and finalized a joint venture agreement for the same.

Phillips 66 will own 49.9% of the venture, Kinder Morgan 35.1% and HF Sinclair 15%.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

Companies ​have been racing to build a major new fuel ​pipeline to the U.S. West Coast ahead of planned ⁠refinery closures in California, a relatively isolated fuel market with ​limited links to major refining hubs that leave it vulnerable to ​supply disruptions and price spikes.

Western Gateway is a proposed 1,300-mile refined products pipeline system with a design capacity of 230,000 barrels per day that would ​establish a new fuel supply route from St. Louis, Missouri ​and Gulf Coast origin points to Arizona and California.

Phillips 66's Gold Pipeline, ‌which ⁠currently runs from Borger, Texas to St. Louis, will be reversed to supply the proposed east-to-west system, as will Kinder Morgan's existing pipeline between Colton, California and Phoenix, Arizona.

Meanwhile, after the completion ​of a new ​pipeline from ⁠Borger to Phoenix, Kinder Morgan's existing SFPP East Line and West Line assets will be contributed ​to the joint venture at a value of ​about $1.5 billion, ⁠the companies said.

Phillips 66 will contribute nearly $2.5 billion in cash for the project — which has an estimated enterprise value of $5 billion — while ⁠Kinder ​Morgan will contribute about $250 million and ​HF Sinclair about $750 million.

The new system would be underpinned by primarily 10-year, take-or-pay contracts, ​they added.

Reporting by Pooja Menon in Bengaluru; Editing by Jonathan Ananda

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

Posted by Defense World Staff on Aug 11th, 2026

Floor & Decor Holdings, Inc. (NYSE:FND – Get Free Report) insider Thomas Taylor sold 218,189 shares of Floor & Decor stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $62.30, for a total value of $13,593,174.70. Following the completion of the sale, the insider owned 229,820 shares of the company’s stock, valued at $14,317,786. The trade was a 48.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Floor & Decor Price Performance Shares of NYSE:FND opened at $59.28 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.45 and a current ratio of 1.33. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 5.08 and a beta of 1.57. The business has a 50-day simple moving average of $55.14 and a two-hundred day simple moving average of $56.54. Floor & Decor Holdings, Inc. has a fifty-two week low of $42.64 and a fifty-two week high of $92.40.

Floor & Decor (NYSE:FND – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. Floor & Decor had a net margin of 4.93% and a return on equity of 8.20%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter last year, the firm posted $0.58 EPS. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 2.200-2.450 EPS. On average, analysts expect that Floor & Decor Holdings, Inc. will post 1.99 earnings per share for the current year.

Institutional Inflows and Outflows Several institutional investors and hedge funds have recently modified their holdings of FND. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Floor & Decor by 9.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,833 shares of the company’s stock valued at $27,346,000 after purchasing an additional 30,195 shares in the last quarter. Invesco Ltd. grew its holdings in Floor & Decor by 290.8% during the second quarter. Invesco Ltd. now owns 597,083 shares of the company’s stock valued at $45,354,000 after purchasing an additional 444,290 shares during the period. California Public Employees Retirement System increased its position in Floor & Decor by 12.7% in the second quarter. California Public Employees Retirement System now owns 140,132 shares of the company’s stock worth $10,644,000 after buying an additional 15,821 shares in the last quarter. State Street Corp raised its stake in shares of Floor & Decor by 1.1% in the second quarter. State Street Corp now owns 3,811,571 shares of the company’s stock worth $289,527,000 after buying an additional 42,636 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Floor & Decor by 33.9% in the second quarter. Sei Investments Co. now owns 343,573 shares of the company’s stock worth $26,098,000 after buying an additional 87,013 shares during the period.

Analysts Set New Price Targets A number of equities research analysts have weighed in on FND shares. Mizuho decreased their target price on shares of Floor & Decor from $72.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Wells Fargo & Company raised their price target on Floor & Decor from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Telsey Advisory Group lifted their price objective on Floor & Decor from $61.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Bank of America cut Floor & Decor from a “buy” rating to an “underperform” rating and set a $45.00 price objective for the company. in a research report on Friday, April 17th. Finally, Evercore set a $60.00 target price on Floor & Decor in a report on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $59.42.

Get Our Latest Report on FND

About Floor & Decor (Get Free Report)

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.

Featured Articles Five stocks we like better than Floor & Decor SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Receive News & Ratings for Floor & Decor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Floor & Decor and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEUFP Technologies (NASDAQ:UFPT) Chairman R Jeffrey Bailly Sells 10,682 Shares

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Posted by Defense World Staff on Aug 11th, 2026

Bank of America Corp DE lowered its position in shares of Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) by 5.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 728,066 shares of the company’s stock after selling 45,034 shares during the quarter. Bank of America Corp DE owned 0.94% of Pinnacle Financial Partners worth $62,716,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PNFP. Brown Brothers Harriman & Co. acquired a new stake in Pinnacle Financial Partners in the 3rd quarter valued at $26,000. Resources Management Corp CT ADV acquired a new stake in shares of Pinnacle Financial Partners in the 1st quarter valued at approximately $26,000. BOKF NA boosted its holdings in shares of Pinnacle Financial Partners by 1,204.5% in the 3rd quarter. BOKF NA now owns 287 shares of the company’s stock valued at $27,000 after buying an additional 265 shares during the last quarter. High Point Wealth Management LLC bought a new position in shares of Pinnacle Financial Partners in the fourth quarter valued at $27,000. Finally, Activest Wealth Management acquired a new position in Pinnacle Financial Partners during the fourth quarter worth $28,000. 87.40% of the stock is owned by institutional investors.

Insider Transactions at Pinnacle Financial Partners In other news, insider Robert A. Mccabe, Jr. bought 10,013 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average price of $99.90 per share, with a total value of $1,000,298.70. Following the completion of the purchase, the insider directly owned 324,233 shares of the company’s stock, valued at approximately $32,390,876.70. This represents a 3.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, insider M Terry Turner sold 2,737 shares of Pinnacle Financial Partners stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $108.01, for a total value of $295,623.37. Following the completion of the transaction, the insider directly owned 422,614 shares of the company’s stock, valued at approximately $45,646,538.14. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.30% of the company’s stock.

Pinnacle Financial Partners Price Performance Shares of Pinnacle Financial Partners stock opened at $104.56 on Tuesday. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 0.42 and a beta of 1.03. Pinnacle Financial Partners, Inc. has a fifty-two week low of $81.08 and a fifty-two week high of $110.33. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.93. The company has a 50 day moving average of $99.87.

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.04. Pinnacle Financial Partners had a return on equity of 10.93% and a net margin of 15.40%.The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.24 billion. On average, analysts expect that Pinnacle Financial Partners, Inc. will post 10.19 earnings per share for the current year.

Pinnacle Financial Partners Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. Pinnacle Financial Partners’s payout ratio is currently 27.47%.

Analyst Upgrades and Downgrades PNFP has been the topic of a number of research analyst reports. DA Davidson upped their target price on shares of Pinnacle Financial Partners from $109.00 to $112.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Wall Street Zen raised shares of Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Robert W. Baird began coverage on Pinnacle Financial Partners in a research note on Tuesday, May 19th. They issued an “outperform” rating and a $115.00 price target for the company. Benchmark raised their target price on shares of Pinnacle Financial Partners from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Wells Fargo & Company boosted their target price on shares of Pinnacle Financial Partners from $111.00 to $118.00 and gave the company an “equal weight” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $118.35.

Read Our Latest Stock Analysis on Pinnacle Financial Partners

Pinnacle Financial Partners Profile (Free Report)

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.

See Also Five stocks we like better than Pinnacle Financial Partners SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Want to see what other hedge funds are holding PNFP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report).

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Posted by Defense World Staff on Aug 11th, 2026

Red Rock Resorts, Inc. (NASDAQ:RRR – Get Free Report) President Scott Kreeger sold 31,159 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $61.78, for a total transaction of $1,925,003.02. Following the transaction, the president directly owned 203,881 shares in the company, valued at $12,595,768.18. This trade represents a 13.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Red Rock Resorts Trading Down 1.0% NASDAQ:RRR opened at $61.29 on Tuesday. Red Rock Resorts, Inc. has a one year low of $50.52 and a one year high of $68.99. The company has a debt-to-equity ratio of 14.42, a quick ratio of 0.76 and a current ratio of 0.81. The firm has a market cap of $6.44 billion, a P/E ratio of 21.66, a P/E/G ratio of 4.58 and a beta of 1.36. The firm has a 50-day simple moving average of $62.98 and a 200-day simple moving average of $59.82.

