PQC readiness and encryption hygiene dashboards make quantum exposure visible, measurable, and actionable so organizations prioritize risk and demonstrate PQC readiness
SAN JOSE, Calif.--(BUSINESS WIRE)--Forescout Technologies Inc., a global cybersecurity leader, today announced the launch of its Post-Quantum Cryptography (PQC) Readiness and Encryption Hygiene Dashboards. The new dashboards are designed to help organizations identify, prioritize, and manage quantum risk across information technology (IT), operational technology (OT), Internet of Things (IoT), and medical devices (IoMT) environments.
As organizations face new pressures from regulators, auditors, and boards to demonstrate PQC awareness and progress, Forescout accelerated its development timeline to deliver operational security capabilities to understand and prioritize where quantum-unsafe encryption creates real exposure.
“Organizations don’t just need new algorithms or upgraded platforms, they need clarity about where quantum-unsafe encryption creates exposure in their environments,” said Barry Mainz, CEO of Forescout. “The PQC readiness and encryption hygiene dashboards are designed to deliver that clarity, helping security leaders see, prioritize, and reduce quantum risk now, even as full migration progresses over time.”
Quantum Risk is Pervasive Today
New data from Forescout Research – Vedere Labs highlights the urgency of PQC readiness. The report shows that most of the internet remains unprepared for quantum threats, with nearly 90% of SSH servers not yet quantum-safe.
Within enterprise environments, readiness is even more uneven, particularly across cyber-physical systems. While 50% of IT devices support PQC-capable SSH, adoption drops sharply across other environments: only 28% of IoT devices, 16% of OT devices, and 6% of IoMT devices.
These gaps underscore a critical challenge: future migration deadlines are approaching, but the required work starts now. Governments and standards bodies are clear that organizations cannot wait until 2030 to begin. They must first inventory cryptographic usage, assess exposure, and understand where quantum risk is concentrated across their environments today.
Making PQC Exposure Visible, Measurable, and Actionable
Forescout’s PQC dashboards address this challenge by delivering continuous visibility into cryptographic usage and real-world risk across complex environments. Capabilities include:
Quantum Encryption Assessment: Unified view of cryptographic posture across IT, OT, and IoT environments including quantum-safe scores, asset coverage, and PQC adoption. Assets with Weak Encryption: Maps encryption risk to specific assets, showing their protocol usage and operational importance. Assets with Protocol Risk: Distinguishes immediate hygiene gaps from future PQC risk. Traffic Encryption Analysis: Identifies concentrations of PQC-unsafe traffic across environments. PQC Vulnerable Risk Correlation: Connects encryption gaps with active threats and external exposure. These capabilities transform PQC from a compliance exercise into an operational security discipline, enabling organizations to move from visibility to prioritization to mitigation over time. Rather than stopping at cryptographic discovery or visualization, Forescout helps organizations understand what matters most and where they should take action first.
Risk-Driven Assurance for Quantum Security
Unlike tools that list ciphers, protocols, or static discovery findings, Forescout correlates quantum-unsafe encryption with asset criticality, exposure, and environment type, helping organizations identify the devices and communications that matter most. This reflects Forescout’s approach to quantum security: continuous discovery with risk-driven assurance. The dashboards enable security teams to operationalize PQC readiness by:
Prioritizing remediation based on real-world impact, factoring in asset criticality and exposure Correlating cryptographic posture with environment context, including IT, OT, and cyber-physical systems Maintaining a continuous, real-time view of quantum readiness across the attack surface Translating visibility into action and risk reduction through Forescout’s See -> Understand -> Prioritize -> Act model The dashboards are powered by patented capabilities that detect actual negotiated quantum-unsafe encryption in live network traffic, allowing organizations to understand what is happening on the wire as opposed to relying on inferred configurations, expected settings, or policy assumptions.
“Enterprise security teams are being asked to prove awareness, governance, and progress on post-quantum cryptography well before large-scale migration is feasible,” said Paul Kao, Chief Product Officer at Forescout. “Global guidance from governments and standards bodies consistently points to inventory and PQC exposure assessment as the first required steps. By delivering the PQC Readiness and Encryption Hygiene Dashboards, Forescout gives organizations a practical way to demonstrate exactly that – years before full PQC migration can realistically be completed.”
Aligning Security Operations with Regulatory and Industry Expectations
Forescout’s launch aligns enterprise security with emerging regulatory and industry expectations, including guidance from the Group of Seven (G7) and the U.S. National Institute of Standards and Technology (NIST), as well as national migration roadmaps that identify the 2030-2035 period as a critical window for the large-scale adoption of PQC.
By focusing on unmanaged and hard-to-upgrade assets – where risk is most concentrated – Forescout helps organizations address the environments most likely to delay broader quantum readiness.
Additional Resources
To learn more about PQC adoption trends and exposure risks, read the Forescout Research – Vedere Labs blog: “PQC Adoption Gaps: 90% of Systems Are Still Not Quantum-Safe.”
Explore the Forescout PQC dashboards and access the PQC resource center at: https://www.forescout.com/solutions/post-quantum-cryptography-risk/.
About Forescout
As AI-driven vulnerability discovery and exploitation accelerate attack velocity to machine speed, Forescout is a foundational cyber defense layer that allows organizations to segment and isolate compromised systems, block lateral movement, and automate response across IT, OT, IoT, and IoMT environments. The Forescout Vistaro™ platform, powered by agentic AI and enhanced with Vedere Labs threat intelligence, delivers a Universal Zero Trust Network Access (UZTNA) architecture that integrates seamlessly with 180+ security and IT products. With Forescout Vistaro, organizations get comprehensive inventory and classification of both managed and unmanaged assets, continuous exposure management, and real-time protection including dynamic network segmentation and automated threat response.
ELKRIDGE, Md.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) announced that Teledyne FLIR Defense has won a $28.8 million contract from U.S. Customs and Border Protection (CBP), an agency of the U.S. Department of Homeland Security, to support the agency's Enhanced Mobile Surveillance Capability–Lite (eMSC-L) program to bolster border security operations. Under the 24-month contract, Teledyne FLIR Defense will deliver an advanced version of its Lightweight Vehicle Surveillance.
Samsara Inc. (IOT) Analyst/Investor Day June 24, 2026 5:30 PM EDT
Company Participants
Mike Chang - Vice President of Corporate Development & Investor Relations
Sanjit Biswas - Co-Founder, CEO & Chairman
Johan Land - Executive VP & Chief Product Officer
David Gal
Amit Vyas - Chief Revenue Officer
Dominic Phillips - Executive VP & CFO
Conference Call Participants
Eric Amlee
Thomas Olitsky
Eric Amlee
Michael Turrin - Wells Fargo Securities, LLC, Research Division
Aleksandr Zukin - Wolfe Research, LLC
S. Kirk Materne - Evercore ISI Institutional Equities, Research Division
Jason Celino - KeyBanc Capital Markets Inc., Research Division
Andrew DeGasperi - BNP Paribas, Research Division
Christopher Quintero - Morgan Stanley, Research Division
Daniel Jester - BMO Capital Markets Equity Research
Dylan Becker - William Blair & Company L.L.C., Research Division
Alexander Sklar - Raymond James & Associates, Inc., Research Division
Mark Schappel - Loop Capital Markets LLC, Research Division
Mike Richards
Presentation
Mike Chang
Vice President of Corporate Development & Investor Relations
All right. Good afternoon, and welcome to Samsara's Investor Day. My name is Mike Chang, and I'm SVP of Finance here at Samsara. And first off, just thank you all for making the journey out here to a very, very hot Las Vegas to join us in person. And it's amazing to see so many familiar faces in the audience. And for those who are joining virtually, it's great to have you on as well.
We have an awesome, awesome agenda pack for you today. We have about 2.5 hours full of content, and we're going to talk about how we're bringing AI to the world of physical operations.
Before we get it started, there are a few housekeeping items. The key 2 things is, first, we're going to be assessing forward-looking metrics during today's presentation. These should be taken in addition to -- sorry, these statements contain risks and uncertainties, and these are detailed further in SEC filings and our Investor Relations website. Second, we'll
AUSTIN, Texas--(BUSINESS WIRE)--Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, today announced that Signatera has received regulatory approval from Japan's Pharmaceuticals and Medical Devices Agency (PMDA). This approval supports the use of Signatera for patients with colorectal cancer (CRC) in the adjuvant setting and makes Signatera the first PMDA-approved MRD test in Japan. Natera expects to commercially launch Signatera for CRC in Japan by the end of 2.
New York, United States, June 25, 2026 (GLOBE NEWSWIRE) -- S&P Global Ratings has upgraded ratings on several subsidiaries of Freedom Holding Corp., a Nasdaq-listed international investment and technology group. The ratings on Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC were raised to “BB-” with stable outlooks.
S&P also upgraded the long-term Kazakhstan national scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to “kzA-.” Earlier, the agency affirmed Kazakhstan’s sovereign credit ratings at “kzAAA” on the national scale and “BBB-” with a positive outlook. Freedom Holding Corp.’s rating remained at “B-” with a stable outlook.
According to S&P, Freedom has shown positive momentum in risk management both within the holding company itself and across the group’s subsidiaries. S&P said this should allow the group to more closely monitor and control risks within its growing business, including sanctions compliance, cybersecurity, reputational, regulatory and cryptocurrency risks.
The agency expects the group to maintain strong capitalization metrics over the next 12–24 months, despite ongoing investments in telecommunications and consumer lifestyle businesses. According to S&P, Freedom’s earnings metrics remain strong, with a three-year average operating profit-to-risk-weighted-assets ratio of approximately 2.2% for the period from March 2024 to March 2026, which remains high in an international context.
S&P also said the development of Freedom’s financial and non-financial businesses is not expected to place significant pressure on Freedom Holding Corp.’s capitalization.
The agency also highlighted Freedom’s position as one of Kazakhstan’s leading digital fintech ecosystems, noting the group’s SuperApp mobile application. Monthly active users of the app stood at approximately 2.6 million in March 2026.
In its rating update, S&P took into account Freedom Holding Corp.’s annual report for fiscal year 2026. The company reported record revenue of $2.19 billion and a twofold increase in net income to $153.3 million. Freedom also significantly expanded its client base across key business segments. The number of users of the bank’s services doubled over the year to 5.03 million, while the brokerage client base grew by 26% to 858,000 clients. In the insurance and other segments, Freedom serves around 2.2 million people. Overall, the client base of the company’s digital ecosystem across all operating markets exceeded 14 million people by the end of fiscal year 2026.
“The expansion of our digital ecosystem beyond our home region, where we built an effective business model in a relatively short period of time, is a key element of our long-term development strategy,” said Timur Turlov, CEO of Freedom Holding Corp. “We are already seeing strong growth in Europe, are close to obtaining banking and brokerage licenses in Turkey, and are actively developing our business in the United States and the Middle East. In Kazakhstan, we have built the experience, expertise and resources needed to compete for global leadership.”
As of May 1, 2026, Freedom’s European brokerage business had reached 453,000 clients. Freedom has also announced plans to expand its banking and digital ecosystem operations in several international markets. In early June, the company said it had applied for a banking license in France and planned to invest €500 million in developing its digital ecosystem there. Freedom also expects to invest $300 million in expanding its Turkish operations and has announced the acquisition of 99.32% of the shares of Turkish Bank. The company’s digital banking subsidiary has been operating in Tajikistan since October 2025, and in November 2025, Kazakhstan’s financial regulator granted Freedom permission to open a bank in Georgia.
About Freedom Holding Corp.
Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC), and the common stock is included in Russell 3000 Index.
S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-”
S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-” S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-”
Did you buy VRRM common stock between February 24, 2026 and May 26, 2026?
Affected VRRM Investor Summary
Who: Verra Mobility Corporation (NASDAQ: VRRM) What: Securities fraud class action lawsuit filed Class Period: February 24, 2026 through May 26, 2026 Deadline to Seek Lead Plaintiff Status: August 4, 2026 Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company's continued growth in its Commercial Services business and contract with Avis Budget Group. Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options , /PRNewswire/ -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Verra Mobility Corporation (Verra) (NASDAQ: VRRM) on behalf of those who purchased or acquired Verra common stock between February 24, 2026 and May 26, 2026, inclusive. The lawsuit is filed in the United States District Court for the District of Arizona and is captioned Otucu v. Verra Mobility Corporation, Case No.2:26-cv-03973 (D. Ariz.). Investors have until August 4, 2026, to file for lead plaintiff status.
CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Verra common stock and have lost money on your investment, you are encouraged to contact KTMC attorney Jonathan Naji, Esq. at:
There is no cost or obligation to speak with an attorney.
VERRA MOBILITY CORPORATION CLASS ACTION LAWSUIT - COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Verra's optimistic plan for continued growth in its Commercial Services business was dependent on its relationship with Avis, and in particular obtaining a contract extension with Avis Budget Group; (2) Verra minimized concerns that major rent-a-car customers could replace Verra with in-house solutions or outsourced alternatives, making Verra's 2026 full year guidance increasingly unlikely to be met; and (3) as a result, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Why did Verra's Stock Drop?
