Track market-moving stories before they get noisy

Key Takeaways DNLI signed a definitive agreement to sell its Rare Pediatric Disease PRV for $195M in gross proceeds.The PRV was awarded after FDA accelerated approval of Avlayah for Hunter syndrome in March 2026.DNLI said the non-dilutive funding will help advance its clinical portfolio in key disease areas. Denali Therapeutics Inc. (DNLI - Free Report) announced that it has entered into a definitive agreement to sell its Rare Pediatric Disease Priority Review Voucher (“PRV”).

The sale will generate gross proceeds of $195 million.

The PRV was granted to DNLI following the FDA accelerated approval of Avlayah (tividenofusp alfa-eknm) in March 2026 for the treatment of Hunter syndrome (mucopolysaccharidosis type II, or MPS II).

The transaction provides a significant non-dilutive capital infusion, strengthening the company’s balance sheet without requiring an equity raise. The added financial flexibility will help advance Denali’s broad TransportVehicle-enabled clinical portfolio for lysosomal storage disorders and neurodegenerative diseases.

The PRV sale remains subject to customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

Shares of DNLI have gained 41.2% year to date against the industry’s 1.7% decline.

Image Source: Zacks Investment Research

More on DNLI’s AvlayahAvlayah is the first FDA-approved therapy based on an emerging of biotherapeutics designed to cross the blood-brain barrier using transferrin receptor (TfR)-mediated transport technology.

The approval for Avlayah has significantly boosted DNLI’s growth prospects.

Denali's clinical-stage portfolio includes DNL126 for Sanfilippo syndrome type A (MPS IIIA), DNL593 for GRN-related frontotemporal dementia, DNL952 for Pompe disease and DNL628 for Alzheimer's disease.

Denali is also advancing several early-stage pipeline candidates, including DNL921 for Alzheimer's disease, DNL111 for Parkinson’s and Gaucher diseases, DNL622 for Hurler syndrome (MPS I), and DNL422 (OTV) for Parkinson’s disease.

Denali has also collaborated with other pharma and biotech giants like Sanofi (SNY - Free Report) , Biogen (BIIB - Free Report) and Takeda (TAK - Free Report) to develop other candidates.

Last month, Denali and partner Biogen announced disappointing top-line results from a mid-stage study evaluating BIIB122 (DNL151) in individuals with early-stage Parkinson’s disease.

The study did not meet its primary or secondary endpoints.

Consequently, Biogen and Denali have discontinued the development of BIIB122 in idiopathic Parkinson’s disease.

Nonetheless, Denali will continue independently advancing the phase IIa BEACON study on evaluating the small molecule inhibitor in patients carrying pathogenic LRRK2 variants.

Partner Sanofi is developing eclitasertib for moderate to severe ulcerative colitis.

In April 2026, Denali announced that partner Takeda decided to terminate their collaboration for DNL593 (PTV:PGRN) in frontotemporal dementia associated with GRN mutations (FTD-GRN).

The termination, effective 60 days after notice, returns full rights to the program to Denali. Per DNLI, Takeda’s decision was based on strategic priorities and not on any efficacy or safety issues.

The company’s sound cash position is a positive and underscores its ability to fund ongoing programs.

DNLI’s Zacks Rank

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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value 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 investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

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.

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.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Teradata (TDC - Free Report) Teradata offers an open and connected hybrid cloud analytics and data platform for AI. The hybrid cloud platform, named Teradata Vantage, help enterprises solve business problems with Teradata’s capabilities to provide harmonized data, trusted AI, and faster innovation, at scale.

TDC is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 11.99; value investors should take notice.

For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $2.65 per share. TDC boasts an average earnings surprise of +24.8%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, TDC should be on investors' short list.

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ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) will host an investor day in New York City on Wednesday, July 8, 2026. Management presentations and discussions can be viewed that day during a live webcast starting at 5:30 a.m. PT / 6:30 a.m. MT / 7:30 a.m. CT / 8:30 a.m. ET.

The event will include presentations from Wahid Nawabi, AV’s chairman, president and chief executive officer; Sean Woodward, senior vice president and chief financial officer; Dr. Rob Smith, chief operations officer and other members of the executive management team.

You can access the live webcast at the link below:

https://edge.media-server.com/mmc/p/yj2249s9/

About AV

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.

More News From AeroVironment, Inc.

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, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.  

[Click here for information about joining the class action]

AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.

On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.

Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program.  The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications.  This contract value subsequently increased to $1.7 billion. 

The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.

In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain."  The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously. 

During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward.  Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.

On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program.  In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."  

On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.

Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward."  Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."  

On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.

Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026.  Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025.  These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program.  AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.

On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.

On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution. 

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

Attorney advertising.  Prior results do not guarantee similar outcomes.  

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

SOURCE Pomerantz LLP

Key Dates and Disclosure Events AeroVironment Shareholders Need to Know: From '$1 Billion Franchise' Claims to Contract Termination and $151.3 Million Goodwill Impairment

, /PRNewswire/ -- SueWallSt encourages investors who suffered losses in AeroVironment, Inc. (NASDAQ: AVAV) to contact the firm. Those who purchased AVAV securities between June 25, 2025 and March 10, 2026 may be entitled to recover damages. Find out if you are eligible to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

AVAV shares fell 15.77% when AeroVironment first announced its agreement with Space Force was paused on January 20, 2026. In March, the stock fell another 17.42% and 6.24% on further alleged successive related disclosures. The window to apply for lead plaintiff closes on July 27, 2026.

June 24, 2025: Fiscal Year Guidance Sets Investor Expectations

AeroVironment issued fiscal year 2026 guidance projecting revenue between $1.9 billion and $2.0 billion. This guidance incorporated projected results from the recently completed $4.1 billion BlueHalo acquisition and set the baseline that investors relied upon throughout the Class Period.

September 9, 2025: Q1 Results Raise the Bar

The Company reiterated its revenue guidance and raised non-GAAP earnings per diluted share expectations to $3.60 to $3.70. Management described BADGER phased array systems as a "key growth driver" for the space segment, the lawsuit contends.

September 30, 2025: Investor Open House Amplifies Confidence

At the Company's Investor Open House, executives characterized the SCAR program as "a $1 billion franchise" and told attendees the customer was "asking for more" BADGER systems. The filing alleges these representations deepened investor reliance on SCAR-driven revenue.

December 9, 2025: Q2 Earnings Call Reaffirms Trajectory

Management described SCAR as a "tremendous growth opportunity" and stated the program was "very much on track," as alleged in the complaint. Defendants conveyed confidence in full-year guidance, tying expected second-half contract awards to the SCAR program.

January 20, 2026: First Corrective Disclosure

AeroVironment disclosed a stop work order on its BADGER delivery agreement. Shares fell $61.97, or 15.77%, to close at $330.89. The complaint alleges the Company's accompanying statement that it "expects to continue to deliver capabilities and products for the SCAR program" continued to mislead investors.

March 2, 2026: Second Corrective Disclosure

Space News reported the U.S. Space Force was "reassessing how to move forward" with SCAR under a new multi-vendor acquisition strategy. Shares fell $43.93, or 17.42%, to $208.32. Raymond James cut its rating from Strong Buy to Underperform.

March 10, 2026: Third Corrective Disclosure

AeroVironment reported a $179.0 million operating loss, a $151.3 million goodwill impairment, and revealed the Space Force had terminated the SCAR contract for convenience. Revenue guidance was lowered to $1.85 billion to $1.95 billion. Shares fell an additional $13.84 on March 11.

