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Chickasaw Capital Management LLC lowered its stake in shares of Energy Transfer LP (NYSE:ET – Free Report) by 1.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,164,014 shares of the pipeline company’s stock after selling 197,032 shares during the period. Energy Transfer accounts for about 10.7% of Chickasaw Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Chickasaw Capital Management LLC owned approximately 0.44% of Energy Transfer worth $299,793,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of ET. Alps Advisors Inc. raised its position in shares of Energy Transfer by 8.0% in the 4th quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock worth $1,382,573,000 after acquiring an additional 6,192,066 shares in the last quarter. Mizuho Markets Americas LLC bought a new stake in Energy Transfer during the first quarter valued at about $61,760,000. SCS Capital Management LLC boosted its position in Energy Transfer by 1,859.8% during the second quarter. SCS Capital Management LLC now owns 1,942,908 shares of the pipeline company’s stock valued at $37,148,000 after purchasing an additional 1,843,771 shares in the last quarter. Bank of America Corp DE grew its stake in Energy Transfer by 5.7% in the first quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock valued at $597,458,000 after purchasing an additional 1,656,609 shares during the last quarter. Finally, Empirical Finance LLC grew its stake in Energy Transfer by 86.8% in the first quarter. Empirical Finance LLC now owns 1,404,756 shares of the pipeline company’s stock valued at $27,112,000 after purchasing an additional 652,711 shares during the last quarter. Institutional investors own 38.22% of the company’s stock.

Analyst Upgrades and Downgrades Several analysts have commented on ET shares. TD Cowen reissued a “buy” rating and set a $25.00 price target (up from $24.00) on shares of Energy Transfer in a research report on Monday, August 10th. Wall Street Zen raised shares of Energy Transfer from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. boosted their price objective on shares of Energy Transfer from $24.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. Morgan Stanley increased their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 18th. Finally, Capital One Financial assumed coverage on shares of Energy Transfer in a research note on Tuesday, September 22nd. They issued an “overweight” rating and a $26.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $24.36.

View Our Latest Research Report on Energy Transfer Energy Transfer Stock Down 1.3% Energy Transfer stock opened at $20.48 on Thursday. The stock has a 50-day moving average of $20.90 and a two-hundred day moving average of $19.98. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45. Energy Transfer LP has a one year low of $16.18 and a one year high of $21.84.

Energy Transfer (NYSE:ET – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.21. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.The business had revenue of $34.33 billion during the quarter, compared to the consensus estimate of $27.71 billion. During the same quarter last year, the company earned $0.32 earnings per share. The company’s quarterly revenue was up 78.4% on a year-over-year basis. Equities research analysts forecast that Energy Transfer LP will post 1.73 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.36 annualized dividend and a yield of 6.6%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.3375. Energy Transfer’s payout ratio is presently 92.52%.

Trending Headlines about Energy Transfer Here are the key news stories impacting Energy Transfer this week:

Positive Sentiment: Vaquero acquisition expands midstream footprint: Energy Transfer agreed to acquire Vaquero Midstream for approximately $2.625 billion, including $1.95 billion in cash and about 33.3 million newly issued ET common units. The transaction is expected to close in the fourth quarter and should add assets and volumes to ET’s operations. Reuters article Positive Sentiment: Analyst sees meaningful upside: A Seeking Alpha analysis resumed coverage with a Buy rating and a $26 price target, citing expected strong volume growth, robust downstream utilization and ET’s roughly 90% fee-based business model. The analysis forecasts mid-single-digit revenue growth and margin expansion in fiscal 2027, supported in part by rising power demand from data centers. Seeking Alpha article Positive Sentiment: Income appeal remains a key support: Coverage continues to highlight ET’s high distribution yield, diversified assets and predominantly fee-based cash flows. Those characteristics may attract income-oriented investors, particularly as the company offers exposure to energy infrastructure without taking on as much direct commodity-price risk. 247WallSt article Neutral Sentiment: Acquisition economics will be watched: The Vaquero deal could be accretive if acquired volumes and cash flow meet expectations, but ET must deploy $1.95 billion of cash while issuing units to fund part of the purchase. Investors will likely focus on leverage, integration progress and the effect of unit issuance on per-unit cash flow. Negative Sentiment: Yield competition is increasing: With the 10-year Treasury yielding 5.31%, ET’s distribution must offer sufficient compensation for the additional business and financing risks of a pipeline partnership. Higher risk-free yields could limit valuation expansion for high-yield stocks, even with attractive distributions. Insider Activity at Energy Transfer In related news, Director James Perry purchased 12,359 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was acquired at an average price of $20.23 per share, with a total value of $250,022.57. Following the completion of the acquisition, the director owned 208,046 shares in the company, valued at approximately $4,208,770.58. This represents a 6.32% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Kelcy L. Warren acquired 647,968 shares of the stock in a transaction dated Wednesday, August 19th. The shares were bought at an average price of $21.26 per share, with a total value of $13,775,799.68. Following the completion of the purchase, the director directly owned 147,901,879 shares of the company’s stock, valued at approximately $3,144,393,947.54. This trade represents a 0.44% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 1,012,359 shares of company stock worth $21,513,543. 3.28% of the stock is owned by insiders.

Energy Transfer Profile (Free Report)

Energy Transfer LP is a diversified energy infrastructure company headquartered in Dallas, Texas. The partnership owns and operates a broad network of pipelines, processing facilities, storage assets and terminals that support the movement of natural gas, natural gas liquids, crude oil and refined products across the United States.

The company’s operations include gathering and processing natural gas, transporting and storing natural gas and NGLs, fractionating NGLs into component products, and transporting crude oil and refined products.

Featured Articles Five stocks we like better than Energy Transfer Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up Want to see what other hedge funds are holding ET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Transfer LP (NYSE:ET – Free Report).

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Valero Energy (VLO - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this oil refiner have returned +9%, compared to the Zacks S&P 500 composite's +1.4% change. During this period, the Zacks Oil and Gas - Refining and Marketing industry, which Valero Energy falls in, has gained 8.7%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Valero Energy is expected to post earnings of $18.15 per share, indicating a change of +395.9% from the year-ago quarter. The Zacks Consensus Estimate has changed +38.8% over the last 30 days.

The consensus earnings estimate of $50.07 for the current fiscal year indicates a year-over-year change of +371.9%. This estimate has changed +21.7% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $45.38 indicates a change of -9.4% from what Valero Energy is expected to report a year ago. Over the past month, the estimate has changed +45.5%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Valero Energy is rated Zacks Rank #1 (Strong Buy).

Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Valero Energy, the consensus sales estimate for the current quarter of $38.54 billion indicates a year-over-year change of +19.8%. For the current and next fiscal years, $152.18 billion and $144.69 billion estimates indicate +24% and -4.9% changes, respectively.

Last Reported Results and Surprise HistoryValero Energy reported revenues of $44.48 billion in the last reported quarter, representing a year-over-year change of +48.8%. EPS of $12.54 for the same period compares with $2.28 a year ago.

Compared to the Zacks Consensus Estimate of $35.95 billion, the reported revenues represent a surprise of +23.73%. The EPS surprise was +27.05%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Valero Energy is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Valero Energy. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term.

HWG Holdings LP acquired a new stake in shares of DexCom, Inc. (NASDAQ:DXCM – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 96,427 shares of the medical device company’s stock, valued at approximately $8,321,000. DexCom makes up approximately 1.9% of HWG Holdings LP’s portfolio, making the stock its 14th largest holding.

Other institutional investors have also bought and sold shares of the company. Reflection Asset Management purchased a new position in DexCom during the fourth quarter worth approximately $25,000. Ascentis Independent Advisors acquired a new stake in shares of DexCom in the 1st quarter worth $25,000. Elevation Wealth Partners LLC increased its stake in shares of DexCom by 61.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 401 shares of the medical device company’s stock worth $35,000 after acquiring an additional 152 shares during the last quarter. Wellington Grp LLC raised its holdings in shares of DexCom by 778.7% during the 1st quarter. Wellington Grp LLC now owns 536 shares of the medical device company’s stock worth $34,000 after acquiring an additional 475 shares during the period. Finally, Cassaday & Co Wealth Management LLC acquired a new position in shares of DexCom during the 1st quarter valued at about $44,000. 97.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes Several equities analysts have weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $105.00 target price (up from $90.00) on shares of DexCom in a report on Thursday, October 1st. BTIG Research reaffirmed a “buy” rating and set a $90.00 price target (up from $80.00) on shares of DexCom in a research report on Friday, July 31st. Argus upped their price objective on DexCom from $86.00 to $96.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Robert W. Baird set a $105.00 price objective on DexCom in a research report on Friday, July 31st. Finally, Wall Street Zen raised DexCom from a “hold” rating to a “buy” rating in a research note on Sunday, September 6th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $91.96.

Check Out Our Latest Analysis on DXCM Insider Buying and Selling at DexCom In related news, insider Kevin Sayer sold 26,756 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $76.32, for a total transaction of $2,042,017.92. Following the transaction, the insider owned 328,970 shares of the company’s stock, valued at approximately $25,106,990.40. This represents a 7.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sadie Stern sold 2,565 shares of the firm’s stock in a transaction dated Monday, September 28th. The shares were sold at an average price of $86.15, for a total value of $220,974.75. Following the transaction, the executive vice president owned 123,478 shares of the company’s stock, valued at $10,637,629.70. This trade represents a 2.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 49,313 shares of company stock valued at $3,945,875. Corporate insiders own 0.28% of the company’s stock.

DexCom Stock Performance Shares of DXCM stock opened at $84.30 on Thursday. The firm’s 50 day moving average price is $87.33 and its 200-day moving average price is $74.97. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.43 and a current ratio of 1.73. DexCom, Inc. has a one year low of $54.11 and a one year high of $92.59. The firm has a market cap of $31.81 billion, a P/E ratio of 33.32, a P/E/G ratio of 1.40 and a beta of 1.48.

DexCom (NASDAQ:DXCM – Get Free Report) last posted its earnings results on Thursday, July 30th. The medical device company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.09. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. DexCom had a net margin of 20.12% and a return on equity of 35.94%. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. As a group, equities research analysts predict that DexCom, Inc. will post 2.64 EPS for the current year.

About DexCom (Free Report)

DexCom, Inc (NASDAQ: DXCM) develops and commercializes continuous glucose monitoring (CGM) systems for people with diabetes. Its technology uses a small wearable sensor to measure glucose levels continuously and transmit readings to a compatible receiver, smartphone or other connected device, helping users monitor glucose trends and make more informed treatment and lifestyle decisions.

The company’s product portfolio includes the Dexcom G7 and Dexcom G6 real-time CGM systems, as well as related software and digital health tools such as Dexcom Clarity for glucose data analysis and reporting.

Read More Five stocks we like better than DexCom Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

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Key Takeaways ATI's shares surged 129.9% as aerospace and defense demand drove growth and lifted its outlook.ATI's Q2 sales rose 13%, while record backlog hit $4.4 billion and defense revenue jumped 36%.ATI raised 2026 EBITDA, earnings and free cash flow guidance on stronger margins and demand. ATI Inc.’s (ATI - Free Report) shares have surged 129.9% in the past year, outperforming the Zacks Aerospace - Defense Equipment industry’s decline of 10.6% and the S&P 500’s 18.1% increase. ATI is benefiting from investments in capacity expansion coupled with consistent demand growth in its key sectors that aids volume growth and pricing. A raised outlook and margin expansion also boost investors’ confidence.

ATI’s peers, Carpenter Technology Corporation (CRS - Free Report) and Howmet Aerospace Inc. (HWM - Free Report) , have gained 56% and 17.9%, respectively, over the same period.