On May 26, 2026, Verra disclosed that the company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra further disclosed that it "expects the termination to reduce Commercial Services' 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives." Verra accordingly lowered its full year 2026 financial outlook. On this news, Verra's stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.
On June 1, 2026, Verra announced that its President and Chief Executive Officer had been terminated as "the Board determined that a change in leadership [was] needed[.]"
WHAT VRRM INVESTORS CAN DO NOW:
File to be lead plaintiff by August 4, 2026. Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you. Retain counsel of choice or take no action. THE LEAD PLAINTIFF PROCESS FOR VERRA MOBILITY CORPORATION INVESTORS:
Verra investors may, no later than August 4, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Verra investors to contact the firm for more information.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal's Plaintiff's Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group's Honor Roll of Most Feared Law Firms, The Legal Intelligencer's Class Action Firm of the Year, Lawdragon's Leading Plaintiff Financial Lawyers, and Law360's Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. The complaint in this matter was not filed by KTMC.
CONTACT:
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
Mattel's "KPop Demon Hunters" singing dolls of Mira, Rumi and Zoey.
Mattel Creations
Mattel’s KPop Demon Hunters singing dolls of Rumi, Mira and Zoey — as well as fashion dolls of the HUNTR/X trio and Jinu — are almost here as they’ve gone on pre-order with late July and early August release dates.
Netflix’s animated movie musical sensation celebrated its first anniversary on June 20, and in the days before and after the big date, Mattel and other toy licensees have been announcing pre-sales and releases of their KPop Demon Hunter product.
ForbesMattel’s ‘KPop Demon Hunters’ Demon Jinu Doll Picked By Fans Comes To Pre-SaleBy Tim Lammers
Most recently, a fan-selected doll of Demon Jinu went up for pre-order with June 2027 release date. However, the singing versions of Rumi, Mira and Zoey and the fashion dolls of the trio, as well as Jinu, are now available to pre-order and their ship dates are just over a month away.
In October, Netflix named Mattel the master licensee for dolls, action figures and other products for KPop Demon Hunters, while Hasbro was named master licensee for games and role-play toys, among other items.
MORE FOR YOU
Mattel's "KPop Demon Hunters" singing dolls of Mira, Rumi and Zoey packaged.
Mattel Creations
On Wednesday, eight months after the licensing agreement with Netflix was struck, Mattel announced the pending releases of the first dolls in the toymaker’s KPop Demon Hunters line. Available individually, the KPop Demon Hunters singing dolls of Rumi, Mira and Zoey are listed for pre-sale on Mattel Creations’ retail site, as well as other select retailers, with a retail price of $33 each.
As of the publication of this article, the singing Zoey doll has a ship date of July 31, while the singing Rumi and Mira dolls are each scheduled to ship on Aug. 7.
Each doll is dressed in their “Golden” song performance outfit and include a sound chip featuring three clips from the tune. The Rumi and Mira dolls, which are 11.5 inches tall, as well as the Zoey doll, which is 11 inches tall, all come with fully rooted hair and sculpted accessories.
ForbesHot Wheels SDCC Exclusives Inspired By ‘KPop Demon Hunters,’ ‘Stranger Things’ And ‘Top Gun’By Tim Lammers
“Golden,” of course, earned KPop Demon Hunters a Best Original Song Oscar at the 2026 Academy Awards in March, while the film was named Best Animated Feature. Then in late May, KPop Demon Hunters won four American Music Awards, including Song of the Year for EJAE, Audrey Nuna and Rei Ami, the singing voices of Rumi, Mira and Zoey, respectively.
Mattel's "KPop Demon Hunters" fashion dolls of Mira, Rumi, Zoey and Jinu.
Mattel Creations
The ‘KPop Demon Hunters’ Fashion Doll Line Features HUNTR/X In Their Demon Hunting OutfitsIn addition to the release of its KPop Demon Hunters singing doll line featuring the HUNTR/X trio, Mattel has listed for pre-sale fashion dolls of Rumi, Mira, Zoey and Saja Boys singer Jinu.
The Rumi, Mira and Jinu dolls are all 11.5 inches tall, while Zoey measures 11 inches tall. The HUNTR/X dolls are outfitted in their demon hunter apparel, while Jinu is wearing his “Soda Pop” outfit.
Forbes‘KPop Demon Hunters’ Toys’ Rollout Continues After Film Celebrates 1st AnniversaryBy Tim LammersThe Rumi, Mira, Zoey and Jinu fashion dolls are being released individually, and retail for $27 each. As of the publication of this article, Mira is scheduled to ship on July 31, while Zoey and Jinu have an Aug. 7 ship date. Rumi currently has a ship date of Oct. 9.
Like the KPop Demon Hunters singing dolls, Mattel’s fashion dolls of the characters are listed for pre-sale on Mattel Creations, as well as select retailers.
Rated PG, KPop Demon Hunters is streaming exclusively on Netflix.
Forbes‘Heated Rivalry’ Funko Pops! Revealed And Go On Pre-SaleBy Tim Lammers
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of FS KKR Capital Corp. (NYSE: FSK) between May 8, 2024 and February 25, 2026, inclusive (the “Class Period”), of the important July 6, 2026 lead plaintiff deadline.
SO WHAT: If you purchased FS KKR Capital securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the FS KKR Capital class action, go to https://rosenlegal.com/submit-form/?case_id=64089 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 6, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) FS KKR Capital overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) FS KKR Capital overstated the valuation of its portfolio investments and/or overstated the effectiveness of FS KKR Capital’s portfolio valuation process; (3) FS KKR Capital overstated the durability of its quarterly distribution strategy; and (4) as a result of the foregoing, defendants’ positive statements about FS KKR Capital’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the FS KKR Capital class action, go to https://rosenlegal.com/submit-form/?case_id=64089 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
Casey's General Stores, Inc. (CASY) Analyst/Investor Day June 24, 2026 9:30 AM EDT
Company Participants
Brian Johnson - Senior Vice President of Investor Relations & Business Development
Darren Rebelez - President, CEO & Board Chair
Stephen Bramlage - Senior VP & CFO
Thomas Brennan - Senior VP & Chief Merchandising Officer
Brad Haga - Senior Vice President of Prepared Food & Dispensed Beverage
Ena Koschel - Chief Operating Officer
Nathaniel Doddridge - Senior Vice President of Fuel
Chad Frazell - Chief Human Resources Officer
Conference Call Participants
Corey Tarlowe - Jefferies LLC, Research Division
Krisztina Katai - Deutsche Bank AG, Research Division
Bradley Thomas - KeyBanc Capital Markets Inc., Research Division
Robert Griffin - Raymond James & Associates, Inc., Research Division
Jacob Aiken-Phillips - Melius Research LLC
Pooran Sharma - Stephens Inc., Research Division
Michael Montani - Evercore ISI Institutional Equities, Research Division
Phillip Blee - William Blair & Company L.L.C., Research Division
Mark Carden - UBS Investment Bank, Research Division
Kelly Bania - BMO Capital Markets Equity Research
Thomas Palmer - JPMorgan Chase & Co, Research Division
Bonnie Herzog - Goldman Sachs Group, Inc., Research Division
Edward Kelly - Wells Fargo Securities, LLC, Research Division
Presentation
Brian Johnson
Senior Vice President of Investor Relations & Business Development
Hello, and thank you for joining us today for our Investor Day. It's great to see both new and familiar faces in the crowd, and we are very excited to share our strategic plan. I'm Brian Johnson, Senior Vice President of Investor Relations and Business Development.
Before we begin, I'll remind you that today's presentation includes forward-looking statements and non-GAAP measures within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to the expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and/or integration strategies, plans and synergies, supply chain, growth opportunities and performance at our stores. There are a number of known and
Former Sterling McCall Ford location is among the dealerships now operating under the unified Group 1 brand
, /PRNewswire/ -- As part of its ongoing nationwide initiative to unify its extensive network of dealerships, Group 1 Automotive, Inc., a Houston-based automotive retailer with dealerships across the U.S. and U.K., today highlighted Group 1 Ford of Southwest Houston, formerly Sterling McCall Ford, which has operated under its new name since November 3, 2025.
The southwest Houston dealership is one of a growing number of U.S. locations aligned under the initiative, giving customers a clearer connection to Group 1's scale, resources, and operational standards while preserving the local team, Ford expertise, and customer relationships that have served southwest Houston for decades.
Backed by the scale, resources, and expertise of an international automotive retailer, Group 1 Automotive remains focused on delivering the personalized service and community connections that define the local dealership experience. Learn more at Group1Auto.com.
Better Customer Experience
The transition from Sterling McCall Ford to Group 1 Ford of Southwest Houston is part of a broader effort to create a more consistent customer experience across Group 1's U.S. retail network. The rebrand did not represent a change in ownership, staffing, product offerings, or day-to-day operations, and customers have continued to work with the same local professionals under the new name.
Group 1 Automotive has owned and operated the southwest Houston dealership for more than two decades. The new name formally connects the location to Group 1's national platform, giving local customers the benefit of a familiar southwest Houston dealership supported by the resources, technology, and operational discipline of a larger automotive group.
"Since taking our new name, our customers have found the same local team they know and trust, now with a clearer connection to the strength and resources of Group 1," said Sebastian Olszewski, General Manager of Group 1 Ford of Southwest Houston. "The name on the building changed, but what matters here has not: a consistent, convenient, and transparent experience, whether someone is shopping for a new Ford, servicing their current vehicle, or considering a trade-in."
Continuity of Service and Local Commitment
Group 1 Ford of Southwest Houston continues to serve customers from its existing location at 6445 Southwest Freeway in Houston, Texas, supporting drivers throughout southwest Houston, Bellaire, Sugar Land, and surrounding communities with new Ford vehicles, pre-owned vehicles, Ford service, parts, and maintenance support.
The dealership remains focused on the same local relationships that defined Sterling McCall Ford, while gaining a clearer connection to Group 1's broader retail network. Customers can expect continuity in the sales and service experience, along with the added benefit of a unified Group 1 brand that makes locations easier to recognize, find, and trust across markets.
Additional Customer Questions
Why did Sterling McCall Ford change its name to Group 1 Ford of Southwest Houston?
Sterling McCall Ford became Group 1 Ford of Southwest Houston on November 3, 2025 as part of Group 1 Automotive's effort to create a clearer, more consistent naming structure across its U.S. dealerships. The new name reflects the dealership's connection to Group 1 while continuing to serve customers in southwest Houston and the surrounding communities. As part of the Group 1 network — 250 dealerships offering 37 vehicle brands — the dealership connects customers to new and pre-owned sales, financing, service, parts, and collision support, with a consistent experience from transparent pricing to online scheduling at every Group 1 store.
How should shoppers compare Ford dealerships in a large market?
Useful comparison points include live inventory depth, pricing transparency, current incentives, customer reviews, and the service department's capabilities, including factory-trained technicians and parts availability. For commercial buyers, fleet programs and upfit support can also differentiate stores.
How can shoppers find a specific model or trim in stock?
Most dealership websites offer searchable live inventory filtered by model, trim, color, and features, and many allow shoppers to reserve an in-transit vehicle or request a locate from other stores in the dealer network. Contacting the dealership directly can also surface inbound inventory that has not yet been listed.
What are the benefits of a certified pre-owned vehicle?
Certified pre-owned (CPO) vehicles generally undergo a multi-point factory inspection and reconditioning process and include limited warranty coverage beyond a standard used vehicle. Benefits may also include roadside assistance and a vehicle history report, with specific coverage varying by program and model year.
About Group 1 Automotive, Inc.
Group 1 owns and operates 250 automotive dealerships, 310 franchises, and 32 collision centers in the United States and the United Kingdom that offer 37 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Media Contact:
Kimberly Barta
Head of Marketing, Brand and Communications
[email protected]
503-539-0756
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WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Futu Holdings Limited (NASDAQ: FUTU) resulting from allegations that Futu may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Futu securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On May 22, 2026, Reuters published an article entitled "China to crack down on 'illegal' cross-border securities" The article stated that China "announced a major crackdown on cross-border investment on Friday and said it would punish brokers it accused of illegally moving money to foreign markets, sending their shares plunging." Further, "online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
On this news, Futu American Depositary Shares ("ADSs") fell 27.5% on May 22, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
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After weeks of anticipation, Space Exploration Technologies (SPCX 1.01%) pulled off the biggest IPO in market history.
Elon Musk's space company raised $75 billion in its public offering, and the stock soared in its opening days, jumping from an IPO price of $135 to a peak of $225.64, reaching a market cap of nearly $3 trillion.
Since then, the stock has cooled off and has settled in a range of around $150-$160 a share over the last two days. Trading volume and interest remain sky-high more than a week after the IPO. On Tuesday, its lowest-volume day, roughly $20 billion worth of SpaceX stock changed hands.
Though the company is already one of the most valuable in the world, some SpaceX bulls believe the stock can move significantly higher over the long term. Fund manager Ron Baron said that SpaceX could be a $20 trillion or even $30 trillion company by 2040.
SpaceX itself hasn't been shy about making bold predictions, saying its actionable total addressable market is $28.5 trillion, the largest in human history. Most of that is made up of AI enterprise applications, which have yet to be developed.
