Track market-moving stories before they get noisy

Plug Power (PLUG -3.21%) spent months building up momentum, only to watch the entire move unravel in a matter of weeks.

After a jaw-dropping 100% rally in the first five months of 2025, the hydrogen stock went on a grueling two-month slide, shedding 31% in June and another 24% in July, according to data provided by S&P Global Market Intelligence.

Aug. 10 is a crucial day for Plug Power as it announces its second-quarter numbers. Could the stock head back up?

Image source: Getty Images.

Why Plug Power stock is falling again Investors were buying hard into Plug Power management's turnaround promises, improving gross margins, and expanding product sales. Yet, they face a reality check ahead of the company's Q2 numbers.

In recent years, Plug Power has relied heavily on share sales to raise capital to keep its operations running. The company's share count has risen by 130% over the past three years. Every time the stock rallies, the looming threat of additional share issuances or other capital-raising moves drags it back down.

In July, Plug Power scrambled to free up more cash. On one hand, the company announced commercial milestones such as a 50-megawatt (MW) electrolyzer order in Australia . On the other hand, it announced the sale of its Graham, Texas hydrogen project and a phased deal for its New York Gateway site to raise $80 million.

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As of June 30, 2026, Plug Power had only $162 million in cash and cash equivalents and expects to sell additional assets to raise up to $275 million (including the $80 million). Those electrolyzer deals simply don't move the needle when the business is bleeding cash every quarter and is forced to liquidate assets.

The Aug. 10 reality check: what to expect It wasn't just the investors. Analysts turned nervous too after Plug Power's red-hot rally in early 2026, with some even slashing their price targets in July.

Analysts from Susquehanna, who were feeling generous enough to raise Plug Power's price target to $3.75 per share in May, slashed it down to $2.50 in July amid uncertain hydrogen markets and other things. BMO capital analyst Ameet Thakkar maintained a sell rating with a price objective of only $1.20 on the hydrogen stock.

It was an awkward mood shift considering that Plug Power reported a bumper first quarter, with revenue rising 22 % and gross margin climbing from a negative 55% to a negative 13%. Sure, losing money on every dollar is still losing money, but that's a massive improvement, nonetheless.

Can the company deliver again when it drops its Q2 numbers after the closing bell today? That's the question investors are asking. For now, Plug Power insists it is on track to meet its 2026 financial goals. That includes hitting positive EBITDAS by Q4 2026.

If that's left you scratching your head, EBITDAS stands for earnings before interest, taxes, depreciation, amortization, and stock-based compensation. I'm more interested to see whether Plug Power will become GAAP profitable by the end of 2028 as it aims to. Even if management reiterates its goals, I expect the stock to remain volatile.

Standard Chartered, a leading multinational bank based in London, has launched coverage on Chainlink, setting an ambitious price target of $200 for LINK by the end of 2030. The bank expects this forecast to significantly outperform both Bitcoin and Ethereum over the same period. LINK was trading near $8.25 on Monday, reflecting a projected 25-fold increase if the target is met.

Chainlink targets and market insightsGeoff Kendrick, Standard Chartered’s global head of digital assets research, provided a series of price milestones for LINK in a research note. Kendrick’s roadmap projects LINK to reach $13 by the close of this year, and then hit interim targets of $41, $82, and $133, before landing at $200 by 2030. For comparison, the same note plots Bitcoin at $500,000 and Ethereum at $40,000 for the end of the decade.

Kendrick anticipates a notable expansion of asset tokenization, forecasting that the on-chain value of tokenized assets will rise from roughly $340 billion now to $4 trillion by late 2028. He further projects that assets deployed in decentralized finance (DeFi) will surge 37-fold, reaching $2.7 trillion by 2030.

According to the bank, Chainlink’s revenue model benefits directly from the growth of tokenized and DeFi assets. As Chainlink charges for transmitting data and facilitating asset transfers across blockchains, Standard Chartered estimates its fee volume could climb 25 times from current levels, with token prices assumed to track fee growth.

Chainlink currently secures over $110 billion in total value, covering about 70% of all oracle-dependent DeFi value globally and more than 80% on Ethereum. Aave V3 accounts for 44% of this secured value alone.

Standard Chartered also highlights Chainlink’s wide-ranging partnerships, citing major institutions such as Swift, DTCC, Euroclear, JP Morgan, Mastercard, UBS, Fidelity, and S&P Global. The bank expects that business from off-chain clients—like tokenized funds and bonds requiring net asset values, rates, and attestations—will make up a growing share of Chainlink’s fee revenues in the future.

Mini dictionary: Chainlink is a decentralized oracle network that supplies real-world data to blockchains and facilitates secure communication between different blockchain platforms. Oracles are essential for DeFi and tokenized asset markets to function.

Competition and security concernsDespite its strong position, Chainlink faces competition in blockchain interoperability. Kendrick’s report notes that Chainlink is currently outpaced by LayerZero in interoperability functions. However, more than $7 billion in token value has moved from older bridges to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) since a $292 million exploit was reported in April. In the second quarter, CCIP’s transaction volume reached $4.9 billion—a 353% year-on-year increase.

Tensions remain between LayerZero and Chainlink in the wake of last April’s exploit. Following the incident, KelpDAO said it would transition from LayerZero to Chainlink, though LayerZero contests the claim that its protocol was responsible for the loss.

MetricCurrent2030 TargetLINK price$8.25$200Bitcoin price~$68,500*$500,000Ethereum price~$3,600*$40,000Tokenized assets on-chain$340 billion$4 trillionAssets deployed in DeFiN/A$2.7 trillion*Current BTC and ETH prices approximated, as not specified in news.

Uniswap and DeFi surge on bullish forecastsThe coverage has driven renewed bullish sentiment in DeFi. Uniswap’s governance token, UNI, climbed to a local high of $3.70 in the past day, marking a gain of nearly 20%. UNI is now trading at $3.63, up about 48% on the week, and pushing Uniswap’s total market capitalization to $2.26 billion on daily trading volumes near $864 million.

Standard Chartered’s optimism has focused not only on Chainlink but also on leading DeFi protocols. Kendrick’s June note outlined $100 price targets for Uniswap, $3,500 for Aave, and $60 for Morpho, all underpinned by his model projecting a 37-fold growth in assets deployed in DeFi by 2030. While LINK’s response has been muted, UNI rallied sharply following the release of the report.

Risks identified include the possibility that institutional tokenization scales up more slowly than anticipated, pilot projects struggle to transition to recurring processes, specialist competitors capture market share, and unforeseen technical failures undermine trust.

At present, investor optimism has buoyed select DeFi assets as markets digest new targets and growth forecasts.

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

monday.com (NASDAQ:MNDY) shares fell about 6% on Monday after the software company issued third quarter revenue guidance that came in slightly below Wall Street expectations, overshadowing a second quarter earnings and revenue beat.

For the third quarter, monday.com forecast revenue of $368 million to $370 million, representing year-over-year growth of 16% to 17%. The midpoint of the outlook is below the roughly $372.8 million analysts had expected, contributing to the negative reaction in the shares.

The company reported second-quarter revenue of $364.6 million, up 22% year over year and above analyst expectations of about $355.5 million. Adjusted diluted earnings per share came in at $1.48, ahead of consensus estimates of roughly $1.11 to $1.14.

The company also reported that annual recurring revenue from its AI products doubled from the first quarter and accounted for 17% of net new ARR in the second quarter. monday.com said it also recorded a record number of net new customers with more than $100,000 and $500,000 in ARR.

“Q2 reinforced our conviction that our strategy is working and that it was time to move faster. We made the difficult decision to restructure our organization, sharpen our product portfolio, and commit fully to the AI Work Platform in order to capture the largest opportunity we have ever seen in software,” monday.com co-founders and co-CEOs Roy Mann and Eran Zinman said in a statement.

“The early results reinforce our conviction. ARR from AI products doubled from Q1, representing 17% of net new ARR in Q2, and customer response to our new direction continues to exceed our expectations.”

For the full year, monday.com maintained revenue guidance of $1.466 billion to $1.474 billion, representing growth of 19% to 20%. The company expects full-year non-GAAP operating income of $230 million to $234 million, with an operating margin of about 16%.

monday.com also expects adjusted free cash flow of $280 million to $290 million for 2026, representing an adjusted free cash flow margin of 19% to 20%, with the outlook assuming a negative foreign exchange impact of 100 to 200 basis points.

Solana price rallied nearly 7% from its Aug. 7 low, breaking a five-week descending channel as proposed supply changes and institutional adoption renewed demand for SOL.

Summary

Solana price rose from $72.49 to $77.36, breaking above a five-week descending channel. 4-hour Supertrend support flipped bullish at $75.02, strengthening the breakout structure. Liquidation clusters at $78 and $80 could accelerate gains if buyers maintain control. Daily momentum remains mixed, leaving $74–$75 as the main breakout invalidation zone. According to data from crypto.news, Solana (SOL) price traded around $76.93 on Aug. 10, up nearly 7% from its Aug. 7 low of $72.49. The recovery pushed SOL through the upper boundary of a descending channel that had controlled its price since early July.

The 4-hour chart shows that SOL first reclaimed $74.30 before breaking the channel near $75. The price then climbed to an intraday high of $77.36, where buyers encountered initial resistance.

Solana price 4-hour chart — Aug. 10 | Source: crypto.news Trading volume expanded during the breakout, while the bull-bear power indicator rose to 1.23. A positive reading indicates that buyers currently have more short-term control than sellers.

The Supertrend indicator has also flipped below the market and now provides dynamic support at $75.02. Holding above this level would keep the 4-hour structure bullish and could turn the former channel resistance into support.

Crypto analyst Dami-Defi identified the same structural change in an Aug. 10 post on X.

“SOL just broke a five-week downtrend,” the analyst said.

The breakout does not yet confirm a broader trend reversal, however. SOL remains well below its May swing high near $97 and its January peak above $145.

What is driving the SOL recovery? The rally coincided with growing validator support for two proposals designed to reduce Solana’s future supply growth.

SIMD-0550 would increase the annual disinflation rate from 15% to 30%, bringing the network toward its terminal inflation rate faster. SIMD-0553 would introduce resource-based transaction fees and could raise daily SOL burns from about 650 tokens to between 7,500 and 9,000.

The formal governance process is expected to run through Aug. 18. The proposals remain subject to validator approval, meaning their projected supply effects are not guaranteed. Solana’s governance forum describes SIMD-0550 as a doubling of the pace at which inflation declines.

Institutional developments have added another source of demand. BlackRock recently unveiled its Daily Reinvestment Stablecoin Reserve Vehicle, which can record fund ownership across several public blockchains, including Solana. The product holds cash, short-term U.S. Treasuries and repurchase agreements rather than SOL itself.

Western Union has also expanded its use of the network. Its USDPT stablecoin is issued on Solana by federally regulated Anchorage Digital Bank, while a related Stablecard product launched across 37 markets. Western Union formally launched USDPT on Solana in May.

These developments do not directly require institutions to purchase SOL in large amounts. They do, however, strengthen Solana’s case as infrastructure for regulated funds and dollar-based payments.

