Clearing The Supply Chain NoiseThe Wall Street heavyweight pushed back strongly against recent negative reports stemming from sell-side analysts and Asian supply chain sources suggesting that the joint Broadcom-Google next-generation artificial intelligence program was in jeopardy.
In the research note with a title ‘Ignore The Noise’, analysts Harlan Sur and Mayur Ramdhani stated that “contrary to the recent noise… that Broadcom/Google has delayed or canceled its next-gen Google TPU v9 2nm program, we believe, based on our own recent primary research work and past reports… that the team remains on track.”
The analysts emphasized that the highly anticipated chip program is proceeding with “NO delays; NO cancellations,” reinforcing Broadcom’s stellar execution track record.
According to JPMorgan, Broadcom maintains a commanding “18mos+ lead” over Google’s internal custom chip-design team, which continues to struggle with optimizing its current hardware architecture.
Long-Term Revenue Secured Through 2031The foundational pillar of JPMorgan’s bullish outlook is a definitive long-term contract signed earlier this year, which shields the semiconductor giant from market volatility.
The firm highlighted that the “five-year agreement between Google and Broadcom in March… locks in Broadcom’s TPU design win roadmap for the next four generations of TPU (v8, v9, v10, v11).”
Crucially for long-term shareholders, the bank emphasized that this pact “includes commitments for increasing TPU revenues on an annual basis through 2031,” ensuring a highly predictable and expanding pipeline of high-margin AI revenue.
Unshakable AI Market DominanceReiterating its “Overweight” rating on the stock with a December 2026 price target of $580.00, implying a 40.99% upside from current levels, JPMorgan concluded that the broader market fundamentally underestimates Broadcom’s competitive moat.
Having led the ASIC market for over 30 years, the firm remains a critical backbone for global tech giants. Given the locked-in revenue stream and temporary stock weakness, the analysts emphasized that they “would be aggressive buyers at current levels.”
How Has AVGO Performed In 2026?Shares of AVGO have advanced by 18.85% year-to-date. It closed 4.70% higher at $411.35 apiece on Thursday, and fell 1.47% in premarket on Monday.
Over the last month, AVGO stock was down 2.22%, and it rose 24.70% over the last six months; the stock was 63.71% higher over the year. Benzinga’s Edge Stock Rankings indicate that AVGO maintains a strong price trend in the short, long, and medium terms, with a solid quality score.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Broadcom (AVGO) investors worried about reports of delays in Google chip programs may be overreacting, according to an analyst note from J.P. Morgan. Analyst Ha
Broadcom Inc. (AVGO - 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.
Over the past month, shares of this chipmaker have returned -0.7%, compared to the Zacks S&P 500 composite's +2% change. During this period, the Zacks Electronics - Semiconductors industry, which Broadcom Inc. falls in, has gained 22.1%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
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, Broadcom Inc. is expected to post earnings of $3.22 per share, indicating a change of +90.5% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.3% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $11.73 points to a change of +72% from the prior year. Over the last 30 days, this estimate has changed +3.4%.
For the next fiscal year, the consensus earnings estimate of $19.15 indicates a change of +63.3% from what Broadcom Inc. is expected to report a year ago. Over the past month, the estimate has changed +7.4%.
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 Broadcom Inc..
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.
For Broadcom Inc., the consensus sales estimate for the current quarter of $29.46 billion indicates a year-over-year change of +84.7%. For the current and next fiscal years, $104.05 billion and $166.78 billion estimates indicate +62.9% and +60.3% changes, respectively.
Last Reported Results and Surprise HistoryBroadcom Inc. reported revenues of $22.19 billion in the last reported quarter, representing a year-over-year change of +47.9%. EPS of $2.44 for the same period compares with $1.58 a year ago.
Compared to the Zacks Consensus Estimate of $22.04 billion, the reported revenues represent a surprise of +0.68%. The EPS surprise was +1.67%.
The company beat consensus EPS estimates in each of the trailing four quarters. 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.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
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.
Broadcom Inc. 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 Broadcom Inc.. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Broadcom (AVGO 3.06%) was one of the hottest stocks of 2026 before it reported Q2 earnings. It was up nearly 40% before selling off sharply. However, the stock is still up 18% for the year, which is still quite impressive for a six-month return.
One of the primary reasons for Broadcom's sell-off was that it didn't significantly raise its 2027 guidance. That's just an absurd reaction for the market, and it has created a great buying opportunity.
Image source: The Motley Fool.
Broadcom's custom AI chip business is gaining momentum Broadcom does a lot of different things as a company, but what's most exciting for investors is its ASICs -- application-specific integrated circuits. These are chips that are designed with one purpose in mind and excel at it. ASICs have been used for a long time, and they're gaining momentum in the AI industry. Broadcom partners with an AI hyperscaler to design an ASIC, and then those companies buy them exclusively from Broadcom. These custom AI chips often outperform GPU-based training in terms of cost, making them even more popular than ever.
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Broadcom has four key clients: Alphabet, Meta Platforms, OpenAI, and Anthropic. These four clients will help boost its AI semiconductor revenue to more than $100 billion by 2027. That's a massive goal, as Broadcom's current trailing-12-month revenue is $75 billion, and most of that is from non-AI sources.
Broadcom is starting a massive, multi-year growth trajectory, yet the market is disappointed that it wasn't more. That's a silly reason to sell a stock, and long-term investors should take advantage of the sell-off and begin loading up on shares.
From a valuation perspective, Broadcom does look expensive at 35 times forward earnings. However, 2027 was the year of major growth, and based on 2027's earnings estimate, we get a 21x multiple.
AVGO PE Ratio (Forward) data by YCharts
That's still not cheap, but if Broadcom's custom AI chip business really starts to take market share from GPUs, it could lead to even further growth in 2028 and beyond as the AI build-out is expected to last through at least 2030, and maybe beyond. That leaves plenty of years for Broadcom's business to continue growing, and I think it makes for a great long-term investment, especially after the recent sell-off.
Keithen Drury has positions in Alphabet, Broadcom, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Broadcom, and Meta Platforms. The Motley Fool has a disclosure policy.
Apollo Global Management President Jim Zelter joins CNBC's 'Squawk on the Street' to discuss the firm's role in leading a $35 billion financing for Broadcom's AI platform to support Anthropic's compute expansion, demand for compute, the state of the credit markets, and more.
Key Takeaways AVGO AI semiconductor revenues surged 143% to $10.8B, driven by XPUs and networking demand.Semiconductor revenues climbed 79% to a record $15B, while bookings exceeded $30B.Broadcom expects AI semiconductor revenues to reach $16B in Q3, up more than 200% year over year. Broadcom (AVGO - Free Report) is seeing strong momentum from rising demand for AI-focused semiconductor solutions. In the second quarter of fiscal 2026, AI semiconductor revenues jumped 143% year over year to $10.8 billion, surpassing management’s expectations. Growth was driven by strong demand for custom AI accelerators (XPUs) and networking products used in large-scale computing environments.
Semiconductor Solutions revenues climbed 79% year over year to a record $15 billion and represented 68% of total revenues. Overall revenues increased 48% to $22.18 billion. Demand remained strong throughout the quarter, with semiconductor bookings exceeding $30 billion, well above shipments. Networking products contributed nearly 40% of revenues from Broadcom’s AI-related semiconductor business, reflecting continued investment in high-performance infrastructure.
Broadcom is also benefiting from long-term partnerships with major technology companies, including Google, Anthropic, OpenAI and Meta. These agreements cover multiple generations of custom processors and networking solutions and include deployment plans extending through 2028. The partnerships have already generated billions of dollars in purchase commitments, providing greater visibility into future growth.
The company continues to strengthen its networking leadership through technologies such as high-speed Ethernet switching, SerDes, co-packaged optics and fabric solutions, including its Tomahawk and Jericho platforms. Broadcom is also preparing to launch a next-generation 200-terabit Ethernet switch to support increasingly complex computing workloads.
Broadcom expects AI semiconductor revenues to rise to approximately $16 billion in the third quarter of fiscal 2026, representing growth of more than 200% year over year. The company expects AI semiconductor revenues to double in the second half of 2026 compared with the first half, with full-year AI semiconductor revenues projected at $56 billion, an increase of approximately 180% from fiscal 2025. Broadcom anticipates this momentum will continue, guiding for AI semiconductor revenues to exceed $100 billion in 2027.
AVGO Faces Tough Competition in the Semiconductor SpaceBroadcom is facing stiff competition from the likes of Advanced Micro Devices (AMD - Free Report) and NVIDIA (NVDA - Free Report) . Both Advanced Micro Devices and NVIDIA are expanding their footprint in the semiconductor space.
Advanced Micro Devices is benefiting from strong demand for EPYC processors and Instinct GPUs. In the first quarter of 2026, Data Center revenues rose 57% year over year to a record $5.8 billion, driven by cloud and enterprise adoption, expanding AI workloads and growing large-scale GPU deployments.
NVIDIA is also seeing robust AI-driven demand. In first-quarter fiscal 2027, Data Center revenues jumped 92% year over year and 21% sequentially to a record $75 billion. Growth was fueled by strong adoption of Blackwell systems and networking products, with computing revenues reaching $60 billion and networking revenues climbing to $15 billion.
AVGO’s Share Price Performance, Valuation & EstimatesBroadcom shares have increased 18.9% year to date, underperforming the broader Zacks Computer and Technology sector’s rise of 20%.
AVGO Stock Underperforms Sector
Image Source: Zacks Investment Research
The AVGO stock is trading at a premium, with a forward 12-month price/sales of 13.57X compared with the broader sector’s 6.77X. Broadcom has a Value Score of D.
AVGO Stock Has a Stretched Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for the third quarter of fiscal 2026 earnings is pegged at $3.22 per share, up 2.9% over the past 30 days, suggesting 90.5% growth from the figure reported in the year-ago quarter.
Broadcom currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Broadcom (NASDAQ:AVGO | AVGO Price Prediction) posted record revenue of $22.19 billion on June 3, 2026, beat consensus on the top and bottom line, raised guidance, and lost roughly a fifth of its market value over the following week. The stock went from $495 at the filing to $385.73 one day later. The broader chip complex dropped alongside it. AVGO sits at $395 as of this writing, still down 4% while SPY is down 0.3% over the same window.
What JPMorgan is actually saying Late on last week, JPMorgan reiterated its Overweight rating with a $580 price target and told clients to be “aggressive buyers” of Broadcom at current levels.
The thesis rests on two arguments the bank thinks the market is mispricing. First, that Broadcom’s dominance in advanced packaging is being underestimated. Second, that the AI chip development program with Google is on track despite recent supply chain noise. Shares jumped over 4% on the call, and the most recent session added 4.7%.
The numbers that triggered the selloff are the same numbers supporting the bull case AI semiconductor revenue grew 143% year-over-year to $10.80 billion, beating Broadcom’s own guidance. CEO Hock Tan guided Q3 AI revenue to $16 billion, up over 200%, and disclosed that Q2 alone produced over $30 billion in AI bookings. For full-year 2026 the company expects $56 billion in AI semiconductor revenue, up approximately 180% from fiscal 2025, prior target of more than $100 billion in 2027.
Tan described the demand environment as “demand for XPUs and networking is simply insatiable.” and named the customers funding it. Anthropic gets access to more than 1 gigawatt of TPU-based compute in 2026 and another 5 gigawatts starting in 2027. OpenAI is contractually committed to deploy 1.3 gigawatts in 2027, on the way to a previously announced 10-gigawatt agreement by 2029. Meta committed to 3 gigawatts of MTIA XPUs through 2028. Two unnamed core customers have already placed $6 billion in purchase orders.
So why did the stock collapse? Three reasons explain it. Valuation, customer concentration, and a Nasdaq-wide chip rout. AVGO trades at 65 times trailing earnings and 33 times forward earnings, with a market capitalization of $1.87 trillion. The six-customer concentration is real, and Tan acknowledged that within Google specifically, “we fully expect that there will be some diversity of sources for them.”
On June 16, the Philadelphia Semiconductor ETF fell 5.9% on FOMC day, with Intel down 8.4% and AMD down 7.3%. AVGO went with them. The supporting filing detail is in the company’s Q2 FY2026 8-K.
The contrarian read on retail panic Reddit’s r/wallstreetbets briefly turned into a confessional. One post titled “wealthsimple exercised AVGO puts after hours. i’m down 1.2 million. is it over” drew 5,229 upvotes. Within 48 hours, a counter-narrative emerged on r/stocks: “Broadcom’s drop looks way overdone to me” picked up 204 upvotes and 130 comments.
Polymarket’s resolved record on AVGO earnings predictions is 100% correct across 6 markets, though the same crowd assigns essentially zero probability to AVGO becoming the second or third largest company by June 30.
What to weigh against the JPMorgan call Wall Street consensus sits at $522.06 with 37 buy ratings and 7 strong buys against 4 holds and zero sells. Insiders have been net sellers across 35 recent transactions. CFO Kirsten Spears flagged a structural margin headwind, noting that “our ASICs, TPUs, and some of the wireless business have lower margins” and that consolidated gross margin will compress as AI scales. Q3 gross margin is guided down to roughly 74%.
The JPMorgan trade bets the market mistook a mix-shift margin story and a sector tantrum for something fundamentally broken. Backlog visibility now extends into 2028, and gigawatt demand from Anthropic and OpenAI is, in Tan’s words, “far ahead of what we expected six months ago.” If that holds, $411 looks like a gift. If hyperscaler capex blinks, the multiple has a long way to fall.
