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Synopsys, Inc. is positioned for durable, multi-generational growth as chip complexity and AI adoption accelerate demand for EDA and Design IP solutions. Advancements like Multiphysics Fusion, GPU-accelerated EDA, and a sharpened IP portfolio post-processor IP divestiture underpin margin expansion and top-line growth. Cost and revenue synergies from the Ansys acquisition, alongside a strengthening balance sheet, support sustained margin improvement and operational leverage. Live financial news intelligence
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2026-06-24 16:47
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Synopsys: EDA And IP Positioned For A Multi-Generational Growth Cycle | FMP Stock News | |
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2026-06-24 10:41
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Why Salesforce (CRM) is a Top Value Stock for the Long-Term | FMP Stock News | |
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Salesforce (CRM - Free Report) Salesforce is the leading provider of on-demand Customer Relationship Management (CRM - Free Report) software, which enables organizations to better manage critical operations, such as sales force automation, customer service and support, marketing automation, document management, analytics and custom application development. Its offerings are delivered on the Agentforce 360 Platform, which connects customer data with integrated AI across systems, apps and devices. CRM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 10.87; value investors should take notice. For fiscal 2027, 17 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.97 to $14.12 per share. CRM boasts an average earnings surprise of +17.3%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, CRM should be on investors' short list. |
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2026-06-24 16:46
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2026-06-24 10:11
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Gardner White Selects DataXstream OMS+ to Streamline Sales and Order Management on SAP S/4HANA Public Cloud | FMP Stock News | |
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-Leading furniture retailer chooses SAP-native sales execution platform to enable scalable growth WILLIAMSBURG, Va.--(BUSINESS WIRE)--DataXstream, an award-winning SAP Endorsed App Partner focused on complex sales and order management, announced that Gardner White, a Michigan-based, family-owned retailer with more than 100 years of history, has selected OMS+ to support its sales and order management operations as part of its SAP S/4 HANA Public Cloud transformation. "Gardner White operates one of the most sophisticated retail selling models in the industry. Most order management systems simply aren't built to handle this. OMS+ is." — Sean Mitchell, Sr VP of Sales, DataXstream Share As part of its digital transformation journey, Gardner White was exploring a modern, mobile and intuitive sales order management tool that enhances its customer experience and supports scalable rapid growth. Gardner White turned to DataXstream and has selected OMS+, an SAP-native sales execution platform that is purpose-built for complex, high-touch selling environments. OMS+ operates directly within SAP S/4 HANA Public Cloud and will enable Gardner White to unify sales, order management, pricing, inventory visibility and fulfillments onto a single, real-time platform, without introducing additional systems or data silos. “Gardner White operates one of the most sophisticated retail selling models in the industry. Most order management systems simply aren’t built to handle this. OMS+ is,” said Sean Mitchell, Sr VP of Sales for DataXstream. “We're proud to partner with their team and give their associates the tools they need to deliver an exceptional customer experience from first conversation to final delivery.” About DataXstream DataXstream is an SAP® Endorsed App Partner dedicated to building solutions on emerging technologies that maximize the ROI of our customers’ SAP® infrastructure. As members of the SAP® marketplace, DataXstream’s products, including OMS+ and OMS+ Cloud, are available in the SAP® Store. OMS+ revolutionizes the sales and customer buying experience by empowering organizations with intelligent, flexible, and future-ready order management solutions. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. More News From DataXstream Back to Newsroom |
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2026-06-24 16:46
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2026-06-24 09:29
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Edison Issues Report on Alter Ego Media (AEM) | FMP Stock News | |
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London, United Kingdom--(Newsfile Corp. - June 24, 2026) - Edison issues report on Alter Ego Media (ATH: AEM).Alter Ego Media (AEM) owns a portfolio of leading media and entertainment assets in Greece. Management's strategy is to evolve the group from a traditional advertising-dependent media company into a broader media and entertainment business with more diverse and resilient revenue streams, while delivering operational efficiencies. The relatively underdeveloped nature of the Greek media and entertainment sectors, following a prolonged period of economic disruption, together with a supportive macroeconomic backdrop, provides opportunities to grow market share and drive the evolution of the industries. A conservative balance sheet, with no financial debt except operating leases, provides plenty of flexibility in its capital allocation, which already includes shareholder returns in the form of an annual dividend, with a scrip alternative, and a share buyback programme. Click here to read the full report. All reports published by Edison are available to download free of charge from its website www.edisongroup.com Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. Connect with Edison on: LinkedIn www.linkedin.com/company/edison-group-/ X www.x.com/edison_inv_res YouTube www.youtube.com/edisonitv To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302671 Source: Edison Group |
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2026-06-24 16:46
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2026-06-24 10:50
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Why Stanley Black & Decker (SWK) is a Top Momentum Stock for the Long-Term | FMP Stock News | |
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Stanley Black & Decker (SWK - Free Report) Headquartered in New Britain, CT, Stanley Black & Decker, Inc. manufactures and provides tools (power and hand tools) and related accessories, engineered fastening systems, and several other items and services. SWK is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Industrial Products stock. SWK has a Momentum Style Score of B, and shares are up 6.2% over the past four weeks. For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $5.35 per share. SWK boasts an average earnings surprise of +61.6%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SWK should be on investors' short list. |
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2026-06-24 16:45
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2026-06-24 10:00
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NextEra Energy, Inc. (NEE) is Attracting Investor Attention: Here is What You Should Know | FMP Stock News | |
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NextEra Energy (NEE - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this parent company of Florida Power & Light Co. have returned -1.4% over the past month versus the Zacks S&P 500 composite's -1.3% change. The Zacks Utility - Electric Power industry, to which NextEra belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, NextEra is expected to post earnings of $1.13 per share, indicating a change of +7.6% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. For the current fiscal year, the consensus earnings estimate of $4.01 points to a change of +8.1% from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fiscal year, the consensus earnings estimate of $4.37 indicates a change of +8.8% from what NextEra is expected to report a year ago. Over the past month, the estimate has remained unchanged. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for NextEra. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. For NextEra, the consensus sales estimate for the current quarter of $7.97 billion indicates a year-over-year change of +19%. For the current and next fiscal years, $31.89 billion and $34.74 billion estimates indicate +16.3% and +8.9% changes, respectively. Last Reported Results and Surprise HistoryNextEra reported revenues of $6.7 billion in the last reported quarter, representing a year-over-year change of +7.3%. EPS of $1.09 for the same period compares with $0.99 a year ago. Compared to the Zacks Consensus Estimate of $7.21 billion, the reported revenues represent a surprise of -7.01%. The EPS surprise was +11.22%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates times over this period. ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. NextEra is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about NextEra. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. |
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2026-06-24 10:16
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Can NextEra Energy's Strategic Investments Fuel Long-Term Growth? | FMP Stock News | |
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Key Takeaways NextEra Energy is supported by stable regulated utility operations and a leading renewable platform.NEE plans more than $94.1B in capital investments through 2030 to expand generation and grid assets.NextEra Energy's ROE tops the industry average, and its shares have outperformed over six months. NextEra Energy Inc. (NEE - Free Report) is an attractive long-term utility investment, supported by its combination of stable regulated utility operations and a leading renewable energy platform. Its Florida Power & Light (“FPL”) unit generates predictable earnings, while NextEra Energy Resources drives growth through the extensive wind, solar and energy storage portfolio. This diversified business model balances earnings stability with strong long-term growth opportunities.A cornerstone of NextEra Energy's growth strategy is its planned capital investment of more than $94.1 billion through 2030. At FPL, these investments will expand generation capacity, upgrade grid infrastructure and improve reliability to meet rising electricity demand in Florida. The resulting growth in the regulated rate base is expected to support steady earnings and cash flow expansion. At NextEra Energy Resources, capital spending will accelerate the development of renewable energy, battery storage and transmission assets. Growing power demand from data centers, AI applications and electrification trends, along with increasing corporate demand for clean energy, provides a strong foundation for growth. Overall, NextEra Energy's investment program strengthens both regulated utility and renewable energy businesses, positioning it for sustained earnings growth and expanding asset base. With a disciplined capital allocation strategy, NextEra Energy appears well-positioned to deliver sustainable shareholder value through consistent earnings growth and dividend expansion over the long term. Capital Investments: A Key Growth Engine for UtilitiesCapital expenditures support long-term utility growth by expanding generation assets, upgrading grid infrastructure and enhancing reliability. These investments grow the regulated rate base, improve operational efficiency and boost earnings. Duke Energy's (DUK - Free Report) outlook is supported by its regulated utility operations and robust capital investment plan of $103 billion in the 2026-2030 period. Investments in grid modernization, renewable energy and transmission infrastructure are expected to expand Duke Energy's operation and drive consistent earnings. The Southern Company (SO - Free Report) benefits from a strategic capital spending program. The $78.1 billion Investments through 2030 in grid upgrades, generation capacity and clean energy projects are expected to grow Southern Company’s rate base and enhance the reliability of its services. NextEra Energy’s Earnings Estimates Moving NorthThe Zacks Consensus Estimate for NEE’s 2026 and 2027 earnings per share indicates a year-over-year increase of 8.09% and 8.84%, respectively. Image Source: Zacks Investment Research NEE Stock Returns Better Than Its IndustryReturn on equity (“ROE”) is a financial ratio that measures how well a company uses its shareholders’ equity to generate profits. The current ROE of the company indicates that it is using shareholders’ funds more efficiently than peers. NextEra Energy’s trailing 12-month ROE is 12.25%, ahead of the industry average of 11.22%. Image Source: Zacks Investment Research NEE Price PerformanceShares of NextEra Energy have gained 7.4% in the past six months compared with the Zacks Utility - Electric Power industry’s rally of 7%. Image Source: Zacks Investment Research NEE’s Zacks RankNextEra Energy currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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3 Core Stocks to Buy at the Right Price | FMP Stock News | |
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Put these high-quality stocks on your watchlist. |
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2026-06-24 16:44
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2026-06-24 09:11
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POSCO Completes Korea's Largest EAF to Advance Green Steel | FMP Stock News | |
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Key Takeaways PKX completed a 2.5-million-ton EAF at Gwangyang Steelworks as part of its decarbonization roadmap. POSCO estimates the new EAF can reduce carbon emissions by up to 75% versus blast furnaces. PKX is developing Haptang technology to produce premium low-carbon steel products by 2030. POSCO Holdings Inc. (PKX - Free Report) is accelerating its transition toward low-carbon steelmaking with the completion of South Korea’s largest electric arc furnace (EAF) at its Gwangyang Steelworks. The newly completed facility represents a major milestone in the company’s decarbonization strategy and its long-term goal of achieving carbon neutrality by 2050. The new EAF has an annual production capacity of 2.5 million tons of steel and was built with an investment of approximately KRW 600 billion (roughly $397 million). Construction began in February 2024 and took more than two years to complete. The facility will now serve as a cornerstone of POSCO’s low-carbon steel production system. Unlike traditional blast furnaces that depend on iron ore and coking coal, EAFs mainly use recycled steel scrap, reducing energy use and emissions. POSCO estimates the Gwangyang EAF can cut carbon emissions by up to 75% versus conventional steelmaking. POSCO is going beyond scrap-based steelmaking by developing its proprietary “Haptang” (hot metal mixing) technology, which blends molten iron from blast furnaces with steel produced in electric arc furnaces. The process is designed to maintain the quality standards required for premium steel products while reducing carbon emissions. Through this hybrid approach, PKX aims to mass-produce high-value products, including automotive steel sheets and electrical steel, by 2030. The EAF project forms part of POSCO’s broader decarbonization roadmap. The company views electric arc furnace technology as an important intermediate step toward its next-generation HyREX hydrogen-reduction steelmaking process, which is expected to play a central role in its long-term carbon-neutral production system. POSCO ultimately plans to transition from coal-based steelmaking toward hydrogen-based ironmaking and establish a fully decarbonized production structure by 2050. Per POSCO, the completion of the Gwangyang EAF represents a key milestone in advancing low-carbon steel production and reflects POSCO’s commitment to a decarbonized manufacturing model. The company noted that the facility will help meet rising global demand for sustainable steel products while enhancing its competitive position in the transition to a low-carbon economy. Shares of PKX have gained 8.5% in the past year against the industry’s 2.4% decline. Image Source: Zacks Investment Research PKX Zacks Rank & Other Key PicksPKX currently carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the Conglomerates space include 3M Company (MMM - Free Report) , Marubeni Corporation (MARUY - Free Report) and Griffon Corporation (GFF - Free Report) . ITT, MARUY and GFF carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for MMM’s current-year earnings is pegged at $8.71 per share, indicating an 8.1% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 4.6%. The Zacks Consensus Estimate for MARUY’s current-year earnings is pegged at $23.86 per share, indicating an 8.8% year-over-year decrease. Shares of MARUY have gained 48.7% over the past year. The Zacks Consensus Estimate for GFF’s current fiscal-year earnings is pegged at $5.17 per share. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 3.3%. |
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General Mills Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | FMP Stock News | |
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General Mills, Inc. (NYSE:GIS) will release its fourth quarter earnings report after the closing bell on Wednesday, July 1.Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings of 80 cents per share, up from 74 cents per share in the year-ago period. The consensus estimate for General Mills’ quarterly revenue is $4.6 billion. It reported $4.56 billion last year, according to Benzinga Pro. On June 1, General Mills announced that it has agreed to sell its Häagen-dazs shops in Mainland China to an investor group for an undisclosed amount. General Mills shares gained 3.3% to close at $34.43 on Tuesday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period. Considering buying GIS stock? Here’s what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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General Mills (GIS) Earnings Expected to Grow: Should You Buy? | FMP Stock News | |
