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NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Microsoft Corporation (NASDAQ: MSFT).

I keep buying Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) because agentic AI is rewiring what an AI server needs, and the market still prices AMD like it only sells GPUs. It sells the CPU that runs tool calls, the memory that holds context, and the accelerator that does reasoning. That combination keeps my finger on the buy button.

The Thesis: Agentic AI Moves the Bottleneck A standard chatbot query is a one-shot GPU pass. An agent is a loop: GPU reasoning, then a CPU tool call or database query, then a KV-cache update, then the next step. The GPU sits idle while the host CPU runs sandboxed Python, hits SQL, and pings legacy microservices. The CPU stops being a background component and becomes the active traffic controller. That is exactly the workload AMD sells into with EPYC plus Instinct plus ROCm, and it is why Lisa Su told investors on the Q1 call that “inferencing and agentic AI drive increasing demand for high-performance CPUs and accelerators.” AMD owns the x86 server CPU franchise that this stack requires, an advantage its accelerator rivals lack.

The Receipts Data Center revenue hit $5.775 billion, up 57% year over year, in Q1 FY2026, and total revenue landed at $10.253 billion, up 37.85%. Free cash flow ran $2.566 billion, a 252.96% jump. Management guided Q2 to roughly $11.2 billion, about 46% growth, with gross margin widening to around 56%. The balance sheet carries net cash, with debt/equity at 0.071, so this cash flow is not servicing leverage.

The customer roster: OpenAI selected AMD to deploy 6 gigawatts of GPUs, Meta signed for up to 6 gigawatts of Instinct GPUs, and Oracle is standing up a 50,000-GPU Helios cluster. Reddit’s r/stocks caught it too: the top post this month read, “AMD’s Anthropic and Microsoft deals reinforce that AI infrastructure spending remains strong.”

Why Not Just Buy NVIDIA? I own some NVIDIA (NASDAQ:NVDA). Jensen Huang said “Agentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries”, and the numbers are staggering: $81.615 billion in Q1 FY2027 revenue, up 85.2%, with 75.0% non-GAAP gross margin. NVIDIA also owns the interconnect story with NVLink and a purpose-built ARM CPU roadmap in Vera Rubin.

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The problem is the base. NVIDIA is a $5.06 trillion company. AMD is $887.7 billion. NVDA trades at price-to-book of 25.69; AMD sits at 13.77. AMD’s PEG is 1.276, and analysts carry 5 Strong Buy, 37 Buy, and zero Sell ratings. I want the CPU-plus-GPU rack that hyperscalers are diversifying into, at a book multiple roughly half of NVIDIA’s.

The Risk Trailing P/E is 182. That is rich. U.S. export controls on the MI308 already cost AMD an ~$800 million inventory charge in Q2 2025. What keeps the thesis intact is the forward P/E of 76 against 91.2% quarterly earnings growth, and the fact that current guidance excludes China MI308 revenue entirely. The multiple compresses if execution holds.

Why I Keep Buying Polymarket currently prices AMD’s next earnings beat at a 91.5% probability. The 1-year return is 240.18%. I add because the agent loop needs a CPU and a GPU under the same roof, and AMD is the only U.S.-listed name selling both at scale.

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

Contact [email protected] for any questions or corrections.

Key Takeaways Nokia is expanding beyond telecom through AI networking, cloud connectivity and enterprise infrastructure.NOK's AI and Cloud revenues more than doubled, supported by demand for AI data center networking.Nokia is investing in 5G, Open RAN and optical infrastructure while expanding enterprise opportunities. Nokia Corporation (NOK - Free Report) is evolving beyond its traditional telecom equipment business by expanding into AI networking, cloud connectivity and enterprise infrastructure. As investment in artificial intelligence accelerates, the company is benefiting from rising demand for high-speed networking solutions while continuing to serve wireless operators worldwide. Investors are increasingly evaluating whether this broader business mix can drive sustainable long-term growth despite the cyclical nature of telecom spending.

How Nokia Builds Growth Across Its BusinessNokia operates through four primary business segments: Mobile Infrastructure, Network Infrastructure, Portfolio Businesses and Technology Licensing. Mobile Infrastructure remains the largest contributor, providing radio access products and software for wireless carriers. Meanwhile, Network Infrastructure has become an increasingly important growth engine through its Optical Networks, IP Networks and Fixed Networks businesses, serving telecom operators, cloud providers and enterprise customers.

The Portfolio Businesses segment expands Nokia's software and enterprise offerings, while Technology Licensing generates recurring revenues from one of the industry's largest wireless patent portfolios. This diversified structure helps reduce reliance on any single business while supporting more balanced long-term growth.

Why NOK Is Expanding Beyond Telecom CyclesAI is becoming a major growth driver for Nokia. During the latest quarter, AI and Cloud revenues more than doubled year over year, supported by strong demand for networking infrastructure powering AI data centers. Management also reported robust AI order activity, reinforcing confidence in future revenue opportunities.

Growth in Optical Networks and IP Networks further highlights Nokia's expanding exposure beyond traditional carrier spending. These businesses support hyperscale cloud providers and enterprises building AI infrastructure, creating additional revenue streams that complement the company's mobile networking operations. Similar opportunities are also attracting networking leaders such as Cisco Systems (CSCO - Free Report) and optical networking specialist Ciena Corporation (CIEN - Free Report) as AI infrastructure investment continues to accelerate.

How Nokia Strengthens Its Technology EdgeNokia continues investing in technologies that support long-term competitiveness. Its 5G portfolio, ReefShark chipsets and Open RAN initiatives are designed to improve network performance while lowering customer operating costs. The company also benefits from an extensive patent portfolio that supports recurring licensing revenue in addition to equipment sales.

Management is also expanding manufacturing capabilities and optimizing the business portfolio to focus more heavily on AI networking, optical infrastructure and enterprise solutions. These initiatives strengthen Nokia's position in faster-growing markets while supporting long-term profitability.

What Risks Could Slow NOK's ProgressDespite improving growth prospects, Nokia continues to face several challenges. Telecom capital spending remains cyclical, and customer investment timing can create quarterly revenue volatility. The company also operates in highly competitive networking markets while executing restructuring initiatives designed to improve long-term efficiency.

Additional risks include geopolitical uncertainty, supply constraints and changing global trade conditions, all of which could affect customer demand and project execution. Successfully balancing these challenges while expanding AI-related businesses will remain important for future growth.