SOL targets $78 liquidity before $80 The three-day liquidation heatmap shows the nearest concentration of leveraged positions around $77.80–$78.20. This zone matches the next horizontal resistance visible on the 4-hour chart.

Solana liquidation chart | Source: CoinGlass A break above $78 could trigger another round of short liquidations and open a move toward $80. The upper section of the former channel and previous July swing levels place the next larger resistance between $82 and $84.

Dami-Defi’s chart projects a possible move toward $83 if SOL successfully retests the broken trendline.

Michaël van de Poppe offered a more ambitious longer-term outlook. In an Aug. 10 market update, he said SOL had formed a higher low against Bitcoin and forecast a possible recovery toward $100–$120.

A deep correction on $SOL vs. $BTC.

However, the recent push upwards is a strong signal on why you should be buying after these corrections have been taking place.

It's up 5% since the test of this region and I think that we're going to see a stronger move upwards on $SOL.

The… https://t.co/VRCEkgV9rG pic.twitter.com/zcQ6YzUKiJ

— Michaël van de Poppe (@CryptoMichNL) August 10, 2026 That target would require SOL to reclaim several resistance zones that are not visible in the current short-term breakout. The first tests remain $78, $80, and $83.

Daily Solana chart still needs confirmation SOL’s daily chart is improving, although it has not produced a fully confirmed bullish reversal.

Solana price daily chart — Aug. 10 | Source: crypto.news The price has moved above the Ichimoku conversion line at $74.89 and the baseline at $74.73. SOL is also attempting to clear the upper edge of the cloud around $76.93, making the current area an important daily closing level.

A sustained close above the cloud would strengthen the case for a move toward $80–$84. Rejection near $77, however, could send SOL back to test the Ichimoku cluster between $74.73 and $74.89.

The Awesome Oscillator remains slightly negative at -0.46. Its red bars have contracted and the indicator is moving toward zero, suggesting bearish momentum is fading but has not yet reversed completely.

Liquidation data reinforces the downside levels. Large long-liquidation concentrations sit around $75.70, $75.10 and $72.80. If SOL loses $75, forced selling could pull the price toward $73 before buyers regain control.

US developments remain a key SOL catalyst Solana’s institutional adoption has become increasingly tied to regulated U.S. financial infrastructure. BlackRock’s fund structure involves tokenized ownership of Treasury-backed assets, while Western Union’s USDPT is issued by a U.S. federally chartered crypto bank.

The next network catalyst is the planned Alpenglow rollout. The upgrade aims to reduce transaction finality from about 12.8 seconds to between 100 and 150 milliseconds, with implementation expected in stages between August and October if testing proceeds as planned.

For now, SOL’s 4-hour breakout favors buyers while the price remains above $75. A daily close above $78 would provide stronger confirmation and shift focus toward $80–$84. Losing $74 would place the breakout at risk and reopen the path toward $72.80.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

59 min ago

3 min read

Solana lending giant Jupiter now lets the same dollar earn twice. (Live Richer/Unsplash/Modified by CoinDesk)Summary

Jupiter’s Lend v2, introduced Monday, allows deposits and borrowed positions to double as trading liquidity so users can earn both lending interest and a share of swap fees from the same capital.The product introduces optional Smart Collateral and Smart Debt features that automatically pair assets into correlated liquidity pools, boosting yields for depositors and offsetting borrowing costs when traders route swaps through those pools.While borrowers in correlated pools are protected if one stablecoin depegs, collateral providers bear the loss on either asset, a risk Jupiter seeks to limit by confining the design to stablecoin pairs and SOL versus its staked versions.Solana decentralized-lending giant Jupiter rolls out its new Lend version 2 (v2) product on Monday, allowing deposits and borrowed positions to simultaneously act as trading liquidity so the same dollar earns interest as a loan and a share of swap fees.

Jupiter Lend holds about $1.9 billion in deposits, according to DefiLlama data, and generated $1.6 million in fees over the past 30 days, or roughly 1% a year on the capital sitting there before any split with the protocol.

Active loans stand at $822.7 million and have fluctuated between $600 million and $900 million since September, Token Terminal data show. Deposits and loans have both slipped over the past month.

(Token Terminal)The new version of Lend introduces two features, both optional.

Smart Collateral lets a deposit of USDC, USDT, SOL or JupSOL be paired automatically into a correlated liquidity pool. That allows the assets to earn yield on any loans while gaining trading fees and, where applicable, staking rewards from one position. Smart Debt does the same for borrowed assets, so fees generated by a debt position offset the cost of the loan. Users who want ordinary lending can ignore both.

The extra yield exists only if traders actually swap through those pools, which means Jupiter not only runs Solana's largest swap router, the software most wallets and apps use to find the best price across venues, but it also owns pools that need that flow to arrive.

The company told CoinDesk the router does not favor its own vaults and sends swaps wherever the price is best.

The risk of pairing assets falls unevenly, however. Jupiter said margin is valued using primary market oracles, or data providers, so a temporary price wobble on an exchange does not trigger anything, and a position liquidates as normal once its loan-to-value ratio passes the threshold.

A genuine depeg is different. On the debt side the borrower is protected — someone borrowing $100 split between USDC and USDT would see the pool rebalance into whichever asset held its value and still owe $100. On the collateral side there is no such protection, and a supplier carries the loss on both assets if either breaks.

That is why the design is confined to correlated pairs, stablecoins against each other and SOL against its staked versions, rather than volatile assets.

"There's been a wall between the two primary ways people earn APY onchain, lending and LPing," said Kash Dhanda, Jupiter's chief operating officer, referring to lending and supplying liquidity to exchanges.

The design lets Jupiter offer higher deposit rates and cheaper borrowing, he said, and terms improve as the vaults attract more trading. "It is not about just serving existing loans, but providing efficiency to grow the entire market."

Jupiter said it expects a mix of new loans and migrated positions, without giving a target or a cap. A protocol whose loan book has not grown in a year now has a product that pays more, and the next 30 days of active loans will show whether yield was the thing holding it back.

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Building the Zcash Machine: Tachyon and Quantum Readiness

Building the Zcash Machine: Tachyon and Quantum Readiness

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Jun 30, 2026

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Why it matters:

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Wall Street expects a year-over-year increase in earnings on higher revenues when XP Inc.A (XP - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.51 per share in its upcoming report, which represents a year-over-year change of +18.6%.

Revenues are expected to be $976.54 million, up 24.2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for XP Inc.A?For XP Inc.A, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.20%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that XP Inc.A will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that XP Inc.A would post earnings of $0.48 per share when it actually produced earnings of $0.47, delivering a surprise of -2.08%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

XP Inc.A appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsQfin Holdings Inc. - Sponsored ADR (QFIN - Free Report) , another stock in the Zacks Financial - Miscellaneous Services industry, is expected to report earnings per share of $0.99 for the quarter ended June 2026. This estimate points to a year-over-year change of -44.4%. Revenues for the quarter are expected to be $520.01 million, down 28.6% from the year-ago quarter.

The consensus EPS estimate for Qfin Holdings Inc. - Sponsored ADR has been revised 0.5% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +5.58%.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Qfin Holdings Inc. - Sponsored ADR will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

HomeEarnings AnalysisFinancials 

SummaryBerkshire Hathaway is now aggressively deploying cash under Greg Abel, with $26B invested in H1 2026 and buybacks resuming.Q2 operating earnings rose 16.3%, but excluding FX gains, true growth was 5.2%, with insurance segment notably deteriorating—GEICO's combined ratio worsened to 91.2%.Capital deployment narrowed the cash pile only slightly; at $365.5B, meaningful reduction requires >$34B annual deployment, highlighting the challenge of scale.With shares at 1.50x book and insurance headwinds, I downgrade to Hold; my buy target is $470–480/share, or 1.35x book. BlackSalmon/iStock via Getty Images

During the first six months of 2026, Greg Abel, in his new role as CEO of Berkshire Hathaway (BRK.A) (BRK.B), deployed ≈$26B, however Berkshire's cash position on its balance sheet shrank only by ≈$8B.

Greg

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

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

About a year ago, 24/7 Wall St. flagged four overlooked Dividend Aristocrats as stealth growth plays, arguing that boring income names carried real upside if the market ever noticed. The scorecard is in, and it is split down the middle. Two of the four beat the market decisively, while the other two lagged. Below is a candid grading of the original quartet, plus three fresh Aristocrat-caliber income names where the setup looks compelling now.

Becton Dickinson: A Late Rally Salvages the Call Becton Dickinson (NYSE:BDX | BDX Price Prediction) was the toughest call of the original four, and it finally worked. Shares gained 25.5% in the past year and are up 17.47% year to date after a 9.1% one-week pop to $176.86.

The dividend engine still hums. Becton Dickinson pays a quarterly $1.05, with an annualized forward payout of $4.20, and the current yield is 2.4% against a forward P/E of 13. Coverage is not an issue: year-to-date free cash flow of $1.73 billion, up 44.6% year over year, comfortably funds the payout, and management raised FY26 adjusted EPS guidance to $12.62 to $12.72. The main risk is the tariff overhang and $450 million in non-cash impairment charges tied to strategic exits.

Grade: B+. A solid double for income holders who reinvested.

AbbVie: The Home Run of the Group AbbVie (NYSE:ABBV) was the star. Shares are up 47.4% over the trailing year and 16.7% year to date, closing at $246.04 on August 7. The immunology franchise did exactly what bulls hoped, with Skyrizi +24.4% and Rinvoq +24.5% more than offsetting Humira’s biosimilar-driven decline.

The dividend, currently $1.73 quarterly for an annualized forward $6.92, keeps grinding higher, and the yield stands at 2.8%. Safety metrics: free cash flow yield of 4.10%, interest coverage of 6.94x, and net debt/EBITDA of 2.26x. Q2 adjusted EPS of $3.65 beat the consensus estimate on $16.99 billion in revenue, +10.2% year over year. The trailing P/E of 69 reflects heavy amortization; the forward EPS guide of $13.87 to $14.07 normalizes the multiple considerably. Risk: continued Humira erosion and dilution from the $10.9 billion Apogee Therapeutics acquisition.

Grade: A. Nearly reached the aspirational analyst target.

Procter & Gamble: A Miss on Growth, Not on Income Procter & Gamble (NYSE:PG) was the disappointment of the group on price, down 9.2% from a year ago. However, shares finished at $145.79, up 4.0% year to date. Q4 FY26 revenue of $21.20 billion missed the $21.38 billion estimate, and the FY27 outlook of organic sales +1% to +3% with core EPS of $6.89 to $7.11 is workmanlike, not exciting.

For income buyers, however, this is still one of the safest checks in the market. The current quarterly payout is $1.0885, with an annualized forward payout of $4.354. Management just marked its 70th consecutive year of dividend increases and 136th consecutive year of dividend payments, cementing Dividend King status. FY26 free cash flow hit $15.835 billion, +12.74% year over year, and FY27 plans call for roughly $10 billion in dividends plus $5 billion in buybacks. Risks include a roughly $1 billion after-tax commodity and transport headwind in FY27.

Grade: C on price, A on income durability.