Red Rock Resorts (NASDAQ:RRR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.16. The firm had revenue of $510.26 million for the quarter, compared to the consensus estimate of $500.08 million. Red Rock Resorts had a net margin of 8.43% and a return on equity of 55.65%. The company’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period last year, the firm earned $0.95 earnings per share. Equities analysts anticipate that Red Rock Resorts, Inc. will post 1.5 EPS for the current fiscal year.

Red Rock Resorts Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 15th. Red Rock Resorts’s dividend payout ratio (DPR) is 36.75%.

Wall Street Analyst Weigh In Several research firms have recently commented on RRR. Bank of America boosted their price target on Red Rock Resorts from $60.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $72.00 price objective on shares of Red Rock Resorts in a research report on Thursday, April 30th. Citizens Jmp lifted their target price on Red Rock Resorts from $69.00 to $71.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 5th. Truist Financial boosted their target price on shares of Red Rock Resorts from $68.00 to $75.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Finally, Citigroup reaffirmed a “buy” rating on shares of Red Rock Resorts in a research report on Wednesday, August 5th. Fourteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $71.88.

View Our Latest Stock Report on Red Rock Resorts

Institutional Investors Weigh In On Red Rock Resorts Large investors have recently modified their holdings of the business. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in Red Rock Resorts during the 2nd quarter worth about $120,743,000. Valeo Financial Advisors LLC increased its stake in shares of Red Rock Resorts by 4.7% during the second quarter. Valeo Financial Advisors LLC now owns 5,201 shares of the company’s stock worth $338,000 after purchasing an additional 234 shares in the last quarter. SWP Investment Management LLC acquired a new position in shares of Red Rock Resorts during the 2nd quarter worth about $2,782,000. Empowered Funds LLC acquired a new position in shares of Red Rock Resorts during the 1st quarter worth about $269,000. Finally, Segall Bryant & Hamill LLC lifted its stake in Red Rock Resorts by 123.6% in the 1st quarter. Segall Bryant & Hamill LLC now owns 36,165 shares of the company’s stock valued at $1,930,000 after buying an additional 19,991 shares in the last quarter. Hedge funds and other institutional investors own 47.84% of the company’s stock.

Red Rock Resorts Company Profile (Get Free Report)

Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.

The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.

See Also Five stocks we like better than Red Rock Resorts SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Receive News & Ratings for Red Rock Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Rock Resorts and related companies with MarketBeat.com's FREE daily email newsletter.

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Solana is preparing for a major governance vote set for August 23 to 29, which could see nearly 18.9 million SOL removed from the network’s long-term issuance plans. At current valuations, the reduction would prevent about $1.39 billion worth of SOL from being minted in the future, according to a detailed analysis by Fire Hustle.

Proposals aim to reshape issuance and burn dynamicsThe upcoming vote will assess two major proposals targeting Solana’s tokenomics. The first, SGP-0002, seeks to accelerate the network’s path toward its eventual 1.5% annual issuance floor. Under the current system, this milestone would be reached in nearly six years, but the proposal aims to shorten the timeline to less than three years.

Solana’s annual issuance rate started at 8% and has already decreased to around 3.8%. The network now distributes roughly 60,000 SOL per day as validator rewards, making this proposal a potential turning point for how quickly new tokens enter circulation.

Fire Hustle highlights that the first proposal will not affect the eventual issuance rate, but rather accelerates when it is achieved, with significant implications for long-term sell pressure and validator payouts.

A second proposal, SGP-0003, covers Solana’s transaction fees. It would allocate a base fee to validators, while a compute-based fee component would be fully burned. Initial estimates suggest the daily burn could jump from around 648 SOL to 1,500 to 1,800, with the potential to reach 7,500 to 9,000 SOL once fully implemented. Despite these increases, overall issuance would continue to outpace the amount burned.

Validator impact and community stakesThe proposed changes have raised concerns among smaller network validators. Fire Hustle estimates that maintaining a validator costs about 350 SOL annually, yet many small operators already face losses due to limited delegated stake and low commission income. Currently, around 290 validators are operating at negative margins, a number that could rise to 320 within three years if the issuance declines as planned.

The Solana Foundation’s gradual reduction in delegation support for these smaller validators may add further pressure. Helios, regarded as Solana’s largest infrastructure provider, and Jupiter have emerged as major supporters, committing 16 million SOL and 12.47 million SOL respectively in backing the new proposals. Fire Hustle points out that Helios engineers played a significant role in drafting both measures.

The analyst describes the vote as a pivotal moment for Solana’s economic model, especially regarding whether the network can adjust monetary policy without destabilizing incentives for its validator base.

Governance changes and broader implicationsSolana’s new on-chain governance enables stakers to override their validator’s vote directly, adding democratic flexibility to the process. This development could be decisive, since a comparable proposal in March 2025 attracted more than 74% participation but failed to garner the 66.6% required approval threshold, closing with only 43.6% in favor.

With community turnout and ongoing market demand both critical for the outcome, the network’s broader supply and incentive structure remains in focus. If adopted, these measures would not create an immediate price impact, but rather test the project’s ability to balance sustainable issuance with validator rewards—a key element of long-term network health.

For users navigating these proposed technical changes and seeking real-time market reactions, platforms like CryptoAppsy offer a streamlined solution. By aggregating investments, real-time price data, and detailed portfolio analytics on one dashboard, users can follow live macroeconomic data such as Fed rate decisions, set smart alerts, and track relevant news for any coin under discussion—helping investors stay agile as protocol changes unfold.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

TL;DR: A hawkish BoE tailwind has lifted Sterling this week, but Thursday’s June monthly GDP — not the flattering Q2 headline — will determine whether that hawkish drift can survive into September, with EUR/GBP downside and GBP/CHF upside both hanging on the answer.

Sterling Has a Hawkish BoE Tailwind — But Thursday Will Test It Sterling has been mildly firmer against the Euro and Swiss Franc this week, helped in part by an increasingly hawkish tone inside the BoE. At the July 30 meeting, the MPC voted 6–3 to hold Bank Rate at 3.75%, with Megan Greene, Catherine Mann, and Huw Pill backing a hike to 4.00%. Governor Andrew Bailey remained cautious and played down expectations of an imminent move, but the direction of the voting pattern is hard to ignore.

Hawkish dissent has widened at every meeting this year:

April: 8–1. June: 7–2. July: 6–3. That’s a more meaningful signal than a static minority repeatedly casting the same votes. It suggests the Committee is gradually moving closer to another hike, even if the majority isn’t there yet. Put differently, the BoE is still holding, but hawkish pressure is building underneath that hold.

Oil Is Making the Policy Question More Urgent The recent rise in oil adds urgency to that debate. The ECB has already tightened in response to energy-driven inflation pressure, while the BoE has so far stayed put. If crude remains elevated, higher energy costs will keep feeding into the UK inflation outlook and increase pressure on the MPC to prevent second-round effects from taking hold.

Still, the BoE cannot respond to oil in isolation. The key question is whether the domestic economy is strong enough to tolerate another increase. That’s why Thursday’s GDP data matter. Strong activity would give existing hawks more room to argue inflation risk deserves priority; a sharper slowdown would strengthen Bailey’s and others’ case for patience.

For Sterling, this relative policy backdrop matters most against currencies where central-bank divergence is clearer. EUR/GBP reflects whether the BoE can begin closing the gap with the ECB, while GBP/CHF has an even cleaner setup given expectations that SNB rates stay pinned near bottom for the foreseeable future.

Why Q2 GDP May Flatter the Underlying Picture Headline Q2 GDP is expected to show 0.4% q/q growth, down from 0.6% in Q1 but still respectable given disruption from the Iran war. Yet that number may overstate underlying resilience.