Comparing Schwab U.S. Dividend Equity ETF (SCHD +0.50%) to Vanguard Dividend Appreciation ETF (VIG 0.51%) reveals two distinct strategies: one prioritizes current high yields while the other focuses on consistent dividend growth and technology exposure.
Investors often weigh these two funds when seeking exposure to reliable American companies. Vanguard Dividend Appreciation ETF targets large-capitalization companies with decade-long streaks of dividend increases, whereas Schwab U.S. Dividend Equity ETF focuses on fundamental strength and sustainability, resulting in two very different ways to own the dividend-paying market. Understanding whether you value immediate yield or long-term growth is central to choosing between these two exchange-traded funds.
Snapshot (cost & size)MetricVIGSCHDIssuerVanguardSchwabExpense ratio0.04%0.06%1-yr return (as of June 18, 2026)20.00%24.20%Dividend yield1.50%3.20%Beta0.820.68AUM$127.8 billion$99.9 billionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
While the Vanguard fund is the more affordable option with its 0.04% expense ratio, the Schwab fund remains competitive at 0.06%. The 1.70 percentage point yield gap may attract those prioritizing cash flow, whereas VIG focuses on those who prefer the growth of that payout over time. The Schwab fund provides a lower beta of 0.68, suggesting it has historically been less volatile than the broader market compared to the Vanguard fund's beta of 0.82.
Performance & risk comparisonMetricVIGSCHDMax drawdown (5 yr)(20.40%)(16.80%)Growth of $1,000 over 5 years (total return)$1,715$1,543What's insideSchwab U.S. Dividend Equity ETF focuses on 103 holdings, tracking the Dow Jones U.S. Dividend 100 Index. Its largest positions include Texas Instrument Inc (TXN 8.40%) at 6.39%, Qualcomm Inc (QCOM 8.01%) at 6.22%, and Unitedhealth Group Inc (UNH +0.63%) at 5.50%. The fund, which was launched in 2011, paid $1.06 per share over the trailing 12 months. It prioritizes technology at 19.00%, with consumer defensive and healthcare each representing 18.00% of the portfolio, using fundamental screening to identify companies with high cash flow and return on equity.
In contrast, Vanguard Dividend Appreciation ETF maintains a broader portfolio of 338 holdings, tracking the S&P U.S. Dividend Growers Index. Its largest positions include Broadcom Inc (AVGO 3.06%) at 5.42%, Apple Inc (AAPL 0.73%) at 4.58%, and Microsoft Corp (MSFT +1.96%) at 4.28%. The fund was launched in 2006 and has paid $3.45 per share over the trailing 12 months. It is heavily tilted toward technology at 29.00%, followed by financial services at 20.00% and healthcare at 17.00%, excluding the highest-yielding stocks to capture companies with the strongest capacity to increase dividends.
For more guidance on ETF investing, check out the full guide at this link.
What this means for investorsThese are two very different dividend ETFs. One, the Schwab U.S. Dividend Equity ETF, is more focused on the dividend yield, with a 3.25% distribution yield, one of the highest among dividend ETFs. The Vanguard Dividend Appreciation ETF only pays a yield that is less than half of SCHD’s at 1.53%.
SCHD has also been a better performer this year, up some 16% year-to-date compared to VIG, which has returned about 7%.
But VIG has been the much better long-term performer. As it focuses on dividend growers, it includes a lot of technology stocks that have rising dividends, but with lower yields. As the top three holdings — Broadcom, Microsoft, and Apple — indicate, these are not exactly dividend stocks. But they are three of the best growth stocks on the market.
This has allowed the VIG ETF to post strong long-term returns. However, the outperformance over SCHD is not that great — 11% for VIG to 8.7% for SCHD over the past five years and 13% for VIG to 12% for SCHD over the past 10 years.
Ultimately, if you are looking for excellent dividends and a good portfolio diversifier, SCHD is the better option.
Dave Kovaleski has positions in Apple. The Motley Fool has positions in and recommends Apple, Broadcom, Microsoft, Qualcomm, Texas Instruments, and Vanguard Dividend Appreciation ETF. The Motley Fool recommends UnitedHealth Group. The Motley Fool has a disclosure policy.
Broadcom (AVGO 3.06%) shares recently sold off after the company reported a sharp acceleration in revenue growth. The stock has started to recover, but is still down 17% from its previous high at the time of writing.
Investors might have been looking for stronger revenue guidance for the rest of the year, but it's still puzzling that the stock fell this sharply. Management guided for another massive jump in AI chip revenue next quarter and provided a positive outlook for its AI semiconductor business over the next few years. Here's why this looks like a great setup for a buying opportunity.
Image source: Getty Images.
AI chip revenue is expected to grow 200% next quarter The AI data center build-out cycle remains robust. The Motley Fool's research found that four of the "Magnificent Seven" (Alphabet, Microsoft, Amazon, and Meta Platforms) were expected to increase capital spending by at least 45% in 2026. Broadcom is riding the wave, with revenue up 48% year over year last quarter, reaching $22 billion. Revenue for its AI chips, or XPUs, grew 143% to $10.8 billion.
CEO Hock Tan said, "Demand for XPUs and networking is simply insatiable." Fiscal third-quarter guidance calls for AI chip revenue to accelerate again next quarter, growing over 200% year over year to reach $16 billion.
In light of this momentum, the stock's dip seems to be nothing more than a healthy pullback before another leg higher. The forward price-to-earnings multiple is 30, which is not cheap but reasonable for a company that just posted earnings growth of 54%, with analysts projecting 45% annual earnings growth over the next few years.
Management expects growth through at least fiscal 2028 Some leading AI tech stocks are trading at low earnings multiples relative to their earnings growth. This is the market's way of discounting the possibility of a slowdown in data center spending, which is the main risk for Broadcom. But the valuation discount is an opportunity for long-term investors.
Broadcom has deals with every leading AI company, including Google, Anthropic, and OpenAI. It just signed a long-term agreement to supply multiple generations of TPUs and AI networking to Google. It has similar deals in place with the other companies.
Obviously, anything that slows down data center spending, such as regulations on new construction, would likely send Broadcom stock lower. But the opportunity is that people are not using AI less. They will only use it more as these models improve. ChatGPT users have doubled over the last year and are now approaching 1 billion weekly users. That will just put more strain on existing compute capacity, which is already short, requiring continued investment to keep up with demand.
Broadcom stock has already risen almost 400% over the past three years, but with this much opportunity ahead, the stock's bull run doesn't appear to be over yet. Tan reiterated the expectation that AI chip revenue alone will exceed $100 billion by fiscal 2027, with continued growth into fiscal 2028. The recent demand trends, new agreements with Google and others, and long-term outlook make the recent dip a buying opportunity.
John Ballard has positions in Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Broadcom, Meta Platforms, and Microsoft. The Motley Fool has a disclosure policy.
I keep clicking buy on Broadcom (NASDAQ:AVGO | AVGO Price Prediction) because the math is too good to walk away from, even with a $39 trillion national debt clock ticking and new Fed Chairman Kevin Warsh signaling that borrowing costs are not coming back down on anyone’s preferred schedule. My friends ask why I am adding to the same name in the middle of a macro panic. The answer fits on a napkin: I am buying a cash machine the rest of the market is treating like a cyclical chip stock.
The thesis is simple. The global buildout of enterprise AI cannot happen without Broadcom’s custom silicon and switching fabric. CEO Hock Tan said it plainly on the June call: “Broadcom achieved record revenue, operating profit and free cash flow in Q2 driven by accelerating growth in AI semiconductor revenue and strong operating leverage.” That is the income statement talking.
The Receipts Start with the most recent quarter. Q2 FY2026 revenue landed at $22.187 billion, up 47.9% year over year, with non-GAAP EPS of $2.44, the eighth consecutive EPS beat. AI semiconductor revenue alone hit $10.80 billion, up 143%. Operating margin came in around 49%, with free cash flow of $10.262 billion, or 46% of revenue. Adjusted EBITDA margin was 69% of revenue. Tan guides Q3 to ~$29.4 billion in revenue and $16.0 billion of AI revenue, more than 200% YoY growth. His stated long-term target is to exceed $100 billion in AI sales by 2027.
Second, the balance sheet absorbs macro shocks. Cash and equivalents sit at $19.628 billion, up 107.22%, with total liabilities down 3.76% year over year and shareholders’ equity up 26.02%. Capex in Q2 was only $231 million. That is what asset-light cash conversion looks like.
Third, the income story I actually care about. Broadcom just raised its dividend 10% to $0.65 quarterly, the 15th consecutive annual increase since fiscal 2011, while running a $10 billion buyback authorization through December 31, 2026. Full year FY2025 free cash flow was $26.914 billion. Retirement accounts get paid out of cash flow like that.
The Risk I Will Not Pretend Away Hyperscaler concentration is real. A handful of customers drive the custom accelerator business, and the company itself flags dependence on a limited number of large customers and significant indebtedness requiring substantial cash flow for debt service. If one major hyperscaler pauses orders, near-term numbers wobble. I sit with that risk because the same call disclosed 79% YoY growth in Semiconductor Solutions and AI revenue still beating management’s own forecasts. A demand base big enough to deserve that concentration is a base I want exposure to.
Why The Buy Button Stays Active Forward P/E sits at 36, with a PEG of 0.748 and an analyst consensus target of $523.84 against a recent price of $411.35. 44 of 48 covering analysts rate it Buy or Strong Buy. Reddit can keep posting $1.2 million loss screenshots. The 10-year holder has watched the stock compound 3,266.87%. As long as Broadcom keeps converting AI demand into 46% free cash flow, I keep buying the macro fear other people are selling.
On June 3, Broadcom (AVGO 3.06%) announced its second-quarter fiscal year 2026 results for the period ending May 3. The company's shares fell off a cliff post-earnings, despite solid revenue and earnings growth, as well as guidance that looked impressive, especially for the company's artificial intelligence (AI) chip business. Broadcom expects semiconductor revenue from AI to grow by over 200% year over year in its Q3, accelerating significantly from the 143% sales growth it posted during Broadcom's second quarter.
Evidently, that wasn't enough to impress the market. But there remain excellent reasons to be bullish on Broadcom, including recent news from Amazon (AMZN +0.69%). Here's what investors should know.
Image source: The Motley Fool.
Amazon could soon be selling its AI chips According to reports, Amazon is in early talks to sell its Trainium AI chips to other companies. So far, the cloud computing leader has mostly used them in-house, within its own data centers. But the fact that it is actively exploring selling them to outside customers strongly suggests that the demand is there. And there is plenty more evidence for that claim. Alphabet (GOOG 0.77%) (GOOGL 0.85%) has already said it was planning to start selling its TPUs (Tensor Processing Units) to select outside customers.
One important takeaway here is that tech companies and other entities that need to train and deploy AI models increasingly see Application-Specific Integrated Circuits (ASICs) -- or specialized chips customized to perform specific tasks -- as legit alternatives to general-purpose GPUs (Graphics Processing Units), and that won't change anytime soon, especially as corporations seek to decrease their reliance on the GPU market leader, Nvidia (NVDA 3.99%).
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Why Broadcom investors should celebrate Amazon deciding to sell its AI chips is another bullish signal for the entire ASIC market, where Broadcom is a leader. The company's work in this field is powering strong financial results. In the second quarter of its fiscal year 2026, the company's net revenue increased 48% year over year to $22.2 billion, while its adjusted earnings per share rose 54% to $2.44. Broadcom also posted free cash flow of $10.3 billion, up 60% compared to the prior-year quarter.
Given the developments mentioned above, it seems likely that Broadcom will see sustained demand for its products through the foreseeable future. Importantly, the company has secured a deal with Alphabet to design its TPUs through 2031. Broadcom also has a partnership with Meta Platforms (META 0.13%) to help develop its Meta Training and Inference Accelerator AI chips; this deal will run through 2029. It's reasonable to think that Broadcom may sign similar agreements with other corporations in the future.
What does all of this mean for investors? Broadcom remains well-positioned to ride the wave of the AI chip industry, which should grow at a good clip over the next few years, at least, and the company may see outstanding returns along the way. Also, the recent post-earnings dip represents a buying opportunity, considering Broadcom still hasn't fully recovered. Interested investors should seriously consider purchasing the company's shares before it's too late.
Prosper Junior Bakiny has positions in Alphabet, Amazon, Meta Platforms, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Broadcom, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy.
Few artificial intelligence (AI) semiconductor stocks have had a better run than Broadcom (AVGO 3.06%) during this current bull market. The stock has posted an average annualized return of 67% over the past three years, which stacks up favorably with Nvidia, Intel, Advanced Micro Devices, and other leading chipmakers.
Broadcom stock dropped about 15% in the first quarter due to its high valuation and concerns about margin compression heading into the year.
But since April, it spiked 55% to reach $481 per share on June 2, leading up to the second-quarter earnings release on June 3. But since then, the stock has plummeted 21% to $380 as of June 23.
Image source: Getty Images.
Shares fell despite a strong earnings report that saw sales surge 48% year over year to a record $22.2 billion. Its AI chip revenue jumped 143% to $10.8 billion, driven by demand for AI accelerators and AI computing. That AI revenue is anticipated to rise 200% in the fiscal third quarter to $16 billion.
It raises the question: Why has Broadcom's stock tanked since earnings were released?
