Track market-moving stories before they get noisy

23.10.2026 22:25

Zámořské akciové trhy zakončily dnešní obchodování v záporném teritoriu. Index Dow Jones klesl o 1,23 % na 52215,16 bodu, S&P 500 oslabil o 0,52 % na 7623,68 bodu a Nasdaq Composite odepsal 0,21 % na 25955,34 bodu. Hlavním důvodem nepříznivé nálady byl prudký růst cen ropy, který obnovil obavy z inflace před nadcházejícím zasedáním americké centrální banky.

Mezi sektory indexu S&P 500 nejvíce posílily energie o 2,5 %, informační technologie o 0,4 % a reality o 0,2 %. Naopak největší pokles zaznamenala nezbytná spotřeba se ztrátou 1,8 %, zbytná spotřeba klesla o 1,4 % a komunikační služby odepsaly 1,4 %.

Nejsilnější akcie dne vedla společnost Crown Castle (CCI) s růstem o 9,1 %, následovaná Crowdstrike Holdings (CRWD) se ziskem 8,3 %, Palo Alto Networks (PANW) s přírůstkem 7,2 %, SLB (SLB) posilující o 7,1 % a Halliburton (HAL) s růstem o 5,2 %. Na straně poražených skončila firma Bloom Energy Corp (BE) se propadem o 11 %, Comfort Systems USA (FIX) odepsala 9,3 %, Globe Life (GL) klesla o 8,1 %, AT&T (T) ztratila 8,0 % a T-Mobile US (TMUS) oslabil o 7,7 %. Z firemních zpráv zaujala společnost SpaceX jednající o rozšíření sítě vysílačů, Apple Inc. (AAPL) díky rychlému vyprodání zásob nového skládacího modelu iPhone Duo nebo American Express Co. (AXP), která oznámila propuštění 5 % zaměstnanců.

Vyšší ceny ropy posloužily jako tlak na dluhopisový trh, což zvedlo výnos desetiletých amerických vládních dluhopisů o pět bazických bodů na 5,00 %. Ropa WTI podražila o 4,2 % na 103,63 USD za barel a severomořský Brent uzavřel v blízkosti 117 USD za barel, zatímco zlato oslabilo o 0,6 % na 3999,56 USD za trojskou unci. Na devizovém trhu euro kleslo vůči dolaru o 0,2 % na 1,1194 USD a britská libra odepsala 0,2 % na 1,3372 USD.

Index Dow Jones -1,23 % na 52215,16 b.
S&P 500 -0,52 % na 7623,68 b.
Nasdaq Composite -0,21 % na 25955,34 b.

Index S&P 500 -0,52 % na 7623,68 b.

Nejsilnější sektory S&P
Změna
Nejslabší sektory S&P
Změna

Energie
+2,5 %
Nezbytná spotřeba
-1,8 %

Informační technologie
+0,4 %
Zbytná spotřeba
-1,4 %

Reality
+0,2 %
Komunikační služby
-1,4 %

Nejsilnější akcie S&P
Změna
Nejslabší akcie S&P
Změna

Crown Castle (CCI)
+9,1 %
Bloom Energy Corp (BE)
-11 %

Crowdstrike Holdings (CRWD)
+8,3 %
Comfort Systems USA (FIX)
-9,3 %

Palo Alto Networks (PANW)
+7,2 %
Globe Life (GL)
-8,1 %

SLB (SLB)
+7,1 %
AT&T (T)
-8,0 %

Halliburton (HAL)
+5,2 %
T-Mobile US (TMUS)
-7,7 %

Daniel Marván
Fio banka, a.s.
Prohlášení

New York, New York--(Newsfile Corp. - October 23, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK's Sporting Goods, Inc. ("Dick's Sporting Goods" or the "Company") (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick's Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Dick's Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On September 8, 2025, the first day of the Class Period, Dick's Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. ("Foot Locker") for approximately $2.5 billion in cash and stock.

The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company's acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker's longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry.

The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick's Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts' estimates of $1.81 billion. Dick's Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker's proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year-down from Dick's prior forecast of 1.5% to 3% growth.

On this news, the price of Dick's Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/dicks-sporting-goods-inc-class-action-lawsuit-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320655

Source: Kaplan Fox & Kilsheimer LLP

Ready to Announce with Confidence?
Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Are Dividend-Paying Office REITs Finally Staging A Comeback?Kilroy Realty NYSE: KRC reported third-quarter leasing activity that management described as its strongest in years, driven by broad demand across its West Coast office and life science markets. The company signed approximately 815,000 square feet of new and renewal leases during the quarter, lifting year-to-date leasing volume to more than 1.75 million square feet, up nearly 44% from the first nine months of 2025.

Chief Executive Officer Angela Aman said all five of Kilroy’s regions recorded sequential leased-occupancy gains of more than 100 basis points. Leasing activity spanned 45 transactions and included tenants in technology, artificial intelligence, robotics, biotechnology, legal, financial and professional services.

Get Kilroy Realty alerts:

“This quarter’s re-leasing spreads were amongst the highest reported since before the pandemic,” Aman said. GAAP rental rates on comparable leases signed during the period increased 30.6%, while cash rents increased 9.7%. Excluding spaces vacant for more than 12 months, GAAP and cash re-leasing spreads were 37.9% and 13.9%, respectively.

Signed Pipeline Expands Kilroy ended the quarter with leased occupancy of 83%, up 150 basis points sequentially, while portfolio occupancy including Kilroy Oyster Point Phase 2 was 76.9%, down 10 basis points from the prior quarter. The gap between billed and leased occupancy stood at 610 basis points.

The company’s signed-but-not-commenced pipeline grew to more than 1.4 million square feet, representing approximately $101 million of annualized base rent. The average annualized base rent for the pipeline was nearly $72 per square foot, about 22% above Kilroy’s current portfolio average, according to Aman.

Additionally, 78% of the signed-but-not-commenced pool consists of triple-net leases, compared with 54% of the existing portfolio. Management said the higher proportion of triple-net structures should support net operating income as leases begin.

Executive Vice President, Chief Investment Officer and Interim Chief Financial Officer Eliott Trencher said leases representing $48 million of annualized base rent in the signed-but-not-occupied pipeline are expected to commence between the end of the third quarter and year-end 2027. That includes $14 million expected to start in the fourth quarter of 2026 and $34 million anticipated during 2027.

Management said its forward leasing pipeline increased 20% from the prior quarter and is largely weighted toward new deals rather than renewals. Aman said the pipeline is broadly distributed across the company’s markets, though San Francisco accounts for a larger share because of Kilroy’s square-footage concentration there.

Bay Area Demand and Key Leasing Deals San Francisco continued to lead Kilroy’s markets in completed deal volume and pipeline activity. Aman said shrinking availability of high-quality office space and growing demand from technology and AI tenants have accelerated discussions with tenants seeking early renewals.

Among the quarter’s largest deals, Kilroy signed a 12-year, 243,000-square-foot renewal with Box at Crossing 900 in downtown Redwood City. The company did not disclose individual lease economics, but Aman called them “highly compelling.”

Kilroy also signed a 65,000-square-foot lease with oceanic robotics company Ulysses at Oyster Point Tech in South San Francisco, in space previously leased to 23andMe. In Menlo Park, the company executed a 49,000-square-foot full-building lease with a life science company at 4400 Bohannon within its Menlo Corporate Center campus.

Rob Paratte, Kilroy’s executive vice president and chief leasing officer, said San Francisco’s constrained supply is pushing some users to consider locations farther south, including Oyster Point, the North Peninsula and Silicon Valley. He said approximately 500,000 square feet of AI and robotics-related demand was seeking space in San Francisco, while broader AI demand was higher.

