Investment ThesisThis recent pullback in Celestica Inc. (NYSE:CLS) stock, caused by a massive $3B Secondary Public Offering (SPO) — which involved a significant discount on the shares offered –, gave investors an attractive entry point to buy this promising asset. Market focus on the dilution of shareholders’ equity is a short-term issue, but in the long term, it remains relevant to continue strengthening the company’s moat.
Now, looking at the rapid expansion of the CCS segment, with record revenue and an operating margin of 8.7%, it’s clear that Celestica’s leadership continues to strengthen. And that allows the company to continue its transition to becoming an AI infrastructure systems integrator. Moreover, significant PEG discount and revenue growth while maintaining the EV/Sales multiple suggest a potential 65% increase in the company’s value over the next 12–18 months.
Growth in the CCS Segment Strengthens Celestica’s MoatCelestica’s strategy is centered on transforming its previous business model, which saw the Connectivity & Cloud Solutions (CCS) and Advanced Technology Solutions (ATS) segments account for approximately 60% and 40% of revenue, respectively. Starting in 2023, with the onset of the AI supercycle, that ratio began to shift in favor of the CCS segment, which is a sign of the parabolic growth in demand for server equipment.
In Q1 2023, according to the data, revenue in the ATS segment totaled $792M, compared to $1.045B in the CCS segment. Still, over time, the electronics segment is becoming less significant relative to networking equipment, necessary for data center operators, cloud providers, and hyperscalers. According to data for Q2 2026, revenues from the ATS segment increased only to $888M, whereas the CCS segment reached a record $3.81B. Moreover, compared to the operating margin figures by segment, we should note the clear advantage of CCS over ATS (8.7% vs. 6.3%, as of Q2 2026).
I believe that the focus on the CCS segment will continue to grow, since network equipment manufacturing supports the operation of cloud applications and AI models. Within its product portfolio, Celestica is also expanding its offerings in the high-speed network switches and data storage systems subsegments. These moves help strengthen Celestica’s competitive moat, because they enable the company to offer increasingly comprehensive services to customers, which are tailored to their individual needs.
However, there is a fly in the ointment: Celestica is facing increasing competition from diversified Asian players that offer similar service portfolios. They include Foxconn, the leader in the AI server segment (working closely with Nvidia), along with the Taiwanese giant Quanta Computer, working with hyperscalers such as Microsoft, Alphabet, and Meta Platforms. Therefore, one of Celestica’s strategic moves is to seek new partners among these giants, enabling it to bring new, meaningful products to market.
The most significant example is the new partnership with AMD (announced on March 16, 2026), enabling the launch of the Helios AI platform, a computing solution that uses the entire rack as its basic unit (volume production is expected in early 2027). Further implementation of the plans listed above should help Celestica strengthen its role as a provider of full-rack solutions. Apart from AMD, the management announced during the most recent conference call a partnership with OpenAI (OPENAI), which the company plans to begin supplying with specialized racks.
The Phenomenon of Repeated Forecast Upward Revisions for 2026–2027Celestica recorded another increase in revenue in Q2 2026 (+62% YoY), achieving $4.7B. The adjusted operating margin for the year rose from 7.4% to 8.2%. In light of strengthening customer demand and the partial resolution of previous component supply issues, management increased its previous full-year revenue forecast for 2026 from $19.0B to $20.5B, along with an adjusted operating margin forecast from 8.1% to 8.4%. In addition, ongoing implementation of new projects (most notably in collaboration with AMD and OpenAI) will drive revenue growth in 2027 as well.
Consensus forecasts from analysts predict that annual revenue growth in 2027 will be 72.4% (revenue growth of 65.94% is expected in 2026), increasing the figure to $35.45B. Even though this growth will slow down starting in 2028, revenue is projected to reach $70.55B by 2030.
A Large-Scale SPO Worth $3B: Necessity or Mistake?Looking at the reasons behind CLS’s decline in value over the past quarter, one thing worth mentioning right away is the large-scale SPO announced on August 5, 2026. The quarterly report indicates that the number of shares outstanding at the end of Q2 2026 was 115.0M. Within the framework of the $3B SPO, a further 9.677M common shares were issued at a price of $310. One day before the offering, at the market close, share price stood at $362.76, then dropped to $314.53 the following day. The significant decline in market capitalization was due to a discount of more than 14% in the pricing of the recently issued shares relative to the market value at the time of the SPO.
Considering that the number of shares outstanding automatically increased from 115.0M to 124.677M, share dilution amounted to 8.41%. Moreover, in the context of this SPO, Celestica additionally granted the underwriters an option to purchase 1.451M common shares. Thus, share dilution could potentially increase to 9.68%.
Certainly, the terms of the SPO represented a steep discount to the current value of CLS shares, resulting in bearish pressure. This significant dilution of shareholders’ equity in a single transaction caused a wave of profit-taking among institutional investors, which led to a sharp price correction. But the negative impact of this news ends there, plus it’s already old news that won’t increase selling pressure, neither in the short term nor in the long term.
However, analyzing the reasons behind this transaction, its great importance for maintaining the business’ previous growth rate should be highlighted. The management of Celestica has confirmed the need to raise additional funds ($536M as of Q2 2026), the proceeds of which will be used to finance CapEx (spending is projected to rise to $1B in 2026) and replenish working capital. Given that customer demand is showing parabolic growth, the company’s operational capabilities must be scaled up through investments in fixed assets. Doing so will enable Celestica to realize its corporate goals of consolidating its leadership in the server equipment market. The reasons for raising these funds also include the realization of new projects with AMD and OpenAI.
CLS ValuationTo analyze the attractiveness of CLS stock, let’s take a look at the forward PEG, EV/Sales, and EV/EBITDA ratios relative to other competitors: Jabil Inc. (JBL), Flex Ltd. (FLEX), Sanmina Corporation (SANM), and Plexus Corp. (PLXS).
These are the average multiples: 0.78x, 1.26x, and 15.00x. As a result, CLS is trading at a 21.8% discount based on Non-GAAP PEG (FWD), whereas based on EV/Sales (FWD) and EV/EBITDA (FWD), their shares are trading at premiums of 62.7% and 47.3%, respectively.
But when lumping CLS together with its competitors listed above, we should keep in mind the fundamental difference between the companies themselves. This is because virtually all of its competitors trade at lower multiples but lack the competitive moat that CLS possesses. With regard to Celestica, the company is a market leader and is expanding its roster of strategic partners. In addition, its comprehensive suite of services for organizing AI clusters in the CCS segment is also expanding.
Based on the results for 2027, revenue is expected to grow to $35.45B, which I believe will keep the EV/Sales multiple around 2.00x as operating margins continue to rise. Thus, using this multiple on the projected revenue, the projected valuation of the business is estimated to grow from the current $43B to $71B. Based on current stock prices, that implies a 65.1% upside potential over the next 12–18 months.
According to Wall Street estimates, analyst consensus forecasts indicate an average price target of $473.91, suggesting a 27.02% increase. Out of 22 Wall Street analysts, everyone has a positive rating on the stock (17 at “Strong Buy” and 5 at “Buy”). Recently, for example, the analysts at UBS revised their neutral rating, increasing it from “Hold” to “Buy” with a target price of $430. Their main reason for the revision is an upward revision of forecasts for the CCS segment, showing that Celestica’s management strategy to increase the share of full-rack solutions is on the right track.
Supply Chain Disruption RisksLike before, I think that potential supply chain disruptions remain the main risk for Celestica. Company management also mentioned this during their latest conference call. These disruptions could lead to delays in the delivery of certain components needed to build complete solutions. One negative consequence of this could be the deferral of revenue to subsequent quarters, resulting in volatility in financial metrics in future quarterly reports.
But this risk was already known based on the results of Q1 2026. The result was that revenue exceeded forecasts, but operating margins, actually, improved. The main reason for this is Celestica’s partnership model with its customers, which shifts most of the costs onto the customers themselves. These factors reduce pricing risks and help maintain the positive trend of growing operating margins. As a result, whereas last time I would have rated this risk at 6 out of 10, now I am lowering its significance to 4.
ConclusionThus, CLS’s recent correction is temporary, because the company maintains strong fundamental momentum, which allows us to reaffirm its “Buy” rating. The $3B raised will be used to scale Celestica’s operational capabilities, helping it solidify its position as a market leader. Its plans with AMD and the new partnership with OpenAI provide an opportunity to increase sales in the CCS segment, with a record operating margin of 8.7%. Based on my valuation of CLS shares, I forecast a 65% upside potential for the company’s value, in line with the high valuations from Wall Street.
Analyst’s Disclosure: I have a beneficial long position in the shares of CLS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.
SpaceX kupuje celostátní portfolio nízkopásmového spektra v pásmu 800 MHz, které má Starlink Mobile umožnit lepší pokrytí a prostupnost signálu v budovách. Transakce ještě podléhá schválení Federální komise pro komunikace (FCC).
The SpaceX logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesFCC approves Starlink Mobile Gen2 application for 15,000 satellitesLow-band airwaves improve range and indoor penetration through walls and tree coverT-Mobile, Verizon and AT&T shares each down nearly 7% after hoursOct 8 (Reuters) - SpaceX (SPCX.O), opens new tab struck a deal on Thursday to acquire a nationwide low-band spectrum portfolio, positioning Elon Musk's satellite venture to mount a direct, orbital challenge to legacy wireless giants across the United States.
While Starlink Mobile's existing global 2 GHz mid-band spectrum will provide high-bandwidth capacity, the new spectrum will enable its signal to pass through obstacles. Financial terms of the agreement were not disclosed.
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Low-band frequencies are prized for their ability to travel longer distances and penetrate dense structures such as walls and tree cover, addressing a major technical hurdle previously faced by satellite-based mobile networks.
By pairing nationwide low-band airwaves with high-frequency space capacity, SpaceX is positioning Starlink Mobile to bypass conventional cell towers entirely and challenge the wireless oligopoly on both broad coverage and in-building reliability.
The deal also raises the stakes for legacy carriers, transforming satellite direct-to-device connectivity from a supplementary safety feature for remote dead zones into a full-scale commercial rival capable of unseating terrestrial cellular networks.
Shares of T-Mobile US (TMUS.O), opens new tab, Verizon (VZ.N), opens new tab and AT&T (T.N), opens new tab fell nearly 7% in extended trading.
"The incumbent wireless carriers have been vocal in expressing skepticism that SpaceX's network will be able to match the quality of their networks," William Blair analysts said.
"We expect SpaceX to offer a very compelling Starlink broadband and Starlink Mobile bundle. The company may also include Grok in the package."
The transaction, which involves acquiring 100% of private-equity firm Grain Management's nationwide 800 MHz spectrum portfolio, remains subject to regulatory approval by the Federal Communications Commission. Grain had acquired the airwaves from T-Mobile earlier this year.
Crucially, most existing, unmodified mobile handsets already support the 800 MHz frequency band, eliminating the need for consumers to purchase proprietary satellite phones.
The Federal Communications Commission also approved Starlink Mobile's Gen2 constellation application this week, authorizing SpaceX to launch 15,000 satellites that are optimized for 2 GHz spectrum globally.
The new orbital fleet will operate in very low Earth orbit, delivering expanded bandwidth and low-latency connections to standard handsets.
Updates shares, adds analyst comments in paragraphs 6-8
Reporting by Akash Sriram in Bengaluru; Editing by Shilpi Majumdar
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AI divize SpaceX ve 2. čtvrtletí dosáhla tržeb 2,56 miliardy USD, což představuje meziroční nárůst o 247 %, díky pronájmu výpočetní kapacity společnostem včetně Google a Anthropic.
SpaceX is quietly renting computing power to the very companies trying to outcompete its own AI chatbot, and the landlord strategy is pulling in billions. The question is whether Google and Anthropic will keep paying rent or build their own…
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SpaceX (NASDAQ:SPCX | SPCX Price Prediction) runs two AI stories in opposite directions. Its Grok chatbot trails the leaders. A Momentic Marketing report published August 18, 2026, built on May 2026 Similarweb data, ranked Grok fifth of seven major assistants by worldwide web visits, behind ChatGPT, Gemini, Claude and DeepSeek, and found it lost worldwide share over the past quarter. SpaceX rents computing power to Grok’s rivals. Gwynne Shotwell said on the August 4 earnings call:
“We’re rapidly expanding our compute capacity to meet our own needs as Grok expands, as well as those for other leading companies such as Google and Anthropic.”
Shares traded at $164.47 this morning, down 1.87% on the day and up 11.17% over the past month.
What SpaceX Actually Sells in AI The AI unit bundles cloud compute, Grok development and the X platform. It brought in $2.56 billion in Q2, up 247% from a year earlier. AI Solutions & Infrastructure generated $2.194 billion, while advertising declined to $367 million. Starlink’s Connectivity unit led at $4.29 billion. Launch services brought in $962 million.
Cloud Services Agreements total $14.1 billion in signed sales, with the first phase contributing $1.6 billion of incremental AI infrastructure revenue in the quarter.
Landlords Collect Rent Whoever Wins A landlord collects rent regardless of which tenant wins. Elon Musk suggested Grok will occupy only a minority of SpaceX’s compute:
“I would expect maybe 10% of our compute to be used for grok training, something like that.”
Management claimed a less than one-year payback on new capital deployments for compute. The AI segment’s adjusted EBITDA turned positive for the first time at $1.1 billion.
SpaceX joins Oracle (NYSE:ORCL) and CoreWeave (NASDAQ:CRWV) as GPU landlords. Much of Oracle’s backlog is attributable to OpenAI. CoreWeave’s revenue has historically come mostly from Microsoft (NASDAQ:MSFT) and OpenAI, Hyperframe Research noted.
Capital Costs and Concentration Could Break the Model Q2 capex hit $18.37 billion, with $15.83 billion for AI computing power. Management said the next two quarters to be very similar to the current quarter from a CapEx level perspective. The AI unit posted a $1.3 billion operating loss, and the company lost $541 million overall.
The tenant list is concentrated. Alphabet (NASDAQ:GOOGL) runs its own data centers. If Google and Anthropic build sufficient capacity, they stop leasing. Musk said SpaceX expects a very small percentage of its chip supplier’s GPUs next year. The stock trades at a forward P/E of 200, leaving little room for disappointment.
Next Quarterly Report Will Test the Landlord Thesis Management signed an additional $6.7 billion of cloud services revenue over six months starting in October. The next quarterly report should push AI Solutions & Infrastructure revenue above $2.194 billion, Cloud Services Agreements above $14.1 billion, and capacity above 1.4 GW on track for over 2 gigawatts by year-end. If all three occur, the landlord thesis holds. If infrastructure revenue stalls while AI capex stays near $15.8 billion quarterly, it breaks.
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Why Meta is winning the micro drama wars By and Lucia Moses You're currently following this author! Click to unsubscribe from email alerts.
Mark Zuckerberg's Meta has become a huge beneficiary of the micro drama boom by harvesting ad dollars and free content at the same time. Finn Gomez/Getty Images Micro dramas are booming outside the US. They're beginning to see traction stateside too, with lots of startups trying to convince American consumers to pay a few dollars to watch soapy stories on their phones.
But right now, there's one clear winner in the US micro drama industry: Mark Zuckerberg.