Brown-Forman: A Genuine Laggard Brown-Forman (NYSE:BF-A) was the clearest miss, −1.5% year on year, as spirits demand cooled in developed markets. Q4 FY26 GAAP EPS of $0.12 missed the $0.32 estimate after $132 million in non-cash brand impairments on Gin Mare and Diplomático.

The income case, however, is nearly untouchable. Brown-Forman logged its 82nd consecutive year of regular quarterly dividends and 42nd consecutive year of dividend increases, keeping it deep on the Aristocrat list. The Q4 FY26 payout of $0.2310 per share is well covered by FY26 free cash flow of $893 million, which was up 107% year over year. FY27 organic operating income was guided to −3% to −5%, and Citigroup bumped up its price target to $28 but kept a Neutral rating. The risks here are Jack Daniel’s volume softness and tariff exposure.

Grade: D on price, A on streak.

The New Picks Rounding out this update are three fresh Aristocrat-caliber names spanning cyclical, defensive, and industrial exposures. All three offer improving dividend coverage this fiscal year.

Albemarle: A Contrarian Aristocrat With Cyclical Torque Albemarle (NYSE:ALB) is the highest-conviction contrarian pick. The lithium producer has ripped 50.4% over the past year to $131.11, yet remains down 12.8% year to date and off 45.6% over five years. Q2 adjusted EPS of $3.75 beat by 15.72% on revenue of $1.74 billion (+31.1% year over year), with realized lithium prices recovering to $19.53/kg LCE from $12.17/kg.

Dividend safety is the debate. Free cash flow surged to $638 million in Q2, up 603% year over year, and cash stands at $1.63 billion against $10.28 billion of equity, with FY26 capex trimmed to roughly $500 million. That combination gives the payout runway even if lithium slips again. The bull case: operating leverage. Energy Storage revenue was +78% year over year at $1.28 billion with a 56.5% adjusted EBITDA margin. Risk: extreme lithium price sensitivity, plus operational hiccups including the Talison CGP3 fire and Kemerton Train 1 in care and maintenance.

Medtronic: The Clean Analyst Buy of the Bunch Medtronic (NYSE:MDT) offers the cleanest income setup here. Shares closed at $87.16, down 8.9% year to date but up 3.3% in the past month, with a low beta of 0.566. The current yield is 3.31%, backed by a $0.72 quarterly payout, an annualized forward $2.88. Management just marked its 49th consecutive year of dividend increases, one of the longest-running streaks in medical devices.

Coverage is the story. FY26 free cash flow was $5.426 billion (+4.65%) on $7.33 billion in operating cash flow, funding both the dividend and $1.035 billion in FY26 buybacks. FY27 guidance calls for organic revenue growth of 6.75% to 7.25% and non-GAAP EPS of $5.90 to $6.00. The CEO highlighted the “strongest annual top-line growth in 10 years.” Analysts are constructive, with a $98.44 mean price target. Risks include 230 basis points of Q4 operating-margin compression from tariffs and MiniMed separation costs.

Stanley Black & Decker: The Industrial Turnaround Stanley Black & Decker (NYSE:SWK) rounds out the list as the industrial turnaround. Shares are up 27.4% year to date and 35.1% over the past year, closing at $103.89. Q2 adjusted EPS of $1.57 beat $1.20 by 30.4%, and FY26 adjusted EPS guidance was lifted to $5.20 to $5.80.

The dividend just ticked higher, from $0.83 to $0.84 quarterly, taking the annualized forward to $3.36 at a yield of 3.2%. This is a well-documented multi-decade dividend grower. Coverage improved dramatically: Q2 free cash flow of $698.2 million, up 418%, and FY26 FCF guidance of $600 million to $800 million. Management also retired $1.7 billion of debt using CAM divestiture proceeds and repurchased $250 million in Q2. Analyst target stands at $96.91, so the easy money may be behind us, but the payout runway keeps widening. Note that roughly 250 basis points of Q2 gross margin came from a non-repeatable IEEPA tariff refund worth ~$0.17 in EPS.

The Takeaway The scorecard on the original four Aristocrats was two winners (AbbVie, Becton Dickinson), two laggards (Procter & Gamble, Brown-Forman) on price, though all four kept raising dividends on schedule. That is the point of owning Aristocrats: the income compounds regardless of what the multiple does in a given twelve months. Albemarle, Medtronic, and Stanley Black & Decker each offer a different flavor of the same trade, a cyclical rebound, a defensive compounder, and an industrial turnaround, with dividend coverage that has visibly improved this fiscal year.

Contact [email protected] for any questions or corrections.

New York, New York--(Newsfile Corp. - August 10, 2026) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against The Ensign Group, Inc. (NASDAQ: ENSG) ("Ensign" or the "Company").

CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION

If you are an Ensign investor and have suffered losses, or if you have information that could assist in the Ensign investigation, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

On June 8, 2026, Hunterbrook Media published a report entitled "Ensign: The Nursing Home Empire Built On Fatal Neglect." The report alleges that "Ensign's business model relies on delivering inadequate care to patients while gaming data on quality, according to Hunterbrook's five-month investigation." The report further alleges "[f]ormer employees in different states described systematic misrepresentations."

Following this news, the price of Ensign stock fell $13.88 per share, or 8.15%, to close at $156.42 per share on June 8, 2026.

WHY CONTACT KAPLAN FOX?

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 IONQ saw strong Q2 revenues from international customers and non-U.S. government clients.IONQ's multiproduct sales grew 40% year over year, nearing 25% of quarterly revenues.IONQ ended Q2 with $485 million in RPOs, up from $470 million sequentially and $122 million a year ago. IONQ (IONQ - Free Report) reported encouraging revenue trends across key drivers in the second quarter of 2026. Roughly half of the revenues came from international customers, spanning countries such as Australia, South Korea, Portugal, India, Denmark, Germany, Israel and Japan,

This quarter was especially strong for the international metric due to the quantum computing deployments. IONQ began shipments of subsystems to the Korea Institute of Science and Technology Information, or KISTI, and with QuantumBasel in Switzerland, its fifth-generation machine is in final assembly, alongside the fourth-generation machine previously purchased by the customer. The company now has solutions in more than 50 countries, with inbound interest coming from an even broader set of markets.

Commercial revenues remained strong as non-U.S. government customers generated 60% of second-quarter revenues, reflecting the real-world applications of IONQ’s quantum technologies.

Another revenue driver was multiproduct sales, which grew 40% year over year and comprise nearly 25% of quarterly revenues. IONQ remains encouraged by this opportunity, particularly through selling quantum computing and quantum security together. Management said demand for both offerings is high, creating further room to drive cross-selling.

Forward revenue visibility also improved, with IONQ ending the second quarter with $485 million in remaining performance obligations (RPOs). The figure increased from $470 million on a sequential basis and $122 million a year ago, providing one more indication of the company’s growing revenue pipeline.

IONQ’s Peer UpdatesD-Wave Quantum (QBTS - Free Report) posted $3.1 million in revenues in the second quarter of 2026, essentially flat yearover year.The company recognized revenues from approximately 100 customers, with commercial enterprises accounting for roughly 62.4% of revenues, up from 45.1% a year earlier.D-Wave’s QCaaS subscription revenues jumped 50% year over year to $1.9 million, while professional services revenues grew more than 18% to roughly $900,000. Systems and other revenues were $300,000, largely from installation and site preparation related to the $20 million Florida Atlantic University sale.

Rigetti (RGTI - Free Report) reported second-quarter 2026 revenues of $5.1 million, up from $1.8 million a year ago. The year-over-year increase was driven by on-premises Novera QPU sales, reflecting recognition of previously announced Novera purchase orders. Across Europe and Asia, RGTI is seeing a growing number of coordinated quantum initiatives. While commercial revenues remain early, engagement is increasing across industries such as materials, logistics and financial services as businesses explore hybrid and quantum-inspired workloads.

IONQ Stock Performance, Valuation and EstimatesYear to date, IonQ shares have dropped 0.9% compared to the industry’s 97.9% surge.

Image Source: Zacks Investment Research

IONQ is trading at a forward 12-month price-to-earnings (P/E) of 45.89X compared with the 5.21X industry average.  The stock carries a Value Score of F at present.

Image Source: Zacks Investment Research

Take a look at how estimates for the company’s earnings have been shaping up. 

Image Source: Zacks Investment Research

IONQ stock currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

ON Semiconductor (NASDAQ:ON | ON Price Prediction) currently trades at $81.17, while the Wall Street consensus price target sits at $108.88, leaving roughly 34% of implied upside. The Street-high target of Susquehanna Financial Group’s Christopher Rolland carries a $150 target points to roughly 85% of upside from here.

The Arizona-based chipmaker builds power management, analog and sensing silicon for electric vehicles, industrial automation and AI data center power delivery. Wall Street has been paying attention because AI data center revenue is now expected to more than double in 2026, a mix shift that could redefine the company’s growth algorithm after a punishing cyclical trough.

A Semi Selloff Erased the Spring Rally ON shares have fallen 13.46% over the past month and now trade nearly 40% below the 52-week high of $134.92 set in early June, unwinding a monster rally off the 2025 lows.

A broader semiconductor selloff hit the analog and power complex in late July. Concerns included increased competition from China, doubts about the sustainability of AI-related demand, and new U.S. tariffs impacting the supply chain. Skepticism around SiC expansion execution and automotive capacity underutilization layered on top.

The irony: Q2 2026 was a clean beat. Revenue of $1.60 billion grew 9.2% year over year, non-GAAP EPS of $0.74 and free cash flow of $425.4 million grew 300.94% year over year all topped consensus. The market did not care.

Why Susquehanna Sees 85% Upside Rolland’s bull thesis rests on three pillars the market appears to be discounting:

The first is silicon carbide and Treo dominance, with multi-year content-per-vehicle expansion tied to 800V EV powertrains. The second is AI data center power acceleration, where ON’s PMICs, smart power stages and high-efficiency MOSFETs are designed into next-generation server racks including NVIDIA Blackwell and Rubin platforms. The third is industrial and automotive recovery, where fab utilization and long-term supply agreements should provide operating leverage.

Of the 29 analysts covering ON, 1 rates it Strong Buy, 10 rate it Buy, and 18 rate it Hold, with no Sell ratings. The average $108.88 target implies meaningful upside, but the ratings mix flags conviction fatigue after 2025’s brutal cycle.

Management guides Q3 revenue of $1.65 billion to $1.75 billion and non-GAAP EPS of $0.81 to $0.93 with continued margin expansion. Design wins include the NVIDIA MGX ecosystem, a Great Wall platform deal for EliteSiC and silicon MOSFETs, and the Rivian R2. The planned Synaptics acquisition adds connected compute exposure at accretive margins.

The Peer Group Sold Off Together, But ON Fell Hardest The analog and power complex fell as a group, but ON took the deepest hit on a one-month basis. Every close peer sits below its consensus target.

NXP Semiconductors (NASDAQ:NXPI) has dropped 15.54% over the past month to $239.71, against a consensus target of $311.10 for roughly 30% implied upside. Coverage is heavily Buy-tilted at 6 Strong Buy, 17 Buy, 6 Hold and 1 Sell.