Paratte added that there were 31 active requirements above 100,000 square feet in San Francisco, including 21 from AI companies that he characterized as institutional quality. He said asking rents in San Francisco had increased 7% from the prior quarter.

Activity Across Other Markets In Seattle, leased occupancy increased 220 basis points sequentially. Kilroy signed a 28,000-square-foot lease at West Eighth with international law firm Morrison Foerster.

In San Diego, Kilroy relocated law firm Greenberg Traurig from One Paseo to Kilroy Center Del Mar, allowing the firm to double its footprint. The company concurrently completed a new direct lease and expansion with an existing One Paseo subtenant. Kilroy signed four new leases totaling roughly 70,000 square feet at Kilroy Center Del Mar, with blended GAAP and cash re-leasing spreads of 38% and 12%, respectively.

In Los Angeles, management said conditions remained submarket dependent. Kilroy reported broad demand in Beverly Hills and Culver City, where it signed two leases at Blackwelder with technology and fintech tenants. The South Bay remained slower, though management cited early signs of demand from defense, aerospace and advanced manufacturing users.

Indeed Tower in Austin surpassed 90% leased following a lease with a media company. Management said Austin continues to absorb recently delivered supply, but tenant demand remains healthy.

Financial Results, Guidance and Capital Plans Kilroy reported funds from operations of $0.88 per diluted share for the third quarter, including approximately $0.01 per share of settlement and restoration fee income. Cash same-property net operating income declined 1.5%, with lower settlements, restoration fees and real estate tax refunds creating a 170-basis-point negative effect on same-property growth.

The company raised its full-year FFO guidance range to $3.55 to $3.59 per share, from a prior midpoint that was $0.01 lower. The updated outlook includes higher expected same-property NOI, improved development NOI and lower net interest expense, partly offset by lower anticipated lease termination fees, higher general and administrative expenses, and lower non-cash adjustments.

Trencher said Kilroy repaid $200 million of private-placement notes in July using cash on hand. The company has approximately $395 million of debt maturities over the next nine months, carrying a weighted average effective interest rate of about 3.8%, and more than $1.2 billion of unused capacity between its credit facility and term loan.

On dispositions, Kilroy announced a pending $19.5 million sale of its East Village land site in downtown San Diego to a residential developer. The company has $185 million of land sales under contract and expects transactions to begin closing late in 2026. Management said proceeds could be directed toward acquisitions, substantially pre-leased developments, debt reduction or stock repurchases.

Management also expects its Flower Mart development-agreement amendment process with San Francisco to conclude in January 2027. At that point, Kilroy expects to stop capitalizing costs on the project, which Trencher said would create an annualized impact of approximately $37 million, including $32 million of interest expense and $5 million of operating expenses and taxes.

About Kilroy Realty (NYSE:KRC)Kilroy Realty Corporation NYSE: KRC is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is primarily designed for businesses in technology, life science, entertainment, media and other knowledge-based industries.

The company's properties are concentrated in major innovation and employment centers on the U.S. West Coast, including the San Francisco Bay Area, Los Angeles, San Diego and Seattle. Kilroy has also developed and operated mixed-use projects that combine office space with retail, residential and public amenities.

Founded in 1947, Kilroy Realty has developed into a prominent owner and operator of commercial real estate in coastal U.S.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Kilroy Realty Right Now?Before you consider Kilroy Realty, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kilroy Realty wasn't on the list.

While Kilroy Realty currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming. Learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Kinsale Capital Group, Inc. ( KNSL ) Q3 2026 Earnings Call October 23, 2026 9:00 AM EDT Company Participants Michael Kehoe - Chairman of the Board, CEO & President Christopher Tangard - Senior VP & Chief Accounting Officer Stuart Winston - Executive VP & Chief Underwriting Officer Salmaan Allibhai - Senior VP & Chief Actuary Conference Call Participants Hristian Getsov - Wells Fargo Securities, LLC, Research Division Andrew Kligerman - TD Cowen, Research Division Pablo Singzon - JPMorgan Chase & Co, Research Division Michael Phillips - Oppenheimer & Co. Inc., Research Division Andrew Andersen - Jefferies LLC, Research Division Mark Hughes - Truist Securities, Inc., Research Division Jian Huang - Morgan Stanley, Research Division Ryan Tunis - Cantor Fitzgerald & Co., Research Division Rowland Mayor - RBC Capital Markets, Research Division Michael Zaremski - BMO Capital Markets Equity Research Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Third Quarter 2026 Kinsale Capital Group, Inc. Earnings Call.

WSFS Financial NASDAQ: WSFS reported third-quarter 2026 core earnings per share of $1.75, with core return on assets of 1.58% and core return on tangible common equity of 20.7%, Chief Financial Officer David Burg said during the company’s earnings call. Each measure increased from the prior quarter.

Core pre-provision net revenue rose 15% from a year earlier, while core net income increased 14% and core EPS grew 25%, according to Burg. Net interest margin expanded 1 basis point sequentially to 3.88%, supported by loan growth and higher yields on investment securities, partly offset by a 4-basis-point increase in client deposit costs.

Get WSFS Financial alerts:

Deposit Costs and Margin Outlook
Burg said WSFS continues to encounter deposit-pricing pressure and expects its deposit beta to rise over time. The company exited the rate cycle with a cumulative interest-bearing deposit beta of 41% and recorded an 18% beta in connection with the September rate increase.

Management expects to exit 2026 with an up-cycle beta of 35% when incorporating the September increase and an assumed December rate increase. However, Burg told analysts that the normalized beta through the broader rate-increase cycle could be approximately 45% to 50%, consistent with the prior rising-rate cycle.

WSFS remains asset sensitive, Burg said, and he estimated that a 25-basis-point rate increase could add roughly 2 to 3 basis points to net interest margin. He added that heightened competition for deposits could reduce that benefit, making approximately 2 basis points a more appropriate expectation.

The company’s securities portfolio yield has risen to about 2.80% as WSFS reinvests principal and interest proceeds into higher-yielding securities. Management intends to keep the portfolio in the low-20% range as a percentage of assets rather than materially expand it. Burg estimated that reinvestment opportunities in securities and loans could provide roughly 4 to 5 basis points of annual net interest margin benefit.

Loan Growth Led by C&I and Home Lending
Gross loans increased 1% from the prior quarter, or 5% on an annualized basis. Excluding continued runoff in the Spring EQ portfolio, loans grew 2% sequentially and 7% year over year.

Commercial and industrial loans rose 1% sequentially and 9% from a year earlier. Burg said C&I funding moderated from elevated levels during the first half of the year but remains at a more normalized level, while client activity and the pipeline remain healthy.

Residential mortgage and home equity loans increased 6% sequentially and 24% year over year, despite the interest-rate environment. Burg said mortgage origination demand has been affected by rates above 7%, and WSFS does not expect the same pace of consumer real estate lending growth to continue. Still, he said the company believes its origination strategy remains differentiated and competitive.

Chairman, President and CEO Rodger Levenson said higher rates are making some commercial real estate projects harder to justify because of debt-service coverage requirements. However, he said the company has not seen a material impact in its review of commercial real estate loans maturing over the next 24 months. WSFS has been assessing those loans using a 7.5% coupon to identify potential stress, he said.

Levenson said the bank has not observed a meaningful change in C&I clients’ willingness to invest, although competition for C&I relationships remains substantial.

Deposits, Fee Revenue and Institutional Services
Client deposits declined 3% sequentially, primarily due to expected outflows of elevated transactional balances in institutional services and commercial banking at the end of the prior quarter. Average deposits increased slightly from the second quarter.

Average core deposits increased 10% year over year, while average non-interest-bearing deposits grew 20%. Non-interest-bearing balances represented 35% of total average deposits.