How NOK's Ratings Fit the Growth StoryNokia currently carries a Zacks Rank #3 (Hold) with a Value Score of B, Growth Score of C, Momentum Score of A and VGM Score of B. These ratings reflect a company benefiting from improving AI infrastructure demand and attractive valuation characteristics while still facing execution risks and telecom market cyclicality. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Overall, Nokia is building a more diversified networking business by expanding beyond traditional telecom infrastructure into AI, cloud and enterprise networking. While industry headwinds remain, continued strength in Network Infrastructure, licensing and AI-related demand provides meaningful long-term opportunities. The current Hold rating reflects a balanced outlook as investors monitor execution and the pace of AI-driven growth.

Key Takeaways Nokia beat earnings estimates as comparable gross margin rose to 46% and operating margin reached 9%.NOK's AI and Cloud revenue more than doubled, led by Optical Networks and IP Networks growth.Nokia reaffirmed euro 2.1B-2.6B operating profit guidance despite negative quarterly cash flow. Nokia Corporation's (NOK - Free Report) latest quarterly results reflected both encouraging operational progress and ongoing industry challenges. The company reported earnings that exceeded expectations, supported by stronger margins and robust performance in several businesses, but revenue came in slightly below forecasts as telecom spending remained uneven across key markets. The quarter illustrates how Nokia is benefiting from growing demand for AI networking and cloud infrastructure while continuing to navigate restructuring efforts and cyclical carrier investment.

Key Takeaways From Nokia's Quarterly ResultsNokia's latest quarter demonstrated improving operational execution despite a mixed top-line performance. The company reported an earnings beat as stronger margins and disciplined cost management helped offset softer-than-expected revenue. Comparable gross margin increased to 46%, while comparable operating margin reached 9%, reflecting improved profitability even as reported results continued to be affected by restructuring-related charges. Management also reaffirmed its full-year comparable operating profit outlook, indicating confidence that underlying business trends remain on track.

The results suggest Nokia is making progress on improving the quality of its earnings rather than simply pursuing revenue growth. Higher-margin businesses and ongoing efficiency initiatives supported profitability, although uneven customer spending continued to weigh on overall sales performance.

Image Source: Zacks Investment Research

The Growth Drivers Behind Nokia's ResultsNetwork Infrastructure remained Nokia's strongest-performing segment, driven by continued momentum in Optical Networks and IP Networks as enterprises and hyperscale cloud providers expanded AI infrastructure investments. AI and Cloud revenues more than doubled from the prior-year period, highlighting the company's growing exposure to structural technology trends beyond traditional telecom spending.

Technology Licensing also remained an important contributor by generating recurring royalty income from Nokia's extensive patent portfolio. Regionally, the company saw encouraging performance across the Americas and EMEA, while results in APAC reflected a more mixed demand environment. Similar AI-driven networking opportunities are also supporting industry peers such as Cisco Systems (CSCO - Free Report) and Ciena Corporation (CIEN - Free Report) as cloud infrastructure investment continues to accelerate.

Why Cash Flow Deserves AttentionWhile profitability improved, cash flow remained an area investors should monitor. Nokia reported negative operating cash flow and free cash flow during the quarter, primarily reflecting working capital movements, restructuring-related cash payments and ongoing capital investments. These factors pressured near-term cash generation despite stronger operating performance.

Even so, the company continues to maintain a solid liquidity position, providing flexibility to fund strategic investments, restructuring initiatives and manufacturing expansion. Management expects cash flow to improve as working capital normalizes and operational efficiencies continue to take effect.

Image Source: Zacks Investment Research

What Nokia's Outlook Says About Future ResultsManagement reaffirmed its full-year comparable operating profit guidance of €2.1 billion to €2.6 billion and continues to expect solid free cash flow conversion over the course of the year. The company also anticipates continued strength in Network Infrastructure, supported by growing demand for Optical Networks and IP Networks tied to AI and cloud deployments.

Alongside these growth opportunities, Nokia continues investing in manufacturing capacity and technology development to support future demand. While telecom spending remains uneven, management believes expanding exposure to enterprise networking and AI infrastructure should help improve the company's long-term financial profile.

How NOK's Ratings Reflect the Financial PictureNokia currently carries a Zacks Rank #3 (Hold), with a Value Score of B, Growth Score of C, Momentum Score of A and VGM Score of B. These ratings reflect a company that is showing improving operational execution and strong momentum while still working through restructuring activities and uneven revenue trends. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Overall, Nokia's latest financial results point to a business that is gradually strengthening its fundamentals. Margin improvement, Network Infrastructure growth and rising AI-related demand provide encouraging signs for the future, while cash flow execution and telecom market conditions remain important areas to watch. The current Hold rating reflects this balanced financial picture as the company's transformation continues.

© RichVintage / E+ via Getty Images

I keep hitting the buy button on NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) because every quarter AI capex grows larger, and NVIDIA collects at each layer. Hyperscalers order racks, sovereigns order factories, enterprises order runtime. That is the conviction.

The Thesis in One Sentence NVIDIA monetizes today’s hardware cycle at rack scale while building the software and networking tollbooth for the next one. Jensen Huang framed it plainly on the last call: “The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.” The custom thesis is the same one management executes: turnkey Blackwell racks proprietary NVLink interconnects capture today’s capex, then NIM microservices, CUDA, and NVLink Fusion fabric licensing turn one-time hardware sales into structural, compounding cash flow.

Three Reasons the Money Keeps Going Here First, operating leverage is delivering. Fiscal 2026 revenue landed at $215.9 billion, up from $130.5 billion the year prior, with net income of $120.1 billion and operating margin of 60.4%. SG&A fell from 9.0% of revenue in FY2023 to 2.1% in FY2026. Companies do not scale like this without pricing power.

Second, the current quarter confirms the story. Q1 FY2027 revenue hit $81.615 billion, beating consensus by 3.16% on non-GAAP EPS of $1.87, a fourth straight beat. Data Center revenue reached $75.246 billion, up 92% year over year, with networking growing 199%. Gross margin came in at 75.0%. Q2 guide points to $91.0 billion in revenue.