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Wall Street expects a year-over-year increase in earnings on higher revenues when General Mills (GIS - Free Report) reports results for the quarter ended May 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 1. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus EstimateThis maker of Cheerios cereal, Yoplait yogurt and other packaged foods is expected to post quarterly earnings of $0.82 per share in its upcoming report, which represents a year-over-year change of +10.8%. Revenues are expected to be $4.6 billion, up 1% from the year-ago quarter. Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.46% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for General Mills?For General Mills, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.21%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that General Mills will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that General Mills would post earnings of $0.74 per share when it actually produced earnings of $0.64, delivering a surprise of -13.51%. Over the last four quarters, the company has beaten consensus EPS estimates three times. Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. General Mills doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. |
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Is Most-Watched Stock Sony Corporation (SONY) Worth Betting on Now? | FMP Stock News | |
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Sony (SONY - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this electronics and media company have returned -11.4% over the past month versus the Zacks S&P 500 composite's -1.3% change. The Zacks Audio Video Production industry, to which Sony belongs, has lost 11.1% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Sony is expected to post earnings of $0.13 per share, indicating a change of -38.1% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. The consensus earnings estimate of $1.29 for the current fiscal year indicates a year-over-year change of +13.2%. This estimate has remained unchanged over the last 30 days. For the next fiscal year, the consensus earnings estimate of $1.4 indicates a change of +9.1% from what Sony is expected to report a year ago. Over the past month, the estimate has changed +0.7%. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Sony. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Sony, the consensus sales estimate for the current quarter of $17.99 billion indicates a year-over-year change of +4.3%. For the current and next fiscal years, $78.98 billion and $79.22 billion estimates indicate -4.7% and +0.3% changes, respectively. Last Reported Results and Surprise HistorySony reported revenues of $24.11 billion in the last reported quarter, representing a year-over-year change of -16.7%. EPS of $0.41 for the same period compares with $0.41 a year ago. Compared to the Zacks Consensus Estimate of $23.88 billion, the reported revenues represent a surprise of +0.98%. The EPS surprise was +24.24%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period. ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Sony is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Sony. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. |
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Stock Market Live June 24, 2026: S&P 500 (SPY) Attempting to Regain Momentum | FMP Stock News | |
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Live Coverage Updates appear automatically as they are published.Live Updates 3 hours ago Live Investors have spent much of this year riding a monster wave of AI momentum. Now, as all eyes turn to memory-chip maker Micron Technology, which is scheduled to report earnings after the closing bell, we’re left to wonder if there’s still more momentum ahead. Analysts expect sales of about $35 billion, well beyond the $9.3 billion reported in the same quarter last year. Adjusted EPS forecasts are around $20.57, a giant spike from the $1.91 per share in Q3 2025. Management’s commentary on demand trends, pricing, and future capacity will likely carry as much weight as the actual earnings figures. In particular, analysts will be looking for updates on high-bandwidth memory, or HBM. And, according to Rosenblatt, “We expect Micron to report a beat and raise as continued pricing increases, broadening AI demand, and constrained supply extend the memory upcycle. We believe demand remains strong enough to absorb higher pricing without meaningful demand destruction,” as quoted by MSN. 4 hours ago Live With pre-sales about to start for Grand Theft Auto VI, Take-Two Interactive (NASDAQ: TTWO | TTWO Price Prediction) has been pushing aggressively higher. Since bottoming out at $206 this month, shares of TTWO rallied to a recent high of $247.42 in anticipation of the long-awaited Grand Theft Auto VI game. Helping, analysts at BTIG just initiated a buy rating on the stock with a price target of $290 a share, noting that the stock is “firing on all cylinders,” as noted by CNBC. Futures are pushing higher this morning as markets attempt to recover from a sharp tech-fueled pullback. At the moment, the S&P 500 is up about 0.32%, or by 23 points. The SPDR S&P 500 ETF (SPY) is up by 0.43%, or by $3.14. The Dow is up by 0.08%, or by 45 points. The Nasdaq is up by 0.63%, or by 186 points. Oil is down by $2.11 at $71.10. The rebound follows two volatile trading sessions that raised fresh questions about the strength of the AI boom. Semiconductor stocks were hit particularly hard as investors took profits in some of the market’s biggest winners. Concerns about lofty valuations, interest-rate expectations, and geopolitical uncertainty didn’t do much to help either. Micron Earnings Out After the Closing Bell Now, all eyes are turning to memory-chip maker Micron Technology, which is scheduled to report earnings after the closing bell. Investors are viewing the report as an important test for the broader AI infrastructure trade. Strong results and optimistic guidance could help restore confidence in semiconductor shares following this week’s pullback, while any disappointment could trigger another round of selling across the sector. Ahead of the report, TD Cowen recently raised its price target on Micron to $1,500 from $660, with a buy rating. The firm cited strong demand for dynamic random-access memory (DRAM), which continues to outpace supply by a wide margin. Goldman Sachs did raise its price target on Micron to $900, but kept a neutral rating on the stock. The firm noted, “We believe investor positioning remains very bullish given the dramatic share price run-up and optimism around the potential impact of long-term customer agreements,” they wrote, as quoted by Barron’s. The firm expects “Micron’s earnings—currently boosted by surging demand for high-bandwidth memory (HBM) in artificial-intelligence hardware—to peak in fiscal 2027 at $138.86.” Fed Fears Aren’t Helping Much The market’s recent chaos has also been fueled by uncertainty surrounding Federal Reserve policy. Investors continue to debate whether the central bank will cut rates later this year. “BofA Global Research and Deutsche Bank expect the U.S. Federal Reserve to raise interest rates in 2026 due to economic resilience and a more hawkish stance under new Chair Kevin Warsh, marking a departure from their prior forecasts of steady rates,” as noted by Reuters. “BofA said it expects the U.S. central bank to raise rates by 25 basis points each in September, October, and December, making the most aggressive rate-hike bet among global brokerages.” Geopolitical developments remain another key focus. While concerns surrounding tensions in the Middle East have not disappeared, easing fears about major disruptions to global energy supplies have helped oil prices move lower in recent sessions. © Spencer Platt / Getty Images |
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Take-Two Interactive Stock Gets New Coverage on GTA Pre-Order News | FMP Stock News | |
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Shares of Take-Two Interactive Software, Inc (NASDAQ:TTWO), are 1.2% lower to trade at $240.32 this morning, pivoting lower despite the company announced pre-orders for its Grand Theft Auto VI game, priced at $79.99. Shortly after, BTIG initiated coverage with a "buy" rating and $290 price target, the analyst citing the game release and sustainable improvements.TTWO initially traded at its highest level since early January, but has since pivoted lower. The shares are now contending with both their year-to-date and year-over-year breakeven levels. Its worth noting that due to a 20% quarterly gain, Take-Two stock is sitting in "overbought" territory with a 14-day Relative Strength Index (RSI) of 72. Options traders are leaning bullish. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), Take-Two stock's 10-day call/put volume ratio of 7.33 ranks in the 92nd annual percentile. Echoing this, the stock's Schaeffer's put/call open interest ratio (SOIR) of 0.36, which ranks lowest possible percentile of readings from the past year. |
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2026-06-24 16:44
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2026-06-24 09:58
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Will Snowflake Reach $300 This Year? | FMP Stock News | |
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© Public Domain / WikimediaSnowflake (NYSE:SNOW | SNOW Price Prediction) has been one of 2026’s most violent round trips, plunging to $144.48 in April before ripping back above $230. The question on every shareholder’s mind is whether the AI data cloud narrative can carry shares to $300 this year. Our model says the path is real, but not quite there in 12 months. Our 24/7 Wall St. price target for Snowflake is $262.17, implying 13.78% upside from $230.41. We rate the stock a buy with high (90%) confidence. 24/7 Wall St. Price Target Summary Metric Value Current Price $230.41 24/7 Wall St. Price Target $262.17 Upside 13.78% Recommendation BUY Confidence Level 90% From $144 to $230: A Violent Recovery Snowflake is up 33.8% over the past month and 5.04% year to date, sitting 2% below its 52-week high of $284.99. The fuel was a blowout Q1 FY27 earnings report on May 27, 2026: revenue of $1.39 billion grew 33.5% YoY, beating estimates by 5.13%, while non-GAAP EPS of $0.39 beat by 21.95%. Management raised full-year product revenue guidance to $5.84 billion (31% growth) and lifted non-GAAP operating margin guidance to 13.5%. The deal flow is equally aggressive: a new $6 billion multi-year AWS collaboration, a deepened OpenAI partnership, the Natoma acquisition for AI agent infrastructure, and SAP integration now in general availability. The Case for $306 and Beyond Bulls have a clean story. RPO of $9.21 billion grew 38% YoY, net revenue retention sits at 126%, and 13,600+ accounts are now using Snowflake AI. CEO Sridhar Ramaswamy framed Q1 as “a clear inflection point” as Snowflake becomes “the control plane for the Agentic Enterprise.” Our bull case projects $306.45 by June 2027, a 33% gain. Wedbush, Morgan Stanley, and others sit in the $291.70 consensus with 9 Strong Buy and 35 Buy ratings. What Could Go Wrong The bear case is valuation. Snowflake trades at 15.6x trailing sales and 118x forward earnings while still posting GAAP losses (-$326 million operating loss in Q1). Insider activity skews to net selling across 101 recent transactions, and stock-based compensation remains elevated. Our bear case projects $215.46, a 6.49% decline. Counterpoint: the GAAP losses largely reflect SBC, and the consumption model that creates revenue variability is the same model producing $232.8 million in quarterly free cash flow. Snowflake Price Prediction 2026-2030 The 24/7 Wall St. price target of $262.17 says yes to buy but no to $300 in 12 months. Reaching $300 requires the bull scenario, which our model gives meaningful but not majority weight. T he setup looks constructive if Q2 product revenue lands above the $1.42 billion guide and AI account growth keeps compounding. The thesis weakens if NRR slips below 120% or operating margin guidance gets walked back. The risk/reward favors patient accumulation. Year 24/7 Wall St. Price Target 2026 $262 2027 $290 2028 $315 2029 $335 2030 $355 These projections assume Snowflake sustains 25%+ product revenue growth and continues margin expansion. Significant upside could come from agentic AI monetization; downside risk centers on consumption optimization by enterprise customers. |
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First Solar Accelerates Growth Through Capacity Expansion & Innovation | FMP Stock News | |
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FSLR expands manufacturing capacity and advances next-generation solar technology, but competitive pressures remain a key challenge. |
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3 Reasons to Buy the Dip on This Solar Stock | FMP Stock News | |
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SolarEdge Technologies Inc (NASDAQ:SEDG) stock has pivoted into the red today, down 1.8% to trade at $51.42 after opening the session higher. The alternative energy stock has taken a 32% haircut this month and is 36% off its May 29 two-year high of $81.25. The good news is that if past is precedent, the pullback could have historically bullish implications.According to Schaeffer's Senior Quantitative Analyst Rocky White, SEDG is trading within 0.75 times its 80-day moving average's 20-day average true range (ATR), after spending at least 80% of the previous two weeks and 80% of the prior 42 trading sessions above that trendline. This setup has appeared 10 times over the last decade, after which the stock was higher one month later 60% of the time, averaging a 13.4% gain. A move of similar magnitude would have SolarEdge back above $60. Despite an 80% year-to-date gain on the year, bearish bettors have piled on during the pullback, with short interest up 7.3% in the two most recent reporting periods. The 10.95 million shares sold short account for 18.2% of SEDG's total available float. A shift in sentiment among analysts could also fuel tailwinds. SEDG is up 175% in the last 12 months, yet 25 of the 26 brokerages covering the stock maintain "hold" or "strong sell" ratings. Plus, the equity's consensus 12-month price target of $40.87 is a 20.6% discount from its current perch. |
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2026-06-24 16:43
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2026-06-24 12:25
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Gilead Wins EC Approval to Expand Trodelvy's Label in Metastatic TNBC | FMP Stock News | |
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Key Takeaways Gilead won EC approval for Trodelvy in first-line metastatic TNBC for eligible adult patients.Trodelvy cut progression or death risk by 38% versus chemotherapy in the ASCENT-03 study.GILD is pursuing broader first-line TNBC approvals in Europe and the United States. Gilead Sciences, Inc. (GILD - Free Report) obtained approval from the European Commission (EC) for a label expansion of its breast cancer drug Trodelvy (sacituzumab govitecan-hziy).The EC granted marketing authorization to Trodelvy as monotherapy for the treatment of adult patients with unresectable or metastatic triple-negative breast cancer (TNBC) who have not received prior systemic therapy for metastatic disease and are not candidates for PD-1 or PD-L1 inhibitor therapy. Trodelvy is a first-in-class Trop-2-directed antibody-drug conjugate (ADC). It is already approved in several countries for second-line or later metastatic TNBC and in more than 50 countries for certain patients with pre-treated HR+/HER2- metastatic breast cancer. The latest approval makes Trodelvy the first ADC to be approved in first-line metastatic TNBC in the European Union and the first new treatment option in 20 Years in Europe for these patients. Gilead’s shares have gained 1.9% year to date compared with the industry's growth of 0.9%. Image Source: Zacks Investment Research More on Gilead’s TrodelvyThe EC’s marketing authorization is based on data from the late-stage ASCENT-03 study, which showed that Trodelvy delivered a statistically significant and clinically meaningful improvement in progression-free survival compared with standard-of-care chemotherapy when used as a first-line treatment. Trodelvy demonstrated a 38% reduced risk of disease progression or death in patients who are not candidates for PD-1/PD-L1 inhibitors. The ASCENT-03 study utilized a patient-centered crossover design, which allowed patients in the chemotherapy arm to receive Trodelvy after their disease progressed. Gilead has expanded its regulatory efforts for Trodelvy in the first-line metastatic TNBC setting. The company has submitted an application to the EMA seeking approval of Trodelvy in combination with Merck’s (MRK - Free Report) Keytruda (pembrolizumab) for patients with PD-L1-positive unresectable locally advanced or metastatic TNBC, supported by data from the phase III ASCENT-04 study. This application is currently under review. If approved, Trodelvy could become a backbone first-line treatment option for metastatic TNBC across PD-L1 status in Europe. In the United States, Gilead has also filed supplemental applications with the FDA for Trodelvy in the first-line treatment of unresectable locally advanced or metastatic TNBC. The filings seek approval of Trodelvy as a monotherapy for patients who are not eligible for PD-(L)1 inhibitor-based therapy and in combination with Keytruda or Keytruda Qlex for patients with PD-L1-expressing tumors (CPS ≥10), as determined by an FDA-authorized test. Trodelvy continues to gain market share in the second-line setting. Approval in additional indications will further