ATI’s One-year Price Performance Image Source: Zacks Investment Research

Technical indicators show that ATI is currently trading above its 200-day simple moving average (SMA), suggesting a long-term uptrend. The stock slipped below its 50-day SMA on Sept. 10, 2026. Following a golden crossover on May 29, 2025, the 50-day SMA is reading higher than the 200-day SMA, indicating a bullish trend.

ATI Trades Below 50-Day SMA Image Source: Zacks Investment Research

Let’s take a look at ATI’s fundamentals to analyze the stock better.

Aerospace and Defense Strength Fuels ATI’s GrowthATI benefits from strong aerospace and defense demand, supporting solid multi-year growth prospects. Aerospace remains a key growth engine, with rising aircraft and next-generation jet engine production fueling demand for ATI’s proprietary nickel-based superalloys, titanium products, forgings and other specialty materials. The increasing adoption of next-generation engines further enhances this opportunity, as these platforms require greater amounts of advanced alloys per engine. Expanding defense opportunities and long-term customer agreements are also improving revenue visibility. This favorable outlook is further supported by recent upward revisions to the company’s expectations for both segments.

In the second quarter of 2026, aerospace and defense sales rose 13% year over year, while backlog reached a record $4.4 billion, up 18%. Jet-engine revenues increased 13%, with management expecting high-teens full-year growth. Defense revenues surged 36% to a record high, supported by a renewed naval nuclear agreement through 2030 that is expected to more than double annual revenues versus the prior contract. ATI also expects mid- to high-single-digit airframe growth in 2026. ATI's content on next-generation engines is more than double that of legacy platforms, positioning the company to benefit from a higher number of newer aircraft platforms.

Margin Expansion and Capacity Investments Add UpsideATI's operational transformation is strengthening profitability. Second-quarter adjusted EBITDA jumped 37% year over year to $284.4 million, while margin expanded 440 basis points to 22.6%. The elevATIon program has increased throughput, while targeted titanium and nickel investments are expected to raise nickel capacity by 15-20% by early 2028 and support approximately $350 million of incremental annual nickel-based revenue. These initiatives, combined with a loyal customer base, position ATI for sustained earnings growth.

Raised Outlook Instills Investor Confidence in ATI StockFor full-year 2026, ATI raised adjusted EBITDA guidance to $1.14-$1.2 billion from its previous outlook of $1.01-$1.06 billion. Adjusted earnings guidance was increased to $4.9-$5.18 per share from $4.2-$4.48 previously. The company also lifted its full-year adjusted free cash flow forecast to $550-$600 million from the earlier range of $465-$525 million. Management expects targeted investments and operational execution to increase available capacity as demand for aerospace and defense materials remains strong.

Strong Financial Health Supports ATI’s Capital AllocationATI remains focused on enhancing shareholder value by strengthening and sustaining its cash flow generation. It reported first-half 2026 adjusted free cash flow of $143.2 million, up from a $50.2 million cash outflow during the same period in the previous year. The company is taking steps to reduce seasonality and improve the consistency of its cash flows. Strong free cash flow generation is being supported by higher adjusted EBITDA and improved operating performance, with healthy aerospace and defense demand expected to sustain cash generation.

Debt reduction, aided by stronger margins and improved cash flows, is enhancing ATI’s financial flexibility. The company also remains committed to returning capital to its shareholders through share repurchases, supported by disciplined and strategic capital allocation.

ATI considers buybacks the most efficient way to return capital to shareholders. It returned $470 million to its shareholders in 2025 in the form of share repurchases. Following the $50 million repurchase in the second quarter, ATI has $495 million remaining under its current buyback authorization.

ATI’s Earnings Estimates NorthboundThe Zacks Consensus Estimate for ATI’s 2026 earnings has been going up over the past 60 days. The consensus estimate for third-quarter 2026 earnings has also been revised upward over the same time frame.

The Zacks Consensus Estimate for 2026 earnings is currently pegged at $5.11, suggesting year-over-year growth of 57.7%. Earnings are expected to register roughly 58.8% growth in the third quarter.

Image Source: Zacks Investment Research

A Look at ATI’s ValuationATI is currently trading at a forward price-to-sales ratio of 4.65, below the industry. It is trading at a discount to Howmet Aerospace and Carpenter Technology. ATI currently has a Value Score of D, while both Howmet Aerospace and Carpenter Technology have a Value Score of F.

ATI’s P/S F12M Vs. Industry, HWM and CRS Image Source: Zacks Investment Research

Final Thoughts: Buy ATI SharesOperational enhancements, portfolio optimization, pricing gains and a favorable product mix are helping ATI achieve stronger incremental margins. Along with the “elevATIon” program, these initiatives are designed to improve productivity and maximize output from existing assets. Collectively, these gains are expected to support ATI’s growth momentum and provide further upside potential.

ATI’s solid financial health, improving cash flows and disciplined capital allocation also add to its appeal. With strong demand visibility and healthy earnings growth prospects, ATI appears well-positioned to deliver value to its investors, making this Zacks Rank #1 (Strong Buy) stock a prudent choice to bet on now.

You can see the complete list of today’s Zacks #1 Rank stocks here.

 | Source: CRISPR Therapeutics AG

ZUG, Switzerland and BOSTON, Oct. 08, 2026 (GLOBE NEWSWIRE) -- CRISPR Therapeutics (Nasdaq: CRSP) today announced that clinical data from the Phase 1b trial of CTX310®, its investigational CRISPR/Cas9 in vivo gene editing therapy targeting angiopoietin-related protein 3 (ANGPTL3), in patients with severe hypertriglyceridemia will be presented in a late-breaking oral presentation at the American Heart Association (AHA) Scientific Sessions 2026, taking place November 6 – 9, 2026.

Abstract Title: CRISPR-Cas9 Gene Editing Therapy Targeting ANGPTL3 for Severe Hypertriglyceridemia: Results From Phase 1b Trial
Session Type: Late-Breaking Science (Oral Presentation)
Session Title: LBS.05 New Frontiers in Cardiometabolic Risk Reduction
Session Date and Time: Monday, November 9, 2026, 8:00 a.m. CST

The accepted abstract titles are available online on the AHA website. The data in the abstract and presentation are embargoed until the date and time of presentation. A copy of the presentation will be available at www.crisprtx.com once the presentation concludes.

About In Vivo Liver Editing Programs

CRISPR Therapeutics has established a proprietary lipid nanoparticle (LNP) delivery platform to enable gene editing in the liver using both CRISPR/Cas9 and its novel, proprietary SyNTase™ editing technology. The Company's in vivo portfolio includes three cardiovascular programs: CTX310, targeting angiopoietin-related protein 3 (ANGPTL3), in development for heterozygous and homozygous familial hypercholesterolemia, mixed dyslipidemias, and severe hypertriglyceridemia; CTX340™, targeting angiotensinogen (AGT), in development for refractory hypertension; and CTX321™, targeting LPA, in development for patients with elevated lipoprotein(a) [Lp(a)]. In addition, the Company's disclosed development candidates also include CTX460™, targeting SERPINA1 using SyNTase editing, for the treatment of alpha-1 antitrypsin deficiency (AATD).

About CRISPR Therapeutics
CRISPR Therapeutics is a leading biopharmaceutical company focused on developing transformative gene-based medicines for serious human diseases. Founded over a decade ago as an early pioneer in CRISPR/Cas9 gene editing, the Company has evolved from a pioneering research-stage organization into an industry leader, marking a historic milestone with the approval of CASGEVY® (exagamglogene autotemcel [exa-cel]), the world’s first CRISPR-based therapy, for eligible patients with sickle cell disease and transfusion-dependent beta thalassemia. Today, CRISPR Therapeutics is advancing a broad, diversified pipeline spanning hemoglobinopathies, cardiovascular disease, autoimmune disease, oncology, regenerative medicine and rare diseases. The Company is also expanding its gene editing toolkit through SyNTase™ editing, its novel, proprietary platform designed to enable precise, efficient, and scalable gene correction. To accelerate its impact, CRISPR Therapeutics has established strategic collaborations with leading biopharmaceutical partners, including Vertex Pharmaceuticals. CRISPR Therapeutics AG is headquartered in Zug, Switzerland, with its wholly-owned U.S. subsidiary, CRISPR Therapeutics, Inc., and R&D operations based in Boston, Massachusetts and San Francisco, California. To learn more, visit www.crisprtx.com.

CRISPR THERAPEUTICS® standard character mark and design logo, CTX310®, CTX321™, CTX340™, CTX460™ and SyNTase™ are trademarks and registered trademarks of CRISPR Therapeutics AG. CASGEVY® and the CASGEVY logo are registered trademarks of Vertex Pharmaceuticals Incorporated. All other trademarks and registered trademarks are the property of their respective owners. 

CRISPR Therapeutics Forward-Looking Statement
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding any or all of the following: (i) CRISPR Therapeutics preclinical studies, clinical trials and pipeline products and programs, including, without limitation, manufacturing capabilities, status of such studies and trials and expectations regarding data, safety and efficacy generally; (ii) data included in the above-described oral presentation and any associated abstract; and (iii) the therapeutic value, development, and commercial potential of gene editing technologies and therapies, including CRISPR/Cas9, as well as other technologies. Risks that contribute to the uncertain nature of the forward-looking statements include, without limitation, the risks and uncertainties discussed under the heading “Risk Factors” in CRISPR Therapeutics most recent annual report on Form 10-K and in any other subsequent filings made by CRISPR Therapeutics with the U.S. Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. We disclaim any obligation or undertaking to update or revise any forward-looking statements contained in this press release, other than to the extent required by law.

Investor Contact:
+1-617-307-7503
[email protected]

Media Contact:
+1-617-315-4493
[email protected]

SAN JOSE, Calif., Oct. 08, 2026 (GLOBE NEWSWIRE) -- QuantumScape Corporation (NASDAQ: QS), a global leader in solid-state lithium-metal battery technology, today introduced the QS PowerBlock for AI data centers. The modular system can deliver four times the power density and five times the runtime of current data center industry standards.

The QS PowerBlock brings QS solid-state lithium-metal battery technology into AI data centers, supporting safer, higher-performing energy storage and 800VDC architecture. An adaptable reference design, QS PowerBlock can fit a variety of module, shelf, and rack formats, and is designed for deployment in industry-standard power rack configurations. Paired with advanced power system components, it can provide AI data center customers with a compelling combination of power, runtime, and safety to power the 1 MW racks of next-generation data centers.

In a demonstration using an expected data center training workload, the QS PowerBlock exceeded key specifications set by the Open Compute Project (OCP), the industry consortium that defines open hardware standards for data centers:

4x the power density, allowing power-hungry AI systems to integrate into compact and cost-effective data center designs.5x longer runtime, giving data center operators more margin to smooth out power fluctuations and improve hardware productivity.Better safety compared to conventional lithium-ion batteries, helping protect billion-dollar infrastructure investments. QS battery cells have demonstrated thermal stability well over 300 °C in third-party and customer safety testing, compared to conventional lithium-ion cells, which typically go into catastrophic thermal runaway at ~180 °C.
“QS solid-state battery technology offers an unmatched combination of energy, power, and safety for many different applications, from electric vehicles to AI data centers and beyond,” said Dr. Siva Sivaram, CEO and president of QS. “With the QS PowerBlock, we are bringing this value proposition to AI data center customers, to enable the 800VDC designs that will power the next phase of AI growth.”

The QS PowerBlock design will be on display at the 2026 OCP Global Summit, October 12–15 at the San Jose Convention Center, at booth C19, hosted by Megmeet, an official partner and power system component provider for the NVIDIA MGX™ Ecosystem.