Chronology of Material Events

June 24, 2025: Fiscal year revenue guidance of $1.9B to $2.0B issued, incorporating BlueHalo acquisition September 30, 2025: SCAR described as "a $1 billion franchise" at Investor Open House December 9, 2025: SCAR called a "tremendous growth opportunity" on Q2 earnings call January 20, 2026: Stop work order disclosed; stock drops 15.77% March 2, 2026: Space Force reopens SCAR to multi-vendor competition; stock drops 17.42% March 10, 2026: Contract terminated, $151.3M goodwill impairment recorded, guidance cut "Timely disclosure of material developments is fundamental to fair and efficient markets. The timeline in this case raises questions about when these competitive risks became apparent internally versus when they were communicated to investors." -- Joseph E. Levi, Esq.

Submit your claim before the deadline or call (888) SueWallSt.

ABOUT THE FIRM -- For over two decades, SueWallSt has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years. Those wishing to serve as lead plaintiff must act by July 27, 2026.

Frequently Asked Questions About the AVAV Lawsuit

Q: When did AeroVironment allegedly mislead investors? A: The class period runs from June 25, 2025 to March 10, 2026. The alleged fraud was revealed through three corrective disclosures on January 20, March 2, and March 10, 2026, causing cumulative stock declines of approximately $185 per share.

Q: How much did AVAV stock drop? A: Shares fell approximately 15.77% following the first alleged disclosure event on January 20, 2026. The stock sank an addiitonal 17.42% on March 2, 2026, and 6.24% on March 11, 2026, following the next two disclosure events.

Q: What do AVAV investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at [email protected] or (888) SueWallSt. No immediate action is required to remain eligible as a class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I already sold my AVAV shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What court was the AVAV class action filed in? A: The case was filed in the United States District Court for the Eastern District of Virginia, Alexandria Division, governed by the Private Securities Litigation Reform Act of 1995.

CONTACT:
SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

SOURCE SueWallSt.com

NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”), of the important July 27, 2026 lead plaintiff deadline.

SO WHAT: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force’s Satellite Communication Augmentation Resources (“SCAR”) program and the U.S. Space Force’s ongoing efforts to modernize the Satellite Control Network (“SCN”); (2) accordingly, defendants overstated AeroVironment’s business and financial prospects; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

So What: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of AeroVironment, Inc. (NASDAQ: AVAV) securities between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), have until Monday, July 27, 2026 to seek appointment as lead plaintiff of the AeroVironment class action lawsuit. Captioned Norrell v. AeroVironment, Inc., No. 26-cv-01429 (E.D. Va.), the AeroVironment class action lawsuit charges AeroVironment and certain of AeroVironment's top current and former executive officers with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the AeroVironment class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-aerovironment-class-action-lawsuit-avav.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.

The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment's business and financial prospects.

The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program." On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.

Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: "We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR," the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.

Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment's space division after the stop work order on AeroVironment's BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired AeroVironment securities during the Class Period to seek appointment as lead plaintiff in the AeroVironment class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the AeroVironment class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the AeroVironment class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the AeroVironment class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:

          Robbins Geller Rudman & Dowd LLP
          Ken Dolitsky
          Michael Albert
          655 W. Broadway, Suite 1900, San Diego, CA 92101
          800/851-7783
          [email protected]

SOURCE Robbins Geller Rudman & Dowd LLP

New York, New York--(Newsfile Corp. - June 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

SO WHAT: If you purchased AeroVironment securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302177

Source: The Rosen Law Firm PA

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New York, New York--(Newsfile Corp. - June 19, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ: AVAV) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/AVAV.

AeroVironment Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:

AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; accordingly, Defendants overstated AeroVironment's business and financial prospects; and as a result, Defendants' public statements were materially false and misleading at all relevant times.What's Next for AeroVironment Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/AVAV, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in AeroVironment you have until July 27, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to AeroVironment Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for AeroVironment Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299076

Source: Bronstein, Gewirtz & Grossman, LLC

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On a recent episode of the Catalyst with Shayle Kann podcast themed around the “electric supercycle,” investor Andy Lubershein floated a provocative idea: military drones, not electric vehicles, may be the unlikely catalyst for next-generation battery technology. “Defense historically has been a sector that has a high willingness to pay for performance,” Lubershein argued lithium-ion cells are “kind of good enough from a range standpoint” for cars. Pay four times the price for triple the energy density? Carmakers will pass. The Pentagon will not.

Why Drones Could Crack the Battery Funding Problem Lubershein’s framing is a venture capital question applied to chemistry: “The question is always like, who’s going to pay for the first 1,000, and then how are you going to scale it up?” Drones are already shipping “in the hundreds of millions, probably getting towards the billions.” Host Shayle Kann noted the government is moving: an ARPA-E program called “1K” targeted a 1,000 watt-hour per kilogram cell, roughly 3x today’s best, and a DOD initiative aiming for 2,000 watt-hour per kilogram batteries, driven predominantly by drone applications. The spillover thesis is the payoff. “If you had a 2,000 watt-hour per kilogram battery and then you applied that into, for example, heavy-duty transportation, complete game changer,” Lubershein said.

The macro backdrop fits. The FY2027 Department of War budget request includes $54.0 billion for autonomous and remotely operated systems, with $39.2 billion tied to a multi-year Drone Dominance mandatory funding request, plus $20.6 billion for one-way attack munitions, counter-small-UAS, and related programs. The three names below make drone platforms, not breakthrough cells, so they benefit indirectly through stronger procurement budgets and pull-through demand for any battery the DoD ultimately funds.

AeroVironment: The Lower-Risk Anchor AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) is the established play. Q3 FY2026 revenue hit $408.05M, up 143.4% year over year, though it missed consensus by 14.21% after a $151.31M goodwill impairment on the BADGER SCAR stop-work order. Funded backlog hit a record $1.10B with a 1.6x book-to-bill, and CEO Wahid Nawabi said “demand for our unique solutions remains robust” in the filing.

At $169.61, the stock is down 29.88% year to date. Our proprietary 24/7 Wall St. price target sits at about $236 (roughly 39% upside) with Street consensus near $310 and a 6/10/3 strong-buy/buy/hold split. Forward EPS of about $3.16 makes it the only profitable name in the trio.

Ondas: Higher Torque, Higher Beta Ondas Holdings (NASDAQ:ONDS) posted Q1 2026 revenue of $50.12M, up 1,079.8% year over year, with pro forma backlog jumping to $457M from $68.3M at year-end 2025. CEO Eric Brock cited “powerful demand tailwinds, particularly across counter-UAS and defense robotics markets” and raised the FY2026 target to at least $390M. The Mistral acquisition brought a $982M IDIQ program with the U.S. Army for loitering munitions.

Beta sits at 2.622. Shares trade at $9.27, up 498.06% over one year, against a model target of about $13 (roughly 41% upside). Adjusted EBITDA remains a loss of $10.88M, with profitability not expected until Q1 2028.

Red Cat: The Speculative Sleeve Red Cat Holdings (NASDAQ:RCAT) delivered Q1 FY2026 revenue of $15.47M, up 849.3% year over year, with gross margin swinging to 12.7% from negative 52.1%. Operating cash burn was $31.95M. CEO Jeff Thompson flagged “budget allocations of up to $74 billion for UAV and USV procurement” for 2027 and the short-to-medium term revenue target of $150M to $180M.

At $11.44, Wall Street’s average price target sits at about $22 with lower model confidence, and forward EPS is about negative $0.71.