Zuckerberg's Meta is by far the most popular place for micro drama producers to market their stuff, industry players tell us. Some estimate that startups are directing up to 75% of their marketing budgets to Meta's various properties, in the hopes of getting Facebook or Reels users to come to their sites.
"What I hear consistently from apps is, Meta gets more than half of the customer acquisition spend by most micro drama apps," said Hernan Lopez, founder of research firm Owl & Co. He pegs micro drama ad spending at $1.5 billion globally — excluding China, where the genre started.
But Meta isn't just harvesting ad dollars from the micro drama business. It's also getting tons of free content: Micro dramas advertise themselves by showing users multiple episodes of their shows for free — and sometimes they'll show them many, many episodes. Some micro drama producers, including ReelShort, Flareflow, and ShortMax, have uploaded clips as long as 20 minutes to Meta's ad hub.
So Meta gets the best of both worlds: Micro drama producers give them money and they give Meta engaging videos that keep their audiences on Meta's properties.
Meta declined to comment.
GammaTime, a year-old micro drama company, spends some 55% of its marketing budget on Meta, said cofounder Slava Mudryk. Very long ads are part of the mix when GammaTime launches a series or has a series with a particularly strong story arc within the series, he said.
Mudrykh said these long ads give Meta an advantage over TikTok and YouTube, which don't offer them.
"We always use it with launches," he said. "What we see is that this long sequence just brings people in to watch. And when it's done, the desire to continue watching on the app is strong."
You'd expect that TikTok, which exists solely to show users short clips and whose Chinese roots have made it very familiar with micro dramas, would be a big player in micro drama ads. But people in the industry say Meta's ad infrastructure and targeting abilities make it easier to find viewers and convert them into paying customers.
It also helps that Facebook's aging user base is more likely able and willing to spend money on apps, says Ali Albazaz, whose Inkitt startup runs micro drama app Candy Jar.
"If the story is enticing enough, and grabs the user's attention, that person who comes to our app has a very high likelihood of converting to a paid user."
But that also seems like it will set up a long-term tension between Meta and its new breed of customers: If micro drama players are able to get real traction, that means they'll eventually be pulling eyeballs away from Meta. It's also not a new tension for Meta: A few years ago, when TikTok was entering the market, Meta made billions selling ads promoting the app to its users — and now TikTok is a giant competitor.
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Peter Kafka You're currently following this author! Click to unsubscribe from email alerts.
Peter covers media and technology for Business Insider; previously he has worked at Vox, Recode, AllThingsD, and Forbes. He was also the first hire at Silicon Alley Insider, Business Insider's predecessor.
Lucia Moses You're currently following this author! Click to unsubscribe from email alerts.
Lucia Moses covers the media and entertainment business, with a focus on how creators build businesses, how media companies intersect with creators, and how marketers adopt entertainment tools. She's broken stories about MrBeast's ambitions, Google's movie initiative, and Netflix's push into podcasts.She previously reported on media and managed teams at Digiday and Adweek.
Cappuccinos sit on a table in Costa Coffee in Loughborough, Britain April 25, 2018. REUTERS/Darren Staples/File Photo Purchase Licensing Rights, opens new tab
CompaniesOct 8 (Reuters) - Coca-Cola (KO.N), opens new tab is seeking to unwind its $5 billion acquisition of British coffeehouse Costa Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing people familiar with the matter.
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Coca-Cola had scrapped its plans to sell Costa earlier this year after the offers from private equity firms came in below expectations, the Financial Times reported in January.
The beverage giant acquired Costa in 2018 for $5.1 billion in an effort to extend its push into healthier drinks.
At least one strategic acquirer mulled what a deal for Costa would look like before passing due to valuation and strategic issues, the Semafor report added.
Coca-Cola did not immediately respond to a request for comment
It could not be determined what price Coca-Cola might seek for Costa if it were to put the coffee chain back on the market, the report added.
Adds details from paragraph 2 onwards
Reporting by Angela Christy in Bengaluru; Editing by Shilpi Majumdar and Anil D'Silva
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Coca-Cola (KO - Free Report) closed the most recent trading day at $87.77, moving +2.27% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.47%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 1.25%.
The stock of world's largest beverage maker has fallen by 1.98% in the past month, leading the Consumer Staples sector's loss of 4.53% and undershooting the S&P 500's gain of 1.15%.
Investors will be eagerly watching for the performance of Coca-Cola in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 27, 2026. The company is forecasted to report an EPS of $0.87, showcasing a 6.1% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $12.91 billion, reflecting a 4.04% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.29 per share and a revenue of $49.81 billion, indicating changes of +9.67% and +4%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Coca-Cola. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Coca-Cola presently features a Zacks Rank of #2 (Buy).
In terms of valuation, Coca-Cola is presently being traded at a Forward P/E ratio of 26.07. Its industry sports an average Forward P/E of 17.76, so one might conclude that Coca-Cola is trading at a premium comparatively.
It is also worth noting that KO currently has a PEG ratio of 3.34. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Beverages - Soft drinks industry currently had an average PEG ratio of 1.9 as of yesterday's close.
The Beverages - Soft drinks industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 192, which puts it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
SummaryAlphabet faces a pivotal tension: Gemini AI could disrupt its core search ad business, yet also drive future growth.GOOGL posts accelerating top-line growth—four quarters of 16–24% sales increases—while reported earnings are distorted by large unrealized investment gains.Despite strong long-term outperformance, GOOGL has underperformed the market year-to-date, with technicals signaling recent selling pressure and momentum weakness.Analysts maintain a Strong Buy consensus and $429.36 average target, but valuation views diverge widely, reflecting uncertainty around AI monetization and capital intensity.This idea was discussed in more depth with members of my private investing community, Best Stocks Now! Premium. Learn More » Getty Images
Alphabet, Inc. (GOOGL) (GOOG) (Google's parent company) earns a substantial portion of its revenue from search advertising—ads shown when someone types a question into a search box. The company's most important AI product, Gemini, answers questions directly, which may
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Investment Risk and Valuation Disclosure: The information presented is for educational and informational purposes and reflects the author's opinions and analysis as of the date of publication. It should not be construed as personalized investment advice or a recommendation to purchase or sell any particular security. Any price targets, projected returns, or valuation estimates are based on assumptions regarding future earnings, growth rates, valuation multiples, and market conditions. Actual results may differ materially from these estimates, and investors may experience a loss of principal. Historical performance, proprietary grades, and rankings do not guarantee future investment results. Securities discussed may not be appropriate for all investors. Investors should consider their individual financial circumstances, investment objectives, and risk tolerance before making investment decisions
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Verizon zveřejní výsledky 26. října 2026; analytici očekávají zisk na akcii (EPS) ve výši 1,28 USD a tržby 34,8 miliardy USD, což představuje meziroční růst o 5,79 %, respektive o 2,89 %.
Verizon Communications (VZ - Free Report) closed at $46.35 in the latest trading session, marking a +1.27% move from the prior day. This move outpaced the S&P 500's daily loss of 0.47%. Elsewhere, the Dow gained 0.1%, while the tech-heavy Nasdaq lost 1.25%.
The stock of largest U.S. cellphone carrier has fallen by 7.98% in the past month, lagging the Computer and Technology sector's gain of 6.08% and the S&P 500's gain of 1.15%.
Analysts and investors alike will be keeping a close eye on the performance of Verizon Communications in its upcoming earnings disclosure. The company's earnings report is set to go public on October 26, 2026. On that day, Verizon Communications is projected to report earnings of $1.28 per share, which would represent year-over-year growth of 5.79%. Simultaneously, our latest consensus estimate expects the revenue to be $34.8 billion, showing a 2.89% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.04 per share and revenue of $140.94 billion, which would represent changes of +7.01% and +1.99%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Verizon Communications. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. As of now, Verizon Communications holds a Zacks Rank of #2 (Buy).
Digging into valuation, Verizon Communications currently has a Forward P/E ratio of 9.09. For comparison, its industry has an average Forward P/E of 11.09, which means Verizon Communications is trading at a discount to the group.
Meanwhile, VZ's PEG ratio is currently 1.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Wireless National industry stood at 1.55 at the close of the market yesterday.
The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
PepsiCo ve 3. čtvrtletí překonala odhady, ale kvůli slabším výsledkům v Severní Americe a vyšším nákladům snížila celoroční výhled růstu upraveného zisku na akcii na 2,5–3,5 %.
PepsiCo (PEP +3.73%) is coming off an interesting quarter in which the company beat Wall Street consensus estimates but lowered its full-year profit guidance.
Shares rose over 3.7% on Oct. 8.
In its third quarter of fiscal 2026, Pepsi reported adjusted earnings per share of $2.34, $0.05 ahead of estimates. Revenue of $25.27 billion also topped expectations by about $310 million.
On the plus side, Pepsi grew volume in its convenience foods division by 1% year over year, while beverage volume grew by 3%. Management also raised its net revenue guidance for fiscal 2026 from a range of 4% to 6% to roughly 6%.
But not everything was positive. Management cut the company’s full-year fiscal 2026 core earnings per share guide from 5% to 7% growth to 2.5% to 3.5%.
Here's why Pepsi experienced some pressure in the third quarter, despite the volume growth and top- and bottom-line beat.
Image source: The Motley Fool. Image source: The Motley Fool.
North America laggingPepsi has been trying to revamp its business in the wake of shifting consumer preferences, GLP-1 drugs, high costs, and pressure from the activist investor Elliott Management, which has built a $4 billion stake in the company.
Earlier this year, Pepsi slashed prices on some of its key snack brands, such as Lay's and Doritos. Management has also been trying to make snacks healthier by increasing their protein and fiber content.
But during the quarter, the North America division continued to struggle, with beverage volume down 2% year over year, while convenient foods volume was flat.
The company also experienced an increase in operating expenses and marketing and advertising costs, which led to the core operating margin contracting 0.35% to 16.9%. Tariff refunds also lifted core operating profit 4%, which otherwise would have been down year over year.
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"Our business in North America performed below our expectations and represents a meaningful opportunity for improvement," PepsiCo's CEO Ramon Laguarta said during a CNBC interview following the release of earnings.
In light of these struggles, Laguarta said the company would cut corporate and overhead costs across the organization, which could be reinvested in the North American business. This could be one reason to explain the solid rise in shares on Oct. 8 following the earnings report.
Reuters also reported in late September that the company is planning to raise prices on some of its snacks to keep pace with inflation. A company spokesperson at the time said the hikes will be on certain chip brands in the low- to mid-single-digit percentage range.
A complex road aheadPepsi is not the only large food and beverage company struggling. Kraft Heinz has also been looking into strategic alternatives, and nearly split the business into two companies in 2025, until that plan was shelved.
Elliott Management has also been looking for ways to unlock shareholder value, and has previously urged Pepsi to explore alternatives such as cutting costs, eliminating underperforming brands, and even spinning off the company's bottling network.
During the recent CNBC interview, Laguarta said the company currently has no plans to split the snacks and beverage businesses.
Ultimately, the quarter wasn't all bad, with some bright spots. Investors were also likely pleased to hear the company is planning to cut costs.
However, price cuts from earlier this year may have contributed to higher volume, and there are other sources of pressure, whether from inflation or industrywide challenges. The company still has much work ahead.
Američtí regulátoři udělili společnosti American Express pokutu ve výši 350 milionů USD za nedostatky v programu proti praní peněz; podle OCC banka nezachytila podezřelé transakce v hodnotě zhruba 13 miliard USD.
American Express logo and trading symbol are displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., December 6, 2017. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesOCC says lender failed to identify, evaluate and report roughly $13 billion in suspicious activityOCC cites insufficient resources, inexperienced staff, weak training and internal control gapsWASHINGTON, Oct 8 (Reuters) - American Express was fined $350 million by US bank regulators after they determined the lender's programs to identify potential money laundering were insufficient and the company potentially missed billions of dollars in suspicious activity.
The US Office of the Comptroller of the Currency and the Federal Reserve announced the enforcement action Thursday, saying the company, primarily via its national bank, failed to maintain a sufficient anti-money laundering compliance program, including inadequate resources, inexperienced staff, weak training, and internal control gaps.
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A spokesperson for American Express, which did not admit or deny the regulators' findings, did not respond immediately to a request for comment.
The OCC said "systemic breakdowns" in its monitoring and reporting meant the lender failed to identify, evaluate and sufficiently report roughly $13 billion in suspicious activity over the past decade.
"The OCC expects banks of American Express’s size and complexity to devote sufficient resources to ensure compliance with laws and regulations designed to detect and prevent money laundering, which are critical to both economic and national security,” said Comptroller of the Currency Jonathan Gould in a statement.
Specifically, the OCC said American Express focused on risks in its relatively narrow deposit products, while not devoting sufficient attention to its much larger credit card business. The regulator also identified shortcomings in customer due diligence and identification programs.
Adds regulators' comments, effort to reach American Express for comment
Reporting by Pete Schroeder and Chris Prentice; Editing by Sonali Paul
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Akcie společnosti Cisco Systems při posledním obchodování klesly o 2,13 % na 114,89 USD. Společnost má za čtvrtletí vykázat zisk na akcii (EPS) ve výši 1,32 USD a tržby ve výši 18,09 miliardy USD.
In the latest close session, Cisco Systems (CSCO - Free Report) was down 2.13% at $114.89. This change lagged the S&P 500's daily loss of 0.47%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 1.25%.
Shares of the seller of routers, switches, software and services have appreciated by 7.27% over the course of the past month, outperforming the Computer and Technology sector's gain of 6.08%, and the S&P 500's gain of 1.15%.
Market participants will be closely following the financial results of Cisco Systems in its upcoming release. The company is expected to report EPS of $1.32, up 32% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $18.09 billion, indicating a 21.52% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.11 per share and a revenue of $73.03 billion, representing changes of +18.01% and +15.32%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Cisco Systems. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Cisco Systems boasts a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, Cisco Systems is holding a Forward P/E ratio of 22.97. This signifies a discount in comparison to the average Forward P/E of 23.35 for its industry.
It's also important to note that CSCO currently trades at a PEG ratio of 2.12. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Computer - Networking industry stood at 1.53 at the close of the market yesterday.
The Computer - Networking industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 107, this industry ranks in the top 44% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
SpaceX kupuje od společnosti Grain Management celostátní portfolio spektra v pásmu 800 MHz, což má Starlink Mobile otevřít cestu k tomu, aby se stal významným americkým mobilním operátorem.
Space Exploration Technologies Corp (NASDAQ:SPCX) announced a deal to acquire low-band spectrum from Grain Management Thursday. News of the deal has stocks of U.S. mobile carriers trading lower as SpaceX could become a major competitor moving forward.
• SpaceX stock is moving in positive territory. What’s pushing SPCX stock higher?
The Spectrum DealSpaceX is acquiring the nationwide 800 MHz spectrum portfolio from Grain Management for an undisclosed amount.
"We announced an agreement to acquire a nationwide low-band spectrum license portfolio that will pave the way for Starlink to become a major mobile carrier in the US. With this new spectrum and our Gen2 constellation, Starlink Mobile can ensure Americans have access to high-speed mobile broadband no matter where they are," SpaceX tweeted.