QS also announced that it has joined the OCP as a member. As AI workloads push data centers toward unprecedented power density, QS is joining industry leaders to build the open standards that infrastructure providers depend on.

The QS PowerBlock performance results were achieved through prototype testing and modeled system configurations under controlled conditions, with comparisons benchmarked against the OCP Open Rack V3 (ORV3) specification. Final QS PowerBlock performance will depend on product design, system configuration and real-world operating conditions.

About QuantumScape Corporation
QuantumScape is on a mission to revolutionize energy storage to enable a sustainable future. The company’s next-generation solid-state lithium-metal battery technology is designed to enable greater energy density, faster charging and enhanced safety to support the transition away from legacy energy sources toward a lower carbon future. For more information, visit www.quantumscape.com.

Forward-Looking Statements
Certain information in this press release may be considered “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the anticipated performance, capabilities and benefits of the QS PowerBlock reference design, its potential deployment in AI data center applications, the commercialization and scaling of its solid-state lithium-metal battery technology, and the application of its technology to AI data centers, automotive and other markets. These forward-looking statements are based on management’s current expectations, assumptions, hopes, beliefs, intentions and strategies regarding future events and are based on currently available information as to the outcome and timing of future events. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements due to various risks, including the successful development and commercialization of our solid-state battery technology, the ability to achieve in commercial products the performance demonstrated in prototype testing and modeled system configurations, dependence on third-party power system components and partners, achieving technical and financial milestones, building out of high-volume processes and otherwise scaling production, achieving the performance, quality, consistency, reliability, safety, cost and throughput required for commercial production and sale, changes in economic and financial conditions, market demand for EVs, AI data centers and other energy storage applications, retaining key personnel, competition, regulatory changes, broader economic conditions, and other factors, including those discussed in the section titled “Risk Factors” in our Annual Report and Quarterly Reports and other documents filed with the Securities and Exchange Commission from time to time. Except as otherwise required by applicable law, the company disclaims any duty to update any forward-looking statements.

Contacts:

For Investors
[email protected]

For Media
[email protected]

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a52ddd94-f33b-46e1-af41-896054744524

QS PowerBlock: Solid-State Energy Storage for AI Data Centers Meet the QS PowerBlock, QuantumScape's solid-state lithium-metal battery reference design for in-rac...

Alkeme Wealth LLC purchased a new stake in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 66,887 shares of the technology company’s stock, valued at approximately $13,618,000. Arista Networks accounts for approximately 4.6% of Alkeme Wealth LLC’s portfolio, making the stock its 3rd biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Cura Wealth Advisors LLC raised its holdings in shares of Arista Networks by 3.1% during the second quarter. Cura Wealth Advisors LLC now owns 1,748 shares of the technology company’s stock valued at $297,000 after acquiring an additional 52 shares during the period. Madison Wealth Partners Inc raised its holdings in Arista Networks by 2.8% in the 2nd quarter. Madison Wealth Partners Inc now owns 2,179 shares of the technology company’s stock worth $370,000 after acquiring an additional 60 shares during the period. Intrua Financial LLC lifted its position in shares of Arista Networks by 2.7% during the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock worth $283,000 after purchasing an additional 61 shares during the last quarter. Shepherd Financial Partners LLC boosted its stake in Arista Networks by 1.2% during the 2nd quarter. Shepherd Financial Partners LLC now owns 5,403 shares of the technology company’s stock valued at $918,000 after purchasing an additional 66 shares during the period. Finally, NBT Bank N A NY increased its position in Arista Networks by 37.2% during the first quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after acquiring an additional 67 shares during the period. 82.47% of the stock is currently owned by institutional investors and hedge funds.

Arista Networks Stock Performance Shares of NYSE:ANET opened at $215.71 on Thursday. The business has a fifty day moving average of $196.59 and a 200-day moving average of $171.18. Arista Networks, Inc. has a twelve month low of $114.52 and a twelve month high of $217.32. The firm has a market cap of $272.06 billion, a PE ratio of 68.05, a price-to-earnings-growth ratio of 2.53 and a beta of 1.60.

Arista Networks (NYSE:ANET – Get Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.83 billion. Arista Networks had a net margin of 38.37% and a return on equity of 30.65%. Arista Networks’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 earnings per share. Arista Networks has set its Q3 2026 guidance at 1.060-1.080 EPS. On average, analysts anticipate that Arista Networks, Inc. will post 3.74 EPS for the current fiscal year. Insider Buying and Selling In related news, insider Kenneth Duda sold 17,333 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $203.50, for a total value of $3,527,265.50. Following the transaction, the insider owned 12,976 shares in the company, valued at $2,640,616. This trade represents a 57.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Andreas Bechtolsheim sold 300,000 shares of Arista Networks stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $198.95, for a total value of $59,685,000.00. Following the completion of the sale, the insider owned 180,543,048 shares of the company’s stock, valued at approximately $35,919,039,399.60. The trade was a 0.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 3,144,894 shares of company stock worth $631,310,023. 2.70% of the stock is currently owned by company insiders.

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

Positive Sentiment: Arista announced an open Ethernet rack-scale portfolio designed for high-density, scale-up and scale-out AI infrastructure. The liquid-cooled solutions use open standards and were developed with partners including AMD, Arm, Broadcom, Meta, Microsoft and Qualcomm, strengthening Arista’s positioning in the fast-growing AI data-center networking market. Arista Announces Rack-Scale Architectures for Scale-Up and Scale-Out AI Fabrics Positive Sentiment: ClearBridge Investments highlighted Arista as an AI infrastructure company with solid execution, a clearer path to AI monetization and raised guidance. The commentary suggests investors are favoring Arista over some higher-momentum semiconductor names. Arista Networks Outperforms AI Infrastructure Peers Positive Sentiment: Earlier analyst actions remain supportive: Bernstein initiated coverage at Outperform, while the broader analyst consensus is Buy with a $231.70 target. Arista’s latest reported quarter also showed strong momentum, including 37.7% year-over-year revenue growth and earnings above expectations. Neutral Sentiment: Arista will report third-quarter 2026 results after the market close on November 3. Investors may be positioning ahead of the release, with attention focused on whether AI-related demand supports the company’s guidance of $1.06-$1.08 in quarterly EPS. Arista Networks Q3 2026 Earnings Date Negative Sentiment: Zacks Research downgraded Arista from Strong Buy to Hold, which may have contributed to profit-taking after the stock’s sharp rally and elevated valuation. Negative Sentiment: A director sold 5,000 shares through a pre-arranged Rule 10b5-1 plan. Although the transaction was scheduled in advance, it adds a modest negative signal for sentiment. Wall Street Analysts Forecast Growth A number of research firms recently weighed in on ANET. Deutsche Bank Aktiengesellschaft initiated coverage on Arista Networks in a research report on Monday, August 31st. They set a “buy” rating and a $220.00 target price on the stock. UBS Group restated a “buy” rating and set a $259.00 price target (up from $187.00) on shares of Arista Networks in a research note on Wednesday, August 5th. Wells Fargo & Company reiterated an “overweight” rating and issued a $255.00 price objective (up from $200.00) on shares of Arista Networks in a research note on Wednesday, August 5th. TD Cowen upped their price target on Arista Networks from $210.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $225.00 price objective on shares of Arista Networks in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Arista Networks currently has an average rating of “Moderate Buy” and a consensus price target of $231.70.

Read Our Latest Research Report on ANET

Arista Networks Company Profile (Free Report)

Arista Networks, Inc develops and sells cloud networking solutions for data centers, campus environments and high-performance computing applications. Its products include Ethernet switches, routers, wireless access points and related networking equipment designed to support cloud computing, artificial intelligence, enterprise and service-provider networks.

The company’s software portfolio includes Arista EOS, its network operating system, and CloudVision, a platform that helps customers manage, automate and monitor network infrastructure.

Featured Stories Five stocks we like better than Arista Networks Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up Want to see what other hedge funds are holding ANET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arista Networks, Inc. (NYSE:ANET – Free Report).

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Status 2.39 brings a wide range of new features and improvements across messaging, wallet, browser, communities, Keycard, performance, navigation, and p2p network status visibility.

One of the major additions is the full rollout of SDS (Scalable Data Sync) protocol in Status Communities, bringing  reliable message delivery and confirmation, while the app automatically ensures no messages are missed. But there is a lot more in this release.

Important: This is a breaking change. If you’re on Status v2.36.1 or lower, you must update to v2.39. Otherwise, your Status app won’t be able to properly communicate with Status users on v2.39.

Release Highlights Reliable message delivery and confirmation for communitiesCross-chain + cross-account token swaps and bridges in one goMobile browser got Incognito mode and file downloads & openingMeet Status team botRobinhood chain supportFrench, Czech & Ukrainian translationsNew Keycard user experienceWriting & editing messages got easierAdjustable interface zoomEasier back navigation across the appBetter feedback when fetching a communityMore responsive mobile experienceVisibility into P2P network connectionSee your unread notifications from the taskbarEasier copy, cut, and paste in input fieldsFlatpak supportZoom in on images in chatsPrivate, decentralized community history with Logos Storage Messaging and CommunitiesReliable message delivery for communities with full SDS protocol rolloutStatus 2.39 marks the full rollout of the SDS (Scalable Data Sync) protocol, bringing reliable message delivery to Status communities. Starting with this release, the app can receive, understand, and send SDS messages.

With the SDS protocol now fully activated in Status communities, you can see whether your messages have been delivered (the “Delivered” double tick next to your sent messages), while the app automatically ensures no messages are missed.

Learn more about SDS (Scalable Data Sync), how the protocol works, and what it means for Status communities in the full article: Status Communities Get Reliable Messaging with the SDS Protocol.

Meet Status Team peer-to-peer botNow, Status has an official Status Team peer-to-peer bot for updates, how-to tips, contacting the team, sharing feedback, reporting issues, or suggesting features. It speaks English only for now, with more languages coming. If you’re a new user, the bot will welcome you and send how-to tips to help you set up Status and explore its features.

The bot is a peer-to-peer contact on the decentralised network. To chat with it, send a contact request just as you would to any other Status contact (look for the Status icon above your profile picture in the main navigation bar). Messages use the same end-to-end encrypted, peer-to-peer messaging as your other Status chats. You can disconnect from the bot at any time.

The bot will occasionally send Status updates and how-to tips, and gives you an easy and quick way to share feedback, contact the team, report issues, or suggest features.

Importantly, the Status Team bot never contacts you first.

Writing, editing, and replying to messages just got easierStatus 2.39 delivers the second phase of the revamped chat input field, with several improvements designed to make composing and interacting with messages easier. Text formatting, tagging users, pasting links over text, quoting, editing, and replying now feel more intuitive and seamless.

Writing messages, made easierWriting messages has been revamped to make the user writing experience more efficient and productive while composing a message. Formatting text, mentioning someone, adding links over text, and quoting content is now more intuitive and seamless.

This release also introduces a mobile-friendly context menu in the chat. A simple long press gives you quick access to your most recent emojis and most-used chat actions without needing to navigate through the full context menu.

Editing messages is easierThe message editing experience has been improved as well. Updating something you have already sent is now more straightforward, making it easier to quickly correct or change a message.

You can now easily share contacts in direct messages. Type @, or select @ from the chat input quick action bar, and choose the contact you want to share.

A better reply-to-message experienceThe reply experience has also been improved. Replying to messages now feels more intuitive and responsive, making it easier to follow and continue conversations.

Opening a community link for the first time requires Status to fetch the community before it can be displayed. Status 2.39 now makes this process clearer.

When you open a community invite or channel link for the first time, Status shows a loading screen while fetching the Community. If the community cannot be fetched within 60 seconds, you are given the option to retry or cancel.