boost sales. Trodelvy is currently being investigated in multiple ongoing phase III studies across different tumor types, including in small cell lung cancer and gynecologic cancers, where previous proof-of-concept studies have demonstrated clinical activity. However, earlier this month, Merck and Gilead Sciences announced the discontinuation of the phase III KEYNOTE-D46/EVOKE-03 study evaluating Trodelvy in combination with Keytruda as a first-line treatment for patients with metastatic non-small cell lung cancer (NSCLC) whose tumors express high levels of PD-L1 (TPS ≥50%). The open-label phase III study sponsored by Merck evaluated Trodelvy in combination with Keytruda versus Keytruda alone in this NSCLC patient population. The trial enrolled approximately 620 patients. The decision follows a recommendation from the external Data Monitoring Committee after reviewing the pre-specified final progression-free survival (PFS) analysis and an interim overall survival (OS) analysis. While the combination demonstrated a numerical improvement in PFS compared with Keytruda alone, the result did not achieve statistical significance. The committee concluded that the likelihood of demonstrating a statistically significant OS benefit at the final analysis was low. GILD’s Efforts to Diversify PortfolioGilead’s robust HIV franchise continues to maintain momentum, driven by the solid performance of Biktarvy and Descovy, and incremental contributions from Yeztugo. Simultaneously, GILD is looking to strengthen its oncology franchise. Gilead’s recent aggressive dealmaking strategy, including the acquisition of Arcellx and Tubulis, highlights the company’s commitment to diversifying beyond its core HIV franchise into higher-growth oncology and immunology markets. However, GILD lowered its full-year earnings outlook due to expected acquired IPR&D charges of $11.5 billion and financing expenses associated with the Arcellx, Ouro Medicines, and Tubulis GmbH deals. While these transactions strengthen Gilead’s long-term pipeline and growth potential, the sizable upfront payments and integration-related costs are pressuring near-term profitability. This, in turn, has prompted Gilead to lower its EPS guidance, raising investor concerns about margin pressure and the timeline required for these acquisitions to generate meaningful returns. GILD’s Zacks Rank and Stocks to ConsiderGilead currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the biotech sector are Liquidia Corporation (LQDA - Free Report) and Immunocore (IMCR - Free Report) , both currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Over the past 60 days, estimates for Liquidia’s 2026 earnings per share have risen from $1.50 to $2.97, while those for 2027 have increased from $2.91 to $4.81. LQDA’s shares have surged 114.7% year to date. Liquidia’s earnings beat estimates in three of the trailing four quarters and missed in one, with the average surprise being 54.40%. Over the past 60 days, 2026 loss per share estimates for Immunocore have narrowed from 97 cents to 16 cents, while 2027 estimates have improved from a loss of 39 cents to earnings of 11 cents per share. Immunocore’s earnings beat estimates in three of the trailing four quarters and missed in one, with the average surprise being 46.66%. |
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2026-06-24 16:43
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2026-06-24 11:42
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60 With $800,000. Here Are the 4 Yield Machines To Buy | FMP Stock News | |
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© jittawit21 / Shutterstock.comAt 60 with $800,000, I want yield without sleepless nights. Capital costs are climbing again, which squeezes any dividend payer that leans on debt markets. I’m running a margin-of-safety check on four high yielders: Verizon, Altria, Realty Income, and Enterprise Products Partners. The Four Yield Machines at a Glance Stock Yield Payout vs EPS Streak VZ 6.09% ~57% (guide) 18+ yrs MO 6.08% ~76% 60th hike in 56 yrs O 5.34% ~73% of AFFO 30+ yrs (Aristocrat) EPD 6.00% ~50% of DCF 27 yrs Verizon: The Turnaround Pays Me to Wait Verizon (NYSE:VZ | VZ Price Prediction) pays $2.83 annualized at a 6.09% yield. FY2026 free cash flow guidance of $21.5B+ comfortably covers the dividend, and the adjusted EPS guide of $4.95 to $4.99 implies a payout near 57%. Post-Frontier debt of $172.5B looks heavy, but net unsecured leverage at 2.6x is manageable. CEO Dan Schulman says the turnaround “is not only progressing, it is gaining momentum.” Safe. Altria: Volumes Sliding, Cash Still Gushing Altria (NYSE:MO) yields 6.08% on a $4.20 dividend. FY2025 adjusted EPS of $5.42 against roughly $4.16 paid puts the payout near 77%, and the 2026 guide of $5.56 to $5.72 keeps room. Negative equity of -$3.21B is a buyback artifact, not a solvency flag. The real risk is the ~10% cigarette volume decline in 2025. Billy Gifford noted Altria “returned $8 billion to shareholders through dividends and share repurchases combined.” Safe, with a yellow light on volumes. Realty Income: The Monthly Check Keeps Coming Realty Income (NYSE:O) pays $3.246 annualized monthly and yields 5.34%. FY2026 AFFO/share guidance of $4.41 to $4.44 covers the payout near 73%. Net Debt/EBITDAre of 5.2x is normal for a net lease REIT, occupancy is 98.9%, and Sumit Roy says new private capital JVs “allow us to grow with deep and stable pockets of capital.” With 114 consecutive quarterly increases, this is very safe. Enterprise Products: 2x Coverage Is My Favorite Number Enterprise Products Partners (NYSE:EPD) distributes $2.20 annualized for a 6.00% yield. Q1 2026 DCF of $2.7B easily covered the distribution and let EPD retain $1.5B for growth. Jim Teague said the quarter “supported a 2.8 percent increase in our cash distribution rate to common unitholders.” Debt of $34.2B is investment grade, and adjusted EBITDA rose 10%. Very safe. My Verdict: All Four Earn a Slot Dividend Safety Ratings: EPD and Realty Income, Very Safe. Verizon, Safe. Altria, Safe with watch flags. I’d be comfortable splitting income across all four if I want a blended yield near 6% with diversified cash flow drivers. I’d get cautious if rates spike further (REIT pressure), if Marlboro share losses accelerate, or if Verizon’s Frontier integration stumbles. For an $800,000 income sleeve today, this quartet clears my margin-of-safety bar. |
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2026-06-24 16:43
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2026-06-24 09:11
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Can CF Industries Protect Margins Amid Input Cost Pressure? | FMP Stock News | |
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Key Takeaways CF benefits from healthy nitrogen fertilizer demand in key markets and higher pricing.CF's natural gas cost rose to $4.57/MMBtu in Q1, increasing the cost of sales.EPS estimates for CF's 2026 and 2027 have trended higher over the past 60 days. CF Industries Holdings, Inc. (CF - Free Report) is benefiting from healthy nitrogen fertilizer demand in major markets and higher prices. It, however, remains hamstrung by headwinds from higher costs stemming from an uptick in natural gas prices.Higher prices of natural gas, a key feedstock for nitrogen fertilizer, have resulted in increased production costs for CF. It saw a notable rise in natural gas costs during 2025. The average cost of natural gas increased to $3.31 per MMBtu (million metric British thermal unit) in 2025 from $2.40 per MMBtu a year ago. The same for first-quarter 2026 increased to $4.57 per MMBtu from $3.68 per MMBtu a year ago, leading to a higher cost of sales. Natural gas prices have shot up in Europe and Asia due to constrained supply availability. Higher gas costs are expected to weigh on CF’s margins. Among its peers, Nutrien Ltd. (NTR - Free Report) remains exposed to a volatile input cost environment amid supply tightness. Nutrien uses sulfur, ammonia and natural gas as key inputs. NTR saw higher sulfur input costs in the first quarter, leading to a higher cost of goods sold per ton in the phosphate businesses, hurting margins. It expects further pressure on phosphate margins in the second quarter, resulting from higher sulfur and ammonia costs. The Mosaic Company (MOS - Free Report) is also buffeted by higher costs of inputs. Mosaic uses sulfur and ammonia as key inputs for the production of phosphate. It witnessed a sharp increase in sulfur price since late 2025, which weighed on phosphate margins in the first quarter. MOS expects an additional impact of the sulfur price inflation on the cost of goods sold in the second quarter. CF’s Price Performance, Valuation & EstimatesCF Industries has gained 11.7% in the past year compared with the Zacks Fertilizers industry’s decline of 5.2%. Image Source: Zacks Investment Research From a valuation standpoint, CF is currently trading at a forward 12-month earnings multiple of 7.15, a 34.1% discount relative to the industry average of 10.85X. It carries a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for CF’s 2026 and 2027 earnings implies a year-over-year rise of 83.1% and a decline of 34.9%, respectively. The EPS estimates for 2026 and 2027 have been trending higher over the past 60 days. Image Source: Zacks Investment Research |
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2026-06-24 10:36
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AbbVie Gets EU Nod for Skyrizi in Pediatric Plaque Psoriasis | FMP Stock News | |
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Key Takeaways AbbVie gets EU approval for Skyrizi in children aged six and older with moderate-to-severe plaque psoriasis.Skyrizi's approval includes a new 55 mg pre-filled syringe for patients weighing under 40 kg.EU clears Maviret in acute HCV, making it the only treatment cleared for acute & chronic HCV in the region. AbbVie (ABBV - Free Report) announced that the European Commission (EC) has approved its blockbuster immunology drug, Skyrizi (risankizumab), for treating children and adolescents aged six years and above with moderate-to-severe plaque psoriasis who are candidates for systemic therapy.The latest approval in the EU includes a new 55 mg pre-filled syringe designed for patients who weigh less than 40 kg, helping ensure appropriate dosing based on body weight. The approval was based on data from the phase III OptIMMize-1 pediatric psoriasis program, which included data from two lead-in pharmacokinetic cohorts as well as data from the phase III OptIMMize-2 open-label extension study. Skyrizi is currently approved for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, Crohn's disease and ulcerative colitis, both in the United States and in Europe. Skyrizi remains a key growth driver for AbbVie. Sales of the drug soared 29.2% year over year on an operational basis to $4.48 billion in the first quarter of 2026, accounting for nearly 30% of the company’s total revenues. The drug is seeing strong performance across all its approved indications. ABBV’s Price PerformanceYear to date, shares of AbbVie have risen 4.4% compared with the industry’s growth of 4.5%. Image Source: Zacks Investment Research ABBV Wins EU Nod for Maviret in Acute HCVIn a separate press release, AbbVie announced that the European Commission has approved Maviret (glecaprevir/pibrentasvir) for the treatment of acute hepatitis C virus (HCV) infection with compensated liver disease (with or without cirrhosis) in adults and children aged three years and above. Following the latest nod, Maviret became the only treatment to be approved for both acute and chronic HCV infection in the European Union. The broader indication could simplify treatment decisions and support ongoing efforts to eliminate HCV across the region. The latest nod was based on data from the phase III study, which demonstrated Maviret to be a highly efficacious treatment for patients with acute HCV infection. Maviret is approved in the United States under the trade name Mavyret for the treatment of acute and chronic HCV infection in adults and children aged three years and older. Mavyret sales increased 8.6% on an operational basis year over year to $351 million in the first quarter of 2026. ABBV’s Zacks Rank & Stocks to ConsiderAbbVie currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the biotech sector are Kiniksa Pharmaceuticals (KNSA - Free Report) , Immunocore (IMCR - Free Report) and Liquidia Corporation (LQDA - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Over the past 60 days, estimates for Kiniksa Pharmaceuticals’ 2026 EPS have increased from $1.09 to $1.24. Over the same period, EPS estimates for 2027 have risen from $1.54 to $1.70. KNSA shares have surged 44.2% year to date. Kiniksa Pharmaceuticals’ earnings beat estimates in two of the trailing four quarters and missed in the remaining two quarters, with the average surprise being 1.53%. Over the past 60 days, estimates for Immunocore’s 2026 bottom line have improved from a loss of 88 cents per share to earnings of 6 cents. Over the same period, EPS estimates for 2027 have risen from 24 cents to 87 cents. IMCR stock has lost 15.8% year to date. Immunocore’s earnings beat estimates in three of the trailing four quarters, while missing the same on the remaining occasion, with the average surprise being 46.66%. Over the past 60 days, estimates for Liquidia’s 2026 earnings per share have risen from $1.50 to $2.97, while estimates for 2027 have increased from $2.91 to $4.81 during the same time. LQDA shares have surged 114.7% year to date. Liquidia’s earnings beat estimates in three of the trailing four quarters, while missing the same on the remaining occasion, with the average surprise being 54.40%. |
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Why SSR Mining (SSRM) is a Top Growth Stock for the Long-Term | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: SSR Mining (SSRM - Free Report) SSR Mining Inc. is a precious metals miner engaged in the operation, acquisition, exploration and development of gold and silver assets across four key jurisdictions: the United States, Türkiye, Canada and Argentina. Incorporated in British Columbia in 2005, the company is headquartered in Denver, Colorado. Its portfolio is anchored in several of the world’s most prolific mineral belts. These include the Çöpler mine along the Tethyan Metallogenic Belt in Türkiye; the Marigold mine situated on Nevada’s Battle Mountain–Eureka trend; the Cripple Creek & Victor (CC&V) mine in Colorado’s historic Cripple Creek Mining District; the Seabee operation along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna operation positioned within the Bolivian silver belt in Jujuy, Argentina. SSRM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. Additionally, the company could be a top pick for growth investors. SSRM has a Growth Style Score of A, forecasting year-over-year earnings growth of 123.9% for the current fiscal year. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.58 to $4.50 per share. SSRM boasts an average earnings surprise of +54%. With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SSRM should be on investors' short list. |
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Why W.W. Grainger (GWW) is a Top Momentum Stock for the Long-Term | FMP Stock News | |
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: W.W. Grainger (GWW - Free Report) Incorporated in 1928, IL-based W.W. Grainger Inc. is a broad line, business-to-business distributor of maintenance, repair and operating (MRO) products and services. Its operations are primarily in North America, Japan and the U.K. Its customers represent a wide array of industries including government, manufacturing, transportation, commercial and contractors. Its products include material-handling equipment, safety and security supplies, lighting and electrical products, power and hand tools, pumps and plumbing supplies, cleaning and maintenance supplies, and metalworking tools. GWW is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Industrial Products stock. GWW has a Momentum Style Score of A, and shares are up 5.7% over the past four weeks. Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $1.78 to $45.39 per share. GWW also boasts an average earnings surprise of +4.2%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GWW should be on investors' short list. |
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Duke Energy expands access to local history and civic learning across North Carolina through America250 grants | FMP Stock News | |