Burg said the company generally expects deposit growth and loan growth to track at mid-single-digit rates over time. Deposit growth has outpaced lending over the past year, aided by institutional services and commercial banking, but management expects that difference to normalize.

Core fee revenue declined 1% from the prior quarter but rose 3% year over year. Wealth and trust revenue grew 30% year over year and represented about 60% of total fee revenue. The business has produced double-digit year-over-year growth for eight consecutive quarters.

Corporate trust revenue increased 45% year over year.
Global capital markets revenue increased 48% year over year.
The Bryn Mawr Trust Company of Delaware increased 22% year over year.
Private wealth revenue rose 14% year over year, aided by higher assets under management.

Burg attributed institutional-services growth to new mandates and market-share gains. He said the securitization market has remained resilient across rate environments, although sustained higher rates could slow activity in some asset classes. Management’s longer-term goal is to grow wealth and trust revenue at a double-digit rate, though Burg said the quarter’s 30% growth rate should not be viewed as a sustained level.

Cash Connect fees declined from a year earlier due to 2025 interest-rate cuts and lower volumes, though the business generated a 15% profit margin. Burg said a 25-basis-point rate increase would raise both annualized Cash Connect fee revenue and expenses by roughly $2.5 million, producing several hundred thousand dollars of annual profitability pressure. The company is seeking to reduce non-interest-earning in-transit cash to mitigate the impact.

Expenses, Credit and Capital Returns
Core non-interest expenses declined 3% sequentially and were generally flat from a year earlier, helping reduce the efficiency ratio to 56.1%. Burg said results benefited from roughly $2 million to $3 million in favorable nonrecurring items, including lower medical expense after elevated costs in the second quarter. Management said it intends to continue lowering the efficiency ratio gradually while maintaining investments in the franchise.

Asset-quality metrics were largely stable, and WSFS recorded a net recovery for the second time in 2026. Year-to-date net charge-offs totaled 3 basis points of average gross loans. Delinquencies fell 3% sequentially and 11% from a year earlier to their lowest level in two years.

Problem assets increased $57.5 million, or 12% sequentially, reflecting several downgrades in multifamily, construction and C&I loans. They remained down 16% from a year earlier. Nonperforming assets were generally unchanged as an increase tied to a student-housing-related loan was offset by other payoffs. The company recorded an $8 million specific reserve associated with that loan.

WSFS returned $70 million of capital to shareholders during the quarter, including $60 million through share repurchases. The company has repurchased 5.6% of shares outstanding year to date and returned more than 90% of net income to shareholders.

Burg said WSFS remains focused on reaching a 12% medium-term capital target but reduced the pace of buybacks because of interest-rate volatility and its tangible common equity ratio. The company returned about 80% of net income to shareholders in the third quarter, compared with about 100% in prior quarters, and may maintain a similar pace in the coming quarter.

About WSFS Financial (NASDAQ:WSFS)WSFS Financial Corporation is the financial holding company for WSFS Bank, a full-service community banking institution headquartered in Wilmington, Delaware. Founded in 1832, WSFS is one of the oldest and largest locally managed banks in the Delaware Valley.

WSFS Bank provides a range of banking services for individuals, families, businesses and institutions. Its offerings include checking and savings accounts, consumer lending, residential mortgages, commercial loans, treasury and cash-management services, and online and mobile banking.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in WSFS Financial Right Now?Before you consider WSFS Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WSFS Financial wasn't on the list.

While WSFS Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

On its third quarter of 2026 earnings call, held on Oct. 23, 2026, Balchem (BCPC +2.21%) announced record quarterly consolidated sales of $291 million. The company continues to expand profit margins by shifting toward high-value nutrient technologies. Consistent cash generation supports reinvestment in innovation while keeping debt low. Three takeaways from the call stand out.

1. Clinical Trials Expand Specialty Ingredients Into Adult HealthBalchem is expanding its science-backed ingredients, including VitaCholine brand choline and K2VITAL DELTA brand vitamin K2, from infant nutrition into adult cognitive and cardiovascular markets. Clinical validation builds pricing power and customer trust in high-margin specialty markets.

The findings provide encouraging new evidence that may support the role of VitaCholine in lifelong brain health and further strengthen the scientific foundation of choline in healthy aging and cognition.
-- Theodore L. Harris, Chairman, President, and Chief Executive Officer2. Proprietary Tech Drives Adoption in Animal NutritionFarmer adoption of encapsulated nutrient technology improves herd efficiency and protects sales from broader market swings. International expansion and new product launches further extend this advantage.

Market penetration is still one where even if the market were not to grow, we can still drive growth through penetration and adoption of our technologies
-- Carl Martin Bengtsson, Chief Financial Officer3. High-Margin Product Mix Fuels Segment ProfitabilityFaster sales growth in premium human and animal nutrients relative to standard products creates a natural margin boost. Passing through higher input costs protects cash flow while product mix expands profitability.

So there are tailwinds within both of those segments. And, obviously, with our specialty products segment having grown nicely, being very high margin as well for us as a business, it just supports a nice tailwind for us.
-- Carl Martin Bengtsson, Chief Financial OfficerLooking AheadFourth-quarter operations face typical seasonal slowdowns, but demand trends stay intact. Proprietary technology and a credit facility position Balchem to expand capacity, while leadership prioritizes supply chain security.

As we look ahead to the fourth quarter, we are optimistic about the outlook.
-- Carl Martin Bengtsson, Chief Financial OfficerOrganic sales gains and steady capital allocation reinforce long-term stability across shifting economic cycles.

The third quarter marked our 29th consecutive quarter of year over year growth in adjusted EBITDA. That level of consistency across a wide range of market conditions reflects the strength of our unique portfolio, the resilience of our business model, and the dedication of our team.
-- Theodore L. Harris, Chairman, President, and Chief Executive OfficerThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

NEW YORK, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against The Ensign Group, Inc. (“Ensign” or the “Company”) (NASDAQ: ENSG) on behalf of investors that purchased or otherwise acquired Ensign securities between February 10, 2022 and June 18, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in Ensign and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than December 7, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

A complaint has been filed against Ensign and certain executives alleging that Ensign’s business model depends on the systematic and widespread neglect of elderly people who live in its facilities, including those with needs for high levels of care, that Ensign uses self-reporting measures as a way to cover up its systematic neglect of patients, defrauds Medicaid and Medicare, and has engaged in an illegal scheme, including the falsification of records.

According to the complaint, the truth began to emerge on June 8, 2026, when Hunterbrook Media published a report entitled “Ensign: The Nursing Home Empire Built On Fatal Neglect.” The report alleges that “Ensign’s business model relies on delivering inadequate care to patients while gaming data on quality, according to Hunterbrook’s five-month investigation.” The report further alleges “[f]ormer employees in different states described systematic misrepresentations.”

Following this news, the price of Ensign stock fell $13.88 per share, or 8.15%, to close at $156.42 per share on June 8, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/the-ensign-group-ensg-class-action/

New York, New York--(Newsfile Corp. - October 23, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) on behalf of investors that purchased or otherwise acquired AppLovin securities between February 12, 2026 and August 5, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in AppLovin and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 16, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that "(i) the generative AI video creative feature for the Company's AppLovin Ads platform was subject to significant development delays, making its release on the Company's timeline unlikely," and "(ii) Defendants overstated the constancy with which AppLovin was improving its AI models."