This gives you clearer feedback instead of leaving you unsure whether anything is happening while Status fetches a community for the first time.

Privacy, Browser and P2P NetworkMobile Web Browser now has Incognito mode, file downloads and opening, and  data cleanupThe Status Mobile Web Browser gets several new features in 2.39, including Incognito mode, file downloads and opening, and  ways to clear browsing data.

Browse with Incognito modeStatus Mobile Browser now has an Incognito mode for more private browsing, helping you leave less of a digital footprint on your device by not keeping your browsing history, cookies, or site data after the session ends.

Clear site and browsing dataSometimes a web page may not work or load properly, so now you have two ways to reset it:

Clear site data lets you reset the data associated with your currently active web page.Clear browsing data clears cache and cookies across the entire browser.This makes it easier to fix website rendering issues and manage your browsing data . 

Download and open files from the browserYou can now download and open various files directly through the Status Mobile Web Browser. There is also a new Supported formats feature in the browser menu. This shows which file formats the browser can open based on your platform’s browser engine.

New visibility into your P2P network connectionSince Status messaging works through a peer-to-peer network, your connection to that network is an important part of the experience. Status now makes it easier to know whether you’re connected to the peer-to-peer network.

If Status loses its P2P connection, you will now see a banner letting you know. The banner also provides guidance on what to check to get connected again. You can also go to:

Settings → P2P network

at any time to see your current P2P connectivity status and the number of connected network peers.

Wallet and KeycardCross-chain & cross-account token Swap + Bridge in one go Here we go… This is happening. Status now has a fast and simple way to swap and bridge across chains and wallet accounts, with a completely revamped user experience.

Now, you don’t have to choose between swapping or bridging upfront. You can do both in a single go via one unified Swap & Bridge interface to move your tokens across chains and accounts.

The new Swap & Bridge interface enables swapping and bridging tokens to your wallet accounts or directly to other addresses outside your wallet in a single go, without having to go through a sequence of intermediary steps to move your tokens across different chains and addresses.

It works across all the blockchain networks supported by Status, with routes provided by Relay to find the best available quote.

Simply choose your sending account and token on a particular network, then any receiving account and token on the network of your choice, drag the slider to set the percentage of the token you want to send, review the quote and route, and confirm. You can even swap a token on one network and receive a different token in another account on another network  all in one go, without manually swapping, bridging, and transferring assets through multiple transactions.

New Keycard user experienceStatus 2.39 introduces a completely redesigned Keycard experience focused on reducing unnecessary interactions and making user flows simpler and intuitive. On Mobile, the team has revamped Keycard support so that device–Keycard interactions can now be completed with a single tap.

Whether you’re:

setting up Keycardlogging insigning transactionsyou no longer need to tap your Keycard multiple times during the same flow. Now the Keycard user flows are  way simpler, better structured, and more efficient.

Robinhood Chain is now available in StatusStatus 2.39 adds support for the Robinhood Chain. You can now use Status to view balances, send and receive tokens and NFTs, swap and bridge, and interact with dApps on Robinhood Chain. 

Everything you need to use Robinhood Chain is now available directly in Status 

Smoother User ExperienceStatus now speaks French, Czech, and UkrainianStatus is now available in French, Czech, and Ukrainian.

As Status grows globally, making the app accessible in more languages becomes increasingly important. Whether you are in France, Czechia, Ukraine, or elsewhere across the French-, Czech-, and Ukrainian-speaking world, you can now use Status in your preferred language.

More languages are on the way.

Smoother and more responsive mobile experienceStatus 2.39 also includes a number of improvements across the mobile app focused on making everyday interactions smoother and more responsive across a wider range of devices.

These improvements are particularly noticeable on less powerful phones, including some devices with 4 GB of RAM, as well as Samsung foldable phones.

The changes include:

snappier navigationshorter login timesfaster password changesimprovements to loading and displaying data across the appdialogs that better adapt to different screen sizes and orientationsPerformance improvement work will continue in Status v2.40 and v2.41. These releases will bring more substantial performance improvements, especially for less powerful mobile devices  :

faster opening and loading of pages and tabslower CPU usagelower RAM usagereduced battery consumptionMore responsive buttons and interactionsButtons, icons, dropdowns, and list options now visually respond when you tap or click them. This makes interactions feel more immediate and gives you clearer feedback that your action was recognized.

Clearer message sending and retry experienceThe message sending experience has also been improved across Status. Messages that are currently being sent now appear normally instead of looking faded. If a message fails to send, the failed state and Resend action are easier to see and access.

This makes it clearer when a message needs your attention. More improvements to the message sending experience are planned for v2.40.

Set Status to your preferred size with Interface ZoomYou can now adjust Interface Zoom in Status.

Interface Zoom scales both the app interface and text, letting you choose a size that feels more comfortable on your screen.

By default, Status automatically follows your device’s system zoom setting, but you can manually adjust the zoom level to suit your preferences.

Easier back navigation across the appGoing back through Status now works more like you would expect from the rest of your device. On Android, you can use the system Back button. On Desktop, you can use your mouse Back button or keyboard shortcut.

These controls let you quickly navigate back through screens you previously opened.

Zoom in on images in chatsImages shared in Status chats can now be zoomed in to take a closer look at details. On Mobile, use pinch-to-zoom. On Desktop, use Ctrl + mouse wheel to zoom in and out of an opened image.  

See unread notifications from the taskbarOn Desktop, the Status app icon in the taskbar can now show a badge with your unread notification count, so you can see when there’s something new in Status without opening the app.

 The unread count respects the notification preferences you have configured under:

Settings → Notifications

Easier copy, cut, and paste across input fieldsCopying, cutting, and pasting text is now easier in all input fields across platforms.

Use:

Tap on iOSLong press on AndroidRight click on Desktopto open the text editing context menu and quickly copy, cut, or paste text.

Status is now available as a FlatpakLinux users now have another way to install Status.

Status is available as a Flatpak, providing an easier and more consistent way to install and update Status across different Linux distributions.

Status now supports Logos Storage protocol for storing and retrieving Community message history. Community history archives can be shared and replicated across a decentralized peer-to-peer network of participating nodes, making historical messages available to Community members.

Compared with the existing BitTorrent-based Archive Protocol, Logos Storage protocol is designed with privacy-preserving file sharing as a core goal.

For most users, this happens behind the scenes. When historical Community messages are needed, Status can retrieve the relevant archives from participating peers and make those messages available in the Community.

Want to try it? Go to Settings  on Status Desktop → Advanced → Archive Protocol → Logos Storage. You can switch back to Torrent or disable the Archive Protocol from the same setting.

NoteStatus is under active development, so you may occasionally encounter bugs or unexpected behaviour. .

Your feedback helps us build the best app for secure crypto, private messaging, and community-owned spaces. Read this guide for more information on reporting bugs in Status. Alternatively, you can share your feedback directly in the Desktop or Mobile feedback channels within the Status Community.

Don’t miss the latest news from Status – follow us on X or join our Community in the Status app to get the latest news and updates!

Your use of the Status apps is subject to the Status Terms of Use and Privacy Policy.

Key Takeaways Credo's retimer business delivered record revenue, led by Screaming Eagle and Blue Heron growth.Blue Heron supports 224G multiprotocol AI scale-up links, expanding Credo's reach across architectures.Toucan's PCIe Gen 6 compliance positions Credo to benefit as PCIe adoption expands. Credo Technology Group Holding Ltd. (CRDO - Free Report) has rapidly evolved from a niche connectivity semiconductor company into a major supplier to the AI infrastructure ecosystem. While the Active Electrical Cable (AEC) business remains CRDO’s largest revenue driver and continues to expand, its retimer portfolio is emerging as another potentially important growth engine. Credo's fiscal first-quarter revenue reached $479 million, up 114.7% year over year, while management guided for second-quarter revenue of $525-$535 million.

Credo has been aggressively expanding its retimer portfolio. In January 2026, the company introduced Blue Heron, a 224G multiprotocol AI scale-up retimer designed to support UALink, ESUN and Ethernet. The product is intended for applications with extended cable and PCB backplane links and includes telemetry and link-health monitoring. It also made progress in PCIe retimers. Its Toucan PCIe 6.0 technology-capable retimer achieved PCI-SIG compliance at 32 GT/s earlier in 2026. In August, Credo announced that its Toucan Gen6x16 PCIe retimer achieved PCI-SIG 6.x compliance at 64 GT/s and joined the PCI-SIG Integrators List.

The retimer business delivered record revenue, driven by increasing scale-up deployments. The growth was led by its Screaming Eagle retimer at 100G per lane, while the Blue Heron retimer began contributing at 200G per lane. Looking ahead, CRDO expects further opportunities for the Toucan retimer as PCIe Gen 6 adoption expands, while Screaming Eagle and Blue Heron are positioned to benefit from growing demand across Ethernet and UALink. As scale-up architectures continue to evolve, customers are adopting different protocols, topologies and connectivity approaches. CRDO’s ability to support multiple protocols gives it the flexibility to participate across these emerging architectures.

Rising bandwidth needs, a broader multiprotocol portfolio, faster product innovation and strong companywide growth position Credo’s retimer business for further expansion. However, major semiconductor companies and specialized competitors like Astera Labs (ALAB - Free Report) and Broadcom Inc. (AVGO - Free Report) are competing in the retimer and connectivity markets. Maintaining performance, power-efficiency and cost advantages will be essential for CRDO.

CRDO’s Retimer Race: Can It Maintain Its Edge?In July, ALAB expanded its Taurus portfolio with the industry’s first OCP-standard footprint-compatible 3.2T Smart Retimers and Smart Redrivers, designed for 200G-per-lane Ethernet, UALink and ESUN connectivity in AI infrastructure. The new 16-lane Smart Signal Conditioners feature the Smart Swap capability, enabling customers to switch between retimers and redrivers without redesigning circuit boards. Management expects the new offerings to double the Taurus market opportunity to more than $4 billion by 2030. Third-quarter revenue is expected to be $540-$560 million, with the midpoint implying 40% sequential growth, driven by Scorpio X-Series, Aries PCIe 6 retimers and preproduction Taurus shipments.

Broadcom is benefiting from expanding AI infrastructure spending, with custom XPUs and networking driving semiconductor growth while VMware supports infrastructure software. Multi-year engagements with six XPU customers, broader Ethernet adoption and rising AI deployments provide long-term revenue visibility. Broadcom continues to invest in PCI Express switching, optical DSPs, EMLs, VCSELs and continuous-wave lasers. Management expects AI networking revenue to grow at a pace similar to XPUs over the next few years, broadening Broadcom’s content opportunity as AI systems scale. It now expects fiscal 2026 AI revenue of $58 billion, up 186% from fiscal 2025.

CRDO Price Performance, Valuation and EstimatesShares of CRDO have surged 31% in the past month compared with the Electronics-Semiconductors industry’s growth of 1.7%.

Image Source: Zacks Investment Research

In terms of the forward 12-month price/sales ratio, CRDO is trading at 13.56, higher than the Electronics-Semiconductors industry’s multiple of 5.14.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CRDO’s earnings for fiscal 2027 has seen a significant uptick over the past 60 days.

Image Source: Zacks Investment Research

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

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Beam Therapeutics Inc. ("Beam" or the "Company") (NASDAQ: BEAM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Beam and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 8, 2026, Beam issued a press release "announc[ing] updated clinical data from the Phase 1/2 trial evaluating BEAM-302 for alpha-1 antitrypsin deficiency (AATD)."  Although the Company said that "treatment with single-dose BEAM-302 was well tolerated with an acceptable safety profile in both Part A and Part B cohorts", the press release also disclosed that "[t]ransient and predominantly Grade 1 alanine transaminase (ALT) and/or aspartate aminotransferase (AST) elevations were also observed." 