SpaceX has also identified future markets like point-to-point terrestrial travel, space tourism, in-orbit manufacturing, asteroid mining, and transporting passengers and cargo to the moon and Mars.
Those are a set of opportunities that no other company can claim, and the company also differentiates itself with its mission to "make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars."
Image source: Getty Images.
With a valuation already at $2 trillion, the upside potential for SpaceX is not as strong as most IPOs. SpaceX can't be Tesla, which went public in 2010 and has since returned 23,000%, turning $1,000 into roughly $230,000, as it accomplished its primary goal of taking electric vehicles mainstream.
With a valuation that's already $2 trillion, SpaceX is up against the law of large numbers. The valuation can't mathematically grow by 230 times because that would make it bigger than the global economy, which currently has a GDP of $123.6 trillion.
The company's addressable market, which seems fanciful, faces a similar obstacle: it's nearly as large as U.S. GDP.
At its current valuation, if SpaceX tripled, it would be the most valuable company in the world, surpassing Nvidia, which is currently worth around $5 trillion. To deliver the kind of returns that would make investors millionaires, in other words, SpaceX would almost certainly have to become the most valuable company in the world by a wide margin.
As tech stocks have become ascendant, the valuation of the most valuable company in the world has increased significantly, jumping from before the financial crisis to more than 10 times its value today.
However, repeating that will be difficult as Nvidia already represents about 8% of the value of the S&P 500, and increasing that percentage won't be easy.
Currently, market concentration in the top tech stocks is unusually high, and the S&P 500 is also near its most expensive level ever, according to metrics like the CAPE ratio.
Today's Change
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What it means for SpaceX stock In order for SpaceX to deliver the kind of returns, 10x or more, that could make ordinary investors millionaires, it would have to become far and away the most valuable company in the world.
I don't think that's impossible, but the company is so far away from executing on the kinds of things it would need to do to accomplish that, like interplanetary travel, that it seems highly unlikely.
Investors looking for millionaire-maker stocks are better off targeting companies with smaller market caps that can 10x without bending the traditional limits of math.
SpaceX did make plenty of millionaires, but it did so in the private markets. By not going public until it reached a valuation of nearly $2 trillion, the company has left a limited opportunity for retail investors.
Space Exploration Technologies (SPCX 1.01%), better known as SpaceX, is one of the hottest initial public offerings (IPOs) ever. So it's not surprising that both investors and fund managers are scrambling to get their hands on shares.
Some of the professionals take that desire to extremes. Most index funds have rules that govern how quickly they can add IPO shares and how much they can buy. Actively managed funds don't have those constraints. That means managers can take big home run swings quickly if they choose.
Image source: Getty Images.
The Baron First Principles ETF (RONB +0.47%) is one such fund. Its legendary head portfolio manager, Ron Baron, has put a massive 31% of the fund's assets in SpaceX, easily the largest allocation made to this stock in any ETF (exchange-traded fund).
The fund invests in what the company calls "first principles" businesses, those considered innovative companies pursuing large, disruptive opportunities. SpaceX certainly fits the bill. But the big question at this allocation is how much is too much.
I'm not sure this is ultimately about investment strategy as much as it is about grabbing assets. Prior to SpaceX's IPO, investors were looking for any means possible to get access to shares in the private markets. The Baron First Principles ETF offered that. By ratcheting up the exposure, it offered investors what few could -- a sizable allocation to SpaceX.
Today's Change
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While that might be appealing to investors, it's not a sound strategy for the fund. By taking such a significant position in a single company, it runs the risk of a deep drawdown and heightened volatility should investors decide that valuation, company execution, or financial performance is questionable.
The fund's lack of diversification means it doesn't belong in the core of a portfolio. The short operating history means investors don't have a good handle on how the fund will perform in different economic cycles, either.
It all makes for an interesting ETF story, but not so much a long-term investment.
David Dierking has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Shares of Marvell Technology (MRVL 1.40%) have soared by almost 200% this year, as of this writing. The company received a major vote of confidence from one of the most authoritative voices in artificial intelligence (AI). Earlier this month, Jensen Huang, the CEO of Nvidia (NVDA 0.93%), claimed that Marvell would be the next trillion-dollar company. Huang has put his money where his mouth is. In March, Nvidia invested $2 billion in Marvell Technology. However, the AI chipmaker's market cap is currently $237 billion, and several much larger corporations are also capitalizing on AI, including Advanced Micro Devices (AMD 0.29%). Could Marvell really overtake AMD (and others) to become the next trillion-dollar company?
Image source: The Motley Fool.
A nearly insurmountable lead AMD's market cap tops $836 billion. Even with much more modest returns than Marvell over the next few years, AMD should reach $1 trillion first. Perhaps Marvell could generate Nvidia-like returns through 2030 while AMD actually loses value, but that's unlikely. AMD has also performed well this year -- its shares are up 126% to date -- and the company is riding a tailwind that may keep its momentum going through the end of the decade (and beyond). AMD is one of the leaders in the CPU (Central Processing Unit) market. As the AI industry shifts to agentic AI -- self-directed systems that can organize, plan, and execute tasks with limited human intervention -- the demand for CPUs should soar.
AMD argues that through the first phase of the AI revolution, dominated by chatbots like ChatGPT, the ratio of CPUs to GPUs (Graphics Processing Units) was between 1:4 and 1:8. However, the advent of AI agents will bring it closer to 1:1, or perhaps an even higher number on the CPU side. Huang has also expressed extremely bullish sentiment about agentic AI, and Nvidia is looking to tap into the demand it will create for CPUs. That's why Nvidia launched Vera CPU; it expects $20 billion in stand-alone CPU revenue through the end of the year.
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Elsewhere, Intel (INTC 0.48%), another leader in the CPU market, is also seeing incredible momentum and soaring demand for its products. So, we have multiple data points that confirm AMD's view of the industry. And even though it is facing stiff competition, there are several reasons it could be one of the major winners. First, AMD and Intel have dominated this market for a long time and have built deep expertise, as well as extensive partner ecosystems that give them a competitive advantage.
Second, AMD has gained market share on Intel in recent quarters, and has shown even stronger pricing power than its peer, partly thanks to a more sound manufacturing strategy (Intel has faced issues on that front that have slowed down its business). AMD now expects the server CPU market to grow at a compound annual rate (CAGR) of 35% over the next few years and reach $120 billion by 2030. That's almost double the 18% CAGR it had predicted at the end of last year. AMD is well-positioned to ride that wave, beat the market, and become a trillion-dollar stock before 2030 and long before Marvell ever does so.
Marvell may not reach $1 trillion before AMD, but there are good reasons to share Huang's general enthusiasm for this company. It is a leader in the design of Application-Specific Integrated Circuits (ASICs), custom chips designed to handle specific workloads. Hyperscalers and other companies are increasingly relying on these chips to help reduce their reliance on Nvidia's hardware, while also cutting costs and boosting margins, since they can sometimes be more cost-effective than comparable GPUs.
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Further, companies like Amazon and Alphabet are exploring selling their custom chips to external customers, a bullish sign for Marvell. Meanwhile, the company continues to post strong financial results and expects its revenue growth to accelerate each quarter of its ongoing fiscal year. Marvell could continue performing well over the next few years as demand for ASICs soars. The company may not become the next trillion-dollar stock, but it is a great pick for investors looking to capitalize on AI.
Prosper Junior Bakiny has positions in Alphabet, Amazon, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Intel, Marvell Technology, and Nvidia. The Motley Fool has a disclosure policy.
Press Release
Nokia, Databricks demonstrate unified data platform for autonomous networks
Proof of concept validates cloud-agnostic approach for network operators to scale AI-driven operations, deploy real-time analytics without rewriting code. 24 June 2026
Espoo, Finland – Nokia and Databricks today announced the successful completion of a joint proof of concept (PoC) demonstrating a unified, substrate-agnostic data platform designed to support AI-driven autonomous networks. The collaboration shows how telecommunication providers can simplify fragmented data environments and deploy real-time analytics at scale, enabling faster decision-making, improved network performance, and more efficient operations.
The PoC addresses a long-standing industry challenge: Telecom networks typically rely on hundreds of siloed operational and business support systems, each with its own data architecture, making it difficult to apply AI consistently across domains. To truly harness AI and multi-agent systems, operators need a common data platform that can run seamlessly across different cloud environments or on-premise infrastructure, without the need to rewrite code.
The POC confirmed Databricks and Nokia’s ability to develop a joint architecture that efficiently handles the massive scale and real-time ingestion speeds required to feed network data to AI agents for automated, cross-domain decision-making.
“Teaming up with Databricks represents a big step as we work toward building the types of data foundations required for next-generation autonomous networks. By enabling a common, flexible data platform across cloud environments, we can help operators accelerate the adoption of AI and create more efficient, resilient and sustainable networks,” said Oguz Sunay, CTO AI and Autonomous Networks, Nokia.
“Telecom operators are managing increasingly complex networks and need a more consistent way to harness their data. Our collaboration with Nokia demonstrates how a unified data platform can help simplify operations and unlock the value of AI across network domains,” said Nevash Pillay, Global Head of Telecommunications Industry, Databricks.
About the POC
Engineering teams from Nokia and Databricks focused on a real-time performance management use case, simulating analytics ingestion with an intent to scale quickly to match tier-1 operator scale in the cloud. Their work delivered several key technical breakthroughs designed to simplify how telecom operators build and run data-driven services across different environments:
Cross-platform data pipelines, without coding complexity: Data pipelines were created once and deployed across different platforms without modification. In trials, the same data workflows ran seamlessly on both Databricks and an open-source stack based on Apache Flink, Kafka, and Iceberg, supporting real-time streaming, batch processing, and query-time data products.Vendor-neutral data logic design: To avoid lock-in to any single platform, Nokia engineers developed transformation logic using an abstract, platform-independent expression in Python. By separating the core logic from platform-specific connectors, the same data workflows could be reused across multiple environments.Automated deployment across environments: The teams validated a custom compiler that automatically adapted workflows at deployment. Based on the target environment, it translated the abstract logic into native formats — such as Delta Live Tables for Databricks or Flink SQL for open-source systems — and added the platform-specific connectors, eliminating manual rework and accelerating time to deployment.AI-powered creation of new data products: The project also showcased how AI can streamline operations. Using simple natural language prompts, an intelligent data fabric agent can generate new data products, request human validation, and deploy the pipeline automatically, resulting in faster innovation with less manual effort. In the agentic world, the same mechanism can be leveraged by other agents to create dynamic data products on demand by communicating (agent to agent) with the data fabric agent.Data fabric built for the agentic world: Query-time data products computing derived metrics, applying filters, aggregating, enriching, or joining data on read instead of duplicating it.Zero-copy sharing, making cross-domain data consumption lightweight and real-time.A mechanism to selectively feed upper temporal layers in the cloud, where agents run retrospective tasks like root-cause analysis on past events. Moving ahead
Nokia and Databricks plan to continue their collaboration around enhancing autonomous network capabilities, helping operators transition to a future where AI applications increasingly access, correlate, and act on large-scale network data in real time.
Multimedia, technical information and related news
Web Page: Autonomous Networks | Nokia
About Nokia
Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we’re advancing connectivity to secure a brighter world.
About Databricks
Databricks is the Data and AI company. More than 20,000 organizations worldwide — including adidas, AT&T, Bayer, Block, Mastercard, Rivian, Unilever, and 70% of the Fortune 500 — rely on Databricks to build and scale data and AI apps, analytics and agents. Headquartered in San Francisco with 30+ offices around the globe, Databricks offers a unified platform that includes Lakebase, Genie, Agent Bricks, Lakeflow, Lakehouse, and Unity Catalog. To learn more, follow Databricks on LinkedIn, X, YouTube, and Instagram.
Press Release
Nokia, Amazon Web Services expand collaboration to deliver autonomous networks built for the AI era
Leveraging AWS’s AI and cloud services, Nokia’s Autonomous Network Fabric will help operators transition to networks that operate at machine speed to connect intelligence. 24 June 2026
Espoo, Finland — Nokia and Amazon Web Services (AWS) today announced they are expanding their collaboration to deliver autonomous networks built for the AI era, making it easier for telecommunication providers to run their full operational stack in the cloud.
Nokia and AWS are collaborating to run Nokia’s Autonomous Networks Fabric on AWS, giving operators access to advanced AI and cloud services required for Level 4 autonomy. This builds on a set of existing digital operations applications from Nokia — covering orchestration, assurance, and unified inventory — already on the platform. Availability is expected later this year.
Nokia’s Autonomous Network Fabric weaves together a broad portfolio that delivers intent-based service orchestration across multi-domain, multi-vendor networks; provides 360-degree observability with AI-powered anomaly detection, root cause analysis, and closed-loop resolution; and offers a single source of truth for network topology and resources.
The Fabric unifies observability, analytics, security, and automation through four core capabilities:
Unified Data Management across domains.Agentic AI for service operations and optimization.Digital Twin simulations for proactive impact assessment.Intent-Based Networking that translates business goals into automated closed-loop actions. ‘This is how telcos will compete in the AI era’
While legacy network management tools require teams of experts to manually oversee mobile, fixed, and transport networks in silos, Nokia helps operators evolve from static infrastructures to programmable, AI-native platforms that anticipate changing traffic mixes and operate at machine speed to connect intelligence.