Third, valuation remains reasonable. Forward P/E sits at 23 with a PEG of 0.559. Return on equity is 114.3%. Management authorized an $80.0 billion repurchase and lifted the dividend from $0.01 to $0.25 per share. Retirement accounts get paid to wait.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Why Not the Obvious Alternatives The two names I get asked about are Broadcom (NASDAQ:AVGO) and Marvell Technology (NASDAQ:MRVL). Broadcom’s CEO targets over $100 billion in AI revenue by 2027. That is a 2027 aspiration. NVIDIA already printed $75.2 billion in Data Center revenue in a single quarter. Marvell trades at 47x forward earnings, roughly double NVIDIA’s 23 forward multiple, for slower growth. I would rather own the platform every custom silicon design still has to interconnect with.

The Risk I Refuse to Wave Off China is the real risk. Huang called it out directly: “Losing access to the China AI accelerator market, which we believe will grow to nearly $50 billion, would have a material adverse impact on our business.” The company took a $4.5 billion H20 inventory charge and shipped zero H20 units to China in Q1 FY2027. That is real money. It has not changed my thesis because NVIDIA grew Data Center 92% year over year with China effectively zeroed out, and total supply commitments now stand at $119.0 billion. The rest of the world is absorbing the capacity.

Why the Buy Button Stays Active Analyst consensus is 58 buys to 1 sell with a $302.31 target. This works as long as AI factories keep growing, software attach keeps rising, and NVLink remains the fabric everyone standardizes on. Every quarter so far, that is exactly what has happened. Until that pipeline changes, my money keeps going in.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Contact [email protected] for any questions or corrections.

Item 1 of 3 NVIDIA logo and word "Artificial Intelligence" are seen in this illustration taken July 20, 2026. REUTERS/Dado Ruvic/Illustration

[1/3]NVIDIA logo and word "Artificial Intelligence" are seen in this illustration taken July 20, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

SummaryCompaniesTwo dozen companies, including Meta and IBM, sign letterThey urge lawmakers to avoid 'premature restrictions' on open-source AI modelsUS lawmakers propose AI model kill switches after a rogue OpenAI cyberattackSAN FRANCISCO, July 24 (Reuters) - Nvidia (NVDA.O), opens new tab, Microsoft (MSFT.O), opens new tab and other tech heavyweights made a public ‌case to lawmakers on Friday in favor of open-source AI models, wading into a debate roiling the business and policy worlds over who controls the powerful technology.

In a letter posted on X and also signed by ​two dozen companies and groups including Meta Platforms (META.O), opens new tab and IBM , Nvidia CEO Jensen ​Huang said that lawmakers should avoid "premature restrictions on open models that stifle competition ⁠or drive innovation overseas."

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The letter adds to the growing debate about open-source models that ​are harder to regulate, such as Nvidia's own and those released in recent weeks by Chinese labs, and ​the closed-source models controlled by specific companies such as OpenAI and Anthropic.

In recent months, Silicon Valley business leaders have bristled at the cost of closed source models. The CEOs of Microsoft and defense contractor Palantir Technologies (PLTR.O), opens new tab ​have publicly argued that open-source models their customers can run inside their own data centers ​will help control AI costs.

Tech leaders have also chafed at controls that OpenAI and Anthropic build into ‌their models. ⁠Hugging Face, the AI coding collaboration site that was hacked by a rogue OpenAI model, this week said that it had to use a Chinese open-source model to defend against the attack because closed-source models have restrictions on use for cybersecurity work.

At the same time, U.S. lawmakers ​alarmed by the rogue ​OpenAI cyberattack proposed legislation ⁠that would require a "kill switch" for AI models, and President Donald Trump's administration is weighing sanctions on Chinese open-source model makers over alleged theft ​of U.S. closed-source technology.

The letter from Nvidia and other companies acknowledged ​the concerns about ⁠technology theft but argued they should be addressed "through targeted legal and commercial frameworks rather than sweeping restrictions."

"Relying solely on closed models is not inherently safe: they can be breached, misused, or fail ⁠in ​ways that outsiders cannot detect," the letter said. "Open weight models, ​on the other hand, allow a broad community of researchers and developers to examine their behavior, identify vulnerabilities, develop ​safeguards, and improve them over time."

Reporting by Stephen Nellis in San Francisco; Editing by Emelia Sithole-Matarise

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

As calls for artificial intelligence regulation continue to pick up steam in Washington, D.C., a group of 25 prominent tech and AI companies have signed a joint letter urging lawmakers not to be overly restrictive, particularly regarding open-weight AI models.

Apparently, the movement is important enough for Nvidia CEO Jensen Huang to make the letter his first post on the social platform X.

Companies that signed onto the letter include Palantir, Microsoft, Meta, and Dell, among many other big hitters.

Open-weight AI models run on their own infrastructure and can be accessed and modified by anyone. The models can also become more sophisticated without training from the beginning or paying high prices.

Here’s why Huang and other prominent AI CEOs are pushing the letter so strongly.

Image source: Nvidia.

Winning the AI raceCurrently, the leading large language models developed by players like OpenAI and Anthropic are closed-loop and therefore proprietary.

Recently, however, open-weight models coming out of China have started to gain traction and release models that they believe are competitive with U.S. offerings.

A Chinese start-up called Moonshot AI released its Kimi K3 model, which it said can outperform several older models produced by Claude and ChatGPT.

What’s also interesting about this achievement is that China is not supposed to have access to Nvidia’s most advanced chips for training its LLMs, due to export restrictions.

Now, the White House has accused Moonshot of violating these restrictions and of distilling U.S. LLMs. The company has not responded to these allegations as of this writing.

Regardless, these events seem to have executives like Huang concerned that the U.S. may lose its dominance in AI, particularly if regulation is too tight.

“A strong AI ecosystem is not a foregone conclusion. Policymakers have an important opportunity to act. This includes expanding access to compute for startups and researchers, investing in shared training assets (datasets, tools, evaluation frameworks), and keeping the frontier plural by avoiding premature restrictions on open models that stifle competition or drive innovation overseas,” the letter stated.

The letter also acknowledged that open weight models do carry risk because once released, the original developer loses control, and model modifications are difficult to track or rectify.

The pros of open weight LLMs include increased competition and more broadly distributing the benefits of AI, “rather than concentrated in a few hands.”

Why investors should careWhether it’s due to concerns about AI-driven job losses, higher electricity costs, or data centers being built in communities, the topic of AI regulation continues to become more important.