Microchip Technology (NASDAQ:MCHP) has held up better, down 0.94% over the past month at $84.69 versus a $111.71 consensus target, implying about 32% upside. Ratings skew Buy at 2 Strong Buy, 17 Buy and 6 Hold.

STMicroelectronics (NYSE:STM) has fallen 18.15% over the past month to $56.10, versus a $71.52 target for roughly 27% upside. Ratings are more balanced at 1 Strong Buy, 7 Buy and 7 Hold.

The largest analyst-implied upside in this peer set sits with ON. The market is treating ON as the highest-beta name in a group already trading below fair value, driven by sentiment rather than company-specific damage.

Where the Numbers Land ON currently trades at $81.17. The consensus target of $108.88 across 29 analysts implies roughly 34% upside; the Susquehanna Street-high of $150 implies roughly 85%.

Year to date, ON is up 49.9%, well ahead of the 13.39% gain in the S&P 500. Over one year, shares are up 70.56%. The 13.46% one-month drop is noise inside the signal.

Shares trade at a forward P/E of 25, elevated for a cyclical semi but reasonable if AI data center revenue truly doubles in 2026.

My Take: Watching the AI Data Center Ramp The bull case strengthens if AI data center revenue delivers on the doubling guide and SiC content per vehicle expands as EV architectures move to 800V. Gross margins would climb toward 40%-plus, operating leverage compounds, and Rolland’s $150 target starts to look conservative.

The bear case gains traction if this becomes a value trap. China competition could compress SiC pricing, tariffs disrupt supply, automotive underutilization drags margins, and the Synaptics deal creates integration risk. Analog and Mixed-Signal declined 2% year over year in Q2, so recovery is uneven.

On balance, lean bullish. The FCF inflection is real, AI data center wins are named customers rather than pipeline, and the Street-wide dislocation looks more like sentiment than fundamentals. Rolland’s 85% call is aggressive, but the consensus 34% upside strikes me as the more defensible base case for patient investors.

Contact [email protected] for any questions or corrections.

Did you analyze how F5 Networks (FFIV - Free Report) fared in its international operations for the quarter ending June 2026? Given the widespread global presence of this computer networking company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.

In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investors, the key is to grasp how reliant a company is on overseas markets, as this provides insights into the durability of its earnings, its ability to exploit different economic cycles, and its overall growth capabilities.

Being present in foreign markets serves as protection against local economic declines and helps benefit from more rapidly expanding economies. Yet, such expansion also introduces challenges related to currency fluctuations, geopolitical uncertainties and varied market behaviors.

Our review of FFIV's last quarterly performance uncovered some notable trends in the revenue contributions from its international markets, which are commonly analyzed and tracked by Wall Street experts.

The company's total revenue for the quarter amounted to $865.08 million, marking an increase of 10.9% from the year-ago quarter. We will next turn our attention to dissecting FFIV's international revenue to get a clearer picture of how significant its operations are outside its main base.

A Dive into FFIV's International Revenue TrendsAsia Pacific accounted for 15.1% of the company's total revenue during the quarter, translating to $130.48 million. Revenues from this region represented a surprise of -9.43%, with Wall Street analysts collectively expecting $144.07 million. When compared to the preceding quarter and the same quarter in the previous year, Asia Pacific contributed $143.97 million (17.7%) and $147.33 million (18.9%) to the total revenue, respectively.

Other generated $24.58 million in revenues for the company in the last quarter, constituting 2.8% of the total. This represented a surprise of +0.36% compared to the $24.49 million projected by Wall Street analysts. Comparatively, in the previous quarter, Other accounted for $22.55 million (2.8%), and in the year-ago quarter, it contributed $19.88 million (2.6%) to the total revenue.

Of the total revenue, $256.03 million came from Europe, Middle East and Africa during the last fiscal quarter, accounting for 29.6%. This represented a surprise of +7.77% as analysts had expected the region to contribute $237.58 million to the total revenue. In comparison, the region contributed $260.86 million, or 32.1%, and $202.07 million, or 25.9%, to total revenue in the previous and year-ago quarters, respectively.

Anticipated Revenues in Overseas MarketsWall Street analysts expect F5 to report a total revenue of $884.46 million in the current fiscal quarter, which suggests an increase of 9.2% from the prior-year quarter. Revenue shares from Asia Pacific, Other and Europe, Middle East and Africa are predicted to be 16.3%, 2.9%, and 28.1%, corresponding to amounts of $144.13 million, $25.88 million, and $248.8 million, respectively.

For the entire year, the company's total revenue is forecasted to be $3.36 billion, which is an improvement of 9% from the previous year. The revenue contributions from different regions are expected as follows: Asia Pacific will contribute 16.7% ($561.14 million), Other 3% ($99.51 million) and Europe, Middle East and Africa 29.8% ($1 billion) to the total revenue.

Concluding RemarksF5's reliance on international markets for revenues offers both opportunities and risks. Hence, keeping an eye on its international revenue trends could significantly help forecast the company's prospects.

In an era of growing international interdependencies and escalating geopolitical disputes, Wall Street analysts are vigilant in tracking these trends for businesses with a global reach, in order to refine their predictions of earnings. It should be noted, however, that a multitude of other elements, such as a company's domestic position, also play a significant role in shaping the earnings forecasts.

Here at Zacks, we put a great deal of emphasis on a company's changing earnings outlook, as empirical research has shown that's a powerful force driving a stock's near-term price performance. Quite naturally, the correlation is positive here -- an upward revision in earnings estimates drives the stock price higher.

With an impressive externally audited track record, our proprietary stock rating tool - the Zacks Rank - harnesses the power of earnings estimate revisions and serves as an effective indicator of a stock's near-term price performance.

At present, F5 holds a Zacks Rank #3 (Hold). This ranking implies that its near-term performance might mirror the overall market movement. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

F5 Networks' Recent Stock Market PerformanceThe stock has witnessed a decline of 7% over the past month versus the Zacks S&P 500 composite's an increase of 3.4%. In the same interval, the Zacks Computer and Technology sector, to which F5 belongs, has registered an increase of 2.8%. Over the past three months, the company's shares saw an increase of 10.4%, while the S&P 500 increased by 6%. In comparison, the sector experienced an increase of 3% during this timeframe.

, /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in Primoris Services Corporation (NYSE: PRIM) that securities class action lawsuit has been filed against the Company and certain current and former executives who are alleged to have misled investors about the company's project management capabilities. It seeks to represent investors who purchased or otherwise acquired shares of Primoris common stock between August 5, 2025 and June 22, 2026.

The lawsuit follows a second massive selloff in Primoris shares in six weeks – this time on June 23, 2026, when shares cratered another $23.29 (-21%). The first occurred on May 6, 2026, when Primoris shares crashed $101.69 (-50%). Both were triggered by surprise revelations of Primoris' project management problems.

The disclosures' toll was to erase well over $6 billion from Primoris' market capitalization between May 5, 2026 and June 23, 2026.

National shareholders rights firm Hagens Berman continues its investigation into claims that Primoris and the other Defendants violated the federal securities laws and encourages investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist the investigation to contact its attorneys.

Class Period: Aug. 5, 2025 – June 22, 2026
Lead Plaintiff Deadline: Sept. 21, 2026
Visit: www.hbsslaw.com/investor-fraud/prim
Contact the Firm Now: [email protected]
                                        844-916-0895

Primoris Services Corporation (PRIM) Securities Class Action:

During the Class Period, defendants repeatedly assured investors that Primoris maintained "disciplined bidding," "well-developed estimating processes," effective project controls, and reliable forecasting that enabled it to accurately price and execute fixed-price renewable energy projects, "manage risk," and reliably forecast revenues, margins, and earnings.

The complaint alleges that, in contrast to these assurances (and unknown to investors), the Defendants did not disclose that Primoris' estimating, cost-to-complete forecasting, and project oversight processes were woefully deficient. As a result, the company systematically underestimated project costs and risks on multiple significant renewable energy projects.

Investors learned the truth through a series of partial disclosures:

First, in February 2026, Primoris management attributed lower gross margins to "unexpectedly higher costs" at certain renewables projects, citing difficult soil and rock conditions that required additional labor and equipment. While management later downplayed the issue as being isolated to a single project—expressing confidence in their remedial measures—they simultaneously touted the company's ability to "accelerate project timelines" for 2026.

Second, on May 5, 2026, the market's confidence in Primoris' remedial measures was shattered when the company released its Q1 2026 financial results and revealed a staggering decline in the core Energy segment, with year-over-year revenues falling by $152.9 million (13.8%) and gross profits plunging by nearly 40%.

CEO Koti Vadlamudi admitted the next day during the May 6 earnings call that Primoris' financial results were battered by cost pressures across multiple solar projects. Moving beyond the "rock and soil" reason used just months prior, Vadlamudi cited a litany of execution-related factors as the cause of the margin collapse:

Project Redesigns: Costly changes to existing plans. Labor Issues: Inability to manage specific workforce demands. Sequencing Errors: Failures in project management and timing. Weather Disruptions: Further complicating already delayed timelines. Finally, after the markets closed on June 22, 2026, Primoris shocked investors when it announced that "[a]dditional challenges and cost overruns were identified as a result of continued progress on projects in the Company's Renewables business." Importantly, as a result of ongoing problems in six projects and additional challenges, Primoris said its 2026 renewables business revenues would decline 30% ($900 million) from the $3 billion revenues reported for 2025.

"We're focused on when Primoris' management learned of the full scope of the company's renewables problems, including the apparent inadequacy of remediation measures," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Primoris and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

If you'd like more information and answers to other frequently asked questions about the firm's Primoris investigation, read more »

Whistleblowers: Persons with non-public information regarding Primoris should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

New hotels in Euless, Texas and Bend, Oregon expand the brand's footprint in high-demand destinations as the company's upscale momentum continues 

, /PRNewswire/ -- Cambria® Hotels, an upscale brand of Choice Hotels International, Inc. (NYSE: CHH), continues to grow its footprint with the opening of two thoughtfully designed hotels in sought-after destinations across the country: Cambria Hotel Euless – DFW Airport South in Texas and Cambria Hotel Bend – Mt. Bachelor in Oregon. The new properties further strengthen Cambria's presence in key leisure and business travel markets, bringing the brand's upscale hospitality experience to two high-demand destinations.

Cambria Hotel Bend - Mt. Bachelor exterior

Cambria Hotel Bend - Mt. Bachelor courtyard

Cambria Hotel Bend - Mt. Bachelor fitness center

Cambria Hotel Bend - Mt. Bachelor bathroom

Cambria Hotel Bend - Mt. Bachelor bar

Cambria Hotel Euless - DFW Airport South bar

Cambria Hotel Euless - DFW Airport South bar

Cambria Hotel Euless - DFW Airport South fitness center

Cambria Hotel Euless - DFW Airport South bed

Cambria Hotel Euless - DFW Airport South bathroom

Cambria Hotel Euless - DFW Airport South exterior

Cambria Hotel Bend - Mt. Bachelor bed

Designed for modern upscale travelers, Cambria Hotels offers guests a distinct sense of place through design-forward accommodations, flexible food and beverage offerings, and experiences that reflect the surrounding community. These new properties further the Cambria brand's expansion into dynamic markets where business, leisure, and lifestyle travel intersect.