“Autonomous networks have gone from far-off vision to business imperative. At Nokia, we move operators toward greater autonomy through the convergence of intent-based networking, agentic AI, and cloud-native architecture. Together with AWS, we’re building a platform that scales operators’ ambitions while maintaining the control and governance they need. This is how telcos will compete in the AI era,” said Oguz Sunay, CTO, AI and Autonomous Networks, Nokia.
Running on AWS, Nokia’s solutions gain elastic scalability, global availability, and broad model choices through cloud AI and ML services — including Amazon Bedrock and Amazon SageMaker — enabling operators to innovate faster while reducing infrastructure costs. Nokia is also engineering an optimized cloud footprint that minimizes compute and storage requirements versus traditional on-premises deployments.
“The shift to autonomous network operations is ultimately about speed and step-change efficiency. Speed to detect, speed to resolve, speed to monetize. Achieving step-change cost efficiency is critical for customers to unlock agentic value in the AI era. Nokia’s decision to optimize its full operational stack on AWS means operators can take advantage of elastic scalability, purpose-built AI and ML services, and the most extensive global infrastructure footprint for wherever their networks operate. Together, we're compressing years of transformation into months, delivering step-change improvements in cost efficiency and revenue growth,” said Amir Rao, global director for Telco Solutions at AWS.
Cloud-based network innovation
Today’s news is the latest in a series of announcements between Nokia and AWS related to cloud-based network innovation. At MWC in March, the companies showcased the industry’s first agentic AI-powered network slicing alongside du and Orange. In February, they announced the world’s first commercial mobile service on 5G Core SaaS, running on Belgium’s Citymesh network.
In addition to these developments, Nokia’s autonomous networks portfolio is already delivering measurable results, with operators achieving automation rates exceeding 90%, service delivery times of four hours or less, and service interruption periods of one minute per year or fewer — along with up to 85% reduction in slice rollout time and up to 50% fewer customer-impacting incidents.
Nokia and AWS are committed to a collaborative innovation agenda that combines Nokia’s telecom-trained AI models and domain expertise with AWS’s AI services to deliver increasingly autonomous network operations. Together, the companies will go to market to help operators evolve their operational stacks, increase autonomous operations and unlock new revenue streams.
Multimedia, technical information and related news
Web Page: Autonomous Networks
Product Page: Digital Operations Center
Press release: Nokia and AWS showcase industry-first agentic AI-powered network slicing with du and Orange #MWC26
Press release: Citymesh goes live with world’s first commercial mobile service on 5G Core SaaS, powered by Nokia and AWS
About Nokia
Nokia is a global leader in connectivity for the AI era. With expertise across fixed, mobile, and transport networks, we're advancing connectivity to secure a brighter world.
About Amazon Web Services
Amazon Web Services (AWS) is guided by customer obsession, pace of innovation, commitment to operational excellence, and long-term thinking. By democratizing technology for nearly two decades and making cloud computing and generative AI accessible to organizations of every size and industry, AWS has built one of the fastest-growing enterprise technology businesses in history. Millions of customers trust AWS to accelerate innovation, transform their businesses, and shape the future. With the most comprehensive AI capabilities and global infrastructure footprint, AWS empowers builders to turn big ideas into reality. Learn more at aws.amazon.com and follow @AWSNewsroom.
I initiate coverage on Adobe with a Strong Buy rating, citing a 45% YTD decline and multi-year low valuation. Despite AI disruption fears, ADBE's fundamentals remain robust, with both top and bottom-line growth accelerating. At 8x forward P/E, I believe most risks are already priced in, positioning ADBE for potential outperformance.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), has priced an offering of $350 million aggregate principal amount of 6.75% Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Hertz Corp. also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50 million aggregate principal amount of Notes. The aggregate principal amount of the offering was increased from the previously announced offering size of $300 million. The offering is expected to close on or about June 29, 2026, subject to customary closing conditions.
Hertz Corp. estimates that the net proceeds from the issuance of the Notes, after deducting the initial purchasers’ discount but before estimated offering expenses payable by Hertz Corp., will be approximately $339.5 million (or approximately $388.0 million if the initial purchasers exercise in full their option to purchase additional Notes). Hertz Corp. intends to use the net proceeds from the issuance of the Notes to repay outstanding borrowings under its revolving credit facility and for general corporate purposes.
The Notes will bear interest from, and including, June 29, 2026, the issue date of the Notes, payable semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2027. Each payment of interest on the Notes (excluding any additional interest, special interest and default interest) will consist of (i) 3.375% of such interest payment to be paid in cash and (ii) 3.375% of such interest payment to be paid in the form of PIK interest. The Notes will mature on July 1, 2030, unless earlier repurchased, redeemed or exchanged in accordance with their terms prior to maturity.
The Notes will be exchangeable at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The Notes will be exchangeable on the terms set forth in the indenture governing the Notes into cash, shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), or a combination thereof, at Hertz Corp.’s election. The aggregate number of shares of Common Stock that may be issued upon exchange of the Notes may not exceed 19.9% of the number of shares of Common Stock outstanding prior to the offering of the Notes unless and until the shareholders of the Company approve such issuance.
The exchange rate will initially be 279.5248 shares of Common Stock per $1,000 capitalized principal amount of Notes (equivalent to an initial exchange price of approximately $3.58 per share of Common Stock). The initial exchange price of the Notes represents a premium of approximately 32.5% above the public offering price of $2.70 per share of the Borrowed Shares in the concurrent offering of the Borrowed Shares described below. The exchange rate and exchange price will be subject to adjustment upon the occurrence of certain events. If a “make-whole fundamental change” (as defined in the indenture for the Notes) occurs, Hertz Corp. will, in certain circumstances, increase the exchange rate for a specified time for holders who exchange their Notes in connection with that make-whole fundamental change.
Holders of the Notes will have the right to require Hertz Corp. to repurchase all or a portion of their Notes at 100% of their capitalized principal amount of the Notes plus accrued and unpaid cash interest to, but excluding, the date of such repurchase, upon the occurrence of certain corporate events constituting a “fundamental change” as defined in the indenture governing the Notes. Hertz Corp. may not redeem the Notes prior to January 6, 2029. On or after January 6, 2029 and on or prior to the 31st scheduled trading day immediately preceding the maturity date, if the last reported sale price per share of Common Stock has been at least 130% of the exchange price for the Notes for certain specified periods, and certain other conditions are satisfied, Hertz Corp. may redeem all or any portion (subject to certain limitations) of the Notes at a cash redemption price equal to 100% of the capitalized principal amount of the Notes to be redeemed plus accrued and unpaid cash interest to, but excluding, the date of such redemption.
The Notes are expected to be guaranteed by the Company, Rental Car Intermediate Holdings, LLC, Hertz Corp.’s direct parent company, and each of Hertz Corp.’s existing domestic subsidiaries and future restricted subsidiaries that guarantee indebtedness under Hertz Corp.’s first lien credit facilities or certain other indebtedness for borrowed money. The Notes and the related guarantees (other than the guarantee by the Company) are expected to be secured (subject to certain exceptions and permitted liens) on a first-lien basis by the same assets (other than certain excluded property) that secure indebtedness under Hertz Corp.’s first lien credit facilities and existing first lien secured notes, and are therefore expected to be effectively pari passu with indebtedness under Hertz Corp.’s first lien credit facilities and existing first lien secured notes.
The Notes and the related guarantees were offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The Notes, the related guarantees and any shares of Common Stock issuable upon exchange of the Notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and the securities laws of any other jurisdiction.
Concurrently with the offering of the Notes, Hertz also announced today by separate press release the pricing of a separate registered public offering of 37,037,037 shares of Common Stock at a public offering price of $2.70 per share. Such shares (the “Borrowed Shares”) will be loaned by Hertz to a financial institution (the “Share Borrower”), acting as an underwriter in the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the concurrent offering of Borrowed Shares and neither Hertz nor Hertz Corp. will receive any of the proceeds of that offering, but the Share Borrower will pay Hertz a nominal lending fee for the use of the Borrowed Shares pursuant to the share lending agreement. The Share Borrower will be required to return the Borrowed Shares (or identical shares of Common Stock) to the Company pursuant to the terms of the share lending agreement. Hertz has been informed by the Share Borrower that it or one of its affiliates intends to sell the Borrowed Shares and use the resulting short position to facilitate transactions by which investors in the Notes may hedge their investments through short sales or privately negotiated derivatives transactions. The activity described above could affect the market price of the Common Stock or the Notes otherwise prevailing from time to time.
This press release is not an offer to sell or purchase, or a solicitation of an offer to sell or purchase, the Notes, the related guarantees, the shares of Common Stock issuable upon exchange of the Notes or the Borrowed Shares and does not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
The concurrent offering of the Borrowed Shares is contingent upon the closing of the offering of the Notes. The offering of the Notes is not contingent upon the closing of the concurrent offering of the Borrowed Shares.
ABOUT HERTZ
Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the offering of the Notes, the offering of the Borrowed Shares, the anticipated terms of the Notes and Hertz Corp.’s expected use of proceeds from the proposed offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering on the anticipated terms or at all, market conditions (including market interest rates) and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the offering memorandum for the offering and our most recent annual report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on February 26, 2026, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that it has priced a SEC-registered offering of 37,037,037 shares of its common stock, par value $0.01 per share, (the “Common Stock”), at a public offering price of $2.70 per share. Such shares (the “Borrowed Shares”) will be loaned by the Company to J.P. Morgan Securities LLC (in such capacity, the “Share Borrower”), one of the underwriters of the offering of the Borrowed Shares, pursuant to a share lending agreement. The Share Borrower or its affiliates will receive all of the proceeds of the offering of Borrowed Shares and neither the Company nor The Hertz Corporation, the Company’s wholly-owned indirect subsidiary (the “Hertz Corp.”), will receive any of the proceeds of the offering, but the Share Borrower will pay the Company a nominal lending fee for the use of the Borrowed Shares pursuant to the share lending agreement. The Share Borrower will be required to return the Borrowed Shares (or identical shares of Common Stock) to the Company pursuant to the terms of the share lending agreement. The Company has been informed by the Share Borrower that it or one of its affiliates intends to sell the Borrowed Shares and use the resulting short position to facilitate transactions by which investors in the Notes (as defined below) may hedge their investments through short sales or privately negotiated derivatives transactions. The activity described above could affect the market price of the Common Stock otherwise prevailing from time to time. The offering of the Borrowed Shares is contingent upon the closing of a private offering of the Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the “Notes”) that Hertz Corp. priced today. The private offering of the Notes is not contingent upon the closing of the offering of the Borrowed Shares.
The offering of the Borrowed Shares was made by means of a prospectus. Copies of the prospectus may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone 1-866-803-9204 or from Barclays Capital Inc, c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847.
This press release is not an offer to sell or purchase or a solicitation of an offer to sell or purchase the Borrowed Shares or the Notes, and does not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any person to whom such an offer, solicitation or sale would be unlawful.
ABOUT HERTZ
Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the offering of the Borrowed Shares, the offering of the Notes and the anticipated completion and timing of the offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering on the anticipated terms or at all, market conditions and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the prospectus for the offerings and our most recent annual report on Form 10-K for the year ended December 31, 2025, as filed with the U.S. Securities and Exchange Commission on February 26, 2026, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information.
An Intel Xeon 6 processor. Intel’s stock has surged recently. Technical indicators are still bullish. (Annabelle Chih/Bloomberg)
Looking back at past stock picks is important because it helps investors understand what worked, what didn’t, and why. It turns trading decisions into a learning process by separating skill from luck and highlighting patterns in both good and bad outcomes. Over time, this can improve discipline, sharpen strategy, and lead to more consistent decision-making.
Shares of memory specialist Micron Technology (MU 1.32%) jumped about 16% in after-hours trading on Wednesday, climbing from about $1,049 at Wednesday's close to about $1,215, after the company reported a fiscal third quarter that topped even the most optimistic expectations on Wall Street.
The move snaps a fear-driven artificial intelligence (AI) sell-off that had weighed on chip stocks earlier in the week, and it puts Micron above a $1.2 trillion market capitalization.
No wonder the stock is soaring. The results were incredible.
Micron's fiscal Q3 revenue, for the period ended May 28, 2026, came in at about $41.5 billion. That's up from $23.9 billion in fiscal Q2 and just $9.3 billion in the year-ago quarter -- a 346% year-over-year jump. In addition, Micron's gross margin reached 84.6% on a GAAP basis, and non-GAAP (adjusted) earnings per share hit $25.11.
Topping it all off, all four of Micron's business units -- cloud memory, core data center, mobile and client, and automotive and embedded -- posted higher revenue than both the prior quarter and the year-ago period.
Image source: Getty Images.
A $50 billion outlook, and demand already spoken for The headline number, though, was the outlook. Micron guided fiscal Q4 revenue to $50 billion, plus or minus $1 billion -- well above the $43 billion Wall Street had been modeling.
And the profitability guided was impressive, too. Management said its fiscal fourth-quarter gross margin is expected to climb to about 86%. Additionally, it guided for adjusted earnings per share of $31.00, plus or minus $1.00, for the period.
