June saw a sudden and large uptick in Microsoft (NASDAQ: MSFT) stock insider selling activity.
Specifically, filings submitted to the Securities and Exchange Commission (SEC) since the year started show that there have been a total of six rounds of equity trading by senior company personnel, with five sell-offs and one purchase.
Between January and June, only two rounds of insider selling were reported, with the total value of MSFT shares sold amounting to $5.06 million. On June 1, 8, and 10, however, three substantial trades were executed, seeing senior personnel dump a total of $9.9 million of Microsoft stock.
Thus, just 10 days in June account for 66% of all insider selling year-to-date (YTD).
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Looking at the trades more closely, Executive Vice President and Chief Marketing Officer Takeshi Numoto engaged in two rounds of trading. On June 8, he sold 2,500 Microsoft shares at an average price of $412.45, making a total of $1.03 million.
Two days later, Numoto dumped 4,500 MSFT shares at an average price of $402.84 for a total of $1.8 million. The trades were reported on June 10 and 12, respectively.
Meanwhile, the first sale of the month was simultaneously the biggest. On June 2, Judson Althoff, the CEO of Microsoft Commercial, revealed that he dumped 15,500 shares at an average price of $460.99, raising a total of $7.14 million.
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Althoff’s trade is peculiar for a variety of reasons, of which the two most obvious are the fact that it was the single biggest insider trade of the company’s stock in 2026, and the fact that it came at a multi-month high price point for the equity – MSFT closed at $460.52 on the day, its highest value since the late January crash.
Microsoft stock price YTD chart. Source: Finbold While insider sales are, more often than not, a regular occurrence among major public firms that usually have little to do with actual business development, the situation with the latest Microsoft stock selling activity nonetheless came at an alarming moment.
Why June is a pivotal month for Microsoft stock Indeed, the sales came at approximately the same time as a debate over the costs of artificial intelligence (AI) came to a head as enterprise customers – led by Uber (NYSE: UBER) – started questioning whether expenses have led to meaningful gains, and as retail customers began their own revolt after GitHub Copilot moved to usage-based billing.
Overall, the first half of June marked at least a temporary turning point in the wider AI narrative.
Executives of major companies operating in the industry began aggressively walking back on their previous claims that the technology would lead to mass job extinction, major outlets started searching for the return on investment (ROI), politicians became more receptive to banning data center construction, and OpenAI started threatening a price war.
Simultaneously, and likely due to a mix of factors, including the voracious hunger for capital of the SpaceX initial public offering (IPO), which led to a substantial sell-off in the U.S. stock market, and analysts like Jim Cramer began publicly wondering if investors can truly finance the massive expected IPOs and Google’s (NASDAQ: GOOGL) $80 billion equity fund raise.
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The situation is particularly dangerous – and, given that June featured 66% of all Microsoft stock insider sales of 2026, concerning – because the AI boom has already turned numerous traditionally wealthy corporations cash-poor and saddled many others with significant debt, all the while leading to sky-high valuations.
Overall, unless the narrative finds a new bullish center of gravity before the SpaceX (NASDAQ: SPCX) hype and the tailwinds from the memorandum of understanding (MOU) between the U.S. and Iran expire, the boom might end up fully proven as a bubble and lead to a bust within months.
LongPoint expects to launch three ETFs - AMDU, MUU, ORBUNew Savvy ETFs provide two times leveraged long exposure to AMD, Micron, and SpaceX LongPoint is a Canadian owned and operated ETF providerToronto, Ontario--(Newsfile Corp. - June 15, 2026) - LongPoint Asset Management Inc. ("LongPoint") is proud to announce the launch of three new Savvy Double Leveraged Single Stock ETFs on the Toronto Stock Exchange (the "TSX") on Wednesday, June 17, 2026. The SavvyLong (2X) AMD ETF ("AMDU") offers two times leveraged long exposure to Advanced Micro Devices, Inc., the SavvyLong (2X) Micron ETF ("MUU") offers two times leveraged long exposure to Micron Technology, Inc., and the SavvyLong (2X) SpaceX ETF ("ORBU") offers two times leveraged long exposure to Space Exploration Technologies Corporation.
AMDU, MUU, and ORBU are the latest additions to Canada's only suite of double leveraged single stock ETFs based on popular, well-known actively trading stocks (the "Savvy ETFs"). These three Savvy ETFs seek daily investment results that endeavour to correspond, before fees and expenses, to two times (2X) the daily return (on a percentage basis) of their respective target common stock, do not hedge their exposure to the U.S. dollar, and trade on the TSX in Canadian Dollars.
"LongPoint is proud to add to Canada's only double-leveraged single stock ETF family, providing 2X and -2X exposure to US and Canadian companies," said Steve Hawkins, CEO of LongPoint. "We recognize the growing investor demand for additional 2X single stock exposures. With AMDU and MUU, we are adding exposure to leading semiconductor companies that are fueling the AI revolution. With ORBU, we are adding exposure to SpaceX, which had the largest ever company valuation at listing at approximately $2 trillion USD. SpaceX is the hot topic and traded over $82 billion USD on its IPO date this past Friday, demonstrating the significant investor interest in this issuer. These ETFs will offer knowledgeable, sophisticated Canadian investors TSX-listed solutions — trading in Canadian dollars — that enables them to tactically position their portfolios around company-specific news, technical signals, market events, or fundamental price outlooks."
With this launch, LongPoint continues to establish itself as a leader in innovative ETF solutions. The company entered the levered ETF market in December 2024 with its leveraged crude oil and natural gas ETFs, followed in May 2025 with the launch of Canada's first triple levered index ETFs, and has since launched Canada's only suite of double levered single stock ETFs. LongPoint is a proudly Canadian owned and operated company.
The Savvy ETFs have closed their offering of initial shares and will begin trading on the TSX when the market opens on June 17, 2026.
About LongPoint Asset Management Inc.
LongPoint Asset Management Inc. is a Canadian owned and operated company which delivers innovative ETF solutions designed to enhance your Canadian investing journey. Our dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. LongPoint also offers its unique Partnership ETF platform, which simplifies the launch, operation, and growth of ETFs for its partner asset managers. LongPoint was Canada's fastest growing ETF provider in 2025, on a percentage basis, and offers 52 Canadian-listed ETFs with more than $400 million in assets under management.
Discover the advantage of investing with LongPoint.
AMDU, MUU, and ORBU (the "ETFs") are alternative mutual funds, and as such, the ETFs are permitted to use leveraged investment strategies that are not permitted for other types of mutual funds. The ETFs are highly speculative and use a significant amount of leverage which magnifies gains and losses. They are intended for use in daily or short-term trading strategies by very knowledgeable, sophisticated investors. If you hold the ETF for more than one day, your return could vary considerably from the ETF's daily target return. For example, you could lose your entire investment in one day if the ETF's daily target loses more than 50% in a single day. The negative effect of compounding on returns is more pronounced when combined with leverage and daily rebalancing in volatile markets. The ETFs are not suitable for investors who do not intend to actively monitor and manage their investments. In addition, the ETFs are concentrated and non-diversified, meaning they are only exposed to a single common stock. As a result, the ETFs' assets are more susceptible to the impact of any specific company event, or single economic, technological, or regulatory event, compared to a diversified portfolio.
The ETFs employ significant leverage, may experience amplified losses and should not be expected to return 200% over any period of time other than daily. The returns of the ETFs over periods longer than one day will likely differ in amount and possibly direction from the performance or inverse performance, as applicable, of the stock of the ETF for the same period. This effect is more pronounced for the ETFs as the volatility of the target index and/or the period of time increases.
This material is for informational purposes only. This material is not intended to be relied upon as research, investment, or tax advice and is not an implied or express recommendation, offer or solicitation to buy or sell any security or to adopt any particular investment or portfolio strategy. Any views and opinions expressed do not take into account the particular investment objectives, needs, restrictions and circumstances of a specific investor and, thus, should not be used as the basis of any specific investment recommendation. Investors should consult a financial and/or tax advisor for financial and/or tax information applicable to their specific situation.
Commissions, management fees, performance fees and operating expenses may all be associated with an investment in the ETFs. The ETFs are not guaranteed, their value changes frequently and past performance may not be repeated. The ETF Facts and prospectus contain important detailed information about each ETF. Please read the relevant documents before investing.
Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
Investors are strongly encouraged to seek legal advice or consult with their compliance officers to fully understand their obligations in respect of insider trading, insider reporting, and take-over bid rules in connection with investments in Shares of a Savvy ETF. Failure to comply with these obligations could result in regulatory scrutiny or enforcement action.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301485
Source: LongPoint Asset Management Inc.
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Alibaba BABA affiliate Ant Group is preparing a major AI redesign of Alipay, as China's super app battle with Tencent's WeChat moves into a more automated phase.
Bloomberg reported that Ant is testing a new version of Alipay built around an AI agent interface. The assistant, called Ah Bao, would let users book rides, order coffee, arrange food delivery and manage investments through text or voice prompts. With user approval, it could also buy mutual funds, pushing Alipay beyond payments and deeper into everyday financial and lifestyle tasks.
The move comes as Alipay and WeChat race to bring AI agents into apps already used by more than 1B people. Tencent is testing an AI agent inside WeChat, while Alipay's version remains in internal testing with no public launch date set.
the story matters because Ant is trying to rebuild momentum after regulators halted its IPO and tightened lending rules. The next thing to watch is whether AI agents lift engagement enough to justify higher computing and promotion costs.
Citi has downgraded Softcat PLC (LSE:SCT), the IT infrastructure reseller, to neutral from buy while lifting its price target to £19.50, arguing that a share price surge of more than 50% since mid-March has left the stock's positive outlook fully reflected in the valuation.
The note, written by analysts Carl Murdock-Smith and Balajee Tirupati, acknowledges that Softcat has continued to execute well and has benefited from a structural increase in enterprise spending on information technology.
Looking ahead, the bank sees the group as well-positioned to sustain above-average growth as clients accelerate investment in the infrastructure layer needed to become AI-ready.
However, Citi argues that the re-rating since the first-half results leaves limited scope for meaningful earnings surprises or further valuation expansion.
Higher comparable figures from the prior year, potential macro headwinds and supply constraints are cited as factors that could weigh on growth momentum.
The bank concludes that while Softcat remains a high-quality operator, the current share price adequately reflects that quality, leaving the risk-reward less compelling than it was earlier in the year.
Citi has reiterated its 'sell' rating and £1.75 price target on BT Group PLC (LSE:BT.A) after the telecoms company's annual report revealed that last year's EBITDA was flattered by an £18 million bonus provision unwind, adding to existing concerns about the quality of the group's cash flows.
Analyst Carl Murdock-Smith argues that BT's revenue, EBITDA and earnings per share growth rank among the worst performances of any incumbent telecoms operator in the sector, casting doubt on the company's target of £3 billion in normalised free cash flow by the end of the decade.
BT's full-year results in May came in broadly in line with Citi's expectations but disappointed investors who had anticipated stronger dividend growth, while also prompting questions about underlying cash generation quality.
The bank acknowledges that normalised free cash flow will improve this year as capital expenditure falls, but argues this does not address the structurally challenging nature of the UK market.
In afternoon trading, the shares were off 3% at 203.9p.
SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced its financial results for the three months ended March 31, 2026 ("Q4 FY2026") and the fiscal year ended March 31, 2026 ("FY2026"). All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. “In fiscal 2026, we reset the business, laid a disciplined foundation, and made deliberate investments, including ac.
Canopy Growth Corporation (CGC - Free Report) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to a loss of $0.94 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -199.82%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.1, delivering a surprise of -233.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Canopy Growth, which belongs to the Zacks Medical - Products industry, posted revenues of $51.94 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.47%. This compares to year-ago revenues of $45.3 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Canopy Growth shares have lost about 12.3% since the beginning of the year versus the S&P 500's gain of 8.6%.
What's Next for Canopy Growth?While Canopy Growth has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Canopy Growth was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.01 on $65.13 million in revenues for the coming quarter and -$0.11 on $278.96 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Products is currently in the bottom 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Nurix Therapeutics, Inc. (NRIX - Free Report) , another stock in the broader Zacks Medical sector, has yet to report results for the quarter ended May 2026.
This company is expected to post quarterly loss of $0.73 per share in its upcoming report, which represents a year-over-year change of -40.4%. The consensus EPS estimate for the quarter has been revised 1.8% higher over the last 30 days to the current level.
Nurix Therapeutics, Inc.'s revenues are expected to be $14.3 million, down 67.5% from the year-ago quarter.
BEND, Ore., June 15, 2026 (GLOBE NEWSWIRE) -- 10 Barrel Brewing and Pub Beer, craft beer brands of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), today announced a summer-long soccer celebration across the Pacific Northwest, bringing fans together through in-pub activations, limited-edition packaging, branded merchandise, sweepstakes, and game-day experiences tied to the excitement of the global tournament.
As soccer supporters gather to celebrate the world’s biggest matches, 10 Barrel Brewing and Pub Beer are creating destination-worthy experiences that blend craft beer, Cheap Fun, and matchday energy. Across 10 Barrel pubs in Bend, Boise, and Portland, fans can enjoy a lineup of activations designed to turn every game into an occasion. fans can soak up the excitement of the global soccer tournament through internationally inspired dishes, beer specials and a game-day passport contest —all while celebrating the tournament atmosphere with fellow supporters.
Pub Beer and Pub Light are tapping into the excitement of the global soccer season with limited-edition packaging that turns an 18-pack into your personal soccer goal, a Cheap Fun foosball table sweepstakes to win a one of one Pub Cup co-branded foosball table, branded soccer merchandise, and prizes offered during matches at 10 Barrel pubs across the Pacific Northwest.
Brian Hughes, Senior Brand Director-West Coast Brands said, “Soccer has an unmatched ability to bring people together, and 10 Barrel Brewing and Pub Beer are embracing that energy with experiences built for fans who want to celebrate every match with great beer, great food, and a little Cheap Fun along the way. From limited-edition packaging and foosball to pub programming across the Pacific Northwest, this campaign is all about creating memorable moments around the global game.”
Whether fans are following every match or just looking for a fun place to catch the action, 10 Barrel Brewing and Pub Beer are bringing people together all summer long with flavorful food, cold beer, playful competition, and memorable prizes. Across the Pacific Northwest, the brands are giving soccer fans more reasons to show up, cheer loudly, and celebrate the season in true pub style.
For more information on 10 Barrel Brewing pub events and Pub Beer promotions this summer, visit your local 10 Barrel pub in Bend East, Bend West Portland or Boise or follow the brands on social media @10barrelbrewing.
About 10 Barrel Brewing and Pub Beer
10 Barrel Brewing is known for its inventive craft beer, vibrant pub culture, and community-driven approach to bringing people together over great food and drinks. Pub Beer is the beloved easy-drinking lager brand built around the spirit of Cheap Fun, delivering uncomplicated good times and approachable refreshment.
About Tilray Brands
Tilray Brands, Inc. (“Tilray”) (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray’s unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages.