Interestingly, the U.S. company Hugging Face, an open-source AI platform, recently used one of China’s open-weight models to counter a cyberattack launched by renegade OpenAI models.

The company said Claude’s most advanced models were not able to diagnose the attack because of the model’s barriers. However, it’s also easy to imagine how losing control over open-weight LLMs could be daunting.

Investors need to pay close attention to AI regulation for a few reasons.

For one, it could have a significant impact on closed-loop players like Anthropic and OpenAI, which are reportedly gearing up for massive initial public offerings later this year. While open-weight AI models may not necessarily outperform closed-loop ones, they would most likely eat into their margins.

I also think the fact that Huang and so many other executives are pushing this letter so hard also makes it clear that regulation is a big issue and potential risk to the AI trade.

American Airlines reported record Q2 revenue of $16.7 billion (+16% YoY), demonstrating successful premium service transition and commercial market recapture. The company faces a $3+ billion profit gap with legacy peers but is executing initiatives—like loyalty program growth—to close this gap. The airline forecasts a $6 billion boost in fuel prices in 2026, impacting short-term profit forecasts.

Vancouver, British Columbia--(Newsfile Corp. - July 24, 2026) - NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) ("NovaRed" or the "Company") is pleased to report a geological interpretation of a large, regional, high-intensity magnetic anomaly underlying the Wilmac Copper-Gold Project (the "Project"). This anomaly (see Figure 1) is interpreted to represent the western (i.e. South Princeton) portion of a large, composite batholith that includes the intrusive complex documented at the Copper Mountain Camp. This proposed composite batholith is interpreted to have been structurally segmented and vertically displaced across two regional-scale fault systems: the Boundary Fault and the Whipsaw Fault.

"The magnetic anomaly underlying the Wilmac Project is not a stand-alone feature," said Brian Goss, Chief Executive Officer of NovaRed Mining Inc. "It is interpreted to be the western segment of a much larger batholith that has been pulled apart and vertically displaced by two regional faults. The Copper Mountain Camp, actively producing copper and gold today, sits on the upthrown eastern block east of the Boundary Fault. The Wilmac anomaly sits on the downthrown western block — deeper, largely unexposed, and largely undrilled. The Whipsaw Fault represents an additional structural discontinuity that further segments the system to the west. What this means for exploration is significant: we may be looking at a single, laterally extensive magmatic system expressed in multiple fault blocks, each with independent potential to host porphyry copper-gold mineralization."

Geological Interpretation

High-resolution airborne and ground magnetic surveys, together with the Volterra 3DIP/AMT geophysical dataset acquired from the previous optionee (see News Release dated April 15, 2026), have enabled the development of a coherent regional geological interpretation of the large, high-intensity magnetic anomaly underlying the Project.

The Copper Mountain Mine and its associated intrusive complex are spatially associated with a large, broad, high-intensity magnetic anomaly east of the Boundary Fault. Geological mapping in the Copper Mountain camp documents a multi-phase intrusive complex at surface, comprising monzonite, syenite, diorite, gabbro and pyroxenite phases that collectively constitute a composite batholith. This batholith is the interpreted source of the intense magnetic anomaly in the Copper Mountain area and is the causative intrusive complex driving porphyry copper-gold mineralization currently being mined.

A comparably large, high-intensity magnetic anomaly underlies the Wilmac Project to the west, separated from the Copper Mountain anomaly by the regionally significant Boundary Fault. The Boundary Fault is a west-side-down structure, interpreted to have displaced the western block downward relative to the Copper Mountain block. The magnetic anomaly west of the Boundary Fault, underlying the Trojan-Condor Corridor of the Wilmac Project, is interpreted to represent a segment of the same batholith — now buried to greater depth on the downthrown western side of the Boundary Fault — with comparatively small intrusive exposures documented at surface across the Project (including pyroxenite, hornblendite, gabbro and diorite) interpreted to represent only the uppermost apophyses and cupolas of the underlying intrusive complex.

The Whipsaw Fault is interpreted to represent an additional, sub-parallel structural discontinuity that further segments the batholith comprising the primary South Princeton anomaly. Gabbro and diorite intrusions mapped along Whipsaw Creek — the "Whipsaw Stocks" — are interpreted as limited surface expressions of the intrusive complex in a fault block west of the Boundary Fault and east of the Whipsaw Fault. Soil geochemistry, IP chargeability, and AMT resistivity data from the Lamont and Trojan-Condor Corridor areas (see news releases dated May 11 and May 13, 2026) are broadly consistent with this interpretation, documenting anomalous copper, fertile magma signatures (Sr/Y), and transitional magma oxidation states (V/Sc) across multiple fault blocks.

Regional Context and Significance

Segmentation of a large composite batholith by regional faults is a well-documented geological phenomenon. In the Copper Mountain Camp, the intrusive complex is exposed at surface on the eastern, upthrown block. To the west, across the Boundary Fault, the equivalent intrusive complex is interpreted to be preserved at depth, shielded from erosion by its downthrown structural position and, in the eastern portion of the Project, partially covered by the Eocene Princeton Group cover sequence. This configuration is interpreted to have preserved deeper, potentially mineralized portions of the hydrothermal system that are believed to have been removed by erosion in the Copper Mountain block.

The existence of three structurally controlled segments of the batholith — the Copper Mountain block (east of the Boundary Fault), the Whipsaw block (west of the Boundary Fault and east of the Whipsaw Fault), and the Lamont block (west of the Whipsaw Fault) — implies that each segment may represent a spatially distinct target for porphyry copper-gold mineralization, with exploration potential interpreted to be largely independent across segments.

Figure 1 – Total Magnetic Intensity (TMI) map for the Wilmac Cu-Au Project and surrounding area. The area outlined in red is a previous operator's property boundary, within which the high-resolution airborne survey was flown. The results have been plotted with respect to regional TMI results available in the public domain. Note the segmented appearance of the intense magnetic anomaly evident to the southeast (the South Princeton and Copper Mountain Complex anomalies).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9977/306501_898ab697b47db82b_002full.jpg

Next Steps

Building on this regional interpretation, the Company is advancing its 2026 field program, comprising four IP/AMT geophysical surveys across the North Lamont, West Lamont, Wilmac, and Plume grids, an expanded soil sampling campaign, and an initial drill program subject to receipt of an approved drill permit (see News Release dated June 17, 2026). The 2026 program is designed to systematically test the geophysical and geochemical response of the Lamont block, with the objective of defining drill targets that test the interpreted buried intrusive complex at depth.