Which Wins if the Battery Push Materializes? If the Lubershein-Kann thesis plays out, every DoD dollar chasing higher energy density flows through drone platform demand. AeroVironment is the lower-risk anchor: real backlog, real non-GAAP earnings, and the broadest portfolio. Ondas offers higher torque for investors comfortable with a 2.6 beta and acquisition-driven growth. Red Cat is the speculative sleeve for those willing to underwrite execution risk against a large potential payoff. The battery breakthrough may be years away, but procurement budgets are funding the runway today.

Listen to the audio version of this article (generated by AI).

Amazon‘s (AMZN) Rufus can now buy things for you. OpenAI‘s ChatGPT has a checkout built in. Walmart‘s (WMT) Sparky is moving from recommendations to transactions.

One by one, the biggest companies in the world are crossing the same line: from AI that advises to AI that acts. 

Now Mastercard (MA) has built the road for all of them to drive on. 

This week, the company unveiled Agent Pay for Machines — AP4M — a payments infrastructure platform built not for humans but for AI agents. 

The announcement didn’t exactly break the internet; just a clean product launch describing infrastructure for “automated microtransactions” and “machine-driven transactions that happen continuously in digital commerce.”

It’s a bigger deal than most people might realize — because in the Age of AI, human purchasing behavior doesn’t scale quite as well as what’s coming…

The Purchase Decision Is Getting a Co-Pilot Today, a typical mid-size enterprise manages hundreds of software subscriptions and vendor contracts, with dozens of payment methods, all involving an approval process bogged down by compliance checks and budget codes. 

Consumer commerce isn’t much better. Anyone who has been trapped in a time warp comparing airline seats, luggage fees, loyalty point conversions, and layover times across six browser tabs knows that the human brain was never optimized for this kind of decision-making. 

AI agents are increasingly capable of handling much of that process — evaluating price, quality, delivery time, return policy, and budget availability simultaneously — in a fraction of the time a human would need. The technology isn’t perfect yet. But the direction is clear, and the infrastructure being built around it is being designed for a much more capable generation of agents. 

The problem, until now, has been trust. A bad chatbot recommendation is a mere annoyance. A bad payment agent that routes real money to the wrong vendor, fails to settle a transaction, gets compromised by a fraudster, or blows past a spending limit is a catastrophe. That’s why payments, identity, authorization, fraud prevention, and guaranteed settlement aren’t just features in the agentic world. They’re the entire game.

Mastercard’s AP4M is a bet that it can be the trust layer for this new era. High-frequency, low-latency, low-value machine payments across cards, bank accounts, and stablecoins — with credentialing, spending controls, and settlement built in. 

It’s essentially aiming to be the financial nervous system for the robot economy.

What AI Agents Will Actually Buy — and How Much Volume That Creates The road is built. The question is what drives on it — and how much. 

Consumer agents could shop for groceries, compare insurance plans, book travel, reorder prescriptions, pay utility bills, manage subscriptions, negotiate with service providers, and handle returns — all without requiring anything except a budget and preferences. 

But consumer shopping is just the entry point. The real volume is in business.

We’re talking about industrial AI agents that can:

Procure cloud compute on spot markets in real time Buy data feeds from third-party providers to answer a query Pay API calls to specialized models Bid for inference capacity, settling micropayments to data brokers Manage logistics contracts Reorder inventory when stock dips below a threshold All in the background, at machine speed, without requiring human approval for each individual transaction.

And then there’s agent-to-agent commerce: 

AI models paying other AI models for specialized capabilities An orchestration agent routing a task to a vision model, a code generation model, and a legal review model — and paying each one Micropayment settlement between software systems that used to communicate for free but will increasingly charge for specialized inference The volume of individual transactions in this world is orders of magnitude higher than anything existing payment infrastructure was designed to handle — which is exactly why Mastercard is moving now.

The Agentic Commerce Winners: Who Owns Each Layer of the Stack So where does this leave investors? The agentic commerce stack has clear winners — and they’re not all obvious. 

The Payment Rails: Mastercard and Visa Play Offense Mastercard and Visa (V) are the most direct plays. If AI agents become major economic actors, every transaction they make needs a trusted, regulated rail to run on. Both networks are moving intelligently — AP4M is Mastercard’s opening move, and Visa has its own agent payment initiatives underway. The risk is crypto disintermediation; but their fraud infrastructure, regulatory relationships, and merchant networks are moats that don’t disappear overnight. They’re playing offense, not waiting to be disrupted. 

The Crypto Layer: Where Stablecoins Beat Card Economics For high-frequency, low-value machine payments — an agent paying $0.003 to a data API 60,000 times a day — traditional card economics don’t work. Stablecoins do. Circle‘s USDC is already embedded in developer infrastructure and is dollar-denominated, programmable, and built for exactly this use case. Coinbase (COIN-USD) is the leading regulated on-ramp. Solana (SOL-USD) and XRP (XRP-USD) offer the low-cost, high-speed settlement rails the agentic economy needs. This is a structural advantage. 

The Invisible Infrastructure: Why Cloudflare May Be the Most Important Winner Cloudflare (NET) may be the least obvious but most important winner in this stack. Every AI agent operating on the web needs traffic routing, identity verification, security, and, increasingly, payment hooks. Cloudflare already handles most of that for the human web — and it’s clearly been thinking about the agent version for a while. Its developer tools are already built to let agents discover, authenticate, and pay for network resources on the fly. 

The Frontier AI Labs: Whoever Controls the Default Agent Controls Commerce The frontier AI labs — Alphabet (GOOGL), Microsoft (MSFT), Anthropic, Meta (META) — may be the biggest winners of all. Whoever controls the default agent controls what gets bought. If your shopping agent runs on Gemini, Google captures commercial intent before any retailer enters the picture. The agent becomes the new search bar, the new storefront entrance. That’s an enormous amount of economic leverage — and it goes to whoever builds the most trusted, most widely deployed agents. 

Commerce Platforms: Why Being Agent-Friendly Becomes a Competitive Moat Shopify (SHOP), MercadoLibre (MELI), Uber (UBER), DoorDash (DASH) win if they build agent-friendly infrastructure — clean, machine-readable APIs that expose price, availability, delivery time, and product data in structured form. Platforms that make themselves easy for agents to query become preferred vendors by default. Platforms that don’t become invisible. 

The Losers: The $600 Billion Digital Ad Economy Built for Humans, Not Agents The flip side of this thesis is just as important — and more uncomfortable for some. 

A significant chunk of digital commerce today runs on what we might call manufactured friction: 

SEO-content farms that exist to intercept consumer search queries Coupon sites and comparison platforms that monetize human indecision Direct-to-consumer (DTC) brands that spend fortunes on Instagram ads and bank on impulse purchases Retailers whose entire competitive strategy is “be first in Google results.” But AI agents won’t get distracted by a banner ad, click on a sponsored result, or respond to influencer marketing. 

They evaluate objective criteria — price, verified quality, delivery reliability, return policy, trust signals — and transact. 

The entire apparatus of attention-based digital marketing, which has been the backbone of the internet economy for two decades, gets significantly disrupted.

Low-moat DTC brands without genuine product differentiation face structural pressure. If an agent can find a functionally equivalent product for 15% less from a vendor with better delivery reliability, that’s what it will buy. Brand loyalty built through social media presence and influencer campaigns is worth considerably less when the purchase decision is made by software.

Legacy retailers with messy, poorly structured data infrastructure are especially vulnerable. The retailers who haven’t built clean, machine-readable APIs won’t get considered at all. 