On this news, Beam's stock price fell $2.83 per share, or 9.54%, to close at $26.83 per share on September 8, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Trane Technologies plc (NYSE:TT – Get Free Report) declared a quarterly dividend on Wednesday, October 7th. Investors of record on Friday, December 4th will be given a dividend of $1.05 per share on Thursday, December 31st. This represents a $4.20 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, December 4th.

Trane Technologies has decreased its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Trane Technologies has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Trane Technologies to earn $17.57 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 23.9%.

Trane Technologies Stock Down 1.9% Shares of NYSE:TT opened at $467.16 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.45. Trane Technologies has a 52-week low of $348.06 and a 52-week high of $505.87. The company has a 50 day moving average of $454.27 and a two-hundred day moving average of $460.81. The company has a market capitalization of $102.78 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 2.22 and a beta of 1.15.

Trane Technologies (NYSE:TT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $4.31 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.04. Trane Technologies had a net margin of 13.28% and a return on equity of 35.72%. The business had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.20 billion. During the same period in the prior year, the firm earned $3.88 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Trane Technologies has set its FY 2026 guidance at 15.200-15.300 EPS. As a group, analysts forecast that Trane Technologies will post 15.3 earnings per share for the current fiscal year. (Get Free Report)

Trane Technologies plc is a global climate solutions company that develops and provides systems, equipment, services and controls for heating, ventilation, air conditioning and refrigeration. Its solutions are used in commercial buildings, industrial facilities, residential properties, data centers, transportation and other applications where temperature control and energy efficiency are important.

The company operates through two primary areas: Climate Solutions, which includes building heating and cooling systems, building controls, services and energy-management solutions; and Climate Solutions Transport, which provides refrigeration systems for trucks, trailers, shipping containers and other transportation applications.

Featured Stories Five stocks we like better than Trane Technologies Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

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Ausbil Investment Management Ltd bought a new stake in Elastic N.V. (NYSE:ESTC – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,402 shares of the company’s stock, valued at approximately $679,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ESTC. Sequoia Financial Advisors LLC acquired a new stake in shares of Elastic in the second quarter valued at about $211,000. Engineers Gate Manager LP boosted its position in Elastic by 43.7% during the second quarter. Engineers Gate Manager LP now owns 129,697 shares of the company’s stock valued at $7,395,000 after purchasing an additional 39,468 shares during the last quarter. Squarepoint Ops LLC boosted its position in Elastic by 1,139.5% during the second quarter. Squarepoint Ops LLC now owns 97,798 shares of the company’s stock valued at $5,576,000 after purchasing an additional 89,908 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Elastic in the second quarter valued at approximately $319,000. Finally, Syon Capital LLC bought a new position in Elastic in the second quarter valued at approximately $3,300,000. 97.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Elastic In other Elastic news, insider Carolyn Herzog sold 5,485 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $87.78, for a total value of $481,473.30. Following the transaction, the insider directly owned 112,954 shares of the company’s stock, valued at $9,915,102.12. This represents a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Mark Dodds sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $92.58, for a total transaction of $925,800.00. Following the sale, the executive owned 278,538 shares of the company’s stock, valued at $25,787,048.04. This trade represents a 3.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,585,641 shares of company stock worth $234,551,366 in the last ninety days. Insiders own 12.70% of the company’s stock.

Elastic Stock Down 1.4% ESTC stock opened at $93.30 on Thursday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $9.80 billion, a PE ratio of 26.14, a PEG ratio of 7.94 and a beta of 1.03. Elastic N.V. has a 1-year low of $42.05 and a 1-year high of $108.00. The business’s 50 day simple moving average is $85.23 and its 200 day simple moving average is $65.67. Elastic (NYSE:ESTC – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.12. Elastic had a net margin of 20.84% and a negative return on equity of 0.35%. The firm had revenue of $478.11 million during the quarter, compared to analysts’ expectations of $469.75 million. During the same period in the previous year, the business posted $0.60 earnings per share. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. Elastic has set its FY 2027 guidance at 3.290-3.370 EPS and its Q2 2027 guidance at 0.800-0.820 EPS. As a group, research analysts anticipate that Elastic N.V. will post 0.65 EPS for the current year.

Analysts Set New Price Targets A number of equities research analysts have recently issued reports on the company. DA Davidson upped their price objective on Elastic from $60.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 26th. Scotiabank raised their target price on shares of Elastic from $58.00 to $84.00 and gave the company a “sector perform” rating in a research note on Friday, August 28th. Guggenheim boosted their target price on shares of Elastic from $106.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Robert W. Baird upped their price target on shares of Elastic from $95.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. Finally, Piper Sandler reiterated a “hold” rating on shares of Elastic in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.52.

Get Our Latest Stock Report on ESTC

Elastic Company Profile (Free Report)

Elastic N.V. (NYSE: ESTC) develops search, observability and security software for organizations that need to collect, analyze and act on large volumes of data. Its platform helps users search structured and unstructured information, monitor applications and infrastructure, detect security threats and build artificial intelligence-powered experiences.

The company’s principal offerings include Elasticsearch, its distributed search and analytics engine; Kibana, a visualization and data exploration interface; and Elastic Cloud, a managed cloud service for deploying Elastic products.

Featured Stories Five stocks we like better than Elastic Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

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LOS ANGELES, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Papa John's International, Inc. (“Papa John’s” or “the Company”) (NASDAQ: PZZA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of PZZA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: August 7, 2025 to August 5, 2026

DEADLINE: November 2, 2026

If you are a shareholder who suffered a loss, click here to participate.

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The transformation plan developed by Papa John’s was not achieving results in the expected timeframe. The Company failed to prevent further erosion in market share. The Company was forced to sharply increase promotional efforts to preserve market share. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Papa John’s, investors suffered damages.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

Schall, Brown & Schwartz LLP

Ausbil Investment Management Ltd acquired a new position in shares of Onto Innovation Inc. (NYSE:ONTO – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,691 shares of the semiconductor company’s stock, valued at approximately $1,444,000.

Several other large investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Onto Innovation in the 2nd quarter valued at $2,083,436,000. Paradigm Capital Management Inc. NY acquired a new position in Onto Innovation in the second quarter valued at about $416,839,000. William Blair Investment Management LLC bought a new stake in shares of Onto Innovation in the second quarter worth about $251,812,000. Franklin Resources Inc. raised its position in shares of Onto Innovation by 21.4% during the fourth quarter. Franklin Resources Inc. now owns 1,353,001 shares of the semiconductor company’s stock worth $213,585,000 after purchasing an additional 238,500 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Onto Innovation during the 2nd quarter valued at about $162,052,000. Institutional investors own 98.35% of the company’s stock.

Analyst Ratings Changes A number of analysts recently issued reports on the company. Wall Street Zen raised Onto Innovation from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Freedom Capital upgraded shares of Onto Innovation to a “strong-buy” rating in a report on Wednesday, June 17th. Evercore reaffirmed an “outperform” rating and issued a $390.00 target price on shares of Onto Innovation in a research note on Friday, August 7th. Weiss Ratings upgraded Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 21st. Finally, Morgan Stanley lowered their target price on Onto Innovation from $383.00 to $360.00 and set an “overweight” rating for the company in a report on Tuesday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $380.00.

Read Our Latest Research Report on ONTO Onto Innovation Price Performance NYSE:ONTO opened at $304.35 on Thursday. Onto Innovation Inc. has a 52-week low of $118.97 and a 52-week high of $386.46. The company has a market cap of $14.93 billion, a P/E ratio of 114.42, a P/E/G ratio of 1.03 and a beta of 1.58. The company has a debt-to-equity ratio of 0.77, a quick ratio of 8.33 and a current ratio of 9.73. The stock’s 50-day simple moving average is $287.10 and its 200 day simple moving average is $280.96.

Onto Innovation (NYSE:ONTO – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.24. The firm had revenue of $343.13 million during the quarter, compared to the consensus estimate of $325.29 million. Onto Innovation had a return on equity of 13.44% and a net margin of 11.84%.The business’s revenue was up 35.3% compared to the same quarter last year. During the same period last year, the company earned $1.25 earnings per share. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, sell-side analysts forecast that Onto Innovation Inc. will post 8.04 EPS for the current fiscal year.

Insider Buying and Selling at Onto Innovation In other Onto Innovation news, Director Susan Lynch sold 1,000 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $302.30, for a total value of $302,300.00. Following the completion of the sale, the director owned 2,684 shares in the company, valued at $811,373.20. This trade represents a 27.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director David Miller sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $300.00, for a total transaction of $600,000.00. Following the transaction, the director owned 10,692 shares in the company, valued at $3,207,600. This represents a 15.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Onto Innovation Profile (Free Report)

Onto Innovation Inc (NYSE: ONTO) develops process control, inspection, metrology and lithography solutions for the semiconductor and advanced packaging industries. Its technologies help chip manufacturers monitor and control production processes, identify defects and improve yields during the fabrication of integrated circuits and other electronic components.

The company’s product portfolio includes optical and materials metrology systems, wafer and macro-defect inspection equipment, lithography systems, software and data-analysis tools, and solutions for semiconductor packaging and related applications.

See Also Five stocks we like better than Onto Innovation Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

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, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Jackson Financial Inc. ("Jackson Financial" or the "Company") (NYSE: JXN).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Jackson Financial and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On September 17, 2026, QVT Financial LP published a short report alleging that Jackson Financial's subsidiary, Jackson National Life, used an unusual installment arrangement with its captive reinsurer, Brooke Re, to mask massive hedge losses and inflate solvency metrics. 

Following publication of the report, Jackson Financial's stock price fell $7.72 per share, or 5.63%, to close at $129.38 per share on September 17, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

NORWALK, Conn., Oct. 08, 2026 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS | NASDAQ: FDS), a leading global intelligence and AI solutions provider to the financial markets, today announced an expansion of its partnership with Scotia Wealth Management, part of the Scotiabank group of companies. The expansion will further integrate FactSet's capabilities into Scotia Wealth Management's advisor and investment platforms, supporting its commitment to enhancing the advisor experience and helping teams deliver greater value for clients.

Advisors, investment professionals, and support team members across Scotia Wealth Management, will have access to FactSet's unified research and intelligence platform, bringing together investment research, market data, portfolio analysis, watchlists, and other resources in one place.

"We're continually evolving our advisor platform to better support the needs of advisors and clients," said Todd Barnes, Executive Vice President, Canadian Wealth Management Investment Advisory, Scotia Wealth Management. "Our partnership with FactSet is an important part of that evolution, introducing powerful capabilities that position us to deliver even more value across our business over time."

"Scotia Wealth Management sets a high bar for how technology can enable advisors, and we are proud to meet it," said Goran Skoko, Chief Revenue Officer at FactSet. "This expansion reflects the strength of a partnership built on trust, performance, and a shared belief that advisors deserve the very best tools available. We look forward to continuing to deliver on that promise together."

This expanded initiative underscores FactSet's growing momentum as the platform of choice for wealth management firms seeking to equip their advisors with a decisive competitive edge, and reinforces Scotiabank's position as a firm that holds itself to the highest standard when it comes to the technology and tools it puts in the hands of its people.

About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that help our clients maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy side, sell side, wealth management, private equity, and corporate sectors. With over 48 years of expertise, a presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 9,200 global clients and over 260,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn.

About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at July 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on X @Scotiabank.

To learn more about Scotia Wealth Management, please visit:

www.scotiawealthmanagement.com

FactSet
Media Relations:
Adam Dalezman
+1.203.810.1035
[email protected]

Regions Financial Corporation (NYSE:RF) will release its third-quarter earnings report before the opening bell on Friday, Oct. 16.