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, /PRNewswire/ -- As part of the final round of grants through the Duke Energy Foundation's America250 initiative, $186,100 is being distributed to 16 nonprofit organizations across North Carolina that are bringing the nation's 250th anniversary to life through local stories, public art, oral histories and community programming.Why it matters: The grants back hometown projects across more than 20 North Carolina counties – bringing history to life through museum exhibits, public art, oral histories and student field trips. Dig in: From immersive exhibits and student access programs in Charlotte and Winston-Salem to a statewide rural storytelling tour led by PBS North Carolina and community-driven projects along the coast, these efforts help more North Carolinians connect with the people, places and stories that shaped the country. Our view – Kendal Bowman, Duke Energy's North Carolina president: "North Carolina's story is woven into America's story – from the pivotal moments at Kings Mountain and the Battle of Guilford Courthouse to the bold declarations of independence in Halifax and Mecklenburg, and the small-town main streets that built this state. These grants give communities the chance to tell their own piece of that 250-year story in ways that bring people together, spark curiosity in the next generation and remind us that history doesn't just live in textbooks – it lives right here, in our towns and neighborhoods." Where the funding is going: Western N.C. Friends of Lake James State Park: Expanding the free Overmountain Victory Trail Annual March Celebration with Native American stories, traditional music, living-history demonstrations and a StoryWalk® for families across seven mountain counties. Transylvania Heritage Museum: Mounting Let Freedom Ring, a six-month exhibit and program series exploring Revolutionary-era Appalachia through Patriot soldiers, an Enslaved African Provision Garden and a Cherokee Medicine Wheel. Tryon Arts & Crafts School: Digitizing 200+ Foothills heritage artifacts, hosting the Hearth & Anvil culinary challenge and curating two museum-grade exhibitions celebrating multigenerational mountain craft. Piedmont & Charlotte region Charlotte Museum of History: Hosting American Revolution, Augmented – the East Coast's first major semiquincentennial exhibition, with 23 interactive 3D and VR experiences expected to reach 150,000 visitors from five states. Lincoln County Historical Association: Building a 1,200-square-foot multimedia museum display tracing Lincoln County from the Catawba people and 1779 through the formation of Lake Norman, with portable mini-exhibits for schools. Stanly County Arts Council: Producing a traveling 8'-by-20' mosaic mural – 950 hand-painted tiles by Stanly County residents – that will tour all 10 municipalities before its permanent installation. Soil Conservation Society of America, N.C. Chapter: Revitalizing the Anson County homeplace of Hugh Hammond Bennett – the "Father of Soil Conservation" – with interpretive signage, historical markers and a native pollinator demonstration garden. Old Salem Inc.: Underwriting admission and bus transportation so 1,175 Winston-Salem/Forsyth County Title I students can experience pre-Revolutionary life inside a National Historic Landmark district. Triangle & Central N.C. Alliance for Historic Hillsborough: Completing Phase II of Telling the Full Story, an interactive digital map paired with oral histories that surface the Black and Indigenous voices that helped shape one of N.C.'s oldest towns. Friends of the City of Raleigh Museum: Launching Patterns of Belonging, a year-long exhibit featuring journals, murals and recorded reflections from Raleigh Parks' English Language Learners on what America means to them. Durham Center for Senior Life: Producing Preserving Memories, a 10-panel oral history exhibit with QR-linked audio that elevates Durham's older adults as the community's memory-keepers. Clayton Historical Association: Hosting Clayton Area History Day with reenactors, blacksmiths, period musicians and Colonial-era demonstrations that connect Johnston and Wake counties to the Revolutionary story. Heritage Quilters Giving Circle: Creating Stitching the People's History, a series of portrait quilts and essays honoring change leaders in Warren and Vance counties – from Congresswoman Eva Clayton to civil rights organizer Ella Baker. Coast & Eastern N.C. Tryon Palace Foundation: Transforming a New Bern lot into Wilson Park, a landscaped green space anchored by a 16-foot sculpture by N.C. artists telling the stories of New Bern's free and enslaved African American artisan class. WWII Wilmington Home Front Heritage Coalition: Delivering public history programs in America's first WWII Heritage City – honoring shipyard workers, Coast Guard history, women's wartime contributions and local Medal of Honor recipients. Statewide NC Public Television Foundation: Bringing PBS NC's Homegrown History series into two rural communities for free documentary screenings, moderated dialogue and a story-submission portal that adds local voices to the national archive. Big picture: These grants represent the second round of funding under the Duke Energy Foundation's America250 initiative, a more than $1 million investment in community‑driven projects across the company's six states to recognize America's 250th anniversary. Duke Energy Foundation Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders. Duke Energy Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky. Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs. More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities. Contact: Madison McDonald 24-Hour: 800.559.3853 SOURCE Duke Energy |
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Here is What to Know Beyond Why Duke Energy Corporation (DUK) is a Trending Stock | FMP Stock News | |
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Duke Energy (DUK - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this electric utility have returned +0.1% over the past month versus the Zacks S&P 500 composite's -1.3% change. The Zacks Utility - Electric Power industry, to which Duke Energy belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Duke Energy is expected to post earnings of $1.33 per share for the current quarter, representing a year-over-year change of +6.4%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. For the current fiscal year, the consensus earnings estimate of $6.71 points to a change of +6.3% from the prior year. Over the last 30 days, this estimate has remained unchanged. For the next fiscal year, the consensus earnings estimate of $7.14 indicates a change of +6.5% from what Duke Energy is expected to report a year ago. Over the past month, the estimate has remained unchanged. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Duke Energy is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. In the case of Duke Energy, the consensus sales estimate of $7.7 billion for the current quarter points to a year-over-year change of +2.6%. The $33.66 billion and $35.49 billion estimates for the current and next fiscal years indicate changes of +4.4% and +5.4%, respectively. Last Reported Results and Surprise HistoryDuke Energy reported revenues of $9.18 billion in the last reported quarter, representing a year-over-year change of +11.3%. EPS of $1.93 for the same period compares with $1.76 a year ago. Compared to the Zacks Consensus Estimate of $8.42 billion, the reported revenues represent a surprise of +8.97%. The EPS surprise was +7.82%. Over the last four quarters, Duke Energy surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period. ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Duke Energy is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade. ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Duke Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. |
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Duke Energy Foundation completes more than $550,000 in grants to South Carolina organizations celebrating nation's 250th birthday | FMP Stock News | |
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Monthslong initiative capped off with more than $260,000 in grants to 14 nonprofits telling the American – and Palmetto State – story , /PRNewswire/ -- As America's 250th anniversary approaches this Fourth of July, Duke Energy Foundation is providing more than $260,000 in grants to South Carolina organizations to help preserve local history and expand civic learning across the Palmetto State. This is the final round of the Foundation's America250 initiative, completing a $550,000 investment in South Carolina tied to the nation's anniversary focused on community-driven projects.Where the money goes: The grants have been awarded to 14 organizations that will help educate and share history at a statewide and local level. SC American Revolution Trust International African American Museum Black Creek Arts Council Dillon County Boys and Girls Club Fine Arts Center of Kershaw Lancaster Council of Arts Performing Arts and Science Academy (PASA) Oconee History Museum Honor for Heroes Partners for Active Living (PALS) Kids Upstate Beautiful Places Alliance Sumter Museum Ann Springs Close Greenway Why it matters: "As we plan to celebrate this milestone anniversary in our country, it's important to recognize that history is local, personal and still making an impact on our communities," said Tim Pearson, Duke Energy South Carolina president. "We are proud to support our communities in bringing those stories forward in a way that helps invite people to learn, reflect and connect." Positive Response: Molly Fortune, South Carolina American Revolution Sestercentennial Commission Chief Executive Officer: "As we celebrate the founding of our nation, we are grateful to the Duke Energy Foundation for this grant which will help give equal access to immersive historical experiences to students across the Palmetto State. Sharing the South Carolina story is an important part of America's 250th anniversary, and we are grateful that Duke Energy has helped us to create a lasting impact on students and teachers in our state." Annie Rivers, Sumter Museum Executive Director: "The Sumter Museum is honored to be a recipient of the Duke Energy Foundation America250 Grant and is uniquely positioned to serve our community by enhancing and expanding our Carolina Backcountry Homestead programming for the 250th anniversary of the American Revolution. This support allows us to bring the American story to life through immersive living history experiences that connect our community to the people, skills, and struggles that shaped our shared past. By extending these programs both on-site and into the community, we will deepen access, inspire curiosity, and strengthen understanding of our region's role in America's founding story." Joy Raintree, Director of South Carolina State Parks: "We are grateful to the Duke Energy Foundation for helping make this project possible through the America250 grant program. This investment at Musgrove Mill will enhance how we share South Carolina's Revolutionary War history, creating meaningful educational experiences and stronger connections to our collective past for visitors and the local community." Annie Smith, Director, Dillon County Boys and Girls Youth Center: "Because of this grant, our students were able to stand in the very places where history was made, from Birmingham to Selma to Montgomery – and see the Civil Rights Movement not as a chapter in a book, but as a living legacy they are now part of. This support allows us to continue giving young people experiences that shape their identity, deepen their understanding of justice, and inspire them to lead with purpose." The Bigger Picture The grants mark the final round of the Foundation's America250 initiative, completing a more than $1 million investment across six states tied to the nation's anniversary and helping communities bring local history to life in new, more accessible ways. Earlier this year in South Carolina, $275,000 was granted to organizations committed to taking care of our shared green spaces while $30,000 was granted to veteran workforce development. Duke Energy Foundation Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders. Duke Energy Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky. Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs. More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities. Media Contact: Catherine Ramirez 24-Hour: 800.559.3853 SOURCE Duke Energy |
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Wall Street analyst sets Palantir stock price target for 12 months | FMP Stock News | |
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Amid rising investor demand for Artificial Intelligence (AI) stocks, Wedbush analyst Daniel Ives has maintained a bullish stance on Palantir Technologies Inc. (NASDAQ: PLTR).On June 24, Ives reiterated a ‘Buy’ rating on Palantir stock and set a 12-month price target of about $230. As such, he suggests that Palantir stock could surge by 98.72% in the near future, given that PLTR shares traded around $115.74 at press time. This optimism stems from Palantir Technologies’ deepening footprint in enterprise AI. Ives further noted that the bullish outlook for PLTR stock is further reinforced by the company’s strategic partnership with Zeta Global Holdings Corp. (NYSE: ZETA), which is projected to generate more than $100 million in revenue for Zeta over multiple years. Ives emphasized that the broader market may still not fully appreciate the value Palantir brings to the table. According to the analyst, this partnership underscores Palantir’s position at the forefront of the enterprise AI buildout by enabling the seamless connection between operational and customer intelligence in the emerging world of agentic AI. This view is echoed by Palantir CEO Alex Karp. He recently noted that enterprise customers are increasingly “unhappy” with frontier AI labs, which he says focus primarily on “tokenmaxxing” rather than solving real business problems. The Palantir CEO added that virtually every enterprise Palantir works with privately expresses frustration with the labs’ lack of understanding of their operations. Palantir stock price forecast and outlook Following Ives’ bullish stance on Palantir stock, the average Wall Street PLTR price target at the time of publication was $185.35, according to TipRanks’ data. Palantir stock forecast. Source: TipRanks On Wednesday, Palantir stock price traded around $115.74, down over 31% year-to-date (YTD). PLTR stock YTD chart. Source: Finbold As such, PLTR stock price could rebound in the near future, bolstered by bullish sentiment from Wall Street analysts and strong fundamentals. Best Crypto Exchange for Intermediate Traders and Investors Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals. 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees. Copy top-performing traders in real time, automatically. eToro USA is registered with FINRA for securities trading. 30+ million Users worldwide Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer! |
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Investors Heavily Search Pinterest, Inc. (PINS): Here is What You Need to Know | FMP Stock News | |
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Pinterest (PINS - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this digital pinboard and shopping tool company have returned +1% over the past month versus the Zacks S&P 500 composite's -1.3% change. The Zacks Internet - Software industry, to which Pinterest belongs, has lost 5.4% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Pinterest is expected to post earnings of $0.36 per share, indicating a change of +9.1% from the year-ago quarter. The Zacks Consensus Estimate has changed -16.7% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $1.91 points to a change of +19.4% from the prior year. Over the last 30 days, this estimate has changed -6.2%. For the next fiscal year, the consensus earnings estimate of $2.22 indicates a change of +16.3% from what Pinterest is expected to report a year ago. Over the past month, the estimate has changed -0.5%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Pinterest is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. In the case of Pinterest, the consensus sales estimate of $1.15 billion for the current quarter points to a year-over-year change of +15.3%. The $4.86 billion and $5.48 billion estimates for the current and next fiscal years indicate changes of +15% and +12.8%, respectively. Last Reported Results and Surprise HistoryPinterest reported revenues of $1.01 billion in the last reported quarter, representing a year-over-year change of +17.8%. EPS of $0.27 for the same period compares with $0.23 a year ago. Compared to the Zacks Consensus Estimate of $963.8 million, the reported revenues represent a surprise of +4.53%. The EPS surprise was +22.73%. Over the last four quarters, Pinterest surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period. ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Pinterest is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Pinterest. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. |
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2026-06-24 16:40
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2026-06-24 08:21
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Nasdaq set to steady as Micron earnings awaited | FMP Stock News | |
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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. |
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2026-06-24 16:40
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2026-06-24 09:15
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Micron Technology Forecast: Bearish Momentum Signals Are Emerging | FMP Stock News | |
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Micron remains one of the strongest AI winners of 2026 despite the recent semiconductor selloff. The stock has surged 268% year-to-date and 227% since 30 March, significantly outperforming the SOX Index and Nasdaq 100. The earnings report is less about historical numbers and more about visibility into future AI demand. |
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2026-06-24 16:40
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2026-06-24 09:24
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SK Hynix to raise $29.4B in US listing: How it may impact the AI memory chip trade | FMP Stock News | |