For more information on how we are elevating lives through moments of connection, visit Tilray.com and follow @Tilray on all social platforms.
Forward-Looking Statements
Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, “forward-looking statements”) under Canadian and U.S. securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the “safe harbor” created by those sections and other applicable laws. Forward-looking statements can be identified by words such as “forecast,” “future,” “should,” “could,” “enable,” “potential,” “contemplate,” “believe,” “anticipate,” “estimate,” “plan,” “expect,” “intend,” “may,” “project,” “will,” “would” and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws.
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Analysts at Goldman Sachs still believe Nvidia (NASDAQ: NVDA | NVDA Price Prediction) could push higher.
In fact, as quoted by CNBC, the firm noted, “We believe Nvidia’s improved capital allocation should drive increased investor confidence around the company’s commitment to balance product innovation and ecosystem investments with shareholder returns. We reiterate our Buy rating on the stock as we see Nvidia sustaining its growth profile into 2027 while maintaining a competitive edge in the market — and our CY27 estimates stand over 30% above the Street.”
Futures are rocketing higher on news that the war with Iran is ending.
At the moment, the S&P 500 is up by 1.36%, or by 101 points. The SPDR S&P 500 ETF (SPY) is up by 0.54%, or by $4 a share. The Dow is up 1.05%, or by 530 points. The Nasdaq is up by 2.17%, or by 644 points. Oil is down by $4.64 at $80.20.
According to President Trump on Truth Social, “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
Both sides will reportedly sign off on the deal by Friday. The Strait of Hormuz isn’t officially open yet, but both President Trump and Iran’s Deputy Foreign Minister have said it would reopen after the signing in Geneva. And we should note that Israel is not part of the agreement.
How to Trade World Cup Soccer The 2026 FIFA World Cup is shaping up to be one of the biggest economic and sports betting events in history.
As billions of fans tune in and wagering activity surges worldwide, sports betting stocks could see a significant boost in revenue and investor interest. One of the companies that could benefit is DraftKings (NASDAQ: DKNG) — which noted that, “Combined with our unified platform strategy, which allows customers to access either sportsbook or sports predictions, depending on location, and includes a Spanish-language feature, we believe the tournament has the potential to be a meaningful driver of both new customer acquisition and strong engagement across our existing customer base,” as quoted by CNBC.
In addition, analysts at Oppenheimer, who rate DKNG a buy, said the company’s push into prediction markets via the World Cup will serve as a trial run to prepare the platform for a surge in volume in the fall, coinciding with the NFL season.
Sequoia Capital partner Shaun Maguire went on CNBC last week and said SpaceX (NASDAQ:SPCX), freshly trading, looks to him “more like Nvidia three years ago” than Tesla (NASDAQ:TSLA | TSLA Price Prediction). He also said he plans to hold his shares “forever.” Sequoia is a longtime SpaceX backer, so the incentive to talk his book is obvious. Still, the comparison is worth unpacking because it is a specific claim about where SpaceX sits on the curve, and the curve has a recent, very expensive precedent.
The NVIDIA comparison, and why he rejected the Tesla one Three years ago, in June 2023, NVIDIA (NASDAQ:NVDA) traded at a split-adjusted $39.41. The AI thesis was contested, hyperscaler capex was just beginning to inflect, and bears framed the stock as a cyclical chip name riding a temporary GPU shortage. Since then, NVIDIA shares are up 419.89%, the company carries a $4.95 trillion market cap, and Q1 FY27 data center revenue alone hit $75.25 billion, up 92% year over year. CEO Jensen Huang called the buildout “the largest infrastructure expansion in human history.” You can read the underlying 8-K here.
Maguire’s framing implies SpaceX is at the analogous moment. Customers are real, the infrastructure thesis is concrete, and the multiple has not yet priced in what he thinks 2029 and 2030 revenue will look like. Tesla gets rejected because it often traded on narrative rather than on visible contractual revenue. SpaceX’s Connectivity segment generated $11.39 billion in 2025, with segment adjusted EBITDA of $7.17 billion, growing 49.8% year over year. That is the part of the business already paying for the harder parts.
The three-year growth catalysts Maguire is underwriting He expects “dramatic growth” over the next three years from three vectors. Starship, orbital data centers, and Starlink direct-to-cell. SpaceX says Starship V3 should carry 100 metric tons to orbit, and the vehicle could eventually reduce the cost to reach orbit by 99% or more. Drop launch cost by two orders of magnitude and the addressable market reorders itself.
The orbital data center pitch is wilder. SpaceX expects to begin deploying orbital AI compute satellites as early as 2028, eventually a constellation of potentially millions of satellites running inference workloads in sun-synchronous orbit. The xAI acquisition closed in February 2026 and now forms the AI segment, which generated $818 million in revenue in the first quarter alone while burning operating cash on compute buildout.
The “hold forever” model and what’s actually behind it Maguire said the quiet part out loud. “I have what I think the company’s revenue is going to be in 2029, 2030. And I have what I think is a reasonable multiple on that. The answer I get to is a very big number.” He also called SpaceX’s mission “the most important mission of any company in history.” That second part is venture-capital register. The first part is a DCF dressed up in conviction language.
Early backers have an obvious reason to be vocal at debut. Newly public stocks routinely sag around lock-up expiration as insiders sell. None of that invalidates the long thesis, but it shapes how a public-market investor should pace any position.
Key-man risk and the public-market workarounds On Elon, Maguire said “Elon is the most visionary entrepreneur of all time. I also think he’s underappreciated in his operational ability.”. SpaceX’s S-1 is blunter, describing the company as “highly dependent” on Musk and noting it does not maintain key-person life insurance on him. He also runs Tesla, holds roles at Neuralink and The Boring Company, and previously served as Senior Advisor to the President.
For exposure to the same ecosystem, Tesla carries a $2 billion equity stake in SpaceX and shares Musk’s attention. Shares are down 7.2% year to date at $406, though Polymarket assigns a 90.5% probability that SpaceX carries the higher valuation between the two by June 30.
The closer launch comparable is Rocket Lab (NASDAQ:RKLB), up 34% year to date and 285% over the past year. Q1 revenue grew 63.5% to $200.35 million, backlog reached $2.2 billion, and the company was selected for the Department of War’s Space Based Interceptor program. Neutron, the medium-lift rocket meant to match Falcon 9, slipped later into 2026 after a stage-1 tank test failure. The valuation, at 102.6 times trailing sales, already prices in a lot of what has not happened yet. Which, oddly enough, is also Maguire’s argument for SpaceX. The difference being he gets to hold his shares forever at the cost basis Sequoia paid years ago, and you do not.
Verdera Energy invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com June 15, 2026 08:35 ET | Source: Virtual Investor Conferences
VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) -- Verdera Energy Corp. (TSXV:V) (OCTQB:VUECF) today announced that Janet Lee-Sheriff, Chief Executive Officer, will present live at the Energy & Precious Metals Virtual Investor Summit hosted by VirtualInvestorConferences.com, on June 16th, 2026
DATE: June 16th
TIME: 1:00 – 1:30 pm Eastern
REGISTER HERE
Available for 1x1 meetings: Wednesday June 17th 11am – 2pm Eastern and Thursday June 18th 11 am to 4pm Eastern. Schedule 1x1 Meetings here.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com.
About Verdera Energy Corp.
Verdera Energy Corp. is focused on the development of In-Situ Recovery (“ISR”) uranium assets in New Mexico. With the largest land position in a prolific uranium district, and the largest uranium endowment among U.S.-focused public uranium exploration companies, Verdera is working to meet the growing demand for clean, reliable domestic uranium. Led by a team with extensive experience in the uranium and natural resources sector, Verdera holds private mineral rights spanning approximately 400 square miles, 88 million pounds of known and historic resources and a significant proprietary uranium database. New Mexico, with expansive uranium resources, is positioned as a critical district in the U.S. domestic nuclear renaissance, driven by efforts to reduce reliance on foreign imports. Verdera is committed to fostering strong community relations and strives to work closely with local communities.
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Matternet, a leading autonomous aerial logistics technology company and the only FAA Type-Certified drone delivery platform, today announced its upcoming participation in Bank of America's “A Transforming World 2026” conference in New York City on June 16, 2026. Matternet's CEO and Founder, Andreas Raptopoulos, will present during the session “Autonomous Drone Delivery: The Next Logistics Network” from 4:10 PM ET to 4:40 PM ET. The conference will feature.
By year-end 2026, Bank of America will conduct 2,500 in-person scam and fraud prevention seminars reaching tens of thousands of consumers across the U.S. This grassroots initiative is designed to bring essential scam and fraud prevention education to local communities across the nation amidst the growing threat of digital financial scams. Other tools and resources for protecting clients from fraud include more than 1 billion educational messages sent to clients each year, the Bank of America Security Center and 50 AI-enabled fraud detection models. , /PRNewswire/ -- In support of World Elder Abuse Awareness Day, Bank of America today announced it will host 1,000 in-person scam and fraud prevention seminars, also known as "Scaminars," throughout the remainder of 2026. This will increase the total number of sessions held since the program began to 2,500, reaching tens of thousands of consumers in local communities throughout the nation. Aligned with the current Elder Abuse Awareness Month, the bank will host hundreds of these seminars in June alone.
"Our commitment to financial safety goes beyond simply reacting to threats – it's about proactively empowering people with the knowledge they need," said Jenn Ehresmann, Head of Consumer Client Protection at Bank of America. "This program aims to strengthen the financial wellness of the communities we serve through greater accessibility to fraud and scam prevention training. The robust participation we have seen across all generations shows a clear need for this type of education at the local level."
Financial fraud and scams have become more sophisticated, making it harder for people to navigate digital threats. In 2025, financial scams from social media alone resulted in reported losses of $2.1 billion, an eightfold increase since 2020, according to the Federal Trade Commission. With a curriculum built by Better Money Habits®, Bank of America's free financial education platform, the seminars address this rising challenge head-on, providing attendees with crucial information on:
Identifying common digital fraud tactics and red flags. Trending scams that may not be widely known. Resources available to clients. What to do if you become a victim. The grassroots program brings fraud prevention education directly to local communities through Bank of America's network of more than 3,500 financial centers and 2,500 Bank of America employees who conduct fraud and scam prevention seminars. Bank of America has also partnered with local law enforcement and community organizations—including retirement centers and chambers of commerce—to expand the program's reach and impact.
"Fraud prevention begins with comprehensive awareness and education," said Andrew Cromwell, Trust and Financial Protection executive at Bank of America. "When people understand scams and their warning signs, they're better equipped to protect their finances and their loved ones."
BofA Security Center, Enhanced Fraud and Identity Monitoring
Bank of America continues to help protect clients through its enhanced Security Center – which lets clients manage online and mobile banking security options. The site brings together security features, tools, and fraud and scam education in a centralized, client‑friendly experience. Bank of America also using more than 50 AI-enabled fraud detection models to help spot fraudulent activity. In addition, Bank of America provides more than 1 billion educational messages to our clients each year, including details on emerging scams, red flags and preventative tools.
BofA Rewards members, who are enrolled in My Credit, also have access to enhanced fraud and identity monitoring. These My Credit features include dark web monitoring, Social Security Number monitoring, full-service identity restoration and more.
Frequently asked questions
Question: How do clients sign up for a seminar?
Answer: Bank of America clients can register at a participating financial center, in person or by phone. The seminars are free to attend for all clients and prospects.
Question: Who should participate in a seminar?
Answer: Bank of America's fraud and scam education seminars are applicable for clients of all ages. The program also includes sessions tailored to populations vulnerable to financial scams and fraud, including youth and young adults, as well as elderly adults, ensuring that everyone can access information most relevant to them.
Question: What other tools or resources does Bank of America offer to help protect consumers from scams and fraud?
Answer: Bank of America Security Center brings together a variety of security features and educational tools. Bank of America clients can access Security Center in Mobile and Online Banking to find additional information about the level of protection of their accounts and information. Additionally, Better Money Habits, Bank of America's free financial education platform, provides a variety of additional resources on these topics.
Question: How else is Bank of America protecting clients from scams and fraud?
Answer: Bank of America has a multifaceted approach to protecting clients, from prevention and detection processes, to providing resources to front-line associates and broad-based education for the community. Bank of America has heavily invested in its fraud prevention technology to combat future risks for clients. For example, the company has developed and implemented more than 50 AI models to help prevent and detect fraud.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Reporters may contact
Don Vecchiarello, Bank of America
Phone: 1.980.387.4899
[email protected]
Extension reinforces the firm’s century-long presence in Canada and supports strategic capacity, resilience and innovation as critical supply chains evolve
NEW YORK--(BUSINESS WIRE)--JPMorganChase today announced the expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative (SRI) to Canada. The announcement builds on SRI’s recent expansion to Europe and the firm’s momentum in Canada, which has nearly doubled franchise revenue and increased headcount by a third over the past five years.
First announced in the United States in October, SRI is a $1.5 trillion, 10-year initiative to facilitate, finance and invest in five key verticals, including supply chain and advanced manufacturing, defence and aerospace, energy independence and resilience, frontier and strategic technologies, and pharma and healthtech. In Canada, JPMorganChase expects SRI to align closely with some of the country’s strengths and key priorities including defence, energy and mining, and supporting secure, resilient supply chains with trading partners.
“Canada has deep strengths on the world stage — rich in talent, abundant resources and is home to companies at the forefront of critical industries,” said Jamie Dimon, Chairman and CEO of JPMorganChase. “By extending SRI to Canada, we’re strengthening the vital industries and supply chains that underpin North American economic resilience, which is essential to shared prosperity and collective security.”
David Rawlings, CEO for JPMorganChase Canada, will lead the initiative locally, providing oversight and accountability across the country. He will work with clients and public- and private-sector organizations to advance SRI’s multilateral initiatives — including providing banking and advisory support to select next-generation companies building critical capacity in Canada, the U.S. and across global trading partners.
Separately, JPMorganChase is proud to play a leading role in the establishment of the Defence, Security and Resilience Bank (DSRB), which will be headquartered in Canada. As one of the key financial institutions helping to stand up the DSRB, our involvement reflects JPMorganChase’s deep commitment to helping finance future defence and security objectives. Canada’s selection as the headquarters further strengthens the country’s position in defence, aerospace, advanced manufacturing, and research and development.
JPMorganChase serves clients across Canada through offices in Toronto, Montreal, Calgary and Vancouver, with a focus on cross-border activity. The firm helps Canadian clients invest, grow and transact globally and serves subsidiaries of global companies operating in Canada. Through JPMorganChase’s global network in more than 100 countries, the firm helps connect Canadian companies and institutions to global capital and markets.
As Canada attracts more capital and capabilities to strengthen domestic growth and resilience, JPMorganChase is expanding its operations to support clients as investment priorities evolve and supply chains become more critical to long-term competitiveness.
For more information on SRI, please visit jpmorgan.com/sri.