According to the complaint, the truth began to emerge on July 13, 2026, when a Bank of America Securities analyst published a note raising concerns over the rollout of AppLovin Ads to all advertisers. Following publication of the note, AppLovin's stock price fell $64.13 per share, or 12.65%, on July 13, 2026. Then, on August 5, 2026, according to the complaint, AppLovin reported revenue below consensus estimates and also revealed that its generative AI video tool was "still [a] work in progress." On this news, AppLovin's stock price fell $82.13 per share, or 19.66%, on August 6, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/applovin-nasdaq-app-class-action-lawsuit-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320657

Source: Kaplan Fox & Kilsheimer LLP

Ready to Announce with Confidence?
Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

First Hawaiian, Inc. ( FHB ) Q3 2026 Earnings Call October 23, 2026 1:00 PM EDT Company Participants Kevin Haseyama - Strategic Planning & Investor Relations Manager Robert Harrison - Chairman of the Board, President & CEO James Moses - Vice Chairman of Finance Group & CFO Lea Nakamura - Executive VP & Chief Risk Officer of Risk Management Group Conference Call Participants Andrew Terrell - Stephens Inc., Research Division David Feaster - Raymond James & Associates, Inc., Research Division Anthony Elian - JPMorgan Chase & Co, Research Division Matthew Clark - Piper Sandler & Co., Research Division Sun Young Lee - TD Cowen, Research Division Andrew Liesch - StoneX Financial, Inc., Research Division Meghan Lynch - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Thank you for standing by, and welcome to the First Hawaiian, Inc. Third Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, today's program is being recorded.

Bloom Energy (BE -11.14%) delivered another blowout quarter, smashing estimates and growing profits faster than sales. Yet, its stock plunged after earnings and was down more than 12% as of Friday noon.

The company sells solid-oxide fuel cell servers that turn natural gas into electricity right at a customer's site. Artificial intelligence (AI) data centers desperately need that because the existing grid needs years to build additional capacity.

Bloom Energy can bypass the grid and swiftly deliver clean, reliable, 24/7 power to hyperscalers and data center operators. It delivered a complete fuel-cell system to Oracle (ORCL +0.41%) in 55 days last year. The tech giant was so impressed that it expanded its partnership for up to 2.8 gigawatts (GW) earlier this year.

So, what is happening with Bloom Energy stock? Why is it dropping like a rock – down 30% in one month, as of this writing?

Image source: Getty Images.

A bumper quarter and 2027 outlookRevenue soared 138% year over year to a record $1.2 billion in the third quarter. Product sales, the fuel cell systems Bloom Energy ships to customers, topped $1 billion in sales in a single quarter for the first time.

Profit grew even faster. Adjusted operating margin jumped to 23.1% from 8.9% as revenue more than doubled while operating expenses rose only 26%. CFO Simon Edwards added that operating income in this single quarter surpassed what Bloom earned in all of 2025.

Then management raised its full-year revenue outlook for the third time this year. It now expects 2026 revenue of $4.5 billion, or about 122% growth.

Here's the kicker: Earlier in the year, Bloom Energy was guiding for a "humble" 60% revenue growth for the year. It has more than doubled its trajectory in just a couple of quarters.

So what's hurting the stock? The only metric I could find that may have miffed investors is cash burn. Bloom Energy posted negative free cash flow of $181 million in Q3.

$193.52-$24.25 (-11.14%)

NYSE · As of 3:48 PM ET 10/23/26

Should investors worry? Hardly, because context is everything.

Is Bloom Energy stock a buy?Demand is exploding, so Bloom Energy spent $153 million last quarter to scale up capacity as fast as possible. Data centers are built in phases, and Bloom is ready with its servers at each phase so operators don't have to wait.

That speed is everything for data centers.

Any data center would go after that. At a recent conference, Nvidia's (NVDA -0.35%) CEO Jensen Huang explained how a 1 GW facility costs $50 billion, and just a three-month delay in building that one center could mean $10 billion in lost revenue.

Whether it's a 150-kilowatt system for a retail store or a massive 1 GW deployment, Bloom Energy has the capacity. That's precisely why global asset management giant Brookfield Asset Management (BAM -1.19%) recently expanded its financing deal with Bloom Energy from $5 billion to an eye-popping $25 billion.

Management says backlog is growing even faster than revenue. Do the math: we already know by now how rapidly revenue is growing.

I expect Bloom Energy to hit it out of the park next quarter when management discloses the backlog number and issues 2027 guidance. Because, as CEO K.R. Sridhar puts it, the company is providing "power where it is needed, when it is needed, clean and always on."

Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bloom Energy, Brookfield Asset Management, Nvidia, and Oracle. The Motley Fool has a disclosure policy.

Artificial intelligence (AI) stocks are garnering significant attention from Wall Street, and for good reasons. The technology is changing the world and significantly increasing the profits of some AI-focused companies. They could make their shareholders much richer over the long run.

However, there are plenty of attractive growth stocks outside the AI industry that investors might want to consider. Let's discuss two of them: Axsome Therapeutics (AXSM -6.12%), and Eli Lilly (LLY -2.92%). Both healthcare stocks could deliver solid returns over the next 10 years. Let me explain.

Image source: The Motley Fool.

1. Axsome TherapeuticsAxsome Therapeutics is a biotech company specializing in developing medicines for conditions affecting the central nervous system. The company isn't profitable yet, but its sales are growing at a good clip.

In the second quarter, Axsome Therapeutics' revenue increased by 46% year over year to $218.4 million. The company's net loss per share widened slightly, going from $0.97 in the year-ago period to $0.99.

AXSM Axsome Therapeutics$146.52-$9.55 (-6.12%)

NASDAQ · As of 3:42 PM ET 10/23/26

However, there are good reasons to be bullish on Axsome Therapeutics' prospects. The company's Auvelity, which is approved to treat depression, is doing much of the heavy lifting right now. In April, it earned approval to treat agitation in Alzheimer's disease (AD), a market with high unmet needs and few treatment options.

This label expansion should significantly boost the medicine's sales over the long run, especially given that the world's population is aging, the prevalence of AD is predicted to increase, and Auvelity won't face generic competition in the U.S. until the late 2030s. But Auvelity is just one of several promising products in Axsome Therapeutics' arsenal.

The company's late-stage pipeline looks particularly promising, with several Phase 3 programs and one medicine, AXS-12, that has already succeeded in Phase 3 studies. Axsome Therapeutics requested approval for AXS-12 in narcolepsy, with a decision expected by May of next year. The company also has several earlier-stage programs.

Axsome's deep pipeline of products, most of which won't lose patent exclusivity over the next 10 years, could allow the company to sustain healthy top-line growth, turn a profit, and deliver attractive returns through 2036.

2. Eli LillyEli Lilly is currently dominating the market for weight loss drugs, while its diabetes portfolio is as strong as ever. The company's Mounjaro for diabetes and Zepbound for chronic weight management are helping it post outstanding sales and earnings growth for a pharmaceutical giant of this size.

In the second quarter, Eli Lilly's revenue increased by 48% year over year to $23 billion, while its non-GAAP net earnings per share jumped 33% year over year to $8.38. Zepbound's revenue jumped 46% year over year to $4.9 billion, while Mounjaro's sales were $9.9 billion, 91% higher than the prior-year quarter.

Eli Lilly will face increased competition in its core area over the medium term, but the company is well-positioned to handle that problem. Eli Lilly has an attractive pipeline with highly differentiated products that could help it expand the market, rather than just cannibalize sales of its current best-selling drugs.

LLY Eli Lilly$1,268.60-$38.09 (-2.92%)

NYSE · As of 3:44 PM ET 10/23/26

For instance, the company's retatrutide has performed extremely well in several Phase 3 studies in obesity -- and across obesity-related conditions -- and could be targeted to patients who have failed to lose significant weight on currently approved treatments. It is also being developed in some indications Zepbound won't touch. Eli Lilly's eloralintide is another promising weight loss product with the potential for fewer side effects.

Beyond diabetes and weight loss, Eli Lilly boasts attractive candidates across oncology, immunology, neuroscience, pain treatments, and other areas. There is a reason Eli Lilly has become the largest healthcare stock by market cap.