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South Korean memory chip giant SK Hynix said on Wednesday that it plans to raise up to $29.4 billion through a US stock market listing, potentially marking the largest American Depositary Receipt offering ever and underscoring investor appetite for artificial intelligence-linked stocks.If completed at the upper end of the proposed range, the offering would surpass Alibaba's $25 billion US debut in 2014 and become the largest US listing by a Korean company. The listing comes at a time when SK Hynix has emerged as one of the biggest beneficiaries of the AI boom. The company, a major supplier of high-bandwidth memory chips used in Nvidia's AI processors, is now valued at about $1.2 trillion. Its shares have surged more than 280% this year and recently overtook Samsung Electronics to become South Korea's most valuable listed company. It is only the second Korean company after Samsung to cross the $1 trillion market capitalisation threshold. Analysts say the company's decision to list in the US is aimed at narrowing the valuation discount historically attached to Korean equities and positioning SK Hynix directly alongside global semiconductor peers such as Micron. A Seoul-based semiconductor analyst told TechCrunch in March that the US listing could help address a long-standing valuation gap. "SK hynix's US listing could help close a long-standing valuation gap with global peers. Despite having comparable or in some areas stronger production capacity than US-based chipmakers, the Korean company has historically traded at a discount, partly due to its primary listing in Korea." Analysts believe the move could also support valuations of SK Hynix's Korea-listed shares. "The most attractive benefit for investors is that SK Hynix will trade on Nasdaq alongside rival Micron, giving the company an opportunity to be re-rated in the US market," said Ryu Young-ho, senior analyst at NH Investment & Securities. "That could also be reflected in its Korea-listed shares as investors increasingly link the two valuations." CLSA Senior Analyst Sanjeev Rana said expectations surrounding the US listing have already contributed to the stock's rally. "If they can get at least a valuation multiple similar to Micron, for example, then the local shares also need to reflect that, so that kind of expectation is there," Rana said in a Reuters report. "I wouldn't be surprised if this rally continues." The listing also carries broader strategic implications. By debuting on Nasdaq, SK Hynix will gain access to deep pools of capital and become part of a market that increasingly views memory chips as critical AI infrastructure rather than cyclical hardware products. The move could also trigger a wave of passive investment flows, as technology-focused exchange-traded funds and index funds that track US benchmarks would be required to add SK Hynix shares to their portfolios. SK Hynix said the proceeds from the ADR listing will be invested entirely into expanding manufacturing capacity. The company plans to use the funds to construct new chip fabrication plants in South Korea and purchase advanced semiconductor manufacturing equipment, including extreme ultraviolet scanners produced by Dutch equipment maker ASML, whose shares rose 1.1% on Wednesday. The spending plans reflect expectations that demand for high-end memory chips used in AI data centres will remain robust over the coming years. The listing may also increase competitive pressures on Micron. First, since SK Hynix plans to use the entire amount raised to expand manufacturing capacity and acquire new equipment, higher production volumes could strengthen its competitive position and potentially allow it to lower prices. Second, the ADR listing gives global investors another way to gain exposure to the memory chip industry. Some investors may diversify their holdings across both companies or rotate funds out of Micron and into SK Hynix. MU shares have gained 269% this year despite a 13% decline on Tuesday, when concerns about the sustainability of aggressive AI spending triggered a broader selloff in semiconductor stocks. |
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2026-06-24 16:40
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2026-06-24 09:41
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Dow rises as tech rebounds ahead of Micron earnings after recent sell-off | FMP Stock News | |
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Wall Street indices opened higher on Wednesday as investors rotated back into beaten-down technology stocks and positioned ahead of key earnings from Micron Technology.The positive start follows two straight sessions of losses driven by concerns over AI-related spending and interest rates. The Dow Jones Industrial Average was up 67 points. While the S&P 500 rose 0.44% and the Nasdaq Composite gained 0.6%. The move comes after the S&P 500 and Nasdaq Composite fell 1.44% and 2.21% in the previous session, extending a tech-led sell-off that wiped out more than $1 trillion in value from the Nasdaq 100 over recent days. Oil prices also extended declines, with Brent crude falling 3% to around $74 a barrel and West Texas Intermediate slipping 3% to around $71, as geopolitical tensions in the Middle East remained in focus. Semiconductor and memory chip stocks led the rebound after sharp losses on Tuesday. Micron Technology rose about 2.11% in trading, while SanDisk added 2.7%, recovering part of its 13% decline in the prior session. The Roundhill Memory ETF also moved higher after dropping 14% on Tuesday. Micron’s earnings, due after the closing bell, are now a key focal point for investors assessing the durability of the AI-driven semiconductor rally. Micron has been one of the standout performers of the year, rising more than 268% in 2026 despite recent volatility. Analysts surveyed by FactSet expect earnings of $20.83 per share on revenue of $35.75 billion. Other chipmakers also rebounded in trading, with Intel and Qualcomm both up more than 1% after steep losses in the previous session. The recent market weakness has been driven by concerns over debt-funded artificial intelligence infrastructure spending and expectations of a more hawkish Federal Reserve. Traders are increasingly pricing in a potential second rate hike by the Fed by December-end, according to CME Group’s FedWatch tool, as inflation expectations remain elevated. Investors are also awaiting Thursday’s release of the Personal Consumption Expenditures Price Index, the Fed’s preferred inflation gauge, with economists expecting a reading of 4.1%. Concerns over the AI trade have also broadened beyond chips. Analysts pointed to pricing pressure and shifting strategies among major technology firms, including changes in approach from Microsoft regarding lower-cost AI models. Despite recent volatility, JPMorgan raised its year-end S&P 500 target to 7,800 points, citing strong earnings momentum and economic resilience. Broader markets stabilize as earnings and geopolitics remain in focusOutside of technology, several notable stocks moved on company-specific developments. Cerebras Systems fell 11.24% after forecasting lower full-year profit margins in its debut earnings report since going public. FedEx dropped 0.3% after reporting weaker margins in its core delivery business, while Hertz plunged 23% following a weak outlook and a planned equity offering. Alphabet gained 1.66% after S&P Global said it would replace Verizon in the Dow Jones Industrial Average, adding to its recent strength. As investors await Micron’s results, sentiment remains balanced between renewed buying in beaten-down tech stocks and lingering concerns over valuations, monetary policy, and AI-driven capital spending. |
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2026-06-24 16:40
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2026-06-24 10:00
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Options Corner: MU Earnings Face High Bar After Stock Surge | FMP Stock News | |
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Micron (MU) shares have climbed over 100% since its last quarterly earnings as investors pile into the stock due to insatiable demand for memory chips. Rick Ducat highlights trends in the stock chart as the red-hot memory trade experiences strong volatility. |
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2026-06-24 16:40
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2026-06-24 10:00
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Micron's Sudden Plunge May Be an AI Buying Chance | FMP Stock News | |
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Global equity markets woke up to a severe shock on the morning of June 23, 2026. South Korea's KOSPI index plunged 10%, triggering a market-wide trading halt and delivering the third-worst regional decline of the calendar year. The sharp sell-off was driven by an MSCI Developed Market inclusion setback, fears of taxation on unrealized capital gains, and aggressive portfolio rebalancing by the National Pension Service. Heavyweight memory-chip makers absorbed massive hits in Seoul, and that regional selling pressure immediately crossed the Pacific.Micron Technology Today MU Micron Technology $1,038.57 -13.20 (-1.26%) As of 12:40 PM Eastern This is a fair market value price provided by Massive. Learn more. 52-Week Range$103.38▼ $1,213.56Dividend Yield0.06% P/E Ratio49.19 Price Target$1,008.13 Shares of Micron Technology NASDAQ: MU started slipping in pre-market trading, sliding more than 8% at the opening after closing the previous session at an all-time high. Get Micron Technology alerts: Panic selling often blinds market participants to underlying business fundamentals. This sudden pullback arrives less than 48 hours before a historic fiscal third-quarter earnings report and just one day after a transformative partnership announcement. For investors monitoring the artificial intelligence hardware rotation, this macro-driven dip in a structurally sound asset creates a highly compelling entry window. The prevailing data suggests the broader market is vastly underestimating the long-term cash flow generation of the memory sector. Smart capital does not panic during regional liquidity events; it accumulates assets at a temporary discount. From Memory Maker to Neural ArchitectOn June 22, Micron executives revealed a multi-layered strategic agreement with Anthropic. This alliance guarantees a long-term supply of high-bandwidth memory, standard dynamic random-access memory, and solid-state drives for Anthropic's frontier Claude models. The deal moves significantly beyond a traditional vendor relationship. Micron Technology and Anthropic will actively co-design memory subsystems specifically optimized for agentic artificial intelligence infrastructure and complex token economics. Micron Technology also secured a strategic equity stake in Anthropic's Series H funding round. This massive funding initiative raised $65 billion at a staggering $965 billion valuation ahead of a confidential United States initial public offering filing. Coupling dedicated hardware supply with an equity stake in one of the world's most dominant artificial intelligence developers transforms Micron from a cyclical component manufacturer into a foundational co-designer of next-generation compute architecture. The partnership operates in both directions to compound operational efficiencies. The agreement includes the enterprise-wide deployment of Claude inside Micron Technology operations, integrating advanced language models directly into semiconductor manufacturing and fabrication design processes. This internal adoption aims to accelerate research and development cycles, creating structural cost advantages that legacy competitors will struggle to match. Monetizing the AI Brain's Bandwidth DeficitTo understand the true ceiling of this market, investors need to consider the physical limitations of silicon fabrication. High-bandwidth memory requires more than three times the wafer capacity of conventional dynamic random-access memory. As global fabricators allocate massive portions of their production lines to meet the insatiable demand for artificial intelligence clusters, the standard memory supply is effectively being starved. Micron Technology's calendar-year 2026 high-bandwidth memory capacity is entirely allocated and sold under non-cancelable, multi-year contracts. This total supply vacuum has triggered a sequential surge of over 60% in average selling prices for standard dynamic random-access memory. Wall Street consensus projects the upcoming fiscal third-quarter revenue to hit $35.59 billion, a 282.6% year-over-year increase that handily beats previous guidance ranges. Even more critical for free cash flow generation, gross margins are estimated to reach an unprecedented 81.6%. When a semiconductor manufacturer possesses absolute pricing power alongside guaranteed multi-year demand, cyclical margin compression becomes a distant threat rather than an immediate risk. Despite climbing over 320% since the start of the calendar year, Micron Technology trades at a forward price-to-earnings (P/E) ratio of just 20. Generating $16.20 in cash flow per share, the underlying valuation remains grounded in massive earnings growth rather than speculative multiple expansion. Whales Accumulate During the GlitchMicron's trailing 12-month rally of almost 900% naturally invites heavy protective positioning. Heading into the June 24 earnings call, the options market exhibits intense hedging activity. Implied volatility for the weekly expiration has spiked to 155%, while the institutional put-to-call ratio has risen to 1.60. Market makers are currently pricing in a massive post-earnings swing of up to 17%. Micron Technology, Inc. (MU) Price Chart for Wednesday, June, 24, 2026 This pre-earnings volatility, heavily exacerbated by the South Korean market plunge, reflects tactical risk management rather than a fundamental deterioration in the core business. Regulatory filings show that key insiders, including Chief Executive Officer Sanjay Mehrotra, have recently sold shares. This predictable activity reflects routine capital preservation and basic profit-taking following a historic run, not a lack of internal conviction regarding future earnings. Behind the protective put buying, major funds continue to aggressively accumulate shares. Recent Securities and Exchange Commission Form 13F filings reveal sophisticated capital building deep positions despite the high nominal share price. Top holders such as Bank of America Corp and Dimensional Fund Advisors LP maintain substantial allocations. Generate Investment Management Ltd recently doubled its stake, adding over 100% to its holdings, bringing its total to 202,187 shares valued at more than $68 million. Cementing the Foundation of Neural ComputeThe prevailing narrative surrounding memory stocks typically focuses on boom-and-bust cycles. Historical data shows that overcapacity eventually floods the semiconductor market, collapsing prices and destroying margins. The transition to advanced artificial intelligence infrastructure directly challenges that legacy model. Building agentic artificial intelligence models capable of autonomous reasoning requires exponentially larger memory pools than early-stage generative chatbots. The physical economy simply cannot produce enough advanced memory to oversupply the market within the next 24 months. Total available wafer capacity acts as a hard ceiling on global output, guaranteeing elevated pricing power for the few manufacturers capable of producing high-bandwidth solutions. Investors monitoring the semiconductor rotation may find the current macro-driven pullback an attractive area to reassess portfolio exposure. Cautious market participants might prefer to wait for the volatility to settle following the June 24, 2026, earnings call. Those seeking foundational infrastructure plays may want to add Micron Technology to their immediate watchlist, as absolute supply scarcity and strategic artificial intelligence integrations establish a highly defensible long-term floor for memory pricing. Should You Invest $1,000 in Micron Technology Right Now?Before you consider Micron Technology, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Micron Technology wasn't on the list. While Micron Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy. Get This Free Report |
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2026-06-24 16:40
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2026-06-24 10:09
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Micron Reports Tonight. The Real Story May Be Nvidia | FMP Stock News | |
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That’s because Micron has become one of the most important suppliers in the artificial intelligence supply chain.This Isn’t Just A Micron Earnings ReportWall Street will certainly be watching revenue, earnings and guidance. But investors may be paying even closer attention to commentary surrounding high-bandwidth memory, or HBM. HBM has emerged as one of the most critical components inside modern AI servers. The technology works alongside Nvidia’s AI accelerators, helping process and move enormous amounts of data needed to train and run large language models. In simple terms, no HBM means no cutting-edge AI system. As demand for AI infrastructure has exploded, Micron has become one of the biggest beneficiaries. The Real Question Is AI SpendingInvestors aren’t just looking for signs that Micron is executing well. Strong HBM demand, improving pricing and bullish commentary about future orders would suggest that hyperscale customers continue to invest heavily in AI data centers. That would be welcome news for Nvidia, whose growth story remains heavily tied to ongoing AI spending. On the other hand, any signs of slowing demand could raise questions about whether the AI buildout is beginning to moderate. Why Nvidia Investors Are WatchingNvidia has become the face of the AI revolution, but Micron sits closer to the underlying infrastructure. While Nvidia sells the processors, Micron helps provide the memory required to make those systems work. That gives Micron’s management team a unique vantage point into one of Wall Street’s most important themes. As a result, Wednesday’s earnings report could serve as more than just an update on Micron’s business. It may become one of the market’s first real-time checks on the health of the broader AI spending boom. And for Nvidia investors, that could make Micron’s earnings one of the most important reports of the quarter. Image via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-06-24 16:40
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2026-06-24 10:36
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Time to Dump Micron? SK hynix to Begin Trading on Nasdaq July 10 | FMP Stock News | |