Analysts expect the Birmingham, Alabama-based company to report quarterly earnings of 66 cents per share, up from 63 cents per share in the year-ago period. The consensus estimate for RF’s quarterly revenue is $2 billion. It reported $1.93 billion last year, according to Benzinga Pro.

On July 17, Regions Finl posted better-than-expected second-quarter earnings.

Regions Financial shares fell 1.3% to close at $26.70 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

UBS analyst Erika Najarian maintained a Neutral rating and cut the price target from $33 to $30 on Oct. 5, 2026. This analyst has an accuracy rate of 63%. JP Morgan analyst Vivek Juneja maintained a Neutral rating and cut the price target from $32 to $30.5 on Oct. 2, 2026. This analyst has an accuracy rate of 57%. Evercore ISI Group analyst John Pancari maintained an Underperform rating and slashed the price target from $31 to $27 on Oct. 1, 2026. This analyst has an accuracy rate of 61%. Morgan Stanley analyst Betsy Graseck maintained an Equal-Weight rating and cut the price target from $36 to $35 on Sept. 28, 2026. This analyst has an accuracy rate of 63%. Truist Securities analyst Brian Foran maintained the stock with a Hold rating and lowered the price target from $34 to $31 on Sept. 23, 2026. This analyst has an accuracy rate of 61%. Considering buying RF stock? Here’s what analysts think:

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

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

Daily Spot Silver (XAG/USD) Spot silver is trading sharply lower Thursday after failing to hold the long-term 50% level at $60.835. The main trend is down according to the daily swing chart.

The move through last Friday’s low at $59.69 signals a resumption of the downtrend. A trade through the main top at $67.55 will change the main trend to up.

The minor trend is down. A trade through the minor top at $62.09 will turn the minor trend up.

The first resistance is $60.835, followed by $61.04 and the minor top at $62.09. The 50-day moving average at $64.21 remains well overhead.

The break below $59.69 puts the swing bottoms at $56.56 and $54.78 in play. The long-term value area extends from $60.835 down to the 61.8% retracement level at $46.48.

What to Watch The 30-year auction is the next test for silver. The Fed has left a December hike in the price, the dollar is close to Monday’s high and the 10-year remains near a 24-year high. Sellers have control going into the sale.

Spot silver reached $60.61 early Thursday, then broke below $59.69 on the way to $58.50. The bias is to the downside while the main trend and minor trend are down, price remains below the long-term midpoint and the market trades under the 50-day moving average. The next swing bottom is $56.56.

More Information in our Economic Calendar.

 | Source: Trekor Metals Limited

VANCOUVER, British Columbia, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Trekor Metals Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Trekor” or the "Company") is pleased to announce third quarter total production of 41 million pounds of copper from its 100%-owned Gibraltar mine and Florence Copper production facility.

Gibraltar produced 34 million pounds of copper and 380 thousand pounds of molybdenum in the quarter. The Connector Pit continued to deliver strong grades which, in addition to an increase in mill throughput and improved SX/EW plant performance, drove a 12% increase in quarterly production. Copper sales from Gibraltar totalled 31 million pounds in the period.

The Florence Copper ramp-up continued in the third quarter with steady monthly production growth. Total copper cathode production was seven million pounds, a 36% increase over the prior period. Sales for the quarter were seven million pounds.

Stuart McDonald, President & CEO of Trekor, commented, “Solid progress on the Florence Copper ramp- up continued in the third quarter with no wellfield performance issues of any significance. Initial flow rates across the wellfield continue to exceed expectations, and work is ongoing to optimize the balance between wellfield flows and PLS grade. The SX/EW plant has been operating very well, producing high-quality copper cathode with no impurities, and operated for several days last week at design capacity without issue. The one area where progress remains behind our initial plan is the wellfield expansion. Drilling rates have improved in recent months, but we are still about three months behind our original plan. We are now expecting 25 to 28 million pounds of copper production in 2026. Wells recently brought online, together with those expected to come online shortly, are anticipated to support a significant increase in cathode production, completing the ramp-up to full production capacity in early 2027.”

“Our Gibraltar mine had another strong quarter of operating performance, as higher grade ore was mined from the bottom of the Connector Pit. The transition back into more complex ore began later in the third quarter which impacted recoveries as expected. In the fourth quarter we expect lower grades and recoveries as mining transitions back to the upper benches of the Connector Pit. Based on production through three quarters, we now expect Gibraltar to produce 115 to 120 million pounds of copper, an increase over our original guidance of 110 to 115 million pounds.”

On October 6, Florence Copper hosted an event in Arizona to mark the onset of commercial production at the world’s first greenfield commercial-scale in-situ copper operation. Representatives of federal, state and local governments attended, including U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin, along with employees, community and business partners. Administrator Zeldin commented, “After almost two decades without a new copper source anywhere in the U.S., the Florence Copper Mine in Arizona is now open and will produce tens of millions of pounds of copper per year and create hundreds of good-paying jobs to the community. It was great to be there in person yesterday to celebrate the mine’s opening—a huge win for Arizona’s economy and its environment.”

“Bringing Florence Copper into production is a huge accomplishment for our team, and for all of our partners and supporters who made it possible,” Mr. McDonald said. “Florence Copper brings Trekor one step closer to its goal of becoming a leading North American copper producer.”

View video and photo highlights of the event at: Trekor Metals | Trekor Talks

On October 8, Trekor is hosting an analyst and investor site tour at Florence Copper. The presentation, which provides an overview of the in-situ copper operation and an update on the production ramp-up, can be found on Trekor’s website at: Trekor Metals | Corporate Presentations

For further information on Trekor, see the Company’s website at trekormetals.com or contact:

Investor Enquiries: Brian Bergot, Vice President, Investor Relations - 778-373-4533 or toll-free 1-877-441-4533 Stuart McDonald
President and CEO

No regulatory authority has approved or disapproved of the information contained in this news release

Caution Regarding Forward-Looking Information

This document contains “forward-looking statements” that were based on Trekor’s expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “outlook”, “anticipate”, “project”, “target”, “believe”, “estimate”, “expect”, “intend”, “should” and similar expressions.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:

uncertainties about the future market price of copper and the other metals that we produce or may seek to produce;changes in general economic conditions, the financial markets and in the market price for our input costs including due to inflationary impacts, such as diesel fuel, acid, steel, concrete, electricity and other forms of energy, mining equipment, and fluctuations in exchange rates, particularly with respect to the value of the U.S. dollar and Canadian dollar, and the continued availability of capital and financing;inherent risks associated with mining operations, including our current mining operations at Gibraltar and Florence Copper, and their potential impact on our ability to achieve our production estimates;our high level of indebtedness and its potential impact on our financial condition and the requirement to generate cash flow to service our indebtedness and refinance such indebtedness from time to time;any increases in interest rates may increase our borrowing costs and impact the profitability of our operations;the amounts we are required to pay for our acquisition of Cariboo will increase with higher copper prices;the risk of inadequate insurance or inability to obtain insurance to cover our business risks;uncertainties related to the accuracy of our estimates of Mineral Reserves (as defined below), Mineral Resources (as defined below), production rates and timing of production, future production and future cash and total costs of production and milling;the risk that we may not be able to expand or replace Mineral Reserves as our existing Mineral Reserves are mined;the risk that the ramp-up of the Florence Copper commercial production facility does not proceed within projected timelines or cost estimates, or that initial operations do not achieve results consistent with the projections in the Florence Copper Technical Report, including with respect to operating costs, revenue, sustaining capital, rates of return and cash flows from operations;our ability to comply with all conditions imposed under the APP and UIC permits for the operation of Florence Copper;the availability of, and uncertainties relating to, any additional financing necessary for the continued ramp-up and commercial operation of Florence Copper, including with respect to our ability to obtain any additional financing, if needed, to continue and expand commercial operations at Florence Copper;shortages of water supply, critical spare parts, acid, diesel, maintenance service and new equipment and machinery or our ability to manage surplus water on our mine sites may materially and adversely affect our operations and development projects;our ability to comply with the extensive governmental regulation to which our business is subject;uncertainties related to our ability to obtain necessary title, licenses and permits for our development projects and project delays due to third party opposition;uncertainties related to Indigenous people’s claims and rights, and legislation and government policies regarding the same;our reliance on the availability of infrastructure necessary for development and on operations, including on rail transportation and port terminals for shipping of our copper concentrate production from Gibraltar, and rail transportation and power for the feasibility of our other British Columbia development projects;uncertainties related to unexpected judicial or regulatory proceedings;changes in, and the effects of, the laws, regulations and government policies affecting our exploration and development activities and mining operations;potential changes to the mineral tenure system in British Columbia, which is undergoing reform including for compliance with the British Columbia Declaration on the Rights of Indigenous Peoples Act (“DRIPA”);our dependence solely on our 100% interest in Gibraltar and in due course, Florence Copper for our revenues and our operating cash flows;our ability to extend existing concentrate off-take agreements and cathode purchase agreements or enter into new agreements;environmental issues and liabilities associated with mining including processing and stockpiling ore;labour strikes, work stoppages, or other interruptions to, or difficulties in, the employment of labour in markets in which we operate mines, industrial accidents, equipment failure or other events or occurrences, including third party interference that interrupt the production of minerals in our mines;environmental hazards and risks associated with climate change, including the potential for damage to infrastructure and stoppages of operations due to extreme cold, extreme heat, forest fires, flooding, drought, earthquakes or other natural events in the vicinity of our operations;litigation risks and the inherent uncertainty of litigation;our actual costs of reclamation and mine closure may exceed our current estimates of these liabilities;our ability to renegotiate our existing union agreement for Gibraltar when it expires in May 2027;the capital intensive nature of our business both to sustain current mining operations and to develop any new projects;our ability to develop new mining projects in British Columbia may be impacted by joint decision-making and consent agreements being implemented by the Government of British Columbia with First Nations under DRIPA;The ability to develop the New Prosperity Project is subject to the restrictions set out in our June 2025 Tripartite Agreement with the Province of British Columbia and the Tŝilhqot’in Nation (the “Teẑtan Biny Agreement”), under which the New Prosperity Project is subject to a land use planning process with the Province of British Columbia and we are not permitted to be the proponent of any development of the New Prosperity Project;our reliance upon key personnel;the competitive environment in which we operate;the effects of forward selling instruments to protect against fluctuations in copper prices and other input costs including diesel and acid;the risk of changes in accounting policies and methods we use to report our financial condition, including uncertainties associated with critical accounting assumptions and estimates;uncertainties relating to the war in Ukraine, the escalating military conflict involving Iran and broader Middle East instability, and other future geopolitical events including social unrest, which could disrupt financial markets, commodity markets, supply chains, the price and availability of energy, availability of materials and equipment and execution timelines for any project development;uncertainties relating to the delivery of oil through the Strait of Hormuz resulting from Middle East instability, which could have an adverse effect on global economic activity and potentially increase operating costs generally and reduce global demand for copper, and have a material adverse effect on our business, operations, and the feasibility of our development projects;changes to U.S. trade policies and tariff measures, including retaliatory tariffs imposed or threatened by Canada and other trading partners, may adversely impact overall economic conditions, copper markets, supply chains, metal prices and input costs; andother risks detailed from time-to-time in our annual information forms, annual reports, MD&A, quarterly reports and material change reports filed with and furnished to securities regulators, and those risks which are discussed under the heading “Risk Factors”.
For further information on Trekor, investors should review the Company’s annual report on Form 40-F filed with the United States Securities and Exchange Commission and available at www.sec.gov and home jurisdiction filings that are available at www.sedarplus.ca.

powered by

IREN short

Sell short IREN. The news confirms a transition: revenue is flat-ish while depreciation is huge ($112M+ on $137M revenue) and debt has ballooned ($7.4B). Investors are already treating “neocloud” as a bubble trade, and the chart is bearish (below 50/100-day, falling RSI/MACD, bearish flag/ascending channel breakdown). Likely path is continuation toward ~$28.74.