Over the next decade, the company could solidify its lead in its core markets while making significant progress elsewhere, potentially diversifying its portfolio. That will help it overcome increased competition in the diabetes and weight-loss markets. Here's one more reason to invest in Eli Lilly for the long haul: It is an excellent dividend growth stock.

The company's forward yield isn't that impressive at 0.5%, but that's largely because the company has crushed broader equities over the past five years. And during that period, it increased its dividend by 103.5%.

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.

That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.

However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.

Comfort Systems (FIX - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

Here are three of the most important factors that make the stock of this heating, ventilation and air conditioning company a great growth pick right now.

Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Comfort Systems is 66.5%, investors should actually focus on the projected growth. The company's EPS is expected to grow 67.4% this year, crushing the industry average, which calls for EPS growth of 10.8%.

Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.

Right now, year-over-year cash flow growth for Comfort Systems is 74.3%, which is higher than many of its peers. In fact, the rate compares to the industry average of -0.2%.

While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 42.5% over the past 3-5 years versus the industry average of 14.3%.

Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

The current-year earnings estimates for Comfort Systems have been revising upward. The Zacks Consensus Estimate for the current year has surged 1.3% over the past month.

Bottom LineComfort Systems has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.

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

This combination indicates that Comfort Systems is a potential outperformer and a solid choice for growth investors.

Shares of Comfort Systems (FIX -9.48%) fell as much as 13.2% on Friday, before recovering to an 8.9% decline at 3:10 p.m. EDT.

Comfort Systems reported earnings last night, handily beating revenue and earnings estimates. However, the company also announced that one of the company's founders and longtime Chief Financial Officer, Bill George, will retire at the end of the year.

During this earnings season, even good results are leading to stock declines for most companies levered to the AI build-out. Therefore, the retirement announcement, combined with a "sell the news" mentality, appears to be the cause of today's sell-off.

FIX Comfort Systems USA$1,158.11-$121.26 (-9.48%)

NYSE · As of 3:39 PM ET 10/23/26

Comfort Systems continues to thriveComfort Systems has been a massive winner due to the AI data center build-out, given its expertise in the cooling, plumbing, ventilation, and electrical systems that AI data centers require.

Third-quarter results continued that trend, with revenue growing a whopping 53.7% and earnings per share growing an even higher 68.6% to $13.91. Both figures beat analyst expectations by a fair amount.

Not only were current results terrific, but the company's backlog grew to $17.8 billion from $14.1 billion just three months prior. That's a 26.2% quarter-over-quarter growth rate in the backlog, which would amount to a 153.7% annualized rate.

This makes Comfort Systems' sell-off all the more confusing today. However, there have been many similar sell-offs this week in AI stocks, with blockbuster earnings often met with selling pressure. It appears some investors may be anticipating the end of the AI build-out next year, even as tech executives say the opposite.

Image source: Getty Images.

Comfort Systems is reasonably priced nowComfort Systems is now about 38% off its all-time high set back in June, while shares trade at 19.4 times the average 2027 analyst earnings estimate.

That's a very reasonable valuation for Comfort Systems if the AI build-out continues beyond 2027. However, doubts over that prospect, along with the CFO's retirement announcement, appear to be dominating sentiment today.

Robert Half's results point to improving staffing demand, while compliance consulting offers another source of growth.

On its Q3 2026 earnings conference call, held on Oct. 22, 2026, Pool Corp (POOL +0.41%) reported net sales grew 4% to $1.5 billion despite persistent sluggishness in new housing and pool construction. For long-term investors, the distributor's ability to drive top-line expansion without relying on macroeconomic recovery demonstrates the durability of its maintenance-driven business model.

Three key takeaways from management explain how the company is positioning itself for sustained compounding.

1. Scale Wins Locally Through Empowered Sales CentersPool is reshaping its commercial structure by establishing centralized support tools that give local branch managers greater authority to win regional market share.

We are implementing centers of excellence to put more POOLCORP scale behind our sales centers. Providing better information, better tools, and more authority for the people closest to the customer. That is how scale wins in local markets.
-- John Watwood, President and Chief Executive Officer2. Targeted Price Actions Offset Mounting Inbound Freight CostsHigher shipping expenses compressed gross margins during the quarter, but targeted price increases on freight-heavy products are already recovering margin dollars.

We have increased prices on freight intensive products, including building materials in August to offset rising costs. Those increases are holding and have begun to recover some of the higher freight costs.
-- John Watwood, President and Chief Executive Officer3. Working Capital Discipline Drives High Cash ConversionDisciplined inventory management enabled Pool to generate exceptional cash flow during its peak selling season while maintaining comfortably low debt leverage.

Net cash from operations was $420 million year to date, up 47% from $286 million last year and equal to 115% of net income.
-- Melanie Housey Hart, Senior Vice President and Chief Financial Officer$198.02+$0.81 (+0.41%)

NASDAQ · As of 3:33 PM ET 10/23/26

Looking AheadEnd-market demand remains steady because pool maintenance is nondiscretionary, providing a floor while new pool construction lags.

Our maintenance-driven recurring revenue base provides resilience, and we see opportunities to grow share with our customers.
-- John Watwood, President and Chief Executive OfficerNetwork density, supply chain scale, and private-label expansion give Pool clear levers to restore operating leverage even if market volumes stay flat.

When we put more of that scale behind our people, closest to the customer, we win in local markets.
-- John Watwood, President and Chief Executive OfficerThe Motley Fool has positions in and recommends Pool. The Motley Fool has a disclosure policy.

The $25k Day Trading Barrier is Gone. It's Time to Put Your Capital to Work.

For years, the PDT rule put a major roadblock in front of active traders. The barrier is no longer standing in the way.

But having more freedom doesn't mean every trade is worth taking. 

With Dynamite Day Trading Signals, you'll receive up to 2 options trade alerts per week, each targeting 50%+ gains in a single session.

NO holding positions overnight.

NO waiting weeks for a trade to develop.

Just focused options trades designed to capitalize on opportunities as they emerge.

👉 Get Access to Dynamite Day Trading Signals

New York, New York--(Newsfile Corp. - October 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Azenta, Inc. (NASDAQ: AZTA) resulting from allegations that Azenta may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Azenta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

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

WHAT IS THIS ABOUT: On August 24, 2026, Azenta filed with the SEC a current report on Form 8-K which stated that on "August 22, 2026, John P. Marotta resigned as President and Chief Executive Officer of Azenta, Inc. (the "Company") and as a member of the Company's Board of Directors (the "Board"), effective as of August 22, 2026 (the "Effective Date")."

On this news, Azenta's stock fell 12% on August 24, 2026.

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320427

Source: The Rosen Law Firm PA

Ready to Announce with Confidence?
Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

NEW YORK, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Fluence Energy, Inc (NASDAQ: FLNC) and certain of its officers.

"Our practice focuses on restoring investor capital and ensuring corporate accountability to uphold market integrity," said Peretz Bronstein.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Fluence Energy securities between November 24, 2025 and September 16, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/cases/fluence-energy-inc-flnc-class_action_lawsuit.

Fluence Energy Case Details

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that:

(1) Fluence Energy’s ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the guidance assumed;(2) the corrective measures Fluence Energy had implemented to address production problems at its contract manufacturers were not remediating those problems, which persisted and extended to Fluence Energy’s new facilities;(3) as a result, a material portion of the backlog that defendants represented as “securing” or “covering” Fluence Energy’s fiscal 2026 revenue guidance were likely to be delivered and recognized in fiscal 2026; and(4) as a result of the foregoing, defendants’ positive statements about Fluence Energy’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. What's Next for Fluence Energy Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/cases/fluence-energy-inc-flnc-class_action_lawsuit. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Fluence Energy you have until November 30, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Fluence Energy Investors

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

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

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

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

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

-

SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces that purchasers of Duolingo, Inc. (NASDAQ: DUOL) Class A common stock between May 2, 2025 and February 26, 2026, both dates inclusive (the “Class Period”), have until December 7, 2026 to seek appointment as lead plaintiff of the Duolingo class action lawsuit. Captioned City of Dearborn Heights Act 345 Police & Fire Retirement System v. Duolingo, Inc., No. 26-cv-02199 (W.D. Pa.), the Duolingo class action lawsuit charges Duolingo as well as certain of Duolingo’s current and former executive officers with violations of the Securities Exchange Act of 1934.