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The artificial intelligence boom has created winners across the semiconductor industry, but few areas have benefited more recently than memory chips. Every AI server needs vast amounts of high-bandwidth memory (HBM) and DRAM to feed increasingly powerful processors from Nvidia (NASDAQ:NVDA | NVDA Price Prediction), Advanced Micro Devices (NASDAQ:AMD), and others. Without memory, even the fastest AI chip becomes a bottleneck.That demand has transformed memory manufacturers into some of the market’s biggest winners. In the U.S., no company has benefited more than Micron Technology (NASDAQ:MU). The stock has surged roughly 270% year-to-date and 726% over the past year, even after suffering a 13% pullback during yesterday’s selloff. Yet a new development could alter where investors put their next dollar. South Korean memory giant SK hynix plans to begin trading American depositary receipts (ADRs) on the Nasdaq on July 10. The question isn’t whether Micron remains a strong investment. It does. The real question is whether SK hynix now deserves a larger share of new capital. The AI Memory Shortage Remains Intact The investment case for memory stocks remains straightforward. AI infrastructure spending continues to accelerate. The world’s four largest hyperscalers are expected to spend hundreds of billions of dollars on AI infrastructure this year, and memory remains one of the industry’s tightest supply constraints. According to industry market-share data, three companies effectively control the entire HBM market: Company HBM Market Share SK hynix 57% Samsung Electronics 22% Micron Technology 21% Those numbers tell investors something important. While Micron has become the primary U.S. beneficiary of the AI memory boom, SK hynix remains the industry’s dominant supplier. The story looks similar in DRAM. Company DRAM Market Share Samsung Electronics 38% SK hynix 29% Micron Technology 22% Others 11% In both critical memory categories, three companies control nearly the entire market. That’s a powerful position when demand continues to exceed supply. Micron Is Still Winning Let’s be clear: nothing about SK hynix’s Nasdaq listing weakens Micron’s business. The memory chipmaker remains my favorite stock to own in 2026. The company has successfully moved up the value chain, becoming a major supplier of HBM used in AI accelerators. Revenue, margins, and earnings have all benefited from rising memory prices and persistent shortages. Perhaps most importantly, Micron remains the only major U.S.-based producer competing at the highest levels of the memory market. That strategic position has become increasingly valuable as governments and customers seek supply-chain diversification. Granted, Micron’s stock has delivered enormous gains. After a 726% run over the past year, expectations are far higher today than they were 12 months ago. That doesn’t make the stock unattractive, but it does raise the hurdle for future returns. Why SK hynix Changes the Investment Equation SK hynix’s Nasdaq arrival gives U.S. investors something they haven’t had before: easy access to the memory industry’s market-share leader. Surprisingly, many American investors have owned Micron simply because it was the most accessible pure-play memory stock available in U.S. markets. Beginning July 10, they’ll be able to buy shares in the company controlling 57% of the HBM market and holding the No. 2 position in DRAM. That changes the calculus. If investors are looking to deploy fresh capital into the AI memory theme, SK hynix may offer the stronger opportunity because it leads the most important segment of the AI memory market. HBM has become the fuel powering modern AI systems, and SK hynix currently occupies the driver’s seat. That said, this doesn’t create a sell signal for Micron. Far from it. The memory shortage remains intact, AI spending continues rising, and Micron still controls 21% of the HBM market and 22% of the DRAM market. Key Takeaway In short, investors don’t need to dump Micron because SK hynix is joining the Nasdaq. Micron remains one of the strongest ways to invest in the AI infrastructure buildout and continues to benefit from robust demand for HBM and DRAM. However, SK hynix’s July 10 ADR listing introduces a compelling new option, as it holds stronger competitive positions in the two memory categories driving AI growth. For investors putting new money to work after the recent selloff, SK hynix may deserve a larger allocation. Ultimately, the smartest move may not be choosing one over the other. The AI memory shortage appears likely to persist for years, and owning the companies that dominate the market could prove far more important than trying to pick a single winner. |
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2026-06-24 16:40
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2026-06-24 11:31
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Micron Reports After the Close, Home Sales After the Open | FMP Stock News | |
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Key Takeaways Micron Earnings Report After Today's CloseNew Home Sales for May Report After the OpenNew Housing Act Awaits President's Signature Wednesday, June 24th, 2026Pre-market futures are mostly up at this hour, but off earlier morning highs. Global concerns about AI spending have once again dominated conversations on Wall Street over the past week or so, and after 20%+ growth in the tech-heavy Nasdaq year to date, the June swoon has taken profits and brought down gains here in the final weeks of the first half of calendar 2026. Earnings results for one of the more recent trillion-dollar AI companies, Micron (MU - Free Report) , are due after today’s close. The Zacks Rank #1 (Strong Buy) company is up +3% in early trading this morning, but roughly flat over the past month and -4% in the days leading up to the print. Expectations are typically lofty for one of the top AI firms, with +998% projected earnings gains on +292% in revenues for its fiscal Q3 performance. Micron is working on a string of 12 straight earnings beats, with the trailing four-quarter average around +21%. So +1000% earnings growth year over year would not be too big of a surprise. That said, the share price has exploded to $1100 per share. A year and a half ago, Micron was trading under $100 per share. Homebuilding Takes Center Stage After Months in Crisis In a bipartisan bill passed by both houses of the U.S. Congress — when’s the last time we said that? — the 21st Century Road to Housing Act demonstrates lawmakers addressing the struggles in the domestic housing market. With a deficit of between 4-7 million homes and demand pushing prices ever higher, including +6% per month in places like Chicago, we see the housing formation on which much of the economy relies wallow at crisis levels. The Road to Housing Act aims to cut both time and costs to create new housing, reducing red tape and staunch requirements for building. It also will give local jurisdictions more flexibility to convert unused structures into multi-family housing units, with monetary incentives included for communities committed to increasing housing supply. The bill is scheduled to be signed into law by President Trump today. After today’s opening bell, New Home Sales for May are due. Expectations are for a bump of +10K from the previous month to +632K seasonally adjusted, annualized units, which would remain on the low end of the range over the past 10 years. Compare this with the recent high — +748K in November of 2025 — and low: +576K in January of 2026. The tally for April demonstrated a downturn of -6.2% in new home sales, as mortgage rates stayed aloft and home prices continued to climb, particularly in the big cities. The survey saw a 9.4 months’ supply of new housing, totaling 489K units. The median price for a new home last month, nation-wide, was $422,500. KB Home (KBH - Free Report) , in its fiscal Q2 report Tuesday afternoon, saw a +2% beat on revenues but a -0.99% miss on earnings. These were off expectations of -71% earnings growth year over year and -28% on revenues. Homebuilder Lennar (LEN - Free Report) and Pulte Home (PHM - Free Report) report earnings roughly four weeks from now. Questions or comments about this article and/or author? Click here>> |
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Micron Is Up 268% This Year, and Stephanie Link Says Wait for a Pullback Before You Buy | FMP Stock News | |
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© William Potter / Shutterstock.comBefore Micron Technology’s (NASDAQ:MU | MU Price Prediction) fiscal Q3 2026 results, Stephanie Link of Hightower told CNBC viewers what most retail traders watching a parabolic chart do not want to hear. The fundamentals are fine. The entry point is the problem. Micron is up 229% year to date after a run from $285.28 at the end of 2025 to $1,051.77 at Monday’s close, and Link wants you to wait. What Link actually said Her exact framing on the segment was direct. “This stock is up 268% year to date. We’re short memory. ASPs are going to be north of 30 to 35%. I think the guidance is going to be great. I think it’s going to be a great report. Just high expectations. Wait for a pullback. You know I’m thinking like 10, 15%, 20%. I think that’s when you can buy.” Link’s argument is with the cushion. The cycle itself looks healthy. DRAM supply is tight, hyperscalers are still writing capex checks like the cloud build needs another rerun, and Micron has been raising guidance at a cadence that makes the sell-side look quaint. The question on a day like today is whether a stock that already moved 40.05% in the past month can absorb good news without a digestion period. The numbers behind the run The Q2 fiscal 2026 report Micron delivered in March set the stage for everything that has happened since. Revenue came in at $23.86 billion, up 196.3% year over year, beating the $19.51 billion consensus by 22.28%. Non-GAAP EPS landed at $12.20 against an $8.73 estimate. GAAP gross margin expanded to 74.4% from 36.8% a year earlier, an operating-leverage profile you usually only see in software businesses pretending to be hardware. Then management guided fiscal Q3 to $33.5 billion in revenue, $19.15 in non-GAAP EPS, and roughly 81% gross margin. CEO Sanjay Mehrotra framed it succinctly in the Q2 release, saying “In the AI era, memory has become a strategic asset for our customers” while the board pushed through a 30% dividend increase to $0.15 per share. The same filing, documents $650 million in repurchases over the six months ended February 26, 2026. Why expectations are the real risk Link’s caution has receipts. The Polymarket contract for tonight’s report prices a 96.65% probability that Micron beats the $19.66 non-GAAP EPS estimate. Options markets agree something is coming, with one widely shared r/options post noting implied volatility at the 98th percentile heading into the report. When the prediction market consensus is functionally certain and the options chain is pricing a panic-grade move, a clean beat may already be in the stock. Reddit sentiment captured the tension, with one popular post observing that “MU is pricing in some insanely abnormal panic” the night before earnings. The Tom Lee counterpoint Tom Lee of Fundstrat offered the patient man’s rebuttal on the same segment. “Investors have actually benefited from taking a longer time horizon on a lot of these ideas. There’s a lot of visibility and that’s pretty scarce when you look outside of AI.” His point reframes Link’s tactical concern. If order books really extend into 2027 and HBM remains supply-constrained, then trying to thread a 15% pullback risks underweighting an asset that keeps repricing higher between dips. What to watch tonight Three things matter when results hit. First, whether the company guides fiscal Q4 above the implicit run rate set by tonight’s $33.5 billion midpoint. Second, whether HBM allocations stretch deeper into calendar 2027, which would validate the supply-tightness thesis Link cited. Third, the reaction itself. A muted move on a clean beat is exactly the pullback Link is waiting for, and the stock already gave back 1.63% on Tuesday’s session before the report. Patience and conviction are both defensible here. The trade is choosing which one matches your time horizon. |
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Micron earnings preview: Here's what Wall Street expects as all eyes turn to MU stock and the memory chip rally | FMP Stock News | |
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Micron Technology Inc will release its third-quarter earnings after the markets close on Wednesday. Despite fears of an AI bubble, Wall Street predicts positive results. Micron could report $35.5 billion in revenue—a 281% jump year-over-year (YOY), according to a Bloomberg analyst consensus cited by Yahoo Finance. Its DRAM (memory) and NAND (storage) revenues are expected to grow 288% and 256% YOY, respectively. Micron is also predicted by Bloomberg’s analysts to have earnings per share of $20.39, about a 967% increase YOY. However, consensus estimates cited by CNBC expect EPS to range from $20.17 to $20.42. Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Micron had a successful yearThe earnings report will come just two days after Micron’s shares (Nasdaq: MU) reached a new all-time high of $1,213.56. The stock price is up over 722% YOY and $268 year-to-date (YTD). Shares of Micron have occasionally dropped alongside those of other chip manufacturers due to fears about over-investment in AI and the infrastructure that powers it. Just yesterday, shares dropped more than 13% in response to concerns about a stock bubble in South Korea, following a large selloff and losses for both Samsung’s and SK Hynik’s shares. Explore Topicschipsmarketssemiconductor chipsstocksTaiwan Semiconductor Manufacturing Company |
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Here's How Much Traders Expect Micron's Stock Could Move After Earnings | FMP Stock News | |
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Micron's stunning performance this year could be about to get even better. |
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Stay "Cautious" as Tech Concentration Builds in SPX Ahead of MU Earnings | FMP Stock News | |
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@CharlesSchwab's Nathan Peterson turns to the S&P 500 (SPX) price action and explains why he's "cautious" as concentrated positioning ramps up in the index. He tells investors to brace for Micron's (MU) earnings as the stock seeks to jump a high bar. |
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Housing Stocks Back in Spotlight | FMP Stock News | |
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Pre-market futures are mostly up at this hour, but off earlier morning highs. Global concerns about AI spending have once again dominated conversations on Wall Street over the past week or so, and after 20%+ growth in the tech-heavy Nasdaq year to date, the June swoon has taken profits and brought down gains here in the final weeks of the first half of calendar 2026.Earnings results for one of the more recent trillion-dollar AI companies, Micron (MU - Free Report) , are due after today’s close. The Zacks Rank #1 (Strong Buy) company is up +3% in early trading this morning, but roughly flat over the past month and -4% in the days leading up to the print. Expectations are typically lofty for one of the top AI firms, with +998% projected earnings gains on +292% in revenues for its fiscal Q3 performance. Micron is working on a string of 12 straight earnings beats, with the trailing four-quarter average around +21%. So +1000% earnings growth year over year would not be too big of a surprise. That said, the share price has exploded to $1100 per share. A year and a half ago, Micron was trading under $100 per share. Homebuilding Takes Center Stage After Months in CrisisIn a bipartisan bill passed by both houses of the U.S. Congress — when’s the last time we said that? — the 21st Century Road to Housing Act demonstrates lawmakers addressing the struggles in the domestic housing market. With a deficit of between 4-7 million homes and demand pushing prices ever higher, including +6% per month in places like Chicago, we see the housing formation on which much of the economy relies wallow at crisis levels. The Road to Housing Act aims to cut both time and costs to create new housing, reducing red tape and staunch requirements for building. It also will give local jurisdictions more flexibility to convert unused structures into multi-family housing units, with monetary incentives included for communities committed to increasing housing supply. The bill is scheduled to be signed into law by President Trump today. After today’s opening bell, New Home Sales for May are due. Expectations are for a bump of +10K from the previous month to +632K seasonally adjusted, annualized units, which would remain on the low end of the range over the past 10 years. Compare this with the recent high — +748K in November of 2025 — and low: +576K in January of 2026. The tally for April demonstrated a downturn of -6.2% in new home sales, as mortgage rates stayed aloft and home prices continued to climb, particularly in the big cities. The survey saw a 9.4 months’ supply of new housing, totaling 489K units. The median price for a new home last month, nation-wide, was $422,500. KB Home (KBH - Free Report) , in its fiscal Q2 report Tuesday afternoon, saw a +2% beat on revenues but a -0.99% miss on earnings. These were off expectations of -71% earnings growth year over year and -28% on revenues. Homebuilder Lennar (LEN - Free Report) and Pulte Home (PHM - Free Report) report earnings roughly four weeks from now. |
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Cantor's CJ Muse Says a 2027 Memory Squeeze Could Power Micron's Earnings Through 2028 | FMP Stock News | |