Earlier in the quarter, manufacturers and clients front-loaded purchases to protect against expected price increases and supply disruption. S&P Global’s May PMI commentary explicitly linked stronger output to that stockpiling behavior, while June data showed those effects fading. That means part of Q2 growth may simply have been activity pulled forward — so a 0.4% quarterly print can look healthy while masking a much weaker economy at quarter-end.

Why June Is the Number That Really Matters That’s why June monthly GDP may carry more information than the Q2 headline itself. June output is expected to fall -0.1% m/m, reversing May’s 0.1% increase. By that point, much of the earlier front-loading had faded, making the monthly figure a cleaner read on how the economy was actually entering Q3.

If Q2 comes in around 0.4% but June contracts more sharply than expected, markets may conclude that resilience was temporary and dependent on stockpiling — giving BoE doves a stronger argument to resist tightening. If June instead holds up better than expected, the message would be much more supportive for Sterling, suggesting the economy retained momentum even after temporary war-related support faded, giving the hawkish bloc more room to expand in September.

So Thursday’s real test isn’t simply whether the UK grew in Q2 — it’s whether the UK economy still had momentum once stockpiling stopped.

ActionForex’s Technical View: EUR/GBP and GBP/CHF EUR/GBP has twice been rejected by the falling 55-day EMA, keeping the downtrend from 0.8863 intact. A break of 0.8528 minor support would suggest the rebound from 0.8453 has already run its course and bring a deeper fall back to retest 0.8453. A sustained break there would reopen the broader decline from 0.8863.

That technical setup would fit a stronger June GDP print particularly well. If the economy proves resilient enough to keep BoE hawks gaining ground, Sterling would have a clearer relative policy advantage against the Euro. On the other hand, a weak June print would weaken that argument and reduce pressure for another EUR/GBP leg lower.

GBP/CHF may offer an even cleaner expression of Sterling strength because the SNB policy outlook is far less hawkish. The rally from 1.0281 is still in progress, although momentum has stalled near the rising channel ceiling. Further upside remains favored while 1.0808 support holds.

A decisive break through channel resistance would open scope for acceleration toward the 161.8% projection of 1.0281 to 1.0674 from 1.0468, at 1.1104. Loss of 1.0808 would instead argue the rally is entering a deeper correction.

Thursday Is Really About September Q2 headline will get attention, but June could decide how markets frame the September BoE meeting. Three consecutive meetings of widening hawkish dissent show the Committee is drifting closer to tightening. Higher oil gives hawks more inflation ammunition — what they still need is evidence the economy can absorb another move.

A resilient June print would strengthen the case for EUR/GBP downside and GBP/CHF upside. A weak one would suggest Q2 strength was partly borrowed from earlier stockpiling, giving BoE doves stronger ground to push back.

Key Takeaways BoE hawkish dissent has widened at every meeting this year, from 8-1 in April to 6-3 in July, signaling gradual movement toward tightening even without a majority yet. Higher oil is adding inflation pressure the BoE can’t ignore, but the Committee needs evidence the economy can absorb a hike before acting on it. June monthly GDP (forecast -0.1% m/m) matters more than the flattering 0.4% Q2 headline, since Q2 strength was partly inflated by stockpiling that faded by June. A resilient June print would support EUR/GBP downside toward 0.8453 and GBP/CHF upside toward 1.1104; a weak print would favor BoE doves and undercut both trades. Thursday’s data matters most for how it shapes September BoE expectations, not for the Q2 headline number itself.

ActionForex

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Posted by Defense World Staff on Aug 11th, 2026

Atreides Management LP lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 38.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 953,560 shares of the e-commerce giant’s stock after purchasing an additional 265,761 shares during the quarter. Amazon.com comprises approximately 4.0% of Atreides Management LP’s portfolio, making the stock its 6th biggest position. Atreides Management LP’s holdings in Amazon.com were worth $198,598,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AMZN. Encore Global Management LP purchased a new position in Amazon.com during the 1st quarter worth $3,436,000. Opal Capital LLC raised its holdings in Amazon.com by 92.4% during the first quarter. Opal Capital LLC now owns 26,834 shares of the e-commerce giant’s stock worth $5,589,000 after purchasing an additional 12,889 shares in the last quarter. Kanen Wealth Management LLC acquired a new stake in Amazon.com in the first quarter valued at about $444,000. Sunbelt Securities Inc. lifted its position in Amazon.com by 1.9% in the first quarter. Sunbelt Securities Inc. now owns 88,838 shares of the e-commerce giant’s stock valued at $18,502,000 after purchasing an additional 1,658 shares during the period. Finally, Guardian Partners Inc. boosted its holdings in Amazon.com by 10.4% in the 1st quarter. Guardian Partners Inc. now owns 23,088 shares of the e-commerce giant’s stock valued at $4,820,000 after purchasing an additional 2,182 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Price Performance AMZN opened at $278.09 on Tuesday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company’s 50 day simple moving average is $246.69 and its 200 day simple moving average is $237.78. The stock has a market capitalization of $3.00 trillion, a PE ratio of 22.37, a P/E/G ratio of 1.83 and a beta of 1.45. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.68 earnings per share. As a group, sell-side analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current year.

Insider Buying and Selling at Amazon.com In related news, SVP David Zapolsky sold 9,270 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $268.53, for a total value of $2,489,273.10. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $11,060,750.70. This trade represents a 18.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. This trade represents a 1.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 77,867 shares of company stock worth $20,532,092. 8.90% of the stock is currently owned by company insiders.

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

Positive Sentiment: Amazon’s recent earnings breakout is attracting continued investor interest. Renewed AWS growth and accelerating AI demand could support earnings momentum and a post-earnings drift higher. Amazon: A Post-Earnings Drift Candidate Positive Sentiment: Analysts and market commentators point to accelerating cloud revenue as a potential long-term driver that could help Amazon grow beyond its recently achieved $3 trillion market capitalization. Amazon Just Joined the $3 Trillion Club Positive Sentiment: A reported institutional and retail “Power Inflow” alert provided a short-term bullish trading signal, helping reinforce buying momentum in AMZN. Amazon Shares Up After Key Trading Signal Positive Sentiment: Amazon’s Zoox robotaxi subsidiary began paid rides in Las Vegas after receiving a federal commercial exemption, marking a meaningful commercialization milestone for the company’s autonomous-vehicle investment. Zoox to Begin Paid Rides Positive Sentiment: Amazon Pharmacy is offering eligible Medicare patients access to certain weight-loss drugs for $50 per month, potentially expanding customer engagement and the company’s healthcare presence. Amazon Pharmacy Rolls Out Low-Cost Weight-Loss Drugs Wall Street Analysts Forecast Growth A number of brokerages have recently issued reports on AMZN. Robert W. Baird set a $310.00 target price on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, July 31st. Benchmark lifted their price target on Amazon.com from $370.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Telsey Advisory Group set a $335.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. HSBC reiterated a “buy” rating and issued a $310.00 price target on shares of Amazon.com in a report on Friday, July 31st. Finally, Citigroup reaffirmed a “buy” rating and set a $350.00 price objective (up from $325.00) on shares of Amazon.com in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $322.56.

View Our Latest Stock Analysis on AMZN

Amazon.com Company Profile (Free Report)

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

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

See Also Five stocks we like better than Amazon.com SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington

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Posted by Defense World Staff on Aug 11th, 2026

Dai ichi Life Insurance Company Ltd lowered its position in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 3.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 389,988 shares of the software giant’s stock after selling 11,978 shares during the period. Microsoft comprises approximately 4.1% of Dai ichi Life Insurance Company Ltd’s holdings, making the stock its 3rd largest holding. Dai ichi Life Insurance Company Ltd’s holdings in Microsoft were worth $144,362,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Markel Group Inc. grew its holdings in Microsoft by 0.4% in the first quarter. Markel Group Inc. now owns 537,630 shares of the software giant’s stock worth $199,014,000 after purchasing an additional 1,950 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of Microsoft by 8.4% during the 1st quarter. Bessemer Group Inc. now owns 6,921,677 shares of the software giant’s stock valued at $2,562,197,000 after purchasing an additional 537,634 shares during the last quarter. Taylor Securities Services Inc. acquired a new stake in shares of Microsoft in the 4th quarter worth $2,616,000. Werba Rubin Papier Wealth Management boosted its position in shares of Microsoft by 15.7% in the 4th quarter. Werba Rubin Papier Wealth Management now owns 12,492 shares of the software giant’s stock worth $6,041,000 after purchasing an additional 1,698 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in Microsoft by 138.8% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,356,359 shares of the software giant’s stock worth $502,077,000 after buying an additional 788,297 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes A number of equities research analysts have commented on MSFT shares. TD Cowen reiterated a “buy” rating and issued a $540.00 price target on shares of Microsoft in a research note on Thursday, July 30th. Tigress Financial upped their price objective on shares of Microsoft from $680.00 to $690.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Barclays decreased their price objective on shares of Microsoft from $545.00 to $512.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. The Goldman Sachs Group reiterated a “buy” rating and issued a $640.00 target price on shares of Microsoft in a research note on Thursday, July 30th. Finally, Scotiabank reissued an “outperform” rating and set a $510.00 target price on shares of Microsoft in a research report on Thursday, July 30th. Forty-two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus target price of $559.16.