Key Risk: AI-cloud demand stays strong enough to quickly prove cash-flow break-even, forcing lenders/investors to re-rate IREN despite depreciation and debt.

CoreWeave/Nebius short basket

Short the neocloud peer group (e.g., CoreWeave and Nebius) as a basket. The article says IREN’s weakness mirrors them, and the shared thesis-killer is the same: high capex/rapid GPU obsolescence plus heavy leverage in a high-rate environment. If the market is de-risking the whole theme, the losers fall together even if individual deals look good.

Key Risk: One peer shows a clear, near-term path to durable profitability (or gets a major funding/credit backstop) that breaks the “theme de-risking” correlation.

IREN stock has remained under pressure this month as investors have remained cautious of neocloud companies. It dropped to $38.70 on Wednesday, down modestly from the September high of $49.60 and by 50% from its all-time high. 

IREN, formerly known as Iris Energy, is an Australian company that is slowly pivoting from Bitcoin mining to AI data centers. It has already inked several deals, including a $9.7 billion one with Microsoft, and the management has suggested that demand remains high. It also signed a large deal with several AI companies like Perplexity and Reflection AI.

The most recent results showed that its business was in a transition mode from Bitcoin mining to AI. Its revenue dropped from $144.8 million in the first quarter to $137.2 million. This happened as its AI cloud service revenue rose from $33 million to $70.5 million and its Bitcoin 

The ongoing IREN stock weakness has mirrored the performance of other neocloud companies like CoreWeave and Nebius. It is happening as investors remain concerned about the potential bursting of the AI bubble, which Ray Dalio warned may happen any time now. He pointed to the elevated interest rates, with the ten-year yield trading at the highest level in over two decades, 

There are also concerns about the rising depreciation, which remains elevated. IREN’s depreciation and amortization stood at over $112 million, a significant amount considering that its revenue was $137.2 million. 

IREN and other companies believe that their GPUs have a useful life of over 6 years, while analysts like Michael Burry believe the ideal duration is less than three years. He notes that the value of their chips will drop after the launch of the new GPU models by Nvidia. 

There are also concerns about the rising debt load. IREN’s debt has jumped to over $7.4 billion as the company has continued to borrow to fund its growth. In June last year, it had a debt of about $965 million. There is also a risk that it will dilute its shareholders further, with its outstanding shares rising to 380 million from 331 million in January this year.

IREN stock chart | Source: TradingView

The daily chart shows that the IREN share price has slumped in the past few months despite its expected revenue surge. It has already moved below the 50-day and 100-day moving averages, a sign that bears have prevailed.

The stock has formed an ascending channel, which is part of a bearish flag pattern. It has now moved to the lower side of the channel. Also, the Relative Strength Index (RSI) and the MACD indicators have continued falling. Therefore, the most likely scenario is where the stock continues falling, with the next key target being $28.74, its lowest level in July this year.

Purpose-built retimers, redrivers, cable modules, optical drivers, and optical transimpedance amplifiers (TIAs) to support diverse PCIe 7 connectivity in AI systems

News highlights:

Most comprehensive PCIe signal conditioning portfolio: Building on Aries’ field-tested deployments, Aries Smart Signal Conditioning family is now the industry’s first PCIe 7 portfolio to span copper and optical interconnects including retimers, redrivers, cable modules, optical drivers, and optical TIAs.PCIe 7 connectivity from chip-to-chip, box-to-box, and rack-to-rack: Aries 7 portfolio is designed to enable PCIe 7 connectivity across chip-down solutions, smart cable modules including near package optics (NPO), linear pluggable optics (LPO), and copper—giving customers the flexibility to optimize for reach, power and density for each link in an AI cluster.Smart, unified link intelligence: Advanced fleet management and deep diagnostics across Aries 7 portfolio is unified under the COSMOS software suite for ease of monitoring, debugging, and dynamic tuning—accelerating time-to-market and improving utilization for deployment at scale.
SAN JOSE, Calif., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced the industry’s broadest PCIe® 7 signal conditioning portfolio spanning smart retimers, redrivers, cable modules, optical drivers, and optical TIAs. The expanded Aries 7 portfolio offers hyperscalers, neoclouds, OEMs and ODMs a comprehensive connectivity platform that now extends reach from centimeters of PCB trace to 50+ meters over optical cables spanning multiple racks.

Multi-rack AI clusters are demanding more bandwidth between every accelerator, memory pool, and networking port. Yet doubling PCIe data rates shrinks signal margins, where a single unstable link can idle costly accelerators that reduce token-per-watt performance. And getting these platforms to production has meant stitching together fragmented multi-vendor solutions with different firmware and software, then re-spinning board designs and validation—resulting in delays in deploying AI infrastructure.

Aries has long been the gold standard for reliable PCIe links resulting in high accelerators’ utilization. The Aries PCIe 7 expansion carries that same philosophy across every channel a modern cluster needs: use copper where it is the most efficient choice and move to optical where reach demands it—all optimized and monitored through Astera Labs’ unified COSMOS software suite. Aries 7 Smart Retimers and Smart Redrivers support the OCP Signal Conditioner Standard Footprint, allowing customers to design once and decide later: as design requirements change, customers can pick different signal conditioners without redesigning the board—optimizing for power and accelerating time-to-market. Aries 7 Smart Optical Drivers and Optical TIAs enable that same intelligence in low power, high density NPO and LPO, designed to deliver optimum performance across multi-rack AI fabrics.

Platform partners have put Aries link reliability to the test across multiple generations: AMD and Intel have each validated Aries Smart Retimers in production across their platforms from PCIe 4 through 6. Both companies are now collaborating with Astera Labs to lead the industry's transition to PCIe 7.

“The real question for architects isn't retimer vs redriver, or copper vs optical: it's whether they have one comprehensive toolbox with the optionality to pick the right tool for their evolving reach, density and power requirements,” said Adit Narasimha, senior vice president, Signal Connectivity Group at Astera Labs. “That is what we built with Aries: the same intelligence and the same software, for the solution the link needs.”

Aries 7 Smart Retimers, Smart Redrivers, Smart Cable Modules, and Smart Optical Driver and TIAs are expected to begin sampling in Q4 2026 to select hyperscale, OEM, and NPO customers, with broader availability anticipated as platforms complete qualification. Astera Labs will showcase PCIe 7 copper and optical demonstrations next week at the 2026 Open Compute Project (OCP) Global Summit, Oct. 12-15 in San Jose.

Additional Resources:

“Nothing Out of Reach: The Aries PCIe® 7 Family Delivers Copper and Optical Signal Conditioning for AI’s Next Chapter” Blog: www.asteralabs.com/resources/blog/nothing-out-of-reach-the-aries-pcie-7-family-delivers-copper-and-optical-signal-conditioning-for-ais-next-chapterAries 7 Smart Signal Conditioning Portfolio: www.asteralabs.com/products/aries-smart-signal-conditioners/Aries 7 Smart Retimers: www.asteralabs.com/products/pcie-cxl-smart-dsp-retimers/Aries 7 Smart Redrivers: www.asteralabs.com/products/aries-smart-redrivers/Aries 7 Smart Cable Modules: www.asteralabs.com/products/aries-smart-cable-modules/Aries 7 Smart Optical Driver: www.asteralabs.com/products/aries-smart-optical-drivers/Aries 7 Smart Optical TIAs: www.asteralabs.com/products/aries-smart-optical-tias/
Ecosystem Support:
Raghu Nambiar, Corporate Vice President, Data Center Ecosystems and Solutions, AMD:
“As AI infrastructure grows across servers and racks, customers need open connectivity options that work with their platform designs. AMD is advancing a broad portfolio of compute and connectivity technologies, and we work with ecosystem partners such as Astera Labs to help customers build flexible, interoperable AI systems.”

Srini Krishna, Fellow, Intel Data Center Group:
“As systems continue to scale, reliable high-speed connectivity is essential to keeping compute resources efficiently utilized. Intel’s collaboration with Astera Labs builds on multiple generations of PCIe retimer validation and extends that proven interoperability toward PCIe 7, helping customers design scalable platforms with greater confidence and flexibility.”

Matt Sysak, Chief Technology Officer, Lumentum:
“Linear optics works at scale only if the electrical and optical halves of the link are designed together from the start. Pairing our photonic engines with Astera Labs' Aries 7 Smart Optical Driver and TIA lets us hit the reach and density targets that multi-rack AI fabrics need, without the power and latency penalties of a retimed optical module.”

Samuel Liu, Vice President, Product, Lumilens:
“An AI cluster is only as strong as its weakest link six months into deployment. Astera Labs' Aries 7 Smart Optical Driver and TIA let us build optical connectivity solutions with links that hold their signal integrity over the full life of a deployment, not just on Day One. That resilience, combined with enabling consistent performance across every unit we build, gives hyperscalers the confidence to qualify our solutions once and scale them across their fleet.”

Zane Ball, Chief Technical Officer, Open Compute Project:
“The OCP Signal Conditioner Standard Footprint was built to be protocol-agnostic, and extending it from Taurus's Ethernet and UALink applications to the Aries PCIe portfolio is exactly the kind of industry-wide adoption we hoped to see. One common footprint spanning multiple protocols means hyperscalers can design their boards once and rely on multi-vendor sourcing as their fabrics evolve, instead of re-solving the same integration problem for every new interconnect.”

About Astera Labs
Astera Labs (Nasdaq: ALAB) provides rack-scale AI infrastructure through purpose-built connectivity solutions. By collaborating with hyperscalers and ecosystem partners, Astera Labs enables organizations to unlock the full potential of modern AI. Astera Labs’ Intelligent Connectivity Platform integrates CXL®, Ethernet, NVLink Fusion, PCIe®, and UALink™ semiconductor-based technologies with the company’s COSMOS software suite to unify diverse components into cohesive, flexible systems that deliver end-to-end scale-up and scale-out connectivity. The company’s custom connectivity solutions business complements its standards-based portfolio, enabling customers to deploy tailored architectures to meet their unique infrastructure requirements. Discover more at www.asteralabs.com.

Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the federal securities laws. These include statements about the expected capabilities, performance, reach, benefits, sampling timing, availability, qualification, customer adoption, commercial success and market opportunity of Astera Labs' Aries 7 Smart Signal Conditioning portfolio. They also include statements about related ecosystem collaboration, industry standards, and market trends and conditions. Forward-looking statements may be identified by words such as "allowing," "anticipated," "can," "designed to," "enable," "expected," "flexibility," “offers,” "will" and similar expressions.