Wilmac Copper-Gold Project Overview

The Wilmac Copper-Gold Project comprises 16,078 hectares of mineral tenures located within the Quesnel porphyry belt in the Similkameen Mining Division of British Columbia, southwest of Princeton. The Project is situated in a well-documented copper-gold porphyry belt and is interpreted to host potential for identification of one or more copper-gold alkalic porphyry occurrences similar in age and deposit type to those hosting the nearby Copper Mountain Mine, which currently hosts Proven and Probable Mineral Reserves of 345 million tonnes grading 0.26% copper and 0.12 g/t gold (Hudbay Minerals Inc., "Hudbay Provides Annual Reserve and Resource Update with Mine Life Extensions and Improved Three-Year Production Outlook," news release dated March 27, 2026; mineral reserves estimated in accordance with CIM Definition Standards incorporated by reference in NI 43-101).

The Project is separated from the Copper Mountain camp by the regionally significant Boundary Fault. Saleken (2013) interpreted the geological setting west of the fault to be analogous to that of the Copper Mountain Intrusive Complex, but at a shallower level of erosional exposure, with numerous small, high-level diorite, gabbro and pyroxenite intrusions interpreted to represent the uppermost portions of an underlying intrusive complex.

Located immediately west of Highway 3, the Project is road-accessible within a well-established mining district with existing infrastructure and support services.

References

Saleken, L. (2013). Compilation Report on the Tulameen Project Property, Whipsaw Target Area, Assessment Report 33,626A, filed January 31, 2013, 149 p.

Qualified Person

The scientific and technical information in this news release, including the geological interpretations described herein, has been reviewed and approved by Rick Walker, P.Geo., a Qualified Person as defined by National Instrument 43-101 ("NI 43-101"). Mr. Walker is not independent of the Company within the meaning of NI 43-101.

About NovaRed Mining Inc.

NovaRed Mining Inc. (CSE: NRED) (OTCQB: NREDF) is a mineral exploration company focused on the identification, acquisition, exploration and development of copper-gold porphyry projects in British Columbia, leveraging an artificial intelligence-enhanced geospatial technology platform that it developed to identify and evaluate prospective mineral properties. The Company's optioned Wilmac copper-gold project comprises 16,078 hectares located within the Quesnel porphyry belt in the Similkameen Mining Division, southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.'s producing Copper Mountain Mine. For more information, visit novaredmining.com.

Readers are cautioned that the discussion of mineralization on adjacent or similar properties, including the Copper Mountain Mine, is not necessarily indicative of the mineralization or potential of the Wilmac copper-gold project. The Company has no interest in, or right to acquire any interest in, any such adjacent properties.

ON BEHALF OF NOVARED MINING INC.
Brian Goss
Chief Executive Officer
E: [email protected]

FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the geological interpretation of the magnetic anomaly as representing the western portion of a large, composite batholith that includes the intrusive complex documented at the Copper Mountain Camp; the interpretation that the magnetic anomaly may indicate that there are three structurally controlled segments of the batholith that represent a spatially distinct target for porphyry copper-gold mineralization; the planned exploration program that the Company intends to undertake in 2026, subject to financing; and that the Company will be able to exercise its options respecting the claims comprising the Wilmac Project.

Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this news release, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such assumptions include, without limitation, the availability of adequate funding in order to exercise the option agreements respecting the Wilmac Copper-Gold Project and complete the proposed exploration programs; receipt of all necessary permits and authorizations for planned exploration; the availability of qualified personnel and geophysical contractors; favourable weather and field conditions; access to the Project area; the accuracy of current geological interpretations; and the continued cooperation of the optionor under the terms of the option agreement.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Important risk factors include, but are not limited to: the continued availability of capital and financing; the ability to satisfy option earn-in requirements on the timelines contemplated; adverse weather or terrain conditions that may delay or prevent fieldwork; risks inherent in mineral exploration activities; tenure grant, renewal and permitting outcomes, including under British Columbia's revised mineral tenure system; Indigenous and community consultation requirements; changes in applicable laws and regulations; the ability to retain key personnel and contractors; litigation; failure of counterparties to perform their contractual obligations; and general economic, market or business conditions. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306501

Source: NovaRed Mining Inc.

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Verizon (VZ) shares are rising after the company announced its Q2 earnings today. While the telecom giant reported a slight earnings per share (EPS) beat, reve

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining more than 100 points on Friday.

The Dow traded up 0.20% to 51,815.71 while the NASDAQ declined 0.13% to 25,105.02. The S&P 500 also rose, gaining, 0.04% to 7,411.02.

Leading and Lagging Sectors

Real estate shares jumped by 2.3% on Friday.

In trading on Friday, information technology stocks fell by 0.8%.

Top Headline

Verizon Communications Inc. (NYSE:VZ) reported better-than-expected second-quarter earnings, while revenue narrowly missed expectations.

Adjusted earnings came in at $1.30 per share, above the analyst consensus estimate of $1.27, according to Benzinga Pro. Revenue totaled $34.25 billion, missing the $35.11 billion estimate. GAAP diluted earnings per share fell 22% year over year to 92 cents, while net income declined 22.9% to $3.9 billion.

Verizon raised its full-year adjusted EPS guidance to a range of $4.99 to $5.04 from its previous forecast of $4.95 to $4.99. The updated outlook is above the analyst consensus estimate of $4.96.

Equities Trading UP
           

Equities Trading DOWN

Commodities

In commodity news, oil traded down 4.3% to $88.26 while gold traded up 0.5% at $4,070.10.

Silver traded up 1.5% to $58.94 on Friday, while copper rose 0.2% to $6.3565.

Euro zone

European shares were higher today. The eurozone’s STOXX 600 rose 0.5%, while Spain’s IBEX 35 Index gained 1.2% London’s FTSE 100 rose 0.6%, Germany’s DAX gained 0.8%, while France’s CAC 40 gained 0.4%.

Asia Pacific Markets

Asian markets closed lower on Friday, with Japan’s Nikkei 225 falling 2.73%, Hong Kong’s Hang Seng index falling 0.98%, China’s Shanghai Composite dipping 1.61% and India’s BSE Sensex falling 0.43%.