Get Our Latest Stock Analysis on MSFT

Insider Buying and Selling In related news, EVP Takeshi Numoto sold 4,810 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $496.48, for a total transaction of $2,388,068.80. Following the completion of the transaction, the executive vice president owned 42,677 shares of the company’s stock, valued at $21,188,276.96. This trade represents a 10.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Amy Coleman sold 1,262 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $411.34, for a total transaction of $519,111.08. Following the transaction, the executive vice president owned 46,003 shares of the company’s stock, valued at $18,922,874.02. This represents a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,572 shares of company stock valued at $17,775,330 over the last 90 days. Insiders own 0.03% of the company’s stock.

Key Stories Impacting Microsoft Here are the key news stories impacting Microsoft this week:

Positive Sentiment: Maia 300 chip plans support the rally: Reports say Microsoft could unveil its Maia 300 AI accelerator as early as September and secure capacity for more than 300,000 chips by 2027, with longer-term ambitions exceeding one million units. The effort could reduce Microsoft’s dependence on Nvidia, lower AI-computing costs and potentially attract customers such as Anthropic. Microsoft plans to unveil its new Maia 300 AI chip this fall Positive Sentiment: Analysts see measured AI investment and further upside: Bernstein raised its Microsoft price target from $647 to $660, arguing that the company is not building data-center capacity too aggressively. The firm said new infrastructure would remain useful for Azure even if AI demand moderated. Microsoft’s Datacenter Spending Is Disciplined Positive Sentiment: Cloud growth and backlog underpin investor confidence: JPMorgan cited Microsoft’s Azure expansion, substantial backlog and improving AI monetization while supporting higher market-wide earnings forecasts. Other bullish commentary points to strong recent results, including reported Azure growth and broad Copilot adoption. Microsoft Stock Rises as JPMorgan Backs AI Payoff Positive Sentiment: Capital returns add support: Microsoft’s large-scale dividends and share repurchases reinforce its position as a cash-generating technology leader, although investors are also evaluating how much capital is being redirected toward AI infrastructure. Microsoft Stock Runs One of the Market’s Biggest Cash-Return Machines Neutral Sentiment: AI opportunity comes with execution risks: Analysts continue debating whether megacap AI spending will generate adequate cash flow. Separately, reports of AI models reaching real-world systems could increase scrutiny of Microsoft’s autonomous-agent products and enterprise security controls. Negative Sentiment: Legal notices remain an overhang: Investor-rights firms are promoting a securities class action involving purchases made between May 1, 2025, and January 28, 2026, with an August 11 lead-plaintiff deadline. The notices do not establish liability but could add reputational and litigation risk. Microsoft Stock Up 1.2% Shares of MSFT stock opened at $506.06 on Tuesday. Microsoft Corporation has a fifty-two week low of $349.20 and a fifty-two week high of $553.72. The firm has a market capitalization of $3.76 trillion, a PE ratio of 28.18, a P/E/G ratio of 1.61 and a beta of 1.10. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.22 and a current ratio of 1.23. The stock’s 50-day simple moving average is $405.77 and its 200-day simple moving average is $406.95.

Microsoft (NASDAQ:MSFT – Get Free Report) last issued its earnings results on Wednesday, July 29th. The software giant reported $4.74 EPS for the quarter, beating analysts’ consensus estimates of $4.24 by $0.50. Microsoft had a return on equity of 31.98% and a net margin of 40.31%.The firm had revenue of $90.01 billion for the quarter, compared to analyst estimates of $87.62 billion. During the same quarter in the prior year, the firm earned $3.65 earnings per share. Microsoft’s revenue for the quarter was up 17.7% on a year-over-year basis. Equities analysts expect that Microsoft Corporation will post 19.58 earnings per share for the current year.

Microsoft Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.91 dividend. The ex-dividend date is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. Microsoft’s dividend payout ratio is presently 20.27%.

Microsoft Profile (Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

Read More Five stocks we like better than Microsoft SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington

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Posted by Defense World Staff on Aug 11th, 2026

Bridgewater Advisors Inc. trimmed its stake in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 2.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,351 shares of the software giant’s stock after selling 1,512 shares during the quarter. Microsoft comprises 1.7% of Bridgewater Advisors Inc.’s portfolio, making the stock its 15th largest position. Bridgewater Advisors Inc.’s holdings in Microsoft were worth $27,696,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC raised its holdings in shares of Microsoft by 51.3% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock worth $29,000 after purchasing an additional 20 shares during the period. Bernzott Capital Advisors acquired a new position in shares of Microsoft in the 4th quarter valued at about $34,000. Timmons Wealth Management LLC purchased a new stake in shares of Microsoft during the 4th quarter worth about $36,000. Fairway Wealth LLC grew its holdings in shares of Microsoft by 287.0% during the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant’s stock worth $43,000 after purchasing an additional 66 shares during the period. Finally, LSV Asset Management acquired a new stake in Microsoft during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity at Microsoft In other Microsoft news, EVP Amy Coleman sold 1,262 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $411.34, for a total transaction of $519,111.08. Following the completion of the transaction, the executive vice president directly owned 46,003 shares of the company’s stock, valued at $18,922,874.02. The trade was a 2.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Judson Althoff sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $487.89, for a total transaction of $4,878,900.00. Following the completion of the transaction, the chief executive officer owned 100,447 shares of the company’s stock, valued at approximately $49,007,086.83. This trade represents a 9.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,572 shares of company stock worth $17,775,330 in the last ninety days. 0.03% of the stock is owned by insiders.

Microsoft Trading Up 1.2% NASDAQ:MSFT opened at $506.06 on Tuesday. The firm has a market capitalization of $3.76 trillion, a P/E ratio of 28.18, a P/E/G ratio of 1.61 and a beta of 1.10. The business has a 50 day simple moving average of $405.77 and a 200 day simple moving average of $406.95. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.23 and a quick ratio of 1.22. Microsoft Corporation has a 12-month low of $349.20 and a 12-month high of $553.72.

Microsoft (NASDAQ:MSFT – Get Free Report) last issued its earnings results on Wednesday, July 29th. The software giant reported $4.74 earnings per share for the quarter, topping the consensus estimate of $4.24 by $0.50. The firm had revenue of $90.01 billion for the quarter, compared to analyst estimates of $87.62 billion. Microsoft had a return on equity of 31.98% and a net margin of 40.31%.The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period last year, the company earned $3.65 earnings per share. Equities research analysts predict that Microsoft Corporation will post 19.58 EPS for the current year.

Microsoft Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 20th. Microsoft’s dividend payout ratio (DPR) is 20.27%.

Analyst Ratings Changes Several research firms recently commented on MSFT. Scotiabank reaffirmed an “outperform” rating and set a $510.00 price target on shares of Microsoft in a research report on Thursday, July 30th. Morgan Stanley reissued an “overweight” rating on shares of Microsoft in a research report on Thursday, July 30th. Mizuho cut their target price on shares of Microsoft from $515.00 to $490.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 15th. Royal Bank Of Canada restated an “outperform” rating and set a $640.00 target price on shares of Microsoft in a report on Thursday, July 30th. Finally, Truist Financial reaffirmed a “buy” rating and set a $575.00 price target on shares of Microsoft in a research report on Wednesday, July 22nd. Forty-two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $559.16.