Meanwhile, the stock's forward price-to-earnings ratio is about 10 -- a remarkably restrained multiple for a company whose top line has more than quadrupled in a year, and one that implies the market is pricing in either a peak in earnings or a sharp deceleration down the road.
What may matter more than the quarter itself, however, is what management said about demand durability.
Micron announced what it called "transformational Strategic Customer Agreements" -- multi-year deals that lock in volume and provide pricing visibility for memory supply. HBM4, built on Micron's 1-beta DRAM technology, is already in high-volume shipments to its lead customer, with qualification samples now going to additional end customers. The 16 signed agreements represent about 20% of Micron's DRAM volume and a third of its NAND volume over the agreement period.
"We believe our multi-year Strategic Customer Agreements will significantly enhance the durability and predictability of Micron's strong financial performance," Micron CEO Sanjay Mehrotra said in the company's fiscal Q3 earnings release.
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For investors who spent the week dumping AI-exposed semiconductors on fears of peaking demand, the report is a clean rebuttal.
Micron's cloud memory business unit, the most direct AI proxy in the company's portfolio, grew revenue from $3.39 billion a year ago to $13.77 billion, and its operating margin hit 78%. The core data center unit grew even faster, with revenue up more than sevenfold year over year. None of this looks like the profile of a market getting ready to roll over.
Of course, this doesn't mean there aren't risks to both Micron stock itself and the overall AI trade. Note that Micron's capital expenditures climbed to $7.1 billion in fiscal Q3 alone as it races to bring new HBM capacity online. And the memory business has always been cyclical, with customers prone to over-ordering when supply is tight and canceling when it isn't.
With that said, the Strategic Customer Agreements are notable. But their terms haven't been disclosed, so there's uncertainty surrounding exactly what this means.
Overall, however, the central question the market was asking heading into this report was whether AI memory demand was peaking. The combination of $50 billion in next-quarter revenue, an 86% gross margin, and multi-year agreements that provided contracted supply assurance across meaningful portions of DRAM and NAND is hard to read as anything but a no. For the broader AI trade, that's a meaningful data point -- and probably a relief.
Asian markets rediscovered their appetite for risk on Thursday, helped by a fresh reminder that the AI trade still has hard earnings behind it.
Strong updates from Micron and Qualcomm steadied nerves after a bruising bout of volatility in chip shares, pushing investors back into Japan and South Korea’s technology-heavy markets.
The rebound was powerful, but not carefree. Oil’s retreat helped ease inflation anxiety, while a stronger dollar and a fragile yen kept the interest-rate debate firmly in view.
MSCI’s broad index of Asia-Pacific shares outside Japan rose 1.3% in early trading, while Japan’s Nikkei advanced more than 2%.
South Korea’s KOSPI jumped 5.5%, extending its position as one of the world’s strongest markets this year.
The catalyst came from the chip sector. Micron said customers had committed $22 billion for memory chips, a signal that AI-related demand remains firm despite concerns over stretched valuations.
Qualcomm added to the mood by targeting $15 billion in data centre sales by 2029, strengthening the case that AI spending is moving beyond a narrow group of winners.
Analysts said the results offered a badly needed reset for sentiment after recent selling.
Still, they warned that the rally may need more than one strong earnings cycle to quiet doubts about valuations, debt-funded AI infrastructure spending and future returns.
Energy markets moved in the opposite direction. Brent slipped to $73.34 a barrel, while West Texas Intermediate fell to $70.07 as stranded tankers began leaving the Strait of Hormuz.
The resumption of traffic has reduced the fear premium built into crude during the US-Israel conflict with Iran.
Cheaper oil could help cool some inflation pressure, especially after weeks in which energy risks had complicated the outlook for central banks.
The relief, however, is not complete. Traders remain cautious because the peace process is still fragile and shipping flows through the Gulf are not yet fully normal.
The next test is US inflation. Thursday’s personal consumption expenditures report is expected to show core prices rising 0.3% in May, with the annual rate at 3.4%.
Headline inflation is forecast at 4.1% year-on-year.
That keeps the Federal Reserve under pressure and has helped lift the dollar. The yen traded around 161.73 per dollar, close to levels that could prompt fresh concern in Tokyo.
A break beyond 161.96 would push the currency to its weakest level since 1986.
Gold also felt the squeeze from higher rate expectations and dollar strength, slipping below $4,000 an ounce for the first time this year.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
The SpaceX IPO removed Rocket Lab's scarcity premium but left revenue growth, backlog expansion, and Neutron milestones intact. Rocket Lab's opportunity lies in becoming the second strategic launch provider rather than directly competing against SpaceX. Growing defense programs, sovereign initiatives, and satellite constellations could expand demand beyond current industry supply capacity.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In FS KKR Capital To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in FS KKR Capital between May 8, 2024 and February 25, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York--(Newsfile Corp. - June 24, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FS KKR Capital Corp. ("FS KKR Capital" or the "Company") (NYSE: FSK) and reminds investors of the July 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) the Company overstated the valuation of its portfolio investments and/or overstated the effectiveness of the Company's portfolio valuation process; (3) the Company overstated the durability of its quarterly distribution strategy; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding FS KKR Capital's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the FS KKR Capital Corp. class action, go to www.faruqilaw.com/FSK or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the FS KKR Capital Corp. Securities Class Action Lawsuit:
What is the FS KKR Capital securities fraud lawsuit about?
The FS KKR Capital securities fraud lawsuit is a federal securities class action alleging that FS KKR Capital Corp. (NYSE: FSK) and its executives made false and misleading statements to investors by overstating the effectiveness of its portfolio restructuring efforts for nonaccrual companies, overstating the valuation of its portfolio investments, and overstating the durability of its quarterly distribution strategy. As the truth emerged through a series of disclosures — including an August 6, 2025 report revealing a 6.2% decline in net asset value, a $474 million drop in total fair value of investments, and a loss per share of negative $0.75, followed by a February 25, 2026 announcement of further NAV deterioration, an additional $406 million decline in investment fair value, a dividend cut from $0.70 to $0.48 per share, and an acknowledgment that identified problem companies accounted for only 50% of net realized and unrealized losses — FSK's stock price dropped sharply, causing significant losses for investors.
Who may be eligible to participate in the FS KKR Capital class action lawsuit?
Investors who purchased or acquired FS KKR Capital Corp. (FSK) stock between May 8, 2024 and February 25, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the FS KKR Capital securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former FS KKR Capital employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the FS KKR Capital lawsuit?
A lead plaintiff in the FS KKR Capital class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any FS KKR Capital investor who purchased FSK stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 3, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased FS KKR Capital stock during the Class Period?
Investors who purchased FS KKR Capital Corp. (FSK) stock between May 8, 2024 and February 25, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the FS KKR Capital securities class action is July 3, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/FSK for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302717
Source: Faruqi & Faruqi LLP
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On June 24, 2026, Quest Diagnostics Inc (DGX) shares rose 3.0% today, currently trading at $203.11. This performance places the stock well within its 52-week ra
On June 24, 2026, Smurfit WestRock PLC (SW) shares rose 5.0% to $46.56. The stock has shown strong price performance recently, with a one-month increase of 22.4
New York, N.Y., June 24, 2026 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced recent and upcoming high-profile engagements with government officials, industry leaders, multilateral organizations, and energy stakeholders across Asia, Africa, Latin America, and the Caribbean as well as a management team update.
Klarna notified its investors Wednesday (June 24) that a Swedish court has delayed for a third time its judgment in an antitrust case brought by Klarna subsidiary PriceRunner against Google.
The Patent and Market Court in Stockholm has rescheduled the publication of its judgment from Friday (June 26) to July 1, Klarna said in an investor update.
“As with the Court’s two previous notifications, the rescheduling is a procedural decision by the Court and relates solely to the timing of the judgment delivery,” the company said in the release. “In its notification, the Court cited high workload as the reason for needing additional time to finalize the judgment. No inference about the outcome should be drawn from it.”
Klarna said in an April 10 investor update that the court rescheduled the publication of its judgment from April 15 to June 10, and the company said in a June 3 investor update that the court rescheduled the publication from June 10 to June 26.
PYMNTS reported in April that the trial ran from Oct. 20 to Dec. 19, and that PriceRunner was seeking $8.3 billion in antitrust damages.
PriceRunner’s claim followed a 2017 European Commission decision that Google abused its dominance in online comparison shopping, and a 2024 ruling by the Court of Justice of the European Union that upheld that decision.
“PriceRunner alleges that Google systematically demoted competing price comparison services in its search results while favoring its own Google Shopping product, causing sustained and quantifiable commercial damage to PriceRunner over more than a decade,” Klarna said in a February press release.
In response to the lawsuit, a Google representative told AFP in October: “We strongly oppose this lawsuit and look forward to presenting our case in court.”
Google has maintained that it made substantial adjustments in 2017 to comply with EU requirements. The company said those changes have successfully broadened participation, with the number of price comparison sites using its platform increasing from seven at the time to 1,550 in October.
Parent company Alphabet said in a recent regulatory filing that it faces antitrust proceedings, private individual and collective actions in the U.S., across Europe and in other jurisdictions. The company said: “We believe we have strong arguments against these open claims and will defend ourselves vigorously.”
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Microsoft Corporation (NASDAQ: MSFT) between May 1, 2025 and January 28, 2026, inclusive (the “Class Period”), of the important August 11, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Microsoft common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Microsoft’s Copilot family of products had experienced significant brand positioning, user experience, usage, data siloing, computational capacity, organizational, and interoperability problems; (2) Microsoft’s flagship proprietary AI model ranked well below competitors on a number of benchmark tests; (3) Microsoft needed to increase by billions of dollars its capital expenditures and divert graphics processing unit (“GPU”) and central processing unit (“CPU”) capacity away from fulfilling demand for its profitable Azure services in order to improve the competitive positioning of its critical Copilot family of products and increase its AI-related research and development (“R&D”); and (4) as a result, Microsoft had failed to convert a significant percentage of its commercial Microsoft 365 users to paid Copilot subscriptions and Microsoft’s Copilot offerings had lost market share to rival products, a trend that was increasing. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Microsoft class action, go to https://rosenlegal.com/cases/microsoft-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
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New York, NY 10016
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HANOI, Vietnam--(BUSINESS WIRE)--FPT Corporation today announced an expanded strategic collaboration with Microsoft aimed at accelerating enterprise AI adoption and co‑innovation across Asia, with a strong focus on ASEAN, Japan, and South Korea. The collaboration brings together Microsoft’s global AI platforms with FPT’s large‑scale delivery and regional market capabilities to support organizations as they move from AI experimentation to real‑world, scalable impact, with measurable business outcomes.
The collaboration aligns with FPT’s AI‑First strategy and Microsoft’s vision for human‑agent collaboration, with the goal of enabling enterprises to redesign how work is done across engineering, operations, and business functions.
Positioning FPT as an AI Frontier Company
As part of the collaboration, FPT will work closely with Microsoft as an AI Frontier Company - a new type of organization defined as human-led and agent-operated, seamlessly embedding AI agents into everyday workflows and core processes, while exploring early adoption of Microsoft’s next‑generation AI technologies and joint co‑innovation around generative and agentic AI. This includes early roadmap alignment, experimentation with emerging AI capabilities, and the development of reference architectures and industry showcases designed for enterprise scale.
Equipped with 30,000 AI-augmented engineers across its global presence, FPT is continuing to prioritize Microsoft platforms as part of its internal AI transformation, with a focus on Microsoft 365 Copilot and GitHub Copilot. As part of this journey, the Corporation is working toward equipping up to 20,000 developers with agentic development capabilities over the next three years, supporting the development of an AI‑augmented workforce and modern engineering practices in order to accelerate AI transformation for FPT’s global clients.
Through this elevated collaboration, which also serves as a pathway for more strategic future engagement models towards 2030, FPT aims to serve as a long‑term reference organization and early adopter of Microsoft’s AI platforms - demonstrating how enterprises can move beyond productivity gains to fundamentally redesign workflows around human‑AI collaboration.
“As enterprises move from AI experimentation to enterprise‑wide adoption, the challenge is no longer technology alone — it is scale, resilience, and execution,” said Nguyen Van Khoa, CEO of FPT Corporation. “Through our deepened collaboration with Microsoft, FPT is enabling global enterprises to accelerate AI transformation across different stages of maturity — from early exploration to AI-enabled workforce productivity and upskilling, to the integration of AI into core processes and fully AI‑native operations — strengthening cybersecurity readiness, accelerating cloud and recovery architectures, and improving cost efficiency through productivity‑led digital and AI transformation. We are committed to enabling clients to move faster, operate more intelligently, and scale AI capabilities wherever their business operates.”
Driving joint go‑to‑market impact across Asia and Supporting national AI ambitions
The collaboration between Microsoft and FPT also establishes a structured Pathfinder approach to deepen joint engagement across priority Asian markets. This includes executive sponsorship, joint governance, investment and coordinated market initiatives across regions, designed to help enterprises adopt AI in a practical, scalable, and repeatable way, as well as joint capability-building initiatives across leadership, sales, and delivery teams.