Economics

U.S. building permits declined 2.6% month-over-month to an annual rate of 1.374 million in June, above the preliminary reading of 1.367 million. The S&P Global composite PMI climbed to 53.6 in July from 51.9 in the previous month, recording its highest reading since November. The S&P Global manufacturing PMI slipped to 53.8 in July from 53.9 in June, down from market expectations of 54.3. Photo via Shutterstock

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Verizon Communications (VZ), the largest U.S. wireless provider, reported second-quarter earnings above analysts' expectations and raised parts of its full-year

Qualcomm logo is displayed at the company’s booth at the 8th China International Import Expo (CIIE) in Shanghai, China, November 5, 2025. REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab

July 24 (Reuters) - Smartphone chipmaker Qualcomm (QCOM.O), opens new tab has told customers it would raise prices by ​a percentage in the double digits ‌due to rising costs, Bloomberg News reported on Friday, citing a letter sent to ​clients.

The San Diego, California-based company ​did not immediately respond to a ⁠Reuters request for comment. Its shares ​were trading down more than 1%.

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Here are ​some details:

The company sent the letter to customers on Friday, informing them that the price ​hike will go into effect ​for products shipped after September 1, the report ‌said.

Reuters ⁠could not independently verify the report.

Qualcomm told customers that it could no longer absorb rising supplier costs and had ​sought alternative ​components ⁠from new suppliers, the report said.

The report comes as Qualcomm ​grapples with mounting pressure in the ​smartphone ⁠market, squeezed by a memory chip shortage as investment is redirected toward AI ⁠infrastructure.

Qualcomm ​is set to report ​its third-quarter results on July 29.

Reporting by Anhata ​Rooprai in Bengaluru; Editing by Shilpi Majumdar

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

Intel (INTC) is experiencing pressure this morning despite posting impressive quarterly results and providing optimistic Q3 guidance. Investors seem to be balan

Key Takeaways Intel is expanding AI across PCs, enterprise systems, edge computing and AI infrastructure.INTC ramped Intel 18A production while advancing 14A development and advanced packaging.Intel is growing AI infrastructure exposure through Xeon, networking, custom silicon and cloud partnerships. Artificial intelligence is reshaping the semiconductor industry, creating new opportunities across data centers, enterprise computing, networking and advanced manufacturing. For Intel Corporation (INTC - Free Report) , these trends are driving a broader transformation that extends well beyond its traditional PC business.

The company's ability to capitalize on AI infrastructure demand while executing its manufacturing roadmap will likely play a central role in determining its long-term growth trajectory.

Intel Pushes AI Beyond Traditional PCsIntel is expanding its AI strategy across commercial and consumer markets by integrating artificial intelligence capabilities into PCs, enterprise systems and edge computing platforms. The company has repositioned its client business around both traditional computing and physical AI applications, reflecting growing demand for local AI processing across a wider range of devices.

Beyond AI PCs, Intel continues investing in enterprise AI infrastructure, robotics and edge deployments. Its expanding portfolio enables customers to process AI workloads closer to where data is generated, supporting applications that require lower latency, enhanced security and improved real-time performance.

INTC Advances the Next Foundry CycleIntel's manufacturing roadmap continues to make measurable progress. The company has ramped Intel 18A into volume production for multiple products while reporting improving yields, higher factory output and better cycle times across its manufacturing network.

Looking ahead, Intel remains on track with Intel 14A development, including continued progress on process technology and customer engagement. At the same time, advanced packaging technologies such as EMIB-T and growing external foundry relationships highlight Intel's broader effort to transform its manufacturing business into a long-term competitive advantage serving both internal products and third-party customers.

Intel Benefits From AI Infrastructure DemandAI infrastructure demand is expanding well beyond graphics processors, creating opportunities across CPUs, networking, custom silicon and advanced packaging. Intel is benefiting from stronger adoption of Xeon processors as enterprises and hyperscale customers build increasingly sophisticated AI environments.

The company is also strengthening its position through networking products, purpose-built silicon, advanced packaging technologies and collaborations with enterprise customers and cloud providers. These initiatives support Intel's participation across multiple layers of AI infrastructure rather than concentrating on a single product category.

Advanced Micro Devices, Inc. (AMD - Free Report) continues expanding its presence in server processors and AI computing, while NVIDIA Corporation (NVDA - Free Report) remains the market leader in AI accelerators. Intel's diversified product portfolio and manufacturing capabilities provide an alternative competitive approach as enterprise AI deployments continue to broaden.

INTC Navigates Industry HeadwindsDespite favorable industry trends, Intel continues operating in a highly competitive and capital-intensive environment. Manufacturing execution remains essential as the company scales advanced process technologies while balancing production costs and customer commitments.

Broader industry challenges also remain. Supply constraints affecting leading-edge components, fluctuations in memory markets, aggressive competition across CPUs, GPUs, networking and application-specific integrated circuits, along with elevated capital spending requirements, could influence how effectively Intel converts emerging AI opportunities into sustained financial growth.

How Intel's Rating Reflects the Trend StoryIntel's strategic transformation is increasingly tied to long-term technology trends rather than the traditional PC replacement cycle. Continued execution across AI products, manufacturing and foundry services will remain critical as these opportunities evolve.

The stock currently carries a Zacks Rank #1 (Strong Buy), reflecting improving earnings estimate momentum. You can see the complete list of today’s Zacks #1 Rank stocks here. However, its VGM Score of D indicates that its overall combination of value, growth and momentum characteristics remains relatively modest. The Value Score of F and Growth Score of C contrast with a stronger Momentum Score of B, suggesting the market currently places greater weight on Intel's improving operational momentum while investors continue to monitor whether long-term execution translates into stronger value and growth characteristics.

Key Takeaways INTC posted 25% higher Q2 revenue and stronger profitability as manufacturing execution improved.Intel saw Data Center and AI revenue jump 59%, while foundry efficiency gains narrowed losses.INTC's outlook hinges on AI execution, foundry expansion and managing elevated capital spending. Intel Corporation (INTC - Free Report) has staged a remarkable recovery in 2026, fueled by improving financial performance and growing confidence in its artificial intelligence and manufacturing strategy. After such a sharp rally, investors are increasingly asking whether the company's operational momentum can continue supporting further upside.

While Intel is benefiting from stronger AI demand and improving execution, its long-term investment case still depends on successfully scaling its foundry business, expanding its product portfolio and managing elevated capital investments.