"Cambria has always been about creating a true sense of place for our guests, and that strong foundation continues to translate into meaningful growth," said Indy Adenaw, Senior Vice President, Upscale Segment, Choice Hotels International. "We're excited to welcome travelers to these outstanding new properties in Bend and the Dallas-Fort Worth region, two destinations that exemplify the kind of vibrant markets where Cambria thrives. These openings reflect the dedication of our owners, developers, and teams, whose commitment helps us deliver memorable experiences that today's upscale travelers seek while continuing to strengthen Choice Hotels International's upscale portfolio."

The two openings contribute to the expansion of Choice Hotels' upscale portfolio with more than 75 hotels open across the United States and more than 50 properties in the pipeline, representing a presence in approximately 75% of the top 25 U.S. markets. Upcoming openings are expected in key destinations including Boston; Colorado Springs, Colo.; Jacksonville, Fla.; and the brand's first hotel in Canada, further extending Cambria's presence in strategic markets across North America.

Cambria Hotels plays an important role in Choice Hotels International's broader upscale and upper upscale strategy. Through a portfolio that includes Cambria Hotels, Ascend Collection, Radisson, Radisson Blu, and Radisson Individuals, Choice Hotels is offering owners and developers a compelling suite of brands designed to compete in some of the industry's most sought-after segments. Together, these brands help meet the rising demand for distinctive, experience-driven accommodations while creating additional opportunities for owners to benefit from Choice Hotels' powerful distribution platform, industry-leading franchisee support, and award-winning rewards program, Choice Privileges®.

Choice Hotels continues to expand its upscale footprint in response to evolving traveler preferences and demand for distinctive hospitality experiences. Across leisure destinations, major metropolitan areas, and fast-growing business hubs, the company's upscale brands are strategically positioned to create value for owners while delivering memorable stays for guests.

"Cambria's growth is driven by a disciplined approach that creates long-term value for owners while expanding the brand in markets with strong demand," said Mark Shalala, Senior Vice President, Development, Upscale Brands, Choice Hotels International. "The openings in Oregon and Texas reflect our focus on strategic destinations that strengthen Cambria's presence and support the continued growth of Choice Hotels' upscale portfolio."

Cambria Hotel Euless – DFW Airport South

Conveniently located in the heart of the Dallas-Fort Worth Metroplex, the Cambria Hotel Euless – DFW Airport South delivers upscale accommodations and seamless access to one of the nation's busiest transportation hubs. The property features 107 design-forward guestrooms and suites, an on-site restaurant and bar serving locally inspired fare, and complimentary airport transportation, offering travelers a convenient and elevated stay experience just minutes from Dallas Fort Worth International Airport. Guests can also enjoy modern meeting facilities and easy access to major attractions throughout the region.

The hotel's location provides convenient access to AT&T Stadium, historic downtown Grapevine, and numerous entertainment, dining, and business destinations throughout North Texas. Positioned in one of the country's fastest-growing metropolitan areas, the hotel reflects Cambria's commitment to delivering upscale accommodations that blend thoughtful design, local character, and convenience for both business and leisure travelers.

Cambria Hotel Bend – Mt. Bachelor

Located in the heart of Central Oregon, the Cambria Hotel Bend – Mt. Bachelor offers guests convenient access to the region's renowned outdoor recreation, thriving food and beverage scene, and cultural attractions. Situated near the Old Mill District and Downtown Bend, the hotel features 131 design-forward guestrooms and suites, an on-site restaurant and bar, and inviting outdoor gathering spaces complete with a fire pit and cornhole, while placing travelers just minutes from top destinations including the Deschutes River, Hayden Homes Amphitheater, and Mount Bachelor.

Bend has emerged as one of the Pacific Northwest's premier outdoor destinations, attracting residents and visitors alike with its natural beauty, year-round recreation, and vibrant downtown. In addition to world-class skiing and mountain biking at nearby Mount Bachelor, the city is home to one of the nation's most celebrated craft beer scenes and has experienced significant population growth in recent years. Conveniently located near local dining, shopping, and entertainment, the hotel reflects Cambria's commitment to delivering elevated, locally inspired experiences in destinations travelers are eager to explore.

Cambria hotels participate in Choice Privileges®, the award-winning hotel rewards program, which recently launched an all-new rewards experience enabling members to earn more rewards more frequently, achieve Elite status faster, and access exclusive benefits designed to help get the most from every stay. Members can earn and redeem points for reward nights at Cambria hotels, as well as at more than 7,000 properties across a diverse portfolio of brands in 46 countries and territories.

About Choice Hotels®

Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. The challenger in upscale and a leader in midscale and extended stay, Choice® has over 7,500 hotels, representing more than 660,000 rooms, in 49 countries and territories. A diverse portfolio of 22 brands that range from full-service upper upscale properties to midscale, extended stay and economy enables Choice® to meet travelers' needs in more places and for more occasions while driving more value for franchise owners and shareholders. The award-winning Choice Privileges® rewards program and co-brand credit card options provide members with a fast and easy way to earn reward nights and personalized perks. For more information, visit choicehotels.com.

About Cambria® Hotels: Going Places™

The Cambria Hotels brand is designed for the modern traveler, offering guests a distinct experience with simple, guilt-free indulgences allowing them to treat themselves while on the road. Cambria properties feature compelling design inspired by the location, spacious and comfortable rooms, flexible meeting spaces, enhanced beverage options and small plates with flavors inspired by the destination. Cambria Hotels is rapidly expanding in major U.S. cities, with more than 75 hotels open in locations like Chicago, New York, Los Angeles, Washington, D.C., Nashville, and Phoenix. To learn more, visit www.choicehotels.com/cambria.

Forward-Looking Statements

This press release includes "forward-looking statements" about future events, including anticipated hotel openings, development pipeline growth, and brand expansion. Such statements are subject to numerous risks and uncertainties, including changes in economic conditions, travel demand, development timelines, and other factors discussed in Choice Hotels International's filings with the Securities and Exchange Commission. Actual results may differ materially from those expressed or implied in these forward-looking statements, and Choice undertakes no obligation to update them.

Addendum

This is not an offering. No offer or sale of a franchise will be made except by a Franchise Disclosure Document first filed and registered with applicable state authorities. A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 915 Meeting Street, Suite 600, North Bethesda, MD 20852, or by email at [email protected].

SOURCE Choice Hotels International, Inc.

Archer Aviation ACHR shares surged nearly 20% on Monday after the announcement that the electric air taxi maker would acquire Boeing’s autonomous aviation unit Wisk Aero, along with drone business Insitu and airspace technology provider SkyGrid.

The all-stock transaction will leave Boeing with a nearly 20% stake in the combined company while also giving the aerospace giant continued access to Wisk’s autonomous flight technology through a long-term collaboration agreement.

The deal marks one of the biggest consolidations in the emerging electric vertical takeoff and landing (eVTOL) industry, as companies race to commercialize urban air mobility and autonomous aviation technologies.

The acquisition significantly broadens Archer’s business beyond commercial electric air taxis.

Last month, it also unveiled a new autonomous aircraft platform developed jointly with defense technology company Anduril Industries.

Besides Wisk’s autonomous flight platform, Archer will add Insitu’s military-grade unmanned aircraft systems and SkyGrid’s airspace management capabilities, helping the company strengthen both its commercial aviation and defense businesses.

The companies said the combination would create an integrated platform spanning autonomous flight, artificial intelligence, drones and air traffic management.

"Wisk, SkyGrid and Insitu have pioneered and incubated core autonomous flight technologies for the future that, in combination with Archer’s air taxi, UAS and AI technologies, will bring new and innovative solutions to the market," the companies said in a joint statement.

According to the statement, the three businesses together bring nearly two million combined flight hours, creating what Archer described as a strong foundation for its ZEE artificial intelligence platform.

"These companies, with nearly two million combined flight hours, are expected to bring a deep autonomy foundation to Archer’s ZEE artificial intelligence platform. This positions Archer to deliver an end-to-end physical AI platform across commercial aerospace, defense and air traffic management that can lead the next generation of aviation," the statement added.

Archer founder and chief executive Adam Goldstein described the acquisition as transformational.

"This is a watershed moment for Archer and the future of physical AI in aerospace and defense. This is the next big step forward in becoming a diversified platform, rapidly growing our revenue base and bringing scale to our business," Goldstein said.

For Boeing, the transaction fits into chief executive Kelly Ortberg’s strategy of simplifying the company and concentrating resources on its commercial aircraft, defense and space businesses.

Under the agreement, Boeing will not only receive nearly one-fifth ownership in Archer but will also gain the right to purchase up to $200 million worth of Archer shares over the coming years at predetermined prices.

The aerospace manufacturer will also secure a seat on Archer’s board while retaining access to Wisk’s autonomous flight technology for future commercial and military aircraft through a technology-sharing agreement.

Brian Yutko, Boeing vice president and former chief executive of Wisk, said the partnership would benefit both companies.

"This transaction is a win-win for Boeing and Archer," Yutko said.

"Having worked with the incredible teams in these companies firsthand, it’s clear this transaction will create an industry leader in the advanced aviation market."

Since assuming the role of chief executive in August 2024, Ortberg has repeatedly emphasized the need to simplify Boeing’s structure after years of operational and financial challenges.

Just months after taking charge, he outlined the company’s restructuring priorities.

"We need to reset priorities and create a leaner, more focused organization," Ortberg said in October 2024.

The agreement also marks a dramatic turnaround in the relationship between Archer and Wisk.

The two companies were locked in a high-profile legal dispute in which Wisk accused Archer of stealing proprietary information.

That conflict ended in 2023 after both firms reached a settlement, with Boeing making an undisclosed investment in Archer as part of the agreement.

Wisk itself was established in 2019 through a partnership between Boeing and Kitty Hawk, the aviation startup backed by Google co-founder Larry Page.

Since then, Wisk has focused on developing autonomous eVTOL aircraft, while Archer has concentrated on piloted electric air taxis.

Archer is targeting commercial eVTOL operations by late this year or early next year, making autonomous flight capabilities increasingly valuable as regulators gradually move toward approving pilotless aircraft.

The addition of Wisk, SkyGrid and Insitu gives Archer technologies covering aircraft autonomy, drone operations and airspace management, potentially positioning the company as a broader advanced aviation platform rather than solely an urban air taxi developer.

For Boeing, the transaction allows it to reduce exposure to non-core businesses while maintaining a strategic interest in autonomous aviation through its investment in Archer and continued access to Wisk’s technology.

The deal reflects a growing convergence between commercial aviation, defense systems, artificial intelligence and autonomous flight, areas that many industry executives expect to define the next phase of aerospace innovation.

New York, New York--(Newsfile Corp. - August 10, 2026) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against GoDaddy Inc. (NYSE: GDDY) ("GoDaddy" or the "Company").

CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION

If you are a GoDaddy investor and have suffered losses, or if you have information that could assist in the GoDaddy investigation, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

On February 24, 2026, after markets closed, GoDaddy reported fourth quarter and full year 2025 financial results. During the Company earnings call to discuss the results, GoDaddy disclosed the "introduc[tion] [of] a promotional price for dotcom domains with a one year term" in the fourth quarter. Further, GoDaddy's Chief Financial Officer stated "the demand for this offer was greater than [the Company] expected and the shift in term mix combined with the promotional price reduced upfront bookings and near-term revenue." The Company "also anticipate[s] a modest impact on reported revenue growth rates for the year in both Core Platform and A&C segments as the promotional price is allocated to all products included in the initial purchase."

The first trading day following this news, the price of GoDaddy stock fell $13.18 per share, over 14%, to close at $79.12 per share on February 25, 2026.

WHY CONTACT KAPLAN FOX?

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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/godaddy-inc-shareholder-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308867

Source: Kaplan Fox & Kilsheimer LLP

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Key Takeaways MPLX raised 2026 growth capital spending to $2.9 billion, with over 90% targeting gas and NGL infrastructure.New projects should strengthen second-half results and support mid-single-digit adjusted EBITDA growth.MPLX's 3.7X leverage and premium valuation leave less room for project delays or slower cash-flow growth. MPLX LP (MPLX - Free Report) is expanding its natural gas and natural gas liquids (NGLs) infrastructure while continuing to generate durable cash flow and increase distributions. The growth runway is visible, but so are the demands created by a larger capital program.

For investors, the trade-off is increasingly about execution. Higher leverage, rising financing costs and a valuation near the top of MPLX's historical range leave less room for project delays or slower cash-flow growth.

MPLX Growth Spending Raises the StakesMPLX raised its 2026 growth capital outlook by $500 million to $2.9 billion, mainly because it accelerated spending on Gulf Coast fractionation. More than 90% of organic growth capital is directed toward natural gas and NGL infrastructure.

The spending reflects a broader midstream push to add capacity around rising gas demand. Kinder Morgan, Inc. (KMI - Free Report) has a $10.1 billion committed growth project backlog, while The Williams Companies, Inc. (WMB - Free Report) is advancing projects such as the Northeast Supply Enhancement expansion of its Transco system. For MPLX, the larger program raises the importance of keeping construction schedules and returns on track.

MPLX Balances Growth Ambitions With Capital DisciplineMPLX’s 2026 strategy centers on mid-single-digit growth, supported by expanding integrated value chains, a larger sour gas treating platform and its substantial Marcellus footprint. The partnership also remains committed to capital returns through distribution growth and buybacks, reinforcing the durability of its cash flows. However, sustaining these returns while funding a larger project slate keeps capital discipline and financial flexibility in focus.

Image Source: Zacks Investment Research

MPLX Projects Could Lift Cash FlowSecretariat I entered service in April, while Harmon Creek III began operations in August. The BANGL pipeline expansion, Blackcomb pipeline and Titan sour gas treating expansion are expected to enter service in the fourth quarter, adding processing, takeaway and treating capacity.

These additions are expected to support a stronger second half. Management continues to target mid-single-digit adjusted EBITDA growth in 2026, with the sequencing and ramp-up of projects positioning MPLX for stronger adjusted EBITDA growth in 2027.

MPLX Leverage Narrows Financial FlexibilityMPLX ended the second quarter with about $25.64 billion of total debt and a leverage ratio of 3.7X, up from 3.1X a year earlier. Net interest and other financial costs increased to $289 million from $234 million.

Cash generation remains meaningful, with second-quarter distributable cash flow of $1.45 billion. Still, distribution coverage was 1.3X versus 1.5X a year earlier, so timely project contributions matter more as capital spending and financing costs rise.

MPLX Earnings Outlook Points to a 2027 RecoveryThe Zacks Consensus Estimate calls for MPLX’s 2026 earnings to decline 11.4% year over year to $4.27 per unit, reflecting near-term earnings pressure as capital spending remains elevated. Third-quarter earnings are projected at $1.13 per unit, down 25.7% from the year-ago period, while the fourth-quarter estimate of $1.16 implies a modest 0.9% decline. For 2027, however, earnings are expected to rebound 10.2% to $4.71 per unit, suggesting that cash-flow contributions from new projects could become more visible as the investment cycle progresses.

Image Source: Zacks Investment Research

MPLX Valuation Leaves Less Room for ErrorMPLX trades at 13.4X forward 12-month earnings, close to its five-year high of 13.4X and above its five-year median of 10.1X. That premium to its own history increases the importance of delivering the expected growth from new infrastructure.

The valuation is supported by expanding gas and NGL operations and a 7.3% dividend yield, but it also reduces the cushion if project ramps disappoint or higher financing requirements pressure financial flexibility.

MPLX Signals Favor Patience Over ChasingThe balance of visible project growth and higher capital demands supports a measured view on MPLX. The partnership has multiple assets moving into service and continues to target distribution growth, but leverage, coverage and valuation make execution increasingly important.

MPLX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Its Momentum Score of A is favorable, but a Value Score of C, Growth Score of D and VGM Score of D show a less supportive mix across other investment styles. The combination argues for patience rather than chasing the units after their recent gains.

TD Securities’ commodity strategists report that Gold is holding gains after weaker US jobs data reduced perceived Fed hike risks, but CTAs (Commodity Trading Advisors) are unwinding length. They argue that with energy prices rising again, the stagflation narrative must strengthen for Gold to rally further, and note that prices need to exceed $4,400/oz for CTAs to re-add length.

CTAs trim exposure despite support"Precious metals hit pause. The yellow metal is holding gains after the weaker jobs numbers further questioned the probability of coming Fed hikes."

"However, with energy prices grinding higher again, the stagflation narrative will need to solidify to see gold follow suit."

"For now, Asian appetite from top SHFE traders and continued ETF inflows offer support."

"CTAs on the other hand have begun unwinding length, with prices needing to top $4,400/oz to add back the length."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

Rigetti Computing (RGTI +1.44%) stock has been on a tear, and the rally is not random trading noise. It is being fueled by a string of company announcements that, taken together, make Rigetti look less like a tiny lab project and more like an emerging strategic asset in government-backed quantum infrastructure. The excitement is understandable, even if the risk is still very real.

A CHIPS Act endorsement that changes the narrative The turning point was Rigetti's announcement on May 21 that it had signed a letter of intent with the U.S. Department of Commerce for an award of up to $100 million over three years under the CHIPS and Science Act. That money is earmarked for superconducting quantum computing research and development, aimed at tackling the hard engineering problems of scaling multi-chip quantum processors.

Image source: Getty Images.

Under the letter of intent, the Department of Commerce would receive an equity stake in Rigetti equal to the funding amount, issued at an implied price based on the lowest closing share price around the key dates, discounted by 15%. In plain language, the U.S. government is prepared to become a shareholder in Rigetti at a valuation that reflects its pre-surge trading level.

For many investors, this looks like validation that this technology and this company belong in the national strategic toolkit, not just in speculative portfolios.

A 100-million-dollar U.K. bet on 1,000-plus qubits Around the same time, Rigetti announced plans to invest up to $100 million in the United Kingdom to deploy a quantum computer with more than 1,000 qubits within the next three to four years. This is the company's first major investment outside the U.S., building on an existing 36-qubit system at the U.K.'s National Quantum Computing Center.

The U.K. plan is not happening in a vacuum. It explicitly ties into the British government's 2-billion-pound quantum program, which aims to procure large-scale quantum systems by the early 2030s. Investors look at that combination -- a concrete qubit target, a clear deployment window, and alignment with a major public program -- and see a path in which Rigetti's hardware could become embedded in long-term national infrastructure, rather than just short-term cloud experiments.

Today's Change

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Under the rally, a business still in early innings Behind the headlines, Rigetti's own first-quarter 2026 numbers remind you that this is still an early-stage story. On its earnings call, the company reported revenue of $4.4 million, up from $1.5 million a year earlier, largely driven by deliveries of on-premises NOVA quantum processing units and government research contracts. Gross margin improved to about 31%, but operating loss widened to roughly $26 million as the company spent heavily on research and development and commercialization.

So the rally is being driven less by current profits and more by the idea that with U.S. CHIPS funding, U.K. co-investment, and growing hardware deployments, Rigetti is finally getting the runway and partners it needs to chase scale. That is a powerful story, but investors should keep the other side of it in view.

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million

Bitmine is 96% of the way to the 'Alchemy of 5%' in just 14 months

In July, ETH outperformed Nasdaq 100 by 2,500 basis points, the largest since July 2025, reflective of the strengthening fundamentals of crypto

Bitmine repurchased 3.0 million common stock in the past week, and has repurchased over 19 million shares cumulatively since July 2026 under its previously announced $4 billion share repurchase program

Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026

Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP

Bitmine has 5,067,309 staked ETH, representing $9.8 billion at $1,928 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors

Bitmine owns $69 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $11.6 billion, including 5.81 million ETH tokens, total cash & marketable securities of $104 million, and other crypto holdings

Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $11.6 billion.

As of August 9, 2026 at 6:30pm ET, the Company's crypto holdings are comprised of 5,805,238 ETH at $1,928 per ETH (per Coinbase), 209 Bitcoin (BTC), $180 million stake in Beast Industries, $69 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $104 million. Bitmine's ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).

"We are disappointed that the CLARITY Act will not see a Senate vote before the August recess, but financial markets seem more focused on the recent softer inflation and jobs data.  The odds of a Sept. hike by the Federal Reserve have fallen to 40% from 75% two weeks ago," stated Thomas "Tom" Lee, Chairman of Bitmine.  "We expect easing financial conditions to be a tailwind for crypto."

"Since Bitmine pivoted to an Ethereum Treasury strategy on June 30 of last year, sizable outperformance of ETH vs Bitcoin (monthly) has typically been followed by Bitmine's shares outperforming ETH over the following month. In July, ETH outperformed Bitcoin by 1,100bp similar to July 2025, Dec 2025, March 2026 and in those instances, Bitmine's shares saw strong outperformance over ETH in the following two months." continued Lee.

"We continue to view Bitmine's common shares as undervalued and the Company repurchased 3 million shares during the past week, bringing total common equity repurchases to over 19 million common shares since the start of July. This buyback remains the largest ever executed by any Ethereum, Bitcoin or crypto DAT (Digital Asset Treasury)," continued Lee. Since July 1, 2026, Bitmine has repurchased 19.1 million shares of common stock under the previously authorized $4 billion share repurchase program.  

"Over the past week, we acquired 7,391 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025 about 14 months ago," stated Lee.

On July 16, 2026, Bitmine released the latest Chairman's Message (link here) for July 2026. The title of the Message is "ETH is the cure for the Uncanny Valley of Wealth."

Earlier in 2026, Bitmine launched MAVAN (the Made in American VAlidator Network), the institutional grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of August 9, 2026, Bitmine total staked ETH stands at 5,067,309 ($9.8 billion at $1,928 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $294 million on an annualized basis (using 2.63% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now projected at $257 million. And this 5.1 million ETH is 87% of the 5.81 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.63% (annualized)," continued Lee.

Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 842,138 BTC valued at approximately $59 billion. Bitmine remains the largest ETH treasury in the world. 

Bitmine management believes the GENIUS Act and the Securities and Exchange Commission's (SEC) Project Crypto are as transformational to financial services in 2026 as the US action on August 15, 1971, which ended the Bretton Woods system and took the U.S. dollar off the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/ 

To stay informed, please sign up at: https://Bitminetech.io/contact-us/ 

About Bitmine
Bitmine Immersion Technologies, Inc. (NYSE: BMNR), and its subsidiaries ("Bitmine" or the "Company"), is a blockchain technology infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital asset management. As the world's leading Ethereum Treasury company, it implements an innovative digital asset strategy for institutional investors and public market participants. The Company provides institutional-grade staking and validation infrastructure—through which it earns staking rewards and validation income—alongside bitcoin mining activities. Bitmine holds digital assets strategically, generating yield on those holdings to support liquidity and capital formation. During 2025, the Company expanded its blockchain infrastructure capabilities, including developing and deploying MAVAN, its institutional staking and validation platform. The Company's activities further include investments in early-stage blockchain opportunities ("moonshot" investments) and ancillary mining, hosting, and consulting services.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include all statements that are not purely historical and can generally be identified by terms such as "expects," "projects," "intends," "plans," "believes," "anticipates," "estimates," "forecasts," "targets," "goals," "may," "will," "would," "could," "should," or similar expressions, or the negative of such terms, or other comparable terminology. This press release specifically contains forward-looking statements regarding, among other things: (i) the Company's goal of acquiring 5% of the total ETH supply (the "Alchemy of 5%" initiative) and statements regarding its progress toward this goal; (ii) the Company's digital asset accumulation and treasury strategy, including statements regarding continued weekly ETH acquisitions and the Company's status as the largest ETH treasury in the world; (iii) the Company's staking operations, including projected annualized ETH staking rewards of approximately $294 million (assuming Bitmine's ETH is fully staked by MAVAN and its staking partners at scale), current projected annualized staking revenues of approximately $257 million, and the 7-day yield of 2.63% (annualized); (iv) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure; (v) the Company's $4 billion share repurchase program, including statements regarding the execution, size, and potential accretive value of such program; (vi) management's views regarding the valuation of the Company's common shares and expectations regarding future stock price performance relative to ETH and other digital assets; (vii) expectations regarding the relationship between ETH performance versus Bitcoin or the Nasdaq 100 and subsequent performance of the Company's shares; (viii) statements regarding the impact of macroeconomic factors, including Federal Reserve policy, inflation data, and labor market conditions, on digital asset markets and financial conditions; (ix) management's belief that the GENIUS Act and SEC Project Crypto are transformational to financial services; (x) statements regarding the Company's investment in Eightco Holdings (NASDAQ: ORBS) as providing indirect exposure to OpenAI; and (xi) the future growth, advancement, and strategic direction of the Company's Ethereum treasury strategy and blockchain infrastructure capabilities.

These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause or contribute to such differences include, but are not limited to: the extreme volatility and unpredictability of digital asset prices, including ETH and Bitcoin; changes in market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; the Company's ability to successfully execute its digital asset acquisition strategy and achieve its ETH accumulation targets; the Company's ability to finance its business operations, Ethereum treasury operations, MAVAN expansion, and share repurchase activities; operational, security, and technological risks associated with the Company's staking and validation operations, including network failures, cybersecurity breaches, and protocol changes; competition in the digital asset treasury, staking, and mining industries; the Company's dependence on key personnel, including executive leadership; regulatory developments affecting digital assets, blockchain technology, and staking activities in the United States and globally, including the ultimate enactment, implementation, and interpretation of the GENIUS Act, CLARITY Act, and other pending legislation and regulatory initiatives; actions by the SEC, CFTC, and other regulatory bodies affecting digital assets and related businesses; risks related to the Company's investments in early-stage blockchain opportunities ("moonshot" investments), including the investment in Eightco Holdings; macroeconomic factors, including inflation, interest rates, Federal Reserve monetary policy, and general economic conditions affecting investor sentiment toward digital assets; changes to the Ethereum protocol, including staking mechanics, validator requirements, and reward structures; risks related to AI systems and their potential impact on cryptocurrency markets and blockchain technology; the performance of third-party service providers, exchanges, and custodians; risks related to the concentration of the Company's assets in digital currencies; and the other risk factors described in the Company's filings with the SEC.

The forward-looking statements contained in this press release are based on information available to management as of the date of this release and reflect management's current expectations, estimates, forecasts, and projections, as well as management's assumptions and beliefs concerning future events. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including those described above and in the Risk Factors section of the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2025 filed with the SEC on November 21, 2025, the Company's Quarterly Reports on Form 10-Q, and the Company's other filings with the SEC, as amended or updated from time to time. Copies of these filings are available on the SEC's website at www.sec.gov and on the Company's website at https://Bitminetech.io/investor-relations/. Forward-looking statements speak only as of the date on which they are made. Bitmine expressly disclaims any obligation or undertaking to update, revise, or supplement any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statements are based, except as required by applicable law or regulation.

SOURCE Bitmine Immersion Technologies, Inc.

Cyberhawk expands Ondas' leadership in critical infrastructure intelligence with AI-enabled drone inspection, visual data management, and asset analytics

Expands Ondas' reach into high-value critical infrastructure and industrial inspection markets that are growing rapidly, driven by technology and regulatory advancements

WEST PALM BEACH, FL / ACCESS Newswire / August 10, 2026 / Ondas Inc. (NASDAQ:ONDS) ('Ondas' or the 'Company'), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, today announced the completion of its previously announced acquisition of Cyberhawk, a global leader in drone-enabled inspection, visual data management and AI-powered asset intelligence solutions for critical infrastructure operators.

The acquisition significantly expands Ondas' capabilities in critical infrastructure intelligence by adding Cyberhawk's software-enabled inspection platform, AI-driven analytics and global customer relationships. Cyberhawk has decades of operational expertise serving utilities, energy, renewables, mining and industrial customers. Together with Ondas' scaled operating platform and autonomous systems portfolio, Cyberhawk is now positioned to accelerate growth while further strengthening its leadership position in the rapidly expanding drone inspection services market.

"The addition of Cyberhawk accelerates the development of Ondas' growth platform across high value critical infrastructure and industrial markets that are now growing rapidly, driven by technology and regulatory advancements," said Eric Brock, Chairman and CEO of Ondas. "Ondas is a dual-purpose company, and we will invest with the intent to establish market leadership in this important end market. As we integrate Cyberhawk with our broader platform, including the leveraging of our enterprise-wide Palantir Foundry deployment, we expect to unlock additional value through enhanced data integration, AI-enabled workflows and greater operational efficiency across the business."

Cyberhawk has built a global reputation for delivering drone-enabled inspection and visual asset intelligence solutions to many of the world's largest infrastructure owners and operators. Its proprietary visual data management platform, AI-enabled analytics and highly skilled inspection teams provide customers with actionable insights that reduce costs, improve asset performance and support predictive maintenance. Combined with Ondas' expanding portfolio of autonomous aerial systems, robotics and AI software, the combined company is positioned to deliver a comprehensive infrastructure intelligence platform at global scale.

The completion of the Cyberhawk acquisition further advances Ondas' strategy of building a comprehensive autonomous intelligence platform that integrates intelligent sensing, autonomy, AI-powered analytics and mission execution across defense, security and critical infrastructure markets.

For additional information regarding the acquisition, please see the Current Report on Form 8-K to be filed with the Securities and Exchange Commission later today. In connection with the acquisition, the Company approved inducement grants of restricted stock units (RSUs) representing 1,601,593 shares of the Company's common stock and stock options exercisable for 1,290,000 shares of the Company's common stock with an exercise price of $9.11 per share to a total of 47 employees newly-hired in connection with the acquisition. The equity awards were granted pursuant to the Nasdaq Rule 5635(c)(4) inducement grant exception as a component of each individual's employment compensation and were granted as an inducement material to his or her acceptance of employment with the Company. RSUs representing (i) 1,097,687 shares of the Company's common stock vest semi-annually over two years following the closing date, subject to the applicable employee's continued employment with the Company, (ii) 460,000 shares of the Company's common stock vest one-third on August 10, 2027 and subsequently in eight equal quarterly installments, subject to the applicable employee's continued employment with the Company, and (iii) 43,906 shares of the Company's common stock vest on the closing date. Stock options representing 1,290,000 shares of the Company's common stock vest one-third on August 10, 2027 and subsequently in twenty-four equal monthly installments, subject to the applicable employee's continued employment with the Company.

About Ondas Inc.
Ondas Inc. (NASDAQ:ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas' solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.

For additional information on Ondas Inc., visit Ondas Inc.

Forward-Looking Statements
Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Contacts

IR Contact for Ondas Inc.
888-657-2377
[email protected]

Media Contact for Ondas Inc.
Escalate PR
[email protected]

Preston Grimes
Marketing Manager, Ondas Inc.
[email protected]

SOURCE: Ondas Inc.

By PYMNTS  |  August 10, 2026

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Meta’s CEO has shared his vision for AI as the company releases its latest model.

Mark Zuckerberg published a 6,510-word essay Monday (Aug. 10) outlining a future where everyone has “free or affordable access” to what he calls Meta’s superintelligence tools, including personal artificial intelligence (AI) agents.

“For everyone to be part of the future, everyone must have the ability to use superintelligence to improve their lives and shape the world,” Zuckerberg wrote. “We will offer free versions that will be accessible to billions of people.”

Sharing the technology that widely, Zuckerberg argued, will “check and balance the power of institutions,” governments and businesses included.

“Most other labs are focused on building AI for companies, governments, or other institutions. So if those labs lead, then the balance of power will favor larger institutions over individuals,” Zuckerberg added.

The essay also calls for deeper collaboration between AI labs and the government, letting the government examine AI models earlier in the development process.

“This way, the government gains a security capability without restricting or delaying individuals’ access to personal superintelligence or causing an imbalance of power,” Zuckerberg wrote.

Meanwhile, Meta is instituting a new governance system which gives its board the authority to establish safety criteria for AI models and determine if new models meet those standards.

“I do not think it is in my, Meta’s, or the world’s best interests for me or anyone else to be a sole decision maker on how superintelligence is deployed,” he wrote, adding that there should be “an industrywide version of this process.”

Also Monday, Meta debuted Muse Glimmer, the next model from its Meta Superintelligence Labs, saying it was open sourcing the model weights.

“Muse Glimmer is a 30-billion-parameter model optimized for always-on local agent workflows,” the company said in its announcement. “It’s small enough to run on a Mac or PC with a single consumer GPU, enabling use cases that range from local agents and function calling, to local coding, and LLM-as-a-judge evaluation.”

Meta last week introduced the beta version of a terminal coding agent called Muse Code, powered by Muse Spark 1.2, a coding-focused model update.

As PYMNTS noted at the time, the company has been facing pressure to show it can monetize AI tools such as its Muse Spark model and to provide meaningful growth to justify its enormous capital expenditures on AI.