Together, the two organizations will focus on building AI adoption models that can be deployed across industries - supporting enterprises as they transition from isolated pilots to enterprise‑wide AI transformation, enabled by Microsoft’s technical expertise, enablement programs, and co‑innovation resources.
Mayank Wadhwa, President of Microsoft ASEAN, said: “Vietnam is stepping into a pivotal phase of AI adoption, where organizations are ready to scale beyond pilots and redesign how work gets done. AI Frontier organizations, human‑led and agent‑operated, will define this next chapter. By combining Microsoft’s trusted global AI platforms with FPT’s large-scale capabilities and deep engineering strength, we are helping Vietnamese enterprises accelerate this transformation with safety, responsibility, and real impact.”
The two sides are also aligned in supporting Vietnam’s ambition to become an AI Frontier Government. Areas of collaboration include joint thought leadership, capability building, policy‑aligned solution frameworks, and ecosystem engagement - combining Microsoft’s global AI platforms with FPT’s local delivery and government engagement expertise, in alignment with Vietnam’s national priorities and regulatory considerations.
FPT and Microsoft established their relationship in 1996 and have since collaborated on a broad range of technology initiatives, from e‑government, taxation, customs, and hospital management systems to enterprise modernization programs. Over three decades, the relationship has continued to evolve in both scope and capability, with FPT building strong expertise across the Microsoft ecosystem to support large-scale deployments for global enterprises.
Backed by more than 3,000 Microsoft-certified engineers, FPT has further strengthened its position in AI-led transformation through specializations in AI, Machine Learning, and Kubernetes on Microsoft Azure. In 2026, the Corporation became the first Microsoft Enterprise System Integrator in Southeast Asia to achieve Frontier Partner designation - one of the most selective tiers in the Microsoft ecosystem - recognizing its proven track record in delivering end-to-end AI and cloud transformation at scale for global enterprises. More recently, FPT was also named a Microsoft AI Discovery Cards Featured Partner globally, underscoring its capabilities in helping enterprises translate AI ambition into actionable strategies and scalable implementation roadmaps.
To further affirm its commitment to enterprise-grade AI transformation, FPT also recently introduced FPT CASAN, a comprehensive AI transformation methodology designed to help organizations move from fragmented experimentation to scalable, real-world AI deployment. Built on a five-level AI-native framework - Curious, Augmented, Standard, Automatic, and Native - FPT CASAN provides a structured roadmap to assess readiness, strengthen governance, and operationalize AI across core functions, addressing siloed solutions and unstructured data to enable cohesive, outcome-driven adoption while unlocking efficiency and long-term competitive advantage.
About FPT
FPT Corporation (FPT) is a globally leading Vietnam-headquartered technology and IT services provider, with operations spanning more than 30 countries and territories. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. With a strong focus on mastering strategic technologies, FPT continues to drive innovation across industries. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses.
For more information about FPT's global IT services, please visit https://fptsoftware.com.
Nvidia (NVDA 0.93%) is the most valuable company in the world, and the only one with a market cap of more than $5 trillion. If you had invested $25,000 in it 10 years ago and held on through the ups and downs that followed, you'd have a stake worth more than $4 million today.
However, the stock has been growing at a more modest pace recently. It's up just 7% this year -- almost precisely as much as the broad market S&P 500 index. So is there still a chance that a $25,000 investment in Nvidia made today could make you into a millionaire?
Nvidia is still at the top of its game Nvidia's story is unusual, and its rise to megacap status was unexpected. There were plenty of investors who recognized it as a great company even before the artificial intelligence (AI) trend sent its revenues skyrocketing a few years ago, but at that time, its graphics processing units (GPUs), the basis of generative AI today, were more widely used to power video games, edit video, and mine cryptocurrency.
The stampede of business that came from the AI revolution sent its sales, profits, and stock price into the stratosphere, and the good news is, the revolution is far from over. The company has been reporting accelerating growth, and it's launching new products and architectures at a dizzying pace in its bid to stay ahead of competitors.
Image source: Nvidia.
For instance, it's now rolling out its latest chip architecture, the Vera Rubin line.
That integrated stack, which combines the Rubin GPU with its new Vera CPU (central processing unit), will deliver 35 times higher inference power than the previous architecture, Blackwell. Moreover, even with the new processors set to start shipping in the second half of this year, its Blackwell processors continue to sell at a high rate; Amazon Web Services (AWS) alone is ordering 1 million Blackwell and Vera Rubin chips in its efforts to build capacity for its cloud clients.
It's noteworthy that Nvidia has decided to pursue a new opportunity in CPUs, which will become increasingly more important in data centers geared toward powering agentic AI. CEO Jensen Huang has said that he sees a $200 billion addressable market for the company in CPUs, and that he anticipates $1 trillion in sales of Blackwell and Rubin GPUs alone across 2026 and 2027.
Can it grow fast enough? This is all exciting, but from an investing standpoint, will it be enough to significantly grow your money? As Nvidia's revenue base further expands from its already enormous level, can its growth continue to accelerate?
Nvidia's revenue increased 85% year over year in its fiscal 2027 first quarter (which ended April 26), which is an impressive result. But let's assume that slows down over the next five years. Assuming a compound annual growth rate (CAGR) of 50%, in five years, its revenue would be almost $2 trillion. I would suggest that's unlikely at this stage. Assuming a 30% CAGR, its annual revenue would be $943 billion, which would be more than any other company brings in today.
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To me, that sounds like investors should expect a major slowdown in growth soon, and a stock performance that will reflect that. Moreover, even if it does grow that fast, the stock's price-to-sales ratio would almost certainly fall to a much lower level than today's 20. Theorizing a P/S ratio of 10, Nvidia's market cap would be $9.4 trillion in five years, or almost double its size today, and your $25,000 would be worth about $48,460. You'd have to wait a long time to see that stake grow into $1 million, if it could happen at all.
SummaryNVIDIA is a Buy as its base case no longer depends on Chinese data center compute revenue.NVDA’s data center, AI, networking, and platform businesses are compounding strongly ex-China, with Q1 revenue up 85% and robust $91B guidance.China now represents high-value optional upside, not a key valuation pillar; partial reopening or compliant chip sales would further boost upside.Downside risk is limited, with base and bull cases supporting 43–70% upside; key risks are AI buildout slowdown and Rubin ramp delays. Robert Way/iStock Editorial via Getty Images
I am not buying NVIDIA (NVDA) because I hope China will reopen someday. In fact, my argument is almost the opposite: I am buying NVDA because it no longer needs Chinese data center compute revenue
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Last week, the U.S. and Iran signed a memorandum of understanding (MOU), and tankers began to travel through the vital Strait of Hormuz once more. However, the situation remains fluid: By the end of the week, there were mixed reports about restrictions on transit through the vital waterway. The MOU is the beginning of a 60-day negotiation period, rather than a full peace deal.
WTI crude prices have fallen by more than 20% over the past month to around $75 (as of June 22). That's up from $57 at the start of the year, but significantly down from almost $113 in April. The challenge for investors is that reopening the Strait is not a linear process from geopolitical and logistical perspectives. It will take time, and there may be further moves to restrict tanker movements if violence restarts.
When major geopolitical shifts occur, it is natural to consider which sectors might become more or less attractive. High jet fuel prices certainly pressured airline stocks at the start of the conflict, but markets have already started to price in an end to the war. Indeed, the U.S. Global Jets ETF (JETS +4.17%), which tracks the global airline industry, is trading higher than when the war started. Not only has air travel demand proven remarkably resilient, but traders are already looking beyond the conflict.
Image source: Getty Images.
The Strait of Hormuz is important, but the bigger question is what place individual airlines might have in your portfolio for the coming five years or more. It is a challenging and cyclical sector, with fierce competition and high fixed costs, including fuel, planes, and staff, that can be particularly susceptible to economic and geopolitical shocks. This year's events are a reminder of the impact that global conflict can have on fuel prices, travel demand, and flight paths.
Here's what you need to know about Delta Air Lines (DAL +4.43%) and American Airlines (AAL +8.05%) -- two top airline stocks with very different investment profiles.
Delta Air Lines Delta Air Lines has proven the most resilient of U.S. airlines this year. Its stock sank at the start of the conflict, but recovered quickly: It is up over 21% year-to-date and rose to an all-time high last week after announcing a 15% quarterly dividend increase. CEO Ed Bastian is credited with championing the company's commitment to excellence and premium brand, and that strong leadership is an important factor for investors.
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Two features have helped Delta during what's been a tough period for airlines. First, it owns an oil refinery in Pennsylvania, which it used to offset the worst of the higher jet fuel costs. Second, premium customers -- who have continued to travel even as prices have risen -- make up an increasing part of its revenue. Delta generated more than 60% of its Q1 revenue from premium and corporate customers, and its loyalty program.
Delta's Q1 2026 revenue was $14.2 billion, up almost 10% year over year, although it had a net loss of $289 million for the quarter. Demand remained high even as the firm increased fares and baggage fees and reduced capacity to mitigate the impact of high fuel costs. Delta stock may appeal to investors looking for an airline with solid long-term potential and some insulation from oil price fluctuations.
American Airlines Some see American Airlines as a turnaround story. The firm has lagged both United Airlines and Delta, but is focused on increasing its corporate and premium share and improving flight reliability. It also expanded its partnership with Citi by launching an exclusive co-branded credit card this year, which is already generating earnings and could further build customer loyalty.
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Similar to Delta, its Q1 2026 revenue increased almost 11% year over year to $13.9 billion, though its net loss was higher at $382 million. American Airlines' heavy debt continues to drag on its bottom line. At the end of Q1 2026, its total debt was $34.7 billion -- the first time it's been under $35 billion since 2015. For context, Delta's total debt stands at $13.5 billion. Putting aside the interest costs, that debt means American has less room to maneuver when things get tough.
American Airlines has underperformed both Delta and its industry peers so far this year. That could present an opportunity, particularly in light of its strategic changes, but there are still headwinds ahead.
JETS data by YCharts
Expect further turbulence Don't invest in airline stocks because of what's happening with the Strait of Hormuz. Not only are negotiations still fragile, but it will also take time for traffic to flow normally again, and damage to key infrastructure could take months or years to repair. Instead, think about how individual airlines might fit into your portfolio, and whether you see more long-term opportunity in American Airlines' potential comeback than Delta's continued premium plan.
4:20pm: AI trade faces fresh scrutiny US stocks finished mixed on the session, with the Dow managing a solid gain while the S&P 500 and Nasdaq edged lower as selling pressure returned to technology names.
The Dow Jones Industrial Average rose 0.4%, while the S&P 500 slipped 0.1% and the Nasdaq Composite fell 0.4%. Sentiment was again weighed down by renewed AI jitters, as investors questioned stretched valuations and heavy capital spending in the sector, prompting profit-taking in some of this year’s biggest winners.
Attention is now turning to Micron, which is set to report earnings after the closing bell.
Outside equities, commodities saw broad weakness. Oil led the decline, with WTI crude dropping below $70 a barrel for the first time since March. The move came as easing geopolitical tensions—alongside increased maritime traffic through the Strait of Hormuz following diplomatic progress between the US and Iran—helped soften supply concerns, while a stronger dollar added further pressure across the commodity complex.
3:40pm: Proactive news headlines Ocean Power Technologies Inc (NYSE-A:OPTT) deployed and commissioned a PowerBuoy system for Rutgers University off New Jersey and secured a WAM-V unmanned surface vehicle order from Stevens Institute of Technology to support offshore monitoring and research projects. Nine Mile Metals Ltd. (CSE:NINE, OTCQB:VMSXF, FRA:KQ9) reported that drilling at its Wedge project in New Brunswick intersected two zones of copper-bearing VMS mineralization over 129.72 metres, extending the northeast trend of the deposit. EDM Resources Inc (TSX-V:EDM, OTC:SWNLF) raised approximately $1.5 million through warrant exercises by insiders and shareholders to support advancement of its Scotia Mine project amid ongoing regulatory and exploration milestones. C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) reported additional drilling results from its Khaleesi copper project in Peru, highlighting two new skarn zones and manto-style mineralization that further expand the footprint of the system. Replenish Nutrients Holding Corp (CSE:ERTH, OTC:VVIVF, FRA:7KE) completed commissioning of its fertilizer pellet facility in Alberta, with production expected to ramp to at least 1,000 tonnes per month in Q3 2026 at projected margins of 25% to 35%. Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) expanded its Alamo property exploration area in Arizona after identifying new gold and copper anomalies through soil geochemistry and VLF-EM surveys. 2:30pm: Market movers FedEx Corp (NYSE:FDX, XETRA:FDX) shares slipped despite reporting fiscal Q4 2026 adjusted EPS of $6.31, up 4% year over year and ahead of estimates, with Bank of America attributing the decline to reporting-transition complexity rather than operational weakness. The Wendy's Company (NASDAQ:WEN) surged after a viral Reddit WallStreetBets post sparked a retail-driven rally in the heavily shorted stock, which had already fallen more than 70% since mid-2023. Nike Inc (NYSE:NKE, XETRA:NKE) announced that David Denton will become executive vice president and chief financial officer on August 17, succeeding Matthew Friend as the company focuses on capital allocation and long-term growth. Cerebras Systems (NASDAQ:CBRS) fell 14% after reporting strong first-quarter results and raising its full-year outlook, but warning of a sharp decline in near-term gross margins despite revenue beating expectations. 1:10pm: Alphabet joins Dow Alphabet Inc (NASDAQ:GOOG) will join the Dow Jones Industrial Average, replacing Verizon Communications Inc (NYSE:VZ, XETRA:BAC) (Verizon Communications Inc (NYSE:VZ, XETRA:BAC), Verizon Communications Inc (NYSE:VZ, XETRA:BAC)), in a reshuffle that further increases the index’s exposure to large-cap technology companies.