In a blog post, SpaceX said the acquisition addressed a key technical gap for Starlink Mobile to become a major U.S. mobile carrier.
SpaceX said when it receives final FCC approval, Starlink Mobile will deploy and connect devices everywhere.
The company highlighted that the new low-band spectrum will help Starlink Mobile signal penetrate walls and other obstacles.
"Starlink Mobile can now become the first network operator to deploy both satellite and terrestrial spectrum. One network that provides Americans with a reliable service indoors, outdoors, in cellular dead zones, and everywhere between."
SpaceX CEO Elon Musk shared the news on social media and said this is a "very big deal."
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Telecommunications Stocks FallSpaceX stock is up 2.56% to $164.68 in after-hours trading Thursday.
Shares of mobile carrier companies falling after hours significantly are:
AT&T (NYSE:T): -7.92%
Verizon Communications (NYSE:VZ): -6.90%
T-Mobile US (NASDAQ:TMUS): -6.78%
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UPS zveřejní výsledky 27. října 2026; analytici očekávají EPS ve výši 1,63 USD, což představuje meziroční pokles o 6,32 %, a tržby ve výši 22,22 miliardy USD, meziročně vyšší o 3,75 %.
United Parcel Service (UPS - Free Report) closed at $94.13 in the latest trading session, marking a +1.99% move from the prior day. This change outpaced the S&P 500's 0.47% loss on the day. Meanwhile, the Dow experienced a rise of 0.1%, and the technology-dominated Nasdaq saw a decrease of 1.25%.
Heading into today, shares of the package delivery service had lost 6.98% over the past month, lagging the Transportation sector's loss of 5.3% and the S&P 500's gain of 1.15%.
The investment community will be closely monitoring the performance of United Parcel Service in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company's upcoming EPS is projected at $1.63, signifying a 6.32% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $22.22 billion, showing a 3.75% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.22 per share and a revenue of $91.6 billion, signifying shifts of +0.84% and +3.32%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for United Parcel Service. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.08% lower. United Parcel Service is holding a Zacks Rank of #3 (Hold) right now.
From a valuation perspective, United Parcel Service is currently exchanging hands at a Forward P/E ratio of 12.79. Its industry sports an average Forward P/E of 15.05, so one might conclude that United Parcel Service is trading at a discount comparatively.
It is also worth noting that UPS currently has a PEG ratio of 1.69. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Transportation - Air Freight and Cargo industry stood at 1.54 at the close of the market yesterday.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 107, positioning it in the top 44% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Goldman Sachs zvýšila doporučení pro Palantir na „kupovat“; akcie 8. října vzrostly o 3,8 %. Tržby ve 2. čtvrtletí meziročně stouply o 93 % na 1,94 mld. USD.
The $230 target implies roughly 16% upside as Palantir's revenue growth already approaches 100%. Summary
Goldman sees a wider market; Palantir must defend its premium.
Palantir Technologies PLTR, the data-platform and AI software provider, rose approximately 3.8% to $201.37 on Oct. 8 after Goldman Sachs upgraded the shares to Buy from Neutral, according to Barron's. Its $230 target implies another 14.2% upside. That gives buyers a fresh reason to chase the stock—but an analyst target still needs earnings to back it up.
The business has been delivering plenty of those. Palantir reported second-quarter revenue of $1.94 billion, up 93% year over year, while U.S. commercial sales surged 149% to $764 million. Its GAAP operating margin reached 47%. The punchline: rapid growth is translating into substantial operating profit, strengthening the case for AI software that customers put to work across their operations.
The valuation picture adds some friction: shares sit 8.97% above the $184.79 GF Value estimate, suggesting buyers are already paying a premium. Customized deployments and customers' demand for control over their data could expand Palantir's opportunity. The next test is turning early projects into larger, recurring commitments. Strong numbers support the rally; sustaining that pace will determine whether the premium holds.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Rekordní zisk Samsungu potvrzuje boom cen pamětí, ale zároveň zvyšuje riziko rozšiřování kapacit, které by mohlo oslabit ceny a marže společnosti Micron.
Samsung's record validates memory pricing while reminding investors that Micron's richest cycle attracts capacity. Summary
Strong competitor earnings confirm both demand and future supply risk.
Micron Technology MU, the AI-memory and storage producer, fell over 2% to $1,065.92 at approximately 10:29 a.m. ET on Oct. 8, despite another strong signal from the memory industry. According to Barron's reporting, Samsung's SSNLF preliminary profit underscored the pricing boom. But strong industry earnings do not guarantee a rising stock. Investors already expect plenty from Micron.
The company's latest earnings release puts those expectations in perspective: quarterly revenue reached $54.23 billion, while management projected $61.5 billion, plus or minus $1.5 billion, for the next quarter. Its core data-center business delivered $18 billion in revenue at a 90% gross margin. Those are extraordinary economics. The picture also shows shares trading 38.98% above the $766.94 GF Value estimate, suggesting the price leaves little room for disappointment.
Samsung's results strengthen the industry story. They do not settle Micron's competitive position. Fat margins give suppliers a powerful reason to build more capacity, and that expansion could eventually weaken pricing. For investors, the next test is how long Micron can defend these returns. Customer commitments, high-bandwidth-memory qualifications and disciplined spending will matter more than another rival's record profit.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Akcie Micron ve čtvrtek klesly o 4,8 % poté, co OpenAI potvrdila, že její roční opakované tržby ke konci září dosáhly 50 miliard USD, což je méně než dříve uváděných 68 miliard USD.
Micron (MU -4.79%) stock tumbled in Thursday trading, closing the day down 4.8% -- but the news wasn't as bad as you might think.
Bond yields declined Thursday, suggesting the cost Micron customers bear when financing their purchases of memory chips won't climb forever. Furthermore, minutes released from the last meeting of the Federal Reserve Open Markets Committee indicate the Fed may not keep raising interest rates to combat inflation -- also good news for debtors.
Unfortunately for Micron investors, that wasn't all the news that came out Thursday. As CNBC reports, OpenAI just confirmed that its annual recurring revenue as of the end of September was only $50 billion -- not the $68 billion previously posited.
Image source: Micron.
What that means for Micron stockIf OpenAI's not making as much money as it thought it was, then Micron's customers might actually need to take on more loans to buy the company's memory chips. Because if they're anything like OpenAI, their revenues may not be generating enough cash to pay for those chips out of cash flow alone!
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What's next for Micron stockSo is it time for Micron shareholders to panic? Not necessarily.
Although OpenAI fell short of the mark in September, the company still grew its revenue run rate 77% in the September quarter. And a new report out of Lynx Equity Strategies today confirms that the AI revolution is alive and well.
Tight supply of memory chips has driven up the prices Micron can charge for its wares, and according to Lynx analyst KC Rajkumar, memory supply in 2027 and 2028 will be "significantly tighter than in fiscal 2026."
Tight supply is just what Micron needs to keep its profits growing. Trading at 7x next year's earnings, Micron stock still looks like a buy to me.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Micron Technology. The Motley Fool has a disclosure policy.
NEW ORLEANS, Oct. 08, 2026 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 13, 2026 to file lead plaintiff applications in a securities class action lawsuit against HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB), if they purchased HDFC securities between July 17, 2023 and May 26, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
Get Help
HDFC investors should visit us at https://claimsfiler.com/cases/nyse-hdb/ or call toll-free (833) 538-3601. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
HDFC and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 27, 2026, pre-market, The Indian Express reported that HDFC Bank had disguised crores of rupees as marketing expenditures in order to pay above-market interest rates to a state-owned enterprise. According to the article, the Company secretly funneled roughly Rs 45 crore (about $4.7 million) to the Maharashtra State Road Development Corporation ("MSRDC") to encourage MSRDC to place substantial deposits with the bank. HDFC Bank offered MSRDC a 6.01% interest rate — 2.51 percentage points above what it paid other depositors — and covered that premium by characterizing the payments as sponsorship of an MSRDC road safety awareness initiative. The article further reported that an internal investigation conducted in March and April 2026 found more than ten senior officials responsible for the scheme, including CEO Sashidhar Jagdishan.
On this news, the price of HDFC shares fell $1.02, or 4.1%, to close at $23.78 per share on May 27, 2026, on unusually heavy trading volume.
The case is Soneji v. HDFC Bank Limited, Case No. 26-cv-06943.
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ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
Raytheon, divize společnosti RTX, získal víceletý kontrakt od americké armády v hodnotě až 6,3 miliardy USD na výrobu a údržbu střel Standard Missile-3 Block IB.
RTX logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
Oct 8 (Reuters) - RTX's Raytheon said on Thursday it won a multi-year US military contract worth up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors, as the Pentagon seeks to rebuild missile-defence inventories and boost munitions production.
The award comes as the Pentagon looks to replenish stockpiles depleted by conflicts in the Middle East and meet growing demand for air and missile defence systems.
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The Standard Missile-3 Block IB is a ballistic missile-defence interceptor used by the U.S. Navy against short- and intermediate-range ballistic missile threats.
The deal follows a series of large Pentagon missile contracts. In October, Raytheon secured a contract worth up to $24.4 billion to produce Standard Missile-6 interceptors for the U.S. Navy, while Lockheed Martin (LMT.N), opens new tab won a $58.6 billion Patriot missile contract in July.
The agreements are part of the Trump administration's push to expand U.S. weapons production by encouraging contractors to increase manufacturing capacity. Industry executives, however, have warned that a lack of congressional funding could delay investment in facilities and supply chains.
Raytheon said it has invested in expanding production capacity for the Standard Missile family. Work under the contract will be performed primarily at its facilities in Tucson, Arizona, and Huntsville, Alabama.
Reporting by Apratim Sarkar in Bengaluru; Editing by Anil D'Silva
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Broadcom očekává ve 4. čtvrtletí tržby z AI polovodičů ve výši 21,7 mld. USD, oproti 16,7 mld. USD ve 3. čtvrtletí, což představuje zhruba 30% mezikvartální růst.
TSMC validates AI demand, but Broadcom must still convert its $21.7 billion quarterly semiconductor guide. Summary
Foundry strength confirms the market—not Broadcom’s individual share.
Broadcom AVGO, the custom AI accelerator and networking-chip supplier, fell about 2.1% to $368.38 at approximately 10:33 a.m. ET on Thursday. Strong foundry sales offered little protection from selling across the AI-chip trade. According to Barron's, TSMC's record sales failed to give the sector a broad lift. Investors want more than another sign that AI demand remains hot.
Broadcom's own hurdle is steep. Management projected $21.7 billion in fourth-quarter AI semiconductor revenue after delivering $16.7 billion in the third quarter, up 221% from a year earlier. That forecast requires roughly 30% sequential growth. It also puts AI chips at more than 62% of the company's projected $34.8 billion quarterly revenue. AI increasingly sets the pace for the whole business.
The valuation graphic puts shares 12.66% below the $421.80 GF Value™ estimate, suggesting a valuation cushion without proving the stock is cheap. TSMC's strength supports the demand backdrop, but its factories serve competing chip designers too. Broadcom must turn customer spending into shipments while protecting profitability and managing dependence on major buyers. The next test is whether it delivers that $21.7 billion AI revenue forecast.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Akcie společnosti Broadcom ve čtvrtek klesly o 4,4 % poté, co OpenAI uvedla anualizované tržby ve výši 50 miliard USD namísto dříve očekávaných 68 miliard USD.
Shares of Broadcom (AVGO -4.35%) turned lower on Thursday, falling as much as 5.1%. The stock was still down 4.4% by the time the market closed.
The catalyst that sent the semiconductor and networking specialist lower was news that OpenAI's revenue was substantially lower than had been previously reported.
Image source: The Motley Fool.
Accounting disclosureArtificial intelligence (AI) start-up OpenAI revealed that its annualized revenue was roughly $50 billion as of the end of September, significantly lower than the $68 billion that had been widely reported by the financial media late last month.
In an updated presentation shown to potential investors, OpenAI clarified the figure, noting that the $68 billion included gross revenue from the company's partners and was meant to provide an apples-to-apples comparison to its most direct competitor, start-up Anthropic.
So what does this have to do with Broadcom?Many AI stocks tend to move together, so the news alone may have been enough to send Broadcom lower. However, the company has a more direct connection to OpenAI. Reports emerged yesterday that Broadcom was working to line up roughly $50 billion in financing for OpenAI to fund the purchase of AI-centric chips.
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Broadcom and OpenAI have been collaborating on a custom AI processor, dubbed "Jalapeno," which is expected to be deployed later this year. Given the close ties between the two, it makes sense that the company would help OpenAI arrange financing to buy Broadcom's custom chips.
Taking a step back, if OpenAI's revenue isn't all it was cracked up to be, it may have fewer resources and less need for Broadcom's chips. Add in fears about circular financing deals in the space, and it's easy to see why investors might be nervous, though this appears to be nothing more than an accounting disclosure.
At 31 times forward earnings and 18 times next year's expected earnings, Broadcom is attractively priced relative to the size of the opportunity. Moves like this provide astute investors with the opportunity to pick up shares at a discount.
Danny Vena, CPA has positions in Broadcom. The Motley Fool has positions in and recommends Broadcom. The Motley Fool has a disclosure policy.
Brodsky & Smith prověřuje, zda představenstvo společnosti Pacira BioSciences neporušilo své povinnosti vůči akcionářům při prodeji společnosti společnosti Viatris za 36,50 USD za akcii v transakci v hodnotě 1,65 miliardy USD.
Bala Cynwyd, Pennsylvania--(Newsfile Corp. - October 8, 2026) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Pacira BioSciences, Inc. ("Pacira BioSciences" or the "Company") (NASDAQ: PCRX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Viatris Inc. (NASDAQ: VTRS) for $36.50 per share in cash, representing an aggregate equity value of $1.65 billion.
The investigation concerns whether the Pacira BioSciences Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the proposed transaction is paying fair value to shareholders of the Company.
If you own shares of Pacira BioSciences stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at [email protected], visit https://www.brodskysmith.com/cases/pacira-biosciences-inc-nasdaq-pcrx/, or call toll free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318170
CMS udělila PPO plánům Medicare Advantage společnosti Clover Health pro rok 2027 maximální pětihvězdičkové hodnocení, které umožní pojištěncům celoroční zápis.
WILMINGTON, Del., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (Nasdaq: CLOV) (“Clover,” “Clover Health” or the “Company”), today announced that the Centers for Medicare & Medicaid Services (“CMS”) has awarded its PPO Medicare Advantage (“MA”) plans a rating of 5 Stars and its HMO MA plan a rating of 4.5 Stars for 2027, which will affect payment year 2028. Through the first half of 2026, Clover Health grew Medicare Advantage membership ~48% year-over-year to more than 157,000 members, with ~98% enrolled in its wide-network PPO plans. At 5 Stars, Clover’s PPO plans will be able to enroll beneficiaries year round.
Each year, CMS assigns Star ratings to Medicare Advantage and Part D contracts on its healthcare quality and drug plan, and issues a Star rating on a scale of 1 to 5 Stars. These ratings affect payments to Medicare Advantage plans. For the 2027 Star Ratings, Clover’s overall Star rating was driven by improvements across Stars domains.