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

https://www.rgrdlaw.com/cases-duolingo-inc-class-action-lawsuit-duol.html

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

CASE ALLEGATIONS: Duolingo is a leading, U.S.-based mobile learning platform that primarily focuses on language learning.

The Duolingo class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (i) Daily Active User (“DAU”) growth rates were being leveraged against deliberately added user friction in the form of significant increases in ad volume, subscription tier upsells, and worsened product quality, and defendants understood that any amount of user friction would cause users to leave the app and, ultimately, negatively impact DAU growth rates; (ii) Duolingo’s rigorous A/B testing demonstrated to defendants that increased friction in the free user experience was having negative impacts on DAU growth rates; (iii) Duolingo’s quickly generated AI content was worsening the quality of Duolingo’s product offerings, negatively impacting the user experience and user trends, and threatening the sustainability of Duolingo’s financial performance; and (iv) far from driving sustained growth and strong user momentum through content and “product improvements” that “get improved retention,” Duolingo’s constant A/B testing informed Duolingo that its monetization push and lower-quality, rapidly generated AI content were degrading the Duolingo product experience and the value proposition of its subscription tiers.

On November 5, 2025, Duolingo reported its third quarter financial results, revealing another sequential decline in DAU growth to 36%, a substantial drop from 49% in first quarter 2025 and 40% during second quarter 2025. Defendants also revealed a reversal of Duolingo’s monetization push and stated that going forward, Duolingo would prioritize user growth over monetization and that Duolingo needed to invest more in “teaching better across all our subjects.” On this news, the price of Duolingo stock fell 25%.

Then, on January 12, 2026, Duolingo announced that its Chief Financial Officer, defendant Matthew Skaruppa, had resigned. Duolingo also provided limited, preliminary fourth quarter 2025 operating metrics, revealing DAU growth of only 30% – nearly six points of additional deceleration from third quarter 2025. In response, Duolingo stock fell another 8.5%.

Finally, on February 26, 2026, Duolingo announced its fourth quarter 2025 financial results, confirmed the slowdown in DAU growth, and revealed the financial consequences of its strategy shift were neither “small” nor “little”; rather, they would result in material negative impacts on 2026 bookings, DAU growth rates, revenue, and adjusted EBITDA. On this news, the price of Duolingo stock fell an additional 14%.

The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint by clicking here.

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

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

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

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

More News From Robbins Geller Rudman & Dowd LLP

Back to Newsroom

Key Takeaways Teradyne offers greater AI growth potential, supported by strong earnings surprises. TER's Semiconductor Test revenues surged 128% in Q2 2026 on robust AI demand. AMD's Data Center revenues jumped 107%, but supply constraints remain a concern. Teradyne (TER - Free Report) and Advanced Micro Devices (AMD - Free Report) are key suppliers of AI components in the semiconductor market. While TER supplies critical automated test equipment used to validate and ensure the performance of advanced AI chips, AMD designs high-performance CPUs and GPUs that power AI workloads in data centers and enterprise applications.

So, TER or AMD — Which of these AI Component Supplier Stocks has the greater upside potential? Let’s find out.

The Case for TER StockTeradyne is benefiting from robust demand for semiconductor testing solutions as artificial intelligence (AI) infrastructure investments accelerate. Rising demand from AI component suppliers, including GPU, CPU, high-bandwidth memory (HBM) and networking chip manufacturers, is driving growth across its Semiconductor Test business. Increasing chip complexity and advanced packaging requirements are creating additional testing opportunities.

In the second quarter of 2026, Teradyne’s Semiconductor Test revenues increased 128% year over year, supported by strong AI-related demand. Compute revenues surged nearly 600% year over year, while memory revenues reached $212 million, driven by robust demand for HBM, DRAM and NAND testing solutions. AI-driven revenues accounted for more than 60% of total sales, highlighting the company's increasing exposure to AI infrastructure investments.

Teradyne’s memory business is another key growth driver. Memory test revenues reached $212 million in the second quarter of 2026, supported by strong HBM and DRAM demand and recovering NAND investments. The company expects the memory testing market to expand more than 40% in 2026, creating additional revenue opportunities.

Teradyne expects the automated test equipment market to reach or exceed $20 billion by the end of the decade. Sustained AI infrastructure investments and expanding testing requirements also support Teradyne’s long-term growth prospects.

The Case for AMD StockAdvanced Micro Devices is benefiting from surging demand for AI infrastructure components, particularly EPYC server processors and Instinct accelerators. Growing investments in AI data centers, expanding hyperscaler deployments and increasing adoption of agentic AI are strengthening AMD’s growth prospects. The company is also gaining traction among leading cloud providers, including Microsoft, Amazon, Google and Oracle.

AMD’s Data Center revenues surged 107% year over year to $6.7 billion in the second quarter of 2026, accounting for 58% of total revenues. EPYC processor sales grew more than 70% year over year, supported by strong enterprise demand and cloud deployments. Instinct accelerator revenues more than doubled as adoption of MI350-series products expanded across AI labs, hyperscalers and cloud providers.

The company’s expanding AI partnerships are another growth catalyst. Its Helios rack-scale AI platform, which integrates MI450 GPUs, EPYC Venice CPUs and Pensando networking, is seeing stronger-than-expected customer demand. Multi-generation deployments with OpenAI and Meta, along with expanding collaborations with Anthropic and Microsoft, are expected to accelerate AI infrastructure revenues through 2027.

AMD expects server CPU revenues to grow more than 80% year over year in the second half of 2026 and more than 70% in 2027. Management anticipates Data Center revenues will more than double in 2027. However, tight server CPU supply, higher memory costs and the complexity of ramping Helios could constrain growth and profitability.

Price Performance and Valuation of TER and AMDOver the trailing 12 months, TER and AMD shares have rallied 114% and 100.8%, respectively. Teradyne’s robust and diversified portfolio to meet the rising demand for AI-driven technologies is contributing to its growth prospects continuously, driving top-line growth.

Despite AMD’s expanding portfolio, supply availability remains one of AMD’s biggest headwinds. Management said wafers, advanced process-node capacity, HBM, advanced packaging, substrates and several other components remain tight. The increasing contribution from data center AI accelerators and MI450 gross margins, which carry slightly below the company average, could also constrain margin expansion.

TER and AMD Stock Performance
Image Source: Zacks Investment Research

Valuation-wise, TER and AMD shares are currently overvalued, as suggested by a Value Score of D and F, respectively.

In terms of forward 12-month Price/Sales, TER shares are trading at 10.53X, lower than AMD’s 8.22X.

TER vs AMD Valuation
Image Source: Zacks Investment Research

How Do Earnings Estimates Compare for TER & AMD?The Zacks Consensus Estimate for TER’s 2026 earnings is currently pegged at $9.11 per share, which has remained unchanged over the past 30 days. This indicates a 130.05% year-over-year rise.

The Zacks Consensus Estimate for AMD’s 2026 earnings is currently pegged at $7.55 per share, which has remained unchanged over the past 30 days. This indicates an 81.06% year-over-year rise.

Teradyne’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 20.93%. Advanced Micro Devices’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 6.74%. However, TER’s average surprise is higher than that of Advanced Micro Devices.