INTC Delivered Strong Quarterly ResultsIntel reported a strong second quarter, with revenue rising 25% year over year to $16.1 billion while adjusted earnings of $0.42 per share comfortably exceeded expectations. The company also posted meaningful improvements in profitability, with non-GAAP gross margin expanding to 41.8% as stronger manufacturing execution and improving product mix supported results.

Performance improved across the business. Client Computing and Physical AI revenue increased 13% year over year, while Data Center and AI revenue surged 59%, reflecting stronger demand for Xeon processors and enterprise AI infrastructure. Intel Foundry also delivered solid growth as higher factory output, improving yields and better operating efficiency narrowed losses and reinforced confidence in its manufacturing strategy.

Intel's Growth Drivers Continue to ExpandIntel's growth opportunities now extend well beyond traditional personal computers. The company continues expanding its AI PC portfolio while benefiting from stronger adoption of Xeon processors across enterprise, cloud and sovereign AI deployments.

Additional growth drivers include purpose-built silicon, networking products, Arc graphics processors and advanced packaging technologies. Intel is also broadening its foundry business by attracting external customers while advancing its Intel 18A and Intel 14A process technologies. Together, these initiatives create multiple potential revenue streams as AI infrastructure spending continues to expand.

Advanced Micro Devices, Inc. (AMD - Free Report) remains one of Intel's closest processor competitors, while NVIDIA Corporation (NVDA - Free Report) continues to dominate AI accelerator markets. Intel's strategy increasingly centers on competing through its combination of CPUs, advanced manufacturing, packaging capabilities and foundry services rather than relying on any single product category.

INTC Must Balance Growth With SpendingIntel's turnaround also requires substantial investment. The company continues increasing spending on manufacturing equipment, clean-room capacity, substrates and advanced process technologies to support anticipated demand across both products and foundry services.

Those investments have weighed on cash generation, with adjusted free cash flow remaining negative as capital expenditures stay elevated. Although management expects these investments to strengthen Intel's long-term competitive position, maintaining balance sheet discipline and delivering consistent manufacturing execution will remain important as the company scales production.

Intel's Valuation and Outlook in ContextIntel's improving fundamentals have been accompanied by a higher valuation following its strong share price recovery. Even so, the equity research outlook remains constructive, supported by continued earnings estimate revisions, stronger operating execution and an improving competitive position within the semiconductor industry.

Image Source: Zacks Investment Research

The stock maintains an Outperform recommendation with a 12-month price target of $115.50. That outlook assumes Intel continues executing on its AI roadmap, manufacturing improvements and foundry expansion while sustaining recent momentum across its product portfolio.

What Intel's Rating Signals for InvestorsFollowing its strong recovery, Intel appears better positioned than it was a year ago, but future returns will likely depend more on operational execution than multiple expansion. Delivering on manufacturing milestones, expanding AI adoption and improving foundry profitability remain central to the investment thesis.

The stock currently sports a Zacks Rank #1 (Strong Buy), reflecting favorable earnings estimate momentum. You can see the complete list of today’s Zacks #1 Rank stocks here. At the same time, its VGM Score of D indicates that its overall combination of value, growth and momentum characteristics remains mixed. The weaker Value Score of F and Growth Score of C are partially offset by a stronger Momentum Score of B, suggesting investors may benefit from balancing Intel's improving near-term momentum with a measured assessment of its valuation and long-term growth profile.

Intel (INTC) won broad support from Wall Street after delivering better-than-expected second-quarter results, but analysts remain divided on whether the company

Intel (INTC -6.14%) stock dropped 4% through 1:25 p.m. ET Friday after reporting Q2 earnings last night. But here's the thing: Intel's news seemed pretty good.

Heading into the report, analysts expected Intel to earn $0.21 per share (pro forma) on sales of $14.3 billion. Intel actually earned twice what it was expected to -- $0.42 per share. Its sales also topped estimates at $16.1 billion.

Image source: Intel.

Intel Q2 earnings Intel grew its sales 25% year over year, the company's best performance in nearly 15 years. Earnings news was more mixed.

On the one hand, Intel beat estimates by 2x. On the other hand, these were only non-GAAP earnings -- not earnings calculated under generally accepted accounting principles (GAAP). When calculated under GAAP, Intel didn't earn a profit at all; it lost $2.16 per share, a result significantly worse than many investors may have expected after hearing Intel "beat earnings."

That's reason No. 1 why Intel stock might be down today.

Today's Change

(

-6.14

%) $

-6.15

Current Price

$

94.08

Was Intel's news good or bad? Despite the GAAP loss, Intel's showing signs of improvement. Intel CEO Lip-Bu Tan says, "AI is driving unprecedented demand for compute" and improving margins. Gross profit margin for the quarter surged nearly 13 full percentage points to 40.4%, and GAAP operating margins flipped from negative to positive (11.1%).

That wasn't enough to produce a GAAP profit, but when turning to guidance, Intel confirmed that gross margins are continuing to improve, and should hit 41% in Q3, helping to deliver a GAAP profit of perhaps $0.31 per share this current quarter.

Best of all, free cash flow has turned positive again, with Intel reporting cash profits of $1.9 billion in Q2. Analysts are still predicting Intel will burn cash this year, but if Intel proves them wrong about that -- look out above!

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel. The Motley Fool has a disclosure policy.

By PYMNTS  |  July 24, 2026

 | 

Highlights

Gen Z is becoming American Express’ growth engine, with young customers driving faster spending growth and most new consumer account openings.

Dining is evolving into a loyalty platform, as Amex uses Resy, Tock and the proposed TheFork acquisition to connect reservations, benefits and payments.

Amex sees its closed-loop data as an AI advantage, giving it more context to verify customer intent, manage fraud and support agentic commerce.

American Express’ second-quarter earnings tell a spending story that stretches from restaurant tables to airport gates to corporate expense accounts, with artificial intelligence sitting somewhere in the middle.

Card spending rose 9% on an FX-adjusted basis in the second quarter, according to a Friday (July 24) earnings presentation. Travel and entertainment spending increased 10%, goods and services rose 9%, and consumer spending in the United States climbed 11%, its fastest growth since early 2018 excluding pandemic-distorted periods. Commercial spending, which has been considerably slower, accelerated to 5%.