About JPMorganChase
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.9 trillion in assets and $364 billion in stockholders’ equity as of March 31, 2026. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
Sammy Hagar couldn't drive 55, but Target (TGT +1.95%) was able to last week. The discount retailer has now boosted its quarterly distributions for 55 consecutive years, coming through with another dividend increase. The move was modest -- up less than 2% to a quarterly rate of $1.16 a share -- but it kept an enviable streak going for the Dividend King.
It also helped keep the upticks coming, as Target hit a 52-week high on Friday. But the stock is still a good buy despite the fresh peak. With a turnaround coming together, this could be a great time to buy the ascending 2026 market beater.
Let's go on a shopping spree.
Image source: Getty Images.
Target practice Target stock has been cheap for some time. Now that the chain is becoming chic again in investing circles, the "cheap chic" discount retailer is ready for the spotlight. A new CEO's arrival in February hasn't delivered immediate financial results, and the company is targeting modest net sales growth of 2% for the full year, but investors are willing to wait things out. There is resounding market confidence in the new approach.
Target stock has soared 38% so far in 2026. It's one of just seven S&P 500 stocks yielding more than 3% that have gained more than 30% this year. CEO Michael Fiddelke has laid out an aggressive plan to restore Target and its customer appeal to what they were in better times, and that's why, even though Target closed out last week at a fresh recent high, it's worth recalling that the stock still stands at roughly half of its 2021 all-time high.
Today's Change
(
1.95
%) $
2.59
Current Price
$
135.23
Into the playbook The stakes are high, with the stock at a 52-week high. Fiddelke has communicated a clear vision for making "Tar-zhay" cool again, but it won't come cheap. Target announced in March that it will commit an incremental $2 billion in spending this year. Half ot that will go toward capital expenditures, with the other bankrolling additional operating investments to accelerate store-level sales growth.
Target isn't just going back to the past. It's not afraid of the future. It's leaning on AI to provide a more intuitive and personalized shopping experience. The mass-market department store operator is transforming its floor plans and displays. And it's not going to be afraid to ramp up payroll if it has to spend money to make money in the future.
Target is part of the elite group of Dividend Kings -- companies that have increased their payouts for at least 50 straight years. But the stock is no longer just about the consistent dividend. That story was reinforced with last week's increase. And it's worth noting that the stock's rise this year has lowered the yield from roughly 5% at the start of the year to 3.4% today.
Still, Target shares aren't expensive despite the year-to-date climb. You're buying the chain for 16 times forward earnings and 15 times next year's profit target. That's a fair price for a turnaround story that's just starting to be told.
Rick Munarriz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy.
Shares of Target (NYSE:TGT | TGT Price Prediction) just punched through to a fresh all-time high after a remarkable six-month rebound. The stock closed at $132.64 on June 11, 2026, capping a 38.33% year-to-date surge.
After a blowout Q1 report and raised guidance, the question shareholders are asking is simple: does the rally have another leg, or is this where it cools off? Our 24/7 Wall St. price target for Target is $132.64 over the next 12 months, implying the stock is trading right at fair value. Our recommendation is hold, with a confidence level of 90%.
24/7 Wall St. Price Target Summary Metric Value Current Price $132.64 24/7 Wall St. Price Target $132.64 Upside/Downside 0% Recommendation HOLD Confidence Level 90% From the September 2025 Lows to a Fresh Record Target has rallied 7.1% over the past week alone and 41.04% over the trailing year, climbing from a 52-week low of $81.83 to a 52-week high of $132.96.
The catalyst was a standout Q1 FY2026 report on May 20, 2026: EPS of $1.71 against a $1.4612 estimate (a 17.03% beat), revenue of $25.44 billion up 6.7% YoY, and comparable sales up 5.6% on 4.4% traffic growth. Digital comps jumped 8.9% and management raised full-year sales growth guidance to roughly 4%.
Why Bulls See a Breakout Ahead The bull case rests on momentum. All six core merchandising categories posted YoY growth in Q1, gross margin expanded to 29% from 28.2%, and high-margin non-merchandise revenue (Roundel ads, Target Circle 360, Target+ marketplace) grew nearly 25%.
CEO Michael Fiddelke called the quarter “stronger than expected” with the clarified strategy “driving broad-based growth.” Retail sales at the macro level just hit $757.1 billion, a 12-month high, providing fundamental support. If Target prints near the high end of its $7.50 to $8.50 EPS range, our internal bull scenario points to $139.27 within 12 months.
Guggenheim raised the firm’s price target on Target to $145 from $140 and keeps a Buy rating on the shares.
The Risks Worth Watching The bear case starts with valuation. Forward P/E sits at 15x, in line with historical averages, leaving little room for multiple expansion. After-tax ROIC declined to 12.4% from 15.1%, and University of Michigan consumer sentiment sits at 49.8, recessionary territory.
Tariff impacts are explicitly excluded from guidance. Three analysts already rate the stock Strong Sell, and 24 of 38 sit on Hold. Bulls would counter that the ROIC dip reflects capex up 31% YoY on new stores and remodels, an investment cycle that should pay off. Still, our bear scenario suggests downside to $114.94.
Target Price Prediction 2026-2030 Our 24/7 Wall St. price target of $132.64 matches today’s price, and we rate Target a hold with 90% confidence. The execution is real, but the easy money has already been made off the September 2025 lows. T
he bull case strengthens if Q2 confirms the traffic acceleration and tariff exposure proves manageable. The risk profile worsens if consumer sentiment keeps deteriorating from 49.8 and comps decelerate below the raised 4% sales growth bar.
Year 24/7 Wall St. Price Target 2026 $132.64 2027 $136.50 2028 $141.75 2029 $146.80 2030 $151.41 These projections assume Target continues executing on its clarified strategy and that consumer spending holds up. Material upside or downside could result from tariff resolutions, sustained margin expansion in Roundel and Target+, or a deeper consumer pullback than current data suggests.
Value stocks are having their moment again, and Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) is the cleanest way to own that rotation without overpaying for it. MGV returned 28% over the past year, a number that catches the eye when you remember the fund holds boring giants like JPMorgan (NYSE:JPM | JPM Price Prediction), Berkshire Hathaway (NYSE:BRK.B), ExxonMobil (NYSE:XOM), and Procter & Gamble (NYSE:PG).
The MGV pitch is simple. You want the largest, most cash-generative value names in the US, weighted by size, at a Vanguard cost, held for a decade.
What the fund actually owns MGV tracks the CRSP US Mega Cap Value Index, which screens the top slice of US market cap for value characteristics like book-to-price and earnings yield. The result is a portfolio full of financials, healthcare, consumer staples, energy, and industrials. These are the sectors throwing off real cash today. The return engine is straightforward. You collect dividends from the underlying mega-caps and pick up whatever multiple expansion the market hands to value over your holding period.
The dividend side has done its job. MGV paid $0.79 per share in March 2026 and $0.82 in late December 2025, up from quarterly distributions in the $0.25 to $0.29 range back in 2008. That is roughly a tripling of the quarterly payout across the holding period, which is what a buy-and-hold income engine is supposed to do.
Does the strategy actually deliver Shares sit near $162 after a 15% year-to-date run, with 80% over five years and 240% over ten. Those are price returns, so reinvested dividends push the real compounding higher. Solid numbers, but the honest comparison matters. The Vanguard S&P 500 ETF (NYSEARCA:VOO) outpaced MGV across most of the past decade because the Magnificent Seven ate everything in sight. If you bought MGV in 2016 expecting to beat the broad market, you didn’t. What you got was meaningful equity participation with lower valuation risk and a fatter dividend stream, which is a different mandate.
The 2026 backdrop finally rhymes with MGV’s design. Core PCE is running 3.3% year over year and goods inflation has accelerated to 4.4%, conditions that historically favor cyclical and asset-heavy value names over long-duration growth. The 10-year Treasury yielding 4.5% sets a real hurdle for equities, but MGV’s dividend yield plus mid-single-digit earnings growth clears it for patient holders.
The tradeoffs you accept You trail in growth-led markets. MGV underweights mega-cap tech by design, so when the Magnificent Seven runs you watch from the sidelines. JPMorgan’s 2026 outlook still has Mag 7 earnings growth near 20%, well above the rest of the index. Sector concentration is real. Financials carry outsized weight in any mega-cap value index, which makes MGV partly a bet on bank net interest margins and credit quality. A 2008-style financial seizure hurts this fund more than the broad market. Dividends bend in stress. The Q3 2020 distribution of $0.46 was a real cut from prior quarters during the pandemic, a reminder that even mega-cap payouts compress when the cycle turns. Where MGV fits and where to look elsewhere MGV makes sense as a 15% to 30% core holding for investors who want US equity exposure tilted toward cash-generative incumbents and away from speculative multiples. The broader Vanguard Value ETF (NYSEARCA:VTV) covers similar ground with more mid-cap exposure, so if you want pure mega-cap concentration you stay with MGV, and if you want a wider value net you take VTV.
Investors who need maximum growth participation should anchor with VOO and treat MGV as a complement. For a retiree building a decade of equity income with some downside cushion, MGV is the rare Vanguard product that actually lives up to its name.
The bottom line MGV is not built to win every market. It is built to deliver durable, cash-backed equity returns from the largest value names in the US at a rock-bottom expense ratio, with a dividend stream that has roughly tripled across the holding period and a sector mix that finally aligns with the 2026 macro setup.
Investors who buy MGV today are not chasing the next AI winner. They are locking in ownership of the companies that already print cash, already pay shareholders, and already trade at reasonable multiples. Over the next decade, that combination of yield, valuation discipline, and mega-cap quality is the kind of unglamorous edge that compounds quietly while flashier strategies cycle in and out of favor. For a buy-and-hold core position, MGV remains one of the most defensible choices in the Vanguard lineup.
NATO-standard solution will enable real-time intelligence sharing with allied nations
, /PRNewswire/ - 49North, a wholly owned subsidiary of MDA Space Ltd. (TSX: MDA) (NYSE: MDA), today announced it has been awarded a $3.7 million CAD contract by General Atomics Aeronautical Systems, Inc. (GA-ASI) to design, build, integrate, and test a Coalition Shared Database (CSD) for Canada's Remotely Piloted Aircraft System (RPAS) program. The award is a meaningful step for 49North as it continues to establish itself as a dedicated Canadian defence integrator, delivering sovereign capabilities that strengthen decision advantage in complex and contested environments.
This contract award is an addition to the existing $74.4M RPAS contract and further strengthens 49North's role as a key member of Team SkyGuardian Canada, alongside GA-ASI, CAE, and L3Harris WESCAM, working to deliver 11 CQ-9B Guardian aircraft to the Royal Canadian Air Force (RCAF) by 2028. The Guardian is based on GA-ASI's MQ-9B, which is on order or operating for a growing list of international defence and security forces.
The CSD is a standardized, secure, and networked system based on NATO STANAG 4559 standards, designed for multinational operations to store, manage, and distribute Intelligence, Surveillance, and Reconnaissance (ISR) data. The system is designed to enable allied nations to share, search, and access heterogeneous sensor data in near real-time, facilitating a common operating picture while maintaining individual national control over information. The ability to be interoperable and have secure, multi-caveat-controlled real-time information flow with allies is a critical force multiplier for military operations.
Originally planned as a separate capability, the CSD was later integrated into the RPAS program at the request of the RCAF to ensure seamless operational performance. GA-ASI selected 49North to deliver the system based on its deep experience in coalition data-sharing and its ability to integrate complex systems within mission-critical environments.
Building on more than five decades of trusted Canadian defence delivery and prime contractor execution from MDA Space, 49North brings proven operational experience in coalition data-sharing solutions, including development work on the CP-140 program and implementation of Canada's and Australia's CSD interface for the NOCTUA and NANKEEN Heron UAV programs supporting the UN-mandated, NATO-led ISAF mission in Afghanistan.
The CSD award is the latest in a growing portfolio of defence capabilities that 49North is delivering for the CQ-9B Guardian program, which also includes production of Certifiable Ground Control Stations, Combat Search and Rescue (CSAR) Radio software, and Automated Targeting Classification image processing. Across these work packages, 49North is integrating advanced sensing technologies, autonomous systems, and secure digital mission systems—capabilities that reflect the company's broader mandate to deliver multi-domain C4ISR solutions across land, air, maritime, and joint domains for Canadian and allied defence customers.
The CSD system will reside in the main RPAS Ground Control Centre in Ottawa, with design, build, integration, and testing conducted at 49North's facility in Richmond, British Columbia. Delivery to GA-ASI is expected by August 2027.
This award further expands 49North's scope within the RPAS program and reinforces its growing role as a dedicated Canadian defence integrator of advanced C4ISR capabilities—delivering the engineering discipline, operational reliability, and mission assurance that Canada's defence modernization demands.
Quotes
"This award reflects the confidence that GA-ASI and the Royal Canadian Air Force have placed in 49North's C4ISR capabilities and our deep mission experience. 49North delivers sovereign, mission-critical defence capabilities for Canada, and coalition data sharing is exactly the type of high-assurance integration where our team excels. Interoperability with our allies is essential to Canada's defence posture, and the CSD will aim to ensure the RCAF can operate seamlessly in multinational environments."
– Joe Armstrong, President, 49North
"We're pleased to continue to build our partnership with 49North in the development and delivery of CQ-9B Guardian for Canada. This contract further strengthens the Team SkyGuardian alliance for Canada."
– Dan Fritz, Senior Program Director, General Atomics
Forward-Looking Statements
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the company's current expectations regarding future events. Such forward-looking information includes, but is not limited to, the expected scope, performance and timing of work under the contract with General Atomics Aeronautical Systems, Inc., including the design, development, integration, testing and delivery of the Coalition Shared Database, the anticipated schedule for delivery including expected completion by August 2027, the expansion of MDA Space and 49North's roles within the RPAS program, the integration of the CSD into the broader RPAS system, the ability of the CSD to support interoperability and real-time intelligence sharing among allied nations, and the expected benefits, functionality and operational effectiveness of the system for the Royal Canadian Air Force and other defence partners. Forward-looking statements are based on certain assumptions and analyses made by MDA Space and 49North in light of management's experience and perception of historical trends, current conditions and expected future developments and other factors they believe are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space and 49North to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the "Risk Factors" section of MDA Space's annual information form dated March 4, 2026.
Although MDA Space and 49North believe that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space and 49North, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this press release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space and 49North are not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About 49North
49North delivers sovereign Canadian defence capabilities with a focus on C4ISR and mission critical systems, strengthening decision advantage in complex and contested environments. Building on more than five decades of trusted Canadian defence delivery and prime contractor execution from MDA Space, 49North brings engineering discipline, operational reliability, and mission assurance to large, mission-critical defence programs. 49North integrates advanced sensing technologies, autonomous systems, secure digital mission systems, defence-qualified electronics, and long-term sustainment and in-service support of complex defence platforms across land, air, maritime, and joint domains. Headquartered in Ottawa, 49North brings trusted defence capability to reinforce Canada's long-term sovereignty and security.
ORION CORPORATION
STOCK EXCHANGE RELEASE / MAJOR SHAREHOLDER ANNOUNCEMENTS
15 June 2026 at 16.15 EEST
Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)
Orion Corporation has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the total number of Orion shares owned directly and indirectly by BlackRock, Inc. and its funds, decreased on 12 June 2026 below five (5) per cent of Orion Corporation’s total shares.
Total positions of BlackRock, Inc. and its funds subject to notification:
% of shares and voting rights
(total of point A)% of shares and voting rights through financial instruments
(total of point B)Total of both in % (points A + B)Total number of shares and voting rights of issuerResulting situation on the date on which threshold was crossed or reached4.92% shares Below 5% voting rights
0.10% shares Below 5% voting rights
5.03% shares Below 5% voting rights
141,134,278 shares 738,091,288 voting rights
Position of previous notification (if applicable)5.06% shares Below 5% voting rights
0.04% shares Below 5% voting rights
5.10% shares Below 5% voting rights
Notified details of the resulting situation on the date on which the threshold was crossed:
Point A: Shares and voting rights:
Class/type of shares
ISIN codeNumber of shares and voting rights% of shares and voting rights Direct (SMA 9:5)Indirect (SMA 9:6 and 9:7)Direct (SMA 9:5)Indirect (SMA 9:6 and 9:7)FI0009014377 6,945,461 shares Below 5% voting rights
4.92% shares Below 5% voting rights
POINT A SUBTOTAL6,945,461 shares Below 5% voting rights
4.92% shares Below 5% voting rights
Point B: Financial instruments according to SMA 9:6a:
Type of financial instrumentExpiration dateExercise / Conversion PeriodPhysical or cash settlementNumber of shares and voting rights% of shares and voting rightsAmerican Depositary Receipt (US68628Y1047)N/AN/APhysical206 shares Below 5% voting rights
0.00% shares Below 5% voting rights
Securities Lent
N/AN/APhysical90,231 shares Below 5% voting rights
0.06% shares Below 5% voting rights
CFDN/AN/ACash64,471 shares Below 5% voting rights
0.04% shares Below 5% voting rights
POINT B SUBTOTAL154,908 shares Below 5% voting rights
Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
www.orionpharma.com
Orion Pharma is a globally operating Nordic pharmaceutical company – a builder of well-being for over a hundred years. We develop, manufacture and market human and veterinary pharmaceuticals as well as active pharmaceutical ingredients, combining our trusted expertise with continuous innovation. We have an extensive portfolio of proprietary and generic medicines and consumer health products. The core therapy areas of our pharmaceutical R&D are oncology and pain. Proprietary products developed by us are used to treat cancer, respiratory diseases and neurological diseases, among others. In 2025 our net sales amounted to EUR 1,890 million, and we employ about 4,000 professionals worldwide, dedicated to building well-being.
On June 15, 2026, we delve into the DCF analysis for PepsiCo Inc PEP , a company that has shown mixed price performance recently. Over the past week, PEP's stock has increased by 1.7%, but it has decreased by 4.0% over the last month. Year-to-date, the stock has gained 2.5%, and over the past year, it has appreciated by 13.4%. Here are some key insights:
DCF Earnings-based intrinsic value of $99.30 vs current price of $144.27 (margin of safety: -45.3%) DCF FCF-based intrinsic value of $74.33 vs current price (second opinion: -94.1% margin of safety) GF Score™ of 91/100 indicates high reliability of the DCF inputs What Is PEP Worth? DCF Earnings-Based Model The DCF earnings-based model for PepsiCo Inc PEP employs a two-stage approach to estimate the intrinsic value of the stock. The first stage involves a growth phase lasting 10 years, where we expect the EPS to grow at a rate of 6.2% annually. This is followed by a terminal phase where growth slows to a 4% rate for the subsequent 10 years. The discount rate applied is 11%, which combines the risk-free rate and equity risk premium.
Parameter Value Current EPS (TTM, excl. non-recurring) $7.96 10-Year Growth Rate 6.2% 10-Year Treasury Rate 4.45% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The calculation summary for the DCF model is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.2%, discounted at 11% $62.92 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $36.38 Intrinsic Value Growth + Terminal $99.30 Comparing the current price of $144.27 with the intrinsic value of $99.30 indicates that PEP is modestly overvalued, with a margin of safety of -45.3%. It is important to note that GuruFocus uses EPS excluding non-recurring items because research shows stock prices correlate more closely with earnings than free cash flow. For further analysis, visit the PEP DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for PepsiCo Inc is calculated at $74.33. When comparing this with the earnings-based intrinsic value of $99.30, we see a significant discrepancy. Both models suggest that PEP is modestly overvalued, with the FCF model indicating a much larger margin of safety of -94.1%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for PepsiCo Inc stands at $172.67, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure calculated from historical trading multiples, past business growth, and future performance estimates. The earnings-based DCF, FCF-based DCF, and GF Value™ all indicate that PEP is currently overvalued. For more information, visit the GF Value™ page.
What Does PEP's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006-2021. Below is the GF Score™ breakdown for PepsiCo Inc:
Metric Rating GF Score™ 91/100 Financial Strength 5/10 Profitability 9/10 Growth 8/10 Valuation 10/10 Momentum 10/10 The predictability rank for PEP is 2/5 stars, indicating that the DCF model may be less reliable for this stock. For more details, visit the PEP stock page.
Key Assumptions and Limitations It is important to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings, such as PEP's 2/5 stars, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions accurately.
What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—the consensus indicates that PepsiCo Inc is currently overvalued. The earnings-based intrinsic value of $99.30 and the FCF-based intrinsic value of $74.33 both suggest caution for potential investors. The GF Value™ further supports this view with a valuation of $172.67.
For the full DCF analysis, visit the PEP DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is PEP's intrinsic value based on DCF?
[Answer: earnings-based $99.30, FCF-based $74.33]
Is PEP overvalued or undervalued?
[Answer using DCF + GF Value™ consensus]
How reliable is the DCF model for PEP?
[Answer using predictability rank 2/5]
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].
I rate Qualcomm a buy with a $299 price target, reflecting 42% upside potential from the current level. My main growth drivers are handset normalization, hyperscaler custom silicon, Automotive ADAS and cockpit compute, industrial IoT and physical AI, and continued buybacks. The recent SpaceX IPO has also broadened investor focus to distributed AI infrastructure, enhancing QCOM's strategic relevance in connectivity and low-power AI chips.
Shares of Qualcomm Inc NASDAQ: QCOM are doing what they, unfortunately, do best: selling off hard. At one point in the last week, the semiconductor giant traded around $190, after being above $250 just a week earlier. That’s a drop of more than 25%, giving back a sizable chunk of the 100%+ rally it enjoyed from April into May. For a stock that had just hit fresh all-time highs and looked to have finally rounded a corner, it's a painful reversal.
Qualcomm Today
$211.72 0.00 (0.00%)
As of 06/12/2026 04:00 PM Eastern
52-Week Range$121.99▼
$259.92Dividend Yield1.74%
P/E Ratio23.01
Price Target$184.29
Much of this isn't Qualcomm-specific. Chip and AI-related stocks have been falling alongside the broader market downturn triggered by the May labor report and by growing uncertainty over tensions in the Middle East.
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But there's a Qualcomm-related element to the selling, too, with concerns circulating that the stock's valuation had become overextended relative to its fundamentals after such an aggressive run.
That's exactly why the company's upcoming Investor Day, set for June 24, is suddenly so important. JPMorgan flagged it as a catalyst to watch closely because, if management gets it right, it could remove much of the weight that's been dragging the stock down. For those of us watching from the sidelines, that sets up an interesting couple of weeks.
What's Behind the Sudden SelloffThe speed of Qualcomm's reversal says more about market positioning than it does about the company itself. A stock that doubles in less than two months attracts a lot of fast money, and when the broader mood turns risk-off, that money tends to leave even faster than it arrived. With sentiment toward semis and AI names cooling markedly over the past fortnight, Qualcomm was always going to be one of the more exposed names.
Qualcomm Incorporated (QCOM) Price Chart for Monday, June, 15, 2026
The valuation concern is the part worth taking seriously. As the 100% rally was peaking last month, Qualcomm’s price-to-earnings ratio was also peaking at its highest level in more than a decade. In other words, investors were being asked to pay up for a growth story that, while compelling in the broader context of the AI revolution, hadn't yet been formally laid out by Qualcomm’s management.
That gap is precisely what created the air pocket the stock has fallen into. It's also precisely what the Investor Day can fix.
Why June 24 Could Change EverythingJPMorgan analyst Samik Chatterjee added a positive catalyst watch on the stock this week ahead of the event. The expectation is that Qualcomm will use the day to formally outline its data center strategy, built across three pillars spanning custom silicon, merchant CPUs, and AI accelerators.
More importantly, Chatterjee expects management to set hard revenue targets against those ambitions, stretching from the next fiscal year through the early 2030s. Alongside continued robust growth in automotive and an inflection in its Internet of Things (IoT) business, projections are expected to show that non-handset markets will contribute the vast majority of revenue by the end of the decade, with data centers alone becoming a major pillar.
That's the diversification story investors have been waiting for Qualcomm to tell convincingly for years. The company has long been viewed and valued as a smartphone chip supplier that’s basically held hostage to handset cycles. A credible, numbers-backed roadmap showing it transforming into a diversified data center and AI player would change the entire conversation about how much the stock deserves to be multiplied.
The JPMorgan Update Worth Reading TwiceHere's where it gets really interesting. Alongside the catalyst watch, Chatterjee raised his price target on Qualcomm from $160 to $265, an increase of more than 60% in one move, while keeping a Neutral rating, suggesting lingering caution. Despite the rating, a price target jump of that magnitude is rare, especially given that it would push the stock even higher than the record levels it briefly touched last month.
To be specific, from recent prices around $212, the $265 target implies about 25% upside. When an analyst who isn't even officially bullish on a stock sees that much room above the current price, it tells you something about how overdone the recent selling may have been.
Weighing Up the OpportunityStill, none of this eliminates the risk that the Investor Day will disappoint. Qualcomm needs to deliver targets ambitious enough to justify the AI-era rerating the bulls want, while remaining credible enough for the market to believe them. Any miss on either side of that balance, and a stock this volatile could easily take another leg lower, particularly if the broader semi selloff continues in the background.
However, for investors who believe in the emerging diversification story, the setup is hard to ignore. The stock is much cheaper than it was a week ago, the fundamentals haven't changed, and a major catalyst is now less than two weeks away. While the recent price action is telling investors to stay away, the calendar is saying this might actually be the time to start paying attention.
Should You Invest $1,000 in Qualcomm Right Now?Before you consider Qualcomm, you'll want to hear this.
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The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Adobe (NASDAQ:ADBE | ADBE Price Prediction) just delivered a record quarter, raised its full-year outlook, and watched its stock fall anyway. That gap between fundamentals and price action frames our thesis.
The stock trades at $218.80 after a 15.33% one-week drop and a 37.48% year-to-date decline. Our 24/7 Wall St. price target for Adobe is $320.46, implying 46.46% upside over the next 12 months. Our model rates Adobe buy with 90% confidence.
24/7 Wall St. Price Target Summary Metric Value Current Price $218.80 24/7 Wall St. Price Target $320.46 Upside 46.46% Recommendation BUY Confidence Level 90% A Record Quarter Met With a Selloff Adobe reported Q2 FY2026 on June 11, 2026, with record revenue of $6.62 billion, up 13% year over year, and non-GAAP EPS of $5.96, the fifth consecutive beat. AI-first ARR tripled year over year and exceeded $500 million, while total Adobe ARR hit $27.10 billion.
Management raised the full-year FY2026 revenue range to $26.50 billion to $26.60 billion and non-GAAP EPS to $24.35 to $24.45.
The stock still fell 6.25% on June 11. The market focused on the abrupt departure of CFO Dan Durn, announced just months after CEO Shantanu Narayen disclosed his own transition. Add a sector-wide software selloff (Autodesk dropped 5.4% the same day) and you get a stock 19% below its 52-week high of $405.00.
The Case for $368 and Higher Our bull scenario points to $368.55, a 68.44% return. The driver is AI monetization. CEO Shantanu Narayen said, “Adobe delivered record revenue of $6.62 billion in Q2 reflecting strong AI-driven demand across our customer groups and we are raising our full-year fiscal 2026 revenue and non-GAAP EPS targets on the strength of that performance.”
The Business Professionals & Consumers segment accelerated 16% YoY, Semrush is contributing roughly $480 million in ARR, and operating cash flow hit $2.17 billion in the quarter. Investor Michael Burry has argued the market is underpricing Adobe, citing AI asset potential. Of 39 analysts, 15 rate Adobe a Buy or Strong Buy, with a consensus target of $329.33.
What Could Go Wrong Our bear scenario still lands at $284.53, a 30% return, but the risks deserve respect. CFO Dan Durn exits June 15, 2026, stacking a finance transition onto a CEO transition. Generative AI competitors are pressuring pricing power, and GAAP EPS of $4.25 absorbed a $70 million goodwill impairment on the Publishing & Advertising unit plus a $30 million litigation accrual.
Bulls would counter that both charges are non-cash or non-recurring and that Adobe repurchased 8.5 million shares for $2.111 billion in Q2 alone. Insider activity skews net selling, a yellow flag worth monitoring.
Adobe Price Prediction 2026-2030 The 24/7 Wall St. price target of $320.46 reflects a buy with 90% confidence. Adobe trades at a forward multiple of 10x with a PEG ratio of 0.675, valuations more typical of a no-growth utility than a software franchise growing subscriptions 14% YoY.
The thesis strengthens if the interim CFO communicates continuity at the next earnings call. It weakens if AI-first ARR growth meaningfully decelerates from its current tripling pace. The valuation does the heavy lifting in our thesis.
Year 24/7 Wall St. Price Target 2026 $320.46 2027 $395.00 2028 $472.00 2029 $548.00 2030 $627.81 These projections assume Adobe continues converting its AI investments into paid ARR at the current trajectory and that subscription growth holds near the 10.2% ARR growth management has guided. Significant upside could come from Semrush integration accelerating Digital Experience growth, while downside risk centers on competitive AI disruption.
Adobe's ARR included $480 million from the recent Semrush acquisition. Once you adjust for the acquisition, the organic ARR growth was 10.5%, which implies ten consecutive quarters of deceleration in revenue growth. What also doesn't inspire a lot of confidence is when you notice opex growth of ~17% surpassing revenue growth of ~13% last quarter. Perhaps the more pressing concern was that management maintained its FY'26 Total ARR growth target of 10.2%, but only by folding in the ~$480 million of ARR that came with Semrush, which closed in April.
SummaryIBM (NYSE:IBM) is positioned as a leading beneficiary of the US government's $2B quantum computing initiative, receiving half the total grant. The $1B cash-for-equity proposal from the US government is seen as a bullish catalyst, setting a valuation floor and elevating IBM’s quantum leadership profile. IBM’s near-term growth is anchored by its Red Hat OpenShift platform, Data platform, and hybrid quantum-AI strategy, with management guiding for at least 5% top-line growth. Valuations below 21-22x forward earnings are attractive, with potential for exit multiples above 27-28x if IBM executes across Software, Consulting, AI, and Quantum. Just_Super/iStock via Getty Images
Investment Thesis This year has been unique for International Business Machines Corp. (NYSE:IBM).
IBM was able to rapidly position itself as an early beneficiary of the AI wave that started in late 2022. IBM quickly rallied
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Key Takeaways Newmont shares are down 8.7% in a month, underperforming the industry and the S&P 500.NEM is expanding production with projects like Cadia Panel Caves and Tanami Expansion 2.Higher costs and lower 2026 production may weigh on Newmont's profitability. Newmont Corporation's (NEM - Free Report) shares have lost 8.7% in the past month, partly reflecting the recent retreat in gold prices on inflation worries stemming from heightened tensions in the Middle East.
NEM stock has underperformed the Zacks Mining – Gold industry’s 7.8% fall and the S&P 500’s 0.7% decline. Among its gold mining peers, Barrick Mining Corporation (B - Free Report) , Agnico Eagle Mines Limited (AEM - Free Report) and Kinross Gold Corporation (KGC - Free Report) have lost 1%, 9.2% and 10.3%, respectively.
NEM’s One-month Price Performance Image Source: Zacks Investment Research
The NEM stock slipped below its 200-day simple moving average (SMA) on June 5, 2026. It is also currently trading below its 50-day SMA. The 50-day SMA is reading higher than the 200-day SMA, following a golden crossover on April 16, 2025, indicating a bullish trend.
NEM Stock Trades Below 50-Day SMA Image Source: Zacks Investment Research
Given the pullback in Newmont’s shares, investors might be tempted to snap up the stock. But is this the right time to buy NEM? Let’s find out.
Key Projects & Asset Streamlining to Aid NEM’s GrowthNewmont continues to invest in growth projects in a calculated manner. The company is pursuing several projects, including the Cadia Panel Caves and Tanami Expansion 2 in Australia. These projects should expand Newmont’s production capacity and extend mine life, driving revenues and profits.
In October 2025, NEM achieved a significant milestone at Ahafo North. It achieved commercial production at the project, which followed the first gold pour in September 2025. Ahafo North is expected to produce between 275,000 and 325,000 ounces of gold annually over an estimated mine life of 13 years. Output is expected to be 315,000 ounces this year, with a ramp-up to full capacity.
Newmont has also divested non-core businesses as it shifts its strategic focus to Tier 1 assets. The company generated $3.6 billion from its portfolio optimization actions in 2025. These funds will support Newmont’s capital allocation strategy, which focuses on reinforcing its balance sheet and delivering returns to its shareholders.
Robust Financial Health Supports NEM’s Capital AllocationNewmont has a strong liquidity position and generates substantial cash flows, which allow it to fund its growth projects, meet short-term debt obligations and drive shareholder value. At the end of the first quarter of 2026, Newmont had robust liquidity of roughly $12.8 billion, including cash and cash equivalents of around $8.8 billion. Its free cash flow surged 161% year over year to a record $3.1 billion in the first quarter, led by an increase in net cash from operating activities. Net cash from operating activities amounted to $3.8 billion in the first quarter, up from $2 billion in the year-ago quarter.
NEM has distributed $3.4 billion to its shareholders through dividends and share repurchases in 2025. It has returned $2.7 billion to its shareholders since Feb. 19, 2026. Newmont has executed repurchases of $6 billion under the earlier authorized share purchase programs, including $2.4 billion since the fourth-quarter 2025 earnings call. Its board has approved an additional $6 billion repurchase program. NEM offers a dividend yield of 1% at the current stock price. Its payout ratio is 12%.
Newmont also remains committed to deleveraging, reducing debt by roughly $3.4 billion in 2025. It reduced debt by an additional $42 million in the first quarter, resulting in a strong net cash position of $3.2 billion.
Favorable Gold Prices Bode Well for NEM StockNewmont stands to benefit from elevated gold prices, which should drive its profitability and cash flow generation. While gold prices have retreated sharply from their January 2026 peak, they continue to remain at supportive levels.
Heightened geopolitical tensions, a weaker U.S. dollar, tariff-related concerns and concerns surrounding the Federal Reserve’s independence had driven bullion to a record high of nearly $5,600 per ounce in late January. Since then, gold has pulled back sharply due to inflation concerns triggered by a surge in crude oil prices amid persistent Middle East tensions, with prices falling to $4,500 per ounce around the end of May.
Bullion continued to retreat this month amid heightened tensions in the Middle East, inflation worries and prospects of an interest rate hike, with prices slipping below $4,100 per ounce last week. Prices hit a seven-month low as fresh U.S. strikes on Iran fueled a rally in oil prices, stoking inflation concerns. Gold has recovered to above $4,300 per ounce lately, following the announcement of a U.S.-Iran peace deal, leading to a decline in oil prices.
Weaker Production, Higher Costs Cloud NEM’s ProspectsNEM saw lower gold production for the first quarter of 2026, partly linked to its strategic divestment of non-core assets. NEM reported a roughly 16% year-over-year and 10% sequential decline in attributable gold production to 1.3 million ounces. Newmont expects second-quarter 2026 production to be below the first-quarter level.
The company anticipates gold production at about 5.26 million ounces for 2026, indicating a year-over-year decline from 5.89 million ounces in 2025. NEM expects lower production from Penasquito and Cadia in 2026 due to the site transitions. It also sees lower-than-expected production from Nevada Gold Mines and Pueblo Viejo. These will be partly offset by contributions from the newly commissioned Ahafo North mine.
Lower production is expected to lead to higher unit costs in 2026. NEM expects all-in-sustaining costs (AISC) — a critical cost metric for miners — to be $1,680 per ounce on a by-product basis, a notable increase from $1,358 per ounce in 2025. The expected increase is due to lower sales volumes as a result of planned mine sequencing, higher royalties and production taxes, deferral of sustaining capital from 2025 into 2026 and inventory changes. Newmont also sees a significant sequential increase in unit costs in the second quarter, partly due to increased sustaining capital spending, higher costs associated with sales at Boddington, Tanami, Lihir and Penasquito and increased oil prices. The production decline and higher costs could undercut the profitability goals.
NEM’s Earnings Estimates NorthboundNewmont’s earnings estimates for 2026 have been going up over the past 60 days. The Zacks Consensus Estimate for second-quarter 2026 has also been revised higher over the same time frame.
The Zacks Consensus Estimate for 2026 earnings is currently pegged at $9.91, suggesting year-over-year growth of 43.8%. Earnings are expected to grow roughly 57.3% in the second quarter.
Image Source: Zacks Investment Research
A Look at Newmont Stock’s ValuationNewmont is currently trading at a forward price/earnings of 9.73X, roughly in line with the industry’s average of 9.7X. NEM is trading at a discount to Barrick and Agnico Eagle and at a premium to Kinross Gold. Newmont and Barrick currently have a Value Score of B each. Kinross Gold and Agnico Eagle have a Value Score of A and C, respectively.
NEM’s P/E F12M Vs. Industry, B, AEM and KGC Image Source: Zacks Investment Research
Final Thoughts: Hold Onto NEM SharesNewmont remains well-positioned for growth, supported by the solid performance of its operations and a strong pipeline of projects that are expected to increase production capacity, extend mine life and support higher revenues and earnings. The company’s asset optimization, which focuses on directing capital toward high-return, long-life operations, further strengthens its long-term outlook.
Other positives include rising earnings estimates and a healthy growth trajectory. Favorable bullion prices should also boost NEM’s profitability and drive cash flow generation. However, lower production stemming from divestitures and lower ore grades, along with elevated costs, could pressure overall performance. Retaining this Zacks Rank #3 (Hold) stock will be prudent for investors who already own it.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Acquisition will bring Fin’s customer agent platform to companies of all sizes, accelerating time-to-value and expanding Salesforce’s ability to deliver autonomous agents across the enterprise
SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE: CRM), the global leader in CRM, today announced it has signed a definitive agreement to acquire Fin, formerly Intercom, an industry-leading customer agent company. Under the terms of the agreement, Salesforce will acquire Fin for approximately $3.6 billion, subject to customary purchase price adjustments.
Fin’s core offering, its AI Agent, resolves complex customer queries end-to-end, across every channel, including live chat, email, WhatsApp, SMS, phone, and Slack. The AI Agent is powered by the company’s proprietary AI model, Apex, that is purpose-built for customer support and has demonstrated industry-leading resolution rates that outperform top commercially available frontier models.
"We’re thrilled to welcome Fin to Salesforce as we enable every company to become an agentic enterprise,” said Marc Benioff, Chair and CEO, Salesforce. “Fin brings proven agent technology, a deep commitment to customer success, and an incredible AI team that will complement Agentforce with powerful service agent capabilities. Together, we’ll help companies of every size seize this opportunity — accelerating time to value with trusted agents that deliver measurable outcomes at scale."
"This is a major win for consumers of the world,” said Eoghan McCabe, Chief Executive Officer and Co-Founder of Fin. “Our technology has defined this category and set the new standards for what great customer service looks like today. By joining forces with Salesforce, we can deploy it far and wide at a rate far faster than we could have ever achieved on our own.”
Accelerating Agentic Time-to-Value Across Customer Segments
Building on the strength of Agentforce, which reached $1.2 billion in ARR in Q1 FY27, up 205% year-over-year, Fin’s packaged offerings and proprietary models will complement Agentforce’s deeply customizable platform with additional fast-to-value deployment options for service organizations.
Upon close, Salesforce and Fin will give customers more ways to deploy AI agents across their customer service operations, with fast time-to-value options especially well-suited for SMB and some commercial organizations that need to launch quickly, integrate with existing systems, and deliver measurable outcomes. Together, Salesforce and Fin will support customers at every stage of AI adoption, from rapidly deployable support agents to more tailored, enterprise-scale transformations built on trusted data, security, governance, and integration.
Fin’s AI agent technology will help organizations improve autonomous resolution, reduce cost-to-serve, and accelerate AI adoption across their service organizations. The AI Agent has already demonstrated strong customer outcomes, including examples of AI agents resolving on average 76% of support volume end-to-end. The acquisition will also bring a long-tenured technical AI team and an established global customer base of more than 30,000 companies to Salesforce.
Transaction Details
The transaction is expected to close in the fourth quarter of Salesforce’s fiscal year 2027, subject to the satisfaction of customary closing conditions, including the receipt of required regulatory clearances. Based on the expected timing of closing of the transaction, there is no anticipated change to Salesforce’s fiscal year 2027 financial guidance, previously announced on May 27, 2026. The transaction will not impact Salesforce’s capital return program.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 regarding the proposed acquisition of Fin by Salesforce that involve substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this report include, among other things, statements about the potential benefits of the proposed acquisition and its lack of impact on previously announced guidance and our capital return program, Salesforce’s plans, the financial condition, results of operations and business of Salesforce and the anticipated timing of the closing of the proposed acquisition. Risks and uncertainties include, but are not limited to: the satisfaction of closing conditions; Salesforce’s ability to successfully integrate Fin; and potential disruptions to business relationships resulting from the announcement. Additional information is detailed in Salesforce’s latest filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Salesforce assumes no obligation to, and does not intend to, update these forward-looking statements, except as required by law.
About Salesforce
Salesforce helps organizations of any size become agentic enterprises - integrating humans, agents, apps, and data on a trusted, unified platform to unlock unprecedented growth and innovation. Visit www.salesforce.com for more information.
Signage for Salesforce is displayed at National Retail Federation (NRF) 2026: Retail's Big Show, in New York City, U.S., January 12, 2026. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 15 (Reuters) - Salesforce (CRM.N), opens new tab said on Monday it had signed an agreement to buy autonomous AI agent platform Fin for about $3.6 billion.
The deal strengthens Salesforce's Agentforce platform, as technology firms compete to roll out usage-based autonomous digital workers across enterprises.
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Following completion, Salesforce and Fin will expand options for deploying AI agents in customer service, allowing customers to incorporate them with existing systems, the companies said.
Fin makes an AI customer agent that handles support questions across live chat, email, WhatsApp, SMS, phone and Slack.
The deal is expected to close in the fourth quarter of Salesforce's fiscal year 2027, and no change is expected to the company's forecast and capital return program.
Reporting by Anhata Rooprai in Bengaluru; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Salesforce (CRM) on Monday announced the acquisition of artificial intelligence software maker Fin for $3.6 billion. Salesforce stock, down 37% in 2026 as of Friday's market close, advanced amid a broad market rally.
Salesforce said Fin, formerly Intercom, provides AI agent-based customer support. Its software works over live chat, email, WhatsApp, text messaging, phone, and Slack.
Many software companies are focused on helping companies modernize their proprietary data to build artificial intelligence applications. Salesforce and other software firms are developing autonomous, goal-driven "AI agents" that perform tasks, such as shopping, over the internet.
↑ X NOW PLAYING How The Software Sector Can Make A Comeback In 2026
Customers have been in trials with Salesforce Agentforce products since late 2024.
The enterprise software maker reported first quarter earnings and revenue that beat Wall Street targets as artificial intelligence products gained traction.
The software maker in February announced a $50 billion buyback. In the April quarter, Salesforce repurchased $25 billion of its own stock. Salesforce ended fiscal Q1 with total cash and equivalents of $11.84 billion and net debt at $28 billion.
On the stock market today, Salesforce stock rose a fraction to 167.25 in early trading.
Many software stocks have pulled back in 2026 amid investor worries that artificial intelligence companies like OpenAI and Anthropic will emerge as competitors. There's growing investor angst over generative AI software coding tools and automated AI assistants, and how they might impact traditional software product growth.
Salesforce offers access to business software applications based on a subscription model. Its software helps businesses organize and handle sales operations and customer relationships.
Salesforce Stock Technical Ratings Meanwhile, CRM stock owns a Composite Rating of 49 out of a best-possible 99, according to IBD Stock Checkup. IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Salesforce stock holds an Accumulation/Distribution Rating of C. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity, quantum computing and cloud computing.
Key Takeaways Lenovo's Football AI Pro and 3D tools are helping power analysis, VAR reviews and fan experiences. Alphabet and Salesforce support tactical insights, tournament operations and volunteer management.Visa and NVIDIA provide AI-driven payments, broadcasting, analytics and computing infrastructure. The FIFA (Fédération Internationale de Football Association) World Cup 2026 kicked off on June 11. The undisputedly biggest sporting event in the world will remain the most widely discussed topic till the final match on July 19.
Besides football matches, the event is in the spotlight for its extensive use of artificial intelligence (AI) technologies for the first time. AI will cover various spheres of the tournament to be hosted by three countries, participated by 48 nations, for 104 matches to be played in 16 different stadiums.
The Football AI Pro platform of FIFA and its technology partners, sensor-packed smart match ball, generative AI-based 3D player architecture and AI-driven stabilization software, to name a few, will establish the supremacy of AI technologies throughout the tournament.
At this stage, we recommend five stocks for investors that are likely to benefit from this tournament. The companies are: Lenovo Group Ltd. (LNVGY - Free Report) , Alphabet Inc. (GOOGL - Free Report) , Salesforce Inc. (CRM - Free Report) , Visa Inc. (V - Free Report) and NVIDIA Corp. (NVDA - Free Report) .
The chart below shows the price performance of our five picks in the past month.
Image Source: Zacks Investment Research
Lenovo Group Ltd.Lenovo is the official technology partner of the 2026 FIFA World Cup. LNVGY’s Football AI Pro platforms deliver cutting-edge AI-powered tactical data analytics tools, which will make the task of 48 teams and their coaches easy in an extensive cross-section analysis of their opponents using real-time data.
LNVGY’s AI-enabled 3D architecture will provide accuracy and transparency with advanced visualization. For the first time in FIFA World Cup, spectators inside stadiums will be able to watch the same footage viewed by referees during Video Assistant Referee (VAR) reviews, for situations like offside decisions.
LNVGY currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Strong Estimate Revisions & Attractive ValuationLenovo has an expected revenue and earnings growth rate of 13% and -7.7%, respectively, for the current year (ending March 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 22.2% over the last 30 days.
Despite a robust rally, the LNVGY stock still looks attractive. It trades at a forward 12-month price-to-earnings (P/E) multiple of 20.86, a price-to-sales (P/S) multiple of 0.43 and a price-to-book (P/B) multiple of 4.52, which are lower than the industry average of 21.20, 1.91 and 9.09, respectively. This discount adds to the appeal for long-term investors.
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Alphabet Inc.Alphabet is providing its Gemini AI platform, and its DeepMind TacticAI tools are reshaping the tactical analysis power of participating nations. GOOGL has partnered with major teams such as Argentina for its Gemini AI. By implementing its AI tool, coaches and officials can quickly understand opponents’ strategy and tactics and evaluate players’ fitness.
DeepMind's TacticAI tools are used by football superpowers like the Brazilian Football Confederation. This system processes vast historical match data, enabling coaches to formulate tactical, set-piece situations, such as corner kicks, direct or indirect free kicks. GOOGL currently carries a Zacks Rank #3 (Hold).
Solid Estimate Revisions & Reasonable ValuationAlphabet has an expected revenue and earnings growth rate of 23.1% and 32.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% over the last 30 days.
GOOGL trades at a forward 12-month P/E multiple of 25.15, which is at a premium to the industry average of 16.27. This premium is warranted due to GOOGL’s dominant position as an AI hyperscaler.
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Salesforce Inc. Salesforce is an official partner of FIFA for the World Cup 2026 tournament. CRM will leverage its Agentforce 360 AI platform and workplace collaboration tool, Slack, to connect tournament operations across 16 host cities and manage thousands of volunteers.
Using CRM’s AI platforms, FIFA officials can seamlessly manage ground staff and operations, ticketing, security, and logistics across 16 different stadiums. CRM currently carries a Zacks Rank #3.
Solid Estimate Revisions & Lucrative ValuationSalesforce has an expected revenue and earnings growth rate of 11% and 12.8%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 7.4% over the last 30 days.
CRM is currently trading in negative territory year to date. It trades at a forward 12-month P/E multiple of 11.75, which is well below the industry average of 18.42. The stock looks lucrative at this valuation.
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Visa Inc.Visa is the official payment technology partner of FIFA for the 2026 World Cup. V’s AI-powered frictionless contactless payments infrastructure optimizes stadium-wide tap-to-enter and concession systems for all 16 stadiums across three host nations.
With fraud cases on the rise and AI adoption increasing, V’s services are in high demand. Visa has embedded AI and generative AI into over 100 products, primarily for fraud prevention and cybersecurity. V’s AI infrastructure enables real-time, gamified rewards and interactive challenges for fans as they travel. Visa currently carries a Zacks Rank #2 (Buy).
Solid Estimate Revisions & Reasonable ValuationVisa has an expected revenue and earnings growth rate of 13.4% and 14.1%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 2% over the last 60 days.
Visa trades at a forward 12-month P/E multiple of 24.62, which is at a premium to the industry average of 9.55. This premium is warranted due to V’s dominant position in today’s AI-powered global financial technology space.
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NVIDIA Corp.NVIDIA — the undisputed global leader of generative AI-powered graphical processing units — is likely to be the backbone of the tournament’s massive computing, broadcasting and analytics infrastructure.
NVDA’s generative AI-based chips will be used for real-time digital broadcasting, 3D architecture and real-time sports analytics. Lenovo said that it has partnered with NVDA to deliver scalable AI-powered solutions for the tournament. NVDA currently carries a Zacks Rank #3.
Impressive Estimate Revisions & Attractive ValuationNVIDIA has an expected revenue and earnings growth rate of 78.5% and 87.8%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 10.1% over the last 30 days.
NVIDIA trades at a forward 12-month P/E multiple of 22.90, which is at a significant discount to the industry average of 66.35. NVIDIA represents a rare opportunity to invest in a company with proven execution and substantial unrealized potential in the AI revolution.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (NYSE: IIPR) (“IIP” or the “Company”) announced today that its board of directors has declared a second quarter 2026 dividend of $1.90 per share of common stock, representing an annualized dividend of $7.60 per common share. Since its inception in 2016, the Company has paid $1.2 billion in common stock dividends to its shareholders.
Additionally, IIP announced today that its board of directors has declared a regular quarterly dividend of $0.5625 per share of IIP’s 9.00% Series A Cumulative Redeemable Preferred Stock.
The dividends are payable on July 15, 2026 to stockholders of record at the close of business on June 30, 2026.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Additional information is available at www.innovativeindustrialproperties.com.
This press release contains statements that IIP believes to be “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts are forward-looking statements. When used in this press release, words such as IIP “expects,” “intends,” “plans,” “estimates,” “anticipates,” “believes” or “should” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Forward-looking statements include discussions of the amount, growth, timing and payment of dividends. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company’s annual report on Form 10-K for the year ended December 31, 2025. Investors should not place undue reliance upon forward-looking statements. IIP disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
More News From Innovative Industrial Properties, Inc.
UPCOMING DRILL PROGRAM TO SUPPORT UPDATED NI 43-101 RESOURCE
, /PRNewswire/ - A2Gold Corp. ("A2Gold" or the "Company") (TSXV: AUAU) (OTCQX: AUXXF) (FRA: RR7) is pleased to announce that it has completed the acquisition of a 100% interest in the Taylor Silver-Gold Project ("Taylor" or the "Project") located in White Pine County, Nevada, from White Pine Precious Metals Inc. ("White Pine").
Map 1: Location of the Taylor Silver-Gold Project, Nevada The completion of the Taylor acquisition, subject to closing conditions of recording, share issuance and other minor issues, represents a significant milestone in A2Gold's strategy to build a leading Nevada-focused precious metals exploration and development company. Taylor adds a second district-scale project to the Company's portfolio and provides exposure to a large, highly prospective silver-gold system with meaningful antimony, carbonate replacement deposit ("CRD"), skarn and porphyry exploration potential. The Taylor Project comprises approximately 117 km² (45 mi²) of mineral claims in a Tier-1 Nevada mining jurisdiction. The Project is fully permitted and drill-ready, benefits from significant existing infrastructure, and hosts a historical silver resource together with multiple gold, silver and antimony exploration targets across a district-scale mineralized system.
A2Gold has commenced mobilization of a drill rig to Taylor and expects the rig to be on site within the next two weeks. The initial drill program is expected to focus on three principal objectives:
Drilling the Existing Historical Silver ResourceThe Company intends to drill in and around the existing historical silver resource footprint to confirm and expand known silver mineralization and to support preparation of an updated NI 43-101 mineral resource estimate. Evaluating Gold MineralizationTaylor hosts significant oxide gold exploration potential across a large district-scale corridor. Gold was not included in the historical 2018 silver resource estimate, and A2Gold believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system. Testing Priority Gold-Antimony TargetsThe Company also intends to test priority gold-antimony targets identified through historical work, surface sampling, geological mapping and modern geophysical surveys. These targets are considered important to evaluating Taylor's potential as a precious metals project with meaningful critical mineral upside. Together with the Company's recently completed acquisition of 26 strategically located internal lode mining claims within the Taylor District, A2Gold now controls a consolidated district-scale land package at Taylor under a single operator. This consolidation provides the Company with enhanced flexibility to systematically explore, expand and advance Taylor as a unified project.
Peter Gianulis, CEO of A2Gold, commented: "Closing the Taylor acquisition is an important step in the evolution of A2Gold. Taylor adds a second district-scale Nevada project with a historical silver resource, significant oxide gold potential and an emerging antimony opportunity at a time when critical minerals are becoming increasingly important in the United States. With the White Pine acquisition now closed, and the internal Taylor claims recently consolidated, we are in a much stronger position to advance the district as one unified project. Taylor gives A2Gold scale, optionality and multiple avenues for discovery, and complements our flagship Eastside Project as we continue building one of Nevada's most compelling precious metals exploration platforms."
Taylor Project Highlights
District-Scale Land Package
Taylor comprises approximately 117 km² (45 mi²) of mineral claims located in White Pine County, Nevada. The Project lies within an active exploration and mining region of eastern Nevada and benefits from excellent infrastructure, including water rights, electrical power and substation access, an established road network and patented claims hosting much of the historical silver resource and existing pits.
Historical Silver Resource and Expansion Potential
Taylor hosts a historical mineral resource estimate prepared by SRK Consulting in 2018 outlining approximately 11.0 million ounces of silver in the Measured and Indicated category and 0.6 million ounces of silver in the Inferred category. The estimate was calculated using a silver price assumption of US$17 per ounce and a cutoff grade of 1.6 oz/t silver.
Historical drilling indicates that silver mineralization remains open in multiple directions and has not been systematically tested using modern exploration methods. Silver price sensitivity analysis completed by SRK suggests that, using a US$30 per ounce silver price and a 0.9 oz/t cutoff, the historical Measured, Indicated and Inferred resource could represent more than 20 million ounces of silver in total.
The Company considers the historical estimate to be historical in nature and not current. A Qualified Person has not completed sufficient work to classify the historical estimate as a current mineral resource, and A2Gold is not treating the historical estimate as current.
Strong Gold Exploration Potential
In addition to the historical silver resource, Taylor hosts significant oxide gold exploration potential across a large portion of the district. Prior exploration has identified a 3 km by 10 km anomalous gold corridor, with surface sampling and historical drilling indicating the potential for near-surface oxide gold mineralization.
Historical results include channel samples returning up to 4.2 g/t gold over 11.0 meters, including 7.1 g/t gold over 3.3 meters, as well as drill intercepts including 1.02 g/t gold over 18.3 meters starting at surface and 0.68 g/t gold over 24.4 meters starting at surface, including 0.85 g/t gold over 12.2 meters.
Gold mineralization was not included in the historical 2018 silver resource estimate. The Company believes there is an important opportunity to evaluate the potential contribution of gold mineralization to the broader Taylor system as part of its upcoming exploration and resource-focused drilling programs.
Antimony and Critical Mineral Upside
Taylor also hosts significant antimony mineralization, which represents potential exposure to a critical mineral identified as strategically important by the United States government. Prior work at Taylor has identified multiple styles of antimony mineralization, including tetrahedrite-rich mineralization associated with CRD systems proximal to the Taylor resource and stibnite-stibiconite mineralization occurring distally and commonly associated with gold mineralization.
The district hosts two historical antimony-producing mines, including the Enterprise Mine and the Merrimac Mine. Historical records indicate exceptionally high-grade antimony production and mineralization at Taylor, further supporting the interpretation of a large, district-scale mineralized system with precious metals and critical mineral potential.
Robust Modern Data Sets and Drill-Ready Targets
Over the past several years, White Pine completed extensive technical work across the Taylor District, including gravity, magnetic, CSAMT, induced polarization and hyperspectral surveys. These data sets have improved the understanding of the structural architecture of the district and generated numerous high-priority exploration targets.
A2Gold intends to use this work to advance a systematic exploration program focused on expanding the historical silver resource, testing priority oxide gold targets, evaluating antimony-bearing systems and advancing CRD, skarn and porphyry concepts across the district.
Strategic Complement to Eastside
The Taylor acquisition significantly strengthens A2Gold's Nevada portfolio by adding a second large-scale project with silver, gold and critical mineral exposure. While Eastside remains the Company's flagship district-scale gold-silver project, Taylor introduces a complementary geological setting with a historical silver resource, shallow oxide gold and antimony targets and deeper CRD, skarn and porphyry exploration potential.
With Eastside and Taylor, A2Gold now controls multiple district-scale exploration opportunities in Nevada, one of the world's premier mining jurisdictions.
Transaction Summary
A2Gold completed the acquisition of a 100% interest in the Taylor Project from White Pine through the execution of an asset purchase structure which was executed on June 15, 2026 (the "Transaction"). The closing of the Transaction will include customary closing and post-closing matters.
As consideration for the acquisition, A2Gold issued 8,662,881 common shares of the Company to White Pine, and will also make deferred cash payments totaling US$1,000,000, consisting of US$250,000 at closing and US$250,000 every three months thereafter. The deferred cash payments are non-interest bearing and may be prepaid at any time without penalty.
White Pine will retain a 2.0% net smelter return royalty on claims without existing royalties. A2Gold may repurchase 1.0% of the NSR for US$2,000,000 within four years or US$3,000,000 within six years. White Pine will retain up to a 1.0% NSR on claims with existing royalties, provided the aggregate royalty burden does not exceed 3.0% NSR.
The common shares issued to White Pine are subject to voluntary escrow release provisions in addition to a statutory hold period of four months and one day from the date of issuance.
About A2Gold Corp
A2Gold Corp. has built a multi-asset gold-silver exploration platform in Nevada, one of the world's premier mining jurisdictions. The Company controls approximately 230 km² of prospective mineral tenure across its Eastside and Taylor projects, both district-scale assets with large precious metals resources with significant exploration and resource growth potential.
Eastside hosts an inferred mineral resource of 1.4 million ounces of gold and 8.8 million ounces of silver, while Taylor adds a highly prospective exploration district with gold, silver, antimony and porphyry-skarn upside. Backed by a fully funded exploration program and a strong pipeline of catalysts, A2Gold is focused on unlocking value through resource expansion, new discoveries and systematic district-scale exploration.
On Behalf of the Board
Peter Gianulis, CEO
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. A2Gold Corp.'s ("A2Gold") exploration plans for its gold exploration properties, the drill program at A2Gold's Eastside project, the preparation and publication of an updated resource estimate in respect of the Original Zone at the Eastside project, A2Gold's future exploration and development plans, including anticipated costs and timing thereof; A2Gold's plans for growth through exploration activities, acquisitions or otherwise; and expectations regarding future maintenance and capital expenditures, and working capital requirements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the sections entitled "Risk Factors" in A2Gold's Listing Application, dated January 24, 2018, as filed with the TSX Venture Exchange and available on SEDAR under A2Gold's profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in such statements. A2Gold undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
Canada's largest mental health teaching hospital unifies clinical and administrative systems with AI-powered applications suite to improve visibility, efficiency, and decision-making
, /PRNewswire/ -- The Centre for Addiction and Mental Health (CAMH), a global leader in mental health research and care, is leveraging Oracle Fusion Cloud Applications to help it drive change through research, clinical care, education, and advocacy. Building on its existing use of Oracle Health Electronic Health Record (EHR), CAMH is extending its Oracle footprint across finance, HR, supply chain, and customer experience to optimize business processes and support enterprise-wide operations.
CAMH is Canada's largest mental health teaching hospital and one of the world's leading research centers in its field. It has a dedicated staff of more than 5,000 physicians, clinicians, researchers, educators and support staff, and offers outstanding clinical care to more than 38,000 patients each year. To increase efficiency and visibility across its operations, CAMH needed to reduce fragmentation between its clinical and administrative systems. After a thorough review, CAMH selected Oracle Fusion Applications to standardize processes, improve operational consistency, drive AI-driven processes across workflows, and connect clinical and business functions.
"As demand for mental health services continues to grow, we needed to increase visibility across our organization," said Noelle Coombe, vice president, Digital Health & Chief Information Officer (CIO), CAMH. "By leveraging Oracle Fusion Applications and its embedded AI capabilities, we are creating a more connected environment across clinical and enterprise functions in line with our strategic plan, Connected CAMH. This will help us simplify operations, automate routine tasks, improve insights, and better support our patients, staff, and community."
CAMH is leveraging the full Oracle Fusion Applications suite including Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), Oracle Fusion Cloud Human Capital Management (HCM), Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), and Oracle Fusion Cloud Customer Experience (CX). Together, these AI-powered enterprise applications will help CAMH standardize processes, reduce manual work, gain deeper insights across clinical and enterprise operations, and establish a scalable foundation for ongoing innovation.
With Oracle Cloud ERP and Oracle Cloud EPM, CAMH can increase productivity, strengthen controls, and make more informed decisions by enhancing financial management, planning, and reporting. Oracle Cloud HCM will help enable CAMH to centralize HR processes, improve the employee experience, optimize workforce scheduling, and generate better workforce insights, while Oracle Cloud SCM will allow CAMH to connect supply chain processes, improve resilience, and reduce operational costs. Finally, Oracle Cloud CX will help CAMH strengthen relationships and improve experiences for patients and caregivers by enabling its teams to deliver more connected, personalized engagement across marketing, sales, and service.
"Healthcare organizations need to connect clinical and business operations to improve efficiency and support better outcomes," said Erin O'Halloran, vice president and market leader, Oracle Health Canada. "With Oracle Fusion Applications, CAMH is taking an important step toward unifying its technology environment and will be able to take advantage of the latest AI advancements to reduce complexity, increase visibility, and enable more informed decision-making across its operations."
To learn more about Oracle Fusion Applications, visit www.oracle.com/applications.
About CAMH
The Centre for Addiction and Mental Health (CAMH) is Canada's largest mental health teaching hospital and a leading research center dedicated to transforming lives and advancing mental health care.
About Oracle Fusion Cloud Applications
Oracle Fusion Cloud Applications provide an integrated suite of AI-powered cloud applications that enable organizations to execute faster, make smarter decisions, and lower costs. Oracle Fusion Applications include:
Oracle Fusion Cloud Enterprise Resource Planning (ERP): Provides a comprehensive suite of AI-powered finance and operations applications that help organizations increase productivity, reduce costs, expand insights, improve decision-making, and enhance controls. Oracle Fusion Cloud Human Capital Management (HCM): Provides a unified AI-powered HR platform that connects people, processes, and data to help organizations automate the employee lifecycle, enhance the employee experience, and drive better business outcomes with a human-agent workforce. Oracle Fusion Cloud Supply Chain & Manufacturing (SCM): Provides a unified AI-powered platform that integrates supply chain and operations processes and helps organizations enhance resilience and quickly adapt to market changes. Oracle Fusion Cloud Customer Experience (CX): Provides a suite of AI-powered applications that help organizations manage marketing, sales, and service processes to win business, build stronger customer relationships, and improve customer experiences. About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN, GOOG, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.
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SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo announced it has been named a preferred home mortgage lender for ICON, the global leader in advanced construction technologies. The collaboration expands access to financing for buyers of ICON homes and supports broader adoption of innovative construction methods designed to address housing supply and affordability challenges. Through the relationship, Wells Fargo Home Mortgage will offer a 50-basis point lender credit to qualified buyers who finance.
Opening represents a revitalized era of seamless travel and economic investment for Greater Montreal
LONGUEUIL, Quebec--(BUSINESS WIRE)--Porter Airlines is launching its first flights from Montreal Metropolitan Airport - MET, a significant, privately-funded national transportation infrastructure project, located in Longueuil on Montreal’s South Shore. The airport’s close proximity to downtown will meaningfully contribute to increasing air access for one of Canada’s most prominent cities. Four inaugural routes begin today: with Vancouver, Toronto-Pearson, Toronto-City, and St. John’s, N.L.
Over the next week, Porter is introducing flights to 11 airports across the country from MET, just in time for the summer travel season. Passenger traffic at MET is projected to hit one million in its first year, climbing to four million annually at full capacity.
MET routes*
Start date
Frequency
St. John’s (YYT) **
June 15
7x weekly
Toronto City (YTZ)
June 15
27x weekly
Toronto Pearson (YYZ)
June 15
20x weekly
Vancouver (YVR)
June 15
14x weekly
Edmonton (YEG)
June 16
7x weekly
Calgary (YYC)
June 17
7x weekly
Halifax (YHZ)
June 17
14x weekly
Charlottetown (YYG) **
June 18
7x weekly
Winnipeg (YWG) **
June 18
7x weekly
Moncton (YQM) **
June 19
7x weekly
Hamilton (YHM)
June 22
14x weekly
*Note: MET’s official airport designation code is YHU
**Seasonal route
Flights can be booked at www.flyporter.com and through travel agencies.
This launch marks a historic moment for Montreal’s air travel sector, offering Montrealers and visitors greater flexibility for travelling throughout Canada. Improved air connectivity also strengthens Montreal’s economic development, stimulating trade and business opportunities.
With new service from MET and continued operations at Montreal-Trudeau Airport, Porter is set to nearly double its capacity in Greater Montreal this summer, adding over 1,000 flights. Moreover, a partnership with Pascan Aviation will boost regional connections across Quebec, the Maritimes, and Porter’s broader North American network.
Porter is recognized as one of North America’s top airlines, known for its refined, attentive service and complimentary amenities. This includes premium snacks, a selection of beverages, including beer and wine served in glassware, and fast, free WiFi on its E195-E2 aircraft.
MET will be served by Porter’s fleet of De Havilland Dash 8-400s (78 seats) and Embraer E195-E2s (132 seats), which are among the quietest and most fuel-efficient aircraft in their respective classes. Both feature a two-by-two seating configuration, with no middle seats, for enhanced comfort.
Quotes
“Starting new routes is something that we often do, but launching 11 at once from a new airport to transform a city’s connectivity is exceptional. This is truly meaningful for Montreal’s people, economy and tourism, and we’re proud to be a part of it. Demand is already exceeding our expectations, and as soon as travellers discover Porter’s unique offering, combined with MET’s comfort and convenience, they will have a new appreciation for air travel.”
- Michael Deluce, CEO, Porter Airlines
“This new terminal is the result of a collaborative process involving citizens and elected officials, a process that began long before the ground-breaking ceremony. Today, we are proud to see that 80% of the population on Montreal’s South Shore supports the MET project.”
- Simon-Pierre Diamond, interim president of MET – Montreal Metropolitan Airport
“We are proud to welcome Porter Airlines to YHU Terminal at MET- Montreal Metropolitan Airport and to support the expansion of its network in Greater Montreal. Together, we are offering travellers an experience that combines Porter’s renowned service with a terminal specifically designed to provide a faster, more seamless and more comfortable journey from curb to gate.”
- Charles Roberge, president and Chief Executive Officer, YHU Terminal
About Porter
Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves North America, including a coast-to-coast domestic Canadian network, the U.S., Mexico, the Caribbean and Central America. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and X.
LONGUEUIL, Quebec, June 15, 2026 (GLOBE NEWSWIRE) -- As of this morning, the MET – Montreal Metropolitan Airport welcomed its very first passengers and commercial flights, marking the official start of operations and the commencement of service by the YHU Terminal teams.
Like many other major cities around the world, Greater Montreal is adding a secondary airport, capable of offering an enhanced experience for travellers and increased capacity for airlines operating single-aisle aircraft.
Earlier this morning, Porter Airlines’ inaugural flight departing from MET – Montreal Metropolitan Airport for Vancouver was honoured with a water salute performed by the airport fire service. This long-standing aviation tradition is used to mark significant milestones in the life of an airport or airline.
This historic day also featured a formal ceremony and a ribbon-cutting in the presence of Longueuil Mayor Catherine Fournier and Quebec Minister of Tourism Amélie Dionne. The event unfolded in front of an audience of stakeholders from the business, tourism, and transportation sectors in the Montreal and South Shore regions.
“This new terminal is the result of a collaborative effort involving citizens and elected officials—an effort that began long before the groundbreaking ceremony. And today, we are proud to see that 80% of the population on Montreal’s South Shore supports the MET project.”
Simon-Pierre Diamond, Interim President of MET – Montreal Metropolitan Airport
“Today marks the culmination of an ambitious project that will bring about lasting change to air travel in the Greater Montreal area. From the very beginning, we wanted to create an exceptional customer experience—one that is simpler, smoother, and more human. We are extremely proud to welcome our first passengers today to this new gateway to Montreal.”
Charles Roberge, President and CEO of YHU Terminal
“Today marks an important milestone for us. Based in Saint-Hubert for over 20 years, Pascan Aviation works every day to connect Quebec’s regions. The opening of the new terminal and our commercial agreement with Porter now allow us to expand our flight service and offer more options to regional travellers.”
Yani Gagnon, Co-owner, Executive Vice President, and Chief Financial Officer of Pascan Aviation.
“Launching 11 new routes from a brand-new airport—alongside an expanded partnership with Pascan Aviation to connect regions and major Canadian cities—is significant
milestone for Montreal, Quebec and Canada. We are strengthening connectivity, the economy, and tourism. I am grateful to our team at Porter, as well as partners at MET and YHU for our shared commitment to better serve travellers.”
Michael Deluce, CEO of Porter Airlines
“For Longueuil and the entire South Shore, welcoming the first passengers to the YHU Terminal at MET today marks the culmination of years of collaboration with airport leadership to ensure this development was carried out in accordance with community acceptability principles. That partnership is delivering tangible results: overnight flights are prohibited, operating hours are regulated, air quality monitoring sensors have been installed, and $8.2 million in road improvements funded by the developer will help ease traffic in the area, in addition to generating more than $6 million annually in property tax revenues for the benefit of the community. The opening of this new terminal will also provide a meaningful economic boost to our region by connecting us to major Canadian cities and strengthening the reliability of our transportation links throughout Quebec. Not only will this offer travellers a more convenient and accessible travel experience, but it will also enhance the attractiveness of our aerospace innovation zone for businesses considering establishing operations here.”
Catherine Fournier, Mayor of Longueuil
“Today, with the arrival of its first passengers and the departure of its first flight, Montreal Metropolitan Airport officially takes flight. This new infrastructure will enhance access to our destination, support the growth of our tourism industry, and contribute to the economic vitality of Quebec as a whole. By offering business and leisure travellers more options, MET helps showcase our expertise and strengthens the appeal of our regions to visitors from near and far. I commend the vision and dedication of all the partners who contributed to bringing this transformative project to life.”
Amélie Dionne, Quebec Minister of Tourism
About YHU Infrastructure Partners (YHU Terminal)
YHU Infrastructure Partners is responsible for the construction, operation, and passenger experience of the new terminal under a long-term lease with MET – Montreal Metropolitan Airport. The result of a partnership between Porter Aviation Holdings Inc. and Macquarie Asset Management, a global asset manager specializing in infrastructure, YHU Infrastructure Partners operates a facility poised to play a pivotal role in Montreal’s airport ecosystem.
About MET – Montreal Metropolitan Airport
The MET – Montreal Metropolitan Airport is a non-profit corporation established in 2000 that serves as the airport authority responsible for managing, operating, and developing the airport. The MET’s mission is to serve as a catalyst for change across the entire industry and to contribute to the growth of Quebec’s aerospace hub while supporting the development of air service.
Link to visuals
Data and facts on the terminal
LinkedIn – YHU Terminal
Facebook – YHU Terminal
Instagram – YHU Terminal
For more information:
For YHU Infrastructure Partners
André Fortin
Massy Forget Langlois Public Relations
514 928-3828 [email protected]
For MET – Montreal Metropolitan Airport
Maxime Landry
514 928-1570 [email protected]
Key Takeaways PKX will launch a North American DLE project to test commercial-scale lithium extraction. PKX's DLE technology cuts water use, speeds production and reduces environmental impacts. PKX aims to operate a demo plant by 2027 and support commercial deployment by 2028. POSCO Holdings Inc. (PKX - Free Report) has taken a major step toward strengthening its lithium supply chain by becoming the first Korean company to pursue a commercial-scale demonstration of Direct Lithium Extraction (DLE) technology in the United States. The initiative marks a significant milestone in the company’s efforts to secure critical battery raw materials through next-generation extraction methods.
POSCO announced that it will launch a DLE demonstration project in North America to validate the economic feasibility and scalability of the technology. DLE technology extracts lithium directly from brine using specialized absorbents and separation processes. The method significantly reduces water usage, shortens production cycles and minimizes environmental impacts.
The project is part of POSCO’s broader strategy to establish a stable and diversified lithium supply network amid growing global demand for electric vehicle batteries and energy storage systems. By developing its own extraction capabilities, the company seeks to strengthen its competitiveness in the battery materials sector and reduce dependence on conventional lithium sources.
The demonstration facility will allow POSCO to test the commercial viability of its proprietary DLE technology under real-world operating conditions. POSCO plans to complete and begin operating the demonstration plant by 2027, to lay the groundwork for commercial deployment by 2028.
Per POSCO, the demonstration project represents a strategic investment designed to secure next-generation lithium extraction technology and strengthen the company’s position in the global lithium market. Leveraging its technological expertise and competitive advantages, POSCO aims to further enhance the competitiveness of its global lithium business and expand its presence in key markets, including North America.
Shares of PKX have gained 32.7% in the past year against the industry’s 3.6% decline.
Image Source: Zacks Investment Research
PKX Zacks Rank & Other Key PicksPKX currently carries a Zacks Rank #2 (Buy).
Other top-ranked stocks in the Conglomerates space include ITT Inc. (ITT - Free Report) , Marubeni Corporation (MARUY - Free Report) and Griffon Corporation (GFF - Free Report) . ITT, MARUY and GFF carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The Zacks Consensus Estimate for ITT’s current-year earnings is pegged at $7.9 per share, indicating a 17.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 5.8%.
The Zacks Consensus Estimate for MARUY’s current-year earnings is pegged at $23.86 per share, indicating an 8.8% year-over-year decrease. Shares of MARUY have gained 50.8% over the past year.
The Zacks Consensus Estimate for GFF’s current fiscal-year earnings is pegged at $5.17 per share. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 3.3%.
SummaryRealty Income is rated Strong Buy, offering a 5.2% yield, consistent dividend growth, and trades at a significant discount to fair value.O’s diversified, high-occupancy portfolio and disciplined property selection underpin its stability and outperformance during periods of market stress.Forward total return estimates range from 11.1% to 14.5% annually, driven by dividend yield, valuation re-rating, and 4% expected FFO/dividend growth.O’s triple-net lease model, investment-grade balance sheet, and global expansion support long-term income growth and risk mitigation.Looking for a helping hand in the market? Members of Friedrich Global Research get exclusive ideas and guidance to navigate any climate. Learn More »Sitewide Sale 2026: Get 20% Off fatido/iStock via Getty Images
Introduction
I consider Realty Income (O) to be more like a bond (but better): safe, with steady monthly income over time but with the benefit of a rising yield and some potential appreciation. Its price maintains an inverse
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of O either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
DISCLAIMER: This analysis is not advice to buy or sell this or any stock; it is just pointing out an objective observation of unique patterns that developed from our research. Factual material is obtained from sources believed to be reliable, but the poster is not responsible for any errors or omissions, or for the results of actions taken based on information contained herein. Nothing herein should be construed as an offer to buy or sell securities or to give individual investment advice.
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Duke Energy (NYSE:DUK | DUK Price Prediction) is a stock built for decades of ownership because its regulated monopoly model converts essential grid infrastructure into contractually structured cash flow, and that cash flow has now funded 100 consecutive years of quarterly dividends.
Pillar 1: A Durable Regulated Moat Duke is a vertically integrated, rate-regulated electric and gas utility serving roughly 10 million customers across the Carolinas, Florida, Indiana, Ohio, Kentucky, and Tennessee. State commissions, not competitors, set its allowed returns, and that framework virtually guarantees recovery on capital deployed to maintain the grid. The company is running the industry’s largest regulated capital plan at $103 billion over five years, targeting 9.6% earnings base growth through 2030. Customer counts grew 1.4% year over year in the most recent quarter, and rates remain below the national average with increases running below inflation.
Pillar 2: A Century of Dividends, Still Growing The income case is the heart of the forever thesis. Duke just paid its $1.065 quarterly dividend in May, with a yield of 3.41% on a $4.24 annualized payout. CFO Brian Savoy framed the milestone bluntly on the Q1 call: “This milestone marks a long-dated commitment to the dividend that’s directly tied to the company’s financial strength, regulatory execution and disciplined long-term investments.” The quarterly payout has stepped up steadily, from $0.945 in 2019 to $1.065 in 2026, and full-year operating cash flow reached $12.33 billion in 2025.
Pillar 3: A Business Built to Outlast Cycles Electricity is the last bill a household stops paying, and Duke’s regulated returns are insulated from the market mood. FY 2025 adjusted EPS landed at $6.31 on revenue of $32.24 billion, up 6.19%, and Q1 2026 delivered $1.93 in adjusted EPS, a 7.51% beat. Management reaffirmed $6.55 to $6.80 EPS guidance for 2026 and 5% to 7% annual growth through 2030, with 7.6 gigawatts of AI and advanced manufacturing demand already locked in under Electric Service Agreements. A low beta of 0.379 reflects what that contractual structure produces: a stock that stays steady through market headlines.
The Scenario Where It Lags Duke will underperform in a risk-on bull market. When high-beta technology names run, a utility trading at 19 times earnings will look slow. Higher interest expense and coal ash remediation costs are real headwinds, and industrial sales slipped 2.1% year over year in Q1. None of that changes the forever thesis. Rate base growth is contractually structured, not market-dependent, and the 4.45% 10-year Treasury yield is already priced into a stock that has still returned 128.29% over the past decade while paying dividends every quarter.
The thesis here is structural durability, not short-term trading appeal.
Final $830,000 round completes the Foundation's more than $1 million America250 investment across the six states Duke Energy serves , /PRNewswire/ -- From new heritage trails and museum exhibits to preservation projects and public art, communities across Duke Energy's six-state service area will have new ways to explore the local stories behind America's 250th anniversary.
The Duke Energy Foundation is awarding nearly $830,000 in 54 grants to nonprofit organizations, cultural institutions and community partners in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.
The grants mark the final round of the Foundation's America250 initiative, completing a more than $1 million investment tied to the nation's anniversary and helping communities bring local history to life in new, more accessible ways.
Why This Matters
The latest round supports projects that preserve local heritage and expand civic learning across the communities they serve.
"America's 250th anniversary is an opportunity to recognize that history is not only national – it is local, personal and still shaping the places we call home," said Loree Elswick, president of the Duke Energy Foundation. "Through these grants, we're helping communities bring those stories forward in ways that invite people to learn, reflect and connect."
What This Enables
Across Duke Energy's service territories, these grants will support efforts such as:
Hosting the Smithsonian's traveling "Americans" exhibition as part of a six-week community initiative exploring American identity in Darlington County, South Carolina. Restoring a 1947 railroad locomotive tied to historic power plants, preserving a piece of local industrial history in Vigo County, Indiana. Bringing local history programming to rural communities through statewide "Homegrown History" community events led by the North Carolina Public Television Foundation. Creating a recurring constitutional exhibit with interactive displays and school-ready "history trunk" materials at the Dunedin History Museum in Florida. Supporting Cincinnati's BLINK public art exhibition, with installations that highlight regional identity and shared history across Ohio and Kentucky. The Bigger Picture
Earlier this spring, the Foundation awarded 32 grants to revitalize parks, green spaces and shared community places, and in May it supported veterans' career pathways with more than $250,000 invested in workforce development programs to help veterans gain job-ready skills and build pathways to in-demand civilian careers.
The Foundation also awarded $250,000 to the Trust for the National Mall to support the expansion of a free digital platform that enables communities nationwide to experience the National Mall's monuments and history.
"Growing up, I was one of those kids who did not have the funding to visit," said Jeremy Goldstein, vice president of programs at the Trust for the National Mall. "The Duke Energy Foundation is helping ensure that the platform is accessible to every student in America, and this is only the beginning."
Duke Energy Foundation
The Duke Energy Foundation provides nearly $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
New solution analyzes TV creative using performance signals, helping advertisers drive consumer engagement, including an average 13% campaign performance improvement1
SAN FRANCISCO--(BUSINESS WIRE)--tvScientific by Pinterest, the performance TV advertising platform, today announced Creative Advisor, the industry's new AI-powered creative optimization tool designed to help advertisers adjust their CTV creative for improved business outcomes and maximize the effectiveness of their media investment.
Creative Advisor analyzes millions of creative elements using proprietary AI models trained on years of real-world CTV performance data and outcome data2. The technology evaluates video ad elements, including messaging, audio, logo visibility, brand presence, and calls to action, then surfaces predictive recommendations designed to improve campaign performance and maximize the impact of every media dollar.
As Performance TV becomes an increasingly important channel for modern marketers3, creative remains one of the biggest drivers of campaign outcomes, yet one of the hardest to quantify before launch. Creative Advisor brings predictive intelligence to the creative process, helping advertisers evaluate and optimize new TV creative before media spend begins. Its recommendations can also be used to continuously refine and optimize existing ad creative, allowing advertisers to understand which creative decisions drive engagement, conversion, and business results.
“We’re excited to bring AI-powered optimization to TV ad creative,” said Jason Fairchild, CEO of tvScientific by Pinterest. “What makes Creative Advisor different is the data foundation behind it. The platform is powered by our proprietary creative intelligence dataset, built from tens of thousands of CTV creatives, millions of creative elements, and years of real-world performance signals. That allows us to identify which creative attributes are most likely to drive results and give advertisers actionable guidance rooted in proven outcomes, not assumptions. I predict this degree of element-level optimization, combined with advances in ML-based CTV optimization technologies, will more than double performance for TV advertisers in the foreseeable future.”
Creative Advisor assigns each video ad a predictive Creative Strength score and provides advertisers with a detailed assessment of creative effectiveness across key performance-driving signals. The platform is supported by a dedicated creative services team whose expert guidance helps advertisers translate creative insights into stronger-performing TV creative.
“Creative Advisor analyzed our existing creative and provided recommendations we could implement quickly. By making small changes to the visibility of our branding throughout the ad, we drove more site visits without rebuilding the entire spot,” said Anastasia Jenkin, Head of Affiliate and Creator Partnerships at HigherDOSE.
Early testing across multiple advertisers has demonstrated the predictive power of Creative Advisor, with brands seeing an average 13% improvement in campaign performance4 after optimizing creative based on the platform's recommendations.
Creative Advisor is currently available by request through tvScientific, including hands-on implementation of creative optimization guidance from creative and performance teams.
The launch underscores tvScientific by Pinterest’s broader vision for Performance TV, combining advanced AI, real-world outcome measurement, and consumer engagement insights to help advertisers drive stronger business results across streaming environments.
For more information, visit tvScientific’s Creative Advisor.
About tvScientific by Pinterest
tvScientific by Pinterest is an advertising platform built for Performance TV, helping brands and apps reach future customers earlier, optimize toward real business outcomes, and prove TV’s impact across the funnel. By combining Pinterest’s predictive intent signal with tvScientific’s AI-powered optimization and deterministic measurement, the platform helps advertisers turn earlier intent into measurable action across traffic, sales, installs, and more. With flexible outcome-based buying, tvScientific by Pinterest makes TV advertising more accessible, accountable, and measurable for businesses of all sizes.
1 tvScientific by Pinterest Internal Data, US, 4/2026-5/2026. N = 5, KPI = Website traffic.
2 tvScientific by Pinterest Internal Data, US, 2024-2026
3 tvScientific by Pinterest State of Performance TV Report, 2026
4 tvScientific by Pinterest Internal Data, US, 4/2026-5/2026. N = Website traffic.
HomeIndustriesMediaDeal values Roku at an 11% premium — and comes after the stock had already soared 20% on a report that a sale might be in the worksPublished: June 15, 2026 at 8:18 a.m. ET
Roku's stock rallies to a four-year high after agreeing to be bought by Fox in a deal valued at $22 billion. Photo: Getty ImagesShares of Roku rose in early Monday trading after the streaming platform agreed to be bought by Fox Corp. in a cash-and-stock deal valued at $22 billion.
The announcement comes after Roku’s stock ROKU soared 20.1% on Friday, when Bloomberg reported that Roku had held talks with a media company about a potential sale.
Fox Corp. is buying streaming giant Roku in a blockbuster deal valued at roughly $22 billion, including debt, creating a media powerhouse that the companies say will become the third-largest player in US television by share of viewing.
The acquisition, first reported by the Wall Street Journal, brings together Fox’s portfolio of live sports, news and entertainment programming with Roku’s streaming platform and connected-TV operating system, which reaches more than 100 million households worldwide.
Fox CEO Lachlan Murdoch touted the merger as a transformational move as competition for streaming audiences intensifies.
A Roku billboard in Times Square. ZUMAPRESS.com A person walks past the Fox News building in Midtown Manhattan. AP Photo/Yuki Iwamura The deal combines “the most valuable live content portfolio in video consumption with the preeminent streaming platform,” Murdoch told investors on a conference call on Monday.
Fox Corp is sister company to The Post’s corporate parent News Corp.
Shares of streaming pioneer Roku (ROKU +20.08%) jumped about 20% on Friday, touching their highest level in about four years, after Bloomberg reported that the company is in talks to sell itself. According to the report, Roku has held discussions with at least one unnamed U.S. media company about a potential combination, though no decisions have been made and there is no certainty the talks will lead anywhere. At one point during the session, the stock was up as much as 24%.
The chatter is easy to get excited about. A strategic buyer would be acquiring a platform that reaches more than 100 million streaming households, and the company's market value sits at about $21 billion as of this writing.
But a rumor is not a bid. And the takeover headline overshadowed a second catalyst behind Friday's move -- one that is already confirmed, and one that comes with a date: June 22.
Here's why that date may matter more than the deal talk.
Image source: The Motley Fool.
The catalyst on the calendar On June 5, S&P Dow Jones Indices said Roku will be added to the S&P MidCap 400 before the market opens on Monday, June 22, as part of the index provider's quarterly rebalance, joining under the index's communication services group.
That may sound like nothing more than housekeeping, but it leads to real buying. Index funds and exchange-traded funds that track the S&P MidCap 400 have to hold what the index holds, so once Roku is in, those funds need to buy the stock to match the benchmark. This kind of mechanical demand, therefore, is pretty much in the bag at this point -- and it shows up regardless of price or whether the sale talks go anywhere.
So, the reported deal discussions are preliminary and may not amount to anything. The index addition, by contrast, is a known, dated event.
Of course, this is a one-time wave of demand rather than a lasting change in the business's value. A business's performance will likely be the main driver of a stock's value over the long-term. So, I wouldn't count on this index inclusion as a guarantee that the stock will do well.
And it's worth noting that things can go sour after an inclusion, too. Consider The Trade Desk. Since its inclusion in the S&P 500 commenced on July 18 of last year, the stock has slid more than 75%.
What investors are actually buying The bigger question is arguably what sits beneath the index flows and the deal chatter. And here, the growth stock's recent results help the case.
In the first quarter of 2026, reported in late April, Roku's platform revenue (the advertising and subscriptions business that runs on top of its operating system) rose 28% year over year to $1.13 billion. That was an acceleration from 18% growth in the fourth quarter of 2025. Advertising climbed 27%, helped by a shift in how Roku sells its video advertising inventory.
"The majority of our video delivery is now through third-party programmatic partners, and we are growing quickly," said Roku Media President Charlie Collier during the company's first-quarter earnings call.
Additionally, subscriptions grew 30%, or about 23% excluding Roku's Frndly acquisition.
Just as notable is the company's swing in profitability. Roku posted net income of $86 million in the first quarter, reversing a loss in the same period a year earlier, and it has now been profitable in every quarter since the middle of 2025 after years of losses. And free cash flow over the trailing 12 months reached an all-time high, and management has said it expects to reach $1 billion in annual free cash flow by 2028, if not sooner.
But one part of the business continues to drag on results. Roku sells its players and TVs at or below cost to pull viewers onto the platform, and device revenue fell 16% in the quarter and carried a negative margin. Management also warned that tightening memory-chip supply could weigh on device margins in the second half of the year.
Today's Change
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24.02
Current Price
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143.66
So, what does all of this mean for Roku stock?
After Friday's pop, Roku trades at north of 100 times earnings, or about 60 times this year's expected earnings -- a rich valuation that is downright difficult to justify.
With this said, I do think the platform business is genuinely inflecting, and the 100 million streaming households it crossed in April give it the scale a media buyer might covet. But index buying is mechanical and temporary, and the deal talk may never materialize. Ultimately, neither is a reason to own Roku for the long haul. And with so much already priced in after the run-up, I'll be passing on Roku stock at this level, despite the buzz.