ConclusionWhile both Teradyne and Advanced Micro Devices are well-positioned to benefit from the booming AI semiconductor market, Teradyne offers higher growth potential because of stronger earnings surprises and a more diversified, AI-focused portfolio.

AMD’s expanding portfolio and growing data center AI footprint are expected to improve its top-line growth. However, stiff competition and supply chain constraints remain a concern.

Currently, Teradyne sports a Zacks Rank #1 (Strong Buy), making the stock a stronger pick than Advanced Micro Devices, which has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.

MarketBeat’s Top-Rated Dividend Stocks for 2026Glacier Bancorp NYSE: GBCI reported record third-quarter net income of $105 million, surpassing $100 million in quarterly earnings for the first time, as the company benefited from continued net interest margin expansion, deposit growth and stable credit quality.

Net income rose 7% from the prior quarter and 54% from the year-earlier period. Diluted earnings per share were $0.80, up 7% sequentially and 40% year over year, while operating diluted EPS was $0.81.

Get Glacier Bancorp alerts:

President and CEO Randy Chesler said the quarter marked the company’s 11th consecutive period of net interest margin expansion. Tax-equivalent net interest margin reached 4.01%, increasing 11 basis points from the second quarter and 62 basis points from the third quarter of the prior year.

“We have now crossed the 4% mark with a strong tailwind driving momentum for further growth in the fourth quarter and into 2027,” Chesler said.

Net Interest Income and Repricing Tailwinds
Net interest income totaled $290 million, up 5% from the previous quarter and 29% from a year earlier. Pre-tax, pre-provision net revenue was $138 million, an increase of 6% sequentially.

Treasurer and Senior Vice President Byron Pollan said the company expects asset repricing to remain a contributor to margin expansion. Approximately $3.5 billion of loans in the portfolio are expected to reprice 125 to 150 basis points higher over the next 12 months, he said. In addition, investment cash flows are being reinvested at yields roughly 350 basis points above the current runoff yield.

New loan production yields were 6.74% during the third quarter, according to Tom Dolan. Pollan said new deposit accounts are being opened at interest costs ranging from 2.25% to 2.5%.

Pollan characterized Glacier as modestly asset-sensitive and said anticipated benefits from loan and securities repricing should more than offset any rise in funding costs if rates continue to increase. He said the company’s historical net interest margin range has generally been 4% to 4.5%, adding that the current market environment could support movement toward the higher end of that range over time.

For deposits, the spot rate at Sept. 30 was 1.20%. Pollan estimated total deposit beta could be in a 20% to 25% range, initially closer to the lower end.

Loan and Deposit Growth
Total loans ended the quarter at $21.6 billion, rising $256 million from the second quarter, or 5% on an annualized basis. The average loan yield increased 10 basis points sequentially to 6.22%.

Dolan said Glacier’s Southwest division, which includes its Texas footprint, grew loans at an annualized rate of about 8% during the quarter, outpacing the company overall. He said both the Southwest and Mountain regions continued to have healthy pipelines and deal flow, particularly in commercial real estate and construction lending.

While acknowledging a seasonally slower period ahead, Dolan said the company remains comfortable with a low- to mid-single-digit loan growth outlook. He added that Glacier had not seen material deals fall out of its pipeline because of interest rates, though borrowers have shown caution and may pursue smaller projects or contribute additional equity.

Total deposits were $25.3 billion at quarter-end, up $619 million from the prior quarter, or 10% annualized, and up $3.4 billion from a year earlier. Non-interest-bearing deposits increased $279 million, or 15% annualized, to $7.7 billion and accounted for 30% of total deposits.

Pollan said deposit growth was broad-based across products, divisions and geographies. Total funding costs declined one basis point from the previous quarter to 1.32%, while core deposit costs, including non-interest-bearing deposits, declined to 1.17%.

The loan-to-deposit ratio improved to 85.7% from 86.8% in the second quarter.

Credit, Expenses and Capital
Credit quality remained stable. Early-stage delinquencies declined to 0.27% of loans from 0.31% in the prior quarter, while non-performing assets fell $1.2 million to $90.6 million, or 0.28% of subsidiary assets. Net charge-offs were $6 million, including $3.5 million in deposit overdraft charge-offs.

Non-interest expense was $191.9 million on a reported basis and $190.8 million on an operating basis, Chief Financial Officer Ron Copher said. The company’s efficiency ratio improved to 56.08% from 56.65% in the second quarter.

Copher maintained Glacier’s fourth-quarter operating expense guidance of $187 million to $192 million, though he said results are likely to be toward the high end of that range. He expects full-year expenses to be near $757 million within the company’s $750 million to $760 million guidance range.

Glacier expects its efficiency ratio to reach 54% to 55% in the fourth quarter, Copher said. Year-to-date operating efficiency improved by nearly five percentage points, from 62% to 57%, he added.

Return on average assets increased to 1.31%, compared with 1.25% in the second quarter and 0.93% a year earlier. Tangible book value per share rose to $22.05, up 1% sequentially and 8% from the prior-year quarter.

The board increased the quarterly dividend by 2 cents, or 6%, to $0.35 per share. Chesler said it was the company’s 166th consecutive quarterly dividend and its 50th dividend increase.

Chesler also said management is evaluating capital deployment alternatives as earnings drive capital accumulation, including special dividends and share repurchases. No specific authorization or timing was announced.

About Glacier Bancorp (NYSE:GBCI)Glacier Bancorp, Inc is a regional bank holding company headquartered in Kalispell, Montana. Through its banking subsidiaries, including Glacier Bank, the company provides financial services to individuals, families, businesses and community organizations across the Mountain West and Inland Northwest.

The company's products and services include checking and savings accounts, certificates of deposit, consumer and residential mortgages, commercial and real estate lending, agricultural loans, cash-management services and online and mobile banking.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Glacier Bancorp Right Now?Before you consider Glacier Bancorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Glacier Bancorp wasn't on the list.

While Glacier Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

On its third quarter of 2026 earnings call, held on Oct. 22, 2026, RingCentral (RNG +5.71%) announced that customers using at least one paid artificial intelligence product reached over $400 million in annual recurring revenue, or predictable subscription revenue annualized. Higher average spending and stronger account retention in this group create a durable foundation for long-term cash generation.

Three things management said on the call stand out.

1. Paid Artificial Intelligence Products Now Generate Over $400 Million in Annual Recurring RevenueCustomers adopting paid artificial intelligence tools renew at higher rates and generate higher annualized revenue per user (ARR). Higher net retention, or the percentage of recurring revenue retained from existing customers, helps turn product expansion into durable profit margins.

RingCentral AI, which we define as customers using at least 1 native paid AI product, now represent approximately 15% of total ARR or over $400 million. Doubling year over year. This cohort of customers also has meaningfully higher ARPU and net retention.
-- Vladimir G. Shmunis, Founder, Chairman and CEO2. Gross Debt Fell Below $1 Billion Ahead of ScheduleRepaying high-cost callable debt lowers interest obligations and strengthens the balance sheet. Reducing RingCentral's total obligations gives management flexibility to return capital to shareholders through share buybacks while funding product development internally.

Free cash flow generation remains strong, which enabled us to reach an important milestone of reducing gross debt to under $1 billion as of today, which is ahead of schedule.
-- Vladimir G. Shmunis, Founder, Chairman and CEO3. Subscription Gross Margins Hold Above 80% Despite Expansion in Artificial IntelligenceRunning artificial intelligence features increases computing requirements, but disciplined pricing and efficient model selection keep direct costs under control. Maintaining a high subscription gross margin, or the percentage of revenue remaining after direct costs, ensures that RingCentral's revenue growth translates into cash flow.