Is Broadcom stock a buying opportunity? Often, when there's a sell-off like this for a high-performing company, investors are taking profits after a big run when the valuation has skyrocketed. Broadcom stock had risen 55% in two months leading up to the fiscal second-quarter earnings release, and its price-to-earnings ratio (P/E) had spiked to 81, up from 69 in late January.
There were also some concerns that its AI semiconductor revenue projections for the third quarter missed analysts' estimates. The 200% increase to $16 billion was apparently not enough, as analysts had expected $17 billion.
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In addition, Broadcom guided for slightly lower margins in the third quarter, with the gross margin targeted at 74%, down from 77% in the second quarter, as management said on the second-quarter earnings call. And the quarter's margin was also down year over year.
This is mainly due to a changing product mix, as lower-margin but faster-growing AI chips make up a larger portion of overall revenue. So Broadcom is bringing in tons more revenue, but at slightly lower margins, which will eventually find its level.
The broader concern is valuation: when a stock trades at such high multiples, compressed margins become a bigger issue and make it harder to justify them.
But in the long term, Broadcom stock has a low five-year price-to-earnings-to-growth ratio of 0.68, indicating it is a value stock based on its earnings expectations. And in the nearer term, its forward P/E during this sell-off has dropped to a more reasonable 32, from 37 a few months ago.
Ultimately, this sell-off creates a great opportunity to buy one of the leading AI stocks at a discount.
Dave Kovaleski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Broadcom, Intel, and Nvidia. The Motley Fool has a disclosure policy.
Broadcom delivered solid Q2 FY26 results, but investors expected stronger revenue and earnings growth to justify its valuation. The company's diversification efforts have reduced the risk associated with Customer Owned Tooling. Broadcom formed an AI XPV financing platform in partnership with Apollo and Blackstone to finance Frontier Model companies' purchases of Broadcom's AI chips and networking equipment.
For good reason, investors have come to see Broadcom NASDAQ: AVGO as a clear leader in the artificial intelligence semiconductor market. The company’s AI semiconductor revenue jumped 143% year-over-year (YOY) in its latest quarter to $10.8 billion, or 49% of total sales. Notably, Broadcom is still far behind in AI chip sales versus NVIDIA NASDAQ: NVDA, whose data center revenue came in at an astonishing $75.2 billion.
Broadcom Today
$380.15 -11.98 (-3.06%)
As of 06/23/2026 04:00 PM Eastern
52-Week Range$258.77▼
$495.00Dividend Yield0.68%
P/E Ratio63.36
Price Target$493.24
Despite this, Broadcom remains well ahead of other AI chip companies like Advanced Micro Devices NASDAQ: AMD and Intel NASDAQ: INTC. Broadcom’s AI chip revenue was $5 billion higher than AMD’s Q1 2026 data center sales of $5.8 billion. Meanwhile, AI chip sales were more than double Intel’s Data Center and AI (DCAI) revenue of $5.1 billion. Broadcom expects a huge acceleration next quarter, guiding for AI semiconductor growth of over 200% YOY to $16 billion.
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However, a key part of Broadcom’s business sometimes gets overlooked, given the massive attention AI chips garner. That business is infrastructure software, anchored by VMware. For investors, this is a critical part of Broadcom’s business to understand, as AI is far from the only place Broadcom expects to drive growth.
Infrastructure Software: A Large Chunk of Broadcom’s BusinessBroadcom’s revenue breakdown shows why infrastructure software is a key part of its business and why investors need to stay aware of it. In its Q2 fiscal year 2026 (FY2026), infrastructure software generated $7.2 billion in revenue. This was equal to a very significant 32% of its $22.2 billion in total revenue. (Note that Broadcom’s fiscal reporting period is slightly ahead of the standard reporting period used by many companies.)
Nonetheless, all eyes are on AI chips, as this is where Broadcom is generating the vast majority of its growth. For perspective, infrastructure software revenues grew just 1% YOY two quarters ago and 9% YOY last quarter.
Thus, this segment's growth has fallen considerably compared to fiscal year 2025, when infrastructure software sales posted impressive growth of 26% YOY. This was largely due to the extensive price increases Broadcom implemented after buying VMware. Given this dynamic, there has been a narrative that Broadcom has exhausted price-increase-driven growth and that software sales growth may stagnate again. However, Broadcom’s latest commentary strongly pushed back on this idea.
Broadcom Forecasts Highest Software Growth in Over a YearIn Q3 FY2026, Broadcom expects a very significant reacceleration in software growth. The company projects sales of $8.9 billion, or an increase of 31% YOY. Notably, this would mark the company’s fastest software growth rate since the beginning of 2025.
Even more telling were CEO Hock Tan’s comments about software going forward. Tan said, “As you can see, in Q3, we're seeing an accelerated growth, and we expect that to continue, I guess, for the next multiple quarters as this demand picks up.” It is unclear whether this means Tan expects growth to accelerate beyond 31% in the future. However, at the very least, Tan is pointing to stronger growth than the recent single-digit figures.
Tan also provided a very confident answer to the one analyst question that was specifically about software. Citigroup analyst Atif Malik asked, “Are you guys seeing any impact of AI, agentic AI, on your software growth and renewals? And if you can just talk about some sort of long-term growth for that business.”
This question pokes at a fear that has shaken many software stocks: AI-driven disruption. Tan responded, “Well, we're not seeing it… We do not expect to see any impact on software products.” Here, Tan is clearly saying that he is not seeing a negative impact from AI on software sales and does not expect to going forward. Much of this rationale stems from VMware's tight integration with computing hardware. VMware directly helps manage the allocation of computing resources, making displacement difficult. Additionally, the proliferation of AI requires more computing resources. In turn, this should increase the importance of managing those resources, the exact service VMware provides.
Broadcom’s Software Segment: A Solid Supplement to Hyper-Growth AI ChipsBroadcom’s software business is not only large, but the company also expects it to grow strongly going forward. Meanwhile, there are solid reasons to believe that AI is positive for its software business, rather than a clear threat. To top it all off, this segment is extremely profitable. It generated a gross margin of 93% last quarter, and the operating margin rose 310 basis points YOY to 79%. Overall, Broadcom’s undeniably strong AI semiconductor business is far from the only reason to have confidence in this stock’s outlook.
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Broadcom (AVGO) remains a STRONG BUY, with a base case price target of $583 and a projected 53% upside from current levels. AVGO's AI revenue trajectory is secured by multi-year contracts, with FY27 AI revenues expected to exceed $100 billion and significant order book visibility through 2028. The company's near-monopoly in AI networking silicon and underappreciated networking business are key drivers, supporting durable growth beyond custom silicon.
U.S. Global Investors (NASDAQ:GROW) said falling oil prices are providing a boost to airline stocks, pointing to gains in Delta Air Lines and United Airlines as carriers benefit from steady travel demand and lower fuel costs.
The investment advisory firm, which specializes in gold mining stocks and the airline industry, said oil prices trading below their 50-day moving average has historically signaled easing inflationary pressure and improving cost structures, particularly in commercial aviation. That technical breach has coincided with renewed optimism around airline profitability.
"We have long believed in the resilience of global air travel and the opportunities created by commodity cycles," said Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors (NASDAQ:GROW). "When oil prices drop below the 50-day moving average, it serves as a clear positive signal for tactical investors and traders. We see genuine fundamental improvement ahead, not just short-term sentiment."
The company tracks these dynamics through its specialized funds and Smart Beta 2.0 quantitative investment strategy. Its U.S. Global Jets ETF (NYSE: JETS) provides investors exposure to the global airline industry, including airline operators, manufacturers, and online travel agencies.
Separately, U.S. Global Investors (NASDAQ:GROW)' Board of Directors approved continued payment of monthly dividends of $0.0075 per share for July, August and September 2026. Based on the company's closing share price of $2.91 on June 16, 2026, the dividend represents an annualized yield of approximately 3.1%.
BHP Group Ltd (LSE:BHP, ASX:BHP) shares saw their largest one-day drop in 14 months on Friday after the miner disclosed a US$2.3 billion write-down tied to its Jansen potash project in Saskatchewan, Canada, citing higher costs and schedule delays.
Shares of the Melbourne-based company fell 5.6% in Sydney trading to about $61 following the announcement, made late on Thursday.
BHP said the second phase of the Jansen mine development is now expected to cost US$6.9 billion, up from a previous estimate of US$4.9 billion, after completing a review of the project.
First production from the expansion is now expected toward the end of 2031.
The company said the impairment reflects increased capital requirements and revised cost forecasts for the project.
Analysts at Jefferies wrote that while another increase in Jansen spending had been anticipated because BHP had previously indicated the estimates were under review, the latest revision was larger than expected and "still unhelpful," particularly given what they described as a weak outlook for potash markets in the foreseeable future.
Jefferies noted that the latest adjustment marks the third upward revision to Jansen's development costs in less than a year and brings cumulative committed investment in the project to roughly US$19.8 billion. The firm wrote that execution risks remain because about 84% of Stage 2 construction work is still ahead.
The analysts estimated the revised spending guidance would reduce their net asset value estimate for BHP by 1.1% and reiterated a ‘Hold’ rating on the stock, writing that they see better value opportunities elsewhere in the mining sector.
Jansen is a key part of BHP's strategy to expand its exposure to potash, a crop nutrient used in fertilizer production. Stage 1 of the project remains on track for first production in mid-2027, according to Jefferies.
TOKYO, June 18, 2026 /PRNewswire/ -- Honda Motor Co., Ltd. (NYSE: HMC) has filed with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2026. Honda's annual report on Form 20-F can be accessed from following web site addresses;
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features 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, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best 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 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 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 ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
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.
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.
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: Honda Motor (HMC - Free Report) Honda Motor Co., Ltd. is a leading manufacturer of automobiles and the largest producer of motorcycles in the world. The company is recognized internationally for its wide variety of products, ranging from small general-purpose engines to specialty sports cars, which incorporate its efficient internal combustion engine technologies. Honda operates through four business segments:
HMC is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 28.34; value investors should take notice.
For fiscal 2027, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.22 to $0.93 per share. HMC boasts an average earnings surprise of +90.2%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, HMC should be on investors' short list.
QS stock is moving. See the chart and price action here. Last week, QuantumScape and Honda announced a joint research program focused on solid-state battery development and the associated manufacturing processes.
Honda executive Atsushi Ogawa highlighted "a range of applications, including automotive," which signals a broader vision for QuantumScape’s solid-state battery platform.
The phrasing suggests Honda doesn’t see this as a single-product bet, but as a technology it can slot across multiple business lines.
Other ApplicationsHonda already operates far outside four-wheel passenger vehicles. The company sells motorcycles, scooters, generators, industrial equipment, power tools, marine engines and energy solutions.
A solid-state battery platform with high energy density, fast charging and strong safety characteristics could become a differentiator across several of those categories.
Industrial settings care about uptime and reliability, so rugged solid-state packs could improve total cost of ownership for customers that run equipment hard and often.
Stationary storage is another obvious candidate inside Honda’s ecosystem. The company already plays in backup power and distributed energy, pairing engines, inverters and control systems.
Solid-state packs integrated into stationary systems could cut maintenance, improve safety in constrained indoor spaces, and deliver higher usable energy per footprint.
Small mobility and two-wheelers may offer some of the most attractive proving grounds. Honda dominates global motorcycle and scooter markets, especially in regions where charging infrastructure and grid stability remain challenges.
Electric scooters or motorcycles using solid-state packs could achieve better packaging, lower weight, and faster top-ups, even if absolute range remains moderate. These vehicles also operate at smaller pack sizes, which fits QuantumScape’s current stage where volumes are limited and cell costs remain high.
Looking AheadPositioning QuantumScape as a platform technology provider aligns well with Honda’s multi-domain strategy.
Rather than waiting for one big flagship electric car launch in the early 2030s, Honda could roll out QuantumScape-based packs in a series of higher-margin, lower-volume products first.
Early, smaller-volume deployments will allow Honda and QuantumScape to debug manufacturing processes, refine pack integration and generate safety data before committing to mass-market EVs.
Each successful niche program reduces perceived platform risk for QuantumScape, even if unit numbers stay modest at first.
For markets that trade on milestones and credibility as much as current revenue, early wins could carry outsized weight for QuantumScape.
QS Stock Price Activity: QuantumScape stock was down 0.62% at $7.99 at the time of publication Monday, according to Benzinga Pro.
Over the past month, QS has declined about 7% versus a 0.3% decline in the S&P 500 and is down roughly 26% year-to-date compared to the index’s 9% gain. The stock has a 52-week range of $4.16 to $19.06.
Photo courtesy of QuantumScape Corp.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
Honda agrees to a deal with battery-tech company QuantumScape.
Honda Makes Surprise Bet on Solid-State Batteries With New Research Deal Why solid-state? Honda's wider electrification picture Honda R&D, the independent research and development arm of Honda Motor Company, has signed a multiyear joint research agreement with California-based battery technology company QuantumScape. The deal, announced Thursday, is focused on developing and manufacturing solid-state battery cells.
The agreement follows Honda's review of QuantumScape's technology, providing an important vote of confidence in the company's solid-state battery efforts.
Why solid-state?Solid-state batteries are often viewed as one of the most promising advances in next-generation energy storage. They could allow electric vehicles to travel farther, charge more quickly and operate more safely than those using today's lithium-ion batteries. The potential uses go beyond electric vehicles. The technology could also help power AI data centers, aircraft and defense systems.