Get Our Latest Research Report on Microsoft

Key Microsoft News Here are the key news stories impacting Microsoft this week:

Positive Sentiment: Maia 300 chip plans support the rally: Reports say Microsoft could unveil its Maia 300 AI accelerator as early as September and secure capacity for more than 300,000 chips by 2027, with longer-term ambitions exceeding one million units. The effort could reduce Microsoft’s dependence on Nvidia, lower AI-computing costs and potentially attract customers such as Anthropic. Microsoft plans to unveil its new Maia 300 AI chip this fall Positive Sentiment: Analysts see measured AI investment and further upside: Bernstein raised its Microsoft price target from $647 to $660, arguing that the company is not building data-center capacity too aggressively. The firm said new infrastructure would remain useful for Azure even if AI demand moderated. Microsoft’s Datacenter Spending Is Disciplined Positive Sentiment: Cloud growth and backlog underpin investor confidence: JPMorgan cited Microsoft’s Azure expansion, substantial backlog and improving AI monetization while supporting higher market-wide earnings forecasts. Other bullish commentary points to strong recent results, including reported Azure growth and broad Copilot adoption. Microsoft Stock Rises as JPMorgan Backs AI Payoff Positive Sentiment: Capital returns add support: Microsoft’s large-scale dividends and share repurchases reinforce its position as a cash-generating technology leader, although investors are also evaluating how much capital is being redirected toward AI infrastructure. Microsoft Stock Runs One of the Market’s Biggest Cash-Return Machines Neutral Sentiment: AI opportunity comes with execution risks: Analysts continue debating whether megacap AI spending will generate adequate cash flow. Separately, reports of AI models reaching real-world systems could increase scrutiny of Microsoft’s autonomous-agent products and enterprise security controls. Negative Sentiment: Legal notices remain an overhang: Investor-rights firms are promoting a securities class action involving purchases made between May 1, 2025, and January 28, 2026, with an August 11 lead-plaintiff deadline. The notices do not establish liability but could add reputational and litigation risk. About Microsoft (Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

Read More Five stocks we like better than Microsoft SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT – Free Report).

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During his last few years at the helm of conglomerate Berkshire Hathaway (BRKA +1.76%) (BRKB +1.46%), Warren Buffett took a very conservative view of stocks. While he maintained that equities were still the best way to invest for the long term, he sold a lot more stocks than he bought, significantly cutting stakes in the company's top holdings, including Apple and Bank of America.

Between late 2022 and the end of the first quarter of this year, Berkshire was a net seller of stocks for 14 straight quarters. At the same time, Berkshire also stopped buying back its own stock, doing no share repurchases for more than a year and a half, from June 2024 until March 2026. The combination of net stock sales, solid cash flow generation, and a lack of buybacks led Berkshire to accumulate a huge stockpile of cash near $400 billion at the end of Q1.

Today's Change

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7.62

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529.42

Putting cash to work However, with Buffett officially retiring at the end of 2025, new Chief Executive Officer Greg Abel has begun to deploy the company's cash. He restarted the company's buyback program in early March, repurchasing $235 million worth of shares in Q1. That continued in Q2, with $4.5 billion in share repurchases.

On top of that, for Q2, Berkshire was a net buyer of stocks for the first time in more than three years. The conglomerate made nearly $20 billion in net purchases in the quarter, headlined by a $10 billion private placement investment in Alphabet to help the cloud computing giant build out its artificial intelligence (AI) infrastructure. While big tech investments haven't been typical for Buffett, he has come out and said that Berkshire's initial investment in the search behemoth in Q4 2025 was at his behest and in consultation with Abel. Alphabet is now one of Berkshire's top five equity holdings, along with Apple, American Express, Coca-Cola, and Bank of America.

During the quarter, the company also closed on its acquisition of homebuilder Taylor Morrison. Berkshire has a pretty strong presence in the U.S, housing market, also owning manufactured-home builder Clayton Homes, several building products companies, and residential real estate brokerage franchise network Berkshire Hathaway HomeServices. It was the first deal made under Abel, whom Buffett has praised for his deal-making skills.

Image source: The Motely Fool

All these moves reduced Berkshire's cash hoard from a record $497.4 billion at the end of Q1 to $365.5 billion at the end of June. However, it still gives Abel more than enough dry powder to continue to invest in equities, buy back Berkshire stocks, and make large deals.

Berkshire's Q2 earnings report shows that the company's operating earnings climbed 16%, from $11.2 billion a year ago to almost $13 billion. The growth was led by its manufacturing, service, and retailing segment, which saw growth soar 24% to $4.5 billion, and Berkshire Hathaway Energy, where profit surged 27% to $891 million . Profit at BNSF, its railway segment, meanwhile, rose 6% to $1.6 billion.

The company's insurance segment saw some pressure, with underwriting profits sinking 13% from almost $2 billion a year earlier to $1.73 billion. Insurance investment income, meanwhile, fell by 9% to $3.06 billion. Berkshire's insurance segment can be lumpy quarter to quarter depending on when claims come in, but its enormous float -- money collected from policy holders before claims are paid -- provides the company with a steady, zero-cost pool of capital to help fund its investment portfolio.

It's good to see Berkshire finally using some of its cash instead of sitting on it. The stock dropped to one of its lowest price-to-tangible book value in several years, at 1.85, so the return of buybacks makes sense and isn't just something Abel decided to do arbitrarily. At the same time, while the market has performed well, there are certainly some pockets where value can be found.

Given an improved valuation and Berkshire and Abel having plenty of cash for work with, now looks like a good time to buy the stock for the long haul.

Vancouver, British Columbia--(Newsfile Corp. - August 11, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce the drilling of additional shallow gold mineralization at the Black Dyke prospect located 4 kilometres ("km") west of the Tyro Main Zone at its Gold Chain Project in Arizona (Figure 1). The results are highlighted by GC26-144, which intersected 7.6 metres ("m") of 2.22 grams per tonne ("g/t") gold ("Au"), and GC26-146, which intersected 16.8m of 0.90 g/t Au, both within less than 75m from surface. All holes intersected mineralization. Mineralization in the area suggests the potential to add future resource ounces to the project and warrants additional test work and drilling.

The initial program (PR link) consisted of six RC holes for a total of 626.4 metres, with follow-up drilling consisting of five holes totalling 603.4m. These holes were part of the recently completed 21,079m 2025-2026 drilling campaign at its flagship Gold Chain Project in Arizona. The Company recently acquired a significant amount of historical data for the Black Dyke target, which includes high-grade drill results completed by prior operators. West Point Gold's drilling to date, along with the recently acquired historic data, is expected to improve targeting at the Black Dyke target when drilling resumes.

Highlights:

Hole GC26-144 intersected 7.6m at 2.22 g/t Au from 62.5m, GC26-146 intersected 16.8m of 0.90 g/t Au from 71.6m, and GC26-143 intersected 6.1m at 1.49 g/t Au from 54.9m.All holes intersected anomalous Au mineralizationThe historical drilling data acquired focused on the Black Dyke gold zone with results consistent with those reported by West Point Gold to date. Notable exceptions include two very high-grade intercepts (greater than 30 g/t Au) approximately 200m southwest of where the Company has drilled (Western States, 1988)."Our drill results from 2026, combined with the recently acquired historical drill data, provide West Point Gold with a clearer view of the potential at Black Dyke. Our drilling, along with the recently acquired historical data, suggests that this target warrants further drilling. The Company continues to believe that additional drilling at the target area may result in a satellite resource at the Gold Chain project," stated Derek Macpherson, President and CEO.

Table 1: Drill Results

HolesFrom (m)To (m)Width (m)Grade (g/t Au)GC26-14354.961.06.11.49GC26-144 62.570.17.62.22 GC26-14671.688.416.80.90GC26-149No Significant InterceptsGC26-150No Significant Intercepts Note: All widths shown are downhole; true widths are greater than 80% of downhole widths.