The Bigger Picture: How Agentic Commerce Rewrites the Rules of the Internet Economy The internet was built for human navigation. Every layer of it — search algorithms, advertising systems, content marketing, social platforms — was designed to capture human attention, direct it toward specific products and services, and monetize the journey. 

The entire $600 billion digital advertising industry exists because humans browse inefficiently — and can be influenced along the way.

When an AI agent can handle purchase decisions autonomously, the economic value gets redistributed away from attention-based intermediaries and toward the infrastructure layers — trust, identity, settlement, agent distribution, and structured data.

This is why Mastercard’s AP4M announcement, easy to dismiss as a niche fintech product launch, is actually a signal about a profound structural shift. 

AI is rewriting the rules of commerce. Mastercard intends to own a piece of the financial future.

It’s rebuilding the payment rails. And all eyes are on the legacy titan as it lays the track.

But nobody’s watching who’s building the station.

Here’s what I mean.

PHILADELPHIA, PENNSYLVANIA - JUNE 01: Nas and Tariq "Black Thought" Trotter perform during the 2024 Roots Picnic at The Mann on June 01, 2024 in Philadelphia, Pennsylvania. (Photo by Taylor Hill/Getty Images for Live Nation Urban)

Getty Images for Live Nation Urban

When competitors moved into Philadelphia's festival market, Shawn Gee pitched Live Nation on an underbuilt category instead of just digging in to defend his turf.

As bigger festivals encroached on Philadelphia in the mid-2010s, Shawn Gee, the longtime manager of The Roots and the executive behind Live Nation Urban, made a case to Live Nation president and CEO Michael Rapino that went beyond a single event.

It was dedicated focus on Black culture, he argued, represented "incremental revenue" and "incremental business" the company was leaving on the table.

Before becoming president of Live Nation Urban, Gee spent decades helping shape the careers and live-event strategies of some of music’s biggest acts.

His career began in Philadelphia in the 1990s working alongside The Roots and later Jill Scott before expanding into artist management, touring, and event production.

Over the years, he worked with artists including Kanye West, Lil Wayne, Drake, and J. Cole, building a reputation as a strategist capable of operating across both the creative and business sides of the music industry.

Nearly a decade later, with The Roots Picnic expanding internationally and the venture's portfolio stretching into HBCU programming and major cultural events, that pitch reads less like a defensive maneuver and more like a thesis that's still paying out.

By the mid-2010s, Philadelphia's festival landscape had gotten crowded.

Gee laid out this competitive history in our recent interview.

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The Made in America Festival had landed in the city, pulling national attention and a massive built-in audience.

Another major festival had set up just across the border in Delaware.

For Gee, the arrival of bigger competitors wasn't a threat so much as a forcing function.

"We had to find our space," Gee told me.

He framed the moment in even sharper terms.

"If we're to survive in this sort of festival economy that's happening now, where's the void?" Gee told me.

That search for the void is, in many ways, the real origin story of Live Nation Urban, a venture built on the understanding that an entire category of cultural value was being left on the table.

A Market Gap Hidden In Plain SightPHILADELPHIA, PA - JUNE 1: Solange Knowles performs at the 6th Annual Roots Picnic at the Festival Pier June 1, 2013 in Philadelphia, Pennsylvania. (Photo by Jeff Fusco/Getty Images)

Getty Images

The argument wasn’t framed primarily as a moral case, even though the cultural stakes were real to Gee.

It was rather framed as a market opportunity.

"If there is a distinct focus on Black culture, if there's a distinct focus on building toward a macro niche, there's incremental revenue, there's incremental business that's being missed," Gee told me.

That single statement does a lot of work by reframing Black culture as an underbuilt category with its own scale of economics, not a niche audience that can be served reactively, but one that demands proactive consideration.

Gee was explicit that the dollars were only part of the case he was making.

"Let alone the incremental opportunity that I can provide to the culture, not just dollars and cents, through experiences and joy, through employment, through investment," he said.

That second half of the thesis, covering employment, investment, and experience, is what separates a one-off festival booking strategy from an actual division-level business case.

Gee describes the resulting strategy in stark terms.

"We're going to double down on Black culture," he told me, recalling the conversation with his Roots Picnic co-founders, Questlove and Black Thought.

"That's going to be our space that differentiates us not only locally within the competitive landscape, festival landscape that we were dealing with locally, but also nationally and globally," he added.

It suggests Gee wasn't pitching a single event with upside, but an entire infrastructure layer that didn't yet exist inside Live Nation's portfolio.

The timing detail matters as much as the content of the pitch.

Gee says it wasn't until roughly the last decade that Roots Picnic itself "really sort of hit our stride with respect to the mission of the picnic," and that this shift "coincided" directly with the start of his Live Nation Urban partnership.

Black Thought made a nearly identical observation in our recent interview.

"This year felt like the Roots Picnic had arrived," Black Thought said.

The comments suggest that the festival's growth and the formation of Live Nation Urban were unfolding in parallel, each reinforcing the other as the organization refined its vision and expanded its reach.

Made in America intensified competition in the regional festival market and reinforced Gee’s argument that differentiation, not scale alone, would determine long-term success.

This is a familiar pattern in how large companies build out new verticals, but it's rarely this traceable to a single competitive moment.

Most internal business cases for a new division get built retroactively, dressed up after the fact as foresight.

Gee's own account puts the sequence in plain view: increased festival competition, a market gap thesis pitched to leadership, and then a venture built specifically to occupy that gap before someone else did.

Building Beyond The Roots PicnicATLANTA, GEORGIA - MAY 12: Mary J Blige performs onstage during the Strength of a Woman's MJB “Celebrating Hip Hop 50” Concert in Partnership with Mary J. Blige, Pepsi, and Live Nation Urban at State Farm Arena on May 12, 2023 in Atlanta, Georgia. (Photo by Paras Griffin/Getty Images for Strength Of A Woman Festival & Summit)

Getty Images for Strength Of A Woman Festival & Summit

Once the thesis was approved, the execution wasn't limited to one property.

Roots Picnic became the flagship, but Live Nation Urban evolved into a broader platform for Black cultural experiences.

Under Gee’s leadership, the division expanded across festivals, live events, and community-focused programming through partnerships with BET Experience, ONE Musicfest, Broccoli City Festival, and Mary J. Blige’s Strength of a Woman Festival & Summit, while also developing initiatives such as a week-long HBCU fundraiser in partnership with Robert Smith's Student Freedom Initiative.

That detail is worth sitting with, because it shows the venture wasn’t simply a label slapped onto Gee's existing relationships with The Roots.

It was capitalized and structured to originate new programming of its own, rather than simply leverage an audience that already existed.

A major company's leadership treated a competitor's market entry as evidence of an unaddressed category, rather than just a threat to defend against.

Gee's framing, that the absence of a distinct Black-culture focus represented missed "incremental revenue" and missed "incremental business," is the kind of argument that's easy to make in hindsight and genuinely hard to make convincingly in the room before the results exist.

Roots Picnic's subsequent growth, and the venture's expansion into HBCU programming, the Hollywood Bowl, and now international markets, suggests Rapino found the argument convincing at the time it mattered most.

Nearly a decade later, the competitive case Gee made internally reads less like an experiment that paid off and more like a thesis that's still compounding.