In light of the decision in Clover Insurance Company v. Department of Health & Human Services, Civ. A. No. 25-142 (S.D. Ga.) issued on May 27, 2026, which is on appeal, CMS calculated Clover’s rating for its PPO plans removing the 20 measures included in the court decision, awarding Clover’s PPO plans 5 Stars. With the 20 measures included, Clover’s PPO plans would have received 4.5 Stars.
Additionally, for the third year in a row, Clover has continued its market-leading performance on core Healthcare Effectiveness Data and Information Set (“HEDIS®”1) measures with a score of 4.82 out of 5 Stars2, again ranking #1 among non-SNP PPO plans with over 2,000 members. HEDIS is a set of performance measures used to assess aspects of care quality, including preventive screenings and management of health issues such as diabetes, cancer, and heart disease. Clover’s HEDIS score remains consistent at 4.82 out of 5 Stars regardless of the CMS methodology used for 2027, demonstrating the strength of a care model powered by Counterpart Assistant that surfaces relevant information for physicians to identify care needs and support better-informed clinical decisions.
“Success in the Star ratings system means an enhanced ability to support our members and to continue to provide them market leading plans. We also continue to support reforms to the Stars program that more closely align these ratings with meaningful improvements in members’ health and value for the Medicare program,” said Andrew Toy, CEO of Clover Health. “We are particularly proud of our core HEDIS measures performance, which assess important aspects of preventive care and chronic disease management. Our focus remains on giving physicians the tools to deliver proactive care across our wide PPO network, supported by our Counterpart Assistant platform.”
“Our teams have worked incredibly hard over the last several years, and we’re excited about what this year’s Star rating means for our ability to keep delivering the benefits, affordability, and wide choice of providers that our members count on and trust,” said Jamie Reynoso, CEO of Medicare Advantage, Clover Health. “With a higher Star rating, we are able to further reinvest in even more competitive benefits. This milestone allows us to scale our impact to more people on Medicare without compromising our financial strength or commitment to care quality.”
“We founded Clover with the conviction that improving healthcare requires both the ambition to reimagine it coupled with the willingness to solve hard problems, on a first principles basis,” added Vivek Garipalli, Founder and Executive Chairman of Clover Health. “I’m proud to work closely with our teams on critical aspects of these efforts, and I have a ton of fun doing so as well. This Star rating reflects many, many years of persistence and disciplined execution and provides a strong opportunity to build on that foundation moving forward as we continue to seek much-needed reforms.”
To learn more about Clover Health and its Medicare Advantage plans, visit www.cloverhealth.com. For providers, health systems and plans interested in learning about how they can use Clover’s proprietary technology stack to succeed in value-based care, visit www.counterparthealth.com.
Federal Contracting Disclaimer: Clover Health is a Preferred Provider Organization (PPO) and a Health Maintenance Organization (HMO) with a Medicare contract. Enrollment in Clover Health depends on contract renewal.
The statements contained in this document are solely those of the authors and do not necessarily reflect the views or policies of CMS. The authors assume responsibility for the accuracy and completeness of the information contained in this document.
Forward-Looking Statements:
Please note that this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding future events and Clover Health’s future results of operations, financial position, business strategy and future plans. Forward-looking statements are not guarantees of future performance, and you are cautioned not to place undue reliance on such statements. In some cases, you can identify forward looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “going to,” “can,” “could,” “should,” “would,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “outlook,” “forecast,” “guidance,” “objective,” “plan,” “seek,” “grow,” “target,” “if,” “continue” or the negative of these words or other similar terms or expressions that concern Clover’s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this press release include, but are not limited to, its anticipated financial results associated with CMS’ 2027 Stars ratings of 5.0 for Clover’s PPO MA plans and its 2027 Stars rating of 4.5 for Clover’s HMO plan, future financial outlook, future membership growth and retention, Clover assistant usage and investment, and cost efficiency initiatives, as well as our expectations related to Clover’s GAAP and Adjusted EBITDA profitability, liquidity, future performance, future operations and future results. These statements are subject to known and unknown risks, uncertainties and other factors that may cause Clover Health’s actual results, levels of activity, performance or achievements to differ materially from results expressed or implied in this press release. Additional information concerning these and other risk factors is contained in Clover Health’s most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2026, and in our subsequent filings with the SEC, in each case where relevant, including the Risk Factors sections therein, and in its other filings with the SEC. The forward-looking statements included in this press release are made as of the date hereof. Except as required by law, Clover Health undertakes no obligation to update any of these forward-looking statements after the date of this press release or to conform these statements to actual results or revised expectations.
About Clover Health:
Clover Health (Nasdaq: CLOV) is a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare. This includes a focus on seniors who have historically lacked access to affordable, high-quality healthcare. Our strategy is powered by our software platform, Clover Assistant, which is designed to aggregate patient data from across the healthcare ecosystem to support clinical decision-making and improve health outcomes through the early identification and management of chronic disease. For our members, we provide PPO and HMO Medicare Advantage plans in several states, with a differentiated focus on our flagship wide-network, high-choice PPO plans. For healthcare providers outside Clover Health's Medicare Advantage plan, we extend the benefits of our data-driven technology platform to a wider audience via our subsidiary, Counterpart Health, and aim to enable enhanced patient outcomes and reduced healthcare costs on a nationwide scale. Clover Health has published data demonstrating the technology’s impact on Medication Adherence, Congestive Heart Failure, Chronic Obstructive Pulmonary Disease, and in Underserved Populations as well as the earlier identification and management of Diabetes and Chronic Kidney Disease.
1 HEDIS® is a registered trademark of the National Committee for Quality Assurance (NCQA)
2 This analysis focuses on performance by non-SNP PPO plans with over 2,000 lives as of September 1, 2024, 2025, and 2026 on HEDIS measures applicable to non-SNPs that were used for CMS’s MY 2023, MY 2024, and MY 2025 Star ratings, applying the measure ranges used by CMS.
New York, New York--(Newsfile Corp. - October 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities FuelCell Energy, Inc. (NASDAQ: FCEL) between June 24, 2026 and September 1, 2026, inclusive (the "Class Period"), of the important November 10, 2026 lead plaintiff deadline.
SO WHAT: If you purchased FuelCell securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the FuelCell class action, go to https://rosenlegal.com/cases/fuelcell-energy-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 10, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) FuelCell's manufacturing capacity was inadequate to generate the production rate required under the capital equipment purchase agreement ("CEPA"); (2) as a result, FuelCell's annualized production rate for deliveries under the CEPA with Fit Energy was slower than expected; (3) as a result, FuelCell was incurring higher product costs and manufacturing overhead expenses; (4) as a result of the slower production rate, FuelCell was reasonably likely to incur charges in connection with the CEPA; (5) the foregoing was a known trend affecting FuelCell's profitability; and (6) as a result of the foregoing, defendants' positive statements about FuelCell's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the FuelCell class action, go to https://rosenlegal.com/cases/fuelcell-energy-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318173
Source: The Rosen Law Firm PA
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Společnost Southwest Airlines zvažuje Boeing 787 Dreamliner jako svůj první širokotrupý letoun pro dálkové mezinárodní lety, o jejichž spuštění uvažuje přibližně v horizontu tří let.
A Southwest Airlines plane approaches Ronald Reagan Washington National Airport near Alexandria, Virginia, U.S., December 24, 2025. REUTERS/Ken Cedeno/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesSouthwest has discussed launching long-haul service within roughly three years, sources sayJets from lessors or the secondary market could accelerate a launch despite tight Dreamliner availabilityNew aircraft type could require added regulatory, labor and operational workCHICAGO/MONTREAL, Oct 8 (Reuters) - Southwest Airlines (LUV.N), opens new tab is leaning toward Boeing's (BA.N), opens new tab 787 Dreamliner as its first widebody jet as it weighs launching long-haul international flights, according to three people familiar with the carrier's fleet planning.
The people, who declined to be named because the deliberations are private, cautioned that no final aircraft decision has been made. The choice would ultimately rest with Southwest's board, which last year formed a Fleet Oversight Committee to help oversee the company's aircraft fleet acquisition strategy.
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Southwest has not publicly named an aircraft for long-haul flying. In September, Chief Financial Officer Tom Doxey said long-haul international service was among a range of options under consideration but that no decision had been made.
One of the people said Southwest has contemplated a fleet of dozens of 787s.
Southwest has also examined how quickly it could obtain aircraft, including through lessors or the secondary market, according to two of the people. Reuters could not determine which 787 variant it is considering or whether any leasing arrangements have been made.
Southwest did not directly address questions about the 787, saying in a statement, "We do not have any news forthcoming related to our fleet plans." Boeing referred questions about the fleet plans to the carrier. Airbus (AIR.PA), opens new tab said it does not comment on discussions with airlines.
The deliberations would take Southwest's overhaul into a new phase. The airline has added assigned seating and extra-legroom seats and announced airport lounges and plans for a premium credit card as it seeks to attract higher-spending travelers.
A widebody fleet would take Southwest into long-haul international flying and more direct competition with larger US rivals. Southwest has publicly discussed long-haul expansion as part of a broader effort to give customers fewer reasons to book with competitors while strengthening its Rapid Rewards loyalty program and co-branded credit-card business.
CEO Bob Jordan has said Southwest does not need a long-haul network comparable with those of Delta Air Lines (DAL.N), opens new tab, United Airlines (UAL.O), opens new tab or American Airlines (AAL.O), opens new tab. In May, he said 8 to 12 long-haul destinations could cover much of where Southwest customers want to travel.
BOEING VERSUS AIRBUSSouthwest currently operates an all-Boeing 737 fleet, but Airbus has been aggressively courting the airline as it evaluates future fleet needs, according to people familiar with the discussions. They said the A321XLR and A330neo could serve its long-haul needs, while the smaller A220 has been pitched for other parts of its network.
Choosing Airbus would require Southwest to diversify its fleet. Those people said the 787 has appeared to hold the stronger position in the discussions.
Southwest's pilot union has publicly indicated that more than one path is being examined. Jody Reven, president of the Southwest Airlines Pilots Association, said in a recent union podcast that the company had discussed both a "large aircraft" and a "narrow-body long-haul aircraft" as part of its future plans.
AVAILABILITY COULD SHAPE TIMINGThe long-haul plan has been discussed on a roughly three-year timetable, one of the people said. But aircraft availability could shape the timing.
Boeing has said the 787 is sold out through the end of the decade.
One of the people said Southwest has explored obtaining some Dreamliners through lessors, potentially allowing an earlier launch. Another said aircraft from the secondary market had been considered for the initial fleet.
Adding a 787 widebody would be a bigger undertaking than expanding Southwest's current 737 operation. Southwest has said adding a new aircraft type could require new maintenance and training programs, regulatory approvals and union negotiations over pay and work rules.
Reporting by Rajesh Kumar Singh in Chicago and Allison Lampert in Montreal; Additional reporting by Tim Hepher in Paris; Editing by Joe Brock and Matthew Lewis
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Starbucks podle deníku Financial Times zkoumá akvizici společnosti Chipotle Mexican Grill, která by byla největší transakcí v historii restauračního odvětví.
The Ratings Game‘We think investors will view this as competing for management’s time and attention where there’s still wood to chop on turning the Starbucks brand around,’ analyst says
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A hot cup of coffee might be among the last things you think of when you order a burrito. But as Starbucks reportedly weighs a takeover of Chipotle Mexican Grill, you could end up getting both from one massive, taco-pumpkin-spice-latte conglomerate.
The Financial Times on Thursday reported that the coffee chain has explored acquiring Chipotle in some form, in what would be the biggest such deal in the restaurant industry’s history. If that doesn’t immediately make sense to you, Wall Street appears to agree.
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Americké spotové bitcoinové ETF zaznamenaly 7. října čistý odliv ve výši 484,9 milionu USD; fond IBIT společnosti BlackRock vedl s odlivem 207,7 milionu USD.
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TL;DR: US spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, according to Farside Investors. BlackRock’s IBIT led the withdrawals with $207.7 million leaving the fund, while Fidelity and ARK also posted nine-figure outflows.
A day after Bitcoin ETF inflows appeared to recover, institutional money moved sharply in the other direction.
US spot Bitcoin exchange-traded funds recorded $484.9 million in combined net outflows on October 7, according to updated data from Farside Investors.
The redemptions were broad rather than concentrated in one legacy product.
BlackRock‘s IBIT, normally the strongest source of positive flow in the group, lost $207.7 million.
Fidelity’s FBTC recorded another $105.1 million of net outflows, while ARK’s ARKB lost $101.7 million.
Bitwise’s BITB posted $27.6 million of outflows, Grayscale‘s GBTC lost $39.3 million and VanEck’s HODL shed $3.5 million.
The scale of the reversal stands out because the group had recorded $118.8 million of net inflows just one session earlier.
BlackRock itself had taken in $122 million on October 6 before becoming the biggest source of redemptions the following day.
That is a useful reminder of how quickly ETF flows can change.
Large creations and redemptions do not necessarily represent a permanent institutional view on Bitcoin. Funds are used for tactical trades, portfolio rebalancing, arbitrage and longer-term exposure, all of which can produce significant daily swings.
Still, nearly half a billion dollars leaving the products in one session is difficult to ignore.
The composition matters.
GBTC was once routinely responsible for most of the sector’s negative flow as investors exited the higher-fee legacy trust after its conversion to an ETF.
October 7 looked different.
The largest withdrawals came from products run by BlackRock, Fidelity and ARK, indicating that the selling pressure reached funds that have historically attracted substantial new capital.
Bitcoin was trading in a more difficult macro environment at the same time, with risk assets under pressure and investors watching interest rates, energy prices and geopolitical developments.
ETF flows cannot prove why a market moved, but they offer a direct view into how one of Bitcoin’s largest regulated investment channels is behaving.
That channel has become increasingly important since spot products opened the market to investors who do not want to hold BTC directly.
One bad session does not break that structural story.
But October 7 was not a marginal pullback either.
For the first time in several sessions, the strongest message from the ETF market was not accumulation.
Proti společnosti DICK'S Sporting Goods (DKS) byla podána žaloba jménem skupiny investorů kvůli údajným zavádějícím tvrzením o zásobách společnosti Foot Locker, tržbách, maržích a ziscích.
New York, New York--(Newsfile Corp. - October 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of DICK'S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"), of the important November 3, 2026 lead plaintiff deadline.
SO WHAT: If you purchased DICK'S Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the DICK'S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick's cleanup efforts concerning Foot Locker's inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick's was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick's was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants' positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the DICK'S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318162
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
HYPE v září vzrostl z přibližně 50–60 USD na rekordních 97,90 USD, ale 6. října má být uvolněno až 856 milionů USD v tokenech, což může zvýšit prodejní tlak.
HYPE delivered one of the strongest rallies among large-cap crypto assets in September, climbing from roughly $50-$60 at the beginning of the month to a record $97.90 on Sept. 22.
The token remained near $90-$93 in early October, even as Bitcoin and Ethereum traded further below their respective highs.
The rally has been closely linked to activity on Hyperliquid. Total open interest reached approximately $14.3 billion in early September, approaching levels seen shortly before the October 2025 market crash.