S&P Dow Jones Indices said the change will take effect prior to the opening of trading on June 29, 2026. At that time, Alphabet’s Class A shares will be added to the 30-stock index, while Verizon will be removed.
Alphabet will join other major technology constituents in the Dow, including Apple, Microsoft, Amazon, and Nvidia, further increasing the sector’s weight within the traditionally industrial-heavy index.
12:10pm: More pain for gold Commodities are under pressure today with both oil and gold sliding sharply, and Chris Beauchamp at IG noting that gold’s run above $4,000 has ended as it posts its biggest pullback in four years.
"The parabolic move of late 2024, through 2025 and on into 2026 has firmly come unstuck," Beauchamp wrote Wednesday.
"The bigger the party, the bigger the hangover, and gold is still working off its own exuberance. 2022’s selloff took longer, but we have to go back to the distant days of 2013 to find a bigger percentage loss.
"As the dollar keeps strengthening, there is more pain to come for gold.”
11:00am: Markets enter risk reset Linh Tran, market analyst at XS.com, said the recent pullback in US equities reflects more than routine profit-taking, as investors reassess growth-stock valuations amid persistent macroeconomic headwinds.
According to Tran, elevated Treasury yields, a strong US dollar and the Federal Reserve's hawkish stance have increased pressure on technology and semiconductor shares, which are particularly sensitive to higher capital costs.
“The fact that some defensive sectors, such as consumer staples, continued to perform positively suggests that capital is not leaving the market altogether, but is instead being reallocated from overheated segments into more stable areas,” Tran said.
Tran noted that the decline still appears to be a short-term correction rather than the start of a broader downturn, as investors rotate into defensive sectors. Looking ahead, Tran said the S&P 500 could face further pressure and potentially test support near 7,200 if weakness in technology stocks persists, though a rebound in megacap tech shares could turn the selloff into a healthy market rebalancing rather than a major trend reversal.
10am: Stocks open slightly higher US stocks have opened modestly higher, with the S&P 500 up 0.3%, while the Dow Jones and Nasdaq have inched up 0.2% in early trading.
Healthcare and life sciences stocks are topping the S&P, with IQVIA up 6.6%, Charles River Laboratories gaining 5%, followed by Bio-Techne, Danaher and Agilent.
Consumer and travel names were also in demand, led by homebuilding names Builders FirstSource up 8.9%, PulteGroup gaining 7.1%, Lennar rising 6.8% and DR Horton adding 6.6%
The rally in homebuilding was despite weaker-than-expected US new home sales data.
Travel names were also strong, led by Booking Holdings, Expedia, Royal Caribbean, Carnival and Airbnb.
The biggest trend is a tentative stabilisation in mega-cap tech, but the AI supply chain remains under pressure ahead of Micron's results.
Nvidia, Microsoft, Amazon, Alphabet and Meta were all modestly higher, suggesting investors are buying the broader platform and software winners.
However, Micron fell 1.3%, AMD dropped 1.8%, Intel lost 1.3%, and chip equipment makers Applied Materials and Lam Research were also weaker, indicating lingering concerns around AI spending and semiconductor demand.
Elsewhere, falling oil prices continued to weigh on energy stocks, with Exxon down 1.8%, while banks remained out of favour as JPMorgan slipped 1.1%.
Chevron, IBM, Goldman and soon-to-be-demoted Verizon were the biggest drags on the Dow.
8.05am: Nasdaq tech stocks expected to stabilise Wall Street stocks are expected to make a steadier start on Wednesday after a sharp technology-led sell-off in the previous two sessions, with investors now focused on Micron's earnings for clues about the health of the artificial intelligence boom.
Nasdaq and S&P 500 futures were pointing 0.6% and 0.3% higher, although both had pared earlier gains. Futures for the Dow Jones edged 0.15% higher after earlier trading in negative territory.
This potential rebound comes a day after a bruising session, when the Nasdaq plunged 2.2% to 25,587, shedding over 850 points since the start of the week as chipmakers and AI-linked stocks tumbled. The S&P 500 fell 1.4% to 7,365 on Tuesday, while the Dow Jones slipped 0.1% to 51,667.
Of the 22 biggest Nasdaq 100 fallers, around 18 were directly involved in chips, chip manufacturing equipment, semiconductor components or AI hardware, with the 'Magnificent 7' tech giants sinking back to their lowest since April, down 3% this year.
The sell-off came despite stronger-than-expected US economic data and easing energy prices. June flash PMI data showed the US economy expanding at its fastest pace in five months.
Energy prices continued to fall on Wednesday, with WTI crude sliding 2.9% to just over $71 a barrel for the first time since March 3 as concerns over disruption in the Strait of Hormuz continue to fade.
The US dollar has climbed to its highest level in more than a year as investors reassess the outlook for US interest rates under new Fed Chair Kevin Warsh, with the dollar index (DXY) breaking above 101.6 level, the highest since March last year.
Gold was also under the microscope, down another 1.7% to levels last seen in November at around $4,050 an ounce.
Market attention is now squarely on Micron, which reports after the closing bell.
Slatestone Wealth chief market strategist Kenny Polcari called it "the most important report of the quarter", saying investors want proof that AI infrastructure spending remains intact.
Elsewhere, SpaceX confirmed pricing for its first bond offering as a public company after upsizing the deal to $25 billion from its initial target of $20 billion.
Also overnight, it was revealed that Alphabet will replace Verizon in the Dow Jones index.
Investors will also be watching new home sales and building permit data later today for fresh clues on the health of the US housing market.
There's a reason that American Express (AXP +1.40%) is one of Warren Buffett's favorite stocks. It's not only one of Berkshire Hathaway's longest-held stocks; it is also one of the conglomerate's largest positions.
American Express is not the largest credit card company or payment provider, but it occupies a unique position within the industry. First, American Express is a closed-loop provider, meaning it is a credit card issuer and lender with its own network. In addition to swipe fees, it also generates interest income on the loans.
Image source: Getty Images.
Also, American Express appeals to a more affluent customer base, charging higher fees but offering more rewards and incentives than other credit card companies. This helps it create a loyal customer base. In addition, because customers are generally wealthier, American Express tends to be less affected by challenging economic times than its main closed-loop rival, Discover, owned by Capital One.
In addition, the more affluent customer base is less prone to defaults or delinquencies, improving American Express's credit quality and reducing risk.
Is American Express stock a buy? In the first quarter, consumer spending slowed and inflation rose, creating a sluggish economic environment. Yet, American Express showed its advantages as its fee revenue increased 11%, its net interest income rose 13%, and its overall net income increased 15% year over year.
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Further, its net write-off rate, which tracks bad loans unlikely to be repaid, dropped to 2% in Q1, down from 2.1% in the previous quarter and 2.1% in Q1 2025. The 30-day delinquency rate also remained unchanged at 1.3%, while its provisions for credit losses were down from the previous quarter.
The average charge-off rate for banks in Q1 was 4.01%, according to the St. Louis Fed. For Discover, it was 5.05%. So, American Express had much better credit quality than the average bank and its closed-loop credit card rival, Discover.
American Express stock is down about 8% year to date, but it has been on the upswing lately, rising about 8% over the past month. Much of the earlier decline was driven by investor anxiety about the economy and rising inflation, which was somewhat alleviated by American Express's strong Q1 results, released in April.
American Express maintained its fiscal-year guidance, which some investors found disappointing given Q1's robust earnings beat. But with its solid credit quality and affluent client base, American Express stock has typically outperformed the market during downturns. For example, in 2022, it was down 9% compared to a 19% drop for the S&P 500 (^GSPC 0.10%).
American Express stock is also reasonably valued, trading at 19 times forward earnings. That makes it an even better long-term buy right now in this uncertain market, as its customer base would be less impacted by economic headwinds.
On June 24, 2026, Dow Inc DOW shares fell 3.1% to a current price of $29.38. This drop comes amid a broader trend, as the stock has decreased 9.6% over the past week and 17.6% over the past month. The stock has fluctuated between a 52-week high of $42.74 and a low of $20.40 over the past year.
GF Value™ verdict: The current price of $29.38 is 27.2% below the GF Value™ estimate of $40.37, indicating significant undervaluation.GF Score™: At 60/100, Dow Inc's score suggests an above-average potential for generating long-term returns.Most notable signal: There have been no insider transactions in the last 3 months, indicating stable insider sentiment. Is DOW Overvalued or Undervalued? According to the GF Value™, Dow Inc DOW is currently undervalued, with the current share price of $29.38 being significantly lower than the estimated fair value of $40.37. This represents a margin of safety of approximately 27.2%, suggesting a potential opportunity for value-oriented investors. The GF Valuation label classifies DOW as modestly undervalued, which indicates that the market may not fully recognize the company's intrinsic value at present.
This undervaluation presents an opportunity; however, investors should proceed with caution. The company's financial strength, while not at its best with a score of 4/10, along with a low Altman Z-Score of 1.43, could indicate risks associated with financial stability. Nevertheless, the substantial difference between the current price and the GF Value™ suggests that if DOW can navigate its challenges, it may offer significant upside potential in the long run.
How Does DOW's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 9.2x 20.8x The current forward P/E ratio of 9.2x is substantially lower than the 5-year median P/E of 20.8x. This indicates that DOW is trading significantly below its historical valuation levels, which aligns with the GF Value™ verdict of being undervalued. This P/E analysis supports the notion that the market may be undervaluing DOW, providing further confirmation of the opportunity presented by the current share price.
What Does DOW's GF Score™ Tell Us? Metric Rating GF Score™ 60/100 Financial Strength 4/10 Profitability 6/10 Growth 4/10 Valuation 8/10 Momentum 1/10 The GF Score™ of 60/100 indicates that while Dow Inc demonstrates above-average potential for generating returns, there are areas of concern. The strongest aspect is its Valuation rank at 8/10, signaling favorable pricing relative to intrinsic value. However, the weakest area is Momentum, rated at 1/10, suggesting that the stock may be experiencing negative price trends. Financial Strength and Growth ranks are also relatively low, which may raise flags for risk-averse investors.
What Are Insiders Doing with DOW Stock? In the last three months, there have been no insider transactions reported for Dow Inc DOW . This inactivity among insiders could suggest a neutral sentiment regarding the stock's future performance. While insider buying might indicate confidence in the company's prospects, the absence of transactions does not necessarily imply pessimism; it simply reflects a lack of movement or changes in perspective among the company's executives.
What This Means for Investors Based on the current analysis, Dow Inc DOW appears to be undervalued according to the GF Value™, providing a margin of safety for potential buyers. However, the company's financial metrics and lack of insider activity suggest that caution should be exercised. Investors may want to monitor the company's performance closely, given the mixed signals from its GF Score™ and valuation metrics.
For the complete analysis, visit the Dow Inc DOW stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is DOW's GF Score™?
DOW's GF Score™ is 60/100, indicating above-average potential for long-term returns based on several fundamental factors.
Is DOW overvalued or undervalued?
DOW is currently undervalued, with a GF Value™ estimate of $40.37 compared to its current price of $29.38.
What is DOW's P/E ratio?
DOW's current forward P/E ratio is 9.2x, which is significantly lower than its 5-year median P/E of 20.8x, indicating that the stock is trading below its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
U.S. Bancorp (NYSE: USB) commented on the results of the Federal Reserve's Dodd-Frank Act Stress Test (DFAST) conducted in accordance with the Dodd-Frank Wall
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of First Solar, Inc. (“First Solar” or the “Company”) (NASDAQ: FSLR) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON FIRST SOLAR, INC. (FSLR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On January 7, 2026, Jefferies downgraded First Solar from Buy to Hold, stating that during 2025, the Company had lowered guidance, faced significant de-bookings, and experienced margin compression. Additionally, Jefferies claimed that “[international] facilities remain a pain point while tariffs exist” and “underutilization at [international] facilities remains a concern.”
On this news, First Solar’s stock price fell $27.67, or 10.3%, to close at $241.11 per share on January 7, 2026, thereby injuring investors.
Then, on February 24, 2026, First Solar released its fourth quarter and full year 2025 financial results, revealing that earnings had significantly missed expectations. The Company also issued lower-than-expected revenue guidance for 2026 citing customer headwinds.
On this news, First Solar’s stock price fell $33.09, or 13.6%, to close at $210.12 per share on February 25, 2026, thereby injuring investors further.