Figure 1. Simplified geologic map of the Gold Chain Project and surrounding area showing the location of the Black Dyke prospect.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/309145_8766761424b22aef_002full.jpg

Figure 2. Geologic map of the Black Dyke prospect showing drill holes and surface samples. The holes reported within are highlighted along with historical holes exceeding 2 g/t Au.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/309145_8766761424b22aef_003full.jpg

Black Dyke Exploration Update
The Black Dyke Mine is located 4.8km east of the Katherine Mine and 4.0km west of the Tyro Mine (Figure 1). The mine's history and geologic setting were previously summarized (PR link). Recent drilling, shown in Figure 2 and Table 1, reflects a shallow, southwest-dipping structure referred to as the Black Dyke, which is hosted by the Precambrian granite. The mineralized zone has been described as a "vein breccia, up to 30 metres wide, composed of broken chalcedony vein and breccia cemented by a massive to banded, coarsely crystalline gray calcite with elevated manganese". It is noteworthy that the Katherine Mine was productive in similar quartz-calcite-adularia veins, veinlets and breccia to a depth up to 300m below the current surface. This depth, along with the steam-generated alteration in the volcanic rocks above the Black Dyke zone, supports West Point Gold's belief that current exploration at Black Dyke is within the uppermost levels of a deeper gold system.

West Point Gold has recently purchased a data package including results from several historical drilling campaigns across the Black Dyke prospect (Figure 3). The data contains 74 holes drilled by Western States Mining Company ("Western States") from 1986 to 1992, including geochemical data, collar locations and geological cross-sections. The data also includes reference to 57 holes drilled by American Copper and Nickel Company ("ACNC") but only includes collar locations. All holes drilled by Western States and ACNC were reverse-circulation holes. A total of 32 of the ACNC holes were drilled to aid geologic mapping by measuring alluvial cover and noting bedrock geology; the holes did not exceed 30.5m in depth. The purchased data is proving useful to West Point Gold for targeting purposes but is considered NI43-101 non-compliant.

Figure 3 provides a view of the recently acquired data in and around the Black Dyke prospect. A few observations emerge from this data:

Gold values in this data are variable but consistent in value and structural position with the West Point Gold data. High-grade intercepts (> 30 g/t Au) in the historical data require confirmation and will anchor the design of the next drilling campaign (see Figures 2 and 3). All the data, new and historical, collectively support a deeper and potentially higher-grade target.

Figure 3. Geologic map of the Black Dyke prospect and surrounding area showing West Point Gold's 2026 drill holes along with non-compliant historical holes drilled in 1986 – 1992 and 2009. Hole number and reported gold grades are shown.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/309145_8766761424b22aef_004full.jpg

Current exploration at the Northeast Tyro zone is revealing that a strong vein and breccia body can grade into weakly mineralized and altered Precambrian granite over a short distance (i.e. <10m) and be essentially 'blind' to surface exploration. Upper levels at Tyro Northeast reveal weak argillic (illite) and moderate to strong propylitic alteration. In surface exposures, iron oxide replacement of the chlorite may be the only visual guide to mineralization.

The Black Dyke prospect sits along the western flank of the Katherine Horst, and structures here are likely part of the Roadside Mine fault zone, along the Banner-Sheep Trail trend. The surface expression may be subtle, hosting only tectonized Precambrian granite and propylitic alteration (iron oxides at surface). The widespread distribution of thick alluvium accumulations with local hills composed on altered volcanic rocks (inselbergs) makes definition of the Roadside Mine fault difficult.

Geophysical studies (Figures 4 and 5) conducted by West Point Gold are employed to potentially identify controlling structures such as the Roadside Mine fault. As noted above, exploration results at Black Dyke suggest a distal position in the epithermal system. This observation, along with two historical drill intercepts (> 30 g/t Au) beneath strongly altered volcanic rocks, supports a potential concealed 'feeder' structure as part of the Roadside Mine fault system. Inspection of both the gravity (Figure 4) and magnetic (Figure 5) data suggests a northwest-trending structure, perhaps a splay of the Roadside Mine fault (normal), to be connected to the Black Dyke gold mineralization.

Figure 4. Residual gravity map over the Black Dyke prospect and surrounding area. Gravity lows (blue) are believed to reflect a structural break along the Roadside Mine fault, and the southwest margin of the Katherine Horst) and spatially coincide with altered volcanic rocks in the hanging wall of the fault.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/309145_8766761424b22aef_005full.jpg

Figure 5. Residual magnetic intensity (RMI) map over the Black Dyke prospect and surrounding area. The magnetic lows (cooler colours) are believed to reflect felsic volcanic and/or intrusive rocks or hydrothermally altered rocks along the margin of the Katherine Horst. A probable splay of the Roadside Mine fault is shown as a blue line.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/309145_8766761424b22aef_006full.jpg

Table 2: Drill hole locations and descriptions

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/309145_wpg-table2.jpg

Qualified Person
Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company's Vice President, Exploration, is a qualified person ("QP") as defined by NI 43-101 and has reviewed and approved the technical content of this press release. Mr. Johansing has also been responsible for overseeing all phases of the drilling program, including logging, labelling, bagging and transport from the project to American Assay Laboratories of Sparks, Nevada. Drillholes have a diameter of about 10cm, and samples have an approximate weight of 5 to 10kg. Samples were then dried, crushed and split, and pulp samples were prepared for analysis. Gold was determined by fire assay with an ICP finish, and over-limit samples were determined by fire assay and gravimetric finish. Silver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16), and over-limit samples were determined by fire assay and gravimetric finish. Both certified standards and blanks were inserted on site along with duplicates, standards and blanks inserted by American Assay. The results summarized above have been carefully reviewed with reference to the QA/QC results. Standard sample chain of custody procedures were employed during drilling and sampling campaigns until delivery to the analytical facility.

The QP has not completed sufficient work to verify the historical information received on the Black Dyke target, particularly with regard to historical drill results. However, the QP believes that prior drilling and analytical results were completed to industry standard practices at the time they were drilled.

About West Point Gold Corp.
West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America's most productive gold regions. The Company's near-term priority is advancing its flagship Gold Chain Project in Arizona.

FORWARD-LOOKING STATEMENTS:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates, timing of the Company's maiden resource estimate, favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to West Point Gold's ability to complete any payments or expenditures required under the Company's various option agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial position may not be consistent with the Company's expectations due to accidents, equipment breakdowns, title and permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company's expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral exploration and development industry, and those risks set out in the filings on SEDAR+ made by the Company with securities regulators. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309145

Source: West Point Gold Corp.

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, /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Eli Lilly and Company (Lilly) has committed to Veeva Vault CRM globally.

Vault CRM is part of the Vault CRM Suite of applications that provides the technology foundation for agentic commercial, the new commercial model that leverages AI to get the right medicines to more patients.

Veeva Vault CRM Selected by Eli Lilly and Company "We are excited to expand our strategic work with Veeva by moving to Vault CRM," said Giuseppe Firenze, senior vice president, U.S. HCP and field engagement hub at Lilly. "Vault CRM will help Lilly bring our breakthrough medicines to more patients."

"Lilly creates medicines that make life better for people around the world," said Veeva CEO Peter Gassner. "We are proud to expand our strategic work with Lilly as they roll out Vault CRM globally."

Learn more about Veeva Vault CRM Suite, including the Agentic Call Report to generate Commercial Evidence, at veeva.com/crm.

About Veeva Systems
Veeva delivers the industry cloud for life sciences with applications, agents, data, and consulting. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,500 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.

Veeva Forward-Looking Statements
This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the fiscal year ended April 30, 2026, which you can find here (a summary of risks which may impact our business can be found on pages 33 and 34), and in our subsequent SEC filings, which you can access at sec.gov.

SOURCE Veeva Systems

Posted by Defense World Staff on Aug 11th, 2026

First Bank & Trust purchased a new stake in Medtronic PLC (NYSE:MDT – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 24,967 shares of the medical technology company’s stock, valued at approximately $1,953,000.