HOT Stories
The protocol also directs close to 97% of fees generated by its core crypto perpetual markets toward HYPE buybacks. Since launch, those buybacks have reportedly reached roughly $1.3 billion worth of HYPE.
The token's role within the Hyperliquid ecosystem has also expanded. On Sept. 18, the protocol introduced manual borrowing, allowing users to use HYPE or BTC as collateral for stablecoin loans. The feature reportedly generated about $269 million in borrowing during its first day, alongside more than $400 million in supplied liquidity.
That development strengthens the case for HYPE as an asset increasingly connected to Hyperliquid's financial infrastructure rather than simply serving as a governance token.
The protocol's HIP-3 ecosystem has expanded as well, allowing third-party builders to create perpetual markets linked to stocks, commodities and other assets.
By late September, HIP-3 had approximately $3.96 billion in open interest across 150 active markets, representing about 23% of Hyperliquid's total perpetual open interest. Activity remains concentrated, however, with one builder accounting for nearly 98% of HIP-3 open interest.
Institutional access has added another layer to the story. Three U.S. spot HYPE ETFs held approximately $502 million in assets as of Sept. 25, although inflows had slowed from their early-September peak. Binance also listed HYPE with a Seed Tag on Sept. 24, initially contributing to a roughly 4.5% decline as some large holders moved tokens to exchanges.
Hyperliquid price prediction: Can HYPE reclaim $98?The technical picture has weakened from the September peak. HYPE fell to around $86 after reaching nearly $98, breaking below the short-term moving average that had supported the rally through much of August and September.
The decline does not yet resemble a capitulation event. Trading volume has generally declined through September, while the latest sell-off occurred with moderate activity. That suggests the market may be experiencing profit-taking and consolidation rather than a full reversal.
HYPE remains above its medium- and long-term moving averages, preserving the broader bullish structure. The token previously recovered from the $77-$78 area, reclaimed $80 and then broke through the $87-$90 range before entering price discovery.
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At the same time, the rally has pushed momentum indicators into overbought territory. RSI remained around 70-75 for extended periods before the latest decline, while the move from roughly $57 in early September to almost $100 left the token significantly extended from its longer-term trend.
The $98-$100 area is therefore the immediate technical hurdle. A sustained break above that zone could open the way toward the $110-$120 area based on technical extensions. Conversely, failure to reclaim $98 could leave HYPE consolidating between roughly $80 and $90, with $80-$85 emerging as the next important support zone.
Positioning data also suggests that the market is not uniformly bullish. Wallets with more than $1 million in profits, described as the "Money Printer" cohort, hold approximately $2.82 billion in longs against $2.88 billion in shorts, leaving the group with a net-short exposure of about $60 million.
Smaller profitable traders show a more bullish bias. The $100,000-$1 million cohort holds about $879.1 million in longs versus $419.1 million in shorts, while wallets with $10,000-$100,000 in profits hold approximately $526.9 million in longs against $188.7 million in shorts.
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Another factor for traders is the scheduled October token unlock. Up to $856 million worth of HYPE was expected to be released on Oct. 6, making it the largest individual token unlock among assets scheduled for the month. Such an increase in potential supply could add pressure if recipients choose to sell.
Overall, HYPE's September rally remains supported by strong protocol activity, aggressive buybacks, expanding borrowing and perpetual markets, and growing institutional access. However, the move toward $100 has also produced increasingly stretched technical conditions.
The next phase is likely to depend on whether Hyperliquid can translate its growing protocol activity and revenue into sustained demand for HYPE. For now, $98-$100 remains the key resistance zone, while $80-$85 is the more important downside area to watch.
Omnicom Media a Rembrand spojily síly, aby značkám umožnily plánovat a nasazovat reklamu přímo do prémiového streamovaného obsahu prostřednictvím platformy VISTA s AI.
Omnicom Media First-to-market capability brings together Acxiom, Omni, and Rembrand's VISTA platform, with access to premium inventory from major media partners
, /PRNewswire/ -- Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, and in-content advertising platform Rembrand are partnering to bring in-content advertising into the mainstream media mix with a first-to-market capability that enables brands to identify, plan, and activate in-content placements across first-look premium streaming inventory from multiple major media companies.
The partnership provides OM's Content Collective – the group's branded content center of excellence - first-mover access to Rembrand's AI-powered VISTA platform, which scans publisher content to identify scenes that can be monetized by insertion of in-content advertising. Using AcxiomRealID™ and direct integrations with major streamers, brands can identify the most relevant content for a given audience. Pairing this intelligence with Rembrand's VISTA platform, brands unlock a more systematic and scalable way to find relevant programming and activate against those opportunities across participating streaming partners.
Historically, in-content advertising has been managed through bespoke partnerships and individual content integrations. The new capability brings those opportunities into a common planning framework, giving media teams visibility across participating publishers and allowing in-content placements to be considered alongside broader media investments.
The collaboration is rooted in a fundamental shift in consumer behavior. Omnicom Media's recent research, From Tuned Out to Leaned In: How to Combat Ad Avoidance, found that 65% of U.S. consumers avoid advertising to some degree, whether by skipping, scrolling, muting, or ignoring ads. As consumers use subscriptions, apps, AI, and other tools to exert greater control over their media experiences, brands need new ways to reach people without creating another interruption.
Additionally, commissioned research conducted by Omnicom Media's Partner Intelligence team in collaboration with Rembrand evaluated the effectiveness of in-content advertising, finding that, when paired with traditional video ads, perceptions of premium content amplify the performance of ICAs, driving a 5.5 times impact on message recall, and a 4x increase in both purchase intent and perceptions of the brand as premium.
"Our research identified how quickly consumers actively or passively disengage when advertising feels intrusive or overly repetitive," said Megan Pagliuca, Chief Product Officer, Omnicom Media. "To address this, we have launched new capabilities in streaming to address negative reach, improve relevance and measurability of traditional brand experiences, and now we are complementing these with a first of its kind data driven, scalable approach to in-content advertising."
How It Works
The capability connects four stages:
Audience matching: Acxiom audience segments are matched with streaming viewership data to identify shows, movies, and genres that best index with a target audience. Inventory mapping: Relevant programming is matched against in-content advertising opportunities available through VISTA. Inventory expansion: Additional content can be onboarded through established processes with participating streaming partners when relevant opportunities are not yet available. Activation: Brands deploy in-content placements against selected audiences and programming across participating publishers. The result is a way to put brands directly into content consumers have chosen to watch, while providing greater visibility into in-content supply across publishers.
"In-content advertising has always offered brands the opportunity to show up within content people have actively chosen to watch," said John Sedlak, Chief Revenue Officer, Rembrand. "Our collaboration with Omnicom Media makes those opportunities easier to identify, plan and activate across premium streaming, bringing a new level of scale and consistency to the category."
Applications range from an automaker placing a new model in relevant programming across a streamer, using Acxiom in-market auto segments to reach shoppers who routinely avoid traditional ads, to a beverage brand appearing in top-indexing summer programming during key seasonal purchase periods. Retail brands can similarly use in-content placements to directly connect exposure to the path to purchase.
Summing up the response to-date from clients who have been briefed on the new capability, Jillian Davis, Director of Marketing Technology for Auto Trader and Kelly Blue Book parent company Cox Automotive said, "We're always eager to leverage new, scalable and organic ways to reach our customers within premium content."
ABOUT OMNICOM MEDIA
Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, is the world's largest global media management network. Powered by the Omni Intelligence Platform, Omnicom Media agencies leverage $75.6 billion in billings, 47,000+ specialists across 70+ markets, and the industry's most powerful portfolio identity, commerce, and intelligence assets to design dynamic Growth Ecosystems that enable the world's most ambitious businesses to grow faster and smarter. The Omnicom Media portfolio includes global media agency brands OMD, PHD, Initiative, Hearts United and UM; core Omnicom Integrated Media offerings Acxiom, the world's premier identity solution, and the Flywheel end-to-end commerce solution; and specialty services across the cloud consulting, creator, financial, healthcare, and sports & entertainment categories. For more information visit omnicommedia.com
ABOUT REMBRAND
Rembrand is the leading In-Content Advertising platform, using AI to seamlessly integrate brands into video content. The company's technology provides a non-intrusive and engaging advertising experience for viewers while delivering increased brand awareness and improved engagement for advertisers. Rembrand works with a vast network of global content owners and media companies to deliver unparalleled reach and scale for its brand partners. For more info, visit www.rembrand.com.
Notes due 2029 Initially Assigned Ratings of Baa2 by Moody’s Investors Service and BBB- by Fitch Ratings, Inc.
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), today announced that it has closed an upsized underwritten public offering of $400.0 million in aggregate principal amount of 6.700% notes due October 2029 (the “Notes”).
The Notes are unsecured and bear interest at a rate of 6.700% per year, payable semiannually, will mature on October 8, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company’s option at par, plus a “make whole” premium, if applicable.
The Company expects to use the net proceeds from this offering to (i) repay outstanding unsecured indebtedness and/or secured indebtedness under its existing financing arrangements, (ii) fund investments in accordance with its investment objectives, and (iii) for other general corporate purposes.
Goldman Sachs & Co. LLC, SMBC Nikko Securities America, Inc. and MUFG Securities Americas Inc. acted as joint book-running managers of this offering. Citizens JMP Securities, LLC, DZ Financial Markets LLC, RBC Capital Markets, LLC, R. Seelaus & Co., LLC, Synovus Securities, Inc., Wedbush Securities Inc. and Zions Direct, Inc. acted as co-managers.
The offering was made solely by means of a prospectus supplement and an accompanying prospectus. Copies of the prospectus supplement may be obtained from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, or email: [email protected], or telephone: 1-866-471-2526, or SMBC Nikko Securities America, Inc., 277 Park Avenue, New York, New York 10172, Attention: Debt Capital Markets – Transaction Management, or email: [email protected], or telephone: 1-888-868-6856.
About Hercules Capital, Inc.
Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $28 billion to over 700 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing.
Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the “Adviser Subsidiary”), also maintains an asset management business through which it manages investments for external parties (“Adviser Funds”). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940.
Hercules’ common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol “HTGC.” In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY).
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future.
Logitech vstupuje na trh Pro AV s modely Rally Speaker 2 Pro a Max využívajícími technologii Sound Shape; jejich komerční dostupnost plánuje na léto 2027.
Logitech enters Pro AV market with a portfolio of next-generation speakers that feature exclusive Sound Shape audio technologySound Shape technology steers sound into precise listening areasHyper-focused precision speaker enables possibility of two language zones in a single room—a first in the video conferencing industry LAUSANNE, Switzerland & San Jose, Calif.--(BUSINESS WIRE)--Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) debuted Rally Speaker 2 Pro and Rally Speaker 2 Max, audio systems engineered to bring highly-precise sound targeting to extra-large conference rooms and training environments. Rally Speaker 2 Pro and Max house Logitech’s proprietary Sound Shape technology and mark Logitech’s entry into the Pro AV market.
“We’ve replaced the brute-force approach of cranking up room volume with wave-field physics–essentially steering sound waves through open air with surgical precision,” said Karthik Rajagopal, Head of VC Engineering at Logitech.
ShareAcoustics are particularly tricky in high-value spaces such as executive boardrooms and divisible rooms. Ceiling speakers—the usual fix—are costly to install, involve complex wiring, and result in voices coming from unnatural directions while sound waves crash into each other, creating echo and cognitive fatigue. Rally Speaker 2 Pro and Max—speakers at the front of the room only—present a less expensive, simpler way to guarantee uniform sound coverage throughout these spaces.
"Today, we cross the boundary from science fiction into a bold new era of human interaction,” said Karthik Rajagopal, Head of VC Engineering at Logitech. “We’ve replaced the brute-force approach of cranking up room volume with wave-field physics—essentially steering sound waves through open air with surgical precision.”
Here is how the technology in Rally Speakers Pro and Max works:
32 tiny speakers work together: Instead of using two or three standard speakers, the Rally 2 Speaker Pro features a matrix array of 32 micro-drivers in a single front-mounted soundbar. Rally 2 Speaker Max further expands room coverage with 64 drivers.The "flashlight" effect: Standard speakers scatter sound in every direction like an old lantern, bouncing off walls and ceilings. Rally Speaker 2 Pro behaves like a hyper-focused spotlight, shooting precise beams of sound straight where they are needed without bouncing off the walls.Wave control: Rally Speaker 2 Pro uses principles of sound physics that cause waves to line up to boost volume, while simultaneously intentionally canceling each other out in directions that sound shouldn’t go.Even volume everywhere: In a 12-meter (approx. 40-foot) room, standard speakers lose significant volume from front to back. Rally Speaker 2 Pro only loses about the sound level of a human breath, making the volume feel identical whether you sit in the front row or the back row.International Boardrooms of the Future: A Peek at What’s Possible
In an early preview, Logitech showed an exciting multilingual concept in development. Because it targets sound so precisely, a Rally Speaker 2 Max mounted at the front can aim two entirely different audio feeds at opposite sides of the room at the same time—allowing, for example, English speakers on the left and French speakers on the right to hear their respective languages without hearing the other side, without requiring separate speakers distributed across each area. Logitech is working closely with partners to integrate Interpreter in Microsoft Teams meetings and Voice Translator in Zoom Meetings with this technology.
"The international boardroom of the future isn't about finding a single universal dialect—it’s about translation coexisting in the same acoustic space. Sound Shape unlocks big potential for cross-border diplomacy, global M&A negotiations, and multi-regional training environments," Rajagopal added.
Availability
Rally Speaker 2 Pro and Rally Speaker 2 Max can be demoed at Logitech Experience Center in Silicon Valley. Commercial availability is slated for summer 2027.
About Logitech
Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and more of its business products and enterprise solutions at www.logitech.com/business, the company blog, Logitech Business or @LogitechBiz.
Akcie společnosti Marvell Technology v září vzrostly o 24,8 % díky optimismu ohledně infrastruktury pro AI a oznámení 2mn optické technologie pro datová centra zaměřená na AI.
Shares of the semiconductor company Marvell Technology (MRVL -3.52%) jumped 24.8% in September, according to data provided by S&P Global Market Intelligence, as investors grew optimistic about the broader AI infrastructure industry.
Marvell stock has made huge strides over the past year, and comments made by CEO Matt Murphy during the month convinced investors that the good times aren't anywhere near over.
Image source: The Motley Fool.
The semiconductor industry continues risingMarvell stock jumped early in September on news that Nvidia was purchasing the open-source AI model development platform Hugging Face. Marvell didn't have anything to do with the deal specifically, but it is a partner with Nvidia, which took a $2 billion stake in Marvell back in March.
The semiconductor industry is highly intertwined, so major announcements about new deals, partnerships, or acquisitions can easily move other companies' share prices.
Marvell's shares continued their upward trajectory just a few days later after that announcement, when CEO Matt Murphy appeared on CNBC's Mad Money and said his company has earned a lot of trust from its customers.
Murphy said competition in the semiconductor industry was rising, but added that Marvell is the "Switzerland" of the semiconductor industry because it works with everybody.
And Marvell's stock got yet another boost toward the end of the month when the company said in a press release that it would demo an "industry-first 2mn" optical technology for AI data centers.