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CJ Muse went on CNBC this morning and made the case that the memory cycle most investors are watching does not actually peak where they think it peaks. “The real takeaway for memory is that supply is going to be even tighter in 27 than 26,” the Cantor Fitzgerald semiconductor analyst said, “and because of that you can actually think about earnings growth and not only 27 but also 28.” That is the bullish framing investors will be testing against tonight’s fiscal Q3 numbers from Micron Technology (NASDAQ:MU | MU Price Prediction), which the company has confirmed will land after the close on June 24, 2026.Why Muse is anchoring on 2028 The Cantor argument is essentially a duration trade dressed up as a memory call. If hyperscaler compute demand keeps growing through 2029 and 2030, then DRAM and HBM supply, which takes years and tens of billions of dollars to add, simply cannot catch up in the window analysts currently model. Muse pointed to the gap between compute and memory multiples as the giveaway. “If you look at compute multiples memory multiples there’s still significant upside,” he said, “as long as you underwrite the demand for compute, not peaking in 28, but extending into 2930 and beyond.” The number doing the heavy work in Muse’s framework is $200. “I think the bulls are thinking about $200 of earnings for micron next calendar year. And if that’s right, you’re talking about a stock trading at five times,” he told CNBC, calling that a multiple he does not believe represents the right peak for the name. Micron closed Monday at $1,051.77. The stock is up 229% year to date and 717% over the past year. The VanEck Semiconductor ETF (NYSEARCA:SMH), for what it is worth, is on pace for its best first half since inception in 2000. What the last quarter already told us Last quarter is the reason Muse can talk about this with a straight face. Micron’s fiscal Q2 2026, reported March 18, 2026, delivered revenue of $23.86 billion against an $19.51 billion estimate, with non-GAAP EPS of $12.20 versus $9.31 expected. GAAP gross margin reached 74.4%, up from 36.8% a year earlier, and the company guided fiscal Q3 to $33.5 billion in revenue plus or minus $750 million with non-GAAP gross margin near 81%. You can read the full 8-K press release on the SEC’s site. CEO Sanjay Mehrotra framed the demand picture more soberly than the numbers might suggest. “In the AI era, memory has become a strategic asset for our customers, and we are investing in our global manufacturing footprint to support their growing demand,” he said in the release. The capex line is what makes Muse’s thesis interesting. New fabs ordered today come online in 2028 at the earliest, which leaves 2027 supply largely fixed. SanDisk is telling you the same story If you want a second data point, look at SanDisk (NASDAQ:SNDK), the NAND-focused spinoff trading at $1,930 after a 601% year-to-date move. Its most recent quarter posted revenue of $5.95 billion, up 251% year over year. Datacenter revenue alone grew 645%. CEO David Goeckeler flagged what he called “a structural memory shortage unlikely to ease before 2028” in earlier commentary, language that lines up almost exactly with Muse’s framing. What to actually watch tonight Polymarket has the crowd pricing a 96.7% probability that Micron beats on the bottom line tonight, against a consensus EPS estimate of $19.66. The beat itself matters less than whether management’s guide and any commentary about HBM3E allocations through 2027 validate the $200 EPS bull case Muse is using. Analyst consensus targets sit below the current price, with 39 buys, 4 holds, and 1 sell. Sell side has been chasing the move. The risk Muse himself flags is whether AI workload growth genuinely extends into 2029 and 2030, or whether new capacity arrives faster than the bulls expect. Tonight will not settle that. The order book commentary on the call might. |
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ISRG vs. ZBH: Which Robotic Surgery Stock Offers Better Upside Now? | FMP Stock News | |
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Key Takeaways ISRG raised 2026 procedure growth outlook to 13.5-15.5% as adoption accelerates.Intuitive Surgical posted 23% Q1 revenue growth, with recurring revenues now at 86% of sales.ZBH is expanding robotics with ROSA and mBos, but growth remains slower than peers. The surgical robotics market remains one of the fastest-growing segments within the MedTech industry, and both Intuitive Surgical (ISRG - Free Report) and Zimmer Biomet (ZBH - Free Report) are investing aggressively to capture long-term growth. Intuitive Surgical continues to dominate robotic-assisted surgery through its expansive da Vinci ecosystem, while Zimmer Biomet is building momentum in orthopedic robotics with ROSA and next-generation autonomous robotic systems.Although ISRG has lost 28.8% year to date compared with ZBH’s modest 2.6% decline, the long-term growth outlook appears more favorable for Intuitive, particularly as innovation and procedure growth continue accelerating into the remainder of 2026. Both companies enter the second half of 2026 with meaningful catalysts ahead. ISRG recently raised its full-year procedure growth outlook to 13.5-15.5%, reflecting confidence in continued adoption of da Vinci 5, Ion, and SP platforms. Zimmer Biomet reaffirmed revenue growth guidance of 1-3% while raising EPS expectations to $8.40-$8.55 as its commercial transformation and robotics investments begin to show early progress. While both companies remain innovation-driven, Intuitive Surgical’s stronger growth trajectory continues to stand out. YTD Price Chart ISRG vs ZBH Image Source: Zacks Investment Research Case for ISRGIntuitive Surgical’s greatest strength lies in its unmatched leadership in robotic-assisted surgery and its highly scalable recurring revenue model. In the first quarter of 2026, revenues surged 23% to $2.77 billion, significantly outpacing the company’s 17% procedure growth — an indication that innovation is driving pricing power and improving monetization. Recurring revenues grew 23% to $2.4 billion and now accounts for 86% of total revenues, providing exceptional earnings visibility. The continued rollout of da Vinci 5, which now has nearly 1,500 installed systems globally, remains a key driver of future growth. Beyond core robotic surgery, ISRG continues expanding into high-growth adjacencies. Ion procedures grew 39%, while SP procedures jumped 68%, reflecting broader adoption across lung biopsy and minimally invasive specialty procedures. The company is also aggressively building AI-enabled capabilities around force feedback, digital surgery, telepresence, augmented dexterity, and future automation, strengthening its long-term competitive moat. Challenges remain in China and Japan due to tender weakness and pricing pressure, but management’s raised outlook suggests confidence that these headwinds remain manageable. With a Zacks Rank #2 (Buy) and stronger earnings momentum, ISRG remains well positioned for the rest of 2026. ISRG’s Sales Estimate Image Source: Zacks Investment Research Case for ZBHZimmer Biomet’s core strength lies in its orthopedic robotics strategy and broader diversification across implants, technology, and surgical solutions. In the first quarter of 2026, the company delivered organic revenue growth of 2.9% and adjusted EPS growth of 15.5%, driven by strong adoption of ROSA robotics, TMINI systems, AI-enabled hip navigation through OrthoGrid, and accelerating shoulder and upper-extremity businesses. Technology and data-driven solutions grew nearly 12%, while robotic sales continued expanding at double-digit rates. The company’s future growth strategy centers on its autonomous robotic platform mBos, acquired through Monogram, which management expects to launch in a semi-autonomous form in early 2027. Additional growth drivers include the Paragon 28 acquisition, expanding digital orthopedic ecosystems, and increasing investments in AI-enabled robotics. However, near-term challenges remain meaningful. The company continues to navigate disruption from its large U.S. sales force transformation, ongoing pricing pressure in legacy knee implants, modest international growth, and a slower overall revenue growth profile compared with Intuitive Surgical. While ZBH remains a stable operator, its Zacks Rank #3 (Hold) reflects a comparatively more measured upside outlook. ZBH’s Sales Estimate Image Source: Zacks Investment Research Valuation ComparisonISRG trades at a premium, but this valuation is supported by sustained double-digit growth, expanding global adoption, and a long runway in minimally invasive surgery. Its performance demonstrates resilience despite external pressures, such as tariffs. The company currently trades at a forward 12-month P/E multiple of 36.56X, well above the industry average of 23.71X, and carries a Value Score of D. ISRG’s P/E F12M Chart Image Source: Zacks Investment Research ZBH offers a more balanced risk profile, with dependable earnings growth and margin expansion driven by operational discipline. Its upside potential appears comparatively constrained, given its mature and diversified business mix. The company currently trades at P/E F12M ratio of 10.08X, below the industry average of 15.2X. ZBH carries a Value Score of B. ZBH’s P/E F12M Chart Image Source: Zacks Investment Research ConclusionBoth Intuitive Surgical and Zimmer Biomet are positioning themselves to benefit from the long-term adoption of robotic-assisted surgery, but their growth trajectories differ considerably. Zimmer Biomet offers steady execution, expanding orthopedic robotics exposure, and promising long-term innovation through autonomous surgery platforms. Intuitive Surgical continues to offer a strong investment case currently. Its superior revenue growth, expanding recurring revenue model, aggressive AI integration strategy, and dominant installed base create a significantly stronger long-term growth narrative. Despite stock underperformance this year compared to ZBH, ISRG’s accelerating innovation pipeline makes it the better robotic surgery stock to own right now. |
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GameStop CEO Ryan Cohen wants to buy eBay so badly that he's taken his $35 billion pay deal off the table | FMP Stock News | |
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Ryan Cohen is the CEO of GameStop. GameStop GameStop CEO Ryan Cohen is so determined to buy eBay that he's taken his own $35 billion pay deal off the table.Cohen has withdrawn the proposed compensation package because he wants to fully focus on revitalizing GameStop's business and acquiring eBay, GameStop said in a press release on Tuesday. Cohen has reiterated his intention to acquire the online marketplace in recent days, despite the target being more than five times larger than GameStop, with a market value of $48 billion, and eBay rejecting Cohen's cash-and-stock offer in May. Chewy's billionaire cofounder explained his interest in the tie-up during an episode of the "All-In" podcast released on Tuesday. He highlighted the opportunity to cut eBay's bloated costs; to make it a big player in live commerce by using GameStop's roughly 1,600 US stores to fulfill orders and serve as studios for content creators; and to expand into digital collectibles by creating a marketplace for digital items in video games. Cohen also said he'll put $500 million of his own money into the deal to demonstrate his conviction. "When you look at how much the businesses together make sense, and then you look at the fact that it's within my circle of competence, I can't stop thinking about it," Cohen said. In a June 19 interview with Piers Morgan, Cohen declined to rule out a hostile takeover, meaning he might attempt to buy the business against the board's wishes. At Cohen's request, GameStop has removed the proposed CEO Performance Award from its proxy statement, it said in Tuesday's press release. The video-game retailer's shareholders were poised to vote on the pay package ahead of the company's annual meeting on July 7. Cohen stood to secure a total of 171.5 million share options if he grew GameStop's market value to $100 billion, and its adjusted profits to $10 billion. Those shares would be worth in excess of $35 billion He's faced backlash over his proposed pay package. Michael Burry of "The Big Short" fame revealed in early May that he'd sold his GameStop stake because he was skeptical of the eBay deal, and suggested Cohen was pursuing the heavily dilutive transaction because it would help him hit his market cap and profit milestones, generating a huge payout for him. GameStop noted in a filing that Cohen wouldn't have received a windfall purely for acquiring eBay, as his performance hurdles stood to be adjusted to reflect a stock-based acquisition. In its press release, GameStop said it would provide fresh details about its plans to purchase eBay this week, including its strategic rationale and how it plans to run the combined company. GameStop and eBay did not immediately respond to requests for comment. Read next Theron Mohamed You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Theron Mohamed is a London-based correspondent on the Trending team at Business Insider. His coverage spans finance, investing, wealth, markets, and the economy.Theron joined BI in 2019 as a reporter at Markets Insider and rose to the rank of correspondent before moving to the Trending team in 2024. He previously covered tech, media, and telecom stocks for Investors Chronicle magazine and had a brief stint on the Financial Times' Data team. He interned at the Wall Street Journal in New York where he primarily wrote for Heard on the Street.Theron has freelanced for The Independent, The Telegraph, WIRED, and several smaller publications. He holds an undergraduate degree in geography from the London School of Economics, and a master's degree in journalism from Columbia University.Theron often covers Warren Buffett, Michael Burry, Jeremy Grantham and other top-flight investors. He also writes about the world's wealthiest people and shares financial advice from all manner of rich and successful people.Email Theron at [email protected] and follow him on X @theron_mohamed.Expertise Corporate financeStocks and investingWealth and philanthropyBusiness historyUS economyWarren Buffett and Berkshire HathawayPopular articlesAl Pacino says he went from $50 million to broke, joining a long list of stars who've experienced money troublesAn oil tycoon sold his company for $26 billion this year — but died before the deal closedWarren Buffett drinks 5 cans of Coke a day — here's why he switched from Pepsi after nearly 50 yearsMeet the 16 people in the $100 billion club — who are jointly worth more than Amazon or Google'Big Short' investor Michael Burry kept quiet, piled into China tech, and won big with a stock bet in 2024Bill Gates' former assistant is worth $154 billion — and could soon be richer than the Microsoft cofounderHoward Schultz talked about Steve Jobs, trademarking the latte, and Starbucks' problems in a marathon interviewWarren Buffett just made a rare trip to Tokyo. Here's the story of a disastrous sushi dinner that made him swear off Japanese food forever.21 states where recession bells are ringing after unemployment jumpsWarren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.The 'Shark Tank' star Kevin O'Leary warns couples not to combine finances: 'I don't care how in love you are'The Waltons are once again the world's wealthiest family, beating out Gulf royalty and fashion dynasties Finance GameStop M&A More Video Games |
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GameStop CEO on His eBay Pursuit: ‘I'm Not Going to Stop, I'm Not Going to Go Away' | FMP Stock News | |
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Ryan Cohen, the GameStop chairman and CEO whose Chewy exit made him a household name in retail-investor circles, sat down with Jason Calacanis on the All-In podcast and made clear that his unsolicited run at eBay is not a pose. “I’m going to do whatever we need to do, whatever I need to do in order to succeed,” he said when asked about going hostile or launching a tender offer. The message to eBay (NASDAQ:EBAY | EBAY Price Prediction) shareholders, and to the board that already told him no, is that he plans to keep showing up.The board of eBay has treated the bid as something to be managed rather than negotiated. In May, directors rejected Cohen’s $55.5 billion offer at $125 per share as “neither credible nor attractive,” citing financing, operational risk, and governance concerns. Cohen’s response was to keep buying. GameStop (NYSE:GME) has built its position to roughly 7.8% of eBay, and its Q1 FY2026 filing now lists the “proposed acquisition of eBay Inc.” as a formal risk factor, complete with derivative positions providing economic exposure. Cohen’s argument in his own words The strategic case Cohen made to Calacanis was a scope argument, not a cost-cutting one. “It makes sense for me to pay this for the business because of what I could do with the business. Not just short-term in terms of increasing the earnings, but long-term in terms of really taking significant market share in live commerce,” he said, framing the deal as a path to “a digital marketplace for gaming.” Existing eBay management, in his telling, could “never” build that “in their wildest dreams.” Then comes the antitrust wrinkle. Cohen argued that eBay’s natural strategic acquirers, Amazon and other platform giants, are boxed out by regulators, so a competing bid is unlikely. Without rival bidders, eBay’s bankers end up negotiating against themselves, and if active holders sell into the open market to event-driven funds, the board faces a different shareholder base than the one that backed the rejection. Cohen said he is working with “high-priced advisors” and has “a lot of different escalation paths.” What the numbers support The arithmetic of the bid is what skeptics keep returning to. GameStop carries a market cap near $9.64 billion and is trying to swallow a company worth roughly $49.4 billion. eBay closed out FY2025 with $11.1 billion in revenue, $1.996 billion in net income, and a $1.2 billion all-cash deal for Depop already in the pipeline, details visible in the company’s Q4 8-K filing. eBay shares have risen 28% year to date and ~50% over the past year, which complicates any premium argument. The stock currently trades at $111, narrowing the gap to Cohen’s $125 offer and shrinking the headline premium. Financing is the other open question. GameStop has roughly $7.40 billion in cash and securities and points to a $20 billion financing commitment from TD Securities, though that arrives in the form of a “highly confident letter” rather than hard capital. Michael Burry exited his GameStop position after the bid, telling anyone who would listen that “the debt is the problem.” Steve Eisman lined up alongside him. What the market is pricing Prediction markets have settled into a clear stance. Polymarket bettors put the odds of GameStop acquiring eBay by year-end 2026 at 14%, with an 86% implied probability that the deal fails. The market is competitive and well-trafficked, which makes the skepticism harder to dismiss as thin liquidity. GameStop itself is the wildcard. Q1 FY2026 revenue grew 14% to $835.3 million, gross margin expanded to 40.7% from 34.5%, and the collectibles category jumped 65% year over year. Shares are roughly flat year to date, which suggests holders are not penalizing Cohen for the eBay distraction, but they are not rewarding him either. Cohen has built the cash, the stake, and the rhetoric. Whether eBay’s board ever has to actually negotiate depends on whether shareholders make them. |