, /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that on June 11, 2026, the company approved non-statutory stock options to purchase an aggregate of 10,050 shares of its common stock and 11,870 restricted stock units ("RSUs"), each representing the right to receive one share of its common stock upon vesting, to 18 new employees. The awards were made pursuant to the Nasdaq inducement grant exception as a component of the new hires' employment compensation.

The inducement grants were approved by PTC's Compensation Committee on June 11, 2026, and are being made as an inducement material to each employee's acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4).

All stock option awards have an exercise price of $74.71 per share, the closing price of PTC's common stock on June 11, 2026, the date of the grant. The stock options each have a 10-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee's new hire date and 6.25% of the original number of shares vesting at the end of each subsequent three-month period thereafter until fully vested, subject to the employee's continued service with the company through the applicable vesting dates. The RSUs each will vest over four years with 25% of the original number of shares vesting on each annual anniversary of the applicable employee's new hire date until fully vested, subject to the employee's continued service with the company through the applicable vesting dates.

About PTC Therapeutics, Inc.
PTC is a global biopharmaceutical company dedicated to the discovery, development and commercialization of clinically differentiated medicines for children and adults living with rare disorders. PTC is advancing a robust and diversified pipeline of transformative medicines as part of its mission to provide access to best-in-class treatments for patients with unmet medical needs. The company's strategy is to leverage its scientific expertise and global commercial infrastructure to optimize value for patients and other stakeholders. To learn more about PTC, please visit www.ptcbio.com and follow us on LinkedIn, X, Instagram and Facebook.

For more information please contact:

Investors:
Ellen Cavaleri
+1 (615) 618-8228
[email protected]

Media:
Jeanine Clemente
+1 (908) 912-9406
[email protected]

SOURCE PTC Therapeutics, Inc.

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Launching later this year, the models are designed to expand access to private markets while addressing implementation challenges through multi-manager selection, transparent pricing, and disciplined portfolio construction

CHICAGO--(BUSINESS WIRE)--Morningstar (Nasdaq: MORN) today announced that its Morningstar Wealth division is working with Apollo, Franklin Templeton and J.P. Morgan Asset Management to launch a suite of public/private model portfolios that give financial advisors a single, research-driven way to access private markets.

Objective Portfolio Construction Meets Institutional Capabilities

Morningstar Public/Private Select Series will bring together:

Morningstar Wealth’s asset allocation, manager research, and due diligence rigor Public market strategies from Franklin Templeton and J.P. Morgan Asset Management Private market strategies from Apollo and Franklin Templeton, spanning private credit and real estate Unlike many public/private offerings built around a single firm’s strategies, Morningstar Wealth draws on its experience in asset allocation, investment selection, and portfolio construction, with a research-led focus on investor outcomes. Morningstar Wealth is a group within Morningstar Investment Management LLC, a registered investment adviser, which works with advisors to provide investment strategies such as model portfolios and separately managed accounts (SMAs) with $370 billion in assets under management.

Kunal Kapoor, chief executive officer, Morningstar: “Morningstar is bringing independent research, disciplined asset allocation, and transparent pricing together in a single framework, so advisors can help navigate complex private markets and democratize access to them for even more investors.”

Designed for Advisors, Built for Clients

The portfolios will be constructed with ETFs and interval funds to make private markets usable in individual investor portfolios, offering:

Six risk-based portfolios, ranging from capital preservation to aggressive growth Public and private exposures integrated into a single asset allocation Transparent, competitive pricing, including no overlay fees Accessible minimums, expanding access beyond traditional institutional investors By packaging private market exposure within a diversified model, Morningstar Wealth aims to remove the burden of sourcing, sizing, and managing liquidity, allowing advisors to focus on client needs rather than portfolio construction. The initial models will include exposure to private credit and real estate through interval funds ranging approximately between 12–20% of the models’ allocation, depending on risk profile and current market opportunity.

Expanding Access with Discipline

Private markets have historically been limited to institutional investors and ultra-high-net-worth individuals. At the same time, industry demand continues to grow, with advisors increasingly seeking to incorporate private markets into mainstream portfolios.

Jenny Johnson, chief executive officer of Franklin Templeton: “When I think about why private markets matter now more than ever, it’s not just access but also focus on the long-term in a short-term world. We are living in an environment of persistent inflation and structural uncertainty. We’re excited to bring greater access to these types of solutions.”

George Gatch, chief executive officer of J.P. Morgan Asset Management: “As markets continue to test traditional investment approaches and the 60/40 portfolio evolves, advisors need access to a much broader set of investment opportunities and strong oversight. Together this group can help deliver diversified portfolios that lean on the expertise of skilled active managers to integrate public and private markets prudently.”

Jim Zelter, president of Apollo: “The next generation of model portfolios will blend public and private markets, and offer investors greater diversification, more yield, and better reflect the full breadth of the economy. These models reflect what clients are seeking, private markets as a core portfolio building block, rather than an allocation to the side.”

Addressing Implementation Challenges and Providing Transparency

The portfolios seek to help address liquidity constraints, valuation timing, and complexity. Morningstar’s approach emphasizes:

Research-driven allocations between liquid and illiquid assets Rigorous due diligence and ongoing oversight Clear disclosure of liquidity and portfolio characteristics Morningstar Public/Private Select Series is expected to be made available to financial advisors through leading wealth and technology platforms. All four organizations are fully committed to working as one to support shared clients, platforms, and advisors, ensuring comprehensive pre- and post-purchase support, reporting, and education.

Additional details, including final structure, specific pricing, availability, and implementation, will be announced in the coming months.

About Morningstar Wealth

Morningstar Wealth is a global organization dedicated to empowering both advisor and investor success. Our extensive range of offerings includes the Morningstar International Wealth Platform (TAMP), model portfolios managed by the Morningstar Investment Management team ($370 billion in assets under management and advisement*), Morningstar Investor (individual investor platform) and Morningstar.com.

*Includes AUMA for advisory services offered by certain Morningstar subsidiaries that are authorized in the jurisdictions in which they operate to provide investment management and advisory services.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, institutional investors in the debt and private capital markets, and alliances and redistributors. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $370 billion in assets under management and advisement (AUMA) as of March 31, 2026. The Company operates through wholly- or majority-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company.

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On June 18, 2026, Morningstar Inc MORN shares fell 6.5% to a current price of $153.61. This decline extends the stock's downward trajectory, as it has dropped 28.9% year-to-date and 48.8% over the past year, with a 52-week range of $149.08 to $316.71.

GF Value™ verdict indicates that MORN is significantly undervalued, with a current price of $153.61 compared to a GF Value™ estimate of $350.65, representing a potential upside of 56.2%.GF Score™ stands at 77/100, which is classified as above average, suggesting a solid overall financial profile.Insider activity shows that insiders sold $17.4 million worth of shares in the last three months, indicating a lack of confidence in the stock from those closest to the company. Is MORN Overvalued or Undervalued? With the current price of Morningstar Inc MORN at $153.61 and a GF Value™ of $350.65, the stock appears to be undervalued by 56.2%. This significant margin of safety presents a potential opportunity for investors, as the stock trades well below its intrinsic value. The GF Valuation label indicates that MORN is significantly undervalued, which suggests that the market may not be fully recognizing the company's underlying strengths and growth potential.

However, the recent decline in share price and the insider selling of $17.4 million could indicate some underlying concerns regarding the company's future performance. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. While the current valuation presents an opportunity, potential investors should consider the risks associated with the recent negative price momentum and insider activity.