Management said in a statement that the new tech would "highlight how Marvell continually pushes the envelope of what is possible in optical technology" and achieve new levels of performance and efficiency. Investors latched onto that news and pushed the semiconductor stock higher.
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Marvell stock marches higherMarvell stock is up about 4.5% in the first week of October, continuing its upward trajectory that has led to a 218% rise over the past 12 months.
Marvell continues to benefit from the rapid acceleration of AI infrastructure spending, which is estimated to exceed $1.3 trillion next year -- up from about $750 billion this year.
The boooming AI infrastructure market prompted the company's management to recently raise its fiscal 2031 revenue estimates to $80 billion and its non-GAAP earnings per share estimate to $30, both at the midpoint of guidance. That was especially notable because both estimates are about 50% higher than Wall Street's consensus estimates.
If the company continues on its current path, Marvell shareholders appear to have much more to look forward to.
, /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) will release its third quarter 2026 results before the market opens on Thursday, November 5. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast accessible from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (833) 461-5787 for North American callers and (585) 542-9983 for international callers, both using event ID 536 954 295. A replay of the webcast will be available on the Company's Investor Relations website.
About Wendy's
The Wendy's Company (Nasdaq: WEN) and Wendy's® franchisees employ hundreds of thousands of people across more than 7,000 restaurants worldwide. Founded in 1969, Wendy's is committed to the promise of Fresh Famous Food, Made Right, For You, delivered to customers through its craveable menu including made-to-order square hamburgers using fresh beef*, and fan favorites like the Spicy Chicken Sandwich and nuggets, Baconator®, and the Frosty® dessert. Wendy's supports the Dave Thomas Foundation for Adoption®, established by its founder, which seeks to dramatically increase the number of adoptions of children waiting in North America's foster care system. Learn more about Wendy's at www.wendys.com. For details on franchising, visit www.wendys.com/franchising. Connect with Wendy's on X, Instagram and Facebook.
*Fresh beef available in the contiguous U.S. and Alaska, as well as Canada, Mexico, Puerto Rico, the UK, and other select international markets.
Investor Contact:
Aaron Broholm
Head of Investor Relations
(614) 764-3345; [email protected]
Weatherford získal dvouleté prodloužení rámcových smluv se společností Equinor a bude hlavním dodavatelem systémů pro dokončování vrtů na licencích Statfjord a Oseberg na norském kontinentálním šelfu.
HOUSTON, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced it has been awarded a two-year extension across several strategic frame agreements with Equinor, one of the world's leading energy companies.
Weatherford has also been selected as the primary provider of completion systems for the Statfjord and Oseberg licenses on the Norwegian Continental Shelf, significantly expanding the Company's role in supporting Equinor's offshore development and production operations.
Under the extended agreements, Weatherford will provide its integrated completions portfolio to improve operational efficiency, enhance well performance, and maximize production throughout the life of the well. The award builds on a long-standing collaboration between the two companies and further strengthens Weatherford's leadership position in offshore completions across the North Sea.
Girish Saligram, Weatherford’s President and Chief Executive Officer, commented, “We are pleased to continue expanding our collaboration with Equinor through these agreement extensions and the award of this important completions scope. The award reflects the strength of Weatherford’s differentiated completions portfolio, proven execution in the North Sea, and commitment to delivering safe, reliable, and high-quality operations. By combining innovative technologies with deep technical expertise, we look forward to helping Equinor drive greater efficiency, optimize production, and maximize value across its offshore assets.”
The contract extension and expanded completions scope reinforce Weatherford's commitment to the Norwegian Continental Shelf and reflect the Company's continued investment in innovative technologies that improve well performance, increase operational efficiency, and support safe, reliable offshore operations.
About Weatherford
Weatherford is a global energy services company that helps customers drill smarter, complete wells more effectively, and maximize production across the entire well lifecycle. With a differentiated portfolio of market-leading solutions, integrated technologies, and a broad global customer footprint across six continents, we blend advanced engineering, digital intelligence, and world-class field expertise to reduce risk, improve performance, and maximize the value of customer assets. Together, we elevate every operation, delivering stronger wells, sharper decisions, and better energy for the world. Visit weatherford.com for more information and connect with us on social media.
For Investors:
Luke Lemoine
Weatherford Investor Relations
+1 713-836-7777 [email protected]
Enterprise Products Partners zvýšila čtvrtletní hotovostní distribuci za třetí čtvrtletí 2026 o 2,8 % na 0,56 USD za podíl. Výplata proběhne 13. listopadu 2026 akcionářům evidovaným k 30. říjnu 2026.
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the third quarter of 2026 of $0.56 per unit, or $2.24 per unit on an annualized basis.
This distribution represents a 2.8 percent increase over the distribution declared with respect to the third quarter of 2025. The quarterly distribution will be paid Friday, November 13, 2026, to common unitholders of record as of the close of business Friday, October 30, 2026.
Enterprise repurchased approximately $112 million of its common units during the third quarter of 2026, which brings the total year-to-date repurchases for 2026 to $387 million. Inclusive of these purchases, the partnership has utilized approximately 36 percent of its authorized $5.0 billion buyback program.
Enterprise will announce its earnings for the third quarter of 2026 on Thursday, October 29, 2026, before the New York Stock Exchange opens for trading. Following the announcement, the partnership will host a conference call at 9 a.m. CDT with analysts and investors to discuss earnings. The call will be webcast live on the internet and may be accessed through the “Investors” section of the partnership’s website at www.enterpriseproducts.com. A replay of the webcast will be available following the conference call and may be accessed approximately one hour after completion of the call.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products transportation, storage and marine terminals; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. The partnership’s assets currently include more than 50,000 miles of pipelines; over 300 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products; and 14 billion cubic feet of natural gas storage capacity.
Qualified Notice for Non-U.S. Unitholder Income Tax Withholding
This release is intended to serve as qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d). Brokers and nominees should treat one hundred percent of Enterprise’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Enterprise’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. Nominees, and not Enterprise Products Partners L.P., are treated as withholding agents responsible for any necessary withholding on amounts received by them on behalf of foreign investors.
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Crescent Energy Company (CRGY) Discusses Acquisition of Eagle Ford Assets and Strategic Operational Expansion October 8, 2026 8:00 AM EDT
Company Participants
Reid Gallagher - Investor Relations Executive
David Rockecharlie - CEO & Director
Jerome Hall - Chief Operating Officer
Brandi Kendall - CFO, Investor Relations & Director
John Rynd - Executive Vice President of Investments
Conference Call Participants
Neal Dingmann - William Blair & Company L.L.C., Research Division
Noah Hungness - Wells Fargo Securities, LLC, Research Division
John Abbott - Wolfe Research, LLC
Phillip Jungwirth - BMO Capital Markets Equity Research
Timothy Rezvan - KeyBanc Capital Markets Inc., Research Division
Gabe Daoud - Truist Securities, Inc., Research Division
Hsu-Lei Huang - TPH Research
Charles Meade - Johnson Rice & Company, L.L.C., Research Division
Gregg Brody - BofA Securities, Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to the Crescent Energy Conference Call. [Operator Instructions]
I will now hand the conference over to Reid Gallagher, Investor Relations. Reid, please go ahead.
Reid Gallagher
Investor Relations Executive
Thank you, operator, and good morning, everyone. We appreciate you joining us to discuss Crescent's announced acquisition. With me today are our CEO, David Rockecharlie; our COO, Joey Hall; and our CFO, Brandi Kendall. Our Executive Vice President of Investments, Clay Rynd, will also be available during Q&A. A replay of today's call will be available by webcast and accessible from our website.
Please note that the information reported on this call speaks only as of today, October 8, 2026, and therefore, time-sensitive information may no longer be accurate as of the time of the replay listening or transcript reading. In addition, the comments made by management during this conference call may contain forward-looking statements within the meaning of the United States federal securities laws. These forward-looking statements reflect the current views of Crescent's management. However, various risks, uncertainties and contingencies could cause our actual results, performance or achievements to
The combination expands Premiere Digital's expertise and offerings to the media and entertainment industry while Amdocs focuses on its core agentic strategy, led by aOS
, /PRNewswire/ -- Premiere Digital, a leading media services and technology solutions provider, and Amdocs (NASDAQ: DOX), a leading provider of software and services to communications companies, today announced that Premiere Digital has acquired Amdocs' Vubiquity, a global technology-led solutions, media supply chain and content licensing provider for the media and entertainment industry.
The expertise and offerings of Premiere Digital and Vubiquity are both rooted in enterprise class technology-led solutions for Studios, Streamers, Digital Platforms and Broadcasters. This acquisition combines Premiere Digital's expertise and scale in content mastering, digital distribution and AI-driven solutions, with Vubiquity's leadership in media supply chain and content licensing, creating the leading global digital distribution provider to the media and entertainment industry.
"Vubiquity is a natural strategic fit for Premiere Digital, bringing its industry leading supply chain, licensing and monetization capabilities that complement our scale and technical fulfillment strengths," said Mark Lazar, Chief Executive Officer of Premiere Digital. "Together, we are creating a leading global distribution provider to the media and entertainment industry, with the experience, operations, technology and scale to support customers across more of the content value chain. We look forward to investing in the combined organization, particularly in AI-driven workflows that enable customers to operate more efficiently and unlock greater value in their new release and library content."
"We believe Vubiquity with its exceptional technology, capabilities, and people has found the right home in Premiere Digital," said Shimie Hortig, President and Chief Executive Officer of Amdocs Management Limited. "For Amdocs, the divestiture of our media asset sharpens our focus on executing our new agentic strategy, led by Amdocs aOS. We wish Vubiquity and its amazing team every success in its exciting next chapter."
The transaction closed October 8, 2026. Financial terms of the transaction were not disclosed.
About Premiere Digital
Premiere Digital is a post-production, media services, digital distribution and technology solutions company based in Los Angeles, CA, Stamford, CT and Bangalore, India. Premiere is a leader in AI-driven and cloud-based workflows providing content optimization and distribution solutions for clients in the Media and Entertainment industry. Additional information on Premiere can be found at https://www.premieredigital.com/
Media Contact
Whit Clay
Longacre Square Partners
[email protected]
About Amdocs
Amdocs helps the world's leading communications companies deliver exceptional customer experiences through reliable, efficient, and secure operations at scale. We provide software products and services that embed intelligence into how work runs across business, IT, and network domains – delivering measurable outcomes in customer experience, network performance, cloud modernization, and revenue growth. With our talented people, and more than 40 years of experience running mission-critical systems around the globe, Amdocs runs billions of transactions daily. Our technology is relied on every day, connecting people worldwide and advancing a more inclusive, connected world. Together, we help those who shape the future to make it amazing. Amdocs is listed on the NASDAQ Global Select Market (NASDAQ: DOX) and reported revenue of $4.53 billion in fiscal 2025. For more information, visit www.Amdocs.com.
Amdocs' Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters and years. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general macroeconomic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other regional events or pandemics, changes to trade policies including tariffs and trade restrictions, as well as the current inflationary environment, and the effects of these conditions on the Company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the Company's customers, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, security incidents, including breaches and cyberattacks to our systems and networks and those of our partners or customers, potential loss of a major customer, our ability to develop long-term relationships with our customers, our ability to successfully and effectively implement artificial intelligence and Generative AI in the Company's offerings and operations, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2025, filed on December 15, 2025, for the first quarter of fiscal 2026 on February 17, 2026, for the second quarter of fiscal 2026 on May 26, 2026 and for the third quarter of fiscal 2026 on August 18, 2026.
Media Contact:
Joanne Frankel
Head of Communications
[email protected]
, /PRNewswire/ --FS KKR Capital Corp. (NYSE: FSK) ("FSK" or the "Company") announced today that its board of directors has declared (i) a fourth quarter 2026 distribution on shares of the Company's common stock of $0.44 per share and (ii) a special distribution on shares of the Company's common stock of $0.20 per share, which represents a portion of the Company's estimated undistributed taxable income. FSK also announced that it will host its third quarter 2026 results conference call via live webcast on Thursday, November 5, 2026 at 9:00 a.m. (Eastern Time) and that the Company plans to release its third quarter 2026 results before the opening of trading on the New York Stock Exchange on Thursday, November 5, 2026.
Declaration of Fourth Quarter 2026 Common Stock Distribution
On October 7, 2026, FSK's board of directors declared a distribution for the fourth quarter of $0.44 per share of common stock, which will be paid on or about December 24, 2026 to common stockholders of record as of the close of business on December 16, 2026.
The Company's regular quarterly distribution is based on management's current estimates and expectations regarding the Company's financial results for the quarter ended September 30, 2026. The Company's actual GAAP net investment income for the quarter remains subject to the completion of customary quarter-end closing procedures and the finalization of its financial statements and, as a result, actual GAAP net investment income may differ from current expectations. Accordingly, the declared distribution should not be viewed as a projection, forecast or guarantee of the Company's financial results for the quarter ended September 30, 2026.
Declaration of Special Common Stock Distribution
On October 7, 2026, FSK's board of directors declared a special distribution of $0.20 per share of common stock, which will be paid on or about December 15, 2026 to common stockholders of record as of the close of business on December 1, 2026.
The special distribution amount represents a portion of the Company's estimated accumulated spillback income and is intended to distribute additional taxable income to shareholders in connection with the Company's maintenance of its treatment as a regulated investment company under the Internal Revenue Code of 1986, as amended.
Conference Call Information
FSK will host its third quarter 2026 results conference call via live webcast on Thursday, November 5, 2026 at 9:00 a.m. (Eastern Time). All interested parties are welcome to participate and can access the live webcast from the For Investors section of FSK's website at www.fskkrcapitalcorp.com under Events & Presentations or through the following URL: https://edge.media-server.com/mmc/p/upuop9i6.
Research analysts who wish to participate in the conference call are requested to register a day in advance or at a minimum 15 minutes before the start of the call using the following URL: https://register-conf.media-server.com/register/BI0d946f0340f2498081d26dfdacd11fc1. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique PIN number that can be used to access the call.
An investor presentation of financial information will be available by visiting the For Investors section of FSK's website, under Events & Presentations before the market open on Thursday, November 5, 2026.
A replay of the call will be available beginning shortly after the end of the call by visiting the For Investors section of FSK's website, under Events & Presentations.
About FS KKR Capital Corp.
FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. FSK is advised by FS/KKR Advisor, LLC. For more information, please visit www.fskkrcapitalcorp.com.
About FS/KKR Advisor, LLC
FS/KKR Advisor, LLC (FS/KKR) is a partnership between Future Standard and KKR Credit that serves as the investment adviser to FSK and other business development companies.
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and over $94 billion in assets under management, we back the business owners and financial sponsors that drive growth and innovation across the middle market, transforming untapped potential into durable value.1
KKR Credit is a subsidiary of KKR & Co. Inc., a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com.