Elon Musk wants Tesla Inc. (NASDAQ) to become an autonomous-driving powerhouse, , but the company’s Robotaxi service covered roughly 700,000 paid miles in the second quarter. That’s down about 36% from approximately 1.1 million miles in the first quarter, according to Tesla’s reported figures.

Still, the service expanded across more U.S. cities, accumulating driving data specific to its purpose-built Cybercab so it can roll out more vehicles on the road.

That makes the latest growth in Tesla’s broader software ecosystem particularly interesting.

Tesla’s Robotaxi Future Is Taking TimeRobotaxi is supposed to be one of Tesla’s biggest long-term growth engines. But the second quarter mileage decline shows why investors may have to wait before autonomous rides become a major source of revenue.

The company says its Robotaxi service has expanded to additional metropolitan areas, while its purpose-built Cybercab is moving toward production. But scaling an autonomous fleet involves collecting enough real-world driving data, proving safety, and navigating regulatory requirements.

In the meantime, Tesla already has something Robotaxi doesn’t: millions of existing customers.

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The Tesla App Is Becoming More ImportantTesla’s mobile app reached 10.8 million monthly active users in July, according to Similarweb data, up 36.8% from a year earlier and 16.5% from June.

The app is also becoming more tightly connected to Tesla’s software ecosystem. Recent updates added self-driving statistics, more vehicle controls and the ability to use Tesla’s app for additional functions. Tesla has also expanded xAI’s Grok assistant inside its vehicles, allowing drivers to control functions such as climate and music through voice commands.

That creates an important distinction: Tesla doesn’t necessarily need to sell another vehicle to increase the value of the vehicles it has already sold.

Tesla’s FSD Business Provides Clearer ExampleTesla ended the second quarter with 1.48 million active full self-driving (FSD) customers, up 56% from a year earlier. More than 55% of new Tesla deliveries in North America included FSD, showing that the company is increasingly attaching software revenue to its vehicles.

Services and other revenue also reached $4.58 billion in the second quarter, up about 50% year over year, with record gross profit and gross margin.

The bigger opportunity, then, isn’t simply Tesla’s ability to sell more cars.

It’s the ability to keep generating revenue from the cars already on the road through software, subscriptions and other services.

Robotaxi could eventually become the much larger prize Musk has promised. But while that business works through its growing pains, Tesla is finding another way to grow: make the existing Tesla fleet worth more.

For investors, that may be just as important to watch as the next Robotaxi mile.

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Leading e-commerce and tech company Amazon (AMZN +0.81%) has been rallying recently, after posting strong quarterly earnings numbers, hitting a new all-time high of more than $287 along the way. It's now up around 19% for the year, and its market cap is hovering around $3 trillion. The business has been doing exceptionally well as its growth rate has been solid, and its growth opportunities are plentiful.

But has the stock gotten too expensive, or can it still be a good buy at its current levels?

Image source: Getty Images.

Amazon's cloud business has been taking off A key reason investors have been bullish on Amazon's stock of late has been due to its popular cloud platform, Amazon Web Services (AWS). In the most recent quarter, which ended on June 30, AWS achieved its fastest growth rate in 18 quarters -- 37%. Not only is that important from a growth angle, but AWS also generates the best margins for the business; thus, a strong performance will also boost the bottom line. Of the $27.5 billion in operating income that Amazon posted last quarter, $16.6 billion, or 61%, came from AWS.

Despite spending heavily on artificial intelligence (AI), investors are becoming bullish that Amazon's efforts are paying off; CEO Andy Jassy says that "our AI and chips businesses each eclipsed run rates of more than $25 billion." All in all, the business is doing exceptionally well, with Amazon beating expectations on top and bottom lines for this most recent quarter.

Although it's one of the most valuable stocks in the world, based on its profits, it doesn't appear to be too expensive, as its price-to-earnings (P/E) multiple is just 22.

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Is Amazon stock really as cheap as it looks? At a P/E of 22, Amazon stock looks like a bargain buy given that the average stock on the S&P 500 trades at a P/E multiple of 24. There is, however, a bit of an asterisk with that. While its earnings soared from $18.2 billion to $62.6 billion, a big reason was that due to other income of $53.4 billion, which Amazon says is mainly from investments in AI company Anthropic. Without that, its earnings would be significantly lighter, and the stock's valuation wouldn't be as low.

Amazon, however, does still trade at a reasonably modest forward P/E multiple of around 23, which is based on analyst projections for how it will do in the year ahead. While its earnings may be inflated due to investment gains, the tech stock is by no means absurdly overvalued, as the business has been doing incredibly well.

For long-term investors, Amazon can still be an excellent stock to buy and hold, as it stands to benefit significantly from AI.

Transaction creates an end-to-end physical AI platform for aerospace and defense. Adds a profitable defense business generating over $200M in annual revenue1, with operations across 35 countries, to Archer's portfolio. Combines Wisk, SkyGrid and Insitu's pioneering autonomy and airspace intelligence software with Archer's leading purpose-built AI foundation model for aerospace and defense, ZEE. Boeing to take stake and become a strategic partner to Archer; establishes ongoing Archer and Boeing collaboration and technology sharing arrangement. , /PRNewswire/ -- The Boeing Company (NYSE: BA) and Archer Aviation Inc. (NYSE: ACHR) today announced the companies have signed definitive agreements in which Archer will acquire Boeing's Wisk Aero, SkyGrid and Insitu subsidiaries. The deal will combine complementary capabilities developed over decades in autonomy, electric vertical takeoff and landing (eVTOL) aircraft, and unmanned aircraft systems (UAS) – creating a groundbreaking end-to-end physical AI platform for aerospace and defense. 

Wisk, SkyGrid and Insitu have pioneered and incubated core autonomous flight technologies for the future that, in combination with Archer's air taxi, UAS and AI technologies, will bring new and innovative solutions to the market. These companies, with nearly two million combined flight hours, are expected to bring a deep autonomy foundation to Archer's ZEE artificial intelligence platform. This positions Archer to deliver an end-to-end physical AI platform across commercial aerospace, defense and air traffic management that can lead the next generation of aviation.

Archer's Founder and CEO, Adam Goldstein said, "This is a watershed moment for Archer and the future of physical AI in aerospace and defense. This is the next big step forward in becoming a diversified platform, rapidly growing our revenue base and bringing scale to our business."

In conjunction with the transaction, Boeing and Archer are entering into a collaboration and technology-sharing arrangement through which Boeing will retain access to the Wisk core autonomous flight technology for its current and next-generation commercial and defense aircraft. The transaction allows Boeing to retain strategic upside through its stake in Archer and simultaneously focus current and future investments into Boeing's core businesses.

"This transaction is a win-win for Boeing and Archer," said Brian Yutko, Boeing vice president, Commercial Airplanes Product Development. "It allows Wisk, SkyGrid and Insitu to accelerate capability development and time to market while ensuring Boeing capitalizes on its investments in these technologies over the past two decades through continued development in our core businesses. Having worked with the incredible teams in these companies firsthand, it's clear this transaction will create an industry leader in the advanced aviation market. We look forward to collaborating with Archer to drive continued innovation in aerospace, defense and autonomy." 

About the companies:

Wisk is the only company that has designed, built and flown six generations of eVTOL aircraft, amassing 1,700+ flight tests. Over the past 16 years, Wisk's world-class team has developed unmatched autonomy capabilities powered by a next-gen flight-control computer, sensor suite, and radar system designed for certification in both civil and potential defense markets.   SkyGrid has built a leading ground-based, aircraft-agnostic air traffic management solution that establishes the digital foundation for the future of automated airspace. SkyGrid enables safe integration, scalable automation and coordinated traffic management that is necessary for commercialization across the aviation ecosystem.
  Insitu is a pioneer in designing, developing and manufacturing uncrewed aircraft systems (UAS) used in intelligence, surveillance and reconnaissance. Its product portfolio spans high-performance, cost-effective, resilient, VTOL-capable UAS and AI-enabled software solutions. Insitu's technologies have helped the armed forces of 35 nations make quicker, more informed decisions to bring warfighters home safely. With offices in the US, Australia, the UK, and the UAE, Insitu has manufactured and fielded more than 3,500 UAS and provides operations and support networks in every hemisphere of the globe.  Additional details of the transaction are available in Archer's Form 8-K filed today with the Securities and Exchange Commission. The transaction remains subject to certain agreed-upon closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close by the end of 2026. Moelis & Company LLC is acting as financial advisor to Archer and Fenwick & West LLP is serving as outside counsel. J.P. Morgan Securities LLC is serving as financial advisor to Boeing and Mayer Brown LLP is acting as outside counsel.

About Boeing
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.

About Archer
Archer builds the aircraft and core technologies that will define the next era of flight for aerospace and defense.

Archer Media Relations Contact: [email protected]
Boeing Media Relations Contact: [email protected]

Archer's Forward-Looking Statements and Disclaimers

This press release contains forward-looking statements regarding Archer's future business plans, expectations, and opportunities, including statements regarding the expected timing and structure of the transaction; the ability of the parties to complete the transaction; the expected benefits of the transaction, including future financial and operating results and strategic benefits; and plans, objectives, and anticipated benefits of acquisitions, strategic investments, partnerships, and collaborations with third parties. Forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors.

These forward-looking statements are based on Archer's current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from Archer's current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (i) that one or more closing conditions to the transaction, including certain regulatory approvals, may not be satisfied or waived, on a timely basis or otherwise, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the transaction, or may require conditions, limitations or restrictions in connection with such approvals; (ii) the risk that the transaction may not be completed on the terms or in the time frame expected by Archer, or at all; (iii) unexpected costs, charges or expenses resulting from the transaction; (iv) uncertainty of the expected financial performance of Archer following completion of the transaction; (v) failure to realize the anticipated benefits of the transaction, including as a result of delay in completing the transaction or integrating the businesses, on the expected timeframe or at all; (vi) the occurrence of any event that could give rise to termination of the transaction; (vii) the risk that stockholder litigation in connection with the transaction or other litigation, settlements or investigations may affect the timing or occurrence of the transaction or result in significant costs of defense, indemnification and liability; (viii) risks related to the disruption of management time from ongoing business operations due to the pendency of the transaction, or other effects of the pendency of the transaction on the relationship of any of the parties to the transaction with their employees, customers, suppliers or other counterparties; and (ix) other risk factors detailed from time to time in Archer's reports filed with the Securities and Exchange Commission (the "SEC"), including documents that will be filed with the SEC in connection with the transaction. Any forward-looking statements contained herein are based on assumptions that Archer believes to be reasonable as of the date of this press release. Archer undertakes no obligation to update these statements as a result of new information or future events.         

Boeing's Forward-Looking Statements and Disclaimers

This press release also contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding The Boeing Company, including statements regarding the anticipated terms, timing, and completion of the proposed transaction, the strategic and financial benefits expected to result from the transaction, and Boeing's future business plans and strategy. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond Boeing's control, and actual results may differ materially from those expressed or implied. Factors that could cause actual results to differ include those described in Boeing's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Boeing undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

1 Based on Insitu's current financials and financial estimates

SOURCE Boeing