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AMC Robotics Secures Manufacturing Facility in Vietnam, Advancing Phase 1 NovaArm™ Production | FMP Stock News | |
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NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- AMC Robotics Corporation (Nasdaq: AMCI) (“AMC Robotics” or the “Company”), an AI-driven robotics solutions provider, today announced it has signed a lease agreement for a 6,150-square-meter manufacturing facility in Bắc Ninh, Vietnam, which has been identified as a long-term hub for production and operations in Southeast Asia. The facility will be operated by AMCV Company Limited, AMC Robotics' wholly owned Vietnamese subsidiary, and represents a significant step forward in the Company's strategy to build scalable robotics manufacturing capabilities.The Company’s Phase 1 operations will focus on production of the Company's NovaArm™ robotic arm, designed for high-load, high-precision warehouse sorting and industrial automation applications. The Company expects to complete the Vietnamese facility’s buildout and production line commissioning with initial production targeted to commence in the second half of 2026. AMC Robotics expects to invest approximately US$3.5 million in the build-out and equipping of the Vietnam facility through Phase 1. The facility is being configured around standardized production lines for precision assembly, complemented by whole-machine calibration and automated end-of-line testing—an approach intended to deliver consistent product quality, improve manufacturing yield, and enable cost-efficient, scalable volume production. AMC Robotics plans to leverage the Vietnam facility's manufacturing and testing infrastructure as a foundation for future expansion, including production of the Kyro™ quadruped robotic dog. The facility supports the Company’s long-term strategy to integrate its robotics hardware and AI software into a unified production and deployment platform. By localizing manufacturing in a competitive-cost region and standardizing its production and testing processes, AMC Robotics intends to establish a cost structure that supports improved unit economics as production volumes increase. "Securing this facility marks an important step as we transition from product development to manufacturing execution," said Sean Da, Chairman and Chief Executive Officer of AMC Robotics. "We believe the Vietnam operation provides the infrastructure needed to support the launch of NovaArm™ and establishes a scalable foundation for future products, including Kyro™. As we continue advancing our commercialization strategy, this facility is expected to position us to scale efficiently while supporting long-term growth opportunities.” About AMC Robotics Corporation AMC Robotics (Nasdaq: AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company's quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception. For more information, please visit www.amcx.ai. Investors and Media Contact Susan Xu Alliance Advisors IR E: [email protected] Cautionary Note Regarding Forward Looking Statements This press release may contain statements that constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, and the effects of regulation. These forward-looking statements are based on management's current expectations, projections, and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions, and other important factors include, but are not limited to: (a) challenges in opening operations in new jurisdictions, including but not limited to compliance with local ordinances, obtaining any necessary permits and regulatory oversight; (b) the ability to recognize the anticipated benefits of the new operations; (c) the outcome of any legal proceedings that may be instituted against the Company; (d) the ability to continue to meet the applicable stock exchange listing standards; (e) the effect of the Company's completed business combination with AlphaVest Acquisition Corp ("AlphaVest") on the Company's business relationships, performance, and business generally and the risk that such transaction further disrupts current plans and operations of the Company or its subsidiaries; (f) the ability to recognize the anticipated benefits of the transaction with AlphaVest, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations); (h) the possibility that AMC Robotics may be adversely affected by other economic, business, and/or competitive factors; (i) AMC Robotics' estimates of expenses and profitability; and (j) other risks and uncertainties indicated under "Risk Factors" contained in AMC Robotics’ Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed or to be filed with the SEC by AMC Robotics. Copies are available on the SEC's website, www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company gives no assurance that it will achieve its expectations. Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e182cf80-bfc9-450d-9555-3bab3930c2f9 https://www.globenewswire.com/NewsRoom/AttachmentNg/55f78bbd-b486-43e4-af55-bf9dd35074d7 |
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2026-06-24 16:40
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2026-06-24 09:00
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Redfin Reports Flood-Prone Parts of America Are Losing Residents at Nearly Twice Last Year's Rate | FMP Stock News | |
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SEATTLE--(BUSINESS WIRE)--Flood-prone America lost far more residents than it gained in 2025, continuing and intensifying a trend that started in 2024, according to a new report from Redfin, the real estate brokerage powered by Rocket.High-flood-risk U.S. counties lost 63,357 more residents than they gained in 2025. That’s nearly double the net outflow from the year before. In 2024—the first time in five years flood-prone counties posted a net outflow—34,099 more people moved out than in. The opposite trend is happening in places at low risk of flooding. Low-flood-risk counties gained 69,857 more people than they lost last year—the biggest gain since 2018. This is based on a Redfin analysis of domestic migration data from the U.S. Census Bureau (excludes immigration) and climate-risk scores from First Street. Redfin defines a high-risk county as one that ranks in the top 10% when it comes to the share of homes facing high flood risk—in other words, counties with 23.7%-99.1% of homes facing high risk. Migration data for 2025 covers July 1, 2024-July 1, 2025. The significant uptick in movement away from flood-prone places suggests that concerns about flooding and climate are beginning to reshape where Americans choose to settle. While high-flood-risk counties are losing residents, lower-risk counties are seeing strong population gains, indicating that more movers may be prioritizing climate resilience and relative safety in their relocation decisions. Several forces are likely driving residents away from flood-prone parts of America: Increasing climate risks. Repeated flooding and stronger storms have increased the physical and financial risks of living in vulnerable communities, particularly in coastal and low-lying regions.Rising cost of homeownership in flood-prone places. Homeowners in high-risk counties are facing rising insurance premiums, higher repair costs and, in some cases, difficulty obtaining or renewing flood coverage altogether. Soaring HOA dues in places that are particularly prone to climate disasters are also a factor.Those pressures have been compounded by the rising cost of homeownership more broadly. Buyers are weighing long-term climate risks when deciding where to move, and many appear to be choosing areas where the threat of flooding—and the costs associated with it—are lower.Reduced community appeal of flood-prone areas. Frequent disasters can also disrupt local economies, damage infrastructure and reduce property values, making flood-prone communities less attractive places to live over time.Destroyed or damaged homes. In some flood-prone counties, thousands of homes have been destroyed or damaged by recent hurricanes, prompting people to move away.Factors other than climate, such as soaring home prices and politics. Soaring housing costs have driven some residents out of flood-prone places. And Redfin agents have said some people who moved to Florida during the pandemic are now leaving because they don’t like the state’s politics.“If you don’t live here and you’re thinking of moving here, hurricane risk is top of mind,” said Kyle Kleinman, a Redfin agent in Miami. “I’ve worked with a lot of house hunters who were searching in Miami from out of town, then they completely backed out. Most of them realized it’s much more expensive to live here than they thought because of flood risk and sky-high insurance premiums. Coupled with high mortgage rates, the expense is through the roof.” Miami Leads List of Flood-Prone Places Losing Residents Miami-Dade County lost 72,254 more residents than it gained last year—the largest net outflow among the flood-prone counties in this analysis. That’s also the largest net outflow on record for the county. Florida counties make up four of the 10 flood-prone places that lost the most residents in 2025: In addition to Miami-Dade, Pinellas (Clearwater and St. Petersburg), Collier (Naples) and Monroe (Key West) counties are on the list. Harris County, TX, home to Houston, had the second-biggest outflow of residents in 2025. It lost 43,377 more residents than it gained. Notably, Orleans Parish, LA (New Orleans) and Jefferson Parish, LA (part of the greater New Orleans area) are both on the top 10 list: They have net outflows of 2,724 and 5,553, respectively. In both of those counties, nearly all (roughly 99%) of homes face high flood risk—the highest shares in the nation. In all but two of these counties, net outflow accelerated in 2025 from 2024. The exceptions are Hudson County, NJ (Jersey City) and Orleans Parish. “Climate risk is becoming a more important factor when Americans weigh the costs and benefits of living in a certain place,” said Daryl Fairweather, Redfin’s chief economist. “Repeated disruptions and damage from extreme weather are making it more expensive—and less predictable—to own homes and live in the most flood-prone parts of the country. It’s becoming more common for natural disasters to cost homeowners money in the form of rising insurance premiums and repairs. When people’s bank accounts take a hit, they’re more likely to genuinely consider living in a less risky place—or reconsider a move to a risky place.” Climate Risk Is a Top Reason Americans Are Moving This Year: Redfin Survey Climate risk is one of the top reasons Americans are looking to move, according to a Redfin survey conducted by Ipsos in May 2026. The survey asked roughly 1,000 U.S. residents with plans to move in the next 12 months about their reasons for moving. Nearly one in six (16%) said “concern for natural disasters or climate risks in my previous area, including heat, drought, flooding, fire, smoke or poor air quality.” Respondents could choose from 29 possible reasons; concern for natural disasters was the fourth-most common reason. The only more commonly cited answers were “want more space,” “upgrade to a better home or neighborhood,” “lower overall cost of living,” and “concern for safety/crime.” Concern for natural disasters ranked higher than every other option, including “to be with or nearer to family” and “move for a new job or job relocation.” Among people planning to move out of state in the next 12 months, one in five (21%) are moving due to concern about natural disasters. That was the second most commonly cited reason; only better weather (22%) surpassed it. And among people who have experienced a climate disaster and plan to move in the next 12 months, 20% are moving because they’re concerned about natural disasters, one of the most common reasons after “upgrade to a better home or neighborhood.” A Look Back: America’s Flood-Prone Counties Have Gone From Attracting Residents to Making Them Think Twice Looking back, America’s flood-prone counties gained residents from 2011, as far back as Redfin’s records go, to 2016. The trend reversed the next year, when flood-prone places started losing residents, partly because 2017 and 2018 were two of the most destructive hurricane seasons in history. Hurricane Harvey in Texas and Hurricanes Irma and Michael in Florida both caused extensive flooding. The next sea change happened in 2020, when the pandemic’s record-low mortgage rates and remote work culture motivated many Americans to move to the Sun Belt, especially Miami and other parts of coastal Florida. From 2020 to 2023, flood-prone areas gained residents. Some Flood-Prone Areas Are Still Gaining More People Than They Are Losing Among the 310 high-flood-risk counties Redfin analyzed, 128 saw more people move out than move in. The remaining 182 high-risk counties experienced net inflows. Many of the high-risk counties that saw net inflows are in Texas or Florida. In St. Johns County, FL (just south of Jacksonville), 12,549 more people moved inthan out in 2025—the biggest net inflow of all the high-risk counties in the analysis. Next comes Fort Bend County, TX (just outside of Houston), with a net inflow of 10,406, followed by Lee County, FL (Fort Myers, Cape Coral), with a net inflow of 8,603. Note that the high-risk counties that gained residents experienced much smaller inflows than the outflows seen by the counties that lost residents. The county with the most outflow, Miami-Dade, lost more 70,000 residents last year, while the county with the biggest inflow, St. Johns, gained 13,000. The flood-prone places that gained residents are also generally more affordable than the places that lost them, and that affordability can outweigh climate risks for residents and people looking to move in. For instance, in three of the counties that lost the most residents—Kings County, NY (Brooklyn), Marin County, CA, and Monroe County, FL (Key West)—the median list price for a home is about $1 million or more. All 10 counties that gained the most residents have median list prices under $500,000. To view the full report, including charts, additional metro-level data and a methodology, please visit: redfin.com/news/climate-migration-real-estate-2026 About Redfin Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent. You can find more information about Redfin and get the latest housing market data and research at https://www.redfin.com/news. For more information about Rocket Companies, visit https://www.rocketcompanies.com. |
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2026-06-24 16:40
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2026-06-24 12:00
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Zillow Group, Inc. (Z, ZG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit | FMP Stock News | |
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, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Zillow Group, Inc. ("Zillow" or the "Company") (NASDAQ: Z, ZG).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZILLOW GROUP, INC. (Z, ZG), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE AUGUST 10, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is The Lawsuit About? The complaint filed alleges that, between February 11, 2025 and May 7, 2026, Defendants failed to disclose to investors that: (1) Zillow's agreement with Redfin was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) 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. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact: Howard G. Smith, Esq., Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Call us at: (215) 638-4847 Email us at: [email protected], Visit our website at: www.howardsmithlaw.com. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contact Us: Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 [email protected] www.howardsmithlaw.com SOURCE Law Offices of Howard G. Smith |
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2026-06-24 16:40
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2026-06-24 12:00
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Bronstein, Gewirtz & Grossman LLC Urges Zillow Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ: Z) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zillow securities between February 11, 2025 and May 7, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/Z. Zillow Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. What's Next for Zillow Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/Z or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zillow you have until August 10, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to Zillow Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for Zillow Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Contact Info Peretz Bronstein, Esq. or Nathan Miller Bronstein, Gewirtz & Grossman, LLC 917-590-0911 | [email protected] Attorney advertising. Prior results do not guarantee similar outcomes. |
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