Forward-Looking Statements and Important Disclosure Notice
This communication contains certain forward-looking statements that are not historical facts, including, without limitation, statements with regard to future events or our future performance or financial condition, distribution levels and frequency, expectations for net investment income levels in future quarters, and the financial position, business strategy and plans and objectives of management for FSK's future operations. Words such as "anticipate," "believe," "expect," "intend," "project," and "future" or similar expressions indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are not guarantees of performance or events and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause our actual results or future events to differ materially from those expressed or forecasted in the forward-looking statements for any reason, including those factors set forth in "Item 1A. Risk Factors" in our Annual Report on Form 10-K and subsequent filings. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results or events to differ materially from those projected in these forward-looking statements. Factors that could cause actual results or events to differ materially include, without limitation, changes in the economy, geo-political risks, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, natural disasters or pandemics, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. The forward-looking statements included in this communication are based on information available as of the date hereof and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Except as required by the federal securities laws, FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on these forward-looking statements.
Certain Information About Distributions
The determination of the tax attributes of FSK's distributions is made annually as of the end of its fiscal year based upon its taxable income and distributions paid, in each case, for the full year. Therefore, a determination as to the tax attributes of the distributions made on a quarterly basis may not be representative of the actual tax attributes for a full year. FSK intends to update stockholders quarterly with an estimated percentage of its distributions that resulted from taxable ordinary income. The actual tax characteristics of distributions to stockholders will be reported to stockholders annually on Form 1099-DIV.
The timing and amount of any future distributions on FSK's shares of common stock are subject to applicable legal restrictions and the sole discretion of its board of directors. There can be no assurance as to the amount or timing of any such future distributions.
FSK may fund its distributions to stockholders from any sources of funds legally available to it, including net investment income from operations, capital gains proceeds from the sale of assets, non-capital gains proceeds from the sale of assets, dividends or other distributions paid to it on account of preferred and common equity investments in portfolio companies, proceeds from the sale of shares of FSK's common stock and borrowings. FSK has not established limits on the amount of funds it may use from available sources to make distributions. In addition, portions of our distributions may be funded indirectly through the waiver of certain investment advisory fees by our investment adviser. Any distributions funded through waivers of investment advisory fees will not be based on our investment performance and can only be sustained if we achieve positive investment performance in future periods and/or our investment adviser and its affiliates continue to make such reimbursements or waivers of such fees. There can be no assurance that FSK will be able to pay distributions at a specific rate or at all.
Endnotes
1.
Total AUM estimated as of June 30, 2026. References to "assets under management" or "AUM" represent the assets managed by Future Standard or its strategic partners as to which Future Standard is entitled to receive a fee or carried interest (either currently or upon deployment of capital) and general partner capital. Future Standard calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of Future Standard's investment funds; (ii) uncalled investor capital commitments to these funds, including uncalled investor capital commitments from which Future Standard is currently not earning management fees or carried interest; (iii) the value of outstanding CLOs; (iv) the fair value of FS KKR Capital Corp. joint venture (JV) assets and (v) the fair value of other assets managed by Future Standard. Future Standard's calculation of AUM may differ from the calculations of other asset managers and, as a result, Future Standard's measurements of its AUM may not be comparable to similar measures presented by other asset managers. Future Standard's definition of AUM is not based on any definition of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated pursuant to any regulatory definitions.
Contact Information:
Investor Relations
Anna Kleinhenn
[email protected]
Future Standard Media Team
Marc Hazelton
[email protected]
LAS VEGAS--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2026, after the U.S. markets close on Thursday, November 5, 2026.
MP Materials’ management will host a conference call and webcast that afternoon at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Prior to the conference call and webcast, MP Materials will issue a press release and post a slide presentation at https://investors.mpmaterials.com/.
Conference Call Details
Event: MP Materials Q3 2026 Financial Results Conference Call and Webcast
Date: Thursday, November 5, 2026
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Webcast: https://investors.mpmaterials.com/
Replay: A webcast replay will be available approximately one hour after the call has concluded.
About MP Materials
MP Materials (NYSE: MP) is America’s only fully integrated rare earth producer with capabilities spanning the entire supply chain—from mining and processing to advanced metallization and magnet manufacturing. We extract and refine materials from one of the world’s richest rare earth deposits in California and manufacture the world’s strongest and most efficient permanent magnets. Our products enable innovation across critical sectors of the modern economy, including transportation, energy, robotics, defense, and aerospace.
More information is available at https://mpmaterials.com/.
Join the MP Materials community on X, YouTube and LinkedIn.
Nearly 2,000 Mortgage Lenders Implementing Modern, Alternative Data-Driven Scoring Model; Equifax Extends $1 VantageScore 4.0 Pricing through the End of 2028 to Drive Industry Adoption, Homeownership Affordability, and Cost Savings
Nearly 2,000 mortgage lenders and resellers are taking advantage of the Equifax offer of free VantageScore® 4.0 credit scores with paid legacy scores, and more than 165 lenders are exclusively using VantageScore 4.0 at the $1 price for certain types of loans. Equifax maintains $1 VantageScore 4.0 mortgage credit score pricing through the end of 2028 to expand industry adoption, reduce loan acquisition costs, and drive potential $1 billion in industry cost savings. Equifax continues to enhance the value of mortgage solutions by delivering The Work Number® Report Indicator and additional alternative data including telco, pay TV and utilities attributes alongside the Equifax mortgage credit report at no additional cost. , /PRNewswire/ -- Equifax® (NYSE: EFX) today announced a significant milestone in mortgage scoring modernization, with nearly 2,000 lenders taking advantage of free VantageScore® 4.0 credit scores with paid legacy scores from April 2026 through September 2026, including a 230% increase in VantageScore 4.0 credit scores pulled between April 2026 and August 2026 for mortgages. This accelerated mortgage lender adoption follows Federal Housing Finance Agency (FHFA) approval of VantageScore 4.0 for use in Fannie Mae and Freddie Mac mortgages. Mortgage lenders are rapidly embracing this modern scoring model and Fair Credit Reporting Act (FCRA) governed alternative data not included in traditional credit reports to expand access to credit and drive housing affordability for millions of Americans.
"Our AI technology helps borrowers see their best loan options in minutes. With lenders now able to choose their credit score model, we added VantageScore 4.0 as one of the scoring models we use, giving us more flexibility in how we evaluate applicants, while keeping the experience quick and easy," said Magesh Sarma, Chief Operating Officer, AmeriSave Mortgage Corporation.
Equifax is maintaining $1 VantageScore 4.0 mortgage credit score pricing through the end of 2028 to expand adoption, reduce loan acquisition costs, and drive a potential $1 billion in cost savings for the industry and consumers from the cost difference among score providers.
"The landmark decision by FHFA Director William Pulte and Housing and Urban Development Secretary Scott Turner to open VantageScore 4.0 for use across both conventional and FHA-insured loans has advanced homebuying into a new era of credit scoring competition that drives greater performance and cost savings for both lenders and consumers," said Mark W. Begor, CEO of Equifax. "We are seeing strong momentum across the mortgage sector as lenders rapidly adopt VantageScore 4.0 to drive better decisioning and expand access to credit."
More data drives better decisions
VantageScore 4.0 utilizes up to 24 months of trended data and incorporates alternative data, such as rental, utility, and telco payment histories, providing lenders with a more comprehensive view of borrower creditworthiness without adding additional risk. The model provides deeper financial insights that can deliver a 20% lift in originations and generate credit scores for consumers with thin credit files.
"The strong industry adoption has been driven by years of preparation by our teams to ensure that VantageScore 4.0 could be accessible to all lenders, allowing them to effectively test and evaluate the score through their processes," said Joel Rickman, General Manager and SVP of U.S. Mortgage and Verification Services at Equifax. "Equifax is deeply committed to supporting the mortgage industry and the consumers we serve, especially as we navigate the most difficult mortgage market in decades. We view our role in expanding homeownership as a vital responsibility while delivering significant savings to consumers and the mortgage industry."
Equifax remains the only Nationwide Consumer Reporting Agency to provide alternative data insights - such as payment histories for telco, pay TV, and utilities - alongside tri-merge consumer credit reports for the mortgage market at no additional cost to lenders. Equifax also empowers lenders with early access to an employment indicator through its suite of The Work Number® Report Indicator solutions at no additional cost including:
The Work Number® Report Indicator for Mortgage: Streamlines underwriting workflows by providing an indicator of whether data from The Work Number is available on the applicant For more information about Equifax mortgage solutions and VantageScore 4.0, please visit our website.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION:
Tiffany Smith for Equifax
[email protected]
Společnost Equifax spustila službu Mortgage Score Select, která věřitelům umožňuje vybrat si skóre pro hypoteční úvěrový spis a do 24 hodin si jej znovu vyžádat za 1 USD plus cenu zvoleného hypotečního skóre, případně bez skóre.
Solution drives cost efficiency and flexibility to mortgage lenders and brokers in new era of mortgage credit score choice
In a new era of mortgage credit score choice, Equifax is providing lenders the flexibility to choose which score goes on the file, while driving cost savings and operational efficiency. Equifax Mortgage Score Select™ gives lenders and brokers the flexibility to pull an Equifax mortgage credit file with a selected score, or without a score, during loan origination; and repull the mortgage credit file within 24 hours for just $1 with a selected score or no score. The new solution positions lenders ahead of the January 1, 2027, FHA acceptance of VantageScore® 4.0. , /PRNewswire/ -- Equifax® (NYSE: EFX) is providing mortgage lenders and brokers with greater flexibility and cost efficiency during loan origination, and helping them to prepare for the acceptance of new credit scores, with the release of Equifax Mortgage Score Select™. This new offering enables the mortgage industry to pull an Equifax mortgage credit file without a credit score or with the credit score they select for their mortgage banking needs, whether that score is VantageScore® 4.0, Classic FICO®, or FICO® Score 10T when it is approved. If the lender or broker wants a second look at the mortgage credit file after the initial pull, they are able to pull the Equifax mortgage credit file again within 24 hours for just $1, along with the cost of their selected mortgage credit score or without a mortgage credit score.
"We are committed to working closely with mortgage lenders to provide them with the tools and resources they need to operate more efficiently," said Joel Rickman, General Manager & SVP, U.S. Mortgage and Verification Services. "With Equifax Mortgage Score Select, we are helping lenders and brokers achieve two key objectives: cost-effectively gaining access to more data to support lending decisions and qualifying more borrowers based on those expanded data sets."
Additionally, use of Equifax Mortgage Score Select proactively positions lenders in anticipation of the Federal Housing Administration's (FHA) acceptance of VantageScore 4.0 for eligible mortgage loans, effective January 1, 2027, while already meeting current secondary market requirements of certain investors regarding use of score.
With Equifax Mortgage Score Select, each mortgage credit file can have a single accompanying credit score, so lenders know exactly which score applies to the file in front of them. Because the Equifax credit file works with any score, the score utilized is the lender's choice.
As the mortgage industry moves toward a multi-score future, Equifax will continue to give lenders and brokers the flexibility to choose the scores that fit their business, with the same trusted credit file behind every decision. To learn more, visit Equifax.com.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION:
Tiffany Smith for Equifax
[email protected]
Společnost Fulcrum Therapeutics ukončila vývoj pocirediru poté, co FDA neshledal schůdnou regulační cestu; akcie FULC 2. června klesly o 51,09 % na 3,14 USD.
New York, New York--(Newsfile Corp. - October 8, 2026) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Fulcrum Therapeutics, Inc. ("Fulcrum Therapeutics" or the "Company") (NASDAQ: FULC).
CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION
If you are a Fulcrum Therapeutics investor and have suffered losses, or if you have information that could assist in the Fulcrum Therapeutics investigation, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (212) 329-8571.
Fulcrum Therapeutics is a "clinical-stage biopharmaceutical company focused on developing small molecules to improve the lives of patients with rare hematological disorders[.]"
On June 1, 2026, after market close, Fulcrum Therapeutics announced in a press release "the discontinuation of its pociredir program for the treatment of SCD [(sickle cell disease).]" The Company stated that the "meeting minutes from recent end-of-phase interactions with the [U.S. Food and Drug Administration ("FDA")]" "reflected heightened FDA concerns regarding pociredir's benefit-risk profile in SCD, stemming from an unexpectedly high rate of secondary hematologic malignancies observed with Tazverik® (tazemetostat), another PRC2 inhibitor, which was withdrawn from the global market in March 2026." After submitting further information, the FDA "concluded that any pharmacological intervention targeting the PRC2 complex carries equivalent malignancy risk regardless of the specific subunit engaged." As a result, the Company has "no viable regulatory path forward for further clinical development of pociredir."
Following this news, the price of Fulcrum Therapeutics stock declined from a closing price on June 1, 2026 of $6.42 per share to close at $3.14 per share on June 2, 2026, a decline of $3.28 per share, or by 51.09%.
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Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
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Key Takeaways IREN shares fell 7.3% in 3 months despite AI cloud growth, expanding contracts and infrastructure progress.IREN secured $4 billion in contracted ARR, while Microsoft deployments support its AI cloud expansion.IREN's 3.61X forward P/S trails peers, but $25B-$30B in fiscal 2027 capex and ongoing losses pose risks. IREN Limited (IREN - Free Report) is undergoing a major business transformation. Once known primarily for Bitcoin mining, the company is developing an artificial intelligence (AI) cloud platform combining data centers, graphics processing units (GPUs) and software services. Growing demand for AI computing infrastructure offers significant opportunities, although the transition requires substantial investment and operational discipline.
IREN shares have declined approximately 7.3% over the past three months, despite progress in securing customer contracts and expanding infrastructure. Industry peers TeraWulf (WULF - Free Report) and Cipher Digital (CIFR - Free Report) have experienced steeper declines, reflecting investor concerns about capital-intensive AI infrastructure development and near-term profitability.
However, IREN's last reported financial results highlighted both opportunities and challenges. While AI cloud revenues are expanding, the company continues to reduce Bitcoin mining operations, affecting overall performance. With several major deployments approaching completion, investors are assessing whether growing contracted revenues can translate into sustainable earnings and cash flows.
Image Source: Zacks Investment Research
IREN's AI Cloud Business Gains MomentumIREN reported fiscal 2026 revenues of $707 million, up 41.1% year over year. AI Cloud Services revenues surged to $128.8 million from $16.4 million, while Bitcoin mining contributed $578.2 million. In the fourth quarter, AI cloud revenues more than doubled sequentially to $70.5 million, partially offsetting declining mining revenues.
More importantly, IREN announced $4 billion in contracted annualized run-rate revenue (ARR) for its 2026 capacity, with $1 billion operational as of late August. However, ARR represents annualized contracted activity rather than recognized revenues. Converting the remaining contracts into reported sales depends on successful GPU deployment and customer acceptance.
The company has strengthened its customer portfolio through multiyear agreements with AI developers, including Cohere, Perplexity and Figure AI. Recent three-year contracts generated more than $20 million in revenue per IT megawatt, supporting improved pricing and potentially attractive investment returns.
Infrastructure Expansion Strengthens IREN's Growth ProspectsIREN delivered its first 50-megawatt Horizon deployment to Microsoft in August. Three additional phases are scheduled for delivery during the fourth quarter of calendar 2026. Management targets approximately 300 megawatts of cumulative IT capacity in 2026, increasing to 800 megawatts in 2027.
Meanwhile, the conditional inclusion of its 2-gigawatt Sweetwater hub in ERCOT's Batch Zero process represents another development milestone, although regulatory approvals remain pending.