Not every solid-state battery claim has gone unchallenged. Earlier this year, Finnish startup Donut Lab attracted attention after announcing what it described as the world's first production-ready solid-state battery. But battery researcher Ryan Inis Hughes, who publishes on YouTube as Ziroth, questioned that claim, arguing that the cell appears to rely on conventional lithium-ion chemistry rather than the sodium-ion solid-state design the company implied.
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QuantumScape kicked off pilot production of its 5-amp-hour QSE-5 solid-state cell earlier this year at its San Jose, California, headquarters.
Antuan Goodwin/CNETQuantumScape, by contrast, appears to have stronger validation for its technology. An existing deal licensing its technology to PowerCo SE, the battery company of the Volkswagen Group, gave the company its first major automotive alignment. Honda's more recent evaluation and research agreement reinforces the appearance that its technology is holding up under serious scrutiny.
"QS technology demonstrated compelling and unique advantages during our evaluation," Atsushi Ogawa, chief operating officer of Honda R&D, said in a statement accompanying the announcement. "We see potential for QS technology to add value across a range of applications, including automotive, and we are excited to move forward into the next phase of our partnership."
The deal is a meaningful step toward solid-state battery tech reaching consumer cars. Earlier this year, QuantumScape opened its Eagle Line pilot facility at its Silicon Valley headquarters. The facility will produce QSE-5 solid-state battery samples for partner evaluations and serve as a blueprint for large-scale manufacturing before customers such as Honda commit to licensing the technology.
Honda's wider electrification pictureThe agreement comes at an unexpected moment. Earlier this year, Honda pulled back on several high-profile North American EV initiatives, including the Zero Saloon and SUV concepts, the Acura RSX SUV, and its Afeela collaboration with Sony Honda Mobility.
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Earlier this year, Honda took a huge loss and ended development of the upcoming 0 EV concepts and Acura RSX due to insufficient demand.
HondaHonda has reduced its near-term EV ambitions, cutting EV and software investment and lowering its 2030 global battery-electric sales target to about 20%. The company is now prioritizing hybrids, with a new wave of models planned from 2027, rather than pursuing an all-electric and fuel-cell lineup by 2040.
A representative for Honda didn't immediately respond to a request for comment.
Antuan started out in the automotive industry the old-fashioned way, by turning wrenches in a driveway and picking up speeding tickets. He now has nearly 20 years of expertise and experience behind the wheel of hundreds of cars, including electric, hybrid, plug-in hybrid, hydrogen, and traditional combustion vehicles. For each car he tests, Antuan covers more than 200 miles behind the wheel and evaluates driving dynamics; acceleration and braking performance; range; and efficiency. Antuan's goal is to use his extensive car knowledge to educate CNET readers and help with their next car-related buying decision. Whether you're EV-curious, an EV-enthusiast or a combustion-car loyalist, Antuan will bring you the unbiased advice, reviews, best lists and news you need. You can reach Antuan at [email protected]
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Antuan Goodwin Senior Writer, Electrified Cars
Antuan started out in the automotive industry the old-fashioned way, by turning wrenches in a driveway and picking up speeding tickets. He now has nearly 20 years of expertise and experience behind the wheel of hundreds of cars, including electric, hybrid, plug-in hybrid, hydrogen, and traditional combustion vehicles. For each car he tests, Antuan covers more than 200 miles behind the wheel and evaluates driving dynamics; acceleration and braking performance; range; and efficiency. Antuan's goal is to use his extensive car knowledge to educate CNET readers and help with their next car-related buying decision. Whether you're EV-curious, an EV-enthusiast or a combustion-car loyalist, Antuan will bring you the unbiased advice, reviews, best lists and news you need. You can reach Antuan at [email protected]
Expertise Nearly two decades of testing, driving, reporting on, writing about, reviewing, and editing content about electric and ICE cars. Category focus is on electrified cars, EVs, HEVs, PHEVs, ICE cars, EV infrastructure, EV chargers, EV adapters, EV news, auton Credentials
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If you have a Roth IRA, you have an emergency fund hiding in plain sight. Every dollar you personally contributed, not the growth, just your contributions, can come out anytime, at any age, with zero tax and zero penalty. No hardship paperwork. No 10% early withdrawal hit. No waiting until 59½. The Roth IRA early withdrawal rule most savers never use is the one Congress wrote into the account from day one.
The Reveal A Roth IRA is funded with money you already paid tax on. Because the IRS already got its cut, the government treats your contributions as yours to reclaim whenever you want. Pull out $4,000 next Tuesday to fix a roof, cover a deductible, or float a gap between jobs, and as long as you stay within the total you’ve put in over the years, the withdrawal is tax-free and penalty-free. Earnings are a different story, but the principal is liquid.
The Proof The mechanic is the “ordering rules” in IRC Section 408A(d)(4) and laid out in plain English in IRS Publication 590-B. Withdrawals always come out in a fixed order: regular contributions first, then conversions, then earnings. That ordering is what makes contributions reachable at any age. As Clark Howard has repeated for years on his show, “with a Roth IRA, you’re allowed to withdraw your contributions at any time. Your earnings have to stay in the plan, but your actual contributions, that’s money that you can draw in as needed.” Suze Orman puts it the same way: “You can withdraw your original contributions without tax or penalties whatsoever. It is simply the earnings that your contributions earn have to stay in there until at least 59 and a half years of age and the account has got to have been open for at least five years.”
Who Qualifies, Who Doesn’t Anyone with a Roth IRA qualifies for contribution withdrawals, regardless of age, income, or how long the account has been open. There is no five-year wait on contributions themselves. The five-year clock applies to earnings and to converted dollars. Roth 401(k) money is different: it follows pro-rata rules inside an employer plan, so you cannot cherry-pick just the contributions until you roll it to a Roth IRA. Conversions (money moved from a traditional IRA) carry their own five-year clock per conversion before they can come out penalty-free under age 59½.
How To Use It In 2026 Confirm your contribution basis. Add up every dollar you’ve personally contributed to the Roth across all years. Your custodian (Fidelity, Charles Schwab (NYSE:SCHW | SCHW Price Prediction), Vanguard) tracks this on Form 5498 filings. Max the account first. The 2026 IRA contribution limit is $7,500, with a catch-up of $1,100 if you’re 50 or older. Request a distribution of contributions only. Tell the custodian the amount; they code it as a return of basis on Form 1099-R. Report it on Form 8606 with your tax return so the IRS sees the ordering rule applied. Stop at your basis. The next dollar out is earnings, and that one is taxable and likely penalized. The Catch Three traps. First, once contributions are out, you can’t “repay” them. You can only put new money back up to that year’s $7,500 limit. Pull $30,000 of contributions, and rebuilding that base takes years. Second, the opportunity cost is brutal. With the Fed Funds rate sitting at 3.75% and the FDIC national average 12-month CD yielding just 1.65%, the tax-free compounding inside a Roth is the most valuable seat in the house. Third, touch the earnings layer before age 59½ and the five-year rule, and you owe ordinary income tax plus a 10% penalty on that slice. Track your basis carefully, and the Roth becomes the rare retirement account that doubles as an emergency reserve.
Charles Schwab (SCHW) is rated Buy with a 12-month price target of $107.80, reflecting robust growth and multiple revenue drivers. SCHW has moved past the cash-sorting cycle, posting record Q1 results: 16% revenue growth, 38% EPS growth, and a 51.4% pre-tax margin. Asset gathering remains exceptional, with $49.9B net new assets in May and total client assets reaching $13.1T, supporting accelerating fee income.
Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment.
According to a report by The Wall Street Journal, the brokerage is working with Cboe to roll out all-or-nothing options contracts that allow customers to make yes-or-no wagers on whether the S&P 500 closes above or below a specified level.
The contracts will pay a fixed cash settlement if the prediction is correct and nothing if it is not.
Although structured as options rather than futures contracts, the products function similarly to prediction markets offered by platforms such as Robinhood and Interactive Brokers.
Schwab plans to make the contracts available to customers in the coming months.
Schwab is also introducing an options product that incorporates a Cboe feature known as "the plus zone."
The feature allows traders to receive a partial payout even if their predictions are not entirely accurate and the index closes near, but not exactly at, the anticipated level.
Cboe began discussing the return of binary options contracts months ago as interest in prediction markets accelerated.
Company executives have indicated that such products could appeal to investors who have experimented with prediction markets but have not yet moved into more sophisticated options strategies.
The companies have also discussed developing contracts linked to other indexes and financial benchmarks.
However, Schwab intends to focus exclusively on events with measurable outcomes in financial markets and is not expected to offer contracts tied to sports, entertainment or other non-financial events.
The expansion comes as prediction markets have grown rapidly in popularity over the past several years.
The products gained significant attention during the 2024 US presidential election and have since evolved into an asset class that allows traders to wager on outcomes ranging from monetary policy decisions and corporate earnings to major sporting events.
The move into prediction markets comes as Schwab simultaneously adds new safeguards around another rapidly growing area of its business.
The company recently informed advisers that it is implementing tighter margin requirements for clients using long-short investment strategies.
These strategies typically combine long and short positions and use margin loans and proceeds from short sales to finance investments.
Under the new requirements, individual accounts must maintain margin debits below 110% of short credits, while the aggregate limit across all accounts using long-short strategies is set at 100%.
If the requirements are not met, Schwab said it may impose restrictions.
"If the margin call is not resolved within the required time frame, 'we may restrict new account enrollments in the strategy, execute transactions in the account to satisfy the deficiency, or take additional action to manage the exposure,' Schwab said in the notice."
The brokerage emphasized its continued support for long-short strategies.
"The changes we have recently shared with our participating RIA clients are designed to ensure the program grows and meets demand sustainably," the firm said. "With Schwab’s scale, balance sheet, and expertise behind it, Long/Short SMA Strategies on Schwab’s platform are well positioned for the long term."
Schwab introduced leverage caps and account minimums on long-short separately managed accounts in April.
The company reported margin loan balances of nearly $127 billion at the end of the first quarter.
Shares of Charles Schwab have fallen about 9% so far this year as investors monitor both the company's expansion into new trading products and its efforts to manage risks across its growing platform.
The iShares 1-5 Year Investment Grade Corporate Bond ETF provides a higher dividend yield by investing in corporate debt rather than U.S. Treasuries. Schwab Short-Term U.S. Treasury ETF offers a lower expense ratio and has experienced a significantly smaller maximum drawdown over the last five years.
Key Takeaways Charles Schwab is preparing S&P 500-linked prediction market contracts with Cboe Global.SCHW aims to attract active traders with defined-risk, fixed-payout market exposure.Schwab sees prediction markets as a way to compete as peers expand trading offerings. Charles Schwab (SCHW - Free Report) is preparing to enter the fast-growing prediction markets business, per a Wall Street Journal report. The product is designed to sit closer to traditional derivatives instead of sports, politics or pop-culture wagering.
The brokerage is working with Cboe Global Markets (CBOE - Free Report) to offer yes-or-no options tied to the S&P 500. The contracts are expected to pay a fixed cash amount if the index closes above or below a specified level and expire worthless if the outcome is not met. Schwab is also expected to use Cboe Global’s “Plus Zone” structure, which could provide partial payouts when traders are close to the final index level.
The move marks a notable shift for one of the largest U.S. brokerage platforms. Schwab had $13.14 trillion in client assets and 39.5 million active brokerage accounts as of May 31, 2026, giving any new trading product meaningful distribution. CEO Rick Wurster, during the April earnings call, indicated that Schwab would likely offer prediction markets, while drawing a clear distinction between financial outcomes and contracts linked to sports or entertainment.
This positioning matters. Prediction markets have surged as retail traders seek simpler ways to express views on macro events, elections, assets and indexes. Kalshi, Polymarket, Robinhood Markets (HOOD - Free Report) and Coinbase Global (COIN - Free Report) have helped push event-based trading into the mainstream, while Cboe Global is trying to bring the format into a regulated options-market framework.
Prediction markets are helping Robinhood and Coinbase diversify beyond equities and crypto trading. For Robinhood, they have become a fast-growing revenue driver and engagement tool, while for Coinbase, they support its “everything exchange” strategy and offer another catalyst as crypto volumes fluctuate.
Our Take on Schwab’s Prediction Markets MoveFor Schwab, the opportunity is twofold. The product could attract active traders who want defined-risk, fixed-payout exposure to broad market moves. It also helps the company defend its retail platform as peers expand into crypto, event contracts and alternative trading products.
Still, the launch will require careful risk education. Binary contracts can look simple, but their payoff profile may encourage short-term speculation. Schwab’s challenge will be to package prediction-style trading as a disciplined market tool rather than a gambling-like feature. If successful, the rollout could make prediction markets a more mainstream part of retail brokerage platforms.
Over the past six months, shares of SCHW have lost 9.3% against the industry’s growth of 5%.
Image Source: Zacks Investment Research
At present, Schwab carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Civic 50 recognition reflects how Schwab integrates service, philanthropy and financial education into its business and culture
Key Takeaways:
Schwab earns The Civic 50 recognition for the 10th consecutive year, reflecting sustained community impact driven by employee volunteerism, nonprofit partnerships, and targeted investments. Ongoing commitment to advancing financial education through programs, partnerships, and credible resources on SchwabMoneywise.com helps expand access to financial education. Over the past decade, Schwab has invested more than $100 million to advance financial literacy and support local communities, including $16.7 million in grants and 156,000 employee volunteer hours contributed in 2025. WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab was named to The Civic 50 by Points of Light for the 10th consecutive year, recognizing the firm as one of the most community-minded companies in the United States.
The Civic 50 evaluates how companies embed community engagement into their business through employee involvement, investment of resources and measurable impact. Schwab’s continued inclusion reflects a consistent, firm-wide commitment to supporting the communities where employees live and work.
Schwab’s giving mission to empower people of all backgrounds to achieve brighter futures by advancing financial literacy and strengthening communities comes to life through employee volunteerism, nonprofit partnerships, and grants and investments. Over the past decade, Schwab has invested more than $100 million to advance financial literacy and support local communities, including $16.7 million in grants and 156,000 employee volunteer hours contributed in 2025.
Advancing financial education: From day one, Schwab has been committed to helping more people build the knowledge and confidence to manage their financial lives. Through long-standing partnerships with national and local nonprofits, Schwab supports programs that teach young people practical money skills, from budgeting and saving to investing. In addition, SchwabMoneywise.com provides free, accessible financial education resources to individuals, families, and educators. Together, these efforts help address the financial education gap and expand access to tools that support long-term financial well-being. Fostering strong communities: In addition to financial education, Schwab supports a wide range of community priorities, including food security, housing, disaster response, and veteran services. Through grants, volunteer efforts, and employee-directed giving programs, Schwab supports thousands of nonprofits each year, helping organizations deliver critical services in local communities across the country. This work is shaped locally, enabling employees to support causes that matter most in the places where they live and work. Employee engagement: Schwab’s culture of service is driven by employees and sustained through companywide programs and leadership engagement. Each year, tens of thousands of employees volunteer their time, skills, and resources to support nonprofits nationwide. In 2025, nearly 13,000 employees contributed more than 156,000 hours in support of 555 nonprofits. This commitment is supported by signature volunteer and giving programs, including paid volunteer time off, charitable donation matching, and volunteer donation credits, which make it easy for employees to give back in meaningful ways. “Community impact is strongest when it’s sustained over time,” said Kristine Dixon, Executive Director of Charles Schwab Foundation. “This milestone is a reflection of what’s possible when employees, nonprofit partners, and communities come together around a shared purpose. I’m proud of the impact we've made together over the years and even more excited about the opportunities ahead to help strengthen communities and expand access to financial education for future generations.”
“Ten consecutive years on The Civic 50 is a reflection of something much bigger than any single program or initiative, it's a reflection of our people,” said Chris Wyse, Chief Corporate Affairs Officer at Charles Schwab and President and Chair of the Charles Schwab Foundation. “Tens of thousands of Schwab employees show up for their communities every year, contributing their time, skills, and resources in ways that make a real difference. That's not a corporate initiative. That's who we are."
About Charles Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients’ goals with passion and integrity. More information is available at www.aboutschwab.com. Follow us on X, Facebook, YouTube, and LinkedIn.
About Charles Schwab Foundation
Charles Schwab Foundation is an independent nonprofit public benefit corporation, funded by The Charles Schwab Corporation and classified by the IRS as a charity under section 501 c 3. Its mission is to help people of all backgrounds achieve brighter futures by advancing financial literacy and fostering stronger communities. More information is available at www.schwabmoneywise.com/foundation.
About Points of Light
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit www.pointsoflight.org.
Investors interested in stocks from the Medical - Products sector have probably already heard of Phibro Animal Health (PAHC - Free Report) and Stryker (SYK - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.
Phibro Animal Health has a Zacks Rank of #2 (Buy), while Stryker has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that PAHC has an improving earnings outlook. But this is just one piece of the puzzle for value investors.
Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
PAHC currently has a forward P/E ratio of 10.36, while SYK has a forward P/E of 20.54. We also note that PAHC has a PEG ratio of 0.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. SYK currently has a PEG ratio of 1.97.
Another notable valuation metric for PAHC is its P/B ratio of 3.57. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, SYK has a P/B of 5.14.
These are just a few of the metrics contributing to PAHC's Value grade of A and SYK's Value grade of D.
PAHC is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that PAHC is likely the superior value option right now.
Austin, TX, USA, June 18, 2026 (GLOBE NEWSWIRE) -- Healthcare Foresights has published a new research report titled “Ear Health Market Size, Trends and Insights By Component (Ear Health Devices, Hearing Aids, Behind-the-Ear (BTE), Receiver-in-the-Ear (RITE/RIC), In-the-Ear (ITE), In-the-Canal (ITC), Completely-in-Canal (CIC), Hearing Implants, Cochlear Implants, Bone-Anchored Hearing Systems, Middle Ear Implants, Diagnostic Devices, Other Devices, Tinnitus and Ear Impairment Care Supplements, Ear Infection Treatment Medication), By Technology (Digital Hearing Aids, Analog Hearing Aids), By Patient Type (Adults, Pediatric), By Distribution Channel (Audiology Centers, ENT Clinics, Hospitals, E-Commerce and Online Platforms, Retail and Pharmacy Outlets), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2026 – 2035” in its research database.
According to the latest research study, the global Ear Health Market size and share was valued at approximately USD 10.12 billion in 2025, is expected to reach USD 10.82 billion in 2026, and is projected to reach around USD 16.87 billion by 2035, with a compound annual growth rate (CAGR) of about 5.7% during the forecast period from 2026 to 2035.
Click Here to Access a Free Sample Report of the Global Ear Health Market @ https://www.healthcareforesights.com/request-sample?reportId=1009
Ear Health Market Revenue and Trends
The ear health market worldwide strives to enhance ear and hearing conditions using medical equipment, medications, and preventive treatment. The ear health market is increasing at a high pace, owing to high rates of hearing loss, the upward trend in the population of elderly people, and the rise in the degree of exposure to environmental noise, as well as the advancements in hearing devices, diagnostic technologies, and non-invasive treatment approaches in the medical system of the entire world.
Request a Customized Copy of the Ear Health Market Report @ https://www.healthcareforesights.com/request-customization?reportId=1009
What are the factors that significantly contribute to the growth of the ear health market?
The growing demand for ear health products has been triggered by the fact that more people are getting exposed to high levels of noise pollution through urbanization, industrialization and the use of personal listening devices that have increased the number of individuals with hearing impairment, tinnitus and chronic ear infections. According to statistics released by Johns Hopkins University approximately 1 out of every 3 adults aged 65 to 74 years is deafened. The population that has attained 65 years and above is continuously rising and therefore more patients will be in need of hearing aids, implantation and follow-up care for their ears.
Technological progress has also given us the artificial intelligence-powered hearing aids, online audiology tools, tele-audiology, and minimally invasive surgery that have significantly improved the results of treatments and their compliance by the patients. The other factors that have contributed to the development of this market are the heightened awareness of healthcare and access to ENT services and government-funded screening and rehabilitation of hearing in the developed and developing parts of the world.
(A free sample of the Ear Health report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
The updated report for 2026 includes an introduction, an overview, and an in-depth industry analysis.Provide detailed chapter-by-chapter guidance on the Request.Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2026.Includes updated tables and figures.The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis. Healthcare Foresights (HEALTHCARE FORESIGHTS). Request a Customized Copy of the Ear Health Market Report @ https://www.healthcareforesights.com/reports/ear-health-market
Segment Insight
By Product Type
By products, the percentage of the Ear Health market dominated by hearing health related products recorded the highest proportion by far as of 2025 due to a rise in the demand of Hearing aids, Diagnostic audiology equipment, and Implant hearing solutions, as all of these have a significant role in the initial diagnosis, treatment, and management of hearing Impairment, with the Digital Hearing Aids having a further significant impact due to further Innovation in Digital Hearing Aids and Hearing Implant Products (Digital Hearing Aids have been mentioned by a number of users as the most effective tool).
By Distribution Channel
The biggest market share is within the Audiology Centers which are provided as the main Assessment Hub of hearing and the center of choice in the placement of devices and follow up. Audiology Centers have become the preferred choice for those wishing to help patients with hearing loss and chronic ear conditions, as these centers offer professional knowledge and expertise.
Request a Customized Copy of the Ear Health Market Report @ https://www.healthcareforesights.com/reports/ear-health-market
Key questions answered in this report:
What is the size of the Ear Health market, and what is its expected growth rate?What are the primary driving factors that push the Ear Health market forward?What are the Ear Health Industry's top companies?What are the different categories that the Ear Health Market caters to?What will be the fastest-growing segment or region?In the value chain, what role do key players play?What is the procedure for getting a free copy of the sample report on Ear Health and company profiles? Buy Now the Ear Health Market Report @ https://www.healthcareforesights.com/checkout/1009
Key Offerings:
Market Share, Size & Forecast by Revenue | 2026−2035Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading TrendsMarket Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regionsCompetitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Ear Health Research Report | Fast Delivery Available - [220+ Pages] @ https://www.healthcareforesights.com/reports/ear-health-market
Regional Insights
As a result of the availability of a well-established health care system, increased awareness of hearing wellness, and a more open attitude toward the use of more advanced hearing aids, North America controls the ear health marketplace in the world. The reimbursement systems in North America are also effective and there is high accessibility to audiology and ENT. Moreover, North America implemented AI-powered and other digital technologies earlier than other regions around the globe. This situation, along with the presence of major industry players in the region and ongoing product development and innovation, further strengthens North America's dominance.
In addition, the ear health market is experiencing the fastest growth in the Asia Pacific region due to the large number of patients, the growth in noise-induced hearing loss, and the growing rate of development of the healthcare infrastructure. It has been witnessed that the use of hearing aids and ear care products in China, India and Japan has been on the rise since the countries have become more affordable, there is more awareness of hearing among the people and also the government is encouraging the use of hearing screening programs. The progress in urbanization, industrialization, and the accelerated pace of digital health adoption in this area will help this market grow rapidly in the Asia Pacific region.
Request a Customized Copy of the Ear Health Market Report @ https://www.healthcareforesights.com/reports/ear-health-market
We customize your report to align with your specific research requirements. Inquire with our sales team about customizing your report.)
Still Looking for More Information? Do you want data for inclusion in magazines, case studies, research papers, or media?
Browse the full “Ear Health Market Size, Trends and Insights By Component (Ear Health Devices, Hearing Aids, Behind-the-Ear (BTE), Receiver-in-the-Ear (RITE/RIC), In-the-Ear (ITE), In-the-Canal (ITC), Completely-in-Canal (CIC), Hearing Implants, Cochlear Implants, Bone-Anchored Hearing Systems, Middle Ear Implants, Diagnostic Devices, Other Devices, Tinnitus and Ear Impairment Care Supplements, Ear Infection Treatment Medication), By Technology (Digital Hearing Aids, Analog Hearing Aids), By Patient Type (Adults, Pediatric), By Distribution Channel (Audiology Centers, ENT Clinics, Hospitals, E-Commerce and Online Platforms, Retail and Pharmacy Outlets), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2026 – 2035” Report at https://www.healthcareforesights.com/reports/ear-health-market
Report Scope
Feature of the ReportDetailsMarket Size in 2026USD 10.82 billionProjected Market Size in 2035USD 16.87 billionMarket Size in 2025USD 10.12 billionCAGR Growth Rate5.7% CAGRBase Year2025Forecast Period2026-2035Key SegmentBy Component, Technology, Patient Type, Distribution Channel and RegionReport CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent TrendsRegional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central AmericaBuying OptionsRequest tailored purchasing options to fulfil your requirements for research. Recent Developments
In August 2024: Sonova launched the Phonak Audéo Sphere, the world's first hearing aid featuring a dedicated AI chip for real-time speech enhancement in noise, along with advanced remote fitting and health monitoring capabilities. (Source: Sonova) Click Here to Access a Free Sample Report of the Global Ear Health Market @ https://www.healthcareforesights.com/reports/ear-health-market
Spectacular Deals
Comprehensive coverageMaximum number of market tables and figuresThe subscription-based option is offered.Best price guaranteeFree 35% or 60 hours of customization.Free post-sale service assistance.25% discount on your next purchase.Service guarantees are available.A personalized market brief by the author. Browse More Related Reports:
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List of the prominent players in the Ear Health Market:
Sonova Holdings AGGN Store Nord A/SWilliam Demant Holdings A/SStarkey Laboratories Inc.WS AudiologyCochlear LimitedMED-ELEargo Inc.Audina Hearing Instruments Inc.Rion Co. Ltd.Others The Ear Health Market is segmented as follows:
By Component
Ear Health Devices Hearing Aids Behind-the-Ear (BTE)Receiver-in-the-Ear (RITE/RIC)In-the-Ear (ITE)In-the-Canal (ITC)Completely-in-Canal (CIC) Hearing Implants Cochlear ImplantsBone-Anchored Hearing SystemsMiddle Ear Implants Diagnostic DevicesOther Devices Tinnitus and Ear Impairment Care SupplementsEar Infection Treatment Medication By Technology
Digital Hearing AidsAnalog Hearing Aids By Patient Type
AdultsPediatric By Distribution Channel
Audiology CentersENT ClinicsHospitalsE-Commerce and Online PlatformsRetail and Pharmacy Outlets Click Here to Get a Free Sample Report of the Global Ear Health Market @ https://www.healthcareforesights.com/reports/ear-health-market
Regional Coverage:
North America
U.S.CanadaMexicoRest of North America Europe
GermanyFranceU.K.RussiaItalySpainNetherlandsRest of Europe Asia Pacific
ChinaJapanIndiaNew ZealandAustraliaSouth KoreaTaiwanRest of Asia Pacific The Middle East & Africa
Saudi ArabiaUAEEgyptKuwaitSouth AfricaRest of the Middle East & Africa Latin America
BrazilArgentinaRest of Latin America This Ear Health Market Research/Analysis Report Provides Answers to the Following Questions.
Which Trends Are Causing These Developments?Who Are the Global Key Players in This Ear Health Market? What are the company profiles, product information, and contact details for these key players?What Was the Global Market Status of the Ear Health Market? What Was the Capacity, Production Value, Cost, and PROFIT of the Ear Health Market?What Is the Current Market Status of the Ear Health Industry? What's the market's competition in this industry, both company-wise and country-wise? What is the market analysis of the ear health market, considering applications and types?What Are the Projections for the Global Ear Health Industry Considering Capacity, Production, and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be the Market Share, Supply, and Consumption? What about imports and exports?What is an Ear Health market chain analysis of upstream raw materials and downstream industries?What is the economic impact on the Ear Health industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?What Are the Market Dynamics of the Ear Health Market? What Are Challenges and Opportunities?What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for the Ear Health Industry? Click Here to Access a Free Sample Report of the Global Ear Health Market @ https://www.healthcareforesights.com/reports/ear-health-market
Reasons to Purchase Ear Health Market Report
The Ear Health Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.Ear Health The Market report outlines market value (USD) data for each segment and sub-segment.This report indicates the region and segment expected to witness the fastest growth and dominate the market.Ear Health Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market in each region.The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.Extensive company profiles comprise a company overview, company insights, product benchmarking, and SWOT analysis for the major market players.Recent developments, including growth opportunities and drivers, as well as challenges and restraints in both emerging and developed regions, shape the industry's current and future market outlook.Ear Health Market: Includes in-depth market analysis from various perspectives through Porter's five forces analysis and offers an overview of the market through the value chain. Reasons for the Research Report
The study provides a thorough overview of the global Ear Health market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established leaders drive market growth. Buy this Premium Ear Health Research Report | Fast Delivery Available - [220+ Pages] @ https://www.healthcareforesights.com/reports/ear-health-market
What does the report include?
Drivers, restrictions, and opportunities are among the qualitative elements covered in the global analysis of the Ear Health market. The report covers the competitive environment of current and potential participants in the Ear Health market, along with their strategic product development ambitions. This study conducts a qualitative and quantitative analysis of the Ear Health market based on the component, application, and industry vertical. Additionally, the report provides comparable data for the key regions. The report provides actual market sizes and forecasts for each segment mentioned above. Who should buy this report?
Participants and stakeholders in the worldwide Ear Health market should find this report useful. The research will be useful to all market participants in the Ear Health industry. Managers in the Ear Health sector are interested in publishing up-to-date and projected data about the worldwide Ear Health market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Ear Health products' market trends. Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop plans. Request a Customized Copy of the Ear Health Market Report @ https://www.healthcareforesights.com/reports/ear-health-market
About Healthcare Foresights:
Healthcare Foresights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies, regularly working towards sustainable growth in their respective domains.
Healthcare Foresights is a one-stop solution for data collection and investment advice. Our company's expert analysis digs out essential factors that help us understand the significance and impact of market dynamics. The professional experts advise clients on aspects such as strategies for future estimation, forecasting, opportunities to grow, and consumer surveys.
First Majestic Silver (AG) is rated a buy, driven by surging cash flow from higher silver prices and upcoming gold production at Jerritt Canyon. Q1 2026 saw realized silver prices of $86.35/oz, propelling non-GAAP EPS to $1.13 annualized and a forward P/E of 15.98, slightly below sector median. Jerritt Canyon, reopening in the second half of 2026, is expected to add over 100,000 oz gold annually, diversifying AG's revenue and reducing silver price risk.
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre") and First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) ("First Majestic", and together with Sierra Madre, the "Parties") are pleased to announce that, pursuant to the share purchase agreement dated December 17, 2025 (the "Share Purchase Agreement") between Sierra Madre and First Majestic, Sierra Madre has completed its previously announced acquisition (the "Acquisition") of First Majestic Del Toro, S.A. de C.V. ("Subco"), a wholly-owned subsidiary of First Majestic incorporated under the laws of Mexico that holds a 100% interest in the Del Toro Silver Mine ("Del Toro"), as described in further detail in Sierra Madre's and First Majestic's news releases dated December 17, 2025 and Sierra Madre's management information circular dated March 24, 2026 (the "Circular"). All amounts herein are expressed in Canadian dollars, unless otherwise stated in U.S. dollars ("US$").
Alex Langer, Sierra Madre's President and Chief Executive Officer, commented, "The acquisition of Del Toro marks an important step for Sierra Madre Gold and Silver as we advance towards mid-tier silver production. A past-producing asset of this scale is a complementary addition to our Mexico-focused silver portfolio. With existing production infrastructure in place, our focus now turns to near-term resource expansion drilling, with approximately 30,000 metres planned. This program is expected to support an updated Mineral Resource estimate, followed by a potential mine restart, positioning the asset for a return to cash flow generation. We see significant upside at Del Toro, both from resource growth and restart potential. We are excited to get boots on the ground at Del Toro and wish to thank First Majestic for their continued support and trust."
Under the terms of the Share Purchase Agreement, and as further described in the Circular, Sierra Madre acquired all of the issued and outstanding shares of Subco in exchange for a cash payment of US$20,000,000 and the issuance to First Majestic of 10,870,000 common shares of Sierra Madre (the "Common Shares") at a deemed price of $1.30 per Common Share, with each occurring at closing. In addition, within 18 months of closing the Acquisition, Sierra Madre must pay First Majestic US$10,000,000 in cash or, at Sierra Madre's option, Common Shares at a price per Common Share equal to the market price (as determined in accordance with the policies of the TSX Venture Exchange (the "TSXV")) on the day prior to issuance of the Common Shares, subject to a maximum of 10,575,385 Common Shares, provided that if the aggregate deemed value (based on the market price of the Common Shares on the day prior to issuance) of the maximum number of Common Shares does not equal US$10,000,000, the remaining balance will be paid in cash.
The Share Purchase Agreement also sets out the following future milestone-related payments:
if, within 48 months of closing the Acquisition, Sierra Madre files a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report over any or all of Del Toro that demonstrates "mineral resources" (as defined in NI 43-101) of at least 100 million ounces ("Moz") silver equivalent ("AgEq") or Sierra Madre issues a news release announcing "mineral resources" of at least 100 Moz AgEq (whichever occurs earlier), Sierra Madre must pay First Majestic an additional US$10,000,000 in cash or, at Sierra Madre's option, Common Shares at a price per Common Share equal to the market price (as determined in accordance with the policies of the TSXV) on the day prior to issuance of the Common Shares, subject to a maximum of 10,575,385 Common Shares, provided that if the aggregate deemed value (based on the market price of the Common Shares on the day prior to issuance) of the maximum number of Common Shares does not equal US$10,000,000, the remaining balance will be paid in cash; andif, within 60 months of closing the Acquisition, Sierra Madre achieves commercial production at Del Toro of at least 4,000 tonnes per day ("tpd") for 30 consecutive days, Sierra Madre must pay First Majestic an additional US$10,000,000 in cash or, at Sierra Madre's option, Common Shares at a price per Common Share equal to the market price (as determined in accordance with the policies of the TSXV) on the day prior to issuance of the Common Shares, subject to a maximum of 10,575,385 Common Shares, provided that if the aggregate deemed value (based on the market price of the Common Shares on the day prior to issuance) of the maximum number of Common Shares does not equal US$10,000,000, the remaining balance will be paid in cash.All Common Shares issued to First Majestic in connection with the Acquisition will be subject to a hold period ending on the date that is four months and one day following the date of issuance of the Common Shares. In addition, First Majestic has agreed to the following contractual resale restrictions on all such Common Shares issued:
Release DatesProportion of Total Escrowed Securities to
be ReleasedDecember 19, 202625%June 19, 202725%December 19, 202725%June 19, 202825%As First Majestic is an insider of the Company, the Acquisition is a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Sierra Madre relied on the exemption from the requirement of a formal valuation for the Acquisition pursuant to subsection 5.5(b) of MI 61-101 as its Shares are not listed on a specified market. Sierra Madre was not exempt from the minority shareholder approval requirements in MI 61-101, and the Acquisition was approved by a simple majority of the votes cast at the Siera Madre's special meeting of shareholders held on April 28, 2026 excluding, for the purposes of MI 61-101, votes attached to Shares held by First Majestic or any other persons described in items (a) through (d) of Section 8.1(2) MI 61-101. For further details, please refer to the management information circular dated March 24, 2026 available on Sierra Madre's website at www.sierramadregoldandsilver.com and on Sierra Madre's profile on SEDAR+ at www.sedarplus.ca.
Concurrent Financing
Concurrent with the Acquisition, Sierra Madre completed a brokered private placement offering of subscription receipts of Sierra Madre (the "Subscription Receipts") at a price of $1.30 per Subscription Receipt (the "Concurrent Financing") pursuant to an agency agreement dated January 14, 2026 (the "Agency Agreement") among Sierra Madre, Beacon Securities Limited ("Beacon"), as lead agent and sole bookrunner, and a syndicate of agents including Canaccord Genuity Corp., BMO Capital Markets and VSA Capital Limited (together with Beacon, the "Agents").
In connection with the Concurrent Financing, Sierra Madre issued an aggregate of 44,231,300 Subscription Receipts for aggregate gross proceeds of $57,500,690, including the full exercise of the Agents' option, in two tranches: (i) on January 14, 2026, Sierra Madre closed the first tranche and issued 30,521,724 Subscription Receipts for aggregate gross proceeds of $39,678,241; and (ii) on January 30, 2026, Sierra Madre closed the second and final tranche and issued 13,709,576 Subscription Receipts for aggregate gross proceeds of $17,822,449.
Each Subscription Receipt was deemed to be exercised, without payment of any additional consideration, for one Common Share immediately prior to closing of the Acquisition. Sierra Madre used the net proceeds of the Concurrent Financing to fund the completion of the Acquisition and intends to use the remainder of the net proceeds for exploration and development of Del Toro and for general working capital purposes.
Early Warning Disclosure
Pursuant to the terms of the Share Purchase Agreement, upon closing of the Acquisition, First Majestic acquired 10,870,000 Common Shares at a deemed price of $1.30 per Common Share.
Immediately prior to closing of the Acquisition, First Majestic beneficially owned or controlled 51,563,076 Common Shares of Sierra Madre, representing approximately 26.18% of the issued and outstanding Common Shares on a non-diluted basis.
As a result of the Acquisition, First Majestic now beneficially owns or controls a total of 62,433,076 Common Shares representing approximately 24.77% of the issued and outstanding Common Shares as of the date of this news release on a non-diluted basis.
The Common Shares acquired by First Majestic are for investment purposes. First Majestic has no current intention to enter into any of the transactions listed in clauses (a) to (k) of item 5 of Form 62-103F1 of National Instrument 62-103 The Early Warning System and Related Take-over Bid and Insider Reporting Issues ("NI 62-103"), but in the future First Majestic may acquire or dispose of securities of Sierra Madre depending on market conditions, reformulation of plans and/or other relevant factors, in each case in accordance with applicable securities laws.
This news release and First Majestic's corresponding early warning report (the "Early Warning Report"), which is expected to be filed on SEDAR+ in the near term, constitutes the required disclosure pursuant to section 5.2 of National Instrument 62-104 Take-Over Bids and Issuer Bids ("NI 62-104").
The Early Warning Report that will be filed on SEDAR+ will satisfy the requirement of section 5.2 of NI 62-104 to have the Early Warning Report filed by an acquiror, in this case by First Majestic, with the securities regulatory authorities in each of the jurisdictions in which Sierra Madre is a reporting issuer and which contains the information required by section 3.1 of NI 62-103, which includes the information required by Form 62-103F1.
A copy of the Early Warning Report filed by First Majestic in connection with the Acquisition will be available under First Majestic's profile on SEDAR+ website at www.sedarplus.ca.
About Sierra Madre
Sierra Madre Gold and Silver Ltd. is a precious metals development and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted underground mine, which includes a 500 tpd processing facility that operated until mid-2018 and restarted commercial production in January 2025.
The +2,600 ha Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource.
Sierra Madre's management team has played key roles in managing the exploration and development of silver and gold mineral reserves and mineral resources. Sierra Madre's team of professionals has collectively raised over $1 billion for mining companies.
On behalf of the board of directors of Sierra Madre Gold and Silver Ltd.,
"Alexander Langer"
Cautionary Note
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Parties do not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, the intended use of proceeds from the Concurrent Financing, Sierra Madre's exploration and development plans for Del Toro, Sierra Madre's general business and growth strategy and the amount of cash and number of shares received as consideration by First Majestic per the milestone payments contemplated under the Share Purchase Agreement.
In making the forward-looking statements included in this news release, the Parties have applied several material assumptions, including that Sierra Madre will have sufficient capital to fund its planned exploration and development activities at Del Toro and that there will be no material adverse changes to applicable laws, regulations or market conditions. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Parties to control or predict, that may cause Sierra Madre's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, changes in commodity prices and general economic, market and business conditions.
Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302269
Source: First Majestic Silver Corp.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2026) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre") and First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) ("First Majestic", and together with Sierra Madre, the "Parties") are pleased to announce that, pursuant to the share purchase agreement dated December 17, 2025 (the "Share Purchase Agreement") between Sierra Madre and First Majestic, Sierra Madre has completed its previously announced acquisition (the "Acquisition") of First Majestic Del Toro, S.A. de C.V. ("Subco"), a wholly-owned subsidiary of First Majestic incorporated under the laws of Mexico that holds a 100% interest in the Del Toro Silver Mine ("Del Toro"), as described in further detail in Sierra Madre's and First Majestic's news releases dated December 17, 2025 and Sierra Madre's management information circular dated March 24, 2026 (the "Circular"). All amounts herein are expressed in Canadian dollars, unless otherwise stated in U.S. dollars ("US$").
Alex Langer, Sierra Madre's President and Chief Executive Officer, commented, "The acquisition of Del Toro marks an important step for Sierra Madre Gold and Silver as we advance towards mid-tier silver production. A past-producing asset of this scale is a complementary addition to our Mexico-focused silver portfolio. With existing production infrastructure in place, our focus now turns to near-term resource expansion drilling, with approximately 30,000 metres planned. This program is expected to support an updated Mineral Resource estimate, followed by a potential mine restart, positioning the asset for a return to cash flow generation. We see significant upside at Del Toro, both from resource growth and restart potential. We are excited to get boots on the ground at Del Toro and wish to thank First Majestic for their continued support and trust."
Under the terms of the Share Purchase Agreement, and as further described in the Circular, Sierra Madre acquired all of the issued and outstanding shares of Subco in exchange for a cash payment of US$20,000,000 and the issuance to First Majestic of 10,870,000 common shares of Sierra Madre (the "Common Shares") at a deemed price of $1.30 per Common Share, with each occurring at closing. In addition, within 18 months of closing the Acquisition, Sierra Madre must pay First Majestic US$10,000,000 in cash or, at Sierra Madre's option, Common Shares at a price per Common Share equal to the market price (as determined in accordance with the policies of the TSX Venture Exchange (the "TSXV")) on the day prior to issuance of the Common Shares, subject to a maximum of 10,575,385 Common Shares, provided that if the aggregate deemed value (based on the market price of the Common Shares on the day prior to issuance) of the maximum number of Common Shares does not equal US$10,000,000, the remaining balance will be paid in cash.
The Share Purchase Agreement also sets out the following future milestone-related payments:
if, within 48 months of closing the Acquisition, Sierra Madre files a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report over any or all of Del Toro that demonstrates "mineral resources" (as defined in NI 43-101) of at least 100 million ounces ("Moz") silver equivalent ("AgEq") or Sierra Madre issues a news release announcing "mineral resources" of at least 100 Moz AgEq (whichever occurs earlier), Sierra Madre must pay First Majestic an additional US$10,000,000 in cash or, at Sierra Madre's option, Common Shares at a price per Common Share equal to the market price (as determined in accordance with the policies of the TSXV) on the day prior to issuance of the Common Shares, subject to a maximum of 10,575,385 Common Shares, provided that if the aggregate deemed value (based on the market price of the Common Shares on the day prior to issuance) of the maximum number of Common Shares does not equal US$10,000,000, the remaining balance will be paid in cash; andif, within 60 months of closing the Acquisition, Sierra Madre achieves commercial production at Del Toro of at least 4,000 tonnes per day ("tpd") for 30 consecutive days, Sierra Madre must pay First Majestic an additional US$10,000,000 in cash or, at Sierra Madre's option, Common Shares at a price per Common Share equal to the market price (as determined in accordance with the policies of the TSXV) on the day prior to issuance of the Common Shares, subject to a maximum of 10,575,385 Common Shares, provided that if the aggregate deemed value (based on the market price of the Common Shares on the day prior to issuance) of the maximum number of Common Shares does not equal US$10,000,000, the remaining balance will be paid in cash.All Common Shares issued to First Majestic in connection with the Acquisition will be subject to a hold period ending on the date that is four months and one day following the date of issuance of the Common Shares. In addition, First Majestic has agreed to the following contractual resale restrictions on all such Common Shares issued:
Release DatesProportion of Total Escrowed Securities to
be ReleasedDecember 19, 202625%June 19, 202725%December 19, 202725%June 19, 202825%As First Majestic is an insider of the Company, the Acquisition is a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Sierra Madre relied on the exemption from the requirement of a formal valuation for the Acquisition pursuant to subsection 5.5(b) of MI 61-101 as its Shares are not listed on a specified market. Sierra Madre was not exempt from the minority shareholder approval requirements in MI 61-101, and the Acquisition was approved by a simple majority of the votes cast at the Siera Madre's special meeting of shareholders held on April 28, 2026 excluding, for the purposes of MI 61-101, votes attached to Shares held by First Majestic or any other persons described in items (a) through (d) of Section 8.1(2) MI 61-101. For further details, please refer to the management information circular dated March 24, 2026 available on Sierra Madre's website at www.sierramadregoldandsilver.com and on Sierra Madre's profile on SEDAR+ at www.sedarplus.ca.
Concurrent Financing
Concurrent with the Acquisition, Sierra Madre completed a brokered private placement offering of subscription receipts of Sierra Madre (the "Subscription Receipts") at a price of $1.30 per Subscription Receipt (the "Concurrent Financing") pursuant to an agency agreement dated January 14, 2026 (the "Agency Agreement") among Sierra Madre, Beacon Securities Limited ("Beacon"), as lead agent and sole bookrunner, and a syndicate of agents including Canaccord Genuity Corp., BMO Capital Markets and VSA Capital Limited (together with Beacon, the "Agents").
In connection with the Concurrent Financing, Sierra Madre issued an aggregate of 44,231,300 Subscription Receipts for aggregate gross proceeds of $57,500,690, including the full exercise of the Agents' option, in two tranches: (i) on January 14, 2026, Sierra Madre closed the first tranche and issued 30,521,724 Subscription Receipts for aggregate gross proceeds of $39,678,241; and (ii) on January 30, 2026, Sierra Madre closed the second and final tranche and issued 13,709,576 Subscription Receipts for aggregate gross proceeds of $17,822,449.
Each Subscription Receipt was deemed to be exercised, without payment of any additional consideration, for one Common Share immediately prior to closing of the Acquisition. Sierra Madre used the net proceeds of the Concurrent Financing to fund the completion of the Acquisition and intends to use the remainder of the net proceeds for exploration and development of Del Toro and for general working capital purposes.
Early Warning Disclosure
Pursuant to the terms of the Share Purchase Agreement, upon closing of the Acquisition, First Majestic acquired 10,870,000 Common Shares at a deemed price of $1.30 per Common Share.
Immediately prior to closing of the Acquisition, First Majestic beneficially owned or controlled 51,563,076 Common Shares of Sierra Madre, representing approximately 26.18% of the issued and outstanding Common Shares on a non-diluted basis.
As a result of the Acquisition, First Majestic now beneficially owns or controls a total of 62,433,076 Common Shares representing approximately 24.77% of the issued and outstanding Common Shares as of the date of this news release on a non-diluted basis.
The Common Shares acquired by First Majestic are for investment purposes. First Majestic has no current intention to enter into any of the transactions listed in clauses (a) to (k) of item 5 of Form 62-103F1 of National Instrument 62-103 The Early Warning System and Related Take-over Bid and Insider Reporting Issues ("NI 62-103"), but in the future First Majestic may acquire or dispose of securities of Sierra Madre depending on market conditions, reformulation of plans and/or other relevant factors, in each case in accordance with applicable securities laws.
This news release and First Majestic's corresponding early warning report (the "Early Warning Report"), which is expected to be filed on SEDAR+ in the near term, constitutes the required disclosure pursuant to section 5.2 of National Instrument 62-104 Take-Over Bids and Issuer Bids ("NI 62-104").
The Early Warning Report that will be filed on SEDAR+ will satisfy the requirement of section 5.2 of NI 62-104 to have the Early Warning Report filed by an acquiror, in this case by First Majestic, with the securities regulatory authorities in each of the jurisdictions in which Sierra Madre is a reporting issuer and which contains the information required by section 3.1 of NI 62-103, which includes the information required by Form 62-103F1.
A copy of the Early Warning Report filed by First Majestic in connection with the Acquisition will be available under First Majestic's profile on SEDAR+ website at www.sedarplus.ca.
About Sierra Madre
Sierra Madre Gold and Silver Ltd. is a precious metals development and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted underground mine, which includes a 500 tpd processing facility that operated until mid-2018 and restarted commercial production in January 2025.
The +2,600 ha Tepic Project hosts low-sulphidation epithermal gold and silver mineralization with an existing historic resource.
Sierra Madre's management team has played key roles in managing the exploration and development of silver and gold mineral reserves and mineral resources. Sierra Madre's team of professionals has collectively raised over $1 billion for mining companies.
On behalf of the board of directors of Sierra Madre Gold and Silver Ltd.,
"Alexander Langer"
Cautionary Note
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Parties do not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, the intended use of proceeds from the Concurrent Financing, Sierra Madre's exploration and development plans for Del Toro, Sierra Madre's general business and growth strategy and the amount of cash and number of shares received as consideration by First Majestic per the milestone payments contemplated under the Share Purchase Agreement.
In making the forward-looking statements included in this news release, the Parties have applied several material assumptions, including that Sierra Madre will have sufficient capital to fund its planned exploration and development activities at Del Toro and that there will be no material adverse changes to applicable laws, regulations or market conditions. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Parties to control or predict, that may cause Sierra Madre's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, changes in commodity prices and general economic, market and business conditions.
Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302272
Source: Sierra Madre Gold & Silver
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Key Takeaways First Majestic completed the Del Toro mine sale for total potential consideration of up to $60 million.AG received $20M in cash, 10.87M Sierra Madre shares and may collect another $20M in milestone payments.First Majestic now owns 62.43M shares or 24.77% of Sierra Madre. First Majestic Silver Corp. (AG - Free Report) announced the closing of its agreement with Sierra Madre Gold & Silver Ltd. to sell the Del Toro Silver Mine. The Del Toro Mine, located in Mexico, is a past-producing silver, gold and lead mine fully owned by First Majestic and was placed under care and maintenance by it in January 2020.
Details of First Majestic’s Deal With Sierra MadreFirst Majestic and Sierra Madre inked a definitive agreement on Dec. 17, 2025, for the total consideration in cash and shares of up to $60 million.
Sierra Madre is a precious metal development and exploration company whose Mexico-focused silver portfolio will benefit from the addition of a past-producing asset, the Del Toro mine. The acquisition will help Sierra Madre move toward mid-tier silver production as it plans an immediate 30,000-meter drilling program at the mine and prepares for a potential mine restart. This will position the mine for a return to cash flow generation.
At closing, Sierra Madre paid $20 million in cash and 10.87 million common shares to AG for $1.30 per share. First Majestic will receive an additional $10 million within 18 months of closing. Following the closing of the transaction, First Majestic now owns 62.43 million shares or 24.77% of Sierra Madre.
If the mine reports mineral resources of 100 million silver-equivalent ounces within 48 months of closing, Sierra Madre will have to pay another $10 million to AG. Finally, if Del Toro produces 4,000 tons per day for 30 consecutive days within 60 months of the deal closing, First Majestic will receive an additional $10 million.
AG Stock’s Price PerformanceFirst Majestic’s stock has skyrocketed 119.5% so far this year compared with the industry’s 100.1% surge.
Image Source: Zacks Investment Research
First Majestic’s Zacks Rank & Stocks to ConsiderThe company currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks from the basic materials space are Albemarle Corporation (ALB - Free Report) , CF Industries Holdings, Inc. (CF - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) . ALB sports a Zacks Rank #1 (Strong Buy) at present, and CF and ASM carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 181% so far this year.
The Zacks Consensus Estimate for CF Industries’ current-year earnings is pegged at $17.16 per share, indicating an 83% year-over-year surge. CF has an average trailing four-quarter earnings surprise of 11.4%. CF Industries’ shares have gained 21.4% in a year.
Avino Silver has an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for Avino Silver’s 2026 earnings is pegged at 39 cents per share, indicating 34.5% year-over-year growth. Its shares have surged 90.5% in a year.
On June 23, 2026, First Majestic Silver Corp (AG) shares fell 6.9% today, bringing the current price to $16.50. The stock has experienced significant volatility
How Will These Marijuana Stocks React To Federal Reform
3 minute read Top Canadian Marijuana Stocks To Watch As The Sector Continues To Shift A lot is going on in the cannabis industry between the USA and Canadian markets. As more people and companies prepare for the road ahead with the rescheduling of cannabis. This has put a lot of pressure on legal operators to make the necessary adjustments to remain compliant. However, this also impacts marijuana stock investors both in the short and long term.
With all these changes, short-term investing is viewed as a window for finding top marijuana stocks to buy. Even with this progress in rescheduling cannabis, the public sector is still one with highly volatile trading. This volatile trading more times than not leads to more downtrends than upward trends. Now, just becuase trading is not as profitable as the business doesn’t mean all is lost.
More companies, in the lack of not-so-good trading, have been able to show growth and profits as a company. So with this success, it tells investors that at some point cannabis stocks stand a good chance of rising and finding stable trading. But this will most likely be a long-term play, which gives those interested in cannabis stocks the chance to plan and prep and find low entry points. Below are several marijuana stocks to watch the rest of the year for potential upward trading at a more consistent rate.
Top Marijuana Stocks For Investors 2026 Tilray Brands, Inc.(NASDAQ:TLRY) Canopy Growth Corporation. (NASDAQ:CGC) Cronos Group Inc.(NASDAQ:CRON) Tilray Brands, Inc. Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally.
In more recent news, the company announced BrewDog turns up Father’s Day across the UK. This is being done with gift-ready beer and custom cans, and dads eat free.
Words From The Company Lauren Carrol, Chief Commercial Officer, BrewDog, said, “Father’s Day deserves more than the usual routine. At BrewDog, we’re bringing fresh energy to the occasion with standout beer, personalised gifts and experiences made to be shared.”
[Read More] 3 U.S. Marijuana Stocks With Strong Retail Footprints
Canopy Growth Corporation Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis, hemp, and cannabis-related products in Canada, Germany, and Australia.
Recently, the company announced Claybourne’s Frosted Flyers Variety Pack has been awarded Best Infused Pre-Roll at the 2026 Grow Up Awards.
Words From The CEO “Winning Best Infused Pre-Roll at Grow Up is a clear signal that consumers and the industry are responding to what Claybourne is building in Canada,” said Luc Mongeau, Chief Executive Officer, Canopy Growth.
[Read More] Top Cannabis Companies Building Momentum in June 2026
Cronos Group Inc. Cronos Group Inc., a cannabinoid company, engages in the cultivation, production, distribution, and marketing of cannabis products in Canada, Israel, and internationally.
On June 16th, the company announced that it has filed with the Toronto Stock Exchange (the “TSX”), and the TSX has accepted, the company’s notice of intention to make a normal course issuer bid.
June 22, 2026 17:30 ET | Source: Cronos Group Inc.
TORONTO, June 22, 2026 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) today announced that at its Annual Meeting of Shareholders held on Thursday, June 18, 2026 (the “Meeting”), shareholders holding a total of 271,828,759 common shares of the Company voted in person or by proxy, representing 72.24% of the total number of common shares of the Company outstanding.
Each of the directors listed as a nominee in the Company’s definitive proxy statement dated April 24, 2026, was elected as a director of the Company, with each director receiving in excess of 93.6% of the votes cast in favor of his or her election. The detailed results of the vote for the election of directors are as follows:
Name of DirectorNumber of Shares Voted ForPercentage of Shares Voted ForNumber of Shares Withheld from VotingPercentage of Shares Withheld from VotingJason Adler220,505,353 99.42 %1,291,292 0.58 %Darren Broughton220,506,387 99.42 %1,290,258 0.58 %Murray Garnick219,627,749 99.02 %2,168,896 0.98 %Michael Gorenstein207,751,369 93.67 %14,045,276 6.33 %Dominik Meier220,426,444 99.38 %1,370,201 0.62 %James Rudyk216,463,958 97.60 %5,332,687 2.40 %Elizabeth Seegar220,476,757 99.40 %1,319,888 0.60 %
Shareholders also approved an advisory (non-binding) resolution on the compensation of the Company’s named executive officers, with 99.09% of votes cast in favor of such resolution, and voted, on an advisory (non-binding) basis, in favor of holding future advisory votes on the compensation of the Company’s named executive officers every year. Shareholders also approved the appointment of Davidson & Company LLP as the Company’s independent auditor for fiscal year 2026 and authorized the Board of Directors of the Company to fix the independent auditor's remuneration.
For complete results on all matters voted on at the Meeting, please see the Report of Voting Results filed on the Company’s SEDAR+ profile at www.sedarplus.com and the Company’s Form 8-K filed on EDGAR at www.sec.gov/edgar.
About Cronos
Cronos is a global cannabis company focused on scaling leading consumer goods products through research and development and innovation. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos’ diverse international brand portfolio includes Spinach®, PEACE NATURALS®, LIT™ and Lord Jones®. For more information about Cronos and its brands, please visit: thecronosgroup.com.
For further information, please contact:
Harrison Aaron
Investor Relations
Tel: (416) 504-0004 [email protected]
MARYSVILLE, Ohio, June 18, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, today announced that Nick Miaritis has been named executive vice president and chief brand officer, a new position overseeing the Company's brands and leading all its marketing strategies and initiatives. The appointment represents a strategic pivot in the Company's SMG 2.0 transformation into a premier outdoor lifestyle brand.
On June 17, 2026, we present a DCF analysis for Fastenal Co (FAST), a company that has shown a price performance of +16.0% year-to-date and +11.3% over the past
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Stock to Watch: Air Products and Chemicals (APD - Free Report) Pennsylvania-based Air Products and Chemicals Inc. makes industrial gases as well as a variety of polymer and performance chemicals. It also supplies processing equipment. Air Products' reporting segments are as follows:
APD is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. APD has a Growth Style Score of B, forecasting year-over-year earnings growth of 10% for the current fiscal year.
Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.21 to $13.23 per share. APD also boasts an average earnings surprise of +3%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, APD should be on investors' short list.
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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 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 ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
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.
#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.
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.
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: General Dynamics (GD - Free Report) Headquartered in Falls Church, VA, General Dynamics Corporation engages in mission-critical information systems and technologies; land and expeditionary combat vehicles, armaments and munitions; shipbuilding and marine systems; and business aviation. The company was incorporated in February 1952.
GD 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. GD has a Growth Style Score of A, forecasting year-over-year earnings growth of 7.2% for the current fiscal year.
For fiscal 2026, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.16 to $16.58 per share. GD boasts an average earnings surprise of +5.3%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, GD should be on investors' short list.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several 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? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best 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 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 ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see 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 ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
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.
#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.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
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.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing 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: General Dynamics (GD - Free Report) Headquartered in Falls Church, VA, General Dynamics Corporation engages in mission-critical information systems and technologies; land and expeditionary combat vehicles, armaments and munitions; shipbuilding and marine systems; and business aviation. The company was incorporated in February 1952.
GD is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Aerospace stock. GD has a Momentum Style Score of A, and shares are up 0.1% over the past four weeks.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.29 to $16.59 per share. GD also boasts an average earnings surprise of +5.3%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, GD should be on investors' short list.
Key Takeaways RTX and GD benefit from rising defense budgets, geopolitical tensions and strong order backlogs.RTX invested $163 million to expand aerospace MRO services and defense production capacity.RTX tops GD in 2026 growth estimates, one-year stock gains and earnings surprise history. Growing defense budgets and rising geopolitical tensions continue to create opportunities across the aerospace and defense industry, benefiting companies like RTX Corporation (RTX - Free Report) and General Dynamics (GD - Free Report) . Both companies have strong order backlogs that provide revenue visibility and support their long-term growth prospects.
RTX has a diversified business that includes commercial aerospace and defense operations. The company is benefiting from strong demand for its Pratt & Whitney aircraft engines and Collins Aerospace systems as global air travel continues to recover. Its defense business is also supported by demand for missile systems, radar technologies and other advanced military solutions.
General Dynamics is a leading defense contractor with operations across aerospace, marine systems, combat systems and technologies. The company benefits from demand for its Gulfstream business jets, military vehicles, naval platforms and technology solutions. Its broad exposure to U.S. defense programs and long-term government contracts supports steady business growth.
As global defense spending continues to rise and military modernization remains a priority for many countries, both RTX and General Dynamics are well-positioned to benefit from these trends. However, a closer comparison of their financial performance and growth outlook can help determine which stock currently offers the stronger investment opportunity.
Tailwinds for RTXRTX continues to strengthen its business through investments that expand its aerospace and defense capabilities. In June 2026, its Collins Aerospace unit announced a $63 million investment to expand its maintenance, repair and overhaul (MRO) facility in Malaysia. The larger facility will help RTX support the region's growing aircraft fleet and rising demand for maintenance services.
The company is also increasing its defense production capacity. Earlier in the month, RTX announced a $100 million investment to expand its facility in Portsmouth, RI. The expansion will support higher production of Patriot GEM-T subcomponents and increase testing capacity for the Lower Tier Air and Missile Defense Sensor, helping the company meet growing demand for air and missile defense systems.
These investments reflect RTX's focus on expanding its aerospace services and defense operations, which should support its long-term growth prospects.
Tailwinds for GDGeneral Dynamics continues to win new contracts across its defense and technology businesses, reflecting solid demand from the United States and international customers. Significant awards won by GD in the last reported quarter included a $15.4 billion contract for continued design and support work on the Columbia-class submarines program.
In the fourth quarter of 2025, the company received two contracts for more than $4 billion for its EAGLE tactical vehicles from Germany. The company also received contracts worth $600 million for its bridges from Norway and the United Kingdom. Moreover, the company received a contract worth $640 million for its light armored vehicles and additional logistics vehicles from Canada.
Proposed increases in U.S. defense spending may further support growth, especially for its Marine Systems unit.
How Does the Zacks Consensus Estimate Compare for RTX & GD?The Zacks Consensus Estimate for RTX’s 2026 sales and earnings per share (EPS) implies an improvement of 5.7% and 9.9%, respectively, from the year-ago quarter’s reported figures. The stock’s annual bottom-line estimates have moved north over the past 60 days.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for GD’s 2026 sales and earnings per share (EPS) implies an improvement of 4.7% and 7.2%, respectively, from the year-ago quarter’s reported figures. The stock’s annual bottom-line estimates have moved north over the past 60 days.
Image Source: Zacks Investment Research
Stock Price Performance: RTX & GDIn the past year, RTX has outperformed GD. While RTX’s shares surged 28.2%, GD surged 22.2%.
Image Source: Zacks Investment Research
Valuation for RTX & GDGD is trading at a forward sales multiple (P/E F12M) of 1.66, below RTX’s forward sales multiple of 2.53.
Image Source: Zacks Investment Research
Surprise HistoryRTX delivered an average earnings surprise of 12.65% in the last four quarters, while GD delivered an average earnings surprise of 5.27% in the last four quarters.
Final CallBoth RTX and General Dynamics are well-positioned to benefit from rising global defense spending and ongoing military modernization efforts. GD continues to secure major defense contracts and offers exposure to naval platforms, combat systems and business jets.
RTX, however, appears to have a slight edge. The company benefits from a balanced mix of commercial aerospace and defense businesses, providing multiple growth drivers. Its earnings and revenue growth expectations for 2026 are stronger than GD's, and the company has recently announced strategic investments to expand both its aerospace services and defense production capabilities.
RTX has also delivered stronger stock price performance over the past year and a better earnings surprise track record than General Dynamics, reflecting solid execution across its businesses.
Both RTX and GD currently carry a Zacks Rank #3 (Hold). However, considering RTX's stronger growth outlook, recent investments and better share price performance, it stands out as the more attractive choice right now.
You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.
Next-generation organics processing facility designed to significantly expand composting capacity across Southern California
, /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG), has started construction on the San Bernardino Sustainability Park, a next‑generation organics processing facility designed to significantly expand composting capacity across Southern California. The facility is expected to open in late 2026.
The Republic Services San Bernardino Sustainability Park, located in San Bernardino County will play a critical role in helping communities meet California's SB 1383 organic waste reduction requirements while advancing a more circular approach to material management.
"The San Bernardino Sustainability Park strengthens local organics infrastructure while helping communities divert organic waste from landfills," said Chris Seney, director of organics for Republic Services. "It's a circular solution that puts organic material back to work in the communities it comes from."
Once operational, the facility is expected to deliver multiple regional benefits, including:
Reducing the volume of organic waste sent to landfills Limiting long‑haul transportation to distant processors Lowering associated vehicle emissions Returning locally produced, high-quality compost back to surrounding communities Creating new jobs during construction and ongoing operations. Located on a 140‑acre site, with 60 acres dedicated to compost operations, the facility will utilize advanced aerated static pile composting technology, which accelerates processing times while producing high‑quality compost. The facility will initially process more than 300,000 tons of yard and food waste material annually, with planned scalability to 600,000 tons per year. Modern depackaging technology will also be used to remove waste contamination and improve material quality.
The San Bernadino Sustainability Park will be supported by a network of Republic Services transfer stations throughout the region, making it a significant organics hub for Los Angeles and Orange counties.
Republic Services is a leader in organics recycling and processing in California, with 17 facilities throughout the state, including six compost sites, six commercial food waste preprocessing facilities, four green waste sites and an anaerobic digester. In 2025, the company processed 886,000 tons of food and yard waste across the state, helping customers and communities divert organic material from landfills for beneficial reuse.
About Republic Services
Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry‑leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, visit RepublicServices.com.
Republic Services Media Relations
[email protected]
(480) 757-9770
Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our Terms of Use.
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Jason Brown (@brownreport) talks about today's Big 3 and walks through example trades for each of his picks. He highlights Cummins (CMI) by pointing to an opportunity to participate in the AI boom.
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Cummins (CMI - Free Report) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Cummins currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for CMI that show why this engine maker shows promise as a solid momentum pick.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For CMI, shares are up 1.28% over the past week while the Zacks Automotive - Internal Combustion Engines industry is up 4.78% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 7.15% compares favorably with the industry's 6.23% performance as well.
Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Cummins have increased 29.71% over the past quarter, and have gained 127.87% in the last year. In comparison, the S&P 500 has only moved 11.07% and 25.39%, respectively.
Investors should also take note of CMI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now CMI is averaging 1,004,598 shares for the last 20 days..
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CMI.
Over the past two months, 8 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CMI's consensus estimate, increasing from $26.03 to $29.29 in the past 60 days. Looking at the next fiscal year, 8 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineGiven these factors, it shouldn't be surprising that CMI is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Cummins on your short list.
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