These forward-looking statements are based on current expectations and assumptions. They involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, the risk that:

demand for multi-rack AI clusters, PCIe 7 connectivity and related AI infrastructure does not develop as anticipated;customers do not adopt PCIe 7, optical interconnects (including near package optics and linear pluggable optics), or the OCP Signal Conditioner Standard Footprint on the expected timelines or at all;Astera Labs' products do not achieve the expected benefits in customer environments;testing, validation or interoperability results are not indicative of real-world performance;the COSMOS software suite does not deliver the expected fleet management, diagnostic or tuning capabilities across the Aries 7 portfolio;sampling programs, customer evaluations, platform qualifications or ecosystem collaborations do not result in production deployments or revenue;Astera Labs and its ecosystem partners are unable to develop, manufacture, qualify, deploy or support products and technologies on expected timelines or at expected cost;technology, customer requirements, competitive offerings or industry standards change;supply chain constraints or disruptions occur;litigation or disputes arise relating to Astera Labs' products or technologies;global economic, political and industry conditions, including those affecting the semiconductor and AI infrastructure markets, change;regulatory developments or international conflicts occur; andthe other risks and uncertainties described in Astera Labs' Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission materialize.
Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on forward-looking statements. Astera Labs undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Media Contact:
Peter Lo
[email protected]

One of the stocks investors are most excited about right now is Space Exploration Technologies (SPCX -2.51%). The artificial intelligence (AI) and space stock has caught investors' imagination about what the future could hold. With $5,160, you can buy 30 shares.

SpaceX offers a combination of substantial near-term and long-term opportunities. In the near term, the company has become one of the premier ways to play the cloud computing market. By acting as a bridge provider, renting out compute capacity on a short-term basis, SpaceX is getting superior economic returns. While it takes Amazon two to three years to break even on its chip and network investments, SpaceX is getting a payback in one year.

Today's Change

(

-2.51

%) $

-4.32

Current Price

$

167.60

Expect this to be the company's biggest revenue growth driver during the next three years. It's already set to potentially more than double the graphics processing units (GPUs) used by its Colossus 2 AI chip cluster, and it recently agreed to rent out $1.1 billion a month in compute capacity to an unnamed customer. Meanwhile, Anthropic recently revealed that it has agreed to lease $1.25 billion a month in computing power from SpaceX over the next three years. In addition to AI infrastructure, SpaceX should see solid growth from both its satellite internet service, Starlink, and its recently acquired AI coding platform, Cursor.

A SpaceX investment is more about the growth it will see in the next three years, though. The company has some huge potential long-term opportunities associated with its space business. Chief among these are data centers in space, which would solve the big energy consumption issues related to AI infrastructure. It is also looking to create new industries, such as terrestrial cargo transport and asteroid mining. If SpaceX can transform Starship into a fully reusable rocket, it will drastically lower launch costs and make these projects much more economically viable.

Image source: The Motley Fool.

SpaceX is a unique stock that undoubtedly will trade at a premium due to the promise it holds. However, I think one of the best ways to value the stock in the near to medium term is to use past price-to-sales (P/S) multiples of Tesla when it was still in its early stages as a public company. A couple of years after Tesla went public, in late 2011, it was trading at a P/S of about 12.

The current analyst average revenue forecast for SpaceX is that it will generate $293.9 billion in revenue in 2029, and at the end of last quarter, it had roughly 13.2 billion shares outstanding. That could prove low, and the highest analyst estimate for that year is about $465 billion. Place a P/S multiple of 12 on the stock based on the average estimate, and it would trade at about $267, or more than 50% higher than today. At the high end of the estimates, it would trade at about $423.

However, let's assume that in three years, investors start looking a couple more years out toward 2031 revenue estimates, given the company's huge expected revenue growth. Place an 8 times forward P/S multiple on the $829.1 billion 2031 revenue forecasts, and the stock would be worth $502 in 2029. Meanwhile, at the high end of 2031 estimates (more than $1.1 trillion in revenue), it would trade near $675.

Taken altogether, that values the stock at a wide range between $267 and $675 in the next three years. At the low end, a $5,160 investment would be worth about $8,000, while at the high end it would be worth $20,250. If we take the midpoint, the stock would trade at about $470, good for about a 275% gain, and a $5,000 investment would be worth around $14,000.

The next few years for SpaceX are going to be all about revenue growth and execution, as well as what valuation multiple the stock can command. That said, SpaceX has the potential to be a huge performer over the next three years.

For months, the bears had a simple story to tell about Tesla Inc. NASDAQ: TSLA: demand for its electric vehicles (EVs) was fading, the competition was closing in, and the glory days of growth were over. On Oct. 2, however, Tesla handed them an awkward set of numbers.

Tesla Today

$377.75 -2.93 (-0.77%)

As of 10/7/2026 04:00 PM Eastern

$297.38▼

$498.83349.77

$412.19

The EV giant delivered 486,532 vehicles in the third quarter, comfortably ahead of the roughly 462,000 Wall Street had expected and its second-highest quarterly total on record. The market's response was emphatic, with shares jumping almost 5% on the day, extending a run that has seen them climb around 10% over the past week to trade near $380. The stock is now up more than 25% since its low back in July.

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So the immediate question has been answered: demand hasn’t actually fallen off a cliff. But with that easy win banked, the harder questions are coming into view.

Does this mark the start of a real recovery, or simply a good quarter flattered by timing, and what does Tesla need to prove when it reports full third-quarter earnings in a couple of weeks?

The Beat That Silenced the DoubtersLast week’s headline was a clear win. Beating expectations by more than 24,000 vehicles is no small feat, especially after a year when Tesla's sales wobbled, and rivals gained ground. For a quarter many feared would disappoint, the result was reassuring.

Europe was the standout driver, with demand staging a notable recovery. Registrations surged last month, with Tesla's numbers up around 62% in France, 38% in Sweden, and 25% in Spain. After a long stretch of weakness on the continent, that rebound suggests the brand's troubles there may be easing.

It also reaffirms that the Model 3 and Model Y remain formidable sellers, again accounting for the vast bulk of deliveries. Tesla's core lineup, even as it ages, still has plenty of pulling power in a fiercely competitive market.

The Catch Beneath the HeadlineLook a little closer, though, and the picture is more nuanced. Although the quarter beat expectations, deliveries were down about 2% from the same period last year. In other words, last week’s numbers could be viewed as a solid beat on expectations, but not the full return to the growth the most optimistic bulls would have wanted.

There’s also a timing wrinkle that can’t be ignored. A generous U.S. tax credit for electric vehicles expired last week, which likely pulled some sales forward as buyers rushed to beat the deadline. That raises an uncomfortable possibility: some of last quarter's strength may have been borrowed from this one.

That makes the current quarter a real test. With the tax-credit boost gone, investors will be watching closely to see whether demand holds up, or whether the fourth quarter reveals that the third was flattered by a one-off scramble.

Why the Bulls Are Still in ChargeFor now, though, the optimists have the upper hand, and not without reason. The delivery beat has eased fears of a deeper slump, the European recovery looks real, and momentum is firmly on the stock's side heading into this month’s earnings.

Crucially, the bull case stopped resting on vehicle deliveries a long time ago. The stock’s towering valuation reflects a belief that Tesla has become far more than a carmaker, with its robotaxi ambitions, the Cybercab, the Optimus robot, and its wider AI efforts all representing potentially enormous future businesses. A solid delivery number reassures investors that the core business funding those dreams remains healthy.

There is fresh momentum on that front, too. Tesla is set to show the Cybercab at next week’s Paris Motor Show, with a potential European launch as early as 2027, while regulators on the continent inch toward approving its self-driving software. For the bulls, this is a company making progress on both its near-term and long-term fronts.

What to Watch From HereThe stage is now set for Tesla's full earnings report in two weeks, which will reveal whether strong volumes are actually translating into healthy profits. That is where the real scrutiny lies, because a delivery beat means little if margins have been sacrificed to achieve it.

The bears will point to the year-over-year decline, the heavy reliance on two models, and last week’s tax-credit cliff as reasons the celebration may be premature. The bulls will counter that the demand scare has passed and the long-term story is only getting more exciting. Both have a point, which is why the upcoming earnings, and the margins and guidance within them, matter so much.

For investors, the recent delivery beat is a win worth savoring, but not one to get carried away with. For sure, it has bought Tesla some breathing room and temporarily silenced the doubters, yet the questions that really move this stock, in particular profitability and the progress of its autonomous ambitions, remain firmly on the table. Only the company's next earnings report, due in just under two weeks, can answer them.

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

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Uber and Chinese autonomous vehicle maker Pony.ai plan to launch a robotaxi service in London as part of an expanded partnership to bring driverless cars to Europe. The two companies said on Thursday that they would begin testing Pony.ai’s Gen-7 robotaxis in London in the coming weeks.

The announcement is the latest instance of Uber’s ambitious push into autonomous vehicle technology through a growing web of partnerships and investments. The ride-hailing company has struck deals with more than 30 autonomous vehicle companies, including Pony.ai, over the past few years as it seeks to capture a share of the autonomous delivery and ride-hailing markets.

Uber expects to offer AV trips in as many as 15 cities globally by the end of 2026, roughly split between U.S. and international markets.

Uber and Pony.ai first partnered in May 2025, initially focusing on the Middle East. The relationship has since expanded to Europe, where it plans to deploy 2,000 robotaxis, starting with Croatia’s capital, Zagreb.

In August 2026, the companies launched an autonomous ride-hailing service in Zagreb with a third partner, Verne. Under that arrangement, Pony.ai supplies the autonomous driving system and the Arcfox Alpha T5 robotaxi, developed with Chinese automaker BAIC. Verne, a startup set up by Rimac Group founder and CEO Mate Rimac, owns and operates the fleet, while Uber provides access to its vast ride-hailing network.

The London service will follow a similar model, although the companies have not said who will own and operate the fleet.

Pony.ai won’t be Uber’s only robotaxi partner in London. The company has also partnered with and invested in British self-driving startup Wayve, and plans to launch a robotaxi service in the city.

In February 2026, Wayve raised $1.2 billion in a funding round that saw investments from Microsoft, Nvidia and Uber. The total funding in that round could reach $1.5 billion thanks to an additional $300 million from Uber, contingent on Wayve deploying robotaxis, starting in London.

Uber has pursued this multi-partner strategy elsewhere. In Dubai, for instance, it has struck separate deals with Baidu and WeRide to launch robotaxi services.

Pony.ai, meanwhile, has launched robotaxi services in four Chinese cities and secured partnerships with local transportation authorities as it works to expand into European and Middle Eastern markets, including Qatar.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.

You can contact or verify outreach from Kirsten by emailing [email protected] or via encrypted message at kkorosec.07 on Signal.

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games characters in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesOct 8 (Reuters) - Italy's antitrust authority said on Thursday it had launched a probe into several Microsoft-owned (MSFT.O), opens new tab video-game makers over their use of ​virtual currencies.

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Italy's probe is aimed at Activision Blizzard, ‌among other companies of the Microsoft group, the antitrust authority said in a statement, without naming the others

Microsoft was not immediately available for ​comment

The move is part of a wider European Union-coordinated ​initiative by the EU's Consumer Protection Cooperation (CPC) Network. The ⁠network launched actions last month against nine video-game companies, including ​Riot Games, Ubisoft (UBIP.PA), opens new tab and Supercell, and had earlier opened a ​separate action against Microsoft-owned Activision Blizzard

The aim of the coordinated action is to promote transparency and fairness in the gaming sector, particularly protecting the ​rights of minors

The probes focus on the transparency and fairness ​of in-game virtual currencies used to purchase cosmetic upgrades, weapon enhancements and ‌other ⁠digital items, the Italian regulator said

Purchases are often priced in virtual currencies rather than euros and may involve multiple layers of conversion, making it harder for consumers to understand how much ​they are spending, ​the authority ⁠said

The Italian Competition Authority will act as lead authority, working together with peers in Norway ​and Denmark

The watchdogs will seek to determine whether ​the companies ⁠may have committed a "widespread infringement" of EU consumer protection rules affecting consumers in at least three EU member states

The coordinated action ⁠complements ​investigations the Italian regulator opened nationally ​in December into Microsoft group companies over the popular games "Diablo Immortal" and "Call of ​Duty Mobile".

Reporting by Anna Uras; Editing by Giulia Segreti and Xevi Fontdegloria

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