How Does MORN's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 15.7x 57.4x Forward P/E 12.9x - The current P/E (TTM) of 15.7x is significantly below its 5-year median P/E of 57.4x, indicating that MORN is trading at a much lower valuation compared to its historical standards. This analysis aligns with the GF Value™ verdict of being significantly undervalued, supporting the notion that MORN's current price may offer a compelling opportunity for long-term investors.

What Does MORN's GF Score™ Tell Us? Metric Rating GF Score™ 77 Financial Strength 5/10 Profitability 9/10 Growth 10/10 Valuation 2/10 Momentum 2/10 The GF Score™ of 77/100 suggests that Morningstar Inc is positioned well overall, particularly in terms of profitability (9/10) and growth (10/10), which are the strongest aspects of the company. However, the valuation (2/10) and momentum (2/10) scores are concerning, indicating that the stock may be undervalued but also facing some significant headwinds in terms of price performance and market sentiment.

What Are Insiders Doing with MORN Stock? In the past three months, insiders of Morningstar Inc have sold a total of $17.4 million in shares, with no reported buying activity. This trend may suggest a lack of confidence from those with the most insight into the company’s operations and future prospects. The selling could raise concerns among external investors about the company's current performance and outlook.

Overall, the absence of insider buying combined with substantial selling activity is a red flag that potential investors should weigh carefully against the stock's valuation and growth potential.

What This Means for Investors Based on the GF Value™ assessment, Morningstar Inc MORN is currently undervalued, presenting a potential opportunity for investors. However, the recent negative price momentum and insider selling activity suggest that caution may be warranted. These factors should be considered alongside the stock's valuation metrics and overall financial health.

For the complete analysis, visit the Morningstar Inc MORN stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is MORN's GF Score™?

MORN's GF Score™ is 77/100, which indicates an above-average ranking based on key financial metrics and historical performance.

Is MORN overvalued or undervalued?

MORN is currently undervalued according to the GF Value™, with a significant upside potential of 56.2% based on its intrinsic value assessment.

What is MORN's P/E ratio?

MORN's P/E (TTM) ratio is 15.7x, which is substantially below its 5-year median P/E of 57.4x, indicating a notable decline in its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Hasbro (HAS - Free Report) ended the recent trading session at $83.47, demonstrating a -1.75% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 1.22%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 1.35%.

Heading into today, shares of the toy maker had lost 12.58% over the past month, lagging the Consumer Discretionary sector's gain of 2.1% and the S&P 500's gain of 1.56%.

Market participants will be closely following the financial results of Hasbro in its upcoming release. On that day, Hasbro is projected to report earnings of $1.18 per share, which would represent a year-over-year decline of 9.23%. In the meantime, our current consensus estimate forecasts the revenue to be $1.05 billion, indicating a 6.82% growth compared to the corresponding quarter of the prior year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.01 per share and a revenue of $4.98 billion, representing changes of +8.48% and +5.94%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Hasbro. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.5% higher. Right now, Hasbro possesses a Zacks Rank of #1 (Strong Buy).

From a valuation perspective, Hasbro is currently exchanging hands at a Forward P/E ratio of 14.14. This signifies a premium in comparison to the average Forward P/E of 10.75 for its industry.

It's also important to note that HAS currently trades at a PEG ratio of 2.08. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Toys - Games - Hobbies industry currently had an average PEG ratio of 1.68 as of yesterday's close.

The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 48, placing it within the top 20% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Hasbro (HAS - Free Report) .

Hasbro currently has an average brokerage recommendation (ABR) of 1.28, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 16 brokerage firms. An ABR of 1.28 approximates between Strong Buy and Buy.

Of the 16 recommendations that derive the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 81.3% and 6.3% of all recommendations.

Brokerage Recommendation Trends for HAS

Check price target & stock forecast for Hasbro here>>>

The ABR suggests buying Hasbro, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Is HAS a Good Investment?In terms of earnings estimate revisions for Hasbro, the Zacks Consensus Estimate for the current year has increased 3.5% over the past month to $6.01.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

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 #1 (Strong Buy) for Hasbro. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for Hasbro may serve as a useful guide for investors.

A month has gone by since the last earnings report for Hasbro (HAS - Free Report) . Shares have lost about 5.9% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Hasbro due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Hasbro, Inc. before we dive into how investors and analysts have reacted as of late.

Hasbro Q1 Earnings & Revenues Beat Estimates, Increase Y/YHasbro reported strong first-quarter fiscal 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased year over year.

Hasbro delivered a strong first-quarter 2026 performance, supported by robust growth in its Wizards and Digital Gaming business, particularly from MAGIC: THE GATHERING. Strong demand for new releases, continued momentum in backlist titles and contribution from Monopoly Go! helped drive revenue and profit growth.

However, performance was partially affected by weakness in the Entertainment segment due to unfavorable deal timing and softer Film & TV revenues. The Consumer Products segment also faced pressure from higher tariff-related costs, challenging licensing comparisons and seasonal losses.

Hasbro’s Q1 Earnings & RevenuesIn first-quarter fiscal 2026, HAS reported adjusted earnings per share (EPS) of $1.47, rising 41.3% year over year and beating the Zacks Consensus Estimate of $1.12 by 31.3%.

Net revenues of $1 billion increased 12.7% from the year-ago period and topped the consensus mark of $957 million by 4.5%.

HAS’ Segment Results Highlight Portfolio DivergenceThe quarter again showed a clear separation in performance across Hasbro’s operating segments. Wizards of the Coast and Digital Gaming delivered revenues of $582 million, up 26% year over year, benefiting from strength in tabletop gaming and continued expansion in the broader ecosystem. Our model predicted the segment’s revenues to be $526.8 million. Adjusted operating margin expanded 140 basis points to 51.2% from 49.8% in the year-ago quarter.

Consumer Products revenues were essentially flat at $397.9 million. Our model predicted the segment’s revenues to be $358.6 million. The adjusted operating margin was -10.2%, a 240-basis-point deterioration from -7.8% in the prior-year quarter.

Entertainment revenues decreased 24% to $20.3 million, reflecting the timing and nature of deals. Our model predicted the segment’s revenues to be $27 million. Adjusted operating margin was 100%, up 3,480 basis points from 65.2% a year ago.

Hasbro’s Profit Gains Reflect Operating LeverageProfitability improved meaningfully on both a reported and adjusted basis. Adjusted operating profit increased 29% to $287 million, pointing to stronger underlying execution and mix, and adjusted operating margin rose to 28.7% from 25.1%.

The company reported adjusted EBITDA of $339.4 million compared with $274.3 million a year ago. Our estimate for the metric was $288.6 million.

Selling, distribution and administration expenses declined to $259.1 million from $269.6 million in the prior-year quarter, contributing to stronger operating leverage as revenues grew.

HAS’ Balance Sheet and Capital Allocation Remain ActiveLiquidity improved year over year, with cash and cash equivalents of $857.1 million at quarter-end versus $621.1 million a year earlier. The company also carried $498.2 million in short-term investments, lifting overall financial flexibility entering the remainder of 2026. Leverage moved lower versus the prior year. As of March 29, 2026, long-term debt was $3.1 billion, down from $3.3 billion as of March 30, 2025.

Capital returns continued, alongside balance-sheet actions. Hasbro paid $99 million in dividends during the quarter to its shareholders. The company also declared a quarterly cash dividend of 70 cents per share payable June 11, 2026. Separately, Hasbro disclosed previously identified unauthorized network access in late March 2026 and said it began incurring related costs in the second quarter while pursuing potential recoveries through cybersecurity insurance.

Hasbro’s 2026 Outlook Holds Steady After Strong Q1For the full year, management reiterated its outlook for total Hasbro revenues to increase 3-5% in constant currency, with adjusted operating margin expected at 24-25% and adjusted EBITDA projected between $1.40 billion and $1.45 billion.

How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month.

The consensus estimate has shifted -8.78% due to these changes.

VGM ScoresCurrently, Hasbro has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Hasbro has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.

New York, NY, June 19, 2026 (GLOBE NEWSWIRE) -- Brand purpose has evolved from a marketing differentiator into a commercial driver, influencing sales choice and price premiums in both U.S. B2C and B2B markets. According to a new study released by the American Marketing Association New York (AMA New York), conducted in partnership with Charney Research and Toluna, 80% of corporate B2B buyers and 50% of B2C consumers now actively direct spending toward companies with clear social commitments.

The study reveals that despite highly publicized political pushback and recent cultural friction, corporate purpose remains resilient.

While 37% of those surveyed reported scaling back external programs like criminal justice reform or democracy initiatives due to shifting political winds, overall brand commitments across nine fields of corporate activism have achieved a net increase since 2021 averaging 12%.

“Purpose is alive and well and growing, despite some bruises. It has become normalized in decision-making across both consumer and commercial buyer behavior and for marketers, with the biggest impact among the B2B decision makers.” said Craig Charney, President of Charney Research and Research Director for AMA New York. “What we are seeing in this decade is that despite loud political counter-pressures, purpose has become a permanent filter for the modern buyer and part of the arsenal of the modern seller. It is no longer an optional marketing add-on; it is table stakes for doing business.”

The research highlights several critical shifts reshaping the business landscape:

B2B is the Primary Growth Frontier: Commercial buyers are now the most responsive to purpose-led positioning. Nearly four in five (79%) make purpose-influenced purchases, and 38% do so "often"—more than double the consumer frequency. This impact peaks in high-value enterprise transactions exceeding $100,000 and within organizations clearing over $10 million in revenue.The Collapse of the Consumer Income Gap: In a shift from five years ago, lower-income consumers are now just as willing to pay a premium for purpose-driven brands as higher-income households, signaling that purpose-based purchasing has democratized across socioeconomic lines. On average, consumers accept a 6% price premium, while B2B buyers are willing to absorb a hefty 13% premium for aligned brands.High-Value Demographic Sweet Spots: Purpose-driven purchasing and premium tolerance are strongest among under-40 buyers (Gen Z and Millennials), Black and Latino demographics, the college-educated, and Democrats.Priorities: Labor, Community, and Planet: Across both B2C and B2B markets, fair employment practices, local corporate citizenship, and environmental sustainability rank as the top three drivers of customer engagement.Cynicism Demands Proof: Trust in corporate initiatives has eroded, leaving audiences skeptical of symbolic statements. Buyers report that demonstrated action, transparency, and social responsibility are far more persuasive than marketing campaigns alone. “Our social media listening data confirms a sharp public backlash against empty corporate symbolism, corporate greenwashing, and superficial DEI compliance,” noted Jon Arthurs of Toluna, Managing Director and Global Head of Sustainability. “When brand messaging is merely performative, audiences react harshly. To win trust today, companies must back their claims with transparent, verifiable data.”

The report also identifies social media as the primary source of discovery regarding brand purpose for both consumer and commercial buyers, though legacy news media and direct brand communications remain of value as verification for cynical audiences.

About the Research The study was commissioned by the American Marketing Association – New York and conducted by Charney Research and Toluna between July and October 2025. The methodology includes quantitative online of 306 U.S. business buyers, 459 U.S. marketers, and 503 U.S. consumers, alongside an extensive social media listening analysis examining thousands of active digital conversations among consumers and marketers.

MALVERN, Pa., June 18, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced the first four devices in its new IHDV line of high voltage power inductors for next-generation automotive, energy, and industrial systems. Engineered for designs requiring 1.5 kV isolation voltages, and available in compact 0808 (20 mm x 14 mm x 14 mm) and 1008 (25 mm x 20 mm x 23 mm) case sizes. The Automotive Grade IHDV-0808AC-3A and IHDV-1008BB-3A and commercial IHDV-0808AC-30 and IHDV-1008BB-30 combine continuous high temperature operation to 180 °C with soft saturation performance.

To extend the voltage capability beyond the 350 V typical of existing inductors, the Vishay Dale devices released today incorporate a PET plastic coilform insulator that supports 1.5 kV isolation voltage. Enabled by a powdered iron alloy core, their soft saturation behavior allows inductance to remain stable under load for effective ripple current regulation, while withstanding transient in-rush currents up to five times their heat rating current.

For high frequency filtering, the IHDV devices deliver significantly higher impedance than similarly sized iron composite inductors. The 0808 models provide impedance of 1 kΩ at a peak frequency of 80 MHz, while the 1008 models deliver 2.8 kΩ at 25 MHz — three times the impedance of similar inductors at four times the frequency. Typical applications for the devices include on-board chargers, battery-charging circuits, power factor correction (PFC), and high voltage DC battery filtering.

The IHDV-0808AC-3A and IHDV-0808AC-30 offer a compact, surface-mount footprint roughly one-third the volume of the 1008 model, while the advantage with the larger IHDV-1008BB-3A and IHDV-1008BB-30 is the through-hole terminations that deliver maximum mechanical strength in rugged environments. RoHS-compliant, halogen-free, and Vishay Green, all four devices incorporate additional support pins to increase resistance to shock and vibration. In addition, the automotive IHDV-0808AC-3A and IHDV-1008BB-3A are AEC-Q200 qualified.

Device Specification Table:

Part numberIHDV-0808AC-3AIHDV-0808AC-30IHDV-1008BB-3AIHDV-1008BB-30Dimensions (mm)20 x 14 x 1425 x 20 x 23Inductance (µH)1.910DCR typ. (mΩ)1.32.7DCR max. (mΩ)1.52.9Heat rating current typ. (A)(1)30.030.0Saturation current typ. (A)(2) 110 68SRF typ. (MHz)8322AEC-Q200YesNoYesNo (1) DC current (A) that will cause an approximate ΔT of 40 °C
(2) DC current (A) that will cause L0 to drop approximately 30 %

Samples and production quantities of the IHDV inductors are available now, with lead times of 12 weeks. 

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a registered trademark of Vishay Intertechnology, Inc.

Vishay on Facebook: http://www.facebook.com/VishayIntertechnology
Vishay Twitter feed: http://twitter.com/vishayindust

Links to product datasheets:
http://www.vishay.com/ppg?34666  (IHDV0808AC-3A)
http://www.vishay.com/ppg?34679  (IHDV0808AC-30)
http://www.vishay.com/ppg?34680  (IHDV1008BB-3A)
http://www.vishay.com/ppg?34683  (IHDV1008BB-30)

Link to product photo:
https://www.flickr.com/photos/vishay/albums/72177720334046066

For more information please contact:
Vishay Intertechnology
Peter Henrici, +1 408 567-8400
[email protected]
or
Redpines
Bob Decker, +1 415 409-0233
[email protected]

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HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Eric M. Hambly, President and Chief Executive Officer, will present at the J.P. Morgan 2026 Natural Resources Conference on Tuesday, June 23, 2026 at 3:00 p.m. Eastern Time (ET).

The live audio webcast will be available on the company’s website at http://ir.murphyoilcorp.com. A replay will be available for 30 days following the event.