And our gross margins on AI products are generally holding in line with the corporate average as well. And, really, we are optimizing with 2 levers there. One is pricing, and the other one is cost.
-- Vaibhav Agarwal, CFO$83.96+$4.54 (+5.71%)

NYSE · As of 3:09 PM ET 10/23/26

Looking AheadSubscription revenue and free cash flow generation continue to expand, giving RingCentral headroom to execute its growth strategy. Management points to improving unit economics across its cloud communications platform as the primary engine driving long-term gains.

We are growing revenue, expanding profitability, and generating substantial free cash flow and free cash flow per share.
-- Vladimir G. Shmunis, Founder, Chairman and CEODistribution partnerships with global service providers and global voice infrastructure provide structural advantages over smaller software competitors. Management remains focused on pricing discipline and model efficiency as adoption of artificial intelligence increases.

Together with a stronger balance sheet and disciplined capital allocation, we believe these fundamentals position RingCentral to compound free cash flow per share and drive meaningful long term shareholder value.
-- Vaibhav Agarwal, CFOThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

An occasional joke that people make on the internet when they're complaining about some annoying or disappointing aspect of modern life in the 21st century is: "We were promised flying cars by now!"

This fascination with flying cars is part of why the electric vertical takeoff and landing (eVTOL) industry has been so intriguing for investors. What if, someday soon, we could all commute to work in the sky -- without getting stuck in traffic, car exhaust and fender benders, or the time-wasting, humdrum frustrations of land-based vehicles?

I wish it were possible, but I'm not betting money on it. Don't get me wrong: I'm rooting for eVTOL technology. The designs look cool. I love the idea of everyday transportation powered by clean energy. I love flying in planes. And I wish we could all experience the futuristic thrills of getting around in everyday life with flying cars or air taxis.

But unfortunately, I believe the eVTOL industry might be stuck in a holding pattern for a long time. There are a few big reasons why I'm bearish on eVTOL stocks.

Image source: Getty Images.

1. Batteries are expensive
To be lighter than air, eVTOL aircraft need lightweight batteries. The past few years have seen significant improvements in the capacity, energy density, and lightness of lithium-ion batteries used in electric vehicles on land. But eVTOL batteries are expensive. As of April 2025, aviation-grade battery costs were about 10 times higher than electric car batteries. An eVTOL industry website (eVTOL.Travel) estimates that eVTOL aircraft purchase prices range from $410,000 to $4 million per aircraft, and battery and energy costs make up about 25% to 30% of manufacturing costs.

eVTOLs have special challenges with batteries -- they need enough power to provide lift and enough battery life to keep an aircraft in the sky. Batteries are much less energy-dense than traditional hydrocarbon aircraft fuel, and making multiple vertical takeoffs and landings (like would be required for everyday round-trips with passengers) causes batteries to drain faster.

This puts extra engineering challenges on eVTOLs. They have to take off and land and operate in a more battery-intensive way compared to conventional aircraft like airline planes. These engineering problems could be solvable, and aviation battery costs might come down. The price of eVTOLs is also expected to decline if and when the industry can ramp up production. But this challenge of more expensive batteries driving up prices is one big area of uncertainty that the eVTOL industry faces.

2. FAA regulations are complicated
The Federal Aviation Administration (FAA) has the final say on what kinds of vehicles are allowed to fly and where. New aircraft are required to go through a seven-phase FAA certification process. As of May, Archer Aviation (ACHR +3.55%) and Joby Aviation (JOBY +1.49%) had made progress into Phase 4 of this FAA process, according to CNBC.

Several eVTOL companies have completed test flights and are exploring the start of passenger service. But as of this writing in October, no eVTOL company has completed full FAA certification. According to reporting from Gulf News in the United Arab Emirates (where eVTOL companies are also exploring air taxi service), eVTOLs might not achieve U.S. certification with the FAA until mid-2027 at the earliest.

Delays in FAA certification might be the biggest risk to the eVTOL industry. Developing these aircraft is expensive. For example, Joby is burning over $200 million per quarter as of September 2026. Not every company will have enough cash to stay in business until they reach commercialization.

JOBY Joby Aviation$4.77+$0.07 (+1.49%)

NYSE · As of 3:09 PM ET 10/23/26

3. Aircraft need lots of infrastructure
Even if eVTOL aircraft were fully approved and certified by the FAA tomorrow, many questions remain unanswered:

Where would they fly -- would there be a dedicated low-altitude airspace where these special aircraft could operate?
Who would oversee air traffic control for eVTOLs? Companies like Joby have been collaborating with the FAA on airspace integration and proof-of-concept programs to include eVTOLs in the existing air traffic control system. But this is another regulatory issue that needs to be addressed.
Where would they land -- would there be dedicated helipads or vertiports for these helicopter-like vehicles to take off, or could they truly take off from any location and land on any parking lot or residential street?

America's airports rely on complex systems for air traffic control. Commercial airlines have high standards for safety and maintenance. All this involves a lot of government bureaucracy, friction, and expense. None of this can be easily bypassed or waved away with a magic wand. By the time some of these regulatory issues and infrastructure questions get sorted out, many eVTOL companies might run out of cash.

4. What's the business model?
eVTOL vehicles might be a case of "good product, bad business." There might not be a large-enough viable market for air taxi services. How many people can currently afford to hire helicopters instead of taking a taxi, rideshare, or bus?

According to Fortune Business Insights, the global helicopter market size was about $47.9 billion in 2025. But according to a helicopter market report from Rotortrade, eVTOL aircraft are likely to have a "limited" impact on demand for traditional helicopters until 2030, and might not replace light helicopters for urban air mobility until 2030 to 2035.

Even if there is enough room in the sky for helicopters and eVTOL aircraft, there might not be enough room in the market for both. So far in 2026, the share prices of the top five best eVTOL stocks have plummeted. Boeing is down less than the rest, but it's a well-established aerospace company that sells more than just eVTOL aircraft.

BA data by YCharts

It feels like there are still too many unknowns about the business model for eVTOL transportation. Even if battery technology improves, manufacturing scales up, prices come down, the FAA regulations are resolved, and the right infrastructure is organized, I'm skeptical about investing in eVTOL companies.

I don't know if these companies can make enough money by selling flights to commercial passengers (like an airline or rideshare company), or if there is enough demand from the kinds of buyers who already buy helicopters to buy these vehicles directly. No doubt, eVTOL companies are building something futuristic and exciting, but it's also financially risky. I wouldn't rate any pure-play eVTOL stock as a buy right now.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2026, in a news release to be issued after the market close on Thursday, October 29, 2026. The conference call and live audio webcast is being rescheduled to 5:30 pm. Eastern Time from the originally scheduled 5:00 p.m. Eastern Time. The release, webcast, and accompanying materials will be available online at pfsi.pennymac.com. A replay of the webca.

PennyMac Financial Services, Inc. Reschedules Third Quarter 2026 Earnings Call to 5:30 PM ET on Thursday, October 29
PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2026, in a news release to be issued after the market close on Thursday, October 29, 2026. The conference call and live audio webcast is being rescheduled to 5:30 pm. Eastern Time from the originally scheduled 5:00 p.m. Eastern Time.

The release, webcast, and accompanying materials will be available online at pfsi.pennymac.com. A replay of the webcast will be available shortly after its conclusion.

Individuals who are unable to access the website but would like to receive a copy of the materials should contact our Investor Relations department at 818.264.4907.

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. (NYSE: PFSI) is a national financial services firm focused on the production and servicing of U.S. mortgage loans and the management of mortgage-related investments. Founded in 2008 and headquartered in Westlake Village, California, it is one of the nation's largest mortgage producers and servicers, and one of the few lenders operating at scale across all three production channels. The company combines advanced technology with significant operational scale to serve home buyers, existing homeowners, and its institutional partners nationwide. Additional information about PennyMac Financial Services, Inc. is available at pfsi.pennymac.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261023483596/en/

Disclosures
I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure