Insider Selling: MarketAxess (NASDAQ:MKTX) General Counsel Sells 100 Shares of StockMarketBeat
MarketAxess Holdings Inc. (NASDAQ:MKTX - Get Free Report) General Counsel Scott Pintoff sold 100 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $116.03, for a total transaction of $11,603.00. Following the transaction, the general counsel owned 11,786 shares in the company, valued at approximately $1,367,529.58. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ:MKTX
Read Insider Selling: MarketAxess (NASDAQ:MKTX) General Counsel Sells 100 Shares of Stock
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(Editor’s note: The future prices of benchmark tracking ETFs, and the headline, the lede and the economic were updated in the story.)
U.S. stock futures fell on Tuesday after Monday’s higher close. This followed President Donald Trump‘s sharp criticism of Iran’s latest response to a U.S. proposal aimed at ending the conflict, saying the ceasefire is now “on life support.”
“I would call it the weakest right now,” Trump said, adding he viewed Tehran’s demands as unacceptable.
On the economic front, inflation ran hotter than anticipated, with the April Consumer Price Index (CPI) rising 3.8% year-over-year, which surpassed the 3.7% median estimate by FactSet. Core CPI, which excludes volatile food and energy costs, climbed 2.8% over the last 12 months and 0.4% monthly.
Meanwhile, the NFIB Small Business Optimism Index edged up 0.1 points to a reading of 95.9 in April, though it remains below its 52-year historical average.
Meanwhile, the 10-year Treasury bond yielded 4.43%, and the two-year bond was at 3.97%. The CME Group's FedWatch tool‘s projections show markets pricing a 97.6% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
IndexPerformance (+/-)Dow Jones-0.04%S&P 500-0.38%Nasdaq 100-0.73%Russell 2000-0.45%Stocks In FocusGitlab Gitlab Inc. (NASDAQ:GTLB) plunged 8.97% in premarket on Tuesday after it announced a reduction in workforce to realign its operating structure. Benzinga’s Edge Stock Rankings indicate that AEHL maintains a weak price trend in the medium and long terms but a strong trend in the short term. GoPro GoPro Inc. (NASDAQ:GPRO) shares jumped 5.30% as it reported better-than-expected first-quarter sales results and also announced the launch of a strategic review exploring the potential sale or merger. Benzinga’s Edge Stock Rankings indicate that GPRO maintains a strong price trend in the long, short, and medium terms. Zoominfo Technologies Zoominfo Technologies Inc. (NASDAQ:GTM) tumbled 32.46% despite beating estimates as cautious forward guidance influenced market sentiment. Benzinga’s Edge Stock Rankings indicate that GTM maintains a weak price trend in the medium and long terms but a strong trend in the short term, with a moderate growth score. Plug Power Plug Power Inc. (NASDAQ:PLUG) advanced 5.40% after posting its first-quarter results after Monday's closing bell, beating analyst estimates on the top and bottom lines. Benzinga’s Edge Stock Rankings indicate that PLUG maintains a strong price trend in the short, medium, and long terms. AST SpaceMobile Benzinga’s Edge Stock Rankings indicate that ASTS maintains a weak price trend in the medium and short terms but a strong trend in the long term. Cues From Last SessionMaterials, energy, and industrials equities posted the most significant gains on Monday, whereas communication services and consumer staples bucked the broader trend by finishing the session lower.
Insights From AnalystsLawrence Gillum anticipates significant economic shifts as the Federal Reserve likely transitions to the leadership of Kevin Warsh. Gillum expects Warsh to champion a smaller Fed balance sheet and reduced forward guidance.
While Gillum notes that U.S. debt levels are projected to soar—potentially climbing above 120% of GDP by 2027—he reassures investors that “the U.S. is not on the verge of a fiscal crisis.” Furthermore, Gillum believes “the odds of aggressive rate cuts under a Warsh chairmanship appear low.”
Regarding the stock market, Gillum warns that less Fed intervention will result in heightened volatility. He predicts that equity and credit markets could face “sharper repricing around data releases” as investors adjust to fewer explicit policy commitments.
Consequently, Gillum advises that a less accommodative central bank will force “greater price discovery in risk assets.” Summing up the unpredictability of this incoming policy regime, Gillum aptly quotes Mike Tyson: “Everyone has a plan until they get punched in the mouth.”
Upcoming Economic DataHere's what investors will be keeping an eye on Tuesday.
Commodities, Crypto, And Global Equity MarketsCrude oil futures were trading higher in the early New York session by 3.05% to hover around $101.06 per barrel.
Gold Spot US Dollar fell 0.76% to hover around $4,698.85 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.31% higher at the 98.2540 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.20% higher at $80,924.53 per coin, as per the last 24 hours.
Asian markets closed lower on Tuesday, except Japan's Nikkei 225 index. Australia's ASX 200, India’s Nifty 50, South Korea's Kospi, China’s CSI 300, and Hong Kong's Hang Seng indices fell. European markets were also lower in early trade.
Photo courtesy: Shutterstock
Market News and Data brought to you by Benzinga APIs
, /PRNewswire/ -- GoPro, Inc. ("GoPro" or the "Company") (NASDAQ: GPRO) today announced that it has retained Houlihan Lokey, Inc. ("Houlihan Lokey"), a leading global investment bank with strong ties into defense and consumer sectors, to serve as its financial advisor as the Company evaluates a potential sale and other strategic alternatives. This engagement follows GoPro's May 11 announcement that it has initiated a process to evaluate several unsolicited inbound strategic inquiries from parties across various sectors, including defense, consumer and financial.
"We believe GoPro has substantial unrecognized value that can be realized via a sale of the company or other strategic event, and given inbound interest since our announcement it seems others feel similarly," said Nicholas Woodman, GoPro's founder and CEO. "I fully support the effort to review a potential sale of the company to maximize shareholder value, and this process has the full support of GoPro's Board of Directors and management team. We are excited to work with the very experienced team at Houlihan Lokey."
GoPro and its Board of Directors has not set a timetable for the conclusion of its evaluation, nor has it made any decisions related to its review of any potential transactions at this time. GoPro does not intend to comment on its strategic review until it deems further disclosure is appropriate or necessary. There can be no assurances as to the outcome or timing of such review, or whether any particular transaction may be pursued or consummated.
Advisors
Houlihan Lokey is serving as financial advisor to GoPro. Fenwick & West is acting as legal advisor to the Company.
About GoPro, Inc. (NASDAQ: GPRO)
GoPro helps the world capture and share itself in immersive and exciting ways.
Connect with GoPro on Instagram, YouTube, TikTok, Facebook, X, LinkedIn, and GoPro's blog, The Current. Members of the press can access official logos and imagery on our press portal. For more information, visit GoPro.com.
GoPro, HERO, MAX, MISSION and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.
Note on Forward-looking Statements
This press release may contain projections or other forward-looking statements within the meaning Section 27A of the Private Securities Litigation Reform Act. Words such as "anticipate," "believe," "estimate," "expect," "intend," "should," "will," "plan" and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements in this press release may include, but are not limited to, statements related to the Company's exploration of a strategic review, the timing thereof and the outcome of the strategic review. These forward-looking statements are based on the Company's current expectations and inherently involve significant risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, the risk that the strategic review process will not result in the identification or consummation of a transaction on terms the Company or its shareholders find attractive or otherwise increase shareholder value. A further description of the risks and uncertainties relating to the business of the Company is contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the "SEC") on March 12, 2026, and as updated in filings with the SEC. These forward-looking statements speak only as of the date hereof or as of the date otherwise stated herein. The Company undertakes no duty or obligation to update any forward-looking statements contained herein as a result of new information, future events or changes in its expectations.
GoPro, Inc. continues to face persistent revenue declines and margin pressure, with Q1 revenue down 26% and gross margin at a weak 4.3%. GPRO's recent cost-cutting efforts have not offset falling sales; adjusted EBITDA remains negative, and cash burn persists despite operating cost reductions. Strategic alternatives are now being pursued, including a potential sale, as the board and CEO acknowledge the brand's remaining value amid ongoing business contraction.
MISSION 1, MISSION 1 PRO, and MISSION 1 PRO Grip Edition Deliver Category-Leading Image Quality, Runtime, and Thermal Performance with a New 50MP 1" Sensor, GP3 Processor, and Up To 8K60 / 4K240 Video
A Full Ecosystem of Made-for-MISSION 1 Mounts and Accessories – Including the Point-and-Shoot Grip, M-Series ND Filters, Enduro 2 Battery, Protective Housing, and More – Is Also Available for Pre-Order
Watch the Cinematic MISSION 1 Series Launch Film On GoPro's YouTube Channel, Shot 100% On the New MISSION 1 Series Cameras
, /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) announced that several products from its new suite of MISSION 1 Series cameras, mounts, and accessories are now available for pre-order on GoPro.com. Watch the cinematic MISSION 1 Series launch film on GoPro's YouTube channel, shot 100% on the new MISSION 1 Series cameras.
Welcome to a New Generation of GoPro | MISSION 1 Series
The new MISSION 1 Series from GoPro The MISSION 1 Series are the world's smallest, lightest, and most rugged 8K and 4K Open Gate cinema cameras. Featuring a new 50MP 1" sensor and GoPro's new, ultra-efficient GP3 processor, the MISSION 1 Series cameras deliver category-leading resolutions, frame rates, runtimes and thermal performance for mission-critical reliability in even the most demanding environments. Made for the Pursuit—the MISSION 1 Series is designed from the ground up to meet the needs of today's demanding filmmakers and creators.
The following MISSION 1 Series cameras are available for pre-order today:
MISSION 1 PRO: The flagship. Featuring a new, cutting-edge 50MP 1" sensor, incredible low-light performance, 8K60 / 4K240 / 1080p960 16:9 video capture, 8K30 and 4K120 Open Gate 4:3 video capture, 50MP RAW photo capture, all powered by a new, ultra-power-efficient GP3 processor that enables category-leading image quality, battery life and thermal performance for mission-critical reliability in extreme use cases. MISSION 1 PRO is $699.99 MSRP and $599.99 at GoPro.com for existing GoPro subscribers. Shipping of pre-orders and global on-shelf availability at retail stores will begin May 28th. There will be a variety of activity-specific bundles available exclusively on GoPro.com starting May 28th.
MISSION 1 PRO Grip Edition: The flagship camera bundled with an innovative versatile grip that transforms the camera into an even more rugged, ultra-capable feeling point-and-shoot camera designed for run-and-gun style capture. The grip functions as a 2-in-1 solution—as a lightweight, ergonomic grip for easy, one-handed on-the-move shots, or as a rugged, mountable metal cage for added protection with the option to mount vertically. Added features include cold shoe mounts, 1/4-20 and magnetic latch mounting. Perfect for street photography, cinematography, travel and everyday convenience. MISSION 1 PRO Grip Edition is $779.99 MSRP and $679.99 at GoPro.com for existing GoPro subscribers1. Shipping of pre-orders and global on-shelf availability at retail stores will begin May 28th.
MISSION 1: The same as the flagship in every way but limited to 4K120 Open Gate video capture and 8K30, 4K120, 1080p240 16:9 video capture. 50MP photo capture is the same as in the flagship model. MISSION 1 is perfect for the creator who doesn't require the higher Open Gate resolutions and category-leading frame rates of the flagship model but still wants the outstanding low-light and image quality benefits of the new 50MP 1" sensor and ultra-power-efficient GP3 processor. MISSION 1 is $599.99 MSRP and $499.99 at GoPro.com for existing GoPro subscribers. Shipping of pre-orders and global on-shelf availability at retail stores will begin May 28th.
In addition, a full suite of made-for-MISSION 1 Series accessories and mounts are available for pre-order today:
Point-and-Shoot Grip: Transform your GoPro into an ultra-capable point-and-shoot camera with this ergonomic, lightweight grip. Perfect for street, travel, and urban shooting, the grip's versatile design features cold shoe mounts for lights and mics, a 1/4-20 thread for tripods, vertical mounting and pass-through access to the camera's integrated fingers and magnetic mounting system. For added flexibility, the grip converts into a rugged metal cage for your camera, providing added durability and vertical mounting versatility. Point-and-Shoot Grip is available for pre-order today for $99.99 on GoPro.com and on-shelf at retail stores May 28th.
Enduro 2 Battery: The 2150mAh Enduro 2 Battery delivers longer runtimes, fast-charging and a wider range of thermal performance compared to previous GoPro batteries. You'll get up to 5+ hours of recording at 1080p301 and 3+ hours of recording at 4K30 on a single charge. It's also compatible with HERO13 Black. The MISSION 1 Series cameras can also work with the original HERO13 Black Enduro battery (albeit for shorter runtimes).2 Enduro 2 Battery is available for pre-order today for $34.99 on GoPro.com and on-shelf at retail stores May 28th.
Dual Battery Charger for Enduro 2: The fastest way to charge your MISSION 1 Series Enduro 2 camera batteries. You can get two Enduro 2 batteries from 0% to 80% in just 48 minutes, or a single battery to 80% in only 21 minutes.3 Charge two batteries at once and easily check battery levels and charging status, even when the charger is unplugged. Comes with a high-performance Enduro 2 battery and is compatible with HERO13 Black Enduro Batteries. Dual Battery Charger for Enduro 2 is available for pre-order today for $79.99 on GoPro.com and on-shelf at retail stores May 28th.
M-Series ND Filters: The ND Filter 4-Pack (ND8, ND16, ND32, ND64) delivers cinematic motion blur and exposure control for MISSION 1 PRO and MISSION 1. The MISSION 1 Series cameras auto-detect which filter you're using and auto-adjust the shutter speed for the desired blur and exposure effect. You can also manually control motion blur and exposure. M-Series ND Filters are available for pre-order today for $99.99 on GoPro.com and on-shelf at retail stores May 28th.
Protective Housing: When your mission calls for it, the protective housing will keep your MISSION 1 or MISSION 1 PRO camera waterproof down to 196ft (60m). The built-in mounting fingers allow you to capture content both horizontally and vertically. MISSION 1 and MISSION 1 PRO are waterproof to 66ft (20m) without a housing. Protective Housing for MISSION 1 PRO and MISSION 1 is available for pre-order today for $59.99 on GoPro.com and on-shelf at retail stores May 28th.
Light Mod 2: Add compact yet powerful LED lighting to your adventure or studio setup with Light Mod 2's 200 lumen brightness, 33% increased battery capacity, and up to 100% longer runtimes4. Light Mod 2 includes an optimized diffuser design and versatile mounting for cold-shoe integration on Media Mod and Point-and-Shoot Grip or standalone light use. Light Mod 2 is available for pre-order today for $59.99 on GoPro.com and on-shelf at retail stores May 28th.
Reserve your new MISSION 1, MISSION 1 PRO, MISSION 1 PRO Grip Edition, and MISSION 1 Series accessories now and be among the first to get hands on the world's smallest, lightest and most durable high resolution, high frame rate cinematic camera system.
About GoPro, Inc. (NASDAQ: GPRO)
GoPro helps the world capture and share itself in immersive and exciting ways.
Connect with GoPro on Instagram, YouTube, TikTok, Facebook, X, LinkedIn, and GoPro's blog, The Current. Members of the press can access official logos and imagery on our press portal. For more information, visit GoPro.com.
GoPro, MISSION, HERO, MAX and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.
Note on Forward-looking Statements
This press release may contain projections or other forward-looking statements within the meaning Section 27A of the Private Securities Litigation Reform Act. Words such as "anticipate," "believe," "estimate," "expect," "intend," "should," "will," "plan" and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements in this press release may include, but are not limited to, statements related to the Company's MISSION 1 Series product launch, pre-order and shipping timelines, global retail availability, product performance and specifications, pricing and subscriber pricing, and promotional offers. These forward-looking statements are based on the Company's current expectations and inherently involve significant risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to product launch timing and execution, supply chain and manufacturing disruptions, consumer demand and market acceptance, competition, the ability to manage product introductions, transitions, and pricing, and the ability to successfully enter and compete in professional and premium camera segments. A further description of the risks and uncertainties relating to the business of the Company is contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the "SEC") on March 12, 2026, and as updated in filings with the SEC including the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. These forward-looking statements speak only as of the date hereof or as of the date otherwise stated herein. The Company undertakes no duty or obligation to update any forward-looking statements contained herein as a result of new information, future events or changes in its expectations.
1 In Endurance Mode
2 Though Enduro for HERO13 Black batteries are compatible with MISSION 1 PRO, they will not give you the extended runtimes and fast-charging capabilities of Enduro 2 for MISSION 1 PRO batteries. Only authentic HERO13 Black Enduro batteries are compatible.
3 GoPro recommends using a 27 watt or higher USB-C adapter featuring PPS for optimal charging performance.
4 Measured in Level 3 Brightness Mode. Battery life may vary based on usage and other external conditions.
, /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) and Dive with Buddy, Inc. today announced the launch of GoPro Escapes—a new collection of exclusive, creator-led group dive travel experiences now available for online booking at BookWithBuddy.com and on the Buddy mobile app.
GoPro Escapes—a new collection of exclusive, creator-led group dive travel experiences now available for online booking.
Shot on GoPro’s new MISSION 1 Series. GoPro Escapes are curated multi-day dive trips hosted by GoPro Athletes, underwater storytellers, and professional dive guides in top global destinations chosen for marine life, visibility, and adventure. Each escape offers small-group experiences of 10–40 guests, with comprehensive packages covering accommodations, guided dives, workshops, and the signature GoPro experience.
The launch marks the next chapter of GoPro Escapes, bringing together world-class diving, storytelling, and adventure travel in one centralized destination. Through Dive with Buddy, the global dive community can now discover and reserve official GoPro Escapes experiences—from liveaboards in remote destinations to curated dive expeditions designed for creators and explorers.
The first wave of GoPro Escapes launches across the Americas and Asia-Pacific, with trips expected in Cozumel, Hawaii, Fiji, Raja Ampat, the Maldives, Malaysia, and other premier dive destinations throughout 2026.
Whether participants are divers, creators, or adventurers looking to capture unforgettable underwater moments, GoPro Escapes are now easier to find and book than ever before. Divers can browse every upcoming GoPro Escape on a dedicated landing page at BookWithBuddy.com, or discover and book them through the Buddy app—where they can also find other dive trips, tours, and courses, and connect with fellow dive buddies worldwide.
"GoPro Escapes bring together adventure, creativity, and community in some of the most incredible underwater locations in the world. Partnering with Dive with Buddy gives our global dive community a simple, dedicated place to discover these experiences, connect with one another, and turn their dives into powerful stories," said Rick Loughery, GoPro's SVP of Global Marketing and Digital Commerce.
All GoPro Escapes live at bookwithbuddy.com/gopro-escapes. Dive shops and operators—including existing GoPro retailers—can now list their multi-day trips as GoPro Escapes by registering at business.bookwithbuddy.com/register. Once approved by GoPro, operators can publish GoPro Escapes with branded booking pages on Buddy's platform.
GoPro Escapes was created to unite diving, storytelling, and adventure travel. Each experience gives participants the opportunity to explore extraordinary underwater destinations while learning how to capture their dives using GoPro cameras.
Together, GoPro and Dive with Buddy are combining storytelling, adventure, and community into a dedicated platform built for divers worldwide. Each GoPro Escapes experience is built around three core pillars:
Adventure: Explore some of the most extraordinary underwater environments on the planet. Storytelling: Learn how to capture cinematic underwater footage using GoPro cameras, mounts, and creative techniques. Community: Dive alongside creators, explorers, and storytellers who share a passion for the ocean. "At Buddy, we want to offer our community a variety of curated trips and experiences where they can meet new buddies and share their love for the ocean. GoPro was the perfect partner for that—they bring the same passion for adventure and storytelling that our community lives and breathes," said Alexis Jabbour, CEO and Founder of Dive with Buddy. "For divers, this means you can discover and book incredible GoPro-curated trips in one place. For dive shops, this is a new way to grow your business with the backing of one of the most recognized brands in adventure."
Explore upcoming trips, discover new destinations, and reserve your place on the next adventure here.
See GoPro at the 2026 SCUBA SHOW
Visit GoPro at the 2026 SCUBA SHOW in Long Beach, California, May 30–31 at stand #158, where attendees can get hands-on with cameras from GoPro's new MISSION 1 Series product line. GoPro will also take the stage for two seminars, "Beneath the Surface: A first look at the next evolution of GoPro," showcasing the next generation of GoPro underwater capture—featuring new camera technology, powerful tools, and diver-focused techniques, plus GoPro PADI Distinctive Specialty courses that help elevate how divers shoot, edit, and tell their stories.
About GoPro Escapes
GoPro Escapes are exclusive group experiences featuring creator-led adventures hosted by GoPro Athletes and pro guides, bucket-list destinations chosen for marine life and adventure, underwater filming workshops and content creation opportunities, and small groups designed for connection and shared ocean experiences.
About Dive with Buddy
Dive with Buddy is the community app and real-time booking marketplace for the water adventure industry. Through BookWithBuddy.com and the Buddy app, divers and ocean lovers discover, connect, and book experiences from dive shops and marine tourism operators worldwide. In the Buddy app, you can book trips, tours, and courses — and meet new dive buddies in your local area or when planning trips around the world. Learn more at bookwithbuddy.com and divewithbuddy.com.
About GoPro, Inc. (NASDAQ: GPRO)
GoPro helps the world capture and share itself in immersive and exciting ways.
Connect with GoPro on Instagram, YouTube, TikTok, Facebook, X, LinkedIn, and GoPro's blog, The Current. Members of the press can access official logos and imagery on our press portal. For more information, visit GoPro.com.
GoPro, HERO, MAX, MISSION and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.
MISSION 1, MISSION 1 PRO, and MISSION 1 PRO Grip Edition — the World's Smallest, Lightest, and Most Rugged 8K and 4K Open Gate Cinema Cameras — Are Available Now; Ecosystem of Made-for-MISSION 1 Mounts and Accessories Also Available Now
, /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) announced that its new MISSION 1 Series cameras, mounts, and accessories are now available on retail shelves around the world and for purchase online at GoPro.com. Watch the cinematic MISSION 1 Series launch film on GoPro's YouTube channel, shot 100% on the new MISSION 1 Series cameras.
This is GoPro MISSION 1 PRO
Welcome to a New Generation of GoPro | MISSION 1 Series The MISSION 1 Series are the world's smallest, lightest, and most rugged 8K and 4K Open Gate cinema cameras. Featuring a new 50MP 1" sensor and GoPro's new, ultra-efficient GP3 processor, the MISSION 1 Series cameras deliver category-leading resolutions, frame rates, runtimes and thermal performance for mission-critical reliability in even the most demanding environments.
The following MISSION 1 Series cameras are available now at GoPro.com and at GoPro retailers around the world:
MISSION 1 PRO: The flagship. Featuring a new, cutting-edge 50MP 1" sensor, incredible low-light performance, 8K60 / 4K240 / 1080p960 16:9 video capture, 8K30 and 4K120 Open Gate 4:3 video capture, 50MP RAW photo capture, all powered by a new, ultra-power-efficient GP3 processor that enables category-leading image quality, battery life and thermal performance for mission-critical reliability in extreme use cases. MISSION 1 PRO is $699.99 MSRP and $599.99 at GoPro.com for existing GoPro Subscribers.1 MISSION 1 PRO is available now at GoPro.com and at GoPro retailers around the world. A variety of activity-specific bundles are available exclusively on GoPro.com.
MISSION 1 PRO Grip Edition: The flagship camera bundled with an innovative versatile grip that transforms the camera into an even more rugged, ultra-capable point-and-shoot camera designed for run-and-gun style capture. The grip functions as a 2-in-1 solution—as a lightweight, ergonomic grip for easy, one-handed on-the-move shots, or as a rugged, mountable metal cage for added protection with the option to mount vertically. Added features include cold shoe mounts, 1/4-20 and magnetic latch mounting. Perfect for street photography, cinematography, travel and everyday convenience. MISSION 1 PRO Grip Edition is $779.99 MSRP and $679.99 at GoPro.com for existing GoPro Subscribers.1 MISSION 1 PRO Grip Edition is available now at GoPro.com and at GoPro retailers around the world.
MISSION 1: The same as the flagship in every way but limited to 4K120 Open Gate video capture and 8K30, 4K120, 1080p240 16:9 video capture. 50MP photo capture is the same as in the flagship model. MISSION 1 is perfect for the creator who doesn't require the higher Open Gate resolutions and category-leading frame rates of the flagship model but still wants the outstanding low-light and image quality benefits of the new 50MP 1" sensor and ultra-power-efficient GP3 processor. MISSION 1 is $599.99 MSRP and $499.99 at GoPro.com for existing GoPro Subscribers.1 MISSION 1 is available now at GoPro.com and at GoPro retailers around the world.
MISSION 1 Series Accessories — Available Now
A full suite of made-for-MISSION 1 Series mounts and accessories is also available now at GoPro.com and GoPro retailers globally:
Point-and-Shoot Grip: Transform your GoPro into an ultra-capable point-and-shoot camera with this ergonomic, lightweight grip. Perfect for street, travel, and urban shooting, the grip's versatile design features cold shoe mounts for lights and mics, a 1/4-20 thread for tripods, vertical mounting and pass-through access to the camera's integrated fingers and magnetic mounting system. For added flexibility, the grip converts into a rugged metal cage for your camera, providing added durability and vertical mounting versatility. Point-and-Shoot Grip is available now for $99.99 at GoPro.com and at GoPro retailers around the world.
Enduro 2 Battery: The 2150mAh Enduro 2 Battery delivers longer runtimes, fast-charging and a wider range of thermal performance compared to previous GoPro batteries. You'll get up to 5+ hours of recording at 1080p302 and 3+ hours of recording at 4K30 on a single charge. It's also compatible with HERO13 Black. Enduro 2 Battery is available now for $34.99 at GoPro.com and at GoPro retailers around the world.
Dual Battery Charger for Enduro 2: The fastest way to charge your MISSION 1 Series Enduro 2 camera batteries. Get two Enduro 2 batteries from 0% to 80% in just 48 minutes, or a single battery to 80% in only 21 minutes.3 Charge two batteries at once and easily check battery levels and charging status, even when the charger is unplugged. Comes with a high-performance Enduro 2 battery and is compatible with HERO13 Black Enduro Batteries. Dual Battery Charger for Enduro 2 is available now for $79.99 at GoPro.com and at GoPro retailers around the world.
M-Series ND Filters: The ND Filter 4-Pack (ND8, ND16, ND32, ND64) delivers cinematic motion blur and exposure control for MISSION 1 PRO and MISSION 1. The MISSION 1 Series cameras auto-detect which filter you're using and auto-adjust the shutter speed for the desired blur and exposure effect. You can also manually control motion blur and exposure. M-Series ND Filters are available now for $99.99 at GoPro.com and at GoPro retailers around the world.
Protective Housing: When your mission calls for it, the Protective Housing will keep your MISSION 1 or MISSION 1 PRO camera waterproof down to 196ft (60m). The built-in mounting fingers allow you to capture content both horizontally and vertically. MISSION 1 and MISSION 1 PRO are waterproof to 66ft (20m) without a housing. Protective Housing for MISSION 1 PRO and MISSION 1 is available now for $59.99 at GoPro.com and at GoPro retailers around the world.
Light Mod 2: Add compact yet powerful LED lighting to your adventure or studio setup with Light Mod 2's 200 lumen brightness, 33% increased battery capacity, and up to 100% longer runtimes.4 Light Mod 2 includes an optimized diffuser design and versatile mounting for cold-shoe integration on Media Mod (available July 2026) and Point-and-Shoot Grip or standalone light use. Light Mod 2 is available now for $59.99 at GoPro.com and at GoPro retailers around the world.
MISSION 1 PRO ($699.99), MISSION 1 PRO Grip Edition ($779.99), and MISSION 1 ($599.99) are available now at GoPro.com and from GoPro retailers around the world. GoPro Subscribers can purchase MISSION 1 PRO and MISSION 1 PRO Grip Edition for $599.99 and $679.99, respectively, and MISSION 1 for $499.99 at GoPro.com.
Activity-specific bundles are available exclusively on GoPro.com. MISSION 1 PRO ILS, MISSION 1 PRO Creator Edition, and MISSION 1 PRO Ultimate Creator Edition will be available beginning Q3 2026.
GoPro is partnering with PolarPro to deliver a series of lens diopters that will improve focus at closer distances. Sign up to be notified of availability at GoPro.com. Learn more about the MISSION 1 Series on GoPro's blog, The Current.
1 $100 off is available to yearly subscribers only upon subscription renewal.
2 In Endurance Mode.
3 GoPro recommends using a 27 watt or higher USB-C adapter featuring PPS for optimal charging performance.
4 Measured in Level 3 Brightness Mode. Battery life may vary based on usage and other external conditions.
About GoPro, Inc. (NASDAQ: GPRO)
GoPro helps the world capture and share itself in immersive and exciting ways.
Connect with GoPro on Instagram, YouTube, TikTok, Facebook, X, LinkedIn, and GoPro's blog, The Current. Members of the press can access official logos and imagery on our press portal. For more information, visit GoPro.com.
GoPro, HERO, MAX, MISSION and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries. Other trademarks are the property of their respective owners.
Note on Forward-looking Statements
This press release may contain projections or other forward-looking statements within the meaning Section 27A of the Private Securities Litigation Reform Act. Words such as "anticipate," "believe," "estimate," "expect," "intend," "should," "will," "plan" and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements in this press release may include, but are not limited to, statements related to the Company's MISSION 1 Series product launch, global retail availability, product performance and specifications, pricing and subscriber pricing, promotional offers, accessory ecosystem rollout and availability timing, and third-party partnership developments.
These forward-looking statements are based on the Company's current expectations and inherently involve significant risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to product launch timing and execution, supply chain and manufacturing disruptions, consumer demand and market acceptance, competition, the ability to manage product introductions, transitions, and pricing, and the ability to successfully enter and compete in professional and premium camera segments. A further description of the risks and uncertainties relating to the business of the Company is contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the "SEC") on March 12, 2026, and as updated in filings with the SEC including the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. These forward-looking statements speak only as of the date hereof or as of the date otherwise stated herein. The Company undertakes no duty or obligation to update any forward-looking statements contained herein as a result of new information, future events or changes in its expectations.
GoPro GPRO is under fresh pressure after warning that rising memory costs and weaker sales could put its future at risk. The action-camera maker said in a Monday filing that there is “substantial doubt” about its ability to continue as a going concern, while also saying it expects to update its financial statements. The warning follows a difficult first quarter, when revenue fell 26% and the company received waivers from its lender after failing to comply with loan covenants.
The pressure is being fueled by a brutal shift in the memory market. GoPro said last month that its earnings forecast had been significantly hit by an 80% to 115% increase in memory prices. The AI boom has pushed demand for memory higher, while suppliers have been moving more production away from consumer devices and toward higher-margin AI server chips. GoPro said it learned from suppliers in April that planned memory supply reductions could reduce its forecasted sales.
The balance-sheet risk is now moving closer to the center of the story. GoPro said it does not expect to comply with several loan covenants and may not have enough liquidity if default or cross-default provisions are triggered and its outstanding debt becomes due. Shares fell as much as 14% on Monday. The company has hired advisors to evaluate strategic alternatives, including a possible sale or merger, while also exploring defense and aerospace opportunities and planning to cut its global workforce by about 23%.
, /PRNewswire/ -- Yamaha Champions Riding School (ChampSchool) and GoPro, Inc. (NASDAQ: GPRO) today announced a new multi-year partnership, naming GoPro as the official camera of Yamaha Champions Riding School. The partnership places GoPro at the center of ChampSchool's motorcycle training curriculum, where cameras serve as precision instruments for riders. GoPro cameras are used to film every student, multiple times per event, giving instructors and riders a frame-by-frame view of technique that accelerates learning and builds safer habits on the bike.
GoPro is the official camera of Yamaha Champions Riding School—helping riders capture, understand, and improve their performance on every ride. ChampSchool's extensive media ecosystem will provide GoPro with high-frequency, high-credibility exposure across multiple platforms. With an annualized reach of approximately 29 million social impressions and over two million YouTube views, GoPro will be consistently showcased in an educational environment where riders are actively engaged in improving their skills.
This collaboration brings together two leaders in performance and innovation, aligning GoPro's industry-leading camera technology with ChampSchool's data-driven, technique-based motorcycle training curriculum.
At ChampSchool, GoPro cameras are not simply for capturing content for social media—they are essential training tools. ChampSchool uses GoPro cameras to analyze technique, review performance, and develop skills. This integration positions GoPro as a performance and education tool, not just a camera system.
"GoPro allows riders to see what they're actually doing, not what they think they're doing," said Chris Peris, Lead Instructor at Yamaha Champions Riding School. "That level of visibility accelerates learning in a way that was never possible before. This partnership puts GoPro at the center of rider development."
Through this partnership, GoPro will be integrated across all ChampSchool programs, including:
In-classroom instruction and on-bike review sessions Rider feedback and coaching workflows On-site presence and experiential activations at select events In addition, the partnership enables GoPro to collaborate on product development, attend events for real-world testing, and create authentic content alongside ChampSchool instructors and students.
"Yamaha Champions Riding School represents exactly the kind of environment where GoPro technology reveals its full potential. When cameras become tools for analysis and improvement, riders learn faster and ride safer," said Alfred Boyadgis, GoPro's VP of Product for Motorsports. "Using GoPro cameras to capture footage and share immediate, visual feedback with riders is where real improvement happens, and we're proud to be the tool that makes it possible."
This partnership reinforces a shared mission: helping riders capture, understand, and improve their performance—on every ride.
About Yamaha Champions Riding School
Yamaha Champions Riding School (ChampSchool) is the evolution of the Freddie Spencer High-Performance Riding School and remains the nation's most respected motorcycle training program. Led by racer, author, and curriculum architect Nick Ienatsch, ChampSchool teaches "Champions Habits"—the techniques and control principles used by the best riders in the world—to help riders go faster, safer, and with greater confidence.
ChampSchool is proudly sponsored by Yamaha Motor Corporation USA, Bridgestone Motorcycle Tires, Dainese, Arai Helmets, GoPro, Yamalube, GYTR, Chatterbox, GB Racing, Chickenhawk Tire Warmers, Stompgrip, and N2 Track Days.
For details and registration, visit www.champschool.com or email [email protected].
About GoPro, Inc. (NASDAQ: GPRO)
GoPro helps the world capture and share itself in immersive and exciting ways.
Connect with GoPro on Instagram, YouTube, TikTok, Facebook, X, LinkedIn, and GoPro's blog, The Current. Members of the press can access official logos and imagery on our press portal. For more information, visit GoPro.com.
GoPro, HERO, MAX, MISSION and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.
Bridgewater Associates walking away from Salesforce (NYSE:CRM | CRM Price Prediction) is exactly the kind of institutional exit that often coincides with entry points for long-duration holders evaluating durable compounders, and CRM offers characteristics long-term holders look for, with a recurring revenue base, expanding free cash flow, and a disciplined capital return program that together function as a quiet workhorse for patient capital.
Pillar One: Durability Subscription and support revenue accounts for roughly 95% of total revenue, and current remaining performance obligations sit at $33.6B, up 14% year over year, with total RPO above $72B. That is billed and unbilled work already on the books. Gross margin runs at 77.68% and operating margin at 21.47%. The company closed FY26 with revenue of $41.525B, up 9.58% year over year, and guided FY27 revenue to $45.9B-$46.2B, with a FY30 target raised to $63B. Agentforce ARR reached $1.2B, up 205%, and nearly 90% of Forbes Top 50 AI companies run on Salesforce. The moat is structural.
Pillar Two: Income and Compounding The board raised the quarterly dividend to $0.44, a 5.8% year-over-year increase, declared February 25, 2026. Free cash flow reached $14.402B in FY26, up 15.83%, and Q1 FY27 alone produced $6.556B in free cash flow on just $145M of capex. Management authorized a $50B share repurchase program and completed a $25B accelerated repurchase that delivered 103M shares upfront, shrinking the diluted share count from 970M to 871M year over year. Total capital returned in Q1 FY27 hit $27.5B. With the share base contracting and the dividend climbing off a 1.03% starting yield, the per-share economics compound quietly across a 10-year or 20-year hold.
Pillar Three: Cycle Survival Enterprise CRM spend has proven sticky through every downturn because ripping out Salesforce means tearing out the operating system of a company’s sales, service, and marketing functions. Net debt/EBITDA sits at 0.78 and ROIC at 7.89%, leaving room to absorb the Informatica financing without straining capital returns. Q1 FY27 delivered EPS of $3.88 versus a $3.13 estimate, the fifth consecutive EPS beat. CEO Marc Benioff called it “an outstanding quarter for Salesforce, record revenue, record deals, and cash flow.”
The Underperformance Scenario The stock has given back 27.74% over the past year and 28.57% year to date. In a sharp risk-off cycle or a compression of enterprise IT budgets, growth could slow temporarily, and integration risk from the Informatica acquisition is real. A temporary growth deceleration in subscription software does little to the compounding engine. The $72B-plus RPO backlog reflects multi-year contracts already signed, and 77.68% gross margins give management enormous flexibility to defend earnings through any cycle. Wall Street’s 41 Buy, 10 Hold, and 2 Sell ratings point to a consensus target of $254.99, but the long-duration case rests on the recurring revenue, the cash machine, and the shrinking share count.
For investors building a long-duration thesis, the case rests on recurring revenue, free cash flow, and a shrinking share count.
TokenCore Wearable and TokenCore Portable allow Salesforce customers to exceed new phishing resistant MFA requirements with hardware bound biometric identity
ROCHESTER, N.Y.--(BUSINESS WIRE)--Token, a leader in biometric assured identity, today announced that its TokenCore Wearable and TokenCore Portable products provide Salesforce customers, Salesforce partners, and Salesforce administrators with one of the strongest available methods for meeting and exceeding Salesforce phishing resistant access requirements.
Stronger proof of the human behind every Salesforce login
Share Salesforce has made clear that the security landscape has changed. AI driven phishing, vishing, social engineering, credential theft, and account takeover attacks are putting Salesforce users and Salesforce data at increasing risk. Salesforce has also announced stronger security requirements, including MFA for employee users and phishing resistant MFA for privileged users, including Salesforce admins.
Token directly addresses this new Salesforce security reality by combining biometric identity, phishing resistant FIDO2 and WebAuthn authentication, secure hardware, and wireless ease of use. Token products are designed to ensure that Salesforce access is granted only when the authorized physical human is present and biometrically verified.
“Salesforce is raising the bar for identity security, and that is exactly where the market needs to go,” said Kevin Surace, CEO of Token. “Salesforce holds some of the most valuable business data in the enterprise. Protecting Salesforce access with legacy MFA, push approvals, SMS codes, shared passwords, or cloud synced software credentials is no longer enough. Token gives Salesforce customers biometric assured identity for Salesforce access today.”
Token products support phishing resistant authentication by using FIDO2 and WebAuthn protocols that bind authentication to the legitimate Salesforce login origin. Unlike SMS codes, authenticator apps, push approvals, or shared passwords, Token does not give attackers a code to steal, a prompt to trick, or a password to relay. Each authentication event requires the registered Token device, the authorized user’s fingerprint, and a cryptographic challenge tied to the legitimate service.
The result is Salesforce access that is not merely based on something a user knows or something a user possesses. Token verifies the actual person.
That distinction is critical for Salesforce administrators and privileged Salesforce users. A compromised Salesforce admin account can expose customer records, donor data, sales pipelines, financial history, case notes, workflows, integrations, permissions, and privileged system controls. Token helps close that gap by requiring biometric proof before Salesforce access is granted.
Token also provides a practical path for Salesforce partners and nonprofits that have historically relied on shared support workflows. A password manager may manage credentials, and a software passkey may satisfy a baseline technical requirement, but those approaches do not always prove which human is actually present. Token raises the assurance level by tying Salesforce access to a physical biometric device assigned to an authorized person.
“Salesforce customers are asking the right question now,” Surace continued. “How do we meet the Salesforce phishing resistant requirement while also knowing it is the right person logging in? Token is the clean answer. It is phishing resistant. It is biometric. It is hardware bound. It is easy to use. And it works today.”
TokenCore Wearable is a wireless biometric authenticator worn on the finger, with the fingerprint sensor positioned on the top side of the hand for fast and natural verification. TokenCore Portable provides the same biometric assured identity model in a portable wireless form factor. Both are built for modern enterprise environments where users access Salesforce across laptops, desktops, mobile devices, browsers, operating systems, and identity providers.
Token products are designed to meet and exceed Salesforce phishing resistant access expectations by adding biometric assured identity on top of cryptographic authentication. This approach protects against real time phishing, spoofed Salesforce login pages, credential replay, MFA fatigue, shared secret theft, help desk manipulation, and many forms of social engineering that have made legacy MFA obsolete.
With Token, a bad actor cannot gain Salesforce access simply by stealing a password, tricking a user into approving a prompt, intercepting a code, or accessing a shared vault. The Token device must be present. The correct fingerprint must match. The cryptographic challenge must come from the legitimate origin. If the request is spoofed, proxied, or relayed from a phishing site, authentication fails.
Salesforce customers are now moving toward stronger authentication because Salesforce itself has made the direction clear. The future of Salesforce access is phishing resistant, identity assured, and built around stronger proof of the actual user. Token delivers that model now.
For Salesforce enterprises, Salesforce admins, Salesforce consulting partners, Salesforce nonprofits, and Salesforce customers handling sensitive data, Token provides a direct path to stronger compliance, stronger access control, and stronger protection against the identity attacks now targeting Salesforce environments.
“Salesforce security starts at login,” said Surace. “Token makes that login biometric, phishing resistant, and bound to the real human. That is the new standard for protecting Salesforce.”
About Token
Token provides biometric assured identity solutions for enterprises that need to stop credential theft, phishing, social engineering, and account takeover at the point of access. Token products combine biometric fingerprint verification, secure hardware, FIDO2 and WebAuthn authentication, and wireless ease of use to ensure that only the right person can access critical systems. Token protects workforce access across modern enterprise applications, identity providers, and cloud platforms.
LONDON, UK, June 09, 2026 (GLOBE NEWSWIRE) -- Flosum, the end-to-end enterprise DevSecOps platform purpose-built for Salesforce, today outlined its Agentic DevOps approach for enterprises deploying Salesforce Agentforce at scale. As global organizations move Agentforce from pilot to production, Flosum is working with enterprise customers to address the release management and governance demands that autonomous agent deployments introduce—demands that conventional DevOps workflows were not built to handle.
Flosum will be present at Salesforce World Tour London on June 18 at ExCeL London, where the company will meet with enterprise architects, IT leaders, and Salesforce teams navigating the operational complexity of Agentforce adoption.
“The realization of a true Agentic Enterprise requires an equally intelligent, goal-driven foundation to build, deploy, and secure it,” said Girish Jashnani, CEO of Flosum. “With Agentic DevOps, we are ensuring that the release lifecycle for Salesforce Agentforce is seamless, secure, and resilient. By offering flexible cloud and self-hosted deployment options, we give global enterprises the architectural control and trust required to scale autonomous operations without risk.”
Why Agentforce Demands a New DevOps Approach
Deploying Agentforce introduces a layer of complexity that sits on top of an already demanding Salesforce release process. Autonomous agents require careful management of metadata, configurations, permissions, and guardrails across development, staging, and production environments. A change that breaks an agent’s operating parameters in production is not a deployment inconvenience—it is an operational and compliance event.
Flosum’s Agentic DevOps approach addresses this through three capabilities enterprises deploying Agentforce consistently need:
Safe agent deployment. Managing the metadata, guardrails, and configurations required to move Agentforce agents through environments reliably and without exposing production to unvalidated changes.
Goal-driven release management. High-level, goal-oriented tracking that automatically surfaces dependency risk and delivery friction before it reaches production, keeping release velocity high without sacrificing control.
Governance at machine speed. Compliance enforcement and audit trail generation embedded directly into the release workflow, so governance keeps pace with the speed at which autonomous agents operate rather than relying on after-the-fact review.
These capabilities reflect patterns Flosum has observed working directly with enterprise customers on governance-first Salesforce deployments. Cushman & Wakefield, a global commercial real estate firm, achieved a 3x improvement in deployment velocity and a 50% reduction in release audit time after implementing Flosum across its Salesforce estate, a foundation the company is now building on as it looks to expand its use of automation across Salesforce.
Flosum’s work in this area is informed by ongoing research into how enterprise governance must evolve as Salesforce environments adopt autonomous operations. The company’s white paper, “Governing Autonomous Salesforce Agents with Confidence and Clarity,” examines where traditional governance models break down at machine speed and what enterprises need to put in place before deploying Agentforce at scale.
Flexible Deployment Architecture for Regulated Enterprises
Flosum offers cloud and self-hosted deployment options, giving enterprises full control over their data footprint and infrastructure. For organizations in regulated industries, self-hosted deployment ensures data residency compliance, minimizes external dependencies, and protects sensitive Agentforce configurations and metadata.
Connect at World Tour London
Flosum will be at Salesforce World Tour London on June 18 at ExCeL London. To schedule a meeting with the Flosum team, visit https://explore.flosum.com/agentforce-world-tour-london-2026.html.
If you cannot make the show, connect with a Flosum expert by requesting a demo at https://explore.flosum.com/request-a-demo.html.
About Flosum
Flosum is the end-to-end enterprise DevSecOps platform purpose-built for Salesforce. Flosum unifies release management, data backup and archive, and security orchestration into a single secure framework, helping enterprise organizations deploy faster, govern with confidence, and operate Salesforce at scale without sacrificing compliance or control.
Legendary investor Bill Ackman has positioned the Pershing Square Capital portfolio to include several Magnificent Seven stocks that are benefitting from artificial intelligence and may be undervalued by investors.
Here's Ackman's top stock picks and a software stock he told investors he would avoid.
• Microsoft shares are under pressure. Why is MSFT stock retreating?
Ackman on AI OpportunityThose three Magnificent Seven stocks are among Ackman's favorite bets on AI growth.
Speaking at a recent event hosted by the "All-In Podcast" team, Ackman said the risk of disruption from AI has gone up "dramatically."
"You're either directly or indirectly invested in AI, or it's a threat, so you have to understand it," Ackman said.
Ackman said one of the hardest things as an investor is to understand what companies will benefit from a trend like AI without chasing after high-growth names.
The investor said people bring eyes to new things and chase with their capital, leaving "high-quality stuff" behind.
Ackman compared the current market to 2000, when people got excited about internet stocks and value names such as Berkshire Hathaway got left behind, trading at low valuations.
He said a similar thing is happening to Amazon, Meta and Microsoft today, betting the capital of his hedge fund that those stocks will rise in the future.
As for startups in the world of AI, Ackman said it's a great time with unlimited access to compute, capital and talent.
"This is the greatest era in history to build a business."
Ackman on Software ConcernsDuring his interview, Ackman was also asked about the sell-off in software stocks, which some refer to as the "SaaSpocalypse."
The sell-off hit companies that count on revenue per seat or customer the hardest.
Ackman said some software companies have been selling their products and platforms for high prices per customer and now face the risk of losing partners.
"I worry more about a Salesforce," Ackman said of Salesforce (NYSE:CRM).
Ackman said that Salesforce and others are now at risk of losing customers.
Image created using artificial intelligence via Midjourney and Dall-E.
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Salesforce CEO Marc Benioff Bloomberg/Getty Images Salesforce laid off more employees in a new round of cuts, according to people familiar with the matter and a regulatory notice in California.
The cuts affected employees working on the company's Agentforce AI product, its Mulesoft IT integration tool, and its Marketing Cloud software, one of the people said. The second person confirmed job cuts, without specific details. The people asked not to be identified when discussing sensitive matters.
A person familiar with the cuts said they did not affect the core Agentforce teams.
A regulatory filing in California, known as a WARN notice, listed 86 Salesforce job cuts in roles such as sales, general administration, and technology and product. Roles in Washington state and outside the U.S. were also impacted, two people said.
The California notice stated affected employees would remain on the payroll until Aug. 7. Severance is determined by level and tenure up to six months, according to Salesforce's internal policy viewed by Business Insider. Employees aged 60 and older can receive an additional four weeks.
Salesforce has been hit this year by concerns that AI models, tools, and agents could replace some traditional software, including the company's main customer relationship-management offering. The stock is down more than 30% this year.
Salesforce's answer to this threat is to develop its own AI offerings. In November, Business Insider reported use of Agentforce was relatively low and that its capabilities weren't living up to the company's demos.
Still, this key product has made some progress. Last month, Salesforce reported that Agentforce annualized revenue had passed $1 billion.
Salesforce's latest job cuts follow an earlier round of layoffs in January, when the company eliminated fewer than 1,000 roles.
Salesforce did not respond to requests for comment. The company had more than 80,000 employees at the end of January, according to an SEC filing.
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Salesforce Benjamin Fanjoy/Getty Images As Salesforce begins another round of layoffs, the company's standard severance plan appears to offer employees a softer landing than many of its Big Tech peers.
Internal documents reviewed by Business Insider show that eligible U.S. workers can receive up to 30 weeks of severance, a package that appears more generous than those recently offered by companies including Oracle, Amazon, and Block.
Salesforce on Monday started notifying employees about layoffs, according to people familiar with the matter and a regulatory notice in California. The layoffs come amid concerns that AI tools and agents could replace traditional software, including the company's main customer relationship-management offering. Salesforce's stock is down more than 30% this year.
Salesforce's severance policy states that employees receive severance payments based on level, tenure, and age.
Senior directors and director-level employees receive 13 weeks of base pay, while senior managers and below receive 9 weeks. Employees ages 60 and older at any level get an additional four weeks.
Employees also receive an additional three weeks of service per year. A partial year counts as a full year. Employees receive six months of COBRA coverage, or 12 months if they are 60 or older.
The combined total of level- and tenure-based is capped at 26 weeks, or 30 weeks for those 60 and older.
Salesforce's package appears larger than other recent Big Tech severance offers. Oracle recently offered laid-off US employees four weeks' base salary, plus one week per additional year of employment, up to 26 weeks, as severance. Block, which laid off nearly half its employees earlier this year, provided them with 20 weeks of salary, plus one additional week per year of tenure.
Amazon's package for laid-off employees in January included full pay and benefits for 90 days, plus an additional severance package.
Salesforce did not respond to requests for comment.
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Organizations deploy AI agents, integrated data platforms for measurable customer experience and business benefits, ISG Provider Lens® report says
SÃO PAULO--(BUSINESS WIRE)--Enterprises in Brazil are accelerating adoption of advanced Salesforce capabilities to improve business performance and operational outcomes, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.
Brazilian firms are redefining CRM from a system of record into a system of action. The real shift is not adoption of AI itself, but the ability to connect data, automation and decision-making to consistently influence revenue, outcomes and precision.
Share The 2026 ISG Provider Lens® Salesforce Ecosystem Partners report for Brazil finds that organizations are increasing use of AI-powered tools and integrated data environments to enhance decision-making and scale operational efficiency. Companies in Brazil are shifting from basic platform utilization toward performance-focused strategies that emphasize measurable business results and continuous improvement across customer-facing and internal processes.
“Brazilian enterprises are redefining the role of CRM from a system of record into a system of action,” said Bill Huber, ISG partner, Digital Platforms and Solutions. “The real shift is not adoption of AI itself, but the ability to connect data, automation and decision-making in ways that consistently influence revenue, customer outcomes and operational precision.”
Enterprises in Brazil are expanding the use of Salesforce’s Agentforce platform to deploy autonomous agents across sales, customer service and data analysis functions. These agents interpret behavioral data and sales history to inform real-time decisions. This changes Salesforce from a relationship management system to a business intelligence platform, enabling organizations to standardize execution across channels while improving speed and consistency in customer-facing activities.
Organizations are also strengthening their use of Salesforce Data Cloud to unify customer, transactional and interaction data across Salesforce environments. By integrating structured and unstructured data, companies are enabling more precise segmentation, personalized engagement and tracking of customer behavior. This foundation supports AI models that rely on high-quality data inputs, allowing enterprises to move from fragmented views to a more complete and actionable understanding of customer activity across product and service lifecycles.
Midmarket enterprises in Brazil are accelerating adoption through build-and-run models, where partners implement and then operate Salesforce environments on an ongoing basis. This approach allows for more user-friendly updates, better support and functional improvements at a more predictable cost, with less reliance on large internal teams. Midsize firms are also adopting functional accelerators, industry templates and pre-configured packages, which enable midsized firms to launch digital operations in just a few months.
“Midscale providers are the fastest-growing segment of the Salesforce ecosystem in Brazil, reflecting the market’s demand for speed, flexibility and strong cost discipline,” said Sidney Nobre, lead author of the report. “By partnering with providers for fast implementation, managed operations and AI adoption, midsize companies can build operational models like those of large enterprises, but leaner.”
The report also explores other trends affecting Salesforce adoption in Brazil, including the increasing use of low-code development to accelerate digital initiatives and the growing value of the Salesforce user community for sharing insights from pilot projects and success stories.
For more insights into the challenges faced by enterprises in Brazil using Salesforce, along with ISG’s advice for overcoming them, see the ISG Provider Lens Focal Points briefing here.
The report for Brazil evaluates 45 providers across four quadrants: Professional Services, Value Realization and Optimization Services, Innovation on Salesforce/Agentforce and Midscale Salesforce Partners.
The report names Accenture, BRQ, Deloitte, Everymind and OSF Digital as Leaders in three quadrants each and Globant and Valtech as Leaders in two quadrants each. It names atile.digital, Cadastra, GFT, Infosys, iSmartBlue, JFOX, LEOO, Sottelli and SYS4B as Leaders in one quadrant each.
In addition, Brivia, Capgemini, GFT, HCLTech, Infosys and match.mt are recognized as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.
In the area of customer experience, Hexaware is named the global ISG CX Star Performer for 2026 among Salesforce ecosystem providers. Hexaware earned the highest customer satisfaction scores in ISG's Voice of the Customer survey, which is part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry.
The 2026 ISG Provider Lens Salesforce Ecosystem Partners report for Brazil is available to subscribers or for one-time purchase on this webpage.
About ISG
ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data and research, in-depth knowledge and governance of provider ecosystems, and the expertise of its 1,500 professionals worldwide working together to help clients maximize the value of their technology investments.
Shares of Oracle (NYSE:ORCL | ORCL Price Prediction) are down 10% to $182.25 in early trading Thursday, following the company’s Q4 FY2026 earnings report released after the bell Wednesday. The slide is dragging on cloud and enterprise software names, with Salesforce (NYSE:CRM) stock down 1.28% to $168.80 and trading near its 52-week lows.
Oracle stock closed at $201.26 Wednesday, and the pre-market move would take it back to early-spring levels. Salesforce stock closed at $170.92 and is down 35% year to date, making it one of the weakest large-cap SaaS names of 2026.
The session caps a rough stretch for cloud-software stocks. The selloff carries different drivers for each name, and the nuances matter for anyone trying to read the tape.
Cloud Miss and $40 Billion Capital Raise Overshadow Oracle’s Beat Oracle topped expectations on the headline numbers, posting EPS of $2.11 versus $1.97 expected on revenue of $19.18 billion versus $19.09 billion expected. However, Oracle’s total cloud revenue came in at $9.91 billion against $9.99 billion expected, missing estimates.
Within the cloud line, Cloud Applications landed at $4.13 billion, below the $4.17 billion expected, while Cloud Infrastructure hit $5.79 billion, above the $5.72 billion expected. Investors fixated on the application softness even as infrastructure showed strong AI training and inferencing demand.
The bigger issue is capital. Oracle announced plans to raise roughly $40 billion through a mix of debt and equity to fund its data-center buildout, signaling meaningful dilution and added leverage. Oracle’s free cash flow for FY2026 was deeply negative at -$23.7 billion against capital expenditures of $55.7 billion, with restructuring charges of $823 million on top.
On the bull side, Oracle reaffirmed its FY2027 revenue target of $90 billion and disclosed that remaining performance obligations jumped to $638 billion, well ahead of the $589.5 billion expected. That backlog reflects AI-driven cloud demand, anchored by a $300 billion, five-year deal with OpenAI signed in 2025.
Salesforce Slides on Broader Software Weakness Salesforce stock is now down 36% over the past year, a stark contrast to Oracle’s longer-term resilience. The stock trades at a P/E ratio of 19x, reflecting compressed sentiment toward enterprise software despite generally healthy underlying numbers.
Salesforce’s own fundamentals have actually held up. The company beat in Q1 FY2027 on May 27, reporting EPS of $3.88 versus $3.13 expected on revenue of $11.13 billion, with Agentforce ARR climbing to $1.2 billion, up more than 200% YoY. However, the broader narrative around SaaS has turned harsher in recent weeks.
Software stocks have been under pressure partly on “SaaSpocalypse” fears, the worry that increasingly capable AI models could erode demand for traditional per-seat enterprise-software subscriptions. Reddit’s r/stocks community has amplified that thesis, with one widely upvoted thread titled “Salesforce stock is probably the worst to own right now and in the next 3 years” drawing more than 115 upvotes and 98 comments.
The two selloffs trace to different causes. Oracle stock is moving on its specific cloud miss and capital raise, while Salesforce stock is caught in a broader rotation out of SaaS names worried about AI disruption to seat-based revenue models. Conflating the two could lead investors to misread either setup.
What to Watch Investors can watch for whether Oracle stock holds key support at $180 after the 10% drop and how Salesforce stock behaves near the 52-week low of $163.52 throughout the week. Analyst notes through Thursday could shift sentiment in either direction, particularly if sell-side desks recalibrate their views on Oracle’s capital intensity.
The Q1 FY2027 outlook from Oracle, calling for 58% to 64% cloud revenue growth, may keep the bull case alive if early dip buyers step in. Early-session price moves can shift fast, and the open could set the tone for the rest of the cloud complex.
Shares of software giant Salesforce (CRM 1.04%) are trading near a 52-week low as of this writing, down about 37% year to date -- a slide that makes it one of the worst-performing large-cap software stocks of 2026. The latest leg lower came Thursday, with much of the software sector falling after Oracle reported its quarterly results.
Yet Salesforce's artificial intelligence (AI) business is growing faster than almost anything the company has ever sold. Annual recurring revenue (ARR) for Agentforce, the company's platform for putting autonomous AI agents to work, reached $1.2 billion in the fiscal first quarter of 2027 (the period ended April 30, 2026), up 205% year over year.
So investors are looking at a company whose newest product is more than tripling -- and pricing the stock as if its best days are behind it. Both of these things can't stay true forever.
Here's a closer look at each side of this disconnect, and what could eventually resolve it.
Image source: Getty Images.
Why investors keep selling the stock The bear case starts with a thesis that has earned its own nickname: the "SaaSpocalypse." The worry is that increasingly capable AI agents will take over work currently done by humans, shrinking demand for the per-seat subscriptions that software-as-a-service (SaaS) companies sell. And since Salesforce charges largely by the user, the thinking goes, fewer human users could eventually mean less revenue.
Oracle's report this week added to the pressure. While the database giant grew its fiscal fourth-quarter revenue 21%, its free cash flow for the full fiscal year was negative $23.7 billion as it ramps spending on AI data centers. Oracle shares sank about 10% on Thursday, and Salesforce fell alongside the rest of the sector.
And to be fair, the skeptics have some ammunition. Salesforce's fiscal Q1 revenue rose 13% year over year to $11.1 billion, but $444 million of that came from Informatica, the data management company Salesforce acquired last year. Excluding this contribution, growth was closer to 9%. Management also flagged ongoing weakness in its marketing and commerce products, along with softness in Tableau.
The numbers that don't fit the story But here's the weird thing: despite some slowing in Salesforce's business, AI doesn't seem to be the issue. In fact, AI seems to be a catalyst.
Start with Agentforce. Its ARR stood at $800 million when fiscal 2026 ended on Jan. 31 -- meaning the business grew 50% in a single quarter on its way to $1.2 billion. Even more striking, in a direct challenge to the idea that AI shrinks software seat counts, seven of Salesforce's 10 largest deals in fiscal Q1 added seats.
"[T]here is a latent demand where people want to use Salesforce in their flow of work, but they need a trusted infrastructure," said Salesforce president and chief engineering and success officer Srinivas Tallapragada during the company's fiscal first-quarter earnings call.
Management's position, in other words, is that AI is a tailwind for Salesforce rather than a threat.
CEO Marc Benioff called agentic AI "the biggest growth opportunity for our customers, and for Salesforce" in the company's fiscal Q1 earnings release. And the company is putting money behind the message, entering into a $25 billion accelerated share repurchase earlier this year. Partly thanks to the resulting drop in share count, fiscal Q1 earnings per share jumped 52% year over year to $2.42.
Of course, there's a caveat worth keeping front and center: Agentforce is still small. Against Salesforce's full-year revenue guidance of about $46 billion, $1.2 billion of ARR amounts to less than 3% of the total. A 205% growth rate, however impressive, can't really move the needle yet.
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Ultimately, I think we'll get some clarity about whether AI is a catalyst or a deterrent to the overall business in the coming quarters. Management has said it expects organic revenue growth to reaccelerate in the second half of fiscal 2027. If that reacceleration arrives and seat counts keep growing, there's good reason to give the disruption thesis less weight. But if organic growth remains suppressed, the market's skepticism may be justified.
In the meantime, the stock trades at a price-to-earnings ratio of about 19 -- well below its historical norm. To me, that suggests the market has largely priced in the pessimistic outcome, leaving room for shares to move meaningfully higher if Salesforce delivers on its forecast.
Of course, there's no guarantee management is right, and the stock could remain volatile while the debate plays out. But with Agentforce compounding this quickly and seats still expanding, the burden of proof may now sit with the bears. After all, if AI really were the end of Salesforce, would the company's AI products be its fastest-growing ever?
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CRM 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: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.
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) shares are getting hammered on Friday, down 9% to $198 after the design-software giant reported a beat-and-raise quarter that investors decided to sell anyway. The move follows Thursday’s 6% drop to $218.80, stretching a brutal week into something closer to a capitulation.
The selloff is striking because the numbers were strong. Adobe posted record revenue of $6.62 billion, up 13% year over year, with non-GAAP EPS of $5.96 and operating cash flow of $2.17 billion. Furthermore, Adobe’s management raised its full-year guidance.
Yet, ADBE stock is now down 37% year to date and 47% over the past 12 months. The market clearly is not buying the bull case, at least not yet.
CFO Exit and Downgrades Override a Beat-and-Raise The biggest shock came alongside the print. Adobe CFO Dan Durn is departing June 15, with a longtime internal finance leader stepping in on an interim basis. CEO Shantanu Narayen stated, “I want to thank Dan for leading the finance organization that will support Adobe’s next chapter of growth in the AI era.”
That transition lands just months after Narayen himself signaled a leadership handoff. Multiple analyst downgrades followed Adobe’s Q2 2026 results, citing the leadership shuffle and what some on Wall Street view as a strategic pivot toward freemium offerings that could pressure average revenue per user.
Layer in the persistent worry that AI-native creative tools are starting to nibble at Adobe’s subscription moat, and you have the recipe for a sentiment break. Narayen leaned hard into the AI story, noting AI-first ARR tripled year over year to exceed $500 million. The bulls argue that’s proof of monetization, while the bears argue $500 million is a rounding error against $27.1 billion in total ARR.
Salesforce and the SaaS-Versus-AI Question Salesforce (NYSE:CRM) is down 3% to $162 and change this morning, a comparatively modest move that doesn’t match Adobe stock’s plunge. The shared concern is the looming question hanging over large-cap enterprise SaaS names: can subscription pricing power survive an AI-native competitive wave?
Salesforce’s own fundamentals look healthy. The company posted Q1 FY2027 revenue of $11.13 billion, up 13% year over year, with Agentforce ARR of $1.2 billion, up 205% year over year. CRM stock trades at a P/E ratio of 18x with a free cash flow yield north of 10%, valuations that already reflect significant skepticism.
Reddit’s r/stocks community has been pounding the table the other way. One widely shared thread argued that “Salesforce stock is probably the worst to own right now and in the next 3 years,” with this thread drawing 157 upvotes and 127 comments. That’s the same disintermediation worry now visibly priced into Adobe shares.
What to Watch Now The bull case for Adobe stock is straightforward: strong cash flow, aggressive buybacks ($2.111 billion repurchased in Q2 alone), raised guidance, and a stock that has been heavily de-rated. Some investors may see a generational entry point.
The bear case is the value trap. If AI-native tools genuinely erode pricing power and the freemium pivot caps ARPU expansion, today’s multiple may not be cheap enough. The Adobe CFO exit removes a steady hand at exactly the wrong moment.
Watch for whether ADBE stock can hold the $200 level throughout the day and whether sell-side notes through the morning shift the tone. The read-across for Salesforce and other enterprise SaaS names may take a few sessions to resolve, but today it appears that the market is voting on whether AI is the moat or the threat.
Salesforce (CRM - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this customer-management software developer have returned -0.7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Internet - Software industry, to which Salesforce belongs, has gained 0.5% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Salesforce is expected to post earnings of $3.27 per share for the current quarter, representing a year-over-year change of +12.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.5%.
The consensus earnings estimate of $14.12 for the current fiscal year indicates a year-over-year change of +12.8%. This estimate has changed +6% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $15.49 indicates a change of +9.7% from what Salesforce is expected to report a year ago. Over the past month, the estimate has changed +5.4%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Salesforce.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Salesforce, the consensus sales estimate for the current quarter of $11.3 billion indicates a year-over-year change of +10.4%. For the current and next fiscal years, $46.09 billion and $50.4 billion estimates indicate +11% and +9.4% changes, respectively.
Last Reported Results and Surprise HistorySalesforce reported revenues of $11.13 billion in the last reported quarter, representing a year-over-year change of +13.3%. EPS of $3.88 for the same period compares with $2.58 a year ago.
Compared to the Zacks Consensus Estimate of $11.06 billion, the reported revenues represent a surprise of +0.68%. The EPS surprise was +24.36%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Salesforce is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Salesforce. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Key Takeaways IIPR beat Q1 estimates with $1.88 FFO and $69M revenues, driven by leasing and IQHQ income.Innovative Industrial Properties saw interest income jump to $6.3M, fueled by IQHQ investment returns.IIPR revenues fell 3.8% Y/Y due to tenant defaults despite 97.8% portfolio occupancy. Innovative Industrial Properties, Inc. (IIPR - Free Report) posted first-quarter 2026 adjusted funds from operations (AFFO) of $1.88 per share, edging past the Zacks Consensus Estimate of $1.87. Total revenues came in at $69.0 million, topping the consensus mark by 3.1%.
Results reflected steady leasing execution and a meaningful lift from interest and dividend income tied to the company’s IQHQ life science investment, even as revenues and FFO slipped year over year. Executed leases totaled 389,000 square feet year to date, supporting portfolio occupancy.
Innovative Industrial Leans on Leasing MomentumManagement emphasized leasing traction early in 2026. In January, the company executed a 204,000-square-foot full-building lease in Desert Hot Springs, CA, with Gramlin. It also executed a 5,000-square-foot lease in Palm Springs, CA, and a 56,000-square-foot full-building lease in Palm Springs with Gramlin, along with a 66,000-square-foot full-building lease in Dwight, IL, with Grown Rogue.
The operating portfolio was 97.8% leased as of March 31, 2026, highlighting that re-tenanting progress has helped preserve utilization levels, even as certain tenants have remained under stress. The portfolio stood at 110 properties across 19 states and approximately 8.9 million rentable square feet.
Innovative Industrial Sees IQHQ Lift Interest IncomeA major swing factor in the quarter was interest and other income, which rose to $6.3 million from $1.6 million in the first quarter of 2025. The company tied the increase largely to recognizing $5.5 million of interest and dividend income related to its financial investments in IQHQ.
As of March 31, 2026, IIPR funded $150 million of its strategic IQHQ investment, comprising a fully funded $100 million revolving credit facility and $50 million of Series G preferred equity. After quarter-end, it funded an additional $25 million of Series G preferred equity and reiterated a remaining commitment of up to $95 million through second-quarter 2027.
IIPR’s Revenues Soften Y/Y as Defaults Linger, Expenses GrowTotal revenues of $69.0 million declined 3.8% from $71.7 million in the year-ago quarter, with management attributing the drop primarily to tenant defaults. Those pressures were partly offset by contractual rent escalations, revenues from a property acquired in February 2025 and new leases on existing assets.
Rental revenues (including tenant reimbursements) were $68.9 million versus $71.7 million a year ago, while “other” revenues were minimal. The year-over-year revenue contraction underscores that cash collections and re-tenanting progress remain key variables for near-term growth.
On the expense line, property expenses increased to $7.6 million from $7.4 million in the prior-year quarter. General and administrative expenses moved higher to $10.3 million from $8.5 million.
The top 10 tenants accounted for roughly 91.5% of annualized base rent, with PharmaCann and 4Front noted as in default.
IIPR’s Balance Sheet Stays Low LeveragedIIPR exited the quarter with total assets of $2.39 billion, including $2.09 billion of net real estate held for investment and $154.0 million of life science investments. Cash and cash equivalents were $89.1 million.
Leverage metrics remained conservative. The company reported 13% debt to total gross assets and total liquidity of $176.6 million, consisting of cash and revolver availability. Management also highlighted ongoing balance sheet actions, including equity issuance year to date and additional debt financings underway to address the upcoming bond maturity.
IIPR’s Zacks RankInnovative Industrial currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Earnings ReleasesWe now look forward to the earnings releases of other REITs like Host Hotels & Resorts (HST - Free Report) and Simon Property Group (SPG - Free Report) , slated to report on May 6 and May 11, respectively.
The Zacks Consensus Estimate for Host Hotels & Resorts’ first-quarter 2026 FFO per share is pegged at 63 cents, implying a 1.6% year-over-year decrease. HST currently carries a Zacks Rank #3.
The consensus estimate for Simon Property Group’s first-quarter 2026 FFO per share stands at $2.98, which indicates 1% growth year over year. SPG currently has a Zacks Rank #2 (Buy).
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
Innovative Industrial Properties offers a compelling AFFO yield of 13.7% on common stock and over 10% current yield on preferreds. IIPR trades at a P/B of 0.91, reflecting market skepticism due to troubled tenants and cannabis sector uncertainty despite strong asset coverage and low leverage. Portfolio diversification into life sciences increases credit risk, with new investments yielding 14% but reducing fixed charge coverage and raising Net Debt/EBITDA to 2.09x.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on a $56.5 million secured term loan (the “Loan”). The Loan has an initial term of three years, bears interest at the one-month Secured Overnight Financing Rate (SOFR) plus a spread of 500 basis points, is interest only and is secured by certain properties of the Company. The proceeds from the Loan are expected to be used to pay off the Company’s unsecured notes that are maturing at the end of this month.
“The successful closing of this loan reflects the continued confidence in our platform and portfolio. We are appreciative of our new lending relationship that provided this capital to the Company,” said Alan Gold, Executive Chairman of IIP. “This financing further strengthens our balance sheet and positions us to execute on strategic growth opportunities for 2026 and beyond.”
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.
More News From Innovative Industrial Properties, Inc.
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.
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.
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.
Innovative Industrial Properties, Inc. remains a Buy after a ~78% drop since 2022, supported by recent solid earnings and attractive valuation. IIPR's triple-net lease model, 110-property portfolio, and 12.4-year WALT provide predictable cash flows and operational resilience. With a 7% AFFO per share CAGR and 9% annual DPS growth, IIPR offers compelling, growing dividends for income-focused investors.
Insider Selling: MarketAxess (NASDAQ:MKTX) General Counsel Sells 100 Shares of StockMarketBeat
MarketAxess Holdings Inc. (NASDAQ:MKTX - Get Free Report) General Counsel Scott Pintoff sold 100 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $116.03, for a total transaction of $11,603.00. Following the transaction, the general counsel owned 11,786 shares in the company, valued at approximately $1,367,529.58. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ:MKTX
Read Insider Selling: MarketAxess (NASDAQ:MKTX) General Counsel Sells 100 Shares of Stock
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SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on four secured term loans totaling $44.9 million in gross proceeds (the “Loans”). The Loans have an initial term of five years, bear interest at a fixed rate of 6.67% and are secured by certain properties of the Company. The proceeds from the Loans are expected to be used to pay off the Company’s unsecured notes that are maturing at the end of this month.
“This financing reflects our continued commitment to maintaining a strong and flexible balance sheet. By extending our debt maturity profile and securing attractively priced capital through a new lending relationship, we believe we are well positioned to support our long-term growth strategy and create value for our shareholders,” said Alan Gold, Executive Chairman of IIP.
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.
More News From Innovative Industrial Properties, Inc.
Top Marijuana REITs Positioned for Long-Term Growth in 2026 The cannabis sector continues attracting investors in 2026. However, many traders now prefer cannabis REITs over traditional marijuana stocks. These companies offer exposure to the industry while also generating income through dividends. Additionally, cannabis REITs typically exhibit lower volatility than many cannabis operators.
The United States cannabis market also keeps expanding across several states. New legalization efforts and reform discussions continue to help overall industry sentiment. Furthermore, cannabis companies still face limited access to traditional banking services. As a result, REITs and lenders remain extremely important to the sector. Many cannabis REITs use long-term leases or secured lending agreements. As a result, they often create stable recurring cash flow. Investors seeking both growth and income continue to watch the sector closely. Here are three top cannabis REITs to watch in May 2026.
[Read More] Here Are Some Ways Marijuana Stocks Can Make You A Profit
Top Cannabis REITs to Watch in May 2026 for Growth and Dividends Innovative Industrial Properties (NYSE: IIPR) NewLake Capital Partners (OTC: NLCP) Chicago Atlantic Real Estate Finance (NASDAQ: REFI) Innovative Industrial Properties (IIPR) Innovative Industrial Properties remains the largest cannabis REIT in the United States. The company focuses on owning specialized cannabis cultivation and processing facilities. It purchases properties from operators and leases them back under long-term agreements. The company has built a large footprint across many legalized states. Its largest presence is in Pennsylvania, Illinois, and Massachusetts. Additionally, the company works with major multistate operators nationwide. Those tenants include Curaleaf, Cresco Labs, and PharmaCann.
IIPR does not directly operate the dispensaries itself. However, its tenants collectively manage hundreds of dispensaries nationwide. The company owns facilities connected to many of the industry’s largest operators. Furthermore, most leases include annual rent increases. That structure helps support predictable long-term revenue growth. Investors continue to follow IIPR due to its strong dividend history. Since its public launch, the company has paid substantial dividends to shareholders. Additionally, it remains one of the most recognized cannabis REITs in the market today.
The company has also started expanding into life sciences real estate. That move could help reduce future cannabis-specific risk exposure. Meanwhile, management continues focusing on disciplined acquisitions and portfolio management. Financially, Innovative Industrial Properties delivered stable results in the early part of 2026. Revenue remained solid despite ongoing challenges within the cannabis sector. Additionally, adjusted funds from operations continued to support the company’s dividend payout.
Latest Financials The company maintained its quarterly dividend during the latest quarter. That payout continues to attract income-focused investors seeking high yields. Furthermore, management strengthened liquidity through additional financing activities earlier this year. Some investors remain concerned about tenant payment issues and industry pricing pressure. Several cannabis operators still face declining wholesale prices and margin compression. However, IIPR continues to work through those challenges through restructuring efforts and lease modifications.
The company also maintains one of the strongest balance sheets in the cannabis real estate sector. That financial stability may become increasingly important during uncertain market conditions. Additionally, federal reform discussions could improve tenant profitability in future years. Overall, IIPR remains one of the top cannabis REITs to watch in May 2026. Its large portfolio, dividend yield, and national footprint continue attracting long-term investors.
[Read More] Marijuana Stocks to Watch Before the Next Cannabis Rally
NewLake Capital Partners (NLCP) NewLake Capital Partners has become another popular cannabis REIT among investors. The company owns cultivation facilities and dispensary properties leased to cannabis operators. Additionally, NewLake focuses heavily on long-term triple-net lease agreements. The company has carefully expanded into several important cannabis markets. Its largest exposure includes Pennsylvania, Florida, and Ohio. Furthermore, NewLake works with established multistate operators throughout the United States.
Its tenants collectively operate many dispensaries nationwide. Meanwhile, the company owns both retail and cultivation properties. That diversified portfolio gives investors broader exposure to the cannabis industry. Management has also built a reputation for disciplined underwriting standards. The company remains selective before approving acquisitions or investments. As a result, many investors view NewLake as one of the more conservative cannabis REITs.
Another attractive feature is the company’s dividend payout. NewLake continues paying steady quarterly dividends despite cannabis market volatility. Additionally, the company carries relatively low leverage compared to some competitors. That conservative balance sheet could become valuable if industry conditions remain difficult. Furthermore, limited access to traditional cannabis financing continues to support demand for REIT partnerships.
Latest Financials Financially, NewLake Capital reported stable operating results during recent quarters. Revenue remained consistent even while several facilities stayed temporarily vacant. Additionally, adjusted funds from operations continued to support dividend payments. The company maintained its quarterly dividend during the latest reporting period. Management also highlighted strong liquidity and financial flexibility entering mid-2026. Those factors continue to help investor confidence.
Some revenue pressure came from vacant cultivation properties in certain markets. However, rent escalators and recently acquired dispensaries helped offset part of the weakness. Furthermore, the company continues to carefully explore new investment opportunities. NewLake also benefits from its strong tenant relationships and disciplined growth strategy. Management appears focused on protecting shareholder value during uncertain industry conditions. That cautious approach has helped the company stand out from weaker cannabis businesses.
Overall, NLCP remains a cannabis REIT worth watching closely this year. Investors seeking dividends and lower leverage continue showing interest in the stock.
[Read More] 3 Marijuana Stocks To Know About Now In 2026
Chicago Atlantic Real Estate Finance (REFI) Chicago Atlantic Real Estate Finance operates differently from many cannabis REITs. Instead of primarily owning properties, the company focuses on lending capital to cannabis operators. Those loans are usually secured by real estate and business assets. The company provides financing to licensed cannabis businesses throughout the United States. Its portfolio includes senior secured loans tied to cultivation facilities, dispensaries, and equipment. Additionally, management focuses heavily on risk management and collateral protection.
Chicago Atlantic has become one of the largest institutional cannabis lenders in the market. The company works with several established multistate cannabis operators nationwide. Those operators collectively manage many dispensaries across legalized states. Demand for cannabis lending remains strong because traditional banking access remains limited. Therefore, operators still rely heavily on private credit providers like REFI. Additionally, the company benefits from relatively high loan interest rates.
Latest Financials One reason investors continue to watch REFI is its high dividend yield. The company pays strong quarterly dividends supported by interest income from its lending portfolio. That combination of income and cannabis exposure attracts many speculative investors. Financially, Chicago Atlantic reported stable portfolio growth entering 2026. The company managed hundreds of millions in active cannabis-related loans during the latest quarter. Additionally, the portfolio maintained a strong weighted average yield.
Management also highlighted healthy liquidity levels and continued lending opportunities nationwide. The company expects demand for cannabis financing to remain elevated throughout the year. Furthermore, federal reform discussions could eventually improve industry growth. However, investors should still recognize the risks tied to cannabis lending. Some operators continue facing pricing pressure and profitability issues. Therefore, lenders must carefully monitor borrower performance and repayment trends.
The company also increased reserves for potential credit losses during recent quarters. That cautious approach reflects ongoing uncertainty within parts of the cannabis market. Still, management remains optimistic about long-term industry growth. Overall, REFI remains one of the highest-yielding cannabis REITs available today. Investors comfortable with higher risk continue watching the stock closely in May 2026.
Innovative Industrial Properties is undervalued, trading at 8x 2026 annualized first-quarter NFFO versus peers at 14.37x. IIPR's 13.32% dividend yield is not currently covered, but ongoing tenant default resolutions and new leases are expected to improve NFFO coverage and support the payout. Recent leasing momentum and increased payments from defaulted tenants underpin sequential revenue growth, with second-quarter revenue likely to exceed $70 million.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026, satisfying a significant public debt maturity for the Company. The repayment was completed through cash on hand, availability under the Company’s revolving credit facilities and proceeds from recently closed term loans.
“Repaying this bond maturity represents a meaningful milestone for IIP, which reflects the strength of our balance sheet, disciplined capital allocation strategy and the execution capabilities of our best-in-class management team. As part of this process, we have added multiple new lending relationships to the Company that provided attractively priced debt capital at a blended interest rate of approximately 8.3%,” said Alan Gold, Executive Chairman of IIP. “With this obligation now behind us, we have strengthened our already strong balance sheet and positioned us to focus on strategic growth opportunities.”
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.
More News From Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026, satisfying a significant public debt maturity for the Company. The repayment was completed through cash on hand, availability under the Company’s revolving credit facilities and proceeds from recently closed term loans.
“Repaying this bond maturity represents a meaningful milestone for IIP, which reflects the strength of our balance sheet, disciplined capital allocation strategy and the execution capabilities of our best-in-class management team. As part of this process, we have added multiple new lending relationships to the Company that provided attractively priced debt capital at a blended interest rate of approximately 8.3%,” said Alan Gold, Executive Chairman of IIP. “With this obligation now behind us, we have strengthened our already strong balance sheet and positioned us to focus on strategic growth opportunities.”
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260526201692/en/
Key Takeaways IIPR repaid $282M of 5.50% senior notes due May 2026, clearing a major debt maturity.IIPR used cash, revolvers and new secured loans: $56.5M SOFR 500 (3yr) plus $44.9M at 6.67%.IIPR leased 389k sq ft through May 4, 2026; its 110-property portfolio averages 12.4-year leases. Innovative Industrial Properties (IIPR - Free Report) has removed a sizable debt maturity from its balance sheet by fully repaying $282 million of 5.50% senior notes due May 2026. The cannabis-focused real estate investment trust funded the repayment with cash on hand, borrowings under its revolving credit facilities and proceeds from recently completed secured term loans.
With this, IIPR has reduced near-term refinancing pressure at a time when capital remains costly for many real estate companies and improves financial flexibility. A large public debt obligation is now behind the REIT, giving management more room to focus on leasing, portfolio management and selective growth.
The repayment was supported by fresh secured financing. IIPR recently closed a $56.5 million secured term loan with a three-year initial term and a floating rate of one-month SOFR plus 500 basis points. It also completed four secured term loans totaling $44.9 million, carrying five-year initial terms and a fixed interest rate of 6.67%. Together, these deals helped fund the note repayment while adding new lending relationships.
Operationally, IIPR entered this refinancing period with some support from its core business. In the first quarter of 2026, the company reported total revenues of $69.0 million and AFFO of $53.4 million, or $1.88 per share. It also declared common dividends of $1.90 per share.
Leasing progress was another positive, with 389,000 square feet leased since the beginning of the year through May 4, 2026 across California, Illinois and Ohio. IIPR’s portfolio of 110 properties across 19 states, a weighted-average lease length of 12.4 years and $2.5 billion of invested capital gives the company a sizable platform.
The repayment removes a clear overhang and shows capital-market access, while leasing activity and long lease terms remain upsides. At the same time, investors should watch the cost of newer debt, tenant health in the regulated cannabis market and execution around IIPR’s life-science commitments. The balance sheet looks steadier after this step, but the stock still depends on consistent rent collection, disciplined capital use and tenant demand holding up.
Over the past three months, shares of this Zacks Rank #4 (Sell) company have gained 7.7%, outperforming the industry's rise of 3.3%.
Image Source: Zacks Investment Research
Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are Industrial Logistics Properties Trust (ILPT - Free Report) and STAG Industrial, Inc. (STAG - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The consensus mark for Industrial Logistics Properties Trust’s 2026 FFO per share has been revised 6.3% upward to $1.34 over the past month.
The Zacks Consensus Estimate for STAG Industrial’s 2026 FFO per share suggests a 3.14% increase year over year.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
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A month has gone by since the last earnings report for Innovative Industrial Properties (IIPR - Free Report) . Shares have lost about 3.9% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Innovative Industrial Properties due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Innovative Industrial Properties, Inc. before we dive into how investors and analysts have reacted as of late.
Innovative Industrial's Q1 AFFO & Revenues Beat Estimates on Strong Leasing MomentumInnovative Industrial Properties posted first-quarter 2026 AFFO of $1.88 per share, edging past the Zacks Consensus Estimate of $1.87. Total revenues came in at $69.0 million, topping the consensus mark by 3.1%.
Results reflected steady leasing execution and a meaningful lift from interest and dividend income tied to the company’s IQHQ life science investment, even as revenues and FFO slipped year over year. Executed leases totaled 389,000 square feet year to date, supporting portfolio occupancy.
Innovative Industrial Leans on Leasing MomentumManagement emphasized leasing traction early in 2026. In January, the company executed a 204,000-square-foot full-building lease in Desert Hot Springs, CA, with Gramlin. It also executed a 5,000-square-foot lease in Palm Springs, CA, and a 56,000-square-foot full-building lease in Palm Springs with Gramlin, along with a 66,000-square-foot full-building lease in Dwight, IL, with Grown Rogue.
The operating portfolio was 97.8% leased as of March 31, 2026, highlighting that re-tenanting progress has helped preserve utilization levels, even as certain tenants have remained under stress. The portfolio stood at 110 properties across 19 states and approximately 8.9 million rentable square feet.
Innovative Industrial Sees IQHQ Lift Interest IncomeA major swing factor in the quarter was interest and other income, which rose to $6.3 million from $1.6 million in the first quarter of 2025. The company tied the increase largely to recognizing $5.5 million of interest and dividend income related to its financial investments in IQHQ.
As of March 31, 2026, Innovative Industrial funded $150 million of its strategic IQHQ investment, comprising a fully funded $100 million revolving credit facility and $50 million of Series G preferred equity. After quarter-end, it funded an additional $25 million of Series G preferred equity and reiterated a remaining commitment of up to $95 million through second-quarter 2027.
Revenues Soften Y/Y as Defaults Linger, Expenses GrowTotal revenues of $69 million declined 3.8% from $71.7 million in the year-ago quarter, with management attributing the drop primarily to tenant defaults. Those pressures were partly offset by contractual rent escalations, revenues from a property acquired in February 2025 and new leases on existing assets.
Rental revenues (including tenant reimbursements) were $68.9 million versus $71.7 million a year ago, while “other” revenues were minimal. The year-over-year revenue contraction underscores that cash collections and re-tenanting progress remain key variables for near-term growth.
On the expense line, property expenses increased to $7.6 million from $7.4 million in the prior-year quarter. General and administrative expenses moved higher to $10.3 million from $8.5 million.
The top 10 tenants accounted for roughly 91.5% of annualized base rent, with PharmaCann and 4Front noted as in default.
IIPR’s Balance Sheet Stays Low LeveragedInnovative Industrial exited the quarter with total assets of $2.39 billion, including $2.09 billion of net real estate held for investment and $154.0 million of life science investments. Cash and cash equivalents were $89.1 million.
Leverage metrics remained conservative. The company reported 13% debt to total gross assets and total liquidity of $176.6 million, consisting of cash and revolver availability. Management also highlighted ongoing balance sheet actions, including equity issuance so far in the year and additional debt financings underway to address the upcoming bond maturity.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision.
VGM ScoresAt this time, Innovative Industrial Properties has a subpar Growth Score of D, a grade with the same score on the momentum front. However, the stock has a grade of B on the value side, putting it in the second quintile for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of this revision indicates a downward shift. It's no surprise Innovative Industrial Properties has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry PlayerInnovative Industrial Properties is part of the Zacks REIT and Equity Trust - Other industry. Over the past month, Crown Castle (CCI - Free Report) , a stock from the same industry, has gained 0.9%. The company reported its results for the quarter ended March 2026 more than a month ago.
Crown Castle reported revenues of $1.01 billion in the last reported quarter, representing a year-over-year change of -4.8%. EPS of $0.50 for the same period compares with $1.10 a year ago.
For the current quarter, Crown Castle is expected to post earnings of $1.00 per share, indicating a change of -2% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
Crown Castle has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.
Innovative Industrial Properties is deeply undervalued, trading at a double-digit yield despite a strong, low-leverage balance sheet. Recent cannabis rescheduling to Schedule III is a major regulatory tailwind, poised to enhance tenant credit quality and reduce portfolio risk. IIPR has successfully refinanced its May debt maturity and is actively re-tenanting properties, with tentative agreements in place for all troubled assets.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today that its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”), intends to offer, subject to market and other conditions, $250.0 million aggregate principal amount of exchangeable senior notes due 2029 (the “notes”) in a private placement.
The Operating Partnership also intends to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $37.5 million aggregate principal amount of the notes to cover over-allotments, if any.
The notes will be senior unsecured obligations of the Operating Partnership, will be fully and unconditionally guaranteed by the Company and will be exchangeable for cash, shares of the Company’s common stock, or a combination of cash and shares of the Company’s common stock, at the Operating Partnership’s option. The interest rate, exchange rate and other terms of the notes will be determined by negotiations between the Company and the initial purchasers of the notes.
The Operating Partnership intends to use up to $50.0 million of the net proceeds from this offering to fund the repurchase of shares of common stock of the Company from certain purchasers of the notes in privately negotiated transactions and intends to use the remaining net proceeds from this offering for working capital and general corporate purposes, which may include repayment of indebtedness and funding investments that are consistent with its investment strategy, or a combination of the foregoing. The share repurchases, and any other repurchases of shares of the Company’s common stock, may increase, or reduce the size of any decrease in, the market price of the Company’s common stock, and repurchases executed concurrently with the pricing of the offering may affect the initial terms of the notes, including the initial conversion price.
The notes (and the related guarantee) will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The notes and the related guarantee, and any shares issuable upon conversion of the notes, have not and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the offered securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
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.
This press release contains statements that are “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. All statements other than historical facts, including, without limitation, statements regarding the offering, the terms of the notes, and the use of proceeds from the offering, including the share repurchase, are forward-looking statements. When used in this press release, words such as the Company or the Operating Partnership “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates” or “anticipates” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. 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. Investors should not place undue reliance upon forward-looking statements. The Company 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.
SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of a private offering of $350.0 million aggregate principal amount of 6.0% exchangeable senior notes due 2029 (the “notes”) of its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”). The offering was upsized from the previously announced offering size of $250.0 million in aggregate principal amount of notes. The offering is expected to close on June 15, 2026, subject to the satisfaction of customary closing conditions.
The initial purchasers of the notes have been granted a 13-day option to purchase up to an additional $52.5 million aggregate principal amount of notes to cover over-allotments, if any.
The notes will be senior unsecured obligations of the Operating Partnership, will be fully and unconditionally guaranteed by the Company and will be exchangeable for cash, shares of the Company’s common stock, or a combination of cash and shares of the Company’s common stock, at the Operating Partnership’s option. The initial exchange rate for the notes will be 14.4113 shares of the Company’s common stock per $1,000 principal amount of notes and the initial exchange price will be approximately $69.39 per share of the Company’s common stock. The initial exchange rate and initial exchange price are subject to adjustment in certain circumstances. The notes will pay interest semiannually at a rate of 6.0% per annum and will mature on June 15, 2029, unless earlier exchanged or repurchased in accordance with their terms. The Operating Partnership will not have the right to redeem the notes prior to maturity, but may be required to repurchase the notes from holders under certain circumstances.
The Operating Partnership intends to use up to $70.0 million of the net proceeds from this offering (or up to $80.5 million of the net proceeds if the initial purchasers exercise their option to purchase additional notes) to fund the repurchase of shares of common stock of the Company from certain purchasers of the notes in privately negotiated transactions and intends to use the remaining net proceeds from this offering for working capital and general corporate purposes, which may include repayment of indebtedness, and funding investments that are consistent with its investment strategy, or a combination of the foregoing. The share repurchases, and any other repurchases of shares of the Company’s common stock, may increase, or reduce the size of any decrease in, the market price of the Company’s common stock, and repurchases executed concurrently with the pricing of the offering may have affected the initial terms of the notes, including the initial conversion price.
The notes (and the related guarantee) will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The notes and the related guarantee, and any shares issuable upon conversion of the notes, have not and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the offered securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
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.
This press release contains statements that are “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. All statements other than historical facts, including, without limitation, statements regarding the offering, the terms of the notes, and the use of proceeds from the offering, including the share repurchase, are forward-looking statements. When used in this press release, words such as the Company or the Operating Partnership “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates” or “anticipates” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. 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. Investors should not place undue reliance upon forward-looking statements. The Company 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.
Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR) announced today the pricing of a private offering of $350.0 million aggregate principal amount of 6.0% exchangeable senior notes due 2029 (the “notes”) of its operating partnership, IIP Operating Partnership, LP (the “Operating Partnership”). The offering was upsized from the previously announced offering size of $250.0 million in aggregate principal amount of notes. The offering is expected to close on June 15, 2026, subject to the satisfaction of customary closing conditions.
The initial purchasers of the notes have been granted a 13-day option to purchase up to an additional $52.5 million aggregate principal amount of notes to cover over-allotments, if any.
The notes will be senior unsecured obligations of the Operating Partnership, will be fully and unconditionally guaranteed by the Company and will be exchangeable for cash, shares of the Company’s common stock, or a combination of cash and shares of the Company’s common stock, at the Operating Partnership’s option. The initial exchange rate for the notes will be 14.4113 shares of the Company’s common stock per $1,000 principal amount of notes and the initial exchange price will be approximately $69.39 per share of the Company’s common stock. The initial exchange rate and initial exchange price are subject to adjustment in certain circumstances. The notes will pay interest semiannually at a rate of 6.0% per annum and will mature on June 15, 2029, unless earlier exchanged or repurchased in accordance with their terms. The Operating Partnership will not have the right to redeem the notes prior to maturity, but may be required to repurchase the notes from holders under certain circumstances.
The Operating Partnership intends to use up to $70.0 million of the net proceeds from this offering (or up to $80.5 million of the net proceeds if the initial purchasers exercise their option to purchase additional notes) to fund the repurchase of shares of common stock of the Company from certain purchasers of the notes in privately negotiated transactions and intends to use the remaining net proceeds from this offering for working capital and general corporate purposes, which may include repayment of indebtedness, and funding investments that are consistent with its investment strategy, or a combination of the foregoing. The share repurchases, and any other repurchases of shares of the Company’s common stock, may increase, or reduce the size of any decrease in, the market price of the Company’s common stock, and repurchases executed concurrently with the pricing of the offering may have affected the initial terms of the notes, including the initial conversion price.
The notes (and the related guarantee) will be offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The notes and the related guarantee, and any shares issuable upon conversion of the notes, have not and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the offered securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
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.
This press release contains statements that are “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934. All statements other than historical facts, including, without limitation, statements regarding the offering, the terms of the notes, and the use of proceeds from the offering, including the share repurchase, are forward-looking statements. When used in this press release, words such as the Company or the Operating Partnership “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates” or “anticipates” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. 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. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260610616429/en/
The company introduces a unified SAP Business AI Platform, deepening partnerships with Anthropic, Amazon Web Services, Google Cloud, Microsoft, NVIDIA and Palantir
, /PRNewswire/ -- At SAP Sapphire in 2026, SAP SE (NYSE: SAP) introduced the Autonomous Enterprise to help enhance the world's most critical business workflows, so that humans and AI work together to meet the accelerating demands of global business profitably, strategically and safely.
"For the mission-critical processes of our customers, 'almost right' just isn't good enough," said Christian Klein, CEO of SAP SE. "By uniting SAP Business AI Platform with SAP Autonomous Suite, we anchor AI agents in the business processes, data and governance so they can deliver accurate, compliant and secure outcomes, unlocking new sources of revenue and meaningful cost savings."
The Autonomous Enterprise includes a unified AI platform for building, contextualizing and governing agents, an autonomous suite that executes core business operations and a new user experience that redefines how people work with enterprise software.
Introducing SAP Business AI Platform
SAP Business AI Platform is a new foundation for building and deploying enterprise AI grounded in real business context. SAP Business AI Platform now unifies SAP Business Technology Platform, SAP Business Data Cloud and SAP Business AI into a single, governed environment.
At its core is the SAP Knowledge Graph solution, which gives AI agents a structured map of business entities, processes and relationships across a customer's SAP landscape. Joule Studio is SAP's AI-first solution for building enterprise agents, applications and agentic workflows. Developers can build using the no-code, pro-code and AI frameworks of their choice on SAP-managed infrastructure that is secure, scalable and optimized for enterprise AI.
Deploying SAP Autonomous Suite Across Every Business Function and Industry
Building on this foundation, SAP also introduced SAP Autonomous Suite, which enables SAP's existing business applications with AI agents capable of running processes from start-to-finish.
The suite will deploy more than 50 domain-specific Joule Assistants across finance, supply chain, procurement, human capital management and customer experience. These assistants will automate end-to-end processes by orchestrating a subset of over 200 specialized agents to execute precise tasks. For example, the new Autonomous Close Assistant can compress the financial close process from weeks to days by automating journal entries, reconciliation and error resolution across the entire process.
SAP also launched Industry AI, expanding its deep industry portfolio through seven autonomous solutions that will enable start-to-finish industry processes and embed sector-specific process logic, data models and regulatory requirements. At SAP Sapphire, SAP showcased its work with European energy giant RWE to leverage Industry AI, helping reduce unplanned downtime across its offshore wind turbines. With SAP's Autonomous Asset Management scenario, AI agents are designed to analyze data from thousands of past incidents, identify the likely root cause and generate pre-filled work orders with the right tools and proven fixes from other sites.
Designing the Autonomous User Experience
The company also revealed Joule Work, redefining how users engage with SAP software. Instead of navigating individual applications and entering data across several screens, users will now interact primarily with Joule. By describing a desired business outcome, Joule will orchestrate the right combination of workflows, data and agents to get it done.
Joule Work goes beyond conversation, proactively surfacing relevant insights and automating routine tasks behind the scenes so work moves forward even when humans aren't actively steering it. It will be available on desktop, mobile and voice across SAP and non-SAP systems.
Accelerating the Customer Journey Toward Autonomy with €100 Million Infusion
SAP evolved its customer and partner programs to help accelerate the organization's journey to the Autonomous Enterprise. To catalyze adoption, the company has launched a €100 million fund for SAP partners to help customers deploy SAP-built AI assistants and agents. The fund is also available to partners that extend or build new partner agents on the new SAP Business AI Platform using Joule Studio.
SAP has enhanced its RISE with SAP and SAP GROW offerings to accelerate AI adoption. Both include access to the Joule Assistants portfolio; RISE with SAP customers will have three assistants activated within their first year, while SAP GROW customers receive full portfolio access at onboarding. SAP S/4HANA, on-premise and SAP ERP Central Component (SAP ECC) customers are not excluded: those that commit to transitioning the majority of their current landscape to SAP Cloud ERP gain access to select AI scenarios, bridging the gap between their current landscape and their cloud destination.
SAP also introduced new agent-led transformation tooling that can reduce ERP migration efforts by more than 35 percent, driving faster and more predictable projects by automating system analysis, code remediation, configuration and testing at scale.
Lastly, SAP announced a full slate of strategic partnerships across each category:
Platform and suite partnerships include Anthropic, with Claude among the foundation models SAP's AI platform will leverage to power Joule agents across HR, procurement and supply chain; Amazon Web Services, bringing zero-copy data integration between SAP Business Data Cloud and Amazon Athena; Google Cloud and Microsoft, enabling bidirectional agent-to-agent interoperability between Joule and external agent frameworks; Mistral AI and Cohere, delivering sovereign model options on SAP's cloud infrastructure; n8n, providing visual AI workflow orchestration inside Joule Studio; NVIDIA, whose OpenShell provides the trusted secure runtime for Joule Studio; and Parloa, bringing AI agents into SAP Service Cloud to handle customer interactions with full access to business data and service processes. Implementation partnerships include Palantir and Accenture, partnering on complex data migration scenarios, and Conduct for AI-powered cloud ERP migrations. Learn more in the SAP Sapphire 2026 Innovation News Guide.
Visit the SAP News Center. Get SAP news via LinkedIn and Bluesky.
About SAP
As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.
This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2025 Annual Report on Form 20-F.
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SAP said it was rolling out a new software suite bringing its data, cloud, artificial intelligence and automation features under one roof as the German group seeks to stay on top of a technology that cast doubt on the sustainability of the software industry.
SAP has unveiled its new "Autonomous Enterprise" platform at this year's SAP Sapphire conference, expanding its push into AI agents across business operations. SAP CEO Christian Klein joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
SAP has invested in and formed a partnership with artificial intelligence orchestration platform n8n to help enterprises scale agentic AI.
The strategic investment that n8n secured from SAP that values n8n at $5.2 billion, which is more than double the previous valuation of $2.5 billion that n8n achieved less than a year ago, n8n said in a Tuesday (May 12) press release.
PYMNTS reported in October 2025 that the Series C round that valued n8n at $2.5 billion also saw the company raise $180 million in new funding and receive backing from Nvidia’s investment arm.
The multi-year commercial partnership signed by SAP and n8n will see n8n’s workflow automation platform embedded natively within Joule Studio, which is SAP’s agent-building environment in SAP Business AI Platform, according to n8n’s press release.
This integration will give enterprise teams an automation canvas that supports no-code, low-code and pro-code developers; will be backed by SAP’s security and compliance capabilities; and will allow teams to connect SAP systems to more than 1,000 integrations with business tools, database platforms and AI models.
n8n is built for the agentic era, supports multi-agent orchestration, and enables enterprises’ agentic ecosystems to be compliant.
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The platform is already used by more than 1,400 enterprise customers and a community of 1.7 million monthly active developers and builders, per the release.
In a Tuesday blog post, n8n founder and CEO Jan Oberhauser wrote, “This partnership brings n8n into one of the largest enterprise ecosystems in the world. For SAP developers, it means a visual way to build and orchestrate AI workflows across their full tech stack. For our community, it means a native connection to one of the most trusted platforms in enterprise software.”
SAP CEO Christian Klein said in n8n’s press release: “To provide accurate and secure business outcomes at scale, agentic AI must be grounded in deep process knowledge, reliable data and enterprise-grade governance. By integrating n8n into Joule Studio, we’re accelerating SAP’s ability to help customers design, connect and scale agentic AI across their core business processes.”
In a Tuesday press release, SAP announced new strategic partnerships with n8n, Anthropic, Amazon Web Services, Google Cloud, Microsoft, Mistral AI, Cohere, Nvidia and Parloa.
The company also said in the release that SAP Business AI Platform is its new foundation for building and deploying enterprise AI that is grounded in real business context. The platform brings together SAP Business Technology Platform, SAP Business Data Cloud and SAP Business AI.
See More In: AI, B2B, B2B Payments, Investments, n8n, News, partnerships, PYMNTS News, SAP, What's Hot, What's Hot In B2B
SAP has launched a program to help businesses integrate artificial intelligence (AI) agents into their operations.
The German software giant’s “Autonomous Enterprise” initiative, announced Tuesday (May 12), focuses on a new unified platform and specialized tools intended to automate end-to-end tasks across various corporate functions.
“For the mission-critical processes of our customers, ‘almost right’ just isn’t good enough,” Christian Klein, SAP’s chief executive, said in a news release. “By uniting SAP Business AI Platform with SAP Autonomous Suite, we anchor AI agents in the business processes, data and governance so they can deliver accurate, compliant and secure outcomes, unlocking new sources of revenue and meaningful cost savings.”
SAP Business AI Platform, the release added, unifies the company’s SAP Business Technology Platform, SAP Business Data Cloud and SAP Business AI into a “single, governed environment.” At its center is the SAP Knowledge Graph solution, which gives AI agents a “structured map of business entities, processes and relationships.”
In addition to the new product rollouts, SAP is also announcing a series of AI partnerships tied to its various tools, with companies that include Anthropic, Amazon Web Services and Nvidia.
SAP began this year by rolling out a series of agentic artificial intelligence enhancements for its retailer customers.
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“Retailers face a landscape where AI is no longer optional,” Balaji Balasubramanian, SAP’s chief product officer for customer experience and consumer industries, said at the time. “SAP provides one closed-loop, AI-enhanced retail operating system that ties planning, execution and engagement together. We put data and AI at the heart of retail, delivering speed, personalization and growth across every channel and segment.”
The company is launching these tools at a moment when “agentic artificial intelligence is moving from frontier technology to operational table stakes,” as PYMNTS wrote recently.
Agentic AI, that report said, marks a shift from tools that help shape decisions to systems that carry them out.
“For CFOs, this changes the calculus,” PYMNTS added. “The question is no longer whether artificial intelligence can improve finance operations, but whether it can do so within a framework of control and accountability.”
That’s where the “agentic AI harness” comes in. This term may sound technical, but its implications are chiefly operational. The harness isn’t the model itself, but the system that controls how models perform in the real world. It sets the parameters for what an AI agent can access, what it is permitted to do, how it is monitored and when it needs to defer to a human.
“For chief financial officers, understanding this layer is becoming as important as understanding internal controls or capital allocation,” the report added.
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, /PRNewswire/ -- SAP SE (NYSE : SAP), leader mondial des logiciels d'application d'entreprise, et Cyberwave, société de logiciels de robotique IA, ont annoncé aujourd'hui le déploiement réussi de robots entièrement autonomes et alimentés par l'IA dans un entrepôt logistique actif de SAP. S'appuyant sur le développement stratégique des capacités d'IA physique de SAP annoncé l'année dernière, cette initiative marque une étape importante : SAP procède à la mise en œuvre de la robotique avancée dans ses propres installations.
Comment Cyberwave et SAP automatisent la logistique grâce à la robotique et à l'IA ? Le déploiement dans l'entrepôt SAP à St. Leon-Rot, en Allemagne (exploité sur SAP Logistics Management (LGM), solution d'exécution logistique Cloud de SAP) démontre que l'IA physique a dépassé le stade de la recherche. Elle apporte aujourd'hui des améliorations mesurables en termes de rendement, les robots effectuant des tâches de pliage de cartons, d'emballage et d'expédition de manière totalement autonome.
À propos de l'intégration
L'architecture allégée et privilégiant les API de SAP LGM (qui a attiré l'attention lors du salon LogiMAT 2026 pour sa mise en œuvre rapide et ses processus normalisés) constitue la base idéale pour l'automatisation robotique. Les tâches font l'objet de commandes robotiques précises par l'intermédiaire du service d'IA incarnée de SAP, ce qui permet une intégration de bout en bout via la plateforme SAP Business Technology Platform (BTP) et la plateforme Cyberwave en l'espace de quelques minutes.
« En intégrant la robotique alimentée par l'IA directement dans nos opérations d'entrepôt, nous prouvons que l'IA physique n'est plus un concept, mais qu'elle apporte une véritable valeur aujourd'hui. Dans notre entrepôt de Saint-Léon-Rot, SAP LGM constitue le socle numérique qui permet de déployer rapidement les robots, de les faire fonctionner de manière fiable et de les adapter à nos processus. Il s'agit d'une étape décisive vers des opérations logistiques plus résilientes et plus efficaces. » - Tim Kuebler, Responsable de l'entrepôt et de l'expédition, SAP
Difficultés liées à la robotique logistique et solutions apportées par Cyberwave
Les environnements logistiques comptent parmi les environnements plus difficiles pour la robotique. Les robots doivent manipuler des objets divers et de forme irrégulière, plier et emballer des cartons, déplacer des paquets, apposer des étiquettes et traiter des commandes d'expédition, ces tâches variant en permanence en termes d'objets, de disposition et de conditions. Les systèmes robotiques traditionnels nécessitent un codage manuel minutieux pour chaque variation de tâche et tombent souvent en panne au grès des évolutions des conditions réelles.
Cyberwave a développé la première plateforme spécialement conçue pour résoudre ce problème de bout en bout. Cyberwave permet aux opérateurs :
de collecter rapidement des données d'entraînement à l'aide d'interfaces de démonstration intuitives, en tenant compte de la variabilité des tâches dans les environnements d'entrepôt réels. d'affiner les modèles vision-langage-action (VLA) et les modèles d'apprentissage par renforcement (RL - Reinforcement Learning) sur ces données, en produisant des stratégies robotiques qui se généralisent en fonction des types d'objets, des orientations et des variations de flux de travail (et pas seulement en mémorisant des mouvements scénarisés). de déployer et d'exécuter ces modèles sur des robots physiques avec des boucles de retour d'information en temps réel qui permettent un affinement continu au fur et à mesure de l'évolution des conditions. Résultat : des robots capables d'effectuer des tâches à haute variabilité dans des environnements dynamiques. Alors que les systèmes conventionnels nécessitent des semaines d'ingénierie par tâche, avec Cyberwave, l'entraînement qui durait autrefois plusieurs semaines prend aujourd'hui quelques heures. Des opérateurs non experts peuvent apprendre de nouvelles tâches aux robots par de simples démonstrations, le système s'adaptant automatiquement aux objets, aux environnements et aux flux de travail.
« Le partenariat avec SAP sur le déploiement d'un entrepôt en conditions réelles est un moment décisif, non seulement pour Cyberwave, mais aussi pour ce que la robotique alimentée par l'IA peut réellement apporter à la logistique d'entreprise aujourd'hui. Cela est possible en combinant le socle numérique robuste de SAP LGM et la capacité de Cyberwave à recueillir des données d'entraînement réelles et à affiner les modèles VLA et RL qui se généralisent compte tenu de la variabilité dans n'importe quel entrepôt réel. Les robots n'ont plus besoin d'être minutieusement programmés pour chaque objet ou scénario : ils apprennent, s'adaptent et s'améliorent sans cesse. C'est le virage que nous avons entamé ». - Simone Di Somma, Cofondateur et PDG de Cyberwave
Résultats
Dans l'entrepôt SAP de St. Leon-Rot, des robots formés et déployés sur la plateforme Cyberwave procèdent désormais au pliage des cartons, à l'emballage et à l'expédition en interne de manière totalement autonome, libérant ainsi les travailleurs humains des tâches répétitives et physiquement exigeantes et augmentant le débit de l'entrepôt. L'ensemble de l'intégration, de l'entraînement des robots aux opérations en direct, a été réalisé à l'aide de SAP BTP et de la plateforme Cyberwave.
SAP continue de faire progresser ses capacités d'IA incarnée, apportant de la valeur à ses clients tout en optimisant ses propres opérations en tant que mise en œuvre de référence.
À propos de SAP La stratégie de SAP est d'aider chaque organisation à fonctionner en entreprise intelligente et durable. En tant que leader du marché des logiciels d'application d'entreprise, SAP aide les entreprises de toutes tailles et de tous secteurs à opérer au mieux. Pour plus d'informations, consultez le site www.sap.com.
À propos de Cyberwave Cyberwave est une société de logiciels de robotique IA qui développe une plateforme permettant d'entraîner, d'affiner et de déployer rapidement et facilement des robots capables d'effectuer des tâches à haute variabilité dans des environnements réels. En associant des outils de collecte de données intuitifs à un entraînement de pointe reposant sur les modèles VLA et RL, Cyberwave permet aux organisations de déployer des robots opérationnels et adaptatifs sans expertise approfondie en robotique. Pour plus d'informations, consultez le site www.cyberwave.com .
Photo - https://mma.prnewswire.com/media/2976635/Cyberwave_SAP.jpg
Logo - https://mma.prnewswire.com/media/2976634/Cyberwave_Logo.jpg
Sources :
https://www.igz.com/en/newsroom/news/news-2026/logimat-2026-review/ https://news.sap.com/2025/11/sap-physical-ai-partnerships-new-robotics-pilots/ Relations avec les médias : Vittorio Banfi, [email protected]
Item 1 of 3 National flags of China and the United States flutter on a road, ahead of the U.S. President Donald Trump's state visit to China, in Beijing, China, May 13, 2026. REUTERS/Tingshu Wang
[1/3]National flags of China and the United States flutter on a road, ahead of the U.S. President Donald Trump's state visit to China, in Beijing, China, May 13, 2026. REUTERS/Tingshu Wang Purchase Licensing Rights, opens new tab
SummaryCompaniesAnthropic's Mythos model has intensified need for US-China AI talksTrump-Xi summit takes place amid heightened mistrust and US push for chip controlsBoth sides could discuss an AI hotline or guardrails for advanced models, analysts sayBEIJING, May 13 (Reuters) - U.S. President Donald Trump will put artificial intelligence at the forefront of talks this week with Chinese leader Xi Jinping, a first that highlights the technology's strategic heft but substantive commitments are unlikely, said two U.S. officials with knowledge of preparations.
Trump's Beijing visit unfolds as the U.S.-China AI rivalry intensifies into a contest some observers have compared to a Cold War-style nuclear arms race. Pressure to engage has grown after Claude maker Anthropic's launch of the powerful Mythos model, analysts say, raising the stakes for both sides.
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China was excluded from early access to a Mythos preview, raising concerns the technology could be exploited by bad actors to penetrate Chinese software and financial systems.
However, Nvidia (NVDA.O), opens new tab CEO Jensen Huang and top White House tech policy advisor Michael Kratsios are joining Trump's delegation, suggesting that more substantive conversations on AI and Nvidia's powerful H200 chips could be on the summit agenda.
China has also floated to the U.S. a formal mechanism for AI dialogue led by Treasury Secretary Scott Bessent and Chinese vice finance minister Liao Min, according to one source briefed on China's outreach. The Wall Street Journal first reported on the dialogue last week.
But expectations are low since both agencies do not specialise in AI and the Trump administration has only recently shifted towards pursuing safety vetting for advanced AI models.
AI CHANNEL OF COMMUNICATION NEEDED AS STAKES RISEWhite House officials acknowledged cutting-edge AI systems like Mythos made a "channel of communication" with China essential to avoid conflicts arising from their deployment.
Market intelligence firm IDC China warns that shutting Chinese companies out of Mythos risks deepening a "generational gap" in AI defence capabilities between China and the West.
Anthropic said last month Mythos had found "thousands" of major vulnerabilities in operating systems and other software, triggering a scramble by banks and governments worldwide to shore up their cybersecurity defences.
Washington has struck guardrails on advanced tech with Beijing before, on nuclear proliferation, and in 2024 both sides agreed that humans, not AI, must control nuclear-use decisions.
Now researchers warn the stakes are rising: advanced AI could accelerate bioweapons design, trigger financial shocks, supercharge cyber and disinformation campaigns, and even slip beyond human control to "rogue" systems acting on their own.
Both sides could set up a no-blame hotline to flag suspected AI-driven incidents, said Kwan Yee Ng, head of international AI governance at Beijing-based AI safety consultancy Concordia AI.
"Getting senior Western figures to engage directly with China (on AI) has become increasingly difficult, though a positive signal from the Xi-Trump summit could change that."
A military hotline already exists, but U.S. officials have complained that China has often not picked up.
Other analysts suggest establishing guardrails for frontier AI models or committing to reduce AI-enabled malicious activity, similar to the 2015 U.S.-China Cybersecurity Agreement.
"China likely hopes the U.S. will appropriately distinguish between AI governance and technological containment," said Sun Chenghao of Tsinghua University, who has participated in U.S.-China unofficial Track II AI talks.
COMMON GROUND PROVES ELUSIVEAmid growing rivalry in the AI race, U.S. lawmakers are pushing sweeping new limits on China's access to semiconductor supply chains, even as the Trump administration eases some curbs on advanced chip exports to China.
The MATCH Act has drawn protests from Beijing and could surface in summit discussions, in addition to existing U.S. chip export controls, said three sources familiar with the matter.
"This is a really crucial window for Beijing to act and try to get the U.S. to commit to shutting it down," said Reva Goujon, geopolitical strategist at Rhodium Group.
While Chinese AI firms like DeepSeek increasingly tout their reliance on domestic chips, U.S. curbs on chip equipment sales continue to choke Beijing's push for self-sufficiency just when domestic fabs are struggling to scale output. Computing power shortages have forced many Chinese AI models to ration user access in recent months.
Tensions are also escalating on another front: the White House has accused China of industrial-scale theft of U.S. AI labs' intellectual property.
In a pointed article last week, the Communist Party's flagship journal warned that Western AI measures have moved beyond targeted restrictions to what it called a "systematic ecosystem blockade" against China.
"When one side sees AI as a proliferation risk to be contained and the other sees containment as an attack on a general-purpose technology, that makes it really difficult to find common ground," said Ng.
Reporting by Laurie Chen; Additional reporting by Trevor Hunnicutt in Washington, Fanny Potkin and Ben Blanchard in Taipei; Editing by Miyoung Kim and Shri Navaratnam
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Laurie Chen is a China Correspondent at Reuters in Beijing, whose coverage focuses on the nexus of frontier technology, strategic emerging industries and geopolitics. She has reported on China for almost a decade, having previously covered China's government, defence, security and foreign policy. She has broken multiple global scoops on U.S.-China relations and the trade war 2.0, elite Chinese politics and diplomacy. She is particularly interested in Chinese frontier AI, tech and industrial policy, semiconductor supply chains, robotics, aerospace and grand strategy.
MONTRÉAL, May 14, 2026 (GLOBE NEWSWIRE) -- Saputo will release its fiscal 2026 fourth quarter and full-year financial results on Thursday, June 4, 2026. A press release will be issued after markets close, and a conference call is scheduled on Friday, June 5, 2026, at 8:30 a.m. (Eastern Time) to discuss the Company’s results. The speakers will be Mr. Carl Colizza, President and CEO, and Mr. Maxime Therrien, CFO and Secretary.
To participate:
Webcast: A live webcast of the event can be accessed using this link.
Presentation slides will be included in the webcast and can also be accessed in the “Investors” section of Saputo’s website (www.saputo.com), under “Calendar of Events”. Conference line: 1-800-715-9871; Conference ID: 5005277
Please dial in five minutes before the call. Replay of the conference call and webcast presentation
For those unable to join, the webcast presentation will be archived on Saputo’s website (www.saputo.com) in the “Investors” section, under “Calendar of Events”.
About Saputo
Saputo, one of the top ten dairy processors in the world, produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. Saputo is a leading cheese manufacturer and fluid milk and cream processor in Canada, and a leading dairy processor in Australia. In the USA, Saputo ranks among the top three cheese producers and is one of the top producers of extended shelf-life and cultured dairy products. In the United Kingdom, Saputo is the leading manufacturer of branded cheese and dairy spreads. Until completion of the previously announced divestiture, Saputo remains the leading dairy processor in Argentina. In addition to its dairy portfolio, Saputo produces, markets, and distributes a range of dairy alternative products. Saputo products are sold in several countries under market-leading brands, as well as private label brands. Saputo Inc. is a publicly traded company and its shares are listed on the Toronto Stock Exchange under the symbol “SAP”. Follow Saputo’s activities at Saputo.com or via Facebook, Instagram, and LinkedIn.
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