ABOUT MURPHY OIL CORPORATION

Murphy Oil Corporation is an independent oil and natural gas company with a multi-basin onshore and offshore portfolio and significant exploration opportunities. The company has more than a century-long history of demonstrating strong execution and innovative, full-cycle development capabilities with a focus on value creation that drives shareholder returns. Murphy’s foresight and financial discipline, along with its culture of adaptability and accountability, will allow the company to continue its outstanding legacy and exceptional reputation. The company’s current operations include extensive inventory located onshore in the Eagle Ford Shale, Tupper Montney and Kaybob Duvernay, as well as offshore in the Gulf of America and Canada. Murphy also strives to create long-term shareholder value through offshore exploration and development in the Gulf of America, Vietnam and Côte d’Ivoire. Additional information can be found on the company’s website at www.murphyoilcorp.com.

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Approximately 130 Cessna, Beechcraft and Hawker aircraft and volunteer pilots mobilize to transport more than 800 Special Olympics athletes and coaches to the 2026 Special Olympics USA Games

ST. PAUL, Minn.--(BUSINESS WIRE)--The 2026 Special Olympics Airlift officially took flight today as all participating Cessna, Beechcraft and Hawker aircraft, known as Doves, departed from airports across the country. Dove 1 for arrival day, a Cessna Citation Latitude generously operated by Prent Corporation, landed at St. Paul Downtown Airport (STP) carrying Special Olympic athletes and delegation members, signaling the start of Airlift arrivals for the Special Olympics USA Games.

The arrival signals the start of the world’s largest cumulative peacetime airlift spanning more than 40 years, a coordinated aviation effort organized by Textron Aviation, a Textron Inc. (NYSE: TXT) company, that transports hundreds of Special Olympics athletes and coaches from multiple states to compete on the national stage. Throughout the day, approximately 130 aircraft will arrive at STP in a carefully orchestrated operation with aircraft landing every three to four minutes.

“The arrival of Dove 1 is always a powerful moment,” said Ron Draper, president and CEO, Textron Aviation. “It represents months of planning, the generosity of the aviation community and most importantly, the excitement and anticipation of athletes arriving ready to compete.”

Giving Back Through Flight

The Special Olympics Airlift mobilizes volunteer pilots and aircraft from across the country who donate their time and resources in support of the Airlift. Now in its ninth year, the initiative has transported over 10,000 athletes and coaches to Special Olympics events, giving them a first-class experience ahead of the competition. Pilots, crew members and ground teams launched departures Friday morning from 26 locations nationwide including Grand Rapids, Houston, Nashville, Orlando, Phoenix and Washington, D.C., each hosting sendoff celebrations as local communities bid farewell to their Special Olympics delegations traveling to Minnesota for the Special Olympics USA Games.

“This is one of the most meaningful missions we fly,” said Chris Clawson, Dove 1 Pilot, Prent Corporation. “The Airlift brings together aviation and purpose in a way that creates unforgettable experiences for these athletes and reminds all of us we’re part of something much bigger than ourselves.”

Throughout the day, additional Doves will continue arriving at STP, with athletes greeted by volunteers and Special Olympics representatives before traveling onward to the Games. The carefully choreographed operation relies on collaboration among pilots, air traffic controllers, airport authorities, volunteers and Special Olympics staff.

With total roundtrip miles expected to reach almost 300,000 nm, and coordinated arrivals spanning hours of precision planning, the 2026 Airlift will once again demonstrate the scale, reliability and generosity of the aviation community.

Athletes in the Air

For many athletes, the Airlift marks their first time flying and serves as a defining moment in their journey to the Special Olympics USA Games. The Airlift ensures athletes arrive ready to compete, while also delivering an experience that celebrates their achievements before the competition begins.

“Traveling to Minnesota and taking part in the 2026 USA Games is an opportunity to climb higher,” said Emmanuel Benitez, Special Olympics Indiana, flag football athlete. “USA Games is a reason to train harder and expect the unexpected.”

All-Stars for Athletes

The 2026 Special Olympics Airlift is supported by high-profile advocates and ambassadors who share a commitment to inclusion and community.

“The Special Olympics Airlift represents the best of teamwork, leadership and heart,” said Peyton Manning, Honorary Chair, Special Olympics Airlift. “It’s amazing to see so many people come together to make sure these athletes get the opportunity they deserve to shine on a national stage.”

“These athletes have trained so hard for this, so it’s pretty special to see the aviation community come together to help them get there,” said Dierks Bentley, Ambassador, Special Olympics Airlift. “When you see that kind of grit, you want to do whatever you can to support it. I'm honored to be a small part of it.”

For updates and behind-the-scenes coverage of this week’s events, visit https://airlift.txtav.com/.

About Textron Aviation
We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit www.txtav.com.

About Special Olympics USA Games
The 2026 Special Olympics USA Games—scheduled for June 20-26, 2026, across Minnesota’s Twin Cities with sports competitions at the University of Minnesota and the National Sports Center in Blaine—is a national celebration of inclusivity, changing perceptions and the ability of the human spirit rising above limitations. The USA Games, with co-presenting partners Jersey Mike’s Subs and United Healthcare, will be one of the biggest U.S. sporting events of the year, drawing tens of thousands of fans to celebrate the ability of over 3,000 incredible athletes from all 50 states as they compete in 16 Olympic-type team and individual sports. As a state with a long history of championing diversity, equity and inclusion, the USA Games now bring an unrivaled opportunity to spark new energy around the Special Olympics movement and create a lasting legacy of positive change.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com.

Dutch Bros (BROS +7.63%) stock has been a disappointment over the past year, but the market has finally started to recognize the opportunity, and it has soared 30% over the past month.

The coffee shop chain is in high-growth mode, and it has a compelling long-term opportunity. Is it still a strong buy right now?

Popular beverages attract customers Dutch Bros has cultivated a mass following by popularizing its innovative beverages and offering speed and convenience throughout its 1,000-plus store network, most of which are mostly drive-thru only stores. It's far from "another coffee chain," with exclusive drinks that make it borderline a coffee shop and a distinct brand identity.

Image source: Dutch Bros.

The concept has taken off, and with a brand new C-suite and headquarters, it's in start-up mode. Sales increased 31% year over year in the 2026 first quarter, and comparable sales were up 8.3%. It has reported seven consecutive quarters of transaction growth, an impressive feat given the broader inflationary environment. CEO Christine Barone said, "It is clear we are poised to continue shaping and commanding a leadership position in the large and growing beverage category."

It has a massive expansion plan The model has proved to work in different regions across the country, and while Dutch Bros started as a West Coast phenomenon, it has spread to 25 states with plans for a lot more. Its short-term goal is to operate 2,029 stores by 2029, and it's aiming to reach 7,000 stores over an undefined "long term."

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For now, the company plans to open 185 stores in total for 2026, and it uses a "cluster" strategy of opening several stores in one area to build its brand and hit the new region quickly. That's what it's been doing in Texas, for example, and combined with intense marketing efforts, it resulted in almost 20% comps growth in the state in the first quarter.

Is it priced to buy? All that said, Dutch Bros is an expensive stock. Even with its recent surge, it's nominally down over the past year and still trades at 105 times trailing-12-month earnings. That's quite a premium, even considering the company's many wonderful qualities.

It's likely to live up to its premium over the next few years, and if you can handle volatility, it's a great stock to add to your portfolio. But it's less appetizing at this price, and you might want to wait for a better entry point.

Dutch Bros Inc (NYSE:BROS) shares traded up 8%, bringing its gains over the last month to 35%, amid positive commentary from market watchers this week about...