Contact Us To Participate or Learn More:
If you purchased First Solar securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
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Shares of artificial intelligence (AI) software company Palantir Technologies (PLTR 2.79%) have been one of the great trades of the past few years. The stock climbed more than 20-fold from the end of 2022 through its 2025 highs as enterprises and governments rushed to put AI to work inside their operations. But 2026 has been a different story. Shares are down 36% so far this year, recently touching a new 52-week low of $112.25 -- well off the $207.52 they hit within the past year.
So where could the stock realistically be in five years?
The business momentum makes a strong case for optimism. But the valuation makes the case for caution.
The result? An unusually wide range of possible outcomes.
Image source: Getty Images.
Incredible growth Start with what's going right, because plenty is.
Palantir's revenue rose 85% year over year in its first quarter of 2026 (the period ended March 31, 2026) to $1.63 billion. That was an acceleration from 70% growth in the fourth quarter of 2025 and 63% in the third quarter. For a company already generating billions in annual sales, this is an extraordinary pace.
Powering this growth is its Artificial Intelligence Platform, or AIP -- the product that lets organizations build AI directly into their day-to-day workflows.
U.S. commercial revenue, where AIP adoption is most evident, surged 133% year over year in the first quarter to $595 million. And the government side grew too, with U.S. government revenue up 84% to $687 million.
Further, Palantir reported first-quarter GAAP net income of $871 million -- a 53% margin.
Looking ahead, the expectation is for more staggering growth. In its last quarterly update, management raised its full-year 2026 revenue guidance to about $7.66 billion at the midpoint, which would represent 71% growth.
"The United States remains the center, the constant core, of our business," said co-founder and CEO Alex Karp in the company's first-quarter shareholder letter. "And that business is erupting." Karp has gone further, telling CNBC he expects Palantir's U.S. business to double again in 2027.
The valuation asks for near-perfection Here's the catch. Even after a 36% decline this year, the stock is priced for a future that has to go almost exactly right.
At about $116, Palantir trades at 128 times earnings. That is an extreme multiple for any company, and it only makes sense if growth at a pace close to today's continues for years. Clearly, the market isn't paying for the business Palantir is today. It's paying for the business it might be in 2031 and beyond.
But there are two significant risks.
First, there's the same risk all software companies are facing right now: AI. Despite Palantir being an AI-first company, many investors worry that AI will become so powerful that it will lower the barriers to entry for AI tools, allowing new upstarts to more easily compete with software incumbents.
The second risk is the government business, which can be lumpy and political. In June, the U.S. Army named privately held Anduril -- not Palantir -- to lead the common data layer for its Next Generation Command and Control program, with Palantir's Foundry contributing as one component.
Overall, Palantir's business may well keep compounding at an impressive rate. But the stock's high valuation may already price in the most optimistic bull case for the stock -- a bad setup when the company faces competitive pressures that could slow its growth over time.
Today's Change
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-3.25
Current Price
$
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So, where does the stock go from here?
The wide range of outcomes makes a precise call impossible, but I don't think the likeliest paths are especially bullish. If Palantir keeps growing its business while that valuation multiple slowly compresses over the next five years, I think the stock could end up somewhere between roughly where it sits today or compounding at a modest rate of about 5% annually at best. Starting from about $114, 5% annual compounding works out to around $146 in five years.
In short, I wouldn't expect much from the stock. But that doesn't mean the stock has let investors down. It's up more than 300% over the past five years.
HomeIndustriesComputers/ElectronicsTech StocksTech StocksThe South Korean memory company could give investors more opportunities beyond Micron, though it may also raise awareness of industry dynamicsLast Updated: June 24, 2026 at 9:09 p.m. ET
First Published: June 24, 2026 at 8:22 p.m. ET
Micron Technology’s latest earnings are further fueling SK Hynix’s stock — and analysts are intrigued about what’s to come after the South Korean memory giant completes its U.S. listing next month.
That listing will make SK Hynix’s stock KR:000660 more accessible to U.S. investors and could also help it fetch a higher valuation multiple, according to analysts. SK Hynix disclosed Wednesday morning that it was seeking to raise nearly $30 billion through a deal that would see shares trade on the Nasdaq as well as in South Korea, where they’re currently listed.
SummaryCompaniesMicron's results beat expectations, boosting optimism over sustained demand for AI-related chipsSK Hynix shares up as much as 11.6% and Samsung Electronics gains up to 6.2%SK Hynix plans to raise up to $29 bln through a Nasdaq secondary listingSamsung and SK Hynix account for more than 55% of KOSPI market capitalisationSEOUL, June 25 (Reuters) - South Korean semiconductor shares rallied on Thursday after U.S. memory chipmaker Micron Technology's (MU.O), opens new tab quarterly results and forecast beat expectations, boosting optimism over sustained demand for AI-related chips.
Shares of SK Hynix (000660.KS), opens new tab and Samsung Electronics (005930.KS), opens new tab rose as much as 11.6% and 6.2%, respectively, in early trade, tracking a rally in U.S. chip stocks after Micron's earnings and outlook reinforced confidence in the memory sector.
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The rally also followed SK Hynix's announcement on Wednesday of plans to raise up to 45.45 trillion won ($29.52 billion) through a secondary listing on Nasdaq, as it seeks to capitalise on strong investor appetite for AI stocks.
The benchmark KOSPI (.KS11), opens new tab, in which Samsung Electronics and SK Hynix together account for more than 55% of market capitalisation, was trading up 5.3% as of 0019 GMT.
Micron, a key supplier for Nvidia's (NVDA.O), opens new tab AI processors alongside South Korean chip makers, forecast quarterly profit and revenue well above expectations on Wednesday and said its customers had committed $22 billion to lock in supplies of memory chips, sending its shares surging 12% in after-hours trading.
The upbeat outlook lifted shares of U.S.-listed chipmakers late on Wednesday, with more than $400 billion added in market value after the strong forecasts from Micron and Qualcomm (QCOM.O), opens new tab breathed fresh life into Wall Street's recently waning AI stock rally.
Micron's forecast - and third-quarter results that beat Wall Street estimates - underscore how AI-driven shortages are forcing its large-scale data center customers to fund capacity, reshaping the memory market.($1 = 1,539.6600 won)
Reporting by Heekyong Yang Editing by Ed Davies
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Micron Technology, Inc. (MU) Q3 2026 Earnings Call June 24, 2026 4:30 PM EDT
Company Participants
Satya Kumar - Corporate VP of Investor Relations & Treasurer
Sanjay Mehrotra - CEO, President & Chairman
Mark Murphy - Executive VP & CFO
Conference Call Participants
Timothy Arcuri - UBS Investment Bank, Research Division
Joseph Moore - Morgan Stanley, Research Division
Christopher Muse - Cantor Fitzgerald & Co., Research Division
Vivek Arya - BofA Securities, Research Division
Sreekrishnan Sankarnarayanan - TD Cowen, Research Division
Presentation
Operator
Ladies and gentlemen, thank you for joining us, and welcome to Micron Technology's Fiscal Third Quarter 2026 Financial Conference Call. After today's prepared remarks, we will host a question-and-answer session. Webcast viewers, please note that you will be able to advance the slides as you view at your own pace.
I will now hand the conference over to Satya Kumar, Corporate Vice President of Investor Relations and Treasury. Satya, please go ahead.
Satya Kumar
Corporate VP of Investor Relations & Treasurer
Thank you, and welcome to Micron Technology's Fiscal Third Quarter 2026 Financial Conference Call. On the call with me today are Sanjay Mehrotra, our Chairman, President and CEO; and Mark Murphy, our CFO. Today's call is being webcast from our Investor Relations site at investors.micron.com including audio and slides. In addition, the press release detailing our quarterly results has been posted on the website, along with the prepared remarks for this call.
Today's discussion contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include statements regarding our future financial and operating performance and our business model, as well as trends and expectations in our business, customers, market, industry products and regulatory and other matters. These statements are based on our current assumptions, and we assume no obligation to update these statements. Please refer to our most recent financial reports on Form 10-K, Forms 10-Q and
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HONG KONG, June 25, 2026 (GLOBE NEWSWIRE) -- Guest Supply today announced a licensing agreement with RODA to manufacture and distribute RODA-branded skincare and personal care products across Asia Pacific for the hotel sector.
The agreement combines Guest Supply’s hospitality manufacturing, distribution and service capabilities with RODA’s clinically formulated approach to skin and hair care. Created in Barcelona, RODA develops products with sensitive skin in mind and designs its formulas to be suitable for all skin types.
RODA combines natural active ingredients with advanced research, technology and a sustainability-led approach. Its development model draws on ingredient analysis, scientific literature and product-review insights, supporting exclusive formulas created in-house with pharmacists and dermatological experts.
“RODA brings a distinctive, clinically formulated skincare proposition grounded in innovation, which will resonate with hotels looking to elevate the in-room experience,” said Gustaf Lantz, senior vice president, EMEA and APAC regions, Guest Supply. “Through Gilchrist & Soames’ manufacturing and quality expertise and Guest Supply’s distribution capabilities across Asia Pacific, we can ensure brand integrity, reliable availability and make it easier for hotels to deliver a premium, performance-led amenity program at scale.”
Under the agreement, Guest Supply will align RODA collections to hospitality operating requirements while maintaining brand standards. This includes quality assurance, scalable supply and simplified ordering for hotel partners through Guest Supply’s established supply chain.
RODA is selectively distributed globally through dermatology clinics, concept stores and select hotels. Through this APAC licensing partnership, Guest Supply will expand access for hospitality customers across the region.
About Guest Supply
With more than 40 years of experience, Guest Supply is a leader in hospitality supplies, serving major hotel chains and independent properties. As part of Sysco Corporation, it provides product development, manufacturing, distribution and service support.
About RODA
RODA is a Barcelona-based dermatological beauty brand inspired by the Mediterranean lifestyle and built on a data-driven approach to formulation. The brand combines natural active ingredients with advanced research to deliver effective, vegan and sustainability-minded skincare and haircare.
On June 24, 2026, Southwest Airlines Co LUV shares rose 3.1% today, bringing the current price to $50.94. This price is set against a 52-week high of $55.11 and a low of $28.98, reflecting a remarkable performance over the past year.
GF Value™ verdict: Current price of $50.94 is 23.6% over GF Value™ of $41.23.GF Score™: 82/100 (Strong), indicating a healthy stock with potential for long-term returns.Most notable signal: No insider buying has been reported in the last 3 months, suggesting cautious sentiment among insiders. Is LUV Overvalued or Undervalued? The current market price of Southwest Airlines Co LUV at $50.94 indicates that the stock is trading above its GF Value™ of $41.23, marking it as 23.6% overvalued. This overvaluation suggests a potential risk for current investors, as the stock may not offer a sufficient margin of safety for new purchases at this price point. The GF Valuation label categorizes the stock as modestly overvalued, reinforcing the notion that investors may need to be cautious about entering or holding positions at this valuation.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the overvaluation, there could be a downward correction if the market adjusts its expectations or if the financial performance does not meet investor forecasts.
How Does LUV's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 32.9x 40.1x Forward P/E 18.2x N/A Southwest Airlines' current P/E (TTM) ratio of 32.9x is significantly lower than its 5-year median P/E of 40.1x, which indicates that the stock is trading below its historical valuation levels. However, with the forward P/E at 18.2x, this suggests that the market anticipates improved earnings in the future. Overall, the P/E analysis shows a mixed picture that somewhat disagrees with the GF Value™ verdict, indicating that while the stock may be overvalued based on current price, there is potential for future growth that could justify a higher valuation.
What Does LUV's GF Score™ Tell Us? Metric Rating GF Score™ 82/100 Financial Strength 6/10 Profitability 7/10 Growth 7/10 Valuation 6/10 Momentum 8/10 The GF Score™ of 82/100 reflects a strong overall position for Southwest Airlines, particularly in terms of momentum, where it scored 8/10. However, its financial strength rating of 6/10 suggests some concerns regarding its stability. The profitability and growth rankings of 7/10 indicate that the company is generating decent returns and has growth potential, although the valuation rank of 6/10 points to the need for caution given the current overvaluation. Overall, the combination of scores suggests that while LUV has strong momentum and profitability, its current valuation may pose a risk.
What Are Insiders Doing with LUV Stock? Over the last three months, there has been no reported insider buying or selling activity for Southwest Airlines Co. This lack of insider activity could signal a neutral sentiment among executives regarding the stock's future potential. Insiders often have valuable insights into their companies, and their willingness to buy or sell shares can indicate confidence or lack thereof in the company's future performance.
What This Means for Investors Based on the GF Value™ analysis, Southwest Airlines Co LUV is currently overvalued with a price of $50.94 compared to the GF Value™ of $41.23. Investors should be cautious as the stock may face downward pressure if market conditions or company performance do not align with current valuations.
For the complete analysis, visit the Southwest Airlines Co LUV stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is LUV's GF Score™?
LUV's GF Score™ is 82/100, indicating a strong stock that has the potential for higher long-term returns based on backtested data.
Is LUV overvalued or undervalued?
LUV is currently overvalued, with a GF Value™ of $41.23 compared to the market price of $50.94, suggesting caution for potential investors.
What is LUV's P/E ratio?
LUV's P/E (TTM) ratio is 32.9x, which is below its 5-year median of 40.1x, indicating that while the stock is currently overvalued, it is trading at a lower multiple compared to its historical average.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