Several other institutional investors also recently made changes to their positions in the stock. Curbstone Financial Management Corp raised its position in shares of Medtronic by 1.8% in the 4th quarter. Curbstone Financial Management Corp now owns 5,594 shares of the medical technology company’s stock worth $537,000 after buying an additional 100 shares during the period. New England Capital Financial Advisors LLC boosted its holdings in Medtronic by 7.8% in the fourth quarter. New England Capital Financial Advisors LLC now owns 1,403 shares of the medical technology company’s stock valued at $135,000 after acquiring an additional 101 shares during the last quarter. Ipsen Advisor Group LLC grew its position in Medtronic by 1.7% during the fourth quarter. Ipsen Advisor Group LLC now owns 5,952 shares of the medical technology company’s stock valued at $572,000 after acquiring an additional 101 shares during the period. Quadrant Capital Group LLC grew its position in Medtronic by 0.3% during the fourth quarter. Quadrant Capital Group LLC now owns 32,477 shares of the medical technology company’s stock valued at $3,120,000 after acquiring an additional 101 shares during the period. Finally, Rossby Financial LCC increased its stake in Medtronic by 5.1% during the fourth quarter. Rossby Financial LCC now owns 2,193 shares of the medical technology company’s stock worth $211,000 after acquiring an additional 107 shares during the last quarter. 82.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades A number of equities analysts have recently commented on the company. Piper Sandler restated a “neutral” rating on shares of Medtronic in a report on Monday. BTIG Research reiterated a “buy” rating and set a $91.00 target price on shares of Medtronic in a report on Monday, July 13th. Royal Bank Of Canada reissued an “outperform” rating and set a $118.00 target price on shares of Medtronic in a research report on Thursday, June 4th. Sanford C. Bernstein cut their price target on shares of Medtronic from $112.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday, June 4th. Finally, Mizuho cut their price target on shares of Medtronic from $120.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, June 3rd. Eighteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Medtronic has an average rating of “Moderate Buy” and an average target price of $98.83.

Read Our Latest Analysis on Medtronic

Key Stories Impacting Medtronic Here are the key news stories impacting Medtronic this week:

Positive Sentiment: UBS upgraded Medtronic to Buy from Neutral, describing a “turnaround” underway at the company. The upgrade suggests improving execution and renewed confidence in Medtronic’s ability to return to sustainable growth. Is Medtronic Becoming a Turnaround Story? Positive Sentiment: Medtronic is being promoted as an undervalued dividend-growth company, which may attract income-focused investors if the market begins to recognize potential for operational improvement and valuation expansion. Medtronic: Buy This Undervalued Dividend Aristocrat Positive Sentiment: Medtronic’s collaboration with Orchestra BioMed is progressing: the BACKBEAT pivotal trial remains on track to reach its enrollment target by the end of the third quarter of 2026, with primary data expected in the second quarter of 2027. Successful results could support future device-related growth. Orchestra BioMed Reports Second Quarter 2026 Results Neutral Sentiment: Recent coverage highlights Medtronic’s appeal relative to Johnson & Johnson and Abbott, but portrays the company more as a turnaround and valuation opportunity than a consistent high-growth story. Investors may continue to favor peers with stronger near-term organic growth. Johnson & Johnson vs. Medtronic Abbott vs. Medtronic Insider Buying and Selling In related news, EVP Harry Skip Kiil sold 4,189 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $80.44, for a total transaction of $336,963.16. Following the transaction, the executive vice president directly owned 37,227 shares of the company’s stock, valued at approximately $2,994,539.88. The trade was a 10.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.26% of the company’s stock.

Medtronic Stock Up 2.5% Shares of NYSE MDT opened at $89.31 on Tuesday. The stock has a fifty day moving average price of $82.25 and a 200 day moving average price of $86.55. The company has a current ratio of 2.13, a quick ratio of 1.62 and a debt-to-equity ratio of 0.52. Medtronic PLC has a 12-month low of $73.31 and a 12-month high of $106.33. The company has a market cap of $114.32 billion, a P/E ratio of 23.94, a P/E/G ratio of 2.34 and a beta of 0.55.

Medtronic (NYSE:MDT – Get Free Report) last issued its quarterly earnings data on Wednesday, June 3rd. The medical technology company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.01. Medtronic had a return on equity of 14.51% and a net margin of 13.20%.The company had revenue of $9.81 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the previous year, the firm posted $1.62 earnings per share. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. Medtronic has set its FY 2027 guidance at 5.900-6.000 EPS. Research analysts anticipate that Medtronic PLC will post 5.94 EPS for the current fiscal year.

Medtronic Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Friday, June 26th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, June 26th. This is an increase from Medtronic’s previous quarterly dividend of $0.71. Medtronic’s dividend payout ratio (DPR) is 77.21%.

Medtronic Profile (Free Report)

Medtronic plc is a global medical technology company that develops and manufactures a broad range of therapeutic devices and health care solutions. Headquartered legally in Ireland with principal operational offices in the United States, the company markets products to hospitals, physicians and health systems worldwide and has grown from its founding in 1949 into one of the largest medical-device manufacturers serving global health-care markets.

Medtronic’s offerings span several clinical areas, including cardiac rhythm and heart failure (pacemakers, implantable cardioverter‑defibrillators and related cardiac therapies), minimally invasive and surgical technologies (laparoscopic and advanced energy devices, visualization systems and surgical innovations), restorative therapies (spine and orthopedics, neuromodulation and neurovascular treatments) and diabetes management (insulin-delivery systems and glucose monitoring solutions).

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TLDR Pump.fun earned $10.03 million in fees during the week of Aug. 3 to 9, up 12% from the prior week. Pump.fun’s revenue over the last 30 days reached $35.67 million, passing Hyperliquid’s $32.46 million. The platform used $5.02 million to buy back and burn 2.15 billion PUMP tokens. Weekly trading volume hit $2.97 billion, the strongest total since late January. PUMP rose 33.8% over the week, but a new token unlock is set for Wednesday. Pump.fun brought in $10.03 million in protocol fees during the week of Aug. 3 to 9. This is the first time the platform’s weekly total has crossed $10 million under its current reporting method.

The figure marks a 12% increase from the previous week. Pump.fun called it the platform’s “first week above $10M” in its latest newsletter.

Independent data from DefiLlama backs up the trend, though its measurement window is not exactly the same. DefiLlama recorded $10.49 million in Pump protocol revenue over its own seven day period.

Revenue Passes Hyperliquid Pump.fun also said it had overtaken Hyperliquid in revenue over a 30 day period. DefiLlama’s numbers support this claim.

Pump.fun generated $35.67 million in revenue over the last 30 days. Hyperliquid generated $32.46 million in the same stretch.

The comparison is not exact, since the two platforms are measured differently. Pump.fun’s number includes bonding curve fees, PumpSwap fees and Terminal fees. Hyperliquid’s revenue mostly reflects fees sent to its Assistance Fund for HYPE purchases.

Pump.fun’s total gross fees were much higher, at $88.87 million over 30 days. That larger figure includes fees spread across the wider ecosystem, not just the platform’s own revenue.

Trading activity also picked up. Pump.fun reported $2.97 billion in ecosystem volume for the week, its highest since late January. Bonding curve trading made up $751.6 million of that, while PumpSwap handled $2.22 billion.

Buybacks Continue To Reduce Supply Pump.fun spent $5.02 million buying back and burning about 2.15 billion PUMP tokens during the week. This is part of a policy that sends half of platform revenue toward token buybacks through a locked smart contract.

Social trading just leveled up on the Pumpfun app!

– Callout tokens, alert EVERY single follower
– Trade with ZERO fees
– Trade crosschain seamlessly with USDC

Grow your following now 👇 pic.twitter.com/lZGWozPCEY

— Pump.fun (@Pumpfun) August 7, 2026

The platform says its total buybacks and burns have now removed 15.7% of PUMP’s original supply.

DefiLlama’s own tracking shows a close but not identical number. It recorded $5.16 million flowing to PUMP holders through burns over its seven day window.

PUMP was trading near $0.0028 on Aug. 11. The token gained 33.8% over the past week and 104.1% over the past month, putting its market cap around $1.1 billion.

Despite the gains, PUMP remains about 68% below the record high it set in September 2025. The rally happened alongside the fee increase, but the report does not show one causing the other.

A new token unlock is scheduled for Aug. 12. DefiLlama’s data shows 4.167 billion PUMP for the team and 2.708 billion for investors becoming unlocked that day.

The combined 6.875 billion tokens were worth about $19.2 million at recent prices. That represents about 1.75% of the token’s circulating supply.

Pump.fun has also been expanding its social trading features. It launched token callouts, zero fee trading and cross chain trades funded with USDC on Aug. 7.

The newsletter said callouts rose 44% during the week, while replies increased 87%.

The platform still faces a separate legal matter in the U.S. The case, Aguilar v. Baton Corporation Ltd., is filed in the Southern District of New York, with its last known filing dated April 13, 2026.

Plaintiffs allege securities violations tied to tokens sold on the platform. These remain allegations and have not been proven in court.

The next test for Pump.fun’s revenue streak arrives with Wednesday’s token unlock, which will show whether trading activity holds up under new supply pressure.

The Coldcard hack is testing crypto investigators’ ability to measure losses from self-custody wallets, where victim reports are critical to establishing the scale of the theft.

Blockchain analytics platform CryptoQuant currently puts confirmed losses at 1,432 Bitcoin, while other analysts have traced substantially more funds to the attack.

Galaxy Research and blockchain intelligence company TRM Labs both say their analysis points to a higher toll, while distinguishing between losses directly confirmed by victims and funds attributed to the attack through on-chain patterns.

That makes self-custody attacks difficult to quantify: Unlike an exchange hack, there is no complete list of affected accounts, leaving investigators to build estimates rather than pin down a definitive toll.

Galaxy traces losses beyond victim reportsGalaxy’s Alex Thorn told Cointelegraph the platform’s earlier estimate of as much as 1,816 BTC was a potential figure rather than a confirmed loss total.

As of Tuesday, Galaxy put its high-confidence minimum at 1,730 Bitcoin, with Thorn saying the figure could still increase as more victim reports corroborate attack patterns.

Source: Galaxy Research

“We have directly confirmed 450+ BTC directly from victim reports, but their reports have helped identify other, as-yet-unknown victims in more than 730 total BTC,” Thorn said. Galaxy uses those reports to corroborate broader attack patterns, while withholding funds it suspects but cannot yet sufficiently verify. “We are still withholding many more BTC we suspect but for which we lack sufficient corroboration,” Thorn said.

TRM Labs said its independent tracing lands in the same range as Galaxy, while its recent analysis estimated that attackers drained about 1,816 BTC from more than 5,200 addresses across four waves. “Investigators should expect the estimate to keep moving upward before it stabilizes,” TRM’s global head of policy Ari Redbord told Cointelegraph.

CryptoQuant takes a stricter approachCryptoQuant’s head of research, Julio Moreno, told Cointelegraph that the company starts with public reports from victims, including wallet addresses or transaction IDs, and then checks those reports against known on-chain patterns from the attack.

That approach puts CryptoQuant’s confirmed tally at 1,432 BTC, which Moreno described as a floor that could rise if more victims publicly disclose their hacked addresses.

Source: CryptoQuant

Moreno said CryptoQuant is cautious about identifying victims solely from on-chain patterns because doing so could produce false positives and inflate the estimate.

“Because the stolen Bitcoin belonged to individuals and not to a centralized entity, like an exchange, we can only confirm what each victim publicly discloses,” he said.

Hard number to pin downMoreno emphasized the total will remain an estimate because investigators can only confirm what victims disclose. He said:

“Knowing the total BTC stolen is difficult, and it will always be an estimation.”Chainalysis told Cointelegraph it has not conducted an independent tally of the losses, while blockchain investigator ZachXBT publicly said he has no plans to monitor or trace the incident.

Magazine: Do the Coldcard attacks mean all hardware wallets are now insecure?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

National Bank of Canada just revealed that it holds millions of dollars in crypto ETFs, such as an XRP ETF, and several Bitcoin ETFs, in its latest SEC Form 13F filing. The disclosure follows the Grayscale’s XRP Trust ETF reports considerable XRP sales in the initial half of 2026.

National Bank of Canada Reports XRP ETF, Bitcoin ETF Holdings The filing reveals that National Bank had 3,848 shares in the Bitwise XRP ETF, worth about $330,000 at the date of the filing. It was announced in conjunction with the bank’s investments in several Bitcoin exchange-traded products.

The largest exposure to cryptocurrencies that National Bank reported was in the ProShares Bitcoin ETF, which consisted of 42,321 shares valued at about $5.31 million.

The bank also owned 55,644 shares of the Fidelity Wise Origin Bitcoin Fund worth approximately $1.09 million. It had 6,831 shares of the Grayscale Bitcoin Trust ETF, representing around $150,000 in Grayscale Bitcoin exposure.

The submission also revealed 2,596 shares of the Grayscale Bitcoin Mini Trust ETF with a reported value of approximately $100,000.

The combined value of the disclosed holdings in both XRP and Bitcoin is approximately $6.98 million, as per the filing’s values.

Grayscale XRP ETF Sells $180M In XRP The institutional disclosure follows Grayscale’s XRP Trust ETF disclosure of massive XRP sales.

According to recent filings, Grayscale has sold $180.78 million worth of XRP in the first half of 2026. These transactions were comprised of approximately 103.41 million XRP to satisfy investor redemptions.

The sales also impacted the trust’s NAV since the price of XRP has been falling during the same time. Grayscale reported over $34 million of realized losses on the sale of XRP.

TLDR XRP traded near $1.03 to $1.04 on August 10, 2026, staying above its $1.00 support level. The CLARITY Act vote has been pushed to mid-September, removing a near-term catalyst. Whales added more than 380 million XRP in the past seven days, bringing total holdings to about 8.1 billion tokens. US-listed XRP spot ETFs hold close to $1 billion in assets, with $1.51 billion in cumulative inflows. Aviva Investors tokenized its USD Liquidity Fund on the XRP Ledger, adding to rising institutional activity. XRP traded between $1.03 and $1.04 on August 10, 2026. The token has held above its $1.00 support level for 632 straight days.

That streak started in November 2024, after the SEC dismissed its case against Ripple Labs. Since then, $1.00 has acted as a floor during both rallies and pullbacks.

The main event traders were watching, the CLARITY Act vote, has now moved to around September 15. The bill needs 60 votes to advance, and Senate Majority Leader John Thune scheduled it after the August recess.

Grayscale research chief Zach Pandl said the odds of the bill passing in 2026 look thin given election-year politics. That leaves XRP without a clear regulatory catalyst for now.

Whale Buying and ETF Flows Large XRP holders bought more than 380 million tokens over the past week. Total whale holdings now sit near 8.1 billion XRP, about 13% of the circulating supply.

XRP Price on CoinGecko On-chain tracker RippleXity said this buying has concentrated around the $1.00 level. US spot XRP ETFs now hold close to $1 billion in assets, with $1.51 billion in inflows since launch.

Momentum readings differ depending on the source. One daily RSI reading sits in the high 30s to 40, while a separate Coinglass-based reading puts XRP’s RSI near a neutral 50, lower than Bitcoin, Ethereum, Solana, and BNB, which all look overbought.

A liquidation heatmap from Coinglass shows a cluster of orders built up between $1.06 and $1.07 this week. That cluster formed even as price dipped toward $1.00.

Institutional Activity on XRPL Aviva Investors posted on X, through the account BankXRP, that it tokenized its USD Liquidity Fund on the XRP Ledger. The post said the fund now offers a tokenized share class aimed at institutional investors.

Real-world asset value on XRPL has grown more than 28% over the past 30 days. Stablecoin market cap on the network rose over 12% in 24 hours, pushing total stablecoin value close to $1 billion.

Analyst Ali Martinez pointed to a Tom DeMark Sequential buy signal on XRP’s monthly chart. He said a monthly close above $1.06 could open a path toward $1.35 and then $1.64.

2/5 The Tom DeMark Sequential has flashed a buy signal on XRP’s monthly chart, hinting at a possible macro shift from bearish to bullish momentum.

Over the past six years, this indicator has marked several major XRP reversals:

• April 2020 buy signal: 1,074% rally
• August… pic.twitter.com/XKhGapPolP

— Ali Charts (@alicharts) August 9, 2026

Analyst Dark Defender flagged an oversold RSI reading after last week’s dip, calling it a possible setup for a sharp bounce once price clears $1.05. Crypto commentator Gerla said a reclaim of $1.08 could trigger a fast reversal higher.

XRP still trades below its 50-day EMA near $1.10, its 100-day EMA near $1.18, and its 200-day EMA near $1.37. All three sit above current price.

Traders are also watching two macro events this week. US inflation data for July lands August 12, followed by remarks from Cleveland Fed President Beth Hammack and Richmond Fed President Thomas Barkin on August 13.