The spending was broad-based across categories. Retail spending rose 13%, restaurant spending increased 10%, airlines were up 10%, and American Express travel bookings jumped 22%. Millennials and Generation Z remained the fastest-growing U.S. consumer cohorts and now account for the largest share of U.S. consumer spending on Amex cards.

CEO Stephen Squeri said during an analyst Q&A on a Friday conference call that the spending gains reflect more than new customer acquisition.

“Engagement has been really accelerated, and that’s driving a lot of the spending,” Squeri said, adding that “restaurant spend was up 10%, but when you look at Resy restaurant spend, it’s double that.”

The engagement is increasingly coming from young customers. Gen Z spending rose 40% year over year, compared with 14% for millennials, 10% for Generation X and 5% for baby boomers and older customers. Millennials and Gen Z together accounted for 38% of U.S. consumer-billed business. Meanwhile, 65% of new global consumer accounts came from those two generations.

The income story is more nuanced. Chief Financial Officer Christophe Le Caillec said during the call that young customers generally enter the Amex franchise with low income initially, but “we’re going to grow with them, and they’re going to grow with us.”

Restaurants Become More Than a Card Category Dining is also becoming a deliberate part of Amex’s strategy.

Restaurant spending is the company’s largest travel and entertainment category, and Amex is building infrastructure around that spending rather than simply collecting interchange when the check arrives. Its proposed acquisition of TheFork would add 50,000 restaurants across 11 European countries to a dining portfolio that already includes Resy and Tock.

Squeri said Amex is effectively creating smaller closed loops inside its larger payments network by connecting cardholders directly with restaurants. Amex cardholders also generate higher average tickets than non-cardholders. The platforms can additionally serve as acquisition channels by offering cardholders special access and benefits while remaining open to nonmembers.

The closed-loop argument becomes more consequential as commerce starts shifting toward AI agents.

Squeri said agentic commerce creates new questions around fraud, customer intent and AI hallucinations. Amex’s pitch is that it has information from both sides of a transaction.

“We know what the customer wanted to do, and we’ll also know what the merchant delivered,” he said during the call.

However, he cautioned against assuming agentic commerce is already mature.

“We’re sort of in the preseason,” Squeri said. “We’re not even … in the early innings.”

Amex is spending accordingly. Squeri said technology investment now includes agentic commerce initiatives that were not contemplated when the company established its original 2026 spending plans.

The business side is getting similar attention. Commercial billed business rose 5%, with U.S. small- to medium-sized businesses and large/global corporations growing at the same rate. Travel and entertainment spending among commercial customers rose 8%, twice the 4% increase in goods and services spending. Amex has also begun piloting a new expense management platform with middle-market customers, an area where management acknowledged competitive pressure from FinTech providers.

CFO Le Caillec said the stronger spending translated into 10% revenue growth, a rate that was below Wall Street’s expectations, and shares dipped 5% in early trading Friday. The company raised its full-year revenue growth forecast from a range of 9% to 10% to 10%.

Jeff Kagan talks about his outlook on the telecommunications industry after Verizon (VZ) showed strength in its earnings while Charter Communications (CHTR) sold off to a 12-year low. He notes key competitors like SpaceX (SPCX) entering the industry as a headwind but believes new tech brought by AI will help alleviate downside risks.

Investors might want to bet on Phillips 66 (PSX - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Phillips 66 basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Phillips 66 imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Phillips 66For the fiscal year ending December 2026, this oil refiner is expected to earn $21.96 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Phillips 66. Over the past three months, the Zacks Consensus Estimate for the company has increased 44.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Phillips 66 to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Considering buying DOV stock? Here’s what analysts think:

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NextEra Energy, Inc. (NEE) Q2 2026 Earnings Call July 24, 2026 9:00 AM EDT

Company Participants

Michael Dowling
John Ketchum - President, CEO & Chairman
Michael Dunne - CFO & Executive VP of Finance
Scott Bores - President & CEO
Brian Bolster - CEO & President

Conference Call Participants

Steven Fleishman - Wolfe Research, LLC
Julien Dumoulin-Smith - Jefferies LLC, Research Division
Nicholas Campanella - Barclays Bank PLC, Research Division
Jeremy Tonet - JPMorgan Chase & Co, Research Division
Carly Davenport - Goldman Sachs Group, Inc., Research Division

Presentation

Operator

Good day, and welcome to the NextEra Energy, Inc. Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Michael Dowling, Director of Investor Relations. Please go ahead.

Michael Dowling

Good morning, everyone, and thank you for joining our second quarter 2026 financial results conference call for NextEra Energy. With me this morning are John Ketchum, Chairman, President and Chief Executive Officer of NextEra Energy; Mike Dunne, Executive Vice President and Chief Financial Officer of NextEra Energy; Armando Pimentel, Vice Chairman of NextEra Energy; Scott Bores, President and Chief Executive Officer of Florida Power & Light Company; Brian Bolster, President and Chief Executive Officer of NextEra Energy Resources; and Mark Hickson, Executive Vice President of NextEra Energy.

John will start with opening remarks, and then Mike will provide an overview of our results. Our executive team will then be available to answer your questions.

We will be making forward-looking statements during this call based on current expectations and assumptions, which are subject to risks and uncertainties. Actual results could differ materially from our forward-looking statements if any of our key assumptions are incorrect or because of other factors discussed in today's earnings news release, in the comments made during this conference call, in the

NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of First Solar, Inc. (NASDAQ: FSLR).

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.

That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.

However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.

Palantir Technologies Inc. (PLTR - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

Here are three of the most important factors that make the stock of this company a great growth pick right now.

Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Palantir Technologies is 21.1%, investors should actually focus on the projected growth. The company's EPS is expected to grow 97.5% this year, crushing the industry average, which calls for EPS growth of 22.9%.

Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.

Right now, year-over-year cash flow growth for Palantir Technologies is 665.2%, which is higher than many of its peers. In fact, the rate compares to the industry average of 8.4%.

While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 50.9% over the past 3-5 years versus the industry average of 17.3%.

Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

The current-year earnings estimates for Palantir Technologies have been revising upward. The Zacks Consensus Estimate for the current year has surged 0.7% over the past month.

Bottom LineWhile the overall earnings estimate revisions have made Palantir Technologies a Zacks Rank #2 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

This combination positions Palantir Technologies well for outperformance, so growth investors may want to bet on it.