Like TeraWulf and Cipher Digital, IREN is leveraging access to electricity and existing infrastructure to serve growing AI computing requirements. However, IREN's integrated cloud and software offerings provide additional revenue opportunities beyond the more leasing-focused businesses of TeraWulf and Cipher Digital.
IREN's Attractive Valuation Offset by Heavy Capital SpendingIREN's expansion comes with substantial financial commitments. Management expects fiscal 2027 capital expenditures of $25-$30 billion, supported by approximately $14 billion in existing cash, committed GPU financing and customer prepayments. The company is targeting another $8 billion in GPU financing and prepayments. However, additional funding requirements could increase leverage or shareholder dilution.
Profitability also remains under pressure. IREN reported a fourth-quarter fiscal 2026 net loss of $684 million, largely driven by noncash impairment charges associated with retiring Bitcoin mining equipment. Rising operating expenses and financing costs could further weigh on near-term profitability. Estimates for IREN’s fiscal 2027 and 2028 earnings have also been revised downward in the past 30 days.
Image Source: Zacks Investment Research
From a valuation standpoint, IREN appears relatively attractive compared with industry peers. Its forward 12-month price-to-sales (P/S) ratio of 3.61X is below TeraWulf's 9.89X and Cipher Digital's 9.06X. This discount suggests potential upside as IREN expands its AI cloud operations and converts contracted revenues into actual sales. Nevertheless, substantial capital requirements and execution risks could limit near-term gains.
Valuation
Image Source: Zacks Investment Research
What Should Investors Do With IREN Stock Now?IREN's contracted AI cloud revenues, expanding customer relationships and progress on Microsoft deployments support its longer-term growth prospects. Its share-price decline has also been less severe than those of TeraWulf and Cipher Digital, suggesting some relative resilience.
Nevertheless, substantial capital requirements, ongoing losses and execution risks warrant caution. The gap between contracted ARR and recognized revenues remains significant, making upcoming deployment milestones particularly important. Investors already holding the stock may consider maintaining their exposure while monitoring funding arrangements, operating margins and revenue conversion. Greater clarity on cash generation and the profitability of new AI cloud deployments would provide a stronger basis for taking a more positive stance.
At present, IREN carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent trading sessions continue to present a challenging environment for the euro in the short term. This can be seen in the performance of EUR/USD, which has declined by approximately 0.5%, reflecting another loss of ground for the European currency and highlighting the continued strength of the U.S. dollar.
For now, selling pressure remains supported by two key factors. On one side, the dollar continues to display resilience across recent trading sessions. On the other, growing concerns surrounding France's fiscal situation are beginning to attract more attention, creating a broader sense of caution across the eurozone. As long as these factors remain in place, selling pressure around EUR/USD could continue to play an important role in the sessions ahead.
Is a Debt Problem Emerging in France?
Over recent weeks, concerns surrounding France's fiscal position have become increasingly evident. The country's fiscal deficit currently stands near 5.4% of GDP, a level that reflects government spending continuing to outpace revenues and that remains well above the European Union's 3.0% fiscal deficit threshold.
At the same time, public debt has already surpassed €3.6 trillion, representing more than 100% of GDP and marking a significant increase compared with previous years. These figures have raised concerns because they point to a fiscal trajectory that is becoming increasingly challenging for one of the eurozone's largest economies.
This situation is also being reflected in the bond market. French government bonds have begun offering significantly higher yields relative to safer markets such as Germany. Currently, 10-year French government bonds yield around 4.8%, while equivalent German bonds remain near 3.4%.
The widening spread is particularly important because it shows that investors are demanding a growing risk premium to maintain exposure to French debt. In other words, markets are perceiving a higher level of risk than they did months ago and require greater compensation to justify holding French government bonds. Furthermore, this dynamic could become an additional challenge for public finances, as persistently higher borrowing costs increase debt-servicing expenses and make fiscal stabilization more difficult.
Source: TradingEconomics
This situation extends beyond France itself. It is also beginning to create concerns about the broader financial stability of the eurozone by increasing fears of potential financial fragmentation within the bloc.
As a result, some investors may begin reducing exposure to euro-denominated assets due to a higher perception of risk surrounding one of the region's largest economies. This could encourage a shift toward markets viewed as more stable and limit the euro's ability to attract consistent demand. If concerns surrounding France's fiscal outlook continue to intensify, confidence in the common currency could deteriorate further and continue supporting downside pressure on EUR/USD.
Is the Dollar Still a Threat?
It is also important to monitor the dynamics surrounding the U.S. dollar. Following the release of the latest Federal Reserve minutes, markets continue to expect that another rate hike could take place before the end of 2026.
This outlook continues to support the relative attractiveness of dollar-denominated assets and helps explain the resilience that the U.S. currency has maintained in the short term. The situation can be observed through the DXY, the index that measures the dollar's performance against its major counterparts, which continues to trade around the 102-point area, highlighting that demand for the dollar remains relatively stable.
Source: TradingEconomics
This dynamic remains important because it limits the euro's ability to recover. As long as the dollar continues benefiting from relatively supportive U.S. monetary policy expectations and maintains its current strength, EUR/USD may continue facing difficulties in regaining momentum during the coming sessions.
EUR/USD Technical Forecast
Source: StoneX, Tradingview
The major bearish trendline is regaining relevance: Since January 2026, a long-term bearish trendline has been developing on the EUR/USD daily chart. Although this technical structure lost some relevance during the more neutral market conditions seen in previous months, the recent weakness in the euro has begun to restore the importance of the bearish bias. As long as this dynamic remains in place, the downtrend could continue developing as the dominant technical structure in the weeks ahead.
MACD: The MACD histogram continues to trade below the 0 neutral line, a reading that suggests short-term moving-average momentum remains tilted to the downside. As long as this condition persists, selling pressure could continue dominating price action.
RSI: A similar picture can be observed in the RSI, which remains below the 50 neutral level, reinforcing the relevance of bearish momentum across the market. However, it is also important to note that the indicator is already trading below the 30 oversold threshold, a situation that could signal excessive selling pressure and create room for short-term corrective rebounds.
Key Levels:
1.13703 – Key Resistance: This level coincides with an important support zone that was broken in recent weeks and now acts as the most relevant upside barrier on the chart. Price action returning toward this area could begin to weaken the recent bearish momentum and support a more neutral trading environment.
1.12602 – Near-Term Barrier: A level that aligns with an important retracement zone observed over recent weeks and could become the primary reference to monitor in the event of short-term bullish corrections.
1.11275 – Major Support: A level not seen since May 2025 that remains the most important downside reference on the chart. Sustained moves toward this zone could reinforce the dominant bearish bias and open the door to a more aggressive extension of the current downtrend in the weeks ahead.
Written by Julian Pineda, CFA, CMT – Market Analyst
Analytik Dan Ives odhaduje, že strategie v oblasti AI může zvýšit ocenění Applu o zhruba 75 USD na akcii a postupně představovat více než 15 % tržeb divize Služby.
Dan Ives sees AI driving a new iPhone upgrade cycle while creating another source of growth for Apple's services business. Summary
He sees AI eventually contributing more than 15% of Services revenue.
Apple Inc. (AAPL, Financials), the consumer technology company, could get much more from artificial intelligence than a collection of new software features if Dan Ives is right.
The analyst estimates Apple's AI strategy could eventually add about $75 per share to the company's valuation as the technology encourages customers to upgrade devices and spend more on services.
Ives, who has an Outperform rating and $400 price target on Apple, believes AI can connect the company's hardware, software and services more closely. He estimates AI-related revenue could eventually represent more than 15% of Services revenue.
The installed base makes that argument particularly important.
Ives estimates roughly 375 million iPhones have not been upgraded in more than four years. He expects the iPhone 18 cycle to help unlock some of that pent-up demand over the coming quarters.
A foldable iPhone could provide another catalyst. Ives expects the rumored iPhone Duo to sell about 10 million units over its first few quarters.
The bigger question for investors is whether Apple can turn its enormous device base into an AI distribution advantage. Privacy and on-device processing could differentiate its approach, while new applications in health, fitness, finance and gaming could expand monetization.
Apple shares were up about 0.6% Thursday.
The next catalyst comes with Apple's expected Oct. 13 smart-home event, which could offer another look at how the company plans to extend its ecosystem.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
An Apple logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
CompaniesOct 8 (Reuters) - Apple (AAPL.O), opens new tab appointed insider Steve Smith as head of mergers and acquisitions, while moving Adrian Perica to its services division, according to a memo seen by Reuters on Thursday.
Perica, a more than 17-year veteran of Apple's M&A and corporate development function, also took oversight of iCloud, Fitness+ and News, among other businesses, in 2023, the memo written by services chief Eddy Cue said.
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Perica will now dedicate his efforts entirely to the services leadership team and report to Cue, the memo said
Apple did not immediately respond to a Reuters request for comment on the move, which marks one of the latest management shifts under new CEO John Ternus
"We have big plans for services and I'm thrilled to be getting more of Adrian's time," Cue wrote in the memo
Smith will report to Chief Financial Officer Kevan Parekh, the memo said
The company is also promoting Carson Oliver to vice president of the App Store, according to Bloomberg News, which first reported the development earlier in the day
Shares of Apple were up about 1.4% on Thursday
Adds shares
Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar
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Citi před zveřejněním výsledků za čtvrté fiskální čtvrtletí potvrdila doporučení ke koupi akcií Apple a cílovou cenu 365 USD, což implikuje růstový potenciál 8,4 %.
The maintained target offers about 8% upside while fourth-quarter results must validate the iPhone 18 cycle. Summary
A bullish rating did not meaningfully reset expectations.
Apple AAPL, the consumer-device and services giant, stay flat at $336.61 as of approximately 10:39 a.m. ET on October 8. Citi reiterated its Buy rating and $365 price target ahead of fiscal fourth-quarter earnings, according to StreetInsider. That leaves roughly 8.4% upside. A vote of confidence, but no higher target to lift the bar.
The earnings test comes down to how much growth Apple can sustain. The company reported fiscal third-quarter revenue of $109.4 billion, a 16% increase from a year earlier. Gross margin reached 50.1%, with tariff refunds adding about two percentage points. Strip out that benefit, and the margin was approximately 48.1%. Investors need to separate repeatable operating strength from a temporary boost.
The valuation picture shows shares trading 16.87% above the $288.02 GF Value estimate, leaving less room for earnings disappointment. Apple also trades near 39 times trailing earnings, a demanding multiple even for this business. Citi's unchanged target supports the bullish case. Now iPhone demand, Services growth and margins must deliver the numbers to back it up.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Donald Trump v srpnu zveřejnil nákup akcií Meta Platforms (META) v hodnotě 5 až 25 milionů USD; portfolio však nezávisle spravují externí finanční instituce.
The filing reveals a sizable move into a tech giant. Summary
The disclosure shows a $5 million to $25 million Meta purchase.
President Donald Trump's latest financial disclosure shows a purchase of between $5 million and $25 million of Meta Platforms META stock in August, making it the largest disclosed buy for the month. The filing adds another high-profile investor name around Meta, although the White House says Trump's portfolio is independently managed by outside financial institutions rather than directed by the president himself.
The August disclosure included more than 500 securities transactions, according to reports. Trump also disclosed an investment of as much as $5 million in SpaceX debt, while total transactions during the period were valued between roughly $74 million and $273 million.
The Meta purchase was executed on August 21 and fell within the disclosure range of $5 million to $25 million. Other purchases valued between $1 million and $5 million included AT&T, ConocoPhillips, Netflix and Chevron.
Trump also reported sales in several companies, including between $1 million and $5 million each of AMD and Church & Dwight, alongside smaller sales of Boeing, Home Depot and Dell.
The disclosure is particularly notable because Meta remains heavily exposed to U.S. policy decisions around artificial intelligence, online safety, competition and technology regulation.
Still, the filing should not necessarily be interpreted as Trump personally making a bullish call on Meta. A White House spokesperson told Reuters that third-party financial institutions independently manage the president's portfolio and seek to replicate recognized indexes such as the Schwab 1000. The White House said investment decisions are made by independent managers.
Investor takeawayFor Meta investors, the transaction itself is more notable for its size and visibility than for its fundamental impact.
The company's investment case continues to depend primarily on advertising growth, engagement, AI monetization and returns on heavy infrastructure spending.
Investors should also distinguish between disclosed ownership activity and an intentional stock recommendation from Trump. Because the portfolio is independently managed, the Meta purchase does not necessarily indicate a personal investment thesis.
The more important catalysts remain Meta's earnings trajectory, AI capital expenditures and regulatory developments that could materially affect its platforms or advertising business.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Meta Platforms plánuje nativní aplikaci osobního agenta Muse pro Windows, která bude využívat bezpečnostní kontejnery Microsoftu; termín spuštění, cena ani očekávaný počet uživatelů nejsou známy.
Microsoft's containment technology expands Muse beyond mobile devices, but no Windows release date was disclosed. Summary
Windows expands Muse distribution before Meta proves monetization or user trust.
Meta Platforms META, the social-media and personal-AI company, secured another route to users through a planned native Windows app for its Muse personal agent. Shares were roughly flat, at $721.475 at 11.04am EST on October 8. The opportunity is straightforward: put Muse on the desktop, where users already spend time working. Getting them to keep using it is the harder part.
Microsoft's Windows announcement says Muse will integrate with Microsoft Execution Containers, which enforce limits on the files and networks agents can access. That gives Meta a framework for offering an agent that can act while keeping its permissions bounded. But “coming soon” leaves plenty unanswered. The announcement provides no firm launch date, pricing or expected user count. A distribution channel is taking shape; the commercial payoff remains unproven.
The valuation snapshot puts Meta 16.39% below its $862.86 GF Value estimate, suggesting a valuation cushion rather than guaranteed upside. Muse could broaden Meta's reach beyond its social apps, but desktop availability alone will not establish a profitable business. Investors need repeat usage, reliably completed tasks and a credible route to revenue. Permission controls can help build trust. Whether users return—and whether Meta earns money when they do—will determine how much this expansion matters.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Tesla must spend over $16.7 billion during 2026's second half to clear its disclosed capital target. Summary
A bigger AI checkbook raises the price of silence around Optimus milestones.
Tesla Inc. TSLA, the electric-vehicle and physical-AI developer, drew fresh scrutiny over Optimus's commercial progress, with shares down approximately 1.4% to $372.721 at 10.30 EST on Oct. 8. Barron's highlighted the limited operating evidence available as rival robotics programs advance. The valuation picture adds pressure: shares sit 11.14% above the $335.37 GF Value estimate, leaving a premium that future execution must justify.
The spending bill is already substantial. Tesla's SEC filing puts expected 2026 capital expenditures above $25 billion, spanning AI computing, data centers, manufacturing capacity and AI-enabled assets. With $8.28 billion spent in the first half, clearing that forecast requires more than $16.72 billion in the second half. That is over twice the first-half outlay. This is a company-wide investment push, not a disclosed Optimus-only budget.
For investors, the next useful robotics milestone needs numbers behind it. Repeatable factory work, measurable output and paying customers would make Optimus easier to assess as a business. Building capacity is one step; earning a return on it is another. Until Tesla supplies clearer commercial evidence, investors face a tough valuation question: how much should they pay today for robot profits that remain difficult to measure?
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.